MondayMar 11, 2013 11:05 am

TeleCommunication Systems, Inc. (TSYS) Awarded $16.1M Funding for Marine Corps Project

TeleCommunication Systems (“TCS”) recently announced that the company had received incremental funding in the sum of $16.1 million with which to provide the U.S. Marine Corps Deployed Engineering Services for its Wireless Point to Point Link systems. Based in Annapolis, MD, TeleCommunication Systems is focused on the development of mobile communication technology, with components in E9-1-1, text messaging, commercial location, and deployable wireless communications. The company is also involved in cloud computing, wireless applications for navigation, search, asset tracking, social applications, and telematics. The company has clients in government agencies utilizing TeleCommunication cyber security expertise, professional services, and highly secure…

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MondayMar 11, 2013 10:23 am

VistaGen Therapeutics, Inc. (VSTA) to Present Expanded and Improved Applications of Stem-Based Screening System for Heart Toxicity

VistaGen Therapeutics, a biotechnology company applying stem cell technology for drug rescue, predictive toxicology, and drug metabolism assays, just announced it will feature key developments involving CardioSafe 3D™, its pluripotent stem cell-based bioassay system for heart toxicity, in a poster presentation at the Society of Toxicology's 52nd Annual Meeting, the world's premier toxicology conference, in San Antonio, Texas, today at 7:30 am PDT. VistaGen's poster titled "Development of Improved hESC-Based High-Throughput Screening Assays for Cardiotoxicity Assessment," will be presented by Dr. Hai-Qing Xian, Senior Scientist. The presentation will discuss the following expanded functional and electrophysiological results: • Optimized differentiation protocols…

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MondayMar 11, 2013 9:25 am

The Guitammer Company, Inc. (GTMM) Comes Home

The Guitammer Company’s technology, sold under the ButtKicker brand name, is famous around the world for its remarkable ability to translate low-frequency sounds into tactile chair vibrations that can make a good viewing or listening experience an extraordinary one. It is now used by entertainment and theater companies such as IMAX, Disney, and AMC, as well as by famous musicians. A recent comment from a devoted Guitammer fan sums it up: “I’m a garage band drummer and have had the opportunity to use the Buttkicker on a few gigs. Definitely a great product all the way from concept through execution.…

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MondayMar 11, 2013 8:30 am

Versar, Inc. (VSR) Receives $2.5 Million Extension to Continue Construction Management and Quality Assurance Work in Afghanistan

Versar announced it has received a $2.5 million subcontract extension from HDR, Inc. – a worldwide architecture, engineering, consulting, and construction firm – to continue construction management and quality assurance operations in Afghanistan. Bringing Versar’s HDR subcontract total to just under $31 million, the extension will allow the company to continue providing engineering support, construction management, and quality assurance in Afghanistan – which it has been doing since 2006 in that country – through May 2013. This important subcontract with HDR – one of Versar’s various ongoing contracts in that region – will enable Versar to continue supporting the Department…

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MondayMar 11, 2013 8:00 am

Loans4Less.com, Inc. (LFLS) and the Challenge of Going National

When California-based online mortgage loan brokerage Loans4Less.com recently reported their selected audited 2012 financials, revealing an impressive 64% jump in annual revenues, in addition to the payoff of $98,000 in revolving debt, it was clear that the company was ready to move forward with its goal of expanding to become a national loan origination platform. In spite of the fact that the residential mortgage loan market is still somewhat encumbered by strict underwriting requirements, a reaction to the country’s unprecedented real estate crash, Loans4Less is still going strong. Part of this is due to the fact that the company remains…

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FridayMar 08, 2013 4:07 pm

Mimvi, Inc. (MIMV) Intelligent Search and Recommendation API Based on Biomimetics to Enhance User Experience across Webxu Network of Sites

Mimvi, the pure-play mobile tech company which grew out of Kasian Franks' R&D 100 award-winning search engine technology that uses biomimetics and is therefore capable of delivering highly-personalized, relevant results, reported today that the company has inked a major agreement with LA-based media firm and host to a whole slew of consumer-branded websites and businesses, Webxu, Inc., who will now implement MIMV's Search and Recommendation API. The giant network of sites (including DegreeBuilder.com and CarsBlvd.com) which Webxu maintains is a perfect fit for MIMV's technology. The MIMV API will allow Webxu to efficiently monetize traffic via search tools across the…

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ThursdayMar 07, 2013 2:53 pm

Oriens’ (OTHM) Online Booking System Enables Canciones Del Mar to Achieve Milestone: One Thousand Reservations; Less Than 180 Days

Oriens Travel & Hotel Management Corp., the Next Generation International Hotel Brand Operator, operating its Hotel PURE brand, announced today that international hotel Canciones Del Mar has hit a milestone using Oriens’ online booking reservation system, achieving its 1,000th Online Reservation in just under 6 months. “This is by no means an exception, as noted by the success of our other clients,” stated Ken Chua, President of Oriens. “Still, it continues to be rather impressive; taking a hotel located abroad, never having an internet presence or online reservation system, implementing the Oriens’ booking engine, and suddenly, increased reservations and revenues.…

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ThursdayMar 07, 2013 2:09 pm

Consorteum Holdings, Inc. (CSRH) and Knockout Gaming Reach Strategic Partnership Agreement

Today, Consorteum Holdings, a financial transaction management firm also vested in mobile publishing, announced the completion of a strategic partnership with Knockout Gaming, Inc., a potential worldwide leader in the gaming industry offering wholly unique gaming products, platforms, and technology. Purchasing a 10-percent ownership in Knockout Gaming, Consorteum will become Knockout's sole provider for transaction servicing, providing Knockout Gaming with CSRH's superior know-how within the Payments and Transaction Industry in North America. Using its reach in the transaction management industry, CSRH continues to accrete a wide variety of products and services to create full-spectrum, turnkey, and payment processing solutions. This…

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ThursdayMar 07, 2013 11:19 am

HII Technologies, Inc. (HIIT): A Key Oil Industry Player

The general public has been made aware of the challenges and costs of off-shore oil and gas well drilling, but it sometimes forgets about the many issues that come with traditional land wells and the growing practice of hydro-fracing. The location of promising drill sites has nothing to do with convenience. Oil is where oil is, and that’s often far from roads, power, or water. It’s the reason that HII Technologies has become a key player in the energy industry. The Houston based company, with field operations in Texas and Oklahoma, provides the critical equipment and services needed for drillers…

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ThursdayMar 07, 2013 9:50 am

Bergamo Acquisition Corp. (BGMO) Management Team Pursues Global Acquisition Strategy

International holding company Bergamo Acquisition and its subsidiaries are actively creating a diversified portfolio of varying-size companies using strategic one-off investments, together with acquisitions and co-investments. The company is working with significant institutional investors, such as private equity funds, hedge funds, investment banks, and related institutions, and is targeting, among others, alternative energy, biotechnology, and healthcare markets. Utilizing a unique set of well-established high-level financial connections, Bergamo has developed a distinctive process of co-investments that provides it a significant flow of funds for the separate and independent financing of acquisitions. In May 2012, the company purchased 100% of the stock…

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