MINDEN, Nev. - July 10, 2012 (Investorideas.com Newswire) Small cap tech stock news update:
Spare Backup Inc.(OTCBB: SPBU), a provider of data backup and security
software for smartphones, tablets and PCs, which is carrier and
manufacturer agnostic, reports it has reduced its outstanding
liabilities by approximately $1 million dollars in the third quarter of
2012 as management has begun an extensive review of certain accounts
payable and other obligations of the company. Management believes
there will be additional reductions in overall liabilities including the
elimination of certain aged payables and renegotiation of others which
will help to strengthen its balance sheet in the coming quarters.
"Our team is working diligently to place Spare Backup on more solid financial
ground as we support the extensive launch of our service in North
America and Europe." commented Cery Perle, CEO of Spare Backup, "Our
initial review in conjunction with legal counsel has led to the
elimination of approximately $1 million dollars in legacy items and we
are currently reviewing a number of additional items which we believe
will lead to a further reduction in liabilities. We are confident that
through these measures and through our aggressive rollout, we will be
able to achieve our growth targets and build a profitable future for our
company and its stockholders."
About Spare Backup, Inc.
Spare Backup, Inc. is a leading provider of data backup and
security software for smartphones, tablets and PCs. Spare Backup's
software enables consumers and small to medium sized businesses to
easily protect valuable computer and mobile data quickly, automatically
and cost-effectively. Spare Backup software intelligently selects,
secures and stores personal and business content on a continuous basis
or according to the schedule of the user's choice. It also allows for
the integration of that content across various devices and provides
enhanced security features to protect valuable data on any lost or
stolen devices. Spare Backup software is the first totally automated
cloud-based backup service that is distributed on a stand-alone or
private label basis through major retail and warranty service partners
in North America and Europe.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a
safe harbor for forward-looking information made on the company's
behalf. All statements, other than statements of historical facts,
which address the company's expectations of sources of capital or which
express the company's expectation for the future with respect to
financial performance or operating strategies can be identified as
forward-looking statements. Such statements made by the company are
based on knowledge of the environment in which it operates, but because
of the possibility of unknown factors, as well as other factors beyond
the control of the company, actual results may differ materially from
the expectations expressed in the forward-looking statement. An
investment in our common stock involves a significant degree of risk.
You should not invest
in our common stock unless you can afford to lose your entire
investment. You should consider carefully all risk factors and other
information in our annual report and quarterly filings before deciding
to invest in our common stock. If any of the following risks and
uncertainties develops into actual events, our business, financial
condition or results of operations could be materially adversely
affected and you could lose your entire investment in our company.
Forward Looking Statements:
This press release contains forward-looking statements that involve
a number of risks and uncertainties, including statements regarding the
outlook of the Company's business and results of operations. By nature,
these risks and uncertainties could cause actual results to differ
materially from those indicated. Generally speaking, any statements
using terms such as "will," "expect," "anticipate," or "may," or which
otherwise predict or address future results or events, are likely to
contain forward-looking statements. It is important to note that actual
results may differ materially from what is indicated in any
forward-looking statement. Readers should consider any forward-looking
statements in light of factors that could cause actual results to vary.
These factors are described in Spare Backups filings with the SEC, and
readers should refer to those filings, including Risk Factors described
in those filings, in connection with any forward-looking statements.
The Company disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information,
future events or otherwise.
CONTACT
Investor Contact:
Kevin Fickle, President
NUWA Group, LLC
415.525.8275
kevin@nuwagroup.com
Published at Investorideas.com
Disclaimer/ Disclosure : The 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. Disclosure: A third party on behalf of SPBU
compensated Investorideas.com for news release publishing and
distribution: three thousand five hundred per month and four hundred
thousand 144 shares for a six month period
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, July 10, 2012
Spare Backup (OTCBB: SPBU), Provider of Data Backup and Security Software for smartphones, tablets and PCs, Reduces Liabilities by $1 Million for Third Quarter
MINDEN, Nev. - July 10, 2012 (Investorideas.com Newswire) Spare Backup Inc.(OTCBB: SPBU),
a provider of data backup and security software for smartphones,
tablets and PCs, which is carrier and manufacturer agnostic, today
announced that Spare Backup has reduced its outstanding liabilities by
approximately $1 million dollars
in the third quarter of 2012 as management has begun an extensive
review of certain accounts payable and other obligations of the company.
Management believes there will be additional reductions in overall
liabilities including the elimination of certain aged payables and
renegotiation of others which will help to strengthen its balance sheet
in the coming quarters.
"Our team is working diligently to place Spare Backup on more solid financial ground as we support the extensive launch of our service in North America and Europe." commented Cery Perle, CEO of Spare Backup, "Our initial review in conjunction with legal counsel has led to the elimination of approximately $1 million dollars in legacy items and we are currently reviewing a number of additional items which we believe will lead to a further reduction in liabilities. We are confident that through these measures and through our aggressive rollout, we will be able to achieve our growth targets and build a profitable future for our company and its stockholders."
About Spare Backup, Inc.
Spare Backup, Inc. is a leading provider of data backup and security software for smartphones, tablets and PCs. Spare Backup's software enables consumers and small to medium sized businesses to easily protect valuable computer and mobile data quickly, automatically and cost-effectively. Spare Backup software intelligently selects, secures and stores personal and business content on a continuous basis or according to the schedule of the user's choice. It also allows for the integration of that content across various devices and provides enhanced security features to protect valuable data on any lost or stolen devices. Spare Backup software is the first totally automated cloud-based backup service that is distributed on a stand-alone or private label basis through major retail and warranty service partners in North America and Europe.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts, which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the possibility of unknown factors, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statement. An investment in our common stock involves a significant degree of risk. You should not invest in our common stock unless you can afford to lose your entire investment. You should consider carefully all risk factors and other information in our annual report and quarterly filings before deciding to invest in our common stock. If any of the following risks and uncertainties develops into actual events, our business, financial condition or results of operations could be materially adversely affected and you could lose your entire investment in our company.
Forward Looking Statements:
This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook of the Company's business and results of operations. By nature, these risks and uncertainties could cause actual results to differ materially from those indicated. Generally speaking, any statements using terms such as "will," "expect," "anticipate," or "may," or which otherwise predict or address future results or events, are likely to contain forward-looking statements. It is important to note that actual results may differ materially from what is indicated in any forward-looking statement. Readers should consider any forward-looking statements in light of factors that could cause actual results to vary. These factors are described in Spare Backups filings with the SEC, and readers should refer to those filings, including Risk Factors described in those filings, in connection with any forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT
Investor Contact:
Kevin Fickle, President
NUWA Group, LLC
415.525.8275
kevin@nuwagroup.com
Published at Investorideas.com
Disclaimer/ Disclosure : The 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. Disclosure: A third party on behalf of SPBU compensated Investorideas.com for news release publishing and distribution: three thousand five hundred per month and four hundred thousand 144 shares for a six month period
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
"Our team is working diligently to place Spare Backup on more solid financial ground as we support the extensive launch of our service in North America and Europe." commented Cery Perle, CEO of Spare Backup, "Our initial review in conjunction with legal counsel has led to the elimination of approximately $1 million dollars in legacy items and we are currently reviewing a number of additional items which we believe will lead to a further reduction in liabilities. We are confident that through these measures and through our aggressive rollout, we will be able to achieve our growth targets and build a profitable future for our company and its stockholders."
About Spare Backup, Inc.
Spare Backup, Inc. is a leading provider of data backup and security software for smartphones, tablets and PCs. Spare Backup's software enables consumers and small to medium sized businesses to easily protect valuable computer and mobile data quickly, automatically and cost-effectively. Spare Backup software intelligently selects, secures and stores personal and business content on a continuous basis or according to the schedule of the user's choice. It also allows for the integration of that content across various devices and provides enhanced security features to protect valuable data on any lost or stolen devices. Spare Backup software is the first totally automated cloud-based backup service that is distributed on a stand-alone or private label basis through major retail and warranty service partners in North America and Europe.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts, which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the possibility of unknown factors, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statement. An investment in our common stock involves a significant degree of risk. You should not invest in our common stock unless you can afford to lose your entire investment. You should consider carefully all risk factors and other information in our annual report and quarterly filings before deciding to invest in our common stock. If any of the following risks and uncertainties develops into actual events, our business, financial condition or results of operations could be materially adversely affected and you could lose your entire investment in our company.
Forward Looking Statements:
This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook of the Company's business and results of operations. By nature, these risks and uncertainties could cause actual results to differ materially from those indicated. Generally speaking, any statements using terms such as "will," "expect," "anticipate," or "may," or which otherwise predict or address future results or events, are likely to contain forward-looking statements. It is important to note that actual results may differ materially from what is indicated in any forward-looking statement. Readers should consider any forward-looking statements in light of factors that could cause actual results to vary. These factors are described in Spare Backups filings with the SEC, and readers should refer to those filings, including Risk Factors described in those filings, in connection with any forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT
Investor Contact:
Kevin Fickle, President
NUWA Group, LLC
415.525.8275
kevin@nuwagroup.com
Published at Investorideas.com
Disclaimer/ Disclosure : The 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. Disclosure: A third party on behalf of SPBU compensated Investorideas.com for news release publishing and distribution: three thousand five hundred per month and four hundred thousand 144 shares for a six month period
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
Monday, July 9, 2012
Tech Stock News Alert: Spare Backup (OTCBB:SPBU) Launches Spare Mobile Security and Backup Services with Second Financial Services Group in Europe
MINDEN, Nev. - July 9, 2012 (Investorideas.com Newswire) Tech stock news: Spare Backup Inc. (OTCBB: SPBU),
a provider of data backup and security software for smartphones,
tablets and PCs, which is carrier and manufacturer agnostic, today
announced that it plans to launch Spare's mobile security and data
backup services with a second financial services group in Europe as part
of the master services agreement with our largest European distribution
partner. Spare mobile services will be incorporated as part of various
insurance and warranty packages offered by the financial services
group.
The launch, which is expected to take place in the next 30 days, is part of Spare Backup's strategy of providing our services on a private label basis to providers of mobile warranty and insurance services. This second financial services launch is also a key milestone for Spare Backup as it helps validate that our software meets the stringent standards for encryption and security mandated by the financial services industry and can be readily deployed with other industry partners across the globe.
Initial data from our first launch in North America indicate a customer take rate of approximately 30% on offerings incorporating Spare Mobile services. Management anticipates similar results for other scheduled launches in Europe and North America as Spare Backup continues an aggressive deployment phase with its current partners.
"We are excited to launch our Spare Mobile offerings with a second financial services industry partner as we begin to see some early sales data that supports our efforts in the warranty and mobile insurance space," commented Cery Perle, CEO of Spare Backup. "Through our private labeled websites we can support multiple launches in a very quick time frame and we intend to diligently work with our partners in North America and other parts of the world to rapidly grow our customer base. We believe we are in the right place at the right time in the mobile space to quickly gain traction and support a very large recurring revenue base for our company to fuel our future growth."
About Spare Backup, Inc.
Spare Backup, Inc. is a leading provider of data backup and security software for smartphones, tablets and PCs. Spare Backup's software enables consumers and small to medium sized businesses to easily protect valuable computer and mobile data quickly, automatically and cost-effectively. Spare Backup software intelligently selects, secures and stores personal and business content on a continuous basis or according to the schedule of the user's choice. It also allows for the integration of that content across various devices and provides enhanced security features to protect valuable data on any lost or stolen devices. Spare Backup software is the first totally automated cloud-based backup service that is distributed on a stand-alone or private label basis through major retail and warranty service partners in North America and Europe.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts, which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the possibility of unknown factors, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statement. An investment in our common stock involves a significant degree of risk. You should not invest in our common stock unless you can afford to lose your entire investment. You should consider carefully all risk factors and other information in our annual report and quarterly filings before deciding to invest in our common stock. If any of the following risks and uncertainties develops into actual events, our business, financial condition or results of operations could be materially adversely affected and you could lose your entire investment in our company.
Forward Looking Statements:
This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook of the Company's business and results of operations. By nature, these risks and uncertainties could cause actual results to differ materially from those indicated. Generally speaking, any statements using terms such as "will," "expect," "anticipate," or "may," or which otherwise predict or address future results or events, are likely to contain forward-looking statements. It is important to note that actual results may differ materially from what is indicated in any forward-looking statement. Readers should consider any forward-looking statements in light of factors that could cause actual results to vary. These factors are described in Spare Backups filings with the SEC, and readers should refer to those filings, including Risk Factors described in those filings, in connection with any forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT
Investor Contact:
Kevin Fickle, President
NUWA Group, LLC
415.525.8275
kevin@nuwagroup.com
Published at Investorideas.com
Disclaimer/ Disclosure : The 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. Disclosure: A third party on behalf of SPBU compensated Investorideas.com for news release publishing and distribution: three thousand five hundred per month and four hundred thousand 144 shares for a six month period
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
The launch, which is expected to take place in the next 30 days, is part of Spare Backup's strategy of providing our services on a private label basis to providers of mobile warranty and insurance services. This second financial services launch is also a key milestone for Spare Backup as it helps validate that our software meets the stringent standards for encryption and security mandated by the financial services industry and can be readily deployed with other industry partners across the globe.
Initial data from our first launch in North America indicate a customer take rate of approximately 30% on offerings incorporating Spare Mobile services. Management anticipates similar results for other scheduled launches in Europe and North America as Spare Backup continues an aggressive deployment phase with its current partners.
"We are excited to launch our Spare Mobile offerings with a second financial services industry partner as we begin to see some early sales data that supports our efforts in the warranty and mobile insurance space," commented Cery Perle, CEO of Spare Backup. "Through our private labeled websites we can support multiple launches in a very quick time frame and we intend to diligently work with our partners in North America and other parts of the world to rapidly grow our customer base. We believe we are in the right place at the right time in the mobile space to quickly gain traction and support a very large recurring revenue base for our company to fuel our future growth."
About Spare Backup, Inc.
Spare Backup, Inc. is a leading provider of data backup and security software for smartphones, tablets and PCs. Spare Backup's software enables consumers and small to medium sized businesses to easily protect valuable computer and mobile data quickly, automatically and cost-effectively. Spare Backup software intelligently selects, secures and stores personal and business content on a continuous basis or according to the schedule of the user's choice. It also allows for the integration of that content across various devices and provides enhanced security features to protect valuable data on any lost or stolen devices. Spare Backup software is the first totally automated cloud-based backup service that is distributed on a stand-alone or private label basis through major retail and warranty service partners in North America and Europe.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts, which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the possibility of unknown factors, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statement. An investment in our common stock involves a significant degree of risk. You should not invest in our common stock unless you can afford to lose your entire investment. You should consider carefully all risk factors and other information in our annual report and quarterly filings before deciding to invest in our common stock. If any of the following risks and uncertainties develops into actual events, our business, financial condition or results of operations could be materially adversely affected and you could lose your entire investment in our company.
Forward Looking Statements:
This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook of the Company's business and results of operations. By nature, these risks and uncertainties could cause actual results to differ materially from those indicated. Generally speaking, any statements using terms such as "will," "expect," "anticipate," or "may," or which otherwise predict or address future results or events, are likely to contain forward-looking statements. It is important to note that actual results may differ materially from what is indicated in any forward-looking statement. Readers should consider any forward-looking statements in light of factors that could cause actual results to vary. These factors are described in Spare Backups filings with the SEC, and readers should refer to those filings, including Risk Factors described in those filings, in connection with any forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT
Investor Contact:
Kevin Fickle, President
NUWA Group, LLC
415.525.8275
kevin@nuwagroup.com
Published at Investorideas.com
Disclaimer/ Disclosure : The 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. Disclosure: A third party on behalf of SPBU compensated Investorideas.com for news release publishing and distribution: three thousand five hundred per month and four hundred thousand 144 shares for a six month period
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
Friday, July 6, 2012
Tech Stock Investor News Alert; Xyratex (NasdaqGS: XRTX) Moves on Second Quarter Results
New York, NY - July 6, 2012 (InvestorIdeas.com Newswire) Investor Ideas, www.InvestorIdeas.com,
a global investor research portal for independent investors, issues a
tech stock trading alert for data storage technology provider, Xyratex
Ltd. (NasdaqGS :XRTX), trading at $13.20, gaining $1.48 or (12.63%) in
morning trading. The stock, one of NASDAQ’s top percentage gainers,
moved on results for the second fiscal quarter ended May 31, 2012.
Revenues for the second quarter were $322.1 million, a decrease of 4.9% compared to revenues of $338.5 million for the same period last year.
For the second quarter, GAAP net income was $7.0 million, or $0.24 per diluted share, compared to GAAP net loss of $4.6 million, or $0.15 per share, in the same period last year. Non-GAAP net income was $9.3 million, or $0.32 per diluted share, compared to non-GAAP net loss of $1.9 million, or $0.06 per share, in the same quarter a year ago(1).
Gross profit margin in the second quarter was 16.5%, compared to 12.9% in the same period last year and 17.9% in the prior quarter. The increase from last year primarily reflects improved gross margins for HDD Capital Equipment products, which had been impacted by significantly reduced revenue and specific inventory provisions in the prior year.
About Xyratex
Xyratex is a leading provider of data storage technology, including modular solutions for the enterprise data storage industry, and hard disk drive (HDD) capital equipment for the HDD industry. Xyratex enterprise data storage platforms provide a range of advanced, scalable data storage solutions for the Original Equipment Manufacturer and High Performance Computing communities. As the largest capital equipment supplier to the HDD industry, Xyratex enables disk drive manufacturers and their component suppliers to meet today's technology and productivity requirements. Xyratex has over 25 years of experience in research and development relating to disk drives, storage systems and manufacturing process technology.
Founded in 1994 in an MBO from IBM, and with headquarters in the UK, Xyratex has an established global base with R&D and operational facilities in North America, Asia and Europe.
About Investorideas.com
InvestorIdeas.com is a leader in investor stock research with a focus on energy and water. Sectors we cover include; water and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, natural gas stocks, tech (includes cloud and social networking), defense stocks, nanotech, China stocks and agriculture.
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800-665-0411
Source - www.Investorideas.com
Revenues for the second quarter were $322.1 million, a decrease of 4.9% compared to revenues of $338.5 million for the same period last year.
For the second quarter, GAAP net income was $7.0 million, or $0.24 per diluted share, compared to GAAP net loss of $4.6 million, or $0.15 per share, in the same period last year. Non-GAAP net income was $9.3 million, or $0.32 per diluted share, compared to non-GAAP net loss of $1.9 million, or $0.06 per share, in the same quarter a year ago(1).
Gross profit margin in the second quarter was 16.5%, compared to 12.9% in the same period last year and 17.9% in the prior quarter. The increase from last year primarily reflects improved gross margins for HDD Capital Equipment products, which had been impacted by significantly reduced revenue and specific inventory provisions in the prior year.
About XyratexXyratex is a leading provider of data storage technology, including modular solutions for the enterprise data storage industry, and hard disk drive (HDD) capital equipment for the HDD industry. Xyratex enterprise data storage platforms provide a range of advanced, scalable data storage solutions for the Original Equipment Manufacturer and High Performance Computing communities. As the largest capital equipment supplier to the HDD industry, Xyratex enables disk drive manufacturers and their component suppliers to meet today's technology and productivity requirements. Xyratex has over 25 years of experience in research and development relating to disk drives, storage systems and manufacturing process technology.
Founded in 1994 in an MBO from IBM, and with headquarters in the UK, Xyratex has an established global base with R&D and operational facilities in North America, Asia and Europe.
About Investorideas.com
InvestorIdeas.com is a leader in investor stock research with a focus on energy and water. Sectors we cover include; water and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, natural gas stocks, tech (includes cloud and social networking), defense stocks, nanotech, China stocks and agriculture.
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Join Investor Ideas Get 13 of the best stock directories online;
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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 . www.InvestorIdeas.com/About/Disclaimer.asp
800-665-0411
Source - www.Investorideas.com
Monday, July 2, 2012
Tech Stock Alert: Brightpoint (Nasdaq:CELL) Leads NASDAQ Top Gainers Spiking over 60% on Acquisition News
New York, NY - July 2, 2012 (Investorideas.com Newswire) Investor Ideas, www.InvestorIdeas.com, a global investor research portal for independent investors, issues a tech stock trading alert for Brightpoint, Inc. (Nasdaq:CELL),
gaining over 60% on acquisition news. The stock is trading at $8.84, up
$ 3.43 (63.31%) 12:35PM EDT on over 23 Million shares.
Ingram Micro Inc. (NYSE:IM) and Brightpoint, Inc. (Nasdaq:CELL) announced today they have entered into a definitive agreement under which, subject to customary closing conditions, Ingram Micro will acquire all of the outstanding shares of BrightPoint common stock for $9.00 per share in cash, a 66 percent premium to BrightPoint's closing stock price on June 29, 2012, and a 35 percent premium to the 90-day average trading price. The transaction is valued at approximately $840 million, including the value of approximately $190 million of BrightPoint's estimated debt (net of cash), as of June 30, 2012.
The Company also announced preliminary estimates on certain aspects of its financial results for the quarter ended June 30, 2012.
About Brightpoint, Inc.
Brightpoint, Inc. (Nasdaq:CELL) is a global leader in providing device lifecycle services to the wireless and high-tech industries. In 2011, BrightPoint handled more than 112 million wireless devices globally. BrightPoint's 5 key service areas - Plan, Market, Customize, Move, Recover, offer over 110 innovative services, such as distribution channel management, procurement, inventory management, reverse logistics and repair services, software loading, kitting and customized packaging, fulfillment, product customization, eBusiness solutions, and other outsourced services that integrate seamlessly with its customers' IT systems and operations. BrightPoint's effective and efficient platform allows its customers to benefit from rapidly deployed, flexible and cost effective solutions. BrightPoint has more than 4,000 employees, as well as a significant number of temporary staff, and a global footprint covering more than 35 countries, including 13 Latin American countries through its investment in Intcomex, Inc. In 2011, BrightPoint generated revenue of $5.2 billion, from customers in over 75 countries. BrightPoint provides distribution and customized services through over 100,000 points-of-sale and to over 25,000 B2B customers worldwide. website at www.BrightPoint.com
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Ingram Micro Inc. (NYSE:IM) and Brightpoint, Inc. (Nasdaq:CELL) announced today they have entered into a definitive agreement under which, subject to customary closing conditions, Ingram Micro will acquire all of the outstanding shares of BrightPoint common stock for $9.00 per share in cash, a 66 percent premium to BrightPoint's closing stock price on June 29, 2012, and a 35 percent premium to the 90-day average trading price. The transaction is valued at approximately $840 million, including the value of approximately $190 million of BrightPoint's estimated debt (net of cash), as of June 30, 2012.
The Company also announced preliminary estimates on certain aspects of its financial results for the quarter ended June 30, 2012.
About Brightpoint, Inc. Brightpoint, Inc. (Nasdaq:CELL) is a global leader in providing device lifecycle services to the wireless and high-tech industries. In 2011, BrightPoint handled more than 112 million wireless devices globally. BrightPoint's 5 key service areas - Plan, Market, Customize, Move, Recover, offer over 110 innovative services, such as distribution channel management, procurement, inventory management, reverse logistics and repair services, software loading, kitting and customized packaging, fulfillment, product customization, eBusiness solutions, and other outsourced services that integrate seamlessly with its customers' IT systems and operations. BrightPoint's effective and efficient platform allows its customers to benefit from rapidly deployed, flexible and cost effective solutions. BrightPoint has more than 4,000 employees, as well as a significant number of temporary staff, and a global footprint covering more than 35 countries, including 13 Latin American countries through its investment in Intcomex, Inc. In 2011, BrightPoint generated revenue of $5.2 billion, from customers in over 75 countries. BrightPoint provides distribution and customized services through over 100,000 points-of-sale and to over 25,000 B2B customers worldwide. website at www.BrightPoint.com
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Thursday, May 31, 2012
NASDAQ Tech Stock Alert; MicroVision on the Run Again; Gains over 40% in early Trading on News
New York, New York - May 31, 2012 (InvestorIdeas.com Newswire) Tech Stock News alert; Investor Ideas, a global investor research portal for independent investors, specializing in sector research, reports on trading for tech stock MicroVision (NASDAQ:MVIS) trading up at $2.7601, gaining 0.8501 (44.51%) 10:08AM EDT on over 1.7 million shares.
The stock made major moves earlier this week on Tuesday, gaining over 90% during the trading day.
The Company reported news today that it received purchase orders from Pioneer Corporation valued in excess of $4 million. The purchase orders cover key components, including MEMS and electronics, which are part of the company’s patented next generation HD PicoP® display technology based on direct green lasers (PicoP Gen2) that Pioneer is integrating into its Cyber Navi car navigation system.
About MicroVision (NASDAQ:MVIS)
MicroVision provides the PicoP® display technology platform designed to enable next-generation display and imaging products for consumer devices, vehicle displays and wearable displays. The company's PicoP projection display technology uses highly efficient laser light sources which can create vivid images with high contrast and brightness.
MicroVision is an independently recognized leader in the development of intellectual property. MicroVision has been recognized by IEEE as a top 20 IP portfolio among all global electronics companies, and the top U.S. Company in the rankings. MicroVision's intellectual property portfolio has also been recognized by the Patent Board, in association with the Wall Street Journal as a top 50 IP portfolio among all global industrial companies. The Patent Board has developed more than 50 indicators that track global patent activity relating to companies' innovation, technology, and science strengths. MicroVision's intellectual property portfolio is further recognized by having been added to the Ocean Tomo 300 Patent Index. The Index is priced and published by the NYSE Euronext (NYSE:OTPAT). The index is objectively based on the value of intellectual property compared to competitors.
Website: www.microvision.com
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Wednesday, May 30, 2012
NASDAQ Tech Stock Alert: NCI (NASDAQ: NCIT) Soars on News of National Institute of Health's CIO-SP3 GWAC with $20B Ceiling
New York, New York - May 30, 2012 (InvestorIdeas.com Newswire) Tech
Stock News alert; Investor Ideas, a global investor research portal for
independent investors, specializing in sector research, issues an
investor alert for NCI, Inc. (NasdaqGS: NCIT) trading up at $4.6710, up 1.2710 (37.38%) 11:36AM EDT on over 900,000 shares with a morning high of $5.37.
The Company reported today that it was an awardee on the $20B ceiling Chief Information Officers-Solutions and Partners (CIO-SP3) Government Wide Acquisition Contract (GWAC). The National Institutes of Health (NIH) Information Technology Acquisition and Assessment Center (NITAAC) posted the awards. The broad-based IT contract focuses on health and biomedical-related IT services, with a period of performance is 10 years, and representing new business for NCI.
Under the contract, NCI is eligible to compete for task orders in ten functional areas including Healthcare IT Services, Chief Information Officer (CIO) Support, Imaging, Outsourcing, IT Operations and Maintenance, Integration Services, Government Outsourcing, Critical Infrastructure Protection and Information Assurance, Digital Government, Enterprise Management Systems, and Software Development. CIO-SP3 is a successor to the highly successful CIO-SP2i and the Image World2 New Dimensions GWACs.
About NCI, Inc.: (NasdaqGS: NCIT)
NCI is a leading provider of IT and professional services and solutions to U.S. Federal Government agencies. NCI's award-winning expertise encompasses areas critical to its customers' mission objectives, including enterprise systems management; network engineering; cybersecurity and information assurance; software development and systems engineering; program management, acquisition, and lifecycle support; engineering and logistics; health IT and informatics; and training and simulation. The company is a member of the Russell 2000 and S&P Small Cap 600 indexes. Headquartered in Reston, VA, NCI has approximately 2,300 employees at more than 100 locations worldwide. For more information, visit our website at www.nciinc.com, or email mcrystal@nciinc.com.
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The Company reported today that it was an awardee on the $20B ceiling Chief Information Officers-Solutions and Partners (CIO-SP3) Government Wide Acquisition Contract (GWAC). The National Institutes of Health (NIH) Information Technology Acquisition and Assessment Center (NITAAC) posted the awards. The broad-based IT contract focuses on health and biomedical-related IT services, with a period of performance is 10 years, and representing new business for NCI.
Under the contract, NCI is eligible to compete for task orders in ten functional areas including Healthcare IT Services, Chief Information Officer (CIO) Support, Imaging, Outsourcing, IT Operations and Maintenance, Integration Services, Government Outsourcing, Critical Infrastructure Protection and Information Assurance, Digital Government, Enterprise Management Systems, and Software Development. CIO-SP3 is a successor to the highly successful CIO-SP2i and the Image World2 New Dimensions GWACs.
About NCI, Inc.: (NasdaqGS: NCIT) NCI is a leading provider of IT and professional services and solutions to U.S. Federal Government agencies. NCI's award-winning expertise encompasses areas critical to its customers' mission objectives, including enterprise systems management; network engineering; cybersecurity and information assurance; software development and systems engineering; program management, acquisition, and lifecycle support; engineering and logistics; health IT and informatics; and training and simulation. The company is a member of the Russell 2000 and S&P Small Cap 600 indexes. Headquartered in Reston, VA, NCI has approximately 2,300 employees at more than 100 locations worldwide. For more information, visit our website at www.nciinc.com, or email mcrystal@nciinc.com.
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; water and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, natural gas stocks, tech (includes cloud and social networking), defense stocks, nanotech, China stocks and agriculture.
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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 . www.InvestorIdeas.com/About/Disclaimer.asp
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