CybeRecord (CYRD) Price & Analysis

Operating as a development stage enterprise, CybeRecord, Inc. produces automated microfilm scanners. Its distinctive ScanServer technology converts microfilm content into digital images, which can then be disseminated across the internet or made accessible locally on an intranet server. Users have the flexibility to choose their desired standard image format, such as TIFF, JPEG, or bitmap files, for the converted microfilm, with the resulting digital assets stored on a computer's hard drive. These archived images can be cataloged, viewed, and electronically transmitted utilizing widely available commercial software. Crucially, the ScanServer does not generate computer files that are editable as text or other data types. CybeRecord intends to rent its microfilm scanners to clients, enabling them to transform their physical microfilm records into digital formats. Initially, the company plans to target its marketing efforts at governmental bodies (including law enforcement agencies), banking institutions, insurance firms, and title companies. As of July 9, 2008, CybeRecord, Inc. operates as a subsidiary of Petrolium Oil Alliance Inc.