Blog - Page 4008 of 5513

WednesdayMay 27, 2009 9:03 am

Oil Price Hits Six-Month High – Are We Headed Higher?

Today, the price of oil rose to a six-month high of $63.45 and the national average price for a gallon of regular unleaded gasoline rose to $2.655. In the last month alone, the price for a barrel of light crude oil increased approximately 25%. Is this the peak of the rally or should we expect even higher prices? According to Saudi oil minister Ali al-Naimi, prices will keep increasing since demand is "picking up, especially in Asia". Nuaimi said, “You bet we're seeing it (increased demand) from some of our customers for more oil and we're providing it… There is…

WednesdayMay 27, 2009 7:07 am

XenaCare Holdings, Inc. (XCHO.OB) Receives Exclusive License to Market and Distribute an FDA Approved Over the Counter Treatment for Chronic Pain

XenaCare Holdings, Inc. (XCHO.OB), a developer of uniquely positioned nutritional products, mass retail products and products for practitioners, recently announced that the company has received the exclusive U.S. license to market and distribute an FDA approved homeopathic treatment for chronic pain. Chronic pain currently affects more than 50 million people throughout the United States. In 2005, U.S. sales of prescription and non-prescription pain management products totaled more than $20.4 billion. Frank Rizzo, chief executive officer of XenaCare Holdings, stated, “We are extremely enthusiastic about this product, as it represents one of the first non-narcotic treatments for chronic pain. As we…

WednesdayMay 27, 2009 6:56 am

GTX Corp. (GTXO.OB) Signs Platform Test Agreement to Bring GPS Shoes to Senior Market

GTX Corp and Aetrex Worldwide, Inc. have entered into a platform test agreement with plans to collaborate on the development and mechanical engineering of GTX’s patented PLS (Position Location System) 2-way transceivers and software systems to track the location of "wandering" seniors afflicted with dementia. "There are a growing number of seniors suffering from dementia and we know over 50% 'wander' without anyone's knowledge of where they are and where they are heading," stated Chris Walsh, an ex Nike executive and current COO of GTX Corp. "The shoe we intend on developing with Aetrex should help authorized family members, friends,…

WednesdayMay 27, 2009 6:35 am

Osteologix, Inc. (OLGX.OB) Announces Patent Allowance for Novel Osteoporosis Drug

Osteologix, Inc. announced this morning that is has received a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for its U.S. Patent Application titled "Water-Soluble Strontium Salts for Use in Treatment of Cartilage and/or Bone Conditions." The reported allowance of claims covers the treatment of osteoporosis and related bone conditions using NB S101 (strontium malonate), the company's lead osteoporosis drug candidate. The company anticipates that the patent will be issued in the second half of 2009. According to the press release, the patent's 20-year term would expire in 2024. Additionally, the company has a number of other…

WednesdayMay 27, 2009 6:20 am

Veramark, Inc.’s (VERA.OB) VeraSMART Named 2008 Communications Solutions Product of the Year

Veramark Technologies, Inc., a leading provider of Telecom Expense Management (TEM) solutions, announced that its VeraSMART(R) Communications Management Suite has received the 2008 Communications Solutions Product of the Year Award from Technology Marketing Corporation (TMC). Providing an environment for full product lifecycle telecommunications expense management, VeraSMART helps organizations gain visibility into their communications networks and reduce expenses associated with their voice, data, and wireless services and infrastructure. The management suite provides a holistic view of all telecom and IT expenses and gives organizations the technology needed to control those costs more effectively. "Telecom Expense Management is a services market and…

WednesdayMay 27, 2009 6:08 am

Seamless Corp. (SMWF.OB) Subsidiary to Launch Additional Products Early Next Month

Seamless Corporation announced before the opening bell today that its subsidiary, Seamless Sales, will offer additional products direct from certain manufactures once the eCommerce website goes live June 1, 2009. The subsidiary will also be announcing the winner of the Mail Mate Shredder drawing tomorrow. Those who created an account at its eCommerce website before midnight May 26, 2009 were entered in the drawing. "We are pleased that additional manufactures are agreeing to let us sell their products through our website which goes live on June 1," commented Albert Reda, CEO of Seamless Corporation, "and I want our shareholders to…

WednesdayMay 27, 2009 6:00 am

ECOtality, Inc. (ETLY.OB) Listed as One of Entrepreneur Magazine’s Companies to Watch

ECOtality, Inc. announced that is has been listed by Entrepreneur magazine as one of the nation’s 100 Brilliant Companies to Watch. Specifically, ECOtality is listed within the Alternative Energy category, which the magazine considers to be one of the 10 hottest industry categories. “Companies like ECOtality are proving that with brainpower, determination and good timing, businesses can trump even the toughest of economic challenges,” stated Amy Cosper, VP/Editor in Chief of Entrepreneur. “Those named to the 100 Companies to Watch are just that—ones to watch—that could reach new heights for growth among 10 industries with a combined $5 trillion in…

WednesdayMay 27, 2009 4:55 am

EV Innovations, Inc. (EVII.OB) Points To Critical Importance of Electric Vehicles

EV Innovations, Inc. gives drivers all over America the opportunity to enjoy driving electric vehicles of every shape and size. But it also offers the country something far more important: a realistic answer to our energy and pollution problems, with multiple benefits over other proposed solutions. It does this through the application of advanced lithium ion battery technology to the electric car, making plug-in all-electric vehicles more advantageous than ever before. With one look at the facts behind the technology, it becomes clear that the future transportation needs of the world will be met in part with electricity. • Battery…

TuesdayMay 26, 2009 12:59 pm

Sector 10, Inc. (SECI.OB) Appoints Vice President of Operations and Chief Operations Officer

Sector 10, Inc. announced this morning that John Gargett, who currently heads the Operations Committee on the Board of Directors, has been appointed to the position of Vice President of Operations and Chief Operations Officer. Mr. Gargett is already working with Sector 10 to formulate a 5-year growth strategy. After a comprehensive review of Sector 10, Mr. Gargett is convinced that Sector 10's prospects for growth are substantial. He stated, “The products and services that we offer are revolutionary in the potential for saving lives. The SRU has profound implications for protecting people confronted with life-threatening situations and the MRU…

TuesdayMay 26, 2009 10:00 am

Energtek, Inc. (EGTK.PK) Boasts a First-Class Advisory Board

Energtek Inc. is a world leader in the development of absorbed natural gas technology. The company develops and applies proprietary low-pressure storage technology to provide complete well-to-wheel pipeless natural gas supply solutions to industrial customers and fleets of small vehicles. Energtek's technologies deliver natural gas from any natural gas source to the consumer, even in cases where no gas pipeline and compressing infrastructure exists. To help guide the company, Energtek has a first-class advisory board whose members have many years of experience in various industries. The members of the advisory board include: Douglas Horne (USA) – Mr. Horne is president…

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