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Sunday, March 07, 2010 7:08:06 PM
Paradigm Medical Announces
http://www.paradigm-medical.com/web/
SALT LAKE CITY--Paradigm Medical Industries, Inc. (OTC.PK) announced today that it has been notified by its Italian partner, Costruzione Strumenti Oftalmici (CSO), that all necessary documents have been completed and submitted to the United States Food and Drug Administration (FDA) for the Retimax™, also known as the Paramax. Paradigm is the exclusive representative for this significant new product in the US market. “This new innovative device offers the earliest detection of glaucoma currently available and will be an excellent addition to Paradigm’s glaucoma diagnostic products,” said Stephen Davis, Paradigm’s President and Chief Executive Officer.
http://www.paradigm-medical.com/web/
The Paramax (as it will be known in the United States) represents the third product that Paradigm represents for CSO. Paradigm also represents CSO’s impressive corneal topographer, to be known in the U.S. as the Paravue 300, and CSO’s corneal topographer with Scheimpflug rotating camera, to be known in the U.S. as the Surveyor 500. The Surveyor 500 with the Scheimpflug camera allows for the complete analysis of the entire cornea and anterior segment of the eye. Paradigm plans to begin active promotion of the Paravue 300 and the Surveyor 500 and will actively promote the Paramax immediately after it has received FDA approval.
About Paradigm Medical Industries, Inc.
Headquartered in Salt Lake City, Utah, Paradigm Medical Industries, Inc. is a medical device company that develops, manufactures and distributes ophthalmic diagnostic instruments and related products for early detection of glaucoma and other eye disorders. The Company’s primary objective is to capture a niche market within the glaucoma and ultrasound microscopy fields. Paradigm Medical Industries markets its products to ophthalmologists, optometrists, universities, and clinics throughout the United States and internationally.
This press release contains statements that, if not verifiable historic fact, may be viewed as forward-looking statements that could predict future events and outcomes with respect to Paradigm and its business. The predictions embodied in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.
Contact:
Paradigm Medical Industries, Inc.
Stephen L. Davis,
President and Chief Executive Officer
801-977-8970
http://www.paradigm-medical.com
For more information, please visit: http://www.paradigm-medical.com
...........................................................................
http://www.paradigm-medical.com/web/
We specialize in the development and marketing of diagnostic equipment for the ophthalmic market. Our product families of topographers, autoperimeters and ultrasonic biomicroscopes combined withour unique Blood Flow Analyzer help the eye care professionals community diagnose and treat disorders of the eye such as glaucoma, cataracts and age-related macular degeneration.
www.StockMarketingInc.com: Amazing News Today!! IWEB "IceWEB Comments on Private and Public Companies Showing Positive Results From Cloud Computing ":: Sign Up Today
http://www.paradigm-medical.com/web/
Mar 05, 2010 (M2 PRESSWIRE via COMTEX) -- STOCK MARKETING INC PRESENTS : (OTCBB: IWEB) IceWEB, Inc., (OTCBB: JNGW) Jingwei International Ltd., (OTCBB: IDCN) Indocan Resources, Inc., (OTCBB: NPDT) Newport Digital Technologies, Inc., (PINKSHEETS: PDMI) Paradigm Medical Industries, Inc., (OTCBB: BHWX) Black Hawk Exploration Inc.
http://www.paradigm-medical.com/web/
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(OTCBB: IWEB - IceWEB, Inc.)
LATEST NEWS!!
IceWEB Comments on Private and Public Companies Showing Positive Results From Cloud Computing
STERLING, Va., Mar 05, 2010 -- IceWEB, Inc.(TM) (OTCBB: IWEB), a leading provider of purpose built appliances and building blocks for cloud storage networks, announced today that new research by Enterprise Management Associates ("EMA") suggests that while enterprises are showing a cautious face to the world on cloud computing, companies that have already implemented cloud computing are planning to pile in enthusiastically.
EMA surveyed more than 800 large organizations, and most respondents acknowledged anticipated concerns about security, and interest in potential investment savings. The research indicated that new adoption of cloud computing to this point has been very small overall, but has exploded in organizations that had already tried it.
"From Fortune 500 Companies to Government agencies, branches of the military, and the small business owner, our clients are asking for products that are robust, scalable, easily installed and managed. They want storage solutions that provide cost savings as everyone's budgets are being stretched in this tough economic cycle," stated John R. Signorello, CEO of IceWEB. "The need for data storage grows daily, and IceWEB's ability to scale our clients up and out will allow us to continue to offer state of the art products at extremely competitive prices." "The estimate is that 11% of enterprises overall are going to cloud next year," said Andi Mann, Vice President of Research, Systems and Storage Management for EMA and lead author of the study. "A lot of the griping and whining that you hear is the skeptics, and they certainly exist," he said. Despite the seeming coolness to cloud, though, Mann found that enterprises using cloud computing, public or private, almost always had positive results.
Study participants that already used Software as a Service (SaaS) or Infrastructure as a Service (IaaS) products such as Salesforce.com or Amazon Web Services said that 25% of their IT was already outside the organization. By 2012, more than half of IT consumption will be in the cloud.
"It is very promising to see that IceWEB's vision and corporate strategy to enter the cloud computing and data storage arena in 2008 was the right direction for the company. IceWEB's ability to offer competitive products at much lower prices than legacy storage vendors has positioned the Company to have continued success in the second half of 2010 and an even stronger 2011. We have committed to keeping shareholders updated on all of our progress," concluded, Signorello.
About IceWEB, Inc.
Headquartered just outside of Washington, D.C., IceWEB manufactures and markets storage solutions and on-line cloud computing application services. Its customer base includes U.S. government agencies, enterprise companies, and small to medium sized businesses (SMB). For more information, please visit www.IceWEB.com.
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(OTCBB: JNGW - Jingwei International Ltd.)
LATEST NEWS!!
Jingwei International Announces Unaudited Preliminary Results for Fiscal Year 2009
SHENZHEN, China, March 5, 2010 -- Jingwei International Limited (OTC Bulletin Board: JNGW), one of the leading providers of data mining and interactive marketing services in China, today announced unaudited preliminary financial results for the fourth quarter of 2009 and for the year ended December 31, 2009. The Company will release full financial results when filing its Form 10-K on or before March 31, 2010.
-- Net revenue for Q4 2009 is expected to increase to between $13.2 to $13.5 million from $8.8 million in Q3 2009, or 50%-53% growth.
-- Net income for Q4 2009 is expected to increase to between $2.8 and $3.3 million from $1.46 million in Q3 2009, an increase of over 90%.
-- Free cash flow (a non-GAAP measure defined as operating cash flows minus capital expenditures and dividends) is expected to be approximately $8.4 million in 2009.
-- Cash and cash equivalents at the end of 2009 is expected to be approximately $10.2 million compared to $5.5 million at the end of 2008.
The above results are subject to the completion of the company's annual audit.
In addition, the Company announced that for fiscal 2010, it is forecasting to achieve total revenue of between $37.5 million and $42.0 million, net income of between $7.3 million and $8.2 million, and earnings per diluted share of between $0.43 and $0.48.
Rick Luk, Chief Executive Officer of Jingwei International stated, "We are pleased to have regained momentum with the continuing improvement of revenue and overall performance in the fourth quarter and second half of 2009 compared to the first half of the year. Our continued efforts in working capital management resulted in great improvement in free cash flow as well as the balance of cash and cash equivalents. Based on the results, we believe management actions undertaken in the second half of the year continued to be on track; and we expect this momentum to continue into 2010 as the Chinese and global economies continue to recover.
"As we step into 2010, we plan to continue to focus on strategic initiatives in progress, which include the continuing growth of our proprietary consumer database, the addition of mobile VAS and mobile Internet capabilities to strengthen our portfolio in the data mining segment, as well as making further investment in enhancing the capabilities and extending the geographic reach of our interactive marketing services to benefit from the remarkable growth of the Chinese consumer market and mobile Internet services. With the anticipated revenue contribution from these initiatives and recent significant deal wins from major wireless carriers, we hope to achieve strong growth in both revenue and earnings in 2010." About Jingwei International Jingwei International Limited ("Jingwei") is a leading provider of data-mining, Interactive Marketing Services and Mobile Internet marketing solutions in the fast growing Chinese market. Powered by advanced data mining technology and a proprietary database of over 400 million Chinese consumers, Jingwei enables leading Chinese companies as well as international brands to reach their target audiences. The Company's products and services include software services and system integration, data mining and business intelligence services, interactive marketing, mobile internet marketing, wireless VAS and Mobile Products. Jingwei is evolving into a dominant player in interactive marketing services and mobile internet marketing solutions in China.
For more information, please visit the Company's web site: http://www.jingweicom.com .
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(OTCBB: IDCN - Indocan Resources, Inc.)
LATEST NEWS!!
Indocan Resources Corporate Update
Indocan Announces an update in the affairs of the Company
MISSOULA, Mont., March 4, 2010 -- The Board of Directors of Indocan Resources, Inc. (PINKSHEETS: IDCN) wishes to update the Company shareholders with the following information.
The recently announced Hockey Stick property in NW Ontario is moving forward with draft options and operating agreements on the table from lawyers and final agreements expected to be executed in the near future. Our geologist is preparing a sampling program and other plans to be submitted to our joint venture for examination and ultimately approval.
At least two other properties with similar prospects to Hockey Stick are being considered by management and have a reasonable proximity to each other and have similar prospects as Hockey Stick.
We welcome the many new shareholders in recent days and weeks and commit to regular updates and communications that will benefit both the Company and our Stockholders.
More information can be learned by visiting our website: www.indocan.com
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(OTCBB: NPDT - Newport Digital Technologies, Inc.)
LATEST NEWS!!
Newport Digital Technologies Develops First LED Digital Signage Solution with Wi-Fi, 3G and WiMax Wireless Connectivity
Mar 04, 2010 -- Newport Digital Technologies, Inc. (OTCBB: NPDT) announced today that it has developed and launched its first leading-edge LED digital signage solution that offers wireless high definition video and audio streaming that is compatible with 3G networks such as AT&T and Wi-Fi and WiMax networks. The LED digital signage solution will provide modular and customizable sizes for displays ranging from 50 inches to stadium-size applications. In addition, the solution will also encompass a digital content and delivery management system, allowing the end user to remotely manage the digital content for a signage display with a laptop and Web browser application.
"This wireless LED digital signage solution is another significant achievement of NDT's to bring leading-edge technology through its collaboration with its technology incubator partners, the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI)," said NDT CEO Michael Lutton. "This product line reflects the company's ability to continue to bring leading-edge technology to market in a cost-effective manner and is now available to our AT&T and other channel partners. We anticipate this unique wireless signage solution to generate significant revenue for NDT in calendar years 2010 and 2011." "The 3G, Wi-Fi and WiMax features will enable this signage solution to have video and audio streaming connectivity anywhere there is 3G, Wi-Fi or WiMax network," commented Richard Tanimoto, NDT Senior Managing Director. "The customizable display sizes will offer a myriad of solutions that include retail, public, commercial buildings, sporting event venues, where digital content is important and meaningful for business and government applications." About Newport Digital Technologies, Inc.: Newport Digital Technologies, Inc. (NDT) is a technology solutions driven company organized to focus on serving five of the fastest-emerging businesses in the technology space - RFID (Radio-Frequency Identification), WiMax, eLearning, and LED Digital Signage and LED Lighting solutions. NDT develops and delivers these technology solutions through strategic collaborations with global partners, including Taiwan industry and Taiwan's premier technology R&D incubators -- the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI). NDT will customize these technology solutions and market them through Fortune 1000 channel partners and systems integrators on a worldwide basis.
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(PINKSHEETS: PDMI - Paradigm Medical Industries, Inc.)
LATEST NEWS!!
Paradigm Medical Announces
http://www.paradigm-medical.com/web/
SALT LAKE CITY, UT, Mar 05, 2010 -- Paradigm Medical Industries, Inc. (PINKSHEETS: PDMI) announced today that it has been notified by its Italian partner, Costruzione Strumenti Oftalmici (CSO), that all necessary documents have been completed and submitted to the United States Food and Drug Administration (FDA) for the Retimax(TM), also known as the Paramax. Paradigm is the exclusive representative for this significant new product in the U.S. market. "This new innovative device offers the earliest detection of glaucoma currently available and will be an excellent addition to Paradigm's glaucoma diagnostic products," said Stephen Davis, Paradigm's President and Chief Executive Officer.
The Paramax (as it will be known in the United States) represents the third product that Paradigm represents for CSO. Paradigm also represents CSO's impressive corneal topographer, to be known in the U.S. as the Paravue 300, and CSO's corneal topographer with Scheimpflug rotating camera, to be known in the U.S. as the Surveyor 500. The Surveyor 500 with the Scheimpflug camera allows for the complete analysis of the entire cornea and anterior segment of the eye. Paradigm plans to begin active promotion of the Paravue 300 and the Surveyor 500 and will actively promote the Paramax immediately after it has received FDA approval.
About Paradigm Medical Industries, Inc.
http://www.paradigm-medical.com/web/
Headquartered in Salt Lake City, Utah, Paradigm Medical Industries, Inc. is a medical device company that develops, manufactures and distributes ophthalmic diagnostic instruments and related products for early detection of glaucoma and other eye disorders. The Company's primary objective is to capture a niche market within the glaucoma and ultrasound microscopy fields. Paradigm Medical Industries markets its products to ophthalmologists, optometrists, universities, and clinics throughout the United States and internationally.
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(OTCBB: BHWX - Black Hawk Exploration Inc.)
LATEST NEWS!!
Black Hawk Exploration Positive Surface Sampling Findings From Dun Glen Warrant Additional Exploratory Trenching
FOX ISLAND, Wash., March 3, 2010 -- Black Hawk Exploration, Inc. (OTC Bulletin Board: BHWX) announced today that its wholly owned subsidiary, Golden Black Hawk, has completed preliminary surface sampling analysis on three of its eight historic mining dumps with significant size. From North to South, the areas analyzed for gold values were the Auld Lang Syne Dump, Black Hole Dump, and the Monroe Dump Cumulatively the three dump sites examined contained up to approximately 50,000 tons of material. Kevin M. Murphy stated, "All of the dumps are readily accessible by pick-up truck using existing roads. All the roads are pre-existing, do not have excessive grades, and are on firm road bases. They would have to be 'cleaned up' to remove the weather damage that has accumulated over the seasons. With the weather damage removed they would be easily passable by most vehicles and result in a significant savings to Golden Black Hawk." Surface Sampling Results A total of 285 samples were collected and analyzed, the greatest being 4.27 and 4.77 oz. Per Ton from the Black Hole Dump. All the samples reviewed by Golden Black Hawk had values ranging from less than detection to 4.77 ounces per ton gold. Sampling was done in a representative fashion across the surface. No specific areas were "high-graded" and sample lines were laid out on a regular interval with each sample collected over one meter intervals.
Of the 3 major dumps sampled each associated dump had an overall average of:
- Auld Lang Syne 0.015 Oz Per Ton Gold - Black Hole 0.23 Oz Per Ton Gold - Monroe 0.04 Oz Per Ton Gold
The sampling on the Black Hole and Monroe dumps had areas on the dumps with numerous values higher than 0.2 oz. per ton gold. The Black Hole in particular had 18 out of 87 samples greater than 0.2 oz per ton gold and four samples were greater than 0.8 oz per ton gold (0.83, 1.86, 4.27, and 4.77 opt gold).
Sampling was only surface sampling; results available to management were designed as a cursory examination to determine if the dumps warranted further evaluation. This Phase 1 program was a review of current surface data and did not dig down into the dumps. The results strongly suggest that the grades are significant enough to evaluate the total value of the dumps in more detail and to extend the evaluation to the remaining five dumps. "Based on the 50,000 Ton dump estimate available to us from only three of the eight dumps on the Dun Glen, and the exciting surface results analyzed, we are going to 'dig down' and push forward this Spring on a trenching program and review of our 5 additional dumps," stated CEO Murphy.
About Black Hawk Exploration, Inc.: Black Hawk is a diversified metals and energy exploration company with its current focus on lithium exploration through its wholly owned subsidiary Blue Lithium and Gold discovery through its wholly owned Golden Black Hawk, Dun Glen holdings. Black Hawk is committed to an aggressive program of value added property acquisition, project generation, asset diversity and building Shareholder value.
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TheStockWizards.net: News and Technical Analysis Update for March 5th 2010 Paradigm Medical Industries, Inc. (OTC: PDMI)
http://www.paradigm-medical.com/web/
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=pdmi#getNews
Mar 05, 2010 (M2 PRESSWIRE via COMTEX) -- Boca Raton FL, http://www.TheStockWizards.net a Premiere Financial Portal & InvestorRelations Firm that brings a wealth of trading resources to Small Cap Investors, has compiled a list of stocks on the OTCBB, and Pink Sheet Markets that have positive technical indicators and may provide continued trading opportunities for investors.
SALT LAKE CITY, UT, Mar 05, 2010 Paradigm Medical Industries, Inc. (PINKSHEETS: PDMI) announced today that it has been notified by its Italian partner, Costruzione Strumenti Oftalmici (CSO), that all necessary documents have been completed and submitted to the United States Food and Drug Administration (FDA) for the Retimax(TM), also known as the Paramax. Paradigm is the exclusive representative for this significant new product in the U.S. market. "This new innovative device offers the earliest detection of glaucoma currently available and will be an excellent addition to Paradigm's glaucoma diagnostic products," said Stephen Davis, Paradigm's President and Chief Executive Officer.
Technical outlook: PDMI it's coming off very oversold conditions. Today's key level will be the 50 day moving average at .0016. A weekly close above this level could get more traders and investors interested. Support .001 resistance .002 PDMI is up 36% on 76 million shares traded this morning.
Headquartered in Salt Lake City, Utah, Paradigm Medical Industries, Inc. is a medical device company that develops, manufactures and distributes ophthalmic diagnostic instruments and related products for early detection of glaucoma and other eye disorders. The Company's primary objective is to capture a niche market within the glaucoma and ultrasound microscopy fields. Paradigm Medical Industries markets its products to ophthalmologists, optometrists, universities, and clinics throughout the United States and internationally.
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http://www.paradigm-medical.com/web/
http://www.paradigm-medical.com/web/
http://www.paradigm-medical.com/web/
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(C)1994-2010 M2 COMMUNICATIONS
http://www.paradigm-medical.com/web/
SALT LAKE CITY--Paradigm Medical Industries, Inc. (OTC.PK) announced today that it has been notified by its Italian partner, Costruzione Strumenti Oftalmici (CSO), that all necessary documents have been completed and submitted to the United States Food and Drug Administration (FDA) for the Retimax™, also known as the Paramax. Paradigm is the exclusive representative for this significant new product in the US market. “This new innovative device offers the earliest detection of glaucoma currently available and will be an excellent addition to Paradigm’s glaucoma diagnostic products,” said Stephen Davis, Paradigm’s President and Chief Executive Officer.
http://www.paradigm-medical.com/web/
The Paramax (as it will be known in the United States) represents the third product that Paradigm represents for CSO. Paradigm also represents CSO’s impressive corneal topographer, to be known in the U.S. as the Paravue 300, and CSO’s corneal topographer with Scheimpflug rotating camera, to be known in the U.S. as the Surveyor 500. The Surveyor 500 with the Scheimpflug camera allows for the complete analysis of the entire cornea and anterior segment of the eye. Paradigm plans to begin active promotion of the Paravue 300 and the Surveyor 500 and will actively promote the Paramax immediately after it has received FDA approval.
About Paradigm Medical Industries, Inc.
Headquartered in Salt Lake City, Utah, Paradigm Medical Industries, Inc. is a medical device company that develops, manufactures and distributes ophthalmic diagnostic instruments and related products for early detection of glaucoma and other eye disorders. The Company’s primary objective is to capture a niche market within the glaucoma and ultrasound microscopy fields. Paradigm Medical Industries markets its products to ophthalmologists, optometrists, universities, and clinics throughout the United States and internationally.
This press release contains statements that, if not verifiable historic fact, may be viewed as forward-looking statements that could predict future events and outcomes with respect to Paradigm and its business. The predictions embodied in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.
Contact:
Paradigm Medical Industries, Inc.
Stephen L. Davis,
President and Chief Executive Officer
801-977-8970
http://www.paradigm-medical.com
For more information, please visit: http://www.paradigm-medical.com
...........................................................................
http://www.paradigm-medical.com/web/
We specialize in the development and marketing of diagnostic equipment for the ophthalmic market. Our product families of topographers, autoperimeters and ultrasonic biomicroscopes combined withour unique Blood Flow Analyzer help the eye care professionals community diagnose and treat disorders of the eye such as glaucoma, cataracts and age-related macular degeneration.
www.StockMarketingInc.com: Amazing News Today!! IWEB "IceWEB Comments on Private and Public Companies Showing Positive Results From Cloud Computing ":: Sign Up Today
http://www.paradigm-medical.com/web/
Mar 05, 2010 (M2 PRESSWIRE via COMTEX) -- STOCK MARKETING INC PRESENTS : (OTCBB: IWEB) IceWEB, Inc., (OTCBB: JNGW) Jingwei International Ltd., (OTCBB: IDCN) Indocan Resources, Inc., (OTCBB: NPDT) Newport Digital Technologies, Inc., (PINKSHEETS: PDMI) Paradigm Medical Industries, Inc., (OTCBB: BHWX) Black Hawk Exploration Inc.
http://www.paradigm-medical.com/web/
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=pdmi#getNews
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(OTCBB: IWEB - IceWEB, Inc.)
LATEST NEWS!!
IceWEB Comments on Private and Public Companies Showing Positive Results From Cloud Computing
STERLING, Va., Mar 05, 2010 -- IceWEB, Inc.(TM) (OTCBB: IWEB), a leading provider of purpose built appliances and building blocks for cloud storage networks, announced today that new research by Enterprise Management Associates ("EMA") suggests that while enterprises are showing a cautious face to the world on cloud computing, companies that have already implemented cloud computing are planning to pile in enthusiastically.
EMA surveyed more than 800 large organizations, and most respondents acknowledged anticipated concerns about security, and interest in potential investment savings. The research indicated that new adoption of cloud computing to this point has been very small overall, but has exploded in organizations that had already tried it.
"From Fortune 500 Companies to Government agencies, branches of the military, and the small business owner, our clients are asking for products that are robust, scalable, easily installed and managed. They want storage solutions that provide cost savings as everyone's budgets are being stretched in this tough economic cycle," stated John R. Signorello, CEO of IceWEB. "The need for data storage grows daily, and IceWEB's ability to scale our clients up and out will allow us to continue to offer state of the art products at extremely competitive prices." "The estimate is that 11% of enterprises overall are going to cloud next year," said Andi Mann, Vice President of Research, Systems and Storage Management for EMA and lead author of the study. "A lot of the griping and whining that you hear is the skeptics, and they certainly exist," he said. Despite the seeming coolness to cloud, though, Mann found that enterprises using cloud computing, public or private, almost always had positive results.
Study participants that already used Software as a Service (SaaS) or Infrastructure as a Service (IaaS) products such as Salesforce.com or Amazon Web Services said that 25% of their IT was already outside the organization. By 2012, more than half of IT consumption will be in the cloud.
"It is very promising to see that IceWEB's vision and corporate strategy to enter the cloud computing and data storage arena in 2008 was the right direction for the company. IceWEB's ability to offer competitive products at much lower prices than legacy storage vendors has positioned the Company to have continued success in the second half of 2010 and an even stronger 2011. We have committed to keeping shareholders updated on all of our progress," concluded, Signorello.
About IceWEB, Inc.
Headquartered just outside of Washington, D.C., IceWEB manufactures and markets storage solutions and on-line cloud computing application services. Its customer base includes U.S. government agencies, enterprise companies, and small to medium sized businesses (SMB). For more information, please visit www.IceWEB.com.
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(OTCBB: JNGW - Jingwei International Ltd.)
LATEST NEWS!!
Jingwei International Announces Unaudited Preliminary Results for Fiscal Year 2009
SHENZHEN, China, March 5, 2010 -- Jingwei International Limited (OTC Bulletin Board: JNGW), one of the leading providers of data mining and interactive marketing services in China, today announced unaudited preliminary financial results for the fourth quarter of 2009 and for the year ended December 31, 2009. The Company will release full financial results when filing its Form 10-K on or before March 31, 2010.
-- Net revenue for Q4 2009 is expected to increase to between $13.2 to $13.5 million from $8.8 million in Q3 2009, or 50%-53% growth.
-- Net income for Q4 2009 is expected to increase to between $2.8 and $3.3 million from $1.46 million in Q3 2009, an increase of over 90%.
-- Free cash flow (a non-GAAP measure defined as operating cash flows minus capital expenditures and dividends) is expected to be approximately $8.4 million in 2009.
-- Cash and cash equivalents at the end of 2009 is expected to be approximately $10.2 million compared to $5.5 million at the end of 2008.
The above results are subject to the completion of the company's annual audit.
In addition, the Company announced that for fiscal 2010, it is forecasting to achieve total revenue of between $37.5 million and $42.0 million, net income of between $7.3 million and $8.2 million, and earnings per diluted share of between $0.43 and $0.48.
Rick Luk, Chief Executive Officer of Jingwei International stated, "We are pleased to have regained momentum with the continuing improvement of revenue and overall performance in the fourth quarter and second half of 2009 compared to the first half of the year. Our continued efforts in working capital management resulted in great improvement in free cash flow as well as the balance of cash and cash equivalents. Based on the results, we believe management actions undertaken in the second half of the year continued to be on track; and we expect this momentum to continue into 2010 as the Chinese and global economies continue to recover.
"As we step into 2010, we plan to continue to focus on strategic initiatives in progress, which include the continuing growth of our proprietary consumer database, the addition of mobile VAS and mobile Internet capabilities to strengthen our portfolio in the data mining segment, as well as making further investment in enhancing the capabilities and extending the geographic reach of our interactive marketing services to benefit from the remarkable growth of the Chinese consumer market and mobile Internet services. With the anticipated revenue contribution from these initiatives and recent significant deal wins from major wireless carriers, we hope to achieve strong growth in both revenue and earnings in 2010." About Jingwei International Jingwei International Limited ("Jingwei") is a leading provider of data-mining, Interactive Marketing Services and Mobile Internet marketing solutions in the fast growing Chinese market. Powered by advanced data mining technology and a proprietary database of over 400 million Chinese consumers, Jingwei enables leading Chinese companies as well as international brands to reach their target audiences. The Company's products and services include software services and system integration, data mining and business intelligence services, interactive marketing, mobile internet marketing, wireless VAS and Mobile Products. Jingwei is evolving into a dominant player in interactive marketing services and mobile internet marketing solutions in China.
For more information, please visit the Company's web site: http://www.jingweicom.com .
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(OTCBB: IDCN - Indocan Resources, Inc.)
LATEST NEWS!!
Indocan Resources Corporate Update
Indocan Announces an update in the affairs of the Company
MISSOULA, Mont., March 4, 2010 -- The Board of Directors of Indocan Resources, Inc. (PINKSHEETS: IDCN) wishes to update the Company shareholders with the following information.
The recently announced Hockey Stick property in NW Ontario is moving forward with draft options and operating agreements on the table from lawyers and final agreements expected to be executed in the near future. Our geologist is preparing a sampling program and other plans to be submitted to our joint venture for examination and ultimately approval.
At least two other properties with similar prospects to Hockey Stick are being considered by management and have a reasonable proximity to each other and have similar prospects as Hockey Stick.
We welcome the many new shareholders in recent days and weeks and commit to regular updates and communications that will benefit both the Company and our Stockholders.
More information can be learned by visiting our website: www.indocan.com
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(OTCBB: NPDT - Newport Digital Technologies, Inc.)
LATEST NEWS!!
Newport Digital Technologies Develops First LED Digital Signage Solution with Wi-Fi, 3G and WiMax Wireless Connectivity
Mar 04, 2010 -- Newport Digital Technologies, Inc. (OTCBB: NPDT) announced today that it has developed and launched its first leading-edge LED digital signage solution that offers wireless high definition video and audio streaming that is compatible with 3G networks such as AT&T and Wi-Fi and WiMax networks. The LED digital signage solution will provide modular and customizable sizes for displays ranging from 50 inches to stadium-size applications. In addition, the solution will also encompass a digital content and delivery management system, allowing the end user to remotely manage the digital content for a signage display with a laptop and Web browser application.
"This wireless LED digital signage solution is another significant achievement of NDT's to bring leading-edge technology through its collaboration with its technology incubator partners, the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI)," said NDT CEO Michael Lutton. "This product line reflects the company's ability to continue to bring leading-edge technology to market in a cost-effective manner and is now available to our AT&T and other channel partners. We anticipate this unique wireless signage solution to generate significant revenue for NDT in calendar years 2010 and 2011." "The 3G, Wi-Fi and WiMax features will enable this signage solution to have video and audio streaming connectivity anywhere there is 3G, Wi-Fi or WiMax network," commented Richard Tanimoto, NDT Senior Managing Director. "The customizable display sizes will offer a myriad of solutions that include retail, public, commercial buildings, sporting event venues, where digital content is important and meaningful for business and government applications." About Newport Digital Technologies, Inc.: Newport Digital Technologies, Inc. (NDT) is a technology solutions driven company organized to focus on serving five of the fastest-emerging businesses in the technology space - RFID (Radio-Frequency Identification), WiMax, eLearning, and LED Digital Signage and LED Lighting solutions. NDT develops and delivers these technology solutions through strategic collaborations with global partners, including Taiwan industry and Taiwan's premier technology R&D incubators -- the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI). NDT will customize these technology solutions and market them through Fortune 1000 channel partners and systems integrators on a worldwide basis.
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(PINKSHEETS: PDMI - Paradigm Medical Industries, Inc.)
LATEST NEWS!!
Paradigm Medical Announces
http://www.paradigm-medical.com/web/
SALT LAKE CITY, UT, Mar 05, 2010 -- Paradigm Medical Industries, Inc. (PINKSHEETS: PDMI) announced today that it has been notified by its Italian partner, Costruzione Strumenti Oftalmici (CSO), that all necessary documents have been completed and submitted to the United States Food and Drug Administration (FDA) for the Retimax(TM), also known as the Paramax. Paradigm is the exclusive representative for this significant new product in the U.S. market. "This new innovative device offers the earliest detection of glaucoma currently available and will be an excellent addition to Paradigm's glaucoma diagnostic products," said Stephen Davis, Paradigm's President and Chief Executive Officer.
The Paramax (as it will be known in the United States) represents the third product that Paradigm represents for CSO. Paradigm also represents CSO's impressive corneal topographer, to be known in the U.S. as the Paravue 300, and CSO's corneal topographer with Scheimpflug rotating camera, to be known in the U.S. as the Surveyor 500. The Surveyor 500 with the Scheimpflug camera allows for the complete analysis of the entire cornea and anterior segment of the eye. Paradigm plans to begin active promotion of the Paravue 300 and the Surveyor 500 and will actively promote the Paramax immediately after it has received FDA approval.
About Paradigm Medical Industries, Inc.
http://www.paradigm-medical.com/web/
Headquartered in Salt Lake City, Utah, Paradigm Medical Industries, Inc. is a medical device company that develops, manufactures and distributes ophthalmic diagnostic instruments and related products for early detection of glaucoma and other eye disorders. The Company's primary objective is to capture a niche market within the glaucoma and ultrasound microscopy fields. Paradigm Medical Industries markets its products to ophthalmologists, optometrists, universities, and clinics throughout the United States and internationally.
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(OTCBB: BHWX - Black Hawk Exploration Inc.)
LATEST NEWS!!
Black Hawk Exploration Positive Surface Sampling Findings From Dun Glen Warrant Additional Exploratory Trenching
FOX ISLAND, Wash., March 3, 2010 -- Black Hawk Exploration, Inc. (OTC Bulletin Board: BHWX) announced today that its wholly owned subsidiary, Golden Black Hawk, has completed preliminary surface sampling analysis on three of its eight historic mining dumps with significant size. From North to South, the areas analyzed for gold values were the Auld Lang Syne Dump, Black Hole Dump, and the Monroe Dump Cumulatively the three dump sites examined contained up to approximately 50,000 tons of material. Kevin M. Murphy stated, "All of the dumps are readily accessible by pick-up truck using existing roads. All the roads are pre-existing, do not have excessive grades, and are on firm road bases. They would have to be 'cleaned up' to remove the weather damage that has accumulated over the seasons. With the weather damage removed they would be easily passable by most vehicles and result in a significant savings to Golden Black Hawk." Surface Sampling Results A total of 285 samples were collected and analyzed, the greatest being 4.27 and 4.77 oz. Per Ton from the Black Hole Dump. All the samples reviewed by Golden Black Hawk had values ranging from less than detection to 4.77 ounces per ton gold. Sampling was done in a representative fashion across the surface. No specific areas were "high-graded" and sample lines were laid out on a regular interval with each sample collected over one meter intervals.
Of the 3 major dumps sampled each associated dump had an overall average of:
- Auld Lang Syne 0.015 Oz Per Ton Gold - Black Hole 0.23 Oz Per Ton Gold - Monroe 0.04 Oz Per Ton Gold
The sampling on the Black Hole and Monroe dumps had areas on the dumps with numerous values higher than 0.2 oz. per ton gold. The Black Hole in particular had 18 out of 87 samples greater than 0.2 oz per ton gold and four samples were greater than 0.8 oz per ton gold (0.83, 1.86, 4.27, and 4.77 opt gold).
Sampling was only surface sampling; results available to management were designed as a cursory examination to determine if the dumps warranted further evaluation. This Phase 1 program was a review of current surface data and did not dig down into the dumps. The results strongly suggest that the grades are significant enough to evaluate the total value of the dumps in more detail and to extend the evaluation to the remaining five dumps. "Based on the 50,000 Ton dump estimate available to us from only three of the eight dumps on the Dun Glen, and the exciting surface results analyzed, we are going to 'dig down' and push forward this Spring on a trenching program and review of our 5 additional dumps," stated CEO Murphy.
About Black Hawk Exploration, Inc.: Black Hawk is a diversified metals and energy exploration company with its current focus on lithium exploration through its wholly owned subsidiary Blue Lithium and Gold discovery through its wholly owned Golden Black Hawk, Dun Glen holdings. Black Hawk is committed to an aggressive program of value added property acquisition, project generation, asset diversity and building Shareholder value.
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TheStockWizards.net: News and Technical Analysis Update for March 5th 2010 Paradigm Medical Industries, Inc. (OTC: PDMI)
http://www.paradigm-medical.com/web/
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Mar 05, 2010 (M2 PRESSWIRE via COMTEX) -- Boca Raton FL, http://www.TheStockWizards.net a Premiere Financial Portal & InvestorRelations Firm that brings a wealth of trading resources to Small Cap Investors, has compiled a list of stocks on the OTCBB, and Pink Sheet Markets that have positive technical indicators and may provide continued trading opportunities for investors.
SALT LAKE CITY, UT, Mar 05, 2010 Paradigm Medical Industries, Inc. (PINKSHEETS: PDMI) announced today that it has been notified by its Italian partner, Costruzione Strumenti Oftalmici (CSO), that all necessary documents have been completed and submitted to the United States Food and Drug Administration (FDA) for the Retimax(TM), also known as the Paramax. Paradigm is the exclusive representative for this significant new product in the U.S. market. "This new innovative device offers the earliest detection of glaucoma currently available and will be an excellent addition to Paradigm's glaucoma diagnostic products," said Stephen Davis, Paradigm's President and Chief Executive Officer.
Technical outlook: PDMI it's coming off very oversold conditions. Today's key level will be the 50 day moving average at .0016. A weekly close above this level could get more traders and investors interested. Support .001 resistance .002 PDMI is up 36% on 76 million shares traded this morning.
Headquartered in Salt Lake City, Utah, Paradigm Medical Industries, Inc. is a medical device company that develops, manufactures and distributes ophthalmic diagnostic instruments and related products for early detection of glaucoma and other eye disorders. The Company's primary objective is to capture a niche market within the glaucoma and ultrasound microscopy fields. Paradigm Medical Industries markets its products to ophthalmologists, optometrists, universities, and clinics throughout the United States and internationally.
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