Blog - Page 3797 of 5506

TuesdayDec 29, 2009 1:50 pm

Vyteris, Inc. (VYTR.OB) Announces Balance Sheet Restructuring

Vyteris Inc. is a leader in active transdermal drug delivery technology. The company is the maker of the first active, ready-to-use drug delivery patch – LidoSite – to receive marketing clearance from the US Food and Drug Administration (FDA). The company's proprietary active transdermal patch technology delivers drugs comfortably through the skin using low-level electrical energy. This smart patch technology allows precise dosing, giving physicians and patients control in the rate, dosage and pattern of drug delivery that may result in considerable therapeutic advantages over existing methods of drug delivery. Vyteris announced today the sale of $2.3 million of net…

TuesdayDec 29, 2009 1:40 pm

VIASPACE, Inc.’s (VSPC.OB) Expansion of Giant King Grass Production Capacity

Viaspace Inc. is a clean energy company. Through its renewable energy subsidiary, the company grows a proprietary, fast-growing non-food grass used for producing low carbon renewable energy crop products such as green gasoline for transportation and other products which may be used as a coal-substitute to reduce carbon emissions from electric power plants. The company recently announced that it had leased an additional 136 acres in Guandong Province, China. The new acreage has already been planted with Giant King Grass. Viaspace now has 250 acres under cultivation and is in negotiations to acquire substantially more land. The current acreage is…

TuesdayDec 29, 2009 1:32 pm

Radware Ltd. (RDWR) Expects Record Revenue for the Fourth Quarter of 2009

Radware Ltd. (NASDAQ: RDWR), the global leader in integrated application delivery solutions that assure the full availability, maximum performance, and complete security of business-critical applications for nearly 10,000 enterprises and carriers worldwide, recently announced that the company raised its guidance for the fourth quarter of 2009. Radware expects record-level quarterly revenues in the range of approximately $31 million to $32 million in the fourth quarter, higher than the previous guidance of $30 million. Earnings per share on a non-GAAP basis for the fourth quarter is also expected to increase and is currently anticipated in the range of 19 to 21…

TuesdayDec 29, 2009 12:52 pm

China Infrastructure Investment Corp. (CIIC) Shows Sequential Quarterly Growth on Strength of Pinglin Expressway Tolls

China Infrastructure Investment Corp., incorporated in Nevada and headquartered in Henan Province, China, where it operates the Pinglin Expressway, announced today projections for sequential revenue growth in 2010, due largely to the rebounding Chinese economy. The company had 8.7% growth in Quarter 1 Fiscal Year 09, which ended September 30. This represents a 27% increase over Q4 FY 09, which ended in June. Generating roughly $1.09 million from tolls on the Pinglin Expressway, CIIC had a per unit sequential increase exceeding the growth figure, due in large part to a 14,974 increase in average daily traffic over Q4 FY 09…

TuesdayDec 29, 2009 12:17 pm

NetSol Technologies, Inc.’s (NTWK) Comprehensive Financial Suite

NetSol Technologies’ Financial Suite (“NFS”) provides businesses with comprehensive, custom solutions for credit, lease and loan accounting, fleet management, and wholesale finance needs. Built from the components of LeasePak and LeaseSoft, NFS combines innovation and flexibility with security and accuracy to seamlessly integrate itself with existing platforms and practices. When the LeaseSoft products were developed, Netsol’s software engineers took the best practices of software development and financial industry business processes. Over a period of more than eight years, they developed the 100+ modules that make up the four comprehensive modules of LeaseSoft, quickly making it one of the leading solutions…

TuesdayDec 29, 2009 10:20 am

eDoorways Corp. (EDWY.PK) CEO Gary Kimmons Addresses Feedback Concerning Recently Launched “Solve” Beta v1.0

The Chairman and CEO of the eDoorways Corporation, Gary Kimmons, today issued the following response to criticism of the first beta version of the "SOLVE" doorway, launched just days ago on Christmas day. "Surprisingly, the company has received much criticism and questions concerning the first beta version of our first doorway, 'SOLVE.' These concerns encompass everything from the current look and feel of the current interface to user accessibility. Our intention was to address all concerns through a forum sometime next week after gathering and analyzing all of the public's inquiries. While this remains to be the plan, a sense…

TuesdayDec 29, 2009 9:08 am

Retailers and Shoppers Observe Low Inventory in the Holiday Season Aftermath

With the year’s busiest retail season winding down, stores are reporting thin inventories after coming out of Christmas with slightly better-than-expected sales. Some retailers have reported that keeping inventory levels low has resulted in ordering new merchandise to restock shelves, usually rare this soon after the holiday season. While this trend is good news for their bottom lines, it means slim pickings for shoppers hoping for after-Christmas clearance sales. NPD analyst Marshal Cohen observed, "Retailers are much more nimble this year. Their 'Plan B' is to have new receipts at the ready." Cohen noted that J. Crew and Coach, among…

TuesdayDec 29, 2009 9:03 am

Guanwei Recycling Corp. (GURC.OB) Changes Name and Ticker

Guanwei Recycling Corp. (GURC.OB), formerly MD Holdings Corp. (MDHO.OB), a fast growing plastics recycler based in Fujian Province in China, has announced yesterday that its shares will immediately begin trading on the OTC Bulletin Board with a new stock symbol: GURC. The move follows the company’s name change last week from MD Holdings Corp. to Guanwei Recycling Corp. Guanwei has grown rapidly, producing recyclable Low Density Polyethylene (LDPE) from plastic waste procured from Europe. It is now China’s largest manufacturer of LDPE, selling to more than 200 manufacturers in more than 10 industries in China, including the construction industry where…

TuesdayDec 29, 2009 8:57 am

Simulated Environment Concepts, Inc. (SMEV.PK) Working Closely with Business Consultancy Firm, AJENE WATSON, LLC to Prepare for 2010

Simulated Environment Concepts, Inc. today announced in a press release that the company anticipates their retaining of the AJENE WATSON, LLC, New York private lending and financial business development and management firm, will help the company reposition itself within the marketplace as it looks forward to a prosperous 2010. "It is our expectation that under the guidance of AJENE WATSON, LLC, our company will achieve the success imagined when we first began nearly 10 years ago," stated Dr. Ella Frenkel, Chairwoman and CEO of Simulated Environment Concepts, Inc., makers of SpaCapsule. The company was founded with the purpose of designing…

TuesdayDec 29, 2009 8:44 am

Euro Tech Holdings Company Ltd. (CLWT) Reports Financial Results

Euro Tech Holdings Company Limited reported net income of $11,000 for the six-month period ending June 30, 2009. This was up from net income of $4,000 reported in the same period in 2008. The company reported revenues of $14.1 million, a 5.1% increase from the $13.4 million reported in the same period of 2008. Euro Tech Holdings Company Limited had a solid balance sheet with cash and equivalents of $6.6 million, with no short or long-term debt. T.C. Leung, the CEO of Euro Tech Holdings Company Limited, said, “China could not escape the impact of the global financial crisis, 2009…

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