[Freeciv-Dev] (OTCBB : LMGR) Paves the way in the Field of Optics
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Emerging Growth Stock Alert
Light Management Group Inc. A Pioneer in the Field of Optics
*Tonight: A company with massive (and profitable) revenue projections, top-notch technology, and an industry poised for enormous growth.
NEW: 3/04/02- Light Management Group Inc.
Announces Distribution Contract for South
* Read the Full Announcement Later Within This Report
Key Points about LMGR
LMGR projects profitability will be achieved in fiscal 2002, and has estimated that revenue from product sales will exceed $20 million $US, with anticipation of profits near $7.5 million. Revenue projections for 2003 and 2004 are $100 million and $300 million respectively.
LMGR was recently awarded Three Gold Medals at the 50th World Exhibition of Innovation in Brussels, Belgium for its advancements with its Ultraviolet Scanner, Laser Projector, and Acousto-Optic Switch technology.
LMGR has recently filed for two U.S. patents in the fiber optics field which the company expects to have significant applications in telecommunications, data transmission, and Internet technology.
|Company Name ||Light Management Group Inc. (OTCBB:LMGR)|
Shares in Float
|26.5 million (appx.)|
18 million (appx.)
Light Management Group, Inc. (OTCBB:LMGR) is a publicly traded company engaged in the acquisition, development and sale of new optical and light technologies, equipment and services. LMGR has developed and patented acousto-optic management products, utilizing best-of-class technologies from around the world. With this technology at its center, the Company has discovered a new application: using this technology as a switch for the fiber optics industry. The market for this application is expected to globally reach
$16.1 Billion by 2010.
LMGR is the parent company with the following wholly owned subsidiaries:
Laser Show Systems Investments Ltd. (UK)
Laser Show Systems (Canada) Ltd.
Exclusive Advertising Inc. (an Ontario Corporation)
Optico Luz S.A.
Light Research and Development Ltd. (an Ontario Corporation)
One of the greatest growth achievements of the 20th century has been the explosion of the networked world and particularly the Internet. In 1900, there were 10 million phones worldwide. In 1960 there were 100 million. By 1990 there were 500 million, and in the past 10 years of the 20th century the network nearly doubled in size. The 1990s also saw tremendous increases in the number of internet users and optical networks will play a pivotal role in the key transmission of voice, data and video. Optical networks hold the promise of greatly increased speed at greatly reduced cost. Again, this industry is expected to exceed $16.1 Billion in 2010 and LMGR is ready to lead the way.
Hot off the Press- LMGR News
Light Management Group Inc. Announces Distribution Contract for South American Subsidiary with Master Distributor Esoluciones S.A.
NORCROSS, Ga.--(BUSINESS WIRE)--March 4, 2002--Light Management Group Inc. (OTCBB:LMGR - news)
Optico Luz SA to Re-Sell NetScreen Technologies Products
Light Management Group Inc. (LMG) (OTCBB:LMGR - news; lmgr.net), developer of new applications in optical and light technologies employing sound waves, today announced that its South American subsidiary, Optico Luz SA, has procured a contract to be a distributor of NetScreen Technologies (Nasdaq:NSCN - news) products for Esoluciones S.A.
According to the terms of the contract, Optico Luz SA will become a VAR (Value-Added Re-seller) for Esoluciones S.A. in the territory of Ecuador. Esoluciones S.A. is a Colombian-based company that distributes software and hardware to clients, along with solutions in remote connectivity, network management, security, internetworking and administration of Computer Science. Esoluciones S.A. is the Master Distributor of NetScreen products throughout the Andean Pact nations of Ecuador, Guyana, Suriname and Venezuela, providing complete infrastructure for support and local service.
NetScreen Technologies develops, markets and sells a broad family of network security systems and appliances that deliver high-performance, cost-effective security for enterprises and service providers. Its security systems and appliances deliver integrated firewall, virtual private network and network traffic management capabilities in a single device using its proprietary application-specific integrated circuit (``GigaScreen ASIC'') and its proprietary security operating system and applications (``ScreenOS'').
Several of NetScreen Technologies' products have won prestigious technology awards. The NetScreen-5XP Operating System, for instance, won the SuperQuest Award for ``Most Promising New Technology'' in the Application Layer Systems and Technology category at the 2001 SuperComm technology exhibition in Atlanta. The SuperQuest Awards are sponsored by SuperComm and CMP Media's tele.com magazine.
Optico Luz SA was launched as a subsidiary of Light Management Group in April, 2001. Its mandate is to enhance and capitalize on the tremendous growth of the fiber optic and telecommunications industries in Latin America. During its first quarter of operation, Optico Luz SA was already in a position of achieving revenue, as announced on July 27, 2001.
``Optico Luz is very proud to re-sell an accomplished internet security product line of such renown and applicability as the NetScreen products,'' said Eduardo Ayala, President, Optico Luz SA. ``Through our new initiative with Esoluciones S.A., Optico Luz will realize revenue as a re-seller of products with tremendous appeal to internet-based businesses and ISPs in a territory with fast-emerging telecommunications concerns.''
Light Management Group Inc. specializes in the development of new applications in optical and light technologies. LMG's breakthrough technology employs sound waves to focus and direct light. LMG has filed for two United States patents in the fiber optics field, both of which could have significant applications in telecommunications, data transmission, and Internet technology. Light Management Group is committed to fulfilling demand for multiple, complex levels of switching within the communications industry.
Cautionary Statement for Purposes of the ``Safe Harbor'' Provisions of the Private Securities Litigation Reform Act of 1995: Statements, other than historical facts, included in the foregoing news release may constitute ``forward looking statements'' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements, which include, but are not limited to, words such as ``expect,'' ``anticipate,'' ``estimate,'' ``plan,'' ``project'' and ``intend'' are based on management's beliefs and assumptions, and on information currently available to management and involve certain known and unknown risks, uncertainties and other factors which may cause these statements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Such factors include, among others, the Company's ability to successfully implement its business plan and integrate any proposed and future business arrangements; potential fluctuations in financial results, dependence on new product development, rapid technological and market change, failure to complete the manufacture of products on schedule and on budget, uncertainties relating to business and economic conditions in markets in which the Company operates and relating to customer plans and commitments; dependence on intellectual property rights; and the competitive environment in which the Company operates and other risks detailed from time to time in the Company's periodic reports filed with the United States Securities and Exchange Commission and other regulatory authorities.
LMGRÿFFFF92s growth strategy focuses on increasing the number of its corporate partner contacts, patenting the full range of its products and designs, and acquiring strategic, forward looking partners. In addition, LMGR focuses on the following areas of application development:
1) Digital Communications
2) Visual Media (including outdoor
3) Industrial Equipment
The potential applications for LMGR's technology are virtually limitless. With this in mind, LMGR is already demonstrating some of the many uses of its proprietary technologies. The companyÿFFFF92s laser projection system, called RGB Laser Projection, produces three-dimensional designs that can be used to market products on large-scale billboards, and it is ready to take the advertising world by storm.
LMGR has proved itself to be on the cutting edge of revolutionizing the optical industry. With a $16.1 billion market expected in 2010, LMGR is positioning itself to be an industry leader through aggressive development of its technologies. Its internationally recognized technologies have earned four distinct honors at the 50th World Exhibition of Innovation, Research, and New Technology convention in Belgium whose past recipients have been Kings of Morocco, Thailand, and former U.S. Secretary of State Henry Kissinger. With projected revenues of $100 million in 2003 and $300 million in 2004, LMGR is definitely worth a second look at these levels.
Information within this email contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements."
Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "projects", "foresee", "expects", "will," "anticipates," "estimates," "believes," "understands" or that by statements indicating certain actions "may," "could," or "might" occur. All information provided within this email pertaining to investing, stocks, securities must be understood as information provided and not investment advice Investment News Alert advises all readers and subscribers to seek advice from a registered professional securities representative before deciding to trade in stocks featured within this email. None of the material within this report shall be construed as any kind of investment advice.
In compliance with the Securities Act of 1933, Section17(b), Emerging Growth Stock Alert discloses the receipt of two hundred thousand unrestricted shares of LMGR from a third party for the publication of this report and additional services related to LMGR. Be aware of an inherent conflict of interest resulting from our intent to profit from the sale of these shares. Part or all of our position may be liquidated at any time, even after we have made positive statements regarding the above company. All factual information in this report was gathered from public sources, including but not limited to SEC filings, Company Press Releases, and Market Guide. Emerging Growth Stock Alert believes this information to be reliable but can make no guarantee as to its accuracy or completeness. Use of the material within this email constitutes your acceptance of these terms.
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