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Nasdaq stock market gainers Iridium Communications Inc. (IRDM) and Vitacost.com, Inc. (VITC)

(EMAILWIRE.COM, May 22, 2010 ) 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 stock picks. For more free alerts sign up at http://www.freehotpennystocks.com

Iridium Communications Inc. (IRDM), and its service partner Stratos, provided the Iridium OpenPort system for the 64-foot steel-hull vessel's 13-month circumnavigation of the North and South American continents, which departed from Seattle, Wash. on May 31, 2009. The mission of the expedition is to call attention to the health of the world's oceans and the impact of global climate change on local environments and ecosystems.

"Iridium's satellite network provided excellent coverage over the entire route for the Around the Americas voyage, including the extreme northern and southern latitudes," said Ronald Spithout, senior vice president, sales and marketing, Stratos. "Iridium, with its low-earth orbit constellation of cross-linked satellites, is the only maritime satellite service capable of reaching these Polar Regions, which is critical for organizations such as the Around the Americas team that need a reliable, critical communications lifeline."
The stock is trading up over 13 percent after the news was released.

Vitacost.com, Inc. (VITC), a leading online retailer and direct marketer of health and wellness products, today announced the groundbreaking for the expansion of its east coast manufacturing and distribution facility in Lexington, North Carolina.

The Company will add approximately 113,000 square feet to its existing facility, increasing the total square footage to roughly 225,000. The Company will equip the facility with new state-of-the-art, A-Frame technology that will allow the Company to double the number of orders processed in its distribution center from approximately 500 per hour currently to 1,000 per hour. The Company expects to be able to process 1,700 orders per hour at peak utilization. The state of North Carolina will provide up to $2.5 million in incentives to the Company based on program eligibility.

“We are pleased Vitacost has the opportunity to expand its operations in North Carolina and has qualified for certain state incentive programs,” said Ira Kerker, Vitacost.com’s Chief Executive Officer. “We have operated in North Carolina since 2008 and greatly appreciate the support of the state. Our new facility will not only greatly improve our efficiencies over time, but will provide the infrastructure needed to support the continued strong growth we expect to meet the demands of Vitacost’s growing healthy living and wellness customer base in the years to come.”
The stock is up over 11 percent after the news on above average trading volume

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