One year ago……
On the 15th of January 2007 a formal offer of $2 million was made to purchase the business interests of ZYL…the offer did not succeed!
This ‘distraction’ cost ZYL management time (away from building the business) and approx $250k of company/shareholder funds.
Since that time however under new management and a re invigorated team, ZYL has put some impressive results on the board.
Just some of the highlights for ZYL in the past year.
Contracts won
03/01/2008 NSW Sports Academy - Manly NRL Wireless Contract
17/12/2007 Equine Flu Border Protection Contract
29/11/2007 Qantas Awards New Security Contracts to Zylotech
19/11/2007 Catholic Schools Hi-Tech Protection, Contract to Zylotech
09/11/2007 Sydney Turf Club Stage 3 Surveillance Contract
31/10/2007 Ultimate Media and Eyecorp select technology from Zylotech
11/10/2007 Telstra Stadium Digital Surveillance Upgrade Contract
09/10/2007 Zylotech wins Contract for Japanese Submarine Site
04/10/2007 Zylotech wins Bank Remote-Branch Security Contract
02/10/2007 RMIT Orders Boost Zylotech`s First Quarter to $1.7M
26/09/2007 Zylotech wins National Gallery of Australia Project
30/05/2007 RMIT Signs Period Contract
09/05/2007 Wins Qantas CCTV expansion project
08/05/2007 RMIT security expansion project won by Zylotech
23/04/2007 Mining Group Selects Zylotech Technology
03/04/2007 Wins Vodafone rollout security contract
22/02/2007 Diebold wins another contract with Motoring Association
Significant announcements
06/12/2007 CEO Signs New Contract and Outlines 2008 Expansionary Vision
14/11/2007 Zylotech Wins Top Technology Award at Fire Expo
31/05/2007 Admitted into Defence Depts Devt & Evaluation Program
10/05/2007 Breakthrough Videoserver Technology Released
09/03/2007 Teams with IBM
07/03/2007 Teams with Tenix
28/02/2007 Pilot for Vodafone teaming with Diebold
26/02/2007 Agreement with Adair
21/02/2007 Agreement with Diebold Australia
I now expect further announcements/contracts to flow from projects/pilots currently under review (Banks) and the winning of other tenders with the ‘teaming’ partners announced by ZYL throughout the year.
I also expect growth from within the ‘vertical’ markets that ZYL has already identified and won contracts
One of the more interesting opportunities is with Ultimate Media and Eyecorp (100% owned by Ten Network). It also demonstrates the new Management ability to seize an existing technology (originally developed for Defense…UAVs) and adapt it to a world 1st media application…this is a growing market worldwide and ZYL technology is the recognised leader in this field.
All in all ….2008 is looking very promising for ZYL.
Cheers
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Price($) | Vol. | No. |
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