Universal Tracking Solutions, Inc., the rapidly growing GPS fleet tracking technology provider, has now uniquely positioned itself to service communities throughout the country. Through its recently announced partnership with The National Association Of Regional Councils (NARC), UTS will be able to provide regions and local communities with tracking and GPS technology to help them reduce vehicle operating costs and improve air quality.
The solution being offered is the Automated Vehicle Location System (AVL)/Vehicle GPS with integrated Garmin navigation, and will be available to local community organization fleets and vehicles at a discounted price through NARC. The system is designed to lower overall fleet operating costs, mitigate greenhouse gas emissions, and even contribute to homeland security preparedness. Users of the system have experienced a positive return on investment, through reduced fuel costs and increased productivity, but have also decreased carbon emissions and improved safety and liability issues.
The partnership also involves RMJ Technologies, seller of the UTS system, and Garmin International, global leader in satellite navigation. Universal Tracking provides the traditional vehicle tracking technology, but has integrated GPS navigation capability from Garmin, for voice prompted driver directions.
The National Association Of Regional Councils (NARC) is a community advocate. It promotes regional cooperation and supports the common needs of its membership by representing their interests on national issues, with the federal government, and by helping to identify and provide beneficial solutions to common problems.
Betty Knight, NARC President, said of the partnership, “NARC members have varying needs when it comes to finding solutions and controlling costs, and can greatly benefit from what this unique partnership has to offer.” She went on to say, “NARC is pleased to work with UTS, Garmin and RMJ to provide regions and local communities with technology options that will enhance transportation, air quality and homeland security planning.”
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Tuesday, March 31, 2009
IMI Global (INMG.OB) Announces Q4 and Year-End Results for 2008, Marking First Profitable Year
Integrated Management Information Inc. (IMI Global) (INMG.OB) provides verification and Internet solutions to the agriculture industry, and has become a leading agricultural organization in the United States. The company recently announced its fourth-quarter and year-end results for the period ended December 31, 2008.
Revenues for the fourth quarter rose 23% to $634,500, up from $515,900 in the same quarter of 2007. IMI Global attributes this to strong demand for its USVerified and relative hardware solutions. The company also decreased its selling, general and administrative expenses by 41%, posted at $318,800 from $448,200 in the same quarter last year.
While the fourth quarter marks the third consecutive profitable quarter, it also marks a significant fiscal milestone for the company.
“Despite the worldwide economic downturn, IMI Global posted record revenue and achieved its first profitable year in 2008,” John Saunders, CEO of IMI Global stated in the press release. “We attribute our success to a strong product and service portfolio combined with a superb effort by our sales, support and administrative personnel throughout the company. Our steady revenue growth reflects the success we are having in attracting new customers — primarily for our USVerified solutions — while we continue to deliver value to, and build loyalty with, existing customers.”
IMI Global reported fourth-quarter net income at $6,500, less than 1 cent per share, compared to a net loss of $71,000, less than 1 cent per share, in the fourth quarter of 2007. For fiscal 2008, IMI Global announced an increase in revenue, up 46% to $2.4 million from $1.6 million for fiscal 2007.
Saunders said the company will move forward with investments in its USVerified systems, and noted the IMI Global’s recognition with Livestock Market Digest.
“In addition, we continue to invest in new product development, leveraging our proprietary USVerified systems and our deep industry knowledge and customer base. These activities resulted in IMI Global being named to Livestock Market Digest’s Top 25 List for companies and individuals making a difference in the American Livestock Industry. We believe we are well positioned to build on our 2008 accomplishments,” Saunders stated.
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Revenues for the fourth quarter rose 23% to $634,500, up from $515,900 in the same quarter of 2007. IMI Global attributes this to strong demand for its USVerified and relative hardware solutions. The company also decreased its selling, general and administrative expenses by 41%, posted at $318,800 from $448,200 in the same quarter last year.
While the fourth quarter marks the third consecutive profitable quarter, it also marks a significant fiscal milestone for the company.
“Despite the worldwide economic downturn, IMI Global posted record revenue and achieved its first profitable year in 2008,” John Saunders, CEO of IMI Global stated in the press release. “We attribute our success to a strong product and service portfolio combined with a superb effort by our sales, support and administrative personnel throughout the company. Our steady revenue growth reflects the success we are having in attracting new customers — primarily for our USVerified solutions — while we continue to deliver value to, and build loyalty with, existing customers.”
IMI Global reported fourth-quarter net income at $6,500, less than 1 cent per share, compared to a net loss of $71,000, less than 1 cent per share, in the fourth quarter of 2007. For fiscal 2008, IMI Global announced an increase in revenue, up 46% to $2.4 million from $1.6 million for fiscal 2007.
Saunders said the company will move forward with investments in its USVerified systems, and noted the IMI Global’s recognition with Livestock Market Digest.
“In addition, we continue to invest in new product development, leveraging our proprietary USVerified systems and our deep industry knowledge and customer base. These activities resulted in IMI Global being named to Livestock Market Digest’s Top 25 List for companies and individuals making a difference in the American Livestock Industry. We believe we are well positioned to build on our 2008 accomplishments,” Saunders stated.
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GTX Corp (GTXO.OB) Poised to Successfully Expand and Launch New Products
Over the last decade we have seen the explosion of the wireless market. When they were first introduced to the public, cellular phones were the size of a briefcase. Now, they are smaller than a deck of cards and can make calls, take photos, and access the internet. According to Wireless Intelligence, the GSM Association’s market intelligence unit, by 2011 there will be upwards of four billion mobile handsets worldwide. Findings indicate that an increasing number of units purchased globally will have GPS and positioning capability. GTX Corp (GTXO.OB) is in the midst of implementing an accelerated plan to capitalize on consumers’ continued interest in wireless technology.
GTX, a developer of customizable two-way Global Positioning Systems (GPS) and Position Location Systems (PLS) applications, is now moving from development stage to production level. Since 2002, GTX has developed, patented, and integrated miniaturized cellular location-transmitting and GPS tracking technologies into a number of products. GTX plans to gain a share of the wireless marketplace by combining its broad intellectual property portfolio and product line with the latest location based solutions.
Alteon Capital Partners was recently retained by GTX to provide guidance during this period of growth. Dr. Gilbert Amelio, managing partner of Alteon, will take a lead role in advising GTX management on the deployment of the company’s products into the mobile market. The company first has plans to expand the presence of its Code Amber News Service (CANS). The CANS website currently reaches an audience of 1.8 billion people and is considered the leading Canadian and U.S. syndication of all state Amber Alerts.
GTX is also on the cusp of launching its latest product, LOCi Mobile™, and Dr. Amelio will actively provide guidance on its release. LOCi Mobile™ will offer consumers a suite of downloadable and customizable applications that will transform 150 models of GPS-enabled devices from one-way navigation GPS mobile units into two-way GPS/PLS transceivers.
“As GTX Corp approaches the tipping point of readiness in consumer adoption, I am enthusiastic about being a part of this next wave of consumer PLS applications. Allowing users to customize and personalize geo-location information opens up a tremendous marketplace,” Dr. Amelio recently stated. “This expanded capability should make 2-way GPS ubiquitous. GTX Corp’s ability to license a customizable platform will address the healthy and ramping demand for these applications. Now that the company has harnessed this unique technology, I welcome the opportunity to help steer GTX Corp during its passage from an early stage company to a corporation on the global stage.”
Dr. Amelio brings to GTX over 35 years of experience in the technology sector. Not only has he held a number of executive positions with high-tech firms, including Chairman and CEO of Apple Computers, Chairman and President of National Semiconductor Corporation, and Chairman and President of Jazz Technologies, he has the technical know-how to advise the GTX management team. He has been awarded 16 patents, is an IEEE Fellow, and earned his Ph.D. from the Georgia Institute of Technology. Dr. Amelio has also been a co-author on three books: An American Imperative (1993), Product from Experience (1995) and On the Firing Line: My 500 Days at Apple (1998).
Patrick Bertagna, President and CEO of GTX, stated, “2-way GPS in concurrence with the proliferation of four billion cell phones represents a seismic shift in the marketplace. Subscribers want to receive and interact spontaneously to life’s circumstances.” Bertagna continued. “As GTX continues to architect its platform we look forward to working with Dr. Gil Amelio who has continuously transformed the technologically complex into widely adopted user friendly formats.”
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GTX, a developer of customizable two-way Global Positioning Systems (GPS) and Position Location Systems (PLS) applications, is now moving from development stage to production level. Since 2002, GTX has developed, patented, and integrated miniaturized cellular location-transmitting and GPS tracking technologies into a number of products. GTX plans to gain a share of the wireless marketplace by combining its broad intellectual property portfolio and product line with the latest location based solutions.
Alteon Capital Partners was recently retained by GTX to provide guidance during this period of growth. Dr. Gilbert Amelio, managing partner of Alteon, will take a lead role in advising GTX management on the deployment of the company’s products into the mobile market. The company first has plans to expand the presence of its Code Amber News Service (CANS). The CANS website currently reaches an audience of 1.8 billion people and is considered the leading Canadian and U.S. syndication of all state Amber Alerts.
GTX is also on the cusp of launching its latest product, LOCi Mobile™, and Dr. Amelio will actively provide guidance on its release. LOCi Mobile™ will offer consumers a suite of downloadable and customizable applications that will transform 150 models of GPS-enabled devices from one-way navigation GPS mobile units into two-way GPS/PLS transceivers.
“As GTX Corp approaches the tipping point of readiness in consumer adoption, I am enthusiastic about being a part of this next wave of consumer PLS applications. Allowing users to customize and personalize geo-location information opens up a tremendous marketplace,” Dr. Amelio recently stated. “This expanded capability should make 2-way GPS ubiquitous. GTX Corp’s ability to license a customizable platform will address the healthy and ramping demand for these applications. Now that the company has harnessed this unique technology, I welcome the opportunity to help steer GTX Corp during its passage from an early stage company to a corporation on the global stage.”
Dr. Amelio brings to GTX over 35 years of experience in the technology sector. Not only has he held a number of executive positions with high-tech firms, including Chairman and CEO of Apple Computers, Chairman and President of National Semiconductor Corporation, and Chairman and President of Jazz Technologies, he has the technical know-how to advise the GTX management team. He has been awarded 16 patents, is an IEEE Fellow, and earned his Ph.D. from the Georgia Institute of Technology. Dr. Amelio has also been a co-author on three books: An American Imperative (1993), Product from Experience (1995) and On the Firing Line: My 500 Days at Apple (1998).
Patrick Bertagna, President and CEO of GTX, stated, “2-way GPS in concurrence with the proliferation of four billion cell phones represents a seismic shift in the marketplace. Subscribers want to receive and interact spontaneously to life’s circumstances.” Bertagna continued. “As GTX continues to architect its platform we look forward to working with Dr. Gil Amelio who has continuously transformed the technologically complex into widely adopted user friendly formats.”
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Sector 10 Inc. (SECT.OB) Sales Increase; Approval of New Sales Distributor
Sector 10 Inc. announced this morning that the company has sold additional MRU-OH units in California and has approved a new sales distributor that will support MRU-OH sales and distribution.
An Independent Sales Distributor Agreement was signed by Sector 10 with Building Specialties of Redmond, Washington and their related companies Building Specialties of Boise, Idaho and Capitol Building Materials of Salt Lake City, Utah. Through this agreement, Sector 10’s products will be distributed within the states of Washington, Idaho and Utah. The new sales distributor is listing the product as a “must have occupational tool.”
Sector 10, Inc.’s original product, the MRU, was originally intended for the construction trade and occupational markets. The Product Features Include: eyewash, potable water, hand-wash, postings panel, soap and cup dispenser, garbage refuse, water delivery and recovery systems, compartments for fall protection, electrical TAG programs, MSDS, and Safety Program folders, a foldout plan or command table, forklift and crane lift points, lockable wheels and many other features that help meet and mitigate OSHA, EPA, NIOSH and many other related occupational hazard requirements.
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An Independent Sales Distributor Agreement was signed by Sector 10 with Building Specialties of Redmond, Washington and their related companies Building Specialties of Boise, Idaho and Capitol Building Materials of Salt Lake City, Utah. Through this agreement, Sector 10’s products will be distributed within the states of Washington, Idaho and Utah. The new sales distributor is listing the product as a “must have occupational tool.”
Sector 10, Inc.’s original product, the MRU, was originally intended for the construction trade and occupational markets. The Product Features Include: eyewash, potable water, hand-wash, postings panel, soap and cup dispenser, garbage refuse, water delivery and recovery systems, compartments for fall protection, electrical TAG programs, MSDS, and Safety Program folders, a foldout plan or command table, forklift and crane lift points, lockable wheels and many other features that help meet and mitigate OSHA, EPA, NIOSH and many other related occupational hazard requirements.
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eDOORWAYS Corp. (EDWY.OB) Regains OTCBB Status
eDOORWAYS announced today that its application with FINRA (Financial Industry Regulatory Authority) to return to the OTCBB has been accepted. Gary Kimmons, CEO of eDOORWAYS Corporation, commented, “I’ve said it before, moving back to the OTCBB has long been a goal for the company. Today, we are just elated to be back. We could not have asked for a better surprise.”
Kimmons added, “Currently, I think we’re in pretty good shape. Our financial position is strengthening. Shareholder value appears to be continually improving. New investment opportunities are presenting themselves. And most importantly, our brand is just about ready to engage and bring a whole new world to the web. Once the matter of the 10K is resolved, we’ll excitedly look forward to announcing the launch date sometime during the second quarter of 09. I’d say, in my opinion, the company’s outlook is positive.”
Those close to eDOORWAYS believe the move to the Bulletin Boards may assist in achieving long term goals. Returning to the OTCBB market was just one of the goals met by the company this year. Successful debt restructuring, achieving “current” status and the initial 15C-211 filing have served as evidence of the company’s aggressive pursuit as it strives to become the ultimate gateway for businesses and consumers to exchange ideas, services and products in a social networking environment.
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Kimmons added, “Currently, I think we’re in pretty good shape. Our financial position is strengthening. Shareholder value appears to be continually improving. New investment opportunities are presenting themselves. And most importantly, our brand is just about ready to engage and bring a whole new world to the web. Once the matter of the 10K is resolved, we’ll excitedly look forward to announcing the launch date sometime during the second quarter of 09. I’d say, in my opinion, the company’s outlook is positive.”
Those close to eDOORWAYS believe the move to the Bulletin Boards may assist in achieving long term goals. Returning to the OTCBB market was just one of the goals met by the company this year. Successful debt restructuring, achieving “current” status and the initial 15C-211 filing have served as evidence of the company’s aggressive pursuit as it strives to become the ultimate gateway for businesses and consumers to exchange ideas, services and products in a social networking environment.
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Stem Cell Therapy International, Inc. (SCII.OB) Prepared to Repeat Histostem’s Success in South Korea on an International Scale
Stem Cell Therapy International, Inc. - soon to be known as AmStem International after merging with Histostem Ltd, of South Korea – was proud to announce this morning that the company is now ready to replicate, on an international scale, the successful Stem Cell Leadership Program developed by Dr. Hoon Han in South Korea. Stem Cell Therapy and Histostem Ltd. management will work together to establish a dynamic system of stem cell collection, storage, research and therapeutic services, based on the proven success of Histostem, Ltd. in Asia.
“We will be creating a mentoring system from AmStem’s proprietary technologies (as acquired from Histostem Ltd’s state-of-the-art facilities and accomplished clinical successes) to launch a program of leadership and replication that will exponentially increase our revenue-producing and product development operations,” stated David Stark, President of AmStem International. “We already have our first amazing new product ready to roll out, which will be announced in the next few days,” he added, “And I have personally been negotiating with government officials and leading clinics in other countries; making excellent progress toward our mutual goals.”
“Our proven combination of cord blood collection and storage, ethically-based clinical trials, and therapeutic applications of promising technologies will be a boon to the economy of any country, and will allow us to make new scientific discoveries in collaboration with international stem cell leaders,” Stark added. “Basically, we will be replicating the incredible success that Histostem has had in South Korea; greatly expanding our revenue-producing and product development operations in a dynamic, modern, international setting.”
Histostem Ltd. operates the largest accredited cord blood and stem cell bank in the world, and is already successfully treating hundreds of patients with patented, Korean FDA-approved stem cell therapies developed from its own sources. Histostem is one of the few stem cell companies in the world that is generating a profit from its stem cell operations.
“To my knowledge, no other company in the world has the type of approval from its home country’s regulatory agencies that Histostem Ltd. has from the Korean FDA,” commented Mr. Stark. “This in effect gives us carte blanche to study the treatment of virtually any appropriate medical condition with stem cells as an approved ’surgical technique. We can use this precedent to seek similar approvals in other countries that want to come to the forefront of the international stem cell stage.”
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“We will be creating a mentoring system from AmStem’s proprietary technologies (as acquired from Histostem Ltd’s state-of-the-art facilities and accomplished clinical successes) to launch a program of leadership and replication that will exponentially increase our revenue-producing and product development operations,” stated David Stark, President of AmStem International. “We already have our first amazing new product ready to roll out, which will be announced in the next few days,” he added, “And I have personally been negotiating with government officials and leading clinics in other countries; making excellent progress toward our mutual goals.”
“Our proven combination of cord blood collection and storage, ethically-based clinical trials, and therapeutic applications of promising technologies will be a boon to the economy of any country, and will allow us to make new scientific discoveries in collaboration with international stem cell leaders,” Stark added. “Basically, we will be replicating the incredible success that Histostem has had in South Korea; greatly expanding our revenue-producing and product development operations in a dynamic, modern, international setting.”
Histostem Ltd. operates the largest accredited cord blood and stem cell bank in the world, and is already successfully treating hundreds of patients with patented, Korean FDA-approved stem cell therapies developed from its own sources. Histostem is one of the few stem cell companies in the world that is generating a profit from its stem cell operations.
“To my knowledge, no other company in the world has the type of approval from its home country’s regulatory agencies that Histostem Ltd. has from the Korean FDA,” commented Mr. Stark. “This in effect gives us carte blanche to study the treatment of virtually any appropriate medical condition with stem cells as an approved ’surgical technique. We can use this precedent to seek similar approvals in other countries that want to come to the forefront of the international stem cell stage.”
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Energy Composites Corp. (ENCC.OB) Launches WindFiber Program
Today, Energy Composites Corporation announced that it has launched its comprehensive WindFiber™ composites-in-wind-energy program. Sam Fairchild, ECC’s CEO, stated, “Our comprehensive strategy platform — which we have named WindFiber™ — brings us full square into delivering value across all three channels: manufacturing the advanced composite structures for wind energy systems; servicing the composite components of wind energy systems as a composites Maintenance, Repair and Overhaul (MRO) contractor to integrators and wind farm operators; and supplying composites-related raw materials and material and technology innovations to the wind energy sector.”
He added, “We believe that composites play an increasingly important role in driving financial success to wind farm development, and our integrated WindFiber™ approach will accelerate greater and more innovative use of composites in wind energy systems throughout North America. With WindFiber™, we are upping the game.”
Jamie Mancl, ECC’s founder and President, commented, “WindFiber™ includes our step-by-step rollout of our manufacturing program for blades, nacelles, nose cones, rotor components and, eventually, towers, including the construction of our new 350,000 square foot WindFiber™ blade manufacturing facility in Wisconsin Rapids. It includes the introduction of our growing portfolio of composite-related material, manufacturing and technology innovations that reduce the installed and life-cycle costs of wind energy systems, make them significantly more efficient, extend their useful life, and reduce their impact on the environment.”
Mancl continued, “WindFiber™ also covers the expansion of our nationwide 24/7 Field Services Division to include MRO services on wind blades, housings, and other composite components, where we can also deploy many of our advancements. Finally, WindFiber™ enables us to become a significant supplier of advanced raw materials and technologies to the wind energy sector as a whole, helping to drive down the cost and improve the performance of new and existing wind farms.”
Mary Jo Carson, Mayor of Wisconsin Rapids, reaffirmed her support by stating, “The City of Wisconsin Rapids is very pleased with this news. We know that this company will be a strong part of the future of our community.”
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He added, “We believe that composites play an increasingly important role in driving financial success to wind farm development, and our integrated WindFiber™ approach will accelerate greater and more innovative use of composites in wind energy systems throughout North America. With WindFiber™, we are upping the game.”
Jamie Mancl, ECC’s founder and President, commented, “WindFiber™ includes our step-by-step rollout of our manufacturing program for blades, nacelles, nose cones, rotor components and, eventually, towers, including the construction of our new 350,000 square foot WindFiber™ blade manufacturing facility in Wisconsin Rapids. It includes the introduction of our growing portfolio of composite-related material, manufacturing and technology innovations that reduce the installed and life-cycle costs of wind energy systems, make them significantly more efficient, extend their useful life, and reduce their impact on the environment.”
Mancl continued, “WindFiber™ also covers the expansion of our nationwide 24/7 Field Services Division to include MRO services on wind blades, housings, and other composite components, where we can also deploy many of our advancements. Finally, WindFiber™ enables us to become a significant supplier of advanced raw materials and technologies to the wind energy sector as a whole, helping to drive down the cost and improve the performance of new and existing wind farms.”
Mary Jo Carson, Mayor of Wisconsin Rapids, reaffirmed her support by stating, “The City of Wisconsin Rapids is very pleased with this news. We know that this company will be a strong part of the future of our community.”
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Small Cap Voice Featured Company: Lifespan, Inc. (LSPN.PK)
The Lifespan Corporation was founded to develop and guide feasible, economically viable business projects to a profitable and timely conclusion. The company, through its technological expertise, joint venture relationships and strategic alliances, has positioned itself to become a leading provider of Internet based medical diagnostic and testing products.
Advanced Medical Devices, which has been in development for over 10 years, was acquired by Lifespan several years ago. The project is committed to becoming the leading provider of Internet based home medical information, testing, evaluation, and diagnostic products utilizing Internet access devices in partnership with the medical community. With the recent developments in technology and the U.S. Healthcare, the project is now ready for launch.
The company’s medical evaluation system and products provide a broad array of alternatives to those who could not otherwise obtain crucial testing and immediate evaluation of their medical condition. The integrated system will provide solutions to the problems plaguing healthcare providers and insurers by significantly decreasing the cost of quality healthcare; increasing the quality of healthcare; and providing an efficient and user friendly mechanism by which physicians can monitor a large number of patients in a timely and cost efficient manner.
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Advanced Medical Devices, which has been in development for over 10 years, was acquired by Lifespan several years ago. The project is committed to becoming the leading provider of Internet based home medical information, testing, evaluation, and diagnostic products utilizing Internet access devices in partnership with the medical community. With the recent developments in technology and the U.S. Healthcare, the project is now ready for launch.
The company’s medical evaluation system and products provide a broad array of alternatives to those who could not otherwise obtain crucial testing and immediate evaluation of their medical condition. The integrated system will provide solutions to the problems plaguing healthcare providers and insurers by significantly decreasing the cost of quality healthcare; increasing the quality of healthcare; and providing an efficient and user friendly mechanism by which physicians can monitor a large number of patients in a timely and cost efficient manner.
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Monday, March 30, 2009
GreenChek Technology, Inc. (GCHK.OB) Offers Simple Solution for Biggest Problem
GreenCheck Technology, Inc. has a solution for what could be the century’s biggest problem. Over and above immediate concerns about the economy, and other ongoing social/organizational issues, looms the increasing sense that we are rapidly losing control of our physical world. The biggest single variable in the world, our climate, is becoming a runaway train. To make matters worse, the common answers being proposed are bogged down in controversy, which is understandable since they usually involve commitments of decades and billions of dollars.
Enter GreenChek Technology, a San Francisco based emissions reduction technology company, and key player in the emerging field of Onboard Hydrogen Generation and Injection, OHGI. GreenCheck’s patent pending OHGI system provides an immediate way that all types of vehicles, from cars and trucks to locomotives and ships, can dramatically reduce greenhouse gas emissions, the prime suspect in global warming. It’s immediate because the technology doesn’t require development and investment in huge new energy distribution systems. Nor does it require a major industrial overhaul in the production of new vehicles, or years of waiting for the replacement of existing vehicles.
GreenChek’s OHGI system is available now, ready for installation on existing vehicles, a retrofit that is already being targeted at commercial trucking fleets and locomotives, two of the biggest emission sources. The deceptively simple onboard system extracts hydrogen from water, and injects it into the combustion process, significantly improving burn efficiency and reducing emissions by as much as 50%. As if that weren’t enough, the system has the important side benefit of boosting fuel economy.
Today, with governments all over the world anticipating continually tightening emission restrictions, and rewarding compliant companies with a variety of financial incentives, GreenChek sees its market as virtually any vehicle on the planet that uses an internal combustion engine. Of primary initial interest is the trucking industry, the source of nearly 30% of worldwide global greenhouse gas output, along with the locomotive industry, another big polluter. Both industries are faced with the new European Union regulatory requirements aimed at:
• Reducing emissions
• Increasing fuel efficiency
• Reducing energy expenditures and increasing profitability
GreenChek’s OHGI technology addresses all three of these goals, and is available now. It’s why GreenChek has positioned itself to be the preeminent company in this new world industry.
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Enter GreenChek Technology, a San Francisco based emissions reduction technology company, and key player in the emerging field of Onboard Hydrogen Generation and Injection, OHGI. GreenCheck’s patent pending OHGI system provides an immediate way that all types of vehicles, from cars and trucks to locomotives and ships, can dramatically reduce greenhouse gas emissions, the prime suspect in global warming. It’s immediate because the technology doesn’t require development and investment in huge new energy distribution systems. Nor does it require a major industrial overhaul in the production of new vehicles, or years of waiting for the replacement of existing vehicles.
GreenChek’s OHGI system is available now, ready for installation on existing vehicles, a retrofit that is already being targeted at commercial trucking fleets and locomotives, two of the biggest emission sources. The deceptively simple onboard system extracts hydrogen from water, and injects it into the combustion process, significantly improving burn efficiency and reducing emissions by as much as 50%. As if that weren’t enough, the system has the important side benefit of boosting fuel economy.
Today, with governments all over the world anticipating continually tightening emission restrictions, and rewarding compliant companies with a variety of financial incentives, GreenChek sees its market as virtually any vehicle on the planet that uses an internal combustion engine. Of primary initial interest is the trucking industry, the source of nearly 30% of worldwide global greenhouse gas output, along with the locomotive industry, another big polluter. Both industries are faced with the new European Union regulatory requirements aimed at:
• Reducing emissions
• Increasing fuel efficiency
• Reducing energy expenditures and increasing profitability
GreenChek’s OHGI technology addresses all three of these goals, and is available now. It’s why GreenChek has positioned itself to be the preeminent company in this new world industry.
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While Recent Studies Find Domestic Terrorism Still a Real Threat – Sector 10, Inc. (SECT.OB) Continues to Supply Innovative Survival Tools
After the attack on September 11, 2001, Americans became more aware of the threat of terrorism. Right after the attack, many citizens took action to become more prepared by stockpiling food and water. Other citizens became more involved by joining local response teams that trained for catastrophic events. But now after over seven years, our nation is still not yet prepared for terrorist acts.
British authorities released a six-year study last week highlighting a number of changes that have occurred since the attack on American soil. The report indicates that rather than remain as one organization, al-Qaida will most likely splinter into a number of smaller groups. Dr. Marvin Cetron, founder of Forecasting International, a group that advises American counter-terrorism agencies, stated, “Al-Qaida is finding out they can do better with small groups, people who are raised in the country itself, not people who are coming from Islamic lands.” Cetron stated further that these “home-grown” terrorists would more easily fit in and be able to move freely within the general population.
The British study supported another report released in November by the Nuclear Threat Initiative (NTI) that indicated that terrorists could steal materials needed to create a weapon of mass destruction (WMD). According to the 2008 report, the Obama administration would “face a world in which the danger that terrorists could get and use a nuclear bomb remains very real.” The NTI found that some stockpiles of bomb-grade material overseas are not being held in secure facilities.
Terrorists do not necessarily have to manufacture a traditional nuclear device to create a level of devastation. To build a sophisticated “dirty bomb”, al-Qaida could utilize the technology of the improvised explosive devices (IEDs) used in Iraq and Afghanistan that has advanced significantly over the last 15 years.
In light of these recent reports, you would think that news organizations would be providing everyday citizens with these stark findings about the changes in terrorism. Americans need to be more vigilant and more vocal about being prepared for the possibility of an attack. While citizens can take personal responsibility to store food and other supplies at home, they should also find out if their workplaces are geared up for a domestic incident.
Sector 10, Inc. (SECT.OB) has a number of Stationary Response Units (SRU) that can easily be placed in any building or sports complex to increase people’s ability to survive during an attack. The SRU’s are equipped with specialized gas masks, medical supplies, a two-way communication system, and other important supplies that will enable occupants to breathe easier and communicate with first response teams.
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British authorities released a six-year study last week highlighting a number of changes that have occurred since the attack on American soil. The report indicates that rather than remain as one organization, al-Qaida will most likely splinter into a number of smaller groups. Dr. Marvin Cetron, founder of Forecasting International, a group that advises American counter-terrorism agencies, stated, “Al-Qaida is finding out they can do better with small groups, people who are raised in the country itself, not people who are coming from Islamic lands.” Cetron stated further that these “home-grown” terrorists would more easily fit in and be able to move freely within the general population.
The British study supported another report released in November by the Nuclear Threat Initiative (NTI) that indicated that terrorists could steal materials needed to create a weapon of mass destruction (WMD). According to the 2008 report, the Obama administration would “face a world in which the danger that terrorists could get and use a nuclear bomb remains very real.” The NTI found that some stockpiles of bomb-grade material overseas are not being held in secure facilities.
Terrorists do not necessarily have to manufacture a traditional nuclear device to create a level of devastation. To build a sophisticated “dirty bomb”, al-Qaida could utilize the technology of the improvised explosive devices (IEDs) used in Iraq and Afghanistan that has advanced significantly over the last 15 years.
In light of these recent reports, you would think that news organizations would be providing everyday citizens with these stark findings about the changes in terrorism. Americans need to be more vigilant and more vocal about being prepared for the possibility of an attack. While citizens can take personal responsibility to store food and other supplies at home, they should also find out if their workplaces are geared up for a domestic incident.
Sector 10, Inc. (SECT.OB) has a number of Stationary Response Units (SRU) that can easily be placed in any building or sports complex to increase people’s ability to survive during an attack. The SRU’s are equipped with specialized gas masks, medical supplies, a two-way communication system, and other important supplies that will enable occupants to breathe easier and communicate with first response teams.
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Kraig Biocraft Laboratories, Inc. (KBLB.OB) Achieves Higher Levels of Transient Expression of Targeted DNA
Kraig Biocraft Laboratories, Inc. was very pleased to announce this morning that scientists working in the company’s sponsored research program at the University of Notre Dame have significantly increased the number and proportion of DNA insertions that yield transient expression of the company’s targeted marker protein.
“These results, which are occurring in the latest generation of genetic insertions performed in the laboratory, are very exciting, and we believe that it is further evidence that the research team is on the right track,” commented CEO Kim K. Thompson.
This increase is in both absolute numbers and in the percentage of insertions, which ultimately result in the expression. This morning’s news follows closely on the heels of other progress reports, announcing to investors the significant achievements made over the last six months.
“This is the first time we have seen the number of DNA insertions yielding transient expression reach the triple digits. We do seem to be in a state of acceleration in terms of the pace of laboratory achievement,” added Mr. Thompson.
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“These results, which are occurring in the latest generation of genetic insertions performed in the laboratory, are very exciting, and we believe that it is further evidence that the research team is on the right track,” commented CEO Kim K. Thompson.
This increase is in both absolute numbers and in the percentage of insertions, which ultimately result in the expression. This morning’s news follows closely on the heels of other progress reports, announcing to investors the significant achievements made over the last six months.
“This is the first time we have seen the number of DNA insertions yielding transient expression reach the triple digits. We do seem to be in a state of acceleration in terms of the pace of laboratory achievement,” added Mr. Thompson.
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Reed’s, Inc. (REED) Reports Record Revenues for 2008
Reed’s, Inc., manufacturer of top-selling sodas in natural food stores nationwide, today announced its financial results for the year ended December 31, 2008. Compared to 2007 results, net sales increased 17% to $15.3 million; gross margin expanded 700 basis points to over 22%; and gross profit increased 68% to $3.4 million.
The company anticipates an even stronger 2009, projecting gross profit improvements of 20%-40%, a further reduction in operating expenses, and operating cash flow of breakeven by the end of the year as a result of gross profit expansion and additional operating expense savings.
Chris Reed, Founder and CEO stated, “Our success in natural foods is transitioning to the mainstream and it is showing in our financial results. Our Company is currently being valued at less than one times revenues, while, as recently as December 2008 private beverage companies were receiving two to three times revenues in sales transactions; and, in spring of 2007 Glaceau, the maker of Vitamin Water, sold in a cash deal valued at $4.1 billion, which is over 11 times its prior year revenues.”
He added, “Reed’s products are premium products. As we continue to grow, we believe the market will recognize the strength of our brand, and will value our company accordingly. In the meantime we will continue to move our company forward to add value for our shareholders.”
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The company anticipates an even stronger 2009, projecting gross profit improvements of 20%-40%, a further reduction in operating expenses, and operating cash flow of breakeven by the end of the year as a result of gross profit expansion and additional operating expense savings.
Chris Reed, Founder and CEO stated, “Our success in natural foods is transitioning to the mainstream and it is showing in our financial results. Our Company is currently being valued at less than one times revenues, while, as recently as December 2008 private beverage companies were receiving two to three times revenues in sales transactions; and, in spring of 2007 Glaceau, the maker of Vitamin Water, sold in a cash deal valued at $4.1 billion, which is over 11 times its prior year revenues.”
He added, “Reed’s products are premium products. As we continue to grow, we believe the market will recognize the strength of our brand, and will value our company accordingly. In the meantime we will continue to move our company forward to add value for our shareholders.”
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Juma Technology Corp. (JUMT.OB) Reports Earnings Results for 2008
Juma Technology Corp., a leading IP Convergence firm, announced its financial results for the full year ended December 31, 2008. Revenues for the year increased $8,783,689, or 70%, to $21,370,692, compared with the previous year’s revenues of $12,587,003. Gross margin for 2008 increased $2,335,325, or 154%, to $3,851,396, compared to the previous year’s $1,516,071. Although the company recorded a net loss of $9,031,143 for 2008, it was a significant improvement over 2007’s net loss of $15,861,359.
“Juma’s impressive year end earnings represent a strong validation for our company, its vision and our ability to execute flawlessly on our business plan,” stated Anthony M. Servidio, Chairman and Chief Executive Officer. “Our enormous growth and progress during these tough economic times is a true accomplishment. Every day, we continue to add new customers, sign on additional reseller partners, and increase our market presence and sales reach.”
“Our 2008 financial performance is extremely encouraging,” added Anthony Fernandez, Chief Financial Officer. “We continue to improve operational efficiencies, increase our gross margin and reduce our overall net loss.”
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“Juma’s impressive year end earnings represent a strong validation for our company, its vision and our ability to execute flawlessly on our business plan,” stated Anthony M. Servidio, Chairman and Chief Executive Officer. “Our enormous growth and progress during these tough economic times is a true accomplishment. Every day, we continue to add new customers, sign on additional reseller partners, and increase our market presence and sales reach.”
“Our 2008 financial performance is extremely encouraging,” added Anthony Fernandez, Chief Financial Officer. “We continue to improve operational efficiencies, increase our gross margin and reduce our overall net loss.”
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Ethos Environmental, Inc. (ETEV.OB) Improves Proprietary Fuel Catalyst Blend, Commences Stringent Testing
Ethos Environmental, Inc. announced today that it has improved its flagship fuel catalyst by adding an additional ingredient. The new product has been branded under the label EthosFR+.
CEO Corey P. Schlossmann commented, “The new EthosFR+ formula will continue to have its existing compounds, however we have added a new ingredient that we believe dramatically bolsters the product’s performance in gas and diesel engines.”
The efficacies of this new blend are currently being tested at the California Environmental Engineering (CEE) Laboratory - Center for Environmental Research in Santa Ana, California. This laboratory is Environmental Protection Agency (EPA) recognized and California Air Resources Board (CARB) certified.
The tests will be conducted on a Cummins QSM-11 400 HP heavy duty diesel engine on a heavy duty engine dynamometer in compliance with Federal Regulations. Testing will include establishing a baseline for average tailpipe emissions, horse power and fuel economy. EthosFR+ will then be added to the engines so the results can be compared to the baseline.
“This particular CEE test runs the engine at constant speeds and grades using controlled lab fuel which is extremely clean. These are the among the most challenging test conditions for EthosFR+. Our formula needs to show dramatic improvement to truly prove the efficacies of the new and improved EthosFR+,” Schlossmann stated.
Schlossmann added, “Acquiring positive results from an EPA recognized and CARB certified lab, like CEE, will verify with a high level of confidence the validity of the new EthosFR+ blend and its high probability for continual improvement with constant use.”
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CEO Corey P. Schlossmann commented, “The new EthosFR+ formula will continue to have its existing compounds, however we have added a new ingredient that we believe dramatically bolsters the product’s performance in gas and diesel engines.”
The efficacies of this new blend are currently being tested at the California Environmental Engineering (CEE) Laboratory - Center for Environmental Research in Santa Ana, California. This laboratory is Environmental Protection Agency (EPA) recognized and California Air Resources Board (CARB) certified.
The tests will be conducted on a Cummins QSM-11 400 HP heavy duty diesel engine on a heavy duty engine dynamometer in compliance with Federal Regulations. Testing will include establishing a baseline for average tailpipe emissions, horse power and fuel economy. EthosFR+ will then be added to the engines so the results can be compared to the baseline.
“This particular CEE test runs the engine at constant speeds and grades using controlled lab fuel which is extremely clean. These are the among the most challenging test conditions for EthosFR+. Our formula needs to show dramatic improvement to truly prove the efficacies of the new and improved EthosFR+,” Schlossmann stated.
Schlossmann added, “Acquiring positive results from an EPA recognized and CARB certified lab, like CEE, will verify with a high level of confidence the validity of the new EthosFR+ blend and its high probability for continual improvement with constant use.”
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MagneGas Corp. (MNGA.OB) Opens Equipment Sales Channel with First Manufacturer’s Rep Agreement
MagneGas Corporation, a producer of a metal cutting fuel and natural gas alternative made from liquid waste, announced before the opening bell that it has signed its first manufacturer’s rep agreement. The agreement with Pennsylvania-based George KELSO Company, LLC (”KELSO”) immediately opens an equipment sales channel to much of the Mid-Atlantic Region, including southern New Jersey, eastern Pennsylvania, Maryland, Delaware, Washington D.C. and its five surrounding counties.
KELSO will now be selling all base equipment, peripherals and by-products associated with the MagneGas Plasma Arc Flow(TM) technology to municipalities and other industrial end users such as manufacturing companies. The first objective of the KELSO campaign will be to establish a demonstration center at a sewage treatment facility converting sewage into MagneGas(TM) fuel.
“No technology, even the most innovative and timely, will sell itself — an evolutionary product needs a champion with an established presence, loyal customers and industry expertise. We have aligned ourselves with precisely that in the KELSO Company,” stated MagneGas President Richard Connelly. “With a 61-year operating history and over 30 years in the municipal wastewater area, KELSO is tailor made for the introduction and sell-through of the MagneGas(TM) Technology. Their territory is among the most densely populated in the country, and therefore in dire need of recycling liquid waste while producing a clean burning American fuel. We have strategically selected an introductory market with high potential demand, and a sales partner that has an established track record and proven results.”
KELSO CEO Joe Voss commented, “Being a manufacturer’s representative, the George KELSO Company, LLC has brought many new products and systems to market. We are constantly looking for new and innovative ways to satisfy our customers’ needs. We see the MagneGas waste-to-energy Plasma Arc Flow(TM) technology as a groundbreaking product with tremendous customer benefits. It has been a long time since we have seen such a leap forward in technology and we are extremely energized about the market potential for such a revolutionary system.”
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KELSO will now be selling all base equipment, peripherals and by-products associated with the MagneGas Plasma Arc Flow(TM) technology to municipalities and other industrial end users such as manufacturing companies. The first objective of the KELSO campaign will be to establish a demonstration center at a sewage treatment facility converting sewage into MagneGas(TM) fuel.
“No technology, even the most innovative and timely, will sell itself — an evolutionary product needs a champion with an established presence, loyal customers and industry expertise. We have aligned ourselves with precisely that in the KELSO Company,” stated MagneGas President Richard Connelly. “With a 61-year operating history and over 30 years in the municipal wastewater area, KELSO is tailor made for the introduction and sell-through of the MagneGas(TM) Technology. Their territory is among the most densely populated in the country, and therefore in dire need of recycling liquid waste while producing a clean burning American fuel. We have strategically selected an introductory market with high potential demand, and a sales partner that has an established track record and proven results.”
KELSO CEO Joe Voss commented, “Being a manufacturer’s representative, the George KELSO Company, LLC has brought many new products and systems to market. We are constantly looking for new and innovative ways to satisfy our customers’ needs. We see the MagneGas waste-to-energy Plasma Arc Flow(TM) technology as a groundbreaking product with tremendous customer benefits. It has been a long time since we have seen such a leap forward in technology and we are extremely energized about the market potential for such a revolutionary system.”
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BDGW: Management Discusses Latest Acquisition and Future Growth Plans
CEO Jim Can of Budget Waste Inc. (PINKSHEETS: BDGW) announces a recent article in the January 11, 2007, edition of the Knobias Smallcap ClipReport newsletter on page 1.
The complete text of the article follows:
Budget Waste Inc. (PINKSHEETS: BDGW) has finalized the acquisition of all assets and client lists of A&R Waste. This expands the Company’s position in the south/central Alberta rural market. A&R Waste has been servicing clients in the area for 20 years and has a strong position in industrial, front load, curbside, and rural residential operations.
VP of Strategic Development, Mike Kolankowski, told Knobias on Wednesday, “We are not able to disclose the financial terms of the agreement at this time, but the acquisition of A&R Waste provides us with an opportunity to capitalize on the growth in the region just north of Calgary. It also allows us to streamline our rural operations.”
Budget Waste provides complete waste and recycling services to oilfield, commercial, industrial, construction, homebuilding and residential clients.
Mr. Kolankowski explained, “Our services are perfect for construction and remodeling projects, estate clean-ups, demolition jobs, special events or any other short-term endeavor. Our services include bins and roll-off containers in a variety of sizes to fit temporary waste needs.”
Mr. Kolankowski noted, “We have positioned ourselves as one of the largest roll-off waste haulers in the Calgary market.”
He commented, “The advantage that we provide over our competitors is that we are the only company that offers a one-stop shop waste solution for our customers. We provide everything including waste hauling, recycling, site clean-up, portable toilets, septic services and fences.”
Over the past 6 month, Budget Waste has completed the acquisition of ten companies and has recently signed Letters of Intent with four more.
The Company recently announced a letter of intent with 4M Water Hauling Ltd. an oilfield services company. 4M has provided water hauling services for Alberta’s oilfield industry for over 7 years. 4M also offers road spraying services, parking lot washing, fire fighting equipment, and potable and fresh water services to the oilfield, forestry and mining sectors.
“This move will strengthen BWI’s presence in Alberta’s booming oilfield sector. One of our current customers is a pretty big player in this industry, and this sector could become a significant part of our focus due to its dynamic growth in this region.
“We will continue to aggressively pursue an acquisition strategy to become the largest provider of waste solutions in North America.”
In 2005, the Company reported annual revenues of $1.2 million and assets of approximately $400,000. Given past performance, current market activity and year-to-date revenues of over $7 million, the Company estimates that it will generate revenues of over $10 million, with current assets with a market value of over $8 million.
Mr. Kolankowski concluded, “We have accelerated our growth strategy through acquisitions and expansion of existing services to take advantage of Alberta’s hot economy. Based on the current market, our activity level and recent month end results, we are on track to meet or surpass an 800% growth forecast.”
The Company also recently announced a forward split in the form of a dividend of one share for each two shares outstanding. (End of Article)
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The complete text of the article follows:
Budget Waste Inc. (PINKSHEETS: BDGW) has finalized the acquisition of all assets and client lists of A&R Waste. This expands the Company’s position in the south/central Alberta rural market. A&R Waste has been servicing clients in the area for 20 years and has a strong position in industrial, front load, curbside, and rural residential operations.
VP of Strategic Development, Mike Kolankowski, told Knobias on Wednesday, “We are not able to disclose the financial terms of the agreement at this time, but the acquisition of A&R Waste provides us with an opportunity to capitalize on the growth in the region just north of Calgary. It also allows us to streamline our rural operations.”
Budget Waste provides complete waste and recycling services to oilfield, commercial, industrial, construction, homebuilding and residential clients.
Mr. Kolankowski explained, “Our services are perfect for construction and remodeling projects, estate clean-ups, demolition jobs, special events or any other short-term endeavor. Our services include bins and roll-off containers in a variety of sizes to fit temporary waste needs.”
Mr. Kolankowski noted, “We have positioned ourselves as one of the largest roll-off waste haulers in the Calgary market.”
He commented, “The advantage that we provide over our competitors is that we are the only company that offers a one-stop shop waste solution for our customers. We provide everything including waste hauling, recycling, site clean-up, portable toilets, septic services and fences.”
Over the past 6 month, Budget Waste has completed the acquisition of ten companies and has recently signed Letters of Intent with four more.
The Company recently announced a letter of intent with 4M Water Hauling Ltd. an oilfield services company. 4M has provided water hauling services for Alberta’s oilfield industry for over 7 years. 4M also offers road spraying services, parking lot washing, fire fighting equipment, and potable and fresh water services to the oilfield, forestry and mining sectors.
“This move will strengthen BWI’s presence in Alberta’s booming oilfield sector. One of our current customers is a pretty big player in this industry, and this sector could become a significant part of our focus due to its dynamic growth in this region.
“We will continue to aggressively pursue an acquisition strategy to become the largest provider of waste solutions in North America.”
In 2005, the Company reported annual revenues of $1.2 million and assets of approximately $400,000. Given past performance, current market activity and year-to-date revenues of over $7 million, the Company estimates that it will generate revenues of over $10 million, with current assets with a market value of over $8 million.
Mr. Kolankowski concluded, “We have accelerated our growth strategy through acquisitions and expansion of existing services to take advantage of Alberta’s hot economy. Based on the current market, our activity level and recent month end results, we are on track to meet or surpass an 800% growth forecast.”
The Company also recently announced a forward split in the form of a dividend of one share for each two shares outstanding. (End of Article)
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Kraig Biocraft Laboratories, Inc. (KBLB.OB) Achieves Higher Levels of Transient Expression of Targeted DNA
Kraig Biocraft Laboratories, Inc. was very pleased to announce this morning that scientists working in the company’s sponsored research program at the University of Notre Dame have significantly increased the number and proportion of DNA insertions that yield transient expression of the company’s targeted marker protein.
“These results, which are occurring in the latest generation of genetic insertions performed in the laboratory, are very exciting, and we believe that it is further evidence that the research team is on the right track,” commented CEO Kim K. Thompson.
This increase is in both absolute numbers and in the percentage of insertions, which ultimately result in the expression. This morning’s news follows closely on the heels of other progress reports, announcing to investors the significant achievements made over the last six months.
“This is the first time we have seen the number of DNA insertions yielding transient expression reach the triple digits. We do seem to be in a state of acceleration in terms of the pace of laboratory achievement,” added Mr. Thompson.
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“These results, which are occurring in the latest generation of genetic insertions performed in the laboratory, are very exciting, and we believe that it is further evidence that the research team is on the right track,” commented CEO Kim K. Thompson.
This increase is in both absolute numbers and in the percentage of insertions, which ultimately result in the expression. This morning’s news follows closely on the heels of other progress reports, announcing to investors the significant achievements made over the last six months.
“This is the first time we have seen the number of DNA insertions yielding transient expression reach the triple digits. We do seem to be in a state of acceleration in terms of the pace of laboratory achievement,” added Mr. Thompson.
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Friday, March 27, 2009
Small Cap Voice Featured Client: Defense Solutions, Inc. (DFSH.OB)
Established in 2001, Defense Solutions is an international project management, executive consulting, and business development firm headquartered in Exton, PA with branch and satellite offices on four continents. Defense Solutions is dedicated to delivering the world’s best solutions for service members who demand the best equipment, technology, and training, in performing their jobs with minimal risk to their lives and well being.
Defense Solutions has consulted with and worked for US Federal and State departments and agencies including, the White House, US Department of Defense, US Department of the Army, US Department of State, US Department of Homeland Security, US Department of Interior, and Pennsylvania General Assembly to devise and implement strategies supporting armed forces and civilian programs. In direct support of U.S.-led coalition efforts in Iraq, Defense Solutions has worked for international allied organizations like the Iraqi Ministry of Defense and North Atlantic Treaty Organization (NATO).
Defense Solutions’ European office maintains exclusive agreements with the Hungarian Ministry of Defense and Ukrainian Ministry of Defense to deliver several world class technologies and capabilities to U.S. and allied nations. The company’s primary offerings include new production and retrofit of armored and combat vehicles, spare parts, and ammunition, supported by end-to-end integrated logistics, training, and maintenance solutions.
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Defense Solutions has consulted with and worked for US Federal and State departments and agencies including, the White House, US Department of Defense, US Department of the Army, US Department of State, US Department of Homeland Security, US Department of Interior, and Pennsylvania General Assembly to devise and implement strategies supporting armed forces and civilian programs. In direct support of U.S.-led coalition efforts in Iraq, Defense Solutions has worked for international allied organizations like the Iraqi Ministry of Defense and North Atlantic Treaty Organization (NATO).
Defense Solutions’ European office maintains exclusive agreements with the Hungarian Ministry of Defense and Ukrainian Ministry of Defense to deliver several world class technologies and capabilities to U.S. and allied nations. The company’s primary offerings include new production and retrofit of armored and combat vehicles, spare parts, and ammunition, supported by end-to-end integrated logistics, training, and maintenance solutions.
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CTI Group Inc. (CTIG.OB) Posts 12-Month Financial Results, Posting Significant Increases in Revenue and Net Income
CTI Group Inc. (CTIG.OB) today announced its financial results for the year ended December 31, 2008, posting increases in revenues and profitability due to increased patent license fee and enforcement revenue. Revenues for the 12 months rose to $22.5 million, up from $21.3 million reported for the same period in 2007.
John Birbeck, CTI Group’s president and CEO, said the results signify the strength of the company’s business strategy.
“I am greatly encouraged by our reported increase in revenues and increased profitability for 2008 which demonstrates the benefits of our mixed services and license based business model in difficult times. We believe our strong performance better positions us to navigate the continuing challenging environment of 2009 and beyond,” Birbeck stated in the press release.
CTI Group is a global provider of electronic invoice processing and management, enterprise communications management software and services solutions, voice-over-Internet protocol (VoIP) applications. The company’s new VoIP technology is expected to generate revenue opportunities for service providers, while at the same time, making the change to next-generation platforms a seamless one.
According to Birbeck, it is a company effort to stay atop fresh products and technologies. European federal mandate that all financial institutions record their calls is expected to boost CTI Group’s product applications and demand as well.
“I believe, that the high level of innovation of our people continues to produce significant new products in E-Billing (EIM) and VoIP applications which positions us well to meet the growing demand of Telecom Service Providers expanding into fixed-mobile convergence,” Birbeck stated. “We expect that recent European legislation requiring all financial services companies to record calls will help drive demand of our SmartRecord® products in Europe and Middle East. Meanwhile the requirements of all telecoms companies to reduce costs and become more energy efficient are driving adoption of the online Analysis and Dynamic reports E-Billing products to replace paper and postage.”
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John Birbeck, CTI Group’s president and CEO, said the results signify the strength of the company’s business strategy.
“I am greatly encouraged by our reported increase in revenues and increased profitability for 2008 which demonstrates the benefits of our mixed services and license based business model in difficult times. We believe our strong performance better positions us to navigate the continuing challenging environment of 2009 and beyond,” Birbeck stated in the press release.
CTI Group is a global provider of electronic invoice processing and management, enterprise communications management software and services solutions, voice-over-Internet protocol (VoIP) applications. The company’s new VoIP technology is expected to generate revenue opportunities for service providers, while at the same time, making the change to next-generation platforms a seamless one.
According to Birbeck, it is a company effort to stay atop fresh products and technologies. European federal mandate that all financial institutions record their calls is expected to boost CTI Group’s product applications and demand as well.
“I believe, that the high level of innovation of our people continues to produce significant new products in E-Billing (EIM) and VoIP applications which positions us well to meet the growing demand of Telecom Service Providers expanding into fixed-mobile convergence,” Birbeck stated. “We expect that recent European legislation requiring all financial services companies to record calls will help drive demand of our SmartRecord® products in Europe and Middle East. Meanwhile the requirements of all telecoms companies to reduce costs and become more energy efficient are driving adoption of the online Analysis and Dynamic reports E-Billing products to replace paper and postage.”
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Small Cap Voice Featured Company: iB3 Networks, Inc. (IBNW.OB)
iB3 Networks, Inc. is a Microsoft Gold Certified Partner with a proven track record of delivering scalable hosting solutions, managed hosting, dedicated hosting and Co-location, world-class IT infrastructure, 100% uptime SLA and 24×7 FirstCall Support, help desk, design and implementation of networks, security and Internet monitoring, technical support, web development, application development, database development and support, wireless solutions, and is a certified reseller of Dell servers and PC’s.
The company’s business strategy is based on the successful strategies of previous technology and software companies. In 2007, iB3 Networks acquired iBeam Solutions, LLC, a Microsoft Gold Certified Partner IT company founded in 2000. As a part of iBeam acquisition, iB3 expanded its services to include scalable hosting solutions, managed hosting, dedicated hosting and Co-location, and became a comprehensive provider of technology solutions to businesses.
In February of 2009, iB3 Networks and iBeam Solutions together signed an agreement to exclusively operate a 10,000 square foot high availability, highly redundant data center that meets the criteria to be rated Tier4 N+1. As part to the agreement, all current customers (representing over $30,000 per month in recurring revenues) will be acquired by the Company. By the end of 2009, it is anticipated the facility will generate more than $100,000 a month in revenues.
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The company’s business strategy is based on the successful strategies of previous technology and software companies. In 2007, iB3 Networks acquired iBeam Solutions, LLC, a Microsoft Gold Certified Partner IT company founded in 2000. As a part of iBeam acquisition, iB3 expanded its services to include scalable hosting solutions, managed hosting, dedicated hosting and Co-location, and became a comprehensive provider of technology solutions to businesses.
In February of 2009, iB3 Networks and iBeam Solutions together signed an agreement to exclusively operate a 10,000 square foot high availability, highly redundant data center that meets the criteria to be rated Tier4 N+1. As part to the agreement, all current customers (representing over $30,000 per month in recurring revenues) will be acquired by the Company. By the end of 2009, it is anticipated the facility will generate more than $100,000 a month in revenues.
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GTX Corp (GTXO.OB) is Led by a Highly Experienced Management Team
Chairman and CEO Patrick Bertagna founded GTX Corp and co-invented the company’s patented GPS Footwear technology (US Patent No. 6,788,200). He has nearly three decades of experience building companies in both technology and consumer branded products. Mr. Bertagna is fluent in French and Spanish; has formed alliances with Fortune 500 companies; and has been a keynote speaker at numerous industry trade shows and conferences.
Chief Operating Officer Christopher M. Walsh is recognized as one of the premier production, sourcing and operations executives within the footwear and apparel industry. He began his career with Nike in 1974 and was responsible for establishing and implementing Nike’s first manufacturing operation in the Far East. He also served in leadership roles at Reebok International and LA Gear, and founded CW Resources, a Los Angeles based firm providing design, development, manufacturing and licensing consulting services to an extensive client base.
Chief Financial Officer Murray Williams spent over twenty years as a CPA in KPMG’s assurance practice. His specialty was financing of public offerings, mergers and acquisitions. Williams left KPMG to become a founding member of Buy.com where he developed the finance, legal, business development and Human Resource departments. He spearheaded Buy.com’s IPO and managed its overseas expansion. Williams left Buy.com in 2001 to become an active entrepreneur and joined GTX Corp a few years later.
Executive Vice President and General Counsel Mark Abdou has been practicing law more 10 years and brings extensive experience dealing with companies going through the process of building their organizations by providing access to an impressive rolodex of contacts and helping management build winning teams. His expertise includes: IPO and APO financings, reverse mergers with PIPE investments, mergers and acquisitions, venture capital and private equity financings, registered offerings, SEC compliance (10‐Q, 10‐K, etc.), corporate compliance and governance, employment, IP agreements, stock transfer and trading issues, and exchange listing requirements.
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Chief Operating Officer Christopher M. Walsh is recognized as one of the premier production, sourcing and operations executives within the footwear and apparel industry. He began his career with Nike in 1974 and was responsible for establishing and implementing Nike’s first manufacturing operation in the Far East. He also served in leadership roles at Reebok International and LA Gear, and founded CW Resources, a Los Angeles based firm providing design, development, manufacturing and licensing consulting services to an extensive client base.
Chief Financial Officer Murray Williams spent over twenty years as a CPA in KPMG’s assurance practice. His specialty was financing of public offerings, mergers and acquisitions. Williams left KPMG to become a founding member of Buy.com where he developed the finance, legal, business development and Human Resource departments. He spearheaded Buy.com’s IPO and managed its overseas expansion. Williams left Buy.com in 2001 to become an active entrepreneur and joined GTX Corp a few years later.
Executive Vice President and General Counsel Mark Abdou has been practicing law more 10 years and brings extensive experience dealing with companies going through the process of building their organizations by providing access to an impressive rolodex of contacts and helping management build winning teams. His expertise includes: IPO and APO financings, reverse mergers with PIPE investments, mergers and acquisitions, venture capital and private equity financings, registered offerings, SEC compliance (10‐Q, 10‐K, etc.), corporate compliance and governance, employment, IP agreements, stock transfer and trading issues, and exchange listing requirements.
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Universal Tracking Solutions, Inc. (UTRK.OB): Why GPS Fleet Tracking?
Universal Tracking Solutions is an enterprise solutions based provider of telemetry and GPS fleet tracking systems. The company’s mapping technology combines several of North America’s premier GPS mapping providers into one application, enabling detailed street level mapping in The U.S., Canada and Mexico. There are many reasons businesses would benefit from implementing GPS fleet tracking systems, and we will review those reasons below.
Reduce fuel costs – By tracking vehicles, companies can monitor the actual fuel consumption against what is being reported by the employee. Companies can also evade additional fuel costs by quickly setting up driving routes in advance (this includes ability to print turn by turn directions), further reducing both labor costs and fuel costs.
Increase productivity –Because employees know they are being monitored, there is a decrease in use of the vehicle for personal use or side jobs, again, decreasing fuel consumption and labor costs. A business can also benefit from knowing where a particular vehicle is in relation to a customer in case the customer calls and wants to know how soon someone will be there.
Improve accountability – No longer will businesses have to suspect employees of inflating their work hours or overtime hours, or have to deal with customers that complain they are being over billed. With a GPS fleet tracking system, companies can verify durations and work hours, allowing a reduction in labor costs and an increase in customer satisfaction.
Encourage safe driving – Not only does GPS fleet tracking technology provide the position of a tracked vehicle, but it also provides the speed and heading. This additional information can be used to avoid potential lawsuits caused by unsafe driving. Since employees know that they are being tracked, they will obey the speed limit and drive responsibly.
Theft recovery – Online GPS tracking of a business’s fleet will guarantee the return of any vehicle and avoid the monetary loss, both in vehicle cost and downtime. Instant alerts are available if equipment is moved after hours.
Vehicle maintenance management – The UTS GPS tracking system includes a maintenance management feature that tracks when a vehicle reaches manufacturer suggested mileage points. Their GPS fleet tracking system greatly assists with predictive maintenance as well, since fleet managers are able to see the problem as it develops, potentially resulting in savings of thousands of dollars.
With increased employee productivity, reduced overtime expenditure, reduced fuel costs, increased safety, reduced maintenance costs and increased customer satisfaction, it is no wonder the market for GPS fleet tracking systems is anticipated to experience rapid growth, even during this challenging economy. With businesses actively seeking to take cost savings to the next level, Universal Tracking Solutions is well positioned for further growth.
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Reduce fuel costs – By tracking vehicles, companies can monitor the actual fuel consumption against what is being reported by the employee. Companies can also evade additional fuel costs by quickly setting up driving routes in advance (this includes ability to print turn by turn directions), further reducing both labor costs and fuel costs.
Increase productivity –Because employees know they are being monitored, there is a decrease in use of the vehicle for personal use or side jobs, again, decreasing fuel consumption and labor costs. A business can also benefit from knowing where a particular vehicle is in relation to a customer in case the customer calls and wants to know how soon someone will be there.
Improve accountability – No longer will businesses have to suspect employees of inflating their work hours or overtime hours, or have to deal with customers that complain they are being over billed. With a GPS fleet tracking system, companies can verify durations and work hours, allowing a reduction in labor costs and an increase in customer satisfaction.
Encourage safe driving – Not only does GPS fleet tracking technology provide the position of a tracked vehicle, but it also provides the speed and heading. This additional information can be used to avoid potential lawsuits caused by unsafe driving. Since employees know that they are being tracked, they will obey the speed limit and drive responsibly.
Theft recovery – Online GPS tracking of a business’s fleet will guarantee the return of any vehicle and avoid the monetary loss, both in vehicle cost and downtime. Instant alerts are available if equipment is moved after hours.
Vehicle maintenance management – The UTS GPS tracking system includes a maintenance management feature that tracks when a vehicle reaches manufacturer suggested mileage points. Their GPS fleet tracking system greatly assists with predictive maintenance as well, since fleet managers are able to see the problem as it develops, potentially resulting in savings of thousands of dollars.
With increased employee productivity, reduced overtime expenditure, reduced fuel costs, increased safety, reduced maintenance costs and increased customer satisfaction, it is no wonder the market for GPS fleet tracking systems is anticipated to experience rapid growth, even during this challenging economy. With businesses actively seeking to take cost savings to the next level, Universal Tracking Solutions is well positioned for further growth.
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Broadwind Energy Inc. (BWEN.OB) Finds Considered Investments Contributing to Growth, Gears and Wind Power Turning Nicely Together
Industrial production and services have been one of the more affected sectors of the economy. There are, however, certain segments of the industrial base that are working productively to make a more positive future. Mechanical gearing products are one such area.
Broadwind Energy Inc. (BWEN.OB), an industrial products company, works to provide products and services to companies working in the mechanical manufacturing and wind energy industries. The company primarily offers manufacturing of gears and associated mechanical elements and services to maintain these products. Wind energy is a major focus of the company.
Although the industrial base of North America has been operating at a slower pace in the first part of 2009, Broadwind Energy has been moving forward with respectable results. Some might be correct in their assumptions that industrial type companies are finding difficult conditions, these same people, however, might find that Broadwind Energy is moving forward with a better than average return relative to the rest of the market.
From the beginning of 2008, the company’s Energy Services LLC acquisition and Brad Foote Gear Works first full year contribution have proven positive additions to the company. Brad Foote has contributed $98 million to the overall company position while the Energy Services portion of the company appears to be ready to capitalize on an increasing wind power position in the North American power system. Although capital expenditure may appear to be more aggressive in times of poor capital acquisition, the company’s overall plan appears to be intact for future growth.
Investments have been made with the future in mind. As industrial production and wind power begin to rebound as capital opportunities present themselves, Broadwind Energy will be ready for solid growth and possibly dominance in the fields of industrial gear manufacturing, tower and crane manufacturing and wind power services.
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Broadwind Energy Inc. (BWEN.OB), an industrial products company, works to provide products and services to companies working in the mechanical manufacturing and wind energy industries. The company primarily offers manufacturing of gears and associated mechanical elements and services to maintain these products. Wind energy is a major focus of the company.
Although the industrial base of North America has been operating at a slower pace in the first part of 2009, Broadwind Energy has been moving forward with respectable results. Some might be correct in their assumptions that industrial type companies are finding difficult conditions, these same people, however, might find that Broadwind Energy is moving forward with a better than average return relative to the rest of the market.
From the beginning of 2008, the company’s Energy Services LLC acquisition and Brad Foote Gear Works first full year contribution have proven positive additions to the company. Brad Foote has contributed $98 million to the overall company position while the Energy Services portion of the company appears to be ready to capitalize on an increasing wind power position in the North American power system. Although capital expenditure may appear to be more aggressive in times of poor capital acquisition, the company’s overall plan appears to be intact for future growth.
Investments have been made with the future in mind. As industrial production and wind power begin to rebound as capital opportunities present themselves, Broadwind Energy will be ready for solid growth and possibly dominance in the fields of industrial gear manufacturing, tower and crane manufacturing and wind power services.
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Gamma Pharmaceuticals, Inc.’s (GMPM.OB) Jugular(R) Receives Purchase Orders from Texas Distributor
Gamma Pharmaceuticals Inc. announced today that it has received purchase orders for its Jugular® brand Energy Products from Texas Liquid Energy Distributing Co. (TLED). The Texan distributor delivers to convenience stores (C-stores) and supermarket chain outlets with a significant presence in the San Antonio region. Gamma believes the brand promotion program with TLED will lead to sales totaling $1,500,000 within the first year.
Gamma’s CEO Peter Cunningham commented, “This is another key market opportunity for our Jugular® brand. The combination of Gamma’s innovative products and promotion programs, TLED’s distribution resources and existing customer base support should significantly expand Gamma’s revenue. C-stores get the highest daily foot traffic which is important now as the retail landscape changes. C-stores are becoming more like supermarkets, pharmacies are becoming more like C-stores and supermarkets now offer all categories of grocery, sundry and OTC pharmacy products.”
Gamma Pharmaceuticals Inc., a marketing and product formulation company, is focused on creating, registering and branding innovative product lines including Nutritional Supplements, Personal Care Products and Over-The-Counter (OTC) pharmaceuticals. Currently, the company manufactures in North America, and distributes in the United States and China. Gamma targets market categories that grow as rapidly as 60% per year.
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Gamma’s CEO Peter Cunningham commented, “This is another key market opportunity for our Jugular® brand. The combination of Gamma’s innovative products and promotion programs, TLED’s distribution resources and existing customer base support should significantly expand Gamma’s revenue. C-stores get the highest daily foot traffic which is important now as the retail landscape changes. C-stores are becoming more like supermarkets, pharmacies are becoming more like C-stores and supermarkets now offer all categories of grocery, sundry and OTC pharmacy products.”
Gamma Pharmaceuticals Inc., a marketing and product formulation company, is focused on creating, registering and branding innovative product lines including Nutritional Supplements, Personal Care Products and Over-The-Counter (OTC) pharmaceuticals. Currently, the company manufactures in North America, and distributes in the United States and China. Gamma targets market categories that grow as rapidly as 60% per year.
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Energy Composites Corp. (ENCC.OB) Becomes Member of American Wind Energy Association
Energy Composites Corp. (ECC) announced that it has joined the American Wind Energy Association, a trade association focused on promoting wind power growth through advocacy, communication and education. Sam Fairchild, ECC’s Chief Executive Officer, will be taking an active role in helping AWEA push its renewable energy agenda forward.
Mr. Fairchild commented, “AWEA is the national voice for the U.S. wind industry, with a strong record of success and an excellent portfolio of information and analytic resources available to its members. Membership in AWEA strengthens our launch platform for the Company’s wind energy strategy, including blade manufacturing and MRO services. Over the next several weeks we will share with investors each of the concrete steps we are taking to make that strategy a reality.”
He added, “ECC’s commitment to the wind market is very strong — we see composites playing a larger and larger role in the successful transformation of wind power as the nation’s alternative energy solution. ECC’s advancements in design, materials, production techniques and product technologies will provide us with a significant competitive edge as we roll out our wind market penetration strategy. We are also focused on expanding our field services capability to become a major player in composites maintenance, repair and overhaul for the wind sector.”
Jamie Mancl, ECC’s founder and President, stated, “I am confident that we can bring as much value to AWEA as we expect membership in the organization will bring to us. We believe that greater use of advanced composites in the wind energy supply chain will drive substantially higher financial returns to wind farm developers and greater value to the nation as a whole.”
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Mr. Fairchild commented, “AWEA is the national voice for the U.S. wind industry, with a strong record of success and an excellent portfolio of information and analytic resources available to its members. Membership in AWEA strengthens our launch platform for the Company’s wind energy strategy, including blade manufacturing and MRO services. Over the next several weeks we will share with investors each of the concrete steps we are taking to make that strategy a reality.”
He added, “ECC’s commitment to the wind market is very strong — we see composites playing a larger and larger role in the successful transformation of wind power as the nation’s alternative energy solution. ECC’s advancements in design, materials, production techniques and product technologies will provide us with a significant competitive edge as we roll out our wind market penetration strategy. We are also focused on expanding our field services capability to become a major player in composites maintenance, repair and overhaul for the wind sector.”
Jamie Mancl, ECC’s founder and President, stated, “I am confident that we can bring as much value to AWEA as we expect membership in the organization will bring to us. We believe that greater use of advanced composites in the wind energy supply chain will drive substantially higher financial returns to wind farm developers and greater value to the nation as a whole.”
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Spreadtrum Communications, Inc. (SPRD) Selected as Samsung’s New Chipset Supplier
Spreadtrum Communications, Inc. announced today that Samsung, a global leader in semiconductor, telecommunication, digital media and digital convergence technologies, has selected the company as a new chipset supplier. Spreadtrum’s QS520 GSM/GPRS and QS1001 EDGE transceivers have been designed into Samsung’s mobile phone models, which will be shipped internationally.
“We are very pleased that Samsung has selected Spreadtrum as a new chipset supplier,” commented Dr. Leo Li, Spreadtrum’s President & Chief Executive Officer. “We have developed competitive GSM/GPRS and EDGE transceivers, and it feels great to have a world-class customer confirm this. We will work with Samsung to achieve a smooth ramp-up of these products and cooperate with Samsung in future products.”
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“We are very pleased that Samsung has selected Spreadtrum as a new chipset supplier,” commented Dr. Leo Li, Spreadtrum’s President & Chief Executive Officer. “We have developed competitive GSM/GPRS and EDGE transceivers, and it feels great to have a world-class customer confirm this. We will work with Samsung to achieve a smooth ramp-up of these products and cooperate with Samsung in future products.”
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Cascadia Investments, Inc. (CDIV.PK) is “One to Watch”
Cascadia Investments, Inc., a publicly traded real estate company, is focused on selecting high-quality multi-family and residential properties and managing them to provide superior returns. These properties are often financially distressed (pre-foreclosure, foreclosure, or bank-owed) and have a reduced price. The company has experience producing high rental income by buying, renovating, and then selling or holding real estate, depending on the current market.
Because Cascadia Investments is a publicly traded entity and has access to equity markets, it enjoys a competitive advantage over other companies operating in the same geographical area. Many of these companies are similar to Cascadia Investments in style, but privately-held.
For the past decade, Cascadia Investments has dedicated its efforts in and around the Pacific Northwest USA. The company has developed a network of contacts in the Seattle-Tacoma real estate market, while developing a reputation for improving neighborhoods. By renovating distressed properties, Cascadia Investments is able to provide safe and affordable residences to neighbors, improving the quality of living in these areas.
President and CEO Nazir Maherali’s has spent the last seven years of his career acquiring and renovating under-valued properties for lease and resale, as well as purchasing undeveloped real estate for residential development and sale. Prior to that he raised capital and increased share volume for small-cap companies listed on Canadian, European, and US exchanges. He has served several companies in key executive positions and brings much expertise to Cascadia Investments.
In a recent press release, the company announced that their assets valued at approx. $2.7 million, comprised of 12 properties containing 25 rental units. Cascadia Investments anticipates continuing its aggressive growth for acquiring holdings in the Seattle and Tacoma markets. The company’s aim is to expand its rental property portfolio by more than 25% during the fiscal year of 2009, thus increasing revenues in a proportionate amount.
President and Chief Executive Officer, Mr. Maherali, commented, “We will continue to build our asset base and focus on growing our revenues. The action of the fed will put a backstop to mortgage defaults and our industry is going to benefit tremendously and it looks like this could be the start of the recovery.”
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Because Cascadia Investments is a publicly traded entity and has access to equity markets, it enjoys a competitive advantage over other companies operating in the same geographical area. Many of these companies are similar to Cascadia Investments in style, but privately-held.
For the past decade, Cascadia Investments has dedicated its efforts in and around the Pacific Northwest USA. The company has developed a network of contacts in the Seattle-Tacoma real estate market, while developing a reputation for improving neighborhoods. By renovating distressed properties, Cascadia Investments is able to provide safe and affordable residences to neighbors, improving the quality of living in these areas.
President and CEO Nazir Maherali’s has spent the last seven years of his career acquiring and renovating under-valued properties for lease and resale, as well as purchasing undeveloped real estate for residential development and sale. Prior to that he raised capital and increased share volume for small-cap companies listed on Canadian, European, and US exchanges. He has served several companies in key executive positions and brings much expertise to Cascadia Investments.
In a recent press release, the company announced that their assets valued at approx. $2.7 million, comprised of 12 properties containing 25 rental units. Cascadia Investments anticipates continuing its aggressive growth for acquiring holdings in the Seattle and Tacoma markets. The company’s aim is to expand its rental property portfolio by more than 25% during the fiscal year of 2009, thus increasing revenues in a proportionate amount.
President and Chief Executive Officer, Mr. Maherali, commented, “We will continue to build our asset base and focus on growing our revenues. The action of the fed will put a backstop to mortgage defaults and our industry is going to benefit tremendously and it looks like this could be the start of the recovery.”
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Thursday, March 26, 2009
Broadcast International (BCST.OB) Announces Partnership with OFC to Distribute “Game-Changing” Technology in the UK
Broadcast International provides video-powered broadcast technology, including IP, digital satellite, Internet streaming, and various types of wireless and wired network distribution. The company today announced its partnership with UK-based OCF, a provider of high performance and computer solutions.
Per the agreement, OCF will distribute, install and support Broadcast International’s CE-1000, a software-based encoder, as well as Broadcast International’s CodecSys AVC VOS Systems throughout the UK.
OCF provides solutions for more than 20 percent of the universities in the UK, and also caters to clients in the automotive, aerospace, utilities, pharmaceutical, manufacturing, oil and gas, and financial industries. Its technologies have helped secure partnerships with leading technology companies such as Cisco, Intel, Microsoft and more.
“We’re thrilled to partner with OCF and recognize the important role they’ll play as our video compression software is integrated more and more in the United Kingdom,” Rod Tiede, president and CEO of Broadcast International stated in the press release. “While Europe is ahead of other areas of the world in terms of IPTV adoption, the bandwidth crisis is a global phenomenon and the industry as a whole is in need of a solution like CodecSys that can dramatically reduce bandwidth to accommodate the growing demand of online video.”
Julian Fielding, managing director of OCF, said Broadcast International’s solutions, which have already been tested and implemented in various places in the United States, Europe and Asia, will benefit OCF and its customers.
“We’re excited at the opportunity to partner with Broadcast International,” Fielding stated. “We strive to partner with companies that truly offer solutions that provide our customers with the best-in-class technologies. We are convinced that Broadcast International’s CodecSys video compression software is a game-changing technology in the video distribution industry.”
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Per the agreement, OCF will distribute, install and support Broadcast International’s CE-1000, a software-based encoder, as well as Broadcast International’s CodecSys AVC VOS Systems throughout the UK.
OCF provides solutions for more than 20 percent of the universities in the UK, and also caters to clients in the automotive, aerospace, utilities, pharmaceutical, manufacturing, oil and gas, and financial industries. Its technologies have helped secure partnerships with leading technology companies such as Cisco, Intel, Microsoft and more.
“We’re thrilled to partner with OCF and recognize the important role they’ll play as our video compression software is integrated more and more in the United Kingdom,” Rod Tiede, president and CEO of Broadcast International stated in the press release. “While Europe is ahead of other areas of the world in terms of IPTV adoption, the bandwidth crisis is a global phenomenon and the industry as a whole is in need of a solution like CodecSys that can dramatically reduce bandwidth to accommodate the growing demand of online video.”
Julian Fielding, managing director of OCF, said Broadcast International’s solutions, which have already been tested and implemented in various places in the United States, Europe and Asia, will benefit OCF and its customers.
“We’re excited at the opportunity to partner with Broadcast International,” Fielding stated. “We strive to partner with companies that truly offer solutions that provide our customers with the best-in-class technologies. We are convinced that Broadcast International’s CodecSys video compression software is a game-changing technology in the video distribution industry.”
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Recent British Study Supports the Importance of Deploying Sector 10, Inc.’s (SECT.OB) Stationary Response Units
While many people are comforted by the fact that no major terrorist incidents have occurred in the last few years, a British study finds that a biological or nuclear attack is more realistic than some realize. The report that was released earlier this week compiles the findings of a six-year counter-terrorism effort by British officials that brings to light the likelihood of an attack involving weapons of mass destruction (WMD).
Since 2001, British law enforcement has managed to extinguish more than a dozen terrorist attacks. In response to the number of attacks in recent years, the British have built facilities for mass decontaminations and have also trained and equipped more than 7,000 police officers on how to deal with WMD incidents.
The 176-page report titled “Pursue, Protect, Prevent, Prepare: The United Kingdom’s Strategy for Countering International Terrorism” details the updated British strategy for combating terrorism. The study found that current terrorist organizations are willing to use chemical, biological, radiological, nuclear and explosive weapons (CBRNE) to forward their cause.
British Prime Minister Gordon Brown included a letter as part of the report that stated: “This new form of terrorism is different in scale and nature from the terrorist threats we have had to deal with in recent decades. It is intent on inflicting mass casualties without warning, motivated by a violent extremist ideology, and exploits modern travel and communications to spread through a loose and dangerous global network.”
Jacqui Smith, the British Home Secretary, commented that the updated U.K. strategy named Contest is “one of the most comprehensive and wide-ranging approaches to tackling terrorism anywhere in the world.” Smith continued by saying that the British government released the report to “provide the people of the UK and our partners overseas with as full and as open an account as possible of why and how we are tackling this threat.”
Based upon this newly released British study, terrorism continues to be a real impending threat worldwide. The U.S. government can only do so much to protect our border and citizens. Sector 10, Inc. (SECT.OB) has the tools that will increase people’s ability to protect themselves during a WMD attack. Office buildings, high-rise housing complexes, manufacturing facilities, sports complexes, and educational institutions can easily be equipped with the Sector 10 stationary response units (SRU) that will allow people to help themselves during this type of attack.
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Since 2001, British law enforcement has managed to extinguish more than a dozen terrorist attacks. In response to the number of attacks in recent years, the British have built facilities for mass decontaminations and have also trained and equipped more than 7,000 police officers on how to deal with WMD incidents.
The 176-page report titled “Pursue, Protect, Prevent, Prepare: The United Kingdom’s Strategy for Countering International Terrorism” details the updated British strategy for combating terrorism. The study found that current terrorist organizations are willing to use chemical, biological, radiological, nuclear and explosive weapons (CBRNE) to forward their cause.
British Prime Minister Gordon Brown included a letter as part of the report that stated: “This new form of terrorism is different in scale and nature from the terrorist threats we have had to deal with in recent decades. It is intent on inflicting mass casualties without warning, motivated by a violent extremist ideology, and exploits modern travel and communications to spread through a loose and dangerous global network.”
Jacqui Smith, the British Home Secretary, commented that the updated U.K. strategy named Contest is “one of the most comprehensive and wide-ranging approaches to tackling terrorism anywhere in the world.” Smith continued by saying that the British government released the report to “provide the people of the UK and our partners overseas with as full and as open an account as possible of why and how we are tackling this threat.”
Based upon this newly released British study, terrorism continues to be a real impending threat worldwide. The U.S. government can only do so much to protect our border and citizens. Sector 10, Inc. (SECT.OB) has the tools that will increase people’s ability to protect themselves during a WMD attack. Office buildings, high-rise housing complexes, manufacturing facilities, sports complexes, and educational institutions can easily be equipped with the Sector 10 stationary response units (SRU) that will allow people to help themselves during this type of attack.
About QualityStocks:
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Enseco Energy Services Corp. (ENS) Finds Directional Drilling and a Strong Service Fleet as a Way toward Profit
Keeping a positive perspective in these economic times is critical. Where the rubber meets the road - as it were - is where profit is to be made. Some segments of the market have been beat down, but are not out. Keeping an eye on these markets is where the profit will show up first.
Enseco Energy Services Corporation, an oil and gas services company, works to assess older existing oil and gas wells for future production potential. Although challenged by current conditions, the company has reported solid relative results as directional drilling and the company’s fleet of service vehicles finds a new footing.
As one might suspect, the oil and gas markets have been undergoing challenges during the current economic climate. Enseco Energy Services, however, has been able to keep pace with the more popular testing of older wells and directional drilling. Although the company has been keeping pace, they have been finding the same difficulties that the majority of the market has been facing. Finding creative and productive solutions, in a difficult economic environment, the company has found solid successes with its directional drilling program. This particular product offering may well bring the company back to a leading position more quickly than others.
The US governments’ commitment to energy, in its many forms, should put the company in a positive position. Re-opening closed wells has been a profitable venture, albeit only for those companies that find wells with solid potential. Enseco Energy has been able to offer a service that enables companies to achieve profitable production goals. The company’s rig fleet is superior to many in this market and appears ready to keep pace in a soon to be fast growing services market.
The company’s offering of directional drilling services merely enhances its revenue stream and should also enhance bottom line profitability. As a battered US energy sector begins to regain its footing in a new economy, Enseco Energy should be at the forefront with services and a directional drilling program designed to find and profit from resources once thought depleted.
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Enseco Energy Services Corporation, an oil and gas services company, works to assess older existing oil and gas wells for future production potential. Although challenged by current conditions, the company has reported solid relative results as directional drilling and the company’s fleet of service vehicles finds a new footing.
As one might suspect, the oil and gas markets have been undergoing challenges during the current economic climate. Enseco Energy Services, however, has been able to keep pace with the more popular testing of older wells and directional drilling. Although the company has been keeping pace, they have been finding the same difficulties that the majority of the market has been facing. Finding creative and productive solutions, in a difficult economic environment, the company has found solid successes with its directional drilling program. This particular product offering may well bring the company back to a leading position more quickly than others.
The US governments’ commitment to energy, in its many forms, should put the company in a positive position. Re-opening closed wells has been a profitable venture, albeit only for those companies that find wells with solid potential. Enseco Energy has been able to offer a service that enables companies to achieve profitable production goals. The company’s rig fleet is superior to many in this market and appears ready to keep pace in a soon to be fast growing services market.
The company’s offering of directional drilling services merely enhances its revenue stream and should also enhance bottom line profitability. As a battered US energy sector begins to regain its footing in a new economy, Enseco Energy should be at the forefront with services and a directional drilling program designed to find and profit from resources once thought depleted.
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AE Biofuels, Inc. (AEBF.OB) Signs Strategic Agreement with Merrick & Co.
AE Biofuels, Inc., an international, vertically integrated biofuels company, announced that it has entered into a strategic agreement with Merrick & Company to commercially implement its patent-pending enzyme based technology for the conversion of non-food biomass and other materials into ethanol. Merrick is recognized as a leading provider of engineering and architectural design-build, procurement, construction management, and geospatial services.
As the terms of the agreement, AE Biofuels and Merrick will strive to swiftly deploy AE Biofuels’ next-generation biofuels technology to meet the significant demand for cellulosic ethanol created by the revised Renewable Fuels Standard (RFS). The Energy Independence and Security Act of 2007 increased the RFS to 36 billion gallons of renewable fuels, the bulk of which must be advanced biofuels, such as cellulosic ethanol.
“We are excited to team up with Merrick, a world-class organization with deep experience in both refining and biofuels, to work with customers to rapidly deploy our advanced technology,” commented Eric McAfee, chairman & CEO of AE Biofuels. “Our approach addresses the growing demand for advanced biofuels at both existing and new ethanol facilities. We think this flexibility will allow us to better serve the immediate needs of the biofuels industry.”
“Merrick is pleased to extend our advanced biofuels service offerings through the implementation of AE Biofuels’ enzyme-based technology,” stated Ralph Christie, PE, Merrick’s president and chief executive officer. “Merrick has been on the leading edge of the biofuels market since the early 1990’s and there’s a wealth of experience built over the last 18 years in this quickly evolving market that will provide a solid base for the team to work from.”
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As the terms of the agreement, AE Biofuels and Merrick will strive to swiftly deploy AE Biofuels’ next-generation biofuels technology to meet the significant demand for cellulosic ethanol created by the revised Renewable Fuels Standard (RFS). The Energy Independence and Security Act of 2007 increased the RFS to 36 billion gallons of renewable fuels, the bulk of which must be advanced biofuels, such as cellulosic ethanol.
“We are excited to team up with Merrick, a world-class organization with deep experience in both refining and biofuels, to work with customers to rapidly deploy our advanced technology,” commented Eric McAfee, chairman & CEO of AE Biofuels. “Our approach addresses the growing demand for advanced biofuels at both existing and new ethanol facilities. We think this flexibility will allow us to better serve the immediate needs of the biofuels industry.”
“Merrick is pleased to extend our advanced biofuels service offerings through the implementation of AE Biofuels’ enzyme-based technology,” stated Ralph Christie, PE, Merrick’s president and chief executive officer. “Merrick has been on the leading edge of the biofuels market since the early 1990’s and there’s a wealth of experience built over the last 18 years in this quickly evolving market that will provide a solid base for the team to work from.”
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GreenChek Technology, Inc. (GCHK.OB) Presents Clearly Defined Mission
GreenCheck Technology, Inc. has staked out a role for itself in the world’s future that most companies would envy for its clarity and credibility. The San Francisco based emissions reduction technology company looks forward to a global market for its products that could grow indefinitely, fueled by increasing pressure from world governments, and the public, to dramatically reduce greenhouse gas emissions.
Specifically, the company’s stated mission is to become the pre-eminent supplier of OHGI technology for mobile transportation and industrial power generation applications while positively impacting the environment. And right now there is no company in a better position to realize that vision.
OHGI stands for Onboard Hydrogen Generation & Injection, and it provides an immediate solution to the transportation industry for fossil fuel emissions. By way of an onboard system, hydrogen is extracted from water and injected into the combustion process, significantly improving burn efficiency and reducing emissions by as much as 50%. The process also has the important side benefit of improving fuel economy.
GreenChek’s plan for moving forward is as well defined as its goal with a three-pronged approach for progress:
1) Extensive commercial utilization of OHGI technology as it applies to mobile applications
2) Continued development of market-ready products through the effective leveraging of human and technological resources
3) Focusing efforts and expanding product markets through joint-ventures, mergers, or acquisitions
Their current emphasis is on the key global growth markets for their technology: mobile transportation and industrial power generation, with a primary emphasis on retrofitting of commercial truck fleets and locomotives, two of the biggest emission sources.
On the basis of 3rd party independent test results, the company is convinced that OHGI provides an immediate solution to the transportation industry for greenhouse gases precipitated by fossil fuel emissions. Green house gas emission reductions are being mandated across Europe and this technology meets the existing “Carbon Credit” green industry standards. GreenChek is already applying for Carbon Credit approved status in participating countries around the world, which will allow for government subsidies for each unit sold in the near future.
Because of this, the company expects tremendous demand for its Emission Reduction Devices (ERDs) by the mobile transportation industry. However, the scalability and versatility of OHGI technology allows future generations of products to be easily adaptable, allowing GreenChek to aggressively penetrate and establish market share in many additional industries.
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Specifically, the company’s stated mission is to become the pre-eminent supplier of OHGI technology for mobile transportation and industrial power generation applications while positively impacting the environment. And right now there is no company in a better position to realize that vision.
OHGI stands for Onboard Hydrogen Generation & Injection, and it provides an immediate solution to the transportation industry for fossil fuel emissions. By way of an onboard system, hydrogen is extracted from water and injected into the combustion process, significantly improving burn efficiency and reducing emissions by as much as 50%. The process also has the important side benefit of improving fuel economy.
GreenChek’s plan for moving forward is as well defined as its goal with a three-pronged approach for progress:
1) Extensive commercial utilization of OHGI technology as it applies to mobile applications
2) Continued development of market-ready products through the effective leveraging of human and technological resources
3) Focusing efforts and expanding product markets through joint-ventures, mergers, or acquisitions
Their current emphasis is on the key global growth markets for their technology: mobile transportation and industrial power generation, with a primary emphasis on retrofitting of commercial truck fleets and locomotives, two of the biggest emission sources.
On the basis of 3rd party independent test results, the company is convinced that OHGI provides an immediate solution to the transportation industry for greenhouse gases precipitated by fossil fuel emissions. Green house gas emission reductions are being mandated across Europe and this technology meets the existing “Carbon Credit” green industry standards. GreenChek is already applying for Carbon Credit approved status in participating countries around the world, which will allow for government subsidies for each unit sold in the near future.
Because of this, the company expects tremendous demand for its Emission Reduction Devices (ERDs) by the mobile transportation industry. However, the scalability and versatility of OHGI technology allows future generations of products to be easily adaptable, allowing GreenChek to aggressively penetrate and establish market share in many additional industries.
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ERF Wireless, Inc. (ERFW.OB) Installs Wireless Network for West Texas State Bank
ERF Wireless announced earlier today that its subsidiary has completed and initiated services on a BranchNet encrypted enterprise-class wireless banking network for West Texas State Bank. The wireless network connects the West Texas State Bank Operations Center located in Odessa, Texas, with all five of its branch locations in Monahans, Kermit, Midland and Odessa, Texas.
“West Texas State Bank is going to be amazed by the speeds generated by this network,” commented Jay Bilden, Senior Vice President of Engineering and Network Operations for ERF Wireless. “This is now one of our model networks and it empowers West Texas State Bank to not only deploy data-intensive applications, but also voice and video technologies which will bring efficiencies to almost every facet of their business. This network will also accommodate the bank’s growing broadband needs for many years to come and will result in a substantial decrease in their network operating costs.”
“We knew that it was time to take a serious look at our communications capability,” said Mark Sparks, CEO of West Texas State Bank. “There’s a continual introduction of new banking applications that, while improving our ability to provide our customers with real-time services, increases our bandwidth needs exponentially. We didn’t want to be in a position of reacting to those escalating requirements.”
Sparks continued, “We were ready to make a fundamental change that allowed us to focus our energies on superior customer service instead of how we were going to continue to incrementally address our communications needs. It was very much in keeping with our basic philosophy of providing the same services to our customers that larger banks are able to provide, while maintaining those qualities that make community banking personable and unique. We were also very impressed with the security features of an ERF Wireless network. We are pleased to say that we now have an extremely secure network that currently surpasses our needs and will allow us to grow with the technology. And, we really like the idea of owning the network. It just makes sense.”
R. Greg Smith, CEO of ERF Enterprise Network Services, added, “We’ve all been looking forward to getting this network up and running because we knew it was going to be one of our most powerful banking networks to date. This was the first project in which Jay Bilden was involved as our new Senior Vice President of Engineering and Network Operations and he brings a tremendous amount of RF knowledge and construction experience to the company. The use of licensed frequencies and the strength of the backbone are considerably more than what the local telco can offer and will result in a very powerful network for West Texas State Bank.”
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“West Texas State Bank is going to be amazed by the speeds generated by this network,” commented Jay Bilden, Senior Vice President of Engineering and Network Operations for ERF Wireless. “This is now one of our model networks and it empowers West Texas State Bank to not only deploy data-intensive applications, but also voice and video technologies which will bring efficiencies to almost every facet of their business. This network will also accommodate the bank’s growing broadband needs for many years to come and will result in a substantial decrease in their network operating costs.”
“We knew that it was time to take a serious look at our communications capability,” said Mark Sparks, CEO of West Texas State Bank. “There’s a continual introduction of new banking applications that, while improving our ability to provide our customers with real-time services, increases our bandwidth needs exponentially. We didn’t want to be in a position of reacting to those escalating requirements.”
Sparks continued, “We were ready to make a fundamental change that allowed us to focus our energies on superior customer service instead of how we were going to continue to incrementally address our communications needs. It was very much in keeping with our basic philosophy of providing the same services to our customers that larger banks are able to provide, while maintaining those qualities that make community banking personable and unique. We were also very impressed with the security features of an ERF Wireless network. We are pleased to say that we now have an extremely secure network that currently surpasses our needs and will allow us to grow with the technology. And, we really like the idea of owning the network. It just makes sense.”
R. Greg Smith, CEO of ERF Enterprise Network Services, added, “We’ve all been looking forward to getting this network up and running because we knew it was going to be one of our most powerful banking networks to date. This was the first project in which Jay Bilden was involved as our new Senior Vice President of Engineering and Network Operations and he brings a tremendous amount of RF knowledge and construction experience to the company. The use of licensed frequencies and the strength of the backbone are considerably more than what the local telco can offer and will result in a very powerful network for West Texas State Bank.”
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New Generation Biofuels Holdings, Inc. (NGBF) Announces Sales Contract to Supply up to 370,000 gallons of Renewable Biofuel
New Generation Biofuels Holdings, Inc. announced today before the opening bell that it is has signed a sales contract with Catoctin Mountain Growers, Inc. of Keymar, Maryland to supply up to 370,000 gallons of renewable biofuel annually.
“We are delighted to be supplying a proactive and environmentally aware company like Catoctin Mountain Growers with our biofuel, which provides a lower carbon footprint and is 100 percent renewable,” commented Cary Claiborne, CEO and CFO of New Generation Biofuels. “In a test completed on one of Catoctin’s Cleaver-Brooks boilers, our biofuel demonstrated air pollution reductions of more than 45% in nitrogen oxides (NOx) and the virtual elimination of sulfur dioxide (SO2) when compared to low-sulfur fuel oil.”
He continued, “In addition, the renewable biofuel burned successfully with only minor tuning to the customer’s equipment. Steps like these, when replicated across the country, will help lower the net emission of greenhouse gases in the United States.”
“As a company we are always looking for ways to reduce our cost,” said Bob Van Wingerden, president of Catoctin Mountain Growers. “When New Generation Biofuels responded to an e-mail query with a biofuel at a reduced cost per Btu we were interested. After doing the test burn and seeing the positive difference in emissions, we were sold. Being able to reduce cost while leaving a smaller carbon footprint is an opportunity we could not pass up.”
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“We are delighted to be supplying a proactive and environmentally aware company like Catoctin Mountain Growers with our biofuel, which provides a lower carbon footprint and is 100 percent renewable,” commented Cary Claiborne, CEO and CFO of New Generation Biofuels. “In a test completed on one of Catoctin’s Cleaver-Brooks boilers, our biofuel demonstrated air pollution reductions of more than 45% in nitrogen oxides (NOx) and the virtual elimination of sulfur dioxide (SO2) when compared to low-sulfur fuel oil.”
He continued, “In addition, the renewable biofuel burned successfully with only minor tuning to the customer’s equipment. Steps like these, when replicated across the country, will help lower the net emission of greenhouse gases in the United States.”
“As a company we are always looking for ways to reduce our cost,” said Bob Van Wingerden, president of Catoctin Mountain Growers. “When New Generation Biofuels responded to an e-mail query with a biofuel at a reduced cost per Btu we were interested. After doing the test burn and seeing the positive difference in emissions, we were sold. Being able to reduce cost while leaving a smaller carbon footprint is an opportunity we could not pass up.”
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Nutra Pharma Corp. (NPHC.OB) Subsidiary Introduces Cost Effective Contract Research Services
Nutra Pharma Corp., a biotechnology company focused on developing treatments for Adrenomyeloneuropathy (AMN), HIV and Multiple Sclerosis (MS), announced today that its wholly-owned drug discovery subsidiary, ReceptoPharm, has introduced a line of specialized contract research services targeted at the early-stage life science market.
“As a clinical stage company specializing in biologics, we understand and have cleared many of the hurdles that face emerging biotech companies,” stated Dr. Paul Reid, CEO of ReceptoPharm. “This knowledge, combined with our qualified drug production facility, allows us to leverage our expertise and capabilities by extending them to small and start-up biotechnology companies looking for cost effective outsourcing solutions for their clinical development projects.”
The services being introduced by ReceptoPharm include pre-production studies, contract manufacturing, United States and European Union regulatory support, and quality systems and GMP certification. The company can also prepare and sterile fill pharmaceutical products in its ISO class 5 cleanroom facilities for trials in the United States and the European Union.
“Opening ReceptoPharm’s GMP certified drug production facility to startup and smaller biopharmaceutical companies could not have come at a better time given the current state of the economy and the reduced level of financing available for many of these early-stage companies,” commented Rik J Deitsch, Chairman and CEO of Nutra Pharma. “By offering these services, at a much lower cost as compared to traditional contract research organizations, ReceptoPharm allows these life science firms to immediately continue innovating and developing medical technologies, instead of waiting for the economy to fully recover.”
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“As a clinical stage company specializing in biologics, we understand and have cleared many of the hurdles that face emerging biotech companies,” stated Dr. Paul Reid, CEO of ReceptoPharm. “This knowledge, combined with our qualified drug production facility, allows us to leverage our expertise and capabilities by extending them to small and start-up biotechnology companies looking for cost effective outsourcing solutions for their clinical development projects.”
The services being introduced by ReceptoPharm include pre-production studies, contract manufacturing, United States and European Union regulatory support, and quality systems and GMP certification. The company can also prepare and sterile fill pharmaceutical products in its ISO class 5 cleanroom facilities for trials in the United States and the European Union.
“Opening ReceptoPharm’s GMP certified drug production facility to startup and smaller biopharmaceutical companies could not have come at a better time given the current state of the economy and the reduced level of financing available for many of these early-stage companies,” commented Rik J Deitsch, Chairman and CEO of Nutra Pharma. “By offering these services, at a much lower cost as compared to traditional contract research organizations, ReceptoPharm allows these life science firms to immediately continue innovating and developing medical technologies, instead of waiting for the economy to fully recover.”
About QualityStocks:
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Wednesday, March 25, 2009
CityView Corporation Limited (CTVWF.OB) Forms Joint Venture with Deanshanger Project Ltd. to Acquire Nigerian-based Refinery
CityView Corporation Limited (CTVWF.OB) is an Australian-based natural resource company with a diverse portfolio of copper, gold, diamonds, coal, iron ore, rare earths and oil refinery interests. The company today announced a joint venture with Deanshanger Project Ltd. for the acquisition of a crude oil refinery with a daily capacity of 55,000 barrels.
The acquired Tagore Investments S.A. refinery will later be revamped to produce 100,000 barrels each day, and will be relocated to Nigeria. CityView CEO Mark Smyth said the company will commence shipment and construction of the new refinery this year, and will begin operations in early 2010.
“Following the installation of the first module, the JV has plans to increase production of the refinery to 100,000 bpd by 2011,” Smyth stated.
Deanshanger specializes in infrastructure development and project management, and will arrange the delivery of the project through a Public Private Partnership deal with DPL Energy Ltd., the necessary Nigerian government authorities, as well as private investors.
Per the agreement, CityView will own a one-third stake in the refinery; Deanshanger and its partners and investors will own two-thirds. In the press release, CityView noted that according to the 2008 BP Statistical Energy Survey, Nigeria had proved oil reserves of 36.22 billion barrels at the end of 2007, and that by 2010, the Nigerian Government plans to expand its proven reserves to 40 billion barrels.
Smyth said that CityView and Deanshanger’s collaborative efforts will poise the companies to take advantage of federal initiatives.
“Our strategy to set up an oil refinery in Nigeria was initiated in August 2008, and we are pleased to move one step closer to finalizing this key asset acquisition. Deanshanger specializes in major infrastructure projects in Nigeria and has an excellent track record for successfully organizing large-scale projects there,” Smyth stated in the press release. “Together, we have assembled a great team that is ready to capitalize on government initiatives to increase oil reserves.”
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The acquired Tagore Investments S.A. refinery will later be revamped to produce 100,000 barrels each day, and will be relocated to Nigeria. CityView CEO Mark Smyth said the company will commence shipment and construction of the new refinery this year, and will begin operations in early 2010.
“Following the installation of the first module, the JV has plans to increase production of the refinery to 100,000 bpd by 2011,” Smyth stated.
Deanshanger specializes in infrastructure development and project management, and will arrange the delivery of the project through a Public Private Partnership deal with DPL Energy Ltd., the necessary Nigerian government authorities, as well as private investors.
Per the agreement, CityView will own a one-third stake in the refinery; Deanshanger and its partners and investors will own two-thirds. In the press release, CityView noted that according to the 2008 BP Statistical Energy Survey, Nigeria had proved oil reserves of 36.22 billion barrels at the end of 2007, and that by 2010, the Nigerian Government plans to expand its proven reserves to 40 billion barrels.
Smyth said that CityView and Deanshanger’s collaborative efforts will poise the companies to take advantage of federal initiatives.
“Our strategy to set up an oil refinery in Nigeria was initiated in August 2008, and we are pleased to move one step closer to finalizing this key asset acquisition. Deanshanger specializes in major infrastructure projects in Nigeria and has an excellent track record for successfully organizing large-scale projects there,” Smyth stated in the press release. “Together, we have assembled a great team that is ready to capitalize on government initiatives to increase oil reserves.”
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Universal Tracking Solutions, Inc. (UTRK.OB) Brings Affordable Fleet Tracking Solutions to Growing Companies
The ability to keep track of high-cost assets is something that businesses have had to deal with internally. Accountants and technicians synch up physical counts with what is on the books. But where actually are these assets? While large companies can customize their own tracking systems, smaller companies have had to come up with their own solutions. Universal Tracking Solutions, Inc. (UTRK.OB) specializes in bringing an enterprise solution to mid-level companies that enables them to track their fleets with GPS technology.
The UTS Fleet Manager is a well thought-out system that allows companies to view their fleet’s current location in a number of applications. Rather than view random dots on a basic map, the UTS Fleet Manager allows a company to customize the icons associated with each vehicle so that users can distinguish between a delivery truck, a flatbed truck, or a semi-trailer. The icons can also be further customized to designate a vehicle’s status, such as stopped, idle, or moving.
The UTS system is built to allow the user to view their assets on a variety of map styles. Some users are comfortable with a traditional map, like a Thomson Guide, that shows streets and highways. Other users may prefer to view their fleets on a satellite image to gain a more real-world view. For those companies that are concerned about making deadlines, they can utilize traffic maps that provide up-to-date congestion issues. The system even gives a user the ability to zoom, pan around a map, or even overlay a traditional map onto satellite images. This built-in flexibility allows the system to be utilized by a number of users who may have a different focus or goal for the information.
Not only does the UTS system allow a company to track their vehicles in real-time, the UTS Fleet Manager also gives a company the ability to store historical information on where and when its vehicles have traveled. If employees are required to stay on a specific route, a company has the ability to verify that the route is being followed in a timely manner. For companies that are concerned with vehicles possibly being used outside of work parameters, a geo-fence can be established for their fleet. A geo-fence is a set boundary for a vehicle that can be created in 3 ways: a traditional circle, a 10-point polygon, or a 10-point line. If a vehicle goes beyond the set boundaries, an email or text message can be relayed to a designated fleet tracking employee.
Not only can personnel be notified when a boundary is crossed, a number of other alerts can also be set including excessive idle alerts, rapid acceleration and deceleration alerts, and speed alerts. But those monitoring a fleet do not have to be at their computer to receive these alerts. The UTS system can forward alerts to any specified handheld PDA, such as a Blackberry. To better analyze fleet usage, the UTS Fleet Manager has 20 user-defined reports that can be automatically delivered via email on a daily, weekly, or monthly basis.
UTS has partnered with Garmin Personal Navigation Devices (PND) to provide its clients with a real-time fleet management tool. Dispatch Link allows a fleet manager to quickly determine if a driver is on the way to a specified destination, has made it to a particular destination, or if the driver has completed the number of scheduled stops for the day. Dispatch Link also provides the fleet manager with an estimated time of arrival to a particular stop, as well as provides a confirmation that a driver has received delivery information and has removed it from a delivery list.
About QualityStocks:
QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.
Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
The Quality Stocks Daily Stock Report http://video.qualitystocks.net
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The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net
The UTS Fleet Manager is a well thought-out system that allows companies to view their fleet’s current location in a number of applications. Rather than view random dots on a basic map, the UTS Fleet Manager allows a company to customize the icons associated with each vehicle so that users can distinguish between a delivery truck, a flatbed truck, or a semi-trailer. The icons can also be further customized to designate a vehicle’s status, such as stopped, idle, or moving.
The UTS system is built to allow the user to view their assets on a variety of map styles. Some users are comfortable with a traditional map, like a Thomson Guide, that shows streets and highways. Other users may prefer to view their fleets on a satellite image to gain a more real-world view. For those companies that are concerned about making deadlines, they can utilize traffic maps that provide up-to-date congestion issues. The system even gives a user the ability to zoom, pan around a map, or even overlay a traditional map onto satellite images. This built-in flexibility allows the system to be utilized by a number of users who may have a different focus or goal for the information.
Not only does the UTS system allow a company to track their vehicles in real-time, the UTS Fleet Manager also gives a company the ability to store historical information on where and when its vehicles have traveled. If employees are required to stay on a specific route, a company has the ability to verify that the route is being followed in a timely manner. For companies that are concerned with vehicles possibly being used outside of work parameters, a geo-fence can be established for their fleet. A geo-fence is a set boundary for a vehicle that can be created in 3 ways: a traditional circle, a 10-point polygon, or a 10-point line. If a vehicle goes beyond the set boundaries, an email or text message can be relayed to a designated fleet tracking employee.
Not only can personnel be notified when a boundary is crossed, a number of other alerts can also be set including excessive idle alerts, rapid acceleration and deceleration alerts, and speed alerts. But those monitoring a fleet do not have to be at their computer to receive these alerts. The UTS system can forward alerts to any specified handheld PDA, such as a Blackberry. To better analyze fleet usage, the UTS Fleet Manager has 20 user-defined reports that can be automatically delivered via email on a daily, weekly, or monthly basis.
UTS has partnered with Garmin Personal Navigation Devices (PND) to provide its clients with a real-time fleet management tool. Dispatch Link allows a fleet manager to quickly determine if a driver is on the way to a specified destination, has made it to a particular destination, or if the driver has completed the number of scheduled stops for the day. Dispatch Link also provides the fleet manager with an estimated time of arrival to a particular stop, as well as provides a confirmation that a driver has received delivery information and has removed it from a delivery list.
About QualityStocks:
QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.
Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
The Quality Stocks Daily Stock Report http://video.qualitystocks.net
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The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
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