Investorideas.com Newswire - Tuesday's Investor Idea: Consumer Electronic Stocks; (OTC:NYXO), (NYSE:PC), (VLX.L), (SLT.DE)
Tuesday's Investor Idea: Consumer Electronic Stocks; (OTC:NYXO), (NYSE:PC), (VLX.L), (SLT.DE)
POINT ROBERTS - August 23, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, issues Tuesday morning's investor idea, a snapshot of consumer electronic stocks and what was driving the sector in Monday's trading.
Panasonic Corporation (NYSE:PC) announced it will return as the official 3D electronics sponsor and the official television of the US Open Championships, as well as sponsor of CBS Sports' 2D and 3D US Open telecasts and will enable fans at the USTA Billie Jean King National Tennis Center to experience the immersive world of 3D via public viewing galleries featuring the latest large-screen VIERA Full HD 3D TVs. Panasonic announced last week it was the exclusive consumer electronics sponsor of Disney's D23 Expo 2011, held August 19-21 at the Anaheim Convention Center.
Asian markets gave investors gains for the first time in several days and consumer electronics company, Samsung Electronics Co., (KSE: 005930.KS) moved up 4.3 percent, closing at 721,000.00 up 30,000.00 (4.34%).
Consumer electronic Stocks Trading Snapshot; August 22nd
Nyxio Technologies Corporation (OTCBB: NYXO ) closed at $0.60, up 0.02 (3.45%)
Panasonic Corporation (NYSE:PC ) closed at $10.10, up 0.02 (0.20%)
SCHALTBAU HOLDING [SLT.DE] closed up $7.33% at $36.5 B
TT ELECTRONICS [TTG.L] closed up 4.89%
VOLEX(LSE: VLX.L ) closed at $263.75, up 22.75 (9.44%)
Featured Consumer Electronic Stock
Nyxio Technologies Corporation (OTCBB: NYXO)
Visit this company: www.nyxiotechnologies.com
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http://www.investorideas.com/CO/NYXO/
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Nyxio Technologies was established in 2007 to deliver high-quality, cutting-edge products to the consumer electronics industry. Nyxio identifies gaps in the market and develops creative products to fill those voids, such as with the world's first integrated flat screen TV and full PC, the VioSphere Smart TV. In addition, by consolidating key hardware into more efficient devices, Nyxio not only reduces the overall environmental footprint of end users, but keeps products reasonably priced. Headquartered in Portland, OR, Nyxio Technologies is a publicly traded company with more than 15 knowledgeable employees. For more information visit: www.nyxio.com.
INVESTOR RELATIONS Summit IR Services, Inc. Phone: 1-855-436-6996 (NYXO) info@nyxiotech.com www.nyxio.com
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Published at www.Investorideas.com - Global research by sectors
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Disclaimer: The following news is paid for and /or published as information only for our readers (175 top energy news).
Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Tuesday, August 23, 2011
Thursday, August 18, 2011
Investorideas.com - Tech Stock; Nyxio Technologies (OTCBB:NYXO) Anticipates Large Growth in Emerging Smart TV Market
Investorideas.com - Tech Stock; Nyxio Technologies (OTCBB:NYXO) Anticipates Large Growth in Emerging Smart TV Market
Tech Stock; Nyxio Technologies (OTCBB:NYXO) Anticipates Large Growth in Emerging Smart TV Market
The VioSphere Smart TV is set to revolutionize both the PC and TV industry
PORTLAND, OR - August 18, 2011 (Investorideas.com Tech stocks newswire) - Nyxio Technologies Corporation (OTC.BB: NYXO), a leading provider of quality cutting edge consumer electronics sees large growth in the smart TV category through the end of 2011. With the launch of the VioSphere, the only fully integrated television with a built-in PC on the market, Nyxio anticipates an opportunity for strong sales following industry trends in its first year of business.
With shipments of web-enabled televisions expected to grow 36 percent over the next five years, Nyxio is ready to take advantage of this growth category and will begin approaching international distributors to offer Nyxio’s technologies overseas in the future.
"The consumer electronics industry is rapidly growing, and we are excited to be a part of the next generation of truly smart televisions on the market," said Giorgio Johnson, founder and CEO of Nyxio. "The VioSphere Smart TV is the first of its kind and we want to continue inventing forward-thinking and state-of-the-art solutions for home use."
The VioSphere Smart TV centers on a fully integrated flat-screen TV. Components include a DVD player/burner, Bluetooth, Wi-Fi, webcam and, of course, a PC. A split-screen design allows for experiencing content via television while viewing content from the PC simultaneously. Touch-screen navigation enables users to move through applications and features easily. In addition, the VioSphere Smart TV offers video conferencing capabilities, which extends its use from home to the professional setting.
VioSphere Smart TV Features at a Glance
Currently, the VioSphere Smart TV is available online at www.nyxio.com in multiple sizes.
Pricing begins at $1065, and product features include:
22", 26", 32", 37", 42", 47", 55" and 65" LCD display screen with 1080p HD
Touch screen (also available in non-touch screen)
Built-in DVD player/burner
Bluetooth
Wi-Fi
Realtek RTL8102 PCI-E Fast Ethernet/LAN
10-11 mega pixel embedded Webcam
Embedded codec, microphone and ultimate sound system
Bluetooth Wireless keyboard
320GB hard drive (up to 1TB)
Operating system: Windows 7 Ultimate
Inputs: HDMI, USB, VGA, S-Video, DVI, AV, microphone, earphone
About Nyxio Technologies Corporation (OTCBB: NYXO)
Nyxio is fast becoming a leading-edge driver and developer of technology for the consumer electronics industry. Featuring the VioSphere flat screen TV with integrated PC, Nyxio is dedicated to bringing revolutionary designs to market including tablet PCs, All-in-One PCs, Smart TVs, and groundbreaking concepts like the Venture "Mobile Media Viewer" ("VMMV"). The Company's development process identifies technological deficiencies within the consumer electronics market and aims to develop product offerings that provide creative solutions aimed at improving operating efficiencies and to reduce the overall environmental footprint of end users.
For more information visit: www.nyxiotechnologies.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact:
INVESTOR RELATIONSSummit IR Services, Inc.Phone: 1-855-436-6996 (NYXO)info@nyxiotech.comwww.nyxio.com
MEDIA CONTACTAngie Galimanis503-546-7871angie@lanepr.com
NYXIO TECH CORP (OTC: NYXO) is a showcase stock on Investorideas.com
Visit this company: www.nyxiotechnologies.com
Visit the company showcase profile page at www.investorideas.com/CO/NYXO
Get News and stock alerts for NYXO: http://www.investorideas.com/Resources/Newsletter.asp
Disclosure: NYXO is a showcase stock on Investorideas.com and the site is compensated three thousand per per month, third party, starting August 1, 2011
Published at www.Investorideas.com - Global research by sectors
If you have any questions regarding information in this press release please contact the company listed in the press release.
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Disclaimer: The following news is paid for and /or published as information only for our readers (175 top energy news).
Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.aspInvestorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Tech Stock; Nyxio Technologies (OTCBB:NYXO) Anticipates Large Growth in Emerging Smart TV Market
The VioSphere Smart TV is set to revolutionize both the PC and TV industry
PORTLAND, OR - August 18, 2011 (Investorideas.com Tech stocks newswire) - Nyxio Technologies Corporation (OTC.BB: NYXO), a leading provider of quality cutting edge consumer electronics sees large growth in the smart TV category through the end of 2011. With the launch of the VioSphere, the only fully integrated television with a built-in PC on the market, Nyxio anticipates an opportunity for strong sales following industry trends in its first year of business.
With shipments of web-enabled televisions expected to grow 36 percent over the next five years, Nyxio is ready to take advantage of this growth category and will begin approaching international distributors to offer Nyxio’s technologies overseas in the future.
"The consumer electronics industry is rapidly growing, and we are excited to be a part of the next generation of truly smart televisions on the market," said Giorgio Johnson, founder and CEO of Nyxio. "The VioSphere Smart TV is the first of its kind and we want to continue inventing forward-thinking and state-of-the-art solutions for home use."
The VioSphere Smart TV centers on a fully integrated flat-screen TV. Components include a DVD player/burner, Bluetooth, Wi-Fi, webcam and, of course, a PC. A split-screen design allows for experiencing content via television while viewing content from the PC simultaneously. Touch-screen navigation enables users to move through applications and features easily. In addition, the VioSphere Smart TV offers video conferencing capabilities, which extends its use from home to the professional setting.
VioSphere Smart TV Features at a Glance
Currently, the VioSphere Smart TV is available online at www.nyxio.com in multiple sizes.
Pricing begins at $1065, and product features include:
22", 26", 32", 37", 42", 47", 55" and 65" LCD display screen with 1080p HD
Touch screen (also available in non-touch screen)
Built-in DVD player/burner
Bluetooth
Wi-Fi
Realtek RTL8102 PCI-E Fast Ethernet/LAN
10-11 mega pixel embedded Webcam
Embedded codec, microphone and ultimate sound system
Bluetooth Wireless keyboard
320GB hard drive (up to 1TB)
Operating system: Windows 7 Ultimate
Inputs: HDMI, USB, VGA, S-Video, DVI, AV, microphone, earphone
About Nyxio Technologies Corporation (OTCBB: NYXO)
Nyxio is fast becoming a leading-edge driver and developer of technology for the consumer electronics industry. Featuring the VioSphere flat screen TV with integrated PC, Nyxio is dedicated to bringing revolutionary designs to market including tablet PCs, All-in-One PCs, Smart TVs, and groundbreaking concepts like the Venture "Mobile Media Viewer" ("VMMV"). The Company's development process identifies technological deficiencies within the consumer electronics market and aims to develop product offerings that provide creative solutions aimed at improving operating efficiencies and to reduce the overall environmental footprint of end users.
For more information visit: www.nyxiotechnologies.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact:
INVESTOR RELATIONSSummit IR Services, Inc.Phone: 1-855-436-6996 (NYXO)info@nyxiotech.comwww.nyxio.com
MEDIA CONTACTAngie Galimanis503-546-7871angie@lanepr.com
NYXIO TECH CORP (OTC: NYXO) is a showcase stock on Investorideas.com
Visit this company: www.nyxiotechnologies.com
Visit the company showcase profile page at www.investorideas.com/CO/NYXO
Get News and stock alerts for NYXO: http://www.investorideas.com/Resources/Newsletter.asp
Disclosure: NYXO is a showcase stock on Investorideas.com and the site is compensated three thousand per per month, third party, starting August 1, 2011
Published at www.Investorideas.com - Global research by sectors
If you have any questions regarding information in this press release please contact the company listed in the press release.
Connect with Investorideas.com: http://www.twitter.com/Investorideas Publish Your News - Send a release: http://www.investorideas.com/News-Upload/
Disclaimer: The following news is paid for and /or published as information only for our readers (175 top energy news).
Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.aspInvestorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Tuesday, August 16, 2011
Investorideas.com Newswire - Investors are Watching Nyxio Technologies (OTCBB: NYXO) Smart TV
Investorideas.com Newswire - Investors are Watching Nyxio Technologies (OTCBB: NYXO) Smart TV
POINT ROBERTS, Aug. 16, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, issues a trading alert and investor spotlight on consumer electronics stock, Nyxio Technologies Corporation (OTC.BB: NYXO).
Investors are watching this small OTC player in the race for Smart TV/ Connected TV market share and ask; “Could NYXO give Sony (NYSE: SNE ) or Samsung (KSE)005930 (common stock) a run for their money on Smart TV technologies?”
Investor Highlights: Nyxio Technologies Corporation (OTC.BB: NYXO)
The "Smart TV"
A Smart TV device is either a television set with integrated internet capabilities or a set-top box for television that offers more advanced computing ability and connectivity than a contemporary basic television set.
Benefits
Smart TV devices enable consumers to view all of these advanced services on their flat screen TV, via a single device. In addition to a broader range of content from TV providers – ranging from traditional broadcast TV, video on-demand and catch-up TV services, Smart TV also provides consumers with access to user-generated content (either stored on an external hard drive, or cloud storage, and to a range of advanced interactive services and Internet applications, such as YouTube.)
Technology
While the concept of Smart TVs is still in its incipient stages, with up and coming software frameworks such as the proprietary Google TV and the open source XBMC platforms getting a lot of public attention in the news media within the consumer electronics market area, and commercial offerings from companies such as Logitech, Sony, LG, Samsung and Intel have indicated products in the area that will give television users search capabilities, ability to run apps (sometimes available via an 'app store' digital distribution platform), interactive on-demand media, personalized communications, and social networking features. Nyxio has been at the forefront of this technology for the past 3 years already
Cutting-edge Products:
Nyxio Technologies is committed to developing a wide range of next generation products and complementary accessories, including tablet PCs, smart TVs, all-in-one PCs and mobile media viewers.
The VioSphere: Nyxio's flagship product, the VioSphere Smart TV is the world's only integrated flat-screen TV and PC.
The company recently reported it had launched the VioSphere Smart TV, the first -- and only -- fully integrated television with a built-in personal computer on the market today. Designed as a full-spectrum entertainment system, the touch-screen TV combines HDTV technology with a personal computer and media center. The latest product from Nyxio, the VioSphere Smart TV, saves time, money, space and energy. http://www.nyxiotechnologies.com/products/the-viosphere
The VioSphere Smart TV centers on a fully integrated touch-screen TV. Integrated components include a DVD player/burner, Bluetooth, Wi-Fi, webcam and, of course, a PC!
About Nyxio Technologies Corporation (OTCBB: NYXO)
Nyxio Technologies was established in 2007 to deliver high-quality, cutting-edge products to the consumer electronics industry. Nyxio identifies gaps in the market and develops creative products to fill those voids, such as with the world's first integrated flat screen TV and full PC, the VioSphere Smart TV. In addition, by consolidating key hardware into more efficient devices, Nyxio not only reduces the overall environmental footprint of end users, but keeps products reasonably priced. Headquartered in Portland, OR, Nyxio Technologies is a publicly traded company with more than 15 knowledgeable employees. For more information visit: www.nyxio.com.
INVESTOR RELATIONS
Summit IR Services, Inc.
Phone: 1-855-436-6996 (NYXO)
info@nyxiotech.com
www.nyxio.com
Visit the NYXO company profile at Investorideas.com
http://www.investorideas.com/CO/NYXO/
Sign up for the free investor news and stock alerts including NYXO
At Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. NYXO is a paid advertising showcase company on Investorideas.com – three thousand per month
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
www.InvestorIdeas.com/About/Disclaimer.asp
Contact Investorideas.com
800-665-0411 – cvanzant@investorideas.com
Source – Investorideas.com
POINT ROBERTS, Aug. 16, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, issues a trading alert and investor spotlight on consumer electronics stock, Nyxio Technologies Corporation (OTC.BB: NYXO).
Investors are watching this small OTC player in the race for Smart TV/ Connected TV market share and ask; “Could NYXO give Sony (NYSE: SNE ) or Samsung (KSE)005930 (common stock) a run for their money on Smart TV technologies?”
Investor Highlights: Nyxio Technologies Corporation (OTC.BB: NYXO)
The "Smart TV"
A Smart TV device is either a television set with integrated internet capabilities or a set-top box for television that offers more advanced computing ability and connectivity than a contemporary basic television set.
Benefits
Smart TV devices enable consumers to view all of these advanced services on their flat screen TV, via a single device. In addition to a broader range of content from TV providers – ranging from traditional broadcast TV, video on-demand and catch-up TV services, Smart TV also provides consumers with access to user-generated content (either stored on an external hard drive, or cloud storage, and to a range of advanced interactive services and Internet applications, such as YouTube.)
Technology
While the concept of Smart TVs is still in its incipient stages, with up and coming software frameworks such as the proprietary Google TV and the open source XBMC platforms getting a lot of public attention in the news media within the consumer electronics market area, and commercial offerings from companies such as Logitech, Sony, LG, Samsung and Intel have indicated products in the area that will give television users search capabilities, ability to run apps (sometimes available via an 'app store' digital distribution platform), interactive on-demand media, personalized communications, and social networking features. Nyxio has been at the forefront of this technology for the past 3 years already
Cutting-edge Products:
Nyxio Technologies is committed to developing a wide range of next generation products and complementary accessories, including tablet PCs, smart TVs, all-in-one PCs and mobile media viewers.
The VioSphere: Nyxio's flagship product, the VioSphere Smart TV is the world's only integrated flat-screen TV and PC.
The company recently reported it had launched the VioSphere Smart TV, the first -- and only -- fully integrated television with a built-in personal computer on the market today. Designed as a full-spectrum entertainment system, the touch-screen TV combines HDTV technology with a personal computer and media center. The latest product from Nyxio, the VioSphere Smart TV, saves time, money, space and energy. http://www.nyxiotechnologies.com/products/the-viosphere
The VioSphere Smart TV centers on a fully integrated touch-screen TV. Integrated components include a DVD player/burner, Bluetooth, Wi-Fi, webcam and, of course, a PC!
About Nyxio Technologies Corporation (OTCBB: NYXO)
Nyxio Technologies was established in 2007 to deliver high-quality, cutting-edge products to the consumer electronics industry. Nyxio identifies gaps in the market and develops creative products to fill those voids, such as with the world's first integrated flat screen TV and full PC, the VioSphere Smart TV. In addition, by consolidating key hardware into more efficient devices, Nyxio not only reduces the overall environmental footprint of end users, but keeps products reasonably priced. Headquartered in Portland, OR, Nyxio Technologies is a publicly traded company with more than 15 knowledgeable employees. For more information visit: www.nyxio.com.
INVESTOR RELATIONS
Summit IR Services, Inc.
Phone: 1-855-436-6996 (NYXO)
info@nyxiotech.com
www.nyxio.com
Visit the NYXO company profile at Investorideas.com
http://www.investorideas.com/CO/NYXO/
Sign up for the free investor news and stock alerts including NYXO
At Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. NYXO is a paid advertising showcase company on Investorideas.com – three thousand per month
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
www.InvestorIdeas.com/About/Disclaimer.asp
Contact Investorideas.com
800-665-0411 – cvanzant@investorideas.com
Source – Investorideas.com
Thursday, August 11, 2011
(OTCBB: ECDC) RFID Technology Provides Monitoring and Security for Oil Tankers and Pipelines
POINT ROBERTS, Wash., August 11, 2011 - www.InvestorIdeas.com, a global investor research portal, specializing in sector research including oil and gas stocks and RFID stocks, reports on
East Coast Diversified Corporation (OTCBB: ECDC) RFID technology and its applications for the oil and gas industry.
According to the company, “Oil and other natural gases are generally subject to theft and manipulation. Both have significant impact on the global economy. We provide the most cost effective application for monitoring and securing oil and gas whether in transit on a tanker or pipeline or at fixed locations.
With wireless communication between GPS and RFID, we turn raw event data into actionable information that allows proactive responses to asset manipulation or theft.
With a combination of several products in our portfolio we create solutions that secure oil and gas in transit or traveling in a pipeline. A combination of our LogiBoxx and RFSeal will secure oil tankers and their contents and a combination of our LogiBoxx and AID sensor tags can secure tens of thousands of oil and gas pipelines. Our proprietary GATIS software provides a web based application for live monitoring of all assets in the supply chain.”
The American Petroleum Industry (www.API.org ) reports, “The U.S. oil and natural gas industry has long operated globally, often in unstable regions overseas where security is an integral part of providing for the world’s energy needs. After September 11th, 2001, the industry partnered with federal and local authorities to reevaluate and strengthen our domestic security.
Companies adapted their overseas security experience to domestic installations.Nationwide, oil and gas companies made major investments in construction, training and communications all the way from wellheads and offshore platforms to tankers, ports, pipelines, refineries, storage tanks, and most importantly, employees and their communities.
The partnership forged between the oil and natural gas industry and government at all levels is now working to protect hundreds of facilities across the country from the potential of terrorist attacks.”
Investorideas.com RFID Showcase Stock:
East Coast Diversified Corporation (OTCBB: ECDC)
EarthSearch Communications, an ECDC Company (OTCBB:ECDC), is a US-based business whose flagship product, LogiBoxx(TM), integrates GPS and RFID at the hardware level. When combined with its proprietary Global Asset Tracking and Identification System (GATIS) middleware, LogiBoxx and GATIS become the centerpieces of a LogiBoxx Certified Solution. An unprecedented business decision-making tool, a LogiBoxx Certified Solution offers continuous visibility within the Supply Chain, Logistics, and Asset Management and Control industries. Along with its integrated, patent-pending GPS and RFID technologies, EarthSearch also offers a complete line of innovative RFID solutions. Its expertise with GPS and RFID technologies, combined with exceptional support and service facilities, distinguishes EarthSearch as a leading manufacturer and supplier of real-time location solutions in the marketplace.
Visit the showcase page at Investorideas.com
http://www.investorideas.com/CO/ECDC/
For more information on East Coast Diversified, visit www.eastcoastdiversified.com
or www.earthsearch.us
Sign up for the free investor news letter and get stock alerts http://www.investorideas.com/Resources/Newsletter.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
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Disclosure: ECDC is a paid advertising company on Investorideas.com: four thousand per month
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East Coast Diversified Corporation (OTCBB: ECDC) RFID technology and its applications for the oil and gas industry.
According to the company, “Oil and other natural gases are generally subject to theft and manipulation. Both have significant impact on the global economy. We provide the most cost effective application for monitoring and securing oil and gas whether in transit on a tanker or pipeline or at fixed locations.
With wireless communication between GPS and RFID, we turn raw event data into actionable information that allows proactive responses to asset manipulation or theft.
With a combination of several products in our portfolio we create solutions that secure oil and gas in transit or traveling in a pipeline. A combination of our LogiBoxx and RFSeal will secure oil tankers and their contents and a combination of our LogiBoxx and AID sensor tags can secure tens of thousands of oil and gas pipelines. Our proprietary GATIS software provides a web based application for live monitoring of all assets in the supply chain.”
The American Petroleum Industry (www.API.org ) reports, “The U.S. oil and natural gas industry has long operated globally, often in unstable regions overseas where security is an integral part of providing for the world’s energy needs. After September 11th, 2001, the industry partnered with federal and local authorities to reevaluate and strengthen our domestic security.
Companies adapted their overseas security experience to domestic installations.Nationwide, oil and gas companies made major investments in construction, training and communications all the way from wellheads and offshore platforms to tankers, ports, pipelines, refineries, storage tanks, and most importantly, employees and their communities.
The partnership forged between the oil and natural gas industry and government at all levels is now working to protect hundreds of facilities across the country from the potential of terrorist attacks.”
Investorideas.com RFID Showcase Stock:
East Coast Diversified Corporation (OTCBB: ECDC)
EarthSearch Communications, an ECDC Company (OTCBB:ECDC), is a US-based business whose flagship product, LogiBoxx(TM), integrates GPS and RFID at the hardware level. When combined with its proprietary Global Asset Tracking and Identification System (GATIS) middleware, LogiBoxx and GATIS become the centerpieces of a LogiBoxx Certified Solution. An unprecedented business decision-making tool, a LogiBoxx Certified Solution offers continuous visibility within the Supply Chain, Logistics, and Asset Management and Control industries. Along with its integrated, patent-pending GPS and RFID technologies, EarthSearch also offers a complete line of innovative RFID solutions. Its expertise with GPS and RFID technologies, combined with exceptional support and service facilities, distinguishes EarthSearch as a leading manufacturer and supplier of real-time location solutions in the marketplace.
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For more information on East Coast Diversified, visit www.eastcoastdiversified.com
or www.earthsearch.us
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Wednesday, August 10, 2011
Tech Trading Alert; Nyxio Technologies (OTC.BB: NYXO) Moves on News Unveiling First Fully Integrated Smart TV with Built-In PC
POINT ROBERTS, Aug. 10, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, issues a trading alert for Nyxio Technologies Corporation (OTC.BB: NYXO). The stock traded 907,788 shares, closing at $0.53, up .06 or 12.77% yesterday and continues its gains in morning trading.
The company reported it had launched the VioSphere Smart TV, the first -- and only -- fully integrated television with a built-in personal computer on the market today. Designed as a full-spectrum entertainment system, the touch-screen TV combines HDTV technology with a personal computer and media center. The latest product from Nyxio, the VioSphere Smart TV, saves time, money, space and energy.
The VioSphere Smart TV centers on a fully integrated touch-screen TV. Integrated components include a DVD player/burner, Bluetooth, Wi-Fi, webcam and, of course, a PC. A split-screen design allows for experiencing content via television while viewing content from the PC simultaneously. Touch-screen navigation enables users to move through applications and features easily. Additionally, the VioSphere Smart TV offers video conferencing capabilities, which extends its use from home to the professional setting.
About Nyxio Technologies Corporation (OTCBB: NYXO)
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Nyxio Technologies was established in 2007 to deliver high-quality, cutting-edge products to the consumer electronics industry. Nyxio identifies gaps in the market and develops creative products to fill those voids, such as with the world's first integrated flat screen TV and full PC, the VioSphere Smart TV. In addition, by consolidating key hardware into more efficient devices, Nyxio not only reduces the overall environmental footprint of end users, but keeps products reasonably priced. Headquartered in Portland, OR, Nyxio Technologies is a publicly traded company with more than 15 knowledgeable employees. For more information visit: www.nyxio.com.
INVESTOR RELATIONS
Summit IR Services, Inc.
Phone: 1-855-436-6996 (NYXO)
info@nyxiotech.com
www.nyxio.com
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The company reported it had launched the VioSphere Smart TV, the first -- and only -- fully integrated television with a built-in personal computer on the market today. Designed as a full-spectrum entertainment system, the touch-screen TV combines HDTV technology with a personal computer and media center. The latest product from Nyxio, the VioSphere Smart TV, saves time, money, space and energy.
The VioSphere Smart TV centers on a fully integrated touch-screen TV. Integrated components include a DVD player/burner, Bluetooth, Wi-Fi, webcam and, of course, a PC. A split-screen design allows for experiencing content via television while viewing content from the PC simultaneously. Touch-screen navigation enables users to move through applications and features easily. Additionally, the VioSphere Smart TV offers video conferencing capabilities, which extends its use from home to the professional setting.
About Nyxio Technologies Corporation (OTCBB: NYXO)
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Request news or alerts on Nyxio Technologies Corporation (OTCBB: NYXO)
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Nyxio Technologies was established in 2007 to deliver high-quality, cutting-edge products to the consumer electronics industry. Nyxio identifies gaps in the market and develops creative products to fill those voids, such as with the world's first integrated flat screen TV and full PC, the VioSphere Smart TV. In addition, by consolidating key hardware into more efficient devices, Nyxio not only reduces the overall environmental footprint of end users, but keeps products reasonably priced. Headquartered in Portland, OR, Nyxio Technologies is a publicly traded company with more than 15 knowledgeable employees. For more information visit: www.nyxio.com.
INVESTOR RELATIONS
Summit IR Services, Inc.
Phone: 1-855-436-6996 (NYXO)
info@nyxiotech.com
www.nyxio.com
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. NYXO is a paid advertising showcase company on Investorideas.com – three thousand per month
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Tuesday, August 9, 2011
Tech Stock; Nyxio Technologies (OTCBB:NYXO) Unveils First Fully Integrated Smart TV With Built-In PC
PORTLAND, OR - August 9, 2011 (Investorideas.com Tech stocks newswire) - Nyxio Technologies Corporation (OTC.BB: NYXO.PK) ("Nyxio" or the "Company"), a leading provider of quality cutting-edge consumer electronics, introduces: the VioSphere Smart TV, the first -- and only -- fully integrated television with a built-in personal computer on the market today. Designed as a full-spectrum entertainment system, the touch-screen TV combines HDTV technology with a personal computer and media center. The latest product from Nyxio, the VioSphere Smart TV, saves time, money, space and energy.
The VioSphere Smart TV centers on a fully integrated touch-screen TV. Integrated components include a DVD player/burner, Bluetooth, Wi-Fi, webcam and, of course, a PC. A split-screen design allows for experiencing content via television while viewing content from the PC simultaneously. Touch-screen navigation enables users to move through applications and features easily. Additionally, the VioSphere Smart TV offers video conferencing capabilities, which extends its use from home to the professional setting.
"Today's entertainment options are broader than ever before, and Nyxio has created a television that accommodates the many media available to the consumer, including television, film, video and games, both online and off," said Giorgio Johnson, founder and CEO of Nyxio. "Essentially, the VioSphere Smart TV is the ultimate home entertainment system."
VioSphere Smart TV Features at a Glance:
Although the VioSphere Smart TV is Nyxio's flagship product, the company has introduced various other cutting-edge electronics and accessories since its inception in 2007. Other products on the market include the Realm, an all-in-one PC/TV; the Omega, a 10.2" tablet PC; and the Venture Mobile Media Viewers (MMV), a new class of video eyewear. Nyxio continues to innovate in order to meet the anticipated needs of today's savvy consumers.
Additional details regarding the Company, its business and its agreements are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit: www.nyxio.com.
About Nyxio Technologies Corporation (OTCBB: NYXO)
Nyxio is fast becoming a leading-edge driver and developer of technology for the consumer electronics industry. Featuring the VioSphere flat screen TV with integrated PC, Nyxio is dedicated to bringing revolutionary designs to market including tablet PCs, All-in-One PCs, Smart TVs, and groundbreaking concepts like the Venture "Mobile Media Viewer" ("VMMV"). The Company's development process identifies technological deficiencies within the consumer electronics market and aims to develop product offerings that provide creative solutions aimed at improving operating efficiencies and to reduce the overall environmental footprint of end users. For more information visit: www.nyxiotechnologies.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the UnitedStates
Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact:
INVESTOR RELATIONS
Summit IR Services, Inc.
Phone: 1-855-436-6996 (NYXO)
info@nyxiotech.com
www.nyxio.com
MEDIA CONTACT
Angie Galimanis
503-546-7871
angie@lanepr.com
The VioSphere Smart TV centers on a fully integrated touch-screen TV. Integrated components include a DVD player/burner, Bluetooth, Wi-Fi, webcam and, of course, a PC. A split-screen design allows for experiencing content via television while viewing content from the PC simultaneously. Touch-screen navigation enables users to move through applications and features easily. Additionally, the VioSphere Smart TV offers video conferencing capabilities, which extends its use from home to the professional setting.
"Today's entertainment options are broader than ever before, and Nyxio has created a television that accommodates the many media available to the consumer, including television, film, video and games, both online and off," said Giorgio Johnson, founder and CEO of Nyxio. "Essentially, the VioSphere Smart TV is the ultimate home entertainment system."
VioSphere Smart TV Features at a Glance:
- 22", 26", 32", 37", 42", 47", 55" and 65" LCD display screen with 1080p HD
- Touch screen (also available in non-touch screen)
- Built-in DVD player/burner
- Bluetooth
- Wi-Fi
- Realtek RTL8102 PCI-E Fast Ethernet/LAN
- Embedded Webcam
- Embedded codec, microphone and ultimate sound system
- Bluetooth Wireless keyboard
- 320GB hard drive (up to 1TB)
- Operating system: Windows 7 Ultimate
- Inputs: HDMI, USB, VGA, S-Video, DVI, AV, microphone, earphone
Although the VioSphere Smart TV is Nyxio's flagship product, the company has introduced various other cutting-edge electronics and accessories since its inception in 2007. Other products on the market include the Realm, an all-in-one PC/TV; the Omega, a 10.2" tablet PC; and the Venture Mobile Media Viewers (MMV), a new class of video eyewear. Nyxio continues to innovate in order to meet the anticipated needs of today's savvy consumers.
Additional details regarding the Company, its business and its agreements are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit: www.nyxio.com.
About Nyxio Technologies Corporation (OTCBB: NYXO)
Nyxio is fast becoming a leading-edge driver and developer of technology for the consumer electronics industry. Featuring the VioSphere flat screen TV with integrated PC, Nyxio is dedicated to bringing revolutionary designs to market including tablet PCs, All-in-One PCs, Smart TVs, and groundbreaking concepts like the Venture "Mobile Media Viewer" ("VMMV"). The Company's development process identifies technological deficiencies within the consumer electronics market and aims to develop product offerings that provide creative solutions aimed at improving operating efficiencies and to reduce the overall environmental footprint of end users. For more information visit: www.nyxiotechnologies.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United
Contact:
INVESTOR RELATIONS
Summit IR Services, Inc.
Phone: 1-855-436-6996 (NYXO)
info@nyxiotech.com
www.nyxio.com
MEDIA CONTACT
Angie Galimanis
503-546-7871
angie@lanepr.com
NYXIO TECH CORP (OTC: NYXO) is a showcase stock on Investorideas.com
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Disclosure: NYXO is a showcase stock on Investorideas.com and the site is compensated three thousand per per month, third party, starting August 1, 2011
Wednesday, August 3, 2011
RFID Stock; ZST Digital Networks, Inc. (NASDAQ:ZSTN) Announces Second Quarter 2011 Results
ZHENGZHOU, China - August 3, 2011 (Investorideas.com RFID stocks newswire) � ZST Digital Networks, Inc. (NASDAQ:ZSTN) (the "Company" or "ZST"), a major developer, manufacturer and supplier of digital and optical network equipment to cable system operators and provider of GPS tracking devices and support services for transport-related enterprises in China, today announced its financial results for the second quarter ended June 30, 2011.
Second Quarter 2011 (unaudited) Financial Highlights
Mr. Henry Ngan, Chief Financial Officer of ZST, commented, "We delivered a strong financial performance in the second quarter with year-over-year revenue increases across all three of our product segments. We believe that the underlying demand for our products and services remains healthy, and we are especially pleased with the rapid growth of our commercial GPS segment. While gross profit margin declined slightly in the quarter due to the change in sales mix of our IPTV products, we nevertheless maintained a healthy profit margin level thanks to the high-margin profile of our commercial GPS products and services. We further strengthened our balance sheet in the second quarter, and we believe that we are well-positioned to fund our continued growth. We enter the second half of the year on a strong footing and maintain our commitment to increasing long-term shareholder value."
Second Quarter 2011 (unaudited) Financial Highlights
Revenue
Revenue for the second quarter of 2011 was US$41.4 million, representing an increase of 25% from US$33.0 million in the second quarter of 2010. The primary reason for the increase in revenue during the quarter was strong growth in the commercial GPS-related business line. Revenue from sales of GPS devices and related service amounted to $12.1 million, representing an increase of 102% year-over-year, supported by the growing market demand for commercial GPS fleet management systems in response to government regulations requiring the registration of certain types of commercial vehicles on GPS platforms for government monitoring purposes. For the second quarter, the cable TV-related business and the commercial GPS-related business accounted for approximately 71% and 29% of total revenue, respectively, compared to 82% and 18% for the comparable period in 2010.
Gross Profit and Gross Profit Margin
Gross profit for the second quarter of 2011 was US$10.2 million, representing a 24% year-over-year increase. Gross profit margin for the second quarter of 2011 was 24.7%, essentially flat compared to25% in the second quarter of 2010.
Operating Expenses
Total operating expenses for the second quarter of 2011 were US$1.4 million, representing an increase of 39% from US$1.0 million in the second quarter of 2010.This increase in operating expenses was primarily a result of the higher volume of business activities generated.
Selling expenses for the second quarter 2011 were US$203,000, an increase of 86% from US$109,000 for the second quarter of 2010. Selling expenses comprise mainly salaries, shipping costs, and after-sale service expenses. Since our suppliers cover most of the shipping costs, we have not incurred high selling expense relative to our substantial increase in revenue. As a percentage of total revenue, selling expenses accounted for 0.5% and 0.3% for the second quarter of 2011 and 2010, respectively.
Research and development expenses (R&D) for the second quarter 2011 were US$167,000, an increase of 76% compared to US$95,000 for the second quarter of 2010. The increase resulted from the continued focus on the commercial GPS tracking business as we continued to expand the overall scope of the segment. As a percentage to total revenue, R&D expense accounted for 0.4% and 0.3% for the second quarter of 2011 and 2010, respectively.
General and administrative expenses (G&A) for the second quarter 2011 were US$1.1 million, up 28% from US$0.8 million in the second quarter of 2010. The rise in G&A expenses was mainly attributable to an increase in salary expenses and stock-based compensation. As a percentage to total revenue, G&A expenses accounted for 2.6% and 2.5% for the second quarter of 2011 and 2010, respectively.
Income from Operations
Income from operations was US$8.8 million in the second quarter of 2011 representing an increase of 22% compared to operating income of US$7.2 million in the second quarter of 2010.
Income Tax
Income tax expense for the second quarter of 2011 was US$2.5 million, compared to approximately US$2.0 million in the second quarter of 2010. This increase was mainly due to an increase in taxable income.
Net Income and EPS
Net income for the second quarter of 2011 was US$6.4 million, a year-over-year increase of 22% from US$5.2 million in the second quarter of 2010. Net margin was 15.4% for the second quarter of 2011 compared to15.7% in the second quarter of 2010.
Diluted net income per share was US$0.55 in the second quarter 2011, compared to US$0.45 for the second quarter of 2010, based on weighted-average common shares outstanding of 11,613,730 and 11,650,442, respectively.
Balance Sheet
Cash and cash equivalents totaled to US$50.2 million as of June 30, 2011, compared to US$40.2 million as of March 31, 2011, primarily attributable to cash generated from operations.
As of June 30, 2011, total accounts receivables were US$27.8 million, an increase of 31% from US$21.3million as of March 31, 2011, primarily due to a higher volume of business generated.
Full Year 2011 Outlook - For the full year 2011, the Company reiterates its estimates that revenues will range between US$160 million and US$175 million, and net income will range between US$28 million and US$30 million. This represents the Company's current and preliminary view, which is subject to change.
Conference Call
ZST senior management will host a conference call on August 3, 2011 at 7:00 am (U.S. Pacific Time) / 10:00 am (U.S. Eastern Time) / 10:00pm (HK / Beijing Time) to discuss its 2011 second quarter financial results and recent business activities.
The conference call may be accessed by calling +1-866-519-4004 or +1-718-354-1231 (for callers in the U.S.), 800-819-0121 (for callers in China), 800-930-346 (for callers in Hong Kong), +0808-234-6646 (for callers in United Kingdom) or +65-6723-9381 (for other international callers) and entering passcode 86908938. Please dial in approximately 10 minutes before the scheduled time of the call.
A recording of the conference call will be available through August 16, 2011, by calling +1-866-214-5335 (for callers in the U.S.) or +61-2-8235-5000 (for callers outside the U.S.) and entering pass code 86908938.
About ZST Digital Network, Inc.
ZST Digital Networks, Inc. (Nasdaq:ZSTN) is a China-based company, principally engaged in (1) supplying digital and optical network equipment and providing installation services to cable system operators in China and (2) providing GPS location and tracking services to local logistics and transportation companies in China. The Company has developed a line of IPTV devices that are used to provide bundled cable television, Internet and telephone services to residential and commercial customers. The Company has assisted in the installation and construction of over 400 local cable networks in more than 90 municipal districts, counties, townships, and enterprises. The Company has also launched a commercial line of vehicle tracking devices utilizing our GPS tracking technologies and support services for transport-related enterprises to track, monitor and optimize their businesses. For more information about ZST Digital Networks, Inc., please visit http://www.zstdigital.com/english.
"Safe Harbor" Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes, expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including, but not limited to, the non-binding nature of the letter of intent entered into with EarthSearch; risks related to techniques employed by manipulative short sellers in Chinese small cap stocks that may drive down the market price of our common stock.; our ability to maintain and increase revenues and sales of our products; our ability to develop and market new products; our strategic investments and acquisitions; compliance and changes in the laws of the People's Republic of China (the "PRC") that affect our operations; our ability to obtain all necessary government certifications and/or licenses to conduct our business; vulnerability of our business to general economic downturn, especially in the PRC; adverse capital and credit market conditions; our ability to meet liquidity needs; and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the factors discussed above and in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
Contacts:
Company Contact:
ZST Digital Networks Inc.
Henry H. Ngan, Chief Financial Officer
Email: ir@zstdigital.com
Investor Relations (US):
Bryan Degnan
Taylor Rafferty
Tel: +1 (212) 889-4350
Email: zstdigital@taylor-rafferty.com
Investor Relations (HK):
Mahmoud Siddig
Taylor Rafferty
Tel: +852-3196-3712
Email: zstdigital@taylor-rafferty.com
About EarthSearch Communications
EarthSearch Communications, an ECDC Company (OTC.BB:ECDC), is a US-based business whose flagship product, LogiBoxx�, integrates GPS and RFID at the hardware level. When combined with its proprietary Global Asset Tracking and Identification System (GATIS) middleware, LogiBoxx and GATIS become the centerpieces of a LogiBoxx Certified Solution. An unprecedented business decision-making tool, a LogiBoxx Certified Solution offers continuous visibility within the Supply Chain, Logistics, and Asset Management and Control industries. Along with its integrated, patent-pending GPS and RFID technologies, EarthSearch also offers a complete line of innovative RFID solutions. Its expertise with GPS and RFID technologies, combined with exceptional support and service facilities, distinguishes EarthSearch as a leading manufacturer and supplier of real-time location solutions in the marketplace. For more information on EarthSearch, visit www.earthsearch.us.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
Editorial Contacts
Glenn Davis - EarthSearch Communications, an ECDC Company, - 1 770-953-4184 - +866-503-9316 - investorrelations@earthsearch.us
Second Quarter 2011 (unaudited) Financial Highlights
- Total revenue was US$41.4 million, an increase of 25% compared to the second quarter of 2010.
- Gross profit for the second quarter 2011 was US$10.2 million, an increase of 24% compared to the second quarter 2010.
- Gross profit margin for the second quarter 2011 was 24.7%, compared to 25.0% for the second quarter of 2010.
- Operating income for the second quarter 2011 was US$8.8 million, an increase of22% compared to the second quarter of 2010.
- Net income for the second quarter 2011 was US$6.4 million, an increase of 22% compared to the second quarter of 2010.
- Net income margin for the second quarter of 2011 was 15.4%, compared to 15.7% for the second quarter of 2010.
- On June 8, 2011, the Company announced that it signed a Letter of Intent with EarthSearch Communications International, Inc. ("EarthSearch"), a subsidiary of East Coast Diversified Corporation (OTC.BB:ECDC) as the basis for further discussion regarding the terms and conditions that may apply in a formal agreement to be executed between both parties in the future. Under any such formal agreement, ZST Digital would be granted Chinese distribution and marketing rights to EarthSearch'sLogiboxx product, a proprietary technology for integrated wireless communication between GPS and RFID, and ZST would provide technical and administrative support for the product in China.
- On June 20, 2011, the Company announced that it filed a patent application with the Chinese State Intellectual Property Office (SIPO) to ensure intellectual property protection for its Assisted GPS technology. Assisted GPS, or A-GPS, is a technology used to improve the performance of traditional standalone GPS tracking systems which rely solely on radio signals from satellites and can be impacted by poor signal conditions in certain environments, for example in dense urban areas. Without requiring any additional hardware, ZST Digital's A-GPS system can make use of the GSM modules and location based service (LBS) capabilities of customers' existing mobile phone equipment, in conjunction with additional software, to introduce LBS capabilities to the GPS system, forming a dual-positioning mode.
- On July 12, 2011, the Company reported that Chairman and Chief Executive Officer Mr. Zhong Bo was named a "Zhengzhou City Outstanding Entrepreneur" in a ceremony held by the Zhengzhou Association of Enterprises and the Zhengzhou Entrepreneurs Association.
Mr. Henry Ngan, Chief Financial Officer of ZST, commented, "We delivered a strong financial performance in the second quarter with year-over-year revenue increases across all three of our product segments. We believe that the underlying demand for our products and services remains healthy, and we are especially pleased with the rapid growth of our commercial GPS segment. While gross profit margin declined slightly in the quarter due to the change in sales mix of our IPTV products, we nevertheless maintained a healthy profit margin level thanks to the high-margin profile of our commercial GPS products and services. We further strengthened our balance sheet in the second quarter, and we believe that we are well-positioned to fund our continued growth. We enter the second half of the year on a strong footing and maintain our commitment to increasing long-term shareholder value."
Second Quarter 2011 (unaudited) Financial Highlights
Revenue
Revenue for the second quarter of 2011 was US$41.4 million, representing an increase of 25% from US$33.0 million in the second quarter of 2010. The primary reason for the increase in revenue during the quarter was strong growth in the commercial GPS-related business line. Revenue from sales of GPS devices and related service amounted to $12.1 million, representing an increase of 102% year-over-year, supported by the growing market demand for commercial GPS fleet management systems in response to government regulations requiring the registration of certain types of commercial vehicles on GPS platforms for government monitoring purposes. For the second quarter, the cable TV-related business and the commercial GPS-related business accounted for approximately 71% and 29% of total revenue, respectively, compared to 82% and 18% for the comparable period in 2010.
Gross Profit and Gross Profit Margin
Gross profit for the second quarter of 2011 was US$10.2 million, representing a 24% year-over-year increase. Gross profit margin for the second quarter of 2011 was 24.7%, essentially flat compared to25% in the second quarter of 2010.
Operating Expenses
Total operating expenses for the second quarter of 2011 were US$1.4 million, representing an increase of 39% from US$1.0 million in the second quarter of 2010.This increase in operating expenses was primarily a result of the higher volume of business activities generated.
Selling expenses for the second quarter 2011 were US$203,000, an increase of 86% from US$109,000 for the second quarter of 2010. Selling expenses comprise mainly salaries, shipping costs, and after-sale service expenses. Since our suppliers cover most of the shipping costs, we have not incurred high selling expense relative to our substantial increase in revenue. As a percentage of total revenue, selling expenses accounted for 0.5% and 0.3% for the second quarter of 2011 and 2010, respectively.
Research and development expenses (R&D) for the second quarter 2011 were US$167,000, an increase of 76% compared to US$95,000 for the second quarter of 2010. The increase resulted from the continued focus on the commercial GPS tracking business as we continued to expand the overall scope of the segment. As a percentage to total revenue, R&D expense accounted for 0.4% and 0.3% for the second quarter of 2011 and 2010, respectively.
General and administrative expenses (G&A) for the second quarter 2011 were US$1.1 million, up 28% from US$0.8 million in the second quarter of 2010. The rise in G&A expenses was mainly attributable to an increase in salary expenses and stock-based compensation. As a percentage to total revenue, G&A expenses accounted for 2.6% and 2.5% for the second quarter of 2011 and 2010, respectively.
Income from Operations
Income from operations was US$8.8 million in the second quarter of 2011 representing an increase of 22% compared to operating income of US$7.2 million in the second quarter of 2010.
Income Tax
Income tax expense for the second quarter of 2011 was US$2.5 million, compared to approximately US$2.0 million in the second quarter of 2010. This increase was mainly due to an increase in taxable income.
Net Income and EPS
Net income for the second quarter of 2011 was US$6.4 million, a year-over-year increase of 22% from US$5.2 million in the second quarter of 2010. Net margin was 15.4% for the second quarter of 2011 compared to15.7% in the second quarter of 2010.
Diluted net income per share was US$0.55 in the second quarter 2011, compared to US$0.45 for the second quarter of 2010, based on weighted-average common shares outstanding of 11,613,730 and 11,650,442, respectively.
Balance Sheet
Cash and cash equivalents totaled to US$50.2 million as of June 30, 2011, compared to US$40.2 million as of March 31, 2011, primarily attributable to cash generated from operations.
As of June 30, 2011, total accounts receivables were US$27.8 million, an increase of 31% from US$21.3million as of March 31, 2011, primarily due to a higher volume of business generated.
Full Year 2011 Outlook - For the full year 2011, the Company reiterates its estimates that revenues will range between US$160 million and US$175 million, and net income will range between US$28 million and US$30 million. This represents the Company's current and preliminary view, which is subject to change.
Conference Call
ZST senior management will host a conference call on August 3, 2011 at 7:00 am (U.S. Pacific Time) / 10:00 am (U.S. Eastern Time) / 10:00pm (HK / Beijing Time) to discuss its 2011 second quarter financial results and recent business activities.
The conference call may be accessed by calling +1-866-519-4004 or +1-718-354-1231 (for callers in the U.S.), 800-819-0121 (for callers in China), 800-930-346 (for callers in Hong Kong), +0808-234-6646 (for callers in United Kingdom) or +65-6723-9381 (for other international callers) and entering passcode 86908938. Please dial in approximately 10 minutes before the scheduled time of the call.
A recording of the conference call will be available through August 16, 2011, by calling +1-866-214-5335 (for callers in the U.S.) or +61-2-8235-5000 (for callers outside the U.S.) and entering pass code 86908938.
About ZST Digital Network, Inc.
ZST Digital Networks, Inc. (Nasdaq:ZSTN) is a China-based company, principally engaged in (1) supplying digital and optical network equipment and providing installation services to cable system operators in China and (2) providing GPS location and tracking services to local logistics and transportation companies in China. The Company has developed a line of IPTV devices that are used to provide bundled cable television, Internet and telephone services to residential and commercial customers. The Company has assisted in the installation and construction of over 400 local cable networks in more than 90 municipal districts, counties, townships, and enterprises. The Company has also launched a commercial line of vehicle tracking devices utilizing our GPS tracking technologies and support services for transport-related enterprises to track, monitor and optimize their businesses. For more information about ZST Digital Networks, Inc., please visit http://www.zstdigital.com/english.
"Safe Harbor" Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes, expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including, but not limited to, the non-binding nature of the letter of intent entered into with EarthSearch; risks related to techniques employed by manipulative short sellers in Chinese small cap stocks that may drive down the market price of our common stock.; our ability to maintain and increase revenues and sales of our products; our ability to develop and market new products; our strategic investments and acquisitions; compliance and changes in the laws of the People's Republic of China (the "PRC") that affect our operations; our ability to obtain all necessary government certifications and/or licenses to conduct our business; vulnerability of our business to general economic downturn, especially in the PRC; adverse capital and credit market conditions; our ability to meet liquidity needs; and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the factors discussed above and in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
Contacts:
Company Contact:
ZST Digital Networks Inc.
Henry H. Ngan, Chief Financial Officer
Email: ir@zstdigital.com
Investor Relations (US):
Bryan Degnan
Taylor Rafferty
Tel: +1 (212) 889-4350
Email: zstdigital@taylor-rafferty.com
Investor Relations (HK):
Mahmoud Siddig
Taylor Rafferty
Tel: +852-3196-3712
Email: zstdigital@taylor-rafferty.com
About EarthSearch Communications
EarthSearch Communications, an ECDC Company (OTC.BB:ECDC), is a US-based business whose flagship product, LogiBoxx�, integrates GPS and RFID at the hardware level. When combined with its proprietary Global Asset Tracking and Identification System (GATIS) middleware, LogiBoxx and GATIS become the centerpieces of a LogiBoxx Certified Solution. An unprecedented business decision-making tool, a LogiBoxx Certified Solution offers continuous visibility within the Supply Chain, Logistics, and Asset Management and Control industries. Along with its integrated, patent-pending GPS and RFID technologies, EarthSearch also offers a complete line of innovative RFID solutions. Its expertise with GPS and RFID technologies, combined with exceptional support and service facilities, distinguishes EarthSearch as a leading manufacturer and supplier of real-time location solutions in the marketplace. For more information on EarthSearch, visit www.earthsearch.us.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
Editorial Contacts
Glenn Davis - EarthSearch Communications, an ECDC Company, - 1 770-953-4184 - +866-503-9316 - investorrelations@earthsearch.us
East Coast Diversified Corporation (OTCBB:ECDC) is a Showcase RFID and Security Stock on Investorideas.com
Disclosure: Investorideas.com is compensated four thousand per month effective July 10 2011
Disclosure: Investorideas.com is compensated four thousand per month effective July 10 2011
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