Blog - Page 3081 of 5582

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.…

TuesdayJun 19, 2012 3:19 pm

PositiveID Corp. (PSID) Wins Gold Award for iGlucose Diabetes Management Technology

PositiveID, developer of advanced technologies for diabetes management and rapid medical testing, as well as airborne bio-threat detection systems for America's homeland defense, recently was awarded the Gold award for its iglucose® mobile health solution for diabetes management at Connected World magazine's Value Chain Awards in the Home Health category. As part of the Connected World Conference, the Value Chain Awards Gala recognizes success in the M2M (machine-to-machine) and connected devices marketplace. "The 2012 winners represent successful implementations in home health, education, emergency response, tracking, and even the prevention of distracted driving. This is a great illustration as to how…

TuesdayJun 19, 2012 1:09 pm

AMRI Molecular Research, Inc. (AMRI) Expands Drug Discovery Research Operations in India

AMRI, which was founded in 1991 as Albany Molecular Research, Inc., is a global contract research and manufacturing company offering its customers fully integrated drug discovery, development, and manufacturing services. The company, with a track record of success spanning over 21 years, has locations in the United States, Europe, and Asia to serve its customers. The company announced today the hiring of two experts in medicinal and computational chemistry at its research center located at Hyderabad, India. It also announced the completion of the relocation of custom library synthesis resources and capabilities to Hyderabad from its Budapest, Hungary facilities. These…

TuesdayJun 19, 2012 11:54 am

Capstone Turbine Corp. (CPST) Secures 4MW, 17 Microturbine Order with Russian Oil Powerhouse LUKOIL

Capstone Turbine, top global producer of advanced cleantech microturbines engineered for optimal low-emission, low-maintenance targets, announced today that the company has secured another important order, this time a 4MW order for 17 microturbines (ranging from 65kW – 1MW) from Russian hydrocarbon developer LUKOIL. This marks a very good quarter for CPST (ended, Mar 31), which reported some $49M in new orders, led by strong uptake of these advanced microturbines, as the company’s reputation for being first in the market with a commercial solution combines with increased demand by commercial/industrial customers looking to generate on-site power. Destined for the remote oil…

TuesdayJun 19, 2012 10:20 am

MagneGas Corp. (MNGA) Enters an Exclusive Provider Agreement with RJ Torching at the Flint, MI Facility

MagneGas, the developer of a technology that converts liquid waste into a hydrogen-based metal working fuel and natural gas alternative, has entered into an agreement with RJ Torching to exclusively provide MagneGas fuel for metal torching at the Flint, MI, recycling facility. RJ Torching is an environmentally friendly Detroit recycler and inventor of the SPARCS *** metal cutting exhaust gas collection system. MagneGas will install a 150kW unit onsite to produce and supply RJ Torching and the surrounding area its superior metal cutting gas MagneGas(TM). "MagneGas is delighted to offer RJ Torching an innovative solution that will help meet the…

TuesdayJun 19, 2012 9:06 am

Elephant Talk Communications Corp. (ETAK) to Join Russell Global Index

Elephant Talk Communications yesterday announced that, upon Russell Investment's June 25 annual compilation, the company would be joining the Russell Global Index (RGI), a comprehensive set of global equity indexes. This is according to a list of additions that was posted June 16 of this year on Russell's website. Elephant Talk is focused on developing and marketing business software and services to the telecommunications industry. Elephant Talk allows a diverse range of businesses, from banks and supermarkets to global telecom companies and media firms, the ability to offer their customer base telecom services. Elephant Talk provides a wide suite of…

MondayJun 18, 2012 5:23 pm

Investors Returning to Micro-Cap Stocks

When the economy began its long and painful collapse in 2008, it took a flood of over-the-counter stocks with it. It’s not surprising, considering that investment money, the life-blood of developing companies, was one of the first things to evaporate. Without plentiful sources of funding, OTC securities, always viewed as more risky investments, were left high and dry, and many companies simply disappeared. At long last, there is quantitative evidence to indicate that investor sentiment is changing. After bottoming out in 2008 and 2009, the total dollar volume of all OTCBB shares traded has been on the rise, with annual…

MondayJun 18, 2012 4:20 pm

AirTouch Communications, Inc. (ATCH) Inks Distribution Agreement with TeleDynamics for U.S. Distribution of SmartLinX™

AirTouch Communications, a supplier of innovative wireless telecommunications devices, today announced it has signed a distribution agreement with TeleDynamics, a wholesale supplier of telecommunications products, in which TeleDynamics will distribute AirTouch’s SmartLinX™ product throughout retail outlets in the United States. TeleDynamics has placed an initial order of 2,000 SmartLinX devices, which AirTouch expects to ship later this month. The SmartLinX system enables smartphones users to place calls over their landlines via home or office Wi-Fi networks. AirTouch said this technology offers improved voice quality, convenience of using the user’s existing contact list on the smartphone, and the cost savings of…

MondayJun 18, 2012 4:17 pm

Roomlinx, Inc. (RMLX) Successfully Installs iTV System at Hyatt Regency Denver Tech Center

Roomlinx today announced it has completed the installation of its iTV system at Hyatt Regency Denver Tech Center, a 450-room luxury hotel, replacing the Hyatt’s dated pay-per-transaction video-on-demand (VOD) service. Roomlinx iTV is a high-speed Internet integrated solution that will provide Hyatt guests with access to movies and TV programs through Netflix, Hulu, DISHOnline, Xfinity, HBO GO, and other online sites. Michael Wasik, Roomlinx CEO, said that latest research from Nielson indicates a decline in demand for VOD and strong increases in online viewing, such as on smartphones, tablets, and laptops. Because of its integration with the Internet, Roomlinx iTV…

MondayJun 18, 2012 2:20 pm

L & L Energy, Inc. (LLEN) Secures Memorandum of Understanding for Lashu Coal Mine in China as Part of Regional Consolidation Strategy

L & L Energy, the Seattle-based mining company that has been in business for over a decade and a half in the heart of the planet’s largest coal consumer, China, is currently pushing the envelope in the resource hungry Chinese coal market through consolidation of mines and expansion of the company’s overall resource footprint. As a part of this strategy, LLEN announced today that the company has entered into a Memorandum of Understanding to acquire the Lashu Mine in Guizhou Province’s HeZhang County. HeZhang is an ideal location with a rich resource base, infrastructural support, and positive sentiment for further…

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