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This is the individual that signed the last 10Q as the CFO. What is your line of questioning leading to? Please enlighten us.
Date: November 19, 2008 By:
/s/ Sam H.Lindsey,Jr.
Sam H. Lindsey, Jr.
, CFO
Sam H. Lindsey, Jr., Chief Financial Officer
Mr. Lindsey has over thirty five years of public and private accounting experience. He has previously served as Controller of a privately held oilfield construction company with over 150 employees. Prior to that he was the CFO and Treasurer of a publicly traded start-up company, Reconversion Technologies, Inc. Mr. Lindsey served for many years as the Managing Partner of Lindsey & Phelps PC, an accounting firm specializing in auditing, taxation and litigation support. He also currently serves as CFO of Biofuels Power Corporation, a green energy company, traded on the OTCBB. ` He holds a BBA from the University of Houston.
http://www.americansecurityresources.com/management/
From 2006?? Old and no longer relevant!!
Out for now @ .0013x.0014 - 10 bagger for me yippee it's been awhile!! I'll be looking to get back in if she dips, otherwise GLTA
Would be nice to see a headline something like this one for lil ol BIPH
Of course it also would have been nice if the Titans had beaten the Ravens on the scoreboard too!!
Medtronic to Acquire Ablation Frontiers
for $225 Million
Medtronic’s AF Solutions Franchise Will Include Radiofrequency Catheter Ablation Technologies for the Treatment of Atrial Fibrillation
--------------------------------------------------------------------------------
January 12, 2009 -- Minneapolis and Carlsbad, California -- Medtronic, Inc. (NYSE: MDT) and privately held Ablation Frontiers, Inc., today announced that the two companies have entered into an agreement whereby Medtronic will acquire Ablation Frontiers for an initial payment of $225 million plus potential additional payments contingent upon achievement of certain clinical milestones. The acquisition has been approved by Ablation Frontiers shareholders, and is subject to regulatory clearance. The transaction is expected to close in Medtronic’s fourth fiscal quarter, ending April 24, 2009.
“As the leader in cardiac rhythm disease management, Medtronic is well positioned to deliver innovative therapies and expand the marketplace to address unmet needs in atrial fibrillation,” said Pat Mackin, president of the Cardiac Rhythm Disease Management business and senior vice president at Medtronic. “Once the transaction is complete, we will add Ablation Frontiers’ emerging technologies to our growing AF Solutions franchise.”
The goal of Medtronic’s newly formed AF Solutions franchise, led by vice president and general manager Reggie Groves, is to be the physician partner of choice for atrial fibrillation (AF) ablation by bringing breakthrough AF therapies to the patients and physicians that are simpler, safer, effective, and offer more predictable procedure times than current treatment methods. Medtronic will offer physicians a choice of ablation therapies and tools to best meet the needs of their AF patients, as well as the needs of their practices.
Following Medtronic’s recent acquisition of CryoCath Technologies, Inc., a leader in cryoablation treatments for AF, the addition of Ablation Frontiers’ anatomically designed, catheter-based ablation technologies and its unique radiofrequency (RF) energy system will allow Medtronic to deliver the industry’s broadest range of therapies.
Keegan Harper, chief executive officer of Ablation Frontiers, said, “We are thrilled to join Medtronic and together will address the increasingly significant area of atrial fibrillation. We believe there is great value in aligning with a company that will offer a suite of distinct products that will provide physicians and their patients the best solutions for treating atrial fibrillation.”
In 2006, Ablation Frontiers received CE Mark to begin marketing its system of catheters and the RF generator in the European Union. Ablation Frontiers is conducting a clinical trial under a United States Food and Drug Administration (FDA) investigational device exemption (IDE) to gain approval for permanent, or chronic, AF in the U.S.
About Atrial Fibrillation
Atrial fibrillation (AF or A Fib) is an irregular quivering or rapid heart rhythm in the upper chambers (atria) of the heart. Atrial fibrillation is the most common cardiac rhythm condition, found in approximately three million Americans and seven million people worldwide. An AF heart rhythm is significantly faster than a normal heartbeat and is a form of tachyarrhythmia (fast beating heart) and left untreated causes inefficient pumping of the heart that can lead to other serious health problems including stroke, chronic fatigue and congestive heart failure. Unfortunately most AF patients who currently receive drug therapy are non-responsive therefore could be indicated for ablation therapy.
About Ablation Frontiers
Ablation Frontiers, Inc. (www.ablationfrontiers.com), is a privately held medical device company based in Carlsbad, Calif. Founded in 2004, Ablation Frontiers is dedicated to helping individuals suffering from AF and other cardiac arrhythmias through the development and commercialization of innovative products designed to make ablation procedures safer and less time consuming, thereby making it possible for more individuals to benefit from this life-bettering therapy.
About Medtronic
Medtronic, Inc. (www.medtronic.com), headquartered in Minneapolis, is the global leader in medical technology – alleviating pain, restoring health, and extending life for millions of people around the world.
Any forward looking statements are subject to risks and uncertainties. Medtronic cautions readers that any forward looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward looking information. Forward looking statements include, but are not limited to, statements about the benefits of the acquisition, including future financial and operating results, post acquisition plans, objectives, expectations and intentions and other statements that are not historical facts. The following factors, among others, could cause actual results to differ from those set forth in the forward looking statements: the risk that the businesses will not be integrated successfully; the risk that the cost savings and any other synergies from the acquisition may not be fully realized or may take longer to realize than expected; disruption from the acquisition making it more difficult to maintain relationships with customers, employees or suppliers; and competition and its effect on pricing, spending, third party relationships and revenues. Additional factors that may affect future results are contained in Medtronic’s Annual Report on Form 10 K for the year ended April 25, 2008. Actual results may differ materially from anticipated results. Medtronic disclaims any obligation to update and revise statements contained in this release based on new information or otherwise.
Source: Medtronic, Inc.
--------------------------------------------------------------------------------
http://www.ptca.org/news/2009/0112_MEDTRONIC.html
OK I'm with you now, after rereading your post, you are saying this case will be considered by USPTO and I thought you said that the case would need to be decided (by the court) before the reexam decision, my bad.
Regards,
Interesting that the scheduling conference for the Texas case is set for Feb 11 2009 only one day after the status hearing currently scheduled for Feb 10 In the NY Southern District.
The following links contain relevant information in the form of PDF files.
U.S. District Court
United States District Court for the Southern District of New York CIVIL DOCKET FOR CASE #: 2:04-cv-03026-JES
Docket Text
11/06/2008 43 MEMO ENDORSEMENT ON THE JOINT STATUS REPORT (10/24/08) AND MOTION TO RESET NOVEMBER 6, 2008 STATUS CONFERENCE ENDORSEMENT: So ordered. (Signed by Judge John E. Sprizzo on 11/5/08) (mme) (Entered: 11/06/2008)
http://www.2shared.com/file/4615154/78987bc0/Neomedia_vs_Scanbuy.html
U.S. District Court [LIVE]
Eastern District of TEXAS (Texarkana)
CIVIL DOCKET FOR CASE #: 5:08-cv-00199-DF
Docket Text
01/09/2009 10 NOTICE OF SCHEDULING CONFERENCE, PROPOSED DEADLINES FOR DOCKET CONTROL ORDER, AND DISCOVERY ORDER, ( Scheduling Conference set for 2/11/2009 10:00 AM in Ctrm 319 (Texarkana) before Judge David Folsom.). Signed by Judge David Folsom on 1/9/09. (mrm, ) (Entered: 01/09/2009)
http://www.2shared.com/file/4615052/9039b4c2/Scanbuy_vs_Neomedia.html
http://www.2shared.com/file/4615051/930e578/Scanbuy_vs_Neomedia_2.html
I thought the NY case was stayed waiting on USPTO not the other way around.
Lots of shares bought at .0001 and .0002 recently, I'm going to lock in some profit soon and ride the freebies.
http://ih.advfn.com/p.php?pid=historical&cb=1231518592&symbol=NO%5EPHEI
I fail to see where this new Scanbuy case has anything to do with the reexam process as different patents are involved. Can you help me out? Why would this case delay the USPTO decision?
.0006x.0007 movin on up!! Sweet!!!!
Inequitable conduct
From Wikipedia, the free encyclopedia
In United States patent law, patent holders must go to the federal courts to enforce their patent rights. Even if the patent is valid and infringed, these courts may exercise their equitable discretion not to enforce the patent if the patentee has engaged in inequitable conduct. The patent applicant has a duty of candor and good faith to the US Patent and Trademark Office when applying for their patent. Breach of this duty constitutes inequitable conduct, which includes the following: (a) failure to submit material prior art known by the applicant; (b) failure to explain references in a foreign language or submit pre-existing full or partial translations of the references; (c) misstatements of fact, including misstatements in affidavits concerning patentability; and (d) mis-description of inventorship.
The party asking the court to decline to enforce the patent, usually the alleged infringer, bears the burden of proving inequitable conduct to the court. This party must show by clear and convincing evidence that the patentee intentionally withheld or misrepresented material information. Proven inequitable conduct in any claim can lead the entire patent to be unenforceable.
The law regarding inequitable conduct is currently evolving.
Laches
From Wikipedia, the free encyclopedia
Laches is an equitable defense, or doctrine. The person invoking laches is asserting that an opposing party has "slept on its rights", and that, as a result of this delay, that other party is no longer entitled to its original claim. Put another way, failure to assert one’s rights in a timely manner can result in claims being barred by laches. Laches is a form of estoppel for delay.
In most contexts, an essential element of laches is the requirement that the party invoking the doctrine has changed its position as a result of the delay. In other words, the defendant is in a worse position now than at the time the claim should have been brought. For example, the delay in asserting the claim may have caused a great increase in the potential damages to be awarded; or assets that could earlier have been used to satisfy the claim may have been distributed in the meantime; or the property in question may already have been sold; or evidence or testimony may no longer be available to defend against the claim.
A defense lawyer raising the defense of laches against a motion for injunctive relief (a form of equitable relief) might argue that the plaintiff comes "waltzing in at the eleventh hour" when it is now too late to grant the relief sought, at least not without causing great harm that the plaintiff could have avoided.
Under the United States Federal Rules of Civil Procedure, laches is an affirmative defense, which means that the burden of proving laches is on the party asserting it (normally the defendant).
IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF TEXAS
TEXARKANA DIVISION
SCANBUY, INC. and MARSHALL
FEATURE RECOGNITION, LLC,
Plaintiffs,
v.
NEOMEDIA TECHNOLOGIES, INC.,
Defendant.
No. 5:08-cv-00199-DF
The Honorable David J. Folsom
Jury Trial Demanded
ANSWER AND AFFIRMATIVE DEFENSES
OF NEOMEDIA TECHNOLOGIES, INC.
Defendant NeoMedia Technologies, Inc. (“NeoMedia”) answers the Complaint of
Plaintiffs Scanbuy, Inc. and Marshall Feature Recognition, LLC (collectively, “Plaintiffs” or
“Scanbuy”), as follows:
THE PARTIES
1. NeoMedia lacks sufficient information to respond from actual knowledge, and
while NeoMedia believes the same to be true, leaves Scanbuy to strict proof of the
allegations of paragraph 1.
2. NeoMedia is without knowledge or information sufficient to form a belief as to the
truth of the allegations of paragraph 2, and they are therefore denied.
3. NeoMedia admits the allegations of paragraph 3 of Plaintiffs’ complaint.
JURISDICTION AND VENUE
4. NeoMedia admits that Scanbuy purports to bring an action for patent infringement,
but denies that there is any infringement, and denies that there is personal jurisdiction over
2
NeoMedia. NeoMedia admits that this action purports to arise under the Patent Act, 35
U.S.C. §§ 1, et seq.
5. NeoMedia denies the allegations of paragraph 5 of Plaintiffs’ complaint.
FACTS
6. NeoMedia admits the ‘696 Patent on its face sets forth the information alleged in
paragraph 6, but denies that the patent was duly and legally issued.
7. NeoMedia admits the ‘750 Patent on its face sets forth the information alleged in
paragraph 7, but denies that the patent was duly and legally issued.
8. NeoMedia is without knowledge or information sufficient to form a belief as to the
truth of the allegation contained in paragraph 8, and it is therefore denied.
9. NeoMedia is without knowledge or information sufficient to form a belief as to the
truth of the allegation contained in paragraph 9, and it is therefore denied.
10. NeoMedia is without knowledge or information sufficient to form a belief as to
the truth of the allegations contained in paragraph 10, and they are therefore denied.
11. NeoMedia denies the allegations of paragraph 11 of Plaintiffs’ complaint.
12. NeoMedia denies the allegations of paragraph 12 of Plaintiffs’ complaint.
13. NeoMedia denies the allegations of paragraph 13 of Plaintiffs’ complaint.
COUNT ONE
14. NeoMedia realleges its responses to paragraphs 1-13 as if specifically set forth in
this Count.
15. NeoMedia denies the allegations of paragraph 15 of Plaintiffs’ complaint.
16. NeoMedia denies the allegations of paragraph 16 of Plaintiffs’ complaint.
3
17. NeoMedia denies the allegations of paragraph 17 of Plaintiffs’ complaint.
COUNT TWO
18. NeoMedia realleges its responses to paragraphs 1-13 as if specifically set forth in
this Count.
19. NeoMedia denies the allegations of paragraph 19 of Plaintiffs’ complaint.
20. NeoMedia denies the allegations of paragraph 20 of Plaintiffs’ complaint.
21. NeoMedia denies the allegations of paragraph 21 of Plaintiffs’ complaint.
AFFIRMATIVE DEFENSES
First Defense:
Non-Infringement
NeoMedia does not literally or under the doctrine of equivalents infringe, and has not
infringed, willfully or otherwise, any claim of the patents-in-suit, either directly, indirectly,
contributorily, or by inducement.
Second Defense:
Invalidity
The patents-in-suit are invalid for failure to comply with the requirements of Title 35,
United States Code, including, but not limited to, §§ 102, 103, 112 and/or 116.
Third Defense (Reserved):
Inequitable Conduct
NeoMedia reserves the defense that Scanbuy’s claims for relief are barred in whole or
in part by inequitable conduct in the procurement of one or both of the patents-in-suit.
4
Fourth Defense:
No Personal Jurisdiction
NeoMedia does no business in this judicial district which would subject it to personal
jurisdiction, and there is no other basis that would apply to bring NeoMedia within the
jurisdiction of this Court.
Fifth Defense:
Laches
Plaintiffs’ claims are barred by the doctrine of laches.
PRAYER FOR RELIEF
WHEREFORE, NeoMedia respectfully requests judgment as follows:
A. That Scanbuy’s actions be found contrary to the U.S. laws, that this be declared an
exceptional case under 35 U.S.C. § 285, and that NeoMedia be awarded its costs and
reasonable attorneys’ fees;
B. That Scanbuy be found estopped from asserting its patents against NeoMedia and
otherwise blocked in seeking an injunction against NeoMedia;
C. That a judgment be entered that NeoMedia has not and does not infringe any of
the patents in suit, that the patents in suit are invalid as to asserted claims thereof and that the
patents in suit are unenforceable;
D. That NeoMedia be found not liable for the alleged infringement of the Scanbuy
Patents, by reason of the patents being invalid, unenforceable or not infringed;
E. That Scanbuy take nothing and otherwise be denied all relief, and NeoMedia be
awarded such other and further relief as this Court deems appropriate.
5
January 8, 2009
Respectfully submitted.
/s/ Robert W. Schroeder III
Robert W. Schroeder III
tschroeder@texarkanalaw.com
Texas Bar No. 24029190
PATTON, TIDWELL & SCHROEDER, LLP
4605 Texas Boulevard
Post Office Box 5398
Texarkana, Texas 75505-5398
(903) 792-7080 Telephone
(903) 792-8233 Facsimile
Counsel for NeoMedia Technologies, Inc.
Of counsel:
Michael H. Baniak
baniak@mbhb.com
McDonnell Boehnen Hulbert & Berghoff LLP
300 South Wacker Drive, Suite 3100
Chicago, Illinois 60606
(312) 913-0001 Telephone
(312) 913-0002 Facsimile
Jeffrey A. Pine
pine@vp-law.com
Valauskas & Pine LLC
150 South Wacker Drive, Suite 620
Chicago, Illinois 60606
(312) 673-0360 Telephone
(312) 673-0361 Facsimile
CERTIFICATE OF SERVICE
The undersigned hereby certifies that on January 8, 2009, a copy of the foregoing
ANSWER AND AFFIRMATIVE DEFENSES OF NEOMEDIA TECHNOLOGIES, INC.
was served by electronic means via the Court’s electronic filing system on the following
attorneys of record:
John Mercy
jmercy@texarkanalawyers.com
MERCY CARTER TIDWELL, L.L.P.
1724 Galleria Oaks Drive
Texarkana, Texas 75503
(903) 794-9419 Telephone
(903) 794-1268 Facsimile
John M. Hintz
john.hintz@wilmerhale.com
Laura A. Sheridan
laura.sheridan@wilmerhale.com
WILMER CUTLER PICKERING HALE AND DORR LLP
399 Park Avenue
New York, New York 10022
(212) 230-8800 Telephone
(212) 230-8888 Facsimile
/s/ Robert W. Schroeder III
Robert W. Schroeder III
tschroeder@texarkanalaw.com
Texas Bar No. 24029190
PATTON, TIDWELL & SCHROEDER, LLP
4605 Texas Boulevard
Post Office Box 5398
Texarkana, Texas 75505-5398
(903) 792-7080 Telephone
(903) 792-8233 Facsimile
Spanair
Spanair mobile check-in system celebrates first anniversary of technology innovation
2009-01-08 13:13
Neomedia's Mobile Barcode is the fastest way to board the plane in Spain
Palma de Mallorca, 8th January 2009. Mobile check-in has landed in airports across Spain following the introduction of a paperless ticketing service by Spanish carrier Spanair Airlines. Paper boarding passes can now be replaced by an electronic 2D barcode received via MMS and stored by the passenger's mobile phone. The system is enabled by NeoMedia Technologies, which has to date installed its EXIO scanners in eleven Spanish airports. The scanners read the 2D codes on the phones at the airport terminal check-in desks and security points.
With the widespread installation of the streamlined and convenient service across Spanish airports, Spanair has forecast that 800,000 2D barcode mobile tickets will be issued in 2009 - some ten per cent of its total ticketing transactions.
Spanair, the second largest airline in number of passengers in Spain, was the first to offer its passengers mobile check-in, following the publication by IATA of a mobile boarding standard based on two-dimensional codes. The technology was piloted in the airports of Bilbao, Madrid and Barcelona, initiating a service that could save the airline industry up to $500million each year.
Earlier last year industry analysts Juniper Research estimated that transport-based mobile ticketing will grow from 37.4million transactions in 2007 to just over 1.8 billion by 2011, with some 2.6 billion mobile tickets in total being issued by 2011 to 208 million mobile phone users.
"Our mobile check-in system is proving to be the fastest way to get on the plane in Spain. It's innovative, efficient and offers great benefits in terms of both time and convenience - advantages that are particularly appreciated by our business customers," said Sergio Allard, Chief Commercial Officer, Spanair.
"This is a fantastic success story that underlines the simplicity and elegance of the mobile 2D barcode," said Iain McCready, CEO of NeoMedia. "Implementing mobile ticketing expands Spanair's customer service offering in an innovative way and increases customer convenience significantly - it's a win/win scenario. NeoMedia's scanners can be integrated into many different systems and used for a wide variety of mobile CRM solutions (ticketing, couponing, loyalty) and payment systems. With the mobile device increasingly used as a tool for business, it makes absolute sense to utilise it in as many ways as possible to streamline services for both business and consumer users."
About NeoMedia Technologies
NeoMedia Technologies, Inc. (USA) is a world market leader in the field of optically initiated transactions, applying innovative solutions to combine the physical and mobile worlds with its patented, leading-edge mobile Direct-to-Web technology. In order to offer the customer a stable, high-performance infrastructure for processing optical codes, NeoMedia is expanding its offerings by adding the award-winning Gavitec technology. Gavitec AG mobile digit, a member company of NeoMedia Technologies (OTCBB: NEOM), is a leading provider of technical equipment for code reading systems and software for mobile communications applications. Gavitec AG is based in Germany and offers standardized and individual solutions for mobile marketing, mobile couponing, mobile ticketing and mobile payment systems. For further information, please visit: www.neom.com, www.neoreader.com and www.mobiledigit.de.
Spanair
Spanair was founded in 1986 and since April 2003 it has been part of the Star Alliance, a global network of the world's largest and most prestigious airlines.
Contact:
Corporate Communications Department
Adolfo Lázaro
+34 971 74 51 70
+34 690 67 62 57
http://www.newsdesk.se/view/pressrelease/spanair-mobile-check-in-system-celebrates-first-anniversary-of-technology-innovation-264335
Welcome to Ihub Mr. admin. Please keep the dialogue open, I appreciate your input.
PHEI .0004x.0005 Sweet!!!
You are certainly entitled to your opinion as far as I am concerned. I pride myself in an honest evaluation of stock price and my personal opinion as to which direction it will go. However as you are aware, every trade in every market is the result of two differing opinions. Buyers believe that the price will appreciate and sellers believe that the price will decline. In all cases one or the other is wrong. The historical price of this stock would indicate that you have valid complaints, but I have not lived that history as I am a new investor here. I sympathize with the long term longs that are hoping to recover their investment as I have been in that position with other holdings. I may eventually loose 100% of my investment here, but If I am not willing to assume the risk that undoubtedly exists, then how could I ever realize the lifechanging upside potential that resides in the successful deployment of this company's technology. You on the otherhand, choosing to sit on the sidelines and warn potential new investors of the risks, will never realize anything but the ability to say "I told you so" if you are correct. However, if you are wrong you will just have to fade away or stay here and listen to the "I told you sos" that will undoubtedly come your way.
Smash mouth football on tap this weekend Titans vs Ravens, Don't miss it. Go Titans Go
Thanks but I managed to get what I was after without your help. Don't suppose you could find something positive to say about BIPH now :)
Click on any blogpost headline and scroll to the bottom to leave a comment.
Not sure what you are referring to but you can leave a comment on any blog entry (click on the headline to open the post). I have not had any problems.
Thanks BE didn't think I had missed a filing. I suspect that NEOM is in default at this time for failure to register the underlying shares. Might be getting close to the end game as it would require 3.6 billion shares to cover $4m at current conversion prices somethings gotta give IMO.
Anyone know whether or not NEOM received the third tranche $4mil funding on Jan 2 as scheduled?
$8,650,000 Securities Purchase Agreement – On July 29, 2008, we entered into a Securities Purchase Agreement (the “July 29 SPA”) with YA Global, an accredited investor in the principal amount of $8,650,000. The July 29 SPA provides for the amount to be drawn through three separate secured convertible debentures (the “debentures”) in the amounts of $2,325,000, $2,325,000, and $4,000,000 respectively. The first debenture was issued on July 29, 2008. Upon the achievement of certain milestones, the remaining two debentures are scheduled to be issued on October 29, 2008 and January 2, 2009, respectively.
http://ih.advfn.com/p.php?pid=nmona&cb=1225225274&article=27769274&symbol=NB%5ENEOM
The blog contains the information you are requesting as reported by the company.
http://pheiblog.wordpress.com/
Spot, would you mind posting something negative, I can't seem to get anyone to sell me some stock at the bid lol
MRI patent issued today
http://portal.uspto.gov/external/portal/pair
San Francisco's Yellow Cab Cooperative Awards Clean Energy
Contract to Supply Natural Gas Fuel for 10 Years
45 minutes ago - Businesswire
Related Companies
Symbol Last %Chg
CLNE 6.08 0.00%
As of 12:00 AM ET 12/26/08
Yellow Cab Cooperative, San Francisco's largest taxicab operator, has awarded Clean Energy Fuels Corp. (Nasdaq:CLNE) a 10-year contract to supply compressed natural gas (CNG) fuel, and provide operations and maintenance for a newly expanded Clean Energy CNG station located south of the City center at 1200 Mississippi St. In addition to serving Yellow Cab's growing CNG fleet, the station is now open for full public use, 24/7. It joins the growing network of eight public Clean Energy fueling stations located in the San Francisco Bay area.
James Harger, Clean Energy Senior Vice President, said, "We are pleased to continue our long-term fuel supply and station operation relationship with Yellow Cab Cooperative, which has now been extended through 2018. Yellow Cab Co-Op is a clear leader in promoting the use of natural gas fuel. We look forward to the continuing addition of more CNG cabs to its already sizeable 100-cab CNG fleet, which will enhance both the health and environmental benefits for all San Francisco Bay Area citizens."
Yellow Cab Co-Op's taxis currently use more than 350,000 gallons of CNG fuel annually. Most cabs return for fill-ups twice a day, and the new Clean Energy CNG station is equipped to dispense 1,000 gallons of fuel per hour -- the largest U.S. CNG taxi station of its kind.
Hal Mellegard, Yellow Cab Cooperative's General Manager, said, "Our CNG taxis provide good benefits, including lower-cost fuel and access to the HOV/carpool lanes on local freeways, which the clean, green performance allows. The newly increased capacity of the Mississippi Street Clean Energy station and the several other CNG stations in the area will provide the support we need as we accelerate our program of replacing gasoline-powered taxis with a combination of cleaner burning hybrids and CNG models."
Clean Energy (Nasdaq:CLNE) is the leading provider of natural gas (CNG and LNG) for transportation in North America. It has a broad customer base in the refuse, transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets, fueling more than 14,000 vehicles daily at over 170 strategic locations across the United States and Canada. Clean Energy owns and operates two LNG production plants, one in Willis, TX and one in Boron, CA, with combined capacity of 260,000 LNG gallons per day and designed to expand to 340,000 LNG gallons per day as demand increases. It also owns and operates a landfill gas facility in Dallas, TX that produces renewable methane gas or biogas for delivery in the nation's gas pipeline network. Please visit www.cleanenergyfuels.com.
Forward-Looking Statements This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions, including statements about the growth of the Yellow Cab CNG taxi fleet and fuel consumption. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors including the availability of CNG vehicles and demand for taxi services in the Bay Area. The forward-looking statements made herein speak only as of the date of this press release and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
SOURCE: Clean Energy Fuels Corp.
For Clean Energy Fuels Corp.
News Media
Bruce Russell, 310-559-4955 x101
brussell@cleanenergyfuels.com
or
Investors
Ina McGuinness, 310-954-1100
Oh, I almost forgot, If you cant run with the big dogs, better to stay on the porch.
For those of you that would like to dig deeper into what might be on the horizon. I am optimistic and I know why, but whether your an optimist or pessimist - Happy Holidays to all!
Patents Pending
10/598,088 filed on 08-17-2006 is Pending
10/867,517 filed on 06-14-2004 is Pending
10/887,521 filed on 07-07-2004 is Pending
10/914,691 filed on 08-09-2004 is Pending
10/923,579 filed on 08-20-2004 is Pending
10/941,736 filed on 09-15-2004 is Pending
10/974,412 filed on 10-27-2004 is Pending
10/999,185 filed on 11-29-2004 is Pending
11/045,790 filed on 01-28-2005 is Pending
11/048,297 filed on 01-31-2005 is Pending
11/067,325 filed on 02-25-2005 is Pending
11/070,544 filed on 03-02-2005 is Pending
11/085,726 filed on 03-21-2005 is Pending
11/094,946 filed on 03-31-2005 is Pending
11/115,886 filed on 04-27-2005 is Pending
11/120,719 filed on 05-03-2005 is Pending
11/133,768 filed on 05-20-2005 is Pending
11/136,630 filed on 05-24-2005 is Pending
11/171,761 filed on 06-30-2005 is Pending
11/331,928 filed on 01-13-2006 is Pending
11/449,257 filed on 06-08-2006 is Pending
12/037,208 filed on 02-26-2008 is Pending
PCT/US03/01671 filed on 07-31-2003 is Pending
PCT/US03/07670 filed on 03-12-2003 is Pending
PCT/US03/23416 filed on 07-25-2003 is Pending
PCT/US04/42909 filed on 12-20-2004 is Pending
PCT/US05/00034 filed on 01-03-2005 is Pending
PCT/US05/06023 filed on 02-24-2005 is Pending
PCT/US04/20605 filed on 06-25-2004 is Pending
10/607,434 filed on 06-26-2003 is Pending
11/359,542 filed on 02-23-2006 is Pending
11/302,322 filed on 12-14-2005 is Pending
11/143,542 filed on 06-02-2005 is Pending
10/795,098 filed on 03-05-2004 is Pending
News for 'CLNE' - (YWA Changes EPS Estimate of CLEAN ENERGY FUELS CORP)
Dec 23, 2008 (Nelson's Broker Summaries via COMTEX) --
Company: CLEAN ENERGY FUELS CORP
Report Headline: "Alternative Transportation: Natural Gas and Propane Vehicles -- Cleaner, Cheaper"
Report Date: December 19, 2008
Current FY EPS Estimate [FY2008]: -0.82
Previous EPS Estimate for Current FY [FY2008]: -0.82
Current Quarter EPS Estimate [Q4]: -0.34
Previous EPS Estimate for Current Quarter [Q4]: -0.38
Next FY EPS Estimate [FY2009]: 0.16
Previous EPS Estimate for Next FY [FY2009]: 0.16
Current Recommendation: BUY
Research Firm: YWA
Analyst: NO ANALYST
Industry: UTILITY/GASUTIL
Estimates reported in USD
http://www.thomsonfinancial.com
Copyright 2008, Nelson Information, a Thomson Financial company
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News for 'CLNE' - (CLEAN ENERGY FUELS CORP Consensus Recommendation: BUY)
Dec 23, 2008 (Nelson's Broker Summaries via COMTEX) --
Company: CLEAN ENERGY FUELS CORP
Consensus Recommendation: BUY
(Strong Buy: 3, Buy: 0, Hold: 3, Underperform: 0, Sell: 0)
Quarter Consensus Estimate [Q4]: -0.34
FY Consensus Estimate [FY2008]: -0.74
Next FY Consensus Estimate [FY2009]: 0.09
Industry: UTILITY/GASUTIL
Estimates reported in USD
http://www.thomsonfinancial.com
Copyright 2008, Nelson Information, a Thomson Financial company
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We (common stockholders) already own the 1.3b OS. It's the other 30 billion that we need!!! :)
Well said, Thanks
Might wanna stop the turnovers too!!
Nashville is a nice place to visit in January so all is not lost
Better year for Biophans than Steelerphans for sure!!
Anyone know whats goin on with the Gamestore? Would have been better to get it right then launch vs launch and then get it right.
News for 'CLNE' - (Sun Metro, City of El Paso's Public Transit Agency, Extends Clean Energy's LNG Fuel Contract West Texas Transit Operator Provides 12 Million Passenger Trips Annually, Using a Growing Bus Fleet Powered by Natural Gas Fuel)
SEAL BEACH, Calif., Dec 22, 2008 (BUSINESS WIRE) -- Clean Energy Fuels Corp.
(Nasdaq:CLNE) has been awarded an 18-month contract extension to continue
supplying liquefied natural gas (LNG) fuel to Sun Metro, the public transit bus
agency serving the City of El Paso, Texas and neighboring New Mexico
communities. Clean Energy has been under contract to Sun Metro since December
2003, with fleet fuel consumption now topping 4.6 million LNG gallons annually.
The LNG fuel is used directly to fuel certain buses as well as converted to
compressed natural gas (CNG) fuel, which is used to power the balance of the Sun
Metro natural gas fleet, which includes 144 natural gas buses, together with six
diesel buses. The agency plans to expand the fleet to 227 natural gas buses
within 10 years.
James Harger, Clean Energy Senior Vice President, said, "We are pleased to
continue our supply relationship with Sun Metro, where we have provided
reliable, cost-efficient LNG fueling services for five years, ensuring the
agency and its riders that their buses roll out daily to meet community
transportation needs."
Kevin Bunce, Sun Metro Assistant Director, said, "El Paso has significant air
shed issues caused by adjacent cities and chooses to fuel with natural gas to
mitigate those issues and improve air quality."
With 600 employees and an annual budget of over $60 million, Sun Metro offers
fixed route and paratransit bus service within the County of El Paso, TX and
throughout the City of Sunland Park, New Mexico. The agency -- recipient of the
Texas Transit Association's 2008 Outstanding Metropolitan System Award --
operates service on more than 50 fixed routes in a region that spans 250 square
miles. Annually, Sun Metro transit buses log more than 12 million passenger
trips and travel 60 million passenger miles.
Clean Energy (Nasdaq:CLNE) is the leading provider of natural gas (CNG and LNG)
for transportation in North America. It has a broad customer base in the refuse,
transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets,
fueling more than 14,000 vehicles daily at over 170 strategic locations across
the United States and Canada. Clean Energy owns and operates two LNG production
plants, one in Willis, TX and one in Boron, CA, with combined capacity of
260,000 LNG gallons per day and designed to expand to 340,000 LNG gallons per
day as demand increases. It also owns and operates a landfill gas facility in
Dallas, TX that produces renewable methane gas or biogas for delivery in the
nation's gas pipeline network. Please visit www.cleanenergyfuels.com
Forward-Looking Statements This news release contains forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934 that involve risks, uncertainties and
assumptions, including the time frame for additional natural bus deployment by
Sun Metro and annual gallons consumed by the Sun Metro bus fleet. Actual results
and the timing of events could differ materially from those anticipated in these
forward-looking statements as a result of several factors, including the demand
for public transit services in the County of El Paso and Sun Metro's ability to
procure additional natural gas buses. The forward-looking statements made herein
speak only as of the date of this press release and the company undertakes no
obligation to publicly update such forward-looking statements to reflect
subsequent events or circumstances.
SOURCE: Clean Energy Fuels Corp.
CONTACT:
For Clean Energy Fuels Corp.
News Media
Bruce Russell, 310-559-4955 x101
brussell@cleanenergyfuels.com
or
Investors
Ina McGuinness, 310-954-1100
Copyright Business Wire 2008
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KEYWORD: United States
North America
California
New Mexico
Texas
INDUSTRY KEYWORD: Energy
Oil/Gas
Transport
Public Transport
SUBJECT CODE: Contract/Agreement
Times up - time for you to start chasin :)
13's available right now but they wont last long better get some!!
As a follow up, the MRI patent application (11331928) was filed on 1/13/2006 and will issue on 1/6/09 -- 3yrs start to finish.
The CSS patent application(10607434) was filed on 6/26/2003 and will issue ? -- probably sometime in Jan 09 -- 51/2 years start to finish.
There are five additional CSS patents pending in various stages of examination. All 5 claim the benefit of 10607434 which is the parent application.
There are close to 30 additional MRI patents pending in various stages of examination.
Both are currently applications and both are now scheduled for issue. Neither are currently patented and this is THE Myovad device. This will be the first and only issued patent to date for the CSS device. If you review the examination history you will find that getting this patent to issue stage was a hard fought struggle and should represent a breakthrough for development of the device into clinical trials. All JMHO
News for 'CLNE' - (*DJ Clean Energy Fuels Started At Buy By Janney >CLNE)
(END) Dow Jones Newswires
December 19, 2008 09:24 ET (14:24 GMT)
This IS a big deal!!