ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Today Michael Tomlinson, CEO and Chairman of PowerLinx, Inc. (OTCBB:PWNX - News), provided an update to shareholders regarding their current initiatives.

“We have made substantial progress this quarter regarding our stated business goals and objectives," said Tomlinson. “I wanted to update our shareholders regarding our continued focus on new product development, operating expense reduction and the expansion of our sales force."

Stock Price

Management believes that the recent decline in the current trading price of our stock has been heavily impacted by stock market “trading forces" that have no correlation to any change in our business operations, current fundamentals, or our long-term operating results potential.

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iLuv launches new docks, Bluetooth headset

Accessory maker iLuv has released three new products for the iPod and iPhone. Leading these is the i166, a stereo dock with clock functions. Users can listen to their iPods or AM/FM radio, and set two separate alarms for different purposes. The dock has two 2.5W (RMS) speakers, but owners can output both video and sound to a TV, or connect a subwoofer for better bass. In either case separate cables are required. Officially supported iPods include all Video and Photo models, all Minis, plus first- and second-generation Nanos. The dock costs $70 and comes in white or black.

The i189 is a speaker dock with the same general power and support of the i166, but with added Classic, Touch and iPhone compatibility, as well as simulated surround-sound. The main constraint is the lack of a subwoofer jack.

iPodObserver - Apple Unleashes iPhone Software Update 1.1.2

As promised, Apple delivered iPhone Software Update 1.1.2 on Friday. The update adds several new languages to the combination iPod and smart phone, fixes a security flaw in Mobile Safari involving specially crafted TIFF images, updates the modem's firmware, and includes several other bug fixes.

iPhone Software Update 1.1.2 is free and available through iTunes while your iPhone is connected to your computer, although some users are reporting that the update is not yet appearing for them.

Leopard, Apple's new operating system, delayed 4 months, goes on sale worldwide

SAN JOSE, California (AP) - Apple Inc.'s delayed update to the Mac OS X operating system is hitting store shelves as consumers are increasingly snapping up Macintosh computers to complement their iPods and iPhones.

Dubbed Leopard, the upgrade went on sale Friday at stores around the world. It offers improvements to an operating system that already was widely praised for its ease-of-use and slick interface.

Leopard boasts more than 300 new features, including one called "Boot Camp'' that lets users install Windows on Macs, though both operating systems cannot run at the same time. "Time Machine,'' an automated data backup system, and "Spaces,'' a way to simultaneously view open applications, are among the other highlighted features.

Macs have reached record sale levels, and the launch of Leopard is expected to bolster a continuing rise.

At Apple's flagship 5th Avenue store in New York City, a line of about 500 people snaked around the block before Leopard went on sale.

Apple to set Leopard operating software loose

SAN FRANCISCO - APPLE'S upgraded Leopard operating system will be set loose on Friday as trend-setting iPods and iPhones cause the ranks of Macintosh computer lovers to swell.

Eagerly-awaited by Apple's notoriously cultish followers, Leopard's release was delayed so the company's engineers could devote their time to getting iPhones to market in the United States in June.

Leopard features include playful iChat video-conferencing and a Time Machine that resurrects lost data.

Time Machine was inspired by a survey that indicated only 26 per cent of Macintosh users regularly backed up information on their machines to avoid losing it forever in system crashes.

The feature automatically copies music, pictures, applications, files and 'absolutely everything' a person puts on their Macintosh, according to Apple vice-president of platform experience Scott Forstall.