6/20/2006 2:40:39 PM
WALTHAM, Mass.--(BUSINESS WIRE)--June 19, 2006--Pace Medical, Inc. (Pink Sheets:PMDL - News) announced today its 2005 consolidated financial results for Pace Medical, Inc. and its subsidiary APC Medical Ltd. Sales increased 19 percent over prior year to $1,447,034, while gross profit improved to 56 percent of sales. Overall, financial results improved significantly over prior year results due to, improved sales performance and a reduction in Cost of Sales. See attached Statement of Operations.
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