John Livingston Quotes
We've identified the Embedded strategy as one of our foremost growth drivers. To date we have signed up HP, Lenovo and Gateway as partners and we continue to work with other computer manufacturers to adopt our BIOS initiative.
- John Livingston
From a financial perspective, fiscal 2005 milestones include record sales contracts in the fourth quarter and fiscal year, positive cash from operations in all four quarters, strengthening of our balance sheet following a $5.5 million private placement, and a promising sales pipeline in each of our key target markets - education, corporate and consumer. As a result, we are well positioned to continue our sales growth and cash positive trends into fiscal 2006.
- John Livingston
As a measure of our success toward achieving our goal of becoming the industry standard, we've set objectives over the coming two years to grow to 1 million subscribers from 440,000 at the end of fiscal 2005... A key enabling strategy for these objectives is to establish BIOS relationships with the top tier computer OEMs. We believe that our embedded BIOS relationship with IBM was a key factor in driving Q4-2005 sales contract growth, and is an indication of the future potential of this strategy. We are continuing to advance this strategy, and subsequent to year end we announced Gateway as the second OEM to begin embedding Absolute's software into their BIOS.
- John Livingston
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