Blog - Page 4863 of 5436

TuesdayOct 30, 2007 4:05 am

Expanding Horizons: Benda Pharmaceutical, Inc (BPMA.OB) Subsidiary Developing Potential AIDS Vaccine

Benda Pharmaceutical, Inc (BPMA.OB), a China-based pharmaceutical company that produces traditional Chinese medicines, conventional medicines, as well as Gendicine (the world's first commercialized gene therapy medicine for the treatment of cancer), announced today that its subsidiary "SiBiono" had made major strides in developing an anti-AIDS gene therapy. This breakthrough marks SiBiono's and Benda's anticipated intent to enter into the $14 billion Chinese anti-AIDS drug market. SiBiono is acknowledged as the leading biopharmaceutical pioneer commercializing the first publicly available gene therapy treatment. In May 2007, Japanese gene therapy research institute DNAVEC formed a joint venture with SiBiono to develop the SeV-Gag…

TuesdayOct 30, 2007 4:00 am

PURE Bioscience (PURE.OB) Reports Year End Results

PURE Bioscience (PURE.OB), creators of patented silver dihydrogen citrate (SDC), the active ingredient in disinfectants that kill Staph/MRSA as well as other human pathogens, reported financial results for the year ended July 31, 2007. Revenues for PURE totaled $336,400, an increased of 68% when compared to revenues of $200,432 in the prior year. The Company also reported a loss from operations before taxes of $(4,840,800), or $(0.19) per share, compared with a loss of $(3,712,600), or $(0.19) per share, in the prior year. Michael L. Krall, President and CEO of PURE Bioscience, stated "In fiscal 2007 we continued to lay…

TuesdayOct 30, 2007 3:56 am

Airspan Networks, Inc. (AIRN) MicroMAX Wireless Broadband Access Solution Accepted by the Rural Utility Service

Airspan Networks, Inc. (AIRN), a fundamental provider of Wireless Broadband Access solutions, announced that the company's MicroMAX 5.8 GHz wireless broadband access solution has been accepted by the Rural Utility Service (RUS) for purchases under the RUS Broadband Loan Program. Airspan's MicroMAX system provides a low cost, high performance wireless internet solution, and the company's broadband access solution delivers high-speed data, Voice over IP (VoIP), in addition to multimedia services, to any level consumer. Amit Ancikovsky, Airspan's Vice President and General Manager for the Americas, stated, "Airspan is proud to introduce the first Airspan IEEE 802.16 compliant solution to the…

MondayOct 29, 2007 7:35 pm

Sirius Satellite Radio Inc. (SIRI) – XM Satellite Radio Holdings Inc. (XMSR) Deal Gets Congressional Support

A group of Democratic members of Congress have announced support for the proposed merger between Sirius Satellite Radio and XM Satellite Radio. However, this support still may not be able to sway government regulators with the power to make or break the deal. These members sent a letter to the Federal Communications Commission Chairman, Kevin Martin. They urged him to support the union of Sirius Satellite Radio (SIRI) and XM Satellite Radio (XMSR). Because this merger must receive approval from the FCC, as well as the Department of Justice, this letter was crucial in gaining support. The group says that…

MondayOct 29, 2007 7:28 pm

Southern Trust Securities Holding Corp. (SOHL.OB) Common Stock Commences Trading on the OTCBB

Southern Trust Securities Holding Corp. (SOHL.OB), a leading company in the financial services industry, announced that on Monday, October 29 the Company's common stock commenced trading on the Over the Counter Bulletin Board exchange under the trading symbol "SOHL". Southern Trust is based in Coral Gables, Florida and was formed in 1998. Currently, the company has two wholly-owned subsidiaries: Capital Investment Services, Inc and CIS Asset Management, Inc., a registered investment adviser. Capital Investment Services (CIS) is focused on managing financial portfolios for both the everyday individuals, pension funds, retirement plans, foundations, trusts and corporations. CIS offers clients access to…

MondayOct 29, 2007 7:26 pm

Avanex Corp. (AVNX) Signs Supply Agreement Extension with Alcatel-Lucent

Avanex Corporation (AVNX), a pioneer of intelligent photonics, announced that Alcatel-Lucent has extended their supply agreement for an additional three years. The Pirelli Group has also purchased the 12.4 percent stake in Avanex that was previously owned by Alcatel-Lucent. This unparalleled investment by Pirelli is evidence of Avanex's overall corporate strength that seeks to commercializes next generation photonics. Jo Major, CEO of Avanex, commented "We are pleased to have Pirelli enter the share capital of our company. Pirelli has a demonstrated history of advanced technology development, with many capabilities that are complementary to Avanex, and we look forward to future…

MondayOct 29, 2007 7:24 pm

Hybrid Technologies Inc. (HYBT.OB) and Sam’s Club (Wal-Mart Stores, Inc. (WMT)) Launch Lithium Smart Car to Miami Media

Hybrid Technologies, Inc. (HYBT.OB), an emerging leader in the development and marketing of lithium-powered products, announced that the company has entered into an agreement with Sam's Club. The nationwide retailer will be launching Hybrid's all lithium Smart Car to the media and public in Miami, Florida on Oct 30. The Smart Car package will formally go on sale at 12:00 pm on Nov. 8 at samsclub.com Sam's Club's is offering their members the opportunity to purchase Once-in-a-Lifetime holiday packages. One of the packages being offered is a 2007 Hybrid Technologies' lithium-powered Smart Car. Additionally, this package will include a VIP…

MondayOct 29, 2007 5:06 pm

Trimax Corp. (TMXO.OB) Receives Coverage from BoonMarket.com

BoonMarket.com sent their subscribers a special alert featuring Trimax Corp. (TMXO.OB). The website stated that they believe the upside potential for the stock is huge. One of the reasons why BoonMarket has chosen this as a favorite is because the stock has made a solid base and Trimax is believed to have more potential than the other companies researched. Trimax is focused on providing Broadband over Power Line (BPL) communication technologies. These technologies enable any outlet in a house or business the ability to provide high-speed internet access. Broadband over Power Line is growing in popularity and many predict that it will…

MondayOct 29, 2007 10:36 am

Dutton Associates Featured Company: Ampex Corporation (AMPX)

Ampex Corporation (NASDAQ: AMPX) is one of the world's leading providers of technology for acquisition, storage and processing of visual information. The company was founded in 1944 when audio recording technology was in the early stages of development, and over the past five decades Ampex has been at the forefront of revolutionizing visual information technology. Ampex is responsible for designing and marketing the first viable videotape recorder, the first slow motion color instant replay device, the first 3-D digital special effects system, the first composite digital video recorder, and the fastest, high capacity digital storage systems available. With thousands of…

MondayOct 29, 2007 9:05 am

Graystone Park Enterprises, Inc. (GPKE.PK) is “One to Watch”

Graystone Park Enterprises is an asset based holding company that was founded to assist small to midsize companies by providing the necessary resources for growth and better positioning. By utilizing a reverse merger and spin off structure, Graystone's acquisition partners benefit from a custom tailored program designed to create sustained growth and shareholder value. The company’s CEO, Dr. Steven A. Burhoe, has a diverse background that provides Graystone with the experience necessary to succeed in its business objectives. Dr. Burhoe has developed business plans for over 50 companies and has extensive knowledge working with startup companies. The company recently announced…

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