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PennyPerformers.com: "Penny Stocks that Perform" picks are: BRGP, IDPI, LPIH, QSGI, UOMO

Wed. December 10, 2008; Posted: 11:40 AM
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Dec 10, 2008 (M2 PRESSWIRE via COMTEX) -- UOMO | Quote | Chart | News | PowerRating -- Pennyperformers.com "Penny Stocks that Perform" picks are: BearingPoint, Inc. (OTCBB: BRGP), IdentiPHI, Inc. (OTCBB: IDPI), Longwei Petroleum Investment Holding Ltd. (OTCBB: LPIH), QSGI Inc. (OTCBB: QSGI), UOMO Media Inc. (OTCBB: UOMO)...and Proudly Introducing Proprietary Push Technology (PPT).

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Dec 10, 2008 -- BearingPoint, Inc. (OTCBB: BRGP), one of the world's largest management and technology consulting firms, in cooperation with SAP Japan Co., Ltd., announced that it has completed the pilot of a secure global trade system, based on the SAP(R) GRC Global Trade Services application, for Japan's Sysmex Corporation, a leading manufacturer and distributor of clinical testing equipment and diagnostic products.

The global trade system - implemented at Sysmex's subsidiary in Singapore - is designed to address the trade and security control challenges resulting from the company's rapid globalization and decentralized operations. Now, Sysmex will be able to standardize business processes and systems; streamline management of complex, global trade security measures; and improve control and monitoring of compliance across its operations worldwide.

Sysmex can also more accurately monitor legal compliance at its Singaporean subsidiary and swiftly implement any necessary measures for risk aversion. Further, SAP GRC Global Trade Services helps build clarity and transparency into business processes between the head office and overseas subsidiaries, effectively streamlining security trade control work on a global scale and enhancing overall risk management.

BearingPoint was hired as the consulting partner for the project based on its familiarity with the life sciences industry and security trade-control systems, global presence and experience deploying systems based on SAP GRC Global Trade Services.

About BearingPoint, Inc.

BearingPoint, Inc. is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in more than 60 countries worldwide. Based in McLean, Va., the firm has approximately 16,000 employees focusing on the Public Services, Commercial Services and Financial Services industries. BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. Our service offerings are designed to help our clients generate revenue, increase cost-effectiveness, manage regulatory compliance, integrate information and transition to "next-generation" technology.

Dec 10, 2008 -- IdentiPHI, Inc. (OTCBB: IDPI), an innovative leader in advanced authentication solutions for the enterprise, today announced significantly expanded functionality for its flagship advanced authentication product, SAFsolution(R) 5 Enterprise Edition. The newest 5.4 version broadens the options and capability available to enterprise customers in two critical areas - strong authentication and remote access.

"The new functionality added to SAFsolution significantly raises the bar for advanced multi-factor authentication to enterprise resources," said IdentiPHI CEO Christer Bergman. "Our customers continue to demand products that provide a flexible and robust framework to support multiple authentication methods. The stronger identity verification that multi-factor authentication provides is becoming a key requirement in markets that are deploying a single credential for access to both network resources and physical facilities. Besides ID card efforts in the Federal government, many of our customers are developing requirements that enforce the use of smart cards combined with biometrics for access control. We will continue to add functionality for key customer requirements in order to make enterprise-wide implementation of multi-factor authentication even easier."

SAFsolution 5 Enterprise Edition provides customers with an advanced authentication framework to improve security and convenience for network and application logon. The latest SAFsolution 5.4 release incorporates a number of significant additions to address these needs.

-- Managed framework for multi-factor authentication. SAFsolution provides new flexibility to enforce and manage additional authentication methods. Customers may now set policies requiring users to logon and authenticate using a PKI smart card combined with biometric credentials for stronger identity assurance. Under this scenario, users can be required to authenticate with up to three different factors - smart card (something they have), PIN for the smart card (something they know) and a biometric (something they are). This functionality is critical as more companies deploy identity credentials that can support access to both buildings and networks.

-- Biometric authentication for remote access. Two important additions have been made to SAFsolution to improve identity verification for remote users and access. SAFsolution 5 is the first commercially available enterprise authentication solution that integrates with the Extensible Authentication Protocol (EAP) standard and Windows Server(R) 2008 Network Policy Server (NPS) to enable biometric authentication across a VPN. With this new functionality, SAFsolution can require users to biometrically authenticate to a remote network to establish a secure VPN connection. In addition, IdentiPHI now bundles the SAFremote Authenticator(TM) as a core part of SAFsolution Enterprise Edition. SAFremote enables remote users to authenticate to Citrix published desktops and applications, Windows Terminal Servers and to other Windows client workstations via RDC using any strong authentication methods including SAFsolution's multi-factor methods.

-- Support for new biometric devices. SAFsolution 5 now supports an even greater number of biometric devices, providing improved choice and cost flexibility to companies deploying biometric solutions. Working closely with new and existing biometric technology partners, IdentiPHI continues to add to its extensive list of supported devices and biometric methods.

SAFsolution 5 Enterprise Edition (version 5.4) is now available for existing and new customers.

About IdentiPHI

Headquartered in Austin Texas, IdentiPHI is an innovative technology company offering a comprehensive suite of advanced authentication solutions. Comprised of experienced partners and thought-leaders in the industry, IdentiPHI is setting the standard for what companies are looking for in a security solution. IdentiPHI solutions deliver enhanced identity assurance throughout the enterprise. The company is defining security technology to meet the evolving challenges of today's ever changing fast-paced business needs.

Dec 10, 2008 -- Longwei Petroleum Investment Holding Ltd. (OTCBB: LPIH), a leading distributor of diesel, gasoline, fuel oil, and solvent oil operating in the Shanxi Province in China, today announced it has executed a Purchase and Sale Agreement with Taiyuan Coal Gasification Group Rail Transport Company, pursuant to which Taiyuan has agreed to purchase 30,000 metric tons of finished oil products from Longwei Petroleum to be delivered in 2009. Valued at an estimated US$24.1 million, the order represents one of the largest single contracts in Longwei's industrial customer base.

Mr. Cai Yongjun, chief executive officer of Longwei, commented on the agreement: "We are extremely pleased to announce the execution of this contract, as it serves to expand our revenue channels. We expect the relationship to grow and are excited to work with this significant Rail Transport Company."

According to the "2008-2010 Chinese Oil Product Market Analysis and Investment Consulting Report" published by China Industries Research Reports online, demand for petroleum remains relatively strong in China due to continued economic growth even amid the current world economic climate. China has the largest petroleum consumption growth rate, currently at over 30%. China's petroleum consumption in U.S. dollars was 5.33% of the world consumption in 1997, and it increased to 8.48% of the world consumption in 2006. Professionals of China National Petroleum Corporation predicted that the demand for petroleum in China will be 0.268 billion tons in 2010 and 0.305 billion tons in 2020.

The Shanxi Province is one of the largest energy providers and transport cities in China. Last year, the highway freight volume was ranked fifth in the entire country. Shanxi has 4,692 gas stations, about 4 million cars, and a number of large-scale industrial enterprises and power plants that keep demand for coal, electricity, gas, and oil high.

About Longwei Petroleum Investment Holding Ltd.

Longwei is one of leading diesel, gasoline, fuel oil and solvent oil distributors/wholesalers in Taiyuan City, Shanxi Province, P.R. China. Longwei sells products mainly to large-scale gas stations, coal plants and power supply companies, and on a slighter scale to small, independent gas stations. The Company engages its business through its subsidiary, Longwei Trading, located in Taiyuan City, Shanxi Province. Longwei owns one state-of- the-art fuel storage facility at Taiyuan City, Shanxi Province, P.R. China. The facility includes 14 storage tanks with a total capacity of 50,000 metric tons and has ISO9000 certification.

About Taiyuan Coal Gasification Group Rail Transport Company

Rail Transport Company is responsible for all railway transportation operations, railway sector co-ordination of factories, mined raw materials and products transportation in Shanxi Province which are owned by Taiyuan Coal Gasification Group. The Company services Shanxi Coal Preparation Plant, Shanxi Coking Plant, Dier Coking Plant, Shanxi Gasworks and such companies through Yijing Station, which belongs to North Railway Station. Taiyuan also provides rail transportation in the Gujiao mining area. It services Lu Mine and Ja Mine for train transportation through Chendi Station.

Dec 10, 2008 -- QSGI Inc. (OTCBB: QSGI | Quote | Chart | News | PowerRating) the only provider of a full suite of information technology services to help corporations better manage IT assets and data center maintenance expenses, and ensure best practices for data security and regulatory compliance, today provided an update on recent business activities and reaffirmed its expectation to achieve positive EBITDA and cash flow for the fourth quarter of 2008.

Marc Sherman, chairman and chief executive officer of QSGI, commented, "We are pleased to reaffirm our projections of positive EBITDA and cash flow company-wide for the fourth quarter of 2008, as all divisions are now independently generating positive EBITDA. We achieved strong sales within our Data Security & Compliance division for the first two months of the fourth quarter. At the same time, margins are improving due to our recent alliance with an online catalog retailer. Our Data Center Maintenance and Data Center Hardware divisions have been able to build upon prior business development initiatives to provide maintenance services bundled with enterprise hardware sales at attractive prices, especially during the current market environment. Additionally, CCSI, which we acquired in July 2008, is being successfully integrated and is providing strong cross-selling opportunities while generating positive cash flow. As we continue to grow our recurring revenues, increase margins and now turn the corner to positive cash flow company-wide, we look forward to delivering exceptional value for our shareholders."

About QSGI

QSGI provides a full suite of information technology services to help corporations and governmental agencies better manage hardware assets, reduce maintenance expenses, build best practices for data security and assure regulatory compliance. With a focus on the entire range of IT platforms -- from mainframes, midrange servers and PC, to network infrastructure and enterprise storage hardware, the services offered by QSGI are specifically designed to reduce total cost of ownership for IT assets and maximize the clients' return on their IT investment.

For enterprise class hardware in the data center, QSGI offers hardware maintenance services, hardware environment planning and consultation, refurbished whole systems, parts, features, upgrades and add-ons. Additionally, for desktop IT assets, servers and SAN products, QSGI offers a range of end-of-life services that include: automated asset auditing, Department of Defense (DOD) level data destruction, documentation for regulatory compliance, hardware refurbishment with worldwide remarketing or proper IT asset recycling.

Additionally, through its acquisition of Contemporary Computer Services, Inc. (CCSI), an enterprise class IT services provider with an extensive list of corporate, educational, and government customers, QSGI also performs network design, implementation, and monthly maintenance services on corporations' networking infrastructure as well as 24/7 IT monitoring and diagnostics through its North American Network Operating Center (NOC).

Dec 10, 2008 -- UOMO Media Inc. (OTCBB: UOMO), a multi-channel entertainment company, is proud to announce that Chris Perry and Nicole Hughes produced a cover of "Girls Just Wanna Have Fun" and it recently appeared on an episode of "Privileged," on the CW Network. The song appeared in episode 9, entitled "All about Insecurities."

"Nicole and Chris continue to write songs that marry well with artists and television," said Mr. Camara Alford, CEO and Chairman, UOMO Media Inc. "Our roster of producers and songwriters continue to be leaders in music based content."

The song is featured in the "Privileged" episode that aired on November 11, 2008. "Girls Just Wanna Have Fun" plays in the background when Megan (Joanna Garcia) waits with college friend, Caryn (Sarah Drew) outside a club.

Nicole Hughes and Chris Perry have written songs for a variety of television programs including the theme for the CMT show, starring Tracy Oram, "The Tracy Diaries," Canadian Idol winners such as Brian Melo and the CBC's coverage of the Beijing Olympics. Earlier in the year, Chris Perry and Nicole Hughes signed exclusive publishing agreements with UOMO Media.

"Girls Just Wanna Have Fun" was originally written by Robert Hazard and performed by Cyndi Lauper. The long celebrated and often lip-sync'd hit from 1983 has been covered by over 30 artists.

About UOMO Media Inc.

UOMO Media Inc. is a multi-channel entertainment company that acquires, produces, and manages intellectual media content and digital assets. UOMO integrates existing and well-established revenue streams in recorded music, publishing, and talent management through its four operating divisions: UOMO Digital, UOMO Recorded Music, UOMO Talent Management, and UOMO Publishing. PricewaterhouseCoopers estimates that by 2011, the global media and entertainment industry will be worth US$ 2 trillion.

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