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ThursdayOct 09, 2008 4:51 am

American Technology Corp. (ATCO) Reports Strong 2008, Record Revenues

American Technology Corporation (NASDAQ: ATCO), announced an upswing of growth and record revenues of more than $11 million for its fiscal year ending Sept. 30. This provider of "directed sound" products and technologies that place sound where it is needed says its strong figures are mainly due to robust sales of its LRAD-X technology (Long Range Acoustic Device). ATC also expects $3.8 million in fourth quarter revenues, an increase of about 140% over 4Q 2007. "The significant investment we made in our LRAD-X product line and technology in the first half of the fiscal year began paying off in the…

WednesdayOct 08, 2008 8:16 pm

Juhl Wind Inc. (JUHL): Wind Power Profits?

Juhl Wind (JUHL) focuses on the development, operation, and management of medium-scale community wind farms in the Midwestern United States and Canada. Juhl develops wind power communities in Minnesota, Nebraska and North Dakota. The company also provides development, management, and consulting services to various wind farm projects. Juhl is expanding as the demand for alternative energy sources grows. In August, the company announced three new wind farm projects in Minnesota. Even though prices of crude oil have declined recently, the per barrel price of around $85 is still more than double what it was five years ago. The US government…

WednesdayOct 08, 2008 8:14 pm

USA Truck Inc. (USAK): King of the Road, Royalty for Your Portfolio?

USA Truck (USAK) offers truckload freight services to various industries like industrial machinery and equipment, rubber and plastics, retail stores, paper products, durable consumer goods, metals, electronics, and chemicals. The company primarily hauls products in Canada, Mexico and the United States. USA Truck, which also provides third party logistics and freight brokerage services, has a fleet of 2,499 tractors and 7,024 trailers. Those figures are current as of the end of 2007, and could be pared due to rising fuel prices and a slowing US economy throughout 2008. USA Truck recently reported a surge in second quarter earnings, with net…

WednesdayOct 08, 2008 4:42 pm

Manhattan Associates, Inc. (MANH) Releases Supply Chain Intelligence Solution

Manhattan Associates, Inc. (MANH) is a global supply chain optimization company. Manhattan’s innovations include three core solutions. The Manhattan SCOPE™, a portfolio of software solutions and technology that leverages a Supply Chain Process Platform to help organization optimize their supply chains from planning through executive. The Manhattan ILS™ is a portfolio of distribution management and transportation management solutions build on Microsoft® .NET technology. The Manhattan Carrier™ is a suite of supply chain solutions specifically addressing the needs of the motor carrier industry. Manhattan recently announced the release of Manhattan Supply Chain Intelligence (SCI), available for the Distribution Management and Transportation…

WednesdayOct 08, 2008 4:40 pm

Foundry Networks, Inc. (FDRY) Announces the Availability of FastIron Stackable Switches Using IronStack™ Technology

Foundry Networks, Inc. (FDRY) is a provider of high-performance enterprise and service provider switching, routing, security and Web traffic management solutions. These solutions include Layer 2/3 LAN switches, Layer 3 Backbone switches, Layer 4-7 application switches, wireless LAN and access points, metro routers and core routers. Foundry’s clients include the world’s premier ISPs, metro service providers, and enterprises, including e-commerce sites, universities, entertainment, health and wellness, government, financial and manufacturing companies. Foundry announced today the availability of the FastIron® GS-STK and FastIron LS-STK stackable Layer 2/3 switches using IronStack™ technology. The FastIron GS-STK switches are stackable Layer 2 switches that…

WednesdayOct 08, 2008 1:06 pm

Microvision Inc. (MVIS) and Taiwan Optical Leader Announce Manufacturing Partnership to “Revolutionize” Handset Marketplace

Microvision Inc. (Nasdaq: MVIS), a provider of next-generation projector display and imaging products, and Asia Optical Co. Inc., a leading manufacturer of optical instruments such as fiber optics and digital cameras, today announced a supply agreement expected to leverage both companies’ position in the industry and provide consumers with high-quality display products. Per the agreement, Asia Optical will manufacture its proprietary PicoP technology-based display engines, as well as Microvision’s first stand-alone Pico projector products, to boost their positions in the marketplace. “Our PicoP go-to-market strategy leverages strategic supply chain partnerships and we are very excited to formally announce our partnership…

WednesdayOct 08, 2008 1:04 pm

Composite Technology Corp. (CPTC.OB) Teams with Higher Perpetual Energy to Build Four Wind Farms in Texas Panhandle

Composite Technology Corp. (OTCBB: CPTC), through its subsidiaries, operates as a developer and manufacturer of wind turbines, a form of alternative energy picking up speed, particularly in West Texas. The company today announced its DeWind subsidiary has entered into an agreement with Higher Perpetual Energy LLC to form DeWind SWI Wind Farms LLC (SWI Wind Farms) to construct a number of wind farms. SWI plans on developing four wind farms in Texas, totaling up to 620 megawatts of electrical energy capacity and consisting of Little Pringle One (10 MW), Little Pringle Two (10 MW), Big Pringle (200 MW) and Palo…

WednesdayOct 08, 2008 11:54 am

Zila, Inc. (ZILAD) Comments on Fourth Quarter and Fiscal Year 2008 Results

Zila, Inc. (NASD: ZILAD), a marketer and reseller of over-the-counter, non-prescription oral and dermatological products, recently reported financial results for its fiscal 2008 fourth quarter and full year ended July 31, 2008. Net revenues for the fourth quarter increased 14 percent to $11.9 million, compared with $10.4 million during the corresponding period one-year earlier. Net revenues for fiscal year 2008 climbed 57 percent to $45.1 million, compared with $28.8 million for fiscal 2007. Supporting the gains in net revenues, sales of ViziLite® Plus posted a year-over-year increase of 46 percent to $3.9 million, representing the eighth consecutive quarter of revenue…

WednesdayOct 08, 2008 11:52 am

A-Power Energy Generation Systems (APWR) Terminates Chief Financial Officer

A-Power Energy Generation Systems, Ltd. (NASD: APWR), the largest provider of distributed power generation systems in China, recently announced that the company has terminated its chief financial officer, Edward Meng. According to the company’s internal review, A-Power Energy Generation Systems has confirmed assertions made by NASDAQ relating to the omission of certain biographical information of Edward Meng. A-Power Energy Generation Systems was alerted to allegations against Mr. Meng by a NASDAQ notification stating that Mr. Meng’s former employer contacted NASDAQ to report that Meng had breached that company’s code of conduct by being dually employed by both that company (full-time)…

WednesdayOct 08, 2008 11:50 am

Chembio Diagnostics, Inc. (CEMI.OB) Announces FDA Approval for Extended Age Range for Routine HIV Testing

Chembio Diagnostics, Inc. (CEMI.OB), a developer, manufacturer and marketer of proprietary rapid diagnostic tests in the growing $5 billion point-of-care testing market, recently announced that the company has received approval from the United States Food and Drug Administration to extend the testing age range for its HIV rapid point-of-care tests to individuals 13 years of age and older. A recent clinical study was designed to evaluate the performance of the company's FDA-approved rapid tests, Clearview® COMPLETE HIV 1/ 2 and Clearview® HIV 1/ 2 STAT-PAK®. The University of Maryland School of Medicine performed the study for Chembio on four separate…

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