Blog - Page 3635 of 5440

MondayApr 05, 2010 8:11 am

Compass Diversified Holdings (CODI) to Buy Liberty Safe

Compass Diversified Holdings recently announced the signing of an agreement to purchase Liberty Safe and Security Products, Inc. from Catterton Partners, a consumer focused private equity company. Compass Diversified Holdings paid $70 million for a 96% stake in Liberty Safe and Security Products, Inc. Compass Diversified Holdings funded the purchase with its revolving credit facility. “We expect the acquisition of Liberty to immediately provide our owners with ten to fifteen cents per share of cash flow accretion on a full year basis. Furthermore, we are optimistic that in the current environment, we will have additional opportunities to acquire businesses attractively…

FridayApr 02, 2010 3:52 pm

Micro Identification Technologies Inc. (MMTC.OB) is “One to Watch”

Micro Identification Technologies Inc. (MIT) is focused on becoming a global leader in developing, supporting and marketing rapid systems and processes that detect and identify microbial organisms. For several years the company has been working on the development of a breakthrough, laser-based microbial identification technology. This technology has been designed to be extremely fast and easy to use while not relying on conventional chemical or biological processing, fluorescent tags, gas chromatography or DNA analysis. The system works by measuring scattered light intensity as individual microbes pass through a laser beam. The intensity pattern of the scattered light is a direct…

ThursdayApr 01, 2010 3:18 pm

Soligenix, Inc. (SNGX.OB) 2009 Data Reports Show Strong Fundamentals, Massive Growth Potential

Soligenix, Inc., an established biopharma company specializing in products which offset the potentially fatal side effects of many oncology treatments and severe diseases in the gastrointestinal system, as well as vaccines tailored for counter-bioterrorism applications, announced FY 09 results today. Revenue was up 22% ($506k) to $2.2M from 08 on strength of a $1M clinical milestone outlay from Sigma-Tau Pharmaceuticals Inc. (Sigma-Tau) in relation to a collaborative Phase 3 (randomized, double-blind, placebo-controlled) clinical trial of orBec® for gastrointestinal Graft-versus-Host disease (GI GVHD). SNGX also completed a partnering agreement with Sigma-Tau regarding NA commercialization and deployment of orBec® and oral BDP…

ThursdayApr 01, 2010 3:15 pm

Versar, Inc. (VSR) Signs $7.6M Contract to Support EPA’s Pesticide Program

Versar, Inc., the Springfield, VA-based purveyor of professional services supporting homeland defense, infrastructure and management with a key emphasis on environmental compliance, announced recently the award of a $7.6M, 5-year contract analyzing chemistry data. This contract with the U.S. Environmental Protection Agency’s (EPA), Health Effects Division (HED), Office of Pesticide Programs (OPP) calls for a comprehensive evaluation of extant data on pesticide products and residue, increasing VSR’s ongoing Exposure and Risk Assessment Division-managed contracts to six. CEO of VSR Tony Otten commented on this further extension of the Company’s backlogs, calling it a vital new contract which, while nothing unusual…

ThursdayApr 01, 2010 3:12 pm

Save the World Air, Inc. (ZERO.OB) Confident in its Ability to Meet Government Demands for Reform

Clean technology pioneer Save the World Air, Inc. commented today that the company’s strategy is perfectly suited to meet the demands for lower energy consumption and increase for national fuel security. The announcement follows President Obama’s speech yesterday at Andrews Air Force base, where he proposed to open up expanses of the Atlantic coastline and parts of Alaska to oil and natural gas drilling. In turn, other areas of the U.S. would be off limits. The speech highlighted the need to balance national fuel security with protecting the environment. Speaking in front of an F-18 “Green Hornet” that will run…

ThursdayApr 01, 2010 3:10 pm

Mag Silver Corp. (MVG) Readies Operations for a Large High-Quality Silver Find

Many might think that all the large silver and gold deposits about the world have been found. Fortunately for junior miners this is far from the truth. An investor that can find a development stage miner that has struck a vein is one that will profit in the not too distant future. Mag Silver Corp., a development stage silver mining company, works to discover, develop and exploit silver mining claims primarily in the Mexican silver mining belt. The company currently controls 100% of the Cinco de Mayo and Lagartos properties and a 44% share of the Juanicipio property. High grade…

ThursdayApr 01, 2010 3:07 pm

Increased Product Demand Drives China Clean Energy (CCGY.OB) Healthy Q4, FY Financials

China Clean Energy Inc. operates through its subsidiaries to produce biodiesel and environmentally friendly specialty-chemical products made from renewable resources in China. The company today reported its financial results for the fourth quarter and fiscal year ended December 31, 2009, posting solid growth and increased demand for its products. Revenue for the fourth quarter was $4.9 million, up 18.5 percent from the fourth quarter of 2008. The company attributes the increase primarily to the 53.2% year-over-year increase in sales volume of specialty- chemical products. Gross profit in the fourth quarter of 2009 was $896,933, up 52.4 percent from the comparable…

ThursdayApr 01, 2010 2:11 pm

Air Transport Services Group Inc. (ATSG) Appoints Seasoned Industry Veteran to Management Team

Air Transport Services Group Inc. is a leading provider of air cargo transportation services, operating through five subsidiaries, including three airlines. The company recently appointed Rich Corrado to the positions of chief commercial officer of ATSG and president of subsidiary Cargo Aircraft Management Inc. (CAM). Corrado’s industry experience will support his responsibility of leading the sales and marketing strategy, as well as the execution for the ATSG family of companies and his responsibilities for CAM. "Rich's knowledge of business development, sales management and strategic planning--paired with his specific industry experience--will be a great asset for us," ATSG CEO and President…

ThursdayApr 01, 2010 2:09 pm

Simulated Environment Concepts, Inc.’s (SMEV.PK) Unique Corporate Culture

Simulated Environment Concepts Inc. is the creator and manufacturer of the award-winning, most advanced relaxation device in the world – the SpaCapsule. The SpaCapsule device offers a unique combination of massage therapy, aromatherapy and audiovisual relaxation techniques which has made it such a successful product around the globe. The company itself has a unique culture in comparison to other companies in today's corporate environment. Since 1997, the management of Simulated Environment Concepts has continued to focus on delivering business solutions and success to all. The entrepreneurial spirit, hard work and dedication of the company's staff has consistently provided the best…

ThursdayApr 01, 2010 2:04 pm

SatMAX Corp. (SATM.PK) Signs Marketing LOI with AvStar Aviation

SatMAX Corp. Houston based producer of advanced non-line-of-sight systems for satellite communications, announced recently that it has signed a letter of intent with AvStar Aviation Group, Inc., allowing AvStar to market the SatMAX® satellite communications repeaters and testing equipment to the commercial helicopter maintenance industry. Wireless satellite telephone communications requires a direct line-of-sight connection between the user and the satellite to create the link between the handheld satellite phone and the orbiting satellite. This line-of-sight connection is interrupted when a user steps indoors. SatMAX repeater technology overcomes this line-of-sight requirement, allowing users much more flexible communication. The agreement, estimated at…

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