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Tactex Reports Q3 Fiscal 2002 Results.

Publication: PR Newswire

Publication Date: 29-NOV-02
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COPYRIGHT 2002 PR Newswire Association LLC

Highlighted by continued production and a technology agreement with Japanese multi-national Nitta Corp.

Tactex Controls Inc., (http://www.tactex.com/, TSE Venture: TTX), the developer of patented Kinotex(TM) Smart Fabric, today announced financial results for the third quarter of the fiscal year ended September 30, 2002.

Revenue for the three-month period was $115,079. The Company posted an after tax loss of $219,328 ($0.01 per share) for the quarter. At the end of the quarter, the Company had $458,055 in cash and cash equivalents...

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