eGain Communications Corp. (Nasdaq:EGAN) announced that Eric Smit , Chief Financial Officer, will present at the Security Research Associates 7th Annual Fall Growth Stock Conference on Tuesday, November 15th at 3:00 p.m. Pacific time . The conference is being held at Le Meridien Hotel in San Francisco, CA.
eGain Communications Corporation engages in the development, licensing, implementation, and support of customer service infrastructure software solutions worldwide.
Cleantech Transit Inc (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 (www.phoenixenergy.net). This project could benefit the Company’s manufacturing clients worldwide.
Cleantech Transit, Inc. (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 is currently the most important source of energy for the majority of human beings. From a total energy use standpoint, however, biomass provides a relatively small percentage of the world’s current energy needs. Most of the total energy use is found in the more developed countries, not in the regions with large populations. Biomass has the potential to provide a much greater share of the world’s energy, particularly in the USA.
For more information about CLNO, visit www.cleantechtransitinc.com
Ubiquiti Networks, Inc (Nasdaq:UBNT) announced results for the first quarter of fiscal 2012. For the first quarter of fiscal 2012, Ubiquiti reported revenue of $79.2 million, an increase of 132% compared to revenues of $34.1 million for the same period in the prior year. For the first quarter of fiscal 2012, GAAP net income was $21.5 million, an increase of 184% compared to GAAP net income of $7.6 million for the same period in the prior year.
Ubiquiti Networks, Inc., together with its wholly owned subsidiaries, offers a portfolio of wireless networking products and solutions. Its portfolio of radios provides a flexible platform for network operators and service providers that allow them to customize solutions for their specific network requirements.
Giga-tronics Inc. (Nasdaq:GIGA) announced that it has closed on the previously announced investment from Alara Capital AVI II, LLC for $2.2 Million.
Giga-tronics Incorporated, together with its subsidiary, Microsource Incorporated, designs, manufactures, and markets a range of test and measurement equipment for use in the development, testing, and maintenance of wireless communications products and systems, flight navigational equipment, electronic defense systems, and automatic testing systems.
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