Losses Widen At SEDONA

KING OF PRUSSIA, Pa. - (08/17/05) – SEDONA Corp., maker of theIntarsia suite of online services, said losses for its secondquarter increased to $641,000, or a penny a share, and to $1.5million, or two cents a share for the first six months of the year.The company said revenues also declined to $229,000 for thequarter, from $407,000 for the same period last year, and to just$386,000 for the first six months, compared to $694,000 for thefirst half last year. Separately, SEDONA said it obtained clearancefrom a federal court to pursue a civil suit against several partiesinvolved the manipulation of its stock price. Several individualswere cited by the Securities and Exchange Commission in a 2003 suitfor manipulating SEDONA shares, requiring several of those cited topay civil penalties to the SEC.