M2 PRESSWIRE-20 July 2010-Steroid Stocks: Steroidstocks.com Lists Stocks on Steroids!!!:(OTCBB:AMCG)-(OTCBB:DYSL)-(OTCBB:COWI)(C)1994-2010 M2 COMMUNICATIONS
RDATE:20072010
SteroidStocks.com Says:(OTCBB:AMCG) Amico Games Corp , (OTCBB:DYSL) Dynasil Corp of America and (OTCBB:COWI) CoroWare, Inc are on STEROIDS!
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About Amico Games Corp:
Amico Games Corp. is a software company specializing in developing mobile phone games for the Chinese market. On December 31, 2009, Amico acquired Galaxy Software Limited, a Chinese private-owned company incorporated in November, 2001. Galaxy is one of the earliest mobile phone multiplayer game developers in China, as well as one of the first Chinese companies to develop and operate Java(TM) MMRPOG (massive multiplayer role playing online games) mobile phone games. It is also the first company to provide multiplayer games over the WAP platform of China Mobile, the world's largest mobile phone provider based upon subscribers. Further information on the Company can be found at http://www.sec.gov/ and the company's website at http://www.amicogames.com/
News Today:
GUANGZHOU, China, Jul 20, 2010-- Amico Games Corp. (OTCBB:AMCG), an information technology company specializing in developing and operating mobile phone multi-players networked games, is encouraged by a recent government policy regulating online payment and settlement gateways.
According to Xinhuanet.com, the People's Bank of China, or the central bank, will issue licenses to non-bank payment and settlement gateways commencing this September. All third-party payment agencies in China are required to submit an application along with their financial reports and client information in order to receive this license, subject to the central bank approval.
This is the first time that the central bank has authorized service providers, other than banks, to participate in online payment collection through Internet, top-up phone cards and digital TV.
Amico has been using online payment and settlement gateways from four different third-party service providers, namely 19Pay, YeePay, 99Bill and ShenZhouFu. "We expect most of these service providers will receive the blessing from the Central Bank," said Mr. Peter Liu, Amico's President and CEO. "We welcome this new rule, which will comfort our game subscribers when making their payment to these service providers; and in turn we expect that our income sources will be further secured and diversified."
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About Dynasil:
Dynasil Corporation of America (OTCBB:DYSL), is a provider of technology, products, services and solutions to a broad range of customers to serve their specific needs in the medical, industrial, and homeland security/defense markets. The Company has additional operations in New Jersey, New York and Massachusetts.
News Today:
WEST BERLIN, N.J., Jul 20, 2010 -- Dynasil Corporation of America (OTCBB:DYSL) today announced the acquisition of Hilger Crystals, Ltd. ("Hilger"), a leading manufacturer of synthetic crystals applicable to a wide range of industrial, medical, and homeland security applications. Hilger's parent company, Newport Corporation, is a leading global supplier of lasers, photonics instrumentation, sub-micron positioning systems, vibration isolation, and optical components to customers in the scientific research, microelectronics, aerospace & defense and life & health sciences markets.
Hilger Crystals, located in Kent, England, has a long history of supplying reliable and high-quality synthetic crystals for infrared spectroscopy, X-ray and gamma ray detection. Applications for synthetic crystals include homeland security, medical imaging, oil exploration, chemical analysis and military.
Craig Dunham, CEO of Dynasil, commented, "By combining our technical depth in synthetic crystals with Hilger's highly specialized expertise in the growth and manufacturing of crystals, we can accelerate the commercialization and distribution of our extensive technology portfolio. The acquisition of Hilger puts Dynasil in a strong position as a high quality manufacturer and supplier. The transaction exemplifies our growth strategy to acquire companies with strengths in complementary areas, which enables us to more quickly commercialize our new technology while expanding the scale and scope of our product line and distribution channels. We expect the acquisition to have a very positive impact on our Company's revenue growth, profitability and earnings per share."
The purchase price for Hilger is $4 million at closing with an additional payment of $0.75 million after 18 months which may be reduced or eliminated, contingent upon revenues for the first 18 months. The entire $4 million purchase price at closing was funded using the existing acquisition line of credit with Sovereign/Santander Bank. Additional details regarding the acquisition will be outlined in Dynasil's 8-K filing with the SEC.
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About CoroWare:
Headquartered in Redmond, Washington, CoroWare is a solutions integrator with expertise in affordable telepresence, business applications, and mobile robotics. For more information on CoroWare's products and services, please visit www.coroware.com.
News Today:
REDMOND, Wash., Jul 20, 2010 -- CoroWare, Inc. (OTCBB:COWI) today announced it is pleased to announce that it has retained International Monetary as its investor relations & strategic advisory firm to provide proprietary investor relations services, public relations services, and advise the Company's management on other strategic decisions.
"International Monetary has impressed us with their effectiveness for obtaining capital from a multitude of funds, underwriters, and strategic investors," said Lloyd Spencer, CEO of CoroWare, Inc. "With their guidance and assistance, we look forward to rebuilding CoroWare's financial foundation by reducing debt, increasing working capital with a range of prospective finance partners, and attracting long term investment."
Newport Beach-based International Monetary will provide CoroWare with services ranging from guidance on raising short term financing, attracting long term investment, and maximizing shareholder value.
"With its focus on rapidly growing markets such as videoconferencing and telepresence, CoroWare is well positioned for significant growth as a result of its unique combination of software products, systems integration solutions, and CoroCall subscription services," said MB Riley, Managing Director of International Monetary. "Through our strategic advisory services, we look forward to helping CoroWare complete its turnaround and achieve its investment objectives in the coming years."
For questions about CoroWare investor relations, please contact us at investor@coroware.com or 1-800-641-CORO (2676), option 4.
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