GRHU, GreenHouse Holdings, Inc., (OTCQB:GRHU)
GRHU is a San Diego, California based integrator of some of the world's most innovative environmental, public safety, infrastructure technologies.
GRHU provides systems that are financially sound and sustainable to residential, commercial, industrial and government markets around the globe.
GRHU provides energy-efficiency products, energy management systems, eco-friendly infrastructure, scalable waste-to-fuel bio-fuel and closed loop systems, as well as other proprietary technologies and products that are utilized to provide a greener and safer future for millions of people. Other flagship products and solutions include the Green Village, R.A.P.S., and One Link.
*** GRHU recently reported that PepsiCo(NYSE:R) will partner with GreenHouse to utilize Southern California Edison's (SCE) Automated Demand Response (Auto-DR) program at its Buena Park bottling plant.
GRHU is a qualified service provider of SCE's Auto-DR program, providing site assessment, feasibility studies, project development, engineering, installation of enabling technologies and complete processing of all incentives.
The Auto-DR program offers significant financial incentives and technical support to SCE customers with automated load control systems that participate in demand response events. Auto-DR uses control systems to automatically achieve specified energy demand reductions (kW and duration) during periods of peak energy demand.
PepsiCo is a recognized leader in the beverage industry for their efforts in sustainability and energy efficiency by consistently operating their plants in the most energy-conscious manner possible.
In utilizing the Auto-DR system, Pepsi can shed or reduce electric consumption during costly peak energy periods when the demand is highest. In addition, the system provides Pepsi the ability to reduce operating costs by curtailing the use and purchase of electricity. Pepsi will then receive financial incentives from SCE for doing so.
*** GreenHouse Holdings, Inc. Announces Contract Awards Totaling $6 Million ******
GRHU reported the signing of multiple contract awards for its Life Protection (NYSE:LPI) Governmental Services Division, totaling $6 million. The recently acquired LPI subsidiary provides innovative training, support, design and construction of facilities and services to meet the needs of the U. S. Government, military, and law enforcement agencies.
The governmental contracting entities include the U.S. Marine Corps School of Dynamic Entry in Quantico, VA and the U.S. Army Schofield Barracks Range Support in Honolulu, HI.
The combined value of these contracts totals $1.5 million and includes GRHU's brand of Rapidly Assembled Portable Structures, (RAPS).
In addition, to the governmental contracts, GRHU has signed contracts totaling $4.5 million for commercial projects, including a design-build contract for services ranging from project management and land planning to eco-friendly building products and services.
GRHU expects the majority of the contracted work to be completed by year end 2010.
More about GRHU at www.greenhouseintl.com
Piper Jaffray Companies (NYSE: PJC) reported net income of $7.1 million, or $0.36 per diluted common share, for the third quarter ended September 30, 2010, compared to net income of $9.3 million, or $0.47 per diluted common share, for the third quarter of 2009 and net income of $7.4 million, or $0.36 per diluted common share, for the second quarter of 2010.
Third quarter 2010 net revenues were $116.5 million, compared to $119.7 million in the year-ago period, and $127.7 million for the second quarter of 2010.
THQ Inc. (NASDAQ: THQI) plans to release its financial results for the second quarter of fiscal 2011 after the market close on Wednesday, November 3, 2010.
THQI will subsequently discuss its results and financial outlook during a conference call available via telephone and the Internet.
Smith Micro Software, Inc. (NASDAQ: SMSI), a leading developer and marketer of mobility solutions and services for the wireless market, reported that it will report its third quarter 2010 financial results following the close of regular trading on November 3, 2010.
The news release will be followed by a teleconference available to all interested parties at 1:30 p.m. PT.
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