Blog - Page 4911 of 5680

FridayFeb 08, 2008 6:50 am

Art Technology Group, Inc. (ARTG) Announced Acquisition of CleverSet

Art Technology Group, Inc. (ARTG) announced that it has completed its acquisition of CleverSet in a transaction valued at approximately $9M in cash. The company had previously announced the agreement to acquire privately held CleverSet, a technology leader in the rapidly growing field of automated personalization engines for e-commerce. The CleverSet offering expands the company’s eStara e-commerce optimization services. These services, which include Click to Call, Click to Chat, Call Tracking and now, automated personalization, are delivered via a Software-as-a-Service (Saas) model and can easily be added to any Web site, whether built on the company’s platform or any other…

FridayFeb 08, 2008 6:48 am

Sun Healthcare Group, Inc. (SUNH) Announces 2008 Guidance

Sun Healthcare Group, Inc. (SUNH) announced guidance for 2008 and affirmed its 2007 guidance announced on Oct. 31, 2007. This 2008 guidance is based on the continuing operations of the company and assumes an effective income tax rate of approximately 40 percent. This guidance also assumes, among other things, no additional acquisitions or dispositions, a continued stable Medicare reimbursement environment and no net changes in the Medicaid environment. Capital expenditures, including maintenance capital expenditures for the facilities, IT capital expenditures and costs for currently planned build-outs of our Rehab Recovery SuitesSM, are expected to be in the range of $45…

FridayFeb 08, 2008 6:47 am

ABX Holdings, Inc. (ABXA) and Red Mountain Sign Confidentiality and Standstill Agreement

ABX Holdings, Inc. (ABXA) announced that it has entered into a confidentiality and standstill agreement with Red Mountain Capital Partners LLC, a California investment firm that owns 6.8% of the common share of ABX Holdings. Red Mountain is an investment firm based in Los Angeles that takes long term strategic stakes in micro cap public companies and works with management to increase shareholder value. Under the agreement, ABX Holdings has agreed to provide Red Mountain with certain non-public information about ABX Holdings on a confidential basis. Red Mountain has agreed that it will protect the confidentiality of that information, and…

FridayFeb 08, 2008 6:44 am

LookSmart, Ltd (LOOK) Announces New Partners

LookSmart, Ltd. (LOOK), an online advertising and technology solutions company, announced that HealthCare.com and the Pay Group International will begin to utilize the company's WhiteLabel products. Furthermore, LookSmart will also continue the expansion of their LookSmart AdCenter Marketplace. HealthCare.com, a leading online healthcare provider, is focused on providing healthcare content and tools that empower health seekers in their search for knowledge and care. In addition to the directory found at www.healthcare.com, HealthCare.com also powers varying online directory services. HealthCare.com, the most visited directory of health providers on the web, will become integrated into the AdCenter platform and share distributed advertisers…

FridayFeb 08, 2008 6:43 am

Valence Technology, Inc (VLNC) and The Tanfield Group Plc (TAN) Sign a Supply Agreement

Valence Technology, Inc (VLNC) announced that the company has entered into a contract with The Tanfield Group Plc (TAN). Under the terms of this agreement, Valence is to manufacture and supply safe Lithium Phosphate energy storage systems to power zero emission, all-electric commercial delivery vehicles. The Valence battery systems will be installed in leading-edge vans and trucks produced by Tanfield's UK-based trading division, Smith Electric Vehicles. Specifically, Tanfield will purchase up to $70 million of Valence products in the contract's first phase. This agreement will also result in Tanfield becoming the first volume customer for Valence's third generation Lithium Phosphate…

FridayFeb 08, 2008 6:41 am

Spooz, Inc (SPZI.OB) Transitions to Growth Stage

Spooz, Inc. (SPZI.OB) announced that the company has begun to transition from a developmental stage company to a growth stage company. This transition was followed by a significant increase in subscription services for Spooz's software products. Specifically, Spooz began to focus initial consumer growth measures in the financial centers of Chicago and New York. The company will utilize various sales initiatives to institutional brokers and traders, proprietary trading organizations, hedge funds and money center banks. Paul Strickland, CEO, stated, "We are excited about the prospects for rapid growth. Our strategy is to fine-tune the SpoozToolz Pro product and to launch…

FridayFeb 08, 2008 6:40 am

NutriPure Beverages, Inc (NUBV.PK) Defines its Unique Qualities

NutriPure Beverages, Inc (NUBV.PK) has announced their perspective on the positioning of its patented Nu2o beverage line. The Nu2o beverage is a vitamin-rich neutriceutical, far above the current quality of the competition's existing vitamin beverage brands. The vitamin beverage sector is exploding, as illustrated by the following release by PepsiCo regarding the marketing of their SoBe line. This press release 'On the heels of Sunday's highly anticipated, innovative and unprecedented Super Bowl commercial that introduced tens of millions of people to the idea of "Thrillicious", SoBe Life Water is blitzing the retail marketplace with its all-new line of SoBe Life…

FridayFeb 08, 2008 6:38 am

EnerBrite Technologies Group, Inc (ETGU.PK) Signs Edward Herbert to a Five Year Contract as President and Co-CEO

EnerBrite Technologies Group, Inc (ETGU.PK) announced that Mr. Edward Herbert has signed a five year contract as the President and Co-CEO of the Company. Previously, Mr. Herbert was appointed as a corporate officer in June of 2007, using his experience as a marketing and sales professional to stimulate significant corporate growth. Mr. Herbert has spent the last eighteen years implementing business operations for entrepreneurial companies in Canada and the U.S. He has a post graduate education with a BS Degree from Manhattan College in New York City and a MS Degree from Seton Hall University. During Mr. Herbert's past, he…

FridayFeb 08, 2008 6:36 am

Diamant Art Corporation (DIAAF.OB) Announces Significant Purchase Order

Diamant Art Corporation (DIAAF.OB) has announced that their wholly owned subsidiary – BioPlastics Film, Inc – has received an order for bio-degradable plastic film from Google. Goggle has made a commitment to become a company that values consumer responsibility during our current ecological crisis. This purchase order represents Google's goal of executing various environmentally sound strategies. Such strategies include reducing energy consumption by maximizing efficiency, investing in and utilizing renewable energy sources, and purchasing carbon offsets for emissions that can't directly reduced. During the past year, Google has been making great strides when utilizing new eco friendly solutions and optimizing…

FridayFeb 08, 2008 6:35 am

Advanced Communications Technologies, Inc (ADVC.OB) Announces Record-Breaking Revenue

Advanced Communications Technologies, Inc (ADVC.OB), a leading integrated reverse logistics holding company, announced that both of their wholly owned subsidiaries – Vance Baldwin Electronics and Cyber-Test -- attained record-breaking revenue levels in January 2008. Both subsidiaries had a combined revenue value of over $7 million, representing an increase of approximately 20% compared to the same period one year prior. Lisa Welton, president of Cyber-Test, stated, "We are pleased that Cyber-Test has managed to broaden its customer and product base since the beginning of the current fiscal year, which is a key reason that January was such a successful month. Business…

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