Welcome To The Grayling Wireless HUB On AGORACOM
Edit this title from the Fast Facts Section
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

DONNER METALS INTERVIEW: David Patterson Discusses the Bracemac-McLeod Mine Development Beyond the Press Release

 AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

INAUGURAL GRAPHITE SPONSORS

Message: NEWS - Grayling Updates Investors Following Recent Conference Call

Agoraa
Rank: [?]
President
Points: [?]
11204
Rating: [?]
Votes: 30 Score: 4.0
  • Currently 4.0/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

NEWS - Grayling Updates Investors Following Recent Conference Call

posted on Nov 07, 07 08:03AM

CALGARY, Alberta, (November 7, 2007) Grayling Wireless USA, Inc. (Pink Sheets:GRYW) is pleased to report several updates mentioned during an investor conference call with Grayling CEO Jeff Love held November 5th, 2007:

Grayling Wireless USA Inc. confirmed that the company is in ongoing discussions with SCBA manufacturers. The nature of the discussions at the present time is non-public information but will be reported as disclosable events occur.

The company is currently evaluating acquisition and merger opportunities. The company will inform shareholders in the coming weeks regarding the M&A situations.

In regards to the company's divisions, Grayling announced that Stone Mountain has current annual revenue of approximately $1 million (unaudited) with an excellent growth profile for the current fiscal year. As for Sentai, the company recently announced approximately $1.3 million in EBITDA (unaudited) for the year ended September 30, 2007. The company expects the Software division to generate 20-25% in earnings growth this year.

The company also announced that they have previously raised approximately $15 million (unaudited) for R&D and operational purposes since 2001.

In closing, Mr.Love stated that the revenue potential for ClearCalm is just now beginning to be realized. The recent consolidation of manufacturing at the Stone Mountain facility in Virginia and the aggressive expansion of distribution coverage will set up the Radio division for a strong growth year.

About GRYW:

Grayling, based in Calgary, Alberta, is an innovator and integrator of emerging technologies. Our goal is to seek out and evaluate growth opportunities, including mergers and acquisitions that add incremental shareholder value, extend the company's market share and add to its technical competencies. Grayling will continue to bring market-ready technologies and services to its markets. For further information, visit http://www.gryw.com

This press release contains forward-looking statements within the definition of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision.

For further information on:
ClearCalm, visit www.clearcalm.com Stone Mountain, visit www.stonemountainltd.com
Sentai, visit www.sentai.com

***
For further information contact:

Jeff Love
Chief Executive Officer
Grayling Wireless USA, Inc.
P: 403.695.3665
jeff.love@gryw.com

AGORACOM Investor Relations
http://www.agoracom.com/ir/grayling
GRYW@agoracom.com

New Message

Please login to post a reply

AGORACOM Quick Tips

Looking for a New Junior Zinc Explorer? ... Learn More!

President's D.D.

New feature: Hub Presidents can add important links here.

Stock Quote