IntraNet Solutions posts Q2 '98 revenue gains

IntraNet Solutions (Eden Prairie, MN) reports Q2 '98 financial results. Revenue of $5.0 million represents a 48% increase from Q2 '97 revenue. A net loss of $977,786 compares with a Q2 '97 net loss of $631,341. Included in the quarter is a net loss from discontinued operations of $514,406. The company also announced a letter of intent to sell its Distribution Group to a "highly qualified" international organization, with the transaction to be completed by the end of the year. During the quarter the company introduced Version 2.5 of its Intra.doc document management system, and the Intra.doc Legacy paper-to-web solution incorporating Adobe

(San Jose) Acrobat Capture.