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ThursdayApr 24, 2008 3:52 am

OTCPicks Featured Company: BIH Corporation (BIHC.PK) Closes Acquisition of Baron International

After wearisome negotiation, BIH Corporation (OTC: BIHC) announced that they have come to an agreement to expend several million dollars to complete the acquisition of Baron International, Inc., a national leader since 1982 in the sales, service and design of restaurants, beverage systems, refrigeration, and full turn-key operations for large chains/clients. Cris Galo, President and CEO of BIH Corporation, said, "We are pleased that Baron International is now a 100% wholly owned subsidiary of BIH Corporation, and we will maintain this pace with any other acquisitions going forward." "This acquisition will create a tremendous opportunity for phenomenal growth," commented Mr.…

ThursdayApr 24, 2008 3:49 am

OTCPicks Featured Company: Restore Medical Inc. (REST) Signs Agreement with Medtronic, Inc. (NYSE: MDT)

Restore Medical, Inc. (NASD: REST) announced that they have signed an agreement with Medtronic, Inc. (NYSE: MDT) which implies that Medtronic will pay $1.60 per share in cash for each share of Restore Medical stock. With the additional payment of Restore Medical debt, the transaction is worth approximately $29 million, and - although the full terms of the agreement haven't been approved by Restore Medical shareholders - the transaction is expected to close within the next 90 days. Restore Medical's stock rose 27.91% during Tuesday's trading. Restore Medical's Pillar Palatal Implant System is a state of the art, minimally invasive,…

ThursdayApr 24, 2008 3:47 am

Hybrid Technologies, Inc. (HYBR.OB) Continues To Build Strong Ties with Governmental Agencies

Hybrid Technologies, Inc. (HYBR.OB) utilized NASA technology in developing the rechargeable lithium batteries utilized in its line of electric powered vehicles. The relationship with NASA has continued to grow through the years. In March 2006, Hybrid and NASA executed a Space Act Agreement, where Hybrid agreed to produce a lithium battery powered fleet of vehicles to be used at the John F. Kennedy Space Center. The NASA team selected military high-performance all-terrain vehicles; the PT Cruiser and the Hybrid Smart Car. “NASA and its affiliated agencies create a tremendous opportunity for our corporation to utilize our most advanced technology, while…

WednesdayApr 23, 2008 5:56 pm

CAI International, Inc (CAP) Shows Gains in Fourth Quarter Revenue

CAI International, Inc. (CAP), headquartered in San Francisco, California, is an intermodal freight container leasing and management company. Intermodal freight containers are large, standardized steel boxes, which the company leases primarily to international steamship companies. They are used to transport cargo by a number of means, including ship, truck and rail. A portion of the container fleet is owned by CAI, with the balance being owned by third parties, which the company manages on their behalf. In February, CAI announced it had completed an agreement to increase the commitment amount on its existing senior secured credit facility with a consortium…

WednesdayApr 23, 2008 5:54 pm

Sciele Pharma, Inc. (SCRX) Receives FDA Approval for CloniBID

Sciele Pharma, Inc. (SCRX), headquartered in Atlanta, Georgia, recently announced that the U.S. Food and Drug Administration (FDA) has accepted the New Drug Application (NDA) submitted by Addrenex Pharmaceuticals for CloniBID to treat hypertension. In June 2007, the company licensed CloniBID from Addrenex Pharmaceuticals for the treatment of hypertension. The FDA has assigned a Prescription Drug User Fee Act (PDUFA) date of December 19, 2009. Upon FDA approval, Sciele expects to launch this product in early 2009. CloniBID is a 12-hour, sustained release formulation of clonidine hydrochloride, the active ingredient in CloniBID which is approved for the treatment of hypertension.…

WednesdayApr 23, 2008 5:52 pm

INCA Designs, Inc. (IDGI.PK) Reports 591% Year-over-Year Increase in Orders from Retailer Intermix

INCA Designs, Inc. (IDGI.PK), a boutique design house distributing sophisticated collections of swimwear, resort wear and accessories, recently announced a significant increase over last year’s purchase orders from retailer Intermix. Purchase orders for the current 2008 season have posted a 591% percent increase over the same time period last year. Over the past year, the company has been mentioned in numerous fashion magazines, and its new 2008 swimwear and resort wear lines have been featured in top fashion publications. The company expects retail orders to continue trending upward as press coverage, including new features in INSTYLE, Gotham, Life & Style,…

WednesdayApr 23, 2008 5:50 pm

NutraCea (NTRZ.OB) Appoints New Chief Financial Officer

NutraCea (NTRZ.OB), a leader in stabilized rice bran nutrient research and dietary supplement development, recently announced that Mr. Todd Crow stepped down from his role as chief financial officer and that Mr. Ken A. Mueller assumed his position. Mr. Crow will continue to assist the company on a consultancy basis to ensure a smooth transition of the chief financial officer responsibilities to Mr. Mueller. With over 20 years of experience working with private firms and Fortune 100 companies, Mr. Mueller was most recently the chief financial officer of Collins Financial Services, where he assisted the company in developing and implementing…

WednesdayApr 23, 2008 5:08 pm

Small Cap Voice Featured Client: Angstrom Microsystems, Inc. (AGMS.OB)

Angstrom Microsystems (AGMS) has developed innovative technologies to combat rising energy prices. As computers continue to increase in performance, the amount of energy required continues to rise. By using Angstrom’s liquid cooling, ultra-efficient power technologies and acceleration software, businesses can substantially decrease their computing costs by reducing the power needed. Angstrom has uniquely positioned itself as a Green Computing solutions company, providing environmentally friendly computing solutions that reduce dependence on foreign oils. The company’s solutions stand out from the competition as they require only minimal change to existing hardware and software configuration. The markets targeted by the company are large…

WednesdayApr 23, 2008 5:01 pm

Stratos Renewables Corp. (SRNW.OB) Establishes Partnership with RNK Capital and Secures Investment

Stratos Renewables Corp announced tonight after the bell that it has entered into a strategic alliance with affiliates of RNK Capital LLC to construct and manage commodity transactions in the global emissions trading market, including environmental products that Stratos may produce while conducting its sugar cane ethanol business. As terms of the agreement, Stratos will receive a percentage of the profits derived from sales of its environmental products. Stratos also announced in the press release that it has secured an equity investment from affiliates of RNK. "Stratos Renewables is pleased to be partnering with RNK on what we believe will be…

WednesdayApr 23, 2008 1:55 pm

Why Make a Trip to Stores when MyPhotoPipe.com Inc. (MPPC.PK) Can Develop High Quality Digital Photos Over the Internet?

Why waste time and $3.50/gallon gasoline to run to the local Kodak Store, when you can get the same results from your office or living room? Not only does MyPhotoPipe.com provide online photo processing services, but its services also include digital photo processing, photo finishing, online sharing, online hosting and selling of photographs, and online storage. All of these services can be done through their easy to use, interactive website. The Atlanta, Georgia based company’s services target studios, colleges, sports photographers, teams, landscape photographers, television stations, commercial decorating firms, studio photographers, modeling agencies, clubs, wedding photographers and other professional photographers,…

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