Blog - Page 3624 of 5677

FridayNov 26, 2010 5:56 am

Commerce Resources Corp. (CMRZF.PK) Reports Results of Drilling Test in Canada

Commerce Resources Corp. reported that the company has received results from mineral tests conducted at two drill holes on the company’s properties in Canada. Commerce Resources Corp. drilled the EC10-046 and EC10-047 holes into the Ashram Rare Earth Element Zone at the Eldor Project in Quebec, Canada. The company said that the results of the two drill holes indicated the presence of heavy rare earth element mineralization at the site. Commerce Resources Corp. said that the recent drilling holes and other exploratory work at the site have established a 650 meters by 35 meters zone of heavy rare earth element…

WednesdayNov 24, 2010 4:26 pm

RiT Technologies Ltd. (RITT) Inks Strategic Agreement with Adwest Communications to Extend Market Reach

Infrastructure management company RiT Technologies today announced its agreement with Adwest Communications Ltd., a Kenya-based provider of advanced communications network solutions, in which Adwest will distribute RiT’s solutions to customers throughout East Africa. The agreement reflects RiT’s business strategy to increase its local representation and expand its reach into rapidly growing markets. Adwest’s market experience and network is expected to support and enhance RiT’s expansion efforts. Paul Makobi, general manager of Adwest, noted RiT’s valuable solutions applicable to a variety of enterprises. "With an extensive range of industry-leading products - all the way from high-quality cables to sophisticated Intelligent Infrastructure…

WednesdayNov 24, 2010 2:43 pm

AUXILIO, Inc. (AUXO.OB) Expands Contract Adding Three Hospitals and Further Notoriety

AUXILIO, Inc., the nation’s pioneering Managed Print Services (MPS) company focused on the health care industry, recently announced an expansion of its MPS contract with Sutter Health’s California Pacific Medical Center (CPMC) to include the remainder of Sutter’s West Bay Region, which includes Sutter Medical Center of Santa Rosa, Sutter Lakeside Hospital, Sutter Novato Medical Campus and the Sutter Pacific Medical Foundation. According to company, the expanded relationship is a direct result of the confidence earned over the last five years by successfully executing a print services program at CPMC. Sutter Health is one of the country's largest community-based non-profit…

WednesdayNov 24, 2010 1:38 pm

IDO Security, Inc. (IDOI.OB) Goes To China

When IDO Security first developed MagShoe™, the foot level security scanning device that eliminates the need for passengers to remove their shoes, it's doubtful that anyone in or out of the company fully anticipated the level of interest around the world that would be generated. And now, based upon growing demand in the area, the company is traveling to China to train distributors on the latest iterations of MagShoe. The International Marketing Manager for the company, Dani Werber, said of the trip, “We are most excited to be able to introduce our new state of the art models to the…

WednesdayNov 24, 2010 9:44 am

Hotel Outsource Management International, Inc. (HOUM.OB) to Supply Major New Luxury Hotel in Israel with its Computerized Minibars

Hotel Outsource Management International, www.my-homi.com – a multi-national provider of computerized minibars and associated services, reported signing of an Outsourcing Agreement today which will see the Company’s HOMI® 232 Computerized Minibar installed in the luxurious new Isrotel Beresheet Hotel. The Isrotel Beresheet is scheduled to open next year in March/April at a premiere location in Mitzpe Ramon, Israel and will offer unique leisure resort features to its guests, cleverly leveraging the nearby Ramon Crater and Negev desert attractions as well. The beautiful 112 room hotel is designed to offer the pinnacle of service and accommodations. It is of no surprise…

WednesdayNov 24, 2010 9:41 am

Entrée Gold Inc. (EGI) Reports Successful Assay Tests on Nevada Properties

Entrée Gold Inc. reported that the company has received positive test results indicating the presence of copper on two of its mining properties in Nevada. The company has decided to conduct additional exploration activities in these areas. Entrée Gold Inc. conducted assay tests in the Yerington district, where the company has interests in the Blackjack and Roulette properties. At the Blackjack property, Entrée Gold Inc. drilled seven exploration holes totaling 2,820 meters. The results of the assay tests indicate the presence of oxide copper mineralization on the property. Entrée Gold Inc. believes that this is a continuation of the Blue…

WednesdayNov 24, 2010 8:51 am

ECOtality (ECTY) Appoints Ravi Brar as Chief Financial Officer

Yesterday, ECOtality publicly named Ravi Brar as their new Chief Financial Officer. This marks Brar's entry to the company, and while ECOtiality's previous CFO Barry Baer will stay with the company, it will be in a new capacity as a consultant assisting the company during the transition. Located in San Francisco, ECOtality is a manufacturer of electric transportation and storage technology. Their goal is advancing green electric transportation tech to phase out and replace fossil and carbon-based fuels. Ravi, who has an MBA from the Katz Graduate School of Business (University of Pittsburgh), has nearly 20 years of experience. His…

WednesdayNov 24, 2010 8:48 am

Raser Technology (RZTI.OB) Finalizes Transaction to Launch New Electric Automotive Company

Prominent technology company Raser Technologies, Inc. announced on Tuesday that it has finalized a transaction to form a new electric automotive company with a small group of private investors. Led by California investor Carl E. Berg, the plan will be focused initially on trucks and SUVs for fleet customers. In the transaction, Mr. Berg will capitalize the new company with $4.5 million, which will be used as working capital for the new company. Mr. Berg will receive $2.5 million in cash, $1.5 million of which was paid at closing and the remainder is to be paid by December 20, 2010.…

WednesdayNov 24, 2010 8:47 am

Manhattan Bancorp (MNHN.OB) Announces the Appointment of President & Chief Executive Officer

Manhattan Bancorp and their wholly-owned banking subsidiary, Bank of Manhattan, N.A. (Bank), announced yesterday the appointment of Terry Robinson as President & Chief Executive Officer of both the Company and the Bank. Mr. Robinson will also serve as a member of the Board of Directors of both the Company and the Bank. In addition, Manhattan Bancorp announced the appointment of Grant Couch as Chairman of the Board of Directors of the Company and the Bank. Mr. Couch will succeed founding Chairman Kyle A. Ransford, who will continue as a Director of the Company and the Bank. Mr. Robinson has been…

WednesdayNov 24, 2010 8:44 am

Eagle Ford Energy Inc. (EFRDF.OB) Reports Successful Well in Texas

Eagle Ford Energy Inc. reported that the company has successfully drilled a horizontal well on its leasehold acreage in Texas. Eagle Ford Energy Inc. conducts its exploration and production activities through Dyami Energy LLC, a wholly owned subsidiary of the company. The Matthews Dyami #1-H well was drilled by Dawsey Operating LLC to a vertical depth of 5,100 feet and a measured depth of 8,500 feet. The well was extended 3,300 feet horizontally through the Eagle Ford Shale Eagle Ford Energy Inc. said that during the drilling operation, the company logged the well and took thirty-six core samples from various…

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