Dallas 5/7/2012 10:11:15 PM
News / Finance

ASTC, NTWK, DOMK are included in our Midday Stock Report

PennyTrader.com Presents Today’s Midday Stock Report: ASTC, NTWK, DOMK

Astrotech Corporation (Nasdaq:ASTC) reached up 23.16% in morning trading to $1.17 with 220K shares traded. Astrotech is one of the first space commerce companies and remains a strong entrepreneurial force in the aerospace industry. They are leaders in identifying, developing and marketing space technology for commercial use. Their ASO business unit serves our government and commercial satellite and spacecraft customers with pre-launch services on the eastern and western range. 1st Detect Corporation is developing what they believe is a breakthrough miniature mass spectrometer, the MMS-1000(TM), while Astrogenetix, Inc. is a biotechnology company utilizing microgravity as a research platform for drug discovery and development. Astrotech Corporation (Nasdaq:ASTC - News) today announced financial results for its fiscal year 2012 third quarter ended March 31, 2012. GAAP results: net income of $1.0 million, or $0.05 per diluted share for the quarter ended March 31, 2012; Astrotech Space Operations ("ASO"), the Company's core business, supported two missions which launched in the third quarter 2012, the U.S. Navy's Mobile User Objective System (MUOS-1) and the U.S. Air Force's Wideband Global Satcom (WGS-4); 1st Detect introduces the MMS-1000(TM) Miniature Mass Spectrometer and completes its first product sale in the third fiscal quarter of 2012

NetSol Technologies, Inc. (Nasdaq:NTWK) reached up 10.87% in morning trading to $.5987 with 1M shares traded. NetSol Technologies, Inc. is a worldwide provider of global IT and enterprise application solutions that include credit and finance portfolio management systems, SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Leasing, Insurance, Energy, and Technology markets. Headquartered in Calabasas, Calif., NetSol's product and services offerings have achieved ISO 9001, ISO 20000, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by only 178 companies worldwide. The company's clients include Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies. NetSol has delivery and support locations in San Francisco, London, Beijing, Bangkok, Lahore, Adelaide and Riyadh. NetSol Technologies, Inc. (Nasdaq:NTWK - News) today reported financial results for its fiscal 2012 third quarter ended March 31, 2012. The company drove continued sequential quarterly revenue growth in the third fiscal quarter, increasing 23% to $10.6 million, representing one of the company's strongest quarters to date. This compared with $8.6 million in the preceding quarter, and $6.2 million in the fiscal 2012 first quarter.

Domark International Inc. (OTCBB:DOMK) reached up 9.55% in morning trading to $1.95 with 300K shares traded. DoMark International, Inc., through its wholly owned subsidiary, SolaWerks, Inc., is dedicated to revolutionizing the efficiency and capabilities of a new generation of mobile devices. They only acquire and develop energy-efficient technology poised to potentially generate tremendous profits. It is their mission to become a leader in the emerging and ultra-profitable mobile device accessories market. Domark International Inc. (OTCBB:DOMK.OB - News) disclosed today the recent study by Chitka showing that iPads represent 94.64% of all online tablet traffic is seen by management as a big positive for the future of its wholly-owned subsidiary Solawerks’ new “Solapad” product. The revolutionary new Solapad product is an ever-charging solar and battery system that fits all versions of the Apple (NASDAQ: AAPL - News) iPad. Once an iPad is placed into a Solapad sleeve, there is theoretically no reason to ever plug the iPad into any wall-mounted charger again.

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