Small Cap News Movers for 11/4/09

MOD-PAC CORP. (NASDAQ: MPAC) today reported total revenue of $12.59 million in the third quarter of 2009, which ended October 3, 2009, relatively flat compared with revenue of $12.64 million in the 2008 third quarter. Strong sales growth in the custom folding carton line was offset by reduced sales in the stock packaging and personalized print lines which have been impacted heavily by the weak economy and the elimination of sales to the commercial print market. The stock closed at $3.94, up 60.82%, on 64,713 traded shares.

Agilysys, Inc. (NASDAQ: AGYS) today announced unaudited financial results for the fiscal 2010 second quarter and first half ended September 30, 2009. Revenue declined 9.0% to $156.0 million, compared with $171.4 million in the second quarter of fiscal 2009. However, Agilysys reported net income from continuing operations of $2.9 million, or $0.12 per diluted share, a significant increase from the loss of $105.3 million, or a loss of $4.66 per share, recorded in the previous year. The stock closed at $6.35, up 33.40%, on 285,899 traded shares.

I GREEN INNOVATIONS, Inc. (OTCBB: IVOT) announced today its wholly owned subsidiary B Green Innovations, Inc. has signed a distribution agreement with Whirlpool Corporation (NYSE: WHR) to sell "VibeAway(TM)" anti-vibration pad made from 100% recycled pads made from scrap tires. Whirlpool Corporation will distribute the "VibeAway(TM)" to customers nationwide seeking an environmentally responsible solution. The stock closed at $0.004, up 150%, on 245,421,865 traded shares.

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