Blog - Page 4231 of 5671

FridayMar 06, 2009 7:44 am

Dr. Werner Lanthaler Appointed Chief Executive Officer of Evotec AG (EVTC)

Evotec AG announced that it has appointed Dr. Werner Lanthaler as its Chief Executive Officer, effective immediately. Previously, Dr. Lanthaler was Chief Financial Officer of Intercell AG in Vienna, Austria, a global biopharmaceutical leader focused on developing vaccines. In his position as CFO, he was also responsible for Business Development and Marketing & Sales. During his eight-year tenure at Intercell, the biopharmaceutical company evolved from a venture-backed biotechnology company into a global vaccine player. Dr. Lanthaler played a key role in many of the company's major corporate milestones including the most recent product approval of Intercell's Japanese Encephalitis Vaccine, the…

FridayMar 06, 2009 7:09 am

Pax Clean Energy, Inc. (PXCE.OB) Selects New Investor and Media Relations Firm

Pax Clean Energy, Inc. announced today that it has signed an agreement with Del Mar Corporate Communications, LLC (DMCC), based in California, to provide investor and media relations for the company. P.L. Hammond, C.A., President of Pax Clean Energy, commented, "We are very happy to have DMCC representing our company to broaden investor and industry awareness. Their expertise, focused method of implementing a long-term plan and history of success fits our company philosophy." Brian Hill, spokesman for DMCC, stated, "We are delighted to represent PXCE in its public affairs, and look forward to a long and successful relationship with their…

FridayMar 06, 2009 6:59 am

Genesis Pharmaceuticals Enterprises, Inc. (GNPH.OB) CFO Interviewed on Bloomberg TV Asia

Genesis Pharmaceuticals Enterprises, Inc., a U.S. pharmaceutical company with its principal operations in the People's Republic of China, announced that its CFO, Ms Elsa Sung, was featured in a live interview at the studios of Bloomberg TV Asia Pacific Channel. During the interview, she discussed recent health care reforms in China and Genesis' growth strategies. According to Ms Sung, the Chinese government intends to spend more than 850 billion Yuan on health care over the next three years. As part of health care reform, over 90% of China's population is expected to receive health care insurance coverage from the national…

FridayMar 06, 2009 6:50 am

Solutia Inc. (SOA) Re-affirms Guidance, Updates Investor Community

Solutia Inc. announced this morning that it is re-affirming its full-year 2009 adjusted EBITDA guidance from continuing operations of $325 million to $350 million and its full-year 2009 total cash from operations less capital expenditures guidance of $25 million to $75 million. The company based its decision to re-affirm the guidance on its performance through February. Jeffry N. Quinn, chairman, president and CEO of Solutia Inc., stated, "Overall, we are encouraged by the performance of our businesses so far in 2009. Revenue and adjusted EBITDA for the first two months met the company's expectations, with February results showing sequential improvement…

FridayMar 06, 2009 6:40 am

Gulf Resources, Inc. (GFRE.OB) Receives $7.5 Million in Follow-up Orders for Environmentally Friendly Chemicals

Gulf Resources, Inc., a leading manufacturer of bromine, crude salt and specialty chemical products in China, announced that the company’s wholly-owned subsidiary, Shouguang Yuxin Chemical Industry Co., Limited (“SYCI”) on March 3, 2009 signed an agreement with Kuerle City Xingdong Trading Co., Ltd. (“Xingdong”), a distributor of additive materials for oilfields in Xinjiang autonomous region, to deliver environmentally friendly chemical products valued at approximately $7.5 million. According to the purchase order, Gulf Resources will deliver 2,500 metric tons of environmentally friendly polyether lubricant, and 1,500 metric tons of environmentally friendly solid lubricant. While this purchase order is a monumental accomplishment…

FridayMar 06, 2009 6:30 am

Sector 10, Inc.’s (SECT.OB) Mobile Response Units Are Designed to Fit a Multitude of Applications

Sector 10, Inc. is most well-known at this time for creating stationary response units (SRUs) that provide every citizen the tools that can increase the probability of survival in an emergency. The Sector 10 teams works in conjunction with a business or facility to strategically place SRUs throughout a large facility, like a sports complex, or on every floor of a high-rise building. Some may not realize that Sector 10 has also developed Mobile Response Units (MRUs) to meet the needs of emergency personnel during a wide-scale incident. The Mobile Response Units (MRU-OH) were initially designed for use in occupational…

FridayMar 06, 2009 6:17 am

Nexia Holdings, Inc. (NXHD.OB) to Acquire Subdivision for $2M in Series C Preferred Stock

Last week, Nexia Holdings announced that it signed a Letter of Intent with Cedar Crest Development, Inc. to acquire 19 residential lots located in Hooper, Utah. The subdivision contains 22 residential lots, three of which have been already sold to third parties. According to the press release, the lots are all suitable for single family residences. In exchange for the residential lots, Nexia Holdings would deliver 400,000 restricted shares of Series C Preferred Stock that would have a stated conversion value of $2,000,000. Richard Surber, CEO of Nexia, commented, "This type of real estate play is the type of transaction…

ThursdayMar 05, 2009 12:58 pm

SkyPostal Networks Inc. (SKPN.OB) Takes a Dip in Caribbean Market through Strategic Partnership with Online Shopping Network Versatile Distribution

International postal company SkyPostal Networks Inc. (OTCBB: SKPN) is the largest private mail distribution company in Latin America. The company today announced its Punto Mio division has inked an agreement with Versatile Distribution Technologies Inc., an online shopping destination, stepping past international lines with cross-border delivery. Per the business development, Versatile will raise awareness for, and promote Punto Mio’s online shopping services (www.PuntoMio.com) throughout the Caribbean. Versatile will establish primary partners in each country for logistical advantages as well as to ensure customer clearance, final delivery and customer service. SkyPoastal will foster exports, which allows Caribbean merchants the ability to…

ThursdayMar 05, 2009 12:26 pm

Seeking A Green Machine

With all the movement toward green technology, and the new administration’s active support of it, what’s going to happen to the automobile? It’s hard to imagine the roads of tomorrow still populated with exhaust spewing internal combustion engines, even if they’re 60 mpg hybrids. Although gas prices are temporarily being held in check by a stagnant economy, it’s apparent that Americans are getting increasingly sick of the gas price roller coaster ride. Add to that the haunting feeling that a percentage of gas money has for years been going to America’s worst enemies, and it’s easy to understand the longing…

ThursdayMar 05, 2009 12:16 pm

Universal Detection Technology (UNDT.OB) is “One to Watch”

Universal Detection Technology is a developer of monitoring technologies, including bioterrorism detection devices. Founded in 1971, they and their development partners work to capitalize on opportunities related to Homeland Security. In cooperation with NASA's Jet Propulsion Laboratory, they have developed a bacterial spore detector that detects certain biohazard substances. Universal Detection Technology is also a reseller of handheld assays used for detection of five bioterrorism agents, radiation detection systems, and antimicrobial products. The company has developed a real-time continuous detection device, BSM-2000, which identifies abnormal levels of bacterial spores in the air. This can give warning of a possible anthrax…

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