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Smallcap
Recap Archives
June, 2005:
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. . . . . . Parisian Upgrade
- Parlux Fragrances
(Nasdaq: PARL) can't get enough of Paris. The company,
which already markets Paris Hilton perfume, cosmetics and
watches, has entered into an exclusive worldwide license agreement
to develop and market a line of handbags, purses, wallets,
and other small leather goods and accessories for the omnipresent
Ms. Hilton. On May 24, Wedbush Morgan initiated coverage of
Parlux with a Buy rating.
. . . Calling Best-of-Breed - A study of
wholesale long distance carriers ranked iBasis
(OTCBB: IBAS) as the world's best international carrier for
the fourth year in a row. Conducted by ATLANTIC-ACM, an industry
research firm, the study evaluated the performance of wholesale
carriers based on ratings by their resale customers. iBasis
placed ahead of major carriers, including AT&T, MCI, Sprint,
Deutsche Telekom, France Telecom, and Teleglobe. The company's
recent crossover into profitability has been fueled by explosive
growth in consumer VoIP services, as well as other trends
in international telecommunications.
. . . Flight of the UAV
- Techsphere Systems International has granted Cyber Defense(OTCBB:CYDF)
the exclusive right to merge a subsidiary of Cyber Defense
into Techsphere Systems. Techsphere Systems will become a
wholly owned subsidiary of Cyber Defense. The merger brings
together Cyber Defense's UAV (Unmanned Aerial Vehicle) expertise
and Techsphere's airship manufacturing experience. . . . Earlier,
Cyber Defense announced that its CyberScout UAV performed
its first transition flight from hover flight to forward flight.
The CyberScout is the first in a series of planned UAV's being
developed to hover and/or fly horizontally for up to 60 minutes
at speeds of 300 MPH plus. Cyber Defense Systems is an operating
subsidiary of Proxity, Inc. (Pink Sheets:PRXT).
. . . Lower side effects
- Drug maker Depomed (NasdaqNM:DEPO) received Food
and Drug Administration approval for its antibiotic Proquin
XR to treat uncomplicated urinary tract infections. While
similar to Bayer AG's Cipro, Depomed's Proquin lists nausea
and diarrhea as uncommon side effects rather than common side
effects. The difference may be that Proquin's dosage is released
over 6 hours instead of about 2 hours with Cipro, decreasing
the side effects. The company believes that lower incidence
of side effects will increase adherence to the treatment.
. . . Dust Buster -
Engineered
Support Systems (Nasdaq: EASI) received a contract
from the U.S. Army to reset an estimated 4,000 generator sets
returned to the U.S. with American forces from deployment
in Southwest Asia, including Iraq and Afghanistan.The contract
has a ceiling of $151 million over the 48-month performance
period. The military generator sets have been exposed in the
area of military operations to large amounts of fine desert
dust and sand, and long periods of extreme heat. The dust
and sand contaminants eventually compromise the generator
engine and most electro-mechanical parts. Engineered Support
Systems provides advanced sustainment solutions for all branches
of America's armed forces and certain foreign militaries,
homeland security forces and selected government and intelligence
agencies.
. . . Animal Tracer
- Finding diseased animals quickly is imperative to head off
the spread of disease, as well as stopping enormous negative
economic ramifications for an industry and a country. The
New York Department of Agriculture is testing Advanced
ID Corporation's (OTCBB:AIDO) RFID technology in an attempt
to head off the spread of disease in the state's deer population.
The Company provides RFID and traceability solutions for the
animal industry. Advanced ID continues to make progress with
its initiatives in North America, Asia and Australia.
. . . Jumpy Defense
- Mediaset SpA, one of the world's largest broadcasting groups,
has deployed Critical Path's (Nasdaq:CPTH) Memova(TM)
Anti-Abuse solution to protect the users of its consumer email
service—Jumpy—against viruses, spam and other malicious
attacks. Memova provides an anti-abuse solution at minimal
costs. By stopping the bulk of abuse with traffic management
alone, the number of email messages that require more costly
content analysis is minimized.
. . . Heart starter
- Cardiac Science (Nasdaq: DFIB), a manufacturer of
live-saving public-access defibrillators (AEDs), has been
granted approval by the Canadian Regulatory Agency to begin
marketing its patented fully-automatic Powerheart® public-access
AED in Canada. The Powerheart product line is designed specifically
for use in public places, workplace settings and in-home use
by consumers. In order to use the G3-Automatic, a rescuer
need only listen to the Powerheart's detailed voice instructions
explaining how to attach the device to the heart attack victim.
Last year, Powerheart was successfully launched in the U.S.
. . . 911 for VoIP -
Recently, the Federal Communications Commission issued a ruling
requiring VoIP service providers to supply Enhanced 911 (E-911)
emergency calling capabilities to their customers as a mandatory
feature of the service. Sonus Networks (Nasdaq: SONS),
a voice infrastructure company, announced that it offers a
solution that enables VoIP service providers to offer critical
emergency services to their customers. The Sonus platform
facilitates the delivery of these services to consumers through
a connection to the Public Switched Telephone Network (PSTN).
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