Agoracom Blog

AGORACOM Small-Cap TV – 2 Great Press Releases At The Open (January 4th)

Posted by AGORACOM at 9:19 AM on Friday, January 4th, 2008

Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s January 4th and we’ve found 2 great press releases from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.

You can watch AGORACOM TV right from our home page , or our archive where you can see or search all of our previous shows.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap press releases of the day in 3-5 minutes. You can watch the show by going to AGORACOM every morning.

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these blog entries where I simply cut and paste my TV notes for your benefit, without any editing.

If you have any material information pertaining to any of today’s companies, be sure to share your knowledge by posting your comments for everyone to see.

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 65 great small-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

Now, onto our show notes for the day.

GuestLogix (TSX-V:GXI)

Ryanair Signs Agreement with GuestLogix for On-Board Sales Technology

Ryanair Europe’s largest low fares airline today announced an agreement with Canadian company for the provision of their Mobile Virtual Store(TM) onboard technology, that includes handheld electronic point of sale devices to assist Ryanair’s cabin crew with onboard sales transactions and grow Ryanair’s on board sales.

The new technology will be rolled out across Ryanair’s fleet from April 2008 and will significantly enhance the onboard sales service, enabling the introduction of more products and improving operations using GuestLogix’s technology.

Welcoming the deal, Ryanair’s CFO and Deputy CEO, Howard Millar said:

                   "Today's deal will mean we will improve our on-board product to better
                   meet passenger needs. The technology will also allow for the launch of
                   more new products, increasing our revenues and in turn enabling us to
                   offer even lower fares to our passengers".
 
                   Tom Douramakos, President and CEO of GuestLogix said:
 
                   "We are very proud to welcome Ryanair into our growing list of clients, a
                   company whose passion and vision for ancillary revenue innovation in the
                   passenger travel industry we share. We look forward to extending
                   Ryanair's on-board retail efforts into a wide variety of new products and
                   services. With the addition of Ryanair, the GuestLogix platform now
                   reaches more than 500 million passenger trips annually".
 
                   About GuestLogix
 

GuestLogix is a leading provider of on-board retail technology and solutions to the passenger travel industry. Its mission is to deliver innovative, end-to-end solutions that create new revenue growth while enhancing service in the world’s guest services supply chain. The Company’s customers include the world’s leading airlines, railways, ferries, hotels, caterers, and commissaries

$1.28 (.55 – 1.70)

The U.S. unemployment rate jumped from 4.7 per cent in November to 5 per cent in December, the highest since November, 2005, after the Gulf Coast hurricanes dealt the country a mighty blow. Payrolls — both private employers and government — grew by just 18,000 last month, the worst showing since August 2003, when the economy suffered job losses as it struggled to recover from the 2001 recession.

The December employment picture was much weaker than economists were expecting. They were forecasting the unemployment rate to bump up to 4.8 per cent and for employers to add around 70,000 jobs to their payrolls.

= Increased Pressure On Fed

= Lower Interest Rates

= Weaker US Dollar (dollar has already dropped this morning against Euro and Yen)

= Higher Price of Gold (low as $855 but bounced to $863 after the news)

Also. Lower rates = higher inflation = higher price of gold.

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