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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…

FridayMar 19, 2010 1:57 pm

Voiceserve, Inc. (VSRV.OB) Gets AppStore Authorization

Voiceserve Inc., a VoIP (Voice over Internet Protocol) telephony software and service provider, today announced that its VoIP over data connection for iPhone/iPod has been authorized on the Apple Store. It’s an important addition to the company’s Vippie Mobile software, representing one of the first cellular software packages in the market to work across all networks, including 3G edge and WiFi. Voiceserve’s Voipswitch Mobile dialer is a software package that enables regular cell phone users to make calls using a mobile phone via an Internet connection. As with Voiceserve’s Vippie Mobile Dialer for Symbian (for Nokia, Motorola, Samsung, Sony, etc.),…

FridayMar 19, 2010 11:40 am

ETF Market Attracts Billions during February as Fund.com, Inc. (FNDM.OB) Moves in to Capitalize

It was recently reported that last month exchange-traded funds attracted net inflows of more than $4.6 billion. The U.S. ETF industry closed out the month with approximately $764.6 billion in total net assets, up about 2.4% from $746.9 billion in December and up 67.9% from $455.5 billion a year ago. ETFs tracking domestic equities saw the greatest amount of investment. The category was led by SPDRs (SPY), which realized about $1.5 billion in net inflows last month--a sharp reversal from the more than $15.1 billion in outflows it saw in January. On the other hand, ETFs covering international equities saw…

FridayMar 19, 2010 10:18 am

NetSol Technologies, Inc. (NTWK) Announces Official Launch Date of smartOCI(TM)

NetSol Technologies, Inc., provider of business services and enterprise application solutions to private and public sector organizations worldwide, this morning announced the official launch of the smartOCI™, a SAP-compatible multiple-catalog search engine solution. smartOCI™ enables streamlining purchasing processes and driving cost efficiencies within procurement organizations. The search engine technology is targeted for launch on May 17, 2010 at the SAP SAPPHIRE Conference in Orlando, Florida, targeting approximately 1,000 SAP SRM platform customers. Developed by NetSol Technologies, smartOCI™ will provide corporate buyers and shoppers a simple and intuitive user interface to search multiple supplier catalogs simultaneously within the SAP Supplier Relationship…

FridayMar 19, 2010 10:11 am

Daulton Capital Corp. (DUCP.OB) Closes on Balarat Option and Acquires Additional Claims in the Klondike

Daulton Capital Corp. is a natural resource finance company focused on precious and base metals, as well as oil and gas opportunities. Management's objective is to option or joint venture projects with both major and junior natural resource companies to properly exploit the potential of each project. The company announced today that it has completed final negotiations on the Balarat property in compliance with the original agreement and acquired an additional 58 claims on the property, bringing the claim total to 96. The Balarat claim block is situated 3 miles southeast of Underworld Resources' Black Fox property. Underworld Resources was…

FridayMar 19, 2010 10:09 am

Mesa Labs, Inc. (MLAB) Signs Partnership Agreement with Masy Systems

Mesa Labs Inc. manufactures instruments and disposable products utilized in connection with industrial applications and healthcare. One product is the company's Data Trace data loggers which are used for quality control applications in pharmaceutical, food and medical device manufacturing. Other products from Mesa Labs include medical meters used for quality control in dialysis clinics and Raven Biological Indicators used for quality control of sterilization processes in hospitals as well as pharmaceutical and medical device companies. The company announced today that it has signed a strategic distributor agreement with Masy Systems Inc. Masy Systems provides quality services for the biotech, pharmaceutical,…

FridayMar 19, 2010 8:29 am

Baltic Trading Ltd. (BALT) Completes Initial Public Offering

Baltic Trading Ltd. completed the sale of 16.3 million shares of its common stock at a price of $14.00 per share. This was the company’s initial public offering, and Baltic Trading Limited raised a total of $228.2 million in gross proceeds before the payment of commissions and other underwriting expenses. Morgan Stanley & Co. Inc. and Dahlman Rose & Company, LLC are the co managers of the offering and retain an option to purchase an additional 2.45 million shares from Baltic Trading Limited to cover any over allotments. Baltic Trading Limited was formed in association with Genco Shipping & Trading…

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