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MagIndustries Corp.

03:50 PM EST - MagIndustries Corp. : reported full-year 2008 net loss of $55.8 million U.S., compared to net loss of $18.4 million U.S. last year. The company recorded total revenue of $30.2 million U.S. for the year. MagIndustries Corp. shares V.MAA are trading $0.005 at $0.36.