Blog - Page 4173 of 5380

TuesdaySep 09, 2008 3:48 am

eFuture Information Technology Inc. (EFUT) Reports Q2 Sales Double, Earns Profit

eFuture Information Technology Inc. (EFUT), a supplier of management software solutions in China, reported second quarter financial results yesterday afternoon after the close. Revenues rose to $3.5 million, an increase of 103.9% over the same period in 2007. Gross profit rose 115% to $2.0 million as gross margin improved to 57.1% from 54.1% year-over-year. GAAP net income was $0.4 million, or 13 cents per diluted share, vs. a loss of $1.34 million in Q2 2007. Adjusted net income (non-GAAP) was $1.1 million, or 35 cents per diluted share. eFuture reiterated full-year 2008 revenue guidance of $19 - $20 million. There…

MondaySep 08, 2008 6:01 pm

IceWeb Inc. (IWEB.OB): Cool Name, Cool Profits for Investors?

IceWeb (IWEB) manufactures, markets and provides network infrastructure solutions and online application services to federal, state, and local government entities on a global scale. The company's network security products and services include firewall, intrusion detection systems, and security information management system implementation and management/monitoring along with e-mail security remote application processes. IceWeb also provides e-mail solutions along with online scheduling and meeting collaboration tools. The company's LearningStream.com product is an online business education portal that offers subscription-based online classes to consumers and corporate customers, such as managers, employees and trade associations. Virginia-based IceWeb sells its products and services through direct…

MondaySep 08, 2008 5:58 pm

Evolution Solar Corp. (EVSO.PK): Sunny Profits for Investors?

Evolution Solar (EVSO) is a producer of leading-edge alternative solar energy technologies and related photovoltaic (PV) technologies, equipment and next-generation appliances. As the search for alternative forms of energy has gained speed, solar power has become a major industry in just the past few years. In addition to providing solar consulting services, Evolution Solar assists in the development of alternative energy plans for large corporations and government organizations. According to industry estimates, the solar PV market will grow from the current $7 billion value to $30 billion in 2010. With annual growth rates exceeding 30 percent, and expanding profit margins,…

MondaySep 08, 2008 3:59 pm

Brite-Strike Technologies, Inc. (BSTI.PK) Providing State-of-the-Art Tactical Weapons

Brite-Strike Technologies, Inc. (OTC: BSTI) is a developer of advanced, high-intensity tactical LED (light-emitting diode) flashlights and personal protection products. The company was founded by two Massachusetts police officers, Glenn Bushee and Jon Neal, with the goal of providing police officers, military personnel and citizens with innovative and practical self-defense tactical products. As the company grew, Brite-Strike reached a technology agreement with Phillips Lumileds in Malaysia to become the manufacturer of Brite-Strike® tactical lights, which consist of the patented LUXEON® LED's and contain the latest EMP chip technology. Their Tactical Blue-Dot ™ Series are specifically made for government agencies, the…

MondaySep 08, 2008 3:32 pm

September 8th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: CBMC, CETG, CLXS, CVM, ETGF, GMPM, GNBT, GSPG, IASCA, ICLK, NSMG, SRRY Despite the holiday-shortened week, the markets remained volatile as nervous investors returned from their summer vacations. The Dow ended the week down 323 points, extending its yearly loss to 15.4%. The tech-heavy Nasdaq lost a whopping 112 points, further contributing to a yearly loss of 14.9%. The S&P lost 41 points for the week, and is now down 15.4% for the year. Meanwhile, the Russell 2000 lost 21 points, pushing its annual losses to 6.2%. During the past week,…

MondaySep 08, 2008 3:20 pm

FluoroPharma Medical, Inc. (FPMI) to Report Preclinical Data on Alzheimer’s Disease and Prostate Cancer PET Imaging Agents

FluoroPharma, Inc. announced today that Dr. David Elmaleh, FluoroPharma’s founder and Chief Scientific Advisor, will report on two preclinical studies demonstrating the potential of novel Positron Emission Tomography (PET) molecular imaging agents for detection of Alzheimer’s disease (AD) and prostate cancer at the World Molecular Imaging Congress, in Nice, France on September 10-13, 2008. The first study, “Synthesis And Biodistribution Of 2-(2-[18f]Fluoroethyl)-8-Methyl-2,8-Diazaspiro[4,5]Decane-1,3,-Dione ([18f]Fluoro-RS-86), A Muscarinic Acetylcholine Receptor Agonist” describes the synthesis, tissue distribution and pharmacokinetic profile of 18F labeled RS-86, a known M1 muscarinic receptor agonist. FluoroPharma has developed a novel biomarker approach for evaluating the progression of Alzheimer’s disease…

MondaySep 08, 2008 12:59 pm

Silicon Storage Technology Inc. (SSTI) Serial Flash Combined with Industry-Leading Protocols Delivers Low Power, High Performance Solution

Silicon Storage Technology Inc. (Nasdaq: SSTI) designs, manufactures and markets a wide range of diverse memory and non-memory products. The company today announced development collaboration with Freescale Semiconductor that will meet the latest industry demands. Freescale Semiconductor designs and manufactures embedded semiconductors for the automotive, consumer, industrial, networking and wireless markets. SSTI’s SPI Serial Flash will assist Freescale’s MC1322x Platform in collaboration with IEEE 802.15.4 and ZigBee Protocols to deliver 20-year, battery-supported wireless connectivity. "We designed our PiP products for IEEE 802.15.4 and ZigBee protocols knowing that our customers' performance and power consumption requirements would be demanding," Brett Black, manager…

MondaySep 08, 2008 12:08 pm

Altair Nanotechnologies Inc. (ALTI) Announces Module Completion as Part of Multi-Million Dollar Contract with U.S. Navy

Altair Nanotechnologies Inc. (Nasdaq: ALTI) provides novel ceramic nanomaterials applicable to a diverse line of fields, including alternative energy, life sciences and performance materials markets. The company today announced the completion of the 500th full-depth cycle of a unique lithium titanate battery designed and developed for the U.S. Navy, as part of its multi-million dollar contract with the Navy. Altair's $2.5 million contract is funded in part by the Navy, as well as $5 million approved by Congress for fiscal year 2008. As part of the "Mark 0, Characterization Module," the Navy tests Altair's batteries to reveal their unique properties.…

MondaySep 08, 2008 11:44 am

Liquor Group Wholesale Exceeds Expectations in First 60 Days

Liquor Group Wholesale provided more than $250,000 of orders for Drinks Americas products in the first 60 days of their contractual agreement. Since the signing of the contract making Liquor Group Wholesale the distributor of the brands held by Drinks Americas in 16 of the 18 control states, Liquor Group Wholesale has proven their innovative approach to the liquor distribution industry is indeed successful. “We are pleased with how our company structure and corporate culture seems to work with our economic model and plans for national expansion,” says Steven Dodge, Liquor Group Wholesale Vice President for Control States , “Our…

MondaySep 08, 2008 9:44 am

Axial Vector Energy Corp. (AXVC.PK) Recently Appointed New Director of Strategic Planning

Axial Vector Energy Corporation ("AVEC"), a company involved in the ownership, development, and licensing of advanced combustion engine technologies, has named Behzad Khakouei its new Director of Strategic Planning. Mr. Khakouei will act as liaison between AVEC and international investors. He will also aid the company's sales and marketing teams in devising move-forward strategies. Perhaps most significantly, he will be spearheading efforts to achieve listing on higher exchanges in the US and Germany. Before joining AVEC, Behzad led Emirates International Capital Advisory’s due diligence panel. He is still the acting president for EAST Com Ltd., a private investment firm based…

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