ThursdayMar 10, 2011 8:15 am

Descartes Systems Group (DSGX) Posts Strong Performance for Fiscal Q4FY 2011 and FY 2011

Descartes Systems Group, a premier provider of global trade compliance, supply chain execution and mobile resource management services, reported solid fourth-quarter and full-year results for fiscal 2011. "This quarter's and year's financial results were ahead of our internal plans. Our operating performance per diluted share grew more than planned, with a higher ending cash position than originally anticipated. Our strong performance and balance sheet position us well for continued operational excellence and consolidation opportunities," Stephanie Ratza, CFO of Descartes stated in the press release. Revenues were reported at $26.9 million, up 42 percent from $18.9 million reported in the fourth…

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ThursdayMar 10, 2011 8:13 am

Q4 Earnings Review; IncrediMail (MAIL) Posts Record Quarterly Revenues

IncrediMail Ltd., a digital media company that builds downloadable consumer products, yesterday reported record fourth-quarter results, as well as record 2010 revenue. Revenues in 2010 were a record $29.5 million, increasing 8.5 percent, over revenues reported in 2009; adjusted EBITDA in 2010 was $13.4 million, compared to $12.9 million in 2009, reflecting 46 percent of revenues; net income for 2010 was $8.4 million, or $0.85 per diluted share; and cash flow from operations in 2010 was $9.8 million. Josef Mandelbaum, IncrediMail's CEO, said the company’s deal with Google in the second half of 2010, as well as several other achievements,…

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ThursdayMar 10, 2011 8:12 am

Comverge Inc. (COMV) Posts Q4 Results, Recognizes Significant Achievements

Comverge Inc., the leading provider of Intelligent Energy Management (IEM) solutions, yesterday announced fourth quarter and full year 2010 financial and operating results, highlighting record annual revenues, increased megawatts and new contracts. Fourth-quarter revenues for 2010 decreased 9 percent to $37.2 million compared to $40.8 million in the fourth quarter of 2009. Full-year revenues were $119.4 million in 2010 compared to $98.8 million in 2009, reflecting a 21 percent increase. Gross margin for the fourth quarter of 2010 was 50 percent compared to 33 percent in the fourth quarter of 2009, reflecting improved margins in the company’s VPC contracts. Gross…

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ThursdayMar 10, 2011 7:53 am

Energtek Inc. (EGTK.PK) Reports 5 Billion Cubic Feet of Prospective Gas Resources

Energtek Inc. announced that it has completed an evaluation of gas reservoirs in the licensed block in Southern Israel. The evaluation was performed following the successful production test, as reported in December 2010, of the NirAm Gas1 well. Based on the seismic and geophysics data as well as a detailed analysis of the production test's results, the geological team estimated that the recoverable gas resources (contingent resources) of the reservoir at which the NirAm Gas1 was drilled amount to 1.7 BCF (Billion Cubic Feet). Furthermore, the geological team identified three similar natural gas reservoirs in the Nir-Am block. According to…

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WednesdayMar 09, 2011 3:34 pm

Global Health Ventures (GHLV.OB) Takes Viagra Head On

Whether it is comfortable “table talk” or not, there are certain aspects of biotechnology stocks, such as anal fissures or sexually transmitted diseases, that produce incredible amounts of revenue each year for the companies behind therapies that treat the given ailment. Erectile dysfunction may not be the most pleasant of conversations for many people, but the bottom line is that Pfizer has generated a great deal of cash since bringing Viagara to market and that reason alone is enough to catch the attention of the investment community. Vancouver, British Columbia-based Global Health, Inc., a specialty pharmaceutical company with expertise in…

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WednesdayMar 09, 2011 3:22 pm

The True 2 Beauty, Inc. (TRTB) Strategy

One of the best ways to understand the strategy and long term direction of any company is to evaluate its history and the history of the people who are responsible for that long term direction. In the case of True 2 Beauty, the key factor is the company’s founder and CEO, Alex Hbaiu. Hbaiu was a biochemist working with Eli Lily, the 11th largest pharmaceutical company in the world ranked by revenue. It was there that he began to perceive a growing demand in the marketplace for sexual enhancement products that were made from 100% natural ingredients, safe to use…

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WednesdayMar 09, 2011 10:58 am

Avalon Oil & Gas, Inc. (AOGN) Updates Oil and Gas Activity in Oklahoma

Avalon Oil & Gas, Inc. issued an oil and gas operations update on its properties in the United States, where the company is active in Oklahoma and several other onshore areas. Avalon Oil & Gas, Inc. is developing leasehold in the East Chandler Field, located in Lincoln County, Oklahoma. The company reported that the Grace #2 and the Grace #5A wells have been placed back onto production. The Grace #2 well has been producing since August 2010 and the Grace #5A well since January 2011. Avalon Oil & Gas, Inc. has a working interest of 76.8% and a net revenue…

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WednesdayMar 09, 2011 10:57 am

CareView Communications Inc. (CRVW.OB) Announces Agreement with Health Management Associates

CareView Communications Inc. is an information technology provider to the healthcare industry. The company has created a proprietary high-speed data network system that can be deployed throughout a healthcare facility using the existing cable television infrastructure. The network supports CareView's software applications designed to streamline work flow and improve services. The company announced today the execution of an agreement with Health Management Associates Inc. Under the agreement, Health Management engaged CareView to provide its CareView System in its patient rooms throughout its hospitals. Health Management owns or operates 59 hospitals in fifteen states with approximately 8,900 licensed beds. The CareView…

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WednesdayMar 09, 2011 10:47 am

Viking Systems, Inc. (VKNG.OB) 3DHD Visualization System Selected for Soon to be Demonstrated Alternative Surgical Robotic System

Viking Systems, www.vikingsystems.com – the leading developer of 3D and 2D visualization systems designed to radically improve patient trauma rates and recovery times by facilitating complex minimally invasive surgery, reported selection today of the Company’s 3DHD system for the vision component in a new surgical robotic system to be demonstrated at the upcoming (Mar. 18-22) European Association of Urology (EAU) Annual Meeting in Vienna. This alternative surgical robotic system is designed to be cost-effective while incorporating many of today’s most innovative technologies, like the ETHOS Ergonomic Surgical Platform™ (Ethos Surgical) and Kymerax Articulating Surgical instruments (Terumo Corp.), in addition to…

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