Monday, August 2, 2010

GigOptix (GGOX.OB) Secures $200k Grant to Refine its Low-Temp Modulator for Government Supercomputing Applications

GigOptix, www.GigOptix.com – a leading provider of high-performance semiconductor products (electronic/electro-optic) for high speed telecom and data networks, reported securing a $200k R&D grant to customize their 40Gb/s Thin Film Polymer on Silicon (TFPS™) Mach Zehnder (MZ) modulator, the LX8400, for use in current Government Supercomputing programs today, Monday, August 02.

With a truly wide ranging suite of devices covering serial and parallel communication technologies from1G to 100G, GGOX is an established provider in the telecom, datacom and datacenter markets, and also offers a powerful selection of mixed-signal and RF ASIC solutions.

The proprietary TFPS MZ series of modulators bear a number of striking characteristics which set them apart from competitors: the polymers are synthesized at the molecular level and offer optimal electro-optical functionality; and the huge bandwidth (up to 65GHz) at low voltage yields a very high rate of data transmission while remaining extremely energy efficient.

Successful completion of a previous program by GGOX, demonstrating a 40Gb/s modulator operating at amazingly low temperatures (40°K/-233°C), led to this grant, which will be primarily used to enhance and optimize low-temp functionality of the design for next-gen petaflop-class supercomputing applications to bridge ultra low-temp processors and large-scale memory at standard temps.

VP and GM of GGOX, Dr. Raluca Dinu, conveyed the enthusiasm of the Company in continuing this program to refine the TFPS modulators for low-temp supercomputing applications, and noted that GGOX has recently identified “specific design and process improvements” to that effect.

Dinu highlighted the fact that the very participation in the program by GGOX was a clear indicator that TFPS modulators are of profound value, not only in long-reach telecom applications, but also in short-reach supercomputer and datacenter applications.

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

Divine Skin’s (DSKX.OB) Sigma Skin Brand to Hit Neiman Marcus Stores Nationwide

Divine Skin Inc., developer and distributor of personal-care products to wholesalers, retailers, specialty outlets, spas, salons and medical offices, today announced that its wholly owned Sigma Skin brand, a high-end line of cosmeceuticals for men, will be sold throughout the United States by retailer Neiman Marcus.

Sigma Skin’s three-step Hair Regrowth System incorporates Hair Growth Stimulating Shampoo, Minoxidil Topical Spray, and Hair Conditioning Active Ingredient Spray, to combat hair loss through multiple pathways to regrow hair thicker, fuller and faster than any single treatment.

Sigma Skin currently sells it hair loss and skin aging products through upscale retailers including Bergdorf Goodman in the United States, Saks Fifth Avenue in Mexico and Harvey Nichols in the UK.

Divine Skin, in correlation with Sigma Skin’s offerings, has positioned itself as a leader in topical therapies, especially hair-growth. Its products utilize comprehensive formulas and proprietary encapsulation techniques with multiple methods of action against common skin conditions.

Divine Skin CEO Daniel Khesin said the Sigma Skin brand’s representation in Neiman stores reflect the value of the company’s products.

“We are thrilled to join the Neiman Marcus collection of super-premium brands. Neiman’s endorsement of Sigma Skin underlines the value that consumers and other retailers have been discovering,” Khesin stated in the press release.

The Sigma Skin brand of products also includes anti-aging facial cleanser, facial moisturizer, hair-suppressing aftershave, and abdominal toning cream.

For more information visit http://www.divineskin.com or http://www.sigmaskin.com

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

MagneGas (MNGA.OB) Completes Refinery in China; Remaining Balance of Nearly $2 Million Contract Expected by End of August

MagneGas Corporation announced today that they have completed the MagneGas™ Refinery that was purchased by China partner DDI Industry International. The original announcement of the sale was issued in a press release March of this year and the progress has move forwardly rapidly since. DDI representatives are scheduled to arrive at the MagneGas corporate headquarters in Tampa, FL today to begin testing and training on the unit. Upon successful training and inspection of the System, DDI will assume ownership of the patented Plasma ArchFlow™ Refinery and pay MagneGas the remaining $950,000 balance of the contract. This payment is slated to happen by August 31, 2010.

This purchase is part of the overall business plan that has been discussed in various press releases by MNGA throughout this year. Based in Beijing, China, DDI Industry International signed a Letter of Intent (“LOI”) to acquire the exclusive MagneGas Technology and manufacturing rights for the Greater China market (Phase 2 of the business strategy). As compensation, DDI would directly invest $2.0 MM in MagneGas Corp. DDI would create a new China-based Joint Venture company (“MagneGas China”) to house and administer the rights. DDI would seek to take this Joint Venture Company public in the Asian market in the future. Per the LOI, DDI will grant to MagneGas Corp. 20% of MagneGas China, giving MagneGas Corporation and its investors a significant and perpetual share of China market operations. MagneGas CEO, Dr. Ruggero Santilli, will receive a full voting seat on the MagneGas China Board of Directors.

MagneGas President Richard Connelly stated, “We are pleased to announce that we have comfortably hit our internal deadline, and that the China Refinery is now finished and ready for testing.” Mr. Connelly continued, “This is significant in that it demonstrates our ability to manufacture a very complex machine on time and to a customer’s precise specifications. This both gives future customers confidence in our operations, and also helps us predict timely revenue recognition.”

The Plasma ArchFlow Refinery gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower greenhouse gas emissions. MagneGas™ can be used for metal cutting, cooking, heating or powering bi fuel automobiles. When used as a gas for metal cutting, MagneGas, a GREEN fuel, has been praised for delivering cuts cleaner and faster with a narrower kerf, less slag, no top edge rollover and a smaller heat affected zone.

Shares of MNGA are trading at $.08 today (no change for the day). More information on MagneGas Corporation, its products and the investment opportunity it presents can be found on the Company’s website at www.magnegas.com.

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

Former U.S. Assistant Surgeon General to Join MusclePharm (MSLP.OB) as Chief Scientific Director

Muscle Pharm Corp. develops and manufactures nutritional supplements designed to enhance athletic performance. The company today announced former Assistant Surgeon General Dr. Roscoe M. Moore, Jr. as its new chief scientific director.

Cory Gregory, president of MusclePharm, said Dr. Moore’s position will support the company’s progress toward its current and future objectives and operations.

“We are honored and excited that Dr. Roscoe M. Moore, Jr. is joining our company as chief scientific director. His experience and knowledge in the medical field and his background within the FDA and US Public Health Services will be a tremendous asset to MusclePharm. In addition to overseeing our next generation of product offerings, he will assist in our path toward insurance reimbursement for our Re-Con product for HIV patients suffering from involuntary weight loss and catabolic cachexia, which is a very large market,” Gregory stated in the press release. “Dr. Moore’s decision to join MusclePharm is a reinforcement of the quality and effectiveness of our products and our strong research and developments efforts.”

MusclePharm last month presented information of its Re-Con product to more than 200 attendees at the XVIII International Aids Conference in Vienna, Austria, sponsored by NAPWA and The AIDS Institute. Re-Con has demonstrated clinical attributes to fight the involuntary weight loss and catabolic cachexia associated with HIV patients on highly active antiretroviral therapy (HAART).

Dr. Moore noted the concern and risks of involuntary weight loss in patients with HIV, and said his position with MusclePharm will give him the opportunity to actively address those concerns.

“Unintentional and involuntary weight loss in people living with HIV/AIDS have long been recognized as a serious consequence of this disease. The nutritional requirements among persons undergoing antiretroviral therapy have not been adequately and systematically addressed. Therapeutic nutritional supplementation products, like those provided by MusclePharm, are essential in maintaining the health status of HIV/AIDS patients. I look forward to joining MusclePharm in order to provide the most effective evidence-based approach to assure appropriate and adequate therapeutic nutritional supplementation to mitigate the impact and progression of wasting syndrome in HIV/AIDS patients,” Dr. Moore stated.

For more information visit http://www.musclepharm.com

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

eDoorways Corporation (EDWY.PK) Strengthens Role Of PowerChannels

eDoorways Corporation, a fast growing online combination of social network and vendor marketplace, anticipates a strong second half of 2010, based largely on increasing demand for PowerChannels.

eDoorways PowerChannels are essentially highly focused, collaborative social networks that are formed to accomplish a specific communication objective that can be business-oriented, recreational, or purely personal. It compliments the overall goal of eDoorways, to provide focused communities where members with similar interests can communicate, while drawing upon the resources of vendors and independent experts. This gives vendors a unique environment for honest two-way communication with the marketplace, growing their standing in the community far more effectively than by simple advertising.

The first half of the year has seen continued expansion of website functionality, including the deployment of PowerChannels as a major opportunity for growth and revenue. Software is continually being enhanced to process subscription revenue as well as payments made for Powerkey notification, in addition to the processing of ecommerce transactions.

PowerChannels also represent a mechanism to encourage viral expansion, as word spreads about specific communities. An example is CorkSport, a web-based Mazda high-performance parts and service business that is in the process of bringing thousands of its clients into its own PowerChannel. As a result, PowerChannels are now an integral part of eDoorways’ business plan and sales rollout strategy, and demand is growing.

Other areas of activity include the company’s largest client, ISTEC (Ibero-American Science, Technology and Education Consortium), which is in the first stage of migrating its many members to the eDoorways platform. ISTEC enjoys a strong working alliance with two international organizations, both of which have global conferences later this year that eDoorways will attend.

eDoorways CEO, Gary Kimmons, spoke of upcoming events. “We have three major events for which we are planning. First, we have the COMCYT-OAS meeting in Washington, DC starting September 9th. Then, the World Engineering Education Forum (WEEF) will be held in Singapore beginning October 17th. Then, on November 29th, the ISTEC General Assembly will be held in Porto Alegre, Brazil. These are all key events that we intend to leverage to increase membership and participation in the eDoorways platform.”

For more information on eDoorways, see the company’s websites at www.eDoorways.com and www.eDoorwaysCorp.com.

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

Baron Energy, Inc. (BROE.OB) is “One to Watch”

Baron Energy is an independent oil and gas production, exploitation, and exploration company. The Company has producing assets in the prolific oil producing Permian Basin of West Texas. Their growth strategy focuses on making accretive property acquisitions in their core operating area. The Company targets properties that have oil production with upside developmental potential. Baron Energy, Inc. has their corporate headquarters in New Braunfels, Texas. They trade on the OTC Bulletin Board.

Baron Energy, Inc. owns production that is 99 percent oil, both operated and non-operated. They have working interest ranging from 5 percent to 100 percent in oil and gas fields. Their proved and probable reserves are approximately 400,000 BOE. The Company has more than 4,000 gross acres. These are in Baylor, Borden, Garza, Jones, Runnels, Scurry and Taylor Counties, Texas.

Fieldwork recently underwent completion to add 6 Bopd (barrels of oil per day) net that had been shut-in. Total production is now approximately 35 Boepd net. The Company’s acreage has 29 producing wells, 16 of which are operated by Baron Energy, Inc. Well depths range from 2,000 feet to 8,000 feet. Baron has received third party engineering on one of their pending acquisitions. This reserve report is required by lending institutions in order to compete formal due diligence on the property.

Baron recently relocated their headquarters from Midland, Texas to New Braunfels, Texas. This consolidates corporate headquarters with administrative offices. In addition, it locates the Company closer to Houston, Texas, the center of the domestic oil and gas industry.

Baron has a major acreage position in South Texas in Starr County, Texas. This acreage has exposure to the Deep Yegua formation. The Deep Yegua Trend is a very sparsely explored trend. It is in the heart of some of the most prolific oil and gas production in the United States. The Deep Yegua trend runs along the Texas Gulf Coast from the Mexican border, through Starr and Brooks Counties, and to the northeast to the Louisiana border.

Baron plans to grow their company to approximately 1,000 Boepd within five years. This is through making accretive producing property acquisitions, low cost, low risk in-fill drilling and production enhancement programs in the core operating area of the Permian Basin. The Company will also focus on the exploitation of their South Texas property through joint ventures with industry partners. For 2010 goals, Baron is looking to raise production to at least 250 BOEPD via accretive acquisitions and drilling new wells.

On July 27, 2010, Baron Energy, Inc. announced that they completed Phase-1 of their production enhancement program. They have also begun the evaluation process for a number of bolt-on acquisition opportunities.

Ronnie L. Steinocher, CEO, said, “We are moving along on our production enhancement program and have already completed Phase-1, which consisted of returning two wells to production. Phase-2 will add additional produced fluid capacity and water disposal to select producing wells which will also add to our daily production. Phase-3 will be to bring a few shut-in wells back on stream. Our plan is to have all Phases completed by the end of August. The enhancement goal is to increase current production by 20-30%.”

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

First Internet Bank (FIBP.OB) Launches New Line of Business, Welcomes New Executive

First Internet Bank of Indiana, a subsidiary of First Internet Bancorp, is the first state-chartered, FDIC-insured institution to operate solely via the internet and has customers in all 50 states. It has over $480 million in assets and offers a wide range of financial services. Since its debut in 1999, the company has focused primarily on consumer lending. The acquisition of Landmark Financial Corporation in 2007 added residential mortgage lending to the bank’s product offering.

The company announced today that it is expanding into commercial lending, with an emphasis on commercial real estate in central Indiana. With this latest endeavor, bank management identified an opportunity to diversify further its loan portfolio while assisting creditworthy commercial borrowers in need of responsible financing alternatives.

To lead this undertaking, Michael E. Lewis, a 28-year veteran of the Indianapolis commercial banking community, has joined the bank’s management team as vice-president. Mr. Lewis has held senior management positions throughout his career with numerous financial institutions. In addition, he has spent most of his career in the commercial real estate field where he has assisted hundreds of local developers and property owners with financing solutions.

First Internet Bank believes that Mr. Lewis’ proven track record in establishing and successfully growing commercial lending departments makes him a great choice to lead the bank’s new initiative and introducing the bank’s lending capabilities to the local business community. For more information on First Internet Bank, please visit their website at www.firstinternetbancorp.com.

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net