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Canada Business News and Press Releases
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(EMAILWIRE.COM, September 24, 2010 ) Montréal, Québec - Profitpennystocks.com (http://www.profitpennystocks.com), a premier source for penny stocks research, issues stock alerts for the following companies:
(NYSE:WEN), (OTCBB:EVCA), (NASDAQ:WERN), (AMEX:WGA).
Evcarco, Inc. (EVCA.OB)
EVCA is pioneering a new way to meet the demands of 21st century car buyers. EVCA is bringing to market eco-friendly vehicles with an emphasis on performance and affordability and the latest in developed technology. The board of EVCA is pleased to announce today that pursuant to a strong demand from the US Federal Government Government to meet environmental standards in relation to its Federal Military fleet, EVCA will be working with VENTA Inc. and several third party organizations to create Military grade AEV and Hybrid Diesel Electric units.
The move is part of an EVCA recent corporate shift aimed at increasing revenue through contracting and sourcing of units suitable for Government RFPs.
Scott O’Neal, Chief Operation Officer, stated, “We feel that working in conjunction with our corporate sales and commercial fleet division, the addition of a high revenue entity aimed at Military contracting is a significant move for EVCARCO and the corporate vision.”
EVCA has been working on projects with the US Federal Government as announced in previous releases since first quarter of 2010; the trials have given the management of EVCA insight into the needs and requirements of the Federal Government and, with this knowledge, the corporation stands at a significant advantage in respect to sourcing specific AEV and Hybrid Units for the Military.
The US Military through TARDEC has set a strong precedent relating to adoption of Alternative energy units into the US Military. TARDEC is the U.S. ArmyÂ’s lead organization for ground vehicle systems integration, engineering and technology development.
Initial development of units will be entered into testing phase by late 2010 with “Real World” Government testing anticipated for early 2011.
AFVs are vehicles that operate on alternative fuels, such as methanol, ethanol, compressed natural gas, liquefied petroleum gas, or electricity, as designated by the U.S. Department of Energy. Some AFVs that can run on conventional fuels like gasoline, as well as alternative fuels, are called dual-fueled vehicles.
EVCA is a development stage company and engages in selling environmentally conscious automobiles in the United States. EVCA offers electric vehicles and pre-owned vehicles converted to various green technologies; and financing, warranties, maintenance, and mechanical services. EVCA was incorporated in 2008 and is based in Fort Worth, Texas.
To learn more about EVCA visit: http://www.evcarco.com
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Wells-Gardner Electronics Corporation (AMEX:WGA)
WGA announced net earnings for the second quarter ending June 30, 2010 were $441,000 or $0.04 per share, a 9 percent reduction compared to net earnings of $484,000 or $0.04 per share in the same period the prior year. The second quarter results included $261,000 of non-recurring charges which was made up of $122,000 of reorganization charges and $139,000 of operating expenses related to the Illinois Video Lottery business, which is not expected to begin generating revenue until the first quarter 2011. Prior year results included non-recurring tax charges of $73,000. Second quarter 2010 sales were $15.4 million, which is an increase of 7 per cent over the $14.4 million in the same quarter 2009.
WGA engages in the design, manufacture, assembly, distribution, marketing, and service of electronic components. WGA offers liquid crystal displays (LCD), color video monitors, gaming supplies and components, and the integration of touch sensors to video monitors. WGA was founded in 1924 and is headquartered in McCook, Illinois.
To learn more about WGA visit: http://www.wellsgardner.com
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Werner Enterprises (NASDAQ:WERN)
WERN announces the recent launch of its newly redesigned website. After taking input from associates, investors and customers, an improved http://www.werner.com was created with an increase in interactivity and customized to better serve the needs of its valued users.
With the revamped website, minimal clicks take users to their destination. This simple, straightforward design will make finding information easier than ever. In addition, in-depth product information will be available to customers, as well as details of how WERN‘s services can positively impact customers’ supply chain needs.
WERN, a transportation and logistics company, engages in hauling the truckload shipments of general commodities in interstate and intrastate commerce in the United States, Canada, Mexico, and internationally. WERN was founded in 1956 and is headquartered in Omaha, Nebraska.
To learn more about WERN visit: http://www.werner.com
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WendyÂ’s/ArbyÂ’s Group, Inc. (NYSE:WEN)
Wendy‘s is looking for the next class of remarkable students who excel in academics, athletics and community involvement. Celebrating its 17th year, the 2010 WendyÂ’s High School Heisman™ award application process is underway. Now through Oct. 3, 2010, eligible students (graduating class of 2011) can apply and submit their applications at http://www.WendysHeisman.com.
“IÂ’m proud to be part of a program that honors young men and women who embody the spirit of the Heisman tradition of hard work, dedication and an outstanding record both on and off the field,” said Archie Griffin, two-time collegiate Heisman Memorial Trophy winner (1974 – Â’75). “The Wendy‘s High School Heisman award recognizes those individuals who have put forth tremendous effort in the classroom, in sports and in the community to deliver excellence in all they do.”
WEN, through its subsidiaries, operates as the owner and franchisor of the Wendy‘s and Arby‘s restaurant systems. Wendy‘s is the restaurant franchising system specializing in the hamburger sandwich segment of the quick service restaurant industry; and Arby‘s is the restaurant franchising system specializing in the roast beef sandwich segment of the quick service restaurant industry. As of January 3, 2010, the Wendy‘s restaurant system comprised 6,541 restaurants, of which 1,391 were owned and operated by WEN; and the Arby‘s restaurant system consisted of 3,718 restaurants, of which 1,169 were owned and operated by the company. WEN operates in the United States, Canada, and internationally. WEN is headquartered in Atlanta, Georgia.
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Disclaimer and Forward-Looking Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Certain risks are detailed in the Company's Form 10-K and other periodic filings with the Securities Exchange Commission at www.sec.gov. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
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