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Prestige Telecom Inc.

12:07 PM EST - Prestige Telecom Inc. : reported a fourth-quarter net loss of $2.2 million, compared to a net loss of $1.4 million in the prior year quarter. Sales for the quarter increased 37% to $8.1 million from the prior year quarter. For the full year 2008, the company reported a net loss of $2.07 million or $0.05 per share, compared to a net loss of $1.55 million or $0.05 per share in the same period last year. Sales for the full year increased to $36.95 million from $22.98 million in the same period last year. Prestige Telecom Inc. shares V.PR are trading off 1 cent at $0.39.