Wow, $5 mil thru 3 Q, an embedded solution, IP targets given
posted on
Dec 20, 2007 05:27AM
Blakeley delivers on current quarter as well as setting the stage for the next round.
Previously they touted delivering $5 million over the past 12 months. Now they hit that target in this fiscal year through Q3.
The embedded solution gives EDIG an entirely new market to pursue. Consider the size of the embedded orders we have seen take place that until now were not part of EDIG's business model. A completely new verticle.
And now the IP team shares the size of pie they are about to challenge. The monetization process appears ready to accelerate.
"To date, we have identified annual U.S. revenues of more than $20 billion from what we believe are infringing products from such companies. "
This is a much better report than I think most expected. Between the growing eVU revenue base, the NEW potential of an embedded market, anticipated monetization and "being on track to report record revenues for its fiscal year ending March 31", things again look to be vastly improving.