Winston-Salem 11/13/2008 9:51:59 PM
News / Finance

Small Caps to Watch - IMAX, ZOLL, PURO, HOKU

IMAX Corporation (Nasdaq: IMAX) Closed at $3.06. Today announced they they and  Lincoln Square Cinemas today announced an agreement to install an IMAX® theatre in the top performing multiplex in Washington State. Under the terms of the sales agreement, Lincoln Square Cinemas will install IMAX's new digital projection system at its flagship multiplex in Bellevue, Washington during the second quarter of 2009. To date, IMAX has signed contracts for more than 200 IMAX digital projection systems, with 34 currently in operation and approximately 45 scheduled to be in operation by year end.

What They Do: IMAX Corporation is one of the world's leading entertainment technology companies, specializing in immersive motion picture technologies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event Hollywood films around the globe, with IMAX theatres delivering the world's best movie presentations using proprietary IMAX, IMAX 3D, and IMAX DMR®, technology. IMAX DMR is the Company's groundbreaking digital re-mastering technology that allows it to digitally transform virtually any conventional motion picture into the unparalleled image and sound quality of The IMAX Experience. IMAX's renowned projectors display crystal-clear images on the world's biggest screens, and the IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of September 30, 2008, there were 320 IMAX theatres operating in 42 countries.

How They Trade: IMAX has a 52 week high of $8.28 and a 52 week low of $2.70.

 

ZOLL Medical Corporation, (Nasdaq: ZOLL) Closed at 419.94. Today announced along with Masimo (Nasdaq: MASI) a multi-year technology agreement to integrate Rainbow SET technology into ZOLL E Series defibrillators. The agreement allows ZOLL to manufacture these defibrillators with this technology that non-invasively and continuously measures carbon monoxide (SpCO) and methemoglobin (SpMet) levels in the blood.

What They Do: ZOLL Medical Corporation is committed to developing technologies that help advance the practice of resuscitation. With products for pacing, defibrillation, circulation, ventilation, and fluid resuscitation, ZOLL provides a comprehensive set of technologies, including Real CPR Help and See-Thru CPR, that help clinicians, EMS professionals, and lay rescuers resuscitate sudden cardiac arrest or trauma victims. ZOLL also designs and markets software that automates the documentation and management of both clinical and non-clinical information.

How They Trade: ZOLL has a 52 week high of $38.19 and a 52 week low of $18.70.

 

Purio, Inc. (OTCBB: PURO) Closed at $0.08. Announced yesterday after market close that it is in the final stages of setting up its first commercial outlet in Southern California. The mandate of the division DBA UltraSafe Water Source(TM) is to serve the growing number of business offices that wish to eliminate bottled water, aim to cut costs, eliminate the 5-gallon bottles from their operations, and do so with nothing to buy.

Daryl English, President of Purio, says, "North America is in the infancy of a major paradigm shift in the way business offices supply purified drinking water to their staffs and clients. We see it as a major up-coming trend and we see ourselves in a great position to profit from it. Businesses are motivated in many ways to take action and upgrade their office water service from bottle-style dispensers to modern point-of-use (POU) water purifiers and totally do away with bottled water delivery. The first motivation is cost cutting and we can often cut the monthly water budget by over 25%. Second is the convenience factor; by eliminating the plastic 5-gallon bottles, offices free up precious floor and storage space, and eliminate the risk of employee injury caused by the lifting of the 45 pound back-breakers. Our POU purifiers not only offer a fresher tasting, better quality water, compared to bottles because it's not stored in plastic for weeks before consumption, but they also offer a greater production capacity so that businesses never more worry about running out of purified water. Couple that with the environmental care factor, whereby business can update their water service from the energy hungry, labor intensive and carbon producing delivery system of old fashioned bottles, and we are of the opinion that we are on the leading edge of a business boom."

Mr. English cited cities like San Francisco, Chicago and Vancouver, British Columbia as examples of municipalities that have banned the use of bottled water in their facilities due to concerns over its affect on the environment as well as concerns about possible health risks recently revealed from studies of chemicals leaching from water bottles into the drinking water.

What They Do: Purio owns proprietary water clarification technology suitable to a broad number of applications including the clarification of surface water, industrial process water and sewage. Purio intends to apply its technology initially to industrial and commercial applications to reclaim water and reduce the need for fresh water in such applications. Purio further intends to use its proprietary technology to produce potable water for commercial and residential use. Purio will commercialize its technology via a number of channels, namely licensing strategic partners to build and sell &/or operate units outside of North America, outright sale of their second generation (patent pending) units to end users and will build, own and operate on a fee for service basis their larger permanent installation units in North America.

How They Trade: PURO has a 52 week high of $0.89 and a 52 week low of $0.05.

 

Hoku Materials (Nasdaq: HOKU) Closed at $3.70. Today announced the signing of a silicon metal supply agreement with Polymet Alloys, Inc., a privately-held metals industry supply company located in Birmingham, Alabama, which sources its silicon Metal exclusively from Rima Industrial S.A., a major Brazilian Ferroalloy and Non-Ferrous producer. Hoku plans to use the metallurgical grade silicon for the manufacture of trichlorosilane, a key raw material in the production of solar grade polysilicon using the Siemens process.

According to the terms of the agreement, Polymet will supply Hoku with guaranteed amounts of metallurgical grade silicon for three years beginning in 2009. The guaranteed annual amount of silicon metal is expected to be enough to support the start-up and initial ramp of Hoku's chemical plant in 2009, and can be expanded at both parties' option in the second and third years.

What They Do: Hoku Scientific is a diversified, clean energy technologies company with three business units: Hoku Materials, Hoku Solar and Hoku Fuel Cells. Hoku Materials plans to manufacture, market, and sell polysilicon for the solar market from its plant currently under construction in Pocatello, Idaho. Hoku Solar is a provider of turnkey photovoltaic systems in Hawaii. Hoku Fuel Cells has developed proprietary fuel cell membranes and membrane electrode assemblies for stationary and automotive proton exchange membrane fuel cells.

How They Trade: HOKU has a 52 week high of $14.88 and a 52 week low of $3.67.

 

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