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BlackBerry Limited Message Board

  • wyn.moore wyn.moore Jan 2, 2013 8:25 AM Flag

    RIMM + VNDB

     

    “ Vendum has set a global sales
    target of $315 million by 2016”

    Vendum Batteries Inc. has the capacity to deliver lighter, smaller, cheaper,
    safer and greener battery technology.
    Manufacturers of all types of commercial products - from microchips to
    cell phones, lawnmowers to automobiles, medical implants to cordless
    power tools - would certainly benefit from the development opportunity
    Vendum has to offer.
    The company expects to start shipping the Vendum battery from the 3rd
    quarter of 2012 and has set a global sales target of US$315 million by the
    year 2016, by which time it will aim to have a market share of 0.5%. This
    market share is a very conservative estimate as there is a strong trend
    worldwide towards green and eco-friendly technology.
    As this technology continues to develop, Vendum will use its presence in
    the UK & US to form strategic partnerships with everyone from medical
    professionals and hospitals (for use of our batteries in transplants) and
    implant technologies to the automotive and transportation industry (for
    use in powering vehicles). Vendum Batteries Inc. also recognizes the
    opportunity for fuel cell products with military applications. Vendum
    Batteries Inc. is establishing relationships with a number of major portable
    electronics Original Equipment Manufacturers (”OEMs”) with the intent
    to further develop this technology and license it out to battery manufactures around the world.
    Together with these OEMs, the company has identified low power and
    low voltage appliances, toys, gadgets and gift cards as the first products
    to be equipped with Vendum Batteries’ new nanotube and paper power
    source. Low power devices are in desperate need of novel internal power
    sources that current battery technologies cannot meet. The Vendum
    battery overcomes issues of size and shape, efficiency and longevity,
    enabling far greater innovation - the Vendum Battery will continue to be
    developed with the aim that it is capable of running portable communications devices and much Vendum Batteries Inc. is establishing relationships
    with a number of major portable electronics original equipment manufacturers (OEMs) more, in the very near future.
    These OEMs are market leaders, have competitive product offerings for
    commercial, government and industrial customers and an extensive
    distribution network with long-term customer relationships.

    Sentiment: Hold

    This topic is deleted.
 
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