04:16 PM EST - Photon Control Inc. : said its revenue for the first quarter of 2008 was $1.4 million compared with revenue of $1.5 million for the fourth quarter of 2007, representing a decrease of 9%. Gross Margin for Q108 was 37% compared to 43% for Q407. Cash in hand at March 31, 2008 was $0.6 million. Photon Control Inc.
shares V.PHO are trading unchanged at $0.07.
