VOXSON WIRELESS CO BOOKS LOWER FIRST HALF LOSS.

AsiaPulse News, March, 2002

BRISBANE, March 8 Asia Pulse - Voxson Ltd (ASX:VXS), a digital wireless company, has posted an $A888,000 ($US464,690.4) net loss for the first half.

The result is 80 per cent better than the comparative period, and the firm said its sales outlook was positive.

The digital wireless technology company was now debt free after it sold its Pinkenba property, on the northern outskirts of Brisbane, on December 21 2001 for $3.4 million profit, which was used to repay borrowings.

Revenue for the six months to December 31 2001 was up 109 per cent to $13.09 million - made up of $10.2 million in revenue from the sale of the property and $2.89 million from ordinary activities.

Chief executive Andrew Churchill said that in the past one of the company's...