IPG Photonics Corporation is the world leader in high-power fiber lasers and amplifiers. Founded in 1990, IPG pioneered the development and commercialization of optical fiber-based lasers for use in a wide range of applications such as materials processing, advanced, telecommunications and medical.
IPG Photonics Corporation (NASDAQ:IPGP) recently announced preliminary financial results for the fourth quarter ended December 31, 2010. The Company expects sales for the fourth quarter of 2010 to be approximately $100 million compared with the previously guided range of $80 to $86 million, and earnings per diluted share to be in a range of $0.53 to $0.56 compared with previous guidance of between $0.30 and $0.35. For the fourth quarter of 2009, IPG reported sales of $54.3 million and earnings per share of $0.07. As IPG Photonics� year-end audit is not complete, these preliminary results are subject to adjustments from the audit.
�We expect to report more than 80% year-over-year growth in revenues and a seven-fold increase in earnings per share for the fourth quarter of 2010,� said Dr. Valentin Gapontsev, IPG Photonics� Chief Executive Officer. �Our exceptional sales performance this quarter was driven by broad-based demand strength. Geographically, China and Europe were the stand-out performers for the quarter, although we experienced significant year-over-year sales increases across nearly all regions. Materials processing, communications and advanced applications were the strongest end markets and high-power and pulsed lasers both reported triple-digit year-over-year growth. Our expected bottom-line increase was due to the excellent leverage in our business model, resulting in further improvements in gross and operating margins.�
�We continue to see strong order flow into Q1 and expect the first quarter to show robust quarterly year-over-year revenue and earnings growth, even after taking into account historical seasonal patterns which typically result in lower sequential quarterly revenue in Q1. We enter 2011 with great momentum and expect to continue to capitalize on the demand for our fiber lasers and benefit from the leverage in our business model,� concluded Gapontsev.
National Health Partners, Inc. (NHPR.OB)
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called �CARExpress.� NHPR was founded in 1989 and is headquartered in Horsham, Pennsylvania
National Health Partners provides their members with access to over 1,000,000 healthcare providers through our agreements with CareMark, Aetna Dental Access NetworkSM, Optum, Integrated Health, Three Rivers and International Med-Care, which are some of the largest and most prestigious national healthcare networks in the country. These providers represent more than 70% of all practicing doctors and surgeons, 65% of all acute care hospitals and 95% of all pharmacies in the United States.
The US healthcare sector includes more than 780,000 hospitals, doctor offices, emergency care units, nursing homes, and social services providers with combined annual revenue of more than $2 trillion. (Source http://www.marketresearch.com/product/display.asp?productid=6069723 )
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called �CARExpress.� CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company�s primary target customer group is the 47 million Americans who have no health insurance of any kind. The company�s secondary target customer group includes the millions of Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania.
For more information about this company please visit http://www.nationalhealthpartners.com
Proper Power and Energy, Inc. (PPWE.OB) is an independent exploration and production company. The Company�s operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which the Company controls over 11,000 acres for its exploratory prospect.PPWE reported the next stage of its Western U.S. operations. The Company met with the executives of Thrust Resources Inc. and EQ Resources Inc.. The meeting focused on a joint venture for the Central Utah Prospect between the Companies. This was the initial meeting between Clint Brower, CEO and Chairman of EQ Resources, and Andrew Kacic, the newly named President of Proper Power & Energy Inc. Their next steps will be circulating a memorandum of understanding followed upon definitive agreements.
Also, Proper Power & Energy, Inc. wholly owned subsidiary, American Resources, Inc. (ARI), has begun production on its 87.5 acres in Western Kentucky. American Resources, Inc. has completed the re-work on all 4 wells, with those wells online and pumping.
In the United States, oil sands resources are primarily concentrated in Eastern Utah. With a total of 32 billion barrels (5.1�10^9 m3) of oil(known and potential) in eight major deposits in the Utah counties of Carbon, Garfield, Grand, Uintah and Wayne.
Presstek Inc. (Nasdaq:PRST) announced that BlueCross BlueShield of Tennessee has placed an order for a Presstek 75DI digital offset press. BlueCross plans to utilize the four-color 75DI with aqueous coater to produce many of its own marketing materials and business communications. “Our on-site shop brings many advantages to the corporation including convenience, security, and lower costs,” said Robert Pettway, Manager, EDM & General Services for BlueCross. “In business climate on-site shops must prove that they add value to a company and operate more cost effectively than outsourcing. The Presstek 75DI will help us reach these objectives.”
Presstek, Inc., together with its subsidiaries, engages in the design, manufacture, sale, and service of digital imaging solutions to the graphic arts industry worldwide.
Energy Focus, Inc. (Nasdaq:EFOI) announced that its research and development team has recently been selected to receive a $1 million Ohio Third Frontier Photovoltaic’s Program (”PVP”) grant to develop high performance stand alone solar powered outdoor lighting solutions. Roger Buelow, Energy Focus CTO commented. “We’re excited about being selected for the Third Frontier grant. This funding will allow us to combine our advanced solar photovoltaic and LED lighting technologies to create an exciting new product category for Energy Focus. Present outdoor lighting fixtures typically use 75-250 watt HID bulbs for illumination — significantly more power than can be generated and stored cost-effectively with solar. With only a fraction of the power required, our high performance solar powered LED solutions become practical.”
Energy Focus, Inc. engages in the design, development, manufacture, marketing, and installation of energy-efficient lighting systems principally for commercial/industrial lighting and pool lighting markets.
BioSante Pharmaceuticals, Inc. (Nasdaq:BPAX) announced that it will provide a LibiGel safety study update, and is supporting two clinical symposia at the Annual Meeting of The International Society for the Study of Women�s Sexual Health Meeting (ISSWSH) being held from February 10-13, 2011 at the Doubletree Paradise Valley resort in Scottsdale, Arizona. More than 300 experts and practitioners in women�s health and female sexual dysfunction (FSD) are expected to attend the meeting.
BioSante Pharmaceuticals, Inc., a specialty pharmaceutical company, develops products for female sexual health and oncology.
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