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Inova Technology Inc.(fka INVA)

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Last Post: 5/2/2019 1:10:38 PM - Followers: 156 - Board type: Free - Posts Today: 0

                           ~ INVA = A/S = 500,000,000 wink 



             INVA // Desert Com., has a

Backlog of OVER $58 Million in 

Awarded & Funded Contracts!! 




About: Inova Technology

Chairman and CEO of Inova Technology.

Adam Radly is originally from Melbourne, Australia. He studied banking and finance at Monash University in Melbourne but he left in order to start his career before finishing the degree. He briefly worked as a business credit analyst at Australia's largest bank (National Australia Bank) then established a property development firm (Value Added Investments) in 1994. In 1997 Adam Radly founded a new company called ISIS Communications with approximately $3,000 of credit card debt. Over a period of two years, Adam created two startups and completed six acquisitions for Isis and, in 1999, this activity culminated in a $50 million IPO for Isis. At the time of the IPO, Adam was the founder, CEO and largest shareholder. Under Adam Radly's management Isis provided broadcasting services for several major television networks such as NBC Universal, CBS, and ESPN and developed partnerships with Hewlett-Packard and Sun Microsystems among many others. The Isis startups included some educational software that started to generate interest in the United States. In order to fund the US expansion in 2000, Adam Radly completed a seconday offering to raise an additional $40 million from several U.S. institutional investors. At one point in time, Fidelity owned 10% of Isis and T Row Price owned 5% of Isis. Isis merged with its largest competitor in 2002 and now focuses on providing large scale entertainment event management services and operates under the name Staging Connections. It most recently announced annual revenues of approximately $170 million.

Adam Radly has completed 16 acquisitions, established several startups and raised more than $100 million for these ventures (as a priincipal - not as an advisor or employee). More recently, Adam has started building Inova Technology where Adam has increased revenue from $400,000 to more than $20 million in three years through a combination of organic growth and acquisition - all done during the recession. Adam has also recently founded the startups Clean Planet Group LLC and the mobile retail app buisness, Shopinova. A committed philanthropist, Adam Radly co-founded Nelson Mandela Children's Fund Australia and was a co founder and one of the organizers of World Reconciliation Day 2000 (featuring Nelson Mandela). Currently, Adam Radly accomplishes his charitable efforts with the Radly Center, the non-profit organization he launched to assist people in developing nations.
Inova is a leading provider of solutions for mobile technology, asset tracking, proprietary RFID solutions and large scale network solutions. Inova develops and sells RFID (radio frequency identification) products and services. Inova is focused on developing solutions that prevent counterfeit of luxury goods and pharmaceuticals.

Inova recently acquired RFID company, Right Tag. Right Tag has developed several proprietary RFID products. Customers include Vodafone, Siemens, US Naval Research Laboratory, Lockheed Martin, Intel, BT, Ohio University, and The US Department of Defense.Company Description Inova Technology, Inc. ("Inova" or "the Company") operates in three segments and owns 100% of all subsidiaries: (1) providing information technology (IT) solutions and services through its Edgetech Services subsidiary, (2) providing radio frequency identification (RFID) products through its Trakkers (Montana) and RightTag (California) subsidiaries, and (3) providing network solutions through its Desert Communications subsidiary (Texas).

Our Business Operations and our Proprietary Technologies
Two of our subsidiaries (Trakkers and RightTag) own proprietary technologies.

Adam Radly: "We have two subsidiaries, one called RightTag, and another one called Trakkers. Both of them focus on developing state-of-the-art RFID scanners. With RightTag, for example, we were one of the first in the world to develop a BlueTooth RFID scanner 3 or 4 years ago. But our main product really is the Trakkers scanner. We call it the MI, that's pronounced "me", and this scanner is capable of reading 1D and 2D bar code as well as RFID and also mag-striped cards."

"It's an all-in-one device about the size of an iPhone. If people want to see an image or get more information, they can get it from our website. This device, in addition to reading 1D and 2D bar code, RFID and mag-stripe, also has a GPRS capability which means that any of the data that it reads can be sent over the cell phone network to any location."

"So it's not just wireless over a BlueTooth distance or a WiFi distance, it is wireless over any distance. It is the only product of its kind in the world asfar as we're aware and we're very optimistic about the likely uptake of the product, especially given that it is a unique product that cannot be provided by any of our competitors at this point in time."

Custom RFID Tags
Inova provides custom tags through its subsidiary RightTag. RightTag has developed numerous custom RFID tags for many demanding environments and we are confident that we can develop a tag to meet your specific requirements quickly and and at reasonable cost. RightTag is currently developing full system RFID solutions for many of the large vertical markets. RightTag's future announcements will include solutions in the Health Care, Government and Education RightTag is investing in a strong R&D Team to deliver versatile products in these ever emerging, large and diverse vertical markets.  RightTag manufactures RFID (Radio Frequency Identification) equipment and provides RFID consulting. RightTag's RFID product line includes proprietary  handheld and desktop RFID scanners, RFID  printers, and tags. RightTag has several RFID patents pending Right Tag was the first company to manufacture a 13.56MHz wireless hand-held RFID scanner with Blue Tooth technology. Retail RFID sales will top $7 billion by 2014, according to a report from Frost & Sullivan. The RFID industry should grow to $26.9 billion by 2015 from $1.95 billion in 2005, according to a report by Research and Markets.  RFID uses include passports and other ID cards, military, pharmaceutical, hospital patient and vehicle theft tracking, vehicle immobilization, personnel access control and library cataloging.  RightTag has more than 200 customers on six continents. Their customers include: Vodafone, Siemens, US Naval Research Laboratory, Lockheed Martin, Intel, BT, Ohio University, and The US Department of Defense.

Czech Hospital Using HF RFID to Track Chemotherapy Drugs





Trakkers has developed "lead tracking" and "lead retrieval" solutions for the trade show industry that use RFID, bar code and mag stripe technologies. These solutions have been internally designed and developed and are proprietary and patent pending . Patent applications have been filed in the USA. We have also filed a European patent application that applies to all European countries that are members of the European Union . While Trakkers' technology is currently being applied to the trade show industry, the technology may be applied to many other verticals, such as Defense, security, mobile credit card processing.

Transforming Technology, One Project At A Time
Founded in 1994, Desert Communications, Inc. (DCI) has become one of the leading technology systems integrators in the Southwest. What started as a small business selling turn-key IT solutions to local El Paso school districts has boomed into a thriving organization now serving the Southwest from Louisiana and Oklahoma to California. In addition to the education market, we provide hardware, software, consulting and support for state and local governments, hospitals and private businesses.
Partnering with some of the industry's leading technology companies, DCI is able to provide a wide range of core technology solutions. As a Premier Cisco Partner and HP Elite Partner, we are able to install complete networking solutions from LAN/WAN, Internetworking, VPN, VoIP, Video, SAN, Archive, Backup and Firewall/Security implementation for small and large networks. As a Novell Gold Partner and Microsoft Reseller, DCI is able to implement file and print server services, application servers, business and administration email and desktop management. We also offer internet solutions including email, proxy services, content filtering, web hosting and DNS services. DCI has provided service and support to over 200 organizations over the last 20 years. We are recognized as a significant technology partner by many organizations, including school districts, government and commercial entities. Our reputation has grown as a result of our commitment to providing our customers with customized services delivered with professionalism, integrity, honesty and skill.

  INVA // Desert Com., has a

Backlog of OVER $58 Million in 

Awarded & Funded Contracts!! 



Shopinova: software invented by Adam that turns iPhones and Android phones into a sales tool for customers when visiting physical retailers. It is in Beta release.  Shopniova is a mobile advertising solution that allows physical retailers interact with their customers prior to point of sale in their store.






Recent News

 Sept 19 2013 -------Inova Revenue Increased 90% to $7.6 Million for Quarter


 Apr 25 2013 -------Inova Receives $970,000 PO From Dallas Independent School District for Network Solutions Project
 Apr 22, 2013-------Inova Completes $900,000 of Projects for Lowes and Launches New Website

 Apr 9, 2013-------- Inova Subsidiary Completes Mineral Wells School District Project Worth  $367,000 and Commences  Debt Reduction Plan

 Feb 1, 2013-------- Inova Subsidiary Has Completed Projects Worth $18 Million Out of a Total of $30 Million


INOVA RIGHTTAG RFID: Czech Hospital Using HF RFID to Track Chemotherapy Drugs
The Masaryk Oncological Institute hopes to reduce the likelihood of theft and human error, since the drugs are expensive and can cause severe harm if administered incorrectly.




EMPLOYEES (as of 9/7/2012) 55
70 a/o Jul 15, 2013 Increase due to $42 Million in back-Logged workload! wink

10Q for period ending January 2013
Inova generated revenues of $2.5 million for the 3
months ending January 2013.

 Revenue increased by $3.6 million from $4 million for the preceding quarter to $7.6 million in the quarter ending July 2013 representing an increase of 90%.
(see more info on this at the bottom of this Intro Page! wink )

Share Structure       
UPDATED 12/17/2013 by 1-Eye-Jack wink

        ~ INVA = O/S = 480,000,000 <<---JMO,, they R/S'd in      
                  June & Diluted the Heck outta it until the 1st week of Dec!! wink
      ~ INVA = A/S = 500,000,000 wink 

We should have the actual O/S this week when the Financials are Posted. wink











              CEO: INTERVIEWS 





















$In Billions RFID Forecasts 2007-2017 by IDTechEx



CEO Adam Radly of Inova seen here presenting $1.7M Philanthropy check to Nelson Mandela































Featured News/Projects

~ INVA = Inova Revenue Increased 90%-to-$7.6-Million-for-Quarter! wink

Inova Technology (OTCBB:INVA), announced that its revenue increased by $3.6 million from $4 million for the preceding quarter to $7.6 million in the quarter ending July 2013 representing an increase of 90%.
Inova CEO, Adam Radly, said, "$7.6 million of revenue in one quarter is obviously an excellent result for us. We were close to full capacity for the entire quarter and our team did a great job of getting projects completed on time and on budget for our customers."
The Company previously announced that it has as a backlog of awarded contracts worth $42 million. More information regarding the backlog can be found in the press release dated July 2, 2013. Inova CEO, Adam Radly, said, "We will commence the new sales season in October and will look to add to the current backlog. The Company's current contract backlog is very healthy and gives us and our stakeholders a lot of visibility into our future revenue."
Mr. Radly also said, "We will continue to provide updates regarding the commencement and completion of the major projects that we have previously announced over time as they occur."
The majority of the projects in the current backlog are network solutions projects for government customers in the Texas area. The backlog includes more than 15 customers and consists of a combination of both new and previous customers. The larger projects are network solutions projects for Ft Worth and Dallas School Districts. These projects do not represent all of Inova's revenue for any given period. They only reflect a portion of the revenue generated by Desert Communications and exclude revenue from its other subsidiary, Trakkers.

Inova Completes $900,000 of Projects for Lowes and Launches New Website

LAS VEGAS, April 22, Apr 22, 2013 (GLOBE NEWSWIRE via COMTEX) -- Inova Technology (OTCBB:INVA), through its wholly owned subsidiary, Desert Communications, has announced that it has $900,000 of network solutions projects for Lowes. Inova subsidiary, Desert Communications, has built and established a long relationship with Lowe's Market, a large supermarket chain headquartered in Littlefield, TX. Desert has completed network solutions projects for more than 30 different store locations throughout Texas and New Mexico. Lowe's Market recently acquired approximately 55 stores, making their total footprint 147 grocery stores throughout Texas, New Mexico and Colorado. As the new locations become remodeled and needs are assessed Desert will be involved in the infrastructure upgrades.
Inova CEO, Adam Radly, said, "We look forward to doing more projects for Lowes. The award and completion of these projects is validation of our ability to deliver enterprise network solutions to customers of all sizes. We are also looking forward to extending our solid track record in government projects to corporate projects." Mr Radly also said that, "We are working through our backlog of network solutions contracts as quickly as possible. We have also started providing much more frequent updates regarding the commencement and completion of projects as we proceed."
 Inova also launched its new website (www.Inovatechnology.com). Mr. Radly said, "The new site is much more attractive than the old site but, more importantly, it provides more detailed updates about our projects and will continue to do so on an ongoing basis."  Mr. Radly said, "We also expect to be able to provide an update regarding our new backlog in the near future."
The majority of the projects in the current backlog are network solutions projects for government customers in the Texas area. The backlog includes more than 15 customers and consists of a combination of both new and previous customers. The larger projects are network solutions projects for Ft Worth and Dallas School Districts. These projects do not represent all of Inova's revenue for any given period. They only reflect a portion of the revenue generated by Desert Communications and exclude revenue from its other subsidiary, Trakkers.

#14699   News: $INVA Phase III CAPTAIN Study of Trelegy whytestocks 05/02/19 01:10:37 PM
#14698   Hi guys i still own quite a bít r189 09/17/17 02:40:28 PM
#14697   $INVA recent news/filings stocktrademan 03/18/16 04:23:13 PM
#14696   Got a little excited when I saw this... nofortunateson2 02/22/16 01:44:34 PM
#14695   This board is still active. I'll be ... JohnCM 12/28/15 11:59:57 AM
#14694   Well there is a tax loss for the year tprosuper 06/16/15 09:32:16 PM
#14693   INVA revoked: Renee 03/20/15 09:44:00 AM
#14692   I haven't seen any change in my position tprosuper 03/13/15 01:54:56 PM
#14691   Secret reverse split? Still a worthless POS jpev91 03/09/15 11:24:54 AM
#14690   750k shares went to 90k. What is going Jbird27 03/06/15 10:54:40 PM
#14689   Looks highly likely the final nail is being tprosuper 03/04/15 09:34:33 PM
#14688   INVA SEC Admin Proceeding (no SEC Suspension) for Renee 02/26/15 03:58:04 PM
#14687   INVA is severely delinquent in filing their Financials Renee 02/22/15 10:25:51 AM
#14686   Is this really at .001 and trading? hummba 12/23/14 09:02:46 PM
#14685   what do i own now ? NEXT 12/23/14 01:16:21 PM
#14684   Sooooo is it safe to say it's a jpev91 12/22/14 03:22:06 PM
#14683   Only way to get rid of it is bowlegtroy 12/01/14 12:14:21 PM
#14682   How do you get rid of this stock? hummba 11/15/14 01:51:59 AM
#14681   F :-(ck hummba 10/29/14 01:02:58 PM
#14680   R.I.P. saladbar 10/29/14 10:38:35 AM
#14679   Catch up. You are very behind. He is SHADK 10/22/14 07:51:58 PM
#14678   Both company's are owned by Adam Ridly. DieselJoe 10/20/14 01:22:38 PM
#14677   Yes, but they traded some last week before DazednConfused 10/14/14 03:22:16 PM
#14676   Xuii had an 8-k hit this morning $tock_Killa 10/14/14 12:58:16 PM
#14675   I thought so but there has been some DazednConfused 10/14/14 12:56:16 PM
#14674   Xuii got moved to the grey sheets, I $tock_Killa 10/14/14 11:59:57 AM
#14673   I am not able to put in an DazednConfused 10/14/14 10:04:06 AM
#14672   No- holding for now to see what develops Spartanfan1 10/14/14 09:38:20 AM
#14671   Did you try to sell any?? DazednConfused 10/14/14 08:25:16 AM
#14670   At least it can trade again. Spartanfan1 10/10/14 10:14:57 AM
#14669   No trades today. Suspension lifted today. Tim696969 10/09/14 12:54:18 PM
#14668   Not always the case. Do some digging. You'll Spartanfan1 09/29/14 06:54:07 PM
#14667   yes but this has been a shell for SHADK 09/29/14 04:16:31 PM
#14666   Do you know how many companies would have Spartanfan1 09/29/14 06:33:18 AM
#14665   it doesnt take a genius to figure out SHADK 09/28/14 11:13:21 PM
#14664   Like you said, no one really knows what DazednConfused 09/27/14 12:39:53 PM
#14663   We will see. No one can say with Spartanfan1 09/27/14 08:07:15 AM
#14662   Actually this one will get revoked. The integral 09/26/14 07:26:42 PM
#14661   I was saying that you are a douchebag! Spartanfan1 09/26/14 06:13:19 AM
#14660   You were saying? hummba 09/25/14 09:53:34 PM
#14659   see it with the suspend ;-) carnelsonG 09/25/14 02:28:59 PM
#14658   I think both companies are good enough to kahuna76 09/25/14 01:55:23 PM
#14657   Yes, that would be good but I hope DazednConfused 09/25/14 01:21:50 PM
#14656   Hey Dazed, see the way they grouped INVA kahuna76 09/25/14 12:03:31 PM
#14655   Since I think we are just a shell, DazednConfused 09/25/14 11:40:39 AM
#14654   INVA SEC Suspension: Renee 09/25/14 09:34:58 AM
#14653   INVA Short Volume Mon, Sep 22, 2014: 150000 ANACONDA 292 09/23/14 02:05:22 AM
#14652   $INVA consolidation mode as i said previously, once SlickTrades 09/16/14 11:41:04 PM
#14651   No bid is dead. This has plenty of life. Spartanfan1 09/13/14 03:28:25 PM
#14650   Dead as dead can be... hummba 09/13/14 11:51:43 AM
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