BOISE, Idaho-Wireless enterprise company Extended Systems Inc. reported revenues for its fourth quarter of $5.6 million and a net loss of $2.2 million, news that sent the company’s stock up slightly to $2.08 per share.
Extended Systems’ president and chief executive officer, Steve Simpson, said although the current economic climate has dramatically affected IT spending, interest and demand for the company’s mobile information management software remains strong.
“Extended Systems continues to sign up record numbers of XTNDConnect Server enterprise customers,” he said “The number of licenses they are purchasing is limited but we are building a foundation for success and believe that once IT spending resumes, we will start to see widespread, large deployments of Extended Systems’ mobile data management and synchronization software.”