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ThursdayJun 30, 2011 5:11 pm

Bio-Solutions Corp. (BISU) Makes New Appointment to Board of Directors

Today, Bio-Solutions Corp. announced that they appointed Mr. Mark S. Solomon to their Board of Directors. Mr. Solomon is a practicing attorney in Fort Lauderdale, Florida. He has more than 32 years of law practice experience. In addition, he sits on both the Florida and Federal Bar Association. Mr. Solomon will replace Mrs. Ghislaine St-Hilaire, whom, as of May 1, 2011 resigned from the Board as Secretary. Mrs. St-Hilaire will be joining a new start-up company; she will be intimately involved in the daily operations leaving no extra time for Bio-Solutions Board activities. Gilles Chaumillon, the President and CEO of…

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ThursdayJun 30, 2011 5:09 pm

Elite Pharmaceuticals (ELTP) Side-Steps Bankruptcy Threat, Posts Yearly Revenue Increase

Elite Pharmaceuticals Inc., a specialty pharmaceutical company dedicated to developing and commercializing oral controlled release products, today announced results for the fiscal year ended March 31, 2011. Total revenues increased 28 percent to $4.3 million compared to 2010 total revenues of $3.3 million. The company generated $1.6 million in positive cash flow, compared with negative operating cash flows of $1.4 million last year. Elite attributes the increases primarily to the manufacture, sale and lab services related to its Lodrane line of products, which were discontinued in April 2011 after the U.S. Food and Drug Administration ordered the removal of hundreds…

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ThursdayJun 30, 2011 4:47 pm

Scorpex, Inc. (SRPX) Takes on Mexico’s Growing Baja Peninsula

In much of Mexico, the rules for waste management are changing, reflecting a growing population, tourism, and industrialization. In an attempt to tighten up waste management regulations, the General Law for Waste Prevention and Waste Integral Management was published in the Official Federal Bulletin for Mexico, and it became clear that additional resources were needed to address Mexico’s most severe waste management problems. Nowhere is the subject of waste management more relevant than on Mexico’s Baja Peninsula, the long strip of land running 775 miles from the southern border of California south to Cabo San Lucas, dividing the Pacific Ocean…

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ThursdayJun 30, 2011 3:40 pm

GTX Corp. (GTXO) GPS Tracking Apps Crosses Over 1 Million Users

GTX Corp. is a leader in embedded real-time GPS tracking and personal location services. The company today announced that its LOCiMOBILE subsidiary's GPS Tracking Apps crossed over 1 million downloads with users in 116 countries. The GPS tracking app is a simple way to stay connected to a child, parent, friend or business associate. Users can quickly and accurately do so from a smartphone or internet ready device like the iPod, iPad or Android tablet, with the touch of a button. The company pioneered 2-way GPS tracking technology over 9 years ago and defined a whole new category of location-based…

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ThursdayJun 30, 2011 1:43 pm

Attunity Ltd. (ATTUF) Chosen to Provide Real-Time Business Intelligence Solutions for Scalability Experts

Attunity Ltd., a provider of software for real-time data integration and event capture applications worldwide, has announced that it has been chosen by Scalability Experts as a solution partner to deliver affordable, turn-key data integration and BI solutions leverage the award-winning software for data integrations and real-time Change Data Capture (CDC) technology offered by Attunity. Scalability Experts will be able to further accelerate, simplify, and allow for real-time integration of data in order to increase the performance of its customers’ operations and their return on investment (ROI). Customers in mixed IT environments will be able to benefit from Attunity’s data…

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ThursdayJun 30, 2011 1:41 pm

CUI Global, Inc. (CUGI) Retains Merriman Capital (MERR) to Advance Market Opportunity

CUI Global Inc., a platform company dedicated to the acquisition, development, and commercialization of new, innovative technologies, today announced that Merriman Capital Inc. will head-up CUI’s investment banking strategy and assist the company in up-listing to a national exchange. William Clough, president and CEO of CUI, said that CUI has achieved significant milestones that have positioned and prepared the company to transform those achievements into greater shareholder value. The company’s first step in advancing its position was engaging professional assistance from Merriman Capital. “The retention of this nationally recognized investment banking firm, coupled with our recent engagement of the Liolios…

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ThursdayJun 30, 2011 1:39 pm

Vista Gold Corp. (VGZ) Reports on Australian Drilling Program

Vista Gold Corp. reported the initial results of an exploratory drilling program at the company’s gold property in Australia. In 2010, Vista Gold initiated a bankable feasibility study at the Mt. Todd project, located in Northern Territory, Australia. The company is investigating whether gold can be produced in commercial quantities from the Batman deposit at the site. The first phase of this study involved drilling ten holes into the Batman deposit, and obtaining 5,740 meters of samples. The samples were then sent to ALS-Chemex, Genalysis Laboratory Services and North Australia Laboratories for multiple assay tests. Vista Gold reported that the…

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ThursdayJun 30, 2011 1:37 pm

China Botanic Pharmaceutical Inc. (CBP) Receives Patent for Siberian Ginseng Extraction Process

China Botanic Pharmaceutical Inc. is a company on the rise. Located in Harbin, China, this young company has quickly earned a reputation for their research, development, manufacturing, and distribution of botanical products and bio-pharmaceutical products. Today, China Botanic took a major step towards prominence with announcement they have been granted a patent from the State Intellectual Property Office of the People’s Republic of China for its Siberian Ginseng. The patent is No. ZL200710301682X and will not only protect the Siberian Ginseng (Acanthopanax) but will also protect the resulting Siberian Ginseng extracts and their application will provide market exclusivity for a…

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ThursdayJun 30, 2011 1:00 pm

Callidus Software Inc. (CALD) Partners with Mapping Analytics to Provide a New Paradigm in Sales Performance Management Software/Service

Callidus Software, a top market and tech leader in Sales Performance Management (SPM) via Software-as-a-Service (SaaS) applications, reported today that the Company has officially partnered (signed in Q2) with makers of the revolutionary ProAlign® Sales Territory Alignment and Optimization solution, Mapping Analytics. Senior VP of Marketing at CALD, Lorna Heynike, laid it all out very clearly, stating that the key to optimal sales performance is the ability to blanket a market and provide total coverage. Heynike asserted that the Mapping Analytics partnership is wholly consistent with this objective as CALD will now be able to vastly extend the Company’s Monaco…

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ThursdayJun 30, 2011 9:43 am

Inovio Pharmaceuticals (INO) Prostate Cancer Vaccine Shows Success in Primate Trial

Inovio Pharmaceuticals Inc., a leading developer of therapeutic and preventive vaccines, today announced that its SynCon ™ therapeutic DNA vaccine (INO-5150) for prostate cancer demonstrated positive immune responses in monkeys. The company said the results support similarly strong, antigen-specific and sustainable T cell levels in previously reported data from earlier animal studies. Inovio said the new data reinforces its plan to a start phase I clinical trial for INO-5150 by the middle of next year. Dr. J. Joseph Kim, Ph.D., president & CEO of Inovio, emphasized the potential of the vaccine in human models. "The immune response data achieved by…

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