Amedia Reports Q2
Amedia Networks announced its Q2 results for 2007
August 15, 2007
EATONTOWN, N.J. -- Amedia Networks, Inc. (BULLETIN BOARD: AANI) , a provider of next generation media gateways to distribute and manage ultra-broadband triple-play services in the home, today announced its Q2 results for 2007.
"We are extremely pleased with the progress made in the first half of the year. Our first quarter resulted in our first significant revenue achievement of $234,400. And now, during our second quarter, as part of our redefined corporate strategy, we received a $200,000 advance on a production fee payable on gateway units produced under the new license agreement with Motorola. We continue to focus on leveraging these accomplishments as we execute on our strategy going forward," said Amedia President, CEO and Director Frank Galuppo.
Amedia Networks Inc. (OTC: AANI)
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