Corporate News

Praxair Electronics, a division of Praxair, Inc. (NYSE: PX - News), announced today that Bridgelux, Inc., a U.S. lighting company and leading supplier of energy-saving light-emitting diode (LED)-based light sources, has selected Praxair Electronics to supply its Sunnyvale, California, manufacturing facility with high-purity ammonia utilizing Praxair’s SureFlow bulk supply system.

Praxair’s SureFlow system, with patented heat-control technology, can deliver sustained ammonia flow rates over 600 standard liters per minute, peaking at over 900 standard liters per minute. Since the supply system requires fewer cylinder change-outs, it helps reduce labor costs and improves safety and reliability.

“Bridgelux is focused on the continuous advancement of our manufacturing processes and LED materials technologies to reduce cost and enable the mass adoption of LED-based solid-state lighting,” said Dr. Steven Lester, Ph.D., director of research and development at Bridgelux. “Market demand for our LED light sources is driving expansion of our manufacturing capacity. Praxair’s ability to supply our high-volume requirements using their bulk ammonia delivery system convinced us to choose Praxair as the most viable solution.”

China Green Agriculture, Inc. (AMEX: CGA) announced today that it has received authorization to list its common stock on the NYSE and anticipates that its shares of common stock will begin trading on the NYSE on December 7, 2009, under its existing symbol "CGA."

The Company has notified the NYSE Amex that it intended to voluntarily delist its common shares from the NYSE Amex. Until the time the Company begins trading its shares of common stock on the NYSE, the Company's shares will remain trading on the NYSE Amex under the existing symbol "CGA."

Bloomberg is reporting that a Nebraska company has claimed that some Research In Motion (Nasdaq: RIMM) phones infringe on one of their patents. Specifically, RIMM could face an import ban related to the trade complaint.

Shares of Research In Motion do not appear to be moving on the headlines.

CompuCredit Holdings Corporation (NASDAQ: CCRT) today announced that its Board of Directors has declared a dividend of $0.50 per common share.

The dividend is payable to holders of record as of the close of trading on December 31, 2009. The dividend will be paid on or after December 31, 2009, but not later than February 28, 2010. Ex-dividend is December 29, 2009.

Yield on the dividend is 20%.

The Board of Directors also is evaluating the declaration of additional cash dividends in the future. The payment of this cash dividend will entitle holders of the Company's convertible notes to convert their notes and receive, using an assumed December 2, 2009 closing trading price of the Company's stock, either approximately $74.79 or approximately $61.46 for each $1,000 face amount of notes, depending upon which series is held. The actual conversion prices will depend, however, upon the trading price of the Company's stock during the applicable measurement periods provided for in the indentures governing the notes and any other changes in the conversion prices in the interim.

The Company also announced that it is considering a tax-free spin-off of its U.S. and U.K. micro-loan businesses into a publicly-traded company called Purpose Financial Holdings, Inc. The Company expects that Purpose Financial will file a Form 10 Registration Statement with the Securities and Exchange Commission in connection with this potential spin-off. Prior to the completion of the spin-off transaction, CompuCredit's Board of Directors would have to formally approve the spin-off distribution, and there is no certainty at this time that the spin-off actually will occur. Should the spin-off occur, it also is anticipated that Purpose Financial would apply to list its common stock on NASDAQ.

The spin-off would create two stand-alone, publicly-traded companies: (i) CompuCredit: a provider of credit and related financial services and products to the "sub-prime" credit market; and (ii) Purpose Financial: a micro-loan finance company primarily engaged in the business of marketing, servicing and/or originating small-balance, short-term loans through a network of 316 retail branch locations in Alabama, Colorado, Kentucky, Mississippi, Ohio, Oklahoma, South Carolina, Tennessee, and Wisconsin and via the Internet in both the U.S. and the U.K. The businesses to be evaluated for spin-off had revenues of approximately $98.4 million and $107.2 million for the nine months ended September 30, 2009 and year ended December 31, 2008, respectively.

DuPont Fabros Technology, Inc. (NYSE: DFT) today announced that the Company closed on a $150 million secured loan with a syndicate of lenders led by TD Bank. The loan has a five-year term at a floating rate of LIBOR plus 4.25% with a LIBOR floor of 1.50%. The loan is secured by the Company's newly constructed ACC5 data center asset in Ashburn, Virginia. The Company expects to use the proceeds to repay the current $25 million term loan secured by the ACC5 data center, construct Phase II of ACC5, fund an interest reserve of $10 million required under the new term loan and for general corporate purposes.

The loan includes an accordion feature that allows new lenders to join the existing bank syndicate to increase the amount of the loan up to an additional $100 million if certain leasing and other covenants have been met.