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Socialwise, Inc. (OTCBB: SCLW) $0.56. Today announced that professional skateboarder and 2010 Nickelodeon Kids' Choice Awards Favorite Male Athlete Ryan Sheckler has signed a deal with the Company to promote its online BillMyParents payment solution. Sheckler will be part of a major marketing initiative the Company plans to launch in late spring which will include a multitude of top action sports athletes and retailers.
The star of MTV's hit reality show "
What They Do: BillMyParents offers cutting-edge payment solutions for teens and their parents. Through the unique Supervised Shopping program, teens shopping online on partner retail sites click on the BillMyParents payment button that appears next to items they're viewing to indicate their selections. The simple and data-safe automated system immediately notifies parents via email or text, who can decide whether or not to approve purchases. Parents can also opt to load teen accounts with pre-set spending amounts in advance.
Valence Technology (Nasdaq: VLNC) $1.30. Today announced it has been selected as the preferred residential/community battery technology provider for the “Smart Grid Community of the Future,” the first smart grid solar powered residential development in Texas, the Houston-area master planned community of Discovery at Spring Trails. Utilizing its lithium phosphate battery design, including intelligent Command & Control logic, Valence Technology will supply dynamic energy systems for the individual smart grid residences containing electric vehicle charging stations and smart appliances. Valence Technology’s energy solutions will be used to support a smart-energy practice known as “peak shaving,” whereby smart appliances like dishwashers and washing machines are efficiently utilized during peak demand hours.
This smart grid project will demonstrate how community battery systems can enhance grid stability and decrease overall electricity costs by practicing “peak shaving.” Homeowners can avoid higher peak power costs during evening hours when multiple appliances are typically running after Valence Technology dynamic energy systems kick-in to power the smart appliances.
What They Do: Valence Technology is an international leader in the development of safe, long-life lithium iron magnesium phosphate energy storage solutions and provides the enabling technology behind some of the world’s most innovative and environmentally friendly applications.
Streamline Health Solutions, Inc. (Nasdaq: STRM) $2.48. Announced yesterday after market close financial results for the fourth quarter and fiscal year, ended January 31, 2010.
Highlights for the quarter and fiscal year included: Record fiscal year revenues of $18.2 million and record quarterly revenues of $6.3 million reflecting increases of 12% and 86% respectively; The general availability and successful delivery in Q4 of our newest-generation software platform, called accessANYware 5.0; System sales up 773% vs. Q4 2008 and 13% for the year; 44% increase in quarterly application hosting revenues vs Q4 2008; Services, maintenance and support revenues increased 10% vs. last year's fourth quarter; Fiscal year operating income improved by $2.7 million to a profit of $1.4 million from a loss of $1.3 million last year; Two new customer contracts were signed in the Company's fourth quarter and two have already been signed in the first quarter of 2010.
The operating profit for the fourth quarter of fiscal 2009 was $1.6 million, compared to an operating loss of $132,000 in the fourth quarter of fiscal 2008. The operating income for full fiscal 2009 was $1.4 million compared with an operating loss of $1.3 million for full fiscal 2008. This represents a significant improvement of approximately $2.7 million over the comparable prior period.
Fiscal 2009 net income improved by $2.7 million to a profit of $1.3 million, or $0.14 per share, compared to a net loss of $1.4 million, or $0.15 per share, for fiscal 2008.
What They Do: Streamline Health is a leading supplier of document workflow and document management tools, applications and services that assist strategic business partners and healthcare organizations to improve operational efficiencies through business process optimization.
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