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ThursdayMay 12, 2011 9:38 am

Top Image Systems Ltd. (TISA) Posts 9th Straight Quarter of Operations Profitability

Revenues for the first quarter of 2011 were $7.2 million, up 36 percent compared to $5.3 million for the first quarter of 2010. Product revenues were $4.2 million as compared to $2.4 million reported in the same period of 2010. Service revenues were $3.0 million as compared to $2.9 million for the first quarter of 2010. Adjusted EBITDA for the first quarter of 2011 was $1.16 million, compared to $0.36 million in the first quarter of 2010. Net income increased 167% to $0.74 million, or $(0.07) per diluted share, for the first quarter of 2011 compared to a net loss…

WednesdayMay 11, 2011 3:29 pm

Conmed Healthcare Management Inc. (CONM) Sets New Earnings, Profit Records for Q1

Conmed Healthcare Management Inc., a Vancouver-based company focused on acquisition, exploration and development of mineral properties in the People’s Republic of China, today announced financial results for the first quarter of 2011, posting a solid performance to finish off the period ended March 31, 2011. “During the first quarter of 2011, Conmed again set new records for revenue and operating profit. We continued to generate cash and maintained a solid, debt-free balance sheet,” Richard Turner, chairman and CEO of Conmed stated in the press release. “Our continued growth and success stem from our commitment to excellence in the delivery of…

WednesdayMay 11, 2011 2:33 pm

Lihua International Inc. (LIWA) Posts Record Profit, up 117% for Q1

Lihua International Inc., a leading Chinese developer, designer and manufacturer of low-cost, high-quality alternatives to pure copper products, yesterday announced financial results for the first quarter ended March 31, 2011. Sales for the first quarter of 2011 increased 117 percent to $136.9 million compared with sales of $63.2 million in the first quarter of 2010. Gross profit for the first quarter of 2011 was $16.9 million, up 43 percent from gross profit of $11.8 million for the first quarter of 2010. Gross margin decreased to 12.3 percent in the first quarter of 2011 from 18.7 percent for the same period…

WednesdayMay 11, 2011 2:32 pm

Infrastructure Developments Corp. (IDVC) ‏is “One to Watch”

‏Headquartered in Salt Lake City, Utah, Infrastructure Developments Corp. is a project management and engineering firm. The Company's primary operations are conducted through subsidiary Intelspec International, Inc. in the Middle East, Africa, Asia, and Oceania. Infrastructure Developments’ mission is to bring world-class execution to the international construction and project management industry. The Company's Intelspec subsidiary fills an underserved niche in the global project spectrum. They focus on specialized projects and subcontracts that are too small to attract the attention of the giant multinational firms but which still require world-class engineering expertise. Intelspec owns Intelspec International LLC. They are a Thai…

WednesdayMay 11, 2011 2:00 pm

Pro-Dex, Inc. (PDEX) Releases Financial Results for Fiscal Third Quarter and Nine Months

Pro-Dex, Inc., a company that engages in the development and manufacturing of technology based solutions that include miniature rotary drive systems, motion control, and fractional horsepower DC motors, has released its financial results for the fiscal third quarter and nine months, which ended March 31, 2011. Sales for the third quarter, which ended March 31, 2011, were $7.6 million, a 24% increase from the $6.2 million generated in the same quarter in 2010. For the nine months that ended March 31, 2011, reported sales were $19.6 million, a 12% increase from sales of $17.5 million in the same quarter last…

WednesdayMay 11, 2011 1:15 pm

American Petro-Hunter, Inc. (AAPH) Puts Two New Wells on Pump in Oklahoma, Robust Production Anticipated

American Petro-Hunter, the aggressive exploration and production company focused on domestic drilling, reported that two of the newest wells within the Company’s North Oklahoma Project were successfully put on the pump. This is very good news for AAPH, which has the goal of becoming a 1k BOE producer within a year’s time, as this new development adds substantial weight and momentum to the Company’s existing production portfolio, which also includes the producing Poston Project in Kansas. American Petro-Hunter is always on the hunt for domestic energy resources and has brought the North Oklahoma Project rapidly up to speed, adding a…

WednesdayMay 11, 2011 12:35 pm

Simulated Environment Concepts, Inc. (SMEV) Releases COO Interview

Allen Licht, the Chief Operating Officer of Simulated Environment Concepts, recently sat down for an interview with OTC Voice. SE Concepts is the maker of SpaCapsule, an all-in-one water massage and sensory stimulation system. The interview touched on some of the current and new markets in which SpaCapsule is finding acceptance, and the direction the company is now headed. The first thing made clear in the interview is the growing breadth of the SpaCapsule market. Although the name suggests a spa orientation, SpaCapsule is being embraced by many diverse industries. Spas, to be sure, have been a successful market for…

WednesdayMay 11, 2011 12:24 pm

JBI, Inc. (JBII) is “One to Watch”

Headquartered in Thorold, Ontario, JBI, Inc. is a domestic alternative oil and gas company. The company developed a process that converts waste plastic into fuel (Plastic2Oil), without the need for further refinement. They scaled a 1kg process to a 20MT commercial processor in less than one year. JBI, Inc. was founded out of the innovation of the Company's founder, Mr. John Bordynuik. His data recovery and restoration process has provided the Company access to valuable engineering discoveries dating back to the 1950's. Applying this process to his personal data library, Mr. Bordynuik first recovered and then modified the formula for…

WednesdayMay 11, 2011 12:05 pm

China Net Online Inc. (CNET) Promotes Services at Asia’s Leading Franchise Exhibition in Beijing

China Net Online Holdings Inc., a leading full-service B2B media development and IT company for small and medium-sized enterprises (SMEs) in the People's Republic of China, last weekend participated in the 13th Annual China Franchise, Asia's largest and most influential franchise exhibition, in Beijing. The exhibition resulted in a string of sales meetings, which generated 12 new clients for ChinaNet’s integrated advertising and marketing services platform. "The China Franchise Expo was extremely successful for ChinaNet and events like this enable us to accomplish a lot in a short period of time. Signing new clients, building a pipeline of prospects and…

WednesdayMay 11, 2011 10:53 am

National Automation Systems, Inc. (NASV) CEO Believes Japan’s Nuclear Crisis was Potentially Avoidable with Automated Solutions

Robert Chance, CEO of National Automation Services, stated that with extensive automation resources and the proper planning, the nuclear meltdown and crisis may have been averted at the facilities in Japan and is preventable at other locations worldwide. With aspirations of becoming one of the largest dedicated public automation companies, National Automation is already servicing green technologies such as solar power plants and waste water treatment facilities. The company’s expansion strategy involves acquiring smaller regional automation companies in order to greatly increase its overall capabilities to bring critical technology to the groups and companies where it is needed the most.…

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