Blog - Page 3590 of 5384

WednesdayMar 24, 2010 12:50 pm

Fund.com, Inc. (FNDM.OB) Strategically Targets Multi-Billion ETF Market with AdvisorShares Subsidiary

Fund.com Inc. is an online financial services company with a focus on the investment fund market. The company's target market is the millions of individual investors who are interested in purchasing funds. One specific investing area that the company has heavily focused on is the exchange traded funds (ETFs) market. The company's 60%-owned subsidiary, AdvisorShares Investments LLC, is a developer and distributor of actively managed exchange traded funds. The goal of AdvisorShares is to be a global investment management firm with innovative products and services that provide investors access to best of breed money managers. The firm will differentiate itself…

WednesdayMar 24, 2010 12:45 pm

Novavax Inc. (NVAX) Shares Surge on Positive A/H1N1 Vaccine Results

Biotechnology company Novavax Inc. today announced positive results from its two-stage pivotal study evaluating the safety and immunogenicity (immune response) of the company’s 2009 A/H1N1 virus-like particle (VLP) pandemic influenza vaccine. In response to the results, shares of Novavax rose 12 percent to $2.60 in mid-day trading. The results were consistent with preliminary results that demonstrated that the vaccine was well tolerated and immunogenic at all three dose levels tested. The study is being conducted at the Mexican Institute of Social Security (IMSS), the largest medical and research center in Latin America, by Novavax and Avimex Laboratories of Mexico. The…

WednesdayMar 24, 2010 11:50 am

TapImmune, Inc. (TPIV.OB) to Collaborate with Aeras Global to Develop Tuberculosis Vaccine

TapImmune Inc., biotech innovator and developer of therapies for infectious disease and oncology, and creator of the revolutionary TAP vaccine which has ability to restore antigen presentation in cells, announced in February of this year the signing of a letter of intent to begin a collaborative R&D campaign with Aeras Global TB Vaccine Foundation. Aeras is dedicated to moving leading tuberculosis vaccines forward and making worldwide distribution and adoption of them ubiquitous despite age group or income level. Aeras operates under private foundations like The Bill & Melinda Gates Foundation, and accepts governmental aid as a non-profit product development partnership.…

WednesdayMar 24, 2010 11:47 am

Teltronics Inc. (TELT.OB) Posts Solid FY 2009 Financial Results

Teltronics Inc., a leading provider of innovative communications solutions, today posted its financial results for the year ended December 31, 2009, attributing the solid results to quality customer service and strategic budgeting. "The Company is pleased with our year-end results," Ewen Cameron, Teltronics' president and CEO stated in the press release. "In 2009, we increased our operating profit by 109% to $6.9 million from a loss of $3.3 million in 2008. We attribute our 2009 accomplishments to our strong relationships with our current customers, combined with the budget cut initiative we implemented in 2008 and our strong team of employees."…

WednesdayMar 24, 2010 10:59 am

Lingo Media Corp. (LMDCF.OB) Appoints Michael O’Connor to Board of Directors

Leading online and print-based English language-learning solutions provider Lingo Media Corp. has appointed Michael O'Connor to its Board of Directors. With his appointment, Michael O'Connor brings over twenty years of experience in economics, finance and mergers and acquisitions in telecommunications and transportation. Beginning his career at the Economic Council of Canada/School of Policy Studies Queens University, Mr. O'Connor went on to be the founder of the Center for Economic and Financial Analysis, a division of the Science Applications International Corporation (SAIC). SAIC is now one of the largest consultancy companies in the U.S., with over 45,000 employees. Mr. O'Connor built…

WednesdayMar 24, 2010 10:57 am

NetSol Technologies, Inc. (NTWK) Covers All Industries

NetSol Technologies Inc., a global provider of enterprise software solutions and services, has the very significant advantage of serving a broad industrial base, protecting it from the inevitable ups and downs of individual markets. To do this, however, requires the ability to convince diverse customers, with dramatically different needs, that NetSol has what it takes to best serve their unique interests. NetSol has managed to do this by consistently demonstrating a level of technological competency, and an unparalleled dedication to quality, that competitors are simply unable to match. The company employs a global network of well-integrated resources to support a…

WednesdayMar 24, 2010 10:30 am

Propalms, Inc. (PRPM.PK) Changes Date of Nationwide Teleconference

Propalms, Inc. issued a press release this morning to announce that they have changed the date of their nationwide teleconference due to the pending sale of their wholly-owned subsidiary, Focus Systems, Inc. The teleconference has been rescheduled for Wednesday, April 7, 2010 at 4:15 p.m. EDT. The CEO of Propalms, Mr. Owen Dukes, and the President of Propalms, Robert Zysblat, will head the teleconference. It is expected that there will be a high demand to attend the teleconference and it is recommended that you call (407)389-5900 today to reserve your place. Direct questions can be emailed beforehand to ir@propalms.com. There…

WednesdayMar 24, 2010 10:23 am

Save The World Air, Inc. (ZERO.OB) Progressing Rapidly with Bringing Technologies to Market

Save The World Air, based in Morgan Hill, CA, issued a press release today to elaborate on discussions regarding bringing their proprietary products, AOT and ELEKTRA, to market. Save The World Air (STWA) is pursuing marketing strategies in the billion dollar industries of crude oil pipelines, land-based diesel engine technology and marine diesel technology. With regards to these strategies, Mr. Cecil Bond Kyte, Chairman and CEO of Save The World Air, was quoted as saying "By forming strategic and synergistic partnerships with organizations that can help bring products based on our technologies to market quickly, we can fast-track our sales…

WednesdayMar 24, 2010 10:20 am

QuoteMedia, Inc. (QMCI.OB) and Gmarkets Form Enterprise Agreement

One company that is on the rise is the Arizona-based QuoteMedia. In a short period of time, QuoteMedia has established themselves as a leading software developer and syndicator of financial market information and streaming financial data solutions to media, corporations, online brokerages and financial services companies. Today, QuoteMedia took a major step towards enhancing its future with the announcement they have entered an Enterprise Agreement with Gmarkets. Gmarkets is a financial information company specializing in the delivery of real-time, global fixed income and capital markets data. Effective immediately, Gmarkets will incorporate the Quotestream Profession into its existing product line which…

WednesdayMar 24, 2010 10:18 am

Wowjoint Holdings Ltd. (CFQCF.OB) Awarded First US-Based Contract Valued at $1 Million

Wowjoint Holdings Ltd. is a leading provider of customized heavy duty lifting and carrying machinery used in such large scale infrastructure projects as railway, highway and bridge constructions. The company's main product lines include launching gantries, tire trolleys, marine hoists and special carriers. The company today announced that its operating subsidiary, Beijing Wowjoint Machinery Company, has been awarded a $1 million contract with PCL/Archer Western. This company is a joint venture which will provide customized heavy duty equipment that will be utilized in the construction of the Interstate-4/Lee Roy Selmon Crosstown Expressway Connector Interchange in Tampa, Florida. The project, which…

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