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Canada Business News and Press Releases
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(EMAILWIRE.COM, October 04, 2009 ) Windsor, Ontario - FreeHotPennyStocks.com, an online financial publication, provides investors timely stock market alerts. If you are interested in penny stocks that are poised to breakout sign up for our free penny stock newsletter. Each day we send out alerts on different hot penny stocks.
ANTs software inc. (ANTS), a leader in database consolidation solutions, today announced it has been listed in Software Magazine’s “Software 500” ranking of the world’s largest software and service providers.
Software Magazine editor John P. Desmond highlights, “Among companies companies in the $5 million to $10 million range, the leader is ANTs Software, No. 459, which grew at a 2,203% clip.” Desmond also lists ANTs in the “Top 10 Revenue Growth 2007-2008 For Overall Software 500.”
According to Software Magazine, “R&D Spending as a percentage of revenue is an important indicator of whether a software company is investing in the future and making life easier for its customers. Leaders in R&D spending include ANTs Software; spending 80% of its $8.3 million on research…It’s a strong indicator of commitment to keeping pace with technology.”In the last trading session, the stock closed at $0.58. The company traded up to $0.78 on well above average trading volume.
i2Telecom® International, Inc. ("i2Telecom") (ITUI), a leading developer of award-winning patented and innovative high-quality mobile applications and services, announced yesterday it has changed its name to Geos Communications™, Inc. (GCMI). The move follows i2Telecom’s successful transition from a company focused on the development of intellectual property to one focused on operations, leveraging the patented technology it has created.
“This is a significant step in our evolution,” said Andy Berman, the Company’s Chief Executive Officer. “We have developed an exceptional intellectual property portfolio. We have leading-edge products that produce true value for our customers, and we have a world-class management team who have put into place clearly defined goals and proven strategies for moving our company forward. The name change was the final piece of the puzzle to signify the completion of one phase of this process, and the beginning of another.”
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