RICHARDSON, TX – TXP Corp. reported fourth-quarter rose to $3.1 million, up from $897,000 year-over-year. The EMS provider’s net loss rose to $1.8 million compared to net loss of $573,000 last year. The operating loss narrowed to $232,000, from $502,000. For the year, total revenue was $8.2 million, compared with $9.4 million for 2005. Revenue for 2005 included $5.2 million related to a one-time project with a single customer. The operating loss rose to $1.3 million, from $170,000 in 2005. The net loss was $4.6 million, versus a loss of $595,000. On March 30, TXP completed a private placement with Cornell Capital Partners worth about $5 million gross. The proceeds will be used to accelerate the company's ONT business strategy.