Blog - Page 3797 of 5586

MondayMar 22, 2010 7:35 am

Smartlinx Acquisition Corp. (SMLK.OB) Hitting More Milestones

After market close on Friday, Smartlinx Acquisition Corporation issued a press release regarding their wholly-owned subsidiary, Smartlinx VoIP Networks Pvt. Ltd., which is based in Hyderabad, India. One focus of Smartlinx VoIP Networks is a live tutor program (appropriately called “Live Tutor”) that utilizes software, broadband networks and devices to connect students and teachers for online video education. Smartlinx has partnered with the largest telecom company in India, Bharat Sanchar Nigam Limited (BSNL), to provide this program using Voice and Video over Broadband (VVOBB) technologies. A tutor recruitment program was launched February 1, 2010 with a goal of registering 10,000…

MondayMar 22, 2010 7:26 am

Freshwater Technologies, Inc. (FWTC.OB) Reports Sales Progress

Friday, Freshwater Technologies Inc. proudly announced that its sales progress in Peru has reached significant levels. Company distributors have installed 10 FW water activators in refrigeration systems for a number of industrial and commercial sites. FW water activation technology is used with cooling towers and evaporative condensers to provide air conditioning for facilities; the technology also aids in the production of ice for the hospitality and fishing industries. The use of an FW Activator has shown to reduce energy costs, ice cloudiness caused by calcium levels in the water, and an elimination of the cracking of the individual cubes. This…

MondayMar 22, 2010 7:23 am

Patrick Industries, Inc. (PATK) Reports Financial Results for Q4 2009

Patrick Industries, Inc. reported net income of $0.9 million, or $0.09 per diluted share, for the fourth quarter of 2009. This was a significant improvement from the net loss of $69.2 million, or $7.59 per diluted share, in the same quarter of 2008. The loss in the fourth quarter of 2008 included a deferred tax asset valuation allowance of approximately $18.0 million, or $1.97 per diluted share. Revenues fell slightly on a year over basis from $55.9 million in the fourth quarter of 2008 to $53.4 million in 2009. Management said that it saw a mixed performance during the quarter,…

MondayMar 22, 2010 7:22 am

Nexen Inc. (NXY) Reports Successful Well in the Gulf Of Mexico

Nexen Inc. reported a successful deepwater well in the eastern Gulf of Mexico, located at the Appomattox prospect, in Mississippi Canyon blocks 391 and 392. The well was drilled in approximately 7,200 feet of water, to a depth of 25,000 feet, and hit 425 feet of net oil pay. The company drilled two sidetrack wells to appraise the discovery and reported net oil pay at those two wells also. Marvin Romanow, the CEO of Nexen Inc., said, “The Appomattox discovery confirms our confidence in the play and provides a strong basis to evaluate the remainder of our significant acreage position…

MondayMar 22, 2010 7:20 am

Eastern Environment Solutions Corp. (EESC.OB) Posts Q4 Results, Highlights 2009 Achievements

Eastern Environment Solutions Corp., a leading provider of municipal solid waste services in China, Friday posted its financial results for the fourth quarter of 2009 and gave an update on business achievements and progress. EESC reported revenue for the fourth quarter ended December 31, 2009, at $538,748, compared to $451,875 for the fourth quarter ended December 31, 2008; gross profit for the fourth quarter was $442,854 for the three months ended December 31, 2009, compared to $356,014 for the three months ended December 31, 2008; net income for the three months ended December 31, 2009, was $229,006, or $0.02 per…

FridayMar 19, 2010 3:46 pm

New Market Technology, Inc. (NWMT.PK) Announces Greenfield Partnership Program Webcast Date

New Market Technology, Inc. is headquartered in Dallas, TX and provides various Voice Over Internet Protocol (VOIP) technologies to customers both in the United States and internationally. Their primary focus is on domestic and international telephony, software licensing, technical consulting and system integrations. Some of the services provided by New Market Technology include voice mail services, pre-paid long distance calling cards, e-commerce communications services, broadband wireless services and corporate long-distance, fax and data services. New Market Technology has established many partnerships over the years including the likes of Microsoft, Dell, HP, IBM and Oracle, to name a few. The Company…

FridayMar 19, 2010 2:17 pm

Bovie Medical Corp. (BVX) Receives FDA Approval for New Coagulation Device

Bovie Medical Corp., the first name in Electrosurgery and widely known throughout the healthcare industry for their Bovie® electrosurgical generators and accessories, announced FDA approval of its proprietary BOSS™ bipolar sintered steel coagulation device today. Based on a saline-enhanced sintered steel technology BVX has been developing for quite some time, the BOSS™ uses a dual saline and radio frequency (RF) method to coagulate bone and soft tissue with vastly minimized blood loss, charring or sticking of tissue. Such saline enhanced surgeries yield better results, improved post-op outcomes, and reduced patient recovery time while ultimately reducing both the time and cost…

FridayMar 19, 2010 2:14 pm

Integrated Environmental Technologies, Ltd. (IEVM.OB) and Benchmark Exhibit Excelyte® Performance in Fracking the Marcellus Shale

Integrated Environmental Technologies, Ltd., known in the mineral exploration business for its environmentally friendly EcaFlo® Anolyte, marketed under the brand name Excelyte® as an anti-bacteria additive for well fracking, joined Benchmark Performance Group, Inc., the leading developer of a wide range of additives for the oilfield industry, today to announce yet another successful fracking instance using the Excelyte® product in Pennsylvania’s Marcellus Shale. With Benchmark posting additional fracking slated for later this month throughout the US, they have strategically pre-empted the coming onslaught of demand by manufacturing 0.5M gallons of the wildly popular Excelyte® in direct anticipation of its consumption.…

FridayMar 19, 2010 2:03 pm

Cascade Technologies Corp. (CSDT.OB) is “One to Watch”

Trading on the OTCBB, Cascade Technologies Corp. is a company focused on medical technology opportunities. Founded in 2004, the Company's initial core business was the purchase and sale of semiconductors. After achieving disappointing results in that market, Company management determined to review other business opportunities. The Company's particular emphasis was on technology businesses. Cascade, in early 2009, identified opportunities in the field of renewable energy based power producing assets in solar, wind and geothermal projects. However, upon concluding an agreement with Spectral Molecular Imaging, Inc. (SMI) to acquire SMI, Cascade Technologies Corp. decided to exit the renewable energy sector to…

FridayMar 19, 2010 1:59 pm

Pernix Group Inc. (PRXG.OB) Anticipates Enhanced Visibility and Communication through Advancement to Bulletin Board

Pernix Group Inc. is an international company investing in construction, power generation and broadcasting equipment. Effective yesterday, Pernix advanced from the Pink Sheets to offer its common stock on the OTC Bulletin Board. Nidal Z. Zayed, CEO and president of Pernix said the move reflects the company’s mission to grow and opens the door for opportunities to increase shareholder value. "Joining the OTC Bulletin Board is an exciting step for Pernix. We recently began the process of moving to the Bulletin Board and are pleased that we could accomplish this initiative in a relatively short period of time. Our ongoing…

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