American Bank Note Holographics, Inc. Reports Third Quarter 2007 Financial Results
American Bank Note Holographics, Inc (ABHH.OB), a leading company in the origination, production and marketing of holograms for security applications, announced financial results for the third quarter ended September 30, 2007. Sales in the third quarter of 2007 totaled $8.5 million, an increase of 29.4% from $6.6 million in the third quarter of 2006. American Bank's sales growth can be attributed to an increase of holographic product sales, in particular the recently introduced second generation HoloMag, HoloStripe, and HoloCard cards. Sales in the first nine months of 2007 decreased by the value of $1.2 million, or 4.9%, to $23.7 million…