July 2011 - Page 6 of 27

TuesdayJul 26, 2011 10:50 am

Security Business Bancorp (SBBC) Enjoys a Profitable Year to Date

San Diego-based Security Business Bancorp was formed by a group of area business leaders whose goal was to bring local decision-making, community specialization, and personalized service to business banking. The company's particular focus is developing products and services to meet the needs of small to medium-sized businesses. The company and its operating subsidiary, Security Business Bank of San Diego, today announced its unaudited 2011 second quarter earnings. It has had a banner year to date. Among the positive second quarter highlights for Security Business Bancorp are core deposits growth of 13.9 percent to $185.1 million, assets growth of 10.9 percent…

TuesdayJul 26, 2011 9:10 am

SilverSun Technologies, Inc. (SSNT) Announces Stanley Wunderlich Joins Board of Directors

SilverSun Technologies, the premier total solutions provider specializing in business software for the small and medium-sized business market, announced today that Stanley Wunderlich has been appointed to its Board of Directors as an independent director. Mr. Wunderlich has had a long and distinguished career of more than 40 years on Wall Street. He is the founding partner of CFSG1, a leading consulting firm that specializes in investor and media relations, corporate development, and the formation of capital for early-growth stage companies. A specialist in corporate development, he has participated in numerous initial public offerings, private placements of equities and institutional…

TuesdayJul 26, 2011 8:21 am

Support Save Solutions, Inc. (SSVE) is “One to Watch”

Support Save Solutions, Inc. is a Business Process Outsourcing (BPO) services provider. The Company supports an array of remotely manageable processes. These include contact center and industry specific back-office functions. They offer broad offshore delivery experience and have a deep understanding of the Philippines labor market. Incorporated in 2007, Support Save Solutions, Inc. lists on the OTC Bulletin Board. The Company was founded in 2004 to meet the needs of small and mid-sized businesses. Their goal was to create a business model that made outsourcing affordable for businesses of any size. They provide offshore BPO services primarily to United States…

TuesdayJul 26, 2011 8:10 am

Simulated Environment Concepts, Inc. (SMEV) Begins Reducing Authorized Shares

Simulated Environment Concepts, Inc., the manufacturer and developer of medical, aesthetic, weight loss, wellness, and slimming equipment, announced that it has officially began the first phase of the recently announced authorized share reduction plan. Authorized shares have now been reduced by two billion shares with the second phase targeting an additional 4 billion shares. Dr. Ella Frenkel, President, CEO and Co-Founder of Simulated Environment Concepts (SE Concepts) stated, "The first phase of our plan provided room to make an initial reduction of nearly 20% in authorized shares. As we continue rolling through the auditing processes to completion, we will be…

MondayJul 25, 2011 6:07 pm

Mikros Systems Corporation (MKRS) Receives $3.1 Million Order from U.S. Navy for 36 ADEPT Units

Mikros Systems Corporation (MKRS), a technology company that specializes in the research and development of electronic systems technology primarily for military applications, has announced a new order from the U.S. Navy to construct 36 additional Adaptive Diagnostic Electronic Portable Testset (ADEPT) units. Per terms of the order, Mikros will be delivering the 36 ADEPT units to U.S. Aegis Cruisers and Destroyers over a period of the next 6-8 months. "We are proud to provide a very capable product that helps ensure these important Navy ships are always ready for their missions," stated Tom Meaney, Mikros' President. "The capabilities of the…

MondayJul 25, 2011 6:04 pm

NanoViricides (NNVC) achieves Positive Clinical Results for Lead anti-HIV Candidate

NanoViricides Inc. today announced that in a recent animal study, the company’s lead anti-HIV nanoviricide candidate demonstrated efficacy equivalent to a highly active anti-retroviral therapy (HARRT) drug cocktail, a combination therapy often recommended as initial therapy in humans with HIV. The study demonstrated that NanoViricides’ lead anti-HIV nanoviricide successfully reduced HIV levels and protected human T cells in a manner consistent with the HAART cocktail. The company said it believes its candidate differs from current components of HAART therapy on a cellular level that would complement and enhance various HAART regimens. While there is no cure for HIV, NanoViricides said…

MondayJul 25, 2011 5:49 pm

BioSolar, Inc. (BSRC) Announces Intention to Uplist Their Shares

On Monday, BioSolar, Inc. announced their intention to uplist their shares to trade on a senior U.S. stock exchange. The Company is the developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic (PV) solar modules. Dr. David Lee, BioSolar, Inc.'s Chief Executive Officer, commented, "Graduating to a senior stock exchange is the next logical step in our company's growth and will allow us to gain exposure and be recognized by a broader segment of the investment community. We have observed that a number of companies that up-listed to senior stock…

MondayJul 25, 2011 1:28 pm

Scorpex, Inc. (SRPX) Announces Additions to Board of Directors and Executive Team

Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, announced the appointment of Kenneth I. Denos to its Board of Directors, and Chene Gardner as interim Chief Financial Officer who will also serve on the Board of Directors. Furthermore, both individuals will be part of the audit committee, sharing in the responsibility of overseeing the audit preparation. Kenneth Denos brings with him extensive top management experience as he has served as the Chief Executive Officer of numerous successful companies, both public and private, including Equus Total Return, Inc., SportsNuts, Inc., MCC…

MondayJul 25, 2011 1:15 pm

Vision Industries (VIIC) Delivers the World’s First Zero-Emission Electric Truck

Vision Industries Corporation is a developer of zero-emission electric/hydrogen hybrid powered vehicles and turnkey hydrogen fueling systems. The company's proprietary electric/hydrogen hybrid drive system combines the superior acceleration of a battery powered electric vehicle with the extended range provided by a hydrogen fuel cell. The company on July 22nd delivered the world's first zero-emission hydrogen fuel cell-electric Class 8 truck to Total Transportation Services Inc. The vehicle is an electric truck with a battery recharged by a hydrogen fuel cell which generates electricity from a reaction of hydrogen and oxygen. There is no combustion and no air pollution. The only…

MondayJul 25, 2011 1:14 pm

Gravis Oil Corporation (GRAVD) Reports on Heavy Oil Project in Missouri

Gravis Oil Corporation (GRAVD) issued an operational and financial update on the company’s oil and gas operations in the United States. The company is active in several projects in Kentucky, Missouri, Kansas, and Montana. Gravis Oil Corporation started steam injection operations at its heavy oil play at the Grassy Creek project in Missouri in May 2011. The project has one injection well and six producing wells. Gravis Oil Corporation has installed surface and downhole oil and gas equipment at the project site to lower costs, increase production and reduce maintenance down time. The company expects to continue to use advanced…

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Month: July 2011