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InvestSource Inc.: SRA Awarded $200 Million Blanket Purchase Agreement from Environmental Protection Agency
[May 06, 2008]

InvestSource Inc.: SRA Awarded $200 Million Blanket Purchase Agreement from Environmental Protection Agency


(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:06052008

Stocks in the News: SRA International, Inc. (NYSE: SRX), Whiting
Petroleum Corporation (NYSE: WLL), Synaptics Inc. (NASDAQ: SYNA),
GOLDCORP, INC. (NYSE: GG), The Medicines Company (NASDAQ: MDCO), and
InterDigital, Inc. (NASDAQ: IDCC)

May 5, 2008 - SRA International, Inc. (NYSE: SRX), a leading provider
of technology and strategic consulting services and solutions to
government organizations, today announced it has been awarded a blanket
purchase agreement by the Environmental Protection Agency (EPA) to
enhance the capabilities of its scientific research arm -- the Office
of Research and Development (ORD) Software Engineering and Specialized
Scientific Support (SES3). The seven-year, multiple award has an
estimated value in excess of $200 million, if all options are
exercised. Under the agreement to date, SRA has won two initial task
orders with a combined value of more than $32 million, if all options
are exercised. Both awards represent new business for the company.
Under the first task order, SRA will provide expertise in communicating
ORD's research information among teams of geographically dispersed
scientists through publications, multimedia presentations and
documentation. SRA will support 13 ORD locations across the country.
Under the second task order, SRA and its subcontractor Raytheon will
provide remote sensing and geographic information system support to ORD
programs such as Environmental Monitoring and Assessment Program
(EMAP); e-Estuary, National Coastal Assessment, National Aquatic
Resource Survey, and the Ecological Research Program. SRA will design,
implement and maintain spatial information technologies to support ORD
research and landscape and watershed characterization and ecosystem
assessment.

May 5, 2008 - Whiting Petroleum Corporation (NYSE: WLL) today reported
record first quarter 2008 net income of $62.3 million, or $1.47 per
basic and diluted share, on total revenues of $264.1 million. This
compares to first quarter 2007 net income of $10.7 million, or $0.29
per basic and diluted share, on total revenues of $159.9 million.
Discretionary cash flow in the first quarter of 2008 totaled a record
$161.4 million, more than double the $74.1 million reported for the
same period in 2007. A reconciliation of discretionary cash flow to net
cash provided by operating activities is included at the end of this
news release. The increases in net income and discretionary cash flow
in the first quarter of 2008 versus the comparable 2007 period were
primarily the result of a 64% increase in the Company's net realized
oil price, a 25% increase in its net realized gas price, and a 6%
increase in the Company's total equivalent production. Production in
the first quarter of 2008 totaled 3.74 million barrels of oil
equivalent (MMBOE), of which 2.59 million barrels were crude oil (69%)
and 1.15 MMBOE was natural gas (31%). This first quarter 2008
production total equates to a daily average production rate of 41,120
barrels of oil equivalent (BOE), compared to the 39,260 BOE per day
average rate in 2007's first quarter. This also represents a 2%
increase from the fourth quarter 2007 daily average rate of 40,340 BOE.
Production in the first quarter of 2007 was affected by a refinery
fire, which caused approximately 378 BOE per day of production to be
shut-in or restricted.

May 5, 2008 - Synaptics Inc. (NASDAQ: SYNA), a leader in capacitive
sensing interface solutions for mobile computing, communications, and
entertainment devices, today announced that Samsung's slim and stylish
Yepp YP-P2 multimedia player features a touchscreen enabled by
Synaptics' ClearPad(TM) solution. Synaptics' ClearPad is a
high-resolution, transparent capacitive touch solution that provides
users with a compelling new experience for controlling displayed
applications. ClearPad replaces traditional mechanical buttons and
sliders enabling an easy-to-use interface and allowing more display
real estate for rich content and on-screen interaction. The Samsung
Yepp YP-P2 is a Bluetooth-enabled device that features a MP3 player, FM
radio, picture viewing capabilities, and video applications that a user
can access and navigate directly on the screen, using Synaptics'
ClearPad interface technology. ClearPad provides a quick and easy way
to navigate, scroll through, and select digital content, especially
with Synaptics' intuitive gesture recognition.

May 5, 2008 - GOLDCORP, INC. (NYSE: GG) today reported net earnings of
$229.5 million, or $0.32 per share, for the quarter ended March 31,
2008, an increase of 84% over net earnings in the first quarter of
2007. Adjusted net earnings doubled to $ 64.7 million, or $0.23 per
share, compared to $82.8 million, or $0.12 per share, in the same
period a year ago. First Quarter 2008 Highlights: Revenues increased
32% to $626.7 million on gold production of 521,900 ounces. Total cash
costs of $240 per gold ounce(2), net of by-product copper and silver
credits. Cash margin growth of 60% outpaced a 43% increase in realized
gold price of $932 per ounce. Operating cash flow increased 35% to
$239.1 million, before changes in working capital. Paid $31.9 million
in dividends. Completed sale of Silver Wheaton shares for $1.6 billion.
"Goldcorp's Latin American assets were our strongest performers against
a backdrop of record-high realized gold prices in the first quarter,"
said Kevin McArthur President and Chief Executive Officer. "The results
of Los Filos mine were partcularly encouraging in its first full
quarter of commercial production, contributing to Goldcorp's status as
the largest gold producer in Mexico. Marlin mine also exceeded
expectations in the quarter, continuing the trend of quarterly product
on growth. This performance combined with low cash costs for the
quarter of $240 per ounce, resulted in a 60% growth in cash margins,
providing our shareholders with excellent exposure to gold price
increases.

May 5, 2008 - The Medicines Company (NASDAQ: MDCO) today announced that
the Journal of the American College of Cardiology published a new
subgroup analysis from the ACUITY (Acute Catheterization and Urgent
Intervention Triage strategY) trial demonstrating that switching to
Angiomax(R) (bivalirudin) after pre-treatment with heparin (UFH or
enoxaparin) results in comparable ischemic outcomes and approximately
50 percent reduction in major bleeding compared to consistent heparin
therapy plus routine glycoprotein IIb/IIIa inhibitor (GPI) for acute
coronary syndrome (ACS) patients undergoing early invasive treatment.
"Our new findings from ACUITY challenge previous thinking and provide
clinical evidence that switching to Angiomax is as effective and
results in reduced bleeding rates compared to the consistent use of
heparin," said Roxana Mehran, MD, associate professor of medicine,
Columbia University Medical Center. "These data from the ACUITY trial
are consistent with overall findings that show Angiomax alone is the
preferred antithrombotic strategy in moderate and high risk ACS
patients undergoing early invasive treatment."

May 5, 2008 - InterDigital, Inc. (NASDAQ: IDCC) today announced that
its patent licensing subsidiaries have signed non-exclusive, worldwide,
royalty-bearing patent license agreements with ASUSTeK Computer
Incorporated (Asustek) and Pegatron Corporation, both of which are
based in Taiwan. Each agreement covers the sale of wireless terminal
units and infrastructure built to cellular standards including Second
Generation (2G and 2.5G) standards and Third Generation (3G) standards,
including TD-SCDMA, and products based on non-cellular wireless IEEE
802-based standards, for the duration of the life of the licensed
patents. Asustek sells PDA's, notebooks, computers, and mobile phones
under the popular Asus brand. Pegatron is a leading Taiwanese ODM that
manufactures a wide range of components and assemblies for the global
electronics industry. "These new agreements with two of Taiwan's
premiere companies continue InterDigital's momentum in licensing its
rich and widely-recognized portfolio of patented inventions for 2G and
3G to leading mobile device manufacturers throughout the world,"
commented Lawrence Shay, President of InterDigital's patent
subsidiaries.

The stock market settled with modest losses on Monday. Traders were
hesitant to buy stocks in the face of the S&P 500's 12% surge from its
low in March to Friday's closing level. Record crude oil prices and
news of a failed takeover didn't help matters either. The day was
mostly uneventful with stocks heading sideways for the majority of the
session, in relatively light trading volume. The top story on Monday
was news that Microsoft abandoned its acquisition plans after its
increased offer was rejected at Yahoo! Microsoft raised its offer to
$33 per share, or $47.5 billion, from its Feb. 1 offer of $31 per
share, or $44.6 billion. However, Yahoo rejected the offer, as it was
not willing to accept anything below $37 per share. As a result, shares
of Yahoo plummeted 15%, but remain well above the Jan. 31 pre-offer
level of $19.18 -- indicating traders feel there is still a chance a
deal will be made. Shares of Microsoft were up as much as 3.4% on the
news, but eventually ended the day with a slight loss. Sprint Nextel's
stock spiked higher on two reports. Its shares were initially higher on
a Wall Street Journal report that Deutsche Telekom is pondering an
offer to acquire Sprint. Shares then spiked higher on a separate Wall
Street Journal report that indicated Sprint is considering spinning off
or selling its Nextel unit, according to the Journal's sources.
Countrywide was back in the spotlight after Friedman Billings said Bank
of America may renegotiate its deal to acquire Countrywide from $7 per
share to $2 per share or less. Friedman noted Bank of America faces $20
billion to $30 billion in loan write-downs on the close of the
Countrywide transaction. The financial sector (-1.5%) was a laggard
throughout the session. The April ISM services reading was the sole
item on the economic calendar. The services reading unexpectedly rose
to 52.0 from 49.6, which topped the consensus estimate of 49.1. Since
the number is above 50 it reflects the services sector expanded in
April, albeit at a slow pace. The stock market got a short-lived boost
from the report, but quickly slipped back into negative territory.
Stocks may have had a subdued day of trading, but that was not the case
for commodities, which rose 1.4%. Crude oil spiked 3.3% to an all-time
intraday high of $120.21 per barrel, before settling at an all-time
closing high of $119.94 per barrel. Crude prices advanced on the 0.40%
slip in the dollar, and reports of unrest in Nigeria. Eight of the ten
economic sectors ended the day with a loss. Financials (-1.5%) and
utilities (-1.4%) were the main laggards. The gain in commodities and
oil helped lift the materials (+1.5%) and energy (+1.0%) sectors into
leadership positions.DJ30 -88.66 NASDAQ -12.87 SP500 -6.41 NASDAQ
Dec/Adv/Vol 1620/1242/2.08 bln NYSE Dec/Adv/Vol 1777/1331/1.11 bln
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TO: www.investsourceinc.com.


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To hear "The Fastest 60 Seconds in the Small-Cap Market," please go to
www.ceo-corner.com This opinion contains forward-looking statements
that involve risks and uncertainties. This material is for
informational purposes only and should not be construed as an offer or
a solicitation to buy or sell securities. InvestSource, Inc. has
prepared all material herein based upon information believed to be
reliable. The information contained herein is not guaranteed by
InvestSource, Inc. to be accurate, and should not be considered to be
all-inclusive. The companies that are discussed in this release have
not given an opinion or approved the statements made in this release.

InvestSource, Inc. is not a licensed broker, broker dealer, market
maker, investment banker, investment advisor, analyst or underwriter.
InvestSource, Inc. affiliates, officers, directors and employees may
also have bought, or may buy the shares discussed in this opinion and
may profit in the event of a rise in value. InvestSource, Inc. will not
advise as to when it decides to sell and does not, and will not, offer
any opinion as to when others should buy or sell; each investor must
make that decision based on his or her judgment of the market.
InvestSource has received 5 million shares of Greenstone Holdings for
services rendered. Please consult your broker before purchasing or
selling any securities mentioned herein. To view full disclaimers,
please go to http://investsourceinc.com/php/disclaimer.php
(disclaimers).

CONTACT: InvestSource, Inc
e-mail: [email protected]
WWW: http://www.investsourceinc.com

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