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ThursdayOct 06, 2011 2:48 pm

NetSol Technologies, Inc. (NTWK) Announces Joint Acquisition of Virtual Lease Services

Global enterprise software and support provider NetSol Technologies announced an agreement today to jointly acquire Virtual Lease Services (VLS), a London-based company that supports the finance and leasing industry in the United Kingdom. The acquisition is being shared with Investec Asset Finance Plc, which provides asset and loan finance services to corporate and professional firms in the UK, and will be owned 51% by NetSol and 49% by Investec Asset Finance. VLS services 30 financing and leasing customers in the UK, with portfolio management, distressed portfolio analysis and recovery, standby servicing requirements, and related services. The company already uses NetSol’s…

ThursdayOct 06, 2011 2:11 pm

Beacon Equity Research: Research In Motion (RIMM) Shares Rise Sharply on Rumor Mill

Shares of Research In Motion Limited, the maker of BlackBerry smartphones, continue to rise in today's trading after a sharp rebound yesterday on speculation that the company might be a takeover target. At last check, RIM shares were trading 2.90% higher at $24.28, with volume at 13.5 million. On Tuesday, RIM shares fell below $20 for the first time in six years. The takeover speculation started after a report from The Independent said that Vodafone (ADR) (NASDAQ: VOD) could consider acquiring the BlackBerry maker. Vodafone declined to comment on the issue, however, analysts say that it will be highly unusual for a …

ThursdayOct 06, 2011 12:19 pm

Small Cap Voice Audio Interview with CEO of GreenCell, Inc, Inc. (GCLL) is Now Available

SmallCapVoice.com, Inc. announced today that a new audio interview with GreenCell, Incorporated is now available. The interview can be heard at http://smallcapvoice.com/blog/10-5-11-smallcapvoice-interview-with-greencell-inc-otcbb-gcll SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and Company Information…

ThursdayOct 06, 2011 12:17 pm

Small Cap Voice Audio Interview with CEO of Exergetic Energy, Inc. (XNGR) is Now Available

SmallCapVoice.com, Inc. announced today that a new audio interview with Exergetic Energy, Inc. ("EEI"), an integrated energy supply company, is now available. The interview can be heard at http://smallcapvoice.com/blog/10-5-11-smallcapvoice-interview-with-exergetic-energy-inc-otcqb-xngr. In the interview, Clarence B. McCollum, chairman and CEO of Exergetic Energy, Inc., discussed the company’s acceptance to the 2011 Inner City Capital Connections (ICCC) program, which introduces small businesses like EEI to potential investors. “EEI is extremely excited participating in the ICCC conference,” said McCollum. “We will have access to people, access to capital, and access to additional funding opportunities.” Additionally, McCollum talked about the importance of the last three…

ThursdayOct 06, 2011 12:06 pm

Beacon Equity Research: Level 3 (LVLT) Shares rise on Acquisition of Global Crossing

Shares of Level 3 Communications Inc., a communications service provider in North America and Europe, are soaring in today’s trading after the company completed the acquisition of Global Crossing Limited. At last check, Level 3 shares were trading 11.51% higher at $1.69, with volume up from daily average of 26.23 million to 40.7 million. The acquisition has been structured as a tax-free, stock-for-stock exchange. The company said that it will continue to conduct its business globally using the Level 3 Communications name, with a new brand identity that includes elements from both Level 3 and Global Crossing. Level 3 also…

ThursdayOct 06, 2011 12:03 pm

Beacon Equity Research: AlumiFuel Power (AFPW) Shares Rocket Higher on U.S. Air Force Contract

Shares of AlumiFuel Power Corp. are soaring in today’s trading after the company’s wholly owned operating subsidiary, AlumiFuel Power Inc. announced the receipt of a U.S. Air Force contract for PBIS-2000 Portable Balloon Inflation System. At last check, AlumiFuel Power shares were trading 100% higher at $0.003, with volume up from daily average of 2.70 million to 50.9 million. AlumiFuel Power said that it believes the initial purchase will lead to additional units for operations throughout the world. Additionally, the company has also been approached by other military and meteorological users from the U.S., NATO and around the world. The…

ThursdayOct 06, 2011 11:54 am

Echo Therapeutics (ECTE) Posts Positive Clinical Results for Needle-free Glucose Monitoring System

Echo Therapeutics Inc., developer of non-invasive, wireless, transdermal glucose monitoring systems, today announced positive results of a clinical study of its new and improved biosensor, the Symphony tCGM System, for patients with type 1 and type 2 Diabetes. The Symphony tCGM System consists of the company’s wireless transmission and transdermal biosensor technologies, as well as its Prelude SkinPrep System, which incorporates needle-free, controlled skin ablation. The study tested the performance of the system in glucose readings in ten patients with type 1 or type 2 Diabetes; results showed a 97 percent accuracy in the readings. "This study represents another major…

ThursdayOct 06, 2011 10:45 am

Solar Power, Inc. (SOPW) Engaged by KDC Solar for 6.8 MW Solar Facility in New Jersey

Solar Power, Inc. (“SPI”) is a company on the move. Located in Roseville, California, SPI is a vertically integrated photovoltaic solar developer offering state-of-the-art energy development services. Today, SPI announced they have been engaged by a subsidiary of KDC Solar LLC for a 6.8 MW ground mounted solar facility to be constructed in Middlesex County, New Jersey. In this deal, SPI will provide construction management services and project financing in accordance with the terms of the Preferred Provider Agreement between KDC and SPI announced in June 2011. The solar facility will be constructed with approximately 26,000 high-efficiency solar panels supplied…

ThursdayOct 06, 2011 10:41 am

ECOtality, Inc. (ECTY) Announces $24.6 Million Contract for Advanced Vehicle Testing & Evaluation by U.S. Department of Energy

ECOtality, Inc., a company that provides clean electric transportation and storage technologies in the United States and internationally, announced that it has been awarded a $24.6 million contract by the U.S. Department of Energy (DOE) to carry out the DOE’s Advanced Vehicle Testing and Evaluation (AVTE) project. “ECOtality has been a vehicle testing partner for the Department of Energy for more than a decade. We pride ourselves on our important work in this field,” said Don Karner, President of ECOtality North America. “The work conducted under the Advanced Vehicle Testing and Evaluation project will play a crucial role in evaluating…

ThursdayOct 06, 2011 10:36 am

Viking Systems, Inc. (VKNG) Anticipates Reporting at Least 60% Increase in Revenues for Q3

Viking Systems, Inc. is a leading global developer, manufacturer and marketer of 3D and 2D visualization solutions for complex, yet minimally invasive surgeries. The company markets and sells the only stand-alone, FDA-cleared, cost effective 3D system for use in minimally invasive laparoscopic surgery. The company today announced that it expects to report a sales increase of over 60% for the quarter ended September 30, 2011. Sales are anticipated to be in the range of $3 million, compared with $1.8 million in revenue reported in the third quarter of last year. Sales for the nine months ended September 30, 2011 are…

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