I usually have a lot to say. I just know when to keep it to myself.
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Put Serfdom down on the attendance list please.
He's got to be "in the know". I just membermarked him/her.
What happened to the ibox? Do you need a new writer?
I'm happy to see "no moderator" will be there.
How that poster can manage all of those boards is quite remarkable.
At last count - he/she has 1724 boards. WOW
Gotta buy that guy/girl a martini!
It's been the topic with myself and a few others here from the board for months now. Still undecided.
My intention is to go this year- and I will not be able to decide until I wrap up some other travel plans in early September and October.
Will you be going?
Do we have a planned JAM for tomorrow night? Were there any good suggestions this week?
Isn't it though? I bet there are more where that came from....
Airvana prices initial public offering at $7.00 : Co announced the pricing of its initial public offering of 8,300,000 shares of common stock at a price to the public of $7.00 per share. All of the 8,300,000 shares being sold in the offering are being sold by AIRV. In addition, AIRV has granted the underwriters a 30-day option to purchase up to an additional 1,245,000 shares to cover over-allotments, if any. AIRV's common stock is expected to begin trading on the NASDAQ Global Market on Friday, July 20, 2007 under the symbol "AIRV."
http://biz.yahoo.com/pz/070719/123328.html
FWIW, I LIKE the IPO but am not crazy about it's pricing.
Proceed with caution now..................B
***FAT CATS 50,000th POST COMING SOON!***
One month ihub subscription to its poster, compliments of the Fat Cats Mods :)
Exactly, Clarity. I do not take it personally if our Cats hate my stock or tell me it is going to tank soon.
(Perhaps I have toughened up since I got here.) :)
In fact, since charts are not my rock, I appreciate the other opinions. Folks here learn to take opinions with a grain of salt and I've seen so many "THANKS for the heads up" posts, rather than "You Basher! Iggy!" posts.
This board isn't a specific group of emotionally bound longs on one stock- it's nice to see a group of respected posters who've been making money in the business for some time now.
That's cool with me. This board checks their ego at the door and tells it like it is. For that, I think we're pretty darn unique.
From pink to blue...........we're all cool enough to be a Fat Cat.
I'm so proud of how far this board has come. Thanks to you and every other cool trader at ihub for helping us get so popular so fast.
afterhours: TPX (closed at 28.83- up 11% A/H): Tempur-Pedic beats by $0.04; raises FY07 guidance above consensus; announces $200 mln buyback (TPX) 28.83 +0.07 : Reports Q2 (Jun) earnings of $0.39 per share, $0.04 better than the Reuters Estimates consensus of $0.35; revenues rose 17.6% year/year to $257.6 mln vs the $244 mln consensus. Co raises guidance for FY07, to EPS of $1.63-1.66 from $1.54-1.58 vs. $1.56 consensus; raises FY07 revs guidance to $1.065-1.085 bln from $1.04-1.07 bln vs. $1.06 bln consensus. Co also announced a new $200 mln share buyback. Co stated,. "The selective price increases we took in the first quarter have improved margins for both Tempur-Pedic and our retail partners. Late in the third quarter, we will increase the prices for our Deluxe and Classic models, once again improving margins for both Tempur-Pedic and retailers."
afterhours: OPNT (closed at 10.26): OPNET Awarded $5M U.S. Air Force Network-Centric Solutions Contract from NCI Information Systems, Inc.
Thursday July 19, 5:11 pm ET
Shares Outstanding: 20.61M
Float: 13.26M
BETHESDA, Md.--(BUSINESS WIRE)--OPNET Technologies, Inc. (NASDAQ:OPNT - News), a leading provider of management software for networks and applications, today announced that it has been awarded the U.S. Air Force's Snap-Shot Network Assessment and Capability Analysis (SS-NACA) project by NCI Information Systems, Inc. under their Network-Centric Solutions (NETCENTS) Indefinite Delivery/Indefinite Quantity (IDIQ) prime contract.
OPNET has received a $5M contract award to perform the SS-NACA project at twenty seven (27) Air Force bases over the next three years.
The purpose of the SS-NACA project is to perform a network and application performance assessment using OPNET commercial-off-the-shelf software and best practice methodologies, allowing the Air Force to quantify the return on investment of the Information Transport System (ITS) upgrade program. The SS-NACA project will measure and document the benefits of an Air Force base ITS upgrade (both planned and realized) for warfighter and mission support personnel. These personnel rely on network-centric technologies and applications to accomplish critical operations support functions on a daily basis.
OPNET's CEO, Marc Cohen, stated, "OPNET is very pleased to have been awarded the SS-NACA project following a competitive procurement process. We look forward to continuing our strong partnership with NCI Information Systems, Inc. to deliver Network-Centric IT solutions to the U.S. Air Force and the entire DoD. This project will provide OPNET with broad exposure to the Air Force's operational environment, creating an opportunity to deploy our analytics-based solutions to rapidly resolve performance problems and proactively prevent problems from occurring. The SS-NACA project is expected to make an important contribution to the success of the ITS upgrade program at Air Force bases around the world, providing quantifiable benefits and improved network and application performance to our warfighters."
About OPNET Technologies, Inc.
Founded in 1986, OPNET Technologies, Inc. (NASDAQ:OPNT - News) is a leading provider of management software for networks and applications. For more information about OPNET and its products, please visit http://www.opnet.com/.
OPNET and OPNET Technologies, Inc. are trademarks of OPNET Technologies, Inc. All other trademarks are the property of their respective owners.
Statements in this press release that are not purely historical facts may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. OPNET Technologies, Inc. ("OPNET") assumes no obligation to update statements. Forward-looking statements are predictions based upon information available to OPNET as of the date of this press release and involve risks and uncertainties; therefore, actual events or results may differ materially. For a discussion of risk factors, see OPNET's reports, including its most recent 10-Q and 10-K, filed with the Securities & Exchange Commission.
Note to editors: The word OPNET is spelled with all upper-case letters.
Contact:
OPNET Technologies, Inc.
Media Contact:
Margarita Castillo, 240-497-3000
Media@opnet.com
www.opnet.com
or
Investor Relations:
Mel Wesley, 240-497-3000
ir@opnet.com
www.opnet.com
--------------------------------------------------------------------------------
Source: OPNET Technologies, Inc.
http://biz.yahoo.com/bw/070719/20070719006094.html?.v=1
Char, there is a lot of summer heat on the boards. I find the stock specific venues to be irritating when I approach with genuine questions- which results in a basher title and my queries are deleted.
I've found the boards to be taken a little more seriously during the Sept-May times. Just my two cents, fwiw....
BCLI Chart:
BCLI up 17%! Israeli Government Chief Scientist Office Awards Prestigious Grant to BrainStorm Cell Therapeutics
Thursday July 19, 7:30 am ET
BrainStorm Receives First Payment of CSO Funding for Company Research
NEW YORK & PETACH TIKVAH, Israel--(BUSINESS WIRE)--BrainStorm Cell Therapeutics Inc. (OTCBB:BCLI - News), a leading developer of adult stem cell technologies and therapeutics, announced today that the Company has been awarded a grant from Israel's prestigious Chief Scientist Office (CSO). The Company received the first installment of the grant in the amount of 594,544 Shekels (approximately $140,000). The grant was awarded to BrainStorm based on its leading and innovative system to treat Parkinson's disease using adult stem cells.
http://biz.yahoo.com/bw/070719/20070719005424.html?.v=1
"We are extremely grateful for the CSO's contribution to our research and cause," commented Chaim Lebovits, President of BrainStorm. "This generous offering will, with g-d's help , provide additional funding for BrainStorm's successful development of long-term and permanent remedies for life-threatening neurodegenerative disorders such as Parkinson's, ALS and MS."
"I am honored to be a part of this incredible groundbreaking effort," commented Dr .Avinoam Kadouri, BrainStorm's Chief Technology Advisor. "I know the significance and promise involved in BrainStorm's research, and therefore can appreciate first-hand the value and assistance that the government's grant will provide."
The sums of the grant are released based on a budget over 12 months, and is estimated to total as much as $500,000 toward BrainStorm's research and development when all the payments have been received. The 3% royalty-bearing grant is part of the Government's Ministry of Trade and Industry program that offers incentives to high-tech companies for research, and development. The monies were designated by the CSO to further develop BrainStorm's adult stem cell technologies and therapeutics. The Company's royalty obligations are capped at the amount of grant proceeds it receives from the CSO.
About BrainStorm Cell Therapeutics Inc.
BrainStorm Cell Therapeutics Inc. is an emerging company developing adult stem cell therapeutic products, derived from autologous (self) bone marrow cells, for the treatment of neurodegenerative diseases. The NurOwn(TM) patent pending technology is based on discoveries made by the scientific team led by prominent neurologist Professor Eldad Melamed, Head of Neurology at Rabin Medical Center, and expert cell biologist Dr. Daniel Offen, Head of the Neuroscience Laboratory at the Felsenstein Medical Research Center of Tel-Aviv University. The technology allows for the differentiation of bone marrow-derived stem cells into functional neurons and astrocytes, as demonstrated in animal models. The Company holds rights to develop and commercialize the technology through an exclusive, worldwide licensing agreement with Ramot at Tel Aviv University Ltd., the technology transfer company of Tel-Aviv University. The Company's initial focus is on Parkinson's disease, although its technology has promise for treating several others diseases including MS, ALS, Huntington's disease and stroke.
Safe Harbor Statement
Statements in this announcement other than historical data and information constitute "forward-looking statements" and involve risks and uncertainties that could cause BrainStorm Cell Therapeutics Inc.'s actual results to differ materially from those stated or implied by such forward-looking statements, including BrainStorm's ability to complete its equity financing transactions previously disclosed,. The potential risks and uncertainties include, among others, risks associated with BrainStorm Cell Therapeutics Inc.'s limited operating history, history of losses and expectation to incur losses for the foreseeable future; dependence on its license to Ramot's technology; ability, together with its licensor, to adequately protect the NurOwn(tm) technology; dependence on key executives and on its scientific consultants; ability to identify, negotiate and successfully implement strategic partnering relationships; ability to complete clinical trials successfully and to obtain required regulatory approvals; competition with companies, some of which have greater resources and experience in developing and obtaining regulatory approval for treatments in BrainStorm Cell Therapeutics Inc.'s market; the limited public trading market for BrainStorm Cell Therapeutics Inc.'s stock which may never develop into an active market; and other factors detailed in BrainStorm Cell Therapeutics Inc.'s annual report on Form 10-KSB, quarterly reports on Form 10-QSB, current reports on Form 8-K and other filings with the Securities and Exchange Commission available at http://www.sec.gov/ or by request to the Company. The Company does not undertake any obligation to update forward-looking statements made by us.
Contact:
5W Public Relations
Kristin Sommers, 212-999-5585
ksommers@5wpr.com
--------------------------------------------------------------------------------
Source: BrainStorm Cell Therapeutics Inc.
Value Microcaps was introduced to me long ago by Shmolton. Always an excellent read. Great reference, Mike.
JCDA: 3.50-Jacada Signs Material Contract with Harrah's Operating Company, Inc.
Thursday July 19, 6:00 am ET
Jacada Contact Center Solutions Selected to Enhance Customer Service
Shares Outstanding: 20.15M
Float: 15.61M
ATLANTA--(BUSINESS WIRE)--Jacada Ltd. (Nasdaq:JCDA - News), a leading provider of unified desktop and process optimization solutions for customer service operations, today announced that it has entered into a material agreement with Harrah's Operating Company, Inc. Revenue from the contract will be recognized in future quarters.
Casino-entertainment resort providers rely on superior customer service to drive customer loyalty and to gain a competitive advantage. In order to build on a history of excellent customer service, Harrah's searched for solutions to further simplify and automate the customer service desktop for their customer service agents. After completing significant due diligence, including head-to-head pilots involving competing solution providers, Jacada was selected to implement a unified service desktop to simplify and automate the operations within Harrah's contact centers.
"Jacada is proud to partner with a company that represents one of the world's most recognizable brands," stated Paul O'Callaghan, president of Jacada.
Using the Jacada unified service desktop, Harrah's customer service agents will be able to provide customers an enhanced service experience by providing a more comprehensive and timely view of available properties and services. Using the non-invasive application integration capabilities of the Jacada solution, the new unified service desktop will be delivered without having to modify or replace any of the existing business systems.
"Consumer driven organizations and industries across a wide business spectrum are rapidly realizing that simplifying the interaction between its customer service agents and its clients, not only improves customer satisfaction and loyalty, but opens the door to dramatically increased profitability and market share," said Joe Horne, vice president of Americas sales for Jacada. "Harrah's is wisely making the reservations process easier for both agents and customers, which will continue to enhance customer loyalty by reducing call time and improving the success rate of up-sell and cross-sell programs."
About Jacada
Jacada is a leading global provider of unified service desktop and process optimization solutions that simplify and automate customer service processes. By bridging disconnected systems into a single, "intelligent" workspace, Jacada solutions create greater operational efficiency and increase agent and customer satisfaction. Founded in 1990, Jacada has more than 1200 customers and operates globally with offices in Atlanta, Georgia; Herzliya, Israel; London, England and Munich, Germany. Jacada can be reached at www.jacada.com.
This news release may contain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. The words "may," "could," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions or variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of the future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the performance and continued acceptance of our products, general economic conditions and other Risk Factors specifically identified in our reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made. Jacada is a trademark of Jacada Inc. All other brands or product names are trademarks of their respective owners.
Contact:
Jacada
Media Contact:
Cindy Curtin, 770-352-1300
ccurtin@jacada.com
--------------------------------------------------------------------------------
Source: Jacada Ltd.
http://biz.yahoo.com/bw/070719/20070719005133.html?.v=1
Agreed. We've had it in the ibox here since last week. The good ones go there and stay put until the next goodie comes out.
LCCI: afterhours press: 4.69 -LCC International Has Received Contract Extension on Saudi Telecom's Wireless Expansion
Wednesday July 18, 6:21 pm ET
Shares Outstanding6: 25.64M
Float: 17.16M
MCLEAN, Va.--(BUSINESS WIRE)--LCC International, Inc., (NASDAQ:LCCI - News), a global leader in wireless voice and data turn-key services, announced today that it has been awarded a contract extension by Saudi Telecom (STC) to lead the Planning, Design and Engineering efforts to expand and further improve STC's wireless infrastructure and services. The Scope of Work will cover 2G and 3G networks. The contract amounts to SAR 79.5mil (approximately $21.2 mil) to be completed by mid 2008, after which further extensions are expected to follow.
STC is one of the largest and fastest growing mobile operators within the Middle-Eastern region and has gained recognition for delivering advanced wireless services to keep pace with the demands from its increasing customer base. This contract extension will focus in particular on the expansion of the 3G services offered in the country.
"We are very pleased to have once again been selected by STC to provide engineering and design services to support their advancement of emerging wireless technologies," says Dean Douglas, President and Chief Executive Officer, LCC International. "This contract extension is indicative of our relationship with the STC and exemplifies our commitment to providing the consulting services and engineering talents needed to maximize their wireless offerings."
About Saudi Telecom Co.
Saudi Telecom Co., also known as STC, is Saudi Arabia's pioneer telecommunications services provider, after the then Saudi Ministry of PTT. Established in 1998 as a new joint stock company, it provides both business and residential fixed line telephone, mobile and paging, and internet and data services. For more information on STC, (headquarters in Riyadh, Saudi Arabia), visit www.stc.com.sa.
About LCC International, Inc.
LCC International (NASDAQ: LCCI - News) is the recognized leader in providing wireless voice and data turn-key services to the telecommunications industry. Our service offering includes network services, business consulting, tools-based solutions, and training through our world-renowned Wireless Institute. The Company has worked with all major access technologies (including UMTS, EV-DO, HSDPA and WiMAX) and has participated in the success of some of the most sophisticated wireless systems in the world. LCC is unique in its ability to provide comprehensive turnkey services to wireless operators around the world. We bring local knowledge and global capabilities to our customers, offering innovative solutions, insight into cutting-edge developments and delivering solutions that increase business efficiencies. News and additional information are available at www.lcc.com.
Cautionary Note regarding forward-looking statements under the Private Securities Litigation Reform Act of 1995:
Information in this release regarding LCC's expectations, beliefs, and intentions are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to LCC as of the date of this release, which may change, and LCC assumes no obligation to update any such forward-looking statement. These statements are not guarantees. Factors that could cause or contribute to differences from such expectations include, but are not limited to risks associated with international operations, challenges and costs arising from integration of new operations and other factors that may affect our business are discussed in LCC's filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and our quarterly reports on Form 10-Q.
Contact:
LCC International, Inc.
Nancy Feeney, Director of Marketing Communications
and External Relations
+1 703-873-2077
nancy_feeney@lcc.com
--------------------------------------------------------------------------------
Source: LCC International, Inc.
http://biz.yahoo.com/bw/070718/20070718006165.html?.v=1
IBM's 2Q Earnings Up 12 Percent
Wednesday July 18, 9:44 pm ET
By Brian Bergstein, AP Technology Writer
IBM Beats the Street With 2Q Earnings; Company Claims Best Quarterly Growth Since 2001
http://biz.yahoo.com/ap/070718/earns_ibm.html?.v=14
BOSTON (AP) -- Second-quarter earnings at International Business Machines Corp. rose 12 percent and beat Wall Street forecasts Wednesday, largely on the strength of IBM's software division and improvement in its services unit.
From April through June, the Armonk, N.Y.-based technology bellwether earned $2.26 billion, $1.55 per share, on revenue of $23.8 billion.
In the comparable period last year, IBM earned $2.02 billion, $1.30 per share, on revenue of $21.9 billion.
This year's quarterly numbers were boosted $81 million, or 5 cents per share, from the sale of IBM's printing division to Ricoh Co. Without that gain, IBM would have seen net profit rise 8 percent, and it would have earned $1.50 per share. That beat the estimate of $1.47 expected by analysts surveyed by Thomson Financial.
IBM also surpassed analysts' revenue forecast of $23.1 billion. The sales growth amounted to 9 percent, which IBM called its best quarterly bump since 2001.
However, the growth would have been 6 percent if not for weakness in the dollar. Softness in the greenback makes deals done in other currencies translate into more dollars.
The company's overall profit margins increased slightly, and it registered healthy growth in each of its major global regions, overcoming a stumble in the prior period in the U.S. IBM's chief financial officer, Mark Loughridge, said some of the credit goes to improving domestic economic conditions.
"This was a really strong quarter, close to firing on all cylinders," Loughridge told analysts on a conference call. Later he added: "I think every CFO waits for a quarter like this one."
He also slightly increased IBM's guidance for the rest of the year, saying earnings per share would likely rise 14 to 15 percent in 2007; his last forecast was an improvement of 13 to 14 percent.
IBM's shares surged to multiyear highs this week after some analysts predicted IBM would exceed Wall Street's forecast. Before the earnings report came out Wednesday, IBM stock gained 31 cents to close at $111.08. In after-hours trading, shares jumped above $114.
"The most important parts of the business are really doing really well for IBM," said Bob Djurdjevic, an analyst with Annex Research. "For the first time in years, it's really evident this big colossus is moving at a fast rate."
One common gauge of IBM's health is services contract signings, because it foretells huge chunks of revenue that will be booked in future quarters. IBM inked $11.7 billion in services contracts in the second quarter, compared with an unusually soft $9.6 billion a year ago.
Revenue actually booked in the second quarter rose 10 percent to $13.1 billion. That would have been 7 percent if not for the weak dollar.
IBM's hardware division saw revenue rise 2 percent to $5.1 billion, though it would have been flat without currency fluctuations. Sales of IBM's key mainframe computers were up only 1 percent in real terms, and chip sales continued to flounder as IBM comes down in the cycle of producing processors for the top three video game consoles.
Software accounts for an outsized portion of IBM's profit. That has prompted the company to make dozens of acquisitions to bolster its security and business-management offerings, including this week's $161 million deal for DataMirror Corp.
IBM software revenue grew 13 percent to $4.8 billion in the second quarter, and pre-tax profit was up 8 percent to $1.25 billion, just slightly less than what the much bigger services arm generated. The sales growth would have been 9 percent at constant currency rates.
In the first six months of the year, IBM earned $4.11 billion, $2.75 per share, with revenue of $45.8 billion. Those numbers all rose from the first half of 2006, when IBM showed profit of $3.73 billion, $2.37 per share, and revenue of $42.5 billion.
http://www.ibm.com/investor
LOL. I like the price range here. It's a great zone and the perfect amount of shares for an IPO. BTW, I always say the best IPO's price on Thursday. I have NO proof, just pure speculation on my part. :)
did you see BVSN today? Strong eh?
according to their roadshow, we should price tomorrow night. :)
Agree, or it's pure speculation. Fancy close, nice strong volume. Looking good for tomorrow, imho.
UTSI took off slightly this morning after it's press (link back) but bored traders.
They've sold after it's lackluster morning trading session and are on to more fluid positions. IMHO
FCEL red, but to watch for next week. This wasn't bad press at all. (link back)
ORB selling it down now (chart here), just link back for morning report:
thank you Chu :)
it's got it's moments. It did this before last quarterlies after the annual took the town by storm.
It's a nice little stock. Glad to see it made it's tushie off the pinks recently.
XDSL dumping ground.... on the Lebed pump
BVSN hit 2.75 this morning....chart:
That's about right based on it's mini-run before last quarterly earnings.............imho
BVSN hit 2.75 this morning....chart:
That's about right based on it's mini-run before last quarterly earnings.............imho
BVSN.OB up .32 now (2.62). Link back for chart....
BVSN.OB up 22 cents this morning- quarterly earnings next week- not expecting much, but a surprise like in spring would be nice :)
BroadVision, Inc. Sets Date to Announce Second Quarter Fiscal Year 2007 Results
Thursday July 12, 7:39 pm ET
REDWOOD CITY, Calif.--(BUSINESS WIRE)--BroadVision Inc. (OTCBB:BVSN - News), a global provider of e-business solutions, will release its second quarter 2007 financial results on Thursday, July 26, 2007 at approximately 1:30 PM Pacific Time (PT).
In addition, the company will hold an Investor/Analyst conference call at 2:00 PM Pacific Time (PT). Dial in information is: 1-866-463-5401 with pin code 497073#. Callers outside the North America should call 1-212-547-9857 to be connected. These numbers can be accessed 15 minutes before the call begins, as well as during the call. During the call Dr. Pehong Chen, President and CEO, will review financial results and discuss the state of BroadVision's business.
Information Concerning Forward-Looking Statements
Information in this release that involves expectations, beliefs, hopes, plans, intentions or strategies regarding the future are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which forward-looking statements involve risk and uncertainties. All forward-looking statements included in this release, including, but not limited to, the trading visibility and market efficiency, are based upon information available to BroadVision as of the date of this release, and BroadVision assumes no obligation to update or correct any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from BroadVision's current expectations. Various factors and risks associated with BroadVision's business are discussed in its most recent annual report on Form 10-K and in BroadVision's quarterly reports on Form 10-Q as filed with the Securities and Exchange Commission.
About BroadVision
Driving innovation since 1993, BroadVision is a global provider of e-business solutions. Our modular applications and agile toolsets, built on a robust framework for personalization and self-service, power mission-critical web initiatives that deliver unparalleled value to diverse customers worldwide. Hundreds of organizations, serving over 50 million registered users -- including Baker Hughes, BioRad Laboratories, Citibank, Finnair, Ferrari, Hilti, Iberia, ING Bank, Prime Polymer, Vodafone and Xerox -- rely on BroadVision as their platform of choice for e-business. For more information about BroadVision, Inc., call 650-331-1000, email ir1@broadvision.com or visit www.broadvision.com.
BroadVision is a trademark or registered trademarks of BroadVision, Inc. in the United States and other countries. All other company and product names used herein are the property of their respective owners.
Contact:
BroadVision, Inc.
Angela Culver, 678-548-3532
Investor Relations
mediarelations@broadvision.com
--------------------------------------------------------------------------------
Source: BroadVision, Inc.
http://biz.yahoo.com/bw/070712/20070712006143.html?.v=1
*note: XDSL in the morning Lebed pumps
XDSL.OB (.125): mPhase Wins US Army Small Business Technology Transfer (SSTR) Program Grant
Wednesday July 18, 9:15 am ET
Award Is to develop a Long Shelf Life Green battery based on the Smart Nanobattery
LITTLE FALLS, N.J.--(BUSINESS WIRE)--mPhase Technologies, Inc. (OTCBB:XDSL - News), today announced that it has been selected in a competitive process by the US Army for a Phase 1, Small Business Technology Transfer Grant, along with its collaborator, Rutgers University's Energy Storage Research Group. The first stage of the award is to implement and characterize a lithium chemistry based version of the smart micro cell reserve battery to provide long term continuous power for a static RAM memory circuit for a computer device.
According to the award, the "Long shelf life, high power, multicell battery' submitted to the Army Small Business Technology Transfer (STTR) program, has been competitively selected, with the award period to begin immediately." The objective of the project is to "develop a low-power miniature (coin cell or similar) battery with a 30-plus year operational lifespan that is suitable for battery-backed static random access memory (SRAM) and environmentally friendly with minimal disposal issues."
"We are pleased that army researchers have recognized the potential of our micro reserve battery to meet the Army's need for a fundamental improvement in energy storage," said Ron Durando, mPhase Technologies, CEO. "We are just scratching the surface of potential military applications for our battery technology."
The technology currently being developed by mPhase/AlwaysReady, in conjunction with Rutgers University, promises to help transform the way the electronics industry currently looks at microbattery applications.
AlwaysReady and its technologies will have a number of exceptional advantages in its two initial products: a "smart" battery capable of producing current on demand after long term storage, as well as a family of uncooled magnetometers, including ultra sensitive versions capable of hundreds of times' improvement in sensitivity over currently available designs.
Another immediate application for the defense and security sector for the micro reserve battery is as an energy source to power remote sensors in areas lacking electricity. The prototype battery is based on a discovery that liquid droplets of electrolyte will stay in a dormant state atop microscopic structures until stimulated to flow, thereby triggering a reaction producing electricity. This super-hydrophobic effect of liquids can permit precise control and activation of the batteries when required.
The mPhase Nanobattery was highlighted in a feature article, "Building a Better Battery," in the November 2006 issue of WIRED magazine. To read an electronic copy of the article, please (click here)
Investors interested in more info can call the mPhase IR agency at (212) 843-9337 or the company at 973-256-3737 or visit the web site at www.mphasetech.com
About mPhase Technologies, Inc.
mPhase Technologies Inc. (OTC: XDSL - News) develops and commercializes next-generation media-rich entertainment software and nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce costs. The company was awarded the Frost & Sullivan 2006 Energy Storage Award for the Nanobattery, the 2005 Frost & Sullivan Excellence in Technology Award, and the Nano 50 Award from NASA Nanotech Briefs in 2005. The company is bringing nanotechnology out of the laboratory and into the market with a planned innovative long life battery. Additionally, the company is working on prototype ultra-sensitive magnetometers that promise orders of magnitude increases in sensitivity as compared with available un-cooled sensors. More information is available at the mPhase Web site at www.mPhaseTech.com
About Rutgers University
Established in 1766, Rutgers is America's eighth oldest institution of higher learning and one of the nation's premier public research universities. Serving more than 50,000 students on campuses in Camden, Newark and New Brunswick, Rutgers offers more than 280 bachelor's, master's, doctoral and professional degree programs. The university is home to 27 degree-granting schools and colleges, and more than 150 specialized centers and institutes. With more than 340,000 living alumni, Rutgers graduates are major contributors to all sectors of contemporary life.
Safe Harbor Statement
This news release contains forward-looking statements related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management in light of current conditions, expected future developments and other factors it believes to be appropriate. Actual results may differ as a result of factors over which the companies have no control.
Disclaimer: "The project or effort depicted was or is sponsored by the U.S. Army Research Office. The content of this press release does not necessarily reflect the position or the policy of the Government, and no official endorsement should be inferred."
Contact:
For mPhase Technologies, Inc.:
Investor Relations:
Rubenstein Investor Relations
Tim Clemensen, 212-843-9337
tclemensen@rubensteinir.com
or
Media:
Public Relations
Rubenstein Associates
Peter Hamilton, 212-843-8015
phamil@rubenstein.com
--------------------------------------------------------------------------------
Source: mPhase Technologies, Inc.
http://biz.yahoo.com/bw/070718/20070718005154.html?.v=1
GM Cats!
ORB: (moving p/m) Orbital Sciences beats by $0.02; raises Y07 guidance (ORB) 22.83 : Reports Q2 (Jun) earnings of $0.23 per share, $0.02 better than the Reuters Estimates consensus of $0.21; revenues rose 38.7% year/year to $273.3 mln vs the $228.8 mln consensus. Co raises guidance for FY07, sees EPS of $0.82-0.87, compared to previous guidance of $0.77-0.82, vs. $0.82 consensus; sees FY07 revs of $975 mln-1.00 bln, compared to previous guidance of $900-925 mln, vs. $923.95 mln consensus. CEO says, "The company reported solid financial performance in the second quarter of 2007, with strong increases in revenue, operating income and earnings per share. Our satellite and space systems segment posted robust revenue and operating profit growth, while our launch vehicles segment generated very solid growth as well. These operating results, combined with strong new business bookings achieved in the second quarter, continue to signal an optimistic outlook for Orbital this year."
FCEL: (8.17, moving P/M) FuelCell Gets $1.2M Pact for System Work
Wednesday July 18, 9:00 am ET
FuelCell Energy Signs $1.2M Pact to Continue Work on Hydrogen Gas Separation System
Shares Outstanding6: 67.94M
Float: 46.53M
DANBURY, Conn. (AP) -- FuelCell Energy Inc., which develops fuel cells for clean electric power generation, said Wednesday it signed a $1.2 million federal contract to continue working on a hydrogen gas separation system.
The company's electrochemical hydrogen separation system removes hydrogen from a gas mixture, with the extracted gas sold as fuel for hydrogen vehicles or for industrial use.
The product is being developed for the Army Engineer Research and Development Center's construction engineering research laboratory.
A prototype of the system created in 2006 successfully operated for more than 6,000 hours.
The phase II pact, which is partially supported by the Department of Defense, is expected to be completed by the middle of next year.
Shares of FuelCell Energy added 23 cents, or 2.8 percent, to $8.40 in premarket trading. The stock closed at $8.17 on Tuesday.
http://biz.yahoo.com/ap/070718/fuelcell_energy_contract.html?.v=1