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South Shore Resources Inc. (Pinksheets:SSHO) reported that it has conducted independent third party evaluation, testing and verification of the HyProStar Series of Hydrogen Generating Modules. The objective of the evaluation and test was to evaluate, test and verify the impact that the HyProStar Series of Hydrogen Generating Modules has on fuel economy and fuel efficiency. The results of the evaluation and testing indicated and verified by DaSilva Racing are that the HyProStar Series of Hydrogen Generating Modules have increased in fuel economy and fuel efficiency. South Shore believes that its HyProStar Series of Hydrogen Generating Modules are an obvious aftermarket alternative to Rising Fuel Prices and Harmful Greenhouse Gases. SSHO is now poised to commercialize its HyProStar Hydrogen Generator Hybrid Conversion Kit and bring it to the global market. With over 750 million automobiles currently using combustible engines world wide and the increased pressure to reduce greenhouse gases, SSHO is confident that now is the time to aggressively enter this market.

Graham Corporation (NYSE Amex: GHM), a designer and manufacturer of critical equipment for the oil refinery, petrochemical and power industries, today reported its financial position and results of operations for its first quarter ended June 30, 2010. Graham’s current fiscal year ends March 31, 2011, and is referred to as “fiscal 2011.” Net sales were $13.4 million in the first quarter of fiscal 2011, a decline of 34% when compared with net sales of $20.1 million in the prior year’s first quarter. Net income in the first quarter was $0.9 million, or $0.09 per diluted share, a decline of 75% compared with net income of $3.5 million, or $0.35 per diluted share, in the same period last year.

Osiris Therapeutics, Inc. (NASDAQ: OSIR) reported that it will report its financial results for the quarter ended June 30, 2010, on Friday, August 6, 2010. C. Randal Mills, Ph.D., President and Chief Executive Officer, and Philip R. Jacoby, Jr., Chief Financial Officer, will provide a company update and discuss results via a webcast and conference call on Friday, August 6, 2010 at 9:00 a.m. ET.

Ultralife Corporation (NASDAQ: ULBI) reported operating income of $0.4 million on revenue of $37.0 million for the quarter ended June 27, 2010. For the second quarter of 2009, the company reported an operating loss of $6.3 million on revenue of $39.6 million.

Sally Beauty Holdings, Inc. (NYSE: SBH) (the “Company”) reported strong financial results for the fiscal 2010 third quarter. The Company will hold a conference call today at 10:00 a.m. (Central) to discuss these results and its business. Consolidated net sales for the fiscal 2010 third quarter were $743.0 million, an increase of 10.3% from the fiscal 2009 third quarter. Same store sales in the fiscal 2010 third quarter grew 4.6% compared to 2.6% in the fiscal 2009 third quarter. Net earnings(1) in the fiscal 2010 third quarter were $41.1 million; growth of 30.6% over GAAP net earnings of $31.5 million in the fiscal 2009 third quarter and growth of 37.1% over adjusted net earnings of $30.0 million in the fiscal 2009 third quarter. Diluted earnings per share (1) in the fiscal 2010 third quarter were $0.22; growth of 29.4% over GAAP diluted earnings per share of $0.17 and growth of 37.5% over adjusted diluted earnings per share of $0.16 in the fiscal 2009 third quarter. Adjusted EBITDA increased 12.9% in the fiscal 2010 third quarter to $107.8 million versus $95.5 million in the fiscal 2009 third quarter. Total store count at the end of the fiscal 2010 third quarter was 3,986, an increase of 165 stores or growth of 4.3% over the fiscal 2009 third quarter.

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