*NTPL*--->NEW YORK -(Dow Jones)- Netplex Group Inc. shares soared 50% and topped their 52-week high Friday, apparently boosted by increased exposure for its Techcellence service.
The shares (NTPL, news, msgs) rose $2.125 to close at $6.375 on volume of 8.1 million shares, compared with a daily average volume of 93,200. The shares hit an intraday high of $7.688, crushing the old 52-week high of $5.75 set Monday.
Though Techcellence was launched Nov. 15, Netplex (NTPL, news, msgs) spokeswoman Molly Alexander said the investor-relations department had "been working hard for us for the last week. We've had a lot of people out on the street for us." The stock movement "might be a delayed reaction," she said.
Techcellence, a Web-based application, offers independent IT contractors news and services, like payroll, taxes, invoicing, business cards and benefits planning. According to Alexander, there are about two million IT contractors in the U.S.
***here's some older & latest news... this company is a real find!
<<Netplex Announces Strategic Partnership with Manage.Com>>
quicken.com
<<Virgin Entertainment Engages Netplex to Streamline Distribution Operation>>
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<<Netplex Launches Techcellence: New Online Service Designed for Exploding IT Contractor Marketplace>>
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<<Netplex Reports 66 Percent e-Solutions Revenue Increase in Third Quarter >>
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Is it time for *Techcellence*?--->http://www.techcellence.com/
:-)
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