The Market:
With the advent of rapid obsolesce of evolving storage technologies, the stability and guaranteed retrieval of critical corporate data suing film storage technology is positioning Quintek in the forefront of the film based data archiving marketplace. Our current and prestigious client base is made up of numerous world class corporations and government agencies operating within the defense,
engineering, utilities, manufacturing, architectural, and construction vertical markets. Some of the major and more prestigious clients include the US Navy, TRW, Lockheed-Martin,
Dresser Industries, Canadian Government, Zenith, Morgan Construction, York International, PG&E, Duke Power, SCGC and Texas Utilities.
Revenue sources within this global market are derived from the sale of the corporate product line, professional services, which relate to the integration and operation of the system, third party supplemental equipment, aperture card media, and post sales site support via maintenance agreements. With a unit sale price of approximately $70,000 and impressive Cost-of-Sales to Selling Price ratio, the resulting revenues from product and fee for service sales, yield high profit margins.
The world-wide market for the Q4300 system and consumable aperture card media is virtually unlimited and can be viewed as a two dimensional segment with complementing potentials. The base market is a horizontal component resident within the broad engineering document management marketplace, while the vertical component addresses the varied application sectors within this market.
The most recent announced customer is NASA. :^)
The above came from a Quintek publication.
Happy investing!
KZAP |
