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VSYM.OB, PWER, PTSI Stock Market Report from PennyGovernance.com

Jul 17th, 2010

 

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View Systems, Inc. (OTCBB:VSYM.OB), a security and tele-data solutions provider, announced recently that the company’s Network Services Division has received a contract to run fiber optic pathways to a series of approximately 108 multi-dwelling units.

The jobs will take place in and around the Baltimore area. View’s team of technicians is gearing up to embark upon this significant project.

Paul Price, Vice President of View’s Network Services Division, states, “We were chosen to carry out this large set of installations because of our responsible and steady work ethic, our style of neatly running pathways, and our ability to meet and exceed expectations. We look forward to starting work on this extensive project, and gaining additional fiber optic contract work.”

 

Power-One, Inc. (Nasdaq:PWER), a leading provider of renewable energy and energy-efficient power conversion and power management solutions, today announces the creation of two separate Strategic Business Units (SBU) within the company. The Renewable Energy Solutions SBU will design, manufacture and sell inverters and related infrastructure products for the solar and wind markets. The Power Solutions SBU will focus on Power-One’s traditional AC/DC and DC/DC power conversion products, network power systems and digital power technology, selling into the networking, storage, server and industrial markets, among others.

The SBUs were created as a result of the high growth in the inverter and solar markets and the expanding opportunities available to Power-One and its power conversion products. While both SBUs are well-grounded in power conversion technology, each has a different set of business characteristics, including design, customers, supply chain, manufacturing and sales. The differences are fundamental and require two distinct management approaches to grow the businesses. By separating the two businesses, Power-One believes it can better service the needs of both customer bases.

 

PAM Transportation Services, Inc. (Nasdaq:PTSI) announced that Larry J. Goddard was elected to the position of Executive Vice President for the Company. Mr. Goddard has served as Vice President-Finance, Chief Financial Officer, Secretary and Treasurer since 1991, and in various other capacities with the Company since he was hired in 1987.

Lance K. Stewart will assume the position of Vice President-Finance, Chief Financial Officer, Secretary and Treasurer. Mr. Stewart has served in the capacity of Vice President of Accounting and Controller since 2002 and in various other capacities with the Company since 1989.

 

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