Spectrum Control Receives $2 Million in Orders for RCIED Jammer Products

Spectrum Control, Inc. (Nasdaq: SPEC), a leading designer and manufacturer of custom electronic products and systems, today announced that it has received $2 million in orders for microwave and EMI products used in RCIED (Radio Controlled Improvised Explosive Devices) Jammer Systems. In accordance with the customer order requirements, product deliveries are expected to be completed by the end of fiscal year 2009.

Spectrum Control, Inc. (Nasdaq: SPEC), a leading designer and manufacturer of custom electronic products and systems, today announced that it has received $2 million in orders for microwave and EMI products used in RCIED (Radio Controlled Improvised Explosive Devices) Jammer Systems. In accordance with the customer order requirements, product deliveries are expected to be completed by the end of fiscal year 2009.

tw telecom Wins Five-Year, $1.4 Million Contract to Provide Data, Internet and Voice Services to U.S.

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DrStockPick.com Stock Report!

Thursday September 3, 2009

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Arena Resources, Inc. (NYSE: ARD) announced today that the Board of Directors of Arena has approved an increase in the 2009 capital expenditure budget (”CAPEX”) to a total of $107 million. The previous 2009 CAPEX was $85 million. The additional funds are directly related to increased activity at the Company’s Fuhrman-Mascho property in Andrews County, Texas. Management is confident that at current commodity prices the 2009 CAPEX can be fully funded through internally generated operating cash flow.

Fulfillment Technologies, LLC. (FillTek) (www.filltek.com/) has chosen Qwest Communications (NYSE: Q) (www.qwest.com/business) for conferencing,

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China Unicom (CHU) has announced interim 2009 results with reported net income of RMB6.6 billion (US$970 billion) or RMB0.28 per share, down 42.1% compared to RMB12.1 billion (US$1.8 billion) or RMB0.51 per share reported in the corresponding period a year-ago. This significant year-over-year decline in profitability is due to erosion in fixed-line revenue, higher marketing and capital expenditures associated with deployment and expansion of 3G wireless services, and intense domestic competition. Capital spending for expansion of its 3G network grew 17.1% year over year to RMB10.1 billion (US$1.5 billion) during the first-half of 2009 while associated marketing expenses increased 6.6% to RMB9.7 billion (US$1.4 billion). China Unicom contends with an increasingly competitive domestic wireless market. The second-largest Chinese wireless carrier remains significantly challenged by the aggressive nationwide 3G service roll-out plans of its peers China Mobile (CHL) and China Telecom (CHA). Consolidated revenue ...

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Wednesday August 19, 2009

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Community Health Plan of Washington (CHP Washington) and Perot Systems Corporation (NYSE: PER) (www.perotsystems.com) today announced an agreement where Perot Systems will provide technology and business process services to improve the Seattle-based health plan’s back-office functions. The scope of services to be managed by Perot Systems includes claims processing, claims adjustments, enrollment, premium billing, and configuration. During the course of the five year contract, Perot Systems will employ its proven technology and methodologies to support CHP Washington in its goal to minimize claims processing time and achieve low administrative costs.

Energy Conversion Devices, Inc. (Nasdaq: ENER), the leading

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DrStockPick.com Stock Report!

Monday August 17, 2009

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Kingstone Companies, Inc. (NASDAQ: KINS) today filed its Form 10-Q for the quarter ended June 30, 2009. Barry Goldstein, Kingstone Companies (”KINS”) Chairman and CEO, said, “During Q2, we exited the distribution sector of the property and casualty insurance industry. We completed the sale of all of our retail locations in New York and Pennsylvania and no longer serve as an agent or broker. During the second quarter, we also sold our franchise operations.” Based upon the foregoing, substantially all of KINS’ operations for the period ended June 30, 2009 are reflected in the Form 10-Q as discontinued operations.

As an integral

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DrStockPick.com Stock Report!

Friday August 7, 2009

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ICOP Digital, Inc. (NASDAQ: ICOP), an industry-leading company engaged in advancing digital surveillance technology solutions, today provided guidance to the market regarding exercising its Class B warrants (NASDAQ: ICOPZ). Per the Company’s most recent offering, the Class B warrant entitles its holder to purchase one share of common stock at an exercise price of $0.42 per share.

China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced the launch of a $30 million service contract in China and expected revenue growth in the second half of 2009. In 2008, the Company reported over $40 million in profitable revenue from its operations in China. Senior Management was in Shanghai

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The reduction in Mexico's central bank interest rate from 7.75% to 7.5% has forced down borrowing costs on floating-rate securities. Thus, Telefonos de Mexico (TMX or Telmex), Mexico's leading fixed-lined phone operator, plans to sell MXN$8 billion (US$598 million) floating-rate bonds to refinance its debt and meet general corporate purpose.

Telmex Internacional SAB (TII), spun off in June 2008 from Telmex, is expected to sell approx MXN$5 billion ($375 million) in bonds, which will fetch MXN$10 billion for the company. This will help it to expand its presence with broadband and local services and also to introduce value-added services for the corporate market, and Internet and voice services and triple-play services in the residential market for a total investment of US$1.1 billion in 2009.

We expect a fall in Telmex's revenues, EBITDA, and net profit during the second quarter of 2009, with the recent outbreak of swine flu

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RCN Corporation (RCNI) is one of Thursday's top-performing Zacks #1 Rank companies with shares that have gained 8.6%.

< ?DART(15);?> Analysts expect a loss for 2009 of $1.62, which has narrowed by 14 cents from a loss of $1.76 a month ago.

Earlier this week, RCNI announced that it added 12,000 more customers from last year in its Residential/Small Business Segment, which helped fourth-quarter revenue advance 12% to $188 million from $168 million.

Revenue for its Residential/Small Business Segment increased 4% from last year, while revenue for its RCN Metro Optical Networks Segment moved higher 47%.

Net loss from continuing operations also improved year over year, narrowing to $13 million from $33 million. (The company didn't release per share results.)

For the full year, total revenue rose 16% to $739 million from $636 million.

"We enter 2009 with a solid liquidity position and

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Rapid Link Inc., a supplier of bundled internet and voice services to Business and Residential customers, announced the construction of a new data center in Atlanta, Georgia. This data center was built to meet the demands of companies north of Atlanta that need an enterprise-class data center facility to house their critical IT infrastructure, but would rather not rent expensive and crowded co-location space in downtown Atlanta.

Kris Maher, Director of National Sales for Rapid Link, stated, “Normally, companies in Alpharetta and Marietta would have to co-locate with a provider downtown to meet their IT needs. Our new space at Spaghetti Junction is far more accessible. As a bonus, when our regular access customers are also co-located at our data center they can be on-net to their own servers and experience better performance than would be available if they were located elsewhere.”

“Our new facility is unique in that we have both

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i2Telecom International, Inc. (OTCBB: ITUI), a developer of mobile phone applications, announced that Tom Murphy has joined its advisory board.
Murphy has 22 years of experience with Sprint, including the position of vice president of consumer sales and sales operations. With an $80 million budget, two million accounts annually and $1.8 billion in yearly revenue, he was responsible for all consumer sales operations for the Sprint National Consumer Organization, including Sprint’s Sales Centers and all vendor operations for voice services and broadband products.

“After 22 years in the wireless space, I am extremely impressed with the opportunity that i2Telecom’s MyGlobalTalk service represents for consumers and businesses that utilize long-distance communications in their daily activities,” said Murphy.

Murphy retired from Sprint in 2001, and then headed up DEM, LLC, as president and CEO, until January 2006. DEM helped start-up companies define growth strategies, with clients that included Global Velocity, Anthony Robbins & Companies

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