Blog - Page 4954 of 5669

SaturdayJan 19, 2008 8:04 pm

Seaway Valley Capital Corporation (SWVC.OB) Executes Term Sheet to Acquire Hospitality Group

Seaway Valley Capital Corporation (SWVC.OB) announced that the company has executed a term sheet and is currently in final negotiations to acquire a regional hospitality company. Specifically, this company specializes in consumer products and is based in the Upstate New York region. Furthermore, this company has gross assets of approximately $13 million and revenues of $5 million. Thomas Scozzafava, CEO of Seaway Valley, stated, "This acquisition, if consummated, would be strategic to Seaway Valley on a number of fronts. In addition to the management team that would join Seaway Valley, tremendous opportunities exist for cross selling and promotional efforts among…

SaturdayJan 19, 2008 8:02 pm

Pixelplus Co. Ltd (PXPL) Sensors to be Featured in Mobile Camera Phones

Pixelplus Co. Ltd. (PXPL), a leading semiconductor company in Korea that designs, develops, and markets CMOS image sensors for various consumer electronics applications, announced that the Company's highly customized PO4010 CIF 'System-On-A-Chip' image sensors will be featured in Samsung Electronics' mobile camera phones. Pixelplus specified that the company has already begun initial shipments of their PO4010 sensor to Samsung Techwin. Samsung Techwin will assemble and supply completed modules that incorporate the Company's PO4010 for use in upcoming mobile camera phones. Specifically, the PO4010 chip is based on Pixelplus' PlusPixel2 technology and is one of the industry's smallest and most compact…

SaturdayJan 19, 2008 8:01 pm

Jade Art Group, Inc. (JADG.OB) Announces an Exclusive Distribution Right Agreement

Jade Art Group Inc. (JADG.OB), a leading manufacturer of both hand-carved and machine-carved wood products in China, announced that their wholly owned subsidiary 'Jiangxi SheTai Jade Industrial Co., Ltd' has signed an Exclusive Distribution Right Agreement with Wulateqianqi XiKai Mining Co., Ltd [XiKai] for the distribution of jade. This agreement will commit XiKai to sell 90% of raw jade material produced from Jade's SheTai mine, located in Wulateqianqi, China. In exchange for this exclusive right, Jade Art Group is to transfer 100% ownership interest in their wholly-owned subsidiary, Jiangxi XiDa Wooden Carving Lacquerware Co., Ltd , in addition to $8.3…

SaturdayJan 19, 2008 7:59 pm

CytoCore, Inc. (CYOE.OB) Appoints EVC Group as New Communications Counsel

CytoCore, Inc (CYOE.OB) announced that the company has recently appointed EVC Group, Inc. as their agency of record. EVC Group will be responsible for investor relations, corporate communications, and trade media relations. The firm will create and implement a proactive program designed to build awareness amongst investors and other targeted audiences. Robert McCullough, CEO of CytoCore, stated, "As CytoCore expands its European launch of the SoftPAP(TM) cell collector, and plans a U.S. launch within the next 90 days, it is important for our Company to continuously communicate our progress against plan as well as to expand our awareness with potential…

SaturdayJan 19, 2008 7:58 pm

Silverstar Holdings (SSTR) and Crave Entertainment Sign North American Distribution Agreement

Empire Interactive, a wholly owned subsidiary of Silverstar Holdings (SSTR), has signed an exclusive North American distribution agreement with Crave Entertainment Group [CEG]. Under the terms of this agreement, CEG will sell and market Empire's 'Ford Racing Off Road' for the PlayStation2 computer entertainment system, PSP system, and Nintendo Wii platform. Ford Racing Off Road will be the first game in a new line of Ford racing games. Ford Racing will take place off road and tough terrain, which Ford and Land Rover vehicles were made for. Ian Higgins, CEO of Empire Interactive, stated, "We are delighted to be partnering…

FridayJan 18, 2008 8:54 pm

Medefile International, Inc. (MDFI.OB) is “One to Watch”

PainCare is a world-class leader in the delivery of pain management solutions, including interventional pain management, minimally invasive spine surgery, orthopedic rehabilitation, physiatry, ambulatory surgery centers, and diagnostics. The Company provides practice-enhancing services in two distinct ways, either as an ancillary service provider to existing practices or through mutually beneficial practice acquisitions. PainCare's quickly growing network of well-established, highly profitable owned practices and partner practices replicate the fulfillment of a need in the field of pain management to provide patients with better, more accessible solutions for pain-related diagnosis and treatment. PainCare is rapidly creating an inclusive network of centers that…

FridayJan 18, 2008 5:20 pm

Hammonds Industries, Inc. (HMDI.OB) Awarded Initial Order from the Boeing Company for the Purchase of Omni Directional Vehicles®

Ground Support Worldwide, a leading trade publication in the aircraft handling and support equipment industry, has published its January 2008 edition featuring a full cover picture of the Omni Directional Vehicle. Built by Hammonds Industries, the ODV® tows heavy loads in any directions and is revolutionizing material handling and airline towing. Hammonds’ ODV® is a unique vehicle that can move in every direction, including sideways, and the Company has multiple U.S. and foreign patents that cover its use as an aircraft that can tow tractors, forklifts, high-capacity pallet jacks, people movers, security vehicles, highway mowing machines and terminal freight tractors.…

FridayJan 18, 2008 4:40 pm

Aladdin Beverage (ADTJ.PK) has a Whole 6-Pack of Genies in a Bottle

Aladdin is taking center stage among consumers with their distribution of Organic beer. Aladdin Beverage (ADTJ.PK) is at the forefront of this trend within the beer industry, growing from $9 million in 2003 to $19 million in 2005, according to the Organic Trade Association. "You see some domestically brewed organic beers in the market, but very few imported organic beers. We capture two emerging niches in the beer industry by signing with Green Man Brewery -- organic beer and imported beer," states Ted O'Connor, President of Aladdin Beverage. Green Man Lager (4.8% above), their inaugural brews, is a light and…

FridayJan 18, 2008 4:38 pm

Does Cord Blood America, Inc. (CBAI.OB) have “Super Stem Cells?” Volume Spikes on Thursday

Cord Blood America (CBAI.OB) is focused on becoming the most respected stem cell preservation company in the world, and after its Thursday volume of over 700,000 shares, many people would argue that they are on the right track. The company plans to achieve its goal by educating expectant parents, families with a history of disease, critically ill patients, and all others who wish to learn about their life saving service. Through its subsidiary, CorCell, the company is a licensed and accredited cord blood company, which has been dedicated to its work since 1995. The company began in Pennsylvania as the…

FridayJan 18, 2008 4:34 pm

Paper Shareholders Want Action

With pulp prices at a 12 year high, Mercer International, Inc.’s (NASDAQ: MERC), a large global pulp producer headquartered in Canada but with facilities also in Europe, shareholders announced that they have established a committee to look into unlocking value of the company, either by sale or a joint venture with a partner. Mercer, which has seen its stock price nearly halved at 7.55 recently, off from a five-year high of 13.74, has suffered a steep earnings decline and is projecting no real relief in the coming year. Mercer, which earned 2.27 for the full year in 2006, is expected…

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