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FridayJan 06, 2012 10:44 am

Crimson Exploration, Inc. (CXPO) Issues Oil and Gas Operational Update, Sets 2012 Capital Budget

Crimson Exploration, Inc. issued an operational update on its oil and gas activities in the United States. The company is active in various onshore plays, including the Woodbine, Eagle Ford Shale, Lower Cook Mountain and Niobrara formations. Crimson Exploration reported that the company has spud its first well targeting the Woodbine formation. The well is located in Madison County, Texas, and will be drilled to a total measured depth of 16,900 feet, with a 7,500 foot lateral. Crimson Exploration estimates that drilling activity on this well will take approximately 35 days, after which completion operations will begin. The company expects…

ThursdayJan 05, 2012 4:16 pm

Beacon Equity Research Featured Company: Midas Medici Group Holdings, Inc. (MMED)

Midas Medici Group Holdings is a green IT company that supplies mid-sized and select enterprises and institutions with leading-edge IT solutions in the fields of virtualization, cloud computing and data management. The company also works with utilities and other institutions to transform the electric grid through digital technologies in the United States and Brazil. Across its CIMCORP, Consonus and UtiliPoint brands, the company works with its customers by optimizing IT and data center investments, cutting energy usage and preventing data loss, all while maximizing productivity. Midas is focused on positioning itself to take advantage of the high-growth IT industry through…

ThursdayJan 05, 2012 3:17 pm

SmallCapVoice: Kensington Court Ventures Inc. and Stronghold Metals Inc. (SDMTF) Enter Into Definitive Share Purchase Agreement

Kensington Court Ventures Inc. (TSX: KCT), a capital pool company subject to the rules and policies of the TSX Venture Exchange (the “Exchange”), and Stronghold Metals Inc. (TSX:Z)(OTCQX: SDMTF)(Frankfurt: E9X.F), a Tier 2 Exchange listed issuer incorporated under the laws of British Columbia, are pleased to announce that further to Press Release made in August 2011, the companies have now entered into a Definitive Share Purchase Agreement, whereby Kensington will acquire 100% of the issued and outstanding quotas (shares) of Stronghold’s wholly-owned subsidiary, Stronghold Brasil Mineracao Ltda. (“SBM”) (formerly named Mineracao Vale Do Sonho Ltda) (the “Acquisition”). SBM, a private…

ThursdayJan 05, 2012 2:19 pm

Viking Systems (VKNG) to Report 34% Increase in FY2011 Revenues

Viking Systems Inc., a leading worldwide developer, manufacturer and marketer of 3D and 2D visualization solutions for complex minimally invasive surgery, today announced that it expects to report full-year 2011 sales of approximately $10.8 million, a 34 percent increase over the $8.0 million in revenue reported for 2010. For the 12 months ended Dec. 31, 2011, Viking sold 56 of its recently-released 3DHD Vision Systems, adding weight to the company’s 2011 revenues and reflecting strong international sales. "We continue to be very pleased with the progress we are making in the market and the consistently positive feedback we get from…

ThursdayJan 05, 2012 2:14 pm

US Dataworks’ (UDWK) Clearingworks Service Hits $120B in Processed Payments

US Dataworks, Inc., a provider of payment processing solutions, today announced that more than $120 billion dollars in payments were processed through a cloud deployment of the company’s Clearingworks® payment processing platform, which is offered in a cloud-delivery model as well as a traditional on-premise solution. Clearingworks processes checks, electronic checks, Automated Clearing House (ACH) payments and credit/debit cards. "As part of our white-glove service, we regularly monitor key volumes and trends in our cloud solution. In December, we saw our volumes for the calendar year climb over 145 million payments totaling more than $120 billion. Now we have clear…

ThursdayJan 05, 2012 2:03 pm

Expanding Range of Markets for FluoroPharma Medical, Inc. (FPMI)

Fluoropharma Medical, developer of advanced medical diagnostic imaging products, sees an open-ended range of potential markets in its future, since many of the possibilities related to the advanced imaging technologies on which the company is focused have only begun to be explored. FluoroPharma’s products support the fast growing PET (positron emission tomography) industry, a branch of nuclear medicine that produces a 3D image of previously hidden biological processes occurring within the body. Unlike most imaging tools, designed to reveal various structures inside the body, PET technology reveals processes at the cellular and even molecular level, providing a unique insight into…

ThursdayJan 05, 2012 12:09 pm

Albany Molecular Research Inc. (AMRI) and BioPontis Alliance LLC Enter Preferred Provider Agreement to Identify New Drug Opportunities

Albany Molecular Research Inc., an Albany based global contract services and manufacturing organization, announced today that it will work with BioPontis Alliance, LLC in a preferred provider agreement to support BioPontis’ mission to bridge the gap between early stage research and technologies that come out of academia and other research outlets. AMRI will provide its expertise in small molecule discovery, development, and manufacturing. The partnership is expected to help find promising early stage product opportunities and create a preferred network of leading research companies to help develop new drugs to attract pharmaceutical company licensing partners. BioPontis has formed research alliances…

ThursdayJan 05, 2012 12:02 pm

Targacept, Inc. (TRGT) Says AstraZeneca will Advance Alzheimer’s Drug

Targacept, Inc. currently has five mid-to-late-stage drug candidates using innovative NNR Therapeutics for difficult to treat diseases and disorders of the nervous system. NNR Therapeutics selectively modulates the activity of specific neuronal nicotinic receptors, which are unique proteins that regulate vital biological functions. The company today reported AstraZeneca has informed Targacept that it plans to progress the development of Targacept’s product candidate AZD1446 as a treatment for Alzheimer’s disease. AZD1446 is a selective modulator of the alpha4beta2 neuronal nicotinic receptor that arose out of a research collaboration between the two companies. The two companies signed a collaborative research and license…

ThursdayJan 05, 2012 11:59 am

EnerJex Resources, Inc. (ENRJ) Announces Completion of 50th New Well in Rantoul Project

Located in San Antonio, Texas, EnerJex has quickly made a name for themselves as a domestic onshore oil company with assets located in Eastern Kansas and South Texas. Today, the young company took a major step towards prominence with the announcement it has completed drilling 50 new wells in its Rantoul Project located in Eastern Kansas. In addition to this news, EnerJex provided updates on its Rantoul Project operation. Such updates include that the company has drilled 35 new production wells and 15 new water injection wells with a 100% success rate. Sixteen of the new production wells encountered a…

ThursdayJan 05, 2012 9:20 am

Juhl Wind, Inc. (JUHL) Receives $1.4 Million in US Stimulus Grant for Construction of Minnesota Wind Project Completed in Fourth Quarter 2011

Juhl Wind, Inc., the leader in Community Wind Power, today announced that the US Treasury Department has awarded $1,413,000 in US Stimulus Grant Funds for the construction of the Winona County Wind Project in Minnesota. The project was completed and started operating in the fourth quarter of 2011. Juhl Wind has completed six wind farm projects during the last two years worth over $150 million in project development. "The U.S. Stimulus program has provided very important support for the continuing growth of our Community Wind projects throughout the Midwestern United States. Community-owned wind farms not only deliver a totally clean…

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