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Apple announced that more than 1 million copies of Safari(TM) for Windows were downloaded in the first 48 hours since the free public beta was made available on Monday. Safari 3 is the world's fastest and easiest-to-use browser, and is available as a free download at www.apple.com/safari.
SmarTire Systems Inc. (OTCBB: SMTR), up 78% on 45 million shares, announced yesterday that revenue for the nine months ending April 30, 2007 increased to $2,731,557 from $2,627,617 for the nine months ended April 30, 2006 and revenue for the third quarter of fiscal year 2007 decreased to $933,113 from $1,195,136 for the same period in 2006.
Earth Biofuels, Inc. (OTCBB:EBOF), up 64% on 5 million shares, yesterday affirmed the Company's 2007 plan for sustainable growth. The Board-approved plan presents, in management's opinion, an achievable path to profitability for the Company and its U.S. focused biofuels and alternative fuels businesses.
Luna Innovations Incorporated (NASDAQ:LUNA), up 24% on 3 million shares, announced yesterday that it has entered into an IP licensing, development, and supply agreement with Intuitive Surgical, Inc. (NASDAQ: ISRG), the global technology leader in robotic-assisted minimally invasive surgery (MIS). Under the terms of the multi-year agreement, Luna will develop and supply its fiber optic-based shape sensing and position tracking system for integration into Intuitive Surgical's products, which includes the da Vinci(R) Surgical System.
Clearwire Corporation (NASDAQ:CLWR), up 23% on 12 million shares, reported yesterday distribution agreements with DIRECTV (NYSE:DTV) and EchoStar Communications Corporation (NASDAQ:DISH). The distribution agreements enable both satellite companies to offer Clearwire's high-speed Internet service to their customers and contemplate that Clearwire in turn will be able to offer the video services of one or both satellite companies to its customers. This is expected to enable each of the three companies to offer high-speed Internet, video and voice in all current and future Clearwire markets. The launch is planned for later this year.
Petel Incorporated (OTC: PTEL), down 20% on 1 million shares, announced yesterday that they are in the final stages of a Business Combination with UK broadband television technology visionaries a2a Group PLC. A business combination allows the two companies to remain intact, each trading on its respective exchange, whilst pooling resource and capital. Petel Incorporated are overseeing the final UK legal requirements to effect the transaction. On completion, the previously detailed 1-for-1 share exchange will be actioned. It is anticipated this will be no later than week commencing 2nd July 2007.
As the saying goes...follow the money!
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