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SBINet / Boeing needs more towers / Cyberlux
http://www.fcw.com/online/news/150267-1.html
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Congressional investigators easily snuck into the United States from Canada three times carrying duffel bags simulating smuggled radioactive materials, according to a report released today by the Government Accountability Office.
A fourth illegal crossing by the GAO team was detected by a U.S. resident and reported to the Border Patrol. However, the patrol was “not able to locate our investigators and their simulated contraband,” the GAO report states.
The 13-page report describes the ease with which the investigators were able to simulate illegal entry into the U.S. from Canada. The GAO team did not attempt to enter the country from Mexico, citing safety reasons.
"Our work shows that a determined cross-border violator would likely be able to bring radioactive materials or other contraband undetected into the United States by crossing the U.S.-Canada border at any of the locations we investigated," the GAO report concluded.
The GAO did not identify the four locations along the U.S.-Canada border at which the crossings were made.
The report may draw attention to the Canadian phase of the Bush Administration’s SBInet, in which an electronic surveillance system is to eventually span the northern and southern land borders. Work on the first phase has already begun along a 28-mile section of the Arizona-Mexico border. The southern border alone is expected to cost $8 billion.
The electronic surveillance system is expected to offer numerous contracting opportunities for companies involved in technologies for cameras, radar, sensors, networks, integration software and systems integration.
SBINE STATUS
http://www.stltoday.com/stltoday/business/stories.nsf/0/6F6B97E3CD48261B86257362000DFD8A?OpenDocumen...
By 2013, plans call for the network of towers to span 6,000 miles of the borders with Mexico and Canada with costs estimated to be from $8 billion to $30 billion.
JUST THE BEGINNING
RESEARCH TRIANGLE PARK, N.C., June 27 /PRNewswire-FirstCall/ -- Cyberlux Corporation, (OTC:CYBL) (BULLETIN BOARD: CYBL) , a leading provider of LED lighting solutions, announced today that the Company has received a new order for the BrightEye Visible and Covert Portable Illumination System from the Louisiana National Guard. The BrightEye VaC Portable Illumination System is the most advanced portable, battery-powered visible and covert lighting system developed by Cyberlux to address the portable lighting needs within the United States Armed Forces. The BrightEye System is a light weight, rapidly deployable illumination system that provides "stadium-type" illumination with an under 5 minute set-up time by a single service person.
The Louisiana State National Guard is the second of fifty state-level Guard units to purchase a BrightEye system. Recently, the National Guard Bureau, the federal-level Guard organization, and the New York State National Guard each purchased BrightEye systems for field trials. On a global level, the National Guard requires rapidly deployable portable covert and visible lighting systems for disaster response, border patrol support, homeland defense operations, and global military deployments. The Louisiana Unit will utilize the BrightEye system for disaster response during the current hurricane season and for Night Vision Goggle (NVG) operations during upcoming deployments.
"Receiving the Louisiana National Guard customer order signifies the importance of our BrightEye System's rapid deployment capability and field performance," said Mark Schmidt, president and chief operating officer for Cyberlux. "The Louisiana Guard order demonstrates the commitment to excellence within the Louisiana Guard leadership. The order, comprised of two systems and two spare part kits priced at $50,144.00, represents an important next step in the integration of our BrightEye light-weight, portable battery-powered solid- state lighting systems within National Guard units throughout the Country."
The BrightEye VaC Portable Illumination System is designed as a visible and night-vision compatible illumination system for general mission lighting, force protection, maintenance lighting, expeditionary base protection, disaster first responders, and other rapidly deployable high-intensity lighting applications. Using proprietary optics, advanced solid-state lighting technology, and light-weight battery power, all contained in an easily transportable wheeled case, the BrightEye system is capable of eliminating the space-consuming bulk, noise and energy consumption of the current generator- powered incandescent lighting systems. Unique to the marketplace, the BrightEye provides both visible white lighting and night-vision compatible covert lighting capability not available in traditional lighting systems.
The BrightEye System is available through the General Services Administration (GSA) Federal Supply Schedule 56 for Specialty Lighting products under Cyberlux GSA Contract GS-07F-9409S and orderable part number 2CP0170.
this stock was dead for a year,,,
then came BOEING...
i luv u cyberlux
back to 1 dollar maybe
UTEK Corporation Completes Technology Transfer with Cyberlux Corporation
BUSINESS WIRE - November 13, 2006 02:00 AM US Eastern Timezone
TRansfer Includes Worldwide License For Technology To Create Improved Light Emitting Diodes.
TAMPA, Fla., DURHAM, N.C. & TROY, N.Y.--(BUSINESS WIRE)--UTEK Corporation (AMEX:UTK) (LSE-AIM:UTK), a specialty finance company focused on technology transfer, and Cyberlux Corporation (OTCBB:CYBL), a provider of LED lighting solutions, today announced that Cyberlux has acquired SPE Technologies, Inc. a wholly owned subsidiary of UTEK Corporation in a restricted stock transaction.
Prior to the Cyberlux acquisition, SPE Technologies, Inc. held the worldwide exclusive license to a number of pending patents for the Scattered Photon Extraction™ (SPE) methodology, developed at Rensselaer Polytechnic Institute. These packages are designed to enable higher luminous efficacy with down-converted white light illuminators constructed with Light Emitting Diodes (LED). In contrast to traditional white LED packages, the SPE packages place the phosphor and/or down-conversion materials, such as quantum dots, at locations remote from the LEDs. The optic surrounding the LED’s die is shaped to extract a significant portion of the down-converted white light that is otherwise absorbed and lost as waste heat within the traditional LEDs packages.
“The SPE technology increases light output and efficacy of white LEDs, and could play a important role in the evolution of white LEDs for lighting in homes and offices,” said Nadarajah Narendran, Director of Research at Rensselaer’s Lighting Research Center, where the technology was developed.
“This newly acquired technology gives Cyberlux the ability to ultimately hold the proprietary rights to a technology that could provide major advancements in the LED marketplace,” says Mark Schmidt, President, Chief Operating Officer of Cyberlux Corporation. “With the development of the SPE technology, the Rensselaer researchers have developed what we believe to be novel white LED packages that may achieve a brighter, more efficient illumination system. We hope that this acquisition will bring a greater value to our company and compliment our existing suite of products sold both to the commercial and residential lighting market,” added Schmidt.
“UTEK is pleased to consummate this technology transfer between Rensselaer Polytechnic Institute and Cyberlux Corporation,” said Claire Guyer, Manager of Technology Licensing at UTEK Corporation.
We are a solid-state lighting technology and product development company that focuses on delivering unique lighting solutions to market with the most advanced semiconductor, power and LED technology. Recently, through our strategic partnership with UTEK, a specialty finance company focused on technology transfer, we acquired the world-wide exclusive rights to two technologies that when combined with our products, create a breakthrough in solid-state lighting capability. Through the combination of the hybrid organic / inorganic white and multi-color lighting technology acquired from the University of California-Santa Barbara and the Scattered Photon Extraction TM (SPE) technology acquired from Rensselaer Polytechnic Institute, we will commercialize the resulting proprietary lighting technology as “Hybrid White Light” (HWL) and “Hybrid Multi-color Light” (HML). The resulting lighting technology will yield a lower cost, more energy-efficient lighting source than currently available in solid-state light-emitting diode (LED) solutions.
With today's best white LEDs operating at 75 lumens per watt range, the HWL technology will produce up to 225 lumens per watt. While the best LED performance today represents 5 times better energy efficiency than current light bulbs, our HWL technology will improve efficiency by an additional 300 percent.
The Market
History of LEDs
“Solid-state Lighting” uses LEDs as the source of illumination. LEDs emit light directly from an electrically charged semiconductor material. Photons are released at various frequencies that create different colors of light. The first commercial LEDs were only able to produce invisible, infra red light, but still quickly found their way into sensing and photo-electric applications. The use of Gallium Aluminum Arsenide Phosphide LEDs in the early to mid 1980s brought the first generation of super bright LEDs, first in red, then yellow and finally green. By the early 1990's, ultra bright LEDs using Indium Gallium Aluminum Phosphide to produce orange-red, orange, yellow and green light had become available.
Eventually, ultra-bright blue chips became the basis of white LEDs, in which the light emitting chip is coated with fluorescent phosphors. These phosphors absorb the blue light from the chip and then re-emit it as white light. This same technique has been used to produce virtually any color of visible light and today there are LEDs on the market which can produce previously "exotic" colors, such as aqua and pink.
LEDs not only have color characteristics, but also have intensity, or “brightness”. Like semiconductors, LEDs are becoming roughly twice as powerful (bright) around every eighteen months.
LEDs are currently in mass production by companies such as Cree, Nichia and LumiLeds, all of which supply to us. Although 50 lumens/watt (“lm/w”) is the current standard, all three companies are increasing efficiency in their current production lines up to 75 lm/w at 1w. With the HWL technology, we expect to produce up to 225 lumens per watt with the combined hybrid organic/inorganic polymer solid-state lighting capability. We will license the HWL technology as both lighting element packages and fixture reference designs in order to scale penetration into the existing lighting market.
To address the tremendous opportunity in the $12 billion general lighting market, we have developed a line of LED lighting products and fixtures for residential, commercial, military and homeland security markets, including kitchen and closet task lighting and emergency lighting products. We design and engineer products that adapt technology advancements from semiconductor manufacturers, including Cree, Inc., for use by the general public and military.
5 year chart
1 dollar all time high
and *** said,,,, let there be CYBERLUX
LET THERE BE LIGHT
LET THERE BE CYBERLUX....
1 DOLLARRRRR
and Cyberlux said... let there be light......
will CYBL become a dollar stock
this is bigggggg
Evaluation Recommending Use Across All Armed Services
as i said earlier 4 cents or higher
the best part ... Evaluation Recommending Use Across All Armed Services
http://www.azstarnet.com/dailystar/154728
Boeing hopes to give 40 percent of subcontracted work to small and minority-owned companies, Villanueva said. Unisys Corp. will parcel out at least 30 percent of its subcontracted work to border-state small businesses, Seagrave said.
BUY CYBL
WILL DOUBLE TODAY TO 4 CENTS OR HIGHER
GREAT FOLLOW UP NEWS
CYBL WILL DOUBLE TODAY....
4 CENTS.... OR EVEN HIGHER
I SAID IT FIRST
TNRO... ANOTHER STEEL/COPPER PLAY IN CHINA
all time high was 1 dollar
http://www.news.com/Cheaper-LEDs-to-light-a-green-path/2100-1008_3-6151515.html
The future of light is plastic, Cyberlux says.
The company, which specializes in light-emitting diodes, plans to reveal in about four months prototypes of a new style of white-light LEDs that would both cost substantially less to manufacture and provide more light than conventional LEDs.
Combined, the two advantages would enable light fixtures based on LEDs, which are now relatively expensive, to better compete with traditional lamps based on conventional glass bulbs and fluorescent lights, according to Cyberlux President Mark Schmidt.
light emitting diodes in Boeing Jetliners
http://images.google.com/imgres?imgurl=http://www.dezeen.com/wp-content/uploads/2007/07/787intmockup...
DID BOEING ALSO CONSIDER CYBERLUX IN ITS JETLINERS
``We shaped the fuselage for more visual spaciousness,'' Price said. The overhead bins tuck more tightly to the cabin wall when closed, even though they are larger than in similar planes flying today. Light-emitting diodes set into the ceiling offer a welcome change from sallow fluorescents. Boeing narrowed the seatback tops to broaden vistas for short passengers.
http://www.bloomberg.com/apps/news?pid=20601088&sid=aRRz0hApg5SQ&refer=home
TNRO PVNC
ANYTHING CHINA IS BUYYYYYYYYYYY
For our Military Products, go to the GSA Advantage website at: gsaadvantage.gov. Use the "Keyword Search" to search for "Cyberlux", click "Find It". The WatchDog and BrightEye Systems are available for purchase.
https://www.gsaadvantage.gov/advgsa/advantage/main/start_page.do
https://www.gsaadvantage.gov/advgsa/advantage/search/search.do?BV_UseBVCookie=Yes
HOW LONG IS THIS WALL/BARRIER....
THATS HOW HIGH CYBL WILL BE
the last paragraph may relate to CYBL
Boeing Team Awarded SBInet Contract by Department of Homeland Security
Three year effort will strengthen border security
ST. LOUIS, Sept. 21, 2006 -- The U.S. Department of Homeland Security (DHS) has awarded an industry team led by The Boeing Company [NYSE: BA] a contract for the department's technology component of its Secure Border Initiative (SBI) effort, SBInet. The contract work will be performed over a three-year period with three one-year options.
The Boeing SBInet team was selected over a field of major domestic and international teams in a competition that began earlier this year. Boeing's solution concentrated on using proven, low risk, off-the-shelf technology to ensure SBInet will significantly improve the availability of information and tools to Border Patrol agents so they can better detect, identify, classify and resolve illegal border activity by those who pose a threat to the United States.
"Being selected to support Customs and Border Protection as they secure our nation's borders is a testament to the strength of our team and the expertise, talent and focus that we bring to this task," said George Muellner, president of Boeing Advanced Systems for Boeing Integrated Defense Systems. "Our team is absolutely committed to making SBInet a success, and we are ready to respond immediately to our customer in the detailed design and deployment of this critical solution to enhance our nation's border security system."
The Boeing SBInet core team includes:
Centech -- Arlington, Va.
DRS Surveillance and Reconnaissance Group -- Palm Bay, Fla.
Kollsman Inc. (an Elbit Systems of America company) -- Merrimack, N.H.
L-3 Government Services Inc. -- Washington, D.C.
L-3 Communication Systems West -- Salt Lake City, Utah
Lucent Technologies -- Murray Hill, N.J.
Perot Systems -- Plano, Texas
Unisys Global Public Sector -- Reston, Va.
USIS -- Washington, D.C.
In the coming months, Boeing will issue subcontracts to many additional companies including small and minority-owned businesses, to bring the best available solutions to SBInet.
REPOST....
VERY INTERESTING ARTICLE / LETTER
http://images.google.com/imgres?imgurl=http://www.sao.arizona.edu/FLWO/LIGHT/Yuma.jpg&imgrefurl=....
Mr. Phil Smith
SBInet Chief Engineer
Secure Border Initiative
Arlington, Virginia 22209
Dear Mr. Smith,
Thank you for your positive response.
Perhaps we can start by my outlining concerns I am aware of for
southern Arizona observatories and staff of other border state
observatories may then add their specific concerns.
1. Increased light in the night sky --
a. One-half mile of stadium style lighting was added
at Yuma/San Luis last month.
b. The lighting at Bisbee/Naco has been extended to
about 3.7 miles, increasing the number of light poles from 19 to 92.
c. The Border Patrol has plans to build a permanent
checkpoint on Interstate 19 at the highway's closest approach to the
Whipple and MMT Observatories.
With regard to outdoor lighting, the greatest damage is done by light
which leaves a lighting fixture above the horizontal plane. This
light goes directly to the night sky, overwhelming the starlight we
try to study, and does no lighting work. Not only does the uplight
not help anyone to see, it can create blinding glare for an observer
and is a waste of energy.
Another consideration is the amount of light. Even from the best
shielded lighting fixture, an average of 10 to 15 percent of the
downlight reflects off the ground and into the night sky. Good
lighting practice is to light to the task. That is, use as much light
as is needed, but no more. The Outdoor Lighting Codes in areas
surrounding observatories recognize this by placing limits on the
overall amount of light that may be installed per acre.
The lighting experts on this email distribution can give you or your
staff as much specific information about lighting fixtures and design
as you wish.
2. Radio emissions --
1. The tethered aerostat (airborne radar) at
Ft. Huachuca, Ariz., long-ago modified its transmission pattern to
avoid interfering with radio telescopes at the Kitt Peak Observatory
site. I have heard second-hand that the plans are in the works to
greatly increase the signal strength and possibly drop out the null
zones in its transmission.
If true, this would directly affect radio telescopes sited on Kitt
Peak and on Mount Graham. If the signal strength is high enough, the
radio waves could cause interference with the cameras and other
electronics on optical telescopes as well. Because of this, the
NEXRAD weather radar located east of the Whipple and MMT Observatories
blinks off its transmission when pointing at the observatories on Kitt
Peak, Mt. Graham and Mt. Hopkins.
The list here only describes the nature of our concerns. We do not
know the scope of SBI projects and, at this stage, you may not know
either. No matter, we do wish to work with you so that you can
accomplish your task with the least harm to ours. Please let us know
the best way to proceed.
Regards,
Dan Brocious
Smithsonian Institution
Fred Lawrence Whipple Observatory
Possible additions to the border near Nogales are shown in views of San Diego, CA and Yuma, AZ (W of Nogales on the CA border). We plan to work with DHS and BP to minimize the impact of any lighting at the border on the night sky and of possible radio emissions on FLWO equipment.
VERY INTERESTING ARTICLE / LETTER
http://images.google.com/imgres?imgurl=http://www.sao.arizona.edu/FLWO/LIGHT/Yuma.jpg&imgrefurl=...
Mr. Phil Smith
SBInet Chief Engineer
Secure Border Initiative
Arlington, Virginia 22209
Dear Mr. Smith,
Thank you for your positive response.
Perhaps we can start by my outlining concerns I am aware of for
southern Arizona observatories and staff of other border state
observatories may then add their specific concerns.
1. Increased light in the night sky --
a. One-half mile of stadium style lighting was added
at Yuma/San Luis last month.
b. The lighting at Bisbee/Naco has been extended to
about 3.7 miles, increasing the number of light poles from 19 to 92.
c. The Border Patrol has plans to build a permanent
checkpoint on Interstate 19 at the highway's closest approach to the
Whipple and MMT Observatories.
With regard to outdoor lighting, the greatest damage is done by light
which leaves a lighting fixture above the horizontal plane. This
light goes directly to the night sky, overwhelming the starlight we
try to study, and does no lighting work. Not only does the uplight
not help anyone to see, it can create blinding glare for an observer
and is a waste of energy.
Another consideration is the amount of light. Even from the best
shielded lighting fixture, an average of 10 to 15 percent of the
downlight reflects off the ground and into the night sky. Good
lighting practice is to light to the task. That is, use as much light
as is needed, but no more. The Outdoor Lighting Codes in areas
surrounding observatories recognize this by placing limits on the
overall amount of light that may be installed per acre.
The lighting experts on this email distribution can give you or your
staff as much specific information about lighting fixtures and design
as you wish.
2. Radio emissions --
1. The tethered aerostat (airborne radar) at
Ft. Huachuca, Ariz., long-ago modified its transmission pattern to
avoid interfering with radio telescopes at the Kitt Peak Observatory
site. I have heard second-hand that the plans are in the works to
greatly increase the signal strength and possibly drop out the null
zones in its transmission.
If true, this would directly affect radio telescopes sited on Kitt
Peak and on Mount Graham. If the signal strength is high enough, the
radio waves could cause interference with the cameras and other
electronics on optical telescopes as well. Because of this, the
NEXRAD weather radar located east of the Whipple and MMT Observatories
blinks off its transmission when pointing at the observatories on Kitt
Peak, Mt. Graham and Mt. Hopkins.
The list here only describes the nature of our concerns. We do not
know the scope of SBI projects and, at this stage, you may not know
either. No matter, we do wish to work with you so that you can
accomplish your task with the least harm to ours. Please let us know
the best way to proceed.
Regards,
Dan Brocious
Smithsonian Institution
Fred Lawrence Whipple Observatory
Possible additions to the border near Nogales are shown in views of San Diego, CA and Yuma, AZ (W of Nogales on the CA border). We plan to work with DHS and BP to minimize the impact of any lighting at the border on the night sky and of possible radio emissions on FLWO equipment.
all i can say is that this SBInet project is much much longer than the airport runways that CYBL has previous awards had
http://www.washingtontechnology.com/print/22_11/30919-1.html
SBInet consists of cameras, sensors and communications systems strung on towers along the border. Chicago-based Boeing won the contract for SBInet along with the task order for the first 28-mile section in September 2006. It expects to receive additional task orders for that project, which is anticipated to cost about $8 billion through 2011.
On June 13, the first nine towers were scheduled to go live in that 28-mile section, dubbed Project 28.
“We are completely baffled why Boeing chose the preferred site for our tower,” Conway said. “No answer has been offered to the question, ‘Why here?’”
The towers can be moved, and at the end of the Project 28 trial DHS will decide whether to keep the Arivaca tower in place or relocate it. “Arivaca is determined to prove the unsuitability of our tower site since our reasoned appeals to move the site before deploying were ignored,” he said.
Conway, a retired geologist, also predicts that the Arivaca tower will not be able to detect many intruders in the region because they stay below ground level in large canyons. “Illegal entrants and smugglers use the excellent cover of the washes and can remain below the radar and difficult to detect for long distances,” he said.
Boeing officials referred all requests for comment to DHS, and department officials declined to respond.
“June 13, 2007, marks an important date for the SBInet program and for the Department of Homeland Security as a whole,” said Rep. Bennie Thompson (D-Miss.), chairman of the Homeland Security Committee, at a congressional hearing June 7. “On that date, Project 28 is scheduled to be fully operational, and we will begin to learn whether this $20 million initial investment is going to be a success.”
Each of the towers has radar, infrared cameras and other sensors, and data-processing and communications equipment to distribute information to control centers, mobile units, agent vehicles and other law enforcement employees. The information creates a near-real-time view of activity in the vicinity of the towers, giving border patrol agents the locations of suspected intrusions, department employees, vehicles and other assets.
The SBInet system will eventually stretch across the United States’ southern and northern land borders to detect intruders and coordinate intervention. As one of DHS’ largest programs, the two-border system has an estimated value of as much as $30 billion.
damn hedge fund lol
Hedge funds used deceit, suit says
Cyberlux claims millions were lost
David Ranii, Staff Writer
A small Triangle company has accused a group of hedge funds of scheming to manipulate its stock for profit.
Cyberlux, a Research Triangle Park company that designs and makes lighting, has sued the hedge funds, alleging fraud, securities violations and breach of contract, among other claims. The lawsuit was filed in federal court in New York.
According to the lawsuit, the scheme resulted in Cyberlux losing hundreds of millions of shares of its stock that currently are worth nearly $2 million. Cyberlux, whose shares are traded over the counter, has 507 million shares outstanding.
The "predatory and illegal trading scheme," according to the lawsuit, also "has forced Cyberlux's stock price to fluctuate dramatically and to ultimately decrease, causing serious erosion of the equity value of Cyberlux in an amount to be determined at trial."
"Additionally, defendants' unlawful actions have caused Cyberlux to experience or will cause Cyberlux to experience greater difficulty in securing financing or issuing any debt or equity offerings," the suit states.
The lawsuit seeks monetary damages and aims to stop further action by the defendants, which are four hedge funds that share a corporate parent, NIR Group of Roslyn, N.Y. Its executives could not be reached for comment.
The lawsuit claims that the hedge funds lent money to Cyberlux, in the form of notes that were convertible to common stock, in transactions that began in September of 2004 and continued through July. The conversion price fluctuated with the stock price -- the lower the stock price, the lower the conversion price. Also, the lower the share price, the more shares the hedge funds would be issued.
Such agreements are known as "death spiral convertibles" and are usually issued by small companies that urgently need cash.
The suit claims the defendants manipulated Cyberlux stock by selling the shares short as soon as the notes were converted into stock -- that is, borrowing shares from a broker with an agreement to later buy the shares back at the prevailing price. Selling a stock short enables investors to profit when the share price falls.
That maneuver triggered a "precipitous drop" in Cyberlux's stock price, which lowered the conversion price the defendants had to pay for their stock and led Cyberlux to issue more shares to the defendants than it would have otherwise, the lawsuit claims.
The hedge funds had said in loan agreements that they would not get involved in short selling Cyberlux stock, the suit says. The suit also accuses them of violating restrictions in the loan agreements that limited the amount of shares they could convert.
Cyberlux's attorney, Ernest E. Badway of New York, said neither he nor the company had any comment on the case.
Cyberlux shares, which fetched 5 cents a year ago, closed at not quite six-tenths of a cent Wednesday.
The company, which was incorporated in 2000, posted a loss of $12.2 million in the first half of this year. Revenue totaled $223,355 during that period, up from $130,226 a year earlier.
The company announced last month that because of increased demand for its product, it expects to generate $3.7 million in revenue this year and to start generating positive cash flow.
Staff writer David Ranii can be reached at 829-4877 or david.ranii@newsobserver.com.
RESEARCH TRIANGLE PARK, N.C., June 26 /PRNewswire-FirstCall/ -- Cyberlux Corporation (BULLETIN BOARD: CYBL) , a developer and manufacturer of solid- state lighting solutions, announced today that the Company has completed the valuation process of its Hybrid White Light (HWL) and its Hybrid Color Light (HCL) by an independent third party. The value in its "proof of concept" or pre-commercialization state was estimated at 5.0 million dollars, almost twice the current market capitalization of the company. Adding to that the EverOn valuation from second quarter 2006, worth 4.8 million, the current IP portfolio valuation for Cyberlux is approaching a conservative ten million dollars, more than five times the current market value of the security.
"This partial valuation reflects both a segment of our existing product line, as well as our one-of-a-kind lighting technology that is exclusively licensed and proprietarily owned by Cyberlux Corporation," said Mark Schmidt, President and COO of Cyberlux. "Having both our flagship retail product, the EverOn, and our innovative HWL and HCL technology valued was an important step toward presenting our intellectual properties in a proper context. As our patent values increase in parallel with generation of higher revenues, we become a much more valuable company to the benefit of our shareholders. We recognize the significant effort required in reaching our ultimate goals, but we are encouraged with the progress to date," added Schmidt.
In November 2006, Cyberlux acquired the worldwide exclusive rights to the pending patents for the Scattered Photon Extraction(TM) technology and methods developed at Rensselaer Polytechnic Institute. The SPE technology enables light-emitting sources to operate at a higher luminous efficacy where traditional phosphor or downconversion materials such as luminescence polymers and/or organic films as defined by University of California - Santa Barbara patent 5,966,393 are placed at locations remote from the photon-emitting solid-state inorganic light source.
In January 2007, the Company acquired the worldwide exclusive rights to patent 5,966,393 "Hybrid Light-Emitting Sources for Efficient and Cost Effective White Lighting and for Full-Color Applications" from the University of California - Santa Barbara. The technology patent defines the method and practice for creating a white or multi-colored lighting source by combining the photoluminescence of polymers and/or organic films with photon emissions from a solid-state inorganic light source. The principle inventors include Nobel Laureate Dr. Alan Heeger and Dr. Steven DenBaars, Professor of Materials and Co-Director of the Solid-State Lighting Center at the University of California-Santa Barbara, who will advise the Company on the hybrid organic/inorganic lighting technology commercialization.
The EverOn contains 6 bright white and 4 amber diodal(tm) lighting elements that never require replacement. The EverOn has three light settings including a low, nightlight level; a medium, room-filling light level; and a high, spotlight level. The EverOn builds on the Cyberlux patent for lighting systems capable of generating long-term interim lighting, including the lighting device and associated methods for providing emergency or temporary lighting. Specifically, the patent addresses an electrochemical lighting system capable of providing prolonged illumination with the use of light emitting diodes (LEDs) as the illumination source. The patent embodies lighting devices capable of providing long-term interim lighting via an array of LEDs, the means for providing electrical energy to the LED array, the capability of multi-level light intensity consistent with light longevity and power source relationships including conventional A/C, solar, various electrochemical assemblies or all other means of electrical energy support.
BOEING
BOEING
GO CYBL
How big is this Boeing project
http://www.boeing.com/ids/advanced_systems/sbinet/index.html
The Secure Border Initiative (SBI) is a comprehensive plan by the U.S. Department of Homeland Security (DHS) to gain operational control of the U.S. borders through the integration of increased staffing, interior enforcement, detection technology and infrastructure, and coordination on federal, state, local and international levels.
A critical component of SBI is SBInet, a program focused on transforming border control through technology and infrastructure. SBInet will provide frontline personnel advantages in securing the nation's land borders through the most effective integration of current and next generation technology, infrastructure, staffing and response platforms.
The SBInet solution will be managed and executed by the U.S. Customs and Border Protection agency, and will be deployed using a homeland security threat-based approach.
Wireless carriers sued for patent infringement 26 minutes ago
NTP Inc, which last year won a $612.5 million settlement from the maker of Blackberry, has sued four of the top U.S. mobile service providers for infringing eight patents related to wireless e-mail.
The lawsuits, against Verizon Wireless, Sprint Nextel Corp (S.N), T-Mobile USA and the mobile unit of AT&T Inc (T.N) were filed September 7 in the U.S. District Court for the Eastern District of Virginia, according to court documents.
NTP, which is asserting patents related to products, processes and services used for wireless e-mail systems, said it was seeking a jury trial, injunctive relief and monetary damages.
The suits follow a case NTP brought against Treo mobile phone maker Palm Inc (PALM.O) in November last year.
The judge in the Palm case granted a stay of the suit in March this year and agreed to strike an NTP complaint alleging misbehavior by Palm at the U.S. Patent and Trademark Office.
Virginia-based NTP is best known for its prolonged patent infringement battle with Research In Motion Ltd (RIM.TO), maker of Blackberry, the popular wireless e-mail device.
Officials for AT&T and Verizon Wireless
TNRO
280 MILLION REVENUE
For the three months ending May 31, 2007, the Shandong Quanxin Stainless Steel joint venture operations generated revenues of $88.8 million, with a total 28.3 metric tons (MT) of billets and hot roll coil sold. This substantial increase over prior quarter revenues of $1.6 million is attributed to the successful ramp-up of production at the casting mill.
Shandong Jinpeng Metallurgical copper joint venture operations generated revenues of $44.5 million, from sales of 4,643 MT of electrolytic copper and copper rod, 1,372 MT of low-oxygen copper rod, 17,876 g of gold, and 1,598 kg of silver. This represents a 12.3% increase over the third quarter copper operations revenues of $39.6 million.
For the fiscal year ending May 31, 2007, the Copper and Stainless Steel joint venture operations generated combined preliminary revenues of over $280 million, compared to prior year joint venture revenues of $106.7 million.
Terra Nostra expects to release fully consolidated results for the fourth quarter and fiscal year (audited) ending May 31, 2007 representing its joint venture ownership interests within the next 45 days.
For the three months ending May 31, 2007, the Shandong Quanxin Stainless Steel joint venture operations generated revenues of $88.8 million, with a total 28.3 metric tons (MT) of billets and hot roll coil sold. This substantial increase over prior quarter revenues of $1.6 million is attributed to the successful ramp-up of production at the casting mill.
Shandong Jinpeng Metallurgical copper joint venture operations generated revenues of $44.5 million, from sales of 4,643 MT of electrolytic copper and copper rod, 1,372 MT of low-oxygen copper rod, 17,876 g of gold, and 1,598 kg of silver. This represents a 12.3% increase over the third quarter copper operations revenues of $39.6 million.
For the fiscal year ending May 31, 2007, the Copper and Stainless Steel joint venture operations generated combined preliminary revenues of over $280 million, compared to prior year joint venture revenues of $106.7 million.
Terra Nostra expects to release fully consolidated results for the fourth quarter and fiscal year (audited) ending May 31, 2007 representing its joint venture ownership interests within the next 45 days.
old article
http://www.fool.com/DTrouble/1997/DTrouble971021.htm
HOW DID IT FIND TROUBLE?
Gargoyles has tried to scare away the evil spirits, but this manufacturer of performance sunglasses hasn't been able to escape the shadows hanging over the entire industry.
After going public in late September 1996 at $16 a share, the stock soared to $23 1/2. Just two weeks later, leading retailer SUNGLASS HUT (Nasdaq: RAYS) reported that weak same-store sales would cause it to miss estimates. Like its competitor OAKLEY (NYSE: OO), Gargoyles took a dip on the news, falling from the cathedral height of $19 to $14 as investors smelled a bloodbath coming.
The ensuing gothic horror story of Gargoyles' drop to $5 5/8 was uglier than Quasimodo. The shares found the gutter after Sunglass Hut's declining same-store sales, excess inventory, and costly restructuring constrained Gargoyles' expected sales.
The company did report decent second quarter results on 54% higher sales, but the $0.17 EPS wasn't close to the numbers once expected for the firm's important summer quarter. Gargoyles scared investors again on Sept. 22 when it said it would miss the $0.12 per share third quarter earnings estimates, barely breaking even for the quarter.
BUSINESS DESCRIPTION
Based in Kent, Washington, Gargoyles designs and manufactures leisure and sports-oriented premium sunglasses that sell for $80 to $190 apiece. Many of its glasses rely on a patented dual lens toric curve technology that cuts down on distortion even in the popular wraparound models.
In addition to its Gargoyles brand, the company owns the Hobie line of polarized glasses. In the first quarter, it introduced outdoor lifestyle-oriented models under a licensing agreement with Timberland. The second quarter brought a deal for Sungold I-Wear, makers of the Stussy brand for young men and the Anarchy brand popular with extreme sports enthusiasts. The firm also acquired The Private Eyes Sunglass Corp., which markets the Ellen Tracy, Emmanuelle Khanh, and Private Eyes brands.
Gargoyles's strategy is to expand its line of premium brands so it can reach new consumers and open new distribution channels in the $1.9 billion annual domestic market for sunglasses. The company has endorsement deals with sports stars such as Ken Griffey, Jr. and Scottie Pippen. It also sponsors a NASCAR race in Daytona, Florida.
The firm is now third in the premium market behind the two industry giants, BAUSCH & LOMB (NYSE: BOL), makers of Ray Bans, and Oakley, which together claim half the market. Sunglass Hut is its major customer, accounting for 30% of sales last year.
FINANCIAL FACTS
Income Statement
12-month sales: $40 million
12-month income: $1.5 million
12-month EPS: $0.20
Profit margin: 3.8%
Market Cap: $46.1 million
Balance Sheet
Cash: $0.4 million
Current Assets: $40.4 million
Current Liabilities: $17.9 million
Long-term Debt: $23.7 million
Ratios
Price-to-earnings: 30
Price-to-sales: 1.2
HOW COULD YOU HAVE SEEN IT COMING?
As Sunglass Hut ascended to $36 a share, short-sellers kept talking about market saturation and slowing same-store sales growth. That company's stock, as well as that of Oakley, was already reflecting the doubts when Gargoyles went public.
That retailer's budding troubles were a sure sign that Gargoyles could drop like a stone. As the Hut collapsed, the whole industry suffered.
WHERE TO FROM HERE?
Analyst have carved their earnings estimates over the last three months, with Gargoyles now expected to earn $0.21 a share this year and $0.43 a share in FY98. Using the analysts' long-term growth estimates of 27% would then give us a YPEG fair value of $11 5/8.
Pro forma sales for the first six months of 1997 are $32.9 million, leading to $0.24 a share in earnings versus the $24.5 million and $0.22 a share actually reported. But to attain those sales by acquisition, the firm has added long-term debt. With an enterprise value of $67.9 million and shareholder's equity of $22.7 million, Gargoyles now trades at a pricey three times book. Oakley sports an enterprise value-to-equity ratio of about 6.1, but its net margins run about twice Gargoyles'.
The company does appear to be executing its strategy and probably has room to recover if the industry's inventory issues are resolved. Still, I'm skeptical of the entire industry, which looks relatively mature given Sunglass Hut's wild expansion.
Considering how frequently people lose or break them, sunglasses seem inherently more comparable to umbrellas than to something like Nikes or other premium-priced branded athletic shoes. Given the ever-improving quality of inexpensive knock-offs, I doubt the U.S. market for premium branded sunglasses can grow by the estimated 14% a year, though a few fast-growing niches should do well.
- Louis Corrigan, TMFSeymor@aol.com
SWAT
Meanwhile, the Avurt folks, whose professional model is used in about 3,000 police departments, claim that their gun is the safest. They also hope eventually to make it the smallest. How small?
"We call it the lipstick version," Mr. Sutton said.
More saliently, when it goes on sale, the average New Yorker will only be allowed to carry an Avurt, and even that will require a background check. Stun guns are outlawed for civilians here.
Thus, while Taser is already gearing up for a busy Christmas season elsewhere in America, here in New York it will be the Avurt under the tree.
I THINK THE ACCUMMULATION IS OVER...
WATCH MHII FLY
IMO MAYBE TO THE PENNIES