DALLAS, TX 3/17/2011 2:26:34 AM
News / Finance

OVRL, MSON, GCOM, ESLT, KITD: Second Day of Mayhem Continues

Second Day of Mayhem Continues: OVRL, MSON, GCOM, ESLT, KITD

Overland Storage (NASDAQ:OVRL) has gained 18.75% to settle at $2.09 with a volume of 29,000. For the past 52 weeks the stock has been trading between $1.13 and $3.52 with an average volume of 22,652.

Overland Storage, Inc. (Overland) is a global provider of unified data management and data protection solutions designed to enable small and medium enterprises (SMEs), corporate departments, and small and medium businesses (SMBs) to anticipate and respond to change. The Company develops and delivers a solution set of products and services for moving and storing data throughout the organization and during the entire data lifecycle.

Misonix (NASDAQ:MSON) has lost 0.22% to settle at $2.11 with a volume of 1,200 shares. For the past 52 weeks, the stock has been trading between $1.61 and $3.84 with an average volume of 6,000 shares.

MISONIX, INC. (Misonix) designs, manufactures, develops and markets minimally invasive ultrasonic medical device products. These products include the BoneScalpel cutting system which is used among other things for surgical procedures of the spine, the SonaStar Surgical Aspirator which is used to emulsify and remove soft and hard tumors, the SonicOne Wound Cleansing and Debridement System that offers tissue specific debridement and cleansing of wounds for effective removal of devitalized tissue and fibrin deposits while sparing viable cells, and the AutoSonix ultrasound cutting and coagulating system, which is marketed by Misonix through an agreement with Covidien Ltd.

Globecomm Systems, Inc. (NASDAQ:GCOM) has lost 0.20% to settle at $10.00 with a volume of 50,000 shares traded. For the past 52 weeks, the stock has been trading between $6.52 and $11.26 a share with an average volume of 48,000 shares.

Globecomm Systems Inc. (Globecomm) provides satellite-based managed network solutions. The Company offers a range of system integration, system products and network services for its customers. It provides end-to-end satellite-based communications solutions. It supplies infrastructure solutions for satellite-based communications, including hardware and software to support a range of satellite systems.

Elbit Systems (NASDAQ:ESLT) has lost 1.00% to settle at $50.62 with a volume of 2,887 shares. For the past 52 weeks, the stock has been trading between $46.66 and $65.70 with an average volume of 18,314.

Elbit Systems Ltd. (Elbit Systems) is an international defense electronics company engaged in a range of programs throughout the world. The Company operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR), unmanned aircraft systems (UAS), advanced electro-optics, electro-optic space systems, electronic warfare (EW) suites, airborne warning systems, electronic intelligence systems, data links, military communications systems and radios.

KIT Digital (NASDAQ:KITD) has lost 3.24% to settle at $12.83 with a volume of 355,357. For the past 52 weeks, the stock has been trading between $7.90 and $17.32 with an average volume of 198,300 shares.

KIT digital, Inc. (KIT digital), through its operating subsidiaries, provides enterprise clients an end-to-end technology platform for managing Internet Protocol (IP)-based video assets across the browser, mobile device and Internet protocol television (IPTV) set-top box-enabled television set. It offers interface design, branding, strategic planning and technical integration services to complement its VX-branded software platform. Its solutions includes the delivery of IP video software solutions, including software-as-a-service (SaaS) fees, enterprise license fees, software usage fees, set-up/support services, storage, hardware components, content delivery, content syndication and advertising-based monetization.

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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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