DOOOO BE DO BEEE DOOOOOO!!!! GOTTA LOVE BOTTOMPICKS!

MBRI closed +32% at .50 high of day.

Again, the chart is screaming break out. Todays move was a break out of the wedge at .44.

I nailed the resistance at .50. Next points to watch are .60 then .70.

Volume is increasing just beautifully.
CCI is strong uptrend.
Split Volume shows nothing but accumulation.
Float is less than 5 mil.

The company has publicly stated that more contracts are to be announced this month. So keep a close watch.

This is the first time I state......
MBRI a pot o' gold at the end of the rainbow!

Great news article on the Mobile Reach-Borders contract.

Exerpts-
The deal is estimated to save Ann Arbor, MI-based Borders, which employees 32,000 people in some 500 stores around the world, hundreds of thousands of dollars on an annual basis and increase operational efficiencies.

For Mobile Reach, which also recently signed such a deal with Lockheed Martin and already counts Duke Health, Hershey’s, Time Warner Cable and “one of America’s largest retail chains” (Wal-Mart) among its clients, the Borders announcement is just the latest in a string of high profile deals.


Thursday / December 04, 2003
Printer-friendly format / Email this story
Expanding Reach: Mobile Reach Lands ‘High Profile’ Deal with Borders
By Worth Civils, Special To LTW
CARY – Growing Mobile Reach Technologies has completed its latest in a string of IT asset tracking system deployments, this time with books and music retail giant Borders Group.

The deal originated early this year when Borders contacted Mobile Reach through Column Business Systems, one of its resellers. Borders had partnered with Column to assist in building a workflow based asset management solution.

Mobile Reach was brought in to build custom mobile applications that enabled warehouse workers to move assets through the facilities. Since deploying the system in May, Borders says it has increased employee productivity and eliminated manual recording of codes.

The deal is estimated to save Ann Arbor, MI-based Borders, which employees 32,000 people in some 500 stores around the world, hundreds of thousands of dollars on an annual basis and increase operational efficiencies.

For Mobile Reach, which also recently signed such a deal with Lockheed Martin and already counts Duke Health, Hershey’s, Time Warner Cable and “one of America’s largest retail chains” (Wal-Mart) among its clients, the Borders announcement is just the latest in a string of high profile deals.

“It’s probably one of the higher profile customers we’ve had, that’s for sure,” says Brian Balbirnie, vice president of operations for Mobile Reach. “Obviously, the bottom line is fiscal responsibility—to generate the most revenue as possible … but we want to have customers that are impactful to our business, too.”

For fiscal 2004, Mobile Reach projects revenues from its IT asset management products and services to reach $1.5 million.

More deals to come: ‘Pipeline is booked’

With Borders and Lockheed now under its belt, Balbirnie says Mobile Reach could close on another three to six similar deals with large clients before the year is out.

“We’re in talks with several companies,” he tells Local Tech Wire. “The pipeline is booked.”


http://localtechwire.com/article.cfm?u=6221

Good luck longs.
MBRI is looking like a pot o' gold.

Check out the Research by Spelman

http://www.spelmanresearch.com/reports/114.pdf

Check out the Research report by Spelman

http://www.spelmanresearch.com/reports/114.pdf

Mobile IT solutions is the sector that is going to grow like "gangbusters". The following quote comes from the CEO of XTND, a wireless software company that has only recently made its first profitable quarter.

Why do I quote from Mr Jepson, a direct competitor of MBRI? To show that MBRI, at $.33, is undervalued as compared to future revenues!

XTND closed at $4.66 Friday. If XTND has made the first quarterly profit in the companies history on revenues directly related to mobile technology, then Mobile Reach International Inc. has the opportunity to become a profitable company much sooner. MOBILE REACH management had the foresight as a start-up to develop a technology that corporations need help with the most, mobile technology.

Jepson said increased sales for the past quarter demonstrate a growing interest among businesses to provide workers with wireless technology.

“The fundamental driver has been the adoption of mobile technology,” said Jepson, who took over as CEO this summer after the resignation of longtime CEO Steve Simpson. “In the past, companies couldn´t demonstrate the ROI (return on investment), and the reliable wireless network needed to support our product wasn´t available until the last 18 months.”

Extended Systems develops and sells software that allows mobile workers to conduct business using wireless devices such as cell phones and personal digital assistants.

Extended Systems´ wireless software lets mobile workers such as sales reps and truck drivers use handheld devices to access data from a desktop or laptop computer back at the office.

“We think this technology is going to grow like gangbusters over the next two to three years,” said Jepson.

Analyst Matt Hoffman, of Soundview Technologies in Connecticut, agreed.

“Wireless e-mail is growing in popularity, and there´s a definite momentum in the market for the products they are selling,” said Hoffman.

http://www.idahostatesman.com/Business/story.asp?ID=52119

News out...they landed the Borders deal....this is going to start moving soon....BRIG

http://biz.yahoo.com/prnews/031124/chm003_1.html

MBRI is going places.

After a brief conversation with management yesterday, we began adding shares to our position in MBRI.

Mobile Reach is a young company on the move. The case studies I have studied with projects completed for companies like Borders, Hersheys, etc. really clarified my opinion that MBRI knows and understands the Mobile IT market.

Mobile Reach's ability to integrate its HelpReach solution with any corporations custom software, and efficiently use WiFi, bar coding and mobile equipment tracking, have proven it can save clients millions of dollars per year in service costs.

The efficiency gained by using mobile technology while trouble shooting IT problems makes this one of the hottest sectors in the market today. And shareholders of MBRI will be one of the top benefactors.

Good luck MBRI longs.

Rumor of course is "Wal-Mart" But, I guess we will wait and see:)

Spread is getting better!

that was good news...too bad they couldn't announce who the company is..that will come...and more good news coming.....adding shares on any dip....BRIG

NEWS!

http://biz.yahoo.com/prnews/031118/chtu009_1.html

Boost in Revenues for the Quarter - Mobile Reach Wins Contract From One of America's Largest Retail Chains
Tuesday November 18, 9:20 am ET


CARY, N.C., Nov. 18 /PRNewswire-FirstCall/ -- Mobile Reach International, Inc. (OTC Bulletin Board: MBRI - News), a product and services company focused around mobility, today announced it has mobilized one of North America's largest retail chain enterprise asset tracking systems. Due to a contractual clause in the agreement, the Company is not free to state the name of the specific client at this time. However, the company is projecting the revenues from its IT asset management products and services to reach $1.5 Million for the fiscal year ending '04.
"Mobile Reach is pleased to announce the successful automation of our Asset Management software with one of the nation's largest retail chains Warehouse systems," says Mark Lloyd, CTO of Mobile Reach. "The underlying requirements of this systems were dominated by the need to use only the scanner and an enter button on the mobile device for most tasks -- our products and engineering team were up to the challenge and met these requirements."

news

http://biz.yahoo.com/prnews/031112/chw011_1.html

I hear news is coming tomorrow! I hope it's true.

LOL!...am expecting some good stuff..we'll see!

"GRUB".....