eLinear Solutions Wins $650,000 in New Technology Solutions
24 Enero 2006 - 7:30AM
Business Wire
eLinear, Inc. (AMEX:ELU) announced today that it and its wholly
owned subsidiary, eLinear Solutions, have been awarded $650,000 in
new technology solutions business. Approximately $300,000 of the
total is a compliance driven centralized storage solution for a
current customer within the banking sector. This customer has been
in business for over 40 years and offers a full range of consumer
and commercial financial services for businesses and individuals in
the Dallas/Fort Worth Metroplex. The balance of the $650,000 in new
business includes a variety of solutions to customers within the
Healthcare and Energy sector. Michael Lewis, President & Chief
Executive Officer of eLinear, stated, "We are providing a storage
solution for a banking customer, specifically focusing on their
central data repository and aiding them in their compliance
efforts. This win represents the growing need for banks to maintain
effective controls on customer data in an increasingly strict
regulatory environment." 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. 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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