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TuesdayApr 01, 2008 6:10 pm

Second Quarter Off to a Rousing Start

Stocks were off to a hot start at the beginning of the new quarter, as all the major averages posted impressive gains. The Dow shot up 391.47 points, closing at 12,654.36, buoyed by better economic news and the absence of bad news, as investors responded with broad buying of shares. The Nasdaq ended up 83.65, an increase of 3.67% at 2,362.75, while the S & P 500 came in at 1.370.18, with a gain of 47.88. A stronger dollar, which showed strength against possible inflation, as well as falling oil and gold prices, gave Wall Street a banner day. The…

TuesdayApr 01, 2008 5:24 pm

OTCPicks Featured Company: Merisel, Inc. (MSEL.PK) to be Acquired by TU Holdings, Inc.

Merisel, Inc. (OTC: MSEL) recently announced that they have entered into an agreement to be acquired by TU Holdings, Inc, a wholly owned portfolio company of American Capital Strategies, Ltd. (NASD: ACAS), with the price set at $5.75 per share in cash. Merisel is a leading provider of visual communications and brand imaging solutions to the consumer products, retail, and advertising and entertainment industries. The transaction has already been approved by the majority of Merisel's Board of Directors, and the board has recommended that Merisel's stockholders approve the transaction as well. It has been reported that Merisel's largest stockholder, Stonington…

TuesdayApr 01, 2008 5:21 pm

Angstrom Microsystems Inc. (AGMS.OB) Stock Price Increases 40% in Four Trading Days

Angstrom Microsystems Inc., a manufacturer of high-performance data center and workstation solutions and computers, offers highly efficient cooling and power systems that save on energy costs for large data centers. The company recently announced the proposed merger with Angstrom Technologies Corp.’s wholly owned subsidiary, Angstrom Acquisition Corp., which has attracted the eyes of many investors. Angstrom specializes in green computing solutions, providing blade servers and workstations uniquely designed for the high-energy demand data center sector. Angstrom also offers unique liquid cooling and ultra-efficient power technologies that significantly reduce the electricity needed to operate computers in these facilities. Currently, the delivery…

TuesdayApr 01, 2008 5:11 pm

Rudy Nutrition, Inc. (RUNU.PK) Signs National Distribution Agreement with Vistar Corporation

Rudy Nutrition, Inc. (RUNU.PK), founded by Notre Dame sports legend Daniel “Rudy” Ruettiger, is a manufacturer of great tasting, health-conscious beverages and nutritional products. The Company recently announced a national distribution agreement with Vistar Corporation, a top-10 food service distributor in the United States with more than 33,000 customers in 50 states. Under the terms of the agreement, Vistar will make Rudy Beverages available to its 36 distribution centers nationwide. Given Vistar’s impressive list of clients, which includes Best Buy, Linens and Things, Staples and Barnes & Noble, this distribution agreement will help position Rudy Nutrition for national exposure in…

TuesdayApr 01, 2008 3:19 pm

BAE Systems is Transferring Micromem Technologies Inc.'s (MMTIF.OB) MRAM Patented Technology

Micromem Technology Inc, a company focused on the development of magnetic random access memory (MRAM) technology, announced that BAE Systems, a premier global defense and aerospace company delivering a full range of products and services for air, land and naval forces, is in process of transferring the MRAM and sensor technology to its Nashua New Hampshire foundry facility. BAE Systems is planning to complete the modification of Micromem’s technology over the coming months. Joseph Fuda, Micromen's President and CEO, said, "This partnership is the ultimate technical validation that Micromem has been looking for. To partner with a global leader such…

TuesdayApr 01, 2008 3:12 pm

Generex Biotechnology Corp. (GNBT) and SciGen Enters Into Product Licensing and Distribution Agreement

Generex Biotechnology Corporation, a company engaged in the research, development, and commercialization of drug delivery systems and technologies, and SciGen, Ltd., a fully integrated biotechnology company globally developing, manufacturing, and marketing biopharmaceuticals, announced April 1, 2008 that they have entered into a distribution agreement for Generex Oral-Lyn™ in China. SciGen will procure governmental approvals for the importation, marketing, distribution, and sale of Generex Oral-Lyn™. SciGen is a Singapore-based company with offices in the UK and subsidiary companies in South Korea, Inda, Hong Kong, Philippines, Australia, Vietnam, Israel, and the U.S. SciGen’s focus is in the areas of endocrinology, oncology, and…

TuesdayApr 01, 2008 3:08 pm

DigitalPost Interactive (DGLP.OB) Announces Partnership with Westgate Resorts

DigitalPost Interactive, a Software-as-Service application provider that delivers B2B (business to business) and B2C (business to customer) applications featuring ease of use, and digital media-sharing solutions, announced its partnership launch with Westgate Resorts, one of the largest privately held corporations in Central Florida. This partnership will embark on a new family website service aimed at the company’s half-million timeshare owners and its equally sizable audience of resort visitors. This solution provides the ultimate online destination for storing and sharing the best vacation photos, videos and more, plus a built-in photo store where customers can order prints sent right to their…

TuesdayApr 01, 2008 12:54 pm

eDOORWAYS Corp. (EDWY.PK) Announces Promotion through QualityStocks.net

eDOORWAYS Corp. will be featured in upcoming Daily Newsletters, Daily Blogs, Message Boards, and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 600,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. Gary Kimmons, CEO and President of eDOORWAYS, has the company focused on connecting people with questions to experts with answers, solutions, and recommendations as to where to buy goods and services related to their area of interest. According to…

TuesdayApr 01, 2008 10:21 am

eDOORWAYS Corporation (EDWY.PK) Hires Applied Storytelling for Brand Development

eDOORWAYS Corporation (EDWY.OB) has hired Applied Storytelling to help develop its brand strategy. A new branding strategy is key as eDOORWAYS recently changed its name from M Power Entertainment. Applied Storytelling, a San Francisco-based consulting firm, specializes in brand development and is known for its development of creative brand strategies across consumer and business-to-business categories. The company’s approach is to connect its clients with consumers in authentic and compelling ways. This approach may be the reason why Applied supports a diverse roster that includes Disney, Estee Lauder, Intel, Qualcomm, and Visa. Eric La Brecque, a Principal at Applied Storytelling, sums…

TuesdayApr 01, 2008 10:15 am

YTB International, Inc. (YTBLA.PK) Reports 177% Increase in Total Revenues

YTB International Inc. (Pink Sheets: YTBLA) today announced its financial results for the 12 months ended December 31, 2007. Revenue for fiscal 2007 was $141.3 million, up 177 percent from $50.9 million the year prior. The Internet-based travel booking service provider attributed the 177 percent increase in revenues to its advances and growth within the travel industry. Net income for the year ended December 31, 2007 was posted at $3.2 million, or $0.03 per diluted share, compared to a net loss of ($6.0) million, or ($0.07) per diluted share, for the 2006 fiscal year. Scott Tomer, CEO of YTB International,…

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