ELANDIA INTERNATIONAL INC. Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Special Note About Forward Looking Statements This report contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"), which are based on management's exercise of business judgment, as well as assumptions made by and information currently available to management. When used in this document, the words "may", "will", "anticipate", "believe", "estimate", "expect", "intend" and words of similar import, are intended to identify any forward-looking statements. You should not place undue reliance on these forward-looking statements. These statements reflect our current view of future events and are subject to certain risks and uncertainties as described in eLandia International Inc.'s ("eLandia"), Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC"). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results could differ materially from those anticipated in these forward-looking statements. We undertake no obligation, and do not intend, to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Overview eLandia is a provider of information and communications technology ("ICT") products and services to small, medium-sized and large businesses as well as government entities, ...
Click here to read the whole Article (external link)

ELANDIA INTERNATIONAL INC. Files SEC form 8-K, Other Events

Item 8.01 Other Events On September 29, 2009, a major earthquake in the South Pacific created a tsunami that sent a surge of water of up to 15 feet into parts of American Samoa. This resulted in power outages and major damage to parts of the island, including portions of our service territory. Our cellular network has been experiencing service delivery issues in the highly affected areas and our cable TV network has been completely destroyed in some areas. Our undersea cable is operational, although it has sustained some minor damage. Initial estimates indicate the damage suffered to our network and equipment to be approximately $500,000 based on reported book value for such equipment in our financial statements as of June 30, 2009. We continue to assess the extent of the damage and its effect on our operations. We are developing a recovery plan, but are currently unable to estimate the time or costs of restoration. Such restoration costs may be mitigated through insurance; however, at this time, we are unsure if we will be able to secure any amounts of insurance reimbursement. Based on information known at this time, we do not believe these events will have a material adverse impact on our results of operations or financial condition as a whole; however, it is uncertain whether these events will have any long-term impact on our operations in American Samoa. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 Statements made in this Form 8-K that relate to future events or expectations, projections, estimates, intentions, goals, targets and strategies of eLandia, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that all forward-looking statements are based upon current expectations and estimates and we do not assume any obligation to update this information. Such forward-looking statements reflect management's current expectations, beliefs, estimates, and project...
Click here to read the whole Article (external link)

ELANDIA INTERNATIONAL INC. Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
Click here to read the whole Article (external link)

UTStarcom Announces Reseller Agreement with DESCA

ALAMEDA, Calif., Sept. 9 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News) today announced a Reseller Agreement with DESCA, a Miami-based infrastructure and telecommunications networking company and wholly-owned subsidiary of eLandia (OTC Bulletin Board: ELAN - News). The Agreement will help accelerate UTStarcom's expansion into 14 markets in Central and South America with the support from DESCA's team of more than 700 sales, service delivery professionals and customer service agents. (Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO)"UTStarcom continues to pursue new opportunities to expand the reach of our IPTV and broadband portfolios," said Luis Dominguez, UTStarcom's SVP of International Sales & Marketing. "This cooperative sales arrangement with DESCA aligns very well with our stated strategy of pursuing new sales partnerships to market our IP based solutions into key geographic markets."This new relationship between UTStarcom...
Click here to read the whole Article (external link)

ELANDIA INTERNATIONAL INC. Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Special Note About Forward Looking Statements This report contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"), which are based on management's exercise of business judgment, as well as assumptions made by and information currently available to management. When used in this document, the words "may", "will", "anticipate", "believe", "estimate", "expect", "intend" and words of similar import, are intended to identify any forward-looking statements. You should not place undue reliance on these forward-looking statements. These statements reflect our current view of future events and are subject to certain risks and uncertainties as described in eLandia International Inc.'s ("eLandia"), Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC"). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results could differ materially from those anticipated in these forward-looking statements. We undertake no obligation, and do not intend, to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Overview eLandia is a provider of information technology (IT) products and services to small, medium-sized and large businesses as well as government entities, primarily in Latin America. Thro...
Click here to read the whole Article (external link)