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Crown Equity Holdings Inc. is pleased to report its financial results for the nine month period ending September 30, 2010.
By: Karl McMahon
 
Nov. 23, 2010 - PRLog -- Crown Equity Holdings Inc.  is pleased to report its financial results for the nine month period ending September 30, 2010. Revenue for the nine months totaled $1,073,383 compared to $418,959 during 2009. The Company incurred an operating loss of $54,527 for the nine months ending September 30, 2010 compared to an operating loss of $36,923 during the same period in 2009. Net loss of $343,049 for the nine months ending September 30, 2010 compared to a net loss of $29,379 for the same period in 2009. The net loss in 2010 was attributed mostly to an unrealized loss of $307,544 on securities held by the Company.

In other Company news, Crown Equity Holdings Inc. is expanding its business by opening another office in Pakistan. This office will be located in the city of Attock, Pakistan.

Crown Equity Holdings Inc. is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused its primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients.







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SavWatt USA, Inc. (SAVW.PK), pioneers in LED lighting and the Green revolution, announced that in cooperation with the City of Baltimore, SavWatt will receive grant funds from the Maryland Energy Sector Grant. This million dollar grant will offer companies the ability to take LEED certification classes. LEED is an internationally recognized green building certified program. LEED certification important as many new construction and government projects are required to meet LEED standards. It is imperative for building owners, designers, construction firms and real estate developers to further develop their professional skills by obtaining LEED certification. SavWatt USA, Inc. has teamed up with the leaders in LEED training, Clean Edison, to offer this LEED AP certification at SavWatt's Baltimore, MD headquarters.

SavWatt USA, Inc. is pleased to announce that it has become an approved member of Energy Star. Having the Energy Star label will enhance the SavWatt USA Inc. brand to the public. Energy Star is a government backed program that helps businesses and individuals protect the environment through superior energy efficiency. SavWatt USA, Inc. has also been registered with the DOE (Department of Energy) and its Lighting Facts Label.

SavWatt is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. SavWatt is a market-leading innovator of LED lighting.

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Convio, Inc.  announced financial results for the third quarter ended September 30, 2010. Revenue of $17.9 million, up 10 percent from the third quarter of 2009. Usage revenue of $3.2 million, up 41 percent from the third quarter of 2009.Net income of $1.5 million, up from $0.5 million for the third quarter of 2009. New Common Ground clients increased by more than 90 percent over the same quarter last year. Through the first nine months of 2010, Convio’s more than 1,300 nonprofit clients have raised more than $1 billion online, a number which five years ago was estimated to be the total raised online in the nonprofit sector. “We are pleased to announce another strong quarter for Convio, above our guidance for both revenue and earnings per share,” said Gene Austin, Chairman of the Board and Chief Executive Officer.

Convio, Inc. provides on-demand constituent engagement solutions that enable nonprofit organizations (NPOs) to raise funds, advocate for change, and cultivate relationships with donors, activists, volunteers, alumni, and other constituents in North America.

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REEDS, Inc.  maker of the top-selling sodas in natural food stores nationwide, announced its first private label agreement with a growing national restaurant chain that owns and operates over 100 casual dining restaurants in the U.S. coast-to-coast. ”This allows us to move our premium beverage craftsmanship into the restaurant business in much of the same way that Coke and Pepsi have done with chains nationwide,” stated Chris Reed, Founder, Chairman and CEO of Reed’s, Inc. “Beginning our first private label agreement with a growing national restaurant chain is extremely exciting. We are pleased to have been chosen and to have the privilege of working with a group known for its award-winning food and handcrafted beverages. They have plans to grow by 200 to 300 percent over the next few years. This represents a whole new business line for the Company that could be a tremendous winner for us.”

Reed’s, Inc., together with its subsidiaries, engages in the development, manufacture, marketing, and sale of natural non-alcoholic and New Age beverages, candies, and ice creams primarily in the United States, Canada, Europe, and Asia.

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S1 Corporation  announced financial results for the third quarter ended September 30, 2010. “I am very pleased with the progress we made in the third quarter, as we closed a significant amount of business and continued to increase our revenue backlog,” said Johann Dreyer, Chief Executive Officer. “We believe the shift in our business model is progressing well and, with a forty-five percent increase in revenue backlog since the end of 2009, we expect to enter 2011 with greater levels of visibility and predictability. We also continue to expect some normalization in our Adjusted EBITDA by the end of the fourth quarter as we previously communicated.”

S1 Corporation provides payments and financial services software solutions in the United States and internationally.

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