1-28-11 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

David K. Randall, AP Business Writer

Stocks dip after GDP report; mixed earnings

Stocks dip after report shows economy not growing as fast as expected

NEW YORK (AP) — Stocks fell in early trading Friday after a report showed that the U.S. economy isn't growing as quickly as economists expected.

The Commerce Department said Friday that gross domestic product grew at an annual rate of 3.2 percent between October and December. That's up from 2.6 percent in the previous quarter, but below the 3.5 percent analysts had forecast.

Disappointing corporate news was also sending stocks lower. Ford Motor Co. lost 10 percent after its earnings fell short of Wall Street's projections. Amazon.com Inc. fell 7.5 percent after reporting that higher costs cut down its profit margins.

The Dow Jones industrial average fell 13 points, or 0.1 percent, to 11,977 in morning trading. The Standard & Poor's 500 index fell 3, or 0.2 percent, to 1,297.

Today's SmallCapVoice.com Hot Stock to Watch:

Concordis Group, Inc. (Pink Sheets: CNGI)

A New Audio Interview with Trent S. Sommerville, CEO of Concordis Group, Inc., is now at SmallCapVoice.com

AUSTIN, Texas–(BUSINESS WIRE)– SmallCapVoice.com, Inc. announced today that a new audio interview with Concordis Group, Inc. (Pink Sheets: CNGI), a growing financial holding company, is now available. The interview can be heard at http://smallcapvoice.com/blog/1-27-11-audio-interview-with-concordis-group-inc-pink-sheets-cngi/.

Other Small Cap News

Attitude Drinks ATTD

Attitude Drinks' Phase III(R) Recovery Outperforms Gatorade and Chocolate Milk in Recent Study

PALM BEACH GARDENS, FL–(Marketwire – 01/28/11) – Attitude Drinks (OTC.BB:ATTD), an innovative beverage brand development company, announced today that in a recent clinical trial conducted by the United States Sports Academy (www.ussa.edu), the Company's Phase III ® Recovery Drink proved to be more effective in exercise recovery compared to leading sports beverage brand Gatorade and generic chocolate milk. The full results of the USSA study will be posted to Attitude Drinks' website by early next week.

ZST Digital Networks, Inc. ZSTN

ZST Digital Networks, Inc. Enters Into Purchase Agreement for New Office Space

Investment in New Office Space to Support Ongoing Growth

ZHENGZHOU, China, Jan. 28, 2011 /PRNewswire-Asia-FirstCall/ — ZST Digital Networks, Inc. ZSTN (“ZST” or the “Company”), a major developer, manufacturer and supplier of digital and optical network equipment to cable system operators and provider of GPS tracking devices and support services for transport-related enterprises in China, today announced that as a part of its ongoing expansion strategy, the Company recently entered into a purchase agreement for two floors of an office building located near its existing offices in Zhengzhou City, China. The purchased area is approximately 2,880 square meters, for a total purchase price of approximately US$7.8 million.

China Security & Surveillance Technology, Inc. CSR

China Security & Surveillance Technology Announces its Chairman's Interest in Developing a ‘Going Private' Proposal

SHENZHEN, China, Jan. 28, 2011 /PRNewswire-Asia-FirstCall/ — China Security & Surveillance Technology, Inc. (“CSST” or the “Company”) CSR, a leading integrated surveillance and safety solutions provider in the P.R.C., today announced that its Board of Directors has received a preliminary, non-binding letter from its Chairman and Chief Executive Officer, Mr. Guoshen Tu (“Mr. Tu”), which stated that Mr. Tu is considering the feasibility of developing a proposal to acquire all of the outstanding shares of common stock of CSST not currently owned by Mr. Tu in a going private transaction. Mr. Tu stated in the letter that “the amount of the purchase price has not been determined, but my firm expectation is that it will not exceed $6.50 per share.” Mr. Tu currently beneficially owns approximately 20.9% of CSST's common stock.

Pain Therapeutics, Inc. PTIE

Pain Therapeutics Receives $5,000,000 Payment

SAN MATEO, Calif., Jan. 28, 2011 (GLOBE NEWSWIRE) — Pain Therapeutics, Inc. PTIE today announced that it had received a $5,000,000 milestone payment from King Pharmaceuticals, Inc. KG, its exclusive commercial partner for abuse-resistant prescription pain medications.

Orbit International Corp. ORBT

Orbit International Corp. Receives Order for the E-2 Hawkeye Aircraft Valued in Excess of $600,000

HAUPPAUGE, N.Y.–(BUSINESS WIRE)– Orbit International Corp. ORBT, an electronics manufacturer and software solution provider, today announced that its Orbit Instrument Division received an order in excess of $600,000 for data entry panels for the mission control in the E-2 Hawkeye, the all weather carrier-capable Airborne Early Warning (AEW) aircraft, designed to give long-range warning of incoming aerial threats. Deliveries under this contract are expected to commence in the second quarter of 2011 and continue through the fourth quarter of 2011.

Conexant Systems, Inc. CNXT

Conexant to Redeem Remaining 4.00% Convertible Subordinated Notes

NEWPORT BEACH, Calif.–(BUSINESS WIRE)– Conexant Systems, Inc. CNXT today announced that it intends to redeem the remaining $11,218,000 aggregate principal amount of outstanding 4.00% convertible subordinated notes due 2026 (CUSIP Nos. 207142AG5 and 207142AH3) on March 1, 2011. The convertible notes will be redeemed for cash at a redemption price of 100% of the principal amount of the notes, plus accrued and unpaid interest up to, but excluding, the redemption date. The company plans to use cash on hand to fund the redemption.

MusclePharm(R) Corporation MSLP

MusclePharm Inks Deal With Canadian Distributor American Nutrition Inc.

DENVER, Jan. 28, 2011 (GLOBE NEWSWIRE) — MusclePharm(R) Corporation MSLP, one of the fastest growing nutritional supplement companies in the United States, is excited to announce that it has signed a deal with Canadian distributor American Nutrition Inc. (ANI) to distribute its popular products to a growing Canadian market.

Sunvalley Solar, Inc. SSOL

Sunvalley Solar Awarded New Solar Installation Contract in Imperial, CA

The 45.6 Kilowatt solar power system is comprised of 480 solar panels from Tianwei Solarfilms and one 50KW solar inverter from PV Powered. The total contracted value is approximately $209,760. The contract is supported by ~$100K of solar incentive rebates from the local utility company and ~$63K of Federal Tax Cash Grants from the Federal Treasury Department.

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