Sutron Corporation Books $2,641,160 July 2006.STERLING, Va. -- Sutron Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :STRN), a leading provider of hydrological hy·drol·o·gy n. The scientific study of the properties, distribution, and effects of water on the earth's surface, in the soil and underlying rocks, and in the atmosphere. and meteorological me·te·or·ol·o·gy n. The science that deals with the phenomena of the atmosphere, especially weather and weather conditions. [French météorologie, from Greek monitoring products, systems and services, is pleased to announce the receipt of customer orders totaling $2,641,160 in July July: see month. 2006. The following orders were the most significant:
1. A $676,757 order from the US Army Corps of Engineers to
modernize five locks in the New Orleans area. Reliable
real-time monitoring of these locks is vital for managing risk
during the 2006 hurricane season. By providing expertise,
systems and services to monitor, warn and control flood and
storm surge factors, Sutron is playing a key role in securing
critical infrastructure in the affected area.
2. A $657,400 order from the US Geological Survey's HIF for
Sutron's GOES Satellite Transmitter/Logger, SatLink2, and
various sensors for measuring water level. This order is
primarily to replace equipment damaged as a result of
Hurricane Katrina in Alabama, Mississippi, Louisiana, and
Texas.
3. A $299,406 order from NOAA's National Ocean Survey for 16 Tide
Gauges and associated sensors.
4. A $234,864 order from NOAA's National Data Buoy Center (NDBC)
for 36 units of Sutron's 40 Watt GOES Satellite
Transmitter/Logger, SL2-B40W, to be installed on NDBC buoys to
gather and transmit real-time data from stations in the
Atlantic Ocean, Pacific Ocean and the Gulf of Mexico.
5. Additionally, Sutron was awarded two Small Business Innovation
Research (SBIR) Phase I Contracts from NOAA's NOS/NMFS/OAR
acquisition division. The first SBIR, totalling $94,479, calls
for Sutron to develop a prototype (preliminary design and
specifications) for a "DCPI Low Power and Low Cost Command
Receiver". The new DCPI (Data Collection Platform with
Interrogate Capability) employing DS-CDMA RF transmission
techniques will allow two-way communication through the GOES
Satellite System and other Geostationary Satellite Systems.
Receipt of the Phase I award and anticipated receipt of the
2007 Phase II award to continue SBIR DCPI design significantly
reinforce Sutron's dominance of the global weather satellite
transmitter/receiver market.
The second NOAA SBIR received by Sutron in July, $94,380, is
to innovate an "Improved Water Level Measurement System", and
calls for Sutron to produce an improved design of the
dual-orifice bubble gauge for water level observations in cold
regions. The enhancements will consist of adding capabilities
to use optimized true-differential sensors and specialized
processing to increase accuracy, particularly in the presence
of water waves.
6. A $181,956 order from the US Army Corps of Engineers, Tulsa
District, for GOES Satellite Transmitter/Loggers, SatLink2's,
and various sensors for measuring water level and
meteorological parameters.
Sutron designs, manufactures, installs and supports solutions for hydrological, meteorological and coastal/oceanic systems monitoring water level, water quality, flooding, coastline and tidal tidal /ti·dal/ (ti´d'l) ebbing and flowing like the waters of the oceans. tid·al adj. Resembling the tides; alternately rising and falling. parameters, weather, dam safety and hydropower hy·dro·pow·er n. Hydroelectric power. . Sutron's customers include Federal Agencies such as the US Geological Survey The term geological survey can be used to describe both the conduct of a survey for geological purposes and an institution holding geological information. A geological survey , the National Oceanic and Atmospheric Administration Noun 1. National Oceanic and Atmospheric Administration - an agency in the Department of Commerce that maps the oceans and conserves their living resources; predicts changes to the earth's environment; provides weather reports and forecasts floods and hurricanes and , the Army Corps of Engineers and the National Weather Service. This release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "should" and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies Contingencies (ISSN 1048-9851) is the bimonthly magazine of the American Academy of Actuaries, providing a large and diverse readership with general interest and technical articles on a wide range of issues related to the actuarial profession. which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings with the SEC, including the disclosure under the heading "Business" and "Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial " in the Company's Annual Report on Form 10-KSB/A filed on June June: see month. 15, 2005. We are under no obligation to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise. |
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