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MondayJan 25, 2010 12:37 pm

NanoViricides Inc. (NNVC.OB) Major Shareholder Completes Programmed Share Sale; Appropriates Proceeds

NanoViricides Inc. is a development stage company focused on creating nanomaterials for viral therapy, including drug candidates for H1N1 swine flu, H5N1 bird flu, seasonal Influenza, HIV, oral and genital Herpes, and other viral diseases. The company today announced that TheraCour Pharma Inc., NanoViricide’s major shareholder, completed its programmed sale of shares of NanoViricide in December 2009. In the press release, the company said the programmed sale under Securities and Exchange Commission Rule 10b5-1 was authorized and initiated in February, 2009. TheraCour plans on using the proceeds to improve its laboratories, which will allow for larger production space for upcoming…

MondayJan 25, 2010 12:35 pm

Arrayit Corp.’s (ARYC.OB) Proteomic Biomarkers to Enable Pre-Symptomatic Ovarian Cancer Testing

Arrayit Corp., the Sunnyvale, California-based developer of life science technologies, proudly announced today the capacity for the first time ever for a genuine, pre-symptomatic diagnostic methodology for Ovarian Cancer via the Company’s proprietary OvaDx™ proteomic biomarker. The biomarker field is a complex one, wrought with a certain amount of confusion as a result. One issue of contention right now is where the biomarkers derive from. Typically, biomarkers are taken from tumors in patients who already have cancer, but ARYC’s patented methodology allows for first-time-ever pre-symptomatic diagnosis, taking biomarkers not from tumors but from the patient’s own immunological response to preliminary…

MondayJan 25, 2010 11:52 am

Entech Solar, Inc. (ENSL.OB) Debuts New Entech™ Tubular Skylight

Entech Solar, Inc., the Fort Worth Texas-based manufacturer of renewable energy technology and daylighting innovations, revealed today the debut of a new step towards a greener world with the release of the Entech™ Tubular Skylight. This new design is based on ENSL’s patented Solar Collimator™ technology, which affords several distinct and beneficial features over existing skylights, including: the aperture light collector is able to gather and redirect light from all parts of the sky with unparalleled efficiency; the collimating section reduces reflections and thus increases output while allowing for highly directional lighting; and diffusers produce a smooth, full-spectrum illumination profile…

MondayJan 25, 2010 10:51 am

AUXILIO, Inc. (AUXO.OB) and Sodexo Partner Up to Service Managed Print Services Contract

AUXILIO, Inc., the pioneer in managed print services for health care, and Sodexo, a leading global provider of Quality of Life Service Solutions, today announced a contract with Palisades Medical Center, a North Bergen, New Jersey based hospital. The contract provides for the execution of the AUXILIO unique managed print services program for the hospital which serves 400,000 people in Hudson and Southern Bergen Counties. AUXILIO and Sodexo entered into the first partnership of its kind to work together to support cost-cutting, operational efficiency and environmental sustainability initiatives in print management for Palisades Medical Center. “Palisades Medical Center is looking…

MondayJan 25, 2010 10:30 am

Intelligent Communication Enterprise Corp. (ICMC.OB) Acquires Solesys S.A.

Intelligent Communication Enterprise Corp. announced this morning that it has acquired all of the outstanding shares of Solesys S.A. Based in Switzerland, Solesys has developed next-generation solutions for the premium mobile market. According to the press release, Solesys was acquired for US $9.6 million in Intelligent Communication stock. "Solesys has technology that has the potential to revolutionize the mobile marketing world. It will be a great complement to our mobile marketing subsidiary Radius-ED. In addition, Solesys' next-generation platform can be immediately implemented in our other divisions," stated Luther Jao, Intelligent Communication CEO. "This acquisition of Solesys and its next-generation platform…

MondayJan 25, 2010 10:22 am

Titan Energy Worldwide, Inc. (TEWI.OB) Subsidiary to Service 52 Major Retail Stores

Titan Energy Worldwide, Inc. announced today shortly before the opening bell that Grove Power, Inc., its Florida-based subsidiary, has been chosen to service the power generation equipment for 52 new stores in Florida of a national "big box" retailer. Including this new addition, Titan Energy now services 153 of this retailer's stores, including 101 facilities located in the Midwest. Thomas Black, Chief Operating Officer of Titan Energy, stated, "The award of these fifty-two new stores to our Grove Power service program is a strong validation of Titan Energy's growing national reputation in the power generation industry and shows the strength…

MondayJan 25, 2010 10:09 am

Gastar Exploration Ltd. (GST) Announces Results from Its First Vertical Marcellus Well

Gastar Exploration Ltd., an exploration and production company focused on finding and developing natural gas assets in North America, recently announced the results from its first vertical Marcellus well, the James Yoho #1. The well has been tested at a stabilized gross rate of 1.5 million cubic feet of natural gas per day and 120 barrels of condensate per day. These results were generated with no water production and approximately 1000 psi of flowing tubing pressure. Gastar Exploration holds a 100 percent working interest (81.5 percent net revenue interest) in the well and has acquired approximately 36,000 net acres in…

MondayJan 25, 2010 8:42 am

Medical Care Technologies, Inc. (MDCE.OB) Completes Tele-Health Suite Technology

Friday, Medical Care Technologies Inc. announced the completion of its Tele-Health™ Suite 6.17 technology designed to treat congestive heart failure (CHF). CHF home patients can use the Tele-Health technology to remotely answer health related questions; the process is supplemented with medical parameters including blood pressure and weight. Data analysis is performed automatically by Tele-Health™ Suite and then sent and reviewed by a healthcare professional. A study by the Department of Community and Family Medicine, School of Public Health, Faculty of Medicine, and Chinese University of Hong Kong found that coronary heart disease accounts for 22% of cardiovascular deaths in urban…

MondayJan 25, 2010 8:37 am

Signature Exploration and Production Co. (SXLP.OB) Releases Information on Oil Fields

Signature Exploration and Production Corp. recently released information regarding its Koliba Prospect oil fields in Victoria County, TX. In the Koliba Prospect, which is a 173-acre lease, the company has identified three significant target zones. The Koliba Prospect will be drilled 250 feet from an existing large producing well, and is considered a low risk / high reward prospect due to its proximity to previous wells. According to the Texas Railroad Commission, the Placedo, Heyser, McFaddin, Hog Bayou and E. Sheriff fields (all contained in the Project) have produced approximately 159 million barrels of oil and 1.8 trillion cubic feet…

MondayJan 25, 2010 8:33 am

White Mountains Insurance Group, Ltd. (WTM) Subsidiary to Buy Small Nebraska Insurance Company

Last week, White Mountains Re Ltd. announced that it has signed a definitive agreement to purchase Central National Insurance Company of Omaha for $5 million. The seller was Drum Financial Corporation, which has been operating the insurance company since 1990 under an order by the Nebraska Department of Insurance Allan Waters, the CEO of White Mountains Re, said, “We are very pleased by the terms of this transaction put together by the White Mountains Re Solutions team. Although modest in size, this transaction continues our long history of building shareholder value through acquisitions of runoff insurance and reinsurance companies.” Central…

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