In a provisional announcement of its financial results for 1998, French modem manufacturer Com1 SA expects to see a return to profitability, after reporting an Fr8m ($1.37m) loss in 1997. The company is forecasting a net profit of Fr3.5m-Fr4m ($600,00-$690,000) on revenues that were up 17% at Fr211m ($36.17m). The Bordeaux-based company said that, during 1998, its PCMCIA modem card was selected by Japanese electronics giant, Sony Corp as a standard fitting for its new portable PC line in Europe, while its digital video transmission system was chosen world-wide by the Dutch group Philips. Com1 said that 61% of its revenues came from outside France last year. A total of 217,000 of the companyÆs modems were installed in satellite decoders for the Canal+ pay TV channel during the year.
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