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XTND looking today, the day after the interview, and the interview didn't even mention the Novell deal. Thanks for the tip Hweb.
Hweb, Re: XTND...Wonder why they didn't mention the Novell deal in the interview....
3/22/05
"Novell has licensed Extended Systems' XTNDConnect PC desktop synchronization software. XTNDConnect PC has been incorporated into Novell's GroupWise PDA Connect product, giving Novell GroupWise users the ability to synchronize PIM data between a desktop and their Palm or Pocket PC device."
Extended Systems (XTND) interview link...
http://www.wallst.net/
XTND, (hweb)...Just listened to interview. Refers to Qualcomm as a powerhouse in mobile devices for smartphones. Qualcomm's CDMA technology is used in 1/6 of the worlds smartphones.
Extended Systems (XTND)/ Qualcomm agreement...
(The way I understand it)...Any manufacturer who choses to include infered technology in a mobile phone, and choses Qualcomm, will buy Extended Systems product.
Hweb, did you listen to the interview? Mentions some big name companies. If you did, can you comment on it. TIA
AWRCF, (stanu78)...Meeting is tomorrow @ 4P.M. ET. Phone # is(800) 474-8920...
Asia Pacific Wire & Cable Executives to Meet with Investors in New York on April 5, 2005
Tuesday March 15, 1:26 pm ET
NEW YORK--(BUSINESS WIRE)--March 15, 2005--Asia Pacific Wire & Cable Corporation Limited (OTC Bulletin Board: AWRCF - News) announced today that it will hold an investor meeting in New York on April 5, 2005 to discuss APWC's preliminary conclusions regarding 2004 and the Company's plans and outlook for 2005. All shareholders are welcome to participate in person or by telephone.
The meeting will be held at the offices of Coudert Brothers LLP, located at 1114 Avenue of the Americas, New York, NY 10036 ((212) 626-4400) at 4:00 p.m. ET.
Interested parties can also call into the meeting by dialing one of the following numbers:
U.S. Dial-In Phone Number: (800) 474-8920
International Dial-In Phone Number: (719) 457-2727
A replay of the call will be available beginning at 9:00 p.m. New York time on April 5, 2005 and will run through 12:00 midnight New York time, April 10, 2005. To access the replay from the U.S. please dial (888) 203-1112, and from outside of the U.S. please dial (719) 457-0820 and enter pass code 8287424.
AWRCF will report on Y/E 2004 tomorrow. They'll also discuss their business plan for 2005. Hope they announce intentions of advancing off the OTCBB.
Top Holdings....
Here's a few of my favorite current top holdings...
Long Term...
PLUS($11.55), CPTC($2.70), AWRCF($4.00)
Medium Risk...
PHPG($1.17)
High Risk...
AMLS($0.42)
Very, Very High Risk...
FEMO($0.035)
XTND...(Hweb2, your #3 pick)...Can you please post more on this company? In fact, anyone who has info on XTND, can you please post it? TIA. (Hweb2, is this your 3rd largest holding?)
PLUS looks undervalued. Their book value should be over $15.5 (including Ariba's patent settlement money). Current share price is $11.33 w/ under 9M shares outstanding. They should have approx $5 per share in cash after settlement money. They announced an alliance relationship with Hitachi Consulting last week and today they announced that Pepsi has selected and has implemented ePlus' spend analysis services for their domestic operations.
ePlus' Share Buyback Program...
Four weeks ago, ePlus' BOD ok'ed up to $12.5M to buy back more ePlus stock!
They have until Nov 18 to do it. They have enough cash from the Ariba settlement to do it!
ePlus' initial share repurchase program started on September 20, 2001. As of December 31, 2004, the Company had repurchased 1,835,316 shares of its outstanding common stock. That's OVER 17% of total shares outstanding!!
And they're still buying back shares...
http://biz.yahoo.com/bw/050302/25061_1.html
PLUS...PepsiCo Selects ePlus and Implements Spend Analysis Services through New Spend+ Tools & Consulting
Wednesday March 30, 8:30 am ET
HERNDON, Va.--(BUSINESS WIRE)--March 30, 2005--ePlus inc. (Nasdaq NM:PLUS - News), a leading provider of Enterprise Cost Management solutions, announced today that it was selected and has implemented spend analysis services for the domestic operations of PepsiCo, Inc. (NYSE:PEP - News). The project involves the use of ePlus' Spend+ VisualEngine(TM) graphical spend mapping tool and other Spend+ services to help Pepsi analyze its spend.
Pursuant to the agreement, ePlus has aggregated, cleansed, and normalized spend data from all domestic Pepsi divisions; ported the cleansed data into the Spend+ VisualEngine application; and configured the VisualEngine software to incorporate Pepsi-specific business rules. ePlus hosts the application to provide 24x7 access for Pepsi's procurement officers.
"In a company as large as Pepsi, the sheer volume of spend data poses formidable obstacles to efforts to see where money is being spent and where costs can be trimmed," said Ken Farber, President of ePlus Content Services, Inc. and ePlus Systems, Inc. "The Spend+ VisualEngine cuts through the clutter to provide a clear, concise, and completely interactive view of the spending landscape through visual mapping."
The Spend+ VisualEngine utilizes graphical boxes of different size, shape, and color and other visual cues to visually illustrate spending patterns uncovered by the software's analysis of corporate purchasing data. The largest exceptions, based on Pepsi's business rules, float to the top of each map, making it easy to pinpoint the most critical areas of concern.
A dozen or more dimensions of data can be presented on each screen, and more detailed information can be viewed by drilling down to associated layers of data. This eliminates the need to scour multiple reports to extract and assemble the information.
The Spend+ VisualEngine is available either as an installed or a hosted application. It is part of a complete suite of ePlus spend analysis services that also include data aggregation, cleansing, normalization, and classification capabilities. ePlus can consolidate the customer's spend data from procurement, eProcurement, ERP, MRP, and/or PCard systems and other sources.
About PepsiCo, Inc.
PepsiCo is one of the world's largest food and beverage companies, with annual revenues of $29 billion. Its principal businesses include Frito-Lay snacks, Pepsi-Cola beverages, Gatorade sports drinks, Tropicana juices and Quaker foods. Its portfolio includes 16 brands that each generate $1 billion or more in annual retail sales.
About ePlus inc.
A leading provider of Enterprise Cost Management, ePlus provides a comprehensive solution to reduce the costs of purchasing, owning, and financing goods and services. ePlus Enterprise Cost Management (eECM) packages business process outsourcing, eProcurement, asset management, product and catalog content management, supplier enablement, strategic sourcing, financial services and document access and collaboration into a single integrated solution, all based on ePlus' leading business application software. The company is headquartered in Herndon, VA, and has more than 30 locations in the U.S. For more information, visit www.eplus.com, call 888-482-1122 or email info@eplus.com.
FEMO, Insider buying....A year ago FEMO traded over $1.00 a share. It is now trading @ $0.04 a share. Look @ the recent insider buying on this stock....
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=femo&symbol=&symbol=&s...
Major holders now hold 29.5M shares w/ the last 10Q showing 29.6M shares OS. (Even if additional shares were issued, there can't be much of a float).
http://finance.yahoo.com/q/mh?s=FEMO.OB
I'm going to spin the wheel, and hold the shares I recently bought just under $.04, but I could really use other opinions here. Market cap is approx 1.2M w/ 10k due out this week.
The last major news releases were @ the end of Oct & beginning of Nov last year....
...FemOne's BIOPRO Division Expands Sales Force Into Australia, Opens Office in Sydney
...FemOne, Inc. Acquires Global Rights to Innovative Nutritional Formula - Introduces BioNutratonic in U.S., Canada
Here's their 10Q for Q/E 9/30/04
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001019687%2D04%2D002494%2Etxt&FilePath...
CPTC...Increased my position by 20% @ $2.30 this morning. I feel pretty confident about adding on dips, especially after the GC deal. I think CPTC has excellent L/T potential. Hope I'm right.
"TransPowr ACCC/TW will be sold throughout the United States and Canada by General Cable's Energy organization, which is comprised of a direct sales force and agents with more than a century of combined industry knowledge and experience. With global sales of $2.0 billion, and one of the largest breadth of product lines and brand recognition in North America, General Cable is strategically positioned to significantly accelerate the education and application of the next generation technology of transmission and distribution bare conductor across North America."
Will keep adding 20% to my position, on every 15% drop in price from here!
MIPS...Lots of news coming out on MIPS product lately, it's just not being released under their stock symbol.
I'm not a tech wiz, but I'm sure the news released over the last 5 days, along w/ the release of Sony's PSP (MIPS inside), will add quite a bit to MIPS bottom line (licensing fees).....
March 17
Zoran Demonstrates New SupraHD 640 High Definition Digital Television Processor in Beijing at CCBN 2005
The SupraHD 640 solution includes a transport processor, high definition MPEG video decoder, MIPS CPU, and Zoran's HDXtreme video processing and picture enhancement technology.
http://www.zoran.com/press_room/2005/3_17_05_suprahd640_ccbn.htm
March 17
Low-cost MIPS Board Targets Wired, Wireless Routers
MikroTik has launched a line of inexpensive, low-powered SBCs (single-board computers) for wired and wireless routers.
The first RouterBoard model, the 532, features a MIPS-based SoC (system-on-chip) with a 333MHz MIPS 4Kc core.
http://www.linuxdevices.com/news/NS9341546150.html
March 18
Toshiba has introduced a couple of Risc processors, a 64-bit MIPS processor fabbed on a 90nm process and a 323-bit processor using its hybrid NOR/NAND flash technology.
http://www.electronicsweekly.com/articles/article.asp?liArticleID=39099&liArticleTypeID=5&li...
March 21
WISchip Rolls Out New System-on-Chip Streaming Media Encoding Solution
Based on a third-generation encoding architecture, the Cypher 7108 features two-pass encoding with a MIPS(TM)32-bit CPU.
http://biz.yahoo.com/prnews/050321/sfm117_3.html
March 21
IP supplier MIPS: 32-bit multimedia CPU ‘24k’ to boost revenues through 2006
MIPS said its customers have taken ‘24k’ to the design-in phase with final products to be released by year-end, which will help boost MIPS’ revenues through 2006. MIPS also believes more handsets will adopt MIPS rather than ARM architecture. [DigiTimes]
http://www.digitimes.com/news/a20050321PR202.html
AMLS...A $0.45 stock w/ consecutive gains. EPS for 4th Q = approx $0.027, an increase of 25% over the 3rd quarter.
"Amersin is engaged in the acquisition and vertical integration of operating subsidiaries and controlling joint venture interests in China to include all facets of pharmaceutical life sciences from raw materials through dosage form production and distribution. It is a fully reporting company whose shares are traded over the counter in the United States under the trading symbol AMLS and in Germany on the Frankfurt Stock Exchange under the trading symbol HUQ. Its recent acquisition of a controlling interest in the profitable Hubei Tongji Benda Ebei Pharmaceutical Co. is a cornerstone in its plan to expand through strategic acquisition and vertical integration to become one of the leading American corporations to profit from the burgeoning life sciences sector in China."
http://biz.yahoo.com/prnews/050308/cntu003_1.html
http://finance.yahoo.com/q/is?s=AMLS.OB
Researcher59, Re: STV....You mentioned this company last month. I bought after reading your post & doing a little DD. (Bought @ about $6.45) Haven't looked back. Fits well w/ my LT stocks. They announce earnings next week. Hope they're good. Thanks!
CPTC...Just picked up more at $3.01. Perfect stock to buy on dips IMO. Next buy for me will be $2.75, if it goes that low.
CPTC...Had to add @ these prices. Too much potential. Here's an excellent shareholder meeting summary posted by TripletDad36 from the RB board (For those who haven't already read it).....
http://ragingbull.lycos.com/mboard/boards.cgi?board=CPTC&read=22702
BHIP...Was anyone (lentinman) aware of their "I Luv My Pet" division? http://www.iluvmypet.com/
The yahoo board is up and running and someone over there stated that this was their new subsidiary.
Interesting.
BHIP is having another strong day. Very little buying pushing it up due to low float. At this rate, BHIP could be trading in the 20's by the time earnings are released. Just have to wait and see.
BHIP...Looking good the last 2 days as they head into earnings.
Pick894,
What do you mean by "Some of you guys doing the ho hum are going to get run over. Maybe with more experience you guys won't pass up a deal like this in the future."???
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01214&read=18906
I bought heavily into CPTC in the $1.70 - $1.80's range. Sold a few shares in the high 4's and low 5's, and ended up buying back more shares when the price dipped back to 3.50. I hold a good chunk of stock in this company and am very long.
One more thing on PLUS...They won their patent infringement case against Ariba. Not only did the win help strengthen their patents, they also gained access to Ariba's entire patent portfolio!
Ariba will pay ePlus $37M this quarter. The cash will take their book value to $17.24 a share. They're currently trading below $13.
PLUS...Repurchasing more shares! By far, one of the strongest share buyback programs I've ever seen based on % of outstanding shares!
January 1, 2004 through January 31, 2004, ePlus bought back 187,500 shares at an average of $14.06 per share!
Between Feb & March of '04, 174,000 shares were repurchased at an average of $13.65 a share.
39,000 shares were repurchased in April.
In May they increased the cumulative purchase maximum amount from $7,500,000 to $12,000,000.
On Nov 18, 2004, ePlus announced another stock repurchasing program.
Between Nov & Dec of 2004, ePlus bought back 19,032 shares.
Today they amended their current stock repurchasing program to increase the cumulative maximum repurchases to $12,500,000 from the prior cumulative maximum amount of $7,500,000.
Shares outstanding now = below 8.95M.
Approx. 2M shares have been bought back since Sept, '01. That equals out to almost 20% of total shares outstanding.
CPTC....The article below says that CPTC expects to produce 100 miles of cable A DAY in the years following 2005. That ='s 36,500 miles a year. Kingman paid $2.7 million for a 21-mile line. That ='s $128,571 a mile.
100 miles a day x 365 (day's in a year) = 36,500 miles of cable. Multiply that by $128,571 and you get $4,6928,415,000 in revenues.
Let's say they just do an average of 50 miles a day. Your still looking at over $2 BILLION in sales. If CPTC only get's half of that, it' still over $1 BILLION in sales. This doesn't even count poles.
Am I figuring this right?
Very long on CPTC as they ramp up and I sit here dreaming....
"For 2005, CTC expects to have several hundred miles of cable produced, but in the following years, CTC expects the rate of production will be a hundred miles of cable a day."
Here's the full article, from sometime last year (lost the link)....
Two new transmission cables reaching
market; China seen as strong opportunity
Developers of two new transmission
cables in the works for years
are about to enter the commercial market
with the prospect of easing the
worry over national grid congestion
and capacity.
Both companies report that their
cables have at least twice the capacity
of traditional cable and will lower utilities’
transmission costs by eliminating
the need for additional lines or new line
routes. Both claim the cables have
minimal sag at high temperatures
and are not affected by severe
weather.
The cable developed by Composite
Technology Corp. (CTC),
known as ACCC, has a composite
core wrapped with trapezoidal
shaped aluminum
wire while 3M has developed
cable called in
shorthand ACCR with a core of a ceramic
fiber-reinforced aluminum
wrapped in aluminum-zirconium
wires (ETW, 9/6).
Composite Technology is delivering
10 miles of cable by mid-
November to two utilities, in Arizona
and New York, for installation by the
end of the year. 3M is sending cable
to Xcel Energy to install on a 10-mile
transmission line in the Twin Cities
area next year. Both 3M and Xcel
Energy are headquartered in Minnesota.
The potential for the cable is
huge, CTC believes. CTC estimates
that the worldwide market for the
cable is worth $50 billion. The company
has already reached a memorandum
of understanding with China
to manufacture in China 18,000
miles of cable.
“They [China] are spending billions
on grid development,” CTC
President and CEO Bill Arrington
said. “It could be a couple billiondollar
market.”
For 2005, CTC expects to have
several hundred miles of cable produced,
but in the following years,
CTC expects the rate of production
will be a hundred miles of cable a
day.
“The response [to the product]
is ramping up dramatically,” said
Arrington. The company is now getting
50 calls a day when previously
“we had gotten about that in a
week,” he said.
CTC signed an agreement Oct.
4 with General Cable Industries to
manufacture and distribute the cable
through 2007. “We will produce the
core material — the composite — and
they will wrap the aluminum around
it,” Arrington said. “We’re now developing
a joint marketing strategy
and in January after the national
sales meeting we will roll it out fullscale.”
At 3M, the company expects to
have its 10 miles for Xcel Energy installed
in mid-2005. As to the future
beyond next year, 3M’s business
development manager for the composite
conductor program, Tracy
Anderson, declined to speculate,
saying, “We don’t talk about sales
projections. He added that “application
[of the product] was large.”
Each developer touted his
company’s product as the better
one.
Arrington said the CTC product
is less expensive than the 3M product,
which he also faulted as “brittle.”
Anderson said the 3M product has a
high-temperature metal core, not a
polymer matrix core (as CTC’s), and
“it’s flexible. We believe it’s the best.”
Both companies have developed
new splices and dead-ends to use
with the new cables and have
worked to make these as similar as
the current products so that installation
would not pose any problems.
“There has been no problem in
the field” with the CTC cable when
testing has been done, Arrington
said. The two miles of cable that
were installed at an Electric Power
Research Institute facility in Hazlet,
Texas, “went up just fine, the linemen
told us,” Arrington said. The
3,000-foot installation on existing
poles of the Holland, Mich., city utility,
went fine as well, linemen reported,
Arrington said.
The main competition to the two
products is the traditional ASCR line,
both Arrington and Anderson
agreed.
Right now, utilities can re-tension
certain segments of a line if they
need to or they can raise towers,
Anderson said. Taking care of a sagging
line by replacing it with the new
product is not a black and white situation,
he said.
Arrington found “interesting” the
caution of utilities over using materials
composite technology. “Utilities
must start looking at new technologies,”
he said.
The line could eliminate the need
for another power plant, as a company
could just upgrade its
transmission lines, Arrington suggested.
The new line is more expensive,
but Arrington said the cost in laying
new line should factor in the fewer
number of towers that the CTC line
will need. “On average, a [ACCC] line
at the same height can eliminate
16% of the structures,” he said. A
lattice steel tower can cost $800,000
to $1 million and a 40-meter pole for
a 230-kV lined can cost $250,000,
he said, so the savings would be significant.
Poles will still be needed and the
next project for CTC will be developing
a new pole using the same
composite of glass fibers and resin,
which will make them lighter, stronger
and easier to work with,
Arrington said.
“In the next 10 years, California
must replace its wooden poles,” he
said. Southern California Edison
alone has 6 million wooden poles,
he noted. SN
Do the math....The article below says that CPTC expects to produce 100 miles of cable A DAY in the years following 2005. That ='s 36,500 miles a year. Kingman paid $2.7 million for a 21-mile line. That ='s $128,571 a mile.
100 miles a day x 365 (day's in a year) = 36,500 miles of cable. Multiply that by $128,571 and you get $4,6928,415,000 in revenues.
Let's say they just do an average of 50 miles a day. Your still looking at over $2 BILLION in sales. If CPTC only get's half of that, it' still over $1 BILLION in sales. This doesn't even count poles.
Very long on CPTC as they ramp up and I sit here dreaming....
"For 2005, CTC expects to have several hundred miles of cable produced, but in the following years, CTC expects the rate of production will be a hundred miles of cable a day."
Here's the full article, from sometime last year (lost the link)....
Two new transmission cables reaching
market; China seen as strong opportunity
Developers of two new transmission
cables in the works for years
are about to enter the commercial market
with the prospect of easing the
worry over national grid congestion
and capacity.
Both companies report that their
cables have at least twice the capacity
of traditional cable and will lower utilities’
transmission costs by eliminating
the need for additional lines or new line
routes. Both claim the cables have
minimal sag at high temperatures
and are not affected by severe
weather.
The cable developed by Composite
Technology Corp. (CTC),
known as ACCC, has a composite
core wrapped with trapezoidal
shaped aluminum
wire while 3M has developed
cable called in
shorthand ACCR with a core of a ceramic
fiber-reinforced aluminum
wrapped in aluminum-zirconium
wires (ETW, 9/6).
Composite Technology is delivering
10 miles of cable by mid-
November to two utilities, in Arizona
and New York, for installation by the
end of the year. 3M is sending cable
to Xcel Energy to install on a 10-mile
transmission line in the Twin Cities
area next year. Both 3M and Xcel
Energy are headquartered in Minnesota.
The potential for the cable is
huge, CTC believes. CTC estimates
that the worldwide market for the
cable is worth $50 billion. The company
has already reached a memorandum
of understanding with China
to manufacture in China 18,000
miles of cable.
“They [China] are spending billions
on grid development,” CTC
President and CEO Bill Arrington
said. “It could be a couple billiondollar
market.”
For 2005, CTC expects to have
several hundred miles of cable produced,
but in the following years,
CTC expects the rate of production
will be a hundred miles of cable a
day.
“The response [to the product]
is ramping up dramatically,” said
Arrington. The company is now getting
50 calls a day when previously
“we had gotten about that in a
week,” he said.
CTC signed an agreement Oct.
4 with General Cable Industries to
manufacture and distribute the cable
through 2007. “We will produce the
core material — the composite — and
they will wrap the aluminum around
it,” Arrington said. “We’re now developing
a joint marketing strategy
and in January after the national
sales meeting we will roll it out fullscale.”
At 3M, the company expects to
have its 10 miles for Xcel Energy installed
in mid-2005. As to the future
beyond next year, 3M’s business
development manager for the composite
conductor program, Tracy
Anderson, declined to speculate,
saying, “We don’t talk about sales
projections. He added that “application
[of the product] was large.”
Each developer touted his
company’s product as the better
one.
Arrington said the CTC product
is less expensive than the 3M product,
which he also faulted as “brittle.”
Anderson said the 3M product has a
high-temperature metal core, not a
polymer matrix core (as CTC’s), and
“it’s flexible. We believe it’s the best.”
Both companies have developed
new splices and dead-ends to use
with the new cables and have
worked to make these as similar as
the current products so that installation
would not pose any problems.
“There has been no problem in
the field” with the CTC cable when
testing has been done, Arrington
said. The two miles of cable that
were installed at an Electric Power
Research Institute facility in Hazlet,
Texas, “went up just fine, the linemen
told us,” Arrington said. The
3,000-foot installation on existing
poles of the Holland, Mich., city utility,
went fine as well, linemen reported,
Arrington said.
The main competition to the two
products is the traditional ASCR line,
both Arrington and Anderson
agreed.
Right now, utilities can re-tension
certain segments of a line if they
need to or they can raise towers,
Anderson said. Taking care of a sagging
line by replacing it with the new
product is not a black and white situation,
he said.
Arrington found “interesting” the
caution of utilities over using materials
composite technology. “Utilities
must start looking at new technologies,”
he said.
The line could eliminate the need
for another power plant, as a company
could just upgrade its
transmission lines, Arrington suggested.
The new line is more expensive,
but Arrington said the cost in laying
new line should factor in the fewer
number of towers that the CTC line
will need. “On average, a [ACCC] line
at the same height can eliminate
16% of the structures,” he said. A
lattice steel tower can cost $800,000
to $1 million and a 40-meter pole for
a 230-kV lined can cost $250,000,
he said, so the savings would be significant.
Poles will still be needed and the
next project for CTC will be developing
a new pole using the same
composite of glass fibers and resin,
which will make them lighter, stronger
and easier to work with,
Arrington said.
“In the next 10 years, California
must replace its wooden poles,” he
said. Southern California Edison
alone has 6 million wooden poles,
he noted. SN
TOPT... Top Tankers beats by $0.15 (TOPT) 19.29: Reports Q4 (Dec) earnings of $0.80 per share, $0.15 better than the Reuters Estimates consensus of $0.65; revenues rose 641.0% year/year to $47.7 mln.
TOP Tankers Reports Fourth Quarter and Fiscal Year 2004 Results
Friday February 18, 7:35 am ET
ATHENS, Greece, Feb. 18 /PRNewswire-FirstCall/ -- TOP Tankers Inc (Nasdaq: TOPT - News) today announced operating results for the fourth quarter and the fiscal year ended December 31, 2004.
For the three months ended December 31, 2004, the Company reported net income of $19,286,000, or $0.80 per share, compared with net income of $688,000, or $0.11 per share, for the fourth quarter of 2003. The weighted average number of basic and diluted shares used in the computations was 24,196,917 and 6,000,000 for the fourth quarter of 2004 and 2003, respectively.
For the three months ended December 31, 2004, operating income was $21,302,000 compared with $1,136,000 for the fourth quarter of 2003. EBITDA* for the fourth quarter of 2004 was $28,254,000 compared with $2,322,000 for the previous year's fourth quarter. Voyage revenues for the fourth quarter of 2004 were $47,722,000 compared to $6,441,000 recorded in the fourth quarter of the previous year.
For the year ended December 31, 2004, TOP Tankers reported net income of $32,739,000, or $2.53 per share, compared to $1,634,000, or $0.27 per share, for the previous year. The weighted average number of basic and diluted shares used in the computations was 12,922,449 and 6,000,000 for the years ended December 31, 2004, and 2003, respectively.
For the year ended December 31, 2004, operating income was $37,268,000 compared with $2,710,000 for the previous year. EBITDA for 2004 was $52,081,000 compared to $7,172,000 for the previous year. Voyage revenues for the year ended December 31, 2004, was $93,774,000, compared to $23,085,000 recorded in the previous year.
Evangelos J. Pistiolis, President and Chief Executive Officer of TOP Tankers Inc, commented, "2004 was a milestone year for our Company:
* We listed our shares on the Nasdaq National Market on July 23, raising
$146.6 million, the largest shipping IPO at the time.
* We completed our follow-on public offering on November 5, raising
$148 million.
* We successfully acquired a fleet of 10 modern double-hull vessels with
the proceeds of our IPO in record time, and we are in the process of
taking delivery of another five modern double-hull tankers, acquired
with the proceeds of our follow-on offering.
* Our total fleet size increased six times, from five vessels, or
0.18 million Dwt on December 31, 2003, to 15 vessels, or 1.08 million
Dwt on December 31, 2004, and 10.2 times pro-forma the delivery of the
follow-on vessels.
* We sold two of our single-hull Handysize vessels and increased our
double-hull configuration to 97.2 percent by Dwt. Consistent with our
policy of operating a high quality double-hull fleet, we intend to
sell our last single-hull tanker during 2005.
* We fixed our 10 Handymax vessels with major oil-traders on long-term
employment contracts at profitable base rates with 50/50 profit
sharing on subcharters. This employment strategy allows us to
minimize downside risk, secure a significant part of our cashflow and
benefit from higher spot voyage charter rates.
"We look forward to expanding our tanker fleet in 2005 and will also explore acquisitions in the dry-bulk carrier sector as opportunities arise that satisfy our investment criteria."
NHLC...Anyone still holding NHLC from the old RB days? Comments please. Doubled my position after reading the Nasdaq news yesterday. W/ a good earnings report (due out next month), maybe this can touch new highs?? ($26.5)??
http://finance.yahoo.com/q/bc?s=NHLC.OB&t=1y
Very volatile due to the low float.
President seems very positive on growth...."We have approximately 100,000 active distributors in over 30 countries worldwide and have appointed management teams that will help us in the near future enter the Mexican and Japanese markets, the world's 4th and 2nd largest direct-selling markets, respectively. We expect to grow considerably during 2005 and anticipate doing business in five of the top 10 direct-selling markets in the world by the end of this year."
NHLC to trade on Nasdaq...
Natural Health Trends Corp. to Trade Its Stock on the NASDAQ National Market System
Wednesday February 16, 12:55 pm ET
First Trading Day Expected to be February 22, 2005
'NHLC' to 'BHIP'
DALLAS--(BUSINESS WIRE)--Feb. 16, 2005--Natural Health Trends Corp. (OTCBB:NHLC - News), an international direct-selling company, today announced that it has been approved by The NASDAQ Stock Market for quotation of its common stock on NASDAQ's National Market System under the ticker symbol BHIP. It is expected that the first trading day on NASDAQ NMS will be Tuesday, February 22, 2005.
Mark Woodburn, President of Natural Health Trends Corp., said, "We are very pleased to be able to begin 2005 with a listing on NASDAQ's National Market System. Our current and future shareholders should benefit from the heightened profile that the NASDAQ listing gives to our company and to our stock, and from the greater liquidity we expect from trading on the world's most prestigious electronic trading system. We also hope to attract interest from institutional and other investors in growth companies that are precluded from investing in Bulletin Board quoted securities. NASDAQ's approval of our listing application is a tribute to the hard work and dedication of a great many people who have put so much into building Natural Health Trends Corp. into the successful multi-national organization it is today."
Woodburn also said, "In addition to expanding our range of operations, we are constantly developing new and revolutionary products for our distributors. Our strategic plan calls for deepening existing markets as well as broadening our global reach. With that in mind, we intend to unveil several new products in the coming months. For these reasons we have chosen the stock symbol BHIP. By definition "hip" means keenly aware of or knowledgeable about the latest trends or developments. I cannot think of a better definition of what this company stands for, and the type of products that we plan to introduce in the years ahead."
He added, "Over the last couple of years, Natural Health Trends Corp. is one of the fastest growing direct-selling companies in the world, growing to approximately $63 million in revenues for the year 2003 and $97 million in revenues for the first nine months of 2004. We have approximately 100,000 active distributors in over 30 countries worldwide and have appointed management teams that will help us in the near future enter the Mexican and Japanese markets, the world's 4th and 2nd largest direct-selling markets, respectively. We expect to grow considerably during 2005 and anticipate doing business in five of the top 10 direct-selling markets in the world by the end of this year. The proceeds from our $17 million private placement last fall, along with the recent expansion of our senior executive team, should help us fund and manage our growth prospects."
Woodburn concluded, "Our NASDAQ listing is a major milestone in the early development of Natural Health Trends Corp., but we like to think of it as another tool to help our company grow, to support our distributors and their customers, and to add value for our shareholders. While it is certainly an important accomplishment, executing our business plan is now our sole focus."
Natural Health Trends Corp. is an international direct-selling company operating in more than 30 markets throughout Asia Pacific, North America and Eastern Europe. The Company markets premium quality personal care products under the Lexxus brand and markets its nutritional supplement products under the Kaire brand. Additional information can be found on the Company's website, and management encourages interested parties to register for updated corporate information via e-mail on the Company's homepage, www.naturalhealthtrendscorp.com.
researcher59, Re: PLUS...
How much pull do you think the win over Ariba will give ePlus? Do you think the win will help ePlus sign licensing agreements w/ other companies? Here's an article that came out 1½ years ago where the writer say's ePlus has a strong patent, but didn't know if it would hold up in court. He also mentioned that probably over half of the E-procurement implementations out there are in violation of the patent.....
(Earnings didn't look all that bad, although I did sell a few shares on the open. After settlement and taxes, ePlus should be @ over $3 eps for fiscal y/e March 31, 2005. Cash increased and so did s/h equity.)....
EPlus Claims Patent For Electronic Sourcing
By Darrell Dunn, InformationWeek
InternetWeek
July 8, 2003
The question of intellectual property and patents is very much top of mind these days, what with the SCO Group's pursuit of licensing fees for Unix code it says has been misappropriated, and eBay Inc.'s being ordered to pay $35 million in compensatory damages to MercExchange LLC for violating three patents that its founder and CEO filed for in 1995.
Now vendors of electronic sourcing software may start to look a little more closely at supply-chain management specialist ePlus Inc., which earlier this year was awarded a patent that covers the fundamentals of electronic sourcing, nearly a decade after it was originally filed.
Although ePlus has yet to file a lawsuit alleging infringement of the patent, "we're keeping our eyes and ears open, and we'll make an appropriate decision to defend our rights," president Ken Farber says.
The patent, Farber says, establishes the basis for electronic sourcing systems with the capability of searching multiple vendor catalogs to compare pricing and product features, as well as make purchases. The technology is used in the company's Procure+ software, which lets customers track corporate disbursements and manage purchasing administration, as well as Content+, an automated method of aggregating catalog content.
Pierre Mitchell, an analyst with AMR Research, says the ePlus patent is strong, but he's not sure that having it affirmed will result in revenue through litigation. "It's very broadly applicable," he says. But "these things are very hard to enforce. Basically, probably over half of the E-procurement implementations out there are in violation of this patent. It is unlikely to generate any revenues just because of the amount of effort you have to put in to something like this to extract money from any one."
Having the patent in-house should, however, provide ePlus with greater visibility in the industry, and potential customers may be likely to give greater consideration to ePlus' offerings versus competitive solutions going forward, Mitchell said.
Farber says the technology has been instrumental in the company's overall business, and ePlus will continue to enhance it and provide the ability to do more sourcing of products. The company plans to provide analytics so customers can really monitor and manage what they're purchasing and from whom, "while maintaining a complete vendor table of record within a single catalog so that they can reconcile all their transactions with various vendors," Farber says.
The company in June reported record earnings of $9.7 million on revenue of $225 million for the fiscal year ended March 31. That compares to earnings of $9 million on revenue of $205 million in the previous fiscal year.
PLUS...Taken from Ariba's 10q re: Patent infringment lawsuit filed by ePlus (PLUS)..."There is a significant risk that the litigation will have a material adverse effect on our business, consolidated financial position, results of operations and cash flows. Although we recorded a $37.0 million litigation provision in the three month period ended December 31, 2004, there can be no assurance that this amount is sufficient for any actual losses that may be incurred as a result of this litigation.
Here's a response from lesspheus on yahoo...
"ARBA stashed $37.0 million for PLUS before they lost the case and now knows that it might not be sufficient. $37.0 million is $4.13 per share for PLUS in cash. Add that to the current book value of $12.98 (per Yahoo) for PLUS and you get a book value of $17.11. Damn. That is just friggen book value and it does not include the upside for a larger award and the right of the judge to _tripple_ the award. Give PLUS a reasonable, but still cheap, price-to-book ratio of 2 on that baseline book value and you have a stock price of $34.22! This of course completely discounts PLUS's future growth prospects for revenue and earnings, which could be dramatic. And it does not at all take into play the possibility that PLUS can sue several other companies over the same patents.
I argue that PLUS can easily be valued at $34.22 with tons of upside potential from there! Any way you look at it $16.XX is dirt cheap."
PLUS...(researcher59)...It's intersesting that a spokesman from Ariba said the case could be settled before the damages phase, which was suppose to start today. The case will be appealed ONLY if a settlement is not reached. If you read the article below, it almost seems like Ariba wants to avoid the appeal.
Researcher59, Glad to see you made some profit. I sold off a few shares yesterday and ended up buying them back @ $15. There's just something about ePlus' continued share buyback program that tells me this company is or will be worth a lot more than they're trading for.
Here's the article from the Pittsburgh Tribune Review....
Damages phase of Ariba trial to begin
By Michael Yeomans
TRIBUNE-REVIEW
Wednesday, February 9, 2005
Ariba Inc. lost a patent infringement jury trial to a much smaller competitor on Monday that could expose it to as much as $294 million in a damages phase of the trial expected to begin today.
Ariba, based in Sunnyvale, Calif., acquired FreeMarkets Inc. in July and maintains its largest cluster of employees -- about 500 -- Downtown, where it recently replaced the FreeMarkets name with an Ariba sign atop One Oliver Plaza at Sixth Avenue and Smithfield Street.
The suit, brought by Herndon, Va.-based ePlus Inc. in the U.S. District Court for the Eastern District of Virginia, claims Ariba violated three patents with three of its products regarding the searching of online catalogs from different vendors to compare products and features.
Ariba spokesman Kevin Brooks said the case could be settled before the damages phase begins but said a settlement is not guaranteed. Brooks said Ariba disagrees with the jury's findings, and absent a settlement, Ariba said it intends to appeal. In the meantime, the company is updating its software to bypass the "alleged infringement."
Brad Whitt, an analyst at RBC Capital Markets in Toronto, said the suit will not affect Ariba's financial performance or business fundamentals, although he said a large award by the judge in the trial could cause the company's stock price to fall further.
Ariba said ePlus claims damages of $76 million to $98 million, which the judge has the discretion to triple based on the jury's finding that Ariba willingly infringed ePlus patents.
Ariba stock fell $1.71, or about 17 percent Tuesday, to close at $8.04. This follows a 32 percent drop on Feb. 1, after the company reported a larger-than-expected first-quarter loss of nearly $10 million.
Brooks of Ariba said the reaction of investors to the uncertainty brought on by the trial verdict is likely behind yesterday's share price decline.
ePlus acquired the patents in question in 2001 when it bought Procurenet Inc. It hinted shortly afterward that it would seek to sue those it determined were in violation of the patents.
ePlus Senior Vice President Kley Parkhurst declined comment until the trial's damages phase is complete.
http://www.pittsburghlive.com/x/tribune-review/business/s_301733.html
PLUS finally getting noticed after their win against Ariba in a patent infringment law suit announced yesterday!!!!
"Ariba said ePlus claims damages of $76 million to $98 million, which the judge has the discretion to triple based on the jury's finding that Ariba willingly infringed ePlus patents."
stock_peeker, re: FONR...
I feel pretty confident that FONR will continue to show a good upward trend in revenues & profits. Hope I'm right, but you never know...We'll find out tomorrow.
IMO, the UpRight MRI will be a standard in the industry.
Richt_o4 from the yahoo board seems to be in the know. He's a good poster to follow if you like the company.....
Intent to Purchase List (45)
http://messages.yahoo.com/bbs?.mm=FN&action=m&board=7076835&tid=fonr&sid=7076835&...
Watch PLUS today. They won the first phase of a patent infringment lawsuit against Ariba....
(ePlus has been involved in a major share repurchasing program over the past 3 years. See post #3049)...
Verdicts Rendered in First Phase of Ariba Patent Infringement Trial
SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 8, 2005--Ariba(R), Inc. (Nasdaq:ARBA), the leading Spend Management solutions provider, today announced that it has been found liable by a jury in the United States District Court for the Eastern District of Virginia for infringing three U.S. patents held by ePlus, Inc., a company based in Herndon, Virginia. On February 7, 2005, the jury declined to invalidate the three patents at issue and found that Ariba infringed certain claims contained in the three patents. Ariba believes the findings of the jury are erroneous and intends to vigorously pursue an appeal of the verdicts. In the meantime, Ariba intends to quickly provide its customers with software updates designed to avoid the alleged infringement.
ePlus filed the infringement action on May 26, 2004 claiming that certain features in three of Ariba's products, Ariba Buyer, Ariba Marketplace and Ariba Category Procurement, infringed claims in the three patents, and the trial began on January 24, 2005. The trial judge bifurcated the trial into two phases, the first to determine the validity of the patents and whether Ariba's products infringed those patents and the second to try damages-related issues. Yesterday's findings were only as to the first phase of the trial, and Ariba expects that the damages-related phase will begin on February 9, 2005.
ePlus claims royalty damages of $76.0 million to $98.0 million. Based on the jury's finding of willful infringement, the trial judge has the discretion to enhance any award up to three times the jury's award of damages. Ariba disputes that it is liable for any damages and disputes ePlus's calculation as to the amount of the damages. However, Ariba cannot predict the outcome of the damages phase of the trial, whether it will be successful on appeal, or whether it will be successful in obtaining a stay of any injunction against further infringement pending appeal.
About Ariba, Inc.
Ariba, Inc. is the leading provider of Spend Management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Management software and services. Ariba can be contacted in the U.S. at 650-390-1000 or at www.ariba.com.
Copyright (C) 1996 - 2005 Ariba, Inc.
Ariba and the Ariba logo are registered trademarks of Ariba, Inc. Ariba Spend Management, Ariba Spend Management. Find it. Get it. Keep it., Ariba. This is Spend Management, Ariba Solutions Delivery, Ariba Analysis, Ariba Buyer, Ariba Category Management, Ariba Category Procurement, Ariba Contract Compliance, Ariba Contracts, Ariba Contract Management, Ariba Contract Workbench, Ariba Data Enrichment, Ariba eForms, Ariba Sourcing, Ariba Invoice, Ariba Travel & Expense, Ariba Workforce, Ariba Supplier Network, Ariba Supplier Performance Management, Ariba PunchOut, Ariba QuickSource, PO-Flip, Ariba Settlement and Ariba Spend Management Knowledge Base are trademarks or service marks of Ariba, Inc. Ariba Proprietary and Confidential. All rights reserved. Patents pending. All other trademarks are property of their respective owners.
FONR...Earnings due out Wednesday. Will the consecutive gains continue? I think so....
http://finance.yahoo.com/q/is?s=FONR
Excellent growth in the MRI industry. Don't know where this is headed, but I'm hoping to see FONR trading around $2 a share by the end of the week.
We'll see what happens.
COGO, Comtech Group (old symbol, COMT).....
No news and up over 28% yesterday on good volume!!!!!!!!
We'll see if it continues. A growing profitable Chinese company that just hit the Nasdaq. For more info on the company...
http://www.investorshub.com/boards/read_msg.asp?message_id=5202243
http://www.investorshub.com/boards/read_msg.asp?message_id=5239052
http://www.investorshub.com/boards/read_msg.asp?message_id=5273701
PLUS having a good day! Seems to have a tightly held float. Today's news on Homeland security must of brought extra attention to the company. Here's a repost from the yahoo board reguarding their share buyback program....
A Year Ago This Month...
January 1, 2004 through January 31, 2004, ePlus bought back 187,500 shares at an average of $14.06 per share!
Between Feb & March of '04, 174,000 shares were repurchased at an average of $13.65 a share.
39,000 shares were repurchased in April.
In May they increased the cumulative purchase maximum amount from $7,500,000 to $12,000,000.
And on Nov 18, 2004, ePlus announced another stock repurchasing program.
One of the strongest share buyback programs I've ever seen. The float is shrinking and so are the shares outstanding.
Shares outstanding now = below 9M.
BTW, approx. 2M shares have been bought back since Sept, '01. That equals out to almost 20% of total shares outstanding.
PLUS...New Software To Aid Homeland Security Efforts by Providing Wireless Access to View Infrastructure Data .....
ePlus Enhances DigitalPaper XE for Emergency Response & First Responders
Monday January 31, 8:30 am ET
Software Aids Homeland Security Efforts by Providing Wireless Access to View Infrastructure Data
HERNDON, Va.--(BUSINESS WIRE)--Jan. 31, 2005-- ePlus inc. (Nasdaq NM:PLUS - News), a leading provider of Enterprise Cost Management solutions, today announced a new program for its DigitalPaper(TM) XE software in the homeland security/emergency response marketplace. The software can be used to equip first responders - including government agencies, state and local municipalities including; police, firefighters, and other public safety officials -- with real-time wireless access to building floor plans, civil engineering drawings, and other critical public and private infrastructure information in the field. Even the largest documents can now be accessed at the scene of the emergency, where they are most needed by front-line personnel.
Using DigitalPaper XE software, emergency response teams can retrieve building layouts and schematics, topographical maps, aerial photographs, and water, gas, electrical, sewer, roads, bridge, airport and structured drawings on mobile PCs or wireless web pads in seconds. The software's patented DirectSight technology eliminates the need to attach or transfer files, enabling documents of any size or complexity to be viewed instantly with a Web browser and Internet connection.
As a result, emergency response and homeland security personnel can access and review such critical information as exit routes, fire hydrant locations and other vital information en route to the scene of emergency incidents. Local police, firefighters, emergency medical personnel, SWAT or HazMat teams, and others can see the same documents available to central dispatch, making it possible to familiarize themselves with the site involved to aid in planning and executing the best rescue and public safety strategies.
"Our DigitalPaper XE software is a valuable new tool for homeland security and emergency response because it overcomes the limitations of conventional file transfer technology when dealing with extremely large document images such as floor plans," said Ken Farber, president of ePlus Systems. "By making key infrastructure information available to emergency personnel on wireless devices, we are enabling responders to react more quickly and with better intelligence, potentially reducing property damage and casualties."
ePlus' DigitalPaper technology has been used by hundreds of commercial and government organizations to allow fast, secure Web access and annotation of large, complex, unstructured documents such as engineering drawings, facilities diagrams, blueprints and technical manuals. The software reduces operating costs and expedites work processes by eliminating the delays and version control problems associated with paper distribution.
For more information on DigitalPaper and wireless document access for emergency responders, please see www.eplus.com/dp. References made hereto 'homeland security' do not refer to the U.S. Department of Homeland Security.
About ePlus inc.
A leading provider of Enterprise Cost Management, ePlus provides a comprehensive solution to reduce the costs of purchasing, owning, and financing goods and services. ePlus Enterprise Cost Management (eECM) packages business process outsourcing, eProcurement, asset management, product and catalog content management, supplier enablement, strategic sourcing, financial services and document access and collaboration into a single integrated solution, all based on ePlus' leading business application software. The company is headquartered in Herndon, VA, and has more than 30 locations in the U.S. and Canada. For more information, visit www.eplus.com, call 888-482-1122 or email info@eplus.com.
ePlus, DigitalPaper, eECM, ePlus Enterprise Cost Management, and/or other ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the U.S. and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners
Comtech Group to Trade on Nasdaq National Market
Monday January 31, 8:02 am ET
(Comtech Group just posted strong 4Q and year end gains. See Post #2743).
SHENZHEN, China, Jan. 31 /PRNewswire-FirstCall/ -- Comtech Group, Inc. (Nasdaq: COGO - News), a leading module design solutions provider in China focused on the mobile handset and telecom equipment industries, announced that it has received approval for listing on the Nasdaq National Market. The Company's common stock is expected to begin trading today under the symbol "COGO." Previously, the Company's common stock had traded on the OTC Electronic Bulletin Board under the symbol "COMT.OB."
"Nasdaq's approval of our National Market listing marks another key milestone in our effort to reach a broader shareholder audience and increase the liquidity of our common shares," said Jeffrey Kang, Chairman, President and CEO. "We are excited to reach this next step in our evolution as a public company."
About Comtech
Comtech Group, Inc. is a module design solutions provider in China, focused on the mobile handset and telecom equipment industries. The Company's client base has grown to serve over 200 companies in the mobile handset and telecom equipment industries in China. Its team of engineers works with manufacturers of mobile handset and telecom equipment to design solutions that meet their needs. The Company designs solutions for mobile device products, including liquid crystal display (LCD) modules, camera modules, persistent storage modules, input/output modules, sound system and power supply modules. In the telecom equipment industry Comtech targets optical solutions, data communication solutions, public switched telephone network (PSTN) switching and wireless base stations.
MIPS....AUSUTek, the world's Leading motherboard manufacturer, has inked a licensing agreement w/ MIPS Technologies. IMO, this is huge news even though the price doesn't seem to be reflecting it this morning. (Last week MIPS announced a deal w/ Scientific-Atlanta). Good growth stock....
World's Leading Motherboard Manufacturer ASUSTeK Adopts MIPS(R) Architecture for Portable and Digital Multimedia Devices
Thursday January 27, 8:04 am ET
License Agreement Will Accelerate ASUSTeK's Entry into New Digital Consumer Markets
MOUNTAIN VIEW, Calif. and TAIPEI, Taiwan, Jan. 27 /PRNewswire-FirstCall/ - - MIPS Technologies, Inc. (Nasdaq: MIPS - News) today announced that ASUSTeK Computer Inc., the world's leading motherboard manufacturer, has licensed the MIPS32(R) 4KEc(TM) and 4KEp(TM) cores, and MIPS(R) Consumer Audio Platform and software tool kits. ASMedia Technology, the subsidiary IC design house of ASUSTeK, will utilize the MIPS architecture to develop multimedia SoCs for digital consumer devices.
The collaboration between MIPS and ASUSTeK brings together the abundant resources of the MIPS ecosystem and the world's largest motherboard maker's massive PC peripheral capabilities including design, integration and manufacturing.
The high-performance, low-power and small footprint of the MIPS32 4KE(TM) cores are designed for cost- and power-sensitive applications, such as digital consumer and multimedia. With their large writeback cache memories and user-defined instructions, the 4KEc and 4KEp cores will enable IC designers to optimize the audio/video performance and battery life of portable devices at reduced cost.
The MIPS Consumer Audio Platform, targeting high-performance embedded signal processing, includes multiple software audio codecs and will allow ASUSTeK to accelerate the development cycle of integrated multimedia. This gives designers ample flexibility to configure their SoCs for a range of options such as power, performance or area.
"The industry worldwide recognizes the MIPS architecture as the de facto standard for digital audio/video," said Jerry Shen, vice president of ASUSTeK Computer. "After careful evaluation, we've selected MIPS cores to enable us to expand our leadership position in the notebook and PC arena to accelerate our entry into a variety of multimedia markets, and deliver the feature-rich products our customers demand."
"We are pleased and excited that ASUSTeK decided to choose MIPS products," said Amos Lu, regional manager of Greater China at MIPS Technologies. "Leveraging the MIPS architecture, and the software, tools, peripheral IP and development environments already ported to it, ASUSTeK will significantly shorten time-to-market and strengthen its competitive advantage in established and emerging markets. The low-power characteristics of our 4KE family cores help prolong battery life and will give ASUSTeK's products a significant advantage in the consumer market."
About MIPS Technologies
MIPS Technologies, Inc. is a leading provider of industry-standard processor architectures and cores for digital consumer and business applications. The company drives the broadest architectural alliance that is delivering 32- and 64-bit embedded RISC solutions. The company licenses its intellectual property to semiconductor companies, ASIC developers and system OEMs. MIPS Technologies and its licensees offer the widest range of robust, scalable processors in standard, custom, semi-custom and application-specific products. The company is based in Mountain View, Calif., and can be reached at +1-650-567-5000 or www.mips.com.
About ASUSTeK
ASUSTeK Computer Inc. (TSE: 2357 - News), is a leading provider of 3C total solutions. Its product portfolio includes notebooks, motherboards, graphics cards, optical drives, information appliances, desktop PCs, servers, wireless solutions, mobile phones and networking devices. With world-class engineering and offices and subsidiaries located in all corners of the world, ASUSTeK provides innovative solutions to consumers, businesses and OEM/ODM customers. The company is the perennial leader of the motherboard and graphics card industries and a top 10 player globally for notebooks, optical drives, broadband modems and a wide range of other products.
NOTE: MIPS, MIPS32, 4KE, 4KEc and 4KEp are trademarks or registered trademarks of MIPS Technologies, Inc. in the United States and other countries. All other trademarks referred to herein are the property of their respective owners.
http://biz.yahoo.com/prnews/050127/sfth054_1.html