Zyvex releases sales data

Jan. 26, 2005 — Zyvex Corp., a Richardson, Texas-based developer of nanotech tools, products and services, released revenue results for its fiscal 2004 fourth quarter.

The company posted $4 million in revenue for the fourth quarter, a 55 percent increase over the same period in 2003, according to a company release. Total revenue for 2004 was $8.6 million, a 102 percent increase. New international sales accounted for 10 percent of the year’s revenue, the company said.

Chief Financial Officer Timothy Gilmore said in a prepared statement that the company’s introduction of its IC Nanoprober in the fourth quarter drove the positive results for the quarter and the year. Although the company did not release net figures, it said its net loss for 2004 was reduced 42 percent over 2003.

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