03:44 PM EST - Baden Technologies Inc. : reported for the first-quarter net income of $262,000 or $0.01 per share, up from $169,000 or $0.01 per share in the prior-year period. Quarterly revenues increased to $1.31 million from $1.28 million in the same period last year. Looking ahead, the company said that despite the recent slowdown in the global oil and gas industries, demand for domestic filtration services and consumables is increasing during the first half of 2009. And the company continues to be a leading supplier of both the turnkey Brine Plant and domestic ultra-filtration services. Both these areas are expected to continue to grow quarterly over previous years. Baden Technologies Inc.
shares V.BDZ are trading up $0.01 at $0.12.
