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FridaySep 19, 2008 4:33 am

NetSol Technologies Inc. (NTWK) Posts Positive Q4 and FY2008 Financials; Plans to Diversify Customer Base for Global Expansion

NetSol Technologies Inc. (Nasdaq: NTWK), a worldwide provider of global business services and enterprise application solutions, yesterday announced its fourth quarter and full year 2008 financial results for the fiscal year ended June 30, 2008, posting new quarterly and annual records. Netsol reported fourth-quarter revenues rose 23 percent to $10.5 million, up from the $8.6 million reported for the fourth quarter of 2007. GAAP net income rose $2.1 million, or 8 cents per fully diluted share, as compared to $1.3 million, or 7 cents per fully diluted share, for the same period last year. "The strength of our core NetSol…

FridaySep 19, 2008 4:32 am

SurModics, Inc. (SRDX) Responds to Merck’s Termination of License and Research Collaboration

SurModics, Inc. (NASD: SRDX), a leading provider of surface modification and drug delivery technologies to the healthcare industry, recently announced that Merck & Co., Inc. has notified the company that it will discontinue the License and Research Collaboration Agreement the companies signed in June 2007. Shares of SurModics declined sharply earlier this week after the announcement. Merck's decision triggers an additional $9 million payment to SurModics from Merck. SurModics partners with the world's foremost medical device, pharmaceutical and life science companies to develop and commercialize innovative products that result in improved patient outcomes. Clinical data on I-vation TA generated to…

FridaySep 19, 2008 4:30 am

Neose Technologies, Inc. (NTEC) Announces Sale of Assets to Novo Nordisk and BioGeneriX AG for $43 Million

Neose Technologies, Inc. (Nasdaq GM: NTEC), a clinical-stage biopharmaceutical company focused on the development of next-generation therapeutic proteins that are competitive with best-in-class protein drugs currently on the market, recently announced that the company has signed definitive asset purchase agreements with Novo Nordisk A/S (NVO) and BioGeneriX AG, providing for the sale of substantially all of the assets of Neose in all-cash transactions for a purchase price of approximately $43 million. Pending stockholder approval, the preliminary estimate of aggregate distribution amounts represents $0.27 to $0.45 per share of common stock. Pursuant to the terms of the common stock purchase warrants…

FridaySep 19, 2008 4:25 am

Uranium 308 Corp. (URCO.OB) Gains Knowledge, Hires Mining Expert as Consultant

Uranium 308 Corp. (OTCBB: URCO) announced that Yuting Guan, who has extended experience in China's mineral resources industry, has joined its team as a consultant. The initial goal in the hire is to use Guan's contacts to secure a joint-venture partner to co-develop its Janchivlan uranium exploration property in Mongolia. "We believe Mr. Guan's unique combination of expertise in business and contacts in Chinese private and public sector organizations will be an invaluable resource for Uranium 308 Corp.," said Uranium 308 President Dennis Tan. "We expect that he will ... be of critical assistance in the marketing of any potential…

FridaySep 19, 2008 4:24 am

Revenues for China Pharma Holdings, Inc. (CPHI.OB) Almost Double in 3rd Quarter

Third quarter revenues for China Pharma Holdings, Inc. (OTCBB: CPHI) are projected to be between 40 and 45 percent, the company announced Thursday. The Chinese company markets and manufactures generic and brand bio-pharmaceutical products. CHPI bases its adjusted forecast on recent healthy sales figures. Helpson Bio-pharmaceutical Co. Ltd. is a wholly-owned subsidiary of CPHI. “We are very pleased that the sales this quarter have exceeded our prediction,” said Ms. Zhilin Li, China Pharma president and CEO. “This reflects the expansion of our sales force and our continued efforts to increase penetration of our distribution network. “We believe (our) revenue and…

ThursdaySep 18, 2008 6:47 pm

Ultralife Corp. (ULBI) Receives $4.8M Contract from U.S. Defense Department

Ultralife Corporation (ULBI) began as a battery company in 1990 but now serves its markets with products and services ranging from portable and standby power solutions to communications and electronics systems. Ultralife’s family of brands include Ultralife Batteries, Stationary Power Services, RPS Power Systems, ABLE, McDowell Research and RedBlack Communications. The company serves government, defense and commercial customers across the globe, and has operations in North America, Europe and Asia. Ultralife announced the recent receipt of an order valued at approximately $4.8M from the U.S. Defense Department for the company’s SmartCircuit® lithium ion rechargeable batteries and chargers from its Land…

ThursdaySep 18, 2008 6:46 pm

TheRetirementSolution.com Inc. (TRES.OB): Providing Retirees and Investors with Financial Information

TheRetirementSolution.com (TRES) is a provider of investor services and financial education and tools to subscribers. For a fee, the company will also provide subscribers with model portfolios of 100 stocks for small and medium cap stocks and 50 stocks for large cap issues. The company also sells and markets proprietary information developed and compiled by StockDiagnostics.com, which is a quantitative analysis or computer driven stock market independent research company that provides proprietary operational-cash flow per share diagnostics charts and stock recommendations. TheRetirementSolution.com says it is the only public company devoted entirely to providing investor education and investor services. New York-based…

ThursdaySep 18, 2008 1:43 pm

SkyPostal Networks, Inc. (SKPN.OB) Backed by Four Highly Experienced Directors

SkyPostal Networks, Inc. (SKPN.OB), an international mail distribution company focused on the Latin America-Caribbean region, is led by an experienced team of directors. Four new directors were elected earlier this summer and will each serve a three-year term on the board. One of SkyPostal’s newest members, Florian Schuhbauer has been a partner at the General Capital Group, GmbH, in Munich since 2006. Schuhbauer earned a Diplom-Betriebswirt degree in Business Administration from the Frankfurt School of Finance in Management and a German professional degree of Bankkaufmann, a banker certification given by the Hannover Chamber of Industry and Commerce. After some work…

ThursdaySep 18, 2008 1:03 pm

Superlattice Power, Inc. (SLAT.OB) Closes the Day Up 18.82%

QualityStocks would like to spotlight Superlattice Power Inc. (SLAT). Today, Superlattice Power Inc. closed trading at $1.01, which was up $0.16 or 18.82 percent. Their volume today was 12,470 shares for a 3-month average volume of 43,272.30 shares. In recent news, the company announced that it has succesffully produced 200 kg of high purity cathode material that is ready to be used in a battery manufacturing facility for the use in electric vehicles. Let us hear your thoughts: Superlattice Power, Inc Message Board

ThursdaySep 18, 2008 12:34 pm

Performance Health Technologies, Inc. (PFMH.OB) Brings Relief to Doctors and Patients

More than 20 million people a year take a trip to visit their physician because of knee problems. The knee is the largest joint in the body and one of the most easily injured, according the American Academy of Orthopedic Surgeons. Ligaments and muscles around the joint are vulnerable to a variety of sprains, tears and ruptures. All across the United States doctors, physical therapists, and medical clinicians are always on the lookout for the newest and most innovative rehabilitation tools and programs to help patients improve specific body parts such as the knee. Performance Health Technologies, Inc. (PFMH.OB) develops…

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