MondayNov 15, 2010 10:34 am

Stock Guru Featured Company: AtheroNova Inc. (AHRO.OB)

AtheroNova, Inc. is a development stage biotech company focused on discovering, researching, developing and licensing novel compounds designed to reduce or eliminate atherosclerotic plaque deposits. By reducing or eliminating atherosclerotic plaque deposits, the company would address the most lucrative segments of the multi-billion dollar prescription drug market: cardiology and stroke prevention. Existing classes of atherosclerotic drugs, including statins, have demonstrated tremendous market success, rapidly achieving blockbuster status and billions of dollars in sales. However, statins, including the biggest blockbuster of all time, Lipitor, do not effectively reduce plaque. The enormous market success of statins is due to the fact that…

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MondayNov 15, 2010 10:26 am

Voltaire Ltd. (VOLT) Announces Plans for High Throughput FDR InfiniBand Switching Platforms

Voltaire Ltd, a specialist in HPC (high performance computing) and a leading provider of highly scalable data center fabrics (network grid architectures), today announced plans to deliver FDR (fourteen data rate) InfiniBand switching platforms that adhere to the IBTA (InfiniBand Trade Association) specifications for next-generation InfiniBand. The new platforms, expected to be available in the second half of 2011, will deliver an 80% increase in server-to-server throughput, as well as improved scalability. The switches will be fully compatible with Voltaire’s unique portfolio of application acceleration and fabric orchestration software. Voltaire switches accelerate more than half of the InfiniBand deployments on…

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MondayNov 15, 2010 9:51 am

Sonic Solutions (SNIC) Announces Integration of RoxioNow Platform into Chipset for HDTVs

Sonic Solutions today announced the integration of the RoxioNow™ platform into HDTV chipsets from leading system-on-chip (SoC) maker Trident Microsystems, Inc. Via RoxioNow capabilities, consumers of Trident-based HDTVs can now enjoy instant access to premium entertainment offerings streamed directly to their sets over the Internet, including new-release movies and popular TV shows. By partnering with Trident, who serves some of the world's best-known television brands, Sonic extends RoxioNow support across the broadest possible range of televisions, set-top boxes, media players, and mobile devices. "Consumers want to combine the quality from their digital TVs with the variety and flexibility they receive…

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MondayNov 15, 2010 9:32 am

Aura Systems, Inc. (AUSI.OB) Announces Major U.S. Army Contract to Develop a 30 kW VIPER Mobile Power Solution

Today, Aura Systems Inc. announced that it received a contract worth approximately $980,000 to develop a 30 kW version of its VIPER mobile power system. The company anticipates making delivery of the unit by the middle of next year. The 30 kW VIPER system will be capable of simultaneously delivering both DC and AC power. Expected to be the same or slightly larger in diameter than the current 8.5 kW machine, the 30 kW VIPER will address the constantly growing need for onboard exportable power on military vehicles. Mr. Melvin Gagerman, Aura's CEO, stated, "Aura is very pleased to undertake…

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MondayNov 15, 2010 9:09 am

Puda Coal, Inc. (PUDA) Reports Financial Results for Third Quarter of 2010

Puda Coal, Inc. reported a strong year over year increase in sales and a solid net profit in the quarter ending September 30, 2010, as the company benefited from higher volumes and better realized prices for sales of metallurgical coal. Puda Coal, Inc. reported sales of $90 million in the third quarter of 2010, compared to sales of $56.1 million in the corresponding quarter of 2009. The company sold 651,000 tons of metallurgical coal during the quarter, compared to 498,000 metric tons in the same quarter of 2009. Puda Coal, Inc. sold its metallurgical coal at an average price of…

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MondayNov 15, 2010 8:51 am

National Automation Services, Inc. (NASV.PK) Directs Focus on National Expansion

After recently completing the time consuming but important process of becoming a fully reporting OTCQB company, National Automation Services is embarking on its nationwide acquisition strategy, with the stated goal of becoming the nation’s premier provider of automation and control systems integration services. The company is already moving forward with expansion into California from their original operations in Nevada and Arizona, and have now opened an office in Temecula, half way between Los Angeles and San Diego. They are actively expanding their customer base in California, including manufacturers and public utilities, but are seeking acquisition opportunities in all areas of…

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MondayNov 15, 2010 8:35 am

IDO Security, Inc. (IDOI.OB) Announces Delivery of First MagShoe(TM) Order to the National Prison of Andorra

IDO Security, Inc., developer of the innovative MagShoe™ shoe scanning device, announced that it has supplied the first MagShoe™ order to the National Prison of Andorra through its agent in Spain and Portugal, Proselec Seguridad, S.A.U (www.proselec.com). In addition, the company announced another MagShoe™ order out of Spain for installation at the Corvera Castellon Airport. There are more than 100 correctional facilities in Spain and Portugal housing over 63,000 inmates. Each facility has multiple security checkpoint locations within the buildings. "We believe this is the first of many expected installations of the new MagShoe™ 3G model in the national prisons…

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FridayNov 12, 2010 3:01 pm

All American Group, Inc. (COHM.PK) Details Rising Revenue and Operating Results

All American Group, www.allamericangroupinc.com – the premier system-built homes and large scale residential construction company, which also manufactures ADA-accessible buses via a joint venture, today reported year-to-date (YTD) and Q3 2010 (ending Sept. 30) results. President and CEO of COHM, Rick Lavers, cited a 48% reduction in operationally-used net cash from the previous year and the circumspect stewardship of funds in the Company’s various escrow accounts as highlights of COHM’s success. Here's a look at the major data points in summary form: • Net cash used in operations was down 91% to $7.5M YTD compared to 2009, down 123% to…

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FridayNov 12, 2010 2:55 pm

Friedman Industries, Inc. (FRD) Reports Results for Third Quarter of 2010

Friedman Industries, Inc. reported a large increase in revenues and net income in the quarter ending September 30, 2010. The company attributed the strong results to higher volume and selling prices relative to the same quarter last year. Friedman Industries, Inc. reported net income of $1.78 million, or $0.26 per diluted share, in the second quarter of fiscal 2011. The company reported a loss of $0.21 million, or ($0.03) per diluted share, in the corresponding quarter in fiscal 2010. Friedman Industries, Inc. reported revenues of $29.3 million in the second quarter of fiscal 2011, up markedly from the $16.1 million…

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