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Amnis Systems (OTC BB: AMNM)- Trading Alert-
News and Support Levels Suggest Higher Prices Imminent
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Amnis Systems continues to
be a great candidate for a turn around. In tomorrow's trading this
stock will probably make a new high since we first starting coverage on
June 6th at $.07. I believe the $.125 former high will be eclipsed.
My short term target of $.15 remains
intact (55% above today's closing price), especially in light of today's
developments. However, longer term I believe this stock could trade considerably
higher on the heels of new product introductions which are in the pipeline.
Amnis has what may be the
best video streaming technology on the market today. Their video stream
is delivered over any broadband network in "real time", which allows Amnis
systems to be used for many exotic applications.
Amnis systems power virtual
classrooms for the University of Hawaii, University of Alaska, Hughes,
Pfizer, Daimler Chrysler, and many others.
An Amnis system was used by
Bell Canada to provide a video network to perform remote surgery. A doctor
performed the surgery miles away from the operating room using robotics
and a real time Amnis video system to do his work.
Attack drones are remotely flown
using Amnis video technology where a real-time video image in mission
critical, as with remote robotics surgery. Traffic is monitored from a
remote location by the police department in the City of Suzhou, China.
There are over 4,000 Amnis
systems installed world wide. The company has an incredibly loyal customer
base despite having nearly closed its doors two months ago. New management
with new money has the company back on track.
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Germany
University Intranet Completes Testing On Amnis Technology |
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Apparently, the German University
system is nationally connected by several private broadband gigabit networks,
which are operated by the Deutsches Forschungsnetz, the computer based
communication infrastructure of science, research and education in Germany.
According to today's news release,
extensive testing of the Amnis system has been performed at the Leibniz
Computing Center at Munich University. The following quote comes from Dr.
Victor Apostolescu, head of network planning for Leibniz: “Amnis
systems rate the best of cost, performance and functionality for multicasting,
content distribution and live streaming desktop player,” said Dr. Victor
Apostolescu, Head of Network Planning and Management of LRZ. “Their
key advantages include the products small size and simplicity, low latency,
remote camera control and web-browser management, which are all ideal for
classroom environments.”
New management seems to be wasting
no time in getting this company back on track. From today's press release,
I believe it is fair to assume new product orders will follow for the German
University system, which is already hard wired for significant broadband
capability.
As you can see from the chart, the
stock is stair stepping higher with each news release. Investors are getting
more comfortable with the imminent turnaround in the fortunes of Amnis.
The highs are trying to get higher, and the lows are definitely getting
higher.
Today's news release came out just
after the close. I wouldn't be surprised to see the stock break through
the post June 6th high of $.125 and maybe challenge my $.15 target in the
next day or two. Whatever the case, the support levels for the stock are
definitely headed North.
However, I believe the biggest moves
could be ahead. Look for progress in the homeland security arena to really
put some serious legs in the stock. If that happens, you won't own enough.
Here is the complete text of today's
new release for your review:
| Press Release Source:
Amnis Systems Inc.
Amnis Systems Teams
With Pan Dacom Networking to Provide Universities In Germany With Distance
Learning Solutions
Monday July 7, 4:18 pm ET
Amnis products and technology open
up possibilities for dialogue between teachers and learners
PALO ALTO, Calif., July
7 /PRNewswire-FirstCall/ -- Amnis Systems Inc. (OTCBB: AMNM - News), a
leading global provider of networked streaming video systems, announces
that it has teamed with Pan Dacom Networking AG to deliver high- quality
video for distance learning solutions throughout Universities in Germany.
The universities are nationally connected by several private broadband
gigabit networks, which are operated by the Deutsches Forschungsnetz (DFN);
this is the computer based communication infrastructure of science, research
and education in Germany. After in-depth testing, main universities like
Friedrich-Schiller-University of Jena, Leibniz-Rechenzentrum (LRZ; Leibniz
Computing Center) Munich and the University of Hannover selected Amnis
video systems and are now connecting more than 50 universities.
"Amnis products are the
preferred broadband IP video solution for distance learning applications
in Germany," said Dittmar Schwenke, Regional Manager of Pan Dacom Networking
AG. "Their hardware and software infrastructure products offer broad flexibility
to meet cost, performance, and application requirements. We at Pan Dacom
fully support Amnis by providing integrated turnkey distance learning solutions
to universities in Germany."
Amnis' products were
subjected to in-depth testing by LRZ in Munich, which operates and manages
the Munich Wissenschaftsnetz (MWN; Munich Scientific Network). The MWN
is a Metropolitan Area Network (gigabit fiber backbone) that connects over
200 facilities, buildings and student residences throughout the Munich
area. "Amnis systems rate the best of cost, performance and functionality
for multicasting, content distribution and live streaming desktop player,"
said Dr. Victor Apostolescu, Head of Network Planning and Management of
LRZ. "Their key advantages include the products' small size and simplicity,
low latency, remote camera control and web-browser management, which are
all ideal for classroom environments."
In addition to the LRZ
facilities, Amnis has deployed its VS-Pro(TM) video systems at the Friedrich-Schiller
University of Jena, one of the most important computer centers of central
Germany. The University of Jena regularly uses Amnis products to perform
distance-learning exercises between universities and remote campuses over
their broadband network. Future deployments will be to implement Amnis
Systems' NAC(TM) and LivePlayer(TM) products for use by educators in the
classrooms.
To build the distance
learning system, Pan Dacom used Amnis Systems' NAC live streaming video
encoders and receivers, VS-Pro video systems and its LivePlayer streaming
media desktop players. All products are interoperable between one another
and are ideal for high-quality MPEG video creation, delivery, management
and distribution. The products feature a robust design for high reliability,
flexibility in configuration, and plug-and-play capability to seamlessly
integrate into existing network systems.
"Amnis and Pan Dacom
have teamed to deploy the largest installed base of MPEG-2 over IP video
solutions in German Universities," said Scott Mac Caughern, CEO of Amnis
Systems. "We are proud to be the premier existing supplier in delivering
high-quality digital video, adding value and capability to networked communications
and distribution systems."
About Pan Dacom Networking
AG
Pan Dacom, established
in 1981 in Frankfurt, is one of the leading providers of network management
and integration services in Germany. Pan Dacom supplies network solutions
to industry, banks, insurances, carriers, government departments, and especially
to German universities. Pan Dacom's headquarters are located in Dreieich
(Frankfurt), and has business offices in Hamburg, Berlin, Dusseldorf, Stuttgart,
and Munich. Pan Dacom also has an international presence in Switzerland
and Greece, and global cooperation through partners in many countries worldwide.
More information is available at www.pandacom.de.
About LRZ
The Leibniz Computing
Centre (LRZ) is a modern service enterprise in the scientific area. It
is:
The scientific computing
centre for the universities in Munich and for the Bavarian Academy of Sciences,
A centre for technical
and scientific high performance supercomputing ("German Supercomputing
Centre"), and
A competence centre
for data communication networks.
For additional information
about LRZ and its services, visit the Web site at www.lrz.de.
About Amnis Systems Inc.
Amnis Systems Inc., formerly
Optivision Inc., is the market leader in the networked streaming video
market for enterprise applications. Based in Palo Alto, California, Amnis
products are used in diverse applications such as surveillance, distance
learning, content distribution, corporate training, telemedicine, video-on-demand
and high-quality video conferencing. To find out more about Amnis Systems
Inc., visit our website at www.amnisinc.com. You may also email us at info@amnisinc.com
or call us at 1-800-239-0600.
'Safe Harbor' statement
under the Private Securities Litigation Reform Act of 1995: This release
contains forward looking statements based on currently available information
which management has assessed but which is dynamic and subject to rapid
change due to risks and uncertainties that affect our business, including,
but not limited to, the impact of competitive products and pricing, limited
visibility into future product demand, slower economic growth generally,
new product development, fluctuations in operating results and other risks
detailed from time to time in the company's filings with the Securities
and Exchange Commission.
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Source: Amnis Systems
Inc. |
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