Otcbb ZAGG Thread

[SmallCapPicks]

Everything is looking good for a run. Stable volume and Q1 financials soon.

[SmallCapPicks]

ZAGG Inc. Announces Nearly Four-Fold Increase in First Quarter Sales
Thu May 15, 6:03 AM
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SALT LAKE CITY--(BUSINESS WIRE)--ZAGG Inc. (OTCBB: ZAGG.OB), the world’s first provider of a unique protective film covering under the brand name invisibleSHIELD, today announced positive results for the first quarter of 2008.

“In the first quarter of 2008 we have broken all our existing sales records, and we are very excited about the significant improvement compared to 2007. This is the result of hard work from our team as well as the improving traction of the invisibleSHIELD and ZAGG in the marketplace,” said Robert G. Pedersen II, President and CEO of ZAGG Inc. “Our website sales growth has continued, and we are backed by our fast-growing cart division, expanding international sales and various store-front sales, that have all contributed to make this quarter a big success.”

“We have been striving for the last three years to build the invisibleSHIELD brand, and this last period’s success exemplifies how we have been able to begin our breakout and establish a national brand for electronic protection,” said Pedersen. “We are also bringing new retail entities and a yet-to-be-announced branding campaign that should establish how ZAGG will continue being a significant force in the gadget arena that we have created.”

Other significant recent events that will be discussed during the investor conference call include:

Significant progress has been made with the Brighton Partners branding opportunity. ZAGG leadership is not able to disclose all of the details at this time, but it will be very beneficial to the ZAGG and invisibleSHIELD brand awareness.
ZAGG is pleased to welcome Larry Harmer – a significant, well-connected new member to its Board of Directors
Entry into Wal-Mart (NYSE: WMT)
Expansion of ZAGG Europe, including a major agreement with Carphone Warehouse (LSE: CPW.L)
These events will be discussed in further detail during the investor conference call scheduled for Thursday, May 15, 2008 at 1:00 PM EDT. Executives will be available to answer questions, and information will be presented regarding the results as reported in Form 10-Q for the three months ended March 31, 2008. To participate in the call please dial 877-407-9210 (201-689-8049 for international callers). Interested parties may also listen via the Internet at: www.investorcalendar.com and on the Company website at: ZAGG | invisibleSHIELD | iPod Cases, Screen Protectors, Covers, Shields, Skins, Invisible Shield The call will be available for replay for 30 days by dialing 877-660-6853 (201-612-7415 for international callers) and entering account number 286 and call ID number 285553.

Financial Results

Net sales for the first quarter of 2008 were $2,845,362, an increase of 358.9% compared to $792,849 in net sales in the first quarter of 2007 and an increase of 35% compared to $2,101,151 in net sales in the fourth quarter of 2007.

Gross profit for the first quarter 2008 was $2,067,620, or 72.7% of sales, compared to $605,690, or 76.4% of sales, in the first quarter of 2007. We reported a net loss of ($114,171) or ($0.01) per share in the first quarter of 2008 compared to a net less of ($267,854) or ($0.02) per share in the first quarter of 2007.

About ZAGG Inc:

ZAGG Inc designs, manufactures, and distributes protective coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG’s flagship brand, the invisibleSHIELD, is a protective, high-tech film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices, and other items. The patent-pending invisibleSHIELD is the first scratch protection solution of its kind on the market. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries. For more information please visit the company’s web sites at ZAGG | invisibleSHIELD | iPod Cases, Screen Protectors, Covers, Shields, Skins, Invisible Shield and ZAGG | invisibleSHIELD | iPod Cases, Screen Protectors, Covers, Shields, Skins, Invisible Shield.

Safe Harbor Statement

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in filings made by the company with the Securities and Exchange Commission.

[Chaz.Winfield]

stock looks ood. starting to hold back a bit. company has some really interesting videos on you tube and onthestreet.com

[Chaz.Winfield]

zagg's product is going to be available in BEST BUY stores nationwide! great news for the company, interested to see what kind of feedback the market will give it. GLTA.

[Chaz.Winfield]

great volume off the open!!!!! trying to make a run. excited to see where this goes today! GLTA!

[Chaz.Winfield]

excuse me zagg . . . can u hit 0.70 GLTA! great volume today.

[Chaz.Winfield]

great push today!!!!! almost at 0.70. i want to predict a 15-20 percent return off today's news! any other ideas?

[Chaz.Winfield]

gooooo zagg! 82,000 in dollar volume today. picking up momentum.

[Chaz.Winfield]

strong day!!!!!!!! solid volume and great push.

[SmallCapPicks]

WOW WAT a day off news. break through the .69s and .75 here we come

[Chaz.Winfield]

solid open. excited to see the activity again today from yesterday's news! GLTA!

[Chaz.Winfield]

zagg's been having some huge volume days. getting ready to breakout? any opinions?