WednesdayApr 14, 2010 2:03 pm

PetroAlgae, Inc. (PALG.OB) Agreement with Asesorias e Inversiones Quilicura to Bring Large Scale Biomass Production to Chile

PetroAlgae Inc., a dynamic alternative energy producer focused on establishing a first-mover advantage in the biofuels sector using a revolutionary continuous harvesting process and a variety of licensed commercial micro-crops, today announced the signing of a memorandum of understanding with Asesorias e Inversiones Quilicura (AIQ) aimed at developing micro-crops in Chile. The agreement gives AIQ (a major shareholder in the well-known Chilean busing company, Subus Chile S.A.) the option to license PALG’s easily modifiable and modular system that enables a continuous harvesting process of a variety of commercial micro-crops, in order to produce biofuels like “green” gasoline, jet fuel, diesel…

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WednesdayApr 14, 2010 12:22 pm

ViewCast Corp. (VCST.OB) Breaks New Ground with the Niagara SCX 6.2

One company that is starting to separate itself from their competition is the ViewCast Corporation. Located in Plano, Texas, ViewCast has earned a stellar reputation in the technology sector by producing award-winning solutions that simplify the complex workflows required for Web-based streaming of video content. Today, ViewCast took a major step towards their future with an announcement of the release of their Niagara SCX 6.2. The Niagara SCX 6.2 is the new “iPhone Live Media Publisher” component which includes proprietary, built-in MPEG-2 Transport Stream file segmenting and HTTP-based adaptive streaming to Apple, iPhone, iPad and iTouch mobile devices. The upload…

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WednesdayApr 14, 2010 12:13 pm

NetSol Technologies, Inc. (NTWK) Gets the Credit

NetSol Technologies Inc. has been able to overcome rough economic times by simply helping other companies succeed by offering systems and services that are simply unmatched. A great example of this is NetSol’s Credit Application Processing (CAP) System, called LeaseSoft.CAP, a web-based credit evaluation system that surpasses every industry performance benchmark. LeaseSoft.CAP is a highly efficient automated system for analyzing and presenting the credit worthiness of applicants, significantly cutting down on application processing times. Together with sophisticated technology, LeaseSoft.CAP has an integrated link directly to credit bureaus and agencies, allowing credit history to be accessed in the shortest possible time.…

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WednesdayApr 14, 2010 12:10 pm

Charter Communications, Inc. (CCMM.OB) Reports Preliminary First Quarter 2010 Results

Charter Communications Inc. is a leading broadband communications company and the fourth-largest cable operator in the United States. The company today announced preliminary results based on information currently available for revenues, operating costs and expenses, and customers for the quarter ended March 31, 2010. The company said it expects revenues for the first quarter to be approximately $1.735 billion, an increase of 4.5 percent compared with the pro forma results of the first quarter of 2009. Revenues increased primarily as a result of digital video, high-speed internet, telephone and commercial customer growth. Operating costs and expenses are expected to be…

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WednesdayApr 14, 2010 9:57 am

Voiceserve Inc. (VSRV.OB) Unleashes Blackberry Compatible Mobile Dialer

Voiceserve Inc., a next-generation Internet Telephony software and service provider, today announced the availability of its Blackberry compatible VoIP mobile dialer, which enables Blackberry users to receive phone calls through the Internet 3G or edge without the high international calling rate. The dialer is designed to work with Voiceserve’s VoipSwitch’s Softswitch platform, and is compatible with alternative third-party SIP compliant platforms. VoiceServe CEO Michael Bibelman noted that Voiceserve is one of the first pioneers in VoIP dialer services for Blackberry, and he laid out the numbers reflecting the handset’s popularity. “The addition of the Blackberry VoIP dialer to Voiceserve’s full…

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WednesdayApr 14, 2010 9:55 am

GWS Technologies (GWSC.OB) Prepares to Lay Foundation for Proposed Solar Farm Sites in Mexico

Renewable energy solutions provider GWS Technologies Inc. today announced it is in the process of laying out plans for proposed solar farm sites in Veracruz and Chiapas, Mexico, where GWS will provide engineering, project management, solar equipment and technology integration on the projects. The projects range in size from 80 acres to 400 acres, with estimated costs ranging between US$50 million to US$250 million per project. The Constitution of Mexico entitles the government the sole power to generate, transport, distribute and supply electricity for public use; however, the 2008 Renewable Energy Usage and Energy Transition Financing Act allows private companies…

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WednesdayApr 14, 2010 7:53 am

IVAX Diagnostics, Inc. (IVD) Signs Agreement with Biomerica, Inc. (BMRA.OB)

Today, fully integrated in vitro diagnostics company IVAX Diagnostics, Inc. signed a two year agreement with Biomerica, Inc. for the nationwide and global distribution of Biomerica’s products, with certain country and product exclusions. As per the agreement, IVAX Diagnositcs’ subsidiaries, Diamedix Corporation and Delta Biologicals S.r.l., will have the right to distribute Biomerica’s suite of products including the 33 ELISA test kits in the areas of diabetes, gastrointestinal disease and bone/mineral disorders. The products will initially be marketed under the Biomerica name; if certain initial sales levels are achieved, it will be marketed under the Diamedix brand in the U.S.…

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WednesdayApr 14, 2010 7:52 am

Adventure Energy, Inc. (ADVE.OB) Announces Name and Symbol Change

Adventure Energy, Inc. announced that the Company's name change to US Natural Gas Corp would become effective today, April 14, 2010 at the open of business. Their new trading symbol will be "UNGS" on the OTC Bulletin Board. Mr. Wayne Anderson, President of US Natural Gas Corp. stated, "We are pleased to have completed our corporate name change to US Natural Gas Corp and believe that this new name properly reflects our primary business operations in the Appalachian region. We look forward to sharing future corporate developments with our shareholders." The Company is also working towards the closure of the…

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WednesdayApr 14, 2010 7:50 am

Frederick County Bancorp, Inc. (FCBI.OB) Reports Higher Net Income in First Quarter of 2010

Frederick County Bancorp, Inc. reported net income of $308,000, or $0.21 per diluted share, in the first quarter of 2010. This was a strong improvement from the net income of $45,000, or $0.03 per diluted share, in the same quarter of 2009. The bank attributed the increase in earnings to a rebound in net interest income, which increased from $2.0 million to $2.5 million over the same time frame. Frederick County Bancorp, Inc. also saw improved credit and asset quality in the first quarter of 2010, compared to 2009. Net loan charge-offs totaled $500,000, due to one write off in…

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