Blog - Page 3613 of 5706

MondayJan 10, 2011 1:36 pm

China TransInfo Technology Corp. (CTFO) Awarded $1.8M Contract with PRC Ministry of Transportation

China TransInfo Technology Corp. is a leading provider of comprehensive intelligent transportation solutions and traffic information services in China, operating through its affiliate, China TransInfo Technology Group Co. Ltd. The company today announced it has signed an agreement with the Planning Institute under the PRC Ministry of Transportation (MOT), in which China TransInfo will provide technical development and services for a pilot project to build and operate a traffic data collection, analysis, and service system for national trunk roads. Valued at approximately $1.8 million, the contract will be classified within China TransInfo’s government solutions business. The System includes a data…

MondayJan 10, 2011 1:27 pm

Subaye, Inc. (SBAY) is “One to Watch”

Subaye, Inc., a leading online business services provider in China, is primarily focused on enterprise cloud computing and video marketing business solutions. The company's online business services include business to consumer (B2C) ecommerce, e-managment solutions, e-marketing solutions, e-service solutions and video search engine optimization. Cloud computing is poised to change the way enterprise computing is conducted in China. CCW Research anticipates the Chinese cloud computing market will reach approximately $9 billion (61.3 billion RMB) by 2013. Because few domestic firms have ventured into cloud computing and global firms are less visible in the Chinese market, Subaye has a unique advantage…

MondayJan 10, 2011 12:45 pm

Simulated Environment Concepts, Inc. (SMEV.PK) Makes New Market Inroads

SpaCapsule®, the flagship product of Simulated Environment Concepts, has spread around the world based primarily upon its singular mix of features and broad market appeal. The system offers a distinctive and integrated blend of full body massage, aroma-therapy, audio and video stimulation. Its uniqueness is defined and protected under two U.S. patents, as well as Canadian, Japanese, and European patents, with a third U.S. patent currently in the works. The newest patent, once granted, will extend SpaCapsule’s patent life from 15 to 35 years, and the company intends yet additional filings. SpaCapsule combines waterjet and pressure-jet technology which requires no…

MondayJan 10, 2011 11:57 am

ACADIA Pharmaceuticals Inc. (ACAD) Secures $15 Million to Advance Pimavanserin Phase III Program

ACADIA Pharmaceuticals Inc. announced before the opening bell that it has agreed to a private placement financing with a select group of institutional investors, including New Enterprise Associates and Venrock. As terms of the agreement, ACADIA will receive gross proceeds of $15.0 million from the sale of approximately 12.57 million units at a price of $1.19375 per unit. Each unit consists of one share of ACADIA's common stock and a warrant to purchase 0.35 shares of common stock. Anticipated to close before the end of this week, the private placement is still subject to the satisfaction of customary closing conditions.…

MondayJan 10, 2011 11:48 am

Wayne Stratton Appointed to the Advisory Board of BioNeutral Group, Inc. (BONU.OB)

BioNeutral Group Inc. is a specialty technology-based life science company. It has developed a technology platform that neutralizes harmful environmental contaminants, toxins and dangerous micro-organisms, including bacteria, viruses, mold, fungi and spores. The company today announced the appointment of Wayne Stratton to its advisory board. Mr. Stratton has been a member and owner of Jones, Nale & Mattingly PLC, a full-service accounting and auditing practice, since 1970, and has extensive experience serving on corporate boards. He is also the former team captain for AICPA (American Institute of Certified Public Accountants) peer reviews of other accounting firms. His corporate board experience…

MondayJan 10, 2011 11:46 am

Gasco Energy, Inc. (GSX) Issues Operational Update

Gasco Energy, Inc. issued an update on its oil and gas activities in the United States. The update includes a final summary on its 2010 operations and a preview of its anticipated development in California during 2011. Gasco Energy, Inc. reported that the company was operating 133 gross wells at the end of 2010. The company has twenty wells in inventory waiting to be developed in 2011, including one Upper Mancos well and nineteen wells in it up-hole recompletion program. Gasco Energy, Inc. said that net production in the fourth quarter of 2010 totaled an estimated 1.043 billion cubic feet…

MondayJan 10, 2011 10:59 am

Exousia Advanced Materials, Inc (EXOU.OB) Video Chart for Monday, January 10, 2011

EXOU is making a nice move off the bottom of $0.001 and has recently climbed to $0.003 where it is pinned against resistance. Volume increased on Friday and technical traders are on watch for the resistance level to fall as the price per share attempts to make a higher low. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

MondayJan 10, 2011 9:11 am

Sanofi-Aventis (SNY) After Genzyme Corp. (GENZ) Again in Merger Discussion

It was last August that French drug maker Sanofi-Aventis publicly disclosed that it had made an offer to buy Genzyme after approaching the company two months earlier in friendly merger discussions. The $18.5 billion bid represented a $69 per share offer, which at the time was at a nearly 40 percent premium to Genzyme’s share price before investors got wind of the merger talks and sent shares of GENZ surging north to the area of $70 in late July. Negotiations at that time ended without any terms being reached as Sanofi’s CEO, Christopher Viehbacher described discussions as being thwarted by…

MondayJan 10, 2011 9:05 am

IDO Security, Inc. (IDOI.OB) to Exhibit the New MagShoe™ Models in Thailand

IDO Security, Inc., developer of the innovative MagShoe™ shoe scanning device (SSD), announced last Friday that the Company will be exhibiting the new MagShoe™ 3G and 3G/4 models in Thailand. They will exhibit the new models to a number of potential clients that include both governmental and private entities. Dani Werber, International Marketing Manager for IDO Security, Inc., stated, "Thailand is the second country in the Far East, following China, in which we are actively promoting the new MagShoe™ 3G together with our local agents. There is interest from both the Homeland Security and Loss Prevention sectors to increase security…

FridayJan 07, 2011 4:58 pm

TeleCommunication Systems, Inc. (TSYS) and ATX Partner to Deliver State-of-the Art Navigation Technology for Hyundai

TeleCommunication Systems Inc. (TCS), a leading global provider of highly reliable and secure mobile communication technology, and ATX Group, a leading provider of customized connected vehicle services for the global automotive market, have entered into a partnership to provide turnkey network solutions to Hyundai Motor America's new Blue Link® telematics program utilizing TCS’s turn-by-turn navigation technology. The companies will collaborate to deliver an advanced navigation solution for Hyundai based on TCS’ navigation platform and integrations services, integrated with ATX’s technology. The resulting navigation allows off-route vehicles to be automatically re-routed, even if the vehicle is out of network coverage. "This…

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