TuesdayMay 25, 2010 12:10 pm

Azure Dynamics Corp. (AZD.TO; AZDDF.PK) Announces 18-unit Order for Hybrid Electric Buses

Azure Dynamics Corp., www.azuredynamics.com – a global leader among hybrid electric and electric components manufacturers, as well as commercial vehicle power train production, today announced the order of 18 of the Company’s Balance™ Hybrid Electric shuttle buses by the North Central Texas Council of Governments (NCTCOG). Targeted for deployment into the north-central (Dallas/Fort Worth) Texas rural transit system, the purchase of these units will be funded via a grant from the American Recovery and Reinvestment Act of 2009 Transit Capital Assistance program, and was the result of a successful bid by a partnership between the Company, StarTrans Bus, and Lasseter…

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TuesdayMay 25, 2010 12:04 pm

Micro Identification Technologies, Inc. (MMTC.OB) Bests the Competition in Speed, Cost, and Accuracy

Micro Identification Technologies Inc. offers something that is entirely unique in the medical world: the only general non-biological system for identifying pathogenic microbes known to exist. They invented it, perfected it, patented it, and now sell it as the MIT 1000. However, the fact that their product is one-of-a-kind is not its most important quality. The most important aspect of the MIT 1000 is what it can do, specifically its remarkable ability to identify various species of pathogenic bacteria in a tiny fraction of the time required by all other traditional identification methods, through the innovative use of laser light.…

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TuesdayMay 25, 2010 11:57 am

ICE Corp. (ICMC.OB) Announces Its Next Generation Transaction Authentication System

Singapore-based Intelligent Communication Enterprise Corp. ("ICE Corp") offers a range of innovative mobile marketing solutions and communications technologies. The company announced today that it has successfully completed the installation of its new iCEmat (ICE Mobile Authentication Technologies) authentication platform. This platform is a more advanced version of the previously known PIVOT system. The company will launch commercial operation of iCEmat in August 2010 and will host and operate the application from Singapore. The platform is targeted primarily at preventing credit card fraud in 'card not present' transactions. Research shows that credit card fraud cost consumers and merchants $48 billion in…

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TuesdayMay 25, 2010 11:51 am

OSI Systems Inc. (OSIS) Security Division Wins $3M Contract for Two Major Airlines

OSI Systems Inc., a provider of electronic products for the security and healthcare industries, today announced that its security division, Rapiscan Systems, has been awarded an initial $3 million contract to supply air cargo inspection systems to two major international airlines. Per the agreement, Rapiscan Systems will supply cargo screening systems to the airlines to help them meet Transportation Security Administration’s (TSA) Certified Cargo Screening Program (CCSP) regulations. “We are pleased that both these airlines have selected Rapiscan Systems as their security screening solution provider. With over 15 years of experience serving the aviation market, we believe we offer air…

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TuesdayMay 25, 2010 11:50 am

International Stem Cell Corp. (ISCO) Announces Update on Efforts to Establish Strategic Alliances

International Stem Cell Corp. today released an update regarding significant progress made on its international development strategy for stem cell-derived human corneal tissue, which can serve as a replacement for cadaver-derived corneas and to eliminate the use of live animals in safety testing of drugs, chemicals and consumer products. ISCO’s senior management team recently traveled to Asia and Europe to research and convene with a group of integrated eye hospitals and ophthalmology research institutions. The team also met with potential sources of research funding, including India-based Sankara Nethralaya (www.sankaranethralaya.org), a leading non-profit clinical and research organization focused on the treatment…

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TuesdayMay 25, 2010 11:48 am

WindTamer Corp. (WNDT.OB) Retains Dr. Kenneth D. Visser as a Technical Consultant

WindTamer Corp. is a developer and manufacturer of a patented new wind turbine technology. The company announced today that it has retained Dr. Kenneth D. Visser as a technical consultant. Dr. Visser is the director of the Center for Sustainable Energy Systems and an associate professor in the Department of Mechanical and Aeronautical Engineering at Clarkson University in Potsdam, New York. Dr. Visser completed his PhD at the University of Notre Dame. His post-doctoral work was performed under the auspices of the National Research Council at the NASA Langley Basic Aerodynamic Research Tunnel (BART). Dr. Visser was subsequently employed by…

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TuesdayMay 25, 2010 9:20 am

Ad Systems Communications, Inc. (ADSY.OB) Increases UTAH DMA Market Share with the Signing of Centra Telecom

One company that is starting to pick up momentum is the Wendover, Nevada-based Ad Systems Communications. Ad Systems Communications provides quality advertising inventory for all the major cable television networks such as ESPN, MTV and Fox News by deploying its patent pending insertion and streaming media technology into the cable, satellite and IP television markets. Today, Ad Systems Communications took a major step towards enhancing their future with the announcement they have increased their Utah DMA market share. Ad Systems increased their Utah DMA market share by an entire 6.35%. This goal was accomplished by the young company singing the…

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TuesdayMay 25, 2010 9:10 am

Clear Channel Outdoor Holdings, Inc. (CCO) Appoints Marty Shapiro as New VP-General Sales Manager

Yesterday, Clear Channel Outdoor Holdings, Inc. announced that it has welcomed a new Vice President, General Sales Manager for its outdoor branch, Marty Shapiro. Effective immediately, Shapiro will oversee Clear Channel Outdoor's inventory throughout New York's five boroughs, Westchester County, Hudson Valley and the New Jersey Digital Outdoor Network. He will be reporting to Harry Coghlan, President and General Manager of the New York division. Commenting on his new colleague, Coghlan remarked, "We are very excited to have someone with Marty's long and diverse media sales background join the Clear Channel Outdoor team. His experience and expertise will help take…

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TuesdayMay 25, 2010 9:05 am

Congress to Vote on $11 Billion Oil Tax Increase to Clean up Spills

In an effort to clean up the massive BP oil spill, Congress is set to vote on a tax increase to finance the imitative. The new bill would quadruple a tax on oil to 32 cents a barrel, raising approximately $11 billion over the next decade. This tax would be levied on oil produced in the U.S. or imported from foreign countries. Under terms of the bill, the revenue would go to a fund managed by the Coast Guard to help pay to clean up spills in waterways, including the Gulf of Mexico. There has been little public opposition to…

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TuesdayMay 25, 2010 9:00 am

China Organic Agriculture, Inc. (CNOA.OB) Announces Financial Results for First Quarter

China Organic Agriculture, Inc. announced yesterday their financial results for the first quarter ended March 31, 2010. First Quarter 2010 results include revenue of $32.4 million. This represents a decrease from $36.7 million in the first quarter of 2009. Gross profit was $8.2 million, compared to $8.4 million in the first quarter of 2009. Net income attributable to the Company's shareholders in the first quarter of 2010 was $3.0 million. Fully diluted earnings per share in the first quarter of 2010 were $0.04. This is in comparison to $0.05 in the first quarter of 2009. China Organic Agriculture, Inc. acquired…

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