January 2010 - Page 18 of 26

TuesdayJan 12, 2010 10:27 am

Ready or Not, You’re Retired!

It has become commonplace for people to retire at a younger age than they originally planned. In 2009, a whopping 47% of retirees left the workforce earlier than they expected. It would be great if most of these people were retiring early because they had plenty of money and no longer needed to work, but this simply isn’t the case. Ninety percent gave negative reasons for retiring early, citing such causes as health problems, company downsizing and/or closure, outdated skills, and the need to care for a family member. The news here is not that planning to retire at a…

TuesdayJan 12, 2010 10:12 am

Ecosphere Technologies, Inc. (ESPH.OB) Issues Shareholder Letter; Reports Record Operating Revenue for Q4 2009

Ecosphere Technologies, Inc., a diversified water engineering and environmental services company, earlier today released a shareholder update and announced record fourth quarter revenue. The letter in its entirety is presented below. To our shareholders, I'd like to take this opportunity to thank all of our shareholders and the investment community for your support this past year. We are very pleased with the milestones that were achieved in 2009 and we strongly believe that 2010 will be a great year for the Company and our investors. We will continue to expand our "Total Frac Water Management" services in the natural gas…

TuesdayJan 12, 2010 9:59 am

Jack Henry & Associates, Inc. (JKHY) Chosen by Peoples State Bank to Provide Enterprise-Wide Automation

Jack Henry & Associates, Inc., a leading provider of integrated technology solutions and data processing services for financial institutions, announced this morning that Wausau, Wisconsin-based Peoples State Bank has selected Jack Henry Banking's SilverLake core processing system to provide enterprise-wide automation. Peter Knitt, president and CEO of Peoples State Bank, stated, "We consider technology as one of the key components of our bank's ability to meet our business goals and provide an exceptional customer experience. After thoroughly evaluating our current in-house system, we began investigating the leading technology providers and platforms to enhance our capabilities. We narrowed our search to…

TuesdayJan 12, 2010 9:00 am

Fidelis Energy Inc. (FDEI.PK) Signs $25 Million Agreement for Solar Energy Project

Fidelis Energy Inc. announced yesterday that it has entered into a $25 million agreement with Esar Solar Power Pvt. Ltd. to develop and construct the first of several solar energy projects located in the Thar Desert near Jaisalmer, India. With sun exposure for 330 days of the year, and up to 6.2KW/hour of solar energy per square meter every day, the region has the potential to become the world’s biggest solar powerhouse. Fidelis Energy will provide the technology, engineering and construction services needed to create the PV Project. ESP has signed a 10-year power purchase and sale agreement with the…

TuesdayJan 12, 2010 8:57 am

McMoRan Exploration Co. (MMR) Reports Large Discovery in Shallow Gulf of Mexico

McMoRan Exploration Co. reported an oil and gas discovery on the Davy Jones prospect located in the shallow waters of the Gulf of Mexico on South Marsh Island Block 230. The company is one of the largest acreage holders in the Gulf of Mexico with one million gross acres under lease. The well was drilled to a total depth of approximately 28,200 feet and hit total net pay of 135 feet in four zones of the Wilcox formation. The formation is from the Eocene and Paleocene eras. James R. Moffett, the CEO of McMoRan Exploration Co., said, “Davy Jones log…

TuesdayJan 12, 2010 8:56 am

Response Biomedical Corp. (RPBIF.OB) Announces Preliminary Year-End 2009 Results

Response Biomedical Corp., a leading developer, manufacturer and marketer of rapid on-site diagnostic tests, recently announced the company’s preliminary year-end 2009 financial results. The company expects to report annual revenues of roughly $10 million for 2009, compared to $5.87 million in 2008. On March 25, 2009, the company will host a conference call and announce complete fourth quarter and year-end financial results. Response Biomedical’s proprietary technology is the RAMP® Platform that is utilized for clinical and environmental applications. The company’s RAMP® system consists of a reader and single-use disposable test cartridges that can be adapted to over 250 medical and…

TuesdayJan 12, 2010 8:39 am

Newport Digital Technologies, Inc. (NPDT.OB) Builds Unique Position with Key Partners

Newport Digital Technologies Inc. has staked out what can only be called a uniquely promising position in the rapidly growing field of wireless technology. First, they have identified one of the key technologies (wireless broadband networking), and associated sub-technologies, that are expected to be major economic drivers in the 21st century. Second, they have managed to position themselves directly between the marketplace and key developers of those technologies. The company has established a synergistic and exclusive partnership with Taiwan’s premier technology incubators, the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI). Together, these R&D centers represent…

MondayJan 11, 2010 5:24 pm

Signature Exploration & Production Corp. (SXLP.OB) Up 47.12% to New 52-Week High After Coverage by QualityStocks Newsletter

Signature Exploration and Production Corp. gushed to a new 52-week high today. The stock traded as high as $1.95 a share earlier today and closed today’s trading at $1.53, up $0.49 or 47.12%. The company was highlighted in the QualityStocks Newsletter very recently – January 6, 2010 – at a price of $0.75. The stock has more than doubled in just three trading days! Signature Exploration & Production is an independent energy firm involved with on-shore oil and gas properties in conventional producing areas along the Gulf coast of Texas. The company today provided some details about its Koliba Prospect.…

MondayJan 11, 2010 5:04 pm

Budget Center, Inc. (BDGN.PK) Launches New Travel Website and Signs Agreement with HotelsCombined.com

Today after the closing bell, Budget Center Inc. announced that the company’s travel website www.budgethotels.com signed a formal “white paper affiliate” agreement with Hotels Combined Pty Ltd. of Sydney, Australia. Accordingly, Budget Center launched the new online travel website on Dec. 27, 2009 in partnership with the industry giant. The travel website now has the ability to connect users with more than 900,000 global hotel deals from over 30 merchants, delivering the “Budget” brand to thousands of customers worldwide. Travelers from all over the world will now be able to find the best travel deals delivered in 14 languages and…

MondayJan 11, 2010 4:08 pm

Hi Score Corp. (HSCO.PK) is “One to Watch”

Hi Score Corporation is a leading supplier of eco-friendly lighting products in the Western Hemisphere. The Company offers their customers safe, efficient, solid-state “green” lighting as an alternative to conventional fluorescent and incandescent bulbs. Hi Score Corporation sells their products directly to consumers and businesses as well as to municipalities. Hi Score Corporation offers a broad selection of high quality, long lasting LED lighting products. These can replace existing incandescent, fluorescent, and halogen bulbs as well as compact fluorescent lights. On January 4, 2010, Hi Score Corporation and their wholly owned subsidiary Green LED Technology Inc. announced that they retained…

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Month: January 2010