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…

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MondayMar 03, 2008 6:10 pm

Capstone Turbine Corporation (CPST) Sets Stake in New York with the First Clean and Green MicroTurbines

Capstone Turbine Corporation (NASDAQ:CPST) today announced the installation of New York’s first microturbines. The Capstone MicroTurbine systems are positioned in four locations around the Big Apple, fueled by clean burning natural gas with minimal emissions. RSP Systems, a Cogeneration Contractors Company, completed the installation as a reliable and cost-effective alternative energy source. “We are proud to be among the first developers to utilize microturbines in New York City,” Charles Norman of Millennium Partners stated in the press release. “The microturbine is a highly efficient source of distributed generation, and the Capstone C60 installed at our Millennium Tower Residences allows us…

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MondayMar 03, 2008 3:31 pm

Wave Systems Corp (WAVX) Sells 3,173,500 of Class A Common Stock

Wave Systems, a leading programmer of dependable computing solutions and services, has announced that it has agreed to sell 3,173,500 shares of its Class A common stock at the price of $1.10 per share, giving gross total amount derived of approximately $3.5 million. Five-year warrants will be given to private placement investors to purchase a collection of 952,050 shares of Wave’s Class A Common Stock for $1.15 per share. Approximately $3.3 million (net proceeds of the financing) will be used to fund Wave Systems ongoing operations. CEO of Wave Systems, Steven Sprague said, “The need for hardware security solutions to…

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MondayMar 03, 2008 11:12 am

Pay 88 Inc. (PAYI.OB) Reports Increased Revenues of Nearly 300%

Pay 88 Incorporated, a provider of prepaid digital cards focusing on online multiplayer games, today announced financial results for the fourth quarter ending December 31, 2007. Revenues for the fourth quarter of fiscal ‘07 were approximately $4.25 million, up 297% from the previous quarter. The increase was driven by broad-based growth across the company's range of products and services, and their carefully executed expansion into new targeted markets. Pay 88 still has plenty of room for growth. China, with more than 137 million active Internet users, has the second largest online user base in the world, second only to the…

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MondayMar 03, 2008 11:05 am

FlexSCAN, Inc. (FXSC.OB) Has Changed its Name to Aperture Health, Inc. (APRE.OB)

From its inception, flexSCAN, Inc. has gone through many changes. The company was originally incorporated in 1991, as Fuel Corporation of America. In July of 2005, Fuel Corporation merged with FCA Acquisition Corp., a wholly owned subsidiary of Fuel Corporation, and flexSCAN, Inc. Finally in September 2005, Fuel Corporation merged into flexSCAN, Inc. At the time of the merger, flexSCAN was providing healthcare information and services, primarily high technology medical information management to the healthcare consumer, along with a unique incentive program designed to abate the rising costs of healthcare. The company has grown since then to offer more products…

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MondayMar 03, 2008 8:46 am

Microcap.com Featured Company: Western Prospector Group Ltd. (WNP.V) Announces it’s Ready to Ramp Northern Mongolian Uranium Leases

It is easy to say that the world is running out of clean energy sources and it’s another to do something about it. Finding a solution and being able to support it is the key. Those that can see the solution and make it happen are those that will profit well into the future. Western Prospector Group Ltd., a Canadian uranium mining exploration and development company, is currently working to develop a large uranium mining lease located in Northern Mongolia. The location of the mining lease may appear to be a bit exotic but, by all accounts, is ready for…

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MondayMar 03, 2008 8:26 am

Last Mile Logistics Group, Inc. (LMLG.OB) Voted a Winner

Many entrepreneurs believe that they have the next “big idea” but many don’t have the capital to bring that idea to market or expand their product line. So they turn to outside or third party funding in order to gain capital. Some may turn to friends, banks and/or hopefully an investor who believes in the company and its product. FundingPost, a company that has been introducing entrepreneurs to investors for almost 5 years, sees the possibilities in helping entrepreneurs meet with investors by establishing the “Pitching Across America” competition. Recently 100 Venture Capital Funds and Angel Investors served as judges…

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MondayMar 03, 2008 5:11 am

Avici Systems Inc. (AVCI) Enjoys Superior Future Business Prospects

It may be significant that the company will shortly change its name because it has taken its business to an entirely new plane. Profits during the Most Recent Quarter have grown manifold over the corresponding period for the previous year. This is not just because gross revenues have soared, but also because operating costs have been curtailed by the management. The stock market has responded favorably to the quantum improvement in business results. The company is involved in Internet communications. It enables service providers to transmit enormous quantities of text, including audio and video inputs, at high speeds. It is…

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MondayMar 03, 2008 5:09 am

Integration Drives Newpark Resources Inc. (NR) Business Model

A single-window service capability is a competitive advantage in the Oil Well Services & Equipment Industry. Industrial clients stand to benefit by developing business relationships with integrated solution providers. The supplier company can cover its marketing and infrastructure costs through multiple revenue lines. This company operates throughout North and Central Americas, as well as in Europe and North Africa. It has three lines of important services for companies engaged in exploring and operating oil and gas reserves under the earth’s surface. The first revenue line relates to supplying fluids and technical services related to drilling operations. The second business of…

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MondayMar 03, 2008 5:06 am

Brigham Exploration Company (BEXP) Balances Development and Profit Objectives

Few stocks can match the relatively steady appreciation of this stock over the past 12 months. All profitability ratios over the past five years are better than achieved by the Oil & Gas Operations Industry, and the Energy Sector as a whole. Capital spending has grown by more than double that of its peers, during this period. Investors can use this stock as a text-book case of the dual benefits of immediate and long-term benefits. No wonder that major financial institutions own more than 75% of this company’s stock. The company uses three dimensional seismic and related technologies to discover…

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