Small Cap News Movers for 8/10/09

Chindex International, Inc. (NASDAQ: CHDX) today announced that it has entered into two new exclusive, multi-year distribution agreements for China with Biotest AG and Cutera Inc. Roberta Lipson, Chindex President and CEO, commented, "We are excited to be announcing these partnerships with industry-leading manufacturers that will widen the breadth of products that Chindex can now offer to China's healthcare communities. The stock closed at $15.94, up 21.22%, on 1,138,320 traded shares.

Echelon Corporation (NASDAQ:ELON) announced today that it has entered into a long-term agreement with Duke Energy (NYSE:DUK), the nation’s third-largest electric utility, to supply Echelon’s Networked Energy Services (NES) system as a key part of Duke Energy’s smart grid program. Currently, Duke Energy provides electricity service to approximately 4 million customers in five states – North Carolina, South Carolina, Indiana, Ohio and Kentucky. The stock closed at $10.05, up 21.08%, on 1,936,621 traded shares.

Pacer International, Inc. (NASDAQ: PACR) last week reported its financial results for the three- and six-month periods ended June 30, 2009. Revenues decreased $139.9 million to $376.7 million compared to $516.6 million for the quarter ended June 27, 2008, while net income declined from $13.4 million in the 2008 quarter to a net loss of $7.3 million in the 2009 quarter. Revenues for the six months ended June 30, 2009 decreased $284.1 million to $735.3 million compared to $1,019.4 million for the six months ended June 27, 2008. The stock closed at $3.22, up 17.52%, on 2,249,051 traded shares.

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