To register for the Free SmallCapReview Newsletter visit http://www.smallcapreview.com/
Apple (Nasdaq: AAPL) Closed at $88.63. Today announced the introduction of the all-new iPod shuffle, the world's smallest music player at nearly half of the size of the previous model, and the first music player that talks to you. The revolutionary new VoiceOver feature enables iPod shuffle to speak your song titles, artists and playlist names. The third generation iPod shuffle is significantly smaller than a AA battery, holds up to 1,000 songs and is easier to use with all of the controls conveniently located on the earphone cord. With the press of a button, you can play, pause, adjust volume, switch playlists and hear the name of the song and artist. iPod shuffle features a gorgeous new aluminum design with a built-in stainless steel clip that makes it ultra-wearable.
What They Do: Apple, Inc. designs, manufactures, and sells personal computers, portable digital music players, and mobile communication devices, as well as related software, services, peripherals, and networking solutions worldwide.
ON Semiconductor Corporation (Nasdaq: ONNN) Closed at $3.62. Today announced that it has entered into a settlement agreement with Samsung Electronics Co., Ltd. that resolves the outstanding patent infringement actions that were pending in the District of Delaware, specifically, Samsung Electronics Co., Ltd. v. ON Semiconductor, civil action no. 06-720 (JJF) and ON Semiconductor v. Samsung Electronics Co., Ltd., civil action no. 07-449 (JJF) involving technology relevant to DRAM products.
Under the terms of the confidential settlement agreement, the parties have cross-licensed their respective patent portfolios for a significant term of years.
What They Do: With its global logistics network and strong product portfolio, ON Semiconductor is a preferred supplier of high performance, energy efficient, silicon solutions to customers in the power supply, automotive, communication, computer, consumer, medical, industrial, mobile phone, and military/aerospace markets.
AAON (Nasdaq: AAON) Closed at $17.16. Today announced its operating results for the year 2008. Sales increased 7% to $279.7 million from $262.5 million in 2007, and net income increased 23% to $28.6 million compared to $23.2 million in the previous year. Both sales and net income were all-time record highs.
Norman H. Asbjornson, President and CEO, stated that, "The increase in sales was attributable to our diversified customer mix, an excellent response to many of our new and redesigned products and price increases. The increase in net income resulted from both higher volume and improved productivity."
What They Do: AAON, Inc. is a manufacturer of air-conditioning and heating equipment consisting of rooftop units, chillers, air-handling units, condensing units and coils. Its products serve the new construction and replacement markets.
Amtech Systems (Nasdaq: ASYS) Closed at $3.00. Today announced that its solar subsidiary, Tempress Systems, Inc., has received approximately $3 million in follow-on solar orders for its diffusion processing systems from two new customers, both located in Asia.
J.S. Whang, President and Chief Executive Officer of Amtech, commented, “We continue to see acceptance and demand for our solar products, as demonstrated by these two follow-on orders. Additionally, we are pleased with the continued high interest in our products and the high quality prospects we generated during and around last week’s photovoltaic show in Munich, Germany.
What They Do: Amtech Systems, Inc. manufactures capital equipment, including silicon wafer handling automation, thermal processing equipment and related consumables used in fabricating solar cells and semiconductor devices.
About SmallCapReview
Copyright SmallCapReview. SmallCapReview.com has been a leading site for news on small-cap stocks since 1999. SmallCapReview has built a loyal opt-in following for their investor products by providing a newsletter at no cost, sent to subscribers, highlighting select small-cap stocks, to register visit http://www.smallcapreview.com/.
