PennyOmega.com Hot Stock News & Alerts!

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Tuesday October 6, 2009

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Columbia Banking System, Inc. (Nasdaq: COLB) expects to report third quarter 2009 financial results on Thursday, October 29, 2009 at 6:15 a.m. PDT. Management will discuss these results on a conference call scheduled for that afternoon at 1:00 p.m. PDT (4:00 p.m. EDT). Interested parties may listen to this discussion by calling 1-888-318-7969; Conference ID code #34709998.

Ballantyne Strong, Inc. (NYSE Amex: BTN), a provider of digital cinema projection equipment and services, cinema screens and other cinema products announced today that its CEO, John P. Wilmers, and CFO, Kevin Herrmann, will present at Security Research Associates’ Growth Stock Conference on Monday, October 19, 2009 at the Omni Berkshire Place Hotel in New York City. Ballantyne will present at 1:00 p.m. ET and will be available for a break-out session and one-on-one meetings.

Global performance improvement solutions provider General Physics Corporation (GP), the operating subsidiary of GP Strategies Corporation (NYSE:GPX), today announced that it has been honored with a Gold Award for Excellence in Social Networks and a Bronze Award for Excellence in Customer Service at the Learning In Practice Awards sponsored by Chief Learning Officer magazine.

Humana Inc. (NYSE: HUM) announced today an expansion of its Medicare offerings in California. Beginning on November 15, individuals eligible for Medicare in Fresno, San Bernardino and Riverside counties can enroll in a local Humana Gold Plus HMO plan - for a January 1, 2010 effective date. This expansion, approved by the Centers for Medicare & Medicaid Services (CMS), builds upon other Medicare plans currently available in California, and focuses on providing greater choice to meet the changing needs of senior citizens and disabled people.

L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA has received a $2.7 million contract to supply a wide ranging package of rail products to the Allegheny County Port Authority Light Rail System. L.B. Foster is providing rail fasteners, trackwork and new rail for construction of the 1.2 mile North Shore Connector. This light rail transportation corridor will travel in two bored tunnels beneath the Allegheny River to connect Pittsburgh’s city center (Gateway Subway Station under Stanwix Street) with North Shore neighborhoods and attractions.

Micro Bubble Technologies Inc. (”MBT”), the operating subsidiary of EcoloCap Solutions Inc. (OTCBB: ECOS), has further enhanced distribution of its Carbon Nano Tube Battery (CNT-Battery) by signing a multi-million dollar distribution agreement with HALO Renewable Energy LLC (”Halo”), of Portland, OR. Halo has obtained distribution rights of the CNT-Battery for “non-wheeled” applications in North America, in addition to the U.S distribution rights to MBT’s M-Fuel. Halo was initially founded to exploit its proprietary system to manage energy storage and electrical systems for wind and solar applications. Halo’s extensive industry experience uniquely positions them to capitalize on the CNT-Batteries’ diverse applications. David Hice, CEO of Halo said, “The CNT-Battery is the final answer in our search for the ultimate energy storage and management system.”

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Monday October 5, 2009

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Enbridge Inc. (NYSE: ENB) today announced it has entered into a Letter of Intent with Chevron USA, Inc., Statoil Gulf of Mexico LLC and Marubeni Oil & Gas (USA) Inc. to construct and operate an oil pipeline from the proposed Big Foot ultra deepwater development in the Gulf of Mexico. This proposed crude oil pipeline project is complementary to Enbridge’s previously announced plans to construct the Walker Ridge Gathering System, which will provide natural gas transportation for the proposed Chevron-operated Jack, St. Malo and Big Foot fields.

Integra LifeSciences Holdings Corporation (Nasdaq:IART) will release its 2009 third quarter financial results and update its financial guidance for 2009 on Wednesday, November 4, 2009, before regular market trading hours. The company has scheduled a conference call for 8:30 AM EST the same day to discuss the results.

Itron, Inc. (Nasdaq:ITRI) announced it will report financial results for the three and nine months ended September 30, 2009 at 4:00 p.m. Eastern time on Wednesday, October 28, 2009. The company will hold a conference call with institutional investors to discuss the results at 5:00 p.m. Eastern time.

Interactive multichannel retailer HSN, Inc. (Nasdaq:HSNI) announced today that HSNi has named Mark Ethier, as Chief Executive Officer of HSNi’s Cornerstone business segment. Cornerstone is comprised of leading home and apparel lifestyle brands including Ballard Design, Frontgate, Garnet Hill, Grandin Road, Improvements, Smith+Noble, The Territory Ahead, and TravelSmith. Previously, Mr. Ethier was Executive Vice President and Chief Operations Officer of HSNi and a director of Cornerstone. He will now focus exclusively on driving and maximizing performance of Cornerstone. Mr. Ethier will continue to report to HSNi’s Chief Executive Officer, Mindy Grossman.

Silver Dragon Resources Inc. (OTCBB:SDRG) is pleased to announce that it has entered into a definitive agreement to sell its Erbahuo polymetallic project in China along with its Chinese subsidiary, Chifeng Silver Dragon Resources & Technologies, Ltd., to a private Chinese investor for RMB6 million or ~US$882,000 to the Company. Proceeds from the sale of Erbahuo will be used for further exploration and development of Silver Dragon’s other properties in China, including Dadi and Laopandao, of which Silver Dragon has a 40% interest and of its 100% owned Cerros las Minitas silver property in Durango, Mexico.

Power Integrations (Nasdaq:POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that Balu Balakrishnan, the company’s president and CEO, is the recipient of a 2009 TechAmerica Innovator Award. The awards, given annually since 1959, honor leading innovators in each of seven technology industry segments. Mr. Balakrishnan was named this year’s winner in the electronic components category, recognizing the environmental benefits of Power Integrations’ EcoSmart(R) energy-efficiency technology, which reduces standby power waste in electronic products. He has been issued more than 100 U.S. patents, including numerous patents related to EcoSmart technology. The award will be presented at the TechAmerica Innovator Awards and Benefit on October 6 in San Jose.

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Thursday October 1st, 2009

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ITT Corporation (NYSE: ITT) announced today that a new technology it is implementing will dramatically improve aviation safety and efficiency in the Gulf of Mexico while reducing passenger delays and greenhouse gas emissions. The company is planning to help bring the same technology to other areas across the United States in 2010, including New York, Washington, D.C., Chicago and Los Angeles.

New Energy Technologies, Inc. (OTCBB: NENE), a next-generation alternative and renewable energy developer, today announced that important durability tests of the Company’s MotionPower(TM)- Auto technology for generating electricity from the movement of cars will be conducted at the Four Seasons Hotel Washington, DC on Monday, October 12, 2009 at 2800 Pennsylvania Avenue, NW in front of the Hotel’s porte-cochere. This is the first time that New Energy’s MotionPower(TM) technology is being tested at a hotel property.

OSI Systems, Inc. (NASDAQ: OSIS), a vertically integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that its Security division, Rapiscan Systems, has received an order from the U.S. Transportation Security Administration valued at approximately $25 million for multiple units of its Secure 1000 Single Pose advanced checkpoint security screening solution. The order is the first to be placed under the terms of OSI’s recently awarded, $173M Indefinite Delivery, Indefinite Quantity (IDIQ) contract from the U.S. Transportation Security Administration for Advanced Imaging Technology (AIT) solutions.

TRW Automotive Holdings Corp. (NYSE: TRW), a global leader in automotive safety, is advancing the intelligence of active safety systems through the development and packaging of advanced camera technologies that provide a real-time picture of the vehicle environment.

Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that Adam Sills, Allied World U.S. AVP, E&O Practice, will be speaking at the McAfee FOCUS ‘09 Security Conference at The Venetian and The Palazzo Congress Center in Las Vegas, Nevada on October 7, 2009.

Raytheon Company (NYSE: RTN) has been awarded an indefinite delivery-indefinite quantity contract worth up to $100 million to improve secure combat identification for the U.S. Air Force.

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Thursday October 1st, 2009

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FIMA, Inc. (PINKSHEETS: FIMA), an emerging land development company, announced today that in spite of the continued persistent negative economic climate, the Company’s assets have remained steady. FIMA management, in order to control expenditures in light of its expectations for the direction of the economy, earlier this year decided upon a strategy that involved the dissolution of certain subsidiaries that were deemed unlikely to produce significant profits within an acceptable time frame. In addition, management revised its strategy in order to take advantage of emerging opportunities.

Solera Holdings, Inc. (NYSE: SLH), the leading global provider of software and services to the automobile insurance claims processing industry, today announced that it has completed the acquisition of 85% of the share capital of AUTOonline GmbH Informationssyteme, a leading European eSalvage vehicle exchange platform from DEKRA Automobil GmbH and other sellers. As previously disclosed, in future periods beginning after December 31, 2009, Solera has the right to purchase and the remaining sellers have the right to sell the remaining 15% stake in AUTOonline at a purchase price of ten times AUTOonline’s consolidated EBITDA (as defined in the definitive agreement) for the most recently completed fiscal year.

Kirby Corporation (NYSE: KEX) announced today that Joe Pyne, Kirby’s President and Chief Executive Officer, will present at the Johnson Rice Energy Conference on Wednesday, October 7, 2009, at 9:30 a.m. central time. The Johnson Rice conference is being held in New Orleans

Virtusa Corporation (Nasdaq: VRTU), a global IT services company that offers business consulting and outsourcing services, has been named to the Boston Business Journal’s list of the “100 Fastest Growing Public Companies” in the Boston area. The recognition honors Massachusetts-based companies that saw substantial increases in revenue from 2006 to 2008 and marks Virtusa’s second award for growth in the month of September.

Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of integrated technology solutions and data processing services for financial institutions, today announced that it has closed the transaction initiated to acquire Goldleaf Financial Solutions, Inc. (Nasdaq: GFSI), a provider of integrated technology-based solutions primarily for the financial services industry. As a result of the acquisition, Goldleaf Financial Solutions became a wholly owned subsidiary of Jack Henry & Associates and each outstanding share of GFSI common stock automatically converted into the right to receive $0.98 in cash.

Electronic components distributor Digi-Key Corporation, recognized by design engineers as having the industry’s broadest selection of electronic components available for immediate shipment, and OmniVision Technologies, Inc. (NASDAQ: OVTI), a leading developer of advanced digital imaging solutions, announced today the companies have entered into an agreement for the distribution of OmniVision’s digital imaging solutions in North America.

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Thursday October 1st, 2009

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IMCI, Infinite Group Inc., IMCI.OB

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Cloud-CastSM Named to Amazon Web Services Solution Provider Program

PITTSFORD, N.Y.–(CRWENEWSWIRE)–Cloud-CastSM, a division of Infinite Group, Inc. (OTCBB:IMCI), today announced that it has been selected by Amazon Web Services, an Amazon.com company, to join the Amazon Web Services (AWS) Solution Provider Program. Amazon Web Services provides companies of all sizes with a web services platform in the cloud, and the AWS Solution Provider Program includes Cloud-Cast among a select group of organizations that will deliver solutions and consulting services on the AWS infrastructure platform.

Focused on the growing market for cloud computing and virtualization services, Cloud-Cast delivers cloud computing solutions to government and commercial markets. Leveraging service providers such as AWS, Cloud-Cast offers a full range of cloud computing implementation services, including leveraging AWS for disaster recovery purposes, dynamic provisioning of web farms and offloading high-power compute applications to the cloud framework.

“We are excited about being selected as an AWS Solution Provider,” said Jason Langone, President of Infinite Group’s Cloud-Cast division. “Amazon’s infrastructure-as-a-service (IaaS) platform is a powerful and scalable delivery mechanism for on-demand cloud computing services. AWS will provide a strategic edge for Cloud-Cast and our clients as we move forward to deliver on the promise of cloud computing – providing a range of robust services in a way that is convenient, cost-effective and environmentally aware.”

In addition to services built on the AWS infrastructure, Cloud-Cast provides cloud-based solutions for applications, desktops and servers, as well as cloud migration and management capabilities. Cloud-Cast’s comprehensive service offering includes the Cloud-CastSM Readiness Assessment, a tool to analyze the business case for proposed cloud computing implementations. Cloud-Cast will also develop proprietary software solutions, with an emphasis on dynamic allocation of cloud computing resources.

About Amazon Web Services (AWS) and the AWS Solution Providers Program

Amazon Web Services, an Amazon.com company, provides Amazon’s developer customers with access to in-the-cloud infrastructure services based on Amazon’s own back-end technology platform, which developers can use to enable virtually any type of business. Examples of the services offered by Amazon Web Services are Amazon Elastic Compute Cloud (Amazon EC2), Amazon Simple Storage Service (Amazon S3), Amazon SimpleDB, Amazon Simple Queue Service (Amazon SQS), Amazon Flexible Payments Service (Amazon FPS), Amazon Mechanical Turk and Amazon CloudFront.

The AWS Solution Providers Program serves a growing community of Independent Software Vendors and Systems Integrators that offer a rich set of solutions and consulting services on AWS. The AWS Solution Providers Program is designed to help companies expand the capabilities and marketing potential of their solutions and services through exposure by AWS and building relationships with fellow providers in the AWS ecosystem.

About Cloud-CastSM

Cloud-Cast, the cloud computing division of Infinite Group, Inc., combines industry-leading technologies and a world-class team to enable IT organizations to better secure and manage data, applications and resources and reduce overall cost. Cloud-Cast provides the on-demand, energy-aware infrastructure that makes good on the promise of cloud computing – including the delivery of on-demand self-service, broad network access, resource pooling, rapid elasticity and measured service. Cloud-Cast’s partners include Amazon Web Services, Citrix, InstallFree, Microsoft and VMware. More information about Cloud-Cast is available at www.cloud-cast.com.

About Infinite Group, Inc.

Infinite Group, Inc. (IGI) is a world-class IT services and solutions provider serving a range of government and commercial organizations. Headquartered in Pittsford, New York, with offices in the Washington, D.C., metropolitan area and Colorado Springs, Colorado, IGI is focused on the following, interconnected practice areas: IT Infrastructure Services, Virtualization and Consolidation, Cloud Computing, Project and Program Management, and Business and Technology Integration. IGI is dedicated to the alignment of business and technology initiatives, and the delivery of superior results. Infinite Group is publicly traded under the symbol IMCI.OB, and more information about the company is available at www.IGIus.com.

This news release may include statements that may constitute “forward-looking statements,” including estimates of future business prospects or financial results, as to which there is no assurance. Any forward-looking statements herein are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There are many factors that could cause actual results of Infinite Group, Inc. (IGI) to differ materially from forward-looking statements. Please refer to a discussion of these factors in the Company’s Annual Reports on Form 10-KSB, Quarterly Reports on Forms 10-QSB and other Securities and Exchange Commission filings, which are incorporated herein by reference. IGI disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

IGI Media and Investor Relations Contact
William Freed, 707-658-2843
william@motv-marketing.com
or
Infinite Group, Inc.
Michael S. Smith
President and Chief Executive Officer
585-385-0610
Msmith@IGIus.com

Source: Infinite Group, Inc.

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IMCI, Infinite Group Inc., IMCI.OB is X-Tra Hot Stock Alert by PennyOmega.com

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PennyOmega.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold PennyOmega.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) . Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has received five thousand dollars from a third party for 2 days of advertisement services for Infinite Group Inc. IMCI

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