Blog - Page 3727 of 5670

MondayAug 09, 2010 7:18 am

3DIcon Corp. (TDCP.OB) to Present at SPIE Security & Defence 2010 International Symposium in France

3DIcon Corporation announced on Friday that the Company will present a paper entitled "A Technique for Flicker Reduction in a Volumetric Three-dimensional Display with a Static Image Space." They will present this to the SPIE Security & Defence 2010 International Symposium to be held in Toulouse, France, from September 20 to 23, 2010. SPIE'S conference is called Europe's largest and most prestigious security and defence event. Martin Keating, 3DIcon Corporation's founder and Chief Executive Officer, said, "We are honored to be selected to make this presentation. It will give us the opportunity to explain and discuss the improvements we have…

MondayAug 09, 2010 7:14 am

BIO-key International, Inc. (BKYI.OB) Announces Large-Scale Fingerprint Biometric Contract

BIO-key International, Inc., a developer of advanced identification solutions to commercial and government enterprises, integrators, and custom application developers, recently announced that the company was awarded another contract for a fingerprint biometric identity solution built on the fusion of BIO-key and MorphoTrak algorithms. This new contract will provide large scale advanced finger matching technology to an overseas customer. Mike DePasquale, BIO-key International’s chief executive officer, stated, “The selection of BIO-key technology for another large-scale fingerprint identity system is further validation of BIO-key's position as one of the premier suppliers of the industry’s most accurate and scalable fingerprint matching technology.” Mr.…

FridayAug 06, 2010 5:00 pm

Helix BioMedix Inc. (HXBM.OB) Posts Record Revenue for Q2 2010

Helix BioMedix Inc., a biopharmaceutical company focused on bioactive peptides and related patents, today posted its financial results for the second quarter ended June 30, 2010. Helix reported record revenue of approximately $330,000 in the second quarter of 2010, up 139 percent compared to approximately $138,000 in the same period a year ago. The company attributes the increase to growth in license fees and peptide and consumer product sales. "I am pleased to report the achievement of our record quarterly revenue as a result of strong growth across our licensing and peptide sales and continued strength in sales of Helix…

FridayAug 06, 2010 4:59 pm

Canadian Zinc Corp. (CZICF.OB) Posts Quarterly and Half-Year Results

Canadian Zinc Corp. today posted its financial results for the three and six months ended June 30, 2010. For the six months ended June 30, 2010, Canadian Zinc reported net income of $2.578 million compared to a loss of $1.019 million for the first half of 2009. For the second quarter ended June 30, 2010, the company reported a net loss of $4.661 million compared to a loss of $722,000 for the three months ended June 30, 2009. As at June 30, 2010, the company had cash and cash equivalents of $6.997 million, short-term investments of $1.126 million and marketable…

FridayAug 06, 2010 12:35 pm

TechPrecision (TPCS.OB) Receives Multi Million Dollar LOI from Emerging Tier 1 Clean Tech Firm

TechPrecision Corp. (www.techprecision.com) – a leading provider of custom machined/fabricated high-precision metallic products targeting growth industries like nuclear, aerospace, defense, medical and alternative energy, reported reception of a multi-million dollar Letter of Intent (LOI) and Project Engineering purchase order yesterday (Thursday, Aug. 5) for several hundred thousand dollars from an emerging publicly traded Tier1 energy/industrial firm. CEO of TPCS, James Molinaro, quickly pointed out how this agreement bolsters the Company’s already prolific position in the rapidly growing clean technology vertical, and adds yet another Tier-1 firm to the ever-expanding base of TPCS customers. The Company has really proven its ability…

FridayAug 06, 2010 12:35 pm

Zoom Telephonics (ZTMP.OB) Ships New Low-Cost Wireless-N Router

Zoom Telephonics, Inc. (www.zoom.com) – established provider of a wide variety of communications products ranging from 3G modems/routers and Bluetooth to VoIP gateways, ADSL/DSL, cable, and dial-up modems (under the recognized Zoom, Hayes and Global Village brands), reported the first volume shipments of their Zoom Model 4402 Wireless-N Router yesterday, Thursday, August 05. President and CEO of ZMTP, Frank Manning, detailed the superior value of the Model 4402 at only $39, and highlighted the way in which the 4402 joining the Company’s already vast suite of wireless-N offerings represents an important addition for better serving market demand. The 4402, like…

FridayAug 06, 2010 12:34 pm

Spectral Molecular Imaging (CSDT.OB) CEO Featured As Guest on MoneyTV This Week

Dr. Daniel L. Farkas, CEO of Spectral Molecular Imaging, a wholly-owned subsidiary of Cascade Technologies, appeared this week on MoneyTV, describing the company’s proprietary technology, and outlining Spectral’s plan for developing a line of optical imaging devices for the early detection of cancer, particularly melanoma. The application of the company’s proprietary spectral-optical imaging technology, originally developed for satellite reconnaissance, is expected to advance the diagnosis of cancer and precancerous conditions. Spectral is focused on non-invasive imaging systems for diagnostics, especially in the field of cancer pathology. Using high-resolution imaging, the devices can analyze certain tissue, cellular, and even molecular features,…

FridayAug 06, 2010 9:18 am

Wescorp Energy (WSCE.OB) Upgraded Mobile H2Omaxx Unit Increases Capacity to 10,000 Barrels per Day

Wescorp Energy Inc. is a clean water technology company focused on implementing its low-cost solutions into several industry markets. These markets include the oil and gas industry where the company's goal is to successfully treat hydrocarbon-contaminated water. The company announced today that it has upgraded the design and increased the capacity of its H2Omaxx mobile hydrocarbon water remediation unit currently in production. In March, Wescorp reported it had entered into an agreement with K-Line Trailers Limited for the design and construction of a mobile 3,000 barrel per day commercial grade H2Omaxx unit. However, now K-Line is building the next generation…

FridayAug 06, 2010 9:17 am

Forbes Medi-Tech Inc. (FMTI.OB) Enters into Amended Agreement with MHT, LLC (MHT Exercises Their Right to Match Pharmachem Offer)

Forbes Medi-Tech Inc. (the Company) announced that MHT, LLC has exercised their "right to match" in respect of the offer of Pharmachem Laboratories, Inc. to acquire substantially all of the assets of the Company (the "Pharmachem Offer"), as announced in the Company's news release of July 29, 2010. Forbes Medi-Tech has entered into an amended agreement with MHT, in connection with the exercise by MHT of their right to match the Pharmachem Offer. The purchase price payable by MHT for the purchased assets has undergone an increase from approximately US$1.4 million to US$1.76 million, in each case subject to inventory…

FridayAug 06, 2010 9:16 am

Lexicon United Incorporated (LXUN.OB) to Acquire Pathworks PCO of Florida

One company that is starting to catch the attention of investors on Wall street is Lexicon United Incorporated. Located in Austin, Texas, Lexicon has built a name for themselves as a diversified holding company whose holdings include companies that specialize in collections and credit recovery. Yesterday, Lexicon took a major step towards enhancing their future with the acquisition of Pathworks PCO of Florida, Inc. Pathworks has earned a stellar reputation as a provider of HD television, next generation internet access, and carrier –class telephone services which are delivered via state-of-the-art fiber to home networks. Pursuant to this Merger Agreement, Pathworks…

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