IPG Photonics Corporation (NASDAQ: IPGP)
IPG Photonics Corporation (NASDAQ: IPGP) reported today financial results for the fourth quarter and fiscal year ended December 31, 2011. In the fourth quarter of 2011, the Company’s revenues increased 22% compared with a strong fourth quarter of 2010. The Company’s revenues for the year increased 59% and net income more than doubled.
IPGP is the world leader in high-power fiber lasers and amplifiers. Founded in 1990, IPG pioneered the development and commercialization of optical fiber-based lasers for use in a wide range of applications such as materials processing, advanced, telecommunications and medical. Fiber lasers have revolutionized the industry by delivering superior performance, reliability and usability at a lower total cost of ownership compared with conventional lasers, allowing end users to increase productivity and decrease operating costs. IPG has its headquarters in Oxford, Massachusetts, and has additional plants and offices throughout the world.
For more information about IPGP please visit http://www.ipgphotonics.com
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A123 Systems, Inc. (NASDAQ: AONE)
A123 Systems, Inc. (NASDAQ: AONE) announced today that it will supply six Grid Battery Systems(TM) (GBSs) to Northern Powergrid, an electricity distribution network operator that delivers power to more than 3.8 million customers in the U.K. The GBSs will be designed for peak-load shifting and to manage fluctuations in voltage on the U.K.’s power grid. Expected to be operational by the end of 2012, the systems will be deployed as part of the Customer-Led Network Revolution (CLNR), the U.K.’s largest smart grid project funded through the Office of the Gas and Electricity Markets’ (Ofgem) Low Carbon Networks Fund.
AONE is a leading developer and manufacturer of advanced lithium-ion batteries and energy storage systems for transportation, electric grid and commercial applications. The company’s proprietary Nanophosphate(R) technology is built on novel nanoscale materials initially developed at the Massachusetts Institute of Technology and is designed to deliver high power and energy density, increased safety and extended life. A123 leverages breakthrough technology, high-quality manufacturing and expert systems integration capabilities to deliver innovative solutions that enable customers to bring next-generation products to market.
For more information about AONE please visit http://www.a123systems.com
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Crown Equity Holdings Inc. (CRWE.OB)
Crown Equity Holdings family consist of CRWE Domains, CRWE Real Estate, CRWE Tube, CRWE Newswire, Crown Teleservices, CRWE AD Services, CRWE Finance, CRWE Press Release, and CRWE Direct .
CRWEDirect, a subsidiary of Crown Equity Holdings Inc. (CRWE.OB) is empowering small to mid-sized businesses to search a world of suppliers and manufacturers to create a custom-fit relationships to make their business more successful. Buyers and sellers can register for free at CRWEDirect.com and get integrated immediately into the global business network with various advertising and marketing strategies at their disposal.
CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Crown Equity Holdings advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.
For more information about CRWE please visit http://www.crownequityholdings.com
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