WednesdayAug 31, 2011 5:16 pm

LTX-Credence (LTXC) Posts Q4, FY2011 Results; Revenues Shy of Previous Guidance

LTX-Credence Corp., a global provider of ATE solutions, today announced financial results for its fourth quarter and fiscal year ended July 31, 2011. The company reported fourth quarter 2011 sales of $62.6 million, a decrease compared to sales of $73.1 million for the fourth quarter of 2010, but up from previous quarter sales of $58.6 million. Net income for the 2011 quarter was $12.0 million, or $0.24 per diluted share, a decrease from $14.1 million, or $0.09 per diluted share, reported for the fourth quarter of last year. On a non-GAAP basis, net income for the 2011 quarter was $13.8…

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WednesdayAug 31, 2011 1:55 pm

Uranium Energy Corp. (UEC) Agrees to Purchase Uranium Database

Uranium Energy Corp. today reported the signing of an agreement to purchase a uranium database package covering areas in South Texas. The company believes that the package will assist in the exploration of prospective uranium deposits on its properties. Uranium Energy is purchasing the database package from Uranium One Inc. for $900,000, consisting of $400,000 cash and 159,236 shares of the company’s common stock at a price of $3.14 per share. Uranium Energy said that the database package covers the Goliad Formation and has information on more than forty prospective uranium targets in the area. The company’s Palangana, Goliad, Salvo…

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WednesdayAug 31, 2011 1:11 pm

Callidus Software, Inc. (CALD) Releases MySalesCoach iPad App

Today, Callidus Software, Inc. announced the launch of the new iPad app MySalesCoach. The app was originally announced in April, 2011. The app will be shown at the Dreamforce 2011, the annual cloud computing conference held by Salesforce.com. Callidus Software is a supplier of Sales Performance Management software, helping businesses coach sales employees, track sales team performance and provide visibility into operations and financial performance. Callidus software is used in such industries as high tech, communications, banking, insurance and pharmaceuticals. The MySalesCoach app is intended to make available to the individuals in a company's sales force realtime access to daily…

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WednesdayAug 31, 2011 1:06 pm

Titan Pharmaceuticals, Inc. (TTNP) Confirms Pre-NDA Meeting with FDA for Probuphine™

Today, Titan Pharmaceuticals, Inc. announced that the U.S. Food and Drug Administration (FDA) has confirmed a Pre-New Drug Application (Pre-NDA) meeting with the company regarding Probuphine™ to be held on October 25th, 2011. Probuphine is an innovative, subcutaneous implant formulation that delivers a steady, round-the-clock dose of buprenorphine over six months following a single treatment. Titan is developing this formulation for the treatment of opioid dependence. At the Pre-NDA meeting, Titan will review all elements of the Probuphine development program and seek FDA input and guidance on the proposed content of a New Drug Application (NDA). In preparation for the…

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WednesdayAug 31, 2011 1:02 pm

Sagebrush Gold, Ltd. (SAGE) Acquires Relief Canyon Gold Mine and Processing Facilities Amid Rising Gold Prices and Pan Asia Gold Exchange Debut

Sagebrush Gold, a junior gold exploration firm focused on high-value targets, announced acquisition of the Relief Canyon Gold Project, a choice property located at Packard Flat in the Antelope Springs mining district of Pershing County. Chairman of SAGE, Barry Honig, was excited to announce an aggressive exploration campaign, starting with resource studies and the satisfaction of applicable permits/approvals (including federal and state permitting and bonding requirements) via local authorities and the BLM (Bureau of Land Management), and culminating with a focused, intensive drilling program engineered to both expand the resource and deliver on near term production goals. The site has…

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WednesdayAug 31, 2011 10:27 am

TiVUS, Inc. (TIVU) Enters Strategic Partnership With TEL electronics; Gains Access to Global Distributor Network

TiVUS, Inc. just announced that it has forged a new strategic partnership with TEL electronics, inc. for the purpose of establishing a comprehensive hotel industry distributor network to thoroughly, quickly, and efficiently reach its target market within the hospitality entertainment industry. "I am pleased to announce this vital strategic partnership with TEL," stated Phil Marriott, TiVUS' executive vice-president of sales. "TEL brings over 33 years of experience in hotel communication technology sales, is well-known, and much respected within the hospitality electronics industry. "As thousands of hotel properties have now been chain-mandated to upgrade to high-definition television (HDTV), the strategy of…

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WednesdayAug 31, 2011 8:54 am

Franklin Wireless Corp. (FKWL) Announces Market Launch of New S600 Series of Stand-Alone Modems

On Tuesday, Franklin Wireless Corp. announced the market launch and commercial availability of the Company's new S600 Series of stand-alone modems. Franklin Wireless Corp. is the market leader in dual-mode WiMAX and CDMA modems for 3G and 4G wireless broadband data communications. The S600 Series represents a creative, reliable, and cost-effective solution that enables original equipment manufacturers (OEMs) to integrate cellular connectivity into their products easily. The expectation is that the main market opportunity for the S600 Series will be the rapidly growing machine-to-machine (M2M) space. It supports a broad array of products and applications. These include digital signage, vending…

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TuesdayAug 30, 2011 2:22 pm

Enviro Voraxial Technology, Inc. (EVTN) is Top 10 Finalist for Global Oil Cleanup Challenge – in Play for $1M

Enviro Voraxial Technology, Inc., a Florida-based cleantech company, today announced that its "Team Voraxial" has manufactured and shipped its high-volume Submersible Voraxial 8000 to OHMSETT (The National Oil Spill Response Research & Renewable Energy Test Facility) in Leonardo, NJ, to compete as a finalist in the $1.4 Million Wendy Schmidt Oil Cleanup X CHALLENGE. Enviro is a Top 10 finalist out of more than 350 international contenders; the company now advances to the final phase of the competition. The company's Submersible Voraxial 8000 Separator has the ability to process up to 7 million gallons of oil/water mixture per day. The…

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TuesdayAug 30, 2011 2:17 pm

DG FastChannel, Inc. (DGIT) in Agreement to Acquire Unit of Limelight Networks

DG FastChannel, Inc. is a leading provider of digital media solutions and technology to the advertising, entertainment and broadcast industries. Through its television unit, the company serves more than 5,000 advertisers; though its internet unit, DG serves more than 9,000 brand owners. The company today announced a definitive agreement to acquire Limelight Network's EyeWonder video and rich media advertising unit for approximately $66 million in cash. The deal enhances DG's position as a leading provider of interactive digital advertising products and services. The transaction is also expected to be accretive to the company's 2012 GAAP earnings per share. EyeWonder is…

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TuesdayAug 30, 2011 12:31 pm

Eddie Lageyre Joins SED International Holdings, Inc. (SED) as Senior VP of Purchasing

SED International Holdings, Inc. announced yesterday that they had placed Eddie Lageyre into the position of Senior Vice President, U.S. Purchasing. Lageyre will work out of the company's new headquarters, based in Lawrenceville, GA. SED International is an Atlanta, GA distributor of electronics, such as computers, consumer electronics, cell phones and small appliances. SED also offers supply chain management services for internet retailers. Their primary customer base is in the U.S. and Latin America, where they have over 10,000 retail partners and distribution channels. SED has operation centers in Georgia, Florida, California and Texas, as well as Colombia and Buenos…

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