In the company’s recent news,
DRI Corporation (TBUS) announced that the company’s chief executive officer, David L. Turney, presented earlier this week at The Wall Street Analyst Forum in New York City. During his presentation, Mr. Turney stated, “For a company our size, we have an incredibly large footprint and our products are used in more than 55 countries.”
Mr. Turney further commented that, “Over 60 percent of our revenues are derived from the transit vehicle builder and the other 40 percent comes from end users, such as the New York Transit Authority.”
DRI’s market share is currently 45 percent domestically and 55 percent internationally, which provides significant insulation from current economic conditions in the United States. In addition, the majority of the company’s customer base is derived from blue chip companies that provide further stability for continued revenue growth.
The company’s core products include: TwinVision® and Mobitec® electronic destination sign systems; Talking Bus® voice announcement systems; Digital Recorders® Internet-based passenger information and automatic vehicle location/monitoring systems; and VacTell™ video actionable intelligence systems. Utilizing proprietary hardware and software applications, these products help increase the mobility, flow, safety, and security of people who rely upon transportation infrastructure worldwide. DRI’s products also aid transit vehicle operators in increasing overall ridership while reducing fuel consumption.
About QualityStocks
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 500,000+ subscribers that receive The Daily Stock Newsletters.
To sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
