TigerLogic revenue up for Q2 2013

TigerLogic Corp. (NASDAQ: TIGR) reported its revenue increased USD0.6m to USD3.8m for the second quarter ended September 30, 2013, as compared to prior fiscal year second quarter net revenue of USD3.2m, primarily due to higher revenue from social and mobile platform.

Net loss was USD1.2m and USD0.5m for the second quarters ended September 30, 2013 and September 30, 2012, respectively. Net loss per share was USD0.04 and USD0.02 for the quarters ended September 30, 2013 and September 30, 2012, respectively. Cash balance was USD4.9m at September 30, 2013, as compared to USD7.6m at September 30, 2012.

TigerLogic is a global provider of application development solutions for enterprises that need to launch easy and cost-effective e-business initiatives. TigerLogic´s offerings include cross-platform and mobile solutions for rapid application development, social media content aggregation, as well as search enhancement. More information about TigerLogic and its products can be found at http://www.tigerlogic.com.

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