WednesdayOct 15, 2008 6:09 am

MRV Communications, Inc. (MRVC) Optiswitch Chosen for Use By The Storage Networking Industry Association At Convention

MRV Communications, Inc. (NASDAQ: MRVC) announced that they were chosen to be the official Ethernet interconnect for the “Hands-on Lab” at Storage Networking World. Products from MRVs OptiSwitch line of gigabit and 10-gigabit ethernet switches will connect various lab environments at the convention, held this week at the Gaylord Texan Hotel in Dallas. The Storage Networking World biannual Hands-On Lab features security and "virtualization" environments from 24 technology companies. The lab provides IT end-user attendees the opportunity to test-drive the latest technologies in a classroom setting led by engineers who create the technology, a company news release states. “Storage area…

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TuesdayOct 14, 2008 2:52 pm

Simtrol, Inc. (SMRL.OB) Offers Advanced Modules to Provide Benefits for Users

Digital displays, security cameras, interactive whiteboards, DVRs, projectors and other such devices are becoming more functional and less costly, leading to their explosion onto the extended network and increasing use for mission-critical applications. Device proliferation is forcing enterprises of all shapes and sizes to reconfigure how they manage their devices in the face of such rapid change. Simtrol, Inc. (SMRL.OB) created a device management platform that opens up the endless possibilities of the extended network to enterprises around the globe. In order to support the extensive management platform, Simtrol devised multiple application tools that give their users unlimited support and…

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TuesdayOct 14, 2008 2:44 pm

Chief Executive Officer of Somaxon Pharmaceuticals, Inc. (SOMX) Discusses Commercialization Strategy for Silenor® to Treat Insomnia

Somaxon Pharmaceuticals, Inc. (NASD: SOMX), a specialty pharmaceutical company focused on the in-licensing and development of proprietary product candidates for the treatment of diseases and disorders in the fields of psychiatry and neurology, recently announced that the company’s president and chief executive officer, Richard Pascoe, presented earlier this week at the Natixis Bleichroeder second annual Hidden Gems Conference in New York, NY. At the conference, Mr. Pascoe stated that Somaxon has completed four successful Phase 3 clinical trials for its lead product candidate, Silenor® (doxepin HCl) for the treatment of insomnia. In each of these clinical trials, Silenor® demonstrated statistically…

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TuesdayOct 14, 2008 12:52 pm

New Generation Biofuels Holdings, Inc. (NGBF) is “One to Watch”

Trading on the NASDAQ Capital Market, New Generation Biofuels Holdings Inc. is a renewable fuels provider. Established in 2006, the Company has an exclusive license for North America, Central America, and the Caribbean to commercialize proprietary technology to manufacture alternative biofuels from vegetable oils and animal fats. As part of the Specialty Chemicals industry, New Generation has a current market capitalization of $54.73 million. Formerly H2Diesel Holdings, Inc., the Company changed their name to New Generation Biofuels Holdings Inc. in March of this year. Their headquarters are in Houston, Texas with an additional office in Boca Raton, Florida. The Company's…

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TuesdayOct 14, 2008 12:17 pm

Performance Health Technologies, Inc. (PFMH.OB) Announces Appointment of Tommy J. Harris to Board of Directors

After the closing bell, Performance Health Technologies announced that it has appointed Tommy J. Harris to its board of directors. Mr. Harris has more than 40 years of extensive operational and financial experience. He holds a CPA certificate and is currently serving as Chief Financial Officer and a member of the Board of Directors for Vigilant Solutions, LLC (Vigilant). Before joining Vigilant, Mr. Harris served the Associated Press, the world’s largest news organization, as its Senior Vice President and Chief Financial Officer. Other past experiences include serving as Chief Financial Officer and Chief Operating Officer at Remote Management Systems, Inc,…

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TuesdayOct 14, 2008 11:36 am

Liquor Group Wholesale, Inc. Announces Fiscal 2008 Results

Liquor Group Wholesale, Inc. (OTCBB: LIQR) today announced its results for their fiscal fourth quarter of 2008. Form 8K filed with the SEC as follows: The Company announced unaudited net income on a U.S. GAAP basis of $324,923 or $0.037 per share, for the fourth quarter of its fiscal year and overall unaudited results of fiscal 2008. These figures include the costs of the merger with North American Food & Beverage including the time consuming and costly process of bringing the newly merged Company back into full reporting compliance with the Securities and Exchange Commission to allow it to trade…

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TuesdayOct 14, 2008 11:35 am

Converted Organics Inc. (COIN) Regains Foothold in Volatile Market with Distribution Agreement

When the markets rebounded from last week’s terrifying pounding, fertilizer and agricultural chemical stocks were the first to rebound Monday morning. Converted Organics Inc. (Nasdaq: COIN) was one to benefit from the rally as its shares recovered 53.4 percent, fueled by confidence on Wall Street and the company’s news of an established distribution agreement. The company today announced it has entered into a deal with fertilizer distributor Simplot Partners to inject Converted Organics’ all-natural liquid and granular fertilizers and liquid soil amendment to the professional turf market, focusing on the western United States. “The professional turf market represents an enormous…

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TuesdayOct 14, 2008 11:32 am

China Energy Recovery, Inc. (CGYV.OB) Announces Completion of Heat Recovery System for Zhuji Paper Mill

Heat energy recovery is a “green” technology. Industrial facilities and power plants release significant amounts of excess heat into the atmosphere in the form of hot exhaust gases or high-pressure steam. Energy recovery is the process of recovering vast amounts of that wasted energy and converting it into usable electricity, dramatically lowering energy costs. Energy recovery systems are also capable of capturing the majority of carbon emissions and other harmful pollutants that would otherwise be released into the environment. It is estimated that energy recovery systems installed in U.S. industrial facilities could produce up to 20% of U.S. electricity needs…

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TuesdayOct 14, 2008 11:29 am

Color Your World with X-Rite, Inc. (XRIT)

If you have ever gotten into an argument in the paint store over which shade of blue is actually a sky blue, then you may want to pay attention to the company X-Rite, Inc. X-Rite is the global leader in color measurement and color management, offering hardware, software and services for measuring, formulating and matching color. Since color is such an intangible, but important part of our lives, they offer products and services that detect and standardize colors. Thanks to a host of new G7®-compliant features, IntelliTrax v1.5 measures color against G7-defined targets, displays graphs to show performance against G7…

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TuesdayOct 14, 2008 11:26 am

Norsat International Inc. (NSATF.OB) Extends Successful High Stability LNBs

Norsat International Inc. designs, engineers and markets intelligent satellite solutions for high-speed data transmission. If you’re in the satellite business, then you already know that the Norsat high stability Ku-Band low noise block down-converters (LNBs) and in particular the HS 1000 Ku-Band PLL LNB and a 1000 HX, are the smallest external reference units on the market. For those of us not in the know could use a bit of a tutorial. Luckily, the company will be featuring the new HS 1000 series at booth 617 at SATCON 2008 which is being held at the Jacob K. Javits Convention Center,…

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