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ThursdayJun 11, 2009 6:28 am

ZAP (ZAAP.OB) Closes $2 Million Private Placement; To Use Funds for Operations and Accelerated R&D

ZAP announced this morning that it has closed on a $2 million private placement from the Banks Group LLC. The company has been a leader in electric transportation since 1994, delivering over one hundred thousand vehicles to consumers in more than seventy-five countries. ZAP offers a full line of electric vehicles, including electric city-cars and trucks, motorcycles, scooters, bicycles, and ATVs. Jeffrey G. Banks, the Group's principal and a current investor in ZAP, stated, "I strongly believe in ZAP's market attractiveness, especially as they begin transition into domestic production. Given the company's knowledge, experience and leadership position, there is no…

ThursdayJun 11, 2009 6:21 am

Artfest International, Inc. (ARTI.OB) Commences Aggressive Merger and Acquisition Campaign after Receiving $5 Million Equity Line of Credit

Artfest International, Inc. announced today that it has launched an aggressive merger and acquisition campaign. The company recently received a $5 Million equity line of credit through an investment banking agreement with Delaney Equity Group, LLC. Artfest International is currently in the process of acquiring Charity Sports Distributor, Inc. Artfest International is targeting organizations that will fit into its overall business model as well as synergize with its current subsidiaries, Art Channel, Inc. and Art Galleries, Inc. Some of the merger and acquisition candidates currently being evaluated are in a variety of sectors within the art, memorabilia and media industries,…

ThursdayJun 11, 2009 6:00 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Scientific Based Efforts have Extraordinary Potential

Kraig Biocraft Laboratories’ prospects to develop a “super fiber” that can be sold into the technical textiles industry are exciting. The company’s research and development efforts are based on solid science that has been developed by some of the world's leading genetic researchers. Kraig Biocraft is moving ever closer to the successful production of transgenic species to produce commercial quantities of spider silk. The physical properties of spider silk are quite remarkable and commercial production of these fibers will be viewed as a major breakthrough by the scientific community. Such a development would likely yield significant coverage in the general…

ThursdayJun 11, 2009 5:29 am

Global Giant in Asia and Superlattice Power, Inc. (SLAT.OB) Send Letter of Support to U.S. Department of Energy

Superlattice Power, Inc., an emerging leader in the development and marketing of next generation lithium-powered batteries worldwide, told investors last month that the Department of Energy, National Energy and Technology Laboratory will receive a letter of strong support from a global battery giant. This Asian company will not only train U.S. citizens, but will also produce battery packs at minimum cost using a semi-automatic system that has the capability of producing enough battery packs to meet the U.S. demand for hybrid and electric cars as proposed by President Obama. Superlattice Power Inc.’s initiative in developing electric vehicle battery packs has…

ThursdayJun 11, 2009 4:57 am

Genesis Electronics, Inc. (PRCC.OB) Plans Global Network of Licensed Distributors for Solar Cell Phone Chargers

Genesis Electronics, Inc., a developmental stage electronics company with a patented process for charging a battery from solar energy and efficiently transferring that energy to the battery of an electronic device, recently announced that the company will create an international network of authorized, licensed distributors to facilitate sales of its products. Holding a U.S. patent for a solar-powered charging technology, Genesis is completing development of a solar-powered charger for cell phones under the name SunBlazer™ and expects to bring the product to market within the next several months. The company’s solar-power charging technology can be used to greatly increase the…

WednesdayJun 10, 2009 10:26 am

eDOORWAYS Corp. (EDWY.PK) Signs Development Agreement With Developer of Intelligent Technology

eDOORWAYS continues preparation for the launch of its revolutionary Consumer 3.0 web based platform with the signing of Atlanta-based technology firm Technical Objectives. The developer of an award-winning artificial intelligence software, Technical Objectives represents one of the finishing touches to the growing team of expert consultants tasked with launching the eDOORWAYS platform this year. Technical Objectives possesses various technological capabilities which include development of rule-based intelligent systems, neural and probabilistic networks, automated planning and social network analysis. The company has extensive experience in deploying intelligent applications on financial and mortgage service sites as well as intelligent tutoring systems. Clients include…

WednesdayJun 10, 2009 10:14 am

Avalon Oil & Gas, Inc.’s (AOGN.OB) Paraffin Wax Mitigation Technology

Avalon Oil & Gas, Inc.’s technology arm acquires and develops oil production enhancing technologies from early stage licensing partners. The company's business model is to evaluate the commercialization potential of a technology and its market viability. If warranted, then Avalon will proceed to rapid prototype development and field test of the technology. One of Avalon's licensing partners is UTEK, Inc., a global technology transfer company that enables firms to rapidly acquire innovative technologies from universities and research labs worldwide. Through UTEK, Avalon has acquired a few new oil production technologies. One such technology license acquired by Avalon via UTEK is…

WednesdayJun 10, 2009 10:06 am

Suspect Detection Systems, Inc. (SDSS.OB) Tackles Challenge of Terrorists

Suspect Detection Systems, Inc. offers what it feels is one of the most significant developments in years for the prevention of terrorist attacks. The Israeli company has a way of detecting terrorist intentions long before any crime is ever committed. Although authorities may not be able to convict someone for their thoughts, they can take actions to prevent the person from carrying them out. In any event, it represents a major potential deterrent to terrorists or other people with criminal intent from entering a country where it is being used. The system acts like a highly advanced lie detector. People…

WednesdayJun 10, 2009 7:37 am

Defense Solutions Holding Inc. (DFSH.OB) Subsidiary Named Preferred Supplier of GAF Materials to Iraq

Defense Solutions, Inc., a wholly owned subsidiary of Defense Solutions Holding, Inc., announced that it is the preferred supplier of GAF Materials Corporation products to Iraq. Founded in 1886, GAF Materials Corporation has established itself as North America’s largest manufacturer of residential and commercial roofing. GAF Materials Corporation is recognized the largest roofing manufacturer in North America with annual sales totaling approximately $3 billion. GAF offers high quality products including roofing, decking and ductwork for both residential and commercial applications. GAF’s commercial roofing operation specializes in built-up, modified bitumen, and TPO single ply systems. “The government of Iraq has extensive…

WednesdayJun 10, 2009 6:49 am

Carnival Cruise Lines Awards Pro Travel Network Inc. (PTVL.OB) for Sales, Professionalism and Marketing

Pro Travel Network announced that it has been recognized in the industry for its sales, professionalism and marketing by Carnival Cruise Lines Awards. According to the press release, Carnival's top "Pinnacle Award" was given to the company as one of the top marketers of the "Fun Ship" vacation experience. Lynn C. Torrent, Carnival's Senior Vice President of Sales and Guest Services, stated, "Travel agencies are an important part of our distribution system, which is why we created the 'Pinnacle Club' to recognize those high-volume agencies like Pro Travel who are truly experts in their field and exhibit the highest levels…

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