Triant Technologies: The Here and Now.
Thanks for X-crossing over to the new thread Ed. Your questions are good ones, most of which can be addressed here.
I really can't comment on questions as they pertain to suggestions and foreshadowing. I'm not attempting to be in any manner smug here, other than to ask you to keep your line of questioning in the realm of public domain. However, I did consult the tech-team and they did in fact confirm a number of (now moth-balled) initiatives (Project X, et al) that were undertaken with the old regime (Dave Austin & Co). The problem back then was that Triant lacked the singular vision of doing one thing, exceptionally well. June 1999 launches us at ground zero with the intent of doing just that: Pioneering change in wafer fab automation for the semiconductor industry. The bottom line in aligning ourselves with the likes of Applied Materials, is that we want to assist them in powering optimal yields in both process integration in tandem with fab automation. Granted, their investment in us probably represents one of many they do per year with fledgling upstarts, however what sets us apart is the VAR aspect. Potential revenue ? Good question.
Triant is currently working on a business/financial model that will allow those looking in on us, to share in our one, two and three year potential revenue stream as it addresses our bottom line for future earnings. This is a priority item and one that is being addressed NOW.
This model will encapsulate the Domain Logix Distribution agreement also, which is non-exclusive, yet one we feel, will bear fruit soon.
Regarding the warrant extension, this was sought because we didn't want a potential financing for the company to die on the vine. By-the-way, we never did reveal who the client was that gave us the $2 million purchase order, but suffice to say, it was one of the nine licensed clients Triant currently has under its umbrella of Semiconductor customers.
Yes, I know the historic problem for Triant has been long on promise and short on delivery. We will, over the next sequential series of quarters, attempt to rectify and change our somewhat tarnished image. The overhaul is underway. Our target for Nasdaq Small Cap listing via an IPO is realistically, 15-24 months away.
Those are the facts. Between now and then we want to under-promise and over-achieve.
Regards,
Tom Corcoran
Corporate Communications Manager
Triant Technologies Inc.
North America T/F: 1-800-663-8611
Email: tcorcoran@triant.com
Web: triant.com
|
