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tigertrader

10/29/10 4:22 PM

#7246 RE: coldasice #7245

It's never been the intentions of CYRX to grab market share domestically, the product was never intended for that. The company stated publicly on their web site, the BRIC nations is where the attention is focused. Look at following link below the 2nd paragraph, nothing is shipped domestically. Two little dots in California.


Your quote is not only an complete distortion of the facts, it's patently false.

From the Cryoport website:

The needs that the CryoPort Express® Shipper provides include:

* Distribute small to medium volumes of life materials nationally (US) and internationally

The map that is displayed on The Cryoport website simply shows where they have a global presence. There is no mention made that the BRIC countries is the market they are targeting or that the majority of their "revenue" is derived from those countries.


Focus on the Market

* Focus on needs of our customers and freight carrier partners
* Get out into the market and listen, observe and learn
* Possess a global view

This doesn't mean that the international market is their primary focus, it means they are not limiting their target market to just the U.S., but are targeting the international market as well.