Blog - Page 3943 of 5652

TuesdayDec 29, 2009 2:55 pm

The Mint Leasing, Inc. (MLES.OB) Announces Purchase and Lease Transactions Involving Fifty New Toyota Camrys and Corollas

The Mint Leasing, Inc., provider of innovative leasing services to customers of franchised automobile dealers throughout the United States, announced that it has purchased fifty 2010 Toyotas (Camry and Corolla models) from a leading Houston Toyota dealer, utilizing its new and previously announced credit facility of up to $10 million. The vehicles have already been leased to a major automobile rental agency in San Antonio, Texas. "This transaction follows the purchase and lease of sixty-one Toyota Corollas that was announced earlier this month and illustrates an improving business outlook for Mint Leasing that we expect to continue into 2010," stated…

TuesdayDec 29, 2009 2:54 pm

Element 21 Golf Company (ETGF.OB) Expands Its International Distribution Network to 370 Locations Worldwide

Element 21 Golf Company, applicator of high tech materials in the sports industry including advanced Scandium Alloy golf products and biofiber fishing equipment, announced earlier today that its international retail presence has grown to more than 370 locations. Element 21's international retail footprint now includes stores in: Australia, Canada, Finland, France, Italy, Netherlands, Mexico, Romania, South Africa, Spain, and Switzerland. Element 21's North American retail distribution network includes Big Box stores -- Bass Pro, Cabelas, Academy, West Marine, Sportsman's Warehouse, Gander Mountain; and Distributors -- Big Rock, Farris Brothers, Pitman Creek, Patches, Bishop, Hicks and Sports Supply. "International growth of…

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…

Site Search

Company Search