August 7

Hawk Announces Record 2008 Second Quarter Sales and Income from Operations

Hawk Corporation (Amex: HWK) announced today that net sales from continuing operations for the second quarter ended June 30, 2008 increased by 29.8% to a record $71.8 million from $55.3 million in the comparable prior year period. The Company\'s second quarter 2008 net sales benefited from strong economic conditions in all of its end markets, pricing actions to partially offset cost increases, favorable foreign currency exchange rates and new product introductions. The effect of foreign currency exchange rates accounted for 7.8% of the total net sales increase of 29.8% during the second quarter of 2008. The Company experienced strong sales growth from all of its facilities in the second quarter of 2008.
Read more: Hawk Corporation ( HWK )
August 7

TXCO Resources Reports Strong Pearsall Well Flows

TXCO Resources Inc. (Nasdaq: TXCO) today provided initial test results on its Myers 2-683H well targeting the Maverick Basin’s Pearsall shale gas resource play.

Following completion of a five-stage fracture stimulation, the well (100 percent working interest through completion) flowed an average of approximately 3.5 million cubic feet of gas per day and 2,500 barrels per day of frac fluid at 3,875 psi flowing tubing pressure. Flow rates continue to rise as the well returns frac fluid.
Read more: TXCO Resources Inc ( TXCO )
POINT ROBERTS, WA and DELTA, BC – August 6, 2008, Investorideas.com and Techsectorstocks.com, a Technology Stocks Investor Portal within Investorideas.com, announce the availability of an updated research report for Geeks On Call Holdings, Inc. (OTCBB: GOCH), issued by Emerging Growth Research. Geeks On Call is a premier national provider of on-site computer service and solutions to small business and residential markets. The update features photos and details on merchandising of the initial 20 Sam\'s Club locations initially announced in an 8K filing.
Read more: Research Report Update by Emerging Growth Research on Showcase Technology Stock,
Reveals Databarracks’ Survey

The latest results from the Databarracks annual Backup and Recovery survey indicate that overall, 91% of companies claim to be confident in their backup solution. Upon further investigation, 74% of those who do not use encryption or replication and do not take backups offsite are confident despite skipping these steps. Furthermore, 67% still consider their backup solution to be secure even though they do not keep or check backup logs and do not test their restores to ensure that they are working properly.
Read more: Companies Have a False Sense of Confidence in Their Backup Solutions
Research by Storage Expo (www.storage-expo.com) has found that the top data storage challenge facing organisations is how to implement the right disaster recovery strategy (83%). The second most important issues of concern to the 252 organisations covered in the research was ensuring data security for the business (82%) and third was the management of increasing volumes of data (81%). Centralising data access was a concern for 79% of organisations closely followed by how to store data cost effectively (77%). Ensuring compliance with the latest data storage legislation and knowing what regulations to comply with are of concern to 68% of organisations. Achieving interoperability across existing storage solutions was an issue for 60% of organisations.
Read more: Survey finds Disaster Recovery is the Top Issue for Organisations