For many companies in the competitive business software industry, the ongoing recession continues to be a survival challenge. For SilverSun Technologies, a New Jersey based provider of enterprise resource planning (ERP) and business software for small to medium manufacturers and distributors, it has been a time of steady and healthy sales, punctuated by the most recent figures showing sales up 40% in 2011 to over $10.5 million. Add to that an anticipated operating income of over $800,000, together with zero long-term debt, and it becomes clear why the company stands out.
SilverSun, through its principal operating subsidiary, SWK Technologies, is one of the top U.S. resellers for Sage, a major global publisher of business management software and ERP applications. SilverSun provides financial accounting and supply-chain solutions for a wide range of manufacturers and distributors. The company also publishes, sells, and supports its own MAPADOCTM proprietary EDI (Electronic Data Interchange) software, which offers dramatically reduced expenditures for users of Sage 100, Sage 500, and Sage ERP X3 software. In addition, SilverSun publishes eight different cloud-based solutions, such as BeerRun for the management of craft-brewery production operations.
It’s the range of value-added services, and aggressive management, that gives SilverSun a competitive advantage, and has led to the company’s impressive profile and positioning.
• Sales up 50% in 2011 to an annualized revenue of over $10 million
• Liabilities reduced in 2011 by more than $3 million
• Expanding EDI market driven by demands from big box retailers like Wal-Mart and Home Depot (trading partners utilize EDI for business transactions with these large companies)
• Early acquisitions which consolidated competitive mix of IT business management products/services
• Aggressive focus on raising revenue and cutting expenses to successfully grow gross profit
SilverSun has acquired and integrated several companies with competitive advantages and reach to create a market-leading position.
For additional information, visit the company’s website at www.SilverSunTech.co
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Tuesday, January 31, 2012
Serious about Trading? Then SeriousTraders is for You!
Our partner SeriousTraders knows that elite traders have to stay on top of the market at all times, and they stand behind them by continually searching for incredible trading opportunities. SeriousTraders is jam packed with informative market data and specialized articles; you won’t miss an opportunity to hone your trading edge.
Even if you’re just looking to become a Serious Trader, but don’t know where to begin – look no further. SeriousTraders wants you to feel confident in the news and information they publish. That’s why SeriousTraders is constantly researching and updating their website to bring you the latest information.
Every month you can expect their newsletter to hit your email box without fail. SeriousTraders recognizes that you are dedicated to the market, which is why they are dedicated to you!
If you are serious about trading, become a Serious Trader at www.SeriousTraders.com
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Even if you’re just looking to become a Serious Trader, but don’t know where to begin – look no further. SeriousTraders wants you to feel confident in the news and information they publish. That’s why SeriousTraders is constantly researching and updating their website to bring you the latest information.
Every month you can expect their newsletter to hit your email box without fail. SeriousTraders recognizes that you are dedicated to the market, which is why they are dedicated to you!
If you are serious about trading, become a Serious Trader at www.SeriousTraders.com
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Aimia Selects Lyris, Inc. (LYRI) as Digital Marketing Partner
Today, Lyris, Inc. announced that the world’s leading relationship marketing company, Carlson Marketing, now operating as Aimia (TSX: AIM.TO), has selected the company to be its digital marketing partner. Aimia based its decision on several factors, including the desire to manage and optimize online marketing campaigns across multiple clients, as well as the need for enhanced analytics and reporting capabilities. Lyris’ role as a global digital marketing expert makes it a perfect fit for Aimia.
Aimia is implementing Lyris HQ to enhance their email marketing program in data management, segmentation, deliverability, and reporting. Aimia is known for building relationships with customers, employees, and channel partners of some of the world’s best known brands across vertical industries. By combining various marketing elements, they design and deliver loyalty programs that help companies inspire loyalty, grow, and achieve success. From upfront strategy and analytics, research and planning through employee training and engagement platforms, Aimia helps clients achieve their marketing objectives.
“Through our partnership with Lyris, we have been able to enhance our email marketing capabilities with a more simplified process, enabling us to have a better overview of multiple campaigns and augment our services for our clients,” said Frank Leong, Vice President of Business Technology for Aimia. “Lyris HQ has delivered an easy to use, powerful email marketing solution and we are extremely happy with the visibility and analytics that we are able to glean from the Lyris reports. We look forward to seeing how Lyris HQ continues to help us grow our email marketing campaigns.”
Nello Franco, Senior Vice President of Customer Success for Lyris, remarked, “As a leader in building and maintaining loyalty programs, Aimia is well versed in the importance of engagement and effective communications. We are thrilled to partner with them to deliver the solutions that enable digital marketing success and business-oriented results. We are confident that Lyris HQ is the perfect fit for Aimia’s marketing needs and we look forward to a long and successful partnership.”
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Aimia is implementing Lyris HQ to enhance their email marketing program in data management, segmentation, deliverability, and reporting. Aimia is known for building relationships with customers, employees, and channel partners of some of the world’s best known brands across vertical industries. By combining various marketing elements, they design and deliver loyalty programs that help companies inspire loyalty, grow, and achieve success. From upfront strategy and analytics, research and planning through employee training and engagement platforms, Aimia helps clients achieve their marketing objectives.
“Through our partnership with Lyris, we have been able to enhance our email marketing capabilities with a more simplified process, enabling us to have a better overview of multiple campaigns and augment our services for our clients,” said Frank Leong, Vice President of Business Technology for Aimia. “Lyris HQ has delivered an easy to use, powerful email marketing solution and we are extremely happy with the visibility and analytics that we are able to glean from the Lyris reports. We look forward to seeing how Lyris HQ continues to help us grow our email marketing campaigns.”
Nello Franco, Senior Vice President of Customer Success for Lyris, remarked, “As a leader in building and maintaining loyalty programs, Aimia is well versed in the importance of engagement and effective communications. We are thrilled to partner with them to deliver the solutions that enable digital marketing success and business-oriented results. We are confident that Lyris HQ is the perfect fit for Aimia’s marketing needs and we look forward to a long and successful partnership.”
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PNI Digital Media (PNDMF) Updates PNI Connected Kiosk Software
PNI Digital Media, the leading innovator in online and in-store digital media solutions for retailers, today announced updates for its award-winning PNI Connected Kiosk™ software, which enables further consumer creativity, product merchandising, and enhanced back office controls.
The company’s PNI Connected Kiosk software allows consumers to create, customize and order photo gifts such as photo prints, enlargements, photo books, photo calendars, and greeting cards directly from a retailer’s in-store photo kiosk. The photos can be taken from digital cameras, mobile phones and tablet devices, as well as from Facebook by logging in with Facebook directly from a PNI connected kiosk.
“With over 8,000 installations worldwide, PNI Connected Kiosk software is relied upon by many leading retailers to generate orders within their store environments,” Kyle Hall, CEO of PNI Digital Media stated in the press release. “The latest update adds many new features to an already robust solution. PNI is committed to the kiosk software market and has accelerated the development cycle of our software to extend the solution even further.”
The updated version of PNI Connected Kiosk is compatible with virtually any photo kiosk hardware and is easily installed on new and legacy kiosk systems.
The PNI LiveControl analytics-style reporting tools allow retailers to adjust the product catalogue to maximize results immediately, based on real-time results.
Additional features also include:
• Ability to implement and track product sales and promotions nationally, regionally, by city, per store, per kiosk and in real-time.
• Video promotions and product tutorials
• Visual Product Creator, which allows retailers to create and new products using a step-by-step interface
• Cross-selling features that showcase additional matching products in the shopping cart to drive up average order value
• An improved passport photo print wizard
• A new dynamic ‘drag and drop’ layout creator so consumers can easily drag and drop photos into templates
• Dynamic rich photo layouts that span edge to edge on both sides of a bi-fold photo book
• Improved image effects including transparency, sepia, black and white and dynamic zoom
For more information visit www.pnimedia.com
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The company’s PNI Connected Kiosk software allows consumers to create, customize and order photo gifts such as photo prints, enlargements, photo books, photo calendars, and greeting cards directly from a retailer’s in-store photo kiosk. The photos can be taken from digital cameras, mobile phones and tablet devices, as well as from Facebook by logging in with Facebook directly from a PNI connected kiosk.
“With over 8,000 installations worldwide, PNI Connected Kiosk software is relied upon by many leading retailers to generate orders within their store environments,” Kyle Hall, CEO of PNI Digital Media stated in the press release. “The latest update adds many new features to an already robust solution. PNI is committed to the kiosk software market and has accelerated the development cycle of our software to extend the solution even further.”
The updated version of PNI Connected Kiosk is compatible with virtually any photo kiosk hardware and is easily installed on new and legacy kiosk systems.
The PNI LiveControl analytics-style reporting tools allow retailers to adjust the product catalogue to maximize results immediately, based on real-time results.
Additional features also include:
• Ability to implement and track product sales and promotions nationally, regionally, by city, per store, per kiosk and in real-time.
• Video promotions and product tutorials
• Visual Product Creator, which allows retailers to create and new products using a step-by-step interface
• Cross-selling features that showcase additional matching products in the shopping cart to drive up average order value
• An improved passport photo print wizard
• A new dynamic ‘drag and drop’ layout creator so consumers can easily drag and drop photos into templates
• Dynamic rich photo layouts that span edge to edge on both sides of a bi-fold photo book
• Improved image effects including transparency, sepia, black and white and dynamic zoom
For more information visit www.pnimedia.com
About QualityStocks
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Stevia (STEV) Lands Sweet Equity Purchase Deal with Southridge Partners
Stevia Corp., a farm management company focused on the economic development of alternative sweetener stevia, today announced it has entered into an Equity Purchase Agreement of up to $20 million of the company’s registered common stock by institutional investor Southridge Partners II, LP. Stevia Corp. will allocate this funding to accelerate its commercial development of stevia and related markets.
Stevia Corp. president George Blankenbaker said the funding is a significant achievement that reflects Southridge’s support of Stevia Corp.’s future plans and market opportunity.
“This is an important milestone for Stevia Corp. to have accomplished. We have attracted and won the confidence of a forward-thinking institutional investor which says a lot about their conviction regarding our vision, management approach, and overall market demand,” Blankenbaker stated in the press release. “Having a flexible and low cost funding instrument in place allows us to efficiently accelerate our commercialization and acquisition strategies.”
Per the agreement, Stevia Corp. may sell to Southridge up to $20 million of its common stock from time to time over a 36-month period.
The company is not obligated, but does have the right to sell stock to Southridge depending on certain conditions as set forth in the equity agreement.
For more information visit www.steviacorp.us
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Stevia Corp. president George Blankenbaker said the funding is a significant achievement that reflects Southridge’s support of Stevia Corp.’s future plans and market opportunity.
“This is an important milestone for Stevia Corp. to have accomplished. We have attracted and won the confidence of a forward-thinking institutional investor which says a lot about their conviction regarding our vision, management approach, and overall market demand,” Blankenbaker stated in the press release. “Having a flexible and low cost funding instrument in place allows us to efficiently accelerate our commercialization and acquisition strategies.”
Per the agreement, Stevia Corp. may sell to Southridge up to $20 million of its common stock from time to time over a 36-month period.
The company is not obligated, but does have the right to sell stock to Southridge depending on certain conditions as set forth in the equity agreement.
For more information visit www.steviacorp.us
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Beacon Enterprise Solutions Group, Inc. (BEAC) Awarded $2 Million in New ITS Projects with Existing Fortune 100 Clients
Beacon Enterprise Solutions Group, Inc., an emerging global leader in the design, implementation and management of high performance Information Technology Systems (“ITS”) infrastructure solutions, announced today that it has been awarded approximately $2 million in new ITS business from existing Fortune 100 clients. To accommodate these new projects, Beacon is expanding its scope of product offering to add Industrial Network Services to its suite of Enterprise services.
Beacon is also extending its fourth utility information technology systems services into the manufacturing operations of existing and future clients by formalizing ITS services to address the needs of the industrial network. Over the past ten years industrial command and control systems have seen a significant increase in the use of data networks and related Internet technologies to transfer information from the plant floor to supervisory and business computer systems. This move permits Beacon to extend its infrastructure expertise in field engineering, design, construction and management from the enterprise network onto the factory floor of both existing and future clients with global manufacturing sites.
Beacon has identified and begun initial work that will extend to more than 18 global manufacturing sites. Expanding enterprise services to include industrial networks is forecasted to add $2 million of incremental revenue for fiscal 2012. This work leverages Beacon’s existing four core business units and will utilize the same site assessment, design/build and manage approach that has been successful in the enterprise space with enterprise IT networks.
“We are excited to formally enter the industrial network arena,” stated Jerry Bowman, Beacon’s President and COO. “We’ve been watching the advances in technology in this space and see positive indicators that our clients are ready to leverage the benefits that our IT clients have enjoyed in their enterprise networks for years. Some of these analog networks were built more than 20 years ago, so the need for our services in this space is significant. By offering this service we are extending our global reach to the manufacturing floor and providing the consistent, predictable services to our clients who utilize industrial automation. In line with our business strategy, this strategy significantly reduces the number of vendors our clients need to maintain their existing and planned ITS infrastructure.”
“This move is a continuation of our commitment to remain focused on our core business, and at the same time continue to expand our suite of services,” added Bruce Widener, Beacon’s Chief Executive Officer. “Our clients have recognized that we have the expertise to help them migrate legacy factory floor systems to utilize enterprise-class IP infrastructure and networks. We like the idea of being able to address real client needs without increasing cost or risk to our company. This is another win-win offering.”
For additional information, visit the company’s website at www.AskBeacon.com
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Beacon is also extending its fourth utility information technology systems services into the manufacturing operations of existing and future clients by formalizing ITS services to address the needs of the industrial network. Over the past ten years industrial command and control systems have seen a significant increase in the use of data networks and related Internet technologies to transfer information from the plant floor to supervisory and business computer systems. This move permits Beacon to extend its infrastructure expertise in field engineering, design, construction and management from the enterprise network onto the factory floor of both existing and future clients with global manufacturing sites.
Beacon has identified and begun initial work that will extend to more than 18 global manufacturing sites. Expanding enterprise services to include industrial networks is forecasted to add $2 million of incremental revenue for fiscal 2012. This work leverages Beacon’s existing four core business units and will utilize the same site assessment, design/build and manage approach that has been successful in the enterprise space with enterprise IT networks.
“We are excited to formally enter the industrial network arena,” stated Jerry Bowman, Beacon’s President and COO. “We’ve been watching the advances in technology in this space and see positive indicators that our clients are ready to leverage the benefits that our IT clients have enjoyed in their enterprise networks for years. Some of these analog networks were built more than 20 years ago, so the need for our services in this space is significant. By offering this service we are extending our global reach to the manufacturing floor and providing the consistent, predictable services to our clients who utilize industrial automation. In line with our business strategy, this strategy significantly reduces the number of vendors our clients need to maintain their existing and planned ITS infrastructure.”
“This move is a continuation of our commitment to remain focused on our core business, and at the same time continue to expand our suite of services,” added Bruce Widener, Beacon’s Chief Executive Officer. “Our clients have recognized that we have the expertise to help them migrate legacy factory floor systems to utilize enterprise-class IP infrastructure and networks. We like the idea of being able to address real client needs without increasing cost or risk to our company. This is another win-win offering.”
For additional information, visit the company’s website at www.AskBeacon.com
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Bioheart, Inc. (BHRT) Announces Addition of Frank Young as Financial Consultant
Located in SUNRISE, Florida, Bioheart is committed to developing stem cell therapies to treat congestive heart failure, lower limb ischemia, chronic heart ischemia, acute myocardial infarctions, and other medical problems. Yesterday, Bioheart took a major step towards prominence with the announcement that industry-veteran Frank Young has joined their company as a financial consultant.
Young brings with him more than 30 years of experience launching and managing venture-backed companies in the technology and healthcare industries, and he has served as the young company’s CFO from 2003 to 2005.
Earlier in his career, Young worked as CFO with CURNA, a healthcare company known for its discovery of new therapeutic compounds. He engineered the sale of the company in fewer than two years for more than five times the invested capital. He also worked as CFO with Mitral Solutions and Hyperion. As CFO with Bioheart, Young assisted in raising more than $9.5 million from investors in addition to negotiating international manufacturing arrangements and joint ventures.
Leading the way at Bioheart is Mike Tomas whom serves as the company’s President and CEO. In reference to this press release, Tomas stated, “Frank’s entrepreneurial spirit and successful fundraising strategies, combined with his previous accomplishments at Bioheart, make him an ideal fit for Bioheart. Frank has a proven track record launching, managing and financially advising numerous companies across the healthcare industry.”
When asked his thoughts on the new position, Young stated, “I look forward to becoming an integral part of Bioheart’s financial future as it continues to develop life-saving technologies for victims of heart disease.”
Currently, Bioheart is trading in the $0.04 range. To learn more about the company as a whole, visit their corporate website at www.bioheartinc.com
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Young brings with him more than 30 years of experience launching and managing venture-backed companies in the technology and healthcare industries, and he has served as the young company’s CFO from 2003 to 2005.
Earlier in his career, Young worked as CFO with CURNA, a healthcare company known for its discovery of new therapeutic compounds. He engineered the sale of the company in fewer than two years for more than five times the invested capital. He also worked as CFO with Mitral Solutions and Hyperion. As CFO with Bioheart, Young assisted in raising more than $9.5 million from investors in addition to negotiating international manufacturing arrangements and joint ventures.
Leading the way at Bioheart is Mike Tomas whom serves as the company’s President and CEO. In reference to this press release, Tomas stated, “Frank’s entrepreneurial spirit and successful fundraising strategies, combined with his previous accomplishments at Bioheart, make him an ideal fit for Bioheart. Frank has a proven track record launching, managing and financially advising numerous companies across the healthcare industry.”
When asked his thoughts on the new position, Young stated, “I look forward to becoming an integral part of Bioheart’s financial future as it continues to develop life-saving technologies for victims of heart disease.”
Currently, Bioheart is trading in the $0.04 range. To learn more about the company as a whole, visit their corporate website at www.bioheartinc.com
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Monday, January 30, 2012
PositiveID Corp. (PSID) Obtains Certification to Access AT&T Network for Glucose Monitoring Communications
PositiveID Corp., developer of medical technologies for diabetes management, today announced that through its certification from AT&T, it now has FDA-cleared iglucose™ mobile health system access on the AT&T network.
Designed to simplify diabetes management, iglucose is the only pocket sized, FDA-cleared, mobile health device specifically developed to connect to industry leading glucometers to transmit blood glucose readings anytime, anywhere.
The device’s functionality allows individuals with diabetes to share important glucose readings with family members, caregivers, or healthcare professionals via text, e-mail, fax, or through the iglucose diabetes management portal.
To obtain certification, laboratory testing for the iglucose device was conducted in AT&T’s wireless device testing laboratory where each device went through a series of rigorous tests to ensure operational reliability and function across the entire AT&T wireless network.
“AT&T certification, which is not easily achieved, is an important confirmation of the performance and dependability of iglucose,” PositiveID chairman and CEO William J. Caragol stated in the press release. “As we continue to prepare to roll-out this mobile health system early this year through pilot programs with insurers and home-healthcare providers, AT&T certification provides us significant validation upon which our customers and partners can rely.”
For more information visit www.PositiveIDCorp.com
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Designed to simplify diabetes management, iglucose is the only pocket sized, FDA-cleared, mobile health device specifically developed to connect to industry leading glucometers to transmit blood glucose readings anytime, anywhere.
The device’s functionality allows individuals with diabetes to share important glucose readings with family members, caregivers, or healthcare professionals via text, e-mail, fax, or through the iglucose diabetes management portal.
To obtain certification, laboratory testing for the iglucose device was conducted in AT&T’s wireless device testing laboratory where each device went through a series of rigorous tests to ensure operational reliability and function across the entire AT&T wireless network.
“AT&T certification, which is not easily achieved, is an important confirmation of the performance and dependability of iglucose,” PositiveID chairman and CEO William J. Caragol stated in the press release. “As we continue to prepare to roll-out this mobile health system early this year through pilot programs with insurers and home-healthcare providers, AT&T certification provides us significant validation upon which our customers and partners can rely.”
For more information visit www.PositiveIDCorp.com
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XcelMobility Inc. (XCLL) Announces Contract with ZTE to Introduce Wireless Products to Chinese Marketplace
XcelMobility Inc., a developer of high speed web browsing solutions and related performance enhancing products for mobile devices, today announced a contract with ZTE Corp. of China to install the Mach 5 Xcelerator on an initial run of 1 million wireless devices for China Unicom, third largest mobile provider in the world. The agreement is for ZTE to help introduce Xcel products to the Chinese market; if successful, projections are for installation of up to 30 million units per year.
“This is an extraordinary opportunity to really fast-track the introduction of our products to an ever wider audience through the auspices of an exceptional global partner like ZTE. The culture at ZTE is based on innovation that responds to market drivers and this represents a tremendous opportunity for us to work with a partner with a similar outlook regarding the future of mobility. We anticipate very competitive consumer pricing and the public can expect product availability shortly,” said Ryan Ge, CEO, XcelMobility Inc in a press statement.
XcelMobility creates applications and solutions that deliver high speed internet access to cellular and smart phones, tablets, and mobile computers. Its flagship product, the Mach 5 Xcelerator, has been independently tested by some of the world’s largest cellular carriers, including Nokia, Sony, China Unicom, NTT Docomo, and Ericsson. All have found that the Mach 5 software, either through a download or embedded by cellular manufacturers, provides 5 to 10 times faster speeds than standard mobile web browsers used for browsing, downloads, videos and email. Xcel Mobility uses patented software and algorithms to compress voice and data transmissions both on mobile devices and on servers strategically located throughout China, Japan, and Hong Kong. Presently, there are over 1.3 million users and the number is growing.
Xcel believes that the Asia marketplace is the best option for focusing commercialization efforts prior to a product roll out on a global scale. ZTE Corp., China’s largest publicly listed telecom equipment company, brings the industry’s most comprehensive product range of end-to-end solutions and expertise in the telecommunications sector to over 500 operators in more than 140 countries around the globe.
For more information on XcelMobility Inc, please visit www.xcelmobility.com
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“This is an extraordinary opportunity to really fast-track the introduction of our products to an ever wider audience through the auspices of an exceptional global partner like ZTE. The culture at ZTE is based on innovation that responds to market drivers and this represents a tremendous opportunity for us to work with a partner with a similar outlook regarding the future of mobility. We anticipate very competitive consumer pricing and the public can expect product availability shortly,” said Ryan Ge, CEO, XcelMobility Inc in a press statement.
XcelMobility creates applications and solutions that deliver high speed internet access to cellular and smart phones, tablets, and mobile computers. Its flagship product, the Mach 5 Xcelerator, has been independently tested by some of the world’s largest cellular carriers, including Nokia, Sony, China Unicom, NTT Docomo, and Ericsson. All have found that the Mach 5 software, either through a download or embedded by cellular manufacturers, provides 5 to 10 times faster speeds than standard mobile web browsers used for browsing, downloads, videos and email. Xcel Mobility uses patented software and algorithms to compress voice and data transmissions both on mobile devices and on servers strategically located throughout China, Japan, and Hong Kong. Presently, there are over 1.3 million users and the number is growing.
Xcel believes that the Asia marketplace is the best option for focusing commercialization efforts prior to a product roll out on a global scale. ZTE Corp., China’s largest publicly listed telecom equipment company, brings the industry’s most comprehensive product range of end-to-end solutions and expertise in the telecommunications sector to over 500 operators in more than 140 countries around the globe.
For more information on XcelMobility Inc, please visit www.xcelmobility.com
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SoundBite Communications (SDBT) Announces Record Preliminary Fourth Quarter Financial Results
SoundBite Communications, Inc., a leading cloud communications provider and supplier of mobile marketing and contact center solutions, announced today that its preliminary unaudited fourth quarter revenue for 2011, computed according to U.S. generally accepted accounting principles (GAAP), is projected to be the highest in the company’s history – exceeding $11 million. This is a significant increase in comparison with same-quarter revenue from the previous year, which was $10.1 million. SoundBite’s GAAP operating income for the fourth quarter of 2011 has been calculated to be at least $200,000, contrasted with $50,000 in 2010.
SoundBite additionally forecasts non-GAAP operating income of at least $800,000, exceeding its previously guided range of $100,000 to $400,000. The following estimated amounts were excluded from the company’s calculations of preliminary non-GAAP operating income: stock-based compensation of $300,000 and amortization of intangibles of $300,000 associated with the company’s acquisition of SmartReply.
For the full 2011 year, SoundBite anticipates revenues of at least $41.5 million, which is a growth of 5 percent over the company’s 2010 revenues.
These fourth quarter results are based on preliminary analyses of SoundBite’s revenue and GAAP operating income; the company will release official fourth-quarter and full-year financial results on Wednesday, Feb. 22 after market close, and then discuss them at 5 p.m. EST during the scheduled conference call.
SoundBite Communications assists organizations in building lasting, gainful consumer relations through forward-looking communications. The company serves two global markets: the hosted contact center and mobile marketing. SoundBite’s solutions employ two platforms: SoundBite Engage, which is an interactive multi-channel communications platform providing customers with integrated SMS, dialer, voice messaging, Web communications and e-mail; and SoundBite Insight, which is a preference management platform that facilitates personalized, intelligent communication. Each year, SoundBite powers nearly 2 billion customers.
For further information about the company, visit www.SoundBite.com
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SoundBite additionally forecasts non-GAAP operating income of at least $800,000, exceeding its previously guided range of $100,000 to $400,000. The following estimated amounts were excluded from the company’s calculations of preliminary non-GAAP operating income: stock-based compensation of $300,000 and amortization of intangibles of $300,000 associated with the company’s acquisition of SmartReply.
For the full 2011 year, SoundBite anticipates revenues of at least $41.5 million, which is a growth of 5 percent over the company’s 2010 revenues.
These fourth quarter results are based on preliminary analyses of SoundBite’s revenue and GAAP operating income; the company will release official fourth-quarter and full-year financial results on Wednesday, Feb. 22 after market close, and then discuss them at 5 p.m. EST during the scheduled conference call.
SoundBite Communications assists organizations in building lasting, gainful consumer relations through forward-looking communications. The company serves two global markets: the hosted contact center and mobile marketing. SoundBite’s solutions employ two platforms: SoundBite Engage, which is an interactive multi-channel communications platform providing customers with integrated SMS, dialer, voice messaging, Web communications and e-mail; and SoundBite Insight, which is a preference management platform that facilitates personalized, intelligent communication. Each year, SoundBite powers nearly 2 billion customers.
For further information about the company, visit www.SoundBite.com
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Hyperdynamics Corp. (HDY) Issues Update on Financial and Operational Activity
Hyperdynamics Corp. said plans to engage in a direct offering of common stock to raise capital to continue its oil and gas exploration and development activities in Africa and other areas. The company will issue ten million shares of common stock at a price of $3.00 per share to a group of institutional investors.
Hyperdynamics will also issue associated warrants in the common stock offering. Each warrant will allow the holder to purchase one share of Hyperdynamics Corp. common stock at an exercise price of $3.50 per share. The warrants expire in 14 months and can’t be exercised until six months after the offering.
The offering is being conducted by a subsidiary of Rodman & Renshaw Capital Group, Inc., and is expected to close in early February 2012.
Hyperdynamics also announced that the company has restarted drilling on an exploration well located offshore West Africa. The Sabu-1 well is on a concession granted by the Republic of Guinea and is being drilled to a subsea depth of 3,600 meters. The well is targeting sandstone reservoirs in the upper Cretaceous zone.
For more information on the company, go to www.hyperdynamics.com
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Hyperdynamics will also issue associated warrants in the common stock offering. Each warrant will allow the holder to purchase one share of Hyperdynamics Corp. common stock at an exercise price of $3.50 per share. The warrants expire in 14 months and can’t be exercised until six months after the offering.
The offering is being conducted by a subsidiary of Rodman & Renshaw Capital Group, Inc., and is expected to close in early February 2012.
Hyperdynamics also announced that the company has restarted drilling on an exploration well located offshore West Africa. The Sabu-1 well is on a concession granted by the Republic of Guinea and is being drilled to a subsea depth of 3,600 meters. The well is targeting sandstone reservoirs in the upper Cretaceous zone.
For more information on the company, go to www.hyperdynamics.com
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Sunovia Energy Technologies, Inc. (SUNV) Video Chart for Monday, January 30, 2012
SUNV is holding a channel between $0.017 and $0.02. The indicators are mixed, but showing a possibility of a breakout, which will have technical traders looking for volume to increase and a move through the top of the channel to the next resistance at $0.024.
To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts
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L&L Energy (LLEN) to Acquire Majority Stake in Weishe Coal Mine
Through its subsidiaries, L&L Energy operates coal mines, coking, and coal washing facilities in the Yunnan and Guizhou Provinces of China. Using expertise gained in the U.S., the company is using improved mining standards in China to gain a competitive advantage.
L&L today announced that it entered into an agreement to acquire a 51% controlling interest in the Weishe coal mine located in the Guizhou Province of China from the Chinese miner Union Energy. This mine produces high quality, low sulfur anthracite coal. The company will acquire the interest for a purchase price of approximately $16.2 million to be paid in the form of three million LLEN shares at $5.395 a share.
The Weishe mine has reserves of 19 million tons of coal. It is expected to be expanded to 450,000 tons of annual production of coal over the next five years. The Weishe mine is anticipated to produce about 124,000 tons of coal in the current fiscal year, sold at an average price of $158 a ton.
This acquisition is the first such purchase made to upgrade the company’s mining portfolio for better safety and mechanization. There is a strong possibility that L&L may add to its portfolio through other joint ventures with Union Energy, which has two other newly constructed coal mines in the same area that will begin operations later this year.
For further information about L&L Energy and its coal business in China, please visit the company’s website at www.llenergyinc.com
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L&L today announced that it entered into an agreement to acquire a 51% controlling interest in the Weishe coal mine located in the Guizhou Province of China from the Chinese miner Union Energy. This mine produces high quality, low sulfur anthracite coal. The company will acquire the interest for a purchase price of approximately $16.2 million to be paid in the form of three million LLEN shares at $5.395 a share.
The Weishe mine has reserves of 19 million tons of coal. It is expected to be expanded to 450,000 tons of annual production of coal over the next five years. The Weishe mine is anticipated to produce about 124,000 tons of coal in the current fiscal year, sold at an average price of $158 a ton.
This acquisition is the first such purchase made to upgrade the company’s mining portfolio for better safety and mechanization. There is a strong possibility that L&L may add to its portfolio through other joint ventures with Union Energy, which has two other newly constructed coal mines in the same area that will begin operations later this year.
For further information about L&L Energy and its coal business in China, please visit the company’s website at www.llenergyinc.com
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Cytori Therapeutics (CYTX) Gets Green Light from FDA to Initiate Cardiac Cell Therapy Trial
Cytori Therapeutics today announced it has received Investigational Device Exemption (IDE) approval from the U.S. Food and Drug Administration to begin the ATHENA trial to investigate the use of the company’s Celution® System.
Cytori develops medical technologies to realize the potential of adult regenerative cells from fatty (adipose) tissue. The Celution® System is an innovative medical device to prepare adipose-derived stem and regenerative cells (ADRCs) to treat chronic myocardial ischemia (CMI), a form of coronary heart disease. The company sells its Celution® System family of medical devices in the European and Asian cosmetic and reconstructive surgery markets. Per today’s news, the device is available in the U.S. as an investigational advice.
“Following our pre-IDE meeting with the FDA, we received constructive guidance and implemented the Agency’s recommendations, ultimately resulting in rapid approval to initiate the ATHENA trial,” Christopher J. Calhoun, CEO for Cytori stated in the press release. “We look forward to working with the FDA on further defining our clinical strategy in the U.S.”
The ATHENA trial will enroll up to 45 patients to evaluate several clinical and functional outcomes, including safety, peak oxygen consumption (mVO2), and clinical outcomes at 12 months.
For more information visit www.cytori.com
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Cytori develops medical technologies to realize the potential of adult regenerative cells from fatty (adipose) tissue. The Celution® System is an innovative medical device to prepare adipose-derived stem and regenerative cells (ADRCs) to treat chronic myocardial ischemia (CMI), a form of coronary heart disease. The company sells its Celution® System family of medical devices in the European and Asian cosmetic and reconstructive surgery markets. Per today’s news, the device is available in the U.S. as an investigational advice.
“Following our pre-IDE meeting with the FDA, we received constructive guidance and implemented the Agency’s recommendations, ultimately resulting in rapid approval to initiate the ATHENA trial,” Christopher J. Calhoun, CEO for Cytori stated in the press release. “We look forward to working with the FDA on further defining our clinical strategy in the U.S.”
The ATHENA trial will enroll up to 45 patients to evaluate several clinical and functional outcomes, including safety, peak oxygen consumption (mVO2), and clinical outcomes at 12 months.
For more information visit www.cytori.com
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The Case for FluoroPharma Medical, Inc. (FPMI)
When FluoroPharma CEO, Thijs Spoor, recently gave a presentation summarizing the rising importance in medical diagnostics of PET technology, and the associated radiopharmaceuticals such as those developed by FluoroPharma, it brought into focus a major gap between the promise of PET and the current availability of chemical agents needed to make the promise a reality.
PET (Positron Emission Tomography) is a branch of nuclear medicine imaging that uses mildly radioactive tracer chemicals to highlight extremely subtle biological processes actively taking place at the cellular and even molecular level within the human body. As such, it represents functional scanning versus simply structural scanning. It doesn’t just show how the body looks, but what the body is doing at the most detailed level. The result is the highest contrast resolution available for internal imaging.
However, none of it works without the availability of suitable tracer chemicals which can insinuate themselves into otherwise imperceptible biological processes, making them visible to the advanced PET hardware and software. For a given targeted process, the market requires an appropriate and safe tracer chemical. Nuclear cardiologists, for example, are very anxious for new tracer agents that can be used to better identify and track processes related to heart disease. In particular, cardiology clinicians are looking for a vulnerable plaque imaging agent, a better profusion agent, and a viability agent, all of which are now part of the FluoroPharm portfolio:
• BFET – For myocardial perfusion imaging (measuring cardiovascular blood flow)
• CardioPET – For cardiac viability assessment (detecting regions of metabolic insufficiency)
• VasoPET – For inflamed atherosclerotic plaque imaging (detecting inflamed plaque)
These targeting agents can make a big difference in the treatment of heart disease, still the number one killer in the country. In the case of FluoroPharma’s VasoPET product, used for detecting inflamed plaque, which is the most unstable and dangerous type of plaque, early detection is critical, since the first symptom of such a problem is often sudden death.
Because there are still a very limited number of such tracer agents, the thousands of expensive PET scanners currently in hospitals around the country and the world are significantly under-utilized, creating a cost effectiveness issue that only more and better agents can address. In addition, the production of such agents by cyclotron operators requires a high level of fixed costs which, when spread over a handful of agents, increases the per unit cost of agents. So there is also a strong economic need for new agents to be developed.
For more information, see the company website at www.FluoroPharma.com
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PET (Positron Emission Tomography) is a branch of nuclear medicine imaging that uses mildly radioactive tracer chemicals to highlight extremely subtle biological processes actively taking place at the cellular and even molecular level within the human body. As such, it represents functional scanning versus simply structural scanning. It doesn’t just show how the body looks, but what the body is doing at the most detailed level. The result is the highest contrast resolution available for internal imaging.
However, none of it works without the availability of suitable tracer chemicals which can insinuate themselves into otherwise imperceptible biological processes, making them visible to the advanced PET hardware and software. For a given targeted process, the market requires an appropriate and safe tracer chemical. Nuclear cardiologists, for example, are very anxious for new tracer agents that can be used to better identify and track processes related to heart disease. In particular, cardiology clinicians are looking for a vulnerable plaque imaging agent, a better profusion agent, and a viability agent, all of which are now part of the FluoroPharm portfolio:
• BFET – For myocardial perfusion imaging (measuring cardiovascular blood flow)
• CardioPET – For cardiac viability assessment (detecting regions of metabolic insufficiency)
• VasoPET – For inflamed atherosclerotic plaque imaging (detecting inflamed plaque)
These targeting agents can make a big difference in the treatment of heart disease, still the number one killer in the country. In the case of FluoroPharma’s VasoPET product, used for detecting inflamed plaque, which is the most unstable and dangerous type of plaque, early detection is critical, since the first symptom of such a problem is often sudden death.
Because there are still a very limited number of such tracer agents, the thousands of expensive PET scanners currently in hospitals around the country and the world are significantly under-utilized, creating a cost effectiveness issue that only more and better agents can address. In addition, the production of such agents by cyclotron operators requires a high level of fixed costs which, when spread over a handful of agents, increases the per unit cost of agents. So there is also a strong economic need for new agents to be developed.
For more information, see the company website at www.FluoroPharma.com
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Axion Power International, Inc. (AXPW) Appoints New Senior Vice President of Sales and Marketing with 30 Years of Experience in Car Industry
Axion Power International, Inc., a developer of advanced lead carbon PbC® batteries and energy storage systems, recently announced that Vani Kumar Dantam will be the new Senior Vice President of Business Development, Sales & Marketing. Previously, Dantam was Vice President of Business Development and Sales for Ener1 in New York City. He will be moving to the New Castle area with his family to help increase sales of the PbC® technology.
“Vani has an extraordinary background, having managed projects with GM, Ford, Daimler, Detroit Diesel, Cummins, Rolls-Royce, Ferrari, Volvo, Navistar, Volkswagen, Toyota, Honda, Daewoo and Hyundai. We are extremely pleased to have him on board, and consider his joining Axion Power, and relocating to New Castle, an impressive vote of confidence in our PbC® technology and in our long range business plan. He began his employment with us this week, and will be reporting directly to me on some of the most strategically important areas of our business,” said Thomas Granville, Chairman and CEO Axion Power International in the press release announcing the new addition.
Axion is an award winning leader in the field of lead-acid batteries having developed and patented next generation energy storage devices. Industry experts praise Axion’s new PbC batteries for having the potential to revitalize the lead-acid battery industry and make them better suited for new applications like hybrid electric vehicles and renewable power.
Dantam’s appointment fits Axion’s strategy to become the leading supplier of carbon electrode assemblies for the global lead-acid battery industry. Its battery technology can be assembled on existing lead-acid battery production lines throughout the world by using their proprietary carbon electrodes. Vani Dantam has a significant pipeline of battery customers from his tenure at Ener1 and has new global customers in transportation, defense, and in grid based energy storage in development.
From 1994-2010, Dantam worked for Pendleton In-based Remy International where his role included overseeing two LBOs, an IPO, numerous overseas acquisitions, and joint ventures in Hungary, Mexico, India, Brazil, Argentina, and Japan. He also worked at the Delco Remy division of General Motors for 11 years assisting with product design for batteries, starters, alternators, and ABS systems.
Dantam is a native of India with degrees that include an MBA in Finance and International Business from Indiana University in Bloomington, an MS in Mechanical Engineering from Vanderbilt University, and a BE in Metallurgical Engineering from Babaras Hindu University in Varanasi, UP India.
For more information, please visit www.axionpower.com
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“Vani has an extraordinary background, having managed projects with GM, Ford, Daimler, Detroit Diesel, Cummins, Rolls-Royce, Ferrari, Volvo, Navistar, Volkswagen, Toyota, Honda, Daewoo and Hyundai. We are extremely pleased to have him on board, and consider his joining Axion Power, and relocating to New Castle, an impressive vote of confidence in our PbC® technology and in our long range business plan. He began his employment with us this week, and will be reporting directly to me on some of the most strategically important areas of our business,” said Thomas Granville, Chairman and CEO Axion Power International in the press release announcing the new addition.
Axion is an award winning leader in the field of lead-acid batteries having developed and patented next generation energy storage devices. Industry experts praise Axion’s new PbC batteries for having the potential to revitalize the lead-acid battery industry and make them better suited for new applications like hybrid electric vehicles and renewable power.
Dantam’s appointment fits Axion’s strategy to become the leading supplier of carbon electrode assemblies for the global lead-acid battery industry. Its battery technology can be assembled on existing lead-acid battery production lines throughout the world by using their proprietary carbon electrodes. Vani Dantam has a significant pipeline of battery customers from his tenure at Ener1 and has new global customers in transportation, defense, and in grid based energy storage in development.
From 1994-2010, Dantam worked for Pendleton In-based Remy International where his role included overseeing two LBOs, an IPO, numerous overseas acquisitions, and joint ventures in Hungary, Mexico, India, Brazil, Argentina, and Japan. He also worked at the Delco Remy division of General Motors for 11 years assisting with product design for batteries, starters, alternators, and ABS systems.
Dantam is a native of India with degrees that include an MBA in Finance and International Business from Indiana University in Bloomington, an MS in Mechanical Engineering from Vanderbilt University, and a BE in Metallurgical Engineering from Babaras Hindu University in Varanasi, UP India.
For more information, please visit www.axionpower.com
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FrogAds.com (FROG) Opens 2nd West Coast Office to Further Penetrate the U.S. Online Advertising Market
Today before the opening bell, FrogAds, Inc. announced that it has accelerated its U.S. expansion plans with the opening of a second office on the West Coast. The new office, located in Woodland Hills, California, is to serve as the central programming hub of the company and immediately follows the opening of the first East Coast office in Philadelphia.
“FrogAds.com is growing by leaps and bounds within the U.S., rapidly moving up the charts as one of the most visited websites in the country,” commented Julian Spitari, Chief Executive Officer of FrogAds.com. “As the site becomes more and more utilized as a primary destination for buying, selling and advertising in the U.S., it is essential that we create a designated office for our programmers to collaborate on new technologies for its continued enhancement.”
Spitari added, “This office, in effect, will serve as a ‘lily pad’ from our current LA headquarters where we are managing our global operational growth. We will start by staffing it with programmers.”
FrogAds also announced today that FrogAds.com’s regional traffic rank hit a new record. The website is now the 27,732nd most visited website within the United States.
For additional information, visit the company’s website at www.FrogAds.com
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“FrogAds.com is growing by leaps and bounds within the U.S., rapidly moving up the charts as one of the most visited websites in the country,” commented Julian Spitari, Chief Executive Officer of FrogAds.com. “As the site becomes more and more utilized as a primary destination for buying, selling and advertising in the U.S., it is essential that we create a designated office for our programmers to collaborate on new technologies for its continued enhancement.”
Spitari added, “This office, in effect, will serve as a ‘lily pad’ from our current LA headquarters where we are managing our global operational growth. We will start by staffing it with programmers.”
FrogAds also announced today that FrogAds.com’s regional traffic rank hit a new record. The website is now the 27,732nd most visited website within the United States.
For additional information, visit the company’s website at www.FrogAds.com
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Noble Roman’s, Inc. (NROM) Introduces Juel Tillery, Director of Franchising
Last week, franchisor Noble Roman’s, Inc. announced that Juel Tillery would be appointed to the newly created position of National Director of Franchising. Tillery comes to the position with experience in numerous pizza/assorted fast food franchises.
Indianapolis based pizza franchise Noble Roman’s is known for their pizza and breadsticks, and operates both standalone franchises as well as provides their products through convenience store locations and grocery stores. Food choices Noble Roman’s offers through its pizza restaurants and Tuscano’s Italian Style Subs locations include sandwiches, wings, pasta, and breakfast items in addition to the traditional pies.
The role Tillery will play at Noble Roman’s will be concentrating on expanding the Noble Roman’s name through distribution via convenience stores, travel plazas, and entertainment venues. Tillery will be enacting Noble Roman’s plans to open more than 100 new non-traditional locations during 2012, as well as the anticipation of adding over 500 participating grocery store distributors through the company’s Take-n-Bake Pizza program during the following year.
Tillery’s experience includes acting as the founder of MaggieMoo’s Ice Cream and the Director of Business Development for Hot Stuff Pizza, as well as working for both Pizza Inn and McDonald’s.
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Indianapolis based pizza franchise Noble Roman’s is known for their pizza and breadsticks, and operates both standalone franchises as well as provides their products through convenience store locations and grocery stores. Food choices Noble Roman’s offers through its pizza restaurants and Tuscano’s Italian Style Subs locations include sandwiches, wings, pasta, and breakfast items in addition to the traditional pies.
The role Tillery will play at Noble Roman’s will be concentrating on expanding the Noble Roman’s name through distribution via convenience stores, travel plazas, and entertainment venues. Tillery will be enacting Noble Roman’s plans to open more than 100 new non-traditional locations during 2012, as well as the anticipation of adding over 500 participating grocery store distributors through the company’s Take-n-Bake Pizza program during the following year.
Tillery’s experience includes acting as the founder of MaggieMoo’s Ice Cream and the Director of Business Development for Hot Stuff Pizza, as well as working for both Pizza Inn and McDonald’s.
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Friday, January 27, 2012
Local Corp. (LOCM) Releases Optimized, Mobile-Enabled Search Site
Today, Local Corp., a leading online local media company, announced that they have released an updated and optimized mobile-enabled version of its flagship local search site, Local.com.
The mobile site allows users to quickly and easily search for local products and services from their mobile device. Users can use the site’s geo-tracking technology to search for businesses near them based on their current physical location.
The new optimized site features a simplified user interface and “app-like” navigation, as well as an easy click-to-call function. Users can use the site to see relevant local business information, including ratings, reviews, photos, logos and maps and directions to quickly locate their desired destination.
“Consumers are accessing local information from their mobile devices more than ever before. Mobile visits represent nine percent of the total visits to Local.com, which is up nearly tenfold from a year ago,” said Mark Wallin, vice president, product, Local Corp. “The optimized version of our mobile site provides our users with a superior local search experience that they can use anytime, wherever they are.”
Overall, more than 88 million mobile subscribers accessed local content on mobile devices in September 2011, which was up 28 percent from a year ago
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The mobile site allows users to quickly and easily search for local products and services from their mobile device. Users can use the site’s geo-tracking technology to search for businesses near them based on their current physical location.
The new optimized site features a simplified user interface and “app-like” navigation, as well as an easy click-to-call function. Users can use the site to see relevant local business information, including ratings, reviews, photos, logos and maps and directions to quickly locate their desired destination.
“Consumers are accessing local information from their mobile devices more than ever before. Mobile visits represent nine percent of the total visits to Local.com, which is up nearly tenfold from a year ago,” said Mark Wallin, vice president, product, Local Corp. “The optimized version of our mobile site provides our users with a superior local search experience that they can use anytime, wherever they are.”
Overall, more than 88 million mobile subscribers accessed local content on mobile devices in September 2011, which was up 28 percent from a year ago
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Emulex (ELX) Posts Q2 Fiscal 2012 Financial and Business Results
Emulex Corp., a leading provider of converged networking solutions for the IT industry, today announced its financial results and operational achievements for its second quarter of fiscal 2012 ended January 1, 2012.
The company reported a 13 percent increase in second-quarter net revenues to $128.7 million compared to total net revenues of $114.0 million reported for second quarter fiscal 2011.
Second-quarter net income on a GAAP basis was $15.0 million, or $0.17 per diluted share, compared to a GAAP net loss of $41.0 million, or $(0.47) per share, in the second quarter of last year. Non-GAAP net income for the second quarter of fiscal 2012 was $22.6 million, or $0.26 per diluted share, a 69 percent increase from the $13.4 million reported in the comparable quarter of fiscal 2011.
GAAP operating income was $11.8 million, or 9 percent of total net revenues; non-GAAP operating income of $24.5 million represents 19 percent of total net revenues.
Emulex reported GAAP gross margins of 59 percent and non-GAAP gross margins of 63 percent.
Cash, cash equivalents and investments at the end of the second quarter were $191.7 million
“Our focus on operational excellence is reflected in our results as we once again exceeded the high-end of our revenues and earnings guidance. December was our fourth consecutive quarter of double digit year-over-year revenue growth, as we continued to drive market share gains in our core business,” CEO Jim McCluney stated in the press release. “Looking forward, we believe we are exceptionally well positioned to deliver increased shareholder value as we continue to build on this momentum.”
Second-quarter business highlights include the delivery of three new I/O connectivity solutions for HP Integrity servers; continued 10GbE market share gains for the fifth straight quarter; the announcement of the Emulex Extra Program, a major initiative to support customers and partners; and the introduction of OneCommand(R) Vision 2.0, a proactive I/O performance and availability management for cloud and virtualized data center environments.
The company also provided guidance for its third fiscal quarter ending April 1, 2012. For the third quarter of fiscal 2012, Emulex forecasts total net revenues in the range of $121 million-$125 million; non-GAAP earnings per diluted share between $0.17 and $0.19; and GAAP earnings per diluted share between $0.05 and $0.07.
For more information visit www.Emulex.com
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The company reported a 13 percent increase in second-quarter net revenues to $128.7 million compared to total net revenues of $114.0 million reported for second quarter fiscal 2011.
Second-quarter net income on a GAAP basis was $15.0 million, or $0.17 per diluted share, compared to a GAAP net loss of $41.0 million, or $(0.47) per share, in the second quarter of last year. Non-GAAP net income for the second quarter of fiscal 2012 was $22.6 million, or $0.26 per diluted share, a 69 percent increase from the $13.4 million reported in the comparable quarter of fiscal 2011.
GAAP operating income was $11.8 million, or 9 percent of total net revenues; non-GAAP operating income of $24.5 million represents 19 percent of total net revenues.
Emulex reported GAAP gross margins of 59 percent and non-GAAP gross margins of 63 percent.
Cash, cash equivalents and investments at the end of the second quarter were $191.7 million
“Our focus on operational excellence is reflected in our results as we once again exceeded the high-end of our revenues and earnings guidance. December was our fourth consecutive quarter of double digit year-over-year revenue growth, as we continued to drive market share gains in our core business,” CEO Jim McCluney stated in the press release. “Looking forward, we believe we are exceptionally well positioned to deliver increased shareholder value as we continue to build on this momentum.”
Second-quarter business highlights include the delivery of three new I/O connectivity solutions for HP Integrity servers; continued 10GbE market share gains for the fifth straight quarter; the announcement of the Emulex Extra Program, a major initiative to support customers and partners; and the introduction of OneCommand(R) Vision 2.0, a proactive I/O performance and availability management for cloud and virtualized data center environments.
The company also provided guidance for its third fiscal quarter ending April 1, 2012. For the third quarter of fiscal 2012, Emulex forecasts total net revenues in the range of $121 million-$125 million; non-GAAP earnings per diluted share between $0.17 and $0.19; and GAAP earnings per diluted share between $0.05 and $0.07.
For more information visit www.Emulex.com
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Ranger Gold Corp. (RNGC) Closes $300k Private Placement; Readies to Start Drilling at Truman Site in Mineral County, Nevada
Today, Ranger Gold, the Nevada-focused gold developer employing a strategy that emphasizes low-cost assets in proven regions, reported closing a non-brokered $300k private placement structured as 2M shares of common stock (issued price of $0.15/share).
President of RNGC, Gary Basrai, explained that this financing would be employed initiating the Company’s drilling program at the 1,080-acre (91 unpatented lode claims) Truman Project in Nevada’s prolific Mineral County. Basrai pointed to the Board-approved budget for drilling operations and indicated that sufficient budgeting for the drilling of eight holes at key points within the fifteen permitted sites at Truman was in place.
The Company intends to wait until late April or June, when more favorable conditions exist, in order to commence drilling as this will maximize operational efficiency at Truman.
Truman makes a nice counterpart in the Company’s acreage position to RNGC’s other main site, the 1,480-acre CX Project over in Nye County, NV that is characterized by the large caldera margin in which the sites resides, proximal to other multi-million ounce discoveries (just 12 miles east of the 9M ounce Round Mountain Mine). The Truman Project is right near the middle of the legendary Walker Lane Belt that hosted such deposits as the Goldfield (5.9M oz) and Comstock (8.4M oz Au, 193.5M oz Ag).
Truman’s ultimate target is a bulk mineable Borealis type (hallmark mineralization of the Walker – basically, micron-sized gold permeating a pyritic, silicified pyroclastic mass – the region is characterized by multiple coalescing hydrothermal centers) of gold/silver deposit which has been defined in previous exploration. The eight epithermal targets indentified consist of high-grade gold and silver in veins and lower-grade gold concentrations that are bulk minable.
Analysis of extant data on geology and alteration, including data on some 67 drill holes, 300 soil samples and over 700 rock chip samples, combine to offer a tantalizing portrait of the untapped potential at Truman. A huge opportunity exists at Truman and RNGC is dedicated to running with the financing after the key targets, including the:
Panorama Area – reports detailing 30opt plus artisanal hand development in the 1900’s and silver-rich breccia samples contained 7-20 foot widths grading from 1.1-9.5 opt Ag
Breccia Ridge – jasperoid breccia just North of Panorama running along an easterly fault zone, some 50-feet wide and area sampling returned an average of 0.015 opt Au
Range Front – East of Panorama, extant drilling from the 80’s indicates values of 0.06-0.02 opt Au at 20-60 foot grading and 60-foot grading of 0.018 in a separate drilling analysis also in the 80’s
Jasperoid Ridge – NE of Range Front are two major adits, underground sampling/mapping indicate Au values in the 0.015 -0.05 opt range over widths from 10-60 feet
Hound Dog – multiple structural zones marked by silicification/argillization, grab sampling from extant workings indicate 0.07-0.56 opt Au with significant silver quantity and underground/surface chip sampling offered values of 0.017-0.022 opt over 10-20 foot grading
For more information on the financing announcement, or for more information on Ranger Gold Corp., visit the Company’s website at www.rangergoldcorp.com
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President of RNGC, Gary Basrai, explained that this financing would be employed initiating the Company’s drilling program at the 1,080-acre (91 unpatented lode claims) Truman Project in Nevada’s prolific Mineral County. Basrai pointed to the Board-approved budget for drilling operations and indicated that sufficient budgeting for the drilling of eight holes at key points within the fifteen permitted sites at Truman was in place.
The Company intends to wait until late April or June, when more favorable conditions exist, in order to commence drilling as this will maximize operational efficiency at Truman.
Truman makes a nice counterpart in the Company’s acreage position to RNGC’s other main site, the 1,480-acre CX Project over in Nye County, NV that is characterized by the large caldera margin in which the sites resides, proximal to other multi-million ounce discoveries (just 12 miles east of the 9M ounce Round Mountain Mine). The Truman Project is right near the middle of the legendary Walker Lane Belt that hosted such deposits as the Goldfield (5.9M oz) and Comstock (8.4M oz Au, 193.5M oz Ag).
Truman’s ultimate target is a bulk mineable Borealis type (hallmark mineralization of the Walker – basically, micron-sized gold permeating a pyritic, silicified pyroclastic mass – the region is characterized by multiple coalescing hydrothermal centers) of gold/silver deposit which has been defined in previous exploration. The eight epithermal targets indentified consist of high-grade gold and silver in veins and lower-grade gold concentrations that are bulk minable.
Analysis of extant data on geology and alteration, including data on some 67 drill holes, 300 soil samples and over 700 rock chip samples, combine to offer a tantalizing portrait of the untapped potential at Truman. A huge opportunity exists at Truman and RNGC is dedicated to running with the financing after the key targets, including the:
Panorama Area – reports detailing 30opt plus artisanal hand development in the 1900’s and silver-rich breccia samples contained 7-20 foot widths grading from 1.1-9.5 opt Ag
Breccia Ridge – jasperoid breccia just North of Panorama running along an easterly fault zone, some 50-feet wide and area sampling returned an average of 0.015 opt Au
Range Front – East of Panorama, extant drilling from the 80’s indicates values of 0.06-0.02 opt Au at 20-60 foot grading and 60-foot grading of 0.018 in a separate drilling analysis also in the 80’s
Jasperoid Ridge – NE of Range Front are two major adits, underground sampling/mapping indicate Au values in the 0.015 -0.05 opt range over widths from 10-60 feet
Hound Dog – multiple structural zones marked by silicification/argillization, grab sampling from extant workings indicate 0.07-0.56 opt Au with significant silver quantity and underground/surface chip sampling offered values of 0.017-0.022 opt over 10-20 foot grading
For more information on the financing announcement, or for more information on Ranger Gold Corp., visit the Company’s website at www.rangergoldcorp.com
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Onyx Service and Solutions, Inc. (ONYX) Signs MOU to Acquire 25 percent of China-Based Optimum Solar
Onyx Service and Solutions, Inc., a for-profit corporation specializing in alternative energy solutions, announced today its execution of a Memorandum of Understanding agreement (MOU) to acquire 25 percent of Optimum Solar, a Hong Kong corporation specializing in the development of solar products and solutions. The terms of the acquisition will be settled following a due diligence review conducted by Onyx regarding Optimum’s future valuations and current operations. Onyx anticipates closing the acquisition within a period of several weeks, as the MOU terms allow for a short due diligence period.
Onyx projects that the acquisition of this stake in Optimum will provide access to some of the solar industry’s best engineering and manufacturing expertise. The combined resources of Onyx and Optimum will also enable acceleration of the two companies’ co-developed “Plug-N-Play” all-in-one solar panel system, which has been generating sales inquiries from all over the world. For further information about the “Plug-N-Play” system, visit onyxservice.com/plug-n-play-solar-panels.html.
Onyx Service and Solutions specializes in the acquisition, development and marketing of the most financially and technologically promising energy solutions available on the market. The company’s goal is manifesting cutting-edge energy technology, products, manufacturing advances, and construction projects to enable Onyx’s effective competition in the global energy marketplace.
For further information about Onyx Service and Solutions, visit www.OnyxService.com
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Onyx projects that the acquisition of this stake in Optimum will provide access to some of the solar industry’s best engineering and manufacturing expertise. The combined resources of Onyx and Optimum will also enable acceleration of the two companies’ co-developed “Plug-N-Play” all-in-one solar panel system, which has been generating sales inquiries from all over the world. For further information about the “Plug-N-Play” system, visit onyxservice.com/plug-n-play-solar-panels.html.
Onyx Service and Solutions specializes in the acquisition, development and marketing of the most financially and technologically promising energy solutions available on the market. The company’s goal is manifesting cutting-edge energy technology, products, manufacturing advances, and construction projects to enable Onyx’s effective competition in the global energy marketplace.
For further information about Onyx Service and Solutions, visit www.OnyxService.com
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Why You Should Never Use Budget Conferencing (BudgetConferencing.com)
If you are a LOYAL, long-time user of Budget Conferencing (BudgetConferencing.com) and pay on time, but request a better rate, you can expect to get slapped in the face with a BS rate that is more than the going conference rate. If you want to setup a call using Budget Conferencing (BudgetConferencing.com), you will have to call weeks in advance as customer service as NOT their strong point. If you want the worst competitive pricing, try Budget Conferencing (BudgetConferencing.com) for yourself. We have moved on and CANCELLED our account. Share your horror stores at Editor@QualityStocks.net.
This message has been sent to our customers and posted via our social network. Budget Conferencing (BudgetConferencing.com) already lost one customer today, but the web will cause them to lose a lot more.
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TeleCommunication Systems, Inc. (TSYS) Video Chart for Friday, January 27, 2012
TSYS is up mildly this the week after the stock held support at $2.25 again. Technical traders will be watching that support level and for a continued shift in momentum and trend indicators towards bullishness.
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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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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The Staggering Reality of Today’s U.S. Debt
To the everyday person, a trillion is just a number, but what does it look like?
One Hundred Dollars
$100 – Most counterfeited money denomination in the world. Keeps the world moving.
Ten Thousand Dollars
$10,000 – Enough for a great vacation or to buy a used car. Approximately one year of work for the average human on earth.
One Million Dollars
$1,000,000 – Not as big of a pile as you thought, huh? Still this is 92 years of work for the average human on earth.
One Hundred Million Dollars
$100,000,000 – Plenty to go around for everyone. Fits nicely on an ISO / Military standard sized pallet.
One Billion Dollars
$1,000,000,000 – You will need some help when robbing the bank. Now we are getting serious!
One Trillion Dollars
$1,000,000,000,000 – when the U.S government speaks about a 1.7 trillion deficit – this is the volumes of cash the U.S. Government borrowed in 2010 to run itself.
Keep in mind it is double stacked pallets of $100 million dollars each, full of $100 dollar bills. You are going to need a lot of trucks to freight this around.
One Trillion Dollars – another perspective
Comparison of $1,000,000,000,000 dollars to a standard-sized American Football field and European Football field.
Say hello to the Boeing 747-400 transcontinental airliner that’s hiding on the right. This was until recently the biggest passenger plane in the world.
15 Trillion Dollars
$15,000,000,000,000 – The US national debt (credit bill) is currently approximately $15.3 trillion.
Statue of Liberty seems rather worried as United States national debt passes 20% of the entire world’s combined GDP (Gross Domestic Product).
114.5 Trillion Dollars
$114,500,000,000,000. – US unfunded liabilities
To the right you can see the pillar of $100 bills that dwarfs the WTC & Empire State Building – both at one point world’s tallest buildings. If you look carefully you can see the Statue of Liberty.
The 114.5 Trillion dollar super-skyscraper is the amount of money the U.S. Government knows it does not have to fully fund the Medicare, Medicare Prescription Drug Programme, Social Security, Military and civil servant pensions.
The unfunded liability is calculated on current tax and funding inputs, and future demographic shifts in US Population.
Source: Federal Reserve & www.USdebtclock.org – visit the Web site to see the debt in real time and get a better grasp of this amazing number.
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One Hundred Dollars
$100 – Most counterfeited money denomination in the world. Keeps the world moving.
Ten Thousand Dollars
$10,000 – Enough for a great vacation or to buy a used car. Approximately one year of work for the average human on earth.
One Million Dollars
$1,000,000 – Not as big of a pile as you thought, huh? Still this is 92 years of work for the average human on earth.
One Hundred Million Dollars
$100,000,000 – Plenty to go around for everyone. Fits nicely on an ISO / Military standard sized pallet.
One Billion Dollars
$1,000,000,000 – You will need some help when robbing the bank. Now we are getting serious!
One Trillion Dollars
$1,000,000,000,000 – when the U.S government speaks about a 1.7 trillion deficit – this is the volumes of cash the U.S. Government borrowed in 2010 to run itself.
Keep in mind it is double stacked pallets of $100 million dollars each, full of $100 dollar bills. You are going to need a lot of trucks to freight this around.
One Trillion Dollars – another perspective
Comparison of $1,000,000,000,000 dollars to a standard-sized American Football field and European Football field.
Say hello to the Boeing 747-400 transcontinental airliner that’s hiding on the right. This was until recently the biggest passenger plane in the world.
15 Trillion Dollars
$15,000,000,000,000 – The US national debt (credit bill) is currently approximately $15.3 trillion.
Statue of Liberty seems rather worried as United States national debt passes 20% of the entire world’s combined GDP (Gross Domestic Product).
114.5 Trillion Dollars
$114,500,000,000,000. – US unfunded liabilities
To the right you can see the pillar of $100 bills that dwarfs the WTC & Empire State Building – both at one point world’s tallest buildings. If you look carefully you can see the Statue of Liberty.
The 114.5 Trillion dollar super-skyscraper is the amount of money the U.S. Government knows it does not have to fully fund the Medicare, Medicare Prescription Drug Programme, Social Security, Military and civil servant pensions.
The unfunded liability is calculated on current tax and funding inputs, and future demographic shifts in US Population.
Source: Federal Reserve & www.USdebtclock.org – visit the Web site to see the debt in real time and get a better grasp of this amazing number.
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Fortuna Silver Mines, Inc. (FSM) Releases 2011 Operational Summary
Fortuna Silver Mines, Inc. reported an operational summary on the company’s mining activities in 2011. The summary covers the company’s activities at the San Jose Mine in Mexico and the Caylloma Mine in Peru.
Fortuna Silver Mines reported production of 2.5 million ounces of silver and 7,000 ounces of gold in 2011. This production represented growth of 31% and 174%, respectively, over 2010 production levels. The company also produced 19.7 million pounds of lead and 23.4 million pounds of zinc.
In 2012, Fortuna Silver Mines expects production to reach 3.7 million ounces of silver and 17,400 ounces of gold. This would be the sixth consecutive year of production growth for the company.
The San Jose Mine in Mexico started production in September 2011and can process 1000 tons per day of ore. The company plans to increase capacity here in 2012 to 1.5 million tons per day. Fortuna Silver Mines estimates that this mine will produce 1.7 million ounces of silver and 15,000 ounces of gold in 2012.
Fortuna Silver Mines estimates that the Caylloma Mine in Peru will produce 2 million ounces of silver in 2012, along with associated levels of gold, lead and zinc. The company also plans extensive exploration efforts here in 2012, including 24,000 meters of drilling targeting various silver deposits.
For more information on the company, go to www.fortunasilver.com
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Fortuna Silver Mines reported production of 2.5 million ounces of silver and 7,000 ounces of gold in 2011. This production represented growth of 31% and 174%, respectively, over 2010 production levels. The company also produced 19.7 million pounds of lead and 23.4 million pounds of zinc.
In 2012, Fortuna Silver Mines expects production to reach 3.7 million ounces of silver and 17,400 ounces of gold. This would be the sixth consecutive year of production growth for the company.
The San Jose Mine in Mexico started production in September 2011and can process 1000 tons per day of ore. The company plans to increase capacity here in 2012 to 1.5 million tons per day. Fortuna Silver Mines estimates that this mine will produce 1.7 million ounces of silver and 15,000 ounces of gold in 2012.
Fortuna Silver Mines estimates that the Caylloma Mine in Peru will produce 2 million ounces of silver in 2012, along with associated levels of gold, lead and zinc. The company also plans extensive exploration efforts here in 2012, including 24,000 meters of drilling targeting various silver deposits.
For more information on the company, go to www.fortunasilver.com
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ThermoEnergy Corp. (TMEN) Anticipates Strong Demand for Clean Combustion Technology as Result of Tough New EPA Rules for Coal- Fired Power Plant...
ThermoEnergy Corp. (TMEN) Anticipates Strong Demand for Clean Combustion Technology as Result of Tough New EPA Rules for Coal- Fired Power Plant Emissions
ThermoEnergy Corp., a technology company engaged in the development and sale of wastewater recovery and power generation technologies in global markets, announced new opportunities for its patented clean combustion technology due to new tough rules finalized by the U.S. Environmental Protection Agency for coal-fired power plant emissions. Once it is commercialized, ThermoEnergy’s technology will allow power plants to burn coal with near-zero emissions.
ThermoEnergy has worked for two decades to develop sustainable water treatment and clean energy technologies designed to help its clients operate more efficiently, save money and reduce their carbon footprint. Its clean combustion technology, ZEBS, allows power producers and manufacturers currently relying on conventional fossil fuel to switch to a cheaper energy source while emitting almost no emissions. The company is working on the commercialization of the ZEBS clean combustion technology in a joint venture with Babcock Power Inc.
“The Company’s patented technology for the electric utility industry holds the promise of eliminating harmful air emissions, while capturing nearly 100% of the carbon dioxide. ThermoEnergy sees a tremendous opportunity ahead, thanks to our proprietary technology and the timing of the stringent new EPA rules,” said Cary Bullock, ThermoEnergy’s President and CEO, in a press statement. “Early targets for ThermoEnergy’s technology would be existing power plants where a boiler replacement could be done at a fraction of the cost of building a new plant using conventional technology.”
The new ZEBS process produces electricity and liquid CO2 from coal and potentially other energy resources without emitting toxic pollutants into the air. The key difference between this approach and present methods is the use of pressurization. Benefits of operating an entire plant at high pressurization include the ability to use higher-heating values in coal or other carbon fuels and the capturing of the CO2 in the flue gas in liquid form with nothing escaping in the air. This process can be used in new power plant construction or as a way to repower existing fossil fuel power plants.
By 2016, the electric utility industry is expected to invest more than $10 billion to install scrubber systems to reduce the emissions of NOx, SOx, mercury, and particulates, in addition to carbon dioxide, according to ThermoEnergy’s president.
For more information, please visit www.thermoenergy.com
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ThermoEnergy Corp., a technology company engaged in the development and sale of wastewater recovery and power generation technologies in global markets, announced new opportunities for its patented clean combustion technology due to new tough rules finalized by the U.S. Environmental Protection Agency for coal-fired power plant emissions. Once it is commercialized, ThermoEnergy’s technology will allow power plants to burn coal with near-zero emissions.
ThermoEnergy has worked for two decades to develop sustainable water treatment and clean energy technologies designed to help its clients operate more efficiently, save money and reduce their carbon footprint. Its clean combustion technology, ZEBS, allows power producers and manufacturers currently relying on conventional fossil fuel to switch to a cheaper energy source while emitting almost no emissions. The company is working on the commercialization of the ZEBS clean combustion technology in a joint venture with Babcock Power Inc.
“The Company’s patented technology for the electric utility industry holds the promise of eliminating harmful air emissions, while capturing nearly 100% of the carbon dioxide. ThermoEnergy sees a tremendous opportunity ahead, thanks to our proprietary technology and the timing of the stringent new EPA rules,” said Cary Bullock, ThermoEnergy’s President and CEO, in a press statement. “Early targets for ThermoEnergy’s technology would be existing power plants where a boiler replacement could be done at a fraction of the cost of building a new plant using conventional technology.”
The new ZEBS process produces electricity and liquid CO2 from coal and potentially other energy resources without emitting toxic pollutants into the air. The key difference between this approach and present methods is the use of pressurization. Benefits of operating an entire plant at high pressurization include the ability to use higher-heating values in coal or other carbon fuels and the capturing of the CO2 in the flue gas in liquid form with nothing escaping in the air. This process can be used in new power plant construction or as a way to repower existing fossil fuel power plants.
By 2016, the electric utility industry is expected to invest more than $10 billion to install scrubber systems to reduce the emissions of NOx, SOx, mercury, and particulates, in addition to carbon dioxide, according to ThermoEnergy’s president.
For more information, please visit www.thermoenergy.com
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Canadian Solar, Inc. (CSIQ) Announces Agreement with Al Fahad Group for Significant Solar PV Project in Abu...
Canadian Solar, Inc. (CSIQ) Announces Agreement with Al Fahad Group for Significant Solar PV Project in Abu Dhabi
Canadian Solar, Inc. recently announced that it has forged an agreement with the Al Fahad Group. Canadian Solar, one of the largest solar companies in the world, will begin supplying more than 1.5 MW of its solar modules to the Al Fahad Group under the new agreement. The Al Fahad Group is a diversified conglomerate with proficiency in homeland security, defense & intelligence, networking & communications, and power. Al Fahad delivers tailored, end-to-end solutions to clients across a broad spectrum of industries and government agencies.
Canadian Solar’s CS5A-M solar modules will be used in one of the largest solar PV projects in Abu Dhabi, which is being spearheaded by the Al Fahad Group. This governmental venture was agreed upon during the recent World Future Energy Summit (WFES) in Abu Dhabi. Canadian Solar’s CS5A-M modules are ideally settled for the challenging local climate conditions in Abu Dhabi, and it was this factor, coupled with Canadian Solar’s track record of reliability, high quality and proven performance, that led the Al Fahad Group to select Canadian Solar for the project.
Together with the Al Fahad Group, Canadian Solar will further build its presence in the Middle East market for sustainable energy solutions, tapping into the great potential in the Middle East – particularly in the United Arab Emirates – for the developing solar market. The government’s commitment and financial system, coupled with forward thinking key proponents like the Al Fahad Group, make the Middle East a prime location for developing renewable energies like solar.
Canadian Solar is a leading vertically integrated supplier of ingot, wafer, solar cell, solar module and other solar applications, and the company specializes in designing, manufacturing and delivering solar products and solar system solutions to both on-grid and off-grid customers across the globe. Canadian Solar provides environmentally friendly and cost-effective premium solar solutions to foster worldwide, sustainable development.
For further information about the company, visit www.candiansolar.com
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Canadian Solar, Inc. recently announced that it has forged an agreement with the Al Fahad Group. Canadian Solar, one of the largest solar companies in the world, will begin supplying more than 1.5 MW of its solar modules to the Al Fahad Group under the new agreement. The Al Fahad Group is a diversified conglomerate with proficiency in homeland security, defense & intelligence, networking & communications, and power. Al Fahad delivers tailored, end-to-end solutions to clients across a broad spectrum of industries and government agencies.
Canadian Solar’s CS5A-M solar modules will be used in one of the largest solar PV projects in Abu Dhabi, which is being spearheaded by the Al Fahad Group. This governmental venture was agreed upon during the recent World Future Energy Summit (WFES) in Abu Dhabi. Canadian Solar’s CS5A-M modules are ideally settled for the challenging local climate conditions in Abu Dhabi, and it was this factor, coupled with Canadian Solar’s track record of reliability, high quality and proven performance, that led the Al Fahad Group to select Canadian Solar for the project.
Together with the Al Fahad Group, Canadian Solar will further build its presence in the Middle East market for sustainable energy solutions, tapping into the great potential in the Middle East – particularly in the United Arab Emirates – for the developing solar market. The government’s commitment and financial system, coupled with forward thinking key proponents like the Al Fahad Group, make the Middle East a prime location for developing renewable energies like solar.
Canadian Solar is a leading vertically integrated supplier of ingot, wafer, solar cell, solar module and other solar applications, and the company specializes in designing, manufacturing and delivering solar products and solar system solutions to both on-grid and off-grid customers across the globe. Canadian Solar provides environmentally friendly and cost-effective premium solar solutions to foster worldwide, sustainable development.
For further information about the company, visit www.candiansolar.com
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Thursday, January 26, 2012
Digirad Corp. (DRAD) Garners CE Mark Approval for its Cardius® X-ACT Imaging System
Digirad, a leading supplier of diagnostic imaging products and personnel and equipment leasing services, announced that it has been granted Conformitee Europeene (CE) Mark approval for the Cardius® X-ACT imaging system. This advanced, solid-state camera system makes earlier disease detection possible through increased diagnostic accuracy. Obtaining CE Mark approval will enable Digirad to manufacture and market the Cardius X-ACT system in the European Union.
Digirad additionally announced that it has signed a distribution agreement with Epsilon Elektronik, a Turkish company that is part of the Istanbul-based Bozlu Group. This agreement is part of Digirad’s strategy to build out a targeted international selling network. Digirad signed a similar agreement last year with Southern Scientific, a UK-based company that is already implementing the use of an ergo™ portable solid-state camera at the Manchester Royal Infirmary.
Part of Digirad’s international growth strategy is to build a network of top distributors in targeted markets, where the demand for flexible imaging products like the X-ACT is steadily growing. The company projects that the flexibility, lower overall costs and potential for improved clinical outcomes will make its expanding line of camera products attractive in the international market. Securing other distribution agreements will be key in Digirad’s endeavor to more meaningfully tap into burgeoning markets for dedicated cardiac and portable nuclear imaging.
The Cardius X-ACT imaging system considerably reduces artifacts in images caused by overlying tissues. This is accomplished through X-ACT’s low-dose volume-computed tomography attenuation correction system. Digirad anticipates that its X-ACT imaging system, ergo™ flexible imaging camera and future camera models will be well received in the international market, providing new clinical information that will increase the benefit of nuclear cardiology procedures, raise industry standards for SPECT system performance and improve outcomes at an accessible price point.
Digirad previously received FDA clearance to market the Cardius X-ACT imaging system in the United States and also obtained CE Mark and FDA clearance to market the ergo portable solid-state camera.
For further information about the company, visit www.digirad.com
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Digirad additionally announced that it has signed a distribution agreement with Epsilon Elektronik, a Turkish company that is part of the Istanbul-based Bozlu Group. This agreement is part of Digirad’s strategy to build out a targeted international selling network. Digirad signed a similar agreement last year with Southern Scientific, a UK-based company that is already implementing the use of an ergo™ portable solid-state camera at the Manchester Royal Infirmary.
Part of Digirad’s international growth strategy is to build a network of top distributors in targeted markets, where the demand for flexible imaging products like the X-ACT is steadily growing. The company projects that the flexibility, lower overall costs and potential for improved clinical outcomes will make its expanding line of camera products attractive in the international market. Securing other distribution agreements will be key in Digirad’s endeavor to more meaningfully tap into burgeoning markets for dedicated cardiac and portable nuclear imaging.
The Cardius X-ACT imaging system considerably reduces artifacts in images caused by overlying tissues. This is accomplished through X-ACT’s low-dose volume-computed tomography attenuation correction system. Digirad anticipates that its X-ACT imaging system, ergo™ flexible imaging camera and future camera models will be well received in the international market, providing new clinical information that will increase the benefit of nuclear cardiology procedures, raise industry standards for SPECT system performance and improve outcomes at an accessible price point.
Digirad previously received FDA clearance to market the Cardius X-ACT imaging system in the United States and also obtained CE Mark and FDA clearance to market the ergo portable solid-state camera.
For further information about the company, visit www.digirad.com
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Elevate, Inc. (ELEV) Reports Expansion for 2012
Yesterday, Elevate, Inc. announced their summary of financial results for its fiscal 2012 second quarter ended November 30, 2011. The company posted impressive growth during the last quarter and detailed strategies that helped to achieve said growth.
Based in San Clemente, CA, Elevate is focused on providing a one-stop experience for communications services, such as voice, data, video, mobile and security; as well as services such as smart home and broadband technology. The company also boasts a customer service team, called Certifiable Genius, that operates in a customer’s local area rather than being outsourced to other countries.
Elevate reported that the company experienced a 100% revenue growth from Q1 and a 198% growth over the previous year’s Q2, while unit sales were up approximately 800% over the previous quarter. Elevate was able to decrease operating costs by 16% during this same period. The company reported seeing a growth in both customer referrals and job applicants that was so severe, call centers in Utah and California were opened to process the backlog.
Wright Thurston, Elevate CEO, stated, “September through November is traditionally very slow in the direct sales space, particularly among those who compete with our smart home suite of products. However, we’ve had a great quarter, and I think it’s because we have been smart about how we expended our resources. We leveraged the viral growth of our referral model and our recently launched telesales division to achieve sales growth without massive staffing, and we negotiated more favorable terms with suppliers and other key partners to drive greater revenue per sale.”
Rod Place, Elevate COO, said, “Many of our competitors were wrapping up sales operations for the season, scaling down their workforce, and going into hibernation until recruiting would begin the following spring. We saw an opportunity to push our business forward when everybody else was taking a break.”
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Based in San Clemente, CA, Elevate is focused on providing a one-stop experience for communications services, such as voice, data, video, mobile and security; as well as services such as smart home and broadband technology. The company also boasts a customer service team, called Certifiable Genius, that operates in a customer’s local area rather than being outsourced to other countries.
Elevate reported that the company experienced a 100% revenue growth from Q1 and a 198% growth over the previous year’s Q2, while unit sales were up approximately 800% over the previous quarter. Elevate was able to decrease operating costs by 16% during this same period. The company reported seeing a growth in both customer referrals and job applicants that was so severe, call centers in Utah and California were opened to process the backlog.
Wright Thurston, Elevate CEO, stated, “September through November is traditionally very slow in the direct sales space, particularly among those who compete with our smart home suite of products. However, we’ve had a great quarter, and I think it’s because we have been smart about how we expended our resources. We leveraged the viral growth of our referral model and our recently launched telesales division to achieve sales growth without massive staffing, and we negotiated more favorable terms with suppliers and other key partners to drive greater revenue per sale.”
Rod Place, Elevate COO, said, “Many of our competitors were wrapping up sales operations for the season, scaling down their workforce, and going into hibernation until recruiting would begin the following spring. We saw an opportunity to push our business forward when everybody else was taking a break.”
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Hondo Minerals (HMNC) Acknowledges Increasing Interest in Proprietary Processing Technology, Notes Subsequent Game Plan
Hondo Minerals Corp., a company engaged in the acquisition of mines, mining claims and mining real estate in the United States, Canada and Mexico, today announced that in response to numerous inquiries regarding use of its proprietary processing technology, it will begin exploring avenues to globally extend its market reach.
Hondo’s processing techniques include the company’s patent-pending E-Leach process, which leaches minerals using electrolyzed water rather than hazardous chemicals. By replacing harsh chemicals like cyanide and certain acids with safer low pH water, the company’s process allows for the leaching of metals such as gold, silver, lead, zinc, copper and rare earths.
The process not only extracts minerals more effectively and efficiently at a lower production cost, it also reduces the environmental impact of mining.
“This process technology is a real game-changer for us and potentially for the mining industry. The future of Hondo is more than just the metals we will extract from the Tennessee Mine resources. By utilizing our process that uses no chemicals harsher than you might find in a salt water swimming pool, we have an opportunity to change the way mining relates to the environment. We intend to seek business opportunities that will create revenue and ultimately increase our shareholder value,” William Miertschin, CEO of Hondo Minerals stated in the press release.
For more information, visit www.Hondominerals.com
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Hondo’s processing techniques include the company’s patent-pending E-Leach process, which leaches minerals using electrolyzed water rather than hazardous chemicals. By replacing harsh chemicals like cyanide and certain acids with safer low pH water, the company’s process allows for the leaching of metals such as gold, silver, lead, zinc, copper and rare earths.
The process not only extracts minerals more effectively and efficiently at a lower production cost, it also reduces the environmental impact of mining.
“This process technology is a real game-changer for us and potentially for the mining industry. The future of Hondo is more than just the metals we will extract from the Tennessee Mine resources. By utilizing our process that uses no chemicals harsher than you might find in a salt water swimming pool, we have an opportunity to change the way mining relates to the environment. We intend to seek business opportunities that will create revenue and ultimately increase our shareholder value,” William Miertschin, CEO of Hondo Minerals stated in the press release.
For more information, visit www.Hondominerals.com
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SMTP (SMTP) Announces Strategy to Extend Market Reach to Target “Burgeoning” European Market
SMTP Inc., a leading provider of cloud-based e-mail deliverability services, today announced its plans to expand across Western Europe with guidance from Jorge Casas, the company’s newly appointed director of Business Development and Customer Service.
“Our strategy reflects the direction and globalization of the marketplace, and reinforces our position as a leading Micro Multinational enterprise,” Semyon Dukach, CEO of SMTP stated in the press release. “We operate today in a global business community, where technology and communications empowers organizations like SMTP to thrive by virtually transcending national borders.”
SMTP currently works with more than 10,000 customers in 150 countries, and recently reported a 70 percent increase in net revenue for the third quarter of 2011. The company reports that it recognizes increasing opportunity for its deliverability services overseas, which supports estimates that the global market for commercial e-mail is more than $60 billion in sales.
Industry analysts say approximately 15 percent of e-mail is undelivered in Europe, and that marketers targeting this area must advance their e-mail marketing programs to succeed.
“The largest component to Internet e-mail marketing investment is in effective delivery, which is the core element of our service offering,” Dukach stated. “Our 24/7, global support team is available to customers worldwide to help them navigate the myriad intricacies of high-volume and transactional e-mail delivery.”
Casas’ previously served as multilingual customer service and export supervisor for Prestolite Electric LTD from 2009 to 2012, where he was the company’s interface for all customer service-related matters serving France, Southern Europe and Maghreb.
For more information, visit www.smtp.com
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“Our strategy reflects the direction and globalization of the marketplace, and reinforces our position as a leading Micro Multinational enterprise,” Semyon Dukach, CEO of SMTP stated in the press release. “We operate today in a global business community, where technology and communications empowers organizations like SMTP to thrive by virtually transcending national borders.”
SMTP currently works with more than 10,000 customers in 150 countries, and recently reported a 70 percent increase in net revenue for the third quarter of 2011. The company reports that it recognizes increasing opportunity for its deliverability services overseas, which supports estimates that the global market for commercial e-mail is more than $60 billion in sales.
Industry analysts say approximately 15 percent of e-mail is undelivered in Europe, and that marketers targeting this area must advance their e-mail marketing programs to succeed.
“The largest component to Internet e-mail marketing investment is in effective delivery, which is the core element of our service offering,” Dukach stated. “Our 24/7, global support team is available to customers worldwide to help them navigate the myriad intricacies of high-volume and transactional e-mail delivery.”
Casas’ previously served as multilingual customer service and export supervisor for Prestolite Electric LTD from 2009 to 2012, where he was the company’s interface for all customer service-related matters serving France, Southern Europe and Maghreb.
For more information, visit www.smtp.com
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Big Bear Mining Corp. (BGBR) Acquires Idaho Gold Property
Big Bear Mining Corp. is a North American exploration company focused on the acquisition and development of precious metals projects, particularly gold. The company currently has several gold properties in Wyoming and Ontario.
The company announced today the acquisition of a new property, consisting of 48 federal mining claims, in the Elk City gold project in Idaho County, Idaho. The property was acquired from Southern Legacy Minerals Inc. for 6 million shares of common stock and 6 million common stock purchase warrants. Additionally, 3 million shares of common stock were paid to a previous claim owner in exchange for significant amounts of historical data on the property.
The 48 Elk City claims are located along a 1.5 mile long shear zone that averages 60 feet wide and that hosts en echelon quartz veins. The property includes a historical underground mine called the Center Star Mine as well as the Commodore Project. The CEO of Big Bear, James Baughman, said, “This acquisition has staked our land position in a promising gold district in Idaho.”
Big Bear Mining also announced it has entered into the first phase of funding through new share financing agreements totaling $60,000. The money will be used to fund the drilling on its Lewiston and Rattlesnake Hills projects in Wyoming as well as to begin to advance the previous work already done on its newly-acquired historic Idaho property.
For further information about Big Bear Mining, please visit the company’s website at www.bigbearminingcorp.com
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The company announced today the acquisition of a new property, consisting of 48 federal mining claims, in the Elk City gold project in Idaho County, Idaho. The property was acquired from Southern Legacy Minerals Inc. for 6 million shares of common stock and 6 million common stock purchase warrants. Additionally, 3 million shares of common stock were paid to a previous claim owner in exchange for significant amounts of historical data on the property.
The 48 Elk City claims are located along a 1.5 mile long shear zone that averages 60 feet wide and that hosts en echelon quartz veins. The property includes a historical underground mine called the Center Star Mine as well as the Commodore Project. The CEO of Big Bear, James Baughman, said, “This acquisition has staked our land position in a promising gold district in Idaho.”
Big Bear Mining also announced it has entered into the first phase of funding through new share financing agreements totaling $60,000. The money will be used to fund the drilling on its Lewiston and Rattlesnake Hills projects in Wyoming as well as to begin to advance the previous work already done on its newly-acquired historic Idaho property.
For further information about Big Bear Mining, please visit the company’s website at www.bigbearminingcorp.com
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Emulex Corp. (ELX) is “One to Watch”
In the world of Information Technology, connectivity is the market behind the market, and it’s growing every day. Connectivity is what has made IT an indispensable foundational element of virtually every major business, by allowing a host of different IT machines and networks of machines to think and act together. And at the very heart of IT connectivity are the devices that make it all possible, the adapters, controllers, switches, and bridges, along with the associated support software. Since IT connectivity tends to be a behind-the-scenes industry, it doesn’t get the exposure more common with high-visibility ends of the business, but therein hides the opportunity.
Emulex, based in Cosa Mesa, California, is a leader in converged networking solutions for data centers, essentially products for connecting servers, networks, and storage devices. The company’s solutions are used and offered by some of the biggest names in the server and storage OEM industry, including Cisco, Dell, Fujitsu, Hitachi, HP, IBM, NEC, and Oracle, and have been time-tested in the world’s most demanding IT environments.
Emulex products include connectivity software, Fibre Channel host bus adapters, Fibre Channel over Ethernet converged network adapters, embedded storage switches, storage I/O controller and SAN storage switch products. To someone outside the IT world, it’s all pretty esoteric, but Emulex products play a critical role in keeping some very big names up and running, and the company partners with the best. For example, Emulex and Cisco have worked collaboratively on technology that transforms data center networks into an agile infrastructure.
It’s one of the reasons for the big rise in share price over the past month, as the company announced faster than expected recovery of its production operations in Thailand, following some of the worst flooding in decades. The educated marketplace knows that the demand is there.
For additional information, visit the company’s website at www.Emulex.com
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Emulex, based in Cosa Mesa, California, is a leader in converged networking solutions for data centers, essentially products for connecting servers, networks, and storage devices. The company’s solutions are used and offered by some of the biggest names in the server and storage OEM industry, including Cisco, Dell, Fujitsu, Hitachi, HP, IBM, NEC, and Oracle, and have been time-tested in the world’s most demanding IT environments.
Emulex products include connectivity software, Fibre Channel host bus adapters, Fibre Channel over Ethernet converged network adapters, embedded storage switches, storage I/O controller and SAN storage switch products. To someone outside the IT world, it’s all pretty esoteric, but Emulex products play a critical role in keeping some very big names up and running, and the company partners with the best. For example, Emulex and Cisco have worked collaboratively on technology that transforms data center networks into an agile infrastructure.
It’s one of the reasons for the big rise in share price over the past month, as the company announced faster than expected recovery of its production operations in Thailand, following some of the worst flooding in decades. The educated marketplace knows that the demand is there.
For additional information, visit the company’s website at www.Emulex.com
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Why FrogAds, Inc. (FROG) is Different
There are a ton of general marketplace sites on the web, with the most unique being FrogAds.com, where anyone can post free classified ads in over 400 categories. The speed of FrogAds’ growth indicates that consumers and paid advertisers are finding something there that they can’t find anywhere else. So what exactly is the difference between FrogAds and other sites, such as CraigsList?
• FrogAds lets consumers post ads for free, regardless of category, allowing them to manually or automatically renew the ad at the end of 30 days. It even offers a “Renew All” button. (Craigslist charges for postings in their Jobs category, and Craigslist only runs their free ads for 7 days.)
• FrogAds is more visually oriented than Craigslist, offering, for example, video embedding. And, unlike others where you have to click to see pictures, FrogAds displays pictures immediately. FrogAds also offers the ability to upload more pictures, all of which can be made larger and clearer compared to the competition.
• FrogAds has set it up so that entered free postings are automatically search engine optimized, so that they are effectively acting as inventory on Google and other search engines. As a result, FrogAds gets top search engine exposure, with the Alexa ranking growing rapidly.
• FrogAds lets you place your free ad for multiple cities and countries.
• FrogAds free ads have built-in stats.
• FrogAds consumer navigation is simpler than other sites, and provides a “sort-by” feature for ad search results.
• FrogAds offers different sales classifications, including an auction/bid option.
• FrogAds goes beyond the basic Craigslist ad flagging, and lets users comment and rate the ad, better countering any scam ads or phony ads.
• FrogAds has an easy share feature, so that information can be forwarded through social media sites.
• FrogAds offers a multi-language translator.
• FrogAds offers a free banner ad linking exchange, which lets vendors place ads with pinpoint accuracy on the FrogAds site in exchange for letting FrogAds place a pre-selected banner on the vendor site.
• FrogAds paid banner ads can currently be placed in a single country or the entire world for only $10 per day.
The number of differences between FrogAds and traditional sites like Craigslist is the result of extensive research and evaluation of existing sites, including Craigslist, Google, eBay, Yahoo, and Facebook, identifying the strong and weak points, to create the optimum user experience. FrogAds is still new, but is already taking off due to word-of-mouth regarding the above unique features. The company is just now working to put together an initial advertising campaign.
For additional information, visit the company’s website at www.FrogAds.com
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• FrogAds lets consumers post ads for free, regardless of category, allowing them to manually or automatically renew the ad at the end of 30 days. It even offers a “Renew All” button. (Craigslist charges for postings in their Jobs category, and Craigslist only runs their free ads for 7 days.)
• FrogAds is more visually oriented than Craigslist, offering, for example, video embedding. And, unlike others where you have to click to see pictures, FrogAds displays pictures immediately. FrogAds also offers the ability to upload more pictures, all of which can be made larger and clearer compared to the competition.
• FrogAds has set it up so that entered free postings are automatically search engine optimized, so that they are effectively acting as inventory on Google and other search engines. As a result, FrogAds gets top search engine exposure, with the Alexa ranking growing rapidly.
• FrogAds lets you place your free ad for multiple cities and countries.
• FrogAds free ads have built-in stats.
• FrogAds consumer navigation is simpler than other sites, and provides a “sort-by” feature for ad search results.
• FrogAds offers different sales classifications, including an auction/bid option.
• FrogAds goes beyond the basic Craigslist ad flagging, and lets users comment and rate the ad, better countering any scam ads or phony ads.
• FrogAds has an easy share feature, so that information can be forwarded through social media sites.
• FrogAds offers a multi-language translator.
• FrogAds offers a free banner ad linking exchange, which lets vendors place ads with pinpoint accuracy on the FrogAds site in exchange for letting FrogAds place a pre-selected banner on the vendor site.
• FrogAds paid banner ads can currently be placed in a single country or the entire world for only $10 per day.
The number of differences between FrogAds and traditional sites like Craigslist is the result of extensive research and evaluation of existing sites, including Craigslist, Google, eBay, Yahoo, and Facebook, identifying the strong and weak points, to create the optimum user experience. FrogAds is still new, but is already taking off due to word-of-mouth regarding the above unique features. The company is just now working to put together an initial advertising campaign.
For additional information, visit the company’s website at www.FrogAds.com
About QualityStocks
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Beacon Enterprise Solutions Group, Inc. (BEAC) Anticipates Reporting Approximately 45% Gain Year-Over-Year for Fiscal First Quarter 2012
Beacon Enterprise Solutions Group, Inc. this morning told investors that the company expects to report record quarterly revenues for the first fiscal quarter 2012 ending December 31, 2011. During the prior first fiscal quarter, the company generated revenues of $3,974,000.
“Expectations are that revenue will significantly exceed the amount recorded in the first quarter of fiscal 2011 by approximately 45%,” commented Scott Fitzpatrick, Vice President Corporate Controller and Treasurer. “In addition, gross profit margins are expected to improve significantly from the 29% recorded in the first fiscal quarter of 2011 and will be consistent with the Company’s recent performance and management’s stated expectations.”
As previously announced, Beacon will be hosting a conference call to discuss its fiscal year 2012 first quarter financial results on Thursday, February 9, 2012, at 10:00 a.m. EST. Participants on the call will include Bruce Widener, Chairman and CEO; Jerry Bowman, President and COO; Victor Agruso, Chief Administrative Officer and S. Scott Fitzpatrick, Vice President Corporate Controller and Treasurer.
Those who wish to join the teleconference should call 888-495-3916 and enter conference ID # 43328861 15 minutes prior to the beginning of the call. Participants outside of the U.S. and Canada can dial in by calling 706-634-7530 and entering the same conference ID.
Beacon will also simultaneously webcast the call on its website under the “Investor Relations” tab. A digital recording of the conference call will be available for replay two hours after the end of the call’s completion until 11:59 p.m. EST on Saturday, February 11, 2012, by calling 404-537-3406 and entering conference ID # 43328861.
For additional information, visit the company’s website at www.AskBeacon.com
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“Expectations are that revenue will significantly exceed the amount recorded in the first quarter of fiscal 2011 by approximately 45%,” commented Scott Fitzpatrick, Vice President Corporate Controller and Treasurer. “In addition, gross profit margins are expected to improve significantly from the 29% recorded in the first fiscal quarter of 2011 and will be consistent with the Company’s recent performance and management’s stated expectations.”
As previously announced, Beacon will be hosting a conference call to discuss its fiscal year 2012 first quarter financial results on Thursday, February 9, 2012, at 10:00 a.m. EST. Participants on the call will include Bruce Widener, Chairman and CEO; Jerry Bowman, President and COO; Victor Agruso, Chief Administrative Officer and S. Scott Fitzpatrick, Vice President Corporate Controller and Treasurer.
Those who wish to join the teleconference should call 888-495-3916 and enter conference ID # 43328861 15 minutes prior to the beginning of the call. Participants outside of the U.S. and Canada can dial in by calling 706-634-7530 and entering the same conference ID.
Beacon will also simultaneously webcast the call on its website under the “Investor Relations” tab. A digital recording of the conference call will be available for replay two hours after the end of the call’s completion until 11:59 p.m. EST on Saturday, February 11, 2012, by calling 404-537-3406 and entering conference ID # 43328861.
For additional information, visit the company’s website at www.AskBeacon.com
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Wednesday, January 25, 2012
Zogenix (ZGNX) Signs Joint Marketing and Technology Development Agreement with Battelle to Advance Development of DosePro® Drug Delivery Technology
Zogenix, Inc., a pharmaceutical company commercializing and developing products for the treatment of central nervous system disorders and pain, today announced that they have signed a non-binding letter of intent for an exclusive co-marketing and technology development option agreement with Battelle to advance the development and commercialization of Zogenix’s DosePro® drug. Battelle, one of the world’s largest independent research and development organizations, will work with Zogenix to offer DosePro needle-free drug delivery technology to pharmaceutical and biotechnology firms for new commercial out-licensing opportunities.
Zogenix’s DosePro patented technology, which has United States and Europe regulatory approvals, enables needle-free medication delivery under the skin by using a small amount of compressed gas to deliver a liquid version of medication through the skin. It is the only commercially available, single-use, disposable, needle-free, subcutaneous delivery technology in the world.
“We recognize that DosePro can provide sustainable competitive advantages for many injectable drugs, especially biologics. With Battelle’s expertise in product development and strong relationships with biopharmaceutical companies, we can now match DosePro technology to drug candidates in a more efficient manner by providing customizable drug delivery solutions that can effectively deliver biologics, vaccines and other critical drugs. We believe this arrangement will accelerate entry into licensing agreements with major pharmaceutical companies,” said John Turanin, Vice President and General Manager, DosePro Technology, Zogenix in a press release.
The intent of this partnership is to help meet the needs of biopharmaceutical companies that want to offer more customizable platform technologies that create different products for increased efficacy, patient compliance and market share. Zogenix has completed prototype design for the product but hopes that further development in collaboration with Battelle will help to broaden the capability of the technology to deliver larger dose volumes, which are required for high-dose biological products.
“We believe DosePro features market-leading technology for the safe and effective delivery of biologics, especially high viscosity formulations, which is critically important to our customers. This collaboration will enhance our ability to extend our leadership in drug delivery technology development to create innovative solutions for the pharmaceutical industry,” said Barbara Kunz, President, Battelle Health and Life Sciences Global Business in the press statement.
For more information on Zogenix, visit www.zogenix.com
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Zogenix’s DosePro patented technology, which has United States and Europe regulatory approvals, enables needle-free medication delivery under the skin by using a small amount of compressed gas to deliver a liquid version of medication through the skin. It is the only commercially available, single-use, disposable, needle-free, subcutaneous delivery technology in the world.
“We recognize that DosePro can provide sustainable competitive advantages for many injectable drugs, especially biologics. With Battelle’s expertise in product development and strong relationships with biopharmaceutical companies, we can now match DosePro technology to drug candidates in a more efficient manner by providing customizable drug delivery solutions that can effectively deliver biologics, vaccines and other critical drugs. We believe this arrangement will accelerate entry into licensing agreements with major pharmaceutical companies,” said John Turanin, Vice President and General Manager, DosePro Technology, Zogenix in a press release.
The intent of this partnership is to help meet the needs of biopharmaceutical companies that want to offer more customizable platform technologies that create different products for increased efficacy, patient compliance and market share. Zogenix has completed prototype design for the product but hopes that further development in collaboration with Battelle will help to broaden the capability of the technology to deliver larger dose volumes, which are required for high-dose biological products.
“We believe DosePro features market-leading technology for the safe and effective delivery of biologics, especially high viscosity formulations, which is critically important to our customers. This collaboration will enhance our ability to extend our leadership in drug delivery technology development to create innovative solutions for the pharmaceutical industry,” said Barbara Kunz, President, Battelle Health and Life Sciences Global Business in the press statement.
For more information on Zogenix, visit www.zogenix.com
About QualityStocks
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CAMAC Energy (CAK) Awarded Contract to Operate Offshore Exploration Blocks in Highly Sought-after African Province
CAMAC Energy Inc., an energy company engaged in the exploration, development and production of oil and gas, announced its agreement with the Gambian Ministry of Petroleum (on behalf of the Government of the Republic of The Gambia) in which the company was awarded the contract to be the operator of two offshore exploration blocks in water depths between 600-1,000 meters.
Per the agreement, CAMAC Energy will operate blocks A2 and A5, for which it holds an 85 percent interest in the blocks, which cover 2,666 square kilometers.
The agreement is a significant achievement for the company, reflecting the opportunity to operate in a highly favored province in West Africa and emphasizing the company’s position in the market.
“We are extremely pleased to be awarded these two blocks. Gambia’s blocks A2 and A5 represent highly sought after assets in one of the world’s most exciting hydrocarbon provinces, the West African Transform Margin. Today’s announcement demonstrates additional progress in our frontier exploration strategy. It also reaffirms the company’s reputation as a value added oil and gas partner to National Oil Companies in Africa,” CAMAC Energy chairman and CEO Dr. Kase Lawal stated in the press release.
The two exploration blocks are located in the highly prospective West African Transform Margin, which is home to several recent major discoveries in Ghana and Sierra Leone. The presence of hydrocarbons has been established in the area, and recent extensive 3D seismic shots have revealed several material prospects and leads.
According to African Petroleum Corporation Limited’s (NSX:AOQ) third-party estimates, the Alhamdulilah prospect has potential mean unrisked resources of approximately 500 million barrels.
The agreement is subject to submission of an Environmental Impact Assessment (EIA) and signing of final petroleum exploration licenses within 90 days. CAMAC has submitted the EIA report, and signing of the license documents is expected in the next few weeks.
For more information visit www.camacenergy.com
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Per the agreement, CAMAC Energy will operate blocks A2 and A5, for which it holds an 85 percent interest in the blocks, which cover 2,666 square kilometers.
The agreement is a significant achievement for the company, reflecting the opportunity to operate in a highly favored province in West Africa and emphasizing the company’s position in the market.
“We are extremely pleased to be awarded these two blocks. Gambia’s blocks A2 and A5 represent highly sought after assets in one of the world’s most exciting hydrocarbon provinces, the West African Transform Margin. Today’s announcement demonstrates additional progress in our frontier exploration strategy. It also reaffirms the company’s reputation as a value added oil and gas partner to National Oil Companies in Africa,” CAMAC Energy chairman and CEO Dr. Kase Lawal stated in the press release.
The two exploration blocks are located in the highly prospective West African Transform Margin, which is home to several recent major discoveries in Ghana and Sierra Leone. The presence of hydrocarbons has been established in the area, and recent extensive 3D seismic shots have revealed several material prospects and leads.
According to African Petroleum Corporation Limited’s (NSX:AOQ) third-party estimates, the Alhamdulilah prospect has potential mean unrisked resources of approximately 500 million barrels.
The agreement is subject to submission of an Environmental Impact Assessment (EIA) and signing of final petroleum exploration licenses within 90 days. CAMAC has submitted the EIA report, and signing of the license documents is expected in the next few weeks.
For more information visit www.camacenergy.com
About QualityStocks
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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