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Infotopia, Inc. Announces Revenues of $37.5 Million for Second Quarter; Year-to-Date EPS at $1.26 Per Share.

Business Wire

| August 14, 2001 | COPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Business/Technology Editors

CANFIELD, Ohio--(BUSINESS WIRE)--Aug. 14, 2001

Infotopia, Inc. (OTC BB:IFTA) ("Infotopia" or the "Company"), today announced its revenues and earnings for the second quarter ended June 30, 2001.

Gross revenues for the three-month period were $37.5 million compared with $0.7 million for the same period one year ago. Net income for the second quarter ended June 30, 2001 was $1.5 million, or $0.47 per diluted share, compared to a loss of ($21.90) per diluted share.

Year-to-date gross revenue is $60.3 million, with a net income of $2.7 million. Earnings per share (EPS) for the six-month period are $1.26 per diluted share.

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