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ThursdayNov 05, 2009 11:21 am

Galaxy Gaming, Inc. (GLXZ.OB) Announces Third Quarter Highlights

Today, Galaxy Gaming, Inc. announced that it has filed its third quarter operating results. Separately, the company also announced that it recently completed private equity fundraising. In a private placement of its securities, the company originally intended to raise $400,000. Due to investor demand, the offering was oversubscribed and the Company raised $600,000. The offering is now closed. Galaxy Gaming also took the opportunity to announce some of their third quarter highlights. The company reported a 47% growth in third quarter revenues, from last year's data of $533,375 to 2009's $782,493. The growth marks a new company record. Additionally, gross…

ThursdayNov 05, 2009 11:18 am

ClearOne (CLRO) Acquires NetStreams, Inc. in Million Dollar Transaction

Leading audio conferencing solutions provider, ClearOne, announced today that it has acquired NetStreams, Inc. Headquartered in Austin, Texas, privately-held NetStreams has approximately 20 employees and will continue to operate from its current location. NetStreams' 2009 revenues are anticipated to be in excess of $5 million. NetStreams is a global leader in digital media networks. Its IP technology appears in a wide variety of applications, including digital signage, corporate video distribution, network operations centers and government facilities. It can also be found in large venues such as the hospitality, entertainment and casino industries. NetStreams' digital streaming media and control systems support…

ThursdayNov 05, 2009 11:16 am

Omnicity Corp. (OMCY.OB) Sees Clear Path to Rapid Growth

Omnicity Corp wants to be rural America’s premier telecommunications and broadband Internet Service Provider. The company has developed a business model that has proven successful in thousands of rural Indiana homes, providing high-speed Internet service on a mass basis at a lower cost and more efficiently than wire or fiber optic solutions. With this model in hand, Omnicity is now growing rapidly through acquisitions with the goal of capturing the underserved and unserved rural and small town markets throughout America. The majority of rural homes do not yet have access to broadband service. Cable is often unavailable, and DSL service…

ThursdayNov 05, 2009 9:36 am

Echo Therapeutics, Inc. (ECTE.OB) Announces Clinical Study for New Glucose Monitoring Product

Echo Therapeutics, Inc., a diabetes management company developing a new needle-free Glocose Monitoring System, reports starting a new a clinical study of its Symphony(TM) Transdermal Continuous Glucose Monitoring product. The (tCGM System) study includes patients with Type 1 and Type 2 diabetes. The purpose of the study is to test the performance of its new one-piece, cost-effective biosensor. Echo expects to announce completed results of the study by the fourth quarter of 2009. Echo's pilot clinical study will enroll patients that have either type 1 or type 2 diabetes and will compare data obtained from its Symphony tCGM System with…

ThursdayNov 05, 2009 9:33 am

Qualsec’s (QLSZ.OB) Wholly Owned Subsidiary Signs West Coast Distribution Agreement with CaboChips in Major Retail Chains

Qualsec recently announced that VitaminSpice has secured an agreement with Cabo Foods Inc. Under the terms of the agreement, VitaminSpice’s vitamin-enhanced spices will be introduced to Cabo Foods’ West Coast distribution networks and major retail chains. VitaminSpice is a pioneer in the emerging foodceutical industry selling sells vitamin-, mineral- and antioxidant-infused spices and food products. As a leading gourmet chip manufacturer, Cabo Foods currently has several high-end retail accounts, including Ralph’s Grocery, Albertsons, Whole Foods Market, Inc. Costco, Henry’s Farmers Market, Mother’s Market & Kitchen and Sprouts. This distribution agreement includes the states of California, Nevada, Arizona, Texas and Utah.…

WednesdayNov 04, 2009 3:18 pm

Simtrol, Inc. (SMRL.OB) Issues Shareholder Letter

Today, Simtrol, Inc.'s President and CEO issued the following letter to stockholders: Dear Valued Shareholder, I am writing today to give you an update on our business. In our business model, it is important that our technology offerings are scalable, easy to implement, attract market leading channel partners, and provide tremendous value for the end customer. We have refined and productized our technology assets, making them easy to deploy through our channel partners into the verticals we have targeted. During the past year, in spite of a difficult financial environment and exceptionally soft business climate, we have successfully developed multiple…

WednesdayNov 04, 2009 3:01 pm

Northern Oil and Gas, Inc. (NOG) Closes On Equity Offering

Northern Oil and Gas, Inc. closed on its direct registered offering of 6.5 million shares of its common stock. The company sold the shares at a price of $9.12, and received $56.2 million in net proceeds. Northern Oil and Gas, Inc. said it would use the funds for working capital, to repay borrowings on its credit line, and possibly pursue acquisitions if any attractive assets could be found. Northern Oil and Gas, Inc. is an exploration and production company headquartered in Wayzata, Minnesota. The company has three main areas of operations: Bakken Shale - Northern Oil and Gas has 70,000…

WednesdayNov 04, 2009 2:59 pm

Newport Digital Technologies, Inc. (NPDT.OB) Has a Top-Notch Management Team

Newport Digital Technologies Inc. brings world-class technological expertise and creativity to the design and implementation of customized solutions for wireless broadband applications for customers. The company has competencies in five fast growing area of technology – RFID, WiMAX, LED signage, security and surveillance, and eLearning. The management team at Newport Digital Technologies brings to the table a wealth of knowledge and experience from within the technology industry as well as the corporate world. They also have a strong track record of delivering results to both customers and investors. Here are the team members: Mr. Richard Damion founded Newport Digital Technologies…

WednesdayNov 04, 2009 2:55 pm

Emclaire Financial Corp. Announces $20M Public Offering and Start-Date for Nasdaq Trading

Emclaire Financial Corp., the parent company of The Farmers National Bank of Emlenton, today announced its offering of approximately $20 million of its common stock in an underwritten public offering. The company also announced it has received authorization to trade on the NASDAQ Capital Market under ticker symbol EMCF effective November 6, 2009. The offering will be lead by Sandler O’Neill + Partners, L.P.; Boenning & Scattergood Inc. will act as co-manager for the offering. According to the press release, Emclaire Financial will grant the underwriters 30 days to purchase up to an additional 15 percent of the offered amount…

WednesdayNov 04, 2009 1:42 pm

Muscle Flex, Inc. (MFLI.PK) Announces Launch of New Corporate Website

Muscle Flex Inc. announced this afternoon that it has launched its new corporate website at www.MuscleFlexInc.com. Muscle Flex is currently in the process of re-designing all of its online sites and properties to reflect a consolidated and focused marketing and image brand. "We are re-designing all of our media heading into the national release of the Beagle StepFit Pedometer and the BUDDY Tablet Caddy so that it is consistent with its imagery and branding across all of our products, Muscle Flex and my role as the spokesperson," stated Danny Alex, CEO and Founder of Muscle Flex. "It's a huge task…

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