Duraswitch (DSWT, formerly DRA) - Switches are everywhere Message Board

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Technology Stocks : Duraswitch (DSWT, formerly DRA) - Switches are everywhere

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To: danofthebes who started this subject	5/30/2001 11:10:09 AM
From: danofthebes	Read Replies (1) of 6

Some initial facts from a recent CNBC interview. Had recent price breakout and NMS listing. Used to be DRA, but thought recent action and ramp of licensing revenues merited a new group under DSWT. Business plan changed from manufacturing to licensing. Currently have 19 licensees. Largest being Delphi Automotive, which has also purchased 18% of the company. Expect 85% - 95% gross margins. Currently have patents in U.S., China, Korea and now Australia. They have an exxlusive dealer in Australia and are quite excited about this. Delphi has just purchased the #3 switch maker (Eaton) and DSWT technology is going to be the core technology for that company.

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