Technology Marketing Reports $179,000 Loss

Blaming the ongoing computer industry slump, Technology Marketing Inc. said it lost $179,000 in its fiscal first quarter, compared with a net gain of $1,438 for the same period a year ago.

The Irvine company reported revenue for the quarter ended May 31 of $1.4 million, down 25% from the year-ago figure of $1.9 million. Technology Marketing designs and develops diversified high technology products for other companies.