12-2-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Reuters

Wall St at session highs

NEW YORK (Reuters) – Stock indexes hit session highs Thursday afternoon, with the Dow industrials and Nasdaq Composite up more than 1 percent after the European Central Bank left in place a liquidity safety net for vulnerable banks, and U.S. data gave extra support to equities.

The Dow Jones industrial average gained 117.72 points, or 1.05 percent, to 11,373.50. The Standard & Poor's 500 Index rose 15.66 points, or 1.30 percent, to 1,221.73. The Nasdaq Composite Index added 28.07 points, or 1.10 percent, to 2,577.50.

Yesterday's Top Performing Small Cap Stock:

Energy & Technology Corp. ENGT

Energy & Technology Corp. was a SmallCapVoice.com top performer closing up over 69% on trading volume of 2,300 shares.

As the holding company of Technical Industries, Inc., Energy Pipe, LLC. and Energy Technology MFG & Threading LLC., Energy & Technology, Corp. is a single source for rig, integrated systems, down hole tools, OCTG tubing and casing, linepipe, drillpipe, drilling tools and supply chain solutions. ENGT provides a comprehensive drilling system for parts, down hole tools, engineering, non-destructive testing, storage, maintenance and other products, and services.

Today's SmallCapVoice.com Hot Stock to Watch:

Madison Ave. Media, Inc. KHZM

One of America's Best Known and Most Respected Marketing Communication Executives Joins Madison Ave. Media Advisory Board

Bruce Silverman Brings Distinguished Background and Experience to the Board

BOCA RATON, FL — (Marketwire) — 12/02/10 — Madison Ave. Media, Inc. KHZM, today announced that Bruce Silverman has joined its Advisory Board and will work with corporate leadership as the company continues its rapid growth.

Madison Ave. Media Chairman Stephen Molinari commented, “I first had the pleasure of working with Bruce almost two years ago, at the inception of our company. His insight and vision played a major role in our initial planning for the company and we couldn't be more excited about his decision to join our Advisory Board. His continuing involvement will further secure our already bright future in the rapidly expanding digital media space.”

SmallCapVoice Clients' News

Infrax Systems, Inc. IFXY

Infrax Systems (IFXY) Adds Southeast Regional Sales Office to Focus on Utility Sales

Sales Efforts to Be Led by Successful Utility Industry Veteran

ST. PETERSBURG, FL — (Marketwire) — 12/01/10 — Infrax Systems, Inc., IFXY, a global provider of unified Smart Grid-related products and services for the Energy and Utility industries, announced today that it has added a Regional Sales office in the Atlanta area to increase penetration of utilities in the Southeastern United States.

Other Small Cap News

Zogenix, Inc. ZGNX

Zogenix and Desitin Announce First European Marketing Approval for SUMAVEL(R) DosePro(TM)

SAN DIEGO and HAMBURG, Germany, Dec. 2, 2010 (GLOBE NEWSWIRE) — Zogenix, Inc. ZGNX and Desitin Pharmaceuticals GmbH today announced that the Danish Medicines Agency of Denmark has approved the Marketing Authorization Application (MAA) for SUMAVEL(R) DosePro(TM) (sumatriptan injection) Needle-Free Delivery System. Denmark is the first country in Europe to grant marketing authorization for SUMAVEL DosePro for the acute treatment of migraine attacks, with or without aura, and the acute treatment of cluster headache.

EMRISE Corporation (NYSE Arca: ERI)

EMRISE Receives $1 Million Follow-on Order for Electronic Sub-Assemblies Used in Oil and Natural Gas Drilling

DURHAM, N.C.–(BUSINESS WIRE)– EMRISE Corporation (NYSE Arca:ERI), a multi-national manufacturer of defense, aerospace and industrial electronic devices and communications equipment, today announced that it has received a $1 million follow on production order for electronic sub-assemblies from an existing U.S.-based multinational customer for use in a harsh environment oil and natural gas drilling application. Shipments against this order are expected to occur monthly beginning in the first quarter of next year and are expected to end in the fourth quarter of 2011.

Casella Waste Systems, Inc. CWST

Casella Waste Systems, Inc. Revenues and Operating Income up Year-Over-Year in Second Quarter Fiscal Year 2011 Results

RUTLAND, VT–(Marketwire – 12/01/10) – Casella Waste Systems, Inc. CWST, a regional solid waste, recycling and resource management services company, today reported growth in both revenue and operating income as it released its financial results for the second quarter of its 2011 fiscal year.

Krispy Kreme Doughnuts Inc. KKD

Krispy Kreme swings to a third-quarter profit

SAN FRANCISCO (MarketWatch) — Krispy Kreme Doughnuts Inc. KKD said late Wednesday it swung to a third-quarter profit of $2.4 million, or 3 cents a share, from a net loss of $2.4 million, or 4 cents a share, in the same quarter last year. Revenue for the Winston-Salem, N.C.-based company rose 7.9% to $90.2 million. Analysts polled by FactSet expected the company's earnings to break even on revenue of $87.8 million. Krispy Kreme's shares were up 1.5% in after-hours trade.

China Nuokang Bio-Pharmaceutical Inc. NKBP

China Nuokang Bio-Pharmaceutical Provides Update on Kaitong

SFDA Issues Manufacturing License for Kaitong

BEIJING, Dec. 1, 2010 (GLOBE NEWSWIRE) — China Nuokang Bio-Pharmaceutical Inc. NKBP (“Nuokang” or the “Company”), a leading China-based biopharmaceutical company focused on the research, development, manufacture, marketing and sales of hospital-based medical products, today announced that the manufacturing license for Kaitong has been issued by the State Food and Drug Administration (“SFDA”). Kaitong is one of the Company's key pipeline candidate products that was in-licensed from the Company's development partner, Jilin Yuhua. The Company continues to expect revenue contribution from the product in early 2011.

Cumberland Pharmaceuticals Inc. CPIX

Newly Published Data Shows Kristalose Preferred by 77% More Patients Compared to Liquid Lactulose

Patients with chronic constipation prefer taste, consistency and portability of Kristalose

NASHVILLE, Tenn., Dec. 1, 2010 /PRNewswire-FirstCall/ — Cumberland Pharmaceuticals Inc. CPIX today announced the publication of a patient preference study evaluating Kristalose® (lactulose) for Oral Solution, a prescription laxative packaged as a crystalline powder, compared to liquid lactulose products. The study, which appeared in the Volume 3, 2010 issue of Clinical and Experimental Gastroenterology, showed that patients with chronic constipation preferred the taste, consistency and portability of Kristalose over similar products in liquid forms.

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