Blog - Page 4029 of 5549

MondayJun 15, 2009 7:49 am

The UpTurn Inc. (UPTR.PK) Led by a Strong Management Team

The UpTurn Inc. is developing an innovative online real estate matchmaking exchange where residential real estate market participants are matched with each other based on their individual profiles and intended roles in the market. The UpTurn intends to serve all participants in the residential real estate industry. The company is led by a very strong management team with a broad range of experience. The UpTurn’s management team includes: Jeffrey M. Eckman, CEO – Mr. Eckman founded Blue Green Ventures in 2008 and has over 15 years of leadership experience in the technology, media, and healthcare industries. His background includes a…

MondayJun 15, 2009 7:38 am

Aura Systems, Inc. (AUSI.OB) Signs Korean Distribution Agreement for Its AuraGen Products

Aura Systems, Inc. announced that it entered into an exclusive commercial and industrial distribution agreement for its AuraGen products in the Republic of Korea. According to the terms of the 5-year agreement, Genergy Inc. (the distributor) will purchase a minimum of $9.5 million of AuraGen products over the contract life. Genergy Inc. has also agreed to prepay the first $500,000 of orders. Furthermore, Genergy has subscribed to $1,000,000 in a private placement for Aura’s common stock. Mr. Bryan Lee, Genergy’s CEO, stated, “We are very pleased to represent Aura’s revolutionary mobile power solution (AuraGen) in Korea. In recent years there…

MondayJun 15, 2009 7:33 am

Solar Energy Initiatives, Inc. (SNRY.OB) Reports Strong Results for Recently Ended Quarter

Solar Energy Initiatives, Inc., a company focused on helping redeploy a portion of the U.S. workforce while reducing the world’s dependence on fossil fuels, announced today its financial results for the quarter ended April 30, 2009. David Fann, CEO of SNRY, stated, “Solar Energy Initiatives’ solid third quarter results coupled with the strong preliminary fourth quarter data provide management with an exciting outlook regarding the direction of the Company. Since inception, the Company has remained dedicated to its strategic business model of growing its dealer network, securing high margin commercial contracts and expanding the Company’s overall market footprint.” He continued,…

MondayJun 15, 2009 5:29 am

Western Commercial Bank (WCBH.OB) Hires Robert W. Kagy as Senior Vice President

Western Commercial Bank, a provider of financial services to small and mid-sized businesses, entrepreneurs and professionals in San Fernando Valley, recently announced the hiring of Robert W. Kagy as senior vice president, regional manager. With more than 30 years experience in the banking industry, Mr. Kagy has an extensive background in San Fernando Valley working with small- and medium-size businesses, specializing in commercial lending, business financing and commercial real estate. Mr. Kagy has served in numerous capacities as a senior officer of banking institutions, most recently with First Private Bank & Trust and Encino State Bank. He was also the…

MondayJun 15, 2009 5:28 am

Basic Earth Science Systems Inc. (BSIC.OB) Announces Completion of North Dakota Well in Bakken Formation

Independent oil and gas exploration and production company Basic Earth Science Systems Inc. recently updated shareholders on its Roscoe 2H-8 well in the Banks Prospect in eastern McKenzie County, N.D. The company announced the well went into production in early May 2009, testing at a rate of 543 barrels of oil, 1,185 thousand cubic feet of gas, and 122 barrels of water per day. The well currently flows at a rate of 300 barrels of oil a day, and is drilled and operated by Basic Earth’s partner, Panther Energy Company LLC, out of Tulsa, Oklahoma. Basic Earth holds a 6.5…

MondayJun 15, 2009 4:41 am

NASA Features EV Innovations Inc.’s (EVII.OB) LiV(TM) DASH All Electric Vehicle in Motorweek Autoworld Article

EV Innovations Inc., designer & engineer of emission-free automotive propulsion systems using the latest lithium battery technology, was proud to announce today that NASA featured their LiV™ DASH, an all electric version of the Smart Car, in MotorWeek AutoWorld. The coverage also included information on the organization's practice of environmentally friendly fuel alternatives. NASA currently uses the company's LiV™ DASH, LiV™ FLASH, an electric version of the Mini Cooper, and the LiV™ SURGE, a converted PT Cruiser, to serve the needs of various areas within the high security compound. Each vehicle provides different levels of passenger capacity, drive ranges and…

MondayJun 15, 2009 4:33 am

Suspect Detection Systems Inc. (SDSS.OB) Sells Mobile Cogito Interrogation System in Central Asia

Suspect Detection Systems Inc., a leading developer of counterterror and crime prevention technology, announced this morning that it has sold the Cogito4(TM) Mobile Interrogation System to a Federal Law Enforcement Agency in Central Asia. This sale is the first to a federal agency in a nation of the Former Soviet Union. Using automated Cogito technology, investigative law agencies can rapidly screen and interrogate suspects to detect the hostile intent of suspected criminals and terrorists. Small enough to fit in a handheld suitcase, the mobile system enables interrogation to take place at crime scenes and in the field, in addition to…

FridayJun 12, 2009 12:57 pm

FormCap (FRMC.PK) Announces Cancellation of Joint Venture

FORMCAP CORP (FRMC.PK), a product and services development company, today announced that the Option to enter into a Joint Venture Development and Operating agreement with MLXjet, Inc. and MLXjet Media Corp, both of Vancouver B.C., announced by FormCap March 17, 2009, has lapsed. The Parties to the agreement were unable to negotiate an acceptable extension to the option and have agreed that the arrangement between the parties be canceled in its entirety.

FridayJun 12, 2009 9:44 am

Consorteum Holdings, Inc. (CSRH.OB) is “One to Watch”

Consorteum Holdings, Inc. (CSRH) is focused on providing financial services, electronic transaction processing and management services to financial institutions, healthcare, government, public and private sector companies. The company’s services provide customized, innovative technology solutions that create, augment and enhance their clients’ existing financial, payment and transactional processing systems. The company offers clients a long-term strategic plan utilizing the most technically advanced global solutions available today. By working with a multitude of global technologies, Consorteum is able to create exceptionally customized programs. This approach enables unparalleled flexibility when sourcing solutions, resulting in smarter, faster deployment of technologies, competitive pricing, and potential…

FridayJun 12, 2009 8:55 am

Axial Vector Energy Corp. (AXVC.PK) JV’s Recently Announced Russian Patent for Oil Technology

In May, Axial Vector Energy Corp. announced that its PETRO AVEC Joint Venture partner, Petrosonics LLC, recently received a Russian patent protecting the purification process that removes sulfur and nitrogen compounds from diesel oil, FCC cycle oil, FCC slurry oil, light/heavy gas oil and coker gas oil fractions. The patent will remain in effect for 20 years with the possibility of an additional five-year extension. According to the U.S. Energy Information Administration, Russia has 41 oil refineries with a total crude oil processing capacity of 5.4 million bbl/d, and produces significant amounts of heavy fuel oil, middle distillates, and gasoline.…

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