DigitalGlobe Commemorates IPO, First Day of Trading on NYSE NYSE Euronext Leads Global IPO Markets in 2009, with $1.63 billion in Total Proceeds
NYSE Lists 100% of Qualified Domestic IPOs Year-To-Date
NEW YORK--May 14 2009 --DigitalGlobe,(DGI) a leading earth imaging and information company based in Longmont, Colo., today opened for trading on the New York Stock Exchange under the ticker symbol “DGI” after its successful initial public offering in which it raised $279.3 million in gross proceeds. DigitalGlobe is the fourth IPO by a U.S. company to list on the New York Stock Exchange this year.
“As a leading source of imagery products to government and commercial markets, DigitalGlobe is a fitting addition to the world’s leading marketplace for technology-based companies,” said Scott R. Cutler, NYSE Euronext EVP and Head of Listings, Americas. “We congratulate DigitalGlobe on the successful completion of its IPO and look forward to a beneficial and lasting partnership with the company and its shareholders.”
DigitalGlobe is the fourth domestic initial public offering to begin trading on the New York Stock Exchange this year following Mead Johnson Nutrition Company (NYSE: MJN), which raised $828 million in proceeds; Rosetta Stone (NYSE: RST), which raised $129 million in proceeds, and Bridgepoint Education (NYSE: BPI), which raised $163 million in proceeds.
Year-to-date, companies raised more capital on NYSE Euronext markets through IPOs than any other exchange in the world, with a total of $1.630 billion in proceeds from ten IPOs. The New York Stock Exchange also leads the domestic IPO market in 2009, listing 100 percent of initial public offerings qualified to list on its market.
ABOUT DIGITALGLOBE:
Longmont, Colorado-based DigitalGlobe (http://www.digitalglobe.com) is a leading global provider of commercial high resolution world imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management as well as internet portals and navigation technology.
Our products and services provide customers and end users with up-to-date and historical earth imagery, enabling them to efficiently map, monitor, analyze and navigate the physical world. Our two high-resolution imagery satellites offer among the highest collection rates and resolution, and are capable of collecting nearly 1 million square kilometers per day. Upon the launch of WorldView-2, our third satellite, in September or early October 2009, our total collection capabilities are expected to increase to nearly 2 million square kilometers per day, with intra-day visits to those places of greatest interest to our customers.
Imagery is added daily to our ImageLibrary, which currently houses over 600 million square kilometers of high resolution earth imagery, an area greater than four times the earth’s land mass. We believe our ImageLibrary is currently the largest, most-up-to-date imagery source commercially available. With our comprehensive imagery collection and products, we offer a range of on- and off-line products and services designed to enable customers to easily access and integrate our imagery into their business operations and applications.
DigitalGlobe is a registered trademark of DigitalGlobe.
About NYSE Euronext
NYSE Euronext (NYX) is the world’s most diverse exchange group, offering a broad and growing array of financial products and services in Europe and the United States that include cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions. With over 8,000 listed issues globally, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca, and NYSE Amex -- represent nearly 40% of the world's cash equities trading volume, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world’s second largest derivatives business by value of trading. NYSE Euronext offers comprehensive global commercial technology, connectivity, and market data products and services through its innovative trading solutions unit, NYSE Technologies. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit: www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2008 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 2008 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
Contacts NYSE EuronextJudy Shaw, 212-656-4290jshaw@nyx.com
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Thursday, May 14, 2009
Wednesday, May 13, 2009
Defense Company - Optex Systems Holdings, Inc (OTC BB: OPXS)Reports Fiscal Second Quarter Financial Results
Defense Company - Optex Systems Holdings, Inc (OTC BB: OPXS)Reports Fiscal Second Quarter Financial Results
RICHARDSON, TX -- May 13, 2009 -- Optex Systems Holdings, Inc. (Optex) (OTC BB: OPXS.OB), a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, today announced financial results for the Company's fiscal second quarter ended March 29, 2009.
For the quarter ended March 29, 2009, the Company recorded increased revenues of $6,708,286, as compared to revenues during the same period one year ago of $5,628,115, an increase of approximately 19.6%. This increase in revenue was primarily due to improved order flow from its primary customers, including the U.S. Government.
During the quarter ended March 29, 2009, the Company recorded cost of goods sold of $6,151,915 compared to $5,026,005 during the quarter ended March 30, 2008, an increase of $1.2 million or 24.0%. This increase in cost of goods sold was primarily due to increased revenue on its periscope lines in support of higher backlog and accelerated delivery schedules, in addition to increased intangible amortization associated with the acquisition of the assets of Optex Systems, Inc. (Texas) from Irvine Sensors Corp. on October 14, 2008. The gross margin during the quarter ended March 29, 2009 was 8.3% of revenues as compared to a gross margin of 10.7% during the quarter ended March 30, 2008. Product gross margins are substantially improved over the prior year quarter due to changes in revenue mix combined with significant labor cost efficiency improvements, however this margin increase is offset by higher non-cash intangible amortization attributable to costs of goods sold of approximately $400,000 or 5.3% of revenues in the quarter resulting in the decrease. Excluding the non-cash intangible amortization, gross margins for the quarter ended March 29, 2009 would have increased to 13.6%.
The company recorded a loss before other expenses and taxes of $(148,624) compared to a loss before other expenses and taxes of $(628,526) during the year ago period, an improvement of 83%. This reduced loss before other expenses and taxes was primarily due to increased sales revenue in the quarter combined with reductions in general and administrative expenses driven by the elimination of Irvine Sensors corporate costs and associated overhead.
Net loss for the quarter was of $(326,545) compared to $(678,389) during the year ago period, an improvement of over 51%. This decrease in net loss was principally the result of a reduction in operating expenses related to the elimination of Irvine Sensors corporate costs and associated overhead in the three months ended March 30, 2008, combined with increased revenue during the quarter. Excluding the impact of the increased intangible expenses of $400,000 the Company would have recorded net income of $70,000 for the three months ended March 29, 2009. Loss before taxes was $(239,881) against loss before taxes of $(678,389) last year. Basic and diluted loss per share was $0.00 against $0.00 versus the same period last year. The company reported operational net cash flow of $447,572 as compared to $328,458 during the year ago period, a 36% increase. As of March 29, 2009, the Company had cash and cash equivalents of $1.2 million.
Danny Schoening, COO of Optex Systems, commented, "We are pleased to report record results for the first time as a publicly-traded company for our fiscal second quarter in 2009. Optex enjoys a solid business model built on consistent order flow from the U.S. Government and other key customers. During the quarter we were able to grow revenues nearly 20% year over year as a result of ramped up production and accelerated shipments to existing customers." Mr. Schoening continued, "It is also important to note we made significant strides in improving our productivity during the quarter. These efforts resulted in a 27% increase in product gross margins during the quarter, excluding the amortization of non-cash intangible items."
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas-based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Advanced Security Vehicles and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
Safe Harbor Statement
This Press Release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.
The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.
Contact:
Howard Gostfrand
American Capital Ventures
(p) 305.918.7000
(e) Email Contact
Source: Optex Systems
Optex Systems Holdings Inc. (OTCBB:OPXS) is a featured defense stock and showcase company on Investor Ideas defense investor portals, Homelandefensestocks.com, BorderandPortsecurity.com and http://www.nationalhomelandsecurityknowledgebase.com/
Disclaimer/Discloscure: click here
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RICHARDSON, TX -- May 13, 2009 -- Optex Systems Holdings, Inc. (Optex) (OTC BB: OPXS.OB), a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, today announced financial results for the Company's fiscal second quarter ended March 29, 2009.
For the quarter ended March 29, 2009, the Company recorded increased revenues of $6,708,286, as compared to revenues during the same period one year ago of $5,628,115, an increase of approximately 19.6%. This increase in revenue was primarily due to improved order flow from its primary customers, including the U.S. Government.
During the quarter ended March 29, 2009, the Company recorded cost of goods sold of $6,151,915 compared to $5,026,005 during the quarter ended March 30, 2008, an increase of $1.2 million or 24.0%. This increase in cost of goods sold was primarily due to increased revenue on its periscope lines in support of higher backlog and accelerated delivery schedules, in addition to increased intangible amortization associated with the acquisition of the assets of Optex Systems, Inc. (Texas) from Irvine Sensors Corp. on October 14, 2008. The gross margin during the quarter ended March 29, 2009 was 8.3% of revenues as compared to a gross margin of 10.7% during the quarter ended March 30, 2008. Product gross margins are substantially improved over the prior year quarter due to changes in revenue mix combined with significant labor cost efficiency improvements, however this margin increase is offset by higher non-cash intangible amortization attributable to costs of goods sold of approximately $400,000 or 5.3% of revenues in the quarter resulting in the decrease. Excluding the non-cash intangible amortization, gross margins for the quarter ended March 29, 2009 would have increased to 13.6%.
The company recorded a loss before other expenses and taxes of $(148,624) compared to a loss before other expenses and taxes of $(628,526) during the year ago period, an improvement of 83%. This reduced loss before other expenses and taxes was primarily due to increased sales revenue in the quarter combined with reductions in general and administrative expenses driven by the elimination of Irvine Sensors corporate costs and associated overhead.
Net loss for the quarter was of $(326,545) compared to $(678,389) during the year ago period, an improvement of over 51%. This decrease in net loss was principally the result of a reduction in operating expenses related to the elimination of Irvine Sensors corporate costs and associated overhead in the three months ended March 30, 2008, combined with increased revenue during the quarter. Excluding the impact of the increased intangible expenses of $400,000 the Company would have recorded net income of $70,000 for the three months ended March 29, 2009. Loss before taxes was $(239,881) against loss before taxes of $(678,389) last year. Basic and diluted loss per share was $0.00 against $0.00 versus the same period last year. The company reported operational net cash flow of $447,572 as compared to $328,458 during the year ago period, a 36% increase. As of March 29, 2009, the Company had cash and cash equivalents of $1.2 million.
Danny Schoening, COO of Optex Systems, commented, "We are pleased to report record results for the first time as a publicly-traded company for our fiscal second quarter in 2009. Optex enjoys a solid business model built on consistent order flow from the U.S. Government and other key customers. During the quarter we were able to grow revenues nearly 20% year over year as a result of ramped up production and accelerated shipments to existing customers." Mr. Schoening continued, "It is also important to note we made significant strides in improving our productivity during the quarter. These efforts resulted in a 27% increase in product gross margins during the quarter, excluding the amortization of non-cash intangible items."
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas-based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Advanced Security Vehicles and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
Safe Harbor Statement
This Press Release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.
The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.
Contact:
Howard Gostfrand
American Capital Ventures
(p) 305.918.7000
(e) Email Contact
Source: Optex Systems
Optex Systems Holdings Inc. (OTCBB:OPXS) is a featured defense stock and showcase company on Investor Ideas defense investor portals, Homelandefensestocks.com, BorderandPortsecurity.com and http://www.nationalhomelandsecurityknowledgebase.com/
Disclaimer/Discloscure: click here
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Monday, May 11, 2009
NHSK Defense Industry News and Stock News Now on Twitter.com
NHSK Defense Industry News and Stock News Now on Twitter.com
NHSK Aerospace & Defense Industry News Update
POINT ROBERTS, WA; May 11, 2009, 2009- The National Homeland Security Knowledgebase, www.NationalHomelandSecurityKnowledgebase.com (NHSK), a leading defense and Homeland Security website announces its news release submission services and distribution for the aerospace and defense industry, for publicly traded and private companies.
Defense news is featured on the NHSK Security and Defence News RSS Feed, NHSK Home page and resource page and to the site’s one million unique visitors per month, specific to the sector.
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NHSK Aerospace & Defense Industry News Update
POINT ROBERTS, WA; May 11, 2009, 2009- The National Homeland Security Knowledgebase, www.NationalHomelandSecurityKnowledgebase.com (NHSK), a leading defense and Homeland Security website announces its news release submission services and distribution for the aerospace and defense industry, for publicly traded and private companies.
Defense news is featured on the NHSK Security and Defence News RSS Feed, NHSK Home page and resource page and to the site’s one million unique visitors per month, specific to the sector.
Additionally the site news is also updated on Twitter.com. Follow NHSK Defense News on Twitter.com at: http://twitter.com/NHSKDefenseNews
Public and private defense and security companies can submit news and press releases to targeted industry and investing professionals. Submit news here: http://www.nationalhomelandsecurityknowledgebase.com/news_submit/submit_news.htm
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The NHSK site content includes Homeland Security information resources, news, investment research, links, resources and articles on Homeland Security and defense related topics as well as the "Homeland Security Advisory System Alert".
The National Homeland Security Knowledgebase domains: www.NationalHomelandSecurityKnowledgebase.com, www.HomelandSecurityKnowledgebase.com, www.TwoTigersOnline.com/resources.html
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About The National Homeland Security Knowledgebase (NHSK) (http://www.NationalHomelandSecurityKnowledgebase.com) is owned by www.HomelandDefenseStocks.com (HDS), a global investor and industry news and research portal for Homeland Security stocks and the Homeland Security sector.
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About Homelanddefensestocks.com- HomelandDefenseStocks.com Portal is a global meeting place for investors and industry following defense and security, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and stock directories.
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Optex Systems (OTC BB: OPXS.OB) Awarded Multi Million Dollar U.S. Army Contract, Laser Protected Periscope Contract Could Reach $7.5 Million
Optex Systems (OTC BB: OPXS.OB) Awarded Multi Million Dollar U.S. Army Contract, Laser Protected Periscope Contract Could Reach $7.5 Million
RICHARDSON, TX -- May 11, 2009 -- Optex Systems (Optex) (OTC BB: OPXS.OB), a wholly owned subsidiary of Optex Systems Holdings, Inc., a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, announced today it has been awarded a multi-year contract and first delivery order from the U.S. Army's Tank-Automotive and Armaments Command (TACOM) division, which, if all delivery orders are awarded, could be valued at approximately $7.5 million. Under terms of the agreement, Optex Systems will deliver a range of technologically advanced laser protected periscopes.
The U.S. Army's TACOM division is one of the Army's largest weapon systems research, development, and sustainment organizations. Their mission is to provide and sustain mobility, lethality, and survivability for soldiers, other services, and our Allies through ground combat, automotive, marine and armaments technologies. With a workforce of over 18,000 worldwide, TACOM supports over 3,500 fielded systems and over 29,000 components that make those systems work. Specifically, TACOM's Rock Island's office, through which the award was granted, is responsible for the entire life cycle support of aircraft armament, small arms, field artillery, mortars, tools and training systems, tactical vehicles, light and heavy combat vehicles, watercraft, soldier/biological/chemical systems and deployment/support equipment.
Danny Schoening, COO of Optex Systems, commented, "Our entire organization is very excited about being awarded this multi-year contract by the U.S. Army's TACOM division. It's a testament to our dedication of providing superior mission critical components for the men and women in uniform who perform their jobs at the highest level of dependability and survivability." Mr. Schoening continued, "We have fulfilled the first phase of the order and have begun shipment of various types of our laser protected periscopes to TACOM. We look forward to further developing our relationship with TACOM."
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas-based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Advanced Security Vehicles and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
Safe Harbor Statement
This Press Release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.
The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.
Contact:
Howard Gostfrand
American Capital Ventures
(p) 305.918.7000
(e) Email Contact
Optex Systems Holdings Inc. (OTCBB:OPXS) is a featured defense stock and showcase company on Investor Ideas defense investor portals, Homelandefensestocks.com, BorderandPortsecurity.com and http://www.nationalhomelandsecurityknowledgebase.com/
Disclaimer/Discloscure: click here
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Visit Optex Systems Holdings Inc. (OTCBB:OPXS) Company Profile click here
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RICHARDSON, TX -- May 11, 2009 -- Optex Systems (Optex) (OTC BB: OPXS.OB), a wholly owned subsidiary of Optex Systems Holdings, Inc., a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, announced today it has been awarded a multi-year contract and first delivery order from the U.S. Army's Tank-Automotive and Armaments Command (TACOM) division, which, if all delivery orders are awarded, could be valued at approximately $7.5 million. Under terms of the agreement, Optex Systems will deliver a range of technologically advanced laser protected periscopes.
The U.S. Army's TACOM division is one of the Army's largest weapon systems research, development, and sustainment organizations. Their mission is to provide and sustain mobility, lethality, and survivability for soldiers, other services, and our Allies through ground combat, automotive, marine and armaments technologies. With a workforce of over 18,000 worldwide, TACOM supports over 3,500 fielded systems and over 29,000 components that make those systems work. Specifically, TACOM's Rock Island's office, through which the award was granted, is responsible for the entire life cycle support of aircraft armament, small arms, field artillery, mortars, tools and training systems, tactical vehicles, light and heavy combat vehicles, watercraft, soldier/biological/chemical systems and deployment/support equipment.
Danny Schoening, COO of Optex Systems, commented, "Our entire organization is very excited about being awarded this multi-year contract by the U.S. Army's TACOM division. It's a testament to our dedication of providing superior mission critical components for the men and women in uniform who perform their jobs at the highest level of dependability and survivability." Mr. Schoening continued, "We have fulfilled the first phase of the order and have begun shipment of various types of our laser protected periscopes to TACOM. We look forward to further developing our relationship with TACOM."
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas-based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Advanced Security Vehicles and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
Safe Harbor Statement
This Press Release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.
The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.
Contact:
Howard Gostfrand
American Capital Ventures
(p) 305.918.7000
(e) Email Contact
Optex Systems Holdings Inc. (OTCBB:OPXS) is a featured defense stock and showcase company on Investor Ideas defense investor portals, Homelandefensestocks.com, BorderandPortsecurity.com and http://www.nationalhomelandsecurityknowledgebase.com/
Disclaimer/Discloscure: click here
Research Global Defense stocks with the defense stocks directory: click here
Visit Optex Systems Holdings Inc. (OTCBB:OPXS) Company Profile click here
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Friday, May 8, 2009
Defense Stocks Sector Close-Up; Defense Stocks Up Following $534 Billion Budget Details
Defense Stocks Sector Close-Up; Defense Stocks Up Following $534 Billion Budget Details
POINT ROBERTS, Wash., –May 8, 2009 – www.HomelandDefenseStocks.com, a leading global investor and industry portal for the defense and security sector, within Investorideas.com, presents a sector close-up on defense stocks trading, May 8th, following Thursday’s release of the $534 billion defense budget details, with an additional $130 billion for overseas operations.
Defense stocks trading May 8, 2009:
Alliant Techsystems Inc. (NYSE:ATK) trading at $86.59, up $ 0.75 (0.87%) 11:04am ET
Boeing Co., (NYSE: BA) trading at $45.27, up $1.74 (4.00%) 11:05am ET
General Dynamics Co (NYSE: GD) trading at $54.36, up 0.70 (1.30%) 11:06am ET
Honeywell International Inc. (NYSE:HON) trading at $34.07, up 0.96 (2.90%) 11:07am ET
L-3 Communications (NYSE: LLL ) trading at $78.36, up $ 1.32 (1.71%) 11:15am ET
Lockheed Martin Corporation (NYSE:LMT) trading at $80.87, gains of $1.19 (1.49%) 11:17am ET
Northrop Grumman Corporation (NYSE:NOC) trading at $49.67, up $ 0.83 (1.70%) 11:18am ET
Optex Systems Holdings, Inc. (OTCBB: OPXS) trading range of $0.29- $0.35
Raytheon Company (NYSE: RTN ) trading at $47.86, up $ 0.39 (0.82%) 11:19am ET
Recent Defense Article:
Defense Budget Winners and Losers:
http://www.investorideas.com/News/050609a.asp
Cramer: Own Defense Stocks
Jim Cramer reveals his favorite defense stock and why this sector can make you money
Fri 05/08/09 - Jim Cramer & Alix Steel
Stocks in this video: RTN, NOC LMT, GD, BA, ATK
Watch video:
http://www.thestreet.com/_yahoo/video/10498056/cramer-own-defense-stocks.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA&s=1#22517597001
To research more defense stocks:
Homeland Security and Defense Stocks Directory:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Free Defense Stocks Newsletter Sign-up:
http://www.twotigersonline.com/newsletter.html
Showcase Defense Company:
Optex Systems Holdings, Inc., (OTCBB: OPXS) through its wholly-owned subsidiary, Optex Systems, Inc. manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles and have been selected for installation on the Future Combat Systems (FCS) Stryker vehicle. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors.
Read the full company profile:
Visit Optex Systems Holdings, Inc. (OTCBB: OPXS) Company Profile: http://www.investorideas.com/CO/OPTEX/
About Homelanddefensestocks.com- HomelandDefenseStocks.com Portal is a global meeting place for investors and industry following defense and security, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and stock directories.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Investorideas.com Membership – Defense stocks directory access and investor research tool
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory, water stocks, biotech and defense stocks directory, as well as the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com -Learn more: http://www.investorideas.com/membership/
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Our sites do not make recommendations, but offer information portals to investors to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of any information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is compensated by featured companies, news submissions and online advertising. OPXS Disclosure: Optex is a featured showcase company and compensates Investorideas.com $3000 month and sixty two thousand 144 shares issued quarterly.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, Investor Ideas
POINT ROBERTS, Wash., –May 8, 2009 – www.HomelandDefenseStocks.com, a leading global investor and industry portal for the defense and security sector, within Investorideas.com, presents a sector close-up on defense stocks trading, May 8th, following Thursday’s release of the $534 billion defense budget details, with an additional $130 billion for overseas operations.
Defense stocks trading May 8, 2009:
Alliant Techsystems Inc. (NYSE:ATK) trading at $86.59, up $ 0.75 (0.87%) 11:04am ET
Boeing Co., (NYSE: BA) trading at $45.27, up $1.74 (4.00%) 11:05am ET
General Dynamics Co (NYSE: GD) trading at $54.36, up 0.70 (1.30%) 11:06am ET
Honeywell International Inc. (NYSE:HON) trading at $34.07, up 0.96 (2.90%) 11:07am ET
L-3 Communications (NYSE: LLL ) trading at $78.36, up $ 1.32 (1.71%) 11:15am ET
Lockheed Martin Corporation (NYSE:LMT) trading at $80.87, gains of $1.19 (1.49%) 11:17am ET
Northrop Grumman Corporation (NYSE:NOC) trading at $49.67, up $ 0.83 (1.70%) 11:18am ET
Optex Systems Holdings, Inc. (OTCBB: OPXS) trading range of $0.29- $0.35
Raytheon Company (NYSE: RTN ) trading at $47.86, up $ 0.39 (0.82%) 11:19am ET
Recent Defense Article:
Defense Budget Winners and Losers:
http://www.investorideas.com/News/050609a.asp
Cramer: Own Defense Stocks
Jim Cramer reveals his favorite defense stock and why this sector can make you money
Fri 05/08/09 - Jim Cramer & Alix Steel
Stocks in this video: RTN, NOC LMT, GD, BA, ATK
Watch video:
http://www.thestreet.com/_yahoo/video/10498056/cramer-own-defense-stocks.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA&s=1#22517597001
To research more defense stocks:
Homeland Security and Defense Stocks Directory:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Free Defense Stocks Newsletter Sign-up:
http://www.twotigersonline.com/newsletter.html
Showcase Defense Company:
Optex Systems Holdings, Inc., (OTCBB: OPXS) through its wholly-owned subsidiary, Optex Systems, Inc. manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles and have been selected for installation on the Future Combat Systems (FCS) Stryker vehicle. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors.
Read the full company profile:
Visit Optex Systems Holdings, Inc. (OTCBB: OPXS) Company Profile: http://www.investorideas.com/CO/OPTEX/
About Homelanddefensestocks.com- HomelandDefenseStocks.com Portal is a global meeting place for investors and industry following defense and security, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and stock directories.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Investorideas.com Membership – Defense stocks directory access and investor research tool
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory, water stocks, biotech and defense stocks directory, as well as the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com -Learn more: http://www.investorideas.com/membership/
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Our sites do not make recommendations, but offer information portals to investors to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of any information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is compensated by featured companies, news submissions and online advertising. OPXS Disclosure: Optex is a featured showcase company and compensates Investorideas.com $3000 month and sixty two thousand 144 shares issued quarterly.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, Investor Ideas
Cramer: Own Defense Stocks
Cramer: Own Defense StocksJim Cramer reveals his favorite defense stock and why this sector can make you money
Fri 05/08/09 -- Jim Cramer & Alix Steel
Stocks in this video: RTN NOC LMT GD BA ATK
watch video
http://www.thestreet.com/_yahoo/video/10498056/cramer-own-defense-stocks.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA&s=1#22517597001
Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Fri 05/08/09 -- Jim Cramer & Alix Steel
Stocks in this video: RTN NOC LMT GD BA ATK
watch video
http://www.thestreet.com/_yahoo/video/10498056/cramer-own-defense-stocks.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA&s=1#22517597001
Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Thursday, May 7, 2009
Analogic Corporation Receives $16 Million Order for Its Aviation Security Systems
Analogic Corporation Receives $16 Million Order for Its Aviation Security Systems
PEABODY, Mass.--May 7 2009 --Analogic Corporation (NASDAQ: ALOG) announced today that it has received an order from L-3 Security & Detection Systems for Explosives Detection Systems (EDSs) valued at approximately $16.1 million. The order includes eXaminer® 3DX systems as well as eXaminer SX systems, recently certified by the Transportation Security Administration (TSA).
Peter Cempellin, Vice President and General Manager of Analogic’s Security Systems Division, said, “This order signifies the strong position the eXaminer 3DX still has in the marketplace. In addition, this is the first order for our new eXaminer SX, which was certified by the TSA in January of this year. The eXaminer SX provides industry leading computed tomography (CT) technology in a smaller footprint, giving smaller airports affordable, advanced explosives detection capability. First commercial shipments, which will begin this June, are destined for airports worldwide.”
The adaptable, streamlined eXaminer SX is suitable for airport lobbies and baggage make-up areas and can also be fully integrated with baggage handling systems. The lower cost eXaminer SX provides the same proven detection capabilities as the larger eXaminer 3DX in a lighter, more compact frame. The system is available in three configurations: in-line, partially integrated, and standalone.
Both the eXaminer 3DX and eXaminer SX systems use 3-D Continuous-Flow CT technology and generate high-resolution 3-D color images in real time. The eXaminer systems also enable 360-degree rotational views of the entire bag and its contents, and provide continuous automatic detection of explosives.
About Analogic
Analogic Corporation is a leading designer and manufacturer of advanced health and security systems and subsystems sold primarily to original equipment manufacturers (OEMs). The Company is recognized worldwide for advancing the state of the art in Automatic Explosives Detection, computed tomography (CT), digital radiography (DR), ultrasound, magnetic resonance imaging (MRI), patient monitoring, and advanced signal processing. For more information, visit www.analogic.com.
About L-3 Security & Detection Systems
With a broad range of systems and technology, and an installed base of more than 20,000 systems worldwide, L-3 Security & Detection Systems offers screening technologies for numerous security applications that include: aviation systems for hold-baggage explosives detection, oversized baggage, and checkpoint screening; cargo and air freight screening; port and border inspection; and facility protection. L-3 Security & Detection Systems’ customer base includes major airlines, airports, numerous government agencies around the world (including the U.S. Department of Homeland Security, U.S. Federal Protective Service, U.S. Customs and Border Protection, U.S. Department of State, and U.S. Department of Agriculture) and international authorities throughout Europe, the Middle East, Africa, Asia and Latin America. To learn more about L-3 Communications Security & Detection Systems, please visit the company’s Web site at www.L-3com.com/SDS.
About L-3 Communications
Headquartered in New York City, L-3 Communications employs approximately 65,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2008 sales of $14.9 billion. To learn more about L-3, please visit the company’s Web site at www.L-3com.com.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the Company’s Safe Harbor Compliance Statement for Forward-looking Statements included in the Company’s recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update these forward-looking statements.
Contacts Analogic CorporationMark Namaroff, 978-326-4058Director of Strategic Marketingand Investor Relationsmnamaroff@analogic.com
Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
PEABODY, Mass.--May 7 2009 --Analogic Corporation (NASDAQ: ALOG) announced today that it has received an order from L-3 Security & Detection Systems for Explosives Detection Systems (EDSs) valued at approximately $16.1 million. The order includes eXaminer® 3DX systems as well as eXaminer SX systems, recently certified by the Transportation Security Administration (TSA).
Peter Cempellin, Vice President and General Manager of Analogic’s Security Systems Division, said, “This order signifies the strong position the eXaminer 3DX still has in the marketplace. In addition, this is the first order for our new eXaminer SX, which was certified by the TSA in January of this year. The eXaminer SX provides industry leading computed tomography (CT) technology in a smaller footprint, giving smaller airports affordable, advanced explosives detection capability. First commercial shipments, which will begin this June, are destined for airports worldwide.”
The adaptable, streamlined eXaminer SX is suitable for airport lobbies and baggage make-up areas and can also be fully integrated with baggage handling systems. The lower cost eXaminer SX provides the same proven detection capabilities as the larger eXaminer 3DX in a lighter, more compact frame. The system is available in three configurations: in-line, partially integrated, and standalone.
Both the eXaminer 3DX and eXaminer SX systems use 3-D Continuous-Flow CT technology and generate high-resolution 3-D color images in real time. The eXaminer systems also enable 360-degree rotational views of the entire bag and its contents, and provide continuous automatic detection of explosives.
About Analogic
Analogic Corporation is a leading designer and manufacturer of advanced health and security systems and subsystems sold primarily to original equipment manufacturers (OEMs). The Company is recognized worldwide for advancing the state of the art in Automatic Explosives Detection, computed tomography (CT), digital radiography (DR), ultrasound, magnetic resonance imaging (MRI), patient monitoring, and advanced signal processing. For more information, visit www.analogic.com.
About L-3 Security & Detection Systems
With a broad range of systems and technology, and an installed base of more than 20,000 systems worldwide, L-3 Security & Detection Systems offers screening technologies for numerous security applications that include: aviation systems for hold-baggage explosives detection, oversized baggage, and checkpoint screening; cargo and air freight screening; port and border inspection; and facility protection. L-3 Security & Detection Systems’ customer base includes major airlines, airports, numerous government agencies around the world (including the U.S. Department of Homeland Security, U.S. Federal Protective Service, U.S. Customs and Border Protection, U.S. Department of State, and U.S. Department of Agriculture) and international authorities throughout Europe, the Middle East, Africa, Asia and Latin America. To learn more about L-3 Communications Security & Detection Systems, please visit the company’s Web site at www.L-3com.com/SDS.
About L-3 Communications
Headquartered in New York City, L-3 Communications employs approximately 65,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2008 sales of $14.9 billion. To learn more about L-3, please visit the company’s Web site at www.L-3com.com.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the Company’s Safe Harbor Compliance Statement for Forward-looking Statements included in the Company’s recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update these forward-looking statements.
Contacts Analogic CorporationMark Namaroff, 978-326-4058Director of Strategic Marketingand Investor Relationsmnamaroff@analogic.com
Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
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