Joe's Jeans (NASDAQ: JOEZ) Opens Again in Philadelphia

Someone must have had an interest in Norsat International (OTC:NSATF) this morning

because in pre-market trading the broadband company doubled its average daily volume. The company closed up slightly at $0.625 per share.

Norsat is a leading provider of broadband communication solutions that enable the transmission of data, audio and video in remote and austere environments.

In recent news, Norsat announced that one of the installed Blue Box units that it manages and maintains under a national vessel monitoring system for the Ministry of Agriculture of Italy, was recently used to determine that an Italian trawler was in international waters and not in disputed waters as claimed by a Libyan motor launch. After the incident, the Italian Coast Guard opened an investigation and examined the trawler's onboard Blue Box GPS device. The data provided by the Blue Box proved the trawler was not in disputed waters when fired upon. As a result, the Libyan government quickly recognized their error and issued a public apology.

Dr. Amiee Chan, President and CEO of Norsat, stated, "Thankfully no one was injured in this incident, but it is times like these that highlight the value proposition of having a Blue Box GPS device aboard ships and maritime vessels. In this situation the Blue Box not only enabled a fishing trawler to remain in international waters it also verified to the political world that this vessel was in-bounds by data-banking this critical information. Just like an airplane has a black box, the blue box has the capabilities to act in a similar fashion for the maritime industry. We believe there are many positive reasons for having a Blue Box on board, including acting as a beacon locator in case vessels or even sailboats are lost at sea."

Norsat's products and services include microwave components, portable satellite systems, maritime solutions, wireless network solutions, and equipment financing. Norsat also provides engineering consulting to meet customers' specific needs.

For more information visit

http://www.worldmarketmedia.com/779/section.aspx/2435/post/norsat-international-otcnsatf-doubles-daily-volume-on-recent-news

Joe's Jeans (NASDAQ: JOEZ) Opens Again in Philadelphia

By: Ronald Russo

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