NaeroDynamics Provides Corporate Update and Prepares to Announce Details on Several Million Dollars in Contracts
Market Wire "US Press Releases " CHICAGO, IL -- (MARKET WIRE) -- 03/16/10 -- Telecom circuit cost management specialists IE Telco Solutions Ltd. (IETS), a wholly owned subsidiary of NaeroDynamics, Inc. (PINKSHEETS: NDYN), is proud to announce that the company is now in the final stages of preparing to announce several million dollars in contracts. Several signed and pending contracts are greatly enhancing NaeroDynamics, Inc.'s intrinsic valuation moving forward.
Co-CEO's Lee Wiskowski and Doug Stukel explain, "It is with a great sense of pride and accomplishment that after many months of all round efforts, we are now in the position of being able to announce that we've secured multiple contracts with select Telcos and Telecom related companies that should be worth several million dollars. More complete details on these individual contracts will be forthcoming as soon as it is appropriate to do so."
Wiskowski and Stukel continued, "We'd also like to comment that we have secured removal of 'caveat emptor' by Pink OTC Markets, Inc. (formerly pinksheets.com) and to follow through on our promise of attaining 'fully compliant' status, according to Pink OTC Markets Inc. by its required disclosure statement tiers, we intend on filing our 2008 and 2009 unaudited financial statements in the very near future. Furthermore, we'd like to confirm that our current share structure as of December 31, 2009, is as follows: Total Authorized Shares: 150,000,000 Total Outstanding Shares: 72,282,909 Total Free Tradable Float: 5,914,270."
"These are very exciting times for the entire team at NaeroDynamics, Inc.," stated Wiskowski. He continues to say, "Doug and I encourage all interested observers to please take a few moments to visit our newly launched corporate website to learn more about our dynamic team as we prepare to propel NaeroDynamics, Inc. growth curve to the next levels throughout 2010 and beyond: www.naerodynamics.com."
About Us:
IE Telco Solutions Ltd (IETS), a wholly owned subsidiary of NaeroDynamics, Inc., specializes in managing and reducing telecoms circuit costs for Telcos and large enterprise. The Company offers a powerful combination of highly skilled and experienced telecoms professionals combined with a unique software application Enterprise Circuit Manager (ECM). ECM ensures full circuit lifecycle inventory control, significant data quality improvements, supplier invoice reconciliation, network optimization, and proven cost reduction. www.ietelcosolutions.com
Forward-Looking Statements:
Certain information discussed in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the company's inability to accurately forecast its operating results; the company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the company's business. For further information on factors which could impact the company and the statements contained herein, reference should be made to the company's filings with the Securities and Exchange Commission, including annual reports on Form 10-KSB, quarterly reports on Form 10-QSB and current reports on Form 8-K. The company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
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great news looking for a huge breakout today..pink sheets updated.and less then a 6mil float!!!
scooz
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Welcome to NaeroDynamics, Inc.
NaeroDynamics, inc. is a Colorado corporation trading on the Pinksheets under the symbol NDYN.pk
On July 28, 2008, NaeroDynamics Inc., (“NDYN”) a U.S. based publicly traded holding company, acquired all of the shares of stock of IE Telco Solutions Limited, a company registered in the Republic of Ireland (“IETS”). As part of the acquisition, IETS became a wholly owned subsidiary of NaeroDynamics, Inc. and is the sole operating business of NDYN.
IETS provides continuous performance improvement, financial management and business information solutions for telecommunications companies as well as large corporate enterprises that utilize significant telecommunications networks.
IETS has the capability to cleanse and normalize large quantities of data. Its unique ECM (Enterprise Circuit Manager) proprietary software has been specifically developed to carry out end to end circuit inventory management quickly and accurately from the disparate data sets obtained from clients. This software, along with the vast hands-on experience and know how of the IETS team, provides an intellectual advantage that equates to the identification of significant savings, typically 15 % - 20%, (but the management team has attained as much as 40% in previous engagements), of a customers’ annual network expenditure
scooz
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IETS provides the following:
· Data Cleanse - the first step in realizing potential significant cost savings
· Assistance in minimizing telecom circuit spend by reconciling Supplier invoices with actual inventory
· Help in recovering overcharge fees due to ceased circuits or incorrect tariff charges
· Recommendations for network optimization that will further reduce telecom circuit costs
· Suggestions for optimizing the customer’s telecom buying process
· Financials necessary for Balance Sheet validation
· Ongoing Lifecycle management that typically produces up to 15% per year reduction in telecom circuit spend (Managed Solution)
IETS’s service offering is significantly different than other companies that provide telecom expense management solutions because we provide a cleansed, consolidated database of all the customers circuits using our proprietary software, analysis tools and telecom experience. As a result we offer a more complete and effective service that includes:
· Cleansing of source data before analysis which ensures that we identify:
Þ Dead circuits still on inventory
Þ Upgrades where both old and new circuits are being billed
Þ Cancellations where the circuit has not been cancelled or cancelled late by the supplier and billed
· Analysis tools, with over 6000 business rules based on considerable past experience, enables faster and more accurate cleansing of source data.
· A management team with experience of cleansing and optimizing over 600,000 circuits in 223 countries.
· Minimal client support requirement (one dedicated Project Manager and one session with Subject Matter Experts).
· Initial savings identified within 60-90 days of accepting your data.
scooz
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.29 up and moving nice..these guys are just starting to come out now.
scooz
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What a compelling story it is!
We feel this is ground floor level on this company this is ALREADY PRODUCING!
They offer software that can drasticly reduce their customers telecom and network expenses:
"This software, along with the vast hands-on experience and know how of the IETS team, provides an intellectual advantage that equates to the identification of significant savings, typically 15 % - 20%, (but the management team has attained as much as 40% in previous engagements), of a customers’ annual network expenditure."
Lifecycle management that typically produces up to 15% per year reduction in telecom circuit spend (Managed Solution) and up to 40% is HUGE to us.
We are expecting SERIOUS UPDATES from the company now that they have updated their pinksheets status.
? From the technical side...
The chart is setting up for significant potential gains.RSI is in the POWERZONE. MACD has positive divergence. With a TINY FLOAT(5,914,270) imagine what will happen when significant volume hits it.
luckylindy
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NDYN, is proud to announce that the company is now in the final stages of preparing to announce several million dollars in contracts. Several signed and pending contracts are greatly enhancing NaeroDynamics, Inc.'s intrinsic valuation moving forward.
Co-CEO's Lee Wiskowski and Doug Stukel explain, "It is with a great sense of pride and accomplishment that after many months of all round efforts, we are now in the position of being able to announce that we've secured multiple contracts with select Telcos and Telecom related companies that should be worth several million dollars. More complete details on these individual contracts will be forthcoming as soon as it is appropriate to do so."
luckylindy
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NDYN: Investor Clueso is alerting it's subscribers to NDYN, currently trading at .32. NDYN could soon see 50 cents within a couple weeks and we feel it will surpass a dollar in the next couple of months.
The stock has been trending higher and we believe the company will soon be releasing contract news which will send the stock much higher.
The float is relatively small. The sooner you are in, the quicker you'll be green and in the money.
INVESTOR Relations Contact IR info@naerodynamics.com
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NDYN: Looking forward to these new contracts: NaeroDynamics Provides Corporate Update and Prepares to Announce Details on Several Million Dollars in Contracts