Blog - Page 3232 of 5683

TuesdayMar 27, 2012 12:41 pm

Source Gold Corp. (SRGL) in Final Stages to Acquire New Mineral Property with “Geological Promise”

Source Gold, an exploration stage mining company, today announced its plans to this week complete the acquisition of a new mineral property in northern British Columbia, at the Yukon Territories border. The property was explored in the 1980s by crews looking for zinc, lead, and silver deposits. Though the crews didn’t complete the work, Source Gold acquired reports that the company says merit further studies of the claims. And while gold was not the target of the earlier exploration, Source Gold reports that there have been several gold strikes in the vicinity, partially due to the Carlin type geology of…

TuesdayMar 27, 2012 12:40 pm

STWA, Inc. (ZERO) Awards Temple University Research Funding for Continued Pipeline Technology Development

STWA, a developer of energy efficiency technologies in the multi-billion dollar oil pipeline and diesel engine markets, announced today that Temple University would be awarded $500,000 to fund research pursing further advancements to STWA’s exclusively licensed oil pipeline technology. World-renowned physicist, Dr. Rongjia Tao will lead the research team throughout the collaborative R&D process between STWA and Temple University. "We have a very productive collaborative arrangement with Dr. Tao and Temple University. The current development and licensing agreement has led to completion of some of our critical milestones in successfully testing AOT(TM) with the United States Department of Energy. We…

TuesdayMar 27, 2012 12:37 pm

Vermillion, Inc. (VRML) Posts Q4, FY Financial Results and Operational Achievements

Vermillion, a leading molecular diagnostics company, today reported its financial and operational results for the fourth quarter and full-year ended December 31, 2011, reflecting significant revenue increases for both periods. Total revenues in the fourth quarter of 2011 increased 152 percent to $868,000 from $345,000 reported for the fourth quarter of 2010. Fourth-quarter revenues included $755,000 from product sales of OVA1 and $113,000 of license revenue related to certain milestones associated with the company’s amended strategic alliance agreement with Quest Diagnostics. The company reported fourth quarter 2011 total operating expenses of $3.9 million, a decrease from $4.5 million reported in…

TuesdayMar 27, 2012 12:34 pm

UTStarcom Holdings Corp. (UTSI) IPTV Platform Receives Influential Award from Chinese Ministry of Science and Technology at Key Cable Industry Trade Show in Beijing

UTStarcom, which has developed a broad spectrum portfolio of IPTV solutions ranging from the mundane to advanced NGN (next generation network) frameworks, reported reception today of a key Innovation Award from the Chinese Ministry of Science and Technology for their integrated IPTV broadcasting control platform, which was designed around China’s network convergence goals set forth in the Triple Network Convergence Policy. China’s Triple Network Convergence Policy seeks to fuse together cable, voice, and Internet networks. The UTSI platform was awarded during a top Chinese cable operator trade show, the 20th Annual China Content Broadcasting Network (CCBN) exhibition in Beijing, marking…

TuesdayMar 27, 2012 10:00 am

US Dataworks, Inc. (UDWK) Launches Partner Program

US Dataworks recently announced that they have launched a new channel partner program to allow a network of companies to sell, service, and extend the company's Clearingworks payments processing system. At the program's launch, US Dataworks had four partners signed on to participate. US Dataworks is a payments processing company that offers cloud-based processing services. The company provides its services to utilities, telecommunications providers, content providers, financial institutions, and government agencies. The four companies that have initially signed are Technique Data Systems, Lighthouse Payment Systems, Vital, Inc., and Virtualization Performance. These partners will add an additional 20 sales representatives that…

TuesdayMar 27, 2012 9:53 am

Pervasip Corp. (PVSP) Subsidiary to Launch Mobile VoIP Application in Africa

Vox Communications, a subsidiary of Pervasip, recently entered into a letter of intent with Trust Pay and Emoni to market its mobile VoIP application in Africa. Trust Pay is the developer of the groundbreaking Trust Pay app, which has allowed developers to monetize their apps by creating a seamless payment solution, enabling mobile customers to purchase apps directly from their cell phones without debit or credit cards. Developers get payments from Trust pay through various Mobile Wallets across dozens of mobile networks based on the country the user is located in. In the ever-expanding global Android market, which boasts an…

TuesdayMar 27, 2012 9:15 am

FluoroPharma Medical, Inc. (FPMI): Catching Alzheimer’s in the Act

Approximately 1 out of 8 older Americans has Alzheimer’s disease. It is the most common form of dementia, and the sixth leading cause of death in the U.S. In spite of extensive research and public attention, the disease still has no known cure or even an effective treatment, although there are drugs designed to counteract some of the symptoms. The total social cost of Alzheimer’s disease is difficult to determine, but 5.4 million Americans currently live with the disease, and the annual cost of directly related care is estimated to be approximately $200 billion, a figure that is expected to…

TuesdayMar 27, 2012 8:28 am

Overland Storage, Inc. (OVRL) Hardware Product Recognized at 2012 Network Computing Awards

Global provider of data management and protection solutions, Overland Storage, announced that its SnapServer DX Series™ was named the ‘Hardware Product of the Year’ at the 2012 Network Computing Awards. The series also took the honor as runner up in the ‘Data Centre Product of the Year’ category. The awards were presented at a ceremony on 22nd March at Hotel Russell, London. Launched in October 2011, the SnapServer DX Series is the ideal solution for modern business applications from virtualized server, Microsoft Exchange, SharePoint, and SQL environments to digital imaging, web services, storage consolidation, and backup. SnapServer DX offers a…

TuesdayMar 27, 2012 8:26 am

Delcath Systems, Inc. (DCTH) Bolsters Global Marketing Team with Strategic Pharma Oncology Hire

Delcath Systems announced the appointment of Jennifer Simpson, Ph.D., M.S.N., C.R.N.P., to the position of Executive Vice President, Global Marketing. Ms. Simpson will use her extensive pharmaceutical and oncology marketing background to lead Delcath’s global product marketing, brand management and reimbursement programs in the European Union, United States, and other key markets. In line with Ms. Simpson’s appointment, Agustin Gago, Delcath's Executive Vice President for Global Sales & Marketing since 2009, will assume the new role of Executive Vice President, Global Sales. Ms. Simpson and Mr. Gago will both report to Eamonn P. Hobbs, President and CEO of Delcath. Both…

TuesdayMar 27, 2012 8:12 am

GlobalWise Investments, Inc. (GWIV) Forges Channel Sales Partnership with National Business-to-Business Reseller of IT Hardware and Software

GlobalWise Investments and its wholly owned subsidiary Intellinetics, a leading-edge technology company focused on the design, implementation, and management of cloud-based Enterprise Content Management (“ECM”) systems, announced the execution of a new Channel Sales Partnership with B2B Computer Products, LLC. With a foundation of deep IT industry experience, B2B Computer Products LLC was identified by Inc. magazine as one of the fastest growing businesses of its type in the U.S. in 2009 and 2010. B2B Computer Products, LLC is a national business-to-business value-added reseller and service provider of computer hardware and software with over 35 distribution centers throughout the U.S.…

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