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Sky Power Solutions Corp. (SPOW) Announces Upgraded Version of Stand Alone Residential Solar Dish
Sky Power Solutions Corp., an emerging leader in the development and marketing of next generation lithium-powered batteries worldwide, and a leading developer of residential concentrated solar collector power systems, was pleased to announce this morning an engineering enhancement in the design of their stand alone, residential, solar concentrating system to provide heat recapture for users of its solar power system giving them free hot water.
With an optional upgrade, the Sky Power Solutions’ Residential, Standalone unit will have the ability to capture the heat resulting from the concentration of solar power for use within the Sky Power Solutions collectors to provide hot water. “This helps with the heat management issue encountered with the development of the dish, as well as providing users the additional benefit of electricity savings by getting free hot water,” says Rich Ralston, with Sky Power Solutions Corp. He goes on to say, “We feel we can capture most ALL the energy in our process and pass it on to our users for beneficial use.”
The residential solar power station will have the ability to reduce the average user’s monthly electric grid consumption by up to 30-40% with no emissions or a carbon footprint, using only the power of the sun. Visually appealing, the Sky Power Solutions system can easily be installed in most backyards taking less than one third of the space of conventional Solar panels. The entry level price point for a Sky Power Solutions-Concentrated Solar electric system is projected to be $5,000 at release. Multiple units can be combined for increased capacity.
Scorpex, Inc. (SRPX) Engages Investor Relations Services of MissionIR
Today before the opening bell, Scorpex, Inc. announces that they have engaged the investor relations services of MissionIR. Through a network of investor-oriented sites and full suite of investor awareness services, MissionIR broadens the influence of publicly traded companies and their ability to attract growth capital as well as improve shareholder value.
Scorpex, Inc. is focused on becoming a leader of hazardous and toxic waste disposal in the Baja Mexico/California region where demand for waste management exceeds capacity. To date, the company has constructed a 10,000 square foot storage facility, water reservoir and septic system, sprinkler system, and security fence and is in the process of developing other necessary infrastructure on its 26-acre site.
The company’s future expansion plans include constructing other strategically placed, specially designed, storage, recycling and disposal facilities in various locations throughout Mexico. All facilities will be designed specifically for the purpose of processing the nation’s growing industrial waste, including materials that are classified as industrial, toxic, and hazardous.
Joseph Caywood, Chief Executive Officer of Scorpex, stated, “Engagement of a full-service investor relations firm is a key part of our overall strategy to achieve short-term and long-term goals. MissionIR is providing a much needed service in the small-cap markets.”
SEFE, Inc. (SEFE) Primed for Explosive Growth in both US and Global Energy Markets
SEFE, Inc., a true energy provider, driven by a bold vision of plugging directly into the global atmospheric electric circuit via a highly adaptable, remotely networked and proprietary technology platform, has devised an ingenious growth strategy for the US and global energy markets.
The most recent incarnateion of SEFE’s patented technology, the Harmony III commercial grade system, was designed to be robust, easy to implement and user-configurable from the start, such that the system can be deployed anywhere and generate current usable by any localized source.
Using a dynamically controlled suspended tether and electrically isolated platform, in conjunction with proprietary converter and safety weather balloon technology, the system is readily deployable and integrates seamlessly as a global network which can connect to power grids via SEFE’s patented Network Operations Center (NOC), using secure-encrypted wireless.
Recent testing under sub-optimal conditions of this easily reconfigurable platform, at mere altitudes of 200-300 feet, successfully validated the system’s performance envelope and projections.
We may have our power grid, consisting of a vast array of hardware and technological infrastructure, but nature has its own power grids and one of them is directly above us. The Company has devised an intellectual property-backed, full-spectrum platform that will allow users to connect their power grid to the power grid in the sky, drawing on the continuous flow of electricity in the atmosphere itself.
The amazing marketability of this platform is obvious for utilities, industries like mining and manufacturing, military and relief organizations, as well as a variety of other potential applications due to the adaptability of the component architecture design.
With a system that statistically crushes nuclear (79% savings) and alternative energy like wind (57% savings) on cost, which is also easy to deploy and maintain, generating no significant carbon footprint, SEFE stands poised to offer a technology that can not only address state policy requirements on energy providers for renewable energy, but also turn a nice profit.
One of the biggest energy markets in the US, California, has set a 33% renewable power target by 2030, creating an ideal opportunity for SEFE, especially when one considers the overall receptivity to emergent technology and energy innovation, for which CA has become known.
A $33B domestic market for renewable energy inputs, projected to grow by 11% this year alone (Datamonitor Market Research Profiles), is squaring off with massive increases in demand for energy across the board and mounting limitations on oil/gas production.
The Company has assembled a team tasked with domestic proliferation and a goal to roll out 200 SEFE units (the load capacity of one NOC configuration) nationwide within 48 months.
The global impact of this technology would be immense and impossible to quantify; it works anywhere and taps into an essentially continuous supply of raw energy. SEFE realizes the market potential in China, India, Australia and the EU, and is currently pursuing strategic partnerships.
Pioneer Behavioral Health (PHC) Acquires MeadowWood Behavioral, Extending Market Reach and Accelerating Growth Strategy
Pioneer Behavioral Health, a leading provider of inpatient and outpatient behavioral health services operating under PHC Inc., today announced that it recently completed its acquisition of MeadowWood Behavioral Health, located in New Castle, Delaware.
The acquisition offers PHC entrance into a new market and feeds the company’s mission of securing a stronger position nationwide. Pioneer anticipates expanding the MeadowWood facility itself, and said it is seeking approval to add about 36 beds to the facility in the next year.
“The combination of PHC and MeadowWood Behavioral Health furthers our goal of creating a national footprint and creates a stronger company, and this acquisition is highly synergistic to PHC,” Bruce A. Shear, Pioneer’s president and CEO stated in the press release.
MeadowWood generated $14.6 million in revenues for the 12 months ended Dec. 31, 2010, accounting for approximately 30 percent of fiscal 2010 full-year patient care revenue.
PHC’s plan is to improve efficiency by keeping the current staff at MeadowWood under PHC management, thereby spreading more beds across the same operating leadership.
“We are excited to add the MeadowWood facility, including its skilled and experienced health care team which has a reputation for high quality care, to the PHC organization,” Shear stated. “In addition, MeadowWood’s margins should help improve PHC’s margins after the acquisition is fully integrated into the PHC system. We expect this transaction to be immediately accretive and represent a future growth opportunity for our company.”
For more information visit www.phc-inc.com
SEFE, Inc. Investor Kit is Now Available
http://www.missionir.com/clientsummary/sefe.pdf
iBox Updated with Latest Information
SRPX Engages Investor Relations Services of MissionIR
Today before the opening bell, Scorpex, Inc. announces that they have engaged the investor relations services of MissionIR. Through a network of investor-oriented sites and full suite of investor awareness services, MissionIR broadens the influence of publicly traded companies and their ability to attract growth capital as well as improve shareholder value.
Scorpex, Inc. is focused on becoming a leader of hazardous and toxic waste disposal in the Baja Mexico/California region where demand for waste management exceeds capacity. To date, the company has constructed a 10,000 square foot storage facility, water reservoir and septic system, sprinkler system, and security fence and is in the process of developing other necessary infrastructure on its 26-acre site.
The company’s future expansion plans include constructing other strategically placed, specially designed, storage, recycling and disposal facilities in various locations throughout Mexico. All facilities will be designed specifically for the purpose of processing the nation’s growing industrial waste, including materials that are classified as industrial, toxic, and hazardous.
Joseph Caywood, Chief Executive Officer of Scorpex, stated, “Engagement of a full-service investor relations firm is a key part of our overall strategy to achieve short-term and long-term goals. MissionIR is providing a much needed service in the small-cap markets.”
RiT Technologies (RITT) Receives Major New Orders, Expands PatchView™ Intelligent Infrastructure Management Systems
RiT Technologies, a developer of intelligent physical layer management solutions for the control, utilization, and maintenance of networks worldwide, recently announced that it has received numerous new orders from one of its biggest customers; a top-tier diversified financial services company. The orders, which amount to more than one million dollars, are for the expansion of the PatchView™ intelligent infrastructure management (IIM) systems, which are currently distributed in the client’s central data centers and international headquarters.
The global account has been a satisfied customer of RiT for numerous years and credits RiT’s PatchView™ with aiding in maximizing its network continuity, minimizing the ongoing costs for maintenance, enforcing physical layer security, and by simplifying the infrastructure planning. The projects are inclusive of the implementation of IIM systems in the people workspace and new datacenter facilities in branch offices, and the integration of the RiT solution within the organization with the customer’s internal systems.
“We are proud of the relationship we have built with this prestigious customer, who became one of the industry’s earliest adopters of our PatchView IIM, and quickly came to rely on it as a strategic infrastructure management tool,” said Eran Ayzik, RiT’s President and CEO. “Over the years, our deployments in the customer’s mission-critical headquarters and datacenter networks have proved PatchView’s ability to streamline complex infrastructure operations and to slash the time required to deploy large-scale projects. In addition, we have differentiated ourselves consistently through our ability to support the customer through all the stages of the project with tailor-made and customized solutions.”
Mr. Ayzik continued, “Now that the IIM concept is gaining mainstream acceptance from additional top-tier enterprises, we are benefiting from our extensive track record with this and other satisfied customers worldwide. We believe this will help us secure additional large-scale customers, and hopefully to form relationships that translate into multi-year streams of ongoing revenues.”
For more information on RiT Technologies, visit their website at http://www.rittech.com
Scorpex, Inc. (SRPX) is “One to Watch”
Scorpex, Inc. is focused on becoming a leader of hazardous and toxic waste disposal in the Baja Mexico/California region where demand for waste management exceeds capacity. To date, the company has constructed a 10,000 square foot storage facility, water reservoir and septic system, sprinkler system, and security fence and is in the process of developing other necessary infrastructure on its 26-acre site.
Joseph Caywood is the founder of Scorpex International and has developed the project for several years. His efforts have included overseeing construction, land acquisition, site development, permit applications, governmental relations, and submitting focused studies and reports by experts in this industry. As a result of his efforts, Scorpex will have the only industrial waste processing facility of its kind in Baja Mexico.
The Mexican economy has experienced significant growth in the manufacturing sector over the past several years. This growth has been fuelled by the NAFTA treaty and investments from foreign national companies. The growth of both new and existing industries has dramatically increased the need for the disposal of industrial waste throughout Mexico, especially in the Baja California region.
The company’s future expansion plans include constructing other strategically placed, specially designed, storage, recycling and disposal facilities in various locations throughout Mexico. All facilities will be designed specifically for the purpose of processing the nation’s growing industrial waste, including materials that are classified as industrial, toxic, and hazardous.
Key Investment Highlights
• Burgeoning Opportunities in Rapidly Growing Sector
• Creating a Cleaner Environment for Surrounding Communities
• Developing the Only Processing Facility of its Kind in Baja Mexico
• Solid Business Strategy to Capitalize on Nationwide Demand
Let us hear your thoughts below:
Institutional Buying Could Push Uranium Energy Corp. (UEC) Higher
Uranium stocks were hard-hit in the wake of last March’s earthquake and tsunami and the resulting disaster at Japan’s Fukushima nuclear plant. A number of countries have put plans to build nuclear reactors on hold, and the price of uranium is down from around $75 a pound at its January high to around $57 a pound.
It would be easy and logical to believe that the outlook for uranium stocks is going to be uninspiring for a long time to come, but when I look at the long-term charts of stocks like Cameco (CCJ), Dennison Mines (DNN), Uranerz Energy (URZ), Uranium Resources (URRE) and others, I see two things: These stocks are on long-term support levels and they appear to be making a stand and sketching out base formations. In other words, what the action in these stocks is suggesting is that the death of nuclear power may be greatly exaggerated.
One stock in particular that has caught my eye is Uranium Energy Corp. (UEC), which dropped from $7 to below $3 in the aftermath of Fukushima. UEC intrigues me for three reasons.
First, the stock appears to be sketching out a nice base after bottoming around $2.75 in May. Any move above $3.30 would complete that base, and would suggest that UEC has embarked on a new uptrend. Second, on June 14 UEC announced that it had landed its first multi-year uranium sales contract. Up until this point, UEC has been developing uranium properties and producing uranium but has had virtually no revenue. The value in the stock has come from the value of its properties and reserves.
Since UEC began production in November 2010, it has produced 100,000 pounds of uranium at a cost of approximately $15 per pound. In each successive quarter, production has more than doubled while production costs have declined. In addition, the estimated value of its reserves has been rising sharply. But with the announcement that UEC had secured a three-year contract to deliver 300,000 pounds of uranium over three years starting in August 2011, Uranium Energy crossed over a threshold that should attract new attention to this company as a viable new producer of uranium with cash flow.
The third reason I find UEC interesting is that it has been attracting a great deal of buying from institutional investors. A number of large, well-known institutions bought major stakes in UEC in the first quarter of 2011. Oppenheimer Funds, which owns around 6% of UEC, added over 1 million shares to its position in the quarter ended March 31. Munder Capital Management bought an initial stake of nearly 1.8 million shares in the March quarter; US Global Investors bought over 1 million shares; Global X Management bought nearly 1.3 million shares; Integrity Asset Management bought over 1.1 million shares; and Van Eck Associates took an initial position of 970,415 shares.
Some of these positions were undoubtedly taken prior to the March nuclear meltdown in Japan, and it will be very interesting to see how many of these institutional investors added to their stakes in UEC during the June quarter after the stock had declined dramatically.
What these purchases indicate to me is that some very smart investors not only have Uranium Energy Corp. on their radar screens but that they were willing to take major stakes in the company in an early stage of its development and prior to the generation of any significant revenue. What this means to me is that if UEC delivers on its potential — which it appears to be doing — these investors and others like them will more than likely raise their stakes, providing ongoing support for the stock … and that continuing good news will find a readily receptive audience and translate into a steadily rising stock price.
My bet is that UEC has seen its low and that it’s already embarked on a new uptrend. Watch for a breakout above $3.30 to confirm that uptrend.
Author: Mark Biondetti
Source: http://seekingalpha.com/article/277633-institutional-buying-could-push-uranium-energy-corp-higher
iBox Updated with Latest Information and Pictures
China Botanic Pharmaceutical Inc. (CBP) Receives Patent for Siberian Ginseng Extraction Process
China Botanic Pharmaceutical Inc. is a company on the rise. Located in Harbin, China, this young company has quickly earned a reputation for their research, development, manufacturing, and distribution of botanical products and bio-pharmaceutical products. Today, China Botanic took a major step towards prominence with announcement they have been granted a patent from the State Intellectual Property Office of the People’s Republic of China for its Siberian Ginseng.
The patent is No. ZL200710301682X and will not only protect the Siberian Ginseng (Acanthopanax) but will also protect the resulting Siberian Ginseng extracts and their application will provide market exclusivity for a period of 20 years.
The patent covers a wide variety of possible Siberian Ginseng extraction methods and applications, creating a high barrier to entry for competitors seeking to develop similar Siberian Ginseng products, and, as a result, it confers significant independent intellectual property rights. These medicines are state-of-the-art in that they are powerful new tools in combating depression and senile dementia and have been recognized as “class one new drugs” and “innovative drugs” by the State Food and Drug Administration of China.
Leading the team at China Botanic is Mr. Shaomin Li whom serves as the Chairman and CEO of the evolving company. Li stated, “It is highly gratifying to receive patent protection for our advancements in the treatment of depression using all-natural Siberian Ginseng extracts. With our exclusive access to a large proportion of the Siberian Ginseng resources, and now this important protection for the extracts we obtain from the plant, our methods of preparation and their applications, we feel this is a major step forward. The issuance of this patent will enhance the commercial potential of our Siberian Ginseng applications in China, one of the largest markets for depression therapies, and further strengthen our leading market position.”
Currently, China Botanic is trading in the $0.80 range. To learn more about their new patent and the company as a whole, visit the corporate website at: www.renhuang.com
Vista Gold Corp. (VGZ) Reports on Australian Drilling Program
Vista Gold Corp. reported the initial results of an exploratory drilling program at the company’s gold property in Australia.
In 2010, Vista Gold initiated a bankable feasibility study at the Mt. Todd project, located in Northern Territory, Australia. The company is investigating whether gold can be produced in commercial quantities from the Batman deposit at the site.
The first phase of this study involved drilling ten holes into the Batman deposit, and obtaining 5,740 meters of samples. The samples were then sent to ALS-Chemex, Genalysis Laboratory Services and North Australia Laboratories for multiple assay tests.
Vista Gold reported that the results of the initial phase confirm the mineralization of the Batman deposit and provide information for future drilling programs at the property. The company said that the results also extend that mineralization to the eastern side of the deposit.
Vista Gold estimates that prior to the recent drilling program, the proven and probable gold reserves present in the Batman deposit was 4.1 million ounces, with measured and indicated gold resources of 1 million ounces.
Vista Gold said that the company is working on a new resource estimate incorporating the results of the recent drilling program and expects to be finished by August 2011.
For more information on the company, go to http://www.vistagold.com
Scorpex, Inc. (SRPX) Takes on Mexico’s Growing Baja Peninsula
In much of Mexico, the rules for waste management are changing, reflecting a growing population, tourism, and industrialization. In an attempt to tighten up waste management regulations, the General Law for Waste Prevention and Waste Integral Management was published in the Official Federal Bulletin for Mexico, and it became clear that additional resources were needed to address Mexico’s most severe waste management problems.
Nowhere is the subject of waste management more relevant than on Mexico’s Baja Peninsula, the long strip of land running 775 miles from the southern border of California south to Cabo San Lucas, dividing the Pacific Ocean from the Gulf of California. The area is a relatively large generator of waste in comparison to other parts of Mexico, as tourists and providers move in to take advantage of incomparable weather, a vast string of magnificent beaches, and a growing resort and hospitality industry. Agricultural waste is also growing, from areas suitable for growing citrus fruits, grapes, and other popular products, and the mining industry continues to develop.
Enter Scorpex, a Nevada-based company taking the necessary steps to build a full service waste disposal and recycling company, including toxic and hazardous waste, to serve the Baja California region of Mexico in the northern half of the peninsula. Scorpex Mexico corporate headquarters are located in Rosarito in Baja California, and the first Scorpex waste processing plant is being developed in nearby Ensenada.
The company has carefully planned and designed the facility, working closely with community representatives and expert consultants, and has complied with all legal and business requests at every level. As a result, the Mexican government has fully endorsed the Scorpex project, and a significant amount of construction has already been completed.
For additional information on Scorpex, visit the company’s website at www.Scorpex.com
Scorpex, Inc. (SRPX) Takes on Mexico’s Growing Baja Peninsula
In much of Mexico, the rules for waste management are changing, reflecting a growing population, tourism, and industrialization. In an attempt to tighten up waste management regulations, the General Law for Waste Prevention and Waste Integral Management was published in the Official Federal Bulletin for Mexico, and it became clear that additional resources were needed to address Mexico’s most severe waste management problems.
Nowhere is the subject of waste management more relevant than on Mexico’s Baja Peninsula, the long strip of land running 775 miles from the southern border of California south to Cabo San Lucas, dividing the Pacific Ocean from the Gulf of California. The area is a relatively large generator of waste in comparison to other parts of Mexico, as tourists and providers move in to take advantage of incomparable weather, a vast string of magnificent beaches, and a growing resort and hospitality industry. Agricultural waste is also growing, from areas suitable for growing citrus fruits, grapes, and other popular products, and the mining industry continues to develop.
Enter Scorpex, a Nevada-based company taking the necessary steps to build a full service waste disposal and recycling company, including toxic and hazardous waste, to serve the Baja California region of Mexico in the northern half of the peninsula. Scorpex Mexico corporate headquarters are located in Rosarito in Baja California, and the first Scorpex waste processing plant is being developed in nearby Ensenada.
The company has carefully planned and designed the facility, working closely with community representatives and expert consultants, and has complied with all legal and business requests at every level. As a result, the Mexican government has fully endorsed the Scorpex project, and a significant amount of construction has already been completed.
SRPX Takes on Mexico’s Growing Baja Peninsula
In much of Mexico, the rules for waste management are changing, reflecting a growing population, tourism, and industrialization. In an attempt to tighten up waste management regulations, the General Law for Waste Prevention and Waste Integral Management was published in the Official Federal Bulletin for Mexico, and it became clear that additional resources were needed to address Mexico’s most severe waste management problems.
Nowhere is the subject of waste management more relevant than on Mexico’s Baja Peninsula, the long strip of land running 775 miles from the southern border of California south to Cabo San Lucas, dividing the Pacific Ocean from the Gulf of California. The area is a relatively large generator of waste in comparison to other parts of Mexico, as tourists and providers move in to take advantage of incomparable weather, a vast string of magnificent beaches, and a growing resort and hospitality industry. Agricultural waste is also growing, from areas suitable for growing citrus fruits, grapes, and other popular products, and the mining industry continues to develop.
Enter Scorpex, a Nevada-based company taking the necessary steps to build a full service waste disposal and recycling company, including toxic and hazardous waste, to serve the Baja California region of Mexico in the northern half of the peninsula. Scorpex Mexico corporate headquarters are located in Rosarito in Baja California, and the first Scorpex waste processing plant is being developed in nearby Ensenada.
The company has carefully planned and designed the facility, working closely with community representatives and expert consultants, and has complied with all legal and business requests at every level. As a result, the Mexican government has fully endorsed the Scorpex project, and a significant amount of construction has already been completed.
The Scorpex, Inc. Investor Kit is Now Available
http://www.missionir.com/clientsummary/srpx.pdf
Inovio Pharmaceuticals (INO) Prostate Cancer Vaccine Shows Success in Primate Trial
Inovio Pharmaceuticals Inc., a leading developer of therapeutic and preventive vaccines, today announced that its SynCon ™ therapeutic DNA vaccine (INO-5150) for prostate cancer demonstrated positive immune responses in monkeys.
The company said the results support similarly strong, antigen-specific and sustainable T cell levels in previously reported data from earlier animal studies. Inovio said the new data reinforces its plan to a start phase I clinical trial for INO-5150 by the middle of next year.
Dr. J. Joseph Kim, Ph.D., president & CEO of Inovio, emphasized the potential of the vaccine in human models.
“The immune response data achieved by our SynCon™ prostate cancer vaccine in this large animal study is exceptional. It reinforces the repeatedly and consistently strong, long-lasting immune responses achieved by Inovio’s DNA vaccine platform against multiple cancers as well as other diseases,” Dr. Kim stated in the press release. “We are optimistic about the potential of this therapeutic vaccine in our planned prostate cancer human study and broadly speaking for cancers in general, including our currently progressing cervical cancer and leukemia phase II clinical studies.”
Inovio is currently manufacturing clinical grade INO-5150 with the goal of launching its planned phase I study in mid-2012. The company plans on enrolling a total of 148 patients across 25 study centers in the US., Korea, South Africa, Australia and Canada.
Inovio is currently conducting a phase II study for its cervical cancer vaccine. The randomized, placebo controlled, double blind study as designed to evaluate the effects of VGX-3100 treatment on the clearance of moderate or severe cervical intraepithelial neoplasia (CIN 2/3) cervical lesions.
For more information visit www.inovio.com
Callidus Software Inc. (CALD) Partners with Mapping Analytics to Provide a New Paradigm in Sales Performance Management Software/Service
Callidus Software, a top market and tech leader in Sales Performance Management (SPM) via Software-as-a-Service (SaaS) applications, reported today that the Company has officially partnered (signed in Q2) with makers of the revolutionary ProAlign® Sales Territory Alignment and Optimization solution, Mapping Analytics.
Senior VP of Marketing at CALD, Lorna Heynike, laid it all out very clearly, stating that the key to optimal sales performance is the ability to blanket a market and provide total coverage. Heynike asserted that the Mapping Analytics partnership is wholly consistent with this objective as CALD will now be able to vastly extend the Company’s Monaco On Demand SPM suite handsomely, providing exemplary territory management capabilities, enabled by an integrated mapping system for powerful visualization that allows for rapid alignment of territories across multiple regions. Heynike pointed out the immediately obvious benefit to customers, who will get a higher return on investment in their sales force, being able to quickly optimize and map personnel load to vectors like customer concentration, overall workload and sales potential.
The efficiency upgrade this solution enables is remarkable and the partnership makes complete sense from a strategic standpoint. The power of the Mapping Analytics’ ProAlign® Sales Territory Alignment & Optimization Software framework allows a business to map strategic endpoints like company locations, customers, prospects, sales people and just about any other salient target. Basically, they have a solution that dynamically auto-creates balanced solution sets for territories based on a wide variety of inputs, anyone who has ever managed a large sales force can immediately grasp the technical functionality and overall efficiency such a solution provides.
President of Mapping Analytics, Ralph Rothfelder, commented on the partnership and extolled the resultant, which he affirmed benefits both from the superior ProAlign mapping technology and Callidus’ award-winning, full-spectrum sales talent lifecycle solutions.
Because Callidus’ products address the entire lifecycle from onboarding to incentivisation structures, ongoing training/mentoring and user-centric performance optimization, the complete transparency and visibility of the underlying process yields surety of analysis regarding operational and financial performance. This really offers unprecedented capabilities for customers to effectively manage the sales force and to simultaneously focus more on channeling key business objectives in order to maximize sales.
Because the ProAlign solution leverages ESRI ArcGIS®, the world’s top geographic mapping environment and is fully integrated with the Alteryx® geographic business intelligence platform, we get an end product that seamlessly feeds custom data through a dynamic software environment. This environment surpasses all expectations for analytical and report development tasks.
FBI Purchase of Arista Power (ASPW) Renewable Energy System Hints at Market Potential
Arista Power Inc., a diversified renewable energy product and services manufacturer, recently received an order for a Mobile Renewable Power Station (MRPS) from the Federal Bureau of Investigation (FBI) Audio Technology Deployment Unit Power Sources Program.
The FBI’s order includes Arista’s patented, ducted WindTamer wind turbine, as well as solar cells, fuel cells, and energy storage and power distribution system. The system was designed to replace diesel fuel generators, providing continuous operations. Since the system can be transported by commercial vehicles, the FBI can implement the MRPS system to power its communications equipment even in remote locations.
Nick Foundos, electrical engineer and program manager of the FBI’s Audio Technology Deployment Unit Power Sources Program, detailed how Arista’s comprehensive offerings complement the FBI’s program’s energy needs.
“We are procuring the Arista Power MRPS as we feel it will meet the needs of our application by combining wind, solar, fuel cells and energy storage into a reliable renewable power station. We are extremely impressed with the engineering capabilities of the Arista Power team and look forward to fielding the MRPS,” Foundos stated in the press release.
Arista noted the uniqueness of the MRPS, and said it expects receiving more orders based on increasing interest in its programs.
“There is no other system like ours,” said William Schmitz, CEO of Arista. “We see our system as a cost-effective alternative to using diesel generators in the field. Our system is versatile, scalable, reduces the number of site visits for refueling, and can be custom-designed to incorporate a variety of technologies to service virtually any power requirement. Remote monitoring is a rapidly growing application. We are seeing increasing interest in our Mobile Renewable Power Station, both in the commercial market and from a number of government agencies, including the U.S. Army, and we expect additional orders going forward.”
For more information visit www.aristapower.com
CAMAC Energy, Inc. (CAK) Reports Results of Annual Shareholder Meeting
CAMAC Energy, Inc., a U.S.-based energy company focused on the exploration, development and production of oil and gas, today announced that at the recent annual general meeting, William J. Campbell, J. Kent Friedman and Ira Wayne McConnell were elected as independent directors of the company.
Mr. Campbell has nearly thirty years of experience in the legal, investment and energy industries with a diverse background in management, finance, legal, land and marketing. Since 2006, Mr. Campbell has served as owner and managing director of PPPCo-CB Energy, LLC, a Houston, Texas-based private and gas exploration and production company, and since 1997 Mr. Campbell has served as owner and managing director of CB Energy, LLC, a Houston, Texas-based private oil and gas exploration and production company.
Mr. Friedman is a veteran corporate and transactional lawyer with a long history of contributing to the civic and cultural life of Houston, Texas. Mr. Friedman is currently a partner in the Public Law Practice Group in the Houston office of Haynes and Boone, LLP, which he joined in January of 2011, and since May of 2000 has served as Vice Chairman of the Board and General Counsel of MAXXAM Inc., a Houston-based diversified, non-reporting public holding company with extensive interests in various businesses. Prior to joining MAXXAM, from 1982 to 1999 Mr. Friedman was a partner of the law firm Mayor, Day, Caldwell & Keeton, where he was one of the founding partners and served as the Managing Partner for over a decade.
Mr. McConnell is the Managing Partner of Houston, Texas-based McConnell & Jones LLP, Certified Public Accountants, where he is responsible for guiding the strategic direction of the firm and has overall responsibility for management of administrative functions, accounting, and information technology and is also Partner-In-Charge of the firm’s assurance practice. He founded McConnell & Jones in July of 1987. Mr. McConnell is also active in the public services sector, serving as a board member of the Houston Division of the American Heart Association since 2003, as a board member of the SouthWest Affiliate of the American Heart Association since 2008, and as the former Chairman of the Audit Committee of the American Heart Association National Board.
CAMAC Energy also announced that Dr. Kase Lawal, the company’s current Chairman and Chief Executive Officer, has agreed to continue in his role as CEO for the next 12 months, with the company’s executive search recommencing in 2012. Dr. Lawal commented: “I am pleased to continue in this key executive management position with the Company, which we believe will help strengthen and stabilize our management team as we position the Company for future growth and opportunities.”
The company has provided a full list of board members and their full biographies via the recent proxy statement filed with the SEC on May 13, 2011 which is available at www.sec.gov or through the CAMAC Energy website, www.camacenergy.com
U.S. Patent and Trademark Office Issues SEFE, Inc. (SEFE) Patent for Atmospheric Electrical Generator
SEFE, Inc., an alternative energy company focused on harvesting static electricity from the atmosphere and translating it into a form for usable power, announced this morning that it has been issued patent 7,855,476B2 for its Atmospheric Electrical Generator. The patent, filed in 2008 by SEFE Chief Technology Officer Mark Ogram but owned by SEFE, Inc., is the first of several patents that the company has submitted to the U.S. Patent and Trademark Office.
“The Atmospheric Electrical Generator is at the core of our intellectual property portfolio,” stated Mr. Ogram. “Inventions such as these are what will allow us to stay at the forefront of this rapidly growing industry. The Atmospheric Generator is important because it will serve as a cornerstone. We are witnessing a shift in the scientific community toward the belief that this energy source, which we have always recognized as having prevalence in our environment, is not as impossible to utilize as has been previously thought.”
Ogram, the principal inventor of the patent, received his BS and MS in Systems Engineering at the University of Arizona in Tucson. Subsequently, he had tenure as a Test Engineer with Hughes Aircraft, after which he attended Pepperdine University in Malibu, CA, receiving his Law Degree (JD) in 1979 and becoming a Patent Attorney with Texas Instruments, Inc. in Dallas, TX. He then returned to private practice in Tucson, AZ. SEFE’s Atmospheric Electrical Generator is the tenth issued patent in which Mr. Ogram has been involved.
SEFE, Inc. is currently pursuing an additional three pending patents with the USPTO and continues to develop its portfolio of trade secrets, patents, and other forms of intellectual property as an ancillary source of value to its investors.
AdCare Health Systems, Inc. (ADK) Inks $38.5M Acquisition in-line with M&A Strategy
AdCare Health Systems, Inc., a leading senior living and healthcare facility management provider, yesterday announced it will acquire, lease or become the manager of 15 skilled nursing facilities in South Carolina, North Carolina, Virginia and Tennessee for $38.5 million, representing the company’s largest acquisition thus far.
Two of the facilities are to be purchased, nine leased, and four managed by AdCare. With an aggregate of nearly 2,000 beds, the facilities generate an estimated $93 million in gross annualized revenues, which are expected to be immediately accretive to AdCare’s earnings upon completion of the transaction in the fall.
Including previously announced transactions, AdCare’s estimated annualized revenue run-rate is anticipated to top $268 million, a more than 400 percent increase over 2010 revenues and an increase of more than 900 percent over revenues in 2009 when the company launched its current M&A campaign.
“This agreement brings the total number of facilities we’ve put under contract to 46 since we began our M&A campaign in the fall of 2009, and is by far our largest transaction to-date,” Chris Brogdon, AdCare’s vice chairman and chief acquisitions officer stated in the press release. “It represents our first entrance into South Carolina, Virginia and Tennessee, and expands our presence in North Carolina. The addition of these facilities is in line with our expansion into the Southeast, and will leverage the support staff we’ve already established in the region.”
The company is also evaluating additional acquisition opportunities in the Midwest and said it will continue to focus on its current M&A plan in the second half of 2011.
For more information visit www.adcarehealth.com
Tri-Tech (TRIT) Secures $20M Contract for Expansion of Water Treatment Plant in China
Tri-Tech Holding Ind., a China-based water treatment and odor/pollution control company, yesterday announced it has been awarded the contract for the expansion phase of the water treatment plant for the City of Ordos, valued at approximately $20 million. This phase is a follow up to the initial contract the company received in 2010.
Tri-Tech co-president Gavin Cheng noted that adverse winter weather conditions slowed the company’s construction efforts for the initial phase, which are now 70 percent complete. Cheng said the company’s ability to utilize its technology and project managers to combat the conditions earned the company the expansion phase of the project.
“We were very pleased to be awarded the expansion contract after our ongoing success with the initial phase construction … Following the completion of the initial and expansion phases, the Ordos plant will be the world’s largest treatment facility that uses ultra filtration and nano-filtration membrane technology …,” Tri-Tech CEO Warren Zhao stated in the press release.
The terms of the contract of expansion phase call for Tri-Tech to provide services of design optimization, procurement, installation, startup and commissioning, owner’s personnel training, operation and maintenance manual preparation of water treatment plant, and other services as needed.
China is ridden with heavily polluted water sources, which has prompted the Chinese government to issue new drinking water standards to be effective 2012.
“National policy places great emphasis on upgrading China’s water infrastructure. We believe this policy presents a huge market opportunity for our company. The Ordos water treatment plant project will be a highly visible example of our ability to execute large projects, deploy market resources and capital and implement innovative technology,” Zhao stated.
Tri-Tech co-president Phil Fan emphasized the importance of improved wastewater treatment to meet new drinking water standards in China and abroad.
“There is an urgent need for conventional water plants to be upgraded and to enhance wastewater treatment and reduce pollutant emissions, gradually reaching new drinking water standards in the country. Tri-Tech is continuously researching new and advanced membrane technology, disinfection technology, online monitoring technology, zero emission technologies and seawater utilization technology both in China and abroad,” Fan stated. “We have begun earnest cooperation with the manufacturers and research institutions and we are continuously driving the implementation of the latest and most sophisticated water and wastewater treatment technology for domestic municipal and industrial applications.”
Please visit http://www.tri-tech.cn for more information
SANUWAVE, Inc. (SNWV) is “One to Watch”
SANUWAVE, Inc., a Georgia based company, is specializing in the development and commercialization of non-invasive, biological response activating devices for the repair and regeneration of tissue, musculoskeletal, and vascular structures. Their lead product candidate, called dermaPACE®, utilizes high energy acoustic pressure waves to treat chronic wounds, effectively enhancing the body’s own healing process. Most recently, the non-invasive device was shown to significantly decrease the size of diabetic foot ulcers, confirming just one of many markets to which the technology is expected to be applied.
The proprietary technology is now being developed for treating a wide range of diverse conditions, including burns, wounds, skin eruptions, cellulite treatment, orthopedic/spine applications, improving bone density in osteoporosis, eliminating chronic pain from trauma and arthritis, blood flow stimulation, and possibly even removing plaque due to atherosclerosis. Treatment does not require anesthesia, is quick and easy to administer, and is highly cost effective.
It’s all based upon acoustic pressure waves delivered in the shock-wave acoustic spectrum, a form that results in revascularization and microcirculatory improvement in musculoskeletal and soft tissue, which in turn promotes tissue regeneration. The unique shock waves used in PACE (Pulsed Acoustic Cellular Expression) technology are different from other familiar forms of acoustic energy, such as ultrasound. With PACE, the generated acoustic wave front represents a region of sudden and forceful change in stress, density, and temperature. It’s these shock waves that have been discovered to have a dramatic effect on living cells, and it’s this technology that SANUWAVE plans to ride into the future.
For additional information, visit the company’s website at www.SANUWAVE.com
Hanmi Financial Corp. (HAFC) is “One to Watch”
Hanmi Financial Corporation, parent company of Hanmi Bank, a wholly-owned subsidiary, announced on June 20 that it has commenced a public offering of approximately $75 million in common stock. Hanmi Bank will use most of the proceeds from the offering to support future organic and acquisition driven growth.
Headquartered in Los Angeles, Hanmi Bank provides banking services to much of California, through 27 full-service offices, plus a loan office near Seattle, Washington. Hanmi Financial was established in 2000, but Hanmi Bank was founded in 1982. Originally aimed at the Korean-American Community, Hanmi Bank has grown to become the largest Korean-American Bank in the country, and has the fastest growing nationwide presence of any Korean-American bank. Today the bank is considered a leading community bank serving multi-ethnic customers in the Los Angeles, San Francisco, and San Diego areas. The bank specializes in commercial, SBA, trade finance, and consumer lending.
FBR Capital Markets & Co. will act as sole book-running manager for the public offering. Hanmi Financial expects to grant the underwriter a 30-day option to purchase up to $11.25 million of additional common stock for over-allotments, if any.
For additional information, visit the company’s website at www.Hanmi.com
GreenHouse Holdings, Inc. (GRHU) is “One to Watch”
In much the same way that companies specializing in information technology can help design, integrate, implement, and maintain IT systems for client businesses, there is a growing industry focused on helping businesses go green. The advantage, of course, is far more than a sense of sustaining the environment for future generations. Going green can have a significant positive impact on energy costs, as well as ensuring that government requirements and guidelines are being met.
A prime example of an expanding environmental technology support company is GreenHouse Holdings, Inc., based in San Diego. GreenHouse designs, engineers, and installs products and technologies that reduce energy costs and carbon footprint for the residential, commercial, industrial, government, and military markets. The goal is always to enable clients to monitor and control their energy costs, producing persistent technical and financial results, a foundational benefit that continues to give. With their knowledge of efficient building technologies, the company is also able to provide rapidly deployable facilities for use in disaster relief and security in austere environments, and their products represent a mix of capabilities for both permanent and temporary facilities and situations.
GreenHouse’s portfolio includes a variety of energy efficient products, energy management systems, eco-friendly infrastructure, scalable bio-fuel, and proprietary technologies. Flagship products include waste-to-fuel ethanol systems, a ready-to-deploy infrastructure of eco-friendly buildings and systems called the Green Village, RDU (Rapidly Deployable Unit) buildings that can be set up or taken down in less than an hour, and the 1-Link system for quickly integrating communications between diverse emergency providers. Regardless of the application, GreenHouse is now considered a leader in global sustainability systems integration.
In May, GreenHouse was awarded a $151 million contract to build a national security training center, the biggest contract in the company’s history. The Carlstrom National Security Training Center will be built in Central Florida, and was awarded to GreenHouse’s subsidiary, Life Protection, Inc., by the Pinnacle Performance Group. The center will be used by various military and government emergency response organizations, and will provide simulated training scenarios and classroom-based learning. It will take three years to complete.
For more information, visit the company’s website at www.GreenHouseIntl.com
China Sunergy Co. Ltd. (CSUN) Subsidiaries Ink Deal to Ramp Annual Silicon Cell Production
China Sunergy Co. Ltd., a China-based specialized solar cell and module manufacturer, today announced that its fully owned subsidiaries China Sunergy (HK) Co. Ltd. and China Sunergy (Nanjing) Co. Ltd. are co-investing in a 1GW solar cells expansion project in Yangzhou City, with the first batch of 500MW solar cells production line is expected to be commercialized in the first half of 2012.
The project will focus on the production of the newly developed Quasar cells, developed by China Sunergy, which have demonstrated the highest cell efficiency of 18.85 percent and an average efficiency of 18.55 percent from the best batch.
Today’s announced deal is expected to increase China Sunergy’s annual silicon cell production capacity to reach large-scale Quasar cell production efficiency of more than 19 percent in the first batch and 20 percent within two years.
Dr. Jianhua ZHAO, chief technology officer, said the company’s expectations are based on the company’s current equipment and R&D capability, and that the enhanced efficiency levels will result in significant cost-cuts for its customers.
“We believe solar industry has a very promising future. We take this golden opportunity to expand our production capacity and commercialize on our leading R&D technologies with the strong support of the Yi Zheng Development Zone,” Stephen Cai, CEO of China Sunergy stated in the press release. “We are confident that this 1GW production capabilities and highly efficient Quasar cells will provide us the scale and technological edge to be better positioned for industry growth and to become an industry leading player.”
China Sunergy noted that Yi Zheng Economic Development Zone has provided the company with 500 Mu (1 Mu=667 square meters) of land for industrial use, which includes comprehensive accessibility to local drainage, water, electricity, heating, gas supply, telecommunication and traffic. It has also provided a power station of 110KV prior to the construction of the facility.
For more information visit www.chinasunergy.com
Passive Hypodermic Safety Syringe Introduced by MedPro Safety Products Inc. (MPSP)
MedPro Safety Products Inc. is a leading developer of safer medication delivery and blood collection systems. The company’s injection and infusion products incorporate needlestick prevention features considered to be the most passive now available on the market as they require little or no clinical training as compared to competitive products.
The company today announced the introduction of its hypodermic safety syringe. The device incorporates a proprietary safety shield that is automatically released during the administration of medicine, covering the needle as it is removed, and thereby enhancing the safety of both the patient and the health practitioner.
MedPro’s passive (automatic) hypodermic safety syringe provides unique features and benefits. The safety mechanism is integrated into the syringe and is activated through the normal process of medication delivery. The shield is automatically deployed over the contaminated needle, reducing the chances of a needlestick injury. It also prevents recapping, removal and reuse of the syringe with the engagement of its auto-diable feature and reduces the chance of blood or drug splatter.
The automatic hypodermic safety syringe is the latest product in the company’s efforts to expand its patented safety technology across a broad range of sectors. MedPro is currently in discussions with several potential partners to explore the commercialization of the hypodermic safety syringe. For more information on MedPro Safety Products, please visit its website at www.medprosafety.com
STAAR Surgical Co. (STAA) Completes First of Several Optical Procedures to Prepare for Full-Market Product Launch
STAAR Surgical Company, a developer, manufacturer and marketer of minimally invasive refractive lenses that go inside the eye, today announced it has completed the first of several procedures to implant Visian® Implantable Collamer® Lens (ICL™) V4c design.
The Visian V4c, which received European CE Mark approval in April, was designed to optimize the flow of fluid within the eye. The CentraFLOW™ proprietary technology eliminates the need for a surgical YAG peripheral iridotomy procedure days before the ICL implant, which the company said provides a more comfortable, convenient ICL procedure overall.
Dr. Erik Mertens, medical director and founder of the Medipolis Eye Centre in Antwerp, Belgium, implanted the Visian ICL V4c model in five eyes last Friday. These are the first procedures in a broader plan for eight sites and 100 eyes before the company conducts a full market launch in countries that accept CE Mark approvals.
“The V4c design offers significant benefits,” Dr. Mertens stated in the press release. “Since the approval late last year of the expanded range ICL, I have implanted the ICL in patients with as low as -1.5 diopters of myopia. Based on this initial experience, the new V4c design has proven to be more comfortable and convenient for the patient, as well as for me and my staff. Eliminating the iridotomy step puts the ICL procedure on the same level of efficiency as LASIK and it provides as good, if not better, visual results for the patient. … This latest ICL development eliminates a step in the procedure, and I believe this revolutionary CentraFLOW™ technology will be a game changer for implant-based refractive surgery.”
The company said the purpose of the pre-marketing procedures is to establish a strong marketing platform for the full launch, which the company said showcased at the upcoming ESCRS meeting in Vienna during September.
For more information visit www.staar.com
Metropolitan Health (MDF) to Acquire ContinuCare (CNU), Maximize Expansion Potential
Metropolitan Health Networks Inc. today announced it will Continucare Corp. in a cash and stock transaction valued at approximately $416 million, creating a healthcare service provider to more than 68,000 Medicare Advantage and Medicaid customers.
The combined company will own 31 primary care medical practices in 18 Florida counties, utilizing a network of more than 250 contracted, independent, primary care practices.
Combined, the companies said they estimate approximately $660 million in annual revenue, based upon their respective results for the 12 months ended March 31, 2011, and more than $90 million in earnings before interest, taxes, depreciation and amortization (EBITDA) for the same period.
“In keeping with our mandate to achieve both organic and acquired growth, it gives us great pleasure to make today’s announcement,” Michael Earley, chairman and CEO of Metropolitan stated in the press release. “ … Each of our organizations have independently cultivated businesses that have little overlap and provide exemplary primary care to seniors and others in one of Florida’s fastest growing industries. Continucare is viewed as an accretive and a highly complementary acquisition for Metropolitan, one that we would be proud to culminate.”
Earley also noted that the companies expect the Medicare and Medicaid markets to grow significantly, and that the acquisition increases the companies’ potential for out of state expansion.
“… As our industry has evolved, we have sharpened our focus on providing the best possible care to our patients while continuing to create value to our shareholders,” commented Richard Pfenniger, chairman, CEO, and president of Continucare stated. “We expect that this transaction will bring resources to our customers and value to our shareholders, while providing stability to the employees of both of our companies, as they continue on a combined growth plan.”
Continucare common stock shareholders will receive $6.25 per share in cash, and 0.0414 of a share of Metropolitan common stock, equaling approximately $0.20 at the time of the announcement. The exact value of the will depend on Metropolitan’s share price at closing. Metropolitan expects to issue approximately 2.7 million shares in connection with the pending transaction.
For more information visit www.metcare.com or www.continucare.com
Uranium Energy Corp. (UEC) Mid-Year Report Bolster’s Confidence
The mid-year shareholder report recently issued by the CEO of Uranium Energy Corp., Amir Adnani, focused largely on the company’s updated uranium production numbers and its continued strong financial position, though perhaps the biggest news was UEC’s first multi-year uranium sales contract.
The recently announced sales contract calls for the delivery of 300,000 pounds of U308 over a period of three years, beginning in August of 2011. The U308 will come from UEC’s fully operational Hobson processing facility, between Corpus Christi and San Antonio in southeast Texas, one of the few fully licensed and permitted processing plants in the U.S. The delivered price for the uranium will be based on the published market price indicators at the time of delivery.
Uranium production at UEC’s Palangana Project in south Texas, approximately 100 miles south of the Hobson production facility, has more than doubled quarter over quarter, while production costs have declined. The site has already produced roughly 100,000 pounds of U308, and production ramp-up will continue as additional Palangana areas come on line.
In the meantime, development work continues to move forward on schedule at the company’s other sites. UEC expects their Goliad ISR (In-Situ Recovery) Project to become its second uranium producing asset in south Texas, with construction commencing as soon as they get final approval of the site’s RMS (Radioactive Materials License). The company’s Salvo Project, also in south Texas, is now undergoing Phase II drilling to confirm the current Inferred Resource Estimate, with drilling to continue throughout the summer. And finally, exploration is expected to begin within 90 days at UEC’s Coronel Oviedo site in Paraguay, South America.
Given that UEC now has close to 100,000 pounds of U3O8 in inventory, at a low cash operating expense, they are well positioned to generate cash flow from operations in 2011, and anticipate that any production will be sold through a combination of spot market sales and long-term contracts to help stabilize sales points and pricing.
The report’s conclusion that UEC is ideally positioned to participate in the recovery of the uranium sector is easy to support, given the company’s lack of debt, its proven ability to identify and develop some of the best uranium properties in the continental U.S., its verified capacity to cost effectively mine and process its own uranium, and now the company’s first major sale.
For more information on UEC, visit www.UraniumEnergy.com
Uranium Energy Corp. (UEC) Completes Acquisition in Paraguay
U.S.-based Uranium Energy Corp. is an emerging uranium exploration, development and production company. The company recently announced that it completed the acquisition of a Paraguayan company which holds a 100% legal and beneficial interest in two unencumbered prospecting permits covering in total 247,000 acres located in the area of Coronel Oviedo in central Paraguay.
In order to complete the purchase, Uranium Energy has issued 225,000 restricted common shares. Once uranium is produced from the Coronel Oviedo Project, it will in addition pay a small royalty to the prior owner.
More of the uranium occurrences found on the property are ‘roll-front’ type deposits. These are similar to those currently producing uranium by low cost in-situ recovery methods in the western United States, central Asia and Australia. Prior to acquisition, Uranium Energy did have a company conduct an aquifer test as to whether the aquifer could sustain in-situ uranium recovery methods.
At present, Uranium Energy is preparing a geological model based on historical data for the property. The historical data is based on extensive uranium exploration by Anschutz Corporation between 1976 and 1983, and by Crescent Resources between 2006 and 2008. A total of 31 drill holes, out of 52, drilled by both companies showed significant uranium values. The known uranium mineralization indicated by the previous drilling occurred at depths between 450 and 750 feet. It also identified open-ended, tabular-like mineralization similar to that found at the company’s Goliad Project in Texas.
The company plans to pace its exploration program at Coronel Oviedo to be able to initiate an approximate 10,000 meter drilling program which is to occur during the third quarter of 2011. In order to support these operations in Paraguay, Uranium Energy has appointed Dr. Bernie Schmeling and Carlos Figueredo to a special advisory board.
Dr. Schmeling is a professional geophysicist, has more than 35 years’ experience in exploration and mining, and is internationally recognized as an expert in uranium in-situ mining. Mr. Figueredo has 25 years of experience in oil and mineral exploration in Paraguay. He formerly worked for Anschutz Corporation during its initial exploration efforts in the country and played a pivotal role in the earlier development of the Coronel Oviedo Project.
For more information on Uranium Energy Corporation, please visit the company’s website at www.uraniumenergy.com
D. Medical Industries Ltd. (DMED) Moves to Obtain CE Mark Approval for its Revolutionary Spring Zone Insulin Pump
D. Medical Industries, via its subsidiaries, is a constant innovator in cutting-edge medical devices sector for the delivery of diabetes treatments and other drugs. Today the Company announced submission of an application for CE Mark approval through its wholly owned Spring Health Solution Ltd subsidiary for the Spring™ Zone Insulin Delivery System.
The Spring Zone is a full replacement for generation one of the Company’s Spring ADI insulin pump and incorporates the proprietary Intellispring™ technology, resulting in vastly superior performance advantages in blockage, detachment direction, continuous insulin delivery checking and pressure/temp-related environmental adaptability. Also utilized in the product is the Company’s Total Line Control™ safety check system, resulting in full failsafe operability and offering what is arguably the safest and easiest means for reliably dispensing continuous, controlled and easily monitored insulin delivery.
COO at DMED, Hezkiah Tsoory, commented on the move for CE mark approval, explaining that, in addition to the EU’s 27 member nations, receipt of the CE mark will pave the way for market registrations in other regulated countries. Tsoory noted that among such countries are the Company’s five initial target markets for its pump products, namely Mexico and the BRIC nations.
The Spring Zone is the smallest, most lightweight insulin pump on the market today and offers an exceptionally quiet operational functionality, making it clearly superior to existing competition.
CCO for DMED, Zoe Myers, called the Spring Zone a hallmark of a new generation of diabetes support devices and explained that the elimination of the traditional motor and gear train in such pumps makes the Spring Zone more robust overall, with durability far exceeding anything else on the market.
The Company is also hard at work developing a single system which incorporates a continuous glucose monitoring system and an insulin pump.
Uranium Energy Corp (UEC) CEO Comments on Uranium Market
The long term fundamentals of the uranium market remains solid and robust despite the temporary dislocation in the market caused by the tragedy that occurred at the Fukushima nuclear plant in Japan.
These comments and other observations on the current state of the uranium market were released by Amir Adnani, the President and CEO of Uranium Energy Corp. (UEC), as part of the company’s midyear update.
Nuclear power generation is still the best solution to the energy needs of the world’s rapidly increasing population as the technology is low cost and does not generate harmful greenhouse gases. Although demand for uranium will be reduced due to the German plan to close its reactors by 2022, this capacity reduction will be offset by numerous expansion as many emerging economies see the value in nuclear generation.
China alone has 27 nuclear plants under construction and another 52 plants being planned. By 2020, China will have added five times the capacity that Germany is shutting down. More than 65 new nuclear plants are under construction and another 155 are in the planning stage worldwide.
This fundamental outlook on the uranium market by Uranium Energy Corp. is supported by current prices. The spot price of uranium is $54.50 per pound, still far above the $40 per pound at this time last year. The term price is $68 per pound, down only slightly from before the events at the Fukushima plant.
For more information on the company, go to www.uraniumenergy.com
Pfizer (PFE), Pain Therapeutics (PTIE) Receive Complete Response Letter from FDA for Pain Relief Candidate
Pfizer Inc. and Pain Therapeutics Inc. today announced they received word from the U.S. Food and Drug Administration (FDA) regarding the resubmission of a new drug application (NDA) for REMOXY® (oxycodone) Extended-Release Capsules CII.
REMOXY is an investigational extended-release oral formulation of oxycodone for the relief of moderate to severe pain.
In 2005, Pain Therapeutics signed an agreement with King Pharmaceuticals Inc. to develop and commercialize REMOXY. In 2008, Pain Therapeutics filed the initial NDA for REMOXY. The following year, King Pharmaceuticals assumed full control of drug development and filed a resubmission to the initial NDA in 2010.
Earlier this year, Pfizer acquired King Pharmaceuticals, thereby obtaining rights to REMOXY. The company is now working to respond and coordinate additional talks with the FDA.
“Pfizer is working to understand and address the issues in the FDA Complete Response Letter,” Olivier Brandicourt, Pfizer president and general manager of Primary Care stated in the press release. “Pain is an important strategic disease area for Pfizer. We share the concern about misuse and abuse of opioid medicines and are committed to being part of the solution to address this important public health and safety issue.”
For more information visit www.pfizer.com or www.paintrials.com
Scorpex, Inc. (SRPX) is "One to Watch"
Scorpex, Inc. is focused on becoming a leader of hazardous and toxic waste disposal in the Baja Mexico/California region where demand for waste management exceeds capacity. To date, the company has constructed a 10,000 square foot storage facility, water reservoir and septic system, sprinkler system, and security fence and is in the process of developing other necessary infrastructure on its 26-acre site.
Joseph Caywood is the founder of Scorpex International and has developed the project for several years. His efforts have included overseeing construction, land acquisition, site development, permit applications, governmental relations, and submitting focused studies and reports by experts in this industry. As a result of his efforts, Scorpex will have the only industrial waste processing facility of its kind in Baja Mexico.
The Mexican economy has experienced significant growth in the manufacturing sector over the past several years. This growth has been fuelled by the NAFTA treaty and investments from foreign national companies. The growth of both new and existing industries has dramatically increased the need for the disposal of industrial waste throughout Mexico, especially in the Baja California region.
The company's future expansion plans include constructing other strategically placed, specially designed, storage, recycling and disposal facilities in various locations throughout Mexico. All facilities will be designed specifically for the purpose of processing the nation's growing industrial waste, including materials that are classified as industrial, toxic, and hazardous.
Key Investment Highlights
Burgeoning Opportunities in Rapidly Growing Sector
Creating a Cleaner Environment for Surrounding Communities
Developing the Only Processing Facility of its Kind in Baja Mexico
Solid Business Strategy to Capitalize on Nationwide Demand
SRPX is "One to Watch"
Scorpex, Inc. is focused on becoming a leader of hazardous and toxic waste disposal in the Baja Mexico/California region where demand for waste management exceeds capacity. To date, the company has constructed a 10,000 square foot storage facility, water reservoir and septic system, sprinkler system, and security fence and is in the process of developing other necessary infrastructure on its 26-acre site.
Joseph Caywood is the founder of Scorpex International and has developed the project for several years. His efforts have included overseeing construction, land acquisition, site development, permit applications, governmental relations, and submitting focused studies and reports by experts in this industry. As a result of his efforts, Scorpex will have the only industrial waste processing facility of its kind in Baja Mexico.
The Mexican economy has experienced significant growth in the manufacturing sector over the past several years. This growth has been fuelled by the NAFTA treaty and investments from foreign national companies. The growth of both new and existing industries has dramatically increased the need for the disposal of industrial waste throughout Mexico, especially in the Baja California region.
The company's future expansion plans include constructing other strategically placed, specially designed, storage, recycling and disposal facilities in various locations throughout Mexico. All facilities will be designed specifically for the purpose of processing the nation's growing industrial waste, including materials that are classified as industrial, toxic, and hazardous.
Key Investment Highlights
Burgeoning Opportunities in Rapidly Growing Sector
Creating a Cleaner Environment for Surrounding Communities
Developing the Only Processing Facility of its Kind in Baja Mexico
Solid Business Strategy to Capitalize on Nationwide Demand
Uranium Energy Corp (UEC) CEO Comments on Uranium Market
The long term fundamentals of the uranium market remains solid and robust despite the temporary dislocation in the market caused by the tragedy that occurred at the Fukushima nuclear plant in Japan.
These comments and other observations on the current state of the uranium market were released by Amir Adnani, the President and CEO of Uranium Energy Corp. (UEC), as part of the company’s midyear update.
Nuclear power generation is still the best solution to the energy needs of the world’s rapidly increasing population as the technology is low cost and does not generate harmful greenhouse gases. Although demand for uranium will be reduced due to the German plan to close its reactors by 2022, this capacity reduction will be offset by numerous expansion as many emerging economies see the value in nuclear generation.
China alone has 27 nuclear plants under construction and another 52 plants being planned. By 2020, China will have added five times the capacity that Germany is shutting down. More than 65 new nuclear plants are under construction and another 155 are in the planning stage worldwide.
This fundamental outlook on the uranium market by Uranium Energy Corp. is supported by current prices. The spot price of uranium is $54.50 per pound, still far above the $40 per pound at this time last year. The term price is $68 per pound, down only slightly from before the events at the Fukushima plant.
For more information on the company, go to www.uraniumenergy.com
UEC CEO Comments on Uranium Market
The long term fundamentals of the uranium market remains solid and robust despite the temporary dislocation in the market caused by the tragedy that occurred at the Fukushima nuclear plant in Japan.
These comments and other observations on the current state of the uranium market were released by Amir Adnani, the President and CEO of Uranium Energy Corp. (UEC), as part of the company’s midyear update.
Nuclear power generation is still the best solution to the energy needs of the world’s rapidly increasing population as the technology is low cost and does not generate harmful greenhouse gases. Although demand for uranium will be reduced due to the German plan to close its reactors by 2022, this capacity reduction will be offset by numerous expansion as many emerging economies see the value in nuclear generation.
China alone has 27 nuclear plants under construction and another 52 plants being planned. By 2020, China will have added five times the capacity that Germany is shutting down. More than 65 new nuclear plants are under construction and another 155 are in the planning stage worldwide.
This fundamental outlook on the uranium market by Uranium Energy Corp. is supported by current prices. The spot price of uranium is $54.50 per pound, still far above the $40 per pound at this time last year. The term price is $68 per pound, down only slightly from before the events at the Fukushima plant.
For more information on the company, go to www.uraniumenergy.com
50 SMA is a crucial breakout point for UEC