TuesdayJun 19, 2007 12:32 pm

Top Closers with Big News

Every public company loves to put out good news and see the reflection in its stock price. The following three companies released positive news of some kind today or late yesterday and then watched as their stock prices closed very strong.PhytoLabs Inc. (OTCBB: PTYL) is once again increasing its stock price after releasing positive news within the company. Last week, PhytoLabs announced a consumer contest to create the new company brand, and this week has issued a statement confirming distribution rights overseas in Finland and Denmark. The company announced today in a press release that it has signed a sub-license…

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TuesdayJun 19, 2007 12:32 pm

Birch Mountain (AMEX:BMD) Shares Climb 15 Percent on Word of Long-Term Contract

Birch Mountain Resources Ltd. (AMEX: BMD) shares closed at $3.63 today, up 48 cents, or 15 percent in afternoon trading. The company announced today it signed a three-year contract with Suncor Energy Inc. (AMEX: TSX) for the supply of construction aggregates from its Muskeg Valley Quarry.Though the company said the terms of the contract are confidential, Joel Jarding, president and CEO of Birch Mountain said this is the first long-term aggregate of its kind in the oil sands of Alberta. "Shifting to longer-term contracts as opposed to the historical spot market is a strategic opportunity for Birch Mountain with mutual…

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TuesdayJun 19, 2007 12:32 pm

SatCon Technology Corporation (SATC) Jumps Up after SolarCraft Announcement

Shares of SatCon Technology Corporation (Nasdaq: SATC) jumped up today after news of its teaming with SolarCraft to install its solar energy system at Paramount Farms Inc. was announced early this morning. SATC closed up 14 cents (13 percent) at $1.24 per share on volume of 346,587.The company reported that its PowerGate commercial grade inverters have been installed as an integral part of a SolarCraft installed 1.1 Megawatt solar energy system at Paramount Farms, the world's largest vertically integrated supplier of pistachios and almonds. The installation, located in California's San Joaquin Valley, spans 8 acres and is reportedly one of…

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TuesdayJun 19, 2007 12:32 pm

Failed Study Turns Allos’ Therapeutics Inc (ALTH) Focus, Drives Shares Up

Allos Therapeutics Inc. (NASDAQ: ALTH), a biopharmaceutical company engaged in the development and commercialization of small molecule drugs for the treatment of cancer, announced today the results from its ENRICH study failed to meet its primary endpoint.ENRICH is the company's pivotal Phase 3 study of Efaproxyn combined with whole brain radiation therapy (WBRT) in women with brain metastases (cancer) originating from breast cancer. The study failed to reach its goal of demonstrating a significant improvement in overall survival in patients receiving the drugs in combination, as compared to those patients only receiving WBRT. Women participating in the study were given…

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TuesdayJun 19, 2007 12:32 pm

Nortel (NT) & MDI Inc (MDII) Teaming Up for Extra Security

Shares of MDI Inc. (Nasdaq: MDII) jumped up today after news of the deal with Nortel Networks Corp. (NYSE: NT) was announced early this morning. MDII was up 23 cents (19 percent) at $1.46 per share on volume of 717,016.The company entered into a business agreement designed to promote Nortel's comprehensive network communications and information security solutions together with MDII's unified security technology solutions across multiple vertical markets. Nortel will leverage existing global sales channels and business development resources to promote the MDII product line. Nortel is the exclusive systems integrator for the Learn Safe school safety and security program,…

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TuesdayJun 19, 2007 12:32 pm

EastBridge Investment Group (EBIG.OB) to Bring Amonics to American Stock Market

Share prices for EastBridge Investment Group (OTCBB: EBIG) jumped 8.33 percent today after the company announced "several positive developments" earlier this morning.According to the company's most recent press release, EastBridge is with Hong Kong-based fiber optics and optical science firm Amonics Limited to have the latter company listed on one of the United States-based stock markets. EastBridge gave a number of reasons for having Amonics posted to the American markets, such as the company's recent sale and delivery of 14 high-power CATV transmitters to a leading U.S. cable TV company; the company's recent entry into the bio-photonics market; and the…

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TuesdayJun 19, 2007 12:04 pm

SATC Jumps Up after SolarCraft Announcement

Shares of SatCon Technology Corporation (Nasdaq: SATC) jumped up today after news of its teaming with SolarCraft to install its solar energy system at Paramount Farms Inc. was announced early this morning. SATC closed up 14 cents (13 percent) at $1.24 per share on volume of 346,587. The company reported that its PowerGate commercial grade inverters have been installed as an integral part of a SolarCraft installed 1.1 Megawatt solar energy system at Paramount Farms, the world's largest vertically integrated supplier of pistachios and almonds. The installation, located in California's San Joaquin Valley, spans 8 acres and is reportedly one…

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TuesdayJun 19, 2007 11:51 am

Simtrol, Inc. (SMRL.OB) Teams with the Polycom ARENA Program

Simtrol, Inc. (SMRL.OB), reports that it has joined the Polycom ARENA program to provide digital arraignment solutions to local, state and regional governments.  Polycom, a leader in unified collaboration communications, initiated the ARENA program to allow software application providers, hardware device manufacturers, and conferencing solution providers to integrate their products with Polycom's industry leading unified collaboration platform to create new applications.   "Polycom's ARENA program is focused on creating unique solutions such as Simtrol's Curiax Arraigner(TM) digital arraignment software that address application needs in growing market segments like telejustice," said Mark Roberts, Vice President, Polycom ARENA program. "Simtrol's solution is a…

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TuesdayJun 19, 2007 9:54 am

The Shares of Reeds, Inc. (REED.OB) Soar Up 11.85 Percent Today on Solid Volume of 63k Shares Traded, as Company Completes Financing

Reed's, Inc. (REED.OB) reports that it has closed on approximately $4.3 million of additional subscriptions from accredited investors in connection with the completion of a $9.0 million private placement of its restricted securities. The Company closed on subscriptions for approximately $4.7 million of its restricted securities in June 2007, bringing the total amount raised to $9.0 million in the private placement. Proceeds from the private placement will be used to fund growth initiatives, as well as for general corporate and working capital purposes.    Christopher Reed, Founder and CEO of Reed's, Inc., stated, "We are thrilled by the level of interest…

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TuesdayJun 19, 2007 9:39 am

VIASPACE Inc. (VSPC.OB) Continues to Build its Intellectual Property Portfolio, as Company Files New Patent Application for Tamper Resistant Fuel Cartridges

VIASPACE Inc. (VSPC.OB), reports that its Direct Methanol Fuel Cell Corporation (DMFCC) subsidiary has filed a patent application for tamper resistance for fuel cartridges that provide fuel for micro fuel cells that power small electronic devices such as notebook computers, cell phones, portable e-mail devices, PDAs, music players and external chargers.      Dr. Carl Kukkonen, CEO of both VIASPACE and DMFCC, reports, "With this patent application, we are adding to our existing large intellectual property portfolio on direct methanol fuel cells and cartridges to power them. Many of our potential customers are looking at very small fuel cell applications requiring…

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