Tollgrade Communications, Inc. (Nasdaq:TLGD) reported that at a special meeting held on May 5, 2011, its shareholders approved a definitive merger agreement with affiliates of Golden Gate Capital.
Tollgrade Communications, Inc. designs, engineers, markets, and supports test system, and status monitoring hardware and software products for the telecommunications and power utility markets in the United States and internationally.
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“We are extremely pleased to have been awarded the $151 million contract for construction of the Calstrom Facility for the training of essential U.S. security personnel,” commented, Billy Jones, VP of Government Services of GreenHouse Holdings, Inc. (GRHU). “GreenHouse’s expertise in environmentally friendly contracting made us an ideal fit to complete this large scale project. We look forward to working with local, state and federal law enforcement to create a state-of-the-art facility that is completed on time, on budget, and utilizes sustainable energy solutions. The winning of this marquee contract positions GreenHouse as a market leader in the governmental construction arena and will lead to future contracts creating strong revenue growth and improved profitability.”
GreenHouse Holdings disclosed that it has been awarded a $151 million contract for the design, development and construction of the Carlstrom National Security Training Center (”Carlstrom”) in Central Florida. The contract was awarded to GreenHouse Holdings’ wholly-owned subsidiary, Life Protection, Inc., by the Pinnacle Performance Group, the executive director for the development team. The design and pre-construction phase of the project will commence immediately. The U.S. Marine Corps, U.S. Navy SEALs, U.S. Army, Federal Air Marshall Service, U.S. Coast Guard, Border Patrol, Tactical Forces (SWAT and Anti-Terrorism), Customs Enforcement, FEMA, and First Responders (Fire, Police, EMS) will use the Carlstrom facility. Carlstrom will be equipped with a military style urban training facility, tactical driving course, obstacle-training course, shooting range, advanced computers and technology laboratories. The facility will be designed to provide both simulated training scenarios and classroom-based learning. The facility will take approximately three years to complete and once operational will create over 250 jobs.
GreenHouse Holdings is a past performance government contractor supplying the U.S. military with a wide range of products from rapidly deployable and ballistically protected buildings to sustainable, environmentally safe targeting systems and live fire training facilities. GreenHouse Holdings is a leading provider of energy efficiency and sustainable facilities solutions. GreenHouse Holdings designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint. GreenHouse Holdings’ target markets for energy efficiency solutions include government and military, as well as commercial, residential and industrial markets. In addition, GreenHouse Holdings develops, designs and constructs rapidly deployable, sustainable facilities primarily for use in disaster relief and security in austere regions.
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Telvent (Nasdaq:TLVT) reported that it will release its financial results for the first quarter ended March 31, 2011 before the opening of the market on Monday, May 16, 2011.
Telvent GIT, S.A., through its subsidiaries, provides IT solutions and information services for customers in the infrastructure markets primarily in Europe, North America, Latin America, the Asia-Pacific region, the Middle-East, and Africa.
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Rare-earth metals are not indeed that unusual. The series of nonferrous metals frequently occurs in the environment. As reported by Design Chain Associates, the majority of rare-earth metals are as common as copper, and even the most rare, is more common than gold. Part of the market pressure on rare-earth metals arises from new demand that alternative technologies has prompted. Industry, including electric- and hybrid-vehicle motors and wind turbines, requires magnets. American Video Teleconferencing Corp. (PINK:AVOT) is pleased to announce that Wayne Lockhart, BSc. Geology, has joined American Video as special geological advisor to American Video for advancing American Video’s exploration programs on its newly acquired rare earth property in Quebec.
Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp.(DeBeers) in Africa and Benguet Cons. in the Philippines. Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology, has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists. American Video is looking forward to this new relationship with Mr. Lockhart as he will be able to provide the guidance, expertise and leadership that will be needed moving forward, as he has had many years experience working in the province of Quebec.
Québec is remarkable from the standpoint of the wealth of its tremendous land area that has scarcely been tapped. It has roughly 30 mines, 158 exploration firms and 15 primary processing industries. Some 30 minerals are mined, of which the leading ones are gold, iron, titanium, asbestos, copper, zinc and silver. Scarcely 40 % of Québec’s mineral potential is now known. In 1999, the value of Québec mineral shipments reached $ 3.6 billion. The mining industry accounts for nearly 18,000 direct jobs and investment reaching $ 1 billion. The rare earth elements are often found together.
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RealPage, Inc. (Nasdaq:RP) reported that Steve Winn, chairman and CEO, will present at the JMP Securities 10th Annual Research Conference, to be held in San Francisco on May 9 at 5:30 p.m. EDT.
RealPage, Inc. engages in the development of multifamily property management software. It offers systems to handle the management process for various types of properties, including conventional, student living, military housing, senior living, commercial, affordable HUD, tax credits, and rural housing.
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