LYRTECH, $5 Mio. new contracts - 500 Beiträge pro Seite
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LYRTECH
Wkn: A0CAKE
Kanada/Berlin
Kanada Kürzel: LYT
Lyrtech kam heute mit News die vom Markt gut aufgenommen wurden. Liegt mit Sicherheit auch an der niedrigen Market-Cap. Ich werd den Titel zumindest mal beobachten. Mal sehen wie der Handel weitergeht, aktuell sehr viel Volumen und schön im Plus.
Lyrtech awarded USD $5 million in new contracts
5/7/2007
QUEBEC CITY, May 7, 2007 (Canada NewsWire via COMTEX News Network) --
Lyrtech Inc. (TSX Venture Exchange: LYT), a worldwide leader in digital signal processing (DSP) technologies, announced today that it has been awarded contracts valued at USD $5 million during the first quarter of 2007 of which USD $2.7 million are for development platforms and turnkey engineering services.
The work is to be completed in Quebec City and Montreal over the next twelve months. The success in developing the GSM Cell Blocking Basestation Prototype for Cell Block Technologies had a direct impact on the ability of Lyrtech to obtain this new business. The new orders call on the extensive intellectual property of cellular communications algorithms developed by Lyrtech\'s engineers.
Lyrtech was also instrumental in the development of the Xilinx Spartan-3A DSP FPGA Development Platform. Designed around the new Xilinx Spartan-3A FPGA, the platform will further enhance Lyrtech\'s position in wireless, video and several markets.
\"These contracts are attributable to our strong business ties with Texas Instruments and Xilinx and represent a major milestone in our strategy of growing our Original Design Manufacturer (ODM) business,\" stated Miguel Caron President and CEO of Lyrtech. \"Our Company has demonstrated a high level of technical expertise, providing a much improved solution for our customers. As expected, this is leading to new order activity.\"
David Derosier, CEO and Founder of Cell Block Technologies Inc., said, \"The ability to utilize Lyrtech\'s GSM reference design platform has accelerated the Cell-Block-R product development efforts significantly translating into a greatly improved time-to-market. Working with Lyrtech in the development process provided many more advanced Software Defined Radio features that would not have been included if we had developed the platform in-house. Therefore, this collaboration has added significant value to the product at a small incremental cost.\"
About Lyrtech
Lyrtech develops and manufactures advanced digital signal processing solutions for companies worldwide, a vital technology to network and wireless communications, audio and video processing, as well as electronic systems in all fields of technology. Lyrtech offers a full range of DSP-FPGA development platforms, as well as design, prototyping, and manufacturing of electronic products through its Innovator division.
Lyrtech works in partnership with industry leaders such as Texas Instruments, The MathWorks, and Xilinx. Lyrtech\'s customers include many prestigious names of the consumer electronics, telecommunications, aerospace, and defense fields such as BAE Systems, Defence Research and Development Canada (DRDC), the European Aerospace Defence and Space Company (EADS), Fujitsu, Harris, ITT, Motorola, Neural Audio, NTT DoCoMo, and Samsung-Thales. For more information please visit www.lyrtech.com.
About Cell Block Technologies Inc.
Cell Block Technologies Inc. was established to design, manufacture and market proprietary communications controllers to control unwanted cellular communications in restricted areas. The proprietary Cell-Block-R technology allows customers to enforce existing cellular-prohibited policies in restricted areas. The only method of enforcement today is jamming, which is invasive and may include health hazards. Cell-Block-R products, which will be available in limited areas next year, eliminate the negatives associated with traditional cell phone jammers. The company has offices in Houston TX, Boston MA, and Ottawa Ontario. www.Cell-Block-R.com
FORWARD LOOKING STATEMENTS
Certain statements made in this press release regarding Lyrtech\'s future operations, expected financial position, future revenues, projected costs, prospects, plans and objectives are forward-looking statements. These forward-looking statements, by their nature, necessarily involve risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements. Lyrtech considers the assumptions on which these forward-looking statements are based to be reasonable at the time they were prepared, but cautions that these assumptions regarding future events, many of which are beyond Lyrtech\'s control, may ultimately prove to be incorrect. Factors and risks which could cause actual results to differ materially from current expectations are discussed in Lyrtech\'s annual report for the year ended December 31, 2006. Lyrtech disclaims any intention or obligation to update or revise any forward-looking statements. For additional information on risks and uncertainties relating to these forward-looking statements, investors should consult Lyrtech\'s ongoing filings, including its most recent annual report, found on SEDAR at www.sedar.com
The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy and accuracy of this release.
SOURCE: LYRTECH INC.
Aktien können steigen oder fallen. Das ist keine Kauf oder Verkaufsempfehlung. Bitte alle Angaben selber überprüfen.
Wkn: A0CAKE
Kanada/Berlin
Kanada Kürzel: LYT
Lyrtech kam heute mit News die vom Markt gut aufgenommen wurden. Liegt mit Sicherheit auch an der niedrigen Market-Cap. Ich werd den Titel zumindest mal beobachten. Mal sehen wie der Handel weitergeht, aktuell sehr viel Volumen und schön im Plus.
Lyrtech awarded USD $5 million in new contracts
5/7/2007
QUEBEC CITY, May 7, 2007 (Canada NewsWire via COMTEX News Network) --
Lyrtech Inc. (TSX Venture Exchange: LYT), a worldwide leader in digital signal processing (DSP) technologies, announced today that it has been awarded contracts valued at USD $5 million during the first quarter of 2007 of which USD $2.7 million are for development platforms and turnkey engineering services.
The work is to be completed in Quebec City and Montreal over the next twelve months. The success in developing the GSM Cell Blocking Basestation Prototype for Cell Block Technologies had a direct impact on the ability of Lyrtech to obtain this new business. The new orders call on the extensive intellectual property of cellular communications algorithms developed by Lyrtech\'s engineers.
Lyrtech was also instrumental in the development of the Xilinx Spartan-3A DSP FPGA Development Platform. Designed around the new Xilinx Spartan-3A FPGA, the platform will further enhance Lyrtech\'s position in wireless, video and several markets.
\"These contracts are attributable to our strong business ties with Texas Instruments and Xilinx and represent a major milestone in our strategy of growing our Original Design Manufacturer (ODM) business,\" stated Miguel Caron President and CEO of Lyrtech. \"Our Company has demonstrated a high level of technical expertise, providing a much improved solution for our customers. As expected, this is leading to new order activity.\"
David Derosier, CEO and Founder of Cell Block Technologies Inc., said, \"The ability to utilize Lyrtech\'s GSM reference design platform has accelerated the Cell-Block-R product development efforts significantly translating into a greatly improved time-to-market. Working with Lyrtech in the development process provided many more advanced Software Defined Radio features that would not have been included if we had developed the platform in-house. Therefore, this collaboration has added significant value to the product at a small incremental cost.\"
About Lyrtech
Lyrtech develops and manufactures advanced digital signal processing solutions for companies worldwide, a vital technology to network and wireless communications, audio and video processing, as well as electronic systems in all fields of technology. Lyrtech offers a full range of DSP-FPGA development platforms, as well as design, prototyping, and manufacturing of electronic products through its Innovator division.
Lyrtech works in partnership with industry leaders such as Texas Instruments, The MathWorks, and Xilinx. Lyrtech\'s customers include many prestigious names of the consumer electronics, telecommunications, aerospace, and defense fields such as BAE Systems, Defence Research and Development Canada (DRDC), the European Aerospace Defence and Space Company (EADS), Fujitsu, Harris, ITT, Motorola, Neural Audio, NTT DoCoMo, and Samsung-Thales. For more information please visit www.lyrtech.com.
About Cell Block Technologies Inc.
Cell Block Technologies Inc. was established to design, manufacture and market proprietary communications controllers to control unwanted cellular communications in restricted areas. The proprietary Cell-Block-R technology allows customers to enforce existing cellular-prohibited policies in restricted areas. The only method of enforcement today is jamming, which is invasive and may include health hazards. Cell-Block-R products, which will be available in limited areas next year, eliminate the negatives associated with traditional cell phone jammers. The company has offices in Houston TX, Boston MA, and Ottawa Ontario. www.Cell-Block-R.com
FORWARD LOOKING STATEMENTS
Certain statements made in this press release regarding Lyrtech\'s future operations, expected financial position, future revenues, projected costs, prospects, plans and objectives are forward-looking statements. These forward-looking statements, by their nature, necessarily involve risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements. Lyrtech considers the assumptions on which these forward-looking statements are based to be reasonable at the time they were prepared, but cautions that these assumptions regarding future events, many of which are beyond Lyrtech\'s control, may ultimately prove to be incorrect. Factors and risks which could cause actual results to differ materially from current expectations are discussed in Lyrtech\'s annual report for the year ended December 31, 2006. Lyrtech disclaims any intention or obligation to update or revise any forward-looking statements. For additional information on risks and uncertainties relating to these forward-looking statements, investors should consult Lyrtech\'s ongoing filings, including its most recent annual report, found on SEDAR at www.sedar.com
The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy and accuracy of this release.
SOURCE: LYRTECH INC.
Aktien können steigen oder fallen. Das ist keine Kauf oder Verkaufsempfehlung. Bitte alle Angaben selber überprüfen.
Antwort auf Beitrag Nr.: 29.189.911 von SharpRatio am 07.05.07 16:17:17
Antwort auf Beitrag Nr.: 29.189.911 von SharpRatio am 07.05.07 16:17:17Ich warte noch etwas ab und keinem Fake aufzusitzen. Gg. 19 Uhr entscheide ich dann..... Mal sehen.
+ 33%, Geld 0,115, Brief 0,12, 2 070 752 gehandelt. Trotzdem erstmal abwarten.
Bei den ask kauft keine alte sau. Trading Spotlight
Antwort auf Beitrag Nr.: 29.190.422 von Mick1968 am 07.05.07 16:39:08So langsam.... Der Handel ist sehr beständig, als keine Berg und Talfahrt. Eine Stunde warte ich noch. Welches Ask?
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