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FridayMay 13, 2011 8:12 am

China TransInfo Technology Corp. (CTFO) Increases Earnings 46%

China TransInfo Technology Corp., a leading provider of comprehensive intelligent transportation solutions (ITS) in China through its affiliate, China TransInfo Technology Group Co. Ltd., today reported its financial results for the first quarter ended March 31, 2011. Revenue for the quarter increased 46.7 percent to $36.5 million compared to $24.9 million for the comparable quarter of 2010. Gross profit increased 21.8 percent to $10.4 million in the first quarter of 2011 compared to $8.5 million in the same period of 2010. Gross margin in the first quarter of 2011 decreased to 28.5 percent from 34.3 percent in the same period…

FridayMay 13, 2011 8:11 am

Green Technology Solutions, Inc. (GTSO) Lays out Strategy to take Advantage of Rare Earth Demand

Green Technology Solutions Inc. commercializes clean and renewable mining technology and products. The company recently highlighted its position in the industry and noted its plans to try and capitalize on South Korea’s push for new rare earth supplies. In response to the rapid surge in rare earth prices worldwide, South Korea’s government in March pledged to increase its rare earth reserves to around 1,500 tons by 2014. Earlier this week, a Korea newspaper spread word that South Korea’s Ministry of Knowledge Economy (MKE) is negotiating plans to support the development of rare earths and other critical resources overseas, with rare…

FridayMay 13, 2011 8:09 am

Douglas Lake Minerals, Inc. (DLKM) Issues Update on Tanzania Gold Project

Douglas Lake Minerals, Inc., an emerging mineral exploration company focusing on mining opportunities in Tanzania, yesterday updated shareholders on its exploration efforts at its wholly owned Handeni gold project. The company is currently exploring four contiguous prospecting licenses totaling 800 square kilometers. Douglas Lake conducted and completed ground geophysical exploration work focused on two areas that the company plans on diamond drilling this year. Douglas Lake said it recently completed a ground IP (Induced Polarization/Resistivity) geophysical survey to extract modeling and interpretation of the geophysical data. At present, the strong geophysical anomalies at both areas continue off the originally planned…

ThursdayMay 12, 2011 3:58 pm

Pacific Entertainment Corp. (PENT) is “One to Watch”

Pacific Entertainment Corp. is focused on producing and distributing entertaining and educational music-based products designed for infants and young children. The company produces a variety of CDs and DVDs in the U.S. and licenses its brands for other product categories both nationally and internationally. Headquartered in San Diego, CA, Pacific Entertainment currently trades on the Pinksheets but is in the process of becoming a fully reporting company and anticipates trading on the OTC Markets Group Inc. OTCQB market in the near future. Multi-award winning Baby Genius is the company’s flagship musical “edu-tainment” brand that offers child friendly, quality content with…

ThursdayMay 12, 2011 1:40 pm

Verecloud, Inc. (VCLD) Launches Cloud Services Management Platform for the Spiceworks Community

Verecloud, Inc., a company that enables communications service providers (CSPs) to operate in the cloud computing market, recently announced the launch of its cloud services management platform for the Spiceworks Community, a fast growing social business network for IT professionals in the world. Over 1.4 million SMB IT professionals, who represent companies that spend an average of $132,000 each on IT each year, depend on Spiceworks to manage their IT services and infrastructure. Verecloud will be using Spiceworks Vendor Pages and various other social marketing programs in order to distribute services through the Spiceworks Community. Cloud adoption has taken off…

ThursdayMay 12, 2011 1:06 pm

Superconductor Technologies Inc. (SCON) Receives MICO Award for Its Intellectual Property

Superconductor Technologies Inc. is a world leader in the development and production of high temperature superconducting (HTS) materials and associated technologies. The company is leveraging its extensive intellectual property portfolio of over 100 patents and manufacturing expertise to develop second-generation HTS wire for large emerging power generation device and electricity distribution markets. Earlier this week, the company received the MICO award in recognition of its potentially disruptive and market-changing intellectual property (IP). The MICO was presented to Superconductor Technologies by MDB Capital Group at the second annual Bright Lights Conference in New York City. The CEO of MDB Capital, Christopher…

ThursdayMay 12, 2011 1:04 pm

Viking Systems, Inc. (VKNG) 3DHD Vision System Proven in Two Successful, Minimally Invasive Kidney Surgeries

Viking Systems has been developing advanced 2D/3D imaging and visualization system solutions for performing a variety of surgical procedures, achieving some real process breakthroughs in medicine by making surgery minimally invasive and remarkably easy despite the technical complexity. The Company has taken a huge leap forward in this direction today with the announcement of successful surgical procedures incorporating VKNG’s 3DHD Vision System and the novel Kymerax™ Precision Drive Articulating Surgical System from Terumo Medical Corp. The first ever nephrectomy and partial nephrectomy (kidney removal) were performed two days ago by Medical University Salzburg, Department of Urology Professor Gunter Janetschek, representing…

ThursdayMay 12, 2011 11:15 am

Daulton Capital Corp. (DUCP) Stays Ahead of the Crowd

More than perhaps any time in the past, global financial instability and an uncertain future, together with increasing demands from developing economies, have catapulted the world into a new age, where almost anything in the ground is viewed as a precious and diminishing resource. The spectacular rise in the price of gold and oil over the last 10 years, in spite of a low overall inflation rate, has affected the value of associated land holdings all over the world, and, unless there are dramatic positive changes in America’s debt situation, the trend appears likely to continue. Daulton Capital Corp., a…

ThursdayMay 12, 2011 10:12 am

Jammin Java Coffee (JAMN) Appoints Balram Vaswani President of Caribbean Operations

Based in the United States, Jammin Java provides premium roasted coffee on a wholesale level to the service, hospitality, office coffee service and big box store industry. Today, Jammin Java took a major step towards prominence with the announcement they will bring in Balram Vaswani as their President of Caribbean Operations. Prior to accepting this position with Jammin Java, Vaswani was the Managing Director of RE TV, (Reggae Entertainment Television) and JNN (Jamaica News Network) which was recently acquired by the RJR Communications Group, a company on the Jamaican Stock Exchange. Prior to founding JNN and RE TV, Mr. Vaswani…

ThursdayMay 12, 2011 10:11 am

Evolution Petroleum Corp. (EPM) Reports Results for Third Quarter of Fiscal 2011

Evolution Petroleum Corp. reported an increase in sales and net income for the third quarter of fiscal 2011. The company also provided an update on its oil and gas operational activity in the United States. Evolution Petroleum reported net income of $0.01 per diluted share for the quarter ending 3/31/2011, compared to a net loss of ($0.02) per diluted share in the same quarter last year. Sales for the most recent quarter came in at $2 million compared to $1.2 million in the third quarter of fiscal 2010. Evolution Petroleum attributed the better financial results to a higher volume of…

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