FridayNov 12, 2010 9:42 am

GC China Turbine Corp. (GCHT.OB) Appoints Chief Financial Officer

GC China Turbine Corp., a leading Chinese manufacturer of state-of-the-art 2-bladed wind turbines, announced today that it has named Ms. Ping Ye as its Chief Financial Officer. Her responsibilities will include leading GC China's global finance, planning and accounting efforts as the company continues to expand its presence in the Chinese and European wind markets. "Ms. Ye brings tremendous credentials and experience in high growth markets to GC China Turbine," stated Mr. Hou Tie Xin, Chairman of the Board. "GC China is in the midst of tremendous growth on both a year-over-year and sequential basis. Importantly, we have managed this…

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FridayNov 12, 2010 9:37 am

Optelecom-NKF, Inc. (OPTC) To Be Acquired by TKH Group N.V.

Optelecom-NKF, Inc. announced yesterday that it has signed a definitive merger agreement for a subsidiary of TKH Group N.V. to acquire all outstanding shares in an all cash merger transaction for $2.45 per share. Although the merger agreement was unanimously approved by the Board of Directors, the transaction is still subject to the approval of Optelecom-NKF’s stockholders and other customary closing conditions. Alexander van der Lof, CEO of technology company TKH commented, “The strategic fit between TKH and Optelecom-NKF is excellent. Optelecom-NKF’s portfolio is complementary to TKH’s existing portfolio and strengthens TKH’s position in the infra, transport and public transit…

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FridayNov 12, 2010 9:20 am

Triad Guaranty Inc. (TGIC.OB) Reports Third Quarter Results

Yesterday, Triad Guaranty Inc. reported their 2010 Third Quarter Results. The Company reported net income of $54.0 million, which includes $29.6 million attributable to the repurchase of their long-term debt (reported as an extraordinary item) and $14.7 million attributable to realized investment gains, for the third quarter ended September 30, 2010. This is compared to net income of $79.1 million for the second quarter of 2010 and a net loss of $101.9 million for the third quarter of 2009. The 2010 third quarter diluted income per share was $3.56 ($1.61 per share before extraordinary item). This is compared to diluted…

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FridayNov 12, 2010 9:05 am

A.D.A.M., Inc. (ADAM) Announces 3-D Search Tool For Hospitals, Healthcare Websites

Yesterday, A.D.A.M., Inc. announced that they will be unveiling their new search tool, the A.D.A.M. Health Navigator, at the Annual Healthcare Internet Conference in Las Vegas during November 15-17. A.D.A.M., a provider of consumer health information and technology to healthcare organizations, is introducing a new search system that combines 3-D design with their database of health information. The system will use 3-D avatars and A.D.A.M.'s database of articles to provide faster, more intuitive searches for information. Consumers can search through topics such as symptoms, injuries, self care, diseases, medical tests and surgeries, as well as selected areas of the body.…

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FridayNov 12, 2010 9:03 am

Transgenomic, Inc. (TBIO.OB) Receives Grant of $1,070,453 from U.S. Government

Located in Omaha, Nebraska, Transgenomic has earned a reputation as a global biotechnology company specializing in high sensitivity genetic variation and mutation analysis. Today, Transgenomic announced they have received a $1,070,453 grant from the U.S. Government. The award was granted under the Patent Protection and Affordable Care Act and is among the larger awards that any one company has received under the act. Four of the young company’s Research and Development (R & D) programs received the highest maximum allowable award of $244,479.25 each. Under the Act, $1 billion was earmarked for qualifying therapeutic discovery projects that treat areas of…

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ThursdayNov 11, 2010 2:55 pm

Echo Therapeutics, Inc. (ECTE.OB) Files for FDA Clearance

Echo, www.echotx.com – the developers of the revolutionary Symphony™ tCGM System for continuous glucose monitoring and Prelude™ SkinPrep System for transdermal drug delivery, reported submission of a 510(k) premarket notification to the FDA today for its Prelude System and 4% lidocaine cream (anticipated market clearance is 90 days). Having developed the Symphony, a needle-free, non-invasive and wireless system, around the Prelude system, ECTE believes the technology offers unprecedented quality of life for diabetics, especially for patients in critical care or ambulatory environments. President, Chairman and CEO of ECTE, Patrick T. Mooney, M.D., called this news a major milestone in the…

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ThursdayNov 11, 2010 2:40 pm

Wolverine Exploration, Inc. (WOLV.OB) Receives Approval to Commence IP Survey at Cache River

Wolverine Exploration Inc. was pleased to announce that the previously announced induced polarization (IP) survey is now in progress on the Cache River Property in Labrador. Conducted by Abitibi Geophysics under the supervision of Robert McKeown, the survey will be used to detect disseminated sulphide that may be sub-surface extensions of known surface showings and drillhole intersections containing copper. Three drill holes recently drilled on the property intersected significant sulphide mineralization containing visible chalcopyrite. The company has been very encouraged by initial results, in particular by the 62 meters of mineralization encountered in Hole DDC-04-10 and the 16.8 meters in…

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ThursdayNov 11, 2010 2:02 pm

ZalDiva, Inc. (ZLDV.OB) to Introduce Revamped Website; Total Rebranding Underway

ZalDiva, Inc. recently announced that its new website is almost finished. Adding many new features, the new zaldiva.com will provide a user friendly, informative and exciting browsing experience. Updates include a new php content management administrative backend and newly integrated Microsoft ecommerce and offline point of sale system to handle all sales and updates in a realtime database structure. By pulling in content from many comics and related fan websites into one pop culture hub, the new website is poised to become a leader in the global comics and pop culture arenas. The site will utilize rss feeds from Marvel,…

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ThursdayNov 11, 2010 12:00 pm

Flint Telecom Group (FLTT.OB) Introduces New Mobile Money Transfer Service

Flint Telecom Group, a fast growing telecom technology organization with a portfolio of companies offering next-generation IP communications, announced today creation of a new mobile payment system allowing users to transfer money and pay bills from their cell phone. The service will be available first in the U.S., and then rolled out to other countries, with first generated revenues from processing fees expected as early as the first quarter of next year. Flint Telecom Chairman and CEO, Vincent Browne, commented on the new system. “Mobile banking on cell phones will extend financial transaction services to millions of people on a…

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