Archive for the ‘On The Go Healthcare Inc. MODI’ Category

On the Go Technologies (OGOH.OB) Has its Hands in Both Entertainment and Healthcare

Wednesday, January 2nd, 2008

On the Go Technologies (OTCBB: OGOH) is a Value Added Reseller (VAR) with technicians and marketplace experts that install computers and software for multi-industry businesses. The company utilizes its several divisions to deliver services to an array of clients.

The largest division is On the Go Enterprise which includes Compuquest, founded in 1989, and Infinity Technologies, founded in 1988; the division was created to offer installation, software and packaging solutions. Clients of On the Go Enterprise include international banks and insurance entities.

The Digital Media division caters to entertainment, print, and publishing companies by providing digital, audio and 3-D software. The division’s Helios Oceana was acquired by On the Go in 2005, offering services to prominent digital media companies.

Founded in 2005, On the Go Creative is an in-house studio of computer designers that sell graphics technology to advertising agencies, design studios, prepress and printers.

On the Go Technologies also has its hand in the medical field with On the Go Healthcare. This division offers large scale picture, archiving and communication systems (PACS) that allow for ultrasound, magnetic resonance, endoscopy, mammograms, X-rays and more. Clients include McGill University Health Center, Toronto-based University Health Network, and the Saskatchewan (Canada) Provincial health services system.

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On the Go Technologies (OGOH.OB) Reports Spike in Sales

Wednesday, January 2nd, 2008

In a booming and rapidly advancing IT market, On the Go Technologies (OTCBB: OGOH) has positioned itself to become an industry leader through the creation of several divisions that offer solutions in healthcare, entertainment and graphic technologies.

The company is a Value Added Reseller (VAR) and has technicians and marketplace experts set in place to install computers and software for multi-industry businesses. The company’s client portfolio includes names such as Citibank, IMAX, Mazda, Universal Studios and more.

The company recently reported a 7,000% increase in its sales in the past four years; 2007 sales are posted at $27 million, up from $2.73 million in 2004. On the Go attributes the hike in sales to its many acquisitions. The purchase of Infinity, Island and Solutions in Computing also spurred the sales increase.

On the Go has a financing facility with Laurus Funds to borrow up to $5.5 million, collateralized by the company’s assets. Laurus has 28,400 warrants at $32.50; On the Go recently cut $500,000 of its convertible debt and more than $3.9 million in total debt this year.

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On the Go Technologies (OGOH.OB), Backed by Strong Management, Grows Sales to $27 Million

Friday, December 28th, 2007

On the Go Technologies (OTCBB: OGOH), through its various divisions, acts as an outside advisor to provide high-end and brand name products. The company is equipped with in-house employees trained for specific sales and service know-how. Through acquisitions of versatile IT companies and a sturdy management team, OTG has grown its sales to $27 million in 2007 from $2.73 million in 2004.

Stuart Turk, founder of OTG in 2000, serves as the CEO, president and chairman of the board. With more than 19 years experience in R&D, Turk holds Canadian and U.S. patents for his personally designed products, and has received funding for his research from the Canadian Government and the National Research Council of Canada. Turk directs his business sense toward acquisition in the IT sales and service center.

Evan Schwartzberg has served as OTG’s CFO since 2000. Schwartzberg previously worked as a senior cash manager for TD Bank Financial and Canada Trust. His academic resume includes a degree from the University of Toronto and is a Certified Cash Manager from the Association for Financial Professionals.

OTG Director Ralph Magid also acts as president at InnoTech Capital Corporation, specializing in funding and R&D activity advisory services to Canadian companies. Magid’s previous employment with small Canadian companies and large multinational companies such as Motorola and Geac Computers, racks up more than 25 years of experience in his field. Magid holds an Industrial Engineering Degree from the University of Toronto and an MBA from New York University; he is also a member of the Professional Engineers of Ontario.

Steven Gryfe is vice president of OTG sales, managing all operational sales activity, providing continual growth for the company’s clientele. Gryfe’s resume includes Compuquest’s top revenue producer and OTG’s inside sales manager in 2002, working his way to his current title in 2007.

Bert Silva serves as the sales director for OTG’s vertical division. Silva was the co-founder of Solutions in Computing in 1994 and used his engineering technology and corporate business background to grow the company to an $8.5 million company by 2001. The company, has since, become one of the greatest contributors to the North American digital entertainment industry, and is still under Silva’s guidance.

Bradley Southam, creative director for OTG, began his Arts career at 16 working as a fashion photographer and studying in Canada and London. From 2000-2004, Southam served as creative director for a leading Canadian disc manufacturer and video producer. He also previously worked for several design firms in Canada and the UK.

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On the Go Technologies (OGOH.OB) Focuses on Acquisitions to Catapult its Various Divisions to Success

Friday, December 28th, 2007

On the Go Technologies (OTG) is focused on the acquisition of versatile and profitable IT companies. As a Value Added Reseller, OTG has technicians and marketplace experts that install computers and software for multi-industry businesses. Through its various divisions, OTG offers high-end brand name products, as well as in-house employees laden with “service know-how.”

To cater to its high-end customers including Citibank, IMAX, Mazda, Hertz and Universal Studios, OTG installs products from such name brands as Microsoft, Cisco, Apple, IBM and Hewlett Packard. OTG’s divisions offer security solutions, high-end storage, disaster recovery, database construction, mobile to network interfacing, Web servers and wireless systems.

OTG’s business profile includes: OTG Enterprise, which directs efforts to Fortune 1000 and SME clientele and vendors such as HP, Apple, IBM and Adobe. OTG Enterprise, the largest division, was founded in 1989, and works in collaboration with Infinity Technologies, founded in 1988. The company installs hardware, software and packaging solutions, and offers disaster recovery, imaging, infrastructure and connectivity. Divisional sales are reported at approximately $20 million.

Founded in 2005, OTG Digital Media & OTG Creative have become prominent system integrators in the digital entertainment industry, working with advertising agencies, design studios, prepress and printers, by selling them graphics technology.

OTG Healthcare caters to the diagnostic medical community by offering large scale picture, archiving and communication systems (PACS), which allows for ultrasound, magnetic resonance, mammograms, endoscopy, X-rays, virtual colonoscopies and more. OTG’s Island Corporation was founded in 1992 and has accumulated clients such as McGill University Health Center, Toronto-based University Health Network, and the Saskatchewan (Canada) Provincial health services system.

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On The Go Technologies Group (OGOH.OB) Ships Order for Ground-Breaking Cancer Imaging and Therapy Projects

Friday, December 21st, 2007

On The Go Technologies announced this morning that it has received an order for 100TB SAN which will be committed to pioneering cancer-related therapy projects. The order is from the same institution who placed an order earlier this year, bringing the total installation to 180TB. The client now stands alongside On The Go’s many million-dollar customers.

The Company’s success with the hospital project has led to the involvement in a second high-profile research program. On The Go’s experience in the healthcare sector was key to the involvement. By winning this contract, On The Go displayed their ability to overcome competitors such as IBM, HP, Netapp, EMC, and Lefthand Networks.

The oncology hospital’s group of researchers understands the importance of bringing imaging into the medical therapy process. Imaging technologies are advancing, becoming highly adaptable which allows extensive integration with treatment processes instead of only being used for diagnosis. Such projects rank along with the highest profile and revolutionary cancer research programs in the world.

OTG President and CEO Stuart Turk commented, “This is a ground breaking, and truly an industry trail blazing, medical project. With cancer sadly being so prevalent in our society, being part of such a solution from the initial phases is an incredible honor. And with the order establishing the client as part of OTG’s growing ‘Million Dollar Client Club’ for the calendar year, it further adds strongly to our Q2 revenues.”

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On the Go Healthcare, Inc. (OGOH.OB) Shares on the Move – Up 34.62%

Wednesday, December 12th, 2007

OGOH.OB shares are on the move this Wednesday morning on more than 33,000 traded shares. The relative strength index bounced off the 30 yesterday, which is a technical indication that an upward move is about to begin.

On The Go Technologies Group’s focus is on marketing cutting-edge software and hardware products to the Fortune 1000 and SME business communities, in addition to pioneering practices that are rapidly becoming a necessary part of the Canadian Healthcare IT digital imaging industry. The Company’s sophisticated information technology products and services allow it to reach out to multiple markets and quickly expand.

Unlike competitors who rely on a single manufacture supply channel, On The Go Healthcare is partnered with a wide range of distributors who supply products from a number of warehouses across the United States. Direct relationships endow On The Go with the ability to offer competitive prices and outperform their competitors’ delivery time.

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On The Go Healthcare, Inc. (OGOH.OB) – It’s Not the Hardware, it’s the Solutions

Monday, December 10th, 2007

On any given day, any one of a hundred different technology resellers will splash their ads in magazines, B2B circulars, and direct mailings. Obviously the idea is to get to the person with the ability to make purchasing decisions, and then hope that the pictures and descriptions of all that hardware gets his blood simmering and he purchases some equipment. But more times than not, what the decision maker needs is a solution, not just a box full of processing chips.

Though there are many Resellers with the product and know-how to build out a technology infrastructure, there are really few that can meet their clients’ dynamic, and exacting, corporate objectives. This is where experience, skill and a working knowledge of a particular technology will make the true difference between a customer that “bought something” versus a customer that “got his problem solved”.

In today’s rapidly changing technology landscape, customers’ needs are now extremely varied, and often quite precise. It is simply no longer enough for a technology reseller to carry all the “name brands” and have the pretty logos on their web site. They have problems, and they need solutions to their problems. Solutions come from people, not metal boxes or silicon chips.

This takes “reselling” to a whole new level. Not only is hardware or software a part of a customer’s technology solution, the customer must feel comfortable that the system they require to solve a particular need is indeed the right system for the job. How many resellers truly have the working knowledge to not only diagnose the exact needs of a customer, but then provide the exact solution to meet that need? Unfortunately not enough. Too many times the customer is sold equipment he doesn’t need, or isn’t the best for his application. This leads to frustration, and of course lost business. Nothing will sour a business relationship than selling someone too much product, or not the right product for his needs.

This is what makes On the Go Technologies group such an interesting company. On the Go is a publicly traded company, trading under the ticker symbol OGOH. They realized from the start that just selling hardware was a short sighted concept, and that as technology grew and became more user specific, they would forge their fortunes via “solutions”. As a total solutions provider, they believe in supplying their customers with more than just hardware and software. Working with their in house Network Architects and/or System Engineers, their Senior Account Managers can help design the perfect solutions for almost any technological requirements.

With a wise history of acquiring operating businesses with already established contracts, On the Go has expanded into a total solutions provider, with expertise in solutions ranging from such diverse backgrounds as medical devices and digital video special effects, to Healthcare archives, disaster recovery, Research, connectivity, vulnerability studies, network solutions and a host of other high priority and valuable services.

Growth has been very good for On the Go, and estimates for the fiscal year of 2007 suggest revenues surpassing 27.5 million dollars. Speaking of growth, According to Datamonitor, healthcare providers will spend as much as $39.5 Billion on diagnostic and software technologies by 2008, representing a 7.4% five-year compound annual growth rate from 2003. OTG clients, the likes of larger hospitals and diagnostic centers, have been and will continue to be the catalysts of this sort of growing IT adoption.

Growth, combined with debt reduction, streamlining of expenses, and market know how is leading OTG to a very bright future. Investors knowing how important growth and retirement of debt is to the bottom line should take a strong look at On the Go. The future will have challenges and On the Go will have solutions.

On The Go Technologies Group (OGOH.OB) Demonstrates Progress with Debt Reduction and Revenue Enhancement

Thursday, November 29th, 2007

On The Go Technologies’ CEO, Mr. Stuart Turk, wrote an address to shareholders. He began stating, “I’m pleased to report that the year thus far has been a robust one in terms of sales refinement, debt reduction and establishing a greater presence in the North American IT sales and service market. We’re actively working towards achieving our goal of profitability and continue to meet our objectives of outside debt reduction and smart operational cost cutting.”

He then reviewed the Company’s highlights which are outlined below:

— “The Company has reported a reduction of $ 2,542,598 in net cash used in operating activities, down from net cash used of (2,798,558) for the year ended July 31, 2006 to net cash used of (255,960) for the year ended July 31, 2007.”

— “Selectivity has proven itself in our Healthcare and medical diagnostic arena, where revenue generation has increased substantially with a higher and more targeted caliber of clientele.”

“OTG Healthcare’s roster of diagnostic delivery and administrative clientele is inclusive of a growing presence in both Canadian and US Government. Recent requests include an unprecedented turnkey DICOM archive solution requested by a Canadian Provincial healthcare region, the first of its kind in the nation and poised to become an industry standard, a $450,000+ imagery hardware order from a core Federal Canadian government agency of CD/DVD publishing systems used for training and image distribution, and a US Federal Government affiliation with contract supplier Solutions for Enterprise Wide Procurement (‘SEWP’) via the Company’s US-based partner OTG Healthcare LLC.”

— “OTG maintained a diligent debt reduction plan in 2007 and is dedicated to eradication of all debt in the 2008 fiscal year. The Company has eliminated all of the Promissory Notes related to divisional acquisitions and its term note from Laurus. Most have been eliminated well in advance of each due date.”

“Our 2008 fiscal year is poised to become a pivotal period. Our debt reduction efforts and sales/clientele enhancements, well honed during 2007, are soundly proving themselves with On The Go running like a well oiled machine. The Company has proved its resiliency and will maintain using all industry opportunities to the best benefit of our fundamental progress. We will continue to streamline all operational costs and expenditures and I look forward to continued improvement for the remainder of 2008,” concluded the CEO.

Qualitystocks.net Announces Independent Analyst Report for On The Go Technologies Group (OGOH.OB)

Monday, November 26th, 2007

Independent Research Analyst Holmes Osborn III, CFA has completed a research report for On The Go Technologies, a North American Information Technology corporation that provides the market with the highest caliber products and service packaging to the SME sector and Fortune 1000 companies.

Holmes Osborn has over nine years of experience in equity research and investment marketing. Previously, Mr. Osborne worked as an equity analyst for an independent research provider. He has also held positions as an investor relations officer for a NYSE-listed company and director of financial analysis for a large consulting firm.

In conclusion of the report, Mr. Osborne stated, “On The Go has shown explosive growth in a growing industry. As technology becomes more involved and convergent, and as time goes on, IT providers like On The Go become more and more vital to large-scale business success. Stuart Turk has a long track record of running a publicly traded company and has shown the ability to pay down debt and reduce expenses. When the Company reaches break even and profitability, its stock price could very well trade in line to other Canadian microcaps in the IT sector, resulting in high stock price appreciation.”

To view the complete research report, please visit: http://www.qualitystocks.net/pdfs/CompanyReport_OGOH.pdf

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On The Go Technologies Group (OGOH.OB) Announces $277,000 in Shipped Orders

Friday, November 16th, 2007

On The Go Technologies announced this morning that it has shipped orders worth $277,000 to a leading global financial services provider for multiple high performance HP Servers and peripherals.

This well respected provider has more than 150 years of market experience and offers an array of management services to over 60 million private, corporate and institutional clients in more than 50 countries. The Company is known as one of the 20 largest financial institutions worldwide and ranked in the top 10 in Europe.

On The Go CEO Stuart Turk stated, “This customer represents the higher caliber of clientele we’re focusing on in the broad spectrum Enterprise marketplace. We’re always pleased when we continue to enrich existing customers’ infrastructures, securing our position as a premier source of their hardware and IT service solutions.”

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On The Go Technologies Group (OGOH.OB) Sky Rockets 70% on Huge Volume

Thursday, November 8th, 2007

 

Since the opening bell this morning, share prices of ONGO.OB have steadily increased to reach a new high-of-day at $0.0017. The volume has also increased considerably and is currently 170% higher than the 30-day average. Recently the company announced that it has met all the necessary requirements to become a Cisco Premier Certified Partner. This special certification ranks On The Go Technologies Group among other industry leading companies.The CEO, Stuart Turk, stated in the press release, “A Certification of this stature uniquely positions us as a trusted technology advisor, allowing us to develop targeted solutions that best serve the extensive needs of our client base.”

He continued to add, “Now having the resources and expertise to design, implement and fully support complete Cisco networking solutions — the backbone of most corporate Information Technology solutions –, in house, we look forward to stronger revenue generation in the quarters to come.”

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On The Go Healthcare, Inc. (OGOH.OB) Share Prices Increase 18.18% on Above Average Volume

Wednesday, October 17th, 2007

ONGO.OB shares are currently rapidly increasing in price as heavy buying pressure consistently push prices to higher levels. The stock has experienced an abnormally high amount of volume the past two days, which some believe indicate future higher prices.

On The Go Technologies Group’s focus is on marketing high-end software and hardware products to Fortune 1000 and SME businesses, in addition to pioneering practices that are quickly becoming a key part of the Canadian Healthcare IT digital imaging industry. The Company’s sophisticated information technology products and services allow it to reach out to multiple markets and rapidly expand.

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On The Go Healthcare, Inc. (ONGO.OB) is One to Watch

Thursday, October 11th, 2007

On The Go Technologies Group’s focus is marketing high-end software and hardware products to the Fortune 1000 and SME business communities, as well as pioneering practices that are quickly becoming a key part of the Canadian Healthcare IT digital imaging industry. The Company’s sophisticated information technology products and services allow it to reach out to multiple markets and rapidly expand.

On The Go is well positioned in Canada’s high-growth industry where tracking healthcare information is crucial. The Ministry of Health recently mandated that the impact of medical diagnostic testing and scientific research must be reported. On The Go is already recognized as a respected company as such and is actively participating in cutting edge developments.

Unlike the Company’s competitors who rely on a single manufacture supply channel, On The Go is partnered with a wide range of distributors who supply products from a number of warehouses across the nation. Direct relationships provide On The Go the ability to offer competitive prices and outperform their competitors’ delivery time.

On The Go’s long term history, extensive relationships and key contracts establish the Company in the healthcare market as a strong participant. There is much potential for the Company to grow further as it continues to provide their customers with reliable products and innovative services.

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