MondayNov 15, 2010 10:26 am

Voltaire Ltd. (VOLT) Announces Plans for High Throughput FDR InfiniBand Switching Platforms

Voltaire Ltd, a specialist in HPC (high performance computing) and a leading provider of highly scalable data center fabrics (network grid architectures), today announced plans to deliver FDR (fourteen data rate) InfiniBand switching platforms that adhere to the IBTA (InfiniBand Trade Association) specifications for next-generation InfiniBand. The new platforms, expected to be available in the second half of 2011, will deliver an 80% increase in server-to-server throughput, as well as improved scalability. The switches will be fully compatible with Voltaire’s unique portfolio of application acceleration and fabric orchestration software. Voltaire switches accelerate more than half of the InfiniBand deployments on…

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MondayNov 15, 2010 9:51 am

Sonic Solutions (SNIC) Announces Integration of RoxioNow Platform into Chipset for HDTVs

Sonic Solutions today announced the integration of the RoxioNow™ platform into HDTV chipsets from leading system-on-chip (SoC) maker Trident Microsystems, Inc. Via RoxioNow capabilities, consumers of Trident-based HDTVs can now enjoy instant access to premium entertainment offerings streamed directly to their sets over the Internet, including new-release movies and popular TV shows. By partnering with Trident, who serves some of the world's best-known television brands, Sonic extends RoxioNow support across the broadest possible range of televisions, set-top boxes, media players, and mobile devices. "Consumers want to combine the quality from their digital TVs with the variety and flexibility they receive…

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MondayNov 15, 2010 9:32 am

Aura Systems, Inc. (AUSI.OB) Announces Major U.S. Army Contract to Develop a 30 kW VIPER Mobile Power Solution

Today, Aura Systems Inc. announced that it received a contract worth approximately $980,000 to develop a 30 kW version of its VIPER mobile power system. The company anticipates making delivery of the unit by the middle of next year. The 30 kW VIPER system will be capable of simultaneously delivering both DC and AC power. Expected to be the same or slightly larger in diameter than the current 8.5 kW machine, the 30 kW VIPER will address the constantly growing need for onboard exportable power on military vehicles. Mr. Melvin Gagerman, Aura's CEO, stated, "Aura is very pleased to undertake…

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MondayNov 15, 2010 9:09 am

Puda Coal, Inc. (PUDA) Reports Financial Results for Third Quarter of 2010

Puda Coal, Inc. reported a strong year over year increase in sales and a solid net profit in the quarter ending September 30, 2010, as the company benefited from higher volumes and better realized prices for sales of metallurgical coal. Puda Coal, Inc. reported sales of $90 million in the third quarter of 2010, compared to sales of $56.1 million in the corresponding quarter of 2009. The company sold 651,000 tons of metallurgical coal during the quarter, compared to 498,000 metric tons in the same quarter of 2009. Puda Coal, Inc. sold its metallurgical coal at an average price of…

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FridayNov 12, 2010 3:01 pm

All American Group, Inc. (COHM.PK) Details Rising Revenue and Operating Results

All American Group, www.allamericangroupinc.com – the premier system-built homes and large scale residential construction company, which also manufactures ADA-accessible buses via a joint venture, today reported year-to-date (YTD) and Q3 2010 (ending Sept. 30) results. President and CEO of COHM, Rick Lavers, cited a 48% reduction in operationally-used net cash from the previous year and the circumspect stewardship of funds in the Company’s various escrow accounts as highlights of COHM’s success. Here's a look at the major data points in summary form: • Net cash used in operations was down 91% to $7.5M YTD compared to 2009, down 123% to…

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FridayNov 12, 2010 2:55 pm

Friedman Industries, Inc. (FRD) Reports Results for Third Quarter of 2010

Friedman Industries, Inc. reported a large increase in revenues and net income in the quarter ending September 30, 2010. The company attributed the strong results to higher volume and selling prices relative to the same quarter last year. Friedman Industries, Inc. reported net income of $1.78 million, or $0.26 per diluted share, in the second quarter of fiscal 2011. The company reported a loss of $0.21 million, or ($0.03) per diluted share, in the corresponding quarter in fiscal 2010. Friedman Industries, Inc. reported revenues of $29.3 million in the second quarter of fiscal 2011, up markedly from the $16.1 million…

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FridayNov 12, 2010 10:48 am

China Shen Zhou Mining & Resources, Inc. (SHZ) Reports Q3 2010 Financial Results

China Shen Zhou Mining & Resources, Inc., a company focused on exploring, developing, mining and processing fluorite, zinc, lead, copper, and other nonferrous metals in China, today before the opening bell reported its financial results for the third quarter ended September 30, 2010. Compared to the same period in 2009, net revenues increased by 110% from $1.72 million to $3.62 million. Gross profit increased by approximately 600% in the third quarter of 2010 as compared to the same period in 2009 to $1.74 million from $0.25 million. Gross margin was 48% as compared to 14% in the same period of…

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FridayNov 12, 2010 9:42 am

GC China Turbine Corp. (GCHT.OB) Appoints Chief Financial Officer

GC China Turbine Corp., a leading Chinese manufacturer of state-of-the-art 2-bladed wind turbines, announced today that it has named Ms. Ping Ye as its Chief Financial Officer. Her responsibilities will include leading GC China's global finance, planning and accounting efforts as the company continues to expand its presence in the Chinese and European wind markets. "Ms. Ye brings tremendous credentials and experience in high growth markets to GC China Turbine," stated Mr. Hou Tie Xin, Chairman of the Board. "GC China is in the midst of tremendous growth on both a year-over-year and sequential basis. Importantly, we have managed this…

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