2017-03-09 07:00 ET - News Release

 

- Fourth Quarter 2016 Results:

-- Revenue of $74.1 million up sequentially from $73.9 million in third quarter 2016

-- GAAP net loss of $(13.1) million, or $(0.25) per share, including $7.1 million of costs associated with exit activities, restructuring and impairments, including additional goodwill impairment of $1.9 million, versus third quarter 2016 GAAP net loss of $(91.3) million and GAAP net loss margin of (17.7%), or $(1.75) per share, including a $78.2 goodwill impairment

-- Adjusted EBITDA(1) of $21.6 million grew 9% sequentially, and Adjusted EBITDA margin(1) up 230 basis points to 29.1%

-- Cash Flow from Operations of $10.2 million decreased $1.3 million from third quarter 2016

-- Adjusted EBITDA less CapEx(1) of $15.3 million increased over 100% from $7.0 million third quarter 2016

TORONTO, ONTARIO--(March 7, 2017) - Deveron UAS Corp. ("Deveron" or the "Company") (CSE:DVR), a major drone-based data provider to the agricultural industry in North America, is pleased to announce a multi-year commitment to working with Thompsons Ltd. to provide leading-edge remote sensing data solutions to its growers. The contract is expected to run through 2018.

 

Thompsons Ltd., a wholly owned subsidiary of US-based Lansing Trade Group LLC and The Andersons Inc., is a major Ag Retailer that has been in business since 1924. Its people and innovation have contributed to its success with a core focus of providing its growers with customized, advanced agronomy solutions.

Strong sales results expected throughout the year

 

DALLAS, TX--(Marketwired - Feb 14, 2017) - COPsync, Inc. (NASDAQ: COYN) today stated a positive 2017 business outlook for its core products, the COPsync law enforcement real-time information sharing and communication Network™ and the COPsync911™ threat-alert system for schools, courthouses, government buildings and other potentially at-risk facilities.

 

This positive outlook results from the Company's record 2016 sales bookings, its strong sales bookings thus far in 2017 and policies expected to flow from the Trump Administration.

 

These strong 2016 and 2017 sales bookings result, in part, from the Company's new sales strategy of collaborating with law enforcement and school subject matter experts and influencers. This new sales strategy has shortened the sales cycle and increased sales velocity.

SANTA CLARA, Calif., Feb. 7, 2017 -- UniPixel, Inc. (NASDAQ: UNXL), a provider of high performance metal mesh capacitive touch sensors to the touchscreen and flexible display markets, announced today positive results from in-house testing conducted on its XTouch touch screen sensors for use in future flexible/foldable display devices such as smartphones, tablets, and wearable devices.

 

UniPixel conducted tests in which its XTouch sensors were folded and opened more than 200,000 times at a 2-millimeter radius at the fold. During the tests, as well as at the conclusion of those tests, there was no damage to the XTouch sensors and no degradation to their performance capabilities. Flexible displays will also need to have a thin and pliable cover lens that will bend consistently without damage. UniPixel's Diamond Guard scratch resistant cover lens technology is an excellent complement to XTouch sensors as it is applied in a very thin layer and will bend and seamlessly fold as it protects the underlying touch sensor metal mesh from abrasion damage.