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Microcap & Penny Stocks : EVDS Environmental Digital Services, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: ColinD who wrote (51)	9/16/1998 10:55:00 AM
From: Jeffrey L. Henken	Respond to of 718

The CAPSCAN has indeed been produced and fully tested but only as a hand made device until now. 100 manufactured prototypes will be making the rounds at trade shows by the end of September. Remember that the product was tested by the Yarrow Bay Texaco in Kirkland Washington and other sites as well. It works, and the company tells me they anticipate selling as many as they can manufacture by the end of the year. That's where the earnings estimates came from in the thread header: https://www.siliconinvestor.com/subject.aspx?subjectid=22787 Company Background and Patent Information: Environmental Digital Services Inc. has been existence since 1987 to serve the environmental services and products market. The Company originally developed a computerized inventory control system and in 1991 turned it's attention to the development of a product to measure the volume of fluids in storage tanks. In 1992 a patent was awarded (#5,085,077) for electronically measuring the volume of petroleum and other potentially polluting fluids in below ground and above ground storage tanks. The process adjusts for each tank and it's environmental variables, and is highly accurate, meeting EPA standards for inventory control systems intended to detect tank leakage. Environmental Digital Services has been market testing it's device the "CAPSCAN" for the past three and one half years, principally with Texaco, and is now ready to come to market. As of July, 1998 the Company began trading on the OTC BB through a 15c211 filing. The CAPSCAN device will not only be useful as a device to monitor tanks for possible leakage but as an inventory management system as well. I have touched on the implications of short deliveries when discussing the home heating oil market but this can also happen to a mom and pop service station as well. So the CAPSCAN will help service station owners decide more accurately when to order more gasoline and how much of each type. The company will have a manufactured Capscan product being sold in December of this year. As you know whether tanks have been replaced or not they do have to be monitored and EVDS offers an economical solution which will exceed EPA requirements and do so at a lower cost than any other methodology available. Incidentally they will be manufacturing a similar device for monitoring tanks in the home heating oil business. It's estimated that there are as many as 4,000,000 of these tanks in the New England area alone. Home heating oil customers are shorted on deliveries on a regular basis. This will not happen once one of these devices is bought and installed. EVDS has plans to market these devices at large chain stores like Sears, K-Mart and WALMART. Home owners will be able to easily make up the cost of the device because one short delivery could cost them more. Forty two of the prototype CAPSCAN units were produced for field testing. They were tested in selected stations in Long Island, NY, North Palm Beach, Florida, and Kirkland, Washington, the regional headquarters for Texaco. Results from the three years of testing in Washington were submitted to the University of Washington at Seattle. Using smoothing techniques, they were able to certify that the CAPSCAN maintained readings to an accuracy level of 1/100 of an inch with unfailing consistency. This level of accuracy far exceeds the EPA minimum standard of accuracy of 1/8th of a inch. I don't really know why they did an artists rendering, as opposed to an engineering schematic, but that's what is there just inside the cover. Call the company Colin. You'll be glad you did. InvestRight Regards, Jeff