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AltiGen Reports Financial Loss for 2005
Server Based Solutions a Thing of the Past

Yahoo Finance
November 16, 2005

FREMONT, Calif., Nov. 16 /PRNewswire-FirstCall/ -- AltiGen Communications, Inc. (Nasdaq: ATGN - News), a leading provider of next generation IP-PBX phone systems today reported its financial results for the Company's fourth quarter and full fiscal year ended September 30, 2005.

Revenue for the fourth quarter of fiscal 2005 was $4.2 million, compared to $4.0 million a year ago and $4.1 million in the third quarter of fiscal 2005. Net profit for the quarter was $313,000 or $0.02 per diluted share, compared to $136,000 or $0.01 per diluted share a year ago, and net loss of $96,000 or $0.01 per share in the previous quarter.

Revenue for the full 2005 fiscal year was $15.4 million compared to $14.8 million in 2004. Net loss for fiscal 2005 was $299,000 or $0.02 per share compared to net profit of $28,000 or $0.00 per share for 2004.