For the third quarter fiscal 2008, the company reported net revenue of $4.10 million, compared to revenues of $4.10 million for the same period of 2007.
For the nine-month periods ended September 30, 2008 and September 30, 2007, total revenue was $11.9 million and $12.2 million, respectively, representing a 3% decrease.
Robert Voelk, CEO, president and chairman of the board of directors at Omtool, said: We continue to focus our resources on partner-initiated opportunities, and on opportunities in the legal, professional services, and healthcare vertical markets. The partner opportunities we have been pursuing, particularly in the financial services market, are beginning to come to fruition as evidenced by the large financial services contract that closed during this past third quarter. We also closed additional opportunities with the same partner in the healthcare vertical market, a market in which our investments over the past year appear to be gaining some momentum.
