WednesdayJul 08, 2009 11:18 am

VirtualScopics Inc. (VSCP) Grows while Helping Introduce New Healthcare Products to the Market

VirtualScopics, Inc. provides imaging services used in clinical trials of medical devices and products. The company is active in all stages of a clinical trial, from early design to Phase 3. The company’s products are used in many different therapeutic areas including Oncology (Cancer), Musculoskeletal, Neurology, and Cardiology. The products are used by pharmaceutical, medical device and biotechnology companies. On July 8, the company pre-announced second quarter earnings for the period ending June 30, 2009. VirtualScopics said that revenues in the quarter would be more than $2.5 million. This is a record amount for the company and represents an increase…

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WednesdayJul 08, 2009 10:37 am

China Wind Systems Inc. (CWSI.OB) Opens New Manufacturing Facility, Receives Government Grant

Within China, the support of the central government can make or break a company. This is simply a necessary evil. If a company can garner favor with the correct people and secure support, the opportunity for profit is all but assured. China Wind Systems Inc., a supplier of forged metal products to the wind, textile and industrial complex of China, works to provide rolled rings and other forged products primarily in Wuxi City, China. The company has recently completed construction of a state of the art manufacturing facility where it plans to focus its attention on the wind power aspect…

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WednesdayJul 08, 2009 10:14 am

eDOORWAYS Corp. (EDWY.PK) Names Senior Financial & Accounting Specialist

eDOORWAYS Corporation (PINKSHEETS: EDWY) seems tirelessly at work furthering its agenda. With the addition of a Brand Marketing and Site Monetization Strategist, setting the launch date, supporting that launch with the acquisition of a Lead Technology Architect and engaging an award winning New York PR firm to convey the company's message to the masses, eDOORWAYS seems set on a course of growth and success. Still yet, in preparing for October's delivery of the "SOLVE" doorway, Chairman and CEO, Gary Kimmons, continues to seek additional ways to build greater shareholder value. Today, this value comes in the form of the company's…

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WednesdayJul 08, 2009 9:36 am

NEAH Power Systems, Inc. (NPWS.OB) Announces Creation of First Hybrid Electrolyte Aerobic Direct Methanol Fuel Cell

NEAH Power Systems, Inc. announced earlier today that it has created and demonstrated the first air based fuel cell for aerobic applications. Once fully developed, this system is expected to have higher energy density than any incumbent direct methanol anaerobic fuel cell available today, which could open up additional various markets. Dr. Chris D'Couto, NEAH's President and Chief Executive Officer, commented, "This technology is differentiated in performance and architecture in that it combines NEAH's unique liquid electrolyte and 3D silicon electrode technology, with the manifold inherent benefits in cost and manufacturability of integrated circuit manufacturing, with proton conduction membrane for…

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WednesdayJul 08, 2009 6:32 am

Sino Payments, Inc. (SNPY.OB) Sets Focus on Hong Kong Market with Signing of Partnership Memorandum of Understanding

Sino Payments, Inc., a company providing IP credit and debit card processing services to large retail chains in China and throughout Asia, announced that it has signed a Memorandum of Understanding with Wincor-Nixdorf to provide the Sino Payments IP card processing system to retail chain, supermarket, and other retail customers initially in the Hong Kong market. Matthew Mecke, Chairman & CEO of Sino Payments stated, "As one of the world's largest and most important payment processing retail store hardware and ATM providers, Sino Payments is extremely pleased to work with Wincor-Nixdorf in HK to provide Sino Payments IP credit and…

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WednesdayJul 08, 2009 6:27 am

Sector 10, Inc. (SECI.OB) and Encompsol Form Strategic Relationship

Sector 10, Inc. announced this morning that it has made a strategic relationship with Encompsol, Inc. This relationship will enhance the company’s focus on the Uniform Fire Code and the International Fire Code Standards. Encompsol, Inc. specializes in the implementation of both the hazardous materials and the evacuation requirements contained in the codes with its proprietary intellectual property and software that has revolutionized how many communities in Arizona and other States comply with the codes. According to the press release, Encompsol has hundreds of customer sites that are already complying with the codes. Sector 10 believes these customer sites represent…

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WednesdayJul 08, 2009 6:15 am

Savoy Energy Corp. (SNVP.OB) Adds New Board Members Retaining International Oil Exploration Experience

Today, Savoy Energy Corp. announced that on June 25, 2009 the Board of Directors of the company appointed Mr. William F. Howell, Mr. Raymond A. Crabbe, and Mr. Charles J. Jacobus to the Board of Directors. All three will remain in their newly appointed positions until the next regularly scheduled shareholder meeting at which time they may stand for re-election. Mr. William Howell's oil and gas experience spans nearly 50 years, both onshore and offshore. He has worked as a geologist domestically in Oklahoma, Texas and the Gulf of Mexico as well as internationally in Libya. Mr. Howell’s previous experience…

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WednesdayJul 08, 2009 5:48 am

ESP Resources Inc. (ESPI.OB) Reaches Material Terms for Acquisition

ESP Resources, Inc., a manufacturer, blender, distributor and marketer of specialty chemicals and analytical services to the oil and gas industry, recently announced that the company has reached an agreement on the purchase price and material terms to acquire Turf Chemistry, Inc., a manufacturer and distributor of specialty chemicals for the oil and gas industry in the Southwest and Southern regions of Texas. Founded in 2006 and based in Mission, Texas, Turf Chemistry’s unaudited revenues for fiscal year 2008 exceeded $1 million, and its senior management has more than 40 years of experience in the petrochemical business. The Turf product…

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WednesdayJul 08, 2009 5:06 am

Avalon Oil & Gas, Inc. (AOGN.OB) Acquiring Oil Production Enhancing Technologies

Avalon Oil & Gas Inc. is an independent domestic oil and natural gas producer. The company has acquired a portfolio of leases in Texas, Oklahoma, Louisiana and Arkansas. Avalon's strategy is to use efficient reservoir maintenance and innovative technology to generate stable cash flows for the company. Avalon's technology subsidiary acquires and develops oil production enhancing technologies from early stage licensing partners such as UTEK Inc. UTEK is a technology-transfer company that enables firms to rapidly acquire innovative technologies from universities and research laboratories worldwide. To date, Avalon has acquired the license for two technologies. The first technology, licensed from…

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WednesdayJul 08, 2009 4:58 am

Universal Tracking Solutions, Inc. (UTRK.PK) Offers “Must Have” System

Universal Tracking Solutions, Inc. offers a system that is increasingly being seen as a “must-have” item for almost any company involved in transporting their own or someone else’s products. It’s a unique GPS system that is qualitatively different than standard GPS offerings, resulting in a variety of cost savings and time savings for anyone using it. With GPS (Global Positioning System) technology, companies can easily track their mobile assets, such as trucks and other vehicles that are becoming more and more costly to purchase, operate, and maintain. But what sets aside Universal Tracking is, first of all, their ability to…

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