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FridayAug 14, 2009 10:36 am

Direct Insite Corp. (DIRI.OB) Announces Record Revenues for the Second Quarter of 2009

Direct Insite Corp. is a global provider of financial supply chain automation across procure-to-pay and order-to-cash business processes. The company's global eInvoice management services automate complex manual business processes such as invoice validation, order matching, consolidation, dispute handling, and e-payment processing. Direct Insite has announced financial results for the three months ended June 30, 2009. Revenue for that period was a record $2,880,000, a 22% increase over the same period last year. Operating income for the three months ended June 30, 2009 was $786,000. This is a sizable increase from last year's operating income in the same period of $390,000.…

FridayAug 14, 2009 10:32 am

Consorteum Holdings, Inc. (CSRH.OB) Focused on Leading the Consumer Financial Services Market

One of Consorteum Holdings’ main goals is to provide superior, viable financial options for the grossly underserved segment of the population, mainly, the underserved and underbanked. By aiding this clientele, the company aims to become a prominent leader in the Consumer Financial Services (CFS) market. The unbanked/underbanked population includes individuals who receive government benefits, payroll cheques, and other types of payments, but currently have minimal or no banking relationship. Two-thirds of CFSC’s customers, the underbanked, are those who already have bank accounts, but typically seek more convenient financial services. The remaining customers (the ‘unbanked’) are those who have been ignored…

FridayAug 14, 2009 10:26 am

Interact Public Safety Systems Announces Acquisition of Law Enforcement Assets

InterAct Public Safety Systems, a leading provider of safety and security software for government and private enterprises, announced its acquisition of all BIO-key International’s Law Enforcement Division assets, including the MobileCop®, PocketCop®, MobileRescue™, MobileOffice™, and InfoServer™ product lines. This transaction positions InterAct as the world’s largest public safety software company, with more than 2,000 customers across three continents. As previously reported, BIO-key’s Law Enforcement Division recently entered a partnership with Nlets, the premiere interstate justice and public safety network in the nation for the exchange of law enforcement, criminal justice, and public safety-related information. CEO of Interact Andrew J. Filipowski…

FridayAug 14, 2009 9:16 am

Beacon Equity Research Featured Company: Comsys IT Partners, Inc. (CITP)

Comsys IT Partners, Inc. is an information technology (IT) services company that provides IT staffing and project implementation services in the United States. They deliver the people, processes, infrastructure and technologies that companies need to effectively align IT with business objectives. Services such as Website development and integration; application programming and development; systems software architecture and design, to name a few, are provided by Comsys. For project services, they provide project managers, project teams, application maintenance, and application testing practice areas. Comsys serves companies in various markets, including financial services, telecommunications, manufacturing, information technology, pharmaceutical, biotechnology, transportation, and healthcare, as…

FridayAug 14, 2009 9:12 am

Beacon Equity Research Featured Company: Perma-Fix Environmental Services Inc. (PESI)

Perma-Fix Environmental Services Inc. is one of the top nuclear waste management services providers in the U.S, with the expanded capabilities to clean nuclear waste. The company operates through three segments: Nuclear Waste Management Services (Nuclear Segment), Consulting Engineering Services (Engineering Segment), and Industrial Waste Management Services (Industrial Segment). Through the Nuclear Segment, they provide nuclear waste management services, such as treatment, storage, processing, and disposal of low-level radioactive and hazardous waste. The Engineering Segment offers consulting engineering services, which includes consulting services regarding air, water, and hazardous waste permitting; air, soil, and water sampling; to name a few. Through…

FridayAug 14, 2009 9:05 am

Beacon Equity Research Featured Company: Quality Systems Inc. (QSII)

Quality Systems Inc. is one of the top healthcare software vendors in the U.S. They engage in the development and marketing of healthcare information systems in the United States. The company also provides revenue cycle management services, as well as hardware and software installation, maintenance and support services, system training, and electronic data interchange services. The ever increasing demand for healthcare worldwide has resulted in tremendous growth in the market for healthcare products and services. Quality Systems, Inc. stands ready with its team of highly trained professionals to meet the demands of this market. Let us hear your thoughts: Quality…

FridayAug 14, 2009 8:53 am

BioPharm Asia, Inc. (DOMR.OB) Announces Substantial Growth in Revenues and Income

BioPharm Asia, Inc., a major retailer and wholesale distributor of medical products in China, today announced its financial results for the second quarter and six months ended June 30, 2009. For the second quarter, revenues were $19.9 million, up 22.0% from the $16.3 million generated during the second quarter of 2008. For the six months ended June 30, 2009, revenues totaled $42.6 million, up 27.5% from the prior year, largely due to an increase in wholesale revenues. Gross profit for the quarter was $5.9 million, up 12.6% from the comparable period last year. For the first six months, gross profits…

FridayAug 14, 2009 8:24 am

Sino Green Land Corp. (SGLA.OB) Announces $1 Million Private Placement

Today, Sino Green Land Corp. announced that it completed a private placement with a group of institutional investors, led by T Squared Investments LLC ("T Squared Partners"), in the upfront amount of $1 million. The private placement also includes investment rights and warrants to invest an additional $4.9 million into the company for growth capital purposes. Mr. Anson Fong, Chairman of Sino Green Land, commented, "Since founding the company in 2003, we have experienced exceptional growth due to our highly scalable business model. In the last year alone, we achieved sales growth of over 70%, with revenue of $73.6 million…

FridayAug 14, 2009 7:51 am

Axial Vector Energy Corp. (AXVC.PK) Leading the Way towards Energy Effeciency

Axial Vector Energy Corp. has a lock on technologies that feed into two of the most important fields today: increased engine efficiency for power generation and vehicles, and increased purification efficiency for the processing of oil. Both areas are driven by growing demand for environmental protection, and stand to gain from worldwide governmental support. Axial develops and licenses advanced internal combustion engines and power generator technologies, in addition to supporting a patented sonic energy and oxidation process for the more cost effective removal of sulfur and nitrogen compounds from oil. The company’s prototype GENSET power generation product is designed to…

FridayAug 14, 2009 7:15 am

Horsehead Holding Corp. (ZINC) Reopens Shuttered Facility

Horsehead Holding Corp. announced that it is resuming operations at one of its Zinc recycling facilities due to an increase in demand. Jim Hensler, the CEO of Horsehead Holding Corp., said “We remain hopeful that the economy will continue to strengthen as we head towards the 4(th) quarter of 2009." The facility is located in Rockwood, Tennessee, and was closed earlier due to the recession. Horsehead Holding Corp plans on starting one of two kilns by mid September 2009. In July 2009, the company restarted a zinc smelter located in Monaca, PA, due also to increased demand. The facility processes…

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