Metalink Reports Second Quarter EPS of ($.02)

Metalink Ltd. MTLK, today announced its unaudited financial results for the second quarter of 2010 ended June 30, 2010. Financial Results Financial highlights for the second quarter of 2010: Revenues for the second quarter of 2010 were $0.2 million compared to $1.66 million for the second quarter of 2009; the revenues are only from our continuing operation, the legacy DSL sales. Net profit (loss) for the period from our continuing operation was $(0.06) million, or $(0.02) per share, compared to $(1.45) million, or $(0.60) per share, for the second quarter of 2009. Net profit (loss) for the period from discontinued operation was $0.1 million, or $0.04 per share, compared to net loss $(2.95) million, or $(1.22) per share, for the second quarter of 2009.