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FridayJul 18, 2008 12:29 pm

Trimble (TRMB) Unveils the TrimTrac® Pro Locator and Trimble® VRS Now™ H-Star™ Service

Trimble (TRMB), best known for its GPS technology, is a provider of advanced positioning solutions. The company integrates a range of positioning technologies including GPS, laser, optical and inertial technologies with application software and wireless communications. Based in Sunnyvale, California, the company, which possesses over 700 patents, has been in operation since 1978 with offices across the United States, Canada, Europe, and Asia. Trimble announced the addition of the TrimTrac® Pro Locator as a hardware enabler for Trimble® Construction Manager. The Trimble Construction Manager is designed to reduce construction project costs through enhancing equipment utilization, identifying idle time and waster…

FridayJul 18, 2008 12:22 pm

Triton Distribution Systems, Inc. (TTDSE.OB) Signs Agreement with MilitaryToGo.Com

MilitaryToGo.com has signed a contract with Triton Distribution Systems, a pioneer in low-cost, business-to-business, Internet-based travel distribution and procurement. According to the agreement, MilitaryToGo.com will use Triton's ReservationExpert™ system to handle all reservations, including ticketing, changes and exchanges booked on MilitaryToGo’s website. Reservation Expert is a complete travel booking and ticketing desktop solution for travel agencies like MilitaryToGo.com that need a comprehensive, user-friendly reservation platform for their targeted clientele. The partnership will enable all branches of military personnel and their families to combine military rates with additional travel options and create bundled packages including airlines, car rental, hotels, tour and…

FridayJul 18, 2008 11:30 am

Mega Media Group Inc.’s (MMDA.OB) Pulse 87 FM Receiving Rave Reviews For Its Unique Style

Pulse 87 FM, WNYZ-LP, has quickly become New York’s hottest dance music radio station playing top 40 hits, exclusive remixes and the hottest pop songs today. The station has been drawing in loyal listeners from other New York stations because of the real dance music and limited commercial interruptions. Thus far, 2008 has been a great year in the world of dance music, and Pulse 87 has been capitalizing. Emerging stars like Rhianna and Cascada are making sure there is a lot of danceable R&B and pop right now that is a perfect fit for the dance community. In addition…

FridayJul 18, 2008 11:27 am

Teva Pharmaceutical Industries Ltd. (TEVA) To Acquire Barr Pharmaceuticals Inc. (BRL)

In breaking news, two major pharmaceutical companies - Teva Pharmaceutical Industries and Barr Pharmaceuticals - announced that they have signed a definitive agreement under which Teva will acquire Barr for a total of $7.46 billion. In addition to the purchase of all shares of Barr stock at the price of $66.50 each, Teva will also assume $1.5 billion in net debt from Barr. Under the terms of the agreement, each share of Barr common stock will be converted into $39.90 in cash and 0.6272 Teva ADRs and is expected to close in late 2008. The combined company will be the…

FridayJul 18, 2008 10:10 am

eDOORWAYS, Corp. (EDWY.PK) is Based on a Solid Business Model

For anyone searching out the next network-solution company to help them connect with businesses and consumers, one need not look any further than eDOORWAYS, Corp. (OTCBB: EDWY.PK), which has positioned itself to fulfill the gap. eDOORWAYS is a revolutionary business dedicated to serving consumers’ social networking needs by integrating advanced search technologies to create a completely new brand, solving lifestyle problems for consumers, and helping drive traffic through the physical and virtual doorways of goods and service providers. The company creates an immediate solutions network that enables local businesses to connect with consumers in need of immediate answers, goods or…

FridayJul 18, 2008 10:03 am

Beacon Power Corp. (BCON) Awarded Approval to Initiate Development of 20MW Regulation Plant

Beacon Power Corp.’s (Nasdaq: BCON) primary business strategy is to commercialize its patented flywheel energy-storage technology to perform frequency regulation services on the grid through design and development to provide advanced products and services for grid operation. The company’s SmartEnergy Matrix is designed to be a non-polluting, megawatt-level solution to provide frequency regulation services. The company today announced that the planning board in Stephentown, New York voted to issue a Special Use Permit for the company's planned 20-megawatt frequency regulation plant. The decision is the final approval needed to open the site for the new plant. Bill Capp, Beacon Power…

FridayJul 18, 2008 10:00 am

VeriChip Corp. (CHIP) Sheds Subsidiary, Will use Proceeds to Retire Outstanding Debt

VeriChip Corp. (Nasdaq: CHIP) develops and markets radio frequency identification devices (RFID) to identify, locate and protect people and assets. The company’s implantable microchips have gained popularity as a revolutionary way to track and protect children, elderly persons in need of supervision, and more. Its VeriMed Health Link system was cleared by the U.S. Food and Drug Administration to rapidly and accurately identify people who arrive in an emergency room and are unable to communicate who they are, as well as patients with special needs and more. The company today announced the completion of the sale of its wholly-owned Canadian…

FridayJul 18, 2008 9:55 am

ON Semiconductor Corporation (ONNN) to Acquire Catalyst Semiconductor, Inc. (CATS)

In a press release on Thursday (July 17th), ON Semiconductor Corporation ("OSC") officially announced its intent to acquire Catalyst Semiconductor, Inc. in an all-stock transaction with an equity value of around $115 million. Investors are to receive exactly 0.706 shares of OSC common stock for each of their existing shares of Catalyst Semiconductor, Inc. The merger is expected to strengthen both companies, as iterated by OSC's CEO, Keith Jackson in this statement: "Catalyst Semiconductor's analog and mixed-signal business represented more than $11 million in sales as of their April 2008 fiscal year end - a business that grew more than…

FridayJul 18, 2008 9:53 am

Fannie Mae (FNM) and Freddie Mac (FRE) – Crisis Averted?

The past week has been simply brimming with new developments in the national mortgage crisis. On Sunday, industry giants Fannie Mae and Freddie Mac received clearance from the government to tap into the Federal Reserve's discount lending window, a necessary measure for which few had ever anticipated the need. However, with the bottom having fallen out of the housing market, both government-sponsored entities were found to require immediate aid. Over the course of the week the action seemed, at least temporarily, to quell the potential for total meltdown. While many are opposed to government bailouts, the ramifications of allowing the…

FridayJul 18, 2008 8:00 am

MedeFile International, Inc. (MDFI.OB) Publicizes Memberships through API Marketing’s Retail Outlets

MedeFile International, Inc. (MDFI.OB) is pleased to announce that it recently signed an exclusive agreement with API Marketing and Advertising Company to market MedeFile memberships at more than 100,000 retail outlets located in the Continental U.S., Hawaii, and Canada. API, based in South Florida, has been in business for over 20 years. President and CEO Alex Papas recognized early on that almost 90 percent of all gas stations and convenience stores are independently owned. Since its inception, Papas and his team of over 500 independent sales representatives have built strong business relationships with gas stations, bodegas, convenience stores, independent pharmacies,…

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