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MondaySep 22, 2008 3:58 am

Maxygen, Inc. (MAXY) Announces Global Development Agreement with Astellas Pharma, Inc.

Maxygen, Inc. (NASD: MAXY), a biopharmaceutical company focused on developing improved versions of protein drugs, recently announced a global agreement with Astellas Pharma Inc., a pharmaceutical company dedicated to improving the health of people around the world through the provision of innovative and reliable pharmaceutical products. The agreement, in which Astellas will receive worldwide rights to commercialize MAXY-4 lead candidates for all autoimmune diseases and transplant rejection, represents a significant step. MAXY-4 is Maxygen’s preclinical program to create a next-generation CTLA4-Ig protein for rheumatoid arthritis, transplant rejection and other autoimmune indications. The companies will co-develop MAXY-4 candidates for rheumatoid arthritis…

MondaySep 22, 2008 3:58 am

Electroglas, Inc. (EGLS) Discusses First Quarter Results and Semi Equipment Market Downturn

Electroglas, Inc. (NASD: EGLS), a leading supplier of wafer-probing and software solutions for the semiconductor industry, recently reported its operating results for the first fiscal quarter ended August 30, 2008. The company’s total revenue for the first quarter of fiscal 2009 declined to $8.4 million, a 30-percent decrease over the fourth quarter of fiscal 2008, and 20 percent lower than the first quarter of fiscal 2008. Due to the current economic conditions, the semiconductor equipment market has been experiencing a downturn, and this cycle has recently affected Electroglas’ largest customers. The company has continued to maintain close contact with its…

SaturdaySep 20, 2008 11:39 am

Liquor Group Gets into the Spirit with CMSC Spirits

Florida based publicly owned specialty spirits and wine distributor Liquor Group Wholesale Inc. (LIQR) has been contracted to represent New Jersey based CMSC Spirits Group’s Espiritu del Ecuador and The Spirit of Liberty liqueurs in Florida, with representation in other states to follow shortly. The first things you will notice about these products are their distinctive bottles modeled on famous monuments of North and South America, but the liqueurs inside will excite your palate. Espiritu del Ecuador is a cordial liquor combining the flavors of twenty exotic Ecuadorian fruits, nuts and spices including mango, peach, pear, apple, cherry, chocolate, vanilla…

SaturdaySep 20, 2008 6:10 am

Delcath Systems, Inc.’s (DCTH) Drug Delivery Technology in the Spotlight at Industry Annual Meeting

Delcath Systems, Inc. (NASDAQ: DCTH) announced that Dr. Charles Nutting, a principal investigator in one of the company’s drug trials, will present at the Western Angiographic and Interventional Society Annual Meeting. During the Sept. 20-25 conference, Dr. Nutting of the Swedish Medical Center in Englewood, Colo. will discuss his involvement with the Phase 3 trial of Delcath’s Percutaneous Hepatic Perfusion (PHP) System. "This is the first major presentation regarding the Phase III trial by an Investigator outside of the National Cancer Institute,” said Delcath President and CEO Richard L. Taney. “As the oncology community becomes more familiar with the potential…

SaturdaySep 20, 2008 6:09 am

Synergetics USA (SURG) To Appear At Annual Neurological Meeting

Synergetics USA, Inc., which manufactures ophthalmic neurosurgery devices, announced that its executive team will man its exhibitors’ booth at the 2008 Annual Meeting of the Congress of Neurological Surgeons. The annual congress is being held at the Orange County Convention Center in Orlando, Fla, Sept. 20-25. Synergetics’ CFO Pamela G. Boone, CEO Kurt Gampp, Chief Scientific Officer Jerry Malis, Executive Vice President of Sales & Marketing Dave Dallam, and Chairman of Board Robert H. Dick will display and talk about the company’s latest products. They include the OMNI®, the first ultrasonic aspirator offering in-situ bone emulsification, and Spetzler TruMicro instruments,…

SaturdaySep 20, 2008 6:08 am

Tower Semiconductor Ltd. (TSEM) Merges with Jazz Technologies, Creates More Diverse Specialty Foundry

Tower Semiconductor Ltd. (NASDAQ: TSEM) ended the week on a high note by announcing its merger with Jazz Technologies. The merger means the new company, Jazz Semiconductor, is created as a wholly-owned subsidiary of Tower Semiconductor. Tower is a specialty wafer foundry, while Jazz is a well-known specialist in Analog-Intensive Mixed-Signal Foundry solutions. “We expect the merger of the two companies to provide expanded opportunities for growth based on the significant cross-selling opportunities and the broader, more complete product, technology, and service portfolio we are now able to offer to customers,” said Tower CEO Russell Ellwanger. “[We expect] significant improvements…

FridaySep 19, 2008 7:46 pm

Under Armour, Inc. (UA) Signs Five-Year Agreement with The University of Maryland

Under Armour, Inc. (UA) was founded in 1996 by former University of Maryland football player Kevin Plank. The company is the originator of performance apparel engineered to remain lightweight and keep athletes cool and dry throughout the course of a game, practice or workout. With retailers across the U.S., Canada, the U.K., Ireland and Australia, the company offers a diverse assortment of apparel for men, women and youth. The company recently announced that it will become the exclusive official outfitter of The University of Maryland (UM) Department of Athletics effective January 1, 2009. The five-year, $17.5M agreement gives Under Armour…

FridaySep 19, 2008 12:37 pm

Axcess International Inc. (AXSI.OB) Technology Provides Miner Protection; Will Showcase Technology at MINExpo International 2008

Axcess International Inc. (OTCBB: AXSI) provides wireless intelligence through real-time business activity monitoring solutions. The company today announced it will use its long-range Micro-Wireless IDs on 30 West Virginia mines to allow the mine operators to act in accordance with new safety regulations imposed by the Miner Act of 2006, which requires wireless two-way communications and tracking systems that will allow personnel on the surface to locate persons trapped underground. Axcess’ technology uses ultra-small, low-cost devices to locally transmit information on assets, personnel and vehicles. In this case, it will be attached to the miners in several ways, including being…

FridaySep 19, 2008 12:35 pm

8×8 Inc. (EGHT) Gets Best of Show for Innovative Communication Technology

8x8 Inc. (Nasdaq: EGHT) provides voice, video and mobile communications solutions under the Packet8 brand name. These solutions use existing broadband Internet connections and cellular networks to deliver low-cost, advanced features and digital-quality phone service for business and other enterprises. The company recently unveiled its Packet8/Microsoft Response Point small business phone solution at Technology Marketing Corporation's INTERNET TELEPHONY conference and EXPO West 2008. The conference is set to highlight innovative products and solutions and the companies that strive to separate themselves from the rest of their respective markets. The technology was well received, earning the company the ITEXPO "Best of…

FridaySep 19, 2008 12:31 pm

Hybrid Technologies, Inc. (HYBR.OB) Makes Impression on Fox and NBC News Affiliates through NASA Launchfest Participation in Maryland

Hybrid Technologies reports it created quite an impression on NBC and Fox affiliates at this year’s NASA Launchfest event. The day-long festivities featured the company's unique variety of lithium-powered, zero-emission vehicles, including the LiVTM WISE, RUSH and RYDER, all of which the company displayed with pride. Hybrid Technologies has had a long-standing relationship with NASA, which uses several of their vehicles for testing and has also provided valuable performance feedback to the company. Vehicles previously selected by NASA for use in the NASA KSC fleet include the Hybrid PT Cruiser, the Lithium Smart Car, and a high-performance lithium ion-powered all-terrain…

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