COPENHAGEN, Denmark, Aug. 29, 2003 (PRIMEZONE) -- Olicom A/S (Pink Sheets:OLCMF) today announced a net loss for the six months period ended June 30, 2003, of 4.5 million Danish kroner, or US$ 0.7 million. The loss per share was DKK 0.27, or US$ 0.04 per share.
As of June 30, 2003, Olicom had cash and restricted cash of DKK 67.8 million, or US$ 10.4 million. Shareholders' equity was DKK 223.1 million, or US$ 34.3 million, at the end of June 2003, corresponding to DKK 13.17 per share, or US$ 2.03 per share.