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.
"DRLY News" Doral Energy Corp. to Acquire 6,800 Acres of Operated Producing Oil and Gas Assets Within the Permian Basin for $1.8MM
http://www.marketwatch.com/story/doral-energy-corp-to-acquire-6800-acres-of-operated-producing-oil-and-gas-assets-within-the-permian-basin-for-18mm-2010-05-20?reflink=MW_news_stmp
MIDLAND, Texas, May 20, 2010 (GlobeNewswire via COMTEX) -- Doral Energy Corp. /quotes/comstock/11k!drly (DRLY 0.03, 0.00, 0.00%) ("Doral" or "the Company") announced today that it has entered into a Letter of Intent to acquire 6,800 acres of operated producing oil and gas assets within Southeastern New Mexico for a total purchase price of $1,800,000. The acquisition consists of 15 leases currently producing approximately 54 BOPD (8/8ths) with Working Interests ranging from 37.9%-100% with associated Net Revenues ranging from 32.3%-87.5%. Current production is from the Permian Age, San Andres Formation, which produces at a depth of approximately 4,100 feet. This acreage sits adjacent to other San Andres production and offers Doral the ability to explore the possibility of both down-spacing, to exploit un-drained acreage, as well as to stimulate current producers in order to potentially increase production.
Management expects to enter into a definitive Purchase Sale Agreement on or before June 4, 2010 with an expected closing date of June 30, 2010. Doral intends to utilize a portion of its cash surplus from the closing of its Hanson Energy divestiture to fund this transaction.
Management Comments
E. Will Gray II, Chairman & CEO of Doral, states, "Management is pleased to announce to shareholders the Company's intent to acquire new reserves within the Permian Basin. We will be able to make this transaction with cash on hand, once our current divestiture has closed, and remain initially unleveraged on this acquisition. The ability to have no bank debt with cash on hand will be a strong positive for moving Doral into the next phase of its life-cycle." Mr. Gray further states, "It has been a difficult year for Doral but while many of our competitors were either forced into bankruptcy or foreclosed upon, Management has been able to position Doral from a potentially negative situation into one that remains to be potentially rewarding. It is this optimism that drives Management in its efforts in building an organization that can deliver future positive earnings as well as continue to acquire under-valued producing oil and gas assets within the Permian Basin."
"SKTO News" SK3 Group, Inc. Acquires Medical Tourism Firm
http://www.marketwire.com/press-release/SK3-Group-Inc-Acquires-Medical-Tourism-Firm-PINK-SHEETS-SKTO-1263175.htm
MIAMI, FLORIDA--(Marketwire - May 19, 2010) - SK3 Group, Inc. (PINK SHEETS:SKTO) has signed a definitive agreement with Healthcare of Today to acquire Premiere Medical Travel Corporation (www.premieremedicaltravel.com), a medical tourism consulting firm.
Premiere Medical Travel ("Premiere") provides foreign governments, high quality international health centers, and global healthcare facilitators with targeted industry research services, analysis, consultation, and insight into the mind of medical travel consumers in the US market. Industry analysts forecast that, by 2014, the global spend in Medical Tourism will exceed $14 Billion. These figures were recently validated in a PMTC proprietary research project. The study revealed that 47% of US consumers responded positively when asked if they would consider traveling internationally for healthcare services.
Premiere's unique consumer-oriented approach builds upon proprietary research to enable established organizations to develop comprehensive messaging strategies and reach consumers directly to increase awareness of their medical services. Moving away from insurance-centricity, Premiere's model allows clients to accurately align their products and services with consumer demand, using predictive models and quantifiable analysis to bring a more systematic approach to their business growth strategy.
Marc LeShay, President of Premiere Medical Travel Corporation says, "Medical Tourism is a modern healthcare reality; we [Premiere] are very proud to be positioned to add this piece of the puzzle to Healthcare of Today. Conversely, their vertically integrated healthcare system represents an enormous resource that Premiere is excited to offer to our clients. The possibilities are endless."
Premiere's leadership features an elite team of professionals, representing US healthcare, Fortune 500 corporations, and academic institutions. Premiere's services provide the client with unparalleled insight into their opportunities within the medical tourism market while providing US healthcare consumers with groundbreaking medical care and expanded choices. Premiere is the latest addition to Healthcare of Today's services portfolio. SK3 Group and parent company Healthcare of Today have announced that SK3 Group will serve as the healthcare services, facilities, education and health plan holding portfolio for Healthcare of Today. SK3 Group recently applied to change its name to Healthcare of Today Services, pending FINRA approval.
Healthcare of Today CEO Henry Jan says, "We look forward to supporting the work Premiere is doing to create a more efficient global healthcare marketplace, and we will benefit from their executives' insight into the international dynamics of the healthcare market to help us determine how we can best provide for patients here and around the world."
DMXC News" Induced Polarization Survey Begins on Delta Mining and Exploration's Delcer Buttes Gold/Copper Property
http://www.marketwire.com/press-release/Induced-Polarization-Survey-Begins-on-Delta-Mining-Explorations-Delcer-Buttes-Gold-Copper-1263124.htm
LEWISBURG, KY--(Marketwire - May 19, 2010) - Delta Mining & Exploration (PINKSHEETS: DMXC) ("Delta") is pleased to announce that Gradient Geophysics has commenced the 2nd round of exploration work on the Delcer Buttes Property, in Elko County, Nevada.
After successful completion of the magnetometer survey this past month in which several anomalies were indentified, including a magnetite rich zone approximately 1 kilometer in length trending towards the west in the northern portion of the property, Gradient Geophysics has started collecting additional data on Delcer Buttes through an Induced Polarization ("IP") survey.
The IP will provide a method in testing for sulfide mineralization -- often associated with mineralized skarn. Areas of pyrite, chalcopyrite, bornite, and pyrrhotite -- sulfides often associated with gold and copper mineralization -- will be delineated using the IP method.
In addition, the resistivity part of IP will provide a mapping tool for the project area for determining rock units and faults as well as a 3-Dimensional sampling tool, on a large scale, for detailed mineral exploration. The combined results of the magnetometer and IP surveys will be followed up on the ground by mapping and sampling. The survey should take roughly a month to complete, and once the results are known they will be made public.
Delta Mining & Exploration, www.deltamine.com, is an emerging exploration company locating mineral and precious metal deposits in the mining rich regions of North America. The Company currently owns mineral rights to land in central Montana as well as the rights to 31 claims on 680 acres in Elko County, Nevada.
"OPMG News" Options Media Completes Initiatives for Vitamin Water(R) Promotion Featuring Kobe Bryant
http://www.marketwatch.com/story/options-media-completes-initiatives-for-vitamin-waterr-promotion-featuring-kobe-bryant-2010-05-19?reflink=MW_news_stmp
BOCA RATON, FL, May 19, 2010 (MARKETWIRE via COMTEX) -- Options Media Group Holdings, Inc. /quotes/comstock/11k!opmg (OPMG 0.03, 0.00, 0.00%) , a growing force in mobile marketing and mobile social media today announced it has recently completed the hosting of a promotion for the Vitamin Water(R) brand featuring Kobe Bryant. Through the promotion, members of the public were able to send a text message to win a chance to win a VIP invite to a basketball viewing party at ESPN Zone in Los Angeles. Options Media Group successfully executed the promotion of the contest, which closed on May 13th.
"The Vitamin Water promotion is representative of the many types of new promotions we are handling for our growing client base. While we have recently entered in the market for promotions via social networking and into the fast growing mobile phone applications market, our traditional e-mail and SMS business remains quite healthy and continues to provide high gross margins. We plan to remain in a growth phase relative to this business line as we begin to move into the social media and cell/smart phone application business, both of which are already beginning to show strong promise."
Options Media Group recently announced the acquisition of PhoneGuard entering the mobile and smart phone application market. PhoneGuard is the exclusive licensee for the United States and Canada of software which safeguard cells and smart phones from the ever increasing risk posed by hackers and cyber criminals. The PhoneGuard anti-virus product is powered by technology provided by NetQin Tech Co., the incontestable worldwide leader in mobile security, including mobile antivirus, anti-harassment, and privacy protection with tens of millions of current subscribers in more than 200 countries and regions. In addition to anti-virus and anti-malware software, Options Media Group also acquired PhoneGuard's rights to a state-of-the-art product that, when installed on a mobile device, prevents the user from texting while driving.
"DFCO News" Dalrada March 10-Q: Revenue Increases 770% Reduces Liabilities in Excess of 25%
http://www.prnewswire.com/news-releases/dalrada-march-10-q-revenue-increases-770-reduces-liabilities-in-excess-of-25-94242459.html
SAN DIEGO, Calif. May 19 /PRNewswire-FirstCall/ -- Dalrada Financial Corporation: (Pink Sheets: DFCO) announced today that it has filed its form 10-Q ending March 2010. The filing provides shareholders with current information and shows both an increase in revenue of about 770 percent and a debt reduction of approximately 30 percent.
Brian Bonar, Dalrada's Chief Executive Officer said, "We have been working with our creditors and are pleased with being able to reduce corporate debt by about $4 million. We look forward to working with the remaining senior lenders and believe our revenue stream will enable us to settle, restructure or extinguish debt and assist the company in pursuing key acquisitions within our multi-billion dollar industry. This is yet another significant step forward as we continue to transform our business, attract and retain talented people, and seize opportunities to grow."
"SLRW News" Solarbrook Water & Power Adds AquaClens to Its Product Line
http://www.earthtimes.org/articles/show/solarbrook-water-amp-power-adds-aquaclens-to-its-product-line,1306886.shtml
CARY, NC -- 05/19/10 -- Solarbrook Water & Power Corporation, Inc. (PINKSHEETS: SLRW) a developer, manufacturer and marketer of water quality and clean power products, is pleased to announce the addition of a new Pitcher Filtration System to our product line that will be marketed under the AquaClens™ name. Action Universal Corporation (AUC), a Chinese company located in Hong Kong, who signed a licensing agreement with Solarbrook Water & Power in March of this year, put this new product together and will be distributing it throughout Asia and the US.
The new Pitcher Filter has already been successfully test marketed in Taiwan. Its clean-cut design and quality have received an enormous amount of positive feedback.
The packaged product will contain a 60-day cartridge along with the pitcher, which will feature a new device that measures the volume of water used/filtered verses the typical counter showing the "number of days" a cartridge has been in use. So, households using/filtering a less amount of water will know exactly how long the life of the cartridge can be extended (maximizing the use of the cartridge) and a household using/filtering more water will know exactly how soon the cartridge will need to be replaced (ensuring the filter is not over used and water is properly filtered).
"This is such a milestone for our company," commented George Moore, CEO of Solarbrook Water & Power. "We are extremely pleased with AUC's commitment to developing this new product and getting it ready for the market so quickly."
The Pitcher will officially be launched into the Asian market within the next couple of months and will be ready to make its debut into the US market by late September or earlier October.
"UYMG News" Unity Management Group Inc. Elects to Further Reduce Their Authorized Shares
http://www.earthtimes.org/articles/show/unity-management-group-inc-elects,1306882.shtml
MIAMI, FL -- 05/19/10 -- Unity Management Group Inc. (PINKSHEETS: UYMG), a Health Resource Company specializing in Physician and Hospital Practice Management, Medical Discount Plans, Business Services, Billing Software and Technologies.
Unity Management Group Inc. is pleased to announce that its Board has agreed to again retire and eliminate 140,000,000 shares from its treasury of authorized shares, which was 240,000,000. The new amount of authorized shares is 100,000,000. The Company's share structure will now be 100,000,000 authorized and 87,035,620 outstanding, with corrected 43,439,460 in the float.
"We are continuing our efforts to stick to our plan of structuring out this Company for the benefit of its Shareholders and Investors, keeping them priority one," said Alex Berkovich, President of Unity Management Group Inc., "and keeping to our strict plans for the future of UMGI."
"We will be able to fast track our whole operation with this additional venture," said Alex Berkovich, President of Unity Management Group Inc. "To bring this kind of talent and with the years of collective experience in the healthcare field together is incredible. There is no value you can put on this."
We feel that this is one more important step in the longevity and the growth of the company. For more information please go to our website which can be found at www.unitymanagementgroup.com
Share structure:
100,000,000 million authorized
87,035,620 million issued and outstanding
43,439,460 million float
Unity Management Group, a health resource company, will continue to provide innovative physician practice management services that offer high value and significant return on investment for physicians' practices and hospitals through its three subsidiary companies: United Healthcare Solutions Inc., Unity Technologies Inc., and United Business Services Inc.
"IGNT News" Ingen Captured the Show as Best Product Featured at Medtrade-Spring Conference
Ingen at Reflex Point Looking at $200M in Sales in High Growth Medical Market
http://www.globenewswire.com/newsroom/news.html?d=192284
YUCAIPA, Calif., May 19, 2010 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT), a medical device manufacturer with an emerging new medical product line for the $4 billion U.S. and $8 billion global respiratory market, today announced their success from MedTrade-Spring last week in Las Vegas, NV.
The MedTrade theme was focused on home health care and home medical equipment (HME). As Ingen's product was a featured display in the New Product Pavilion, hundreds of professionals came by the Ingen booth to discuss distribution opportunities, purchases and demonstration of the new Smart Nasal Cannula with Oxyview technology.
MedTrade is the largest home medical equipment event in the western US, where top names in the HME industry and new exhibitors, such as Ingen, bring new products that serve patients better. Industry-leading manufacturers with years of service to HME providers roll out the best of the best at Medtrade-Spring. Ingen networked with distributors, exhibitors, homecare providers, and many unique investors during the conference from May10th-13th.
The company expects a massive national and global distribution program over the next 2 months as it prepares back-orders for export sales.
"According to many of the professionals who came by the Ingen booth, the Smart Nasal Cannula had the most 'sex-appeal' of any product at the MedTrade exhibit. Ingen Technologies is pleased to have been labeled as a 'new product' exhibitor in Las Vegas last week during the MedTrade conference. Staff attended the booth and demonstrated our product to hundreds of professionals. We attended scheduled meetings with distributors and home medical equipment manufacturers who greatly expressed interest. We have quotes out for $400,000 in product, and will update shareholders on product sales over the next few weeks as results come in. The show was so successful; we registered for the MedTrade-Fall conference scheduled in Atlanta-Georgia on November 15, 2010," stated Scott R. Sand, Chief Executive Officer and Chairman of the Board.
"TMRK News" Terremark Continues Accelerated Growth at NAP of the Capital Region
Company Acquires Additional Land Adjacent to Current Datacenter Campus
http://www.marketwatch.com/story/terremark-continues-accelerated-growth-at-nap-of-the-capital-region-2010-05-19?reflink=MW_news_stmp
MIAMI, May 19, 2010 (BUSINESS WIRE) -- --Contracted Space Increases to More Than 65 Percent of Available Datacenter Space, Including Recently Launched Third Facility
Based on the extraordinary success and continued rapid growth of its customer base at the Network Access Point (NAP) of the Capital Region, Terremark Worldwide, Inc. /quotes/comstock/15*!tmrk/quotes/nls/tmrk (TMRK 7.71, -0.31, -3.87%) , a leading global provider of managed IT infrastructure services, today announced it has acquired 27 acres of land directly adjacent to its datacenter campus. The $5-million land acquisition provides Terremark the ability to add at least 250,000 square feet of high-quality datacenter space and close to 100,000 square feet of Class A office space, effectively doubling the size of the campus. As a result of recently securing large customer contracts for services delivered from the NAP of the Capital Region, more than 65 percent of the campus' available datacenter space is currently contracted, including the newly launched third datacenter. The company expects to begin customer deployments in this datacenter during the third quarter of Terremark's fiscal year 2011.
The powerful combination of Terremark's innovative suite of solutions, in particular its ultra-secure colocation services and revolutionary Enterprise Cloud product, along with the massive connectivity offered through the NAP of the Capital Region's multiple global carrier networks has been a key driver in the expansion of the campus. As a result of the compelling value proposition offered by this combination, Terremark continues to sign contracts with various federal government customers and global enterprises for services to be delivered from the campus.
"With the outstanding success and explosive growth of the NAP of the Capital Region, acquiring the land adjacent to the existing campus was a vital step in securing our position to continue meeting the strong demand for Terremark's services among federal customers and large multinational companies," said Manuel D. Medina, Terremark's Chairman and CEO. "Our ability to secure contracts for a significant percentage of our existing datacenter space so quickly is a testament to the unique ecosystem of highly secure, top-quality solutions that are ideally suited to meet the needs of large organizations pursuing datacenter consolidation and other IT projects to drive greater efficiencies in their systems."
Terremark's NAP of the Capital Region campus, from which the company offers its complete suite of IT solutions, including its Enterprise Cloud, colocation, managed hosting, disaster recovery/COOP and secure information services, is designed to exceed federal government standards for data communications and hosting sites, as well as meet the needs of power, space and bandwidth-intensive mission-critical applications and hot/warm sites for disaster recovery/COOP environments. Along with the world-class datacenter facilities at the campus, which is strategically located 60 miles outside Washington, D.C. in Culpeper County, Va., Terremark recently unveiled a 72,000-square-foot headquarters building that features a 150-seat auditorium built to the federal government's Physical Security Standards for Sensitive Compartmented Information Facilities (SCIF) and approximately 50,000 square feet of Class A office space that can be built to SCIF specifications in order to meet customer demands.
"LVWD News" Brands Can Build Customer Relationships on Facebook With LiveWorld’s Facebook Forum 2.0
Full-Featured Forum Application With Moderation Creates Genuine Conversational Experience
http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100519005672&newsLang=en
SAN JOSE, Calif. & NEW YORK & LONDON--(BUSINESS WIRE)--LiveWorld (OTC Pink Sheets:LVWD.PK) just made it easy for brands to achieve true customer engagement by bringing lively, multi-level conversations right to their Facebook pages – complete with rich media options as well as LiveWorld’s gold-standard moderation tools. LiveWorld’s Facebook Forum 2.0, launched today, lets brands get conversations going by offering fans a way to have actual conversations with each other, check out a variety of topics at a glance, include photos and videos in their posts, and use viral features that extend conversations right to a fan’s news feed and out to all their friends.
“Brands are quickly heading to Facebook’s 500 million-member universe, but just having a Wall presence isn’t enough to attract and retain customers”
“Brands are quickly heading to Facebook’s 500 million-member universe, but just having a Wall presence isn’t enough to attract and retain customers,” said Peter Friedman, LiveWorld’s Chairman and CEO (@peterfriedman). “Text-only posts that are in a long list format and random in their organization don’t engage fans in conversations and don’t give the brand a way to focus the discussion. LiveWorld’s Facebook Forum solves this problem by bringing depth of engagement and moderation to a brand’s page in ways that were previously unavailable on Facebook.”
Facebook Forum 2.0 provides:
Seamless Facebook Integration: Facebook Forum resides on a brand’s apps tab. Features include direct linking to the user’s Facebook profile, publishing a user’s posts to the brand’s Wall and publishing the user’s posts to his or her Facebook Activity Feed -- which in turn spreads out to the user’s friends, with links back to the brand’s page. The page can be presented in the brand’s graphical look and feel or native Facebook look.
Power Moderation: Facebook Forum includes LiveWorld’s high-speed moderation tools, enabling brands to manage their pages and present a clean well-lighted place for users. These tools filter language and then enable moderators to review, approve and reject user content (text, photo, video) at high speed, with specialized management tools, process flow and reporting. Content can be pre-screened or reviewed after posting. Troublesome users can be blocked and the system includes anti-spamming features. Moderation Services are available from LiveWorld’s best-in-class trained moderation team, or the brand itself can use the tools to moderate.
World-renowned for its online community moderation tools and services, LiveWorld currently moderates over two million posts a month and has delivered over 1 million moderation hours for global brands. Moderation services for Facebook are available in 70 country/language combinations.
In-depth Reporting: Facebook Forum includes data warehouse metrics well beyond basic Facebook reports.
LiveWorld’s Facebook Forum 2.0 is available now. For more information and a video demo, visit http://www.liveworld.com/solutions/facebook-forum-widgets.html
Check out screen shots of LiveWorld’s Facebook Forum 2.0 here: http://www.liveworld.com/news/facebook-livebar-download.html
"BLTI News" BIOLASE Announces Multiple Allegations in Recent Lawsuit Are Dropped
http://www.marketwatch.com/story/biolase-announces-multiple-allegations-in-recent-lawsuit-are-dropped-2010-05-19?reflink=MW_news_stmp
IRVINE, CA, May 19, 2010 (MARKETWIRE via COMTEX) -- BIOLASE Technology, Inc. /quotes/comstock/15*!blti/quotes/nls/blti (BLTI 1.62, -0.12, -6.90%) , the world's leading dental laser company, today announced that Discus Dental, LLC and Zap Lasers, LLC filed a First Amended Complaint related to their ongoing lawsuit against BIOLASE, pending in the United States District Court for the Central District of California. The Amended Complaint, which the plaintiffs filed after BIOLASE threatened to file a motion to strike with the Court, dropped the allegation of fraud, as well as certain allegations related to the claims for trademark infringement and unfair competition.
David M. Mulder, Chief Executive Officer of BIOLASE, stated, "We are very pleased that the Plaintiffs dropped their unjustifiable allegations, which we always felt were inappropriate and worthy of being stricken from the complaint. This serves to validate the fact that we run a reputable, professional business that continues to maintain a leadership role in the dental laser industry."
In addition to dropping the fraud allegation, the plaintiffs made other changes that significantly narrowed their lawsuit, including clarifying that the plaintiffs are not alleging that BIOLASE has committed any trademark infringement, apart from the trade dress claim that is merely based on the shape of the BIOLASE iLase(TM), the world's first truly portable laser.
Mulder continued, "We are encouraged that the plaintiffs took other steps to narrow their claims against the Company. And we will continue to vigorously defend the Company in this lawsuit. We cannot and we will not allow any company or person to cast doubt on our Company or our mission."
"ENG News" ENGlobal Announces Gas Storage Contract Award
East Cheyenne to Provide Almost 19 Billion Cubic Feet (Bcf) of Natural Gas Storage
http://www.marketwatch.com/story/englobal-announces-gas-storage-contract-award-2010-05-19?reflink=MW_news_stmp
HOUSTON, May 19, 2010 (GlobeNewswire via COMTEX) -- ENGlobal /quotes/comstock/15*!eng/quotes/nls/eng (ENG 2.92, -0.03, -1.02%) , a leading provider of engineering and related project services, announced today that it has been selected by Merchant Energy Partners, LLC ("MEP"), a private natural gas storage developer based in Denver, Colorado, to provide front-end engineering and design services for Phase One of the East Cheyenne Gas Storage Project located in Logan County, Colorado (the "East Cheyenne Project").
ENGlobal has been engaged to design facilities associated with approximately 9.7 Bcf of storage capacity, including engineering and procurement services. The contract scope includes a compressor station, a gas processing facility, gathering lines, pipeline interconnects, and a metering station.
Construction of the East Cheyenne Project, which is estimated to have a total installed cost of $90 million, is expected to begin in June 2010 and to be completed by September 2011. The total contract value of the first phase of the project was not disclosed.
William Harnisch, Senior Vice President -- Engineering and Project Development and Partner of MEP, said, "The East Cheyenne Project, with total project acreage of approximately 6,000 acres, is needed to provide natural gas storage to meet anticipated market demand throughout the Midwest and Western United States. Once complete, the storage areas would have a total working gas inventory of approximately 18.9 billion cubic feet (Bcf). We are looking forward to working closely with ENGlobal as we begin the first phase of this very important project."
Edward L. Pagano, Chief Executive Officer of ENGlobal Corporation, stated, "We are pleased to be working on Phase One of the East Cheyenne Project. ENGlobal has extensive experience providing cost effective project solutions for natural gas pipeline and storage facilities, with a full suite of services that includes feasibility studies, facility design, material procurement, construction management, right-of-way acquisition, permitting and inspection. We would like to thank MEP for its confidence in our pipeline expertise."
"SSGI News" SSGI Announces the Acquisition of B&M Construction Co., Inc.
http://www.prnewswire.com/news-releases/ssgi-announces-the-acquisition-of-bm-construction-co-inc-94107739.html
WEST PALM BEACH, Fla., May 18 /PRNewswire-FirstCall/ -- SSGI, Inc. (OTC: SSGI) today announced the recent acquisition of B&M Construction Co., Inc., a construction company headquartered in Lakeland, Florida, that specializes in the design, construction and maintenance of retail petroleum facilities. Through the acquisition, SSGI also acquired a 70% interest in Willis Electric, L.L.C. Willis, also headquartered in Lakeland, Florida, is an electrical contractor specializing in "big box" retail installations.
In connection with the acquisition, three senior executives and former shareholders of B&M – Phillip Lee, William Denmark and Evan Finch – joined the executive management team of SSGI.
"We are delighted to announce this acquisition," said Larry Glasscock, SSGI's newly appointed President and Chief Executive Officer. "Adding B&M greatly increases SSGI's market share, revenue production, and cash flow from operations. The combination also expands existing operations in 13 additional states. Phillip Lee, Billy Denmark and Evan Finch bring strong experience and demonstrated success to the SSGI team. The company will certainly benefit from their leadership and ongoing contributions."
Former B&M President, Chief Executive Officer and majority shareholder, Bobby L. Moore, Jr., added: "I believe the combination of SSGI, B&M and Willis is one that will benefit the customers and employees of B&M and positions SSGI for great success. I look forward to continuing my relationship with the company as a significant owner of SSGI shares." Mr. Moore will assist in the transition as a consultant to SSGI.
"SAFS News" Safer Shot, Inc. Moves Ahead Reduces Outstanding Debt
http://www.marketwatch.com/story/safer-shot-inc-moves-ahead-2010-05-18?reflink=MW_news_stmp
NEW YORK, May 18, 2010 (GlobeNewswire via COMTEX) -- Safer Shot, Inc. (Pink Sheets:SAFS) is improving its overall financial status as it moves forward to production. It has commenced the reduction of outstanding liabilities, which were in the form of accrued liabilities and financing notes. To date, a significant $425,000 has been settled, restructured or is pending completion, and more is expected to be retired soon.
This advancement will enhance the Company's financial position, improve cash flow and provide a pathway to profitability.
"We are pleased to be in the position to move forward with further development and marketing of Safer Shot's proprietary non-lethal weapon technology now that the Technology Transfer agreement is completed and most of the outstanding debt is eliminated. The improved balance sheet makes our company more attractive to partners, new business opportunities and significant investment," said John Lund, President.
The overall market for the Company's products is very large indeed and the Safer Shot technology is a significant improvement on the present state of non-lethal weapon usage. Non-Lethal munitions applications can be used by military personnel and law enforcement officers to apply the minimum force necessary while performing missions of crowd control and area security, for example. These devices will aid military forces/commanders in situations of hostage rescue, capture of criminals, terrorists, or control of other adversarial persons. The components are specifically designed and primarily employed to incapacitate personnel or material, while minimizing fatalities or permanent injury to intended targets and collateral damage to property and the environment. The non-lethal weapons field is a $5 billion industry, and the Company is confident that "Bouncer"(TM) will prove to be a premier product in this market.
"AEHI News" Alternate Energy Holdings, Inc. Signs Exclusive Deal With China Supplier to Market World's First Large Commercial Nuclear Desalinization Reactor
Partnership to Result in Cleanest, Most Efficient, Most Cost-Effective Producer of Potable Water and Electricity
http://www.marketwatch.com/story/alternate-energy-holdings-inc-signs-exclusive-deal-with-china-supplier-to-market-worlds-first-large-commercial-nuclear-desalinization-reactor-2010-05-18?reflink=MW_news_stmp
BEIJING, May 18, 2010 (GlobeNewswire via COMTEX) -- Alternate Energy Holdings, Inc. /quotes/comstock/11k!aehi (AEHI 0.51, 0.00, 0.00%) today announced the company's official partnership through AEHI China with China National Nuclear Corporation (CNNC), through its subsidiary China Zhongyuan Engineering Corporation (CZEC), to produce and market nuclear desalinization reactors at the international level.
The product will be the largest, cleanest, most efficient, most cost-effective converter of salt water to drinking water on the market and will be available to order in the summer of 2010. It will be advertised under the name "Green World Water(TM)".
The reactors that power these units come in 650 and 1,100 MWe sizes and can be tailored to produce water and electricity at a desired ratio. The designs are very safe, as they evolved originally from Westinghouse designs currently operating in the U.S., and were further evolved by the French before being built in China.
The partnership and reactor design was an idea by AEHI CEO Don Gillispie, who began working with CNNC's subsidiary on the project more than a year ago. While there have been some small units built in Asia, mostly for domestic consumption, a larger commercial version was not readily available to the world.
"I had the idea many years ago to build and market a desalinization unit powered by a commercial nuclear reactor, but when I first met with CNNC, the design was still in my head, so I sketched it onto a piece of paper. Since then, it has evolved into a design that can solve water problems around the globe. This is something I'm very proud of knowing it can help millions of people gain access to clean, potable water," said Don Gillispie, AEHI CEO.
Several countries have already begun contacting Gillispie about the desalinization reactor, and AEHI hopes to have several projects underway within a year.
"These deals are huge for AEHI, but they will also provide a tremendous benefit for many developing countries as over three billion people, half the world's population, don't have clean drinking water, according to National Geographic Magazine. These reactors will solve water issues, but they can also create needed power and produce thousands of jobs where they are desperately needed," said Gillispie.
"AGT news" Apollo and Linear Announce Combined Entity to be Named Brigus Gold Corp. Following Closing of Proposed Merger
http://www.marketwatch.com/story/apollo-and-linear-announce-combined-entity-to-be-named-brigus-gold-corp-following-closing-of-proposed-merger-2010-05-18?reflink=MW_news_stmp
DENVER & HALIFAX, Nova Scotia, May 18, 2010 (BUSINESS WIRE) -- Apollo Gold Corporation /quotes/comstock/11t!apg (CA:APG 0.35, 0.00, 0.00%) /quotes/comstock/14*!agt/quotes/nls/agt (AGT 0.33, 0.00, -1.28%) ("Apollo") and Linear Gold Corp. /quotes/comstock/11t!lrr (CA:LRR 1.80, 0.00, 0.00%) ("Linear") announce a new corporate identity and name, Brigus Gold Corp. ("Brigus Gold"), which is expected to take effect following the closing of their proposed business combination (the "Merger"), subject to applicable respective shareholder approvals.
Pursuant to a definitive agreement executed by Apollo and Linear announced on April 1, 2010, Apollo and Linear agreed to the Merger by way of a court-approved plan of arrangement. The Merger is expected to close by the end of June 2010, subject to customary closing conditions, including receipt of all necessary regulatory, court and shareholder approvals.
As a part of the Merger, Apollo and Linear believe that it is in the best interests of the combined company to effect a name change and to undertake a share consolidation on the basis of one post-consolidation combined entity common share for every four Apollo common shares outstanding immediately prior to the share consolidation. The trading ticker symbols for the combined entity on the TSX and NYSE Amex will be announced in due course.
The proposed share consolidation and name change will be submitted to the Apollo shareholders for approval at the shareholder meeting to approve, among other things, the issuance of 5.4742 Apollo common shares for each common share of Linear and other matters relating to the Merger and would only be effective upon the closing of the Merger. If approved by the Apollo shareholders, the proposed share consolidation would affect all combined entity shareholders uniformly. After giving effect to the Merger and the consolidation, Linear shareholders will receive approximately 1.37 combined entity shares for each Linear share on completion of the Merger (5.4742 divided by 4).
Wade K. Dawe, Chief Executive Officer and President of Linear, who is slated to become CEO and President of the combined entity, said, "We are proud to unveil Brigus Gold to Apollo and Linear shareholders to help brand a unique, strong and dynamic mid-tier gold investment vehicle of choice for new and existing shareholders. We plan to develop Brigus Gold into Canada's next mid-tier gold producer based on our outlook for increased gold production and resources. We believe that Brigus Gold represents a solid platform for growth in shareholder value based on: (i) growing production and cash flow from the Black Fox Mine; (ii) an excellent development pipeline of projects in low-risk operating jurisdictions; (iii) a strengthened balance sheet that positions the company to capitalize on development and exploration opportunities; (iv) a strong management team with development, operational and financial expertise and (v) improved access to the capital markets and enhanced trading liquidity."
The combined entity will focus on optimizing its key Black Fox gold operations (mine, mill and adjoining Pike River and Grey Fox properties) in the Timmins gold mining district in Ontario and advancing to production the Box deposit at the Goldfields property in Saskatchewan. The combined entity will also continue to strategically advance its Ixhuatan and Huizopa gold projects in Mexico.
Both the proposed share consolidation and name change must be approved by at least two-thirds of the votes cast at the Apollo Meeting.
Each of Apollo and Linear has called for their respective shareholder meetings to be held on June 24, 2010, with a record date for each meeting established as May 25, 2010.
"ZAAP News" New Lithium Battery and Management System Doubles Range of ZAP Electric Cars
A Smart, Lighter Weight Alternative for ZAP Consumer and Fleet Vehicles Worldwide
http://www.marketwatch.com/story/new-lithium-battery-and-management-system-doubles-range-of-zap-electric-cars-2010-05-18?reflink=MW_news_stmp
SANTA ROSA, Calif., May 18, 2010 (BUSINESS WIRE) -- Electric vehicle pioneer ZAP /quotes/comstock/11k!zaap (ZAAP 0.39, 0.00, 0.00%) has begun shipping lithium battery systems for various models of its electric cars, trucks, vans and scooters, offering at least four times the life of standard lead-acid batteries and twice the driving range. The new battery system is the first turnkey, drop-in replacement battery system that fits in the same space as the G-31 lead acid batteries used in many of ZAP's vehicles, equipped with a BMS (battery management system) that increases reliability and extends range.
The lightweight lithium battery system is used in the ZAP Alias, allowing it to drive up to 100 miles on a single charge. In China, ZAP's new fleet vehicles use a similar system for its electric taxis and corporate vehicles based on the Jonway A380 SUV. A sub-chassis array of more than 100 battery cells is networked with an electronic monitoring system, ensuring that temperature and voltage of each cell are in balance and that electricity is automatically rerouted should any of the cell voltages change.
Available as an upgrade for some ZAP vehicles, the new lithium battery systems provide a significant value for customers by improving performance and offering a significantly longer lifespan. ZAP estimates lead-acid batteries have 300-500 cycles of discharging and recharging, compared to 2,000 cycles for lithium. Customers should see improved acceleration and handling of their vehicles with the lighter-weight, higher-voltage batteries. ZAP designed the lithium battery system to recharge overnight from any 110 outlet, just like a cell phone, or faster using a 220-volt recharging station.
"VSPC News" VIASPACE Completes Acquisition of Inter-Pacific Arts
http://www.prnewswire.com/news-releases/viaspace-completes-acquisition-of-inter-pacific-arts-94092029.html
Increases Ownership of VIASPACE Green Energy to 75.6%
Former Controlling Shareholder of Inter-Pacific Arts Joins VIASPACE Board of Directors
IRVINE, Calif., May 18 /PRNewswire-FirstCall/ -- VIASPACE Inc. (OTC Bulletin Board: VSPC), a clean energy company growing Giant King™ Grass as a low-carbon, renewable energy crop, today announced the completion of the acquisition of Inter-Pacific Arts (IPA), a subsidiary of VIASPACE Green Energy (VGE). The acquisition was approved by the VIASPACE board of directors at a meeting on May 13, 2010, and documents were signed on May 14, 2010.
VIASPACE Chief Executive Dr. Carl Kukkonen stated: "We are pleased to bring the acquisition to completion. With the acquisition behind us, we can increase focus on expanding the Giant King Grass business as well as IPA's framed art business. I am also looking forward to providing updates on our renewable energy business, including progress with Giant King Grass plantings, crop status, our first energy product for the biomass market, and the status of our discussions and negotiations with potential customers."
Under terms of the acquisition, which involved an exchange of shares, VIASPACE issued 241,667,000 shares of newly issued common stock of VIASPACE to Mr. Sung Hsien Chang, the former controlling shareholder of IPA and a VGE shareholder; his family members; and a company controlled by Chang. In exchange, VIASPACE received VGE common stock and now holds 6,506,000 shares, or 75.6%, of VGE's outstanding common stock. Chang controls 4.7% of VGE's outstanding common stock, with the remaining VGE stock held by unaffiliated shareholders. Chang also received one share of VIASPACE Series A preferred stock that gives him 50.1% of common stock voting rights subject to cancellation when certain conditions are met.
Also under terms of the acquisition, Chang has been appointed to the board of directors of VIASPACE and may designate up to two appointees to the board. As board member Mr. Amjad Abdallat resigned from the board effective May 14, 2010, the board currently remains at five directors, of which three are independent, outside directors.
Included in the acquisition terms, the $4.8 million plus interest note, issued in 2008 by VIASPACE to Chang, has been converted to a $5.3 million five-year note at 6% annual interest payable in five equal annual payments. The new principal amount of $5.3 million represents the original $4.8 million plus interest accrued through May 14, 2010.
VIASPACE will continue to manage its renewable energy and IPA operations through VGE. Dr. Carl Kukkonen will continue to serve as chief executive of VIASPACE and VGE, Mr. Stephen Muzi will continue to serve as chief financial officer of both companies, and Chang will continue as president of VGE.
The parties entered into additional agreements addressing security and pledges for the promissory note, registration rights, employment agreements and other items. Details of these agreements, the terms mentioned in this release, and other information are included in the Company's Form 8-K filed on May 18, 2010, with the U.S. Securities and Exchange Commission.
"CLDR News" Cloud Centric Systems, Inc. Subsidiary Receives Purchase from Prestigious UK Accounting Firm
http://www.prnewswire.com/news-releases/cloud-centric-systems-inc-subsidiary-receives-purchase-from-prestigious-uk-accounting-firm-94091779.html
Twelve Month Contract signed
LONDON, May 18 /PRNewswire-FirstCall/ -- Cloud Centric Systems, Inc. (Pink Sheets: CLDR) is pleased to announce that the Company's wholly owned subsidiary, VClouds, Ltd., has received a purchase order through its distribution channel partner Netmetix, Ltd. The contract is with Burgis & Bullock, a prestigious accounting and business advisor firm in the United Kingdom for the Advanced Mail Utilities product, powered by the VClouds email engines.
Burgis & Bullock is a regional practice of chartered accountants and business advisers. For over 100 years they have been tending to the needs of various businesses, financial companies and individuals. They provide a personal, partner led service by a team of specialists with an abundance of industry knowledge. The company currently has offices, which are based in Leamington Spa, Nuneaton and Rugby. Burgis & Bullock has built a significant client base across the globe.
Two-thirds of all corporate knowledge is exchanged over basic email, often in plain text. Since email is considered a legal corporate business record businesses are starting to take steps toward securing all electronic communications. Businesses realize that the consequences of not having email security can be dangerous to their organization. According to the Radicati Group's study, the worldwide email market will grow from 1.2 billion mailboxes in 2005 to 2.1 billion mailboxes in 2010.
"This purchase order from Netmetix Ltd. is the key to VClouds and we look forward to helping them to continue penetrating into the accounting and financial advisory market in the UK," stated David Lovatt, President and CEO of Cloud Centric Systems, Inc. "We are pleased to announce yet further revenue growth as we build strong relationships with our distribution partners."
The Company recently announced that both of its wholly owned subsidiaries EnableTS, Ltd., and VClouds, Ltd. have signed agreements with Netmetix, Ltd., who is a Microsoft Certified Gold Partner. Under this agreement Netmetix will sell and distribute products from EnableTS and VClouds. Some of Netmetix's key customers include Aeroflex, Burgis & Bullock, Biddle Climate Solutions, and Greenray Group. Netmetix has a significant and loyal client base that purchase services ranging from software and hardware supply, to Disaster Management, including Backups and Security.
"BONU News" BioNeutral Group Signs Agreement to Acquire Steri-7
Combined Product Formulations to Offer an Intergraded Disinfecting Solution for International Distributors, Health Care Providers, Industrial and Institutional Customers, and Consumers
http://www.marketwatch.com/story/bioneutral-group-signs-agreement-to-acquire-steri-7-2010-05-18?reflink=MW_news_stmp
NEWARK, N.J., May 18, 2010 (BUSINESS WIRE) -- BioNeutral Group, Inc. /quotes/comstock/11k!bonu.e (BONU 0.54, 0.00, 0.00%) , a specialty chemical technology-based life science company, announced today the signing of an agreement to acquire all of the shares of Steri-7, a UK manufacturer and supplier of proprietary formulations in the disinfectant and cleaning field with sales in Europe and the Middle East. Steri-7 and BioNeutral technologies offer consistent performance claims for worldwide solutions in the health care and related fields. The parties hope to finish documentation by the end of May and close by the end of July. Terms and conditions are being held confidential.
Steri-7 has sales of approximately one million pounds for this fiscal year and currently offers products for the hospital, nursing home, physician office, police department and equine market in the UK and Europe. Sales have commenced utilizing some of the largest distributors on the continent. Steri-7 and BioNeutral technologies are designed to meet health regulatory requirements in all major markets around the world, offering opportunities and solutions for international distributors to maintain consistent claims and market more effectively.
Jim Fraser, CEO of Steri-7 said: "We are concentrating on Europe and the Middle East, with the best formulations on the market. Our business is growing very fast and it will be exciting to serve large international distributors with an intergraded product line. Bioneutral technology will open up the US and related markets with an overall product line that will create a large successful company."
Nick Sayer, Managing Director Worldwide for Steri-7 said: "7 is approved by the NHS here in the UK and our distributors are doing quite well with our products. Our Steri -- 7 line shows sporicidal results for up to 7 days and we are excited about the prospects of becoming the gold standard in the industry. We just launched our new Equine product line in the US. It works well enough for the Queen's horses and the Aga Kahn as their stables now use Steri-7."
Andy Kielbania, Chief Scientist for Bioneutral, said: "Both of the technology platforms, BioNeutral and Steri-7, can jointly help us create a class of super-products that vastly outperform competing products on the market."
Stephen J. Browand, President and CEO for Bioneutral, said: "This acquisition is designed to produce technologies that can give rise to even better products in the future, while meeting the two regulatory systems--those in the US and the UK--that are adopted by most countries of the world. Large players in the health care and related markets are global, and we believe that this combination of products will be very appealing to a wide range of customers."
"RIGH News" RightSmile(R) Announces Completion of Its Dental Grade Whitening Gel Line DentiGel
A Market Worth Over $10,000,000 Annually
http://www.marketwatch.com/story/rightsmiler-announces-completion-of-its-dental-grade-whitening-gel-line-dentigel-2010-05-18?reflink=MW_news_stmp
PORT ST. LUCIE, FL, May 18, 2010 (MARKETWIRE via COMTEX) -- RightSmile, Inc. (PINKSHEETS: RIGH) (www.RightSmile.com) the leader in Cosmetic Laser Teeth Whitening has publicly announced the final development of its state of the art Dental Grade Teeth Whitening Gel Formula. Product and marketing information will soon be available via www.DentiGel.com which RightSmile recently acquired.
"With just a modest market penetration of 1% of the total available Dentists in the US in the first year, we can anticipate sales revenue well north of $10,000,000, assuming as few as only six whitening sessions per week per professional are done," indicated, Mr. Caiazzo, President, RightSmile, Inc.
RightSmile(R) has acquired the website www.DentiGel.com as part of its marketing strategy to expand into multiple vertical teeth whitening markets. DentiGel will provide dental grade whitening products designed exclusively for Dentists. The Kaiser Family Health Foundation estimates there is available market of over 230,000 Dentists in just the US as of 2008. DentiGel provides the solution to the major challenges of cost, time and tooth/gum sensitivity caused by procedures offered by many competitors. DentiGel revolutionizes dental teeth whitening by allowing dental professionals to deliver a cost effective, painless and time saving procedure at a fraction of the cost offer by others. DentiGel products will allow the dental professional to compete favorably with take-home and other office-based solutions.
"DentiGel will allow dental professionals to dramatically reduce costs and time commitments required for current whitening solutions, thereby increasing the incidence of in-office whitening as much as 10 fold or more. The DentiGel system is designed to eliminate custom tray molding and gel dosing, as well as difficult storage methods required for today's products. The DentiGel product revolutionizes in-office whitening; it allows dental support personnel, under the guidance of a licensed dental professional, to swiftly and safely complete a whitening session," further said, Mr. Caiazzo.
"KKUR News" ChromoCure Joins Walgreens in Widespread Testing Strategy Through International Partnership and Distribution Networks
http://www.marketwire.com/press-release/ChromoCure-Joins-Walgreens-Widespread-Testing-Strategy-Through-International-Partnership-1262119.htm
LONDON--(Marketwire - May 18, 2010) - ChromoCure, Inc. (Genome Research Group, Inc.) (PINKSHEETS: KKUR) continues to expand its comprehensive global Testing Strategy in response to increased genetic research and as Walgreens begins selling individual mail-in genetic testing kits in 7,500 of their retail locations nationwide. Walgreens' program, together with the worldwide increase in medical genome research, are in response to overall medical and personal interest in chromosomal imbalance or aneuploidy as a cause of cancer.
The Company's cancer detection technology is based on the chromosomal theory of cancer. Research has conclusively and irrefutably demonstrated aneuploidy a more accurate predictor of cancer than cytological/histological analysis or genetic marker-based diagnostics that are the only other methods in existence today. The Company's cancer detection system locates and measures unique genomic characteristics found in 100% of all cancers and never found in normal cells. The Company's detection technology has an effective 100% accuracy rate and an effective 100% specificity therefore making "false positives" and "false negatives" theoretically impossible.
The Company recently announced the addition of Full Spectrum ChromoSomal Scan Capability for Broad Base Cancer Progression Assessment: Further Enhancing Detection & Progression Monitoring. These new capabilities allow for comprehensive DNA-index quantification and precise measurement of chromosomal imbalance ratios and amounts; thereby providing increasing value of vital cancer progression analysis data for the precise assessment remission rates and protocol efficacy in the Company's expanded Therapeutic Research initiatives worldwide.
This announcement, together with the recently announced Clinical Testing and Trials for its landmark ChromoSomal Scanning Technology as applied to cervical cancer and the Euro Zone launch of its Pathologist Collaborative Research (PCR) Program in support of the groundbreaking Project Boveri: Find the Cure Initiative, further establishes the Company's leading role in the new era of cancer research, detection, and therapy, as the companies leverage their combined technologies, research knowledge and industry relationships.
The Company possesses advanced detection and therapeutic technology and protocols, comprised of ChromoCure's advanced detection system and GRG's full line of therapeutic protocols and technology; allowing for the first time real-time progression monitoring and remission detection -- providing the world's first cure research fully integrated system for the precise measurement of treatment and on-demand, real-time cancer progression analysis to monitor and determine treatment efficacy.
As a result of the recent merger and acquisition of Genome Research Group, the combined entity possesses complementary detection and therapeutic technology and protocols.
The Company's focus on cancer research is further underscored by recent major clinical publications that both validate ChromoCure's chromosomal/aneuploidy theory of cancer and establish the company's detection approach as the forefront of both cancer detection and research. The Mayo Clinic's recent landmark findings confirming aneuploidy as the cause of cancer were published in the December 2009 Cancer Cell journal. This publication has spurred increased worldwide research by a number of respected research universities and institutions, all of which have published similar reports in 2010.
The Company believes its technologies provide the foundation for significant advances in diagnosis, therapy and cure. Shareholders can expect further updates on research and testing collaborations, laboratory partnerships, and research initiatives.
Management believes these initiatives to be of significant long-term shareholder value and furthers the Company's transition to research, technology development, and licensing as a source of significant long-term and recurring revenues and equity appreciation.
"MDIN News" Med Gen Inc. Completes Acquisition of Distribution Company
http://www.prnewswire.com/news-releases/med-gen-inc-completes-acquisition-of-distribution-company-94087189.html
HOLBROOK, N.Y., May 18 /PRNewswire-FirstCall/ -- Med Gen Inc. (Pink Sheets: MDIN), today announced that it has completed the asset acquisition of TSM Holdings, a book distribution company that sells various types of books through partnerships with amazon.com, barnesandnoble.com, and other additional popular outlets. The company has been renamed Global Media Online, Inc. and is now a wholly owned subsidiary of Med Gen Inc.
"We basically bought a scalable infrastructure that offers us a steady revenue stream and predictable profit margins to offset the variable and cyclical revenue of the Business Brokerage. TSM has all the features necessary for us to make an affordable acquisition that can be ramped up very quickly," stated Raymond Barton, Med Gen Inc.'s CEO.
Med Gen Inc. entered into a lease agreement and has taken possession of an approximately 2000 sq. ft. warehouse just a mile from the corporate offices to accommodate the expected rapid increase of the currently modest inventory of Global Media Online, to a considerably larger amount. The company plans to increase Global Media Online's 5000 titles to as much as 100,000 titles in the very near future. The company is also considering the distribution of other items such as DVD's, electronics and toys.
Further details will be covered in the company's financial filings as soon as they become available. Investors are encouraged to visit the CEO's Blog and company message board at www.medgeninc.com for future news and information regarding the company's progress.
Med Gen Inc. is a next generation holding company aimed at dominating several industries and diversifying it's holdings through acquisition and revenue generating subsidiaries. The company currently runs NorthStar Business and Property Brokers, Inc. a wholly owned subsidiary in the Business Brokerage industry.
"FIGI News" Fortress International Group Subsidiary Selected for U.S. Department of Defense Project
Total Site Solutions to Provide Construction and Design Services for Large-Scale Federal Initiative
http://www.marketwatch.com/story/fortress-international-group-subsidiary-selected-for-us-department-of-defense-project-2010-05-18?reflink=MW_news_stmp
COLUMBIA, MD, May 18, 2010 (MARKETWIRE via COMTEX) -- Fortress International Group, Inc. (PINKSHEETS: FIGI), a provider of consulting and engineering, construction management and 24/7/365 site services for mission-critical facilities, today announced that its subsidiary, Total Site Solutions, has been awarded a contract with an international consulting firm, for work primarily in support of the United States Department of Defense and associated agencies.
The $10 million Blanket Order Agreement contract encompasses architectural, engineering, and construction support services for a broad variety of minor to major repair, modification and rehabilitation, as well as alterations and new construction projects. Work on this contract commenced in the second quarter of 2010.
"We are pleased that TSS has been selected for this significant project and honored to be working with the prime contractor on one of the largest federal design and construction initiatives ever," said Gerard Gallagher, Fortress' President and COO. "This contract award came as a result of our experience and capabilities in Technology Consulting, Engineering, Construction and Facilities Management, as well as our long-standing relationship with the prime contractor. We have worked with these DoD agencies on multiple projects over the last several years, and are proud that they have again recognized our technical capabilities and expertise in working with mission critical facilities. Given the prime contract is for a five-year duration, we are confident our contract will also extend beyond 2010. We also believe Fortress is well positioned to secure additional business from this customer as subsequent project phases are initiated. We are already receiving task orders and look forward to continuing work on these new projects."
"IWEB News" IceWEB Announces Receipt of Over $400,000 in New Orders
http://www.prnewswire.com/news-releases/iceweb-announces-receipt-of-over-400000-in-new-orders-94084809.html
Company Nearing Non-GAAP Profitability
STERLING, Va., May 18 /PRNewswire-FirstCall/ -- IceWEB™, Inc. (OTC Bulletin Board: IWEB), www.IceWEB.com, a leading provider of Unified Data Storage and building blocks for cloud storage networks, announced today that the Company has received orders totaling more than $400,000 in one day. The revenue was generated by multiple partners and is expected to ship in the current quarter.
John R. Signorello, CEO of IceWEB, stated, "Our channel partners are gaining momentum which is beginning to translate into revenue. We are going to continue to sign committed partners that are going to be productive. Our goal is to sign quality partners that can produce revenue results. We are committed to our plan to continue to build out our intellectual property, grow our worldwide channel sales program and increase revenue to achieve an annual run rate of $25 million by the end of fiscal 2011."
Mark B. Lucky, IceWEB CFO noted, "The Company is beginning to hit on all cylinders. We are nearing profitability in the current fiscal year and are looking forward to increasing revenue and net income. Now that we have eclipsed the $1 million mark in quarterly revenue, the next benchmark is $5 million in quarterly revenue. We have been able to assemble a world-class team and sign up key value-added partners, while keeping our overhead low. We realize there are going to be bumps in the road, but right now we are seeing significant positive signs."nt positive signs."
"VIDA News" Vidaroo Corporation Files Quarterly Report for the Fiscal Period Ended March 31, 2010; Results Include 577% Increase in Revenue and 792% Increase in Operating Margin
http://www.globenewswire.com/newsroom/news.html?d=192174
ORLANDO, Fla., May 18, 2010 (GLOBE NEWSWIRE) -- Vidaroo Corporation (OTCBB:VIDA), an innovative video technology company offering an Online Video Platform, video production and online video advertising, has filed its 10-Q Quarterly Report for the fiscal period ended March 31, 2010. http://finance.yahoo.com/q/sec?s=vida.ob
Mark Argenti, CEO, Vidaroo Corporation states, "This is an unprecedented time for the Company, as we experienced growth in each of our three business units during the past quarter. The combination of a growing revenue base combined with the launch of our new brand and marketing interface at www.Vidaroo.com has created a very exciting environment from which to drive future growth."
Tom Moreland, CFO, Vidaroo Corporation, notes, "We are pleased to see strong growth in Revenue combined with ongoing strength at the Operating Margin line. Building business with strong margins is a top priority for our management team."
"APCX News" AppTech Signs International Translation Agreement with Wizzard Media for iPhone App Sales in 71 Countries
http://www.prnewswire.com/news-releases/apptech-signs-international-translation-agreement-with-wizzard-media-for-iphone-app-sales-in-71-countries-94071509.html
HOUSTON, May 18 /PRNewswire-FirstCall/ -- AppTech Corp. (Pink Sheets: APCX) www.apptechglobal.com announced today that its subsidiary, AppTech Global, Inc., has completed a Letter of Intent with Wizzard Media (NYSE/AMEX: WZE) to provide multi-language translations for Wizzard's existing English language iPhone applications, currently being sold in 71 countries throughout the world.
"The initial focus of our agreement will be to translate iPhone applications for Mexico and the South American markets into Spanish and Portuguese. We believe these markets have the highest immediate revenue potential for both Wizzard Media and AppTech," said Sean Connolly, Vice President of AppTech Global.
"GBOE News" GeoBio Energy, Inc. Hires Financial Advisory Firm to Update SEC Filings and Prepare for Audits of Proposed Acquisitions
http://www.marketwatch.com/story/geobio-energy-inc-hires-financial-advisory-firm-to-update-sec-filings-and-prepare-for-audits-of-proposed-acquisitions-2010-05-18?reflink=MW_news_stmp
SEATTLE, May 18, 2010 (GlobeNewswire via COMTEX) -- GeoBio Energy, Inc. (Pink Sheets:GBOE) ("GeoBio"), announces its engagement of Turning Point LLC to (i) prepare GeoBio's financial statements, (ii) update GeoBio's SEC filings and (iii) support the audits of GeoBio's two previously announced acquisition targets in the natural gas and oil services industry. Turning Point, based in Bellevue, WA, has worked with GeoBio in the past, and provides CFO Advisory services, SEC filings for public companies, audit preparation and support, M&A due diligence and preparation, litigation support, valuation analysis and other financial support services.
In addition, GeoBio is in the process of retaining an experienced PCOAB qualified accounting firm in Seattle to review and audit the SEC filings, which will bring GeoBio current in its 1934 Exchange Act disclosure obligations, and to perform the audits on the two target acquisitions. The firm is expected to be retained next week.
Both firms will perform their work under the direction of Douglas A. Daniel, Senior Vice President of Corporate Development and Finance. "Both Doug and I are very pleased to have two very qualified firms to bring the company current and complete the audits of our two acquisitions," said GeoBio's incoming CEO, John Sams. "We look forward to completing this work expeditiously, closing the acquisitions on a timely basis and moving forward with our business integration and planned growth strategy."
"UNXL News" Uni-Pixel Announces UniBoss(TM) Embossing Technology Company's New Process Enables High Speed, Low-Cost Production of Printed Electronic Devices
http://www.marketwatch.com/story/uni-pixel-announces-unibosstm-embossing-technology-2010-05-18?reflink=MW_news_stmp
THE WOODLANDS, TX, May 18, 2010 (MARKETWIRE via COMTEX) -- Uni-Pixel, Inc. /quotes/comstock/11k!unxl (UNXL 0.23, 0.00, 0.00%) , a development and production stage company delivering its Clearly Superior(TM) performance Engineered Films to the lighting & display, solar and flexible electronics market segments, today unveiled UniBoss(TM), a unique embossing technology that enables high-speed, low-cost production of printed electronic devices. In addition, the technology eliminates the need for photolithography or screen printing typically required to produce fine line conductors for rigid and flexible electronic devices.
Potential applications for UniBoss include the production of transparent electrically conductive grids or patterns that can be used for capacitive and resistive touch and multi-touch displays. In addition, the process can be used to fabricate both flexible and rigid printed circuit boards, RFID antennas, as well as transparent electromagnetic Interference (EMI) and radio frequency interface shielding films.
UniPixel plans to initially target UniBoss for the touch panel market, which DisplaySearch forecasts to grow from $3.6 Billion in 2008 to $9 Billion in 2015, with capacitive touch seeing a 27% CAGR over the same period and reaching $4.2 Billion.
"UniBoss is a cost-effective, viable replacement option for ITO-based touch screens," noted Robert Petcavich Ph.D., UniPixel's Chief Technology Officer and Senior Vice President. "There have been many attempts to replace ITO with limited success, but UniBoss offers the first truly viable, robust, low-cost alternative to ITO in display transparent touch screen applications."
Petcavich added, "UniPixel believes that by using its fine-line UniBoss electrodes in touch screen applications, we can increase the touch response speed and accuracy, as well as reduce the power requirements of current ITO-based systems."
UniPixel is currently scaling up the process for full scale production and plans to have pilot production quantities of UniBoss available by Q3'10. The company will showcase the benefits of its UniBoss technology during SID Display Week 2010, to be held May 24-28 in Seattle, Wash. in a private technology suite off the show floor.
UniPixel Presentations at SID Display Week 2010 In addition to its private meeting room, UniPixel executives will be speaking during the following sessions during SID Display Week:
"ITO-Less Touch Screen Electrodes" Robert Petcavich Ph.D, UniPixel's Chief Technology Officer and Senior Vice President Future of Touch & Interactivity Session, SID Market Focus Conference Series Thursday, May 27 at 3:25 p.m. Washington State Convention Center
"Theory, Design and Production of Fingerprint-Resistant Films for Touch-Enabled Displays" Robert Petcavich Ph.D, UniPixel's Chief Technology Officer and Senior Vice President Poster Session P182 - Touch Technology Thursday, May 27 from 4:00 - 8:00 p.m. Exhibit Hall 4A within the Washington State Convention Center
"Ink-Jet Printing for Selective Conductor Patterning for Displays and Flexible Printed Circuits" Ram Ramakrishnan, Ph.D., UniPixel's Director of Materials Poster Session 70.3 - Flexible Display Manufacturing II Friday, May 28 from 9:40 - 10:00 a.m. Room 608-610 within the Washington State Convention Center
Companies interested in scheduling a meeting with UniPixel during SID Display Week should contact Robert Petcavich, Ph.D. at 281-825-4500 or via e-mail at rpetcavich@unipixel.com
Media and investors interested in seeing UniBoss and demonstrations of Uni-Pixel's latest technology developments of its Clearly Superior(TM) Performance Engineered Films for other applications such as lighting and display, solar and flexible electronics market segments, should contact:
MEDIA: INVESTORS:
Uni-Pixel, Inc. Public Relations: Uni-Pixel, Inc. Investor Relations:
Stacey Voorhees-Harmon Laura Guerrant-Oiye
SAVVY Public Relations Guerrant Associates
Phone: 925-336-9592 Phone: 808-882-1467
E-mail: stacey@savvypublicrelations.net E-mail: lguerrant@guerrantir.com
"EZEN News" Air Force Renews Licensing Agreements With Ezenia! Inc.
http://www.prnewswire.com/news-releases/air-force-renews-licensing-agreements-with-ezenia-inc-93923614.html
NASHUA, N.H., May 17 /PRNewswire-FirstCall/ -- Ezenia! Inc. (OTC Bulletin Board: EZEN), a leading market provider of real-time collaboration solutions for corporate and government networks and eBusiness, has received two renewal orders from the Air Force, totaling approximately $1M in license royalties for the Ezenia flagship product line, InfoWorkSpace, for continued support of Air Force Warfighters.
These licenses are employed within the Combatant Commands Air, Space and Coalition Air Operation Centers (AOC) and support Air Force Reserve (AFR) and Air National Guard (ANG) sites throughout the world. For the fifth year running, these awards allow the Warfighters to take advantage of the secure communication, conferencing, and collaboration capabilities found within Ezenia's InfoWorkSpace product line to deliver real-time information sharing, provide situational awareness, and perform command and control activities.
"Both contracts dovetail nicely with the training services and field engineering support awards previously announced, as we have the Central Command (CENTCOM) Coalition AOC in Qatar, the Air Force Space Command's Space Operations Center on Vandenberg AFB, CA, Combined AOC-X and 710th AFR Unit at Langley AFB, VA, 701st AFR Unit at March AFB, CA, 157th ANG Unit at St Louis, MO and the 112th ANG at State College, PA to upgrade and train," commented Keith Baron, Vice President of Customer Assistance & Field Support. "The licenses are truly cost-effective, allowing up to 36,000 Warfighters per day, or 12,000 per shift, to have differing levels of interaction and/or receive multimedia briefings, all at the same time," further noted Mr. Baron. "With a minimal investment of a few dollars per month per user, Warfighters across the Air, Space, Combined or Coalition Operations Centers have, at their disposal, the flexibility and freedom to leverage their knowledge base as they interconnect with each other around the globe, either within an AOC or across all AOCs via federation capability."
The AOC's continued support of InfoWorkSpace further demonstrates Ezenia's exceptional performance in secure information-sharing solutions and customer service. "Our first sales execution pillar is to build from the existing customer base within the Department of Defense," said Rene Rodriguez, Vice President of Government Business. "With strengths in scalability, security, persistent multi-user chat, and real-time conferencing, InfoWorkSpace continues to be the clear choice. As current and potential customers factor in the products extreme cost effectiveness, we expect to expand the footprint of InfoWorkSpace across multiple government agencies."
"VIIC News" Vision Industries and Burtek, Inc. to Enter Into Teaming Agreement
http://www.marketwatch.com/story/vision-industries-and-burtek-inc-to-enter-into-teaming-agreement-2010-05-17?reflink=MW_news_stmp
LOS ANGELES, May 17, 2010 /PRNewswire via COMTEX/ -- Vision Industries Corp. /quotes/comstock/11k!viic (VIIC 0.23, 0.00, 0.00%) , producers of zero emission electric/hydrogen hybrid trucks, is pleased to announce that it has signed a letter of intent with Burtek, Inc. to enter into a teaming agreement regarding Burtek's representation and/or production of Vision's hydrogen fuel cell-related products for the U.S. defense market. The Vision products under consideration for this teaming agreement include Class 8 hydrogen fuel cell trucks; its mobile synthetic hydrogen fuel generation system; and platform, trailer and other vehicle platforms with hydrogen fuel cell power trains as they are made commercially available by Vision.
"Consider the fact that a full 80 percent of all United States Marine Corps fatalities occur in convoys; 40 percent of which are primarily involved in the transport of both water and fossil fuels," said Dr. James I. Finley, President and Chief Executive Officer of Burtek. "Reducing or eliminating the need to transport fossil fuels and water further entrenches the value of the hydrogen-fuel solution in saving American lives."
Of the agreement, Martin Schuermann, President and CEO of Vision stated, "We are excited about the prospect of working with a company that has proven itself to be very successful in the military marketplace. The U.S. Marine Corps Systems Command is currently soliciting demonstration projects for its experimental, forward operating base exhibit at the Marine Corps Base in Quantico, VA. Burtek will secure a two-week exhibit of our hydrogen fuel generation and class 8 truck at Quantico and related exhibits in the Washington, DC area this fall."
About Burtek, Inc.
Burtek, Inc. is a wholly-owned subsidiary of Rabintex Industries Ltd. Burtek, headquartered in Chesterfield, MI, specializes in the design, manufacture, testing and system integration of complex and customized military mobile ground systems such as radar systems, ground vehicles, shelters and trailers. For more information on Burtek, Inc., please visit www.burtekinc.com.
About Vision Industries Corp.
Vision is a developer of zero emission electric/hydrogen hybrid powered vehicles and turnkey hydrogen fueling systems. Vision's proprietary electric/hydrogen hybrid drive system combines the superior acceleration of a battery powered electric vehicle with the extended range provided by a hydrogen fuel cell. Vision uses major manufacturers as partners or sub-contractors to produce its vehicles. This business approach avoids massive outlays of startup capital. Many regional, state and federal alternative energy programs in the form of grants, subsidies, tax credits and loans exist or are planned. For more information on Vision Industries Corp., please visit www.visionindustriescorp.com
"STTN News" Smart-Tek Solutions, Inc. Increases Revenues 240% vs. 2009
http://www.marketwatch.com/story/smart-tek-solutions-inc-increases-revenues-240-vs-2009-2010-05-17?reflink=MW_news_stmp
NEWPORT BEACH, Calif., May 17, 2010 /PRNewswire via COMTEX/ -- Led by its Smart-Tek Automated Services subsidiary, Smart-Tek Solutions, Inc. /quotes/comstock/11k!sttn (STTN 0.36, 0.00, 0.00%) reported a revenue increase of 240.2% in its most recently filed Form 10-Q for the nine-month ended March 31, 2010. During that same period Smart-Tek's gross profits were $2,610,359--more than quadruple the $614,348 gross profits during the comparative period in 2009. Smart-Tek Automated Services, Inc., which generated $568,959 net income in for the Quarter ending March 31, 2010 alone, accounted for 51.2% of the company's gross profit and 53.6% of its total revenues during the most recent three quarters.
Smart-Tek Automated Services is capitalizing on rising demand in the Professional Employer Organization (PEO) business, which it officially entered in August 2009. PEOs enable companies to outsource back-office operations such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative tasks. The company also offers a variety of staff leasing, temporary staffing and co-employment solutions.
The past few months have included numerous significant achievements in the company's growth strategy. In April, the Company announced that it had completed business licensing and registration requirement in 33 new states, with the goal of doing so throughout the continental U.S. to handle multistate clients. (The Company already has the ability to sell workers' compensation insurance in the Lower 48.) Other recent positive news included signing an agreement to provide PEO services to a national staffing firm, representing approximately $30 million in annual gross billings, as well as announcement of plans to capitalize on the booming China market with dedicated operations located in Hong Kong. The new office exposes the company to the influx of multinationals with a presence in Asia as well as the 800 million Chinese work force.
"Our increase in sales activity is due, in part, to the demand for better human resource (HR) outsourcing solutions from small to medium sized business owners," said Brian Bonar, Smart-Tek Solutions CEO. "I expect continued growth in our business segment and believe we are poised to establish ourselves as an industry leader in the human resource outsourcing industry in 2010."
The reported financial results exceeded the Company's forecasts released for the comparative reporting period. "While I am optimistic about the future, we are continuing to evaluate our growth potential in the near and long-term future and expect to release additional forecasts this summer," Bonar said.
Complete financial statements (unaudited) with notes thereto are provided with the Company's Form 10Q filed with the Securities and Exchange Commission.
www.smart-tekservices.com
"GFGU News" New Getfugu CEO Rich Jenkins Reveals Submission of iPad Version of Next Generation Search Application
http://www.marketwatch.com/story/new-getfugu-ceo-rich-jenkins-reveals-submission-of-ipad-version-of-next-generation-search-application-2010-05-17?reflink=MW_news_stmp
WEST HOLLYWOOD, CA, May 17, 2010 (MARKETWIRE via COMTEX) -- Getfugu /quotes/comstock/11k!gfgu (GFGU 0.02, 0.00, 0.00%) , the next generation mobile search tool, today announced that its unique "See It, Say It, Get It" technology has been submitted to Apple as an application for the iPad, which, when approved, will enable users to immediately locate, compare price, get directions to the nearest point of purchase, and buy the object or service they're looking for.
Getfugu's latest version includes many enhancements, including a new user-friendly interface, a choice of several search engines at source, improved voice recognition and a variety of new features utilizing augmented reality and GPS mapping. The application will be able to be accessed through the iTunes store and the Getfugu website, titled Getfugu 3GS.
Jenkins said, "The new code provides a level of functionality unrivalled on the market today. We have greatly improved all facets of the product and simultaneously introduced several new functions. We have introduced our own proprietary database, which has direct access to nearly 40,000 zip codes. This gives us the ability to promote and manage our keyword sales function without having to rely on external non-generic databases. Additionally, we have dramatically improved our voice recognition, image recognition and augmented reality functionality. This is the forefront of mobile search."
Jenkins further adds, "In conjunction with this release we are launching a new user-friendly WAP site which will enable advertisers who do not have their own website to create their own customized promotional material. Retailers of any size will be able to create exactly what they want their customers to see, without the expenditure usually associated with conventional consumer advertising."
Carl Freer, Getfugu president, remarked of co-founder and now Chief Executive Officer, Rich Jenkins: "Rich's contributions to the rapid growth of our Company highlights the significant role he has played since our inception. His thorough knowledge of our technology, coupled with his astute business development abilities will see us through the current phase of producing revenue into a global position as the most novel and complete search application in the mobile universe."
"HEB News" Hemispherx Biopharma Prepares Application to Initiate Phase II Clinical Trials in China With Ampligen(R)
http://www.foxbusiness.com/story/markets/industries/health-care/hemispherx-biopharma-prepares-application-initiate-phase-ii-clinical-trials/
PHILADELPHIA, May 17, 2010 (GlobeNewswire via COMTEX) ----As part of its expanding international program Hemispherx Biopharma, Inc. (NYSE Amex:HEB), (the "Company"), announced an agreement with Fountain Medical Development Ltd., a leading Chinese clinical research organization (CRO) to prepare, file and gain approval from the authorities in China to conduct a study of Ampligen, an investigational therapeutic. Ampligen(R) is a member of a new class of antivirals/ immuno-potentiators with broad spectrum therapeutic properties. Hemispherx plans to investigate the experimental therapeutic for potential treatment of seriously ill hospitalized flu patients, many with underlying respiratory conditions. The proposed study will determine the extent to which their clinical parameters return to normal more rapidly with potential shortening of their hospital stay relative to patients treated only with placebo plus the existing "standards of care". Hemispherx has engaged Fountain with a plan to initiate this study during next year's flu season in various parts of China.
Influenza is a serious world wide health threat producing significant debilitation and death rates in individuals with compromised pulmonary functions and/ or immuno-compromised conditions.
According to a recent Tufts University New Release (April 15, 2010) reporting on U.S. flu activity across the nation, 10.5% of the 9.7 million hospitalizations in elderly patients that occur annually were due to pneumonia and influenza. The researchers studied intensity of flu by extracting information from 248,889 Medicare and Medicaid hospitalization records from 1991 through 2004.
This agreement with Fountain Medical Group follows last month's entering a definitive contract with Max Neeman, a major India-based CRO, to conduct similar trials in India using Alferon N in severely ill patient populations.
"PBEC News" Pacific Blue Energy Corp. Acquires Modeling Software for Photovoltaic Projects
http://www.marketwatch.com/story/pacific-blue-energy-corp-acquires-modeling-software-for-photovoltaic-projects-2010-05-17?reflink=MW_news_stmp
PHOENIX, May 17, 2010 /PRNewswire via COMTEX/ -- Pacific Blue Energy Corp. /quotes/comstock/11k!pbec (PBEC 1.15, 0.00, 0.00%) , a publicly traded developer of renewable energy projects, today announced that it has implemented an economic and financial analysis tool specifically designed for wholesale solar Photovoltaic projects. The Competitive Energy Insight, Inc. (CEI) software is suited to perform competitive project and market evaluations of projects in order to utilize Investment Tax Credits and Renewable Energy Credits, as well as complex partnering and financing arrangements.
Pacific Blue Energy Corp. will utilize the software to verify participants in each proposed project, with a focus on ensuring their financial stability. And, it will help management analyze a greater number of potential projects in a shorter period of time - helping to fast track the development process and evaluate the potentials for strong financial returns.
Joel Franklin, the Chief Executive Officer of Pacific Blue Energy Corp., says, "This software will make our operating systems more efficient by dramatically reducing the hours spent evaluating financials and qualifying projects."
PBEC is currently using the software to review potential projects in Arizona, where the company is based and has begun its renewable energy development efforts.
"The software allows us to analyze a system from many different angles - including those involving partnering, joint ventures, renewable energy credits and all of the different aspects that go along with financial equity and debt," Franklin adds. "This will allow us to do many more projects and feel more confident about the potential results."
Among other options, the software allows the user to better determine which portions of debt and equity to take in each project, and how those decisions will affect partnerships and joint ventures. It also includes an option that will help determine how projects may affect stock prices.
"This is one of the most sophisticated programs that I have ever seen," Franklin concludes. "Among other advantages, it will help us progress more quickly as we develop our renewable energy portfolio."
"BLVI News" Black Art Beer Launches New Product in the Energy Category
Premier German Importer to Expand Sales and Product Line
http://www.marketwire.com/press-release/Black-Art-Beer-Launches-New-Product-in-the-Energy-Category-1261141.htm
FORT LAUDERDALE, FL--(Marketwire - May 17, 2010) - Black Art Beverage Inc. (PINKSHEETS: BLVI) proudly announced today that they have entered into a national distribution agreement with T-20 Sports Energy Drink USA LLC, a Florida based Beverage Company with corporate offices in Boca Raton, Florida.
"Black Art Beer is now distributor for the new T-20 Sports Energy Drink. We will use all of our distribution channels to swiftly move this great product into the marketplace. It has been reported that shot sales could reach $700 million this year, nearly double last year's $370 million," said Moses Cross, CEO of Black Art Beer.
ABOUT T-20 SPORTS ENERGY DRINK:
"We know what it takes to quench the BIG THIRST and to re-boot your ENERGY LEVEL," said Rab Masroor, CEO of T-20 Energy Drink Company. Whether you need to make a birdie coming down the 18th hole or to drain a 3-pointer to win a game of full court hoops, T-20 ENERGY DRINK will make it happen."
As the national distributor for the new sports drink, Black Art Beverages expects to continue its growth in building brand awareness and stability for its presence as a force to reckon with in the huge North American beverage markets.
"We are very pleased and satisfied with our new alliance as we continue to position ourselves for a very successful 2010," said Cross.
For information on other Black Art Beer events please see our website http://www.blackartbeer.com or look for us on Facebook as Black Art Beer and become a friend of the brewery.
"BKYI News" Minnesota Justice Information Services Deploys BIO-key(R) Biometric Identification
http://www.prnewswire.com/news-releases/minnesota-justice-information-services-deploys-bio-keyr-biometric-identification-93919994.html
Successful Pilot Leads to State-Wide Deployment, Improving Public Safety, Saving Processing Time and Improving System Accuracy
Download image
WALL, N.J., May 17 /PRNewswire-FirstCall/ -- BIO-key International, Inc. (OTC Bulletin Board: BKYI), a leader in finger-based biometric identification solutions, today announced the statewide expansion of the state of Minnesota's eCharging pilot. This solution utilizes BIO-key's WEB-key® fingerprint biometric software for officers to establish their identity when electronically signing criminal complaints.
(Logo: http://photos.prnewswire.com/prnh/20050509/BIOKEYLOGO)
(Logo: http://www.newscom.com/cgi-bin/prnh/20050509/BIOKEYLOGO)
The paperless eCharging system increases efficiency by allowing police officers and prosecutors to electronically transmit charging documents in real-time with the courts. The electronic delivery eliminates duplicate data entry and forms, and time and travel for document delivery.
As reported on Fox 21 News affiliate KQDS-DT in Minnesota, this system is the first of its kind in the country, saving police hours of time previously spent on paperwork, which enables them to get back out in the community faster. What used to take days, now takes only minutes. To establish their identity when electronically signing a complaint, law enforcement officers simply place a finger onto an inexpensive fingerprint reader that plugs into the officer's computer. The BIO-key software quickly and accurately establishes the officers' identity by comparing a scanned image against their previously registered fingerprints.
"Feedback from the pilot users was very positive and the use of the system has been found to be very intuitive. The biometric signing is fast, accurate convenient and easy to use," said Jill Oliveira, Public Information Officer for the Minnesota Dept. of Public Safety Bureau of Criminal Apprehension. Chief Dana Waldron from the Virginia MN Police Department added he wouldn't dream of going back to paper.
The major benefits of the system include:
* Time savings: For law enforcement, the time savings estimates have averaged 45 minutes per criminal complaint.
* Workflow Monitoring: The system eliminates lost paper complaints. A simple search can be run to see the status of all complaints that are currently in the signing process and the individuals and agencies to which they are assigned.
* Auditing: Workflow tracking is available as an audit function, in case the authenticity of the complaint or the signatures on it are challenged.
* High Acceptance: Acceptance by law enforcement and the court has been extremely favorable.
"The Minnesota Department of Public Safety has been truly innovative in applying technology to not only improve the services it provides its constituents but in a way that requires fewer resources! This is a model solution that every state should deploy," added BIO-key CEO Mike DePasquale.
"NEOL News" NeoPharm Announces FDA Grant of Orphan Drug Designation for IL13-PE38QQR for the Treatment of Idiopathic Pulmonary Fibrosis
http://www.streetinsider.com/Press+Releases/NeoPharm+Announces+FDA+Grant+of+Orphan+Drug+Designation+for+IL13-PE38QQR+for+the+Treatment+of+Idiopathic+Pulmonary+Fibrosis/5641277.html
LAKE BLUFF, Ill.--(BUSINESS WIRE)-- NeoPharm, Inc. (Other OTC: NEOL.PK), announced today that the Office of Orphan Products Development of the United States Food and Drug Administration (FDA) has granted orphan-drug designation for IL13-PE38QQR (IL13-PE) for the treatment of Idiopathic Pulmonary Fibrosis (IPF).
Dr. Aquilur Rahman, President and CEO, commented, “IPF is the most deadly disease of the lungs in humans with very high morbidity. It is estimated that about 55,000 patients are diagnosed with the disease and almost 45,000 of them die with this disease every year in the U.S. There is currently no proven effective treatment to cure this disease. All the studies that NeoPharm has performed in animals and in ex vivo human tissue have shown quite promising results. We look forward to starting our clinical studies with IL13-PE as aerosolized product in humans inflicted with this devastating disease quite soon.”
Orphan Drug designation provides a seven-year term of market exclusivity for IPF upon final FDA approval. Orphan Drug designation positions NeoPharm to take advantage of a wide range of financial and regulatory benefits, including government grants for conducting clinical trials, waiver of expensive FDA user fees and certain tax credits.
"BGEM News" Blue Gem Enterprise Lands Two Top Brands Into Florida Albertsons Stores
http://www.prnewswire.com/news-releases/blue-gem-enterprise-lands-two-top-brands-into-florida-albertsons-stores-93918899.html
Title Sports Drink & Xingtea to be featured in store plan-o-grams
MEDLEY, Fla., May 17 /PRNewswire-FirstCall/ -- Blue Gem Enterprise (OTC Bulletin Board: BGEM) is pleased to announce it will be distributing two of its premier brands to Albertsons Stores throughout Florida. "Placing more than one product in grocery chains like Albertsons is a big step forward for Blue Gem," says head of Sales & Expansion, Bob Friedopfer. "We are excited to have this take place at such an early stage in our companies' growth, keeping our distribution costs down by enabling our routes to carry more products to a single point of distribution is a key to our future success," adds Friedopfer.
Title has all three of its 20 oz. flavors; lemon, berry and orange authorized and will be cut into plan-o-grams in the next few weeks. Xingtea has cherry, pomegranate, ginseng, mango, and diet mango authorized and will also be cut into plan-o-grams.
"VHC News" Microsoft and VirnetX Settle Patent Infringement Cases
http://www.prnewswire.com/news-releases/microsoft-and-virnetx-settle-patent-infringement-cases-93918084.html
REDMOND, Wash. and SCOTTS VALLEY, Calif., May 17 /PRNewswire-FirstCall/ -- VirnetX Holding Corporation and Microsoft Corporation today announced that they have settled the patent infringement cases brought by VirnetX before the U.S. District Court for the Eastern District of Texas. Pursuant to the settlement, both lawsuits will be dismissed.
As part of the settlement, Microsoft takes a license to the VirnetX patents for Microsoft's products and will make a one-time payment of $200 million to VirnetX. All other aspects of the settlement and license were not disclosed.
"This Agreement highlights the need for VirnetX's Secure Domain Name Initiative, and we believe that this successful resolution of our litigation with Microsoft will allow us to focus on the upcoming pilot system that will showcase VirnetX's automatic Virtual Private Network technology," said Kendall Larsen, Chief Executive Officer and Chairman of VirnetX Holding Corporation. "We look forward to our continued work with our Secure Domain Name Initiative partners in that effort."
"We are pleased to work with VirnetX to bring these cases to a successful resolution through this settlement," said Tom Burt, corporate vice president and deputy general counsel, Microsoft Corporation. "We look forward to VirnetX's continued progress as it develops its technologies."
Subscribe to Ad free and enjoy an ad-free experience
Try Now
Keep the Ads