Blog - Page 4277 of 5179

WednesdayApr 02, 2008 6:05 pm

Universal Detection Technology (UDTT.OB) Presents the BSM-2000 to the Committee on Homeland Security

Universal Detection Technology (UDTT.OB), a developer of early-warning bio-terrorist monitoring technologies, presented its BSM-2000 system at a technology fair sponsored by the Committee of Homeland Security held at the Rayburn House Building. UDTT was one of only 15 companies invited to present its technology to members of the US Congress and Homeland Security. The fair was held to educate members of the US House of Representatives and staff on the latest technologies available to detect biohazard threats in the air, water, and food. "We are honored to have had the opportunity to present our detection methodology to the Congressional Committee…

WednesdayApr 02, 2008 5:26 pm

Uranium Energy Corp. (UEC) Appoints Samuel Talbott as District Exploration Manager

Uranium Energy Corp. (AMEX: UEC), a US-based junior resource company with the objective of becoming a near-term ISR uranium producer, recently announced the appointment of Samuel Talbott as the District Exploration Manager at the company’s uranium mines in Casper, Wyoming. The company’s Wyoming operation includes more than 23,000 acres of uranium-prospective land, consisting of mining claims and state leases, and historic drilling databases with over 27,000 feet of new drilling and 2 million feet of historic drilling. In this new role, Mr. Talbott will develop projects, evaluate resource acquisitions, and direct joint venture opportunities with other uranium-related companies. Mr. Talbott…

WednesdayApr 02, 2008 5:24 pm

FARO Technologies (FARO) Launches New Family of 3D Laser Scanners

FARO Technologies (FARO), headquartered in Lake Mary, Florida, has products which allow manufacturers to perform 3D inspections of parts and assemblies on the shop floor, helping to eliminate manufacturing errors and increase productivity and profitability for a variety of industries in FARS’s worldwide customer base. The company has locations in Michigan, Texas, California, North Carolina, Pennsylvania, Ohio and Washington. Overseas, the company has headquarters in Stuttgart, Germany for its European division and in Singapore, Thailand for its Asian Pacific division. Products from the company include the measuring arms Quantum FaroArm, Fusion FaroArm, FaroArm Platinum, FARO Laser ScanArm; and FARO Gage,…

WednesdayApr 02, 2008 5:07 pm

National City Corp. (NCC) Sale More Likely

National City Corporation (NYSE: NCC), a regional banking power based in Cleveland, Ohio, with most of its business in the Midwest, may soon be for sale according to reports from the Cleveland Plain Dealer and the Wall Street Journal. As we indicated in an earlier report (“One Regional Bank Stock’s Woes,” January 29, 2008), the bank had been facing difficulty due to losses in the subprime mortgage market and a resultant deteriorating balance sheet. It cut its dividend nearly in half, from 41 cents per quarter to 21 cents, and has seen its stock price fall from a twelve-month high…

WednesdayApr 02, 2008 5:01 pm

Trico Marine Services, Inc. (TRMA) Reports Upward Momentum of International Markets

Trico Marine Services (TRMA), based in Houston, Texas, provides marine support services to the oil and gas industry. The company serves in such geographical areas as the North Sea, Gulf of Mexico, Mexico, Brazil, West Africa and Southeast Asia. The company has a fleet of vessels, drilling materials, supplies and crews for the construction, installation, repair and maintenance of subsea facilities. In February, the company announced financial results for the quarter and year ending December 31, 2007. Fourth quarter net income, which resulted from strong international activity and changes to the Norwegian Tonnage Tax rules that took place in December…

WednesdayApr 02, 2008 1:24 pm

Toro Ventures, Inc. (TORO.OB) Signs Letter of Intent on the Crown Oil and Gas Lease

Toro, a publicly traded, growth-oriented oil and gas exploration company, executed a turnkey agreement with Nitro Petroleum, Inc., a natural resource company engaged in the development and re-development of oil and gas fields in the United States, on the Crown Oil and Gas Lease in Pottowatomie Country, Oklahoma. The agreement provides that Toro obtains a 60% working interest in the Crown Oil and Gas leases. The Lease will drill two new wells on the Crown Lease as a completely functional oil and gas production. President and CEO of Toro, Frederick Graham said, “The Crown Oil and Gas lease provides the…

WednesdayApr 02, 2008 12:35 pm

Amish Naturals, Inc (AMNT.OB) Expands Presence in the Southwest; Adds 92 H-E-B Grocery Outlets in Texas

Amish Naturals, a company that creates food that reflects the wholesomeness and purity of the Amish people, announced it has expanded its reach in the Southwestern U.S. by utilizing the distribution of KEHE to H.E. Butt Grocery Company, a privately held, Texas-based supermarket chain. The added distribution will bring Amish Naturals’ retail network to 3,150 outlets. Bill Pardee, Director of Sales of Amish Naturals said, “We are pleased to partner with H-E-B, a company known for its fresh products, to introduce more consumers to our brand. Amish Naturals is accelerating its growth throughout the region and the H-E-B partnership will…

WednesdayApr 02, 2008 12:31 pm

China 3C Group (CHCG.OB) Has Named Mr. Yong Wu VP and Director of Sales

China 3C Group, a leading retail chain operating approximately 908 retail outlets in Eastern China, announced April 2 that it has named Mr. Yong Wu VP and Director of Sales. Mr. Wu’s role is to be responsible for China 3C’s overall sales strategy, and will involve overseeing a 500-member sales and support staff as well as analyzing data, marketing and customer service. Mr. Yong Wu said, “I am very honored to join a great company like China 3C and look forward to working with the rest of the management team to expand future sales opportunities. I intend to utilize my…

WednesdayApr 02, 2008 12:21 pm

Fund.com Inc. (FNDM.OB) Right on Target to Capitalize on $22.6 Trillion Market; Featured in EQUITIES Magazine

Fund.com Inc. (OTCBB: FNDM) was recently featured in the March edition of EQUITIES Magazine’s Special Situations. The companies chosen for coverage are those believed to have the potential to increase between 50 percent and 100 percent over the next two years. Fund.com is an online financial services information publisher with its eye on the $22.6 trillion investment fund market. The company has created a Web site full of information on personal finance, mutual funds, hedge funds, money market funds, exchange traded funds, closed end funds, commodity funds and other investment channels. The Special Situations article highlights the growing demand for…

WednesdayApr 02, 2008 10:54 am

Asia Electrical Power International Group Inc. (AEPW.OB) Receives $7 Million order to Revamp China’s Damaged Electrical Grid

Asia Electrical Power International Group Inc. (OTCBB: AEPW) today announced it received more than $7 million in orders from the Chinese government in the first quarter of 2008. The purchase orders were for the company's power system components and complete-set equipment, which will be used to restore and upgrade damaged electrical grids throughout China. On January 29, 2008, the worst winter storm to hit China in over half a century damaged China’s electric grid infrastructure, throwing China into a freezing darkness, leaving millions of travelers stranded and millions more without power or transportation. This catastrophe prompted the Chinese government to…

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