Storage Computer has 80% net income increase
Storage Computer (Nashua, NH, Amex: SOS, http://www.storage.com
) announces $9.7 million in revenue for Q2 ’97, a 32% increase compared with Q2 ’96 of $7.3 million. Net income for Q2 ’97 experienced a record of $1,095,359, an 80% increase over the Q2 ’96 net income of $609,012. Ted Goodlander, chairman and CEO of Storage Computer, attributes the financial gains to an increase in “global demand” for scalable and manageable storage systems, systems that meet both long-term and short-term business goals.