Arel Communications and Software Limited announces results for the first quarter of 1997.

Business WireMay 22, 1997

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Arel Communications and Software Limited announces results for the first quarter of 1997.

YAVNE, Israel--(BUSINESS WIRE)--May 22, 1997--Arel Communications and Software Limited (NASDAQ NMS Symbols ARLCF, ARLWF) announced today results for the first quarter of 1997.

Revenues in the three-month period were $458,172, a decrease of 74% over first quarter 1996 total revenue...

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