eLinear Solutions Wins Over $950,000 in Cisco, Hitachi Data Systems and Panasonic Solutions
06 July 2006 - 10:25PM
Business Wire
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.
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