Turning Pennies into dollars: (OTCBB: XOHO), (OTCBB: VCST), (OTCBB:KYUS), (OTCBB:FMMH).
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(OTCBB:XOHO) XO Holdings, Inc.
Berlin Packaging Selects XO Communications for Nationwide MPLS IP-VPN Solution
LAST $0.70 USD
Monday May 5, 8:00 am ET
HERNDON, VA-May 5, 2008 - XO Communications recently announced that it has been selected to provide a converged IP voice and data wide area networking solution for Berlin Packaging, North America's premier stocking supplier of glass, plastic and metal containers and closures to various markets including the chemical, automotive, food and personal care industries.
XO Communications will provide a fully managed Multiprotocol Label Switching -based Internet Protocol Virtual Private Network solution connecting 17 Berlin Packaging locations across 11 states, including the company's headquarters and data center operations. Berlin Packaging will utilize both XO MPLS IP-VPN and XO IP Flex with VPN to create a more scalable wide area networking solution that provides faster data speeds, establishes a Class of Service-aware IP network to support the company's migration to voice over IP, and delivers improved cost-efficiencies by converging voice and data traffic over a single IP network infrastructure.
"We needed a converged voice and data network solution that could quickly and securely support our migration to voice over IP and scale to meet the growth of our business," said Steve Canter, Chief Information Officer, Berlin Packaging. "The enterprise-class solution and support offered by XO will provide us with a flexible and reliable network to help us operate more efficiently and continue to offer our customers the best support."
A key advantage of the XO solution for Berlin Packaging is the ability to connect all of its current and future locations regardless of size over a single IP/MPLS network infrastructure with robust Class of Service capabilities, maximizing cost savings and network performance. Berlin Packaging will benefit from the ability to utilize XO MPLS IP-VPN to connect its larger sites with its smaller locations using XO IP Flex with VPN.
"With more than $340 million in annual sales, Berlin Packaging has established itself as the premier packaging company in North America and with its rapid growth, networking has become central its operations and customer service," said Brian Law, sales vice president for the central region at XO Communications. "We're very pleased that Berlin Packaging has selected XO and we look forward to supporting their continued success and expansion."
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(OTCBB:VCST) ViewCast.com, Inc.
ViewCast Corporation to Report 2008 First Quarter Financial Results
LAST $0.33 USD
Monday May 5, 6:00 am ET
Conference Call Also Scheduled
PLANO, Texas, May 5 - ViewCast Corporation , a leading developer of hardware and software for encoding live and on-demand audio and video content for streaming over Internet, corporate and mobile networks, will release before the market opens on Thursday, May 15, 2008, financial results for the first quarter ended March 31, 2008.
A conference call with management is scheduled for 11 a.m. EDT on May 15 to discuss the Company's financial results, business strategy and outlook for 2008. The call may be accessed by dialing 800-762-8779 five minutes prior to the scheduled start time and referencing ViewCast. For callers outside the United States, dial 480-248-5081.
A live web cast of the call will also be available at http://www.viewcast.com/irconferencecall. An archive of the webcast will be available at the same web page beginning approximately 30 minutes after the end of the call.
About ViewCast Corporation
ViewCast, a pioneer in the Internet streaming industry, develops and markets hardware and software for processing and managing live and on-demand audiovisual content for streaming over Internet, corporate and mobile networks. ViewCast's award-winning products are utilized worldwide by broadcasters, businesses, governments, content-delivery networks and others. ViewCast is a leader in video capture cards through its Osprey® product line. ViewCast's encoding and streaming platforms, Niagara® Pro and GoStream, incorporate Osprey reliability and performance with its Niagara SCX® control and management software and Niagara SCX SDK development software. ViewCast is partnered with strategic providers of networks, equipment, software, and services for Internet and mobile applications. For more information go to http://www.viewcast.com.
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(OTCBB:KYUS) Kentucky USA Energy, Inc.
Kentucky USA Energy Completes Reverse Merger with KY USA Energy
LAST $1.70 USD
Monday May 5, 8:00 am ET
LONDON, Ky., May 5 - Kentucky USA Energy, Inc. recently announced that it has consummated a reverse merger with KY USA Energy, Inc., a privately held Kentucky corporation. Kentucky USA Energy will continue to implement KY USA Energy's business plan and will retain KY USA Energy's senior management, led by Steven D. Eversole, CEO and Sam Winer, CFO.
Commenting on the announcement, Kentucky USA Energy's new CEO, Steven D. Eversole, said, "The successful completion of the merger represents a major milestone for Kentucky USA Energy, positioning the company for accelerated growth. We are excited about the future of our company. We expect that the corporate visibility provided by this merger will lead to and enable us to complete certain financings and leasehold acquisitions, allowing us to accelerate our drilling and development activities."
Under the terms of the merger agreement, KY USA Energy's shareholders will receive shares of Kentucky USA Energy in exchange for their shares of KY USA Energy.
About Kentucky USA Energy, Inc.
Kentucky USA Energy is a publicly held, independent energy company whose principal activities are to acquire, explore and develop oil and gas resource properties, with a primary focus initially on shale gas in the Illinois Basin in western Kentucky. More information about the Company may be found at www.kusaenergy.com.
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(OTCBB:FMMH) Fremont Michigan InsuraCorp, Inc.
Fremont Michigan InsuraCorp, Inc. Reports First Quarter 2008 Results Highlighted by 37.5% Increase in Net Income
LAST $18.66 USD
Monday May 5, 7:00 am ET
FREMONT, Mich., May 5 - Fremont Michigan InsuraCorp, Inc. reported net income increased 37.5% for the first quarter 2008 to $1,104,000, or $.63 per share, compared to net income for the first quarter 2007 of $803,000 or $.46 per share. Underwriting profit increased 39.4% to $817,000 for the first quarter 2008 compared to $586,000 for the first quarter 2007. Stockholders' equity increased to $39.7 million or $22.98 per share at March 31, 2008 compared to $39.4 million or $22.82 as of December 31, 2007.
"Fremont Insurance continues to provide exceptional top line growth in the highly competitive Michigan marketplace. Risk selection within our target markets by our agency partners coupled with sound internal underwriting, provides the framework for improvement in the comparative net income," said Richard E. Dunning, President and CEO.
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