Blog - Page 3307 of 5441

WednesdayFeb 23, 2011 3:13 pm

Butler National Corp.’s (BUKS.OB) Completes First R/X Modification Project in The Republic of South Africa

Butler National Corp., a leader in the growing global market for structural modification, maintenance, repair and overhaul (MRO), announced today that its first R/X (range extension) Modification project in The Republic of South Africa has been completed. The Lear 36 R/X modification was requested by Cape Chamonix Wine Farms, located in South Africa's world-renowned Franschhoek wine-growing region. Butler National, through its wholly-owned subsidiary, Avcon Industries, Inc., is the exclusive provider of this modification for the Lear Jet 30 Series Aircraft. "We are the only aerospace company in the world that holds the FAA Supplemental Type Certificate (STC) for this modification.…

WednesdayFeb 23, 2011 2:50 pm

Ambient Corp. (ABTG.OB) Announces Record Revenue for 2010

Ambient Corp. today announced its financial results for the year ended December 31, 2010. Annual revenues totaled approximately $20.4 million, with a gross profit of $8.3 million, compared to $2.2 million in revenue and $357,000 in gross profit in 2009. "We planned for 2010 to be a year of significant growth for Ambient and, despite the fledgling smart grid industry, it did not disappoint, with the addition of 19 new employees and revenue growing to more than $9 million in the fourth quarter," commented John J. Joyce, President and CEO of Ambient. "In 2010, the Ambient Smart Grid platform was…

WednesdayFeb 23, 2011 2:39 pm

Sunridge International (SNDZ.OB) Inks Distribution Agreement for Turkey

Today before the opening bell, Sunridge International announced it has entered into an exclusive distribution contract for Turkey. The 5-year contract is anticipated to provide a substantial increase in sales. Sunridge is currently preparing medical personnel that will train local key opinion leaders to assist the marketing rollout. Sunridge's CEO, G. Richard Smith commented, "Our goal has always been to expand our distribution network. With the signing of this agreement, along with the distribution rights to several additional countries throughout Europe that we are currently negotiating, we are very pleased with the progress that we are making." "Recently we expanded…

WednesdayFeb 23, 2011 2:33 pm

Cemtrex, Inc. (CTEI.OB) Turns Profitable as Sales Double

Earlier today, Cemtrex Inc. announced its first quarter consolidated results of operations for the three months ended December 31, 2010. Revenues totaled $1,821,634, up 104% compared to the first quarter ended December 31, 2009. Net Income totaled $144,217 versus a loss of $32,006 during the same period a year prior. Commenting on the quarterly results, Mr. Arun Govil, President and Chief Executive Officer of the Company, stated, "We are pleased with this turnaround to profitability, and would like to thank our employees for their efforts, which have resulted in enhanced global marketing efforts, securing large projects in the international marketplace,…

WednesdayFeb 23, 2011 1:49 pm

American National Insurance Co. (ANAT) Reports 2010 Financial Results

American National Insurance Co. reported year over year increases in net income and revenue in 2010, as the company saw an improvement in business and a recovery from a decline in its investment portfolio. The company also saw an increase in diluted book value per share compared to last year. American National Insurance reported net income of $144 million, or $5.44 per diluted share in 2010, compared to net income of $15.6 million, or $0.59 per diluted share in 2009. The company said revenues in 2010 increased by 4% over 2009. American National Insurance saw a rebound in business in…

WednesdayFeb 23, 2011 1:22 pm

Mainland Resources, Inc. (MNLU.OB) Secures 30-year Industry Veteran and Renowned Fracking Expert Stephen Schubarth to Design and Supervise Fracture Treatment at Buena Vista

Mainland Resources, www.mainlandresources.com – the oil and gas developer currently focused on emerging and early stage projects in regions with solid potential for significant material discoveries, announced the retention of 30-year industry veteran and President of Schubarth, Inc., Stephen Schubarth, to design and oversee fracking on its Burkley Phillips No. 1 Well. The Burkley Phillips No. 1 well is within the 17.8k acre Buena Vista prospect area controlled by the Company and its partners, and is located in Jefferson County, Mississippi. The renowned Mr. Schubarth has three decades of experience with such industry giants as Arco, Chevron and Halliburton, with…

WednesdayFeb 23, 2011 1:14 pm

Casey Container Corp. (CSEY.OB) Signs Letter of Intent to Act as Managing Partner of New Joint Venture

Casey Container Corp. is engaged in the design and manufacture of biodegradable PET, HDPE and other plastic polymer preforms, bottles and containers for use in the bottled water, beverage and consumer products industries. The company offers its biodegradable plastic packaging solutions using the breakthrough science of the EcoPure additive and technology. The company announced today that it has signed a letter of intent to act as the managing partner of a new joint venture, Casey Container International, a new private company. Casey Container Corp. will provide the management and expertise to engineer, build, develop and manage a group of preform…

WednesdayFeb 23, 2011 12:06 pm

Emrise Corp. (EMRI.OB) Sees Demand for In-Flight Entertainment & Connectivity Systems Increasing

Few industries face the challenges and competition inherent in the airline industry. With increasingly volatile oil prices a constant threat, commercial air carriers are looking for additional revenue sources and bigger passenger loads. A growing component in such strategies is the offering of advanced in-flight entertainment and connectivity systems (IFE&C). It’s an approach that addresses two major customer demands, entertainment and business, a way to make the time go faster and be more productive. It’s been a huge positive for Emrise Corporation, a global producer of defense, aerospace, and industrial electronics and communications equipment. The use of its power supplies,…

WednesdayFeb 23, 2011 11:21 am

Cytokinetics Inc. (CYTK) Video Chart for Wednesday, February 23, 2011

CYTK has had quite a slide and the chart is now worthy of a close watch for a bounce. Technical traders will be on alert for any shift in momentum and the establishment of support levels. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

WednesdayFeb 23, 2011 9:48 am

Biomoda Inc. (BMOD.OB) Announces Completed Sample Collection and Patient Enrollment Pilot Study

Biomoda, Inc., a specialized cancer diagnostics company, recently announced the completion of its patient enrollment and sample collection in a pilot study for the clinical sensitivity of its CyPath® label solution for the early detection of lung cancer. The data and results from the study will be released when they become available. Biomoda is looking forward to an FDA approval of its screening technology as a Class III medical device. Biomoda’s President John Cousins is also pursuing a CE Mark to make CyPath® commercial in Europe. CyPath® is currently available for only for investigational use only. “This is a significant…

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