MDII

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[la-onda]

MDI Announces Continued Profitability
Monday , September 08, 2008 19:09ET

SAN ANTONIO, Sep 08, 2008 (BUSINESS WIRE) -- MDI, Inc. (NASDAQ: MDII), today announced strong August results and reaffirmed its positive outlook for the third quarter of 2008 and beyond. This marked MDI's second consecutive month of profitability and positive cash flow.

August sales were $1,827,487, an increase of approximately $307,000 over July 2008. August's new contributors to sales were our Staybridge Suites Hotel project and the new LearnSafe Direct catalog initiative. MDI Security Systems and FAS Construction Management sales remained strong and in line with expectations. Operating expenses declined to the lowest monthly level for the year.

Based on orders already received for shipment in September, the company anticipates that September sales will be greater than sales in August and that the company will continue to be profitable for September and the third quarter.