Toronto-based NBS Technologies Inc. reported Friday that sales for the third fiscal quarter ending June 30, were $23.3 million, compared to $27.2 million in the third quarter last year. Sales for the nine months ended June 30 declined 3% to $73.2 million from $75.5 million recorded in the same period a year ago. The decline primarily resulted from slower sales of card services and transaction systems, offset by an increase in the sale of card issuance systems. The decline in sales coupled with an increase in operating expenses led to a net loss, after discontinued operations, for the third quarter and nine month period ended June 30 of $756,000 and $601,000, respectively. During the quarter, NBS introduced a new high speed color printing module for the ‘Horizon’ card issuance system. The firm recently received an order from the Bank of Egypt who will be using this new feature to apply photographs of cardholders to ‘VISA’ credit cards. For more details on NBS latest quarterly earnings visit CardData ([www.carddata.com]).