ThursdayMay 08, 2008 3:52 am

Metro One Development, Inc. (MODI.OB) Partners with Interactive Pioneer Imagin8 to Provide Innovative Virtual Products to the North American Housing Market

Metro One Development, Inc. (MODI.OB), a custom builder and property developer in the Greater Toronto Area in Canada, recently announced a new partnership with Canadian multimedia and interactive pioneer, Imagin8. Under the terms of this agreement Imagin8 will develop state-of-the-art virtual 3-D walk-through tours for the U.S. and Canadian housing and condominium markets. This unique and interactive presentation is expected to assist in purchasing assessments by providing potential buyers with the realistic look and feel of a property. The innovative interactive media platform works through glass and transforms any glass surface into a creative form of 3-D expression. The company…

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WednesdayMay 07, 2008 11:48 pm

National Health Partners, Inc. (NHPR.OB) Posts 73% Year-over-Year Increase in Revenue for Q1 2008

National Health Partners, Inc. (NHPR.OB), a leading provider of unique discount healthcare membership programs, recently announced a 73% year-over-year increase in revenue for the first quarter of 2008. Additionally, the company reaffirmed its revenue forecast of $12 million to $15 million for 2008, with the majority of revenue being recognized during the second half of the year due to recent and newly signed business agreements. National Health Partners is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called CARExpress. The majority of National Health Partners’ sales…

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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 5:31 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 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 9:35 am

HotOtc Featured Company: Charter Communications (CHTR) Reports High Speed Data Revenues Increased 34% Year-over-Year with 378,400 New Customers

A solid foundation is necessary for any company to launch itself into the big leagues of a market. This is especially true of markets where a complicated infrastructure is needed. Once that infrastructure and foundation is laid, a company can head for great heights and potential profits. Charter Communications Inc., a broadband Internet/cable provider, offers the full range of services that cable and Internet users require today. These services include: cable television, HD television, broadband internet access, local and long distance telephone, music and pay-per-view movies. The company is based in St. Louis, MO. and serves 5.7 million customers in…

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WednesdayMay 07, 2008 8:59 am

LDK Solar Co., Ltd. (LDK) – Outshining Crude's Rise

As oil and other energy resources continue to skyrocket, it is wise to note that alternative energy resources such as solar will gain ground, and eventually may become cost equivalent. With this in mind, many investors are shifting their money into more green, earth-friendly alternatives such as solar power. LDK Solar Co., Ltd. (LDK) has announced the signing of a five-year contract to supply multicrystalline solar wafers to German-based Qimonda AG (QI). These wafers are the basic raw material used in the creation of solar cells, and are an integral component in solar panels used to power homes and other…

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