Blog - Page 3624 of 5563

TuesdayAug 03, 2010 4:34 pm

CardioGenics (CGNH.OB) Inks “Key Milestone” Commercialization Agreement with Merck-Chimie

CardioGenics Holdings Inc. develops ultra-sensitive analyzers and other products for the Point-of-Care IVD testing market. The company today announced an agreement with Merck-Chimie S.A.S. to commercialize CardioGenics’ proprietary paramagnetic beads to Merck-Chimie’s customers. Bead shipments will commence in mid-September of this year. Merck-Chimie is a leading supplier of paramagnetic diagnostic beads, which are integral to every immunoassay analyzer. The bead’s role as a key analyzer component to reflect a broader market valued at roughly $1 billion. CardioGenics' technology improves the signaling properties of the beads, which increases the sensitivity of immunoassay analyzers up to seven times and allows for enhanced…

TuesdayAug 03, 2010 4:34 pm

Northwest Biotherapeutics (NWBO.OB) Reports Stimulating Follow-Up Data to Clinical Trials for its Brain Cancer Treatment

Northwest Biotherapeutics, Inc. (www.nwbio.com) today (Tuesday, August 3) reported some excellent long-term follow-up data related to previous Phase I and Phase I/II clinical trials for its DCVax®-Brain personalized immune therapy, which was devised for the most aggressive and lethal brain cancer ever seen, the newly diagnosed Glioblastoma multiforme (GBM). The Company is a development-stage biotech pioneer specializing in immunotherapy that utilizes proprietary techniques for activating the immunological system of the patient. Such technology is a powerful step forward for oncology applications and cancer patients alike. The data coming in looks really good: • No patient deaths in the nine months…

TuesdayAug 03, 2010 4:32 pm

Timberline Resources (TLR) Starts Drilling for Gold at South Eureka, Nevada Project

Timberline Resources Corporation (TLR) www.timberline-resources.com – the strategically diversified gold production firm focused on growth through the acquisition of advanced-stage exploration properties with near-term production potential, disclosed details of its drilling operations at the recently-acquired South Eureka property today, Tuesday, August 03. Continuous revenue generation which benefits both the core strategy and shareholders is paramount at TLR, and the Company was pleased to announce the mobilization of a surface drill and commencement of the diamond-drilling segment at the property, which is situated in Nevada's Battle Mountain-Eureka gold trend. With plans to start a complementary reverse circulation (RC) drill program in…

TuesdayAug 03, 2010 12:05 pm

Veramark Technologies, Inc. (VERA.OB) Accounting Solution Now Rated “Avaya Compliant

One company that is starting to capture the attention of investors is Veramark Technologies. Located in Pittsford, New York, Veramark has evolved into a leading provider of innovative enterprise solutions for call accounting and telecom expense management. Today, Veramark took a major step towards enhancing their future with the announcement that their technology is becoming a global presence. The technology Veramark is referring to is their VeraSMART (R) eCAS (R) Call Accounting software. This software has been rated compliant with the Communication Server 1000 Release 6.0 IP PBX from Avaya(R), a global leader in enterprise communications systems, software and services.…

TuesdayAug 03, 2010 12:04 pm

VAALCO Energy, Inc. (EGY) Issues Operations Update on Gabon Project

VAALCO Energy, Inc. (EGY) issued an operational update on its oil and gas exploration and development activities in the offshore area near Africa. VAALCO Energy, Inc. is drilling the Southeast Etame No. 1 well, which is located offshore Gabon. The original well was drilled to a depth of approximately 9,000 feet and found sixteen feet of net oil pay in the Gamba sandstone formation. VAALCO Energy, Inc. has just completed a sidetrack well to the original well, and also found net oil pay. The company estimates that the size of the net oil pay is approximately 90 feet. VAALCO Energy,…

TuesdayAug 03, 2010 12:03 pm

PASSUR Aerospace (PSSR.OB) Helps JFK Airport, Airlines Improve Efficiency

PASSUR Aerospace Inc. provides the industry standard in business intelligence dashboards and predictive analytics for aviation organizations. The company serves most major airlines, over 50 airport customers, more than 200 corporate aviation customers and the US government. The company announced today that its pioneering, patent-pending system solution reduced ground congestion and delays during runway construction at one of the nation's busiest airports, John F. Kennedy International. PASSUR's collaborative passive software solutions and professional services program effectively coordinate the many elements of airport operations. This significantly reduces the length and duration of departure queues on the tarmac, reducing airline fuel costs…

TuesdayAug 03, 2010 12:03 pm

MMRGlobal (MMRF.OB) CEO Wins Third Victory in Battle with USDA

MMRGlobal, Inc. issued a press release yesterday afternoon to publicly announce that their CEO, Robert H. Lorsch, once again won in court the appeal put forth by the United States Department of Agriculture (USDA). The original complaint was first filed in 2003 and the battle has waged on for nearly 7 years, with Mr. Lorsch refusing settlement to instead fight the case in trial. In the original decision of the case, all charges were dismissed against Mr. Lorsch. The USDA was relentless and filed two separate appeals and has lost both of them as a final ruling was rendered again…

TuesdayAug 03, 2010 12:02 pm

Energy Holdings International, Inc. (EGYH.OB) Creates Oil and Gas Joint Venture

Energy Holdings International, Inc. reported that the company has signed a deal with a private entity to create a joint venture to invest in oil and gas and power projects on a global basis. Energy Holdings International, Inc. is forming a Special Purpose Corporation with Wasatah Capital and capitalizing the corporation with $50 million. Energy Holdings International, Inc. has identified several attractive opportunities in the oil and gas development and power generation areas, and will be providing acquisition experience and assistance in operating the assets after purchase. Wasatah Capital is an investment company formed several years ago with the approval…

TuesdayAug 03, 2010 9:05 am

Advanced Environmental Recycling Technologies, Inc. (AERT.OB) Announces Second Quarter Results

Yesterday, Advanced Environmental Recycling Technologies, Inc. announced that sales for the quarter ended June 30, 2010 were $23.2 million. This is up 5 percent from $22.1 million for the second quarter of 2009. As strict cost control continued, the Company's second quarter gross margin improved 2.4 percentage points for 2010 over the prior year. Mainly due to increased promotional expenses, selling and administrative costs for the quarter increased by $0.5 million or 1.3 percentage points of sales. Advanced Environmental Recycling Technologies, Inc. recorded operating income of $2.5 million. This represents a $0.3 million improvement over the quarter ended June 30,…

TuesdayAug 03, 2010 9:04 am

Universal Detection Technology (UNDT.OB) Comments on Bioterrorism Threat and Response in Los Angeles

Universal Detection Technology (UNDT.OB), a developer of monitoring technologies, including bioterrorism detection devices, recently commented on an anthrax scare at a downtown Los Angeles Metro station last week. This bio-terrorism threat forced an evacuation from the Los Angeles County Sheriff’s Department. At 5 a.m. PDT, a suspicious, white powdery substance was discovered at the 7th Street Metro Station, leading to an evacuation of the facility. Jacques Tizabi, Universal Detection Technology’s chief executive officer, stated, “The incident that happened in Los Angeles on Friday can occur anywhere, at anytime, underscoring the very real threat bioterrorism poses.” Mr. Tizabi continued, “For a…

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