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Simulation Sciences Inc.: The Brea supplier of...

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Simulation Sciences Inc.: The Brea supplier of software and services to the process industries reported a net loss of $3.7 million, or 35 cents a share, for the first quarter, which included a $5.2-million one-time charge for research and development costs related to the acquisition of Visual Solutions Inc. For the like period last year, net income of $267,000, or 3 cents a share, was recorded. Revenue was up 36% to $13.6 million from $10 million.

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