TuesdayNov 03, 2009 11:51 am

infoGROUP (IUSA) Posts Encouraging Third Quarter Figures

infoGROUP, a marketing solutions provider which utilizes data-driven solutions to help companies leverage information, issued an unaudited report Nov. 2 on its third quarter 2009 (ending Sept. 30, 2009) earnings. Showing high marks for revenue, net income and continued reduction of debt, the report was reviewed in an infoGROUP hosted conference call available at its corporate website. Among the details of the glowing report is a marked debt reduction of $6.3 million, which infoGROUP’s CEO Bill Fairfield said demonstrated his Company’s effort to “generate profitable revenue growth during these tough economic times, reduce our debt quarter over quarter and reinvest…

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TuesdayNov 03, 2009 11:48 am

Clenergen Corp. (CRGE.OB) Aiming For Over 80 Megawatts of Power in India

Clenergen Corp., biomass power developer, recently announced that it has entered into a 15-year power purchase agreement with PTC India Ltd. The agreement is through Clenergen’s wholly owned subsidiary, Clenergen India. PTC India, a public-private partnership company, is the leading provider of power trading solutions in India, and is focused on developing a commercially vibrant power market in the country. Clenergen currently has plantations in the Tuticorin and Tirunelveli districts in southern India, totaling 4,000 acres, of which 1,200 acres are earmarked for cultivation of bamboo and 2,800 acres for paulownia, two carefully researched and chosen biomass crops. The company…

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TuesdayNov 03, 2009 11:46 am

Biopack Environmental Solutions (BPAC.OB) Announces its First Distributor in Canada

Hong Kong-based Biopack Environmental Solutions manufactures 100% biodegradable consumer packaging products from locally available sugar cane waste called bagasse. The company's products are manufactured in China and distributed under the “Roots Biopack” trademark. Biopack's unique line of compostable packaging is currently sold in 12 European countries plus the United States and Canada. The company announced today that, as part of its ongoing expansion efforts, it has entered into its first distribution agreement in Canada with Sonray Sales Ltd. Founded more than 30 years ago, Sonray provides a long-term, loyal commitment to the product lines it represents. Since its inception, Sonray…

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TuesdayNov 03, 2009 11:40 am

Pacific Asia Petroleum, Inc. (PFAP.OB) Approved for NYSE Amex Listing

Pacific Asia Petroleum, Inc., a company engaged in the business of oil and gas development, production and distribution in Asia and the Pacific Rim countries, announced this morning that its common stock has been approved for listing on the NYSE Amex. Trading is anticipated to begin Thursday of this week under the new ticker symbol PAP. Until then, Pacific Asia Petroleum’s shares will continue to trade on the Over-the-Counter (OTC) Bulletin Board under the symbol PFAP. “Moving from the OTC Bulletin Board to the NYSE Amex is another tremendously important milestone for Pacific Asia Petroleum,” stated President and CEO Frank…

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TuesdayNov 03, 2009 9:16 am

Aftersoft Group, Inc. (ASFG.OB) Appoints Gerry Czarnecki as Chairman of the Board

Aftersoft Group, Inc. is a young company that has vastly made a name for itself as a provider of business and supply chain management solutions to automotive parts manufacturers and distributors in the automotive aftermarket. Aftersoft has been attracting investors and leaders in their industry with a strong global presence. While based in the UK, the company also has operations in California and Pennsylvania to go along with a proposed office in Brisbane, Australia. A main reason Aftersoft has spread its wings so far across the globe is their experienced and aggressive management team. This team just grew stronger with…

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TuesdayNov 03, 2009 9:14 am

API Technologies Corp. (ATNY.OB) Secures $1.4 Million in New Orders

API Technologies Corp., a leading provider of innovative design, engineering and manufacturing solutions for electronic components and subsystems to the global defense and aerospace industry, recently announced that the company has secured two new orders totaling over $1.4 million for its industry-leading communications components and sensors. Received by API’s National Hybrid (“NHI”) division in Long Island, New York, these new orders, from two large international companies, are for NHI’s leading 1553 DataBus and custom hybrid circuits. NHI is a leading provider of communications products and custom hybrids to the defense, aerospace and technology industries. API’s current customers include the U.S.…

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TuesdayNov 03, 2009 9:13 am

Park-Ohio Holdings Corp. (PKOH) Reports Loss in Third Quarter

Park-Ohio Holdings Corp. reported a net loss for the third quarter of 2009 totaling $3.2 million, or $0.29 per share, as the recession continued to impact the company’s operations. This was an improvement over the net loss of $9.1 million, or $0.82 per share, reported in the same quarter in 2008. Revenues were $186.1 million in the quarter, down sharply from the $266.1 million in the third quarter of 2008. “The most difficult period in the company’s history has been addressed and we look forward to the next 18 months,” said Edward Crawford, the CEO of Park-Ohio Holdings Corp. Park-Ohio…

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MondayNov 02, 2009 4:02 pm

Iteris Inc. (ITI) Awarded $2.27M Contract for Technology Integration from City of Corona

Iteris Inc., a leader in traffic management for the development and application of advanced technologies, today announced it has been awarded a $2.27 million contract from the City of Corona for the integration of the Advanced Traffic Management System (ATMS) phase 2 Project. The project is based on the city’s existing phase 1 project, which Iteris completed in 2003. According to the press release, phase 2 will improve transportation management while incorporating additional stakeholders in the Corona region. Phase 2 will include numerous intelligent transportation systems (ITS) hardware and software components, as well as Iteris’ experience in the market. "Iteris…

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MondayNov 02, 2009 4:01 pm

Power 3 Medical Products, Inc. (PWRM.OB) Up 31.65% After Recent Coverage in QualityStocks Newsletter

Power 3 Medical Products Inc.’s stock is currently trading at $0.10 a share, up $0.021 or 26.58% for the day. The shares today touched an intraday high of $0.11 and have traded higher on heavy volume of nearly 8 million shares, well above the average volume of just over 4 million shares. The company was highlighted in the August 25th edition of QualityStocks' FREE Daily Newsletter at a price of only $0.024 per share. Anyone purchasing those shares after seeing the stock in the newsletter is sitting on a gain of more than 300%! Power 3 Medical Products is a…

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MondayNov 02, 2009 3:52 pm

Home Shopping Latino Inc. (HSPG.PK) Announces Production Agreement; ROCCX to Produce One Hour Segments

Home Shopping Latino Inc., focused on airing the only network of its kind to service the exploding Latino market in the USA with the on air name Viva TeleCompras, today announced an agreement with ROCCX and Executive Producer Rosario Marino for the production of five one hour segments to be aired on Viva's Network. According to recent statistics, the total Latino population in the United States is at 42.7 million, making them the largest minority group in the United States. The loyalty and size of the Latino market is readily apparent in the fact that Univision is now the 5th…

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