Blog - Page 3542 of 5489

WednesdayAug 11, 2010 10:36 am

eDoorways Corp. (EDWY.PK) Takes On Diverse Global Client ISTEC

eDoorways Corp., the expanding social network dedicated to problem solving, has taken on its biggest client challenge to date. After months of preparation, eDoorways is now actively engaged in establishing a web-based collaborative platform for ISTEC (Ibero-Amercian Science & Technology Education Consortium). ISTEC is a non-profit institution formed in 1990 to encourage communication and cooperation to improve the quality of life in Ibero-America. (Ibero-America is a term used to refer to any countries in the Americas which were formerly colonies of Spain or Portugal.) As a consortium of over 100 universities serving a large part of an estimated 20 million…

WednesdayAug 11, 2010 9:13 am

Attunity Ltd. (ATTUF.OB) Posts Solid Q2 Results; Highlights Strategic Business Partnerships

Attunity Ltd., a leading provider of real-time data integration and event capture software, today posted its unaudited financial results for the second quarter ended June 30, 2010, reflecting annual growth and enhanced business relationships. For the second quarter of 2010, Attunity posted total revenues of $2.54 million, up 18 percent from $2.15 million reported for the second quarter of 2009. License revenue for the quarter was $1.13 million, compared to $0.89 million reported for the comparable quarter of last year. The company reported a non-GAAP operating profit of $317,000 for the second quarter of 2010, compared to $280,000 in the…

WednesdayAug 11, 2010 9:07 am

VirTra Systems (VTSI.PK) Posts Record Revenues as Sales Continue to Increase

VirTra Systems, Inc. released its second quarter numbers earlier this week which revealed more than 50% increases for both growth and profit as compared to the same quarter in 2009. The second quarter was the highest revenue-generating quarter in the Company’s history with sales in excess of $1.5 million, which represents a 57% increase over the same quarter in 2009. VirTra continues to grow internally to both facilitate and perpetuate the increased sales. Six new sales people have been hired recently, bringing the total number of employees to 29, and the Company is moving to a new, larger headquarters. The…

WednesdayAug 11, 2010 9:04 am

PolyMedix, Inc. (PYMX.OB) Completes Successful Study

One company that is starting to attract national attention is PolyMedix, Inc. Located in Radnor, Pennsylvania, PolyMedix is an emerging biotechnology company with their focus on developing new therapeutic drugs to treat acute cardiovascular disorders and infectious diseases. Today, PolyMedix announced they have successfully completed a Phase 1B/2 dose-ranging clinical study with PMX-60056 which is a synthetic small-molecule designed to reverse heparin and low molecular weight heparin (LMWH) anticoagulants. The data from the study indicated that PMX-60056 met the endpoints of the research regarding both the reversal of varying heparin levels as well as allowing re-anticoagulation and re-reversal. The data…

WednesdayAug 11, 2010 8:44 am

Autism’s New Hope

For a parent, it’s difficult to imagine a more distressing disease than autism, nor one that has caused more of an outcry for a remedy given its dramatic increase in diagnosis since the 1980s. Autism is a neural development disorder, greatly impairing the sufferer’s ability to communicate or interact socially. It affects the way nerve cells in the brain and their synapses connect and organize, often displaying signs before the age of two, robbing a child of normal parental or peer relations. There is a strong genetic basis to autism, but the exact nature of the mechanism is unclear. A…

WednesdayAug 11, 2010 7:47 am

XELR8 Holdings, Inc. (XELR.OB) Announces Name Change to Bazi International, Inc.

XELR8 Holdings, Inc., a provider of nutritional foods and beverages designed to help enhance physical health and overall performance, recently announced its corporate name change to Bazi International, Inc. since the name BAZI® has long been affiliated with the company as its principal product offering. The company’s common stock will remain listed on the OTC Bulletin Board under the current symbol XELR until new a symbol is assigned by Financial Industry Regulatory Authority. Once a new trading symbol is assigned, the company will make a public announcement along with the trading symbol’s effective date. The name change was completed via…

WednesdayAug 11, 2010 7:43 am

Magellan Petroleum Corp. (MPET) Updates Domestic and International Oil and Gas Operations

Magellan Petroleum Corp. reported an update on its exploration and development activities in various oil and gas basins in the United States, Australia and the United Kingdom. Magellan Petroleum Corporation said that in the Weald Basin in the United Kingdom, the company has consulted with its partners and has decided to start drilling the Markwells Wood 1 well. The Markwells Wood 1 well is located in Horndean oil field. Magellan Petroleum Corporation said that the well was originally delayed because of cost overruns out of its control since the company was not the operator of the well. Magellan Petroleum Corporation…

WednesdayAug 11, 2010 7:41 am

Clayton Williams Energy, Inc. (CWEI) Reports Second Quarter 2010 Results

Clayton Williams Energy, Inc. reported net income of $14 million, or $1.15 per diluted share, for the second quarter of 2010. The company reported a net loss of $38.6 million, or ($3.18) per diluted share, in the corresponding quarter of 2009. Clayton Williams Energy, Inc. attributed the large improvement in earnings on a year over year basis to higher realized prices for oil and gas sales. The company reported that the average realized price for oil in the second quarter of 2010 was $74.27 per barrel, compared to only $56.55 per barrel in the second quarter of 2009. Clayton Williams…

TuesdayAug 10, 2010 3:10 pm

Javo Beverage (JAVO.OB) Reports Q2 Results, Improvement Plans for Second Half of 2010

Javo® Beverage Company Inc. today posted its results for the second quarter of 2010, and outlined its strategy to improve results in the upcoming quarter. The company’s second-quarter gross sales rose 3.0 percent to $7.3 million, up from $7.1 million reported for the second quarter of 2009. Javo’s primary source of revenue is dispensed products. Gross sales from these products increased 3.4 percent to $6.7 million from the same quarter of 2009. The company attributes the growth to an increased number of beverage dispensing locations serving Javo's coffee and tea products. Gross profit for the second quarter was $2.4 million,…

TuesdayAug 10, 2010 3:05 pm

Axesstel, Inc. (AXST.OB) Posts Q2 Results; Hints at Positive Second Half for 2010

Wireless solutions provider Axesstel Inc. today posted its second quarter and six-month financial results for the period ended June 30, 2010, highlighting its focus for the second half of 2010. The company reported revenues for the second quarter of 2010 at $11.2 million, as compared to $11.9 million reported for the same quarter of 2009; net loss for the second quarter was $1.4 million, or $0.06 loss per share, compared to a net loss of $2.2 million, or $0.09 per share, for the comparable quarter of last year. Gross margin for the second quarter 2010 was $2.0 million, or 18…

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