June 2008 - Page 38 of 49

MondayJun 09, 2008 3:25 am

QuoteMedia, Inc (QMCI.OB) Will Exhibit at the Securities Industry and Financial Markets Association’s Technology Management Conference

QuoteMedia, Inc. (QMCI.OB) announced on Friday that it will participate as an exhibitor at the Securities Industry and Financial Markets Association's Technology Management Conference and Exhibit in New York, which takes place from June 10 through 12, 2008. QuoteMedia, Inc. develops and distributes financial market data and related services by collecting, aggregating, and delivering delayed and real-time financial data content through the Internet. It offers several market information services, including streaming stock market data feeds, research and analysis, content applications, portfolio management systems, software products, news services, wireless applications, and other services. The SIFMA's Annual Technology Management Conference & Exhibit…

FridayJun 06, 2008 6:55 pm

Wherify Wireless, Inc. (WFYW.OB) Merging with Lightyear Network Solutions, Inc.

As the developer of the award-winning Wherifone GPS Locator Phone and Springboard Location-based Services Platform, Wherify Wireless, Inc. (OTCBB: WFYW) announced that they have entered into a non-binding letter of intent with Lightyear Network Solutions, Inc., in which Lightyear will merge their business into Wherify. At the closing of Thursday's stock trading, Wherify's stock rose 81.40%. Among the things that will need to be resolved for the proposed merger to happen are: negotiations and execution of the definitive agreement; approval from shareholder's of both companies; obtaining a minimum of $15 million in new equity capital; and restructuring of existing debt.…

FridayJun 06, 2008 4:04 pm

Dutton Associates Featured Company: Vermillion Inc. (VRML)

Vermillion Incorporated has one goal: to develop and produce diagnostic tests that help physicians diagnose, select appropriate treatments and improve outcomes for patients. Vermillion develops clinical protein biomarker diagnostic products and services for use in the fields of oncology, hematology, cardiology, and women's health. The company has several working relationships with academic and research institutes for the discovery and development of new products. Vermillion applies a three-step approach when looking for a new solution to an existing problem. They first acquire information about the disease; this is done by applying a multi-biomarker approach to identify associations between genes, proteins and…

FridayJun 06, 2008 3:42 pm

XO Communications (XOHO.OB) Named Carrier of the Year

XO Communications, a subsidiary of XO Holdings, Inc. has received the Carrier of the Year Award from master agent KeaneTel. This is the third consecutive year that XO has received this award, which is based on customer satisfaction, objective surveys of sub-agents, and aggregate business sold through KeaneTel. XO Communications is a leading provider of 21st century communications services for businesses and communications services providers. The company provides leading Voice over Internet Protocol (VoIP), Data & Internet, Network Transport, Managed, Hosting and Fixed Wireless Access services nationwide. XO Communications has been in the KeaneTel portfolio since 2002. KeaneTel is one…

FridayJun 06, 2008 3:40 pm

StemCells Inc. (STEM) Awarded New Patent; Using the Basics of Life to Improve Life

StemCells Inc. (Nasdaq: STEM) focuses on the discovery, development and commercialization of cell-based therapeutics to treat diseases afflicting the central nervous system (CNS) and liver. Stem-cell research has become more widely accepted as the public becomes more educated on research methods and purposes. StemCells Inc.’s programs target damaged or lost CNS and liver tissue as a result of disease or injury. Stem-cell research opens the door to a plethora of discoveries regarding the human body’s regenerative abilities, and how to better treat disease. StemCells Inc. today announced that the U.S. Patent and Trademark Office awarded the company patent number 7,381,561…

FridayJun 06, 2008 3:39 pm

Tumbleweed Communications Corp. (TMWD) to Merge with Sopra Group Subsidiary for Long-Term Growth

In an effort to offer integrated collaborative business solutions around the world, Sopra Group (Euronext Paris: SOP) and Tumbleweed Communications (Nasdaq: TMWD) today announced a plan to merge in which Sopra Group, through its subsidiary Axway, will acquire all outstanding Tumbleweed stock in cash at $2.70 per share, which will assist the companies in the expansion of their market reach. "Tumbleweed is a natural fit with Axway. We are confident that the combined product offering will benefit customers from both companies and increase long-term growth prospects," Jim Scullion, CEO of Tumbleweed stated in the press release. "The combined entity is…

FridayJun 06, 2008 3:31 pm

Shares of Tumbleweed Communications Corporation (TMWD) Continue Rise on Announcement of New Channel Partner Agreements

Trading volume for Tumbleweed Communications Corporation (NASDAQ: TMWD), a global provider of e-mail firewall and secure messaging application software solutions, climbed more than 14 percent earlier this week after the company announced the general availability of its FTP Analyzer to its channel partners. Tumbleweed’s products enable organizations to effectively manage and protect business-critical Internet communications, including secure file transfer, encryption, data loss prevention and email security capabilities. According to Tumbleweed’s first quarter earnings report, the company plans to restructure operations and transition its distribution model from direct sales to a distribution model with an emphasis on sales through channel partners.…

FridayJun 06, 2008 10:25 am

Tercica, Inc. (TRCA) Enters Merger Agreement with Ipsen, S.A. (Euronext: IPN)

Tercica, Inc. (NASD: TRCA) announced that they have entered into a definitive merger agreement with Ipsen, S.A. (Euronext: IPN). The merger states an affiliate of Ipsen will acquire all of the shares of Tercica common stock that Ipsen doesn't already own at a price of $9.00 per share in cash, valuing Tercica at approximately $663 million. The transaction still has to be approved by Tercica's shareholders, who hold a majority of the company's outstanding common stock, but the board of directors unanimously approved the deal. As of now, Ipsen and their affiliates own approximately 25.3% of the outstanding Tercica common…

FridayJun 06, 2008 8:18 am

Joytoto USA, Inc. (JYTO.OB) Launches its First US Online Game

This week, Joytoto USA, Inc. announced the launch of its first online game to be available for download in the US, "Pang Pang Terrible". It is one of the first online, first-person shooter games to allow character customization, and has a 'cartoon' feel to appeal to younger players. Joytoto has had several successful game launches in Korea, and will now attempt to capture the attention of American gamers. This is part of the company's ongoing expansion strategy, which has been progressing rapidly in 2008. The game will be available through Joytoto's distribution portal, playolive.com. Regarding the release of the new…

FridayJun 06, 2008 8:16 am

Hybrid Technologies, Inc. (HYBR.OB) – Featured in Wall St. Grand Report

It is easy to understand why people like the idea behind Hybrid Technologies. It is a virtually undiscovered company manufacturing futuristic automobiles that are powered by rechargeable lithium cells and good old-fashioned American ingenuity. Soaring gas prices have reluctant consumers standing embittered at the pumps, wishing for an immediate solution. Our collective history of indifference to polluting the environment has concerned individuals hoping for drastic change. What many of these people do not realize is, that with companies like Hybrid Technologies, change is possible right now. Surely freedom from fossil fuels has to cost an arm and a leg, right?…

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Month: June 2008