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ThursdayMay 27, 2010 3:14 pm

FDA Panel Scheduled to Review MELA Sciences Inc.’s (MELA) MelaFind Approval Application

Medical technology company MELA Sciences Inc. recently announced that its pre-market approval (PMA) for MelaFind will undergo review by the General and Plastic Surgery Devices Panel appointed by the U.S. Food and Drug Administration (FDA) on August 26, 2010. As the deadliest form of skin cancer, melanoma is responsible for roughly 80 percent of skin cancer fatalities, and melanoma rates continue to increase with an estimated 120,000 new cases projected in 2010. There is no cure for advanced-stage melanoma, which makes early detection vital for recovery. MelaFind is the company’s hand-held imaging device that emits multiple wavelengths of light to…

ThursdayMay 27, 2010 2:09 pm

International Fuel Technology Inc. (IFUE.OB) Completes 4 Years of Testing for Proprietary Fuel Additive

International Fuel Technology Inc. today issued an update on years of testing of DiesoLiFT 10, the company’s proprietary fuel additive formulation. The company said it recently completed more than four years of extensive rail engine testing and field demonstration in the U.K., confirming the use of DiesoLiFT 10 provided a significant improvement in use in fuel economy and power. Beginning in January 2006, Interfleet Technology Ltd. conducted a series of four test bed trials and one large-scale in-service field demonstration in various rail engine types and fuel types. The first four trials were test bed trials incorporated the facilities and…

ThursdayMay 27, 2010 12:46 pm

Ad Systems Communications, Inc. (ADSY.OB) is “One to Watch”

Ad Systems Communications, Inc. is a leading service provider of digital media and video communications for all major cable TV networks. Trading on the OTC Bulletin Board, the Company provides quality advertising inventory for cable TV networks such as ESPN, MTV, DISCOVERY, CNN, LIFETIME, A&E, FOX NEWS, and TNT. Ad Systems Communications, Inc. has their headquarters in Salem, Oregon. The Company garners revenue from selling advertising inventory to advertisers for insertion of both long and short form video commercials into highly targeted markets. Ad Systems Communications provides the experience, expertise, and technology to allow cable operators to monetize inventory optimally.…

ThursdayMay 27, 2010 12:00 pm

PTS, Inc. (PTSH.OB) Positions for Massive Growth, Having Squared Away Financials and Filings

PTS, Inc., www.ptspi.com, took a moment today to provide a status update to shareholders detailing important recent activity regarding the Company’s handling of 1Q FY10 filings and financials and its clean wrap-up of the business with subsidiary Disability Access Corp (DBYC). PTSH is now moving forward with solid financials that are 100% squared away, opening the door for various merger and acquisition opportunities. The return of the Company’s special merger and due diligence team from Europe and Asia, which was dispatched May 11th, has yielded substantial high-quality data on multiple prospects; indeed, several companies have shown better-than-expected results, and several…

ThursdayMay 27, 2010 11:58 am

PolyMedix, Inc. (PYMX.OB) Awarded National Science Foundation Grant for Development of Biomimetic Antimicrobial Sutures

PolyMedix, Inc., www.polymedix.com - developer of biomimetics (protein-mimicking polymers and compounds comprised of small molecules), as well as other first-in-class therapies for lethal, acute disorders via a proprietary computational drug design technology – announced today reception of a $150k National Science Foundation (NSF) grant for antimicrobial suture R&D. The Company’s two leading defensin-mimetic candidates have both completed Phase 1B clinical trials and Phase 2 is slated for this year: • PMX-60056 anticoagulant reversing agent • PMX-30063 antibiotic that mimics a defense protein from the host immune system PolyCides™ are a family of antimicrobial polymers developed by PYMX. The grant (commencing…

ThursdayMay 27, 2010 9:48 am

Vanguard Management Corp. (VNGM.OB) to Act as Strategic Consultant for Global Payout

One company that is starting to capture the attention of investors is the San Diego, California based Vanguard Management Corporation. Vanguard Management Corp. is a business unit of the Vanguard Minerals Corporation and has earned a stellar reputation by evolving into a leading private equity, management consulting and business development firm with core competency in emerging growth companies. Today, Vanguard Management Corp. announced that they have been retained as a strategic consultant by Global Payout. Global Payout is a Business to Business services company that offers payment and acquiring solutions for domestic and multi-national companies. Vanguard Management will assist Global…

ThursdayMay 27, 2010 9:45 am

CompuMed, Inc.’s (CMPD.OB) eHealth Technology to Be Rolled Out Across Ohio

CompuMed Inc. develops and markets products and services that combine advanced imaging with medical informatics. The company's focus is on the analysis and remote monitoring of patients with cardiovascular and musculoskeletal diseases with its CardioGram and OsteoGram systems. The company reported today that its CardioGram and OsteoGram systems have been incorporated as core components of Visio Mobile Diagnostics' suite of telemedicine and digital x-ray-based healthcare services. Visio is Ohio's largest provider of mobile x-ray and cardiac testing services and brings the diagnostic testing center directly to the patient. Visio has begun to roll out Compumed's digital telemedcine technology to hospitals,…

ThursdayMay 27, 2010 9:40 am

Blue Marble Media (BMMCF.OB) Receives $3 Million Dollar Order for Cheering Event at 2010 World Cup

Blue Marble Media Corp. announced today that, through their wholly-owned subsidiary, Blue Cree Company Ltd., they have been awarded a contract for a street cheering event for the Korean matches as part of the 2010 World Cup Soccer event in June. The World Cup this year will take place in South Africa, marking the first time that the World Cup is being hosted by an African nation. The order to Blue Cree was obtained from Hyundai Motor Company, the official host of the event. The event is organized by the Korean Football Association and sponsored by SK Telecom. The cheering…

ThursdayMay 27, 2010 8:46 am

Ad Systems Communications, Inc. (ADSY.OB) Announces Penetration of Oregon Cable Market

Ad Systems Communications, Inc., a leading service provider of digital media and video communications for all major cable TV networks, announced earlier today that its proprietary, patent-pending cable TV ad insertion technology will be installed on the cable TV systems of Minetfiber.com in Independence, Oregon. Ad Systems Communications, Inc. will be the exclusive cable advertising sales company for Minetfiber's residential Cable TV systems. "This cable TV ad insertion system is the company's first deployment in the Portland, Oregon DMA and it represents a strategic building block in our expansion plan. Oregon offers a great opportunity due to the large number…

ThursdayMay 27, 2010 8:40 am

NetSol Technologies, Inc. (NTWK) Announces Over $3 Million in New Contracts as Major Automotive Finance Company Implements NetSol Financial Suite(TM)

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, announced this morning that it has secured two major projects worth more than $3 million to implement its NetSol Financial Suite (NFS)(TM) Contract Management System (CMS) with a major international automotive manufacturer's captive finance company in the Asia-Pacific Region. NetSol's solution will fully automate the customer's financing business, providing improved operational efficiencies, enhanced contract lifecycle management, increased financial visibility, and quick return on investment. The contract has been skillfully structured for significant upfront as well as recurring revenue components. Naeem Ghauri, Head of Global Sales of NetSol…

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