Blog - Page 3568 of 5741

MondayApr 04, 2011 4:32 pm

PAETEC Holding Corp. (PAET) Expands Market Reach and Sales Channel through Intellifiber Network Availability

PAETEC Holding Corp. provides communication solutions to medium and large businesses, enterprise organizations and institutions across the United States. The company today announced that its channel partners can now sell the company’s newly acquired Intellifiber network and products nationwide. Intellifiber’s portfolio includes fiber and Ethernet solutions, as well as custom network design and projects that cater to diverse agent needs. PAETEC acquired Intellifiber in December 2010, expanding PAETEC’s additional fiber capabilities and launching the company’s 37,000 route-mile fiber network to among the largest nationally competitive local communications providers. "I've spent my career embracing the channel collaboratively and as a critical…

MondayApr 04, 2011 2:58 pm

Nortel Networks Corp. (NRTLQ) Enters Stalking Horse Agreement with Google for $900 Million

After filing bankruptcy just over two years ago, Nortel Networks Corp. is looking to sell its patent portfolio. It was announced today that the Company, through its principal operating subsidiary Nortel Networks Limited and certain other subsidiaries, has entered into a “Stalking Horse Agreement” with industry behemoth, Google, Inc. (NASDAQ: GOOG), to sell approximately 6,000 patents and patent applications covering a broad range of wired, wireless and digital communication technologies to Google for a cool $900 million in cash. This agreement, which is still subject to court approvals in the United States and Canada, follows a confidential, multi-round bidding process…

MondayApr 04, 2011 2:53 pm

Rosetta Genomics Ltd. (ROSG) Posts Q4, FY2010 Results

Rosetta Genomics Ltd., a leading developer of microRNA-based molecular diagnostics, today posted its financial results for the fourth quarter and 12 months ended December 31, 2010. "2010 was a challenging but rewarding year for Rosetta Genomics, marked by achievements in a number of important areas. We streamlined our operations and cost structure, expanded our distribution into Greece, advanced miRview mets to commercial launch, fortified our patent portfolio and, importantly, regained U.S. rights to our first three commercial microRNA diagnostic tests. Moreover, we significantly expanded our scientific and clinical body of knowledge with multiple journal publications of data demonstrating the role…

MondayApr 04, 2011 2:50 pm

Derycz Scientific Inc. (DYSC) Completes TAAG Acquisition, Expected to Drive Solid Revenue Gains

Derycz Scientific Inc. develops companies, products, services and systems that facilitate the re-use of published content to assist organizations achieve their marketing, communication and research goals effectively while complying with copyright law and regulatory rules. The company today announced it has completed its acquisition of Techniques Appliquees aux Arts Graphiques, S.p.A. (TAAG), which gives Derycz a physical presence in Europe. Derycz CEO Peter Derycz said the acquisition will allow Derycz to provide global customers with information logistics to support sales and other related activities. "This acquisition significantly advances our global strategy of integrating digital information and logistics capabilities – a…

MondayApr 04, 2011 12:06 pm

Spare Backup, Inc. (SPBU) Maintains KCSA Strategic Communications to Lead Investor Relations

Spare Backup, Inc., which engages in the development and marketing of online backup software and services to customers in the US and Europe, recently announced that it has maintained KCSA Strategic Communications, a leading communications firm based in New York, to lead the Company’s investor relations program. KCSA will carry out a comprehensive communications campaign that is designed to build more awareness of Spare Backup Inc. in the investment community. Over its nearly four-decade career, KCSA has established a worthy reputation for its representation of public companies. Todd Former, who is the Manager Partner of KCSA, will be leading the…

MondayApr 04, 2011 12:01 pm

Applied Nanotech Holdings Inc. (APNT) Makes Appointment to Board of Directors

Applied Nanotech Holdings Inc. is a premier research and commercialization firm focused on solving problems at the molecular level using nanotechnology. The company has organized its efforts into five areas of focus: nanomaterials, nanoelectronics, nanosensors, nanoecology and its legacy business – CNT Electron Emission. The company announced today that its Board of Directors have unanimously appointed Mr. Xi (David) Li to the board. Mr. Li is an executive at Sichuan Anxian Yinhe Construction and Chemical Group Company Ltd. The company is the largest producer of chromate salt in China. Mr. Li is currently the deputy director of project development at…

MondayApr 04, 2011 12:00 pm

Ardent Mines Limited (ADNT) Secures SRK Consulting to Handle NI 43-101 Technical Reportage on Two South American Gold and Silver Properties

Ardent Mines, www.ardentmines.com – the globally-focused mineral developer with its growth targets set on the acquisition of identified or already somewhat developed gold and silver resources, reported retention today of world-renowned mining consultancy SRK Consulting to perform compilation of NI 43-101 compliant technical reports on two of the Company’s sites. Ardent is currently finalizing the agreements to acquire both sites and is wrapping up the associated due diligence. Bringing in SRK to handle the technical reportage for these two sites, the mining concessions of Gold Hills Mining Ltda. in Pernambuco, Brazil and the currently operating Condorsenga Mine located in Huacha,…

MondayApr 04, 2011 11:52 am

ViaSpace, Inc. (VSPC) Offers Green Energy that Really Works

ViaSpace, Inc., holder of the rights to Giant King Grass, a unique hybrid grass unmatched in its ability to capture sunlight for biomass energy production, believes biomass holds the economic key for a smooth transition to clean power. As global energy demands continue to balloon, and as finite fuel resources become harder to locate and tap, the cost of fossil fuels has increased to the point that various green energy sources are now being seriously considered as potential competitors. In today’s ongoing recessionary environment, however, the cost factor remains a major killer for most alternatives. Take a look at the…

MondayApr 04, 2011 9:52 am

Tivus, Inc. (TIVU) President and CEO Provides Investors with Overview and Commentary of First Quarter Progress

Tivus, Inc. today provided commentary on its first quarter 2011 progress deploying the hotel industry's first Internet-based, in-room, high-definition (HD), Internet-protocol television (IPTV) content-on-demand (COD) system in 2,500 hotel rooms. "The first quarter has ended with our pioneering HD IPTV COD system live in more than three-hundred rooms and has already been enjoyed by tens-of-thousands of hotel guests," commented Shiva Prakash, Tivus' president and chief executive officer. "The first quarter of 2011 has exceeded our expectations, while the entire company has been at work on multiple, concurrent initiatives. "The highpoint of our fiscal 2011 first quarter was our execution of…

MondayApr 04, 2011 9:36 am

Sino Clean Energy Inc. (SCEI) Provides Update on 2011 Capital Plans

Sino Clean Energy Inc. issued an update on the company’s planned capital expenditures for 2011, with all the funds used for the addition or expansion of capacity at various production facilities in China. Sino Clean Energy plans to spend $19.1 million in 2011, up from actual capital spending of $11.2 million in 2010. This level of spending will add 1.55 million metric tons of capacity at two plants in Guangdong province and one in Nanning province. The company reported current production capacity of 850,000 metric tons at the end of 2010. Sino Clean Energy said that one expansion in Guangdong…

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