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Florida-Based Software Micro-Cap Strikes Big Contract with Fortune 500 Company
By: AllPennyStocks.com News
August 9, 2010
The history of small-cap markets is full of tales of start-up companies that prospered by throwing in their lot with larger corporations. There is the country song that tells the story of a small computer salesman who “sold his one-man shop to Microsoft (NYSE:MSFT)/And they paid like crazy.” Such stories are inspirational to their small-cap brethren.
A Florida-based firm named Information Systems Associates, Inc. (OTCBB:IOSA) enjoyed one of those storybook episodes by announcing in early August that it had attracted the interest of an unspecified Fortune 500 communication company, to perform data center management services for the said conglomerate. IOSA said this is a project that will launch in the next 30 days, and will be wrapped up in the third quarter. Other clients as of late for IOSA include a Fortune 100 wireless carrier, a Fortune 100 retailer and a Fortune 1000 bank.
Based in Palm City, IOSA is a leading provider of turnkey data center management solutions. Among its collection: data center inventory management, data center management software and data center optimization. Its core service utilizes its proprietary technology "OSPI software" (On Site Physical Inventory(R)) which provides a tool set allowing customers to create a highly accurate data set of their current IT inventory and assets.
This accurate information is then imported into software that enables businesses to make meaningful decisions on Data Center Management that leads to optimization of resources, cost reductions and significant Return on Investment.
Partial though company literature may be, IOSA boasts it has an advantage over its rivals by its connection with “numerous Fortune 500 companies” who trust IOSA because they “know the job will be done quickly and correctly.”
IOSA also claims to be the only data center management solutions company with a proprietary handheld device for data collection and validation, a device that ensures the data is collected quickly and accurately, reducing the time to deploy the data center management solutions.
Current "by hand" data collection practices are both slow and prone to large margins of error. IOSA claims its unique OSPI proprietary software application was developed to eliminate these problems.
Word certainly got around about the connection to the latest bigwig client; on August 9, the day of the announcement, traders dealt in more than half a million IOSA shares, driving the per-share price up to more than 25 cents, still ten cents shy of its 52-week high point of 35 (achieved last October), but head and shoulders better than its low point of eight cents just before Christmas. With more friends in high places as the year wears on, this aggressive little company could be taking on more investors, who down the line could be enjoying nice profits.
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