Post by Hot Christian Stocks on Jan 11, 2013 10:16:34 GMT -5
Greetings, Traders!
Today’s new profile is TouchIT Technologies (TUCN)
Currently under .02 TouchIT designs and manufactures innovative touch-based interactive products for use in both education and corporate environments under the TouchIT Technologies brand name as well as under various OEM brands throughout the world.
There is little question that Apple changed the way the world assimilates information via their introduction of the iPad while Microsoft took touch technology to an even broader audience with the introduction of the Windows 8 touch enabled platform.
Touch is new, touch is big, and touch is here to stay…
Yet have you asked yourself who services the corporate needs of touch technologies? As we grow accustom to these conveniences we now expect such cutting edge technologies in other areas of our lives such as board rooms, meeting rooms and schools.
And this market is massive with more than 67mln meeting rooms and over 1 billion classrooms worldwide.
This is the market of TouchIT Technologies whose products include Interactive Whiteboards, Interactive LCDs, Audience Response Systems, RF Wireless Tablets and the Wizteach Software.
In fact, TUCN is one of only several companies that are even in the interactive whiteboard industry, which grew by 34% in 2009, reaching $1 Billion in sales worldwide. What’s more is that this market is still considered to be in its infancy so its growth has only just begun.
Their market is so new that only a few million whiteboards have been sold worldwide. With such an enormous market for this technology there is huge growth potential. With over 1 billion classrooms worldwide, not to mention corporate board rooms, hotel meeting rooms and several other educational environments it would be very likely for TUCN to generate huge revenues in the near future.
The scale of the opportunity in the corporate space is colossal, with over 67 mln meeting rooms worldwide. This segment of the corporate market alone is twice the scale of school classrooms. This market remains open for the taking and TUCN is perfectly positioned to capitalize on this opportunity.
In some of the Company’s more recent news they announced that they launched TouchIT WebCast, a cloud-based streaming media service with a hardware recorder and online portal. That news can be ready here: TouchIT Technologies, Inc. Announces a Move Into "The Cloud" With TouchIT WebCast(TM)
Even more exciting about TUCN is the fact that its industry growth rate pales in comparison to how fast the Company’s revenue have grown. Just how fast? In 3Q 2012 the Company produced 286k in revenue which was followed by a massive growth of 478k revenue in 4Q 2012. Intellectual Property TouchIT has already filed for a Design Patent for the Interactive Whiteboard and a Provisional US Patent for the use of Infra-red touch technology on a porcelain enameled steel surface to create an interactive whiteboard.
This technology distinguishes TUCN from the competition because no other interactive whiteboard manufacturer has made a touch-based porcelain enamel surface with IR.
Moving forward, the Company plans to file 3 more patents related to its new IR touch array and 2 new patents for its LCD screen. Additionally, TouchIT Technologies owns the designs and the moulds for the Aluminum and IR Plastic and the handset design for its TouchIT Vote Audience Response System.
US Partnership with Largest North American Provider of Forms to Schools and Businesses.
TouchIT recently expanded into the US with a major agreement with Proforma, the largest provider of forms to schools and businesses in North America with 705 franchisees and over 100k customers. Proforma is based in Massachusetts and provides TouchIT with reseller, warehouse and master distributorship capabilities.
TouchIT’s future looks very bright. Currently at just .02 there could be an exceptional opportunity.
Situations like this do not come along every day; start your research right away:
www.touchittechnologies.com
Feel free to continue your research here:
finance.yahoo.com/q?s=tucn
This is not your average bulletin board company; they may be in for something big.
Best Regards,
-Staff from PennyPlayoftheday.com
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