MondayJun 20, 2011 12:29 pm

Imperial Resources, Inc. (IPRC) Secures Funds for Disposal Facility

Imperial Resources, Inc. reported that the company has secured financing to complete the development of a disposal facility in Texas. The facility will be used to dispose of salt water from oil and gas wells in the Barnett Shale and other areas. Imperial Resources said that the financing is in the form of an unsecured convertible loan and is for up to $1.2 million. The company would not identify the lender. Imperial Resources expects to use the funds immediately to begin construction of the facility, and estimates that commercial operations at the site can begin in eight weeks. The salt…

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MondayJun 20, 2011 12:04 pm

Nano Viricides (NNVC) to Ramp Manufacturing, Leases Facility with Increased Capacity

Nano Viricides Inc., a development-stage company focused on creating nanomaterials for viral therapy, today announced it will lease new space for current Good Manufacturing Practices (cGMP) production of its nanoviricides drug candidates for the treatment of various viral diseases. The company plans to lease the space with an option for a future purchase from Inno-Haven LLC, as it acts on its need to produce larger quantities of its drug candidates for upcoming toxicological studies. If the studies are successful, the company said it will manufacture additional materials to conduct human clinical trials if and when approved by the U.S. Food…

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MondayJun 20, 2011 12:02 pm

BioClinica, Inc. (BIOC) Releases OnPoint Platform, Notes Increased Industry Demand

BioClinica, Inc., a global provider of clinical trial management solutions (CTMS), today announced the release of its BioClinica OnPoint platform, which it acquired from TranSenda in 2010. The company highlighted industry trends migrating toward collaborative technology that can be integrated with existing systems. “A quiet transformation of clinical study architectures is occurring in the industry through the increased use of standard collaboration tools for clinical study management and regulatory document management,” Gartner Research Vice President Steve Lefebure stated in the press release. “Life science companies are seeking to leverage existing infrastructure, support collaboration, and create flexibility. Solutions that leverage both…

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MondayJun 20, 2011 11:05 am

Simulated Environment Concepts, Inc. (SMEV) Announces Upcoming Presentation at National Eagles and Angels Association New York Meeting

Simulated Environment Concepts, the manufacturer and developer of medical, aesthetic, weight loss, wellness, and slimming equipment, just announced that the company has been invited to present at the National Eagles and Angels Association's (NEAA) New York City Chapter meeting tomorrow at the prestigiously renowned Oak Room (Plaza Hotel). With Chapters in New York, Miami, Dallas and Houston, the NEAA is a national alliance of institutional and individual high net worth investors as well as family offices who seek to effect economic change by supporting the entrepreneurial growth and development of micro- and small cap companies. NEAA members help nurture those…

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MondayJun 20, 2011 10:47 am

Joe’s Jeans, Inc. (JOEZ) Expands to the Middle East, Opens First Store in Dubai

California-based Joe's Jeans Inc. designs, manufactures and sells apparel and related products to the retail and premium markets under the Joe's brand and related trademarks. The company's product line includes jeans for both men and women, pants, shirts, sweaters, jackets, and women's handbags, shoes, belts, and other leather goods along with a line of children's items. The company announced today that it has expanded its retail store strategy through the opening of its first store in Dubai at the Mirdif City Center. This is a world-class shopping destination with over 200 stores new and unique to the United Arab Emirates.…

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MondayJun 20, 2011 10:03 am

Solar Power, Inc. (SOPW) Awarded Solar Energy Facility Project

Today, Solar Power, Inc. took a major step towards prominence with the announcement they have entered into an engineering, procurement and construction (“EPC”) contract to serve as EPC contractor for a 1.69MW DC photovoltaic solar project in New Jersey. The project will be owned and operated by NuGen Capital Management, LLC (“NuGen”), through one of NuGen’s wholly-owned subsidiaries. The system will be a roof-mounted distributed generation system for on-site power consumption. The SEF being built by SPI will be connected to 5 independent meters serving tenants at the complex owned by North Jersey Development Group, Inc. This will not only…

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MondayJun 20, 2011 9:59 am

Pegasi Energy Resources Corp. (PGSI) Reports Excellent Results from Initial Swab Test on New Well in East Texas

Pegasi Energy Resources, the oil and gas developer which is currently focused on low risk, growth-oriented activity at the Company’s Cornerstone project in Marion/Cass counties of the prolific eastern Texas region, reported initial swab testing results today on the latest well at Cornerstone, the Swamp Fox #1. Drilled to 7k feet and finished just 500 feet shy of that depth in a premium Cretaceous reservoir, the Swamp Fox #1 swab tested 82 bbls of 35.1 degree API gravity oil after a specialized fracking (with another 118 bbls of associated saltwater). This latest well represent just one step in a larger…

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MondayJun 20, 2011 9:57 am

Viking Systems, Inc. (VKNG) is “One to Watch”

Viking Systems, Inc. is a leading global developer, manufacturer and marketer of 3D and 2D visualization solutions for complex minimally invasive surgery. The Company actively markets and sells the only stand-alone, FDA cleared, cost-effective 3D system for use in minimally invasive laparoscopic surgery. In addition, they manufacture advanced two-dimensional (2D) vision systems for targeted configurations and channels, and 2D cameras and components, sold through strategic partner and original equipment manufacturer (OEM) programs. Viking Systems, Inc. has their corporate headquarters and operations in Westborough, Massachusetts. Their commitment is to vision and information solutions that improve clinical outcomes, increase efficiency and expand…

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MondayJun 20, 2011 9:48 am

ThermoEnergy Corp. (TMEN) is “One to Watch”

ThermoEnergy Corp. engages in the global commercialization of technically advanced, state-of-the-art technologies providing cost-effective and environmentally responsible solutions for air and water pollution problems. Trading on the OTCBB, the Company's mission is to become a significant force within the worldwide municipal/industrial wastewater treatment and power generation industries. ThermoEnergy’s wastewater recovery division provides premier process economics and environmental compliance for an array of industrial and municipal water treatment facilities. Their water division specializes in custom-designed, turnkey solutions for a broad spectrum of clients. This division is being managed from their offices in Worcester, Massachusetts, Little Rock, Arkansas, New York, New York,…

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MondayJun 20, 2011 9:33 am

usclePharm Corp. (MSLP) Targets Walmart with New Licensing Deal

MusclePharm Corp., an expanding U.S. nutritional supplement company, today announced a licensing deal with retail giant MMA ELITE of UBM, LLC (Ultimate Brand Management). Entitled MMA ELITE Supplements Powered by MusclePharm, the award-winning supplements will be distributed through mass market retailers, major drugstore chains and membership clubs. Walmart, Sam's Club, Costco, CVS, Walgreen's and numerous other international chains are targeted for the distribution of these products. MMA ELITE, which is an Official Partner of the Ultimate Fighting Championship (UFC), has been experiencing extraordinary growth with sales now totaling more than $150 million. MMA ELITE products are available at top retailers…

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