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Calian Technologies Ltd.

12:02 PM EST - Calian Technologies Ltd. : announced that its fourth-quarter net earnings were $3.5 million or $0.44 per share, compared to $2.7 million or $0.33 per share in the same quarter of the previous year. Revenues for the quarter were $54.4 million, an increase of 11% from the $48.9 million reported in the same quarter of the previous year. For the year 2009, the Company reported net earnings of $16.5 million or $2.11 per share, compared to net earnings of $10.5 million or $1.27 per share in the prior year. Revenues for the quarter were $227.2 million, up from $193.2 million in the year-ago quarter. Calian Technologies Ltd. shares T.CTY are trading up $0.05 at $18.75.