Warp 10 Technologies Reports Q1 Results

Warp 10 Technologies (Toronto, Ontario; Nasdaq: WARPF

), a developer of software for managing and distributing image, audio and text files, reports Q1 '98 financial results. Revenue of $125,237 compares with revenue of $494,707 in Q1 '97. A net loss of $717,868 compares with a Q1 '97 net loss of $1,081,469. During the quarter Warp 10 "began training activities with our recently secured North American resellers," said chairman and CEO Marvin Igelman, "so that in the ensuing quarters they would be ready to sell our product."ew