ONGO: Keeping an Eye on the Top Line AND the Bottom Line
ONGO – Stock Guru Profile – On the Go
On the Go Technologies Group continues the success of their record year in 2006, both in terms of sales and debt reduction, into 2007.
On the Go is not afraid to stand back and evaluate where they have been and where they are going! This is an important hallmark of their evolving success.
On the Go has taken a strong look at the niches that generate the greatest revenue and put their efforts THERE! ONGO believes niche market sales and professional service revenue mix transactions, generating more substantial margins. Management is more selective in terms of clientele and the orders processed. This selectivity has strengthened their sector-wide market standing.
The Healthcare and Digital Media divisions – remain strong revenue generators with record sales and systems integrations. Both sectors offer tremendous sales growth potential into the years to come.
On the Go has teamed up with a veteran-owned small business and allowing the use of their established and recognized name, OTG Healthcare and in turn has become the exclusive supplier of their healthcare solutions.
In typical On the Go SUCCESS BREEDS SUCCESS fashion, their Healthcare division subsequently received an order for a turnkey DICOM archive solution that has been deployed within a Canadian Provincial healthcare region. The order is significant and unprecedented as it represents the first of its kind in Canada. It’s anticipated that the solution will become an industry standard.
Managing Expenses While Targeting Successful Niches
However, On the Go has not stopped there. They have worked conscientiously to reduce expenses while expanding revenue. Their Selling, General and Administrative (’SGA’) Expenses have shown a significant decrease. On the Go has poured significant oversight into cost management with cost cutting efforts, particularly in staff streamlining and with the conclusion of related severance package payouts.
About On The Go Technologies Group: On The Go Technologies Group is a North American corporation focused on acquiring versatile and profitable companies in the IT sector. OTG and its divisions: OTG Enterprise, catering to Fortune 1000 and SME clientele and vendors such as HP, Apple, IBM, SGI, Extreme Networks and Adobe; OTG Digital Media & OTG Creative, prominent systems integrators in the U.S. and Canadian digital entertainment industry; OTG Healthcare, compiling digital solutions and networks for the diagnostic medical community; OTG Research, providing solutions to the education, funding and research communities; and in-house multimedia studio Go Motion + Design, have established themselves as a respected and sought after industry competitors. The Company’s intention is to maintain sustained growth in the years to come via continued organic development in its existing divisions and an aggressive acquisition schedule.
For more information, visit http://www.otgtech.com%20or http://www.otgtech.com/video.
To view a company profile, visit http://www.otgtech.com/pp.pdf.
To be added to On The Go Technologies Group’s e-mail list for company news, visit http://www.otgtech.com/new_site/inv_pkg_form.htm.
Source: On the Go
Stuart Turk, CEO
On The Go Technologies Group
85 Corstate Avenue
Concord, Ontario L4K 4Y2
Canada
Phone: (905) 669-7979
Toll Free: (800) 295-5877
Fax: (905) 660-5738
Email: info@otgtech.com
This release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements contain words such as “expects,” “believes,” “anticipates” and “intends.” Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, economic conditions affecting the B2B environment; continued ability to obtain hardware, software and peripherals at competitive costs; the company’s ability to finance its planned expansion efforts; the company’s ability to manage its planned growth; and changes in regulations affecting the company’s business and such other risks disclosed from time to time in the company’s reports filed with the Securities and Exchange Commission. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management’s expectations, except as required by law.
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