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WednesdayApr 07, 2010 3:55 pm

MSC Industrial Direct Co. (MSM) Reports Increase in Net Income

MSC Industrial Direct Co. reported net income of $30.6 million, or $0.48 per diluted share, in the second fiscal quarter of 2010 (ended 2/27/2010). The company reported net income of $26.3 million, or $0.42 per diluted share, in the same quarter of 2009. Revenues in the second fiscal quarter of 2010 were reported at $395.5 million, a 12% increase from the $351.9 million reported in the second fiscal quarter of 2009. David Sandler, the CEO of MSC Industrial Direct Co., said, “The fiscal second quarter reflected solid performance against a backdrop of improving market conditions. Driven by excellent execution, we…

WednesdayApr 07, 2010 3:04 pm

PURE Bioscience (PURE) Receives EPA Registration for Powerful Sanitization Solution

PURE Bioscience develops and markets technology-based bioscience products for various health challenges. The company yesterday announced it has received U.S. Environmental Protection Agency (EPA) registration for its SDC-based disinfectant and food contact surface sanitizer. Patented SDC is an electrolytically generated source of stabilized ionic silver that, when used as a platform technology, differs from competitors because of its superior efficacy, reduced toxicity and the inability of bacteria to form a resistance to it. According to the Centers for Disease Control and Prevention (CDC), foodborne pathogens cause 76 million illnesses per year in the U.S., resulting in 325,000 hospitalizations and 5,200…

WednesdayApr 07, 2010 1:05 pm

Marcel Herbst of Harcourt AG Joins Fund.com, Inc.’s (FNDM.OB) Subsidiary Weston Capital Management

Today, Fund.com, Inc. announced that Marcel Herbst, formerly of Harcourt AG, has joined the management team as managing director of its wholly owned subsidiary Weston Capital Management LLC, which has more than $1 billion under management. In his new position, Herbst will lead global distribution efforts, forging strategic partnerships and overseeing business development. He will report directly to Weston Capital CEO Albert Hallac. Hallac said, "Marcel's tremendous experience will start immediately to make a huge contribution to important strategic projects currently under way. He has the know-how to positively advance our growth." Herbst joined the firm after nearly a decade…

WednesdayApr 07, 2010 12:07 pm

Energtek, Inc. (EGTK.PK) “Fills” the Need in Natural Gas Infrastructure

Energtek Inc. is a world leader in the development and commercialization of Adsorbed Natural Gas (ANG) technology. The company has developed breakthrough proprietary technology which efficiently enables increased use of natural gas in vehicle and industrial markets globally. One of the product offerings from Energtek is filling stations. Natural gas filling stations are an essential element in any natural gas vehicle or pipeless gas supply project. The creation of natural gas filling station infrastructure requires complex technological solutions and dynamic resources as well as significant financial and legal development efforts. The company's offering builds on the experience accumulated in the…

WednesdayApr 07, 2010 12:04 pm

Elray Resources, Inc. (ELRA.OB) Ecuador Property Report Confirms 15 Important Veins

Elray Resources Inc. is a junior exploration and development company which has successfully accumulated a portfolio of mining properties in Asia and South America. The company's primary objectives are to source projects, conduct geological assessments and seek joint venture partners to develop the properties. The company reported today that the recently acquired Picacho property in south-eastern Ecuador shows potential for the discovery of precious metals due to a number of gold-bearing veins. The Picacho property is in a prolific 150 square kilometer region known to contain at least 15 important gold-bearing veins. Independent geologists believe these veins may extend for…

WednesdayApr 07, 2010 11:16 am

iTokk Inc. (IKTO.OB) Inks Distribution Deal with Mayfair Club A.E.

Communications company iTokk Inc. today announced its master reseller license agreement with Mayfair Club A.E. of Athens Greece, an international import and export company. Per the agreement, Mayfair Club will distribute iTokk products and services in Greece. Mayfair Club’s experience in marketing, distribution and call-centre solutions for more than 1,800 businesses has helped the company establish a network of more than 1.2 million customers. The company recently secured more than 3,000 residential contracts in January for Internet search provider Forthnet and has partnered with several industry players, including Vodafone Greece, Wind telecom & ISP, Vivodi Telecommunications, Cosmote, On Telecoms and…

WednesdayApr 07, 2010 11:15 am

VitaminSpice (VTMS.OB) Launches Advertising Campaign with Major League Baseball

One company that is starting to grasp the attention of investors is the Wayne, Pennsylvania based VitaminSpice. VitaminSpice is a pioneer in the emerging foodceutical industry by selling vitamin-, mineral- and antioxidant-infused spices and food products. Today, VitaminSpice took a major step towards enhancing their future with their new campaign for vitamin-enhanced spice line in Major League Baseball GameDay programs. This unique advertising campaign is part of a multiyear, million dollar advertising program signed in February with CWC Sports, which is a full-service marketing company based in Los Angeles, California. CWC Sports is the brainchild of Herbert G. Dogan III…

WednesdayApr 07, 2010 11:09 am

ViewCast Corp. (VCST.OB) Debuts New Unified Digital Media Environment, the ViewCast Media Platform VMp™

ViewCast Corp., the Plano, TX-based innovator and industry leader in hardware and software solutions for manipulating, managing and distributing professional-quality video and other digital media over IP and mobile networks, debuted the new ViewCast Media Platform (VMp™) today. Designed from the ground up as an intuitive and full-spectrum unified environment for dealing with high-end digital media requirements seamlessly and throughout the lifecycle of the data, the VMp handles streaming and on-demand video, live video publishing, and complete control over managing digital assets with ease. VMp functionality is based on a set of core technologies, including capture, modification, indexing, workflow and…

WednesdayApr 07, 2010 11:06 am

Reed’s, Inc. (REED) Adds a Third Major Private Label Customer

Reed's, Inc., as anyone who has had one of their signature beverages knows, prides itself on using the most nutrient-rich and wholesome organics to create wonderful elixirs of all sorts through skillful employment of the best traditional/old-world methodologies and modern science. The Company announced today a sign of continued growth and success with the addition of a third private label agreement, which calls for REED to begin shipping product to all 145 of the major, as yet undisclosed, international food company’s US-based supermarkets. Widely consumed goods like beverages typically perform well across market fluctuations, and the US penchant for specialty…

WednesdayApr 07, 2010 8:44 am

NetSol Technologies, Inc. (NTWK) Engages RedChip Companies to Lead Public and Investor Relations

NetSol Technologies, Inc., a provider of global business services and enterprise application solutions to private and public sector organizations worldwide, this morning announced that it has retained RedChip Companies, Inc. to lead its public and investor relations programs. "We look forward to working with RedChip's highly professional team who specialize in the small-cap space," stated Najeeb Ghauri, Chairman and CEO of NetSol Technologies. "RedChip has a long history of success in building strong relationships with investors, and we are confident they will augment our investor relations and outreach efforts." "We are excited about the opportunity to represent NetSol," commented Dave…

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