Blog - Page 3615 of 5666

MondayNov 22, 2010 10:23 am

FalconStor Software (FALC) Appoints Brendan Kinkade to Expanded VP Role

FalconStor Software, a market leader in disk-based data protection solutions, today announced that it has appointed Brendan Kinkade to an expanded role as Vice President of Channel Management and Global Alliances, where he will oversee the evolution of the FalconStor channel program, and the ongoing development of strategic partnerships to increase the company’s market presence and reach. Commenting on the appointment, Mr. Kinkade said, “This is an incredibly exciting time to be in the data protection industry, which is in the middle of a transformation that promises to be a significant business opportunity for FalconStor and its partners. In the…

MondayNov 22, 2010 9:46 am

Medisafe 1 Technologies Corp. (MFTH.OB) Gains National Recognition for Syringe Safety Locking Device

Located in Ann Arbor, Michigan with offices across the globe, Medisafe 1 Technologies Corp. is a young company that seeks to effectively prevent unauthorized administration of drug or medicinal substance by hypodermic needles and accomplishes this feat with their state-of-the-art patented technology. Today, Medisafe took a major step towards prominence and national acclaim with the success of the presentation of their syringe safety locking device. The presentation of the device was made at the annual Medica 2010 Conference in Dusseldorf, Germany which was held from November 16-19. A poll of companies at the conference revealed an array of interest in…

MondayNov 22, 2010 9:14 am

HiSoft Technology International Ltd. (HSFT) Reports Earnings for Third Quarter of 2010

HiSoft Technology International Ltd. reported strong year over year increases in sales and net income in the third quarter of 2010. The company attributed the gains to strong growth in China and more breadth of business from its existing client base. HiSoft Technology International Ltd. reported sales of $38.9 million in the quarter ending September 30, 2010, compared to $22.8 million in sales in the same quarter last year. This represented a 71% increase. HiSoft Technology International Ltd. reported net income of $4.79 million, or $0.16 per diluted American depositary share, in the third quarter of 2010. The company earned…

MondayNov 22, 2010 9:09 am

Mantra Venture Group Ltd. (MVTG.OB) Engages Shorey PR

Recently, Mantra Venture Group Ltd. enlisted the help of PR group Shorey Public Relations to introduce the company to media, investors and the government in order to illustrate their worth as a company and to expand visibility in North America while potentially building partnerships and acquiring projects. Mantra is active in green technology, with a focus on "profitability through sustainability", with carbon reduction and consumer product subsidiaries. Shorey PR has experience working with alternative energy companies, technology firms and government agencies, making them a logical choice for Mantra. Among their clients are the U.S. Department of State, SONY/ BMG MUSIC,…

MondayNov 22, 2010 9:07 am

Northstar Electronics, Inc. (NEIK.OB) Announces Third Quarter Results

Northstar Electronics, Inc., specializing in engineering and contract manufacturing for Aeronautics, Defense, and Homeland Security, announced their 2010 third quarter results. Sales revenue for the three-month period ended September 30, 2010 was $528,520. This is in comparison to $875,049 of sales revenue recorded during the same three-month period in 2009. Sales revenue for the nine-month period ended September 30, 2010 was $2,767,591. This is in comparison to $2,257,445 in the same prior year period. The net loss for the three-month period ended September 30, 2010 was $366,859, compared to a net loss of $288,009 for the three months ended September…

MondayNov 22, 2010 9:05 am

China Linen Textile Industry Ltd. (CTXIF.OB) Acquires Lanxi Tianxianfang Linen Co. Ltd.

On Friday, China Linen Textile Industry, Ltd. announced that it has acquired a 100% equity interest in Lanxi Tianxianfang Linen Co., Ltd. The acquisition, valued at approximately $6.7 million, will expand the capacity of the company's two main product lines. The acquisition will also function as a way to help China Linen meet its growing customer demand. This acquisition is expected to add approximately $4.9 million in revenue and $1.2 million in net income annually, while maintaining gross margins of approximately 30%. The acquisition includes a 23,358 square foot office building, a spinning production line with 3,000 spindles, bleaching machines…

MondayNov 22, 2010 9:03 am

PDC Energy (PDC) Releases 2011 Oil and Gas Capital Budget

PDC Energy released the company’s preliminary oil and gas exploration and development budget for 2011. The company expects to spend up to $300 million, subject to approval by the board of directors. PDC Energy estimates that its 2011 capital plan will range between $260 and $300 million, with development drilling comprising between $205 million and $240 million of the total. The company will also spend $36 million to repurchase several oil and gas partnerships issued in 2005. PDC Energy is active in developing the Niobrara oil formation in the Wattenberg Field in Colorado, where it is conducting a horizontal drilling…

MondayNov 22, 2010 8:48 am

President and CEO of True 2 Beauty, Inc. (TRTB.PK) Interviewed by SmallCapVoice.com

Today before the opening bell, SmallCapVoice.com, Inc. announced that a new audio interview with True 2 Beauty Inc., a leading manufacturer and distributor of male sexual potency pills and liquid products in the United States, is now available for playback. The interview can be heard at http://smallcapvoice.com/blog/11-19-10-audio-interview-with-true-2-beauty-inc-pink-sheets-trtb A recognized corporate investor relations firm, with clients nationwide, SmallCapVoice is known for its ability to help emerging growth companies build a following among retail and institutional investors. The firm offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools include stock…

MondayNov 22, 2010 8:41 am

Daulton Capital Corp. (DUCP.OB) to Capitalize on Favorable Location Near Proven Gold Reserves as Precious Metal Prices Hit Record Highs

Daulton Capital Corp. today provided data on its gold property showing it's close proximity to an area with over 1.5 million indicated ounces of gold. Well positioned in the well recognized, and prolific, Tintina Gold Belt, Daulton Capital's Balarat Project straddles Balarat Creek, one of the most productive creeks in the Yukon. The Balarat Project is in close proximity to both the Underworld and Kaminak discoveries, which are now owned by Kinross Gold Corp. (NYSE: KGC) after a takeover valued at about $140 million. According to recent reports, Kaminak has discovered two more new, at surface, gold zones with drilling…

FridayNov 19, 2010 4:52 pm

ImmunoGen (IMGN) Announces Presentation of Positive Anti-cancer Therapy Product

ImmunoGen Inc., a developer of anti-cancer products using its Targeted Antibody Payload (TAP) technology, today announced the presentation of positive clinical data for its IMGN388 anti-cancer compound at the 22nc EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics taking place in Berlin, Germany. IMGN388 is designed to target and kill cells that express its αv integrin target. The company said this antigen is found on various types of solid tumors, including lung, breast and prostate cancers, as well as on vascular cells in the process of forming new blood vessels, a process that needs to occur for any solid tumor…

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