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W2 Energy Inc. OTC (PINKSHEETS: WTWO | Quote | Chart | News | PowerRating) closed at $0.06 Wednesday, trading 36,483 shares.
Company News- July 17, 2008: Better World Energy Purchases Waste-to-Energy Plant From W2 Energy Inc.
W2 Energy Inc. OTC (PINKSHEETS: WTWO | Quote | Chart | News | PowerRating) announced earlier today that Better World Energy of Thailand has issued a purchase order for a waste-to-energy plant that will convert 40 tons of municipal waste into electricity and 70 cetane synthetic diesel. The plant will use W2 Energy's proprietary plasma and gas to liquid technologies.
Better World Energy will pay $7,950,000 to W2 Energy. W2 Energy will build, install and commission the plant. The plant includes a waste handling section, a reactor which turns the municipal solid waste into syngas, a gas-to-liquid section which converts the syngas into synthetic diesel, and a steam turbine which converts the heat produced into electricity.
"This will be the first of many projects we will develop with Better World Energy," says Mike McLaren, CEO of W2 Energy. "Better World Energy and W2 Energy share the same world view. Both companies are committed to creating clean energy without using food as a feedstock." Dullajit Apaivongse, Managing Director of Better World, states, "We are thrilled to have W2 Energy as our joint venture partner. They have brought to market the best small-scale waste-to-energy and gas-to-liquid systems in the world." W2 Energy expects to begin construction of the plant within the next 90 days. The joint venture expects to commission the plant by July of 2009. The plant will produce approximately 100 barrels of synthetic diesel per day and will have a 5 MW steam turbine for electricity production.
W2 Energy and Better World Energy have formed this joint venture to develop renewable and sustainable energy sources which grow the world economy.
About W2 Energy Inc.
W2 Energy is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy's plasma assisted biomass to energy plants utilize state of the art technologies to produce green energy both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
About Better World Energy
Better World Energy works in Thailand and the Far East to help clean the environment and provide energy for the global economy. They build waste-to-energy plants which remediate municipal solid waste, human and animal waste, agricultural waste and commercial and industrial waste, and turn those feedstocks in to electricity, liquid fuels and valuable commodity by-products.
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Immersion Corporation (NASDAQ: IMMR | Quote | Chart | News | PowerRating) closed at $06.82 Wednesday, trading 332,200 shares.
Company News- July 17, 2008: Immersion Schedules Release Date and Earnings Conference Call for Second Quarter 2008 Financial Results
Immersion Corporation (NASDAQ: IMMR), the leading developer and licensor of touch feedback technology, announced earlier today it will announce its second quarter 2008 results on Thursday, July 31, 2008.
A press release will be transmitted to the news media immediately following the close of regular trading on July 31st. The company will also hold a conference call to present the results from 2:00 to 3:00 p.m. Pacific time.
Those wishing to participate should call +1 800.374.2366 approximately five minutes prior to the start of the call and reference confirmation number 29315678. A replay of the call will be available until 8:59 p.m. Pacific time on August 7, 2008 by dialing +1 800.642.1687 and entering confirmation number 29315678.
A webcast of the conference call will be available at www.immersion.com. Please visit Immersion's Web site at least 15 minutes prior to register, download, and install any necessary audio software. A replay of the webcast will also be made available for one year following the call within the investor relations section of Immersion's corporate Web site.
About Immersion (www.immersion.com)
Founded in 1993, Immersion Corporation is the recognized leader in developing, licensing, and marketing digital touch technology and products. Using Immersion's advanced touch feedback technology (http://www.immersion.com/corporate/products/), electronic user interfaces are more compelling, entertaining, and in many applications, safer and more productive. Immersion's technology has helped manufacturers develop innovative and creative solutions for products such as hundreds of video games and leading video console gaming systems, medical training simulators installed around the world, driver controls for automotive manufacturers, and mobile phones, such as those from LG, Nokia, and Samsung. Immersion's patent portfolio includes over 700 issued or pending patents in the U.S. and other countries.
Immersion and the Immersion logo are trademarks of Immersion in the U.S. and other countries.
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Republic Bancorp, Inc. (NASDAQ: RBCAA | Quote | Chart | News | PowerRating) closed at $27.05 Wednesday, trading 174,000 shares.
Company News- July 17, 2008: Republic Bancorp, Inc. Declares Common Stock Dividends
Republic Bancorp, Inc. (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company and Republic Bank, earlier today declared a cash dividend of $0.121 per share of Class A Common Stock and $0.11 per share on Class B Common Stock, payable October 17, 2008 to shareholders of record as of September 19, 2008.
About Republic Bancorp, Inc.
Republic Bancorp, Inc. (Republic) currently has 42 banking centers and is the parent company of: Republic Bank & Trust Company with 35 banking centers in 13 Kentucky communities - Bowling Green, Covington, Crestwood, Elizabethtown, Florence, Fort Wright, Frankfort, Georgetown, Lexington, Louisville, Owensboro, Shelbyville and Shepherdsville and three banking centers in southern Indiana: Floyds Knobs, Jeffersonville and New Albany. Republic Bank has banking centers in Palm Harbor, Port Richey, New Port Richey and Temple Terrace, Florida. Republic Bank & Trust Company operates Tax Refund Solutions, a nationwide tax refund loan and check provider. Republic offers internet banking at www.republicbank.com. Republic has $3.1 billion in assets and $1 billion in trust assets under custody and management. Republic is headquartered in Louisville, Kentucky, and Republic's Class A Common Stock is listed under the symbol RBCAA' on the NASDAQ Global Select Market.
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Jabil Circuit, Inc. (NYSE: JBL | Quote | Chart | News | PowerRating) closed at $15.69 Wednesday, trading 3,265,700 shares.
Company News- July 17, 2008: Jabil Announces Quarterly Dividend
Jabil Circuit, Inc. (NYSE: JBL), a global electronic product solutions company, earlier today announced that its Board of Directors has approved payment of a quarterly dividend to shareholders of record as of August 15, 2008. The dividend of $0.07 per share is payable on September 2, 2008.
The Company intends to continue to pay regular quarterly dividends; however the declaration and payment of future dividends are discretionary and will be subject to determination by the Board of Directors each quarter following its review of the Company's financial performance.
About Jabil.
Jabil is an electronic product solutions company providing comprehensive electronics design, manufacturing and product management services to global electronics and technology companies. Jabil helps bring electronics products to the market faster and more cost effectively by providing complete product supply chain management around the world. With more than 75,000 employees and facilities in 20 countries, Jabil provides comprehensive, individualized-focused solutions to customers in a broad range of industries. Jabil common stock is traded on the New York Stock Exchange under the symbol, "JBL". Further information is available on the company's website: jabil.com.
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ViaSat Inc. (NASDAQ: VSAT | Quote | Chart | News | PowerRating) closed at $22.37 Wednesday, trading 315,400 shares.
Company News- July 17, 2008: ViaSat Receives $ 9.8 Million Order for MIDS JTRS Production Transition Terminals
ViaSat Inc. (NASDAQ: VSAT | Quote | Chart | News | PowerRating) announced earlier today it has been awarded a $9.8 million order for Multifunctional Information Distribution System Joint Tactical Radio System (MIDS JTRS) Production Transition Terminals (PTTs). MIDS JTRS is designed to enable the warfighter to use multiple JTRS approved waveforms, such as the Wideband Networking Waveform (WNW), and to increase channel information throughput and security.
With the Department of Defense advocating the software-defined radio approach of JTRS, the Navy has awarded contracts to engineer and qualify JTRS compliance into the next generation MIDS. ViaSat is one of two U.S. government-qualified developers of the MIDS JTRS - or MIDS-J - terminal, which is designed to be plug-and-play interchangeable for U.S. Navy and U.S. Air Force platforms that use MIDS Low Volume Terminals (LVT) to retain the investment in MIDS LVT. This award is a follow-on to the initial PTT order received in June 2007 from the Navy's Space and Naval Warfare Systems Command (SPAWAR), San Diego.
The terminal is designed to operate using new communication protocols and perform new applications that will more easily integrate into many host platforms. MIDS-J uses Link 16 and TACAN functions as well as three 2 MHz to 2 GHz programmable channels. MIDS-J provides improvements such as Link 16 enhanced throughput, Link 16 frequency re-mapping, and programmable crypto. This PTT order is for terminals with the three channel 2 MHz -2GHz capability as well as terminals with Link 16 and TACAN functionality only.
About ViaSat (www.viasat.com)
ViaSat produces innovative satellite and other communication products that enable fast, secure, and efficient communications to any location. The Company provides networking products and managed network services for enterprise IP applications; is a key supplier of network-centric military communications and encryption technologies to the U.S. government; and is the primary technology partner for gateway and customer-premises equipment for consumer and mobile satellite broadband services. The company's four wholly owned subsidiaries, US Monolithics, Efficient Channel Coding, Enerdyne Technologies, and Intelligent Compression Technologies, design and produce complementary products such as monolithic microwave integrated circuits, DVB-S2 satellite communication components, video data link systems, and data acceleration and compression products. ViaSat has locations in Carlsbad, CA, and Duluth, GA, along with its Comsat Laboratories division in Germantown, MD. Additional field offices are located in Boston, MA, Baltimore, MD, Washington DC, Australia, China, India, Italy, and Spain.
Comsat Labs and Comsat Laboratories are tradenames of ViaSat, Inc. Neither Comsat Labs nor Comsat Laboratories is affiliated with COMSAT Corporation. "Comsat" is a registered trademark of COMSAT Corporation.
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