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VALLEY BUSINESS | REGIONAL ROUNDUP

Tekelec Reports Soaring Net Income for Quarter

October 24, 2000

Tekelec, Calabasas, reported net income of $6.2 million for the third quarter ended Sept. 30, compared to net income of $920,000 for the same period last year. Revenue rose 29% to $83.8 million from $64.7 million.

Tekelec develops technology for the mobile telecommunications industry.

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