Blog - Page 3135 of 5447

ThursdaySep 01, 2011 11:00 am

CareView Communications, Inc. (CRVW) Announces Closing of Two-Year $20 Million Revolving Line Of Credit

CareView Communications, Inc., developer of a high speed data network system that can be deployed in a healthcare facility using existing cable television infrastructure, announced the closing of a two-year, $20 million revolving line of credit with Comerica Bank and Bridge Bank, National Association. The revolving line of credit will be providing the Company with capital to buy equipment and perform installations pursuant to newly signed contracts that the Company may carry out in the future with select healthcare providers. Amounts drawn on the revolving credit will initially carry an interest rate of 7.0% per year. In connection with the…

ThursdaySep 01, 2011 10:53 am

Cyalume Technologies (CYLU) Completes Acquisition of JFC Technologies

Cyalume Technologies Holdings announced today completion of the company’s acquisition of JFC Technologies, and will host a conference call with financial analysts and investors today at 12:00 PM ET. (A transcript of the call will be available on the Cyalume IR webpage shortly after the call.) Cyalume Technologies, the world leader in chemi-luminescent technology for the chemical generation of light, acquired JFC, a leading developer of specialty chemicals, for a $5 million consideration, split evenly between cash and stock, plus an earn-out based on 2012 and 2013 performance, the cash portion coming from Cyalume's working capital. JFC will be run…

WednesdayAug 31, 2011 5:16 pm

LTX-Credence (LTXC) Posts Q4, FY2011 Results; Revenues Shy of Previous Guidance

LTX-Credence Corp., a global provider of ATE solutions, today announced financial results for its fourth quarter and fiscal year ended July 31, 2011. The company reported fourth quarter 2011 sales of $62.6 million, a decrease compared to sales of $73.1 million for the fourth quarter of 2010, but up from previous quarter sales of $58.6 million. Net income for the 2011 quarter was $12.0 million, or $0.24 per diluted share, a decrease from $14.1 million, or $0.09 per diluted share, reported for the fourth quarter of last year. On a non-GAAP basis, net income for the 2011 quarter was $13.8…

WednesdayAug 31, 2011 2:40 pm

Small Cap Voice: Solar Integrator Designation Makes Exergetic Energy (XNGR) Eligible Bidder for $75 Million Federal Work

Exergetic Energy is celebrating its recent designation as a solar integrator for the federal prison industries because it will not only make the company eligible to bid on federal work, it will also make them able to purchase competitively-priced solar panels for customers. Clarence McCollum, chairman and CEO, described the advantages the Detroit-based company now enjoys in an interview Friday. Exergetic Energy specializes in providing energy solutions for business and government. Its early roots are in renewable energy, designing, installing and maintaining solar photovoltaic systems. This year, the company broadened its reach and expanded into nonrenewable energy with the purchase…

WednesdayAug 31, 2011 1:55 pm

Uranium Energy Corp. (UEC) Agrees to Purchase Uranium Database

Uranium Energy Corp. today reported the signing of an agreement to purchase a uranium database package covering areas in South Texas. The company believes that the package will assist in the exploration of prospective uranium deposits on its properties. Uranium Energy is purchasing the database package from Uranium One Inc. for $900,000, consisting of $400,000 cash and 159,236 shares of the company’s common stock at a price of $3.14 per share. Uranium Energy said that the database package covers the Goliad Formation and has information on more than forty prospective uranium targets in the area. The company’s Palangana, Goliad, Salvo…

WednesdayAug 31, 2011 1:11 pm

Callidus Software, Inc. (CALD) Releases MySalesCoach iPad App

Today, Callidus Software, Inc. announced the launch of the new iPad app MySalesCoach. The app was originally announced in April, 2011. The app will be shown at the Dreamforce 2011, the annual cloud computing conference held by Salesforce.com. Callidus Software is a supplier of Sales Performance Management software, helping businesses coach sales employees, track sales team performance and provide visibility into operations and financial performance. Callidus software is used in such industries as high tech, communications, banking, insurance and pharmaceuticals. The MySalesCoach app is intended to make available to the individuals in a company's sales force realtime access to daily…

WednesdayAug 31, 2011 1:06 pm

Titan Pharmaceuticals, Inc. (TTNP) Confirms Pre-NDA Meeting with FDA for Probuphine™

Today, Titan Pharmaceuticals, Inc. announced that the U.S. Food and Drug Administration (FDA) has confirmed a Pre-New Drug Application (Pre-NDA) meeting with the company regarding Probuphine™ to be held on October 25th, 2011. Probuphine is an innovative, subcutaneous implant formulation that delivers a steady, round-the-clock dose of buprenorphine over six months following a single treatment. Titan is developing this formulation for the treatment of opioid dependence. At the Pre-NDA meeting, Titan will review all elements of the Probuphine development program and seek FDA input and guidance on the proposed content of a New Drug Application (NDA). In preparation for the…

WednesdayAug 31, 2011 1:02 pm

Sagebrush Gold, Ltd. (SAGE) Acquires Relief Canyon Gold Mine and Processing Facilities Amid Rising Gold Prices and Pan Asia Gold Exchange Debut

Sagebrush Gold, a junior gold exploration firm focused on high-value targets, announced acquisition of the Relief Canyon Gold Project, a choice property located at Packard Flat in the Antelope Springs mining district of Pershing County. Chairman of SAGE, Barry Honig, was excited to announce an aggressive exploration campaign, starting with resource studies and the satisfaction of applicable permits/approvals (including federal and state permitting and bonding requirements) via local authorities and the BLM (Bureau of Land Management), and culminating with a focused, intensive drilling program engineered to both expand the resource and deliver on near term production goals. The site has…

WednesdayAug 31, 2011 12:40 pm

Patient Access Solutions, Inc. (PASO) Offers Transformative Cost Savings

One of the long standing rules of business is that profit is made on the pennies. If every day you can come up with a new efficiency, however small, it isn’t long before your business is made up of a thousand hidden ideas driving your operation forward. Major efficiencies, on the other hand, are seldom hidden for long. Transformative technologies, for example, move whole industries, and soon become the standard for the most successful companies. In the healthcare industry, insurance eligibility is the key to revenue, and its efficient processing and administration is the key to cost reduction and profit.…

WednesdayAug 31, 2011 11:11 am

Hanwha SolarOne Co., Ltd. (HSOL) is “One to Watch”

Hanwha SolarOne Co., Ltd. is a leading provider of global energy solutions designed to meet the demands of the 21st century energy customer. From quality crystalline silicon and solar module assembly to project development and financing, Hanwha SolarOne offers a fully integrated solution. Through control of the supply chain, the company is able to deliver the highest quality products at very competitive prices. The company's technology department works closely with the manufacturing department to lower production costs by improving production efficiency. In July 2007, Hanwha SolarOne established the Hanwha SolarOne PV Engineering Center. This center, equipped with a fully dedicated…

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