Beamz Interactive Bundles Virtual DJ Software as a Holiday Bonus

Beamz Interactive, Inc. (OTCQB: BZIC), a leading developer of state-of-the-art interactive music products, announced this week that it would bundle the Beamz Edition of the Virtual DJ LE software as a holiday bonus. The move comes as management has been trying to break into the amateur DJ market, where the Beamz by Flo can be used as a controller.

The Virtual DJ LE software runs on a Mac or PC and tightly integrates the Beamz by Flo hardware so consumers can use the interactive music system with their own music library. With over 50 million active users per year, the award winning Virtual DJ software could help make the Beamz by Flo even more attractive as a gift for both home users and aspiring DJs this holiday season.

Investors in the music space, including companies like Dolby Laboratories Inc. (NYSE: DLB) or DTS Inc. (NASDAQ: DTSI), may want to take a closer look at Beamz Interactive ahead of the holiday season given its ongoing promotions and celebrity endorsements.

Read the full press release discussing the software bundle here:

Beamz Interactive, Inc. (OTCQB: BZIC), a leading developer of state-of-the-art interactive music products, today announced that the Beamz Edition of the Virtual DJ LE software will be offered as a Holiday Bonus with any purchase of the Beamz by Flo interactive music product. The Beamz Edition of the Virtual DJ LE software is a special build of the world’s most popular DJ software that easily integrates with the Beamz by Flo product line so that consumers and aspiring DJs may use the Beamz by Flo hardware with their own music library. Customers may request the bonus software when registering their Beamz hardware online through January 3, 2014.

The Beamz Edition Virtual DJ LE software features a unique “skin” that is ideal for consumers and aspiring DJs to use the Beamz as a controller with their own music library. This skin allows full integration of the Beamz by Flo hardware with Virtual DJ LE software on a PC or Mac computer. Virtual DJ, by Atomix Productions, is used by over 50 million active users per year and won the award for Best DJ Software at the 28th Annual International Dance Music Awards in 2013.

“Virtual DJ software is a fantastic addition to the Beamz by Flo product for our customers to do even more with music using our innovative hardware,” said Al Ingallinera, Vice President of Product Management for Beamz Interactive. “The software is setup for consumers and aspiring DJs to easily get creative experimenting and mixing with their own music library using the Beamz. It’s great fun to make real-time loop playback adjustments and rapid cue points by simply tapping the red laser beams of Beamz by Flo. For anyone that has used a free ‘home DJ’ application, now is the time to use a controller that’s easy to master and frees you from the limitations of trying to mix just using a computer keyboard.”

Beamz by Flo allows people of all ages to experience the fun and excitement of creating interactive music by simply moving their hands through laser beams. Utilizing Beamz Interactive’s proprietary technology, users can create custom versions of some of today’s most popular songs, then instantly record and share their songs with friends. Consumers may also record the mixes they create using Beamz with their own music library using the Virtual DJ LE software.

For a video introduction to the Beamz Edition Virtual DJ LE software, please visit:
www.thebeamz.com/virtualdj

For more information about the Beamz by Flo product line, please visit:
www.beamzbyflo.com

About Beamz Interactive, Inc.

Based in Scottsdale, AZ, Beamz Interactive, Inc. (OTCQB: BZIC) has created state-of-the-art interactive laser controller technology that can be used to develop new market opportunities in a wide variety of music, education, healthcare, gaming and consumer applications. In its first application, the Company developed an innovative new music technology and product offering that brings music to literally everyone in a way that was previously not possible. Beamz allows people that have no musical background or training to play and enjoy music within minutes, yet it has the depth to enable accomplished DJs, artists and musicians to perform, compose and create highly sophisticated interactive music. Beamz Interactive’s technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices. For more information on Beamz, please visit: www.thebeamz.com.

Follow Beamz on FacebookTwitter and YouTube.

For comprehensive investor relations material, including fact sheets, multimedia resources, and videos regarding Beamz, please follow the appropriate link: Investor PortalBeamz Product Video, and Investor Fact Sheet.

WQN Inc. (WQNI) Featured by Select Penny Stock

WQN Inc. (Pink Sheets: WQNI), a provider of mobile advertising and application development, similar to companies like Mimvi Inc. (OTCBB: MIMV) and Google’s (NASDAQ: GOOG) apps division, was recently featured by Select Penny Stock.

According to the article, “Enormous gains for WQNI ahead! New marketing program signed with a leading provider of next-generation mobile advertising will take WQNI’s RatedSafe FREE 30 Day trial of mobile parental controls to a network of 13 MILLION Smart Phones!”

To read the complete article, click on the link below:
https://accelerize.basecamphq.com/projects/9212996/file/113481809/WQNI_TEST_SEND_0228.html

About WQN Inc.

WQN, Inc. is headquartered in Dallas, Texas and is one of the first companies to make purchasing high quality, low cost international calling services available to customers via the Internet. For more than 14 years, over half a million customers have trusted WQN, Inc. for their international calling needs.

 

Liberator (LUVU) Increases Exposure through American Scene National Radio Program

Liberator Inc. (OTCBB: LUVU), a dynamic high-growth company capitalizing on the emerging sexual wellness revolution through the worldwide marketing of the Liberator® brand, similar to companies like The Female Health Company (NASDAQ: FHCO) and New Frontier Media Inc. (NASDAQ: NOOF), recently announced that it will be featured on the American Scene national radio program with Steve Crowley on Monday, February 6, 2012 at 11:24am EST.

Liberator, Inc. (OTCBB/OTCQB: LUVU), a dynamic high-growth and vertically integrated company capitalizing on the emerging sexual wellness revolution through the worldwide marketing of the Liberator® brand, is pleased to announce that Chief Marketing Officer, Michael Kane, will be featured on the American Scene national radio program with Steve Crowley on Monday, February 6th at 11:24 am Eastern Standard Time. Listeners can tune in at: www.moneychannel.tv to hear the interview.

Steve Crowley’s American Scene national radio show, owned by the Money Channel Inc., airs for three hours daily Monday through Friday. American Scene has over 3,000,000 listeners on the three-hour daily radio broadcasts and airs on hundreds of radio channels nation-wide through the IRN/USA Radio Network affiliates.

“We had the pleasure of being interviewed by Steve Crowley at the FSX Conference in Dallas this past week and look forward to sharing this interview with his national radio audience,” commented Mr. Kane, Chief Marketing Officer at Liberator. “Liberator is a pioneer and early leader in the sexual health & wellness industry, having sold over $60 million worth of our branded Liberator products to date.  As we continue to expand our sales and increase our awareness in 2012, be believe Liberator is uniquely positioned to benefit from the rapid shift to mainstream demand for sexual products, as exemplified by our expansion into mass market retailers such as Walgreens.com and Drugstore.com.”

In addition to the national radio program American Scene, Money Channel also produces a national weekly television program, WallStreetCast, which airs on the FOX Business Network during certain times of the year. American Scene was launched nationally in June 1990, and WallStreetCast has been produced since 2005. Both programs feature more than 200 well-known financial experts that are interviewed in constant rotation… from Steve Forbes, Tobin Smith, Beth Dater, Larry Kudlow plus many more.

About The Money Channel Inc.

Headquartered in Coconut Creek, Florida, The Money Channel Inc. has operated as a media company since 2004. Its CEO, Steve Crowley is the former Money Editor of ABC’s Good Morning America, a former Price Waterhouse and Co. CPA-Manager, as well as the author of Money for Life, published by Simon & Schuster Inc.  Mr. Crowley and his team have produced more than 9,000 national Radio and Television programs since 1982 in markets ranging from New York to San Diego and from Seattle to Miami. American Scene Radio is also co-branded with Investors Business Daily and with “thestreet.com” founded by Jim Cramer.

For more information, please visit: www.moneychannel.tv

About Liberator, Inc.

Liberator, Inc. is a dynamic high-growth and vertically integrated public company capitalizing on the emerging sexual wellness revolution through the worldwide marketing of the Liberator® line of products, the luxury and lovestyle brand that celebrates intimacy by inspiring romantic imagination. Established with the conviction that sensual pleasure and fulfillment are essential to a well-lived life, Liberator Bedroom Adventure Gear® empowers exploration, fantasy and the communication of desire, for persons of all shapes, sizes and abilities. Products include Liberator shapes and positioning systems, pleasure objects, and sensual accessories.  Liberator, Inc. is currently housed in a 140,000 square foot vertically integrated manufacturing facility in a suburb of Atlanta, Georgia. Liberator, Inc. has over 100 employees, with products being sold directly to consumers and through hundreds of domestic resellers, on-line affiliates and six international licensees. The company is known for cutting-edge advertising and product branding. Since inception in 2002, Liberator has sold over $60 million of branded Liberator products.

Liberator operates an online retail e-commerce website at: www. Liberator .com and can be followed on Twitter at: www.twitter.com/ Liberator.

Forward-Looking Statements

In addition to historical information, this press release may contain forward-looking statements that reflect the company’s current expectations and projections about future results, performance, prospects and opportunities. These forward-looking statements are based on information currently available to us and are subject to a number of risks, uncertainties and other factors that may cause actual results, performance, prospects or opportunities to be materially different from those expressed in, or implied by, such forward looking statements. You should not place undue reliance on any forward-looking statements. Except as required by federal securities law, the company assumes no obligation to update publicly or to revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available, new events occur or circumstances change in the future.

Nevada Geothermal (OTCBB: NGLPF, TSX-V: NGP) Reports Progress during Third Quarter

Nevada Geothermal Power Inc. (OTCBB: NGLPF, TSX-V: NGP), a provider of renewable clean geothermal energy in the Western U.S., similar to companies like NV Energy Inc. (NYSE: NVE) and Ormat Technologies, Inc. (NYSE: ORA), recently reported progress during its third quarter.

Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP.V) (OTCBB: NGLPF.OB) today announced results for the quarter ended September 30, 2011.   The Condensed Consolidated Interim Financial Statements and Management’s Discussion and Analysis (MD&A) are available at www.sedar.com and on the Company’s website at http://www.nevadageothermal.com.

Highlights

  • $7.9 million grant received under the American Recovery and Reinvestment Act of 2009 (“ARRA”).
  • Blue Mountain production for the quarter (66,210 MWh (net)) lowered by an auxiliary pump failure and resulting outage of one of the three power modules.
  • Second Anniversary payment of $200,000 provided for under the Crump Geyser joint venture agreement received from Ormat Nevada Inc. during October 2011 .
  • Crump Geyser joint venture acquired state geothermal leases totaling 15,389 acres contiguous with existing private leases and covering highly prospective land in Warner Valley basin.
  • Project work focused on the recently acquired New Truckhaven property, as well as on the North Valley and Pumpernickel projects.
  • Discussions with EIG Global Energy Partners regarding potential restructuring of loan terms continued.

The Company adopted International financial reporting standards (“IFRS”) during the quarter, and comparative numbers have been restated. Full reconciliations between previously published Canadian GAAP and restated IFRS numbers are provided in the Condensed Consolidated Interim Financial Statements.

Brian Fairbank , President and CEO, said, “The Blue Mountain Geothermal Project continues to generate significant positive cash from operations. The Faulkner 1 plant returned to routine operations on October 29, 2011 , following a pump failure which shut down one of the three power units for a part of September and October.   A program to place three existing wells into service as injection wells, recently underway, is designed to moderate and stabilized production well temperature declines. Cooler ambient air temperatures will allow for increased power production levels over the winter months ahead.  We are working with our lenders in order to achieve a sustainable funding structure for the Blue Mountain project. Work on our pipeline of geothermal properties continues, including Crump Geyser funded by Ormat, New Truckhaven and Pumpernickel.

Click Here to View Complete Results

About Nevada Geothermal Power Inc.:
Nevada Geothermal Power Inc. is an experienced renewable energy producer focusing on the development of CLEAN electrical power from high temperature geothermal resources in the United States .  NGP currently owns a 100% leasehold interest in several properties in Nevada and California , and a 50% interest in Crump Geyser, in Oregon .  These properties are at different levels of exploration and development.

This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  We have tried, whenever possible, to identify these forward-looking statements using words such as “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “potential” and similar expressions.  These statements reflect our current belief and are based upon currently available information.  Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company’s actual results, performance or achievements to differ materially from those expressed in or implied by such statements.  We undertake no obligation to update or advise in the event of any change, addition, or alteration to the information catered in this Press Release including such forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

MacroSolve (MCVE) to Present at WallStreet Research Conference

MacroSolve Inc. (OTCQB: MCVE), a developer of business applications for mobile environments and owner of a landmark mobile patent, similar to companies like Glu Mobile Inc. (NASDAQ: GLUU) and Acacia Research Corporation (NASDAQ: ACTG), recently announced that it will be attending the WallStreet Research Conference on November 15th and 16th.

WallStreet Research™ (WSR), a leading independent analyst research firm focusing on the small and micro cap marketplace, announced today that it is scheduled to commence its Small Cap Conference VII with opening ceremonies and welcome at the NASDAQ Marketsite®, Times Square on Tuesday afternoon, November 15th and will feature a number of emerging growth companies at the Penn Club of New York , 30 W 44th Street later that afternoon and on all day on Wednesday, November 16th to a group of professional and accredited investors. For more information, schedule and online registration, visit www.SmallCapConference.org.

(Logo:  http://photos.prnewswire.com/prnh/20110930/LA78306LOGO)

Mr. Alan Stone , Managing Director of WallStreet Research™ and conference organizer commented: “We are pleased to continue our Small Cap Conference series. This seventh sequential major event will feature a strong line up of companies and investors, numerous formal and informal networking, presentation sessions, lectures and keynote speeches, including remarks by Donald Trump, Jr. and keynote address by Brian Tierney, Esq. The conference will also provide additional exposure opportunities for emerging companies, such as photo shoots, video interviews, webcasting, WSR corporate profile distributions and meetings with members of the media.”

The corporate presentations will be made by an impressive group of underfollowed public companies such as Neostem, Inc. (AMEX: NBS), Implant Sciences (OTC: IMSC.PK), MacroSolve, Inc. (OTC: MCVE.PK), Spartan Gold, Ltd. (OTC: SPAG.OB), CUI Global, Inc. (OTC: CUGI.OB), UXA Resources, Ltd. (ASX: UXA.AX) and OnStream Media (NASDAQ: ONSM). Private companies presenting include Chestnut Petroleum, Inc., Gen Audio, Inc., CT Group, Fortune Oil and Gas, and Linkstorm. To view the detailed conference schedule visit www.SmallCapConference.org.

Conference admission is complimentary only to qualified investment professionals such as fund managers, retail brokers, security analysts, media members and accredited investors who are pre-registered online and approved by WSR. All of the individual company webcasts by Onstream Media can be accessed live on November 15th and 16th at http://www.visualwebcaster.com/event.asp?id=83636, where it will be archived for 90 days.

Sponsors of the WallStreet Research Small Cap Conference include NASDAQ OMX®, NYSE Euronext®, OTC Markets, PR Newswire, Fox Business/The Mangru Report, OnStream Media, Digital Gate Communication, Corporate Profile, Opportunist Magazine, San Diego Investment Conference and Southern California Investment Forum.

WallStreet Research™ also plans to host an upcoming Southern California Investment Forum (SCIF) in Newport Beach and Los Angeles on December 19-20th . Details and registration are at www.SouthernCaliforniaInvestmentForum.com.

For a recent cover story about Alan Stone and WallStreet Research™ in the Opportunist Magazine, go to http://opportunistmagazine.com/alan-stone-thinking-small-to-win-big-name/.

About WallStreet Research™

WallStreet Research™ (www.WallStreetResearch.org) is a prominent research boutique led by Alan Stone , Managing Director of Alan Stone & Company, LLC (ASC). The firm specializes in the micro- cap and small- cap investment arena, seeking emerging growth companies with strong management, unique or proprietary technology, significant market potential, financial strength and outstanding long-term earnings growth possibilities. WallStreet Research and Small Cap Conference are ranked number one on all major search engines globally. Mr. Stone was previously a senior analyst and assistant portfolio manager at Merrill Lynch Asset Management (now known as BlackRock), overseeing one of the largest mutual funds in high yield bonds and small cap equities, a senior analyst at the Prudential Capital Markets Group, involved in private placements and an investment banker at Ladenburg Thalmann & Co. specializing at IPOs, private placements and institutional brokerage. He was also the Director of the American Stock Exchange Security Analysts Forum and AMEX CLUB® in Southern California . Mr. Stone is a cum-laude economics graduate of the Wharton School, University of Pennsylvania and holds an MBA in Finance with a high honors from New York University . He also completed additional studies in politics and economics at the London School of Economics . More information on WSR is available at www.WallStreetResearch.org.

This information is not to be construed as an offer to sell, nor a solicitation of an offer to purchase, any securities referred to herein or otherwise.

 

Gryphon Gold (OTCBB: GYPH, TSX:GGN) Appears Significantly Undervalued

Gryphon Gold Corp. (OTCBB: GYPH), a precious metals exploration and development company located on a very promising property in Nevada, appears undervalued after reviewing their updated NI 43-101.

NI 43-101 Shows Significant Gold Resources

Gryphon Gold completed a NI 43-101 compliant pre-feasibility study in April of 2011 that showed very promising results. The report projected production of 368,800 ounces of gold mined, 238,504 ounces of gold recovered, and 40,00 ounces of annual gold sales. With a gold cash operating cost of just $476/oz. for the first 2 years, and an average cost of $822/oz. over the life of the mine, the project is expected to produce an internal rate of return in excess of 344%.

In an August 2011 investor presentation, the company used this data to show that it could generate total net revenues of $50.9 million with $1,500 per ounce gold prices. And with its net operating loss carryforwards (NOLs), this would translate to a significant net income in the near-term that would only increase if gold prices remain at current levels or move higher.

Gryphon Gold Trades at a 1x Forward Multiple

Gryphon Gold currently trades with a market capitalization of just $54.3 million, as of October 21, 2011. With estimated net revenues in excess of $50 million during the first year of production, this means that the stock could be substantially undervalued at these levels. In fact, the company’s forward price-earnings multiple – a commonly used valuation metric – is an ultralow 1x.

And contrary to what the current valuation suggests, these revenues and net income are not distant prospects. The company announced on October 17th that it has already begun shipping loaded carbon to Just Refiners Inc. of Reno, NV. The first production shipment was 4.05 wet tons of carbon loaded with gold and silver and should help the firm report its first revenues this quarter.

A Great Investment Opportunity

Gryphon Gold represents a great investment opportunity at its current levels. With revenues on the way this quarter and drilling already commenced, investors can expect to see results in quarters not years. And in an uncertain economy where consumer spending remains lackluster, the company’s primary product (gold) is one of the only true safe-havens.

To learn more about this unique opportunity, see the following links:

 

Miranda Gold (MAD): Executing on Promising Gold Properties

Miranda Gold Corp. (TSX.V: MAD) (OTCBB: MRDDF) is a gold exploration company active in Nevada, Alaska and Colombia. With a classic joint-venture business model, similar to companies like Mirasol Resources (TSX.V-MRZ) and Yamana Gold Inc. (TSE: YRI),the company seeks to develop world-class gold properties at a time when the commodity is trading at record highs.

Currently, the company has 17 properties with 9 projects actively joint ventured with companies like Agnico-Eagle (USA) Inc. and Ramelius Resources Ltd. Last year, the firm saw about $3.7 million in partner spending, while that number is expected to increase significantly in 2011 and beyond as its properties continue to show promise and move closer to commercialization.

A Proven Model that’s Being Implemented

Miranda Gold’s joint venture business model involves shifting capital costs to an external entity while retaining some rights to the property. Its partners can opt to earn a 70% interest by completing a bankable feasibility study or incurring $10 million in exploration costs at a rate of $1 million per year for 10 years, with a $400,000 first year obligation.

By implementing this strategy on seven of its properties, the company saw $275,000 in cash payments in 2009 and holds a portfolio of five  junior mining stocks that made equity payments. Investors are hoping that these properties eventually produce NI 43-101 compliant reports that can help boost its balance sheet, while moving closer towards eventual commercialization.

Gold Properties Hold Significant Potential

Miranda Gold has a number of properties that have shown tremendous potential. Its Red Canyon, NV property has a big alteration system that assayed 2.95g  Au/t of gold in 2010 when eight holes were drilled (assays for the 2011 drilling are pending); its Red Hill, NV property assayed 8.1g  Au/t of gold in 2006 and is now being drilled by a new partner; and its Angel Wing, NV property which is currently being drilled has surface samples that assay up to 92.5g Au/t in outcrop.

With gold prices trading near their all-time highs, investing in junior exploration companies could be very rewarding. The company currently has drill rigs active on three projects, is awaiting assays from drilling on 2 projects and expects to see 2 additional projects drilled in the 4th quarter of 2011. –Its quality project in Nevada, and aggressive expansion into Colombia, has made it a world-class play on the yellow commodity.

A Great Investment Opportunity

Investors looking for a mature gold exploration company with many prospects and several existing joint venture partners should take a closer look at Miranda Gold Corp. (TSX.V: MAD) (OTCBB: MRDDF).

Here are some resources to take a look at:

Osage Exploration (OEDV): A Rare Opportunity in the Oil and Gas Sector

Osage Exploration and Development Inc. (OTCBB: OEDV) may be a microcap oil and gas company trading on the OTCBB, but its positive cash flows and promising development opportunities make it more akin to an early-stage Nexen Inc. (TSE: NXY) or TOTAL SA (NYSE: TOT). By capturing unrecognized value in select oil and gas assets, the company has positioned itself to consistently grow shareholder value.

Key Highlights

  • Positive Cash Flow. Osage reported free cash flow of nearly $3 million last quarter from its Colombian property and pipeline.
  • Enormous Potential. Osage has acquired more than 10,000 acres of strategically-located property in Oklahoma that holds enormous potential.
  • Significantly Undervalued. With a market capitalization of just $23 million, Osage appears significantly undervalued given its cash flow and potential.

Strong Backbone from Colombian Property

Osage Exploration and Development is a rare microcap oil and gas company with positive cash flows and promising prospects. Through a partnership with Pacific Rubiales Energy (TSE: PRE), the company produces approximately 550 barrels per day from its Guaduas Field and owns a stake in the Guaduas-La Dorada oil pipeline that has a tariff of about $1.705 per barrel and a capacity of 35,000 bpd.

During the quarter ended June 30, 2011, the company generated revenues that increased 157% to $962,450 and net income that reached $2,768,120, or six cents per share. Meanwhile, the firm’s balance sheet showed a current ratio of 3.29 with more than $3.2 million in cash and cash equivalents. Finally, the company’s free cash flow jumped nearly $3 million during that quarter alone.

“Company Maker” Potential in Oklahoma

Osage Exploration and Development may have a strong backdrop in Colombia, but its real potential lies in Oklahoma. Well-known in the oil and gas sector for its large net pay, the state houses some of the most economic oil plays on the planet. The company has acquired numerous oil and gas leases in the region targeting the Mississippi formation.

Earlier this year, the company entered into an agreement with Slawson and USE to acquire 45% and 30%, respectively, or their 10,000 acre Nemaha Ridge property for $4,875,000. With these companies in place as operators, the firm could see production as early as next year. The economics of the region suggest that this production could be upwards of 16 million barrels.

A Great Investment Opportunity

Osage Exploration and Development Inc. (OTCBB: OEDV) currently trades with a market capitalization of just $23 million, which pales in comparison to its vast potential in Oklahoma. Meanwhile, the positive cash flows from its Colombian operations should help fund the development of these properties and curb any potential dilution for existing shareholders. As a result, this is one stock worth considering.

For more information, please see the following resources:

 

TheraBiogen Announces Walgreens is Now Selling Its Products Nationwide

TheraBiogen Inc. (OTCBB: TRAB) is a manufacturer and distributor of homeopathic nasal sprays designed to combat cold, flu and allergy symptoms. Unlike other over-the-counter providers, like Par Pharmaceutical Company Inc. (NYSE: PRX) or Watson Pharmaceuticals Inc. (NYSE: WPI), the company’s products have a very efficient nasal drug delivery method that has no direct competitors.

TheraBiogen, Inc. (OTC.BB: TRAB) is pleased to announce it is in agreement with Walgreens for distribution nationally in all their approximately 7500 locations for the 2011-2012 cold and flu season.

TheraBiogen has been selling TheraMax® Cold & Flu Relief and TheraMax® Allergy Relief since the beginning of the 2010 Fall season. Consumers nationwide have embraced the new products in their initial launch. Kelly Hickel, CEO of TheraBiogen, Inc., said, “We are very excited that Walgreens, the number one drug retailer in the world, will make TheraMax® Cold & Flu Relief available to consumers in all their locations nationally. As we expand distribution, we expect to see the same continued support from consumers that we have seen since our launch last fall.”

About TheraBiogen, Inc.

TheraBiogen, Inc. is the manufacturer and distributor of homeopathic nasal sprays for aiding in the relief of allergies and cold and flu symptoms. The products are made from natural, homeopathic ingredients and contain no zinc, which has been identified as potentially causing nasal problems in other similar products on the market. For further information please visit www.theramaxrelief.com or our Facebook page at facebook.com/theramaxnasalspray.

Safe Harbor Statement

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21 E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that these forward-looking statements involve uncertainties and risk that could cause actual performance and results of operations to differ materially from those anticipated. These risks are set forth in the Company’s most recently filed form 10-K and Form 10-Q reports. TheraBiogen, Inc. assumes no obligation to update the statements contained in this release except as required by applicable securities disclosure rules.

 

ITEX Corporation (ITEX): A Leader in the Business-to-Business Barter Community

ITEX Corporation (OTCBB: ITEX) is the largest cashless barter exchange in North America for small businesses, similar to companies like International Monetary Systems Inc. (OTCBB: ITNM). Unlike many of its competitors, its business model has been consistently profitable for eight years, spinning off significant operating cash flows and trades at a discount to its intrinsic value.

Barter Industry has Tremendous Potential

Bartering is a great  tool for companies that  aim to conserve cash  or are looking for new customers. Unfortunately, geographic limitations have held back the industry from its true potential for years. With more than 24,000 member businesses and 90 franchises throughout the United States, ITEX Corporation is  assisting its clients with its online Membership Trading Communityplatform.

According to the International Reciprocal Trade Association, more than 400,000 businesses transacted $12 billion in barter transactions around the world in 2009/10. The number could grow substantially as entrepreneurs and small businesses discover the tremendous value in bartering. And as the largest U.S. barter exchange, ITEX Corporation is well-positioned in the market.

Profitable Play Delivering Shareholder Value

Last quarter, ITEX Corporation generated revenues of $3.96 million and net income of $239,000, or $0.07 per share. With earnings of $0.23 per share last year, the company trades with a price-earnings multiple of about 16x. When you take into account the $5.66m tax asset on the balance sheet, a better metric is income before taxes which was $1.557 last year, generating earnings of $0.44 per share and a price-earnings multiple under 10x. and the Company recently won an 8-year legal battle which should lower legal expenses going forward helping increase  the bottom-line in the next fiscal year.

Meanwhile, the company’s balance sheet included $14.7 million in shareholders’ equity and more than $4.7 million in cash and equivalents. With a market capitalization of just $13.49 million, these figures suggest that the stock is significantly undervalued at its current levels. The company is working to improve its shareholder value through a 4.3% dividend (as of the date of this story) andshare buyback program.

A Great Investment Opportunity

ITEX Corporation operates the largest barter exchange in the United States with a profitable business model and active programs designed to unlock shareholder value. As a result, this is one company that investors may want to consider for their portfolios.

For more information, please check out the following resources:

Vringo (Amex: VRNG) Launches Exclusive Star Academy Product with Rotana and Nokia

Vringo Inc. (Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, similar to companies like LiveWire Mobile, Inc. (Pink Sheets: LVWR) and MacroSolve Inc. (Pink Sheets: MCVE), recently announced the launch of its exclusive Star Academy product with Rotana and Nokia.

Vringo, Inc. (NYSE Amex: VRNG), a provider of software platforms for mobile video applications and video ringtones, today announces the launch of its award-winning video ringtone platform throughout the Middle East via an ad-supported service tailored for Nokia mobile devices and Ovi Store customers. The free app is being launched in partnership with Rotana, a diversified media company and the world’s largest producer of music and music television in the Middle East, and sponsored by Nokia (NYSE:NOK – News). The application features exclusive content and fully integrated live voting capabilities for the blockbuster “Star Academy” reality music show, which reaches over 300 million viewers and is available in over 10 countries in the region.

“Our launch of the ‘Star Academy’ product represents an important new business model for Vringo,” said Andrew Perlman, Vringo’s President. “As the first implementation of our new Fan Loyalty platform, this joint service with Rotana and Nokia brings video ringtones and live voting from one of the world’s most popular shows to a broad range of consumers. Fans of Star Academy are passionate about their favorite stars and Vringo will allow them to enjoy their exciting performances as video ringtones and share them with their friends.”

Through this important alliance with Rotana and Nokia, Vringo is penetrating an exciting new market. Rotana’s position as the Middle East’s largest entertainment company, including Rotana Records, a film production company, magazine, television and music channels, will allow it to offer its exclusive content as video ringtones through the sponsored Vringo service. The new service will offer all of the Vringo platform’s service capabilities with full access to extensive content provided by Rotana.

“As the region’s largest entertainment company for quality content, we are always looking for ways to enhance our services and develop new means to reach out and build traction with the customer. We believe this new ad-driven business model will prove attractive to both end users and advertisers alike. The collaborative Vringo launch provides a new, fun and exciting way to engage with our customers and further differentiates our cutting-edge services,” said Wissam Yamout, Rotana’s Head of Digital Media.

Vringo offers a range of fully-hosted mobile video platforms for partners and consumers. Vringo’s award winning video ringtone platform is currently deployed with international partners in eight markets with new launches anticipated in the current quarter. Vringo’s scalable cloud-based distributed application architecture enables the partners’ subscribers to browse and download mobile videos, set them as video ringtones and instantly share them with friends. Vringo also has content partnerships with major content providers including EMI, T-Pain, Tiesto, Muhammad Ali, Turner, Marvel, Discovery Mobile, RTL, Ingrooves and Agence France-Presse.

About Nokia

Nokia is committed to connecting people to what matters to them by combining advanced mobile technology with personalized services. More than 1.3 billion people connect to one another with a Nokia, from affordable voice- optimized mobile phones to advanced Internet-connected smartphones sold in virtually every market in the world. Through Ovi (www.ovi.com), people also enjoy access to maps and navigation on mobile, a rapidly expanding applications store, a growing catalog of digital music, free email and more. Nokia’s NAVTEQ is a leader in comprehensive digital mapping and navigation services, and Nokia Siemens Networks is one of the leading providers of telecommunications infrastructure hardware, software and professional services globally.

For more information, please visit www.nokia.com.

About Rotana

Rotana is the world’s largest producer and distributor of Arabic music, movies and broadcaster of premium TV channels with direct operations and distributor partnerships worldwide. Rotana broadcasts a bouquet of TV channels and provide contents to TV channels, Telecom Operators, Service Providers Websites Operators & Content Aggregators.

For more information, please visit www.rotana.net.

About Vringo

Vringo (NYSE Amex: VRNG) is a leading provider of software platforms for mobile video services and video ringtones. With its award-winning video ringtone application and other mobile software platforms, Vringo transforms the basic act of making and receiving mobile phone calls into a highly visual, social experience. Vringo’s core mobile application, which is compatible with more than 400 handsets, enables users to create or take video, images and slideshows from virtually anywhere and turn it into their visual call signature. In a first for the mobile industry, Vringo has introduced its patented VringForward technology, which allows users to share video clips with friends with a simple call. Vringo has been heralded by The New York Times as “the next big thing in ringtones” and USA Today said Vringo’s application has “to be seen to be believed.” Vringo has launched its service with various international mobile operators, holds licensing deals with over 40 major content partners and maintains a library of more than 12,000 video ringtones for users in various territories. For more information, visit: http://ir.vringo.com.

For more information about how video ringtones work, visit: www.vringo.com.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Vringo expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.

 

Vringo (Amex: VRNG) Releases Online Video Covering Partnership with The Carphone Warehouse

Vringo Inc. (Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, similar to companies like LiveWire Mobile, Inc. (Pink Sheets: LVWR) and MacroSolve Inc. (Pink Sheets: MCVE), recently announced the availability of a new online video covering its partnership with The Carphone Warehouse in the U.K.

Vringo, Inc. (NYSE Amex: VRNG), a provider of software platforms for mobile video applications and video ringtones, today announces the release of an online video about its initiatives in the U.K. market presented by Vringo’s President, Andrew Perlman.

The video provides an overview of Vringo’s mobile operator partnerships in the U.K. and its recently embedded video ringtone service in the new ‘INQ Cloud Touch’ social smartphone available only through The Carphone Warehouse and Best Buy U.K.

In the video, Mr. Perlman states, “In the U.K. we’ve taken a very broad approach. We first launched with Everything Everywhere, which is the biggest mobile operator in the U.K. market.”

Mr. Perlman continued, “We also have a very big partnership with the retailer The Carphone Warehouse, which is 50% owned by Best Buy.”

Mr. Perlman concluded the video by discussing Vringo’s embedded service on the ‘INQ Cloud Touch’ social smartphone. He stated, “The INQ phone has been known as the ‘Facebook Phone’ because of the demographic it is targeting and we think the users of that device will also love the Vringo service. So we really look forward to deploying this with The Carphone Warehouse and widening the reach of our application and service.”

Vringo’s video ringtone app will be the first such platform embedded on Android mobile handsets in the U.K. and will be available to consumers when they start using their new phones. Vringo believes its agreement with The Carphone Warehouse, which is U.K.’s largest independent mobile phone retailer, will further support the introduction of Vringo’s video ringtone platform as well as its recently-announced launch of its paid service with Orange.

The video is available at: www.trilogy-capital.com/autoir/vrng_autoir.html

About Vringo

Vringo (NYSE Amex: VRNG) is a leading provider of software platforms for mobile video services and video ringtones. With its award-winning video ringtone application and other mobile software platforms, Vringo transforms the basic act of making and receiving mobile phone calls into a highly visual, social experience. Vringo’s core mobile application, which is compatible with more than 400 handsets, enables users to create or take video, images and slideshows from virtually anywhere and turn it into their visual call signature. In a first for the mobile industry, Vringo has introduced its patented VringForward technology, which allows users to share video clips with friends with a simple call. Vringo has been heralded by The New York Times as “the next big thing in ringtones” and USA Today said Vringo’s application has “to be seen to be believed.” Vringo has launched its service with various international mobile operators, holds licensing deals with over 40 major content partners and maintains a library of more than 12,000 video ringtones for users in various territories. For more information, visit: http://ir.vringo.com.

For more information about how video ringtones work, visit: www.vringo.com.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Vringo expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.

EcoloCap’s (OTCBB: ECOS) M-Fuel Could Save Chicago $40M a Year

EcoloCap Solutions Inc. (OTCBB: ECOS), an innovator of alternative energy products, similar to companies like A123 Systems Inc. (Nasdaq: AONE) and Fuel Tech Inc. (Nasdaq: FTEK), recently suggested that its M-Fuel could save Chicago $40 million per year through cost-savings and emissions reductions.

In an interview with Capital Situation, Michael Siegel, CEO of EcoloCap Solutions of Chicago, (www.ecolocap.com), stated that numerous independent tests have proven the company’s M-Fuel technology to reduce consumption of diesel fuel up to 30% while reducing emissions by over 70%, without any modifications to diesel engines of buses and trucks.

Invented using nanotechnology, M-Fuel is an emulsion of diesel fuel, water and a proprietary additive, developed by EcoloCap’s Korean team over the last few years. The Company is presently marketing the technology worldwide, having orders and memorandum of understanding with, governments, transportation and utility companies in over ten countries.

Siegel stated: “Taking an example in our own backyard, the skyrocketing price of diesel fuel will cost Chicago and Chicago’s transit agencies tens of millions of dollars more than anticipated this year, jeopardizing some proposed new services. With fuel costs rising and state funds scarce, the region’s mass transit agencies face a budget season full of tough decisions that could create a bumpy ride for passengers. The City of Chicago, along with Pace, the CTA, and Metra spend an estimated $200M in diesel fuel each year. The use of EcoloCap’s M-Fuel would save a minimum of 20% or some $40M annually, and that’s using the most conservative of our projections.”

Siegel added: “Another factor is that under the 2003 Clean Air Act, emulsified diesel fuels with a minimum 12.5% water make users eligible for an additional $0.197 IRS Tax Credit. As a result, end users could save up to $1.00 a gallon on the cost of diesel fuel at today’s prices.”

“School busses are one of the most notorious emitters of pollution with a negative impact on health, but federal budget deficits have forced the demise of the “Clean Diesel School Buses Program” that was supposed to combat this problem. M-Fuel will not only reduce emissions to within acceptable limits, but reduce the cost of fuel, all without any capital expenditure on the part the school districts.”

At the Chicago Transit Authority, officials said preliminary figures indicate they would have to grapple with another budget shortfall next year. Talk of fare increases and possible service cuts could be back on the table, just months after a state bailout enabled them to avert imposing those measures this year.

EcoloCap Solutions Inc. is listed on the Bulletin Board symbol: ECOS

 

CrowdGather (OTCBB: CRWG) Acquires Leading Paintball Enthusiast Forum

CrowdGather (OTCBB: CRWG), a leading provider of forum communities on the Internet, similar to companies like Quepasa Corporation (Amex: QPSA) and Snap Interactive Inc. (OTCBB: STVI), recently announced the acquisition of a leading paintball enthusiast forum, PBNation.com.

One of the leading networks of forum communities on the Internet, CrowdGather (OTCBB: CRWG), announced today that it has acquired the domain name, website, and assets related to PbNation.com one of the world’s largest online paintball communities according to Forbes and the Chicago Tribune.

The total purchase consideration for the PbNation.com site and assets is up to $3.2 million, consisting of $1.4 million in cash, 1,149,425 shares of the Company’s restricted common shares, and certain additional cash and stock compensation totaling up to $800,000 if certain monthly website visitor traffic milestones are achieved. The number of shares issued was calculated by dividing $1 million by the Company’s 10 day volume weighted average share price of $0.87 per share through Friday, May 20, 2011.

PbNation generates 20 million monthly pageviews and approximately 1.9 million monthly unique visitors. On a combined basis, the CrowdGather forum network will generate 155 million monthly pageviews and 15 million monthly unique visitors.

“Adding PbNation to our portfolio is a watershed event for CrowdGather team,” said Sanjay Sabnani, CrowdGather’s Chairman and CEO. “We believe that at 20 million monthly pageviews, PbNation is a cornerstone of the paintball enthusiast ecosystem and one of the largest independent forum communities in the world. From our initial review, we have found that PbNation has built up tremendous engagement in a very valuable demographic and we are very excited for what the future holds for us.”

Commenting on the transaction, PbNation President Ed Rieker said, “We have had discussions with all of the significant players in the forum world and felt that CrowdGather was ultimately the best home for our community. CrowdGather’s team and exclusive focus on forums gives us comfort that we have found a good home for our site and all the volunteers who contribute towards its success.”

About CrowdGather, Inc.

With its growing portfolio of special interest forums and enthusiast message board communities, CrowdGather (www.crowdgather.com) has created a centralized network to benefit forum members, forum owners and forum advertisers. CrowdGather provides a highly interactive and informational social network for members, a management and revenue-sharing resource for third-party forum owners, and a largely untapped advertising network for marketers worldwide.

About PBNation

Atlanta-based PbNation.com is an industry leader in the monetization of online forum-based communities generating a variety of revenue streams from the customization of the vbulletin platform.

PbNation.com is the largest interactive community on the Internet with a focus on the extreme sport of paintball. While the majority of the content is paintball related, approximately 30% of the content is non-paintball related including videos, gaming, outdoors, and other topics of interest to the mostly male user demographic. Since 2001 PbNation.com has been serving the paintball marketplace and providing the definitive online social gathering place for the discussion of all things related to paintball.

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth and business strategy. Words such as “expects,” “will,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company’s business; competitive factors in the market(s) in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

 

Vringo (Amex: VRNG) Provides Q1 Earnings Conference Call Transcripts

Vringo Inc. (Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, similar to companies like LiveWire Mobile, Inc. (Pink Sheets: LVWR) and MacroSolve Inc. (Pink Sheets: MCVE), recently announced that its first quarter earnings conference call transcripts are available.

Vringo, Inc. (NYSE Amex: VRNG), a provider of software platforms for mobile video applications and video ringtones, today announced the availability of the transcript for its first quarter 2011 earnings conference call, held on May 16, 2011.

During the conference call Jon Medved, Vringo’s CEO, stated, “As those who have been following the company can attest, we’ve been very busy and we’ve been active in signing up new deals and partnerships across a variety of territories as we put in place a strong platform for our future growth.”

Andrew Perlman, Vringo’s President noted, “Now that we have successfully launched our services in the U.K., as well as in the huge Indian market together with Hungama and 15 mobile operators, with planned additional major near-term launches in other European, North American and Asian markets, we believe that we will soon be able to scale the business in an even more dramatic way.”

Mr. Medved concluded, “We are pleased with our results for the first quarter of 2011 as we believe that it has really set the stage for Vringo’s future growth… We’ve become a publicly traded company. We’ve begun to monetize our software platforms with a variety of partners around the world. Our subscriber base has grown substantially. We have developed and are launching additional software platforms in addition to our original video ringtone flagship product. And we’ve demonstrated our intent to further grow our business through acquisitions with a proposed m-Wise transaction.”

During the conference call, Vringo’s management team discussed the company’s services in markets around the world, its proposed acquisition of m-Wise and details of its revenue and earnings numbers for the first quarter.

Interested parties are encouraged to read the full transcript of the conference call, available here:

http://www.trilogy-capital.com/autoir/vrng_autoir.html

About Vringo

Vringo (NYSE Amex: VRNG) is a leading provider of software platforms for mobile video services and video ringtones. With its award-winning video ringtone application and other mobile software platforms, Vringo transforms the basic act of making and receiving mobile phone calls into a highly visual, social experience. Vringo’s core mobile application, which is compatible with more than 400 handsets, enables users to create or take video, images and slideshows from virtually anywhere and turn it into their visual call signature. In a first for the mobile industry, Vringo has introduced its patented VringForward technology, which allows users to share video clips with friends with a simple call. Vringo has been heralded by The New York Times as “the next big thing in ringtones” and USA Today said Vringo’s application has “to be seen to be believed.” Vringo has launched its service with various international mobile operators, holds licensing deals with over 40 major content partners and maintains a library of more than 12,000 video ringtones for users in various territories. For more information, visit: http://ir.vringo.com.

For more information about how video ringtones work, visit: www.vringo.com.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Vringo expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.

 

Coastal Pacific (OTCQB: CPMCF) Fulfills Further Obligation on Hotstone Property

Coastal Pacific Mining Corp (OTCQB: CPMCF), an exploration-stage gold and silver mining company focused on resources in North and South America, similar to companies like Barrick Gold Corporation (NYSE: ABX) and Mirasol Resources Ltd. (CVE: MRZ), announced that it fulfilled further obligations on its Hotstone Property.

Coastal Pacific Mining Corp. (OTCQB: CPMCF) (“Coastal Pacific” or the “Company”) www.coastalpacificminingcorp.com, announced that it has fulfilled another component of its obligations under its Hotstone Gold Property Option Agreement (“Agreement”), entered into on October 6, 2010.

Under the terms of the Agreement, the Company’s requirement is to issue 1,000,000 shares and fund a total of $1,600,000 in order to earn our 50% interest; $100,000 is payable to the Optionor with the remaining $1,500,000 is to be contributed by way of exploration costs incurred.  The Company recently negotiated an extension to the Agreement, whereby the expenditure of exploration costs can now be expended before December 31, 2012.

With a payment of $50,000 having recently been made, we have now paid the entire $100,000 to the Optionor, and the 1,000,000 shares have been issued. We are current in all of our obligations under the agreement.

Mr. Joe Bucci, President of Coast Pacific, comments, “The Company is continuing with its efforts to obtain the financing required to meet its exploration cost obligations for both of its properties, though we are currently expending the majority of our available resources on the exploration on our Santa Rita property.  However, with the equally strong prospects for the Hotstone property, we are anticipating commencing the first phases of the Hotstone work in August or September of this year.”

The work program, to be managed and coordinated Coastal Pacific’s Vice-President of Exploration, David L. Gibson, will consist of Grid Line Surveying and Grid Cutting, IP Geophysical Survey, Geological and Geophysical Compilation, Mapping and Interpretation followed by an initial comprehensive Diamond Drilling program.

The Hotstone property is comprised of a 5 claim unit totaling approximately 120 hectares within the Greenlaw Township (the “Property”), located 50 km southeast of Chapleau, Ontario, and 130 km west-southwest of Timmins, Ontario, Canada.  The Hotstone property is located in the Swayze Greenstone Belt, which is an extension of the well known Abitibi Greenstone Belt – home of producing gold camps such as Kirkland Lake, Matachewan, Porcupine (Timmins) and the emerging West Porcupine Gold Mining Camp. The property is accessible by a gravel road running to the property.

Note that no statement in this release is to be construed as there presently being actual or potential reserves identified on the Hotstone Property.

About Coastal Pacific

Coastal Pacific activities are to explore, develop and mine gold and silver resources in North and South America. As its primary focus, Coastal Pacific will partner with companies having mineral properties to develop and produce. Currently the Company has option agreements in place for properties in Ontario, Canada and the Province of Huancavelica, Peru.

Our philosophy is to participate with companies who are in the later stage of exploration and are ready for development. Gold and silver have been used as currency for over 3,000 years. History has shown that in periods of market downturns gold and silver have proven to be a dependable hedge for investors against both inflation and any monetary crisis.

 

Midas Medici (OTCBB: MMED) Releases Corporate Overview Presentation

Midas Medici Group Holdings Inc. (OTCBB: MMED), an innovative green IT company in the fields of virtualization, cloud computing and data management, as well as Smart Grid Solutions, similar to companies like EMC Corporation (NYSE: EMC) and VMware Inc. (Nasdaq: VMW), recently announced the availability of a corporate overview presentation.

Midas Medici Group Holdings, Inc. (“Midas”) (OTCBB: MMED), an innovative green IT company in the fields of virtualization, cloud computing and data management, recently announced the availability of a Corporate Overview Presentation which has been posted on the company’s investor relations portal.

“We are pleased to release our corporate overview presentation,” said Nana Baffour, CEO and Co-Founder of Midas. “As part of our new financial communications initiatives we intend to use a variety of platforms and mediums to increase Midas’ awareness in the investor community, and we look forward to releasing additional details of our progress over the coming weeks and months.”

The presentation provides a clear overview of Midas’ unique position in the Green IT and Smart Grid sectors and highlights several recent developments and key attributes of Midas’ growth strategy.

The overview presentation is available at: http://www.trilogy-capital.com/autoir/mmed_autoir.html

About Midas Medici Group Holdings, Inc.

Midas Medici Group Holdings, Inc. (OTCBB:MMED.ob – News) is a green IT company that supplies mid-sized and select enterprises and institutions with leading-edge IT solutions in the fields of virtualization, cloud computing and data management, as well as working with utilities and other institutions to transform the electric grid through digital technologies. Across its Consonus and UtiliPoint brands, Midas works with its customers by optimizing IT and data center investments, cutting energy usage and preventing data loss, all while maximizing productivity. Through a management team with decades of experience, Midas is positioning itself to take advantage of the high-growth IT industry through its unique specialized services at the intersection of energy and technology.

For more information, please visit Midas Medici on the web at: www.midasmedici.com.

Safe Harbor Statement

This release contains certain “forward-looking statements” relating to the business of the Company and its subsidiary companies. All statements, other than statements of historical fact included herein are “forward-looking statements” including statements regarding: the Company’s business and operations; business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Vringo (Amex: VRNG) to Host its 2011 First Quarter Results Conference Call

Vringo Inc. (Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, similar to companies like Motricity Inc. (Nasdaq: MOTR) and Artificial Life Inc. (OTCBB: ALIF), recently announced that it would host its Q1 2011 conference call on May 16, 2011 at 10:00am EDT.

Vringo, Inc. (NYSE Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, will host a conference call on Monday, May 16, 2011, at 10:00 am Eastern to discuss its financial results for the first quarter ended March 31, 2011. Vringo’s Form 10-Q and corresponding earnings release is expected to be filed earlier that day.

“Vringo has entered 2011 with numerous product launches and new strategic partnerships,” said Jon Medved, Chief Executive Officer of Vringo. “We look forward to relaying our historical results on our upcoming conference call, as well as discussing our various subsequent events that we believe will have a significant impact on our growth potential going forward, such as our expansion into India and the recent launch of our Facetones service on the Android Market.”

The teleconference can be accessed by dialing 877-407-8031 when calling within the United States or 201-689-8031 when calling internationally. Please dial in 10 minutes prior to the beginning of the call. There will be a playback available until May 23, 2011. To listen to the playback dial 877-660-6853 when calling within the United States, or 201-612-7415 when calling internationally and use account number: 286, in conjunction with replay ID number: 372675.

The conference call will be simultaneously webcast and available at:

http://www.trilogy-capital.com/autoir/vrng_autoir.html

About Vringo

Vringo (NYSE Amex: VRNG) is a leading provider of software platforms for mobile video services and video ringtones. With its award-winning video ringtone application and other mobile software platforms, Vringo transforms the basic act of making and receiving mobile phone calls into a highly visual, social experience. Vringo’s core mobile application, which is compatible with more than 400 handsets, enables users to create or take video, images and slideshows from virtually anywhere and turn it into their visual call signature. In a first for the mobile industry, Vringo has introduced its patented VringForward technology, which allows users to share video clips with friends with a simple call. Vringo has been heralded by The New York Times as “the next big thing in ringtones” and USA Today said Vringo’s application has “to be seen to be believed.” Vringo has launched its service with various international mobile operators, holds licensing deals with over 40 major content partners and maintains a library of more than 12,000 video ringtones for users in various territories. For more information, visit: http://ir.vringo.com.

For more information about how video ringtones work, visit: www.vringo.com.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Vringo expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.

Vringo (Amex: VRNG) Rallies after New Contract Announcements

Vringo Inc. (Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, similar to companies like Motricity Inc. (Nasdaq: MOTR) and Artificial Life Inc. (OTCBB: ALIF), shares rallied after the company recently signed new contracts.

Vringo Inc. (Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, shares rallied after the company recently signed new contracts. Combined, the two contracts enable the company to rapidly expand its footprint in the U.K. and Indian markets, while many investors are hoping that it paves the way to future top and bottom line improvements.

On May 3, 2011, the company announced that it signed an agreement with The Carphone Warehouse – the U.K.’s largest independent mobile phone retailer – to embed its application in the INQ Cloud Touch. The phone will be available through The Carphone Warehouse and Best Buy and is specifically designed to deliver a mobile experience centered around Facebook®.

Meanwhile, the company also announced on April 29, 2011 that it launched its video ringtone platform to customers in India through a partnership with Hungama Digital Media. With over 750 million users, the country is one of the largest markets in the world. And, as one of the largest sources of digitally available entertainment content in India, Hungama is a very high profile partnership.

About Vringo Inc.

Vringo (NYSE Amex: VRNG) is a leading provider of software platforms for mobile video services and video ringtones. With its award-winning video ringtone application and other mobile software platforms, Vringo transforms the basic act of making and receiving mobile phone calls into a highly visual, social experience. Vringo’s core mobile application, which is compatible with more than 400 handsets, enables users to create or take video, images and slideshows from virtually anywhere and turn it into their visual call signature. In a first for the mobile industry, Vringo has introduced its patented VringForward technology, which allows users to share video clips with friends with a simple call. Vringo has been heralded by The New York Times as “the next big thing in ringtones” and USA Today said Vringo’s application has “to be seen to be believed.”
Vringo has launched its service with various international mobile operators, holds licensing deals with over 40 major content partners and maintains a library of more than 12,000 video ringtones for users in various territories. For more information, visit: http://ir.vringo.com.

For more information about how video ringtones work, visit: www.vringo.com.

Vringo (Amex: VRNG) to Be Embedded in New ‘INQ Cloud Touch’ Social Smartphone in the U.K.

Vringo Inc. (Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, similar to companies like Motricity Inc. (Nasdaq: MOTR) and Artificial Life Inc. (OTCBB: ALIF), recently announced that its technology would be embedded in the new INQ Cloud Touch Social Smartphones being launched in the U.K.

Vringo, Inc. (NYSE Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, today announced an agreement with The Carphone Warehouse, the U.K.’s largest independent mobile phone retailer, under which the Vringo app will be embedded in the INQ Cloud Touch. This is the first in a range of Android phones designed, according to INQ, to “deliver an all new Facebook® mobile experience” for “people who use Facebook as their primary means of communication.” This new INQ Cloud Touch phone will be available only through The Carphone Warehouse and Best Buy U.K.

Vringo’s app will be the first video ringtone platform to be embedded on select Android mobile handsets in the U.K. and thereby immediately available to consumers when they start using their new phones. This agreement with Great Britain’s largest independent mobile phone retailer will further support the introduction of Vringo’s platform to a wider audience. It also supports the recently announced launch of its paid service with Orange (U.K.) by adding subscribers on any existing U.K. mobile carrier that will be able to interact with buddies using Vringo on an Orange service. Today’s agreement also follows up on the recent agreement with The Carphone Warehouse to add the Vringo app to its *SparkXL app which is available for free through its Walk Out Working service and on all Android Smartphones via the Android market.

“Vringo is gaining broad market acceptance, and our recent U.K. launches with Orange and this decision to embed the Vringo app on the new INQ Smartphones are significant customer ‘wins’ for us that set the stage for continuing rapid growth. As a world-wide leader in video ringtones, we are pleased to have The Carphone Warehouse and Best Buy as new Vringo partners to help accelerate our U.K. launch. Making Vringo available through an embedded application solution is by far the easiest way to reach the prospective customer and will help drive usage,” said Jon Medved, Vringo’s Chief Executive Officer.

“The INQ Cloud Touch offers an advanced platform for social networking using best-in-class applications and an updated Android interface. Our customers will have everything they need for advanced mobile social networking at their fingertips,” said Rikesh Desai, Head of Digital Services. “We’re very excited to be able to offer Vringo’s advanced ringtone platform embedded right on the phone as it leaves the store.”

INQ Cloud Touch is a social smartphone, with a Vringo video ringtone app, a live visual Facebook news feed and direct access to Facebook Chat and friends without tapping into a single app. Also embedded with a Spotify music player, instant messenger, email services and access to over 100,000 Android apps and games, INQ Cloud Touch puts your favorite things at your fingertips. The INQ Cloud Touch has launched exclusively at The Carphone Warehouse and Best Buy in the U.K.

Vringo’s fully-hosted carrier platform is currently deployed with international partners in seven markets with new launches anticipated in the coming weeks and months. Vringo’s scalable cloud-based distributed application architecture enables the carrier’s subscribers to browse and download mobile videos, set them as video ringtones and instantly share them with friends. In addition to carrier partners, Vringo has content partnerships with major content providers including EMI, T-Pain, Tiesto, Muhammad Ali, Turner, Marvel, Discovery Mobile, RTL, Ingrooves and Agence France-Presse.

About The Carphone Warehouse

The Carphone Warehouse is the largest independent mobile phone retailer in Europe with over 2,000 stores operating across the continent. The company has over 800 stores in the UK and is committed to offering impartial and expert advice on the widest range of the latest product plus unbeatable, aftersales care. The Carphone Warehouse is based in the United Kingdom and is a 50% subsidiary of Best Buy. For more information, please visit: www.carphonewarehouse.com

About Vringo

Vringo (NYSE Amex: VRNG) is a leading provider of software platforms for mobile video services and video ringtones. With its award-winning video ringtone application and other mobile software platforms, Vringo transforms the basic act of making and receiving mobile phone calls into a highly visual, social experience. Vringo’s core mobile application, which is compatible with more than 400 handsets, enables users to create or take video, images and slideshows from virtually anywhere and turn it into their visual call signature. In a first for the mobile industry, Vringo has introduced its patented VringForward technology, which allows users to share video clips with friends with a simple call. Vringo has been heralded by The New York Times as “the next big thing in ringtones” and USA Today said Vringo’s application has “to be seen to be believed.” Vringo has launched its service with various international mobile operators, holds licensing deals with over 40 major content partners and maintains a library of more than 12,000 video ringtones for users in various territories. For more information, visit: http://ir.vringo.com.

For more information about how video ringtones work, visit: www.vringo.com.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Vringo expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.

Vringo (Amex: VRNG) Announces Partnership With the Largest Aggregator of Bollywood and South-Asian Entertainment Content In The World

Vringo, Inc. (Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, similar to companies like Poynt Corporation (TSX: PYN.V) and Google Inc. (Nasdaq: GOOG), recently announced a Partnership with Hungama Digital Media Providing Access to a Potential 500 Million Subscribers.

Vringo, Inc. (NYSE Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, recently announced that it has launched its video ringtone platform to consumers throughout India, one of the world’s fastest-growing cellular markets with over 750 million users, in partnership with Hungama Digital Media Entertainment (“Hungama”).

Hungama is the largest source of digitally available Bollywood and South-Asian entertainment content in the world. Under its agreement with Hungama, which was formalized and signed in March 2009, Vringo will add premium content from Hungama to its video ringtone content library and will share revenues from such content with Hungama. The Vringo-Hungama service is available to a potential 500 million subscribers on 15 different Indian cellular operators including Reliance, BhartiAirtel and Tata. Vringo will also make available Hungama content through its existing services in the UK, UAE and Malaysia. Financial terms of the agreement were not disclosed.

Jon Medved, Vringo’s Chief Executive Officer, said, “We have now rolled out our platform in India, the second largest mobile market in the world by number of subscribers. The service is live with 15 operators and features the most popular Bollywood titles and scenes provided by Hungama. We are confident that the Vringo-Hungama service is one that Indian consumers will find compelling.”

Neeraj Roy, Hungama’s CEO said, “We are excited to provide together with Vringo an innovative video ringtone and mobile video service that leverages our powerful content. We believe the service will have mass appeal in India and for lovers of Bollywood content everywhere.”

Vringo’s fully-hosted carrier platform is currently deployed with international partners in seven markets with new launches anticipated in the coming weeks and months. Vringo’s scalable cloud-based distributed application architecture enables the carrier’s subscribers to browse and download mobile videos, set them as video ringtones and instantly share them with friends. In addition to carrier partners, Vringo has content partnerships with major content providers including EMI, T-Pain, Tiesto, Muhammad Ali, Turner, Marvel, Discovery Mobile, RTL, Ingrooves and Agence France-Presse.

About Hungama Digital Media Entertainment

Hungama Digital Media Entertainment Pvt. Ltd. has over 750 employees and offices located in New Delhi, Mumbai, Bengaluru, Chennai, Kolkata, Hyderabad, Dubai, Singapore and the USA.

It is currently the largest aggregator, developer, publisher and distributor of Bollywood and South-Asian entertainment content in the world. With partnerships with over 305 content creators, record labels, studios and broadcasters, Hungama has licensed world-wide exclusive digital rights to over 4 million music and video titles. Hungama serves content to consumers in 42 countries across mobile, internet, IPTV services and has more than 147 partners across the world. Hungama also owns Bollywood Hungama, India’s premier Bollywood and music site, which attracts 9 million unique visitors, across 127 countries, and over 100 million page views each month.

Last year, Hungama also launched India’s premium cross platform digital entertainment store, Hungama.com. Offering full-length music tracks, videos, ringtones, mobile wallpapers and dialogues across categories including Bollywood, Instrumental, Ghazals, Devotional, Indian Regional Music, International music and much more for digital downloads. Hungama.com on Mobile & Facebook has been awarded Three Creative ABBYs at GoaFest 2010, India’s answer to the Cannes Festival.

About Vringo

Vringo (NYSE Amex: VRNG) is a leading provider of software platforms for mobile video services and video ringtones. With its award-winning video ringtone application and other mobile software platforms, Vringo transforms the basic act of making and receiving mobile phone calls into a highly visual, social experience. Vringo’s core mobile application, which is compatible with more than 400 handsets, enables users to create or take video, images and slideshows from virtually anywhere and turn it into their visual call signature. In a first for the mobile industry, Vringo has introduced its patented VringForward technology, which allows users to share video clips with friends with a simple call. Vringo has been heralded by The New York Times as “the next big thing in ringtones” and USA Today said Vringo’s application has “to be seen to be believed.” Vringo has launched its service with various international mobile operators, holds licensing deals with over 40 major content partners and maintains a library of more than 12,000 video ringtones for users in various territories. For more information, visit: http://ir.vringo.com.

For more information about how video ringtones work, visit: www.vringo.com.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Vringo expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.

 

Neonode (OTCBB: NEOND) Signs License Agreement with New OEM Customer

Neonode Inc. (OTCBB: NEON), a provider of innovative optical touchscreen solutions designed for consumer electronics companies similar to Motorola Solutions, Inc. (NYSE: MSI) and Sony Corporation (NYSE: SNE), recently signed a license agreement with a new OEM customer.

Neonode, Inc. (NEOND.OB), the optical touch screen technology company, recently announced that it entered into a multi-year technology license agreement with a global consumer electronics company to incorporate Neonode’s touch screen solution into its family of products. Neonode’s patented touch technology, zForce®, supports high resolution pen writing in combination with finger navigation including gestures, multi-touch, sweeps and much more. The customer’s first product using zForce® is planned to be launched during summer this year.

“We are proud to have won this new OEM customer, who is joining a growing group of global consumer electronics vendors, including Sony, ASUSTeK and several others, that have moved to our zForce® Touch Solution. This is a direct result of the increased performance, consumer experience and lower bill of material that we are able to deliver to our customers,” said Thomas Eriksson, CEO of Neonode, Inc.

About Neonode Inc.

Neonode, Inc. is the leading provider of optical touch screen solutions for hand-held and small to midsize devices. Neonode is offering software licenses and engineering design services that enable companies to make high functionality touch screens at a low cost. zForce® is the name of Neonode’s proprietary patented touch screen technology. Neonode, Inc. is listed on the OTCBB under the symbol NEON.OB. Neonode is a trademark and zForce® is a registered trademark of Neonode, Inc.

About zForce®

Neonode’s patented touch solution for portable devices, zForce, is many times more cost effective than any other high performance touch solution in the market today. zForce® supports high resolution pen writing in combination with finger navigation including gestures, multi-touch, sweeps and much more. zForce® doesn’t require an overlay on top of the display window and provides a 100% clear viewing experience. zForce® is the only viable touch screen solution that operates on the new revolutionary reflective display panels. Neonode has signed customer contracts with Sony Corporation, ASUSTeK, Daesung and other global OEM’s. zForce® is currently being integrated into a variety of mobile phones, e-Readers, printer products, automotive applications, mobile internet and tablet devices.

Forward-Looking Statements

This news release contains certain forward-looking statements that involve risks and uncertainties, including statements regarding future products and technology developments. Such statements are only predictions and the company’s actual results may differ materially from those anticipated in these forward-looking statements. Factors that may cause such differences include, but are not limited to, the ability of Neonode to develop and sell new products and technologies. These factors and others are more fully discussed in the documents the company files from time to time with the Securities and Exchange Commission, particularly, the company’s most recent Form 10-K and Form 10-Q. Neonode and the Neonode logo are registered trademarks of Neonode Inc.

For more information, please visit www.neonode.com.

Alpha Lujo Inc. (OTCBB: ALEV) Brings Cost-Effective EVs to the World

Alpha Lujo Inc.(OTCBB: ALEV), an electric vehicle manufacturer focused on cost-effectiveness and affordability, similar to companies like UQM Technologies, Inc. (Amex: UQM) and Li-on Motors Corp (OTCBB: LMCO), is bringing cost-effective electric vehicles to the world, with its innovative engineering and manufacturing processes.

Alpha Lujo Inc. (OTCBB: ALEV) is an innovative electric vehicle manufacturer focused on providing cost-effective and affordable solutions to the global marketplace. The company manufactures vehicles, offers conversion services and sells proprietary components used in EVs through its expanding global network of facilities. While most large manufacturers are focused on the upper end of the market, such as Tesla Motors, Inc. (Nasdaq: TSLA), there is very little competition among affordably priced vehicles.

Unique Components & Manufacturing Keep Costs Down

Using localized manufacturing and proprietary components, Alpha Lujo Inc. is able to keep its costs extraordinary low and effectively compete in the low-end EV marketplace. The company is able to convert legacy auto manufacturing facilities into EV facilities, while locating them in the countries in which they intend to sell the vehicles. Since the most expensive part of the supply chain is distribution, the company is then well positioned to significantly reduce costs.

At the same time, Alpha Lujo Inc. has identified several areas where EVs can be made more efficient through the use of battery technology. For example, its electric vehicles require lead silicon batteries due to a proprietary battery technology, smart battery management system, controller and drive train, which enable enhanced output from these batteries. And using the lead silicon batteries compare to those of lithium batteries in EV, this result in significant cost savings and the ability to maintain margins at a lower price point.

Gearing Up to Expand Production Around the World

With the enormous amount of government subsidies focused on EVs, Alpha Lujo Inc. is well positioned to profit by competing at the lower end of the market. After all, its cars often qualify for the same subsidies as more expensive EVs, making it far cheaper on a relative basis. In fact, the company expects to sign up as many as 2,000 EV orders in 2011 alone, while its distribution already includes more than 11 different countries.

Alpha Lujo Inc. is also partnering with dealerships in Europe, U.S. and Australia to be able to distribute to a larger audience by piggybacking on their existing networks. Combined with its localized manufacturing initiatives, this strategy could enable it to rapidly increase its production over the near-term in several markets around the world. Energy investors seeking a solid growth stock in the emerging EV space may want to check out Alpha Lujo Inc. (OTCBB: ALEV).

Vringo (Amex: VRNG) Announces New Online Investor Fact Sheet

Vringo, Inc. (Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, similar to companies like Poynt Corporation (TSX: PYN.V) and Google Inc. (Nasdaq: GOOG), recently announced the availability of a new online investor fact sheet.

Vringo, Inc. (NYSE Amex: VRNG), a leading provider of software platforms for mobile video services and video ringtones, announces the availability of a new online Investor Fact Sheet.

“Maintaining our mission of keeping investors informed with the latest developments at the Company, we are releasing our new updated fact sheet,” said Jon Medved, Chief Executive Officer of Vringo. “Mobile video services are expected to grow rapidly in the next few years, with analysts at the Yankee Group expecting the market to grow to $24 billion in overall operator revenue by 2014. As a pioneer in the mobile video market, Vringo is poised to benefit from the projected rapid expansion of this dynamic industry.”

Mr. Medved continued, “With our robust mobile video product platforms and partnerships in place, we are positioning the company to build upon our past success by expanding within the high-growth mobile video market and implementing a series of strategic growth initiatives. In 2011, Vringo plans to focus on launching additional software platforms in addition to our original video ringtone flagship product, as well as expanding through new partnerships and accretive acquisitions as we strive to improve our revenues, earnings and, ultimately, create long-term value for our shareholders.”

The Investor Fact Sheet provides a clear overview of Vringo’s business model and growth potential in the mobile video market, and is a great resource for both existing shareholders and prospective investors alike.

The fact sheet is available at:
www.trilogy-capital.com/autoir/vrng_autoir.html

About Vringo

Vringo (NYSE Amex: VRNG) is a leading provider of software platforms for mobile video services and video ringtones. With its award-winning video ringtone application and other mobile software platforms, Vringo transforms the basic act of making and receiving mobile phone calls into a highly visual, social experience. Vringo’s core mobile application, which is compatible with more than 400 handsets, enables users to create or take video, images and slideshows from virtually anywhere and turn it into their visual call signature. In a first for the mobile industry, Vringo has introduced its patented VringForward technology, which allows users to share video clips with friends with a simple call. Vringo has been heralded by The New York Times as “the next big thing in ringtones,” and USA Today said Vringo’s application has “to be seen to be believed.” Vringo has launched its service with various international mobile operators, holds licensing deals with over 40 major content partners and maintains a library of more than 12,000 video ringtones for users in various territories. For more information, visit: http://ir.vringo.com.

For more information about how video ringtones work, visit: www.vringo.com.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Vringo expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.

Diversification Payoff: Inova Technology’s (OTCBB: INVA) Smart Move Into RFIDs

Inova Technology (OTCBB: INVA), an enterprise level information technology solutions provider specializing in RFID solutions, similar to companies like I.D. Systems Inc. (Nasdaq: IDSY) and Intermec Inc. (NYSE: IN), is well positioned to capitalize in the future through diversification as it is generating revenues from its Information Technology subsidiary, but poised for rapid growth with its smaller, but formidable RFID subsidiary.

With new uses being found almost daily for RFIDs (Radio Frequency Identification Devices), Las Vegas-based Inova Technology’s 2007 acquisition of Trakkers at the price of $5.89 million seems, in hindsight, to have been one of the decade’s most prescient moves by any of the myriad publicly traded tech companies. Trakkers, manufactures RFID readers and provides lead retrieval solutions for large trade shows. It’s sister company, RightTag also provides customized RFID tags.

Burgeoning Market

Everyone from private industry to government to hospitals has lately discovered the need for RFID systems to reduce operating costs, enhance security, and to track inventory and assets. Inova’s RightTag has already sold scanners to the Department of Defense (DOD), Northrop Grumman, and Honeywell. In a show of flexibility, RightTag also offers a custom design service which it’s already used to develop an RFID tag for contact lens manufacturer Gerber Coburn. The lens company needed a tag that was attachable to contact lens sheets during the stresses of production so the company could identify each sheet. They were also one of the first RFID developers to provide a Blue Tooth scanner.

The DOD now requires active RFID tags on each of its million-plus shipping containers whenever they’re moved outside the continental United States. Wal Mart uses RFID in its nearly 3000 stores to track pallets of warehoused goods, involving more than 25,000 reader systems. Even the biosciences have found a use for the devices: Bristol University researchers glued tiny RFID chips to ants to study their activities. In addition, the U.S. Department of State now issues passports with embedded RFID chips.

The devices have even found a major niche in hospital operating rooms as a way of avoiding the occasional, but potentially fatal, error of leaving a sponge or instrument inside a patient. A count of tagged sponges, gauze, and towels is logged into a scanner before and after surgery, and a scanning wand is waved over the patient on their way out of the operating room.

RFID Advantages Over Bar-Code Systems

What accounts for the growing popularity of commercial RFID systems over bar-coding is mainly a matter of cost. With bar-coding, each item must be in line-of-sight of a scanner and only one item can be scanned at a time. But RFID scanning does not require line-of-sight and can scan many items all at once. This results in direct cost savings during inventory and tracking because it saves time and reduces payroll costs. Some RFID systems also enable a quick check to see if an item is among the company’s warehoused assets, avoiding the time-consuming and costly process of sending an employee to search for it.

How It Works

Though there are different types of RFID systems, the most basic operates as a sort of ‘radio mirror’ device. An interrogator sends out a radio signal at a frequency matching the targeted tag. The tag then responds, or ‘wakes up’, and reflects that radio energy back to the interrogator along with information coded into the tag. Some tags are also battery-assisted to boost the signal for transmission over longer distances.

Encryption may also be used by an RFID system for security reasons to avoid unauthorized scanning. Without such encryption, someone might be able to steal passport information with a concealed scanner as passengers come and go from an airport terminal. In encrypted systems, both interrogator and tag have a program of rotating schema to defeat such attempts.

Inova Forges Ahead With Other Interests Too

Even though Inova’s RightTag operations are flourishing, the company continues to pursue its other core business of communications and electronic network development. Last Thursday it announced completion of “more than $1.4 million worth of network solutions” projects in the first quarter for 10 school districts in different parts of the country. In making the announcement, CEO Adam Radly commented that Inova “has also bid on numerous additional projects and we are expecting to be informed of the results of those bids during April 2011.”

With its solid IT base and RightTag among its assets, Inova stands ready to ride the wave of IT and RFID well into the future.

Alpha Lujo (OTCBB: ALEV) Sends Two EV Test Models to Melbourne, Australia

Alpha Lujo, Inc. (OTCBB: ALEV), a global manufacturer of proprietary electric vehicles and components, similar to companies like Tesla Motors, Inc. (Nasdaq: TSLA) and A123 Systems, Inc. (Nasdaq: AONE), recently sent two of its EV test models to Melbourne, Australia as seen in this video.

Alpha Lujo, Inc. (OTCBB: ALEV), a global manufacturer of proprietary electric vehicles and components, recently sent two of its EV test models to Melbourne, Australia as seen in the following video:

About Alpha Lujo

Alpha Lujo, Inc. was found into a new corporation and market as Alpha Lujo, a Global EV Brand. The company emerged as a New York corporation as the result of a reverse merger with E Global Marketing, Inc. (OTC: EGLO) with Alpha Lujo Electric Vehicle Pty Ltd, an Australian company. Through the operating subsidiary, Alpha Lujo Electric Vehicle Pty Ltd, a company in the business of developing, manufacturing of Electric Vehicles (EV) and EV components.
Alpha Lujo has developed latest EV technology and focus on securing export marketing networks in Australia, China, Europe and US.

Alpha Lujo, Inc. is a development stage Electric Vehicle (EV) Company. The company has secured leased assembly lines with major China conventional vehicle manufacturing facilities for our contracted EV.

Global distribution network is currently been finalized to have Alpha Lujo meet the import safety standards in Australia, US and Europe. Currently one model have meet ECE/EEC directives crash test standard for import into Europe.

Alpha Lujo Electric Vehicle Pty Ltd (Australia)

Alpha Lujo Electric Vehicle Pty Ltd, an Australian Electric Vehicle company was incorporated in August 2010. The company acquired 100% shareholdings in Wehai PTC Lujo Group Limited, a company incorporated in Hong Kong in November 2010 for A$5 million in exchange for 60% equity.

With this restructure, the intellectual properties and trademarks are held through the Hong Kong Company. Alpha Lujo Electric Vehicle Pty Ltd setup US distribution agency in US and incorporated Alpha Lujo EV Inc. in Arizona, USA in October 2010.

Weihai PTC Lujo Group Limited change her name to Alpha Lujo (Hong Kong) Limited in February 2011.

Alpha Lujo (Hong Kong) Limited is the logistic and regional distribution center for all exports from China.

Inova Technology (OTCBB: INVA) Awarded $570,000 Project

Inova Technology (OTCBB: INVA), an enterprise level Information Technology solutions provider specializing in RFID solutions, wireless networking, storage and security technology solutions, similar to companies like I.D. Systems Inc. (Nasdaq: IDSY) and Intermec Inc. (NYSE: IN), was recently awarded a $570,000 project for Gallup McKinley school district in New Mexico.

Inova Technology (OTCBB: INVA), an enterprise level Information Technology solutions provider specializing in RFID solutions, wireless networking, storage and security technology solutions, through its wholly owned subsidiary, Desert Communications, has been awarded a $570,000 network solutions project for Gallup McKinley school district in New Mexico.
“We have been expanding our business development efforts beyond Texas and are very happy to be awarded this project in New Mexico,” said CEO, Mr. Adam Radly. “The company has also bid on numerous additional projects and we expect to provide the results of those bids in the near future.”

The company receives projects in two stages: The first stage involves being “awarded” the project and the second stage involves getting approved “funding” for the project (at which time the project is deemed “awarded and funded”). Projects that form part of the company’s backlog are projects that are both awarded and funded.

The Company previously announced that its revenue for the nine months ended January 2011 was up by 32%, compared to the same period a year ago. Inova also previously announced that it paid down $600,000 of debt in February 2011.
Inova is filing certain restatements from 2008/2009. All amendments and restatements are non-cash in nature and relate to accounting treatment of warrants. There is not a significant impact to revenue, earnings or EBITDA. There is no impact on 2010 and 2011.

The accounting for warrants associated with various notes was incorrect and will result in a reclassification from equity to debt. The original accounting for these transactions classified the warrant values as equity because of the fact that there is not a put liability until the lender exercises its warrants and elects to put the shares back to the Company. Further, the effective dates of 2010-2013 made it appear that the liability wouldn’t exist in 2008 and 2009.

About Inova Technology

Inova Technology, Inc. (INVA) is an enterprise level Information Technology solutions provider specializing in providing proprietary RFID solutions, wireless networking, storage and security technology solutions and IT professional services. Our objective is to implement and optimize solutions for our clients with best of breed technology as well as our own proprietary products and the best possible service.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company’s actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company’s liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Contact:

For more information please visit the company website at:

http://www.inovatechnology.com

or contact Gabe Hawman on (406) 862-1601

Littlefield (OTCQB: LTFD) Announces Mineral Lease on Bingo Property

Littlefield Corporation (OTCQB: LTFD), the largest public owner and operator of charitable bingo halls in the United States, operating in the same industry as companies like Boyd Gaming Corporation (NYSE: BYD) and Monarch Casino & Resorts Inc. (Nasdaq: MCRI), recently announced a mineral lease on one of its bingo properties that could generate value for shareholders.

Littlefield Corporation (OTCQB: LTFD) announces that it has signed a mineral lease which allows for the exploration and production of oil and gas on its Ambler Bingo property in Abilene, Texas.

The lease is with an experienced drilling company and provides for the right to drill an oil well on a portion of the Ambler Bingo property and also provides for a royalty to be paid for oil and gas produced, if discovered.

The Company is not investing any money in the venture and has only reacted to an entreaty from the local energy company based upon that company’s research. It is likely that an exploratory well will be drilled in the next 60-90 days.
Jeffrey L. Minch, President and Chief Executive Officer of Littlefield Corporation, offered the following comments:

“The structure of the mineral lease allows the Company to participate in the benefits from the oil and gas production should a discovery take place without requiring the Company to commit its capital to this undertaking.
We remain focused on initiatives to improve our margins through both operational savings as well as revenue growth in our core business.”

ABOUT LITTLEFIELD CORPORATION

Littlefield Corporation, headquartered in Austin, Texas, is the largest public owner of charitable bingo halls in the United States. The Company, through its corporate subsidiaries, develops, owns and operates 39 halls in Texas, South Carolina, Alabama and Florida. In Texas its corporate subsidiaries are involved as a licensed commercial lessor and only in South Carolina as a licensed promoter. 145 charities conduct bingo in these charitable bingo halls.

In accordance with the safe harbor provisions of the Private Securities Reform Act of 1995: except for historical information contained herein, certain matters set forth in this press release are forward looking statements that are subject to substantial risks and uncertainties, including government regulation, taxation, competition, market risks, customer attendance, spending, general economic conditions and other risks detailed in the Company’s Securities and Exchange Commission filings and reports.

Investors are always cautioned to be careful in drawing conclusions from a single press release, the Company’s performance in a single quarter or the individual opinions of any member of the Company’s management in making their individual investment decisions.

Neonode (OTCBB: NEOND) Will be on ASUS Tablets this Year

Neonode Inc. (OTCBB: NEOND), a provider of innovative optical touchscreen solutions designed for consumer electronics companies similar to Motorola Solutions, Inc. (NYSE: MSI) and SANYO Electric Co., Ltd. (PINK: SANYY), will appear in ASUS tablets later this year, according to Engadget.

Neonode, Inc. (OTCBB: NEOND), the optical touchscreen technology company, today announced a license agreement with ASUSTeK, the leading Taiwanese computer, communications and consumer electronic company. Neonode and ASUSTeK have agreed to develop a series of products that will include Neonode’s zForce® optical touch screen solution. The first products using zForce® are planned to be launched later this year.

Read the article at Engadget:
http://www.engadget.com/2011/04/15/neonodes-zforce-optical-touchscreens-hitting-asus-tablets-later/

About Neonode Inc.

Neonode Inc is the leading provider of optical touch screen solutions for hand-held and small to midsize devices. Neonode is offering software licenses and engineering design services that enable companies to make high functionality touch screens at a low cost. zForce® is the name of Neonode’s proprietary patented touch screen technology. Neonode Inc is listed on the OTCBB under the symbol NEON.OB. Neonode is a trademark and zForce® is a registered trademark of Neonode Inc.

Nevada Geothermal (OTCBB: NGLPF) Could Benefit from Rise in Geothermal Energy Use in U.S.

Nevada Geothermal

Nevada Geothermal Power Inc. (OTCBB: NGLPF), a provider of renewable clean geothermal energy in the Western U.S., similar to companies like Chevron Corporation (NYSE: CVX) and U.S. Geothermal Inc. (Amex: HTM), is providing a unique source of energy that is growing in importance and usage in the U.S., according to a recent report by Fox Business News.

Nevada Geothermal Power Inc. (OTCBB: NGLPF), a provider of renewable clean geothermal energy in the Western U.S., is providing a unique source of energy that is growing in importance and usage in the U.S., according to a recent report by Fox Business News. In the article, the news agency reports that the total number of geothermal projects in the U.S. is increasing at a rate of 12%.

Read the whole story at the following link:
http://www.foxnews.com/scitech/2011/04/09/geothermal-energy-use-rise/

About Nevada Geothermal Power Inc.

Nevada Geothermal Power Inc. operates the 49.5 MW Faulkner 1 geothermal plant in Nevada. It is a growing, renewable energy developer focused on producing clean, efficient and sustainable geothermal electric power from high temperature geothermal resources in the United States. NGP currently owns leasehold interests in five properties: Blue Mountain, Pumpernickel Valley, Edna Mountain and North Valley in Nevada, and Crump Geyser, in Oregon. These properties are at different levels of exploration and development. NGP estimates a potential of between 150 MW and 300 MW from its current leaseholds.

For additional information visit the company’s website at http://www.nevadageothermal.com

Company Contact:
Paul Mitchell
pmitchell@nevadageothermal.com
Phone Number- 604-688-1553

 

 

For additional information visit the company’s website at http://www.nevadageothermal.com

Nevada Geothermal Power Inc. operates the 49.5 MW Faulkner 1 geothermal plant in Nevada. It is a growing, renewable energy developer focused on producing clean, efficient and sustainable geothermal electric power from high temperature geothermal resources in the United States. NGP currently owns leasehold interests in five properties: Blue Mountain, Pumpernickel Valley, Edna Mountain and North Valley in Nevada, and Crump Geyser, in Oregon. These properties are at different levels of exploration and development. NGP estimates a potential of between 150 MW and 300 MW from its current leaseholds. 

Company Contact:

Paul Mitchell

pmitchell@nevadageothermal.com

Phone Number- 604-688-1553

Alpha Lujo (OTCBB: ALEV) Featured in Business Day EV Article

Alpha Lujo, Inc. (OTCBB: ALEV), a global provider of proprietary electric vehicles and components, similar to companies like Tesla Motors, Inc. (Nasdaq: TSLA) and A123 Systems, Inc. (Nasdaq: AONE), was recently featured in a Business Day article covering electric vehicle adoption.

Alpha Lujo, Inc. (OTCBB: ALEV), a global provider of proprietary electric vehicles and components, was recently featured in a business day article covering electric vehicle adoption. Investors and shareholders can read the entire story at the following URL:

http://www.theage.com.au/business/bolting-into-an-electriccar-future-20110115-19s0j.html

About Alpha Lujo

Alpha Lujo, Inc. was found into a new corporation and market as Alpha Lujo, a Global EV Brand. The company emerged as a New York corporation as the result of a reverse merger with E Global Marketing, Inc. (OTC: EGLO) with Alpha Lujo Electric Vehicle Pty Ltd, an Australian company. Through the operating subsidiary, Alpha Lujo Electric Vehicle Pty Ltd, a company in the business of developing, manufacturing of Electric Vehicles (EV) and EV components.

Alpha Lujo has developed latest EV technology and focus on securing export marketing networks in Australia, China, Europe and US.

Alpha Lujo, Inc. is a development stage Electric Vehicle (EV) Company. The company has secured leased assembly lines with major China conventional vehicle manufacturing facilities for our contracted EV.

Global distribution network is currently been finalized to have Alpha Lujo meet the import safety standards in Australia, US and Europe. Currently one model have meet ECE/EEC directives crash test standard for import into Europe.

Alpha Lujo Electric Vehicle Pty Ltd (Australia)

Alpha Lujo Electric Vehicle Pty Ltd, an Australian Electric Vehicle company was incorporated in August 2010. The company acquired 100% shareholdings in Wehai PTC Lujo Group Limited, a company incorporated in Hong Kong in November 2010 for A$5 million in exchange for 60% equity.

With this restructure, the intellectual properties and trademarks are held through the Hong Kong Company. Alpha Lujo Electric Vehicle Pty Ltd setup US distribution agency in US and incorporated Alpha Lujo EV Inc. in Arizona, USA in October 2010.

Weihai PTC Lujo Group Limited change her name to Alpha Lujo (Hong Kong) Limited in February 2011.

Alpha Lujo (Hong Kong) Limited is the logistic and regional distribution center for all exports from China.

Alpha Lujo (OTCBB: ALEV) Sends Two EV Test Models to Melbourne, Australia

Alpha Lujo, Inc. (OTCBB: ALEV), a global manufacturer of proprietary electric vehicles and components, similar to companies like Tesla Motors, Inc. (Nasdaq: TSLA) and A123 Systems, Inc. (Nasdaq: AONE), recently sent two of its EV test models to Melbourne, Australia as seen in this video.

Alpha Lujo, Inc. (OTCBB: ALEV), a global manufacturer of proprietary electric vehicles and components, recently sent two of its EV test models to Melbourne, Australia as seen in the following video:

About Alpha Lujo

Alpha Lujo, Inc. was found into a new corporation and market as Alpha Lujo, a Global EV Brand. The company emerged as a New York corporation as the result of a reverse merger with E Global Marketing, Inc. (OTC: EGLO) with Alpha Lujo Electric Vehicle Pty Ltd, an Australian company. Through the operating subsidiary, Alpha Lujo Electric Vehicle Pty Ltd, a company in the business of developing, manufacturing of Electric Vehicles (EV) and EV components.

Alpha Lujo has developed latest EV technology and focus on securing export marketing networks in Australia, China, Europe and US.

Alpha Lujo, Inc. is a development stage Electric Vehicle (EV) Company. The company has secured leased assembly lines with major China conventional vehicle manufacturing facilities for our contracted EV.

Global distribution network is currently been finalized to have Alpha Lujo meet the import safety standards in Australia, US and Europe. Currently one model have meet ECE/EEC directives crash test standard for import into Europe.

Alpha Lujo Electric Vehicle Pty Ltd (Australia)

Alpha Lujo Electric Vehicle Pty Ltd, an Australian Electric Vehicle company was incorporated in August 2010. The company acquired 100% shareholdings in Wehai PTC Lujo Group Limited, a company incorporated in Hong Kong in November 2010 for A$5 million in exchange for 60% equity.

With this restructure, the intellectual properties and trademarks are held through the Hong Kong Company. Alpha Lujo Electric Vehicle Pty Ltd setup US distribution agency in US and incorporated Alpha Lujo EV Inc. in Arizona, USA in October 2010.

Weihai PTC Lujo Group Limited change her name to Alpha Lujo (Hong Kong) Limited in February 2011.
Alpha Lujo (Hong Kong) Limited is the logistic and regional distribution center for all exports from China.

EastBridge (OTCBB: EBIG) Shareholders May Benefit from High Multiples in China’s Education Sector

EastBridge Investment Group (OTCBB: EBIG), a provider of financial services to emerging companies primarily located in Asia, with clients similar to companies like Chinacast Education Corporation (Nasdaq: CAST) and China Edu Corporation (Nasdaq: CEDU), could benefit from the 30x earnings multiples seen in China’s growing education sector, with its clients Tsingda Education and Wonder Education.

EastBridge Investment Group (OTCBB: EBIG), a provider of financial services to emerging companies primarily located in Asia, has a unique business model that involves taking 10% to 20% equity stakes in clients that it helps obtain a listing on U.S. stock exchanges. With two of its upcoming clients operating in China’s education industry, the company appears well-positioned to benefit from high multiples.

A Look at China’s Education Industry

With the fastest growing economies in the world, China’s education industry is booming with children and adults seeking the knowledge to stay ahead of the curve. The JLJ Group estimates that the industry reached $200 billion in size last year with more than 100,000 registered training companies. However, the market remains underdeveloped in many cities and there are few clear market leaders.

The result is an enormous opportunity for investors, which is evidenced by a composite trailing 12-month earnings multiple of 28.95x for publicly-traded companies operating in the space (see chart below), as well as the hundreds of millions of dollars of foreign direct investment coming into the sector each month from investors around the world.

EastBridge’s Clients Could Hold Significant Valuations

EastBridge Investment Group (OTCBB: EBIG) is well-positioned to capitalize on these trends via its equity stakes in two of its clients: Tsingda Education and Wonder Education. According to a recent interview with TheOTCInvestor.com, the company expects both of these clients to be publicly-traded and perhaps even listed on the AMEX stock exchange by June of 2011.

The value of the company’s equity stakes in these two firms is difficult to assess before they become publicly-traded, but investors can get an idea by looking at the publicly-disclosed net income figures from S-1 filings made with the SEC and then assigning an earnings multiple to those figures, which can be extrapolated using the peer comparison mentioned earlier.

Tsingda Education’s Value

According to Tsingda Education’s S-1 filing with the SEC:

“For fiscal year 2010, we generated $27,447,545 in gross revenues, which represents an 87% increase from gross revenues of $14,650,863 for fiscal year 2009. Our fiscal year 2010 pre-tax net income was $12.1 million, which represents a 70.4% increase from pre-tax net income of $7.1 million for fiscal year 2009.”

In this case, Tsingda Education could trade with a market capitalization of around $350 million, if it trades at an earnings multiple near its peers – or 28.95x, as mentioned above.

Wonder Education’s Value

According to Wonder Education’s S-1 filing with the SEC:

“In the fiscal year ended December 31, 2009, we had a gross profit of $5,946,523 and a net income of $2,597,003.”
Again, upon applying the composite peer multiple of 28.95x, the calculation yields a potential market capitalization of around $75 million.

EastBridge Shareholders Stand to Benefit

EastBridge Investment Group (OTCBB: EBIG) shareholders can benefit from these potentially high valuations in two ways. First, the company’s business model calls for shareholders to receive a 1% to 2% dividend of client shares once they go public on U.S. exchanges. Second, the remaining 8% to 19% stake held by EastBridge itself adds to the company’s own value as both income and an asset.

Given the potential valuation of Tsingda Education and Wonder Education, as well as EastBridge’s current $17 million market capitalization, investors may want to take a closer look at this company.

Procera Expands Smart Campus Solution for Higher Education

Procera® Networks Inc. (NYSE Amex: PKT), the intelligent policy enforcement company, today announced it has expanded the capabilities of its Smart Campus traffic management solution offered to Higher Education customers. Procera has deployed Smart Campus at more than a hundred higher education institutions in the U.S. and Canada alone, all of which are using its PacketLogic™ turnkey solution to gain network traffic visibility to ensure better Internet service quality, better utilize network infrastructure investments, and better comply with anti-piracy legislation.

“Smart Campus is a flexible traffic management system with advanced intelligence and policy enforcement features that extend beyond the capabilities of traditional packet shaping devices and enable universities to have enhanced insight and control over their network traffic,” commented Jon Linden, Procera’s VP of Marketing. “We can easily tailor Smart Campus to support common use cases including dynamic bandwidth provisioning by role, such as student or faculty, and enhanced granular quota assignments. These advanced management features guarantee fair usage for users, while helping schools control their infrastructure costs.”

“Procera’s Smart Campus enables us to identify and enforce usage allowances for users consuming high-bandwidth applications across multiple devices, such as laptops pulling down HD movies and streaming gaming consoles,” said Al Stern, Director of Systems and Networking for The University of Dayton. “Once users exceed their bandwidth allotment, we can dynamically reduce their consumption rate, thus preserving the Quality of Experience for other users and allowing us to avoid increased operational expenses associated with bandwidth upgrades.”

In addition to existing capabilities for usage management, P2P control, peering control, and network visibility, Procera has added new capabilities under the Smart Campus umbrella.

Smart Campus solution enhancements include:

  • Integration with Cisco’s Clean Access and ImpulsePoint’s SafeConnect for user identification
  • Location, Device, and Application-based usage management and control
  • Security-based DMZ/Quarantine services for abusive or infected users
  • Peer-to-Peer Auditing capabilities for HEOA compliance and simplified DMCA response
  • Bandwidth quota enforcement over multiple internet-enabled devices
  • Departmental Chargeback

With these enhanced services, Higher Education institutions can build cost-effective networks that deliver high Quality of Experience to their students and faculty without bandwidth usage and costs spiraling out of control. Procera’s PacketLogic is an Intelligent Policy Enforcer (IPE) that leverages advanced Deep Packet Inspection (DPI) technology to properly classify traffic. This intelligence is presented in real-time and can be acted upon with automated policies that take multiple properties and conditions, like application, location and time of day, into consideration. The PacketLogic solution portfolio extends far beyond traditional packet shaper deployments, and is a strategic part of the evolution of higher education networks.

Devin Smith, Lead Network Engineer, offered insight on the mechanics of the Smart Campus installation being utilized in the network at The University of Dayton: “After the initial integration of Smart Campus with our Cisco Clean Access NAC server, we were immediately able to identify not just IP addresses, but the actual User ID’s of students and faculty accessing our residential and academic networks. Working closely with our Procera engineer, we were soon able to dynamically provision bandwidth based on the User Role, as well as enforce consumption-based quotas across the multiple traffic shaping devices across our network.”

Internet is crucial to any business that relies on access to timely convenient information. Besides assuring availability and quality, there are also obligations and legislations that apply to higher education institutions. In the US, the Higher Education Opportunities Act (HEOA) was signed in 2008, requiring colleges and universities to take measures to limit copyright infringements. PacketLogic provides visibility and viable functionality that renders it recognition in “HEOA Role Models” published by the nonprofit association EDUCAUSE and endorsed by the RIAA & MPAA

“Smart Campus demonstrates our commitment to the Higher Education market and extends our thought leadership in this space,” said Trevor Failor, Director of Channel Sales, Americas, at Procera. “After soliciting feedback from our customers, we’ve customized our service provider solutions to accommodate the technical nuances specific to universities, thus providing them with highly scalable solutions designed to meet their specifics needs, and at a compelling price-performance ratio.”

Procera offers a special program called PacketLogic Smart Campus for Higher Education institutions, which is a packaged solution that accommodates the functionality requirements of these customers. For more information on PacketLogic and Smart Campus, please visitwww.proceranetworks.com.

About Procera Networks Inc.
Procera Networks Inc. delivers Intelligent Policy Enforcement (IPE) solutions, leveraging advanced Deep Packet Inspection (DPI) technology. This enables carriers, services providers and higher education institutions to improve the quality and lifetime of their networks, better monetize their infrastructure investments, control hazards, and create attractive services for their users by making qualified business decisions based on granular user and traffic intelligence. Procera’s core product suite, the PacketLogic line of platforms, is an engine that drives the PCC (Policy and Charging Control) ecosystem, by enforcing advanced network and service policies. PacketLogic is deployed at more than 600 customers who value the unparalleled accuracy and high-end performance of the PacketLogic solution. Founded in 2002, Procera (NYSE Amex: PKT) is based in Silicon Valley and has offices around the globe. More information is available at www.proceranetworks.com.

Safe Harbor Statement: This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the “Act”). In particular, when used in this press release, the words “plan,” “confident that,” “believe,” “scheduled,” “expect,” or “intend to,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of Procera to commercialize the applicable technology and introduce products and the acceptance of those products by the market, the ability of resellers to sell the Procera products, market conditions, the general acceptance of the Company’s products and technologies, competitive factors, timing, and other risks described in the Company’s reports and filings with the SEC from time to time.

Procera Networks is a registered trademark, and PacketLogic and DRDL are trademarks of Procera Networks Inc. All rights reserved. All other products or brands mentioned are trademarks and/or service marks of their respective owners.

 

Command Center (OTCBB: CCNI) Announces Revenues of $5.08 Million in February (up 51% from Feb 2010)

Command Center Inc. (OTCBB: CCNI) a national provider of on-demand and temporary staffing solutions, in the same industry as TrueBlue Inc (NYSE:TBI) or CDI Corp (NYSE:CDI), today announced revenues for the month of February.

Command Center, Inc. (OTCBB: CCNI) (http://www.otcmarkets.com/stock/CCNI/quote) , today announced revenue of $5.08 million for the four-week reporting period of February 2011, a 51% increase on revenue of $3.36 million recorded in February 2010. There were 51 company-owned stores in February, as compared with 50 stores one year ago.

“We are extremely pleased with these results,” said Command’s Chairman and CEO, Glenn Welstad. “Despite harsh weather conditions that normally impact our results in the month of February, we were able to generate better-than-expected numbers due to the outstanding sales efforts of our branch office personnel. February revenue also received an added boost from a large event services contract that Command has serviced for the past five years.”

Mr. Welstad added that he expects revenue growth in 2011 “to increase significantly through strategic acquisitions and the opening of new branch offices in areas of the country where there are immediate needs for workers in response to customer orders. In both cases, management will be focused on opportunities for expansion that serve to maintain or improve margins and profitability.”

About Command Center, Inc.
The Company provides on-demand employment solutions to businesses in the United States, primarily in the areas of light industrial, hospitality and event services, as well as other assignments. Additional information on Command Center is available at www.commandonline.com.

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, the severity and duration of the general economic downturn, the availability of worker’s compensation insurance coverage, the availability of capital and suitable financing for the Company’s activities, the ability to attract, develop and retain qualified store managers and other personnel, product and service demand and acceptance, changes in technology, the impact of competition and pricing, government regulation, and other risks set forth in the Form 10KSB filed with the Securities and Exchange Commission on April 9, 2010 and in other statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

Neonode (OTC-BB:NEON) Aligning the Future for Company and Shareholders

Neonode, Inc. (OTC-BB: NEON), a leading provider of optical touch screen solutions for handheld and small to mid-sized devices produced by companies similar to Sony Corporation (NYSE: SNE) and Apple Inc. (Nasdaq: AAPL) needs no further catalyst for future growth as it stands to benefit from its aligned business strategies to continue to meet ongoing demand by consumers for touch screen technologies in modern consumer electronics.

Neonode Inc. (OTC-BB: NEON) is a provider of optical touchscreen solutions for handheld consumer electronic devices and industrial electric devices. With low cost and high-performance technology, the company has seen significant interest from big players in the industry, ranging from Sony Corporation (NYSE: SNE) to several large US and foreign based OEMs.

Well Positioned and Protected

Neonode is prepared for long-term growth through multi-year technology license agreements with several global consumer electronics companies with additional new contracts having been signed already in 2011 to complement a host of previous agreements. The latest design win, which is quantified by projected annual sales of at least one million units, with a major mobile phone manufacturer will integrate the Neonode zForce ® optical touch screen solution into Android based mobile phones. Although this does not carry any guarantee of mass production, it is a critical step in in the regimented process towards large-scale manufacturing contracts. This “design win” comes on the heels of a “contract win” with a global retail electronics company to incorporate Neonode’s touch screen solution into its family of products and carries with it the potential to be the largest technology license agreement that Neonode has signed to date. As customary, the names of these industry leaders have not yet been released for product secrecy reasons.

A key component in the highly-competitive world of technology is patent-protection of intellectual property. Neonode has secured the safety of another of their technology’s future through the issuance by the US Patent Office of a patent 7,880,732 for disambiguating a finger touch that covers more than one character on a virtual keyboard, using a light-based touch for small and medium sized screens. The patent, which is vital to the Company’s touch screen technology, is the fifth awarded to Neonode, with an additional 17 patents pending worldwide.

Longevity of Contracts Crucial to Business Success

Unfortunately, the majority of our society craves instant gratification in all avenues of life; however, the key to any success is virtually never based on that mentality. Sustainable long-term growth is the foundation in the maturation of any company or investment. Neonode’s business structure is based on royalties from contracts which has a snowball effect when exercised over time.

Revenues from earlier contracts are now being realized, and as time passes the revenue stream will compound based on royalties being received from contracts signed in the recent past and contracts still yet to come. Savvy investors utilize this knowledge of future growth when analyzing market capitalization data to find value opportunities in companies such as Neonode while the novice investor tends to only focus on the “here and now” only to miss the opportunity of bargain pricing.

The Technical Trader Takes Notice

While fundamental traders may find the latest news from Neonode worthy of further due diligence, technical traders will appreciate the uptrend that the NEON stock chart has been in for the last eleven months that has carried the share price from the penny level to touch 11 cents in mid-February. While impressive; it is pertinent to take a gander at the overall perspective of the chart by viewing a much longer version where the trend shift from bearish to bullish indications can be realized.

Technical traders are known to place emphasis on the 50 and 200 day moving averages. Watch any version of a CNN financial show and the position of any given equity as it relates to these key components of analysis will be discussed. In the case of NEON, the share price is moving firmly above both moving averages (considered bullish), which have now developed a strong upward channel. A key support level is established at 8 cents and, in the overall picture, the chart appears to be making a very large “rounded bottom,” also thought of to be a bullish formation.

As a result of revenues starting to be realized, a business structure that facilitates long-term growth, patented technologies and a technically sound stock chart, investors may continue to exert a bit more energy following along with the Neonode as it continues to move from developmental into a bona fide revenue producing company.

CryoPort (OTCBB: CYRX) Initiated at Outperform by Zacks Research

ryoPort, Inc. (OTCBB: CYRX), a provider of technology-driven transport and packaging systems focused on the frozen shipping market, operating in the same basic industry as companies like Greif, Inc. (NYSE: GEF) and Silgan Holdings Inc. (Nasdaq: SLGN), was recently initiated with an Outperform by Zacks Research.

CryoPort, Inc. (OTCBB: CYRX), a provider of innovative transport and packaging systems focused on the $400 million global life sciences frozen shipping market, was recently initiated with an Outperform by Zacks Research. The analyst issued the new rating with a price target of $3.85 per share, which represents a significant premium over the current $1.37 per share market price.

To view the complete report, visit the following link:
http://finance.yahoo.com/news/Next-Generation-Frozen-zacks-2477577081.html?x=0&.v=1

About CryoPort, Inc.

CryoPort (www.cryoport.com) has developed a leading edge, proprietary, technology-driven transport and packaging system focused on providing a solution that replaces dry ice for the frozen shipping market in the growing global life science industry. The products developed by CryoPort have a 10+ day holding time, are using “green” materials and are essential components of the infrastructure required for the testing, research and end-user delivery of temperature-sensitive medicines and biomaterials in an increasingly complex global logistical environment.

 

Balqon’s (OTCBB: BLQN) Cracks Open Chinese EV Market

Balqon Corporation (OTCBB: BLQN), a developer and manufacturer of zero-emission heavy-duty electric vehicles, lithium battery energy storage products and drive systems, similar to companies A123 Systems, Inc. (Nasdaq: AONE) and Tesla Motors, Inc. (Nasdaq: TSLA), cracked open the Chinese market with its recent agreement with Winston Global Energy to export 300 electric drive systems.

Balqon Corporation (OTCBB: BLQN), a developer and manufacturer of zero-emission heavy-duty electric vehicles, lithium battery energy storage products and drive systems, recently announced a deal to export 300 electric drive systems to China’s Winston Global Energy to power inner city buses. The move comes after demonstrating its drive and battery management system technologies in China during 2010, which the company sees as a jumping point into additional worldwide markets for inner city buses.

The complete interview can be viewed here:

 

About Balqon Corporation

Headquartered in Harbor City, California, Balqon Corporation (OTCBB: BLQN) a developer and manufacturer of lithium battery powered electric trucks, battery powered energy storage solutions and drive systems for 10 to 50 ton capacity vehicles and material handling equipment. Balqon product line includes 30 ton capacity yard tractors designed to transport containers at ports, warehouses, distribution centers and military facilities. The Company also manufactures complete electric drive systems for electric buses, medium duty trucks and tractors. For more information about Balqon Corporation, visit www.balqon.com.

ZAP (OTC-BB: ZAAP) Completes Acquisition of China’s Jonway Automotive

ZAP Electric vehicles

ZAP (OTC-BB: ZAAP), one of the world’s oldest consumer electric vehicle providers, operating in the same industry as companies like Tesla Motors, Inc. (Nasdaq: TSLA) and utilizing battery technologies similar to companies like A123 Systems, Inc. (Nasdaq: AONE), recently completed its acquisition of China’s Jonway Automotive.

Electric vehicle market pioneer ZAP (OTC-BB: ZAAP) announced today that it has completed its acquisition of 51 percent of the capital stock of Zhejiang Jonway Automobile Co. Ltd. of Sanmen, Zhejiang, China. Cathaya Capital LP has funded the aggregate amount of US$36 million.

The final payment of US$19 million related to the acquisition was made on January 21, 2011 with the funding from Cathaya Capital. Total cash payment for the acquisition of 51 percent of Jonway Automobile was US$30,030,000.

With ZAP’s electric vehicle (EV) technology expertise and international experience, the combined company intends to build the necessary production platform to address the Chinese EV market. The newly combined company, to be renamed ZAP Jonway, will leverage Jonway Auto’s A380 SUV, as well as its established distribution channels to the Chinese market with over 90 direct dealers. ZAP Jonway will manufacture and sell SUVs powered by ZAP’s electric drive train and expects to benefit from the 60,000 RMB (approximately US$9,000) government incentives granted to electric car buyers.

Jonway Automobile anticipates vehicle sales for its gasoline A380 SUV to increase by 40 percent to over 10,000 vehicles in 2011 compared to 2010. In 2009, its first year of sales, Jonway Automobile experienced sales of 4,000 SUVs, which rose to over 7,000 in 2010, each with a sales price of around US$11,000. ZAP Jonway is currently adding to its manufacturing production lines to deliver the A380 EV SUV by the anticipated date of June 2011 and ZAP’s ALIAS EV roadster by September 2011.

“Jonway Automobile’s revenues from selling its gasoline vehicles will help build the foundation for ZAP Jonway’s growth in the electric vehicle market, allowing ZAP to focus on further strengthening its EV technology, reinforced by Jonway’s manufacturing production expertise and ready market access to China,” said Dr. Priscilla Lu, founder and general partner of Cathaya Capital, a Cross Border Fund focused on China. Dr. Lu has served as Chairman of the Board for ZAP since September 2009. Cathaya Capital has invested US$36 million in ZAP since September 2009 with the goal of completing this 51 percent acquisition of Jonway Automobile.

Jonway Automobile is ISO 9000 certified with over 3.6 million square feet of fully provisioned factory space on 141 acres of land.

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP’s products, increased levels of competition, new products and technological changes, ZAP’s dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the ZAP’s periodic reports filed with the Securities and Exchange Commission.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6584291&lang=en

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