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Market Watch - Active Tech Companies Investors should see: GroveWare Technologies, Facebook, Verizon, VuMee Inc. and salesforce.com Inc.


News provided by

FN Media Group LLC

Jan 10, 2013, 09:15 ET

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CORAL SPRINGS, Florida, January 10, 2013 /PRNewswire/ --

"Active Tech Companies Watch" for today:  GroveWare Technologies Ltd. (OTC:GROV), Facebook, Inc. (NASDAQ: FB), Verizon Communications (NYSE:VZ), VuMee.com (OTC: VUME) and salesforce.com, Inc. (NYSE: CRM)

Headline News: GroveWare Technologies Ltd. (OTC:GROV) Implements MobiTask™ at Several of America's Largest Independent Building Inspection Agencies and Launches the MobiTask Solution into the Building Code Compliance, Certification & Enforcement Sector.  

Stay informed on GroveWare Technologies developments by getting FREE news alerts & updates delivered directly to your mobile phone by texting GROV to 545454 from your cellular device or visit http://grov.mobi for more details.

GroveWare Technologies has recently concluded a series of contracts to install and implement GroveWare's MobiTask™ inspection software at several residential and commercial building inspection companies in the northeastern U.S. MobiTask is designed to streamline each customer's inspection process, enhance quality assurance, and improve the timeliness, while reducing the costs, associated with their inspection, reporting, compliance and certification activities. Each of the five companies learned about the solution from its representative from Verizon Wireless (NYSE:VZ), GroveWare's largest channel partner.

GroveWare's MobiTask will help to resolve several of the fundamental challenges that most inspection companies have been facing. Almost all of these businesses have been using paper-based process. Inspectors typically complete paper forms that must be mailed and then compiled and processed by a roster of clerical staff.

Read the entire press release along with full companies disclosures by going here:  http://finance.yahoo.com/q/h?s=GROV+Headlines

or you can watch a Video Press Release for GROV by going to: http://youtu.be/CUlHGcF_vH8

Ahead of the news, GROV closed up 15.49% on Wednesday (01/09/13) at $0.41 price per share.  As operations and developments continue for GroveWare Technologies Ltd., traders should be closely monitoring this emerging tech company.  For more information on GROV visit their website at http://www.groveware.com  

Other active tech companies to watch in today's market are:

Facebook, Inc. (NASDAQ: FB) News:  Ever since Facebook's mostly bungled initial public offering last May, the social network's shares were up more than 5% on Wednesday 01/09/13, moving past $30 a share for the first time since July.  In its third quarter, Facebook announced a 36% jump in ad revenues. Although mobile ad revenues are a big part, a new ad exchange and an ad targeting program called Custom Audiences also appear to be getting traction.  FB closed up 5.26% on Wednesday 01/09/13 on over 103.8Million shares traded.

Verizon Communications (NYSE:VZ) Chief Executive Lowell McAdam, has told Reuters at the Consumer Electronics Show in Las Vegas that his firm is not in negotiations with Vodafone Group (NASDAQ:VOD) in regards to taking full ownership of their Verizon Wireless venture, regardless of this week's market chatter that such a deal could happen. However, Verizon owns 55 percent of the wireless venture and has long said that it would be interested in acquiring Vodafone if the 45-percent owner would divest its stake.  VZ closed down very slightly  0.23% on Wednesday 01/09/13 on over 13.3Million shares traded.

VuMee.com (OTC: VUME) announced that the company will continue to increase the monetization of their video sharing content from both the desktop and mobile platforms. VuMee has entered into agreements with Advertising.com, ValueClick Media, and Casale Media to provide VuMee with additional pre-roll and banner advertisements.  VuMee is a digital mobile advertising platform designed to provide high profile individuals and brands the ability to connect with fans and consumers via engaging and entertaining video content.  VUME closed up 128.04% on Wednesday 01/09/13 on over 22.6Million shares traded.

salesforce.com, Inc. (NYSE: CRM) News: 360 Vantage(R), a leader in cloud-based sales and marketing technology solutions, announced the launch of its Closed Loop Marketing and eLearning apps, 360 CLM(TM) and 360 U(TM), on salesforce.com's AppExchange, empowering businesses to connect with customers, partners and employees in entirely new ways.  salesforce.com was founded in 1999, and consider the enterprise cloud computing leader.  CRM closed up 1.09% or $1.86 per share on Wednesday 01/09/13 on over 963,892 shares traded  

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  The companies that are discussed in this release may or may not have approved the statements made in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.

To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release.  For disseminating this release, FNMG was compensated two thousand one hundred dollars for the news dissemination by a non-affiliated third party for GroveWare Technologies, Ltd. coverage. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE AND WAS NOT COMPENSATED BY ON OTHER COMPANY INCLUDED HEREIN.  

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email:  [email protected]
U.S. Phone: +1(954)345-0611
U.K. Phone: +44-870-8200239
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group LLC

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