Blog - Page 4011 of 5521

TuesdayJun 02, 2009 6:32 am

China Advanced Construction Materials Group, Inc. (CADC.OB) Lands $3.3 Million Railway Contract

China Advanced Construction Materials Group, Inc., a leading provider of ready-mix concrete and related services in China, announced that it has been given a new contract to provide ready-mix concrete for a major railway construction project in China. According to the press release, the company will provide the concrete under its new manufacturing services business line, whereby China ACM produces the ready-mix concrete and the general contractor supplies the raw materials. It is anticipated that the contract will generate approximately $3.3 million over a two year period. Mr. Xianfu Han, Chairman and Chief Executive Officer, stated, "We are pleased to…

TuesdayJun 02, 2009 6:23 am

Steel Vault Corp. (SVUL.OB) Subsidiary’s Subscriber Number Surpasses 10,000 in May

Steel Vault Corp., a premier provider of identity security products and services, announced this morning that its NationalCreditReport.com subsidiary recognized a 2,685 gain in subscribers to reach a total of 10,205 active subscribers at the end of May 2009, a month-over-month increase of 36% percent. After the trial period, subscribers pay a monthly fee for continued credit monitoring, credit reports and other identity theft protection services. William J. Caragol, Steel Vault’s Chief Executive Officer, stated, “In a relatively short period of time, we have surpassed 10,000 subscribers, thereby achieving another significant milestone in our growth. We will continue to carefully…

TuesdayJun 02, 2009 6:15 am

QuantRx Biomedical Corp. (QTXB.OB) Further Expands Its Intellectual Property Suite

QuantRx Biomedical Corp., a diagnostic company focused on developing and commercializing innovative diagnostic products, today announced that the U.S. Patent and Trademark Office (USPTO) has issued a new patent extending its lateral flow testing intellectual property suite. This new patent will add significant protection as QuantRx enters the market with its hypersensitive point-of-care lateral flow based system. Together with the patented Q-reader technology, QuantRx is able to provide CLIA (Clinical Laboratory Improvement Amendments) waived Point-of-Care (POC) tests that other technologies cannot offer. “This milestone event for QuantRx marks the culmination of over a decade of research by our exceptional R&D…

TuesdayJun 02, 2009 5:29 am

Kraig Biocraft Laboratories, Inc.’s (KBLB.OB) Target Market

The market Kraig Biocraft Laboratories has targeted is commonly referred to as the “technical textiles” market. This market encompasses a wide range of products that are used for a large number of different types of applications. The products sold into the technical textiles market are either finished products in themselves or are used as components to produce other products. The specific sector of the technical textiles market targeted by Kraig Biocraft is known as the high-performance fibers market and can be broken down into two main areas: Aramid fibers, the best known of these fibers being DuPont’s Kevlar which produces…

TuesdayJun 02, 2009 5:21 am

U.S. Construction Spending Posts Surprising Gain

In April, construction spending in the U.S. rose 0.8 percent, the highest gain since August 2008, surprised economists who were expecting a decline of 1.2 percent. The unexpected gain in April is the second straight month that builders increased spending on construction projects around the country. Prior to the gain in March, U.S. construction spending had fallen for five consecutive months. Private builders increased spending on housing projects by 0.7 percent in April, which marked the first gain since August 2008. Private spending on all other construction projects other than residential ones jumped 1.8 percent during the same time period,…

MondayJun 01, 2009 3:39 pm

June 1st CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACCP, ACTC, CBAI, CVM, ENZ, ICLK, IWEB It was a relatively slow week on Wall Street with markets closed in observance of Memorial Day on Monday and a lack of any major developments throughout the week, but stocks managed to continue their upward swing despite the lack of significant catalysts. All told, the Dow managed to close up 2.7%, gaining 233 points to close at 8500, paring its year-tod-date loss to 3.1%. The Nasdaq gained 4.9%, closing at 1774, bringing its yearly gains to 12.5% while the S&P 500 and Russell 2000…

MondayJun 01, 2009 11:20 am

Phoenix Interests Inc. (PXNT.OB) Swaps Ticker, Updates Shareholders on Additional Changes to Come

Phoenix Interests Inc. this morning announced the immediate change of its corporate ticker on the OTCBB, from PXIT to PXNT. The switch reflects the company’s changing business plan, as it focuses on the upcoming launch of its new mobility technology strategy, targeting a rapidly growing global market for mobile solutions. To execute its changing business strategy, Phoenix Interests has laid out the blueprint for several significant changes in operations and corporate cosmetics. Phoenix Interests is in the final stages of its acquisition of Stonewall Networks, which will be the first of several planned acquisitions. Stonewall Networks plays into Phoenix Interests’…

MondayJun 01, 2009 11:16 am

EV Innovations, Inc. (EVII.OB): A Leader in Lithium-Powered Vehicles

EV Innovations, Inc. is an active player in the field of alternative fuel products, focused on marketing all sorts of lithium-powered products for consumers and business. The company has successfully converted numerous products into zero-emissions, lithium-powered vehicles and facilities including: cars, motorcycles, mopeds, work vehicles and homes. Perhaps the company's most well-known products are their INIZIO-EVS super car and their line of WAVE vehicles. These vehicles have made quite a splash recently in many major media outlets. EV Innovations WAVE vehicles, as displayed at the New York International Auto Show, have a unique aerodynamic design and high performance expectations. Due…

MondayJun 01, 2009 11:02 am

New Energy Technologies, Inc. (NENE.OB) Patents MotionPower™ Technology

Next-generation alternative and renewable energy developer New Energy Technologies, Inc. announced that it has filed nine new patent applications with the United States Patent and Trademark Office (USPTO) in order protect novel features of its recently prototyped MotionPower™ technology. According to the U.S. Energy Information Administration, coal and natural gas generate 70% of the United State's electricity. The environmental impact of greenhouse gas emissions, rising costs of non-renewable fuels, and the potential doubling of global electricity consumption in the coming years illustrates the need for creative, sustainable methods for generating electricity in the United States. In response, New Energy engineers…

MondayJun 01, 2009 10:56 am

XenaCare Holdings, Inc. (XCHO.OB) Receives Exclusive License for Detoxification Product

XenaCare Holdings Inc., a company specializing in consumer healthcare products, announced today that it received the exclusive license to market and distribute a cellular cleanse and detoxification product designed to remove heavy metals and toxins from the body. This product improves nutrient absorption, supports immune system function and reduces symptoms of allergies. Research also indicates that the product’s ingredients may help reduce viral replication and support healthy blood sugar levels. “Over the last few years, consumers have become increasingly aware of the significant health issues associated with environmental toxins,” commented Frank Rizzo, President of XenaCare Holdings. “We believe that our…

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