Blog - Page 3575 of 5441

TuesdayMay 25, 2010 11:57 am

ICE Corp. (ICMC.OB) Announces Its Next Generation Transaction Authentication System

Singapore-based Intelligent Communication Enterprise Corp. ("ICE Corp") offers a range of innovative mobile marketing solutions and communications technologies. The company announced today that it has successfully completed the installation of its new iCEmat (ICE Mobile Authentication Technologies) authentication platform. This platform is a more advanced version of the previously known PIVOT system. The company will launch commercial operation of iCEmat in August 2010 and will host and operate the application from Singapore. The platform is targeted primarily at preventing credit card fraud in 'card not present' transactions. Research shows that credit card fraud cost consumers and merchants $48 billion in…

TuesdayMay 25, 2010 11:51 am

OSI Systems Inc. (OSIS) Security Division Wins $3M Contract for Two Major Airlines

OSI Systems Inc., a provider of electronic products for the security and healthcare industries, today announced that its security division, Rapiscan Systems, has been awarded an initial $3 million contract to supply air cargo inspection systems to two major international airlines. Per the agreement, Rapiscan Systems will supply cargo screening systems to the airlines to help them meet Transportation Security Administration’s (TSA) Certified Cargo Screening Program (CCSP) regulations. “We are pleased that both these airlines have selected Rapiscan Systems as their security screening solution provider. With over 15 years of experience serving the aviation market, we believe we offer air…

TuesdayMay 25, 2010 11:50 am

International Stem Cell Corp. (ISCO) Announces Update on Efforts to Establish Strategic Alliances

International Stem Cell Corp. today released an update regarding significant progress made on its international development strategy for stem cell-derived human corneal tissue, which can serve as a replacement for cadaver-derived corneas and to eliminate the use of live animals in safety testing of drugs, chemicals and consumer products. ISCO’s senior management team recently traveled to Asia and Europe to research and convene with a group of integrated eye hospitals and ophthalmology research institutions. The team also met with potential sources of research funding, including India-based Sankara Nethralaya (www.sankaranethralaya.org), a leading non-profit clinical and research organization focused on the treatment…

TuesdayMay 25, 2010 11:48 am

WindTamer Corp. (WNDT.OB) Retains Dr. Kenneth D. Visser as a Technical Consultant

WindTamer Corp. is a developer and manufacturer of a patented new wind turbine technology. The company announced today that it has retained Dr. Kenneth D. Visser as a technical consultant. Dr. Visser is the director of the Center for Sustainable Energy Systems and an associate professor in the Department of Mechanical and Aeronautical Engineering at Clarkson University in Potsdam, New York. Dr. Visser completed his PhD at the University of Notre Dame. His post-doctoral work was performed under the auspices of the National Research Council at the NASA Langley Basic Aerodynamic Research Tunnel (BART). Dr. Visser was subsequently employed by…

TuesdayMay 25, 2010 9:20 am

Ad Systems Communications, Inc. (ADSY.OB) Increases UTAH DMA Market Share with the Signing of Centra Telecom

One company that is starting to pick up momentum is the Wendover, Nevada-based Ad Systems Communications. Ad Systems Communications provides quality advertising inventory for all the major cable television networks such as ESPN, MTV and Fox News by deploying its patent pending insertion and streaming media technology into the cable, satellite and IP television markets. Today, Ad Systems Communications took a major step towards enhancing their future with the announcement they have increased their Utah DMA market share. Ad Systems increased their Utah DMA market share by an entire 6.35%. This goal was accomplished by the young company singing the…

TuesdayMay 25, 2010 9:10 am

Clear Channel Outdoor Holdings, Inc. (CCO) Appoints Marty Shapiro as New VP-General Sales Manager

Yesterday, Clear Channel Outdoor Holdings, Inc. announced that it has welcomed a new Vice President, General Sales Manager for its outdoor branch, Marty Shapiro. Effective immediately, Shapiro will oversee Clear Channel Outdoor's inventory throughout New York's five boroughs, Westchester County, Hudson Valley and the New Jersey Digital Outdoor Network. He will be reporting to Harry Coghlan, President and General Manager of the New York division. Commenting on his new colleague, Coghlan remarked, "We are very excited to have someone with Marty's long and diverse media sales background join the Clear Channel Outdoor team. His experience and expertise will help take…

TuesdayMay 25, 2010 9:05 am

Congress to Vote on $11 Billion Oil Tax Increase to Clean up Spills

In an effort to clean up the massive BP oil spill, Congress is set to vote on a tax increase to finance the imitative. The new bill would quadruple a tax on oil to 32 cents a barrel, raising approximately $11 billion over the next decade. This tax would be levied on oil produced in the U.S. or imported from foreign countries. Under terms of the bill, the revenue would go to a fund managed by the Coast Guard to help pay to clean up spills in waterways, including the Gulf of Mexico. There has been little public opposition to…

TuesdayMay 25, 2010 9:00 am

China Organic Agriculture, Inc. (CNOA.OB) Announces Financial Results for First Quarter

China Organic Agriculture, Inc. announced yesterday their financial results for the first quarter ended March 31, 2010. First Quarter 2010 results include revenue of $32.4 million. This represents a decrease from $36.7 million in the first quarter of 2009. Gross profit was $8.2 million, compared to $8.4 million in the first quarter of 2009. Net income attributable to the Company's shareholders in the first quarter of 2010 was $3.0 million. Fully diluted earnings per share in the first quarter of 2010 were $0.04. This is in comparison to $0.05 in the first quarter of 2009. China Organic Agriculture, Inc. acquired…

TuesdayMay 25, 2010 8:56 am

China Shenghuo Pharmaceutical Holdings, Inc. (KUN) Reports Higher Sales of Xuesaitong in First Quarter of 2010

China Shenghuo Pharmaceutical Holdings, Inc. reported net income of $2,355 in the first quarter of 2010 compared to a net loss of $2.9 million in the first quarter of 2009. China Shenghuo Pharmaceutical Holdings, Inc. attributed the higher net income to improved sales of Xuesaitong, the company’s main drug product. Management also cited better control of operating expenses during the quarter. Gui Hua Lan, the CEO of China Shenghuo Pharmaceutical Holdings, Inc. said, “The increases in sales and net income were primarily due to the Company's continuous efforts to promote the sales of products and the efforts to control our…

TuesdayMay 25, 2010 8:54 am

China Yongxin Pharmaceuticals Inc. (CYXN.OB) Reports Higher Revenue and Net Income for First Quarter of 2010

China Yongxin Pharmaceuticals Inc. reported net income of $2.35 million, or $0.04 per diluted share, for the first quarter of 2010. The company reported net income of $390,000 or $0.01 per diluted share, in the same quarter in 2009. Revenues also increased sharply on a year over year basis, from $9.2 million in the first quarter of 2009 to $10.7 million in the quarter just ended. China Yongxin Pharmaceuticals Inc. reported that the Retail Drug Store segment saw a 20% increase in revenue, while the Wholesale Pharmaceutical Distribution segment had a 7% increase in revenues. China Yongxin Pharmaceuticals Inc. said…

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