Blog - Page 4868 of 5598

FridayJan 25, 2008 5:53 am

Art Technology Group, Inc. (ARTG) to Acquire Automated Personalization and Recommendations Leader CleverSet

Art Technology Group, Inc. (ARTG) and CleverSet announced that the two companies signed a definitive agreement for ATG to acquire CleverSet for approximately $10M in cash, less closing adjustments of approximately $1M. The transaction is subject to customary closing conditions including the approval of CleverSets’s stockholders and is expected to occur in the current quarter. The transaction is expected to be accretive on a non-GAAP diluted per share basis in 2009. CleverSet, located in Seattle, Washington, and Corvallis, Oregon, helps eCommerce companies and content providers significantly increase their revenues by enabling a truly personalized experience for each and every online…

FridayJan 25, 2008 5:47 am

Capstone Turbine Corporation (CPST) Receives Certificate from the U.S. Department of Commerce for Export Achievement

Capstone Turbine Corporation (CPST), a leading clean technology manufacturer of microturbine energy systems, announced that the company has received the U.S. Department of Commerce's Export Achievement Certificate. This certificate recognized Capstone's significant exports to global markets. Mr. Israel Hernandez, Assistant Secretary for Trade Promotion and Director General of the U.S. & Foreign Commercial Service, made the presentations to Mr. Jim Crouse, Executive Vice President, Sales & Marketing, in the presence of the employees of Capstone Turbine Corporation. Jim Crouse, president of Capstone, stated, "This is a significant recognition for our company and we are very pleased and honored by Mr.…

FridayJan 25, 2008 5:45 am

Argentex Mining Corporation (AGXM.OB) Receives Conditional Approval to List on TSX Venture Exchange

Argentex Mining Corporation (AGXM.OB) announced that the company has received conditional approval to list their common shares on Canada's TSX Venture Exchange (TSX-V). Final approval is still subject to conditions specified by the Exchange, including receipt of specified documents and a one time listing fee payment. Ken Hicks, President of Argentex, stated, "Our listing on the TSX Venture Exchange is another important milestone in our growth and development. We believe that this listing will provide the company and its shareholders with many advantages, including greater visibility and enhanced market access for the Canadian investment community." Argentex Mining Corporation is a…

FridayJan 25, 2008 5:44 am

First Mountain Bancorp (FMBP.OB) Has No Sub-Prime Business

Why should investors buy or even hold stocks of an organization that reports decline in business and earnings for 2007? There are good reasons for doing so when the organization involved is a financial institution, because 2007 has gone down in history as the year of sub-prime. It has also been a depressed year as far as economic and business conditions in many parts of the United States are concerned. Discerning stock market players will take encouraging note of the 2007 business results for this holding company that wholly owns a local bank in Southern California. The company has increased…

FridayJan 25, 2008 5:42 am

Do Not Miss The Rubicon Technology Inc. (RBCN) Stock Investment Opportunity

This company is truly an exclusive product of the current Millennium. It was incorporated in 2001, and looks set to become a top stock during the coming decades. It has rare know-how and elaborate vertical integration in the vitally important field of producing and shaping industrial sapphire chips. This is a technology sector with such versatile military and civilian applications, that no stock portfolio should remain for long without a presence here. The original technology of growing sapphires and using them in electronic circuits is Russian in origin. A technologist from this country has provided this entirely US based company…

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…

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