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Sunday, April 11, 2010

We will begin tracking the BDEV story. While it is likely too early to be overly enthused, the recent revenue performance of the fourth quarter has piqued are curiosity. For the full 2009 year BDEV reported revenues of $1.9 million, but $950 thousand of that came in the fourth quarter vs. $801 thousand in the third quarter . Unfortunately, losses also accelerated in the fourth quarter hampered by increased operating expenses.

We will offer an update if warranted.

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