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Monday, May 12, 2014 11:31:22 PM
"As for the rest of the excited replies..... well...$28,000 in R&D and zero revenue speaks volumes to me. It's all talk."
Financial Highlights:
• Estimated revenue for Q1 2014 is expected to exceed $1 million;
• Cash and short term investments at the end of Q1 2014 are in excess of $7 million;
• Total assets at the end of Q1 2014 are in excess of $20 million;
• Completed a Convertible Debenture financing of U.S. $5 million on March 21, 2014
Utilizing virtual application and desktop technology from Sphere 3D Inc., NovaGlass delivers Novarad software and Vendor Neutral Archive solution, MARZ, on a variety of end point computing devices; including PC, Mac, iPad, laptops, Android tablets, and Google Chromebooks.
“This latest offering once again demonstrates our commitment to deliver industry leading solutions to our customers. This new platform will allow users to have access to a variety of new features, and deployment choices that were not previously available from imaging software,” said Tim Law, President of Novarad.
Peter Tassiopoulos, CEO of Sphere 3D says, “Novarad has been at the forefront of innovation in imaging for years. We are very excited to be able to contribute to this latest innovation which sets a new standard for speed, performance, and virtual computing.”
Follow the Gorilla, it will change your life! HTFBS
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