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WednesdayMar 19, 2008 4:02 am

FundTech Corp. (FNDS.OB) Announces Letter of Intent to Acquire a U.S.-Based Credit and Debit Card Company

FundTech Corp. (FNDS.OB / Frankfurt: FT4), a financial services company that provides prepaid debit cards to over 1 billion people worldwide who do not have a bank account, recently announced that the company has signed a letter of intent to acquire all the assets of a U.S.-based company. The potentially acquired company sells debit and credit card programs to merchants and employers with a current merchant base of more than 5,000 accounts that generate in excess of $300 million worth of credit card transactions annually. In addition, FundTech Corp. will acquire a platform that will enable the company to provide…

TuesdayMar 18, 2008 6:23 pm

Heartland Oil & Gas Corp. (HTOG.OB) – An Affordable Play in the Fossil Fuel Market

With oil well over $105 a barrel and the dollar losing ground to other world currencies daily, the commodity markets in the United States are currently hotter than they have ever been. Heartland Oil & Gas is providing investors with a tempting and very affordable vehicle to position themselves in the oil and natural gas sector. The investment may be speculative at best, but the upside potential outweighs many of the risks associated with the play. Heartland Oil & Gas Corporation is an exploration and production company that is developing oil, natural gas and coal bed methane gas resources in…

TuesdayMar 18, 2008 6:15 pm

StockWire Featured Company: Spicy Pickle Franchising Inc. (SPKL.OB) Announces a Seven Restaurant Franchise Agreement in San Antonio

The corporate restaurant chain of Spicy Pickle (OTCBB: SPKL) recently announced that they have sold the rights to develop seven Spicy Pickle restaurants in San Antonio, Texas. With the sale of the seven new restaurants, Spicy Pickle now has a total of 128 franchise and corporate restaurants. Currently the Company has 36 restaurants open and many more in construction, lease negotiations, and site selection. In the state of Texas alone, there are 25 current and future Spicy Pickle locations, more than the 23 in the home state of Colorado. The company has multi store commitments signed in Chicago, Los Angeles,…

TuesdayMar 18, 2008 5:56 pm

Stratos Renewables Corp. (SRNW.OB) Highlights Sweet Advantages of Sugarcane over Corn

Speaking to a crowd in Terre Haute, Indiana, earlier this week, presidential hopeful, Sen. Barack Obama (D-Ill.), addressed the issues surrounding the race for the most promising alternative energy. “Corn-based ethanol is not optimal. I've been a big supporter of corn-based ethanol. I come from a corn state -- Illinois -- and it's a good transitional technology, but the truth is, it is not as efficient as what the Brazilians are doing with sugar cane,” he stated. Ethanol derived from corn and sugarcane may be in the spotlight for political wrangling, but the companies behind the technologies are hard at…

TuesdayMar 18, 2008 5:53 pm

Angstrom Microsystems Inc. (AGMS.OB) Saves Power and Money for Large Data Centers

Angstrom Microsystems Inc. (OTCBB: AGMS) is focused on reducing computing costs linked to electricity and power in large data centers. Up to 50% of power efficiency can be wasted by the time the power reaches its destination. The company provides solutions that reduce the need for new infrastructure by making the data center’s current infrastructure more efficient. According to the company, most power entering U.S. data centers are 3-phase 480V. Traveling through each of the three stages, the power loses between 2% and 10% of its efficiency. A 208VAC allows for the transmittance of power with a loss between 20%…

TuesdayMar 18, 2008 5:50 pm

WorldWater & Solar Technologies Corp. (WWAT.OB) Announces Record Revenues and Extensive Project Pipeline

WorldWater & Solar Technologies Corp. (OTCBB: WWAT) today announced its financial results for the fourth quarter and 12 months ended Dec. 31, 2007, posting record revenues for both periods. The international solar electric engineering and water management company highlighted its achievements regarding projects, secured contracts and completed acquisitions. Fourth-quarter revenue was $10.9 million, up from $7.1 million for the same period of 2006, and up from $4.4 million reported in the third quarter of 2007. WorldWater attributed the increase partially to its projects and contracts, including its contract with the Fresno Yosemite Airport. For the 12 months ended December 31,…

TuesdayMar 18, 2008 5:44 pm

Pacific Ethanol, Inc. (PEIX) Shares Balloon More Than 15 Percent Tuesday Only to Deflate During After-Hours Trading

Buoyed by a strong market and bargain-hunting investors, shares of Pacific Ethanol, Inc. (PEIX) soared more than 15 percent, or 66 cents, to reach $4.95. The Sacramento, Calif.-based renewable fuel producer reversed its troubling downward trend that saw share prices plummet 70 percent in just a year. After-hours trading was not as kind, sending shares spiraling nearly 7 percent to $4.61 after the company filed a Form 8-K with the Securities and Exchange Commission stating that it is anticipating a $14 million loss for the 2007 fiscal year. Pacific Ethanol has limited liquidity and requires additional financing to cover operations,…

TuesdayMar 18, 2008 12:53 pm

Red Lake Exploration, Inc. (RLKX.OB) Announces Exploration Program At Camila Copper-Gold Project in Chile

Red Lake Exploration, Inc. (RLKX) announced today that the company has begun exploring the Camila Breccia, a copper-gold project in the Candelaria iron-oxide-copper-gold (IOCG) belt of Chile’s costal cordillera. The exploration will entail six drillholes totaling approximately 1000 metres of diamond drilling on two previously identified mineralized structures. The Camila Breccia is an early-stage exploration project that was last explored in the late 1990s by Trilogy Metals, Inc. Previous work included a property-wide geological mapping and sampling program and a geophysics IP (induced polarization) survey. Two mineralized structures were identified from this work: the El Zorro Vein and the Camila…

TuesdayMar 18, 2008 12:34 pm

Dovarri, Inc (DVAR.PK) Announces Partnership with EPC Group

Dovarri, a leading provider of customer relations management and staff collaboration, announced its partnership with EPC Group, a leading provider of enterprise SharePoint implementations, content management solutions, Intranet redesign, knowledge management, and custom .NET applications, to lead Dovarri’s Product Development Team. Errin O’Connor, EPC Group’s Founder, CEO and Chief of Product Development, will help Paul Mayer, Dovarri’s Lead Architect, direct new installations of Dovarri 7.0 Orizon. EPC designs, implements, and manages SharePoint Solutions for organizations of all sizes. Some of EPC Group’s long-term and high-profile clients include: Dell, Microsoft, Hewlett-Packard, ExxonMobil, Ford, Boeing, Lockheed Martin, Merck and UBS. Errin O’Connor…

TuesdayMar 18, 2008 12:30 pm

Clearly Canadian Beverage Corp (CCBEF.OB) Signs Ice Skating Champion Kurt Browning and Family to Two Year Exclusive Spokesman Agreement

Clearly Canadian Brands, an innovative sparkling water and packaging company, announced today that it has signed a two year exclusive spokesman agreement with Kurt Browning, a three-time Olympic Figure Skater, and his wife Sonia Rodriguez, a principle dancer with the National Ballet of Canada, both of whom will act as spokespersons for the My Organic Baby Line. My Organic Baby is delighted to partner with Kurt Browning and his family. Browning, a professional athlete, is also a family man with two young boys, and so truly understands the value of making healthy eating choices. His wife, Sonia, made the personal…

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