During the corresponding time, Opt Sciences Corp recorded a revenue increase by 15.31 % year on year, sequentially revenue grew by 10.73 %. While revenue at the Opt Sciences Corp's corporate clients
Opt Sciences's Comment on Sales, Marketing and Customers
Our principal sales executive is our President, who maintains regular contact
with the largest customers and continually seeks to develop new customers. We
do not currently employ the services of manufacturer's representatives or sales
personnel. O and S Research, Inc. and our products are listed in the Thomas Register.
We also maintain sales websites at osresearch.com and optsciences.com. We engage
in a low cost public relations and advertising program. Purchasing personnel of
corporations or governmental agencies place orders with us, based on price, delivery
terms, satisfaction of technical specifications and quality of product. Procurement
departments of customers ordinarily purchase products from us because we are on
an approved vendor list. We enhance sales prospects by providing creative technical
solutions to customer requirements. We are currently an approved vendor for major
aircraft programs. We continue to be a major supplier for the antiglare face plates
covering the flat panel displays on the Boeing 777 and the 737 Next Generation
models of commercial aircraft and the long range Gulfstream and Dassault Falcon
business jets. We are also an approved vendor for instrument glass used on several
military aircraft platforms including the C5 Galaxy and the C130. We derived approximately
65% of our revenues from two major customers and two subcontractors of one of
those customers. The loss or permanent curtailment of business with either of
these companies would have a negative impact on our operating results.
Opt Sciences’s Comment on Sales, Marketing and Customers
Our principal sales executive is our President, who maintains regular contact
with the largest customers and continually seeks to develop new customers. We
do not currently employ the services of manufacturer's representatives or sales
personnel. O and S Research, Inc. and our products are listed in the Thomas Register.
We also maintain sales websites at osresearch.com and optsciences.com. We engage
in a low cost public relations and advertising program. Purchasing personnel of
corporations or governmental agencies place orders with us, based on price, delivery
terms, satisfaction of technical specifications and quality of product. Procurement
departments of customers ordinarily purchase products from us because we are on
an approved vendor list. We enhance sales prospects by providing creative technical
solutions to customer requirements. We are currently an approved vendor for major
aircraft programs. We continue to be a major supplier for the antiglare face plates
covering the flat panel displays on the Boeing 777 and the 737 Next Generation
models of commercial aircraft and the long range Gulfstream and Dassault Falcon
business jets. We are also an approved vendor for instrument glass used on several
military aircraft platforms including the C5 Galaxy and the C130. We derived approximately
65% of our revenues from two major customers and two subcontractors of one of
those customers. The loss or permanent curtailment of business with either of
these companies would have a negative impact on our operating results.
Sources:
Opt Sciences Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Opt Sciences Corp’s corporate clients.
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