HyperDynamics Increases Production 40 Percent Over Last Month on Tape Transcription Revenues
HOUSTON--(BUSINESS WIRE)--Sept. 4, 2002--
Production Levels and Efficiencies of Operation Continue to
Improve as New Business Marketing Activities Increase
HyperDynamics Corp. (OTCBB:HYPD), "enabling tomorrow, today ... ," announced that its subsidiary, SCS Corp. (SCS), reported a 40 percent increase over July production with its tape transcription related revenues.
Expectations are that tape transcription output will continue to show strong growth.
When asked to comment on the progress of the tape transcription operations, Neil Moore, president for SCS stated, "This makes four consecutive months that we have shown significant increases in transcription revenues. To maintain our growth, in September we are initiating a focused marketing effort through strategies developed by our consultant, Geoserv Marketing.
"Our short term goal is to double monthly production over the next six months by maximizing current contracts and obtaining a consistent stream of new contracts."
Kent Watts, president & CEO stated, "Our market research for transcription services reveals sizable opportunities that we are just beginning to tap. By establishing our newly developed transcription business strategies, including the possibility of acquisition we feel we can obtain a reasonable market share of this large and growing market."
New activity from tape transcription operations can be viewed at www.hypd.com/tapes |
