OJsys, Inc., Announces Relocation of Its Executive Offices
Resource from: CBCC Likes:2969
Jun 22,2007
OJsys, Inc., Announces Relocation of Its Executive Offices
OJsys, Inc. a developer and manufacturer of home media technologies, announces the relocation of its U.S. executive offices from San Jose, CA to San Francisco, CA. OJSY's wholly owned subsidiary, NTN, Inc., was established in 2000 and is located in Seoul, Korea. NTN develops and manufactures home media products that include receivers/set top boxes, satellite receivers, terrestrial receivers, receiver plus DVD RW combos, as well as media center PC devices including satellite receivers, home security devices, home automation devices, and digital recording (PVR) functions. These products are designed to enhance entertainment within the users' homes. Sales revenues for 2006 were $6.8 million (a 26% increase from 2005) and net profit was $700,000. OJSY projects sales revenue for 2007 will be $12 million with a net profit of $2 million.
OJSY's subsidiary NTN's customers to date have been European companies such as Amstrad and Dixon, and Middle-Eastern companies such as EuroStar. In order to meet the growing demand for home media technology, NTN is currently expanding its customer base to include U.S. businesses. Parks Associates, the internationally recognized digital home technology research firm, estimated that 82 million homes worldwide had installed home networks, both wired and wireless as of 2005, and that the total would balloon to approximately 145 million by 2010.
OJSY's CEO Henri Joubaud, said, "We ourselves are growing with the digital home technology boom. We are encouraged by the fact that the products we offer are what consumers are using worldwide and that we will find more and more people that use the NTN devices and products."
()
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
