TuesdayJul 29, 2008 6:38 am

Z Trim Holdings Inc. (ZTM) is Trimming Fat Content

With headquarters in Mundelein, Illinois, Z Trim Holdings Inc. produces, markets, and distributes functional food ingredients and formulated foods in the United States and internationally. Their USDA-developed Z Trim is a natural, non-caloric ingredient that can lower calories from fat up to 50 percent in foods while allowing foods to maintain their normal taste and texture. Z Trim Holdings Inc. trades on the American Stock Exchange (AMEX). Made from corn hulls, Z Trim can reduce harmful trans fats, saturated fats, and cholesterol. It finds use in the dairy, bakery, and meat and poultry industries. It also finds use in 50,000-plus…

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TuesdayJul 29, 2008 6:36 am

Osteologix Inc. (OLGX) is Dedicated to Patient Care

Osteologix Inc. is a specialty biopharmaceutical company committed to improving the health of those afflicted with musculoskeletal diseases, such as osteoporosis. Their lead product candidate, NB S101, is a dual-acting bone agent for the treatment of osteoporosis. Osteologix trades on the OTCBB as part of the Diagnostic Substances industry. Their headquarters are in Glen Allen, Virginia. The company's commitment is to developing innovative pharmaceuticals for the treatment and prevention of diseases of the bones and joints. Osteologix works to collaborate with others in the healthcare community. These collaborations apply new scientific information and clinical data to the development of products…

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TuesdayJul 29, 2008 6:26 am

Hybrid Technologies, Inc. (HYBR.OB) Highlights LiV™ FLASH at 14th Annual Bad Boy Celebrity Hockey Tournament in Las Vegas on August 1

Hybrid Technologies, Inc. (HYBR.OB) will be in the spotlight at the 14th Annual Bad Boy Hockey Tournament on Friday, August 1, 2008. This invitation-only, annual celebrity hockey tournament is being hosted by renowned film producer, Jerry Bruckheimer. Hybrid’s LiV™ FLASH, an electric version of the Mini Cooper, will be on display outside the Las Vegas Ice Center where the event is to be held. The multi-day tournament will attended by invited guests of Bruckheimer and the other five team captains. Popular celebrities like Will Smith and Martin Lawrence are scheduled to participate in the tournament. The event will conclude with…

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TuesdayJul 29, 2008 6:21 am

MedeFile International Inc. (MDFI.OB) Offers Timely Access to Health Records

MedeFile International Inc. (MDFI.OB) has developed a proprietary system for gathering and digitizing medical records so that members can have access to a comprehensive set of their medical records at any time. The company's primary product is the MedeFile system, which gathers and stores copies of a member's medical records from wherever they may be, including hospitals, doctor's offices, or outpatient facilities. The MedeFile system consolidates these records into an easily accessible digital format. This medical data is available to members and their authorized healthcare providers seven days a week, 24 hours a day. A member's MedeFile contains information about…

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TuesdayJul 29, 2008 6:15 am

Wescorp Energy Inc. (WSCE.OB) Announces Signed Master Lease Agreement for Up to 256 Water Remediation Units

Wescorp Energy announced that its wholly-owned subsidiary, Total Fluid Solutions, Inc. (TFS), has completed a master lease agreement with an oil and gas company with operations in Texas, Kansas and Wyoming to use its safe, effective and cost-effective technology for cleaning and separating oil from produced water. As terms of the agreement, Wescorp Energy will develop, deploy and operate as many as 256 water remediation units, as well as provide trained technicians qualified to operate and service the equipment. The assembly and deployment of these units is scheduled to be completed through various phases over the next 60 months. Presently,…

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TuesdayJul 29, 2008 5:12 am

Reed’s, Inc. (REED) Announces Expanded Partnership with Haggen, Inc.

This morning before the opening bell, Reed’s, Inc. announced that it has expanded its partnership with Haggen, Inc., which operates over 30 grocery stores in Oregon and Washington. The grocery chain offers its customers a wide array of natural and organic products, including Reed's Ginger Brews & Virgil's All Natural Sodas. The company will now also begin carrying Reed's full product line throughout all of its Haggen Food & Pharmacy, TOP Food & Drug, and Larry's Market stores. The Founder and CEO of Reed's, Inc., Christopher Reed, stated, "Our enhanced partnership with Haggen reflects Reed's commitment and success in expanding…

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TuesdayJul 29, 2008 4:58 am

Wescorp Energy Inc. (WSCE.OB) Announces QualityStocks Coverage

Wescorp Energy, Inc. will be featured in upcoming Daily Newsletters, Daily Blogs, Message Boards, and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 600,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. Mr. Doug Biles, President and CEO of Wescorp, has the company focused on helping oil and gas companies control costs and operate more economically, enabling them to streamline operations and maintenance. They achieve this by deploying technology-based innovative…

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TuesdayJul 29, 2008 4:17 am

Microtune, Inc. (TUNE) Reports Better Than Expected 2Q Results, Begins Stock Buyback

Microtune, Inc. (TUNE), a designer and marketer of radio frequency (RF) solutions for the worldwide consumer electronics and automotive electronics markets, reported better than expected second quarter results yesterday after the close. Revenues rose to $26.6 million, an increase of 7% year over year and 5% sequentially. Net income fell 19% to $1.7 million. On a non-GAAP basis excluding items, Microtune earned 6 cents per share vs. analysts’ estimates of 4 cents per share. “The second quarter represented another record revenue level for Microtune, driven by strong demand in our core cable and automotive markets. Our strong financial performance was…

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TuesdayJul 29, 2008 3:47 am

China BAK Battery, Inc. (CBAK) Reports Third Quarter Revenues More Than Double

China BAK Battery, Inc. (CBAK), a Chinese manufacturer and distributor of a variety of lithium ion rechargeable batteries for consumer electronics and general industrial applications, reported third quarter results yesterday after the close. Revenues rose to $68.5 million, an increase of 132% year over year and 33% over the preceding quarter. Net loss for the quarter shrank to $2.3 million, or 4 cents per share, vs. losses of $2.7 million last year and $6.2 million in Q2 08. The lone analyst surveyed expected a loss of 7 cents per share on sales of $44.7 million. "Looking at the third quarter…

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TuesdayJul 29, 2008 3:45 am

Avid Technology, Inc. (AVID) Announces Second Quarter 2008 Earnings and Provides FY08 Guidance

Avid Technology, Inc. (NASDAQ: AVID), a worldwide leader in tools for film, video, audio, 3D animation, gaming and broadcast professionals, recently announced financial results for the second quarter of 2008. Shares of Avid Technology posted strong gains late last week after the company reported revenue of $222.9 million for the second quarter ended June 30, 2008, compared to $225.3 million for the same period in 2007. Revenue for the six-month period ended June 30, 2008 was $421.1 million, compared to revenue of $444.2 million for the same period in 2007. Non-GAAP earnings per share were $0.00 in the second quarter…

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