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As of Oct. 31, the end of the company’s fiscal year, revenue was up 36 percent from a year earlier. CEO Rick Darter credited his employees’ hard work and “the broad diversity we have in our customer base.” Among the fourth quarter projects that made the growth possible: • A $1.9 million order with the United States Navy’s Seabees combat engineering unit. The Seabees bought ruggedized Intel-based laptops that will be used for construction and reconstruction projects overseas. • A $1.1 million order with Greenwich Capital Markets in Greenwich, Conn. This company is building a new trading floor at its headquarters; its technological backbone will consist of Sun Microsystems machines built by Rave. • A $600,000 U.S. Navy order for 55 servers to be used on minesweeping watercraft. Darter said the servers were tested to “milspec 901D barge testing, the most intensive testing that they do – they put the machine on a barge and blow up explosives around it, and continue doing that … just to see how much intrusion it can take.” • A $500,000 order from Lockheed Martin in Littleton, Colo., for Intel-based dual core ruggedized servers that will be used on U.S. Air Force C130 reconnaissance aircraft. • A $400,000 order from Boston’s Axcelis Corp., for an embedded computer that’s placed into the company’s ion implanters, which are machines that create channels to connect the layers within computer chips. Darter said the challenge of this project was to build an embedded computer that will be available for five to seven years inside what is a very expensive piece of machinery for chip fabrication companies. As for the future, Darter said he sees even better days ahead: ”In 2008, I expect growth to exceed 36 percent.” The key, Darter said, will be boosting the company’s business in Michigan. “The products we make, whether ruggedized Intel-based laptops or others, can be used by industry here in Michigan,” he said. “Building things for long life cycles, embedded, ruggedized – the industries we have in Michigan have those requirements. Our challenge is to do more of that kind of business in Michigan, and we are beginning to see some success.” To see what kind of computers Rave can build for you – whether embedded into the machinery you build, or rack-mountable servers to house your software, making it easier for you to sell it to your customers – visit www.rave.com. Note: For information on how you can sponsor content in the Blue Box, contact Dan Keelan at (248) 455-7380 or dkeelan@cbs.com. |
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All contents copyright 2007 CBS Radio Inc. and its relevant subsidiaries. CBS Radio & Eye logo trademarked and copyright 2007 CBS Broadcasting Inc. Used under license. All Rights Reserved. Written and edited by Matt Roush, Technology Editor, WWJ Newsradio 950, Detroit. GLITR contains material from the Associated Press, Reuters and MarketWatch.com, used by permission. For coverage comments or news tips, e-mail Matt Roush at mnroush@cbs.com or call (248) 455-7380. For marketing and advertising queries, contact Dan Keelan at dkeelan@cbs.com or (248) 455-7252. To subscribe, e-mail Lisa Thorn, at lthorn@cbs.com. LEGAL NOTICE: This email may be considered an advertising or promotional message. If you no longer wish to receive commercial email from this station, please reply to this email by sending a reply email by clicking on the "reply" button at the top of this page or by sending an e-mail to Lisa Thorn, circulation coordinator, at lthorn@cbs.com. Insert this message into the e-mail: "Please remove me from your commercial email list." Or you can change your subscriber profile: Click here to unsubscribe or change your subscriber profile You must use this method to notify GLITR and WWJ of your opt-out request, as we cannot guarantee that other methods of notification will be effective. Please be aware that we may continue to contact you via email for administrative or informational purposes, including follow-up messages regarding contests you have entered or other transactions you have undertaken. By law, such messages are not considered to be commercial e-mail. Note: The Great Lakes IT Report is sent in HTML format only. Please make sure you have given us permission to send you an HTML message. If you have any questions, drop an e-mail to Lisa Thorn or Matt Roush. |