Winston-Salem 1/21/2010 9:27:31 PM
News / Business

SmallCapReview - Stocks to Watch - WZE, AMZN, ORCL, C

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Wizzard Software (NYSE Amex: WZE ) $0.33 and Communications and Power Engineering Inc., today jointly announced they have signed a long-term agreement for Wizzard to provide AT&T Natural Voices text-to-speech to be the new voice of the NOAA/NWS Weather and Warning Services, in support of the Weather Radio Improvement Program (WRIP) that was awarded to CommPower in 2009.


The WRIP consists of a 3-year base period and 2 years of follow-on maintenance ($22.3 million total), whereby CommPower, with teammate Harris Corporation, will develop and deploy a nationwide (and beyond) dissemination system that rapidly and reliably delivers around-the-clock weather, all-hazards and other emergency information, as well as live audio emergency announcements to the public, media, law enforcement and local/state emergency managers. The Program will enhance the U.S. Department of Commerce (DOC), National Oceanic and Atmospheric Administration (NOAA), National Weather Service (NWS) that provides weather forecasts, watches, warnings, and other emergency messages to the public and emergency managers via the NOAA Weather Radio/All-Hazards (NWR) system and NOAA Weather Wire Service (NWWS).


What They Do: Founded in 1996, Wizzard Software has become a leader in providing high quality speech technologies to the development community. Wizzard architects solutions to business problems using its expertise in consulting, speech development tools and building speech based applications for the Desktop and Internet.



Amazon (Nasdaq: AMZN) $125.78. Today announced that it is inviting software developers to build and upload active content that will be available in the Kindle Store later this year. The new Kindle Development Kit gives developers access to programming interfaces, tools and documentation to build active content for Kindle—the #1 bestselling, most wished for, and most gifted product across all categories on Amazon.


What They Do: Amazon.com, a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection.


Oracle Corporation (Nasdaq: ORCL) $25.06. Today announced that it will host a live event for customers, partners, press and analysts on January 27, 9:00 AM - 2:00 PM PT, at its headquarters in Redwood Shores, California. Oracle CEO Larry Ellison, along with executives from Oracle and Sun, will outline the strategy for the combined companies, product roadmaps, and how customers will benefit from having all components -- hardware, operating system, database, middleware, and applications -- engineered to work together. The event will be broadcast globally.


What They Do: Oracle is the world's largest enterprise software company.


Citigroup Inc. (NYSE: C) $3.46. Today announced the commencement of an offer to purchase for cash any and all of the series of its notes. The Notes have an aggregate principal amount outstanding of approximately $7.32 billion, based on U.S. dollar exchange rates as of January 20, 2010. This action is part of a liability management strategy that utilizes excess cash to retire generally older vintage debt nearing maturity and is expected to have no impact on Citi’s structural liquidity.


What They Do: Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries.


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