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TuesdayOct 14, 2008 4:48 am

Neurobiological Technologies, Inc. (NTII) Moves Up Clinical Trial of Stroke Drug

Neurobiological Technologies, Inc. (NASDAQ: NTII) announced that a recent meeting with the U.S. Food and Drug Administration to discuss a Phase 3 Clinical trial for its Viprinex was encouraging. As a result, the company will consolidate data and patients from its two other trials into a single Phase 3 pivotal trial to be completed by mid-2009. Viprinex is designed to assist with the treatment of acute ischemic stroke. Interim trial results are now expected in January 2009. "Since the two concurrent Phase 3 studies employ the same protocol and patient entry criteria, the validity of the single merged study remains…

TuesdayOct 14, 2008 4:47 am

BIO-key International, Inc. (BKYI.OB) Receives $245,000 in Identification Software, Service Orders

BIO-key International, Inc. (BKYI) announced $245,000 in software and service orders for the third quarter. About half of the orders for the company's finger-based biometric identification software were from new customers and users, including many law enforcement agencies. That included 11 new agency orders that came through channel partners, Independence Communications and InterAct Public Safety. Calling the recent activity a "strong new order demand", BIO-key senior vice president Ken Souza said it could be attributed to enhancements in their mobile data product portfolio. The latest is the just released MobileCop 7.0 that includes RollCall featuring collaborative; almost live "wiki" technology…

TuesdayOct 14, 2008 4:44 am

Intraware, Inc.’s (ITRA) Second Quarter Results Exceed Expectations

Intraware, Inc. (NASD: ITRA), a leading provider of Internet-based business to business software for IT professionals and software vendors, recently announced its results from the second quarter of fiscal year 2009, ended August 31, 2008. Second quarter revenues totaled $3.4 million, compared to $3.2 million in the same period of fiscal 2008, and $3.2 million during the first quarter of fiscal 2009. The company reported a net loss for the second quarter of fiscal 2009 of $105,000 or a loss of $0.02 per basic and diluted share, compared to net income of $144,000, or $0.02 per basic and diluted share…

TuesdayOct 14, 2008 4:08 am

U.S. Dry Cleaning Corp. (UDRY.OB): Cleaning up Your Portfolio?

U.S. Dry Cleaning (UDRY) operates 60 dry cleaning stores throughout its home state of California, Hawaii and Virginia. The company also provides commercial dry cleaning services to hotels across the U.S. In order to bolster market share, U.S. Dry Cleaning is highly acquisitive, averaging a couple of acquisitions per quarter thus far in 2008. The company generally looks for stores or chains of dry cleaning shops that have about $5 million in annual revenue. U.S. Dry Cleaning had nearly $13 million in sales for 2007. The company is also seeking to enter new markets across the U.S. via acquisitions. U.S.…

MondayOct 13, 2008 3:43 pm

October 13th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACTC, CETG, CVM, ENZ, FMTI, GNBT, HJHO, HYTM, ILNS, ICLK, ITUI, LPHC, SWYV, XCR There was blood on Wall Street last week as the major averages plunged further in a historic collapse. The Dow lost an astonishing 1,874 points for the week, or 18.2%, and is now down 36.3% for 2008. The Nasdaq did not do much better with a loss of nearly 298 points for the week to push its year-to-date loss to 37.8%. The S&P dropped 200 points, resulting in a 2008 loss to date of 38.8%, and the…

MondayOct 13, 2008 1:18 pm

Performance Health Technologies, Inc. (PFMH.OB) President and CEO Looking Ahead to Great Success in the Future

The President and CEO of Performance Health Technologies, Inc. (PFMH.OB), Robert D. Prunetti, brings more than twenty years of management expertise, both in the public and private sector. Mr. Prunetti previously served as the company's executive vice president and director. Performance Health Technologies is a leading developer of performance evaluation and rehabilitation products that monitor and facilitate exercises and give real-time motivational feedback to patients and physicians. Mr. Prunetti is responsible for all strategic and operational aspects of Performance Health Technologies. A core responsibility lies on guiding the company's continued growth by focusing on the commercialization of innovative products that…

MondayOct 13, 2008 1:15 pm

Capstone Turbine Corporation (CPST) Ahead of Schedule for Meeting Development Agreement Milestones

Capstone Turbine Corporation is a global manufacturer of low-emission microturbine systems. The company’s award-winning systems are designed to improve the efficiency of U.S. energy infrastructure and to reduce the emission of greenhouse gases. To fuel this mission the company is a member of the U.S. Environmental Protection Agency’s Combined Heat and Power Partnership. The company today announced it has received a payment from UTC Power, of United Technologies Corp. (NYSE: UTX), for the completion of the fifth of six “Microturbine Build” milestones as part of the 200kW microturbine development and commercialization agreement between the companies. Including today’s announcement, Capstone has…

MondayOct 13, 2008 1:05 pm

Neohydro Technologies Corp. (NHYT.OB) in the Top Ten Most Promising Clean Technology Companies

Neohydro Technologies racks up another amazing accomplishment and receives accolades for its attention and dedication to improving the world we all share. The “Rice Alliance for Technology & Entrepreneurship Energy & Clean Technology Venture Forum" was held in Houston last week and Neohydro came back with even more praise and industry awareness. Neohydro’s mobile water renewal units treat water onsite, eliminating costly transportation costs. The process uses electrolysis to break down salt an water molecules in wastewater to naturally produce a powerful oxidizing solution that destroys BODs (biological oxygen demand) and CODs (chemical oxygen demand). As the “Green” movement continues,…

MondayOct 13, 2008 12:54 pm

Vault Technology Inc. (VULT.OB) is “One to Watch”

Trading on the OTCBB, Vault Technology Inc. is a resource exploration and development company focused on their uranium project in the Wollaston domain of North Eastern Saskatchewan, Canada. They are also exploring other opportunities in the products and services realm. Their venture into this area is in audiovisual systems integration, home theater systems, and digital media. Headquartered in Fort Lauderdale, Florida, Vault Technology has begun final negotiations to acquire three businesses. Two of these are successful audiovisual integration businesses and the other is a leading manufacturer of digital audio and video data storage products. Vault is engaging in the development…

MondayOct 13, 2008 11:46 am

Tri-Star Holdings, Inc. (TSHL.PK) is “One to Watch”

Tri-Star Holdings, Inc. (TSHL.PK) was founded with the primary goal of identifying and investing in undervalued companies and technologies with exceptional return potential. The company looks for opportunities that, with the proper funding and support, can generate significantly increased revenues. Tri-Star is currently forming TriStar Gold to take advantage of precious metals mining opportunities, and has recently begun development of its first gold mine, Lucky Linda #1 in Nevada. The investment is based upon reports from core sample assays taken from various locations on the company’s 160-acre claim, indicating gold concentrations as high as 10 ounces per ton. A secondary…

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