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


To: Jeffrey L. Henken who wrote (394)3/21/1999 1:07:00 PM
From: Bill Fortune III  Respond to of 718
 
For anyone who has not seen this. A quote from Jim Crehan, chairman, Environmental Digital Services Inc. (EDSi) in the THE JOURNAL OF PETROLEUM MARKETING” (Oct/98)

“In addition, marketers ought to be concerned about preventing fines. Proper record keeping is an EPA requirement, one that may not catch up with a marketer until a bigger problem is identified. Jim Crehan, chairman, Environmental Digital Services Inc. (EDSi), Palm Beach Gardens, Fla., says that no one really gets in trouble for poor reporting, unless found or "singled out" for violation.”

Radio Frequencies

Radio frequency technology is quickly advancing in the petroleum retail industry. As Fairfax, Va.-based Mobil Oil Corp. and others push transponder technology that identifies customers filling up at the pump, such radio frequency use is occurring on site at the tank monitoring level as well.

“EDSi for instance, has a hand-held transmitter that activates the tank monitors. EDSi utilizes tank caps equipped with different technologies, including sonar and radar, to read liquid levels in the tank. With the hand-held transmitter, an employee can stand four feet from the cap and read the tank level. The device can also accept information from the pump meters and the delivery slips.

Increasing accuracy is an integral part of proper fuel inventory management, says Crehan of EDSi. "Our problem was the [measuring] stick," Crehan says. "It was the weakest link in the reporting cycle." Often times, the measurement task is given to part-time employees at the lower end of the pay scale, Crehan says. They have no incentive to take pinpoint accurate readings consistently. By taking the measurement task out of human hands, accuracy is increased, he says.”

Full article can be found here:
macfadden.com

Regards,

Bill Fortune III