July 15, 2009 (FinancialWire) — C-COM Satellite Systems Inc. (TSX Venture: CMI) said its second-quarter net income was $500,000 or 1.5 cents per share, an increase of 135% compared with the prior-year quarter. The company also said this is the 21st consecutive profitable quarter. Revenues for the latest quarter was $3.24 million, a 78% rise compared with the year-ago period, due mainly to sales of the iNetVu Mobile antenna systems into new vertical markets. C-COM Satellite Systems shares closed up $0.065 at $0.34 yesterday.

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