OTCPicks.com

FEATURED COMPANY

RONN MOTOR COMPANY (OTC: RNNM)
"Up 6.90% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/RNNM.php

Company Profile: http://www.otcpicks.com/ronn-motor-company.htm

Headquartered in Austin, Texas, Ronn Motor Company, Inc. is a design and manufacturing company focused on the leading edge engineering of environmentally friendly, finely built premium automobiles and technology. These technology systems include Hydrogen Fuel, Fuel cells, and Plug in-electrics will be incorporated into our automobiles and made available for aftermarket applications. Our products, coupled with RMC's core values of a strong sense of ethics, environmental sensitivity and premium quality, position the company as one of the new leaders in an automotive industry transitioning toward fuel efficiency.

RNNM News:

November 7 - Dr. Joe Vitale, Marketing Guru and Renowned Marketer, Buys Ronn Motor Company's Scorpion HX™

Ronn Motor Company (OTC: RNNM), announced that best-selling author and celebrity marketer, Dr. Joe Vitale, has purchased a Limited Edition Scorpion HX™.

Dr. Vitale stated, "I'm in the movie, 'The Secret,' but the real secret is a small company outside of Austin, Texas called Ronn Motor Company. They are making history with their breakthrough H2GO™ Real-Time Hydrogen Injection system and building a car that will turn heads and reduce the impact on the environment."

Dr. Vitale is the President of Hypnotic Marketing Inc., a marketing consulting firm based in Texas. He has been called "the Buddha of the Internet" for his combination of spirituality and marketing acumen. His best-selling book, "The Greatest Money Making Secret in History" and e-book "Hypnotic Writing" are a few of his outstanding literary achievements.

Ronn Maxwell, CEO of Ronn Motor Company, said, "We are honored to have the support of Dr. Vitale, a man who is respected for his creative thinking and innovative outlook on life. His endorsement of our automobile and alternative fuel strategy supports our resolve for automotive excellence and technological development."

Dr. Vitale added, "I love cars and the Scorpion is the only automobile that combines race car performance and unique styling without sucking the life out of our planet and that's a good thing."

Ronn Motor Company builds the eco-exotic Scorpion and Limited Edition Scorpion HX and will sell its hydrogen system in the automotive aftermarket for all cars, light trucks and commercial vehicles. The H2GO system enhances fuel mileage and reduces emissions — both of which are concerns of the American public.

FEATURED COMPANY

BRITE-STRIKE TECHNOLOGIES INCORPORATED (OTC: BSTI)

Detailed Quote: www.otcpicks.com/quotes/BSTI.php

Company Profile: http://www.otcpicks.com/brite-strike/brite-strike.htm

Brite-Strike Tactical Illumination Products, Inc. was started by two police officers to create world-class tactical LED flashlights that had the features that police officers and citizens need to keep them safe. Brite-Strike makes a promise to always use the latest technology, world-class components, highest design and manufacturing standards, so consumers can rely on Brite-Strike products when they are needed.

BSTI News:

November 6 - Brite-Strike Tactical Illumination Products, Inc.'s Personal Protection System to Be Featured in the Prestigious Frontgate Christmas Catalog

Brite-Strike Tactical Illumination Products, Inc. (OTC: BSTI) announced that its "Lightning Strike" Personal Protection System will be featured in Frontgate's national Christmas catalog, and that shipments for the initial order will begin this week. The product is also being carried at 28 BJ's Wholesale Club locations, which can be found at www.brite-strike.com.

"This product, for the money, may be the most effective defensive tool available for women today, particularly in preventing assaults and rapes," said Glenn Bushee, President of Brite-Strike. "The gift set includes a powerful, but compact, tactical flashlight, with the patented tactical touch hi-low-strobe switch, a leather holster, as well as a personal safety alarm, that can emit a shrieking noise of up to 125 db, and can be effective in warding off dogs and assailants. The package includes other accessories, and is packaged in a presentation gift box."

The company also announced that sales of its flagship model, the "Tactical Blue-Dot" flashlight, currently being featured in the Herrington Catalog, remain very strong, and are expected to significantly exceed last year's sales, even in this challenging economic environment. The company has been informed that its product is the top selling product in the catalog at that price-point. "In tough economic times, such as now, the number of robberies and assaults rise dramatically, which increases the demand for all our products," said Mr. Bushee, president of Brite-Strike.

In other news, the company announced that it had shipped its first order to the Pennsylvania Prison System, an area where the company see's significant growth opportunities. The company is also currently in discussions with one major national retailer for the placement of the "Lightning Strike," and is in late-stage testing with one branch of the US Military.

The company recently filed a Form 15 with the SEC. This form is in preparation for the company's financial audit, and intent to file as an SEC reporting company, with application to file for listing on the OTC BB the first half of 2009.

"We are extremely optimistic about the future of Brite-Strike. We feel the current share price dramatically undervalues the company, and its long-term growth prospects. We project dramatic increase in revenues over the next several years, both from our existing product line, as well as new products," said Mr. Bushee. "We appreciate our loyal shareholders, and in acknowledgement of their support, we would like to offer any shareholders ordering product through customer service, at 781-585-5509, a discount on all their purchases, with free gift-wrapping for all our customers for the holiday season."

FEATURED COMPANY

GREENCHEK TECHNOLOGY INCORPORATED (OTCBB: GCHK)

Detailed Quote: http://www.otcpicks.com/quotes/GCHK.php

Company Profile:
http://www.otcpicks.com/greenchek-technology/greenchek-technology.htm

GreenChek Technology, Inc. manufactures and distributes hydrogen injection technology devices that primarily focus on mobile transportation applications and industrial generative power applications. It also provides mobile greenhouse gas emissions reduction technology. The company's Onboard Hydrogen Generation and Injection technology is used for emissions reduction technology and fuel economy enhancement in trucks, locomotives, and automobile engines. It has operations in the United States, Canada, Asia, and Europe. The company, formerly known as Ridgestone Resources, Inc., was founded in 2006 and is headquartered in San Francisco, California.

GCHK News:

November 6 - GreenChek Achieves 19% to 21% Fuel Savings During In House Testing

GreenChek Technology Inc. (OTCBB: GCHK), a leading globally focused provider of hydrogen-based technology for mobile transportation and stationary power generation applications, announced today that they continue to achieve successful results through ongoing in-house testing of their Emission Reduction Device Technology.

GreenChek manufactures an emission reducing device simply known as the ERD 1.0, which can be retrofitted to any vehicle or combustible engine regardless of fuel source. This device reduces vehicle emissions as well as increases fuel economy.

“As we continue to test internally the ERD we are pleased the with the fuel reduction results,” said Donald Walling, GreenChek’s Chief Strategy Officer. “On every ERD 1.0 implementation we have noted significant improvements beyond the initial baseline testing. Average fuel savings of 19 to 21% have been achieved.”

FEATURED COMPANY

PHANTOM FIBER CORPORATION (OTCBB: PHFB)

Detailed Quote: www.otcpicks.com/quotes/PHFB.php

Company Profile: http://www.otcpicks.com/phantom-fiber.htm

Phantom Fiber Corporation is a leading developer of wireless platform software that enables its customers to deliver high-performance applications across global communications networks to mobile users. The company's wireless platform extends the rich multimedia content and user experience of existing Internet web sites securely and instantly to over 1,500 mobile devices including cellular phones and PDAs. This platform is already deployed to most segments of the global gaming industry and can be used by enterprises seeking to implement high performance mobile applications in such markets as: remote video surveillance; banking and brokerage applications; as well as the logistics and distribution markets. Visit www.phantomfiber.com for more information about Phantom Fiber.

PHFB News:

October 30 - Mahjong Time Signs a Multi-Year Contract With Phantom Fiber Corporation to Create a Mobile Extension to Their Leading Online Mahjong Gaming Platform

Mahjong Time, the leading software provider for the online mahjong gaming community, announced a multi-year contract with Phantom Fiber Corporation (OTCBB: PHFB), a leading wireless transaction enablement company specializing in the gaming and entertainment sector. Under the terms of the deal, Phantom Fiber will receive an integration fee and will then share in the ongoing revenue generated from the mobile subscribers.

The integration will allow Mahjong Time to continue delivering the functionality, graphics and speed that users have come to expect from their industry leading software platform and internet offering to over 1,000 handset types. In addition to this, the mobile extension will also offer features that have established Mahjongtime.com as the number one online Mahjong community; these features include multiple game types, multiple languages, practice play, and tournament play. The mobile product will operate on hundreds of device types including Java phones, Apple iPhone, Blackberry, Palm, Microsoft Pocket/PC and Smartphone based handheld devices from anywhere in the world.

"We are quickly being recognized as the dominant mahjong provider in the online arena and we have a strong brand in the Asian market, but I think we all realize that the Asian market is a very mobile and technical savvy geographic area," said William Sutjiadi, CEO of Mahjong Time. "We knew it was a matter of time before we would have to provide a mobile solution. Choosing Phantom Fiber was easy. Their ability to provide the only mobile solution that works globally, their unprecedented support for handsets, and most of all their experience in mobile multi-user environments will ensure the success of this project."

Jeff Halloran, Chairman & CEO of Phantom Fiber, stated, "This agreement has a number of benefits for Phantom Fiber. We recognize the magnitude of the Asian market and their passion for Mahjong. Extending the premier Mahjong platform to a mobile environment will extend Phantom Fiber's reach into those markets. Our multi-user experience from the gaming space and our ability to support multiple languages also blends nicely with our technology. We have been talking with Mahjong Time for some time and have watched them grow in popularity and have some great successes. We are glad the time is right to work with Mahjong Time and share in those successes."

The solution will provide the game content in a number of formats. The player can play against the computer or fully interact with the online community. By using the same login credentials as the internet, a player can search for friends who may be playing online via the internet and join the same games and contests as any other internet player, only from their mobile device.

ABOUT MAHJONG TIME

Founded in 2004, Mahjong Time is a San Diego-based company that is the premier provider of mahjong software and complete turnkey solutions. The Mahjong Time in-browser platform is available in seven languages and provides multiple mahjong rules sets that appeal to the needs of discerning players worldwide. Offered features include advanced subscription and tournament play, and Web 2.0 capabilities that allow players greater connectivity including the ability to establish multiple "friend" networks and to create private game rooms.

Mahjong Time is the exclusive online tournament partner of the annual World Series of Mahjong. The company is also involved in a strategic partnership with Cryptologic, the leading public developer and supplier of Internet gaming software. For more information, visit www.mahjongtime.com.

FEATURED COMPANY

PERF GO GREEN HOLDINGS INCORPORATED (OTCBB: PGOG)

Detailed Quote: www.otcpicks.com/quotes/PGOG.php

Company Profile:
http://www.otcpicks.com/perf-go-green/perf-go-green.htm

Perf Go Green Holdings, Inc. is engaged in the creation and global marketing of 100% eco-friendly, non-toxic, food-contact-compliant, biodegradable plastic products. All Perf Go Green products are made from recycled plastics and completely break down in landfill within two years, leaving no toxic or visible residue, as compared to other plastics that take hundreds of years. Perf Go Green’s corporate name reflects its “Go Green” mission to develop, market and distribute biodegradable plastic products as a practical and viable solution to eliminating plastic waste from the world environment.

PGOG News:

October 28 - Perf Go Green Adds Leading Supermarket Chain Hy-Vee, Inc. to Distribution Network

Perf Go Green Holdings, Inc. (OTCBB: PGOG) (“Perf Go Green”), a marketer and distributor of biodegradable plastics, announced a distribution agreement with Hy-Vee, Inc. One of the top 30 supermarket chains in the U.S., Hy-Vee operates more than 224 retail stores in the Midwest.

“Our agreement with Hy-Vee is another sign of the overwhelmingly enthusiastic reception retailers are giving our biodegradable plastic bags,” said Perf Go Green Chairman and CEO Tony Tracy. “We're especially excited about this new partnership because Hy-Vee is well-known for its commitment to sustainability and its leadership in bringing health and wellness to mainstream consumers. Perf Go Green's earth-friendly products offer a meaningful way for consumers, companies and their employees to reduce their environmental footprint.”

Perf Go Green will begin shipping its 13-gallon kitchen trash bags and its 30-gallon lawn and leaf bags to Hy-Vee in November 2008.

Founded in 1930, Hy-Vee, Inc. is an employee-owned corporation operating more than 224 retail stores in seven Midwestern states. For 2007 the company recorded total sales of $5.6 billion, ranking it among the top 30 supermarket chains and the top 50 private companies in the U.S.

Founded in November 2007, Perf Go Green premiered at the March 2008 International Home and Housewares Show in Chicago, where its products received an honor for their design quality and innovation. Perf Go Green is proud to be part of the nation's “go green” movement, which is poised to become a $500 billion market by 2009, according to Landor Associates.

Perf Go Green products incorporate recycled plastics that are combined with an Oxo-Biodegradable proprietary application method to produce the film for its bags. Based on environmental claims statements made by the manufacturer of the Oxo-Biodegradable applied to our bags, when discarded in soil and exposed to the presence of microorganisms, moisture and oxygen, we believe Perf Go Green products biodegrade within two years, decomposing into simple materials found in nature much faster than regular plastics, which can take hundreds of years to break down. Through this process and the use of recycled plastics, Perf Go Green effectively removes plastic waste from the environment. In addition, Perf Go Green trash bags utilize a unique patented dispensing system that stores the bags on the bottom of trashcans and dispenses them one at a time, similar to a tissue box.

STOCKS TO WATCH

IMAX CORPORATION (NASDAQ: IMAX)
"Up 7.56% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/IMAX.php

IMAX Corporation is one of the world's leading entertainment technology companies, specializing in immersive motion picture technologies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event Hollywood films around the globe, with IMAX theatres delivering the world's best movie presentations using proprietary IMAX, IMAX 3D, and IMAX DMR®, technology. IMAX DMR is the Company's groundbreaking digital re-mastering technology that allows it to digitally transform virtually any conventional motion picture into the unparalleled image and sound quality of The IMAX Experience. IMAX's renowned projectors display crystal-clear images on the world's biggest screens, and the IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of September 30, 2008, there were 320 IMAX theatres operating in 42 countries.

IMAX News:

November 6 - James Cameron's Avatar to Be Released in IMAX® 3D on December 18th 2009

Twentieth Century Fox Enlists IMAX 3D to Complete Format Menu for Moviegoers

IMAX Corporation (Nasdaq: IMAX) (TSX: IMX) and Twentieth Century Fox announced that they have reached agreement on material terms to release the highly anticipated 3D motion picture Avatar in IMAX®3D simultaneously with the motion picture's premiere in conventional 3D theatres on December 18, 2009. Avatar is directed and written by Academy Award Winner James Cameron and stars Sam Worthington, Zoe Saldana, Stephen Lang, Michelle Rodriguez and Sigourney Weaver. Cameron will also produce with his Lightstorm Entertainment partner, Jon Landau. Avatar will be digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience®.

"Our goal with Avatar is to revolutionize live-action 3D moviemaking, and I have no doubt that it will look and sound incredible in IMAX 3D," said director James Cameron. "The larger field of view and powerful surround sound of an IMAX® theatre will completely immerse the audience in a way that cannot be experienced anywhere else."

"We are delighted to be releasing Avatar in all available theatrical formats, and by including the premium IMAX 3D format, we can give consumers the entire spectrum of choice at the box office," said Bruce Snyder, President, Domestic Distribution, Twentieth Century Fox. "The IMAX theatre network is increasingly becoming an important part of our distribution strategy, as it continues to expand with its new digital projection system."

"Avatar is one of the most anticipated movies of 2009 and it is a powerful addition to our film slate," said IMAX Co-CEO's Richard L. Gelfond and Bradley J. Wechsler. "We are particularly pleased with Twentieth Century Fox's increasing interest in the IMAX theatre network, which is largely fueled by the rollout of our digital projection systems and IMAX's track record of strong box office performance."

"James Cameron is a genius filmmaker. His vision and 3D expertise make Avatar a natural fit for IMAX and we believe it will resonate with our audiences as well as the millions of James Cameron fans across the globe," added Greg Foster, Chairman and President of IMAX Filmed Entertainment. "Every aspect of this film was meticulously designed for 3D, so when audiences experience this revolutionary film in an IMAX 3D theatre, they will feel as if they are actually IN the movie.

Avatar is the story of an ex-Marine who finds himself thrust into hostilities on an alien planet filled with exotic life forms. As an Avatar, a human mind in an alien body, he finds himself torn between two worlds, in a desperate fight for his own survival and that of the indigenous people. More than ten years in the making, Avatar marks Cameron's return to feature directing since helming 1997's Titanic, the highest grossing film of all time and winner of eleven Oscars® including Best Picture. WETA Digital, renowned for its work in The Lord of the Rings Trilogy and King Kong, will incorporate new intuitive CGI technologies to transform the environments and characters into photorealistic 3D imagery that will transport the audience into the alien world rich with imaginative vistas, creatures and characters.

WESTPORT INNOVATIONS INCORPORATED (NASDAQ: WPRT)
"Up 9.90% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/WPRT.php

Westport Innovations, Inc. engages in the research, development, and marketing of engines and fuel systems that use compressed natural gas, liquefied natural gas (LNG), hydrogen, and hydrogen-enriched compressed natural gas (CNG) fuels. The company offers high pressure direct injection natural gas engines for heavy-duty trucks and high horsepower applications, such as mine-haul trucks and power generators; compressed natural gas direct injection engines for light- to medium-duty trucks and city work vehicle engines; hydrogen direct injection hardware and electronic controls; hydrogen-enriched compressed natural gas engines; and lean burn sparked ignited natural gas or liquefied petroleum gas engines for transit buses and medium-duty trucks. It also provides direct-injection gaseous-fuel injectors; combustion technology; cryogenic storage and delivery tanks and pumps; compressors; after treatment systems; and LNG and CNG refueling infrastructure. Westport Innovations primarily sells its products in North America, Asia, Europe, and South America. The company, through its joint venture with Cummins, Inc., also manufactures and sells a range of natural gas and propane engines in North America and Australia. It also has a joint venture with Beijing Tianhai Industry Co., Ltd. to market LNG fuel tanks for vehicles in China. In addition, Westport Innovations has a joint venture agreement with Weichai Power Co., Ltd. and Hong Kong Peterson (CNG) Equipment Limited to research, develop, design, manufacture, market, distribute, and sell alternative fuel engines for use in automobiles, heavy duty trucks, power generation, and shipping applications. The company was founded in 1995 and is headquartered in Vancouver, Canada.

WPRT News:

November 6 - Westport Reports Record Second Quarter Financial Results; 84% Increase in Year-Over-Year Revenue

Westport Innovations Inc. (Nasdaq: WPRT) (Toronto: WPT), a global leader in alternative fuel, low-emissions transportation technologies, reported financial results for the second quarter of fiscal 2009 ended September 30, 2008, and provided an update on operations.

"A record quarter for revenue, significant cash position, a proven, capital-efficient business model and partnerships and joint ventures established with some of the world's largest engine producers has Westport poised for further growth," said David Demers, Westport's CEO.

"Despite tough economic conditions, our international sales channels focused in vertical markets in government and municipal fleets are better positioned to weather the storm. Targeting niche markets, both domestically and internationally, where significant growth opportunities remain has successfully provided an economic diversity in our sales campaign. The recent sale to the Delhi Transport Corporation (DTC), our largest single order to date, is a prime example of our international reach where markets are still developing. We will continue to invest in our growth and product development as energy security and the direction to reduce dependency on foreign oil continues to drive interest for high performance engines running on clean domestically available natural gas."

Second Quarter Financial and Business Highlights

* Reported consolidated revenues of $39.0 million for the quarter ended September 30th compared to $21.2 million for the same period last year, an increase of 84%.

* Reported consolidated revenues of $64.5 million and $36.9 million for the six months ended September 30, 2008 and 2007 respectively, an increase of 75%.

* Reported net income of $0.7 million ($0.02 earnings per share) for the period ending September 30, 2008 compared to a net loss of $4.9 million ($0.19 loss per share) for the same period last year. During the quarter, Westport recognized $9.8 million in investment gains, net of taxes, on the sale of Clean Energy Fuels Corp. ("Clean Energy") shares.

* Reported a net loss of $2.8 million ($0.10 per share) compared to $9.6 million ($0.41 per share) for the six months ended September 30, 2008 and 2007, respectively.

* Reported a cash and short term investments balance as at September 30, 2008 of $96.8 million compared to $22.8 million as at March 31, 2008.

* Commenced trading on Nasdaq Global Stock Market in addition to successfully completing a US$54 million financing.

* Received an order from CleanAir Logix for liquefied natural gas (LNG) engines and fuel systems for heavy duty Trucks to be deployed at Port of Oakland

* Cummins Westport received order in Lima, Peru for over 200 natural gas bus engines; a new market.

* Received a Leadership Award at the 2008 Deloitte Technology Fast 50 Awards.

* Delivered 69 HD Trucks and reported a 184% increase in heavy duty business revenue in comparison to the same quarter last year.

Second Quarter Fiscal Year 2009 Financial Results in Detail

Westport's consolidated revenue for the three months ended September 30, 2008 was $39.0 million compared to $21.2 million for the three months ended September 30, 2007. The increase in revenue is due primarily to a significant increase in sales of CWI products combined with a $3.5 million increase in revenue for Heavy Duty fuel systems. For the six months ended September 30, 2008 and 2007 respectively, consolidated revenue was $64.5 million and $36.9 million, respectively, an increase of 75%. CWI accounted for $24.8 million of the $27.6 million increase with unit shipments of 2,468 fiscal year to date, up from 1,367 fiscal year to date September 30, 2007. Non-CWI revenues accounted for $2.8 million of the increase with 70 LNG systems shipped year to date compared to 33 LNG systems shipped same period last year.

Westport reported a net income of $0.7 million for the three months ended September 30, 2008 ($0.02 earnings per share), compared to a net loss of $4.9 million ($0.19 loss per share) in the same period in fiscal 2008. The improvement from net loss to net income is primarily due to the sale of short term investments in Clean Energy shares. During the quarter, Westport recognized $9.8 million in investment gains, net of taxes, on the sale of 790,800 shares for net proceeds of $14.2 million. Net loss without the benefit of the sale of Clean Energy shares is approximately $9.1 million.

For the six months ended September 30, 2008 and 2007, net loss was $2.8 million, or $0.10 per share, and $9.6 million, or $0.41 per share, respectively, with Westport's 50% share of CWI income after taxes for those periods $3.0 million and $1.8 million, respectively. Year to date, Westport has recognized $12.7 million in gains, net of tax, primarily from the sale of Clean Energy shares compared to $0.7 million in the prior year.

Westport's 50% share of CWI, on an after tax basis, was $1.4 million in Q209, up from $1.2 million in Q208. CWI gross margin percentages decreased from 31% to 25% primarily because of additional warranty reserves taken against the L Gas and C Gas plus and higher warranty accruals associated with the ISL G. Having recognized the future benefit of its remaining tax losses, CWI is also now recognizing tax expense. Non-CWI operating expenses (research and development, general and administrative and sales and marketing) were up $3.8 million Q209 versus Q208. The increase relates primarily to higher expenses associated with launching Westport's LNG systems for the heavy duty market such as Kenworth integration costs, assembly centre related operating costs, and sales and marketing expenses. In addition, during the quarter, Westport listed on Nasdaq, incurring additional listing fees, board expenses, insurance, legal, accounting and other costs. The Company's 49% share of the loss from Juniper Engines Inc. ("Juniper") was $0.5 million and $0.6 million for the three and six months ended September 30, 2008.

Westport's cash and cash equivalents balance as at September 30, 2008 was $96.8 million compared to $22.8 million as at March 31, 2008. In the six months ended September 30, 2008, Westport raised approximately $52.4 million in net proceeds from its Nasdaq initial public offering, $14.0 million in net proceeds from the issuance of debenture units, and $19.4 million from the sale of shares in Clean Energy. Cash from operations for the three months ended September 30, 2008 was $6.1 million compared to cash used of $1.5 million in the comparable period of the prior year. Westport spent $1.7 million on capital expenditures associated primarily with the establishment of the Westport Assembly Centre and expansion of office facilities during the quarter, and approximately $4.0 million on a year to date basis.

On July 21, 2008, Westport effected a 3.5:1 share consolidation of its issued and outstanding shares. As a result of the share consolidation and subsequent financing transaction in concert with the listing on Nasdaq, Westport had 32,024,930 Common Shares issued and outstanding as at September 30, 2008.

Cummins Westport Inc. (CWI) Business Unit Highlights

A) CWI revenue increased by $14.3 million to $33.3 million on 1,391 units shipped in Q209 from $19.0 million on 845 units shipped in Q208. CWI's gross margins increased to $8.4 million from $5.8 million on higher revenues.

B) In September, CWI received an order for over 200 CWI natural gas engines to equip new buses for transit providers in the capital city of Lima, Peru, a new market opportunity for CWI, with a growing market for natural gas vehicles and substantial indigenous supply of natural gas.

C) After the close of the quarter, CWI and Cummins India Limited announced an order for 3,125 natural gas engines, the largest order in CWI history, for Delhi Transport Corporation. The order is expected to be filled over the next 18 months.

Westport Global Heavy Duty Business Unit Highlights

Revenue for the heavy duty business has increased significantly to $5.4 million on 69 LNG systems shipped, which compares to $1.9 million in the prior year with 22 LNG systems shipped. Kenworth factory production for LNG trucks is on schedule for early 2009 along with the recent announcement of Peterbilt trucks launching 3 new LNG heavy duty truck models in mid-2009.

The San Pedro Bay Ports, including Los Angeles and Long Beach, initiated their clean trucks program on October 1st by banning pre-1989 trucks from port entry. With the concession program in place and financial incentives in place, Westport expects to see an increase in demand from port drayage fleets. Southern Counties Express, one of Westport's early adopters of LNG trucks and port customer, has now received all fifty trucks ordered earlier this year. In August, Westport received an order from Clean Air Logix for deployment at the Port of Oakland.

ZIPPI NETWORKS INCORPORATED (OTC: ZIPI)
"Up 12.12% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/ZIPI.php

Zippi™ Networks, Inc. (OTC: ZIPI), headquartered in San Jose, Calif., has created a revolutionary business process (three US Patents Pending), together with the ease of hand-held mobile technology, social networking, and the ability to recycle that empowers a new generation of online sellers. Founded in 2006, Zippi promises to engage consumers with an easy toll free telephone number designed to allow everyone an easy hassle free way of selling items online; by phoning 1-877-GO-ZIPPI an item owner can receive a quick "mini appraisal" through the "Ask Zippi" appraisal system. Zippi connects this appraisal with the appropriate Zipster (eBay seller) which handles the entire transaction. The strength of the eBay community resides in eBay's very own message "the power of all of us," until Zippi each and every eBay seller has been very careful not to give away selling secrets, creating competition within the eBay marketplace. Zippi embraces the power of many, allowing each "Zipster" to build teams on eBay with "Zippi TeamBuilder™" allowing a Zipster to scale earnings and eliminate competition by building team members, which has never been allowed within the eBay community, until now with Zippi.

ZIPI News:

November 3 - Zippi Adds Growth to Existing 'Zipster' Network as Listings, Products, and Revenue Build Momentum

Zippi Networks Inc. (OTC: ZIPI) announced that its latest and new "Certified Zipster," Ms. Sherrine Cancilla; she joins the Zippi Network as a current eBay Power Seller and VP at Silicon Valley-based Hewlett-Packard (HP) Corporation. Ms. Cancilla has brought the Discovery Bay California territory live and ready for Zippi business.

Sherrine Cancilla, "Certified Zipster," stated, "I found Zippi myself simply by searching and searching for this 'type' of opportunity. What a lucky day for me! I found Zippi, read all about the Company, searched it all over the internet and ended up signing up to be a 'Certified Affiliate' and Zipster within 24 hours and was selling within 72 hours. I have customers galore, regular commission checks, amazing tools and a company that backs me 100%; Zippi is a hidden treasure for those of us eBay sellers looking for a long-term commitment and a fast & informational way to list any type of item. The 'Ask Zippi' tool makes selling & listing a cinch and the information and reports it provides to us are invaluable to the business. From a partnership perspective, I'm proud to say that Zippi and I have only begun our long-term profitable relationship."

Robert A. Rositano Jr., CEO Zippi Networks, Inc., stated, "To see that existing eBay sellers such as Sherrine Cancilla have embraced what all of us at Zippi have put so much time, effort, and capital into building is just an extremely rewarding milestone as the company continues to show all the signs of yet another Silicon Valley success story in the making. Also realizing Ms. Cancilla has the entrepreneurial drive to hold a prominent VP-level position at Hewlett-Packard (HP), while at the same time seeking out and praising Zippi for the opportunity and support given to her is the ultimate validation that we are in the right place at the right time; with the right business model."

POWERSECURE INTERNATIONAL INCORPORATED (NASDAQ: POWR)
"Up 19.59% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/POWR.php

PowerSecure International, Inc. is focused on delivering value to utilities and their commercial, institutional, and industrial customers in the areas of Interactive Distributed Generation®, Utility Infrastructure, Energy Conservation and Efficiency, and Energy Services. PowerSecure’s core Distributed Generation business leads the energy management and conservation industry by enabling utilities avoid new investments in utility infrastructure for transmitting and distributing power, and locating the generation at business sites. PowerSecure is a pioneer in developing utility partnerships that provide utilities with dedicated electric power generation assets, and businesses with the most dependable standby power available in the industry. The Company’s intelligent Interactive Distributed Generation® monitoring systems, in conjunction with superior switching technology, manage load curtailment and peak demand to ensure that power is available when needed, and ensure maximum efficiencies are achieved. PowerSecure also provides utilities with regulatory consulting, power system and transmission engineering and construction, and conservation services, as well as providing businesses with energy efficiency products and services. The Company provides additional energy services to the oil and natural gas industry through its Southern Flow and WaterSecure business units.

POWR News:

November 6 - PowerSecure Reports $34 Million of Revenue, $0.17 of EPS for its Third Fiscal Quarter

Strong Results Realized Across Strategic Growth Areas, Driven by 86% Growth in Non-Publix Revenue

PowerSecure International, Inc. (Nasdaq: POWR) reported strong revenue and profit results for its third fiscal quarter of 2008. Third quarter 2008 revenues were $33.6 million, increasing 27.9% over the third quarter of 2007, with strong revenue growth realized across each of the Company’s strategic growth areas. Third quarter 2008 diluted earnings per share (“E.P.S.”), were $0.17, increasing 21.4% over the prior year period’s diluted E.P.S. from continuing operations, and up 13.3% over the prior year period’s diluted E.P.S. Third quarter year-to-date revenues were a record $109.1 million, increasing 46.9% versus the prior year period, and third quarter year-to-date diluted E.P.S. was a record $0.57, up $1.13 versus the prior year period. After adjusting for a $14.1 million non-recurring charge in the prior year period, third quarter year-to-date 2008 diluted E.P.S. of $0.57 increased 103.6% over the prior year period’s diluted E.P.S. from continuing operations, and was up 90.0%, over the prior year period’s diluted E.P.S. (see the non-GAAP financial measure reconciliation below).

The Company’s total revenue outside of its largest customer, Publix Super Markets, reached an all-time quarterly high of $25 million in the third quarter of 2008, and increased a substantial 86% over the prior year period. This result demonstrates the continuing progress the Company is achieving in diversifying and broadening its revenue base, driven by investments in new business development in the strategic growth areas of Distributed Generation, Utility Infrastructure, Energy Conservation and Efficiency, and Energy Services.

For the third quarter, each of the Company’s strategic growth areas posted year-over-year revenue gains, including:

1) Interactive Distributed Generation®: a 99% increase in Distributed Generation and NexGear revenue for customers other than Publix Super Markets, and a 7% increase in revenues overall (including Publix revenue).

2) Utility Infrastructure: a 128% increase in revenue from Utility Services, Federal, UtilityEngineering, and PowerServices business units.

3) Energy Conservation and Efficiency: a 199% increase in revenue from the Company’s EnergyLite and EfficientLights business units.

4) Energy Services: an 18% increase in revenue from the Company’s Southern Flow business unit. Additionally, the Company’s WaterSecure® business unit (which holds the Company’s investment in a water processing business serving natural gas producers, and is accounted for utilizing the equity method) also showed very strong results for the quarter, posting pre-tax income of $1.0 million, up 29% over the prior year period.

The Company’s third quarter of 2008 also represents its fifth consecutive quarter of year-over-year gross profit increases. Third quarter gross profit increased $2.8 million, or 34.1%, versus the prior year period. Additionally, gross profit as a percentage of revenue expanded 1.5 percentage points versus the prior year period, to 32.5%. $2.4 million, or 85%, of the gross profit increase was driven by the Company’s broad-based revenue gains, and $0.4 million, or 15%, of the increase was driven by a favorable mix of higher margin projects.

Third quarter operating expenses were $8.9 million, an increase of $2.3 million versus the prior year period. The increase was driven by investments in general and administrative infrastructure to support higher levels of revenue and projects, as well as sales and business development expense to drive future growth and broaden the Company’s revenue base. These investments were primarily made in late 2007 and the first quarter of 2008. Operating expenses decreased $1.1 million on a sequential basis (versus the second quarter of 2008). This decrease was a result of cost disciplines implemented during the Company’s second quarter of 2008, lower personnel costs, and decreases in sales expense from lower sequential revenues.

The Company also reported that its balance sheet and liquidity remain strong, with a third quarter ending cash position of $8.3 million, and its $25 million revolving credit facility undrawn and fully available to finance future growth opportunities.

Sidney Hinton, CEO of PowerSecure, said, “We are very pleased with our results this quarter, and our results have continued to exceed even our own high expectations. We are winning in a very difficult economic environment. This is a direct result of the terrific performance of our people and their dedication to delivering quality products and services to our customers. We will continue to focus on bringing solutions to the marketplace which solve utilities’ and businesses’ growing energy needs and deliver a strong return on investment. This formula is driving our success in each of our strategic growth areas, and we are very encouraged by the fact that we are posting strong growth ‘across the board’. We are particularly pleased with the success of our business diversification strategies. Of course, in this unprecedented challenging economic and capital environment, we remain prudently cautious about the near term. However, we strongly believe we are in the right place at the right time, and in our prospects for long-term profitable growth.”

The Company’s revenue backlog to be recognized after September 30, 2008 is $97 million. This includes project-based revenues projected to be recognized as projects are completed, and recurring revenue contracts which are projected to be recognized over the life of the contract.

EXIDE TECHNOLOGIES (NASDAQ: XIDE)
"Up 7.54% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/XIDE.php

Exide Technologies, with operations in more than 80 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's four global business groups — Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World — provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications. Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.

XIDE News:

November 6 - Exide Technologies Announces New Leader for Transportation Europe Division

Exide Technologies (Nasdaq: XIDE), a global leader in stored electrical-energy solutions, announced that Michael Ostermann has accepted the Company's offer to lead the Transportation Europe division, and is expected to assume his responsibilities as President, Transportation Europe, no later than January 2, 2009.

Reporting to Exide's Executive Vice President and Chief Operating Officer EJ O'Leary, Mr. Ostermann will be responsible for the commercial and operational aspects of the division as well as the overall profitability of the business. He will be based at the Exide Transportation Europe headquarters in Gennevilliers, France.

He succeeds Rodolphe Reverchon, who served Exide as President, Transportation Europe, from May of 2005 to September of 2008. Until Mr. Ostermann assumes his new position at Exide, Joel Campbell will continue serving the Company as Interim President for the Transportation Europe division.

Mr. Ostermann brings a broad range of automotive industry and operations experience to his new position at Exide. Since 2005, he has served Frauenthal Holding AG in a number of capacities, including Management Board Member and Managing Director with full divisional responsibility for the Company's Automotive Components sector. Frauenthal is a Tier 1 supplier of leaf springs, suspension arms, stabilizers, braking system air reservoirs and U-Bolts to all of the commercial vehicle manufacturers in Europe.

While at Frauenthal, Mr. Ostermann was responsible for establishing the company's Automotive Division and for leading the integration of a dozen decentralized production locations. He also was instrumental in formulating and streamlining Frauenthal's lean organization, accomplishing both a reduction in overhead and an increase in operational productivity.

Prior to his three years at Frauenthal, he held a number of positions at Styria, a leading European manufacturer of leaf springs and stabilizer bars for commercial vehicles and trailer axles.

Mr. Ostermann holds a Machine Construction Degree with a focus on manufacturing technology and a Diplom-Ingenieur (German equivalent of a Master of Science Degree) from Fachhochschule (University of Applied Sciences) in Dusseldorf, Germany.

“Michael's wide-ranging experience in both the automotive industry and change management discipline make him a tremendous asset to the Exide leadership team, and we look forward to his implementation of initiatives designed to enhance quality and drive profitability,” said EJ O'Leary. “Our strategy calls for a relentless focus on integration of branding, moving closer to our customers and establishing an even greater cohesion across our European Transportation business, and Michael will be instrumental in leading these efforts for the division.”

DECODE GENETICS INCORPORATED (NASDAQ: DCGN)
"Up 21.99% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/DCGN.php

deCODE is a biopharmaceutical company applying its discoveries in human genetics to the development of diagnostics and drugs for common diseases. deCODE is a global leader in gene discovery — our population approach and resources have enabled us to isolate key genes contributing to major public health challenges from cardiovascular disease to cancer, genes that are providing us with drug targets rooted in the basic biology of disease. Through its CLIA-registered laboratory, deCODE is offering a growing range of DNA-based tests for gauging risk and empowering prevention of common diseases, including deCODE T2™ for type 2 diabetes; deCODE AF™ for atrial fibrillation and stroke; deCODE MI™ for heart attack; deCODE ProCa™ for prostate cancer; deCODE Glaucoma™ for a major type of glaucoma. deCODE is delivering on the promise of the new genetics.

DCGN News:

November 6 - deCODE genetics Announces Third Quarter 2008 Financial Results

deCODE Genetics Inc. (Nasdaq: DCGN) announced its consolidated financial results for the quarter ended September 30, 2008. A conference call to discuss the quarter's results, recent operating highlights and a strategic update will be webcast live tomorrow, Friday, November 7, at 8:00am EST/1pm GMT (details below).

Operating loss for the third quarter 2008 was $11.3 million, compared to $22.2 million for the third quarter 2007. Operating loss for the first nine months of 2008 declined to $44.4 million from $65.7 million for the first nine months of 2007.

Net loss for the quarter ending September 30, 2008 was $17.9 million, compared to $24.2 million for the third quarter 2007. Net loss for the first nine months of 2008 was $62.9 million, compared to $63.1 million for the first nine months of last year. In addition to operating loss, net loss figures for the periods presented include interest expense and, in the 2008 periods, unrealized loss resulting from the revaluation of the company's auction rate securities investments. The nine-month figure for 2007 also includes a one-time payment deCODE received related to the settlement of an intellectual property suit.

Basic and diluted net loss per share was $0.29 for the third quarter 2008, compared to $0.40 for the same quarter in 2007. For the first nine months of 2008, basic and diluted net loss per share was $1.03, unchanged from that for the first nine months of last year. At the close of the third quarter 2008, the company had approximately 61.8 million shares outstanding.

Revenue for the third quarter this year was $12.0 million, compared to $10.9 million for the same period a year ago. For the first nine months of 2008, revenue was $42.0 million, compared to $27.1 million for the same period last year. As of September 30, 2008, the company had $17.7 million in deferred revenue that will be recognized over future reporting periods. The period-on-period increase in revenue for the third quarter and first nine months of 2008 was driven principally by growth in the company's genomic services business, which includes the company's diagnostics, deCODEme(TM) personal genome analysis, and contract genotyping businesses.

Research and development expense was $5.7 million for the third quarter of this year, compared to $14.1 million for the same period last year. For the first nine months of 2008, R&D expense was $26.3 million, compared to $41.3 million for the first nine months of 2007. Our research and development expense in the first nine months of this year reflects the conclusion of clinical pharmacology studies in our most advanced drug development programs, preparations for the IND filing for our PDE4 modulator DG071, the launch of our prostate cancer, glaucoma and breast cancer tests, and the advancement of gene and target discovery work in a range of major disease areas.

Selling, general and administrative expense for the third quarter of 2008 was $6.7 million, compared to $7.1 million for the 2007 period. For the first nine months of the year, SG&A expense was $21.0 million in 2008 and $19.4 million in 2007.

At September 30, 2008, the company had liquid funds available for operating activities (cash and cash equivalents together with current investments) of $11.8 million, as compared to $23.7 million at June 30, 2008 and $64.2 million at December 31, 2007. The net utilization of liquid funds in the three and nine-month periods ended September 30, 2008 was $12.0 million and $52.4 million, respectively. At September 30, 2008, the company had $35.5 million in cash, cash equivalents and investments, comprised of the $11.8 million in cash and cash equivalents, as well as $5.5 million in restricted investments in U.S. Treasury Bills and $18.2 million in illiquid, non-current investments in auction rate securities. At December 31, 2007, the company had $94.1 million in cash, cash equivalents, restricted cash equivalents, and investments.

The company is undertaking a review of its long-term business strategy with the goal of sharpening the focus of its business, selling assets, securing partnerships, and utilizing the resources generated to support product development and marketing efforts in its core business. The company has utilized a 30-day grace period for the scheduled October 15 interest payment on its 3.5% Senior Convertible Notes due 2011 and is reviewing methods for making this payment. Given its current liquid assets, and without paying the interest on its Notes from its present funds, the company must obtain further financial resources through either the implementation of strategic alternatives, corporate partnerships, or the sale of or loans secured by its auction rate securities in order to continue operations beyond the end of this year. The company is focused on reducing expenses and speeding the evaluation of its strategic options in order to obtain the resources to do so.

deCODE has significant operations in Iceland and pays a large proportion of its fixed costs in Icelandic krona, while its sales are generally denominated in US dollars and its reporting currency is the US dollar. During the third quarter and beginning of the fourth quarter the global financial crisis caused significant economic turmoil in Iceland. As a result, the value of the Icelandic krona has declined significantly versus the US dollar. The turmoil in the Icelandic financial sector and economy as a whole have not to date had any significant adverse impact on deCODE or its day to day operations. deCODE is monitoring closely the situation in Iceland, the principal impact of which for the company has been to decrease the dollar value of our krona-denominated costs. deCODE's most significant operating expenses denominated in krona include salaries and rental payments on our leased facilities and capital equipment. In as far as the krona decreases in value versus the U.S. dollar that portion of our overall operating expenses that are payable in krona will decrease.

"Over the past few months we have continued to bring forward new products for treating and preventing common diseases. Utilizing the expertise of our protein crystallography and medicinal chemistry units we have filed an IND on an exciting new PDE4 modulator for Alzheimer's disease that has the potential to avoid some of the side effects of earlier compounds. We have also just launched the first DNA-based test for risk of the common forms of breast cancer, a test which promises to improve the way in which we target intensive screening and thus to catch more cancers earlier. At the same, in a global economic climate in which there is limited access to capital for companies of our size, we believe that the best way to develop and capture the value of our capabilities and product portfolio is to sharpen the focus of our business. We are therefore in the process of reviewing our long-term strategy and will be sharing with you the results of this process in the weeks ahead," said Kari Stefansson, CEO of deCODE.