OTCPicks.com

For Thursday, December 4th

CPRK, SMAS, MVSR, TSLI, SSVE, PGOG
PRKR, DXCM, PLAB, ETLY, RAMR, OGXI

Our Stocks to Watch today include Copper King Mining Corp. (OTC: CPRK), Somatic Systems Inc. (OTC: SMAS), Medivisor Inc. (OTC: MVSR), TapSlide Inc. (OTCBB: TSLI), SupportSave Solutions Inc. (OTCBB: SSVE), Perf Go Green Holdings Inc. (OTCBB: PGOG), ParkerVision Inc. (Nasdaq: PRKR), DexCom Inc. (Nasdaq: DXCM), Photronics Inc. (Nasdaq: PLAB), ECOtality Inc. (OTCBB: ETLY), RAM Holdings Ltd. (Nasdaq: RAMR) and OncoGenex Pharmaceuticals Inc. (Nasdaq: OGXI).

FEATURED COMPANY

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COPPER KING MINING CORPORATION (OTC: CPRK)
"Up 7.14% in morning trading"

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

Company Profile:
www.otcpicks.com/copper-king-mining/copper-king-mining.htm

Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.

CPRK News:

December 3 - Copper King Restructures Senior Debt to Allow for Strengthened Balance Sheet from Operating Cash Flow

Copper King Mining Corporation (OTC: CPRK) ("Copper King") announced that it has reached an agreement in principle with its senior debt holders for an extension of the date for payoff until January 1, 2010, more than a full year following the expected start-up of milling operations. The restructuring will allow the Company time to establish stable cash flows from production and for the arrangement of permanent financing to replace the current secured debt. The agreement is subject to the finalization and execution of definitive documentation. The company now plans to reach similar agreements with junior debt holders.

Expected Cash Flow and Strengthening of Balance Sheet

With cash flows expected to begin in early 2009, the company will evaluate a number of options to strengthen its balance sheet and capital structure. In addition to the payoff of existing debt with more favorable permanent financing, the company will also consider pursuing open market buy-backs and retirement of outstanding stock in order to provide a tighter capital structure. The company anticipates that the increasing cash flow, stronger balance sheet and tighter capital structure will engender a more stable trading market for its securities and also allow the company to pursue a formal exchange listing.

At the same time, the company has also tracked a number of reductions in its projected operating costs that will correspond to reduced metal prices. The cost reductions will serve to soften the impact of the current lower copper, silver, gold and other metal prices. Notably, reduced fuel and materials costs are expected to be realized in the company’s operations. The company believes that actual demand for copper and all other commodities is strong and will increase. Further, the potential for inflation, once credit and election uncertainties are eased, will put significant upward pressure on metal prices. The company therefore believes that, as it moves into the production phase on its Hidden Treasure Mine, metal prices will recover upward toward their recent highs and perhaps begin to move even higher.

Recent Exploration Success and Upside Potential

In addition, the company believes that the high-grade ore at its Hidden Treasure Mine (in excess of 2% copper with additional credits for silver, gold, molybdenum and magnetite) will also serve to keep its operating costs among the lowest in the industry on a per pound of copper basis.


FEATURED COMPANY

QMCI

SOMATIC SYSTEMS INCORPORATED (OTC: SMAS)

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

Company Profile:
http://www.otcpicks.com/somatic-systems/somatic-systems.htm

Somatic Systems is the worldwide center for Clinical Somatics™, the groundbreaking drug-free, non-surgical approach to pain relief. This proprietary system uses natural, non-invasive movement techniques — conducted through one-hour hands-on sessions, therapeutic exercises classes, and home exercises lasting as little as 5 minutes a day — to relieve pain and limitation resulting from accident, trauma and repetitive stress, including back pain, knee pain, joint problems, carpal tunnel syndrome, TMJ, scoliosis, bursitis, sciatica, headaches, tendonitis and more. Clinical Somatics™ also provides performance gains and injury prevention for casual and professional athletes. Somatic Systems is pursuing a 3-part growth strategy, consisting of a nationwide rollout of pain management Somatics Clinics; increased production and distribution of therapeutic videos, books, and other retail self-help Somatics Products; and expanded Somatics Training Programs to supply Clinic practitioners serving medical and orthopedic professionals and institutional and corporate programs. The company operates a suite of web sites offering Somatics information, products, resources and opportunities at www.somatics.org.

SMAS News:

December 4 - Somatic Systems, Inc. Featured on International Financial Industry Television Show

Somatic Systems, Inc. (OTC: SMAS) will be featured on MoneyTV, the nationally and internationally syndicated financial industry television program featuring interviews and profiles of exciting emerging public and private companies. Somatic Systems CEO Steven Aronstein will appear on MoneyTV in a special interview today, for broadcast on this week's episode.

The episode will air in the United States on Saturday, December 6th at 11:00 AM ET as well as 1:00 PM ET. It will also air Sunday, December 7th at 8:30 AM ET, 9:30 AM ET, 3:30 PM ET, and 8:30 AM PT. The program will be repeated on multiple US stations at various times throughout every day of the week of Monday, December 8th through Friday, December 12th.

MoneyTV broadcasts to over 70 million US households, on various channels throughout the country, on cable television, DISH Network, DirecTV, and satellite systems. Regional broadcasts of MoneyTV include Colorado, Louisville, KY, Florida, Phoenix, and Southern California. It also broadcasts to the Virgin Islands, Puerto Rico, the Bahamas, and the 21 Caribbean Territories.

Additionally, MoneyTV broadcasts twice weekly to 48 million homes in Western Europe on two stations as well as North Africa. The program is also broadcast in Asia on the Familyland TV Network.

Somatic Systems is currently featured on the nationally syndicated television program, "Health Forum," being broadcast 50 times across the US, including airings on Women's Entertainment Television (WE tv) and the Travel Channel. This new appearance on MoneyTV broadens Somatic Systems' growing television presence from scientific and consumer audiences to financially focused television markets as well.

Specific channels and airtimes for this week's MoneyTV featuring Somatic Systems can be found at http://somatics.org/investors/media/moneytv, as well as at www.moneytv.net/tvguide.htm.


FEATURED COMPANY

QMCI

MEDIVISOR INCORPORATED (OTC: MVSR)
"Up 33.33% in morning trading"

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

Company Profile: http://www.otcpicks.com/medivisor/medivisor.htm

Medivisor, Inc. provides medical information to healthcare professionals, primarily physicians, through its Web sites, using inter-active, informational, and video and graphic presentations. It also focuses on offering Web site services to various industries seeking direct access to physicians, including providers of continuing medical education courses; sponsors of medical conferences and seminars; and pharmaceutical companies, using an online marketing format known as e-detailing. The company was founded in 2002 and is headquartered in Huntington Station, New York.

MVSR News:

November 19 - Medivisor, Inc. Reaches Marketing Agreement for NICLite®, a Smoking Alternative Drink

Medivisor, Inc. (OTC: MVSR), developer of next-generation focus driven marketing tools, sales strategies, and distribution platforms, announced that it has entered into an agreement with The Curry Group, agent for Nico Worldwide Inc., for the sale and marketing of NICLite®. NICLite® is an alcohol-free Smoking Alternative Drink that is registered with the FDA as a Homeopathic Nicotinum Complex Formula.

Over 2.5 billion people (close to half the world's population) smoke cigarettes. This includes an astounding 48.2 million Americans. Throughout the world, legislation is demanding a ban on smoking. As confirmed in the New England Journal of Medicine, nicotine is a naturally occurring compound. It is found in common foods and vegetables such as potatoes, tomatoes, cauliflower, eggplant, chili peppers, and some types of tea. The World Health Organization has estimated that tobacco smoke contains over 4,000 chemicals, of which nicotine is just one. In addition to tar, there is also carbon monoxide (found in car exhaust fumes), ammonia (found in floor cleaner) and arsenic (found in rat poison). At least 43 of the chemicals in tobacco smoke are known to cause cancers of the lung, throat, mouth, bladder and kidneys. Tobacco smoke also contributes to a number of other cancers.

NICLite® contains a purified organic nicotine molecule in a Complex Homeopathic Formula, which will go into equal suspension in 8 ounces of pharmaceutical grade water. Nico Worldwide Inc. developed NICLite® as a smoking alternative for when people can't smoke, shouldn't smoke or choose not to smoke, and to reduce the craving for tobacco.

"With an increasing number of places and countries banning smoking, NICLite® offers people a real alternative, and the ability to live life smoke free," stated Dino Luzzi, president of Medivisor, Inc. "The potential marketplace for this product is almost limitless."


FEATURED COMPANY

QMCI

TAPSLIDE INCORPORATED (OTCBB: TSLI)

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

Company Profile: http://www.otcpicks.com/tapslide.htm

TapSlide is set to become the world's leading publisher of iPhone, Android, and Symbian mobile applications. The company combines the industry's best mobile application developers with in-depth technical knowledge of touch-screen application development and a highly creative team of designers specializing in the creation of applications for the advertising and promotions industries. TapSlide specializes in private labeled mobile applications and application publishing services for the new breed of touch screen mobile phones. TapSlide's senior management team has created numerous past successes providing white-label technology solutions to Fortune 500 companies. The list of past successes reads like a who's-who of the technology, automotive, and publishing industries and includes (but not limited to): HP, Dell, T-Mobile, Sprint, Verizon, iRobot, Nokia, Samsung, Archos, Volvo, Mini Cooper, Thule, Nalgene, Maxim Magazine, Blender Magazine, Tiger Beat & Bop Magazines, SoBe Beverages, Americas Top Model TV Show, Best Buy, RadioShack and Blockbuster. Visit www.TapSlide.com for more information about TapSlide.

TSLI News:

November 17 - TapSlide and Global Wireless Entertainment Announce Strategic Partnership To Develop iPhone and Google Android Mobile Applications

Partnership to Deliver TapSlide Created Mobile Games and Applications for the Apple iPhone and Google Android Platforms, Based on GWE's Broad Portfolio of Licenses and Brands

TapSlide (OTCBB: TSLI) and Global Wireless Entertainment (GWE) announced a strategic partnership to explore the development of mobile games and applications for the new generation of touch screen phones based on the iPhone and Google Android platforms. As part of the partnership GWE will research its broad stable of licenses and brands under management and identify which ones will be best suited for TapSlide to develop into mobile applications and games. TapSlide will extend the GWE portfolio of licenses and brands into the new realm of touch screen phones running the latest operating systems from Apple and Google. The partnership will focus on building, marketing and deploying games and applications that utilize the Apple iPhone and Google Android mobile platforms, with a focus on touch screen mobile phones.

"We are very excited to be working with GWE in creating mobile applications for some of their brands," said Mike Stemple, CEO of TapSlide. "Paul and his team at GWE bring a wealth of knowledge and connections to TapSlide and we look forward to some very exciting developments from this partnership."

"Mike Stemple is an industry visionary and has proven that he can create successful products and companies," said Paul Buss, CEO of GWE. "I was so impressed with his last company Skinit.com and the revenue creation it brought for our licenses and brands that we purchased it and made it a part of GWE."

Specific TapSlide/GWE mobile games and applications will be announced in the coming months.

ABOUT GLOBAL WIRELESS ENTERTAINMENT / SKINIT INC.

Global Wireless Entertainment is the parent company to San Diego-based company Skinit, Inc. Skinit is the market leader in mobile consumer electronics personalization with its unique offering of customized, branded (NFL, MLB, NBA, NHL, Collegiate, Disney, Warner Bros, Lucas Arts and many more) and graphic stock designs that total over four million SKUs. Skinit provides leading OEMs, wireless carriers, MVNOs and distributors with turnkey personalization platforms that increase product differentiation, sales velocity, margins and brand impressions. For channel partners, Skinit offers unparalleled capabilities in on-demand manufacturing, fulfillment, supply chain, image portfolio and product line extensions. On the business-to-consumer end, Skinit offers the ultimate in personalization with its Customizer program, enabling end-users to upload, customize, and create their own skins. Skinit's photo quality removable skins made from exclusive 3M Scotchprint graphics are customized to fit consumer electronic devices including mobile handsets, MP3 players, desktop and laptop computers, gaming consoles, routers, and monitors. To learn more about Skinit, visit www.skinit.com.


FEATURED COMPANY

QMCI

SUPPORTSAVE SOLUTIONS INCORPORATED (OTCBB: SSVE)

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

Company Profile: http://www.otcpicks.com/supportsave-solutions.htm

SupportSave Solutions, Inc. provides offshore business process outsourcing (BPO) services primarily to the United States based clients from its facilities in the Philippines. Its BPO services include customer management, transcription and captioning, processing services, human resources, procurement, logistics support, finance and accounting, engineering, facilities management, information technology, and training. The company also offers credit application processing, mortgage processing, and title searches and data verification services. In addition, it conducts product and fraud detection; manage refunds, warranties, and applications; and offers preparations for serving legal papers. SupportSave Solutions serves small and mid-sized companies in the healthcare, communication, business services, financial services, publishing, and travel and entertainment industries. The company was founded in 2007 and is based in Alamo, California.

SSVE News:

November 24 - SupportSave Opens New Office to Support Customer Demand

SupportSave Expands Sales and Marketing Efforts; Office in Boca Raton, Florida

SupportSave Solutions, Inc. (OTCBB: SSVE), a provider of Business Processing Outsourcing ("BPO") services from the Philippines and the U.S., announced the opening of its new office in Boca Raton, Florida. The addition of the new office will extend SupportSave's market reach and provide additional support and services that are critical to the company's expanding customer base and partner channel.

In the past year, SupportSave has experienced increasing demand for its products and services showing a revenue growth rate of nearly 400%. During the past two years, due to the consistent increase in sales and ongoing development of the company's partner channel, SupportSave strategically grew staff levels to approximately 200 employees and grow its operations center in the Philippines to meet this demand. While continuing to build its infrastructure, the Boca Raton, Florida office will provide additional sales and services resources.

As the company grows, SupportSave's concentration still hinges on providing cost effective services for their customers and partners. Aina Dumlao, chief operating officer at SupportSave, commented, "SupportSave's focus has always been on understanding the client, their environment and the services that they need, whether it is customer service, technical support or back office services." Dumlao continued, "We are committed to ensuring the success of our customers and partners by offering a high quality low cost service model. The Boca Raton office is the next step in advancing that model to meet business demands today, tomorrow and long into the future."

"We are very excited about our year over year growth," stated Chris Johns, chief executive officer at SupportSave. "The continued weakness in the U.S. economy is driving businesses to seek cost effective solutions to keep their businesses relevant and viable while still providing customers the highest levels of support. We have never had such a robust pipeline in our history and this sales office will give us the ability to complete the sales cycle and accelerate our growth," added Johns.

"We chose Boca Raton because of the many talented financial and mortgage professionals displaced by the financial crisis and the ability to attract and retain these sales professionals with our lucrative residual income model. With just modest success, we believe our sales professionals will be earning six figure incomes within a year without cutting into the companies bottom line," continued Johns.

Opening a domestic sales office further demonstrates the counter cyclical nature of SupportSave's business. While other companies are shedding jobs, the Outsourcer is actually adding to its ranks in the U.S.


FEATURED COMPANY

QMCI

PERF GO GREEN HOLDINGS INCORPORATED (OTCBB: PGOG)
"Up 5.71% in morning trading"

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:

November 24 - Perf Go Green Enters Canadian Market Through Partnership With Diversified Brands

Perf Go Green Holdings, Inc. (OTCBB: PGOG), a marketer and distributor of biodegradable plastics, announced a partnership with Diversified Brands to broker and represent Perf Go Green to retailers throughout Canada.

Founded in 2004, Diversified is a brand development and marketing company with offices in Vancouver, British Columbia and Ajax, Ontario. The firm was recognized in 2007 and 2008 in Profit Magazine's “Hot 50,” which ranks the fastest growing companies in Canada each year.

“This is a great new opportunity for Perf Go Green,” said Chairman and CEO Tony Tracy. “Diversified's management team has a total of 80 years of experience in the Canadian retail market. Their full line of services, combined with their enthusiasm for our mission of protecting the environment, will be a perfect complement to the marketing efforts we already have in place in the U.S.”

Geoff Acheson, CEO of Diversified Brands, added, “We specialize in using our network of relationships with retailers of all sizes to introduce select new brands to the Canadian marketplace and help them grow their presence. Canadians are especially interested in earth-friendly products so we're confident that Perf Go Green will be a big hit with both the nation's retailers and consumers.”

Founded in November 2007, Perf Go Green premiered at the March 2008 International Home and Housewares Show in Chicago, where its products were honored for their design quality and innovation. Since Perf Go Green's products began shipping in June 2008, they have become available online and nationwide in the U.S. at stores with a total of more than 18,000 retail outlets.

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

PARKERVISION INCORPORATED (NASDAQ: PRKR)
"Up 68.94% in morning trading"

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

ParkerVision, Inc. designs, develops and sells its proprietary RF technologies which enable advanced wireless communications for current and next generation mobile communications networks. Its solutions for wireless transfer of radio frequency (RF) waveforms enable significant advancements in wireless products, addressing the needs of the cellular industry for efficient use of power, reduced cost and size, greater design simplicity and enhanced performance in mobile handsets as the industry migrates to next generation networks. ParkerVision is headquartered in Jacksonville, Florida.

PRKR News:

December 4 - ParkerVision, Inc. and LG Innotek Enter into Joint Development Agreement

LG Innotek to Incorporate ParkerVision's RF Technology into Multi-Mode Wireless Modules with Product Launch Targeted in Second Half of 2009

ParkerVision, Inc. (Nasdaq: PRKR) announced that it has entered into a joint development agreement with LG Innotek, a division of the LG Group and a global market leader in the manufacture and sale of key electronic components. Under the terms of the agreement, ParkerVision will supply unpackaged RFICs that incorporate the company's proprietary d2p(TM) and d2d(TM) technologies, for the reception, transmission and amplification of RF carrier signals. LG Innotek will incorporate these RFICs into multi-mode wireless modules for sale by LG Innotek to their customer base of mobile handset and wireless data card manufacturers.

ParkerVision and LG Innotek have jointly specified the program as a multi-mode, multi-band HEDGE module supporting GSM, EDGE, WCDMA and HSPA standards with a targeted product launch in the second half of 2009. Industry forecasts predict that HEDGE mobile handsets will represent shipments of approximately 80.2 million units annually in 2009, growing by 132% to 186.1 million units annually in 2010. (Source: ABI Research 3Q 2008 — Mobile Devices Market Forecast Analysis, World Handset Shipments by Technology)

Jeffrey Parker, CEO and Chairman of ParkerVision, commented, "We are pleased to partner with LG Innotek to supply multi-mode wireless modules for their significant customer base. The development efforts under this agreement align nicely with our current product roadmap. While supplying RFICs is a departure from our intellectual property licensing model, we believe the efforts we have made to date in developing prototype RFICs for current and prospective customers enables an aggressive time to market scenario. Ultimately, this agreement helps us achieve our goal of becoming a significant player in the 3G mobile handset market."

J.S. Park, CTO, of LG Innotek, commented, "ParkerVision's technologies were selected by LG Innotek based on their unique multi-mode capabilities combined with superior efficiencies. ParkerVision shares our philosophies of quick implementation and quality customer service and we look forward to a long-term, successful relationship. We look forward to bringing our customers the smallest complete HEDGE radio module available in the market enabling them to meet their goals for size, cost, and performance.

ParkerVision will host a conference call to discuss the agreement on Monday, December 8, 2008 at 9:00 AM Eastern time. The conference call will be accessible by telephone at 877-718-5092 (no passcode required) and participants are advised to dial-in at least five minutes before the scheduled start time. The replay of the conference call will be available for seven days by telephone at 888-203-1112 or 719-457-0820 using passcode 4533306 and accessible by webcast via the Internet at www.parkervision.com for a period of 90 days.

ABOUT LG INNOTEK

Founded in 1970, LG Innotek Co., Ltd, a division of LG Group, is a global market leader in the manufacture and sale of key electronic components and modules in the areas of digital information-based mobile communications, displays, networks and car electronics. LG Innotek's products include: LCD modules, LEDs, Camera modules, Power modules, Digital Tuner and Wireless Communication modules.

The company has its headquarters in Seoul, Korea with sales and development offices around the world. LG Innotek has generated annual sales of over US$1.4 billion to customers such as LG Electronics, Motorola, Nokia, Sharp and Sony.


DEXCOM INCORPORATED (NASDAQ: DXCM)
"Up 38.19% in morning trading"

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

DexCom, Inc., headquartered in San Diego, California, is developing and marketing continuous glucose monitoring systems for use by patients at home and by healthcare providers in the hospital.

DXCM News:

December 1 - DexCom™ Receives CE Mark Approval for the SEVEN® Continuous Glucose Monitoring System

DexCom, Inc. (Nasdaq: DXCM) announced that it has received CE Mark (Conformité Européene) approval for the SEVEN®, its seven-day continuous glucose monitoring system, enabling commercialization of the system in the European Union and the countries in Asia and Latin America that recognize the CE Mark.

The SEVEN is DexCom’s second generation device designed to help people with diabetes better manage their diabetes and control their glucose levels. Widely recognized as one of the leading causes of death and disability globally, diabetes is a chronic disease with no known cure that afflicts an estimated 246 million people worldwide, according to the International Diabetes Federation. Diabetes is a leading cause of adult blindness, end stage kidney failure and lower limb amputations. People suffering from diabetes are also more significantly at risk for cardiovascular disease and stroke.

“We are pleased to have CE Mark approval for the SEVEN and we look forward to working with physicians, nurses and diabetes educators to bring this important technology to patients around the world,” said Terrance H. Gregg, DexCom President and Chief Executive Officer. “We are particularly pleased with the timing of this approval in light of the excitement surrounding continuous glucose monitoring we saw at the European Association for the Study of Diabetes (EASD) meeting this summer in Rome. We hope to initiate a limited launch of SEVEN in Europe before the end of 2008 and a more robust launch in 2009.”

As a reminder, DexCom will present an update on the company at the Piper Jaffray 20th Annual Health Care Conference in New York on Tuesday, December 2, 2008, at 3:00 p.m. (EST). The presentation, which will occur live at the New York Palace Hotel in New York, will be concurrently webcast. The link to the webcast will be available on the DexCom, Inc. website at www.dexcom.com under the investor webcast section and will be archived for future reference.


PHOTRONICS INCORPORATED (NASDAQ: PLAB)
"Up 46.32% in morning trading"

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

Photronics is a leading worldwide manufacturer of photomasks. Photomasks are high precision quartz plates that contain microscopic images of electronic circuits. A key element in the manufacture of semiconductors and flat panel displays, photomasks are used to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits, a variety of flat panel displays and, to a lesser extent, other types of electrical and optical components. They are produced in accordance with product designs provided by customers at strategically located manufacturing facilities in Asia, Europe, and North America.

PLAB News:

December 4 - Photronics Amends $155 Million Revolving Credit Agreement and Delays Release of its Fiscal Year 2008 Results

Photronics, Inc. (Nasdaq: PLAB), a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, announced that it has amended its $155 million Revolving Credit Agreement (the “credit agreement"). Under the amendment, the Company has through December 12, 2008 to finalize revised terms and conditions of the credit agreement. The Company also announced it will delay the release of its financial results for the fourth quarter and fiscal year for the period ended November 2, 2008.

Photronics, Inc. expects to announce operating results for the fourth quarter of its 2008 fiscal year with revenue of $103.3 million, up 1.7%, compared to $101.6 million for the fourth quarter of 2007. Semiconductor photomasks are expected to account for $77.5 million or 75.0% of revenues during the fourth quarter of fiscal 2008, while flat panel display (FPD) photomask revenues are projected to be $25.8 million or 25.0% of revenues. The Company also expects to report operating income for the quarter due to further improvements in reducing its estimated revenue level to achieve breakeven operating income from previous guidance of $105 - $106 million to below $103 million in revenue.


ECOTALITY INCORPORATED (OTCBB: ETLY)
"Up 29.03% in morning trading"

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

ECOtality, Inc. (OTCBB: ETLY), headquartered in Scottsdale, Arizona, is a leader in clean electric transportation and storage technologies. Through innovation, acquisitions, and strategic partnerships, ECOtality accelerates the market applicability of advanced electric technologies to replace carbon-based fuels.

ETLY News:

December 4 - eTec Minit-Charger Celebrates 10-Year Anniversary

Electric Transportation Engineering Corporation (eTec), a wholly owned subsidiary of ECOtality, Inc. (OTCBB: ETLY), a leader in clean electric transportation and storage technologies, today announced the ten-year anniversary of the first commercial installation of eTec’s Minit-Charger fast-charge technology. Initially developed to fast-charge electric vehicles, the technology has applications in various electric-power operations and is currently used in material handling, low-speed electric vehicles and airport ground support operations. December 2008 marks the ten-year anniversary of Minit-Charger’s first commercial installation for material handling operations. The initial installation also remains the longest-running fast-charge operation to date.

“With over 4,800 charging stations in operation in over 270 facilities in North America, eTec Minit-Charger has powered more than 90 million operational hours, and is the most advanced and reliable fast-charge technology,” said Kevin Morrow, Executive Vice President of eTec Minit-Charger. “By transitioning from battery-swapping operations to the eTec Minit-Charger system, our clients experience immediate cost savings, improved worker safety, and increased productivity. As the pioneering fast-charge technology, Minit-Charger has powered the material handling needs of Fortune 500 companies for over a decade, and has proven that fast-charging is the safest, most reliable, and most economic power choice for mobile vehicles. Through our unparalleled fast-charging experience, we remain the most qualified provider of charging stations for material handling and on-road electric vehicle applications.”

Traditional material handling operations consist of swapping 2500-pound batteries out of equipment and replacing them with freshly charged batteries - a time-consuming process that slows operations, requires dedicated battery-charging and swapping areas, numerous spare batteries and poses obvious safety concerns. Utilizing eTec’s Minit-Charger systems, material handling operations can recharge lift-truck batteries in convenient 10- to 15-minute periods (i.e. breaks, shift changes or lunch), eliminating the need for handling heavy batteries, reducing the amount of batteries purchased, and saving valuable floor space. By transitioning to eTec Minit-Charger from a battery-swapping process, warehouses and distribution centers typically experience a 40% annual cost savings and recover over 250 annual operating hours per truck.


RAM HOLDINGS LIMITED (NASDAQ: RAMR)
"Up 11.44% in morning trading"

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

RAM Holdings Ltd. is a Bermuda-based holding company. Its operating subsidiary RAM Reinsurance Company Ltd. provides financial guaranty reinsurance for U.S. and international public finance and structured finance transactions. More information can be found at www.ramre.com.

RAMR News:

December 1 - RAM Holdings Announces Commutation of $10.6 Billion Par MBIA Portfolio Including $6.8 Billion Par of Structured Finance Transactions

RAM Holdings Ltd. (Nasdaq: RAMR) announced that its operating subsidiary, RAM Reinsurance Company Ltd. ("RAM Re") has entered into a Commutation Agreement, effective November 30, 2008, to commute its entire $10.6 billion portfolio of business assumed from MBIA Insurance Corporation and affiliates effective upon receipt by MBIA of a commutation payment of $156.5 million, which includes return of $51.5 million of unearned premium reserves (calculated on a U.S. statutory basis) and $61.3 million of estimated loss reserves and impairments (a non-GAAP measure) as of September 30, 2008.

The commuted portfolio of $10.6 billion par outstanding (as of September 30, 2008) consists of:

* $6.8 billion par of structured finance transactions including
* $439.3 million of collateralized debt obligations of asset-backed securities (ABS CDOs) (all structured as credit derivatives)
* $2.4 billion of collateralized debt obligations of commercial mortgage-backed securities (CMBS CDOs)
* $453.0 million of 2005 - 2008 vintage U.S. residential mortgage-backed securities (RMBS)
* $3.8 billion of public finance transactions including
* $1.2 billion of international public finance transactions

As of RAM's September 30, 2008 financial information, the commuted portfolio represented approximately:

* 98% of RAM's total unrealized losses on ABS CDO credit derivatives contracts
* 100% of total par outstanding of ABS CDOs for which RAM has established credit impairments
* 37% of total loss reserves for RMBS transactions
* 45% of total par outstanding of RMBS for which RAM has established case reserves
* 99% of total par outstanding of CMBS CDO transactions

As at September 30, 2008, estimated Bermuda statutory capital and surplus of RAM Re was $193.6 million, and the estimated minimum required statutory capital and surplus was $24.9 million. RAM Re’s estimated Bermuda statutory capital and surplus as of September 30, 2008 would have been $147.9 million if the MBIA commutation had been effected at September 30, 2008, exceeding the estimated minimum requirement which would have been $14.2 million. The fair market value of the portion of RAM Re’s portfolio not held in trust for the benefit of its ceding companies would have been $117.1 million if the MBIA commutation had been effected at September 30, 2008. In addition, RAM Re still has access to $50 million from its Blue Water Trust committed preferred securities facility, should RAM require additional liquidity. As such, RAM continues to believe that it will be able to meet expected claims payments and operating expenses for the foreseeable future, barring further unexpected deterioration in the insured portfolio.

Commenting on the commutation, Vernon M. Endo, RAM's Chief Executive Officer, said, "This commutation represents another milestone in RAM's efforts to restructure its insured portfolio. As a result of the MBIA commutation, we have reshaped our insurance portfolio by reducing our overall exposure to ABS CDOs and 2005 – 2008 vintage US RMBS by more than 64% and 27%, respectively. After the commutation, U.S. public finance exposure will increase from 51.3% to 60.1% of our portfolio."

RAM will update its insured portfolio disclosure on its website at www.ramre.bm under Investor Information/Exposure Info and Updates to show the effect of the MBIA commutation on RAM’s insured portfolio as of September 30, 2008. In addition, RAM will provide additional information on the effect of the commutation on its insurance portfolio and financial results when it releases its earnings for the fourth quarter.


ONCOGENEX PHARMA INCORPORATED (NASDAQ: OGXI)
"Up 10.13% in morning trading"

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

OncoGenex Pharmaceuticals is a biopharmaceutical company committed to the development and commercialization of new cancer therapies that address unmet needs in the treatment of cancer. OncoGenex has a deep oncology pipeline, with each product candidate having a distinct mechanism of action and representing a unique opportunity for cancer drug development. OGX-011, the lead candidate currently completing five Phase 2 clinical studies in prostate, lung and breast cancers, is designed to inhibit the production of specific proteins associated with treatment resistance; OGX-427 and SN2310 are in Phase 1 clinical development; and CSP9222 and OGX-225 are currently in pre-clinical development.

OGXI News:

December 3 - OGX-011 Shows Overall Survival Advantage in Prostate Cancer Compared to Standard Therapy in a Randomized Phase 2 Study

* First-line trial currently shows median overall survival of 27.5 months for OGX-011 in combination with docetaxel and prednisone and a 16.9 months overall survival for docetaxel and prednisone alone.

* Achievement of survival benefit milestone results in release of all remaining escrowed shares of OGXI.

OncoGenex Pharmaceuticals, Inc. (Nasdaq: OGXI) announced positive survival results from a randomized Phase 2 clinical trial of OGX-011 in combination with docetaxel and prednisone ("the OGX-011 arm") compared to docetaxel and prednisone alone ("the control arm") for first-line treatment of metastatic castrate resistant prostate cancer. The current 10.6 month median overall survival advantage observed in the OGX-011 arm represents an increase over the median survival observed in the control arm. Docetaxel was approved by the FDA based on a survival advantage of 2.4 months over mitoxantrone.

Based on the median overall survival advantage, the Board of Directors of OncoGenex Pharmaceuticals has approved the release of all of the remaining shares held in escrow pursuant to agreements related to Sonus Pharmaceuticals' merger with OncoGenex Technologies described in its Proxy Statement filed with the SEC on July 3, 2008. The escrow agreements provided for the release of 50% of the original number of shares held in escrow following the demonstration of at least a two-month improvement in survival in the OGX-011 arm as compared to the control arm. All milestone shares have now been released from escrow; as of December 3, 2008 there are 5,513,643 shares outstanding.

The trial was conducted and data were analyzed by the National Cancer Institute of Canada, Clinical Trials Group and was supported by a grant from the NCI-Canada with funding from the Canadian Cancer Society. Previous results regarding the primary endpoint analysis (PSA response) were presented at the Annual Meeting of the American Society of Clinical Oncology (ASCO) on June 2, 2007.

The study randomized 82 patients with metastatic or locally recurring prostate cancer refractory to hormone therapy. The median survival was 27.5 months for the patients in the OGX-011 arm and 16.9 months for those in the control arm. Results currently indicate that patients in the OGX-011 arm have a death rate approximately 40% lower than patients in the control arm. The current results are based on study data with a median follow-up of approximately 30 months for both arms. Additional survival updates are needed before a mature median survival for the OGX-011 arm can be reported. Based on the current results, OncoGenex has calculated that the final median survival for patients in the OGX-011 arm can not be lower than 22.7 months.

An abstract presenting the mature results is planned to be submitted to the American Society of Clinical Oncology (ASCO) meeting.

 
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