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GreenHouse Holdings, Inc. (OTCQB:GRHU), a San Diego, California based integrated energy solutions provider and developer of eco-friendly infrastructure, recently announced that PepsiCo(R) will partner with GreenHouse to utilize Southern California Edison's (SCE) Automated Demand Response (Auto-DR) program at its Buena Park bottling plant. GreenHouse is a qualified service provider of SCE's Auto-DR program, providing site assessment, feasibility studies, project development, engineering, installation of enabling technologies and complete processing of all incentives.
The Auto-DR program offers significant financial incentives and technical support to SCE customers with automated load control systems that participate in demand response events. Auto-DR uses control systems to automatically achieve specified energy demand reductions (kW and duration) during periods of peak energy demand.
PepsiCo is a recognized leader in the beverage industry for their efforts in sustainability and energy efficiency by consistently operating their plants in the most energy-conscious manner possible.
In utilizing the Auto-DR system, Pepsi can shed or reduce electric consumption during costly peak energy periods when the demand is highest. In addition, the system provides Pepsi the ability to reduce operating costs by curtailing the use and purchase of electricity. Pepsi will then receive financial incentives from SCE for doing so.
GreenHouse Holdings, Inc. is a San Diego, California based integrator of some of the world's most innovative environmental, public safety, infrastructure technologies. GreenHouse provides systems that are financially sound and sustainable to residential, commercial, industrial and government markets around the globe. GreenHouse provides energy-efficiency products, energy management systems, eco-friendly infrastructure, scalable waste-to-fuel bio-fuel and closed loop systems, as well as other proprietary technologies and products that are utilized to provide a greener and safer future for millions of people.
For more information on GRHU, please visit: http://www.greenhouseintl.com/
Atlas Energy, Inc. (NASDAQ:ATLS) reported on October 18, 2010 that it has declared a quarterly cash distribution for the third quarter 2010 of $0.05 per common limited partner unit, payable Tuesday, November 16, 2010 to holders of record as of Monday, November 8, 2010.
Atlas Energy, Inc. is one of the largest independent natural gas producers in the Appalachian and Michigan Basins, and a leading producer in the Marcellus Shale in Pennsylvania. Atlas Energy is also the country’s largest sponsor and manager of tax-advantaged energy investment partnerships.
Cubist Pharmaceuticals Inc. (Nasdaq: CBST) announced on October 25, 2010 the completion of its offering and sale of $450 million in aggregate principal amount of 2.50% Convertible Senior Notes due 2017 pursuant to a registration statement filed with the Securities and Exchange Commission. This includes the exercise in full by the underwriters of their option to purchase $50 million aggregate principal amount of the notes.
The notes will mature on November 1, 2017, and will bear interest at a rate of 2.50% per year, payable semiannually in arrears on May 1 and November 1 of each year, beginning on May 1, 2011. The notes will be convertible, under certain circumstances, into cash, shares of Cubist’s common stock, or a combination, at Cubist’s election, at an initial conversion rate of 34.2759 shares of Cubist’s common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $29.18 per share of Cubist’s common stock.
Cubist Pharmaceuticals, Inc. is a biopharmaceutical company focused on the research, development, and commercialization of pharmaceutical products that address unmet medical needs in the acute care environment. In the U.S., Cubist markets CUBICIN(R) (daptomycin for injection), the first antibiotic in a class of anti-infectives called lipopeptides.
Gentex Corp. (NASDAQ:GNTX), the leading supplier of automatic-dimming rearview mirrors and camera-based active safety systems to the worldwide automotive industry, has announced that it is shipping a three-mirror auto-dimming rearview mirror system with its SmartBeam(R) High-Beam Assist technology for the all-new Saab 9-5. The premium sedan is sold globally and the 9-5 is the first Saab model to offer SmartBeam.
SmartBeam uses a miniature camera-on-a-chip combined with algorithmic decision-making to automatically operate a vehicle's high beams in order to optimize their usage according to surrounding traffic conditions. The system maximizes forward lighting while eliminating the repetitive task of turning the high beams on and off manually.
Founded in 1974, Gentex Corporation is the leading supplier of automatic-dimming rearview mirrors and camera-based active safety systems to the global automotive industry. The Company also provides smoke alarms and signaling devices to the North American fire protection market, as well as dimmable aircraft windows for the commercial, business and general aviation markets.
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