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Message: Putting Atul`s latest statements together...

Putting Atul`s latest statements together...

posted on Jul 01, 2005 08:39PM
1) (the Company’s fiscal 2005) totaled $4.25 million, a 24% increase over fiscal 2004 revenues of $3.42 million

2) Anandpura continued, “While we look forward to increasing our business with APS/Wencor through ongoing sales and support of standard and enhanced versions of the digEplayer™,...

3) “Based on current customer relationships and business opportunities, in fiscal 2006, we expect increased annual revenues and business over fiscal 2005, most of which we expect will be derived from sales of secure versions of our DVAP to branding customers for closed system video products.”

4) ``We have also recently developed proprietary networking technology for supporting content downloading to multiple devices. Intended for the rapidly growing network storage device market, the first extension of this technology is being offered for evaluation to interested branding entities.”

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EDIG`s business in fiscal `05 was primarily via APS/WENCOR and Atul is looking at increasing that business front. Considering EDIG did $4.2 million can we expect more than $4.2 million from IFE alone?

Regarding statement #3, EDIG expects increased revenues over `05 with MOST of it coming from the DVAP market opportunities. IF we can expect IFE to expand on its own from last year and then the DVAP market to become the lion`s share of overall revenues, then can we expect the DVAP market to ourperform that $4.2 million target?

If that conclusion follows, fiscal `06 could approach $10 million based on these preliminary assumptions...or more depending on the deals struck.

Atul has been very tight lipped regarding EDIG`s business partners beyond IFE, yet he has constantly reference the opportunities ``BEYOND IFE``.

We should have some red meat prior to August 4th.

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