Blog - Page 3598 of 5772

WednesdayApr 06, 2011 8:10 am

Fushi Copperweld Inc. (FSIN) Posts Final Q4, FY2010 Results

Fushi Copperweld Inc., the leading global manufacturer and innovator of copper-clad bimetallic wire used in a variety of telecommunication, utility, transportation and other electrical applications, yesterday announced its final financial results for the fourth quarter and 12 months ended December 31, 2010, in line with previously announced preliminary results. “Our 2010 fourth quarter and full year results came in as expected and reflect strong performance in a shifting market driven by infrastructure spending priorities and volatile raw material pricing. We remain focused on leveraging the global opportunity we see for our products and will continue to expand our presence in…

TuesdayApr 05, 2011 12:00 pm

Extreme Networks, Inc. (EXTR) Selected ByG4 Communications for Its High Performance Ethernet Multi-State Network

Extreme Networks, Inc., a provider of network infrastructure equipment and services to various institutions worldwide, recently announced that it has been selected by G4 Communications, a provider of high speed data and voice communications, as its high performance Ethernet network to connect over 100 locations, while helping to ensure quality experience and more reliable service for the thousands of subscribers in the states of Vermont, Massachusetts, and New Hampshire. G4 chose Extreme Networks to assure that their network meets the needs of customers today and farther in the future. The Extreme Networks solution is set to be distributed within G4’s…

TuesdayApr 05, 2011 11:55 am

Vicor Technologies, Inc. (VCRT) Responds to FDA for Marketing Claim on PD2i® Technology

Vicor Technologies, Inc. filed its premarket notification paperwork with the U.S. Food and Drug Administration in 2010 required to receive 510(k) clearance for a Cardiac Marketing Claim on its proprietary PD2i® nonlinear algorithm. The Company’s algorithm and software are to be used in cardiovascular testing and have shown stunning accuracy in testing done to date. Vicor Technologies is a biotechnology company focused on the commercialization of its PD2i Analyzer™, a non-invasive diagnostic employing its patented PD2i® nonlinear algorithm. The PD2i Analyzer™ enables physicians to accurately risk stratify specific target populations for future pathological events, including diabetics for the presence of…

TuesdayApr 05, 2011 11:49 am

American Petro-Hunter, Inc. (AAPH) Oil Production Increasing in Oklahoma, Target Raised to 300 BOPD at NOS227 Well

American Petro-Hunter, www.americanpetrohunter.com – the oil and gas developer which is currently focused on becoming a 1k BOE intermediate producer within a year, by further working existing assets or acquiring new ones, reported excellent news today regarding the recently drilled NOS227 well, which, according to a series of successful tests and subsequent engineering analysis, should be able to greatly increase output to 300 barrels of oil per day after fracture stimulation. The 3,820 foot deep NOS227 penetrates the Mississippi Formation in a nice 85-foot section and will be the third producing well at the North Oklahoma Project in Payne County,…

TuesdayApr 05, 2011 11:17 am

ZBB Energy Corp. (ZBB) to Provide Energy Storage System for U.S. Army’s Micro-Grid Project

ZBB Energy Corp. is a leading developer of intelligent, renewable eletrical power platforms. The company's platforms are targeted at the growing global need for distributed renewable energy, energy efficiency, power quality and grid modernization. The company announced yesterday a contract award from Eaton Corporation. The contract is for ZBB to provide a 500 kilowatt-hour energy storage system for use in a micro-grid application at a U.S. Army facility in Ft. Sill, Oklahoma, utilizing ZBB'S next-generation ZESS V3 technology. This technology is a zinc bromide flow battery designed to serve as an advanced electrical energy storage device. It is constructed from…

TuesdayApr 05, 2011 11:14 am

Force Energy Corp. (FORC) Targets Canada for Lithium

It’s difficult to talk about the mobile storage of electrical energy without talking about lithium. Rechargeable lithium-ion batteries store more energy for their weight and size than other rechargeable batteries, plus they operate at higher voltages, reducing the need for multiple cells. In addition, when not in use, they hold their charge longer. With such advantages, and expected cost reductions, it is anticipated by many that lithium-ion batteries will be the energy source of choice for all portable devices in the future. But today the global interest in lithium centers on powering the next generation of automotive vehicles. With hybrid…

TuesdayApr 05, 2011 11:10 am

Takeda Oncology Co. Teams with Sunesis Pharmaceuticals (SNSS) to Develop Oncology Inhibitor

Sunesis Pharmaceuticals Inc. and Millennium: the Takeda Oncology Company have inked a license agreement to develop Sunesis' oral, selective pan-Raf kinase inhibitor and one additional undisclosed kinase inhibitor program in oncology. Sunesis is a biopharmaceutical company focused new oncology therapeutics to treat solid and hematologic cancers. Japan-based Takeda Pharmaceutical Company Ltd. was acquired by Massachusetts-based Millennium Pharmaceuticals Inc. in 2008. The companies are focused on pharmaceutical inhibitors, as well as other biopharmaceutical products. Today’s announced program is part of Sunesis' 2004 multi-kinase inhibitor collaboration with Biogen Idec. (NASDAQ: BIIB). In November 2010, Biogen announced its new focus on neurology; after…

TuesdayApr 05, 2011 11:08 am

Plug Power Inc. (PLUG) to Provide GenDrive Fuel Cell Units to WinCo Foods, gaining Segue into European Market

Plug Power Inc., a leading clean energy provider, today announced that WinCo Foods LLC will use 184 of Plug Power’s GenDrive(R) fuel cell units to power its electric lift truck fleet at its grocery distribution center in Modesto, Calif. Andy Marsh, CEO at Plug Power, said the geographic location of the deal is important considering broader economic factors. The transaction marks Plug Power's first large grocery installation in California, and adds to the company’s growing customer list. "California is an important state for Plug Power to aggressively prove the commercial viability of GenDrive because of the high energy costs currently…

TuesdayApr 05, 2011 11:07 am

OurPet’s Co. (OPCO) Cosmic Pet Asset Acquisition Contributes to 2010 Record Results

OurPet’s Company develops, produces and sells a broad array of consumer brand pet products that comprise its portfolio of brands, including Play-n-Squeak, Smartscoop, ecoPure Naturals, Flappy Dog Toys, Go! Cat Go!, Cosmic Pet, Durapet and Pet Zone. Domestic and foreign subcontractors manufacture the products, which OurPet’s then sells to retailers and distributors. In July 2010, the company acquired certain assets of Cosmic Pet Products Inc., with expectations that the combination of both companies’ resources would create significant product and distribution synergies and market expansion. At the time, OurPet’s said it anticipated Cosmic Pet contributions to generate approximately $2.25 million-$2.75 million…

TuesdayApr 05, 2011 8:20 am

Li3 Energy, Inc. (LIEG) Raises Funds for Chile Project

Li3 Energy, Inc. reported that the company has entered into three capital market transactions to raise funds for the acquisition and exploration of a property in South America. The transactions raised gross proceeds of $6 million. In March 2010, Li3 Energy, Inc. agreed to purchase a 60% interest in the Maricunga Project, located in Chile. The company believes that this property is prospective for mineral reserves that can be extracted commercially. Li3 Energy, Inc. sold 10.6 million units in a private placement offering at a price of $0.27 per unit. Each unit comprises one common share of the company’s stock,…

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