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Earnings reports

Hifn Reports Q4

LOS GATOS, Calif. -- Hifn(TM) (NASDAQ:HIFN) today reported financial results for the fourth quarter and twelve months ended September 30, 2006.

Revenues for the fourth quarter of fiscal 2006 were $9.1 million, a decrease of 26 percent from the $12.3 million in revenues reported in the previous quarter and an increase of 3 percent from the $8.8 million in revenues reported in the fourth quarter of fiscal 2005. Revenues for the twelve months ended September 30, 2006 were $43.8 million, a decrease of 6 percent from the $46.4 million reported for the twelve months ended September 30, 2005.

Hifn Inc. (Nasdaq: HIFN)

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