TuesdayApr 23, 2013 8:22 am

FalconStor Software, Inc. (FALC) Appoints Robert Zecha as Executive Vice President and Chief Product Officer

A market leader in disk-based data protection, FalconStor Software proclaimed that Robert Zecha is to join its team as executive vice president and chief product officer. Zecha will oversee program management, product management, product development, and quality assurance. Zecha will execute product strategy, as well as oversee FalconStor’s suite of data protection products. With extensive engineering and business management experience, Zecha will drive new solutions to resolve growing industry data protection issues. President and CEO of FalconStor, Jim McNiel stated, "The new position of chief product officer demonstrates our commitment to designing and bringing to market original solutions that solve…

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TuesdayApr 23, 2013 8:20 am

Assaf Katan Appointed Acting CEO at Alvarion Ltd. (ALVR)

Yesterday, optimized broadband wireless solutions provider Alvarion announced that Assaf Katan has been appointed as Acting Chief Executive Officer, effective immediately. "I am honored by the trust that the board of directors has placed in me. While I recognize the challenges that Alvarion is facing, I believe that the current turnaround plan we are executing has put Alvarion back on a growth trajectory and we are already seeing the first fruits of these efforts. We remain committed to the traditional vertical markets we have excelled in such as security, smart cities and WISPs, as well as expanding our presence in…

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TuesdayApr 23, 2013 8:17 am

Telkonet, Inc. (TKOI) EthoStream Extends Partnership with Red Lion Hotels, Contracted to Implement Wireless Performance Upgrades

Telkonet, parent company of hospitality high-speed Internet access (HSIA) network provider of EthoStream, reports that EthoStream has been contracted by Red Lion Hotels to provide end-to-end upgrades of wireless networks at 19 corporate-owned sites, bringing the hotels to the newest wireless standards. Red Lion Hotels, a hotel network comprised of 48 hotels located in nine states and one Canadian province, plans on investing more than half of a million dollars on new networks in the second quarter. "Our guests demand a top-notch Internet experience while staying at our hotels. We commit ourselves to delivering all of the comforts of home,…

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MondayApr 22, 2013 10:46 pm

Omeros Corp. (OMER) Announces Presentation of Additional OMS302 Clinical Data at the Annual ASCRS and ASOA Symposium and Congress

Friday, clinical-stage biopharmaceutical company Omeros announced it will present additional data from recent clinical trials of OMS302, its ophthalmology project, at the Annual American Society of Cataract and Refractive Surgery and American Society of Ophthalmic Administrators Symposium Congress, taking place April 19-23 in San Francisco. The company’s podium presentation, “Effect of an Anti-Inflammatory-Mydriatic Agent on the Incidence of Intraoperative Miosis During IOL Replacement Surgery,” will summarize key analyses of Phase 2 and Phase 3 clinical data assessing OMS302’s ability to reduce the incidence of miosis (pupil constricting) during intraoperative lens replacement surgery. These analyses will be included in both the…

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MondayApr 22, 2013 3:23 pm

Broadwind Energy, Inc. (BWEN) Strategic Footprint Reduction Progress Strips Away Excess Manufacturing Capacity, Improves Balance Sheet

Broadwind, an energy infrastructure developer with several decades in the game, reported selling off an idle tower plant over in Brandon, South Dakota, as part of a planned (announced in Q3 2011) 600k sq. ft. reduction of their manufacturing footprint, raking in reported proceeds of $11.7M (net of closing costs). CEO of BWEN, Peter Duprey, was clearly proud of the progress made ahead of expected shifts in demand for wind towers and underscored the importance of this move's second major component, diversifying BWEN's industry concentration. By significantly lowering fixed overhead and simultaneously beefing up the company's balance sheet, BWEN is…

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MondayApr 22, 2013 3:14 pm

The Guitammer Company (GTMM) Grows with an Idea Whose Time has Come

Companies that are pioneers, breaking new ground, perhaps even defining new industries, are almost always based less on a desire for money than a passion for a particular field. The Guitammer Company is an example. The company was founded by Ken McCaw, an accomplished bass player, composer, and producer, now on the Board of Directors. His personal passion for making music led him to tackle a common frustration experienced by bass players and drummers. He wanted to actually feel the low end frequencies without having to increase stage monitor volume so loud that it disturbed the rest of the band.…

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MondayApr 22, 2013 1:28 pm

iBio, Inc. (IBIO) Achieves Critical Technology Transfer Milestone

iBio develops and offers product applications of its iBioLaunch and iBioModulator platforms. It provides collaborators full support for turnkey implementation of its technology for both proprietary and biosimilar products. In addition, the company is developing select product candidates that have been derived from the iBioLaunch platform. The company today announced the achievement of a critical technology transfer milestone verified by an independent third party laboratory. The validation milestone showed proof that an independent party, without any guidance or assistance from iBio, could use the iBioLaunch system to reliably produce commercial yields of targeted biopharmaceuticals. iBio's business commitments to its licensees,…

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MondayApr 22, 2013 10:41 am

Rainbow Coral Corp. (RBCC) and the New World of Pharmacogenomics

Immunotherapy and stem cell technology represent two of the hottest fields in medical science today. Although there is still much research to be done, immunotherapy is seen as the ultimate weapon against some of the most intractable diseases, essentially having the best potential to hunt out and destroy bad cells. And stem cell technology is seen as the best hope for regenerating the body, essentially building more good cells. But there’s a third less known but no less important component to the future of modern medicine. It’s called pharmacogenomics, a field of study derived from the Human Genome Project. The…

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MondayApr 22, 2013 10:35 am

Codexis, Inc. (CDXS) Video Chart for Monday, April 22, 2013

CDXS bounced off a support level at $2 three times in the past nine months to climb to a minimum of $2.66. Last week, the stock price hit that level again and then closed ahead on Friday by more than 5 percent, potentially signaling the start of another bounce/reversal. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

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MondayApr 22, 2013 9:03 am

The Aristocrat Group Corp. (ASCC) Pursues Opportunities to Maximize Impact of New Vodka’s Launch

Today before the opening bell, The Aristocrat Group announced its executive leadership will be in Sin City this week to scout unique launch opportunities for vodka line set to be released by its brand management division, Luxuria Brands. Known for its attachment to fine spirits, Las Vegas is the perfect city for the ultra-premium spirit’s debut. “We’ll be speaking to club owners, beverage directors and other influential people in the Las Vegas restaurant and bar scene,” stated ASCC CEO Robert Federowicz. “We’re aiming to make as big a splash as possible with the release of our first distilled spirit, and…

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