September 2008 - Page 5 of 61

MondaySep 29, 2008 8:50 am

Aehr Test Systems (AEHR) Comments on First Quarter Financial Performance

Aehr Test Systems (NASD: AEHR), a leading supplier of semiconductor test and burn-in equipment, recently announced its financial results for the first quarter of fiscal 2009, ended August 31, 2008. The company reported net sales of $9.7 million for the first quarter of fiscal 2009, an increase of 27 percent from $7.7 million in the first quarter of fiscal 2008 with net income of $865,000, or $0.10 per diluted share, compared with net income of $779,000, or $0.09 per diluted share, for the same period one-year earlier. Income from operations totaled $1.4 million during the first quarter of fiscal 2009,…

MondaySep 29, 2008 8:22 am

QuoteMedia, Inc. (QMCI.OB) Announces Quotestream II in Beta

Quotestream™, the award winning portfolio management software solution from QuoteMedia, Inc., will soon be available in a new enhanced version. The company now expects to launch its new version, Quotestream II, in just a few weeks. The launch will include an entirely new website, as well as new features. Until the formal launch, users are welcome to try out the beta version of Quotestream II by registering for Quotestream I and clicking on the beta link in the members area. Quotesteam (www.Quotestream.com) is available in two iterations, Quotestream Desktop and Quotestream Wireless, both included in every account. Quotestream Desktop is…

MondaySep 29, 2008 8:17 am

Avatech Solutions, Inc. (AVSO) Continues Profitability Increase

Avtech Solutions, Inc. (AVSO.OB), the Maryland-based, $50-million engineering company specializing in manufacturing, engineering, architecture, building design, and facilities management, today announced their fourth consecutive quarter of profitability on quarterly revenues of $11.5 million. The increase in net income over the same quarter last year was due primarily to a $1.3 million reduction in SG&A costs. The earnings report represents a significant turnaround after a challenging 2006 and 2007 for the company. George Davis, President and Chief Executive Officer of Avatech Solutions, commented, “In fiscal 2008 we returned to profitability with record net income and strengthened our balance sheet, which includes…

MondaySep 29, 2008 7:18 am

Skinny Nutritional Corp. (SKNY.OB) Announces Distribution and Bottling Expansion to the West Coast

Skinny Nutritional Corp. announced today that it has signed a distribution agreement with Prestige Sales, Anaheim, California. Prestige Sales is known as the largest Red Bull Energy drink distributor in Southern California, and has a comprehensive network of over 6,000 retail accounts. This agreement brings the total number of retail accounts offering Skinny Water products to 20,000. “Skinny Water is a real product that health conscious consumers are looking for. Skinny Water not only has zero calories, but every flavor tastes great. We have seen Skinny Water’s success on the East Coast and we are confident that we can do…

MondaySep 29, 2008 7:12 am

Ameriwest Energy Corp. (AWEC.OB) Announces Agreements to Proceed with Drilling

Today, Ameriwest Energy Corp. announced the inking of final, requisite drill-site agreements towards the spud of the Ameriwest Fee #1 well. The company plans to drill to a targeted depth of approx. 7,000 feet over a 10-day to 2-week period. Once a discovery is made, Ameriwest intends to complete the well within seven days of the discovery. Company President Walter Merschat stated, "As predicted, we have been able to move quickly to spud, and I'm looking forward to what we believe will be very positive results in the near future. As mentioned previously, I have been studying this region closely…

MondaySep 29, 2008 6:48 am

America West Resources Inc. (AWSR.OB) Continues to Grow into a Regional Coal Power

As consumers are bombarded with the call for alternative energy, the realization that the world needs to keep the lights on and machines running is often lost. Consumers and businesses need electricity, regardless of the environmental consequences, and are ready to pay for it. The “need” for coal could be debated in the dark, but like it or not coal is the leading raw material that enables the power and lights to stay on. Although variables need to be paid attention to, coal is a fairly safe investment bet for the longer term. All that is needed is the right…

MondaySep 29, 2008 6:45 am

Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) Strikes Again

The Massachusetts-based Brite Strike has struck another blow in the war on danger. Brite Strike, which is in the business of bringing safety to police officers and private citizens, offers an array of safety products that help everyday citizens protect themselves from unlawful attacks. One of the company’s premier products is the “Lightning Strike”, a high-powered flashlight designed to help protect women and college students from attacks. “Lightning Strike” has been a major success, giving Brite Strike national attention and allowing the young company to become a major player in the burgeoning market for personal self-defense systems. These successes have…

MondaySep 29, 2008 6:24 am

RedChip Featured Company: EnterConnect, Inc. (ECNI.OB)

EnterConnect, Inc. (ECNI.OB) is a company focused on delivering customers a reduced cost, accelerated time-to-value, increased productivity portal. EnterConnect assists clients in consolidating intranets, extranets, and internet sites into a single portal platform. This consolidation effort allows clients to recognize an immediate reduction in IT costs, see improved collaboration efforts, maximize business processes with better control of content and assets, and optimize results with a sustainable competitive advantage. Since it was founded in 2006, the San Jose-based company has proven itself to be a pioneer in the Software-as-a-Service (SaaS) marketplace. Through the EnterConnect platform, partners, employees, and customers are able…

MondaySep 29, 2008 6:20 am

Red Chip Featured Company: Golden West Brewing Company, Inc. (GWBC.OB)

Golden West Brewing Company, Inc. (GWBC.OB) is a company that specializes in the production and distribution of certified organic craft beers. Under its subsidiary, Butte Creek Brewing Company, Golden operates a regional craft brewery in Chico, California. Through a network of wholesale distributors, Golden West distributes its line of products to liquor stores, taverns and bars, restaurants, convenience stores, warehouse stores, and supermarkets. Mark Simpson was appointed president of Golden West in late 2007. With 20 years of experience in brewing and winemaking, Simpson’s extensive background includes experience with product development, supply chain and purchasing, public relations, quality assurance, and…

MondaySep 29, 2008 5:37 am

FreightCar America Inc. (RAIL): Helping Enterprises Ride the Rails

Trading on the NASDAQ, FreightCar America manufactures railroad freight cars with a specific expertise in coal-carrying rail cars. The company has corporate headquarters in Chicago, Illinois, and is the largest North American manufacturer of aluminum cars for moving coal. FreightCar America also has manufacturing facilities in Danville, Illinois, and Roanoke, Virginia. Along with aluminum rail cars, the company manufactures steel and stainless steel coal cars. Their aluminum BethGon® II rail car is a 42,000-pound lightweight, which enables it to carry a 244,000-pound payload. This rail car has a patented longitudinal, double tub floor design, which carries an extra 36,000 pounds…

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Month: September 2008