The office workstation is the extension of a person’s workspace. It can facilitate processes to provide added efficiency and comfort. In the fast-changing world of work style and dynamics, office system furniture in Singapore is a primary catalyst to set the tone of work and facilitate office processes.

if you went more just see hear :OPEN CONCEPTS office workstation in Singaporee

Looks like they are getting their debt under control, well better then what it was. I have a very small position @ .13, its nice to see that puppy grow a little. I hope for good things down the road, as I took a loss in one acct before taking that small position in another acct.

Zeed

Looks like they are getting their debt under control, well better then what it was. I have a very small position @ .13, its nice to see that puppy grow a little. I hope for good things down the road, as I took a loss in one acct before taking that small position in another acct.

Zeed

Enablence Technologies Finalizes Sale of Teledata
Date : 04/18/2012 @ 9:15AM
Source : MarketWire Canada

Enablence Technologies Finalizes Sale of Teledata
PrintAlert
Enablence Technologies Inc. ("Enablence" or the "Company") (TSX VENTURE:ENA), a
leading supplier of optical components and subsystems for telecommunication
access, metro and long-haul markets, announced today that it had completed the
sale of Teledata Networks Ltd. ("Teledata") previously announced on March 14,
2012. Teledata has been sold to a special purpose vehicle established by Taldan
Capital Limited (the "Acquirer") for a nominal cash payment, and the assumption
by the Acquirer of the estimated $2.8 million working capital liability of
Teledata.

About Enablence Technologies Inc.

Enablence Technologies Inc. is a publicly traded company (TSX VENTURE:ENA) that
designs, manufactures and sells optical components and subsystems to a global
customer base. It utilizes its patented technologies including planar lightwave
circuit ("PLC") intellectual property in the production of an array of photonics
components and broadband subsystems that deliver a key portion of the
infrastructure for next-generation telecommunication systems. The Company's
product lines address all three segments of optical networks: access, connecting
homes and businesses to the network; metro, communication rings within large
cities; and long-haul, linking cities and continents. For more information,
visit www.enablence.com.

About Taldan Capital Limited

Taldan Capital Limited is a private equity group based in Israel and the US,
focused on acquiring companies that have fundamental technological leadership in
their respective sectors and have the potential to become cornerstone platform
businesses with Taldan's insights, industry-specific resources, and operational
experience. For additional information, visit www.taldancapital.com.


Forward-looking Statements

This press release may contain forward-looking statements, in particular with
respect to the disposition of Teledata, the strategic alternatives and
divestiture of the Systems segment that are made as of the date hereof and are
based on current expectations, forecasts and assumptions which involve risks and
uncertainties associated with our business and the economic environment in which
the business operates. All such statements are made pursuant to the 'safe
harbour' provisions of, and are intended to be forward-looking statements under,
applicable Canadian securities legislation. Any statements contained herein that
are statements of historical facts may be deemed to be forward-looking
statements. By their nature, forward-looking statements require us to make
assumptions and are subject to inherent risks and uncertainties. We caution our
readers of this press release not to place undue reliance on our forward looking
statements as a number of factors could cause actual results or conditions to
differ materially from current expectations. Please refer to the risks set forth
in the Company's continuous disclosure documents that can be found on SEDAR
www.sedar.com. Enablence does not intend, and disclaims any obligation, except
as required by law, to update or revise any forward looking statements whether
as a result of new information, future events or otherwise.

http://ih.advfn.com/p.php?pid=nmona&article=52050340

Well, in a month, we've gained a penny. Market cap 25.66M. .. mo .. nic

$0.04 and market cap down to $18.66 million. Steadily dropping yet still holding for a good run later down the line. .. nic

Market cap down to 21M. 4 1/2 pennies is not looking good. mo.. nic

Need some news for this one to move. doh!! mo.. nic

Peter Dey and John Roland Appointed as Directors of Enablence Technologies
Date : 11/03/2011 @ 5:00PM

Enablence Technologies Inc. ("Enablence" or the "Company") (TSX VENTURE:ENA), a
leading supplier of optical components and subsystems for access, metro and
long-haul markets, today announced the appointment of Messrs. Peter Dey and John
Roland as directors of the Company. Mr. Dey was elected Chair of the Board,
replacing Arvind Chhatbar in that role. Mr. Chhatbar will continue as a director
of Enablence.

"We are very fortunate to have two individuals of such stature joining our
Board," said Arvind Chhatbar. "I am also pleased that Peter has agreed to become
the Chair of the Board of Enablence, allowing us to benefit from his skills and
knowledge especially in matters of governance and the development of growth
strategies. Both Peter and John bring a wealth of expertise in corporate
governance, corporate transactions and business acumen."

Peter Dey is the Chairman of Paradigm Capital Inc., serves on the boards of Gold
Corp, MI Developments and Coventree Inc. and is a former Chairman of the Ontario
Securities Commission. John Roland is a former senior litigation partner of
Osler, Hoskin & Harcourt.

About Enablence Technologies Inc.

Enablence Technologies Inc. is a publicly traded company (TSX VENTURE:ENA) that
designs, manufactures and sells optical components and subsystems to a global
customer base. It utilizes its patented technologies including planar lightwave
circuit ("PLC") intellectual property in the production of an array of photonics
components and broadband subsystems that deliver a key portion of the
infrastructure for next-generation telecommunication systems. The Company's
product lines address all three segments of optical networks: Access, connecting
homes and businesses to the network; Metro, communication rings within large
cities; and Long-haul, linking cities and continents. For more information,
visit www.enablence.com.

http://ih.advfn.com/p.php?pid=nmona&article=49800772

Enablence Technologies Inc. Announces Results for the Three and Fourteen Months Ended June 30, 2011

Date : 10/20/2011 @ 5:00PM
Source : MarketWire Canada
Stock : Enablence Technologies Inc. (ENA)


Enablence Technologies Inc. Announces Results for the Three and Fourteen Months Ended June 30, 2011
print
Enablence Technologies Inc. ("Enablence" or the "Company") (TSX VENTURE:ENA), a
leading supplier of optical components and subsystems for access, metro and
long-haul markets, announced today financial results for its fiscal year end,
the fourteen months ending June 30, 2011.


Highlights

The highlights during the quarter and fiscal year include:



-- Increased year-over-year revenues by 41% (after normalizing for the
longer fiscal year and the impacts of foreign exchange)
-- Improved year-over-year gross margins from 21% to 27%;
-- Invested US$3.5 million to establish a 49% share in a joint venture in
China ("China JV") which has an enterprise value of US$18 million;
-- Initiated the planned divestiture of the Systems segment;
-- Raised $10.0 million in gross proceeds to fund continuing operations
through the issuance of common shares;
-- Raised US$3.5 million through a secured note payable to fund the China
JV; and
-- Completed the integration of the polymer-based production operations
from Wilmington Massachusetts to the Company's operation in Fremont,
California, which is expected to generate $1.0 million in cost savings
per year;



In September 2011, the Company sold the majority of its United States ("US")
based Systems segment through two asset sale transactions. Enablence sold part
of the Systems segment, primarily the Trident7(TM) universal access platform, to
Aurora Networks, Inc. for a total purchase price of US$5.1 million comprised of
US$2.75 million of cash and the transfer of certain liabilities and contingent
liabilities. The cash portion of the purchase prices includes a US$0.75 million
holdback, while US$2.0 million of the cash portion of the purchase price was
received on September 15, 2011. Enablence also sold the MAGNM(TM) FX product
line by divesting certain assets, including $0.2 million of cash and
transferring certain liabilities totaling $0.4 million to FX Support, LLC.


Financial and Operating Results

On July 25, 2010 the Company changed its year end from April 30 to June 30,
2011. Accordingly, the current fiscal period covers the fourteen months from May
1, 2010 to June 30, 2011, while the prior year comparison is for the twelve
months ended April 30, 2010.


On April 28, 2011 the Company announced its plans to exit the Systems segment.
As a result, the operating results from the Systems segment have been
reclassified as discontinued operations. The current and historical financial
results have been restated to remove the results of the Systems segment and
report them as discontinued operations.


The following chart highlights the key financial results for the periods
indicated ($000's, except per share data):




Three Three Fourteen Twelve
months months % months months %
June 30, April 30, June 30, April 30,
2011 2010 Change 2011 2010 Change
----------------------------------------------------------------------------
Revenues $ 5,465 $ 6,925 -21% $ 35,300 $ 23,448 51%
Gross Margin 1,096 1,751 -37% 9,632 4,955
Gross Margin
% 20% 25% 45% 27% 21% 39%
Net loss from
Continuing
Operations $ (3,377)$ (5,386) -37% $ (10,148)$ (14,476) -30%
Loss from
Discontinued
Operations (37,687) (3,245) 1061% (91,968) (18,098) 408%
---------------------- ----------------------
Net loss $ (41,064)$ (8,631) 376% $ (102,116)$ (32,574) 213%
---------------------- ----------------------

Basic &
diluted loss
per share
Continuing
Operations $ (0.01)$ (0.02) -55% $ (0.03)$ (0.05) -40%
Discontinued
Operations (0.08) (0.01) 736% (0.23) (0.07) 229%
---------------------- ----------------------
Net loss per
share (basic
& diluted) (0.09) (0.03) 243% (0.26) (0.12) 117%
---------------------- ----------------------

Adjusted
EBITDA(i) $ (1,811)$ (1,570) 15% $ (3,603)$ (6,263) -42%
---------------------- ----------------------



(i) Adjusted EBITDA is a non-GAAP financial measure. Adjusted EBITDA comprises:
Net loss excluding the following - loss from discontinued operations, interest
income and expense, income tax recovery and expense, depreciation and
amortization, asset impairment charges, stock-based compensation expense and
restructuring charges. A reconciliation of Adjusted EBITDA with Net loss is
reported in the Company's Management Discussion & Analysis, filed today on
sedar.com. Management uses Adjusted EBITDA as one measure to evaluate the
performance of the continuing operations of the business.


Revenues for the fourteen months ending June 30, 2011 ("Current Fiscal Year")
increased by $11.9 million, or 51% compared to the twelve months ending April
30, 2011 ("Prior Fiscal Year"). After removing the effects of the additional two
months in the Current Fiscal Year and the effects of foreign exchange, revenue
increased by 41% year over year. This increase was driven by a growth in sales
from arrayed waveguide grating ("AWG") products, multiplexer and demultiplexer
("VMUX") products and photodiodes. Revenues for the quarter ending June 30, 2011
("Current Quarter") decreased by $1.5 million or 21% compared to the quarter
ending April 30, 2011 ("Prior Year Quarter"). This decrease was driven by a
slow-down in demand for AWG and VMUX optical components as there was a general
market slowdown, in part to consume inventory in the quarter. The decrease in
optical components was offset slightly by growth in photodiode revenue, which
increased by 27% over the prior year quarter. Changes in foreign exchange rates
accounted for 2% of the decline.


Gross margin increased 6 points from 21% of revenues in the Prior Fiscal Year to
27% of revenues in the Current Fiscal Year. Gross margin was positively impacted
by 5 points due to the growth in volume, as fixed overheads are spread over more
revenue. The Company was able to offset the impact of price erosion with
improved production costs and shifts in product mix, including growth in the
Company's revenue from engineering services. Gross margin for the Current
Quarter was 20%, compared to 25% in the Prior Year Quarter. The decrease from
the Prior Year Quarter is due to the decrease in volume, combined with
approximately $0.4 million of inventory related charges taken in the Current
Quarter.


The net loss from continuing operations improved by 30% from the Prior Fiscal
Year due to the growth in revenue and margin. Operating expenses increased by
$1.8 million, offset by a decrease in other expenses of $1.5 million. The Prior
Fiscal Year included a $1.6 million impairment charge on intangible assets. The
net loss from continuing operations in the Current Quarter was $3.4 million, a
$2.0 million improvement over the Prior Year Quarter. The Prior Year Quarter
includes $1.8 million of restructuring costs, compared to the Current Quarter
restructuring costs of $0.4 million.


The net loss from discontinued operations was $92.0 million in the Current
Fiscal Year, compared to $18.1 million in the Prior Fiscal Year. The Current
Fiscal Year includes $60.0 million of impairment charges related to goodwill and
intangibles, compared to $2.8 million in the Prior Fiscal Year. The Current
Fiscal Year also includes $7.4 million of restructuring and $1.1 million of
inventory write-offs relating to the sale of the parts of the US Systems segment
and the announcement of the planned divestiture. The net loss from discontinued
operations was $37.7 million in the Current Quarter, compared to $3.2 million in
the Prior Year Quarter. The Current Quarter includes $22.7 million of impairment
charges related to goodwill and intangibles, compared to $nil in the Prior Year
Quarter. The Current Quarter also includes $7.4 million of restructuring and
$1.1 million of inventory write-offs relating to the sale of the parts of the US
Systems segment and the announcement of the planned divestiture.


Adjusted EBITDA (a non-GAAP measure) was a $3.6 million loss for the Current
Fiscal Year, compared to a $6.3 million loss in the Prior Fiscal Year. The $2.8
million improvement in Adjusted EBITDA was due to increased revenue and improved
gross margin. Adjusted EBITDA (a non-GAAP measure) was a $1.8 million loss for
the Current Quarter, compared to a $1.6 million loss in the Prior Year Quarter,
due to the decline in revenue.


Cash Position

Enablence's cash and cash equivalents were $10.0 million at June 30, 2011 ($11.5
million including $1.5 million held in discontinued operations) as compared to
$23.4 million at April 30, 2010. This net decrease of $11.9 million was the
result of using $10.1 million in continuing operations, $21.8 million in
discontinued operations, $4.8 million in investing activities (including the
US$3.5 million investment in the joint venture in China), $10.8 million in
investing activities in discontinued operations (including $9.5 million from
acquiring Teledata Networks Ltd), offset by $6.0 million from additional debt
and $30.4 million for the sale of common shares.


China Joint Venture

Enablence plans to grow its revenue in part through its investment in a joint
venture with Sunsea Telecommunications Co. Ltd. (the "JV Partner") that will
operate in China, named Foshan Sunsea-Enablence Optoelectronics Technology Co.,
Ltd (the "China JV"). The JV Partner owns 51% of the China JV, and Enablence
owns a 49% interest. The China JV will develop, manufacture and sell optical
components based primarily on Enablence's PLC technology. This will allow
Enablence to leverage its technology into the Chinese market, and provide
Enablence with access to a low cost manufacturing base.


The initial investments by the China JV partners total US$18.0 million as follows:



-- US$9.2 million by the JV Partner, all in cash
-- US$8.8 million by Enablence, comprising:
-- US$3.5 million in cash, paid on May 12, 2011;
-- US$1.0 million of capital equipment; and,
-- US$4.3 million in intellectual property and know-how



The Company is in process of transferring the capital equipment and the
intellectual property and know-how. The Company expects to complete the transfer
during its quarter ending December 31, 2011.


In conjunction with the initial funding of the China JV, on May 10, 2011,
Enablence finalized a note payable with a U.S. bank, with a principal amount of
US$3.5 million. As partial consideration for the loan, the Company issued to the
bank warrants to purchase up to 400,000 common shares of Enablence, at an
exercise price of $0.22 per share, expiring April 9, 2013.


Divestiture of Systems Segment - Update

On April 28, 2011, the Company announced that it had begun an initiative to
explore strategic alternatives to achieve the most value-enhancing and efficient
divestiture of the Systems segment. The decision to divest the Systems segment
will allow management to focus on the optical components business. The Company
has retained an investment banker to assist in the evaluation of alternatives
such as a sale, partial sale or closure. Management originally anticipated the
transaction or transactions to be completed prior to September 30, 2011. While
the majority of the US based Systems segment was sold on September 15th, the
Company continues to pursue its alternatives with respect to Teledata and its
remaining US Systems business. Management believes these transactions can be
completed by December 31, 2011, however there can be no assurance as to the
likelihood, terms or timing of any transaction.


Outlook

The Company expects revenue to improve in future quarters compared with the June
30, 2011 quarter, as the Company's customers resume their buying pattern. The
Company will be introducing its multi-channel 100G optical components, including
transmitter/receiver optical sub-assembly ("TOSA/ROSA") among other products
during fiscal 2012, and the joint venture is expected to start operations in the
quarter ending December 31, 2011 and generate revenue in the quarter ending
March 31, 2012.


"While the market slowdown is disappointing, we believe we are well positioned
to participate when spending returns, as well as grow faster than our markets
through the introduction of our 100G TOSA/ROSA chip, launching the China JV and
expanding our addressable market into datacom and packaged photodiodes. Our
challenge continues to be the divestiture of the remaining Systems business
while preserving as much cash as possible to fund our growth initiatives," said
Chief Executive Officer, Tim Thorsteinson. "When we have completed the
divestiture, our ability to focus on our optical components business will, we
believe, provide the most shareholder value", he added.


The Company will host a conference call on Friday, October 21, 2011 between 9:00
a.m. and 10:00 am EDT. All interested parties should call 416-340-8061 /
1-866-225-0198. Management will respond to questions from analysts on this call.


About Enablence Technologies Inc.

Enablence Technologies Inc. is a publicly traded company (TSX VENTURE:ENA) that
designs, manufactures and sells optical components and subsystems to a global
customer base. It utilizes its patented technologies including planar lightwave
circuit ("PLC") intellectual property in the production of an array of photonics
components and broadband subsystems that deliver a key portion of the
infrastructure for next-generation telecommunication systems. The Company's
product lines address all three segments of optical networks: Access, connecting
homes and businesses to the network; Metro, communication rings within large
cities; and Long-haul, linking cities and continents. For more information,
visit www.enablence.com.


Forward-looking Statements

This press release may contain forward-looking statements, in particular with
respect to the current and future revenue, the strategic alternatives and
divestiture of the Systems segment, the funding of the joint venture in China
and the revenue, margins, profitability and future growth of the continuing
operations (including the joint venture) that are made that are made as of the
date hereof and are based on current expectations, forecasts and assumptions
which involve risks and uncertainties associated with our business and the
economic environment in which the business operates. All such statements are
made pursuant to the 'safe harbour' provisions of, and are intended to be
forward-looking statements under, applicable Canadian securities legislation.
Any statements contained herein that are statements of historical facts may be
deemed to be forward-looking statements. By their nature, forward-looking
statements require us to make assumptions and are subject to inherent risks and
uncertainties. We caution our readers of this press release not to place undue
reliance on our forward looking statements as a number of factors could cause
actual results or conditions to differ materially from current expectations.
Please refer to the risks set forth in the Company's continuous disclosure
documents that can be found on SEDAR www.sedar.com. Enablence does not intend,
and disclaims any obligation, except as required by law, to update or revise any
forward looking statements whether as a result of new information, future events
or otherwise.
http://ih.advfn.com/p.php?pid=nmona&article=49617911

Seems as the stock has been flatlining for awhile. .. nic

Nice run from a nickel to a dime in the last 5 or 6 trading days. .. nic

Enablence Technologies Completes Previously Announced Sales
Press Release Source: Enablence Technologies Inc. On Thursday September 15, 2011, 5:27 pm EDT

TORONTO, ONTARIO--(Marketwire - Sept. 15, 2011) - Enablence Technologies Inc. ("Enablence" or the "Company")(TSX VENTURE:ENA - News), a leading supplier of optical components and subsystems ("OCS") for access, metro and long-haul markets and fiber-to-the-home ("FTTH") equipment announced today that it has closed the two sales transactions that were announced on August 29, 2011. Enablence and certain of its subsidiaries have sold part of Enablence's Systems business, primarily the Trident7(TM) Universal Access Platform for delivery of FTTP services through optical networks to Aurora Networks, Inc. for a total purchase price of $5.1 million, comprised of $2.75 million of cash and the assumption of certain liabilities and contingent liabilities. The cash portion of the purchase prices includes a $0.75 million holdback, while $2.0 million of the cash portion of the purchase price was paid today. In addition, Enablence and certain of its subsidiaries have sold its MAGNM(TM) FX product line, by divesting certain assets, including $0.18 million of cash and transferring certain liabilities totaling $0.44 million to FX Support, LLC.

"This is an important step in repositioning the Company to focus on our core components business," said Tim Thorsteinson, CEO of Enablence.

About Enablence Technologies Inc.

Enablence Technologies Inc. is a publicly traded company that designs, manufactures and sells optical components and subsystems for access, metro and long-haul markets to a global customer base and fiber-to-the-home (FTTH) equipment. Enablence delivers a key portion of the infrastructure for next-generation telecommunication systems. The Company's product lines address all three segments of optical networks: Access, connecting homes and businesses to the network; Metro, communication rings within large cities; and Long-haul, linking cities and continents. For more information, visit www.enablence.com.

About Aurora Networks

Aurora Networks, the No. 1 optical transport solutions provider for cable operators, is evolving cable by focusing on innovative solutions that build future-proof networks to accommodate the cable subscriber services of today and tomorrow. Using its proven understanding of cable networks, Aurora Networks delivers unique solutions - such as its Fiber Deep architecture and universal digital return technology - to address specific issues of the cable industry. A technology leader driven by innovation and industry-firsts, Aurora Networks enables leading cable operators across the globe to compete with a cost-effective, optimized launch pad for next-generation cable services. To learn more about Aurora Networks' core cable solutions, please call 408-235-7000 or visit www.aurora.com.

About FX Support, LLC

FX Support consists of the same Inteleflex engineers and customer support personnel that have been supporting Inteleflex customers since 1999. The Inteleflex platform provides excellent POTS, ADSL2+, T1, and special services with integrated optical or T1 transport. For sales, please call (972) 633-1897, and for support, please call (972) 633-1899.

Forward-looking Statements

This press release may contain forward-looking statements, in particular with respect to the disposition of the Trident 7 and FX product lines that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution our readers of this press release not to place undue reliance on our forward looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's continuous disclosure documents that can be found on SEDAR www.sedar.com. Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
http://finance.yahoo.com/news/Enablence-Technologies-ccn-894157421.html?x=0&.v=1

Well, last 5 months has shown a 25 cent drop and now worth a nickel. Looks like Enablence needs more like a pole "vault" rather than a "bounce" .. nic

Enablence Technologies Provides Update on Strategic Alternatives Process for the Systems Division
http://ih.advfn.com/p.php?pid=nmona&article=48989168

Well, Enablence tech has been a difficult one to hold. Stayed around 30 cents for a good many days and since a gradual decline to less than $0.10. Going to be a tough one to come out on, I believe. .. nic

Back when the S/P was 30 cents, I was looking for a big bounce. :>) .. nic

Hey stockhouse, I haven't purchased any shares for awhile and have been basically watching this thing drop like a rock absent much information from the company or any other news. I've shares I've set aside, but haven't followed this one for awhile.

Agree on your gamble at 10 cents a share being a bargain if a restructuring is in the works. Do you have current information or a link with regard to the sale of that division and also anything on james .22 target? Tia and also good luck on your purchase. mo .. nic

I bought more today, raymond james has this targeted for $.22, all it has to do now is sell their money-losing systems division and you've got a profitable, growth driven company that was once the darling of the silicon valley of Canada.

You can buy this at $.10 right now.

Worth a gamble? You bet.

Lots of speculation why this one is in a dive, but not doing it on any specific news that I can find, but dive bombing it is. Lots of investors in over the .20's so losing bugu bucks right here. Interesting to see how this one plays out. mo. .. nic

ELEVEN MONTHS ENDED MARCH 31, 2011

ENABLENCE TECHNOLOGIES INC. ANNOUNCES RESULTS FOR THE THREE AND ELEVEN MONTHS ENDED MARCH 31, 2011

May 30, 2011

Toronto, Canada – May 30, 2011 Enablence Technologies Inc. (“Enablence” or the “Company”) (TSX VENTURE:ENA), a leading supplier of optical components and subsystems (“OCS”) for access, metro and long-haul markets and fiber-to-the-home (“FTTH”) equipment and multi-services access platform for triple-play residential and business services (“Systems”), announced today financial results for the three and eleven months ending March 31, 2011.

The highlights during the quarter include:
•Generated $8.2 million in revenue from its OCS segment, an increase of 18% over the prior year quarter;
•Generated 33% gross margin in OCS for the second consecutive quarter, up from 25% in the prior year quarter;
•the OCS segment reported positive Adjusted EBITDA (a non-GAAP measure) of $0.9 million;
•Began the physical move from Wilmington to Fremont, to be completed by June 30, 2011 which will result in reduced costs;
•Recorded impairment charges related to the Systems segment totaling $37.3 million; and,
•A 75% decline in Systems revenue compared with the previous quarter ending December 31, 2010, and a 9% decline from the prior year quarter, in part triggering a decision to divest of the segment

Subsequent to March 31, 2011, the Company:

• announced it was planning to divest the Systems segment;

• raised $10 million through the sale of common shares; and,

• finalized a US$3.5 million note payable and invested US$3.5 million in its China joint venture.

On July 25, 2010 the Company changed its year end from April 30 to June 30, 2011. The current fiscal year will cover the 14 months from May 1, 2010 to June 30, 2011. The current fiscal period covers the three and eleven months ended March 31, 2011, while the prior year comparison is for the three and twelve months ended April 30, 2010.

The following chart highlights the key results ($000’s, except per share data):



* Adjusted EBITDA is a non-GAAP financial measure. Adjusted EBITDA comprises: Net loss excluding the following – interest income and expense, income tax recovery and expense, depreciation and amortization, asset impairment charges, stock-based compensation expense and restructuring charges. A reconciliation of Adjusted EBITDA with Net loss is reported in the Company’s MD&A, filed today on SEDAR.com. Management uses Adjusted EBITDA to approximate the cash earnings and consumption of the business.

Revenues for the three months ended March 31, 2011 (“Current Quarter”) increased 4% to $14.7 million from $14.1 million during the three months ended April 30, 2010 (“Prior Year Quarter”). The change in revenue was driven by an 18% increase in OCS revenue, driven by increased customer demand, offset by a 9% decrease in Systems revenue, which decreased 26% organically, offset by the revenue from the acquisition of Teledata in June 2010. Systems revenue decreased by $19.3 million, or 75%, from the $25.7 million reported in the previous quarter ending December 31, 2010. The December quarter included a $12.5 million sale to one customer.

Gross margin for the Current Quarter was 24.4%, compared to 26.0% in the Prior Year Quarter and 31.7% in the three months ending December 31, 2010. Gross margin from OCS was 33%, up from 25% in the Prior Year Quarter, and flat with the December quarter. The increase over the prior year is due largely to volume across its portfolio, including engineering services, photodiodes and optical components. Systems margins declined from 27% in the Prior Year Quarter to 14% in the Current Year Quarter, and down from 31% in the December quarter. The decrease in Systems margin is mainly due to volume.

The net loss for the Current Quarter increased to $43.0 million compared to $8.6 million in the Prior Year Quarter. The Current Year Quarter includes a $37.3 million impairment charge on goodwill and intangible assets. The significant drivers of the impairment charges were the continued poor financial results of the Systems segment and revised assumptions around revenue and revenue growth of the Systems segment. The impairment of goodwill and intangible assets relates entirely to the Systems segment. Adjusted EBITDA was a $7.2 million loss, compared to a $4.1 million loss in the Prior Year Quarter. The $3.1 million deterioration in Adjusted EBITDA was due to an increased Adjusted EBITDA loss of approximately $4.8 million from the Systems segment, offset by a $1.2 million improvement in OCS and a $0.5 million reduction in corporate overhead.

Enablence’s cash and cash equivalents were $8.5 million at March 31, 2011 as compared to $23.4 million at April 30, 2010. This net decrease of $14.9 million was the result of using $22.5 million in operations, driven by the negative Adjusted EBITDA and changes in working capital, $9.5 million of net cash used in the acquisition of Teledata Networks Ltd., $2.9 million of cash used to repay Teledata’s operating loans and $2.0 million for capital expenditures and other items. The Company generated $19.7 million of net proceeds from the Company’s public offering on December 6, 2010 and $3.5 million through increasing its secured note and operating line.

On April 28, 2011, the Company announced that it had begun an initiative to explore strategic alternatives to achieve the most value-enhancing and efficient divestiture of the Systems segment. The decision to divest Systems will allow management to focus on the OCS segment. The Company has retained an investment banker to assist in the evaluation of alternatives such as a sale, partial sale or closure. Management anticipates the transaction or transactions to be completed prior to September 30, 2011, however there can be no assurance as to the likelihood, terms or timing of any transaction.

The Company’s decision to divest the Systems segment was driven by the estimated cash requirements to complete the development and initial supply of key products in System’s product roadmap and build its revenue level to a predictable and cash positive level. The fluctuations in the Systems segment revenue level have consumed a significant amount of the Company’s cash resources. Enablence management further concluded that the synergy and integration opportunities between its Systems and OCS segments are not significant, and not strategic.

On May 5, 2011, Enablence completed a non-brokered private placement financing of 45,500,000 common shares at a price of $0.22 per share for gross proceeds of $10,100. The proceeds from the private placement will be used primarily towards the growth and expansion of its OCS segment

Enablence is expanding its OCS segment in part with its investment in a joint venture with Sunsea Telecommunications Co. Ltd. (the "JV Partner” ), that will operate in China, named Foshan Sunsea-Enablence Optoelectronics Technology Co., Ltd (the “China JV”). The JV Partner will own 51% of the China JV, and Enablence will own a 49% interest. The China JV will develop, manufacture and sell optical components based in part on Enablence’s PLC technology.

The initial investments by the China JV partners are as follows:

• US$9.2 million by the JV Partner, all in cash

• US$8.8 million by Enablence, comprising:

o US$3.5 million in cash

o US$1.0 million of capital equipment

o US$4.3 million in intellectual property and know-how

In conjunction with the initial funding of the China JV, on May 10, 2011, Enablence finalized a note payable with a U.S. bank, with a principal amount of US$3.5 million, secured by US$1.2 million of cash on deposit and a lien on the shares in the Company’s investment in the China JV. The note has a maturity date of April 20, 2016 and is repayable as interest only for the first twelve months, then interest and principal amortized over the remaining term of the loan. As partial consideration for the loan, the Company issued to the bank warrants to purchase up to 400,000 common shares of Enablence, at an exercise price of $0.22 per share, expiring April 9, 2013.

On May 12, 2011, the Company paid the initial investment in the China JV, through its contribution of US$3.5 million.

“We are encouraged by the continued strong performance of the OCS segment. Our challenge for the coming months is to execute on the divestiture of the Systems business while preserving as much cash as possible to fund the OCS growth initiatives,” said Chief Executive Officer, Tim Thorsteinson. “When we have completed the divestiture, our ability to focus on the OCS segment will, we believe, provide the most shareholder value”, he added.

The Company’s ability to continue as a going concern is dependent upon the divestiture of its Systems segment, the ability to generate positive cash flow from its remaining business and the ability to pay its US$ 10.0 million Notes Payable on maturity in June 2012. The successful outcome of management’s activities cannot be assured because they are contingent on future circumstances. The $10.0 million net cash proceeds on the sale on common shares and US$3.5 million in proceeds from bank debt were completed in May 2011. While management believes this additional financing will be sufficient to fund the business moving forward, there is substantial risk in the divestiture plans of the Systems segment.

The Company will host a conference call on Tuesday, May 31, 2011 between 9:00 a.m. and 10:00 am EDT. All interested parties should call 416-340-2216 / 1-866-226-1792. Management will respond to questions from analysts on this call.

About Enablence Technologies Inc.

Enablence Technologies Inc. is a publicly traded company that designs, manufactures and sells optical components and subsystems for access, metro and long-haul markets to a global customer base and fiber-to-the-home (FTTH) equipment and multi-service access platforms for triple-play residential and business services. Enablence delivers a key portion of the infrastructure for next-generation telecommunication systems. The Company’s product lines address all three segments of optical networks: Access, connecting homes and businesses to the network; Metro, communication rings within large cities; and Long-haul, linking cities and continents. The Company’s Access solutions enable voice, data, video, and Internet communications across both copper and fiber-based network infrastructures. For more information, visit www.enablence.com.



Forward-looking Statements

This press release may contain forward looking statements, in particular with respect to the current and future revenue from the Systems segment, the strategic alternatives and divestiture of the Systems segment, the use of proceeds of the financing, the funding of the joint venture in China and the revenue, margins, profitability and future growth of the Components Division (including the joint venture) that are made that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution our readers of this press release not to place undue reliance on our forward looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's continuous disclosure documents that can be found on SEDAR www.sedar.com. Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For Further Information:
Enablence Technologies Inc.
Tim Thorsteinson
Chief Executive Officer
(647) 729-1605
http://www.enablence.com/corporate-investors/press-releases/2011/5/30/4-enablence-technologies-inc-announces-results-for

ENABLENCE TECHNOLOGIES ANNOUNCES PRELIMINARY QUARTERLY RESULTS, REPOSITIONING OF BUSINESS DIVISIONS; EQUITY FINANCING AND ONGOING FOCUS ON COMPONENTS DIVISION

April 28, 2011

Toronto, Canada – APRIL 28, 2011 – Enablence Technologies Inc. (“Enablence” or the “Company”), a leading supplier of fiber-to-the-home (“FTTH”) equipment and multi-services access platform for triple-play residential and business services and optical components and subsystems for access, metro and long-haul markets, today announces preliminary financial results for the quarter ending March 31, 2011.

Total preliminary revenue for the quarter was approximately of $14.7 million, comprising:
•$8.2 million from the Optical Components and Subsystems Division (“Components Division”); and
•$6.5 million from the Systems Division (“Systems Division”).

Cash and cash equivalents on hand at March 31, 2011 amounted to approximately $8.5 million, a decrease of approximately $9 million from the December 31, 2010 cash balance as a result of reduced revenues.

Repositioning of Business Divisions

Revenue from the Systems Division in the quarter continued to be unpredictable. Contracts that the Company expected would be booked in the recently completed quarter have been deferred into subsequent quarters. The significant decrease in revenue in both the North American and International regions of the Systems Division compared to the quarter ended December 31, 2010, has resulted in increased losses and cash consumption. The Company does not believe it is currently able to accurately predict future revenue trends in the Systems Division.

As a result, Enablence announces the immediate separation of its two business divisions. The focus of Enablence’s ongoing operations will be its Components Division. A concurrent initiative to explore all strategic alternatives for the most value-enhancing and efficient divestiture of the Systems Division has commenced. Management is endeavouring to complete this process as quickly as possible.

”While we are pleased with the continued growth in revenues from our Components Business,” said CEO Tim Thorsteinson, “the low revenues generated by our Systems Division have driven us to consider strategic options available to us. We will continue to invest for growth in the Components Division, and will aim to optimize shareholder value in respect of our Systems Division.”

Equity Financing

The Company also announced a non-brokered private placement financing of up to 45,500,000 common shares (“Offered Shares”) at a price of $0.22 per Offered Share for total gross proceeds of up to $10,010,000 (the “Offering”). The Offered Shares have been subscribed for by several institutional investors and by Paradigm Capital Inc. The Offering is expected to close on or about May 4, 2011. Closing of the Offering is subject to approval of TSX Venture Exchange and other typical closing conditions. The Offered Shares will be subject to a four month hold period.

Having made provision for potential costs associated with the divestiture of the Systems Division, the Company will use the proceeds from the Offering primarily towards the growth and expansion of the Components Division, including the funding of the joint venture with SUNSEA Telecommunications Co Ltd. of China (the “Joint Venture”).

Focus on Components Division

A comprehensive and growing portfolio of proprietary industry leading PLC-based products from the Enablence Components Division is currently sold to over 120 customers worldwide including major telecommunications network providers. These products are present through the telecommunications network from the central office to the home in cities and communities around the world. Optical integration of dozens of Enablence components on PLC chips through automated manufacturing offers customers – from Tier 1 to smaller operators – a path to cost reduction and improved performance and reliability. The global market for these products continues to grow at a rapid pace as demand for bandwidth increases and networks evolve from current speeds to next generation 40GB and 100GB devices. The rapid growth of Enablence’s Components Division continues to reflect this pattern of growing demand. In the quarter ended March 31, 2011, the Components Division expects to report revenue of approximately $8.2 million and gross margin of approximately 33%. This compares to sales of $6 million and a gross margin of 21% in the quarter ending January 31, 2010 and sales of $4 million and a gross margin of less than 10% in the quarter ending January 31, 2009.

Enablence believes the following opportunities exist for growth of the Components Division:

1. Expansion of the sales force to exploit growing worldwide demand for Enablence components. In turn, capacity utilization will be enhanced in the Company’s facilities in Fremont, CA and Zurich, Switzerland;

2. Expanded product innovation contracts from the proven Ottawa Design Facility from international Tier 1 telecommunications companies. Design contracts migrate to new component products that are sold to a range of customers beyond the original design contract customer;

3. Accelerated development of product sales opportunities in markets outside of telecommunications where demand for high-performance optical components continues to grow; and

4. Revenue and margin expansion from its Chinese Joint Venture.

The Joint Venture will give Enablence access to low cost manufacturing in China and will give the Company a platform to rapidly expand the Company’s presence in the Chinese and other Asian markets. Joint Venture operations are expected to commence in July 2011 and are expected to generate positive cash flow in its first year of operations.

The Enablence management team will continue to consist of Tim Thorsteinson as CEO, David Toews as CFO and Jacob Sun as President of the Components Division.

The Company will host a conference call on Thursday, April 28, 2011 starting at 9:00 a.m. EDT. Interested parties should call 1 416-340-8530 / 1 877-240-9772. Management will respond to questions from analysts on this call.

About Enablence Technologies Inc.

Enablence Technologies Inc. (“the Company” or “Enablence”) is a publicly traded company that designs, manufactures and sells fiber-to-the-home (FTTH) equipment and multi-service access platforms for triple-play residential and business services and optical components and subsystems for access, metro and long-haul markets to a global customer base. Enablence delivers a key portion of the infrastructure for next-generation telecommunication systems. The Company’s product lines address all three segments of optical networks: Access, connecting homes and businesses to the network; Metro, communication rings within large cities; and Long-haul, linking cities and continents. The Company’s Access solutions enable voice, data, video, and Internet communications across both copper and fiber-based network infrastructures. For more information, visit www.enablence.com.

Forward-looking Statements

This press release may contain forward-looking statements, in particular with respect to the revenues for the quarter ending March 31, 2011, the current and future revenue from the Systems Division, the strategic alternatives and divestiture of the Systems Division, the completion of the financing, the use of proceeds of the financing, the funding of the joint venture in China and the revenue, margins, profitability and future growth of the Components Division (including the joint venture) that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution our readers of this press release not to place undue reliance on our forward looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's continuous disclosure documents that can be found on SEDAR www.sedar.com. Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FOR FURTHER INFORMATION PLEASE CONTACT:

Tim Thorsteinson
Chief Executive Officer
Enablence Technologies Inc.
(647) 729-1605

Constant drag on the S/P. Looks like we're going to need news before this one rally's. I missed my estimation on this one so far. mo. .. nic

Enablence Strengthens Customer Service
Date : 03/30/2011 @ 8:01AM
Source : MarketWire Canada
Stock : Enablence Technologies Inc. (ENA)
Quote : 0.295 0.005 (1.72%) @ 3:59PM


Enablence Strengthens Customer Service

Enablence Technologies, Inc. ("Enablence" or the "Company") (TSX VENTURE:ENA), a
leading supplier of fiber-to-the-home (FTTH) equipment for triple-play
residential and business services and optical components and subsystems for
access, metro and long-haul markets, today announced that the Company has added
several new customer service, training and support tools and programs, enhancing
the customer experience on a global scale. With the launch of its new Customer
Support Web Portal, two global training and certification programs in Singapore
and Barcelona, a more structured Service Level Agreement (SLA) program and an
innovative buy-back program, Enablence is making it easier than ever for
customers to select options for account management and product education that
best fit their needs as they migrate their legacy networks to next-generation
fiber.


"Just as Enablence revolutionized the way providers transform their networks, we
are now revolutionizing customer service and support," said Tim Thorsteinson,
CEO, Enablence Technologies. "This mix of innovative, self-service technology
and hands-on, personalized training gives our customers expanded choices,
allowing them to design the right level of interaction and education to fit
their business model. And our expanded SLA structure and buy-back programs help
customers maximize their return on investment for both current and new
solutions."


The enhanced Enablence customer Web portal is a direct response to a growing
need for automated, self-service tools to help cost-effectively monitor, manage
and provision existing accounts. The Customer Support Web portal is designed to
enhance Enablence's existing technical and customer support options, providing
secure, 24/7 access to key customer information. Upgraded features include the
ability to submit and track trouble tickets, view support content such as
implementation and software guides, asset management and SLA/warranty
information, and even a do-it-yourself (DIY) troubleshooting option. All
Enablence Customer Support Web portal users also have the option to interact
with live support professionals as needed. Customers can view in detail
Enablence's enhanced SLA program, to quickly determine the status of their
service agreements.


Enablence has also kicked off key partnerships within International training
centers, making it more convenient for global customers to learn about current
and upcoming products lines. Enablence equipment is used in a university setting
to teach local students about technical engineering, while Enablence customers
can experience local training in a live, interactive environment. The global
training initiatives in Singapore and Barcelona allow customers to leverage
their existing network and tools while enhancing their career with certification
opportunities. Enablence training help customers maximize investments while
eliminating the need to travel to North America for product training and
certification.


"We already had a solid knowledge of Enablence products, but the Barcelona
training course enabled us to deepen that general knowledge," said Romain
Campoli, Network Administrator with Tutor. "We strongly feel that Enablence
customers need to participate in training to validate a higher level of
understanding of the Enablence products, not only as a benefit to their company
but as a personal initiative to enhance their own careers."


Enablence's "Buy Back" initiative was implemented to help current customers
efficiently accelerate the appreciation of their original multi-service access
platform (MSAP) hardware. The program allows Enablence to issue customers
product credits towards replacing existing Inteleflex or MAGNM FX subscriber
line cards. Through the Buy Back program, customers can receive product credit
of $10 a port, to be used toward the purchase of the award-winning Enablence
BroadAccess subscriber line cards. For more in this program, visit
http://www.enablence.com/media/mediamanager/pdf/811-ena-magnm-fx-buyback-program.pdf.


About Enablence Technologies Inc.

Enablence Technologies, Inc. ("the Company" or "Enablence") is a publicly traded
company that designs, manufactures and sells fiber-to-the-home (FTTH) equipment
and multi-service access platforms for triple-play residential and business
services and optical components and subsystems for access, metro and long-haul
markets to a global customer base. Enablence delivers a key portion of the
infrastructure for next-generation telecommunication systems. The Company's
product lines address all three segments of optical networks: Access, connecting
homes and businesses to the network; Metro, communication rings within large
cities; and Long-haul, linking cities and continents. The Company's Access
solutions enable voice, data, video, and Internet communications across both
copper and fiber-based network infrastructures.

For more information, visit http://www.enablence.com or follow Enablence on
Twitter at http://www.Twitter.com/Enablence.


Forward-looking Statements

This press release may contain forward-looking statements that are made as of
the date hereof and are based on current expectations, forecasts and assumptions
which involve risks and uncertainties associated with our business and the
economic environment in which the business operates. All such statements are
made pursuant to the 'safe harbour' provisions of, and are intended to be
forward-looking statements under, applicable Canadian securities legislation.
Any statements contained herein that are statements of historical facts may be
deemed to be forward-looking statements. By their nature, forward-looking
statements require us to make assumptions and are subject to inherent risks and
uncertainties. We caution our readers of this press release not to place undue
reliance on our forward looking statements as a number of factors could cause
actual results or conditions to differ materially from current expectations.
Please refer to the risks set forth in the Company's continuous disclosure
documents that can be found on SEDAR www.sedar.com. Enablence does not intend,
and disclaims any obligation, except as required by law, to update or revise any
forward looking statements whether as a result of new information, future events
or otherwise.

Well nic, no news for awhile and no sp change in days. Looks like no breakout either way for awhile. mo. .. nic

No news lately. Looks like the stock has been and is treading water. Looking for a move up soon on any kind of positive news. mo. .. nic

I like it for a short term play, then reassess. Looks like one could have picked up a few at .245 today. .. mo

News seems good enough and trading is positive so could definitely be a play short term to mid term. Tend to agree upswing is here

Volume 8200 right out of the gate at 0.285. I've got a few of these and there seems to remain a trading interest. .. mo.. nic

Well nic, there was interest here before until the share price turned down. It looks to me that Enablence is ready to turn back up. Maybe with a few posters, the interest will also turn up on this stock. mo. .. nic

It may have had a sharp downturn, but looks to me like the 1 year target estimate is 0.95 which would make for some good profit down the line. .. and down the line if it hit half that mark, then we got us almost a 2 bagger. mo. .. nic

Well, doesn't look to me as it is about to shut down. Last share price March 11 was 0.28 with a market cap of 128 million. Not so bad a share price although it has gone from a 0.77 high in the past 52 weeks. mo. .. nic

ENABLENCE TECHNOLOGIES INC. ANNOUNCES RESULTS FOR THE THREE AND EIGHT MONTHS ENDED DECEMBER 31, 2010
February 8, 2011
Toronto, Canada – February 8, 2011 – Enablence Technologies Inc. ("Enablence" or the "Company") (TSX VENTURE:ENA), a leading supplier of fiber-to-the-home (FTTH) equipment and multi-services access platform for triple-play residential and business services and optical components and subsystems for access, metro and long-haul markets, announced today financial results for the three and eight months ending December 31, 2010.

The highlights during the quarter include:

•generated $34.6 million in revenue, the highest in the Company’s history
oOptical Components and Subsystems division (“OCS”) generated record revenues of
$8.8 million;

o Systems division (“Systems”) generated record revenues of $25.7 million including the
Company’s largest ever sale of over $12 million to a customer in Central Asia

•continued to improve gross margins with 32% gross margin in the quarter, a 4% increase from the September quarter (as adjusted – see below)
•entered into a joint venture agreement with Sunsea Telecommunications Co. Ltd. (“Sunsea”) in China, expected to commence operations in fiscal 2012 (subject to regulatory approvals)
•completed a public offering of 36,600 common shares at a price of $0.58 per share for gross proceeds of $21,228 (net cash proceeds of $19,707
•reduced Adjusted EBITDA (as defined below) loss to $1.1 million for the quarter
•developed an initial cost reduction program to remove between $1 -2 million of costs per quarter
On July 25, 2010 the Company changed its year end from April 30 to June 30, 2011. The current fiscal year will cover the 14 months from May 1, 2010 to June 30, 2011. The current fiscal period covers the three and eight months ended December 31, 2010, while the prior year comparison is for the three and nine months ending January 31, 2010. During the three months ended December 31, 2010, the Company reclassified certain third party costs from sales and marketing expense to cost of revenues to provide more relevant information on the financial statements.

The reclassifications of $1,177 and $517 have been made for the three months ending Sept 30, 2010 and the two months ending June 30, 2010 respectively, reducing sales and marketing expenses, and increasing cost of revenues.

The following chart highlights the key results ($000’s, except per share data):



* Adjusted EBITDA is a non-GAAP financial measure. Adjusted EBITDA comprises: Net loss excluding the following – interest income and expense, income tax recovery and expense, depreciation and amortization, asset impairment charges, stock-based compensation expense and restructuring charges. A reconciliation of Adjusted EBITDA with Net Loss is reported in the Company’s MD&A, filed today on SEDAR.com. Management uses Adjusted EBITDA to approximate the cash earnings and consumption of the business.

Revenues for the three months ending December 31, 2010 (“Current Quarter”) increased 180% to $34.6 million from $12.3 million during the three months ended January 31, 2010 (“Prior Year Quarter”). The increase in revenue was driven by the acquisition of Teledata Networks Ltd. (“Teledata”) on June 23, 2010, organic growth of 29% in the Systems division excluding the impacts of Teledata, and a 47% increase in revenue from OCS due to increased customer demand.

Gross margin for the Current Quarter was 31.7%, compared to 10.3% in the Prior Year Quarter and 27.5% in the three months ending September 30, 2010. The Prior Year Quarter included approximately $1.4 million (or 11% of revenues) higher inventory obsolescence reserves than the Current Quarter. The increase in gross margin is also due to favourable gross margins from the Teledata business, a decrease in fixed costs as a percentage of revenues, and the benefits of the Company’s margin improvement initiatives.

The net loss for the Current Quarter decreased to $5.3 million compared to $10.4 million in the Prior Year Quarter. The Prior Year Quarter included a $4.4 million impairment charge on intangibles and $1.4 million higher inventory obsolescence charges compared to the Current Quarter. Adjusted EBITDA improved from a $5.6 million loss in the Prior Year Quarter to a $1.2 million loss in the Current Quarter. The improvement in Adjusted EBITDA is due to the acquisition of Teledata, the impacts of the Company’s gross margin improvement program and organic revenue growth. The Company's loss per share for the Current Quarter was $0.01, compared to $0.04 in the Prior Year Quarter.

Enablence’s cash and cash equivalents were $17.5 million at December 31, 2010 as compared to $23.4 million at April 30, 2010. This net decrease of $5.9 million was the result of using $14.0 million in operations, driven by the negative Adjusted EBITDA and changes in working capital, $9.5 million of net cash used in the acquisition of Teledata Networks Ltd., $2.9 million of cash used to pay out Teledata’s operating loans and $1.6 million for capital expenditures and other items. The Company generated $19.7 million of net proceeds from the Company’s public offering on December 6, 2010 and $2.9 million through increasing its secured note.

As previously announced on January 10, 2011, the Company’s revenue and Adjusted EBITDA for the quarter were below management’s guidance of $40-45 million of revenue and positive Adjusted EBITDA. The shortfall in revenues was largely due to delays in certain orders that were anticipated to be recognized as revenue in the Current Quarter. Specifically, two orders totaling $6 million were not realized in the quarter, and are expected to be closed and recognized as revenue in the quarter ending March 31, 2011.

“While we are pleased with several achievements of this record quarter, including positive trends from our gross margin improvement initiatives and good growth in OCS. Our ability to forecast the size and timing of our large projects has been more difficult than anticipated. As a result, we cannot provide guidance for the 4 quarters ending June 30, 2011, which was previously expected to achieve revenues between $140-150 million and to be Adjusted EBITDA positive for the second half of the year,” said Chief Executive Officer, Tim Thorsteinson. “However, there are rapid, encouraging developments occurring within Enablence and our key markets, and we will update any aspects of improved visibility from quarter to quarter.”

Management anticipates revenues will be lower in Q3 (ending March 31, 2011) compared to the Current Quarter due to the large $12 million shipment recognized in the Current Quarter, but expects revenues to increase from Q3 to Q4 (ending June 30, 2011). “While we continue to expect double digit organic revenue growth, with the increased revenue timing uncertainty we will be initiating an incremental cost reduction program to remove between $1 and 2 million from our quarterly expenses,” Thorsteinson continued. “This program will target synergies between Teledata and the Company’s existing Systems business. The costs savings are expected to be achieved over the next 12 months through targeted staff reductions, reducing facility costs and reducing consulting and other discretionary spending reductions.”

About Enablence Technologies Inc.
Enablence Technologies Inc., (TSX VENTURE:ENA) Enablence Technologies Inc. is a publicly traded company that designs, manufactures and sells fiber-to-the-home (FTTH) equipment and multi-services access platforms for triple-play residential and business services and optical components and subsystems for access, metro and long-haul markets to a global customer base. Enablence delivers a key portion of the infrastructure for next generation telecommunication systems. The Company’s product lines address all three segments of optical networks: Access, connecting homes and businesses to the network; Metro, communication rings within large cities; and Long-haul, linking cities and continents. The Company’s Access solutions enable voice, data, video, and Internet communications across both copper and fiber based network infrastructures. For more information, visit http://www.enablence.com.



Forward-looking Statements
This press release may contain forward looking statements that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution our readers of this press release not to place undue reliance on our forward looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's continuous disclosure documents that can be found on SEDAR www.sedar.com. Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

http://www.enablence.com/corporate-investors/press-releases/2011/2/8/3-enablence-technologies-inc-announces-results-for

Enablence Technologies Inc. Launches High Performance Photodiodes
03/4/2011
Enablence Technologies Inc. announced the availability of its industry-unique family of high speed photodiodes (PD), designed for high performance signal conversion needed to support up to 40 Gbps/100 Gbps applications in the optical communications industry. These state-of-the-art photodiodes cost-effectively convert incoming optical signals into electrical signals for high integrity signal delivery along access, metro and long-haul networks. The new Enablence product offering includes high performance balanced 25G photodiodes, 10G avalanche photodiode (APD) arrays, high speed photodiodes with integrated lenses as well as 25G short-wavelength photodiode arrays for next-Gen optical transmission systems, especially for 40 Gbps/100 Gbps applications. Through ongoing miniaturization and wafer level integration of lenses and filters, Enablence's components unit offers Telecom and Datacom customers, innovative, cost effective products for high volume applications such as 2.5 Gbps/10 Gbps PON, 10 Gbps Ethernet, HDMI and QSFP. Company's photodiode technology platform and cost structure are among the best choices for several high volume consumer products, including Light Peak and optical HDMI. Features include: Balanced 25G photodiodes, which enable detection of advanced modulation formats used in next-Gen systems such as 40 Gbps/100 Gbps, and offer high responsivity, low bias voltage, low dark current, and a wide operating temperature range. 10G APD Arrays, which allow miniaturization of long-haul receivers and have a very low excess noise, low temperature dependence and come with a large optical aperture and an excellent gain-bandwidth product at a low operating bias voltage. High speed photodiodes with integrated lenses, which significantly ease the optical coupling of light into the photodiodes, thereby reducing the cost for lens design and chip assembly, and further improving the system optical performance.

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=ENA:CN

Hope not. On the basis of share price alone, the share price was lower in December 2009 than presently. Need to do more checking. mo. .. nic

Was wondering why the stock price was fading fast!!

I think Enablence Inc. is about to close down ... I feel bad for the employees ... I have been trying to collect payment from them for the past 100 days. The account payable cleck's is the only one who responds but her bosses are stone walling her. I would sell any stock that I have or hope for a white knight investor. Good Luck.

I think Enablence Inc. is about to close down ... It has stopped paying vendors. I am one of them, and when a company stops paying invoices below $10K, they are really having financial problems! Good Luck to all.

Up and up

http://shop.ebay.com/ata%20ide%20hard%20drive%202.5%22%20160GB?_from=R40&_trksid=p2773.m38.l1313&_nkw=ata+ide+hard+drive+2.5%22+160GB&_sacat=See-All-Categories&_naf=1

GREAT READ

http://thestockbrokerclub.com

As for the individual who said $50 sp...are you referring to Seymour Schulich?

That sp would imply a market cap of 8 billion.

Let's say they sell all 100 K per month...that would be $4.5 million revenue per month...approximately or $54 million per year. I'm still unclear on the profit margin here but it should be good. Haywood uses a 46% margin.

Now....growth would be huge if they could do this quickly and demonstrate market leadership. The difficult part would be assigning a multiple.

Regadless...Haywood thinks that $31 million in revenue for 08 gives a $2.75 target...so the target should be $4.80 if they could sell out their line. Further growth would evidently lead to a higher SP.

Therefore, my guess is approximately $4-5 when they sell out their line. Indications for expansion and then following through would push up the SP. Other catalysts would be involvement with the big boys...ie Verizon etc...which should be a given here.

$50? That is at least a couple years away in my view but we can dream.

Other thoughts?

bfw
http://www.stockhouse.com/bullboards/viewmessage.asp?no=17760688&t=0&all=0&TableID=0

Remember txp corp? check it out again!

What up man :) Whats new?

I am here......been busy for a few days

Anyone still on this page? Looking for some tips.

I'm looking to see if that is a profitable stock to invest in.

Any idea what's going on this week.

great close.......... 1.83

1.82 on good volume

Looking good........last @ 1.78