Blog - Page 3528 of 5743

WednesdayMay 18, 2011 2:36 pm

Tivus, Inc. (TIVU) Enters Phase II Development Following Successful Testing at Host Hotels & Resorts (HST) Property

Tivus, Inc. was pleased to announce today it has commenced Phase II development of its new high-definition (HD) Internet-protocol television (IPTV) in-room entertainment system subsequent to successfully testing its core ad-insertion technology. The company’s agreement with Host Hotels & Resorts (NYSE: HST) to deploy its new HD IPTV systems in Host properties was announced earlier year. Host Hotels & Resorts, Inc., an S&P 500 and Fortune 500 company, is recognized as the largest lodging real estate investment trust (REIT) and one of the largest owners of luxury and upper-upscale hotels. "We successfully completed testing of our ad-insertion technology in our…

WednesdayMay 18, 2011 2:09 pm

Stronger Customer Orders drives Solid Q1 Results for Sen Yu Holdings Inc. (CSWG)

Sen Yu International Holdings Inc., a leading commercial hog breeder and supplier in the People's Republic of China, yesterday announced its financial results for its fiscal third quarter ended March 31, 2011, posting increases across the board. Total revenue grew 36 percent to $20.3 million for 2011 compared to $14.9 million reported in the same period the year prior. The company attributes the increase to bigger orders from its major customers. "We experienced higher revenue and gross profit in what is typically a slower season following the Chinese holidays," Zhenyu (Jack) Shang, founder, chairman and CEO of Sen Yu Holdings…

WednesdayMay 18, 2011 2:02 pm

Roomlinx, Inc. (RMLX) Announces First Quarter Results for 2011

Roomlinx, Inc., a provider of in-room media, entertainment, and Wi-Fi solutions in hotels, resorts, and time-share properties, has recently announced its 2011 first quarter financial results. The results have reflected continuous increases in revenues and gross profits, along with a contribution of Canadian Communications. Roomlinkx’s revenue for the first quarter of 2011 was reported at $1,423,172, representing a 262% improvement from the first quarter of 2010. This improvement was mainly because of recurring revenue streams and recent property installations of their TV platform, as well as revenue streams obtained through the acquisition of Canadian Communications, which were not present for…

WednesdayMay 18, 2011 1:32 pm

Simulated Environment Concepts, Inc. (SMEV) Stands Alone

There are a number of things that clearly differentiate SpaCapsule, the popular self-contained automated massage and environmental simulation system produced by SE Concepts, from traditional water massage units. Most dramatically, the product’s revolutionary design and visual appeal instantly set it apart, but it’s the advanced integration of its rich feature set that has made SpaCapsule the latest status symbol. SpaCapsule, designed by doctors, is a unique fusion of the latest engineering and technology with a medical understanding of both the physical and mental aspects of the human body. Far more than giving an unparalleled massage, SpaCapsule is designed to effectively…

WednesdayMay 18, 2011 1:27 pm

Pacific Office Properties Trust, Inc. (PCE) Reports First Quarter of 2011 Results

Pacific Office Properties Trust, Inc. issued an operational and financial update for the first quarter of 2011. Pacific Office Properties Trust, Inc. reported adjusted funds from operations of $0.7 million, or $0.04 per diluted share, in the quarter ending 3/31/2011, compared to adjusted funds from operations of $1.8 million, or $0.10 per diluted share, in the comparable quarter in 2010. Pacific Office Properties Trust, Inc. recently formed two separate joint ventures with Angelo, Gordon & Co., a private investment company. The first joint venture will become the owner of the City Square Office Towers located in Phoenix, Arizona. The Towers…

WednesdayMay 18, 2011 1:26 pm

Credo Petroleum Corp. (CRED) Provides Update on Nebraska Oil Drilling Program, Three of Four Wells Successful

Credo Petroleum, the innovative exploration and production company which employs advanced technologies like their patented Calliope Gas Recovery System for pulling out stranded gas reserves and has substantial acreage in the Williston Basin/Bakken (North Dakota), Anadarko Basin (Texas/Oklahoma), central Kansas and southern Oklahoma, reported today updated drilling results at the Company’s Nebraska drilling play. The Nebraska acreage is an extension of the Company’s Central Kansas Uplift drilling play (40% success rate) and represents the final piece in what is now a 40k-acre puzzle that CRED has assembled in southwestern Nebraska. Between rigorous subsurface geological analysis and more advanced 3D seismic,…

WednesdayMay 18, 2011 1:22 pm

GreenHouse Holdings Inc. (GRHU) Reports 33% Earnings Increase for Q1

GreenHouse Holdings Inc., a San Diego -based integrated energy solutions provider, today posted financial and operational results for the first-quarter 2011. Revenues for the three months ended March 31, 2011, were approximately $1.47 million, a 33 percent increase over $1.10 million reported for the comparable period of 2010. The company’s revenues were impacted by $323,000 in revenue generated by Life Protection Inc., which GreenHouse acquired on September 8, 2010. Gross profit percentage was 44 percent and 49 percent for the first quarter of 2010 and 2011, respectively. The company said the decrease in gross profit percentage was due to increased…

WednesdayMay 18, 2011 11:32 am

Cleantech Transit Inc. (CLNO) is “One to Watch”

Cleantech Transit Inc., founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector, has expanded their focus to invest directly in specific green projects. Recent advances in the technology of converting wood waste into power have significantly enhanced the economic value of their systems. Cleantech Transit, Inc. is headquartered in Scottsdale, Arizona. Cleantech produces and sells clean electricity worldwide, focusing on sustainable energies using renewable resources such as Geothermal, Solar, and Wind. The Company's goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy. Cleantech Transit Inc.…

WednesdayMay 18, 2011 11:22 am

Precision Petroleum Corp. (PPTO) is “One to Watch”

Precision Petroleum Corp. is an independent energy company whose shares trade on the OTC Bulletin Board. The Company engages in the acquisition, exploration and development of oil and natural gas properties in North America. Founded in 2007, Precision Petroleum Corp. has their headquarters in Shawnee, Oklahoma. The Company's objective is to seek out and develop opportunities in the oil and natural gas sectors that represent a low risk opportunity. Furthermore, they aim to define larger projects that they can develop with Joint Venture Partners. Precision currently owns interest in over 26 producing properties in Oklahoma. The Company is actively exploring…

WednesdayMay 18, 2011 11:04 am

FluoroPharma Medical (CEWM) Completes Merger and Successfully Raises Financing

FluoroPharma Medical announced this morning that it has successfully merged with Commercial E Waste Management (CEWM). The newly combined, publicly traded company was renamed FluoroPharma Medical, Inc., reflecting the company’s primary focus on FluoroPharma's PET imaging product development. It was also announced that FluoroPharma Medical completed a capital raising transaction through the placement of $3.5 million in stock. The company anticipates adopting a new ticker symbol on the OTC Bulletin Board in the near future. "This merger and capital infusion provide FluoroPharma with the resources to advance the clinical development of our promising PET imaging agents for acute and chronic…

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