$ADAC bouncing +22%!! $800K More in REVS! This wee
Post# of 74540
(Total Views: 166)
Posted On: 03/23/2018 10:09:39 AM
$ADAC bouncing +22%!! $800K More in REVS! This weeks update >>
Adama Technologies Receives Purchase Order From Ray Core Lights
https://globenewswire.com/news-release/2018/0...ights.html
Ray Core’s X10 heavy duty work light
Ray Core’s X60 heavy duty work light
LAS VEGAS, March 21, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire – Adama Technologies Corp. (OTCPINK:ADAC) announced today that they have received a purchase order from Ray Core Lights (www.RayCoreLights.com) to manufacture parts for their X60 lighting unit. This new relationship includes the potential for ADAC to secure production for up to 1,000 units per month and means the potential for an additional $800,000 in annual revenue for ADAC.
Harold Tanner stated: “Ray Core is an amazing company with incredible leadership and a great product and vision. ADAC is extremely grateful to work with them and to serve them in their production needs. I truly believe that we can grow together and I look forward to watching the continued success of these great made-in-USA products.”
Ray Core Lights specializes in industrial and work lights. They focus on high end, heavy duty lighting, with their own proprietary RDC lighting technology. They focus on making the longest-lasting, highest-quality light in the market. The X10 lights are designed to outlast all the competition, designed to handle extreme environments and designed to deliver large amounts of light. Just one X10 outshines several competitor lights combined as the X10 gives off over 10,000 lumens using only 80 watts. Ray Core lights are perfect to be fitted on dozers, haul trucks, graders, pickups and excavators. The X60 is even more powerful and can turn night into day with the brightest no-bulb work light in the world. It delivers over 60,000 lumens using only 480 watts. These lights are used atop earthmoving shovels in the scorching desert, rock -crushing drills, and even light plants in the frozen tundra.
The Company announces this new contract as they are working on multiple strategies to increase revenue and to diversify the Company’s current operations and income streams. Harold Tanner continued: "This is a gigantic development for the Company. Traditionally, more than 90% of our revenue has stemmed from government defense contracts. For months we have been focused on diversifying our revenue and now, in additional to ramping up our government contracts, we are starting to see a good influx of these private-sector contracts, putting ADAC on the path to a more diverse, broader base of revenue streams.”
Mr. Tanner concluded: “The month of March has indeed been a record revenue month for ADAC. With combined private-sector contracts and new defense contracts, we are on track to have our best year ever. I look forward to continuing to tell ADAC’s exciting and developing story.”
About Adama Technologies Military Defense Operations
Adama Technologies completed the acquisition of Alpine Industries in November of 2016. Alpine Industries is a precision machining and aerospace manufacturing company. Since its inception in 1974, Alpine has manufactured several hundred aerospace landing gear components and other spare parts. Alpine continues to work as a US government contractor and currently holds over 15 US Military contracts with the majority of them with the US Air Force. Presently, Alpine manufactures such items as M1 Mine Clearing Blades, hypo-chlorination units, tow bridles, 60 ton jacks for the C5A, AIM-9 missile body trainers, numerous bolts and screws, drag links for the F-16 fighter planes, and many other landing gear parts. In addition to the US military, Alpine also manufactures parts for several private companies including parts for drilling components used in oil and water wells, roller-coasters, motorcycles, zip line parts, crash pads, and drilling carts.
Contact Information:
Address:
1000 N. Green Valley
Suite 380
Henderson, NV 89074
Phone: (866) 859-8697
Website: www.AdamaTechnologies.com
Adama Technologies Receives Purchase Order From Ray Core Lights
https://globenewswire.com/news-release/2018/0...ights.html
Ray Core’s X10 heavy duty work light
Ray Core’s X60 heavy duty work light
LAS VEGAS, March 21, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire – Adama Technologies Corp. (OTCPINK:ADAC) announced today that they have received a purchase order from Ray Core Lights (www.RayCoreLights.com) to manufacture parts for their X60 lighting unit. This new relationship includes the potential for ADAC to secure production for up to 1,000 units per month and means the potential for an additional $800,000 in annual revenue for ADAC.
Harold Tanner stated: “Ray Core is an amazing company with incredible leadership and a great product and vision. ADAC is extremely grateful to work with them and to serve them in their production needs. I truly believe that we can grow together and I look forward to watching the continued success of these great made-in-USA products.”
Ray Core Lights specializes in industrial and work lights. They focus on high end, heavy duty lighting, with their own proprietary RDC lighting technology. They focus on making the longest-lasting, highest-quality light in the market. The X10 lights are designed to outlast all the competition, designed to handle extreme environments and designed to deliver large amounts of light. Just one X10 outshines several competitor lights combined as the X10 gives off over 10,000 lumens using only 80 watts. Ray Core lights are perfect to be fitted on dozers, haul trucks, graders, pickups and excavators. The X60 is even more powerful and can turn night into day with the brightest no-bulb work light in the world. It delivers over 60,000 lumens using only 480 watts. These lights are used atop earthmoving shovels in the scorching desert, rock -crushing drills, and even light plants in the frozen tundra.
The Company announces this new contract as they are working on multiple strategies to increase revenue and to diversify the Company’s current operations and income streams. Harold Tanner continued: "This is a gigantic development for the Company. Traditionally, more than 90% of our revenue has stemmed from government defense contracts. For months we have been focused on diversifying our revenue and now, in additional to ramping up our government contracts, we are starting to see a good influx of these private-sector contracts, putting ADAC on the path to a more diverse, broader base of revenue streams.”
Mr. Tanner concluded: “The month of March has indeed been a record revenue month for ADAC. With combined private-sector contracts and new defense contracts, we are on track to have our best year ever. I look forward to continuing to tell ADAC’s exciting and developing story.”
About Adama Technologies Military Defense Operations
Adama Technologies completed the acquisition of Alpine Industries in November of 2016. Alpine Industries is a precision machining and aerospace manufacturing company. Since its inception in 1974, Alpine has manufactured several hundred aerospace landing gear components and other spare parts. Alpine continues to work as a US government contractor and currently holds over 15 US Military contracts with the majority of them with the US Air Force. Presently, Alpine manufactures such items as M1 Mine Clearing Blades, hypo-chlorination units, tow bridles, 60 ton jacks for the C5A, AIM-9 missile body trainers, numerous bolts and screws, drag links for the F-16 fighter planes, and many other landing gear parts. In addition to the US military, Alpine also manufactures parts for several private companies including parts for drilling components used in oil and water wells, roller-coasters, motorcycles, zip line parts, crash pads, and drilling carts.
Contact Information:
Address:
1000 N. Green Valley
Suite 380
Henderson, NV 89074
Phone: (866) 859-8697
Website: www.AdamaTechnologies.com
(0)
(0)Scroll down for more posts ▼