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InvestSource, Inc.: Allied Security Innovations, Inc. Reports Increased Second Quarter Income(M2 PressWIRE Via Acquire Media NewsEdge) RDATE:21082008 Stocks in the News: Allied Security Innovations, Inc. (OTCBB: ASVN), FIMA, Inc. (PINKSHEETS: FIMA), McAfee, Inc. (NYSE: MFE), Microsoft Corp. (NASDAQ: MSFT) Aug 20, 2008 -- Allied Security Innovations, Inc. (OTCBB: ASVN) - an industry leader in the development of Homeland Security and other commercial security related products - announced results for the second quarter 2008. Sales for the quarter grew 9% to $1,134,954 compared to the same period in 2007, an increase of $ 97,477. Gross profit over the period increased 9% to $768,528. Income, for the quarter increased 320% or $68,556 compared to a loss of $36,301 for the second quarter of 2007. "We continue to execute our plan to steadily improve the company and increase market penetration," states Anthony Shupin, CEO of ASI. "We have added to our sales force, increased our distribution channels and re-vitalized our production in order to meet the expanding demand for tamper evident products, globally." Adds Michael Pellegrino, CFO for ASI, "In addition to managing to keep our expenses down slightly for the quarter, we are extremely pleased to note that June was our best booked sales month in history. Looking ahead, the third quarter should show the results of that effort." Aug 19, 2008 -- FIMA, Inc. (PINKSHEETS: FIMA) announced today that its subsidiary, Garcia y Garcia Concreto y Diseno Arquitectonico, has begun the initial construction phases for two residential units in the prestigious Las Playas neighborhood of Veracruz, Mexico. Several operations have already been completed, including leveling of the site and excavation for water and sewage works, and the construction has already proceeded to the foundation phase. FIMA will be posting photos of the construction at its website (www.fimadevelopmentinc.com) shortly, and will be updating these photos to allow viewers to track the progress of the development. According to a FIMA spokesperson, "This is an exciting development for us. The Las Playas neighborhood in Veracruz is one of the most sought after in the entire city, and it is a validation of our growing presence in the region that we have been able to secure a project in this prominent neighborhood. We will be pre-selling the residential units at a discounted rate, and further details are available on our website at www.fimadevelopmentinc.com. We will be adding more detailed architectural renderings and construction photos very soon." Aug 20, 2008 -- McAfee, Inc. (NYSE: MFE) today announced its efforts to extend its security products to Intel-based laptops and Mobile Internet Devices (MIDs). McAfee will provide integrated data encryption for laptops and integrated mobile content security for MIDs -- based on the Intel Atom(TM) processor Z5XX series and Moblin-based software. Additionally, McAfee announced plans to integrate McAfee's security encryption with Intel's Anti-Theft Technology and Active Management Technology to protect the data on a laptop in the event that it is stolen and an unauthorized user tries to access it. High profile data breaches continue to make headlines, impacting corporate reputation and the bottom line. Data loss prevention solutions monitor, document, and prevent sensitive information from leaving an organization. Data encryption protects an organization if a laptop is lost or stolen. McAfee's suite of mobile data protection solutions protects data, devices and networks against the risks associated with loss, theft, and unauthorized access, anytime and anywhere. McAfee's centralized management capabilities provide organizations with operational efficiency and ensure low total cost of ownership. This latest security initiative will place McAfee data encryption on the Intel VPro hardware leveraging Intel's Anti-Theft Technology to disable laptops booted without authorization. If a laptop is lost or stolen the device will automatically shut down when the unauthorized user tries to access the data. "McAfee provides enterprise-class, powerful encryption and strong access control technologies that seamlessly integrate with existing systems," said Gerhard Watzinger, senior vice president and general manager of McAfee's Data Protection Business Unit. "By teaming with Intel to provide encryption for laptops we are extending protection to customers anywhere anytime." Aug 20, 2008 -- Microsoft Corp. (NASDAQ: MSFT) and Novell Inc are announcing an incremental investment in their relationship to meet accelerating customer demand for their business model solution, which is designed to build a bridge between open source and proprietary software to deliver interoperability and intellectual property (IP) peace of mind for organisations operating mixed-source IT environments. The investment focuses on enhanced programmes from Novell to provide tools, support, training and resources for customers seeking an enterprise-class Linux* platform and specifically, the optimal interoperability solution between Microsoft Windows Server and SUSE Linux Enterprise Server from Novell . It also includes Microsoft's commitment to purchase up to US$100 million in certificates that those customers can redeem for expanded support from Novell that includes SUSE Linux Enterprise Server support and support for moving toward an enterprise-class Linux platform. The investments will take effect 1 Nov 2008, and between now and then Microsoft and Novell will solicit customer input and identify aspects of the support programmes that will be most useful to organisations running mixed-source environments. Customer response to the Microsoft-Novell model has been significant since it began in November 2006. As part of the initial five-year partnership agreement, Microsoft purchased US$240 million of Novell certificates to sell to customers. Within 18 months, Novell invoiced more than US$157 million in certificate revenues, or 65 per cent of the original allotment. Customers who have already taken advantage of this opportunity to seamlessly run both Windows Server and SUSE Linux Enterprise Server include Wal-Mart Stores Inc, HSBC Holdings, Renault, Southwest Airlines Co, BMW and many other leading companies around the world. "The collaboration between Microsoft and Novell has been built on our desire to meet our customers' real-life IT requirements as well as give our partners greater breadth in their solution offerings," said Kevin Turner, chief operating officer at Microsoft. "Some customers have told us they want to be able to run Windows Server and Linux together seamlessly, but in many cases, they need help with the transition to SUSE Linux Enterprise Server from other Linux environments. Our increased investment in the relationship with Novell is intended to give these customers and partners the best possible Windows-Linux interoperability solution, while also extending their existing Windows Server investments and helping to give them IP peace of mind." Market Wrap for August 20th, 2008 Stocks settled with solid gains following a late-day surge in what was a volatile session on a relatively slow news day. Volume was light, as it has been throughout the week. Six of the ten economic sectors posted a gain as market participants digested a massive build in crude oil inventories, speculation that government sponsored enterprises Fannie Mae (FNM 4.47, -1.54) and Freddie Mac (FRE 3.23, -0.94) will need a government bailout and solid earnings from Hewlett-Packard (HPQ 46.20, +2.51). Crude oil prices traded in volatile fashion, which exacerbated the stock market's choppy session. The government released its weekly energy report, which showed a 9.3 million barrel increase in crude stockpiles -- the largest since 2001. Prices were up 2.2% at session highs and down 1.7% at session lows before settling with a modest gain of 0.4% at $114.98 per barrel. The financial sector saw large swings -- falling as much as 1.6% and rising as much 1.8% -- as market participants speculated if Fannie Mae and Freddie Mac would need to be bailed out by the federal government. There was no specific item that prompted the steep declines in Fannie and Freddie, although several reports addressed the issue of a bailout -- including a Wall Street Journal article that said Freddie executives were set to meet with Treasury Department officials. Still, investors looked past the Fannie and Freddie turmoil, sending financials to a 1.7% gain with notable strength in diversified banks (+3.7%). Hewlett-Packard reported quarterly earnings of $0.83, which topped expectations by three cents thanks to 10.5% year-over-year revenue growth that was driven by strong notebook sales and the weak dollar. The Dow component also issued fiscal fourth quarter earnings guidance that was above estimates. HPQ rose 5.8% for the day, but the broader tech sector was unable to post much of an advance, up just 0.3%. Commodity related stocks saw the most buying interest. The energy sector rallied 2.8%, with strength in oil production and exploration companies (+5.0%). The materials sector rose 2.1%, as diversified mining company Freeport McMoRan (FCX 90.91, +6.21) rallied 7.3% on no specific news item. ABOUT INVESTSOURCE, INC.: WIN an 8 day 7 nights Caribbean Getaway, GO TO: www.investsourceinc.com. 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 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. Please consult your broker before purchasing or selling any securities mentioned herein. InvestSource is a majority shareholder of FIMA, Inc. To view full disclaimers, please go to http://investsourceinc.com/php/disclaimer.php (disclaimers). CONTACT: InvestSource, Inc WWW: http://www.investsourceinc.com ((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected])). Copyright ? 2008 M2 Communications Ltd. |
