Austin, Texas 11/14/2007 12:24:30 AM
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AVISTAR COMMUNICATIONS CORPORATION (NASDAQ: AVSR) "Up 40.62% on Monday"
Avistar Communications Corporation develops, markets, and supports a suite of vBusiness video-enabled eBusiness applications in the United States, Europe, and Asia. The company offers networked video communications software and hardware products and services. Its products include applications for interactive video calling, content creation and publishing, broadcast video, and video-on-demand, as well as data sharing, directory services, and network management. Avistar Communications also provides various services for installation, design, and adoption of its video communications products. The company, through its subsidiary, Collaboration Properties, Inc., engages in the prosecution, maintenance, support, and licensing of the intellectual property that company develops. In addition, it provides software development, consulting, implementation, training, maintenance, and support services. Further, the company licenses its technology and patents to companies in the video conferencing market. Avistar Communications sells its system directly to enterprises primarily in the financial services industry. The company was founded in 1993. It was formerly known as Avistar Systems Corporation and changed its name to Avistar Communications Corporation in 2000. The company is headquartered in Redwood Shores, California.
AVSR News:
November 12 - Avistar Communications Announces Intended Share Purchases by Founder and Chairman
Avistar Communications Corporation (NASDAQ: AVSR), a provider of unified visual communications solutions, announced that Dr. Gerald Burnett, the company's CEO, founder and Chairman of the Board of Directors, intends to purchase additional shares of Avistar's common stock in the open market during the balance of the month of November, with instructions to his broker to conform all purchases to the requirements of Rule 10b-18 of the Securities Exchange Act of 1934.
"I believe that the current price of our shares does not reflect the appropriate valuation of the company. I will be entering the market to acquire shares during this current "open trading window", demonstrating my own confidence in the prospects of the company".
Dr. Burnett currently owns, through a family trust, approximately 14.8 million shares of Avistar's common stock, or approximately 43% of the outstanding shares.
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AMERITYRE CORPORATION (NASDAQ: AMTY) "Up 35.71% on Monday"
Amerityre Corporation engages in the manufacture, marketing, distribution, and sale of flatfree specialty tires and tire-wheel assemblies in Nevada. The company offers various lines of polyurethane foam tires for bicycles, wheelchairs, and outdoor power equipment products, as well as for lawn and garden products, such as wheelbarrows and hand trucks. It also develops polyurethane elastomer tires for heavy-use applications. The company was founded in 1995 as American Tire Corporation and changed its name to Amerityre Corporation in 1999. Amerityre Corporation is based in Boulder City, Nevada.
AMTY News:
November 12 - Amerityre Successfully Completes FMVSS Testing on Its Arcus(R) Polyurethane Run-Flat Tire Design
Amerityre Corporation (NASDAQ: AMTY), a leading developer of polyurethane elastomer tire technologies, announced that its Arcus run-flat tire design has successfully completed all testing requirements under Federal Motor Vehicle Safety Standard (FMVSS) 139.
"Successful completion of FMVSS 139 testing on our Arcus passenger car tire design has been a high priority for our company," commented Dr. Gary N. Benninger, Amerityre's President and Chief Executive Officer. "With the final endurance-phase testing successfully completed, we are now in a position to begin substantive discussions with companies that have expressed an interest in licensing our technology and to provide them with sample tires."
According to Dr. Benninger, while companies are evaluating sample tires, Amerityre will focus on finishing the design and development of the manufacturing equipment required to produce the polyurethane road tire in commercial volumes. Amerityre's tire manufacturing technology brings significant cost reductions to tire manufacturing. Amerityre estimates that the capital investment required for a potential manufacturer to produce one polyurethane passenger car tire per minute will be less than $10 million. This amount is one-sixth to one-eighth the cost of an equivalent rubber passenger car tire manufacturing line. Amerityre is discussing the construction and installation of a pilot manufacturing facility capable of demonstrating this production capability with potential strategic partners.
Through testing, Amerityre has previously shown that compared to rubber passenger car tires, polyurethane passenger car tires are capable of achieving longer life through improved durability, while their lower rolling resistance also reduces vehicle fuel consumption. Due to its chemical composition and the nature of its polymerization reaction, polyurethane is a much more environmentally friendly material than the rubber it replaces.
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TRIMAX CORPORATION (OTCBB: TMXO) "Up 19.57% on Monday"
Trimax and its wholly owned subsidiary, PLC Network Solutions Inc., are providers of Broadband over Power Line (BPL) communication technologies. Trimax/PLC specializes in the development, distribution, implementation, and servicing technologies that use the power grid to deliver 128-bit encrypted high-speed symmetrical broadband for data, voice, video transmission, and many other carried applications including Digital Signage. BPL is a communications technology that transforms the existing ubiquitous powerline infrastructure and common electrical wiring in commercial and residential buildings into a high-bandwidth network. Broadband is delivered simultaneously on a single platform to every electrical outlet throughout the home or business. To connect, users simply plug a modem into any electrical outlet, and plug their computer, phone, security camera, digital screen or IP device into the modem.
TMXO News:
November 12 - Trimax and Cybersonics Sound Technologies Facilitate Customer Demand for Commercial Music
Trimax Corporation (OTCBB: TMXO), providers of Broadband over PowerLine (BPL) communication technologies and customized web-based retail broadcast and digital signage networks, announced that Cybersonics Sound Technologies has further enhanced its broadcast network offering to clients by entering the commercial music supply business.
Music is a powerful influencer and retailers have long realized the value of enhancing the shopping experience with targeted music to improve its bottom line. This influence can be carried to the point of purchase where over 70% of purchasing decisions are made. The ability for a retailer to relate to customer demographic is essential for the growth of the business, customer loyalty, brand loyalty and repeat visits.
Through its state-of-the-art IP broadcast media and proprietary network management software, Cybersonics delivers real-time control of music and scheduling of custom advertising, information and promotional messages, coast to coast.
Cybersonics is installing its music delivery system into Federated Co-op Stores, who have been a long-time client. Some retailers using Cybersonics VoicePro storecasting systems and professionally produced announcements and branding services include IKEA Stores in Canada and the U.S., Cadillac Fairview and Ivanhoe Cambridge.
Jim Addario, President of Cybersonics Sound stated, "Entering the Commercial Music Supply industry completes our Mall Radio Network offering. In many ways, getting into the Music business parallels our entry into the Digital Signage business. After years of having clients ask if we could supply their music or manage their signage, we finally sourced products that met the standards we demand for our clients. They have to be easy to manage in real time, improve the product offering and be at a price point that works for the client. We anticipate being able to grow Music revenues quickly through our existing customers and sales channels".
Cybersonics Sound Technologies has over a decade of expertise developing proprietary software and hardware communications technology for 'turn-key' web-based corporate broadcast networks. Founded in 1994, Cybersonics provides site-specific, customized, real-time content that enables marketers to brand, target and communicate more effectively with the public using fully integrated Point of Purchase and Multi-Media Marketing Systems. With over a decade of profitable business behind them, Cybersonics operates from its offices and digital studios in Mississauga, Ontario. Cybersonics works in partnership with its clients, from the design, manufacture and installation of systems through the creation, production, scheduling and distribution of media. Trimax recently acquired Cybersonics Broadcast Services proprietary technology through an asset purchase agreement.
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ELECTRO ENERGY (NASDAQ: EEEI) "Up 17.56% on Monday"
Electro Energy, Inc. engages in the research and development of battery technologies in the United States. It developed and patented bipolar cell and battery designs utilizing NiMH chemistry, as well as expanding development to include Li-ion chemistries. Electro Energy also offers commercial products, including components and batteries employing nickel cadmium, nickel hydrogen, and other sintered nickel materials technologies for military and commercial aerospace and satellite applications. Further, the company offers prismatic and cylindrical cell battery products. Its products serve military and space applications; transportation applications, including electric vehicles, hybrid electric vehicles, and plug-in hybrid electric vehicles ranging in size from bicycles to automobiles, trucks, buses, and rail applications; electrical utility power quality and backup power; and power tools, and lawn and garden applications. Electro Energy, formerly known as MCG Diversified, Inc., was founded in 1992 and is headquartered in Danbury, Connecticut.
EEEI News:
November 9 - Electro Energy Inc. to Announce Third Quarter Results on Wednesday, November 14, 2007
Company to Hold Conference Call on Wednesday, November 14, 2007 at 10:00 A.M. Eastern Time
Electro Energy Inc. (NASDAQ: EEEI), a leading provider of advanced battery technologies and associated systems, announced that the Company will release its third quarter results for the period ended September 30, 2007 on Wednesday, November 14, 2007. The Company will hold a conference call on Wednesday morning to discuss the results.
The conference call will take place at 10:00 a.m. Eastern Time. Interested participants should call (866) 541-8090 when calling within the United States or (706) 758-0055 when calling internationally. Please use passcode 24231767.
The playback of the conference will be available commencing two hours after the completion of the call and will be available for 30 days. To listen to the playback, please call (800) 642-1687 when calling within the United States or (706) 645-9291 when calling internationally. Please use passcode 24231767. The call will also be webcast and will be available on the Company's web site at www.electroenergyinc.com under the Investor Relations section under News and Events.
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