DALLAS, March 10, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Zoom Technologies Inc. (Nasdaq:ZOOM). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The full report is available at: http://www.beaconequity.com/i/ZOOM
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Zoom Technologies Inc. (ZOOM), through its wholly owned holding company subsidiaries, Gold Lion Holding Ltd., owns 51.03% of TCB Digital and 100% of Profit Harvest Corporation Ltd. ZOOM is comprised of the businesses of TCB Digital, Jiangsu Leimone Electronics Co. Ltd. and Profit Harvest. TCB Digital and Jiangsu Leimone manufacture, research and develop, and sell electronic components for third generation mobile phones, wireless communication circuitry, global positioning system (GPS) equipment, and related software products.
Message Board Search for ZOOM: http://www.boardcentral.com/boards/ZOOM
In the report, the analyst notes:
"ZOOM reported a net loss of $0.9 million or 44 cents per share for its third quarter ended September 30, 2009, a slight improvement over its net loss of $1.0 million or 50 cents per share for Q3 2008. More than half of the Q3 2009 loss was due to expenses relating to the previously announced September 2009 merger involving ZOOM and the simultaneous spin-off of Zoom Telephonics. Zoom Telephonics reported net sales of $2.5 million for Q3 2009, down 34.8% from $3.9 million for the third quarter of 2008.
"ZOOM manufactures routers with 802.11-N wireless and Ethernet to distribute, manage and secure both a mobile and a wired broadband connection. The mobile broadband connection is obtained by simply plugging in a USB modem into a USB interface on the routers. A wide range of modems and services are supported."
To read the entire report visit: http://www.beaconequity.com/i/ZOOM
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