Blog - Page 4725 of 5516

FridayFeb 15, 2008 6:16 pm

Art Technology Group, Inc (ARTG) Selected by Urban Brands

Art Technology Group, Inc (ARTG) announced that Urban Brands, Inc. has selected ATG Commerce to launch the Web stores for both Ashley Stewart and Marianne. Ashley Stewart is a leading women specialty retailer in Urban America while Marianna is a leading women's specialty retailer that targets Latin women. The new Urban Brand web-stores are to boast a sleek site with expansive products inventories that will be enhanced by ATG's software. The re-platforming of both sites will enable Urban Brands to significantly increase Web sales and advance the company's aggressive expansion goals. Urban Brands' partnership with ATG marks the first time…

FridayFeb 15, 2008 6:15 pm

AmeriChip International, Inc (ACII.OB) to Finance Growth with $125 Million Line of Credit

AmeriChip International, Inc (ACII.OB) announced that the company is prepared to generate financial growth after the company has been extended a capital line of credit worth $125 million. This $125 million lease is furnished by Tip Capital. AmeriChip is a leader in creating, leading and driving a new worldwide market using a patented Laser Assisted Chip Control process for dry machining. Marc Walther, CEO, stated, "This $125 capital line positions AmeriChip to begin to satisfy the huge need our blue chip customers have to reduce costs and increase output, by re-engineering their manufacturing process with help from ACII." Walther added,…

FridayFeb 15, 2008 6:14 pm

Bookham, Inc (BKHM) Appoints New Vice President

Bookham Inc, (BKHM), a leading provider of high performance optical components, announced that the company has elected telecommunications veteran Yves LeMaitre to serve as the vice president of global sales and the vice president of corporate marketing. Mr. LeMaitre will be responsible for leading the Company's telecom sales team and corporate communications group. Prior to joining Bookham, Mr. LeMaitre held several executive level positions with Avanex Corp., most recently serving as Chief Marketing Officer. Previous to this position, LeMairtre served as the president and CEO of Lightconnect, a leading telecommunications supplier. Mr. LeMaitre graduated from Nantes University in France with…

FridayFeb 15, 2008 6:13 pm

Deep Down, Inc (DPDW.OB) Receives $1.5 Million in Steel Flying Lead Orders

Deep Down, Inc (DPDW.OB) announced that the company has received orders for $1,500,000 worth of loose-tube steel flying leads [LSFL's]. Currently, Deep Down is adding additional product features to their LSFL's that will enable faster deployment in deepwater environments. The company expects that they will be able to complete the delivery of these LSFLs to both clients, Helix Energy Solutions Group, Inc. and VetcoGray, Inc., within the next 90 days. The original design continues to evolve as the industry expands exploration and production projects in deeper water. Ron Smith, CEO, stated, "Our goal is to be the number one choice…

FridayFeb 15, 2008 6:12 pm

WorldWater & Solar Technologies Corp. (WWAT.OB) Announced Private Placement Contract

WorldWater & Solar Technologies Corp (WWAT.OB), a leading developer of high power solar systems, announced that the company has raised $35.64 million from The Quercus Trust in a private placement contract. Specifically, WorldWater has issued 20,000 shares of WorldWater Series F Convertible Preferred Stock at a price of $1,782.00 per share to Quercus. Quercus also received warrants to purchase 29 million additional shares of common stock at an exercise price of $1.815. Prior to the date of February 8, The Quercus Trust and its affiliates already owned shares of WorldWater common stock, representing 11.5% of the equity ownership in the…

FridayFeb 15, 2008 6:11 pm

Victory Energy Corp. (VYEY.OB) Provides Drilling Update

Victory Energy Corporation (VYEY.OB) announced that the surface pipe on the company's second well is currently drilling. This new well, located in the Canyon Sandstone gas zone, is poised to help the company grow tremendously over the next fiscal year. Victory has also announced that the first well in this zone was successfully drilled to depth. The company performed a drill stimulation that was able to fracture the gas zone and flow oil into the well bore. Currently, machinery has moved into the well location to begin the final production measures before testing. The Corporation should have preliminary testing results…

FridayFeb 15, 2008 6:10 pm

Amish Naturals, Inc (AMNT.OB) is Poised for Rapid Growth

Amish Naturals, Inc (AMNT.OB) announced that the company has launched an enhanced e-commerce platform. This new website, located by accessing www.amishnaturals.com, is designed to enhance the visibility of their proprietary line of organic pastas. Specifically, the new website will enable Amish Naturals' customers to quickly learn about their line of organic pastas. Customers can also learn about the products of Prima Pasta, their wholly owned subsidiary. All visitors will also be able search more than 2,382 retailers to easily and quickly find pertinent product and store information, including store locations, hours and phone numbers. Troy Treangen, Executive Vice President of…

FridayFeb 15, 2008 6:09 pm

GiraSolar, Inc (GRSR.PK) Announces New Contract

GiraSolar, Inc (GRSR.PK), a leading solar energy development company, announced that the company has begun the first of several deliveries on a $10.3 million supply contract to Alternativa Energetica, a leading solar project developer in Spain. Alternative Energetica has already made all prepayments in full; thus, the first significant deliveries from GiraSolar have been complete. Project installation is expected to progress during the coming months with follow-up deliveries are planned until the end of 2008. James Miller, CEO of GiraSolar, Inc., stated, "We believe that the entry into and execution of new supply contracts proves that the GiraSolar group is…

FridayFeb 15, 2008 6:08 pm

Leisure Direct, Inc. (LDTI.OB) Launches An In-Home Direct Sales Company

Leisure Direct, Inc. is a unique and innovative company in the pool, spa, and backyard recreation industry whose mission is to become the premier, highest quality and most nationally recognized manufacturer and direct marketer of pool, spa/hot tub, and outdoor recreational products in the United States. The company manufactures and assembles components of above ground pools and plans to become a major competitor in the industry by providing consumers with a wide range of products and services for pools, spas, and related patio products. Leisure Direct recently announced that it has launched an in-home direct sales initiative named "Leisure Direct…

FridayFeb 15, 2008 1:59 pm

Cell Genesys, Inc. (CEGE) Closes Higher After Tests Show Vaccine Boosts Immune Response, Life Span of Cancer Patients

Shares of biotechnology company Cell Genesys (CEGE) jumped 20% Friday after the company reported clinical tests showed prostate cancer patients not only had an immune response to one of the company’s vaccines, GVAX, but they also lived twice as long as those who did not have an immune response. GVAX is designed to fight cancer by boosting the immune system response, and it did just that in 34 of 80 patients in the trial. Those 34 patients lived an average of 43 months, compared to the average of 21 months that patients without the response lived. Apparent associations between the…

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