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Author Topic: NXA may be a next hot pick
TradingWizard
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NXA may have a good product with bright future!!!!!!!!!!!!!


Nextair Expands Into US Market


TORONTO, Apr 29, 2004 (Canada NewsWire via COMTEX) -- (Canada NewsWire)


Encouraged by recent sales to large customers in Canada and the UK, Nextair Inc. (TSX: NXA), a leading provider of wireless software platforms, reported today that the company has commenced its US expansion.

Nextair has activated its US subsidiary, Nextair (US) Corporation and has already hired fulltime, experienced Sales professionals in Western and Central US. The company expects to add coverage in the Northeast and in the South shortly.

"To the best of our knowledge Nextair has not yet lost an order to a competing company", said Ron Close, President and CEO. "We want to get our winning technology, the AIRIX Wireless Environment, in front of as many prospects as we can." Nextair estimates that there are 130,000 US companies in their target market. This market includes enterprises with field employees (either service or sales) who need access to company data and systems to be more productive.

"We are confident that we have a winning product with AIRIX," added Close, "and we are excited about the opportunities for growth in the US."

About AIRIX

AIRIX enables enterprises to create and deploy intelligent mobile data solutions that work over any network to any device. The AIRIX Wireless Environment is a family of products that includes the AIRIX Design Studio, AIRIX Smart Client and the AIRIX Transaction Server. Together, these products provide the most innovative and advanced mobile data solutions on the market today. Features of AIRIX include:

128-bit SSL encryption Transaction-level authentication Store-and-forward message queuing Wireless transaction management OTAP (Over The Air Provisioning) Local data stores Offline operation

About Nextair

Nextair Inc. (www.nextair.com) is the developer of the award winning AIRIX Wireless Environment, as well as several wireless passenger transportation, field service and dispatch applications. AIRIX provides rapid development of sophisticated wireless applications for mobile devices. All popular networks and wireless handheld devices are supported.

%SEDAR: 00003073E

VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=62189



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GREGDOGG
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Heyyy Wizard, it seems to still be on the decline, I'd wait for a new base to form. It might be forming around .18 , too early to tell for sure.

Keep them picks commin'

We can all work together and make da $$$$$$


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TradingWizard
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I bought originally for 0.17 cents and I missed 0.40 peak (did not look into my account for a while)....hopefully will jump back...but yes it is close to the bottom...
I saw it for 0.165...

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TradingWizard
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This is a good news.....

Nextair's Strategic Shift Paying Off


TORONTO, May 06, 2004 (Canada NewsWire via COMTEX) -- (Canada NewsWire)


Nextair Inc. (TSX: NXA), a leading provider of wireless software platforms, reported today that 2003 Annual Results show strong growth in revenue and significant improvements in gross margin, net loss and cash flow.

"In 2003 Nextair made significant changes to its board, management, strategy and product portfolio," said Ron Close, President and CEO. "We deliberately focused most of our resources at the largest and fastest growing market we served. AIRIX helps enterprises connect their field workers to head- office systems and data. It provides companies with the fastest way to wirelessly enable enterprise applications and bridges the technical hurdles that previously choked the pace of growth for enterprise wireless applications. The wireless industry is growing and it is very rewarding to see Nextair driving growth in this space."

2003 Highlights

Revenue for the year was up 34% to $1,211,075. Gross Margin held firm at 91% of Revenue. Operating Expenses decreased by 21% to $2,903,938. Net Loss for the year improved by 34% to $1,754,378. Cash used in operations improved by 44% to $1,439,747.

Nextair's Consolidated Financial Statements for the year ended December 31, 2003 along with the accompanying Management Discussion and Analysis have been released and are available at www.Sedar.com.

About Nextair

Nextair Inc. (www.nextair.com) is the developer of the award winning AIRIX(TM) Wireless Environment, as well as several wireless passenger transportation, field service and dispatch applications. AIRIX provides rapid development of sophisticated wireless applications for mobile devices. All popular networks and wireless handheld devices are supported.

%SEDAR: 00003073E

VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=62189



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TradingWizard
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And Another one....finally they are coming out after a long silence since it went up to 0.395 cents..

Nextair's Growth Continues to Escalate as Enterprises Connect Their Field Forces


TORONTO, May 06, 2004 (Canada NewsWire via COMTEX) -- (Canada NewsWire)


Nextair Inc. (TSX: NXA), a leading provider of wireless software platforms, reported today that orders from new customers in Q1-2004, combined with repeat orders from existing customers, drove quarterly revenue up to $481,568 from $390,688 in Q4-2003. Revenue from the company's flagship product, the AIRIX Wireless Environment, increased in the quarter to $334,000 from $221,000 in Q4-2003, representing a 51% growth rate.

"Our growth rate is evidence of the market's growing interest in wireless connectivity," said Ron Close, President and CEO. "Most encouraging to us is the repeat business we're seeing from existing AIRIX customers as they expand their remote connectivity initiatives, roll-out their AIRIX-enabled applications to more users, or wirelessly enable more applications based on past success with AIRIX."

"Our customers are experiencing solid payback on their time and money," added Close. "They especially appreciate the speed to market that AIRIX enables. Customers can typically get their remote users up and running with their own application in just three-to-six days, instead of the three-to-six months it would take them to do it on their own."

"Within one week, Nextair created a customized prototype of the AIRIX application using our requirements and our data store," said John Oakley, General Manager, Enbridge Gas Distribution. "The ease of use, efficiency and speed of deployment impressed us most. With AIRIX, we improved the ease of communication between the field and the back office, assisting in timely and accurate information delivery. Based on this early success, we are planning to expand our use of AIRIX to include a number of other field related services."

Q1-2004 Highlights

Revenue from the prior quarter was up 23% to $481,568 from $390,688 in Q4-2003. Gross Margin was 89% while Operating Expenses decreased in the quarter to $835,279 from $845,448. Net Loss for the quarter improved to $410,669 from a Net Loss in Q4-2003 of $437,859. This improvement would have been $50,000 larger except for a one-time gain on disposal of marketable securities in Q4-2003. The operating cash burn rate in Q1 was approximately $300,000.

Also in the quarter, Nextair completed a private placement, raising $2.5M. The company also moved its head office and most of its employees from Windsor to Toronto, strengthened its Board, added several key employees, including key Marketing and Sales professionals, and began the process of expanding its activity level in new markets, with a preliminary focus on the US.

The financial statements for Q1-2004 along with the accompanying Management Discussion and Analysis have been released as part of Nextair's Quarterly Report to shareholders and are available at www.Sedar.com.

About Nextair

Nextair Inc. (www.nextair.com) is the developer of the award winning AIRIX(TM) Wireless Environment, as well as several wireless passenger transportation, field service and dispatch applications. AIRIX provides rapid development of sophisticated wireless applications for mobile devices. All popular networks and wireless handheld devices are supported.

%SEDAR: 00003073E

VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=62189

For further information: Monica Salvo, Sr. Consultant, Public and Media Relations, Strategic Ampersand, (416) 961-5595 (ext.438), monica(at)stratamp.com; Scott Browne, VP and Chief Financial Officer, Nextair Inc., (416) 549-1000, investor(at)nextair.com



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TradingWizard
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Getronics Canada Chooses Nextair To Wirelessly Connect Mobile Workforce Across Canada


TORONTO, May 19, 2004 (Canada NewsWire via COMTEX) -- (Canada NewsWire)


Demonstrating its growth in the wireless enterprise market and the success of its solutions, Nextair Inc. (TSX:NXA), announced today that Getronics Canada has deployed Nextair's technology to wirelessly connect its Canadian field employees to their corporate systems.

Nextair's AIRIX Wireless Environment will allow Getronics to extend its existing Customer Relationship Management system and knowledge base to wireless handheld devices. By having key information in the palm of their hands, Getronics remote employees can provide faster and more accurate service to its customers.

Getronics Canada will use the application developed on the AIRIX platform to help them respond to and track over 300,000 service calls annually. The technology will help Getronics streamline their field activities and will enable them to be even more responsive to their clients.

A leader in systems integration and networked technology services, Getronics employs 500 people across Canada, providing their clients with a complete range of life-cycle services to help them plan, deploy, manage and maintain their network and computing environments. The company provides services in over 5,000 Canadian communities from coast to coast.

"Getronics is always searching for ways to provide better communications and information to our employees and to our customers," said Jerry Webster, Getronics Canada's Vice-President, Field Managed Services. "With Getronics' extensive expertise in Information and Communications Technology, we knew that choosing the right wireless platform went beyond assessing the technology on paper or in a lab environment. The real test was deploying the technology to users in the field. In only one week, Getronics' IT team used AIRIX to create our handheld application, then we deployed the application to users in three cities and let them test it for three months in real world conditions. AIRIX performed flawlessly."

The AIRIX Wireless Environment is a family of products that includes the AIRIX Design Studio(TM), AIRIX Smart Client(TM) and the AIRIX Transaction Server(TM). Together, these products provide the most innovative and advanced mobile data solutions on the market today, allowing software developers to add wireless and remote functionality to any application, over any network, for any device.

For IT managers, AIRIX eliminates the risk of choosing the "wrong" handheld device. By supporting Microsoft's Pocket PC, Research In Motion's Blackberry and Palm OS5 and OS6, companies can choose any handheld device, and can even change their minds, without having to change their software platform or application. The combination of Pocket PC, RIM and Palm represents over 90 per cent of the wirelessly connected PDA market.

Webster said, "Getronics selected Nextair's AIRIX Wireless Environment for its ability to rapidly integrate with the company's existing systems and its support of a full range of mobile device features."

"Industry leading service organizations apply cutting edge technology in order to increase employee productivity and provide outstanding customer service," said Ron Close, President, Nextair. "We're extremely pleased that one of Canada's largest IT services organizations has selected AIRIX. The Getronics team built an AIRIX solution and launched it in only one week - proving once again that AIRIX is the best way to mobilize any business application."

About Nextair

Nextair Inc. is the developer of the award winning AIRIX(TM) wireless enabling software solution, as well as several wireless passenger transportation, field service and dispatch applications. Nextair's AIRIX solution provides rapid development of sophisticated wireless applications for mobile devices. All popular networks and wireless handheld devices are supported. Nextair is traded on the Toronto Stock Exchange (TSX: NXA). Visit Nextair's website at www.nextair.com.

About Getronics

With approximately 22,000 employees in over 30 countries and ongoing revenues of EUR 2.6 billion in 2003, Getronics is one of the world's leading providers of vendor independent Information and Communication Technology (ICT) solutions and services.

Getronics designs, integrates and manages ICT infrastructures and business solutions for many of the world's largest global and local companies and organizations, helping them maximize the value of their information technology investments. Getronics headquarters are in Amsterdam and their Canadian headquarters are in Toronto. Getronics' shares are traded on Euronext Amsterdam ("GTN"). Visit Getronics' website at www.getronics.com.

%SEDAR: 00003073E

VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=36415 http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=62189



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TradingWizard
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Closed at 0.19 pps with latest news:

Nextair announces CGI as Enterprise Mobility Partner


TORONTO, Jun 29, 2004 (Canada NewsWire via COMTEX) -- (Canada NewsWire)


Nextair announced today that it has reached an alliance agreement with CGI Group Inc., one of North America's largest information technology and business process service firms. CGI will leverage the AIRIX Wireless Environment to connect the back office systems of its customers to wireless handheld devices running the RIM, PocketPC and Palm operating systems.

Ron Close, President and CEO of Nextair said, "Connecting field workers to the systems and information at head office gives enterprises a significant opportunity to improve their productivity, lower costs and increase customer and employee satisfaction. Nextair's partnership with CGI ensures that customers have a complete and simple solution for their wireless application needs. CGI's expertise and market reach make them a great partner for Nextair."

AIRIX enables enterprises to create and deploy intelligent mobile data solutions that work over any network to any device. The AIRIX Wireless Environment is a family of products that includes the AIRIX Design Studio(TM), AIRIX Smart Client(TM) and the AIRIX Transaction Server(TM). Together, these products provide the most innovative and advanced mobile data solution on the market today. Customers can typically have their wireless applications up and running in a couple of weeks.

Nextair Announces Distribution Agreement With A Leading UK Mobile Operator


TORONTO, Jun 21, 2004 (Canada NewsWire via COMTEX) -- (Canada NewsWire)


Nextair Inc. announced today that it has signed a reseller agreement with a leading mobile operator in the U.K., whereby the mobile operator has agreed to resell Nextair's AIRIX Wireless Environment software to enterprise customers.

Nextair Inc. will provide AIRIX as an underlying wireless platform for the partner's enterprise customers who wish to connect field workers to head office systems and data. The operator will bundle wireless devices, network time, software and integration services into a simple and compelling package for their business customers.

Rollout to two pilot customers will begin this month with a full launch scheduled for next quarter.


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