Blog - Page 3797 of 5591

WednesdayMar 24, 2010 11:47 am

Teltronics Inc. (TELT.OB) Posts Solid FY 2009 Financial Results

Teltronics Inc., a leading provider of innovative communications solutions, today posted its financial results for the year ended December 31, 2009, attributing the solid results to quality customer service and strategic budgeting. "The Company is pleased with our year-end results," Ewen Cameron, Teltronics' president and CEO stated in the press release. "In 2009, we increased our operating profit by 109% to $6.9 million from a loss of $3.3 million in 2008. We attribute our 2009 accomplishments to our strong relationships with our current customers, combined with the budget cut initiative we implemented in 2008 and our strong team of employees."…

WednesdayMar 24, 2010 10:59 am

Lingo Media Corp. (LMDCF.OB) Appoints Michael O’Connor to Board of Directors

Leading online and print-based English language-learning solutions provider Lingo Media Corp. has appointed Michael O'Connor to its Board of Directors. With his appointment, Michael O'Connor brings over twenty years of experience in economics, finance and mergers and acquisitions in telecommunications and transportation. Beginning his career at the Economic Council of Canada/School of Policy Studies Queens University, Mr. O'Connor went on to be the founder of the Center for Economic and Financial Analysis, a division of the Science Applications International Corporation (SAIC). SAIC is now one of the largest consultancy companies in the U.S., with over 45,000 employees. Mr. O'Connor built…

WednesdayMar 24, 2010 10:57 am

NetSol Technologies, Inc. (NTWK) Covers All Industries

NetSol Technologies Inc., a global provider of enterprise software solutions and services, has the very significant advantage of serving a broad industrial base, protecting it from the inevitable ups and downs of individual markets. To do this, however, requires the ability to convince diverse customers, with dramatically different needs, that NetSol has what it takes to best serve their unique interests. NetSol has managed to do this by consistently demonstrating a level of technological competency, and an unparalleled dedication to quality, that competitors are simply unable to match. The company employs a global network of well-integrated resources to support a…

WednesdayMar 24, 2010 10:30 am

Propalms, Inc. (PRPM.PK) Changes Date of Nationwide Teleconference

Propalms, Inc. issued a press release this morning to announce that they have changed the date of their nationwide teleconference due to the pending sale of their wholly-owned subsidiary, Focus Systems, Inc. The teleconference has been rescheduled for Wednesday, April 7, 2010 at 4:15 p.m. EDT. The CEO of Propalms, Mr. Owen Dukes, and the President of Propalms, Robert Zysblat, will head the teleconference. It is expected that there will be a high demand to attend the teleconference and it is recommended that you call (407)389-5900 today to reserve your place. Direct questions can be emailed beforehand to ir@propalms.com. There…

WednesdayMar 24, 2010 10:23 am

Save The World Air, Inc. (ZERO.OB) Progressing Rapidly with Bringing Technologies to Market

Save The World Air, based in Morgan Hill, CA, issued a press release today to elaborate on discussions regarding bringing their proprietary products, AOT and ELEKTRA, to market. Save The World Air (STWA) is pursuing marketing strategies in the billion dollar industries of crude oil pipelines, land-based diesel engine technology and marine diesel technology. With regards to these strategies, Mr. Cecil Bond Kyte, Chairman and CEO of Save The World Air, was quoted as saying "By forming strategic and synergistic partnerships with organizations that can help bring products based on our technologies to market quickly, we can fast-track our sales…

WednesdayMar 24, 2010 10:20 am

QuoteMedia, Inc. (QMCI.OB) and Gmarkets Form Enterprise Agreement

One company that is on the rise is the Arizona-based QuoteMedia. In a short period of time, QuoteMedia has established themselves as a leading software developer and syndicator of financial market information and streaming financial data solutions to media, corporations, online brokerages and financial services companies. Today, QuoteMedia took a major step towards enhancing its future with the announcement they have entered an Enterprise Agreement with Gmarkets. Gmarkets is a financial information company specializing in the delivery of real-time, global fixed income and capital markets data. Effective immediately, Gmarkets will incorporate the Quotestream Profession into its existing product line which…

WednesdayMar 24, 2010 10:18 am

Wowjoint Holdings Ltd. (CFQCF.OB) Awarded First US-Based Contract Valued at $1 Million

Wowjoint Holdings Ltd. is a leading provider of customized heavy duty lifting and carrying machinery used in such large scale infrastructure projects as railway, highway and bridge constructions. The company's main product lines include launching gantries, tire trolleys, marine hoists and special carriers. The company today announced that its operating subsidiary, Beijing Wowjoint Machinery Company, has been awarded a $1 million contract with PCL/Archer Western. This company is a joint venture which will provide customized heavy duty equipment that will be utilized in the construction of the Interstate-4/Lee Roy Selmon Crosstown Expressway Connector Interchange in Tampa, Florida. The project, which…

WednesdayMar 24, 2010 9:43 am

New Leaf Brands, Inc. (NLEF.OB) Expands Distribution in NYC Metro Area

New Leaf Brands, Inc., based in Scottsdale, AZ, issued a press release today to announce that they have doubled their distribution agreement with Manhattan Beer, the largest beverage distributor in the New York City area. New Leaf markets and distributes ready to drink beverages, primarily natural tea sweetened with evaporated organic cane sugar. The company provides New Leaf in 14 flavors, including blue teas, green teas, black teas, and white teas. The New Leaf products will now be found in over 4,000 cold beverage cases in the metro area. The New Leaf drinks will also be positioned in prominent positions…

WednesdayMar 24, 2010 9:35 am

China Armco Metals, Inc. (CNAM) Announces Purchase of 749,000 Metric Tons of Brazilian Manganese Ore with Revenue Potential of $180 Million USD

China Armco Metals, Inc., a leading distributor of metal ore and non-ferrous metals and metal recycler throughout the People’s Republic of China, recently announced that the company’s wholly owned subsidiary, Armco & Metawise (H.K.), Ltd., has signed a contract to purchase 749,000 metric tons of Brazilian manganese ore fines. This supply of manganese ore has the potential of generating distribution revenue of $180 million USD over the next 16 months. Magnesium ore is in high demand; approximately 90 percent of the ore is for the production of iron-manganese alloys used in the steel industry, a sector that is currently experiencing…

WednesdayMar 24, 2010 9:34 am

Ivanhoe Energy Inc. (IVAN) Reports Successful Test Well in Ecuador

Ivanhoe Energy Inc. reported the results of a log and core analysis from a test well on Block 20 of the Pungarayacu oil field in Ecuador. The company said that the results were positive and indicates the presence of a heavy oil reservoir in the Hollin formation. The IP-15 well was drilled to a total depth of 1,343 feet, and encountered 300 feet of net pay in the Hollin formation. The company will commence cyclic steam stimulation in the well, which involves injecting steam down hole to see if production can be successfully stimulated. “We are excited by the initial…

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