Mitech News Breaking News http://www.mitechnews.com Mitech News Breaking News Plex Systems Still Eyeing IPO In 2012 http://www.mitechnews.com/articles.asp?id=14134 AUBURN HILLS - Plex Systems continues to eye an initial public offering in 2012 as it reports a 30-percent revenue gain for fiscal 2011 in a year when many other Michigan companies struggled to break even. Strategic Staffing Solutions Posts 21st Consecutive Year Of Revene Growth http://www.mitechnews.com/articles.asp?id=14130 DETROIT - Strategic Staffing Solutions, the Detroit-based global information technology and business services company, reported earnings of $220 million in 2011, a $15 million gain from 2010, marking the 21st consecutive years of annual revenue growth. Profit figures were not announced. Labor Department Creates Contest For Software Apps To Promote Equal Pay http://www.mitechnews.com/articles.asp?id=14129 WASHINGTON - Seeking novel ways to eliminate the gender gap in pay, the U.S. Department of Labor and its federal agency partners on the National Equal Pay Task Force announced Wednesday a contest for creating software applications that use the department's data to promote equal pay for men and women. Liquid Web Updates Storm On Demand To Work With Many Operating Systems http://www.mitechnews.com/articles.asp?id=14126 LANSING - After recently announcing its expansion into multiple Regions across the United States, Storm On Demand, the cloud hosting arm of managed hosting provider Liquid Web, has made updates that let users work on a variety of operating systems. BioPhotonic Solutions Wins Top Prize At Great Lakes Entrepreneur's Quest http://www.mitechnews.com/articles.asp?id=14115 ANN ARBOR - BioPhotonic Solutions of East Lansing won the $5000 first place award in the Emerging Company category at the Great Lakes Entrepreneur's Quest business-plan competition Tuesday night at the ACE'12 entrepreneurship event at Skyline High School. Purchasing Managers Index Rebounds Sharply In January http://www.mitechnews.com/articles.asp?id=14113 DETROIT - The Southeast Michigan Purchasing Managers Index made a sharp rebound in January, alleviating concerns about a slowdown for the Michigan economy. Facebook Files IPO - Could Get Market Valuation Of $100 Billion http://www.mitechnews.com/articles.asp?id=14112 MENLO PARK, Ca. - Facebook filed for an initial public offering on Tuesday that could value the company up to $100 billion, putting the eight-year-old social network on track to be one of the biggest Web stock market debuts of all time. Coalition Of Automotive Lighweighting Materials Formed By CAR http://www.mitechnews.com/articles.asp?id=14110 ANN ARBOR - The Center for Automotive Research Tuesday announced the launch of the Coalition of Automotive Lightweighting Materials to support efforts by auto manufacturers to aggressively down-weight vehicles to improve performance, fuel economy and safety. Compuware Net Income Falls 36.5 percent In 3Q http://www.mitechnews.com/articles.asp?id=14103 DETROIT - Compuware Corporation reported Thursday night after the stock market closed that its net income fell to $21.6 million (10 cents per share) vs. $34 million (15 cents per share) a year earlier - a decline of 36.5 percent from the year earlier quarter. Challenge Detroit Looking For 30 Innovative Leaders To Reshape Region http://www.mitechnews.com/articles.asp?id=14100 BIRMINGHAM - Challenge Detroit is looking for 30 innovative leaders from across the United States to live, work and play in Detroit. When the year is over, they hope these men and woman become entrepreneurs and goodwill ambassadors for Southeast Michigan.