| Communications Research, Inc. (OTC BB:CRHI.OB - News) announces that their partnership for software development with The Arkansas School for Mathematics and Sciences, Hot Springs, Arkansas, has successfully tested with TeleWRITER AGS (Advanced Graphics System) Audiographic, Collaborative Computing System and was able to call and successfully communicate with Polycom ViewStations over the Internet in an H.323 standards based call. |
Normally only used as an interactive Audiographic, Collaborative Computing solution, this marks the first time the software based system was successful in establishing and interactively communicating with a standards-based video conference system. Polycom has recently been successful in capturing the majority of the distant learning and corporate computing market for compressed video codes. This testing by our partner is significant for them, as anyone with a standard PC or MAC and the TeleWRITER AGS system can participate in a video conference without a special codec costing thousands of dollars and special communications circuits as ISDN, ATM or Ethernet circuits. For all schools, K-12 students and adult education can be offered in the home with compressed full motion video and audio or graphics, white boarding and computing collaboration, delivered to their home by the internet, provided by cable companies or DSL by local telephone companies.
Initially developed in 1981 by Optel Communications, TeleWRITER was the first audiographic computing collaboration system on the market. Communications Research acquired TeleWRITER and formed TeleWRITER Corporation in 2000. At its peak, TeleWRITER-AGS had approximately a 60% share of the collaborative computing market and thousands of users in the mid-1990's. The market has exceeded industry expectations over the years and currently has well over 2 billion in annual revenues and growing.
The stock has a small float and limited shares outstanding. From their news release 12/12/03.
Given the upcoming growth in the economy, recent developments and joint ventures regarding CRI's TeleWRITER Software, and upcoming projects, management feels comfortable providing the following forward looking projections guidance.
Fiscal Year Fiscal Year Fiscal Year
2004 2005 2006
Revenue $1,876,978 $4,975,422 $9,244,228
Expenses $1,122,264 $2,299,644 $4,767,904
EBITDA $754,714 $2,675,778 $4,476,324
As of last SEC filing CRI has 16,438,091 shares outstanding and approximately 3,946,000 in the float. 100,000,000 are authorized.
CRI is comprised of three separate divisions:
1.Systems Integration -- Design/Build
2.Special Systems Consulting/Engineering
3.TeleWRITER Corporation Products
CRI provides its clients with sophisticated communications solutions for the full deployment of digital, voice and video technology. They have been providing the development, design, integration and support of large-scale security, surveillance, audio/visual, professional video and computer/network systems since 1989.
CRI is qualified and registered to do business with all branches of the Federal Government. Its central location provides it with a strategic advantage when bidding on projects for federal, state and local governments in the Northeast and Middle Atlantic region. CRI has recently signed several contracts and has bid on numerous others as it has seen a material pick-up in activity in the government, corporate and educational sectors.
Communications Research, Inc.
Carl R. Ceragno, President
(201) 684-0884, Fax
Here's SEC filings link, do your own DD
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