AI
Wednesday, April 06, 2011 12:30:03 PM
BCDI news with chart :
been doing great holding and getting action
Sales and Purchase Order
The Company is pleased to announce the first quarter of 2011 was very active for the company as sales and purchased orders for the period outperformed same quarter last year. The global market's response to our integrated GPS/RFID technology validates management's decision to expand R&D operation during the 2 years of global economic downturn and use the period to refocus the company's product and business strategy. "Our first quarter performance is a precurser to even better quarters ahead," said Kayode Aladesuyi, CEO for ECDC.
"We expanded and grew in every area of our business; we expanded sales network, introduced a powerful and strong product portfolio to the market, increased market presence, grew revenue and reduced cost of operation dramatically over same period last year, we are very pleased with the direction of our business," commented Mr. Aladesuyi.
Global Expansion
The company has expanded its global sales and distribution network during the first quarter to now cover 15 countries in more than 5 continents. This expansion in our global network should have a dramatic effect in ramping up our year-to-year financial and sales performance for the current fiscal year, and help develop follow-on orders with clients in those regions. "We expect to continue growth of our partner network and expansion into new markets as our former GPS competitors become our distribution partners for integrated GPS/RFID applications," said Amanda Greene, Partner and Sales Management Operation.
been doing great holding and getting action
Sales and Purchase Order
The Company is pleased to announce the first quarter of 2011 was very active for the company as sales and purchased orders for the period outperformed same quarter last year. The global market's response to our integrated GPS/RFID technology validates management's decision to expand R&D operation during the 2 years of global economic downturn and use the period to refocus the company's product and business strategy. "Our first quarter performance is a precurser to even better quarters ahead," said Kayode Aladesuyi, CEO for ECDC.
"We expanded and grew in every area of our business; we expanded sales network, introduced a powerful and strong product portfolio to the market, increased market presence, grew revenue and reduced cost of operation dramatically over same period last year, we are very pleased with the direction of our business," commented Mr. Aladesuyi.
Global Expansion
The company has expanded its global sales and distribution network during the first quarter to now cover 15 countries in more than 5 continents. This expansion in our global network should have a dramatic effect in ramping up our year-to-year financial and sales performance for the current fiscal year, and help develop follow-on orders with clients in those regions. "We expect to continue growth of our partner network and expansion into new markets as our former GPS competitors become our distribution partners for integrated GPS/RFID applications," said Amanda Greene, Partner and Sales Management Operation.
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