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ThursdayJul 28, 2011 10:25 am

SilverSun Technologies, Inc. (SSNT) Closes Large Software Transaction

SilverSun Technologies announced today that the company's wholly owned subsidiary, SWK Technologies, Inc., the premier total solutions provider specializing in business software for manufacturers and distributors, has closed on a software sale valued at over $150,000. The transaction involves the sale of Sage ERP MAS 200 SQL software and attendant consulting services. In a separate development, SWK successfully secured the first client for its proprietary Brewery Management System ("BMS"). BMS, which is a cloud-based application designed for microbreweries and their distributors that integrates with Sage Software solutions, offers a real-time view of all orders for management, distributors and customers. A…

ThursdayJul 28, 2011 9:59 am

SANUWAVE Health, Inc. (SNWV) is “One to Watch”

SANUWAVE Health, Inc. is a regenerative medicine company headquartered in Alpharetta, Georgia. The Company is focusing on the development and commercialization of noninvasive, biological response activating devices for the repair and regeneration of tissue, musculoskeletal and vascular structures. Their product and product candidate portfolio activate biologic signaling and angiogenic responses, including new vascularization and microcirculatory improvement, helping to restore the body's normal healing processes and regeneration. SANUWAVE intends to apply their PACE technology in wound healing, orthopedic/spine, plastic/cosmetic and cardiac conditions. The Company's lead product candidate for the worldwide wound care market is dermaPACE. This product has CE marking for…

ThursdayJul 28, 2011 9:44 am

Total Apparel Group Inc. (TLAG) is “One to Watch”

Total Apparel Group, Inc. is a licensing and brand management partner for highly diversified, pre-eminent international sports, entertainment and lifestyle brands in North America. The Company has an extensive sales and distribution network. They facilitate sales as a master distributor of branded products with an emphasis on the apparel, footwear and accessory sectors. Total Apparel Group Inc. has their corporate headquarters in New York, New York. The Company is focusing on building a collection of market-leading national and international registered trademarks via joint ventures, master licensing/distribution agreements and acquisitions. Their goal is to increase the value of their trademarks by…

ThursdayJul 28, 2011 8:33 am

California Community Bank (CABK) Releases Unaudited Second Quarter 2011 Financial Results

On Wednesday, California Community Bank released their unaudited second quarter 2011 financial results. For the second quarter of 2011, they reported net income of $212,000, or basic earnings per share of 10 cents. This is in comparison to net income of $338,000, or basic earnings per share of 16 cents, for the comparable period of the prior year. Net income for the first six months of the year was $381,000, or basic earnings per share of 18 cents, versus net income of $598,000, or basic earnings per share of 28 cents, for the first six months of 2010. California Community…

ThursdayJul 28, 2011 8:28 am

First Quarter 2011 Results Reported by Mastech Holdings Inc. (MHH)

Pittsburgh-based Mastech Holdings Inc. is a nationwide provider of information technology and specialized healthcare staffing services to hospitals and other healthcare facilities. The company announced its financial results for the first quarter ended March 31, 2011. Revenues for the period came in at $19.9 million and represented a 27 percent increase over the corresponding quarter of 2010. Gross profit for the first quarter of 2011 totaled $3.8 million or approximately $800,000 above the gross profit for the first quarter of last year. Consolidated net income for the first quarter of 2011 totaled $37,000 or $0.01 per diluted share versus last…

ThursdayJul 28, 2011 8:14 am

Scorpex, Inc. (SRPX) Details Recently Announced $30 Million Equipment Agreement

Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, today announced additional details of its recently announced major equipment contract signed with International Environmental Technologies, Inc. ("IET") for the acquisition and installation of waste gasification/thermal oxidation equipment as well as a license to use the technology. Scorpex has agreed to a total purchase price of USD$30,000,000. As terms of the agreement, the purchase price will be paid in four payments: USD$9,000,000 upon the release of funds from the lender; USD$9,000,000 upon IET's delivery to Scorpex of a certification that the shop…

WednesdayJul 27, 2011 4:02 pm

Scorpex, Inc. (SRPX) Announces Multi-Million Dollar Equipment Contract

Today after the closing bell, Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, announced it has entered into a major agreement with International Environmental Technologies, Inc. ("IET") for the acquisition and installation of waste gasification/thermal oxidation equipment as well as a license to use the technology. IET's patented technology is capable of processing municipal waste, medical waste and hazardous waste simultaneously without presorting for maximum efficiency. The oxygen starved system virtually eliminates noise and noxious odors when operating while reducing waste volume by 95%. The design of the system also…

WednesdayJul 27, 2011 3:41 pm

Trius Therapeutics, Inc. (TSRX) Receives $25 Million Upfront from Bayer Healthcare for Collaboration on Antibiotic to Fight Bacterial Infectious Diseases in Emerging Markets

Trius Therapeutics, Inc., a biopharmaceutical company focused on the discovery, development and commercialization of innovative antibiotics for life-threatening infections, today announced that Bayer Healthcare will pay $25 million upfront as well as 25 percent of future development costs to develop and commercialize Trius's lead Phase 3 antibiotic, torezolid phosphate (torezolid). In addition, Trius is eligible to receive up to $69 million upon the achievement of certain development, regulatory and commercial milestones and will receive double-digit royalties on net sales of torezolid in the licensed territory. The two companies aim to get global approval for torezolid as the drug of choice…

WednesdayJul 27, 2011 3:22 pm

Sanuwave Health, Inc.’s (SNWV) dermaPACE® To Be Highlighted in CME Presentation at APMA 2011

Sanuwave Health Inc., a medical technology company, focuses on the development and commercialization of non-invasive, biological response activating devices in the regenerative medicine area for the repair and regeneration of tissue, musculoskeletal, and vascular structures. Today the company announced dermaPACE® will be highlighted in a Continuing Medical Education (CME) accredited presentation at the American Podiatric Medical Association (APMA) 2011, which is to be held July 26-28 in Boston. Podiatrists are doctors who provide treatment for conditions that affect the ankle and foot, which includes soft tissue disorders such as diabetic foot ulcers. The presentation, which is titled “Pulsed Acoustic Cellular…

WednesdayJul 27, 2011 1:25 pm

Unilife Corp.’s (UNIS) Unifill Syringe Wows Healthcare Workers

Recently, Unilife Corp. took its Unifill® prefilled safety syringe to the APIC Conference in order to give the U.S. healthcare workers in attendance a sneak preview of this revolutionary device. Unilife was honored to have Dr. Mary Foley as its special guest at APIC. During the conference, Dr. Foley met with dozens of delegates from around the U.S., collecting their thoughts on the Unifill syringe and its potential benefits to healthcare workers and patients. The feedback Unifill received at APIC was overwhelmingly positive, and included more than just a few 'Wow!', 'Very Smooth', 'Awesome', 'Perfect' and 'Cool' reactions. Unilife set…

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