nStor Technologies a supplier of enterprise-class computer storage solutions, today announced results for the first quarter ended March 31, 2001.

Net loss available to common stock for the 2001 first quarter was $3.6 million, or $0.10 per share, on revenues of $6.2 million, compared with net income of $2.4 million, or $0.06 per dilutive share, on revenues of $12.5 million reported for 2000's first quarter. The 2000 first quarter results include a one time $5.6 million gain on the sale of certain assets.