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ThursdayFeb 17, 2011 9:27 am

Kandi Technologies, Inc. (KNDI) to Showcase New Products, Electric Vehicle

Yesterday, Kandi Technologies, Inc. announced that they will be showing their Kandi COCO all-electric vehicles and tricycle products at the 2011 Dealer Expo in Indianapolis, from Feb. 18-20. Kandi will have several examples of their vehicles on display, including ATVs and utility vehicles. Convention attendees will be encouraged to test these vehicles for themselves. The Dealer Expo is the largest powersports convention in the world, with over 700 exhibitors displaying ATVs, motorcycles, and other types of personal recreation vehicles. Kandi Technologies, headquartered in China, manufactures and exports a variety of different vehicles, including off-road vehicles, all-terrain vehicles, utility vehicles and,…

ThursdayFeb 17, 2011 9:26 am

Concierge Technologies, Inc. (CNCG.OB) Transitions from Development Stage Company to Planned Operations

Concierge Technologies, Inc. reports in their Form 10Q for the period ending December 31, 2010 that they have transitioned from a development stage company to planned operations. Consequently, the reporting disclosures have altered minimally because the need to disclose certain historical data is no longer required. The transition from an accounting and disclosure perspective was due to the success of the recently announced refocus of the Wireless Village business from wireless Internet provisioning to that of mobile incident reporting and related digital video recording technologies. Wireless Village is a majority owned subsidiary of Concierge Technologies, Inc. Wireless Village does business…

ThursdayFeb 17, 2011 9:17 am

BIO-key International (BKYI.OB) Partners with Lumidigm to Provide Advanced Biometric Solution

BIO-key International Inc., a leader in finger-based biometric identification solutions, today announced it has partnered with Lumidigm Inc., a multispectral imaging biometrics company, to provide a strong authentication solution for e-prescriptions at Genesis HealthCare System. Ohio-based Genesis HealthCare System has 200 centers throughout the eastern United States and is currently using BIO-key’s biometric identification software with Lumidigm’s fingerprint sensors to enable staff to quickly, securely and conveniently establish their identity when ordering, verifying or administering medications in accordance with Ohio law. BIO-key said 2,000 clinicians and staff are using its fingerprint biometrics leveraging Lumidigm multispectral imaging sensors to establish their…

WednesdayFeb 16, 2011 4:55 pm

Apollo Medical (AMEH.OB) Acquisition Combines Solid Management and Creates Expectant Future

Apollo Medical Holdings Inc., a leading provider of hospitalist services to the healthcare community, has acquired Aligned Healthcare Group LLC, a provider of 24-hour physician call centers and specialized care management services to health plans, hospitals and medical groups. In exchange for a 100-percent ownership interest in Aligned, Apollo will issue 1 million common shares to the shareholders of Aligned, as well as pay up to an additional 4.5 million common shares over the next three years, subject to a performance earn-out based on cash flow. Raouf Khalil, MBA, CEO of Aligned, has 23 years of experience in the healthcare…

WednesdayFeb 16, 2011 3:58 pm

Lighting Science Group (LSCG.OB) Appoints Chief Global Trade Officer to Grow International Sales

Lighting Science Group Corp. ("LSG"), a leading American maker of LED-based lighting, today announced the appointment of Greg Horn as the company’s chief global trade officer. He will be responsible for identifying, negotiating and executing strategic initiatives, deals and leading the creation of new businesses to grow the company's international sales. In addition, Horn will become the lead manager of LSG’s interests in international joint ventures, strategic relationships and strategic investments. For the past two and half years, Horn has worked with LSG as an operating advisor at Pegasus Capital Advisors. Prior to his position at Pegasus, Horn served as…

WednesdayFeb 16, 2011 1:22 pm

Strategic American Oil Corp. (SGCA) Closes Galveston Bay Energy Acquisition, Average Production Rate of 378 boepd

Strategic American Oil, www.strategicamericanoil.com – a growth stage oil and gas firm with working interests in a variety of projects throughout Texas, Illinois and Louisiana, reported closing of the Galveston Bay Energy, LLC (GBE) purchase today. CEO of SGCA, Jeremy G. Driver, called it a seminal event for the Company, which will provide a solid financial and operational foundation for growth and cash flow targets. The Texas Gulf Coast is home to the GBE properties, which consist of five rich fields spanning roughly 24.6k gross acres (23k net). GBE handles 100% of the production operations and maintains roughly an 85%…

WednesdayFeb 16, 2011 12:16 pm

Pluristem Therapeutics, Inc. (PSTI) Moves Ahead with PLX-PAD Clinical Trials after Positive Feedback from FDA and EMA

Pluristem, a leading developer of placenta-based cell therapies for treating local and systemic inflammatory diseases, feels that positive feedback received from both the FDA (Food and Drug Administration) and the EMA (European Medical Agencies) regarding its PLX-PAD product for treating PAD (Peripheral Artery Disease), a chronic disease that progressively restricts blood flow in the limbs, clears the way for further clinical studies with its PLX-PAD cells. The company is now on track to proceed to a Phase II/III trial for CLI (Critical Limb Ischemia) and a Phase II trial for IC (Intermittent Claudication). The company recently announced the successful completion…

WednesdayFeb 16, 2011 12:14 pm

Tuffnell Ltd. (TUFF) Reports Success at Exploration Program in Arizona

Tuffnell Ltd. released an update on its exploration program at its mining property in Arizona, which the company believes is prospective for gold and copper. Tuffnell Ltd. has an option on 1,560 acres at the Little Butte project located approximately twenty miles north of Quartzite, Arizona. The company’s claims at the property include seventy three unpatented and five patented mining claims. The Little Butte property lies within the Walker Lane Gold belt, which is an established trend that has produced more than 450 million ounces of gold and silver since it was discovered. Tuffnell Ltd. is engaged in phase two…

WednesdayFeb 16, 2011 11:01 am

KeyOn Communications Holdings Inc. (KEYO.OB) Closes on Purchase of Wireless Broadband Assets from ERF Wireless

KeyOn Communications Holdings Inc. is one of the largest providers of wireless broadband, satellite and voice over Internet protocol (VoIP) in the United States. The company primarily targets underserved markets with populations generally less than 50,000 people in western and mid-western states. The company announced today the closing of the acquisition of certain wireless broadband networks and subscribers in east central Texas from ERF Wireless Inc. Historically, the acquired networks have demonstrated consistent revenues and currently generate positive earnings before interest, taxes, depreciation and amortization. It is expected that KeyOn will receives the benefits of the positive EBITDA immediately. KeyOn…

WednesdayFeb 16, 2011 10:59 am

NIVS IntelliMedia Technology Group, Inc. (NIV) to Enter into Indian Mobile Phone Market with $1.7 Million Contract

Today, consumer electronics company NIVS IntelliMedia Technology Group, Inc. announced that it is breaking into the Indian telecommunications market through a contract for approximately $1.7 million in custom mobile phones. A tentative agreement for the custom handsets was originally signed in November 2010, contingent upon approval of a 2,000 unit test-run in January 2011. Based on the test-run’s success, NVIS will start production of the remainder of the $1.7 million worth of units immediately. India has seen very strong growth in mobile phone market in the last few years. According to the Telecom Regulatory Authority of India, the country currently…

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