Iteris, Inc., a leader in advanced traffic management technologies, today reported financial results for its fiscal quarter ending September 30, 2009. Net sales and revenues increased 1.6% over the preceding quarter, from $14.6 million to $14.9 million, primarily the result of a 20.5% increase in the sale of Roadway Sensors and a 30.5% increase in the sale of Vehicle Sensors. Growth was partially offset by a 16.9% decrease in Transportation Systems contract revenues. In addition, gross margins increased to 44.2%, compared to 38.1% for the preceding quarter, and compared to 41.3% in the same quarter of the prior fiscal year, although the current quarter total net sales and contract revenue figures represent a 22% decrease compared to the same quarter in the prior fiscal year. The gross margin increase was the result of a higher mix of Roadway and Vehicle Sensor net sales as a percent of total sales and

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OLB Group, Inc. has been gaining a stellar reputation as an innovative e-commerce service provider that offers software products and services designed to help businesses sell products over the internet. Today, the young company announced they will be offering patented derma-cosmetic products from Leorex Ltd. to its clients for marketing to their end users. To coincide with the previously announced joint venture with Leorex, a new website has been launched utilizing the current platform of e-commerce from ShopFast, OLBG’s software platform, at http://www.leorexdirect.com/freetrial.aspx.

An integral part of the campaign includes free membership to the Platinum Club, which offers discounts of 25% to 45% on products that can significantly enhance a client’s overall profitability and/or competitive pricing advantage. These benefits are not only enticing to their customer base but have also started to turn the heads of investors on Wall Street.

There is a booming market for cosmetic and health-related

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BT Group Plc (BT) has announced a deal to market and deliver Microsoft (MSFT) online services to business customers. They will have access to integrated cloud computing and collaboration services. BT is the first telecom service provider to resell the Dedicated Business Productivity Online Suite to enterprise organizations. Microsoft Exchange Online, Microsoft SharePoint Online, Microsoft Office Communications Online and Microsoft Office Live Meeting will now become available to BT customers. The company plans to integrate Microsoft’s product suite into its 21CN network and facilitate a fully-loaded managed services platform featuring power, performance management, maintenance and software upgrades. This will ensure a higher quality of service and efficient network performance. The announcement extends a long-standing partnership between BT and Microsoft in selling and delivering business services and solutions to small-to-medium sized and enterprise customers. BT is a Microsoft Gold Certified Partner. Cloud computing is a ...

Just as Intel Corp (INTC) has a dominant position in the microprocessor market for computers, ARM Holdings (ARMH) has the most widely used technology in cell phones and other mobile devices. Intel’s desire to go beyond its home ground may be traced to the maturing state of the enterprise type PC market and the much stronger growth rates in cell phones and mobile internet devices.

The higher demand has been driven by a sea change in technologies driving consumer electronics products that have virtually created demand for a completely new species. Consumers now want greater functionality, connectivity, portability, lower power consumption, smaller sizes and all this at a much lower cost.   What Intel wants to achieve requires a paradigm shift. In the PC market it enjoys a special position at system integrators that have for long kept Advanced Micro Devices (AMD) at bay. Being the financially stronger

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By Don Miller Associate Editor Money Morning In a surprise move yesterday (Monday), Oracle Corp. (ORCL) pounced on the opportunity to buy Sun Microsystems Inc. (JAVA), for about $7.4 billion in cash, stepping in after Sun’s talks with International Business Machines Corp. (IBM) fell apart. The deal gives Oracle control of server and software maker Sun’s coveted Java programming language and brings to a close Sun’s 27-year reign as the maverick of Silicon Valley. Java is the dominant language of the Internet and runs on over 1 billion devices worldwide. The acquisition is in line with Oracle’s overall business strategy. Oracle, the world’s second-biggest software maker, has dropped $34.5 billion on buyouts since 2005, making it the most aggressive software company in the hi-tech field. "The deal would strengthen Oracle’s position against IBM. Oracle has done a good job ...

Small-Cap Investing: How to Play The Emerging Small-Cap Rally

by Louis Basenese, Advisory Panelist Associate Investment Director, The Oxford Club Wednesday, January 7, 2009: Issue #911

Forget the grim news that Alcoa (NYSE: AA) is slashing costs and cutting 13% of its workforce. We all know times are tough. But the market’s a forward-looking beast. And right now, it’s doing exactly what I predicted on November 19. It’s favoring small caps over large caps.

In December the little guys put up big numbers - a 5.8% gain versus a mere 1.1% uptick for the large guys, based on the Russell 2000 and S&P 500 indexes.

Before I get to my favorite ways to screen and play this emerging small-cap rally, let me first address my critics.

My last column failed to convince some of you. Others thought I simply skimped on the proof. Or more specifically, that I failed to tell you why

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MyECheck, Inc. (MYEC.OB), a leader in providing electronic payment solutions, recently announced its third quarter financial results for the period of July 1 to September 2008 along with its unaudited interim October 2008 results. The company is able to provide merchants with a more cost-effective and secure method of processing customer payments via a patented solution that is far more efficient than traditional ACH processing methods.

For the year-to-date period of January 1 to September 30, MyECheck recognized revenue of $325,892 in 2008 while it booked only $4,771 of revenue in 2007. The company actually realized a 41% quarter-to-quarter increase in revenue as it recorded revenue of $156,174 in the third quarter compared to $110,805 in the second quarter. The company has since recognized a 65.9% increase in revenue of $99,310.18 in October 2008 compared to $59,837.51 in September.

Moving from the second

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Today, MyECheck announced that its revenue increased 65.9% from September 2008 to October 2008. Specifically, September revenues totaled $59,837.51, while October revenues reached $99,310.18.

According to the press release, the Company processed more than 394,000 transactions totaling over $17.87 million dollars for the period of October 2008. This is a significant increase from September as there were 236,253 transactions totaling $12.10 million dollars during the earlier month.

Another major accomplishment was the achievement of positive cash flow for the month of October. The company stated its scalability of operations and software allows them to grow substantially while maintaining low overhead costs.

Commenting on the positive numbers, CEO Edward Starrs stated, “We are extremely pleased to have reached positive monthly cash flow in our first year of operations on our new software platform. Online e-check acceptance is catching on with web retailers because they enjoy the added

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