CDOC..From 2012 annual report page 12 We marke
Post# of 155
Posted On: 07/29/2013 8:20:45 AM
CDOC..From 2012 annual report
page 12
We market the Echoscope® both as a stand-alone sonar device and as a fully integrated system, the
UIS™ (Underwater Inspection System) which is specifically aimed at the port security market. Since the
introduction of the product to the market we have sold and delivered around 50 systems at market
prices of between $200,000 for standalone devices and $500,000 for integrated UIS™ systems . Recently
we are seeing repeat customers for the equipment leading us to believe that this product is getting
more market acceptance and penetration and that these customers are getting significant returns on
investments in deploying this device leading to their repeat orders.
page 12
We market the Echoscope® both as a stand-alone sonar device and as a fully integrated system, the
UIS™ (Underwater Inspection System) which is specifically aimed at the port security market. Since the
introduction of the product to the market we have sold and delivered around 50 systems at market
prices of between $200,000 for standalone devices and $500,000 for integrated UIS™ systems . Recently
we are seeing repeat customers for the equipment leading us to believe that this product is getting
more market acceptance and penetration and that these customers are getting significant returns on
investments in deploying this device leading to their repeat orders.
(0)
(0)Coda Octopus Group, Inc. (COGI) Stock Research Links
Scroll down for more posts ▼