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Augme Technologies Inc (AUGT) rated Outperform with price target $4.50 by Northland Securities

Posted on: Tuesday,  Dec 14, 2010  12:25 PM ET by Northland Securities

Augme Technologies Inc (AUGT)
rated Outperform with price target $4.50 by Northland Securities.

Modavox, Inc. (Modavox) produces and distributes audio video streaming products over the Internet. Modavox has two distinctive product lines: the Interactive Products division and the Interactive Network division. The Company has a wholly owned subsidiary, Kino Acquisition Sub, Inc. Modavox has packaged its technology within products and services that enable Internet protocol television (IPTV), Internet radio broadcasting, and advertising with the added ability to target, control, and monetize interactive content, and deliver direct to consumers on any Internet connected device. During fiscal year ended February 28, 2009 (fiscal 2009), the Company?s Internet software products, BoomBox Radio and BoomBox Video were developed, and invested in to provide broadcasting as a service (BaaS). In July 2009, the Company completed the acquisition of Augme Mobile.

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/14/2010 12:25 PM Buy
2.75 4.50
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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