WednesdaySep 21, 2011 5:19 pm

InVivo Therapeutics Holdings Corp. (NVIV) Reports Positive Results of New Spinal Cord Injury Treatment on Rodents

InVivo Therapeutics Holdings Corp., a company focused on the development of groundbreaking technologies for the treatment of spinal cord injuries (SCI), today announced that preliminary data revealed that their proprietary biopolymer scaffold implant demonstrated positive therapeutic results with rodents. Following the implementation of the Company's technology in an acute SCI model, the data showed evidence of decreased scarring, decreased lesion size, and increased neural survival. These results reinforce previous positive data from Invivo's findings in hemisection models in both rodents and non-human primates. The major cause of SCI is motor vehicle accidents, sports-related accidents and falls. Most of the currently…

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WednesdaySep 21, 2011 3:29 pm

Victory Energy Corp. (VYEY) Buys into Oil and Gas Lease in Mississippi

Victory Energy reported the purchase of an ownership interest in an oil and gas lease in the Southern United States. Victory Energy is acquiring a 5.25% working interest in a 240 acre lease at the North Killarney oil prospect in Adams County, Mississippi. The company’s net revenue interest in the prospect is 3.938%. Victory Energy said that a well is scheduled to be drilled on the lease within the next thirty days. The Armstrong NK #1well will target the McKittrick or Wilcox Sand formation with the Sparta zone as a secondary objective. The total cost to the company for drilling…

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WednesdaySep 21, 2011 1:45 pm

Pearl Stream Implements QAD, Inc. (QADA) Enterprise Application to Support Boost in Plant Production

QAD Inc., a leading provider of enterprise software and services for global manufacturing companies, today announced that German-Korean-owned Pearl Stream, an electronic components manufacturer, has implemented QAD Enterprise Applications as part of the recent roll-out of its new plant in Poland. Founded earlier this year, Pearl Stream’s plant began production in April, manufacturing more than 10,000 electronics components per day, for use in televisions, home appliances and the automotive market. Pearl Stream began implementing QAD Enterprise Applications to support its aggressive production targets as part of its two-phased deployment strategy. The company said it chose QAD’s system for its scalability,…

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WednesdaySep 21, 2011 1:17 pm

LiteSolar Contracts Powin Corp. (PWON) Subsidiary for Significant Battery Order

Today, Powin Corp. subsidiary Powin Energy announced that they had received an initial purchase order from LiteSolar. The order is for approximately $400,000 in lithium rechargeable battery products. In addition to producing renewable energy products, Oregon-based Powin Corporation is a manufacturer of outdoor products such as outdoor cookware and grilling equipment, fitness and recreational equipment such as gun safes, truck parts, plastic products and furniture. LiteSolar is a full solar energy conversion company, offering design, financing and construction as well as operation and maintenance. LiteSolar also manufactures and installs solar-energy carports for residential and commercial sites. Powin subsidiary Quality Bending…

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WednesdaySep 21, 2011 1:15 pm

MiMedx Group, Inc. (MDXG) Partners with Veteran’s Administration and Department of Defense Preferred Supplier Affirmative Solutions

MiMedx Group, a leading integrated producer of regenerative biomaterial products/bioimplants processed from human amniotic membrane tissue, has reported a momentous partnership with one of the nation’s top medical device, biologic and spine product provider to U.S. VA (Veteran's Administration) and DOD markets, Affirmative Solutions. This is a huge move in the right direction for MDXG, partnering with a widely recognized Service Disabled Veteran-Owned Small Business like Affirmative Solutions, which has a solid network footprint that delivers a broad array of medical and commercial products to various MTFs (Medical Treatment Facilities). Affirmative is well positioned as a financial services support conduit,…

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WednesdaySep 21, 2011 12:06 pm

TiVUS, Inc. (TIVU) Turns Cash Drain into Cash Cow

It’s still relatively new today, but it represents the beginning of a marketing revolution. It’s IPTV, Internet Protocol television, integrating television’s huge audience with the control and interactive functionalities of the Internet. IPTV is seen by many as the next major step in home entertainment, offering end users a rich, customized, and flexible viewing experience, with a wide range of content, while offering providers and advertisers a world of opportunity to reach and interact with customers. The chance to target the viewing public in ways never before possible has already led to important shifts in the way some industries do…

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WednesdaySep 21, 2011 10:40 am

ENSERVECO Corp. (ENSV) Opens Operations Center in North Dakota

Today, ENSERVECO Corp. announced that it has opened its operations center in Killdeer, North Dakota. The facility is centrally located in the Williston Basin's Bakken Shale Formation, one of the largest and most active oil fields in the continental United States. It will serve a roster of major, mid-major and independent exploration and production customers with which ENSERVCO already does business. The company is a leading provider of well-site services to the domestic onshore conventional and unconventional oil and gas industries. The eight-acre site, which will house a fleet of specialized well-site service vehicles and construction equipment, also includes a…

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WednesdaySep 21, 2011 10:29 am

D. Medical Industries Ltd. (DMED) Announces Issuance of U.S. Patent No. 8,021,334 for Insulin Administration

D. Medical Industries Ltd., a medical device company focused on the research, development, manufacture and sale of innovative products for diabetes treatment and drug delivery, announced earlier today that it has been granted U.S. Patent No. 8,021,334, entitled "Drug Delivery Device and Method." This patent protects innovative valve technology that allows safe and reliable administration of a desired amount of insulin. In addition to other features, the technology is able to detect malfunctions that could lead to over or under administration. According to the press release, it’s an essential part of D. Medical's proprietary Intellispring™ and Total Line Control™ systems,…

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WednesdaySep 21, 2011 10:02 am

Gentium (GENT) Posts Q2, HY 2011 Financial Results

Gentium S.p.A., an Italy-based biopharmaceutical company, yesterday reported financial results for the first half of 2011 and the quarter ended June 30, 2011. The company's financial statements are prepared using the Euro as its functional currency as of June 30, 2011: EUR 1.00 = $1.44. For the second quarter ended June 30, 2011, the company reported total revenues of EUR 6.72 million compared with EUR 7.55 million for the same period in 2010. Operating costs and expenses for the second quarter 2011 were EUR 5.52 million compared with EUR 5.37 million reported for the second quarter of the year prior.…

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TuesdaySep 20, 2011 4:13 pm

Premier Alliance Group, Inc. (PIMO) Acquires Greenhouse Holdings, Inc. (GRHU)

Premier Alliance Group, Inc., a professional services company focused on business and technology consulting, announced today a merger with Greenhouse Holdings Inc. to expand their reach in the energy and federal government sectors. Greenhouse Holdings Inc. designs, engineers and installs products that allow companies and organizations to reduce their energy and carbon footprints. Since 2007, Greenhouse Holdings, Inc. has provided clients with energy-efficiency products, energy management systems, eco-friendly infrastructure, scalable bio-fuel and other proprietary technologies and products. GreenHouse reported annual revenues of $6.7 million in 2010. "GreenHouse is a leader in providing auto demand response (Auto-DR) programs, including energy and…

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