GREY:ISYRF - Post by User
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Orillia7on Jan 29, 2014 12:16pm
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Increasing Design Wins and Interest in Intrinsyc's OpenQ
Increasing Design Wins and Interest in Intrinsyc's OpenQ
From the PR this morning… “Intrinsyc’s Open-Q 8074 SOM is an ideal fit for wearable displays due to its industry leading multimedia performance, as well as energy and thermal efficiency” commented Tracy Rees, CEO, Intrinsyc. "It’s good to see the increasing design wins and interest for Intrinsyc’s Open-Q line of system on modules, across a number of high-end embedded verticals, including wearable displays, robotics, consumer media, digital signage, medical imaging, and video conferencing.” 1. September - StreamTV – 3D Television without glasses – No revenue details 2. December – Consumer Electronics OEM – 10K unit minimum order – my estimate is $1.5M+ based on previous comments about price of computer modules, and info on their store 3. January – Robotics Company – minimum $300K next quarter 4. January – Myth Innovations – No revenue details 5. January – Wearable Display Company – No revenue details Even though no revenue details were given on a few of these agreements, they are consumer electronics applications so I would expect there to be significant revenue. Even if each of these is worth only $1M on average, then Intrinsyc has tremendous growth potential. If they keep up the pace of 3 agreements per month then Intrinsyc will certainly be heading into the stratosphere. I think we now know why all the insiders were buying.