TuesdayMay 14, 2013 9:39 am

Innovative Food Holdings (IVFH) Posts Wide Q1 EPS Improvement, Grows Sales 70%

Innovative Food Holdings, a provider of direct from source specialty, healthcare, gluten-free, and artisanal foods, reported first-quarter earnings of $0.06 per share, excluding special items, an improvement over earnings of $0.008 per share reported for the prior year period. Quarterly revenues of $5.6 million represent an increase of approximately 70 percent compared to revenues of $3.3 million recorded for the first quarter of 2012. Cash EBITDA (EBITDA without equity related gains/losses) grew more than 500 percent to approximately $470,000 for the first quarter of 2013 vs. $72,000 reported in the comparable quarter of 2012. On an operational front, Innovative Holdings…

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TuesdayMay 14, 2013 9:33 am

International Stem Cell Corp. (ISCO) Narrows Q1 Loss, Grows Sales 19%

International Stem Cell, a biotech company developing novel stem cell-based therapies, today reported its financial results for the first quarter ended March 31, 2013. Quarterly revenues increased 19 percent to $1.29 million from $1.08 million reported in the first quarter of the year prior. Revenues for Lifeline Skin Care (LSC) increased by 19 percent while revenue for Lifeline Cell Technology (LCT) increased by 20 percent, accounting for 51 percent and 49 percent of total quarterly revenue, respectively. ISCO posted a first-quarter loss of $0.02 per share, narrowed compared to a loss of $0.05 per share for the comparable quarter a…

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TuesdayMay 14, 2013 8:46 am

Intelimax (IXMD) Appoints New Director

Intelimax Media, Inc. wishes to announce the appointment of Mr. Paul Larkin to the Company’s Board of Director’s effective immediately. Mr. Larkin brings in excess of 40 years of experience in corporate finance and capital markets to the Company. Mr. Larkin is currently President of New Dawn Holdings Ltd., an independent consulting firm providing administration and financial advisory services to a number of private and public companies. Mr. Larkin is also the CEO and President of Tyner Resources Ltd., President and Director of Gstaad Capital Corp., and a director and audit committee member of LNG Energy Ltd., U.S. Geothermal Inc.,…

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TuesdayMay 14, 2013 8:35 am

eFuture Information Technology, Inc. (EFUT) Enters Agreement with Guofang Group to Provide CRM Services

eFuture Information Technology, a leading provider of software and services in China's rapidly growing retail and consumer goods industries, today announced that it has entered into an agreement with Guofang Group to provide its leading customer relationship management (CRM) services. Guofang, a major department store and supermarket retail operator in northwestern China, was established in 1996. The company has fifteen subsidiaries that are spread across the region, located in provinces such as Gansu, Ningxia, Qinghai, and Shaanxi. Guofang, in order to enhance efficiency and meet higher industry standards for customer service, selected eFuture to upgrade its CRM system for the…

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TuesdayMay 14, 2013 8:33 am

Sonus Networks, Inc. (SONS) Session Border Controllers Chosen by Smarttel Technologies to Secure Network Borders and Ensure Quality of Service

Sonus Networks, a leader in SIP communications worldwide and the fastest growing brand of session border controllers, announced today that Smarttel Technologies, a Bangladesh-based international carrier wholesale operator, will be deploying the Sonus SBC 5100 Session Border Controller (SBC) as the Session Initiation Protocal (SIP) interconnect platform for its global network. Specifically, the Sonus SBCs are being deployed at Smarttel interconnect borders for security purposes, as well as to monitor and enforce service levels. Smarttel interconnect borders are demarcation points where two networks meet. This deployment marks Smarttel’s first of Sonus SBCs and will be Sonus’ first entry into the…

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MondayMay 13, 2013 4:30 pm

Norstra Energy, Inc. (NORX) Buzzing with Excitement at South Sun River Bakken Project as USGS Doubles Official Estimates for Bakken

Norstra Energy, the Montana/Texas-focused oil and gas developer currently occupied with their heavily under-exploited territory in the southern Bakken-Alberta Fairway, reported some great news today out of their South Sun River Bakken Project, as the USGS has officially doubled the reserve estimate for the Bakken-Three Forks formation located in Montana and the Dakotas. With the latest estimates coming in at a whopping 7.4B bbls of "undiscovered, technically recoverable oil," we have a solid doubling of the previous value issued in 2008 and a firm confirmation from USGS that the formation is the largest continuous oil formation in the continental U.S.…

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MondayMay 13, 2013 2:12 pm

VIASPACE Inc. (VSPC) and the World’s Greatest Power Plant

When considering the world’s greatest power plant, it’s natural to think of China’s new Three Gorges Dam hydroelectric plant, the biggest power plant in the world, capable of generating over 20,000 megawatts. But it may turn out that the world’s greatest power plant is really a plant, Giant King Grass (GKG), a one-of-a-kind power producing plant that could end up being used to generate power all over the world. GKG is a proprietary dedicated energy crop controlled by VIASPACE, a California based renewable energy company. When it comes to power potential, GKG is considered the greatest plant in the world,…

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MondayMay 13, 2013 2:03 pm

BioTime, Inc. (BTX) Subsidiary Cell Cure Neurosciences Receives $1.5 Million Grant from Israeli Agency

BioTime is a biotechnology company focused on regenerative medicine and blood plasma volume expanders. The company's broad platform of stem cell technologies is enhanced through subsidiaries focused on specific fields of application. One such subsidiary is Cell Cure Neurosciences Ltd., which focuses on becoming a leading supplier of human cell-based therapies for the treatment of retinal and neural degenerative diseases. The company announced today that its Cell Cure Neurosciences subsidiary has been awarded a grant of approximately $1.5 million from Israel's Office of the Chief Scientist for 2013. The grant will help finance the development of OpRegen, a cell-based therapeutic…

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MondayMay 13, 2013 11:01 am

Neologic Animation, Inc. (NANI) Partners with China Next Generation Care Working Committee

Neologic Animation, an educational software company in the People's Republic of China, announced that it has entered into a partnership with China Next Generation Care Working Committee, an education Development Youth Institution of Changchun City. The partnership will foster cooperation with national education departments to develop, promote, and to conduct research on the education of children and adolescents in China. The China Next Generation Care Working Committee is a national public institution that directly belongs to the Chinese government. It provides assistance and education aids to children through its youth centers, with the goal of increasing educational development. It also…

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MondayMay 13, 2013 10:06 am

The Aristocrat Group Corp. (ASCC) Taps Ignite Advertising to Craft Unique Packaging Concept for New Vodka Brands

The Aristocrat Group is establishing a presence in the luxury goods and adult beverage markets with soon-to-launch new vodka brands. Luxuria Brands, the company’s brand management division, today said it has partnered with Ignite Advertising for the creation of innovative packaging designs and concepts for Luxuria’s first two vodka brands, which are expected to roll-out later this year. ASCC notes that Ignite has established a proven record of success designing vodka brands and packaging that attracts attention and generates sales. “Ignite has designed the bottles and packaging for a host of successful vodkas and other spirits,” ASCC CEO Robert Federowicz…

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