Tuesday, November 21, 2006 10:46:12 AM
Yeah this is what got me exited-
Michael Gelmon, Banyan CEO, speaking to analysts said, "I am very excited about the rapid growth of our VT3000 and the revenue potential that will add substantially to Banyan's bottom line. Revenue from our Diagnostic business as reported in our recent 10Q filings have exceeded $5.4 million on an annualized basis, this additional income will help us turn the corner to profitability. Within 5 years, the market for the VT3000 could exceed 2,000 units per year and produce a yearly revenue in excess of $40,000,000."
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