m-Wise Grows 1,000%

m-Wise, provider of mobile content solutions for operators, ASPs and content providers, today disclosed preliminary information of a ten-fold growth in its recognized revenues for the first financial quarter of 2005: from approximately $125,000 in the quarter ended March 31, 2004 to approximately $1.2 million in the quarter ended March 31, 2005. It’s from a small base, and m-Wise does go on to warn: “The Company’s sales have fluctuated in the past and are likely to continue to fluctuate from period to period depending on a number of factors, like the timing and receipt of significant orders, the timing of milestone payments within the license schedules, the timing of completion of contracts or maturity of prospect contracts.”

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