Blog - Page 4218 of 5587

WednesdayNov 19, 2008 8:27 am

Performance Health Technologies, Inc. (PFMH.OB) Recently Appointed Solid Financial Professional to Board of Directors

Performance Health Technologies, an innovative leader in developing and marketing exercise and rehabilitation products, recently announced the appointment of Tommy Harris to the board of directors. “PHT’s Core:Tx® rehabilitation system is an impressive combination of technological innovation, clinical knowledge and understanding of patient needs,” commented Harris. “I am excited about the company’s potential and pleased to contribute to their continued growth.” Harris brings to the board a solid educational background and almost 40 years of experience in business development, operations, and finance. He earned a Bachelor of Science degree in Accounting from Southern Illinois University and a Masters of Business…

WednesdayNov 19, 2008 7:24 am

Simtrol Inc. (SMRL.OB) Separates Itself from the Competition

Simtrol Inc. has begun to turn the heads of the business world with their device management technology which is in a constant state of evolution. The Simtrol device management technology truly tells the story of who Simtrol is. Device management technology has seen many twists and turns with the last pioneering aspect being the “Network.” The 21st century has seen a massive proliferation of devices that reside beyond the traditional network. Simtrol focuses on bringing enterprise-class management technology to this world of the “Extended Network”. While Simtrol is perfecting the world of management technology, the company is far different from…

WednesdayNov 19, 2008 7:04 am

Budget Waste Inc. Announces Record Date for Distribution of Gray Creek Stock

Budget Waste Inc. ("BWI") formally (Other OTC:BDGW.PK) and now Gray Creek Mining (OTC BB:GYCK.OB) (currently in the process of changing its name to BWI Holdings, Inc.), a waste solutions company headquartered in Western Canada that provides complete waste and recycling services to commercial, residential and industrial clients, announces today its financial results for the second quarter ended September 30, 2008. The Company previously announced and filed on Pink Sheets (PK-BDGW) its consolidated financial statements for the six months ended September 30, 2008. Those statements should be read in conjunction with this press release. A summary of the operating results is…

WednesdayNov 19, 2008 6:40 am

Changing Times Vitamins, Inc. (SGTB.PK) and King Features Syndicate Sign Licensing Agreement for Popeye(R) the Sailor Man

Today, Changing Times Vitamins announced that a licensing agreement has been signed with King Features Syndicate, Division of Hearst Corporation, one of the United States’ largest diversified media companies. Through the agreement, Changing Times Vitamins acquired the right to use Popeye(R) and associated characters to promote its line of water drinks. During the Summer Olympics, Charging Times Vitamins used the Popeye image in a cartoon commercial for its RecoveryX sports/energy drink and experienced great success. The company has further plans to introduce new Popeye Water for children in the near future. Brian Jensen, spokesperson for CTV, stated, "Popeye is an…

WednesdayNov 19, 2008 6:19 am

Tri-Star Holdings, Inc. (TSHL.PK) Updates Shareholders on Wickenburg Mine Operations

Today before the bell, Tri-Star Holdings announced that several developments have taken place at its gold placer mining claim on the Hassayampa River in Wickenburg, Arizona. According to the press release, both the CEO and Director have been overseeing the placement of equipment, additional equipment purchases and conducting video interviews that will be released to the public. The company’s trammel refinery and assorted equipment arrived for initial placement and operations. Tri-Star is also utilizing a 2,300 gall water truck to temporarily meet on-site water requirements of processing operations until a well is established. The management team anticipates operations will continue…

WednesdayNov 19, 2008 5:39 am

Jamba, Inc. (JMBA) Announces Third Quarter Financial Results

Jamba, Inc. (NASD: JMBA), a leading blender of fruit and other naturally healthy ingredients that strives to inspire and simplify healthy living for its customers and employees, recently reported its financial results for the third quarter ended October 7, 2008. Revenue for the third quarter totaled $86.6 million, an increase of 3.6 percent from $83.6 million reported in the third quarter of 2007. Due to the current economic environment, the company expects to record little or no growth for the remainder of 2008 and is anticipating low single-digit growth in 2009. Jamba’s chairman, interim president and chief executive officer, Steven…

WednesdayNov 19, 2008 5:38 am

Deep Down, Inc’s (DPDW.OB) 3rd Quarter 2008 Revenues Skyrocket On Two Key Acquisitions

One of the ways companies experience revenue growth is by buying other companies. For the 3rd Quarter 2008, Deep Down, Inc. reaped the fruit of this strategy as its revenues shot up from its acquisitions of Mako Technologies, LLC and Flotation Technologies, Inc. For the 3 month period ending September 30, 2008, gross revenue was $11.7 million, compared with $6.8 million for the same period in 2007. The purchases of Mako and Flotation Technologies accounted for $8.5 million, or 73%, of Deep Down’s 3rd Quarter revenues. The purchases of Mako and Floatation Technologies also gave Deep Down’s gross profit a…

TuesdayNov 18, 2008 2:43 pm

Avanex Corp. (AVNX) Gets New CEO

Avanex Corporation, a global provider of optical network solutions, today announced the appointment of Dr. Giovanni Barbarossa as CEO, President, and Director. Dr. Barbarossa has been with the company for 8 years, serving as Chief Technical Officer and Sr. V.P., and, since July, as Interim CEO. He has also been named as a member of the Avanex Board of Directors. Prior to Avanex, Dr. Barbarossa held senior management roles in the Optical Networking Division of Agilent Technologies, and in the Network Product Group of Lucent Technologies. Before that he was with AT&T Labs, and a research associate with Bell Labs.…

TuesdayNov 18, 2008 2:43 pm

3DIcon Corp. (TDCP.OB) Praised For New 3D Imaging Technology

3DIcon Corporation, developer of groundbreaking 3D projection and display technologies, has received high praise from well-respected leaders of business and science for its revolutionary 3D imaging system. The comments were prompted by the company’s recent announcement of a working prototype of its proprietary 3D display system called CSpaceTM, able to render high-resolution 360-degree 3-dimensional images without any viewing aids. CSpace is the first system of its kind that has no mechanical moving parts, and is also scalable, opening up a vast range of applications. David Klugh, Vice President Surveillance and Security for ARIA International, a premier provider of surveillance and…

TuesdayNov 18, 2008 1:55 pm

Automakers Must Shape-Up or Face the Inevitable

To avoid a major collapse of the American auto industry, the Big Three are going to have to make some serious changes. Cleaning-house will be necessary if the carmakers are going to survive; including focusing on fewer models, consolidating dealerships, and striving to create better products than their overseas competitors. It seems clear that the $25 billion that the industry is asking of Congress should come, but with several strings attached. No one favors the failure of one of the largest pieces of America's manufacturing sector, but 'trimming the fat' is critical to ensuring that the current problems will not…

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