Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
KUN 4.48 China Shenghuo Pharmaceutical Holdings, Inc. Announces Closing of Phase II Clinical Trial for Wei Dingkang Soft Capsules
Jul 18, 2007 9:00:00 AM
KUNMING, China, July 18 /Xinhua-PRNewswire-FirstCall/ -- China Shenghuo Pharmaceutical Holdings, Inc. ("China Shenghuo," "the Company") (Amex: KUN), a leading specialty pharmaceutical company engaged in researching, developing, manufacturing and marketing Sanchi-based medicinal products in the People's Republic of China ("PRC"), today announced the completion of testing during Phase II clinical trials for its Wei Dingkang Soft Capsules.
"The completion of Phase II testing is a significant milestone in the development of this important new drug," said Mr. Gui Hua Lan, Chairman and Chief Executive Officer of China Shenghuo. "We expect Wei Dingkang Soft Capsules will be a profit driver in the near future, and we seek to bring a growing number of products to market in the coming months."
Wei Dingkang Soft Capsules use traditional Chinese medicine techniques to treat peptic ulcer disease by inhibiting helicobacter pylori growth, relieving stomach muscle spasms and reducing inflammation of intestinal lining. The product is a National Type V innovative drug and has been designated as a Major Science and Technology Project in Yunnan Province.
The Company expects testing results to be available in several weeks. Phase III trials will begin upon State Food and Drug Administration approval of results from Phase II.
In anticipation of upcoming production of the new drug, China Shenghuo is applying to the Yunnan Provincial Development and Reform Committee and Yunnan Agriculture Bureau to begin a pilot cultivation project to produce 72 tons per year of Daemonorops margaritae palms, the key ingredient used to produce Wei Dingkang Soft capsules, on 3.35 square kilometers. The projected cost to extract the ingredient is $9,210 per metric ton. However, the Company expects this will result in a cost savings of approximately 20% versus purchasing the extract from an outside supplier. Because the palms are in short supply, the project will also provide for sufficient resources for the production of Wei Dingkang Soft Capsules.
"By vertically integrating the main ingredient used to produce Wei Dingkang Soft Capsules, China Shenghuo will be able to closely control costs and improve our margins on new products," Mr. Lan said. "The project's strategic location provides a geographical advantage, as well as significant cultivation experience from the local population."
About China Shenghuo Pharmaceutical Holdings, Inc.
Founded in 1995, China Shenghuo Pharmaceutical Holdings, Inc. ("China Shenghuo" or "the Company") is a leading specialty pharmaceutical company that focuses on the research, development, production and marketing of Sanchi-based medicinal products. Through its subsidiary, Kunming Shenghuo Pharmaceutical (Group) Co., Ltd ("Kunming Shenghuo"), it owns thirty-one SFDA (State Food and Drug Association)-approved medicines, including the flagship product Xuesaitong Soft Capsules, which has already been listed in the Insurance Catalogue. At present, Shenghuo incorporates a sales network of agencies and representatives throughout China, which markets Sanchi-based traditional Chinese medicine into 1,650 hospitals and 1,500 drug stores as prescription and OTC drugs primarily for the treatment of cardiovascular, cerebrovascular and peptic ulcer disease. The Company also exports medicinal products to Asian countries such as Indonesia, Russia and Kyrgyzstan.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. Such factors include, but are not limited to, the company's reliance on one supplier for Sanchi, market acceptance of Wei Dingkang Soft Capsules, ability to establish and maintain a strong brand, continued maintenance of certificates, permits and licenses required to conduct business in China, protection of company's intellectual property rights, market acceptance of the company's products, changes in the laws of the People's Republic of China that affect the company's operations, approval of this product by the State Food and Drug Administration, the company's ability to obtain all necessary government certifications and/or licenses to conduct the company's business, plans to cultivate Daemonorops margaritae, cost of complying with current and future governmental regulations and the impact of any changes in the regulations on the company's operations and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission and other regulatory authorities. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, please contact:
Ms. Gao Qionghua, CFO
China Shenghuo Pharmaceutical Holdings, Inc
Tel: +86-871-7282608
Email: qionghua_kmsh@163.com
Crocker Coulson, President
CCG Elite Investor Relations
Tel: +1-646-213-1915 (New York)
Email: crocker.coulson@ccgir.com
SOURCE China Shenghuo Pharmaceutical Holdings, Inc.
----------------------------------------------
Ms. Gao Qionghua
CFO of China Shenghuo Pharmaceutical Holdings
Inc
+86-871-7282608
or qionghua_kmsh@163.com; Crocker Coulson
President of CCG Elite Investor Relations
+1-646-213-1915 (New York)
or crocker.coulson@ccgir.com
for Shenghuo
PAGI 9.71 Pemco Aviation Group, Inc. Announces Expansion of its Commercial Division into Tampa, Florida
Jul 18, 2007 9:00:00 AM
Copyright Business Wire 2007
BIRMINGHAM, Ala.--(BUSINESS WIRE)--
Pemco Aviation Group, Inc. (NASDAQ: PAGI) announced today that the Board of the Tampa International Airport Authority has granted Pemco World Air Services, Inc, Pemco's commercial division, a 60-day exclusivity period to negotiate an agreement to lease the former US Airways maintenance hangar at the Tampa International Airport in Tampa, Florida.
When finalized, the company plans to perform heavy maintenance, required inspections and aircraft modifications for current and future customers. The 5-bay hangar contains approximately 150,000 square feet and will provide a significant growth opportunity for Pemco's commercial division. . Pemco anticipates the facility will support over 400 jobs in the Tampa area by 2009.
Ron Aramini, President and Chief Executive Officer of Pemco stated, "We are extremely pleased to have been given this opportunity. Tampa International Airport is conveniently located for our customers and provides a solid partnership arrangement with the Tampa International Airport Authority which benefits all involved. We look forward to expanding our business into Tampa and becoming a good corporate partner in the community."
About Pemco Aviation Group, Inc.
PAGI, with executive offices in Birmingham, Alabama, and facilities in Alabama and California, performs maintenance and modification of aircraft for the U.S. Government and for foreign and domestic commercial customers. The Company also provides aircraft parts and support and engineering services, in addition to developing and manufacturing aircraft cargo systems, rocket vehicles and control systems, and precision components. For more information go to www.pemcoaviationgroup.com.
This press release contains forward-looking statements made in reliance on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be identified by their use of words, such as "believe," "expect," "intend" and other words and terms of similar meaning, in connection with any discussion of the Company's prospects, financial statements, business, financial condition, revenues, results of operations or liquidity. Factors that could affect the Company's forward-looking statements include, among other things: the possibility that the sale of Pemco may not close on the terms described in this release, or at all; changes in global or domestic economic conditions; the loss of one or more of the Company's major customers; the Company's ability to obtain additional contracts and perform under existing contracts; the outcome of pending and future litigation and the costs of defending such litigation; financial difficulties experienced by the Company's customers; potential environmental and other liabilities; the inability of the Company to obtain additional financing; material weaknesses in the Company's internal control over financial reporting; regulatory changes that adversely affect the Company's business; loss of key personnel; and other risks detailed from time to time in the Company's SEC reports, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2006. The Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company does not undertake any obligation to update or revise any forward-looking statements and is not responsible for changes made to this release by wire services or Internet services.
Source: Pemco Aviation Group, Inc.
----------------------------------------------
Pemco Aviation Group
Inc.
Doris Sewell
205-510-4935
GMST 6.61 Gemstar-TV Guide Signs Amendment to License Agreement with Mitsubishi
Mitsubishi to Be the First Consumer Electronics Company to Deploy TV Guide's Latest CE IPG Product, "TV Guide Daily"
Jul 18, 2007 9:00:00 AM
Copyright Business Wire 2007
LOS ANGELES--(BUSINESS WIRE)--
Gemstar-TV Guide International, Inc. (NASDAQ: GMST), a leading media, entertainment and technology company, has amended its licensing agreement with Mitsubishi Digital Electronics America, Inc. The Company will continue to provide Mitsubishi, the maker of award winning high-definition home theater products, with the rights to incorporate Gemstar-TV Guide's consumer electronic (CE) interactive program guides (IPGs), including the newest IPG product, "TV Guide Daily," into select digital televisions in its portfolio in the U.S. market.
Mitsubishi will begin to deploy TV Guide Daily, a simplified, easier to operate version of Gemstar-TV Guide's full-scale programming guide. TV Guide Daily features 24 hours of program listings that populate much more quickly than the full-scale guide. TV Guide Daily's listings include full program descriptions, ratings and HD icons denoting shows broadcast in High Definition. The guide provides listings data for antenna and cable services and requires no phone connection, as the listings data arrives daily, via an over-the-air signal.
"We are pleased to have launched our new product, TV Guide Daily, with Mitsubishi and to continuing to work with them to help maximize the television experience of their loyal customers," said Tom Carson, president, North American TV Guide IPG, Gemstar-TV Guide.
Mitsubishi has been shipping premium TV Products with the current version of TV Guide's CE IPG (TV Guide On Screen) and will begin launching TV Guide Daily in its products beginning this summer. TV Guide's IPG is available in Mitsubishi's three Diamond line 1080p DLP(R) high-definition televisions. TV Guide Daily will be available in a range of Mitsubishi's LCD flat panel products including both Diamond and non-Diamond models.
About Gemstar-TV Guide
Gemstar-TV Guide International, Inc. (the "Company") (NASDAQ: GMST) is a leading global media, entertainment, and technology company that develops, licenses, markets and distributes products and services that maximize the video guidance and entertainment experience for consumers. The Company's businesses include: television, publishing, and new media properties; interactive program guide services and products; and intellectual property licensing. Additional information about the Company can be found at www.gemstartvguide.com.
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that may cause actual performance or results to differ materially from those in the forward-looking statements, including risks and uncertainties related to the timely availability and market acceptance of products and services incorporating the Company's technologies and content; our investments in new and existing businesses; the impact of competitive products and services; and the other risks detailed from time to time in the Company's SEC reports, including the most recent reports on Forms 10-K, 10-Q and 8-K, each as it may be amended from time to time. The Company assumes no obligation to update these forward-looking statements.
Note to Editors: Gemstar, TV Guide, TV Guide Daily, and TV Guide On Screen are trademarks or registered trademarks of Gemstar-TV Guide International, Inc. and/or its subsidiaries. The names of other companies, products and services used herein are for identification purposes only and may be trademarks of their respective owners.
Source: Gemstar-TV Guide International, Inc.
----------------------------------------------
Gemstar-TV Guide International
Inc.
Media:
Bo Park
212-852-7589
or
Eileen Murphy
212-852-7336
or
Analysts and Investors:
Rob Carl
323-817-4600
UTSI 5.12 China Telecom to Offer IPTV Services in Ningxia Hui Autonomous Region Powered By UTStarcom's RollingStream End-to-End IPTV System
Jul 18, 2007 8:40:00 AM
ALAMEDA, Calif., July 18 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions and services, today announced that the company won a bid to deploy its RollingStream(TM) end-to-end IPTV solution with China Telecom (CTC) for a new commercial IPTV network in China's Ningxia Hui Autonomous Region.
(Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO)
"UTStarcom's RollingStream is the most widely deployed IPTV platform in China with approximately 270,000 live subscribers to date in commercial deployments in more than 13 provinces throughout the country," said Brian Caskey, vice president of worldwide marketing at UTStarcom, Inc. "We believe our proven expertise deploying and managing large-scale IP networks in China, coupled with our extensive collaborations with Shanghai Media Group, BesTV, the State Administration of Radio, Film, and Television (SARFT) and the Ministry of Information Industry (MII), make UTStarcom the dominant IPTV technology leader in China today."
With a total population of more than five million people, the Ningxia Hui Autonomous Region is located near the geographical central northern edge of China and bordered by the Shaanxi (Shanxi) and Gansu provinces as well as the Inner Mongolia Autonomous Region.
The initial deployment, which has the capacity to support 10,000 subscribers, will offer 52 live broadcast television channels, 48-hour time-shifting capabilities, 3,000 hours of video-on-demand (VOD) content and valued-added services including karaoke, online gaming, TV-based SMS and other interactive applications. UTStarcom is providing the complete RollingStream solution, from the streaming servers through the set-top boxes in the subscriber's home.
About UTStarcom's RollingStream
UTStarcom's RollingStream is an end-to-end solution designed for telecommunications operators and broadband service providers to deliver broadcast quality TV and on-demand entertainment programming over IP networks. RollingStream is designed to offer service providers the scalability, reliability, and bandwidth efficiency to support new services including broadcast TV, Time-shift TV, Network DVR (n-DVR), Video on Demand (VoD), Near Video on Demand (NVoD), Virtual Channel, and a rich set of business enabling as well as interactive and personalization features over existing network infrastructures. This may result in opportunities for increased revenues, new services, and improved customer satisfaction and retention.
For more information about UTStarcom's RollingStream solution, please visit: http://www.utstar.com/Solutions/Broadband/IPTV.
About UTStarcom, Inc.
UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company sells its broadband, wireless, and handset solutions to operators in both emerging and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and development operations in the United States, Canada, China, Korea and India. For more information about UTStarcom, visit the company's Web site at http://www.utstar.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding UTStarcom's expectations, beliefs, intentions or strategies regarding the future and including, without limitation, the anticipated deployment of a new commercial IPTV network in China using the Company's RollingStream product: the anticipated number of subscribers and traffic; the anticipated content offerings; the anticipated value-added services, the anticipated benefits to subscribers provided by the Company's products; the anticipated deployment targets and timing of deployment of the Company's products; the anticipated growth in demand for services that utilize the Company's products; the Company's plans to continue to develop the China market; the rapidly changing technology; the rapidly changing nature of the telecommunications market in China; possible delays in system deployments or product introductions; the termination of new contracts, partnerships or alliances; changes in government regulation and licensing requirements; and economic and political stability in China.
All forward-looking statements included in this document are based upon information available to UTStarcom as of the date hereof, and UTStarcom assumes no obligation to update any such forward-looking statements. Forward- looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These risks and other risks relating to UTStarcom's business are set forth in the documents filed by UTStarcom with the Securities and Exchange Commission, specifically its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and amendments thereto.
SOURCE UTStarcom, Inc.
----------------------------------------------
Andy Tennille
Senior Manager
Public Relations of UTStarcom
Inc.
+1-510-814-4421
andy.tennille@utstar.com
ELI 2.69 Elite Announces Closing of Series C Private Placement
Jul 18, 2007 8:40:00 AM
Copyright Business Wire 2007
NORTHVALE, N.J.--(BUSINESS WIRE)--
Elite Pharmaceuticals, Inc. ("Elite" or the "Company") (AMEX: ELI) sold the remaining 5,000 authorized shares of its Series C Preferred Stock, par value $0.01 per share (the "Series C Preferred Stock"). Each share of Series C Preferred Stock was sold at a price of $1,000 per share and is initially convertible at $2.32 into 431.0345 shares of the Company's common stock, par value $0.01 per share (the "Common Stock"), or an aggregate of 2,155,172 shares of Common Stock, resulting in gross proceeds to the Company of $5,000,000. Each purchaser of Series C Preferred Stock also received a warrant to purchase shares of the Company's Common Stock in an amount equal to 30% of the aggregate number of shares of Common Stock into which the shares of Series C Preferred Stock purchased by such purchaser may be converted. The warrants are exercisable on or before July 17, 2012 and represent the right to purchase an aggregate of 646,551 shares of Common Stock, at an exercise price of $3.00 per share. The lead placement agent for the offering was Oppenheimer & Company, Inc.
About Elite Pharmaceuticals
Elite Pharmaceuticals is a specialty pharmaceutical company principally engaged in the development and manufacturing of oral controlled-release products. The Company's strategy includes developing generic versions of controlled release drug products with high barriers to entry and assisting partner companies in the life cycle management of products to improve off-patent drug products. Elite's technology is applicable to develop delayed, sustained or targeted release capsules or tablets. Elite has two products currently being sold commercially and a pipeline of seven drug products under development in the therapeutic areas that include pain management, allergy and infection. The addressable market for Elite's current pipeline of products exceeds $6 billion. Elite formed, together with VGS Pharma, LLC, Novel Laboratories, Inc., as a separate specialty pharmaceutical company for the research, development, manufacturing, licensing and acquisition of specialty generic pharmaceuticals. Elite operates a GMP and DEA registered facility for research, development, and manufacturing located in Northvale, NJ.
This news release contains forward-looking statements, including those related to the preliminary nature of the clinical program results and the potential for further product development, that involve known and unknown risks, delays, uncertainties and other factors not under the control of the Company, which may cause actual results, performance or achievements of the companies to be materially different from the results, performance or other expectations implied by these forward-looking statements. In particular, because substantial future testing will be required prior to approval, the results described above may not be supported by additional data or by the results of subsequent trials. These risks and other factors, including the timing or results of pending and future clinical trials, regulatory reviews and approvals by the Food and Drug Administration and other regulatory authorities, and intellectual property protections and defenses, are discussed in Elite's filings with the Securities and Exchange Commission such as the 10K, 10Q and 8K reports. The Company undertakes no obligation to update any forward-looking statements.
Source: Elite Pharmaceuticals, Inc.
----------------------------------------------
For Elite Pharmaceuticals
Inc.
Dianne Will
Investor Relations
518-398-6222
dwill@willstar.net
www.elitepharma.com
or
The Investor Relations Group
Jordan Silverstein
212-825-3210
ALLT 7.61 Allot Communications Joins Juniper Networks' Open IP Service Creation Program to Deliver DPI-based Service Optimization
Interoperable Solution Allows Service Providers to Dynamically Ensure Quality of Experience, Minimize Costs and Increase ARPU
Jul 18, 2007 8:30:00 AM
MINNEAPOLIS, July 18 /PRNewswire-FirstCall/ -- Allot Communications (Nasdaq: ALLT) today announced a joint solution, in which Allot DPI devices work in conjunction with Juniper Networks policy management platforms to deliver optimized IP services, providing end-to-end Quality of Services to value-added IP services. Developed through Juniper Networks' Open IP Service Creation Program (OSCP), the integrated solution allows carriers and service providers to deliver the full value of broadband applications and introduce innovative services without increasing operational and capital costs.
The new offering gives broadband providers of IP-based services dynamic, fine-grained visibility and control of subscriber and applications traffic. The joint Allot-Juniper solution integrates state-of the-art deep packet inspection (DPI) technology from Allot, with Juniper's Session and Resource Control portfolio, which is built on the functionality of the widely deployed SDX-300 Service Deployment System. Service providers can ensure high priority transmission for latency-sensitive applications such as voice-over-IP, streaming video and gaming while controlling excessive bandwidth consumption from peer-to-peer file sharing.
"Juniper is pleased to welcome Allot Communications as a Preferred Partner of its Open IP Service Creation Program. The solution will enable providers to have greater real-time visibility into applications running over their network, while offering the opportunity to dynamically apply relevant service policies based on a broad set of criteria." said Jerry Passione, Alliance Development Director at Juniper Networks.
"Broadband subscribers are aggressively adopting new, value-added services and service providers are anxious to provide them," said Azi Ronen, Allot's EVP of Corporate Development. "The challenge is how to do that reliably and cost-effectively while meeting Quality of Experience expectations and avoiding churn. Integrating our DPI capabilities with Juniper's policy management platforms enables providers to introduce revenue generating services, including use of over-the-top services, and dynamically set QoS policies."
About Allot Communications
Allot Communications (Nasdaq: ALLT) is a leading provider of intelligent IP service optimization solutions. Designed for carriers, service providers and enterprises, Allot solutions apply deep packet inspection (DPI) technology to transform broadband pipes into smart networks. This creates the visibility and control vital to manage applications, services and subscribers, guarantee quality of service (QoS), contain operating costs and maximize revenue. Allot believes in listening to customers and provides them access to its global network of visionaries, innovators and support engineers. For more information, please visit www.allot.com
Juniper Networks and the Juniper Networks logo are registered trademarks of Juniper Networks, Inc. in the United States and other countries. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.
SOURCE Allot Communications
----------------------------------------------
Jay Kalish
Executive Director IR
Allot Communications
+972-9-7619365
or jkalish@allot.com
or Albie Jarvis
Senior Vice President
Porter Novelli
+1-617-897-8200
or albie.jarvis@porternovelli.com
for Allot Communications
ADL 3.20 AMDL's Jade Pharmaceutical Subsidiary Announces Completion of a New, Accelerated Product R&D Process
Jul 18, 2007 8:30:00 AM
TUSTIN, Calif., July 18 /PRNewswire-FirstCall/ -- AMDL, Inc. (Amex: ADL), headquartered in Tustin, California, with operations in Shenzhen, Jiangxi and Jilin China, through its wholly owned subsidiary Jade Pharmaceutical Inc. (JPI), is an international biopharma company that engages in the development, manufacture and marketing of proprietary pharmaceutical and diagnostic products. AMDL announced today that JPI has completed an accelerated, new Corporate Research and Development Process.
Mr. Frank Zheng, Managing Director of JPI, stated that, "JPI's R&D process focuses on four different strategies that include: in-house product development; licensing global patents from international universities and research centers; licensing China based patents from international research companies; and the collaboration with global drug development companies."
Mr. Gary Dreher, CEO of AMDL stated, "These efforts will strengthen our pipeline for JPI's growing family of products, which will ensure our future. JPI's R&D collaborative process is a well organized asset, which means that we can bring products to market and therefore realize profits sooner. Jade has the potential to build 100 million in annual sales within the next 4 to 5 years."
The JPI Research and Development Platform now includes a 30 person technical team, a 50 person support staff, which is coupled with 10 various consulting relationships. These R&D consulting relationships are the backbone of JPI's collaborative product development process. The four key R&D Senior Consultants for JPI are: Prof. Zhao Guo Qing, an expert on plant biology, who is a Professor of Shanghai Second Military Medical University and a visiting professor of Harvard Medical School; Prof. Chen Zhong, an expert on galenic pharmacy, who is a senior consultant at Peking Union Medical College Hospital and a Professor of Jiangxi Medical College; Prof. Zhang Ming Li, President of Pharmacy Research Institute at China Military Medical College; and Prof. Li Shu Zi, Vice President of Ji Lin Traditional Chinese Medicine Research Institute and a Member of Traditional Chinese Medicine Quality Assurance Committee.
JPI's R&D process takes place at seven locations in China. Two of these are in-house R&D facilities that include the Research Center of YYB, located in Jiangxi, and the Research Center at JJB, located in Jilin. Additionally, five collaborative R&D facilities include: Jilin Traditional Chinese Medicine Research Institute; Baiqiuen Pharmaceutical Research Institute; Research Center of Nanjing Pharmacy University; Jiangxi Bikang Technology Development Co. Ltd.; and the Changsha Continental Pharmaceutical Research Institute.
About Jade:
Jade has access to the fastest growing pharmaceutical and consumer market in the world: China. AMDL, through its subsidiary, Jade currently manufactures large volume injection fluids, tablets and other related products, holding licenses for 133 products. It also manufactures 107 generic, over the counter and supplemental pharmaceutical products under certified Chinese Good Manufacturing Practice (CGMP) standards.
About AMDL: More information about AMDL and its products can be obtained at http://www.amdl.com.
Forward-Looking Statements: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
Contact: AMDL, Inc.
Mr. Paul Knopick
AMDL Investor Relations
Direct Line: 949.707.5365
Voice Mail: 714.505.4460
SOURCE AMDL, Inc.
----------------------------------------------
Paul Knopick
+1-949-707-5365
+1-714-505-4460 voice mail
for AMDL Investor Relations
ACPW 1.96 Active Power Earns Endorsement from The Carbon Trust
UK Companies Eligible for Tax Relief on Purchase of Active Power UPS System
Jul 18, 2007 8:30:00 AM
AUSTIN, Texas, July 18 /PRNewswire-FirstCall/ -- As energy prices continue to rapidly increase and momentum builds for tougher environmental legislation, organizations are challenged to improve energy efficiency and minimize overhead power consumption. To help address this need, Active Power (Nasdaq: ACPW) announces The Carbon Trust has listed CleanSource(R) UPS (uninterruptible power supply) on its Energy Technology Product List (ETPL), part of the Enhanced Capital Allowance (ECA) scheme. Active Power has also earned the privilege of now using the Energy Technology List (ETL) symbol.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070326/DAM009LOGO )
The ECA scheme is managed by The Carbon Trust, a private entity backed by the United Kingdom government to address the threat of climate change and accelerate the transition to a low carbon economy. The scheme provides United Kingdom based businesses first year tax relief on their qualifying capital expenditure. Active Power's CleanSource UPS is now included on that list.
"The recognition from The Carbon Trust is another proof point that CleanSource is a highly reliable, energy efficient and green solution," said Jim Clishem, president and CEO of Active Power. "This listing and the use of the ETL symbol positions us well to continue to compete and win major projects in the United Kingdom. We enable our customers to make more money, save money and help them establish goodwill with their customers by investing in an energy efficient solution. Our partnership with The Carbon Trust allows us to increase the economic value of our proposition to clients."
CleanSource is an energy-efficient, highly reliable and battery-free UPS system that uses integrated, field proven flywheel technology to protect mission critical operations from voltage sags, surges and power interruptions. Since 1996, CleanSource has saved customers more than $40 million in energy costs. This cost savings is due to the UPS system's high efficiency levels. With more than 27 million hours of runtime in the field, CleanSource performs at efficiency levels of up to 98 percent, which reduces overall energy consumption. The UPS system is a highly reliable source of energy, delivering consistent, predictable performance over its 20-year life span with absolutely no degradation in service. Operators also avoid the recurring cost and risk of removing and disposing of lead-acid batteries. Active Power systems are installed in more than 40 countries around the globe and are protecting a variety of mission critical applications in these installations.
About Active Power
Active Power (Nasdaq: ACPW) provides efficient, reliable and green critical power solutions and uninterruptible power supply (UPS) systems to enable business continuity in the event of power disturbances. Founded in 1992, Active Power's flywheel-based UPS systems protect critical operations in data centers, healthcare facilities, manufacturing plants, broadcast stations and governmental agencies in more than 40 countries. Active Power also offers CoolAir, the only solution that provides both backup power and backup cooling. With expert power system engineers and worldwide services and support, Active Power ensures organizations have the power to perform. For more information, please visit http://www.activepower.com.
Cautionary Note Regarding Forward-Looking Statements
This release may contain forward-looking statements that involve risks and uncertainties. Any forward-looking statements and all other statements that may be made in this news release that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. Specific risks include delays in new product development, product performance and quality issues and the acceptance of our current and new products by the power quality market. Please refer to Active Power filings with the Securities and Exchange Commission for more information on the risk factors that could cause actual results to differ.
Active Power, the Active Power logo, and CleanSource are registered trademarks of, and CoolAir is a trademark of Active Power, Inc. All other trademarks are the properties of their respective companies.
Active Power Investor Contact: Active Power Media Contact:
John Penver Lee Higgins
Chief Financial Officer Public Relations Manager
512-744-9243 512-744-9488
jpenver@activepower.com lhiggins@activepower.com
SOURCE Active Power
----------------------------------------------
investor contact
John Penver
Chief Financial Officer
+1-512-744-9243
jpenver@activepower.com
or media contact
Lee Higgins
Public Relations Manager
+1-512-744-9488
lhiggins@activepower.com
both of Active Power
CFSG 8.60 China Fire Announces Strategic Investment in a Chinese Fire Emergency Monitoring Company
Investment May Lead to Service Business and Provide Future Sales and Acquisition Opportunities
Jul 18, 2007 8:30:00 AM
BEIJING, July 18 /Xinhua-PRNewswire-FirstCall/ -- China Fire & Security Group, Inc. (Nasdaq: CFSG) (''China Fire'' or ''the Company''), a leading industrial fire protection products and solutions provider in China, today announced that the Company has made a strategic investment into Wan Sent (China) Technology Co., Ltd. (''Wan Sent''), an emerging Chinese fire emergency remote-monitoring system provider based in Beijing.
Founded in 2005, Wan Sent is an emerging services provider of fire emergency monitoring systems, deployed in residential, commercial and industrial buildings. Wan Sent's core product is an Internet-based monitoring system, which alerts the Fire Protection Bureau to dispatch related fire extinguishing teams to a customer site in case of a fire emergency. Consisting of integrated hardware and software systems, Wan Sent's solutions act as a supplementary service to customers to ensure a rapid and accurate response and protect customer's valuable assets in case of a fire emergency. As part of the agreement China Fire will invest $1 million in cash into Wan Sent for a minority interest.
''Currently, there are no fire emergency monitoring services in China. People need to physically call the Fire Protection Bureau if there is an emergency. Wan Sent's products represent the next generation of monitoring systems for buildings and serve as a valuable service to customers while providing a high return on investment,'' commented Brian Lin, Chief Executive Officer of China Fire & Security Group, Inc. ''Assuming only a modest penetration of Wan Sent's products in the market, the potential market of Wan Sent's services could be as high as several hundred million dollars per year in the future based on it's business model of charging clients an annual recurring service fee.''
Currently Wan Sent has approximately 100 employees and operates 10 offices throughout China while having approximately 100 unique customers. With this technology still in it's infancy within China, it is estimated that there are approximately 31 million individual buildings that would be applicable for the Wan Sent's service, creating a large addressable market opportunity.
''With China Fire committing to this first strategic investment, we have the opportunity to work closely with Wan Sent to help establish the market, while also potentially capturing a portion of the high margin sale for China Fire, as we add Wan Sent's products to our industry leading end-to-end fire protection solutions for customers,'' further commented Mr. Lin. ''Additionally, we are providing China Fire with a low risk and high reward opportunity to later acquire the invested company, if Wan Sent's services are rapidly adopted in the market place. We look forward to providing investors with an update on the progress of Want Sent's business, as both industry and government drivers are forcing clients to proactively address deficiencies in their current fire protection systems.''
China Fire & Security Group, Inc., through its wholly owned subsidiaries, Sureland Industrial Fire Safety Limited (''Sureland'') and Sureland Industrial Fire Equipment (Beijing) Limited (''Sureland Equipment''), is engaged primarily in the design, development, manufacture and sale in China of a variety of fire safety products for the industrial fire safety market and the design and installation of industrial fire safety systems in which it uses its own fire safety products. It also provides maintenance services for customers of its industrial fire safety systems.
Headquartered in Beijing with over 30 sales and project offices throughout China, Sureland markets its industrial fire safety products and systems primarily to major companies in the iron and steel, power and petrochemical industries in China. It is developing and expanding its business in other industrial sectors including transportation, wine and tobacco, vessels, nuclear energy, and public space markets.
Cautionary Statement Regarding Forward Looking Information
This presentation may contain forward-looking information about China Fire & Security Group, Inc. and its wholly owned subsidiary Sureland which are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward- looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as ''believe,'' ''expect,'' ''may,'' ''will,'' ''should,'' ''project,'' ''plan,'' ''seek,'' ''intend,'' or ''anticipate'' or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and China Fire & Security Groups' future performance, operations and products. This and other ''Risk Factors'' contained in China Fire & Security Groups' public filings with the SEC.
For more information, please contact:
Investors:
Matt Hayden
HC International
Tel: +1-858-704-5065
China Fire & Security Group, Inc.:
Brian Lin
CEO, China Fire & Security Group, Inc.
Tel: +86-10-8589-7509
SOURCE China Fire & Security Group, Inc.
----------------------------------------------
Investors -- Matt Hayden of HC International
+1-858-704-5065
for China Fire & Security; or Brian Lin
CEO of China Fire & Security Group
Inc.
+86-10-8589-7509
FCEL 8.38 FuelCell Energy Signs Federal Contract to Scale Up High-Efficiency Hydrogen Gas Separation Product
Phase II Funding Approved for System That Generates Electricity and Hydrogen -- to Serve in Vehicle Refueling and Industrial Applications Requiring the Gas in Pure Form
Jul 18, 2007 8:30:00 AM
2007 PrimeNewswire, Inc.
DANBURY, Conn., July 18, 2007 (PRIME NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq:FCEL), a leading manufacturer of ultra-clean power plants using a variety of fuels for commercial, industrial, utility and government customers, today announced approval to scale up a product that separates hydrogen from a gas mixture while generating electricity. The Electrochemical Hydrogen Separation (EHS) system, developed for the U.S. Army Engineer Research and Development Center's Construction Engineering Research Laboratory (ERDC-CERL), enables the pure, extracted gas to be sold as fuel for hydrogen vehicles or for industrial uses.
Funding and scale-up approval of the EHS system are the direct result of achievements in design and test work with a sub-scale model starting in 2006. That prototype successfully operated for over 6000 hours. Compared to conventional hydrogen separation processes, FuelCell Energy's EHS system offered up to 50 percent savings in operating costs. Because of the high efficiency of the fuel cell plant, CO2 emissions associated with hydrogen production are significantly reduced.
The $1.225 million Phase II contract, supported in part by the U.S. Department of Defense, is expected to be complete by mid-2008. Phase I work on the EHS system was funded by the Connecticut Clean Energy Fund, ERDC-CERL and FuelCell Energy. The sub-scale system was operated and tested at the University of Connecticut.
The EHS system, when combined with FuelCell Energy's Direct FuelCell(r) (DFC(r)) power plants (DFC-H2-EHS) provides an attractive solution for distributed generation of hydrogen and electricity. The overall co-production system is designed to operate using renewable fuel sources such as anaerobic digester gas from industrial or municipal wastewater processing, as well as readily available fuels like natural gas and propane. Unlike other compression-based methods of separating hydrogen, FuelCell Energy's EHS has no moving parts, resulting in higher efficiency and reliability.
"FuelCell Energy's DFC-H2-EHS has many military and civilian applications that are critical to developing the hydrogen economy and furthering our energy independence," said Frank Holcomb, Project Manager at ERDC-CERL. "The system will also help us meet the Department of Defense's stated objective to reduce its energy needs by 1 to 2 percent, significantly reducing our NOX, SOX, and particulate matter emissions, as well as our carbon footprint."
Chris Bentley, FuelCell Energy's Executive Vice President of Government Operations, Strategic Manufacturing Development, said, "Enhancing our core DFC technology with new far-reaching, high-efficiency clean energy applications is the goal of our successful research and development programs. This program is an excellent example of that focus."
About FuelCell Energy, Inc.
FuelCell Energy is the world leader in the development and production of stationary fuel cells for commercial, industrial, municipal and utility customers. FuelCell Energy's ultra-clean and high efficiency DFC(r) fuel cells are generating power at over 60 locations worldwide. The company's power plants have generated more than 180 million kWh of power using a variety of fuels including renewable wastewater gas, biogas from beer, onion, and milk processing as well as natural gas and other hydrocarbon fuels. FuelCell Energy has partnerships with major power plant developers, trading companies and power companies around the world. The company also receives substantial funding from the U.S. Department of Energy and other government agencies for the development of leading edge technologies such as hybrid fuel cell/turbine generators and solid oxide fuel cells. For more information please visit our website at www.fuelcellenergy.com.
About U.S. Army ERDC-CERL
ERDC is the integrated Army Corps of Engineers' research and development organization. The center consists of seven laboratories, which include CERL. CERL conducts research and development in infrastructure and environmental sustainment. This research results in new technologies that help military installations provide and maintain quality training lands and facilities for Soldiers and their families. Many of these products also find use in the private sector. CERL represents a unique asset to the nation for research in civil engineering and environmental quality. Website: www.cecer.army.mil
This news release contains forward-looking statements, including statements regarding the Company's plans and expectations regarding the continuing development and commercialization of its fuel cell technology. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could cause such a difference include, without limitation, the risk that commercial field trials of the Company's products will not occur when anticipated, general risks associated with product development, manufacturing, changes in the utility regulatory environment, potential volatility of energy prices, rapid technological change, and competition, as well as other risks set forth in the Company's filings with the Securities and Exchange Commission. The forward-looking statements contained herein speak only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which any such statement is based.
CONTACT: FuelCell Energy, Inc.
Lisa Lettieri
203-830-7494
ir@fce.com
ARBA 9.80 Ariba Named to 2007 Supply & Demand Chain Executive 100
Company Again Recognized as Innovative Supply and Demand Chain Vendor by Leading Business Magazine
Jul 18, 2007 8:30:00 AM
Copyright Business Wire 2007
SUNNYVALE, Calif.--(BUSINESS WIRE)--
Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced that it has again been named to the Supply & Demand Chain Executive 100. An annual measure designed to recognize companies that are leading the way in supply and demand chain transformation, the list highlights supply chain solution providers and technologies that are at the forefront of innovation. Ariba has been among the Supply & Demand Chain Executive 100 since 2003.
"The corporate executives and line-of-business leaders who read Supply & Demand Chain Executive want to know what the different supply chain solution and service providers are doing to help them meet the challenges of the 21st century supply chain," said Andrew K. Reese, editor of Supply & Demand Chain Executive. "Our goal with this year's '100' is to highlight a broad range of solutions and services targeted at a variety of industries, addressing the needs of companies of varying sizes, and assisting in the transformation of a diverse mix of the functions that make up the supply chain," added Reese. "Therefore, our judging committee looked for solutions across a variety of industries, addressing the needs of companies of varying sizes, and assisting in the transformation of a diverse mix of the functions that make up the supply chain."
Ariba was selected to the 2007 Supply & Demand Chain Executive 100 on the basis of its history of innovation, its continued commitment to advancing supply chain transformation and enablement, and its track record of helping companies large and small deliver bottom-line results. Ariba created the spend management category and has continued to lead and drive the discipline forward through its comprehensive range of solutions that combine technology, commodity expertise and services to help companies manage the entire procurement process from end-to-end.
"Procurement continues to play a big role in the ever-evolving supply chain, and technology alone is no longer serving as the driving force of this transformation," said Kevin Costello, Chief Commercial Officer, Ariba. "Ariba is showing companies of all sizes that expertise and services coupled with technology help companies move beyond simply automating the purchasing process to ensure they are getting the best overall value from their supply chains in the current economic climate. We are pleased that the editors of Supply & Demand Chain Executive have again recognized our efforts."
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.
About Ariba, Inc.
Ariba, Inc. is the leading provider of spend management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Management(TM) software and services. Ariba can be contacted in the U.S. at 1.650.390.1000 or at www.ariba.com.
Copyright (C) 1996 - 2007 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE and SupplyWatch are registered trademarks of Ariba, Inc. Ariba Spend Management, Ariba Spend Management. Find it. Get it. Keep it., Ariba. This is Spend Management, Ariba Solutions Delivery, Ariba Analysis, Ariba Buyer, Ariba Category Management, Ariba Category Procurement, Ariba Contract Compliance, Ariba Contracts, Ariba Contract Management, Ariba Contract Workbench, Ariba Data Enrichment, Ariba eForms, Ariba Electronic Invoice Presentment and Payment, Ariba Invoice, Ariba Sourcing, Ariba Spend Visibility, Ariba Travel and Expense, Ariba Procure-to-Pay, Ariba Workforce, Ariba Supplier Network, Ariba Supplier Connectivity, Ariba Supplier Performance Management, Ariba PunchOut, Ariba QuickSource, PO-Flip, Ariba Settlement, Ariba Spend Management Knowledge Base, Ariba Ready, Ariba Supply Lines, Ariba Supply Manager, Ariba LIVE and It's Time for Spend Management are trademarks or service marks of Ariba, Inc. Ariba Proprietary and Confidential. All rights reserved. Patents pending. All other trademarks are property of their respective owners.
Ariba Safe Harbor
Safe Harbor Statement under the Private Securities Litigation Reform Act 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to Ariba's operating and financial results to differ materially from its current expectations include, but are not limited to: delays in development or shipment of new versions of Ariba's products and services; lack of market acceptance of Ariba's existing or future products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; the ability to attract and retain qualified employees; difficulties in assimilating acquired companies; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions; inability to control costs; changes in the company's pricing or compensation policies; significant fluctuations in our stock price; the outcome of and costs associated with pending or potential future regulatory or legal proceedings; the impact of our acquisitions, including the disruption or loss of customer, business partner, supplier or employee relationships; and the level of costs and expenses incurred by Ariba as a result of such transactions. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba's Form 10-Q filed May 9, 2007.
Source: Ariba, Inc.
----------------------------------------------
Ariba
Inc.
Karen Master
412-297-8177
kmaster@ariba.com
RLOG 6.36 Rand Logistics Warrant Exercises Generate $17.8 Million in Cash for the Company
Jul 18, 2007 8:30:00 AM
Copyright Business Wire 2007
NEW YORK--(BUSINESS WIRE)--
Rand Logistics Inc. (NASDAQ: RLOG, RLOGW, RLOGU) today announced that 3,964,965 of its publicly traded warrants were exercised under the program whereby holders could exercise warrants at $4.50, versus the $5.00 exercise price provided by the original terms of the warrants, generating cash of $17,842,000 for Rand. The reduced exercise price program expired on July 13, 2007, and the original exercise price of $5.00 has been reinstituted for all remaining unexercised warrants. 5,231,215 warrants remain outstanding, including 1,571,349 warrants owned by officers and directors, none of whom exercised any warrants at the reduced exercise price.
Laurence Levy, Chairman and CEO, stated, "We are delighted by the enthusiastic response of our warrant holders to the reduced exercise price. The warrant exercises substantially enhance our balance sheet, improve our liquidity, and reduce the warrant overhang on our common stock. We believe we are now well funded to make further investments, both internally and externally, in growing our business."
About Rand Logistics
Rand Logistics, Inc. is a leading provider of bulk freight shipping services throughout the Great Lakes region. Through its subsidiaries, the Company operates a fleet of eleven self-unloading bulk carriers, including nine River Class vessels and one River Class self-unloading tug/barge unit. The Company is the only carrier able to offer significant domestic port-to-port services in both Canada and the U.S. on the Great Lakes. The Company's vessels operate under the U.S. Jones Act - which dictates that only ships that are built, crewed and owned by U.S. citizens can operate between U.S. ports - and the Canada Marine Act - which requires Canadian commissioned ships to operate between Canadian ports.
Forward-Looking Statements
This press release may contain forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) concerning the Company and its operating subsidiaries. Forward-looking statements are statements that are not historical facts, but instead statements based upon the current beliefs and expectations of management of the Company. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the results included in such forward-looking statements.
Source: Rand Logistics Inc.
----------------------------------------------
Rand Logistics
Inc.
Laurence S. Levy
Chairman & CEO
212-644-3450
or
Investor Relations Counsel:
The Equity Group Inc.
Loren G. Mortman
212-836-9604
LMortman@equityny.com
www.theequitygroup.com
TBUS 3.60 DRI Corporation Announces Transit Communications Product Order Valued at More Than $1.0 Million
Jul 18, 2007 8:30:00 AM
Copyright Business Wire 2007
DALLAS--(BUSINESS WIRE)--
DRI Corporation (formerly known as Digital Recorders, Inc.) (DRI) (NASDAQ:TBUS), a digital communications technology leader in the domestic and international surface transportation and transit security markets, announced today that its Digital Recorders (DR) division, based in Durham, N.C., has received an order for Digital Recorders(R) transit communications products valued at more than $1.0 million from a leading Southeastern transit system operator.
Among the DR products included in the order are the Digital Recorders(R) automatic vehicle locating system using cellular-based communications, the DR600(R) modular vehicle logic unit featuring global positioning satellite-triggered functions, and the OTvia(R) vehicle tracking system with Internet-based functionality.
TwinVision(R) bus shelter signs, produced by the Company's TwinVision na, Inc. (TVna) subsidiary in Durham, also were ordered by the customer.
"This order underscores our belief that our engineered systems business is gaining strength. It also supports our assertion that our engineered systems and their related technologies and service are winning customers. From a cross-selling context, the order also shows the compatibility of DR's products with other transit communications products designed and manufactured by our TVna subsidiary," David L. Turney, the Company's Chairman, President, and Chief Executive Officer, said.
Order delivery is expected to conclude in the last half of 2007.
ABOUT THE DIGITAL RECORDERS DIVISION
Established in 1983, the Company's Digital Recorders division develops and manufactures intelligent transportation products for the transit industry. Products include: computer-aided dispatch/automatic vehicle location systems; automatic vehicle monitoring systems; Talking Bus(R) automatic voice announcement systems; vandal-resistant, hands-free driver microphones; and more. For more information about the Company's Digital Recorders division, go to www.talkingbus.com.
ABOUT THE TWINVISION NA, INC. SUBSIDIARY
Established in 1996, TwinVision na, Inc. designs, manufactures, sells, and services TwinVision(R) electronic destination sign systems used on public transit vehicles. With leading edge technology, the subsidiary was the first established U.S. supplier to bring amber- and multi-colored, solid-state displays to the U.S. market, innovatively replacing the decades' old flip-dot, bulb, and ballast technology. For more information, go to www.twinvisionsigns.com.
ABOUT THE COMPANY
DRI is a digital communications technology leader in the domestic and international public transportation and transit security markets. Our products include: TwinVision(R) and Mobitec(R) electronic destination sign systems, Talking Bus(R) voice announcement systems, Digital Recorders(R) Internet-based passenger information and automatic vehicle location/monitoring systems, and VacTell(TM) video actionable intelligence systems. Our products help increase the mobility, flow, safety, and security of people who rely upon transportation infrastructure around the globe. Using proprietary hardware and software applications, our products provide easy-to-understand, real-time information that assists users and operators of transit bus and rail vehicles in locating, identifying, boarding, tracking, scheduling, and managing those vehicles. Our products also aid transit vehicle operators in their quest to increase ridership and reduce fuel consumption, as well as to identify and mitigate security risks on transit vehicles. Positioned not only to serve and address mobility, energy conservation, and environmental concerns, our products also serve the growing U.S. Homeland Security market. For more information about the Company and its operations worldwide, go to www.digrec.com.
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, statements concerning the timing and amount of new orders or their expected delivery and installation dates, as well as the potential benefit such orders may have on our ongoing operations; statements regarding our assessment of the emerging transit security market and our perception that there are opportunities for the Company should such markets emerge, together with any statement, express or implied, concerning future events or expectations, is a forward-looking statement. Use of words such as "expect," "fully expect," "expected," "appears," "believe," "belief," "plan," "anticipate," "would," "goal," "potential," "potentially," "range," "pursuit," "run rate," "stronger," "preliminarily," etc., is intended to identify forward-looking statements that are subject to risks and uncertainties, including the risk that the assumptions behind the products' order, delivery and installation are incorrect, the risk that we have overestimated the emergence of the transit security market and/or the opportunities that may exist for the Company should such market emerge, as well as other risks and uncertainties set forth in our Annual Report on Form 10-K filed March 28, 2007, particularly those identified in Risk Factors Affecting Our Business. There can be no assurance that any expectation, express or implied, in a forward-looking statement will prove correct or that the contemplated event or result will occur as anticipated.
Source: DRI Corporation
----------------------------------------------
Veronica B. Marks
Manager
Corporate Communications
DRI Corporation
Phone: (214) 378-4776
Fax: (214) 378-8437
E-Mail: veronicam@digrec.com
KPPC 7.66 KapStone Schedules Second-Quarter 2007 Earnings Release for Wednesday, August 8
Jul 18, 2007 8:36:00 AM
Copyright Business Wire 2007
NORTHFIELD, Ill.--(BUSINESS WIRE)--
KapStone Paper and Packaging Corporation (NASDAQ:KPPC), a leading North American producer of kraft paper and converter of inflatable dunnage bags, will release first-quarter 2007 earnings after the financial markets close on Wednesday, August 8, 2007.
The Company will host a conference call on Thursday, August 9, 2007, at 11 a.m. ET (10 a.m. CT) to review the results for the quarter. All interested parties are invited to listen and may do so by either accessing a simultaneous broadcast webcast on KapStone's website, www.kapstonepaper.com, or for those unable to access the webcast, the following dial-in numbers are available:
Domestic: 800.599.9829
International: 617.847.8703
Participant Passcode: 22662240
The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com, Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (www.streetevents.com) a password-protected event management site.
Replay of the webcast will also be on the Web site beginning at approximately noon ET the same day.
About the Company
Headquartered in Northfield, IL, KapStone Paper and Packaging Corporation is a leading North American producer of kraft paper and converter of inflatable dunnage bags. The company is the parent company of KapStone Kraft Paper Corporation which includes a paper mill in Roanoke Rapids, NC, and Ride Rite(R), a dunnage bag plant in Fordyce, AR. The business employs approximately 700 people.
Source: KapStone Paper and Packaging Corporation
----------------------------------------------
Investor Relations
Andrea Tarbox
847-441-1805
LOL...rocket on that chart for sure :) i want a bigger rocket today, please ;) IDCO
thanks SL :) it is great to be back!
morning sixth, is that a vizsla puppy?
Unique Pizza and Subs Strengthens Company With Strategic Changes
Jul 17, 2007 9:44:00 PM
2007 PrimeNewswire, Inc.
PITTSBURGH, July 17, 2007 (PRIME NEWSWIRE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS), a Delaware Corporation, announces that key strategic changes to strengthen the company are taking place, allowing for a stronger and more positive future. The changes have started in recent months and will continue until Unique Pizza and Subs has made a successful transformation.
Thomas Dugita, Chief Strategy Officer for Unique Pizza and Subs, states, "Since joining Unique Pizza and Subs, I have seen the tremendous potential for our company. Its astonishing the number of people who have committed to opening franchises because of the superior product, the cutting edge technology, and the customer service we provide. As Chief Strategy Officer, it is my responsibility to the company and its shareholders to make the proper changes to stabilize and strengthen our great company. I have been searching for and now have assigned three key additions to our Board of Directors including Robert Fidler, John Budzinski, and Ray Monroe. These additions have brought a wealth of experience and knowledge, to balance our Board of Directors, so this board is capable of enhancing all facets of Unique Pizza and Subs. I have challenged this board to provide recommendations in many areas of our business such as store openings, personnel, marketing, strategy for steady continuous growth, conversions, and shareholders, to name just a few examples. I feel the board will be able to make appropriate changes energizing strategic areas of Unique Pizza and Subs at this important time of nationwide expansion. My goal, along with many, is for consistent growth over the years as we become one of the top pizza and subs franchises."
Unique Pizza and Subs has written a "Letter to the Shareholders" and it has been posted on their website, UniquePizza.com, under Investor Info. To read, click on the following link www.UniquePizza.com/Docs/LettertoShareholders.pdf . This letter will inform new shareholders about the company, update current shareholders about progress, and also inform new and existing customers about Unique Pizza and Subs.
About Unique Pizza and Subs Corporation, a Delaware Corporation
Since the beginning of its development stages back in 1991, Unique Pizza and Subs clearly has separated themselves from other major pizza franchises. They succeed where other major franchises cannot by providing a high quality and consistently made product, professional and friendly customer service, and owners that live, work, and pay taxes in their markets.
The Unique Pizza and Subs logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2466
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from those projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
CONTACT: Unique Pizza and Subs Corporation
James C Vowler
724-216-0220
UPZS Unique Pizza and Subs Strengthens Company With Strategic Changes
Jul 17, 2007 9:44:00 PM
2007 PrimeNewswire, Inc.
PITTSBURGH, July 17, 2007 (PRIME NEWSWIRE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS), a Delaware Corporation, announces that key strategic changes to strengthen the company are taking place, allowing for a stronger and more positive future. The changes have started in recent months and will continue until Unique Pizza and Subs has made a successful transformation.
Thomas Dugita, Chief Strategy Officer for Unique Pizza and Subs, states, "Since joining Unique Pizza and Subs, I have seen the tremendous potential for our company. Its astonishing the number of people who have committed to opening franchises because of the superior product, the cutting edge technology, and the customer service we provide. As Chief Strategy Officer, it is my responsibility to the company and its shareholders to make the proper changes to stabilize and strengthen our great company. I have been searching for and now have assigned three key additions to our Board of Directors including Robert Fidler, John Budzinski, and Ray Monroe. These additions have brought a wealth of experience and knowledge, to balance our Board of Directors, so this board is capable of enhancing all facets of Unique Pizza and Subs. I have challenged this board to provide recommendations in many areas of our business such as store openings, personnel, marketing, strategy for steady continuous growth, conversions, and shareholders, to name just a few examples. I feel the board will be able to make appropriate changes energizing strategic areas of Unique Pizza and Subs at this important time of nationwide expansion. My goal, along with many, is for consistent growth over the years as we become one of the top pizza and subs franchises."
Unique Pizza and Subs has written a "Letter to the Shareholders" and it has been posted on their website, UniquePizza.com, under Investor Info. To read, click on the following link www.UniquePizza.com/Docs/LettertoShareholders.pdf . This letter will inform new shareholders about the company, update current shareholders about progress, and also inform new and existing customers about Unique Pizza and Subs.
About Unique Pizza and Subs Corporation, a Delaware Corporation
Since the beginning of its development stages back in 1991, Unique Pizza and Subs clearly has separated themselves from other major pizza franchises. They succeed where other major franchises cannot by providing a high quality and consistently made product, professional and friendly customer service, and owners that live, work, and pay taxes in their markets.
The Unique Pizza and Subs logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2466
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from those projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
CONTACT: Unique Pizza and Subs Corporation
James C Vowler
724-216-0220
later all!!
no prob...just thought i had missed something! :)
oh...lol...u posted them together so i thought u knew something..LOL...ty
does SMTC have something to do with IDCO? tia
IDCO chart
CARN chart
CARN naz moving 1.32 now
CARN up 7%...hmmmmmm...1.30
TSXT .30 Three Sixty, Inc. (TSXT) Announces Accelerated Distribution Plan
Jul 17, 2007 2:42:00 PM
ATHENS, GA -- (MARKETWIRE) -- 07/17/07 -- Three Sixty, Inc. (PINKSHEETS: TSXT) announced the June 29, 2007 completion of the purchase of its wholly owned subsidiary, Rockford-Montgomery Labs, Inc. (“RML”). Included in the purchase was the established PHARB® Hangover Relief formula, know-how and customer base acquired from Pharbco Marketing Group, Inc. (“PMG”).
RML is pleased to announce that it has decided to place the PHARB® logo on the front of its new packaging along with 360 OTC™ and introduce the launch of the new product as 360 OTC™ Hangover Relief “Powered by PHARB.” This decision was based on the popularity of the PHARB® brand name and the previous distribution of the product. The value of PHARB® stems back 10 years to its inception in 1997. The Hangover Relief product was available in over 55,000 stores nationally.
Michelle Shearer, Three Sixty’s CEO, stated, “This will allow us to immediately tap into the same national distribution network that PHARB® utilized and will give the company immediate access into the 145,119 convenience stores nationally that represent sales of in-store merchandise of $163.6 billion for 2006. By leveraging the 360 OTC™ Hangover Relief 'Powered by PHARB' at mass convenience stores and by securing the 'check-out' stand position in these stores, we will see an increase in profits and a substantial increase in revenue. Our twelve-month projections of $32,500,000 to 35,000,000 accounted for having our 2-pack (trial pack) in two major convenience store chains by the end of this year. By changing our distribution strategy to integrate with the PHARB® brand products, this will bring our projections to a minimum of 10 major chain stores nationally, accelerating the growth of our business.”
Three Sixty, Inc. is an acquisition company. Rockford-Montgomery Labs, Inc. is a brand management company focused on the marketing, sales, and production of the 360 OTC™ brand.
Visit us at www.360otc.com
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
Three Sixty, Inc.
Investor Relations
Tel: 1-706-354-3725
Fax: 1-800-927-1593
www.360OTC.com
PKEH .035 PEAK Entertainment (dba Encore Energy) Subsidiary American Geothermal Expands Scope of Work at The Island on Lake Travis
Jul 17, 2007 2:28:00 PM
OXFORD, Miss., July 17 /PRNewswire-FirstCall/ -- Encore Energy Systems, Inc. (OTC: PKEH.PK), a rapidly growing diversified energy company, has been awarded additional new business on the Lake Travis development through its subsidiary American Geothermal.
American Geothermal originally contracted to do the mechanical design and engineering on the common areas of the prestigious "The Island on Lake Travis" luxury condominium development. It was to comprise 20,000 square feet of area which needed heating and cooling.
The Island on Lake Travis has just taken delivery of the American Geothermal equipment and is readying for its installation. Now the project will encompass approximately 85,000 square feet of conditioned space. That includes commons (or clubhouse) area, "his & hers" locker rooms, a workout facility, a restaurant and bar, as well as a private penthouse suite.
Just last year, American Geothermal CEO Victor DeMarco commented that, "We reasonably expect 'The Island' development will continue benefiting the company long after we complete these installations." That has become a reality.
Having already been awarded the contract for 80 of the 212 condominiums at the Lake Travis project -- and now this project -- it reaffirms that the principal developers have been highly impressed with the reliability and the outstanding results of the Energy Miser system.
These condominiums enjoy the benefit of lowering heating and cooling bills by up to 70% versus traditional HVAC systems.
About the Company
Encore Energy Systems (formerly Energy Vision International) grows through energy-related acquisitions, marketing its patented geothermal water-air heating/cooling systems, and sales of energy conservation solutions.
The company's geothermal marketing unit, DeMarco Energy Systems of America, Inc. (http://www.demarcoenergy.com), has geothermal installations in Oregon, Pennsylvania, Washington, Montana, South Dakota, Mississippi, California and Texas. Encore's primary focus is to provide energy efficient technologies to commercial and institutional markets through the application of the DeMarco 'Systems' patents and other acquired technologies. For more information, visit http://www.energyvisionintl.com.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE Encore Energy Systems, Inc.
----------------------------------------------
Investor Relations: Jack Tarry
CEO of Encore Energy Systems
Inc.
+1-888-234-0963
ir.encore@onebox.com
ITTV can't buy in ameritrade
IPAS 5.55 iPass Inc. Announces Second Quarter 2007 Financial Results Release Date and Conference Call
Jul 17, 2007 1:41:00 PM
REDWOOD SHORES, CA -- (MARKETWIRE) -- 07/17/07 -- iPass Inc. (NASDAQ: IPAS) today announced it will release its financial results for the second quarter 2007, which ended June 30, 2007, on Wednesday, August 8, 2007 immediately after the close of regular market trading. The company will host a public conference call to discuss its financial results, outlook and current corporate developments at 5:30 p.m. Eastern Time (2:30 p.m. Pacific Time) that same day.
The call will be webcast on iPass' web site at http://investor.ipass.com. A taped replay will also be available until iPass reports its third quarter 2007 financial results. The dial-in numbers for the replay are 1-888-286-8010 (U.S. and Canada) and 1-617-801-6888 (international). The ID number for the replay call is 27517092.
About iPass Inc.
iPass helps enterprises unify the management of remote and mobile connectivity and devices. With iPass software and services, customers can create easy-to-use broadband solutions for their mobile workers, home offices, and branch and retail locations, complete with device management, security validation, and unified billing. iPass offerings are powered by its leading global virtual network, on-demand management platform, and award-winning client software. The iPass global virtual network unifies hundreds of wireless, broadband and dial-up providers in over 160 countries. Hundreds of Global 2000 companies rely on iPass services, including General Motors, Nokia, and Reuters. Founded in 1996, iPass is headquartered in Redwood Shores, Calif., with offices throughout North America, Europe and Asia. For more information, visit www.ipass.com.
NOTE: iPass(TM) is a registered trademark of iPass Inc.
CONTACT:
Investor Relations
Tim Shanahan
650-232-4260
Email Contact
GIGA 1.96 Giga-tronics Announces Webcast of Its First Quarter Earnings Conference Call on July 31, 2007
Jul 17, 2007 1:37:00 PM
Copyright Business Wire 2007
SAN RAMON, Calif.--(BUSINESS WIRE)--
Giga-tronics Inc. (Nasdaq:GIGA) will release results for the first quarter of fiscal year 2008 on Tuesday, July 31, 2007, after the close of trading on the Nasdaq Stock Market.
Also on Tuesday, July 31, 2007, Giga-tronics will host a conference call at 4:30 p.m. ET to discuss the results and provide an update on the company's operations and future outlook.
To participate in the call, dial (866) 463-5401, and enter Access Code 864928#. It is recommended that you call in 10 minutes prior to the start time.
This conference call will be broadcast live via the Internet and may be accessed on our website at www.gigatronics.com under "Investor Relations".
A replay of the call will also be available later on our Investor Relations website. This conference call discussion reflects management's views as of July 31, 2007 only.
Giga-tronics produces instruments, subsystems and sophisticated microwave components that have broad applications in both defense electronics and wireless telecommunications.
Headquartered in San Ramon, California, Giga-tronics is a publicly held company, traded over the counter on NASDAQ Capital Market under the symbol "GIGA".
Source: Giga-tronics Inc.
----------------------------------------------
Giga-tronics Inc.
Pat Lawlor
(925) 328-4656
Vice President
Finance/Chief Financial Officer
FMNJ .0085 Franklin Applies to Be Listed on Frankfurt Stock Exchange
Jul 17, 2007 1:22:00 PM
LAS VEGAS, NV -- (MARKETWIRE) -- 07/17/07 -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) is pleased to announce they have submitted their application for listing on the Frankfurt Stock Exchange.
Jaime Melgarejo, Jr., Franklin's President, confirmed today's announcement saying, "The decision to seek a listing on the Frankfurt Exchange was in response to both individual and institutional investors having recently shown heightened interests in Franklin due to our progressive business models in South America and their near-term revenues and profits profiles. When approved, our listing on the Frankfurt Exchange will improve information access by European investors and will provide them the ability to invest in their own time zones and local currencies."
About Franklin Mining, Inc.: Franklin Mining, Inc. has mining and energy interests in the United States and Bolivia as well as energy interests in Argentina. Franklin Mining, Bolivia S.A. is a wholly owned subsidiary. Franklin Mining, Inc. holds 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas, Argentina S.A. Additional company information is available at www.franklinmining.com.
About Frankfurt Stock Exchange: The Frankfurt Stock Exchange is the largest of Germany's exchanges and one of the most highly valued exchanges in the world with the majority of its shares owned by international institutional investors. Additional information on the Frankfurt Exchange is available at www.exchange.de.
DISCLOSURES: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in Franklin Mining, Inc.'s filings with the Securities and Exchange Commission. These risks could cause Franklin Mining, Inc.'s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, Franklin Mining, Inc.
For further information:
website (www.franklinmining.com)
Investor Relations
Austin & Company
1-702-386-5379
TOPP 10.14 The Topps Company, Inc. Announces Resignation of CFO
Jul 17, 2007 1:22:00 PM
NEW YORK, July 17 /PRNewswire-FirstCall/ -- The Topps Company, Inc. (Nasdaq: TOPP) announced today that, after 12 years of distinguished service, Ms. Catherine Jessup has resigned from the positions of Vice President - Chief Financial Officer and Treasurer of the Company to become the North American CFO of a large multinational beverage company. Her resignation is effective August 3, 2007. Ms. Jessup had no disagreement with the Company.
The Company has not appointed a replacement for Ms. Jessup at this time but is in the process of considering potential candidates to fill the vacated positions.
About Topps
Founded in 1938, Topps is a leading creator and marketer of distinctive confectionery and entertainment products. The Company's confectionery brands include "Ring Pop," "Push Pop," "Baby Bottle Pop" and "Juicy Drop Pop" lollipops as well as "Bazooka" bubble gum. Topps entertainment products include trading cards, sticker album collections and collectible games. For additional information, visit www.topps.com.
Forward Looking Statements
This release contains forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although Topps believes the expectations contained in such forward- looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, factors detailed in Topps' Securities and Exchange Commission filings available at http://www.sec.gov, the SEC's Web site. Free copies of Topps' SEC filings are also available on Topps' Web site at www.Topps.com or by contacting the company's proxy solicitor, Mackenzie Partners, Inc. at topps@mackenziepartners.com.
SOURCE The Topps Company, Inc.
----------------------------------------------
Betsy Brod of MBS Value Partners
LLC
+1-212-750-5800
for The Topps Company
Inc.
IDCO Shares Outstanding: 71.01M
Float: 47.23M
% Held by Insiders4: 29.52%
BUNM .0003 Burned Media Ltd.'s Hypster Attracts Strong Youth Demographic
Jul 17, 2007 1:11:00 PM
HENDERSON, NV -- (MARKETWIRE) -- 07/17/07 -- Burned Media (PINKSHEETS: BUNM), a Digital Music and Media company has released data around its online music discovery property, www.hypster.com, that suggests it is an attractive destination for a hotly sought after youth demographic.
The company soft launched the online music discovery site www.hypster.com in March 2007 with less than 100 beta users and recently reported the property had crossed the 31,000 registered user mark. New data shows that the average age of users is 23 years old with over 93% being in the 16-34 year old demographic. Of this user base 55% are female and 45% male.
With this history of month over month growth of 50% and continued traffic of over 1 million pageviews a month, the company expects it can begin to execute a more targeted premium ad sales strategy. This will anchor its current non-premium ad exchange-based advertising.
About Burned Media Ltd.
Burned Media Ltd. is focused upon the sales of digital music and other digital products and services via various online and offline digital sales channels.
Forward-Looking Statement
The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995. While the Company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.
Contact:
Investor Relations
416-855-2061
LLEG .0006x4 .0007x2>>edit .0005x6 .0006x3
morning sixth! :)
LLEG .0006x4 .0007x3 ..Shares Authorized: 1.5 billion (confirmed 05/07/2007)
Shares Outstanding: 861,888,617 (confirmed 06/06/2007)
Float: N/A
LLEG ask thinning