Blog - Page 3856 of 5516

ThursdayNov 05, 2009 12:25 pm

ZAGG Inc. (ZAGG.OB) Announces Upcoming Advancement to The Nasdaq Global Market

ZAGG Inc. designs, manufactures and distributes electronics accessories, such as protective clear coverings, targeting the mobile market. The company today announced it has received approval to begin trading on The Nasdaq Global Market November 10, 2009, under its current ticker, ZAGG. "We are very excited to be approved for the Nasdaq Global Market, and see it as an exceptional milestone in ZAGG's short history," Robert G. Pedersen II, president and CEO of ZAGG stated in the press release. "Moving to the top level market on Nasdaq will add a great deal of value for our shareholders and introduce ZAGG to…

ThursdayNov 05, 2009 11:35 am

American Oil & Gas Inc. (AEZ) Sees Solid Opportunity

Many investors often look to the larger oil and gas developers for a safe investment, and in a certain sense these types of companies are perhaps one of your more safe investments. Energy after all is always a need. There are, however, companies on the verge that may make better investments as they move forward with production and development plans. While some may look left at these more main-stream players, looking right for those companies that may be in the right place at the right time may be a bit more profitable. Care needs to be taken and research done,…

ThursdayNov 05, 2009 11:22 am

Xcellink International Inc. (XCEL.OB) Gets Patent Awarded in China

The Las Vegas Company Xcellink International has been gaining momentum in the patent mobile payments and banking platform business. While their aggressive business approach and unique technologies have been catching the attention of investors, the young company took a major step towards enhancing their future with the announcement that it has been awarded Patent # ZL 97197543.4 in China. The patent will be entitled ‘Automated Electronic Funds Transfer System and Method’ and will cover automated data interchange to achieve transactions between customers and merchants over wireless links. One of the key aspects of being awarded this patent is that China…

ThursdayNov 05, 2009 11:21 am

Galaxy Gaming, Inc. (GLXZ.OB) Announces Third Quarter Highlights

Today, Galaxy Gaming, Inc. announced that it has filed its third quarter operating results. Separately, the company also announced that it recently completed private equity fundraising. In a private placement of its securities, the company originally intended to raise $400,000. Due to investor demand, the offering was oversubscribed and the Company raised $600,000. The offering is now closed. Galaxy Gaming also took the opportunity to announce some of their third quarter highlights. The company reported a 47% growth in third quarter revenues, from last year's data of $533,375 to 2009's $782,493. The growth marks a new company record. Additionally, gross…

ThursdayNov 05, 2009 11:18 am

ClearOne (CLRO) Acquires NetStreams, Inc. in Million Dollar Transaction

Leading audio conferencing solutions provider, ClearOne, announced today that it has acquired NetStreams, Inc. Headquartered in Austin, Texas, privately-held NetStreams has approximately 20 employees and will continue to operate from its current location. NetStreams' 2009 revenues are anticipated to be in excess of $5 million. NetStreams is a global leader in digital media networks. Its IP technology appears in a wide variety of applications, including digital signage, corporate video distribution, network operations centers and government facilities. It can also be found in large venues such as the hospitality, entertainment and casino industries. NetStreams' digital streaming media and control systems support…

ThursdayNov 05, 2009 11:16 am

Omnicity Corp. (OMCY.OB) Sees Clear Path to Rapid Growth

Omnicity Corp wants to be rural America’s premier telecommunications and broadband Internet Service Provider. The company has developed a business model that has proven successful in thousands of rural Indiana homes, providing high-speed Internet service on a mass basis at a lower cost and more efficiently than wire or fiber optic solutions. With this model in hand, Omnicity is now growing rapidly through acquisitions with the goal of capturing the underserved and unserved rural and small town markets throughout America. The majority of rural homes do not yet have access to broadband service. Cable is often unavailable, and DSL service…

ThursdayNov 05, 2009 9:36 am

Echo Therapeutics, Inc. (ECTE.OB) Announces Clinical Study for New Glucose Monitoring Product

Echo Therapeutics, Inc., a diabetes management company developing a new needle-free Glocose Monitoring System, reports starting a new a clinical study of its Symphony(TM) Transdermal Continuous Glucose Monitoring product. The (tCGM System) study includes patients with Type 1 and Type 2 diabetes. The purpose of the study is to test the performance of its new one-piece, cost-effective biosensor. Echo expects to announce completed results of the study by the fourth quarter of 2009. Echo's pilot clinical study will enroll patients that have either type 1 or type 2 diabetes and will compare data obtained from its Symphony tCGM System with…

ThursdayNov 05, 2009 9:33 am

Qualsec’s (QLSZ.OB) Wholly Owned Subsidiary Signs West Coast Distribution Agreement with CaboChips in Major Retail Chains

Qualsec recently announced that VitaminSpice has secured an agreement with Cabo Foods Inc. Under the terms of the agreement, VitaminSpice’s vitamin-enhanced spices will be introduced to Cabo Foods’ West Coast distribution networks and major retail chains. VitaminSpice is a pioneer in the emerging foodceutical industry selling sells vitamin-, mineral- and antioxidant-infused spices and food products. As a leading gourmet chip manufacturer, Cabo Foods currently has several high-end retail accounts, including Ralph’s Grocery, Albertsons, Whole Foods Market, Inc. Costco, Henry’s Farmers Market, Mother’s Market & Kitchen and Sprouts. This distribution agreement includes the states of California, Nevada, Arizona, Texas and Utah.…

WednesdayNov 04, 2009 3:18 pm

Simtrol, Inc. (SMRL.OB) Issues Shareholder Letter

Today, Simtrol, Inc.'s President and CEO issued the following letter to stockholders: Dear Valued Shareholder, I am writing today to give you an update on our business. In our business model, it is important that our technology offerings are scalable, easy to implement, attract market leading channel partners, and provide tremendous value for the end customer. We have refined and productized our technology assets, making them easy to deploy through our channel partners into the verticals we have targeted. During the past year, in spite of a difficult financial environment and exceptionally soft business climate, we have successfully developed multiple…

WednesdayNov 04, 2009 3:01 pm

Northern Oil and Gas, Inc. (NOG) Closes On Equity Offering

Northern Oil and Gas, Inc. closed on its direct registered offering of 6.5 million shares of its common stock. The company sold the shares at a price of $9.12, and received $56.2 million in net proceeds. Northern Oil and Gas, Inc. said it would use the funds for working capital, to repay borrowings on its credit line, and possibly pursue acquisitions if any attractive assets could be found. Northern Oil and Gas, Inc. is an exploration and production company headquartered in Wayzata, Minnesota. The company has three main areas of operations: Bakken Shale - Northern Oil and Gas has 70,000…

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