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WednesdaySep 10, 2008 5:34 am

Axial Vector Energy Corp. (AXVC.PK) Selects New CEO and President to Lead the Company

In today’s news, Axial Vector Energy announced that it has selected Mr. Sanjai Chhaunker as its new president and CEO, effective today. Mr. Chhaunker will be in charge of all AVEC corporate functions, including finance, administration, international operations, product development, customer services, sales and marketing. “Sanjai has tremendous operational and product development experience that covers the range of corporate functions,” commented Mr. Ahmed Khalifa, Chairman of AVEC. Mr. Khalifa further said, “The Board has given its full endorsement of his plan to use the financial resources of EICA to seek acquisitions of companies and technology for AVEC that compliment AVEC…

WednesdaySep 10, 2008 4:41 am

ICO Inc. (ICOC): Used in a lot of Products, but Useful in Your Portfolio?

ICO is a maker of specialty resins and concentrates, and provides specialized polymer processing services. The company's products can be found in manufactured household items, such as toys, household furniture, and trash receptacles; automobile parts; agricultural products, such as fertilizer and water tanks; paints; and metal and fabric coatings. ICO also provides ambient grinding, jet milling, compounding, and ancillary services for resins produced in pellet form and other material forms. The company has 19 factories in 10 countries across the United States, Europe, Asia and the Middle East. It also exports its products to Africa and Asia. The Texas-based company,…

WednesdaySep 10, 2008 4:04 am

Molecular Level Real-Time Imaging System Released By Caliper Life Sciences, Inc. (CALP)

Caliper Life Sciences, Inc. (NASDAQ: CALP) this week introduced its latest video-imaging system. The IVIS Kinetic system is designed to see activity at the molecular level through non-invasive means. It's the latest in a long line of preclinical imaging systems, including high-sensitivity bioluminescence and fluorescence molecular. The main difference is the video capability. This additional capability, the company states in a news release, "will further advance cardiovascular, neurology, immunology and oncology distribution studies conducted." The IVIS system enhances analysis of gene expression, cellular pathways and the body's response to drugs. The current and intended application of the imaging is to…

WednesdaySep 10, 2008 4:02 am

Third Letter of Intent Signed by Ecosphere Technologies, Inc. (ESPH.OB) for Water Recycling in the Okla. Shale

Ecosphere Technologies, Inc. (OTCBB: ESPH) announced a partnership with Newfield Exploration Mid-Continent to reclaim otherwise potentially troublesome water. Newfield will continue its exploration for crude oil and natural gas but will work with Ecosphere to explain to state agencies what the water recycling program does and work through the permitting process. To recover and recycle the water in conjunction with digs for other resources, Ecosphere uses its Ozonix mobile technology. Ecosphere is already building the mobile equipment that will be needed for a potential November start-up. This will be the third such water-recycling venture announced in the last three months…

WednesdaySep 10, 2008 4:00 am

US Army Awards Small Business Tech Grant To mPhase Technologies, Inc. (XDSL.OB) For NanoBattery Development

mPhase Technologies, Inc. (OTCBB: XDSL) announced Tuesday that it is the recipient of a $750,000, two-year grant for continued development of a "smart" lithium nanobattery that will provide backup power to a specific, critical computer memory application. mPhase was awarded a Phase 2 Small Business Technology Transfer Program grant, part of the Small Business Innovation Research (SBIR) program, from the U.S. Army Research Office. Its progress to develop a low-power "green" battery for continuous power, through a previous $100,000 Phase 1 grant in 2007, led to further interest and to Phase 2. "The Phase 2 work will focus on further…

WednesdaySep 10, 2008 3:56 am

Chief Executive Officer of YRC Worldwide, Inc. (YRCW) Comments on Integration of Subsidiaries

YRC Worldwide, Inc. (NASD: YRCW), a Fortune 500 company and one of the largest transportation service providers in the world, is the holding company for a portfolio of successful brands including Yellow Transportation, Roadway, Reimer Express, YRC Logistics, New Penn, USF Holland, USF Reddaway, and USF Glen Moore. The company’s chairman and chief executive officer, Bill Zollars, recently commented on the integration of YRC’s two largest operating subsidiaries, Yellow Transportation and Roadway. “This integration is the result of the weaker economy creating enough capacity for us to get this done at a very low risk. It allows us to build…

WednesdaySep 10, 2008 3:55 am

CEO of DRI Corp. (TBUS) Discusses Emerging Global Opportunities for Growth

DRI Corporation (NASD: TBUS), a digital communications technology leader in the domestic and international surface transportation and transit security markets, recently announced that the company’s chief executive officer, David L. Turney, presented earlier this week at The Wall Street Analyst Forum in New York City. During his presentation, Mr. Turney stated, “For a company our size, we have an incredibly large footprint and our products are used in more than 55 countries.” Mr. Turney further commented that, “Over 60 percent of our revenues are derived from the transit vehicle builder and the other 40 percent comes from end users, such…

TuesdaySep 09, 2008 5:16 pm

Bald Eagle Energy Inc. (BEEI.OB): Exploring for Gold, Golden Opportunity for Investors?

Bald Eagle Energy (BEEI) is engaged in oil exploration. The company is set to develop six new leases covering 18,000 acres on Alaska's oil-rich North Slope. Bald Eagle's lease portion in this area is estimated to contain about 90 million barrels of crude oil, and is one of the North Slope's least explored areas. What could work in Bald Eagle's favor is that its area of exploration on the North Slope is relatively small compared to what major oil firms such as ExxonMobil, Occidental Petroleum and Royal Dutch Shell typically look for. Bald Eagle isn't fighting for leases with these…

TuesdaySep 09, 2008 3:22 pm

Performance Health Technologies, Inc. (PFMH.OB) Executive Team Brings Unmatched Industry Knowledge

Performance Health Technologies, Inc. (PFMH.OB) is a developer and strategic marketer of performance evaluation and rehabilitation products that monitor and guide exercise by providing real-time feedback. A key to Performance Health's success is assembling an experienced executive team to bring about advanced software and medical technology that helped create the company's MotionTrack™ technology. As the company's marketing manager, Angela R. Povia is responsible for developing and managing the marketing strategy for Performance Health Technologies, while building new relationships with potential corporate investors and partners. Angela joined Performance Health Technologies in June of 2006. Prior to that, she served as the…

TuesdaySep 09, 2008 3:19 pm

SkyPostal, Inc. (SKPN.OB) Offers Professional Service to Multiple Entities

SkyPostal, Inc. (SKPN.OB) is an international mail distribution company specializing in offering hand delivery of mail and periodicals into the Latin America-Caribbean region (LAC). They look to provide their customers with a consistent, secure and reliable mail delivery service into Latin America by implementing the use of innovative logistics solutions and advanced information technology. SkyPostal offers multiple services to different avenues of business, including financial institutions, small businesses, direct marketers, publishers, catalog companies, and letter shop and fulfillment companies. As the largest private mail network in Latin America, SkyPostal is committed to serving as an alternative source for reliable and…

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