Blog - Page 3406 of 5676

WednesdayJul 13, 2011 9:54 am

Sol J. Barer, Ph.D to Join InspireMD, Inc. (NSPR) Board of Directors

With locations in Israel and Germany, InspireMD is a medical device company that focuses on the development and commercialization of its proprietary stent technology MGuard. Today, InspireMD announced they have named Sol J. Barer, Ph.D to their Board of Directors. The addition of Barer adds a great deal of credibility to the up-and-coming company. Dr. Barer is a respected name in the sector whom brings over 30 years of experience with biotechnology companies and is the founder and former Chairman, COO and CEO of Celgene, a NASDAQ-listed company. One of the earliest moments of Dr. Barer’s career that led him…

WednesdayJul 13, 2011 9:23 am

SPI Solar, Inc. (SOPW) Begins 8-Megawatt Development in California

Yesterday, SPI Solar, Inc. announced that it had entered into a contract to construct an 8-megawatt DC utility scale development near Palm Springs, CA. SPI has also signed a power purchase agreement with Southern California Edison, under which SCE will be the exclusive buyer of any electricity produced by the SPI system. This purchase agreement will extend for a twenty year period. SPI is a photovoltaic solar power developer that offers distributed generation and development of utility-scale solar energy facility development. SPI has a relationship with LDK Solar to improve its vertical integration abilities. SPI's solar energy facilities provide power…

WednesdayJul 13, 2011 9:20 am

SecureAlert, Inc. (SCRA) Reports Completion of Acquisition of Midwest Monitoring & Surveillance, Inc.

On Tuesday, SecureAlert, Inc. reported the completion of their acquisition of the remaining 46.855 percent in outstanding capital stock of Midwest Monitoring & Surveillance, Inc. (MM&S) headquartered in Minnesota. As a result of the acquisition, MM&S is now a wholly owned subsidiary of SecureAlert, Inc. Mr. John L. Hastings III, President & CEO of SecureAlert, Inc., said, "As we focus on expanded domestic services and global growth opportunities, it made good business sense for us to exercise our option to complete the acquisition of MM&S at this time. MM&S provides not only a foundation for revenue growth, but recent MM&S…

WednesdayJul 13, 2011 5:04 am

RF Monolithics, Inc. (RFMI) Completes Distribution Partnership with Future Electronics

Dallas, Texas-based RF Monolithics, Inc. (RFM)., a provider of M2M and wireless communications-enabling technology, yesterday announced it has signed a worldwide franchise distribution agreement with Canada-based Future Electronics, an innovator in the distribution and marketing of electronic components. Per the agreement, Future Electronics will provide global sales, design support and fulfillment services for RFM-certified RF modules, short-range IC radios, and RF components products. RFM’s technologies and components can be integrated into a wide variety of common M2M and communications applications, which expands Future Electronics’ market reach. “RFM’s extensive product portfolio targets the burgeoning demand for RF products in the M2M…

TuesdayJul 12, 2011 5:06 pm

Brinx Resources Ltd. (BNXR) Updates Oklahoma Oil and Gas Program

Brinx Resources Ltd. issued an operational update on its oil and gas activities in the United States, where the company is developing project areas in Oklahoma, Mississippi and California. Brinx Resources has decided to drill a well on the company’s leasehold in Oklahoma. The 2008-3-5A well is designed to offset a successful oil and gas well that was drilled and completed at the same project area in May 2009. The company expects to spud the new well before the end of July 2011. Brinx Resources said that the original well has produced a cumulative total of approximately 150,000 barrels of…

TuesdayJul 12, 2011 5:04 pm

Hollysys (HOLI) Finalizes CCPL Acquisition for $43.2M

Hollysys Automation Technologies Ltd., provider of automation and control technologies and applications in China, today announced it has completed its acquisition of Concord Corporation Pte Ltd. and its group of companies (CCPL) for approximately $43.2 million. Headquartered in Singapore, CCPL provides electrification related services to rail and industrial industrials in South-East Asia and the Middle East. Hollysys said it expects the acquisition to generate increased cross selling of its existing product lines in CCPL’s target markets. "We are very pleased to have closed the acquisition of CCPL. The seasoned and high-caliber management team will remain intact, and the daily operation…

TuesdayJul 12, 2011 3:59 pm

XZERES Corp. (XPWR) is “One to Watch”

XZERES Corp. is focused on designing, developing, manufacturing and marketing distributed generation, wind power systems for the alternative energy market. The company’s grid connected and off grid wind turbine systems are utilized for micro-grid based rural electrification, agricultural purposes, small business, rural electric utility systems, as well as other private, corporate infrastructure and government applications. The company’s product portfolio currently includes 2.5 kW and 10 kW rated power systems, with additional larger systems in development. Comprised of a wind turbine, power electronics, towers, and auxiliary components, each system provides a complete solution featuring high efficiency design with reduced service and…

TuesdayJul 12, 2011 2:47 pm

Command Center (CCNI) Posts Q2 Results, Expectations for Future Growth

Command Center, Inc., a national provider of on-demand and temporary staffing solutions, today posted its second-quarter results for the three months ended July 1, 2011. Revenue for the quarter was $20.41 million, a 7 percent increase over revenue of $19.08 million recorded in the comparable quarter of 2010. For the five-week reporting period of June 2011, Command announced revenue of $7.89 million compared to $9.32 million in comparable timeframe of 2010. Command’s core business, total revenue minus revenue derived from short-term disaster recovery projects, increased 29 percent to $19.80 million in the second quarter of 2011 from $15.36 million reported…

TuesdayJul 12, 2011 1:27 pm

MedPro Safety Products, Inc. (MPSP) Obtains CE Mark from BSI for Blood Collection Safety Products

MedPro Safety Products, Inc., a company that engages in developing, acquiring, and selling medical device safety products incorporating needlestick prevention technologies in the U.S. and internationally, has announced that it has received a CE Mark from the British Standards Institute (BSI) for its products for blood collection safety. The CE Mark enables the free movement of products within the European Union. “The CE Mark is another important milestone for MedPro, allowing for the expansion of sales of the VACUETTE® blood collection devices into large and growing markets in Europe,” said Craig Turner, Chairman and CEO of MedPro Safety Products. “We…

TuesdayJul 12, 2011 1:22 pm

Cereplast, Inc. (CERP) Signs Agreement to Supply Bioplastic Resin to the Turkish Market

Cereplast, Inc. designs and manufactures proprietary bio-based, sustainable plastics which are used as substitutes for petroleum-based plastics in all major converting processes at a competitive price. The company offers resins to meet a variety of customer demands in areas like the automotive, consumer electronics, packaging and food service industries. The company announced today that it has entered into a distribution agreement with Polimernet Plastik Limited to supply Cereplast bioplastic resins to the Turkish market. Under the terms of the agreement, Polimernet Plastik will supply Cereplast Compostables resin to product and package manufacturers in Turkey. The contract involves a minimum of…

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