The integration of the two technologies from each company has already yielded Icovia 3D, an interactive 3-D space-planning tool. Icovia 3D will premier at the Las Vegas Market.
In other 20-20 news, the company announced a revenues growth of 11.9% for the fiscal 2007 year, ended October 31, 2007. Operating income decreased by 19.5% to $5.1 million or 7.5% of total revenues for fiscal 2007, compared to $6.3 million or 10.4% of total revenues for fiscal 2006. Due to a drop in the value of the U.S. dollar as compared to the Canadian dollar, the company reported an exchange loss of approximately $1.5 million, compared to a gain of $191,000 in 2006.
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