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OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, October 7th AGMS, ROYL, DCGN, ACTC

Wed. October 08, 2008; Posted: 03:45 AM
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Oct 08, 2008 (M2 PRESSWIRE via COMTEX) -- ROYL | Quote | Chart | News | PowerRating -- Our Stocks to Watch today include Angstrom Microsystems Corp. (OTCBB: AGMS), Royale Energy Inc. (Nasdaq: ROYL), deCODE Genetics Inc. (Nasdaq: DCGN | Quote | Chart | News | PowerRating) and Advanced Cell Technology Inc. (OTC: ACTC).

Visit http://www.otcpicks.com to register for our Daily Market Mover's Digest Newsletter and Email Stock Watch Alerts.

ANGSTROM MICROSYSTEMS CORPORATION (OTCBB: AGMS | Quote | Chart | News | PowerRating) "Up 37.50% in morning trading"

Detailed Quote: www.otcpicks.com/quotes/AGMS.php

Company Profile: http://www.otcpicks.com/angstrom-microsystems/angstrom-microsystems.htm

Angstrom Microsystems is one of the top Green computing companies, providing technology solutions ranging from liquid-cooled blades to acceleration software in order to help reduce the power requirements of datacenters. Its customers include Rhythm & Hues, Fox Films, Tippett Studios and the National Institutes of Health. Angstrom has earned a reputation for quality, service, and engineering innovation in the AMD Opteron processor-based system market. See Angstrom Microsystems in the end credits of Blue Sky Studios' "Ice Age: The Meltdown."

AGMS News:

October 7 - Angstrom Microsystems Sets a New Standard for Power-Efficient, High-Performance Computers

Company Deploys an Innovative New Line of Servers That Use Significantly Less Power Than Competing Solutions From HP and Sun

Angstrom Microsystems Corp. (OTCBB: AGMS), a market leader in "green computing" solutions, announced the launch of its CoolAir product line, a 21st-Century family of solutions that has raised the bar for an industry notorious for its massive power consumption. Angstrom CoolAir computers have the same or greater performance, but use significantly less power than competing products from IBM, Hewlett-Packard and Sun Microsystems.

With up to 20% more energy efficiency than its competitors, Angstrom's CoolAir servers provide much needed energy and air-conditioning relief for facilities that house large amounts of computers, called "data centers." Like the name suggests, data centers hold the enormous amount of information needed by many of today's companies to conduct normal business activities. And while these businesses grow, the need for more power grows as well, since the machines need to be cooled to function properly. Of course, while technology has greatly enhanced business efficiency around the globe, there is rapidly growing concern that the power needed to generate this new paradigm is one of the major contributors to global warming, which is generated by greenhouse gases.

The U.S., unfortunately, is one of the worst offenders. As the only developed country not to ratify the Kyoto Protocol, a global treaty to reduce greenhouse gases, the U.S. has a worldwide reputation as a mass consumer of electricity that is not doing enough to reduce global warming. Many believe the next president will begin to change that because things are only getting worse. Data centers have grown in size, power and cooling needs as the demand for computing has increased. The Environmental Protection Agency reports that data centers have become a major user of power, soon generating 3% of all power consumed in the United States.

Targeting a specific niche, Angstrom markets to data centers that are severely limited in their growth due to power limitations. Often, over 50% of the power used is wasted on air-conditioning and transforming power coming from the street into something that a computer can use. This inefficiency is costing millions of dollars, contributing to global warming, and from a business perspective, slowing the necessary growth of these facilities.

Angstrom solves this problem. Through over eight years of research and development, Angstrom's energy efficient, high-end blade servers, workstations and software solutions have been designed to provide maximum performance and power efficiency, thereby reducing costs for clients and helping the environment as a whole.

"Many people don't realize that with respect to the automotive industry, there have been alternative power sources for vehicles since the time cars were invented," said Lalit Jain, CEO of Angstrom Microsystems. "But the sources were not efficient enough and demand from consumers was not strong enough to warrant the auto makers to mass produce cars that do not run solely on gasoline. Today is completely different. Just as the Toyota Prius and other hybrid vehicles have provided breakthrough gasoline savings, our CoolAir computers offer the next generation of energy efficient solutions that sip electricity -- not guzzle it down.

"Our customers have independently verified our CoolAir performance-per-watt superiority while seamlessly integrating it into our existing racks (a collection of Angstrom servers) without any modifications, thereby solving the dilemma of growth. The reduced consumption of energy by CoolAir extends the use of most existing data centers that have an air-conditioning and electricity ceiling, thus saving millions of dollars in build-out costs. We are very pleased to provide such a ground-breaking solution to a global problem."

ROYALE ENERGY INCORPORATED (NASDAQ: ROYL | Quote | Chart | News | PowerRating) "Up 19.55% in morning trading"

Detailed Quote: www.otcpicks.com/quotes/ROYL.php

Headquartered in San Diego, Royale Energy, Inc. is an independent energy company. The company is focused on development, acquisition, exploration, and production of natural gas and oil in California, Texas and the Rocky Mountains. It has been a leading independent producer of oil and natural gas for over 20 years. The company's strength is continually reaffirmed by investors who participate in funding over 50% of the company's new projects.

ROYL News:

October 7 - Royale Energy Makes New Discovery

First Deeper Natural Gas Well in Starkey Sands

Royale Energy, Inc. (Nasdaq: ROYL | Quote | Chart | News | PowerRating) announced it has discovered natural gas in its Andrus Island East well in the Sacramento Basin of California which was drilled as part of its 2008-A drilling project. The well was drilled to 7,000 ft. and logged pay in two natural gas filled sands in the Nortinville formation at 3,350 ft. and 3,800 ft. The deeper Starkey Channel was penetrated at 6,500 ft. and encountered 26 ft. of high porosity and permeable natural gas filled sands.

"The Company had drilled four commercially productive wells to the shallower Nortinville formations on Andrus Island, noted Donald Hosmer Royale Energy CEO. "This was the first attempt to drill to the deeper Starkey objective. The deeper objective in the well was higher risk but because of the potential upside the Company felt the risk was justified."

After completing and testing the Starkey sand in the Andrus Island East well, it was flowing over 1,000,000 cubic ft. of natural gas per day on a 12/64 choke with strong casing and tubing pressure. The two shallower Nortinville formations remain behind pipe for future completions.

"Additional Starkey wells may also be drilled to increase reserves in the future," stated Donald Hosmer.

DECODE GENETICS INCORPORATED (NASDAQ: DCGN | Quote | Chart | News | PowerRating) "Up 28.57% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/DCGN.php

deCODE is a biopharmaceutical company applying its discoveries in human genetics to the development of diagnostics and drugs for common diseases. deCODE is a global leader in gene discovery - our population approach and resources have enabled us to isolate key genes contributing to major public health challenges from cardiovascular disease to cancer, genes that are providing us with drug targets rooted in the basic biology of disease. Through its CLIA-registered laboratory, deCODE is offering a growing range of DNA-based tests for gauging risk and empowering prevention of common diseases, including deCODE T2 for type 2 diabetes; deCODE AF for atrial fibrillation and stroke; deCODE MI for heart attack; deCODE ProCa for prostate cancer; deCODE Glaucoma for a major type of glaucoma. deCODE is delivering on the promise of the new genetics.

DCGN News:

October 6 - deCODE Receives Nasdaq Deficiency Notice Relating to Market Value

deCODE Genetics Inc. (Nasdaq: DCGN | Quote | Chart | News | PowerRating) announced that on September 30, 2008 it received a notice from the Nasdaq Stock Market stating that for 10 consecutive trading days the market value of deCODE's common stock had been below $50 million, the minimum level required for continued listing on The Nasdaq Global Market as set forth in Nasdaq Marketplace Rule 4450(b)(1)(A). The notice further stated that deCODE also does not comply with an alternative test set forth in Nasdaq Marketplace Rule 4450(b)(1)(B), which requires total assets and total revenue of $50 million each for the most recently completed fiscal year or two of the last three most recently completed fiscal years.

In accordance with Nasdaq Marketplace Rule 4450(e)(4), deCODE will be provided a period of 30 calendar days, or until October 30, 2008, to regain compliance. If at any time before October 30, 2008, the market value of deCODE's common stock is $50 million or more for a minimum of 10 consecutive business days, the Nasdaq staff will determine if deCODE complies with Marketplace Rule 4450(b)(1)(A).

If deCODE has not regained compliance by October 30, 2008, the Nasdaq staff will issue a letter notifying deCODE that its common stock will be delisted from The Nasdaq Global Market. At that time, deCODE may appeal the determination to a Nasdaq Listing Qualifications Panel. If deCODE cannot meet the requirements for continued listing on The Nasdaq Global Market, it will consider whether to apply to transfer its common stock to The Nasdaq Capital Market.

ADVANCED CELL TECHNOLOGY INCORPORATED (OTC: ACTC | Quote | Chart | News | PowerRating) "Up 36.17% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/ACTC.php

Advanced Cell Technology, Inc. is a biotechnology company applying cellular technology in the emerging field of regenerative medicine.

ACTC News:

October 7 - Advanced Cell Technology, Inc. Receives $500,000 Funding Commitment

Advanced Cell Technology, Inc. (OTC: ACTC | Quote | Chart | News | PowerRating) announced that it has entered into a definitive agreement with Transition Holdings Ltd, an Irish institutional investor, under which it will sell $500,000 of one-year 7% convertible debentures over the next 90 days. The Company will use the proceeds for working capital, general corporate purposes and to continue the development of its most advanced clinical programs. The Company continues to seek partners to jointly develop its pre-clinical and certain clinical programs in heart failure, retinal disease and the production of red blood cells.

"We are pleased that in a time of unprecedented volatility in the capital markets that Transition Holdings has recognized the potential of our platform technologies as reflected through this commitment," said William M. Caldwell IV, Chairman and CEO of Advanced Cell Technology, Inc. "We will continue to focus on developing and partnering promising clinical programs while carefully managing expenses."

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For full details for ACTC click here.

    


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