EasyLink Services International Corp. (NASDAQ:ESIC)
EasyLink Services International Corporation, a global provider of cloud-based messaging and e-commerce solutions offers a comprehensive portfolio of "any to any" cloud-based messaging and transaction services that can bridge the most challenging technology gaps while creating significant cost efficiencies across an organization.
ESIC reported fiscal third quarter 2011 results representing its second consecutive quarter of record revenue, gross profit and cash flow from nine months of operations.
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EasyLink Services International Corporation revenue for the third quarter of fiscal 2011 was a record $47.8 million, up 132%, compared to $20.6 million in the third quarter of fiscal 2010; Gross profit for the third quarter of fiscal 2011 was a record $31.4 million, up 108%, compared to $15.1 million in the third quarter of fiscal 2010; Cash generated from operations for the nine months ending April 30, 2011 was a record $19.3 million, up 45% from the third quarter of fiscal 2010. ESIC cash and cash equivalents at April 30, 2011 totaled $27.9 million.
"Our team built upon the momentum we experienced in the previous quarter, growing new and existing customer revenues to record levels. While it is too early to be certain, we believe the increased customer activity is a favorable indicator of our future performance and assurance of our strategy to deliver a broader portfolio of productivity enhancing solutions over the cloud," stated Tom Stallings, CEO of EasyLink.
From Desktop Fax and Production Messaging to EDI, Managed File Transfer, Document Capture and Management, Notifications and Secure Messaging, ESIC helps companies drive costs out of their operations.
With over two decades of servicing customers around the globe, ESIC has established a proven track record for providing effective, reliable and secure communications.
For more information about EasyLink Services International Corporation please visit http://www.easylink.com/
Cleantech Transit, Inc. (CLNO.OB)
Biomass gasification facilities can fire boilers that heat schools, offices, institutions, and manufacturing facilities. The net fuel cost is cheaper than heating oil, natural gas, and coal. In addition, proper engineering, wood burning systems emit fewer pollutants into the air than coal and oil systems.
Previous advances in the technology of converting wood waste into power, CLNO has selected to invest in Phoenix Energy (www.phoenixenergy.net), to focus exclusively on generating greater returns for manufacturing clients worldwide.
Phoenix Energy has the potential to become a leading developer of renewable biomass distributed generation plants that utilize local resources for local energy, since their success at the 500KW facility in Merced, California.
CLNO previously reported that the 500 Kilowatt biomass gasification facility has successfully passed its interconnection tests and is now connected to the utility distribution grid.
The gasification technology uses a non-combustion process to convert Ag and other woody residues into a hydrogen rich gas (”syngas”), which is then converted into electricity, along with heat and biochar (a useful byproduct that captures carbon in solid form and can be used as a soil amendment).
The Merced plant is expected to produce enough electricity to power about 400 homes. The plant connected to the electricity grid under California’s feed-in-tariff with a 15-year power purchase agreement.
There are 2 additional projects being pre-certified by Phoenix Energy in California.
The projects are each projected to be 1 MW biomass gasification facilities that will provide both electricity and process heat energy.
Each facility will provide enough electricity to power approximately 800 homes as well as process heat to be used in drying agricultural products. The projects are expected to complete by the end of 2012.
CLNO has expanded its focus to invest directly in specific green projects that can maximize shareholder value.
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector.
For more information about Cleantech Transit, Inc. please visit http://www.cleantechtransitinc.com
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