CORAL SPRINGS, Florida, January 15, 2013 /PRNewswire via COMTEX/ --
"Active Tech Companies Watch" for today: GroveWare Technologies Ltd. (OTC:GROV), Research In Motion, Ltd. (NASDAQ: RIMM), Verizon Communications (NYSE:VZ), Dell, Inc. (NASDAQ: DELL) and Salesforce.com, Inc. (NYSE: CRM)
Headline News: Capitol Environmental Waste Management Solution: GroveWare Technologies' (OTC:GROV) MobiTask™ is Implemented by Capitol Environmental Inc., a Leading Waste Management Services Company in USA.
Stay informed on GroveWare Technologies developments by getting FREE news alerts & updates delivered directly to your mobile phone by texting GROV to 545454 from your cellular device or visit http://grov.mobi for more details.
GroveWare Technologies Capitol Environmental provides a variety of waste management services from facilities management to transportation and logistics. A majority of the services provided by Capitol Environmental are off-site and require communicating the daily work completed to ensure all work has been completed properly back to the office. To provide this communication, they have implemented MobiTask, an app developed by GroveWare Technologies Ltd.
Capitol Environmental was in discussions with its Data Solutions Architect at Verizon Wireless about a specific loss prevention solution in the total waste/materials management services at the truck loading and transfers sites. The process of loading subcontracted trucks with waste onsite must be accurately documented to ensure all waste that leaves the site arrives at the transfer site with the same amount. Each truck that is brought on site needs to be documented with the specific arrival and departure time, as well as load quantity. This information needs to be communicated to the transfer sites for them to have the data to compare with their incoming load details. Verizon (NYSE:VZ) brought GroveWare into the discussion to see how the MobiTask solution could help solve the problem on hand...
...The project has allowed Capitol to properly manage work that is being completed onsite and create a compliance method for the work that is being transferred offsite. The project has been so successful that Capitol Environmental wants to implement the on all sites. This could provide a considerable source of revenue for GroveWare as their licensing agreement is based on per user and billed monthly, quarterly or annually. This client could help GroveWare exceed their 2013 revenue expectations of $4 million.
Read the entire press release along with full companies disclosures by going here: http://finance.yahoo.com/q/h s=GROV+Headlines
Ahead of this news, GROV closed up 4.22% on Monday (01/14/13) at $0.469 price per share. As operations and developments continue for GroveWare Technologies Ltd., traders should be closely monitoring this emerging tech company. For more information on GROV visit their website at http://www.groveware.com
Other active tech companies to watch in today's market are:
Research In Motion (NASDAQ: RIMM) trading was up over 10% on based on speculation that the company's new BlackBerry 10 operating system will compete against rivals, following reports that Apple's (NASDAQ: AAPL ) iPhone 5 is experiencing "weaker-than-expected demand" along with positive analyst comments. RIMM closed up 10.25% on Monday 01/14/13 on over 143.5Million shares traded.
Verizon Communications Inc. (NYSE:VZ) provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications has a market cap of $124.4 billion and is part of the telecommunications industry. The company has a P/E ratio of 40.4, above the S&P 500 P/E ratio of 17.7. Shares are up 0.7% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Verizon Communications a buy, one analyst rates it a sell, and 16 rate it a hold. TheStreet.com Ratings rates Verizon Communications as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, expanding profit margins, good cash flow from operations and increase in stock price during the past year. VZ closed down 1.64% on Monday 01/14/13 on over 15Million shares traded, but was up slightly in After Hours trading.
Dell, Inc. (NASDAQ: DELL) introduces one of the retail industry's most comprehensive, end-to-end, customizable solutions to help retailers transition to a cloud-based environment. Solution offers a unique one-stop-shop model for all in-store cloud needs, including endpoint devices, networking, security, virtualization, infrastructure, management tools and services. DELL closed up 12.96% on Monday 01/14/13 on over 155.5Million shares traded and was also up an additional 3.5% in after hours trading as well.
Salesforce.com, Inc. (NYSE: CRM) hit a new 52-week high Monday closing at $174.01, above its previous 52-week high of $173.96 with 953,450 shares traded by the close of markets on January 14, 2013. Average volume has been 1.7 million shares over the past 30 days. Salesforce.com Inc. has a market cap of $24.58 billion and is part of the technology sector and computer software & services industry. Shares are up 3% year to date as of the close of trading on Friday. CRM provides cloud computing and social enterprise solutions to various businesses and industries worldwide. The company delivers customer relationship management applications through Internet or cloud..
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