Media 100 Reports Fourth Quarter and Fiscal Year 2002 Results; 844/X End User Seats Grow 66% Over Third Quarter of 2002.

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Media 100 Reports Fourth Quarter and Fiscal Year 2002 Results; 844/X End User Seats Grow 66% Over Third Quarter of 2002.

Business Editors/High-Tech Writers

MARLBORO, Mass.--(BUSINESS WIRE)--Jan. 23, 2003

Media 100 Inc. (NASDAQ: MDEA), a leading developer of advanced media systems, today reported financial results for its fourth quarter and fiscal year ending November 30, 2002.

Net sales for the fourth quarter were $2.6 million, versus $5.8 million in the fourth quarter of fiscal 2001. Net sales for the fourth quarter excluded sales of 844/X, all of which the Company deferred as a result of the promotion of ...

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