Dallas, TX 5/24/2011 10:57:49 PM
News / Stocks

IWEB, EVDR, YIPI and ORS are the Daily Market Movers for May 24th from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers IWEB, EVDR, YIPI and ORS

ICEWEB INCORPORATED (OTCBB: IWEB)

Incorporated in 1994, IceWEB was highly successful in the federal computing space working with unstructured geospatial data, as well as managing and storing block data as an ASP in the enterprise and federal space. The company was twice named Inc. Magazine’s Inc. 500 Fastest Growing private US corporations and was recognized as Deloitte & Touche Technology Fast 500 North American public or private technology companies. Following on this success, the company developed and expanded on the rich storage management features to bring to market a versatile, all-inclusive storage system aggressively priced for the commercial mid-market space. The IceWEB Storage System is a high-performance unified storage platform for file and block data of all kinds that’s easy to install, and provides built-in, all-inclusive storage management features including de-duplication; unlimited snapshots; thin provisioning; local or remote, real-time or scheduled replication; capacity and utilization reporting, and VMware integration.

EVADER INCORPORATED (OTC: EVDR) "Up 46.87% in morning trading"

Through its subsidiary Avtar Singh Construction Company (ASCC), Evader, Inc. is one of India's largest builders.

YIPPY INCORPORATED (OTCBB: YIPI) "Up 45.83% in morning trading"

Based in Fort Myers Florida, Yippy, Inc. (www.yippy.com), formerly known as Cinnabar Ventures, Inc., is a new economy technology company that develops technologies and application services environments for both Consumer and Commercial market segments in the cloud computing sector.

ORSUS XELENT TECHNOLGIES INCORPORATED (AMEX: ORS) "Up 27.69% in morning trading"

Incorporated in the State of Delaware and headquartered in Beijing, China, Orsus Xelent Technologies, Inc. is an emerging designer and manufacturer of award-winning mobile phones for the Asian market, primarily the People's Republic of China ("PRC"). The Company's business encompasses the design of mobile phones, related digital circuits, and software development, and it is a recognized pioneer in mobile phone integration technology. It introduced the region's first wristwatch-style cellular phone, and it continues to break new ground with state-of-the-art phones that include advanced features such as fingerprint recognition and touch-screen displays. The Company also is focused on developing and marketing, under its Proxlink trademark, special application mobile phones for specialized users in a wide variety of professions in business and government. Since the Company's launch in 2004, it has established "Orsus" as a popular brand and achieved a significant share of the world's largest mobile phone market. It maintains more than 179 service call centers across the PRC, with additional offices in Shanghai, Hong Kong, Shenzhen, and Tianjin.

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Disclosure: OTCPicks.com and affiliates have been compensated five thousand dollars by a third party for a one-day IWEB advertising and promotional program. OTCPicks and affiliates have been compensated eight thousand dollars by a third party (Strategic Investors Group) for YIPI advertising and promotional services.