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Radiant posts record quarterly results

Vancouver's Radiant Communications Corp. (TSX-V:RCN) enjoyed record revenue of $5.5 million in its most recent quarter. The increase represents an 11% improvement over 2006's third quarter. Nine-month revenue rose to $16 million, which was an 11.

Vancouver's Radiant Communications Corp. (TSX-V:RCN) enjoyed record revenue of $5.5 million in its most recent quarter. The increase represents an 11% improvement over 2006's third quarter.

Nine-month revenue rose to $16 million, which was an 11.3% increase over the comparable period in 2006.

With more than 85% of its recurring revenue in Canadian dollars, Radiant has been well protected from the loonie's recent appreciation.

Radiant's share price range during the past week: between $1.15 and $1.21; 52-week high: $1.40; 52-week low: $0.70.