Blog - Page 4710 of 5440

ThursdayJan 24, 2008 8:36 pm

SCM Microsystems, Inc (SCMM) Hires New Executive Vice President

SCM Microsystems, Inc (SCMM), a leading provider of solutions that open the Digital World, announced that the company has appointed Sour Chhor to serve as Executive Vice President. Chhor, 43, will be based at the Company's headquarters in Ismaning, Germany and will report to Felix Marx, Chief Executive Officer. Chhor will be responsible for driving the development of new products, overseeing product lines, and building a product roadmap. In addition, Choor will be responsible for establishing additional sales channels and creating new partnerships with industry leaders. Previously, Choor Served as the Senior Director for NXP Semiconductors. NXP Semiconductors is a…

ThursdayJan 24, 2008 8:35 pm

Workstream, Inc (WSTM) Announces Contract Extension

Workstream Inc (WSTM), a leading provider of on-demand compensation, performance, and talent management solutions, announced that a major U.S. commercial airline has extended their contract agreement with Workstream. This four-year contract extension specifies that an additional 10,000 employees will enable the airline to continue using Workstream to manage compensation planning. The airline's decision to extend their use of Workstream’s compensation planning coincides with recent industry recognition. In a comprehensive study of leading talent management suites, Workstream received top marks for their compensation management capabilities. More information about this achievement can be found by accessing: http://www.workstreaminc.com/company/pr2008/prjan23_08.asp. Deepak Gupta, CEO of Workstream,…

ThursdayJan 24, 2008 8:33 pm

International Building Technologies Group, Inc (INGB.OB) Sign a MOU

International Building Technologies Group, Inc (INBG.OB) announced that the company has entered into a Memorandum of Understanding [MOU] with the city of Changchun in the Jilin Province of China. According to this document, International Building Technologies is to build two structures, approximately (59,000 sq ft), utilizing the company's panel technologies and products. The signed MOU specifies that a Final Agreement will be reached after IBT completes all structural construction in this province. The total subcontracted sum for IBT is estimated to be valued at approximately RMB 5,500,000, US$800,000. Kenneth Yeung, CEO of International Building Technologies Group, Inc., stated, "Our participation…

ThursdayJan 24, 2008 8:32 pm

MRV Communications, Inc. (MRVC) Announces New Business

MRV Communications, Inc (MRVC), a leading provider of products and services for out-of-band networking, announced that the company has established a reseller partnership with industry leader VarData. Under the terms of this agreement, VarData is to sell MRV's LambdaDriver and Fiber Driver products. Specifically, MRV partnered with VarData because VarData is focused on reaching key enterprise data center segments. The Company will sell MRV's WDM platforms in order to meet the needs of customers that require cost-effective backbone networks. Jeff Coke, president and co-founder of VarData, stated, "The hardware solutions provided by MRV have already paid major dividends for a…

ThursdayJan 24, 2008 6:38 pm

Mvive, Inc. (MVIV.PK) Registers Over 50,000 Customers

Mvive, Inc., a leading-edge, permission-based mobile marketing service and technology provider, announced today that over 50,000 customers registered for the company’s mobile marketing program during its beta test phase. The beta test phase provided access to product discounts and information from more than 800 Mvive clients and businesses. To generate additional customers, future Mvive membership will include personalized benefits and advanced mobile messaging services that will not be available to the general public. In addition, the test phase prior to commercialization exceeded corporate expectations due to the high volume of interest and the relatively conservative amount of capital resources that…

ThursdayJan 24, 2008 6:34 pm

Connect for Success Investment Conference to Take Place January 31 through February 2

Financial Services Exchange will be hosting its quarterly “Connect for Success” conference from January 31 to February 2, in Dallas, Texas at the Adolphus hotel. This conference is one of the most established national forums for independent brokers and dealers. Connect for Success offers presenting companies a captive audience of NASD member firms, as well as access to VC companies for funding private placements, IPOs, secondary financing and mezzanine funding. The conference also provides a forum for direct investment programs, mutual funds and asset management companies. As an attendee, the Connect for Success series provides networking opportunities and information on…

ThursdayJan 24, 2008 6:32 pm

BioForce Nanosciences Holdings, Inc. (BFNH.OB) Reorganizes Senior Management Team to Reflect Transition to Commercial Enterprise

BioForce Nanosciences Holdings, Inc. (OTC BB: BFNH), a producer of integrated biological and mechanical systems at the micro and nano scales, announced on Thursday that Kerry Frey, the former chief operating officer, has been promoted to president and chief executive officer. Eric Henderson, the former chief executive officer, will now fill the role of executive vice president and chief science officer, a newly created position at the company. The move is an effort to elevate the company’s focus of developing new products to support its flagship device, the Nano eNabler molecular printer. The reorganization of management is a strategic move…

ThursdayJan 24, 2008 4:21 pm

Stratos Renewables Corp. (SRNW.OB) – Economic Conditions in Peru Favorable for Direct Foreign Investment

With many US investors looking to India and China to diversify into, many are overlooking at the opportunities that abound in Latin America. Peru in particular offers a number of attractive economic conditions that put it above many of its Latin American Peers. They have had very stable inflation, a stable CPI, excellent trade terms with the US, appreciating currency and a stable government relative to others in the region. This combination of factors makes Peru a prime target for foreign investors. Last year inflation had crept up in Peru, but many officials believe that this is short lived and…

ThursdayJan 24, 2008 4:11 pm

Earnings Disappoint, Then Excite

As if the stock markets didn’t have enough troubling them right now, with the post Martin Luther King holiday declines in the major averages despite two days of rallies, several key components began reporting quarterly earnings. Apple (NASDAQ: AAPL), the maker of iPods and Macintosh computers, earned $1.58 billion for its fiscal first quarter, or $1.76 a share on revenue of $9.6 billion. For the equivalent quarter last year, Apple’s earnings were $1.14 per share, with net income of $1 billion on $7.12 billion in sales. Although this beat analysts’ estimates by 13-14 cents per share, Apple shares were down…

ThursdayJan 24, 2008 4:09 pm

Retail Revisited

While the stock markets continued to gyrate wildly this week in response to the credit news and the Fed easing, many investors small and large looked to find places to put their money. And while some went to the sidelines, some are beginning to pick up bargains in battered sectors already. Whether these are short-covering moves, fast trades - simply institutional window dressing or day trading moves, or long-term commitments will only be clear in the days, weeks and months ahead, but some buyers found something to like. One such sector that has had a slight uptick—it can’t even be…

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