SIDY .07/.08..from latest 10q: MinuteMan
The MinuteMan product, built on SciDyn's core BubbleLINK(c) technology, is a complete turnkey system providing all aspects of a pre-paid and debit card platform. MinuteMan provides PSTN interface, card databases, IVR and SMDR collection. The MinuteMan is ideal for smaller pre-paid card vendors that want to break free from the resale only mode of the card business. MinuteMan is also the ideal front end for VoIP carriers that are looking to complete their offerings for low cost international traffic. Most VoIP Gateways do not offer a robust solution for pre-paid calling. Most of these carriers have been forced to purchase or lease expensive adjunct systems to integrate pre-paid solutions into their VoIP networks. The MinuteMan provides all of the necessary functions to convert an existing VoIP toll bypass network into a full-featured international pre-paid network.
MinuteMan development is continuing based on requirements from customers and other industry trends. Enhancements to the original MinuteMan include expanded rating capabilities for specialized charges and dynamic rates.
A second-generation MinuteMan platform is currently in the integration test stage. This next generation platform is built on the industry standard Compact PCI architecture. This solution provides an even higher level of system reliability and maintainability. This version of the MinuteMan will provide higher density within a single chassis as well as the ability to dynamically add new resources to the switch and provision new services with out taking the system offline.
New applications for the MinuteMan will be released this year expanding the service offerings of the platform beyond traditional Pre-Paid calling cards to account based calling and calling card services, making the MinuteMan a versatile revenue source for the owner and operator.
The latest releases of the MinuteMan also provide greater flexibility in system integration with support for various database technologies. Support will be provided for Microsoft SQL Server, the open source MYSQL server, and the original embedded data engine of the MinuteMan. All applications developed for the MinuteMan will operate on any of the supported database solutions. This allows system owners to operate at a cost and performance level, which they feel appropriate.
A specialized version of MinuteMan has been developed and deployed for use in the Inmate Marketplace. This version provides an Inmate Phone Service provider with a centralized system to switch and manage pre-paid calling from all of it's contracted facilities. This Version of MinuteMan capitalizes on SciDyn's years of experience in inmate phone control to provide a full featured pre-paid switch without compromising the security and fraud protection required for this specialized calling application.
IP Telephony
SciDyn has continued efforts in the development of Voice over Internet technology. The focus of these efforts revolves around upgrading existing product technology and adapting the technology into new and existing applications. IP technology is being deployed within the Commander system at specific installations. This is a major step in the Inmate phone control industry, and SciDyn is at the forefront of this technology. SciDyn is also in the process of adding direct IP trunking capability to the MinuteMan platform. Additionally SciDyn will be enhancing the MinuteMan with a complete Radius interface to allow any Voice Over IP gateway that supports this common protocol to use the MinuteMan as a centralized platform to create and manage pre and post paid services.
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LATEST QTR: Sales for the three months ended September 30, 2003 were $1,022,162 an increase of $865,896 from sales of $156,266 for the three months ended September 30, 2002. Sales from our audiovisual division for the period ended September 30, 2003 was $798,599 and $223,563 was derived from our software technology division. Sales from the audiovisual division were strongest in the equipment sales and engineering fabrication areas with sales from our technology division resulting mainly from the commander line and licensing of our technology.
LATEST 9mo: Sales for the nine months ended September 30, 2003 were $2,797,047, which includes revenue from the acquired audiovisual division for the six months commencing April 1, 2003, compared to SciDyn revenue of $812,143 for the corresponding nine months ended September 30, 2002. Sales from our audiovisual division for the period ended September 30, 2003 was $1,874,666 and $922,381 was derived from our software technology division. Sales from the audiovisual division were strongest in the equipment sales and engineering fabrication areas with sales from our technology division resulting from the commander line and licensing of our technology.
LOSSES GOING DOWN, REV GOING UP. 41m shares outstanding latest 10q. |