QAD Inc. (NASDAQ:QADA)
QAD Inc. reported financial results for the fiscal 2012 second quarter ended July 31, 2011. QADA total revenue grew 21 percent to $62.0 million for the second quarter of fiscal 2012, compared with $51.3 million for the second quarter of fiscal 2011.
QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life science products. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time.
For more info about QAD Inc. visit http://www.qad.com/erp/
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. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech 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 it! s intere st in the Merced Project as they move ahead.
The best way to define biomass fuel is that it is the heat and power produced when biomatter goes through gasification, combustion, alcohol fermentation or gas capture. Processing biomass can produce biofuel like alcohol fuel and methane gas. These can be used to power engines and produce thermal energy for cooking. There are different ways on how to process biomatter and that includes thermal, chemical and biochemical conversion. These methods change biomass materials chemically so that it can be easily used in generating alternative energy.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
e-Future Information Technology Inc. (Nasdaq:EFUT) announced its unaudited financial results for the second quarter ended June 30, 2011. Total revenue decreased 21% year-over-year to RMB26.7 million (US$4.1 million). Gross profit decreased 44% year-over-year to RMB8.4 million (US$1.3 million). Adjusted EBITDA was minus RMB2.6 million (minus US$0.4 million), compared to RMB3.4 million in the second quarter 2010. Operating loss was RMB7.1 million (US$1.1 million), compared to an operating loss of RMB2.0 million in the second quarter 2010.
eFuture Information Technology Inc. provides integrated software and services to retail and consumer goods industries in the People’s Republic of China.
EDAP TMS SA (Nasdaq:EDAP) announced that its development partnership has been awarded a EUR 2.4 million grant for further development of Ablatherm-HIFU technology to incorporate improved imaging and diagnostic techniques in line with the focal therapy approach for treating localized prostate cancer.
EDAP TMS S.A., through its subsidiaries, engages in the development, manufacture, and marketing of minimally invasive medical devices primarily for urological diseases. The company operates in two divisions, High Intensity Focused Ultrasound (HIFU), and Urology Devices and S! ervices (UDS).
Rocky Mountain Chocolate Factory Inc. (Nasdaq:RMCF) announced that its Board of Directors has declared a second quarter cash dividend of $0.10 per common share outstanding. The cash dividend will be payable September 16, 2011 to shareholders of record at the close of business on September 6, 2011.
Rocky Mountain Chocolate Factory, Inc. operates as a franchiser, confectionery manufacturer, and retail operator. It offers a range of chocolate candies and confectionery products.
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