 |
   |
 |
|
 |
|
SCOTTSDALE, Arizona -- March 19, 2007 -- Mobility Electronics
Inc. reported a net loss of $16,842,000 on $92,464,000 of
revenues, compared with a net income of $5,007,000 on $85,501,000
of revenues during the prior year.
The losses were attributed to higher operating expenses of
$41,039,000 in 2006, compared with $28,712,000 in 2005. The
company's sales and marketing revenues rose by approximately 46%
to $11,394,000 in 2006 from $7,812,000 in 2005.
Scottsdale, Arizona-based Mobility Electronics is a leading
provider of innovative products and solutions for the mobile
electronics industry. Mobility has created a broad base of
branded and private-label products that focus primarily on
providing accessories, such as power solutions and foldable
keyboards, for mobile electronic devices. The company primarily
sells its products through original equipment manufacturers like
Lenovo; private-label resellers such as Targus Group Int'l;
resellers such as Ingram Micro Inc.; retailers such as RadioShack
Corp.; and directly to end users through our iGo brand Web site,
http://www.igo.com
|
|
 |
|
 |
