TuesdayNov 18, 2008 5:15 am

Snap Interactive (STVI.OB) Turns Profitable with 16 Million Installs of Popular Web Application

Snap Interactive designs applications for use in many social networking programs. This is a relatively new space and is continuing to grow rapidly as millions of people join the social networking sites of Myspace.com, hi5.com, Facebook, and Bebo. Snap’s applications for online dating entitled "Are You Interested", "Meet New People" and "Flirt With Me" are already on the top social networking sites. When combined, all the Snap Interactive applications have over sixteen million installs and well over one million visitors a day. The Company utilized the explosive growth of social networking websites and the mushrooming effect that comes with these…

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TuesdayNov 18, 2008 5:12 am

EnterConnect Inc. (ECNI.OB) Signs Letter of Intent to Purchase V-Rooms

EnterConnect Inc. offers enterprise-proven on-demand business portals to address the requirements of specific industries, as well as business processes that are common across multiple industries to help companies increase customer satisfaction, growth and productivity. This basically brings the internet and combines them with a company’s intranet and extranet to produce one seamless platform onto which all services may be performed. EnterConnect provides five different capabilities: CustomerConnect - provides rapid portal creation, and content and asset management, for supporting effective customer communication and collaboration. EmployeeConnect - provides all types of employee self-service functions, HR processes, workflows, forms, and document management. PartnerConnect…

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TuesdayNov 18, 2008 5:10 am

New Mexico Software, Inc. (NMXC.OB): Organizing Information Continues to Profit in Down Market

New Mexico Software, Inc. bridges the gap between the paper and digital worlds. New Mexico Software provides powerful organizing and archival products that allow a company to control document access and dissemination of information. Going digital with information cuts costs, eliminates wasted effort and saves countless trees. Also, NMS products have security controls that protect information and meet legal obligations. Many different industries all have the same basic needs – to organize and keep track of the flow of information. The Contracts and Procurement industry must constantly bid proposals, compliance documents, and contracts must be controlled at every stage of…

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TuesdayNov 18, 2008 5:02 am

WidePoint Corp. (WYY) Reports Booming Business and Releases Q3 Numbers

WidePoint Corporation specializes in the security of information across technology platforms including wireless platforms. Top secret security clearance, government agencies, healthcare providers, law enforcement agencies, system integrators and financial institutions use their services to secure their infrastructure, comply with federal regulations and optimize their information management systems. They also serve the commercial markets with identity management and information assurance services, forensic informatics and wireless technology services. WidePoint has three wholly owned subsidiaries holding major contracts, Operational Research Consultants, Inc. (ORC), and iSYS, LLC, and WidePoint II. Operational Research Consultants is the leading provider of high-level PKI services to the federal…

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MondayNov 17, 2008 5:40 pm

ICx Technologies, Inc. (ICXT) Reports Third Quarter Results and Year-End Outlook

ICx Technologies, Inc. (NASDAQ: ICXT), a developer of advanced sensor technologies for homeland security, force protection and commercial applications, recently announced the company’s financial results for the third quarter ended September 30, 2008. ICx Technologies reported quarterly revenue of $45.0 million, compared to $34.2 million for the corresponding quarter one-year earlier. Net loss for the quarter totaled $0.11 per share, compared to a net loss of $0.95 per share in the third quarter of 2007. Additionally, the company announced that it has been awarded a system-engineering, analysis and integration contract by the U.S. Army Research and Development Engineering Command Acquisition…

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MondayNov 17, 2008 3:54 pm

November 17th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: CETG, CHIP, CNLG, CVM, ENZ, ETGF, FMTI, GCEH, GNBT, HYTM, ITUI, MBND, MNDL, PLKH, SRRY, TAGS, TKO, XCR There was little safe haven for investors last week as the market lost more ground due to a number of disappointing earnings reports and concerning economic releases. All of the major indices traded lower for the week as the Dow lost 446 points for the week, extending its annual loss to 35.9%. The Nasdaq fared no better, losing 131 points and increasing it year-to-date decline to 42.8%. The S&P dropped 58 points, equating…

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MondayNov 17, 2008 2:16 pm

MedLink International Inc. (MLKNA.OB) is “One to Watch”

Headquartered in Islandia, New York, and trading on the OTCBB, MedLink International Inc.'s commitment is to provide the medical community with applications and services that ease the accessibility of information related to patient care through the creation of a secure environment. MedLink International markets their line of IT products and services through their partnerships in the medical community. The company creates the digital structure for the delivery of enhanced medical services for healthcare professionals globally. They do this through a suite of network, communication, management, financial, and value-added solutions using the MedLink Virtual Private Network (VPN). The MedLink VPN connects…

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MondayNov 17, 2008 12:54 pm

China Industrial Waste Management Inc. (CIWT.OB) Reports 3rd Quarter 2008 Financial Results and Posts Revised Fiscal Year 2008 Guidance

China Industrial Waste Management, Inc. (CIWM) released its 3rd Quarter 2008 financial results today for the period ending September 30, 2008. Among the highlights, total revenues increased by $3,434,442 or 53 % for the nine months ended September 30, 2008 as compared to the nine months ended September 30, 2007. Revenues for the three months ended September 30, 2008 increased by $870,538 or 37 % over the comparable period in 2007. CIWM said the gain in revenues was because of an increase in its customer base and increased demand for its services among its existing clients along with a growing…

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MondayNov 17, 2008 12:42 pm

F3 Technologies, Inc. (FTCH.PK) is “One to Watch”

F3 Technologies, Inc. (FTCH.PK), an Atlanta-based Software-as-a-Service (SaaS) development company and application service provider, is focused on providing on-demand internet solutions to consumers and small to mid-sized companies. The company’s flagship products include Ascend™ Global Business Solution, Interaction™ Community System, and Fargo Tube™. Ascend™ is full service on-demand business software designed to manage all organization-wide tasks on one unified technology platform. Interaction™ is full-service on-demand software designed to manage community associations and homeowner associations. Fargo Tube™ is a capitalized video sharing service that offers users numerous ways to get paid for their uploaded video content. According to Gartner, Software-as-a-Service (SaaS)…

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MondayNov 17, 2008 12:08 pm

Week Begins with Erratic Session

Monday was a day of mixed news, trading, and feelings on Wall Street. In the morning, just as it appeared that Friday's downward momentum would continue, news of gains in the energy sector coupled with optimistic bargain-hunters influenced a strong rebound, but by 1:00 p.m. ET, stocks began to sink again. Again shortly after two-o'clock, the Dow attempted to break into green territory, but continued to face resistance near its open of 8,495 points. Other indices looked relatively flat when compared to some of the losses that were sustained last week. Let us hear your thoughts below:

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