Global-Tech Advanced Innovations Announces Continued Profitability for Third Quarter of Fiscal 2012

Global-Tech Advanced Innovations Inc. (NASDAQ:GAI - News) today announced its financial results for the fiscal quarter ended December 31, 2011 (the Company’s third quarter of fiscal 2012).

Net sales for the third quarter of fiscal 2012 were $44.2 million, an increase of approximately 81% when compared to $24.4 million for the corresponding quarter in fiscal 2011. Net sales of electronic components and revenues from electronic manufacturing services (EMS) increased approximately 33% and 19%, respectively, compared to the corresponding quarter in fiscal 2011, while sales of home appliances (primarily floor care products) nearly tripled due to the Company’s planned exit from this business segment in the fourth quarter of fiscal 2012 and the related increase in purchase orders from customers seeking to increase their inventory.

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Cogo Posts Record Annual Revenue for 2011

- 2011 revenue of $564.7 million grew 43.9% versus 2010; 4Q11 revenue grew 49.3% to $169.5 million
- In 4Q11, the Company records $37.6 million non-cash goodwill impairment charge and Diluted Non-GAAP EPS Diluted of $0.13
- SME demand likely to be negatively impacted by tightened credit policies for the rest of 2012

Cogo Group, Inc. ("Cogo", or the "Company") (NASDAQ: COGO ), a leading gateway for global semiconductor companies to access the industrial and technology markets in China, today reported record quarterly revenue of $169.5 million, up 49.3% year-over-year from $113.5 million reported a year earlier.

Read more: Cogo Group Inc ( COGO )

New York, NY - March 16, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on China stock, Cogo Group, Inc. (Nasdaq: COGO). The stock is trading at $3.13, up 1.19 (61.34%) as of 12:45PM EDT with a morning high of $4.00. The Company reported record quarterly revenue of $169.5 million, up 49.3% year-over-year from $113.5 million reported a year earlier.

 Summary:

 2011 revenue of $564.7 million grew 43.9% versus 2010; 4Q11 revenue grew 49.3% to $169.5 million

     In 4Q11, the Company records $37.6 million non-cash goodwill impairment charge and Diluted Non-GAAP EPS Diluted of $0.13

Read more: China Stock Alert: Cogo Group (Nasdaq: COGO) Soars on Record Revenue

PORTLAND, OR - October 11, 2011 (Investorideas.com Tech stocks newswire) - Nyxio Technologies Corporation (OTC.BB: NYXO.PK) ("Nyxio" or the "Company"), a leading provider of cutting edge "Smart TV" and consumer electronics devices, is very pleased to announce the "Venture" Mobile Media Viewer ("MMV") to its growing product lineup.

The Venture MMV is a new class of video eyewear offering designer styling in a sleek, ergonomic form with unparalleled features and performance. The slim profile and cinematic view screen ensure a state of the art, fantastic wireless viewing experience that is compatible with most video and audio formats.

Read more: Consumer Electronic Stock News; Nyxio (OTCBB:NYXO) Announces

PORTLAND, OR - September 30, 2011 (Investorideas.com Tech stocks newswire) - Nyxio Technologies Corporation (OTC.BB: NYXO.PK) ("Nyxio" or the "Company"), a leading provider of cutting edge "Smart TV" and consumer electronics products, is very pleased to welcome Janny Peng as Director of Asian Operations just as the Company commences strategic plans for entry into the Chinese marketplace where recent estimates place over 32 million "Smart TVs" to be sold over traditional televisions by 2015 (a 54% market share).

Reporting to Paul Higby, VP of Global Operations and ultimately to David Dabau, Company COO, Ms. Peng brings over 10 years of marketing and management experience and ongoing success in sales, manufacturing, product development, operations and logistics within markets across Asia and parts of the Russian Federation.

Read more: Consumer Electronic Stock News; Nyxio Technologies (OTCBB:NYXO) Appoints Director of Asian...

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