Metrocorp Bancshares Inc. (Nasdaq:MCBI) announced the operating results for the third quarter of 2011. Net income was $2.3 million for the third quarter of 2011, compared with $637,000 for the third quarter of 2010 and $2.4 million for the second quarter of 2011. Diluted earnings per common share for the third quarter of 2011 were $0.13 compared with $0.00 for the third quarter of 2010 and $0.13 for the second quarter of 2011.Total nonperforming assets at September 30, 2011 declined $20.6 million or 22.2% to $72.2 million compared with $92.8 million at December 31, 2010, and $5.0 million or 6.5% compared with $77.2 million at June 30, 2011.

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Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

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