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MondayJun 29, 2009 3:46 pm

June 29th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACTC, CBAI, CICS, CVM, DKAM, ICLK, IMUC, ITUI, PHC Markets finished mixed this week, as early sell offs on Monday and Tuesday were recouped later in the week following some notable earnings releases and some conflicting news on the economic front highlighted by the Fed's rate decision on Wednesday. All told, the Dow ended down 1.2% on the week, losing 101 points to close at 8438, bringing its YTD losses to 3.9%. The Nasdaq gained 0.6% to close at 1827, up 16.6 on the year, while the S&P 500 and Russell 2000…

MondayJun 29, 2009 1:28 pm

Micro Imaging Technology, Inc. (MMTC.OB) Joins with OPH Ltd. in Development Deal

Micro Imaging Technology, Inc. announced that it has entered into a strategic business development relationship with OPH Ltd. Hong Kong, crucial to securing a manufacturing partner in Asia. OPH will also develop this market for the Micro Imaging Technology (MIT) 1000 Rapid Microbial Identification System by working closely with existing MIT and its distributors to identify and select other strategic partners to expand the company's business in Asia. MIT recently received Performance Test Method Certification for the Identification of Listeria from the AOAC Research Institute and is now focused on accelerating the commercialization of the MIT 1000. David Harris, chairman…

MondayJun 29, 2009 1:27 pm

Axial Vector Energy Corp. (AXVC.PK) Licensed to Produce Multi-Fuel Engines in Malaysia

Axial Vector Energy Corporation recently announced the sale of its first license to produce its multi fuel "work horse engines" in Malaysia. Premier Group, with headquarters in Kuala Lumpur, Malaysia signed the exclusive license agreement covering Malaysia, Indonesia and parts of Southeast Asia. The company agreed to produce a minimum of 5,000 workhorse engines to be configured for palm oil use only. The agreement calls for a non-refundable fee of $500,000 dollars as well as a durability pilot site for 5,000 hours. On completion of the durability testing, Premier will provide contract production in SE Asia for the engines, or…

MondayJun 29, 2009 10:59 am

Epazz Inc. (EPAZ.OB) Reports 90% Level of Customer Renewal Rates

Epazz Inc. provides software solutions and Web applications to small and mid-size businesses, educational institutions, government agencies and more. The company today announced that its maintenance renewal rates for its Agent Power and DeskFlex Web-based software products exceed the 90-percent level. The company attributes the trend to its customer service and product offering. In the press release, the company notes the positive feedback it has received regarding its timeliness and quality of support and general IT consultations. Epazz chairman and CEO Shaun Passley said the trend of the renewal rates are expected to continue as the company’s products are applied…

MondayJun 29, 2009 10:19 am

Launch Date Has Been Set as eDOORWAYS Corp.’s (EDWY.PK) 2nd Shareholder Call Wraps Up With High Expectations of Meeting October Benchmark With New Lead Architect in Driver’s Seat

Spirits are sky high at the eDOORWAYS Corporation (PINKSHEETS: EDWY) as Chairman & CEO, Gary Kimmons and Kristen Claflin, Brand Marketing and Site Monetization Strategist, just wrapped up a call with company shareholders. In the company's 2nd and possibly most important call of the year, Kimmons committed to a launch date of October 1st, 2009. However the climax of his announcement came when Kimmons disclosed that the company has already secured former speakTECH Lead Solutions Architect to act as the company's internal technology architect. Gary Kimmons immediately began the call with what shareholders wanted to know most -- the launch…

MondayJun 29, 2009 10:03 am

Neah Power Systems, Inc. (NPWS.OB) is “One to Watch”

Neah Power Systems, Inc. is developing long lasting, efficient, and safe power solutions for portable electronic devices. These devices include notebook PCs, military radios, and other computer, entertainment, and communications products. Founded in 1999 by Leroy Ohlsen and Michael Fabian, Neah Power has grown to include a world-class engineering and scientific team from around the world. Prototype development continues and the company expects to make their energy products commercially available this year. Neah Power Systems uses a patented, silicon-based design for their micro fuel cells. This enables higher power densities to enable lighter-weight, smaller form factors and lower costs. The…

MondayJun 29, 2009 9:54 am

China Auto Logistics, Inc. (CALG.OB) Receives Approval for Listing on the NASDAQ Capital Market

China Auto Logistics Inc., a Chinese importer of luxury automobiles, provider of one stop automobile logistics services and dealer financing, and operator of three of China's leading automobile-related websites, announced this morning that the company's common stock has been approved for listing on The NASDAQ Capital Market. According to the press release, the stock will commence trading at the open tomorrow with a new trading symbol: CALI. Mr. Tong Shiping, CEO and President of the Company, commented, "We are extremely pleased to have received approval to list on NASDAQ for a variety of reasons. First, we believe NASDAQ is recognized…

MondayJun 29, 2009 9:21 am

eDOORWAYS Corp. (EDWY.PK) Will Announce “Solve” Launch Date This Morning on 2nd Shareholder Conference Call of 2009

eDOORWAYS Corporation's Chairman & CEO, Gary Kimmons and Kristen Claflin, the company's Brand Marketing and Site Monetization Strategist, prepare to address the market in just a few short hours. Today, Monday, June 29th, 2009 at 11:00 a.m. (ET), the company intends to announce the 2009 launch date of the "SOLVE" doorway and its highly anticipated Consumer 3.0(SM) web platform. "This is going to indeed be an exciting moment for eDOORWAYS... a milestone met," says Gary Kimmons. "With the upcoming launch date announcement along with some other topics we intend to cover in detail, we believe the 'take away' will be…

MondayJun 29, 2009 9:16 am

Sector 10, Inc. (SECI.OB) Continues To Grow International Team

Sector 10, Inc., the emergency response systems company focused on pre-deployment of life-saving resources for building occupants and emergency responders, has made a point of recruiting senior level people with national and international experience in emergency response and preparedness. The approach clearly represents a long-term strategy of building a strong link to key organizations and decision makers around the world, creating an unparalleled foundation for the company’s future growth. Sector 10’s commitment to this policy was reflected by their recent announcement that Hugh Neville Cholmondeley, a form senior level UN official with 28 years of international experience in disaster preparation…

MondayJun 29, 2009 9:09 am

Raptor Pharmaceuticals Corp. (RPTP.OB) Looks to Be on the Move as Deal with Roche Takes Hold

When considering development stage biotechnology companies, one needs to be aware. There are companies that may appear to be in the backwaters, but then jump to the fore. This is just the nature of the biotechnology beast. Finding and catching the beast is the trick, and it holds no guarantee of success. Playing the game of finding the beast is a skill, but one that can be very profitable. Raptor Pharmaceuticals Corp., a development stage biopharmaceuticals company, works to develop pre-clinical products through its proprietary delivery platform. The company is currently working with several products in the phase II and…

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