OPSY Optical Systems Inc. featured news, full reports, and detailed charts
Optical Systems Inc. (OPSY/OPSY.PK) Wrap Up:
Optical Systems, Inc. was engaged in the integration of high performance client/server, imaging software, as well as software for managing business-to-business commerce transactions, as of March 31, 1999. It also marketed services to complete and document Year 2000 compliance. Besides, the company owned and marketed SafeCD™, a product that migrated data from magnetic tapes and cartridges to optical media.www.opticalsystemsinc.com
Optical Systems, Inc. (OPSY:OTC)
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Market Cap
5.4M
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Total Revenue
190.8K
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EBITDA
264.1K
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DILUTED EPS TTM
0.00
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P/E
--
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P/S
15.3x
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Return On Asset
--
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Return On Equity
--
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| K = Thousands M = Millions B = Billions | ||
OPSY Top Compensated Officers
No compensation data is available at this time for the top officers at this company.
Executives, Board Directors
Key developments for Optical Systems, Inc. (OPSY)
DealerDX, LLC Selects Optical Systems Inc.'s Software Product
08/13/2009
Optical Systems Inc. announced that its flagship software product, Save-a-Deal has been selected by DealerDX, LLC.
Optical Systems Inc. Launches Save-a-Car GPS
07/29/2009
Optical Systems Inc. announced the launch of Save-a-Car GPS, a cost-effective, global positioning system for auto dealerships to monitor and track inventory. In addition to offering superior tracking capabilities, Save-a-Car also allows drivers to save up to 35% on their insurance premium when installed. Growing usage in automotive and consumer applications is propelling the mobile location technologies market, which is forecasted to grow at a CAGR of more than 20% to cross $75 Billion by 2013.
OPSY Competitors
| Company | Last | Change | |
| No competitor information is available for OPSY. | |||
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Industry Analysis
| Valuation | OPSY | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 15.3x |
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| Price/Book | 7.3x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 27.8x |
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OPSY |
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OPSY transactions
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| No transactions in the last 6 months. | ||
More Recent News About Optical Systems Inc.
More news for OPSY
Optical Systems, Inc. Launches New Version of Its Flagship CRM Product, Save-a-Deal
HOUSTON, Nov. 16 /PRNewswire-FirstCall/ -- Automotive Software Designers, Inc., a leading provider of software and services for the automotive retail industry and a wholly owned subsidiary of Optical Systems, Inc. (Pink Sheets: OPSY - News), today announced the launch of Save-a-Deal 2010, the latest version of its flagship, customer relationship management (CRM) software for automotive dealerships across the United States. "The sooner-than-expected launch of Save-a-Deal 2010 is a huge milestone for the company," said B.J. Grisaffi, Chairman and Chief Executive Officer of Optical Systems, Inc. "We believe Save-a-Deal 2010 is the most robust CRM software solution for auto dealerships on the market today. We have already received inquiries from several, large automotive groups and expect to have a marketing agreement signed in the next few weeks to rapidly expand our presence into key markets within the U.S."Save-a-Deal is a comprehensive, fully-integrated front office software solution specifically designed to increase auto dealerships' profitability. When properly used, this scalable CRM system is guaranteed to increase unit sales and profit-per-vehicle, while lowering costs through enhanced efficiency.Save-a-Deal 2010 is a more streamlined, cost-effective CRM solution than its predecessor with adde...Click here to read the whole Article (external link)
Optical Systems, Inc. Issues Shareholder Update to Outline Key Milestones and Growth Initiatives
HOUSTON, Oct. 21 /PRNewswire-FirstCall/ -- Optical Systems, Inc., (Pink Sheets: OPSY - News) a leading provider of software and services for the automotive retail industry today released the following letter to shareholders from B.J. Grisaffi, Chairman and Chief Executive Officer: Dear Shareholders,I am proud to be able to report that our company is strong and stable despite a challenging economic environment. We were able to recognize early warning signs, adapt our strategy, and gain new customers during one of the worst times in the history of the U.S. automobile industry.The number of dealerships that are using our software and services has nearly doubled since the beginning 2009, and we are seeing more interest from potential customers than ever before.There are more than 20,000 automotive dealerships and 7,000 recreational vehicle dealerships in the United States. Our company has a tremendous opportunity to help these dealerships not only stay afloat, but prosper in today's economy.Our focus has always been on developing solutions that help automotive dealerships save deals, cut costs, and generate showroom and service traffic. We have armed our well-trained customer service and sales staff with the information we gained from our research and experience, so they can approach a cus...Click here to read the whole Article (external link)
Optical Systems, Inc. Launches All-New Finance Manager Program in 17 Dealerships
HOUSTON, Aug. 24 /PRNewswire-FirstCall/ -- Automotive Software Designers, Inc. (ASDI), a leading provider of software and services for the automotive retail industry, and a wholly owned subsidiary of Optical Systems, Inc. (Pink Sheets: OPSY - News), today announced the addition of 17 dealerships to its all new Finance Manager program. "We believe our Finance Manager program will have a fit in 95 percent of the 26,000 automotive dealerships and 7,000 recreational vehicle dealerships in the United States," said B.J. Grisaffi, Chairman and Chief Executive Officer of Optical Systems, Inc. "Over the past several weeks we have launched several new BDC initiatives including our Sales Manager and Service Manager programs, and have achieved key milestones in our growth including beginning the process to become a fully reporting company. The new Finance Manager program is another step in the right direction for Optical Systems and our shareholders."The BDC Finance Manager program utilizes the Company's cutting-edg...Click here to read the whole Article (external link)
Optical Systems, Inc. Targeting 6,000 Dealerships Across 42 States With Next Generation of Save-a-Deal
DALLAS, Aug. 21 /PRNewswire-FirstCall/ -- Automotive Software Designers, Inc., a leading provider of software and services for the automotive retail industry, and a wholly owned subsidiary of Optical Systems, Inc. (Pink Sheets: OPSY - News) today announced that the company has targeted 6,000 dealerships across 42 states as customers for the next generation of its flagship software product, Save-a-Deal. "Approximately 90 percent of the 26,000 automotive dealerships and 7,000 recreational vehicle dealerships in the United States today are still using legacy systems. Save-a-Deal is a breakthrough product with the potential to revolutionize the way the automotive retail industry does business."The recent enhancements to Save-a-Deal offer significant cost savings and improvements in customer service, security, scalability, performance, and accessibility."Save-a-Deal is a comprehensive, fully-integrated front office software solution specifically designed to increase auto dealerships' profitability. When properly used, this scalable CRM system is guaranteed to increase unit sales...Click here to read the whole Article (external link)
Optical Systems Signs Agreement
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems 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. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herei...Click here to read the whole Article (external link)
Optical Systems Signs Agreement
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems 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. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
Optical Systems, Inc. Signs Contract With Two New Dealers
HOUSTON, TX--(MARKET WIRE)--Feb 18, 2009 -- Optical Systems, Inc. (Other OTC:OPSY.PK - News), a leader in the front office software market for automotive dealerships, announces the installation of their business development call center services in the Charles Clark Chevrolet Dealership and the Clark Knapp Honda dealership which are both located in McAllen, Texas. "The addition of these new dealerships and with many more currently in negotiations proves the need of premier services in the automotive industry. In the current automotive environment, the need for dealers to maximize their sales is an understatement. The Save-A-Deal system and business development call centers are tools that can help dealers profit in all market conditions," stated B.J. Grisaffi, Optical Systems CEO and Chairman of the Board.ABOUT OPSYOptical Systems, Inc., through its wholly owned operating subsidiary, Automotive Software Designers, Inc., provides front office software for automotive dealerships that significantly improves dealership efficiency by automating workflow within a dealership, eliminating manual forms, and reducing the time to desk and finance a deal. For the most complete integrated software solution available log onto www.saveadeal.net.SAFE HARBOR STATEMENTSafe Harbor Statement under the Private Securities litigation Reform ...Click here to read the whole Article (external link)
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