Emergeo, V.EMG, came out with some more contract news. Not the biggies I am hoping for but these are very important contracts when you put it in the world perspective of national disasters you are seeing on your nightly news the last few weeks with the flooding in Manitoba and North Dakota.
When you start coming out with $400,000 contracts consistently, they add up nicely like building blocks leading to bigger deals down the road as the software system becomes more well known.
Bottom line is EMG saves lives and property.
Emergeo Solutions signs $400,000 deal in Manitoba
Emergeo Solutions Worldwide Inc (C:EMG) Shares Issued 16,710,647Last Close 4/14/2009 $0.60Thursday April 16 2009 - News Release
Mr. Michael Morrow reports
EMERGEO SUPPORTING RED RIVER FLOOD RESPONSE
Emergeo Solutions Worldwide Inc. has secured a $400,000 contract with the Province of Manitoba Emergency Measures Organization to implement EmerGeo's crisis management software solution.
EmerGeo was contacted just a few weeks before the Red River flooding began in Manitoba and within one week had deployed a technical response team onsite to implement the software and provide training and support services. The system is currently being used to help manage this disaster in the Province s Emergency Coordination Centre (ECC) in Winnipeg.
Disaster can strike with little or no notice and our technology and team can be deployed very quickly when needed. We stand with the Manitoba Emergency Measures Organization to provide tools and support that will enhance the Province s preparedness, response and recovery efforts now and in the future , states Mike Morrow, President and CEO of EmerGeo Solutions. More information on the Manitoba flood event and organization is available at http://www.manitoba.ca.
EmerGeo software is also installed in the North Dakota Department of Emergency Service s Emergency Operation Center to support their flood fighting efforts. In situations like the natural disaster affecting both North Dakota and Manitoba, EmerGeo s software and services are being used to save lives and protect property and the environment.
The Company also reports that it has granted 85,000 options to officers, employees or consultants at a price of $.50 cents per share, exercisable for a period of ten years from date of grant, in accordance with the terms of the company s stock option plan.
Thursday, April 16, 2009
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