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September 15, 2008- AmeriResource Technologies, Inc. (OTC BB:ARIO.OB ) announced that its subsidiary, RoboServer Systems Corp. (Other OTC:RBSY.PK), has been contracted by the City of St. Louis, City Treasure's Office, Department of Parking, for the processing of payment collection through a RoboServer Easy Pay kiosk.
Delmar Janovec, President of AmeriResource comments, "As RoboServer previously announced on August 6, 2008 and September 11, 2008, the Company has created a new product line and revenue center, RoboServer Easy Pay, for the processing of payment collection through a kiosk application. The contract is with the City of St. Louis, City Treasurer's Office, Department of Parking and is for the purchase, installation, and maintenance of RoboServer Easy Pay kiosks for the payment processing of parking tickets. This newly created "Program" with the City of St. Louis, City Treasurer's Office, Department of Parking, has been in place since April 1, 2008 with the 1st kiosk installation on July 1, 2008.
The RoboServer Easy Pay offers a portfolio of customized integrated software applications for the processing of payments for parking tickets with a complete and satisfactory transaction for the citizen while reducing costs and increasing productivity for the City of St. Louis, City Treasurer's Office, Department of Parking. We look forward to continuing and expanding the Program with Steve Baker, Department of Parking, City Treasurer's Office, on this unique Program."
Steve Baker, City Treasurer's Office, Department of Parking, comments, "We have found the RoboServer Easy Pay kiosk application to be very easy to operate and will provide the citizens of St. Louis with another option in paying their outstanding parking tickets. Based upon the last 60 days of operation we have found the RoboServer application to be a quality product for payment processing, and virtually trouble free. On-going plans for expanding the Parking Ticket-Easy Pay Kiosks are being considered in libraries, public parking facilities, and other facilities managed by the City Treasurers Office, Department of Parking. We enjoy working with Jack Holmbeck, Director of Sales and Product Development for RoboServer and his team." (See previously released PR by the City of St. Louis, City Treasure's Office on September 4, 2008, http://www.mayorslay.com/news/display.asp?prID=937
September 15, 2008- eSignal, a division of Interactive Data Corporation (NYSE: IDC | Quote | Chart | News | PowerRating) and a leading provider of streaming, real-time financial market data, news, analytics and decision-support tools for professional and individual traders, today announced that eSignal's portal sites, Quote.com and RagingBull.com, now offer NYSE Euronext and NASDAQ-listed stocks' real-time last sale and quote market data from BATS Trading (BATS), the third-largest U.S. equity market.
Data feeds supplied by other market centers typically include only last sale information, and they often carry a significant price tag as well. The BATS data feed is provided free of charge to everyone visiting the Quote.com and RagingBull.com sites, and the information provided by BATS includes not only last sale, but soon will also include full depth of book data. These additional real-time elements are vital to providing visitors to financial web sites a more complete picture of the true reference price for securities.
BATS recently received approval from the US Securities and Exchange Commission to become a registered national securities exchange and currently accounts for more than 10 percent of the total matched volume traded in the U.S. eSignal will also display the full BATS order book, as well as BATS' European Markets division when its trading platform goes live this fall.
September 15, 2008- Comtex News Network, Inc. (OTC Bulletin Board: CMTX), a leading provider of economically useful electronic real-time news, content and proprietary market products, today announced the introduction of a new version of Comtex's complimentary daily market newsletter, the Comtex SmarTrend Morning Call.
Investors can have easy access to market insight available exclusively from Comtex -- the SmarTrend Morning Call is now presented in three new sections: Technical Indicators, Market Summary, and Corporate Corner. Also included are stock charts containing proprietary indicators and the latest SmarTrend UPTRENDS and DOWNTRENDS issued on all stocks cited in the newsletter. Free subscriptions to SmarTrend Morning Call are available at www.mysmartrend.com/signup.html.
"The new SmarTrend Morning Call provides quick, easy access to unique, innovative stock research," said Chip Brian, President and CEO of Comtex -- and editor of the daily morning newsletter. "SmarTrend Morning Call -- and our flagship product, SmarTrend Alert -- deliver instant help to investors who wish to achieve superior investment performance in volatile markets."
September 15, 2008- Novell, Inc. (Nasdaq: NOVL | Quote | Chart | News | PowerRating) today announced broad support for the VMware* Ready Program and for VMware Studio, with SUSE Linux Enterprise now verified as VMware Ready and as a fully supported guest operating system. In addition, Novell announced that it has entered into a redistribution agreement with VMware that will allow independent software vendors (ISVs) to download, configure, and distribute evaluation versions of SUSE Linux Enterprise through the VMware Virtual Appliance Marketplace. Together, the announcements ensure that customers who build virtual appliances with VMware Studio and SUSE Linux Enterprise will be able to take full advantage of the VMware platform and achieve simplified deployment, easier management, and stronger security.
Virtual appliances are pre-built software, comprised of Just enough Operating System (JeOS) and applications in a pre-configured package, designed to run in a virtual machine. They are updated, maintained and managed as a unit. Customers can easily install and deploy these pre-integrated solution stacks. SUSE Linux Enterprise and VMware Studio provide customers with a virtual appliance solution that is fully tested and is optimized, reliable, and ready-to-run in a virtual environment. Novell is making it easier for ISVs to quickly build evaluation and full-version appliances, with free tools to build and test appliances, flexible pricing and licensing models, and award-winning technical support.
Market Wrap for September 15, 2008-
Monday marked an extremely ugly session on Wall Street, with the S&P 500 falling 4.7% -- marking the largest one-day percent drop since the first session following the attacks on September 11, 2001.
Losses were driven by severe turmoil in the financial sector -- Lehman Brothers (LEH 0.21, -3.44) filed for bankruptcy, Merrill Lynch (MER 17.06, +0.01) sold itself to Bank of America (BAC 26.55, -7.19) and AIG (AIG 54.76, -7.38) is looking for a massive amount of cash in an attempt to stave off failure.
The S&P 500 closed at its lowest level since 2005 and is now down 18.8% year-to-date and down 24.3% from its October 2007 all-time high.
The financial sector (-10.4%) took the brunt of the selling interest, although weakness was broad-based with all ten economic sectors posting a loss. Decliners outpaced advancers by a whopping 81-to-1 ratio on the NYSE. A total of 1.88 billion shares exchanged hands on the NYSE, which would normally be considered heavy volume, but is somewhat light considering the session's developments.
Lehman Brothers filed Chapter 11 bankruptcy protection after no buyers were willing to save the troubled 158-year-old firm due to a lack of a government backstop. None of Lehman's broker-dealer subsidiaries will be included in the bankruptcy and will continue to operate. Lehman listed $613 billion in debt, which is the largest bankruptcy on record according to reports.
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