PicksThatMove: www.PicksThatMove.com: "Picks that move" Alerts, October 1, 2009: OVTI, JKHY, ACGL, VRTU, EBIX and ICOP.
Friday, Oct 02,2009, 1:05:34 PM Click:
-- October 1, 2009 OmniVision Technologies, Inc. (NASDAQ: OVTI) trading at $15.28 on a volume of 669,727 shares.
In a press release out on October 1, 2009 Digi-Key Corporation and OmniVision Technologies, Inc. Announce North American Distribution Agreement
THIEF RIVER FALLS, Minn. & SANTA CLARA, Calif., Oct 01, 2009 -- Electronic components distributor Digi-Key Corporation, recognized by design engineers as having the industry's broadest selection of electronic components available for immediate shipment, and OmniVision Technologies, Inc. (NASDAQ: OVTI), a leading developer of advanced digital imaging solutions, announced today the companies have entered into an agreement for the distribution of OmniVision's digital imaging solutions in North America.
About Digi-Key Corporation
As one of the world's fastest growing distributors of electronic components, Digi-Key Corporation has earned its reputation as an industry leader through its total commitment to service and performance. Digi-Key is a full-service provider of both prototype/design and production quantities of electronic components, offering more than 1.5 million products from over 400 quality name-brand manufacturers. A testament to Digi-Key's unparalleled commitment to service, North American design engineers have ranked Digi-Key #1 for Overall Performance for 18 consecutive years (EE Times Distribution Study/August 2009). Additional information and access to Digi-Key's broad product offering is available at www.digikey.com.
-- October 1, 2009 Jack Henry & Associates, Inc. (Nasdaq: JKHY) trading at $23.12 on a volume of 255,565 shares
In a press release on October 1, 2009 Jack Henry & Associates and Goldleaf Financial Solutions, Inc. Complete Acquisition Transaction
Goldleaf Receives Required Shareholder Approval; Integration of Companies Begins -
MONETT, Mo., Oct 01, 2009 -- Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of integrated technology solutions and data processing services for financial institutions, today announced that it has closed the transaction initiated to acquire Goldleaf Financial Solutions, Inc. (Nasdaq: GFSI), a provider of integrated technology-based solutions primarily for the financial services industry. As a result of the acquisition, Goldleaf Financial Solutions became a wholly owned subsidiary of Jack Henry & Associates and each outstanding share of GFSI common stock automatically converted into the right to receive $0.98 in cash.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. (Nasdaq: JKHY) is a leading provider of computer systems and ATM/debit card/ACH transaction processing services primarily for financial services organizations. Its technology solutions serve more than 9,800 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking supports banks ranging from de novo to mid-tier institutions with information processing solutions. Symitar is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. Additional information is available at www.jackhenry.com.
-- October 1, 2009 Arch Capital Group Ltd. (NASDAQ: ACGL) trading at $67.98 on a volume of 256,257 shares.
In a press release out on October 1, 2009 Arch Capital Group Ltd. to Report 2009 Third Quarter Results on October 26, 2009
HAMILTON, Bermuda, Oct 01, 2009 -- Arch Capital Group Ltd. (NASDAQ: ACGL) announced that it expects to release its 2009 third quarter results after the close of regular stock market hours on Monday, October 26, 2009. The Company will hold a conference call for investors and analysts at 11:00 a.m. Eastern Time on Tuesday, October 27, 2009.
Arch Capital Group Ltd., a Bermuda-based company with over $4.4 billion in capital at June 30, 2009, provides insurance and reinsurance on a worldwide basis through its wholly owned subsidiaries.
-- October 1, 2009 Virtusa Corporation (Nasdaq: VRTU) last at $9.32 on a volume of 33,222 shares
In a press release out on October 1, 2009 Virtusa Named One of '100 Fastest Growing Public Companies' by Boston Business Journal
BOSTON, Oct 01, 2009 -- Virtusa Corporation (Nasdaq: VRTU), a global IT services company that offers business consulting and outsourcing services, has been named to the Boston Business Journal's list of the "100 Fastest Growing Public Companies" in the Boston area. The recognition honors Massachusetts-based companies that saw substantial increases in revenue from 2006 to 2008 and marks Virtusa's second award for growth in the month of September.
About Virtusa Corporation
www.virtusa.com
Virtusa is a global information technology (IT) services company providing IT consulting, technology implementation and application outsourcing services. Using its enhanced global delivery model, innovative platforming approach and industry expertise, Virtusa provides high-value services that enhance clients' business performance, accelerate time-to-market, increase productivity and improve customer service.
-- October 1, 2009 Ebix, Inc. (NASDAQ: EBIX) trading at $54.12 on a volume of 302,187 shares
In a press release out on October 1, 2009 Ebix Acquires E-Z Data For $50.35 Million and Adds On-Demand CRM For Financial Services To EbixExchange
Acquisition likely to be accretive to Ebix EPS
ATLANTA, Oct 01, 2009 -- Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced today that it has acquired California-based E-Z Data, Inc. effective the 1st of October 2009. The signing of the binding agreement and the closing of the transaction was completed today. The acquisition is expected to be accretive to Ebix Earnings per Share (EPS).
About Ebix, Inc.
A leading international supplier of On-Demand software and E-commerce services to the insurance industry, Ebix, Inc., (NASDAQ: EBIX) provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry.
-- October 1, 2009 ICOP Digital, Inc. (NASDAQ: ICOP) trading at $0.594 on a volume of 897,806 shares
In a press release out on October 1, 2009 ICOP Receives Strategic Order From U.S. Army
U.S. Army Installation Selects ICOP In-Car Video Solution
LENEXA, KS, Oct 01, 2009 -- ICOP Digital, Inc. (NASDAQ: ICOP), an industry-leading company engaged in advancing digital surveillance solutions, announced today that the 88th MP Detachment in Camp Zama, Japan, recently purchased ICOP Model 20/20(R)-W digital in-car video systems through Raytheon Company (NYSE: RTN). Raytheon and ICOP recently entered into a reseller agreement enabling Raytheon to re-sell the ICOP solutions.
About ICOP Digital, Inc.
ICOP Digital, Inc. (NASDAQ: ICOP) is a leading provider of in-car video and mobile video solutions for Law Enforcement, Fire, EMS, Military, and Transportation markets, worldwide. ICOP solutions help the public and private sectors mitigate risks, reduce losses, and improve security through the live streaming, capture and secure management of high quality video and audio.www.ICOP.com
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