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..,Breaking News for GRYW: Grayling Wireless Usa Inc (GRYW) part of $CA 70M profit contract - Most Active stock on 1st of April ***GRYW****GRYW****GRYW****GRYW****GRYW****GRYW***
Market Undervalued
ClearCalm will be distributed worldwide
to targeted commercial markets seeking enhanced, hands-free communications in a
variety of safety related applications. Examples of users of our product include
firefighters, hazardous material teams, industry emergency response teams and
military personnel.
A FEW REASONS TO OWN GRYW * The Company's patent-pending "ClearCalm" system encompasses a 3-module wireless communication system consisting of: (1) a "hands-free" miniature radio transmitter for use within a breathing apparatus, (2) a separate radio receiver to pick up and broadcast the user's voice, and (3) an interface module that adapts and interconnects the ClearCalm system into existing communications systems. The Company is targeting safety applications such as fire departments, military
and private industry applications in manufacturing, energy, forestry and mining.
This is an after-market product primarily targeting the industrial and firefighter
sectors in North America. The gross market size for existing, active SCBA use,
as derived from independent market research conducted on behalf of Grayling,
is in excess of 930,000 units in the industrial sector and more than 960,000
in the firefighter sector. The total North American market
opportunity in the target sectors approximates $CA 4 Billion.
The VW group is acknowledged as expert in the field of GPS and location-based services and their products and services have been highly endorsed by numerous international security agencies. VW is a privately owned company which has been in business since 1996 and has developed and commercialized several successful products. VW also operates a centralized call dispatch center for tracking/dispatching worldwide and has various software applications for the improvement of Global Positioning System (GPS) and online tracking technology. VW has been nominated over the years for various international telematics awards, and since its inception in 1996, VW has focused on delivering world-class customer service in Project Management, Information Technology and other Professional Services. Presently, VWG is finalizing terms with an African insurance company to install and monitor vehicle tracking devices on an initial implementation schedule that totals 9,600 units. It is the intent of the parties that these contractual arrangements will encompass an aggregate of 48,000 fleet and private vehicles over the next five years. The installed tracking units will be monitored and serviced by VWG under five-year contracts which, in the aggregate, represent approximate revenue of $CA 20,000,000 and approximate operating profit of $CA 14,000,000 (70%) with respect to the tracking units to be installed during the initial one-year term of the contract. Ultimately, the total potential roll-out of these units could generate approximate leasing, servicing and monitoring revenue of $CA 100,000,000 with approximate operating profit of $CA 70,000,000. PFK is a private investment firm that is part of a 90-year history of financing industry pioneers and innovators throughout Western Canada. The parties intend that GRYW, in addition to its minority equity interest, will enter into an agreement with VWG to provide sales, marketing, project management and financial administration services to VWG. To read the full press release please visit finance.yahoo.com
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