Turning Pennies into dollars: (PINKSHEETS: CHCG), (PINKSHEETS: CGSE), (PINKSHEETS: DPHIQ), (PINKSHEETS: GRMU), (PINKSHEETS: KANA), (PINKSHEETS:NCEN)
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China, April 2, 2008, 2008 -- China 3C Group (PINKSHEETS: CHCG), a leading retailer and distributor of consumer and business products in China, today announced that the Company has named Mr. Yong Wu to the newly created position of Vice President and Director of Sales. In this role, Mr. Wu will be responsible for China 3C's overall sales strategy and will be involved in overseeing than 500 member sales and support staff, marketing, analyzing data and trends, and customer service.
Mr. Wu most recently served as the sales manager for East China at CR Vanguard Limited, which is one of the largest supermarket chains in China. From 2000 to 2005, he worked as a sales manager for East China at Trust-Mart Department Stores Co, a well-known department store chain. Mr. Wong began his career in 1996 working for COFCO Le Conte Food (Shenzhen) Co, Ltd, one of China's largest candy manufacturers rising to the level of General Manager of East China, which is the most important sales region for this company. Mr. Wong graduated from Zhejiang University School of Economics and Management, one of China's top universities.
Mr. Zhenggang Wang, Chairman and Chief Executive Officer commented, ''We are pleased to welcome Wu to this newly created position at China 3C Group. As we continue to broaden our presence in China, it is important to ensure that the lead sales managers at each of our four operating subsidiaries report to one centralized individual. We believe that having Wu in this role will streamline our operations more efficiently, better service the needs of our customer base and allow us to take advantage of the retail market opportunities for China 3C ahead. He has rich sales management experience and we anticipate that he will have the ability to analyze and enhance the sales structure at our company. We look forward to Wu's future contributions to our business and believe he will play a significant role in our growth ahead.''
''I am very honored to join a great company like China 3C and look forward to working with the rest of the management team to expand future sales opportunities. I intend to utilize my experience working in China's consumer industry to strengthen the Company's overall sales infrastructure and maximize 3C's performance at leading consumer electronic retail outlets in Eastern China,'' commented Wu Yong.
About China 3C
China 3C Group is a leading retail chain operating approximately 908 retail outlets in Eastern China. The company specializes in selling 3C products (communication, information technology and digital) in China. Among China 3C's primary attributes is its efficient distribution network and rapid logistics system.
For more info: http://cgse.realpennies.com
April 2, 2008, 2008 -- Columbus Geographic Systems (GIS) Ltd. ("Columbus") (PINKSHEETS: CGSE) today announced they have been approved to use the HP logo for joint marketing activities. This follows the company's earlier announcement that CGSE was selected and approved by the Hewlett-Packard Company (HP) as a partner. This partnership is under the HP Developer & Solution Partner Program.
The terms of the partnership include development and technical support as well as marketing and sales activities. The company's website has also been updated to reflect this new partnership, and can be seen at www.columbusgis.com .
"This partnership with HP opens many new opportunities for our company," says Columbus CEO, Tsvika Freidman. "We have already identified several areas for cooperation, and look forward to working closely with HP. We will update our shareholders on new developments from this exciting partnership with a leading company as HP."
About Columbus Geographic Systems
Columbus Geographic Systems (GIS) Ltd. is a rising player in the field of geographic information systems (GIS) and navigation applications. The Company brings advanced software capabilities to a wide range of users and devices, previously only accessible to trained professionals on dedicated devices.
Main products: - Highly-effective off road, outdoor GPS navigation tools, working on a full range of devices including Car PC, PDA, and Personal Navigation Devices (PND), with options for 3D imaging.
Mar 31, 2008 -- Strict regulations are limiting the amount of time trucks can idle to as little as three minutes in some states and, as a result, trucks are relying more on back-up power to run heaters, air conditioners, entertainment and communication devices when drivers are at rest. Delphi Corp. (PINKSHEETS: DPHIQ) is ready to provide commercial vehicle manufacturers with a battery monitoring device to help manage the additional power load placed on the battery in this situation.
The Delphi Battery Monitoring Device combines an innovative IVT sensor with software that calculates the battery state of health (SOH) and state of charge (SOC) and will alert drivers to batteries that are in need of replacement or charging. It helps ensure optimal battery performance, making more electronics possible while ensuring sufficient power for starting the engine. When integrated into a vehicle as part of active battery management, the Delphi Battery Monitoring Device can also help improve fuel efficiency and extend battery life.
"Without the use of their engines, commercial vehicle drivers must rely on back-up power sources to remain comfortable and connected during rest stops. Traditional methods of determining battery SOC by measuring voltage do not provide the high level of accuracy, range of measurement and resolution that Delphi's Battery Monitoring Device provides," Paul Falete, commercial vehicle customer business unit director, Delphi Packard Electrical/Electronic Architecture, said.
"For commercial vehicle drivers trying to do their jobs in harsh weather conditions, this extremely precise information is helpful in allowing them to get proper rest on the road while complying with no-idle regulations to improve air quality and lessen the vehicle's overall environmental impact."
Delphi's Battery Monitoring Device features Local Interconnect Network (LIN) or Controller Area Network (CAN) interface for data and diagnostic communication. It is mounted on the negative battery post or in a pre-fuse box on the battery, and is designed for use in passenger and commercial vehicles beginning with model year 2010. It can also be adapted for use in off-road vehicles and the marine industry.
Delphi Electrical/Electronic Architecture delivers power and signal distribution networks for today's increasingly complex vehicles. Delphi engineers act as master architects by using proprietary design tools and software to create a virtual model of a vehicle's E/E architecture -- down to the last connector, electrical center, electronic module and wiring harness. In doing so, they evaluate the impact of various trade-offs to deliver a fully optimized E/E architecture system backed by Delphi technical centers and manufacturing facilities in 31 countries around the globe.
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Apr 01, 2008 -- GREM USA (PINKSHEETS: GRMU) ("GREM," "the Company"), an emerging leader in the design and manufacturing of custom hand-crafted and electric guitars, today announced that the Company will be featured in a future issue of Premier Guitar Magazine ("Premier"), the industry's only complete and fully accessible online guitar magazine.
The Company was recently notified by Premier's publisher of the desire to produce a feature-story on GREM USA and its line of acclaimed guitars. Considering Premier's high-quality articles, industry insight, and strong electronic circulation, GREM USA has accepted the invitation to be featured in Premier Guitar and has invited Premier staff to the Company's production facility in Fort Wayne, Indiana. According to figures published on the Premier website, the magazine's February issue garnered more than 34,000 visits and over 330,000 page views. PremierGuitar.Com, which hosts the magazine, reported over 775,000 visits in the same time period.
GREM USA President, Edward Miers, praised Premier for its contributions to musicians worldwide. "As music enthusiasts ourselves, we've had a chance to check out many of the issues over the past year and have been nothing short of impressed. With artist interviews, how-to clinics, and exclusives on the latest gear from the top manufacturers which now include GREM -- we think it's a tremendous publication. By offering the magazine freely online, Premier is able to reach a vast audience from all over the world. Tens of thousands of musicians will soon be introduced to what we believe is the world's finest guitar, and we look forward to the opportunity to share our story with Premier and its readers."
About Premier Guitar
Premier Guitar is a monthly publication that is dedicated to the "relentless pursuit of tone" and is edited for serious and accomplished players. The magazine provides gearheads with the resources to help them evolve into better artists and, ultimately, to develop and improve their tone. The magazine, published by Gearhead Communications, is based in Cedar Rapids and Fort Dodge, Iowa. The Company's online portal, www.premierguitar.com, serves its online visitors that read, and in some cases, print that month's entire issue of Premier Guitar via its unique page turning software.
About GREM USA
GREM USA is a publicly traded company focusing on the design and manufacturing of custom hand-crafted and electric guitars.
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Apr 02, 2008 -- KANA Software Inc. (PINKSHEETS: KANA), a world leader in multi-channel customer service, today announced selected preliminary financial results for the first quarter ended March 31, 2008.
Based on preliminary, unaudited financial results, KANA currently expects to report total revenue ranging between $17.5 million to $17.9 million for the first quarter of 2008. This compares to total revenue of $13.0 million reported in the first quarter of 2007. License revenue is expected to range between $5.3 million to $5.5 million for the first quarter of 2008. This compares to license revenue of $3.6 million reported in the first quarter of 2007.
KANA also expects to report positive cash flow from operations for the first quarter of 2008 and expects to report cash and cash equivalents of approximately $5.3 million at March 31, 2008 as compared to $4.3 million reported at December 31, 2007.
Results for the first quarter will be released following the close of the market on Wednesday, May 7, 2008. In conjunction with this, KANA will conduct a conference call with Michael S. Fields, Chief Executive Officer, and Michael J. Shannahan, Chief Financial Officer, at 1:30 p.m. PDT (4:30 p.m. EDT) on May 7, 2008 to discuss first quarter 2008 results. To listen to the conference call live, or to listen to a replay, please visit the investor relations portion of the KANA website at www.kana.com.
All statements relating to KANA's first quarter ended March 31, 2008 financial performance contained in this news release are preliminary and may change based on the completion of the quarterly closing and review by KANA's independent registered public auditing firm.
About KANA
KANA is a world leader in multi-channel customer service. KANA's integrated solutions allow companies to deliver consistent, managed service across all channels, including email, chat, call centers and Web self-service, so customers have the freedom to choose the service they want, how and when they want it. KANA's clients report double-digit increases in customer satisfaction, while reducing call volumes by an average of 20%. KANA's award-winning solutions are proven in more than 600 companies worldwide, including approximately half of the world's largest 100 companies.
April 1, 2008 -- The U.S. House of Representatives passed a new energy bill which re-authorizes incentives encouraging construction of wind and solar power projects and also introduces important new measures to improve energy conservation. The U.S. Renewable Energy and Energy Conservation Tax Act of 2008 was passed with bi-partisan support in the House in a 236 to 182 vote.
The wind and solar industry associations have lobbied hard to extend the tax credits which have spurred record growth in both industries over the past five years. Many analysts view the extension as necessary for wind and solar companies to compete on a level playing field. Analysts at Merriman Curhan Ford & Co issued a buy rating for Akeena Solar (Nasdaq: AKNS), the nation's leading installer of solar systems. Janco Partners upgraded Evergreen Solar (Nasdaq: ESLR) from market-perform to buy.
For more info: http://ncen.realpennies.com
CNBC guest analyst Francis Gaskins put a new higher $4.00 target on wind company NACEL Energy (PINKSHEETS: NCEN). NACEL Energy develops utility class wind power and just announced two new Texas projects -- Blue Creek, a 20-megawatt facility north of Amarillo, TX and Channing Flats, a 20-megawatt project in Moore County, TX.
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