Elinear (AMEX:ELU)
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From Jun 2019 to Jun 2024
eLinear, Inc. (AMEX:ELU) announced today that it and its
wholly owned subsidiary, eLinear Solutions, have been awarded
solutions amounting over $800,000 for several Texas leading medical
institutions. The solutions eLinear will be implementing entail
technologies from several of its key strategic partners, including
Cisco Systems, Hitachi Data Systems and Panasonic. Additionally,
eLinear was awarded over $150,000 in the initial phase of a near
$2,000,000 potential Panasonic project by a Fortune 50 energy firm.
There is no firm commitment for the remainder of this project as of
yet. Revenue from these projects will be realized in the third fiscal
quarter of 2006.
Tommy Allen, Chief Executive Officer of eLinear, stated, "These
wins are significant and represent continuing strength in our pipeline
within the healthcare and energy sectors. They reflect the trust that
major institutions have in our ability to design, implement and
support advanced enterprise storage solutions that provide critical
path technology that enhances overall IT effectiveness."
About eLinear, Inc.
eLinear, Inc. is a communications, security and compliance company
providing integrated technology solutions including information and
physical security, IP Telephony and network and storage solutions
infrastructure. Typically, the company's customers are Fortune 2000
and small to medium sized business organizations. eLinear's services
are offered to companies seeking to increase productivity or reduce
costs through investing in technology. eLinear has a national and
international footprint and has its headquarters in Houston, Texas.
It's Middle East operations are at the Dubai Internet City. For more
information, see http://www.elinear.com.
Safe Harbor Statement
This press release contains statements that may constitute
forward-looking statements, including the company's ability to realize
the projected revenues from the newly announced project orders and the
future strength of the company's business and industry. These
statements are based on current expectations and assumptions and
involve a number of uncertainties and risks that could cause actual
results to differ materially from those currently expected. For
additional information about eLinear please visit www.elinear.com or
www.sec.gov. eLinear undertakes no obligation to update any
forward-looking statement that may be made from time to time by or on
behalf of the company, whether as a result of new information, future
events or otherwise.