IncrediMail, Ltd. (Nasdaq:MAIL) a digital media company that builds downloadable consumer products, announced that it expects to report record sales for the fourth quarter and full-year 2010. Based on preliminary estimates, IncrediMail expects to report approximately $7.8 million in sales for the fourth quarter and annual sales of approximately $29.5 million. Commenting on the achievement, Mr. Josef Mandelbaum, IncrediMail’s CEO said, “I am very encouraged by our performance, particularly when looking over the course of the year where we saw revenue increase by an estimated $2.3 million or 8.5%, on an annual basis. This performance and our newly signed contract with Google position us nicely for continued growth in 2011 and beyond. With our focus on accelerating growth, we believe we can increase year-over-year sales in 2011 by 13-15%, reaching approximately $33 million to $34 million.”
IncrediMail Ltd. is a digital media company that builds, acquires and enhances downloadable consumer applications. The company’s award winning e-mail client product, IncrediMail Premium, is sold in over 100 countries in 10 different languages. Other products include, HiYo a graphic add-on to instant messaging software and Magentic, a wallpaper and screensaver software.
TOR Minerals International Inc. (Nasdaq:TORM) announced that it has entered into a new U.S. credit agreement with American Bank, N.A. The agreement will replace the Company's previous U.S. credit facility, which had been scheduled to mature in February 2011, and increases the Company's U.S. borrowing capacity by $1.5 million to $3 million. The new credit agreement consists of a $1 million line of credit (subject to a defined borrowing base), which matures July 1, 2012, and a $2 million term loan, which matures December 31, 2015. Amounts advanced under the line of credit bear interest at a variable rate equal to one percent per annum point above the Wall Street Journal Price Rate with a minimum floor rate of 5.50%. The term loan bears interest at a fixed rate of 6.65% per annum.
TOR Minerals International, Inc., a specialty chemical company, engages in the manufacture and marketing of mineral products. Its mineral products are used as pigments, pigment extenders, and flame retardants for the manufacture of paints, industrial coatings, plastics, catalysts, and solid surface applications.
American Video Teleconferencing Corp. (OTCPK:AVOT)
In the wake of China's decision America now must look for other sources, that will be more reliable for our future needs, and AVOT may just be the new source, here's why.
AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. AVOT is currently looking for these Rare Earths Minerals in Canada, the US's Northern neighbor.
American Video Teleconferencing Corp. has signed an option agreement to acquire two claim blocks in townships of Mekinac and Lajuene, Province of Quebec. These claim blocks are approximately 3600 acres in total and are located 120 miles east of Montreal P.Q. and 50 miles north of Three Rivers P.Q. They are accessible year round with infrastructure in the immediate vicinity. The claims adjoin a property that had one of the highest readings of Rare Earths in North America. Sampling in the 1950s gave readings of 48% combined Cerium, Lanthanum, Neoymium and Yttrium. That property has remained dormant for over 50 years but the new owners plan an extensive exploration program this fall. AVOT, after a lengthy search and after careful due diligence, believes this is going to be one of the most active areas for Rare Earths exploration and our holdings are in the same geological setting as the 48% Rare Earths showing. Rare Earths are in huge demand especially in the United States as China is closing off its exports of these strategic metals to less than 5% of its production. AVOT will aggressively continue to search world wide for opportunities in Precious, Base and Rare Earths metal projects.
To become a 100,000 ounce gold producer from first mine and to replicate this on each of the current optioned properties.
The vision of Orofino Gold Corp.:
- To become a good Joint Venture Partner
- To become a premier Mid Tier precious metals mining operation in Colombia
- To fast track first mine to commercial production.
Intrinsic, and essential, to this vision is ORFG's moral, ethical and social commitment to develop the communities related to the projects.
GOLD: It is known to all that the primary use of gold is associated to jewelry. About 78% of the gold consumed each year goes into the manufacturing of different jewelry products.
Although primarily used as a store of value, gold has many modern industrial uses including dentistry and electronics. Gold has traditionally found use because of its good resistance to oxidative corrosion and excellent quality as a conductor of electricity.
A total of 165,000 tons of gold have been mined in human history, as of 2009. This is roughly equivalent to 5.3 billion troy ounces or, in terms of volume, about 8,500 m³, or a cube 20.4 m on a side. The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry.
To learn about ORFG visit: http://www.orofinogold.com
Smart Technologies Inc. (Nasdaq:SMT) a leading provider of collaboration solutions, announced the 20-year anniversary of the SMART Board interactive whiteboard. SMART conceptualized its touch-enabled SMART Board interactive whiteboard in 1986, and in 1991, its first commercial version of the product was launched. Since then, SMART has developed a comprehensive range of easy-to-use, touch- and gesture-enabled solutions that facilitate effective learning and collaboration. SMART's commitment to Touch Recognition, multitouch and gesture-driven systems ensures an intuitive user experience for both education and business users. With a portfolio of more than 65 issued patents and more than 385 patents pending, SMART continues to develop innovative products to meet the evolving needs of users.
SMART Technologies Inc. designs, develops, and sells interactive technology products and solutions worldwide. The company offers a range of interactive whiteboards and complementary products, as well as interactive touch-enabled display components.
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