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 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.
Furthermore, GRHU has signed a Letter of Intent to acquire Control Engineering, Inc (NYSEMKT:CEI), which provides turnkey automation and control solutions including engineering, installation and integration services. Experts in multiple technologies and applications, CEI’s client base includes recognizable brands from a wide range of industries including pharmaceutical, food, beverage, utility, military and consumer goods.
- The acquisition is expected to significantly increase gross margins in GreenHouse's Energy Services Division via vertical integration of CEI's business. The acquisition is also expected to provide cross-selling opportunities of GreenHouse products and services to CEI's existing clients.
-The acquisition should immediately give GreenHouse access to the expert knowledge of CEI in commercial and industrial automation.
- The anticipated cost saving as a result of the acquisition will provide a competitive advantage to GreenHouse in the Automated Demand Response market.
More about GRHU at www.greenhouseintl.com
PWER designs and manufactures energy-efficient power conversion and power management solutions for alternative/renewable energy, routers, data storage and servers, wireless communications, optical networking, semiconductor test equipment, industrial markets and custom applications.
** PWER Posted Record Third Quarter 2010 Results **
PWER posted record net sales of $314 million for the third quarter ended October 3, 2010, an increase of 214% from the third quarter 2009.
Net income attributable to common stockholders for the third quarter was $63 million, or $0.40 per diluted share, compared to a net loss of $3 million, or $0.03 per share for the same period last year.
More about PWER at www.Power-One.com.
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