Blog - Page 3581 of 5386

MondayApr 05, 2010 9:19 am

INFRAX Systems, Inc. (IFXY.OB) Announces New OptiCon Software as a Service Program

INFRAX Systems, Inc. issued a press release today announcing that they are making the management of communications infrastructure easier and more cost effective through their new OptiCon Software as a Service (SaaS) program. The major advantage to this new program is that it is a hosted application, either through INFRAX Systems or with a certified INFRAX Systems partner. By creating this application in this manner, the customer will not have the up-front expenses necessary to develop their infrastructure, saving them time and money. OptiCon On-Line delivers a complete version of INFRAX's flagship OptiCon Network Manager™ directly to a client via…

MondayApr 05, 2010 8:42 am

Cord Blood America, Inc.’s (CBAI.OB) CEO Discusses China Expansion in Analyst Interview

Cord Blood America, Inc., a provider of umbilical cord blood stem cell preservation for expectant parents and their children, recently announced that the company’s chief executive officer and co-founder, Matthew Schissler, was recently featured in an interview with analyst Francis Gaskins. In this interview, Mr. Schissler discusses the company’s expansion plans in China with AXM Pharma, Inc. (Pink Sheets: AXMP) to create the world's largest stem cell storage facility. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood and immune…

MondayApr 05, 2010 8:15 am

Chromcraft Revington, Inc. (CRC) Reports Strong Improvement in Earnings

Chromcraft Revington, Inc. reported net income of $4.7 million, or $1.00 per share, in the fourth quarter of 2009. The company lost $8.0 million, or $1.75 per share, in the same quarter last year. Chromcraft Revington, Inc. reported revenues of $15.4 million in the fourth quarter of 2009, a 4% decline on a sequential basis, and a 35% year over year decline from the $22.9 million reported in the fourth quarter of 2008. Chromcraft Revington, Inc. attributed the strong improvement in results to cost cutting and restructuring actions taken during the last few years. Ronald H. Butler, the CEO of…

MondayApr 05, 2010 8:11 am

Compass Diversified Holdings (CODI) to Buy Liberty Safe

Compass Diversified Holdings recently announced the signing of an agreement to purchase Liberty Safe and Security Products, Inc. from Catterton Partners, a consumer focused private equity company. Compass Diversified Holdings paid $70 million for a 96% stake in Liberty Safe and Security Products, Inc. Compass Diversified Holdings funded the purchase with its revolving credit facility. “We expect the acquisition of Liberty to immediately provide our owners with ten to fifteen cents per share of cash flow accretion on a full year basis. Furthermore, we are optimistic that in the current environment, we will have additional opportunities to acquire businesses attractively…

FridayApr 02, 2010 3:52 pm

Micro Identification Technologies Inc. (MMTC.OB) is “One to Watch”

Micro Identification Technologies Inc. (MIT) is focused on becoming a global leader in developing, supporting and marketing rapid systems and processes that detect and identify microbial organisms. For several years the company has been working on the development of a breakthrough, laser-based microbial identification technology. This technology has been designed to be extremely fast and easy to use while not relying on conventional chemical or biological processing, fluorescent tags, gas chromatography or DNA analysis. The system works by measuring scattered light intensity as individual microbes pass through a laser beam. The intensity pattern of the scattered light is a direct…

ThursdayApr 01, 2010 3:18 pm

Soligenix, Inc. (SNGX.OB) 2009 Data Reports Show Strong Fundamentals, Massive Growth Potential

Soligenix, Inc., an established biopharma company specializing in products which offset the potentially fatal side effects of many oncology treatments and severe diseases in the gastrointestinal system, as well as vaccines tailored for counter-bioterrorism applications, announced FY 09 results today. Revenue was up 22% ($506k) to $2.2M from 08 on strength of a $1M clinical milestone outlay from Sigma-Tau Pharmaceuticals Inc. (Sigma-Tau) in relation to a collaborative Phase 3 (randomized, double-blind, placebo-controlled) clinical trial of orBec® for gastrointestinal Graft-versus-Host disease (GI GVHD). SNGX also completed a partnering agreement with Sigma-Tau regarding NA commercialization and deployment of orBec® and oral BDP…

ThursdayApr 01, 2010 3:15 pm

Versar, Inc. (VSR) Signs $7.6M Contract to Support EPA’s Pesticide Program

Versar, Inc., the Springfield, VA-based purveyor of professional services supporting homeland defense, infrastructure and management with a key emphasis on environmental compliance, announced recently the award of a $7.6M, 5-year contract analyzing chemistry data. This contract with the U.S. Environmental Protection Agency’s (EPA), Health Effects Division (HED), Office of Pesticide Programs (OPP) calls for a comprehensive evaluation of extant data on pesticide products and residue, increasing VSR’s ongoing Exposure and Risk Assessment Division-managed contracts to six. CEO of VSR Tony Otten commented on this further extension of the Company’s backlogs, calling it a vital new contract which, while nothing unusual…

ThursdayApr 01, 2010 3:12 pm

Save the World Air, Inc. (ZERO.OB) Confident in its Ability to Meet Government Demands for Reform

Clean technology pioneer Save the World Air, Inc. commented today that the company’s strategy is perfectly suited to meet the demands for lower energy consumption and increase for national fuel security. The announcement follows President Obama’s speech yesterday at Andrews Air Force base, where he proposed to open up expanses of the Atlantic coastline and parts of Alaska to oil and natural gas drilling. In turn, other areas of the U.S. would be off limits. The speech highlighted the need to balance national fuel security with protecting the environment. Speaking in front of an F-18 “Green Hornet” that will run…

ThursdayApr 01, 2010 3:10 pm

Mag Silver Corp. (MVG) Readies Operations for a Large High-Quality Silver Find

Many might think that all the large silver and gold deposits about the world have been found. Fortunately for junior miners this is far from the truth. An investor that can find a development stage miner that has struck a vein is one that will profit in the not too distant future. Mag Silver Corp., a development stage silver mining company, works to discover, develop and exploit silver mining claims primarily in the Mexican silver mining belt. The company currently controls 100% of the Cinco de Mayo and Lagartos properties and a 44% share of the Juanicipio property. High grade…

ThursdayApr 01, 2010 3:07 pm

Increased Product Demand Drives China Clean Energy (CCGY.OB) Healthy Q4, FY Financials

China Clean Energy Inc. operates through its subsidiaries to produce biodiesel and environmentally friendly specialty-chemical products made from renewable resources in China. The company today reported its financial results for the fourth quarter and fiscal year ended December 31, 2009, posting solid growth and increased demand for its products. Revenue for the fourth quarter was $4.9 million, up 18.5 percent from the fourth quarter of 2008. The company attributes the increase primarily to the 53.2% year-over-year increase in sales volume of specialty- chemical products. Gross profit in the fourth quarter of 2009 was $896,933, up 52.4 percent from the comparable…

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