Blog - Page 4092 of 5592

TuesdayMay 19, 2009 9:01 am

Energtek, Inc. (EGTK.PK) Success Partially Based On High-Powered International Board

Energtek, Inc., a leader in alternative technologies for the storage and movement of natural gas, leverages the strengths of its Board of Directors as it seeks to grow internationally. The company uses ANG (Adsorbed Natural Gas) and other technologies to supply natural gas for industrial and commercial consumers not connected to a gas network using bulk transportation solutions. This allows Asian countries to tap their vast reserves of economical and clean natural gas without having to lay an extensive network of pipelines or use costly compressed natural gas transportation. In addition, Energtek’s proprietary technologies are now being used to convert…

TuesdayMay 19, 2009 7:38 am

SkyPostal Networks, Inc. (SKPN.OB) Reports Financial Results for 2009 First Quarter

SkyPostal Networks, Inc., the largest private postal network in Latin America, this morning announced its financial results for the first quarter ended March 31, 2009. Highlights include: First quarter revenue of approximately $2.6 million and a net loss of $0.01 per basic and diluted share Completion of strategic acquisition of LEL to lower costs and increase SkyPostal’s competitiveness in the Latin America market Opening of a mail processing hub in Bogota, Colombia to reduce air transport, mail processing costs and improve mail delivery transit times “We are pleased with the progress we made on our business objectives in the first…

TuesdayMay 19, 2009 7:30 am

ERF Wireless (ERFW.OB) Adds Energy Sector Expert Douglas Gibson to the Team

Today, ERF Wireless, a leading provider of enterprise class wireless products and services, announced that Douglas S. Gibson, a world-class energy industry consultant, will be joining the ERF Wireless team. “We’re very pleased that Douglas has agreed to join the team,” stated John Nagel, CEO of the Oil & Gas Division of ERF Wireless. “We are confident that the experience he brings, both in terms of business strategy and energy consultation, will have a tremendous impact on both our immediate and long-term goals. He has operated between the oil centers of the world seeking the best and latest energy-related technologies,…

TuesdayMay 19, 2009 6:21 am

Axial Vector Energy Corp. (AXVC.PK) Selects Technology Transfer Agent and Schedules Open House Presentation

Axial Vector Energy Corp. was pleased to announce today the nomination and finalization of its technology transfer contractor in the United States, EngineTec, Inc. The contractor has served as systems integrator for the engines and generators on behalf of Adaptive Propulsion Systems and will now work with AVEC to transfer the technology to the licenses. The company also announced that it has planned an open house to demonstrate its engines and generators. All shareholders are invited to attend and invitations are being sent to manufacturers of cars, trucks, gensets, elevators, electric motors, environmental groups, state and local officials in Virginia,…

TuesdayMay 19, 2009 5:29 am

Skinny Nutritional Corporation (SKNY.OB) Reports Financial Results

Skinny Nutritional Corp. announced revenues of $1,125,700 for the three month period ending on March 31, 2009. Compared to the period ending March 31, 2008, in which the company posted $43,400 in revenue, this represents an increase of $1,082,200. The company attributes this increase to an expansion of their distribution network in 20 states; As a result, Skinny Nutritional Corp. sold 130,700 cases of Skinny Water for the three months ending March 31, 2009 compared to 7,300 cases for the same period in 2008 (1 case = twelve 16 ounce bottles). Additionally, Skinny Nutritional Corp. reported a net loss of…

TuesdayMay 19, 2009 5:27 am

Aura Systems, Inc. (AUSI.OB) Welcomes Dr. Michael McElfresh to Their Team

Aura Systems, Inc. announced yesterday that Dr. Michael McElfresh joined the Company’s technical and management team. With a Ph.D in Solid State Physics from the University of California-San Diego, Dr. McElfresh has over 20 years of experience in academia and with high tech companies. Prior to joining Aura, he served as a Staff Consultant at the Argonne National Laboratory, Director of Product line Management at OptiSolar, and held numerous positions at Lawrence Livermore National Laboratory. Additionally, he was a tenured professor of Physics at Purdue University. Dr. Art Schwartz, Aura’s CTO said, “We are very pleased to have Dr. McElfresh…

TuesdayMay 19, 2009 5:23 am

Ecosphere Technologies, Inc. (ESPH.OB) Announces Successful Results of Fayetteville Shale Testing

Ecosphere Technologies, Inc., a diversified water engineering and services company primarily focused on the natural gas industry, recently announced the successful results of the company’s pilot Fayetteville Shale testing. Ecosphere's mission is to identify, create and produce clean technologies that are economically viable and improve the quality of life and protect the environment. According to results from an independent lab, the tests confirmed that the EcosFrac technology killed the bacteria and passed the seven-day test for sulfur reducing bacteria at Ecosphere's stated flow rate. The company’s EcosFrac process is a non-chemical electro-ozonation procedure that kills bacteria in frac water at…

TuesdayMay 19, 2009 5:19 am

Harbin Electric, Inc. (HRBN) Enters Agreement to Co-Develop Linear Motor-Driven Train System

Harbin Electric, Inc., a company focused on developing and manufacturing a wide array of electric motors in the People's Republic of China, announced that it has inked an agreement with a domestic Maglev technology company to co-develop a linear motor-driven freight train system for coal transportation. First, the two companies plan to build a 850 meter long testing line in a coal mine in inner-Mongolia. Once the testing line is completed, the project is anticipated to expand to a 32 km long coal transportation line in inner-Mongolia. As terms of the agreement, Harbin Electric will provide linear motor driving systems…

TuesdayMay 19, 2009 5:11 am

Intelligroup, Inc. (ITIG.OB) Receives 2009 SAP(R) Pinnacle Award

Intelligroup, Inc, an information technology and outsourcing services provider primarily focused on enterprise resource planning (ERP) and extended ERP solutions, announced this morning that it has been awarded a 2009 SAP(R) Pinnacle Award in the category Top Company Contributor - SAP Developer Network (SDN) Community. SAP Pinnacle Awards are granted to leading SAP partners that have demonstrated exceptional customer experience, addressing crucial issues such as accelerating co-innovation and improving return on investment. Winners were chosen from 300+ nominations, twice the number in 2008, received from partners and SAP employees. "Our commitment and dedication to creating value for our customers and…

MondayMay 18, 2009 3:36 pm

May 18th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACTC, AEN, CBAI, CVM, ENZ, ESYM, FMTI, GERS, ICLK, ITUI, IWEB, PHC, TAGS The rally that saw investors flooding back into equity markets with reckless abandon over the course of the last two months finally stalled last week, as profit-taking, coupled with some negative developments on the economic front, led to declines in all the major indices. All told, the Dow surrendered 306 points to close at 8268, down 3.6% on the week and 5.8% on the year. The Nasdaq finished marginally better, posting a 3.4% decline to finish at 1680 on…

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