Cleantech Transit, Inc. (CLNO)
To many people, the most familiar forms of renewable energy are the wind and the sun. But biomass (plant material and animal waste) is the oldest source of renewable energy.Until recently, biomass supplied far more renewable electricity or "biopower" than wind and solar power combined.

If developed properly, biomass can and should supply increasing amounts of biopower. In fact, in numerous analyses of how America can transition to a clean energy future, sustainable biomass is a critical renewable resource.

Sustainable, low-carbon biomass can provide a significant fraction of the new renewable energy we need to reduce our emissions of heat-trapping gases like carbon dioxide to levels that scientists say will avoid the worst impacts of global warming. Without sustainable, low-carbon biopower, it will likely be more expensive and take longer to transform to a clean energy economy.

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that can maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company's manufacturing clients worldwide.

Cleantech Transit Inc. (CLNO) recently announced that funding to be provided to Phoenix Energy for the commercialization of a 500 Kilowatt biomass gasification plant should be eligible to apply for a renewable energy cash back incentive program offered by the U.S. Federal Government. If it concludes its planned investment in Phoenix Energy, under Section 1603 of the American Reinvestment and Recovery Act, Cleantech Transit will be entitled to receive its pro-rata share of 30% cash grant payments.

Once the final interconnect process and applications are complete the grant should be received within 60 days. The 5-year grant vesting period, means all parties must remain owner of record for that length of time, underscoring Cleantech Transit and its partners' commitment to this project and the host community.

For more information please visit official website if CLNO: http://www.cleantechtransit.com

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Rainmaker Systems Inc. (Nasdaq:RMKR) announced it has hired four new senior sales executives with strong e-commerce experience and added a Director of Marketing. With these additions, Rainmaker strengthens its position to serve the significant opportunity it sees to help clients reach their mid-market business customers with its unique solution combining online sales and global sales agents to drive more revenue from online sales, renewals, and subscription licenses.

Rainmaker Systems, Inc. provides sales and marketing solutions, combining hosted application software, and execution services to enterprises operating in the computer hardware and software, telecommunications, and financial services industries.

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WPCS International Incorporated (Nasdaq:WPCS) announced financial results for the fiscal year 2011 third quarter ended January 31, 2011. In the third quarter, WPCS reported revenue of $23.4 million compared to $27.0 million for the same period a year ago. The decrease in revenue is due primarily to delays in projects and bid awards. In the third quarter, WPCS generated an EBITDA loss of approximately $428,000, compared to an EBITDA loss of $1.1 million in the second quarter. EBITDA is defined as earnings before interest, taxes, acquisition-related contingent earn-out costs, and goodwill impairment, one-time charges related to seeking strategic alternatives including the possible sale of the company and depreciation and amortization.

WPCS International Incorporated, a design-build engineering company, focuses on the implementation requirements of communications infrastructure worldwide.

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iGo, Inc. (Nasdaq:IGOI) reported financial results for the fourth quarter ending December 31, 2010. Revenue was $13.2 million for the fourth quarter of 2010, an increase of 33% over revenue of $9.9 million in the same period of the prior year. Revenue in the fourth quarter of 2010 was positively impacted by the recognition of $1.6 million in deferred revenue related to sales to Walmart.

iGo, Inc. and its subsidiaries engage in the design, development, manufacture, and distribution of power products for high-power and low-power mobile electronic devices.

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