Monday, April 22, 2013

Watch List for Tuesday

 INVA .0036  the stock saw big volume with news released today of new website and 900k project with Home Improvement giant LOWES the stock saw a surge in volume over 37 million in volume. The master support held with a bottom entry of .0013 and today broke the 50 day moving average of .003. 

LAS VEGAS, April 22, Apr 22, 2013 (GLOBE NEWSWIRE via COMTEX) -- Inova Technology (OTCBB:INVA), through its wholly owned subsidiary, Desert Communications, has announced that it has $900,000 of network solutions projects for Lowes.
Inova subsidiary, Desert Communications, has built and established a long relationship with Lowe's Market, a large supermarket chain headquartered in Littlefield, TX. Desert has completed network solutions projects for more than 30 different store locations throughout Texas and New Mexico. Lowe's Market recently acquired approximately 55 stores, making their total footprint 147 grocery stores throughout Texas, New Mexico and Colorado. As the new locations become remodeled and needs are assessed Desert will be involved in the infrastructure upgrades.
Inova CEO, Adam Radly, said, "We look forward to doing more projects for Lowes. The award and completion of these projects is validation of our ability to deliver enterprise network solutions to customers of all sizes. We are also looking forward to extending our solid track record in government projects to corporate projects."
Mr Radly also said that, "We are working through our backlog of network solutions contracts as quickly as possible. We have also started providing much more frequent updates regarding the commencement and completion of projects as we proceed."
Inova also launched its new website (www.Inovatechnology.com). Mr. Radly said, "The new site is much more attractive than the old site but, more importantly, it provides more detailed updates about our projects and will continue to do so on an ongoing basis.

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