Blog - Page 3773 of 5525

TuesdayFeb 16, 2010 11:14 am

Cellceutix Corp. (CTIX.OB) Completes Successful Meeting with FDA for Cancer Drug

Cellceutix Cop. is a bio-pharmaceutical company that develops small molecules to treat cancer and inflammatory disease. The company announced today that it has completed a successful pre-investigational new drug exemption (pre-IND) meeting with the US Food and Drug Administration (FDA) for its lead compound, Kevetrin, which is being developed to treat drug resistant cancers. The company has the remaining pre-IND animal studies for Kevetrin underway. These studies consist of intermediate-term toxicity studies in two species and safety pharmacology studies in the cardiovascular, central nervous system and respiratory areas. In these animal studies, Kevetrin was found to significantly delay tumor growth…

TuesdayFeb 16, 2010 10:19 am

NetSol Technologies, Inc. (NTWK) – The Changing World Of Business Services

The business services and enterprise software industry is facing more challenges than ever before. Several years of global financial pressure, along with intensifying competition and acquisitions, has changed the industry skyline, leaving once strong and independent companies either gone or gobbled up. Nevertheless, it’s the hope of many that all of the pain now being experienced will ultimately result in more efficient, cost effective, and technologically creative system and service offerings. The primary reason for the existence of business service and enterprise software companies is the increasing complexity of the environment in which businesses must operate. Gone are the days…

TuesdayFeb 16, 2010 9:05 am

L & L Energy, Inc. (LLEN.OB) Makes Major Move with Approval for Listing on NASDAQ Global Market

One company that is on the rise is L & L Energy, Inc. Located in Seattle, Washington and incorporated in Nevada, L & L is a successful coal-mining that was founded in 1995. The young company has placed their focus on serving the energy market in China and has been very successful through its subsidiaries. Today, L & L took a major step towards enhancing their future with the announcement that they have been approved for listing on the NASDAQ Global Market. The move to the NASDAQ Global Market is a sign that L & L could evolve into a…

TuesdayFeb 16, 2010 9:03 am

Neah Power Systems, Inc. (NPWZ.OB) Announces Acquisition of CyVolt Energy

Neah Power Systems, Inc., a developer of fuel cell-based renewable energy solutions for the military, industrial and consumer applications, recently announced that the company has secured an agreement with CyVolt Energy Systems to acquire all of its technology and assets. The cost of the acquisition will be included in the company’s recently announced financing, which allocates funds for Neah Power Systems to acquire businesses that are expected to provide positive cash flows in the near term. Neah Power Systems intends to introduce a hybrid fuel cell technology that recharges lithium ion batteries to the retail market within four to six…

TuesdayFeb 16, 2010 8:59 am

Ft. Lauderdale Airport to use Innovative PASSUR Aerospace (PSSR.OB) Technology

Friday, PASSUR Aerospace, Inc. announced that it has entered into a contract with Fort Lauderdale Executive Airport (FXE) for the use of a collaborative version of PASSUR® AirportMonitor™, the industry's leading airspace education tool for airport communities. FXE, a longtime user of PASSUR software, has used the company’s products for its noise-monitoring program and aircraft identification. "PASSUR AirportMonitor strengthens our relations with our neighboring communities, creating the trust that comes from transparent and accurate information," said Clara Bennett, Airport Manager, Fort Lauderdale Executive Airport. "It represents great progress in the evolution of airport communication, collaboration and coordination - both operationally…

TuesdayFeb 16, 2010 8:56 am

NorthWestern Energy (NWE) Reports Strong 2009 Net Income

NorthWestern Energy Corp. reported net income of $25.6 million, or $0.70 per diluted share, for the fourth quarter of 2009. This was up from the $21.2 million, or $0.59 per diluted share, reported in the fourth quarter of 2008. Operating income for the fourth quarter was $49 million, down from the $51 million in 2008. Bob Rowe, the CEO of NorthWestern Energy, said, “While our 2009 net income improved compared with 2008, we recognize that our operating income decreased due primarily to an increase in operating costs related to a reduction in insurance recoveries and litigation settlements, increased insurance reserves…

TuesdayFeb 16, 2010 8:45 am

eDoorways Corp. (EDWY.PK) Yields Unanticipated Benefits from Strategic Launch Strategy

The eDoorways Corporation asserts that calculated risk will lead to huge dividends for the web-based consumer problem-solving gateway, lifestyle information source, and online business-to-consumer marketplace provider. Retaining the initial observations of the Beta v1.0 release, the company is now poised to deliver a more powerful product offering than originally contemplated. "The launch of SOLVE Beta v1.0 afforded us much greater value than expected," stated Mr. Gary Kimmons, Chairman & CEO of the eDoorways Corporation. "The overwhelming response received provided us with invaluable information about our ultimate vision for eDoorways -- the design, functionality and purpose of the entire platform and…

FridayFeb 12, 2010 2:43 pm

Liberator Medical Holdings Inc. (LBMH.OB) Reports Impressive, Record Results for Fiscal Q1

Liberator Medical Holdings Inc. posted record results for its fiscal first quarter ended December 31, 2009, reporting an impressive 70-percent revenue increase. The company’s revenue primarily comes from its general medical supplies products for personal mobility aids, diabetes, urological, ostomy and mastectomy patients, which can be purchased via phone, mail or Internet. Revenues for the three months ended December 31, 2009 rose 71.4 percent to $9.15 million, compared to $5.34 million the same period of 2008, fueled by the company’s direct-response advertising campaign targeting new mail order customers. The cost of advertising for the three months was $2.03 million, up…

FridayFeb 12, 2010 1:39 pm

Augusta Resource Corp. (AZC) Announces Precious Metals Agreement Signed with Silver Wheaton

Augusta Resource Corp., the base metals company developing the Rosemont deposit near Tucson, Arizona which has an estimated 2012 capacity of 10% of US copper output, announced yesterday the signing of a definitive agreement with Silver Wheaton Corporation for 100% of the payable silver and gold produced at Rosemont. With final permits slated for 4Q 2010, and an estimated production capacity of 2.4M ounces of silver and 15,000 ounces of gold per year, and with a lifespan of 20 years according to the 2009 Rosemont Updated Feasibility Study, Rosemont’s rich copper/molybdenum reserves offer a sustainable profit margin for the foreseeable…

FridayFeb 12, 2010 1:36 pm

NXT Nutritionals Holdings, Inc.’s (NXTH.OB) SUSTA™ Now Available at Gristede’s Supermarkets

NXT Nutritionals Holdings, Inc., the Holyoke, Massachusetts-based developer of SUSTA™ Natural Sweetener (the “Product”), a proprietary and healthy alternative to sugar and synthetic or chemical sweeteners, announced today that the Gristede's Supermarkets, which have been feeding New Yorkers for over 100 years, have selected the Product’s 50 Packet Box item to be featured throughout Gristede's 50 locations in Manhattan, Westchester and Long Island. President and CEO of NXTH Michael McCarthy welcomed Gristede's, which he called a “New York institution”, as yet another major supermarket chain in the Northeast to offer its customers the all-natural SUSTA alternative. SUSTA™ Natural Sweetener is…

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