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Ranaz Corp.

03:53 PM EST - Ranaz Corp. : posted first-quarter net loss of $444,000 or $0.007 per share, wider than $190,000 or $0.004 per share in the prior-year period. The increase of net loss was mainly due to the product recall compensation revenue of $320,000 in 2009. Sales for the quarter was $4.2 million compared with $4.3 million in the same quarter last year. Ranaz Corp. shares V.RNZ are trading even at $0.06.