November 2008 - Page 7 of 76

ThursdayNov 20, 2008 11:19 am

Valence Technology Inc. (VLNC) Gears up with Brammo to Fuel All-Electric Motorcycle

Founded in 1989, Valence Technology Inc. (Nasdaq: VLNC) has grown to become an international developer of lithium phosphate energy storage solutions. The company’s technology will allow it to enter into the eco-friendly motorcycle market. Valence today announced the completion of a supply agreement with Brammo Inc., which manufactures ultra-efficient, lightweight vehicles. Per the agreement, the companies will work on a collaborative development strategy in which Valence will provide lithium phosphate batteries for Brammo’s Enertia all-electric motorcycle. According to Valence, the deal represents the efforts of both companies in their quest to expand their presence in the storage solution and electric…

ThursdayNov 20, 2008 11:15 am

Drugstore.com (DSCM) Announces Alliance with Medco

Drugstore.com, Inc., a leading online retailer of health, beauty, vision, and pharmacy products, today announced a strategic alliance with Medco Health Solutions, Inc. (MHS), the nation’s leading pharmacy benefit manager providing pharmacy benefits to over 60 million Americans. Under the agreement, Drugstore.com will provide non-prescription consumer health products, along with technical development, operation services, fulfillment capabilities, OTC merchandising, and customer care, for a Medco branded online store being offered to Medco members beginning in mid 2009. Drugstore.com Chairman and CEO, Dawn Lepore, commented on the plan. “The alliance supports our strategy to leverage the drugstore.com ecommerce health, beauty and wellness…

ThursdayNov 20, 2008 8:49 am

Broadwind Energy Inc. (BWEN.OB) Manufactures a Future with Wind Turbine Towers and Gears

To say the least, the financial markets are a disappointment at the moment. There are, however, always opportunities that arise from a dynamic shift within an economy. Rapid and significant movements of capital allow one capital holder to withdraw, due to circumstance, and another to move in with capital to replace it. As we are now witnessing, a market based economy does not allow for voids in capital flows. One way or another capital must fill the void or problems erupt until the void is filled (hence today’s issues.) An astute investor is one that is willing to make his…

ThursdayNov 20, 2008 7:36 am

Axial Vector Energy Corp. (AXVC.PK) Signs Joint Venture Agreement, Establishes Position in Wind Power Industry

Axial Vector announced that it has formed a Joint Venture with Constellation Capital Management, LLC of Novato, CA. The Joint Venture will have the exclusive right to market Axial Vector’s proprietary generating equipment to replace existing generators in the nation’s wind power industry. The proprietary generators offer significantly greater increases in power generation, revenues and profits for each retrofit project. The Joint Venture, 80% of which is owned by Axial Vector, anticipates offering the cutting-edge generators to existing wind projects as an investment rather than a direct equipment sale. The proprietary generators’ advantageous ability to produce energy in low wind…

ThursdayNov 20, 2008 6:45 am

MyECheck (MYEC.OB) Leaders Lead the Way with Check 21

MyECheck, a California based company, is a leading electronic transaction processor that provides alternative payment solutions to expensive credit card charges. MyECheck’s Check 21 solution offers the fastest, safest and most cost effective way to process electronic payments from an expanding customer base, and is experiencing rapid growth in the growing eCommerce and Payments industries. One of the key aspects to the success of MyECheck is their broad reach. MyECheck can debit every US checking account, even accounts that ACH cannot debit. Such accounts include accounts at many credit unions, savings and loan corporations, small banks, brokerage accounts, business accounts…

ThursdayNov 20, 2008 6:12 am

Tri-Star Holdings, Inc. (TSHL.PK) Strategically Plans Order of Mining Operations

Today before the opening bell, Tri-Star Holdings announced that the company has planned out its order of mining operations to advantageously and cost-effectively expand its metals recovery efforts in Arizona, Nevada and Idaho. The company also stated that representatives have successfully refined gold from its 25 acre gold mine claim on the Hassayampa River with small-scale processing equipment. Operations will continue to be expanded at the Wickenburg claim until full-scale production is reached. The initial small-scale operations will continue to be established at the COS #1, and Cos #2 claims and then the Lucky Linda #1 claim in Nevada. According…

ThursdayNov 20, 2008 5:47 am

Government Approved Coal Permits for Micron Enviro Systems Inc. (MENV.OB)

The global coal industry remains active and Micron Enviro Systems (MENV) announced it has been approved for 12 coal permits, with more expected to come before the end of the year. The coal permits cover exploration and recovery mining rights for 22,456 contiguous acres in central east Saskatchewan, Canada, near a major new coal discovery. Micron applied for the permits in June. It was one of the first companies to attach itself to the discovery, made by Goldsource Mines Inc. "MENV management is striving to continue to build shareholder value despite the current volatile overall market conditions," said Bradley Rudman,…

ThursdayNov 20, 2008 5:42 am

VeriChip Corp. (CHIP) & RECEPTORS LLC Announce Successful Phase 1 Completion of Implantable Glucose Sensing RFID Microchip

VeriChip Corporation and its partner in product development, RECEPTORS LLC, said today that they have made an important advancement in the design of a radio frequency identification (RFID) microchip that can be implanted in living organisms, or “in vivo”, to detect and monitor glucose levels. One important potential application of this type of RFID device is to help diabetics monitor their glucose levels. This application could eliminate the need for diabetics to monitor their blood sugar levels by pricking their skin and drawing blood several times per day. Asked for comment on this ground-breaking Phase 1 milestone, Scott R. Silverman,…

ThursdayNov 20, 2008 5:40 am

Raven Biofuels International Corp. (RVBF.OB) Signs Agreement with Larson Engineering

Raven Biofuels International Corporation (RVBF.OB), a developing global renewable energy company focused on producing ethanol from waste or biomass (cellulosic ethanol), recently announced that the company has entered into an agreement with Larson Engineering to begin engineering for Raven's proposed Mississippi biorefinery. The planned 33 million gallon per year biorefinery offers regional benefits, including lower feedstock and labor costs combined with strong state incentives. The project plan also includes an adjacent cogeneration facility to be developed in cooperation with local utilities. Having been involved with more than 50 ethanol and biofuels facilities throughout the United States, Larson Engineering will be…

WednesdayNov 19, 2008 11:28 am

Satcon Technology Corp. (SATC) Lands Major Samsung Contract

Satcon Technology Corporation, provider of renewable energy power conversion solutions, today announced a three-year agreement with Samsung to supply the power inverters for Samsung’s worldwide solar power plant projects. Under the agreement, Samsung will use Satcon PowerGateTM Plus inverters, and will also have the exclusive right to market and sell Satcon solutions in the rapidly growing Korean renewable energy market. Samsung will also provide maintenance and warranty services for Satcon in Korea. Samsung America President, K.D. Kim, said, “We have worked closely with Satcon on several utility scale solar projects, and we believe they provide the best quality and most…

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Month: November 2008