CipherLAB today announced the first quarter consolidated revenue of NT$ 278.9 million, a 8% decrease compared to the same period of 2010, and net income of NT$31.9 million, a 13% decrease compared to the same period of 2010 and earnings per share of NT$ 0.47.

1. Gross margin was 48%, 18 percentage points lower than 1Q10. 
2. Operating expenses was 38%, 3 percentage points lower than 1Q10. 
3. Net profit margin was 11%,  13 percentage points lower than 1Q10.

4. Product Mix for 1Q2011 was 68%, 22% and 10% for Mobile computer, Hand-held scanner and others, respectively.

5. Regional sales contribution: Direct account: 16%, America: 19%, Asia-Pac: 23%, EMEA: 42%.