News / Business
WORLDWATER & SOLAR TECHNOLOGIES CORP. (OTCBB: WWAT); ENTREMETRIX, INC. (OTCBB: ERMX); NEWMARKET TECHNOLOGY, INC. (OTCBB: NMKT); ZAP (OTCBB: ZAAP); ICP SOLAR TECHNOLOGIES, INC. (OTCBB: ICPR)
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WORLDWATER & SOLAR TECHNOLOGIES CORP. (OTCBB: WWAT)
WorldWater & Solar Technologies Corp. closed at $1.86 Thursday, trading 4,923,057 shares
Company News- July 05, 2007: WorldWater & Solar Technologies Corp. and ENTECH, Inc. Start Engineering for New Production Line of Concentrator Panels, Companies' Cooperative Effort Precedes Final Closure of Acquisition, Which Awaits Authorization of Additional Shares Expected in August/September 2007
WorldWater & Solar Technologies Corp. (formerly WorldWater & Power Corp.), developer and marketer of proprietary high-power solar systems, announced that the Company and ENTECH, Inc. have begun engineering procedures for the manufacturing line of ENTECH panels at their headquarters in Keller, TX for delivery of product in early 2008. Full closure of the acquisition of ENTECH by WorldWater cannot take place until new shares are authorized at the forthcoming Special Shareholder meeting anticipated in late August/September 2007.
"We are together in our efforts to meet manufacturing goals and timelines," said Quentin T. Kelly, Chairman and CEO of Worldwater & Solar Technologies Corp., also speaking for Dr. Walter Hesse, CEO of ENTECH, Inc. "We are undertaking these actions in anticipation of the closing by end of summer."
About ENTECH, Inc.
ENTECH provides advanced solar energy technology for a variety of applications, ranging from daylighting systems for commercial buildings to solar power arrays for spacecraft. The company's patented solar power systems produce electricity from sunlight for applications on Earth (terrestrial power) and in space (spacecraft power). ENTECH's Fresnel lenses capture sunlight and focus it onto small solar cells, thereby reducing electricity costs compared to conventional flat-plate (planar) solar energy approaches. Additional information can be found at www.entechsolar.com.
About WorldWater & Solar Technologies Corp: (OTCBB: WWAT)
WorldWater & Solar Technologies Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's electricity and water supply problems. For more information about WorldWater & Solar Technologies Corp., visit the website at www.worldwater.com.
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ENTREMETRIX, INC. (OTCBB: ERMX)
EntreMetrix, Inc. closed at $0.18 Thursday, trading 1,225,978 shares
Company News- July 05, 2007: EntreMetrix Prepares to Launch Portfolio Support Tools
EntreMetrix, Inc. announced its plan to launch important digital support tools for the benefit of its portfolio companies.
EntreMetrix investment in proprietary tools include hosted solutions for sales force automation, general ledger accounting and employee administration. These technologies will also emerge as business services for non portfolio small business clients to become independent profit centers.
EntreMetrix CEO Scott W. Absher added to the introduction of the Company's plan stating that, "Our technology tools have been a central part of own internal support and our continued investment in their development has been with the intent of extending real time support and guidance for our portfolio companies."
EntreMetrix plans to develop a number of portfolio investment scenarios in its quest to increase the Company's net asset value. The Company intends to accelerate its Business Development platform by using its expertise in capital formation, strategic growth and public market entry to the benefit of its eligible portfolio companies. EntreMetrix' expertise provides unique advantages for its eligible portfolio companies, including the possibility of creating a liquid market for the companies' securities. The Company's plan includes equity distribution of each portfolio company to EntreMetrix shareholders of record at the time of a public market entry of the Company's portfolio investments.
About EntreMetrix (OTCBB: ERMX)
Based in Irvine, California, EntreMetrix is a Business Development Company, regulated under the Investment Company Act of 1940, and a provider of essential structural and financial support services to small business clients throughout the United States. The Company's structural support services create value for clients by providing expertise in the areas of employee and financial management eliminating the need for clients to manage non-core functions. For more information on EntreMetrix, Inc., visit the company's Web site at www.entremetrix.com.
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NEWMARKET TECHNOLOGY, INC. (OTCBB: NMKT)
NewMarket Technology, Inc. closed at $0.315 Thursday, trading 1,974,046 shares
Company News- July 05, 2007: NewMarket Technology, Inc. CEO Interviewed by Wallst.net Featuring Company's Emerging Market Growth in Asia and Latin America to over $100 Million in Annual Sales, Interview Highlights Wireless Broadband and VoIP in Emerging Markets
NewMarket Technology, Inc. announced CEO Philip Verges' recent interview with Wallst.net is now available online. The interview focuses on NewMarket's rapid emerging market expansion in Asia and Latin America through an innovative business model that combines the sale and support of both incumbent brand name technologies and new technologies that compliment and enhance incumbent brand name technologies. NewMarket delivers standard technology solutions from incumbent brands such as Cisco Systems (Nasdaq: CSCO), Microsoft (Nasdaq: MSFT) and Sun Microsystems (Nasdaq: SUNW) and, at the same time, introduces innovative new technology solutions such as VoIP delivered across a wireless broadband network. The company provides VoIP and wireless broadband through its subsidiaries IP Global Voice, Inc. and RedMoon Broadband. NewMarket reported $77.6 million in revenue with $5.8 million in net income in 2006. The Company has set its sights on achieving $120 million in profitable revenue for 2007.
Rapid Revenue Growth Noted by Deloitte and Touche Award.
NewMarket Technology ranked fifth on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. This is the third consecutive year that NewMarket has been ranked on Deloitte's Technology Fast 500.
NewMarket rated "Outperform" with a target price of $.88 Compared to Current $0.30 by Beacon Equity Research Analyst, Lisa Springer, CFA
In the report, the analyst writes, "NewMarket Technology, Inc. provides software solutions to the Internet telephony industry. It is an emerging technology incubator for the next generation of tech companies, providing consulting and computer programming services mainly to the telecom industry. The Company is a major provider of VoIP services, healthcare practice management software, defense industry system solutions, and voice mail and messaging services. Other areas of strength include prepaid long-distance calling card services; corporate long-distance, fax, and data networking services; e-commerce communications services for businesses selling products and other Internet-related services."
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Other companies in the Internet telephony market include AT&T (NYSE: T), Nortel Networks (NYSE: NT), Avaya Inc. (NYSE: AV) and Vonage Holdings (NYSE: VG).
About RedMoon Broadband
NewMarket's Texas-based subsidiary, RedMoon Broadband, is a leader in municipal Wi-Fi and has designed, engineered and deployed wireless mesh network solutions providing high-speed Internet service, security surveillance, automatic water meter reading and mobile broadband for municipalities, including Addison, Texas, home to major corporations such as Mary Kay, Pizza Hut and Palm Harbor Homes. Additionally, RedMoon and Chevron Energy Solutions, a business unit of Chevron Corporation, deliver service through the companies' SkyPilot mesh network to the 10-square-mile City of Burleson, Texas, supplying an automatic water metering program to more efficiently track consumption, curb water loss and increase revenues. Automatic Meter Reading (AMR) technology will enable Burleson to reduce meter-reading costs, improve the accuracy of readings, support water conservation efforts and raise the level of customer service.
About IP Global Voice, Inc.
NewMarket's VoIP subsidiary, IP Global Voice, continues to expand its business service and product offerings to offer a full range of managed IT services for small, medium and large commercial customers. IPGV, with operating divisions Corsa Network Technologies and XIPTEL Communications, offers full end-to-end IP-based solutions for business customers, including hosted and premise-based VoIP telephone systems, IP PBX hardware and managed systems solutions, high-end network security technologies, and other cutting edge network and productivity enhancement products. IP Global Voice, Inc. offers dozens of other products and services for every business need having partnerships with high profile companies such as Digium/Asterisk, 3Com, Riverbed, Juniper Networks, Ae6, Bradford Networks, Mirapoint, Tipping Point, and others.
About NewMarket Technology, Inc. (OTCBB: NMKT)
NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions such as Microsoft, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment by independently listing consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends. Currently, NewMarket Technology is the parent company to two publicly listed regional subsidiaries, NewMarket Latin America, Inc. (OTC: NLAI) and NewMarket China, Inc. (OTCBB: NMCH). NewMarket ranked Number Five on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005. In 2006, the company continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million.
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ZAP (OTCBB: ZAAP)
ZAP closed at $0.99 Thursday, trading 565,649 shares
Company News- July 05, 2007: As Oil Prices Pass $70, ZAP Electric Vehicles Zoom
Sales for electric vehicles from ZAP are taking off faster than predicted. Initial supplies of the ZAPPY3 and Zapino scooters have now sold out and ZAP estimates a 4-week waiting list.
"We have increased our orders and the new shipments are expected by the end of July," said ZAP CEO Steve Schneider.
With gas reaching an all-time high in June, ZAP an alternative transportation company based in Santa Rosa, California says interest for all of its electric vehicles have increased beyond their expectations. The Zapino, a new motorbike design introduced last month, sold out in just over two weeks. Likewise, ZAP's ZAPPY3 line of personal electric transporters sold out during one of the busiest buying seasons of the year.
"The price of fossil fuels is one of the most important reasons why ZAP exists - to provide alternatives," said Schneider. "As we celebrate Independence Day, I think we should revisit the idea of energy independence that can be so important to the U.S. economy. EVs can even help with your own personal finance."
Schneider noted that electric vehicles typically cost a fraction of gas vehicles. ZAP's electric XEBRAs cost between one and three cents a mile, compared to more than 20 cents a mile for conventional automobiles.
Schneider cited recent reports that more than 60 percent of the oil used in the USA is now imported. In the USA, about 25 barrels of oil per person are consumed each year, and 15 of those barrels are imported. At an average cost of $70 per barrel, the imported oil costs more than $1,000 per person per year. The U.S. has just three percent of the known world oil reserves, yet we use 25 percent of the world's oil.
"In order to end our country's addiction to oil and combat global warming, we must focus on real solutions like increasing vehicle fuel efficiency and increasing our use of electric cars," said Schneider.
ZAP is working to create an online advance order system. To place an order, visit http://www.zapworld.com.
About ZAP (OTCBB: ZAAP) ZAP has been a leader in advanced transportation technologies since 1994, delivering over 90,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. The Company recently launched a new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.
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ICP SOLAR TECHNOLOGIES, INC. (OTCBB: ICPR)
ICP Solar Technologies Inc. closed at $3.20 Thursday, trading 138,900 shares
Company News- July 05, 2007: ICP Solar Expands Solar Power Partnership with Amazon.com World's Largest Online e-tailer Selects Cutting Edge Plug&Play Solar Chargers
ICP Solar Technologies Inc. a developer, manufacturer and marketer of solar cells and products, announced that it has expanded its partnership with Amazon.com, the world's largest online retailer, by enlarging the range of Sunsei Branded and Coleman solar charger products available at Amazon.com.
"We spent the last six months helping Amazon to roll out a superior solar panel program, specifically designed and manufactured for Marine and RV enthusiasts. The partnership between Amazon.com and ICP Solar is longstanding ,and we are proud to say that they have selected us as partner for the 2007 season with a view to continued double digit growth in this exciting green category," said ICP Solar CEO and Chairman, Sass Peress.
This full line includes now more than 20 mobile solar chargers designed for outdoor enthusiasts to provide backup or primary power for vehicles such as automobiles, boats, RVs and also for remote back-up power applications with the highest level of quality and reliability in the market. All of the ICP Solar chargers come with Plug'n'Play for quick connections, several adaptors for different applications and ICP Solar's superior customer service and warranty protection.
"We design solar experiences for our green customers and we want to make it simple and enjoyable", adds Laurent Lafite, ICP Solar's Vice President of Marketing and Global Strategy. "We want to embrace the outdoor experience into a completely peaceful one with the help of our advanced and attractive solar powered solutions. When you are reading a book on deck, or relaxing in friendly remote area, the last thing you want to hear is the generator or smell the smoke of a running motor to keep the batteries charged. The solar stories of our customers must be second to none".
About Amazon.com:
Amazon.com, Inc., (NASDAQ: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com, Inc. seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
About ICP Solar Technologies, Inc. (OTCBB: ICPR)
ICP Solar is a developer, manufacturer and marketer of solar cells and solar cell based products and building materials. Through the application of next-generation technologies and use of proprietary intellectual design the Company aims to be the industry's innovation leader. For the past 19 years, ICP Solar has led the consumer market through innovation and has now begun to apply that same philosophy to the OEM, rooftop and power generation segments of the solar industry. ICP Solar's management has over 50 years of experience in the solar energy sector. The company's headquarters are located in Montreal, Canada, and additional locations in the USA, Spain, Ireland and France. Corporate information may be found at www.icpsolar.com
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