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Penny Stocks in the News - March 9, 2010
 

 

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CSI Technology Outfitters Releases Voodoo Toolkit for SharePoint
EASLEY, SC--(Marketwire - 03/08/10) - CSI Technology Outfitters (Computer Software Innovations, Inc.) (OTC.BB:CSWI - News) announced today the release of the Voodoo Toolkit for SharePoint, a SharePoint-based design toolkit. The goal of this project is to develop and distribute tools for users of SharePoint Foundation 2010, the new generation of SharePoint technology coming from Microsoft that provides an educational "flavor" to SharePoint. This project is a byproduct of a commercial cloud technology application, CSI@K12, developed by CSI Technology Outfitters, Inc. that CSI has released to the public domain.

Signature Eyewear Files 10-Q; Reports 17th Consecutive Profitable Quarter
LOS ANGELES, CA--(Marketwire - 03/08/10) - Signature Eyewear, Inc. (OTC.BB:SEYE - News) reported net income of $143,000 on net sales of $5.2 million for the quarter ended January 31, 2010, its 17th consecutive profitable quarter. This compares to net income of $199,000 on net sales of $6.0 million for the quarter ended January 31, 2009. The decrease in net sales was due primarily to the general slowdown in the domestic economy and the optical frame market, which adversely affected sales of Signature's higher priced eyewear lines. The decrease in net income was due primarily to lower sales and lower gross margin, which was offset somewhat by a decrease in selling, general and administrative expenses. Selling, general and administrative expenses declined $549,000 from the three months ended January 31, 2009 to the three months ended January 31, 2010, representing 58.2% of net sales in the 2010 quarter as compared to 59.8% of net sales in the 2009 quarter.

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IDO Security Successfully Showcases the New MagShoe 3G(TM) at the SICUR International Security Safety Exhibition
MADRID, SPAIN--(Marketwire - 03/08/10) - IDO Security, Inc. (OTC.BB:IDOI - News), a provider of innovative solutions for the homeland security market, today announced that it has successfully showcased its MagShoe 3G™ Shoe Scanning Device (SSD) at the 2010 SICUR International Security Safety Exibition at the Feria de Madrid Exhibition Hall in Madrid, Spain. The exhibition ran through March 5, 2010. The MagShoe3G™ can inspect footwear for weapons and other metallic objects without passengers having to remove their shoes, allowing faster throughput at airport check points as well as significantly increasing passenger level of security.


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