Blog - Page 3673 of 5620

ThursdayAug 12, 2010 9:54 am

Bancinsurance Corp. (BCIS.OB) Signs Merger Agreement

Yesterday, Bancinsurance Corporation announced that on August 10, 2010 they entered into a definitive merger agreement to be acquired for $8.50 per common share in cash. They will be acquired by a company that will be owned at the time of the merger by John S. Sokol (the Chairman of the Board, Chief Executive Officer and President of Bancinsurance), Barbara K. Sokol, James K. Sokol, Carla A. Sokol, Falcon Equity Partners, L.P., Matthew D. Walter (a member of the Board of Directors of Bancinsurance), Daniel J. Clark, Joseph E. LoConti, Edward Feighan and Charles Hamm (collectively the "Proposing Persons"). The…

ThursdayAug 12, 2010 9:28 am

ICOP Digital, Inc. (ICOP) Selected by Department of Homeland Security for Project

ICOP Digital Inc. was founded in May 2002 in response for market demand for a digital replacement of legacy analog mobile video systems in law enforcement vehicles. The company today is a leading provider of in-car video and mobile video digital surveillance technology solutions for law enforcement, fire, EMS, military and homeland security markets worldwide. The company's solutions help the public and private sectors improve security, reduce losses and mitigate risks through the capture, live streaming and secure management of high-quality video and audio. In addition to its digital video recorders, ICOP provides software tools for storing and managing the…

WednesdayAug 11, 2010 3:18 pm

ViewCast (VCST.OB) Technology to Power Swagit’s Streaming Media Architecture for Governmental Transparency Initiatives

ViewCast Corporation, www.viewcast.com – widely known as a sector leader, with command of the hardware and software to bring robust, high-quality video and digital media solutions to every level of connected intelligent devices from enterprise to broadband and mobile networks, revealed today that major hosted streaming media provider for government agencies, Swagit Productions, LLC, has selected the ViewCast Osprey® video capture cards and SimulStream® software to support the architecture of their streaming media services portfolio. President and CEO of VCST, Dave Stoner, cited the widespread initiative across all levels of government to transform the structure and “decision-making processes that shape…

WednesdayAug 11, 2010 3:12 pm

Li3 Energy (LIEG.OB) Acquires Major Chilean Nitrate-Iodine Resource

Li3 Energy, Inc., www.li3energy.com – the lithium mining and energy sector firm pursuing a strategy of identifying and obtaining a solid portfolio of lithium brine deposits in the Americas, reported execution of a stock purchase agreement (SPA) today with private equity funds (the Sellers) managed by Pacific Road Capital Management (PRCM) to acquire a Cayman-based company with 100% interest in the 6,670-acre Alfredo Project, a rich nitrate-iodine resource in northern Chile. Booming demand for lithium from both battery manufacturers and the emerging clean/green energy sector puts LIEG in prime market position to capitalize on its strategy. CEO of LIEG, Luis…

WednesdayAug 11, 2010 10:36 am

eDoorways Corp. (EDWY.PK) Takes On Diverse Global Client ISTEC

eDoorways Corp., the expanding social network dedicated to problem solving, has taken on its biggest client challenge to date. After months of preparation, eDoorways is now actively engaged in establishing a web-based collaborative platform for ISTEC (Ibero-Amercian Science & Technology Education Consortium). ISTEC is a non-profit institution formed in 1990 to encourage communication and cooperation to improve the quality of life in Ibero-America. (Ibero-America is a term used to refer to any countries in the Americas which were formerly colonies of Spain or Portugal.) As a consortium of over 100 universities serving a large part of an estimated 20 million…

WednesdayAug 11, 2010 9:13 am

Attunity Ltd. (ATTUF.OB) Posts Solid Q2 Results; Highlights Strategic Business Partnerships

Attunity Ltd., a leading provider of real-time data integration and event capture software, today posted its unaudited financial results for the second quarter ended June 30, 2010, reflecting annual growth and enhanced business relationships. For the second quarter of 2010, Attunity posted total revenues of $2.54 million, up 18 percent from $2.15 million reported for the second quarter of 2009. License revenue for the quarter was $1.13 million, compared to $0.89 million reported for the comparable quarter of last year. The company reported a non-GAAP operating profit of $317,000 for the second quarter of 2010, compared to $280,000 in the…

WednesdayAug 11, 2010 9:07 am

VirTra Systems (VTSI.PK) Posts Record Revenues as Sales Continue to Increase

VirTra Systems, Inc. released its second quarter numbers earlier this week which revealed more than 50% increases for both growth and profit as compared to the same quarter in 2009. The second quarter was the highest revenue-generating quarter in the Company’s history with sales in excess of $1.5 million, which represents a 57% increase over the same quarter in 2009. VirTra continues to grow internally to both facilitate and perpetuate the increased sales. Six new sales people have been hired recently, bringing the total number of employees to 29, and the Company is moving to a new, larger headquarters. The…

WednesdayAug 11, 2010 9:04 am

PolyMedix, Inc. (PYMX.OB) Completes Successful Study

One company that is starting to attract national attention is PolyMedix, Inc. Located in Radnor, Pennsylvania, PolyMedix is an emerging biotechnology company with their focus on developing new therapeutic drugs to treat acute cardiovascular disorders and infectious diseases. Today, PolyMedix announced they have successfully completed a Phase 1B/2 dose-ranging clinical study with PMX-60056 which is a synthetic small-molecule designed to reverse heparin and low molecular weight heparin (LMWH) anticoagulants. The data from the study indicated that PMX-60056 met the endpoints of the research regarding both the reversal of varying heparin levels as well as allowing re-anticoagulation and re-reversal. The data…

WednesdayAug 11, 2010 8:44 am

Autism’s New Hope

For a parent, it’s difficult to imagine a more distressing disease than autism, nor one that has caused more of an outcry for a remedy given its dramatic increase in diagnosis since the 1980s. Autism is a neural development disorder, greatly impairing the sufferer’s ability to communicate or interact socially. It affects the way nerve cells in the brain and their synapses connect and organize, often displaying signs before the age of two, robbing a child of normal parental or peer relations. There is a strong genetic basis to autism, but the exact nature of the mechanism is unclear. A…

WednesdayAug 11, 2010 7:47 am

XELR8 Holdings, Inc. (XELR.OB) Announces Name Change to Bazi International, Inc.

XELR8 Holdings, Inc., a provider of nutritional foods and beverages designed to help enhance physical health and overall performance, recently announced its corporate name change to Bazi International, Inc. since the name BAZI® has long been affiliated with the company as its principal product offering. The company’s common stock will remain listed on the OTC Bulletin Board under the current symbol XELR until new a symbol is assigned by Financial Industry Regulatory Authority. Once a new trading symbol is assigned, the company will make a public announcement along with the trading symbol’s effective date. The name change was completed via…

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