About Socket

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Corporate Overview

With more than 15 years experience in the Automatic Identification and Data Capture market, Socket Mobile makes mobile computing and productivity work. The Company offers a family of handheld computers and an extensive portfolio of AIDC data collection peripherals designed specifically for business mobility deployments and to enable productivity increases and drive operational efficiencies in healthcare, hospitality and other vertical markets. The company also offers OEM solutions. Socket is headquartered in Newark, Calif. and can be reached at 510-933-3000 or www.socketmobile.com.

Socket Family of Products

The Socket SoMo Handheld Computer – The Socket SoMo handheld computer delivers industrial grade performance in a durable business mobile sized package, making essential Business Mobility solutions possible and affordable. The Socket mobile business computer addresses the underserved market segment that exists between the consumer and industrial mobile PDAs currently on the market. The Socket SoMo, combined with Socket peripherals, provides a Business Mobility system for essential business solutions that include healthcare, automotive, hospitality, life sciences, retail, government/education and transportation/logistics. Runs Windows Mobile 6, choice of multiple languages and anti-microbial case available.

Data Collection – Socket Data Collection products include linear and 2D bar code scanning and RFID solutions that plug into or connect wirelessly to a wide range of mobile devices and convert mobile devices into portable bar code scanners, magnetic stripe or RFID readers that can be used in various retail and other business workplaces.

Connectivity – Socket network connection devices can be plugged into standard expansion slots in handheld computers and connect mobile devices over wireless and wired connections. These products allow users to connect their devices to the Internet via mobile phone services or to private networks, to communicate with other electronic devices, such as desktop computers and printers, or to connect to modems via phones.

Embedded (OEM) products and services – Socket focuses on embedding Bluetooth and Wireless LAN modules into third party mobile devices. These Socket modules include Socket’s extensive software suites and tools enabling computer device manufacturers to build in wireless connection functions.

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Socket Mobile Company Data (Nasdaq: SCKT)

Financial Information (as of April 28, 2010)		Company Information
Fiscal Year End	December 31	Headquarters	Newark, CA
Last 12 Months Revenue	$12.2M	Founded	1992
Last 12 Months EPS	($0.84)	Number of Employees	70
Working Capital	$0.6M
Total assets	$12.6M	Stock Information (As of July 24, 2009)
Cash	$2.0M	Last Trade	$3.10
Tangible Net Worth	($0.2M)	52-Week Price Range	$1.80 - $5.44
Total Equity	$4.5M	Shares Outstanding	3.8M
Long Term Debt (excl. def revenue)	$0.1M	Market Capitalization	$11.8M
		Avg. Daily Volume (3 mos.)	18,751

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Recent Events

• April – Socket signs two-year agreement with Epocal, Inc., a leading provider of point-of-care blood diagnostic products, to supply a unique version of its SoMo® 650 handheld computer as an integral component of Epocal’s Blood Analysis System. The agreement is targeted to generate $3 million over the initial 2-year contract period.

• April – Socket introduces Apple iPad™ compatibility for its Bluetooth® Cordless Hand Scanner™ (CHS) 7X and its antimicrobial equivalent, the CHS 7XRx.

• April – Socket partners with GAO to provide low frequency RFID option for its SoMo handheld computers.

• March – Socket and 3M collaborate to provide an Inventory Tracking System solution comprised of 3M software, 3M RFID or barcode tags, and Socket hardware including its SoMo handheld computer and dual function CompactFlash RFID Reader-Scan Card™ 6P.

• March – Socket introduces new WLAN SDIO cards with broad OS support, expanding operating systems compatibility.

• January – Socket releases its newest two-dimensional (2D) barcode scanners – the Socket Bluetooth Cordless Hand Scanner (CHS) 7X and it’s antimicrobial version, the CHS 7XRx.

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Summary Consolidated Statements of Operations (Unaudited) (amounts in thousands, except per share data)
	Three Months Ended Mar 31,			Year Ended December 31,
	2010	2009		2009	2008
Revenue	$3,807	$4,772		$17,127	$26,557
Gross margin	$1,605	$2,225		$7,374	$12,390
Gross profit percent	42%	47%		43%	47%
Net (loss)	($1,039)	(712)		$(2,764)	$(2,765)
Net (loss) per share:  Basic and Diluted	($0.27)	$(0.22)		$(0.78)	$(.86)
Weighted avg. number of shares outstanding: Basic	3,789	3,230		3,219	3,193
Diluted	3,789	3,230		3,219	3,193

Senior Management

Kevin Mills, President and Chief Executive Officer
David Dunlap, Chief Financial Officer
Micheal Gifford, Executive Vice President


Investor Contacts
David Dunlap
Chief Financial Officer
(510) 933-3035

MKR Group, Inc.
Todd Kehrli or Jim Byers
Investor Relations
(323) 468-2300