Technology Stocks Gain Interest With ‘IP’ Driving The Charge
February 10 2015 - 10:10AM
InvestorsHub NewsWire
The United States has some of the most advanced software and
information technology services industry in the world. In
fact, CSI Market has tracked the industry’s growth and as of the
fourth quarter 2014, the technology sector realized quarter over
quarter growth of over 16% and year over year growth of just under
12%. As far as industry drivers, cloud computing, entertainment
software, and e-commerce have lead the charge. The IDC expects that
global revenue from public cloud computing services will grow four
times as fast as information technology spending generally,
increasing by 27.6% year-over-year from $21 billion in 2010 to more
than $76 billion in 2015. Furthermore, research has shown that the
use of the Internet for selling and buying retail products
continues to expand across the globe at an incredible pace.
According to statistics compiled by Census, U.S. retail e-commerce
spending for the third quarter of 2014 reached $78.1 billion, an
increase of 4% from the second quarter of 2014.
Endeavor, Inc. (OTC:ENIP)
announced last week that the company appointed David Waldman to
Endeavor's Board of Directors. Mr. Waldman founded Crescendo
Communications LLC, an IR firm and has served as its CEO since
2006. Franciscus Diaba, Endeavor's CEO and Chairman of Board,
stated, "We are very pleased to have Mr. Waldman join our Board.
David brings extensive knowledge and experiences in investor
relations and capital markets consulting to Endeavor. He has a long
and successful track record working with publicly traded companies
of all sizes and across a wide range of industries, including
telecommunications, technology, industrial, financial, medical, and
business services. I look forward to working with David as we
continue to grow our business."
According to Endeavor, it offers a portfolio approach to
intellectual property investing that mitigates risk and maximizes
returns. We are technology agnostic and apply modern investment
management techniques to the patent sector. Our goal is simple:
Provide investors with a “Best In Class” portfolio of intellectual
property investments. Since making the announcement,
Endeavor’s share price has jumped as much as 318% from Thursday’s
close to Monday’s intra-day high.
FOR MORE INFO ON (ENIP) CLICK
HERE
Similar to Endeavor, Ubiquity,
Inc. (OTCBB:UBIQ)
is a vertically integrated, technology-focused media company.
Ubiquity is focused in five specific areas with a robust portfolio
of patents and intellectual property. During late January,
Ubiquity announced that it has signed an agreement to acquire
Coversant, Inc., a developer of a SoapBox platform classified as an
"Internet of Things Service Bus". The SoapBox protocol is
mandated by the Department of Defense for real time communication
for voice, video, chat, messaging and presence. According to the
company, Coversant recorded revenues of approximately $1.2 million
in 2014.
Since making the announcement, shares of UBIQ have rallied.
From an opening price of $0.391 to highs of $0.915 on Monday.
The last time this stock was trading around $0.78, it ended up
rallying to nearly $3.00 over the course of several days and this
was back in November 2014.
FOR MORE INFO ON (UBIQ) CLICK
HERE
Nanotech Entertainment (OTC:NTEK)
has not been as fortunate as the previously mentioned
companies. Even though the share price remains nearly 50%
higher than January lows, the stock has suffered a loss of about
20% from early February highs. In a February 6 announcement,
the company stated that Film Editor Harmy has joined the 4K Studios
team. Harmy, creator of the internet sensation, "Star Wars
Despecialized Edition," has a global following of film restoration
and re-mastering work. Starting in February, UltraFlix viewers will
start to see the "Re-Mastered by 4K Studios" Logo appearing on
films that are updated through this program.
FOR MORE INFO ON (NTEK) CLICK
HERE
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