WednesdayMay 07, 2008 6:12 pm

NIC Inc. (EGOV) Joins Connected Nation Partner Program to Improve Broadband Internet Availability to Underserved Areas across the Nation

NIC Inc. (EGOV) is a provider of outsourced e-government portals. The company builds and manages official government Web sites and e-government services for 21 states and hundreds of local government in the United States. NIC designs, manages, and markets e-Government services on behalf of state and local governments and establishes local offices to provide solutions for 2,800 agencies. NIC announced last month that the company has joined the Connected Nation Partner Program in its efforts to improve broadband Internet availability and provide expanded access to online government services to rural areas. Connected Nation, a national, non-profit 503(c) organization, is widely…

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WednesdayMay 07, 2008 6:11 pm

Hill International, Inc. (HIL) Announces Agreement with Talaat Moustafa Group; New Management Agreement for Expansion of Northern Quest Resort and Casino

Hill International (HIL) recently announced the company has entered into an agreement with Talaat Moustafa Group Holding Co. (TMG), one of the leading residential and hotel developers in Egypt. The companies will form a new joint venture company that will provide project and construction management services exclusively on TMG projects throughout Egypt and elsewhere in the world. The new joint venture will be owned 50% by Hill and 50% by TMG and will be headquartered in Cairo, Egypt. The company is expected to immediately begin managing the construction of several of TMG’s largest developments. These developments include the Mega Mall…

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WednesdayMay 07, 2008 5:36 pm

Quicksilver Gas Services LP (KGS) Announces First Quarter 2008 Results

Quicksilver Gas Services LP (KGS), headquartered in Fort Worth, Texas, gathers and processes natural gas produced from the Barnett Shale geologic formation in the Fort Worth Basin of north Texas. The company began operations in 2004 to provide midstream services primarily to Quicksilver Resources Inc., the owner of the company’s general partner, Quicksilver Gas Services GP LLC, as well as other natural gas producers. Quicksilver recently released first quarter 2008 results. Net income for the first quarter was $2.9M, a three-fold increase as compared to net income of $0.8M in the prior-year same period. Earnings before interest, income taxes, depreciation…

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WednesdayMay 07, 2008 5:34 pm

Global Roaming Distribution Inc. (GRDB.OB) Uses Go-to-market Strategy to Boost Success of its Business Partners

Global Roaming Distribution Inc. (OTCBB: GRDB) operates as an entity to promote, sell and distribute telecommunications equipment, while also serving as an Internet-based distributor of global SIM technology through its CelTrek Web site. The CelTrek telecommunication platform is an application enabler, and an integral part of Global Roaming’s business and Go-to-market strategy based on business layers. Each layer represents a specific market, allowing the creation of new business opportunities. The layers include direct customers, affiliates, resellers, developers, white label solutions, wholesalers, retailers and corporate accounts. The company has designated its GRDB technology and software factory to implement the layers to…

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WednesdayMay 07, 2008 5:31 pm

NeoGenomics Inc. (NGNM.OB) Announces Positive Q1 Results and Accomplishments

NeoGenomics Inc. (OTCBB: NGNM) today announced its results and achievements for the first quarter of fiscal 2008, posting increases across the board. For the first time in the company’s history, it was free cash flow and positive for the entire quarter. NeoGenomics increased year-over-year revenues 86 percent to $4.2 million, and year-over-year gross margin 55 percent to $2.3 million. The company also announced its successful transition into a retail business model, the launch of a major hematology/oncology initiative in California, and the opening of a new immunohistochemistry, histology and cytology lab in Florida. “I am also excited to report that…

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WednesdayMay 07, 2008 5:30 pm

eDOORWAYS Corp. (EDWY.PK) Focuses on Building Quality Brand Platform

Consumers search for information, products, and recommendations in a variety of ways. Magazines, phone books, the Internet and friends are the usual sources of information. eDoorways Corp (EDWY.PK) is creating a platform where consumers can access information through the use of their web-connected mobile phones. The company is focusing on combining three service components to create a seamless client interface: 1. A performance support system that will assist consumers in resolving problems and issues 2. An e-marketplace where vendors can communicate directly with consumers through ‘storefronts’ 3. A lifestyle ‘info-pedia’ system that will provide a broad range of information eDoorways…

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WednesdayMay 07, 2008 5:26 pm

MIPSolutions, Inc. (MSOL.OB) Reduces Time and Expense Associated with Precious Metal Extraction

MIPSolutions, Inc. (MSOL.OB) has recently discovered a significant advancement in the area of molecular imprinting at their laboratories on the University of Utah. They found that Molecularly Imprinted Ionomer (MII) beads imprinted to retain silver could also retain gold while excluding all other metals. The application of this discovery translates to a large capital expense savings, a reduced development time, and a streamlined field-use plan. Glen Southard, Chief Science Office of MIPSolutions, stated, “These serendipitous results greatly simplify our R&D plans for precious metals while significantly reducing costs The ability to use the same MII beads to isolate two different…

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WednesdayMay 07, 2008 1:57 pm

Mindray Medical International (MR) Beats Q1 Estimates, Guides 2008 Above Consensus

Mindray Medical International (MR), a Chinese manufacturer and marketer of medical devices internationally, reported first quarter results after the close today. Net revenues increased 48.2% year over year to $89.3 million vs. analysts’ consensus estimate of $84.4 million. Non-GAAP net income rose 42.7% to $28.4 million or 25 cents per share. Analysts were looking for non-GAAP earnings per share of 19 cents. Mindray's chairman and Co-Chief Executive Officer Xu Hang made optimistic comments about future growth. “We delivered another quarter of strong results both in China and international markets,” he said. “During the quarter, we successfully acquired Datascope Corporation's patient…

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WednesdayMay 07, 2008 1:54 pm

Allied Healthcare International Inc. (AHCI) Reports Increase in Q2 Results Reflecting Homecare Business

Allied Healthcare International Inc. (Nasdaq: AHCI) announced its second-quarter results for the period ended March 31, 2008. This leading provider of flexible healthcare staffing services in the UK reported a 9.8 percent increase in revenues and a 6.3 percent increase in operating income from continuing operations. “Before the favorable impact of exchange rates,” the company posted revenues at $72.9 million, up $5.6 million, or 8.4 percent, from $67.2 million the year prior. Allied Healthcare attributes the increase to an 11.4 percent increase in the staff of Allied’s Homecare staffing. Gross profit for the second quarter rose to $21.6 million, up…

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WednesdayMay 07, 2008 12:00 pm

Popular Mechanics Picks Hybrid Technologies, Inc. (HYBR.OB)

Hybrid Technologies, Inc.(HYBR.OB) is a technology company that is focusing its efforts on the development and marketing of lithium battery powered vehicles and products. These vehicles include autos, motorcycles, mopeds, bikes, and scooters. Hybrid Technologies is currently competing for the $10 million Automotive X prize. This competition is looking for the 'car of the future'. The X Prize Foundation is analyzing 64 entrants based on six factors-technology feasibility, fuel economy, design, performance, price, and production reality. Hybrid's new aerodynamic X prize vehicle is under development at their Mooresville, North Carolina facility and is being engineered for speeds of 175 mph…

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