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Tranzeo earns big revenue, net income boosts in 2006

Briefs | 03/30/2007 10:15 am EDT

Tranzeo Wireless Technologies Inc., the Pitt Meadows BC-based producer of high-speed wireless broadband communication systems, has reported a 25% increase in annual revenue for 2006. Sales increased to 18.1 million from $14.6 in the previous year. The company's net income also soared in 2006, jumping 66% to $1.55 million from $0.9 million in 2005. "We have continued the trend of significantly improving our sales volume, customer base, gross profit and net earnings from the previous year," said president and CEO Jim Tocher.

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