“In just a few months, we have made significant progress on porting our core technology to a lightweight, flexible embedded solution for individualized on-demand IFE entertainment,” continued Blakeley. “We believe that joint efforts with major airline and airframe companies will yield an embedded eVU system that will offer improved reliability, substantial product and weight/fuel cost savings, and other benefits that would facilitate fleet-wide orders.”

“Due to significant new and follow-on business opportunities and the associated travel involved, we are moving our shareholders meeting to next quarter,” added Blakeley.