Blog - Page 3674 of 5434

TuesdayFeb 23, 2010 12:07 pm

Vicor Technologies, Inc. (VCRT.OB) Announces Collaborative Agreement with University in Ecuador

Vicor Technologies Inc. is a biotechnology company focused on the commercialization of innovative, non-invasive medical devices and diagnostics. These devices use the company's patented, proprietary PD2i nonlinear algorithm and software to stratify patients at risk of sudden cardiac death and autonomic nervous system dysfunction, and trauma victims in need of lifesaving intervention. The company's CEO, David H. Fater, announced today that Vicor has entered into a collaborative agreement with the Universidad San Francisco de Quito in Ecuador. The university is a non-profit liberal arts university and was the first totally private, self-financed university in Ecuador. It enjoys a first-class international…

TuesdayFeb 23, 2010 11:53 am

QRxPharma and China Aoxing Pharmaceutical Co. (CAXG.OB) Partner to Develop New Drug(s)

QRxPharma Limited (QRX), a pharmaceutical developer of central nervous system (CNS) disorder and pain management drugs with multiple products in early and late-stage clinical trials, and China Aoxing Pharmaceutical Company (CAXG), an established pharmaceutical company with the largest and most advanced manufacturing facility in China, announced a strategic alliance today. The two companies will work hand in hand to develop a new intravenous drug based on QRX’s proprietary oxycodone/morphine Dual-Opioid™ technology. The new drug, known as MoxDuo®IV, is designed for moderate to severe pain. Funding for development of the new drug will be provided by CAXG, which will then have…

TuesdayFeb 23, 2010 11:48 am

Capital Growth Systems, Inc. (CGSY.OB) Subsidiary to Manage Network as HeraMAX Launches Nationwide Wireless Solution

Global Capacity, Inc., a subsidiary of Capital Growth Systems, Inc., a worldwide leader in telecom logistics, announced today that the US-based wireless access provider HeraMAX has selected Global Capacity to support new product launches by acting as its designated network vendor of choice. The robust scalability offered by Global Capacity's fully-managed “One Marketplace” (OMP) platform offers a network solution for HeraMAX which constitutes unprecedented optimization and configurability, while reducing operating and access costs despite the greatly improved flexibility of the network’s route design. Founder and COO of HeraMAX Nathan Nelson was pleased with the selection of Global Capacity as solution…

TuesdayFeb 23, 2010 11:25 am

Beacon Equity Research Featured Company: General Environmental Management Inc. (GEVI.OB)

General Environmental Management Inc. is in the process of shifting its business focus from hazardous waste field services to the fast growing water treatment and waste-to-energy markets. Since its inception in 2002, the Company has grown at a compounded annual rate of 48% to generate annual revenues of $37M from only $2.3M. This strategic decision was made after an all inclusive analysis of GEVI's opportunity in the environmental management business. Although the company could work through the current economic downturn and build revenue in its field services business, they believe that shareholders will be rewarded by moving the company into…

TuesdayFeb 23, 2010 11:21 am

Beacon Equity Research Featured Company: TapImmune, Inc. (TPIV.OB)

TapImmune, Inc. is a biotechnology company focused on developing innovative therapeutics and vaccines in the areas of oncology and infectious disease. The company’s lead product, the TAP vaccine, is a key component of a mechanism that moves characteristic markers called antigens to the surfaces of cells. Without TAP, there is a large reduction in presentation of cancer markers, making it impossible for the immune system to spot rogue cells and cancerous cells, allowing them to grow undetected. The company’s vaccine has demonstrated its effectiveness in restoring TAP which in-turn restores and augments the characteristic marker (antigen) and subsequent recognition and…

TuesdayFeb 23, 2010 10:11 am

Stock Guru Featured Company: Xcelplus Global Holdings, Inc. (XPGH.PK)

XcelPlus Global Holdings, Inc. is focused on developing and producing Federally Compliant Biomass Based Renewable Fuels for the light, medium and heavy industries. The company’s strategic partners leverage years of experience to create cost-effective renewable biomass and renewable synthetic biomass fuel products. In the near future, green house gas emissions, carbon emissions and particulate matter emissions will affect almost every major manufacturer in the U.S. XcelPlus Global’s solution is to implement clean renewable biomass derived fuel as a strategic reduction option. XcelPlus Global is currently building market dominance in the heavy construction industries while simultaneously exploring opportunities in the food…

TuesdayFeb 23, 2010 10:01 am

AlumiFuel Power, Corp. (AFPW.OB) Subsidiary Produces Breakthrough Technology Enhancement

AlumiFuel Power Inc. is a company that is starting to catch the attention of investors. A wholly-owned subsidiary of AlumiFuel Power Corporation, AlumiFuel Power Inc. (API) has earned reputation as a top early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications. Today, the Philadelphia, Pennsylvania based API made an announcement that may set the tone for the future of the young company and capture the attention of investors on Wall Street. API announced it has developed a formulation which rapidly terminates its hydrogen-generating reaction of aluminum with water, facilitating its development and commercialization…

TuesdayFeb 23, 2010 9:57 am

Optex Systems Holdings, Inc. (OPXS.OB) Announces Commitment Letter for $2 Million Credit Facility

Optex Systems Holdings, Inc., a leading manufacturer of optical sighting systems and assemblies, primarily for Department of Defense applications, recently announced that the company has entered into a commitment letter with Peninsula Bank Business Funding. Under the terms of the agreement, Peninsula Bank Business Funding will provide a one-year, senior-secured $2 million asset-based line of credit to Optex Systems Holdings, Inc. Upon execution of definitive documents, Peninsula Bank Business Funding will provide advances to Optex Systems Holdings at varying advance rates based upon eligible accounts receivable. Optex Systems plans to use the funds to finance its working capital requirements and…

MondayFeb 22, 2010 8:18 pm

CitySide Tickets, Inc. (CIST.PK) Announces LOI to Acquire International Entertainment Broker

CitySide Tickets, Inc., owner and operator of www.CitySidetickets.com, a nationwide event ticket purchasing venue that caters to a diverse selection of popular theater, music, and sporting events, today announced after the closing bell that it has signed a Letter of Intent with StadiumTickets.com, an international entertainment and event ticket broker exchange. Terms of the agreement include a 100% ownership in the StadiumTickets.com by CitySide Tickets, Inc. The lucrative secondary ticket market has completely transformed since the mid-1990’s. Commonly known as “Scalpers,” tradesmen of the illegal ticket trade can still be heard outside stadiums and concerts. But the days of the…

MondayFeb 22, 2010 4:02 pm

American National Insurance Company (ANAT) Reports Fourth Quarter Profit

American National Insurance Company reported net income of $34.9 million, or $1.31 per diluted share, for the fourth quarter of 2009. This compared to a loss of $65.0 million, or $2.46 per diluted share, in the same quarter of 2008. American National Insurance Company said that last year’s loss was caused by “other-than-temporary impairments” in its investment portfolio and catastrophe losses in the Property and Casualty Segment. American National Insurance Company benefited from a strong recovery in the financial markets, and reported $20.2 billion in total assets at December 31, 2009, a 9.6% increase from 2008. The company’s book value…

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