Blog - Page 3624 of 5548

TuesdayJul 20, 2010 7:40 am

NetSol Technologies, Inc. (NTWK) Announces Upgrade Agreement with Singers Healthcare Finance Limited

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, this morning announced that the Company has signed a LeaseSoft license upgrade agreement with Singers Healthcare Finance Limited ("SHFL"), one of the UK's leading providers of leasing solutions to the healthcare industry. As terms of the agreement, SHFL will upgrade to the latest version of NetSol's LeaseSoft asset management solution. With this upgrade, SHFL will gain a large number of functionality enhancements, including specific enhancements to support SHFL's expanding business within the healthcare equipment leasing industry. Susan Hinton-Smith, CEO of SHFL, commented, "We have enjoyed a successful…

MondayJul 19, 2010 3:40 pm

CleanTech Innovations, Inc.’s (EVCPD.OB) Success Prompts Move to NASDAQ

CleanTech Innovations, Inc., www.ctiproduct.com – a US-based leader in the rapidly growing Chinese market for technologies which ameliorate air pollution and energy consumption concerns with its innovative pressure vessels, bellow expansion joints and wind towers, broke the word of its application to list the Company’s common stock on the NASDAQ today. Chairman and CEO of CleanTech, Ms. Bei Lu, pledged circumspect adherence to protocols and the full faith and cooperation of the Company in working with NASDAQ listing staff members towards an expedient approval. Ms. Bei Lu called the move to NASDAQ a “natural progression for CleanTech”, which has seen…

MondayJul 19, 2010 3:37 pm

Voyager Oil & Gas, Inc. (VYOG.OB) Issues Operational Status Update

Voyager Oil & Gas, Inc., www.voyageroil.com – the Billings, Montana-based firm engaged in exploration and production on some 147k total net acres in the US, with the majority of its efforts in oil shale, took some time to provide a drilling and completion update on its major prospects today. CEO of VYOG, J.R. Reger, projected that the Company’s aggressive leasing in the Williston Basin Bakken/Three Forks would continue, and that development programs in the D-J Basin Niobrara and Tiger Ridge Gas field would proceed apace as VYOG is fully capitalized to execute on its acquisition and development strategy. Reger noted…

MondayJul 19, 2010 12:51 pm

Micro Identification Technologies, Inc. (MMTC.OB) – A Leader in Bacterial Detection and Food Safety

Micro Identification Technologies Inc. is focused on becoming a global leader in developing and marketing products and processes that detect and identify microbial organisms for the food safety and health care industries. The company believes that its MIT 1000 system will be able to replace current bacterial detection and identification methods. Current methods of taking a culture and sending it to a laboratory are both costly and time-consuming (48-72 hours). The portable MIT 1000 system will cut costs to only $0.10 a test and reduce the identification time down to mere hours. The MIT 1000 system requires only a small…

MondayJul 19, 2010 12:34 pm

RADA Electronic Industries (RADA) Tallies $3.1 Million in Q2 Product Orders

RADA Electronic Industries Ltd., an Israel-based defense electronics contractor, today announced that during the second quarter of 2010 it has received follow-on production and maintenance orders totaling more than $3.1 million. The company develops, produces and markets Data Recording and Management Systems such as digital video and data recorders, ground debriefing stations, head-up display cameras and more for air and land applications, as well as avionics solutions and other relative technology. "We are seeing a steady increase in the company's backlog and sales. We believe this growth is indicative of the company's improved business performance as well as customer confidence…

MondayJul 19, 2010 11:02 am

Severn Bancorp, Inc. (SVBI) Reports Second Quarter Earnings

Severn Bancorp, Inc. reported results for the second quarter of 2010 ending 6/30/2010. The company earned net income of $0.59 million, or $0.02 per diluted share, compared to a net loss of $6.9 million, or ($0.73) per diluted share, in the second quarter of 2009. The management of Severn Bancorp, Inc. expressed relief at the return to profitability at the bank, but cautioned that a weak economy with high unemployment would continue to impact results. Alan J. Hyatt, the CEO of Severn Bancorp, Inc., said, “We are gratified by these results and are pleased that our hard work is resulting…

MondayJul 19, 2010 11:01 am

Evolution Petroleum Corp. (EPM) Signs JV to Develop Portfolio of Properties

Evolution Petroleum Corp. signed a joint venture agreement with an unnamed private oil and gas company to develop the company’s properties. Evolution Petroleum Corporation said that the agreement covered five horizontal wells in the Giddings Field located in Central Texas. The company’s properties in the Giddings Field are in Burleson and Grimes County. The five horizontal wells will target several different producing oil and gas zones including the Austin Chalk and Georgetown formations. The company said that a typical well here produces approximately an equal proportion of crude oil, natural gas and natural gas liquids. Robert Herlin, the CEO of…

MondayJul 19, 2010 10:59 am

Balqon Corp. (BLQN.OB) Expands Distribution Into Europe with Mol Transport Solutions

Balqon Corporation is a leading developer of heavy-duty electric trucks, tractors and electric drive systems. The company uses its proprietary flux vector control technology to design propulsion systems for 10 to 50 ton capacity vehicles and material handling equipment. For more information on the company's technology and products, please visit their website at www.balqon.com The company announced today that it has entered into a dealer agreement with Mol Transport Solutions, a leading manufacturer of port and material handling equipment in Europe. Founded in 1944, Mol Transport Solutions develops heavy-duty trucks for both highway and off-highway applications. Their product line include…

MondayJul 19, 2010 10:43 am

Uranium Energy Corp. (UEC) Announces Independent Report Confirming Historical Resource of 1.5 Million Pounds eU3O8 at the Salvo Project

Uranium Energy Corp. was pleased to announce this morning that the company has received an independent National Instrument 43-101 technical report for the Salvo Project located in Bee County, Texas. According to the report, the Salvo Project has an historical mineral resource of 1,505,000 pounds of U3O8. The Salvo Project has earlier been referred to as the Seager-Salvo Project. The historical resource estimate was performed using industry-accepted standards for its time, however, additional verification and validation is needed to bring the property to a current Canadian Institute of Mining (CIM) resource classification. According to the press release, Uranium Energy is…

MondayJul 19, 2010 9:24 am

NetSol Technologies, Inc. (NTWK) Continues to Rack Up China and Global Success

NetSol Technologies Inc. continues to strengthen its position in China and around the world, with a recent string of good news kicked off by its recent announcement of a major contract with giant Sany Corp. of China. The agreement calls for NetSol to deploy its popular Financial Suite (NFS) solution across Sany’s vast dealership network, as well as in its back office centers across China. The deal represents a huge success for NetSol. Sany Corp. is the largest concrete machinery manufacturer in the world, and one of the world’s top 50 construction machinery manufacturers. It has also been honored as…

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