EMG, yes we can;-)great news, the time is now, yes we can;-)
more profits, more News in the pipeline. after the aquission the profit in the next filling is more as the double of the last profit in qt 2. I think 500 600k
the costs would grow too, but more profits need more investitions.
i think emg can work with a profit after all costs in the next year. great moment.
EmerGeo Solutions Continues to Grow-Corporate Update
11/6/2008 9:30:04 AM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Nov 6, 2008 (Marketwire via COMTEX News Network) --
EmerGeoSolutions Worldwide Inc. (TSX VENTURE:EMG)(FRANKFURT:EMI.F) (the"Company", "EmerGeo" or "EMG"), a leading provider of EmergencyManagement software and consulting services, is pleased to announcethat the Company continues to grow internationally, advance itstechnology and build strategic alliances.
Over the past severalmonths we have all experienced difficult market conditions around theglobe. This market turmoil, however, has not affected EMG. Managementhas made exceptional progress on executing the Company mandatedbusiness plan and achieving projected sales targets.
Investmentin our market sector, public safety and homeland security, continues togrow significantly despite the current upheaval in World markets. EMG'stechnology helps responders protect people, property and theenvironment against the adverse consequences of emergencies, terrorismand disasters - investment is only going to continue to grow in thisarea. The Company has invested in systems and hired key staff inSales/Marketing, Product Development, Customer Support andFinance/Administration to build a strong foundation for growth.
Below is a brief summary of a few key business activities that EMG has successfully cultivated since April 2008:
1. United Arab Emirates
a.Secured a key C$555,000 contract in October 2008 for the provision ofemergency management consulting services to design and implementsustainable and comprehensive Emergency Management Plans and Systems inthe region. The contracting organization has requested to remainun-named.
b. Established EmerGeo Solutions Middle East Inc. with an office and staff in Abu Dhabi.
c.Two sizeable multi-year, multi-million dollar proposals have beensubmitted for the supply of EMG emergency management software andconsulting services in new state of the art emergency operation centersin the region. Awards are expected in early 2009.
d.Additionally large proposals have been submitted for EmerGeo software,systems integration, training/simulation and consulting services in theregion.
2. USA
a. Successful completion of a substantialimplementation of WebEOC(R) and EmerGeo software at the largest gas andutility company in the USA. The software has been deployed inproduction as of August 2008 and will support hundreds of usersthroughout Southern California. Project extensions and expansion areplanned for 2009.
b. Successful implementation of EmerGeosoftware in a US State's Emergency Operation Centre. This is the thirdUS State Agency to buy EmerGeo products and services and we are rapidlybecoming a recognized name in the USA, as we initiate a new salesprogram focused on the US Homeland Security market.
3. Canada
a.Under a 5 year contract, EMG is developing and hosting online EOC andEmergency Response courses for 6000 employees and contractors workingat the largest oil sands production facility in the world with capacityto produce over 15% of Canada's oil requirements. EMG is also providingIncident Command System (ICS) training to key emergency response staffand management.
b. EMG was recently contracted to develop theEmergency Response Awareness online course at a global energy companywith over 3500 employees. The course will be delivered to locations inCanada, US, North Sea, UK, Norway, Yemen, West Africa and Colombia.
c.EMG will assist one of the largest air based transport medicineprograms operating in North America with the development andimplementation of their Emergency Management programs and IncidentManagement System (IMS). EMG has also been contracted to deliver bothonline and instructor based training to over 300 employees.
d.EMG has worked closely with a large pipeline company over the past 9months to install EmerGeo software and update/harmonize all emergencyresponse programs, processes and systems for the entire line.
4.Australia - EmerGeo software has been selected after an intensive2-year pilot as the standard emergency management system that enablesreal-time information and data sharing between multiple emergencyresponse agencies. Additional sales to state and local agencies areplanned for FY2008/2009.
5. Strategic Alliances - severalstrategic alliances have been formed to leverage our sales andtechnology around the world. An example is CAE Professional Services(Canada) Inc. (www.cae.com), a $1.4 billion Canadian company that is aworld leader in simulation technologies and services. CAE's simulationtechnology (S-Mission) and 3-D mapping software has been integratedwith EmerGeo and used for a terrorist simulation project funded by aresearch arm of the Department of National Defense. Together, EmerGeoand CAE are pursuing several multi-million dollar opportunities aroundthe globe.
6. New EmerGeo Software Version Release - Version 4of our software was just released this quarter and initial feedbackfrom our customers and prospects is very exciting. Version 4 comes witha higher price than earlier versions but gives customers the advantageof a new web mapping interface, improved interfaces to world leadingsoftware such as WebEOC(R), Google Earth(R) and ESRI ArcGIS(R),enterprise scalability, and a platform for new hosted web applicationsplanned for 2009.
(R) WebEOC is a registered trademark of ESi Acquisition, Inc.
EmerGeowill continue to build, integrate and implement the World's leadingemergency management information systems that are proven effective athelping save lives, secure property and protect the environment -around the Globe.
On behalf of the Board of Directors,
EMERGEO SOLUTIONS WORLDWIDE INC.
Mike Morrow, President & CEO
About EmerGeo Solutions Worldwide Inc.
EmerGeoSolutions (TSX VENTURE:EMG)(FRANKFURT:EMI.F) provides fully integratedsituation awareness technology, training and services to helpGovernment and Industry manage risk in Emergency Management,Environment Health and Safety, and Security. EmerGeo's unique managedCommon Operating Picture (mCOP(TM)) technology provides a reliable,world-class, open standards based incident management solution. Oursoftware, training and professional services have proven to beeffective in helping government and industry around the world tomitigate against, prepare for, respond to and recover from emergencies,natural disasters, acts of terrorism and major events. For moreinformation on EmerGeo please visit www.emergeo.com.
We seek Safe Harbor.
SOURCE: EmerGeo Solutions Worldwide Inc.
EmerGeo Solutions Worldwide Inc. Mike Morrow President & CEO (604) 681-0989 (604) 681-0079 (FAX) Website: www.emergeo.com
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