(Part 3)
VISUAL MEDIA APPLICATIONS
Light Management Group Inc. operating division Laser Show Systems
(LSSC)
developed and now commercially delivers acousto-optical digital
projection
devices. The equipment laser projects full motion color digital
PC output
from 200 meters to an outdoor billboard. This acousto-optical
technique has
earned merited recognition worldwide. The projection device
demonstrates
visually the optical-acoustic digital projection technique to be
applied to
the outdoor industry, but also most applications of laser
operation within
telecommunications, bio-medical, aerospace, manufacturing and
entertainment
venues.
The LSSC laser projector uses no moving parts. Light is bent into
the
desired image shape using sound (high frequency radio waves).
This process,
called Acousto-Optic Deflection, enables the laser projector to
move at a
speed roughly 7 to 10 times faster than traditional laser
projection
systems. Significantly, up to ten times the amount of information
and detail
can be projected in the same duration when compared to
traditional
projector, allowing the projection of images composed of highly
detailed
graphics or animation, at quality approaching that of video.
The Laser Show Systems Division is already profitable, even
though
commercialization of its technology is only in its infancy. Light
Management Group Inc. reported a consolidated net profit of
$50,587 on
consolidated revenue of $904,122 for the quarter ended June 30,
1999. EBITDA
(earnings before interest, taxes, depreciation and amortization)
for this
quarter was $167,894, or $0.012 per share.
Furthermore, the company has accumulated a backlog of orders for
its outdoor
projection equipment of $22 million. A recently announced
financing program
will allow this division to accelerate the expansion of
manufacturing and
production facilities to accommodate the demand for product.
Light Management Group Inc. recently announced that the operating
subsidiary
Lasershow Systems (Canada) Ltd. has reached a definitive
agreement with DJL
Capital Corporation for up to $75 million US operating financing
for the
deployment of it's billboard projection systems. The funding will
be
advanced in three phases, beginning in August of this year and to
be
completed by Spring 2000.
Over the last several months, Lasershow has been in discussions
with several
major providers of sign locations in 50 major markets in North
America. With
this financing in place, the company expects to complete final
contractual
arrangements for strategic partnerships and the deployment of
Laser
Projection systems hardware with several parties in the outdoor
media
marketplace.
Exclusive Advertising Inc., another wholly owned division of
Light
Management, maintains 3,000 media poster faces and 1,800 digital
display
units serving 4.9 million consumers in the 8,000 square kilometer
service
area served by GO Transit. GO Transit carries 28 million
passengers on
their trains per year. Exclusive recently completed the
installation of two
digital display boards in each of the GO Transit fleet of 300
rail cars.
This unique and dynamic electronic display media complements the
existing
poster media which together offer the advertisers the opportunity
to capture
audience attention, understand product features and respond in
this highly
captive environment.
DIGITAL COMMUNICATIONS APPLICATIONS
New Quantum Leap in Fiber Optic Internet Capacity
Light Management Group Inc., using their patented technique to
acoustically
manage light, has demonstrated the ability to transmit 65,536
separate
channels of light over distance in a singular optic fiber. This
quantum leap
in optimizing capacity of existing fiber networks represents a
potential
increase to the current internet backbone capacity 400 times the
latest
Nortel Networks announcement of 160 channels per fiber announced
May 4,1999.
This cost effective innovative solution can dramatically increase
existing
capacity at a fraction of the capital cost creating a new
economic model for
voice and data network providers to consolidate their operations
capacity
and to meet current market growth demands.
LMGR expects to sign license agreements for the technology with
several
market leaders in optic transmission in the near future. It is
expected that
a commercial solution for interoperability with existing hardware
from
industry leaders CISCO, NORTEL and LUCENT commonly used in the
networks
deployed by such provider companies as MCI, ATT, BT and other
major
telecommunication enterprises will be available in early 2000
Other Potential Digital Communications Applications:
1) Optimized distance transmission
2) Optical switching and routing
3) Inter-device / inter-chip circuits
4) Memory and optical storage devices
5) Optical Voice transmission ( Acoustic-optical Phone)
Investors should expect more announcements pertaining to Digital
Communications Applications in the near future. To receive the
most timely
updates to any corporate developments, be sure to sign up below.
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Disclaimer:
Diamonds in the Rough is not a Registered Investment Advisor or a
Broker / Dealer. This newsletter was compiled from information
provided by Light Management Group (the "Company"). Readers are
advised that this information is issued solely for information
purposes and is not to be construed as an offer to sell or the
solicitation of an offer to buy. The opinions and analysis
included herein are based on sources believed to be reliable and
in good faith but no representation or warranty, expressed or
implied, is made as to their accuracy, completeness or
correctness. This information is not intended to be used as the
sole basis of any investment decisions, nor should it be
construed as advice designed to meet the investment needs of any
particular investor. The foregoing discussion contains
forward-looking statements which are based on current
expectations and differences can be expected. The information
contained herein has been provided by the Company to Diamonds in
the Rough for information purposes only; in addition, the
information contained in this report is not intended to be a
complete discussion of information regarding some of the current
and/or intended business activities of the Company. Readers are
urged to consult with independent financial advisors with respect
to an investment in the shares mentioned herein. Investors should
review a complete information package on Light Management Group
Inc. which should include, but not be limited to, the Company's
annual report, quarterly report, press releases, as well as all
regulatory filings. All information contained in this report
should be independently verified with the Company mentioned
herein. Any opinions expressed in this report are statements of
judgment as of the date of publication and are subject to change
without further notice, and may not necessarily be reprinted in
future publications or elsewhere. Neither Diamonds in the Rough
nor its officers, directors, partners or employees/consultants
accept any liability whatsoever for any direct or consequential
loss arising from any use of this report or its contents.
In order to be in full compliance with the Securities Act of
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HIGH DEGREE OF RISK. |
