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Stocks That Stand Out For Nov. 20th, 2009 Are BRGO, RFMD, KNDR, XCEL, CLDS
(M2 PressWIRE Via Acquire Media NewsEdge) www.Standoutstocks.com: Stocks That Standout For Nov. 20th, 2009 are Bergio International, Inc. (OTC Bulletin Board: BRGO), RF Micro Devices, Inc. (Nasdaq: RFMD), Kender Energy Inc. (PINKSHEETS: KNDR), Xcellink International Inc. (OTCBB: XCEL), Celestial Delights USA Corp. (OTCBB: CLDS)
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Bergio Signs Letter of Intent to Acquire Famous Italian Designer Mario Panelli
FAIRFIELD, N.J., Nov 19, 2009 -- Bergio International, Inc. (OTC Bulletin Board: BRGO) announces today that it has entered into a deal to acquire famous Italian designer Mario Panelli.
Mario Panelli reported $1.5 million in inventory, $1.4 million in sales for 2008, with moderate earnings. Bergio will acquire the Company for a liquidated inventory cost of $1,250,000 in cash.
"Bergio is very excited to sign a Letter of Intent to acquire famous Italian designer Mario Panelli. Mario Panelli has been in business for over 40 years and is known internationally for his designs. This acquisition will give Bergio exposure into the international markets," stated Berge Abajian, CEO of Bergio International, Inc.
About Bergio International, Inc.
Bergio is entering into its 20th year of operations with boutique, upscale jewelry stores. It currently sells its jewelry to approximately 150 independent jewelry retailers across the United States. Bergio has spent millions in branding the Bergio brand through tradeshows, trade advertising, national advertising and billboard advertising since launching the line in 1995. Bergio has manufacturing control over its line as a result of having a manufacturing facility in New Jersey as well as subcontracts with facilities in Italy and Bangkok.
We have established Bergio International as a holding company for the purpose of acquiring well-established jewelry design and manufacturing firms who possess branded product lines.
Additionally, Bergio intends to acquire design and manufacturing firms throughout the United States and Europe. If and when they pursue any potential acquisition candidates, they intend to target the top 10% of the world's jewelry manufactures that have already created an identity and brand in the jewelry industry.
Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
RFMD(R) Selected by Leading Smartphone Manufacturer to Supply High Performance Cellular Switch
RFMD'S RF1130 Designed Into Two CDMA Smartphones to be Introduced in 2010
GREENSBORO, N.C., Nov 19, 2009 -- RF Micro Devices, Inc. (Nasdaq:RFMD), a global leader in the design and manufacture of high-performance RF components and compound semiconductors, today announced that RFMD has been selected by a leading manufacturer of smartphones to support two upcoming CDMA smartphones.
RFMD will supply its high performance RF1130 single-pole 3-throw (SP3T) cellular switch into two upcoming models targeting the consumer smartphone market. The first device is expected to launch in the first half of calendar 2010, and shipments of the RF1130 are expected to commence in the March 2010 quarter.
Mike DeHaan, general manager of RFMD's Switch and Signal Conditioning business unit, said, "We are pleased to support this leading smartphone manufacturer with our RF1130 cellular switch, and we look forward to expanding our relationship through additional design opportunities across our RF Components and Switch and Signal Conditioning product portfolios. As new 3G/4G air interface standards are added and cellular devices increase in RF complexity, our expanding product portfolio and wide technology base enable RFMD to uniquely satisfy the technical requirements of tomorrow's smartphones and battery-powered multimedia devices." The design win is expected to support RFMD's diversification efforts across customers and air interface standards. RFMD is engaged at this leading smartphone manufacturer to secure incremental business opportunities across 3G front ends, cellular switches, RF power management and WLAN components.
RFMD enjoys a leading share in smartphones and expects its revenue growth in smartphones in calendar 2010 will significantly exceed the rate of growth of the handset market.
About RFMD RF Micro Devices, Inc. (Nasdaq:RFMD) is a global leader in the design and manufacture of high-performance radio frequency components and compound semiconductor technologies. RFMD's products enable worldwide mobility, provide enhanced connectivity and support advanced functionality in the cellular handset, wireless infrastructure, wireless local area network (WLAN), CATV/broadband and aerospace and defense markets. RFMD is recognized for its diverse portfolio of semiconductor technologies and RF systems expertise and is a preferred supplier to the world's leading mobile device, customer premises and communications equipment providers.
Headquartered in Greensboro, N.C., RFMD is an ISO 9001- and ISO 14001-certified manufacturer with worldwide engineering, design, sales and service facilities. RFMD is traded on the NASDAQ Global Select Market under the symbol RFMD. For more information, please visit RFMD's web site at www.rfmd.com.
The RF Micro Devices, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6436 This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under the federal securities laws. RF Micro Devices' business is subject to numerous risks and uncertainties, including risks associated with the impact of global macroeconomic and credit conditions on our business and the business of our suppliers and customers, variability in operating results, the rate of growth and development of wireless markets, risks associated with the reduced investment in our wireless systems business, our ability to execute on our plans to consolidate or relocate manufacturing operations, our reliance on inclusion in third party reference designs for a portion of our revenue, our ability to manage channel partner and customer relationships, risks associated with the operation of our wafer fabrication facilities, molecular beam epitaxy facility, assembly facility and test and tape and reel facilities, our ability to complete acquisitions and integrate acquired companies, including the risk that we may not realize expected synergies from our business combinations, our ability to attract and retain skilled personnel and develop leaders, variability in production yields, raw material costs and availability, our ability to reduce costs and improve margins in response to declining average selling prices, our ability to bring new products to market, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, dependence on a limited number of customers, dependence on gallium arsenide (GaAs) for the majority of our products, and dependence on third parties. These and other risks and uncertainties, which are described in more detail in RF Micro Devices' most recent Annual Report on Form 10-K and other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.
Kender Energy Signs Malta LOI Agreement for 1000 Units Minimum Annually Sales Commitment for Its Solar Technology, With Markets in Over a Dozen Countries
GENEVA, Nov 19, 2009 -- Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has signed a Letter of Intent (LOI) with Malta Licensing & Distribution Network S.A. (MLDN), a Maltese based international distributor with exposure into over 12 countries world-wide.
The earlier discussions with Malta Licensing & Distribution Network have resulted in an increase from the original 500 units per year to 1000 units per year minimum sales, in the definitive Letter of Intent (LOI).
"With distribution into North Africa, Greece, Turkey, the Middle East and the UAE the LOI agreement with Malta Licensing will accelerate our growth into these very important international markets," stated Sean Kelly, President and CEO of Kender Energy Inc. Mr. Kelly further states, "We welcome Malta Licensing and Distribution on the Kender Energy team with the goal to further populate the international world with our cutting edge solar technology." About Kender Energy Inc.: Kender Energy Inc. is a development phase company active in the field of solar energy. Its present prototypes of solar panels are being developed into a full-scale solar energy production system. The particularity of the Kender solar panel system and technology is to allow, via a closed circuit of gas (usually helium), to create a heat exchange with the sunlight and the air from the environment. The exchange generates the spinning of the helium gas in the closed circuit, propelling a turbine, which produces electricity in a 100% clean and renewable process. The system's main advantages are that it is efficient, cheap in production, and modular. The company is based near Geneva, Switzerland. Its Website is www.kendersolar.com.
Safe Harbor Statement: All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Xcellink Sets Target Definition Study to US Military Specifications for Optimal Mobile Banking Security
Quality and Certification Levels to Comply With the Principles of Relevant US Military Specifications, Which Will Facilitate Integration of Xcellink Products Into Banking and Related High Security Businesses
LAS VEGAS, NV, Nov 19, 2009 -- Xcellink International Inc. (OTCBB: XCEL), a developer of patented mobile payments & banking platforms, announced today that it has set new Preliminary Target Definition Studies for the development of the Xcellink Patented technology.
These studies are the basis for generating specifications that comply with the United States Military's security definitions. By definition, the Xcellink software will be rated as secure as possible, meeting and exceeding published industry standards.
This will facilitate integration into existing banking and related high security businesses, thereby creating a value-added proposition as the company develops contractual relationships.
In a 2008 survey, 62 percent overall and 72 percent of people with incomes from $100,000 to $150,000 reported "enhanced security" an essential before they would begin to use a mobile P2P service. In another 2008 survey, 61 percent of people said that hackers obtaining their financial information was a primary concern, and 55 percent said the same for the possibility of fraudulent transfers. Xcellink's technology has been designed to respond to these concerns, providing a safe platform for consumers of all types.
A Company spokesperson noted, "Security has been a paramount issue on the Internet for some years now, and only now are mobile applications starting to be the targets of hackers. Our systems are being designed to thwart threats, and are being built for the emerging adoption of mobile banking applications globally." In addition, the documentation provides companies and other entities that will license Xcellink's technology with a base for development, and the specification for the Target Definition Study at a sufficient level to ensure their development work can be presented to subsequent customers at quality and certification levels that are generally in accordance with US Military Specification MIL-STD-499A/B for system engineering and similar industry accepted standards.
About Xcellink Xcellink International Inc. is a developer of advanced platform-independent customer-centric payment systems and methodologies. Xcellink's patented system has the technical ability to replace all credit, debit, charge and smart cards, providing all functions of order, warehousing, delivery and payment for all types of goods and services in a customer-centric manner that is more efficient, economical, and secure than systems operating today. Xcellink's unique process enables customers, rather than the merchant, to initiate, control and pay for all transactions, without the need for credit cards, in real-time anywhere, anytime, and at a fraction of the cost of current transactions. Please visit www.xcellink.com Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the Securities and Exchange Commission.
Celestial Delights USA Corp. Appoints Director -- Company Takes Aim at Asia
PHOENIX, AZ, Nov 19, 2009 -- Celestial Delights USA Corp. (OTCBB: CLDS) (the "Company") is pleased to announce the appointment of Mr. Marcus Laun as a member of the Board of Directors.
Mr. Laun is currently a senior banker at Wynston Hill Capital, LLC where he is responsible for all aspects of capital raising and advisory engagements for micro- and small-cap ventures. Since May 2009 he has been a Director with GC China Turbine Corp. From 2004 through 2008, Mr. Laun held various senior positions at Knight Capital Group of New York. From 2000-2004, Mr. Laun was founder and chief executive officer of Hype (USA) Inc. which controlled the exclusive rights to HYPE Energy Drink in North America. Prior to this, Mr. Laun was a vice president of corporate finance at Brean Murray & Co., Inc. and a research analyst at Greenwich High Yield LLC and Mendham Capital Group LLC. Mr. Laun received a Master's in Business Administration degree from Columbia Business School and received a Bachelor of Science degree from Cornell University.
Celestial Delights appreciates Mr. Laun's invaluable expertise, knowledge and participation as the Company moves towards the development of strategic business interests in Asia.
Details of this appointment can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.
Notice Regarding Forward-Looking Statements This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
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