Watson
29-07-2004, 03:40 PM
Came across this one today.....current SP .50C Basically they supply Air traffic software systems.
shares issued 65 million
Market cap 33 million.
Has been as high as 102 and 52 week low of 42.5
In the last 6 months they have secured some large deals:
Janurary 2004 $21 million contract extension from Lockhead Martin.
December 2003 $27 million US Airforce contract
Adacel Technologies Limited has formed strategic alliances with some of the world’s top technology companies. Our partnerships ensure that we have access to application components that allow us to deliver world-class software engineering solutions that meet and exceed the demands of our customers.
Adacel is supplying its Aurora air traffic management (ATM) system software to Lockheed Martin ATM for the US Federal Aviation Administration Advanced Technologies and Oceanic Procedures (ATOP). This project will revolutionize international air traffic management by providing shorter travelling times for passengers and real benefits to the airline industry. Adacel expects to work with Lockheed Martin to address similar project opportunities throughout the world.
Adacel has a strategic alliance with Intel under the Intel "e-Business Solution Provider Program". The purpose of this program is to combine Adacel's products, internet consulting and project development capabilities with Intel's server, microprocessor and networking product capabilities to access the e-Business market more effectively than either could in isolation.
To facilitate the objectives of this alliance, Adacel has partnered with Intel in their Accelerated Technology Deployment Programme where Intel provided equipment is being used to both enhance Adacel's development and testing capabilities and provide a showcase for Adacel's products.
Any thoughts???
Cheers Watson
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shares issued 65 million
Market cap 33 million.
Has been as high as 102 and 52 week low of 42.5
In the last 6 months they have secured some large deals:
Janurary 2004 $21 million contract extension from Lockhead Martin.
December 2003 $27 million US Airforce contract
Adacel Technologies Limited has formed strategic alliances with some of the world’s top technology companies. Our partnerships ensure that we have access to application components that allow us to deliver world-class software engineering solutions that meet and exceed the demands of our customers.
Adacel is supplying its Aurora air traffic management (ATM) system software to Lockheed Martin ATM for the US Federal Aviation Administration Advanced Technologies and Oceanic Procedures (ATOP). This project will revolutionize international air traffic management by providing shorter travelling times for passengers and real benefits to the airline industry. Adacel expects to work with Lockheed Martin to address similar project opportunities throughout the world.
Adacel has a strategic alliance with Intel under the Intel "e-Business Solution Provider Program". The purpose of this program is to combine Adacel's products, internet consulting and project development capabilities with Intel's server, microprocessor and networking product capabilities to access the e-Business market more effectively than either could in isolation.
To facilitate the objectives of this alliance, Adacel has partnered with Intel in their Accelerated Technology Deployment Programme where Intel provided equipment is being used to both enhance Adacel's development and testing capabilities and provide a showcase for Adacel's products.
Any thoughts???
Cheers Watson
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