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Ariel Way, Inc. (OTCBB: AWYI) Up 13.16% on Wednesday
Detailed quote: http://beaconequityresearch.com/AWYI
January 02, 2008 - Ariel Way, Inc. Signs LOI to Acquire Minority Position in FaceTime Strategy, LLC
Ariel Way, Inc. (OTC Bulletin Board: AWYI) announced its plans to acquire 10 percent of FaceTime Strategy, a full-service new media agency. The letter of intent stipulates the company's interest in investing in the firm that specializes in advertising, marketing and public relations campaigns via the Internet, broadcast, print and other mediums.
The strategic partnership will provide Ariel Way, Inc. access to an innovative agency with a new method for creating and utilizing content. From podcasts to blogs, digital signage, to videos and online networking communities, FaceTime offers revolutionary products and services to bolster brand recognition for companies looking to enter the digital signage marketplace.
This deal is critical for the Digital Signage Network, owned by Ariel Way, which will be located in various shopping and retail outlets throughout the country.
"New Media is an exciting and burgeoning market and is poised to explode in the coming year," said Arne Dunhem president and CEO of Ariel Way. "The prospect of having direct access to the expert team FaceTime will greatly increase our capacity for stellar advertising on our planned digital signage network."
The Digital Signage Network is a new platform for companies to promote and advertise products and services to targeted audiences as they shop, work and play in malls, banks and other strategic locations.
"Working with the executive team at Ariel Way has been a wonderful experience and we look forward to increasing brand recognition for the company," said Todd Mason, CEO of FaceTime. "Our campaigns enable companies to implement measurable advertising and public relations campaigns and we are honored to partner with Ariel Way on this exciting business endeavor."
ANTs software inc. (OTCBB: ANTS) Up 12.68% on Wednesday
Detailed quote: http://beaconequityresearch.com/ANTS
January 02, 2008 - ANTs Completes Database Migration for 2nd ''Fortune 10'' Customer
ANTs software inc. (OTCBB:ANTS), a leader in compatible, high-performance SQL data management systems, today announced that using the ANTs Compatibility Server(TM) it has successfully re-hosted an application from Sybase to the Oracle database for a second customer, a global manufacturing and financial conglomerate ranked in top 10 of Fortune magazine's 2007 list of the largest companies. Re-hosting was achieved with minimal change to the application. ANTs Software is scheduling time to demonstrate for the customer.
"Again we have shown that even an early version of ANTs Compatibility Server can provide customers a faster, less-costly way to re-host applications from Sybase to the Oracle database," said Joseph Kozak, chairman and chief executive officer of ANTs Software. "We will continue to work with other Compatibility Consortium members on pilot applications as we strengthen the ANTs Compatibility Server and our Oracle relationship."
On December 13, 2007, ANTs Software announced that it had re-hosted its first application using the ANTs Compatibility Server. On-site demonstration for that first customer, also ranked in the top 10 of Fortune's list, is expected to begin shortly. The ANTs Compatibility Server Consortium, a group of ten Fortune 500 or similar companies, is working with ANTs to develop technology and processes for re-hosting pilot Sybase applications to the Oracle database using the ANTs Compatibility Server. ANTs has already received target applications and sample data from several consortium members, and is actively working on their projects.
Sky Petroleum, Inc. (OTCBB: SKPI) Up 11.63% on Wednesday
Detailed quote: http://beaconequityresearch.com/SKPI
January 02, 2008 - Sky Petroleum Reports More Than 31,000 Barrels of Oil Produced During October and November From Two Mubarek Wells
Sky Petroleum, Inc. (OTCBB:SKPI), an oil and gas company, today reported that during the two months ending November 30, 2007, Mubarek production from the H2 and K2-ST4 wells was 31,562 barrels of oil. During the month of October Mubarek production from the H2 and K2-ST4 wells was 18,576 barrels of oil and during the month of November Mubarek production from the H2 and K2-ST4 wells was 12,986 barrels of oil. October is the first complete month of production from the K2-ST4 well and it continues to be observed in order to optimize production.
The Mubarek H2 well produced 3,187 barrels of oil or 103 bopd and the Mubarek K2-ST4 well produced 15,389 barrels of oil or 496 bopd during October. The Mubarek H2 well produced 3,241 barrels of oil or 105 bopd and the Mubarek K2-ST4 well produced 9,745 barrels of oil or 419 bopd during November.
SpaceDev, Inc. (OTCBB: SPDV) Up 9.20% on Wednesday
Detailed quote: http://beaconequityresearch.com/SPDV
January 02, 2008 - SpaceDev to Develop Payload for International Lunar Observatory
SpaceDev, Inc. (OTCBB: SPDV) announced today that it has been awarded a contract by the International Lunar Observatory Association (ILOA) of Hawaii to conduct requirements definition and preliminary design of the ILO spacecraft's astrophysics and communications payload. ILO will perform various astronomical observations from the South Pole of the Moon, and will also engage in commercial communications activities.
"We see this as a critical phase of work for ILO, as it will solidify the mission's goals and priorities," said Mark N. Sirangelo, SpaceDev's Chairman and Chief Executive Officer. "We will determine how to deliver the most valuable and desirable astrophysics data from the surface of the Moon to scientists around the world, while pursuing a design to allow the rapid, low-cost mission development that will be a hallmark of ILO."
Deep Down, Inc. (OTCBB: DPDW) Up 8.16% on Wednesday
Detailed quote: http://beaconequityresearch.com/DPDW
January 02, 2008 - Deep Down Delivers Deepest Rated LARS in the World
Deep Down, Inc. (OTC Bulletin Board: DPDW) has recently delivered what is believed to be the deepest class rated Launch and Retrieval System ("LARS") in the world. The 4,000 meter rated LARS was specially designed for subsea load handling, lifting and tensioning, and launch and retrieval of specialized undersea equipment, including Remote Operated Vehicles ("ROV"), in ultra-deep and harsh subsea environments. Special functions include auto-variable speed control (load dependent), wire spooling and guide systems, grooved drums, emergency release capabilities, gravity lowering, emergency hoisting abilities, and a water-cooled drum to reduce heat on the umbilical, among others. The safe working load of the LARS is 28 tonnes, and the system is capable of delivering payloads at speeds of up to 76 meters per minute. Another unique feature of this LARS is the specially designed wraparound level wind sensor system which allows for more sensitive yet smoother operation in rugged, high-load, ultra-high deepwater applications. Deep Down plans to secure a patent for this very important feature. The 4000 meter LARS was sold to Perry Slingsby Systems, Inc. ("Perry") for integration with their new 4,000 meter rated ROV. Perry has produced more ROV systems than all other manufacturers combined.
Perry sold this system to Veolia ES Special Services, Inc. ("Veolia") which has placed the system on their newly-built state-of-the-art DSV MT-6016 vessel, named the Swordfish. Designed with cutting-edge technology, the new ship was custom-designed to allow Veolia to take on more complex subsea construction and dive-support projects. The Swordfish also has a Deep Down 3,000 meter rated LARS leased to them with a Perry ROV. A second 4000 meter rated LARS is expected to be delivered to Perry as soon as factory acceptance testing has been completed. The second LARS will also be sold to Veolia with a Perry ROV. Deep Down expects to sell additional LARS units of this class with an average minimum sales price of approximately $1.4 million each, depending on individual custom-engineered features and capabilities as requested by our clients.
"It is exciting to know that the new Flagship for Veolia, the Swordfish, is set up for ultra deepwater environments and will have two Perry ROVs and two Deep Down LARS to help them accomplish their more challenging deepwater tasks. 2008 looks to be a very promising year, and our goal is to provide the best support possible to our clients, helping them meet their deepwater challenges with greater confidence," said Ron Smith, Deep Down's CEO. "We will continue to use proprietary-built state-of-the-art equipment (and third-party equipment such as the Baricon 30-ton, 4-track tensioner), engineering, and custom-developed installation and retrieval management systems to deliver cost-effective solutions, thereby distinguishing ourselves as the premier "first call" for our clients when confronted with a variety of challenges in ultra deepwater and harsh subsea environments", he continued.
