The document discusses Redline Communications, a company that provides wireless networks for mission-critical applications. It notes that Redline engineers, manufactures, delivers and supports powerful wide-area wireless networks for uses such as oilfields, military operations, and critical infrastructure monitoring. In 2013, Redline had $32 million in revenues, approximately 40% from the energy sector, and is looking to capitalize on opportunities in the oil and gas industry in 2014 through partnerships, converting pilot projects to full installations, and developing new products and services.
Redline Communications (www.rdlcom.com) is the creator of powerful wide-area wireless networks for the world’s most challenging applications and locations. Used by oil and gas companies, militaries, municipalities and telecom service providers, Redline’s powerful and versatile networks securely and reliably deliver voice, data, M2M and video communications for mission-critical applications.
Details on Cost Cutting:$5M salaries/bonus, $1M contractors, $1M severance/recruitment/stockcomp, $600K travel, $500K Admin/AcctingNeed: number of O&G sales people at beginning of year and at end of year or better yet by quarter
Details on Cost Cutting:$5M salaries/bonus, $1M contractors, $1M severance/recruitment/stockcomp, $600K travel, $500K Admin/AcctingNeed: number of O&G sales people at beginning of year and at end of year or better yet by quarter
Details on Cost Cutting:$5M salaries/bonus, $1M contractors, $1M severance/recruitment/stockcomp, $600K travel, $500K Admin/AcctingNeed: number of O&G sales people at beginning of year and at end of year or better yet by quarter