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M2 PRESSWIRE-April 2, 2009-InvestSource, Inc.: NeuStar Unveils Ground Breaking New Technology
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Stocks in the News: NeuStar (NYSE: NSR), Universal Detection Technology (OTCBB: UNDT), Zagg, Inc. (OTCBB: ZAGG), Gemini Explorations (OTCBB: GXPI)
March 31, 2009: NeuStar (NYSE: NSR) today unveiled the first successful demonstration and implementation of technology that enables cell phones to scan and process two-dimensional bar codes - regardless of the mobile service provider, type of bar code symbology, or scanning technology used. NeuStar's pilot program is based on open standards and demonstrates interoperability among the world's most successful bar code campaign managers, symbologies, and code reader technologies through NeuStar's trusted third party central clearinghouse and registry services. Announced at CTIA, the program currently involves industry-leading companies 3GVision, Mobile Discovery, Mobile Tag, and NeoMedia.
"Each of our current partners brings unique values and capabilities to the market," according to Diane Strahan, vice president of Mobile Services at NeuStar. "Consumers can simply click, send, and enjoy immediate access to cool content. This program is a critical step toward linking various bar code readers and players in the marketplace, and toward creating a seamless, open, and scalable solution for brands, consumers, and mobile operators."
Unlike the linear (striped) EAN/UPC bar codes typically used for inventory and point-of-sale transactions, the more advanced two-dimensional (2D) codes provide mobile consumers with a "shortcut" to access rich content and helpful information, as well as to engage in m-commerce. For mobile consumers, bar codes offer the ability to rapidly discover, interact, and transact with brands without typing out a web address or searching for a website.
Apr 1, 2009: Universal Detection Technology (www.udetection.com) (OTC BB:UNDT.OB), 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.
March 31, 2009: ZAGG Inc. (OTCBB: ZAGG), a leading producer of mobile electronics accessories including the popular invisibleSHIELD, announces the release of their newest version of Z.buds in-ear headphones. The award-winning audio accessory is now available in a version without the integrated microphone. Critically praised for ZAGG's unique patent-pending design, the Z.buds' high-end audio provides a full sound that is comparable to earbuds of twice the price. Its innovative and durable nylon cord is designed with several wearability options, making the Z.buds the most versatile product of its kind. The original Z.buds feature an integrated microphone and control button, allowing iPhone users - and some other smartphones - a seamless switch between their calls and their music. The newly released option in Z.buds eliminates the microphone and call function, providing a more streamlined cord while maintaining the audio quality from the previous Z.buds.
"We listened to feedback from customers who loved the audio quality of our Z.buds, but did not have use for the microphone function," said Robert G. Pedersen II, President and CEO of ZAGG Inc. "The new Z.buds function with any digital media player with a 3.5mm jack, and are offered at a lower price point with the highest quality. Since our introduction of the invisibleSHIELD four years ago, ZAGG has strived to introduce electronics accessories that meet the needs of consumers in an innovative and quality way, and this latest version of Z.buds will provide the same sound and quality that gives ZAGG its good name," said Pedersen.
Apr 1, 2009: Gemini Explorations, Inc. ("Gemini") (OTC BB:GXPI.OB) is pleased to announce that company CEO Michael Hill will be traveling to Colombia in mid April to close on the acquisition of two mining concessions adjacent to its La Tapata Gold Mine property. In a previously released announcement Gemini reported that company geologists found the geology and mineralogy of the vein structures at La Tapata strongly indicated that those structures continued beyond the bounds of Gemini's existing concession. The completion of the acquisition of these adjoining concessions will allow Gemini to fully exploit the economically accessible vein structures in the expanded area, greatly enhancing the overall production potential of the mine.
A concurrent purpose of Mr. Hill's trip will be to meet and finalize negotiations with representatives of the prospective joint venture partner previously mentioned in an announcement released on February 24, 2009. As previously noted, this entity is a publicly traded mining corporation, headquartered in Canada and listed on the TSX-V Exchange. The joint venture agreement will facilitate an expeditious and comprehensive development of the La Tapata Gold Mine, as expanded by the acquisition of the adjacent concessions. Gemini CEO Michael Hill stated, "The pending conclusion of a joint venture agreement combined with the addition of the adjoining mining concessions should enable Gemini to move forward with its goal of making La Tapata a profitable producing gold mine. Gemini hopes to move forward quickly with production-oriented operational activities and will be announcing the specifics of our progress in that regard in upcoming news releases."
Market Wrap for Wednesday, April 01, 2009:
A handful of economic reports helped stocks reverse early losses to post strong gains. The advance was challenged by a late selling effort for the second straight session, but buyers stepped in to offer their bids. Stocks initially traded with weakness as participants reacted to an ADP Employment Report that indicated 742,000 jobs were lost in March. Economists expected 663,000 job losses. While the report isn't always a precise predictor of the government's official nonfarm jobs report, which is due Friday, it does present a glimpse into labor market conditions. Stocks were given a boost upon the release of several other economic reports.
Though the ISM Manufacturing Index for March showed continued contraction in manufacturing, it was essentially in-line with expectations at 36.3, and was up slightly from February's 35.8. Meanwhile, monthly construction spending for February decreased 0.9%, but that was met with a positive reaction since it wasn't as severe as the 1.9% decline that was widely expected. A surprise 2.1% increase in February pending home sales also helped improve sentiment. Pending home sales were expected to remain unchanged after declining 7.7% in January.
The broad-based buying effort that followed the reports helped push the S&P 500 past the 800 level, but the move slowed as the benchmark index encountered 810. Still, the S&P 500 was able to close just above that technical hurdle. =Meanwhile, the Dow swung some 275 points from its session low to its close. The reversal was brought about by broad-based strength as 27 of its 30 components logged a gain.
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This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or a solicitation to buy or sell securities. InvestSource, Inc. has prepared all material herein based upon information believed to be reliable. The information contained herein is not guaranteed by InvestSource, Inc. to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this release have not given an opinion or approved the statements made in this release. InvestSource has been compensated in unrestricted stock, as follows: 2,100,000 of unrestricted stock in Universal Detection Technology received on 03/11/2009. As of 04-01-2009, ISI currently holds 2,100,000 of unrestricted stock in Universal Detection Technology, and has sold a total of 0 shares for proceeds totaling 0.00. To view full disclaimers, please go to http://investsourceinc.com/content/disclaimer
