Iridium Communications Inc. (Nasdaq:IRDM) announced its 2011 and long-range financial outlook at its 2010 Analyst Day in New York. Iridium noted that the 2011 OEBITDA guidance of $180-$190 million represents 17 percent year-over-year growth at the midpoint of the ranges from the Company's expected 2010 OEBITDA of $155-$160 million, which the Company reaffirmed.
Iridium also said it expects average service revenue growth of 9-13 percent per year between 2011 and 2015 and an OEBITDA margin of approximately 60 percent in 2015.
U.S. Global Investors, Inc. is a publicly owned investment manager. The firm primarily provides its services to investment companies. It also provides its services to pooled investment vehicles.
Power3 Medical Products, Inc. (OTC.BB:PWRM) a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, announced that it has signed a definitive agreement to acquire all of the stock of Rozetta-Cell Life Sciences, Inc. Power3 plans to effectuate the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into Power3, with Power3 remaining as the surviving company in the merger. The acquisition of Rozetta-Cell is expected to be completed in February 2011.
Rozetta-Cell is a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy. The company has a robust intellectual property portfolio and has created numerous products for adult stem cell therapy that are ready for market globally. Rozetta-Cell also has several collaborations in process through which it is partnering with industry-leading adult stem cell research companies and adult stem cell vendors.
We are very excited to be acquiring Rozetta-Cell Life Sciences, stated Ira L. Goldknopf, President and Chief Scientific Officer of Power3 Medical Products, Inc. Rozetta-Cell brings us a tremendous amount of complementary adult stem cell therapy technology, know-how and experience.
With the addition of Rozetta-Cell, Power3 will significantly strengthen its IP portfolio in a major growth market by merging regenerative medicine with the technologies that we are using to identify disease-specific protein biomarkers and develop them into screening and diagnostic tests to address unmet medical needs.
Completion of the merger is subject to customary closing conditions, including receipt by the parties of all necessary board and shareholder approvals and third party consents. There can be no assurance that these conditions will be met or that the merger will be completed.
EXFO Inc (Nasdaq:EXFO) provider of leading edge stand-alone metrology and the market leader of integrated metrology solutions to the semiconductor process control market, announced that a major foundry recently placed $10 million orders for its integrated and standalone metrology tools.
The tools will support manufacturing and development for both the 4x and 3x technology nodes. "We are delighted with this large order from one of our most strategic customers and see it as a real testament to the depth of our long term technological.
EXFO Inc. provides test and service assurance solutions for wireless and wireline network operators and equipment manufacturers in the telecommunications industry worldwide.
Crown Equity Holdings Inc. (OTCBB:CRWE) recently released that Crown Equity Holdings Inc. is expanding its business by opening another office in Pakistan. This office will be located in the city of Attock, Pakistan.
This office will add an additional workforce of 25 associates to its CRWENewswire team, which will increase Crown Equity Holdings' up to date news and world affairs from the Mid-East, Far East and Europe online news wires. The new office in the city of Attock, as well as the office in Islamabad, will be managed by Zeeshan Shabbir.
Crown Equity Holdings is in the process of developing its Arabic language CRWENewswire site for news occurring in Pakistan and elsewhere around the world. Crown Equity Holdings Inc. reported in June of this year its 1- 10 forward stock split, as well as in August announcing that Crown Equity Holdings Inc. had surpassed One Million dollars (1,000,000) in sales.
Crown Equity Holdings Inc. is utilizing today's technology to advertise, promote and market public companies globally. Crown Equity Holdings' proprietary network technology allows their publishing department to get their content to millions of readers daily across the world. Crown Equity Holdings Inc. publishes financial content to all the major countries and covers all the accredited stock exchanges.
Nova Measuring Instruments Ltd. (Nasdaq:NVMI) provider of leading-edge stand-alone metrology and the market leader of integrated metrology solutions to the semiconductor process control market, announced that its CEO, Mr. Gabi Seligsohn and its Chairman of the Board of Directors, Dr. Michael Brunstein together with Nova's management team, will preside over the NASDAQ Opening Bell ceremony on January 10, 2011.
The proceedings will begin at 8:30am, with the opening ceremony taking place at 9:30am at the NASDAQ MarketSite, Times Square, New York. A live webcast of the ceremony will be available at: http://www.nasdaq.com/reference/marketsite_about.stm, by viewing the MarketSite Webcam.
Nova Measuring Instruments Ltd. engages in the design, development, production, and sale of integrated process control metrology systems and stand-alone metrology systems for the semiconductor manufacturing industry.
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Crown Equity Holdings Inc. (CRWE.OB) has received 1,000,000 shares 144 restricted stocks for IT department services and 2,000,000 shares (free trade) for 12 months of video production from Power 3 Medical Products Inc. (PWRM.OB).