Blog - Page 4526 of 5565

MondayJun 02, 2008 3:05 pm

Popular Mechanics Takes a First Look at Hybrid Technologies, Inc. (HYBR.OB) New Supercar

Recently, Hybrid Technologies, Inc. (HYBR.OB) shared its much-anticipated, high-performance sports car with Popular Mechanics. Hybrid is one of the emerging leaders in the development of 100 percent electric-powered products worldwide. The Progressive Automotive X Prize (AXP) competition, sponsored by Progressive Insurance, has inspired Hybrid to develop its latest entry into the highly-competitive electric vehicle market. Those at Popular Mechanics who have seen the vehicle report that Hybrid's super car "crushes Prius and Corvette." Ron Cerven, a project development engineer, stated that the AXP car’s design will center on the drivetrain and the passenger’s level of comfort. In many exotic vehicles,…

MondayJun 02, 2008 3:04 pm

Last Mile Logistics Group, Inc. (LMLG.OB) Revenues for First Quarter Increase 37%

Last Mile Logistics Group, Inc. (OTCBB: LMLG) reported an increase of 37% in revenues for the first quarter of 2008. This prosperous increase follows last year's increase of 47% compared to the fourth quarter of 2006. Although fuel costs have increased dramatically in the past couple of months, the company's gross margin also increased in the first quarter of 2008 by 26%, totaling $230,207. This increase is attributed to the growth in revenue and fuel surcharge agreements with customers to offset these cost increases. Increases in revenue are attributed to business from a major new client for the home delivery…

MondayJun 02, 2008 3:02 pm

Kintera, Inc. (KNTA) To Be Acquired by Blackbaud, Inc. (BLKB)

Kintera, Inc. (NASD: KNTA) announced that they will be acquired by Blackbaud, Inc. (NASD: BLKB) in a cash tender offer for $1.12 per share, or a total price of $46.0 million. The acquisition makes sense since Kintera is a leader of on-demand solutions for nonprofit organizations in the United States, whereas Blackbaud is the leading provider of software and related services designed specifically for nonprofit organizations. At the closing of Friday's stock trading, Kintera's stock rose 58.82%. Kintera's current president and CEO, Richard LaBarbera, will continue with the company's operations in San Diego and their other locations, "Joining with Blackbaud…

MondayJun 02, 2008 3:00 pm

Solei Systems Inc. (SOLI.PK) is “One to Watch”

Solei Systems Incorporated is an industry leader in the field of tanning and LED products. These products range from state-of-the-art tanning equipment to non-invasive medical procedures using the latest in LED technologies. The company holds several patents on its unique technologies and has several more filed and pending. Solei Systems operates in three divisions: Intelligent Tanning Systems (ITS), Light Therapy Systems (LTS) and BioScience Systems, all of which manufacture their own equipment in-house, which greatly reduces costs and increases efficiency. As of May 2, 2008, the company began trading on the Pink Sheets exchange, and CEO Paul Spivak anticipates that…

MondayJun 02, 2008 2:58 pm

Genta Inc. (GNTA.OB) Releases Positive Results of Regarding its Bone-Loss Treatment

Bone loss is associated with many different diseases, such as osteoporosis, metastasis in cancer, Parkinson’s disease, Paget’s disease and hypercalcemia. Regardless of its derivative, accelerated bone loss can hinder everyday tasks. Genta Inc. (OTCBB: GNTA) is a biopharmaceutical company with a diversified product portfolio focused on developing innovative products aimed at the treatment of cancer and diseases associated with accelerated bone loss. The company today announced its final results for its phase 1 clinical trial of G4544, a proprietary small molecule intended to treat diseases associated with accelerated bone loss. G4544 is a new tablet formulation using delivery technology developed…

MondayJun 02, 2008 2:57 pm

Wave Systems Corp. (WAVX) Joins Prominent Industry Leaders with Permanent Seat on Board of TCG

Wave Systems (Nasdaq: WAVX) provides software solutions for enterprise PC security challenges such as data protection, authentication, network access control and the management of each function. Today the company announced it has accepted an invitation to join a permanent seat on Trusted Computing Group’s board of directors. Wave will join permanent members AMD, HP, IBM, Infineon, Intel, Lenovo, Microsoft, Sun and Seagate Technology on the board, and will upgrade its membership status to “Promoter.” "On behalf of the Trusted Computing Group, I'm pleased to announce the addition of Wave Systems as a permanent member of the board and a valued…

MondayJun 02, 2008 11:09 am

SkyPostal Networks Inc. (SKPN.OB) New Board Member Boasts Impressive Credentials

On May 28, 2008, SkyPostal Networks Inc. (SPKN.OB) elected Mr. S. David Fineman to its board of directors. Mr. Fineman is a distinguished attorney and senior partner in the law firm of Fineman, Krekstein and Harris, located in Philadelphia. The law firm represents a wide variety of clients, including governmental authorities and private clients dealing with government. He has an active litigation practice, and represents clients throughout the United States, Europe and Japan. Mr. Fineman has represented several political and business organizations during his career, and has served as counsel to various federal, state and municipal candidates and elected officials…

MondayJun 02, 2008 10:01 am

Coinstar Inc. (CSTR) – The Only Constant is Change

Coinstar is a company that knows change is the one constant in life, and in their business. They pioneered self-service coin counting to provide people a convenient and innovative way to convert loose coins into paper cash quickly. Their coin-counting kiosks quickly convert heaps of change into vouchers for cash for consumers who deposit their loose change. A Coinstar Center accurately counts up to 600 coins per minute. The company charges 8.9 cents per dollar as a fee for their service. It is one many consumers use so they don't have to take the time and effort to count, sort,…

MondayJun 02, 2008 9:59 am

Rentech Inc. (RTK) is Developing Clean Energy Solutions

For Rentech Inc., the drive for clean energy solutions is the company's focus. Headquartered in Los Angeles, California, Rentech is a leading synthetic fuels technology and development company. Incorporated in 1981, they develop technologies that transform under-utilized energy resources into clean alternative fuels. Rentech trades on the American Stock Exchange (AMEX). They have developed their Rentech Process, which is an advanced form of the Fischer-Tropsch (FT) Process. Fischer-Tropsch is a gas-to-liquid process, originated in 1923, to produce synthetic fuel. The Fischer-Tropsch process is a catalyzed chemical reaction in which synthesis gas, a mixture of carbon monoxide and hydrogen, converts into…

MondayJun 02, 2008 9:57 am

Andover Ventures, Inc. (AOX.V) Makes Major Acquisition in Utah

Andover Ventures (AOX.V) is a small mineral exploration company. The company's current flagship property, the SUN property, is located in the Ambler Mining District of the Brooks Range in north-central Alaska. The company has a 100% interest in this property. The property is believed to contain both base metals and precious metals such as gold, silver, copper, zinc, and lead. The company is anxiously awaiting the results of the 2007 work/drill programs. Andover's management was not sitting idly while awaiting these results. After two years of working on a major deal, on May 27, 2008 Andover finally announced the acquisition…

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