TMCnet News

Our Members Know First!! Sign Up For The Hottest Newsletter!! MTCH,AFFY,AMAT,AMIE,AMSC,APOL
[November 19, 2009]

Our Members Know First!! Sign Up For The Hottest Newsletter!! MTCH,AFFY,AMAT,AMIE,AMSC,APOL


(M2 PressWIRE Via Acquire Media NewsEdge) STOCK MARKETING INC PRESENTS : (OTCBB: MTCH) Matech Corp., (NASDAQ: AFFY) Affymax, Inc., (NASDAQ: AMAT) Applied Materials, Inc., (NASDAQ: AMIE) Ambassadors International, Inc., (NASDAQ: AMSC) American Superconductor Corp., (NASDAQ: APOL) Apollo Group, Inc.

www.StockMarketingInc.com To sign up for our free Profiles & Alerts :: visit http://www.StockMarketingInc.com email us!! [email protected] or call 1-866-583-8960 ------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: MTCH - Matech Corp.) LATEST NEWS!! MATECH Says a Bridge Fails Every 10 Days in U.S.

Failures Cause Increased Congestion, Pollution, Economic and Humanitarian Loss LOS ANGELES, CA, Nov 19, 2009 -- MATECH Corp. (OTCBB: MTCH) (www.matechcorp.com) announces that infrastructure problems in the U.S. continue to worsen: every 10 days a bridge fails somewhere in the United States, according to the Texas Transportation Institute.


These devastating collapses and closures can partially be attributed to unreliable bridge inspection methods. According to government reports, 90% of fatigue cracks are missed during visual inspection, the most common inspection method. These oversights increase the probability of a potential structural failure. Furthermore, over 80% of "cracks" identified later prove to be false positives, which results in wasteful spending on unneeded repairs. In light of these inefficiencies, it is clear that a cost effective solution that saves both money and lives is needed to secure the nation's infrastructure.

MATECH's proprietary Electrochemical Fatigue Sensor (EFS) System is an important answer to this problem. This revolutionary technology, based on proven electrochemical principles, has shown its efficacy on over 25 bridges in 10 different states for various state departments of transportation as well as railroads across the nation. MATECH's EFS technology is currently the only nondestructive inspection method on the market able to detect growing cracks as well as subsurface cracks as small as 0.01 inches in steel bridges MATECH has a proven record of saving bridge owners money through improving bridge management and public safety with its cutting edge EFS System. By eliminating subjectivity of inspections for cracking in bridge members MATECH is helping to reduce wasted funds by prioritizing repairs and providing immediate verification of the repairs' effectiveness.

About MATECH MATECH Corp., founded in 1983, is an engineering, research and development company based in Los Angeles, CA. The Company specializes in technologies to measure microscopic fractures in metal structures. MATECH is now marketing its patented Electrochemical Fatigue Sensor (EFS) and other advanced crack-detection technologies to bridge asset managers, railroad companies, and governmental agencies across the United States and internationally. To learn more, please visit: www.matechcorp.com.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: AFFY - Affymax, Inc.) LATEST NEWS!! Affymax Prices Public Offering of Common Stock PALO ALTO, Calif., Nov 19, 2009 -- Affymax, Inc. (Nasdaq:AFFY) today announced that it has priced an underwritten public offering of 4,109,589 shares of its common stock at a price of $18.25 per share. Net proceeds, after estimated underwriting discounts and commissions and estimated expenses, will be approximately $69.6 million. Affymax has granted the underwriters a thirty-day option to purchase up to 616,438 additional shares of common stock to cover overallotments, if any. The offering is expected to close on or about November 24, 2009, subject to satisfaction of customary closing conditions.

Cowen and Company, LLC and Lazard Capital Markets LLC are acting as joint book-runners, with RBC Capital Markets Corporation and Robert W. Baird & Co. Incorporated acting as co-managers for the offering.

The securities described above are being offered by the Company pursuant to a shelf registration statement which was filed with the Securities and Exchange Commission on October 2, 2009 and became effective on October 22, 2009. A prospectus supplement and the accompanying prospectus describing the terms of the offering will be filed with the Securities and Exchange Commission and forms part of the effective Registration Statement.

When available, copies of the final prospectus supplement and accompanying base prospectus relating to this offering can be obtained at the SEC's website at http://www.sec.gov or from Cowen and Company, LLC c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attn: Prospectus Department or by calling (631) 254-7106 or from Lazard Capital Markets LLC at 30 Rockefeller Plaza, 60th Floor, New York, NY 10020 or by calling (800) 542-0970.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Affymax, Inc.

Affymax, Inc. is a biopharmaceutical company committed to developing novel drugs to improve the treatment of serious and often life-threatening conditions.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: AMAT - Applied Materials, Inc.) LATEST NEWS!! Applied Materials to Speak at Credit Suisse 2009 Annual Technology Conference SANTA CLARA, Calif., Nov 18, 2009 -- Applied Materials, Inc. (Nasdaq:AMAT) announced today that the company will participate in the Credit Suisse 2009 Annual Technology Conference to be held in Scottsdale, AZ this December. George Davis, senior vice president and chief financial officer of Applied Materials, will present on December 2, 2009 from 8:30 a.m. to 9:00 a.m. PT (9:30 a.m. to 10:00 a.m. MT).

A live webcast of Mr. Davis' presentation will be available on Applied Materials' website at http://www.appliedmaterials.com/investors/. A replay of the webcast will be available beginning December 2 at 5:00 p.m. PT and will be available through December 22, 2009.

Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in Nanomanufacturing Technology(TM) solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic cells, flexible electronics and energy efficient glass. At Applied Materials, we apply Nanomanufacturing Technology to improve the way people live. Learn more at www.appliedmaterials.com.

SOURCE: Applied Materials, Inc.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: AMIE - Ambassadors International, Inc.) LATEST NEWS!! Ambassadors International, Inc. Welcomes Three New Directors to Its Board of Directors SEATTLE, Nov 18, 2009 -- Ambassadors International, Inc. (the "Company") (Nasdaq: AMIE) today welcomed three new directors to its Board of Directors and announced an increase in the size of the Board from four to five.

In connection with the Company's recently completed exchange offer for its 3.75% Convertible Notes due 2027 and the three separate exchange offer commitment and support agreements entered into by the Company, each of the three counterparties to an exchange offer commitment and support agreement designated a nominee to be appointed to the Board of Directors. At a meeting of the Board of Directors held today, each nominee was elected as a director. Accordingly, the Company and the Board of Directors welcome Eugene I. Davis, Stephen P. McCall and John Bianco as members of its Board of Directors. Mr. Davis will serve as Chairman of the Board.

Arthur A. Rodney, who also serves as Chief Executive Officer of the Company, and Daniel J. Englander will continue their service as members of the Board of Directors. The Company accepted the resignations of Rafer L. Johnson and J. Hale Hoak and thanked them for their service to the Company. The resignations did not relate to any disagreement with the Company.

"We are pleased with the appointment of Eugene Davis, Stephen McCall and John Bianco to our Board of Directors and look forward to their contributions to our Company," said Art Rodney, Chief Executive Officer of the Company. "We would like to thank Rafer Johnson and Hale Hoak for their outstanding service, commitment and contributions to our Company." About Ambassadors International, Inc.

Ambassadors International, Inc. is primarily a cruise company. The Company operates Windstar Cruises, an international, luxury cruise line. The Company is transitioning its headquarters from Newport Beach, California to Seattle, Washington. In this press release, any reference to "Company," "Ambassadors," "management," "we," "us" and "our" refers to Ambassadors International, Inc. and its management team.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: AMSC - American Superconductor Corp.) LATEST NEWS!! AMSC Receives Second Wind Turbine Electrical Control Systems Order from Hyundai Heavy Industries - HHI Accelerates Production of 1.65 MW Wind Turbines DEVENS, Mass., Nov 18, 2009 --- 2010 Production Schedule for 2 Megawatt Wind Turbines on Track American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, today announced that it has received a follow-on order for 30 sets of electrical control systems from Hyundai Heavy Industries Co., Ltd. (Korean Stock Exchange: HHI) for its 1.65 megawatt (MW) wind turbines now in production in South Korea. AMSC also has received an electrical control systems order for HHI's 2 MW wind turbine prototypes. All of the systems will be shipped to HHI by the end of May 2010.

AMSC's wind turbine electrical control systems and core electrical components include the company's proprietary PowerModule(TM) power converters, pitch and yaw converters, SCADA systems and other power electronics. They enable reliable, high-performance wind turbine operation by controlling power flows, regulating voltage, monitoring system performance, controlling the pitch of wind turbine blades and the yaw of the turbines to maximize efficiency.

Based in Ulsan, South Korea, HHI is the world's largest shipbuilder, a global leader in turnkey power plants and offshore projects, and a major global supplier of high voltage electrical equipment. HHI licensed 1.65 and 2 MW wind turbine designs from AMSC's wholly owned AMSC Windtec(TM) subsidiary in 2008. The company entered volume production of 1.65 MW wind turbines in October 2009 and plans to commence production of 2 MW wind turbines in 2010.

"HHI's investment in the wind power industry has created a new growth engine for our company," said Young N. Kim, Senior Executive Vice President and COO, HHI Electro Electric Systems. "Over the course of the past year, we have licensed high-quality wind turbine designs from AMSC Windtec, commissioned our first prototype systems and secured our initial wind turbine orders in Korea and the United States. We see tremendous growth opportunities in front of us and are expanding our wind turbine capacity to support our growth plans." HHI installed and commissioned its first reference 1.65 MW wind turbine near its manufacturing facility in Ulsan, South Korea in June 2009, less than one year after licensing the design from AMSC Windtec. In September 2009, HHI announced Wave Wind, LLC as its first wind turbine customer in the United States. HHI has invested 105.7 billion won (nearly US$90 million) to build a wind turbine manufacturing plant in Gunsan with an annual capacity of 600 MW. The company plans to expand the capacity of the facility to 800 MW by 2013.

"HHI continues to scale its manufacturing operation and execute its aggressive growth strategy in the renewable energies market," said Timothy Poor, AMSC's Senior Vice President of Global Sales and Business Development. "This follow-on order follows close on the heels of the first electrical control system order HHI placed with us in August 2009, demonstrating that its 1.65 MW wind turbines are quickly gaining traction in the marketplace." About Hyundai Heavy Industries Co., Ltd.

Founded in 1972, Hyundai Heavy Industries (HHI) is an integrated heavy industries company with more than US$15 billion in annual sales. HHI operates six divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, Engine & Machinery, Electro Electric Systems and Construction Equipment. The company employs approximately 40,000 people at more than 30 locations worldwide. More information is available at http://english.hhi.co.kr/.

About American Superconductor (NASDAQ: AMSC) AMSC offers an array of proprietary technologies and solutions spanning the electric power infrastructure -- from generation to delivery to end use. The company is a leader in alternative energy, providing proven, megawatt-scale wind turbine designs and electrical control systems. The company also offers a host of Smart Grid technologies for power grid operators that enhance the reliability, efficiency and capacity of the grid, and seamlessly integrate renewable energy sources into the power infrastructure. These include superconductor power cable systems, grid-level surge protectors and power electronics-based voltage stabilization systems. AMSC's technologies are protected by a broad and deep intellectual property portfolio consisting of hundreds of patents and licenses worldwide. More information is available at www.amsc.com.

American Superconductor and design, Revolutionizing the Way the World Uses Electricity, AMSC, Powered by AMSC, D-VAR, dSVC, PowerModule, PQ-IVR, Secure Super Grids, Windtec and SuperGEAR are trademarks or registered trademarks of American Superconductor Corporation or its subsidiaries. All other brand names, product names or trademarks belong to their respective holders. The Windtec logo and design is a registered European Union Community Trademark.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: APOL - Apollo Group, Inc.) LATEST NEWS!! Apollo Group, Inc. to Present at the NASDAQ OMX 23rd Investor Program PHOENIX, Nov 18, 2009 -- Apollo Group, Inc. (NASDAQ:APOL) today announced that Brian Swartz, senior vice president, chief financial officer and treasurer of Apollo Group, will be presenting at the NASDAQ OMX 23rd Investor Program to be held December 1-2, 2009, at the May Fair Hotel in London, U.K.

Apollo Group, Inc.'s investor presentation is scheduled for Wednesday, December 2, 2009, at 3:15 p.m. GMT (10:15 a.m. ET). The presentation will be webcast live and archived on the Investor Relations section of the Company's website at www.apollogrp.edu.

About Apollo Group, Inc.

Apollo Group, Inc. is one of the world's largest private education providers and has been in the education business for more than 35 years. The Company offers innovative and distinctive educational programs and services both online and on-campus at the high school, undergraduate, graduate and doctoral levels through its subsidiaries: University of Phoenix, Institute for Professional Development, College for Financial Planning, Western International University, Meritus University, Insight Schools and Apollo Global. The Company's programs and services are provided in 40 states and the District of Columbia; Puerto Rico; Canada; Latin America; and Europe, as well as online throughout the world (data as of August 31, 2009).

For more information about Apollo Group, Inc. and its subsidiaries, call (800) 990-APOL or visit Apollo on the company website at: www.apollogrp.edu.

------------------------------------------------------------------------------------------------------------------------------------------------------------ About StockMarketingInc.com StockMarketingInc.com is a website that profiles stocks of interest. We are not licensed brokers or financial consultants. The information here is believed to be reliable, but not guaranteed to be accurate by StockMarketingInc.com. Please be advised that the information contained may or may not be complete and is solely for informational purposes only. This is not to be construed as an offer to sell, hold or the solicitation of an offer to buy. Investors are encouraged to seek opinions by their registered brokers or financial advisors after extensive due diligence is performed.

((Comments on this story may be sent to [email protected])) (c) 2009 M2 COMMUNICATIONS

[ Back To TMCnet.com's Homepage ]