- YANGAROO Reports Second Quarter Results
The industry’s leading secure digital media distribution company, today announced results for the first half and second quarter ended June 30, 2008. Revenues for the six months ended June 30 were 5% higher than revenues for the same period in 2007, due to the increased use of YANGAROO’s Digital Media Distribution System (DMDS). Cash and cash equivalents were $4,475,000 at June 30, 2008. In the United States market, the volume of deliveries made by YANGAROO’s DMDS in the second quarter more than doubled over the second quarter of 2007 to 526,000.