SANTA CLARA, CA, March 18 /PRNewswire-FirstCall/ - Xten Networks, Inc. (OTCBB: XNWK - News), a provider of award-winning VoIP (Voice over Internet Protocol), Video over IP, Instant Messaging (IM), and Presence SIP softphones, today reported financial results for the third quarter ended January 31, 2005. Total revenue for the quarter climbed to a record $928,608, compared to $677,364 for the quarter ended October 31, 2004, an increase of 37% quarter-over-quarter. This compared to $10,874 in the year-earlier period ended January 31, 2004. Net loss for the quarter was $88,827, or ($0.00) per diluted share, compared to a net loss of $198,275, or ($0.01) per diluted share, in the previous quarter. This compared to $102,500, or ($0.02) per diluted share, in the year-earlier period. The diluted weighted average common shares outstanding for the three months ended January 31, 2005 were 37,638,462 shares compared to 6,226,484 shares in the year-earlier period. For the first nine months of fiscal 2005, total revenue climbed to $2,093,123, compared to $345,873 (+505%) in the corresponding period in fiscal 2004. Net loss for the first nine months of fiscal 2005 was $478,235, or ($0.01) per diluted share, compared to a net loss of $143,961, or ($0.03) per diluted share, in the corresponding period in fiscal 2004. Software sales for the quarter totaled $838,163 compared to $653,618 for the quarter ended October 31, 2004, a 28% increase quarter-over-quarter. This compared to $6,820 in the year-earlier period ended January 31, 2004. For the nine-month period, software sales were $1,958,432 compared to $228,281 in the year-earlier period. more..

Light Reading reported that AT&T were seen demonstrating service at VON using Xten's Softphones. Excerpt... Other alliances were brought to light in the exhibit hall. Light Reading learned that AT&T is using Xten Networks Inc. SIP softphones; the (AT&T-branded) softphones appeared briefly at the AT&T booth, but were quickly removed after their cover was blown. more...

Costa Rica's state-owned telecommunications monopoly is lobbying to criminalise internet telephony. The Instituto Costarricense de Electricidad (ICE) is pushing for stringent controls over VoIP that at their most draconian could make internet telephony a crime, Costa Rican daily La Nación reports. According to the paper, 20 per cent of Costa Rica international calls are made using VoIP rather than over conventional phone circuits. ICE argues that VoIP ought to be treated as a substitute telephone service and regulated more tightly than data services. It reckons tough rules against "unlicensed operators", including criminal sanctions if necessary, are needed. more...