DrStockPick.com Stock Report!

Tuesday August 4, 2009

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Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA) today announced that the company will deliver a presentation at the 11th Annual Pacific Crest Technology Leadership Forum in Vail, Colorado on Tuesday, August 11, 2009 at 9:30 am mountain time.

Allied Motion Technologies Inc. (NASDAQ: AMOT) today announced it had a net loss for the quarter ended June 30, 2009 of $12,115,000 or $1.60 per diluted share compared to net income of $1,001,000 or $.13 per diluted share for the quarter ended June 30, 2008, a quarter in which the Company achieved record sales and profits. The loss includes a pretax asset impairment charge of $15,986,000 ($11,105,000

One stock that has been making noise on the NASDAQ is Allied Motion Technologies Inc. The Colorado based Company is a designer, manufacturer and seller of motor, servo motion and optical encoder products.

Allied is organized into five subsidiaries and a worldwide customer base. Allied products are manufactured at its operating facilities in the U.S. (located in California, Michigan, New York and Oklahoma). The Company also has a global aspect as it has facilities in China and Eastern Europe. Allied sells their products primarily to commercial motor, industrial motion control, and aerospace and defense markets.

Allied is run by their Director, Delwin D. Hock. Hock has served as the Company’s Director since February of 1997 and was named Chairman of the Board of Directors in May of 2005. Prior to directing Allied, Hock served as the CEO of the Public Service Company in Colorado and had worked

Allied Motion Technologies (AMOT) is a maker of motion control products such as brushless and brush direct-current (DC) motors, drives, and control electronics. Customers of Allied Motion Technologies include companies from the semiconductor manufacturing, industrial automation, medical equipment, and military and aerospace markets. The company also manufactures optical encoders used to measure rotational and linear movements of parts in diverse applications, such as printers, sorting machinery, machine tools, robots, medical equipment and tunable lasers.

Allied Motion Technologies also makes spectrum analyzers for use in the aerospace and defense, industrial, computer peripheral manufacturing, medical and telecommunications markets. The Colorado-based company distributes its products through its sales force, independent sales representatives, agents, and distributors primarily in the United States, Canada, and Europe. The company has manufacturing facilities in California, Michigan, New York, Oklahoma, Eastern Europe and China.

Competitors to Allied Motion include Axsys Technologies Inc., Dynamics Research Corp. and privately held Custom Sensors &