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WednesdayMay 05, 2010 7:41 am

eDoorways Corp. (EDWY.PK) Signs First PowerKey Channel Deal

eDoorways Corp. announced today that CorkSport has agreed to become the first to subscribe to the company's new PowerKey Channel service offering. CorkSport will use the PowerKey Channel functionality as a new outreach mechanism for their global customer base -- currently at approximately 22,000 subscribers and growing rapidly. This deal will lead to increased traffic and the initial revenue eDoorways desires. Gary Kimmons, Chairman and CEO of eDoorways Corporation, stated, "CorkSport is a great way for us to prove the value of the PowerKeys and our PowerKey Channel model. First off, the revenue potential of this deal is very impressive.…

WednesdayMay 05, 2010 7:26 am

NetSol Technologies, Inc. (NTWK) Upcoming Conference Call to Discuss Q3 FY 2010 Financial Results

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, announced this morning that management will hold a conference call next week on Wednesday at 11:00 a.m. EDT (8:00 a.m. Pacific) to discuss its financial results for the third quarter fiscal year 2010. The Company anticipates filing its third quarter 2010 financial results on the same day following the closing bell. To join the call, please dial (877) 941-1429, or (480) 629-9666 for international calls, approximately 10 minutes prior to the scheduled start time. Parties will also be able to listen via a live Internet webcast, which…

TuesdayMay 04, 2010 3:38 pm

Simulated Environment Concepts, Inc. (SMEV.PK) SpaCapsule, a Paragon of Technical Innovation Nurtured into Existence by Visionary Doctors and Engineers

Simulated Environment Concepts, Inc. was founded by Dr. Ella Frenkel and Dr. Ilya Spivak, who jointly designed and engineered the Company’s flagship product, the SpaCapsule®, in order to satisfy the demands introduced by today’s increasingly hectic lifestyles, which produce an acute need for precisely this kind of sleek, express relaxation system which takes advantage of advancements in automation and computerization and conforms to maturing attitudes towards esthetics and the state of technology. The beauty, intuitive usability, and elegance of design crafted into the SpaCapsule belies its performance capabilities, which offer unheard of on-demand relaxation via the fusion of the very…

TuesdayMay 04, 2010 3:29 pm

Kentucky First Federal Bancorp (KFFB) Reports Net Income for First Quarter of 2010

Kentucky First Federal Bancorp reported net income of $302,000, or $0.04 per diluted share, in the first quarter of 2010, ending 3/31/2010. The company earned $351,000, or $0.05 per diluted share, in the same quarter in 2009. Kentucky First Federal Bancorp said that the lower net income was due mainly to higher non-interest expenses and loan loss provisions. The higher non-interest expenses included increased legal fees, compensation expense and insurance premiums assessed by the Federal Deposit Insurance Corporation (FDIC) for the bank insurance fund. The provision for loan losses totaled $71,000 for the first quarter of 2010, compared to no…

TuesdayMay 04, 2010 3:03 pm

Lux Energy Corp. (LUXE.OB) Updates Northwest Summit Prospect

Lux Energy Corp. said that it is completing the final title work and determining the best locations to drill on its oil and gas properties in Mississippi. The acreage is in an area that the company calls the Northwest Summit Prospect, and is prospective for the Lower Tuscaloosa trend. Lux Energy Corp. said that the Northwest Summit Prospect is near existing oil and gas fields in the area, including Little Creek, Mallalieu and Brookhaven, which contained oil reserves of 64.3 million, 42.4 million and 59.1 million barrels, respectively. Lux Energy Corp. said that it has a minimum of 6 well…

TuesdayMay 04, 2010 2:57 pm

Newport Digital Technologies Inc. (NPDT.OB) Leverages InfoComm International Influence within the Technology Markets

InfoComm International is a global trade association focused on the rapidly evolving multimillion dollar audio and video (AV) industry. InfoComm provides information about technologies, trends and training within the AV industry. The organization provides special events, including an annual tradeshow to encourage and promote networking and advancements in the industry. InfoComm’s conferences house more than 900 exhibitors to showcase the latest technologies and products in the AV industry. The conference attracts more than 32,000 professionals from more than 90 countries to convene and discuss, network and learn about pro-AV solutions through expert-led sessions, labs, exhibits and workshops. InfoComm 2010 (June…

TuesdayMay 04, 2010 2:14 pm

Beyond Commerce, Inc. (BYOC.OB) Inks Deal to Acquire AdJuice Inc. and Capitalize on New Opportunities

Beyond Commerce Inc., a media and e-commerce solution for high traffic Web sites, has signed an agreement to acquire online advertising network AdJuice Inc. (www.adjuice.com). AdJuice is backed by more than $7 million invested in developing its proprietary technology, and the company has secured more than 22 million registered users, 700 affiliates and 350 retail clients spanning six major industries. Utilizing AdJuice’s network, Beyond Commerce CEO Robert McNulty said the company is taking advantage of the chance to restructure and venture into other markets. "To capitalize on this vast opportunity, Beyond Commerce has repositioned itself into a media company and…

TuesdayMay 04, 2010 12:33 pm

Nortel Networks Corp. (NRTLQ.PK) to Demonstrate New Solutions for Cable Operators at Upcoming 2010 Cable Show in LA

Nortel’s Carrier VoIP and Application Solutions (CVAS) will present the same innovative cable solutions, which have made Nortel CVAS the “Carrier VoIP king” for 8 years running, at booth #711, May 11-13, at the 2010 Cable Show to be hosted by the National Cable & Telecommunication Association (NCTA) at the LA Convention Center, CA. As the #1 provider the world over of Carrier VoIP and Softswitch solutions since 02, Nortel CVAS has been chosen by 80% of the top 20 carriers listed by International Data Corporation (IDC), and shipped over 123M Carrier VoIP and Multimedia ports – of which 11M…

TuesdayMay 04, 2010 12:12 pm

“Government Sting Operation” Leaving CMKM Diamonds Shareholders Tired of Waiting for Reimbursement

Today we have spent hours reading on the whole CMKM Diamonds debacle and the government’s involvement in what they have termed a “sting” to actively pursue people and corporations involved in naked short selling and the illegal activities that are often part of the penny stock market world. We are still dumbfounded that this wasn’t all over the press for the world to know. Granted there are a lot of lawsuits filed every day, but it seems that one of this magnitude, a $3.87 trillion lawsuit against U.S. Securities and Exchange Commission Chairman Mary L. Shapiro, as well as several…

TuesdayMay 04, 2010 12:04 pm

Environmental Tectonics Corp. (ETCC.OB) Lands Simulator Contract

Environmental Tectonics Corp., a leader in training and simulation systems, today announced receipt of a contract to provide their Advanced Disaster Management Simulator (ADMS) to the El Paso International Airport. The El Paso Fire Department answers approximately 63,000 calls annually for the growing city of El Paso, Texas, the 22nd largest city in the U.S. The department is also responsible for airport fire protection involving passenger and commercial air travel as well as industrial and cargo activity. This covers aircraft firefighting and rescue, and essentially any disaster related to the 7,000 acre airport, in addition to their responsibilities for the…

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