Blog - Page 4417 of 5624

MondaySep 08, 2008 3:32 pm

September 8th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: CBMC, CETG, CLXS, CVM, ETGF, GMPM, GNBT, GSPG, IASCA, ICLK, NSMG, SRRY Despite the holiday-shortened week, the markets remained volatile as nervous investors returned from their summer vacations. The Dow ended the week down 323 points, extending its yearly loss to 15.4%. The tech-heavy Nasdaq lost a whopping 112 points, further contributing to a yearly loss of 14.9%. The S&P lost 41 points for the week, and is now down 15.4% for the year. Meanwhile, the Russell 2000 lost 21 points, pushing its annual losses to 6.2%. During the past week,…

MondaySep 08, 2008 3:20 pm

FluoroPharma Medical, Inc. (FPMI) to Report Preclinical Data on Alzheimer’s Disease and Prostate Cancer PET Imaging Agents

FluoroPharma, Inc. announced today that Dr. David Elmaleh, FluoroPharma’s founder and Chief Scientific Advisor, will report on two preclinical studies demonstrating the potential of novel Positron Emission Tomography (PET) molecular imaging agents for detection of Alzheimer’s disease (AD) and prostate cancer at the World Molecular Imaging Congress, in Nice, France on September 10-13, 2008. The first study, “Synthesis And Biodistribution Of 2-(2-[18f]Fluoroethyl)-8-Methyl-2,8-Diazaspiro[4,5]Decane-1,3,-Dione ([18f]Fluoro-RS-86), A Muscarinic Acetylcholine Receptor Agonist” describes the synthesis, tissue distribution and pharmacokinetic profile of 18F labeled RS-86, a known M1 muscarinic receptor agonist. FluoroPharma has developed a novel biomarker approach for evaluating the progression of Alzheimer’s disease…

MondaySep 08, 2008 12:59 pm

Silicon Storage Technology Inc. (SSTI) Serial Flash Combined with Industry-Leading Protocols Delivers Low Power, High Performance Solution

Silicon Storage Technology Inc. (Nasdaq: SSTI) designs, manufactures and markets a wide range of diverse memory and non-memory products. The company today announced development collaboration with Freescale Semiconductor that will meet the latest industry demands. Freescale Semiconductor designs and manufactures embedded semiconductors for the automotive, consumer, industrial, networking and wireless markets. SSTI’s SPI Serial Flash will assist Freescale’s MC1322x Platform in collaboration with IEEE 802.15.4 and ZigBee Protocols to deliver 20-year, battery-supported wireless connectivity. "We designed our PiP products for IEEE 802.15.4 and ZigBee protocols knowing that our customers' performance and power consumption requirements would be demanding," Brett Black, manager…

MondaySep 08, 2008 12:08 pm

Altair Nanotechnologies Inc. (ALTI) Announces Module Completion as Part of Multi-Million Dollar Contract with U.S. Navy

Altair Nanotechnologies Inc. (Nasdaq: ALTI) provides novel ceramic nanomaterials applicable to a diverse line of fields, including alternative energy, life sciences and performance materials markets. The company today announced the completion of the 500th full-depth cycle of a unique lithium titanate battery designed and developed for the U.S. Navy, as part of its multi-million dollar contract with the Navy. Altair's $2.5 million contract is funded in part by the Navy, as well as $5 million approved by Congress for fiscal year 2008. As part of the "Mark 0, Characterization Module," the Navy tests Altair's batteries to reveal their unique properties.…

MondaySep 08, 2008 11:44 am

Liquor Group Wholesale Exceeds Expectations in First 60 Days

Liquor Group Wholesale provided more than $250,000 of orders for Drinks Americas products in the first 60 days of their contractual agreement. Since the signing of the contract making Liquor Group Wholesale the distributor of the brands held by Drinks Americas in 16 of the 18 control states, Liquor Group Wholesale has proven their innovative approach to the liquor distribution industry is indeed successful. “We are pleased with how our company structure and corporate culture seems to work with our economic model and plans for national expansion,” says Steven Dodge, Liquor Group Wholesale Vice President for Control States , “Our…

MondaySep 08, 2008 9:44 am

Axial Vector Energy Corp. (AXVC.PK) Recently Appointed New Director of Strategic Planning

Axial Vector Energy Corporation ("AVEC"), a company involved in the ownership, development, and licensing of advanced combustion engine technologies, has named Behzad Khakouei its new Director of Strategic Planning. Mr. Khakouei will act as liaison between AVEC and international investors. He will also aid the company's sales and marketing teams in devising move-forward strategies. Perhaps most significantly, he will be spearheading efforts to achieve listing on higher exchanges in the US and Germany. Before joining AVEC, Behzad led Emirates International Capital Advisory’s due diligence panel. He is still the acting president for EAST Com Ltd., a private investment firm based…

MondaySep 08, 2008 9:42 am

Hybrid Technologies, Inc. (HYBR.OB) – Fighting for a Happy Ending in the Story of the Electric Car

Hybrid Technologies is at the forefront of the all-electric vehicle market. Its models surpass those of its competitors on several levels. The question is, if electric cars are so great, then why do we not see more of them out on the road? The answer to that requires the telling of a story that begins nearly 175 years ago. In 1834, nearly a century before automobiles would replace horses as the world's preferred method of transportation, Thomas Davenport invented the first electric car. It ran on un-rechargeable batteries, as the first rechargeable cell would not be invented for another 25…

MondaySep 08, 2008 9:37 am

Broadwind Energy, Inc. (BWEN.OB) Adds Key Players to their Team

The Broadwind Energy team made national news on September 8, 2008 when the company announced the expansion of its corporate office. Broadwind Energy’s new additions will include a new Vice President and General Counsel, a new Senior Vice President of Human Resources, a new Corporate Controller and a new Director of Compliance. Broadwind Energy is a company that maintains its focus on wind energy development and generation. The young company restructured its corporate team by adding four new management members who are renowned in their industry. Taking the helm as Vice President and General Counsel will be J.D. Rubin. Rubin…

MondaySep 08, 2008 9:34 am

Hat Trick Beverages, Inc. (HKBV.PK) Shares Jump On Merger Proposal

Hat Trick Beverages, Inc., (HKBV.PK) shares jumped late last week on rumors and then the formal announcement Friday of an initial merger proposal received from a well-established (but as yet unnamed) Italian vending machine manufacturer. Hat Trick Beverages (www.HatTrickDrinks.com) is the parent company of various operating subsidiaries that produce, market, and distribute hot and cold beverages nationwide. The proposal would give the Italian company a majority position in Hat Trick in exchange for cash and stock. The Italian company is privately held, with assets of approximately 7-10 million Euros, and a 15-year operating history in Europe, but nothing in North…

MondaySep 08, 2008 9:33 am

Spectranetics Corp. (SPNC) Investigated By FDA & ICE

Spectranetics Corporation (NASDAQ GM:SPNC), a medical device manufacturer, was served a joint Federal search warrant on Thursday by the FDA (Food & Drug Administration) and ICE (Immigration & Customs Enforcement), supposedly as part of an investigation into whether Spectranetics improperly received parts from an international source. In a press release, Spectranetics said that “The search warrant requested information and correspondence relating to: (i) the promotion, use, testing, marketing and sales regarding certain of the company's products for the treatment of in-stent restenosis, payments made to medical personnel and an identified institution for this application, (ii) the promotion, use, testing, experimentation,…

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