February 2010 - Page 2 of 28

FridayFeb 26, 2010 10:27 am

China VoIP & Digital Telecom, Inc. (CVDT.OB) Subsidiary Signs Contract with New Customer in China

The wholly-owned subsidiary of China VoIP & Digital Telecom Inc., Jinan Yinquan Technology Company Ltd., today announced that it has signed a virtualization agreement with Shandong Luneng Network Information Company Ltd. Shandong Luneng is a subsidiary of Luneng Group which is directly managed by the State Grid Corporation of China. It provides comprehensive IT services to the enterprises in the Shandong power supply system. Jinan Yinquan will implement an integrated virtualization solution and provide long-term support for the customer's data center. Yinquan will provide the customer with industry-leading technology in comprehensive data center solutions. Their sophisticated virtualization solution will help…

FridayFeb 26, 2010 10:21 am

MiMedx Group, Inc. (MDXG.OB) Announces Completion of New Branding Initiative and Launches New Website

MiMedx Group, Inc., an integrated developer, manufacturer and marketer of patent protected biomaterial-based products, recently announced that the company has completed its corporate/technology branding initiative and launched an updated website at www.mimedx.com. Established two years ago through a reverse merger, MiMedx Group, Inc. had been operating through its two subsidiaries, SpineMedica, LLC and MiMedx, Inc. In 2009, the company restructured its management and sales operations and consolidated under the MiMedx Group name. The company has received FDA clearance for its first durable hydrogel product, the HydroFix™ Vaso Shield indicated for use as a cover for vessels following anterior spinal surgery.…

FridayFeb 26, 2010 10:19 am

United America Indemnity Ltd. (INDM) Reports Profit and Book Value Growth In 2009

United America Indemnity Ltd. reported net income of $74.6 million, or $1.44 per share, for 2009. In 2008, the company lost $141.6 million, or $3.87 per share. United America Indemnity Ltd. also reported strong growth in book value for the year ending December 31, 2009. The company reported a book value of $13.76 per share, compared to $12.00 per share a year earlier. United America Indemnity Ltd. is an insurance company that provides property and casualty insurance and reinsurance through its three wholly owned subsidiaries Penn-America, United National, Diamond State and Wind River Reinsurance Company, Ltd. The company offers property,…

ThursdayFeb 25, 2010 4:31 pm

CitySide Tickets, Inc. (CIST.PK) to Be Featured on FOX Business Network Live

CitySide Tickets, Inc., which owns and operates a nationwide event ticket purchasing venue that caters to a diverse selection of popular theater, music and sporting events, today after the closing bell announced that its CEO, Michael DeAmicis, will be featured on FOX Business Live at 12:40 p.m. EST on Friday, February 26, 2010. According to the press release, Mr. DeAmicis will discuss why the company is executing its expansion strategy now, how the company is differentiating itself from the competition, and where he sees the business headed, among other topics. The interview will be available online shortly after the broadcast.…

ThursdayFeb 25, 2010 2:43 pm

SatMAX Corp. (SATM.PK) Details Communications Solutions Line

SatMAX Corp., located in Houston, TX, designs and manufactures advanced non-line-of-sight satellite communications solutions. Founded in 2001, the company’s products provide critical indoor satellite communications for the commercial and government markets. SatMAX’s products have been sold to corporate, commercial, and government organizations. With three innovative product lines, SatMAX has raised the bar in the communications solutions industry. Its SatMAX system enables Handset customers to make multiple concurrent and fully wireless satellite voice calls, while simultaneously allowing data connectivity from the safety of any indoor location. Its HeliSAT3 systems, a derivative of the SatMAX line, is employed in aircraft communication and…

ThursdayFeb 25, 2010 2:30 pm

Nutrition 21, Inc. (NXXI.OB) Announces Approval of Chromium Picolinate for Use in Dietary Supplements

Yesterday, nutritional ingredients developer, Nutrition 21, Inc., announced that chromium picolinate has been officially approved for sale in Canada. Nutrition 21 can now sell its Chromax® brand of chromium picolinate to Canadian manufacturers, marketers, and importers of natural health products. The substance will be sold as a natural health product, also known as a dietary supplement, as determined by Health Canada. "Chromium picolinate is now the only organically bound chromium approved for sale in U.S., European Union, and Canadian markets," stated William J. Levi, vice president, Ingredients and Special Markets. "We are delighted to be informed of the Canadian approval…

ThursdayFeb 25, 2010 2:26 pm

Weikang Bio-Technology Group Co., Inc. (WKBT.OB) is “One to Watch”

Weikang Bio-Technology Group Co., Inc. is a Chinese producer of Over-the-Counter (OTC) pharmaceuticals and traditional Chinese medicine (TCM) products. Trading on NASDAQ's OTCBB, the Company currently has 420 employees. With headquarters in Harbin, China, the company has production facilities in Harbin and Guiyang. Weikang Bio-Technology Company, Inc. received incorporation in Florida on May 12, 2004 as Expedition Leasing, Inc. On December 7, 2007, the Company acquired Sinary Bio-Technology Holdings Group, Inc. and Sinary's wholly owned subsidiary Heilongjiang Weikang Bio-Technology Group Co., Ltd., a limited liability company in China. Sinary, with no substantive operations that they conduct, through Heilongjiang Weikang engages…

ThursdayFeb 25, 2010 2:20 pm

NetSol Technologies, Inc. (NTWK) Stands Above The Crowd

There was a day when all a business needed to do in order to enter the computer age was buy an IBM computer and a hire a local programmer to grind out a handful of simple custom programs. Once the accounting and inventory clerks were taught how to use it, a business was on its way. Today, with the exponential growth of IT technology, it has become increasingly unrealistic for individual businesses, both small and large, to develop and manage the countless aspects of a modern IT operation by themselves. There are simply too many variables and too many decisions…

ThursdayFeb 25, 2010 2:16 pm

Energtek, Inc.’s (EGTK.PK) Adsorbed Natural Gas Technology has All the Answers

Energtek Inc. is a world leader in the development and commercialization of 'adsorbed natural gas' technology. The company has developed breakthrough natural technology which efficiently enables the increased use of natural gas in vehicle and industrial markets. What is the company's adsorbed natural gas technology about? Adsorption is the adhesion of molecules of liquids, gases and dissolved substances to the surface of a solid. The ability of a solid to adsorb depends on the chemical makeup of the solid and its physical structure. Activated charcoal, for example, has a very large surface area because of its porous nature. This gives…

ThursdayFeb 25, 2010 2:09 pm

ubroadcast, Inc. (UBCI.OB) Makes Major Acquisition

One company that is on the rise is ubroadcast, Inc. An interactive company, ubroadcast.com is unique in that it allows users to produce and broadcast LIVE and On Demand television as well as radio in high quality. Today, ubroadcast took a major step towards enhancing their future with the announcement that they have acquired IVu Media Corporation. IVu is a state-of-the-art software company that has developed a unique Video Content Management (VCM) System. The Alexandria, Virginia-based company uses utilizes the VCM System to work in a tandem with High Definition Playback technology which is an Internet broadcasting platform that has…

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Month: February 2010