IntraNet Solutions, Inc., announced its financial results for the third quarter ended Dec. 31, 1998. Total revenues for the quarter ended Dec. 31, 1998 decreased to $2.5 million from $5.0 million in the prior year’s quarter as a result of divesting the company’s hardware integration group. Increases of $649, 078 in software, technical services and support revenues were offset by a decrease in hardware integration group revenues of $3.1 million. Loss from continuing operations was $132,057 or $0.01 per share. This compared to a loss from continuing operations of $122,268 or a loss of $0.02 per share in the prior year’s quarter. Total revenues for the nine months ended Dec. 31, 1998 decreased to $11.0 million from $14.6 million in the prior year period. Increases of $1.7 million in software, technical services and support revenues were offset by a decrease in hardware integration group revenues of $5.3 million. Loss from continuing operations was $355,072, which included a gain of $516,934 from the sale of the hardware integration unit, or a loss of $0.04 per share. This compared to a loss from continuing operations of $1,002,016, or a loss of $0.13 per share in the prior year period. www.intranetsol.com

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