FridayMar 25, 2011 11:04 am

ZAGG (ZAGG) Files 2010 10-K Ahead of Schedule, Offers Solid 2011 Outlook

ZAGG, a leading developer in providing mobile consumer products and device accessories, today reported the filing of its Form 10-K for 2010; it will file its Proxy Statement by April 30, 2011. ZAGG also offered 2011 guidance, forecasting higher revenue figures based on several key variables. The company reported fourth-quarter 2010 revenue at $29.3 million, a 157 percent increase over the fourth quarter of 2009, and a sequential increase of 27 percent over the third quarter of 2010. Full-year revenue was $76.1 million, up 98 percent from the $38.4 million reported for full year 2009. Gross profit for the quarter…

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FridayMar 25, 2011 9:31 am

Hydrogenics Corp. (HYGS) Wins Contract to Provide Hydrogen Power Fuel Cell for Hybrid Ferry

Hydrogenics Corp. is a leading global developer and manufacturer of hydrogen generation and fuel cell products. The company has over 60 years of experience designing, manufacturing, building and installing industrial and commercial hydrogen systems worldwide. The company announced today that it has received a contract from Statue Cruises LLC for the delivery of two HyPM HD 16 fuel cell power modules delivering up to 33 kilowatts of continuous power for one of its ships. The 600-passenger hybrid ferry will be propelled by hydrogen fuel cells in a compund hybrid arrangement along with wind turbines, solar panels and a tier 2…

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FridayMar 25, 2011 7:29 am

Gulfport Energy Corp. (GPOR) Reports Pricing and Increase in Size of Stock Offering

Gulfport Energy Corp. announced the final pricing of an offering of common stock last week. The company also increased the size of the offering due to strong demand from the institutional investment community. Gulfport Energy is selling 4.8 million shares of its common stock at a price of $32 per share. The company is selling 2.4 million shares and the balance of the shares is being sold by a large shareholder. Gulfport Energy said that the company originally intended to sell 4 million shares but strong interest from investors led to a 20% increase in the size of the offering.…

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FridayMar 25, 2011 7:27 am

China Sunenergy (CSUN) Posts Solid Q4, FY2010 Results

China Sunenergy, a specialized solar cell and module manufacturer, announced its financial results for the fourth quarter and full year 2010, reflecting the company’s transition to in-house module manufacturing following the acquisitions of CEEG (Shanghai) Solar Science & Technology Co., Ltd and CEEG (Nanjing) New Energy Co., Ltd. Revenue for fourth quarter was $169.6 million, a 73.8 percent increase over the fourth quarter of 2009. Gross profit was $27.1 million, a 160.6 percent increase over the comparable quarter of 2009. Gross margin was 16.0 percent, compared to the company's previous guidance of 15 percent. Net income was $15.4 million, or…

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FridayMar 25, 2011 7:26 am

Conmed Healthcare Management (CONM) Posts Record Q4, FY2010 Results

Conmed Healthcare Management Inc. yesterday posted its financial results for the fourth quarter and year ended December 31, 2010, posting new records on both a quarterly and annual basis for revenue, gross profit, operating profit and adjusted EBITDA. “We continued to generate cash and maintained a solid, debt-free balance sheet,” Richard Turner, chairman and CEO of Conmed stated in the press release. “These results continue to demonstrate the leverage in our operating model. Our business has now reached a critical mass to the point where our expanded client base and recurring revenues are more directly impacting the bottom line.” Fourth-quarter…

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ThursdayMar 24, 2011 1:26 pm

AmeriLithium Corp. (AMEL) Reports Progress On Lithium Exploration in Nevada

AmeriLithium Corp. issued an update on the progress of the company’s mining program in the western United States, where the company is exploring for various minerals. AmeriLithium Corp. just completed the first hole of an exploratory drilling program at the Paymaster Canyon Lithium brine project located in Nevada, and expressed optimism about the initial phase of the drilling program. “We've already encountered areas within hole one that look positive for brine, and we are looking forward to the successful completion of the next hole,” said Matthew Worrall, the CEO of AmeriLithium Corp. AmeriLithium Corp. said that two other holes at…

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ThursdayMar 24, 2011 1:24 pm

Powerwave Technologies Inc. (PWAV) Wins First and Second Place 2011 CTIA E-Tech Awards for Wireless Infrastructure

Powerwave Technologies, www.powerwave.com – the global provider of advanced enterprise- and commercial-class wireless network infrastructure, is reported today, Mar. 24, as having crushed the competition at this year’s CTIA E-Tech Awards in the Infrastructure: In-Building/WiFi/LAN category, with the 4G MIMO Active Array Antenna taking first place and the Powerwave LTE Picocell taking second. This was almost a shutout for PWAV, whose products made quite a splash with attendees and judges alike, surpassing ten other finalists in the enterprise infrastructure category and sending home top names like Ericsson, Nokia Siemens and Huawei. Winners were originally announced two days ago in a…

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ThursdayMar 24, 2011 12:29 pm

Cavico Corp. (CAVO) Announces Subsidiary Cavico Infrastructure’s New Contract Negotiations

Cavico Corp., a provider of construction and engineering services for civil construction infrastructure projects, announced that its subsidiary, Cavico Infrastructure, is in the process of negotiating various new contracts as the Company begins its second quarter for 2011. Cavico has expected the total value of these contracts to be approximately $6 million. Cavico is in the negotiation process for the supply of 10.6 million cubic feet for various types of construction stones to Vinh Tan Thermopower Plant. This contract is valued at $2.5 million. Vinh Tan Thermopower Plant is located in the Tuy Phong District, Binh Thuan Province. As planned,…

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ThursdayMar 24, 2011 12:27 pm

GLG Life Tech Corp. (GLGL) to Open 13 Regional Marketing and Sales Offices in China

GLG Life Tech Corp. is a global leader in the agricultural and commercial development of high quality stevia extracts. Stevia is an all natural, zero-calorie sweetener widely used in foods and beverages. The company today announced the completion of 13 regional ANOC offices for national marketing and sales in China. ANOC is a company focuses on the sale and distribution of all natural, zero-calorie food and beverage products in China that are sweetened with stevia provided by GLG Life Tech. It recently launched its first such sweetened tea drink in China. There 13 regional offices that are located in Beijing,…

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ThursdayMar 24, 2011 12:25 pm

Sino Clean Energy (SCEI) to Capitalize on Dongguan Government Mandates with Expanded Production Capacity

Sino Clean Energy, a China-based producer and distributor of coal-water slurry fuel (CWSF), today announced that it started the construction on an additional 750,000 metric tons (MT) of annual production capacity to its existing 300,000 MT capacity plant in Dongguan, Guangdong Province, with completion expected in August of 2011. Upon completion of the construction, the company said it plans on additional testing before ramping production in the fourth quarter of 2011. The decision to expand its production capabilities follows recently announced mandates and subsidies from the Dongguan government that the company anticipates will increase demand. The addition of the new…

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