Zi Corporation has signed a contract with a major global wireless service operator to incorporate Zi's revolutionary mobile search and service discovery solution, Qix, into its wireless mobile devices.
Zi Corporation has begun to implement the next phase of the business strategy launched following the appointment in May of new President and CEO, Milos Djokovic. A key component of this phase of the strategy is to drive towards positive Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA).
Zi Corporation has named veteran finance and operations executive Blair Mullin as interim Chief Financial Officer effective immediately. Mullin is a Partner in the Portland practice of Tatum, LLC. Mullin will report directly to President and Chief Executive Officer Milos Djokovic.
Zi Corporation reported that total revenues for this year's second quarter were $2.7 million compared to total revenues of $3.1 million for the second quarter of 2005.
Zi Corporation today announced plans to release its second quarter and six-month results before the market opens on Friday, August 11, and to host a conference call at 9:00 AM Eastern Time that same day.
Zi Corporation has applied for and been granted a Court Order allowing it to extend the date for holding its 2006 Annual General Meeting of shareholders to no later than February 27, 2007.
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