Mosaix shows revenue increase

Mosaix (Redmond, WA, Nasdaq, MOSX, http://www.mosaix.com

) reports Q2 ’97 revenue of $31.7 million, an 11% increase over the $28.6 million reported in Q2 ’96. Net income was $3.3 million in Q2 ’97 compared with $2.6 million in Q2 ’96. The Q2 ’96 results do not reflect a one-time-charge for development costs of $5.0 million. Pat Howard, chairman and CEO of Mosaix, says: “Going forward, we have the right products, sales strategy and the organizational structure to capitalize on the emerging global opportunities for integrated ECM products.”