The company has reached the point where it is now able to provide a timetable for the process of ramping up commercial mass production of both models of the YoGen® charger. The tooling is either under construction or completed and many components are already in hand. Easy Energy anticipates the first assembly pilot run of 100 units to begin on March 11, 2009, followed by an assembly pilot run of 1000 units beginning on March 27, 2009. Mass production of the two models is then planned to be initiated on April 9, 2009.
"We are now seeing the concrete results of all of the planning and hard work it has taken to bring our company to this point in the process of commercializing our breakthrough YoGen® technology," stated Guy Ofir, CEO of Easy Energy, Inc. "In addition to going into mass production with the YoGen® models, we are making great progress on other fronts as well. We intend to soon be announcing more progress regarding those of our products, which are still in development and will also be providing updates on advances pertaining to our marketing and distribution efforts. This is truly an exciting time for Easy Energy."
What They Do: Easy Energy is the sole owner of the YoGen® product suite of compact man-powered generators, which are designed to provide an innovative and effective solution to the currently underserved need of the almost limitless users of portable electronics devices for a power source that will ensure those devices' ability to operate in circumstances in which conventional recharging sources are unavailable. Included in the product line are the basic YoGen®, a slim, pocket-sized charger for small devices such as cell phones, GPS, iPODs, etc., which is operated by a convenient pull-cord; the YoGen Max(TM), a compact, fold-up foot-driven charger for laptop computer-sized devices which also includes its own battery pack; and the most recently prototyped YoGen Bat(TM), which will replace a conventional cell phone battery and provide pull-cord charging capability without the need for a stand-alone charger.
How They Trade: ESYE has a 52 week high of $0.36 and a 52 week low of $0.02.
Research In Motion (Nasdaq: RIMM) Announced Tuesday after market close that RIM's subsidiary has withdrawn its Cdn$1.50 per common share offer for all of the common shares of Certicom Corp. as conditions of its offer can no longer be satisfied as a result of the decision issued yesterday by the Ontario Superior Court of Justice.
What They Do: Research In Motion is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market.
How They Trade: RIMM has a 52 week high of $148.13 and a 52 week low of $35.09.
PMC-Sierra (Nasdaq: PMCS) Closed at $4.26. Today announced that ZTE Corporation, a leading global provider of telecommunications equipment and network solutions, has selected PMC-Sierra’s CHESSTM metro transport architecture for its Unitrans product line. ZTE’s Unitrans series of optical network products is widely deployed by over 250 operators in more than 90 countries worldwide.
What They Do: PMC-Sierra®, the premier Internet infrastructure semiconductor solution provider, offers its customers technical and sales support worldwide through a network of offices in North America, Europe, Israel and Asia.
How They Trade: PMCS has a 52 week high of $9.95 and a 52 week low of $2.82.
II-VI Incorporated (Nasdaq: IIVI) Closed at $16.37. Today announced results for its second quarter ended December 31, 2008. Revenues from continuing operations for the quarter increased 3% to $74,278,000 from $72,334,000 in the second quarter of last fiscal year. Revenues from continuing operations for the six months ended December 31, 2008 increased 13% to $162,044,000 from $143,426,000 for the same period last fiscal year.
Earnings from continuing operations for the quarter were $8,339,000 or $0.28 per share-diluted.
What They Do: II-VI Incorporated, the worldwide leader in crystal growth technology, is a vertically-integrated manufacturing company that creates and markets products for a diversified customer base including industrial manufacturing, military and aerospace, high-power electronics and telecommunications, and thermoelectronics applications.
How They Trade: IIVI has a 52 week high of $48.26 and a 52 week low of $14.05.
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