Blog - Page 3567 of 5442

WednesdayJun 02, 2010 12:11 pm

Beacon Enterprise Solutions Group, Inc. (BEAC.OB) Retains Mark Gervasoni as Chief Marketing & Sales Officer

Beacon Enterprise Solutions Group, Inc., www.askbeacon.com – a titan forged from the union of four independently successful IT/telecom firms, is a fully integrated leader in the sector with a proven track record of designing and successfully implementing comprehensive Information Technology System (ITS) architectures. The Company disclosed details today regarding the appointment of Mark Gervasoni to Chief Marketing & Sales Officer. Gervasoni brings a wide range of industry experience to the position, along with a strong portfolio of former activity: • 51 years old with 15 years in sales/management for public sector and private sector Fortune 1000 companies • Sales Director…

WednesdayJun 02, 2010 12:02 pm

NetSol Technologies, Inc. (NTWK) Offers Full Credit Bureau Capabilities with Web-Based Product

NetSol Technologies Inc., a leading global enterprise software company, offers among its many products and services one of the most advanced credit automation systems available anywhere in the world. Its name is Electronic Credit Information Bureau (e-CIB) and it allows any commercial or governmental operation to fully automate the functionalities of a credit bureau. Completely web-based, the system provides the user direct and immediate online access to borrower financial data. It’s an end-to-end solution for credit bureaus, banks, and other commercial and government users. e-CIB is state-of-the-art, incorporating Oracle and Java, with a secure interface made possible through the use…

WednesdayJun 02, 2010 11:57 am

MacroSolve, Inc. (MCVE.OB) Signs Investment Banking Agreement with Source Capital Group

MacroSolve Inc. has over 13 experience in the mobile applications marketplace and delivers the bottom-line benefits of mobility to small and medium-sized businesses and governments. The company's patent-pending mobile app development platform, ReForm XT, is being deployed by a growing number of businesses across a broad array of enterprise uses and vertical markets. Apps powered by ReForm XT are available on iPhone, BlackBerry, Windows Mobile and will be available on Google's Android in the fourth quarter of 2010. MacroSolve's DineInsight and ClubInsight branded mobile business apps, both powered by ReForm XT, serve the needs of the restaurant and hospitality industry;…

WednesdayJun 02, 2010 9:51 am

Encision Inc. (ECIA.OB) Enters into Purchasing Agreement with HealthTrust Purchasing Group, LP

Yesterday, Encision Inc. announced that they entered into a purchasing agreement with HealthTrust Purchasing Group, LP, effective June 1, 2010. The products designated in the agreement are "Laparoscopic Safety Instruments – Active Electrode Monitoring Laparoscopy". Headquartered in Brentwood, Tennessee, HealthTrust Purchasing Group is a group purchasing organization. The Company supports almost 1,400 not-for-profit and for-profit acute care facilities. They also support ambulatory surgery centers, physician practices, and alternate care sites. HealthTrust Purchasing Group has an annual purchasing volume by their members of more than $17 billion. Their commitment is to obtaining the best price for clinically recommended products, ensuring their…

WednesdayJun 02, 2010 9:48 am

Universal Display Corp. (PANL) Made Splash with Presentation of All-Phosphorescent White OLED

One company that savvy investors are starting to place in their portfolio is the Universal Display Corporation. Based in Ewing, New Jersey, the Universal Display Corporation has quickly evolved into a leader in developing and delivering state-of-the-art, organic light emitting device (OLED) technologies, materials and services to the display and lighting industries. On May 27, company took a major step towards enhancing their future with the presentation of their all-phosphorescent white OLED. Universal Display’s white OLED performance will now be on a commercial-scale 15 cm x 15 cm lighting panel using the company’s highly-efficient phosphorescent OLED technology and materials. This…

WednesdayJun 02, 2010 8:49 am

Simulated Environment Concepts, Inc. (SMEV.PK) Announces Additional Funding from Primary Lender

Simulated Environment Concepts, makers of the high pressurized dry water massage and relaxation station SpaCapsule, announced this morning that its current and primary lender, AJENE WATSON, LLC, increased the company's credit facility by an additional $250,000. Dr. Ella Frenkel, Chairman and CEO of Simulated Environment Concepts, Inc. (SE Concepts), stated, "It is very comforting to know a firm like AJENE WATSON, LLC is supporting you with long term sound business advice and capital resources. The increased credit line gives us a cushion for smooth operation into the foreseeable future." Ajene Watson, Managing Member of AJENE WATSON, LLC, commented, "We have…

WednesdayJun 02, 2010 8:16 am

China BCT Pharmacy Group, Inc. (CNBI.OB) Acquires Group of Retail Pharmacy Stores

Leading pharmaceutical distributor China BCT Pharmacy Group, Inc. announced that it has successfully acquired prominent retail pharmacy stores in Laibin City. The move strategically expands the company’s growing pharmaceutical footprint in Guangxi Province, where it is currently based. Last month, China BCT paid $0.6 million in cash for 11 retail pharmacy stores in Laibin City. China BCT will invest a total of approximately $49,000 to upgrade these stores, which were previously owned by Laibin Teng Fei Pharmaceutical Limited. The renovations will bring the stores up to China BCT’s standards; some projects and upgrades have already begun and all have an…

WednesdayJun 02, 2010 8:13 am

Li-Ion Motors Corp. (LMCO.OB) Secures First Marketing and Manufacturing Licensing Agreement with Canadian Corporation

Li-ion Motors Corp., an innovative leader in the design and engineering of emission-free all electric, high-speed, automotive propulsion systems that utilize the latest lithium-ion battery technology, recently announced that the company has secured a licensing agreement for the marketing and manufacturing of its technology to a Canadian corporation. This license will enable the Canadian company to market all of Li-ion Motors products, including The Wave, The Inizio and LiV products in Canada. Once the valuation is complete, which is being conducted by an independent agency, Li-ion Motors Corp. will receive a total cash payment of $1 million CDN. The Canadian…

WednesdayJun 02, 2010 8:10 am

Hawkins, Inc. (HWKN) Reports Results for Fourth Quarter and Full Year

Hawkins, Inc. reported net income of $5.5 million, or $0.54 per diluted share, in the fourth quarter of fiscal 2010. The company earned net income of $5.1 million, or $0.50 per diluted share, in the same period in fiscal 2009. Hawkins, Inc. reported net income of $23.8 million, or $2.32 per diluted share, in fiscal 2010, approximately flat with fiscal 2009. Gross margin increased on a year over year basis, from 22% in fiscal 2009 to 25.1% in fiscal 2010. Hawkins, Inc. reported revenues of $57.9 million in the fourth quarter of fiscal 2010, compared to revenues of $67.8 million…

WednesdayJun 02, 2010 8:08 am

GSC Investment Corp. (GNV) Reports Decline in Net Investment Income in Fiscal 2010

GSC Investment Corp. reported net investment income of $5.7 million, or $0.54 per share, in the fiscal year ending 2/28/2010. Net investment income was $13.8 million in fiscal 2009. The company reported net investment income of $1.2 million, or $0.07 per share, in the final quarter of fiscal 2010. GSC Investment realized $5.1 million in net losses during the quarter. GSC Investment is organized as a business development company and controls a portfolio of debt and leveraged loans issued to small to mid size companies based in the United States. The company’s investment portfolio at the end of fiscal 2010…

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