Leading audio conferencing solutions provider, ClearOne, announced today that it has acquired NetStreams, Inc. Headquartered in Austin, Texas, privately-held NetStreams has approximately 20 employees and will continue to operate from its current location. NetStreams’ 2009 revenues are anticipated to be in excess of $5 million.

NetStreams is a global leader in digital media networks. Its IP technology appears in a wide variety of applications, including digital signage, corporate video distribution, network operations centers and government facilities. It can also be found in large venues such as the hospitality, entertainment and casino industries. NetStreams’ digital streaming media and control systems support virtually any number of digital or analog sources, including high definition audio and video content. Additionally, it has nearly an unlimited number of networked endpoints.

According to the terms of the transaction, ClearOne paid approximately $2 million in cash and assumed approximately $2 million of long-term debt. The company

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NEW YORK, Nov. 3, 2009 (GLOBE NEWSWIRE) — TIE Technologies, Inc. (Pink Sheets:TTCS), a leading developer of advanced communication technologies designed to improve connectivity, productivity, and communication, today announced it has signed a Teaming Agreement with Informatica’s Complex Event Processing (CEP) business unit, formerly Agent Logic.

TIE Technologies and Informatica have now commenced the design and configuration for Informatica RulePoint software to be incorporated into TIE’s ACUMEN architecture. Solutions built on the ACUMEN architecture deliver improved situational awareness by automating data correlation, dissemination, and anomaly detection processes. They also enable inter-agency information sharing for critical infrastructure protection and assist in coordinating risk, security and emergency operations for localized or larger scale incidents.

One of the first results of bringing these cutting edge technologies together will be the roll out of a new integrated Airport security and safety system solution. This technology agnostic platform will incorporate various sensor and communications technologies

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Before the opening bell, L-3 Communications Holdings Inc. (LLL) released strong third quarter results. In the reported quarter, the company clocked earnings per share (EPS) of $2.12, soundly beating both the Zacks Consensus Estimate of $1.85 and the year-ago quarterly EPS of $1.73. Net sales rose 5% to $3.8 billion in the reported quarter from $3.7 billion in the year-ago quarter. The upside came mainly from the Command, Control, Communications, Intelligence, Surveillance and Reconnaissance (C3ISR) and Aircraft Modernization and Maintenance (AM&M) segments. However, these were partially offset by decrease in the Government Services and Specialized Products segments sales year-over-year. C3ISR segment sales rose 21% year-over-year primarily due to increased demand and new business from the U.S. Department of Defense (DoD) for airborne ISR and networked communication systems for manned and unmanned platforms. AM&M sales increased 17% due to higher revenues from systems field support services, Special ...

Harris Corp. (HRS) recently won a  $419 million Basic Purchasing Agreement contract to supply the U.S. Army with Falcon III AN/PRC-117G multi-band tactical radios & vehicular power-amplifier adapter systems. The initial delivery order under the contract is valued at $165 million. Harris’ Falcon III AN/PRC-117G radios will be deployed by the U.S. Army for missions worldwide to provide next-generation, high-speed tactical satellite network and voice-and-data communications.   Harris has a strong market position in the government communications sector, with a broad product line and an enviable win rate on government contracts (more than 60% historically). The company’s Falcon III tactical radios are being widely used by U.S. Special Operations forces, the U.S. Army and various NATO and “Partnership for Peace" countries. Several industry researches have predicted that tactical radio segment may provide a multi-billion dollar business opportunity to Harris in the next couple of years as overall defense ...

In an effort to increase the prospect of its service offering, eDoorways Corporation has signed a letter of intent to purchase the mobile device technology and services of a development team from Ian Mitchell of Universal Design Technologies, Inc. eDoorways plans to operate its acquisition as a wholly owned subsidiary.

The technology supports what eDoorways calls the “eC Device.” This cutting edge device is best described as a first-person perspective, video transceiver resembling an earpiece with a video display lens that goes over the eye. The eDoorways subsidiary plans to develop the eC Device for market consumption as well as provide platform integration of smartphones for the iPhone OS, Android OS, and RIM Blackberry OS.

Although Ian Mitchell’s accomplishments stem from a successful real estate career, his genius is firmly planted in biomedical and interface technologies. Apart from his co-founding role at

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Axial Vector Energy Corp.’s products represent an enormous near-term market opportunity. The company makes products that are very efficient at converting energy from one form to another, an obviously marketable capability in today’s world. The Axial Vector engine, for example, converts chemical energy from a variety of fuels into motion, like a standard engine, but does it extremely efficiently due to its unique design.

The AVEC engine offers greater fuel efficiency, smaller size, and significantly lower weight than standard engines. It also has fewer operating parts, reducing maintenance costs, and has an unmatched weight-to-horsepower and weight-to-torque ratio. The engine is currently being tested for use on mobile platforms and other applications. One of the most important features of the AVEC engine is its ability to run efficiently on multiple types of fuels, such as diesel, bio-diesels, JP5 and JP8 fuels, and ethanol,

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Smart Grid Investing: How Our Nation’s Future Energy Security Can Boost Your Portfolio Now

by Dave Fessler, Advisory Panelist

The “Smart Grid.”

You may have heard the media toss the term around recently. But ask the next 10 people you meet to tell you something… anything… about it, and I’ll wager that you’ll get deafening silence.

The reason? All of us take electricity – and the system that generates and distributes it – for granted. And despite having spent my entire professional life as an electrical engineer, I’m guilty as charged, too.

So what is the Smart Grid? How will it work? And why is it important to our nation’s future energy security? Read on for details, including two companies working to boost the nation’s power capacity that you can add to your portfolio today…

Why Our Current Systems Are Maxed Out…

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Dresser-Rand Group Inc. (DRC) recently posted second-quarter earnings of 74 cents per share, outpacing the year-prior 55 cents and exceeding the Zacks Consensus Estimate by 28%.

Company Description

Dresser-Rand Group manufactures centrifugal and reciprocating compressors, steam and gas turbines, expanders, portable ventilators and control systems at facilities in the United States, France, United Kingdom, Germany, Norway, India and China for the oil and petrochemical industries around the world. The company can trace its roots back to 1840.

Strong Second Quarter Results

The company recently posted second-quarter earnings of 74 cents per share, outpacing the year-prior 55 cents and exceeding the Zacks Consensus Estimate by 28%. Total revenues of $606.1 million came in 12% ahead of the year-prior result.

Vincent R. Volpe Jr., President and Chief Executive Officer, called it a solid quarter with strong top line and bottom line growth, adding that there was improvement in the new units segment

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In order to meet the growing global demand for accessing digital terrestrial television services, STMicroelectronics NV (STM) recently introduced a single-chip DVB-T silicon tuner that enables manufacturers to simplify product assembly and supply-chain management.

As consumers switch from analog to digital television broadcasting, the demand for digital set-top boxes and integrated digital televisions (iDTVs) is on the rise. This transition has already taken place in nine countries, including the USA, parts of Europe and Scandinavia, and is underway in other nations.

With its STV4100, the company offers complete chipsets for digital-terrestrial receivers, including the tuner and a choice of demodulators, MPEG decoders and combined demodulator/decoder ICs.

Silicon tuners are replacing those supplied by third-party providers, which combine multiple discrete components in a metal enclosure and must be individually adjusted for optimum performance. STMicroelectronics’ new device saves up to 30 separate components, has a compact QFN 5 x 5mm

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PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Friday August 14, 2009

PennyOmega.com Stock Report!

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Mikros Systems Corporation (OTC Bulletin Board: MKRS), announced today the results of operations for the fiscal quarter ended June 30, 2009. The Company reported second quarter revenue of $636,476 and net income of $18,966. Year to date revenue and net income were $1,143,785 and $9,117, respectively.

HP (NYSE:HPQ) today announced it has signed a five-year, $73 million applications and infrastructure technology services agreement with Lansforsakringar to help drive innovation and cost savings for the Sweden-based banking and insurance firm.

Sutron Corporation (NASDAQ: STRN), a leading provider of hydrological, meteorological and oceanic monitoring, warning and control systems, announced today its

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