PTS, Inc. (OTCPK:PTSH) Announces New IT Service Contract
As of 10:42am EST, PTSH is UP over 40.00% !
PTS, Inc. (OTC:PTSH) announced this morning that through its ThinLine division it has signed a 3 year IT Services deal with United Power.
United Power is acknowledged experts on the resale of products especially suited for medium voltage power distribution, in addition to providing a wide portfolio of products for other aspect of the electrical utility business.
United Power has been serving electrical utility Customers within Georgia continuously since 1976. They have developed a reputation for customer sensitivity, fair dealing and exceptional quality during this time.
United Power required an IT solution that would allow them to contact one source for all of their IT needs.
Check out our Video Stock Highlight for PTSH !
PTS, Inc. intends to acquire undervalued businesses and/or merge with businesses with a history of operating revenues. Prior to February 23, 2010, the company engaged in the provision of accessibility compliance consulting services to government, school districts, and municipalities and other public entities, as well as to retail, commercial, recreational, and corporate customers. PTS, Inc. was founded in 1996 and is based in Las Vegas, Nevada.
Intel Announces 15 Percent Increase to Quarterly Cash Dividend
Intel Corporation (NASDAQ:INTC) this friday morning announced, that its board of directors has approved a 15 percent increase in the quarterly cash dividend to 18 cents per share (72 cents per share on an annual basis), beginning with the dividend that will be declared in the first quarter of 2011.
“Intel remains on track to have our best year ever and we continue to generate strong cash flows,” said Paul Otellini, Intel president and CEO. “Our ongoing operational performance and confidence in our business going forward provide the ability to return more cash to shareholders.”
Intel began paying a cash dividend in 1992 and has paid out approximately $20 billion to its shareholders in dividends. Intel cash dividends for the first through third quarters of 2010 total approximately $2.6 billion.
Intel (NASDAQ:INTC), the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live.
Additional information about Intel is available at www.intel.com/pressroom and blogs.intel.com.
Eline Entertainment Group, Inc. (PINK SHEETS:EEGI.PK) announces that the company has entered into merger discussions with China-based video game designer Vu365.
EEGI management feels that this is a significant event that merits reporting to the market. Management believes that this merger is imminent, as Vu365 vu365.com has been looking to enter the USA markets for quite some time, and virtually exhausted its patience in discussion with another publicly traded company. EEGI management being able to accommodate VU365 needs is taking aggressive action. According to sources, Vu365 offers revenues in the $2 million USD range, with profits of $500,000 USD.
Vu365, a China-based gaming company, has over 30 employees. Founded in 2005, the group operates web and casual games. Vu365 has several products in development: an assortment of strategic web games, cyber games and 3-D large scale competitive games. Vu365 has already garnered popularity as the sole agent of a Korean MMORPG (Massively Multiplayer Online Role-Playing Game), a game that accrued 3000 online gamers and a monthly residual income of almost 300,000 RMB (about $10,000.00 USD) from that single application alone.
EEGI is a publicly traded company with two subsidiaries, China-based Innovation Investment Group Inc. and US-based Let the Good Times Roll.
EEGI operates in the educational industry in China. It operates 12 educational training centers for nursery students; and 4 training programs. The company was formerly known as Eline Music.com, Inc. and changed its name to Eline Entertainment Group, Inc. in April 2001. Eline Entertainment Group, Inc. is based in Hendersen, Nevada.
More about EEGI at: www.elineentertainment.com
Entropic Communications, Inc. (Nasdaq:ENTR) a leading provider of silicon and software solutions that enable connected home entertainment, announced recently that it has been selected as a winner for the 2010 TechAmerica High Tech Awards. Entropic's MoCA (multimedia over coax alliance) silicon solution was recognized in the Communications Products and Services category.
Entropic Communications, Inc. (Nasdaq:ENTR) is a leading fabless semiconductor company that is engineering the future of connected home networking and entertainment by providing next-generation silicon and software technologies to the world's leading cable, telco and satellite service providers, OEMs and consumer electronics manufacturers.
Smart Technologies Inc. (Nasdaq:SMT) profit fell 22 percent, as income tax expense more than doubled in the quarter, sending shares down 18 percent in after-market trade.
Despite a 14 percent rise in revenue in North America -- its largest market -- the company was conservative in its outlook for growth in the region for the second half of fiscal 2011.
Smart Technologies' results come two months after its fiercest rival, Promethean World , warned of strong competitive pressures and a U.S. education industry that has borne the brunt of a slowdown in government aid.
SMART Technologies Inc. designs, develops, and sells interactive technology products and solutions worldwide.
Tellabs Inc. (Nasdaq:TLAB) has announced it will open its first Innovation Solutions Research Lab in the State of Victoria, Australia's capital city, Melbourne, creating 25 jobs in the city during the next three years.
Victorian Minister for Information and Communication Technology, John Lenders, said Tellabs' growth and expansion in Victoria is a testament to the state's ability to attract major global companies. The Information and Communication Technology (ICT) industry injects more than $27.4 billion a year into the State of Victoria's economy and employs more than 131,500 Victorians in ICT professions.
Tellabs innovations enable the mobile Internet and help our customers succeed. That's why 44 of the top 50 global communications service providers choose our mobile, optical, business and services solutions. We help them get ahead by adding revenue, reducing expenses and optimizing networks.
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