Blog - Page 3456 of 5558

WednesdayJan 19, 2011 1:49 pm

Net 1 UEPS Technologies Inc. (UEPS) is “One to Watch”

Net 1 UEPS Technologies Inc. is focused on providing its Universal Electronic Payment System (”UEPS”) as an alternative payment system for the unbanked and under-banked populations of developing economies. The company’s system enables the estimated four billion people who generally have limited or no access to a bank account, to enter into electronic transactions with each other, government agencies, employers, merchants and other financial service providers. UEPS works by using real-time smart cards that have offline functionality, unlike traditional payment systems offered by major banking institutions that require immediate connectivity to a network. This offline capability allows users of the…

WednesdayJan 19, 2011 1:48 pm

UV Flu Technologies, Inc. (UVFT.OB) is “One to Watch”

UV Flu Technologies is focused on developing, manufacturing and distributing bio technology products initially targeting the indoor air quality industry sector. The Company manufactures the ViraTech UV-400, which utilizes high-intensity germicidal ultraviolet radiation (UV-C) inside a killing chamber that goes beyond filtration to destroy harmful airborne bacteria at rates exceeding 99.2% on a first-pass basis. Increased media attention and growing public concern over the rise of flu pandemics, antibiotic resistant superbugs, asthma, allergies, tuberculosis, Sick Building Syndrome and toxic mold are encouraging governments, employers and homeowners to take further action to safeguard their health. As a result, the North American…

WednesdayJan 19, 2011 1:48 pm

Minera Andes Inc. (MNEAF.OB) Shows Increased Gold and Silver Production at San José Mine

Minera Andes, www.minandes.com – the Argentina-focused mineral exploration firm currently targeting gold, silver and copper, reported excellent production results today for the San José mine, covering Q4 2010 and the entire year (ended, Dec. 2010): • Q4 - 1,871,440 oz silver and 26,141 oz gold • 2010 - 5,323,842 oz silver and 84,303 oz gold The San José mine is very close geographically to the $3.6B Cerro Negro project being run by industry giant Goldcorp and MNEAF has a 49% working interest in the mine owner (via wholly-owned subsidiary Minera Andes S.A.), Minera Santa Cruz SA (a joint venture, of…

WednesdayJan 19, 2011 12:22 pm

Trans-Pacific Aerospace (TPAC.OB) Meets Eligibility Requirements for $2.2M Grant from China

Trans-Pacific Aerospace Company Inc., designer and manufacturer of bearing technologies for commercial aircraft use, today announced that its China enterprise has confirmed its eligibility to receive a 15 million yuan ($2.2 million) business development grant from China. Bill McKay, CEO of Trans-Pacific, said the eligibility reflects the Ministry of Science and Technology’s favor for the company, and that the eligibility positions Trans-Pacific as a recognized domestic China bearing manufacturer and a high-value company in the Guangzhou Technology Development Zone. Once the company finishes producing test parts, which will be submitted to the U.S. Navy for certification, McKay said the discussions…

WednesdayJan 19, 2011 11:11 am

Pernix Therapeutics Holdings, Inc. (PTX) Announces FDA Approval of Natroba

Today before the opening bell, Pernix Therapeutics announced that the U.S. Food and Drug Administration (FDA) has approved Natroba™ (spinosad) Topical Suspension, 0.9% to eliminate head lice (pediculosis capitis). Shown to resolve most head lice problems in approximately 10 minutes with just one application and no nit combing, Natroba™ is expected to hit the market in the first half of this year. “We believe Natroba™ gives physicians and parents a game-changing solution to the problem of head lice,” stated Bill Culpepper III, president of ParaPRO, LLC. “Natroba™ is the only head lice treatment whose approval is supported by superiority studies…

WednesdayJan 19, 2011 11:04 am

Railroad Tie Subcontract Worth $100,000 Awarded to Axion International (AXIH.OB)

Axion International is a leading structural solution provider of cost-effective alternative infrastructure and building products. The company's proprietary technologies allow it to produce the world's strongest recycled composite plastic industrial building products and railroad ties. Developed in conjunction with Rutgers University Materials Science and Engineering Department, Axion's proprietary Recycled Structural Composite material is inert and contains no toxic materials. It will not warp and is impervious to insect infestation. In addition, Axion's products are completely recyclable at the end of their functional life. The company announced today that it has been awarded a $100,000 railroad tie subcontract in support of…

WednesdayJan 19, 2011 11:02 am

OMNOVA Solutions Inc. (OMN) Reports Results for Fourth Fiscal Quarter

OMNOVA Solutions Inc. reported financial and operating results for the fourth quarter of fiscal 2010. The company saw higher overall revenues and record operating profit in its Performance Chemicals Segment. OMNOVA Solutions Inc. reported adjusted net income of $8.2 million, or $0.18 per diluted share, in the quarter ending November 30, 2010. The company reported adjusted net income of $11.5 million, or $0.26 per diluted share, in the same quarter of 2009. OMNOVA Solutions Inc. said that the reported adjusted net income amount for the fourth quarter contains several unusual items. These include acquisition expenses and the reversal of a…

WednesdayJan 19, 2011 11:01 am

ONE Bio Corp. (ONBI.OB) Granted the Designation of High-tech Enterprise by Fujian Provincial High-tech Department

ONE Bio Corp. announced yesterday that their subsidiary, Green Planet Bioengineering, Co., Ltd. through their Chinese operating unit, was granted the designation of high-tech enterprise by the Fujian provincial High-tech Department. ONE Bio, Corp.'s Chief Executive Officer, Mr. Marius Silvasan, stated, "Obtaining the high-tech designation in China is a great achievement for our Company both in terms of customer and general market recognition as well as for financial benefits." Mr. Silvasan added, "We drive innovation through our in-house R&D team. Our team's research has allowed us to file patents related to various extraction processes that we utilize today throughout our…

WednesdayJan 19, 2011 11:00 am

Unilava Corp. (UNLA.OB) and China Wi-MAX (CHWM.OB) Team Up to Capitalize on Growing China Market

Unilava Corp, a leading provider and developer of diversified communications and services across multiple devices and software platforms, announced today the first implementation of their Letter of Intent with China Wi-Max Communications to identify funding and resource opportunities to support engineering and capital needs towards their joint venture. Unilava's recent data center expansion with China Dragon Telecom, a pending acquisition, will help the companies meet the increased data needs in China. China Wi-Max has already invested more than $4 million developing fiber wireless services in China to offer customers advanced technology, improved reliability and fast data speeds. The companies aim…

WednesdayJan 19, 2011 9:07 am

Apricus Biosciences, Inc. (APRI) Video Chart for Wednesday, January 19, 2011

APRI is on close radar for a breakout as the chart is consistently making higher lows. Resistance is established at $4.34. Technical traders are looking for a volume surge to take out this resistance. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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