Mobility Electronics, Inc. reported financial results for the first quarter ended March 31, 2003. Revenue was approximately $12.0 million in the first quarter of 2003, an increase of 73% over revenue of $6.9 million in the first quarter of 2002, and an increase of 16% over revenue of $10.3 million in the fourth quarter of 2002. Net loss for the first quarter of 2003 was $1.1 million, compared with a net loss of $2.3 million, before the cumulative effect of a change in accounting principle, in the same period of the prior year. The net loss in the first quarter of 2002 was adjusted retroactively to include a non-cash transition charge in the amount of $5.6 million pursuant to the adoption of Statement of Financial Accounting Standards No. 142, “Goodwill and Other Intangible Assets.” Net loss per diluted share was ($0.07) for the first quarter of 2003, compared with net loss per diluted share of ($0.15) for the first quarter of 2002, also before the cumulative effect of a change in accounting principle. =20