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WednesdayJun 09, 2010 8:24 am

Madison Avenue Media, Inc. (KHZM.OB) Acquires ProMark Data and Media Group’s Capital Stock

Yesterday, digital media resource provider Madison Ave. Media, Inc. announced that the company has acquired 100% of ProMark Data and Media Group’s capital stock. The acquisition occurred via a share-for-share transaction. Madison Ave. Media (formerly Kahzam Inc.) owns and delivers an integrated matrix of business and proprietary digital media resources designed to generate significant revenue and returns. Madison Ave’s multidisciplinary executive and management teams include business experts with the requisite vision, diversity, focus and experience to deliver prompt and successful results for itself and its clients. Acquiring ProMark is a step towards consolidating the best assets of each company. ProMark,…

WednesdayJun 09, 2010 8:23 am

Artificial Life, Inc. (ALIF.OB) Announces the Launch of Green Cortex, Inc.

Artificial Life, Inc., a pioneer in artificial intelligence and mobile technology, recently announced that the company has established a new subsidiary to develop more mobile business applications and sustainability products for the booming green IT business. Green Cortex, Inc., the new business entity based in Hong Kong, will assist companies in minimizing their global carbon footprint and energy consumption. The new website of Green Cortex, Inc. can be found at: www.green-cortex.com. Some of the planned products of Green Cortex include a Community Cortex that targets the general mobile and Internet markets and offers a range of green web and smart…

WednesdayJun 09, 2010 8:23 am

New York & Company, Inc. (NWY) Reports Lower Guidance For The Second Quarter

New York & Company, Inc. announced that the company’s expected loss for the second quarter of fiscal 2010 would be higher than was predicted at the previous guidance update given in May 2010. New York & Company, Inc. said that the bigger loss was due to current trends of flat comparable store sales, higher promotional discounting and higher operating expenses, including buyer and occupancy costs. The company also expects selling, general and administrative expenses to increase by 300 basis points due to greater investment in the store base. New York & Company, Inc. reported a net loss from continuing operations…

WednesdayJun 09, 2010 8:23 am

Oxford Industries, Inc. (OXM) Reports Strong Increase in First Quarter Net Income

Oxford Industries, Inc. reported net income of $12.5 million, or $0.76 per diluted share, in the first fiscal quarter ending 5/1/2010. The company earned net income of $6.6 million, or $0.42 per diluted share, in the same quarter of 2009. Oxford Industries, Inc. reported revenues that were approximately flat on a year over year basis. The company reported revenues of $217.8 million in the first quarter of fiscal 2010, compared to revenues of $216.7 million in the first quarter of fiscal 2009. Oxford Industries, Inc. felt confident enough in its results to raise guidance for the full fiscal year. Management…

WednesdayJun 09, 2010 7:44 am

Micro Identification Technologies, Inc. (MMTC.OB) Led By Experienced Management Team

Micro Identification Technologies Inc. is a development stage company whose objective is to become a global leader in developing and marketing rapid systems and processes that detect and identify microbial organisms. The company has developed a quick, cost-effective way to identify 23 different species of pathogenic bacteria, just mere minutes after completed culturing. It's all done by laser light that is scattered off bacteria cells suspended in water, creating light patterns that are unique for each bacteria species. For more information on the company, please visit www.micro-imaging.com. As with any other up-and-coming company, a top-notch management team will be key…

TuesdayJun 08, 2010 3:51 pm

Amarok Resources, Inc. (AMOK.OB) Provides Shareholders with Corporate Update

Amarok Resources, Inc., based in Rancho Santa Margarita, CA, announced today a corporate update for their shareholders. Amarok, which underwent a name change and business restructuring earlier this year, is an exploration and development company focused on the acquisition and development of gold and silver projects which demonstrate high probability for near term production. Amarok was formerly known as Ukragro Corporation from October 2008 through Septemeber 2009 when it changed its name to Windsor Park Forex, Inc. in anticipation of a business opportunity that did not progress. On January 29, 2010, the Company again filed an amendment to its articles…

TuesdayJun 08, 2010 3:10 pm

Wellstar International, Inc. (WLSI.OB) Subsidiary Updates on Development of New Clinical Imaging System

Wellstar International Inc. subsidiary Trillenium Medical Imaging (TMI) today announced the development of its new clinical imaging system. The company said the camera design and technology used in clinical trials to detect patterns of injury associated with the development of pressure ulcers demonstrated that the patterns were detected before being clinically visible remains the same. However, additional features and benefits leverage the imaging as a solid solution for healthcare facilities concerned with patient safety and looking for ways to reduce pressure ulcer occurrence. John Antonio, president and CEO of TMI, said that TMI can integrate the camera into existing health…

TuesdayJun 08, 2010 2:20 pm

Simulated Environment Concepts, Inc. (SMEV.PK) SpaCapsule Sees Increased Adoption by Medical Practices for its Powerful De-Stressing Capabilities

Simulated Environment Concepts, Inc., SpaCapsule.com – developers of the innovative SpaCapsule® de-stressing aqua massage device which stands to revolutionize stress-related aspects of medicine and also offers businesses a powerful new way to attract tons of wellness-minded consumers, is quickly becoming a staple of major nodes in the network of businesses that make up the medical market: • Cellulite Reduction and Weight Loss • Chiropractic Offices • Dental Spas • Massage for Cancer Patients • Massage Therapist Offices (similar to Massage Envy Franchise) • Medical Spas • Nursing Homes (halting/remediating Decubitus Ulcers/Bed Sores) • Physical Therapy or PT Offices • Plastic…

TuesdayJun 08, 2010 2:09 pm

Spare Backup Inc. (SPBU.OB) Partners with Catch Media to Create Portable Virtual Music Library Service

Spare Backup, www.sparebackup.com – masters of redundant data backup services for everyone from consumers to mid-sized businesses, disclosed plans today regarding the new strategic partnership with Catch Media, Inc. to embed their robust Play Anywhere® platform into SPBU’s architecture, effectively allowing users to play their backed up media via any networkable device, especially mobile phones. Consumers can now access their media seamlessly across devices. This amazing new service enabled by Play Anywhere technology constitutes a paradigm shift which takes advantage of the best ideas from cloud computing and IT infrastructure capability to produce a truly 21st century, platform-agnostic solution for…

TuesdayJun 08, 2010 2:02 pm

Energy XXI Ltd. (EXXI) Declares $1.81 Dividend, Maintains its Solid Base of Producing Off-shore Wells

It is often easy to run away from an investment when a particular segment is facing uncertain times. It is, however, just as easy to run toward that sector when others are fleeing if a longer time horizon is involved. The Gulf of Mexico oil spill is a case in point. There is little doubt that the United States needs deep water drilling and the oil it yields, meaning that those that drill the oil are not going to go away for some time regardless of the current circumstance. Recent events may depress stock prices in the short term, but…

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Madison Avenue Media, Inc. (KHZM.OB) Acquires ProMark Data and Media Group’s Capital Stock

Artificial Life, Inc. (ALIF.OB) Announces the Launch of Green Cortex, Inc.

New York & Company, Inc. (NWY) Reports Lower Guidance For The Second Quarter

Oxford Industries, Inc. (OXM) Reports Strong Increase in First Quarter Net Income

Micro Identification Technologies, Inc. (MMTC.OB) Led By Experienced Management Team

Amarok Resources, Inc. (AMOK.OB) Provides Shareholders with Corporate Update

Wellstar International, Inc. (WLSI.OB) Subsidiary Updates on Development of New Clinical Imaging System

Simulated Environment Concepts, Inc. (SMEV.PK) SpaCapsule Sees Increased Adoption by Medical Practices for its Powerful De-Stressing Capabilities

Spare Backup Inc. (SPBU.OB) Partners with Catch Media to Create Portable Virtual Music Library Service

Energy XXI Ltd. (EXXI) Declares $1.81 Dividend, Maintains its Solid Base of Producing Off-shore Wells

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