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September 17, 1998

COMPANY RESULT: RSI SYSTEMS INC

By CBR Staff Writer

RSI Systems Inc, Minneapolis-based videoconferencing specialist, has reported a fourth-quarter net loss of $444,000 on revenue up 66.3% at $1.7m, down from a loss of $706,000 a year ago. For the full year, net loss was $2.0m on revenue up 81.4% at $4.7m, down from a loss of $5.7m last year, which included a one time charge of $1.4m from inventory write-downs.

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