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Calian Technologies Ltd.

04:32 PM EST - Calian Technologies Ltd. : reported net income for the first quarter of $2.2 million or $0.26 per share, higher than $2.0 million or $0.24 per share in the same quarter previous year. Revenues for the quarter were $45.9 million, up 2% from $45.1 million in the prior year quarter. Calian Technologies Ltd. shares T.CTY are trading up 5 cents at $12.40.