June 2012 - Page 7 of 18

ThursdayJun 21, 2012 8:47 am

ATP Oil & Gas Corp. (ATPG) Closes $35 Million Private Placement

ATP Oil & Gas announced that it has completed a private placement consisting of a $35 million unsecured convertible note, as well as a warrant to purchase shares of ATP common stock. The note accrues interest at the rate of 8.0% per year, and matures December 20, 2013. Principal and interest are payable in four quarterly installments. ATP can choose to pay the installments in cash, shares of company’s common stock, or a combination of the two. The note can be converted at the discretion of the holder, in whole or in part, at any time into shares of ATP’s…

ThursdayJun 21, 2012 8:39 am

Remark Media, Inc. (MARK): SharecareNow Names Top 10 Influencers of Online Fitness Conversation

Yesterday, Sharecare, through its SharecareNow website, announced the “SharecareNow 10 – Fitness” list, which recognizes the ten most influential people driving fitness conversation online. The list includes individuals from celebrity personal trainers to television personalities to bloggers, and is compiled with the goal of pushing the online public towards better health. SharecareNow is an online social media platform centering on the Q&A format. The site allows users to gain information on health and wellness by making available information on relevant articles, and allows healthcare professionals and brands to gather and utilize data and best practices. Sharecare was created by Jeff…

WednesdayJun 20, 2012 3:21 pm

Telkonet’s (TKOI) EcoSmart Solution Installed in Hyatt Place, Waikiki, Honolulu

Telkonet, a U.S.-based energy management technology provider worldwide, today announced that company partner Pacific Energy Services & Facilities, Inc. has completed the sale and installation of an EcoSmart energy management solution at the 426-room Hyatt Place - Waikiki in Honolulu, Hawaii. The installation marks the first usage of Telkonet’s EcoRemote energy management platform, an infrared transmitter designed to operate any remote-controlled HVAC unit with a wall thermostat. The EcoRemote also incorporates and enables Telkonet’s patented Recovery Time™ technology that maximizes energy savings in an unoccupied room. Pacific Energy installed the EcoRemote system inside mini-split HVAC systems at the Hyatt Place…

WednesdayJun 20, 2012 3:18 pm

AcelRx Pharmaceuticals, Inc. (ACRX) Granted First U.S. Patent Relating to Sublingual Sufentanil NanoTabs

AcelRx Pharmaceuticals announced today that the U.S. Patent and Trademark Office (USPTO) has issued AcelRx Patent Number 8,202,535, titled “Small-Volume Oral Transmucosal Dosage Forms.” The patent details a method for treating pain by administering a small-volume solid tablet that contains sufentanil by adhering to the oral mucosa. The patent will give intellectual property protection for sufentanil NanoTab-based products until late 2030. This newly issued patent is an important addition to AcelRx Pharmaceuticals’ patent portfolio, strengthening the company’s ability to protect its proprietary technology in the U.S. The company remains dedicated to the continued expansion of its patent portfolio as it…

WednesdayJun 20, 2012 3:15 pm

Rand Worldwide’s (RWWI) IMAGINiT Technologies Authorized for Autodesk PLM 360 Specialization Designation

IMAGINiT Technologies, a division of Rand Worldwide, Inc., a global provider of technology solutions to organizations with engineering design and information technology requirements, is one of the first partners to receive the exclusive Autodesk PLM 360 Specialization designation in both the United States and Canada. IMAGINiT underwent and passed rigorous product, technical and implementation training, and testing, which authorized the company’s team to sell, implement, and launch its clients’ Autodesk PLM 360 solutions. “With two decades of experience in data management and business process optimization and now receiving the Autodesk PLM 360 Specialization designation, IMAGINiT is qualified to analyze their…

WednesdayJun 20, 2012 12:48 pm

Pershing Gold Corp. (PGLC) Secures $4M Private Placement, Will Develop Nevada Gold Acreage

Pershing Gold, the precious mineral developer with an established acreage footprint in Pershing County, at the heart of mining-friendly Nevada, which has the second largest gold reserves on earth (only South Africa has more and it’s far easier to do business in NV), reported securing a huge private placement deal today, totaling $4M in gross proceeds. The deal has two primary components: • A purchase by Coeur d'Alene Mines Corp. of 10.937M shares of PGLC at $0.32/share • And a purchase by existing PGLC shareholder, Dr. Phillip Frost, in conjunction with the Coeur purchase and executed via Frost Gamma Investment…

WednesdayJun 20, 2012 12:40 pm

Tianli Agritech, Inc. (OINK) to Adopt New Retail Expansion Strategy

Tianli Agritech, based in Wuhan City, China, is a leading producer of hogs and retailer of pork products in the country. Specifically, the company breeds, raises, and sells breeder and market hogs in China and is developing a retail channel for its pork products, including high-value, black hog meat. The company announced today that it is refocusing its retail expansion strategy. In conjunction with that, Tianli reported it is terminating the exclusive agreement with An Puluo Food, Inc. executed on March 29, 2011. The two firms began selling branded packaged pork though An Puluo's retail distribution channels in April 2011.…

WednesdayJun 20, 2012 8:31 am

Satcon Technology Corp. (SATC) Selected to Supply Solar Inverters for the Largest Ground Mount PV Installation on a Massachusetts Landfill

Yesterday, Satcon Technology, a leader in providing utility-scale power conversion solutions for the renewable energy market, announced it has been selected by Southern Sky Renewable Energy and Gemma Renewable Power to supply 5 MW of its Equinox solution. Based in Boston, Mass., Southern Sky Renewable Energy LLC is a utility-scale solar PV developer. Gamma Renewable Power is a nationally recognized engineering, procurement, and construction (EPC) organization specializing in the construction of renewable energy projects, and the company is presently constructing both wind and solar projects in western Illinois, Massachusetts, and central Pennsylvania. Equinox is Satcon’s next-generation solar inverter, offering 98.5%…

WednesdayJun 20, 2012 8:17 am

ClearOne Communications, Inc. (CLRO) Receives the 2012 Frost & Sullivan Global Tabletop Audio Conferencing Endpoints Product Line Strategy Award

ClearOne Communications announced yesterday that it received the 2012 Frost & Sullivan Global Tabletop Audio Conferencing Endpoints Product Line Strategy Award. The reward was given in regards to ClearOne’s development of enterprise-grade USB audio appliances and its capability for enabling cutting-edge audio with an impressive range of applications over several use cases. The criteria used in giving the Product Line Strategy Award were measurements of ClearOne’s tabletop solutions against competitors in multiple categories, including breadth of product line, size of addressable customer base, impact on market share, and breadth of applications/markets served. After the comparison was completed, the Frost analysis…

TuesdayJun 19, 2012 3:23 pm

Quadrant 4 Systems Corp. (QFORE) Offers FY2011 Guidance; 50% Increase in Revs, Narrowed Loss

Technology solutions company Quadrant 4 Systems today announced that it has engaged a new audit firm, Sassetti LLC, to complete the audit of its financial statements for the year ended December 31, 2011. Quadrant said it does not anticipate that its financial statements will be subject to any material revision and therefore offered guidance for full year 2011. The company estimates gross revenues will be approximately $30 million compared to gross revenues of $15.2 million for full year 2010. The company attributes the roughly 50-percent revenues increase to its acquisition of subsidiary Quadrant 4 Solutions Inc. and its associated business.…

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Month: June 2012