Blog - Page 3609 of 5550

ThursdayAug 05, 2010 9:13 am

Increase In North American Sales a Bonus for NetSol Technologies, Inc. (NTWK)

For NetSol Technologies Inc. (NASDAQ: NTWK), global provider of enterprise application solutions, the recent jump in North American sales is frosting on the cake, coming off of significant accomplishments overseas. The company had been focusing on its growing global position, recently announcing a major contract with Sany Corp. of China. Sany is the largest concrete machinery manufacturer in the world, and is considered to have the highest growth momentum in China. NetSol then announced the successful implementation of its NFS (NetSol Financial Suite) by Minsheng Financial Leasing Co. Ltd. And now the company has declared a major rebound in quarterly…

WednesdayAug 04, 2010 5:05 pm

XsunX Inc. (XSNX.OB) New Technology Receives High Marks in IBIS Associates Study

XsunX Inc. develops advanced, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes; the company is currently developing CIGSolar™, a hybrid manufacturing solution to produce high-performance thin-film CIGS solar cells as an alternative to more expensive silicon solar cells. XsunX today said it received positive feedback from a study done by IBIS Associates Inc., a technology strategy and business development consulting company focused on advanced materials and manufacturing technologies. The study observed the potential impact of XsunX’s CIGSolar technology in the global solar market, especially in regards to its efficiency and saving capabilities. IBIS determined that CIGS-based solar cells could…

WednesdayAug 04, 2010 5:04 pm

Sound Financial Inc. (SNFL.OB) Announces Financial Results for Quarter Ended June 30, 2010

On August 4, 2010, Sound Financial Inc., the holding company for Sound Community Bank, announced financial results for the quarter ended June 30, 2010. Sound Community Bank remains "Well Capitalized" with Tier 1 Capital of 7.40 percent and Total Risk Based Capital of 11.08 percent at June 30, 2010. The Company's President and CEO, Laurie Stewart, said, "Despite the economic environment, we achieved positive results in our core business lines during the second quarter. We remain focused on improving credit quality, maintaining our net interest margin and increasing business efficiencies. With signs of stabilizing employment levels and real estate prices…

WednesdayAug 04, 2010 4:31 pm

NewCardio Inc. (NWCI.OB) Achieves Milestone with First Revenue-Generating Technology Study

NewCardio Inc. develops proprietary software platform technologies for cardiac diagnostic services. The company’s QTinno software suite offers accurate, automated and comprehensive analysis for cardiac safety assessment in drug development. NewCardio today announced it has completed its first revenue generating study, in collaboration with a leading global biopharmaceutical services provider, with which NewCardio previously signed a Master Services Agreement (MSA) for the use of its QTinno software. The QTinno software was installed at one of the service provider’s phase 1 units to conduct and complete a small initial study. NewCardio said the resulting data will provide an initial cardiac safety profile…

WednesdayAug 04, 2010 4:30 pm

Cellceutix Corporation (CTIX.OB) Pursuing Multi-Billion Dollar Psoriasis Treatment Market; Company Continues Push to Develop Compounds

Cellceutix Corporation is not a company standing still. The emerging biotech has 8 compounds in their portfolio, with two of them being actively developed by the Company. Kevetrin, Cellceutix’s lead compound is in development for the treatment of multi-drug resistant cancers and is rapidly approaching human trials as the IND filing with the FDA is being prepared. KM-391 has already garnered industry attention as it is being developed to address the core issues of autism. Constantly moving forward, Cellceutix announced in late July that they have retained Destum Partners to identify and secure a developmental partner for another very promising…

WednesdayAug 04, 2010 4:29 pm

Brookside Technology Holdings Corp (BKSD.OB) Standard Tel Networks Contracted by STAG Parkway for Communications Infrastructure Overhaul

Brookside Technology Holdings Corp. www.brooksideus.com – the converged VoIP (Voice over IP), data, video, and Wi-Fi business communications systems provider known for masterful execution of all aspects from analysis to design, sales and implementation, announced today, August 4, through subsidiary Standard Tel Networks, that leading 42-year veteran product and service provider to the RV dealer market, STAG Parkway, contracted the Company to upgrade communications infrastructure at its eleven US branch offices and distribution centers. Director of IT for STAG Parkway, Ken Russell, explained the amazing deal Standard Tel put together, which has resulted in a “truly integrated enterprise solution” that…

WednesdayAug 04, 2010 4:28 pm

Communication Intelligence Corp’s (CICI.OB) E-Signature Technologies Will Power CSC’s New Financial Services Framework

Communication Intelligence Corporation, www.cic.com – emerging in recent years as a leading provider of sophisticated electronic and biometric signature solutions for business process automation to the financial services industry, reported signing an agreement today, August 4, with leading IT services firm, CSC, to incorporate the full suite of CICI’s e-signature technologies into CSC’s new end-to-end suite, Celeriti™ (as well as some components of their insurance processing systems). Celeriti represents a bold step forward for modern enterprise banking, and – as a platform – handles everything from payments to lending, cards and merchant products. Conceived as a master-stroke design solution for…

WednesdayAug 04, 2010 12:10 pm

GMX Resources (GMXR) Reports Large Increase in Production in The Second Quarter Of 2010

GMX Resources reported a large increase in oil and gas production in the second quarter of 2010, and due to the success of its drilling program, the company raised its estimate of oil and gas production for 2011 and 2012. GMX Resources produced 4.31 billion cubic feet equivalent in the quarter ending 6/30/2010. This was a 35% increase from the first quarter of 2010, when the company produced 3.20 billion cubic feet equivalent. GMX Resources said that the company’s production would have been higher, but several wells couldn’t be finished due to delays in completion services during the quarter. GMX…

WednesdayAug 04, 2010 12:09 pm

Dejour Enterprises Ltd. (DEJ) Reports Increase in Reserves

Dejour Enterprises Ltd. (DEJ) reported the results of an updated assessment of the company’s oil and gas reserves at the Woodrush Project. The company said that the updated reserve assessment significantly increased the company’s reserves here. Dejour Enterprises Ltd. reported that the updated assessment gives the company total proved producing reserves of 354,000 barrels of oil equivalent (BOE) at the Woodrush Project. These reserves are composed of 911 million cubic feet of natural gas, and 201,000 barrels of oil and liquids. Dejour Enterprises Ltd. said that the proved producing reserves were accorded a PV-10 value of $10.6 million. The updated…

WednesdayAug 04, 2010 12:08 pm

St. Bernard Software (SBSW.OB) Announces Acquisition of Red Condor

St. Bernard Software Inc. is a leader in web security appliances. It is recognized for delivering today's #1 web filtering and security appliance, iPrism. The company today announced the acquisition of substantially all assets of Red Condor Inc., the award-winning provider of fully managed email security solutions. Red Condor is widely recognized for its email spam filtering solutions. The company's solutions have garnered numerous industry awards and most recently proved to outperform competitive spam filters in an independent test of email filter accuracy by Miercom. The report confirmed that Red Condor had the highest block rate, zero false-positives and only…

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