December 2010 - Page 10 of 29

MondayDec 20, 2010 9:57 am

Universal Detection Technology (UNDT.OB) Enters Brazilian Distribution Agreement

Located in Los Angeles, California, Universal Detection Technology has earned a stellar reputation as a developer of threat monitoring technologies, which include bioterrorism detection devices. Today, UNDT took another step forward by entering into a distribution agreement with the Brazil-based ORMAX Tecnologia em Seguranca. The San Paulo based ORMAX specializes in all aspects of safety and security business, residential, perimeter, personnel, intelligence and counterintelligence products. ORMAX and UNDT today announced that ORMAX will distribute UNDT’s Biological, Chemical and Radiation Detection Equipment in Brazil, which has been named the site for the 2014 World Cup and 2016 Summer Olympics. UNDT’s biodetection…

MondayDec 20, 2010 9:08 am

Gran Tierra Energy Inc. (GTE) Issues 2011 Oil and Gas Budget

Gran Tierra Energy Inc. announced the company will spend $299.2 million in 2011 on its oil and gas program. The funds will be used for exploration and development on the company’s properties in South America, including Colombia, Peru, Argentina and Brazil. Gran Tierra Energy Inc. plans to spend $146.9 million on drilling and completion of oil and gas wells. This capital will cover the drilling of twenty one wells during 2011. The company has allocated the majority of this capital for its program in Colombia, where it plans ten wells in 2011. Gran Tierra Energy Inc. also plans to drill…

MondayDec 20, 2010 9:01 am

Fero Industries, Inc. (FROI.OB) Ships the First Delivery of 20,000 Retail Packages of Sucanon® to Merck S.A. de C.V.

Fero Industries, Inc. announced that they processed and shipped the first delivery of 20,000 retail packages of Sucanon® to Merck S.A. de C.V. for distribution in Mexico. The initial shipment of 20,000 retail packages represents the minimum monthly purchase commitment from Merck S.A. de C.V. for the Mexico market. Each retail package of 60 tablets is the equivalent of a one-month patient supply. Upon receipt of the initial delivery, Merck S.A. de C.V. doubled their scheduled order. Merck requested that the Company deliver an additional 20,000 retail packages prior to the end of this month. Sucanon® is one of only…

MondayDec 20, 2010 8:59 am

RXi Pharmaceuticals Corp. (RXII) Announces Product Candidate to Reduce Surgical Scarring

RXi Pharmaceuticals Corp., a leader in RNAi-based therapeutic discovery and development, recently announced RXI-109 as its first RNAi therapeutic product candidate to advance into development. RXI–109 is a self-delivering RNAi compound designed to reduce dermal scarring in planned surgeries. The company notes scar prevention and reduction as an unmet therapeutic medical need with a potential market of up to $4 billion a year. Anti-scarring, or anti-fibrotic treatments, are being developed to not only address the cosmetic issues of scarring, but also to treat other medical conditions where excess scarring and/or fibrosis may occur, and might possibly be painful. “Dermal anti-scarring…

MondayDec 20, 2010 8:48 am

National Automation Services, Inc. (NASV.PK) Strategically Aligned with Nationally Recognized Regulatory Organizations

National Automation Services Inc. has established itself as a leader in process controls and systems integration, developing strong working relationships with Siemens, Allen-Bradley, and Underwriter Laboratories. By aligning itself with nationally recognized regulatory bodies, National has generated unsurpassed marketplace credibility and product compliance integrity. As such, the company is viewed as meeting the highest standards in industrial performance. From a more detailed technical perspective, National’s corporate resume covers all of the right keywords and project experience, focusing primarily on water/wastewater processing, substation automation, motion control, chemical delivery systems, and semiconductor and pharmaceutical production. • SCADA (Software Control And Data Acquisition),…

FridayDec 17, 2010 4:50 pm

Solar EnerTech Corp. (SOEN.OB) Reports Fourth Fiscal Quarter Results

Solar EnerTech Corp. reported large year over year increases in sales and shipments of solar modules in the fourth quarter of fiscal 2010, ending September 30, 2010. The company attributed the strong results to organic growth in demand and initial orders from new customers in all geographic areas. Solar EnerTech Corp. said that shipments of solar modules totaled 9.86 megawatts in the fourth quarter of fiscal 2010, up 87% from the 5.25 megawatts in shipments made in the same quarter in fiscal 2009. Sales also increased in the fourth quarter of fiscal 2010, reaching $18.2 million in the quarter, up…

FridayDec 17, 2010 2:29 pm

Boca Raton Town Center Mall Gets America’s First “GOLD to go™ ATM” through PMX Communities (PMXO.OB) and Opens Flagship Ulysse Nardin Boutique

The Town Center Mall in Boca Raton, Florida has a reputation as being a mall with fine retail stores. PMX Communities, Inc. saw its wholly-owned subsidiary, PMX Gold LLC, launch America’s first “GOLD to go™ ATM” this week at the Mall. The high tech machine, which is owned by Germany’s Ex Oriente Lux AG, functions like a vending machine, only it doesn’t dispense soda or candy bars; it dispenses gold bars and coins. The machines that serve up newly minted, .999 Pure Credit Suisse Gold Bullion Bars and U.S. minted American Eagle Gold Coins, are currently operational in twelve locations…

FridayDec 17, 2010 2:10 pm

Mountain Lake Resources Inc. (MOA.V) Reports Excellent Mineralization Data at Leprechaun Deposit, Steps up Drilling

Mountain Lake Resources, www.mountain-lake.com – the strategically diversified mineral exploration and development firm, reported excellent data yesterday from an updated and now complete NI 43-101 resource estimate on the Leprechaun Gold Deposit. The data indicates clear open pit potential for the deposit, making it the first measured and indicated resource to be developed within the highly prospective, 30km strike length, Valentine Lake Gold Property, located in central Newfoundland. The deposit falls in the southwestern portion of the property and its development represents a major milestone for Valentine Lake as a whole. President and CEO of Valentine Lake operator Marathon Gold…

FridayDec 17, 2010 2:01 pm

EcoloCap Solutions (ECOS.OB) Inks Strategic Biodiesel Industry Partnership

EcoloCap Solutions Inc. operates through its subsidiaries to provide alternative energy products. The company today announced it has signed a contract with Triad Constructors Inc. in which EcoloCap will use Triad's network for the sales, distribution, installation and commissioning of the new NPW biodiesel processing units sold throughout North America. Triad is a Missouri-based company focused on biodiesel production and related renewable fuels. EcoloCap attributes Triad’s management’s experience in the biodiesel industry as its primary reason for selecting the company for a partnership. Triad President Mark Johnston has more than 30 years of experience in industrial construction, with the last…

FridayDec 17, 2010 1:47 pm

National Automation Services, Inc. (NASV.PK) Provides Investment Community with Operations Update

National Automation Services, Inc. today announced that it has entered into an agreement with the City of Tucson to extend its contract for the fabrication of Station, Well, and Air Compressor Control Panels. Tucson Water serves approximately a million people within a 350 square mile service area. Dayv Marlow, Vice President of Sales & Marketing, stated, "This is the third contract extension offered by the City of Tucson to NAS. I am very proud of my company's results in putting forth the effort to maintain ongoing relationships as well as we do. I look forward to many more years of…

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Month: December 2010