ThursdayJul 24, 2008 12:15 pm

BluePhoenix Solutions Ltd. (BPHX) Awarded $1.1 Million Contract by U.S. Dept. of Energy

BluePhoenix Solutions provides value-driven legacy modernization solutions that enable companies to leverage their IT assets for increased business value and improved competitive advantage. The company offers customers a comprehensive suite of automated tools, services, and domain expertise, from IT global assessment and project impact analysis, to automated database and application migration, re-hosting, and renewal. BluePhoenix also offers a high level advisory service that provides CIOs and senior management with assistance in assessing the complex modernization issues that they face. BluePhoenix asserts they can provide the “best practice modernization strategies that provide rapid ROI, reduced costs, and improved productivity and efficiency,…

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ThursdayJul 24, 2008 11:37 am

Turbosonic Technologies Inc. (TSTA.OB) Continues to Win Air Pollution Contracts in July

There aren’t too many manufacturers that can say the government has given them sales leads. Those that manufacture pollution control and remediation products are one such market. With the passage of the Clean Air Act, all industrial manufacturers have had to step up and comply with legislation containing severe penalties for the failure to clean emissions. An investor that finds a company catering to these industrial manufacturer's pollution control needs is one that will have found a lasting investment destined to post dividends year after year. Turbosonic Technologies Inc. - an air pollution control equipment manufacturer, installer, and post-sales service…

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ThursdayJul 24, 2008 11:33 am

eDoorways Corp. (EDWY.PK) Bringing Together Unique Pieces to Make a First-of-its-Kind Product

eDoorways Corporation is releasing a new web service this year that will be the first and only one of its kind on the market. The aim of the company was not to imitate other existing websites like eBay, MySpace, Wikipedia or Google, but to improve upon all of these services and bring them together in one easy-to-use marketplace. The result is a web-based consumer problem solving gateway, lifestyle information source and online business-to-consumer marketplace capable of saving consumers valuable time and money by uniting them with retailers, manufacturers, and the global consumer community in an effective new way. The web…

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ThursdayJul 24, 2008 10:19 am

General Automotive Company (GNAU.OB) Successfully Manages Business in Automotive Parts Market

There is no more frustrating experience than managing a solid business, with a solid business plan, in a down market. Sales are moving forward but not necessarily at the levels one would like. Servicing customers remains a key element of the business but direction becomes more of a key component. When this occurs, management needs to be strong and willing to look forward rather than cry about what is a reality. A company that continues to serve its customers with solutions to their issues, while planning for the future, is a company that should be put on radar. General Automotive…

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ThursdayJul 24, 2008 9:58 am

Alanco Technologies Inc. (ALAN) Posts 40% Increase in Q4 Revenues, Spurred by “Unique Technical Achievements”

Advances in personal and asset tracking have set a high bar for tracking technology companies looking to stand out in the expanding market. Alanco Technologies Inc. (Nasdaq: ALAN) is a rapidly growing provider of wireless tracking and asset management solutions providing real-time tracking and unique technologies to remain a key player in the technology and data storage industry. The unique focus of its subsidiaries, StarTrak Systems and Alanco/TSI PRISM, contributed to the company’s positive fourth-quarter financial results. Alanco posted unaudited sales revenues for the period ended June 30, 2008, at $4.7 million, up 40 percent from the same period last…

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ThursdayJul 24, 2008 9:56 am

ThermoGenesis Corp. (KOOL) Extends Global Reach with New Distribution Agreement

ThermoGenesis Corp. (Nasdaq: KOOL) announced the addition of 10 new distributors for its BioArchive System, a technology used to cryopreserve and archive stem cells and tissue. Three of the 10 distributors also hold the right to distribute ThermoGenesis’ AutoXpress AXP Platform, which is used to harvest stem cells in a closed system from umbilical cord blood. The distributors will target key geographies outside the United States for the sale of BioArchive, including the UK, Russia, the Baltic region, China, Hong Kong, South Korea, a number of Middle Eastern and African countries, and Central and South America. While ThermoGenesis focuses on…

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ThursdayJul 24, 2008 8:44 am

Mega Media Group, Inc. (MMDA.OB) Finds Tremendous Success with Pulse 87 FM

Mega Media Group, Inc. (MMDA.OB) is a multimedia entertainment holding company that offers a variety of services. Mega’s subsidiaries offer: music recording, production, and distribution; video production; and radio broadcasting. The company is currently best known for its New York radio station, Pulse 87 FM (WNYZ-LP). Since Mega launched Pulse 87 in February of this year, it has become one of New York’s hottest radio stations. The station concentrates on playing top 40 hits, the latest pop songs, and exclusive remixes. With limited commercial interruptions, Pulse 87 has drawn the attention of top DJs from around the world who feel…

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ThursdayJul 24, 2008 6:32 am

China North East Petroleum Ltd. (CNEH.OB) Announces 119% Year-Over-Year Increase in Crude Oil Production for 2Q 08

China North East Petroleum Holdings Limited, a rapidly growing oil producer in Northern China, today announced preliminary crude oil production figures for the second quarter. Crude oil production increased 119% to 135,193 barrels, compared to 61,732 barrels for the same period in 2007. This also represents an 18% sequential increase over 1Q 2008. The company added 27 new wells during the quarter, bringing the total well count up to 192. ''The second quarter was another strong quarter for our business,” stated Mr. Hongjun Wang, President of China North East Petroleum. “We are particularly pleased to report record production results this…

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ThursdayJul 24, 2008 6:31 am

Oil Prices Rebound After Recent Steep Losses

Oil prices have rebounded slightly today after recent steep losses. Yesterday, the latest weekly report from the Energy Information Administration (EIA) showed that gasoline demand over the four weeks ending July 18th was 2.4% lower than a year ago. This data offered further evidence that Americans are cutting back on fuel because of high prices, which drove down the price of oil nearly $4. The economic slowdown and the demand destruction that is occurring in the US, the world's biggest energy consumer, has driven the price of oil down over $20 from its peak in recent weeks. Other factors have…

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ThursdayJul 24, 2008 5:52 am

AXS-One Inc. (AXSO.OB) Named as Top-Ranked E-Discovery Software Provider

The sixth annual Socha-Gelbmann Electronic Discovery Survey has been released, and AXS-One has been named a top e-discovery software provider for 2008. The company was named as a top-five software provider in the identification, preservation and collection categories, and as a top provider for processing, reviewing, production and overall corporate ranking. The annual Socha-Gelbmann Electronic Discovery Survey is an independent survey developed in 2003 by e-discovery pioneers George Socha and Tom Gelbmann, and provides the most comprehensive view into the emerging e-discovery market. The survey comprises data from 115 organizations on the forefront of e-discovery and examines the size, scope…

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