Blog - Page 4032 of 5622

FridayAug 28, 2009 7:23 am

U.S. DOE Announces Recovery Act Funding for up to 2,800 Natural Gas Vehicles

Westport Innovations Inc., a global leader in alternative and low emission transportation technology, announced that the U.S. Department of Energy’s “Clean Cities” program has awarded the company with a grant of $300 million. This grant will help fund 25 cost-share projects across the United States, adding 9,000 alternative fuel and energy efficient vehicles and building 542 new refueling stations. Based on this development, the company has received funding for the development of approximately 500 LNG trucks and 2,300 CNG vehicles. Westport anticipates that a significant portion of these vehicles will be sourced from various manufacturers and will utilize either Westport's…

FridayAug 28, 2009 7:21 am

ATS Medical Inc. (ATSI) Awarded FDA-Approval for Cardiac Study of Aortic Valve Replacement

ATS Medical Inc. manufactures and markets advanced cardiac surgery products and services through its heart valve disease therapy and surgical ablation of cardiac arrhythmias segments. The company yesterday announced FDA-approval for a first-of-its-kind clinical study in which cardiac surgeons will implant ATS Medical’s ATS 3f® Aortic Bioprosthesis in patients under the age of 60, a population not yet studied in a controlled and scientific manner. Astrid Berthe, vice president of Regulatory Affairs, said the FDA’s decision is a milestone that will raise the bar in aortic valve replacement. "We are encouraged by the FDA approval to pursue this landmark opportunity…

ThursdayAug 27, 2009 3:36 pm

The Sun is Rising

Most people associate solar power with photovoltaic cells used to generate electricity, or perhaps solar water heaters, or even large solar power plants, where the heat of the sun is used to produce steam which runs turbines to produce electricity. It’s easy to forget that most other energy sources also trace back to the sun. The simplest of fuels, wood, is produced when trees capture the sun’s energy to build the hydrocarbons necessary for growth. Fossil fuels come from buried organic matter produced ages ago from ancient plants that also depended upon the sun. Wind energy comes from the sun…

ThursdayAug 27, 2009 3:26 pm

Dreams, Inc. (DRJ) Reports Loss for Quarter

Dreams, Inc. (DRJ) reported a net loss of $1.1 million, or ($0.03) per share, for its second quarter ending 6/30/2009. The company reported a similar loss in the same quarter of 2008. Revenues in the quarter were $12.2 million, down 10% year over year. Ross Tannenbaum, the CEO of Dreams, Inc. said, “We navigated our way through the turbulent first and second quarters with our business models and confidence intact, and no erosion of our margin. The additional challenge that the Company faced earlier this year was the forced liquidation of inventories by numerous retailers which mitigated our sales opportunities…

ThursdayAug 27, 2009 12:59 pm

Artificial Life Inc. (ALIF.OB) is “One to Watch”

Artificial Life Inc. is a leading full service provider of award-winning mobile technology, games, and applications. Founded in 1994, Artificial Life Inc. went public in 1998. Headquartered in Santa Monica, California, the company has their production center in Hong Kong as well as additional offices in Berlin, Germany, and a sales office in Tokyo, Japan. Artificial Life provides mobile broadband 3G technology, mobile participation TV, mobile gaming, content, and mobile business applications. They also provide mobile advertisement and product placements and mobile aggregation and distribution. Artificial Life provides 2D and 3D multi- and single player rich-media applications for 3G, 3.5G/HSDPA…

ThursdayAug 27, 2009 12:10 pm

Suspect Detection Systems, Inc. (SDSS.OB) Joins with Gujarat to Combat Terrorism

Suspect Detection System Inc. is a leading developer of proprietary counter-terror and crime technology. The company's products are designed to gather intelligence quickly through a unique interrogation system, allowing for identification of threats in real-time and the ability to prevent incidents before they occur. The company's technology will soon be adopted in Gujarat, India. Gujarat is the western most state in India and home to some of the major ports and largest industries in India. It was also the birthplace of Mahatma Gandhi. In recent years, it has also been the scene of terrorism between Hindus and Muslims. The state…

ThursdayAug 27, 2009 11:18 am

Juhl Wind, Inc. (JUHL.OB) Secures $1 Million Turbine License and Distributorship

Juhl Wind Inc. announced earlier today that its Next Generation Power Systems subsidiary (NextGen) completed a $1 Million License and Distributorship Agreement with SureEnergy, covering Indiana, Michigan and Ohio. As agreed, NextGen provided its first-ever exclusive territory distributorship along with the rights to manufacture its 33 kW on-site, small wind turbine system. According to the press release, the management team will be discussing the arrangement as well as its progress on large wind farms during its Quarterly Review conference call later today. “As we reported earlier this year, our NextGen small turbine business has been growing rapidly and as a…

ThursdayAug 27, 2009 11:06 am

Skinny Nutritional Corp. (SKNY.OB) Beverages Added to All Harris Teeter Locations

Skinny Nutritional Corp. announced that its Skinny Water® beverage line will be available in all 188 Harris Teeter® locations. With this announcement, the total number of chain-authorized stores selling Skinny Water® now totals more than 3,400. In addition to nationwide authorization at Target, Skinny also has regional authorizations with ACME Markets, Giant Food Supermarkets, Shoppers Food, Gelsons, Shaw’s, amongst other retailers. “We are happy to have Harris Teeter expand the availability of Skinny Water into the Southeast. Harris Teeter shoppers enjoy superior quality products and Skinny Water’s superior taste, natural and functional ingredients, without any calories, sugar, sodium, or carbs…

ThursdayAug 27, 2009 10:57 am

Bond Laboratories, Inc. (BNLB.OB) Expands Product Reach to Arizona

Bond Laboratories, Inc., a leading manufacturer and marketer of proprietary health supplements and beverage products, today announced that it has added Greene Beverage Co. to its Fusion Premium Energy products distribution network. “We are very excited about our relationship with Greene Beverage Company,” commented Scott Slocum, President of Bond Laboratories Fusion Premium Energy division. “The agreement with this distributor continues our strategy of partnering with companies that are entrenched in their communities, and market leaders in beverage distribution and customer service.” Operating for more than 70 years, Greene Beverage Co. delivers Budweiser® beers and a selection of non-alcoholic beverages to…

ThursdayAug 27, 2009 10:49 am

Somaxon Pharmaceuticals Inc. (SOMX) Prepares for December Insomnia Decision from FDA, Trims Costs and Generates Capital

Working in the big leagues of the pharma world allows little room for error. Make a misstep and quite a bit of capital can be lost. Get the process right, however, and quite a bit of profit can be made. Starting out as a development stage company, in this regard, is never easy but if that first product can get to market, profit will flow for the investor that sticks with it from the beginning. Somaxon Pharmaceuticals inc., a development stage biotechnology company, works to develop specialty pharmaceutical products directed at disease and psychological issues. It is, for the most…

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