GTSI Corp. (NASDAQ:GTSI)
GTSI Corp. is a leading provider of technology solutions to federal, state, and local governments. Founded in 1983, the company has helped meet the unique IT needs of more than 1,700 governmental agencies nationwide. GTSI professionals draw on their deep knowledge, strategic partnerships, more than 740 industry certifications, and customer service to guide agencies in selecting the most cost-effective technology available. GTSI has extensive capabilities and past performance in data center, networking, collaboration, security, and cloud computing solutions. In addition, GTSI’s advanced engineering, integration, support, and financial services — and broad portfolio of contracts — ease the planning, purchasing, and deployment of solutions, and facilitates the management of mission-critical IT throughout the lifecycle. Headquartered in Herndon, Va., GTSI has approximately 400 employees and reported revenue of $666.7 million for the 12 months ended Dec. 31, 2010.
GTSI recently has sold its 37% ownership interest in Eyak Technology, LLC (EyakTek) to EyakTek for $20 million in cash. On August 19, 2011, GTSI entered into a Settlement and Redemption Agreement with The Eyak Corporation, Global Technology Group, LLC and EyakTek to sell GTSI’s interest in EyakTek and to settle the pending arbitration proceedings and litigation with EyakTek and its officers and other owners, as well as other related disputes between GTSI and EyakTek and the other owners of EyakTek.
“As a result of this settlement, we will have the opportunity to redeploy this capital by investing in more critical areas of the business,” stated Sterling Phillips, GTSI’s Chief Executive Officer and President.
For more information about GTSI Corp. please visit http://www.gtsi.com
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Crown Equity Holdings Inc. (CRWE.OB)
Crown Equity Holdings Inc., together with its digital network of Websites, offers advertising branding and marketing services as a worldwide online multi-media publisher. The company focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.
Crown Equity Holdings Inc. previously has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. CRWE will own the remaining fifty percent (50%) interest in the joint venture.
According to IBISWorld Industry Reports, Digital voice will be the fastest growing U.S. industry in the next five years. Voice over Internet Protocol leads the list of the ten most dynamic industries with revenue in 2010 of nearly $12.5 billion dollars, growth 2000 - 2010 of 194% and forecast growth 2010 - 2016 of 17.6%
According to ABI Research, the latest global business VoIP services forecasts show that the value of the overall market, which includes VoIP integrated access, SIP trunking, hosted IP-PBX/IP Centrex and managed IP-PBX services, is set to double over the next five years, to exceed $20 billion by 2015.
For more information about Crown Equity Holdings Inc. please visit http://www.crownequityholdings.com
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Alico, Inc (NASDAQ:ALCO) announced financial results for the third quarter and nine months ended June 30, 2011. Net income for the third quarter of fiscal 2011 was $6.0 million or $0.81 per share as compared to $2.3 million, or $0.31 per share for the third quarter of fiscal 2010, an increase of 160.9% in net income and $0.50 per share. Income from operations for the third quarter of fiscal 2011 was $10.1 million, compared to income from operations of $3.8 million for the third quarter of fiscal 2010, an increase of 165.8% quarter-over-quarter.
Alico, Inc., through its subsidiaries, operates as a land management company in central and southwest Florida. It involves in harvesting, hauling, and marketing citrus, as well as purchasing and reselling citrus fruit; cultivating citrus trees; and cultivating raw sugarcane for sale.
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Jack in the Box Inc. (NASDAQ:JACK) announced net earnings of $18.7 million, or $0.38 per diluted share, for the third quarter ended July 10, 2011, compared with net earnings of $24.2 million, or $0.44 per diluted share, for the third quarter of fiscal 2010.
Jack in the Box Inc. operates as a restaurant company that operates and franchises Jack in the Box restaurants. These restaurants are hamburger chains, with approximately 2,200 restaurants in 18 states.
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Repros Therapeutics Inc. (NASDAQ:RPRX) announced financial results for the second quarter ended June 30, 2011. Net loss for the three month period ended June 30, 2011, was ($3.7) million or ($0.30) per share as compared to a net loss of ($1.3) million or ($0.16) per share for the same period in 2010. The net loss for the six month period ended June 30, 2011, was ($5.8) million or ($0.50) per share as compared to a net loss of ($2.4) million or ($0.33) per share for the same period in 2010. The increase in loss for both the three and six month periods ended June 30, 2011 as compared to the same period in 2010 was primarily due to increased expenses in clinical development related to Androxal(R) and an increase in non-cash stock based compensation.
Repros Therapeutics Inc., a development stage biopharmaceutical company, focused on the development of new drugs to treat hormonal and reproductive system disorders. It is developing Androxal, an oral therapy that normalizes testicular function for the treatment of low testosterone due to secondary hypogonadism.
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