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Simtrol, Inc. (SMRL.OB) Sells Vistor™ and Scheduler™ Products to Strike Industries

QualityStocks (November 13th, 2009) Writes:

Today, innovative enterprise-class software solutions developer, Simtrol, Inc. , announced the sale of its Visitor(TM) and Scheduler(TM) products to its partner Strike Industries, Inc. The transaction grants Strike Industries the right to modify, advertise, promote, market and license the software.

As per the terms of the agreement, Simtrol will receive a cash payment, a secured note, plus a royalty stream from future sales of the software. The products support and enable software-based management and delivery of prisoner visitation in a truly scalable and cost-effective way.

Oliver Cooper, Simtrol President and CEO, stated, “We are excited to leverage Strike’s deep industry expertise and sterling reputation with their clients to bring our technology solutions to the large and growing corrections market. Strike has made a substantial investment into this product and we have entered into an ongoing financial relationship which is consistent with our strategy of working with our partners to maximize the value

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Xcellink Signs Agreement With Technology Giant 3i Infotech for iPhone Integration

Stuart Smith (November 10th, 2009) Writes:

LAS VEGAS, NV — (Marketwire) — 11/10/09 — Xcellink International Inc. (OTCBB: XCEL), a developer of a patented mobile payments & banking platforms, is pleased to announce that is has executed an agreement with 3i Infotech for the development and integration of its patented software with Apple’s iPhone technology.

Work will be carried out by 3i Infotech’s development team, and it is expected that the new technology will be ready for testing in early January 2010. The board of Xcellink is extremely excited by this relationship due in part to the 3i Infotech Group of Companies, which includes Regulus Group, a subsidiary of the global information technology company 3i Infotech, and one of North America’s largest payment processors.

Regulus Group is one of the brightest stars in the payment processing industry providing statement and bill presentment services to clients in the financial services, health care, insurance, telecommunications, and utilities industries.

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Simtrol, Inc. (SMRL.OB) Issues Shareholder Letter

QualityStocks (November 4th, 2009) Writes:

Today, Simtrol, Inc.’s President and CEO issued the following letter to stockholders:

Dear Valued Shareholder,

I am writing today to give you an update on our business. In our business model, it is important that our technology offerings are scalable, easy to implement, attract market leading channel partners, and provide tremendous value for the end customer. We have refined and productized our technology assets, making them easy to deploy through our channel partners into the verticals we have targeted. During the past year, in spite of a difficult financial environment and exceptionally soft business climate, we have successfully developed multiple distribution channels for products based on our Device Manager™ technology. The major markets for these products include Education, Healthcare and Judicial/Corrections. We are excited about the prospects for these products as they work their way through their sales cycles. As these channels develop, there is a significant revenue opportunity which can emerge

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Consorteum Holdings, Inc. (CSRH.OB) Focuses on Right Solutions for Payments Industry

QualityStocks (November 3rd, 2009) Writes:

Consorteum Holdings Inc. provides financial services, payment services and electronic transaction processing services for a wide variety of institutions in both the public and private sectors. The company’s strategic plan is to capitalize on the many global opportunities within the growing financial services, payment and transaction processing marketplace.

The company is an unencumbered technology solutions partner that can provide their clients with a long-term plan to utilize the most technically advanced global technology today. With the company’s extensive experience in the industry, Consorteum recognized a requirement within these industries to provide right source solutions to firms looking to maximize their business potential.

Consorteum works with a multitude of global technology partners which enables the company to develop customized, innovative technology solutions that either create or enhance their clients’ existing payment and transactional processing systems across a broad spectrum of industries. This saves

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Newport Digital Technologies, Inc. (NPDT.OB) to Implement Microsoft Licensing Agreement; Signs Distribution Agreement with Ingram Micro

QualityStocks (October 30th, 2009) Writes:

Newport Digital Technologies, Inc., a technology solutions driven company organized to focus on serving the fastest-emerging businesses in the technology space, announced today after the closing bell that it has implemented the licensing agreement with Microsoft Corp. to develop applications for its Windows Mobile platform. The Company has also progressed with their distribution agreement previously announced with Ingram Micro, Inc. (NYSE: IM), which will serve as its initial primary sales channel partner.

Newport Digital Technologies, Inc. (NPDT), in conjunction with leading Taiwan-based R&D technology incubators, the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI), is commercializing a number of leading-edge Radio Frequency Identification (RFID) technologies. The first product is the N37B Ruggedized Handheld RFID reader and computing device that was unveiled this week at the Voluntary Interindustry Commerce Solutions Association (VICS) conference hosted by the University of Arkansas

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Bally Meets Expectations – Analyst Blog

Zacks Market Commentaries (October 30th, 2009) Writes:
Gaming equipment maker Bally Technologies Inc. (BYI) posted fiscal 2010 first-quarter results yesterday after the closing bell. The company recorded net income of $30.6 million, or 53 cents per share, compared to $30.3 million, or 52 cents in the year-ago period. The results matched the Zacks Consensus Estimate. Bally Technologies is a leading gaming systems company, which designs, manufactures, operates and distributes advanced gaming devices, systems and technology solutions worldwide. The company's product line includes reel-spinning slot machines, video slots, wide-area progressives and class II, lottery and central determination games and platforms. The company also offers casino management, slot accounting, bonusing, cashless and table-management solutions and also operates the Rainbow Casino in Vicksburg, Mississippi. The Las Vegas-based company’s sales slipped 17.2% year over year to $196.5 million. The decline was the results of weakness in North American gaming machine replacement market as customers continue to slash ...

FMC Completes Acquisition – Analyst Blog

Zacks Market Commentaries (October 22nd, 2009) Writes:
Yesterday, oil drilling equipment maker FMC Technologies Inc. (FTI) closed the previously announced acquisition of Stavanger, Norway-based oil service company Multi Phase Meters AS for an initial cash payment of $30 million. The deal also calls for FMC to provide two performance-based payouts in 2012 and 2013.  Multi Phase Meters is focused on the manufacture and delivery of high-performance multiphase flow meters for the oil and gas industry. The company’s meters are unique in the sense that they are able to maintain consistently high accuracy over the full operating range of a well irrespective of the gas fraction, watercut or fluid composition. Additionally, the meters require virtually no maintenance and are developed for a period of more than 25 years at extreme condition.  As such, the ownership of Multi Phase Meters will significantly expand FMC’s product portfolio and help the company to further optimize its subsea ...

Outsourcing Firms Quarter Results UP

Outsourcing Insider (October 21st, 2009) Writes:

With the United States market still in slump, businesses project difficulties in profit increase in the next 7 years. Job cuts continue in the US and the rate of job creation of 25 per year is not sufficient to offset job losses in the next 5 years. On the other side of the world, Indian outsourcing firms show an opposite trend. Global IT service providers such as Infosys which provides technical consulting, design and development of business solutions have been aggressively increasing their workforce. Last week, the company reported that in the second quarter it has hired 6,069 people offsetting the 4,521 employees it laid off in the same quarter. Tata Consultancy Service is also bullishly hiring with plans of hiring 25,000 people worldwide for this year 2009 and 90%

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DrStockPick.com Stock Report! 10/14/09, LVCA, ALYI, SIFY, COHR, TECD, LRN

Dr. Stock Pick (October 14th, 2009) Writes:

Dr Stock Pick HOT News & Alerts!

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Lake Victoria Mining Company (OTCBB: LVCA) initiated a surface trenching program to locate and expose selected possible new quartz veins at the Company’s Singida Gold project in central Tanzania. Preliminary information suggests that three new veins may have been exposed in the trenches; detailed mapping and sampling of the trench walls is underway to determine if the structures resemble the already exposed 5km gold bearing vein system and what gold values might be present.

Alternet Systems, Inc. (OTCBB:

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PrismOne Group, Inc. (PMOZ.OB) Selects Axcess International’s Sensing for New Energy Usage Management Solution

QualityStocks (October 1st, 2009) Writes:

PrismOne Group, Inc., a leading provider of managed technology services to targeted vertical market clients with growth challenges, recently announced that the company has selected Axcess International, Inc. (AXSI.OB) as the supplier of Radio Frequency Identification (RFID) technology for PrismOne’s pilot product, Presence Response and Intelligent Systems Management (PRISM).

PRISM will enable real time analysis of building environments through the use of presence tracking to modify, manage and control environmental systems such as lighting and HVAC to optimize energy efficiency. PRISM will be integrated into PrismOne’s web-based interface as an additional module and integrated with the existing communications and network modules.

Samir Burshan, chief executive officer of PrismOne, stated, “I was educated as an architect and feel very strongly about building sustainability. In our capacity to develop technology solutions, I wanted to provide a way to answer the frustrating questions of why lights in an empty space are left on,

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