Isomet Announces First Quarter 2005 Results

Isomet Announces First Quarter 2005 Results 


SPRINGFIELD, Va., May 11  /PRNewswire-FirstCall/ -- Isomet Corporation (Pink
Sheets: IOMT) announced today for the first quarter ended March 31, 2005
consolidated net revenue of $833,000, compared with $1,150,000 for the first
quarter in 2004.  Revenue for the first quarter of 2004 includes a non-
recurring sale to a previous systems customer totaling $394,000.  In the first
quarter of 2005 sales were broadly based and there were no sales of a non-
recurring nature.

A net loss of $(194,000) or $(.10) per share was incurred in the current
quarter compared to a net loss in the first quarter of 2004 of $(182,000) or
$(.09) per share.  The net loss for the quarter ended March 31, 2004 is net of
a $30,000, or $.02 per share, reduction in a previously established loss
provision against amounts due from a previous systems customer.

Receipt of new orders for the quarters ended March 31, 2005 and 2004 was
$1,216,000 and $927,000 respectively.  The March 31, 2004 quarter total of new
orders includes $394,000 of non-recurring orders from a previous systems
customer.  In the first quarter of 2005 order receipts were broadly based and
there were no order receipts of a non-recurring nature.  Unfilled orders
totaled $915,000 and $458,000, respectively, as of March 31, 2005 and 2004.

                        Isomet Corporation (IOMT)


  Quarter March 31                            2005            2004

  Revenue                                  $ 833,000    $  1,150,000 (1)

  Net (Loss)                               $(194,000)   $   (182,000)(2)

  Net (Loss) Per Share                     $    (.10)   $       (.09)(2)


  (1)  Includes $394,000 in non-recurring sales to a previous systems
       customer.

  (2)  Net of income of $30,000 $(.02 Per Share) due to a reduction in a
       previously established loss provision against amounts due from a
       previous systems customer.


DATASOURCE: Isomet Corporation



CONTACT:  Jerry W. Rayburn of Isomet Corporation, [phone]



Web site:  http://www.isomet.com/ 

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