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PennyPerformers.com: "Penny Stocks that Perform" picks are: Universal Detection Technology (UNDT.OB) Receives Order for Anthrax and Ricin Detection Equipment From Dubai-Based Firm
Apr 02, 2009 (M2 PRESSWIRE via COMTEX) --
Pennyperformers.com "Penny Stocks that Perform" picks are: Clean Energy Fuels Corp. (NASDAQ: CLNE), Hughes Network Systems, LLC (NASDAQ: HUGH), ICF International (NASDAQ: ICFI), Spectra Energy Corp (NYSE: SE), Universal Detection Technology (OTCBB: UNDT)...and Proudly Introducing Proprietary Push Technology (PPT).
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Apr 02, 2009 -- Clean Energy Fuels Corp. (NASDAQ: CLNE) announced strong support for the New Alternative Transportation to Give Americans Solutions (NAT GAS) Act introduced in Congress on Wednesday.
Seeking to accelerate the production and use of natural gas-fueled vehicles, the bi-partisan-sponsored legislation would greatly enhance alternative fuel tax credits for natural gas used as a vehicle fuel, for the purchase of natural gas-fueled vehicles, and for the installation of natural gas vehicle refueling properties. The bill would also encourage OEMs to produce dedicated natural gas and bi-fuel natural gas vehicles, and require federal government use of natural gas vehicles in a portion of its fleets.
"Worldwide, natural gas vehicle use is expanding dramatically. Natural gas vehicle solutions are no longer in the proof of concept stage, but rather are being rapidly adopted by many countries seeking to reduce petroleum use and improve the environment," said Andrew J. Littlefair, Clean Energy president and CEO. "The support by the federal government through this legislation can have a meaningful impact on how we as Americans manage our energy resources, swapping more expensive imported oil for less costly domestic natural gas -- an abundant, American transportation fuel."
Clean Energy is the leading provider of natural gas (CNG and LNG) for transportation in North America. It has a broad customer base in the refuse, transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets, fueling more than 15,000 vehicles daily at 176 strategic locations across the United States and Canada. Clean Energy owns and operates two LNG production plants, one in Willis, TX and one in Boron, CA, with combined capacity of 260,000 LNG gallons per day and designed to expand to 340,000 LNG gallons per day as demand increases. It also owns and operates a landfill gas facility in Dallas, TX that produces renewable methane gas or biogas for delivery in the nation's gas pipeline network.
April 02, 2009 -- Hughes Network Systems, LLC (NASDAQ: HUGH), the world's leading provider of broadband satellite networks and services today announced an agreement to develop and implement software that will power the satellite capability in SkyTerra's and TerreStar Network's next-generation integrated device chipsets. This software will enable the GMR1-3G satellite air interface standard to run side-by-side with cellular standards in a commercially available, software-defined radio (SDR) chipset being developed for SkyTerra and TerreStar Networks by Infineon Technologies AG.
With the software being developed by Hughes, a single SDR chip solution can be readily programmed to operate on a variety of cellular standards such as GSM, GPRS, EDGE, WCDMA, HSDPA, and HSUPA, while also providing satellite connectivity via the global GMR1-3G standard. This can revolutionize the cost, power, and size of satellite-enabled wireless handheld devices. SkyTerra and TerreStar both are developing landmark integrated satellite-terrestrial communications networks and services.
"We are excited to work with Hughes on the development of software to enable a single, integrated satellite-terrestrial chipset for burgeoning mass market cellular devices," said Drew Caplan, chief network officer for SkyTerra. "It opens the door to enable advanced generations of combined satellite and cellular devices that can operate on virtually all digital cellular standards globally, at low incremental cost."
Dennis Matheson, chief technology officer at TerreStar Networks, added, "The combination of GMR1-3G and terrestrial wireless on a single SDR platform, coupled with our existing development work, will enable a family of handsets that can operate throughout North America on our planned network. The added flexibility of the SDR technology will permit these devices to operate on today's standards, while ensuring an easy upgrade path for use on 4G networks."
"Hughes is proud to be associated with SkyTerra and TerreStar, both innovative mobile service providers, in developing the software for this integrated cellular phone chipset," said Graham Avis, vice president and general manager of mobile satellite terminals for Hughes. "We share in their vision to deliver universal wireless services to consumers and public safety markets utilizing the best of satellite and cellular technologies."
Hughes will be utilizing Infineon Technologies AG's X-GOLD(TM) series of SDR devices for the GMR1-3G technology platform.
About SkyTerra Communications
SkyTerra Communications (OTCBB: SKYT) delivers mobile wireless voice and data services primarily for public safety, security, fleet management and asset tracking in the U.S. and Canada. The company's next-generation integrated satellite-terrestrial communications network is expected to provide seamless, transparent and ubiquitous wireless coverage of the United States and Canada to conventional handsets. When completed, the network will support communications in a variety of market segments, including public safety, homeland security, telematics, transportation and entertainment, by providing a platform for interoperable, user-friendly and feature-rich voice and high-speed data services.
About TerreStar Networks Inc.
TerreStar Networks, a majority owned subsidiary of TerreStar Corporation (Nasdaq: TSTR), plans to offer a reliable and secure satellite terrestrial mobile broadband network that will provide voice, data and video services dedicated to helping solve the critical communication and business continuity challenges faced by government, emergency responders, enterprise businesses and rural communities. TerreStar expects to offer next generation mobile communications through a network of partners and service providers to users who need "anywhere" coverage throughout the United States and Canada.
About Hughes
Hughes Network Systems, LLC is the global leader in providing broadband satellite networks and services for large enterprises, governments, small businesses, and consumers. HughesNet(R) encompasses all broadband solutions and managed services from Hughes, bridging the best of satellite and terrestrial technologies. Its broadband satellite products are based on global standards approved by the TIA, ETSI and ITU standards organizations, including IPoS/DVB-S2, RSM-A and GMR-1. To date, Hughes has shipped more than 1.9 million systems to customers in over 100 countries.
Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes maintains sales and support offices worldwide. Hughes is a wholly owned subsidiary of Hughes Communications, Inc. (NASDAQ: HUGH).
Apr 02, 2009 -- In its recently released European Power and Carbon Outlook 2009-2030 (European Outlook), ICF International (NASDAQ: ICFI), a global leader in energy and environmental analysis, projects a sevenfold increase in the price of carbon dioxide (CO2) allowances by 2020, as compared to February 2009 levels, if the European Union (EU) is to meet its goal of reducing emissions by 30 percent between 1990 and 2020.
European Outlook examines the interrelated dynamics of the European power and carbon markets in light of the EU energy and climate legislative package voted in December 2008 and the current economic crisis. It is designed to help utilities, industrials, financial institutions, and other market participants make strategic operational and investment decisions based on long-term carbon and power market views. The study provides a comprehensive, integrated view of EU carbon prices, emissions, and sources of abatement. It also captures wholesale electricity prices, build mix, future capacity, and generation by region, between 2009 and 2030.
Reaching the ambitious target of procuring 20 percent of the EU's energy from renewable sources by 2020 will require investment in higher cost renewable energy, as well as investment in supporting energy infrastructure in order to move the energy to market. ICF's analysis shows that if the renewables target is missed, a portion of the costs of meeting CO2 targets will shift from renewable subsidies to electricity prices. Indeed, meeting 2020 targets will require substantial investments in gas-fired capacity, and later in carbon capture and storage. The cost of these investments, once factored into electricity prices, will cause them to double between 2010 and 2020.
"Participants in the EU ETS carry significant future exposure to whether or not renewable targets are met," commented Neil Cornelius, head of ICF's European energy markets. "In the case of the power sector, there is a very material impact on the viability of non-renewable investments and assets, so this goes to the heart of portfolio decisions."
"EU ETS participants should look beyond the current economic and credit crisis and adopt a long-term carbon market strategy that anticipates a sharp rise in demand for emission reductions over the next five years," adds Diane Simiu, carbon analyst. "Anyone going for the 'dash-for-cash' approach is in for a rude awakening when the carbon market picks up."
About ICF International
ICF International partners with government and commercial clients to deliver professional services and technology solutions in the energy and climate change; environment and infrastructure; health, human services, and social programs; and homeland security and defense markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from research and analysis through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,500 employees serve these clients worldwide.
April 2, 2009 -- Spectra Energy Corp (NYSE: SE) announced it will hold a conference call, hosted by Doug Bloom, president, Spectra Energy Transmission West, for analysts and investors on Monday, April 6, at 10:00 a.m. ET (9:00 a.m. CT). The topic of discussion is "Western Canada Transmission and Processing - A Western Canadian Growth Story," with Bloom providing an in-depth look into the company's three distinct businesses in Western Canada: gathering and processing, transmission, and natural gas liquids, and offering deeper insight into their impressive growth potential.
Participants can access the call by dialing (888) 252-3715 in the United States or Canada, or by dialing (706) 634-8942 outside the U.S. or Canada. The conference ID is 91908289. An audio replay will be available from April 6, 2009, to June 5, 2009, by dialing (800) 642-1687 or (706) 645-9291 with the same conference ID of 91908289.
The discussion also will be webcast and can be accessed via the Investors Section of Spectra Energy's Web site. A replay of the webcast will be available on the Web site following the event.
Spectra Energy Corp, a FORTUNE 500 company, is one of North America's premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage, and distribution. For nearly a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company operates in the United States and Canada approximately 18,300 miles of transmission pipeline, 270 billion cubic feet of storage, natural gas gathering and processing, natural gas liquids operations and local distribution assets. The company also has a 50 percent ownership in DCP Midstream, one of the largest natural gas gatherers and processors in the United States. Spectra Energy was recently ranked by FORTUNE as the world's "most admired" pipeline company.
Apr 01, 2009 -- Universal Detection Technology (OTCBB: UNDT), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, announced today that its BSM-2000 autonomous airborne bacterial spore monitor can offer significant cost savings when compared to the Biohazard Detection System (BDS) currently installed at United States Postal Service (USPS). The findings are also confirmed by a report by the Government Accountability Office (GAO).
The USPS lost $2.8 billion last year and is looking at much larger losses this year. There have been also been reports of consolidation of operations at postal processing centers where canceling machines have been removed and most processing services have been moved to neighboring facilities. The most significant cost savings from the consolidation would be from eliminating the cartridges of the BDS which the postal service uses to scan for biohazards like anthrax. However, this will leave employees of the primary postal facility potentially exposed to contaminated mail with postal employees never knowing until maybe too late that they had just shipped a lethal cargo.
UNDT's BSM-2000 system is an autonomous airborne detector of bacterial spores. The system samples the ambient air and can notify a first responder of elevated levels of bacterial spores which is a typical signature of an airborne anthrax attack.
A GAO report concluded: "The BSM-2000 could be used as a front-end 'trigger' in a mail-processing environment to set off a BDS that would confirm if the detected bacteria are harmful. While we did not conduct a detailed cost analysis, it seems cheaper to let the BSM-2000 constantly monitor the air than having a BDS sample every hour. A BDS would only be run if the BSM-2000 detected bacteria."
"The BSM-2000 is the perfect front-end system to detecting an anthrax attack," said Mr. Jacques Tizabi, UNDT's Chief Executive Officer. "Our System can save the postal service millions of dollars by reducing the cost of consumables required for the BDS," he added.
About Universal Detection Technology
Universal Detection Technology is a developer of monitoring technologies, including bioterrorism detection devices. The Company on its own and with development partners is positioned to capitalize on opportunities related to Homeland Security. For example, the Company, in cooperation with NASA, has developed a bacterial spore detector that detects certain biohazard substances. The Company is also a reseller of handheld assays used for detection of five bioterrorism agents, radiation detection systems, and antimicrobial products.
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