Showing posts from April, 2007

China Natural Gas Announces Fourth Quarter and Full Year 2006 Financial Results

NEW YORK, April 17 /PRNewswire-FirstCall/ -- China Natural Gas, Inc. (OTC Bulletin Board: CHNG - News), one of the leading providers of pipeline natural gas for industrial, commercial and residential use and compressed natural gas (CNG) for vehicular fuel in Xi'an, China, today announced its fourth quarter and full year financial results for the fiscal year ended December 31, 2006. Financial Highlights for the Fourth Quarter 2006:
-- Revenue increased 218% to $6.8 million, driven by the
construction of an additional 14 CNG filling stations
in the Xian area in 2006 and
continued growth of pipeline customers;
-- Gross profit up 189% to $3.3 million;
-- Income from operations increased 286% to $2.3 million;
-- Net income increased 271% to $2.1 million; and
-- Net income per diluted share increased 304% to $0.08
per share.
"We are very pleased with our performance through the fourth quarter of 2006, which exceeded our expectations by all measures," sta…

BungeeLabs, Sneaking Out of Stealth

BungeeLabs, Sneaking Out of StealthApril 16, 2007 — 05:56 AM PDT — by Pete CashmoreAlso at the Web 2.0 Expo: Bungee Labs, which is starting to drop hints about its Bungee Connect product. Connect is a “100% on-demand web development and deployment environment” that launches in May. So what is it? Without going too deep into dev speak, it’s an IDE (integrated development environment) for building rich Ajax web apps. Among its strengths: automated support for the integration of SOAP and REST-based web services and the ability to deploy apps without using FTP (apps are deployed through the browser). They’re working with Amazon, Ebay, Google, Windows Live, PayPal, RealNetworks,, Yahoo and more to make sure Bungee Connect works with all their web services (read: lots of mashable APIs).For those who haven’t touched a line of code, that might not mean much, but those who have should look out for further details and the launch in May.

The Fifth Level of Ajax

We are watching the evolution of web2.0 unfold in front of us and I believe it will eventually evolve into a web cloud of information and data for Users to search, gather, and remix to meet their needs. Whether it be personal or in the enterprise construct. This second location though requires an environment that delivers these user driven capabilities but still adheres to enterprise IT regulations.
Our CTO John Crupi recently described and blog on JackBe's corp blog about what he is seeing as a 5th level to Gartner's Levels of Ajax which is part of this story.

I think that all Ajax vendors have been touting the benefits of 'improved user experience' as their value proposition for a while. The problem with this proposition is that it is very hard to quantify.
But, they are missing something. It isn't just about the "experience" but about empowering the user with a better view and access to any data source. Consider the "Four Levels of Ajax Adoption…

New Service is Yet Another Web 2.0 Proof Point

From my JackBe corp. blog....

Read/Write Web reported yesterday that ' Brings Web 2.0 To The Enterprise With ContentExchange': Today announced a new product called Salesforce ContentExchange, a content management product for unstructured data such as email and html. They also publicly announced the acquisition of Koral, a web 2.0 content collaboration platform that was at DEMO07 earlier this year... Koral is a key enabling technology for Salesforce ContentExchange. The new product means that now manages all types of content in a company - both structured information (e.g. CRM data like contacts and sales information) and unstructured information (office documents, HTML, video/audio files and email, etc). Marc Benioff, chairman and CEO of, calls this “another step towards our vision of managing all information on demand”.
So far, Web 2.0 migration into the enterprise world has seemed largely been limited to the notion…

Clean Energy China Stock Pick - CHNG

Based in the city of Xian in China’s north-central province of Shaanxi, China Natural Gas distributes natural gas (to approximately 50,000 households, as well as commercial buildings) and compressed natural gas (CNG) (to CNG wholesales and retail automobile filling stations). Recently CHNG has introduced its own network of retail filling stations to sell CNG directly to consumers—by the end of 2006, CHNG operated 17 filling stations in or near Xian. The company also owns a 70-mile high pressure gas pipeline, which connects CHNG’s distributionnetwork to the government-owned high-pressure pipeline serving the province. In 2007, CHNG plans to construct its own liquid natural gas plant, which will allow the company to expand the geographic market it serves. CHNG came public in the US via a reverse merger in December 2005. Although CNG currently represents only about three percent of China’s energy consumption, it is becoming an increasingly important source of fuel in the PRC. CNG is the …

What will the new spring crop yield?

Posted by Susan Scrupski on April 4th, 2007I’ve been taking a lot of satisfaction these past few weeks in how our little enterprise 2.0 garden is growing. In the past few weeks I’ve been asked to podcast, to appear on a video segment, and to participate in an enterprise 2.0 “rave.” All good stuff. The analyst and media coverage of enterprise 2.0 has really started to pick up too. I’m particularly encouraged by the management findings and recommendations we’ve seen coming out of MIT’s Sloan Management Report and McKinsey. I guess they legitimize our inner-circle zealot ramblings.A few items of interest: I attended Ajax World a couple weeks ago. I listened to a few of the speakers, but spent more time trolling the vendors in the exhibit hall for real examples of how Ajax solutions were generating real business advantages for their customers. Nexaweb had some interesting case studies. They quickly rattled off projects at Bank of Toyko, Mitsubishi, Seimans, AFLAC and EMC where compani…