EOS 0.00% $1.56 electro optic systems holdings limited

2007 earnings, page-14

  1. 475 Posts.
    re: recon contract EOS,

    The problem I think was not with recon but due to Cronsburg launching court action as they wanted some involvement in this contract. Basically their issues were thrown out of court a few weeks ago and the contract awarded.

    Basically Cronsburg are their main competitor, yet their product (which Aust use) is sort of ist generation stuff. The recon/EOS system is viewed as far superior and is taking over.

    Basically all going to plan but the court stuff did delay this contract I think for a month or so costing them revenue.

    Basically it was the last hurrah for Cronsberg so going forward recon/EOS are in the prime spot for future contracts.

    But about time I might add.
 
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