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MondayJun 23, 2008 4:20 pm

Exelixis, Inc. (EXEL) CFO Sends Update on Company’s Progress

During the William Blair 28th Annual Growth Stock Conference in Chicago, the CFO of Exelixis, Inc. (EXEL), Frank Karbe, presented on the company's corporate relationships with biotechnology and pharmaceutical companies, recent company funding, and other company news. Exelixis, Inc. is a developmental stage biotechnology company that has dedicated their efforts to the discovery and development of small molecule therapeutics for the treatment of cancer and other serious diseases. Mr. Karbe explained how Exelixis established important relationships with major pharmaceutical companies, "We are unique in the industry and have established a leadership position in a number of key targets and pathways…

MondayJun 23, 2008 4:16 pm

Wave Systems Corp. (WAVX) Subsidiary Teams with NBC Universal to Provide the Digital Seat for 2008 Olympic Games

Wave Systems Corp.’s (Nasdaq: WAVX) majority-owned subsidiary, Wavexpress, provides broadband media technology and services. The company offers HD-quality video, games, music and software. The company today announced it has been selected to join NBC Universal Inc. for an opportunity that will provide the company with ultimate exposure to a wide customer base. According to NBC Olympics, approximately 203 million viewers watched the 1,210 hours of 2004 Olympic coverage from Athens. According to the International Olympic Committee, more than 3.2 billion people worldwide watched the 2006 Winter Olympics. Wavexpress’ agreement with NBC Universal will allow it to cater to those individuals…

MondayJun 23, 2008 4:04 pm

Active Power (ACPW) Cooling Solutions Receive Approval from Power Technology Giant Sun Microsystems (JAVA)

Active Power (Nasdaq: ACPW) delivers efficient, reliable and "green" critical power solutions and uninterruptible power supply (UPS) systems with the ability to maintain operations during power disturbances. The company today announced that Sun Microsystems (Nasdaq: JAVA) has identified and approved Active Power’s PowerHouse system. The PowerHouse system is a containerized power and cooling infrastructure designed to complement the Sun Modular Datacenter. The system is centered on Active Power’s flywheel-based CleanSource UPS systems, ideal for containerization because of its rugged and climate-resistant design. “Energy consumption and facility space continue to be pain points for data center operators,” Michael Markides, analyst at…

MondayJun 23, 2008 4:04 pm

June 23rd CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACCY, CACN, CBMC, CTVWF, CVM, ENZ, FMTI, GNBT, GSPG, HYTM, IASCA, ITUI, IVOT, PLKH, SEE, SWVC, TKO The stock market tumbled 3.1% in a volatile week of trade, falling to its lowest level in nearly three months. Although weakness was broad-based, the financial sector was at the center of the market's decline, with concerns over further write-downs weighing on sentiment. The S&P 500 was down 42 points or 3.1% for the week, increasing its year to date loss to 10.2%. The Nasdaq Composite Index dropped 48 points, bringing its year to…

MondayJun 23, 2008 11:04 am

Terra Nova Financial, LLC (TNFG.OB) Named “Broker of the Year for Emerging Managers”

Terra Nova Financial LLC, a subsidiary of Terra Nova Financial Group, Inc., has been named "Broker of the Year for Emerging Managers" for the second consecutive year at Opal Financial Group's 2008 Emerging Manager Summit. Terra Nova Financial is a specialized financial services firm focused on supporting trading professionals. Professional traders and hedge fund and money managers come to Terra Nova for unmatched value in execution, clearing and prime brokerage services. The recognition originated with the firm's role as the sponsoring broker-dealer for the innovative Archipelago ECN, and has been further earned through its proven mastery of the client experience.…

MondayJun 23, 2008 11:00 am

Wind Energy America Inc. (WNEA.OB) Receives Research Coverage; Boost in Share Price

Wind Energy America shares experienced a significant boost in price this afternoon, as two respected analytical firms showed support for the company. As an energy development company based out of Minnesota, Wind Energy America maintains the goal of cultivating a large portfolio of wind farm interests through both development and acquisition. Early today, alerts were put out by both The BellwetherReport and Beacon Equity Research. In his report, Beacon Equity's Victor Sula, Ph.D, rated WNEA a 'Speculative Buy' with a target price of $2.98, effectively conveying an extreme undervaluation of the stock at present. Dr. Sula also noted the company's…

MondayJun 23, 2008 10:57 am

Destination Television, Inc. (DSTV.OB) Ad Networks to Reach Virtually Any Demographic

Destination Television is a broadcast company engaged in the production and sale of closed-network television commercials and specifically targeted advertisements. With several private networks set up in high-traffic, out-of-home locations, the company is able to reach any desired demographic. The three primary networks through which this goal is achieved are: BarTV, GymTV and HotelTV. BarTV currently operates in many trendy nightlife locations in South Florida, though a national expansion plan is underway. For advertisers seeking the attention of the 21- to 35-year-old crowd, BarTV is an excellent avenue to pursue. According to a recent survey conducted by the company, the…

MondayJun 23, 2008 8:44 am

Organic To Go Food Corporation (OTGO) Makes Fast Food Healthy

Organic To Go Food Corporation is a cafe and catering company that serves meals made with organic and natural ingredients. Their philosophy is that food for "those on the go" does not have to sacrifice nutrition just because it's always ready to go. With corporate offices in Seattle, Washington, and Los Angeles, California, the company is America's first fast-casual cafe to be a USDA certified as an organic retailer. Trading on the OTCBB, Organic To Go is part of the Specialty Eateries industry. Their current market capitalization is $45.41M. Most of their cafes reside in office towers and business districts,…

MondayJun 23, 2008 8:41 am

PC Connection Inc. (PCCC) is Making Vital Connections with Consumers

PC Connection Inc. is a supplier of computers and information technology solutions across the United States. As a leading direct marketer of IT products, they serve business, governments, educational institutions, and general consumers. With headquarters in Merrimack, New Hampshire, the company lists on NASDAQ. They are part of the Catalog and Mail Order House industry and have a current market capitalization of $300.73M. The corporation delivers custom-configured computer systems overnight from their configuration lab and distribution facility in Wilmington, Ohio. Founded in 1982, PC Connection's product lines include computer systems, computer software, and networking communications products. They also sell notebooks…

MondayJun 23, 2008 8:06 am

MyECheck, Inc. (MYEC.OB) Signs Mentor Public Schools to Its Online Check Service

MyECheck, Inc. announced today that it has signed on Mentor Public Schools as a client and will be providing the Ohio School District with its comprehensive suite of electronic check processing services. The company’s eCheck solution will allow parents to debt their checking accounts for payments such as adding funds to their children’s lunch cards. MyECheck’s unique, patent-pending software is able to debit any U.S. checking account, including those that ACH cannot debit, enabling online merchants to expand their potential marketing base to more consumers and businesses. The process doesn’t require a physical check and adheres to the Check 21…

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