LTX-Credence Corp., a global provider of ATE solutions, today announced financial results for its fourth quarter and fiscal year ended July 31, 2011.
The company reported fourth quarter 2011 sales of $62.6 million, a decrease compared to sales of $73.1 million for the fourth quarter of 2010, but up from previous quarter sales of $58.6 million. Net income for the 2011 quarter was $12.0 million, or $0.24 per diluted share, a decrease from $14.1 million, or $0.09 per diluted share, reported for the fourth quarter of last year. On a non-GAAP basis, net income for the 2011 quarter was $13.8 million, or $0.27 per diluted share.
For the 12 months ended July 31, 2011, LTX reported sales of $249.5 million, up 14 percent compared to sales of $219.0 million reported for full-year 2010. Net income was $60.0 million, or $1.19 per diluted share, compared to net income of $18.5 million, or $0.13 per share, reported for the comparable 12 months of 2010. On a non-GAAP basis, net income for the year was $56.3 million, or $1.12 per diluted share.
Dave Tacelli, CEO and president of LTX, acknowledged that sales weren’t as high as hoped, but attributed the revenue quarter-over-quarter revenue increase to strong growth in the company’s application specific and power management segments.
“Although revenues were slightly below the low-range of our guidance, net income came in at the mid-point of the guidance,” Tacelli stated in the press release. “Our balance sheet was further strengthened from better than expected cash generation from operations, resulting in an increase in net cash of approximately $16 million during the quarter, and ending the year with no debt and $163 million in cash, cash equivalents, and marketable securities.
For the upcoming fiscal quarter ended Oct. 31, 2011, the company expects revenues between $35 million and $39 million; non-GAAP net loss is expected to be in the range of $(0.10) to $(0.06) per share.
For more information visit www.ltxc.com
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Wednesday, August 31, 2011
Small Cap Voice: Solar Integrator Designation Makes Exergetic Energy (XNGR) Eligible Bidder for $75 Million Federal Work
Exergetic Energy is celebrating its recent designation as a solar integrator for the federal prison industries because it will not only make the company eligible to bid on federal work, it will also make them able to purchase competitively-priced solar panels for customers.
Clarence McCollum, chairman and CEO, described the advantages the Detroit-based company now enjoys in an interview Friday.
Exergetic Energy specializes in providing energy solutions for business and government. Its early roots are in renewable energy, designing, installing and maintaining solar photovoltaic systems. This year, the company broadened its reach and expanded into nonrenewable energy with the purchase of Specialized Services, a 20-year-old company that optimizes fuel use and supplies fuel to businesses.
This year’s designation recognizes the extensive scientific and engineering acumen that are the core of Exergetic Energy’s success. McCollum himself spent two decades in research engineering for Ford, NASA and other innovators and then served as the director of a major oil company before taking on his latest role. Other key players have decades of research and development experience, including Dr. Jeffrey Streator, associate professor of mechanical engineering at Georgia Tech and a specialist in friction reduction.
Possible sole-source bidder
Elevated into a premier tier of energy companies, Exergetic Energy is now placed in a small field of businesses able to bid on $75 million worth of federal work. Further funding is possible as well, particularly if the solar integration does what it should and saves money in the long run.
“A lot of the (federal) construction contracts are in solar design,” McCollum explained. And unlike many of the chosen solar companies, Exergetic Energy is not simply a construction firm. Its team of experienced scientists and engineers can design a system that meets challenges in the environment or construction.
What kind of challenges?
“Hurricane zones are a major issue,” McCollum said. “If you don’t anchor the panels correctly, they can become projectiles on roofs in a storm. In construction, cities are highly condensed and the HVAC system takes up most of the roof space. We have to design around that.”
Where these challenges are present for federal projects, only companies with specific experience in certain geographic regions are allowed to bid out of the small pool of designees.
“We could be the sole-source bidder depending on the location and complexity of the project,” said McCollum.
Designated to purchase low-cost solar panels
A less-obvious benefit of the designation is Exergetic Energy’s ability to purchase competitively priced solar panels built in the United States with labor from the federal prison system.
The prisoner-built panels are “the only way to produce cost-effective panels (in the United States) compared to Asia and other global producers.”
Incredible price competition has led to bankrupty this month for two American solar panel makers, SpectraWatt and Evergreen Solar. Unlike these companies, Exergetic “stayed clear from manufacturing solar panels,” McCollum said. But while the costs remain competitive, the company still qualifies to bid on projects that insist hardware be American made.
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Clarence McCollum, chairman and CEO, described the advantages the Detroit-based company now enjoys in an interview Friday.
Exergetic Energy specializes in providing energy solutions for business and government. Its early roots are in renewable energy, designing, installing and maintaining solar photovoltaic systems. This year, the company broadened its reach and expanded into nonrenewable energy with the purchase of Specialized Services, a 20-year-old company that optimizes fuel use and supplies fuel to businesses.
This year’s designation recognizes the extensive scientific and engineering acumen that are the core of Exergetic Energy’s success. McCollum himself spent two decades in research engineering for Ford, NASA and other innovators and then served as the director of a major oil company before taking on his latest role. Other key players have decades of research and development experience, including Dr. Jeffrey Streator, associate professor of mechanical engineering at Georgia Tech and a specialist in friction reduction.
Possible sole-source bidder
Elevated into a premier tier of energy companies, Exergetic Energy is now placed in a small field of businesses able to bid on $75 million worth of federal work. Further funding is possible as well, particularly if the solar integration does what it should and saves money in the long run.
“A lot of the (federal) construction contracts are in solar design,” McCollum explained. And unlike many of the chosen solar companies, Exergetic Energy is not simply a construction firm. Its team of experienced scientists and engineers can design a system that meets challenges in the environment or construction.
What kind of challenges?
“Hurricane zones are a major issue,” McCollum said. “If you don’t anchor the panels correctly, they can become projectiles on roofs in a storm. In construction, cities are highly condensed and the HVAC system takes up most of the roof space. We have to design around that.”
Where these challenges are present for federal projects, only companies with specific experience in certain geographic regions are allowed to bid out of the small pool of designees.
“We could be the sole-source bidder depending on the location and complexity of the project,” said McCollum.
Designated to purchase low-cost solar panels
A less-obvious benefit of the designation is Exergetic Energy’s ability to purchase competitively priced solar panels built in the United States with labor from the federal prison system.
The prisoner-built panels are “the only way to produce cost-effective panels (in the United States) compared to Asia and other global producers.”
Incredible price competition has led to bankrupty this month for two American solar panel makers, SpectraWatt and Evergreen Solar. Unlike these companies, Exergetic “stayed clear from manufacturing solar panels,” McCollum said. But while the costs remain competitive, the company still qualifies to bid on projects that insist hardware be American made.
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Uranium Energy Corp. (UEC) Agrees to Purchase Uranium Database
Uranium Energy Corp. today reported the signing of an agreement to purchase a uranium database package covering areas in South Texas. The company believes that the package will assist in the exploration of prospective uranium deposits on its properties.
Uranium Energy is purchasing the database package from Uranium One Inc. for $900,000, consisting of $400,000 cash and 159,236 shares of the company’s common stock at a price of $3.14 per share.
Uranium Energy said that the database package covers the Goliad Formation and has information on more than forty prospective uranium targets in the area. The company’s Palangana, Goliad, Salvo and Nichols projects are all located within the Goliad Formation.
The database package was compiled by Total Minerals and Mobil Oil, which operated in the area in the 1970’s and 1980’s. The data includes drilling logs on approximately 2.8 million feet of previous uranium drilling as well as drilling logs on approximately 41.6 million feet of previous oil and gas drilling.
Uranium Energy said that the database package contains more than 750 maps of the south Texas area and approximately 100 studies and analyzes of the Goliad Formation. The company plans to focus efforts on the forty uranium targets contained within the database.
For more information on the company, go to www.uraniumenergy.com
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Uranium Energy is purchasing the database package from Uranium One Inc. for $900,000, consisting of $400,000 cash and 159,236 shares of the company’s common stock at a price of $3.14 per share.
Uranium Energy said that the database package covers the Goliad Formation and has information on more than forty prospective uranium targets in the area. The company’s Palangana, Goliad, Salvo and Nichols projects are all located within the Goliad Formation.
The database package was compiled by Total Minerals and Mobil Oil, which operated in the area in the 1970’s and 1980’s. The data includes drilling logs on approximately 2.8 million feet of previous uranium drilling as well as drilling logs on approximately 41.6 million feet of previous oil and gas drilling.
Uranium Energy said that the database package contains more than 750 maps of the south Texas area and approximately 100 studies and analyzes of the Goliad Formation. The company plans to focus efforts on the forty uranium targets contained within the database.
For more information on the company, go to www.uraniumenergy.com
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Callidus Software, Inc. (CALD) Releases MySalesCoach iPad App
Today, Callidus Software, Inc. announced the launch of the new iPad app MySalesCoach. The app was originally announced in April, 2011. The app will be shown at the Dreamforce 2011, the annual cloud computing conference held by Salesforce.com.
Callidus Software is a supplier of Sales Performance Management software, helping businesses coach sales employees, track sales team performance and provide visibility into operations and financial performance. Callidus software is used in such industries as high tech, communications, banking, insurance and pharmaceuticals.
The MySalesCoach app is intended to make available to the individuals in a company’s sales force realtime access to daily sales coaching. The app is powered by Callidus’ ForceLogix On Demand Sales Coaching platform, which in turn is part of the Callidus Cloud system. Callidus Cloue is a self-service, SaaS-based system intended to improve optimization and increase the effectiveness of a company’s sales force on a day-to-day basis. Callidus software is used by more than 2.5 million customers worldwide.
The company will also be hosting several panels during the conference, of which it is a sponsor. It will also be holding drawings for attendees to win iPads loaded with subscriptions to their services.
“Today’s dynamic sales forces are seeking applications that deliver value in the context of their daily work – without taking them out of the field,” said Lorna Heynike, Senior Vice President, Marketing, Callidus Software. “The Callidus mobile platform equips the sales force with the knowledge, training, and – with this release of MySalesCoach – winning strategies they need to effectively do their job. The solution saves precious sales time by keeping front-line sales in the field and boosting adoption, increasing the overall effectiveness of sales coaching programs so the sales team can effectively execute campaigns and win more business.”
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Callidus Software is a supplier of Sales Performance Management software, helping businesses coach sales employees, track sales team performance and provide visibility into operations and financial performance. Callidus software is used in such industries as high tech, communications, banking, insurance and pharmaceuticals.
The MySalesCoach app is intended to make available to the individuals in a company’s sales force realtime access to daily sales coaching. The app is powered by Callidus’ ForceLogix On Demand Sales Coaching platform, which in turn is part of the Callidus Cloud system. Callidus Cloue is a self-service, SaaS-based system intended to improve optimization and increase the effectiveness of a company’s sales force on a day-to-day basis. Callidus software is used by more than 2.5 million customers worldwide.
The company will also be hosting several panels during the conference, of which it is a sponsor. It will also be holding drawings for attendees to win iPads loaded with subscriptions to their services.
“Today’s dynamic sales forces are seeking applications that deliver value in the context of their daily work – without taking them out of the field,” said Lorna Heynike, Senior Vice President, Marketing, Callidus Software. “The Callidus mobile platform equips the sales force with the knowledge, training, and – with this release of MySalesCoach – winning strategies they need to effectively do their job. The solution saves precious sales time by keeping front-line sales in the field and boosting adoption, increasing the overall effectiveness of sales coaching programs so the sales team can effectively execute campaigns and win more business.”
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TiVUS, Inc. (TIVU) Enters Strategic Partnership With TEL electronics; Gains Access to Global Distributor Network
TiVUS, Inc. just announced that it has forged a new strategic partnership with TEL electronics, inc. for the purpose of establishing a comprehensive hotel industry distributor network to thoroughly, quickly, and efficiently reach its target market within the hospitality entertainment industry.
“I am pleased to announce this vital strategic partnership with TEL,” stated Phil Marriott, TiVUS’ executive vice-president of sales. “TEL brings over 33 years of experience in hotel communication technology sales, is well-known, and much respected within the hospitality electronics industry.
“As thousands of hotel properties have now been chain-mandated to upgrade to high-definition television (HDTV), the strategy of distributing through entrenched hotel vendors already providing other electronics and software needs is paramount to rapidly seizing market share; and, is made possible only through the leverage of TEL’s established relationships.
“In this way, TiVUS expects to both rapidly gain access to desirable hotel properties as well as mitigate the need to fund, train and field a large sales force,” he concluded.
Shiva Prakash, TIVUS’ president and chief executive officer, added, “I believe Phil Marriott’s and TEL’s continued development of this solid distribution network will favorably position our HD IPTV with ad-insertion solution in front of virtually every desirably hotel property throughout North America; furthermore, we believe this strategy to be the most efficient method of rapidly establishing significant market share,” Prakash concluded.
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“I am pleased to announce this vital strategic partnership with TEL,” stated Phil Marriott, TiVUS’ executive vice-president of sales. “TEL brings over 33 years of experience in hotel communication technology sales, is well-known, and much respected within the hospitality electronics industry.
“As thousands of hotel properties have now been chain-mandated to upgrade to high-definition television (HDTV), the strategy of distributing through entrenched hotel vendors already providing other electronics and software needs is paramount to rapidly seizing market share; and, is made possible only through the leverage of TEL’s established relationships.
“In this way, TiVUS expects to both rapidly gain access to desirable hotel properties as well as mitigate the need to fund, train and field a large sales force,” he concluded.
Shiva Prakash, TIVUS’ president and chief executive officer, added, “I believe Phil Marriott’s and TEL’s continued development of this solid distribution network will favorably position our HD IPTV with ad-insertion solution in front of virtually every desirably hotel property throughout North America; furthermore, we believe this strategy to be the most efficient method of rapidly establishing significant market share,” Prakash concluded.
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Hanwha SolarOne Co., Ltd. (HSOL) is “One to Watch”
Hanwha SolarOne Co., Ltd. is a leading provider of global energy solutions designed to meet the demands of the 21st century energy customer. From quality crystalline silicon and solar module assembly to project development and financing, Hanwha SolarOne offers a fully integrated solution. Through control of the supply chain, the company is able to deliver the highest quality products at very competitive prices.
The company’s technology department works closely with the manufacturing department to lower production costs by improving production efficiency. In July 2007, Hanwha SolarOne established the Hanwha SolarOne PV Engineering Center. This center, equipped with a fully dedicated pilot production line and various characterization tools, focuses on improving the solar cell efficiency and extending its application.
Hanwha SolarOne takes its role as a leader seriously, both in business and in the community. Long-term commitment is the key focus of the company, which supports its modules with a 25-year warranty and prompt post-sale service. Furthermore, all modules are certified by TÜV, CE, UL, and CEC, validating quality and safety. The company is also committed to industry sustainability and is a member of the PV Cycle end-of-life product recycling program.
As of June 30, 2011, the Company had cash and cash equivalents of RMB1,485.7 million (US$229.9 million) and net working capital of RMB1,850.0 million (US$286.2 million), compared with total long-term debt of RMB995.9 million (US$154.1 million), which was comprised of both the non-current portion of long-term bank borrowings and convertible bonds. Leveraging its strong financial position and leading technology, Hanwha SolarOne is well positioned to capitalize on the rapidly growing renewable energy market.
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The company’s technology department works closely with the manufacturing department to lower production costs by improving production efficiency. In July 2007, Hanwha SolarOne established the Hanwha SolarOne PV Engineering Center. This center, equipped with a fully dedicated pilot production line and various characterization tools, focuses on improving the solar cell efficiency and extending its application.
Hanwha SolarOne takes its role as a leader seriously, both in business and in the community. Long-term commitment is the key focus of the company, which supports its modules with a 25-year warranty and prompt post-sale service. Furthermore, all modules are certified by TÜV, CE, UL, and CEC, validating quality and safety. The company is also committed to industry sustainability and is a member of the PV Cycle end-of-life product recycling program.
As of June 30, 2011, the Company had cash and cash equivalents of RMB1,485.7 million (US$229.9 million) and net working capital of RMB1,850.0 million (US$286.2 million), compared with total long-term debt of RMB995.9 million (US$154.1 million), which was comprised of both the non-current portion of long-term bank borrowings and convertible bonds. Leveraging its strong financial position and leading technology, Hanwha SolarOne is well positioned to capitalize on the rapidly growing renewable energy market.
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Patient Access Solutions, Inc. (PASO) Offers Transformative Cost Savings
One of the long standing rules of business is that profit is made on the pennies. If every day you can come up with a new efficiency, however small, it isn’t long before your business is made up of a thousand hidden ideas driving your operation forward. Major efficiencies, on the other hand, are seldom hidden for long. Transformative technologies, for example, move whole industries, and soon become the standard for the most successful companies.
In the healthcare industry, insurance eligibility is the key to revenue, and its efficient processing and administration is the key to cost reduction and profit. According to the Healthcare Financial Management Association, the automation of insurance verification processes significantly reduces associated administrative costs, by up to 50%. That’s hardly a surprise, given the well-known time and money that is regularly lost to benefit eligibility verification. The traditional procedures go something like this:
- The patient’s insurance cards are photocopied.
- Someone then calls the insurance company’s 800 number to verify eligibility status.
- The caller takes whatever time is needed to deal with long waits or busy signals.
- Once patient status is verified, the data is then usually manually transcribed.
The process also affects the insurance company’s costs, since they have to pay staffers to provide the requested information on a nationwide time schedule.
Patient Access Solutions (PASHealth) is now meeting this widespread market need through the use of a POS terminal and web portal that allows the payer’s office to quickly access needed information via a swipe card or quick data entry. The result is a complete printout verifying coverage and providing all related information, such as co-pay, deductible, and primary care physician, all in as little as 20 seconds. The company already has 450 major insurance companies signed up.
For additional information, visit the company’s website at www.PASHealth.com
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In the healthcare industry, insurance eligibility is the key to revenue, and its efficient processing and administration is the key to cost reduction and profit. According to the Healthcare Financial Management Association, the automation of insurance verification processes significantly reduces associated administrative costs, by up to 50%. That’s hardly a surprise, given the well-known time and money that is regularly lost to benefit eligibility verification. The traditional procedures go something like this:
- The patient’s insurance cards are photocopied.
- Someone then calls the insurance company’s 800 number to verify eligibility status.
- The caller takes whatever time is needed to deal with long waits or busy signals.
- Once patient status is verified, the data is then usually manually transcribed.
The process also affects the insurance company’s costs, since they have to pay staffers to provide the requested information on a nationwide time schedule.
Patient Access Solutions (PASHealth) is now meeting this widespread market need through the use of a POS terminal and web portal that allows the payer’s office to quickly access needed information via a swipe card or quick data entry. The result is a complete printout verifying coverage and providing all related information, such as co-pay, deductible, and primary care physician, all in as little as 20 seconds. The company already has 450 major insurance companies signed up.
For additional information, visit the company’s website at www.PASHealth.com
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Sagebrush Gold, Ltd. (SAGE) Acquires Relief Canyon Gold Mine and Processing Facilities Amid Rising Gold Prices and Pan Asia Gold Exchange Debut
Sagebrush Gold, a junior gold exploration firm focused on high-value targets, announced acquisition of the Relief Canyon Gold Project, a choice property located at Packard Flat in the Antelope Springs mining district of Pershing County.
Chairman of SAGE, Barry Honig, was excited to announce an aggressive exploration campaign, starting with resource studies and the satisfaction of applicable permits/approvals (including federal and state permitting and bonding requirements) via local authorities and the BLM (Bureau of Land Management), and culminating with a focused, intensive drilling program engineered to both expand the resource and deliver on near term production goals.
The site has quite a history of previous infrastructural investment and considerable heaped ore to process, but was mothballed in 1990 due to sagging gold prices, after a decade or so of operation yielding some 100 oz Au under the previous operator Pegasus Mining. The operation was running at an average rate of 2M ton/year, pulling down an average 0.03 opt AU and facilities are currently in place to initiate heap leaching. Hsitoric heap recovery was in the 60-70% range and with clear geological potential in the unexplored areas of the property, SAGE feels confident that the Relief Canyon site will emerge on the forefront of the Company’s near-term and long-term production profile.
A prime location with abundant potential to expand the resource due to largely unexplored territory in what is prime mineral acreage, the east side of Packard Flat, underwritten by the June 2010, NI43-101 compliant resource estimate (9.252M tons total ore at an avg. grading of 0.017 opt), makes the Relief Canyon a strong addition to the Company’s portfolio of gold exploration properties.
Let’s dig a little deeper into the millsite infrastructure, ore base on-hand and resource estimates from the NI43-101:
• As mentioned the site has rather good existing leaching facilities with five heap leach pads (portable conveyors with a radial stacker) and two solution ponds (full pipe/pumping systems), as well as a cement block-constructed ADR solution processing circuit (Adsorption- Desorption-Recovery)
• Ancillary structures, including the mine office and a warehouse stand ready
• The ADR plant is a carbon four-column setup with acid wash, stripping vessel, electrolytic cells, furnace and retort for gold doré production all in the original Pegasus building
• A full crushing system, initially intended to reprocess heap material, with primary and secondary components is in place and overall heap recovery has solid historical values
• Some 200k tons of crushed/stacked leached ore and a healthy 7M tons estimated in existing heaps means that SAGE’s near-term production goals will be easy to meet
• Indicated Resource of 6.533M tons at 0.017 opt Au (113k oz Au, 0.005 opt cut-off)
• Inferred Resource of 2.719M tons at 0.015 opt Au (42k oz Au, 0.005 opt cut-off)
Exciting news considering the recent announcement of the formation of a Pan Asia Gold Exchange, which will see six of China’s top banks coming together to form a government-backed Asian alternative to the COMEX, featuring RMB-denominated contracts.
More information on the acquisition, The Relief Canyon Gold Project and details of the NI43-101 report can be found at the Sagebrush Gold, Ltd. website: www.SagebrushGold.com
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Chairman of SAGE, Barry Honig, was excited to announce an aggressive exploration campaign, starting with resource studies and the satisfaction of applicable permits/approvals (including federal and state permitting and bonding requirements) via local authorities and the BLM (Bureau of Land Management), and culminating with a focused, intensive drilling program engineered to both expand the resource and deliver on near term production goals.
The site has quite a history of previous infrastructural investment and considerable heaped ore to process, but was mothballed in 1990 due to sagging gold prices, after a decade or so of operation yielding some 100 oz Au under the previous operator Pegasus Mining. The operation was running at an average rate of 2M ton/year, pulling down an average 0.03 opt AU and facilities are currently in place to initiate heap leaching. Hsitoric heap recovery was in the 60-70% range and with clear geological potential in the unexplored areas of the property, SAGE feels confident that the Relief Canyon site will emerge on the forefront of the Company’s near-term and long-term production profile.
A prime location with abundant potential to expand the resource due to largely unexplored territory in what is prime mineral acreage, the east side of Packard Flat, underwritten by the June 2010, NI43-101 compliant resource estimate (9.252M tons total ore at an avg. grading of 0.017 opt), makes the Relief Canyon a strong addition to the Company’s portfolio of gold exploration properties.
Let’s dig a little deeper into the millsite infrastructure, ore base on-hand and resource estimates from the NI43-101:
• As mentioned the site has rather good existing leaching facilities with five heap leach pads (portable conveyors with a radial stacker) and two solution ponds (full pipe/pumping systems), as well as a cement block-constructed ADR solution processing circuit (Adsorption- Desorption-Recovery)
• Ancillary structures, including the mine office and a warehouse stand ready
• The ADR plant is a carbon four-column setup with acid wash, stripping vessel, electrolytic cells, furnace and retort for gold doré production all in the original Pegasus building
• A full crushing system, initially intended to reprocess heap material, with primary and secondary components is in place and overall heap recovery has solid historical values
• Some 200k tons of crushed/stacked leached ore and a healthy 7M tons estimated in existing heaps means that SAGE’s near-term production goals will be easy to meet
• Indicated Resource of 6.533M tons at 0.017 opt Au (113k oz Au, 0.005 opt cut-off)
• Inferred Resource of 2.719M tons at 0.015 opt Au (42k oz Au, 0.005 opt cut-off)
Exciting news considering the recent announcement of the formation of a Pan Asia Gold Exchange, which will see six of China’s top banks coming together to form a government-backed Asian alternative to the COMEX, featuring RMB-denominated contracts.
More information on the acquisition, The Relief Canyon Gold Project and details of the NI43-101 report can be found at the Sagebrush Gold, Ltd. website: www.SagebrushGold.com
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Titan Pharmaceuticals, Inc. (TTNP) Confirms Pre-NDA Meeting with FDA for Probuphine™
Today, Titan Pharmaceuticals, Inc. announced that the U.S. Food and Drug Administration (FDA) has confirmed a Pre-New Drug Application (Pre-NDA) meeting with the company regarding Probuphine™ to be held on October 25th, 2011. Probuphine is an innovative, subcutaneous implant formulation that delivers a steady, round-the-clock dose of buprenorphine over six months following a single treatment. Titan is developing this formulation for the treatment of opioid dependence.
At the Pre-NDA meeting, Titan will review all elements of the Probuphine development program and seek FDA input and guidance on the proposed content of a New Drug Application (NDA). In preparation for the meeting, Titan is required to submit to the FDA a comprehensive briefing document by mid-September that includes data from all the non-clinical and clinical studies and the chemistry, manufacturing and control processes and procedures for the manufacturing of this formulation.
The FDA has agreed to review the Probuphine NDA submission under its 505(b)(2) regulations and can reference data that are in the public domain as well as rely on the FDA’s prior review of safety or efficacy for the reference listed drug. Guidance provided by the FDA in 2005 as part of the Investigational New Drug (IND) application discussions included a requirement that efficacy of treatment with Probuphine be demonstrated in two adequately controlled studies, and that the safety database include the treatment of approximately 500 patients with Probuphine for six months and approximately 100 patients for one year.
Katherine L. Beebe, Ph.D., Executive Vice President and Chief Development Officer of Titan, remarked, “This is an important meeting with the FDA to review all of the information on Probuphine development, especially the robust Phase 3 clinical results of Probuphine in the treatment of opioid addiction. We also expect to discuss and reach agreement with the FDA on the content and data required for the NDA. We believe the strong positive results from the two controlled studies of Probuphine and the follow-on re-treatment studies demonstrate the potential effectiveness of the treatment for opioid addiction and the safety and tolerability of this product. We look forward to our meeting with the FDA and obtaining their guidance on the sufficiency of these data so that we can appropriately plan the timing of our NDA submission.”
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At the Pre-NDA meeting, Titan will review all elements of the Probuphine development program and seek FDA input and guidance on the proposed content of a New Drug Application (NDA). In preparation for the meeting, Titan is required to submit to the FDA a comprehensive briefing document by mid-September that includes data from all the non-clinical and clinical studies and the chemistry, manufacturing and control processes and procedures for the manufacturing of this formulation.
The FDA has agreed to review the Probuphine NDA submission under its 505(b)(2) regulations and can reference data that are in the public domain as well as rely on the FDA’s prior review of safety or efficacy for the reference listed drug. Guidance provided by the FDA in 2005 as part of the Investigational New Drug (IND) application discussions included a requirement that efficacy of treatment with Probuphine be demonstrated in two adequately controlled studies, and that the safety database include the treatment of approximately 500 patients with Probuphine for six months and approximately 100 patients for one year.
Katherine L. Beebe, Ph.D., Executive Vice President and Chief Development Officer of Titan, remarked, “This is an important meeting with the FDA to review all of the information on Probuphine development, especially the robust Phase 3 clinical results of Probuphine in the treatment of opioid addiction. We also expect to discuss and reach agreement with the FDA on the content and data required for the NDA. We believe the strong positive results from the two controlled studies of Probuphine and the follow-on re-treatment studies demonstrate the potential effectiveness of the treatment for opioid addiction and the safety and tolerability of this product. We look forward to our meeting with the FDA and obtaining their guidance on the sufficiency of these data so that we can appropriately plan the timing of our NDA submission.”
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Franklin Wireless Corp. (FKWL) Announces Market Launch of New S600 Series of Stand-Alone Modems
On Tuesday, Franklin Wireless Corp. announced the market launch and commercial availability of the Company’s new S600 Series of stand-alone modems. Franklin Wireless Corp. is the market leader in dual-mode WiMAX and CDMA modems for 3G and 4G wireless broadband data communications.
The S600 Series represents a creative, reliable, and cost-effective solution that enables original equipment manufacturers (OEMs) to integrate cellular connectivity into their products easily. The expectation is that the main market opportunity for the S600 Series will be the rapidly growing machine-to-machine (M2M) space. It supports a broad array of products and applications. These include digital signage, vending machines, utility meters, surveillance cameras, point-of-sale kiosks, as well as several other products that require wireless remote monitoring. Recently, several potential new customers for the S600 have ordered product samples. They are currently using them for evaluation and testing purposes.
The S600 Series includes the S600. This is a dual-mode WiMAX/CDMA stand-alone modem. The S600 Series also includes the S600C and S600W. These are single-mode versions that operate over CDMA and WiMAX networks respectively. These products are powered by Franklin’s M600 Series of embedded modules that, in addition to M2M devices, are designed to be embedded and integrated into laptops, netbooks, and tablet PCs. The S600 Series of stand-alone modems supports Windows® 7, Windows Vista®, Windows XP, Linux, and Mac OS® X. Furthermore, the modems are housed in heavy-duty aluminum cases designed to withstand harsh environmental conditions.
Headquartered in San Diego, California, Franklin Wireless Corp. engages in the design, manufacture, and sale of high-speed wireless data products. These include third generation (3G) and fourth generation (4G) modems, routers, and modules. The Company’s current products focus on broadly deployed cellular technologies. These include CDMA EVDO Rev A, HSPA, WiMAX, and LTE. The Company was the world’s first supplier of CDMA EVDO Rev A and dual-mode (CDMA EVDO Rev A/WiMAX) Universal Serial Bus (USB) modems.
Their other products include Wi-Fi “hotspot” routers (that operate over WiMAX or CDMA networks) and wireless modules that normally sell to OEMs. Franklin Wireless Corp.’s primary customers are wireless carriers who look for innovative, reliable, and cost effective technology solutions for their subscribers. Franklin Wireless Corp.’s customer base extends from the United States to South America and the Caribbean.
Franklin Wireless Corp. has a majority ownership position in Franklin Technology Inc. (FTI). They are a research and development facility located in Seoul, South Korea. FTI provides design, development, and manufacturing services to Franklin for their wireless data products.
For more information visit: www.franklinwireless.com
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The S600 Series represents a creative, reliable, and cost-effective solution that enables original equipment manufacturers (OEMs) to integrate cellular connectivity into their products easily. The expectation is that the main market opportunity for the S600 Series will be the rapidly growing machine-to-machine (M2M) space. It supports a broad array of products and applications. These include digital signage, vending machines, utility meters, surveillance cameras, point-of-sale kiosks, as well as several other products that require wireless remote monitoring. Recently, several potential new customers for the S600 have ordered product samples. They are currently using them for evaluation and testing purposes.
The S600 Series includes the S600. This is a dual-mode WiMAX/CDMA stand-alone modem. The S600 Series also includes the S600C and S600W. These are single-mode versions that operate over CDMA and WiMAX networks respectively. These products are powered by Franklin’s M600 Series of embedded modules that, in addition to M2M devices, are designed to be embedded and integrated into laptops, netbooks, and tablet PCs. The S600 Series of stand-alone modems supports Windows® 7, Windows Vista®, Windows XP, Linux, and Mac OS® X. Furthermore, the modems are housed in heavy-duty aluminum cases designed to withstand harsh environmental conditions.
Headquartered in San Diego, California, Franklin Wireless Corp. engages in the design, manufacture, and sale of high-speed wireless data products. These include third generation (3G) and fourth generation (4G) modems, routers, and modules. The Company’s current products focus on broadly deployed cellular technologies. These include CDMA EVDO Rev A, HSPA, WiMAX, and LTE. The Company was the world’s first supplier of CDMA EVDO Rev A and dual-mode (CDMA EVDO Rev A/WiMAX) Universal Serial Bus (USB) modems.
Their other products include Wi-Fi “hotspot” routers (that operate over WiMAX or CDMA networks) and wireless modules that normally sell to OEMs. Franklin Wireless Corp.’s primary customers are wireless carriers who look for innovative, reliable, and cost effective technology solutions for their subscribers. Franklin Wireless Corp.’s customer base extends from the United States to South America and the Caribbean.
Franklin Wireless Corp. has a majority ownership position in Franklin Technology Inc. (FTI). They are a research and development facility located in Seoul, South Korea. FTI provides design, development, and manufacturing services to Franklin for their wireless data products.
For more information visit: www.franklinwireless.com
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Aquasil International, Inc. (AQUS) Enters Joint Venture Agreement to Commercialize Silver Water Source in Tajikistan
Aquasil International, Inc., the manufacturer of premium silver water worldwide, today announced it has signed a joint venture agreement with the government of Tajikistan to develop an area of the Kandara Varzob District.
The region has proven to be one of the largest silver water deposits in the country of Tajikistan. Granted full exclusivity to explore and develop the property, Aquasil has initiated Phase 1 of the fieldwork, which consists of site construction and water sampling.
In compliance with the governmental program, Aquasil will have to conduct a full professional reconnaissance, engineering and geological survey of the construction site. In addition to the site itself, a complete program covering all specific and salient points within a 1km radius of the construction site must be compiled and filed with the government agency. The program will entail the following:
1. Sampling of water on Zagryaznyaemost on a broad-spectrum chemical analysis.
2. Detailed analysis of water for bacteriological content.
3. Extensive soil sampling within 1km radius.
4. Securitization of water shed.
Once completed, Aquasil anticipates a smooth transition from permitting and planning to full deployment of its production facilities.
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The region has proven to be one of the largest silver water deposits in the country of Tajikistan. Granted full exclusivity to explore and develop the property, Aquasil has initiated Phase 1 of the fieldwork, which consists of site construction and water sampling.
In compliance with the governmental program, Aquasil will have to conduct a full professional reconnaissance, engineering and geological survey of the construction site. In addition to the site itself, a complete program covering all specific and salient points within a 1km radius of the construction site must be compiled and filed with the government agency. The program will entail the following:
1. Sampling of water on Zagryaznyaemost on a broad-spectrum chemical analysis.
2. Detailed analysis of water for bacteriological content.
3. Extensive soil sampling within 1km radius.
4. Securitization of water shed.
Once completed, Aquasil anticipates a smooth transition from permitting and planning to full deployment of its production facilities.
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EGPI Firecreek Inc. (EFIR) Video Chart for Wednesday, August 31, 2011
EFIR made a climb yesterday on a significant volume spike. The concept of “volume being a prelude to a price move” is in effect even though the stock price didn’t hold near its highs yesterday. Technical traders will be watching the support level at $0.02 and the resistance at $0.03 to see if a push towards the upper part of the recent channel will occur.
To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts
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To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts
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Tuesday, August 30, 2011
DG FastChannel, Inc. (DGIT) in Agreement to Acquire Unit of Limelight Networks
DG FastChannel, Inc. is a leading provider of digital media solutions and technology to the advertising, entertainment and broadcast industries. Through its television unit, the company serves more than 5,000 advertisers; though its internet unit, DG serves more than 9,000 brand owners.
The company today announced a definitive agreement to acquire Limelight Network’s EyeWonder video and rich media advertising unit for approximately $66 million in cash. The deal enhances DG’s position as a leading provider of interactive digital advertising products and services. The transaction is also expected to be accretive to the company’s 2012 GAAP earnings per share.
EyeWonder is leading provider of interactive digital advertising products and services. These include online video and rich media solutions, serving Fortune 1000 companies and premium marketers around the globe. In addition to helping clients create, track and optimize campaigns, EyeWonder is recognized globally for its technological expertise around targeting.
The chairman and CEO of DG, Scott Ginsburg, was upbeat about the acquisition. He said, “This deal is another step forward in expanding DG’s presence in the fast-growing internet advertising vertical. By joining EyeWonder with Unicast and MediaMind, we are strategically establishing an online media powerhouse.”
For additional information about DG, please visit the company’s website at www.DGit.com
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The company today announced a definitive agreement to acquire Limelight Network’s EyeWonder video and rich media advertising unit for approximately $66 million in cash. The deal enhances DG’s position as a leading provider of interactive digital advertising products and services. The transaction is also expected to be accretive to the company’s 2012 GAAP earnings per share.
EyeWonder is leading provider of interactive digital advertising products and services. These include online video and rich media solutions, serving Fortune 1000 companies and premium marketers around the globe. In addition to helping clients create, track and optimize campaigns, EyeWonder is recognized globally for its technological expertise around targeting.
The chairman and CEO of DG, Scott Ginsburg, was upbeat about the acquisition. He said, “This deal is another step forward in expanding DG’s presence in the fast-growing internet advertising vertical. By joining EyeWonder with Unicast and MediaMind, we are strategically establishing an online media powerhouse.”
For additional information about DG, please visit the company’s website at www.DGit.com
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Enviro Voraxial Technology, Inc. (EVTN) is Top 10 Finalist for Global Oil Cleanup Challenge – in Play for $1M
Enviro Voraxial Technology, Inc., a Florida-based cleantech company, today announced that its “Team Voraxial” has manufactured and shipped its high-volume Submersible Voraxial 8000 to OHMSETT (The National Oil Spill Response Research & Renewable Energy Test Facility) in Leonardo, NJ, to compete as a finalist in the $1.4 Million Wendy Schmidt Oil Cleanup X CHALLENGE. Enviro is a Top 10 finalist out of more than 350 international contenders; the company now advances to the final phase of the competition.
The company’s Submersible Voraxial 8000 Separator has the ability to process up to 7 million gallons of oil/water mixture per day. The system is a larger capacity version of the company’s Voraxial series, offering the same performance advantages of the patented Voraxial technology, enhanced with high-volume processing capacity. The Submersible Voraxial 8000 can operate at various ocean depths, allowing for the treatment of both surface and ocean-floor oil spills.
Showcasing the Submersible Voraxial 8000 in action, as a finalist in the competition, represents a tremendous opportunity to generate recognition for the company.
To win the $1 million grand purse, Enviro must demonstrate superior ability to recover oil on the sea-water surface at the highest oil recovery rate (ORR) above 2,500 gallons per minute with an oil efficiency (ORE) of greater than 70 percent. Second place is awarded $300,000 and third place will win $100,000.
Most importantly, Shell said it will work with the X PRIZE Foundation to promote, utilize and bring the winning technologies to market.
“We are beyond excited to demonstrate to the world the Submersible Voraxial 8000 in action,” Laura Di Bella, vice president of Enviro’s marketing and investor relations stated in the press release. “This is undoubtedly a great accomplishment for us and a major advance in the ability to contain and clean major oil spills. We have high hopes for our performance in the finals of this competition.”
The X CHALLENGE was developed by the X PRIZE Foundation, the leading nonprofit organization solving the global challenges by creating and managing large-scale, global initiatives competitions. The expectation of the challenge is to inspire entrepreneurs, engineers and scientists worldwide to develop innovative, rapidly deployable and highly efficient methods of capturing crude oil from the ocean surface.
For more information visit www.evtn.com
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The company’s Submersible Voraxial 8000 Separator has the ability to process up to 7 million gallons of oil/water mixture per day. The system is a larger capacity version of the company’s Voraxial series, offering the same performance advantages of the patented Voraxial technology, enhanced with high-volume processing capacity. The Submersible Voraxial 8000 can operate at various ocean depths, allowing for the treatment of both surface and ocean-floor oil spills.
Showcasing the Submersible Voraxial 8000 in action, as a finalist in the competition, represents a tremendous opportunity to generate recognition for the company.
To win the $1 million grand purse, Enviro must demonstrate superior ability to recover oil on the sea-water surface at the highest oil recovery rate (ORR) above 2,500 gallons per minute with an oil efficiency (ORE) of greater than 70 percent. Second place is awarded $300,000 and third place will win $100,000.
Most importantly, Shell said it will work with the X PRIZE Foundation to promote, utilize and bring the winning technologies to market.
“We are beyond excited to demonstrate to the world the Submersible Voraxial 8000 in action,” Laura Di Bella, vice president of Enviro’s marketing and investor relations stated in the press release. “This is undoubtedly a great accomplishment for us and a major advance in the ability to contain and clean major oil spills. We have high hopes for our performance in the finals of this competition.”
The X CHALLENGE was developed by the X PRIZE Foundation, the leading nonprofit organization solving the global challenges by creating and managing large-scale, global initiatives competitions. The expectation of the challenge is to inspire entrepreneurs, engineers and scientists worldwide to develop innovative, rapidly deployable and highly efficient methods of capturing crude oil from the ocean surface.
For more information visit www.evtn.com
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Augme Technologies, Inc. (AUGT) Announces Completes Acquisition of All Assets and Business of Hipcricket Inc.
Augme Technologies, Inc., a company that provides strategic services and mobile technology to consumer and healthcare brands, has announced that it has completed the acquisition of essentially all of the assets and the business of Hipcricket Inc., a leader in mobile marketing and advertising based near Seattle, Washington.
The purchase price, amounting to $44.5 million, was comprised of $3 million in cash, a $1 million promissory note, $2 million to be paid to Hipcricket option holders, which amount Augme may pay at its discretion in either Augme common stock or cash, and $38.5 million in Augme’s common stock. Also, the transaction calls for a twelve-month earn-out payment to Hipcricket employees and shareholders that is valued up to $27.5 million, which may be paid out in cash or Augme’s common stock at Augme’s dicretion provided that the transaction remains a tax-free organization. Augme anticipates retaining all of the employees at Hipcricket, and the current team at Hipcricket will continue to service Hipcricket’s customers.
Earlier on this summer, Hipcricket reached an industry-leading milestone by hosting its 130,000th campaign. The company had managed over 30,000 campaigns in 2011 by utilizing a broad range of mobile communications platforms, which include SMS, MMS, CRM, mobile-social programs, mobile coupons, QR codes, branded applications, mobile web, and various other platforms for clients such as Macy’s, MillerCoors, Nestle, KFC, and Clear Channel.
The activity pace for Hipcricket has steadily increased since the company powered its very first campaign back in 2004. Hipcricket developed and executed 17,000 campaigns in the first half of 2010 and nearly doubled that number for the first half of 2011. This year, the company is recording double-digit percentage month-over-month growth in the number of campaigns that are processed each month. Hipcricket’s Mobile Advertising Network has been used by companies in more than 15 industries, with a main focus on quick-service restaurants (QSR), travel, retail, technology, and consumer packaged goods (CPG).
Augme believes that, as a result of the acquisition of Hipcricket, it can count itself as the preeminent leader in end-to-end mobile marketing solutions for consumer brands, agencies, and pharmaceutical/health and media companies. The combined companies’ client roster includes more than 300 total clients, which include: ten of the world’s top twenty pharmaceutical companies, six of the biggest media companies in the world, four of the biggest advertising agencies in the world, three of the leading quick service restaurant groups in the world, and one of the largest food companies in the world.
“We believe that the acquisition of Hipcricket will allow Augme to provide the most powerful best-of-breed mobile marketing and advertising solutions to global brand name leaders, backed by strong intellectual property portfolios that include patented technology and software-as-a-service (‘SaaS’) technology platforms,” noted Paul Arena, Chief Executive Officer of Augme Technologies, Inc. “Additionally, Hipcricket’s revenues for the twelve months ended July 31, 2011approximated $9.4 million on which it earned a 67% gross profit margin.”
In recent months, Augme believes that is has significantly expanded and brought strength to the capabilities of its industry-leading management team. Paul Arena still remains Chief Executive Officer of Augme, while Hipcricket’s founder and Chief Executive Officer, Ivan Braiker, has been appointed as President and joins Augme’s Board of Directors. Jim Crawford has stepped down as director of the Company, but remains Augme’s Chief Information Officer. Eric Harber, President and Chief Operating Officer of Hipcricket, joins Augme’s management team as Chief Operating Officer. Phillip Rapp, who previously served as Chief Operating Officer of Augme, has become Executive Vice President of Strategic Planning. Succeeding Augme’s acquisition of JAGTAG last month, the former CEO of that company, Ed Jordan, was appointed Chief Financial Officer of Augme.
“This well-rounded senior management team has more than 200 years of combined experience in brand marketing, social media, Internet, telecommunications, advertising, customer relationship management technology and data analytics in a number of industries that are relevant to Augme’s strategic business objectives,” added Arena.
Ivan Braiker is an innovator in the field of integration of new and traditional media and harbors more than 30 years of executive management experience in broadcasting and media. Eric Harber is a veteran of mobile and software with a vast amount of experience in general management, strategy, M&A, product development, sales and marketing that has given him a reputation for driving revenue growth, building effective teams and managing change in dynamic environments for companies at their various stages of growth.
“As the mobile marketing industry matures, we believe companies that can provide a comprehensive array of effective mobile solutions built upon robust technology platforms and best-of-breed strategic services will become increasingly attractive partners for global, national and regional brand-name leaders,” continued Paul Arena. “By positioning itself to become the preeminent one-stop mobile marketing and advertising provider, we believe that Augme is ideally positioned to take advantage of these industry trends.”
“We expect the combined company to continue to innovate and deliver powerful mobile marketing tools and campaigns to all of its existing customers, including over 50 Fortune 500 and Global 500 companies, and to future customers seeking best-in-class solutions and results,” observed Mr. Braiker.
For more information on Augme Technologies, Inc. visit their company website at http://www.augme.com
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The purchase price, amounting to $44.5 million, was comprised of $3 million in cash, a $1 million promissory note, $2 million to be paid to Hipcricket option holders, which amount Augme may pay at its discretion in either Augme common stock or cash, and $38.5 million in Augme’s common stock. Also, the transaction calls for a twelve-month earn-out payment to Hipcricket employees and shareholders that is valued up to $27.5 million, which may be paid out in cash or Augme’s common stock at Augme’s dicretion provided that the transaction remains a tax-free organization. Augme anticipates retaining all of the employees at Hipcricket, and the current team at Hipcricket will continue to service Hipcricket’s customers.
Earlier on this summer, Hipcricket reached an industry-leading milestone by hosting its 130,000th campaign. The company had managed over 30,000 campaigns in 2011 by utilizing a broad range of mobile communications platforms, which include SMS, MMS, CRM, mobile-social programs, mobile coupons, QR codes, branded applications, mobile web, and various other platforms for clients such as Macy’s, MillerCoors, Nestle, KFC, and Clear Channel.
The activity pace for Hipcricket has steadily increased since the company powered its very first campaign back in 2004. Hipcricket developed and executed 17,000 campaigns in the first half of 2010 and nearly doubled that number for the first half of 2011. This year, the company is recording double-digit percentage month-over-month growth in the number of campaigns that are processed each month. Hipcricket’s Mobile Advertising Network has been used by companies in more than 15 industries, with a main focus on quick-service restaurants (QSR), travel, retail, technology, and consumer packaged goods (CPG).
Augme believes that, as a result of the acquisition of Hipcricket, it can count itself as the preeminent leader in end-to-end mobile marketing solutions for consumer brands, agencies, and pharmaceutical/health and media companies. The combined companies’ client roster includes more than 300 total clients, which include: ten of the world’s top twenty pharmaceutical companies, six of the biggest media companies in the world, four of the biggest advertising agencies in the world, three of the leading quick service restaurant groups in the world, and one of the largest food companies in the world.
“We believe that the acquisition of Hipcricket will allow Augme to provide the most powerful best-of-breed mobile marketing and advertising solutions to global brand name leaders, backed by strong intellectual property portfolios that include patented technology and software-as-a-service (‘SaaS’) technology platforms,” noted Paul Arena, Chief Executive Officer of Augme Technologies, Inc. “Additionally, Hipcricket’s revenues for the twelve months ended July 31, 2011approximated $9.4 million on which it earned a 67% gross profit margin.”
In recent months, Augme believes that is has significantly expanded and brought strength to the capabilities of its industry-leading management team. Paul Arena still remains Chief Executive Officer of Augme, while Hipcricket’s founder and Chief Executive Officer, Ivan Braiker, has been appointed as President and joins Augme’s Board of Directors. Jim Crawford has stepped down as director of the Company, but remains Augme’s Chief Information Officer. Eric Harber, President and Chief Operating Officer of Hipcricket, joins Augme’s management team as Chief Operating Officer. Phillip Rapp, who previously served as Chief Operating Officer of Augme, has become Executive Vice President of Strategic Planning. Succeeding Augme’s acquisition of JAGTAG last month, the former CEO of that company, Ed Jordan, was appointed Chief Financial Officer of Augme.
“This well-rounded senior management team has more than 200 years of combined experience in brand marketing, social media, Internet, telecommunications, advertising, customer relationship management technology and data analytics in a number of industries that are relevant to Augme’s strategic business objectives,” added Arena.
Ivan Braiker is an innovator in the field of integration of new and traditional media and harbors more than 30 years of executive management experience in broadcasting and media. Eric Harber is a veteran of mobile and software with a vast amount of experience in general management, strategy, M&A, product development, sales and marketing that has given him a reputation for driving revenue growth, building effective teams and managing change in dynamic environments for companies at their various stages of growth.
“As the mobile marketing industry matures, we believe companies that can provide a comprehensive array of effective mobile solutions built upon robust technology platforms and best-of-breed strategic services will become increasingly attractive partners for global, national and regional brand-name leaders,” continued Paul Arena. “By positioning itself to become the preeminent one-stop mobile marketing and advertising provider, we believe that Augme is ideally positioned to take advantage of these industry trends.”
“We expect the combined company to continue to innovate and deliver powerful mobile marketing tools and campaigns to all of its existing customers, including over 50 Fortune 500 and Global 500 companies, and to future customers seeking best-in-class solutions and results,” observed Mr. Braiker.
For more information on Augme Technologies, Inc. visit their company website at http://www.augme.com
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QualityStocks is Now Available on the Apple App Store!
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It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. Over the last few months our team has worked very hard to bring the same high quality content you expect from QualityStocks to your mobile devices.
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Sionix Corp. (SINX) Executes Agreement with Dakota Solutions Inc.
Mobile water treatment systems designer Sionix Corp. announced today that it has executed an agreement with Dakota Solutions, Inc. (DSI) for the lease of property in Tioga, North Dakota. The property will be used in the operation of a Waste Water Treatment Facility (WWTF) in the Bakken Shale Formation.
According to the terms of the agreement, Sionix will design, build, own and operate a WWTF on an 80 acre parcel of leased property near Tioga, ND, the first WWTF of its kind in the Williston Basin. The WWTF will be designed specifically for the treatment of heavily contaminated production, flowback and frac water and will be equipped with the company’s proprietary MWTS products and underlying dissolved air flotation technology. DSI owns and operates a fleet of waste hauling tankers for the transport of oil and gas drilling waste water in the Williston Basin region of North Dakota; therefore, DSI will transport oil and gas drilling waste to the WWTF as well as treated water back to drillers so that continued draw down on threatened fresh water resources is minimized.
“After months of evaluating available data, we are moving forward with plans to construct and operate a waste water treatment facility in the Bakken Shale Formation,” said James R. Currier, Chairman and CEO of Sionix. “We believe the combination of current and projected oil and gas drilling activities, limited availability of fresh water resources, and the absence of a comprehensive waste water treatment and water recycling facility makes this high energy reserve area an ideal location for the installation and operation of a WWTF equipped with our proprietary MWTS.”
He continued, “It is expected to provide a critical resource for oil and gas drillers to treat and recycle (millions of gallons of) contaminated production, flowback and frac waste water (daily) without unnecessary stress on limited fresh water resources in the area. We expect the facility will serve not only oil and gas interests but also other industrial, agricultural, commercial and general public demands that require access to the limited public water supplies. With DSI hauling waste water exclusively to the Sionix WWTF, expected contracts with a number of drillers, and anticipated cooperation from local regulators, we believe we will have significant demand for our services.”
John Hennessy and Mark Tudahl, co-owners of DSI, commented, “With deep roots, strong family ties, and a life long love for the prairies of North Dakota, we feel this is a great opportunity to preserve and maintain one of the prairies’ most vital resources, simply water.”
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According to the terms of the agreement, Sionix will design, build, own and operate a WWTF on an 80 acre parcel of leased property near Tioga, ND, the first WWTF of its kind in the Williston Basin. The WWTF will be designed specifically for the treatment of heavily contaminated production, flowback and frac water and will be equipped with the company’s proprietary MWTS products and underlying dissolved air flotation technology. DSI owns and operates a fleet of waste hauling tankers for the transport of oil and gas drilling waste water in the Williston Basin region of North Dakota; therefore, DSI will transport oil and gas drilling waste to the WWTF as well as treated water back to drillers so that continued draw down on threatened fresh water resources is minimized.
“After months of evaluating available data, we are moving forward with plans to construct and operate a waste water treatment facility in the Bakken Shale Formation,” said James R. Currier, Chairman and CEO of Sionix. “We believe the combination of current and projected oil and gas drilling activities, limited availability of fresh water resources, and the absence of a comprehensive waste water treatment and water recycling facility makes this high energy reserve area an ideal location for the installation and operation of a WWTF equipped with our proprietary MWTS.”
He continued, “It is expected to provide a critical resource for oil and gas drillers to treat and recycle (millions of gallons of) contaminated production, flowback and frac waste water (daily) without unnecessary stress on limited fresh water resources in the area. We expect the facility will serve not only oil and gas interests but also other industrial, agricultural, commercial and general public demands that require access to the limited public water supplies. With DSI hauling waste water exclusively to the Sionix WWTF, expected contracts with a number of drillers, and anticipated cooperation from local regulators, we believe we will have significant demand for our services.”
John Hennessy and Mark Tudahl, co-owners of DSI, commented, “With deep roots, strong family ties, and a life long love for the prairies of North Dakota, we feel this is a great opportunity to preserve and maintain one of the prairies’ most vital resources, simply water.”
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Eddie Lageyre Joins SED International Holdings, Inc. (SED) as Senior VP of Purchasing
SED International Holdings, Inc. announced yesterday that they had placed Eddie Lageyre into the position of Senior Vice President, U.S. Purchasing. Lageyre will work out of the company’s new headquarters, based in Lawrenceville, GA.
SED International is an Atlanta, GA distributor of electronics, such as computers, consumer electronics, cell phones and small appliances. SED also offers supply chain management services for internet retailers. Their primary customer base is in the U.S. and Latin America, where they have over 10,000 retail partners and distribution channels. SED has operation centers in Georgia, Florida, California and Texas, as well as Colombia and Buenos Aires.
With 18 years of industry experience, including VP of merchandising at ArchBrook Laguna and senior merchandising executive at OnSale.com, Lageyre will lead all purchasing at SED. Lageyre’s purchasing career began by spending fifteen years at TigerDirect, finishing his career there as VP of merchandising for PC hardware and peripherals. Lageyre has been the driving force behind e-commerce initiatives and fostered many vendor relationships, which will serve him well at SED.
“Eddie brings a wealth of experience to this role, with an extensive background as a wholesale distributor and direct-to-consumer and business-to-business reseller (e-commerce and retail),” said Jonathan Elster, CEO of SED. “His knowledge of managing multiple categories across various revenue streams and sales channels for companies such as ArchBrook Laguna, PC Mall and TigerDirect make him uniquely qualified to lead the U.S. purchasing efforts for SED. This role is an important addition to the company, as it further strengthens our purchasing organization as we execute on aggressive product and vendor partner related initiatives in conjunction with our three-year strategic growth plan.”
“SED has solid relationships with industry leading vendors, and I look forward to building on these connections,” said Lageyre. “My background and experience make me well-suited to this role, and I am very excited for the opportunity to help SED continue to grow and thrive by maximizing current channel opportunities and creating new ones.”
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SED International is an Atlanta, GA distributor of electronics, such as computers, consumer electronics, cell phones and small appliances. SED also offers supply chain management services for internet retailers. Their primary customer base is in the U.S. and Latin America, where they have over 10,000 retail partners and distribution channels. SED has operation centers in Georgia, Florida, California and Texas, as well as Colombia and Buenos Aires.
With 18 years of industry experience, including VP of merchandising at ArchBrook Laguna and senior merchandising executive at OnSale.com, Lageyre will lead all purchasing at SED. Lageyre’s purchasing career began by spending fifteen years at TigerDirect, finishing his career there as VP of merchandising for PC hardware and peripherals. Lageyre has been the driving force behind e-commerce initiatives and fostered many vendor relationships, which will serve him well at SED.
“Eddie brings a wealth of experience to this role, with an extensive background as a wholesale distributor and direct-to-consumer and business-to-business reseller (e-commerce and retail),” said Jonathan Elster, CEO of SED. “His knowledge of managing multiple categories across various revenue streams and sales channels for companies such as ArchBrook Laguna, PC Mall and TigerDirect make him uniquely qualified to lead the U.S. purchasing efforts for SED. This role is an important addition to the company, as it further strengthens our purchasing organization as we execute on aggressive product and vendor partner related initiatives in conjunction with our three-year strategic growth plan.”
“SED has solid relationships with industry leading vendors, and I look forward to building on these connections,” said Lageyre. “My background and experience make me well-suited to this role, and I am very excited for the opportunity to help SED continue to grow and thrive by maximizing current channel opportunities and creating new ones.”
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Global Earth Energy Inc. (GLER) is “One to Watch”
Global Earth Energy, Inc. provides renewable energy solutions and pursues joint venture agreements with solutions providers. The Company’s first two key joint ventures consist of a 300,000 hectares partnership with ReFlora De Brazil for the co-management of properties to create green financial products. The second joint venture is with LifeCycle Investments, a life settlement LLC, located in the Chicagoland area. Global Earth Energy Inc. has their headquarters in Wilmington, North Carolina.
Global Earth Energy Inc. and Reflora De Brazil, combined, hold more than 300,000 hectares of tropical forests in Brazil. The joint venture has hired a management team with global expertise managing more than 21,000,000 hectares. Global Earth and ReFloras eco-system business opportunities include, but are not limited to, development and sale of carbon-offset credits based on current rain forests and agricultural conditions existing in Brazil, and development and sale of carbon offset credits generated from forest set aside (avoided deforestation) projects in appropriate locales in Brazil.
Business opportunities also include development and sale of REDD and VER carbon credits generated from rain forests in Brazil; development and sale of water abatement, biodiversity, and conservation credits, and controlled sustainable production and sale of agricultural products, including timber and bio-fuel crops.
The joint venture will own and manage $12,000,000.00 in settlements. LifeCycle will continue to assemble portfolios of life settlements utilizing their network of aggregators and brokers. These include some of the largest leading life settlement aggregators in the United States. In pricing life settlements for possible acquisition by LifeCycle, LifeCycle will continue to use their successful proprietary pricing and bidding models.
Earlier this month, Global Earth Energy, Inc. announced, along with their joint venture partner Modern Coal, LLC, that they will complete the acquisition of Samuel Coal, Inc. by September 6, 2011 or sooner. Modern Coal, LLC is a Texas major contract mining company. The details for full production of site production are undergoing coordination with local resources under the supervision of the joint venture and Samuel Coal. Because of the abundance of resources on the Samuel Coal properties, the joint venture is currently ramping up to move forward with multiple Letters Of Intent already in place. The mines are located on approximately 5,000 acres near Hindman in the eastern part of Kentucky.
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Global Earth Energy Inc. and Reflora De Brazil, combined, hold more than 300,000 hectares of tropical forests in Brazil. The joint venture has hired a management team with global expertise managing more than 21,000,000 hectares. Global Earth and ReFloras eco-system business opportunities include, but are not limited to, development and sale of carbon-offset credits based on current rain forests and agricultural conditions existing in Brazil, and development and sale of carbon offset credits generated from forest set aside (avoided deforestation) projects in appropriate locales in Brazil.
Business opportunities also include development and sale of REDD and VER carbon credits generated from rain forests in Brazil; development and sale of water abatement, biodiversity, and conservation credits, and controlled sustainable production and sale of agricultural products, including timber and bio-fuel crops.
The joint venture will own and manage $12,000,000.00 in settlements. LifeCycle will continue to assemble portfolios of life settlements utilizing their network of aggregators and brokers. These include some of the largest leading life settlement aggregators in the United States. In pricing life settlements for possible acquisition by LifeCycle, LifeCycle will continue to use their successful proprietary pricing and bidding models.
Earlier this month, Global Earth Energy, Inc. announced, along with their joint venture partner Modern Coal, LLC, that they will complete the acquisition of Samuel Coal, Inc. by September 6, 2011 or sooner. Modern Coal, LLC is a Texas major contract mining company. The details for full production of site production are undergoing coordination with local resources under the supervision of the joint venture and Samuel Coal. Because of the abundance of resources on the Samuel Coal properties, the joint venture is currently ramping up to move forward with multiple Letters Of Intent already in place. The mines are located on approximately 5,000 acres near Hindman in the eastern part of Kentucky.
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Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
The QualityStocks Daily Newsletter has been a real hit with both traders and investors because it keeps their finger on the market’s pulse without having to spend countless hours keeping up-to-date. The publication consolidates information from hundreds of Small-Cap and Micro-Cap Online Investment Newsletters in a summary format, plus provides the latest information on the companies we feature.
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The QualityStocks Blog keeps investors up to date on everything related to the small cap and micro cap markets. Alternative fuels and power sources, entertainment media, telecommunications, delivery services, healthcare, and retail are all covered on a regular basis. Investors are also able to learn more about emerging companies that they otherwise would not hear about.
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Stocks to avoid, Due Diligence, Monitoring Investments, Key terms in investing – these are among the topics covered by us in our section called the Market Basics. This is where we give answers to basic questions regarding stock investments for both new and experienced investors.
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Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
The QualityStocks Daily Newsletter has been a real hit with both traders and investors because it keeps their finger on the market’s pulse without having to spend countless hours keeping up-to-date. The publication consolidates information from hundreds of Small-Cap and Micro-Cap Online Investment Newsletters in a summary format, plus provides the latest information on the companies we feature.
To sign up for the QualityStocks Daily Newsletter, visit www.signup.qualitystocks.net
The QualityStocks Blog keeps investors up to date on everything related to the small cap and micro cap markets. Alternative fuels and power sources, entertainment media, telecommunications, delivery services, healthcare, and retail are all covered on a regular basis. Investors are also able to learn more about emerging companies that they otherwise would not hear about.
To view the QualityStocks Blog, visit www.blog.qualitystocks.net
Every day we choose a stock that is either poised to either bounce from a recent retrace or displays continuation patterns backed up by technical indicators. While watching these videos, viewers not only find out about a new trading opportunity, but also learn how to effectively apply technical analysis in a real-world setting.
To view the QualityStocks Chart Videos, visit www.videocharts.qualitystocks.net
Stocks to avoid, Due Diligence, Monitoring Investments, Key terms in investing – these are among the topics covered by us in our section called the Market Basics. This is where we give answers to basic questions regarding stock investments for both new and experienced investors.
To visit our Market Basics page, visit http://www.qualitystocks.net/basics.php
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Sauer Energy, Inc. (SENY) to Begin Accepting Distributorship Applications
Located in Newbury Park, California, Sauer Energy has quickly earned a reputation as a technology developer and planned manufacturer focused on the emerging renewable energy market. Today, the Company took a major step forward with the announcement they are accepting distributorship applications.
One of the major reasons Sauer Energy has garnered national attention is their WindCharger product. The WindCharger was created to provide better solution for the use of wind capture for residential or small building use.
The WindCharger will first launch in the United States through national distributorships, achieving Sauer Energy’s main goal to fill the domestic market first. The young company then plans to move into the international market to meet global demand.
Leading the way at Sauer Energy is Dieter Sauer whom serves as the company’s President and CEO. Commenting about the importance of the WindCharger, Sauer stated, “With today’s economy, we strive to offer the end-users the best service to go along with our cutting-edge technology. The support of a certified distributor equates to overall superior customer service. Sauer added, “Our country is experiencing a shortage of domestically manufactured small wind turbines. As energy rates escalate, the WindCharger will become a more valuable and cost-effective option for acquiring and supplying our electrical needs.”
To learn more about the company as a whole, visit their corporate website at www.SauerEnergy.com. Interested parties can find a preliminary application on the website at: http://bit.ly/pR8ehq
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One of the major reasons Sauer Energy has garnered national attention is their WindCharger product. The WindCharger was created to provide better solution for the use of wind capture for residential or small building use.
The WindCharger will first launch in the United States through national distributorships, achieving Sauer Energy’s main goal to fill the domestic market first. The young company then plans to move into the international market to meet global demand.
Leading the way at Sauer Energy is Dieter Sauer whom serves as the company’s President and CEO. Commenting about the importance of the WindCharger, Sauer stated, “With today’s economy, we strive to offer the end-users the best service to go along with our cutting-edge technology. The support of a certified distributor equates to overall superior customer service. Sauer added, “Our country is experiencing a shortage of domestically manufactured small wind turbines. As energy rates escalate, the WindCharger will become a more valuable and cost-effective option for acquiring and supplying our electrical needs.”
To learn more about the company as a whole, visit their corporate website at www.SauerEnergy.com. Interested parties can find a preliminary application on the website at: http://bit.ly/pR8ehq
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Monday, August 29, 2011
China Net Online (CNET) Details Blueprint for Global Market Expansion
ChinaNet Online Holdings Inc., a leading B2B integrated Internet service provider for small to medium-sized enterprises (SMEs) in the People’s Republic of China, today laid out the plans for its expansion to attract Taiwan-based global franchises. The company also announced its annual participation in the 2011 Taipei International Chain and Franchise Autumn Exhibition held last weekend at the World Trade Exhibition Centre in Taipei, Taiwan.
As ChinaNet strategizes and executes an effective means of international expansion and marketing, the company said it has been accepted as a member of the International Franchise Association (IFA), the world’s oldest and largest organization representing franchising.
It’s an achievement that company chairman and CEO Handong Cheng says will enhance the company’s position in the global marketplace, and open doors for additional opportunities and recognition.
“In 2010, ChinaNet was the first in our industry to establish a presence in Taiwan. We are pleased that efforts to build upon our new relationships have begun to bear fruit and contribute to our revenues as we continue to promote the expansion of Taiwanese franchise enterprises in China. Our growing international presence will be additionally strengthened with our membership in the IFA, which we believe will offer new opportunities for growth,” Cheng stated in the press release.
The company recently participated in the 2011 Taipei International Chain and Franchise Autumn Exhibition, which is the largest business exhibition in Asia, featuring more than 200 hundred brands and attracting 48,000 visitors this year.
ChinaNet’s presence at the Exhibition fueled its efforts to attract foreign franchises to China through the company’s franchise gateway and marketing platforms, 28.com and Liansuo.com.
For more information visit www.chinanet-online.com
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As ChinaNet strategizes and executes an effective means of international expansion and marketing, the company said it has been accepted as a member of the International Franchise Association (IFA), the world’s oldest and largest organization representing franchising.
It’s an achievement that company chairman and CEO Handong Cheng says will enhance the company’s position in the global marketplace, and open doors for additional opportunities and recognition.
“In 2010, ChinaNet was the first in our industry to establish a presence in Taiwan. We are pleased that efforts to build upon our new relationships have begun to bear fruit and contribute to our revenues as we continue to promote the expansion of Taiwanese franchise enterprises in China. Our growing international presence will be additionally strengthened with our membership in the IFA, which we believe will offer new opportunities for growth,” Cheng stated in the press release.
The company recently participated in the 2011 Taipei International Chain and Franchise Autumn Exhibition, which is the largest business exhibition in Asia, featuring more than 200 hundred brands and attracting 48,000 visitors this year.
ChinaNet’s presence at the Exhibition fueled its efforts to attract foreign franchises to China through the company’s franchise gateway and marketing platforms, 28.com and Liansuo.com.
For more information visit www.chinanet-online.com
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American International Industries, Inc. (AMIN) Utilizes Management Expertise to Acquire Timber and Agricultural Concessions in Cameroon
American International Industries, Inc., a growing investment organization that takes an active role in the companies it invests in to foster growth and profitability through its financial resources and its management expertise, today announced an agreement to acquire timber and agricultural concessions in the West African nation of Cameroon in consideration for the issuance of stock by a newly-organized entity of American International, Africa Ag Corporation (“AAC”). The parties are preparing a definitive Sales and Purchase Agreement for execution and closing, expected to occur during the 4th quarter of 2011.
“This acquisition represents American’s strategic move to utilize its executive and management resources to generate income for American, through management fees, and provide American with added value through its equity participation. American, as a diversified holding company, controls and manages four operating subsidiaries, with a management team having the expertise to provide important business development and management resources to growing companies. Further, the participation in the timber and agricultural sector is consistent with the Company’s focus on hard assets as a hedge against inflation and devaluation of currencies,” stated Daniel Dror, Chief Executive Officer, American in the press statement.
This is a no cash deal for American and there will also not be any American International shares issued in connection with the acquisition. American International will provide AAC with executive and administrative services in exchange for a cash management fee from AAC, initially fixed at $250,000 and American International will be reimbursed for direct expenses it incurs on behalf of AAC. The use of American International’s management expertise will allow AAC’s team to focus its efforts on operating the concessions. A third party is currently evaluating the valuations of the agricultural and timber concession.
“The AAC holdings consist of more than 250,000 acres of agricultural land in the Yaounde area of Cameroon and, pursuant to the Sale and Purchase Agreement, may be operated by AAC for the sale and export of multiple products and crops, including timber and biofuels, for a period of 99 years. I am pleased to announce that AAC also has executed a contract to acquire an additional concession of 300,000 acres of sustainable Cameroon Federal timber. Together with a fully-functional sawmill, which will further enhance the operations and the value of American’s interest,” said Scott Gaille, President of American in a press release Monday. Mr. Gaille has travelled to 22 African nations developing multiple relationships and business interests in Africa over the years.
For more information on American International Industries, Inc please visit www.americanii.com
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“This acquisition represents American’s strategic move to utilize its executive and management resources to generate income for American, through management fees, and provide American with added value through its equity participation. American, as a diversified holding company, controls and manages four operating subsidiaries, with a management team having the expertise to provide important business development and management resources to growing companies. Further, the participation in the timber and agricultural sector is consistent with the Company’s focus on hard assets as a hedge against inflation and devaluation of currencies,” stated Daniel Dror, Chief Executive Officer, American in the press statement.
This is a no cash deal for American and there will also not be any American International shares issued in connection with the acquisition. American International will provide AAC with executive and administrative services in exchange for a cash management fee from AAC, initially fixed at $250,000 and American International will be reimbursed for direct expenses it incurs on behalf of AAC. The use of American International’s management expertise will allow AAC’s team to focus its efforts on operating the concessions. A third party is currently evaluating the valuations of the agricultural and timber concession.
“The AAC holdings consist of more than 250,000 acres of agricultural land in the Yaounde area of Cameroon and, pursuant to the Sale and Purchase Agreement, may be operated by AAC for the sale and export of multiple products and crops, including timber and biofuels, for a period of 99 years. I am pleased to announce that AAC also has executed a contract to acquire an additional concession of 300,000 acres of sustainable Cameroon Federal timber. Together with a fully-functional sawmill, which will further enhance the operations and the value of American’s interest,” said Scott Gaille, President of American in a press release Monday. Mr. Gaille has travelled to 22 African nations developing multiple relationships and business interests in Africa over the years.
For more information on American International Industries, Inc please visit www.americanii.com
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Metalico Inc. (MEA) Video Chart for Monday, August 29, 2011
MEA had a strong day on Friday and has put together a nice climb since hitting a bottom at $3.64 which was followed by a confirmed bullish harami reversal pattern. Friday’s climb will have the eyes of technical traders as the stock continues to try to establish an upward trend.
To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts
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To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts
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AuRico Gold Inc. (AUQ) Moves to Acquire Northgate Minerals, Resulting Company a Serious Contender in the Intermediate Range
AuRico Gold, the Canadian gold and silver developer with three rich, wholly-owned operating properties in Mexico, in conjunction with Northgate Minerals Corp., have announced entry into a definitive acquisition agreement whereby a new, leading intermediate gold production company will emerge.
President and CEO of AUQ, Rene Marion, described the resulting fusion of AuRico and Northgate as constituting a formidable force in the sector and will immediately position the “combined company as a pre-eminent intermediate gold producer with peer leading growth.” Marion was quite happy to point out the striking similarities between the two companies in terms of assets, projects and people, asserting that the logistical match-up would go swimmingly.
President and CEO of Northgate, Richard Hall, concurred wholeheartedly with his colleague at AUQ, highlighting the quality of the deal as a huge opportunity, both for Northgate shareholders and the market. Hall underscored the hard work Northgate personnel have put in, developing a strong portfolio of mineral properties in Canada and Australia, outlining the obvious production synergies this deal will create.
Highlights of the resulting business structure:
• Five operational gold mines with a sixth coming online in 2012
• Three promising gold development projects in Mexico, Canada and Australia, noted as being three of the top global hotspots for ideal mining jurisdictions
• Roughly 54% boost in production from 475k gold-equivalent ounces in 2012, to 730k in 2013 (based on combined midpoints of the production guidance from both companies)
Details of the agreement:
• AUQ will acquire all outstanding common shares of Northgate at a ratio of 0.365:1, a 45% premium to Northgate’s shareholders. (Based on the Aug. 26, 2011, TSX 20-day volume weighted average prices of both companies)
• Unanimous approval from the Board of each company will be executed via court approved plan of arrangement, with UBS Securities Canada Inc. and GMP Securities L.P. providing oversight
• The agreement would supersede a previous arrangement between Northgate and Primero Mining Corp. (announced on July 13, 2011), because according to Northagate the AUQ agreement is a “superior proposal” (decision reached by Northgate on Aug. 28, 2011). Northgate has subsequently paid the $25M termination fee and terminated the Primero agreement.
• The Sept. 21, 2011 Northgate Shareholders Meeting has been postponed until Oct. 2011, in order to allow for transaction approval via a required sixty six and two-thirds percent vote. A similar meeting will be held by AUQ on the same date in order to obtain a majority shareholder approval.
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President and CEO of AUQ, Rene Marion, described the resulting fusion of AuRico and Northgate as constituting a formidable force in the sector and will immediately position the “combined company as a pre-eminent intermediate gold producer with peer leading growth.” Marion was quite happy to point out the striking similarities between the two companies in terms of assets, projects and people, asserting that the logistical match-up would go swimmingly.
President and CEO of Northgate, Richard Hall, concurred wholeheartedly with his colleague at AUQ, highlighting the quality of the deal as a huge opportunity, both for Northgate shareholders and the market. Hall underscored the hard work Northgate personnel have put in, developing a strong portfolio of mineral properties in Canada and Australia, outlining the obvious production synergies this deal will create.
Highlights of the resulting business structure:
• Five operational gold mines with a sixth coming online in 2012
• Three promising gold development projects in Mexico, Canada and Australia, noted as being three of the top global hotspots for ideal mining jurisdictions
• Roughly 54% boost in production from 475k gold-equivalent ounces in 2012, to 730k in 2013 (based on combined midpoints of the production guidance from both companies)
Details of the agreement:
• AUQ will acquire all outstanding common shares of Northgate at a ratio of 0.365:1, a 45% premium to Northgate’s shareholders. (Based on the Aug. 26, 2011, TSX 20-day volume weighted average prices of both companies)
• Unanimous approval from the Board of each company will be executed via court approved plan of arrangement, with UBS Securities Canada Inc. and GMP Securities L.P. providing oversight
• The agreement would supersede a previous arrangement between Northgate and Primero Mining Corp. (announced on July 13, 2011), because according to Northagate the AUQ agreement is a “superior proposal” (decision reached by Northgate on Aug. 28, 2011). Northgate has subsequently paid the $25M termination fee and terminated the Primero agreement.
• The Sept. 21, 2011 Northgate Shareholders Meeting has been postponed until Oct. 2011, in order to allow for transaction approval via a required sixty six and two-thirds percent vote. A similar meeting will be held by AUQ on the same date in order to obtain a majority shareholder approval.
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Simulated Environment Concepts (SMEV) Translates User Benefits into Market Benefits
The list of benefits associated with SpaCapsule, the flagship automated water massage system by SE Concepts, determines the product’s markets. The range of benefits is the principal reason for the market diversity enjoyed by SpaCapsule.
SpaCapsule’s primary benefits include business as well as end-user advantages.
• Stress Relief
• Pain Control
• Cellulite Reduction
• Weight Loss
• Muscle Toning
• Lower Blood Pressure
• Circulation Enhancement
• Rehabilitation Augmentation
• Ease of Setup and Operation
• Self Contained
• Consistency of Performance
• Quick Return On Investment
• Comprehensive System Support
The many user benefits translate into market benefits, offering multiple revenue sources. The value potential inherent in just the rehabilitation, weight loss, and pain management markets is substantial, especially when considering that the company continues to build its worldwide network of contacts and partnerships.
For example, there are millions of people in the U.S. and around the world that suffer from fibromyalgia, where continuous and widespread musculoskeletal pain deeply affects the quality of life of sufferers. There is no known cure for the disease, and the focus remains on symptom mitigation, an area where SpaCapsule could play a significant role.
On an even greater scale, the global weight and cellulite reduction market is now estimated to be over $500 billion. Involving no physical exercise, and no medications, SpaCapsule represents one of the most unique approaches to this market, which helps explain its growing popularity in fitness centers and day spas.
SE Concepts anticipates ongoing royalty streams from co-branding, franchising, and business customers. The company has already established a presence in doctors’ offices, hotels, wellness centers, hospitals, airports, resorts, and other locations, and each of these individual client lists will continue to expand.
For more information, visit www.SpaCapsule.com and the corporate website at www.SECCorporation.com
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SpaCapsule’s primary benefits include business as well as end-user advantages.
• Stress Relief
• Pain Control
• Cellulite Reduction
• Weight Loss
• Muscle Toning
• Lower Blood Pressure
• Circulation Enhancement
• Rehabilitation Augmentation
• Ease of Setup and Operation
• Self Contained
• Consistency of Performance
• Quick Return On Investment
• Comprehensive System Support
The many user benefits translate into market benefits, offering multiple revenue sources. The value potential inherent in just the rehabilitation, weight loss, and pain management markets is substantial, especially when considering that the company continues to build its worldwide network of contacts and partnerships.
For example, there are millions of people in the U.S. and around the world that suffer from fibromyalgia, where continuous and widespread musculoskeletal pain deeply affects the quality of life of sufferers. There is no known cure for the disease, and the focus remains on symptom mitigation, an area where SpaCapsule could play a significant role.
On an even greater scale, the global weight and cellulite reduction market is now estimated to be over $500 billion. Involving no physical exercise, and no medications, SpaCapsule represents one of the most unique approaches to this market, which helps explain its growing popularity in fitness centers and day spas.
SE Concepts anticipates ongoing royalty streams from co-branding, franchising, and business customers. The company has already established a presence in doctors’ offices, hotels, wellness centers, hospitals, airports, resorts, and other locations, and each of these individual client lists will continue to expand.
For more information, visit www.SpaCapsule.com and the corporate website at www.SECCorporation.com
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QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
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FX Energy, Inc. (FXEN) Updates Oil and Gas Operations in Europe and the United States
FX Energy, Inc. issued an operational update on the company’s oil and gas exploration and development activities in the United States and Europe.
FX Energy has a number of different prospects in Europe and recently spud a well on the 700,000 acre Kutno concession in Poland. The company believes that this concession contains several productive hydrocarbon formations that can be commercially developed.
The Kutno-2 well is targeting the Rotliegend sandstone at an approximate depth of 21,000 feet. FX Energy is using the Kutno-2 well to test a 35,000 acre section of the Kutno concession. The company is the operator and 50% owner of the Kutno-2 well, with the Polish Petroleum and Gas Mining Company owning the balance.
FX Energy reached total depth of approximately 13,800 feet on the Plawce-2 well, which is testing a tight gas formation on the Fences concession. The company found natural gas pay and is currently analyzing core samples and logs from the well. FX Energy expects the Plawce-2 well to be completed as a vertical well after a determination of the water content of the Rotliegend reservoir.
FX Energy owns a 33% working interest in 75,000 net acres in the Alberta Basin in Montana. The company is testing the Bakken formation here and has drilled two wells. The company plans two more wells before the end of 2011.
For more information on the company, go to www.fxenergy.com
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FX Energy has a number of different prospects in Europe and recently spud a well on the 700,000 acre Kutno concession in Poland. The company believes that this concession contains several productive hydrocarbon formations that can be commercially developed.
The Kutno-2 well is targeting the Rotliegend sandstone at an approximate depth of 21,000 feet. FX Energy is using the Kutno-2 well to test a 35,000 acre section of the Kutno concession. The company is the operator and 50% owner of the Kutno-2 well, with the Polish Petroleum and Gas Mining Company owning the balance.
FX Energy reached total depth of approximately 13,800 feet on the Plawce-2 well, which is testing a tight gas formation on the Fences concession. The company found natural gas pay and is currently analyzing core samples and logs from the well. FX Energy expects the Plawce-2 well to be completed as a vertical well after a determination of the water content of the Rotliegend reservoir.
FX Energy owns a 33% working interest in 75,000 net acres in the Alberta Basin in Montana. The company is testing the Bakken formation here and has drilled two wells. The company plans two more wells before the end of 2011.
For more information on the company, go to www.fxenergy.com
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Scorpex, Inc. (SRPX) Achieves 2011 Business Objectives Far Ahead of Schedule
Today before the opening bell, Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, provided current and prospective investors with an update regarding the previously announced initiatives for the current calendar year.
To date, the Company has:
1. Signed a $30 million equipment contract with International Environmental Technologies, Inc. (“IET”) for the acquisition and installation of waste gasification/thermal oxidation equipment as well as a license to use the technology.
2. Secured financial commitments for up to $35 million of non-dilutive financing; contingent on the issuance of necessary permits. The Company continues to evaluate its options as additional low-cost financing offers are anticipated.
3. Received its Use of Soil Permit from the Mexican federal government following the submission of numerous studies and compliance with every request. The permit is necessary for the issuance of certain state and local operational permits, which are anticipated to be granted to the Company in the very near future.
4. Engaged an accounting group to prepare its financials for a formal audit. Following completion, Scorpex intends to file financial reports with the U.S. Securities and Exchange Commission (“SEC”) and take the next step of listing on a senior securities exchange after meeting other criteria of the exchange.
5. Appointed an interim Chief Financial Officer to the management team and made two additions to its Board of Directors. The individuals have accumulated extensive experience and success in both the public and private sectors. Additional candidates are being evaluated to further enhance leadership of the Company.
6. Secured the investor relations services of MissionIR to communicate Scorpex’s business strategy to the investor community as well as keep investors informed of ongoing progress.
Chief Executive Officer Joseph Caywood stated, “Our progress over the last ninety days has been nothing short of remarkable. Even though we are only in the third quarter, our Company has accomplished nearly all business objectives that were set for completion this year. This is a testament not only to the competence of our team, but also the exhaustive groundwork that has been laid over the years. Our excitement continues to build as we make great strides forward in the execution of our business strategy.”
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To date, the Company has:
1. Signed a $30 million equipment contract with International Environmental Technologies, Inc. (“IET”) for the acquisition and installation of waste gasification/thermal oxidation equipment as well as a license to use the technology.
2. Secured financial commitments for up to $35 million of non-dilutive financing; contingent on the issuance of necessary permits. The Company continues to evaluate its options as additional low-cost financing offers are anticipated.
3. Received its Use of Soil Permit from the Mexican federal government following the submission of numerous studies and compliance with every request. The permit is necessary for the issuance of certain state and local operational permits, which are anticipated to be granted to the Company in the very near future.
4. Engaged an accounting group to prepare its financials for a formal audit. Following completion, Scorpex intends to file financial reports with the U.S. Securities and Exchange Commission (“SEC”) and take the next step of listing on a senior securities exchange after meeting other criteria of the exchange.
5. Appointed an interim Chief Financial Officer to the management team and made two additions to its Board of Directors. The individuals have accumulated extensive experience and success in both the public and private sectors. Additional candidates are being evaluated to further enhance leadership of the Company.
6. Secured the investor relations services of MissionIR to communicate Scorpex’s business strategy to the investor community as well as keep investors informed of ongoing progress.
Chief Executive Officer Joseph Caywood stated, “Our progress over the last ninety days has been nothing short of remarkable. Even though we are only in the third quarter, our Company has accomplished nearly all business objectives that were set for completion this year. This is a testament not only to the competence of our team, but also the exhaustive groundwork that has been laid over the years. Our excitement continues to build as we make great strides forward in the execution of our business strategy.”
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QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
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Aquasil Inc. (AQUS) Provides Investor Community with Corporate Update
Aquasil International, Inc., a manufacturer of premium silver water for sale worldwide, today provided investors with a corporate update on the Company’s previous, current and future developments.
Aquasil International currently offers its premium drinking water in the European markets with overwhelming success. The Company is now expanding its operations to include North America and other markets. According to the International Bottled Water Association (IBWA), the U.S. leads all other countries in bottled water consumption. In 2009, Americans consumed nearly 8.5 billion gallons of bottled water, while global bottled water consumption exceeded 53 billion gallons.
Aquasil believes its European management coupled with ability to access funds worldwide will enable the Company to offer its premium silver drinking water in North America as early as January 2012. In preparation, the Company has already built a state of the art manufacturing facility to support its domestic and international operations.
Through aggressive marketing and co-venture partnerships, Aquasil aims to be competitive in the domestic and international market share with its premium silver water.
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Aquasil International currently offers its premium drinking water in the European markets with overwhelming success. The Company is now expanding its operations to include North America and other markets. According to the International Bottled Water Association (IBWA), the U.S. leads all other countries in bottled water consumption. In 2009, Americans consumed nearly 8.5 billion gallons of bottled water, while global bottled water consumption exceeded 53 billion gallons.
Aquasil believes its European management coupled with ability to access funds worldwide will enable the Company to offer its premium silver drinking water in North America as early as January 2012. In preparation, the Company has already built a state of the art manufacturing facility to support its domestic and international operations.
Through aggressive marketing and co-venture partnerships, Aquasil aims to be competitive in the domestic and international market share with its premium silver water.
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IceWEB, Inc. (IWEB) to Capitalize on Expanding Demand for Large-Scale Cloud Storage Systems
IceWEB, Inc., a leading provider of Unified Data Storage and building blocks for cloud storage networks, today announced that it is preparing the launch of an innovative, high-end IceWEB storage platform that will allow for multiple performance tiers of storage in a single platform. This would allow cloud service providers to support multiple applications and services in a single cost effective platform.
International Data Corporation (IDC) estimates that the networked storage market rose to $17.55 billion last year. A growing segment of that market is at the high-end as new business information increases 50% annually.
This dramatic growth is providing opportunity for everyone. Demand for unified storage systems continues to increase, growing the revenues of those who provide related products and services in the industry, while businesses now have high-speed data access to their data for making better decisions, identifying business trends, and discovering new customer preferences.
“The recent announcements of our IceWEB 6000-HA (High Availability) and 6000-HB (Hybrid) Unified Storage Platforms are major steps to meet the emerging needs of these high-performance cloud-driven customers,” said John R. Signorello, IceWEB CEO. “And, our recent solid state drive announcements, hybrid array technology and new expansion disk shelves are all part of our master plan to increase share in this fast growing high performance market.”
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International Data Corporation (IDC) estimates that the networked storage market rose to $17.55 billion last year. A growing segment of that market is at the high-end as new business information increases 50% annually.
This dramatic growth is providing opportunity for everyone. Demand for unified storage systems continues to increase, growing the revenues of those who provide related products and services in the industry, while businesses now have high-speed data access to their data for making better decisions, identifying business trends, and discovering new customer preferences.
“The recent announcements of our IceWEB 6000-HA (High Availability) and 6000-HB (Hybrid) Unified Storage Platforms are major steps to meet the emerging needs of these high-performance cloud-driven customers,” said John R. Signorello, IceWEB CEO. “And, our recent solid state drive announcements, hybrid array technology and new expansion disk shelves are all part of our master plan to increase share in this fast growing high performance market.”
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Pluristem Therapeutics, Inc.’s (PSTI) PLX Cells Receive Orphan Drug Status
Friday, Pluristem Therapeutics, Inc. announced that their PLX cells had been designated with orphan status by the FDA for the treatment of thromboangiitis obliterans, or Buerger’s disease. The designation took place several days earlier, on August 22.
Pluristem is a developer of standardized cell therapy products for the treatment of life threatening diseases. Their PLX platform is used as a drug delivery system that releases proteins that take effect on inflammatory diseases in patients. Cells used in the process are grown in a 3D micro-environment that requires no tissue matching. Testing has shown that PLX cells may be effective against nerve pain, muscle damage, inflammatory bowel disease, muscular dystrophy and stroke.
Buerger’s Disease is a rare condition that affects the blood vessels of a patient’s extremities. The resultant clotting and inflammation causes a reduced blood flow to the affected area, and can lead to pain, ulcers and necrosis, requiring amputation. The disease currently affects nearly 50,000 patients through the U.S. and Europe, with no treatment available. It is estimated that the market for a drug that can combat Buerger’s could be worth $2.5 billion.
Pluristem is also pursuing an application in Europe at the EMA’s Committee for Orphan Medicinal Products.
Zami Aberman, Chairman, President and CEO of Pluristem said, “We are extremely pleased that our PLX cells have been designated orphan status by the FDA and look forward to receiving a similar designation in Europe. In anticipation of this designation, we have been working diligently in readying
clinical sites, primarily in India, where there is a high prevalence of Buerger’s. In addition, the inclusion of Buerger’s completes our plan to make our PLX cells available for the entire spectrum of peripheral vascular disorders and allows us to benefit from the market exclusivity and other regulatory and
financial advantages that accompany this designation.”
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Pluristem is a developer of standardized cell therapy products for the treatment of life threatening diseases. Their PLX platform is used as a drug delivery system that releases proteins that take effect on inflammatory diseases in patients. Cells used in the process are grown in a 3D micro-environment that requires no tissue matching. Testing has shown that PLX cells may be effective against nerve pain, muscle damage, inflammatory bowel disease, muscular dystrophy and stroke.
Buerger’s Disease is a rare condition that affects the blood vessels of a patient’s extremities. The resultant clotting and inflammation causes a reduced blood flow to the affected area, and can lead to pain, ulcers and necrosis, requiring amputation. The disease currently affects nearly 50,000 patients through the U.S. and Europe, with no treatment available. It is estimated that the market for a drug that can combat Buerger’s could be worth $2.5 billion.
Pluristem is also pursuing an application in Europe at the EMA’s Committee for Orphan Medicinal Products.
Zami Aberman, Chairman, President and CEO of Pluristem said, “We are extremely pleased that our PLX cells have been designated orphan status by the FDA and look forward to receiving a similar designation in Europe. In anticipation of this designation, we have been working diligently in readying
clinical sites, primarily in India, where there is a high prevalence of Buerger’s. In addition, the inclusion of Buerger’s completes our plan to make our PLX cells available for the entire spectrum of peripheral vascular disorders and allows us to benefit from the market exclusivity and other regulatory and
financial advantages that accompany this designation.”
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Quantum Solar Power Corp. (QSPW) Announces Appointment of Stella Guo as a Director and as VP of Corporate Development
On Friday, Quantum Solar Power Corp. announced the appointment of Ms. Stella Guo as a Director and as Vice President of Corporate Development – effective September 1, 2011. Ms. Guo will assist the Company with their operations in Asia. This includes, but is not limited to, strategic planning, developing strategic partnerships, and facilitating agreements with Asian manufacturing partners.
Under the terms of Ms. Guo’s Employment Agreement, she will receive a salary of $100,000 US annually and options to purchase 1,000,000 shares of Quantum Solar Power Corp.’s common stock. The Agreement is for a one-year term. It renews automatically for successive one-year periods, if no notice of termination has been provided.
Before joining Quantum Solar Power Corp., Ms. Guo was Regional Director for BP Solar. She was named by Asia Law Business magazine as “China’s Top 10 In-house Counsels.” Ms. Guo held a series of management positions over the past fifteen years with British Petroleum. This company benefited from Ms. Guo’s general management, business development, merger & acquisitions, and corporate legal expertise. Ms. Guo holds a Master in Commercial Law from the University of Melbourne in Australia, and a Bachelor in Commercial Law from SunYat-Sen University in China.
Daryl Ehrmantraut, President and Chief Executive Officer of Quantum Solar Power Corp., said, “We look forward to working with Stella Guo in establishing our presence in China. China is working hard to establish itself as a major player in the solar power business. By 2020, China’s government is committed to raising the share of renewable energy (excluding hydroelectric power) in the energy mix to 6 percent, from their current 1.5 percent. We believe that partnerships between Chinese companies and Quantum along with our ground breaking NGD™ technology could help Chinese solar companies achieve their ambitious goals.”
Headquartered in Vancouver, British Columbia, Quantum Solar Power Corp. is developing a “Next Generation Device” (NGD™) photovoltaic technology. The Company’s NGD™ is a patent pending, laboratory model that uses a new approach to solar power conversion with the potential to remove the requirement of using expensive silicon semiconductor-based technologies. The Company believes their NGD™ technology has the potential to match the efficiency of crystalline silicon PV at the cost of thin film PV. The anticipated NGD™ technology is free of any rare element dependencies found in other modern-day solar technologies. The Company believes they have the potential to create solar cells (via manufacturing collaborations) at substantially less cost per watt than current technologies. Quantum Solar Power Corp. has offices in the United States and Canada.
For more information visit: www.quantumsp.com
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Under the terms of Ms. Guo’s Employment Agreement, she will receive a salary of $100,000 US annually and options to purchase 1,000,000 shares of Quantum Solar Power Corp.’s common stock. The Agreement is for a one-year term. It renews automatically for successive one-year periods, if no notice of termination has been provided.
Before joining Quantum Solar Power Corp., Ms. Guo was Regional Director for BP Solar. She was named by Asia Law Business magazine as “China’s Top 10 In-house Counsels.” Ms. Guo held a series of management positions over the past fifteen years with British Petroleum. This company benefited from Ms. Guo’s general management, business development, merger & acquisitions, and corporate legal expertise. Ms. Guo holds a Master in Commercial Law from the University of Melbourne in Australia, and a Bachelor in Commercial Law from SunYat-Sen University in China.
Daryl Ehrmantraut, President and Chief Executive Officer of Quantum Solar Power Corp., said, “We look forward to working with Stella Guo in establishing our presence in China. China is working hard to establish itself as a major player in the solar power business. By 2020, China’s government is committed to raising the share of renewable energy (excluding hydroelectric power) in the energy mix to 6 percent, from their current 1.5 percent. We believe that partnerships between Chinese companies and Quantum along with our ground breaking NGD™ technology could help Chinese solar companies achieve their ambitious goals.”
Headquartered in Vancouver, British Columbia, Quantum Solar Power Corp. is developing a “Next Generation Device” (NGD™) photovoltaic technology. The Company’s NGD™ is a patent pending, laboratory model that uses a new approach to solar power conversion with the potential to remove the requirement of using expensive silicon semiconductor-based technologies. The Company believes their NGD™ technology has the potential to match the efficiency of crystalline silicon PV at the cost of thin film PV. The anticipated NGD™ technology is free of any rare element dependencies found in other modern-day solar technologies. The Company believes they have the potential to create solar cells (via manufacturing collaborations) at substantially less cost per watt than current technologies. Quantum Solar Power Corp. has offices in the United States and Canada.
For more information visit: www.quantumsp.com
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Friday, August 26, 2011
UQM Technologies (UQM) partners with ReGen Nautic to delve into Marine Hybrid Electric Market
UQM Technologies Inc., developer and manufacturer of products for the alternative-energy technologies sector, today announced its strategy to enter into the marine hybrid electric market through a partnership with ReGen Nautic USA Inc., in which the companies will develop ultiple hybrid electric marine propulsion systems.
ReGen Nautic is a private company in cahoots with several marine original equipment manufacturers to provide these propulsion systems as energy-saving powertrain options applicable to yachts, trawlers and larger sailing boats.
“Our collaboration with ReGen Nautic showcases the additional growth opportunities when electric propulsion technology is introduced into industries beyond the automotive sector,” Eric Ridenour, UQM Technologies president and CEO stated in the press release. “We believe that combining the application knowledge of ReGen Nautic and the electric motor and controller expertise of our company, we can create systems that greatly improve efficiency, increase performance and offer additional benefits that apply to marine applications.”
UQM Technologies and ReGen Nautic will work collaboratively to integrate UQM PowerPhase® hybrid electric systems into various marine applications, allowing for increased capacity to captures and store energy while reducing the overall weight of the vessel. The design is also expected to increase cruising speeds, reduce maintenance costs, and offer silent operation mode, ultimately delivering better overall vessel performance.
“We are working with UQM to develop several hybrid electric systems for the marine industry that will provide dramatically better performance than even the newest diesel technology,” said Pierre Caouette, ReGen Nautic president and chief operating officer. “Our systems will provide vastly improved reliability and ease of use for the customer, along with the highest standard of safety.”
For more information visit www.uqm.com or www.regennautic.com
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ReGen Nautic is a private company in cahoots with several marine original equipment manufacturers to provide these propulsion systems as energy-saving powertrain options applicable to yachts, trawlers and larger sailing boats.
“Our collaboration with ReGen Nautic showcases the additional growth opportunities when electric propulsion technology is introduced into industries beyond the automotive sector,” Eric Ridenour, UQM Technologies president and CEO stated in the press release. “We believe that combining the application knowledge of ReGen Nautic and the electric motor and controller expertise of our company, we can create systems that greatly improve efficiency, increase performance and offer additional benefits that apply to marine applications.”
UQM Technologies and ReGen Nautic will work collaboratively to integrate UQM PowerPhase® hybrid electric systems into various marine applications, allowing for increased capacity to captures and store energy while reducing the overall weight of the vessel. The design is also expected to increase cruising speeds, reduce maintenance costs, and offer silent operation mode, ultimately delivering better overall vessel performance.
“We are working with UQM to develop several hybrid electric systems for the marine industry that will provide dramatically better performance than even the newest diesel technology,” said Pierre Caouette, ReGen Nautic president and chief operating officer. “Our systems will provide vastly improved reliability and ease of use for the customer, along with the highest standard of safety.”
For more information visit www.uqm.com or www.regennautic.com
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Aquasil International, Inc. (AQUS) is “One to Watch”
Aquasil International, Inc. is focused on engaging in the distribution of premium mineral water naturally fused with silver. Offering a unique bottled water product unlike anything currently on the market, the company is in a great position to capitalize on the well-known benefits of silver infused water. These benefits include elimination of bacteria and toxins in the body, respiratory repair, regeneration in vital organs and increased energy.
The health benefits of silver water have been known for centuries with people willing to pay large sums of money to have limited access. Aquasil is now bringing this exclusive water to every consumer, regardless of means or geography. The company’s new facilities contain state of the art bottling and filtration systems that include reverse osmosis and other proprietary purification techniques to offer consumers bottled water that’s fresh, clean and healthy.
Aquasil silver water is in a unique position to appeal to a diverse group of consumers. While organic minded individuals will value the premium water’s natural mineral state, athletes will appreciate a more natural source to increase hydration without having to consume the sugar packed sports drinks that are commonly used. For those in the military, Aquasil can bridge the gap from simple drinking water, to water that helps strengthen their immune systems for a fighting chance.
The company is currently in discussions with several major U.S. distribution channels to bring the product to market. With an already established and growing customer base in Europe, Aquasil is poised to duplicate its success in the multibillion dollar U.S. bottled water market.
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The health benefits of silver water have been known for centuries with people willing to pay large sums of money to have limited access. Aquasil is now bringing this exclusive water to every consumer, regardless of means or geography. The company’s new facilities contain state of the art bottling and filtration systems that include reverse osmosis and other proprietary purification techniques to offer consumers bottled water that’s fresh, clean and healthy.
Aquasil silver water is in a unique position to appeal to a diverse group of consumers. While organic minded individuals will value the premium water’s natural mineral state, athletes will appreciate a more natural source to increase hydration without having to consume the sugar packed sports drinks that are commonly used. For those in the military, Aquasil can bridge the gap from simple drinking water, to water that helps strengthen their immune systems for a fighting chance.
The company is currently in discussions with several major U.S. distribution channels to bring the product to market. With an already established and growing customer base in Europe, Aquasil is poised to duplicate its success in the multibillion dollar U.S. bottled water market.
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KIT digital Inc., (KITD) Joins Imcube Labs and Celvision Technologies Ltd. To Manage 3D Video Delivery over IP
KIT digital Inc. (KITD), a company that, along with its subsidiaries, provides cloud-based video management solutions for multi-screen delivery worldwide, has announced that it has joined Celvision Technologies Ltd., a Chinese titan in 2D and 3D conversion services, and imcube labs, a worldwide leader in 2D and 3D conversion software technology, to co-develop an end-to-end solution that brings together content services and platform technology to allow any media company, network operator, device manufacturer, or enterprise to produce, manage and deliver 3D video over Internet Protocol (IP) over many screens.
The combined offering will help leverage Celvision’s and imcube’s industry-leading content services expertise and software to allow any content to be converted into 3D. Once the content is converted to 3D,it will be taken into KIT digitals’ video asset management platform, where clients will be able to manage and deliver the 3D video to connected televisions and other screens with 3D capabilities. This solution will also enable customers to access existing 3D content libraries for distribution and licensing purposes.
“By combining Celvision’s high quality and efficient conversion services with imcube’s leading conversion software technology and KIT digital’s cloud-based video asset management platform, we will be able to offer our global customer base a complete packaged solution for premium 3D video content delivery over IP,” said Steve Chung, KIT digital’s managing director for Asia-Pacific. “During this exciting new era of growth for 3Dcontent, our co-developed one-stop shop solution will allow content owners to reach and engage audiences anywhere, anytime.”
Petr Stransky, the head of content services for KIT digital, commented: “With KIT digital’s global customer base owning or having OTT distribution rights for a significant portion of the world’s top premium content, we expect this collaboration to open avenues for more compelling 3D content to be produced globally.”
Leo Ze, managing partner of Celvision, added, “We are still at the early stages of development in this industry and there are technology challenges to overcome; we are confident that our partnership with KIT digital and imcube will yield several industry firsts in this fast growing sector. Celvision works with top content producers and global partners to convert feature films and premium content into 3D, and this extended offering will provide our customers with a more robust and flexible solution to reach a growing number of connected devices.”
Celvision and imcube concurrently announced that they have joined the Asia Video Convergence Alliance (AVCA), a new industry alliance that is chaired with KIT digital and formed to help drive standards-setting and innovation within Asia’s expanding multi-billion dollar next-generation video technology industry. Through AVCA, Celvision and imcube will aid in bringing more focus and resources to 3D production in the Asia-Pacific region.
Get more information on Celvision Technologies Ltd. at their website: www.celvision.com.
Find out more about imcube labs at their company website: www.imcube.com
Get more information on KIT digital, Inc. and their future endeavors at http://www.kitd.com
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The combined offering will help leverage Celvision’s and imcube’s industry-leading content services expertise and software to allow any content to be converted into 3D. Once the content is converted to 3D,it will be taken into KIT digitals’ video asset management platform, where clients will be able to manage and deliver the 3D video to connected televisions and other screens with 3D capabilities. This solution will also enable customers to access existing 3D content libraries for distribution and licensing purposes.
“By combining Celvision’s high quality and efficient conversion services with imcube’s leading conversion software technology and KIT digital’s cloud-based video asset management platform, we will be able to offer our global customer base a complete packaged solution for premium 3D video content delivery over IP,” said Steve Chung, KIT digital’s managing director for Asia-Pacific. “During this exciting new era of growth for 3Dcontent, our co-developed one-stop shop solution will allow content owners to reach and engage audiences anywhere, anytime.”
Petr Stransky, the head of content services for KIT digital, commented: “With KIT digital’s global customer base owning or having OTT distribution rights for a significant portion of the world’s top premium content, we expect this collaboration to open avenues for more compelling 3D content to be produced globally.”
Leo Ze, managing partner of Celvision, added, “We are still at the early stages of development in this industry and there are technology challenges to overcome; we are confident that our partnership with KIT digital and imcube will yield several industry firsts in this fast growing sector. Celvision works with top content producers and global partners to convert feature films and premium content into 3D, and this extended offering will provide our customers with a more robust and flexible solution to reach a growing number of connected devices.”
Celvision and imcube concurrently announced that they have joined the Asia Video Convergence Alliance (AVCA), a new industry alliance that is chaired with KIT digital and formed to help drive standards-setting and innovation within Asia’s expanding multi-billion dollar next-generation video technology industry. Through AVCA, Celvision and imcube will aid in bringing more focus and resources to 3D production in the Asia-Pacific region.
Get more information on Celvision Technologies Ltd. at their website: www.celvision.com.
Find out more about imcube labs at their company website: www.imcube.com
Get more information on KIT digital, Inc. and their future endeavors at http://www.kitd.com
About QualityStocks:
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