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Red Chip Featured Company: Datameg Corporation (DTMG.OB)

Source: http://Blog.QualityStocks.net/?p=12736
Posted on Friday, October 3rd, 2008 | In Small & Micro Cap
Contributed by: QualityStocks (http://QualityStocks.net) -

Datameg Corporation (DTMG.OB) is a holding company committed to positioning itself to deliver the next-generation network services and environmentally-conscious plastics to help the environment. At this time, the company is working to roll-out customers’ Internet voice, data and video services while continuing to evaluate technological advances for development or advancement. Datameg has such a diverse group of subsidiaries making up its framework and expects its subsidiaries, NetSymphony, QoVox, and American Marketing & Sales, to contribute to its profitability and cashflows.

QoVox is on a mission to become a leading provider of network monitoring and fault isolation tools for telecom networks. QoVox is working to partner with leading communications companies to deliver verifying connectivity, voice-quality measuring tools that isolate and troubleshoot issues. The subsidiary’s solutions will enable service providers to maintain optimal service levels and increase customer satisfaction.

The team at NetSymphony has developed a unique active testing and monitoring solution for Voice Over Internet Protocol (VoIP) systems named Maestro. The solution provides valuable elements at the three steps of deployment. During system assessment, Maestro will analyze network quality and availability, hand-offs between networks, and the company’s readiness. During assurance & monitoring step, Maestro provides analysis of end-to-end application performance, 24/7 performance monitoring, SLA verification, and end-user QoE measurements. During the final step of fault isolation and troubleshooting, Maestro will isolate problems, detect deteriorating trends, provide proactive alerts, perform on-demand test, and compare historical versus new real-time results.

American Marketing & Sales, dba Innovative Designs, is a Datameg subsidiary that markets finished food package products nationally to major food retailers and supermarkets. The subsidiary has an extensive line of environmentally-friendly food packaging products manufactured from FDA-approved polypropylene and polystyrene resins that contain up to 40% recycled plastic content. Over the summer, the Green Line Caterware Product line has received orders from Whole Foods, the U.S. House of Representatives purchasing office, and several schools and universities.

Jim Murphy, CEO of Datameg, stated, “Innovative Designs offers one of the only recycled or ‘green’ food-packaging products on the market, and its success is largely due to a new generation of eco-conscious consumers and retailers who want socially responsible products. We expect to continue to see sales growth for this new line as we open up new channels of distribution and expand our customer base.”

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