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FridayOct 19, 2007 4:37 am

Rimage Corp. (RIMG) Reports Record Third Quarter Operating Results

Rimage Corporation (RIMG) reported sales of $33,650,000 for the third quarter of 2007 which has ended September 30. This sales figure represents a 36% increase from $24,777,000, a value that was reported one year earlier. Additionally, third quarter earnings have totaled $6,203,000 or $0.59 per diluted share, up 40% from $4,441,000 or $0.43 per diluted share in the third quarter of 2006. This increase of corporate performance can be attributed to an increase of sales of the company's high end disc publishing systems. As the company anticipated, revenues of $8.4 million were gained through only two major purchases by national…

FridayOct 19, 2007 4:30 am

eTelcharge.com, Inc. (ETLC.OB) Signs Letter of Intent With enStage

Etelcharge.com (ETLC.OB) announced that the company has signed a Letter of Intent with enStage, of Cupertino, CA, earlier today. This Letter of Intent states that both companies are prepared to jointly launch a program where any Etelcharge member can be provided with a "digital prepaid card". This prepaid card can be used to purchase goods from any online merchant that accepts Visa or MasterCard. Furthermore, this Letter of Intent shows how Etelcharge's is prepared to enter an industry sector that is valued at $8 billion and growing at an exponential rate. Rob Howe, Chairman and CEO of Etelcharge , commented,…

FridayOct 19, 2007 4:28 am

NeoStem, Inc’s (NBS) Video Details Promise of Current Adult Stem Cell Clinical Trials Targeting Widespread Diseases

NeoStem, Inc. (NBS), a leading-edge healthcare company that intends to capitalize on existing stem cell applications, has released an investor video detailing the promise of adult stem cells. Currently, clinical trials are underway to treat many of the world's most intractable diseases through stem cell therapy. In fact, this industry is so prevalent that analysts predict that the adult stem cell industry will generate approximately $8.5 billion in revenue by 2016. Robin Smith, MD, MBA, Chief Executive Officer of NeoStem, also details why the Company's services should play a key role as the field of Regenerative Medicine fulfills the promise…

FridayOct 19, 2007 4:26 am

Radyne Corporation’s (RADN) AeroAstro to Upgrade Globalstar’s Messaging Capacity

Radyne Corporation (RADN) announced that the company's wholly owned subsidiary, AeroAstro, will supply Globalstar with various network upgrades. These network upgrades will enhance customer messaging capacity, amongst a plethora of other advantages. According to this agreement, AeroAstro will provide ground network by upgrading the number of receivers that the company currently utilizes. These upgrades will expand the current subscriber messaging capacity up to 10 times and increase receiver sensitivity of the network by up to 40 percent. Myron Wagner, Radyne's CEO, commented, "AeroAstro's technology lead in low cost reliable remote monitoring continues to drive new sales in this high growth…

FridayOct 19, 2007 4:24 am

North American Technologies, Inc. (NAMC.OB) Announces Contract Award

North American Technologies Group, Inc. (NAMC.OB), a leader in engineered composite technology, has announced today that its wholly owned subsidiary,TieTek LLC, has been awarded a contract to supply over 63,000 crossties for the Chicago Transit Authority Blue Line -- Replacement Tie Project. TieTek is a company that processes recycled plastics, discarded tires, and other materials to safely manufacture engineered composite products. These products provide a safer alternative to materials such as hardwood, concrete, and steel that are utilized in many modern applications. In fact, TieTek's products have been rigorously tested by the Association of American Railroads. Alex Rankin, NAMC's Chief Executive…

FridayOct 19, 2007 4:20 am

StockerYale (STKR) Acquires Spectrode, LLC

StockerYale, Inc (STKR), one of the leading designers and manufacturers of structured light lasers, LED modules, and optical fibers, announced the acquisition of assets and intellectual property of Spectrode LLC. Spectrode LLC, which is currently the developer of the specialized Thulium Doped Fiber Laser technology. Under the terms specified in this agreement, all of Spectrode's patents and patents pending will be assigned to StockerYale. Such patents include the prevelent "Gain Switched Fiber Laser System", amongst others. Regarding Spectrode LLC, Spectrode LLC is a spinoff of AZNA LLC. AZNA LLC is a provider of chirp managed directly modulated lasers and was founded…

FridayOct 19, 2007 4:17 am

Orthovita, Inc (VITA) and Allergan Sign Binding Term Sheet for Bovine Collagen Raw Material, Equipment and Technology License

Orthovita, Inc. (VITA), a leading spine and orthopedic surgery company, announced that the company has officially entered into an agreement with Allegen, Inc. This agreement specifies that Orthovita will acquire raw material, equipment and technology licenses from Allergan, Inc. and its affiliate Allergan Sales, LLC for $6.6 million in cash. At this time, Orthovita expects the deal to be inked on October 31, 2007. The raw material and equipment that will be acquired relate directly to Orthovita's VITAGEL® Surgical Hemostat product. Allergan, currently supplying collagen for VITAGEL, will manufacture and supply specified quantities of collagen to Orthovita by the time the…

FridayOct 19, 2007 4:13 am

Monumental Marketing Inc (MNUM.OB) Appoints Two New Board Members

Monumental Marketing Inc. (MNUM.OB) announced the appointment of Malcolm S. Taub and Edward Agabs to the company's board of directors. Both individuals bring over 50 years of legal, finance, security, and management expertise to the company. Mr. Taub is a lawyer with over 33 years of experience regarding business and legal issues. In addition to his lawyer experience, Taub also has experience in the issue of corporate communications in the business, finance, technology, real estate and securities law industries. Furthermore, Mr. Taub has provided consulting services to the Market Surveillance Department of the NYSE and the Stock Exchange in Buenos…

FridayOct 19, 2007 4:13 am

SOYO Inc. (SOYO.OB) Freestyler 600 Bluetooth Headset Receives Favorable Review

SOYO Inc. (SOYO.OB), an innovative provider of computer and consumer electronics products, announced that the company's Freestyler(tm) 600 Bluetooth Headset received a very favorable review from Benchmarkreviews.com. The Freestyler(tm) 600 received an 8.0 for Presentation, an 8.25 for Appearance, an 8.5 for Construction, a 7.5 for Functionality, a 9.0 for Value, an overall rating of 8.25 out of 10. The review stated, "SOYO presents their new product as a basic, easy to use Bluetooth solution for use with any cell phone. Their new Freestyler(tm) 600 is well constructed, and from a style point of view is relatively small. The unit…

FridayOct 19, 2007 4:11 am

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Rimage Corp. (RIMG) Reports Record Third Quarter Operating Results

eTelcharge.com, Inc. (ETLC.OB) Signs Letter of Intent With enStage

NeoStem, Inc’s (NBS) Video Details Promise of Current Adult Stem Cell Clinical Trials Targeting Widespread Diseases

Radyne Corporation’s (RADN) AeroAstro to Upgrade Globalstar’s Messaging Capacity

North American Technologies, Inc. (NAMC.OB) Announces Contract Award

StockerYale (STKR) Acquires Spectrode, LLC

Orthovita, Inc (VITA) and Allergan Sign Binding Term Sheet for Bovine Collagen Raw Material, Equipment and Technology License

Monumental Marketing Inc (MNUM.OB) Appoints Two New Board Members

SOYO Inc. (SOYO.OB) Freestyler 600 Bluetooth Headset Receives Favorable Review

Monumental Marketing Inc (MNUM.OB) Appoints Two New Board Members

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