(OTCBB: PNVL), (OTC BB: VERA.OB), (OTCBB: CBMC)….

RealPennies.com: Turning Pennies into dollars: (OTCBB: PNVL), (OTC BB: VERA.OB), (OTCBB: CBMC)….

Are you a public company looking for exposure?
Contact RealPennies.com - 1.800.940.6559

For more info: http://pnvl.realpennies.com

Prineville Bancorporation (OTCBB: PNVL)(January 24, 2008), parent company for Community First Bank, reported its results for the fourth quarter and year ended December 31, 2007.

Net income of $1,696,000 for the year ended December 31, 2007 Robin B. Freeman, President & CEO stated, "Net income for the fourth quarter was an increase of 7.2% from the fourth quarter of 2006, and net income for the full year 2007 was an 11.9% increase from the year ended December 31, 2006." John Hajovsky, Executive Vice President and Chief Operating Officer commented, "Our results reflect continued growth in loans and deposits, but our net interest margin has narrowed due to the impact of the decline in prime rate and the lag in re-pricing of deposit liabilities. Highlights include":

Freeman added, "We are pleased with these results when considering a slowing Central Oregon economy and the 100 basis point drop in national prime rate over the past 4 months. In addition these results are affected by our ongoing expansion and remodeling projects. As previously reported, in September 2007 we opened our seventh branch in downtown Bend at Franklin Crossing and in December 2007, the drive-up facility for our eighth branch (third in Bend) began operations. These new branches follow the February 2007 opening of a new full service branch in Redmond; a complete remodeling of the Greenwood Avenue branch in Bend; and an expansion/remodel of the Terrebonne branch. The remodeling of our Prineville building is in process and completion is expected in March 2008."

Andy Phillips, Executive Vice President and Chief Credit Officer reported that, "Our credit quality remains sound. Non-performing assets, which include all loans past due 90 days or more, loans on non-accrual status, and other real estate owned, totaled 0.27% of loans at December 31, 2007. This ratio is virtually unchanged from 0.26% as of September 30, 2007. Loans past due 30 days or more totaled 1.09% of total loans. The allowance for Loan Losses was 1.22% of total loans at December 31, 2007." To learn more please visit our website at www.MyCommunityFirst.com.

Prineville Bancorporation is the holding company for Community First Bank, which operates eight bank branches located in Prineville, Bend, Redmond, La Pine, Terrebonne and Madras, Oregon, and a loan production office in Bend offering residential and commercial real estate loans. Residential mortgage services are also offered through all bank branches. In addition investment and trust services are offered through Community First Investments.

For more info: http://vera.realpennies.com

Veramark Technologies, Inc. (OTC BB: VERA.OB)(January 24, 2008) a leading telecom expense management and telemanagement software provider, whose customers include 38% of the Fortune 500 companies, helps organizations reduce their IT and telecom expenses. Announced, "I was pleased to learn from AOTMP's research that CFOs and CIOs agree that the accuracy of data and how data is managed is the most efficient technique to reducing IT and telecom expenses", states Tony Mazzullo, President and CEO of Veramark. "This research further validates the investment that we have made in our software development and TEM solutions to help customers drive compliance, savings, and controls over communications costs," adds Mazzullo. The AOTMP research report, "CFO and CIO Perspectives: A Top Down View of IT and Telecom Management" dispels the notion that priorities of Chief Financial Officers and Chief Information Officers are worlds apart when it comes to managing technology and telecommunications-the report concludes that IT and finance are in fact well aligned.

From the findings, it was revealed that 44% of CFOs and 47% of CIOs ranked reducing the telecom spend as a top priority for 2008. Whether combined as part of Veramark's Telecom Expense Management (TEM) Services, Managed Services, or as licensed software, the robust and configurable Web-based VeraSMART Communications Management Suite controls and reduces the telecom spend. In the report, CIOs and CFOs ranked implementing TEM services equally. The findings in this report reveal that the top two challenges to effectively managing IT telecom expenses are lack of resources and lack of automation. "Our fully integrated VeraSMART suite addresses these challenges by improving data accuracy with a flexible application for single-entry, multi-access of data-from sourcing communication services, through service management, inventory management, auditing, invoice disputes, approvals, and payment," says Mazzullo.

"Enterprises often do not have effective information when it comes to IT and telecom to know where the greatest opportunities can be found to reduce expenses," says Joe Basili, Vice President of Research for AOTMP. "It is a mistake to underestimate the power of information," continues Basili. The report can be downloaded at: http://www.aotmp.com/research/0108VER.aspx.

Veramark will host two Webcasts featuring Joe Basili. "CFO & CIO Perspectives on IT & Telecom" will be presented on March 5, 2008 and will provide additional details on the report findings. The second webcast is scheduled for April 2, 2008, "Best Practices for Telecom Expense Management." To register for either of these webcasts visit www.veramark.com/TEMWebinars.

AOTMP, headquartered in Indianapolis, IN, is the unmatched authority on standards and best practices for telecom management. AOTMP focuses on providing information, resources, and benchmarking standards for professionals in the telecom industry through a number of certification programs and a comprehensive skills assessment offering. For more information, please visit www.aotmp.com.


Veramark has set the industry standard for technological excellence, application experience, and process expertise. Veramark is a leading provider of telemanagement solutions that enable organizations to gain visibility into, and control over their communications spend. Veramark's Telecom Expense Management (TEM) service is built on its VeraSMART Communications Management Suite, an easy-to-use, fully integrated, totally Web-based software application that enables rapid implementations of outsourced, hosted or licensed solutions. Veramark's market-leading TEM solutions automate the entire communications environment from sourcing communication services, through service management, inventory management, auditing, invoice disputes, approvals, and payment. For more information, visit www.veramark.com.

For more info: http://cbmc.realpennies.com

Calypte Biomedical Corporation (OTCBB: CBMC)(January 24, 2008), a developer, manufacturer and marketer of HIV diagnostic tests, announced that it has entered into a $8.0 million common stock purchase agreement with Fusion Capital Fund II, LLC, a Chicago-based institutional investor. The Company may sell up to $8.0 million of its common stock to Fusion Capital from time to time over a 24-month period after the Securities and Exchange Commission (SEC) has declared effective the registration statement related to the transaction. The proceeds will be used to further the commercialization of the Company's AwareTM HIV-1/2 Rapid diagnostic tests, develop new diagnostic tests and for general corporate purposes.

Under the agreement, the Company has the right to sell shares of common stock to Fusion Capital from time to time in amounts between $100,000 and $1.0 million, depending on certain conditions, for up to $8.0 million of total funds. The purchase price of the shares will be based on the prevailing market prices of the Company's shares at the time of sale without any fixed discount, and the Company will control the timing and amount of any sales of shares to Fusion Capital. There are no negative covenants, restrictions on future financings, penalties or liquidated damages in the agreement. A more detailed description of the transaction, as well as the agreement, is set forth in the Company's Report on Form 8-K filed today with the SEC which should be reviewed carefully in conjunction with this press release.

Calypte Biomedical Corporation is a U.S.-based healthcare company focused on the development and commercialization of rapid testing products for sexually transmitted diseases such as the Aware HIV-1/2 OMT test that are suitable for use at the point of care and at home. Calypte believes there is a significant need for rapid detection of such diseases globally to control their proliferation, particularly in developing countries, which lack the medical infrastructure to support laboratory-based testing. Calypte believes that testing for HIV and other sexually transmitted infectious diseases may make important contributions to public health, and could increase the likelihood of treating those with undetected HIV and other sexually transmitted diseases.

Fusion Capital Fund II, LLC is an institutional investor based in Chicago, Illinois with a fundamental investment approach. Since 1999, Fusion Capital has invested in a wide range of companies and industries emphasizing life sciences, energy and technology companies. Its investments range from special situation financing to long-term strategic capital.

Read our full disclaimer at: http://www.realpennies.com/start.html
Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
Sitemap: http://www.realpennies.com/sitemap.html

RealPennies .
Telephone: 1-800-940-6559
Matt /at/ realpennies.com