Blog - Page 4372 of 5628

FridayOct 03, 2008 5:31 am

Solar EnerTech Corp. (SOEN.OB) is Soaking up Some Sun

Solar EnerTech Corp. is a manufacturer of high quality photovoltaic (PV) solar energy cells and state-of-the-art solar applications. Their headquarters, in Menlo Park, California, is also the location where marketing, purchasing, and distribution activities take place. The company trades on the OTCBB and invests in photovoltaic cell research to develop higher efficiency solar cells. Solar EnerTech has constructed a 63,000-square-foot manufacturing and research facility in Shanghai's Jinqiao Modern Science and Technology Park in China, where they manufacture PV solar cells and design advanced PV modules for roof panels, solar arrays, and modules incorporated directly into exterior walls, as well as…

FridayOct 03, 2008 5:27 am

A Hero Leads the Way at Brite-Strike Technologies, Inc. (BSTI. PK)

In the business world, people sometimes get caught up in the chase for the almighty dollar. The public needs to focus on their future, the future of their family and their own well-being. Money is critical. In our dash for cash, we often lose sight of heroes; who they are and who should we aspire to be like. Recently, one man has become a leader in the business world who should be a hero to us all. That man is Glenn Bushee. Bushee is the Founder and President of Brite-Strike Technologies. For those of you who are penny-stock savvy, you…

FridayOct 03, 2008 5:23 am

Xyratex, Ltd. (XRTX) Comments on Third Quarter Results and Fourth Quarter Outlook

Xyratex, Ltd. (XRTX), a leading provider of enterprise-class data storage subsystems and storage process technology, recently announced results for the third fiscal quarter ended August 31, 2008. Revenues for the third quarter totaled $280.8 million, an increase of 19.9 percent compared to $234.2 million for the same period last year. GAAP net income totaled $7.8 million, or $0.26 per diluted share for the third quarter, compared to GAAP net income of $4.3 million, or $0.14 per diluted share, during the corresponding period one-year earlier. Non-GAAP net income increased 45 percent to $10.8 million, or a diluted earnings per share of…

FridayOct 03, 2008 4:24 am

Computer Task Group Inc. (CTGX): Staffing Solutions for the World’s Information Technology Needs

Computer Task Group (CTGX) provides staffing solutions for companies in need of information technology (IT) professionals. The company primarily operates in Europe and North America. The company's staffing services include recruiting, retaining, and managing IT talent for its clients, including both large organizations with multiple locations and high-volume IT requirements, and companies that need to augment their own staff. Computer Task's IT Solutions business helps clients select and test new software and other technology systems. Computer Task Group focuses on vertical market areas, including technology service providers, healthcare, and financial services. Competitors include Computer Sciences Corp., IBM and Hewlett Packard.…

FridayOct 03, 2008 4:21 am

NewBridge Bancorp (NBBC): Conservative Approach to Banking in Tough Financial Times

NewBridge Bancorp (NBBC) is a bank holding company offering traditional banking services to customers in North Carolina and Virginia. NewBridge generates deposit products, including noninterest-bearing checking accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, and individual retirement accounts. The company's loan portfolio is comprised of commercial, consumer and real estate loans, and according to a recent news release, the company holds no mortgage-backed securities issued by the tarnished Fannie Mae and Freddie Mac. Additionally, NewBridge offers mortgage production, brokerage, and financial planning and asset management, as well as equity and fixed income investments through third party broker dealers.…

FridayOct 03, 2008 4:18 am

GenVec, Inc. (GNVC) Continues Funding Streak from NIAID for HIV Vaccine Research

GenVec, Inc. (NASDAQ: GNVC) announced Thursday that it received a third year option of funding, as part of a five-year contract with the National Institute of Allergy and Infectious Disease. The company will receive up to $3.8 million to continue the development of new HIV vaccine candidates. GenVec’s research is based on its proprietary adenovirus vector and production cell line technologies. “We appreciate NIAID’s decision to execute its renewal option under our contract,” said Dr. Rick King, GenVec’s senior vice president of research and development. “GenVec’s adenovector technology platform now includes six distinct serotypes that can be used singly or…

FridayOct 03, 2008 4:17 am

Elray Resources, Inc. (ELRA.OB) Discovers More Gold Drilling Targets In Cambodia

Elray Resources, Inc announced its investment in the historical Rom Dey Vein is paying off, with new high-value drilling targets identified. Elray owns 100 percent of the mineral licensing for the 5,400-hectare Angkor Wat project in Cambodia, including the historic Rom Dey Vein. Historical workings are seen as good indicators of the presence of gold, the company says in a news release. Recent grab samples collected from the Rom Dey deposit and analyzed by ALS Chemex laboratories returned values up to 71.9 grams of gold per ton. The Angkor Wat lands contain several large areas of colluvial gold workings and,…

ThursdayOct 02, 2008 11:32 am

Hybrid Technologies, Inc. (HYBR.OB) Improves R&D to Create Power System

Hybrid Technologies, Inc. (OTCBB: HYBR) opened a fully-owned subsidiary in India in May of this year with the intention of creating greater in-house capabilities for research and development (R&D), and to explore the vast knowledge pool of India's engineers. As the R&D department began to grow, Hybrid Technologies created a power system that consists of an integrated network of high performance components that are adaptable to multiple energy sources and are capable of powering a wide variety of end-user product applications. The power system uses three kinds of energy including solar, a fuel cell, or a generator to charge lithium-ion…

ThursdayOct 02, 2008 11:24 am

Thorium Power Ltd. (THPW.OB) Responds to U.S., India’s Peaceful Uses of Nuclear Energy Agreement

Thorium Power Ltd. (OTCBB: THPW) develops non-proliferative nuclear fuel technology and provides comprehensive advisory services for emerging nuclear programs as well. The company today announced its favorable view regarding Congress’ action to approve the Peaceful Uses of Nuclear Energy Agreement between the United States and India. The “123 Agreement” will allow for full civil nuclear energy cooperation between the two nations and permit American companies to collaborate with Indian companies and scientists on research and development efforts, as well as enabling joint ventures in the civilian nuclear energy field. The agreement represents an industry movement toward establishing a partnership between…

ThursdayOct 02, 2008 11:19 am

Capstone Turbine Corp. (CPST) Rakes in Purchase Orders of Microturbine Energy Systems

The clean technology market is not only making technological advances at considerable rates, but is growing just as quickly. Crossing international lines, the demand for reliable power generation solutions to reduce energy costs and protect the planet is gaining momentum. Capstone Turbine Corp. (Nasdaq: CPST) has grown to become one of the world’s leading clean technology manufacturers of microturbine energy systems. The company has already shipped more than 4,000 Capstone MicroTurbine systems worldwide, and today announced it has received an order for 10 megawatts of C1000 systems. For the C1000 system alone, this represents 26 orders for the unit, or…

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