Keynote Systems Inc. (Nasdaq:KEYN) the global leader in Internet and mobile cloud monitoring, reported financial results for its first fiscal quarter ended December 31, 2010. Umang Gupta, Chairman and CEO of Keynote, said: “The record revenue achieved during the first fiscal quarter of 2011 validates the strong business momentum in both our mobile and Internet businesses. We grew revenue 20%, to $24.8 million, compared to the same quarter a year ago and also reported $6.1 million in adjusted EBITDA which represents a 24% margin. Even if we exclude the approximately $2.0 million effect of an accounting standards change to our revenue, our results reflect the shift in our growth trajectory and highlight the operating leverage in our model as we scale our business.”
Keynote Systems is the global leader in Internet and mobile cloud monitoring. We provide companies with solutions for continuously improving the online experience. Keynote Systems, Inc. is headquartered in San Mateo, California.
American Video Teleconferencing Corp. (OTCPK:AVOT)
Molybdenum is the 54th most abundant element in the Earth's crust and the 25th most abundant element in the oceans, with an average of 10 parts per billion; it is the 42nd most abundant element in the Universe. Molybdenum is a metallic, silvery-white element which is very stable chemically but it will react with acids. The physical characteristic that makes molybdenum unique is that it has a very high melting point, 4,730 degrees Fahrenheit. This is 2,000 degrees higher than the melting point of steel. It is 1,000 degrees higher than the melting temperature of most rocks. There are significant molybdenum resources around the world. The leading producers are United States, Canada, China, Chile, Mexico, Peru, Russia and Mongolia. . It is estimated that there are 12 million metric tons of molybdenum in the world. Other ore deposits may be discovered.
American Video Teleconferencing Corp. recently reported that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company's exploration programs on its newly acquired rare earth property in Quebec.
Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp.(DeBeers) in Africa and Benguet Cons. in the Philippines. Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology, has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists.
AVOT is looking forward to this new relationship with Mr. Lockhart as he will be able to provide the guidance, expertise and leadership that will be needed moving forward, as he has had many years experience working in the province of Quebec.
Mercury Computer Systems, Inc. (Nasdaq:MRCY) reported operating results for its second quarter of fiscal 2011 ended December 31, 2010. All results are presented and compared on a continuing operations basis. Second quarter fiscal 2011 revenues were $55.5 million, an increase of $10.4 million from the second quarter of the prior fiscal year. Revenues from defense customers increased by $9.2 million and revenues from commercial customers increased by $1.2 million as compared with the prior year’s second quarter.
Mercury Computer Systems, Inc. engages in the design, manufacture, and marketing of high-performance embedded, real-time digital signal and image processing systems and software for embedded, and other specialized commercial and defense computing markets.
Crown Equity Holdings Inc. (OTCPK:CRWE)
Crown Equity is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused Crown Equity's primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients.
Crown Equity announced recently that its subsidiary company, Crown Tele Services Inc. (http://www.crownteleservices.com) is still moving forward after dissolving its joint venture with Communication Expert Corporation and will gradually start rolling out its internet based voice and video service IP-PBX solutions this year.
Hosted IP-PBX lets you share a number of incoming phone lines among a larger number of extensions, so it's not necessary to pay for a separate line for every office employee or workstation, which saves money. But the implementation and ongoing maintenance of an VOIP PBX system requires a type of expertise that your IT staff may not have. And if you go with a commercial product, the up-front costs for the hardware and software may be high.
The cornerstone of Crown Tele Services Inc. strategy is to meet the highest standards when it comes to delivering VoIP communication solutions specifically designed to meet the market needs.
Commenting on the venture with Crown Tele Services Inc, Kenneth Bosket, president said, "We are still excited with this opportunity to expand our footprint in this valuable market. The demand for internet-based voice and video services is growing exponentially and our new subsidiary Crown Tele Services Inc. has launched its new website and intends to emerge as a service provider of choice."
To learn more about CRWE visit: http://www.crownequityholdings.com
StellarOne Corporation (Nasdaq:STEL) announced that Robert "Bobby" Fauntleroy, CFA, will be joining StellarOne's Wealth Management Division effective February 1, 2011. As Senior Portfolio Manager, he will manage wealth management client assets in Culpeper, Charlottesville, Fredericksburg, Harrisonburg, and Richmond. Mr. Fauntleroy's office will be in StellarOne Bank's Richmond office located at 3900 Westerre Parkway.
StellarOne Corporation is a traditional community bank, offering a full range of business and consumer banking services, including trust and wealth management services.
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