May 28 (Reuters) - Covalon Technologies Ltd COV.V :
* COVALON ANNOUNCES MAJOR CORPORATE INITIATIVES AND SECOND
QUARTER
RESULTS
* COVALON TECHNOLOGIES - ESTABLISHED SPECIAL COMMITTEE OF
BOARD OF
DIRECTORS TO EVALUATE POTENTIAL ACQUISITIONS, STRATEGIC
ALLIANCES, AND PARTNERSHIPS
* TO CONSIDER POTENTIAL FOR BUY-BACK OF SHARES AT
APPROPRIATE TIME
* QTRLY REVENUE OF $5.7 MILLION AND QTRLY NET LOSS OF
$479,082
Source text for Eikon: ID:nBw8vzYg9a
Further company coverage: COV.V
((Reuters.Briefs@thomsonreuters.com;))