AuthenTec, Inc. stock was upgraded from “Outperform” to “Strong Buy” by Raymond James Financial on Thursday (June 12th). The announcement fueled a rapid appreciation of 12.3 percent for the day.

AuthenTec itself has been growing by leaps and bounds, seeing a 67 percent revenue increase in the first quarter of 2008. In a recent conference call held to discuss the quarter ended March 31st, the company expressed the belief that 2008 revenues will only continue to grow. It is estimated that earnings for the second quarter will total more than $17.2 million, as a result of large-volume shipments of the company’s “AES 2810″ PC fingerprint-authentication product. It has also been reported that Intel’s Montevina laptops will come equipped with the AES 2810 sensors, to begin shipping in the second half of 2008.

In addition, AuthenTec has announced its intent to step up research and development efforts in a play for an

Powder River Petroleum International Inc. (OTCBB: PWDR) announced today that Jerry W. Walters will take over the position as Operations Manager. Walters has over 30 years experience in oil and gas. He has a wealth of knowledge in this sector, ranging from research and development to design, management and consulting.

“I am thrilled to have Mr. Walters join the Powder River Petroleum International Inc. team. I believe his experience and expertise in this industry will be an excellent addition to our production and operations team,” stated Powder River Petroleum International Inc. CEO Brian Fox.

Powder River Petroleum International Inc. is actively seeking acquisitions of oil and gas properties and companies operating in these venues in the United States and Canada. The company is also a marketer of crude oil and natural gas. Powder River Petroleum recently purchased a drilling and service company. The company expects an increase