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TuesdayMar 04, 2008 5:05 am

Westell Tech (WSTL) Approves Repurchase of $10 Million of Its Common Stock

Westell Technologies, Inc., (www.westell.com), a collaborative application service provider located in Aurora, Illinois, announced March 3rd that its board of directors have approved the repurchase of up to a formed collection of $10 million of its Common Stock. Westell Tech. is a holding company for Westell, Inc and ConferencePlus, Inc. ConferencePlus Inc. is an application service provider that manages and hosts video, IP applications, voice and other back office solutions and services. Westell Chief Executive Officer, Thomas Mader commented, “Today’s announcement highlights our confidence in our ability to successfully execute our strategic plans. We believe this share repurchase plan is…

TuesdayMar 04, 2008 5:03 am

Intrepid Tech. (IESV) Appoints Mr. Jack Haffy a Position on Its Board of Directors

Intrepid Technology and Resources, Inc., an application innovator in Alternative Energy Technology and production, announced that its Board selected Mr. Jack Haffy, an over 30 year veteran of progressive leadership, to fill a position on Intrpid’s Board of Directors, replacing Seven Whitesides who is resigning to focus on his expanding dairy operations. Mr. Haffy said, “Intrepid is committed to a noble purpose, that of making a significant contribution to the environmental well-being of the plant. It has state of the art and even cutting edge technology for processing dairy farm manure to clean, high quality methane and soil-enriching fiber. Having…

TuesdayMar 04, 2008 4:59 am

Bottomline Technologies (EPAY) Enters Agreement to Acquire Optio Software

March 3rd, Bottomline Tech. (www.bottomline.com), a collaborative payment, invoice and document automation solutions provider to corporations, financial institutions and banks around the world, announced it has agreed to acquire Optio Software, headquartered in Alpharetta, GA. The Company is a provider of technology solutions that improve the efficiency of document-intensive processes. Bottonline’s possession of Optio is expected to stretch out Bottomline’s leadership position. The suggested transaction, that has been granted approval by the Board of Directors of both companies, is conditional upon Optio Software shareholder approval and other closing conditions. Looking forward, the agreement is expected to close during Bottomline’s fiscal…

TuesdayMar 04, 2008 4:56 am

Victory Energy Corp. (VYEY) Announces New Drilling Rig Delivery to Crockett County, Texas

Victory Energy Corporation, a publicly traded, developmental stage petroleum company, announced that the new drilling rig has been successfully transported to the Company’s drilling contractor for productive activity in the corporation’s Canyon Sandstone Gas field located in Crockett County, Texas. The rig will be completely tested and assembled with the essential auxiliary equipment by March 11th, 2008 and the rig will be ready for the next well drill that the Company has targeted. Victory’s goal is to evaluate profitable options, acquire producing wells, and develop solid foundation through leadership and sound business acumen, as well as other potentially profitable prospects…

TuesdayMar 04, 2008 4:53 am

Avanex Corporation (AVNX) Announces General Availability of PowerRouter™ 1X4 Wavelenght Selective Switch and Telcordia Qualification

Avanex, who intends to be the leading provider of optical solutions in the telecommunications industry, announced the Telcordia Qualification and general availability of its PowerRouter™ 1x4 Wavelenght Selective Switch, which enables the remote high-speed switching of any wavelength or any combination of wavelengths on a 100 GHz grid from any one of the input ports. The WSS device is bi-directional so the input and output ports can change places with another to operate in a 4x1 mode. The switching process is non-traffic affecting and the device enables per-channel optical power balancing. Avanex Senior Vice President and Chief Technical Office, Giovanni…

TuesdayMar 04, 2008 4:48 am

Budget Waste Inc. (BDGW.OB) – The Adage Continues, One Man’s Junk is Still another Man’s Treasure

A dear colleague of ours, who once owned a restaurant in New York, always knew exactly how his competition was doing, simply by checking the amount of their garbage. No matter how good an owner said he was doing, if he wasn't generating mountains of garbage, chances are he wasn't doing much business. It's ironic that in order for any growth to take place, a certain amount of refuse MUST be generated, and this waste has become both a problem and an opportunity. First, the problem. We live in a world that's bursting with population. Just the everyday goings on…

MondayMar 03, 2008 8:00 pm

Budget Waste Inc. (BDGW.OB) Differentiates Itself as a Leader in Service at a Competitive Cost

This Western Canadian company intends to be a one-stop-shop for waste cleanup and site needs. They offer their customers a diverse mix of services dedicated to satisfying the most demanding customers. Their focus is on providing customers with superior service at the lowest cost, thus giving customers greater value for their money. This enables the companies to do what they do best and leaves the cleanup to Budget Waste. The company offers a complete line of waste solution products. Among them is rural waste removal, which gives people and businesses in remote areas access to weekly garbage disposal. They also…

MondayMar 03, 2008 6:23 pm

Hill International (HIL) Awarded Extension of Managing Construction of Etihad Towers in Abu Dhabi; Promotion of Senior Vice President

Hill International (HIL) recently announced the company has been awarded a contract extension from H.H. Sheikh Suroor Bin Mohammed Al Nahyan to provide project management services for the AED 2.5B ($681M) Etihad Towers in Abu Dhabi, United Arab Emirates. The original 2 ½ year contract was worth AED 11.6M ($3.2M). The new 3-year extension has an estimated value to Hill of approximately AED 29.8M ($8.1M). Etihad Towers is a world-class, mixed-use development located on the prestigious coastline of Khalidyah. This location in Abu Dhabi will house a five-star hotel, served apartments, residences, office space and a retail mall. The development…

MondayMar 03, 2008 6:19 pm

Valuable Steel is Recovered during Alliance Recovery Corp’s (ARVY.OB) Rubber to Fuel Conversion Process

Almost 68% of Steel is recycled, making it the most recycled material in the US. The company intends to contribute to this number with a byproduct of their energy creation process. Steel is recovered from rubber waste material, mainly tires, which the company uses in the conversion process. It is stored and sold on the open market as recycled steel. This adds yet another revenue stream to the company’s business model. Today steel is Vital to the US. The industry represents a $50 Billion dollar industry; $75 Billon if one includes the additional industries created. The US is the largest…

MondayMar 03, 2008 6:14 pm

Budget Waste Inc. (BDGW.PK) Announce Projected 55% Increase in Revenues on Track for Year Ending March 31

Budget Waste Inc. (BDGW) is a waste solutions company in Western Canada. The company provides complete waste and recycling services to commercial, industrial, construction, homebuilding, oilfield and residential clients. With regulations throughout North America pressing companies and individuals to be more vigilant in the handling of waste products, the company plan to expand their distinctive services. The company announced that its projected increase in revenues of 55% should be reached for the current year ending March 31, 2008. Budget Waste has generated an average monthly income of $1.35M for the first 9 months of 2007. This calculates into year-end revenue…

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