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JMAR Technologies, Inc. (OTCBB: JMAR)(January 15, 2008), a leading developer of advanced laser, photonics and detection technologies, announced earlier today that a new release of its flagship sensor product, the BioSentry, which has been engineered specifically for use in pharmaceutical manufacturing and other high-purity water applications.
BioSentry is a water monitoring system that provides early contamination warning from waterborne microorganisms. Whereas current water monitoring depends on grab sampling of water and time-consuming lab analysis, BioSentry uses laser-based technology to provide continuous, on-line, real-time monitoring of harmful bacteria. Initially, BioSentry targeted applications in homeland security, the beverage industry, and municipal drinking water utilities. With recent system enhancements, the BioSentry can now meet the stringent requirements of high-purity water applications in such industries as pharmaceutical, personal health care and semiconductor manufacturing.
The new system is currently being installed for testing at a major U.S. pharmaceutical company as part of their Process Analytical Technology (PAT) program. PAT is a system for designing, analyzing, and controlling manufacturing through timely measurements of critical quality and performance attributes of in-process materials with the goal of ensuring final product quality1.
Commenting on the new product enhancements, David McCarty, Vice President for JMAR's Sensor Products Group, stated, "The new release of the BioSentry is a major milestone in our product development. Not only have we broadened the scope of markets and applications we can now address, but our core system has evolved to be more robust and easier to maintain."
JMAR Technologies, Inc. is a late-stage technology company with expertise in the development and early commercialization of detection and laser-based technologies for nano-scale imaging, chemical and biological analysis, and fabrication. The Company is leveraging more than a decade of laser and photonics research in developing a portfolio of products with market applications in high interest areas such as homeland security, biological monitoring of water quality, and hazardous materials detection. These technologies represent significant intellectual property which includes more than thirty issued or pending patents.
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Unify Corp. (OTCBB: UFYC)(January 15, 2008), a global provider of application modernization software, today announced the appointment of technology industry veteran Bob Bozeman to its board of directors, bringing the total to six members. Additionally, the board has created a new committee to focus on strategic mergers and acquisitions and appointed Mr. Bozeman chair.
Mr. Bozeman, 59, brings over 30 years of experience in operating management, venture capital investment, and mergers and acquisition advisory to Unify. He currently serves as an advisor to companies seeking acquisition opportunities in the technology industry. Prior, Mr. Bozeman was General Partner of Angel Investors LP, until its sale to Credit Suisse First Boston. Investment success included Google, PayPal, Ask Jeeves, AvantGo!, BrightMail, and RedEnvelope. Angel Investors LP achieved highly successful acquisitions, including AOL's acquisition of Spinner, Microsoft's acquisitions of eQuil, MongoMusic and Vacation Spot and Sybase's acquisition of AvantGo!
Mr. Bozeman began his career with Wang Laboratories. He joined in a technical management role to head IT and later became vice president of Systems Programming in Dr. Wang's Development Center where he contributed to growth in revenue from $50 million to $2.7 billion. Subsequently, he has held operating positions such as Chief Executive Officer, President, Vice President Marketing, and General Manager for a variety of software, information services and computer supplier companies including Altos Computer Systems, Natural Language Incorporated, Vetronix Sales Corporation and Vortex Intellectual Property Exchange.
Mr. Bozeman is currently on the Board or is an advisor to Become.com, MCC:O2, Memeo, and Restoration Partners.
Unify (OTCBB: UFYC) is a global provider of application modernization software that enables Service-Oriented Architecture (SOA). Unify enables organizations to modernize mission critical applications while maximizing its legacy investments throughout the enterprise. Unify's enterprise software portfolio enhances SOA environments by improving application time-to-market, increasing collaboration and service-enabling legacy information. Headquartered in Sacramento, Calif., Unify has offices in London, Munich, Paris and Sydney. Visit www.unify.com or email us at info@unify.com.
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Javo Beverage Company, Inc. (OTCBB: JAVO)(January 15, 2008), a leading provider of premium hot and cold dispensable coffee and tea-based beverages to the food service industry, earlier today released a review of 2007 and presented its outlook for the 2008 business year.
Javo Beverage offers customers the opportunity to serve specialty beverage programs for hot on-demand coffee and for specialty dispensed iced coffee and tea like those found in retail coffee shops but without the need to install and learn a barista-style operating system. Both product lines feature beverage concentrates in bag-in-box packaging that, once installed, create recurring revenue for the Company. Javo's hot coffee program offers nine proprietary blends with a concentration level as strong as 45 parts water to 1 part coffee extract. The iced specialty coffee and tea product line offers 10 unique flavors with concentration levels as high as 7 to 1. Javo also offers packaged coffee and tea mixes that require no specialized equipment and can be conveniently utilized by restaurants to hand mix specialty beverages. Finally, Javo offers bulk coffee and tea flavors for institutional customers who require large quantities of concentrated coffee and tea for manufacturing packaged drinks, ice creams and other retail products.
Having both dispensed hot coffee and specialty iced coffee product lines provides Javo Beverage the opportunity to provide multiple beverage solutions to 2.5 million foodservice locations nationwide. On the strength of customer relationships built with national foodservice accounts in 2007, Javo Beverage has a rapidly increasing base of installed dispensers. The Company had revenue growth of 26% through September 30, 2007 and is positioned for a breakthrough year in 2008. The Company currently has over 4,300 operating dispensers installed across the country, an increase of more than 2,800, or 187%, from the close of 2006. Each dispenser generates from $3,000 to $6,000 in annual revenue per year.
Cody C. Ashwell, Chairman and CEO of Javo, said, "We are excited about our performance in 2007 because it demonstrates that our operating system is capable of generating sustained growth in dispenser installations and their associated revenues. Sales victories in 2007 have created a broad customer footprint to grow our business at an unprecedented rate in 2008. We anticipate that our base of installed beverage dispensing locations will be in the range of 7,500 to 10,000 by the close of 2008, giving the Company solid revenue momentum as we enter 2009.
"Our business model benefits from a couple of fundamental trends in the foodservice industry. First, consumers have become accustomed to drinking specialty coffees and teas that they initially discovered in specialty coffee shops. Restaurants and foodservice institutions catering to these more sophisticated tastes have learned that they must offer a broader, higher quality beverage menu. Since the preparation of specialty beverages is fundamentally burdened with long prep times, short shelf lives and high amounts of waste, foodservice operators are searching for turnkey beverage solutions that fit their current operating system and meet their quality standards. Javo's specialty coffee and tea programs have all the operating efficiencies and cost savings associated with dispensed juice and soft drinks."
Javo Beverage has a growing list of national and regional customers, including: 7-Eleven, Sunoco, BP Products North America, Exxon-Mobil, Haagen-Dazs, Mrs. Fields, Caribou Coffee, Compass Group, MedAssets Supply Chain System, US Department of Veterans Affairs, Amerinet, Gordon Foodservice, Shamrock Foods, Sysco Foods, and US Foodservice. Gary Lillian, President of Javo, said, "In 2007, we significantly grew our force of beverage-dedicated sales and service professionals. These 2007 additions have given us, for the first time in our Company's history, a truly national reach from Florida to the Pacific Northwest, and from California to New England. Our expanded distribution and selling systems have increased our ability to develop new customer relationships and revenue; they will have even more impact in 2008." The Company's relationship with 7-Eleven, the leading convenience retailer in the world, continued to develop in 2007. During the year, the chain's iced coffee program, supplied by Javo, was expanded to over 750 locations. In July 2007, Javo signed an agreement to supply its premium iced coffee beverages to most of 7-Eleven's 7,100 locations nationwide. The Company anticipates an expansion by 7-Eleven to additional regions in the US prior to the peak summertime selling season in 2008.
The Company built on the success of their iced coffee model by beginning several successful programs with other large convenience retailers during 2007 and is currently expanding or preparing to expand to additional locations with: Sunoco, BP Products North America (am pm and BP stores), Exxon-Mobil and others. Programs with these customers will be an important contributor to the Company's growth, especially in the first half of 2008.
Based in Vista, California, Javo Beverage Company (OTC Bulletin Board: JAVO) is an innovator and leader in the manufacture of coffee and tea-based dispensed beverages, drink mixes and flavor systems. The Company has successfully commercialized a proprietary brewing technology that yields fresh brewed coffees and teas that are flavorful, concentrated and stable. As a result, they have broad applications in the food service, food manufacturing and beverage industries.
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Nighthawk Systems, Inc. (OTCBB: NIHK)(January 15, 2008), a leading provider of intelligent wireless power control devices and solutions, announced earlier today that it has received an initial order from Central Hudson Gas & Electric for its CEO700 wireless disconnect units. The order was placed after the successful completion of tests of the Nighthawk units, inclusive of customized firmware, which began in the fall of 2007. Central Hudson Gas & Electric Corporation serves approximately 371,000 customers in eight counties of New York State's Mid-Hudson River Valley, and delivers natural gas and electricity to a 2,600-square-mile service territory that extends north from the suburbs of metropolitan New York City to the Capital District at Albany. This initial order is expected to be shipped during the current quarter.
The CEO700 gives electric utilities the ability to wirelessly disconnect and reconnect power to residential electric meters from a centralized location, improving customer service response times and saving the utility significant time and money over the traditional manual disconnect method that requires multiple truck rolls and field personnel.
H. Douglas Saathoff, Nighthawk's CEO, stated, "I am proud to welcome Central Hudson to our growing list of utility customers, which now totals in excess of 50 customers. We met Central Hudson's particular requirements by customizing our standard solution for them. We look forward to the opportunity to expand our relationship with Central Hudson going forward."
Individuals interested in Nighthawk Systems can sign up to receive email alerts by visiting the Company's website at www.nighthawksystems.com. .
Nighthawk is a leading provider of intelligent devices and systems that allow for the centralized, on-demand management of assets and processes. Nighthawk products are used throughout the United States in a variety of mission critical applications, including remotely turning on and off and rebooting digital network devices, activating alarms, and emergency notification, including the display of custom messages. Nighthawk's IPTV set top boxes are utilized by the hospitality industry to provide in-room standard and high definition television and video on demand.
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Earlier today Triton Distribution Systems, Inc. (OTCBB: TTDS)(January 15, 2008), a next generation web-based travel distribution service provider, announced that they were featured this week in Travel Trade.
In the article titled "New Online Gateway for Agents Selling China", Gregory Lykiardopoulos, Chairman and CEO for Triton, discusses the recent release of Red Dragon Express, the first online portal specifically designed to provide travel agencies with access to Chinese airlines, tours, cruises and hotels. "Agents can now combine international routing and the purchase of tickets-either through a GDS or through a consolidator that is on our network-and then add on to that the domestic cruises, hotels and airlines," said Mr. Lykiardopoulos.
"Triton is dedicated to opening China to travel agencies and their customers around the world but it's just the beginning." Mr. Lykiardopoulos went on to say, "China has recently emerged as the world's fourth largest tourism market and is projected to continue double digit growth well past 2020. China is already the world's largest domestic market with 1.1 billion travelers annually and is the largest source of tourists to other Asian destinations. "We have already developed several key partnerships with Chinese companies and are well on our way to capturing a significant share of the growing inbound and outbound market with products designed for the professional travel agent and their clients."
Triton Distribution Systems is a pioneer in low-cost, business-to-business, Internet-based travel distribution and procurement solutions. Triton provides the electronic distribution of travel inventory from airlines, car rental companies, hotels, tour and cruise operators, and other travel vendors to travel agencies and their clients on a global basis. Triton's proprietary products and services fill crucial needs in the travel industry, and offer product, pricing, and marketing advantages. Triton has developed a broad-based suite of products, including ReservationExpert, TritonTwist and Red Dragon Express - the world's first distribution gateway to the Chinese market.
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Pure Biofuels (OTCBB: PBOF)(January 15, 2008) announced earlier today that the signing of an agreement to acquire 14,000 hectares of land near the city of Pucallpa in central Peru for the cultivation of African Palm to produce palm oil to provide feedstock for its biodiesel production facilities on the coast near Lima. This is in addition to the 60,000 hectares of land in the same region secured by Pure and announced in March 2007.
The new 14,000 hectares will be acquired under a share purchase agreement. The terms of the agreement include the acquisition of 100% of the shares of Inmobiliaria Alpha SAC, a company that owns 15,000 hectares of land and include the transfer back to the seller of 1,000 hectares after the acquisition is completed. Pure expects the acquisition to close by the end of March.
The 14,000 hectares to be acquired by Pure is currently empty and deforested and has already undergone improvements including roads, infrastructure and electricity. Closing of the land acquisition is subject to customary closing conditions.
"This is another important step for our company, and we're very pleased to be acquiring land that is so well prepared for immediate cultivation," stated Pure Biofuels' Founder and CEO, Luis Goyzueta. "The recommendations resulting from our recently completed feasibility studies confirm that African Palm is the lowest cost feedstock source for our production of biodiesel, and we plan to move ahead swiftly with the preparation and planting necessary to see this plantation producing oil as soon as possible. We expect to be ordering seeds and setting up nurseries within the next 90 days and hope to have our first yields within 24-36 months."
The company previously reported that the African Palm will find a healthy environment in the central Peruvian forests. It is a hearty plant that thrives in the tropical environment. The company's strategy to self-supply feedstock is a primary differentiator - with many competitors planning to purchase feedstock oil from plantation owners or from the global commodity market.
Pure has plans for an interim supply of the necessary feedstock oils to begin production as soon as the company's Interpacific Oil expansion and the construction of the company's primary Callao Port facility are complete. Those facilities' combined output is more than 62 million gallons of biodiesel per year. The company expects the new 14,000 hectare plantation will provide up to 40% of the necessary feedstock to reach full capacity for those facilities, and the company has additional plans for more land acquisitions to satisfy its remaining - and future growth - needs.
Pure Biofuels is committed to becoming a leader in Latin America's rapidly emerging biofuels industry. Pure Biofuels' flagship project, the Callao Port biodiesel refinery near Lima, Peru, is scheduled to complete construction of its plant in the first quarter of 2008 and to commence full production capabilities by mid-2008. The Callao Port refinery will process biodiesel from crude palm oil feedstock. Pure Biofuels has secured memorandums of understanding with local fuel distributors for all of Callao Port's annual biodiesel production. The Company believes Peru's economic growth and expansion, illustrated by recent exponential growth in foreign direct investment, and GDP growth over the last five years, adds to Peru's promise as an attractive geography for alternative fuel production and development. In addition, rating agency DBRS has recently assigned investment-grade credit ratings to Peru's long-term foreign and local currency debt.
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