Data Call Rolls Out AP Video Wraps For Digital Signage
November 10, 2014 by Dave Haynes
Data Call Technologies is rolling out a new content subscription service called Video Wrap, which is news packed up by the Associated Press.
The Video Wrap product, says a release, effectively distributes fresh news and informational video content that is updated for our subscribers throughout the day. Our new Video Wrap product is optimized for use in public spaces such as waiting areas where audio delivery is functional at the presentation area. AP’s video news-gathering infrastructure uses mobile satellite uplinks and a network of video news bureaus around the world, using the latest generation of video editing, compression and transmission tools, for optimal presentation and viewing.
Data Call’s reliable and proven news and information delivery services assures that our clients’ networks also receive the latest and most relevant video content. Our clients’ subscriptions include AP News Minute, AP Showbiz Minute, AP Today in History and Video Shorts. More information on our new Video Wrap product may be found at www.datacalltech.com/content-types/video/
It looks good, though this is going to be better skewed to networks that support and use audio. (This sample a Flash file, so some devices may not support viewing it.)
The announcement comes on the heels of the latest quarterly financials for the company:
Our revenues for the nine months ended September 30, 2014 were $497,564, compared to $467,340 for the nine-month period ended September 30, 2013, representing an increase of $30,224.The increase in revenues was mainly due to the standard renewals and revenues from new business customers.
Costs of sales for the nine months ended September 30, 2014 were $94,841, compared to $84,232 for the same period of the prior year. This increase was due the costs related to the licensing and royalty expense required to provide the subscription services and the additional cost associated with the increase in revenue.
Gross margins for the nine months ended September 30, 2014 were 80.9%, compared to 82.0%, for the same nine-month period of the prior year.
Operating expenses for the nine months ended September 30, 2014 were $501,251, compared to $536,606 for the nine-month period ended September 30, 2013, representing a decrease of $35,355, which decrease was mainly due to the decreased expense associated with the issuance of shares and the grant of options.
The Company reported a record positive working capital calculation of $11,661 that directly relates to the company’s change in management in the first quarter of 2013.
“We are enjoying a very positive business environment for Data Call,” says CEO Tim Vance. “The efficiencies and other changes that we commenced in early 2013 have enabled us to grow with a firm and stable footing. I am proud of our people and our relationships that have furthered our success and I want to express my gratitude to those who continue to stand beside us through our growth, helping us obtain our mutual goals.”
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