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Message: RE: embedded system development-GoSilver

RE: embedded system development-GoSilver

posted on Apr 16, 2005 03:24PM
My info from last December was fairly consistent with their current time line.

At that time, he expected announcements of deals within the month but was clear that announcements of contracts would not be fulfilled at the earliest, late summer, but most likely winter.

Now they are projecting Q1 `06...not surprising that the date got pushed back as the realities of doing deals emerge.

I think we see this reality with just about every new product.

The good news is that for these deals to go into the production phase EDIG must, or should, get up front money/deposits.

This projects a growing business out into the next year starting with the first announcement of an embedded deal, all on top of a growing portable market.

With Icelandair the latest airline to jump onboard with the digEplayer, hopefully we will see a continued growth in revenues, which is not inconsistent with management`s last guidance.

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