TuesdayDec 18, 2007 3:06 pm

Borrell Associates Ranks Local.com (LOCM) Number One for Online Advertising Revenue Growth in 2007

Local.com Corporation (LOCM), a leading search engine, announced that Borrell Associates ranked Local.com as the leader in online advertising revenue growth for 2007, with a 138% year over year increase in online advertising revenue growth. The report shows that Local.com revenue growth clearly surpasses all of the other companies currently participating in the online advertising space. Health Clarke, local.com chairman and CEO, stated, "This report confirms that Local.com is a major player in local search, delivering higher growth than all other companies in the study. Our focus continues to be on delivering additional growth through the expansion of our direct…

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TuesdayDec 18, 2007 3:04 pm

Vasogen, Inc. (VSGN) Updates Shareholders

Vasogen Inc. (VSGN) has announced the results from the company's phase III Clinical trials of the drug "Celacade". According to findings by Lancet, this drug was able to reduce the risk of death or cardiovascular hospitalizations by 39% when compared to patients receiving a placebo drug. Chris Waddick, President and CEO of Vasogen, stated, "We believe that the publication of the ACCLAIM results, in a journal renowned for the communication of high-quality peer-reviewed research from around the world, is indicative of the exceptional design and execution of the trial, as well as the important contribution of ACCLAIM in identifying the…

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TuesdayDec 18, 2007 3:01 pm

AXT, Inc. (AXTI) Receives Up to $18.6 Million Purchase Order From IQE

AXT, Inc. (AXTI), a leading manufacturer of semiconductors, announced that the company has been awarded with a production order from IQE PLC (AIM: IQE). This agreement is valued at approximately $15.1 million, with the option of IQE purchasing an additional $3.5 million of product. IQE is a global supplier of advanced semiconductor wafers with products that cover a diverse range of applications. IQE provides clients with a 'one stop shop' for any number of wafer needs, an often unmet, niche market. Drew Nelson, CEO of IQE, stated, "AXT is well positioned to be able to accommodate IQE's increasing demand, particularly…

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TuesdayDec 18, 2007 2:59 pm

Alternative Construction Technologies, Inc. (ACCY.OB) Receive Florida Certification

Alternative Construction Technologies, Inc. (ACCY.OB) announced that Florida Power & Light (FPL) has certified the company's BuildSmart galvanized steel insulated home panels. These panels were constructed under funding by the State Housing Initiative Program in Manatee County, Florida for damage caused by Hurricane Charlie in 2004. BuildSmart homes are inspected and approved by FPL representatives who are accredited by the State of Florida Department of Community Affairs to rate energy efficiency. These particular panels generate energy savings up to 70% per month. FPL certifies that BuildSmart homes constructed have exceeded state energy code requirement; benefiting homeowners and all Floridians through…

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TuesdayDec 18, 2007 2:50 pm

Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF) is "One to Watch"

With rapid economic and industrial growth, and a reputation for smog-laden air, it’s no wonder China ranks No. 1 in worldwide consumption of solar energy. Solar photovoltaic (PV) production is also on the rise, growing to 1.5 million kW from 0.35 million kW in the last two years. According to a 2007 report by the Netherlands Environmental Assessment Agency, in 2006 China surpassed the United States in greenhouse gas emissions for the first time; in the People’s Republic of China, carbon dioxide emissions rose to nearly 5.05 billion metric tons in 2004, and an aggregate 6.1 million metric tons in…

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TuesdayDec 18, 2007 2:50 pm

Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF) is “One to Watch”

With rapid economic and industrial growth, and a reputation for smog-laden air, it’s no wonder China ranks No. 1 in worldwide consumption of solar energy. Solar photovoltaic (PV) production is also on the rise, growing to 1.5 million kW from 0.35 million kW in the last two years. According to a 2007 report by the Netherlands Environmental Assessment Agency, in 2006 China surpassed the United States in greenhouse gas emissions for the first time; in the People’s Republic of China, carbon dioxide emissions rose to nearly 5.05 billion metric tons in 2004, and an aggregate 6.1 million metric tons in…

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TuesdayDec 18, 2007 2:32 pm

CDC Corporation (NASDAQ: CHINA) is "One to Watch"

CDC Corporation (NASDAQ: CHINA) provides enterprise software, online games, mobile services and applications, and Internet and media services. The company’s partnerships with international software vendors have helped secure more than 3,500 customers around the world. Word of a new franchise partner strengthens the company’s global reach. Today the company announced its wholly-owned subsidiary, CDC Software, will launch its Pivotal CRM sales throughout India through its new franchise partner, CDC CRM Solutions Private Ltd. Pivitol CRM covers every aspect of Customer Lifecycle Management including sales, marketing, service automation, partner management, PDAs, SmartPhones and more. "Companies can leverage Pivotal CRM to help…

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TuesdayDec 18, 2007 2:32 pm

CDC Corporation (NASDAQ: CHINA) is “One to Watch”

CDC Corporation (NASDAQ: CHINA) provides enterprise software, online games, mobile services and applications, and Internet and media services. The company’s partnerships with international software vendors have helped secure more than 3,500 customers around the world. Word of a new franchise partner strengthens the company’s global reach. Today the company announced its wholly-owned subsidiary, CDC Software, will launch its Pivotal CRM sales throughout India through its new franchise partner, CDC CRM Solutions Private Ltd. Pivitol CRM covers every aspect of Customer Lifecycle Management including sales, marketing, service automation, partner management, PDAs, SmartPhones and more. "Companies can leverage Pivotal CRM to help…

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TuesdayDec 18, 2007 1:18 pm

Vertical Branding, Inc. (VBDG.OB) Awarded $1.70 Target Price and “Buy” Rating

Recently RedChip reiterated its “Buy” rating and established a $1.70 12-month price target based on a Price-to-Sales ratio of 1.28x on estimated revenues of $39.8 million. The updated report was published soon after Vertical Branding recorded its fifth consecutive quarter of year-over-year revenue growth with sales totaling $9.1 million, a 71% increase from the same period in 2006. Gross profit from the company’s 3Q 2007 of operation increased 56% to $5.2 million. Even though the gross profit experienced a large increase, margins fell 5% to 58%. The decrease was reported to be a result of the shift from transactional marketing…

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TuesdayDec 18, 2007 10:16 am

Dutton Associates Maintains “Speculative Buy” Rating and $10.00 Price Target for Pressure BioSciences Inc. (PBIO)

Dutton Associates announced today that it has updated its coverage of Pressure BioSciences and that it is reiterating its “Strong Speculative Buy” Rating and $10.00 Price Target. Dutton’s Senior Analyst, Mr. Denise T. Resnik, M.S., completed the 17-page report. The research firm stated, “We are reiterating our rating of Pressure BioSciences Inc. as a Strong Speculative Buy and our 12-month price target of $10.00 per share. The Company has developed a unique and superior technology for the preparation of biological laboratory samples and is in the early stages of commercialization of its product platform. We expect that the shares will…

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