Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s May 2nd, 2011, and we’ve found 1 great press release to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.

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Lyrtech announces its 2010 year-end results?$1.3 M EBITDA

Lyrtech Inc. (TSXV: LTK),

a leader in digital signal processing technologies, announced today its financial results for the year ended December 31, 2010.

2010 highlights

• Revenues of $8.6 million
• EBlTDA of $1.3 million
• Backlog of $30 million

"Our industry experienced a significant recovery in 2010 that translated into high-margin development contracts for the Company. Many of thèse hâve associated production contracts. Our digital signal processing development platforms were also in strong demand, especially by Asian customers (China, India, Japan). The combination of the strong demand in our three business verticals and our efforts to streamline our activities has helped us turn around our opérations. We can therefore proudly report an EBITDA of $1.3 million," stated Louis Bélanger, président and CEO of Lyrtech.

During 2010, total revenues reached $8.6 M, compared to $7.2 M over the same period in 2009, representing a significant increase of 19 %. This growth is the result of an improvement in economic activity in our targeted markets in 2010 as well as strong sales in Asia.

About Lyrtech

Lyrtech, a proud member of the Texas Instruments Design House Network, develops and manufactures advanced digital signal processing solutions for companies worldwide, a vital technology to network and wireless communications, audio and video processing, as well as electronic systems in all fields of technology. Lyrtech offers a full range of DSP-FPGA development platforms, as well as design, prototyping, and manufacturing of electronic products. Lyrtech works in partnership with industry leaders such as Texas Instruments, The MathWorks, and Xilinx. Lyrtech's customers include many prestigious names of the consumer electronics, telecommunications, aerospace, and defense fields.

Last: 0.15 Range: 0.25-0.035 Market Cap: 3.7 million

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