Replies to post #62989 on Koil Energy Solutions Inc. (KLNG)

[alex86]

HOUSTON, April 7, 2008 /PRNewswire-FirstCall/ -- Deep Down, Inc. DPDW announced today that it has shipped $1.5 million worth of products for the Phoenix project, including six next generation Loose-tube Steel Flying Leads (LSFLs). Additional revenue will be generated through installation support at a later date.

I'm searching the filings for a percentage, but if I recall; service, installation and deployment is +/- 50% of DDI core business.

alex

[SageWise]

adjpublic, welcome to the board! Indeed, DDI is involved in a lot of service/installation type work. In fact, until some time last year, their revenues were 60% from services and 40% from products. That may have started to shift in the last few months as they have broadened their product offering. Well, actually, come to think of it, these products give DDI more opportunities for service and installation revenue IMO. Historically one of the core strengths of DDI has been installation/commissioning/decommissioning of oil fields, pipelines, umbilicals etc. They also do recovery of equipment etc .

[JoeSmith]

adjpublic welcome! A few weeks ago there was quite a bit of discussion on your same question. These links from that weekly summary might help a bit more.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=28226966
Special dd section, Services Revenues
#msg-28099270
#msg-28126153 E-mail from IR
#msg-28185176
#msg-28185512
#msg-28187291