here is some DD
SIDY is engaged in the design, development, integration and marketing of a variety of Telecommunications Systems, including intelligent call processing platforms which provide service capabilities to the public switched telephone network. For the three months ended 3/31/98, net sales rose 41% to $1.6 million. Net income totalled $75 thousand vs. a loss of $209 thousand. Results reflects higher sales of Commander II and lower operating costs as a percentage of revenues.
The next 10Q is due out soon. The numbers should be significantly higher as the it will have all the Commander II sales included
52-Week Low $0.50
52-Week High $1.156
Daily Volume (3-month avg) 62.5K
Market Capitalization $10.5M
Shares Outstanding 14.5M Float 8.60M
0 long term debt That is ZERO DEBT!!!
Science Dynamics, with headquarters in Cherry Hill, is a developer of an array of telecommunications solutions. Products include the Commander Inmate Control phone system (based on the Integrator 2300 platform), including an NT software release; frame relay products such as the VFX250C and VFX250S designed to interface with existing
FRADs (frame-relay access devices); and videoconferencing Codec systems and voice-over Internet protocol (VoIP) products. Testing has just been done with the Baby Bells and SIDY products interface seamlessly !!!!!!
Currently in development are new software modules for the Integrator platform. These include a speech recognition module and an alarm processor. The VoIP development is progressing, with field trials in progress. Additional projects include a new release of the
CIMS (Centralized Intercept Management System).
website scidyn.com
Recent news: biz.yahoo.com
biz.yahoo.com
CHERRY HILL, N.J.--(BUSINESS WIRE)--April 28, 1998--Science Dynamics Corporation (NASDAQ:SIDY - news), a leading developer and supplier of advanced telecommunications products and applications, announced today that Memotec Communications, Inc. (MCM) has signed a year-long blanket purchase order totaling $560,000 for the purchase of Science Dynamics' innovative Video-Over-Frame Relay VFX 250S system. Memotec is the second customer to place a large-scale order for the VFX 250S in the past few months.
biz.yahoo.com
From the 10K-
As previously announced, the Company has signed a Memorandum of Understanding with Worldwave Communications Inc. Under the terms of the memorandum, Science Dynamics would acquire 100% of Worldwave for approximately 5.5 million shares of Science Dynamics common stock. This agreement is contingent upon Worldwave securing contracts for a minimum of 20,000 of its telephone units at a purchase price of
approximately $10,000,000, with a provision for additional shares if Worldwave receives a purcase order for an additional 10,000 telephone units.
Joe PTG&LI !!!
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