Dr Stock Pick HOT News & Alerts!

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Wednesday October 28, 2009

DrStockPick.com Stock Report!

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PowerSafe Technology Corporation (PSFT.PK) subsidiary Amplification Technologies Inc. (www.amplificationtechnologies.com) (ATI), is offering higher performance thermoelectrically cooled discrete amplification single photon counting solid state photodetectors. These photodetectors are mounted on a two stage thermoelectric cooler inside a hermetically sealed TO8 package and can be operated down to a temperature of -30oC.

Pratt & Whitney Rocketdyne successfully demonstrated its ability to provide rocket stability using heritage U.S. Air Force Peacekeeper missile system hardware during NASA’s first Ares l-X test flight today from Kennedy Space Center. The Ares l-X successfully rolled 90 degrees to mimic the orientation that the Ares I rocket will use, and is another step forward in Pratt & Whitney Rocketdyne’s cooperative effort with NASA to develop the propulsion system for the next-generation of manned spaceflight. Pratt & Whitney Rocketdyne is a United Technologies Corp. (NYSE: UTX) company.

The Lockheed Martin (NYSE: LMT) F-35 Lightning II team has established three new leadership positions to ensure a successful F-35 Initial Operational Capability (IOC) and introduction into U.S. military fleets. The new program managers, one each for the Air Force, Navy and Marine Corps, will provide a direct link between Lockheed Martin and the individual services.

Stream Global Services, Inc. (NYSE Amex: SGS), a premium business process outsource (BPO) service provider specializing in customer relationship management services for Fortune 1000 companies, today announced that 11,601 of its publicly traded warrants have been exercised for a total exercise price of $69,606. The exercise of our publicly traded warrants triggered certain participation rights held by certain of our shareholders. Ares Management, Ayala Corporation and Providence Equity Partners have participation rights to purchase for $6.00 per share an aggregate number of shares of Stream’s common stock equal to 2.4364 multiplied by the number of shares actually issued upon exercise of the publicly traded warrants. Ayala Corporation, which has the right to purchase the first 1.0 million of these shares, has exercised its participation rights to purchase 28,265 common shares at $6.00 per share. The maximum number of shares of Stream’s common stock issuable pursuant to these participation rights in the event that all common shares underlying the publicly traded warrants are exercised is 50,000,000. After the recent public warrant exercise, Stream has 20,510,017 publicly traded warrants outstanding (NYSE Amex: SGS) to acquire common shares at a cash exercise price of $6.00 per common share that expire on October 17, 2011. In addition, Ares Management, Providence Equity Partners and Ayala Corporation continue to have participation rights to acquire 49,971,735 common shares for $6.00 per common share in cash, at a rate of 2.4364 common shares for each public warrant that is exercised for cash at $6.00 per share, if and when any of the publicly traded warrants are exercised. These participation rights expire when the public warrants expire on October 17, 2011.

Netezza Corporation (NYSE: NZ), the global leader in data warehouse and analytic appliances, together with AOL Advertising, will present a workshop titled “AOL Advertising on Price/Volume Analytics for Advanced Bid Optimization and Inventory Management.” The workshop will occur at ad:tech, one of the most respected conferences in the digital marketing industry for media, marketing and technology professionals.

OfficeMax® (NYSE: OMX), a leading provider of office supplies and services, today announced that it as been named the 2009 Supplier of the Year by the North American Steel Alliance (N.A.S.A.) for outstanding customer service and support. OfficeMax was chosen out of 50 suppliers that support N.A.S.A.

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