Megatech Corporation (MGTC.PK)

Megatech Corporation engages in the production and sale of educational training programs worldwide. It provides instructional programs and training equipment for the transportation industry; automotive programs based on gas and diesel engines to schools; and truck diesel trainers to training centers, the U.S. military, and the Middle East. In addition, Megatech offers programs for marine diesel, auto gasoline, and various hydraulic trainers for transportation technology programs. The company is based in Tewksbury, Massachusetts.

For the six months ended 6/30/04, sales fell 72% to $620 thousand. Net loss totalled $160 thousand vs. an income of $186 thousand. Results reflect a decrease in international sales and a lower operating margin.