ThursdayApr 07, 2011 7:34 am

Arrowhead Research Corp. (ARWR) Subsidiary Ablaris Raises $2.9M for Phase I Clinical Trial

Arrowhead Research Corp., a nanomedicine company focused on development programs in oncology, obesity and regenerative medicine, yesterday announced that majority-owned subsidiary Ablaris Therapeutics Inc. has completed a second closing of its Series A financing round to raise gross proceeds of $1.2 million; to-date the company has achieved total gross proceeds of $2.9 million. Arrowhead launched Ablaris in December 2010 to commercialize the innovative weight loss technology platform developed by Drs. Wadih Arap and Renata Pasqualini at MD Anderson Cancer Center. Arrowhead holds a 64 percent ownership in Ablaris, which is developing and commercializing a suite of drug candidates to address…

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ThursdayApr 07, 2011 7:14 am

Tivus, Inc. (TIVU) to Take Part in the National Association of Broadcasters 2011 NABshow

Today before the opening bell, Tivus, Inc. announced it will be attending the National Association of Broadcasters (NAB) NABShow® conference held from April 9-14, 2011, at the Las Vegas Convention Center in Las Vegas, Nevada. "With more than 90,000 industry professionals attending, the NAB show represents $35 billion in purchasing power," commented Shiva Prakash, Tivus' president and chief executive officer. "During the show and conference, we have several high-level meetings planned with Las Vegas hoteliers as well as new content and service providers." "For more than 85 years, the NABShow has been an essential destination for broader-casting® professionals who share…

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ThursdayApr 07, 2011 7:11 am

True 2 Beauty Inc. (TRTB) to Launch First Nationwide Television Commercial

True 2 Beauty Inc., a leading distributor of sexual potency pills and liquid products in the United States, was excited to announce today that it will begin running a direct response television commercial on 5 different cable networks. The company will carefully evaluate the market's reception to a free sample program promoted online in the past. True 2 Beauty has observed more than 20% conversions into larger ongoing orders for Libigrow products. "We have downsized and slightly watered down a previous spot created for the company for the purpose of online advertising. This new 30 second spot, which will run…

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WednesdayApr 06, 2011 4:23 pm

NetSol Technologies Inc. (NTWK) Signs 3-year Agreement with TCS Pakistan Divisions

NetSol Technologies Inc., a provider of global business services and enterprise application solutions to private and public sector organizations worldwide, has inked a three-year, multimillion-dollar deal with TCS Private Ltd. (TCS), Pakistan's leading express and logistics provider. Per the agreement, NetSol will develop a customized operations management IT solution. The solution will serve as the IT blueprint for several of TCS' core business divisions in Pakistan. NetSol will retain the global rights to market the logistics solution outside of Pakistan, though both partners may later engage in a global joint venture. In addition, NetSol will remain the preferred technology partner…

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WednesdayApr 06, 2011 2:22 pm

International Sales Drive Viking Systems (VKNG) Q1 Forecast to Record Numbers

Viking Systems Inc., a leading worldwide developer, manufacturer and marketer of 3D and 2D visualization solutions for complex minimally invasive surgery, today announced it expects to report record sales for the first quarter ended March 31, 2011. Viking said it anticipates it will report revenues in excess of $3.0 million, a more than 50 percent increase compared with $1.9 million in revenue reported for last year’s first quarter, and more than a 30 percent sequential increase over the fourth quarter of 2010. The company bases its positive expectations on its processing of 22 orders of its recently released 3DHD Vision…

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WednesdayApr 06, 2011 1:45 pm

Artificial Life, Inc. (ALIF) Exceeds 58 Million Downloads for Games and Mobile Apps

Artificial Life, Inc., a company that develops, markets, and retails software applications and technologies for wireless communications and mobile devices around the world, recently announced its current title sales, download figures, and important ranking statistics for its feature phone and smartphone apps. As of March 31, 2010, Artificial Life has amassed over 58 million downloads, which include downloads for the iPhone/iPod touch, iPad, Android, Java, and Windows Phone 7. The top title alone has been downloaded more than 7.45 million times, with the second and third largest gaining 3.63 million and 3.61 million downloads respectively. The average number of downloads…

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WednesdayApr 06, 2011 1:39 pm

Far East Energy Corp. (FEEC) Reviews Excellent New Independent Report on its Shouyang Block Gas Property in China

Far East Energy, www.fareastenergy.com – the Houston, TX-based oil and gas developer, with satellite offices in Beijing, Kunming, and Taiyuan, which has a specific focus on coal bed methane (CBM) in China, announced the results today of an independent report on the Company’s 485k-acre Shouyang Block in Shanxi Province. The report, which can be found on the Company’s website, was compiled by Netherland, Sewell & Associates, Inc. (NSAI) and is compliant with the 2007 Petroleum Resources Management System approved by the Society of Professional Engineers. The report contains a great deal of information and estimates (as of Dec. 31, 2010)…

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WednesdayApr 06, 2011 1:09 pm

Beacon Equity Research Featured Company: Save the World Air, Inc. (ZERO)

Save the World Air, Inc. ("STWA") is committed to exploring and developing energy efficient technologies to use on a global scale. With a focus on petroleum, STWA provides turnkeys solution to make petroleum transport providers and wholesalers more efficient and profitable. The company offers a variety of products and services of interest to energy, transportation, and governmental bodies. AOT™ technology presents the energy production industry with technology to enable increased throughput from existing pipelines. In support, STWA™ ELEKTRA™ technology presents heavy industry, military, and fleet transportation with a method by which to improve fuel atomization, increasing fuel burn efficacy. Both…

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WednesdayApr 06, 2011 1:08 pm

Beacon Equity Research Featured Company: TurkPower Corp. (TRKP)

TurkPower Corp. focuses on the up-and-coming Turkish energy market while providing consulting services and other turnkey business solutions to its clients. TPC services domestic and international clients and acts as a full service operator for wind, hydro, solar and geothermal energy parks in Turkey. TurkPower Consulting offers the gamut of consulting services to its clients within the Turkish energy sector. Their consulting services range from design to management, and include services such as project and resource assessments and engineering assessments. The talented team of individuals, spearheaded by CEO Akyut Ferah, brings years of experience and a proven track record of…

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WednesdayApr 06, 2011 9:32 am

UnionTown Energy Inc. (UTOG) Completes Purchase of 7,000 Acre Property in Montana

UnionTown Energy Inc. is a company focused on the acquisition, exploration, development and production of oil and natural gas properties throughout North America. The company announced today that it completed the purchase of the Musselshell Property in Montana. This property is an approximate 7,000 acre central Montana site that straddles the Heath and Amsden shale formations. Under the terms of the original acquisition agreement, UnionTown was to issue 10 million restricted common shares and 1 million preferred shares which held only voting rights. This agreement was amended on April 5th to replace the preferred shares option with a grant of…

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