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can forget abt this stock for this year
maybe re-visit nex year!
News Release
DMX Reports Strong Revenue Growth for 1Q07
? Group revenue grow by 12% for 1Q07
? New Technology Provisioning segment contributed 4% of 1Q07
revenue
Singapore, May 15, 2007 ? SGX Mainboard-listed DMX Technologies Group
Limited (?DMX? or the ?Group?), a leading information technology enabler that
provides a wide range of digital media software and solution, network
infrastructure solution and services to service providers and corporate
customers across Asia, today announced its financial results for the first
quarter ended 31 March 2007 (?1Q07?). The Group reported a 12% growth in
revenue from US$36.4 million for the first quarter ended 31 March 2006
(?1Q06?) to US$40.8 million. The encouraging revenue growth was mainly
attributed to businesses from China, accounting for some 73% of the revenue,
while one of the Group?s subsidiaries, Packet Systems Group, registered
some business recovery for this quarter as compared to 4Q06.
The increase in revenue was primarily contributed by the Infrastructure
Enabling (?IE?) segment, which requires more hardware components and
hence lower gross margins. Despite this, gross margins have remained stable
at above 25% as compared to last quarter.
The Group is always proactively in search of new business with better
margins. In line with this strategic focus, the Group has created a new
Technology Provisioning (?TP?) segment, which has already started
contributing about 4% of 1Q07 revenue. Digital Media Solutions, which the
Group is rapidly expanding into, contributed 12% of 1Q07 revenue.
The lower margins from the IE segment and the start-up costs associated with
the setting up of new business segment, however, caused a decline in the
QoQ net profit after tax by 6.4% to US$3.9 million.
Moving ahead, the Group will continue its emphasis on technology
provisioning, especially in the Digital TV and IPTV market. In this respect,
Chief Executive Officer of DMX, Ms Jismyl Teo said, ?The Group is making
good progress in these segments, and I hope to see 50% of revenue coming
from these segments by 2009.?
DMX Reports Strong Revenue Growth for 1Q07
? Group revenue grow by 12% for 1Q07
? New Technology Provisioning segment contributed 4% of 1Q07
revenue
Singapore, May 15, 2007 ? SGX Mainboard-listed DMX Technologies Group
Limited (?DMX? or the ?Group?), a leading information technology enabler that
provides a wide range of digital media software and solution, network
infrastructure solution and services to service providers and corporate
customers across Asia, today announced its financial results for the first
quarter ended 31 March 2007 (?1Q07?). The Group reported a 12% growth in
revenue from US$36.4 million for the first quarter ended 31 March 2006
(?1Q06?) to US$40.8 million. The encouraging revenue growth was mainly
attributed to businesses from China, accounting for some 73% of the revenue,
while one of the Group?s subsidiaries, Packet Systems Group, registered
some business recovery for this quarter as compared to 4Q06.
The increase in revenue was primarily contributed by the Infrastructure
Enabling (?IE?) segment, which requires more hardware components and
hence lower gross margins. Despite this, gross margins have remained stable
at above 25% as compared to last quarter.
The Group is always proactively in search of new business with better
margins. In line with this strategic focus, the Group has created a new
Technology Provisioning (?TP?) segment, which has already started
contributing about 4% of 1Q07 revenue. Digital Media Solutions, which the
Group is rapidly expanding into, contributed 12% of 1Q07 revenue.
The lower margins from the IE segment and the start-up costs associated with
the setting up of new business segment, however, caused a decline in the
QoQ net profit after tax by 6.4% to US$3.9 million.
Moving ahead, the Group will continue its emphasis on technology
provisioning, especially in the Digital TV and IPTV market. In this respect,
Chief Executive Officer of DMX, Ms Jismyl Teo said, ?The Group is making
good progress in these segments, and I hope to see 50% of revenue coming
from these segments by 2009.?
Today cheong for only first 30 minutes.......
Anyone can comment on this stock's potiential.....
News Release
Immediate Release
DMX Launches IPTV Service Trial for One of the
Largest Operators in North Asia
Singapore, April 12, 2007 -- Main Board-listed DMX Technologies Group
Limited ('DMX' or the 'Group'), a leading IT solution provider that provides a
wide range of broadband network infrastructure, digital video, and advanced
mobile solutions to service providers and corporate customers across Asia,
today announced its successful launch of a IPTV service trial system for one
of the largest operators (?the Operator?) in North Asia (outside China). This
trial will enable the Operator to test-run the provision of TV-on-Demand
(TVoD) services based on H.264 codec in both standard definition and high
definition. This launch reinforces the Group?s participation in the digital media
market through developing software technology that enables operators to offer
compelling pay-TV services using today's broadband technology.
The trial IPTV system will showcase one of the Group?s latest developments,
Vision TV, a middleware which acts as the key building block of the IPTV
system. Branded as the flagship product of DMX?s subsidiary, BEE MediaSoft
Limited (?BEE?), Vision TV is a comprehensive integrated middleware which
enables the Operator to offer advanced TVoD services such as network
personal video recording, time-shift TV and video-on-demand service, as well
as interactive interface with subscribers for service delivery.
BEE is a subsidiary of DMX set up in February this year as part of the Group?s
new Technology Provisioning business segment. Headquartered in Hong
Kong, BEE is a solution provider for digital and interactive TV services. BEE?s
forte lies in the comprehensive technology suite comprising the required
components for the provision of enhanced TV and interactive value-added
services, from full-featured middleware to asset management and operation
support at back office. The solution of BEE allows enhanced TV services to be
delivered over broadband, cable, mobile and any other media.
Commenting on the trial, DMX?s Chief Executive Officer, Ms. Jismyl Teo said,
?This project signifies a major milestone in taking our company to the next
level in serving TV service providers and viewers with enhanced TV and
interactive value added services. We are honored to have the opportunity to
work with such a reputable operator in our first foray outside our current
operating countries. We foresee digital media market to be one of our future
growth drivers and our services have already been widely deployed by a
number of heavy weight telcos and operators in the region, such as China and
Southeast Asia. The cross-platform capability of our products which can be
applied through broadband, cable, mobile and other media networks will
DMX TECHNOLOGIES GROUP LIMITED
2
provide us with a unique differentiation and competitive advantage in the
digital media industry.?
?This project paves the way for the Group to penetrate into new digital media
markets and also demonstrates our ability in securing new projects with
established service providers in the international market. IPTV subscribers
worldwide are expected to reach 39 million in 2011 with a potential market
worth US$800 million. I?m confident that we will be able to expand our market
share and our products will be offered in more countries in the near future,?
added Ms. Teo.
The trial IPTV system comes on the back of a recently announced partnership
agreement in March to promote and deliver interactive TV solutions in Japan,
Korea and United States with DASAN Networks (?DASAN?), the largest
networks equipment manufacturer in Korea and a leading provider of
broadband access equipment. Under the agreement, BEE and DASAN will
join force to market IPTV solutions which consist of BEE?s Vision TV, Vision
AMS and MOSS as well as DASAN?s IP-set-top-box.
Immediate Release
DMX Launches IPTV Service Trial for One of the
Largest Operators in North Asia
Singapore, April 12, 2007 -- Main Board-listed DMX Technologies Group
Limited ('DMX' or the 'Group'), a leading IT solution provider that provides a
wide range of broadband network infrastructure, digital video, and advanced
mobile solutions to service providers and corporate customers across Asia,
today announced its successful launch of a IPTV service trial system for one
of the largest operators (?the Operator?) in North Asia (outside China). This
trial will enable the Operator to test-run the provision of TV-on-Demand
(TVoD) services based on H.264 codec in both standard definition and high
definition. This launch reinforces the Group?s participation in the digital media
market through developing software technology that enables operators to offer
compelling pay-TV services using today's broadband technology.
The trial IPTV system will showcase one of the Group?s latest developments,
Vision TV, a middleware which acts as the key building block of the IPTV
system. Branded as the flagship product of DMX?s subsidiary, BEE MediaSoft
Limited (?BEE?), Vision TV is a comprehensive integrated middleware which
enables the Operator to offer advanced TVoD services such as network
personal video recording, time-shift TV and video-on-demand service, as well
as interactive interface with subscribers for service delivery.
BEE is a subsidiary of DMX set up in February this year as part of the Group?s
new Technology Provisioning business segment. Headquartered in Hong
Kong, BEE is a solution provider for digital and interactive TV services. BEE?s
forte lies in the comprehensive technology suite comprising the required
components for the provision of enhanced TV and interactive value-added
services, from full-featured middleware to asset management and operation
support at back office. The solution of BEE allows enhanced TV services to be
delivered over broadband, cable, mobile and any other media.
Commenting on the trial, DMX?s Chief Executive Officer, Ms. Jismyl Teo said,
?This project signifies a major milestone in taking our company to the next
level in serving TV service providers and viewers with enhanced TV and
interactive value added services. We are honored to have the opportunity to
work with such a reputable operator in our first foray outside our current
operating countries. We foresee digital media market to be one of our future
growth drivers and our services have already been widely deployed by a
number of heavy weight telcos and operators in the region, such as China and
Southeast Asia. The cross-platform capability of our products which can be
applied through broadband, cable, mobile and other media networks will
DMX TECHNOLOGIES GROUP LIMITED
2
provide us with a unique differentiation and competitive advantage in the
digital media industry.?
?This project paves the way for the Group to penetrate into new digital media
markets and also demonstrates our ability in securing new projects with
established service providers in the international market. IPTV subscribers
worldwide are expected to reach 39 million in 2011 with a potential market
worth US$800 million. I?m confident that we will be able to expand our market
share and our products will be offered in more countries in the near future,?
added Ms. Teo.
The trial IPTV system comes on the back of a recently announced partnership
agreement in March to promote and deliver interactive TV solutions in Japan,
Korea and United States with DASAN Networks (?DASAN?), the largest
networks equipment manufacturer in Korea and a leading provider of
broadband access equipment. Under the agreement, BEE and DASAN will
join force to market IPTV solutions which consist of BEE?s Vision TV, Vision
AMS and MOSS as well as DASAN?s IP-set-top-box.