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QuoteMedia, Inc. Ranked Amongst Fastest Growing Companies in North America on Deloitte’s 2009 Technology Fast 500TM

Stuart Smith (October 20th, 2009) Writes:
Attributes Focus on Product Excellence for 620 Percent Revenue Growth

Oct. 20, 2009 (Business Wire) — QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data, corporate research information and financial applications, announced today that it ranked 219th on Technology Fast 500(TM), Deloitte LLP’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004–2008. QuoteMedia grew 620 percent during this period.

Robert J. Thompson, Chairman of the Board, credits supremely talented employees and a dedication to product leadership which has resulted in a comprehensive suite of outstanding technical products that are offered at very competitive prices for the company’s amazing 5 year revenue growth rate. “We have attracted a technical and support team that is intensely focused on producing ‘best of breed’ product quality

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DrStockPick.com Stock Report! 10/20/09, PWRM, TRS, PRU, TPC, NWS, ARAY

Dr. Stock Pick (October 20th, 2009) Writes:

Dr Stock Pick HOT News & Alerts!

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Power3 Medical Products, Inc. (OTCBB: PWRM), a leader in neurodegenerative disease and cancer biomarkers and diagnostic tests, announces further international recognition of validity as the company’s President and CSO, Dr. Ira Goldknopf, will deliver an invited Keynote address and chair a session on “Biomarkers and Diagnostics in Personalized Medicine (Track 6-4),” at the BIT Life Sciences 2nd International Congress and Expo of Molecular Diagnostics in Beijing, China, November 19-21, 2009. The Theme of the meeting is “New Leadership of

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DrStockPick.com Stock Report! 10/20/09, PSFT, ALTI, XOMA, HRSH, PXLW, OMTR

Dr. Stock Pick (October 20th, 2009) Writes:

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Powersafe Technology Corp.’s (Other OTC: PSFT.PK) Subsidiary Amplification Technologies has patented a revolutionary new solid-state semiconductor technology solution for low-level signal detection: multichannel Discrete Amplification (DA). The patented DA platform technology, invented by company scientists, is a breakthrough in the design of photon detectors, providing these detectors with unique competitive advantages. Use of DA in semiconductor detectors increases their sensitivity markedly, and enables the creation of new detector systems for various applications including medical diagnostics, security systems,

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Deloitte Announces 2009 Technology Fast 500(TM) Rankings (DrStockPick.com Report!)

Dr. Stock Pick (October 20th, 2009) Writes:

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NEW YORK, Oct. 20 /CRWENEWSWIRE/ — Deloitte today released the 2009 Technology Fast 500(TM), an annual ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America based on five-year fiscal revenue growth. ReachLocal, a global provider of localized internet advertising solutions, achieved the coveted top spot on the list with 2008 fiscal year revenue of $146.69 million and a five-year fiscal growth rate of 146,050 percent. The company is privately held and based in Woodland Hills, California.

“Deloitte’s Technology Fast 500(TM) identifies some

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Clean technology venture investment continued recovering in 3Q09 spurred by economic stimulus investment

Dawn Van Zant (October 1st, 2009) Writes:
October 1, 2009 - The Cleantech Group, providers of leading global market research, events and advisory services for the clean technology (cleantech) ecosystem, along with Deloitte, which provides audit, tax, consulting and financial advisory services to cleantech companies, today released preliminary 3Q09 results for clean technology venture investments in North America, Europe, China and India

SmartHeat Inc. (HEAT) Completes Equity Offering

QualityStocks (September 22nd, 2009) Writes:

SmartHeat Inc. successfully raised equity capital through a public offering of its common stock. The company sold 8.33 million shares at a price of $9.00 per share, and received net proceeds of $69.5 million after underwriter commissions and other expenses.

James Jun Wang, the CEO of SmartHeat said, “The completion of this equity financing provides SmartHeat with capital to fund our continued growth as a market leader in China’s clean technology, energy savings industry. We highly value and appreciate the significant institutional interest that SmartHeat has experienced during this offering.”

SmartHeat Inc. reported strong second quarter of 2009 results in August. The company earned net income of $2.6 million, or $0.11 per share, on revenues of $12.5 million. All these results were up sharply from the same quarter of last year.

SmartHeat Inc. is a manufacturer of plate heat exchangers, compact plate heat exchanger units, and heat meters. These devices are

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Solar Energy’s Future Shines Brightest in China

Contrarian Profits (September 14th, 2009) Writes:

With the announcement that it intends to build the world’s largest solar power plant, China is rapidly evolving into the world’s largest market for solar energy. And with heavy government backing, Chinese solar companies are quickly becoming global leaders.

Fast-growing industry and a reliance on coal-fired power plants turned China into the world’s largest emitter of greenhouse gas a few years ago. Clouds of smog far thicker than that of Los Angeles hang over many of its cities and much of the water is densely polluted. But that’s something the central government aims to change.

China plans to reduce energy consumption per unit of its gross domestic product (GDP) by 20% of 2005 levels by the end of next year. It’s more immediate goal is to reduce reliance on coal-fired plants to 60% of its energy production from 70%, and replace with renewable energy sources like wind and solar.

Since 2007, about 54

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Beige Book: Bad, Not Worse – Analyst Blog

Dirk Van Dijk (July 29th, 2009) Writes:
Below are some of the key sections of the Summary of the Fed Beige Book and my reaction to it interspersed. I have also bolded what I consider to be remarks worthy of emphasis in the report. "Reports from the 12 Federal Reserve Districts suggest that economic activity continued to be weak going into the summer, but most Districts indicated that the pace of decline has moderated since the last report or that activity has begun to stabilize, albeit at a low level..." In other words, the economy is no longer falling off a cliff, but it has not started to climb back either. This is consistent with most of the other economic data we have been getting recently. "Most Districts reported sluggish retail activity...Manufacturing activity showed some improvement in the Richmond, Chicago and Kansas City Districts; while St. Louis and Dallas reported some moderation ...
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Green Star Alternative Energy, Inc. Added to Ludlow Alternative Energy Index

Stuart Smith (April 28th, 2009) Writes:

SAN DIEGO, CA — (Marketwire) — 04/28/09 — Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE) (http://www.greenstarae.com), a green electricity and sustainable energy programs developer, today announced that the company has been added to the Ludlow Energy Alternative Index.

Tom Bustamante, Managing Director of Ludlow Energy Ventures, Inc. commented, “We are pleased to have Green Star Alternative Energy as a new component to our renewable energy index. Focused on the implementation of renewable and green technologies on the municipal and regional level in Europe, the Company should add additional depth and value to our clean technology tracking index.”

For additional information on the Ludlow Alternative Energy Index and its components visit http://www.ludlowcapital.com/indices/

About Ludlow Alternative Energy Index

The Ludlow Alternative Energy Index is a basket of both large and small cap alternative energy stocks. The Index provides both institutional and individual investors a tool for tracking the day-to-day performance

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A Look at Liquidity: Venture Funding Hits 12-Year Low Amid Cold IPO Market

Mike Caggeso (April 20th, 2009) Writes:
[Editor's Note: In this first installment of a two-part look at whether the credit crisis continues to crimp financing for companies and consumers, Money Morning looks at the venture capital market. In Part II later this week, we'll study bank lending trends.] By Mike Caggeso Associate Editor Money Morning Capital venture firms in the Unites States invested only $3 billion in 549 deals in the first quarter - a 61% decline from the first quarter last year - hitting a low that dates back to before the dot-com bubble. Investment activity was down 47% from the $5.7 billion invested in 866 deals in the fourth quarter last year, according to research by the non-profit National Venture Capital Association (NVCA) and PricewaterhouseCoopers LLP. “Given the economic turmoil that began in the third quarter of 2008 and continued on into 2009, ...

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