SPRINGFIELD, Va. -- Isomet Corporation (Nasdaq: IOMT - news) announced today, first quarter ended March 31, 2001 consolidated net revenue of $1,710,000, compared with $2,654,000 in 2000. A net loss of $(50,000) or $(.03) per share was incurred in the current quarter, compared to net income in the first quarter of 2000 of $306,000 or $.15 per share (diluted).

Receipt of new orders for the quarters ended March 31, 2001 and 2000 was $3,414,000 and $3,442,000, respectively and unfilled orders totaled $5,205,000 and $4,419,000, respectively.

Isomet Corp.