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Mitec Telecom Inc.

12:04 PM EST - Mitec Telecom Inc. : reported third-quarter net loss of $361,000 or breakeven per share, compared to net loss of $1.35 million or $0.01 per share last year. Quarterly sales declined to $7.92 million from $9.83 million in the prior year. Mitec Telecom Inc. shares T.MTM are trading even at $0.07.