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Post# of 49947
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669

Re: 669 post# 16276

Thursday, 03/27/2008 3:48:04 PM

Thursday, March 27, 2008 3:48:04 PM

Post# of 49947
Our subsidiary Syrei's customers include well-known corporations and telecom operators like Ericsson, Nokia, 3GIS, ABB, Orange, SonyEricsson, Swedbank, Tele2, TeliaSonera, TIM etc. The revenue for Syrei for 2008 is conservatively forecasted to be over $7 million with an EBITDA of about 10%. However, with new opportunities, our target would be to increase with over 50%.

I think were in excellent company...
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