Comtex News Network, Inc. Selected Financial Data (unaudited) (amounts in thousands, except per share amounts)
	Three Months Ended			Six Months Ended
	December 31			December 31
	2004	2003		2004	2003
Revenues	$ 2,086	$ 2,014		$ 4,073	$ 4,187
Operating Income (Loss)	159	(708)		291	(936)
Net Income (Loss)	$ 119	$ (1,035)		$ 216	$ (1,287)
Net Earnings (Loss) Per Share
Basic	$ 0.01	$ (0.08)		$ 0.02	$ (0.10)
Diluted	$ 0.01	$ (0.08)		$ 0.01	$ (0.10)
Weighted Avg. # Shares:
Basic	13,600	13,583		13,599	13,545
Diluted	14,645	13,583		14,645	13,545
Reconciliation to EBITDA:
Net (Loss) Income	$ 119	$ (1,035)		$ 216	$ (1,287)
Stock-based compensation	-		24	-		52
Depreciation & Amortization	178		230	357		483
Interest/Other Expense	40		327	75		350
Income Taxes	-		-	-		-
EBITDA	$ 337		$ (454)	$ 648		$ (402)

Please Note: EBITDA is not a term defined by generally accepted accounting principles, and as a result, our measure of EBITDA might not be comparable to similarly titled measures used by other companies. However, we believe that EBITDA is relevant and useful information, which is often reported and widely used by analysts, investors and other interested parties in our industry. Accordingly, we are disclosing this information to permit a more comprehensive analysis of our operating performance.

Also note, except for the historical information contained herein, this press release contains forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, that involve a number of risks and uncertainties. These forward-looking statements may be identified by reference to a future period by use of forward-looking terminology such as “anticipate,” “expect,” “could,” “intend,” “may” and other words of a similar nature. These statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein, including the occurrence of unanticipated events or circumstances relating to the fact that Comtex is in a highly competitive industry subject to rapid technological, product and price changes. Other factors include the possibility that demand for the Company's products may not occur or continue at sufficient levels, changing global economic and competitive conditions, technological risks and other risks and uncertainties, including those detailed in the Company's filings with the Securities and Exchange Commission. Comtex undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.