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Active Control Technology climbs after new service unveiled

Buzz on the Boards
0 Comments| February 19, 2009

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Shares of Active Control Technology (TSX: V.ACT, Stock Forum) climbed more than 13% to 13 cents Thursday after the company unveiled ActiveVision, a monitoring and support service for its ActiveMine product.

“ActiveVision is a first-of-its-kind remote network operations centre for the mining industry. It provides an added layer of network support by Active Control to continuously maximize the performance of ActiveMine systems anywhere in the world,” says the company.

The ActiveMine system allows for monitoring of production, personnel and equipment in surface and underground mining environments.

Active Control Technology says the new service includes 24/7 monitoring and support by Active Control network experts and real-time network diagnostics and troubleshooting. The technology will also be available for mine operators to centrally view and monitor multiple mine operations.

"ActiveVision is another way we're bringing mine network technology into the 21st century," said Steve Barrett, president and CEO, Active Control.

On the company’s Bullboard Thursday, depix said: “This is great. Another niche in the market[sic].”

mitszero54 replied: “ActiveVision provides a tremendous boost to the recurring revenue potentialof the ActiveMine system. Way to go ACT!”

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