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$ISO: $14 incoming...............
All in ONE day.......... not bad at all
https://investors.isoplexis.com/node/6851/pdf
GO $ISO
$ISO: Ok ...... there goes $13
Lets see where this badboy goes
GO $ISO
$ISO: Got my eyes on ISOPLEXIS now..... breaking $12
I like what I see here.
Watching it now...........
https://isoplexis.com/product-library/
GO $ISO
Who's still in this ??
I bought all 0011's and waiting for da money.
analog bandwidth any opportunities for us?
I believe the 'e' gets added when they miss a filing or something.
I've seen that on the website it states ISOO.
In real time on my Ameritrade when I put in ISOO they respond with "The symbol you entered, ISOO, changed to ISOOE on April 18, 2009." I cannot enter an order via ISOO with Ameritrade but I have an order in via ISOOE.
On the Momentum Players Board this is listed:
15:04 4/20/2009 ISOO ISOOE ISCO INTERNATIONAL INC Common Stock Delinquent **
SYMBOL is ISOO according to their website.
I can only pull it up as ISOOE
ISCO INTERNATIONAL ANNOUNCES TRADING ON THE OTC BULLETIN BOARD
Contact: Gary Berger 847-391-9400
ELK GROVE VILLAGE, Ill., February 19, 2009 – ISCO International, Inc. (OTC BB: ISOO.OB) announced today that its stock is quoted and trading on the OTC Bulletin Board, effective immediately, under the symbol ISOO.OB.
http://www.iscointl.com/Investors.html
Just updating...
ISCO International Hires Fred Fanini as Northeast Regional Account Manager
Monday October 20, 3:56 pm ET
ELK GROVE VILLAGE, Ill.--(BUSINESS WIRE)--ISCO International, Inc. (AMEX:ISO - News), a leading provider of wireless spectrum conditioning solutions for wireless carriers, announced today the appointment of Fred Fanini as Regional Account Manager - Northeast.
ISCO International is a leading provider of wireless spectrum conditioning solutions for wireless carriers.
“We look forward to Fred’s contribution to the company,” said Gordon Reichard, Jr., ISCO president and CEO. “Fred is the first hire in a recently reorganized and refocused ISCO sales team, consisting of ‘national account managers’ responsible for specific customers worldwide -- and ‘regional account managers’ responsible for all customers within certain geographies providing more immediate, localized support.”
Fanini is located in the northeast region and will be responsible for addressing the needs of ISCO International customers located in that geographic area of the country. “We are pleased to have Fred as part of the ISCO sales team,” said Reichard. “His broad range of sales and sales management experience along with his deep understanding of the needs and requirements of wireless service providers make him well-equipped for this important role in a region representing about half of the nation’s GDP.”
Previous to ISCO, Fanini served in sales management and sales roles at Adtran, Carrier Access, Copper Mountain Networks and ADC Telecommunications. Fanini is a graduate of Cabrini College in Radnor, Pennsylvania.
In additional news, ISCO International launched its new website last week, www.iscointl.com, enabling customers and shareholders to more easily search for and access information on the company and industry.
About ISCO International
ISCO International (www.iscointl.com) is a leading wireless telecommunications solutions provider -- and global supplier of radio frequency management and “spectrum conditioning” solutions for wireless carriers. With its acquisition of Clarity (www.claritycsi.com) in January 2008, it brings to the wireless market a suite of highly differentiated solutions for mobile operators, network infrastructure providers and other resellers of wireless products and software solutions. ISCO solutions include adaptive interference management and radio frequency spectrum conditioning for all wireless technologies, and the latest integrated software solutions for public safety and enterprise customers.
Contact:
ISCO International, Inc.
Ed Bergstraesser
845/876-8880
845/546-8300 cell
Source: ISCO International, Inc.
what's the B!G idearrr PUMPkin???
Sure Joe, more coverage
No prob. This analyst site is unknown to me but is not a
pump dump pay for one. Covers some decent stocks.
There was also a filing about holdings of a major stockholder's
size of shares owned. Came after analyst coverage.
These were from Knobias.com which alerts if is P&D.
Analyst Reports for American Oil & Gas Inc., United States Cellular Corporation, Goldfield Corporation, and ISCO International Inc.
Wednesday, August 27, 2008 11:39ET
LONDON -- (Marketwire) -- 08/27/08 -- MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for American Oil & Gas Inc. (AMEX: AEZ), United States Cellular Corporation (AMEX: USM), Goldfield Corporation (AMEX: GV), and ISCO International Inc. (AMEX: ISO) should take this opportunity to get free in-depth research by signing up for a free membership at www.maybachfinancial.com. Our coverage of any company will include research in the following areas:
-- Margin changes, specifically operating, gross, and then net
-- Pace and quality of top line growth
-- Ability to generate cash
-- Pace and quality of the bottom line growth
-- Market share gains
-- Innovation/pipeline
-- Corporate governance
-- Management's ability to operate in unfavorable environments
-- Ability of management to control acquisitive growth and achieve
accretive results
Sign up to gain analyst insight for the above companies by following this link: http://maybachfinancial.com/?id=6&name=Register
Analyst reviews will be posted in the member's area of www.maybachfinancial.com under "Analyst Reviews."
Whether trading on the NYSE, Nasdaq, Amex, TSX or TSX-V, our experienced research team will investigate prime investment opportunities on behalf of the MaybachFinancial.com subscribers to offer a comprehensive look at what is happening and why. Sign up today at www.maybachfinancial.com for a free subscription.
Reports vary by sector and markets and look at various aspects of each company to provide an unbiased view and provide pertinent information so investors can make informed decisions regarding their portfolios.
Maybach Financial (Maybach) is not a registered broker dealer or a registered investment advisor. However, we do use information from licensed analysts. No information accessed through the Maybach Web site or this release constitutes a recommendation to buy, sell or hold any security in any jurisdiction. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein.
Analyst reviews may or may not contain all the information listed above as each opinion and review varies with each company reviewed.
Please view the full disclaimer: http://maybachfinancial.com/?id=20&name=Terms
Thanks for posting that news sludgehound.
ISO $0.12 ut, yesterday's news
ISCO and U.S. Department of Homeland Security to Demonstrate Breakthrough Interoperability Technology Being Used in D.C. Pilot Project
12:21p ET August 26, 2008 (Business Wire)
ISCO International (AMEX: ISO), in partnership with the U.S. Department of Homeland Security's (DHS) Science and Technology (S&T) Directorate and the District of Columbia's Office of the Chief Technology Officer, will demonstrate breakthrough, new Radio Over Wireless Broadband (ROW-B) technology tomorrow here. Currently being piloted within the District's emergency response community, ROW-B connects existing wireless radio systems with advanced broadband technologies, such as cell, laptops and smart phones, saving critical response time.
During July-August 2008, the ROW-B pilot project is using the same technology to connect the District's existing land mobile radio system with broadband devices. In addition to the interoperability component, the technology provides users with clearly displayed geographic information on the location of other vehicles, equipment, and responders - with the ultimate goal of improving response and providing effective information sharing.
WHO: David G. Boyd, Ph.D., Director, Command, Control and Interoperability Division, Science & Technology Directorate, U.S. Department of Homeland Security; Chief Demetrios Vlassopoulos, Deputy Fire Chief, CIO, Washington, D.C. Fire and EMS Department; Gordon Reichard, president and CEO, ISCO International, Inc.; Raytheon JPS; Representatives from public safety and emergency response communities WHAT: Program, media availability, and demonstration of the ROW-B technology WHEN: Wednesday, August 27, 2008, 1-2pm EST Please arrive 10 minutes early to proceed through security WHERE: 2154 Rayburn House Office Building Washington, DC
About ISCO International and Clarity Communication Systems
ISCO International (www.iscointl.com) is a leading wireless telecommunications solutions provider -- and global supplier of radio frequency management and interference-control systems. With its acquisition of Clarity (www.claritycsi.com) in January 2008, it brings to the wireless market a suite of highly differentiated solutions for mobile operators, network infrastructure providers and other resellers of wireless products and software solutions. ISCO solutions include adaptive interference management and radio frequency spectrum conditioning for all wireless technologies, and the latest integrated software solutions for public safety and enterprise customers.
SOURCE: ISCO International
ISCO International Ed Bergstraesser 845/876-8880 845/546-8300 cell
ISCO International, Inc Q2 2008 Earnings Call Transcript
http://seekingalpha.com/article/91912-isco-international-inc-q2-2008-earnings-call-transcript?source=yahoo
ISCO International Appoints Jack Christie New Sales Chief
Wednesday July 16, 12:39 pm ET
ELK GROVE VILLAGE, Ill.--(BUSINESS WIRE)--ISCO International, Inc. (AMEX:ISO - News), a leading wireless telecommunications solutions provider, announced today the appointment of Jack Christie as ISCO vice president of sales.
ISCO International is a leading supplier of radio frequency management and interference-control solutions for the wireless telecommunications industry.
“Jack will be a tremendous asset to the company,” said Gordon Reichard, Jr., ISCO president and CEO. “We are pleased to have Jack as part of the ISCO management team,” said Gordon Reichard Jr., ISCO president and CEO. “His broad range of experience in the telecommunications – and specifically the wireless – marketplace make him well-equipped for this pivotal role at ISCO.”
Previous to ISCO, Christie served as director of business partners channels and was regional and national account sales director at Sprint. In that role, Christie led a team that supported more than a hundred strategic business partnerships for Sprint, including relationships with Sony, Dell, CDW and Motorola. Prior to that, Christie held leadership posts at SBC/Pacific Bell Mobile/Cellular One, and Ameritech Mobile.
About ISCO International and Clarity Communication Systems
ISCO International (www.iscointl.com) is a leading wireless telecommunications solutions provider -- and global supplier of radio frequency management and interference-control systems. With its acquisition of Clarity (www.claritycsi.com) in January 2008, it brings to the wireless market a suite of highly differentiated solutions for mobile operators, network infrastructure providers and other resellers of wireless products and software solutions. ISCO solutions include adaptive interference management and radio frequency spectrum conditioning for all wireless technologies, and the latest integrated software solutions for public safety and enterprise customers.
Contact:
ISCO International, Inc.
Ed Bergstraesser
845/876-8880
845/546-8300 cell
Source: ISCO International, Inc.
ISCO International and India's TVSICS Carve Out Enhanced Distribution Agreement
Wednesday July 9, 2:05 pm ET
ELK GROVE VILLAGE, Ill.--(BUSINESS WIRE)--ISCO International, Inc. (AMEX:ISO - News), a leading wireless telecommunications solutions provider, announced today that it has signed an agreement to explore joint marketing and distribution opportunities with India’s TVSICS for ISCO’s products in the Indian and other TVS marketplaces.
ISCO International is a leading supplier of radio frequency management and interference-control solutions for the wireless telecommunications industry. Clarity, a subsidiary, specializes in the design, development and deployment of solutions for mobile devices and wireless networks.
TVS is a leading distributor of wireless and wire line telecommunications infrastructure equipment in India and internationally. TVSICS is a part of the prestigious TVS Group, with group revenue of more than $5 billion annually and employing more than 25,000 personnel.
“New wireless networks are getting installed -- and current networks expanding -- in India at unprecedented rates,” said Gordon Reichard, Jr., president and CEO of ISCO International. “This agreement with TVS creates a foundation for the joint introduction of ISCO’s products to India and other high-growth, global marketplaces.”
“With its vision to become a ‘total solutions company,’ TVSICS is well-served in its connection to ISCO International, providing state of the art RF subsystem solutions for optimizing the fast growing cellular networks in India and abroad,” said T.K. Basu, president and CEO of TVS Interconnect Systems, Ltd.
About TVSICS
TVS Interconnect Systems Ltd forms part of the TVS Group established in 1911 with group revenue of over $5 billion, employing more than 25,000 people. The company has its Manufacturing plant in Madurai, Corporate Office in Bangalore, and Regional marketing offices in Delhi, Mumbai, Chennai, Hyderabad and Pune. With roots in manufacturing low end components like electronic connectors, RF (Radio frequency) connectors, cable assemblies, Fiber optic products & other accessories for telecommunication, consumer electronics and automobile industries, the company has transformed itself into providing solutions for wireless infrastructure, carrier expansion, enterprise solutions and project management services both in India & overseas.
TVSICS, which already provides telecom enterprise networking solutions for the major Indian infrastructure sectors, such as airports and highways, has recently acquired a Chennai-based networking and software company, Ramco.
In addition, TVSICS has formed a separate telecom infrastructure company with investment from Infrastructure Leasing and Financial Services (ILFS), a major Indian investor. The company, India Telecom Infrastructure, Ltd., plans to put up cellular sites across the country as “Ready to Check in” for operators willing to share the common infrastructure for either expansion or a new start up.
With the competencies of RF components, telecom networking and managed services under one roof, TVSICS is able to provide Total Solutions (TOSO) for cellular communications, as well as for infrastructure – critical to developing countries like India.
For additional information, please visit www.tvsics.com.
About ISCO International and Clarity Communication Systems
ISCO International (www.iscointl.com) is a leading wireless telecommunications solutions provider -- and global supplier of radio frequency management and interference-control systems. With its acquisition of Clarity (www.claritycsi.com) in January 2008, it brings to the wireless market a suite of highly differentiated solutions for mobile operators, network infrastructure providers and other resellers of wireless products and software solutions. ISCO solutions include adaptive interference management and radio frequency spectrum conditioning for all wireless technologies, and the latest integrated software solutions for public safety and enterprise customers.
Contact:
ISCO International, Inc.
Ed Bergstraesser
845/876-8880
845/546-8300 cell
Source: ISCO International, Inc.
ISCO International Demonstrates Award-Winning Technology at NPSTC Governing Board Meeting
Wednesday June 18, 12:42 pm ET
WASHINGTON, DC--(MARKET WIRE)--Jun 18, 2008 -- On the heels of winning the Next Great Idea in Wireless award from the New Jersey-based Stevens Institute, ISCO International, Inc. (AMEX:ISO - News), a leading wireless telecommunications solutions provider, announced today its participation in the National Public Safety Council's (NPSTC) Governing Board meeting here.
ISCO International is a leading supplier of radio frequency management and interference-control solutions for the wireless telecommunications industry. Clarity, a subsidiary, specializes in the design, development and deployment of solutions for mobile devices and wireless networks.
NPSTC is a federation of organizations whose mission is to improve public safety communications and interoperability through collaborative leadership. NPSTC develops and makes recommendations to appropriate governmental bodies regarding public safety communications issues and policies the promote communications between local, state and federal agencies.
ISCO is demonstrating:
-- Next Generation PTT communications on packet data networks, including
3G Cellular and WiFi
-- Situational Awareness with Real Time Maps and GPS-enabled Mobile
Devices
-- Geographically defined Talkgroups
"ISCO's solutions are portable and adapt easily to our customers' requirements," said Gordon Reichard, Jr., ISCO president and CEO. "Most important, ISCO solutions tie back to a core, critical goal of every public entity and municipality -- public safety."
In addition to the above, ISCO offers a range of services in the public service arena, including interoperation of PTT between 3G cellular and land-mobile radio, and talkgroups that span cellular and land-mobile radio users.
About ISCO International and Clarity Communication Systems
ISCO International (www.iscointl.com) is a leading wireless telecommunications solutions provider -- and global supplier of radio frequency management and interference-control systems. With its acquisition of Clarity (www.claritycsi.com) in January 2008, it brings to the wireless market a suite of highly differentiated solutions for mobile operators, network infrastructure providers and other resellers of wireless products and software solutions. ISCO solutions include adaptive interference management and radio frequency spectrum conditioning for all wireless technologies, and the latest integrated software solutions for public safety and enterprise customers.
Contact:
Source: ISCO International, Inc.
ISCO International Receives "Next Great Idea in Wireless" Award From Acclaimed Stevens Institute of Technology
Monday June 16, 11:47 am ET
ELK GROVE VILLAGE, IL--(MARKET WIRE)--Jun 16, 2008 -- ISCO International, Inc. (AMEX:ISO - News), a leading wireless telecommunications solutions provider, announced today it has received the "Next Great Idea in Wireless" Award as part of the annual Howe School conference: "The Rebirth of Location-Based Services: The Next Great Idea."
ISCO International is a leading supplier of radio frequency management and interference-control solutions for the wireless telecommunications industry. Clarity, a subsidiary, specializes in the design, development and deployment of solutions for mobile devices and wireless networks.
The award is bestowed annually to companies that demonstrate pioneering ideas in technology and further the state and art of mobile communications.
"We are honored to receive this award," said Gordon Reichard Jr., ISCO president and CEO. "We feel that our engineers -- and marketers alike -- have blazed a trail against a competitive landscape while bringing exceptional new value to our customers. It's good to get recognition for those accomplishments."
The conference, held last month in New Jersey, addressed the resurgence of location-based technologies in telecommunications environments. Panels and keynotes focused on current and future business applications -- and how they will benefit from wider availability of location data. The conference was co-sponsored by the Stevens Institute of Technology and the New York-based investment bank, the Kaufman Brothers.
"The Howe School and Stevens really appreciate the participants and the honorees supporting this important conference," said Jan Klein, a professor in The Howe School of Technology Management at Stevens, and the driving force behind the event. "I think the attendees would agree that it was a thorough and fascinating preview of what is to come in the next generation of wireless and LBS."
About Stevens Institute of Technology
Founded in 1870, Stevens Institute of Technology is one of the leading technological universities in the world dedicated to learning and research. Through its broad-based curricula, nurturing of creative inventiveness, and cross disciplinary research, the Institute is at the forefront of global challenges in engineering, science, and technology management. Partnerships and collaboration between, and among, business, industry, government and other universities contribute to the enriched environment of the Institute. A new model for technology commercialization in academe, known as Technogenesis®, involves external partners in launching business enterprises to create broad opportunities and shared value. Stevens offers baccalaureates, master's and doctoral degrees in engineering, science, computer science and management, in addition to a baccalaureate degree in the humanities and liberal arts, and in business and technology. The university has a total enrollment of 2,040 undergraduate and 3,085 graduate students, and a worldwide online enrollment of 2,250, with about 400 full-time faculty. Stevens' graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America. Additional information may be obtained from its web page at www.stevens.edu.
About ISCO International and Clarity Communication Systems
ISCO International (www.iscointl.com) is a leading global supplier of radio frequency management and interference-control systems for the wireless telecommunications industry and mobile operators. Clarity (www.claritycsi.com) specializes in the design, development and deployment of solutions for mobile devices and wireless networks. ISCO acquired Clarity during January 2008. Combined, the companies provide the wireless market with highly differentiated solutions, including adaptive interference management; PoC and PTx applications and hosted solutions; RF conditioning for all wireless technologies; location based applications and services; and novel, situational aware applications that combine both PoC and location enablement.
Source: ISCO International, Inc.
ISCO International Appoints Gary Berger New Financial Chief; Company Taps Additional Resources -- The Magis Group and Bergstraesser Communications -- for Sales Acceleration, Market Positioning and Public Relations
Tuesday June 3, 3:13 pm ET
ELK GROVE VILLAGE, IL--(MARKET WIRE)--Jun 3, 2008 -- ISCO International, Inc. (AMEX:ISO - News), a leading wireless telecommunications solutions provider, announced today the appointment of accounting management veteran Gary Berger to chief financial officer.
ISCO International is a leading supplier of radio frequency management and interference-control solutions for the wireless telecommunications industry.
"We are pleased to have Gary on board," said Gordon Reichard Jr., ISCO president and CEO. "The breadth of his background and scope of his experience in diverse industry settings prepare him amply for this critical role at ISCO."
Previous to ISCO, Berger served as senior vice president and CFO at Barrington-based Orius Corporation. Prior to that Berger held leadership posts at SBC/Ameritech (now AT&T), Esmark and Deloitte & Touche. He is a CPA and a member of the AICPA and Illinois CPA Society. Gary has an MBA in Finance from DePaul University and a BS in Accounting from Illinois State University.
In other company news, ISCO inked deals with The Magis Group for sales acceleration, marketing and general sales support, and with New York-based Bergstraesser Communications for public relations and communications support.
The Magis Group has partnered with ISCO to help provide performance-based leadership consulting, support the growth of ISCO's sales channels and fine-tune the company's overall market focus. "ISCO looks forward to a productive relationship with a venerable organization like The Magis Group," said Reichard. "When added together, the Magis principals comprise a couple hundred years of experience -- and Magis seems to balance that combined experience with a reputation for nimble, progressive business consulting."
Bergstraesser, a corporate communications veteran with significant corporate and agency experiences in Chicago and New York, runs an independent consultancy with clients in New York, Chicago, DC and Boston. "Ed brings a solid background steeped in agency and corporate communications -- and has directed a range of programs, including important roles at AT&T and MCI," said Reichard. "We look forward to working with him."
About ISCO International and Clarity Communication Systems
ISCO International (www.iscointl.com) is a leading global supplier of radio frequency management and interference-control systems for the wireless telecommunications industry and mobile operators. Clarity (www.claritycsi.com) specializes in the design, development and deployment of solutions for mobile devices and wireless networks. ISCO acquired Clarity during January 2008. Combined, the companies provide the wireless market with highly differentiated solutions, including adaptive interference management; PoC and PTx applications and hosted solutions; RF conditioning for all wireless technologies; location based applications and services; and novel, situational aware applications that combine both PoC and location enablement.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and incorporates by reference, certain "forward-looking statements" that reflect the Company's current expectations regarding the future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify these forward-looking statements by using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends" and similar expressions. These statements reflect the Company's current beliefs and are based on information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company's actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These factors include, among others, the following: the Company's ability to obtain current financing to sustain operations, market acceptance of the Company's technology; the spending patterns of wireless network operators in connection with the build out of 2.5G and 3G wireless systems; the Company's ability to obtain additional financing in the future; the Company's history of net losses and the lack of assurance that the Company's earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company's ability to compete effectively against better capitalized competitors and to withstand downturns in its business or the economy generally; continued downward pressure on the prices charged for the Company's products due to the competition of rival manufacturers of front-end systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company's ability to attract and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the Company's filings with the Securities and Exchange Commission, including those described under the heading "Risk Factors" in the Company's Annual Report on Form 10-K, as amended. You should not place undue reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
Contact:
Contact:
Ed Bergstraesser
845/876-8880
845/546-8300 cell
Source: ISCO International, Inc.
Hey,
Not sure... it's really close to a bottom (IMO) and I will be looking into it Monday after the Friday FlipFest is over. RSI is a little flat and the ADX hasn't crossed quite yet (seems to be the Friday effect) and will be monitoring them on Monday. If they perk up and the +DI crosses over the -DI, I'll put out the alert.
Yeah, I am trying to work on a floating iBOX that iHUB will allow. Still in the works.
Hi Soapy. Do you think the chart bottomed back on the 22nd or is it too soon to tell?
btw I was quite interested in your floating iBox trials.
ISCO International Announces Special Investor Call for June 5, 2008 at 4:30pm (Eastern) to Review Its Plan
ELK GROVE VILLAGE, IL -- 05/23/2008 -- ISCO International, Inc. (AMEX: ISO), a leading supplier of RF management and interference-control solutions for the wireless telecommunications industry, announced an upcoming special investor call to review its business plan.
"I indicated during our May 7th quarterly conference call that we would hold a special investor call to review our business plan once it was finalized," said Gordon Reichard, Jr., CEO of ISCO. "That process is now complete, and I believe we have a sound plan for execution. We will hold a special investor call on Thursday, June 5, 2008, at 4:30pm eastern (3:30pm central), to go through the plan together and answer investor questions. I believe our investors should have a clear understanding regarding what we intend to accomplish and how we intend to do it. I understand that visual aids have not traditionally been employed. That is changing at this time. I encourage anyone interested in the slide presentation to connect using the webcast."
The investor call will be held on Thursday, June 5th, at 4:30pm (Eastern). To participate in the call domestically, dial 1-888-241-0558. International callers should dial 1-647-427-3417. The conference name is "ISCO." The call will be replayed for 30 days at 1-800-695-1018 (or 1-402-220-1753 for international callers) with a pass code of 48269506.
Following the presentation, a short question and answer session will be held. Participants are asked to dial in 10 minutes prior to the beginning of the call. The call will be webcast live and then archived for 30 days. ISCO will provide a link to the call on its web site (www.iscointl.com) for both the live and archived versions. A copy of the webcast link is below. Because slides will be presented, the sign in process for the webcast will be longer than usual. We encourage interested parties to register prior to the call in order to complete the registration process.
Webcast link: http://www.b2i.us/external.asp?b=826&id=46691&from=du&L=e
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and incorporates by reference, certain "forward-looking statements" that reflect the Company's current expectations regarding the future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify these forward-looking statements by using words such as "anticipates," "believes," "estimates," "looks," "expects," "plans," "intends" and similar expressions. These statements reflect the Company's current beliefs and are based on information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company's actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These factors include, among others, the following: market acceptance of the Company's technology; the spending patterns of wireless network operators in connection with the build out of 2.5G and 3G wireless systems; the Company's immediate need and ability to obtain additional financing; the Company's need and ability to refinance its existing debt; the Company's history of net losses and the lack of assurance that the Company's earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company's ability to compete effectively against better capitalized competitors and to withstand downturns in its business or the economy generally; continued downward pressure on the prices charged for the Company's products due to the competition of rival manufacturers of front-end systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company's ability to attract and retain key personnel; the Company's ability to protect its intellectual property; the risks of foreign operations and the risks of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the Company's filings with the Securities and Exchange Commission, including those described under the heading "Risk Factors" in the Company's Annual Report on Form 10-K, as amended, filed by the Company with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
CONTACT:
Investor Relations
PHONE: 847-391-9492
INTERNET: iscoir@iscointl.com
Isco International Inc - Amended Annual Report (10-K/A)
Date : 04/29/2008 @ 2:58PM
http://ih.advfn.com/p.php?pid=nmona&cb=1209518286&article=26047688&symbol=A%5EISO
Form 8-K for ISCO INTERNATIONAL INC 25-Mar-2008
25-Mar-2008
Entry into a Material Definitive Agreement, Creation of a Direct Financial
Item 1.01 Entry into a Material Definitive Agreement.
On March 20, 2008, ISCO International, Inc. (the "Company") entered into an agreement (the "Assignment Agreement") with Grace Investments, Ltd. and Manchester Securities Corporation, entities which, with their affiliates, are the largest two shareholders of the Company and its lenders (the "Lenders"), which will allow the Company the ability to assign, or factor, its receivables. If the Company requests such a transaction and the Lenders agree, monies will be advanced to the Company based on the Company's trade receivables assigned to the Lenders. Under the Assignment Agreement, as the assigned accounts are collected by the Company (approximately 30 days from the date of invoice), the Company will promptly pay the lenders the amount of the collected account, plus interest at an implied annual rate of 10%. In connection with the Assignment Agreement, the Company and its Lenders agreed to a $500,000 advance with funding to occur March 20, 2008, and repayment expected during April 2008 upon collection of the assigned trade receivables. Future transactions would be subject to the desire of both the Company and Lenders.
The Assignment Agreement also releases the liens on the assigned trade receivables under the Fifth Amended and Restated Security Agreement dated January 31, 2008 among the Lenders, the Company and the Company's subsidiary concurrently with sale to the trade receivables to the Lenders.
The description of the Assignment Agreement is qualified by reference to the complete Assignment Agreement, a copy of which attached to this Current Report on Form 8-K as Exhibit 10.1, and which is incorporated herein by reference.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.
The information set forth in Item 1.01 of this Current Report is incorporated herein by reference.
Item 5.02 Election of Directors.
(d) On March 21, 2008, Mr. Gordon Reichard, Jr., the Company's Chief Executive Officer, was appointed to serve on the Board as a director to fill a vacancy on the Board created by the increase in Board size to eight members. Mr. Reichard will serve a term expiring at the next annual meeting of stockholders and until his successor has been elected and qualified.
Item 9.01. Financial Statements and Exhibits
The following exhibit is filed with this Form 8-K:
(d) Exhibit No. Description
10.1 Assignment Agreement between ISCO International,
Inc., Grace Investments, Ltd., and Manchester
Securities Corporation.
ISCO International Introduces Gordon Reichard, Jr. as CEO
Monday March 10, 10:52 am ET
ELK GROVE VILLAGE, IL--(MARKET WIRE)--Mar 10, 2008 -- ISCO International, Inc. (AMEX:ISO - News), a leading provider of radio frequency management and interference-control systems for the wireless telecommunications industry, today introduced Mr. Gordon Reichard, Jr. as ISCO's Chief Executive Officer.
Mr. Reichard has worked in several functions within the telecommunications and technology sectors, including President and GM at Ameritech, President, CEO and Founder of Telenisus, and Vice President of Marketing at Westell. Mr. Reichard began his career as an Electrical Engineer with Zenith Electronics, and then Product and Sales positions at US Robotics/3Com.
"We believe Gordon is very well suited to take ISCO, including the recently acquired Clarity, to the next level of performance," said ISCO's Interim Chief Executive Officer, Ralph Pini. "Gordon understands how to effectively market telecommunications products and services, including how to maximize product distribution through available sales channels. He brings precisely the skills we were looking for as we seek to grow the company."
"I am excited to be assuming the role as CEO of ISCO International," said Mr. Reichard. "ISCO competes in a growing wireless industry with a variety of unique, valuable software and hardware intellectual property. Globally, we see a continuous introduction of new wireless data services and applications in the service provider, public safety and commercial marketplaces that represent tremendous opportunity for new ISCO products and services."
Mr. Pini will return to his role as Chairman of the Board of Directors.
About ISCO International and Clarity Communication Systems
ISCO International (www.iscointl.com) is a leading global supplier of radio frequency management and interference-control systems for the wireless telecommunications industry and mobile operators. Clarity (www.claritycsi.com) specializes in the design, development and deployment of solutions for mobile devices and wireless networks. ISCO acquired Clarity during January 2008. Combined, the companies provide the wireless market with highly differentiated solutions, including adaptive interference management; PoC and PTx applications and hosted solutions; RF conditioning for all wireless technologies; location based applications and services; and novel, situational aware applications that combine both PoC and location enablement.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and incorporates by reference, certain "forward-looking statements" that reflect the Company's current expectations regarding the future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify these forward-looking statements by using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends" and similar expressions. These statements reflect the Company's current beliefs and are based on information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the Company's actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These factors include, among others, the following: the Company's ability to obtain current financing to sustain operations, market acceptance of the Company's technology; the spending patterns of wireless network operators in connection with the build out of 2.5G and 3G wireless systems; the Company's ability to obtain additional financing in the future; the Company's history of net losses and the lack of assurance that the Company's earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company's ability to compete effectively against better capitalized competitors and to withstand downturns in its business or the economy generally; continued downward pressure on the prices charged for the Company's products due to the competition of rival manufacturers of front-end systems for the wireless telecommunications market; the timing and receipt of customer orders; the Company's ability to attract and retain key personnel; and the effects of legal proceedings. A more complete description of these risks, uncertainties and assumptions is included in the Company's filings with the Securities and Exchange Commission, including those described under the heading "Risk Factors" in the Company's Annual Report on Form 10-K, as amended. You should not place undue reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this Report or to reflect the occurrence of unanticipated events.
Contact:
CONTACT:
Mr. Frank Cesario
PHONE: 847-391-9492
INTERNET: Email Contact
Today's news with Raytheon has caused quite a surge in both volume and share price. It will be interesting to see if the share price continues to hold.
Jan. 22, 2008 Clarity Communication Systems Inc. Announces
Expanded Portfolio of Push To Talk (PTT) Handsets
SIP based Push-To-Talk Solution Can be Downloaded to Many Existing Popular Cell Phones
AURORA, IL., Jan. 22, 2008 –Clarity Communication Systems Inc., recently acquired by ISCO International (AMEX:ISO), announced today that it has developed the technology to achieve a built-in PTT capability on phones that are not specifically designed for PTT. This PTT client software uses Qualcomm's standard BREW© Application Programming Interface, and can be certified for a wide variety of popular cell phones.
Previously, the cost to adapt a handset to support PTT capability was substantial, and the result was a strict limitation on the number of PTT handsets that could be offered by a mobile operator. With Clarity's innovations for their inTouch PTT Client, any handset that fully supports BREW version 3.1 or later can be certified for use with Clarity's inTouch PTT Solution, the industry's best performing Session Initiation Protocol based PTT solution.
"This is a breakthrough that overcomes the single, most often heard challenge to the adoption of PTT – the lack of PTT capable handsets" said Jim Fuentes, General Manager of Mobile Solutions for ISCO International. "With our inTouch PTT Client, popular phone models can now be used for instant PTT communications by simply downloading our application."
Cellular phones from multiple manufacturers are targeted by Clarity for release over the next few months. Each device will be thoroughly tested by Clarity and certified by Qualcomm for use prior to release. Handsets already certified include the Kyocera KX440 and KX12, and the Motorola 323i, L7C SLVR and W385. Handsets in certification testing are the Motorola K1M KRZR and Z6M ROKR.
"We are inviting our current and prospective customers to submit requests for the devices they want certified," said Bill Jenkins, Vice President of Product Management. "Our customers have been asking for this capability for a long time, and we're delighted that we've achieved the breakthroughs that allow us to bring it to them," he added.
About Clarity and ISCO International
Clarity (www.claritycsi.com) specializes in the design, development and deployment of solutions for mobile devices and wireless networks. ISCO International (www.iscointl.com) is a leading global supplier of radio frequency management and interference-control systems for the wireless telecommunications industry and mobile operators. Combined, the companies provide the wireless market with highly differentiated solutions, including adaptive interference management; PoC and PTx applications and hosted solutions; RF conditioning for all wireless technologies; location based applications and services; and novel, situational aware applications that combine both PoC and location enablement.
Qualcomm and BREW are copyrights of Qualcomm, Inc.
# # #
Clarity Contact:
Bill Jenkins
Vice President, Product Management
+1 630.499.1234 ext. 114
bjenkins@claritycsi.com
Media Contact:
Roderick Kelly
+1 630.264.8182 office
+1 630.650.6730 mobile
roderick@kellylodestro.com
Safe Harbor Statement
Because ISCO wants to provide investors with meaningful and useful information, this news release contains, and incorporates by reference, certain "forward-looking statements" that reflect ISCO's current expectations regarding the combined entity's future results of operations, performance and achievements. ISCO has tried, wherever possible, to identify these forward-looking statements by using words such as "anticipates," "believes," "estimates," "looks," "expects," "plans," "intends" and similar expressions. These statements reflect ISCO's current beliefs and are based on information currently available to it. Accordingly, these statements are subject to certain risks, uncertainties and contingencies, which could cause the combined entity's actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These factors include, among others, the following: market acceptance of the combined entity's technology; the spending patterns of wireless network operators in connection with the build out of ISCO's 2.5G and 3G wireless systems; ISCO's ability to obtain financing in the future if necessary; ISCO's history of net losses and the lack of assurance that ISCO's earnings will be sufficient to cover fixed charges in the future; uncertainty about the combined entity's ability to compete effectively against better capitalized competitors and to withstand downturns in its business or the economy generally; the risks of foreign operations; continued downward pressure on the prices charged for the combined entity's products due to the competition of rival manufacturers of front-end systems for the wireless telecommunications market; the timing and receipt of customer orders; ISCO's ability to attract and retain key personnel; the combined entity's ability to protect its intellectual property; the risks of legal proceedings; ISCO's to successfully integrate the combined entity. A more complete description of these risks, uncertainties and assumptions is included in ISCO's filings with the Securities and Exchange Commission, including those described under the heading "Risk Factors" in the Company's Annual Report on Form 10-K filed by ISCO with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements. Neither ISCO nor Clarity undertakes any obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date above or to reflect the occurrence of unanticipated events.
http://www.b2i.us/profiles/investor/ResLibrary.asp?ResLibraryID=23087&f=1&BzID=826&Nav=1&LangID=1&s=0&Category=135
Jan. 4, 2008 ISCO INTERNATIONAL AND CLARITY COMMUNICATION SYSTEMS CLOSE
MERGER
Elk Grove Village, IL (Jan. 4, 2008) -- ISCO International, Inc. (AMEX: ISO), a leading provider of
radio-frequency management and interference-control systems for the wireless telecommunications
industry, and Clarity Communication Systems Inc. (“Clarity”), a private company based in Aurora, IL
that sells value-added applications for mobile networks and devices, announced the closing of the
merger transaction in which ISCO acquired all of the outstanding shares of Clarity.
“As we stated previously, this move is about product, market and customer synergies that we believe
will be greater than the sum of its parts, help us accelerate the development of our complete digital
adaptive interference management (“AIM”) platform, and begin to address the OEM channels in both
infrastructure and handsets,” said Ralph Pini, Interim CEO of ISCO. “We thank our shareholders for
approving the transaction in last week’s special meeting, and look forward to rolling up our sleeves
and moving forward as a combined entity. First on the agenda is a presentation of the combined entity
to the marketplace, something we’ve put some effort into during recent weeks, as well as a variety of
product and business updates.”
“Now that this transaction is closed we can put 100% of the combined company’s energy behind
launching the combined company’s products and services,” said Jim Fuentes, Founder and CEO of
Clarity and director of ISCO. “Just from the planning stages I can see a clear and immediate benefit to
the combination of our sales, marketing and customer support resources.”
Aspects of Proposed Merger
ISCO will potentially issue up to an aggregate of 40 million shares of ISCO common stock in exchange
for all of Clarity’s stock and satisfaction of employee rights and interests. Of the total number of
shares, 20 million issued upon closing, 2.5 million would be issuable on each of the first and second
anniversary of closing (subject to certain conditions), and 15 million would be performance-based
shares, the vesting of which would be subject to the market capitalization of the combined entity
reaching certain thresholds in the future. ISCO issued $1.5 million in a new note to one of its lenders
in order to repay Clarity’s $1.2 million credit line and the $375,000 in seller’s closing costs as required
under the merger agreement.
Jim Fuentes, a member of ISCO’s Board of Directors since 2003, is President, CEO and Founder of
Clarity. He entered into an employment agreement with the combined entity in connection with the
merger.
About ISCO International
ISCO International, Inc. is a leading global supplier of radio frequency management and interferencecontrol
systems for the wireless telecommunications industry. By integrating state-of-the-art filtering,
duplexing and low noise amplifier technology, ISCO’s product portfolio is able to improve the
performance of new and existing cellular deployments. ISCO now offers software-based, adaptive filtering solutions targeted at increasing the performance of CDMA and WCDMA wireless systems
worldwide. For additional information on ISCO and digital Adaptive Notch Filters, as well as white
papers and presentations, please visit www.iscointl.com
About Clarity Communication Systems
Clarity Communication Systems Inc. is a leading provider of value-added applications for mobile
networks and devices, including “inTouch” Push-to-Talk (“PTT”), “WhereaboutsTM” location based
services (“LBS”), and its “Where2Talk™” solution, a combined PTT and LBS solution provided to
major OEMs and wireless operators globally. More information can be found on Clarity’s website:
www.claritycsi.com.
Safe Harbor Statement
Because the Company wants to provide investors with meaningful and useful information, this news release contains, and incorporates by
reference, certain "forward-looking statements" that reflect the Company's current expectations regarding the future results of operations,
performance and achievements of the Company. The Company has tried, wherever possible, to identify these forward-looking statements by
using words such as "anticipates," "believes," "estimates," “looks,” "expects," "plans," "intends" and similar expressions. These statements
reflect the Company's current beliefs and are based on information currently available to it. Accordingly, these statements are subject to
certain risks, uncertainties and contingencies, which could cause the Company's actual results, performance or achievements to differ
materially from those expressed in, or implied by, such statements. These factors include, among others, the following: market acceptance of
the Company’s technology; the spending patterns of wireless network operators in connection with the build out of 2.5G and 3G wireless
systems; the Company’s ability to obtain financing in the future if necessary; the Company's history of net losses and the lack of assurance
that the Company's earnings will be sufficient to cover fixed charges in the future; uncertainty about the Company’s ability to compete
effectively against better capitalized competitors and to withstand downturns in its business or the economy generally; continued downward
pressure on the prices charged for the Company’s products due to the competition of rival manufacturers of front-end systems for the
wireless telecommunications market; the timing and receipt of customer orders; the Company's ability to attract and retain key personnel;
the Company’s ability to protect its intellectual property; the risks of foreign operations; the risks of legal proceedings ;and the ability of the
Company to successfully integrate the combined entity. A more complete description of these risks, uncertainties and assumptions is included
in the Company's filings with the Securities and Exchange Commission, including those described under the heading "Risk Factors" in the
Company's Annual Report on Form 10-K filed by the Company with the Securities and Exchange Commission. You should not place undue
reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any
such forward-looking statements that may be made to reflect events or circumstances after the date above or to reflect the occurrence of
unanticipated events.
Web site: http://www.iscointl.com
http://www.claritycsi.com/docs/news_articles/merger.pdf
Raytheon JPS Communications and Clarity Communication Systems To Integrate Cellular Push-to-Talk and Land Mobile Radio Interoperability Devices
Wednesday February 27, 10:00 am ET
RALEIGH, N.C., Feb. 27, 2008 /PRNewswire/ -- Raytheon Company's (NYSE: RTN - News) JPS Communications has collaborated with Aurora, Ill.-based Clarity Communication Systems to integrate cellular push-to-talk and land mobile radio interoperability product offerings.
ADVERTISEMENT
Using this new technology, digital push-to-talk cellular users will now be able to instantaneously communicate with land mobile radio users without compromising voice quality and network efficiency. This capability will be marketed to cellular service providers and public safety, enterprise, utility, education and healthcare markets.
"Previously, we were able to integrate cellular phones with radios using voice activated switching once a call was established. Now, the cellular user gains direct control of the push-to-talk line on the radio for an immediate connection," said Keith McDonald, vice president of Sales and Marketing for Raytheon JPS Communications.
JPS Communications' radio interoperability products allow disparate communications devices to communicate. Using push-to-talk, connections can be made immediately with no dialing, ringing or waiting for a phone to be answered.
"By combining these technologies, digital push-to-talk cellular users can now simply press the push-to-talk button on their cell phone keypad to directly connect, or disconnect, to a land mobile radio," said Jim Fuentes, general manager for Clarity's
JPS Communications, the industry leader in radio interoperability technology, is a wholly-owned subsidiary of the Raytheon Company. JPS Communications designs, manufactures and sells electronic hardware and software products that enhance the effectiveness of communications systems.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning more than 85 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.
Note to Editors:
Clarity Communication Systems specializes in the design, development and deployment of solutions for mobile devices and wireless networks. Clarity also provides network infrastructure solutions and works with major telecommunications carriers and equipment providers to deliver a wide range of custom-built products. Founded in 1998, Clarity is headquartered in Aurora, Illinois, a Chicago suburb. For more information, visit http://www.claritycsi.com.
As of 2008, Clarity Communication Systems is part of ISCO International, Inc. (Amex: ISO - News) For more information on ISCO International, Inc., visit http://www.iscointl.com.
Contact:
Katie McWilliams
919.865.1036
katie.mcwilliams@jps.com
http://biz.yahoo.com/prnews/080227/new034.html?.v=42
keep an eye on this one. At this level, the stock usually dips back to the low 30s or make a quick run pass 40s. I think with the recent good news it will break .40 this week.
FYI eom Editor's Corner
November 13, 2006 · In: CDMA | Wireless Carriers | Wireless Internet | Wireless Regulation
http://www.fiercewireless.com/story/editor-s-corner/2006-11-13
All may not go well in the aftermath of Auction 66.
The $13.9 billion auction that concluded in September saw T-Mobile win the bulk of licenses, bidding $4.2 billion for 120 licenses that are vital for its third-generation competitive position against rivals. It's looking to build out a WCDMA/HSDPA network quickly and have services up and running in mid-2007. But the operator and others on a fast-track to deploy services may run into radio interference they weren't banking on.
ISCO International has been conducting tests in the country's major markets and says some of these cities are rife with RF interference. Yes, ISCO is a maker of equipment that eliminates interference in CDMA2000 and W-CDMA networks but it has validated these results with independent parties.
What's the problem? Operators are relying on information from the National Telecommunications and Information Administration and the Federal Communications Commission database, which consists of all of the known 1.7 and 2.1 GHz incumbent transmitters. The 1.7 GHz incumbents are all government users like the military, the FBI and the Department of Forestry and the 2.1 GHz band consists of about 5,700 licensed microwave links, according to Comsearch. The government database is basically a cross-reference and plot of all of the known transmitter sites, and carriers are using this information to relocate incumbents.
ISCO has been tabulating a significant amount of narrowband RF interference, primarily in the 1.7 GHz band, in some major markets. For instance, it's thought that there isn't a need to relocate incumbents in the Chicago market, but ISCO tests have picked up a hefty amount of RF interference. New York is a problem too.
"We don't know what is crowding these bands, but it doesn't show up on these public databases," said Neal Campbell, executive vice president of strategic marketing with ISCO. It could be that the paperwork never caught up with a lot of government operators. Now that's a shocker.
There's also another interesting twist to Auction 66. My friend Tammy Parker, editor and principal analyst at Informa, pointed out in a recent column that the FCC never set a deadline for service deployment in these bands, meaning some operators don't have to deploy services until they want to. Who might that be? The SpectrumCo consortium, consisting of Time Warner Cable, Comcast, Cox Communications and Bright House Networks, bid some $2.4 billion for 137 licenses but its owners have said they are quite content with simply holding on to the spectrum for the time being--probably until their joint venture with Sprint Nextel goes bad. It doesn't appear that Verizon Wireless and Cingular Wireless are in a hurry to deploy services in those bands either. -Lynnette
ISCO International Reports Record Revenue, Net Operating Income and Positive Cash Flow in Its Financial Results for the Third Quarter 2006
Thursday October 26, 4:10 pm ET
ELK GROVE VILLAGE, IL--(MARKET WIRE)--Oct 26, 2006 -- The third quarter of 2006 continued the trend of significant improvement in business results for ISCO International, Inc. (AMEX:ISO - News), a leading global supplier of radio-frequency management and interference-control systems for the wireless telecommunications industry, Chief Executive Officer John Thode announced. ISCO posted higher revenue through September 2006 than had been achieved during all of 2005.
Thode added that 2005 had seen the best four revenue quarters in company history, now exceeded twice in 2006 and on a cumulative basis with a quarter remaining in the year. Third quarter performance included a positive net income from operations and a positive contribution to overall cash flow of $0.5 million (see non-GAAP measure discussion below). He also announced progress in several areas that should further strengthen ISCO's competitive position in 2007.
Third Quarter
ISCO International's revenue for the third quarter of 2006 more than tripled to $6.4 million from $2.0 million in third quarter of 2005. ISCO entered the fourth quarter with approximately $1 million in order backlog, as compared to negligible backlog at the same point last year. Net loss for the third quarter 2006 improved by approximately 70 percent to $0.2 million from the $0.6 million loss of the third quarter 2005.
Excluding non-cash items, third quarter 2006 showed a profit of $0.5 million. Of the $0.2 million in third quarter net loss, non-cash items (including certain equity related compensation charges, depreciation and amortization, and accrued interest) accounted for $0.7 million, or $0.5 million more than the entire net loss (see non-GAAP discussion measure below).
Product gross margins remained consistent at 40% for the third quarter and first nine months of 2006. While still far higher than industry standards, margins were below the 62% achieved during the third quarter 2005 and 50% for the first nine months of 2005.
For the nine months ended September 30, 2006, revenue was $11.2 million, up from $7.8 million for the same period of 2005, with a net loss of $3.1 million and $1.9 million, respectively. The combination of non-cash items including certain equity-related compensation charges, patent-related expenses, depreciation and amortization and accrued interest was approximately $1.8 million for each nine month period.
"We have previously shared the expectation that the first half of 2006 would be similar to prior performance, with the second half accelerating to a higher level," Thode said. "With the Company's strong Q3 revenue growth we covered all of our operating and development costs, plus a portion of our financing costs, and generate a positive cash flow -- all during a time of significant challenge for many in the industry."
Looking beyond the end of 2006, Thode said that the Company is continuing to execute the strategic plan it put in place 18 months ago. The plan called for significantly expanding the Company's customer touch points to identify and target specific growth opportunities in its core 'customized' RF after-markets products segment while simultaneously developing a highly differentiated and defensible portfolio of software-controlled, digital adaptive interference management products.
Thode added, "We have shared our expectations that this strategy would enable us to significantly grow the Company's top and bottom line over the next several years and it is exciting to begin to see the results. While it will continue to be an ongoing balance, through the end of 2007, to achieve our sequential growth objective while simultaneously investing to complete the transformation of our business, we believe we have demonstrated in Q3 that we are up to the challenge."
ISCO International Announces $6 Million in Third Quarter Revenue
Tuesday October 3, 9:35 am ET
ELK GROVE VILLAGE, IL--(MARKET WIRE)--Oct 3, 2006 -- ISCO International, Inc. (AMEX:ISO - News), a leading global supplier of radio-frequency management and interference-control systems for the wireless telecommunications industry, provided an update on its fiscal third quarter.
"We designed our outsourced manufacturing process to be extremely flexible, with no practical ceiling outside the supply of raw materials, something that can be ramped up in fairly short order," said John Thode, President and Chief Executive Officer of ISCO. "The strength of our model should be more evident than ever today. We shipped approximately $6 million of solutions to our customers during the third quarter, thus continuing our trend of substantial improvement and expansion."
"Our third quarter saw record customer orders and shipments. We entered the third quarter with $1.8 million in backlog, recorded approximately $6 million in revenue during the third quarter, and go into the fourth quarter with approximately $1 million in backlog," said Thode. "We expect to release more detailed financial results during the week of October 23rd."
ISCO International to Present at Equities Magazine Transatlantic Conference Series -- New York, London, and Milan
Monday August 21, 11:30 am ET
ELK GROVE VILLAGE, IL--(MARKET WIRE)--Aug 21, 2006 -- ISCO International, Inc. (AMEX:ISO - News), a leading global supplier of radio-frequency management and interference-control systems for the wireless telecommunications industry, announced its participation in the upcoming Transatlantic Conference Series hosted by Equities Magazine, a 55-year-old publication and investor awareness company. The first session will be held at the American Stock Exchange in New York on September 15th, 2006, then on to the London Stock Exchange on September 18th and finally to the Borsa Italiana exchange in Milan on September 20th.
American Stock Exchange CEO, Mr. Neal Wolkoff, will be the keynote speaker in New York, along with the Head of Equities, Mr. John McGonegal. The London session will feature Mr. Martin Graham, Director of the AIM Exchange. Finally, the Milan session will feature Borsa Italiana CEO Massimo Capuano. ISCO is delighted to be one of twelve companies presenting at these events. These forums are by invitation-only and attended by analysts, portfolio managers, market makers, fund managers, and other professionals in the field.
Unprecedented cellular growth and increasing system complexity have led to dynamic interference environments for global wireless operators. The industry has struggled in its ability to deal with interference issues as the predominant sources of inter-technology interference are random and varying in nature, and typically change by day, time, frequency and amplitude due to changes in topology, cell-loading, site additions and competitive systems.
"With the worldwide launch of the digital ANF platform ("dANF"), we at ISCO International have taken the next step in our overall strategy of bringing highly differentiated, software-based Adaptive Interference Management ("AIM") products to the wireless industry. The overlay of data-centric networks has multiplied the problem, and the need for a solution, exponentially," said Neal Campbell, Executive Vice President, Next Generation Products. "We look forward to sharing our innovative solutions and products with the global investment community through Equities Magazine's Transatlantic Conference Series."
The dANF technology is compatible with all spread spectrum-based wireless technologies (CDMA, UMTS, WiFi). The product integrates seamlessly with all wireless infrastructure manufacturers' cell site equipment. Importantly, due to the flexible Linux architecture, it is possible to future proof carrier networks from new types and modes of interference as new wireless technologies are introduced. The digital Adaptive Notch Filter can provide significant performance gains for voice, and perhaps more importantly, data networks challenged by intensive real-time applications impaired by in-band interference. The ISCO adaptive interference management (AIM) platform provides the foundation for future applications of software-based filtering in WiMax, and other 4th Generation wireless systems.
A link to the conference:
http://www.equitiesmagazine.com/corporate-conference. php
ISCO International Announces Quarter Update
Friday September 8, 9:45 am ET
ELK GROVE VILLAGE, IL--(MARKET WIRE)--Sep 8, 2006 -- ISCO International, Inc. (AMEX:ISO - News), a leading global supplier of radio-frequency management and interference-control systems for the wireless telecommunications industry, provided an update on its fiscal third quarter.
ADVERTISEMENT
"We entered the third quarter with a healthy $1.8 million backlog, and have received more than $3 million in new orders thus far during the third quarter," said John Thode, President and Chief Executive Officer of ISCO. "We look to continue our trajectory and exceed expectations with a strong third quarter.
"This is what we have been talking about for the past year -- growing the existing business while investing in significant growth initiatives. We are seeing the first of those initiatives now in the marketplace with our digital ANF platform (dANF), and recently funded development activities for a fully digital product that we expect to greatly expand our addressable market. Based on feedback thus far, we believe the marketplace has both the need and interest for this type of solution," said Thode.
This sounds like it is right up ISO's alley:
http://news.yahoo.com/s/ap/20060809/ap_on_go_ot/selling_the_airwaves
Email fro0m Frank (4 Ratings) 30-Jul-06 08:31 pm As you can see from Franks answer, ISCO is still working to close the big PCS order, AND there is STILL a lot of the $5M LOI to be ordered by 2006 end!
And that LOI balance is NOT counted in the backlog!
Also if ISCO had gotten those orders 2-3 weeks earlier, we would have seen a SIX MILLION Q2!!
Yes, ther loss was greater, but THATS the cost of Revving up to greater Sales!
So the potential for a BLOW-OUT Q3/4 is VERY possible!
EMAIL from FRANK Fri. 7/28/2006
Hi!
PCS - we are selling PCS products, but as you can see the largest opportunity we have been pursuing didn't close thru Q2. If it were mine to tell you it would have closed and shipped by now, but these are large customers and when they make changes (internal structure, project book, ... everything) we have to ride it out with them and keep things moving.
LOI - What I told people in June and early July when they asked about this subject was that we did have sales to that customer included in our figures. We only count received orders in backlog, not forecasts or other expectations, regardless of whether we have documentation of the commit. So only orders received from the LOI customer were included in backlog. Since we don't report sales by customer it's tough to go further, but I have acknowledged that it would be odd to announce an annual forecast in April and then ship the majority of it within a month or two.
RFP - You've got it basically right. Late summer timeframe. All we know today is that we are a finalist.
Take care,
Frank
------------------------------------------------------- -------------------------
From:
Sent: Fri 7/28/2006 7:34 AM
To: Cesario, Frank
Subject: RE: isco international reports financial res...
Frank, Congratulations on Q2 to all of you. Expected it to be slow.
Anything new on the PCS opportunity ? Is it still viable and approx. when if so?
How much of the $5M LOI iwas part of Q2 and the backlog?
Are you considering the balance of the LOI as backlog?
Regarding the RFP, late summer, is that Late Aug or early Sept, and have they given you a date?
Again, thank John and everyone for a great Q2 and, hopefully, for Double that in Q3!!
Sentiment : Strong Buy
Q2 Financials out.
Revenue and Net Loss are better than last quarter, but not as good as Q2 2005.
So what does that do to the PPS tomorrow?
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=4556530&Type=HTML
That's me that pushed the close up to 0.34 (a whole 400 shares).
That was kinda fun, never done that before, made my impact on the daily chart.
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ISCO International makes noise filters for wireless telephone & data networks, advertising performance on par with high-temperature superconducting filters at a lower price, and their unique in-band filter. The two major product lines are the RF2 series of filters for handling cross-band interference, and the Adaptive Notch Filter series for handing in-band interference.
[chart]investorshub.advfn.com/boards/images/new.gif[/chart] Updated website 10/08
Website: http://www.iscointl.com/.
Address: 1001 Cambridge Drive,
Elk Grove Village, IL 60007
Telephone: (847) 391-9400 Fax: (847) 299-9609
Email: iscoir@iscointl.com
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