FIRST TODAY'S RELEASE...THEN A COMPILATION OF PRIOR INFORMATION...JUST KEEPS GETTING BETTER AND BETTER-trades OTC BB .22/.45
(PR NEWSWIRE) Transbotics Announces Receipt of Purchase Order for AGV System
Transbotics Announces Receipt of Purchase Order for AGV System For Multimedia
Manufacturer
CHARLOTTE, N.C., Sept. 17 /PRNewswire/ -- Transbotics Corporation formerly
NDC Automation, Inc. (OTC Bulletin Board: AGVS) (www.ndca.com) announces
receipt of purchase orders for a turnkey Lazerway(R) LGVS (Laser Guided
Vehicle System) to be installed in a multimedia manufacturer of audio compact
discs, CD-ROM, pre-recorded audio and video cassettes, and DVDs. The orders,
totaling approximately $500,000, includes vehicles, controls hardware and
software, engineering services and related equipment.
Transbotics specialty for approximately 20 years is Automatic Guided
Vehicle (AGV) systems or Transportation Robots, with an emphasis on complete
customer satisfaction through quality products and a professional staff.
Transbotics provides consulting, engineering services and distributes an
integrated package of controls technology for creating and servicing AGV
systems, generally utilized in material handling applications. Transbotics
locally distributes through its Distribution Group the AGV controls, motors,
batteries, chargers as well as other related products. Additionally, through
the Systems Group we provide turnkey AGV material handling solutions to end-
users and to system integrators. The Laserway(R) AGV controls, hardware and
software, are designed for optimal flexibility and accuracy and are well
suited for a broad range of vehicle types. Our AGV vehicles and other
products and services range from market unique standard off-the-shelf
products, to engineered to order designs and solutions for optimal customer
flexibility.
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SOURCE Transbotics Corporation
-0- 09/17/2001
/CONTACT: Claude Imbleau, President and CEO of Transbotics Corporation,
+1-704-362-1115/
notes on AGVS (OTC BB .22/.42) formerly NDC Automation, now Transbotics
****shares out 3.6m, my est flt 1.5m, 52wh .84, 52wl .13
****first, what they do:NDC Automation, Inc. is a supplier of controls hardware, software, engineering services and other components that are incorporated into automated guided vehicles (AGVs) and into systems that incorporate one or more such AGVs (AGV systems). AGVs are driverless, computer-controlled vehicles that are programmed to transport materials through designated pickup and delivery routines within a particular facility (usually a manufacturing or distribution facility) and to transmit information concerning system status, inventory tracking and system controls to a system controller. In 1999 and 2000, sales of AGV-related products and services accounted for almost all of the Company's net revenues.
The Company's AGV system products and services have been used in a variety of industries, including textiles, automotive, newspaper publishing and electronics. These control products are designed to be of such general applicability as to be incorporated into many kinds of material handling vehicles. Consequently, they are used not only in custom-designed AGV vehicles and systems, but also to automate conventional material handling equipment such as forklifts and pallet jacks.
NDC markets a laser guidance AGV control system, Lazerway, which is viewed by management as superior to the traditional "wire guidepath" technology or other non-wire technologies for controlling the direction of an AGV. The laser technology permits the end user to alter the guide paths of AGVs without changes in the user's facility.
****last qtr: NOTE NOTE NOTE-after taking out the gain on sale of the building ($523,000 per 10q) they had net inc of $316,000 or 10 cents per sh for the qtr:
NDC Automation, Inc. Announces Quarterly Results
CHARLOTTE, N.C., July 9 /PRNewswire/ -- NDC Automation, Inc. (OTC Bulletin Board: AGVS - news) announced results for its fiscal quarter ended May 31, 2001. Net revenues increased to $1,700,665, compared to $1,580,364 for the fiscal quarter ended May 31, 2000. The increase is primarily due to the Company's continued focus on providing turnkey AGV systems. The Company incurred a net income for the second quarter in 2001 of $803,019 compared to a net loss of $102,314 in 2000. The increased income was primarily due to a gain from the sale of its land and building, higher gross profit margin and lower operating expenses compared to the prior year.
Net revenues for the six months period ended May 31, 2001, increased by 12.2% to $2,870,057 compared to $2,557,762 in the same period in 2000. The net income increased to $703,351 in 2001 from a net loss of $368,256 in 2000.
Income per share was $.23 for the most recent fiscal quarter compared to a loss per share of $.03 in 2000, and an Income of $.20 per share for the most recent six month period compared to a per share loss of $.10 for the corresponding period in 2000.
On May 31, 2001, the Company's backlog was approximately $1,670,000 compared to approximately $975,000 one year earlier.
NDC Automation, Inc. provides an integrated package of controls technology and related products to be incorporated into and used to control Automatic Guided Vehicle Systems (AGVS). The Company also provides turnkey AGVS solutions to end-users and to system integrators. NDCA's controls hardware and software are designed for optimal flexibility and accuracy and are well suited for a broad range of vehicle types.
****note that rev was up nicely AND backlog at this point (end of qtr) was almost double a year ago...$1.67m
****company booked $3.7m in first 6mo of year
****since qtr end we have had the following releases from the company:
**Transbotics, Formerly NDC Automation, Inc., Announces Receipt of Purchase Order for Laser Guided Vehicle System
CHARLOTTE, N.C.--(BUSINESS WIRE)--Aug. 10, 2001--Transbotics Corporation (OTC Bulletin Board: AGVS.OB - news), www.ndca.com, announces receipt of a purchase order from a manufacturer of equipment supplying to the electric power infrastructure, for a turnkey one vehicle Lazerway® Laser Guided Vehicle System (LGVS) to be installed in North America.
The order, which totals approximately $325,000, includes a vehicle, controls hardware and software, engineering services and related equipment.
**Transbotics, Formerly NDC Automation, Inc., Announces Receipt of Purchase Order for Laser Guided Vehicle System
CHARLOTTE, N.C.--(BUSINESS WIRE)--Aug. 20, 2001--Transbotics Corporation (OTC Bulletin Board:AGVS.OB - news; www.ndca.com) announces receipt of a purchase order, from a microelectronics production division of a worldwide corporation, for a turnkey Lazerway® Laser Guided Vehicle System, (LGVS), to be installed in North America.
The order, totaling approximately $300,000, includes vehicles, controls hardware and software, engineering services and related equipment
**Transbotics, Formerly NDC Automation, Inc., Announces Receipt of Purchase Order for Laser Guided Vehicle System
CHARLOTTE, N.C.--(BUSINESS WIRE)--Aug. 21, 2001--Transbotics Corporation (OTC Bulletin Board:AGVS.OB - news; www.ndca.com) announces receipt of a purchase order, from a diversified industrial manufacturer, for a turnkey Lazerway® Laser Guided Vehicle System, (LGVS), to be installed in Mexico.
The order, totaling approximately $450,000, includes vehicles, controls hardware and software, engineering services and related equipment
****that's an add'l $1.075m in orders. Couple that w/an existing backlog end of qtr of $1.67m and you have got something to work on.
****downside-business falls apart, company's progress goes unrecognized by mkt or some unforssen event upsets the applecart...this can and does happen w/microcaps.
****wrap up-the strong qtr brought shareholders' equity up a positive $700,000 compared to a year ago to a plus $400,000. The company's systems are exactly what other companies are looking for in the productivity area...these systems can replace people. So you have the one time expense and the ongoing maint contract but the people are gone. And there seems to be a lot of that going on lately.
The record of profitability is spotty so we need to see follow thru but the downside here seems in terms of risk seems far outweighed by the potential rewards once the company gets noticed. |
