Archive for October, 2009

Newport Digital Technologies, Inc. (NPDT.OB) to Implement Microsoft Licensing Agreement; Signs Distribution Agreement with Ingram Micro

Friday, October 30th, 2009

Newport Digital Technologies, Inc., a technology solutions driven company organized to focus on serving the fastest-emerging businesses in the technology space, announced today after the closing bell that it has implemented the licensing agreement with Microsoft Corp. to develop applications for its Windows Mobile platform. The Company has also progressed with their distribution agreement previously announced with Ingram Micro, Inc. (NYSE: IM), which will serve as its initial primary sales channel partner.

Newport Digital Technologies, Inc. (NPDT), in conjunction with leading Taiwan-based R&D technology incubators, the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI), is commercializing a number of leading-edge Radio Frequency Identification (RFID) technologies. The first product is the N37B Ruggedized Handheld RFID reader and computing device that was unveiled this week at the Voluntary Interindustry Commerce Solutions Association (VICS) conference hosted by the University of Arkansas RFID Research Center. NPDT is a named sponsor of this research center at the Sam Walton College of Business.

The N37B will offer two more complementary integrated options that include 3G connection module and location and navigation-based GPS. The 3G option will enable the handheld to have data connectivity anywhere a cellular connection is available, making for a “connect anywhere” scenario for RFID business applications. The GPS option will allow for the N37B to not only collect RFID data from item level inventory but to pinpoint and report the location of the inventory scanned by the RFID reader. This greatly enhances and expands the applications that can be offered from Independent Software Vendors (ISVs).

“We are thrilled to be approaching final certification of this RFID reader for use on a major telecom’s wireless network,” stated NPDT CEO Gary DeMel. “We are also excited by the response of the RFID industry at the VICS conference to the total RFID solution NPDT demonstrated at the VICS conference. The N37B, which will run on Microsoft’s Mobile Computing Platform, has wide application in RFID market. NPDT will offer this device along with a comprehensive line of mobile computing products and solutions targeting RFID field applications for asset tracking, inventory management and point-of-sale for various B2B markets.”

NPDT’s planned RFID product suite includes: Electronic Product Code (EPC) Global certification laboratories, ruggedized, military/commercial-grade RFID enabled, mobile handheld tablet computers, RFID forklifts, POS kiosks, POS Checkout, EAS readers, USB readers and RFID tags. Utilizing the Microsoft Windows Mobile operating system, NPDT will further extend the features and capabilities of its products.

“Newport Digital Technologies has developed truly innovative RFID technologies and we are thrilled to work with them to bring these technologies and applications to the Windows Mobile platform,” commented Daren Mancini, General Manager in the Windows Mobile Sales division at Microsoft.

“We are very excited to work with Microsoft’s technology and business teams to develop the next generation of RFID computing devices by utilizing Windows Mobile with customized application suites,” said Gary DeMel, CEO. “Microsoft, which provides software and hardware products and solutions worldwide, is one of the world’s premier companies and we are looking forward to partnering with them through a successful licensing agreement. This agreement may prove to be the springboard that launches Newport Digital into becoming a recognized name in the wireless space. We are proud to be a company with technology that Microsoft believes in.”

“At the VICS Conference NPDT was presented as sponsor alongside Motorola, Impinj, Avery Dennison, and ADT; all leaders in the RFID industry today,” added NPDT CTO and COO Weiling Tsao. “The NPDT demonstration booth, in our opinion, was by far the most elaborate, and the only one having live RFID demos. NPDT is not interested in just selling a single device or product; our focus is to deliver a total end-to-end RFID solution. Using the Microsoft Operating System enables us to accommodate almost nearly all of our potential customer base. We look forward to providing more guidance to our shareholders and clients as we further develop our RFID solutions.”

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Polymer Group, Inc. (POLGA.OB) Acquires Remaining 40% Stake in its Argentinean Joint Venture

Friday, October 30th, 2009

Polymer Group, Inc. reports completion of its transaction to purchase a 40 percent minority stake in Dominion Nonwovens Sudamericana, S.A. (PGI Argentina) from its partner, Guillermo E. Kraves with terms of the transaction undisclosed.

PGI Argentina has been operating as a joint venture since 1997. The company is located near Buenos Aires, Argentina and began operations with multi-beam spunmelt lines which serve the hygiene and industrial markets of the Mercosur region. PGI then purchased a majority share of the business in 1999 with a focus on growing business in the Mercosur region as part of its overall hygiene leadership strategy in Latin America. In 2003, PGI added an extrusion line and most recently installed new wide-width, multi-beam line which features the latest spunbond technology and has a capacity of over 15,000 metric tonnes per year.

PGI’s chief executive officer, Veronica (Ronee) Hagen, commented on the purchase saying, “This investment is a signal of our confidence in the future of our operations in Latin America and the strategic significance of the operations in Argentina, We have successfully positioned ourselves with supply in each of the major trade regions of Latin America and bringing the Argentina joint venture fully into the PGI ownership structure gives us the ability to fully capitalize on future growth opportunities.”

Roland Dominguez, vice president and general manager for PGI’s Latin American operations also commented, “The people who make up the business of PGI Argentina have worked hard to ensure the business is positioned for success and capable of world-class operations. The investment PGI is making in this business is a sign of confidence in their ability to continue to deliver superior value to our customers in the region.”

Polymer Group, Inc., (PGI) is one of the world’s leading producers of nonwovens and a global developer, producer and marketer of engineered materials. With a broad range of process technologies in the nonwovens industry, PGI supplies leading consumer and industrial product manufacturers. The company operates 14 manufacturing and converting facilities in 8 countries throughout the world.

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Black Hawk Exploration Inc. (BHWX.OB) is “One to Watch”

Friday, October 30th, 2009

Black Hawk Exploration Inc. is a diversified metals and energy exploration company. Their current focus is on lithium exploration through their wholly owned subsidiary Blue Lithium. Black Hawk holds mineral rights to 1,120 acres in the lithium-rich Clayton Valley in Nevada. Clayton Valley is the home of the largest lithium brine production facility in the U.S. The Company is focusing on the acquisition, exploration, and development of highly-prospective North American lithium properties. Black Hawk Exploration Inc. has their headquarters in Fox Island, Washington and they trade on the OTC Bulletin Board.

This week, Black Hawk Exploration, Inc.’s management team, headed by Kevin M. Murphy, announced to their Black Hawk shareholders, friends, and the market a recap of their last quarter and significant milestones. In early August, Black Hawk launched a diversified energy and metals exploration program. The focus was on identifying and exploring strategic high value properties and developing new prospective projects globally. On August 11, the Company formed Blue Lithium Energy (Blue Lithium), a wholly owned Nevada subsidiary.

Black Hawk announced in a Press Release on September 28th, 2009 that they had officially launched a “Diversified Energy and Metals Exploration Program” through their subsidiary Blue Lithium. On September 30th, 2009, Black Hawk announced their Clayton Valley, Nevada acquisition. On October 19th, 2009, Black Hawk announced that they entered into an equity financing agreement for up to $1,000,000 from private investors.

The Company’s Clayton Valley claims and the worldwide demand for their potential lithium production is helping them secure investment. The signing of the equity financing agreement will allow the Company to fund the implementation of their operations and acquisitions strategy. They stated that the first priority of Blue Lithium would be their exploration program. Black Hawk Exploration Inc.’s corporate commitment is to an aggressive program of value-added property acquisition, project generation, asset diversity, and Shareholder value building.

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Data Call Technologies, Inc.’s (DCLT.OB) Additional Products

Friday, October 30th, 2009

Data Call Technologies Inc., best known as one of the fastest growing members of the Digital Signage (DS) community, offers a wider range of digital signage related products than most people are aware of.

First and foremost, of course, is the company’s well-known ability to provide compelling content to help draw viewer attention to digital signs, thus increasing their effectiveness. By adding continuously updated weather, news, traffic, sports, financial, or other eye-catching elements to digital signage, DCT has changed the way people look at advertising. In fact, DCT Chairman, Jim Ammons, who also helped invent the first live wireless sports feed with the Associated Press, believes that digital signage is the single most explosive industry today and will change not only advertising, but the Internet itself.

But the company also provides other less known associated products and features that support its clients as they move into the relatively new world of digital signage. For example, using DCT’s Express Messaging, you can instantly send out news, promotional information, or anything else you need to communicate, to all of your digital signage locations across the globe, all with a simple click of a mouse. You can also customize Express Messaging, using a graphic banner and logo. And DCT’s new N-Tice product allows businesses to mobilize their brand, by broadcasting to mobile devices, including instantly updated metrics to track response.

If you’re brand new to digital signage, or need additional DS hardware, Data Call Technologies even provides flatscreen TV panels (37” to 42”), as well as stands and mounts. The company considers itself a one-stop shop, and will customize product packages, both software and hardware, to meet individual client requirements. It also caters to both manufacturers and end users.

Data Call Technologies sees digital signage as the future of advertising and mass communication, and has positioned itself as a critical component in the revolution.

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1st Mariner Bancorp (FMAR) Reports Loss and Write Down Of Assets

Friday, October 30th, 2009

1st Mariner Bancorp reported a net loss of $12.956 million, or $2.01 per share, in the third quarter of 2009. The bank attributed most of the loss to problems with Mariner Finance, a consumer finance subsidiary that is slated for sale.

The net loss included an impairment charge of $10.584 million to recognize a write down in value of the bank’s investment in Mariner Finance. 1st Mariner Bancorp has reached an agreement to sell Mariner Finance, bringing the carrying value of Mariner Finance to approximate the amount that it is being sold for. The sale is expected to close in the fourth quarter of 2009.

Edwin F. Hale, Sr., the CEO said, “While the sale of Mariner Finance negatively impacted our third quarter results, the proceeds to be generated from the sale are expected to provide a key step to increasing regulatory capital ratios of First Mariner Bank.”

1st Mariner Bancorp is a holding company that owns 1st Mariner Bank, a banking subsidiary with $1.25 billion in assets. 1st Mariner Bank has 24 branches in Maryland, and also owns 1st Mariner Mortgage, an underwriter of residential mortgages.

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Americas Energy Company and Trend Technology Corp. (TRET.OB) Announce the Sale of Initial Production from Oil Well

Friday, October 30th, 2009

Americas Energy Company, a consolidator of high-quality energy properties with projects in both Kentucky and Tennessee, recently announced that the company, along with Trend Technology Corporation, sold the initial production from its first oil well. This oil well is on a timed pumping program in order to extend its production life and is currently producing 15 barrels to 20 barrels of oil per day.

Chris Headrick, president and co-chief executive officer of Americas Energy Company, stated, “The sale of the production from our first oil well to Somerset Energy Refining in Somerset, Kentucky has set the stage for our oil division. We have entrusted the development of that division to Mr. Jimmy A. Dunn Jr., as our vice president of oil and gas.”

Mr. Headrick continued, “Based on the success of the first well, Mr. Dunn and Americas Energy Company have established an aggressive development plan to initiate production on our oil and natural gas leases. We plan to rapidly exploit our development rights to the 1,700+ acres surrounding this well, and develop as many as 95 additional oil wells over the next 24 to 36 months.”

In the process of being acquired by Trend Technology Corporation, Americas Energy Company is located in Cumberland County, Kentucky on more than 1,700 acres and is currently evaluating several coal projects, as well as an oil and gas rework project in Southeastern Kentucky.

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Neptune Technologies & Bioressources Inc. (NEPT) Awarded Method of Use Patent for Heart Disease

Friday, October 30th, 2009

Neptune Technologies & Bioressources Inc. announced that the patent, “KRILL EXTRACTS FOR PREVENTION AND/OR TREATMENT OF CARDIOVASCULAR DISEASES,” was successfully issued in Europe, marking an integral achievement in eliminating competition of other entities focused on krill extract in the European cardiovascular market.

The issuance of the patent is expected to thwart unregulated marketing of krill oil and relative products.

“Recently, we observed players cheating on the market and misleading consumers by selling krill oil in Europe without any regulatory approval. We also noticed that they advertise unproven health benefits with their products as well as infringe on our patents. This was surprising until we realized who were involved. These situations will be addressed as required,” Henri Harland, CEO and president of Neptune stated in the press release.

The company also announced that the European Food Safety Authority (EFSA) signed the approval of Neptune Krill Oil as a Novel Food and PARNUTS for commercialization in the EU.

Dr. Tina Sampalis, chief scientific officer of Neptune, explained the details and benefit of the novel food designation.

“The placing in the EU market of novel food or novel food ingredients, which have not been authorized or notified within the framework of Regulation 258/97, will have as a consequence the immediate withdrawal of the non-compliant products from the EU market by the competent national authorities of the Member States by notification of the Commission through the Rapid Alert System for Food and Feed (RASFF). This is in addition to any other liabilities that can be deducted from the Member States’ national legislation. Moreover, violating Neptune’s rights by infringing on any of its patents by any players in the krill oil market is also considered a legal offence,” Dr. Sampalis stated in the press release.

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Consorteum Holdings, Inc. (CSRH.OB) – The Right Payment Solutions Partner

Friday, October 30th, 2009

Consorteum Holdings Inc. provides financial services, payment and transaction processing services to firms in both the public and private sector. The company’s business strategy is to build on their expertise within the payments and transaction industry in North America, Europe and elsewhere.

The company first identifies new business opportunities and technology trends for their clients and then they develop customized solutions for their clients to meet the challenges of the fast-changing global marketplace. Consorteum is especially focused on helping their clients in several areas including: to deliver unique products and services more effectively and efficiently, improve operational performance and therefore increase revenues in existing markets, and also to enter new markets.

What distinguishes Consorteum in the marketplace is their demonstrated capability to provide clients with the right solutions. The company’s extensive relationships within the payment and transaction industries along with other world-leading companies give them the ability to provide their clients with the best possible solutions.

Consorteum has secured a number of strategic relationships and lucrative long-term (3-4 year minimum) contracts. This allows the company to continue to grow right alongside their clients and to have a very positive outlook going forward. The company has revenue projection of over $4.8 million in 2009-10 and believes they will be cash flow positive by the end of the fourth quarter of 2009, with monthly revenues of approximately $150,000, and a monthly operating expenditure of under $100,000. In addition, Consorteum is currently negotiating contracts for 2010 and beyond, worth an additional $6 million plus in revenues.

The company has built its reputation with one goal – for their customers to look at them as partners, not just another technology provider.

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Carbonics Capital Corp. (CICS.OB) Signs Agreement to Lease Montana Oilseed Plant

Friday, October 30th, 2009

Today, Carbonics Capital Corp. announced that Great Plains Oil & Exploration, LLC will lease the company’s oilseed crush plant in Culbertson, Montana. Great Plains will use the facility in further development of their oilseed production program. The announcement follows the execution of an agreement between the companies.

Culbertson consists of oilseed handling, storage and processing infrastructure, including mechanical crush and vegetable oil refining equipment. It has over two million gallons of crude vegetable oil storage, over one million bushels of oilseed storage, and over four thousand tons of meal storage. Additional infrastructure includes a rail siding, truck and rail scales, and major U.S. highway frontage.

The lease presents a lucrative opportunity for Carbonics to expand its business enterprise. In 2008, Culbertson was unable to renew its working capital line of credit, and was therefore unable to complete its purchase of delivered oilseed inventory. After several months of difficult work, and the tremendous efforts of Montana and North Dakota regulatory officials, Carbonics reported its complete liquidation in October 2009. Presently, with this lease agreement, activity occurring at the facility is an effort to resume and revive operations.

Dr. Paul Miller, Carbonics’ president and CEO, stated, “Activity at Culbertson is very important right now. A completely shut facility is not an ideal situation and this lease keeps personnel on sight, augers conveying, and trucks rolling. We are delighted that Great Plains shares our belief in the value of Culbertson, the region and the opportunities for oilseed production and processing.”

Sam Huttenbauer, CEO of Great Plains Oil, added, “We are delighted to be able to add the Culbertson facility to our growing list of camelina storage and processing facilities. This will provide an important central hub for our camelina growers in eastern Montana and western North Dakota.”

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Magnum D’Or Resources Inc. (MDOR.OB) to have Colorado Politicians Visit Their US Recycling Facility

Friday, October 30th, 2009

One company that has been getting attention from the investment community is Magnum D’Or Resources. The young Florida Company with a Canadian presence has positioned itself to become a global leader in rubber and scrap tire recycling and its Next Generation technology could potentially revolutionize the industry worldwide. Today, all of their hard work was recognized with a major announcement.

In a press release, Magnum, whom recently has been breaking new ground at their Colorado site, announced they would have Colorado State and local representatives visit their facility on November 2nd of this year. The new site, which has been completely cleaned and renovated, will be one of the cornerstones to their future success.

One of the main reasons Magnum has spread so far so fast is Bryan Brammer. Brammer, who serves as Magnum’s COO, came to the Magnum team in September of this year as the Corporate Director of Business Development and Chief Operating Officer of Magnum Recycling USA and decides on the day-to-day operations of the young company’s property production.

Mr. Brammer was asked about the new Colorado site and its affect on Magnum. He was quoted as saying, “We are thrilled to showcase the site to several of our State and Local Representatives showing them what we have already accomplished in such a short period of time. This is only the first step in what is to become a World renowned Rubber Solutions Facility.”

Currently, Magnum is trading in the $1.12 range and has continued to produce positive news. With a proven leader such as Brammer in place and a global presence that continues to grow, Magnum is poised to make a surge on Wall Street and potentially become a household name in the future.

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China Medicine Corp. (CHME.OB) to Acquire Pharmaceutical Manufacturer in Guangzhou

Friday, October 30th, 2009

China Medicine Corp. is a developer and leading distributor of prescription and over-the-counter drugs, traditional Chinese medicine products, nutritional and dietary supplements, and medical devices and formulations in China.

The company announced today that through its wholly-owned subsidiary in China, Konzern Pharmaceuticals, it has signed an equity transfer agreement to acquire 100% of equity interests in Sinoform Limited, a British Virgin Islands corporation which is the sole shareholder of Guangzhou LifeTech Pharmaceuticals. LifeTech Pharmaceuticals is a developer, manufacturer and marketer of pharmaceutical products and traditional Chinese medicines in China.

The acquisition is expected to close before the end of the year and China Medicine will acquire Guangzhou LifeTech for 57 million renminbi or about $8.3 million cash and the assumption of about $13.2 million in debt. Upon closing of the acquisition, the company will receive all of LifeTech’s assets, including a portfolio of 39 Western and traditional Chinese medicine products. LifeTech’s top-selling drug, Houerhuan Xiaoyan Capsules, for the treatment of throat infections and acute laryngitis, is projected to account for 66% of LifeTech’s annual sales in 2009 and has a gross margin of 60%-70%.

China Medicine expects the LifeTech acquisition to be accretive to earnings, generating revenues of between $10 million and $12 million and net profit margin of at least 40% in 2010. The acquisition of Guangzhou LifeTech is another step in the company’s evolution to becoming a vertically integrated pharmaceutical company.

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Acxiom Corp. (ACXM) Partners with Kynetx to Offer an Unprecedented E-commerce Interoperability Solution

Friday, October 30th, 2009

Acxiom® Corporation announced a bold new initiative to tie together multiple websites through a partnership with Kynetx Inc., which will result in leveraging the proprietary Kynetx platform to allow consumers to personalize their shopping and browsing experience.

Kynetx is a pioneer and industry leader in creating context-sensitive user experiences across multiple sites and platforms. By downloading applications which can quickly be personalized to streamline e-commerce for the individual consumer, users will gain unprecedented control and can take advantage of personal discounts and promotions uniquely suited to them. This self-selected profile will stretch simultaneously across multiple sites and environments, bringing a new level of synergistic relativity to the client/supplier relationship.

President and CEO of Acxiom, John Meyer, explained that this new business and development partnership with Kynetx would “enable consumers to drive the content”. Meyer went on to say that this new system would put exceptional and hitherto non-existent power into the hands of consumers, allowing them to “get the content they’re looking for − and in much less time than is required today.”

Meyer signified the remarkable potential of the applications to be offered through this deal with Kynetx, saying that they would “create consumer engagement that no one else is doing in quite the same way”, and that the level of personalization created by this “highly-targeted” approach would dramatically “improve the quality of the interaction”.

Acxiom is a recognized global leader in infrastructure management and interactive marketing services. By emphasizing methodologies which tightly stitch together the customer and its clients, Acxiom is able to bring vast decades of experience to bear via a consultative approach, making the partnership with Kynetx a natural fit. Acxiom plans to figure out the tool integration aspect of this new system with Kynetx at the latter’s Impact Conference on Nov. 18-19.

Senior VP of Identity Solutions for Acxiom, Tim Christin, said of Kynetx that they were “the perfect partner”. Christin also explained that the Kynetx engine, the proprietary technology platform to be employed in the new system, would deliver a “consumer-controlled, cross-site, experiential and context-driven” end-user experience, which would seamlessly extend Acxiom’s “existing identity management solutions”.

Steven Fulling, CEO of Kynetx elaborated on the dovetailing of each company’s capabilities, saying that the partnership would result in a “purpose-centric” Web experience. Fulling addressed the prevailing problem for which companies like Google came into being and by which such companies manage to attain soaring profits, namely the superabundance of information: “we are creating applications that fully achieve users’ goals of finding the best information without getting lost in the clutter”.

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Newport Digital Technologies, Inc. (NPDT.OB) Announces QualityStocks Coverage

Friday, October 30th, 2009

Newport Digital Technologies, Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report.

Newport Digital Technologies, Inc. is focused on offering a rich portfolio of competencies in RFID (Radio-Frequency Identification), WiMAX, LED Signage, and Security & Surveillance. Utilizing its technological expertise and creativity, the company enables its customers to take full advantage of the nearly limitless possibilities offered by increasingly sophisticated applications.

Newport Digital Technologies, Inc. is committed to meeting specific customer requirements by delivering complete solutions for a broad spectrum of applications. The company is building a global distribution, licensing, and sales network of industry-leading partners as well as third-party Original Design Manufacturers (ODMs) and component suppliers to ensure its clients world-leading technology with strong local support capabilities.

Gary DeMel, CEO of NewPort Digital, stated, “Newport Digital Technologies, Inc. has a unique and solid business foundation, and appreciates the opportunity to sponsor the Quality Stocks Newsletter, Video and Blogs. QualityStocks is providing a much needed service in the micro-cap and small-cap markets.”

Michael McCarthy, Managing Director for QualityStocks, commented, “We are very pleased to have Newport as a featured company. The Company is methodically establishing itself as a category leader.”

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Dreams, Inc. (DRJ) Signs New Web Syndication Deal with the Minneapolis Star-Tribune

Friday, October 30th, 2009

Dreams, Inc., a leader in licensed sports products, has reported a web syndication deal with the Minneapolis Star-Tribune, one of the nation’s highest circulation newspapers. The new agreement will provide Dreams another outlet for licensed sports products and provide their new media partner with an additional stream of income. Dreams has previously obtained other major media/newspaper clients including USA Today, the Baltimore Sun and the Boston Globe.

In the new agreement Dreams will provide the design, development, marketing, customer service and fulfillment of an online Fan Shop for their new media partner. The merchandise offered includes a selection of more than 120,000 team products in a variety of categories including apparel, novelties, collectibles, home and office. Dreams will also provide the media outlet with sophisticated Search Engine Optimization (SEO), targeted database marketing, customer service and same day turnaround for shipping products.

Kevin Bates, Dreams’ Retail President and FansEdge Founder, commented on the new agreement, “These relationships further solidify our strength in the web syndication arena,” “From sporting organizations to major retailers and now to media outlets, the industry is beginning to see the value of our proprietary e-commerce technology combined with our marketing and cataloging expertise, superior customer service and same day shipping.”

Tim Jandro, Senior Web Project Manager for the Minneapolis Star-Tribune stated, “We are excited about forging a partnership with Dreams Retail and to take advantage of the company’s extensive e-commerce expertise, “Our goal in this partnership with Dreams is to deliver a positive and frequently recurring online shopping experience for our users.”

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Reflect Scientific, Inc. (RSCF.OB) Receives Most Innovative Product Award

Friday, October 30th, 2009

Reflect Scientific, Inc., a provider of energy efficient, zero emission cooling products, excitedly announced that it received the award for Most Innovative Products at Utah’s Green Business Awards in Salt Lake City, Utah. The award recognizes companies, communities and individuals in Utah who are making strides in environmental sustainability.

Reflect Scientific received recognition for its refrigeration product, Cryometrix CB-40. The patented liquid nitrogen refrigeration serves as a platform technology, and is also used in Ultra Low Temperature Freezers in biotechnology and Server Room cooling systems in the computer industry.

The product replaces the polluting diesel units that are currently used in the trucking industry. With a potential US market of 350,000 refrigerated trucks, Cryometrix would prevent the emission of millions of pounds of pollutants.

While accepting the award, Mr. Boyce, CEO of Reflect Scientific Inc, commented, “It is a real honor to share the stage with such well known companies as Boeing, Marriott’s, L-3 Communications, Rio Tinto /Kennecott and Sundance Resort. Reflect Scientific is following in their exemplary environmental stewardship and is doing its part to reduce the environmental impact that fossil fuels create.”

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Pacific WebWorks, Inc. (PWEB.OB) Announces 210% Increase in Revenue

Friday, October 30th, 2009

Today, Pacific WebWorks, Inc. announced that it expects revenues of at least $28.5MM in 2009, representing an increase of 210% over the $9.2MM revenue in 2008. The estimation is consistent with an October 10th analyst report.

The market for application software, Pacific WebWork’s primary focus, is expected to grow at a healthy rate during the next five years. The small-to-medium-sized segment of this market is anticipated to grow at a higher pace driven by low penetration of these services and growing demand.

Ken Bell, Pacific WebWorks CEO, stated, “We expect substantially improved before tax net profit margins in the third quarter. Historically the company has maintained net profit margins in the 4-6% range. The company believes that it should be able to approach and maintain near double digit net margins going forward. Third quarter numbers should initiate this trend. We will release quarterly results in mid-November, and we plan to host a conference call to address questions.”

Pacific WebWorks provides affordable, easy-to-use software programs for small businesses that desire to create, manage, and maintain an effective Web strategy including full e-commerce capabilities. Pacific WebWorks operates a number of wholly owned subsidiaries including IntelliPay, TradeWorks Marketing and others. For more information, the October analyst report is available at www.grassrootsrd.com.

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Claimsnet.com, Inc. (CLAI.OB) Reports Third Quarter Loss

Friday, October 30th, 2009

Claimsnet.com reported revenues of $565,000 in its third quarter, up 7% on a year over year basis. The company’s net loss for the quarter was $69,000, or $0.00 per share. During the same quarter in 2008, the company lost $161,000 or $0.01 per share.

Claimsnet.com cut its selling, general and administrative expenses by $45,000 from the third quarter of 2008, and boosted its gross profit by $20,000.

Don Crosbie, the CEO of Claimsnet.com, said “these third quarter results were achieved in a relatively challenging economic environment where many companies are still delaying decisions or putting new contracts on hold.” Crosbie was optimistic about the last quarter of 2009 and 2010, citing the company’s pipeline and said “we do see the beginning of a positive change in the environment.”

Claimsnet.com provides services and software to the healthcare industry that allows the submission and processing of healthcare claims and other data over the Internet. Its target market is insurance companies, health maintenance organizations, and preferred provider organizations. Claimsnet.com is headquartered in Dallas, Texas.

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Omnicity Corp. (OMCY.OB) Issues Corporate Update to Investor Community

Thursday, October 29th, 2009

Omnicity Corp., the Midwest’s largest and fastest growing fixed Wireless Internet Service Provider, today updated the investment community with a formal corporate update summarizing the milestones achieved and the status of Omnicity’s aggressive fiscal 2010 growth plan through acquisitions and organic growth.

David Bradford, Chief Operating Officer of Omnicity, stated, “In the first 8 months, since completing our public listing, we proved our acquisition model works very well. We have completed five acquisitions and integrated them into Omnicity operations very smoothly. All these acquisitions were highly accretive, coming over with high operating margins, and some of them yielded high quality employees as well.”

Mr. Bradford continued, “We have a number of additional acquisitions in various stages of closure, with more to follow, and expect to close and integrate them with the same fine results. These acquisitions alone, combined with an aggressive set of sales and marketing campaigns, should put us well in excess of 11,000 subscribers and annualized running rate revenue of well over $5 million by the end of the next fiscal year.”

Omnicity’s plan of operations through its 2010 fiscal year includes:

* completing further debt and equity offerings of $5,000,000 and building
current ratio of 1.5:1 by December 31, 2009;
* completing several acquisitions to double subscribers to over
11,000 and doubling revenue to $1,300,000 per quarter;
* developing and expanding, through organic growth, the subscriber base
through its sales and marketing program;
* acquiring and transitioning into its operations assets of competing WISP
operators and expanding its network into all of Midwest USA;
* reaching operationally cash flow positive and building a liquidity floor
under operations of $100,000 minimum by December 31, 2009;
* continuing to partner with Rural Electric Membership Cooperatives
“REMCs”, local and State governments, Rural Telcos and Original
Equipment Manufacturers “OEMs” to efficiently and cost effectively
expand our network across rural America;
* developing and expanding service offerings to become a total
broadband solution; and
* completing a further staged equity offering of $10,000,000 by
July 31, 2010 followed by an application to list on a senior stock
exchange.

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Muscle Flex, Inc.’s (MFLI.PK) Impressive Run This Week

Thursday, October 29th, 2009

The stock of Muscle Flex Inc. has been on a tear this week. Today, the stock closed at $0.024 on solid volume in excess of 3.25 million shares. MFLI is up 41.18% today and 71% for the week. This emerging company has been highlighted many times recently by QualityStocks.

Muscle Flex is a leading edge fitness, health and lifestyle company that develops new brands and products to market using direct response TV advertising and commercials. The company recently announced the November launching of their first two of many upcoming product releases – The BUDDY Tablet Caddy and The Beagle StepFit.

The BUDDY Tablet Caddy is a pharmacist-approved tablet with a timer and alarm to help people take prescriptions, vitamins, etc. at the proper time and in the right dosages. The Beagle StepFit is a pedometer for walking and running with step and calorie counters, along with other features such as a body fat monitor. Ads for the new products will begin appearing on national cable and network broadcasts next month.

Muscle Flex is a featured company at QualityStocks, which is fast becoming the one-stop resource for investors interested in exciting, emerging companies. These types of up and coming micro-cap and small-cap companies don’t even appear on Wall Street’s radar screen. But QualityStocks, through their blog, newsletter and other services, keeps investors up-to-date on these sometimes hard-to-follow markets. If you are interested in Muscle Flex and would like to receive a free investor kit, please visit http://www.MFLI.QualityStocks.net.

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Tiens Biotech Group, Inc. (TBV) is “One to Watch”

Thursday, October 29th, 2009

Tiens Biotech Group, Inc. conducts most of its business through two of its subsidiaries: Tianjin Tianshi Biological Development Co., Ltd., and Tiens Yihai Co., Ltd. Founded in 1998, Tianjin Tianshi focuses on researching, developing, manufacturing and marketing supplements and personal care products. Tiens Yihai on the other hand focuses on the research and development, production and marketing of nutrition supplements products, home care and personal care products.

Tiens’ herbal products, vitamin and mineral supplements and personal care products are sold in China as well as approximately 90 other countries. The company has significantly increased its revenue and earnings over the years by capitalizing on worldwide consumer demand for nutritional and wellness products. Tiens has positioned itself for further growth through product line enhancements and additional channels of distribution.

As a result of its ongoing R&D efforts, Tiens has developed, manufactured and marketed more than 20 major products and launches 5-to-7 new products each year. Attracting world-class talent to develop its high-quality products, Tiens has built modern research laboratories with superior scientific equipment and provides competitive compensation packages for the research staff. In addition to developing its own products, the company also plans to utilize product acquisitions to expand its product portfolio.

For the past five years, revenues grew at an average of 42.3% a year, while net income grew at an average of 138%. This is well above the industry average of 12.2% annual growth in revenues and 8.4% decline in net income. Despite this rapid, relatively consistent growth, the company trades at much lower price ratios than can be expected. Currently trading at a P/E ratio of 8.24 and Price/Book Value Ratio of 1.89, Tiens’ stock is significantly undervalued when compared with the industry averages.

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Ness Technologies, Inc. (NSTC) is “One to Watch”

Thursday, October 29th, 2009

Ness Technologies, Inc. provides Information Technology (IT) business services and solutions to more than 500 clients in the commercial, industrial and government sectors. The company is known for its specialized expertise in software product engineering; system integration, application development and consulting; and software distribution. Ness Technologies delivers its services and solutions through offices located in 18 different countries with a work force of approximately 8,000 experienced professionals.

The company has formed strategic partnerships with many leading global software and infrastructure vendors to capitalize on a wide array of technologies and innovation. Ness Technologies continuously evaluates and pursues other potential partners to deliver the most effective and advanced solutions to its clients. By achieving the highest level of certification with many of its partners, the company has been able to leverage its early access to new product offerings to influence the development of new products and offerings.

In recent news, Ness Technologies was ranked 54th on the 2009 InformationWeek 500, which highlights the 500 most innovative users of business technology. The company was credited with utilizing its proven methodologies and innovative technologies to help customers in every part of the world while managing costs efficiently. Ness Technology believes its nimble responsiveness to be a key trait during the current economic downturn.

Currently, 2.14% of the shares outstanding are held by insiders and 76.70% are held by institutions. Two analysts believe the company is a “Strong Buy”, one believes it’s a “Buy” and one believes it’s a “Hold.” Next year analysts expect earnings per share of $0.62 compared to this year’s $0.43. Revenues are anticipated to total $638.05 million versus this year’s $595.44 million. Over the past five years, sales have increased at an average rate of 24.1% and net income growth has far outpaced the industry’s average at 62.7%.

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Skinny Nutritional Corp. (SKNY.OB) ‏is “One to Watch”

Thursday, October 29th, 2009

Headquartered in Bala Cynwyd, Pennsylvania, Skinny Nutritional Corp. engages in developing, distributing, and marketing nutritionally enhanced functional beverages, primarily in the United States, under the Skinny brand. They are the creator of Skinny Water®, a zero-calorie, zero-sugar, zero-sodium, and zero-preservative enhanced water. Skinny Nutritional Corp. trades on the OTCBB as part of the Food Wholesale industry.

In 2006, Michael Salaman and Don McDonald began envisioning a beverage for the 21st century. Their vision was for a unique product focusing on health, wellness, and meeting the needs of millions of calorie-conscious consumers. Skinny Water® was the result of their efforts. This is a flavorful, multi-functional, beverage packed with vitamins, electrolytes, and anti-oxidants. The Company uses natural flavors found in fruits and vegetables. They use a very small amount of Sucralose and Ace-K as their sweeteners. All Skinny Water® colors come naturally from several different fruit and vegetable sources.

Skinny Nutritional Corp. markets and distributes their products mainly to calorie and weight conscious consumers through retailers and distributors. They are expanding their retailer network across the United States. In addition, they sell their products via their online portal. They offer Skinny Water in six flavors, including acai grape blueberry, raspberry pomegranate, peach mango mandarin, passionfruit lemonade, goji fruit punch, and orange cranberry tangerine.

On October 21, 2009, Skinny Nutritional Corp. announced that they intend to add a line of sport beverages to their popular line of Skinny Waters®. They intend to launch their Skinny Water Sport™ beverage line in January 2010. They will have two flavors, Hydration™ (Blue-Raspberry) and Recovery™ (Kiwi Lime). Both will include electrolytes, potassium, magnesium, glucosamine and 100 percent RDI of Vitamin C. The Skinny Water Sport line will have natural colors and flavors, without the calories, sugar, sodium, and or preservatives.

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Emtec, Inc. (ETEC.OB) Subsidiary Achieves ISO 9001: 2008 Certification

Thursday, October 29th, 2009

Emtec Federal is a wholly-owned subsidiary of Emtec Inc., an information technology (IT) solutions provider. Emtec Federal announced today that its Springfield, New Jersey headquarters received ISO 9001: 2008 certification demonstrating its focus on quality management.

ISO 9000 is a family of standards for quality management systems, maintained by the International Organization for Standardization (ISO). The rules are continuously updated and were last changed on November 15, 2008, creating the current ISO 9001: 2008 standard. The ISO certification process ensures on-going compliance to standards of performance, and, once certified, companies are externally audited on a regular basis for continuous adherence to the standards.

Organizations that receive the ISO 9001: 2008 certification must offer a quality management system that demonstrates the ability to consistently provide products and services that meet customer and applicable statutory and regulatory requirements. In addition, these organizations must also enhance customer satisfaction through the effective application of the system, including processes for continual improvement of the system and conformity to customer and regulatory requirements.

Emtec federal has a strong past performance track record of delivering quality solutions and services to Federal agencies through its own General Services Administration (GSA) schedule (GS-35F-4564G) as well as through multiple contracts with other government agencies including: Department of Health and Human Services, National Institute of Health, Bureau of Prisons, NASA and the US Army.

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Electric Car Company Inc. (ELCR.OB) Signs Letter of Intent with Electric Performance Conversions LLC

Thursday, October 29th, 2009

Electric Car Company Inc. is a vehicle conversion company that specializes in electric conversions and manufacturing for the fleet and livery markets to help them go ‘green’. The company announced today that it has signed a letter of intent with Electric Vehicle Performance Conversions LLC (EVPC).

EVPC has the capability and expertise of converting just about any gasoline-powered vehicle into a fully functional, zero-emissions electric vehicle. At present, EVPC offers a line of electric vehicle (EV) exotic sports cars, beginning at a 100% Electric Porsche Boxster all the way up to a full electric Rolls Royce Phantom.

Electric Vehicle Performance Conversions will provide complete turnkey, electric power conversions exclusively to Electric Car Company for the company’s line of livery and fleet vehicles to include “specialty buses” for the commuter, transit and limousine and sightseeing transportation industries. The exclusive relationship being given to Electric Car Company by EVPC means that the company’s vision of a greener, more environmentally friendly fleet and livery industry is closer to becoming a reality.

Electric Car Company CEO was pleased with the deal. He said, “We have been speaking with several electric conversion companies and we believe that EVPC has the solution and price points for our needs. It’s hard not to imagine a future that has the entire fleet industry going green.”

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L & L International Holdings Inc. (LLFH.OB) Completes $8.18M Coal Washing, Coking Facility Acquisition

Thursday, October 29th, 2009

L & L International Holdings Inc. is a U.S.-based company operating coal businesses in China. The company today announced an agreement with Hon Shen Coal Company in China, in which L&L will acquire a 93 percent stake in Hon Shen’s coking facilities, as well as a 28 percent interest in Hon Shen’s coal washing facilities.

The coal washing facilities have aggregate coal washing capacity of 300,000 tons, 210,000 tons from the coal washing plant and an existing 90,000-ton plant. Hon Shen’s coking facilities have a combined annual production capacity of 150,000 tons.

L&L expects these facilities to add roughly $18 million in additional revenue to its books within one year, using $150 per ton of coking coal as a basis.

Dickson Lee, chairman and CEO of L&L, said the acquisition of Hon Shen’s facilities supports L&L’s expansion efforts to meet its end-point of efficiently serving the energy demand in China.

“These latest acquisitions are a continuance of our planned expansions for fiscal year 2010. We are excited to expand our relationship with Hon Shen as we work to improve production, operational efficiency, and environmental and safety standards at the Hon Shen facilities. The planned acquisitions will further our goal of becoming a vertically integrated energy company serving China’s high demand for energy and coal,” Lee stated in the press release.

The purchases come with an $8.18 million price tag that L&L will pay with a combination of cash and shares of the Company’s common stock. The company said the acquisition was complete October 23, 2009.

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