FridayAug 12, 2011 12:50 pm

Save The World Inc. (ZERO) and Temple University Sign Exclusive Licensing Agreement

Located in Santa Barbara, California, Save The World Inc. (“STWA”) has quickly earned a reputation in their sector as a pioneering company known for creating technology focused on energy efficiency of large-scale energy production and improved fuel economy for diesel fleets. Today, STWA announced they have signed a new exclusive licensing agreement with Temple University. The new licensing agreement will reflect updated technologies and terms covering intellectual property related to the corporation’s products. The agreement provides for a convergent, non-divisional relationship with Temple University based largely on the grant of exclusive rights and co-ownership of future Intellectual Property (IP) through…

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FridayAug 12, 2011 9:00 am

PositiveID Corp. (PSID) Multiplex Bio Threat Assay Validated by the Department of Homeland Security

PositiveID Corp., a developer of medical technologies for diabetes management, clinical diagnostics and bio-threat detection, announced today that the US Department of Homeland Security Science and Technologies Division has validated the performance of the recently launched Multiplex Bio Threat Assay (PSIDMBA) through an in-house blind study that took place over a year in a major east coast US City. Intended for investigative and research use, the PSIDMBA offers rapid, accurate and efficient multiple organism identification in a cost-effective manner. Currently available methods require up to 16 times more sample, are more costly per signature and are not amenable to high-throughput…

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FridayAug 12, 2011 8:53 am

Nephros, Inc. (NEPH) Files 510(k) Application with the Food and Drug Administration (FDA)

Nephros, Inc. announced that on August 11, 2011 they filed a 510(k) application with the Food and Drug Administration (FDA) for clearance of their hemodiafiltration system. Nephros is a medical device company developing and marketing filtration products for therapeutic applications, infection control, and water purification. Nephros, Inc. has their headquarters in River Edge, New Jersey. Dr. Paul Mieyal, acting CEO of Nephros, Inc., said, "Nephros is pleased to have filed this new application for clearance of its hemodiafiltration system. We thank King & Spalding for the firm's counsel during the process, and we look forward to the FDA's review of…

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ThursdayAug 11, 2011 5:04 pm

ThermoEnergy Corp. (TMEN) Posts Q2 Results reflecting Dramatic Growth in Sales

ThermoEnergy Corp., a diversified technologies company engaged in the municipal and industrial wastewater treatment and power generation technologies, today announced its second-quarter financial and operational results for the three months ended June 30, 2011. Revenues for the second quarter of 2011 increased 51 percent to $1.4 million compared to $0.3 million in the second quarter of 2010. Revenues for the first half of 2011 increased 70 percent to $2.4 million compared to $1.4 million in the first half of 2010, reflecting the company’s transition from legacy business to its new business model. Net loss for the second quarter of 2011…

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ThursdayAug 11, 2011 2:12 pm

Lone Star Gold Inc. (LSTG) Secures La Candelaria Gold and Silver Project, Estimated Potential Reserves over 10M oz Au, 215M oz Ag

Lone Star Gold, operating out of its base in Albuquerque, is an aggressive precious metals developer which announced a big move today, with the signing of a definitive JV option agreement with Metales HBG Sa. de C.v., whereby LSTG will acquire a 70% WI in the 1,976-acre La Candelaria gold-silver project property located in Chihuahua State, Mexico. This is a choice location in the prolific Sierra Madre Occidental (SMO) gold and silver belt, offering LSTG a highly accessible and stable channel via the strategic partnership with both Metales and the renown Bustillos-Gonzalez family, which has established quite a reputation in…

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ThursdayAug 11, 2011 12:55 pm

Axion International Holdings, Inc. (AXIH) Signs Expansion Agreement with Coll Materials

Today, Axion International announced that it has signed an agreement with Coll Materials. This agreement would expand the manufacturing capacity at Coll's Waco, TX facility. Coll also has facilities in Zanesville, OH and Allentown, PA. Axion is a producer of green infrastructure and construction products, such as its RSC material, made from 100% recycled consumer and industrial plastics, which the company claims are a sustainable alternative to materials such as wood, steel and concrete. Coll's products include HDPE, PP, ABS, TPO and PET, as well as other types of engineered resins. Coll is committed to recycling and sustainability. Steve Silverman,…

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ThursdayAug 11, 2011 10:33 am

Canadian Solar Inc. (CSIQ) to Supply Solar Modules to New Solar Plant

Today, one of the world’s largest solar companies, Canadian Solar Inc., announced that it will supply 8 MW of solar modules to EOSOL Energies Nouvelles' new ground-mounted solar power plant, which will have an installed capacity of 10.7 MW. The new solar power plant will be located in Saint-Leger in the south west of France with a total of 39,500 modules installed on an area of 180,000 m². The company anticipates that it will activate the new solar power plant in October 2011. EOSOL EN previously selected Canadian Solar's high-quality, high-performance solar modules for three earlier installations in France: a…

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WednesdayAug 10, 2011 4:20 pm

Ever-Glory International (EVK) Posts Solid Q2 Results, Continued Positive Outlook for Q3

Ever-Glory International Group Inc., a leading apparel supply chain manager and retailer based in China, today reported its financial results for the second quarter ended June 30, 2011, reflecting increased sales in its retail and wholesale businesses. During the second quarter of 2011, Ever-Glory reported an 85 percent increase in net sales to $42.9 million compared to $23.1 million in the second quarter of 2010. Second quarter net income was $2.3 million, or $0.15 per diluted share, an increase of 182.1 percent from $0.8 million, or $0.05 per diluted share, in the second quarter of 2010. Second quarter 2011 gross…

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WednesdayAug 10, 2011 3:19 pm

Bohai Pharmaceuticals Group, Inc. (BOPH) Expands Presence in Chinese TCM Market with Acquisition of Yantai Tianzheng

Bohai Pharmaceuticals Group, Inc., a Chinese pharmaceuticals company engaged in the production, manufacturing and distribution of modernized herbal products based on Traditional Chinese Medicine (TCM), announced today that it has made the acquisition of a complimentary TCM company in China. The all cash acquisition of 100% of the outstanding shares of Yantai Tianzheng significantly expands Bohai's standing in the TCM market by adding products, manufacturing and sales capabilities. The transaction, consisting of four installment payments over 18 months for a total of $35 million, includes a stipulation that Jinghoo Chi, Yantai Tianzheng's majority owner and CEO, will remain with Bohai…

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WednesdayAug 10, 2011 3:09 pm

Access Pharmaceuticals, Inc. (ACCP) Expands Reach with CSPN

Access Pharmaceuticals, Inc. yesterday announced that Community Specialty Pharmacy Network has joined its specialty pharmacy network for the MuGard product. MuGard is a new product being produced by Access for oral mucositis. Houston, Texas-based Access Pharmaceuticals is a biopharmaceutical that focuses on developing and marketing a series of proprietary products for the care of cancer patients. The company's product line includes MuGard, ProLindac (for treating ovarian cancer) and Thirabine (a new nucleoside). Access also produces the CobaCyte and CobOral drug delivery systems. CSPN has more than 180 member pharmacies and offers a range of services, including mail distribution, therapy management,…

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