[R]10:00AM New York - American Reprographics Company revenue fell 12% and net income fell 61%. ATS Medical, Inc sales rose 27% and net loss was $8.5 million. Nordstrom, Inc sales fell 8.5% and net income fell 68%. [/R]

American Reprographics Company, which provides large-format document reproductions said fourth quarter revenues fell 12% to $154 million from $174.1 million a year ago. Net income in the quarter fell 61% to $6.5 million or 14 cents per diluted share compared to net income of $16.7 million or 37 cents per share a year ago.

Total revenues for the fiscal year 2008 rose 2% to $701 million from $688.4 million a year ago. Net income for the year fell 14.6% to $59 million or $1.30 per diluted share compared to net income of $69.1 million or $1.51 per share a year ago.

American Reprographics Company (ARP: chart) in the last one year traded as high as $19.80 in May 2008 and as low as $5.57 in February 2009. Based on the yesterday’s closing price of $5.57 the company has market cap of $254.40 million.

ATS Medical, Inc, medical device provider said fourth quarter sales rose 27% to $18.03 million from $14.22 million a year ago. Net loss in the quarter was $8.5 million or 13 cents per diluted share compared to net loss of $6.2 million or 10 cents per share a year ago.

Net sales for the fiscal year 2008 rose 32.7% to $65.8 million from $49.6 million a year ago. Net loss for the year was $19.3 million or 31 cents per diluted share compared to net loss of $23.0 million or 44 cents per share a year ago.

ATS Medical, Inc (ATSI: chart) in the last one year traded as high as $3.24 in September 2008 and as low as $1.41 in March 2008. Based on the yesterday’s closing price of $2.32 the company has market cap of $145.08 million.

iPass Inc, global provider of services that unify the management of enterprise mobility said fourth quarter revenues fell 6.3% to $46.4 million from $49.5 million a year ago. Net loss in the quarter was $86.7 million or $1.42 per diluted share compared to net loss of $30.4 million or 49 cents per share a year ago.

Revenues for the fiscal year 2008 fell 0.1% to $191.5 million from $191.7 million a year ago. Net loss for the year was $91.7 million or $1.50 per diluted share compared to net loss of $34.2 million or 54 cents per share a year ago.

iPass Inc (IPAS: chart) in the last one year traded as high as $3.39 in March 2008 and as low as $1.04 in February 2009. Based on the yesterday’s closing price of $1.04 the company has market cap of $64.84 million.

Nordstrom, Inc, the fashion specialty retailer said fourth quarter sales fell 8.5% to $2.3 billion from $2.5 billion a year ago. Net income in the quarter fell 68% to $68 million or 31 cents per diluted share compared to net income of $212 million or 92 cents per share a year ago.

Comparable same store sales decreased 12.5%.

Net sales for the fiscal year 2008 fell 6.3% to $8.3 billion from $8.8 billion a year ago. Net income for the year fell 44% to $401 million or $1.83 per diluted share compared to net income of $715 million or $2.88 per share a year ago.

In the fiscal year 2009 Nordstrom expects same store sales to decrease 10% to 15% and earnings per share in the range of $1.10 to $1.40.

Nordstrom, Inc (JWN: chart) in the last one year traded as high as $38.46 in February 2008 and as low as $7.81 in November 2008. Based on the yesterday’s closing price of $6.61 the company has market cap of $2.44 billion.

Pre-Paid Legal Services, Inc, designs, underwrites and markets legal expense plans said fourth quarter revenues fell 1% to $114.9 million from $116.1 million a year ago. Net income in the quarter rose 26% to $14.7 million or $1.27 per diluted share compared to net income of $11.7 million or 92 cents per share a year ago.

Revenues for the fiscal year 2008 fell rose 1.6% to $464.5 million from $457.1 million a year ago. Net income for the year rose 18% to $60.2 million or $5.04 per diluted share compared to net income of $51.2 million or $3.88 per share a year ago.

Pre-Paid Legal Services, Inc (PPD: chart) in the last one year traded as high as $48.95 in February 2008 and as low as $26.45 in February 2009. Based on the yesterday’s closing price of $29.52 the company has market cap of $342.92 million.