Cleantech Transit Inc (CLNO)

Biomass is the organic matter in trees, agricultural crops and other living plant material. It is made up of carbohydrates - organic compounds that are formed in growing plantlife. Ever since the earliest inhabitants of the region burned wood in their campfires for heat, biomass has been a source of energy for meeting human needs in the Pacific Northwest.

Biomass is solar energy stored in organic matter. As trees and plants grow, the process of photosynthesis uses energy from the sun to convert carbon dioxide into carbohydrates (sugars, starches and cellulose). Carbohydrates are the organic compounds that make up biomass. When plants die, the process of decay releases the energy stored in carbohydrates and discharges carbon dioxide back into the atmosphere. Biomass is a renewable energy source because the growth of new plants and trees replenishes the supply.

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.

For more information about CLNO, visit www.cleantechtransitinc.com

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BCD Semiconductor Manufacturing Limited (Nasdaq:BCDS) announced financial results for the fiscal second quarter ended June 30, 2011. The results for the fiscal quarter ended June 30, 2011 are as follows: Revenue was $38.5 million, a sequential increase of 24.2% from $31.0 million for the first quarter of fiscal year 2011, and a 12.9% increase from $34.1 million for the second quarter of fiscal year 2010.

BCD Semiconductor Manufacturing Limited engages in the design, manufacture, and sale of power management analog integrated circuits (ICs) and other semiconductor devices in the People’s Republic of China.

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Kopin Corporation (Nasdaq:KOPN) announced financial results for the second quarter ended June 25, 2011. Total revenues increased 4 percent to $31.4 million from $30.2 million for the same quarter of last year. III-V revenue increased to $16.0 million, compared with $15.9 million in the second quarter of 2010. Display revenue increased to $15.4 million from $14.3 million for the same quarter last year.

Kopin Corporation designs, develops, manufactures, and markets III-V products and miniature flat panel displays.

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BankFinancial Corporation (Nasdaq:BFIN) has declared a cash dividend of $0.07 per common share. The dividend will be payable on September 2, 2011 to stockholders of record on August 10, 2011. BankFinancial Corporation is the holding company for BankFinancial, F.S.B., a full-service, community-oriented bank providing financial services to individuals, families and businesses through 20 full-service banking offices, located in Cook, DuPage, Lake and Will Counties, Illinois. At March 31, 2011, BankFinancial Corporation had total assets of $1.705 billion, total loans of $1.302 billion, total deposits of $1.422 billion and stockholders' equity of $251 million. BankFinancial Corporation's common stock trades on the Nasdaq Global Select Market under the symbol BFIN.

BankFinancial Corporation operates as the holding company for BankFinancial, F.S.B., which providescommercial, family, and personal banking services in Illinois. It accepts deposit accounts, such as savings accounts, NOW accounts, checking accounts, money market accounts, certificates of deposit, and IRAs and other qualified plan accounts.

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Southside Bancshares, Inc. (Nasdaq:SBSI) reported its financial results for the three and six months ended June 30, 2011. Southside reported net income of $11.0 million for the three months ended June 30, 2011, an increase of $1.8 million, or 19.3%, when compared to the same period in 2010. The gain on sale of available for sale securities decreased to $4.0 million for the three months ended June 30, 2011 from $6.7 million for the same period in 2010, a decrease of $2.7 million, or $1.7 million, net of income tax expense. Net income for the six months ended June 30, 2011 decreased $2.5 million, or 12.2%, to $18.4 million when compared to $20.9 million for the same period in 2010.

Southside Bancshares, Inc. operates as the holding company for Southside Bank that provides financial products and services to individuals, businesses, municipal entities, and non-profit organizations.


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