Avid® (NASDAQ:AVID) disclosed Pro Tools® version 9 -- a groundbreaking evolution of the industry's most popular music creation and audio production solution. Leveraging a next-generation architecture, version 9 of Pro Tools offers customers the unprecedented choice to work with Avid audio interfaces, third-party audio interfaces, or no hardware at all when using the built-in audio capabilities of a Mac or PC.
This first-ever software-only option for Pro Tools delivers customers the most open, flexible and feature rich version in history, while also providing top professional features customers have requested. Also, new support for the Avid EUCON™ open Ethernet protocol now enables customers to expand control surface options to include Avid's Artist Series and Pro Series audio consoles and controllers (formerly known as Euphonix® consoles and controllers).
Avid creates the digital audio and video technology used to make the most listened to, most watched and most loved media in the world -- from the most prestigious and award-winning feature films, music recordings, television shows, live concert tours and news broadcasts, to music and movies made at home.
GreenHouse Holdings Has Created the first E-Fuel MicroFueler
GreenHouse Holdings, Inc. (PINK:GRHU) announced last year that it has introduced the revolutionary E-Fuel MicroFueler™, a portable in-home micro-refinery system that turns organic waste into a high performance ethanol fuel for cars.
The E-Fuel MicroFueler converts organic waste into ethanol for about two-thirds the cost of gasoline. E-Fuel100 ethanol burns significantly cleaner, is better for the environment, is safe to produce and pump at home, replaces all grades of gasoline and produces distilled water as its only by-product.
GreenHouse is a leader in delivering cutting-edge green technology to homes and businesses and is the exclusive distributor of the MicroFueler in Southern California and Arizona.
Headquartered in Costa Mesa, California and serving clients globally, CEI 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.
GreenHouse 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.
Key Strategic Benefits for GreenHouse:
* 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.
Aviat Networks, Inc. (Nasdaq:AVNW), a leading wireless expert in advanced IP network migration, today reported financial results for the first quarter fiscal year 2011, which ended October 1, 2010.
Revenue for the first quarter of fiscal 2011 was $109.1 million, compared with $120.0 million in the year ago period. Cash and cash equivalents were $107.8 million as of October 1, 2010, compared with $141.7 million as of the end of fiscal 2010 or July 2, 2010.
Aviat Networks, Inc. engages in the design, manufacture, and sale of a range of wireless networking products, solutions, and services worldwide.
AVI BioPharma, Inc. (NASDAQ:AVII), a developer of RNA-based therapeutics, reported that it has been awarded five cash grants totaling approximately $1.2 million under the U.S. Government's Qualifying Therapeutic Discovery Project (QDTP) program. AVI was awarded grants for each of the five project applications submitted for the company's Duchenne muscular dystrophy program and four infectious disease programs.
The QDTP was part of the March 2010 Patient Protection and Affordable Care Act and provides a tax credit or grant equal to 50 percent of eligible costs and expenses for tax years 2009 and 2010. Under the program, a total of $1 billion in grant or tax credits was made available to companies with 250 or fewer employees. The grant received by AVI for each application was approximately $244,000.
AVI BioPharma, Inc., a biopharmaceutical company, engages in the discovery and development of therapeutic products based on antisense and cancer immunotherapy technology.
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