Blog - Page 4911 of 5593

FridayJan 04, 2008 6:19 pm

Ted Deikel, Investor and Noted Direct Marketing Retailer Increases Position in uBid.com (UBHI.OB)

uBid.com (UBHI.OB), one of the leading business-to-consumer and business-to-business online auction companies, announced that Ted Deikel has purchased an additional 466,000 shares of ubid.com common stock, bringing his total position to 12% of their common stock. Ted Deikel is often regarded as a veteran investor, once serving as the CEO for Fingerhut. This specific purchase of 466,000 shares follows Mr. Deikel's November 2007 purchase of 1,784,000 shares of uBid.com stock, approximately 10% of uBid's outstanding shares at the time. Ted Deikel commented, "I believe now, as I did in November, that uBid's wealth of online selling expertise, strong relationships with…

FridayJan 04, 2008 6:19 pm

Escalon medical Corp (ESMC) Announces FDA Clearance for Sonomed MASTER-VU B-Scan System

Escalon Medical Corp. (ESMC) announced that the company's wholly owned subsidiary 'Sonomed, Inc' has received 510 clearance from the U.S. Food and Drug Administration. As a result, the company will now be able to fully market their MASTER-VU ophthalmic B-scan ultrasound system without any legal implications. Specifically, the MASTER-VU System consists of a B-scan probe that can be interfaced to a standard personal computer or laptop using Sonomed's software; converting any personal computer into an ophthalmic ultrasound system. Barry Durante, Sonomed's President stated, "The FDA clearance, along with the previously received CE certification, will allow Sonomed to market this new…

FridayJan 04, 2008 6:17 pm

Anadys Pharmaceuticals, Inc (ANDS) Announces Positive Test Results

Anadys Pharmaceuticals, Inc. (ANDS) announced preliminary data derived from two studies of the company's ANA598 drug, focused on treating the hepatitis C virus. According to the company; "Two animals chronically infected with HCV genotype 1b each received once-daily oral doses of ANA598 at 30 mg/kg for four days. A rapid viral load decline was seen in both animals. At 48 hours (24 hours after the second dose), viral load declines were 2.2 and 2.6 log10 in the individual animals. In one animal the viral load reduction was sustained throughout the remaining dosing period, while in the second animal a modest…

FridayJan 04, 2008 6:16 pm

NexMed, Inc (NEXM) Appoints Dr. Jay Birnbaum to Its Scientific Advisory Board

NexMed, Inc (NEXM), a developer of innovative transdermal products, announced that Jay Birnbaum Ph.D. has joined the Company's Scientific Advisory Board. As a result, NexMed's board of directors has now increased to include four scientific leaders. Dr. Birnbaum currently serves a medical research consultant, focused on ethical and OTC dermatologicals, devices, and cosmeceuticals. Prior to establishing his consulting company in 1999, Dr. Birnbaum was employed by Novartis/Sandoz Pharmaceuticals Corporation, serving most recently as Vice President of Global Project Management. During that time period, Dr. Birnbaum was responsible for oversight and management of Novartis's dermatology projects. Dr. Birnbaum earned his Ph.D.…

FridayJan 04, 2008 6:05 pm

A Golden Opportunity for New Wave Media Inc. (NWWV.PK) in Nicaragua

Bonanza is an appropriate name for a district in Nicaragua, because this stretch of land is unknown to yield new gold reserves with uncommon frequency. Surveys show that more than half of all the land in Bonanza district has quantities of gold that can be mined profitably. That is why the exclusive agreement signed by New Wave Media Incorporated (OTC: NWWV.PK) with the present owners of prime land in the gold-rich part of Nicaragua has so much stock investment potential. New Wave Media now has a one-year right to purchase the land for a mere quarter of a million dollars.…

FridayJan 04, 2008 6:00 pm

Better BioDiesel, Inc (BBDS.OB) Signs Letter of Intent to Acquire GeoAlgae Technologies, Inc.

Better BioDiesel, Inc (BBDS.OB), announced that the company has signed a letter of intent with GeoAlgae Technologies, Inc, a company focused on producing low cost, renewable feedstock. Both companies’ expect that this acquisition will allow new opportunities for additional production of both feedstock and blended bio-fuels. Currently, GeoAlgao's s executive team consists of Kenneth R. Bennet, former Arizona State Senator and Ronald D. Lewis, a leading Research Scientists. Mr. Bennett has over twenty years of experience as an executive in the fuels and oil distribution industry, serving as CEO of Bennett's Oil Co. and is currently serving as a member…

FridayJan 04, 2008 5:59 pm

SOYO Inc (SOYO.OB) to Debut New Honeywell Line of Altura LCD HDTV's

SOYO Inc. (SOYO.OB), an innovative provider of computer and consumer electronics products, released details regarding Honeywell’s line of Altura LCD HDTV's, the first TV produced under the Honeywell brand name. The Honeywell line of Altura LCD HDTV's feature full HD 1080p resolution and will debut at the CES show in January 2008. This line of HDTV's was specifically designed to fit into the consumer and commercial markets, and made of steel with a brushed aluminum bezel. The Honeywell line of Altura LCD HDTVs include the following features: -- High definition native resolution 1920x1080 with response times of 4ms (57 inch…

FridayJan 04, 2008 5:57 pm

Onstream media Corporation (ONSM) Announces Recent Developments

Onstream Media Corporation (ONSM) a leading online service provider of live and on-demand digital media communications, announced the following recent developments: 1) Webinar Service - The Company has completed the development of their new lead generation webinar service. As an enhancement to their existing Visual Webcaster platform, this new service will provide a means to hold a virtual seminar on-line in real time. 2) Quickcast- Onstream is currently beta-testing this product and will release this product to the general market shortly. In particular, this product will enable users to self-deploy dynamic PowerPoint presentations online, equipped with uploading, viewing, editing, storage,…

FridayJan 04, 2008 5:56 pm

EDGAR Online, Inc. (EDGR) Announces Resignation of Chief Financial Officer

EDGAR Online, Inc. (EDGR) announced that Greg D. Adams, Chief Financial Officer and Chief Operating Officer, has resigned from both positions to pursue other interests. However, Mr. Adams will continue to serve as CFO until EDGAR Online files their 2007 Annual Report and Form 10-K or March 15, 2008. EDGAR Online has already initiated a search for a new CFO and is currently evaluating candidates. Philip D. Moyer, the company's Chief Executive Officer said, "We thank Greg for his contributions to EDGAR Online during the last nine years. Greg's leadership has been instrumental in EDGAR Online's success since its initial…

FridayJan 04, 2008 5:55 pm

CelLynx, Inc (NRPT) Closes $2 Million Equity Financing; Company Agrees to Merge With Public Company

CelLynx, Inc (NRPT), a leading developer of breakthrough signal-amplification technology, announced that the company has signed definitive agreements for $2 million in equity financing with a group of accredited investors. CelLynx intends to use the proceeds from this financing for the advancement of their proprietary, patent-pending 5BARz technology. The company believes that, thanks to this financing, they will be able to drive this product from its current prototype stage into a final commercialization state by the year end of 2008. Furthermore, CelLynx also announced that they have entered into a separate definitive agreement to be acquired by NorPac Technologies, Inc.…

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