Nobody seems to care about this recent 100% + surge
in less than a month. (I do :) )
Volume is there more than ever before.
Fans of TA: when is this considered a breakout ? How does it look from a TA perspective ?
From a Fundamental point of view, this co.'s is still OK compared to others in Network Management.
Company Price/Sales (Source: Yahoo)
PRSF 55.57
MUSE 43.64
MSLV 16.09
DALN 8.48
OSII 6.30
Given CKEY has Sales (TTM) of CDN $45 M * 0,672 = 30 M $ US
with 18.5 M shares * 13,50$ = 249.75 M $ US Market Cap
CKEY 8.33
So the valuation is just getting closer to the similar companies in Network Management.
Other things to consider, more coverage...
News from the Citizen. Eftia OSS from Ottawa just got another round in financing.
Eftia OSS lands $30M U.S.
Kristin Goff
The Ottawa Citizen
Eftia OSS Solutions, an Ottawa software company with explosive growth in its first three years, today grabbed $30 million U.S. in venture capital.
Coupled with recent management changes and the launch of new products, "it gives us the financials to fuel our growth," said Karna Gupta, chief marketing officer.
In two previous financings, Eftia landed $37 million U.S. The latest injection comes from four companies which have participated since Eftia's start. They are APAX Partners & Co. Ventures Ltd. of London and three U.S. companies, Spectrum Equity Investors, Argo Global Capital Inc., and Insight Capital Partners.
Eftia, which provides operations support system (OSS) software to telephone companies, started with 16 employees. It now has 430.
The company's software allows telecommunication companies to automate their back office, orders and other services. Eftia is selling into a rapidly growing market undergoing deregulation.
To access it, Eftia is launching a new product, Master.DSL, which, it says, is the first OSS "specifically designed" for digital subscriber line (DSL) systems.
The new system and an upgraded version of Master.
Scribe, are important to the company's growth, Mr. Gupta said.
Eftia recently named Steven Parker, formerly in charge of IBM's global telecommunications software solutions business, president and chief operating officer. Clark Hering, a senior investment banker at J.P. Morgan, was named chief operating officer.
Al Somji, who co-founded the company, is now chairman and chief executive officer.
==
CrossKeys and Eftia Deliver Broadband Solution Integrating Service Assurance and Provisioning
Alliance targets high growth CLEC market with automated solutions
Ottawa, Ontario, Canada (April 6, 2000) - CrossKeys Systems Corporation (Nasdaq: CKEY; TSE: CKY) and Eftia OSS Solutions Inc. today announced that they will be jointly co-marketing and co-selling a software solution that makes service assurance and provisioning easier to deliver and more valuable to telecom service providers. Under the terms of the agreement, CrossKeys Resolve® performance management software will interface with Eftia's Master.Scribe® Suite of provisioning software.
Performance management and service provisioning are two key pieces of the operational support systems (OSS) puzzle critical to providing telecom services for businesses. Integrating these two systems means service providers can provision and assure services with one step, automate data flow between the two systems, and be more responsive to customer requests. These features enable service providers to free up staff from manual operations, and to improve revenue by offering superior services and customer experience with a faster time to market. In this alliance, CrossKeys and Eftia are especially targeting the new entrant service provider who is looking for a way to go to market quickly and compete against more established players.
"Partnering with a dynamic company such as CrossKeys can only reap significant rewards for our end-customers," said Al Somji, President and CEO of Eftia. "This joint solution is customer-driven, enabling telecom service providers worldwide to manage and report on both end-to-end and top-to-bottom aspects of their network performance more effectively."
Both companies have formed partnerships across the industry to complement their best-of-breed software and bring better value to their service provider customers. These partnerships link the various OSS services, meaning service providers can select the best vendor to set up telecom services (provisioning), ensure that the network can deliver them and that customers receive them (assurance), and then bill based on these services (billing).
"Forming alliances with leading companies like Eftia is one way CrossKeys is driving its strategy to be a consolidator within the industry," said Ian McLaren, President and CEO of CrossKeys. "Through our work with other vendors, we bring CrossKeys customer service and network analysis to reinforce provisioning systems, demonstrate quality of service and show our customers how to increase revenue by offering new services."
About Eftia
Eftia OSS Solutions Inc. (www.eftia.com) is a world leader in developing, deploying and managing OSS solutions designed to meet the service management and delivery needs of traditional and next-generation service providers. The Eftia Master.Scribe Suite of telecom OSS products includes modules for order provisioning and fulfillment; problem management; telecom circuit and asset inventory management; telephone and IP number management. Eftia's interconnection gateway solution automates trading partner-specific interfaces.
Eftia partners with industry leaders and is a member of key telecom standards organizations, including TeleManagement Forum (TMF) and the ASP Consortium. The company headquarters is located in Ottawa, Canada.
About CrossKeys
CrossKeys Systems Corporation (www.crosskeys.com) develops software that makes the Internet work for business. Over 200 of the world's largest and most competitive service providers manage the equipment and traffic on their telecom networks with CrossKeys.
CrossKeys Systems Corporation is a public company whose common shares are listed for trading on NASDAQ (CKEY) in the United States and on The Toronto Stock Exchange (CKY) in Canada.
CrossKeys and logo are registered trademarks of CrossKeys Systems Corporation. All other trademarks are the property of their respective holders and are acknowledged by CrossKeys Systems Corporation. |
