OmniSky Corporation reported operating results for its second quarter ended June 30, 2001. Revenue for the second quarter was $5.4 million, an increase of 590% from the $0.8 million reported for the second quarter of 2000. Revenue for the six months ended June 30, 2001 was $10.9 million, with service revenue comprising 74% of the total. EBITDA for the second quarter, as adjusted for $8.3 million of non-cash charges including a $6.1 million inventory write-down, was ($17.9) million, a 30% improvement from comparable EBITDA of ($25.5) million in the first quarter. Both adjusted and unadjusted EBITDA for the second quarter were significantly better than the previous guidance of an EBITDA loss of $31 to $33 million, reflecting significant operating improvements and cost reductions effected during the quarter.