Blog - Page 4422 of 5577

TuesdayAug 12, 2008 3:28 pm

KI NutriCare to Acquire Allergy Research Group (ALRG.OB) for $1.33 per Share in an All-Cash Tender Offer Valued At Approximately $19.5 Million

Allergy Research Group, Inc. (OTCBB: ALRG), an innovative leader in nutraceutical research and product formulation, recently announced that the company and KI NutriCare, a wholly-owned subsidiary of Kikkoman Corporation (Toronto: 2801.TO), have entered into a definitive agreement for KI NutriCare to acquire Allergy Research Group for $1.33 per share or approximately $19.5 million. This acquisition, to be completed through Longhorn Acquisition Corp., is expected to accelerate KI NutriCare’s expansion in the nutritional supplement industry. Under the terms of the agreement, Longhorn Acquisition Corp. will commence a cash tender offer to acquire all of the outstanding shares of Allergy Research Group…

TuesdayAug 12, 2008 12:34 pm

SIGA Technologies Inc. (SIGA) Posts Positive Q2 Results; Attributes Smallpox Treatment and Strategic Relationships to Success

SIGA Technologies Inc. (Nasdaq: SIGA) applies viral and bacterial genomics and sophisticated computational modeling in the design and development of novel products for the prevention and treatment of serious infectious diseases. The company focuses on utilizing these products for biological warfare defense. The company today announced its second-quarter results for 2008, posting positive results due to its continued research and manufacturing efforts. SIGA recognized grants and contracts totaling $1.7 million for the period ended June 30, 2008, up 19 percent compared to the second quarter of 2007. Six-month revenues at $3.7 million represent a 12 percent increase from the $3.3…

TuesdayAug 12, 2008 12:32 pm

Composite Technology Corporation (CPTC.OB) Subsidiary Secures $23M Wind Turbine Contract to Power Canadian Energy Supply

Composite Technology Corporation (OTCBB: CPTC) develops, manufactures and sells high-performance electrical transmission and wind turbines through its subsidiaries. The company today announced its DeWind Inc. subsidiary, which designs, produces and sells a series of wind turbines, has secured an agreement for the sale of 10 of its D9 2-megawatt wind turbines to Energy Farming Ontario LLC. The approximately $23 million contract is set for delivery in 2009. The turbines to be deployed are the advanced version of DeWind’s D8.2 synchronous power turbine. Energy Farming Ontario will install the turbines in Ontario, Canada, as part of several of its current development…

TuesdayAug 12, 2008 12:14 pm

Movado Group, Inc. (MOV) Announces Plans to Restructure Organization

Movado Group, Inc. (MOV) designs, manufactures and distributes watches from nine of the most recognized and respected names in time: Movado, Ebel, Concord, and ESQ SWISS as well as Coach, HUGO BOSS, Juicy Couture, Lacoste and Tommy Hilfiger. The company also designs and markets exclusive Movado jewelry and gifts through their Movado Boutique stores in the United States. With manufacturing facilities in Switzerland, and corporate headquarters in Paramus, New Jersey and Bienne, Switzerland, the company employs more than 1,800 people worldwide. Movado announced last week initiatives designed to streamline operations, reduce expenses, and improve efficiencies and effectiveness across the company’s…

TuesdayAug 12, 2008 12:03 pm

Simtrol, Inc. (SMRL.OB) Upper Management Provides a Wealth of Experience

Simtrol, Inc. (OTCBB: SMRL) is a developer of software solutions that assist enterprises in a wide array of markets to better manage technology assets, reduce associated operating costs, and improve the utilization of connected assets. The company's solutions address connected devices that are performing at a low capacity within a network such as medical devices, interactive whiteboards, security cameras, digital signage displays, and DVRs. Their flagship product, Device Manager™, powers enterprise-wide solutions that manage non-traditional connected devices in markets such as retail and hospitality, education, and healthcare. Mr. Oliver M. Cooper III, Simtrol's President and CEO, joined the company in…

TuesdayAug 12, 2008 11:14 am

Patriot Energy Corporation, dba Telteck Solutions, Inc (PGYC.PK) DBA TelTeck Solutions Creates Customized Security Solutions for Individual Client’s Needs

TelTeck Solutions offers a full line of high-security telematics products that are customizable for specific business needs. All of the products used by TelTeck can be adapted to a company’s already existing security measures to provide real-time, fully functional security that works. Telteck manufactures several products and offers other product combinations that can be purchased for the monitoring and protection of assets and personnel. GPS solutions are available for both people and property through the use of the Telteck locator unit. The locator unit allows real-time positioning on a map of any person or vehicle equipped with one, and also…

TuesdayAug 12, 2008 11:10 am

Uranium Hunter Corp. (URHN.OB) Lands a Full Page Ad in USA Today

On August 12, 2008, USA Today magazine devoted an entire page to Uranium Hunter Corporation, a company dedicated to the exploration and development of natural resources such as uranium and gold. The company, headquartered in Toronto, Canada, was founded with the focus of developing a portfolio of mineral properties in East Africa, which they believe to be the “world’s next mineral frontier”. Since their founding in early 2003, the company has been working on the acquisition and exploration of particular areas in and around the Republic of Tanzania and Uganda. Recently the company entered into a definitive agreement with Trimark…

TuesdayAug 12, 2008 10:40 am

Invite Group, Inc. (IVIT.OB) City Book Savings Division Signs Almost $50,000 in New Contracts

Invite Group is continuing to close new contracts with its City Book Savings division, a high-end direct mailing book which it acquired recently from IMAGE Worldwide, Inc. (IMGW.PK). Acquiring these new contracts is also helping the company increase their revenues. Invite Group is an Internet media company that specializes in the Travel and Entertainment Industry. Its City Book Savings is a high-end, four-color glossy direct mailing marketing book featuring magazine-quality ads providing an image-conscious demographic with incentives to some of the most exclusive businesses. The magazine is designed to appeal to even the most discriminating clientele and promises to bring…

TuesdayAug 12, 2008 9:50 am

Heska Corp. (HSKA) Announces 2nd Quarter 2008 Results

Heska Corp. (HSKA:NASDAQ) sells advanced veterinary diagnostic and other specialty veterinary products. The company's core focus is on the canine and feline markets where the company strives to provide high-value products and customer support to veterinarians. Heska's business is comprised of two segments - core companion animal health along with other vaccines, pharmaceuticals and products. The range of products that Heska offers to its customers includes diagnostic instruments and supplies as well as single use, point-of-care tests, vaccines and pharmaceuticals. On August 11, 2008, Heska reported financial results for its second quarter ended June 30, 2008. The company generated its…

TuesdayAug 12, 2008 8:58 am

Uranium Hunter Corp. (URHN.OB) Announces Positive Results from Helicopter Survey

Uranium Hunter Corp. announced today that the geophysical interpretation of the aeromagnetic and radiometric surveys commenced at its Ruhuhu Prospect have outlined as many as 8 outcropping zones of enhanced uranium activity. The 1,100 line km of airborne radiometric and magnetic data obtained by the airborne contractor was interpreted by GAP Geophysics of South Africa with the goal of mapping uranium anomalies of possible palaeochannel exploration interest. According to the company, some 9 subdivided zones of enhanced uranium activity (RAD_1 to RAD_9) have been interpreted, including anomalies whose responses are up to 5 times greater than background. GAP Geophysics reported…

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