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AV tech co. posts 1Q loss

ThinkEngine Networks Inc. of Marlboro reported a first quarter 2007 net loss of $1.5 million compared to a net loss of $700,000 during the same quarter a year ago.

First quarter revenue was $2.1 million compared to $3.5 million during the same period the previous year.

The communications technology company added five new customers during the first quarter, and expects to add new customers throughout the year, he said.

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