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Post# of 93827
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DABOSS

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DABOSS

Re: Tenderloin post# 33728

Wednesday, 03/26/2003 5:23:20 PM

Wednesday, March 26, 2003 5:23:20 PM

Post# of 93827
"Our other OEM projects are progressing nicely. We recently received a sizeable letter of credit from Eclipse by Fujitsu 10 that will cover the manufacturing costs AND OUR PROFITS for the first 4000 units and as we mentioned in our last web cast they are expected to double their initial order to 8000 units based on the positive response from CES. Based on their forecast Eclipse expects to launch the product this summer.

Our SoftTech Hewlett Packard project is also progressing very well. We’ve already delivered a functional prototype that was demonstrated to the final OEM customer and the response indicates that they were extremely pleased with our design and its performance.

We’ve recently received payments from SoftTech that covers our NRE fees and tooling which is the initial phase of manufacturing.



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