TuesdayApr 29, 2008 3:22 pm

Beacon Power Corp. (BCON) Awarded Subcontract to Deliver Project Backed by the California Energy Commission

Beacon Power Corp. (NASDAQ: BCON) designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operations. Today the company announced it has been awarded a subcontract to implement a flywheel energy storage system as part of a wind integration R&D project sponsored by the California Energy Commission. Beacon will receive approximately $250,000 to offset R&D expenses, and will use an additional $90,000 of engineering resources for the Tehachapi project for an aggregate of $340,000 for R&D. According to the press release, the foremost goal of the project is to show that advanced control technology,…

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TuesdayApr 29, 2008 3:14 pm

OTCPicks Featured Company: Homeland Integrated Security Systems, Inc. (HISU.PK) Sends Application to U.S. General Services Administration

Homeland Integrated Security Systems, Inc. (OTC: HISU) filed an application on April 24, 2008 to have their products added to the U.S. General Services Administration (GSA) schedule. The application will be reviewed and usually takes between four to six weeks for a notification of approval. The company has been working diligently with a business development specialist at the North Carolina Military Business Center in order to complete the application properly. At the closing of Monday's trading, Homeland Integrated Security Systems, Inc. was up 68.18%. GSA uses a centralized delivery system of products and services to the federal government. Managing over…

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TuesdayApr 29, 2008 3:10 pm

Key Tronic Corp. (KTCC) Reports Third Quarter Earnings of 11 Cents per Diluted Share

Key Tronic Corp. (KTCC), a provider of electronic manufacturing services (EMS) to original equipment manufacturers (OEMs), reported solid third quarter earnings after the closing bell today. KTCC earned $1.2 million or 11 cents per diluted share, an increase of 57% year over year, on $51.5 million in revenues, a 9% increase over last year’s sales. The results exceed guidance previously issued by the company of 5-8 cents EPS on $49 - $51 million in sales. Additionally, the company offered guidance for the fourth quarter, predicting $50-$54 million in sales and 10-15 cents per share in earnings. President and Chief Executive…

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TuesdayApr 29, 2008 11:28 am

Silicon Image, Inc. (SIMG) On-Board for Open Standards for Mobile Devices; Stock Price Spikes

Silicon Image, Inc. (SIMG) announced today that it is committed to creating an open standard for next-generation memory interface technology targeting mobile devices. The Sunnyvale, Calif.-based provider of semiconductor intellectual property solutions is part of an open-standard group that includes Sony Ericsson Mobile Communications AB, Hynix Semiconductor, Inc., LG Electronics, and ARM. The companies are collaborating to create a standard for dynamic random access memory (DRAM), named Serial Port Memory Technology (SPMT(TM)), which will enable extended battery life, bandwidth flexibility, significantly reduced pin count, lower power demand and multiple ports by using a serial interface instead of the parallel interface…

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TuesdayApr 29, 2008 10:59 am

Finisar Corp. (FNSR) Teams with Neterion to Demonstrate the Industry’s First Laserwire

Neterion Inc. develops 10-gigabit Ethernet (10GbE) adapters for server and storage environments, while Finisar Corp. (NASDAQ: FNSR) develops optic solutions for high-speed data networks. Today, the companies announced a demonstration of the first of its kind, a Laserwire 10GbE adapter, based on Neterion’s Xframe E network interface solution. The companies have reserved a booth at the Interop IT Conference and Exposition in Las Vegas from April 27 through May 2. "We are very pleased to partner with Finisar to demonstrate the industry's first Laserwire 10 Gigabit Ethernet adapter," Greg Scherer, vice president of product planning at Neterion stated in the…

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TuesdayApr 29, 2008 10:54 am

MIPSolutions Inc. (MSOL.OB) in the Running for Technology Innovation Award

MIPSolutions Inc. (OTCBB: MSOL) recently announced it has been recognized by the Utah Innovation Awards for 2008. MIPSolutions is one of a handful of companies recognized for technology innovation, specifically under the chemical and material sciences category. "We are honored to be recognized as a technology innovator and we contribute much of our success to our Utah partners and Johns Hopkins University Applied Physics Lab," Glen Southard, CSO of MIPSolutions stated in the press release. "We will continue to develop innovative and cost effective solutions for use in the mining, environmental remediation, potable water and waste water treatment markets utilizing…

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TuesdayApr 29, 2008 10:27 am

Endeavour Silver Corp. (AMEX: EXK)

Endeavour Silver Corp. (AMEX: EXK) is a mining company focused on silver production, reserves and resources. The company is based in Canada and operates in Mexico. Endeavour has two operating mines, Guanacevi in Durango and the Guanajuato Project in Guanajuato State. Guanacevi is a top-five Mexican silver district located in the Sierra Madre gold and silver belt, and has produced more than 450 million oz. of silver. Endeavour chose to mine in Mexico due to the proven silver success. Mexico was the top country in the world to produce silver in 2005 with 103 million oz. Mining in Mexico offers…

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TuesdayApr 29, 2008 10:23 am

Stock Guru Featured Company: Dragon Capital Group Corp. (DRGV.PK)

Dragon Capital Group Corp. (DRGV.PK) focuses on cultivating business opportunities in China. The company works with high-tech companies, offering support in general business consulting, formation of joint ventures, introduction of funding sources, mergers and acquisitions, business valuation, and revenue growth strategies. Dragon identifies underlying technology market trends in China and capitalizes on them through investing, venture capital arrangements, spin-offs, or divestiture. Dragon’s focal point is on the development of wireless 3G-based applications and business solutions. The company has acquired two other businesses that are among the leading providers of mobile Internet applications and business solutions in China. Dragon utilizes their…

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