Tuesday, November 1, 2011

Wave Systems Corp. (WAVX) Signs Strategic Distribution Agreement with Ingram Micro (IM)

Wave Systems Corp., a leading provider of client and server software for hardware-based digital security that enables organizations to know who is connecting to their IT infrastructure, protect corporate data, and strengthen boundaries of their networks, today announced a strategic distribution agreement with Ingram Micro (NYSE: IM) starting November 1. The deal allows for the offering of Wave’s EMBASSY security software to more resellers around the world via Ingram’s network of customers for the managing of hardware-based data protection and authentication. Ingram Micro serves more than 150 countries on six continents and maintains the world’s most comprehensive portfolio of IT products and services.

“We are thrilled to have the opportunity to work with such an established global leader as Ingram Micro and look forward to offering our management tools for trusted computing around the world,” said Brian Berger, Executive Vice President of Marketing and Sales, Wave Systems in a press release Tuesday.

Wave’s core products use a highly secure cryptographic support system known as the Trusted Platform Module (TPM) to generate, store and process keys used to encrypt information and harden identities. Wave’s comprehensive suite of products leverages these capabilities to allow an organization to implement a safer, more trusted computing environment. In fact, Wave’s flagship software offering, EMBASSY® Trust Suite, comes installed on every business-class laptop computer shipping from Dell.

“This agreement allows us to offer Wave’s comprehensive management for data protection and authentication to more IT resellers around the world,” said Eric Kohl, Director, Ingram Micro Advanced Technology Division, in the Tuesday press announcement. ” Ingram Micro is very excited to offer Wave’s robust management tools for embedded hardware security — SEDs for protecting data and TPMs for strengthening authentication — to its network of partners and our partners’ customers.”

Ingram Micro is the world’s largest technology distributor and a leading technology, sales, marketing and logistics company for the IT industry worldwide. Since 1979 Ingram Micro has connected technology solution providers with vendors, bringing the latest products and services to the market.

Wave reports that its customers include the world’s largest chemical company, one of the largest automotive manufacturers, healthcare systems, financial institutions and government agencies.

For more Information about Wave and the Embassy Suite of products, please visit www.wave.com

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Strategic American Oil Corp. (SGCA) Sees Opportunity in the Land of Lincoln

The increase in the price of oil has reinvigorated the search for domestic resources, including those in states that the average American doesn’t normally associate with oil production. A prime example is Illinois. Far from the parched prairies of Oklahoma and Texas, Illinois is a state more associated with Chicago and agriculture than fossil fuels, and yet oil and gas have been commercially produced in Illinois for over a century. During this time, the state has produced well over 3 billion barrels of oil. Even more surprising is that there is an estimated 4 billion barrels still in the ground in the Illinois Basin, a huge geological structure covering most of Illinois.

Strategic American Oil, a growth stage domestic oil and gas exploration and production company, is growing its portfolio of oil projects in the Illinois Basin, in addition to the company’s operations in Texas and Louisiana. Strategic has leased over 2,900 acres in the Basin, with new projects being identified.

• Waterflood #1 – Strategic has been working on the WF1 Prospect for many months, and is now finalizing designs for the pilot program. An independent engineering report has identified potential reserves, indicating production can be achieved through primary and secondary recovery. In addition, there are other zones not fully exploited that may hold significant reserves.
• DST Prospect – Covering roughly 1,000 acres, the DST Prospect offsets fields that have produced from 764,000 barrels to over 3,500,000 barrels of oil. Strategic is now working to secure additional working interest partners to perform initial drilling of an offset well.
• Oakdale NE Prospect – There are numerous productive fields around the Oakdale NE area, with the original Oakdale North Field producing 761,000 barrels of oil.

Strategic’s CEO, Jeremy Driver, emphasizes the importance of the company’s Illinois prospects: “Allocating significant resources to the Illinois Basin is an integral part of the future growth for Strategic American Oil,” said President and CEO, Jeremy Driver. “We believe strongly that our development of these projects will reap great economic rewards for the company and its shareholders.”

For additional information, visit www.StrategicAmericanOil.com

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BlueFire Renewables (BFRE) and China Huadian Sign MOU for Financing of Mississippi Power Plant

BlueFire Renewables Inc., a company focused on the production of renewable fuels from non-food cellulosic wastes, announced it has entered into a Memorandum of Understanding (MOU) with China Huadian Engineering Co. LTD to finance BlueFire’s integrated Power Plant and Biorefinery in Fulton, Miss., as well as up to five additional plants in the U.S. upon success of the Fulton project.

Per the MOU, Huadian will purchase a stake in BlueFire Fulton Renewable Energy LLC and, optionally, debt for the Fulton project to support the financing and construction for this cellulosic ethanol facili¬¬¬ty.

Huadian is one of China’s largest utilities companies, generating more than 75,000 MW of power in China.

Arnold Klann, president and CEO of BlueFire, emphasized how Huadian will enhance BlueFire’s business strategy.

“Having such a strong partner, both technically and financially, backing up BlueFire, is a significant advancement in bringing BlueFire’s business plan to fruition,” Klann stated in the press release.

Huadian’s collaboration with BlueFire stems from the introduction and low carbon development program launched in late 2009 between the National Center for Sustainable Development in Washington, DC, and the CDM Fund in Beijing, China.

“The goal of the joint program is to identify important emerging practical technologies with significant potential for broad deployment in China, bring these technologies to commercial scale in the U.S. and apply lessons learned in meeting the energy and low carbon development needs of China, the U.S. and globally,” said Mitchell Stanley, president of NCSD. “Cellulosic ethanol manufactured from biomass and not from food crops is mandatory for China, and BlueFire offers a scalable efficient approach to producing numerous valuable industrial chemicals from domestic sources rather than from imported petroleum.”

Once the companies finalize the MOU into a definitive agreement, BlueFire plans to move toward financial closing to accelerate and complete construction of its Fulton project. The first phase of construction was completed in June 2011; the remaining construction is dependent on final financing for the complete project.

For more information visit www.BFREINC.com

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The Growing Importance of Social Media for SEO

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Vertex Energy, Inc. (VTNR) Reports Improvements, Record Revenue for Q3 2011

Vertex Energy, Inc., a leader in the aggregation, re-refining and processing of distressed petroleum streams such as used oil, transmix, fuel oils and off-specification commercial chemical products, today posted its financial results for the third quarter and nine months ended September 30, 2011.

“The third quarter of this year, like the first and second quarters of 2011, illustrated the improvements we’ve made in virtually every area of our business compared to last year. As we continue to aggregate and process greater volumes of product we improve our ability to drive revenue as we strengthen our position within the used oil market,” Benjamin P. Cowart, CEO of Vertex stated in the press release.

The company reported consolidated revenue of $30.3 million, a 128 percent increase over third quarter 2010 revenue of $13.2 million. For the first nine months of 2011, the company reported revenue of $78.4 million, an 85 percent increase over the first nine months of 2010.

Gross profit for the third quarter increased 148 percent to $2.03 million compared to $818,607 reported in the comparable quarter of 2010. Gross profit for the first nine months of the year increased 146 percent to $6.77 million.

Vertex’s third-quarter 2011 net income increased 393 percent to $1.03 million, or $0.06 per fully diluted share, compared to third quarter 2010 net income of $208,580, or $0.02 per fully diluted share. Net income for the first nine months of 2011 improved to $3.64 million, or $0.25 per fully diluted share, a 378 percent increase over the first nine months of 2010.

The company’s overall quarterly sales volumes increased 36 percent compared to third quarter 2010; volumes for the first nine months of 2011 increased 21 percent compared to the same period last year.

Cowart said the company will continue to expand its used oil aggregation footprint, overall sales volume, and its patent-pending Thermal-Chemical Extraction Process (TCEP) throughput rates compared to last year.

“The third quarter of 2011 represents our highest revenue quarter yet. TCEP, which has grown in its contribution to Vertex’s top line over time, continues to run effectively even while we are still implementing improvements to the process,” Cowart stated. “For the remainder of 2011, we expect to continue to exploit our competitive advantage in the combination of used oil aggregation and TCEP operations, while also evaluating potential acquisitions that could enhance our overall competitive positioning within the industry.”

For more information visit www.vertexenergy.com

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netTALK.com, Inc. (NTLK) Announces Availability of netTALK DUO at Walmart Supercenters

netTALK.com, Inc. is a company on the rise. The young company has quickly gained a reputation as an up-and-coming telecommunications and consumer electronics company offering state-of-the-art products and services that help consumers save money in the telephone sector. Today, netTALK.com took a major step towards prominence with the announcement their netTALK DUO will be available at Walmart Supercenters across the nation.

The netTALK DUO is one of the prized products of the company and was a recent winner of PCMag’s coveted Editors’ Choice award. The product has changed the face of the sector and is renowned as a revolutionary voice over internet protocol (VoIP) device. The product has caught the attention of Walmart chains and will now be available at over 1,000 Walmart Supercenters.

Leading the way at netTALK.com is Anastasios ‘Takis’ Kyriakides whom serves as the company’s President and CEO. In reference to this announcement, Kyriakides stated, “With this agreement with Walmart, the world’s largest retailer, we have expanded our bricks and mortar distribution by many orders of magnitude, in line with our long-term strategic growth plan. Walmart is known for offering unbeatable value to consumers, and the netTALK DUO, the ultimate money-saving telephone device and digital phone service, will offer broad appeal to Walmart shoppers, nationwide. The netTALK DUO has been consistently ranked in the top five bestsellers in the Walmart.com Home Office Technology category for months, and we could not be more pleased to now offer it to Walmart Supercenter shoppers, coast-to-coast.”

Currently, netTALK.com, Inc. is trading in the $0.40 range. To learn more about this press release, or the company as a whole, visit their corporate website at www.netTALK.com

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Attunity Ltd. (ATTUF) Secures Contract from Connecticut Community Care

Attunity Ltd. is a leading provider of real-time integration software. The company’s software enables access, sharing and distribution of data across various enterprise platforms, organizations and the cloud.

The company today announced that Connecticut Community Care Inc. (CCCI) has selected Attunity’s managed file transfer platform (Repli-Web MFT) to secure and automate the delivery of service orders, electronic billing, and payer information throughout their partner network of health care providers. CCCI is the largest care management service for the elderly and individuals with disabilities in Connecticut.

CCCI said Attunity’s Repli-Web MFT was the logical choice as it supports an extensive portfolio of encryption policies, user authentication, audited delivery options, and secure transfer protocols. Repli-Web MFT offers a combination of user, system and application interfaces that allow for tight integration with the existing business processes and IT workflows of CCCI.

Repli-Web MFT also provides powerful back-end automation capabilities that allow Connecticut Community Care to effectively process and route files throughout their internal systems. This allows them to improve their ability to analyze and access business-critical data.

Garrick Herrmann, vice president of sales for Attunity, said this contract win shows that Repli-Web MFT continues “to gain traction” in the marketplace.

For more information about Attunity and its software products, please visit the company’s website at www.attunity.com.

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