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Its name is Network Installation Corp. (Symbol: NWKI).

They offer the design, installation, and deployment of wireless technology and specialized communication system to the Fortune 100, universities, government agencies, and others. Their services cover voice and video networks as well as wireless networks, Wi-Fi, WiMax, telecom, and Voice over Internet Protocol (VoIP) applications.

Click here to see their stock performance since last April 2004 to March 2005.

As you see it yourself, the graph is moving upward, indicating the stock is performing very well; even though it’s showing turbulence along the way. Even in October 2004, the price literally jumped from 0.5 cents/share to somewhere around $1.3 – $1.5/share. I wonder what caused it to increase..Hmm..Looks like there was a big demand in October, even bigger demand in February 2005 which made the price keep moving up and finally hit $2 mark.

I have also found several company highlights on AllPennyStocks.com which look pretty impressive to me:

1. Announced Record revenue of $2,000,762 vs. $1,119,680 for the nine month period ending September 30, 2004 vs. September 30, 2003.

2. Announced record revenue for the quarter ended September 30, 2004 of $760,835 vs. $444,736 for the same quarter in 2003.

3. Has announced numerous WLAN, Wi-Fi and VoIP project wins in the past three months.

4. Announced that it was awarded a project order for the deployment of a communications platform at Fort Irwin U.S. Army Base located in Barstow, California. The project entails the installation of a premise distribution system, exterior plant infrastructure utilizing strand fiber optic cable, closed circuit television security system and a duress signal system. The project is valued at approximately $ 190,000.

5. Announced it was awarded multiple project orders valued at a minimum of $110,000 with the potential for an additional $100,000. Network Installation was awarded a project order for the deployment of a Wi-Fi network at Tustin Union School District in Orange County, CA. Additional new projects also include the installation of IT platforms for Poway Union School District in San Diego, Cambridge Schools in Citrus Heights, CA and Rancho Cordova, CA – based Octagon Risk Services, Inc.

6. Announced that it was awarded a wireless project from the City of Barstow, CA. Network Installation will design, install and deploy a wireless network to encompass an area from the Barstow City Hall to the Parks and Recreation Department. Additionally, the project calls for the installation of a local area network (LAN) which will support up to 154 users.

7. Announced it was awarded several new projects valued at approximately $100,000. IT solutions were deployed at Mesa Verde High School in northern California as well as La Habra City School District in southern California.

8. Announced that it has been awarded an IP solution project by the New Mexico Dept. of Public Services for the use of VoIP at its remote locations.

9. Announced that it received a project order from medical diagnostics provider ACON Laboratories. The project includes the installation and deployment of a Strix Systems wireless network between campus buildings. The project maintains future scalability for indoor Wi-Fi coverage.

10. Announced that it was awarded an order from Providence, Rhode Island – based Narragansett Bay Commission for an Avaya 2400 Series telecommunications solution which can accommodate up to 157 users. The order is valued at approximately $46,000.

11. Acquired 100% of San Diego-based Del Mar Systems International Inc., a provider of integrated telecommunications solutions including VoIP applications.

12. Del Mar Systems has delivered communication solutions to many well known companies including General Electric, Western Digital, Bank of America, SAIC, Marriott, Holiday Inn, Sheraton and Hilton Hotels throughout the U.S.

I think by the end of this year, they’re probably going to hit $2.50 – $2.60/share. That’s just my guess, though. VoIP is big this year, even AOL is really taking it seriously. We’ll see what’s going to happen. I may have to put this under my radar.

Quote of the Day:
Never invest your money in anything that eats or needs repairing. – Billy Rose

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