3 E Network Begins Shipping on an Approximately $5 Million Storage Contract
Photo: TokenPost
3e Network Technology Company Limited (HK), a wholly owned subsidiary of 3 E Network Technology Group Limited, has started fulfilling the approximately $5.0 million storage contract announced Oct. 21 with its initial shipment. The order primarily includes high-density enterprise memory modules and data center-grade storage controllers. Further batches are scheduled over the coming quarters under a mutually agreed timeline. Before shipment, the company's technical team completed system-level checks for compatibility and interoperability. 3 E Network expects to recognize sales revenue as it meets fulfillment milestones. It also expects customer payments to contribute to operating cash flow.
Source: TokenPost
