Blog - Page 4184 of 5774

FridayAug 28, 2009 10:18 am

FNDS3000 Corp. (FDTC.OB) Initiates South America Market Test of Prepaid Card Roll-Out

FNDS3000 Corp. announced today that it has successfully completed the Pilot Test Phase of its prepaid card introduction, and is subsequently immediately commencing the next phase of implementation. The Market Test Phase will begin with the distribution of approx. 10,000 prepaid cards to corporate clients and their cardholders, confirming and validating the processes and systems that will be required to handle the high volume of prepaid cards that are expected to be launched later in the year,. Once favorable results of the test are confirmed, the company anticipates initiating Roll-Out in late September of this year. John Hancock, Chief Executive…

FridayAug 28, 2009 9:58 am

Heartland, Inc. (HTLJ.OB) Subsidiary Achieves $1 Million Sales Milestone

Heartland, Inc. announced this morning that Heartland Steel, its steel warehousing subsidiary, has surpassed $1 million in sales. The company specifically highlighted the fact that this milestone was reached before the completion or occupation of Heartland Steel's new state-of-the-art warehousing and distribution facility and office space in Washington Court House, Ohio. "We literally have hit the ground running," stated Randy W. Frevert, President, of Heartland Steel. "Our customer and prospect list is growing daily, and we built a 500 ton inventory of steel at competitive prices. In September, when our facility becomes fully operational, I would expect both the pace…

FridayAug 28, 2009 9:55 am

CrowdGather (CRWG.OB) Retains Bridge Relations for Investor Relations

CrowdGather, a leading network of forum communities on the internet, announced that it has engaged Bridge Relations, Ltd. to provide strategic investor relations (IR) and communications services. The IR firm combines their investor networks, skills and passion for investor relations to market clients in both Europe and North America. "We are pleased to have Bridge Relations working with us to increase the interest from the global investment community," stated Sanjay Sabnani, CrowdGather's Chairman and CEO. "Seeing the potential the Company has in both the short and long term future, we were seeking to partner with an international and highly respected…

FridayAug 28, 2009 9:43 am

Global 8 Environmental Technologies, Inc. (GBLE.OB) President Plans Business Trip to Brazil

Today, Global 8 Environmental Technologies, Inc., a company committed to promoting environmental consciousness, announced that the company's president and CEO, Julio Ferreira, will be travelling to Brazil in the near future. In Brazil, Mr. Ferreira will meet and conduct a series of conferences with many prominent business leaders, investors and government officials. Mr. Ferreira's solid reputation in Brazil comes from his existing working relationships that span several decades. Mr. Ferreira's collaboration and dedication in the areas of environment, marketing, and public relations have enabled Global 8's exciting launch into the Brazilian market. The program will boost new standards for the…

FridayAug 28, 2009 8:03 am

Aquentium, Inc. (AQNM.OB) Announces Exclusive Distributorship Opportunities for the Country of Brazil

Aquentium is an up-and-coming publicly traded company in the United States which has a company mission to focus on “green technologies”. Aquentium made an announcement today that it is offering exclusive distributorship opportunities for its complete line of non-chemical food processing and sanitation equipment for the Country of Brazil, which will allow the company to expand its outreach and continually help the environment. The hidden gem of Aquentium is their non-chemical sanitation equipment which is known as “Ozone”. Ozone is designed to improve food safety standards both across the globe with a goal to help prevent contamination of fresh produce,…

FridayAug 28, 2009 7:25 am

Economy’s Small Drop in Second Quarter Hints Recession is Ending

According to a report issued earlier this week, the economy shrank at an annual rate of just 1 percent in the second quarter. Despite marking a record fourth-consecutive quarterly decline, the smaller decrease provides further evidence that the recession is slowly coming to an end. In addition, smaller decreases in consumer spending were reported during the April-June period, leading some economists to raise their expectations for the third quarter. Nigel Gault, chief U.S. economist at IHS Global Insight, stated, “The big surprise in this report was that there was enough spending in the consumer sector and elsewhere to offset all…

FridayAug 28, 2009 7:23 am

U.S. DOE Announces Recovery Act Funding for up to 2,800 Natural Gas Vehicles

Westport Innovations Inc., a global leader in alternative and low emission transportation technology, announced that the U.S. Department of Energy’s “Clean Cities” program has awarded the company with a grant of $300 million. This grant will help fund 25 cost-share projects across the United States, adding 9,000 alternative fuel and energy efficient vehicles and building 542 new refueling stations. Based on this development, the company has received funding for the development of approximately 500 LNG trucks and 2,300 CNG vehicles. Westport anticipates that a significant portion of these vehicles will be sourced from various manufacturers and will utilize either Westport's…

FridayAug 28, 2009 7:21 am

ATS Medical Inc. (ATSI) Awarded FDA-Approval for Cardiac Study of Aortic Valve Replacement

ATS Medical Inc. manufactures and markets advanced cardiac surgery products and services through its heart valve disease therapy and surgical ablation of cardiac arrhythmias segments. The company yesterday announced FDA-approval for a first-of-its-kind clinical study in which cardiac surgeons will implant ATS Medical’s ATS 3f® Aortic Bioprosthesis in patients under the age of 60, a population not yet studied in a controlled and scientific manner. Astrid Berthe, vice president of Regulatory Affairs, said the FDA’s decision is a milestone that will raise the bar in aortic valve replacement. "We are encouraged by the FDA approval to pursue this landmark opportunity…

ThursdayAug 27, 2009 3:36 pm

The Sun is Rising

Most people associate solar power with photovoltaic cells used to generate electricity, or perhaps solar water heaters, or even large solar power plants, where the heat of the sun is used to produce steam which runs turbines to produce electricity. It’s easy to forget that most other energy sources also trace back to the sun. The simplest of fuels, wood, is produced when trees capture the sun’s energy to build the hydrocarbons necessary for growth. Fossil fuels come from buried organic matter produced ages ago from ancient plants that also depended upon the sun. Wind energy comes from the sun…

ThursdayAug 27, 2009 3:26 pm

Dreams, Inc. (DRJ) Reports Loss for Quarter

Dreams, Inc. (DRJ) reported a net loss of $1.1 million, or ($0.03) per share, for its second quarter ending 6/30/2009. The company reported a similar loss in the same quarter of 2008. Revenues in the quarter were $12.2 million, down 10% year over year. Ross Tannenbaum, the CEO of Dreams, Inc. said, “We navigated our way through the turbulent first and second quarters with our business models and confidence intact, and no erosion of our margin. The additional challenge that the Company faced earlier this year was the forced liquidation of inventories by numerous retailers which mitigated our sales opportunities…

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