DALLAS, July 21, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring ZAGG Inc. (Nasdaq:ZAGG). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/ZAGG
ZAGG Inc. (ZAGG) engages in the design, manufacture and distribution of protective coverings, audio accessories and power solutions for consumer electronic and hand-held devices under the brand names invisibleSHIELD, ZAGGskins, ZAGGbuds, ZAGGsparq and ZAGGmate. In June 2011, the Company acquired iFrogz, a privately owned company that develops and markets mobile device cases and audio products in the value-priced, lifestyle sector, with an emphasis on design and creativity. The invisibleSHIELD, ZAGG's patented flagship product, is the original thin film full-body protector, and is available in over 5,000 precision pre-cut designs with a lifetime replacement warranty.
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In the report, the analyst notes:
"ZAGG shares were boosted yesterday after the Salt Lake City-based company announced a distribution partnership with T-Mobile USA Inc. ... invisibleSHIELD, ZAGG's flagship product, will be offered initially for the T-Mobile myTouch 4G Slide smartphone, which is set to be available this month."
"ZAGG posted revenue of $27.0 million for the first quarter ended March 31, 2011, a 207% increase from $8.8 million in the first quarter of 2010, and an 8% sequential decline as compared to $29.3 million in the fourth quarter of 2010."
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