Monday, August 23, 2010 8:08:06 PM
first shipment was sent out on July 30,2010, 20 systems out of 200 aystems.
when will the next systems be sent ?
News>>>>>>>Cyberlux Fulfills First $340,000 Shipment of Its $3.4 Million National Guard Bureau Contract
Written by TradersHuddle Staff
Friday, 30 July 2010 11:24
RESEARCH TRIANGLE PARK, N.C.-( Business Wire )-
Cyberlux Corporation, (OTC Bulletin Board: CYBL), a leading provider of LED lighting solutions, announced today that the Company has produced and shipped the first $340,000 of the $3.4 million order awarded to Cyberlux by the National Guard. Recently, the National Guard Bureau purchased 200 BrightEye Dual Head Tactical Lighting Systems, and Cyberlux has now delivered the first 20 Systems.
“While this $3.4 million contract is a significant milestone for the Cyberlux organization, we are focused on fulfilling the entire contract for 200 Systems and delivering on the entire $3.4 million order. This first shipment of 20 Systems is important and we have recorded $340,000 in revenue in July, the highest revenue month in Company’s history. The next 30 Systems are already in process and we expect to ship those Systems, and the next $510,000 in revenue, within the next several weeks. We intend to update Shareholders monthly on our shipments and our progress in fulfilling this contract,” said Mark Schmidt, CEO of Cyberlux Corporation. “We appreciate and understand that our shareholders have questions regarding the largest contract the Company has ever secured and the recent restructuring actions the Company has undertaken. Please contact us with any questions you may have or clarifications we can provide,” added Schmidt.
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