Sphere 3D Corp. (ANY)

[Hugodrax]

Peter Tassiopoulos on the Novarad "Master Purchase Agreement" the day it was announced about 18 months ago:

"And so with that, let's talk a little bit about one of our recent wins, which is just a few hours ago. As you guys are probably aware, we've been working with a company called Novarad out of Utah for quite some time. Fantastic partners, we spent the last quite a few months, eight, nine months, actually talking to them, talking to their customers and designing a full solution that would deliver a virtual workspace that has the clinical workflow within it. Credit to our staff who's worked closely with Novarad to design this."

"And in the end, what we've done is actually come up with an agreement with Novarad to refresh their customer list, the ones that are currently already working with Novarad PACS as well as their risk systems. So these are actually Novarad customers – existing customers versus net new. In addition to what we're doing with this customer base, which right now it looks like approximately 400 locations, is what we'll be refreshing. We're also obviously going out to market with them with this full solution for new business as well. So we're pretty excited about that and what that means for us. We think that will be incremental and start to generate revenue for us in Q3 and we'll continue to roll out."

"Obviously, as we get success, we'll do our best to try to expedite the schedule when we can get these things out and into the field."



Eric Kelly that day:

"With the announcement that we just made today, I think we highlighted that we will have a 90-day rollout and we'll continue to rollout the solutions at Novarad"


Also EK said this: "WE HAVE MORE OPPORTUNITY THAN WE CAN ACTUALLY HANDLE" (LOL!)


Look where we ended up!