DataLogic International to Report Record Sales and Profits for Q4 2003 IRVINE, Calif., Dec. 22 /PRNewswire-FirstCall/ -- DataLogic International, Inc. (OTC Bulletin Board: DLGI; Berlin Stock Exchange: 779612) today announced preliminary results for the fourth quarter ended December 31, 2003. The Company's net revenues for the three months ended December 31, 2003 is expected to be approximately $3M with the overall revenues for fiscal 2003 to exceed $10M. The Company expects to report a net profit of approximately $350,000, an increase of over 200% from its previous quarter. The increase in revenues was due to steady core business growth and strong VoIP sales. The increase in net profits was primarily due to the VoIP margins. "The results of this quarter are indicative of the potential of our new telephony business", commented Keith Nguyen, DataLogic's President. "We will continue to grow our core business but with a much larger emphasis toward the expansion of the VoIP and wireless components. We firmly believe that this quarter's results will set the stage for a strong fiscal 2004." About DataLogic International Inc. DataLogic International, Inc. consists of two subsidiaries, DataLogic Consulting, Inc. and IPN Communications, Inc. DataLogic Consulting, a wholly-owned subsidiary, is a professional service company dedicated to solving its clients' business problems with technology-based solutions. The Company services include Information Technology consultancy, project management, software development, Internet solutions, telecommunications/wireless integration, value added reselling/training and IT outsourcing. The Company also provides short and long term staffing solutions to IT clients and healthcare/medical providers. The Company clients consist of commercial enterprises and local and state governments. Among the industries that DataLogic serves include Communications, Energy, Financial, Government, Healthcare, Manufacturing, Retail and Transportation. A partial list of the Company's current and previous clients include Alcon Labs, Amgen, Boeing, Compaq Computer, Cisco Systems, City of Houston, Commonwealth of Virginia, FDNY, FedEx, IBM Corp., International Paper, Kiboga Systems, Orange County Transportation Authority (OCTA), PacifiCare/RX Solutions, Phillips Petroleum, Prudential Healthcare, State of North Carolina, State of Rhode Island, SAS Institute and Sun Microsystems. IPN Communications, Inc, a majority-owned subsidiary, is a provider of voice over Internet protocol (VoIP) telephony product and services. The company target markets are consumers and business users worldwide who seek to reduce communication costs. IPN product suite includes USB and Ethernet based VoIP phones and turn key servers that support in-network VoIP calling and VoIP to public-switch telephone network (PSTN). For more information on IPN Communications, Inc., go to http://www.ipncom.com/ . For more information on DataLogic International, Inc., go to http://www.dlgi.com/ or contact Investor Relations at or (888) 530-8228. DATASOURCE: DataLogic International, Inc. CONTACT: DataLogic International, Inc., +1-888-530-8228, Web site: http://www.dlgi.com/

Copyright