TMCnet News
BREAKING NEWS!!! (pinksheet: NVSR) NavStar Technologies "NavStar Technologies, Inc. Finalizes Software Deal With Vortex Solution"(M2 PressWIRE Via Acquire Media NewsEdge) STOCK MARKETING INC PRESENTS : (pinksheet: NVSR) NavStar Technologies, Inc., (NASDAQ: ASTI) Ascent Solar Technologies, Inc., (NASDAQ: AVID) Avid Technology, Inc., (NASDAQ: BCSI) Blue Coat Systems, Inc., (Nasdaq: BDSI) BioDelivery Sciences International, 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 ------------------------------------------------------------------------------------------------------------------------------------------------------------ (pinksheet: NVSR) NavStar Technologies, Inc. INCREDIBLE NEWS!!! "NavStar Technologies, Inc. Finalizes Software Deal With Vortex Solution" Service Revenue From Agreement Will Add $37M to Core Business ANAHEIM, CA, Sep 22, 2009 -- NavStar Technologies, Inc. (PINKSHEETS: NVSR), a firm focused on developing and commercializing multinational asset tracking and monitoring devices for vehicles and high-value cargo, announced today the completion of a strategic relationship with Vortex Solution, a Canadian company with offices in Montreal and New York City, to provide annuity-based services. N. Douglas Pritt, Chairman and CEO, confirmed that a strategic licensing agreement has been finalized and that the agreement includes a combination of stock, cash and a per-user royalty payment. "We have spent the past two weeks field testing the Vortex software and are convinced that they know our hardware about as well as we do," said N. Douglas Pritt, Chairman & CEO, NavStar Technologies, Inc. "There are several thousand NavStar units already in service on the Vortex platform, and the customers are extremely satisfied with the service. With 65 software engineers, Vortex can supplement our engineering team, and together we will have the most talented support team in the industry. As we conclude our sales efforts in Japan, Korea, Mexico and the US, the Vortex experience with our hardware will be invaluable." "We are pleased that the negotiations over the past three weeks have resulted in the Vortex/NavStar strategic relationship. We firmly believe that our experience with the NavStar hardware will allow us to respond quickly to a customer's request for customized features and to provide on-going technical support that cannot be matched anywhere in the world," said Guy Michon, Vice President, Vortex Solution. The relationship with Vortex will provide NavStar with software services revenue that is being renewed by customers annually for 3 to 5 years. The annuitized revenue provided by these software services provides a significant boost to revenue and profitability. The value created through the addition of software revenue is reflected in the following financial projections: Year ($M) 2009 2010 2011 2012 2013 ---- ---- ---- ---- ---- Revenue 2.2 17.2 26.4 35.3 46.9 COG 1.2 9.3 15.1 20.5 27.1 Gross Profit 1.0 7.9 11.3 14.8 19.8 SG&A 1.5 3.7 5.3 6.9 8.6 EBITDA (.5) 4.2 6.0 7.9 11.3 FORWARD-LOOKING STATEMENT This press release contains forward-looking statements within the meaning of U.S. federal securities laws, that involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied in this press release. About NavStar Technologies, Inc. NavStar is focused on the creation of products and services that provide tracking and monitoring of vehicles and high value cargo, equipment, and other valuable and personal assets. For further information about NavStar Technologies, Inc. visit the company's website at www.navstarinc.com. About Vortex Solution Vortex Solution is a full-service provider of Internet and Intranet services with the ability to fully leverage the power and speed of the Internet to solve complex and business-critical problems. For further information about Vortex Solution visit the company's website at www.vortexsolution.com. CONTACT: NavStar Technologies, Inc. Patrick Bannister 714-502-6900 Email Contact SOURCE: NavStar Technologies, Inc. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: ASTI) Ascent Solar Technologies, Inc. BREAKING NEWS!!! "Ascent Solar Signs Portable Power Product Supply Agreement" THORNTON, Colo., Sep 22, 2009 -- Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of state of the art flexible thin-film solar modules, announced today that it has signed a direct supply agreement with Goal Zero LLC, a subsidiary of Provo Craft and Novelty, Inc., a consumer products company located in Utah. Under the terms of the agreement, Ascent Solar will supply up to 30,700 units of its "Premier" module through 2010. The modules have been designed for incorporation into a custom electronic portable power application scheduled to arrive on the market at the beginning of next year. Robert Workman, Chief Development Officer of Provo Craft, stated "For over forty years, our mission at Provo Craft has been to inspire creativity by providing the best products, tools, education, ideas, and customer service. Our subsidiary Goal Zero LLC is bringing energy products to market that utilize Ascent Solar's lightweight, flexible and high efficiency photovoltaic (PV) modules. Ascent Solar's modules are advantageous for our modular, system level power solutions that we will be marketing worldwide early next year." Ascent Solar president and CEO Farhad Moghadam added "Electronic and portable power applications are a natural end product use of our material. Provo Craft is an excellent customer to have given their established presence as a recognized marketing leader, and Goal Zero LLC is well positioned to bring our modules to the international marketplace. We expect this to be the first of many ways that Ascent Solar can further differentiate itself from other traditional solar manufacturers." About Provo Craft and Novelty, Inc., and Goal Zero LLC: Provo Craft and Novelty, Inc. was founded in 1964 and is based in Spanish Fork, Utah. Provo Craft had sales at about $250 million for 2008 and its revenue has increased 38 percent over the past two years. Provo Craft manufactures and distributes craft, hobby, and education products for school projects, as well as portable batteries, battery packs, and solar briefcases. Its products are sold in countries around the world, including Australia, Taiwan, France, and Brazil. Goal Zero LLC is a subsidiary of Provo Craft and Novelty, Inc. Additional information can be found at www.provocraft.com. About Ascent Solar Technologies: Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic modules with substrate materials that can be more flexible and affordable than most traditional solar panels. Ascent Solar modules can be directly integrated into standard building materials, space applications, consumer electronics for portable power or configured as stand alone modules for large scale terrestrial deployment. Ascent Solar is headquartered in Thornton, Colorado. Additional information can be found at www.ascentsolar.com. Forward Looking Statements Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with the Securities and Exchange Commission. SOURCE: Ascent Solar Technologies, Inc. CONTACT: For Ascent Solar Technologies, Inc. Brian Blackman, 832-515-0928 (Investor Relations) [email protected] or Brand Fortified Public Relations Kelly Brandner, 303-289-4303 (Media) [email protected] ------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: AVID) Avid Technology, Inc. RECENT NEWS!! "Avid Customers Honored for Creative Excellence at 61st Annual Emmy Awards" "30 Rock," "Breaking Bad," "South Park," "Project Runway" and "Weeds" Among Avid Customers That Received Prestigious Award This Year TEWKSBURY, MA, Sep 22, 2009 -- Avid (NASDAQ: AVID), today announced that the vast majority of Emmy(R) Award winners in 33 Outstanding Picture Editing, Outstanding Sound Editing/Mixing, and Outstanding Program categories at the 61st Annual Emmy(R) Awards once again chose to use one or more Avid(R) audio or video solutions to create this year's top television programming. In total, more than 125 nominees in 33 categories used Avid systems including first-time nominees and winners such as "Generation Kill: The Cradle of Civilization," "Little Dorrit" and "Grey Gardens" as well as repeat honorees such as "30 Rock," "Damages," "House," "Mad Men," "Kathy Griffin: My Life on the D List," "The Office," and "True Blood." This year's Emmy Awards support the ongoing trend that Avid solutions continue to be the tools of choice for professionals in post production. Earlier this year, the American Cinema Editors (ACE) Board of Directors named Avid Media Composer(R) the "preferred choice" of professional editors. Additionally, one or more Avid solutions were once again used to create the vast majority of 2009's Academy Award and A.C.E award winners, including 2009 Academy Award powerhouse "Slumdog Millionaire," which took home the Oscar(R) for Motion Picture of the Year, Achievement in Sound Mixing and Achievement in Film Editing, among many others. The team behind the hit TV series "30 Rock," which received a 2009 Emmy Award for "Outstanding Picture Editing for a Comedy Series (Single or Multi-Camera)" and was nominated in 21 other categories used: -- Avid Media Composer, Avid DS Nitris(R), and Avid Unity(TM) systems for editing, finishing and shared storage; and -- Digidesign(R) Pro Tools(R) and ICON systems to handle the show's sophisticated ADR, dialogue editing, sound effects, music editing, and mixing. "It is a pleasure working on the comedy '30 Rock' with such a great cast and crew. The shows are very fast paced, usually with three story lines, and often include a lot of visual effects. The Avid Media Composer makes our job a lot easier and has never let us down," said editor Ken Eluto, 2009 winner of the Emmy Award for Outstanding Picture Editing for a Comedy series for the "30 Rock" episode "Apollo, Apollo." Other 2009 Emmy Award winning programs in the Outstanding Picture Editing, Outstanding Sound Mixing, and Outstanding Sound Editing categories that were created using Avid solutions include "Breaking Bad," "Taking Chance," "House," "Generation Kill," "Entourage," "Weeds," "102 Minutes That Changed America," and "Battlestar Galactica," among many others. "Year after year, our customers continue to demonstrate the highest levels of creative excellence in the television industry and are honored for their work in creating the most watched and loved media in the world," said Gary Greenfield, CEO, Avid. "Avid is thrilled to see so many of our customers recognized again this year, and we are grateful that they continue to rely on our audio and video solutions to bring their creativity to life for millions of people to enjoy." About Avid Avid creates the digital audio and video technology used to make the most listened to, most watched and most loved media in the world -- from the most prestigious and award-winning feature films, music recordings, television shows, live concert tours and news broadcasts, to music and movies made at home. Some of Avid's most influential and pioneering solutions include Media Composer, Pro Tools, Avid Unity, Interplay(R), Oxygen 8, Sibelius(R) and Pinnacle Studio(TM). For more information about Avid solutions and services, visit www.avid.com, del.icio.us, Flickr, Twitter and YouTube; connect with Avid on Facebook; or subscribe to Avid Industry Buzz. Copyright 2009 Avid Technology, Inc. All rights reserved. Avid, the Avid Logo, Avid Unity ,Interplay, Digidesign, Media Composer, Nitris, Pro Tools, and Sibelius are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. The Interplay name is used with the permission of Interplay Entertainment Corp., which bears no responsibility for Avid products. Emmy is a registered trademark of ATAS/NATAS. Oscar is a trademark and service mark of the Academy of Motion Picture Arts and Sciences. All other trademarks are the property of their respective owners. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: BCSI) Blue Coat Systems, Inc. NEWS!! "Blue Coat announces expansion of WebPulse cloud based service to include Arabic web content" Sep 22, 2009 -- Provider of Application Delivery Network Infrastructure Blue Coat Systems Inc (Nasdaq:BCSI) expanded its cloud-based service WebPulse to recognise, analyse and categorise Arabic web content as well. WebPulse, in addition, supports over 50 languages already and together with the ability to analyse Arabic, the service can efficiently categorise more web content and allow enterprises to set and enforce granular corporate IT policies accordingly. Blue Coat WebPulse service is a community watch environment that uses Dynamic Link Analysis URL filtering and anti-malware techniques protecting users from web threats that rely on dynamic links. The service uses multiple threat engines, machine analysis and review by humans as well to assess over 1bn real-time URL requests per week and protect against malicious content. These results are available to all users in the WebPulse community immediately, without requiring downloads or other update cycles stated Blue Coat. The service is distributed worldwide through a network with eight data and content rating centres. Blue Coat's WebFilter customers have automatic protection with the service as well as Blue Coat ProxyClient software available for WebFilter customers also receive automatic protection through ProxySG appliances with a one-click option, while the WebPulse service is a built-in feature of Blue Coat K9 Web Protection for consumers. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (Nasdaq: BDSI) BioDelivery Sciences International, Inc. NEWS!! "BioDelivery Sciences to Present at the 2009 Maxim Group Growth Conference" RALEIGH, N.C., Sep 22, 2009 -- BioDelivery Sciences International, Inc. (Nasdaq: BDSI) today announced that Dr. Mark A. Sirgo, President and Chief Executive Officer of BioDelivery Sciences, will present at the 2009 Maxim Group Growth Conference on Tuesday, September 29, 2009 at 11:00 a.m. Eastern Time in New York City. A live and archived webcast of the presentation will be available at www.biodeliverysciences.com. Dr. Sirgo will be discussing the recent FDA approval and market opportunity for ONSOLIS (fentanyl buccal soluble film) and the status of BDSI's product pipeline, including BEMA Buprenorphine and other potential future product opportunities utilizing the BEMA drug delivery technology. About BioDelivery Sciences International BioDelivery Sciences International, Inc. (NASDAQ:BDSI) is a specialty pharmaceutical company that is focused on developing innovative products to address growing market opportunities, including conditions such as pain. The company utilizes its owned and licensed patented drug delivery technologies to develop, partner, and commercialize new products using proven therapeutics. BDSI's pain franchise currently consists of two products utilizing the Company's patented BEMA buccal soluble film technology: ONSOLIS (fentanyl buccal soluble film) which was approved by FDA on July 16, 2009, for the management of breakthrough pain in patients with cancer, eighteen years of age and older, who are already receiving and who are tolerant to opioid therapy for their underlying persistent cancer pain, and BEMA Buprenorphine, an analgesic in Phase 2 clinical development with at least one potential target indication for the treatment of moderate to severe pain. The company is working with its BEMA technology and its patented Bioral cochleate technology on products targeted at conditions common to oncology and surgical patients such as pain and infections. The company's headquarters is located in Raleigh, North Carolina. For more information please visit www.biodeliverysciences.com. BDSI(R), BEMA(R) and Bioral(R) are registered trademarks, and ONSOLIS(TM) is a trademark of BioDelivery Sciences International, Inc. Cautionary Note on Forward-Looking Statements This press release and the statements of representatives and partners of BioDelivery Sciences International, Inc. (the "Company") related thereto contain, or may contain, among other things, certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the Company's plans, objectives, projections, expectations and intentions and other statements identified by words such as "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," or similar expressions. These statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties, including those detailed in the Company's filings with the Securities and Exchange Commission. Actual results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the Company's control). SOURCE: BioDelivery Sciences International, Inc. CONTACT: ICR Donald Ellis, 925-253-1240 [email protected] or BioDelivery Sciences International, Inc. Al Medwar, 919-582-9050 Vice President, Marketing and Corporate Development [email protected] ------------------------------------------------------------------------------------------------------------------------------------------------------------ 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 tockMarketingInc.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 |