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ePlus inc. (PINKSHEETS: PLUS)(February 14, 2008) announced yesterday that ePlus Technology inc., a wholly owned subsidiary, has achieved HP BladeSystem Elite status. Part of HP's PartnerONE program, the BladeSystem Elite designation recognizes a partner's investment in the training and product expertise required to maintain best-in-class HP ProLiant blade solutions.
"Attaining HP BladeSystem Elite status is a testament to our success providing customers with best-run IT infrastructures for their data center needs," said Chris Finney, HP national practice manager of ePlus. "Our engineering-centric culture drives our commitment to delivering solutions that leverage the latest technological innovations. We are pleased to be recognized by HP for our continued investments in blade technology and for helping our customers simplify server and storage management." "We're delighted to acknowledge ePlus for its demonstrated success in BladeSystem technology," said Frank Rauch, vice president, Technology Solutions Group Sales, Solution Partners Organization -- Americas, HP. "As a BladeSystem Elite partner, ePlus has earned the tools, support, and incentives to further increase sales and to pass additional benefits on to its customers." HP BladeSystem Elite is a Technology Elite Track in HP's PartnerONE program. It provides incentives to business development partners who possess demonstrable areas of expertise aligned with HP's go-to-market initiatives and who meet competency and revenue requirements, including completion of national technical certification requirements.
As a leading HP Platinum Business Partner and HP National Enterprise Elite Partner, ePlus delivers enterprise solutions to corporations, state and local government, education, and healthcare organizations. Its team of engineers holds more than 70 collective HP certifications, consisting of certified blade engineers in all regional offices, HP Master SAN architects, VMware certified engineers, and many other advanced technical resources. ePlus also provides professional services to help organizations plan, design, and deploy the application environments to best run on blade servers. For more information on ePlus' HP Blades, visit http://www.eplus.com/hp_bladesystem.htm or http://www.eplus.com/hp.htm.
About ePlus inc.
ePlus is a leading provider of technology solutions. ePlus enables organizations to optimize their IT infrastructure and supply chain processes by delivering world-class IT products from top manufacturers, professional services, flexible lease financing, proprietary software, and patented business methods. Founded in 1990, ePlus has more than 625 associates in 30+ locations serving more than 2,500 customers. The Company is headquartered in Herndon, VA. For more information, visit http://www.eplus.com, call 888-482-1122, or email info@eplus.com.
ePlus and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries. The names of other companies and products mentioned herein may be the trademarks of their respective owners.
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Star Bulk Carriers Corp. (NASDAQ: SBLK)(February 14, 2008) announced yesterday that its Board of Directors declared a cash dividend of $0.10 per share for the fourth quarter ending December 31, 2007. The dividend is payable on or about February 29, 2008 to shareholders of record on February 25, 2008.
The Company previously announced that it intended to pay a partial dividend per share based on a dividend of $0.325 per share for its first full operating quarter in 2008 pro rated for the number of fleet operating days in the fourth quarter of 2007 equal to $0.03 per share. The board of directors determined to increase the Company's initial dividend to $0.10 per share.
The Company further announced that it adjusted upward from $0.325 to $0.35 per share the minimum dividend that the Company expects to declare in respect of the first quarter of 2008.
The $0.10 per share dividend payment is the first quarterly dividend declared by the company since the completion of the Redomiciliation Merger on November 30, 2007, by which Star Maritime has merged with and into Star Bulk with Star Bulk as the surviving entity. Star Bulk intends to pay quarterly cash dividends to the holders of its common shares, in February, May, August and November. Akis Tsirigakis, President and CEO of Star Bulk, commented: "We are pleased to declare our first dividend payment marking an important milestone for our company. Our healthy balance sheet allowed us to increase our dividend and having secured 100% of our fleet on contracted employment through 2008, we believe we are well-positioned to provide regular quarterly dividends while maintaining our growth strategy."
About Star Bulk
.Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk's vessels transport major bulks, which include iron ore, coal and grain and minor bulks such as bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and is headquartered in Athens, Greece. Its common stock and warrants trade on the NASDAQ Global Market under the symbols "SBLK" and "SBLKW" respectively. Currently, Star Bulk has an operating fleet of eight dry bulk carriers, plus definitive agreements to acquire a further two dry bulk carriers. The total fleet consists of three Capesize, one Panamax and six Supramax dry bulk vessels with an average age of approximately 11 years and a combined cargo carrying capacity of approximately 927,759 deadweight tons.
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AXS-One (OTCBB: AXSO)(February 14, 2008), a leading provider of scalable, high-performance Records Compliance Management (RCM) solutions, announced earlier yesterday an agreement with Quest Technology Management, a leading technology provider serving Fortune 1000 companies.
Under the terms of the agreement, Quest will resell the AXS-One Compliance Platform, offering it as an integrated component of its hosting and managed services messaging offering. Quest has already closed an agreement with its first customer, and will start to offer the solution to its existing hosting customers in the coming weeks for the new archiving service. Quest will also offer the AXS-One Compliance Platform to its existing customers.
The Quest agreement represents a major step forward for AXS-One's Hosting Division, which the company launched last month. The new division is dedicated to offering innovative archiving technologies to key providers in the hosting and e-discovery markets. AXS-One also recently announced reseller agreements with two of the world's major hosting providers.
"At a time when hosting is emerging as the key issue for messaging, AXS-One remains the only on-site archiving and electronic records management solutions vendor to directly address this management priority," said Bill Lyons, CEO of AXS-One. "Our team is focused on delivering a rich set of features and functionality, with the lowest infrastructure costs and fast implementation. This in turn allows partners such as Quest to significantly expand the value they offer to their customers while expanding their own revenue opportunities." Numerous factors are contributing to the growth in hosted e-mail archival and compliance services: increased needs for regulatory compliance, discovery requirements and large and growing messaging data stores. IDC predicts that the market for hosted e-mail archiving services alone will reach a CAGR of more than 27 percent through 2010. As a result, enterprises are turning to hosting providers such as Quest to reduce complexity and costs, and want a consolidated offering that includes mailbox services and disaster recovery. Moving forward, these needs are expanding to include retention and disposition, as well as self-service e-discovery capabilities.
"Quest has successfully built its business by providing reliable, cost-effective, innovative services, combined with the highest levels of customer service. We plan to leverage that success to grow our hosting and managed services business through 2008," said Tim Burke, CEO of Quest. "The due diligence our company performed to find a suitable archiving partner confirmed that AXS-One is the only vendor that can today deliver what the market is asking for: complete functionality with low infrastructure costs in a solution that is easy and fast to implement." The AXS-One Compliance Platform provides customers a seamless and easy to implement solution to address the reactive, expensive and labor-intensive responses to litigation and e-discovery. This is achieved through a single archiving and electronic records management software platform. The platform handles policy-based management of disparate electronic records, including e-mail and instant messages, reports, SAP documents and data, desktop documents, voice, video and images. The solution, available as a client-side product as well as a hosted offering through AXS-One partners, offers a range of capabilities to address growing concerns and requirements for records management as well as delivering exceptional operational savings and superior ROI.
About AXS-One
AXS-One Inc. (OTCBB: AXSO) is a leading provider of scalable, high-performance Records Compliance Management solutions. The AXS-One Compliance Platform enables organizations to implement secure, scalable and enforceable policies that address records management for corporate governance, legal discovery and industry regulations such as SEC17a-4, NASD 3010, Sarbanes-Oxley, HIPAA, The Patriot Act and Gramm-Leach Bliley. Founded in 1978, and headquartered in Rutherford, NJ, AXS-One has offices worldwide including in the United States, Australia, Hong Kong, Singapore, United Kingdom and South Africa. For further information, visit the AXS-One web site at http://www.axsone.com.
About Quest
Quest is a technology management company that has been serving Fortune 50-1000 and small and medium-sized corporations, state and local government, and educational institutions since 1982. The company offers clients a portfolio of professional services, managed services, telecommunications & transport, maintenance contract management fiber-optics, wireless & structured cabling, and technical staffing, all backed by the most advanced technologies. For more information, please visit Quest at http://www.questsys.com *Quest is a trademark of Quest Media and Supplies, Inc.
AXS-One, the AXS-One logo, "Access Tomorrow Today," and AXSPoint are registered trademarks of, and AXS-One Compliance Platform, AXS-One Central, AXS-One Retention Manager, AXS-One Rapid-AXS, AXS-Link for Desktop, AXS-Link for SAP, AXS-Link for Lotus Notes, AXS-Link for Microsoft Exchange, AXS-One Data Archive Translator, AXS-Link for File System Archiving, AXS-Link for .PST Management, AXS-One Supervision, AXS-One Case Management, "The Records Compliance Management Company" and AXS-Link are trademarks of, AXS-One Inc., in the U.S. All other company and product names are trademarks or registered trademarks of their respective parties.
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