The news story you are looking for has expired. A more recent related article is displayed below.

InvestSource, Inc.: Seamless Corporation CEO Discusses Recent Feature in Equities Magazine in Audio Interview on www.stockbully.com

Stocks in the News: Seamless Corporation (OTC Bulletin Board: SMWF), NIC (NASDAQ: EGOV), Digital River, Inc. (NASDAQ: DRIV), Rackspace Hosting, Inc. (NYSE: RAX)

September 18, 2008 - Seamless Corporation (OTC Bulletin Board: SMWF), an Internet and software company that develops cutting-edge technologies, announced today that its Chief Executive Officer, Mr. Albert Reda, has been featured in an exclusive interview on the multimedia website http://www.stockbully.com. Mr. Reda discussed a number of topics, including the company's feature in Equities Magazine and its recent agreements with Garmin USA, Inc. and AVG Technologies.

Seamless Corporation recently announced that the company has signed an agreement with Garmin USA, Inc., a subsidiary of Garmin Ltd., which will provide Seamless Internet with access to Garmin Mobile(TM) XT software. The Garmin Mobile(TM) XT software may now be installed on Seamless Corporation's S-Gen UMPC (Ultra Mobile Personal Computer), allowing it to function as a highly portable GPS device, as well as a computer, phone, and MP3 player.

"This is rapidly becoming a breakthrough year for Seamless and we are excited that we get to share it with our investors. The coverage in Equities Magazine was a bit of a 'pat on the back' for all of our hard work and strategic planning. I'm really looking forward to seeing what the rest of this year holds for us," stated Albert Reda, CEO of Seamless Corporation.

September 18, 2008 -- Keeping track of new business opportunities with Colorado state government just got easier. Users of the state's online procurement bidding system, known as Colorado BIDS, may now pay the $40 annual registration fee with a credit card. The enhanced service was launched in conjunction with Colorado.gov, the state's official Web portal (http://www.Colorado.gov).

Colorado BIDS acts as a centralized clearinghouse of information on hundreds of bidding opportunities for multiple state agencies. Vendors must be registered with BIDS in order to respond to these bidding opportunities.

"Online services, such as Colorado BIDS, are helping meet the needs of Colorado businesses," said Governor Bill Ritter, Jr. "This is just the latest step in our overall effort to improve government efficiency and customer service to the vendors wishing to do business with our state." Businesses are now able to complete the Colorado BIDS registration online instead of mailing the fee payment to the Department of Personnel and Administration, which allows businesses to start bidding on state government projects faster. Visa, MasterCard, and American Express payments are processed immediately through Colorado.gov's secure payment processor.

"By offering electronic payments through the Colorado BIDS system, we are using the latest technology to deliver improved customer service to Colorado businesses," said Rich Gonzales, Executive Director of the Colorado Department of Personnel & Administration. "This convenient, user-friendly checkout service streamlines the registration process, and is yet another example of why good government starts here."

September 18, 2008 -- Digital River, Inc. (NASDAQ: DRIV), a leading provider of global e-commerce solutions, today announced that the company will sponsor, exhibit and speak at the seventh annual fall conference organized by the Independent Software Developers Forum (ISDEF). The conference is being held Sept. 26-28, 2008, at the Holiday Inn Vinogradovo in Moscow, Russia. The event will focus on the international software market and address some of the issues that IT companies currently face.

Digital River, a general sponsor of the ISDEF conference, will host an exhibit booth and an evening social event for conference attendees. In addition, a representative from the company will present a keynote address, entitled The State of the Market: the Global E-Commerce Environment.

ISDEF is a conference devoted to software development and marketing issues. The event attracts independent software developers as well as international IT professionals. More information about the conference is available at http://www.isdef.com/en/conference/.

September 18, 2008 - Rackspace Hosting, Inc. (NYSE: RAX), a leading hosting services provider, today announced from the Web 2.0 Conference the release of their new Platform Hosting solution. Created as a unique alternative to colocation, Platform Hosting gives users the control to manage all aspects of their hosting environment, with the added benefit of managed hardware and aggressive service level agreements, backed by a world-class data center and network infrastructure.

Rackspace's mission is to change the way companies consume IT services by offering an entire portfolio of solutions to fit every customer's evolving needs. With Platform Hosting, Rackspace provides 24/7 management of the equipment, network infrastructure and data center. The customer retains full control and manages the everyday administrative responsibility of their hosting environment including the operating system, networking devices, monitoring, storage and applications. This offering gives customers that require more control and flexibility the ability to administer their environment, without the burden of managing the hardware infrastructure.

The Platform Hosting solution easily scales to fit a customer's growth and complexity needs. A dedicated Rackspace team provides infrastructure support along with design and deployment expertise to ensure customers can focus on their application environment, not the day-to-day burden of managing the infrastructure. Rackspace backs the Platform Hosting solution with its 100 percent Network Uptime Guarantee and one hour hardware replacement guarantee.

Market Wrap for September 18, 2008 Stocks tumbled nearly 5% for the second day this week after the government extended AIG (AIG 2.06, -1.69) an $85 billion emergency loan in a move that did little to ease credit market turmoil.

The major indices ended on a sour note at session lows. All ten of the economic sectors posted a loss, with financials (-8.9%) falling the most. Weakness was widespread, the best performing sector, energy, posted a loss of 2.4%.

To prevent an AIG bankruptcy filing, the Federal Reserve agreed to provide an $85 billion two-year loan in exchange for a 79.9% stake in the insurance giant. The Fed said a disorderly failure of AIG could add to already significant levels of financial market fragility. The loan does not come cheap; AIG has to pay the three-month Libor rate (currently at 3.06%) plus 8.5%.

The bailout did little to stop the turmoil in the credit markets. The TED spread --the difference between the three-month Treasury bill and the three-month Libor -- spiked to 3.02%, marking its highest level on record. The higher spread indicates increased fears of credit risk and reluctance of banks to lend to each other. In a flight to safety, investors flocked to the three-month Treasury bill, sending its yield to only 0.04%, down sharply from last Friday's yield of 1.47%.

ABOUT INVESTSOURCE, INC.: WIN an 8 day 7 nights Caribbean Getaway, GO TO: www.investsourceinc.com.

Coming in late Summer of this year: Go Baby GO!!! The first book of its kind on the OTCBB and Pink Sheet Markets www.gobabygobook.com .

To hear "The Fastest 60 Seconds in the Small-Cap Market," please go to www.ceo-corner.com InvestSource, Inc. is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. InvestSource, Inc. affiliates, officers, directors and employees may also have bought, or may buy the shares discussed in this opinion and may profit in the event of a rise in value. InvestSource, Inc. will not advise as to when it decides to sell and does not, and will not, offer any opinion as to when others should buy or sell; each investor must make that decision based on his or her judgment of the market Please consult your broker before purchasing or selling any securities mentioned herein. To view full disclaimers, please go to http://investsourceinc.com/php/disclaimer.php (disclaimers).

This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. The information contained in an InvestSource profile is provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. InvestSource has not been compensated for this company profile. To view full disclaimers, please go to http://investsourceinc.com/content/disclaimer.

CONTACT: InvestSource, Inc e-mail: info@investsourceinc.com WWW: http://www.investsourceinc.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

Copyright (C) 2008 M2. All rights reserved

News Provided by COMTEX


Related terms: advisor, bankruptcy, book, broker, business, caribbean, ceo, colorado, computer, conference, credit card, dealer, ecommerce, e-mail, emergency, energy, environment, equity, executive, government, hardware, hosting, internet, investment, magazine, market, marketing, mp3, nasdaq, networking, note, nyse, online, otc, profit, russia, securities, software, technology, track, treasury, web, yield

Sponsored Links

 

Related Articles

Seamless Corporation CEO Discusses Recent Feature in Equities Magazine in Audio Interview on
Sep 18, 2008
Seamless Corporation CEO Discusses...Feature in Equities Magazine in Audio...com Seamless Corporation (OTC Bulletin...feature in Equities Magazine and its recent...Technologies. Seamless Corporation recently...

Seamless Corporation CEO Discusses Recent Feature in Equities Magazine in Audio Interview on www.stockbully.com
Sep 18, 2008
...Twitter Seamless Corporation CEO Discusses...Feature in Equities Magazine in Audio...FirstCall/ -- Seamless Corporation (OTC Bulletin...feature in Equities Magazine and its recent...Technologies. Seamless Corporation recently...

InvestSource, Inc.: Recent Feature in Equities Magazine in Audio Interview on www.stockbully.com
Sep 22, 2008
...Feature in Equities Magazine in Audio Interview...Discussed by Seamless Corporation CEO Stocks...feature in Equities Magazine and its recent...Advertisement Seamless Corporation recently announced...coverage in Equities Magazine was a bit of...Reda, CEO of Seamless Corporation. September...

Seamless Will Present at EQUITIES Magazine's Third Annual NASDAQ MarketSite Conference
Oct 2, 2008
...Will Present at EQUITIES Magazine's Third Annual...FirstCall/ -- Seamless Corporation (OTC Bulletin...will present at EQUITIES Magazine, Third Annual...to presenting Seamless Corporation and our product...