FridayFeb 06, 2009 12:20 pm

Omniture, Inc. (OMTR) Stock Up More than 20% on Positive Financial Results

Yesterday, Omniture announced its financial results for the fourth quarter and fiscal year ended December 31, 2008. Omniture achieved record revenues during the fourth quarter, totaling $83.0 million, a 93% increase over the $43.1 million reported for the fourth quarter of 2007. "We are seeing real proof points that our transition from a web analytics company to an optimization company has been completed. For example, our annual deal size has increased by over 50% from 18 months ago and 50% of our bookings are now coming from up-sells and cross-sells of optimization products to our existing customers," commented Josh James,…

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FridayFeb 06, 2009 9:14 am

Skyworks Solutions, Inc. (SWKS) Announces Successful Q1 FY 2009

Yesterday after the closing bell, Skyworks Solutions announced that revenue for the first fiscal quarter of 2009 totaled $210.2 million, compared to the $210.5 million generated during the same period a year earlier. More impressively, the company reported Non-GAAP diluted earnings per share for the quarter was $0.17, $0.02 better than consensus estimates. David J. Aldrich, President and CEO of Skyworks, stated, “…Skyworks delivered solid financial performance and outperformed in the first fiscal quarter of 2009 driven by accelerating energy management program ramps, new analog component product launches and smart phone demand. During the quarter we generated $75 million of…

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FridayFeb 06, 2009 9:05 am

Aeolus Pharmaceuticals, Inc. (AOLS.OB) Reports First Quarter Fiscal Year 2008 Financial Results

Today, Aeolus Pharmaceuticals announced that it has generated a net loss of $459,000, or $0.01 per basic share, for the three months ended December 31, 2008. This compares to a loss of $641,000, or $0.02 per basic share, for the three months ended December 31, 2007, a decrease of 28%. John L. McManus, President and CEO, stated, “Results for the quarter continue to demonstrate our success in reducing overhead and successfully partnering with universities and the government to further the development of AEOL 10150. While making wise use of our cash is important, it is also critical that we move…

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FridayFeb 06, 2009 6:53 am

Axial Vector Energy Corp.’s (AXVC.PK) Majority Owned Joint Venture with Constellation Capital Management

Recently, Axial Vector Energy Corp. announced that it has entered into a Joint Venture Agreement with Constellation Capital Management, LLC (“Constellation”) of Novato, Calif. The Joint Venture is 80% owned by Axial Vector and will have the exclusive right to market the company’s proprietary generating equipment to replace existing generators in the United States wind power industry. Retrofitting existing U.S. wind power projects with AVEC generators will result in substantial increases in power generation, revenues and profits. Axial Vector’s proprietary coreless axial flux permanent magnet generators have significant efficiency advantages when compared to the generators currently being used within the…

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ThursdayFeb 05, 2009 10:21 am

Vital Products, Inc. (VTLP.OB) Approached by $300 Million International Manufacturer to Develop Bio-Based Packaging System

Today, Vital Products, Inc., a multi-channel innovator in the industrial packaging sector, announced that has begun collaborating with a $300 million international manufacturer to potentially design and develop a bio-based foam in place packaging system. Vital Products Chief Executive Officer, Michael Levine stated, "The system is a pre-filled package containing our bio-based foam thus eliminating the use of a dispensing system. This technology offers an innovative and highly protective packaging with no equipment or start up costs." Mr. Levine added, "Now that we have begun sales of our bio-based foam we are always looking for new markets to utilize our…

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ThursdayFeb 05, 2009 7:14 am

Beacon Equity Research Calls Zila, Inc. (ZILA) an “Absolute Bargain Right Now”

Zila, Inc. (ZILA) is dedicated to the prevention, detection and treatment of oral cancer and other periodontal diseases. The company’s flagship product, ViziLite Plus, is designed for the early detection of oral abnormalities that often lead to cancer. It is recognized as the first and only medical device that has been cleared by the FDA for use in a population at an increased risk for oral cancer. The company also designs, manufactures and markets an entire suite of proprietary products that are sold directly to dental professionals for periodontal disease. These products include the Rota-Dent powered toothbrush, the Pro-Select ultrasonic…

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ThursdayFeb 05, 2009 7:07 am

PetroHunter Energy Corp. (PHUN.OB) Announces Addition to Management Team

Today, PetroHunter Energy Corp. announced that it has appointed J. Chris Steinhauser as its Chief Financial Officer. Mr. Steinhauser has more than 27 years of experience in the energy and financial industries. Mr. Steinhauser has held senior management positions with both private and public natural resource companies including Sharon Energy Ltd., Beta Oil and Gas, Inc. and GeoPetro Natural Resources Company. He began his financial career with Peat, Marwick, Mitchell & Co., a predecessor to Big Four accounting firm KPMG. "We are fortunate to have secured the services of a financial professional like Chris with his industry background," commented Charles…

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ThursdayFeb 05, 2009 6:54 am

HealthSport, Inc. (HSPO.OB) Recognizes Record Sales

Today, HealthSport, Inc. announced that together with its subsidiaries it has generated total product sales of approx. $630,000.00. The company's sales for January were 82.5% greater compared to its previous best sales month of $345,000.00 in December 2008. Hank Durschlag, CEO of HealthSport, Inc., stated, "In each of the past 3 months, we have set a new monthly sales record. Our relationship with Enlyten, LLC in Tulsa has proven to be instrumental in our sales growth, and if they continue to grow and increase their orders, we could become profitable in the near future.” Let us hear your thoughts below:

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ThursdayFeb 05, 2009 6:47 am

Clarient, Inc. (CLRT) CEO Issues Performance Update; Anticipates Profitable Growth in 2009

Clarient, Inc. is focused on providing the services, resources and critical information necessary to improve the quality and reduce the cost of patient care as well as accelerating the drug development process. Today, the company released the following corporate update to shareholders: Dear Clarient Shareholders: After a crucial Allied victory early in World War II, Winston Churchill observed, “Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” January marked Clarient’s four year anniversary. During that time, we have made tremendous strides in transforming our business…

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WednesdayFeb 04, 2009 12:01 pm

Axial Vector Energy Corporation (AXVC.PK): Internal Combustion Engines of the Future

Axial Vector Energy Corporation (AVEC)'s Axial Vector engine is one of the leading disruptors of traditional combustion-engine technologies in the world today. With no major innovations in the industry for nearly seven decades, it is apparent to AVEC that change is desperately needed in a time when pressure to implement new and more efficient energy solutions is astronomical. AVEC has partnered with Adaptive Propulsion Systems to develop the Axial Vector engine for military application. As per a standing agreement, Adaptive will cover development costs for AVEC's Workhorse 7.2 multi-fuel engine. The company has exclusive rights to sell to the militaries…

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