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Anybody know the story here? I can't find it being pumped. It closed up 50% yesterday and now up 160% today. I can't find news either. Volume today is 2m. 20 day average is 60,000.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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Eurotech Unveils Zypad, the Wrist-Worn PC That Will Revolutionise the Way We Use Computers
AMARO, ITALY -- (MARKET WIRE) -- 06/28/06 -- The Italian stock exchange today saw the unveiling of the Zypad, the wrist-worn computer made by Eurotech, a company dedicated to the research, development, production and marketing of miniature computers (NanoPCs) and high processing capacity (HPC) computers.
Zypad, the result of a high-tech design that combines circuit miniaturisation, a range of hardware functions, optimised power consumption and ergonomic criteria, is a little gem that weighs around 290 grams and promises to revolutionise the way millions of people work. In the long-term, it could become a day-to-day object as common as the mobile phone or the palmtop.
'The idea behind the wrist-worn computer project,' explains Eurotech boss Roberto Siagri, 'was to "leave the user's hands free". Zypad will enable users to work with a network connection without being tied to a fixed position. These wearable computers will give us a new freedom of movement, radically changing the way we work, and for the better.'
The primary target is people working in hostile environments, where computers have become essential, but the use of a traditional PC or any other hand-held device is still impossible. Wearable computers are a way of ensuring access to integrated devices without unnecessarily inconveniencing users.
The fact that Zypad is integrated into the users' personal space and does not monopolise their attention also means that its processing platform and multimedia capabilities can be used without getting in the way of the user's current activities.
'In the future,' concludes Siagri, 'Eurotech plans to develop wearable computers designed specifically for each of the different target groups in order to best meet their professional requirements. We want to realise the dream that Mark Weiser, pioneer in the field of 'ubiquitous computing', summed up when he said 'The most profound technologies are those that disappear. They weave themselves into the fabric of everyday life until they are indistinguishable from it'.
'From a technological point of view,' explains Roberto Turchi, Marketing & Sales Manager at WearablePC, 'making a wrist-worn computer has involved overcoming a lot of sizeable challenges. Ergonomic studies have demonstrated that weight, wearability and screen size are all important factors in a wearable computer and, in order to meet these requirements, Eurotech has miniaturised the circuits as much as possible to create a computer that is easy to use and comfortable to wear. The controls are flexible as they depend to a large extent on the user's requirements and the intended application. Both touch screen and navigation keys can be used, with voice-recognition software currently under development. In all cases, the devices are designed to be as streamlined as possible.
'We had another big success in power consumption,' continues Turchi. 'Thanks to a number of innovative, patented solutions, Eurotech technicians have managed to create a system that allows the wrist-worn computer to run only when it is actually in use, among other things.'
A range of potential users in Italy and abroad are already testing the Zypad.
Eurotech's new wrist-worn computer could be used in a range of situations where 'hands-free' and 'always-on network connection' are particularly important, some of which are given below:
Civil protection
Wrist-worn computers could send and receive information to fire fighters and other rescue workers at incident sites. In the near future it will also be possible to receive data transmitted by reconnaissance robots and, using additional sensors, Zypad will also be able to warn users of invisible dangers, such as toxic substances.
Medical sector
Wrist-worn computers will enable medical and paramedical staff to quickly access databases and, in the near future, to read medical data from electronic bracelets worn by patients. Consequently, wrist-worn computers will be particularly useful for preventing errors due to mixing up medical records or misreading a patient's data. According to some estimates made in the US, the probability of an orthopaedic surgeon operating on the wrong limb in the course of a career could be as high as 25%. For some time now, and in the US in particular, protocols that require medical and paramedical staff to record their actions and the patient's data on a computer have been undergoing tests.
Logistics
In warehouses, the time required to select items for packaging and shipment as well as inventory procedures could be considerably reduced thanks to the fact that the Zypad wrist-worn computer can read barcodes and process data on the spot, eliminating the need to transfer data to another computer for processing.
Security and defence
Wrist-worn computers could be used by the police, for example to maintain a constant data exchange between the operations centre, vehicles and officers on the street. Similar uses would be possible in the defence sector.
Power sector
Workers at nuclear power plants currently carry devices that check for excessive levels of radioactivity. Such devices can only be read by the individual user, but a wrist-worn computer could send information on all workers to a control centre in real time, ensuring a quick response in the event of an accident.
Other uses
The procedures for selling airline tickets and boarding planes, which require a fixed terminal, could be revolutionised with the use of wrist-worn computers, making its possible for employees to circulate among passengers to perform the necessary checks, thus removing the need for a fixed terminal.
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EUROTECH:Eurotech France has won a contract to supply NanoPCs for the French defence. Amaro (UD) July 5th, 2006.
Eurotech France has been awarded a contract for 0,5 million Euro by a leading defence firm1, for the supply of NanoPCs that will be used by the French defence. The product will be delivered in 2006.
Note (1): Eurotech, in compliance with contractual disclousure obligations, is not allowed to divulgate the customer name.
05/07/2006 EUROTECH:Eurotech France has won a contract to supply NanoPCs for the French defence.
04/07/2006 EUROTECH: received an order from Alstom
28/06/2006 Eurotech unveils ZYPAD
22/06/2006 Eurotech: Board of Directors approves Euro 109.24 million rights issue
05/06/2006 EUROTECH S.P.A. EXTRAORDINARY MEETING OF SHAREHOLDERS:
17/05/2006 EUROTECH: has won a contract in USA for 1,6 million USD, to supply NanoPCs in the defence sector
12/05/2006 EUROTECH: STRONG INCREASE IN REVENUE (+54%), EBITDA (+266,7%)
10/05/2006 EUROTECH: just concluded an agreement for 1,1 million Euro, for the supply of NanoPCs.
03/05/2006 EUROTECH: Notice of an Extraordinary General Meeting of the shareholders of Eurotech S.p.A
26/04/2006 EUROTECH: Arcom win a $2 million USD contract
06/04/2006 EUROTECH:the NanoPC conquer China (price-sensitive-communication)
03/04/2006 EUROTECH: Availability of the 2005 financial statements (price-sensitive-communication)
01/04/2006 EUROTECH: Completion of the acquisition of the Arcom Group (price-sensitive-communication)
16/03/2006 EUROTECH: Parvus Corp, the US-based Eurotech subsidiary, just concluded an agreement with Lockheed Martin for 1.4 million US dollars. (price-sensitive-communication)
-------------------- today we learn~tomorrow we prosper Posts: 89 | From: medford | Registered: Jul 2006
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Spotted it .009 could have gotten in but did not ...waited for it to fall back down but it did not... ....
Posts: 5120 | Registered: Jun 2004
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| Home | Contact us Eurotech Group HOME COMPANY BUSINESS UNITS INNOVATION INVESTORS PRESS ROOM
PRESS ROOM > news
EUROTECH: Arcom win a $2 million USD contract Amaro (UD), 26 April 2006.
Arcom has announced the winning of a $2 million dollar contract to supply their nanoPC VIPER Intel® 400MHz PXA255 XScale® to be utilized by their OEM customer in a new asset tracking application. The order will be delivered during 2006.
-------------------- today we learn~tomorrow we prosper Posts: 89 | From: medford | Registered: Jul 2006
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oh no, been out here for about 10 years, I don't post much, been mostly lurking after work with a cold beer , reading and trying to learn what I can, I own small pieces of a lot of stocks, I can't stand "bashers without a cause" but found myself getting caught up in it, lost my log in when I crashed my computer, so became 4bidon. but typically, I just stay quite. I predicted INVI, NVAC and PTSC, I owned them all, but impatience had me riding on a few freebie shares each. I just got lucky on those picks so now every payday I put 200.00 into the market and only pick 2 company's a month. now just learning when to sell.GLTA
-------------------- today we learn~tomorrow we prosper Posts: 89 | From: medford | Registered: Jul 2006
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yeah it's a plan, have a family of five ( all adopted children) so I am totally small time, when I retire from teamsters, then maybe I can buy a toy or 2, I only posted 2 of 3 of my predictions, I did post invi (.06 and .11), it was trading up and down and a very excellent roller for awhile, but moved my cash into the disasterous miracle entertainment now it's memi, ptsc I did not post, nvac * .005, before the ticker change I posted on that one. I do live in oregon and work in california, talent oregon. I have been here for 18 years.
-------------------- today we learn~tomorrow we prosper Posts: 89 | From: medford | Registered: Jul 2006
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well, nano technology , from what I understand is up and coming, the I-pod, minatureizing. this company from looking at the outdated pinksheets.com shows the o/s at 72 million with a vote for 110mil shares to possibly be distributed to the share holders by the end of the year. no reverse splits, government contracts, with delivery's, it trades on the italian exchange and all the quarterly reports appears to be there. from 12-05 to 3-06 it has an increase in revenue. it has payroll though, I think it said 62 employees. I thought talking on cell phones at one time while shopping downtown was rediculous, that was 12 years ago, well computers on your wrist 400mhz with pentium processer, hmmmm. maybe, it might be something. I would rather play stocks than go to a casino anyday, so it's a good gamble....
-------------------- today we learn~tomorrow we prosper Posts: 89 | From: medford | Registered: Jul 2006
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that is what I thought "dilution". and it might be, but imo, if it were dilution, the company would not of went to the share holders and put it to vote. but its a pinky in the U.S. hopefully I can find more info this week-end about the italian exchange, maybe call the company here on monday or something. looks good, but would be a bummer if it were a heartbeaker. glta
-------------------- today we learn~tomorrow we prosper Posts: 89 | From: medford | Registered: Jul 2006
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At first glance looks like a very good find, however after researching it a bit you find that EUOT is not the company that has developed the Zypad as Pinksheets says. The company that developed the Zypad is an Italian company traded on the Italian Markets called Eurotech Group with an Italian ticker symbol of ETH.
EUOT is not related to this Italian company. The Italian arm in the U.S. is a company out of SLC, Ut called Parvus.
Now with all of this EUOT still may not be such a bad buy. OS of 98M They fired the board of directors and CEO and all officers in 2003 for running the company into the ground. Carey Naddell was appointed CEO and has worked to turn the company around and reestablish the business in general. They have patented technologies for sealants that are proving to be very useful in hazardous waste situations which is a growing and necessary market.
Posts: 434 | From: NEBRASKA | Registered: Feb 2005
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WOW, thanks ajman, I bought on stupidity thinking they owned the zypad, I need to rethink my position and do research on this. if I find something neat, I'll post it here. 15 minutes is just not enough time for research sorry guy's , hope it did not seem like I pumped. glta
-------------------- today we learn~tomorrow we prosper Posts: 89 | From: medford | Registered: Jul 2006
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man, dissapointing, how often can an american company go up in value, and at the same time an italian company with the same name practicaly, hand out news like that. shoot, put this dream up for sale on monday. glta.......................................
-------------------- today we learn~tomorrow we prosper Posts: 89 | From: medford | Registered: Jul 2006
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Sorry for the bad news, I thought you were on to something here as well. It is confusing though I will grant you that.
All may not be lost,,,,,,Its not that EUOT is totally worthless, they do have a product and a good one and they own the patent on it. It may just take a while for them to get it to market, it sounds like the old management really screwed things up and they are just now getting it straighten out.
It's no Zypad but it's something.
Posts: 434 | From: NEBRASKA | Registered: Feb 2005
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4bidon I'm willing to bet alot of people jumped on this for the same reason and probably more will as long as pinksheets and yahoo and alot of these other quote boards are still listing the Zypad news under this symbol.
You shouldn't have much trouble getting out, jmho, if that's what you decide to do.
But like I said earlier this may be cheap for this company if they get their marketing straighten out.
Posts: 434 | From: NEBRASKA | Registered: Feb 2005
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ajman, thanks for the encouragment, I just hope that not alot of people seen this thread on friday, and make a decision to purchase this on the earlier posts that I posted on the italian company.my loss is minimal and will replinish in 2 weeks, and I'll make up for it somewhere else. I usually just lurk, but this mess looked so good. back to lurking I go..... thanks for being so kind.
-------------------- today we learn~tomorrow we prosper Posts: 89 | From: medford | Registered: Jul 2006
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4bidon, don't go back to just lurking, it was an honest mistake, we need people that are willing to do actual reading of filings and PRs and that sort of thing to be posting here.
All of us have made mistakes, the trick is to learn and move on. Like I said we need more people to bring these companies to the boards attention. Let us know if you find others and good luck to ya.
Posts: 434 | From: NEBRASKA | Registered: Feb 2005
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great job Ajman....the way a couple of mine had been going I probably would have jumped on this as a momo play for quick $$. probably begin going the other way, as this news will travel fast, I'm sure.
Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006
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