Monday, October 31, 2011

Force Energy Corp. (FORC) Provides Update on Canadian Lithium Drilling Program

Force Energy Corp. released an update on the company’s exploratory drilling program in Canada. The company believes that the properties are prospective for lithium and other minerals.

Force Energy has completed Phase 1 of the drilling program, which comprised a due diligence process at the Zoro 1 property in Manitoba, Canada. The purpose of this phase was to confirm the historical reserve level at the site and the presence of pegmatite that contains lithium.

Force Energy said the due diligence performed confirms that the property has a historic resource base of 1.7 million tons of lithium as well as a zone of significant lithium mineralization. The Phase 1 program involved acquiring samples of pegmatite from sixteen trenching locations on the property. The company obtained a total of 165 samples of varying lengths through this process.

Force Energy plans to move onto Phase 2 of the exploration program, which will determine whether lithium can be produced commercially from the Zoro 1 property.

Force Energy said that analysis of the samples was conducted by Activation Laboratories located in Ontario, Canada.

For more information on the company, go to www.forceenergycorp.com

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BluePhoenix Solutions (BPHX) Signs $17 Million Dollar Agreement to Sell AppBuilder Business

Today, BluePhoenix Solutions announced the execution of a definitive agreement to sell its AppBuilder business to Magic Software Enterprise Ltd (NASDAQ: MGIC) for $17 million. Magic Software provides mobile and cloud-enabled application and business integration platforms to businesses across the globe. BluePhoenix expects to close on the sale in November 2011 (subject to the fulfillment of conditions defined in the acquisition agreement).

After deducting deferred revenues and other expenses, BluePhoenix anticipates that the net proceeds from the sale will range anywhere from $14.0 million to $14.5 million. BluePhoenix will place $2 million of that amount in an indemnification escrow for up to two years. The company will hire an accounting firm to evaluate the non-cash decrease of its intangible assets as a result of the sale.

BluePhoenix Chairman, Eric Green, remarked, “This transaction will significantly improve the financial condition of the company, while allowing us to more diligently focus our efforts on core competencies that will provide us the best long term opportunities for growth and enhanced shareholder value.”

“BluePhoenix was built around its world-class, automated software tools for migrating legacy mainframe applications onto modernized platforms written in languages such as Java and C#, and we intend to continue investing in this critical part of our business,” he continued. “We will soon be announcing an innovative new Cobol-to-Java software product targeted at System Integrators that we believe will further extend our technology leadership in this area.”

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iBio, Inc. (IBIO) Receives U.S. Patent for iBioLaunch Platform that Causes Non-transgenic Plants to Rapidly Produce Proteins

iBio, Inc., a leader in the plant-made pharmaceutical field, today announced that the U.S. Patent and Trademark Office has issued a patent that covers the viral vectors comprising the iBioLaunch™ platform. iBio owns this proprietary technology that was developed by scientists at iBio’s research collaborator, the Fraunhofer USA Center for Molecular Biotechnology (Fraunhofer).

The iBioLaunch™ platform is a highly flexible technology that easily, cheaply and reliably causes non-tangenic plants to rapidly produce a large amount of recombinant protein in the plant biomass for biotherapeutics and vaccines. This whole plant approach allows for lower operating and capital expenses versus protein production using engineered microbial or animal cells in bioreactors. It also has both commercial and public safety advantages, as well as scalability, no risk of contamination by animal pathogens and the ability to show complex proteins.

“The issuance of this patent substantially strengthens the intellectual property foundation of the iBioLaunch system for simultaneously expressing more than a single protein,” said Terence Ryan, Ph.D., iBio’s Senior Vice-President in a press release on Monday. “For example, this patent protects the technology we use for production of human monoclonal antibodies, a rapidly growing pharmaceutical category in which we recently announced successful product candidate testing.”

iBio continues to establish licenses or other collaboration arrangements for its biosimilar products and proprietary products as it moves to commercialize its technology. In January, iBio and Fraunhofer entered into a license and collaboration agreement with an entity linked to the Health Ministry of Brazil to develop and sell a proprietary yellow fever vaccine created with iBioLaunch technology to replace chicken egg based vaccine products.

For more information, please visit www.ibioinc.com

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Sauer Energy, Inc. (SENY) Revolutionary WindCharger Turbine Wind Power Product Featured at IEEE Energy Efficiency Symposium

Sauer Energy, a developer of innovative vertical axis wind turbines, designed to be readily applicable across the spectrum from residential and small community up to large industrial scale, announced the showcasing of its WindCharger™ system at globally recognized technology professional association IEEE’s Energy Efficiency Symposium in California, held Oct. 27.

President and CEO of SENY, Dieter Sauer, was extremely pleased to be chosen by the prestigious IEEE to be the sole representative of wind power at this major energy sector event. Mr. Sauer recognized the key opportunity the WindCharger showcasing represents and spoke enthusiastically about the potential created when so many like-minded professionals, who share congruent interests about wind energy and improving our world, are able to meet for this kind of symposium.

Some 400k members worldwide make up the globally recognized technology association IEEE, with accomplished professionals in every important area of emerging research. The collective impact of the cultural/scientific output of the organization, ranging from publications and conferences, to fundamental standards in areas of technology, business and education, simply cannot be underestimated.

This is a huge boon for SENY’s WindCharger, a system which represents both the achievement of key innovation priorities for the Company and several patents. The robust composite materials that make up the incredibly efficient turbine tri-blade, the true marvel of the system, with its aerodynamically optimized features that manage to balance internal mechanical stresses and force capture from the wind, can withstand extreme weather and have a life expectancy of 20 years.

Executive Director of the Institute for Energy Efficiency (UCSB), Dr. David Auston, leader of the symposium and keynote speaker, joined speakers from Southern California Edison as well as others from within the sector at this dynamic event, bringing together an intricate and intimate network of companies, all related to energy efficiency initiatives and emerging technologies. The Symposium offers an inspirational context to look at the overall technological/service envelope developing within the sector, giving the right people the right kinds of perspectives to mobilize market forces towards real alternative energy solutions.

Great news for SENY which has rapidly taken their technology portfolio from concept to product, with manufacturing and commercialization ramping up in fall 2011, led by the strength of their revolutionary turbine design.

For more information on the WindCharger, the Symposium showcasing, or to keep tabs on the latest developments at Sauer Energy, Inc. please visit the Company’s website at: www.SauerEnergy.com

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Quantum Fuel Systems (QTWW) Video Chart for Monday, October 31, 2011

QTWW is holding a solid base above $2. A channel has been developed throughout October with resistance in the area of $2.30. Technical traders will be watching for a break of the channel as the lower indicators align for a possible move. The bottom support must hold to stay in play.

To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts

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Beacon Enterprise Solutions Group, Inc. (BEAC) Led by First Class Management Team

When performing due diligence, investors will often spend hours looking at the fundamentals of a company and industry trends, but often fail to properly evaluate the management team. This is a terrible oversight. These individuals are responsible for making decisions that determine the very fate of the organization.

Chairman and CEO Bruce Widener leads Beacon Enterprise Solutions with more than nineteen years of industry experience. He is recognized as one of the founding employees of UniDial Communications/Lightyear Network Solutions, a private company that grew from start-up to over $220,000,000 in sales within six years. At Lightyear, Mr. Widener was responsible for product development and IT as well as mergers & acquisitions and was the driving force behind several significant initiatives. Prior to joining Lightyear, Mr. Widener held positions at WorldTel Services, LiTel/LCI International and Charter Network.

Gerald L. Bowman, President and Chief Operating Officer, brings over twenty-five years of experience to the company. Prior to Beacon Enterprise Solutions, he served as Managing Director and Vice President of Enterprise Global Services for CommScope, Chief Operating Officer for Superior Systems Technologies, Vice President of Engineering at Riser Management Systems, and Vice President and General Manager of VARtek. Mr. Bowman has also been a featured speaker and thought leader for publications and organizations such as ASIS, BICSI, ISSA, and InfraGard.

Chief Administrative Officer Victor Agruso has accumulated more than twenty years of strategic planning, organization, development, and talent management experience in a variety of public and private sector industries with organizations ranging in size from emerging growth to Fortune 100 companies. Mr. Agruso has held global human resources executive positions with Nike, Hallmark Cards, Humana, and Maritz. He holds two Master’s degrees from Harvard University focused on organization and human resources development.

Scott Fitzpatrick was recently promoted to Vice President Corporate Controller and Treasurer, and is Beacon’s Principal Financial Officer. Mr. Fitzpatrick has more than 25 years of accounting/finance experience with growth-oriented public companies, which includes serving as Corporate Controller and Director/Manager for multi-location companies in both service and manufacturing industries. His expertise encompasses international accounting, SEC and internal financial reporting, GAAP compliance, financial analysis, budgeting, and many other financial and operational areas.

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VolitionRX Ltd. (VNRX) CEO Updates Shareholders

VolitionRX Ltd., a life sciences company focused on developing blood-based diagnostic tests, today issued the following letter to its shareholders from Cameron Reynolds, CEO.

Dear Shareholders,

Given the speed at which our company has been growing and the fact that we have been reaching our key milestones, I would like to review the past year and look forward to future goals that will continue to make the Company successful. We have had an extremely productive year establishing the structural basics of the Company, and in the past seven months, focusing on the development and marketing of our innovative and ground-breaking suite of NuQ products.

A technology is only as good as the team that runs it, and I must say I am extremely happy with who we are as a Company and with every one of our personnel. We began placing our team in 2010 by forming a new Board which brought together a strong mix of business and scientific leaders, including Dr. Martin C. Faulkes, our Chairman. Dr. Faulkes was also behind the creation of the Volition foundation to support charitable research to help fulfil our corporate social responsibilities. We have also appointed our world-class Scientific Advisory Board, chaired by Dr. Alan Colman, who meet quarterly to provide valuable top-level direction for our Chief Scientific Officers (Dr. Micallef and Dr. Eccleston). Amongst the four members of the Scientific Advisory Board are the two original inventors of Volition’s key technologies, who are based at world-renowned institutions. During this period we also put together a very committed group of key scientists based in our lab in Belgium who have produced consistently strong results for us.

We have also had a very solid year on the funding side, having received both equity investments and government financial assistance totalling over $3.3 million. I would like to particularly thank the Wallonian Government in Belgium, whose support allowed us to open our laboratory at the Unite de Recherche en Biologie Cellulaire – FUNDP in Namur, Belgium. This lab has proved to be invaluable for speedy proof of concepts, scientific focus, and product development. We have seen extremely promising results coming out of our lab in recent months, and in September we announced the filing of three new patents. We now hold five Nucleosomics™ patent applications, one granted and four pending (two patent applications are licensed from external sources – the European Molecular Biology Laboratory and Chroma Therapeutics Limited – and three are Volition-authored). We also hold a HyperGenomics™ patent application which is licensed from Imperial College London and an application for a patent for a test for endometriosis, which is also based on our Nucleosomics™ technology. We believe we will file several more patents as our team continues to make breakthroughs.

We have also made applications to register trademarks in the U.S. and Europe for our key technologies to give us the basis for the branding of our products.

We have also made progress in our currently non-core technologies, HyperGenomics™ and Endometriosis, and will focus on developing these technologies in early 2012 once we have our NuQ products on the market. We have created a separate subsidiary, HyperGenomics Pte Limited, to allow HyperGenomics to develop separately from our core products. We anticipate that we will finalize the development plans for the subsidiary in Q1 of 2012 assuming the results of testing underway are positive.

The team has been working hard validating cancer samples using our Nucleosomics™ tests and we have seen extremely promising results to date. Our NuQ-X™ test for the detection of nucleosomes containing specific nucleotides have shown 100% accuracy in cancer patients, and our NuQ-V™ tests for the detection of nucleosomes containing specific histone variants (which identify the type of cancer present) have shown 85% accuracy identifying cancer, in a small number of blood samples from both healthy and cancer patients. The early results are extremely encouraging, and the next step is to test the NuQ suite of products on hundreds and then thousands of samples through the end of this year and next. We have also been very successful in identifying and procuring a range of antibodies that are key to our NuQ test and have several under development to be ready in Q1 next year.

Over the next few months we will beta-test our first NuQ products with several selected external independent laboratories who have agreed to test our kits to provide feedback on their efficacy and usability. Following on from the beta-testing period we will begin to offer the kits for sale to research institutions. In early 2012 we will anticipate being able to commence full clinical trials for CE Marking (European regulatory approval), and are currently finalizing members of our Clinical Trials Management Committee, which we intend to announce this year, which will drive Volition’s Clinical Trials strategy. We are also in discussions with a couple of major Companies with a view to getting a comprehensive marketing agreement by Q3 of next year.

Additionally, we are focusing on the marketing of our first Nucleosomics™ research products, which are expected to be available to the market by Q1 2012. We anticipate applying for CE Marking in 2012 and then for FDA approval by the end of 2013. We believe that the in vitro nature of our products will allow quicker regulatory approval than the vast majority of therapeutics.

In closing, the past year has been an extremely exciting time for Volition, culminating in our being quoted this month on the OTC Bulletin Board in the United States of America. We look forward to the next 12 months, which we believe will be equally exciting, as we move towards truly revolutionizing cancer diagnostics.

Thank you all for your continued support.

Sincerely,
Cameron Reynolds
CEO, VolitionRX Limited

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Friday, October 28, 2011

Threshold Pharmaceuticals (THLD) Data Demonstrates Candidate Potential

Threshold Pharmaceuticals Inc., a biotech company focused on building a pipeline of drugs superior to conventional anticancer drugs, recently announced its ongoing phase III clinical trial results for its clinical stage hypoxia-activated prodrug, TH-302, which were presented at the Connective Tissue Oncology Society (CTOS) Meeting in Chicago.

Sant P. Chawla, M.D., of the Sarcoma Oncology Center in Santa Monica and principal investigator for the study, gave the oral presentation summarizing the phase II results from the company’s fully enrolled 403 trial, which was comprised of patients with metastatic or locally advanced unresectable soft tissue sarcoma who were not previously received chemotherapy outside of the adjuvant or neoadjuvant setting. The trial treated patients at the TH-302 maximum tolerated dose to investigate the candidate in combination with doxorubicin.

“The data from the complete set of patients in the large phase II portion of our study of TH-302 in combination with standard doxorubicin in soft tissue sarcoma patients is impressive,” Dr. Chawla stated in the press release. “Most notable, the data suggest a sizable improvement in efficacy over conventional doxorubicin alone. Combined with its tolerability, the regimen has the potential to establish a new standard-of-care for the treatment of soft tissue sarcomas and provides ample justification for pursuing the registration of TH-302 in the ongoing phase III trial comparing TH-302 plus doxorubicin versus doxorubicin alone.”

The company reports that 91 patients were included in the analyses, including 89 patients with at least one evaluable post-treatment tumor assessment. Data demonstrates two complete responses; 30 partial responses; 43 patients with stable disease for an overall response rate of 36%; and a stable disease or better rate of 84%.

In February 2011, Threshold Pharmaceuticals reached agreement with the U.S. Food and Drug Administration on a Special Protocol Assessment of the phase III study, which includes a primary efficacy endpoint of overall survival.

The 403 trial is the basis for the ongoing pivotal phase III study designed to compare the same regimen investigated in the phase II portion of the 403 study against single agent doxorubicin.

For more information visit www.thresholdpharm.com

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Beacon Enterprise Solutions Group, Inc. (BEAC) Keeps Critical Data Flowing

Kentucky-based Beacon Enterprise Solutions is a leading provider of telecommunication services, from software development and infrastructure design, to systems integration. The company is an emerging growth, high-performance IT solutions provider, known for its video, voice, data, and security expertise, specializing in information transport systems, ensuring that their many clients around the world have the IT infrastructure necessary to ensure the optimum flow of vital data to the people who need it most. With offices and employees around the globe, Beacon provides a range of service solutions:

• Design & Engineering – Beacon’s goal is to ensure the highest quality in ITS design, to ensure that even the smallest installations are well planned and integrated into the company’s total information system. The company handles planning, consulting, site assessments, remediation, relocation, RFI/RFQ/RFP development, documentation, and special projects such as data centers, clean rooms, smart buildings, and OSP.
• ITS Managed Services – Beacon offers its clients a single number to call for handling moves, modifications, deletions, and project work for cabling infrastructure.
• Smart Enterprise – Beacon provides IT and facilities managers with a sophisticated array of user-configured data options for monitoring and managing smart buildings and data centers.
• ITS Construction Management – Beacon has the resources needed for ITS infrastructure projects that can deal with the diverse requirements in different regions and different countries.
• Central Service Desk (CSD) – Beacon offers 24-hour CSD services to provide one-stop calling for any service or break-fix calls, including dispatch, management, and repair followup.
• Outside Plant Cabling – Beacon provides engineering, project, and construction management, plus actual construction, for any level of outside plant cabling requirements.
• Data Centers – Beacon and its strategic partners optimize data center operations, from initial analysis and design to ongoing support.
• Outsourcing – Beacon provides the technical help required for things like data center staffing, installations, or any other ITS requirement.
• Documentation – Beacon provides comprehensive documentation for IT implementation and services.
• Managed Services – Beacon offers a variety of subscription based service models, to provide the best ROI for a given client.

For additional information, visit the company’s website at www.AskBeacon.com

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Wizzard Media (WZE) Announces Invite-Only Test of Beta Version of OnPublish Program on Libsyn.com for Podcast Playback with Facebook and Twitter

Wizzard Media, the world’s largest podcast network, today announced that is has begun a private beta version test of its OnPublish program which will integrate support for both Facebook and Twitter in the libsyn.com publishing platform. With the OnPublish program, producers of podcasts will have the ability to publish audio and video shows directly to Facebook and Twitter which the Company expects will grow their audience numbers by over 50% in two years.

Wizzard previously announced plans to integrate with Facebook and intends to build the first subscription based podcast network that will include the Facebook Credit System used by top games. It takes 10 Facebook credits purchased online or earned via Facebook services to equal one US dollar.

“The ability to publish to the two largest social networks directly from within our publishing platform is a very powerful component that we believe has the potential to help producers greatly expand their unique audience count,” says Laurie Sims, President, Wizzard Media in a press release on Friday. “OnPublish uses Facebook’s proprietary audio and video players to play podcasts and the new system is working as expected. With this new feature alone we believe we can increase our unique audience numbers by 50% over the next two years and grow our subscription revenues substantially as people spend more time consuming media on Facebook.”

Wizzard will use current libysn.com client producers for the initial beta program and then open it up to more producers based on the initial feedback. Plans are to make OnPublish available to all libsyn.com producers in November.

Presently, Wizzard Media clients include Microsoft, National Geographic, Harvard Business Review, NPR and over 13,000 others. In 2010, the Wizzard Media Network had over 1.64 billion podcast requests from approximately 60 million people worldwide using iPods, iPhones, iPads, iTunes, Androids, Blackberrys, Windows Phone, Zunes and many other devices.

For more information, please visit Wizzard Media’s website at www.wizzardsoftware.com/media

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Beacon Enterprise Solutions Group, Inc. (BEAC) Forecasts 30% Growth for Fiscal 2011; Continued Reduction in SG&A Expenses

Beacon Enterprise Solutions Group, Inc., provider of fully integrated, turnkey IT infrastructure solutions capable of fully servicing the largest companies in the world, recently told investors that it anticipates exceeding 30% year-over-year growth in net sales for the fiscal year ended September 30, 2011. The previous year’s net sales totaled approximately $14 million.

Furthermore, SG&A expenses are expected to be significantly lower than the previous year. The company said it anticipates gross profit margin for the fourth quarter to range between 35% – 40%, which is in line with the company’s expectations.

“Our continued growth reflects our improved sales and marketing efforts, including expanded engagements with existing customers and adapting to the needs of our clients during these challenging economic times,” stated Bruce Widener, Chairman and CEO of Beacon Enterprise Solutions. “Our focus on expense reduction will also contribute significantly to our financial results. We look forward to discussing our full operating results for 2011 and prospects for continued growth in 2012 on our upcoming conference call after we file our annual report in early December.”

Financial results for the fiscal 2011 fourth quarter and full fiscal year ended September 30, 2011, are expected to be released on Monday, December 12, 2011, aftermarket. A conference call will take place on Tuesday, December 13, 2011, at 10:00 a.m. EST to discuss the results.

U.S. and Canadian investors interested in joining the call should dial 888-495-3916 and then enter conference ID # 20119461. Participants outside of the U.S. and Canada can join by calling 706-634-7530 and entering the same conference ID. The conference call will also be webcast on the company’s website, http://www.askbeacon.com, under the “Investor Relations” tab.

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Lake Shore Gold Corp. (LSG) Announces Results for Its Wholly Owned Fenn-Gibb Project

Lake Shore Gold Corp. (LSG), a Company that engages in the acquisition, exploration, and development of gold properties in northern Ontario and Quebec of Canada, as well as in Mexico, has reported the results of 4 holes, 3 of which are confirmation (“twin”) holes and 1 infill/expansion drill hole, at the Company’s Fenn-Gibb Project. The Fenn-Gibb Project, which is located 60 kms east of Timmins alongside the eastern extension of the Destor Porcupine (DPFZ) and Pipestone Fault Zones (PFZ), can potentially host significant underground and open-pit resources. The twin and infill/expansion drilling is conducted as part of a work program to help support an Initial National Instrument (NI) 43-101 mineral resource, which is expected to be released before the end of this year. The Company has been targeting an initial resource of between 2 and 3 million ounces, with the deposit to remain open in all directions.

The drilling consists of three holes which are considered “twins” to historic holes that were completed by past operators in the 1990s, as well as one hole into an untested gap within the central portion of the intrusive complex section and then extended north 200 meters of previous neighboring holes.

Tony Makuch, President and CEO of Lake Shore Gold, commented: “We are very encouraged by the results being announced today as part of our confirmation and infill/expansion drill program at Fenn-Gib. The twin holes drilled and check sampling work completed clearly show that past results are holding up very well, with there being some upside potential. The results from Hole FG-11-04, drilled into an untested gap, were also very significant. This hole provided strong confirmation of the geologic model, demonstrated that mineralization extends from the syenite into the mafic volcanics and continues to depth uncovering a 200 metre expansion of shallow mineralization to the north of previous drill holes. Today’s results very much support our view that Fenn-Gib has the potential to host significant open pit and underground resources and we are very much looking forward to announcing our initial resource for the project before the end of 2011.”

The significant results of the project include: 1.31 gpt Au over 414.00m, which includes 1.54 gpt Au over 264.00m, and 2.40 gpt over 20.00m, including 3.72 gpt Au over 9.00m in FG-11-04, which has been drilled into a previously untested gap in the central portion of the intrusive complex and north of previous drilling. Mineralization for the upper portion of the hole is between a down hole depth of 75 and 489 meters and contains moderate to heavily altered alkalic intrusives and mafic volcanic’s, which contains 5 to 15 percent disseminated pyrite. Mineralization in the lower portion of the hole is between 631.0 and 651.0 meters and ended in mineralization with the last 3.0m averaging 6.78 gpt. Results of FG-11-04 are reported to be very positive as they offer strong confirmation of the geologic model being used to identify new mineralization 200 meters north of previous drillings.

Other significant results were reported for three twin holes completed in the central to eastern portion of the deposit with all three holes having grades and widths similar or better than previous neighboring holes. FG-11-03 was drilled 50 meters to the east of FG-11-04 and was created to twin previous hole G-98-184 to be 250.00 meters deep, as well as to cover up untested areas located below this depth. Results from FG-11-03 include 1.20 gpt Au over 236.00m and 9.77 gpt Au over 3.20m, in comparison to 1.47 gpt over 164.50m in G-98-184. Comparison of FG-11-03 over a similar down hole range shows 1.43 gpt Au over 166.00 meters. FG-11-02 was drilled about 50 meters east of FG-11-03 and intersected 1.19 gpt Au over 265.00 meters, compared to 0.88 gpt over 268.00 meters in previous hole G-93-1. FG-11-01 was drilled in the east extension of the Main Zone approximately 160 meters east of FG-11-02 and intersected 3.29 gpt Au over 29.30m, including 6.09 gpt over 9.40m, in comparison to the 2.95 gpt over 28.58m in the previous hole G-96-154.

In part of the recently finished drill program all samples were also analyzed for silver (Ag). The results have indicated generally higher silver grades, which correspond with felsic intrusive rocks and gold mineralization. The composites for silver across the mineralized envelope average 1.00 to 2.00 gpt with a gold:silver ratio averaging 2:1. These silver grades are more elevated than those found in most gold deposits in the Timmins Camp, where silver values are typically less than 0.5 gpt with ratios of approximately 6:1.

Also, the Company has carried out a check-sampling program on about 200 duplicate core halves from past drilling. The samples from the check program were from core covering various past drill programs and rock types overlying a 1 km strike length over the Main Zone. The results of the check-sampling program were overwhelmingly positive and have indicated an average overall grade for the check samples of 1.12 gpt, in comparison to the 0.91 gpt for the original samples. The Company has also taken note to an un-sampled core that is adjacent to known zones from historic holes and will undertake an infill-sampling program.

The Company’s Qualified Persons (“QP’s”) for the surface drilling and check sampling programs that are on the verge of completion on the Fenn-Gib property are Stephen Conquer, P. Geo. and Bob Kusins, P.Geo. As QP’s, they have supervised and prepared for the preparation of the scientific or technical information and verified the data mentioned above. Mr. Conquer and Mr. Kusins are employees of Lake Shore Gold.

Lake Shore Gold has put into effect a quality-control program to guarantee the best practice in the sampling and analysis of the drill core. NQ size drill core is saw cut, while half the drill core is sampled in standard intervals and the other half of the core is stored into a more secure location. The drill core is then transported in security-sealed bags in order to be prepped at the ALS Minerals Prep Lab located in Timmins, Ontario, and the pulps are shipped to ALS Minerals Assay Laboratory in either Vancouver, B.C. or Val D’Or, Quebec. Assays have reached completion by ALS Minerals using a standard fire assay with a 30g aliquot and an AA finish. Samples with assay results above 10.0 gpt are then analyzed once again utilizing a gravimetric finish. ALS Minerals is an ISO 9001-2000 registered laboratory preparing for its ISO 17025 certification.

The potential mineral deposit at the Fenn-Gib project, as mentioned above, is conceptual in its nature. There has been lacking exploration work to define a mineral resource as defined under NI 43-101 and it is doubtful if further exploration drilling will result in the potential mineral deposit being described as a mineral resource.

About Lake Shore Gold
Lake Shore Gold Corp. strives in the acquisition, exploration, and development of gold properties in northern Ontario and Quebec of Canada, as well as in Mexico. The company has interests in the Timmins Mine property, Thunder Creek property, Thorne property, 144 property, Casa Berardi property, Bell Creek mine, Bell Creek mill, and RTM/AGE option property located in Canada. The company also holds interests in the polymetallic MontaƱa de Oro project, high-grade Lluvia de Oro gold-silver project, and Universo gold project located in Mexico. It has a strategic alliance with RT Minerals Corp. The company was formerly known as Consolidated Takepoint Ventures Ltd. and changed its name to Lake Shore Gold Corp. in December 2002. Lake Shore Gold Corp. is headquartered in Toronto, Canada.

For more information on Lake Shore Gold and other projects, please visit http://www.lsgold.com

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East Coast Diversified Corp. (ECDC) Subsidiary Supplies Ghanian Partner with Oil Monitoring Supplies

East Coast Diversified Corp. announced that it has shipped LogiBoxx oil tanker monitoring products to Ghanian partner MultiPlant through East Coast’s subsidiary EarthSearch Communications. This is being done as part of the Unified Petroleum Price Fund program, under which the Ghanian government compensates oil companies that deliver petroleum to parts of Ghana that are typically deemed unrealistically expensive to deliver to.

EarthSearch, based in Atlanta, produces the LogiBoxx system, which utilizes GPS and RFID technologies together with GATIS middleware to form the LogiBoxx Certified Solution product. This product assists in supply chain, logistics and asset management industries. EarthSearch also offers a line of RFID products and solutions.

EarthSearch’s LogiBoxx systems monitor the opening and closing of fuel spigots, fuel levels and the physical location of the tanker using Google Earth APIs, which can alert the company to fraudulent claims for payment by oil distributors. It also assists with distributors filing payment claims with the Ghanian government. Destinations for tankers can be programmed into LogiBoxx, which will be alerted if any discrepancies are detected.

William Johnson, Global Operations Manager for ECDC, said, “We are prepared and ready to support customers globally including this and many other projects currently ongoing.”

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GreenCell, Inc. (GCLL) Video Chart for Friday, October 28, 2011

The GCLL chart had the biggest volume day in its history yesterday with shares rising on the volume. Often times, volume is a prelude to a larger move which looks to be trying to happen as the stock price has once again held support at 60 cents.

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Li3 Energy (LIEG) Makes Appointments to Its Board of Directors

Li3 Energy Inc. is a South American-based exploration and development company in the lithium and minerals sector. The company announced today that it has appointed three senior mining and business executives, with over 100 years of combined experience, to serve on its Board of Directors.

Patricio Campos joins Li3 with over 39 years of experience in project exploration, evaluation, technical and economic preparation. His mining experience includes working with copper, gold, boron and potassium chloride projects, along with non-metallic minerals such as coal, phosphate and lithium brines. He is currently the CEO of Algorta Norte S.A.’s iodine project. Mr. Campos has worked previously for well-known companies in the sector such as Phelps Dodge, Anglo American, Codelco of China, and Sociedad Quimica y Minera de Chile (SQM).

Mr. Eduardo de Aguirre comes to Li3 bringing over 35 years of experience in business development, project management and finance. Since 2007, he has served as legal representative to General Dynamics Installation Services in Chile. In addition, since, 2005, Mr. de Aguirre has acted as consultant and sales representative for Latin America to General Dynamics SATCOM Technologies.

Mr. Alan Frasier joins the Li3 board with over 24 years of experience in engineering business development specifically for mining projects, process plants, power plants, petrochemical process plants, infrastructure and environmental assessments. Currently, he is a managing director and a shareholder of P3 Consultores S.A. This company is a project management services company that provides risk administration to clients in the mining industry such as Anglo American and Colahuasi. Mr. Fraser also was employed by engineering firm Flour in Chile where he worked closely with major mining companies like BHP Billiton, Rio Tinto, Xstrata and Barrick Gold.

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On the Move Systems Corp. (OMVS) Looks to Capitalize on Surging Android Market with Cross-Platform Apps

On the Move Systems Corp. is a young company that is truly “on the move.” Located on Tampa, Florida, On the Move Systems Corp. (OMVS) has quickly earned a stellar reputation as a leader in the development of cutting-edge technology across a broad spectrum of industries. Today, OMVS took a major step towards prominence when they announced they are working to capitalize on Android’s booming popularity by developing fun, engaging and innovative new apps compatible across all of the top mobile platforms.

ARI Research, which released Android figures earlier this week, predict that global app downloads will swell to 29 billion by the end of this year. This number dwarfs the figure of 9 billion which was the figure in 2010. A major reason for this explosion is the increasing demand for new smartphones and tablet computers across the globe.

Leading the way at OMVS is Patrick Brown whom serves as the company’s CEO. In reference to this story, Brown stated, “This popular, open-source platform is driving the growth of multi-platform and mobile operator app stores, substantially enlarging and diversifying the marketplace for our products. It’s an exciting time to be developing mobile applications.” Brown further commented, “The long-term outlook for mobile applications is outstanding, and work is underway on the revolutionary new apps that OMVS is developing to capture an early slice of this emerging market.”

In an effort to further their power within the sector, OMVS signed a development agreement with the mobile content provider Spud McCool Media, Inc. to create innovative software products for sale and use with tablets and smartphones.

Currently, OMVS is trading in the $0.32 range. With this breaking news an array of technology in place, OMVS is a company on the rise.

To learn more about this press release or the company as a whole, visit their corporate website at: www.onthemovesystems.com.

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PeopleString Corporation (PLPE) Announces Launch of PeopleDeals Mobile Platform

PeopleString, a young New Jersey based company offering a unique interactive social portal and affiliate program, announced today that it has officially launched PeopleDeals, a mobile platform that allows consumers to find and share social coupons and deals on their mobile devices. The new application, available on Android and iPhone iOS mobile platforms, allows consumers to access and share local deals as well as search for and contact businesses, get directions, and even check reviews.

The PeopleString platform allows advertisers to use PeopleString’s patent pending Share It Up technology, by which they can create and launch deals that increase in value the more they are shared, rewarding consumers for sharing social coupons by giving them a better deal for their market amplifying efforts. By rewarding the sharing of social coupons, merchants reduce their traditional advertising costs, and can pass the savings along directly to their customers. The platform aggregates local and national deals from other providers, creating a one-stop shop for users, and is integrated with PeopleDeals and the PeopleDeals Facebook application, making it easy for users to access their Share It Up deals at their convenience.

The idea behind PeopleString is to create technologies that empower consumers to leverage their social networks to capitalize on the best local and national deals. The company also offers a patent pending Insta Portal technology, which lets users import pieces of their favorite websites into their own PeopleString homepage. Also, any user who purchases through the PeopleString website shares in the revenue received from the purchase.

The PeopleString portal consists of the interactive social network, cash back shopping, pay-to-watch videos, and aggregated affiliate offers. The company considers itself the first social network to share its revenue with active members for doing things online they already do every day.

For additional information, visit the company’s website at www.PeopleString.com and www.PeopleDeals.com.

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Thursday, October 27, 2011

Titan Pharmaceuticals (TTNP) Shares Rally on Probuphine Update

Shares of Titan Pharmaceuticals Inc., a biopharmaceutical company engaged in the development of proprietary therapeutics mainly for the treatment of central nervous system disorders, jumped in today’s trading after the company provided an update on its Probuphine™.

Titan Pharmaceuticals said that it met with the U.S. FDA for a Pre-New Drug Application (Pre-NDA) meeting relating to Probuphone, which is an innovative subcutaneous implant formulation of buprenorphine. Following the meeting with the FDA, the company believes that its phase III clinical program completed to date is acceptable to the agency to support submission of a NDA through the 505(b)(2) pathway. The company also believes that the FDA does not require any additional clinical efficacy or safety studies for the drug.

Sunil Bhonsle, president of Titan Pharmaceuticals, said that the company is extremely pleased with the preliminary outcome as it believes it allows it to move forward rapidly and efficiently with its ongoing partnership discussions for Probuphine.

Additional articles published by Beacon Equity Research can be found on their website at www.BeaconEquity.com

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USA Technologies, Inc. (USAT) Ends Fiscal First Quarter with $42 Million in Small Ticket Transactions; Dollar Volume Up 75% from Last Year

USA Technologies, Inc., a leader of wireless, cashless payment and M2M telemetry solutions for self-serve, small ticket retailing industries, today announced positive earnings for the first fiscal quarter which reflected a record 25 million small ticket transactions earning $42 million. The total transaction dollar volume increased by 75% from a year ago. With its current dollar volume of transactions, the company is on track to reach $175 million annualized run rate.

The company also announced growing success for its ePort Connect Service. ePort installs into a company’s existing cash-only machines so they can accept credit, debit, and new contactless cards. USA Technologies reported that it added approximately 300 new ePort Connect Service customers, increasing by 85% from last year. USA Technologies also provided new service connections to about 10,000 to reach approximately 129,000 connections. This past April USA Technologies also announced that the ePort Connect Service will now include the Verizon wireless network for connectivity to enable wireless point-of-dale payments.

“With developments such as our recent joint marketing agreement with Verizon Wireless, we are launching strategic efforts which we believe would have the potential to further enhance our leadership position, as well as expand our reach and accelerate the adoption of cashless payment technology across the unattended, retail small-ticket landscape,” said Stephen P. Herbert, Interim Chairman and CEO, USA Technologies in a press release on Thursday.

The Nilson Report, a leading source of research on consumer payment systems worldwide, has ranked USA Technologies 5th among the leading point-of-sale (POS) shippers in the United States. The company competes against global giants like VeriFone, Hypercom, Ingenico and First Data to provide cashless payment technology to small-ticket unattended retail locations.

For more information, please visit www.usatech.com

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Lighting Science Group (LSCG) Posts 100% Increase in LED Lighting Products Orders

Lighting Science Group released news today that in the past year, it has received more than $100 million of LED lighting product orders, representing more than a 100% increase compared to the numbers from last year. One of the world’s premier LED lighting manufacturers, Lighting Science Group’s products are used in all sectors, spanning everything from the International Space Station to businesses and individual homes around the world. Major lighting retailers, companies, retail chains and various municipalities choose LSG’s products for their substantial energy savings, high quality, performance and renowned longevity.

Jim Haworth, chairman and chief executive officer of Lighting Science Group, remarked, “Surpassing the $100 million order mark this year is not only a significant achievement for our company, but for the entire LED lighting industry. As a result of increasing consumer and business demand, we expect LED lighting sales to grow exponentially over the next couple of years.”

Lighting Science Group has earned the United States Environmental Protection Agency’s first ENERGY STAR label and maintains a leadership position in the number of ENERGY STAR qualified products. The company is dedicated to supporting, promoting and employing green operations and goes to great lengths to ensure that it sources its raw materials sustainably, resulting in toxic-free and completely recyclable products.

Haworth added, “Lighting Science Group epitomizes the “green” American business success story. Only a year ago, the company had 100 employees, now we have 1000. As we look ahead to what’s possible, rather than accept what is, we acknowledge—and appreciate—that the LED bulbs on the market today represent only a stepping stone on this journey towards a more sustainable energy future, not the final destination. We plan to continue to accelerate product innovation and drive down prices. For example, Lighting Science Group will offer a top-grade sub-$15 LED 60-watt bulb in the United States next year. At a price previously unheard of, this bulb will provide millions of people with unparalleled light quality while simultaneously garnering significant returns on investment.”

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Dynavax Technologies Corp. (DVAX) HEPLISAV Demonstrates Statistical Significance and Superiority

Dynavax Technologies Corp., a clinical-stage biopharmaceutical company that discovers and develops novel products to prevent and treat infectious and inflammatory diseases, today announced that it has unblinded its phase 3 primary endpoint immunogenicity data in subjects with chronic kidney disease. The data demonstrates that HEPLISAV achieved statistical significance in both superiority and non-inferiority as compared to Engerix-B.

Dynavax president and Chief Medical Officer Tyler Martin, M.D., detailed HEPLISAV’s performance and what the results mean for future treatment options.

“The demonstrated superiority of HEPLISAV in chronic kidney disease patients who are at high risk of HBV infection and hypo-responsive to hepatitis B vaccine adds to the growing body of evidence of HEPLISAV’s advantages in a well-known hypo-responsive patient population already being vaccinated against hepatitis B infection,” Dr. Martin stated in the press release. “These results, with three doses of HEPLISAV compared to eight doses of Engerix-B, provide the data necessary to support an indication and specific treatment regimen for HEPLISAV in persons with chronic kidney disease.”

The company also conducted a partial safety analysis, which showed a similar safety profile for the HEPLISAV and Engerix-B, with the incidence of post-injection reactions and adverse events similar in both groups. The phase 3, multi-center trial evaluated 507 patients with chronic kidney disease, and compared three doses of HEPLISAV with eight doses of Engerix-B.

The company said it will present detailed results of the trial in November at the American Society of Nephrology Kidney Week meeting in Philadelphia.

For more information visit www.dynavax.com

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Advanced Medical Isotope Corp. (ADMD) Moves to Acquire Key Russian Medical Isotope Company’s Assets, Engages Global TechInnovations and Plans for...

Advanced Medical Isotope Corp. (ADMD) Moves to Acquire Key Russian Medical Isotope Company’s Assets, Engages Global TechInnovations and Plans for Further Acquisitions

Advanced Medical Isotope has built a small empire around the development and production of critical medical isotopes used in advanced diagnostic testing, as well as non-surgical therapies, and recently announced a move to capture additional market territory, engaging investment and professional services firm Global TechInnovations to assist in the acquisition of a key Russian isotope producer.

This move to acquire the Russian company’s assets, which include an existing global sales footprint and proprietary contracts, in addition to copious extant work by strategic science/production partners and the essential separation process technologies, is but the first step into the region for ADMD. Global TechInnovations will spearhead ADMD’s future acquisitive efforts in Russia/FSU states (Former Soviet Union) as well, acting as a tactical advisor and service support envelope for the various meetings and negotiations, as well as post-acquisition support.

Chairman and CEO of ADMD, James C. Katzaroff, spoke of the initial approach by the Company in going to bedrock institution and non-profit corporate membership association, the USIC (U.S. Industry Coalition), on the basis of its well-known reputation for being dedicated to its members and for the USIC’s powerful global influence. Katzaroff indicated that plans were underway to go further after the acquisition, expanding ADMD’s technological capabilities, as well as the Company’s global reach. Confidence in a positive conclusion to this acquisition, thanks in large part to the USIC and Global TechInnovations, has primed ADMD for expansion in Russia and Katzaroff posited enhanced competitive position and organizational improvements as other natural results.

Managing Director of Global TechInnovations, Artour Baganov, spoke of the worked conducted between the USIC and non-profit international science/technology collaboration facilitator CRDF Global, which has extensive work in the international scientific research area, an often extremely complex and challenging environment. Baganov even hailed Katzaroff himself as an “innovator who is adept at identifying as well as leveraging advantageous international nuclear medical technology opportunities,” defining a clear horizon for ADMD’s potential.

These developments are perfectly in line with ADMD’s strategy of bringing the medical community the essential isotopes that have been, up until recently, either prohibitively expensive or otherwise infeasible and which are so important to emerging therapies and the diagnostics involved in developing cures for disease.

For more information on the acquisition, engagement of Global TechInnovations, or on the Company itself, please visit the Advanced Medical Isotope Corp. website located at www.IsotopeWorld.com

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Star Gold Corp. (SRGZ) Reports Update on Nevada Mining Program

Star Gold Corp. reported an update for investors and shareholders on the operations underway at the company’s mining property in Nye County, Nevada.

Star Gold has started the first phase of drilling activity at the Longstreet gold property in southern Nevada. The company plans to drill twelve infill and expansion holes at the property using a Reverse Circulation (RC) rig.

Star Gold is basing the exploratory program partially on a recent report issued by Paul D. Noland, an independent geologist hired by the company. The report estimated that the property might contain 3.5 million short tons with an average gold content of 0.053 ounces per ton.

Star Gold said that phase one will consist of between 25 and 30 exploratory drill holes totaling 10,000 feet. The company will begin the program at the Main site at Longstreet and then continue exploration at the North target in early 2012.

Star Gold received approval for the Longstreet exploration program from the U.S. Forest Service in August 2011.

The Cyprus Ridge area at the Longstreet property is a third target area for Star Gold Corp., and the company has conducted surface mapping and geochemical sampling here. The company plans exploration at Cyprus Ridge in the summer of 2012.

For more information on the company, go to www.stargoldcorp.com

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Wednesday, October 26, 2011

Car Charging Group, Inc. (CCGI) Joins with Ace Parking Management to Offer Customers on the West Coast Electric Vehicle Charging Stations at...

Car Charging Group, Inc. (CCGI) Joins with Ace Parking Management to Offer Customers on the West Coast Electric Vehicle Charging Stations at Parking Facilities

Car Charging Group, Inc., a Florida based company that owns and provides electric vehicle charging stations in convenient, safe and affordable customer-friendly public locations, today announced a partnership with Ace Parking Management of California to provide EV charging stations at various Ace Parking Facilities across the West Coast. There are an estimated 40 million plug-in electric vehicles like the Chevy Volt expected to hit the road by 2030. Car Charging Group has been working since 2009 to create a comprehensive national network of charging stations that deliver easy, convenient access for drivers where they live, work and play. This partnership expands their operations.

Ace Parking manages over 450 parking locations in eight states, including office, retail, hotel, airport parking and shuttles, stadium, arena and event parking and hospitals and medical centers. With this agreement the Car Charging Group plans to install 240 volt charging stations powered by ChargePoint® Network and offer services to Ace Parking Customers. The companies will share in the proceeds generated by these charging services.

“We’ve had great success in partnering with parking garages across the country,” said Brian Golomb, sales director, Car Charging Group in a press release on Wednesday. “Forward-thinking parking garage owners and managers such as Ace Parking understand the economic and environmental benefits of installing EV charging stations, as well as their importance to the developing EV industry and their role in attracting environmentally conscious customers.”

The installation of the charging stations is just one of Ace Parking’s green initiatives which also includes solar trees, discounted parking for hybrid cars, solar-powered parking equipment, environmentally friendly shuttle buses, green carwashes and energy efficiency and water conservation.

“We are excited to partner with Car Charging Group in San Francisco in order to bring the next generation of EV Charging Stations to our customers,” said Matt Griesheimer, Vice President at Ace Parking in the Wednesday press release. “With the increase in Electric Vehicle adoption, it’s incumbent upon us to take the initiative and support our customer’s needs.”

For more information, please visit www.CarCharging.com

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Cereplast, Inc. (CERP) Completes Purchase of Manufacturing Plant in Italy

Cereplast, Inc. designs and manufactures proprietary bio-based, sustainable plastics which are used as substitutes for traditional plastics at a price that is competitive. The company offers products which meet a variety of customer needs.

The company said today that it has completed the purchase of a manufacturing plant in Assisi, Italy that will serve as the hub for its European bioplastics production. The new plant enables Cereplast to further expand its capabilities to produce and deliver bioplastic products to the European marketplace.

The management of Cereplant estimates the total cost of the purchase and refurbishment of the facility to be about 12 million euros. The majority of the funding will be provided by the Italian bank Monte de Paschi di Sienna.

Cereplast intends to build a plant with a capacity of approximately 100,000 tons, or 220 million pounds, which will be completed in two phases. The first phase will allow for a 50,000 ton capacity with manufacturing expected to begin by the fourth quarter of 2012. The second phase is expected to be completed on a schedule based on market demand for the bioplastics.

For additional information about Cereplast, please visit the company’s website at www.cereplast.com

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GLG Life Tech Corporation (GLGL) Video Chart for Wednesday, October 26, 2011

A classic bottom play, GLGL appears to be gaining some traction after the sharp drop less than one month ago. The indicators are aligning as new support levels are established. Technical traders will be looking for volume to pick up and a possible push towards resistance around $2.

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PositiveID Corp. (PSID) iglucose™ System Offers Better Outcomes and Lower Costs to Healthcare System

PositiveID Corp., a company that develops medical devices and biological detection systems, focusing primarily on diabetes management, rapid medical testing, and airborne bio-threat detection, has developed the iglucose™ system to bring the future technology of diabetes management to consumers. A comprehensive video has been made to present the many benefits of the iglucose™ system, which can be found at http://www.positiveidcorp.com/products_iglucose.html

The very powerful yet simple to use iglucose mobile health system has been designed to work with popular glucose meters already in the market. It will also be integrated to work together with a cutting edge product that is currently in development and getting closer to coming to market from PositiveID – the company’s noninvasive (no needles or pricks involved) breath-based glucose tester called Easy Check™. This breakthrough product will allow the user to blow into the device to get their glucose readings. These readings can then be transmitted with the iglucose system for desired persons to read and monitor. The breath-based glucose meter is now ready for pre-trial testing and is heading towards U.S. Food and Drug Administration submission.

iglucose has already been submitted to the US FDA and is pending clearance.

For more information on PositiveID Corp., visit their company website at http://www.positiveidcorp.com

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MiMedx Group, Inc. (MDXG) Reports Q3 Results, Product Achievements

MiMedx Group, Inc., an integrated developer, manufacturer and marketer of patent protected regenerative biomaterials and bioimplants processed from human amniotic membrane, today announced its results for the third quarter ended September 30, 2011.

The company posted record second-quarter revenue at $2.1 million, a nearly twenty-fold increase over third quarter of 2010 revenue reported at $108,000. MiMedx reported a net loss of $1.7 million, or $(0.02) per diluted common share, for the third quarter, compared to a net loss of $2.8 million, or $(0.05) per diluted common share, in the third quarter of last year.

The company achieved breakeven adjusted EBITDA for the month of September, and Parker H. “Pete” Petit, chairman and CEO of MiMedx, said the company reduced its adjusted EBITDA loss in the third quarter by nearly $500,000 compared to the previous quarter.

“With a combination of revenue growth and expense management, we are making significant strides towards achieving positive Adjusted EBITDA in the near term. We expect that the recent addition of key resources in our sales organization, our agreement with Affirmative Solutions for our VA initiatives, and several potential OEM agreements that are currently in various stages of negotiation will provide further support of our fourth quarter growth goals. These initiatives, along with our continued diligence in expense control, will expedite our Adjusted EBITDA/positive cash flow objectives,” Petit stated in the press release.

During the third quarter, MiMedx also launched its AmnioFix® Injectable and commenced shipments into distribution. The company noted increasing interest in the technology as it demonstrates growing application.

“We have initiated a limited launch of the AmnioFix® Injectable to a group of physicians who, for quite some time, have expressed an interest in this configuration,” Bill Taylor, president and COO of MiMedx stated. “The physicians using it in the limited launch are focusing their efforts on tendonitis applications. AmnioFix® Injectable may have numerous additional uses as well, and at this time, we are conducting additional evaluations to study such applications. … Based on the data and evidence we have collected so far, it appears that our AmnioFix and EpiFix® products will have strong clinical results and be quite cost effective in their uses for numerous medical procedures.”

For more information visit www.mimedx.com

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International Fuel Technology, Inc. (IFUE) Diesel Fuel Additives Expected to Explode to a $5 Million-year-Year Run Rate

Located in St. Louis, Missouri, International Fuel Technology (“IFT”) is a technology company with a growing patent portfolio that sells fuel performance enhancement additives to industrial consumers across the globe. Today, IFT announced they are achieving early commercial successes in the European rail industry and expects to announce sizable orders from a number of key operators.

IFT is starting to become a prominent figure in their sector and expects their breakthrough diesel additives sales to explode 25-fold to a $5 million-a-year run rate in 2012. Leading the way at IFT is Jonathan Burst whom serves as the company’s CEO. In reference to this press release, Burst stated, “Based on information received from distribution partners, current market conditions and our internal analyses, we think it’s possible that IFT’s total sales could be at a $10 million annual run rate in 2012.”

IFT Director of Science and Technology Dr. Sergio C. Trindade commented, “Both laboratory and extensive, in-service field testing confirm that use of our proprietary DiesoLiFT(TM) 10 diesel fuel additive not only increases fuel economy by 3% to 6% on average, and reduces harmful emissions but also reduces maintenance costs for and extends the life of the engines. Customers have indicated to us that even at only a 2% improvement the product is economical for them. Moreover, reduction of both scheduled maintenance and equipment down time are proving to be a compelling cost savings.”

Currently, IFT is trading in the $0.23 range. To learn more about the company as a whole, visit their corporate website at: www.internationalfuel.com

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Ur-Energy Inc. (URG) and NuCore Energy LLC Sign Agreement

On Tuesday, Ur-Energy Inc. announced that it has entered into a strategic marketing arrangement with NuCore Energy, LLC. According to the agreement, NuCore will provide uranium marketing advisory and professional services to Ur-Energy. NuCore will also exclusively negotiate uranium sales agreements for the production derived from the company’s Lost Creek uranium ISR project.

Founded in early 2009 by James Cornell, NuCore is a North American company that focuses on advising businesses across the commercial nuclear fuels market and services sector. Mr. Cornell, NuCore’s President and CEO, has over 24 years of experience in the nuclear industry and nuclear fuels marketing. Under the arrangement, Mr. Cornell will represent Ur-Energy exclusively in negotiation of uranium off-take purchase agreements for future production and will provide professional advisory services.

Mr. Cornell commented, “I have a great deal of respect for Ur-Energy’s management team and am looking forward to working together with them to realize Ur-Energy’s very impressive potential.”

This alliance provides Ur-Energy with broad based benefits including expertise in uranium sales and marketing, greater access to the North American and global markets through an individual that has developed strong relationships with utilities and other key groups, and experienced execution of a well planned growth strategy.

Ur-Energy Executive Chairman Mr. Jeff Klenda said, “We are most pleased to announce Mr. Cornell’s new role in the growth strategy of Ur-Energy. Jim is one of the foremost experts in the nuclear fuel marketing field and this strategic relationship will be a key element in advancing Ur-Energy’s sales and marketing strategy.”

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Tuesday, October 25, 2011

Strategic American Oil Corp. (SGCA) Continues to Grow Production at Galveston Bay

In February, 2011, Strategic American Oil completed what CEO Jeremy Drive termed “a seminal event” for the company, the acquisition of Galveston Bay Energy, a Texas based owner and operator of oil and natural gas properties in Galveston Bay, southeast of Houston. The $9.9 million acquisition, funded with proceeds from a private placement, was immediately accretive to cash flow, production, and reserves, important to the company’s goal of growing production and cash flow through low risk development and workover projects. An independent engineering report from last year estimated net proved reserves of 3.6 million barrels of oil equivalent, together with important exploration opportunities for undiscovered deeper pools. The move gives Strategic American a multi-year inventory of diversified projects in a key producing hydrocarbon basin.

The recent acquisition included 4 fields:

• Trinity Bay
• Fisher’s Reef
• Red Fish Reef
• North Point Bolivar

Since completion of the Galveston Bay acquisition, Strategic American has been working to improve existing production infrastructure. As a result, gross production has steadily increased to over 260 barrels of oil per day and 420 Mcf of gas per day. The increased production is generating additional cash, which positions the company for continued growth.

With more than 120 wells, and only 20-30 wells currently producing, there is much room for low risk and low capital expansion, all in the shallow waters of Galveston Bay. Strategic American has already placed into production its initial post-acquisition well of Galveston Bay, the Fisher’s Reef G2-3A. The well is producing approximately 120 barrels of oil per day, plus 200 Mcf per day of natural gas. The PV-10 value of the acquisition was estimated at over $54 million for proved reserves alone. Multiple high-value targets have also been identified in Galveston Bay, and a full field study is underway to finalize a corresponding operational plan.

In addition, in September, Strategic American completed the acquisition of SPE Navigation I, which included certain oil and gas working interests equal to one third the working interests owned in the four producing oil and gas fields in Galveston Bay, further strengthening the company’s cash producing assets and balance sheet.

For additional information, visit www.StrategicAmericanOil.com

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Sky Petroleum, Inc. (SKPI) Shows Serious Oil and Gas Potential in Albania with Recent Report by Schlumberger Consulting Firm Pathfinder

Sky Petroleum, with a focus on E&P in the Republic of Albania and a bench of proven oil and gas professionals at the helm, has exploited a strategy that leverages infrastructural localization and maximized up-time between appraisal/development to carve out a substantial foothold in the region. The Company offered an operational status report, detailing technical data analysis of previously engaged Schlumberger consulting firm, Pathfinder, which has subsequently produced recommendations on three of the ten prospects.

According to the determinations of the Pathfinder team, there is potential for more up-dip drilling at oil shows in Palokastra and discrete testing of fractured intervals at oil shows in Kanina also shows potential. With a mountain of data still to be analyzed, covering seven additional prospect areas targeted for future E&P, Pathfinder is currently hard at work as SKPI performs internal refinement of their E&P plans, continuously adjusting them to tailor fit the prevailing analysis. The Dumre block is situated just north of the successful Kucova oil field and analogous discoveries indicate strong potential for hydrocarbon development here as well.

Pathfinder’s planning model, incorporating extended reach side-tracks, offers sound engineering guidance that indicates all three wells are drillable and a rigorous engineering proposal designed to capture this potential will follow an array of feasibility studies. The overall SKPI regional strategy remains rock-solid and this report gives investors an extremely interesting view inside Albania’s rapidly expanding energy sector. With three commercial refineries and modern port facilities on the Adriatic Sea, Albania sits in close striking distance to European markets and currently already has internal consumption and exports to nearby Italy taking up production.

The overarching goal of analysis will be to confirm extant reserve potential of some 875 million barrels of oil equivalent ($1-3B market value on P90 reserve values of some 105 MMBOE at $10-30/barrel). The proven hydrocarbon production potential of Albania stretches back to the Roman Empire and SKPI is in a choice position, sitting on exclusive rights to massive exploration blocks comprised of millions of acres, as well as a wealth of extant 2D seismic data. Geographically, Albania is in a prime position as well, sitting on a cross roads of sever major planned gas pipelines from the Black Sea to Western Europe.

The production-sharing contract enjoyed by the Company has a seven-year term consisting of three exploration periods and is designed to trigger development/production periods in excess of 25 years or more at SKPI’s discretion upon commercial discovery of gas.

For more information on the report, or to learn more about Sky Petroleum, Inc., please visit the Company’s website at: www.SkyPetroleum.com

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MMRGlobal, Inc. (MMRF) and REACH Air Medical Partnership Aids Air Evacuation

MMRGlobal, Inc. announced a new partnership with REACH Air Medical Services that will offer MMR’s MyMedicalRecords personal health records to REACH’s client base. They will be supplementary to memberships offered by REACH, covering non-reimbursed charges for emergency air medical transport services.

MMRGlobal is a provider of online PHRs, or personal health records, as well as electronic safe deposit box technology. MMR allows for access to essential documents, such as medical records, insurance paperwork and identification documents from any web-enabled device. MMR also offers an MMRPro service, allowing for physicians to digitize outdated paper-based record keeping systems. REACH Air Medical Services provides emergency air-based medical transportation using a fleet of helicopters and airplanes. REACH supports organizations in California, Oregon and Texas.

Robert H. Lorsch, Chairman and CEO of MMRGlobal, said, “The importance of rapid response to critically ill or injured patients cannot be overstated. Those who follow the Company know the value of MyMedicalRecords to emergency preparedness and we have made this a cornerstone of our health IT products and services. Teaming with REACH enables us to serve a targeted group of customers with a product that can both help save lives and accelerate the recovery process.”

Brian Karr, CFO of REACH, added, “Air ambulance services need a service such as the MyMedialRecords Personal Health Record to maintain different sets of medical records for patients. Offering MyMedicalRecords makes it easier for doctors, flight nurses and paramedics to have up-to-date health information that is accessible in one place via a secure Emergency Portal and readily available to our 24/7 communications center.”

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Accuray Inc. (ARAY) Granted 510(K) Clearance for Marketing New Feature of TomoTherapy System

Accuray Inc., the premier radiation oncology company that develops, manufactures and sells personalized innovative treatment solutions, today announced that the U.S. Food and Drug Administration has granted the company 510(k) clearance for the marketing of the Dose Control System (DCS) for their TomoTherapy System in the United States. Accuray stated that the DCS feature allows for even higher precision in the dose stability throughout rotational treatments of image-guided radiation therapy in the TomoTherapy System by automatically adjusting controls to limit interruptions and ensuring steadiness over longer duration treatments. Customers can expect higher satisfaction, better patient experience and improved overall performance when the DCS feature is used.

“FDA clearance of the new Dose Control System is a positive step toward improving TomoTherapy System performance and customer satisfaction,” said Euan S. Thomson, Ph.D., president and chief executive officer of Accuray in a press release on Tuesday. “We are dedicated to offering our customers technological advancements that help streamline their workflow and expand the capabilities of their systems.”

When the TomoTherapy system was introduced it revolutionized radiation therapy by providing the option to deliver slices of radiation precisely to target areas without harming surrounding healthy tissue. The advent of this new DCS feature will break new ground by providing an even higher precision of dose stability throughout complex rotational treatments. DCS feature automates what used to be a manual process thus allowing small variations to be immediately corrected which will be especially good for the long treatment procedures like Total Marrow and Total Body Irradiation.

Accuray creates technologies that are used in 582 systems installed in hospitals worldwide that have treated over 200,000 patients. Their key technologies deliver radio surgery, stereotactic body radiation therapy, intensity modulated radiation therapy, image-guided radiation therapy and adaptive radiation therapy.

For more information on the Dose Control System or Accuray, please visit www.accuray.com

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Sharps Compliance (SMED) Reports Revenue Growth in Fiscal 2012 First Quarter

Sharps Compliance Corp. is a leading full service provider of cost-effective management solutions for medical waste and unused dispensed medications generated outside the hospital and large health care facility setting. The company’s strategy is to capture a large part of this estimated $2.8 billion market by targeting the major agencies that are connected to medical waste, including the U.S. government, pharmaceutical manufacturers, pharmacies and clinics.

The company today reported financial results for the first quarter of fiscal year 2012, which ended September 30, 2011. Revenue for the period came in at $5.7 million, which was up $500,000 or 9.7% from the same period last year. The revenue increase reflected growth in sales to the company’s targeted professional and pharmaceutical markets along with the positive impact of a U.S. government contract, which moved into its second year of maintenance in February 2011.

The president and CEO of Sharps, David Tusa, commented on the results, “We continue to focus our sales and marketing activities on building our recurring revenue opportunities…within the professional market. Billings are up more than 84% through this channel and our average weekly order count has more than doubled to 199 since the first quarter of fiscal 2011.”

Sharps also recently moved into the retail pharmacy markets with its Complete Needle Collection & Disposal System. This is a timely move given recent studies that indicate that the number of used needles tossed into household trash has tripled over the past 10 years to 7/8 billion each year and the number of self-injectors in the U.S. has increased to 13.5 million over the same period.

For more information about Sharps Compliance, please visit its website at www.sharpsinc.com

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