Blog - Page 4124 of 5747

ThursdayOct 01, 2009 12:49 pm

Solar Energy Initiatives, Inc. (SNRY.OB) Announces Spin-Off of Solar Park Company

Solar Energy Initiatives Inc. is developing one of the fastest growing dealer networks in the United States that sells and installs solar solutions to homeowners and commercial customers. The company also aims to become a developer of solar parks, bringing together landowners, utilities and corporations to build large photovoltaic installations. The company announced today that it will be spinning-off its wholly-owned solar park company, Solar Park Initiatives Inc. For Solar Energy Initiatives shareholders as of October 15, 2009, they will receive one share of Solar Park Initiatives for every two common shares of SNRY that they own. To receive the…

ThursdayOct 01, 2009 12:47 pm

Intellicheck Mobilisa, Inc. (IDN) Receives Additional Funding for FAN Technology

Global leader in access control and wireless security systems, Intellicheck Mobilisa, Inc. announced today that it received a contract modification of additional funding for the company's Floating Area Network (FAN) and Littoral Sensor Grid wireless security buoy technology from the U.S. Navy. The contract modification adds $4,483,398. The company began testing the multi-purpose security buoy platform in 2008. The project, in collaboration with the U.S. Department of Defense and the University of Washington Applied Physics Lab, uses the company's FAN technology to improve waterside security. The buoys employ a high-capacity communications network grid for real-time monitoring of marine environments; they…

ThursdayOct 01, 2009 12:45 pm

China North East Petroleum (NEP) Expands into Oilfield Services, Buying up Tiancheng Drilling

China North East Petroleum Holdings Limited today announced the acquisition of controlling interest in Song Yuan Tiancheng Drilling Engineering Co. Ltd. (Tiancheng), via a $130-million USD purchase. NEP is a trailblazer in the privatized, crude oil production sector of Northern China, and is the first privately owned oil exploration and production operation to be traded on NYSE Amex. NEP has guaranteed access to Chinese markets for their crude oil due to an arrangement with PetroChina, and currently operates 4 large fields, including China’s largest, a 2,696-acre field with geological reserves estimated to be in excess of 37.4 million barrels. Tiancheng…

ThursdayOct 01, 2009 12:32 pm

eDoorways Corp. (EDWY.PK) to Kick-Off Pre-Launch Unveiling of “SOLVE”

eDoorways Corp. will be hosting an event today to introduce SOLVE, the company's first doorway, in Austin, Texas. Starting at 6:00pm and lasting till 10:00pm, the event will take place at the AT&T Executive Education and Conference Salon C, located at 1900 University Avenue in Austin. The company also told investors in a press release today that Gary F. Kimmons, Chief Executive Officer of eDoorways, can be viewed in the YouTube video "eDoorways Unveiling." In the video, Mr. Kimmons discusses the purpose of today's unveiling as well as his expectations. To view the video, click the following link: www.YouTube.com/watch?v=WHper0TGER8. "This…

ThursdayOct 01, 2009 9:23 am

Advanced Visual Systems Inc. (AVSC.PK) Enhances Real-Time Performance Monitoring for Major Global Enterprise

Advanced Visual Systems Inc., developer of data visualization software and solutions for leading Enterprises and Independent Software Vendors, today announced that it recently enhanced a leading corporation’s sophisticated application designed to monitor global production assets. The enhanced monitoring solution, created with the company’s feature-rich OpenViz software, effectively displays historic and real-time operating metrics streamed over the Internet from remote production facilities. Users are able to select from a substantial list of performance metrics, quickly creating highly interactive data visualizations to swiftly spot irregularities and trends. Developed with the purpose of aiding in optimizing asset utilization, reducing operating costs and increasing…

ThursdayOct 01, 2009 9:15 am

Muscle Flex, Inc. (MFLI.PK) Announces TV Promotional Plans for the Muscle Flex VATA Brasil(TM) Sports & Active Wear Collection

Muscle Flex Inc. announced this morning that it will produce and air a 2 minute direct response commercial for its Muscle Flex VATA Brasil(TM) Sports & Active Wear Collection ahead of its 30 minute TV program. Muscle Flex anticipates launching the Muscle Flex VATA Brasil(TM) Collection in October 2009 and the Exclusive Muscle Flex Premiere(TM) Collection by VATA Brasil(TM) early next year. Intended to kick off substantial ecommerce revenue as well as introduce the sassy, sexy and exciting styles of this one-of-a-kind active wear collection, the Muscle Flex VATA Brasil 2 minute commercial will be a "drive to the internet"…

ThursdayOct 01, 2009 9:03 am

Consorteum Holdings Inc. (CSRH.OB) Updates Investor Community

Consorteum Holdings, Inc. (OTCBB: CSRH) this morning issued a corporate update to investors concerning its business activities. Over the last 60 days, the company has engaged in several meetings and presentations with various corporations, private and public, to further the development of its Card Programs, Merchant Discount Rates and new Joint Venture business relationship. Through these meetings, Consorteum has identified several new key business opportunities that will lead to increased revenues in 2010-2011. As previously announced, the company has signed a joint venture agreement with Trans Screen Group. Through this joint venture relationship, the companies aim to expand into markets…

ThursdayOct 01, 2009 8:53 am

SANUWAVE Inc. (RBME.OB) Completes Reverse Merger with Rub Music Enterprises

SANUWAVE Inc. is an emerging medical technology company engaged in the development and commercialization of non-invasive, biological response activating devices. The company yesterday announced it is now the subsidiary of a publicly traded company through a reverse merger with a wholly owned subsidiary of Rub Music Enterprises Inc. (RME), effective September 25, 2009. Per the merger, SANUWAVE is the surviving entity. RME’s common stock is traded on the OTCBB under the ticker symbol “RBME”; however, SANUWAVE said it plans to change RME’s name and stock symbol to better fit SANUWAVE’s name. Christopher M. Cashman, president and CEO of SANUWAVE and…

ThursdayOct 01, 2009 8:50 am

TransDigm Group Inc. (TDG) Prices Private Note Offering

TransDigm Group Inc. announced the pricing of its $425 million Senior Subordinated Notes issue. The issue is a private offering that will close on October 6, 2009. TransDigm Group will use the proceeds of the offering to pay a special dividend to holders of its common stock. The amount of the special dividend will be in a range of $7.50-7.70. The bonds are exempt from registration under Rule 144A of the Securities Act of 1933. The company reported earnings of $0.82 in its fiscal third quarter that ended 6/27/2009. This was up 14% from the same quarter last year. Revenues…

ThursdayOct 01, 2009 8:45 am

iTech Medical, Inc. (IMSU.OB) Announces Update on MPR Clinical Development

The California based company iTech Medical has been gaining national recognition of late as being a leader in the medical information technology field. Today, iTech Medical took a major step towards enhancing their future when they provided an update on their clinical and regulatory plans for their proprietary Muscle Pattern Recognition (MPR) System. The MPR system is unique in that it is a patented clinical tool that analyzes patterns of muscles recruit and, more importantly, provides detailed physiological information on muscle function that can assist in the diagnosis and treatment of back and neck injury and illness. Currently, iTech is…

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