ThursdaySep 15, 2011 12:48 pm

First Surgical Partners Inc. (FSPI) Updates Public on Company Operations

First Surgical Partners, Inc. released an announcement today to provide updates on its current operations. The company, which provides non-emergency surgeries through two ambulatory surgery centers and a general acute care hospital, increased its total case volume to 3,137 in the sixth month period ending on June 30th. These numbers represent a 3.1% increase in volume over the same period last year. During this sixth month period, First Surgical also added three new physician partners, bringing the total surgical staff to 37. First Surgical anticipates having approximately 45 physician partners by the end of 2011. In the fourth quarter of…

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ThursdaySep 15, 2011 12:45 pm

Arabian American Development Co. (ARSD) Reports Lease Approvals in Saudi Arabia

Arabian American Development Co. reported that the company received approval for four additional mining leases in Saudi Arabia. The company believes that the areas are prospective for gold, copper, zinc, nickel, and silver. The leases were awarded to Al Masane Al Kobra Mining Company, a joint stock company active in Saudi Arabia that is 37% owned by Arabian American Development Co. The leases were explored previously by Arabian American Development Co. in the 1980’s at a cost of $3 million. Arabian American Development said that the leases are in the Al Masane area of Najran province and are near to…

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ThursdaySep 15, 2011 12:09 pm

China Botanic Pharmaceutical (CBP) Posts Strong Q3 Results, Guidance

China Botanic Pharmaceutical Inc., a biopharmaceutical and botanical products developer in the People’s Republic of China, today announced financial results for the three months ended July 31, 2011, reflecting increases across the board. Third quarter net sales increased 33.6 percent to $12.4 million compared to $9.3 million during the same period in 2010. The company attributes the increase mainly to a year-over-year increase in average selling prices of the company's products. Net income for the third quarter of 2011 rose 73.0 percent to $2.5 million, or $0.07 per diluted share. Gross profit increased 60.8 percent to $7.5 million compared to…

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ThursdaySep 15, 2011 10:07 am

Procera Networks, Inc. (PKT) Announces $6 Million Second Follow-On Order with Leading North American Company

Located in Fremont, California, Procera Networks has quickly earned a reputation as a leader in the development of Intelligent Policy Enforcement (IPE) solutions. Yesterday, Procera took a major step towards prominence with the announcement they have received a $6 million second follow-on order from a leading North American Cable MSO. This order comes just six months after the MSO awarded a $2 million follow-on order in April 2011. Procera’s PacketLogic technology is being deployed in all of the MSO’s geographies; replacing a leading competitor and symbolizing further growth for the young company as it expand its footprint and continues competitive…

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ThursdaySep 15, 2011 10:03 am

PositiveID Corp. (PSID) Expanding Their Biological Detection Capabilities

On Wednesday, PositiveID Corp. announced that the Company is expanding their biological detection capabilities to include the detection of H5N1, or avian flu. This is amid signs that a mutant strain of the deadly bird flu virus is spreading overseas. Via their MicroFluidic Systems (MFS) subsidiary, PositiveID has the biological capability to detect virtually any virus, bacteria, or toxin in an environmental or clinical environment. The Company is completing a test to identify, cost-effectively and quickly, the mutant strain of H5N1. They expect to have their laboratory development completed in the fourth quarter of this year. PositiveID has created and…

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ThursdaySep 15, 2011 9:48 am

TiVUS, Inc. (TIVU) Announces Expansion of Proprietary HD IPTV Solution to Resort Industry

Shortly after the opening bell, TiVUS, Inc. announced it has begun teaming with high-end coastal resort properties to directly provide complete high-definition Internet protocol television (HD IPTV) entertainment and in-room WiFi solutions. Through the Company’s cutting-edge entertainment solutions, these remote and virtually unserved hotel resort properties can now offer guests the same technological amenities that one expects from any major property. "From Cancun to Waikiki, remote coastal resorts attract millions of travelers to scenic vistas and exotic cultures; yet, the resort segment of the hospitality industry has long been without a complete, world-class, single-source entertainment and Internet solution for its…

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ThursdaySep 15, 2011 8:07 am

STAAR Surgical Co. (STAA) Updates on Product Launch, Participation in 2011 Congress of European Society of Cataract and Refractive Surgeons

STAAR Surgical Company, a leading developer of minimally invasive ophthalmic products, detailed its activities scheduled before and during the 2011 Congress of European Society of Cataract and Refractive Surgeons (ESCRS) this weekend, during which the company will officially launch two key products in Europe and other countries that accept CE Mark approvals. The Congress will be held in Vienna, Austria, September 17 through 21, 2011. STAAR will launch its Visian Implantable Collamer® Lens (ICL) with CentraFLOW™ technology, which utilizes the KS-AquaPORT™, and the nanoFLEX™ IOL, both of which the company received CE Mark approval for in April 2011. Beginning tomorrow,…

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WednesdaySep 14, 2011 3:34 pm

North Springs Resources Corp. (NSRS) Acquires Nevada Property with Potential for Gold Discovery near Mineral Ridge Mine in Silver Peak Mountains

North Springs Resources Corp., an exploration stage company primarily engaged in the acquisition of interests and leases for the development and production of oil and gas wells, today announced that it has purchased the mineral rights to the North Springs Gold Property in Nevada's Mineral Ridge Mining District. The land encompasses a 60 mile stretch of the mountains in Esmeralda County that separates the Sierra Nevada to the west and southwest and the Great Basin to the east and northeast. The North Springs Gold property, located at the heart of the Silver Peak mining district known as the most productive…

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WednesdaySep 14, 2011 2:36 pm

TiVUS, Inc. (TIVU) is First in Line to Benefit from Hotel Industry Recovery

What a difference a couple of years can make. Until this year the hotel industry was facing major reductions in traffic, as business travelers and tourists handled sharp budget constraints by staying home. But now, to the surprise of some, the industry finds itself in a new world. Rooms are filling up quickly as businesses compete for opportunities that are just now starting to bubble up, and families schedule long postponed trips. In August, over 105 million hotel rooms were sold, with July nearly as good. As a result, hotels are starting to cut back on desperation promotions, allowing revenue…

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WednesdaySep 14, 2011 2:27 pm

Fast Track Designations Given for QLT, Inc. (QLTI) Drug to Treat Two Diseases

QLT, Inc. is an ocular-focused company dedicated to the development and commercialization of novel ocular products. The company's particular focus is on the development of drugs for the treatment of certain inherited retinal diseases. The company today announced that its oral synthetic retinoid for retinal diseases, QLT091001, has been granted two fast track designations by the U.S. Food and Drug Administration (FDA). The first is for the treatment of Leber Congenital Amaurosis (LCA) and the second is for the treatment of autosomal recessive Retinitis Pigmentosa (RP). In both cases, the diseases are caused by inherited mutations in the LRAT and…

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