Quadrant 4 System Corp (OTCMKTS:QFOR) recently announced the release of Jett, a social robot for Science Technology Engineering and Math. This is an close collaboration with RoboKind Robots. The stock has been on a steady uptrend since November with the share price doubling from its lows. Volume has been steady and slowly increasing.
RoboKind Robots is an industry leader in social robotics. It has collaborated closely with QFOR to develop the first curriculum that teaches standard-based STEM through RoboKind robots and avatars. The new project is called ROBOT4STEM. It allows students from every grade level to bring robots and avatars to life as they develop and master computer and science concepts. Students program the robot’s physical movement and emotional responses ranging from basic to very complex.
The curriculum that QFOR co-developing and marketing delivers the instructional material through its EmpowerED solution. This allows students to learn at their own pace by going through a series of projects. It begins at beginning level and as students learn, gain confidence, and grow their coding abilities they are introduced to more complex systems and programming like Java.
In other recent developments, QFOR has been on an acquisition spree by acquiring DialedN Corporation and purchasing select assets from Unitiv Corporation. DialedIN product include an enterprise communication platform that is deployed in many corporate environments. Their product family includes internal and external communications infrastructure that allows users to create, and engage with media-rich content.
Unitiv acquisition was for the Intelligent Help Desk which is a leading edge call support program built from a proprietary customer-servce platform. The platform is able to deliver 24×7 support. QFOR knows that product support and customer support is an opportunity to helping the company build lasting relationships with customers.
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QFOR is currently trading at a $32.84 million market valuation. The recent acquisitions and product offering expansion will benefit the company in the long-term. Financially, the company has set record revenues over the last three years and looks to do so again. The trailing twelve month revenues is $54.46M which means the company is selling less than 1x sales. For a software company, it seems to point to better times ahead if it can turn things around. Stay tuned for more developments.
We will be updating on QFOR when more details emerge so make sure you are subscribed to Microcapspot so you know what’s going on with QFOR.
Disclosure: we hold no position in QFOR either long or short and we have not been compensated for this article.
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