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The following companies
have news.
Network Installation (NWKI)
announced that it has acquired Costa Mesa, CA - based networking services
firm Com Services, Inc. for $430,000 in cash and stock. Com Services
reported un-audited revenue of $937,000 for the nine month period ended
December 31, 2004 (year ending March 31, 2005). This news comes on the
heels of NWKI's announcement that it was awarded a project order for Foot
Locker, Inc. the world's largest footwear and sports apparel company. The
project includes the installation and deployment of high-speed broadband
networks for 73 Foot Locker retail locations throughout southern
California. We introduced Network Installation to our subscriber database
at $1.76, the last trade was at $2.14.
Nighthawk Systems (NIHK)
announced it has sold and
delivered PT1000 units to Barksdale Air Force Base in Louisiana this
month. The sale to Barksdale comes on the heals of the December sale of
PT1000's to the Naval Air Warfare Center at China Lake, California. We
introduced NIHK to our subscriber database when the stock traded at .10 x
13, it currently trades at .22 x .225.
Payment Data Systems (PYDS)
announced that it has signed a multi-year agreement with Online Insurance
Services, Inc. (OIS) of Orange Park, FL, to provide payment services for
their insurance clients. This is the first entry of PDS into the highly
adaptive insurance industry. The anticipated initial transactional value
of the agreement is approximately $3 million per year based on current
volume. PYDS has seen well above average volume recently and appears to be
under accumulation
Network
Installation Acquires Com Services; Enters Union Project Bidding &
Adds to Revenue Base...(NWKI)
Nighthawk
Systems Sells Units to Barksdale Air Force Base...(NIHK)
Payment
Data Systems, Inc. Extends Its Presence Into the Insurance Industry...(PYDS)
Payment Data Systems...(PYDS) Press
Release: Payment
Data Systems, Inc. Extends Its Presence Into the Insurance Industry
Announced that it has
signed a multi-year agreement with Online Insurance Services, Inc. (OIS)
of Orange Park, FL, to provide payment services for their insurance
clients.
This is the first entry of
PDS into the highly adaptive insurance industry. The anticipated initial
transactional value of the agreement is approximately $3 million per year
based on current volume.
Louis Hoch, President and COO of Payment
Data Systems stated, "OIS has experienced tremendous growth of more
than 400% year over year for the past four years. Given the fact that they
are predicting similar results for the coming year, PDS foresees immediate
value and significant potential in this agreement for both
companies."
"Payment Data Systems has streamlined
our processes and provided faster turnaround than previous vendors. Their
innovative Internet capabilities have opened new markets for us. PDS is
more than able to keep up with our rapid growth," said Fred Stover,
President of Online Insurance Services, Inc.
To view the
Full Press Release
please visit
http://biz.yahoo.com/iw/050124/079453.html
For the Full Profile on PYDS Please visit http://www.smallcapreview.com/pyds.htm
Network Installation...(NWKI)
Press Release:
Network
Installation Acquires Com Services; Enters Union Project Bidding &
Adds to Revenue Base Announced
that it has acquired Costa Mesa, CA - based networking services firm Com
Services, Inc. for $430,000 in cash and stock. Com Services reported
un-audited revenue of $937,000 for the nine month period ended December
31, 2004 (year ending March 31, 2005). Network
Installation Chairman Michael Novielli stated, "The acquisition of
Com Services is a tremendous milestone for Network Installation. Their
strong presence as a union certified firm opens for us new avenues of
pursuit. One of our corporate goals this year is to aggressively pursue
Government Services Administration (GSA) business and the fact that we can
now bid on union projects we believe gives us a significant competitive
advantage." Com
Services President Ray Mallory added, "I am truly excited about this
opportunity. Network Installation's recent achievements speak for
themselves. Their strong sales capacity is a perfect complement to our
project management capabilities. The ability to offer Network's complete
portfolio of communication services from wireless to telecom to our
installed base, should create significant momentum to top line revenue
growth. I look forward to marked achievement from the convergence of our
organizations."
To view the
Full Press Release
please visit http://biz.yahoo.com/prnews/050121/laf048_1.html
For the Full Profile on NWKI Please visit http://www.smallcapreview.com/nwki.htm
Nighthawk
Systems...(NIHK)
Press
Release: Nighthawk
Systems Sells Units to Barksdale Air Force Base
Announced that
it sold and delivered PT1000 units to Barksdale Air Force Base in
Louisiana this month. Barksdale has utilized Nighthawk products for years,
and will use the PT1000's primarily to wirelessly turn on and off
navigational lights on runways and runway aprons.
The sale to
Barksdale comes on the heals of the December sale of PT1000's to the Naval
Air Warfare Center at China Lake, California, where NAVAIR uses the
Nighthawk units to activate orientation lights across the entire test
range, roughly the size of the State of Maryland, including one position
on mountainous terrain over 6,500 feet.
To view the
Full Article please visit http://biz.yahoo.com/prnews/050121/daf024_1.html For the Full Profile on
NIHK Please visit http://www.smallcapreview.com/nihk.htm
Disclaimer
SmallCapReview.com
feature stock reports are intended to be stock ideas, NOT recommendations.
Please do your own research before investing. It is crucial that you at least
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coverage of NWKI, NIHK and PYDS please sign up for our free newsletter,
SmallCapReview.com
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eight thousand five hundred dollars by Network Installation for its efforts in
presenting the Network Installation profile on its web site and distributing it to its
database of subscribers. SmallCapReview.com has been compensated
eighteen thousand dollars by Payment Data Systems for its efforts in
presenting the Payment Data Systems profile on its web site and distributing it to its
database of subscribers. SmallCapReview.com has been compensated
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