Kalistani Major History

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KalMM Posts Promising Earnings, Announces Prototype Smart PhoneTentatively labeled "Model X"
Sulari, Suldanor
June 17, 4445


KalMM CEO Michelle Marks-Bennots addresses Shareholders at the Annual Meeting in Kaliburg

KalMM, the joint venture between Kalistan and Lourenne's Manon-Maison, announced promising earnings this June.  CEO of KalMM, Michelle Marks-Bennots laid out earnings and reinvestment strategies for the months ahead.

"Our stock is up 10 percent this year alone.  We are managing our cash flow well, we have reinvested much of our earnings back into research into battery technology, miniaturization, and development of the SPRS, which is designed to ensure that all protocols can talk to one another over our networks.  Our engineers announced that their deadline for a working SPRS relay is October 1 of this year, and they are confident that they have already met the deadline, and have moved on to beta testing with the myriad of devices that are unfortunately so common in our country.  As the SPRS is worked out for Kalistan, we expect to see this technology spread across the world, so that other nations can begin employing it.

"But more positively than these developments, our R&D teams have informed me that they have a working prototype smartphone, which will allow users to connect to the internet securely and efficiently.  We have recently acquired a controlling interest in the old Reynoldia Server Farms, which were established in Temmon three hundred years ago, and which, after being generally abandoned by initial investors, were kept alive and updated by students at the Reynoldia Technological Institute in Temmon. 

"With Reynoldia onboard, we have had the opportunity to design a new model, which we'll call the Model X for now, that can securely broadcast a signal, and make calls via the internet, as well as allow voice and video conversations, securely store credit card information locally, and allow people to use apps.  This will open a new road for mobile communications and commerce, not just by phone, but more and more often by handheld devices, such as smart phones, tablets and laptop computers.  The tech revolution now has a full head of steam.  We hope to continue to play a big part in that progress!"

The CEO says she plans to meet with her Lourennaise Partners before the end of the year and discuss expansion of KalMM into Lourenne to further expand KalMM's research capability and market.