10/1/09 10/2/2009 2:31:23 AM
News / Finance

Penny Stocks Breaking Out Glowpoint, Inc. (OTCBB: GLOW)

Proper Power & Energy, Inc. (OTCBB: PPWE)

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Glowpoint, Inc. (GLOW), a leading provider of advanced video communications solutions, today announced a new interop service that enables businesses to seamlessly connect Cisco TelePresence Rooms with standards-based telepresence and traditional video conferencing systems, which were formerly incompatible. Defined as “interoperability as a service” (IaaS), the service is now available upon request to businesses around the world. Howard Reingold, Glowpoint’s director of product management said, “Just this week, we successfully conducted a multi-point interop call for a multi-billion dollar company that wanted to connect Cisco TelePresence with Polycom telepresence, as well as a Tandberg HD video conferencing system, from locations in different continents on disparate IP networks. We achieved this by using Glowpoint’s TEN B2B exchange, combined with our Interop service, managed by our experienced VNOC service team.” In the last trading session, the stock closed at $.60.  The company opened higher and traded to $0.69 on three times the average trading volume.

 

Proper Power & Energy, Inc. (PPWE) announced on Monday the Company has purchased primary source data seismic results covering the Company's leased oil and gas prospect area and curtilage in the state of Utah. "With the new seismic data added to the existing geographic, geological and geophysical data, the Company will be in a better position to determine more accurately where to commence drilling," stated Joe Abdo, President of Proper Power & Energy. "In turn, the seismic data, along with the existing data, will save the Company time and money." The company has been in a positive uptrend since the announcement. In the prior trading session, the stock closed at $0.25. The company resumed its upward momentum trading to $0.34 today on above average trading volume.

 

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