Internet Stock Profiles| Internet Stock Profiles |
| e-Dispatch is a well established company
that provides fleet dispatch solutions combining
automated dispatching, wireless data and the Internet. The company is based in Vancouver, B.C. but has customers on three continents - North America, Europe and Asia. It has forged strategic alliances with many major telecommunications companies including Ameritech, AT&T, GTE, Motorola, Mitsubishi and Singapore Telecom. The company changed its name to e-Dispatch.com from InStep Mobile Communications in November 1998. The stock was recommended by Canaccord Capital special situations analyst David Wong on September 9th and on Oct. 22nd, the company announced plans to raise $12 million with a private placement. Wong notes that the company's dispatch technology which is used with pagers, personal data assistants and cell phones "is normally offered as part of a bundled solution, sold through a wireless network operator such as BC Tel Mobility or Nextel, whereby the Company receives a stable and predictable monthly fee". Recently, reports Wong, the company signed an agreement with Southern LINC, the wireless communications division of Southern Company. This $35 billion company will bundle the e-Dispatch product with its Southern LINC's Informance Solutions, a suite of wireless data and Internet services. This marks e-Dispatch's first foray into the US market, and as Wong puts it, a "tremendous vote of confidence" in the company and its technology. The stock has already (as of Oct. 22) exceeded Wong's twelve month forecast of $2.30. Shares Outstanding: 13,874,248
New dispatch system marries Internet, wireless smart phones - Article about the company from the Sept. 8, 1998 Globe & Mail. Address: Phone: 604-320-2100 This page last updated: Oct. 24, 1999 |
Stock Symbol: EWD (CDNX) Profile News: Forums: |