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EMTA HOLDINGS INCORPORATED (OTCBB: EMHD | Quote | Chart | News | PowerRating) "Up 53.85% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/EMTA.php
EMTA Holdings, Inc., through its subsidiaries, engages in the research, development, manufacture, and distribution of gasoline, oil, and diesel additives for engines and other transportation-related fluids and industrial lubricants. The company's products are designed to extend engine life, promote fuel efficiency, and reduce emissions. Its products include XenTx Extreme Engine Treatment, a synthetic metal conditioner that prevents the build up of engine metal particles in the walls of the engine; and Clean Boost, a fuel oil additive that improves fuel and combustion efficiency by liberating the fuel's chemical energy. The company also manufactures and sells automotive, industrial, and racing performance oils and lubricants under the name Synergyn Racing or Synergyn Performance. In addition, EMTA offers XenTx Extreme Lubricating Spray, a multipurpose spray lubricant; XenTx Extreme Transmission Treatment, a friction reducing automatic transmission fluid; and XenTx Extreme Fuel System Treatment, a gasoline system cleaner. The company sells its products through retailers, auto parts suppliers, and Internet, as well as through direct sales representatives. It serves transportation, industrial, and consumer markets in the United States, Canada, and Mexico. The company was incorporated in 2002 and is based in Scottsdale, Arizona.
EMTA News:
July 16 - EMTA Holdings, Inc. Filed FY 2008 10-K Annual Report
Company Reports 162.9% Increase in Net Sales Compared to FY 2007
EMTA Holdings, Inc. (OTCBB: EMHD), maker of XenTx(TM), Synergyn(TM) and other engine treatment and fuel efficiency products, reported that they had filed the Company's FY 2008 10-K Annual Report. The report detailed an overall positive year in both operations and sales. Net Sales increased from $1,053,767 in 2007 to $2,769,949 in 2008 or an increase of $1,716.182 or 162.9%. This increase was due to improved XenTx sales to the commercial/industrial market and an increase in Dyson sales. The Company reduced its emphasis on retail sales and focused on the commercial/industrial market, particularly long haul trucking fleets and large earth moving equipment companies. The Gross Margin decreased by 6.8% which was due to increased petroleum based raw material costs used by the Synergyn product mix.
The Company continued to reduce costs which resulted in both a reduction in SG&A expenses of $234,583 and R&D expenses of $186,247. These reductions provided that more funds could be directed primarily into raw material purchases as a result of increased sales demand.
Net loss for 2008 was $2,450,084 as compared to $17,056,043 from the previous year.
The results of this strategy is one of the reasons that the Company was able to achieve first quarter revenues for this fiscal year of $1,842,000 and net income of approximately $500,000 as was previously reported. Projected revenues for the current quarter are between $2.4 million and $2.8 million with a net income of between $648,000 and $756,000.
EMTA Holdings, Inc. CEO Edmond L. Lonergan stated, "The Fiscal Year that just ended was a challenging year for the Company but it laid the foundation for what should be the continuing success in Fiscal Year 2009."
AXIAL VECTOR ENGINE CORPORATION (OTC: AXVC) "Up 47.37% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/AXVC.php
Axial Vector Energy Corp. is a global solutions provider that owns, develops and licenses revolutionary internal combustion engine and electric power generator technologies that have unlimited potential in military, industrial and commercial applications. AVEC and its partners are positioned to become unrivalled leaders in international engine and energy markets with technologies that produce more efficient, cost-effective, environmentally sensitive and versatile solutions for use in a wide variety of important applications around the world.
AXVC News:
July 16 - Axial Vector Energy Corp. to Be Featured in Small Cap Stock Newsletter QualityStocks Daily
Axial Vector Energy Corp. (OTC: AXVC) announced that they have agreed with QualityStocks to be featured in The Small Cap QualityStocks Daily Newsletter, Daily Internet broadcast with Cathy Rankin, Vanessa Ramirez and Jenn Hoffman and QualityStocks Daily Blogs and Message Boards.
QualityStocks.net, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks.net is dedicated to assisting emerging public companies with their advertising efforts and now has over 600,000+ subscribers that receive The Daily Stock Newsletter via opt in email.
Mr. Ahmed Khalifa, President and CEO of Axial Vector Energy, has the company focused on developing and licensing innovative internal combustion engine and electric power generator technologies for use in automotive, power generation, appliance, and military applications. By employing its patent-pending "axial flux" engine and generator set (GENSET) technologies, the company is able to produce highly efficient, cost-effective, and environmentally sensitive multi-fuel engines and motors that are scalable and adaptable for both mobile and fixed-location settings.
Mr. Khalifa stated, "Electric motors consuming 47% less electricity is our ticket, I think, in easy to understand savings. How many new power plants do you not have to build if you use motors like ours, knowing that one half of all power produced in the United States goes into an electric motor? Axial Vector Energy has a unique and solid business foundation, and appreciates the opportunity to sponsor the Quality Stocks Newsletter, Video and Blogs. QualityStocks is providing a much needed service in the micro-cap and small-cap markets."
Michael McCarthy, Managing Director for QualityStocks.net, commented, "We are very pleased to have Axial Vector Energy as a featured company. The Company is methodically establishing itself as a category leader."
BROWNSTONE RESOURCES INCORPORATED (OTC: BWNR | Quote | Chart | News | PowerRating) "Up 47.37% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/BWNR.php
Brownstone is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold mining properties. Details of Brownstones projects are available on the Company's website at www.brownstoneresources.com.
BWNR News:
July 15 - Brownstone Completes Earn in of 'LS Grande' Gold/Silver/Copper Property, Comments on Approval of 'Phase One' Plan
Brownstone Resources Inc. (OTC: BWNR | Quote | Chart | News | PowerRating) announced that the company has completed their option payments to date as required for the earn in portion of the "LS Grande" gold/silver/copper property, located in NE Arizona.
Additionally, Brownstone has received the "Phase One" development plan for the LS Grande, and is in the process of reviewing the plan for approval. Management anticipates final approval of the plan within the next few days.
"We are really excited about the prospects of the LS Grande property, the potential of the project and the effectiveness of the plan to deliver the results we are after. We have completed some limited ground geophysics, and collected surface samples for assaying... now we are going to proceed with putting a few holes down and, in due course, move forward with the completion of phase one," said Ken Lamb, Brownstone Resources Inc.
Phase One is proposed to include a limited drill program to further test the zone at depth, along with core sampling and assaying, followed by additional prospecting, claim staking, and more surface sampling.
Brownstone will announce a start date for commencement of work once the plan has been approved.
VESTIN REALTY MORTGAGE II INCORPORATED (NASDAQ: VRTB | Quote | Chart | News | PowerRating) "Up 14.85% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/VRTB.php
Vestin Realty Mortgage II, Inc. is a real estate investment trust ("REIT") that invests in commercial real estate loans. As of March 31, 2008, Vestin Realty Mortgage II, Inc. had assets of over $334 million. Vestin Realty Mortgage II, Inc. is managed by Vestin Mortgage, Inc., which is a subsidiary of Vestin Group, Inc., which is engaged in asset management, real estate lending and other financial services through its subsidiaries. Since 1995, Vestin Mortgage Inc. has facilitated more than $2.0 billion in lending transactions.
VRTB News:
July 15 - Vestin Realty Mortgage II, Inc. Announces Payment of Delinquent Loan
Vestin Realty Mortgage II (NASDAQ: VRTB | Quote | Chart | News | PowerRating) announced that it received payment in full on a loan which became delinquent the last week of June 2008 in the principal amount of approximately $22.3 million plus accrued interest.
ZIX CORPORATION (NASDAQ: ZIXI | Quote | Chart | News | PowerRating) "Up 28.95% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/ZIXI.php
ZixCorp is the leading provider of easy-to-use-and-deploy email encryption and e-prescribing services that Connect entities with their customers and partners to Protect and Deliver sensitive information in the healthcare, finance, insurance and government industries. ZixCorp's hosted Email Encryption Service provides an easy and cost-effective way to ensure customer privacy and regulatory compliance for corporate email. Its PocketScript e-prescribing service saves lives and saves money by automating the prescription process between payors, doctors and pharmacies. For more information, visit www.zixcorp.com.
ZIXI News:
July 16 - Zix Corporation Announces Conference Call on July 17 to Discuss Medicare e-Prescribing Requirement
CEO Rick Spurr says ZixCorp uniquely positioned to benefit from e-prescribing portion of new law
Zix Corporation (NASDAQ: ZIXI), the leader in hosted services for email encryption and e-prescribing, announced a conference call to discuss the potential impact on the Company of the e-prescribing requirement contained in the Medicare Improvements for Patients and Providers Act of 2008, which became law on July 15, 2008 when both the House of Representatives and the Senate voted to override President Bush's veto. The conference call will be held on July 17, 2008 at 2:00 p.m. Eastern Time to address the strategic implications for the Company.
"This new e-prescribing requirement for Medicare prescriptions completely changes the landscape in the emerging e-prescribing market. Because Medicare is the largest payor in the country and the vast majority of physicians see Medicare patients, technology adopted for Medicare is expected to spread quickly to the entire healthcare industry and we believe e-prescribing will soon become the standard of care in the U.S.," said Rick Spurr, ZixCorp's chief executive officer. "I believe the e-prescribing requirement in Medicare will be a catalyst that accelerates growth in this industry."
"With this law, Congress has endorsed our approach and validated our persistent, focused pursuit of this market," continued Spurr. "For years, people have looked to electronic medical records ("EMR's") as the panacea for improving the healthcare system, but until recently, ZixCorp has been the lone voice advocating e-prescribing as the best way to introduce clinical information technology across the entire spectrum of physician practices. Once physicians have embraced e-prescribing, they can choose to add additional functionality at their own pace for improved clinical decision making. This is particularly applicable to doctors who practice in offices of 5 or fewer physicians, which represent 75 percent of the highest prescribing physicians in this country, because they tend not to have large capital budgets or IT staffs to provide support. The physicians who work in these smaller practices are largely underserved by the major healthcare technology vendors, so we view this target market of the approximately 100,000 primary care physicians who practice in these smaller groups as being fertile ground for the few standalone e-prescribing vendors, including ZixCorp, of course, who is the leader in this space and only publicly traded e-prescribing vendor."
"The structure of the financial incentives in the law puts ZixCorp in an ideal position to continue its industry leadership," said Spurr. "Increasing Medicare reimbursement levels promotes better adoption and utilization of e-prescribing while implicitly encouraging others to step in to pay for the upfront costs. Our payor-based strategy where insurance companies help to fund these upfront costs including the ability for us to offer a turnkey solution to the physician addresses the primary barriers to the wider spread adoption of e-prescribing. These primary barriers, cost and administrative hassle, were identified by a survey of physicians completed last year by the Gorman Health Group and presented to Congress. Our deep relationships with our payor customers, including Aetna, BCBS Illinois, BCBS Louisiana, BCBS Massachusetts, BCBS North Carolina, Independence Blue Cross, LA Care and United Health Care, have taken years to cultivate, so we are well-positioned to partner with them to address the needs of physicians. Other supposedly free offerings, including the National e-Prescribing Patient Safety Initiative (NEPSI), do not address the administrative hassles, including loading patient identifying information into the system, individual training and support, or configuring a handheld device to enable the mobility that the market demands. To this point, while there are claims that physicians sign up for these competitive offerings, there has been no evidence presented of actual usage of these systems."
"As the leading standalone e-prescribing vendor with documented results of lowering costs and improving patient safety, we believe the passage of this law will be a tremendous boost to our business, both in the near-term for our physician recruiting and retention as well as the long-term development of this market," concluded Spurr. "We have the right strategy, the necessary experience, key relationships, and a great product, all of which are required to succeed in the emerging e-prescribing market, so ZixCorp is particularly well-positioned in this industry." ZixCorp's PocketScript e-prescribing service enables physicians to order prescriptions through a secure wireless mobile PDA or secure Web site and deliver them electronically to the patient's preferred pharmacy. Mobility enables PocketScript to provide clinical decision support at the point-of-care with real-time access to a drug reference guide as well as patient-level eligibility, formulary, and co-pay information to aid the prescriber in selecting the most cost-effective prescription based on the patient's benefits. The application also provides comprehensive drug-to-drug and drug-to-allergy interaction alerts based on patient-specific dispensed drug history. Through our partnership with SureScripts/RxHub, PocketScript delivers end-to-end connectivity within the healthcare system to reduce unnecessary costs, improve patient safety and convenience, and enhance practice efficiency.
ZixCorp Conference Call on July 17, 2008
The conference call to discuss the implications to ZixCorp of the Medicare Improvements for Patients and Providers Act of 2008 will be held at 2:00 p.m. ET on July 17, 2008. A live Webcast of the call will be available on the investor relations portion of ZixCorp's Web site at http://investor.zixcorp.com.
Alternatively, participants can listen to the conference call by dialing 617-614-2705 or toll-free 866-800-8652 and entering access code 28131856. An audio replay of the conference will be available until July 23, by dialing 617-801-6888 or toll-free 888-286-8010, and entering the access code 23242483, and after that date via Webcast on the Company's Web site.
ASYST TECHNOLOGIES INCORPORATED (NASDAQ: ASYT | Quote | Chart | News | PowerRating) "Up 28.64% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/ASYT.php
Asyst Technologies, Inc., together with its subsidiaries, engages in the development, manufacture, sale, and support of integrated hardware and software automation systems primarily for the semiconductor and flat panel display manufacturing industries. It offers fab automation components, which are designed to automate the transfer of wafers and other substrates between manufacturing equipment, and wafer and substrate carriers. The company's fab automation components include automated systems that provide the interface between the fab and manufacturing equipment or loadports; equipment front end modules, which provide integrated and automated front-end for process and metrology equipment; sorters that are used to rearrange wafers between manufacturing processes, experiments, and single wafer processing; SMART-Traveler system, which allows semiconductor manufacturers to reduce manufacturing errors, and to achieve cycle time and equipment utilization improvements; robotic substrate handling solutions that transfer semiconductor wafers and substrates of various diameters, LCD and plasma display substrates, and other substrates between the substrate carrier; and connectivity software for communications between tools and fab host systems built upon SECS/GEM and 300mm standards. It also offers automated material handling systems that principally consist of automated transport and loading systems for semiconductor fabs and flat panel display manufacturers. The company operates in the United States, Japan, Europe, and the Asia/Pacific region. Asyst Technologies was founded in 1984 and is headquartered in Fremont, California.
ASYT News:
July 16 - Asyst Introduces New Strategic Software Platform, Toshiba Semiconductor Is First Commercial User
Asyst Technologies, Inc. (NASDAQ: ASYT), the leader in Agile Automation, announced the commercial availability of its VAO (Visualize Analyze Optimize) Productivity Solution. VAO coordinates data acquisition from, and provides control of, a wide range of factory systems, including Automated Material Handling Systems (AMHS) and process and metrology tools, with the resulting information available in real-time.
The product allows today's large semiconductor manufacturers to handle the complex task of observing today's very large factories, with real-time views of transport status, tool status, and data analysis to help focus on the critical items quickly. When enabled, the Optimization Module applies control functions to key areas of the fab and its operations. The VAO architecture, with its agent-based system, provides a distributable and scalable way to link Asyst solutions with other applications, including customer applications, such as MES, Alarm Management, and Maintenance Tracking. Its web-based architecture enables remote viewing and linkage of multiple fabs supporting today's global business requirements.
The VAO system is in production today at Toshiba Corporation in one of the world's largest fabs, linking data from factory control systems and transport control systems. Its ability to display in real time both tool status and vehicle movement is unique in the industry.
Jim Holliday, Vice President and GM, Asyst Software Solutions, said, "VAO offers customers a way to combine data from multiple systems without duplicating large databases, providing a unified view with the ability to analyze that data and identify opportunities for productivity improvement. We are delighted with the success of our initial installations at Toshiba and look forward to releasing the follow-on VAO modules in the coming months."
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