COPENHAGEN, Denmark, April 23, 2003 (PRIMEZONE) -- Olicom A/S (Other OTC: OLCMF) today announced a net loss for the quarter of 2.5 million Danish kroner ("DKK"), or US $0.4 million. The loss per share was DKK 0.15, or US $0.02 per share.
As of March 31, 2003, Olicom had cash and restricted cash of DKK 86.3 million, or US $12.7 million. Shareholders' equity was DKK 224.8 million, or US $33.0 million, at the end of March 2003, corresponding to DKK 13.27 per share, or US $1.95 per share.
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