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Pixelworks, Inc. (NASDAQ:PXLW), an innovative provider of powerful video and pixel processing technology, announced financial results for the second quarter ended June 30, 2011. Second quarter 2011 revenue was $15.7 million, an increase of 6.7% sequentially from $14.7 million in the first quarter of 2011, primarily due to higher sales of new products and a rebound in digital projection. Quarterly revenue decreased 15.9% from $18.7 million in the second quarter of 2010 as the digital projection market emerged from a world-wide inventory correction. On a GAAP basis, gross profit margin in the second quarter of 2011 was 47.3%, up from 44.7% in the first quarter of 2011 and 46.3% in the second quarter of 2010. Second quarter 2011 GAAP operating expenses were $9.2 million, compared with $9.8 million in the previous quarter and $9.5 million in the second quarter of 2010. The Company recorded GAAP net loss of $2.1 million, or $0.13 per share, in the second quarter of 2011 compared to GAAP net loss of $1.5 million, or $0.11 per share, in the first quarter of 2011 and GAAP net loss of $1.0 million, or $0.08 per share, in the second quarter of 2010. GAAP net loss per share in the second quarter and first quarters of 2011 were calculated using 15.8 million and 13.6 million diluted shares, respectively.

Pixelworks, Inc. engages in the design, development, and marketing of video and pixel processing semiconductors and software for digital video applications. The company's products include ImageProcessor integrated circuits (ICs), Video Co-Processor ICs, and Networked Display ICs.

*************** Crown Equity Holdings Inc. (OTCPK:CRWE)

In today's times, large to small businesses are making use of the online platform for building up their customer base. After all, the internet is the easiest and fastest medium to stay connected to your clients and advertising your company's products and services. But to make the best out of your online presence, you need to use the online marketing tools most effectively.

Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.

Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.

CRWE's digital network is designed, on behalf of its clients, to bring together targeted high-income audiences and advertisers on its financial websites that include, among others,,,,,, and

Crown Equity Holdings, Inc. announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.

For more information, please visit their website:

******************* Cleantech Transit Inc (OTCPK:CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (

Cleantech Transit, Inc. (OTCPK:CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.

The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.

Biomass consists of water, carbon dioxide and solar energy though the most notable source of biomass is plants. Plants are able to manufacture biomass through the process of photosynthesis where chlorophyll absorbs energy from the sun and use it to convert carbon dioxide from the surrounding and the ground to carbohydrates. When these carbohydrates are burned, they are converted back to water and carbon dioxide and in the process release energy from the sun back to the atmosphere.

For more information about CLNO, visit


Kulicke & Soffa Industries Inc. (NASDAQ:KLIC), a global leader in the design and manufacture of semiconductor and LED assembly equipment, announced that Lester A. Wong will join K&S as Senior Vice President, General Counsel & Legal Affairs, effective September 12, 2011. Mr. Wong will reside and be based in Singapore at K&S's world-wide corporate headquarters.

Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits, high and low powered discrete devices, light-emitting diodes, and power modules.


Cypress Semiconductor Corp. (NASDAQ:CY) announced second-quarter 2011 results. Our second-quarter revenue grew 9% sequentially, at the high end of our guidance, and grew 13% sequentially for ongoing operations (net of our Q1 Image Sensor divestiture). Our TrueTouch touchscreen business exceeded our expectations due to strong ramps at leading mobile phone customers and initial production ramps of new tablet products.

Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Visit Cypress online at





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