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Fastmoneytalk.com: FastMoneyTalk.com: Stock Updates: SYMC & COIN
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:07102008
Boston, MA -- Symantec Vision -- Symantec Corp (NASDAQ: SYMC);
Converted Organics Inc. (NASDAQ:COIN)
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Symantec Vision -- Symantec Corp (NASDAQ: SYMC) closed at $16.41
Monday, trading 29,424,000 shares.
Company News- October 7, 2008: Symantec Introduces IRM Strategy for
Securing and Managing Unstructured Information
Earlier today Symantec Vision -- Symantec Corp (NASDAQ: SYMC) announced
its Information Risk Management (IRM) strategy and products that help
organizations to secure and manage unstructured information such as
email, instant messages (IM) and files.
To read the full news release, go to www.stockprofiler.us, and click
the Headline link after entering the ticker symbol.
About Symantec
Symantec is a global leader in providing security, storage and systems
management solutions to help businesses and consumers secure and manage
their information. Headquartered in Cupertino, Calif., Symantec has
operations in more than 40 countries. More information is available at
www.symantec.com
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Converted Organics Inc. (NASDAQ:COIN) closed at $4.21 Monday, trading
315,000 shares.
Company News- October 7, 2008: Converted Organics Inc. Announces
Initial Sale of Organic Fertilizer to Matosantos for Puerto Rico Market
Converted Organics Inc. (NASDAQ:COIN) announced today that Matosantos
Commercial Corporation of San Juan, Puerto Rico placed its initial
order for the Company's organic fertilizer products for the spring 2009
season. The order, totaling 66 tons of product, includes a variety of
retail package sizes of Converted Organics' granular 8-1-4 lawn and
turf product, as well as the Company's granular 4-2-8 flower and shrub
formulation.
To read the full news release, go to www.stockprofiler.us, and click
the Headline link after entering the ticker symbol.
About Matosantos Commercial Corporation
Matosantos Commercial Corporation is a fast-growing, family-owned
corporation dedicated to the marketing and distribution of
institutional and consumer products in Puerto Rico and the Caribbean.
Established in 1940 as a distributor of paper goods by Manuel
Matosantos, today Matosantos Commercial has developed brands that are
market leaders in a wide range of product categories. The corporation
is currently steered by the second generation of family members: Manuel
A. Matosantos Jr., President, Geronimo E. Matosantos, Executive
Vice-President and Gloria M. Matosantos, Vice President, who oversee an
operation of over 170 employees.
About Converted Organics Inc.
Converted Organics (NASDAQ:COIN), based in Boston, MA, is dedicated to
producing valuable all-natural, organic soil amendment or fertilizer
products through food waste recycling. The company uses proven,
state-of-the-art technologies to create a product that helps grow
healthier food and improve environmental quality. Converted Organics
plans to sell and distribute its environmentally-friendly fertilizer
products in the retail, turf management, and agribusiness markets.
Converted Organics' fertilizer products will be produced in both a dry
pellet and liquid concentrate. Converted Organics' products have been
tested in numerous field trials for more than a dozen crops with the
result that, on average, the net value of the farmer's crop increased
11-16%, depending on the particular crop and product application. This
is due, in part, to the disease suppression characteristics of the
product, which reduce or eliminate the need for other costly, often
toxic, crop protection applications. Increased use of nitrogen in
commercial agriculture and turf grass applications, such as golf
courses, has reduced the soil's ability to absorb nitrogen and other
nutrients. Using the products produced by Converted Organics helps
restore the soil by replenishing these micronutrients. This reduces the
amount of nitrogen required in a virtuous cycle that benefits from
long-term use. As a result, use of the product will reduce chemical
run-off to streams, ponds and rivers, an objective with significant
long-term benefits to the environment.
The products have a long shelf life compared to many other organic
fertilizers. In a number of lab and field trials, the liquid product
has been shown to be effective in mitigating powdery mildew, a leaf
fungus that affects most plants and grasses and restricts the flow of
water and nutrients to the plant. The Company's fertilizer products can
be used on a stand-alone basis or in combination with more traditional
fertilizers and crop protection products. Converted Organics expects to
benefit from increased regulatory focus on organic waste processing and
on environmentally-friendly growing practices.
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