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WednesdaySep 01, 2010 3:15 pm

Kenexa Corp. (KNXA) Announces Agreement to Acquire Salary.com

Kenexa Corp. is a global provider of business solutions for human resources. The company today announced that it has entered into an agreement for the purchase of Salary.com (NASDAQ: SLRY) in an all-cash tender offer of $4.07 per share, or approximately $80 million. Salary.com provides on-demand compensation software that helps businesses and individuals manage pay and performance. The company is the industry leader in market pricing and has the best-in-class compensation analysis software that helps clients benchmark, compensate and reward its employees. The proposed transaction has been approved unanimously by the board of directors of both companies and is expected…

WednesdaySep 01, 2010 1:31 pm

US Natural Gas Corp (UNGS.OB) Expands Acreage in W. Virginia

US Natural Gas, www.usnatgascorp.com – the independent energy firm focused on the acquisition of mature, long-lived oil and natural gas resources, reported acquisition of 120 acres of mineral rights in W. Virginia’s Wayne County today. With its primary sites in Kentucky and West Virginia’s Appalachian Basin, the Company’s acquisition in the Lincoln District (Radnor Quad) of Wayne County is surrounded by several proven and highly productive wells drilled to an average of 5k feet and bearing no significant explorative efforts to date. President of UNGS, Wayne Anderson, commented on the addition of acreage in West Virginia and noted the particularly…

WednesdaySep 01, 2010 1:29 pm

GreenHouse Holdings, Inc. (GRHU.OB) Partners with PepsiCo® To Upgrade Energy Efficiency

GreenHouse, www.greenhouseintl.com – the San Diego-based sustainable solutions provider with a global reach and a broad technology footprint which spans energy, infrastructure and biofuel, disclosed details today regarding a partnership with PepsiCo® to upgrade energy efficiency at Pepsi’s Buena Park bottling plant. GreenHouse will act in its capacity as a qualified service provider of Southern California Edison's (SCE) Automated Demand Response (Auto-DR) program, utilizing the Auto-DR system to reduce power consumption during costly peak hours while allowing PepsiCo to reduce operating costs and thus also receive financial incentives from SCE. Customers of SCE using the Auto-DR program participate in an…

WednesdaySep 01, 2010 1:00 pm

CanAlaska Uranium Ltd. (CVVUF.OB) Appoints Investor Relations Firm

CanAlaska Uranium Ltd. is undertaking uranium exploration in twenty 100%-owned and three optioned uranium projects in Canada's Athabasca Basin, which is known as the “Saudi Arabia of Uranium”. Since September 2004, the company has aggressively acquired one of the largest land positions in the region, comprising over 3,900 square miles. The company announced today that it has retained CHF Investor Relations (Cavalcanti Hume Funter Inc.), a well-established Canadian investor relations firm. The investor relations services agreement, effective September 1, 2010, is for a term of up to 12 months. It is subject to a satisfactory performance review at the end…

WednesdaySep 01, 2010 12:58 pm

iBio, Inc. (IBPM.OB) Teams up with Two Strong Industry Players to Develop and Market Biopharmaceutical Solutions

Biopharmaceutical company iBio Inc. is commercializing its proprietary iBioLaunch(TM) platform to produce biologics including vaccines and therapeutic proteins. The company today announced that it has entered into a joint agreement with its development collaborator Fraunhofer USA Center for Molecular Biotechnology (CMB), and GE Healthcare, a unit of General Electric Company (NYSE: GE), to collaboratively develop and globally market manufacturing solutions for biopharmaceuticals and vaccines based upon their respective proprietary technologies. Financial terms of the agreement were not disclosed. The initiative combines GE Healthcare's capabilities and worldwide presence in life sciences, iBio's iBioLaunch plant-based vaccine and therapeutic protein manufacturing platform, and…

WednesdaySep 01, 2010 10:08 am

Kore Nutrition (KORE.OB) Retains LBM Sales to Market and Distribute ALL IN Beverage Product Line

Kore Nutrition Inc. and its wholly owned subsidiary Go All In Inc. today announced their business partnership with LMB Sales Inc., in which LBM will represent and market ALL IN’s non-alcoholic beverage products throughout the Western United States. LBM will serve as one of Kore's initial key distributors. The California-based marketing and distribution company has a network of established relationships with some of the largest and most well-known retail distributors in the U.S. and has a successful track record of attracting new retail clients. Kore said it will first target major retail store chains such as Kroger, Walgreens, 7-Eleven, Costco…

WednesdaySep 01, 2010 10:05 am

China Interactive Education, Inc., (CIVN.OB) Announces Appointment of New Chief Financial Officer

China Interactive Education, Inc., a pioneer in providing interactive teaching and learning solutions to China 's educational institutions, professional training schools, and individuals, recently announced that the company has appointed Mr. Hon Wan Chan as chief financial officer, effective September 1, 2010. Mr. Chan replaces Mr. Ting Pong Cheung, the former chief financial officer, who resigned on August 31, 2010, for personal reasons, and not in connection with any disagreement with the company. With more than 25 years of experience in overseeing accounting and finance matters for emerging market companies, Mr. Chan earned his master’s degree in accounting from the…

WednesdaySep 01, 2010 9:17 am

Consorteum Holdings, Inc. (CSRH.OB) Successfully Deploys Payment Cards Pilot Program for First Nations

Consorteum Holdings, Inc. was pleased to announce this morning that on July 27, 2010, its client, First Nations Financial Services ("FNFS"), deployed its first pilot program of MasterCard benefits cards. As previously agreed to, FNFS funded the expenses of the pilot, which was launched with the Madawaska Maliseet First Nation Community, in Edmundston, New Brunswick, Canada. Targeted at the community's administration group, the pilot will provide valuable data for expansion of the program. According to the press release, Consorteum Holdings will launch a multi-location pilot rollout in the next 2-3 months subject to the success of the pilot and to…

WednesdaySep 01, 2010 8:25 am

Accuray Inc. (ARAY) Reports Q4 FY2010 Financial Results

Accuray Inc. reported strong increases in sales and net income on a year over year basis in the fourth quarter of fiscal 2010, ending 6/30/2010. The company reported net income of $5.0 million, or $0.08 per diluted share, in the fourth quarter of fiscal 2010, compared to net income of $1.2 million, or $0.02 per diluted share, in the same quarter in fiscal 2009. Accuray reported a 5% increase in sales in the fourth quarter of fiscal 2010. The company had sales of $61.8 million in the quarter, compared to sales of $58.8 million in the final quarter of fiscal…

WednesdaySep 01, 2010 8:22 am

Yasheng Group (YHGG.QB) Starts Trading Common Stock on OTCQB Stock Market

The Yasheng Group is a young entity that has started to establish a name for their company among investors. Located in Redwood City, California, the Yasheng Group is a diversified agriculture conglomerate with their core business focused on hi-tech agriculture which takes advantage of Yasheng’s use of extensive fertile lands in China. Today, the Yasheng Group took a major step towards prominence with the announcement their common stock will be traded on the OTCQB Stock Market. This move by Yasheng is a prime indicator the corporation may move to a senior U.S. securities exchange in the future as the company’s…

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