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Red Chip Highlights: Ethos Environmental, Inc. (ETEV.OB) Profits Up 45.93 Percent to $1.01 Million

Ethos Environmental, Inc. (ETEV.OB), reported financial results for its first quarter 2007.The Company reported net income for the first quarter 2007 at $1.01 million compared to net income of $698,033 for the same quarter in 2006, representing a 45.93 percent increase.

Net income per Common Share for the first quarter 2007 was $0.04 per share versus $0.62 per share for the same quarter in 2006 due to the effects of a merger in November 2006.

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