Jochen Witte, Versant Corporation's CEO, stated, "While we would have liked a stronger quarter, our overall revenues were relatively stable compared to revenues of $3.5 million in the preceding quarter and we are also pleased to announce China Telecom as our first customer in the People's Republic of China. Despite our increased spending levels in sales and marketing in order to better position the Company for future growth, Versant achieved another profitable quarter from its operations, its 20 th sequential quarter of such uninterrupted profitability."About Versant Corporation
Versant Announces Quarterly Net Income Of $0.1 Million
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