Early this week, ZAGG Inc. (OTCBB: ZAGG), a leading producer of mobile electronics accessories including the popular invisibleSHIELD™ and the award-winning ZAGG audio™ line, reported record-breaking results for the first quarter of 2009.

With revenues of almost $8.1 million dollars — a nearly 184% increase when compared to first quarter 2008 — ZAGG’s earnings per share were $0.05 for the first quarter 2009.

Robert G. Pedersen II, President and CEO of ZAGG, stated:

“Even during these challenging economic times, ZAGG continues to see unprecedented demand for its products. Much of our success can be attributed to the ability to execute on our business plan. We look forward to rolling out new products and services over the remainder of the year that will continue our rapid growth track for years to come.”

Gross profit for the first quarter of 2009 was $5,195,808, or 64.2% of sales, compared to $2,067,620, or 73.8% of sales, in the first quarter of 2008. ZAGG reported net income of $1,028,240 or $0.05 per share in the first quarter of 2008 compared to a net loss of ($114,171) or ($0.01) per share in the first quarter of 2008.

The invisibleSHIELD is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices, and other items. The patent-pending invisibleSHIELD application of clear protective film covering a device is the first scratch protection solution of its kind on the market, and has sold millions of units. As many consumers scale back on spending, a product that extends the life of an expensive electronics item is a smart bet.