Latest Zedi Inc. (ZEDIF) Headlines
Electric Vehicle Battery Market - Market Size, Investment Analysis, and Forecast to 2020
M2 - Tue Jan 21, 5:11AM CST
Research and Markets (http://www.researchandmarkets.com/research/34zm8x/electric_vehicle) has announced the addition of the "Electric Vehicle Battery Market - Market Size, Investment Analysis, and Forecast to 2020" report to their offering. The electric vehicle battery is a key component that controls the performance of the electric vehicles, and accounts for a dominating share of the cost of the vehicle. Nickel-metal hydride and lithium-ion batteries are the key battery types that are used in electric vehicles. The global market for electric vehicle battery market is in the early growth stage. The market is largely concentrated in countries such as the US, Japan, China and some European Union (EU) countries where there is an increasing adoption of electric vehicles in order to reduce carbon emissions and dependency on fossil fuels. The reduction in battery pack cost and further improvement in battery technology is essential for the growth of electric vehicle battery market during the forecast period. The report gives detailed information on the current status and the opportunities provided by the electric vehicle battery market for US, UK, Germany, Netherlands, France, Japan, China and the global market. The report starts with a discussion on the global electric vehicle battery market and explores the market size, key initiatives undertaken, drivers and restraints . The report later provides a detailed analysis on market sizing and outlook for these key nations. Vendor landscape analysis for electric vehicle battery players is also provided in the report. Key Topics Covered: 1 List of Tables and Figures 2 Introduction 3 Electric Vehicle Battery Market, Global, 2010 - 2020 4 Electric Vehicle Battery Market, Key Countries, 2010 - 2020 5 Electric Vehicle Battery Market, Technology, 2012 6 Vendor Landscape Analysis of Electric Vehicle Battery Players 7 Appendix Companies Mentioned: - A123 Systems - Automotive Energy Supply Corporation - EnerDel - GS Yuasa International Ltd - Hitachi Vehicle Energy - Johnson Controls - LG Chem Power Inc. - Panasonic Corporation - Primearth EV Energy Co Ltd - Robert Bosch Battery Systems For more information visit http://www.researchandmarkets.com/research/34...ic_vehicle
Zedi Amends Q3-2013 Financial Statements for Non-Cash Amortization Expense
Marketwire - Fri Jan 17, 3:05PM CST
Zedi Inc. (the "Company" or "Zedi") (TSX VENTURE: ZED). Today, Zedi filed amended financial statements as at and for the three and nine months ended September 30, 2013. While completing a systems conversion for capital asset tracking during Q4 of 2013, the Company discovered an error in the amortization of certain internally generated intangible assets which had resulted in the under-amortization of those assets over a number of years. While the impact on any individual reporting period was not considered significant, the cumulative impact of $1.49 million as of September 30, 2013 was deemed significant enough to cause the Company to elect to restate the most recent financial statements as of that date. Management has conducted a complete review of all capital and internally generated intangible assets and the historical calculation of depreciation and amortization to ensure that no further adjustments in this regard will be necessary.
Zedi Inc. Provides Update on Discontinuance of TELUS CDMA EVDO Service
Marketwire - Tue Dec 10, 7:27PM CST
Zedi Inc. (TSX VENTURE: ZED) ("Zedi" or the "Corporation") announced on October 24, 2013 that it had received notice from TELUS Communications ("TELUS") that the TELUS CDMA EVDO service in British Columbia and rural Alberta will be discontinued effective March 31, 2014. Subsequent to that announcement, Zedi has been working diligently to define the full scope, timeline and costs that will be associated with the network discontinuance and has reached an agreement with TELUS on a project plan that finalizes the timing and scope of the work. Field work has commenced based on the project plan. Based on the current schedule in the project plan, the turndown of the network will commence on March 31, 2014, with a phased discontinuance of the EVDO service through to June 30, 2014. There are 7,960 devices that must have HSPA modem updates no later than June 30, 2014. An additional 1,780 devices must be updated by June 30, 2015. Total direct project costs to the Corporation under the plan are projected to be in the range of $10-12 million, prior to any further mitigation. To minimize the impact to its customers, the Corporation is using its own funds to pay the costs associated with the discontinuance of the network and is continuing in its discussions with TELUS with respect to their expected contribution to such costs. The Corporation continues to work diligently internally and with TELUS to both reduce and mitigate the impact on Zedi. Zedi will provide further updates as circumstances warrant.
Zedi Announces Record Q3 Results
Marketwire - Thu Nov 14, 6:07PM CST
Zedi Inc. (the "Company" or "Zedi") (TSX VENTURE: ZED) "Our strong Q2 performance carried on through Q3 and I am pleased to report the highest quarterly revenues in the Company's history of $28,828,000. Growth came from all areas of the business in North America - significant in that it once again reflects the value of the diversification activities that have reduced our reliance on any one single product and/or market. EBITDA also showed strong growth of 119% in Q3 2013 as compared to Q3 2012, as did gross margin, which was 43.6%, up from 40.3% last year. Both of these measures highlight the strength of Zedi's operational efficiencies. The other key metric for Zedi is recurring revenue, the basis of our business model and it too delivered growth - 11% higher than 2012. To summarize, Q3 was a quarter in which all areas of our business performed well which propelled us to our best revenue results ever," says Matthew Heffernan, President and CEO of Zedi. The Q3 financial statements and MD&A are filed on SEDAR and can be accessed at www.sedar.com or on the Company's website at www.zedi.ca.
Zedi Inc. Invites Analysts, Shareholders and Media to Attend the 2013 Third Quarter Results Conference Call
Marketwire - Mon Nov 04, 3:16PM CST
Zedi Inc. (the "Company") (TSX VENTURE: ZED) will announce 2013 third quarter financial results following the close of markets on Thursday, November 14, 2013 and will host a conference call on Friday, November 15, 2013 to discuss the financial results. Analysts, members of the media and other interested parties are invited to participate in the conference call, which will begin at 9:00 am Mountain Standard Time (11:00 am Eastern Standard Time).
Zedi Inc. Reviewing Strategic Alternatives
Marketwire - Thu Oct 31, 8:31PM CDT
Zedi Inc. ("Zedi" or the "Corporation") (TSX VENTURE: ZED) announces that its board of directors is conducting a review of strategic alternatives available to the Corporation with a view to enhancing shareholder value. The board of directors has established a committee of independent directors (the "Independent Committee") to work with management and the Corporation's external advisors to supervise the review of strategic alternatives. The Independent Committee has engaged Simmons & Company International to provide financial advisory services in connection with this review. Strategic alternatives may include, but are not limited to, a corporate sale, merger or other business combination, a sale of a material portion of Zedi's assets, a joint venture with an interested party, a major financing or any other combination that will result in unlocking additional value for shareholders.
Zedi Inc. Announces Plans for Discontinuance of TELUS CDMA EVDO Service
Marketwire - Thu Oct 24, 10:29PM CDT
Zedi Inc. (TSX VENTURE: ZED) ("Zedi" or the "Corporation") announces it has received notice from TELUS Communications that the TELUS CDMA EVDO service in parts of British Columbia and Alberta will be discontinued effective March 31, 2014. Other TELUS CDMA service will not be affected and continue to operate. Zedi understands that the CDMA bandwidth will be repurposed by TELUS to expand their existing HSPA network, which is also currently used by the Corporation. TELUS has committed to work very closely with Zedi staff to minimize the impact to Zedi and to provide support. Zedi is diligently reviewing and assessing the impact of this network change for that portion of the Zedi fleet that communicates via CDMA, and is working with TELUS to develop a plan for the transition to HSPA in a manner that minimizes any impact on our customers. While the full impact of the discontinuance cannot be quantified at this time, Zedi will provide updates as to any specific impacts arising from the network change as more information becomes available.
Zedi Inc. Invites Analysts, Shareholders and Media to Attend the 2013 Second Quarter Results Conference Call
Marketwire - Tue Aug 06, 9:01AM CDT
Zedi Inc. (the "Company") (TSX VENTURE: ZED) will announce 2013 second quarter financial results following the close of markets on Thursday, August 15, 2013 and will host a conference call on Friday, August 16, 2013 to discuss the financial results. Analysts, members of the media and other interested parties are invited to participate in the conference call, which will begin at 9:00 am Mountain Standard Time (11:00 am Eastern Standard Time).
Zedi Announces Q1 Results; Revenue Continues to Grow
Marketwire - Thu May 23, 4:15PM CDT
Zedi Inc. (the "Company" or "Zedi") (TSX VENTURE: ZED) "We kicked off 2013 with year over year revenue growth of 6% in, what continues to be, a tough market, led by our artificial lift and data management solutions. I am particularly pleased to report that, after complying with all US regulatory requirements, Q1 marks the first period with meaningful revenue from artificial lift in our US market. Our EBITDA growth of 3% was lower than our revenue growth having been impacted by an increased investment in both the US and Canada for sales and service capability to support continued growth of our artificial lift business as well as charges related to reorganization within our product management group," says Matthew Heffernan, President and CEO of Zedi. "We are pleased overall with our Q1 results and remain cautiously optimistic that we will continue to perform well, relative to our sector, in the upcoming quarters." The Q1 financial statements and MD&A are filed on SEDAR and can be accessed at www.sedar.com or
Zedi Inc. Invites Analysts, Shareholders and Media to Attend the 2013 First Quarter Results Conference Call
Marketwire - Mon May 13, 10:01AM CDT
Zedi Inc. (the "Company") (TSX VENTURE: ZED) will announce 2013 first quarter financial results following the close of markets on Thursday, May 23, 2013 and will host a conference call on Friday, May 24, 2013 to discuss the financial results. Analysts, members of the media and other interested parties are invited to participate in the conference call, which will begin at 9:00 am Mountain Standard Time (11:00 am Eastern Standard Time).
Centrica Energy Upstream turns to Zedi to help reduce operating costs
Marketwire - Wed Apr 24, 4:31PM CDT
Zedi Inc. (the "Company" or "Zedi") (TSX VENTURE: ZED) - Centrica Energy Upstream implemented approximately C$1 million of Zedi technology that was purchased in late 2012 to automate 76 existing measurement sites across Western Canada. These sites were retrofitted with Zedi's automated field devices, Smart-Alek and Zedi SCADA, in the first quarter of 2013. In addition, Centrica Energy will use the Zedi Access online platform to remotely monitor and control these sites.
Electric Vehicle Battery Market - Market Size, Investment Analysis, and Forecast to 2020
M2 - Tue Jan 21, 5:11AM CST
Research and Markets (http://www.researchandmarkets.com/research/34zm8x/electric_vehicle) has announced the addition of the "Electric Vehicle Battery Market - Market Size, Investment Analysis, and Forecast to 2020" report to their offering. The electric vehicle battery is a key component that controls the performance of the electric vehicles, and accounts for a dominating share of the cost of the vehicle. Nickel-metal hydride and lithium-ion batteries are the key battery types that are used in electric vehicles. The global market for electric vehicle battery market is in the early growth stage. The market is largely concentrated in countries such as the US, Japan, China and some European Union (EU) countries where there is an increasing adoption of electric vehicles in order to reduce carbon emissions and dependency on fossil fuels. The reduction in battery pack cost and further improvement in battery technology is essential for the growth of electric vehicle battery market during the forecast period. The report gives detailed information on the current status and the opportunities provided by the electric vehicle battery market for US, UK, Germany, Netherlands, France, Japan, China and the global market. The report starts with a discussion on the global electric vehicle battery market and explores the market size, key initiatives undertaken, drivers and restraints . The report later provides a detailed analysis on market sizing and outlook for these key nations. Vendor landscape analysis for electric vehicle battery players is also provided in the report. Key Topics Covered: 1 List of Tables and Figures 2 Introduction 3 Electric Vehicle Battery Market, Global, 2010 - 2020 4 Electric Vehicle Battery Market, Key Countries, 2010 - 2020 5 Electric Vehicle Battery Market, Technology, 2012 6 Vendor Landscape Analysis of Electric Vehicle Battery Players 7 Appendix Companies Mentioned: - A123 Systems - Automotive Energy Supply Corporation - EnerDel - GS Yuasa International Ltd - Hitachi Vehicle Energy - Johnson Controls - LG Chem Power Inc. - Panasonic Corporation - Primearth EV Energy Co Ltd - Robert Bosch Battery Systems For more information visit http://www.researchandmarkets.com/research/34...ic_vehicle
Zedi Amends Q3-2013 Financial Statements for Non-Cash Amortization Expense
Marketwire - Fri Jan 17, 3:05PM CST
Zedi Inc. (the "Company" or "Zedi") (TSX VENTURE: ZED). Today, Zedi filed amended financial statements as at and for the three and nine months ended September 30, 2013. While completing a systems conversion for capital asset tracking during Q4 of 2013, the Company discovered an error in the amortization of certain internally generated intangible assets which had resulted in the under-amortization of those assets over a number of years. While the impact on any individual reporting period was not considered significant, the cumulative impact of $1.49 million as of September 30, 2013 was deemed significant enough to cause the Company to elect to restate the most recent financial statements as of that date. Management has conducted a complete review of all capital and internally generated intangible assets and the historical calculation of depreciation and amortization to ensure that no further adjustments in this regard will be necessary.
Zedi Inc. Provides Update on Discontinuance of TELUS CDMA EVDO Service
Marketwire - Tue Dec 10, 7:27PM CST
Zedi Inc. (TSX VENTURE: ZED) ("Zedi" or the "Corporation") announced on October 24, 2013 that it had received notice from TELUS Communications ("TELUS") that the TELUS CDMA EVDO service in British Columbia and rural Alberta will be discontinued effective March 31, 2014. Subsequent to that announcement, Zedi has been working diligently to define the full scope, timeline and costs that will be associated with the network discontinuance and has reached an agreement with TELUS on a project plan that finalizes the timing and scope of the work. Field work has commenced based on the project plan. Based on the current schedule in the project plan, the turndown of the network will commence on March 31, 2014, with a phased discontinuance of the EVDO service through to June 30, 2014. There are 7,960 devices that must have HSPA modem updates no later than June 30, 2014. An additional 1,780 devices must be updated by June 30, 2015. Total direct project costs to the Corporation under the plan are projected to be in the range of $10-12 million, prior to any further mitigation. To minimize the impact to its customers, the Corporation is using its own funds to pay the costs associated with the discontinuance of the network and is continuing in its discussions with TELUS with respect to their expected contribution to such costs. The Corporation continues to work diligently internally and with TELUS to both reduce and mitigate the impact on Zedi. Zedi will provide further updates as circumstances warrant.
Zedi Announces Record Q3 Results
Marketwire - Thu Nov 14, 6:07PM CST
Zedi Inc. (the "Company" or "Zedi") (TSX VENTURE: ZED) "Our strong Q2 performance carried on through Q3 and I am pleased to report the highest quarterly revenues in the Company's history of $28,828,000. Growth came from all areas of the business in North America - significant in that it once again reflects the value of the diversification activities that have reduced our reliance on any one single product and/or market. EBITDA also showed strong growth of 119% in Q3 2013 as compared to Q3 2012, as did gross margin, which was 43.6%, up from 40.3% last year. Both of these measures highlight the strength of Zedi's operational efficiencies. The other key metric for Zedi is recurring revenue, the basis of our business model and it too delivered growth - 11% higher than 2012. To summarize, Q3 was a quarter in which all areas of our business performed well which propelled us to our best revenue results ever," says Matthew Heffernan, President and CEO of Zedi. The Q3 financial statements and MD&A are filed on SEDAR and can be accessed at www.sedar.com or on the Company's website at www.zedi.ca.
Zedi Inc. Invites Analysts, Shareholders and Media to Attend the 2013 Third Quarter Results Conference Call
Marketwire - Mon Nov 04, 3:16PM CST
Zedi Inc. (the "Company") (TSX VENTURE: ZED) will announce 2013 third quarter financial results following the close of markets on Thursday, November 14, 2013 and will host a conference call on Friday, November 15, 2013 to discuss the financial results. Analysts, members of the media and other interested parties are invited to participate in the conference call, which will begin at 9:00 am Mountain Standard Time (11:00 am Eastern Standard Time).
Zedi Inc. Reviewing Strategic Alternatives
Marketwire - Thu Oct 31, 8:31PM CDT
Zedi Inc. ("Zedi" or the "Corporation") (TSX VENTURE: ZED) announces that its board of directors is conducting a review of strategic alternatives available to the Corporation with a view to enhancing shareholder value. The board of directors has established a committee of independent directors (the "Independent Committee") to work with management and the Corporation's external advisors to supervise the review of strategic alternatives. The Independent Committee has engaged Simmons & Company International to provide financial advisory services in connection with this review. Strategic alternatives may include, but are not limited to, a corporate sale, merger or other business combination, a sale of a material portion of Zedi's assets, a joint venture with an interested party, a major financing or any other combination that will result in unlocking additional value for shareholders.
Zedi Inc. Announces Plans for Discontinuance of TELUS CDMA EVDO Service
Marketwire - Thu Oct 24, 10:29PM CDT
Zedi Inc. (TSX VENTURE: ZED) ("Zedi" or the "Corporation") announces it has received notice from TELUS Communications that the TELUS CDMA EVDO service in parts of British Columbia and Alberta will be discontinued effective March 31, 2014. Other TELUS CDMA service will not be affected and continue to operate. Zedi understands that the CDMA bandwidth will be repurposed by TELUS to expand their existing HSPA network, which is also currently used by the Corporation. TELUS has committed to work very closely with Zedi staff to minimize the impact to Zedi and to provide support. Zedi is diligently reviewing and assessing the impact of this network change for that portion of the Zedi fleet that communicates via CDMA, and is working with TELUS to develop a plan for the transition to HSPA in a manner that minimizes any impact on our customers. While the full impact of the discontinuance cannot be quantified at this time, Zedi will provide updates as to any specific impacts arising from the network change as more information becomes available.
Zedi Inc. Invites Analysts, Shareholders and Media to Attend the 2013 Second Quarter Results Conference Call
Marketwire - Tue Aug 06, 9:01AM CDT
Zedi Inc. (the "Company") (TSX VENTURE: ZED) will announce 2013 second quarter financial results following the close of markets on Thursday, August 15, 2013 and will host a conference call on Friday, August 16, 2013 to discuss the financial results. Analysts, members of the media and other interested parties are invited to participate in the conference call, which will begin at 9:00 am Mountain Standard Time (11:00 am Eastern Standard Time).
Zedi Announces Q1 Results; Revenue Continues to Grow
Marketwire - Thu May 23, 4:15PM CDT
Zedi Inc. (the "Company" or "Zedi") (TSX VENTURE: ZED) "We kicked off 2013 with year over year revenue growth of 6% in, what continues to be, a tough market, led by our artificial lift and data management solutions. I am particularly pleased to report that, after complying with all US regulatory requirements, Q1 marks the first period with meaningful revenue from artificial lift in our US market. Our EBITDA growth of 3% was lower than our revenue growth having been impacted by an increased investment in both the US and Canada for sales and service capability to support continued growth of our artificial lift business as well as charges related to reorganization within our product management group," says Matthew Heffernan, President and CEO of Zedi. "We are pleased overall with our Q1 results and remain cautiously optimistic that we will continue to perform well, relative to our sector, in the upcoming quarters." The Q1 financial statements and MD&A are filed on SEDAR and can be accessed at www.sedar.com or
Zedi Inc. Invites Analysts, Shareholders and Media to Attend the 2013 First Quarter Results Conference Call
Marketwire - Mon May 13, 10:01AM CDT
Zedi Inc. (the "Company") (TSX VENTURE: ZED) will announce 2013 first quarter financial results following the close of markets on Thursday, May 23, 2013 and will host a conference call on Friday, May 24, 2013 to discuss the financial results. Analysts, members of the media and other interested parties are invited to participate in the conference call, which will begin at 9:00 am Mountain Standard Time (11:00 am Eastern Standard Time).
Centrica Energy Upstream turns to Zedi to help reduce operating costs
Marketwire - Wed Apr 24, 4:31PM CDT
Zedi Inc. (the "Company" or "Zedi") (TSX VENTURE: ZED) - Centrica Energy Upstream implemented approximately C$1 million of Zedi technology that was purchased in late 2012 to automate 76 existing measurement sites across Western Canada. These sites were retrofitted with Zedi's automated field devices, Smart-Alek and Zedi SCADA, in the first quarter of 2013. In addition, Centrica Energy will use the Zedi Access online platform to remotely monitor and control these sites.
