Health & Fitness
Health and Fitness
Health and Fitness
Wed, June 2, 2010
Tue, June 1, 2010 NDYN Expecting Accelerated Revenues for 3rd and 4th Quarter 2010
CHICAGO, IL--(Marketwire - June 1, 2010) - Based on contracts already signed in 2010, NaeroDynamics, Inc. (
In the first and second quarters of 2010, NDYN and IETS made solid progress by winning new Telecom Expense Management (TEM) contracts and performing on their existing contracted customer base. As stated by Co-CEO's Lee Wiskowski and Doug Stukel in March 2010, "These contracts should provide millions of dollars in revenues, expected to be reflected in NDYN's third and fourth quarter revenue reports. Furthermore, NDYN expects to sign major additional contracts this year with well known telecom carriers. The IETS pipeline is robust with a number of major prospective customers."
"The contracts call for IETS to receive a percentage of the savings realized by our customers based upon identifying incorrect billings to our customers from their suppliers. Our preliminary data suggests that substantial savings can be achieved for our major customers, however it should be noted that it in most cases, it is up to the customer to implement the savings after we provide the necessary data and analysis, which is not wholly within IETS' control, and which could impact the timing, magnitude and realization of the fees earned by IETS."
About Us:
IE Telco Solutions Ltd (IETS), a wholly owned subsidiary of NaeroDynamics, Inc., specializes in managing and reducing telecoms circuit costs for Telcos and large enterprise. The Company offers a powerful combination of highly skilled and experienced telecoms professionals combined with a unique software application Enterprise Circuit Manager (ECM). ECM ensures full circuit lifecycle inventory control, significant data quality improvements, supplier invoice reconciliation, network optimization, and proven cost reduction. [ http://www.naerodynamics.com/ ]
Forward-Looking Statements:
Certain information discussed in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the company's inability to accurately forecast its operating results; the company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the company's business. For further information on factors which could impact the company and the statements contained herein, reference should be made to the company's filings with the Securities and Exchange Commission, including annual reports on Form 10-KSB, quarterly reports on Form 10-QSB and current reports on Form 8-K. The company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
