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WednesdayMay 26, 2010 7:35 am

Ituran Location and Control Ltd. (ITRN) Reports Increase in Sales and Subscriber Base

Ituran Location and Control Ltd reported net income of $4.8 million, or $0.23 per diluted share, in the first quarter of 2010. This was down slightly from the net income of $5.6 million, or $0.27 per diluted share, earned in the same quarter of 2009. Ituran Location and Control Ltd reported strong sales growth of 28% on a year over year basis. The company had sales of $35 million in the first quarter of 2010, compared to sales of $27.3 million in the corresponding quarter of 2009. Ituran Location and Control Ltd. said that sales from subscription fees totaled 74%…

WednesdayMay 26, 2010 7:33 am

Paradigm Oil and Gas, Inc.’s (PDGO.OB) Subsidiary Announces Signing of Intellectual Property, Technology Transfer Agreement

Paradigm Oil and Gas, Inc.'s 100 percent owned subsidiary, Paradigm Technology Solutions Inc., announced yesterday that they signed an intellectual property, Technology Transfer Agreement with Innovative Manufacturing Technology LLC (IMT). This provides Paradigm a doorway into the multi-billion dollar oil recovery technology and service industry. The agreement completes the 100 percent transfer of IMT's intellectual property and technology transfer of their Transportable Enhanced Oil Recovery (T-EOR) Platform. In consideration of the exclusive and worldwide rights for IMT's T-EOR Platform technology, knowledge, and IP transfer, the agreement includes cash compensation and an ongoing royalty for IMT. T-EOR is a turnkey integrated…

WednesdayMay 26, 2010 7:30 am

Zevotek, Inc. (ZVTK.OB) to Launch Television Advertising Campaign in June

Zevotek, Inc., a worldwide direct marketer and distributor of a wide range of innovative personal and home care products, recently announced that the company will launch an aggressive television advertising campaign next month. Zevotek will air more than 1,000 commercials on Ionic Bulb TV between June 4 and June 30, 2010. The company will air two different 60 second infomercials that direct viewers to purchase Ionic Bulbs by calling an on screen toll-free number or by visiting www.newionicbulb.com. The airings will include runs on high-profile channels including Fox Business News, WE, Golf Channel, National Geographic, The Inspirational Network, WGN superstation,…

WednesdayMay 26, 2010 6:00 am

Micro Identification Technologies, Inc. (MMTC.OB) Selects Manufacture for Revolutionary MIT 1000 Rapid Microbial Identification System

Micro Identification Technologies, Inc. today announced that it has signed an Agreement with OSI Optoelectronics (OSIO), a subsidiary of OSI Systems (NASDAQ: OSIS) to manufacture its microbial rapid identification system, the MIT 1000. Providing complete solutions and services from concept to design to production, OSIO has manufacturing facilities in California, Malaysia and India. “All of OSIO’s world class facilities are ISO 9001:2000 certified and FDA registered and GMP compliant making them a perfect company to fabricate MIT’s systems for its current food safety applications and its planned pharmaceutical and clinical diagnostic applications,” stated John Ricardi, MIT’s Executive Vice President and…

TuesdayMay 25, 2010 3:04 pm

N-Viro International Corp. (NVIC.OB) ‏is “One to Watch”

N-Viro International Corp. is a leading-edge environmental biotech company that trades on the OTCBB. They market an alternative fuel technology and advanced fertilizer products. Founded in 1979, N-Viro International Corp. has their corporate headquarters in Toledo, Ohio. The Company's solutions allow publically owned wastewater treatment facilities to take advantage of the strength of the Company’s leading-edge processes. These include alternative fuel technology proven to reduce GHG emissions and cost-effective fertilizer products demonstrated to regain balance to nutrient depleted farmlands. N-Viro develops and licenses their technology to municipalities and private companies. Their patented processes use lime and/or mineral-rich, combustion byproducts to…

TuesdayMay 25, 2010 12:52 pm

CMG Holdings, Inc. (CMGO.OB) is “One to Watch”

CMG Holdings, Inc. is a full service global marketing, sports, entertainment, and management communications company. They operate in the area of alternative advertising, new media marketing services, commercial rights, and talent management. CMG Holdings, Inc. has an office in New York, New York, and an office in Miami, Florida. The Company trades on the OTC Bulletin Board. CMG Holdings' Talent Management division includes representation of personalities in the entertainment, athletic, and literary industries for endorsements, licensing, speaking appearances, and image marketing. They represent some of the top athletes and sports personalities in the world today. The Company's Event Management services…

TuesdayMay 25, 2010 12:28 pm

VirTra Systems, Inc. (VTSI.PK) Receives Second Order for Firearms Simulator from the Institute of Technology

VirTra Systems, Inc. announced today that they have received repeat business from the Institute of Technology, Modesto campus, through an order for delivery of second firearm simulator. The Institute of Technology, which has four campuses in California, is a premier career-focused college that provides a comprehensive educational experience in a variety of growing areas of employment. In April of this year, the Institute placed their first order for VirTra Systems to supply and install a use-of-force simulator at the Institute’s Clovis campus. The Institute of Technology is developing a state-of-the-art training facilities that are highlighted by the virtual reality training…

TuesdayMay 25, 2010 12:17 pm

GigOptix, Inc. (GGOX.OB) Begins High-Volume Production of 10G, 40G and 100G Transimpedance Amplifiers

GigOptix, Inc., www.GigOptix.com – the fabless, high-performance electronic and electro-optic semiconductor producer for the high-speed telecom and datacom (fiber optic) networks market, announced today the initiation of high-volume production runs of the Company’s transimpendance amplifier (TIA) offerings for 10G, 40G and 100G. The TIA series developed by GGOX are specially designed to offer significant benefits over existing systems: • GX3101B universal limiting TIA with a 20k Ohm gain that enables a wide range of reaches without the need for a post amplifier and bandwidth selection capability from 1-12.5 Gb/s, offering users a robust, single-part solution to the overwhelming majority of…

TuesdayMay 25, 2010 12:10 pm

Azure Dynamics Corp. (AZD.TO; AZDDF.PK) Announces 18-unit Order for Hybrid Electric Buses

Azure Dynamics Corp., www.azuredynamics.com – a global leader among hybrid electric and electric components manufacturers, as well as commercial vehicle power train production, today announced the order of 18 of the Company’s Balance™ Hybrid Electric shuttle buses by the North Central Texas Council of Governments (NCTCOG). Targeted for deployment into the north-central (Dallas/Fort Worth) Texas rural transit system, the purchase of these units will be funded via a grant from the American Recovery and Reinvestment Act of 2009 Transit Capital Assistance program, and was the result of a successful bid by a partnership between the Company, StarTrans Bus, and Lasseter…

TuesdayMay 25, 2010 12:04 pm

Micro Identification Technologies, Inc. (MMTC.OB) Bests the Competition in Speed, Cost, and Accuracy

Micro Identification Technologies Inc. offers something that is entirely unique in the medical world: the only general non-biological system for identifying pathogenic microbes known to exist. They invented it, perfected it, patented it, and now sell it as the MIT 1000. However, the fact that their product is one-of-a-kind is not its most important quality. The most important aspect of the MIT 1000 is what it can do, specifically its remarkable ability to identify various species of pathogenic bacteria in a tiny fraction of the time required by all other traditional identification methods, through the innovative use of laser light.…

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