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Optimists Are Calling for a Rebound in Genworth Financial, Inc.
Upbeat option volume surrounds this beaten-down insurance issue
by Elizabeth Harrow (eharrow@sir-inc.com) 2/20/2009 10:51 AM
http://www.schaeffersresearch.com/commentary/observations.aspx?ID=91292
Insider Activity Review – latest 10 filings updated daily
http://www.canadianinsider.com/coReport/allTransactions.php?ticker=ncx
NEOM's Barcode Lookup Patent Approved
http://ih.advfn.com/p.php?pid=squote&symbol=NEOM
02/18/2009 NeoMedia’s Barcode Lookup Patent Approved
http://ih.advfn.com/p.php?pid=nmona&cb=1235030676&article=36315483&symbol=NB%5ENEOM
...market down - everything down!
NEOM - EOD 0.0079 (+0.0062)
NEOM...it holds and continues to rise
NEOM...it holds and continues to rise
...Renewable Energy Initiatives Will Greatly Benefit Geothermal Industry
http://ih.advfn.com/p.php?pid=nmona&cb=1234967982&article=36315573&symbol=NY^RZ
Raser Believes Renewable Energy Initiatives in Stimulus Package Legislation Will Greatly Benefit Geothermal Industry
Raser Technologies, Inc. (NYSE: RZ), a leader in geothermal power generation, applauded President Barack Obama and the 111th US Congress for moving quickly to assemble and pass the American Recovery and Reinvestment Act that was signed into law yesterday.
The stimulus package contains key investment incentives and tax reductions to help jumpstart the economy and to create millions of “green” jobs. Raser identified the following specifics in the economic stimulus law, which are expected to help the Company accelerate its renewable energy development efforts:
* Grants for up to 30% of the development cost of renewable energy power plants
* Extension of the production tax credits for geothermal power plants for an additional 3 years, now through 2013
* Loan guarantees for debt funding of renewable energy development projects
* New investment tax credit for renewable energy projects
* Research and development investments for renewable energy
* Smart Grid Investment Program to help modernize the electrical grid and provide broader access for renewable energy projects
* Renewable energy bonds for state and local governments
“We applaud the vision of our leaders in supporting the development of our vast renewable resources,” said Brent M. Cook, CEO of Raser Technologies. “Many of the provisions in this bill open up new sources of funding for our geothermal projects and energy infrastructure. Not only will new funding channels open, but the geothermal industry may also be able to utilize new structures and funding instruments.
“We remain focused on meeting the growing demands for clean renewable energy while helping our country become more energy independent. We pledge our support to use the financial incentives and investments contained in this legislation to create green jobs and produce clean renewable geothermal power for our country,” said Mr. Cook.
About Raser Technologies
Raser (NYSE: RZ) is an environmentally focused ET (energy technology) licensing and development company operating in two business segments. Raser’s Power Systems segment is seeking to develop clean, renewable geothermal electric power plants and bottom-cycling operations, incorporating licensed heat transfer technology and Raser’s Symetron™ technology developed internally by its Transportation and Industrial Technology segment. Raser’s Transportation and Industrial Technology segment focuses on extended-range plug-in-hybrid vehicle solutions and using Raser’s award-winning Symetron™ technology to improve the torque density and efficiency of the electric motors and drive systems used in electric and hybrid-electric vehicle powertrains and industrial applications. Further information on Raser may be found at: www.rasertech.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding: our beliefs about preliminary drilling results; our beliefs about the potential for geothermal power generation on our leased properties and its qualification for certain federal tax credits; our beliefs about our ability to exploit the available geothermal resources; our beliefs about the expected timing relating to the testing and commissioning of our geothermal power project; our beliefs about local utility’s ability to complete their work in a timely manner; our beliefs about our ability to obtain adequate development funding; our beliefs about our ability to utilize our technology and other available technologies to produce electric power from the available resources; and our beliefs about the geothermal market in general. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the competitive environment and our ability to compete in the industry; our ability to adapt our technology and third-party technology for the intended applications; our ability to secure necessary permits; the strength of our intellectual property; our ability to attract, train and retain key personnel; and such other risks as identified in our quarterly report on Form 10-Q for the quarter ended September 30, 2008, as filed with the Securities and Exchange Commission, and all subsequent filings.
All forward-looking statements in this press release are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
NEOM Barcode Lookup Patent Approved
http://ih.advfn.com/p.php?pid=nmona&cb=1234969926&article=36315483&symbol=NB^NEOM
NeoMedia’s Barcode Lookup Patent Approved
NeoMedia Technologies, Inc. (OTC BB: NEOM), the global leader in camera-initiated transactions for mobile devices, announced today that the United States Patent and Trademark Office (PTO) has ruled in favor of NeoMedia in the reexamination of its U.S. Patent No. 6,199,048, System And Method For Automatic Access Of A Remote Computer Over A Network. All ninety-five claims of this Barcode Lookup Patent have been confirmed as being patentable by the PTO.
The PTO’s re-validation of this patent provides tremendous opportunities for companies in the mobile advertising space, allowing them to unify and quickly move forward to implement new applications and services.
“This is excellent news for NeoMedia as it allows us to move forward with our vision to create strong partnerships and synergies to align all companies for the next growth phase,” said Iain McCready, chief executive officer of NeoMedia Technologies, Inc. “We are committed to building a fully involved and collaborative ecosystem of agencies, mobile operators, and vendors who recognize the potential of mobile barcode advertising.”
"We are pleased that this patent has withstood the intense scrutiny of the PTO's re-examination process, in which numerous additional prior art references were considered in detail by the PTO Examiners before confirming all ninety-five claims as being patentable", said Tony Barkume of Barkume & Associates, P.C., patent counsel for NeoMedia. "The approval indicated by the PTO in its Notice of Intent to Issue a Re-examination Certificate has confirmed the strength and validity of the '048 patent in the face of such a heightened challenge."
In keeping with its vision and commitment to developing an interoperable global ecosystem, NeoMedia is licensing its technology to foster innovation in the creation of exciting new mobile barcode applications and services for the advertising industry.
NeoMedia embraces the development of open standards for 1D and 2D barcode technologies, and provides a global infrastructure to resolve these barcodes across multiple carriers. The company’s ecosystem ensures that all parties involved in the transaction are accurately compensated by pre-defined business rules. Through NeoMedia’s complete solution, media & advertising companies, consumers, businesses, mobile operators and OEMs can harness wireless networks to perform commerce more easily and securely, and ensure monetization can occur reliably and accurately.
About NeoMedia Technologies
NeoMedia Technologies, Inc. (OTCBB: NEOM) is the global leader in mobile barcode scanning solutions. Our technology allows mobile devices with cameras to read 1D and 2D barcodes and provide “one click” access to mobile content. Combining this technology with advanced analytics and reporting capabilities revolutionizes the way advertisers market to mobile consumers. NeoMedia provides the infrastructure to make 2D camera barcode scanning and its associated commerce easy, universal, and reliable – worldwide.
The company’s mobile phone technology, NeoReader, reads and transmits data from 1D, and 2D barcodes to its intended destination. Our Code Management and Code Clearinghouse platforms create, connect, record, and transmit the transactions embedded in the 1D and 2D barcodes, like web-URLs, text messages (SMS), and telephone calls, ubiquitously and reliably. NeoMedia provides the industrial and carrier-grade infrastructure to enable reliable, scalable, and billable commerce. NeoMedia was founded in 1989, and is based in Atlanta, USA. It currently has 30 active patents spanning 13 countries, with 29 additional patents pending.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
NEOM Barcode Lookup Patent Approved
http://ih.advfn.com/p.php?pid=nmona&cb=1234969926&article=36315483&symbol=NB^NEOM
NeoMedia’s Barcode Lookup Patent Approved
NeoMedia Technologies, Inc. (OTC BB: NEOM), the global leader in camera-initiated transactions for mobile devices, announced today that the United States Patent and Trademark Office (PTO) has ruled in favor of NeoMedia in the reexamination of its U.S. Patent No. 6,199,048, System And Method For Automatic Access Of A Remote Computer Over A Network. All ninety-five claims of this Barcode Lookup Patent have been confirmed as being patentable by the PTO.
The PTO’s re-validation of this patent provides tremendous opportunities for companies in the mobile advertising space, allowing them to unify and quickly move forward to implement new applications and services.
“This is excellent news for NeoMedia as it allows us to move forward with our vision to create strong partnerships and synergies to align all companies for the next growth phase,” said Iain McCready, chief executive officer of NeoMedia Technologies, Inc. “We are committed to building a fully involved and collaborative ecosystem of agencies, mobile operators, and vendors who recognize the potential of mobile barcode advertising.”
"We are pleased that this patent has withstood the intense scrutiny of the PTO's re-examination process, in which numerous additional prior art references were considered in detail by the PTO Examiners before confirming all ninety-five claims as being patentable", said Tony Barkume of Barkume & Associates, P.C., patent counsel for NeoMedia. "The approval indicated by the PTO in its Notice of Intent to Issue a Re-examination Certificate has confirmed the strength and validity of the '048 patent in the face of such a heightened challenge."
In keeping with its vision and commitment to developing an interoperable global ecosystem, NeoMedia is licensing its technology to foster innovation in the creation of exciting new mobile barcode applications and services for the advertising industry.
NeoMedia embraces the development of open standards for 1D and 2D barcode technologies, and provides a global infrastructure to resolve these barcodes across multiple carriers. The company’s ecosystem ensures that all parties involved in the transaction are accurately compensated by pre-defined business rules. Through NeoMedia’s complete solution, media & advertising companies, consumers, businesses, mobile operators and OEMs can harness wireless networks to perform commerce more easily and securely, and ensure monetization can occur reliably and accurately.
About NeoMedia Technologies
NeoMedia Technologies, Inc. (OTCBB: NEOM) is the global leader in mobile barcode scanning solutions. Our technology allows mobile devices with cameras to read 1D and 2D barcodes and provide “one click” access to mobile content. Combining this technology with advanced analytics and reporting capabilities revolutionizes the way advertisers market to mobile consumers. NeoMedia provides the infrastructure to make 2D camera barcode scanning and its associated commerce easy, universal, and reliable – worldwide.
The company’s mobile phone technology, NeoReader, reads and transmits data from 1D, and 2D barcodes to its intended destination. Our Code Management and Code Clearinghouse platforms create, connect, record, and transmit the transactions embedded in the 1D and 2D barcodes, like web-URLs, text messages (SMS), and telephone calls, ubiquitously and reliably. NeoMedia provides the industrial and carrier-grade infrastructure to enable reliable, scalable, and billable commerce. NeoMedia was founded in 1989, and is based in Atlanta, USA. It currently has 30 active patents spanning 13 countries, with 29 additional patents pending.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
...Renewable Energy Initiatives Will Greatly Benefit Geothermal Industry
http://ih.advfn.com/p.php?pid=nmona&cb=1234967982&article=36315573&symbol=NY^RZ
Raser Believes Renewable Energy Initiatives in Stimulus Package Legislation Will Greatly Benefit Geothermal Industry
Raser Technologies, Inc. (NYSE: RZ), a leader in geothermal power generation, applauded President Barack Obama and the 111th US Congress for moving quickly to assemble and pass the American Recovery and Reinvestment Act that was signed into law yesterday.
The stimulus package contains key investment incentives and tax reductions to help jumpstart the economy and to create millions of “green” jobs. Raser identified the following specifics in the economic stimulus law, which are expected to help the Company accelerate its renewable energy development efforts:
* Grants for up to 30% of the development cost of renewable energy power plants
* Extension of the production tax credits for geothermal power plants for an additional 3 years, now through 2013
* Loan guarantees for debt funding of renewable energy development projects
* New investment tax credit for renewable energy projects
* Research and development investments for renewable energy
* Smart Grid Investment Program to help modernize the electrical grid and provide broader access for renewable energy projects
* Renewable energy bonds for state and local governments
“We applaud the vision of our leaders in supporting the development of our vast renewable resources,” said Brent M. Cook, CEO of Raser Technologies. “Many of the provisions in this bill open up new sources of funding for our geothermal projects and energy infrastructure. Not only will new funding channels open, but the geothermal industry may also be able to utilize new structures and funding instruments.
“We remain focused on meeting the growing demands for clean renewable energy while helping our country become more energy independent. We pledge our support to use the financial incentives and investments contained in this legislation to create green jobs and produce clean renewable geothermal power for our country,” said Mr. Cook.
About Raser Technologies
Raser (NYSE: RZ) is an environmentally focused ET (energy technology) licensing and development company operating in two business segments. Raser’s Power Systems segment is seeking to develop clean, renewable geothermal electric power plants and bottom-cycling operations, incorporating licensed heat transfer technology and Raser’s Symetron™ technology developed internally by its Transportation and Industrial Technology segment. Raser’s Transportation and Industrial Technology segment focuses on extended-range plug-in-hybrid vehicle solutions and using Raser’s award-winning Symetron™ technology to improve the torque density and efficiency of the electric motors and drive systems used in electric and hybrid-electric vehicle powertrains and industrial applications. Further information on Raser may be found at: www.rasertech.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding: our beliefs about preliminary drilling results; our beliefs about the potential for geothermal power generation on our leased properties and its qualification for certain federal tax credits; our beliefs about our ability to exploit the available geothermal resources; our beliefs about the expected timing relating to the testing and commissioning of our geothermal power project; our beliefs about local utility’s ability to complete their work in a timely manner; our beliefs about our ability to obtain adequate development funding; our beliefs about our ability to utilize our technology and other available technologies to produce electric power from the available resources; and our beliefs about the geothermal market in general. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the competitive environment and our ability to compete in the industry; our ability to adapt our technology and third-party technology for the intended applications; our ability to secure necessary permits; the strength of our intellectual property; our ability to attract, train and retain key personnel; and such other risks as identified in our quarterly report on Form 10-Q for the quarter ended September 30, 2008, as filed with the Securities and Exchange Commission, and all subsequent filings.
All forward-looking statements in this press release are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Quarterly Report (Period Ended December 31, 2008)
http://ih.advfn.com/p.php?pid=nmona&cb=1234953563&article=36302125&symbol=NB^NCEN
GNPH F2Q09 (Qtr End 12/31/08) Earnings Call Transcript
http://seekingalpha.com/article/120967-genesis-pharmaceuticals-enterprises-f2q09-qtr-end-12-31-08-earnings-call-transcript?source=feed
GNPH F2Q09 (Qtr End 12/31/08) Earnings Call Transcript
http://seekingalpha.com/article/120967-genesis-pharmaceuticals-enterprises-f2q09-qtr-end-12-31-08-earnings-call-transcript?source=feed
GNPH F2Q09 (Qtr End 12/31/08) Earnings Call Transcript
http://seekingalpha.com/article/120967-genesis-pharmaceuticals-enterprises-f2q09-qtr-end-12-31-08-earnings-call-transcript?source=feed
RZ is Named One of 50 ‘Most Innovative Companies’
http://ih.advfn.com/p.php?pid=nmona&cb=1234879882&article=36290792&symbol=NY%5ERZ
Raser Technologies is Named One of 50 ‘Most Innovative Companies’ by ‘Fast Company Magazine’
Raser Technologies, Inc. (NYSE: RZ), a leader in geothermal power generation, today reported that Fast Company magazine chose it as one of the fifty “most innovative companies” for 2009 in its annual selection of the Fast Company 50.
In describing how the Fast Company 50 was selected, Editor Robert Safian said, “Each company…illustrates the power and potential of innovative ideas and creative execution. These are the kinds of enterprises that will redefine our future and point the way to a better tomorrow.”
The article highlighted Raser’s innovative new geothermal plant in Beaver County, Utah:
“What makes the plant unique is that Raser can generate zero-emissions electricity using water that’s scarcely hotter than a cup of coffee, opening up previously unusable (and far more common) low- to medium-temperature geothermal resources.”
The magazine noted that “Raser developed and built the Utah plant in under a year, reducing construction time from the more typical five or seven years and slashing capital costs, which have historically accounted for about half the expense of a large new power plant.”
Raser CEO Brent Cook said, “We are proud to have been named one of the 50 most innovative companies.
“We are pleased with this tribute to Raser’s ability to use more readily available geothermal resources and to build new plants economically, thus making clean, geothermal energy price competitive and expanding the nation’s potential energy supply.”
To see the Fast Company article, follow the link below.
http://www.fastcompany.com/fast50_09/profile/list/raser-technologies
About Raser Technologies
Raser Technologies (NYSE: RZ) is an environmentally focused technology licensing and development company operating in two business segments. Raser’s Power Systems segment is seeking to develop clean, renewable geothermal electric power plants and bottom-cycling operations, incorporating licensed heat transfer technology and Raser’s Symetron™ technology developed internally by its Transportation and Industrial Technology segment. Raser’s Transportation and Industrial Technology segment focuses on extended-range plug-in-hybrid vehicle solutions and using Raser’s award-winning Symetron™ technology to improve the torque density and efficiency of the electric motors and drive systems used in electric and hybrid-electric vehicle powertrains and industrial applications. Further information on Raser may be found at: www.rasertech.com.
About Fast Company Magazine
Fast Company sets the agenda, charting the evolution of business through a unique focus on the most creative individuals sparking change in the marketplace. By uncovering the best and "next" practices, the magazine and website help a new breed of leader work smarter and more effectively. Fast Company empowers innovators to challenge convention and create the future of business.
Cautionary Note Regarding Forward-Looking Statements
This press release contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding: our beliefs about preliminary drilling results; our beliefs about the potential for geothermal power generation on our leased properties and its qualification for certain federal tax credits; our beliefs about our ability to exploit the available geothermal resources; our beliefs about the ability of individuals to provide cash under the terms of the line of credit agreement; our beliefs about our ability to finalize power purchase agreements under favorable terms; our beliefs about our ability to obtain adequate development and permanent project funding; our beliefs about our ability to utilize our technology and other available technologies to produce electric power from the available resources; and our beliefs about the geothermal market in general. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the competitive environment and our ability to compete in the industry; our ability to adapt our technology and third-party technology for the intended applications; our ability to secure necessary permits; the strength of our intellectual property; our ability to attract, train and retain key personnel; and such other risks as identified in our quarterly report on Form 10-Q for the quarter ended September 30, 2008, as filed with the Securities and Exchange Commission, and all subsequent filings.
All forward-looking statements in this press release are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
NCX to Present at Morgan Stanley Global Basic Materials Conference
http://biz.yahoo.com/bw/090210/20090210006073.html?.v=1
PITTSBURGH--(BUSINESS WIRE)--NOVA Chemicals (NYSE:NCX - News)(TSX:NCX - News):
Conference: Morgan Stanley Global Basic Materials Conference
Tuesday, February 17, 2009
11:20 am ET
Speaker: Jeff Lipton, Chief Executive Officer
Live Webcast Access:
The webcast link will be available at www.novachemicals.com > Investor Center > IR Calendar > Morgan Stanley Global Basic Materials Conference
Presentation Slides:
The slides will be available prior to the presentation at www.novachemicals.com > Investor Center > IR Calendar.
Webcast Replay:
A replay of the webcast will be available by the end of the day of the live event for three months ending, Monday, May 18, 2009 at 5:00 pm at www.novachemicals.com > Investor Center > IR Calendar > Archives 2009.
NOVA Chemicals produces plastics and chemicals that are essential to everyday life. Our employees develop and manufacture materials for customers worldwide that produce consumer, industrial and packaging products. We work with a commitment to Responsible Care® to ensure effective health, safety, security and environmental stewardship. Company shares are traded on the Toronto and New York stock exchanges as NCX. Visit NOVA Chemicals on the Internet at www.novachemicals.com.
Contact:
NOVA Chemicals
For Investor Relations, please contact
Tel: 412-490-4547
Fax: 412-490-4535
E-mail: invest@novachem.com
RZ is Named One of 50 ‘Most Innovative Companies’
http://ih.advfn.com/p.php?pid=nmona&cb=1234879882&article=36290792&symbol=NY%5ERZ
Raser Technologies is Named One of 50 ‘Most Innovative Companies’ by ‘Fast Company Magazine’
Raser Technologies, Inc. (NYSE: RZ), a leader in geothermal power generation, today reported that Fast Company magazine chose it as one of the fifty “most innovative companies” for 2009 in its annual selection of the Fast Company 50.
In describing how the Fast Company 50 was selected, Editor Robert Safian said, “Each company…illustrates the power and potential of innovative ideas and creative execution. These are the kinds of enterprises that will redefine our future and point the way to a better tomorrow.”
The article highlighted Raser’s innovative new geothermal plant in Beaver County, Utah:
“What makes the plant unique is that Raser can generate zero-emissions electricity using water that’s scarcely hotter than a cup of coffee, opening up previously unusable (and far more common) low- to medium-temperature geothermal resources.”
The magazine noted that “Raser developed and built the Utah plant in under a year, reducing construction time from the more typical five or seven years and slashing capital costs, which have historically accounted for about half the expense of a large new power plant.”
Raser CEO Brent Cook said, “We are proud to have been named one of the 50 most innovative companies.
“We are pleased with this tribute to Raser’s ability to use more readily available geothermal resources and to build new plants economically, thus making clean, geothermal energy price competitive and expanding the nation’s potential energy supply.”
To see the Fast Company article, follow the link below.
http://www.fastcompany.com/fast50_09/profile/list/raser-technologies
About Raser Technologies
Raser Technologies (NYSE: RZ) is an environmentally focused technology licensing and development company operating in two business segments. Raser’s Power Systems segment is seeking to develop clean, renewable geothermal electric power plants and bottom-cycling operations, incorporating licensed heat transfer technology and Raser’s Symetron™ technology developed internally by its Transportation and Industrial Technology segment. Raser’s Transportation and Industrial Technology segment focuses on extended-range plug-in-hybrid vehicle solutions and using Raser’s award-winning Symetron™ technology to improve the torque density and efficiency of the electric motors and drive systems used in electric and hybrid-electric vehicle powertrains and industrial applications. Further information on Raser may be found at: www.rasertech.com.
About Fast Company Magazine
Fast Company sets the agenda, charting the evolution of business through a unique focus on the most creative individuals sparking change in the marketplace. By uncovering the best and "next" practices, the magazine and website help a new breed of leader work smarter and more effectively. Fast Company empowers innovators to challenge convention and create the future of business.
Cautionary Note Regarding Forward-Looking Statements
This press release contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding: our beliefs about preliminary drilling results; our beliefs about the potential for geothermal power generation on our leased properties and its qualification for certain federal tax credits; our beliefs about our ability to exploit the available geothermal resources; our beliefs about the ability of individuals to provide cash under the terms of the line of credit agreement; our beliefs about our ability to finalize power purchase agreements under favorable terms; our beliefs about our ability to obtain adequate development and permanent project funding; our beliefs about our ability to utilize our technology and other available technologies to produce electric power from the available resources; and our beliefs about the geothermal market in general. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the competitive environment and our ability to compete in the industry; our ability to adapt our technology and third-party technology for the intended applications; our ability to secure necessary permits; the strength of our intellectual property; our ability to attract, train and retain key personnel; and such other risks as identified in our quarterly report on Form 10-Q for the quarter ended September 30, 2008, as filed with the Securities and Exchange Commission, and all subsequent filings.
All forward-looking statements in this press release are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
RZ is Named One of 50 ‘Most Innovative Companies’
http://ih.advfn.com/p.php?pid=nmona&cb=1234879882&article=36290792&symbol=NY%5ERZ
Raser Technologies is Named One of 50 ‘Most Innovative Companies’ by ‘Fast Company Magazine’
Raser Technologies, Inc. (NYSE: RZ), a leader in geothermal power generation, today reported that Fast Company magazine chose it as one of the fifty “most innovative companies” for 2009 in its annual selection of the Fast Company 50.
In describing how the Fast Company 50 was selected, Editor Robert Safian said, “Each company…illustrates the power and potential of innovative ideas and creative execution. These are the kinds of enterprises that will redefine our future and point the way to a better tomorrow.”
The article highlighted Raser’s innovative new geothermal plant in Beaver County, Utah:
“What makes the plant unique is that Raser can generate zero-emissions electricity using water that’s scarcely hotter than a cup of coffee, opening up previously unusable (and far more common) low- to medium-temperature geothermal resources.”
The magazine noted that “Raser developed and built the Utah plant in under a year, reducing construction time from the more typical five or seven years and slashing capital costs, which have historically accounted for about half the expense of a large new power plant.”
Raser CEO Brent Cook said, “We are proud to have been named one of the 50 most innovative companies.
“We are pleased with this tribute to Raser’s ability to use more readily available geothermal resources and to build new plants economically, thus making clean, geothermal energy price competitive and expanding the nation’s potential energy supply.”
To see the Fast Company article, follow the link below.
http://www.fastcompany.com/fast50_09/profile/list/raser-technologies
About Raser Technologies
Raser Technologies (NYSE: RZ) is an environmentally focused technology licensing and development company operating in two business segments. Raser’s Power Systems segment is seeking to develop clean, renewable geothermal electric power plants and bottom-cycling operations, incorporating licensed heat transfer technology and Raser’s Symetron™ technology developed internally by its Transportation and Industrial Technology segment. Raser’s Transportation and Industrial Technology segment focuses on extended-range plug-in-hybrid vehicle solutions and using Raser’s award-winning Symetron™ technology to improve the torque density and efficiency of the electric motors and drive systems used in electric and hybrid-electric vehicle powertrains and industrial applications. Further information on Raser may be found at: www.rasertech.com.
About Fast Company Magazine
Fast Company sets the agenda, charting the evolution of business through a unique focus on the most creative individuals sparking change in the marketplace. By uncovering the best and "next" practices, the magazine and website help a new breed of leader work smarter and more effectively. Fast Company empowers innovators to challenge convention and create the future of business.
Cautionary Note Regarding Forward-Looking Statements
This press release contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding: our beliefs about preliminary drilling results; our beliefs about the potential for geothermal power generation on our leased properties and its qualification for certain federal tax credits; our beliefs about our ability to exploit the available geothermal resources; our beliefs about the ability of individuals to provide cash under the terms of the line of credit agreement; our beliefs about our ability to finalize power purchase agreements under favorable terms; our beliefs about our ability to obtain adequate development and permanent project funding; our beliefs about our ability to utilize our technology and other available technologies to produce electric power from the available resources; and our beliefs about the geothermal market in general. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the competitive environment and our ability to compete in the industry; our ability to adapt our technology and third-party technology for the intended applications; our ability to secure necessary permits; the strength of our intellectual property; our ability to attract, train and retain key personnel; and such other risks as identified in our quarterly report on Form 10-Q for the quarter ended September 30, 2008, as filed with the Securities and Exchange Commission, and all subsequent filings.
All forward-looking statements in this press release are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
PWAV Introduces Twin 900 MHz Tower Mounted Amplifier
http://ih.advfn.com/p.php?pid=nmona&cb=1234852685&article=36281722&symbol=N^PWAV
Powerwave Introduces Twin 900 MHz Tower Mounted Amplifier
GSMA Mobile World Congress 2009, Stand #8C115 – Powerwave Technologies, Inc. (NASDAQ:PWAV), a global leader in end-to-end wireless coverage and capacity solutions, introduced its new Twin 900 MHz Tower Mounted Amplifier (TMA) today at GSMA Mobile World Congress 2009, the mobile industry’s premier event, taking place in Barcelona, Spain, Feb. 16-18.
The TMA is designed to support customers with 900 GSM, GPRS, EDGE, and W-CDMA (UMTS) networks in the elimination of weak signals in coverage areas, which can lead to dropped calls or poor uplink data rates. It is also ideal for UMTS 900 operators planning to reuse existing feeders for both GSM 900 and UMTS 900 to compensate for combining losses when combining GSM 900 and UMTS 900 on the same feeder.
“Powerwave’s Twin 900 MHz Tower Mounted Amplifier enhances coverage and increases uplink data rates for 2.5G (GSM GPRS, EDGE), 3G (UMTS) and 4G (LTE) wireless networks, decreasing the needed output power from the handset,” said Khurram P. Sheikh, chief product and development officer, Powerwave Technologies, Inc. “Benefits to wireless operators include improved network coverage and quality, increased data capacity and speed, and extended battery life for handsets. As with all Powerwave TMAs, this latest solution is based on the most field proven TMA design in the industry, with 1.7 million units installed globally since 1994.”
Weighing less than 6 Kg, the new Twin 900 MHz TMA consists of two full-band TMAs supporting coverage from 880-960 MHz enclosed in one compact housing, simplifying site acquisition and reducing wind load and visual impact.
The TMA is available in configurations that offer 12 dB gain and are AISG 2.0 and AISG 1.1 compatible; the AISG 1.1 version is fully field upgradeable to AISG 2.0. The product is also fully compatible with current alarm installations. Powerwave also plans to introduce a 16 dB gain version of its Twin 900 MHz TMA later this year.
W-CDMA (UMTS) in the 900 MHz band is seen as a complementary solution to existing 3G services, enabling operators to provide wireless services, such as high-speed wireless Internet, to rural and urban areas. UMTS in the 900 MHz band provides up to 90KM range, enabling operators to achieve a 60 percent reduction in the number of cell sites required to serve rural areas, and can deliver improved quality of service in urban areas by enhancing in-building penetration by 25 percent. UMTS 900 MHz is also cost effective, in that it can be deployed by reusing GSM base station sites within an existing service area.
About Powerwave Technologies
A global leader in end-to-end wireless coverage and capacity solutions, Powerwave Technologies, Inc. offers cutting edge wireless infrastructure to address the demands of enterprise and commercial customers. Powerwave offers a comprehensive suite of solutions, including Antennas, Base Station Solutions and Coverage Solutions. Powerwave’s product line supports all wireless network protocols and frequencies including Next Generation Networks in 4G technology such as WiMAX and LTE. Powerwave solutions, products and services also help wireless operators and OEMs reduce capital and operating expenses, speed rollout of services, improve coverage and capacity, and reduce environmental impact. For more information, visit us at www.powerwave.com. Powerwave, Powerwave Technologies and the Powerwave logo are registered trademarks of Powerwave Technologies, Inc.
PWAV Introduces New Line of Advanced Train Repeaters
http://ih.advfn.com/p.php?pid=nmona&cb=1234852685&article=36281723&symbol=N^PWAV
Powerwave Introduces New Line of Advanced Train Repeaters, Providing Seamless Wireless Coverage for Railway Passengers
GSMA Mobile World Congress 2009, Stand #8C115 – Powerwave Technologies, Inc. (NASDAQ:PWAV), a global leader in end-to-end wireless coverage and capacity solutions, today announced a new family of Advanced Train Repeaters addressing the need for seamless in-train wireless coverage.
The repeaters are the only in-train offering on the market to leverage Global Positioning System (GPS) technology for accurate mapping of base station locations to facilitate automatic reconfiguration of repeater parameters – critical to support uninterrupted wireless access while the train is in motion.
Capable of maintaining signal quality in a moving environment where radio frequency (RF) conditions vary along the track, Powerwave’s Advanced Train Repeaters offer a modular, robust design that is easy to install, manage and upgrade. Supporting multi-carrier and multi-band operation, the repeaters support PGSM 900, EGSM 900, DCS 1800 and UMTS 2100. Additionally, Powerwave’s in-train repeaters are the only offerings on the market to also support UMTS 900 protocols.
The repeaters, which feature Powerwave’s renowned reliability, also offer energy-efficiency via automatic “power down” mode that is GPS-activated when the train is at rest, for example in a depot yard.
Powerwave’s new in-train repeaters complement the company’s existing wireless coverage solutions tailored for the transportation sector, and leverage its extensive experience in subway and tunnel deployments around the globe – including Barcelona Metro, Chicago Transit Authority (CTA), São Paulo Metro and Cercanias Madrid.
Already, Powerwave’s in-train repeaters are on the “fast track” to deployment; the first commuters to take advantage of uninterrupted wireless connectivity delivered via Powerwave’s new in-train repeaters are those travelling on Gardermobanen in Norway, a 60-kilometer high speed rail line between Oslo Central Station and Oslo Airport-Gardermoen.
“For the European business community, high-speed rail is fast becoming the mobile office of choice, enabling travelers to conduct business as usual between destinations thanks to advanced wireless infrastructure such as Powerwave’s innovative in-train repeaters,” said Khurram P. Sheikh, chief product and development officer, Powerwave Technologies, Inc. “Our new line of Advanced Train Repeaters helps ensure seamless wireless connectivity, ensuring uncompromised commuter productivity.”
Powerwave’s Advanced Train Repeaters can be managed remotely through Powerwave’s Netway Manager, an SNMP-based platform that centrally monitors and manages repeater networks. Working through Netway Manager, operators can ensure remote access to their repeaters – even in a multi-operator railway coverage setting.
Powerwave’s Advanced Train Repeaters are now shipping. Units can be installed in a 19-inch rack on existing infrastructure on or within the train, helping to minimize installation costs.
About Powerwave Technologies
A global leader in end-to-end wireless coverage and capacity solutions, Powerwave Technologies, Inc. offers cutting edge wireless infrastructure to address the demands of enterprise and commercial customers. Powerwave offers a comprehensive suite of solutions, including Antennas, Base Station Solutions and Coverage Solutions. Powerwave’s product line supports all wireless network protocols and frequencies including Next Generation Networks in 4G technology such as WiMAX and LTE. Powerwave solutions, products and services also help wireless operators and OEMs reduce capital and operating expenses, speed rollout of services, improve coverage and capacity, and reduce environmental impact. For more information, visit us at www.powerwave.com. Powerwave, Powerwave Technologies and the Powerwave logo are registered trademarks of Powerwave Technologies, Inc.
NO! (LINKs GERMANY & Day's Range)-
http://www.ariva.de/quote/simple.m?secu=100258495
BERLIN: http://www.ariva.de/quote/times_and_sales.m?secu=100258495&zeitraum=1&boerse_id=17
FRANKFURT: http://www.ariva.de/quote/times_and_sales.m?secu=100258495&zeitraum=1&boerse_id=1
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PWAV Introduces New Quad-port Low Broadband Antenna
http://ih.advfn.com/p.php?pid=nmona&cb=1234765129&article=36268451&symbol=N^PWAV
Powerwave Introduces New Quad-port Low Broadband Antenna
GSMA Mobile World Congress 2009, Stand #8C115 – Powerwave Technologies, Inc. (NASDAQ:PWAV), a global leader in end-to-end wireless coverage and capacity solutions, today introduced its new Quad-port Low Broadband Antenna at GSMA Mobile World Congress 2009.
Supporting coverage from 806-960 MHz via two columns of cross polarized arrays enclosed within a single radome, the antenna can be used for a wide range of applications where four low band ports are needed, including: W-CDMA (UMTS) overlay, multi-pattern multiple-input multiple-output (MIMO), air combining, and four-port receive diversity.
It is ideal for customers deploying both UMTS and GSM at the same frequency band, requiring a small form factor antenna to support both air interface standards. The antenna allows operators to provide UMTS 850/900 MHz coverage without affecting the existing GSM 900/850 MHz footprint. The antenna allows independent beam tilt for each column and can be equipped with one or two Remote Electrical Tilt (RET) motors.
W-CDMA (UMTS) in the 900MHz band is seen as a complementary solution to existing 3G services, enabling operators to provide wireless services, such as high-speed wireless Internet, to rural and urban areas. UMTS in the 900 MHz band provides up to 90KM range, enabling operators to achieve a 60 percent reduction in the number of cell sites required to serve rural areas, and can deliver improved quality of service in urban areas by enhancing in-building penetration by 25 percent. UMTS 900 MHz is also cost effective, in that it can be deployed by reusing GSM base station sites within an existing service area.
Powerwave’s Quad-port Low Broadband Antenna uses a highly efficient design that leverages two closely spaced columns of aperture coupled patches as opposed to interlaced dipoles used by other antenna vendors.
“Interference from co-located GSM and UMTS 900 equipment is one of the key challenges standing in the way of operators realizing the many benefits of UMTS 850/900,” said Khurram P. Sheikh, chief product and development officer, Powerwave Technologies, Inc. “Offering category-leading efficiency, low interference, and more gain per length than competing offerings, Powerwave’s Quad-port Low Broadband Antenna effectively addresses this issue while delivering the type of performance our customers have come to expect from Powerwave. Ideal for UMTS 850/900 deployments, our newest antenna offers maximum flexibility for use in a wide range of applications.”
Powerwave’s Quad-port Low Broadband Antenna comes standard with a single 3GPP Remote Electrical Tilt (RET) but can be ordered with Manual Electrical Tilt, or with two 3GPP RET motors attached to each antenna.
About Powerwave Technologies
A global leader in end-to-end wireless coverage and capacity solutions, Powerwave Technologies, Inc. offers cutting edge wireless infrastructure to address the demands of enterprise and commercial customers. Powerwave offers a comprehensive suite of solutions, including Antennas, Base Station Solutions and Coverage Solutions. Powerwave’s product line supports all wireless network protocols and frequencies including Next Generation Networks in 4G technology such as WiMAX and LTE. Powerwave solutions, products and services also help wireless operators and OEMs reduce capital and operating expenses, speed rollout of services, improve coverage and capacity, and reduce environmental impact. For more information, visit us at www.powerwave.com. Powerwave, Powerwave Technologies and the Powerwave logo are registered trademarks of Powerwave Technologies, Inc.
PWAV Introduces High Capacity, Long-Reach Fiber Optic Repeaters for EMEA Region Frequencies
http://ih.advfn.com/p.php?pid=nmona&cb=1234765129&article=36268452&symbol=N^PWAV
Powerwave Introduces High Capacity, Long-Reach Fiber Optic Repeaters for EMEA Region Frequencies
GSMA Mobile World Congress 2009, Stand #8C115 – Powerwave Technologies, Inc. (NASDAQ:PWAV), a global leader in end-to-end wireless coverage and capacity solutions, today announced general availability of its wideband Nexus™ FT, single- and dual-band repeaters for commercial frequencies in Europe, Middle East and Africa, delivering a powerful, yet cost-effective means for EMEA operators to extend the capacity and reach of their wireless networks.
Powerwave’s single- and dual-band Nexus FT repeaters feature a modular and robust design that is easy to install, supports multi-operator and multi-band operation, and offers high capacity and long-reach fiber optic distribution. This enables deployment up to 25km (15 miles) from an existing base station hotel, extending the coverage area and capacity of existing wireless networks.
“To date, operators have offered in-building coverage through macro networks; however, as data traffic increases and new services are implemented, requirements to maintain and improve quality of service are driving the deployment of in-building wireless coverage systems. These next-generation solutions are key to helping wireless operators overcoming these challenges and differentiate their offerings,” said Khurram P. Sheikh, chief product and development officer, Powerwave Technologies, Inc.
To help operators overcome these obstacles, Powerwave has developed its family of Nexus FT repeaters, which are designed to minimize system complexity, operational costs, visual impact and upgrade costs, providing high quality coverage close to the mobile user to ensure 3G and 4G capabilities can be fully realized in the coverage area.
Optimized for use in high capacity coverage systems, Powerwave’s Nexus FT repeaters leverage energy-efficient, multi-carrier power amplifiers (MCPAs) to reduce power requirements at the remote site, which makes them ideal for multi-operator and multi-band deployments. The ultra linear performance of the Nexus repeaters delivers built-in support for 900MHz EGSM and WCDMA, 1800MHZ DCS and 2100 WCDMA. Coupled with the integrated broadband fiber transport solution, Nexus FT repeaters provide seamless support for future technologies.
Using Powerwave’s repeaters, operators can implement new modulation schemes without impacting coverage footprint, which can reduce the costs associated with network upgrades. A maintenance-free passive cooling system eliminates scheduled maintenance, and enables Powerwave’s Nexus FT-based solutions to deliver the lowest total cost of ownership in the industry.
Powerwave’s Nexus FT repeaters can be managed remotely through Powerwave’s Netway Manager, an SNMP-based platform that centrally monitors and manages critical network interconnected remote controlled devices. An option is also available that enables the Nexus FT to be managed via a third-party SNMP-compliant NMS software package.
All part numbers offer an IP65 and NEMA 4 protection rating, and are fully weather- and lightning-protected for pole, rooftop or tower-top deployments.
About Powerwave Technologies
A global leader in end-to-end wireless coverage and capacity solutions, Powerwave Technologies, Inc. offers cutting edge wireless infrastructure to address the demands of enterprise and commercial customers. Powerwave offers a comprehensive suite of solutions, including Antennas, Base Station Solutions and Coverage Solutions. Powerwave’s product line supports all wireless network protocols and frequencies including Next Generation Networks in 4G technology such as WiMAX and LTE. Powerwave solutions, products and services also help wireless operators and OEMs reduce capital and operating expenses, speed rollout of services, improve coverage and capacity, and reduce environmental impact. For more information, visit us at www.powerwave.com. Powerwave, Powerwave Technologies and the Powerwave logo are registered trademarks of Powerwave Technologies, Inc.
Dow Corning, Wells Fargo Embrace Wind Power
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WASHINGTON, Feb. 13 /PRNewswire/ -- America's leading corporations are turning off fossil-fuels and switching to clean, green wind power. The trend began during the Bush years, but recent announcements from some of America's largest corporations indicate the switchover may be accelerating, in harmony with the Obama administration's strong support for both wind and solar energy.
On Tuesday Dow Corning announced it is purchasing nearly 100% of the electrical load required for the Company's corporate headquarters in Midland Mich. where more than 1100 employees work. Dow Corning is equally owned by Dow Chemical (NYSE:DOW) and Corning (NYSE:GLW) and is also a manufacturer of silicones used to make wind turbines run more efficiently.
Wells Fargo (NYSE:WFC), the San Francisco based bank, has offset its entire corporate energy consumption with wind power. The Company was recognized in the latest January 09 2009 Environmental Protection Agency (EPA) "Green Power Partnership" rankings as one of the nation largest Fortune 500 purchasers of wind power.
Despite the economic slowdown, the U.S. wind power industry continues to grow rapidly. In the fourth quarter of 2008 the U.S overtook Germany to become the world leader in wind power, rocketing past 21,000 megawatts of installed capacity - equivalent energy to service 5.5 million American homes, according to the American Wind Energy Association.
A report from Advisory Research indicates it is the companies building the new wind farms which may be the biggest beneficiaries of corporate America's accelerating demand for wind power. The report focuses on NACEL Energy (OTC Bulletin Board: NCEN) which has four wind farms underway in the Texas Panhandle - regarded as the nation's best wind area. The analysts at Advisory Research have a $3.07 valuation on NACEL which closed yesterday at $1.70.
Before the Bell Publishing LLC advises C.M. Biddick is a member of the Financial Industry Regulatory Authority (FINRA) CRD number 2382884
DATASOURCE: Before the Bell Green Energy Watch
CONTACT: Before the Bell Publishing LLC, 1-888-249-3011
Energy, Tech Cos Big Winners In $787 Billion US Stimulus Bill
Posted by: langlui Date: Saturday, February 14, 2009 3:47:12 PM
Energy, Tech Cos Big Winners In $787 Billion US Stimulus Bill
A $787 billion economic recovery bill on its way to final passage Friday in the U.S. Senate is a boon for energy and technology companies but a disappointment for businesses generally.
The business tax cuts in the bill shrunk during negotiations to a tiny fraction of its overall cost. Broad-based tax cuts for businesses under the final agreement total only about $10 billion.
Pharmaceuticals, high-tech companies and other multinationals lost an early battle to add their top priority to the bill: bringing profits home from overseas at a reduced tax rate. This was killed in a lopsided Senate floor vote.
The biggest blow came in the final stages of negotiations. That's when lawmakers eliminated a tax refund for net operating losses for all firms except those with gross receipts of $15 million and below.
"They scaled it back to the point where it's virtually meaningless," said House Ways and Means Committee ranking Republican Dave Camp of Michigan. " Thousands of employers will not be able to take advantage of that, and when they figure that out they're going to be mad."
Ironically, the Senate's move to add a tax cut may have led to the eventual slashing of business tax cuts in the package. When the Senate added a $70 billion provision to protect middle-class taxpayers from the alternative minimum tax in 2009, lawmakers began looking for places to trim to make room.
"We would have preferred to see more in the package on the tax reduction side, " said Bruce Josten, executive vice president for government affairs at the U.S. Chamber of Commerce. "We think [business tax cuts] would have given more economic punch than would the AMT, for example," Josten said.
Some sectors, such as struggling automakers, fared better than others. General Motors Corp. (GM) won a $3 billion tax benefit that helps it to preserve tax attributes that it otherwise would have lost under restructuring plans.
Consumers making new car purchases can get a new deduction for state and local sales taxes, worth $1.7 billion over 10 years. This will be a boon for carmakers.
Automakers as well as other businesses will get a one-year extension of a provision that lets companies get cash for research tax credits that have built up unused.
Government contractors, from large defense giants to food service providers, were able to postpone a 3% tax withholding requirement by another year, until 2012. That was less than the outright repeal they had sought.
Energy firms may reap the biggest rewards from the package, which is flush with dollars for investment in renewable energy and smart grid technologies.
The bill includes $11 billion to improve the electric grid, including to provide for more efficient transmission of power from renewable sources. That would help smart grid technology providers such as Ambient Corp. (ABTG) and Echelon Corp. (ELON).
Wind energy producers such as GE Energy, a unit of General Electric Co. (GE), and Spain's Iberdrola SA (IBE.MC), would gain under a three-year extension of green energy production tax credits. Renewable energy tax incentives total $15 billion.
Wind firms and solar companies such as SunPower Corp. (SPWRA) won a new grants program designed to provide a direct cash infusion to projects that have lagged because of tight credit markets and a lack of tax credit investors.
Technology firms generally are happy with the infusion of money for health information technology and the "smart" energy grid. They are also pleased with some $7 billion in grants for new high-speed Internet connections in rural areas, according to Bruce Mehlman, who is co-chairman of the Internet Innovation Alliance, or IIA.
In addition to the smart grid money, the bill provides $19 billion to help health providers adopt electronic medical records systems. Both provisions will be a boon to technology companies that have built those systems and are waiting for companies to buy them, Mehlman said.
Members of IIA include AT&T Inc. (T), Alcatel-Lucent (ALU), Nortel Networks Corp. (NRTLQ) and Corning Inc. (GLW).
Telecom analysts say mid-sized and rural phone companies such as Qwest Communications International Inc. (Q), CenturyTel Inc. (CTL) and Embarq Corp. ( EQ) will be pleased with the $7 billion in grants for building Internet networks in rural areas. But the money probably isn't enough to change Internet buildout plans from bigger companies such as AT&T and Verizon Communications Inc. (VZ).
The Internet grants also will be of some use to equipment manufacturers and semiconductor vendors like Corning, Cisco Systems Inc. (CSCO), Juniper Networks Inc. (JNPR), ADTRAN Inc. (ADTN) and Broadcom Corp. (BRCM), according to analysts at Stifel Nicolaus.
Amtrak got $1.3 billion for security upgrades and improvements along its northeast corridor. The final stimulus bill also includes $8 billion for high- speed passenger-rail service - four times the amount allocated in the Senate version. The money will be used mostly to improve existing routes rather than on expansion.
Money to shore up states' flailing budgets got trimmed in the final version. The lion's share of a $53.6 billion state "stabilization fund" is devoted to education funding, but some of that money can be used to fund public safety and critical services.
A provision in an earlier House version was cut that would have provided for a separate, $20 billion line item solely for school construction.
House Education and Labor Committee Chairman George Miller, D-Calif., said he worries that school superintendents will be tempted to use the stabilization funds for teacher salaries and other school funding commitments rather than repairs. "These things have a way of sliding," Miller said.
Freshman House member Rep. Dan Maffei, D-N.Y., said it's frustrating that the school construction funding didn't get its own line item in the bill, but he noted that it still contains plenty of money to fund school repairs. "It's not as straightforward as I would have liked," Maffei said.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35617013
...until March 23, 2009 OS maxed out
( - 7,115,889 shares)
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6412518
...As of February 12, 2009 a total of 942,884,111 shares of the Company's currently authorized 950,000,000 shares of Common Stock are outstanding.
... -
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6412518
...As of February 12, 2009 a total of 942,884,111 shares of the Company's currently authorized 950,000,000 shares of Common Stock are outstanding.
******************************************************************
Posted by: Nexm_Junkie Date: Saturday, February 14, 2009 2:49:31 PM
In reply to: stoxx00 who wrote msg# 3832 Post # of 3838
Has anyone validated the posting? It is not anywhere even the edgar-online website. Just trying to double check everything is what it seems. :)
GNPH Reports Results for the First Quarter of its Fiscal Year 2009
http://www.genesispharmaceuticals.com/newsview.php?id=87&fir_lineid=79&sec_lineid=490
First Quarter of FY 2009 Highlights
· Revenue was $27.6 million, up 65.9% from the corresponding quarter ended September 30, 2007
· Gross profit was $21.8 million, up 81.3% from the corresponding quarter ended September 30, 2007, and gross margin was 79.1%, compared to 72.4% in the corresponding quarter ended September 30, 2007
· Operating income was $7.3 million, up 48.9% from the corresponding quarter ended September 30, 2007
· Net income was $3.1 million, compared to $3.2 million in the corresponding quarter ended September 30, 2007
· In July 2008, the Company received approval from the Chinese State Food and Drug Administration to start producing and distributing Radix Isatidis Dispersible Tablets, an herbal-based traditional Chinese medicine used for viral influenza
· On September 4, 2008, the Company completed a 40-for-1 reverse stock split of its common stock and began trading under the symbol “GNPH”
· The Company received purchase orders for a total value of approximately $12 million over the next 12 months from over 80 wholesale distributors at the 43rd Annual New Drugs Conference sponsored by China Health Tech Forum 2008
“Genesis had a good first quarter because of our on-going marketing and sales efforts. Baobaole Chewable tablets continued to generate strong sales, and we recently started selling a new product, Radix Isatidis Dispersible Tablets, which is used to treat cold and flu symptoms,” said Mr. Wubo Cao, Chairman and CEO of Genesis. “We expect to continue to expand our marketing and sales efforts and continue to explore opportunities to acquire, manufacture and sell new products in order to further develop shareholder value throughout the rest of fiscal year 2009.”
First Quarter of Fiscal Year 2009 Results
Total revenue from sales and sales to related parties totaled $27.6 million for the three months ended September 30, 2008, up 65.9% to $16.6 million for the three months ended September 30, 2007. Revenues increased because of strong sales of the Company’s two products, Itopride Hydrochloride Granules and Baobaole chewable tablets, a product which was successfully launched in the second quarter of fiscal year 2008.
Gross profit in the first quarter of fiscal year 2009 was $21.8 million, an increase of 81.3% from $12.0 million for the prior year’s corresponding period. Gross margin increased 79.1%, up from 72.4% for the prior year’s corresponding period. Gross margin increased because of increased sales of higher margin products, especially Baobaole chewable tables, more efficient production and well managed purchases of raw materials.
Research and development costs totaled $1.1 million for the three months ended September 30, 2008, compared to $0.3 million for the three months ended September 30, 2007. This increase was due to two new cooperative research and development agreements that were signed in the latter part of fiscal 2008. The Company began making monthly payments to support university research and development projects.
Selling, general and administrative expenses were $13.4 million for the three months ended September 30, 2008, up 95.7% from $6.8 million in the three months ended September 30, 2007. Salaries, wages and related benefits increased $8.6 million primarily because of an increase in the Company’s number of employees and higher commissions as a percentage of sales paid to sales representatives. Other factors for the increase in selling, general and administrative expenses included higher advertising, marketing and promotion expenditures, and costs related to being a public company.
Income from operations was $7.3 million for the three months ended September 30, 2008, a 48.9% increase from $4.9 million for the three months ended September 30, 2007.
Although the Company had a $2.4 million increase in income from operations, other expenses increased by $2.1 million. Net income for the three months ended September 30, 2008 was $3.1 million, compared to $3.2 million for the three months ended September 30, 2007. Excluding an unrealized loss on security investments of $1.0 million and a non-cash charge for amortization of discounts on convertible debt of $0.7 million, adjusted net income for the three months ended September 30, 2008 was $4.8 million or $0.49 per fully diluted share, which translates to a 49.5% increase in non-GAAP net income for the three months ended September 30, 2008 compared to the same period last year.
Management believes that operating income will grow and net income will improve in the remainder of fiscal year 2009 as the Company will continue to strengthen its sales efforts, offer new products, improve manufacturing efficiency and more closely control spending.
Financial Condition
As of September 30, 2008, the Company had $61.3 million in cash. Working capital was $77.4 million, up from $73.2 million as of June 30, 2008. Current liabilities were $23.4 million and long-term debt consisted of $3.2 million in convertible debt. Shareholders’ equity was $97.4 million. Future contractual obligations within one year period include $7.9 million in bank debt and $4.4 million in research and development contractual agreements. The Company generated $13.7 million in cash flow from operating activities in the first quarter of fiscal year 2009. Management believes that its strong cash position will sustain the Company’s future cash needs and will enable the Company to successfully implement its growth strategies.
Recent Events
· The Company started sales of Radix Isatidis Dispersible Tablets in October 2008. This drug is expected to become a popular remedy for cold and flu symptoms.
· In early November of 2008, the Company launched a new corporate website with the domain address http://www.genesispharmaceuticals.com.
Business Outlook and Guidance
"Part of our current growth strategy includes developing and implementing a systematic marketing strategy through which we hope to develop our presence in China’s rural markets. We believe that rural China offers us good growth potential because the Chinese government actively supports better health care in rural areas. We are currently also exploring acquisition opportunities through which we expect to quickly increase our portfolio of products," said Mr. Cao. "Regarding corporate governance, we are in the process of selecting and engaging a professional consulting company to help us meet the requirements of the Sarbanes–Oxley Act of 2002. The improvements we want to bring to our corporate governance are guided by the requirements for applying to a senior U.S. stock exchange. We hope to apply to a senior U.S. stock exchange in the near future in order to increase visibility and liquidity for our shares, and value for our shareholders.”
“Sales have grown quickly for Baobaole Chewable Tablets, Radix Isatidis Dispersible Tablets have found rapid market acceptance, and we expect to expand our product line in the near future. We continue to be confident that we will meet our fiscal year 2009 guidance,” concluded Mr. Cao. “We expect revenue for fiscal 2009 to be from $122.0 to $130.0 million, and operating income to be from $40.0 to $43.0 million.”
Conference Call
Genesis Pharmaceuticals Enterprises, Inc. management will host a conference call at 10:00 a.m. Eastern Time on Monday, November 17, 2008 to discuss financial results for the quarter ended September 30, 2008. Mr. Wubo Cao, Chairman & CEO of Genesis, Ms. Elsa Sung, CFO of Genesis and Ms. Hong Xue, Financial Controller of Genesis will be present at the conference call. To participate in this live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time of 9:00 a.m. Eastern Time on Monday, November 17, 2008: (888) 419-5570. International callers should call (617) 896-9871. The Conference Passcode is 684 940 06. If you are unable to participate in the call at that time, replay of the conference call will be available from Monday, November 17, 2008 at 11:00 a.m. Eastern until Monday, December 1, 2008. To access the replay, call (888) 286-8010. International callers should call (617) 801-6888. The Conference Passcode is: 396 547 67.
About Genesis Pharmaceuticals Enterprises, Inc.
Genesis Pharmaceuticals Enterprises, Inc. is a U.S. public company engaged in the research, development, production, marketing and sales of pharmaceutical products in the People's Republic of China. Its operations are located in Northeast China in an Economic Development Zone in Laiyang City, Shandong province. Genesis is a pharmaceutical company in China producing western and Chinese herbal-based medical drugs in tablet, capsule, and granule form.
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the Company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to introduce, manufacture and distribute new drugs. Actual results may differ materially from predicted results, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company’s ability to obtain raw materials needed in manufacturing, the continuing employment of key employees, the failure risks inherent in testing any new drug, the possibility that regulatory approvals may be delayed or become unavailable, patent or licensing concerns that may include litigation, direct competition from other manufacturers and product obsolescence. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission.
GNPH Reports Results for the First Quarter of its Fiscal Year 2009
http://www.genesispharmaceuticals.com/newsview.php?id=87&fir_lineid=79&sec_lineid=490
First Quarter of FY 2009 Highlights
· Revenue was $27.6 million, up 65.9% from the corresponding quarter ended September 30, 2007
· Gross profit was $21.8 million, up 81.3% from the corresponding quarter ended September 30, 2007, and gross margin was 79.1%, compared to 72.4% in the corresponding quarter ended September 30, 2007
· Operating income was $7.3 million, up 48.9% from the corresponding quarter ended September 30, 2007
· Net income was $3.1 million, compared to $3.2 million in the corresponding quarter ended September 30, 2007
· In July 2008, the Company received approval from the Chinese State Food and Drug Administration to start producing and distributing Radix Isatidis Dispersible Tablets, an herbal-based traditional Chinese medicine used for viral influenza
· On September 4, 2008, the Company completed a 40-for-1 reverse stock split of its common stock and began trading under the symbol “GNPH”
· The Company received purchase orders for a total value of approximately $12 million over the next 12 months from over 80 wholesale distributors at the 43rd Annual New Drugs Conference sponsored by China Health Tech Forum 2008
“Genesis had a good first quarter because of our on-going marketing and sales efforts. Baobaole Chewable tablets continued to generate strong sales, and we recently started selling a new product, Radix Isatidis Dispersible Tablets, which is used to treat cold and flu symptoms,” said Mr. Wubo Cao, Chairman and CEO of Genesis. “We expect to continue to expand our marketing and sales efforts and continue to explore opportunities to acquire, manufacture and sell new products in order to further develop shareholder value throughout the rest of fiscal year 2009.”
First Quarter of Fiscal Year 2009 Results
Total revenue from sales and sales to related parties totaled $27.6 million for the three months ended September 30, 2008, up 65.9% to $16.6 million for the three months ended September 30, 2007. Revenues increased because of strong sales of the Company’s two products, Itopride Hydrochloride Granules and Baobaole chewable tablets, a product which was successfully launched in the second quarter of fiscal year 2008.
Gross profit in the first quarter of fiscal year 2009 was $21.8 million, an increase of 81.3% from $12.0 million for the prior year’s corresponding period. Gross margin increased 79.1%, up from 72.4% for the prior year’s corresponding period. Gross margin increased because of increased sales of higher margin products, especially Baobaole chewable tables, more efficient production and well managed purchases of raw materials.
Research and development costs totaled $1.1 million for the three months ended September 30, 2008, compared to $0.3 million for the three months ended September 30, 2007. This increase was due to two new cooperative research and development agreements that were signed in the latter part of fiscal 2008. The Company began making monthly payments to support university research and development projects.
Selling, general and administrative expenses were $13.4 million for the three months ended September 30, 2008, up 95.7% from $6.8 million in the three months ended September 30, 2007. Salaries, wages and related benefits increased $8.6 million primarily because of an increase in the Company’s number of employees and higher commissions as a percentage of sales paid to sales representatives. Other factors for the increase in selling, general and administrative expenses included higher advertising, marketing and promotion expenditures, and costs related to being a public company.
Income from operations was $7.3 million for the three months ended September 30, 2008, a 48.9% increase from $4.9 million for the three months ended September 30, 2007.
Although the Company had a $2.4 million increase in income from operations, other expenses increased by $2.1 million. Net income for the three months ended September 30, 2008 was $3.1 million, compared to $3.2 million for the three months ended September 30, 2007. Excluding an unrealized loss on security investments of $1.0 million and a non-cash charge for amortization of discounts on convertible debt of $0.7 million, adjusted net income for the three months ended September 30, 2008 was $4.8 million or $0.49 per fully diluted share, which translates to a 49.5% increase in non-GAAP net income for the three months ended September 30, 2008 compared to the same period last year.
Management believes that operating income will grow and net income will improve in the remainder of fiscal year 2009 as the Company will continue to strengthen its sales efforts, offer new products, improve manufacturing efficiency and more closely control spending.
Financial Condition
As of September 30, 2008, the Company had $61.3 million in cash. Working capital was $77.4 million, up from $73.2 million as of June 30, 2008. Current liabilities were $23.4 million and long-term debt consisted of $3.2 million in convertible debt. Shareholders’ equity was $97.4 million. Future contractual obligations within one year period include $7.9 million in bank debt and $4.4 million in research and development contractual agreements. The Company generated $13.7 million in cash flow from operating activities in the first quarter of fiscal year 2009. Management believes that its strong cash position will sustain the Company’s future cash needs and will enable the Company to successfully implement its growth strategies.
Recent Events
· The Company started sales of Radix Isatidis Dispersible Tablets in October 2008. This drug is expected to become a popular remedy for cold and flu symptoms.
· In early November of 2008, the Company launched a new corporate website with the domain address http://www.genesispharmaceuticals.com.
Business Outlook and Guidance
"Part of our current growth strategy includes developing and implementing a systematic marketing strategy through which we hope to develop our presence in China’s rural markets. We believe that rural China offers us good growth potential because the Chinese government actively supports better health care in rural areas. We are currently also exploring acquisition opportunities through which we expect to quickly increase our portfolio of products," said Mr. Cao. "Regarding corporate governance, we are in the process of selecting and engaging a professional consulting company to help us meet the requirements of the Sarbanes–Oxley Act of 2002. The improvements we want to bring to our corporate governance are guided by the requirements for applying to a senior U.S. stock exchange. We hope to apply to a senior U.S. stock exchange in the near future in order to increase visibility and liquidity for our shares, and value for our shareholders.”
“Sales have grown quickly for Baobaole Chewable Tablets, Radix Isatidis Dispersible Tablets have found rapid market acceptance, and we expect to expand our product line in the near future. We continue to be confident that we will meet our fiscal year 2009 guidance,” concluded Mr. Cao. “We expect revenue for fiscal 2009 to be from $122.0 to $130.0 million, and operating income to be from $40.0 to $43.0 million.”
Conference Call
Genesis Pharmaceuticals Enterprises, Inc. management will host a conference call at 10:00 a.m. Eastern Time on Monday, November 17, 2008 to discuss financial results for the quarter ended September 30, 2008. Mr. Wubo Cao, Chairman & CEO of Genesis, Ms. Elsa Sung, CFO of Genesis and Ms. Hong Xue, Financial Controller of Genesis will be present at the conference call. To participate in this live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time of 9:00 a.m. Eastern Time on Monday, November 17, 2008: (888) 419-5570. International callers should call (617) 896-9871. The Conference Passcode is 684 940 06. If you are unable to participate in the call at that time, replay of the conference call will be available from Monday, November 17, 2008 at 11:00 a.m. Eastern until Monday, December 1, 2008. To access the replay, call (888) 286-8010. International callers should call (617) 801-6888. The Conference Passcode is: 396 547 67.
About Genesis Pharmaceuticals Enterprises, Inc.
Genesis Pharmaceuticals Enterprises, Inc. is a U.S. public company engaged in the research, development, production, marketing and sales of pharmaceutical products in the People's Republic of China. Its operations are located in Northeast China in an Economic Development Zone in Laiyang City, Shandong province. Genesis is a pharmaceutical company in China producing western and Chinese herbal-based medical drugs in tablet, capsule, and granule form.
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the Company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to introduce, manufacture and distribute new drugs. Actual results may differ materially from predicted results, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company’s ability to obtain raw materials needed in manufacturing, the continuing employment of key employees, the failure risks inherent in testing any new drug, the possibility that regulatory approvals may be delayed or become unavailable, patent or licensing concerns that may include litigation, direct competition from other manufacturers and product obsolescence. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission.
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AWEA Statement On House-Senate Agreement On Stimulus Package
http://nenmore.blogspot.com/2009/02/wind-likes-stim.html
February 12, 2009 (American Wind Energy Association)
“The American Wind Energy Association (AWEA) today praised the agreement reached by the U.S. Senate and House of Representatives on economic recovery legislation, which includes several provisions intended to spur development of wind and other renewable energy industries in the current adverse economic and financial climate.
“‘The renewable energy provisions in the final bill will stimulate economic and job growth in the wind industry. More than that, this bill is a critical down payment on long-term policies needed to meet the President’s ambitious renewable energy goals, enhance America’s energy security, grow our economy and reduce global warming pollution ,’ said Greg Wetstone, AWEA’s Senior Director for Governmental Affairs."
“The agreement includes a key measure, a grant program, which the industry considers essential to sustaining growth. The grant measure was included in the House bill and retained in the final package with a few modifications. Wetstone praised the Congressional leadership for recognizing the strong stimulus value that renewable energy development can contribute to the economy.
“‘Given the right tools, the wind industry is ready to deliver,’ added Wetstone.”
http://2.bp.blogspot.com/_b5hcKABPlGI/SZT8Hjf9KjI/AAAAAAAASnU/1FZvX52kAYc/s320/2-1309b.png
posted by Herman K. Trabish @ 8:48 PM
Dow Corning, Wells Fargo Embrace Wind Power
http://ih.advfn.com/p.php?pid=nmona&cb=1234543157&article=36251155&symbol=NB^NCEN
WASHINGTON, Feb. 13 /PRNewswire/ -- America's leading corporations are turning off fossil-fuels and switching to clean, green wind power. The trend began during the Bush years, but recent announcements from some of America's largest corporations indicate the switchover may be accelerating, in harmony with the Obama administration's strong support for both wind and solar energy.
On Tuesday Dow Corning announced it is purchasing nearly 100% of the electrical load required for the Company's corporate headquarters in Midland Mich. where more than 1100 employees work. Dow Corning is equally owned by Dow Chemical (NYSE:DOW) and Corning (NYSE:GLW) and is also a manufacturer of silicones used to make wind turbines run more efficiently.
Wells Fargo (NYSE:WFC), the San Francisco based bank, has offset its entire corporate energy consumption with wind power. The Company was recognized in the latest January 09 2009 Environmental Protection Agency (EPA) "Green Power Partnership" rankings as one of the nation largest Fortune 500 purchasers of wind power.
Despite the economic slowdown, the U.S. wind power industry continues to grow rapidly. In the fourth quarter of 2008 the U.S overtook Germany to become the world leader in wind power, rocketing past 21,000 megawatts of installed capacity - equivalent energy to service 5.5 million American homes, according to the American Wind Energy Association.
A report from Advisory Research indicates it is the companies building the new wind farms which may be the biggest beneficiaries of corporate America's accelerating demand for wind power. The report focuses on NACEL Energy (OTC Bulletin Board: NCEN) which has four wind farms underway in the Texas Panhandle - regarded as the nation's best wind area. The analysts at Advisory Research have a $3.07 valuation on NACEL which closed yesterday at $1.70.
Before the Bell Publishing LLC advises C.M. Biddick is a member of the Financial Industry Regulatory Authority (FINRA) CRD number 2382884
DATASOURCE: Before the Bell Green Energy Watch
CONTACT: Before the Bell Publishing LLC, 1-888-249-3011
NCX -
http://shortsqueeze.com/?symbol=ncx&submit=Short+Quote%99
Nova Chemicals Corp. $ 1.46
NCX
Short Interest (Shares Short) 4,039,400
Days To Cover (Short Interest Ratio) 1.9
Short Percent of Float 5.49 %
Short Interest - Prior 3,704,900
Short % Increase / Decrease 9.03 %
Short Squeeze Ranking™ -10
% From 52-Wk High ($ 32.46 ) -2123.29 %
% From 52-Wk Low ($ 1.05 ) 28.08 %
% From 200-Day MA ($ 13.94 ) -854.79 %
% From 50-Day MA ($ 3.84 ) -163.01 %
Price % Change (52-Week) -95.90 %
Shares Float 73,610,000
Total Shares Outstanding 83,100,000
% Owned by Insiders 9.88 %
% Owned by Institutions 65.30 %
Market Cap. $ 121,326,000
Trading Volume - Today 1,059,561
Trading Volume - Average 2,159,700
Trading Volume - Today vs. Average 49.06 %
Earnings Per Share 3.50
PE Ratio 0.30
Record Date 2009-FebA
Sector Basic Materials
Industry Synthetics
Exchange NY
GNPH (Short Interest / Jan 30, 2009) -
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=Gnph#getShortInfo
http://shortsqueeze.com/?symbol=gnph&submit=Short+Quote%99
Genesis Pharmaceuticals Enterprises Inc. $ 5.89
GNPH
Short Interest (Shares Short) 24,800
Days To Cover (Short Interest Ratio) 7.3
Short Percent of Float %
Short Interest - Prior 5,000
Short % Increase / Decrease 396.00 %
Short Squeeze Ranking™
% From 52-Wk High ($ 13.50 ) -129.20 %
% From 52-Wk Low ($ 3.31 ) 43.80 %
% From 200-Day MA ($ 5.42 ) 7.98 %
% From 50-Day MA ($ 4.18 ) 29.03 %
Price % Change (52-Week) %
Shares Float
Total Shares Outstanding
% Owned by Insiders %
% Owned by Institutions %
Market Cap. $
Trading Volume - Today 3,455
Trading Volume - Average 3,400
Trading Volume - Today vs. Average 101.62 %
Earnings Per Share
PE Ratio
Record Date 2009-FebA
Sector
Industry
Exchange BB
PWAV Gives GSMA Mobile World Congress Attendees a Traveling Show
http://ih.advfn.com/p.php?pid=nmona&cb=1234440122&article=36219483&symbol=N^PWAV
All Aboard to Barcelona: Powerwave Gives GSMA Mobile World Congress Attendees a Traveling Show
Powerwave Technologies, Inc. (NASDAQ:PWAV), a global leader in end-to-end wireless coverage and capacity solutions, today announced it will be showcasing its newest offerings at GSMA Mobile World Congress 2009, the mobile industry's premier event, taking place in Barcelona, Spain, Feb. 16-19, an event which is expected to draw some 50,000 attendees.
While Powerwave will be unveiling several new wireless products on the show floor, attendees will also have a chance to experience Powerwave's innovative wireless solutions up close and personal – while traveling aboard the Barcelona Metro.
Powerwave designed and deployed the wireless coverage system for Line 3 of the Barcelona Metro. The subway system serves nearly 6 million passengers annually through six rail lines and 123 stations located underground throughout the Barcelona metropolitan region.
The oldest line in the Barcelona Metro network, Line 3, often referred to as Linia verde, or “green line,” in operation since 1924, encompasses 26 stations and serves the University of Barcelona campus located in the western end Avinguda Diagonal in the Les Corts district, and Trinitat Nova in Nou Barris.
The design and deployment of the wireless coverage system for Line 3 encompassed three different phases spanning a three-year period, during which Powerwave provided the hardware, commissioning and optimization of the distributed antenna system (DAS). Currently serving three of the region's major wireless operators – Orange, Telefonica and Vodafone – the wireless coverage system supports GSM900, GSM1800 and UMTS 2100 frequencies, and offers a migration path to future technologies, services and carriers. Powerwave is currently in the process of bringing wireless coverage to an additional six railway stations located along the Barcelona Metro's Line 5, with future additional wireless coverage system expansion planned.
Powerwave on a Roll at Mobile World Congress, Showcasing New Solutions
Powerwave will be introducing four new products at the show:
* Powerwave's new Quad-port Low Broadband Antenna, ideal for a wide range of applications, including: W-CDMA (UMTS) overlay, multi-pattern multiple-input multiple-output (MIMO), air combining, four-port receive diversity, and 900 MHz UMTS/GSM co-siting.
* Powerwave's Twin 900 MHz Tower Mounted Amplifier, which enhances coverage and increases uplink data rates for 2.5G (GSM GPRS, EDGE), 3G (UMTS) and 4G (LTE) wireless networks.
* Powerwave's new line of Advanced Train Repeaters, designed to provide PGSM 900, EGSM 900, DCS 1800, UMTS 2100 UMTS 900 wireless coverage for high-speed railway passengers via an innovative solution that leverages Global Positioning System (GPS) technology for accurate mapping of base stations locations, along with an energy-saving “power-down” mode when the train is at rest.
* Powerwave's Wideband Nexus™ FT, Single- and Dual-band Repeaters for commercial frequencies in Europe, Middle East and Africa, featuring multi-operator and multi-band operation, high capacity and long-reach fiber optic distribution, representing a powerful, yet cost-effective means for EMEA operators to extend the capacity and reach of their wireless networks.
Powerwave will also be showcasing a full range of wireless coverage and capacity solutions to address the key challenges and demands of its enterprise and commercial customers. These include its indoor and outdoor Distributed Antenna System (DAS) solutions ideal for a wide range of deployment environments: low cost solutions for emerging markets and solutions for upcoming 4G networks leveraging WiMAX and LTE; solutions that are ultra energy-efficient and leverage alternative energy sources; and network management solutions that help wireless operators and OEMs reduce capital and operating expenses.
"We are pleased to bring to Barcelona such a wide range of solutions that demonstrate Powerwave's technology leadership and our desire to bring smart, innovative solutions to market to make tomorrow's wireless networks a reality," said Khurram P. Sheikh, chief product and development officer, Powerwave Technologies, Inc. "And we are also proud that our technology will be showcased in a real-world scenario – powering wireless connectivity for show attendees traveling aboard the Barcelona Metro."
About Powerwave Technologies
A global leader in end-to-end wireless coverage and capacity solutions, Powerwave Technologies, Inc. offers cutting edge wireless infrastructure to address the demands of enterprise and commercial customers. Powerwave offers a comprehensive suite of solutions, including Antennas, Base Station Solutions and Coverage Solutions. Powerwave's product line supports all wireless network protocols and frequencies including Next Generation Networks in 4G technology such as WiMAX and LTE. Powerwave solutions, products and services also help wireless operators and OEMs reduce capital and operating expenses, speed rollout of services, improve coverage and capacity, and reduce environmental impact. For more information, visit us at www.powerwave.com. Powerwave, Powerwave Technologies and the Powerwave logo are registered trademarks of Powerwave Technologies, Inc.
Powerwave Technologies Inc. [PWAV]
Powerwave Technologies, Inc. supplies wireless solutions for wireless communications networks worldwide. The company designs, manufactures, and markets antennas, boosters, combiners, filters, radio frequency power amplifiers, repeaters, tower-mounted amplifiers, and advanced coverage solutions for use in cellular, PCS, 3G, and WiMax networks. It sells its products through its direct sales force, independent sales representatives, and resellers to wireless original equipment manufacturers and individual wireless network operators. The company was founded in 1985. It was formerly known as Milcom International, Inc. and changed its name to Powerwave Technologies, Inc. in 1996. The company is based in Santa Ana, California.
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...added to my LONGTIME-portfolio some "PWAV"
HOMEPAGE:
http://www.powerwave.com/
NEWS:
http://finance.yahoo.com/q?s=PWAV
http://www.powerwave.com/newsevents.asp
SEC-FILINGS:
http://www.sec.gov/cgi-bin/browse-edgar?company=Powerwave&match=&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany
SHORT QUOTE:
http://shortsqueeze.com/?symbol=pwav&submit=Short+Quote%99
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FEB/05.2009 Powerwave Technologies Reports Fourth Quarter Results
http://ih.advfn.com/p.php?pid=nmona&cb=1234440122&article=36182639&symbol=N^PWAV
Fourth Quarter and Fiscal 2008 Highlights
* Fiscal Year 2008 revenue increased to $890.2 million, up 14.1 percent from $780.5 million in 2007
* Fourth quarter 2008 revenue was $180.3 million
* On a pro forma basis, excluding goodwill impairment charge and intangible asset amortization and restructuring and impairment charges, net income per share for the fourth quarter was 1 cent
FEB/06.2009 Powerwave Technologies Inc. Q4 2008 Earnings Call Transcript
http://seekingalpha.com/article/118920-powerwave-technologies-inc-q4-2008-earnings-call-transcript?source=feed
AWEA PRAISES SENATE-APPROVED STIMULUS PACKAGE
http://www.awea.org/newsroom/releases/awea_praises_stimulus_package_10Feb09.html
February 10, 2009
AWEA PRAISES SENATE-APPROVED STIMULUS PACKAGE
WASHINGTON, D.C. -- The American Wind Energy Association (AWEA) hailed Senate approval today of its economic stimulus bill, which includes several provisions designed to create incentives for wind and other renewable energy industries. "This stimulus package is a critical down payment on long-term policies to enhance energy security, encourage new economic investment in jobs, and address climate change," said Greg Wetstone, AWEA's Senior Director for Governmental Affairs. "We look forward to working with our friends in the House and Senate to achieve a compromise bill that can help the wind industry recover its momentum through this down economy and into the next decade."
The Senate-passed bill includes a $7 billion renewable energy loan guarantee program (an amount that is $1 billion less than the level provided in the House version of the bill), a 3-year extension of the federal production tax credit (PTC), an additional year of bonus depreciation for 2009, elimination of the cost caps for the small wind investment tax credit, and targeted provisions to encourage construction of new transmission lines to deliver electricity generated from renewables.
Wetstone noted that the industry will be pushing for inclusion in the final legislation of a Department of Energy (DOE) grant program included in the House bill last month. "The House DOE grant program is absolutely essential to continuing the growth of wind power and other renewable energy sources through the down economy," he commented.
The wind industry posted a record-shattering year in 2008, installing more than 8,300 MW of new wind capacity. In addition, 55 new wind-related manufacturing facilities were opened, expanded or announced in the U.S. last year alone. Wetstone warned that despite this record performance, the wind industry faces many challenges in the current economic environment.
"Last year, projects were coming on so fast that everyone was concerned about a manufacturing backlog. That’s been replaced by a drying up of capital and financing due to the national credit crisis," Wetstone noted. "The wind industry is ready to do its part for the economic recovery, and with the right policies in place, we're ready to lead the nation’s economic recovery and to meet President Obama’s vision of doubling renewable energy production in the next three years."
# # #
About the American Wind Energy Association (AWEA):
AWEA is the national trade association of America’s wind industry, with more than 1,800 member companies, including global leaders in wind power and energy development, wind turbine manufacturing, component and service suppliers, and the world’s largest wind power trade show. AWEA is the voice of wind energy in the U.S., promoting renewable energy to power a cleaner, stronger America. More information on wind energy is available at the AWEA Web site: www.awea.org.
Updated profile on NCEN (www.stockupticks.com)
Dear Reader,
Currently, America harnesses more than 21,000 MW of electric energy from wind; enough to meet the needs of 5.5 million average homes. And, according to a Department of Energy report, wind can provide much more . . . as much as 20% of America’s energy needs by 2030. Our featured company today, Nacel Energy Inc. (OTCBB: NCEN) is engaged in the business of generating clean, profitable, renewable energy from wind.
Why wind energy? Wind energy produces no emissions and does not pollute our air or water and, unlike nuclear power, requires no hazardous waste storage. Both coal (a heavy polluter) and natural gas release greenhouse gases that also may affect our world’s climate. An increasingly important economic and strategic benefit of wind energy is its contribution to reducing our dependence on imported energy from less secure regions across the globe.
Please take a moment to review our updated profile on NCEN below
http://www.stockupticks.com/profiles/2-10-09.html
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- added to ibox