Shame about the volume so far. I suspect the market wants to see more details on the dollar values of these contracts before they start getting excited.
Nevertheless, potential is tremendous IMO. It is only logical that all regulatory bodies will want to adopt similar systems, to minimise the implementation and training times for new products. I'm assuming too that word amongst regulatory bodies in the US will spread about the benefits of Enviro suite if things go well.
The barriers to entry should also be high as once a regulatory body has learned and is used to a particular system, the cost and time involved in changing to a different system would be too high and time consuming.
Hopefully, more contract wins will start flowing in after this.
EVS Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held
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