Press ReleaseSource: StockPreacher

StockPreacher.com Issues Trading Outlook for Network Engines Inc.
Wednesday November 25, 6:50 am ET

DALLAS, Nov. 25, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring software and network equipment maker Network Engines Inc. (Nasdaq:NENG - News). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Network Engines Inc. (Nasdaq:NENG - News) should be of particular interest to comparable technology companies: International Business Machines Corp. (NYSE:IBM - News), Hewlett-Packard Company (NYSE:HPQ - News), Dell Inc. (Nasdaq:DELL - News) and Sun Microsystems Inc. (Nasdaq:JAVA - News).

The full report is available at: http://www.stockpreacher.com/n/NENG

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Network Engines Inc. (NENG) is a provider of purpose-built platforms, appliances and support services for application software developers, original equipment manufacturers (OEMs) and service providers serving storage, security and communications markets worldwide. The Company utilizes leading-edge standard technologies to build custom solutions backed by expert support staff and smart services to solve deployment challenges, accelerate time to market, reduce ownership costs and increase business efficiencies. NEI boasts of the largest selection of purpose-built, turnkey platforms and appliances in the industry. It has partnership with industry-leading technology providers such as Microsoft, GE Fanuc, Emerson, RadiSys and Dialogic, among others.

Message Board Search for NENG: http://www.boardcentral.com/boards/NENG

In the report, the analyst notes:

"NENG reported that it had 63 design wins for fiscal 2009, which includes 33 new customers, of which 13 of the wins were for run-rate business and 20 wins were for new products. This compares to 44 designs wins it achieved during fiscal 2008.

"Having achieved a number of key objectives in fiscal 2009, including the acceleration of its pace of design wins and pursuing new large, run-rate business opportunities, the Company is optimistic about profitability for the full-year of fiscal 2010. According to NENG CFO Doug Bryant, the Company expects to leverage its existing operating infrastructure to offset lower gross margins related to aggressive pricing on higher volume opportunities."

To read the entire report visit: http://www.stockpreacher.com/n/NENG

StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com

StockPreacher.com Disclosure

StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.


Contact:
StockPreacher.com
Jeff Bishop
(469)-252-3505
press@beaconequity.com

Source: StockPreacher


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