ThursdayJun 30, 2011 1:41 pm

CUI Global, Inc. (CUGI) Retains Merriman Capital (MERR) to Advance Market Opportunity

CUI Global Inc., a platform company dedicated to the acquisition, development, and commercialization of new, innovative technologies, today announced that Merriman Capital Inc. will head-up CUI’s investment banking strategy and assist the company in up-listing to a national exchange. William Clough, president and CEO of CUI, said that CUI has achieved significant milestones that have positioned and prepared the company to transform those achievements into greater shareholder value. The company’s first step in advancing its position was engaging professional assistance from Merriman Capital. “The retention of this nationally recognized investment banking firm, coupled with our recent engagement of the Liolios…

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ThursdayJun 30, 2011 1:39 pm

Vista Gold Corp. (VGZ) Reports on Australian Drilling Program

Vista Gold Corp. reported the initial results of an exploratory drilling program at the company’s gold property in Australia. In 2010, Vista Gold initiated a bankable feasibility study at the Mt. Todd project, located in Northern Territory, Australia. The company is investigating whether gold can be produced in commercial quantities from the Batman deposit at the site. The first phase of this study involved drilling ten holes into the Batman deposit, and obtaining 5,740 meters of samples. The samples were then sent to ALS-Chemex, Genalysis Laboratory Services and North Australia Laboratories for multiple assay tests. Vista Gold reported that the…

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ThursdayJun 30, 2011 1:37 pm

China Botanic Pharmaceutical Inc. (CBP) Receives Patent for Siberian Ginseng Extraction Process

China Botanic Pharmaceutical Inc. is a company on the rise. Located in Harbin, China, this young company has quickly earned a reputation for their research, development, manufacturing, and distribution of botanical products and bio-pharmaceutical products. Today, China Botanic took a major step towards prominence with announcement they have been granted a patent from the State Intellectual Property Office of the People’s Republic of China for its Siberian Ginseng. The patent is No. ZL200710301682X and will not only protect the Siberian Ginseng (Acanthopanax) but will also protect the resulting Siberian Ginseng extracts and their application will provide market exclusivity for a…

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ThursdayJun 30, 2011 1:00 pm

Callidus Software Inc. (CALD) Partners with Mapping Analytics to Provide a New Paradigm in Sales Performance Management Software/Service

Callidus Software, a top market and tech leader in Sales Performance Management (SPM) via Software-as-a-Service (SaaS) applications, reported today that the Company has officially partnered (signed in Q2) with makers of the revolutionary ProAlign® Sales Territory Alignment and Optimization solution, Mapping Analytics. Senior VP of Marketing at CALD, Lorna Heynike, laid it all out very clearly, stating that the key to optimal sales performance is the ability to blanket a market and provide total coverage. Heynike asserted that the Mapping Analytics partnership is wholly consistent with this objective as CALD will now be able to vastly extend the Company’s Monaco…

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ThursdayJun 30, 2011 9:43 am

Inovio Pharmaceuticals (INO) Prostate Cancer Vaccine Shows Success in Primate Trial

Inovio Pharmaceuticals Inc., a leading developer of therapeutic and preventive vaccines, today announced that its SynCon ™ therapeutic DNA vaccine (INO-5150) for prostate cancer demonstrated positive immune responses in monkeys. The company said the results support similarly strong, antigen-specific and sustainable T cell levels in previously reported data from earlier animal studies. Inovio said the new data reinforces its plan to a start phase I clinical trial for INO-5150 by the middle of next year. Dr. J. Joseph Kim, Ph.D., president & CEO of Inovio, emphasized the potential of the vaccine in human models. "The immune response data achieved by…

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ThursdayJun 30, 2011 8:51 am

Verdant Automotive Corp. (VRDT) Announces the Naming of New Chairman of the Board

Verdant Automotive Corp. recently announced the naming of Mr. Graham Norton-Standen as their new Chairman of the Board effective immediately. Possessing an extremely rich background with several top tier organizations, Mr. Norton-Standen is a well-known, well-respected, infrastructure manager and advisor. Mr. Norton-Standen brings a significant amount of corporate experience to Verdant Automotive Corp. He served as Chairman of the Board, CEO, Board Member, Senior Advisor, Group Advisor, Corporate Advisor and numerous other positions with many of the world’s leading companies and fund managers. These include Gartner, EDS, Digital Equipment Corporation, British Telecom, Hewlett Packard, Unisys, Tata Group, and Cable &…

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ThursdayJun 30, 2011 8:49 am

HotCloud Mobile, Inc. (HOTM) Announces Plans to Establish Wholly-Owned Subsidiary

Vertically integrated wireless telecommunications company, HotCloud Mobile, Inc., released news today that it is establishing a wholly-owned subsidiary, Stars Wireless, Inc., to build out a multi-channel distribution infrastructure and also manage retail and wholesale channels. HotCloud will provide its new subsidiary with inventory financing, distribution capital, and multi-channel product distribution. HotCloud will also use its distribution network and historic customer base to promote and market Stars Wireless, Inc. Mr. David J. Bleeden, CEO of HotCloud Mobile, Inc., remarked, "Stars Wireless will pre-load HotCloud Mobile applications onto its phones, PDAs and tablets, which will allow us to reach every customer who…

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ThursdayJun 30, 2011 8:11 am

MobileBits Holdings Corp. (MBIT) to Merge with Pringo

Yesterday, MobileBits Holdings Corp. announced that it had signed a merger agreement with Pringo, Inc., with the assistance of advisory from Rodman & Renshaw LLC, and Siemer & Associates. MobileBits' services provide targeted advertising on smartphones through the company's web and smartphone apps. Pringo, based in Los Angeles, produces a suite of software tools designed to deploy and manage websites, with multilingual portals, CMS, user management and social collaboration tools. Pringo's clients include Comcast, Square Enix and eHarmony. This merger allows for the creation of new systems to supply relevant, target advertising and content to smartphone users. Under the terms…

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WednesdayJun 29, 2011 5:11 pm

Conforce International Inc. (CFRI) Launches Commercial Production of Proprietary System in Indiana

Conforce International Inc., operating as a container terminal in Canada, today announced it has initiated commercial production of its proprietary EKO-FLOR™ xts composite trailer floor system at its manufacturing facility in Peru, Indiana. The company has received initial orders of more than $450,000 from CIMC Vanguard National Trailer Corp. “CIMC Vanguard has been eagerly awaiting the launch of EKO-FLOR commercial production in Peru, Indiana. We gave Conforce small initial orders earlier this year and plan to build on those orders in the coming months. …,” Charlie Mudd, president of CIMC Vanguard stated in the press release. Mudd said that as…

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WednesdayJun 29, 2011 1:37 pm

ProGreen Properties, Inc. (PGEI) Announces Business Update

PreoGreen Properties Inc., a company engaged in the business of acquiring, refurbishing, and upgrading residential real estate in the State of Michigan, has recently announced the following business update. Having established and administered the ProGreen concept in the Company’s wholly owned properties, creating a solid rental record over the course of the previous year, arriving at a 15%+ return, ProGreen is now prepared to move to the next level of property investments. ProGreen now aims to acquire large-scale multi-family real estate properties and is currently looking at several bank-owned complexes, which range from 67-300 units. ProGreen believes that there is…

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