TuesdayApr 27, 2010 12:34 pm

Reflect Scientific, Inc. (RSCF.OB) Signs Letter of Intent with Resodyn to Manufacture and Distribute Ultra Low Temperature Freezers

Reflect Scientific, Inc., based in Orem, Utah – well known in the biotech, healthcare, industrial, and pharmaceutical markets as a provider of unique and innovative cryogenic cooling solutions – announced today the signing of a letter of intent with Resodyn Corporation to manufacture and distribute the RSCF Cryometrix ultra-low temperature (ULT) freezers. In relation to the letter of intent, which includes an initial upfront fee of $50k, Resodyn obtains an exclusive license agreement to manufacture and distribute the RSCF-branded, liquid nitrogen-based, ULT freezers. The Butte, Montana-based technology developer/manufacturer, which is focused on bringing ideas to market in its core operating…

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TuesdayApr 27, 2010 12:19 pm

Santa Clara Valley Bank (SCVE.OB) Posts Q1 Financial Results, Optimistic Outlook Despite Negative Economic Environment

Santa Clara Valley Bank (SCVBank) today posted its 2010 first quarter financial results, noting an expanding customer base despite the nation’s bleak banking outlook. SCVBank reported net interest income at $1,344,000 for the first quarter of 2010, an increase of 10 percent, or $124,000, over the $1,220,000 reported in the first quarter of 2009. The bank attributes the increase primarily to higher priced funding sources that were replaced by lower costing deposits. SCVBank posted a net loss for the first quarter of ($181,000) compared to a net loss of ($467,000) for the period a year earlier. The net loss in…

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TuesdayApr 27, 2010 10:35 am

Keyuan International Group Ltd. (SVPE.OB) Retains HC International as Demand Continues to Outpace Supply

Keyuan International Group Ltd., a leading Chinese petrochemical products producer, announced today that it has retained HC International, a premier China information investor resource, as its strategic investor relations advisor. HC will assist Keyuan in enhancing its corporate communications and visibility in the capital markets, and will advise the company in all facets of corporate and financial communications. Keyuan is wrestling with a problem common to many Chinese companies, an inability to meet the demands of a rapidly developing economy. Growing product demand, coupled with under-developed domestic production capacity, has led to a persistent supply/demand imbalance for refined petrochemical products…

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TuesdayApr 27, 2010 10:30 am

Green Planet Group (GNPG.OB) Reports $59.5 million in Fiscal 2010 Revenues

One company that has investors talking is the Green Planet Group. Located in Scottsdale, Arizona, Green Planet engages in ongoing research and development to create products and services that enhance the environment. Today, Green Planet announced revenues for the fiscal year totaling $59.2 million, a 647% increase over the previous year. Fourth fiscal quarter revenues rose by 75% to $10.7 million versus $6.1 million for the same period a year earlier. Leading the way at the Green Planet Group is Edmond L. Lonergan who serves as the President and CEO of the young company. When asked what these figures will…

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TuesdayApr 27, 2010 7:25 am

Simulated Environment Concepts, Inc. (SMEV.PK) Installs Flagship Product at Global Headquarters of Hyland Software

Simulated Environment Concepts, Inc., manufacturers of the high pressurized dry water massage and relaxation station SpaCapsule, announced today that its team has completed installation of the company’s flagship product at global headquarters of Hyland Software, one of the largest independent software vendors in the world of enterprise content management (ECM). The installation marks Simulated Environment’s expansion into the corporate market. "SpaCapsule enjoys excellent acceptance in many markets, including the Corporate Market or as we call it, 'the companies who care about their employees' market," stated Dr. Ella Frenkel, President and CEO of Simulated Environment Concepts, Inc. "Installation at Hyland Software…

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TuesdayApr 27, 2010 7:08 am

Is the QSTwit Community Following Your Tweets?

QualityStocks recently introduced QualityStocksTwits (“QSTwits”), a Web 2.0 site that collates Twitter’s investment discussions in real-time, enabling investors to track the web’s savviest investors as well as build their own following. QSTwits gathers data from Twitter on any company, big or small. With QSTwits, users can eavesdrop on what traders are talking about right now or contribute to the conversation and build their own reputation. It also allows anyone to search the Twitter universe for tweets relating to a particular stock and use Twitter’s features directly within the application. Investors will also be able to quickly see which stocks are…

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TuesdayApr 27, 2010 7:02 am

Newport Digital Technology, Inc. (NPDT.OB) Reports Success at RFID Journal Live! 2010 in Orlando, Florida

Today before the opening bell, Newport Digital Technologies, Inc. announced its successful participation in the RFID Journal Live! trade show held in Orlando, Florida. The event, hosted by more than 2,800 attendees, generated hundreds of quality sales leads, many of which represent immediate sales opportunities for NPDT's N37B RFID product offering. "We are focused on aggressively executing the sales effort, allowing us to maximize the sales potential for NPDT," stated Weiling Tsao, NPDT President. RFID Journal Live! is an avenue for companies to exhibit how to properly use Radio Frequency Identification (RFID) technology to improve operations by cutting costs, boosting…

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TuesdayApr 27, 2010 6:39 am

Transgenomic, Inc. (TBIO.OB) Appoints Katherine A. Richardson as New Technical Director

Yesterday, Transgenomic, Inc. announced that it has welcomed Katherine A. Richardson, Ph.D. as its new Technical Director for Laboratory Services. As part of her responsibilities, Dr. Richardson will manage the day-to-day operations of Transgenomic's Laboratory Services labs, and will report to Craig Tuttle, Transgenomic's president and CEO. "Dr. Richardson has an impressive background and we are pleased to welcome her to Transgenomic," said Mr. Tuttle. "She clearly has the stature and expertise in the scientific community we are looking for as we further develop our laboratory services business as well as very strong ties to pharmaceutical research which should help…

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TuesdayApr 27, 2010 6:37 am

Health Enhancement Products (HEPI.OB) Secures Funding Enabling the Company to File Investigational New Drug Application

Health Enhancement Products, Inc., a health and wellness company engaged in the development of products comprised of pure, all-natural compounds that can be used as dietary supplements and food additives, recently announced that it has secured a line of credit totaling $675,000. This credit line will be used as operating capital, and allow the company to begin a new phase of product research and development. In addition to this credit facility, Health Enhancement Products’ financial position has been improved by the exercise of outstanding warrants. The company intends to file an Investigational New Drug (IND) application with the Food and…

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