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CE Software fourth-quarter revenue more than halved

CE Software, the company behind QuicKeys and QuickMail, today post a fourth-quarter loss of US$468,000 on revenues of $318,000, compared to a loss of $53,000 on revenues of $653,000 in the year-ago quarter. For the fiscal year 2001, the company lost $1.2 million on revenues of $1.5 million. CE Software blamed the decline in revenue on worsening economic conditions and announced it has secured $650,000 in additional funding to continue operations and development.

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