Crystal Research Associates, LLC Issues Executive Informational Overview(R) (EIO(R)) on StratoComm Corporation
02 Setembro 2008 - 9:00AM
PR Newswire (US)
NEW YORK, Sept. 2 /PRNewswire/ -- Crystal Research Associates, LLC
announced today that it has issued an Executive Informational
Overview(R) (EIO(R)) on StratoComm Corporation (OTC Pink Sheets:
STCO). The full 52-page report can be found at
http://www.crystalra.com/ . StratoComm designs cost-sensitive
telecommunications infrastructure and services for the developing
world. The Company targets the nearly two billion people living in
developing countries within sub-Saharan Africa, Central and South
America, the Caribbean, and the Association of Southeast Asian
Nations (ASEAN). Through research and experience, management has
determined that to confront the need for dependable communications
services in these countries, the absence of related infrastructure
must be overcome. Moreover, services must reliably reach
underserved geographic regions and must be affordable for the local
populations. StratoComm concluded that wirelessly delivering
telecommunications from the stratosphere could be its most
effective method to meet these needs. StratoComm's business
operates on two parallel tracks: (1) commercial sales of tethered
telecommunications aerostats, called the Transitional
Telecommunications System (TTS); and (2) fast-tracked development,
testing, and commercialization of a stratospheric lighter-than-air
vehicle (LTAV), called the Stratospheric Telecommunications System
(STS), that is being designed to support a seamless upgrade from
the TTS. StratoComm's primary goal with the TTS is to begin
penetrating selected international markets to enable an efficient
upgrade to the Company's STS in the future while also generating
near-term revenue to support development of the stratospheric
technology. StratoComm's market penetration strategy entails
entering into joint ventures with in-country partners that purchase
the TTS from StratoComm. Through these agreements, StratoComm hopes
to establish its Transitional Systems in 15 countries during the
period of its stratospheric development. At present, the Company
has sold a total of four TTS units to joint ventures in Cameroon
(West Africa) and Madagascar (East Africa), signed Letters of
Intent in Kenya (East Africa) and the Dominican Republic
(Caribbean), and proposed a wireless information technology
infrastructure to Turkmenistan's (Central Asia) government. About
Crystal Research Associates, LLC Crystal Research Associates, LLC
is an independent research firm that provides
institutional-quality, fee-based research to small and mid-cap
companies. Crystal Research Associates' unique and novel product,
the Executive Informational Overview(R) (EIO(R)), is free of
investment ratings, target prices, and forward-looking financial
models. The EIO(R) presents a crystal clear, detailed report on a
company (public or private) in a manner that is easily understood
by the Wall Street financial community. The EIO(R) details a
company's product/technology/service offerings, market size(s), key
intellectual property, leadership, growth strategy, competition,
risks, financial statements, key events, and other such fundamental
information. Crystal Research Associates has offices in New York
City and Delray Beach. Crystal Research Associates has been
compensated by the Company in cash of forty thousand dollars and
three hundred thousand warrants for its services in creating this
report, for updates, and for printing costs. Forward-Looking Safe
Harbor Statement Statements in this news release regarding future
financial and operating results, potential applications of the
Company's technology, opportunities for the Company, and any other
statements about the future expectations, beliefs, goals, plans, or
prospects expressed constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Any statements that are not statements of historical fact
(including statements containing the words "will," "believes,"
"plans," "anticipates," "expects," "estimates," and similar
expressions) should also be considered to be forward-looking
statements. There are a number of important factors that could
cause actual results or events to differ materially from those
indicated by such forward-looking statements including, limited
operating history, need for future capital, and economic conditions
generally. Additional information on potential factors that could
affect results and other risks and uncertainties are detailed from
time to time in the Company's periodic reports. These statements,
and other forward-looking statements, are not guarantees of future
performance and involve risks and uncertainties. Crystal Research
Associates assumes no obligation to update any of the
forward-looking statements in this release. DATASOURCE: Crystal
Research Associates, LLC CONTACT: Jeffrey J. Kraws or Karen B.
Goldfarb of Crystal Research Associates, LLC, +1-609-306-2274, F:
+1-609-395-9339, or Web site: http://www.crystalra.com/
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