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OTCPicks.com Stocks to Watch for Friday, June 12th ONFI, STAA, GWSC, ZIXI
(M2 PressWIRE Via Acquire Media NewsEdge) Our Stocks to Watch tomorrow include OneFi Technology Inc. (OTC: ONFI), STAAR Surgical Co. (Nasdaq: STAA), GWS Technologies Inc. (OTCBB: GWSC) and Zix Corp. (Nasdaq: ZIXI).
Visit http://www.otcpicks.com/microcap.htm to register for our Daily Market Mover's Digest Newsletter, and Email Stock Watch Alerts.
ONEFI TECHNOLOGY INCORPORATED (OTC: ONFI) "Up 1,080.95% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/ONFI.php
OneFi Technology, Inc. is a WiMax company developing broadband networks that are capable of 4G compatible (4th generation capability). OneFi Technology's focus is on rural communities and developing countries. WiMax is a wireless technology for the delivery of broadband internet.
ONFI News:
June 10 - OneFi Technology, Inc. Announces Third Quarter Revenue Projections of $20,000,000
OneFi Technology, Inc. (OTC: ONFI) projects revenues to exceed $20 million for the 3rd quarter ending September 30, 2009. Chet Noblett, Chairman and President of OneFi Technology, said, "This is an estimate when you consider all the positive things happening with the Company such as the Navajo Nation contract announced, contracts being negotiated with other Indian Reservations, the OneFi share of the Federal Government's Stimulus package for broadband connectivity in rural communities and the potential business in the Gulf Cooperation Council Nations through our strong contacts in Saudi Arabia. There are other very positive contracts and agreements in process to be announced in the near future."
STAAR SURGICAL COMPANY (NASDAQ: STAA) "Up 63.09% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/STAA.php
STAAR Surgical is a leader in the development, manufacture and marketing of minimally invasive ophthalmic products employing proprietary technologies. STAAR's products include the Visian ICL, a tiny, flexible lens implanted to correct refractive errors, as well as innovative products designed to improve patient outcomes for cataracts and glaucoma. Manufactured in Switzerland by STAAR, the ICL is approved by the FDA for use in treating myopia, has received CE Marking and is sold in more than 50 countries. Collamer is the brand name for STAAR's proprietary collagen copolymer lens material.
STAA News:
June 11 - STAAR Surgical Receives FDA Clearance for the Epiphany Injector System
STAAR Surgical Company (Nasdaq: STAA), a leading developer, manufacturer and marketer of minimally invasive ophthalmic products, announced that the FDA has granted 510(k) clearance for its Epiphany Injector System for use with the Affinity Collamer Three-Piece NTIOL and the Elastimide Silicone NTIOL. Introduction of the Epiphany will usher in a new era of insertion devices for the company and pave the way for the future introduction of a preloaded injector for the U.S. market.
STAAR named this product "Epiphany" based on the genesis of the product: the realization that the revolutionary proprietary technology used in our preloaded products outside of the U.S. could be modified and incorporated into a stand-alone injector for IOLs in other markets. Epiphany has been designed to combine both ease of use with controlled delivery. The Epiphany injector system is intended for single use and offers the flexibility of either twist or push insertion techniques - a unique feature of STAAR's IOL delivery systems.
"The Epiphany Injector System is an important extension of STAAR Japan's expertise in the area of preloaded delivery systems for foldable IOLs which have been very successful in the Japanese market," said Barry G. Caldwell, President and CEO of STAAR Surgical. "This product will enhance the ability of surgeons to accurately deliver the Collamer Three-Piece NTIOL into the eye and it serves as the forerunner in our regulatory pathway for potential approval of the preloaded delivery system in the U.S."
As the Epiphany provides for effortless yet controlled insertion through a 2.8mm incision and, being a single use product, ensures a sterile pathway into the eye. The Epiphany's planar delivery of the lens into the eye offers controlled release of the lens haptics which is another clear advantage that will help differentiate this the new system in the market place.
First shipments of the product should begin in July with full release to the market in the August timeframe.
GWS TECHNOLOGIES INCORPORATED (OTCBB: GWSC) "Up 130.65% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/GWSC.php
"GWS" stands for GreenWindSolar. We are an alternative energy company developing renewable energy solutions. A "green" wave of emerging environmental regulations, and government-wide "green" initiatives, are changing the way consumers, the commercial sector, and states, counties and municipalities, do business. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.
GWSC News:
June 10 - GWS Technologies, Inc. Announces Planned Solar Project
GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions, announced that it has submitted preliminary plans to the Salt River Project Agricultural Improvement and Power District (SRP) to develop a solar farm near the Phoenix-Mesa Gateway Airport in Mesa, Arizona. Because the submission was prior to the June 1, 2009 deadline, when SRP reduced its rebate to $2.25 per watt from $2.50 per watt for commercial solar production, GWS secured the higher rebate for the first phase of the project.
GWS will provide equipment and technology integration on the project, with initial cost estimates for solar equipment for the entire project at approximately $30 million. Arizona has recently become a focal point for solar projects because of a climate uniquely suited to solar energy production, as well as the availability of significant state and federal subsidies and billions of dollars in economic-stimulus money earmarked for solar power.
SRP provides electricity to nearly 930,000 retail customers in the Phoenix area. It operates or participates in 11 major power plants and numerous other generating stations, including thermal, nuclear, natural gas and hydroelectric sources. SRP also invests in renewable energy technologies such as solar power and landfill gas projects. In the spring of 2006, SRP's Board of Directors approved a management proposal that sets a target of 15% of SRP retail sales to be met through sustainable resources by fiscal year 2025.
ZIX CORPORATION (NASDAQ: ZIXI) "Up 2.00% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/ZIXI.php
Zix Corporation is the leader in email encryption and payor sponsored e-prescribing services. ZixCorp offers the simplicity of Software as a Service with the convenience of customizable encryption policies. ZixCorp provides automated key management "in the cloud" for all its customers, resulting in a scalable, reliable, easy-to-use and simple-to-administer service. ZixDirectory(SM) is the largest email encryption directory in the world enabling seamless and secure communication among communities of interest. ZixDirectory connects over 17 million members. ZixCorp's PocketScript e-prescribing service saves lives and saves money by automating the prescription process between payors, doctors and pharmacies.
ZIXI News:
June 11 - Zix Corporation Announces Review of Strategic Alternatives for e-Prescribing Business
Zix Corporation (Nasdaq: ZIXI), the leader in email encryption services and payor sponsored e-Prescribing services, announced today that it has retained Allen & Company LLC to assist ZixCorp's Board of Directors in investigating strategic alternatives for maximizing the value of the Company's e-Prescribing business. This strategic review may result in a partnership, joint venture, the sale of some or all of its e-Prescribing assets or a similar transaction.
No decision has been made to enter into any transaction at this time and there can be no assurance that the Company will enter into such a transaction in the future. It is ZixCorp's policy not to comment on any specific discussions or any potential corporate transactions unless and until it enters into a definitive agreement with respect to such a transaction.
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