ThursdayJun 16, 2011 2:31 pm

China North East Petroleum (NEP) to Join Russell Microcap Index, Increase Visibility

China North East Petroleum Holdings Ltd., a leading independent oil producing and oilfield services company in Northern China, is set to join the Russell Microcap® Index on June 24, according to a preliminary list of additions recently posted on www.russell.com/indexes. China North East will hold membership in the index for the standard one-year placement, which will ensure its automatic inclusion in the respective growth and value style indexes. Russell considers membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes. Jingfu Li, CEO of China North East Petroleum, said the listing on the index marks a significant…

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ThursdayJun 16, 2011 10:18 am

International Fuel Technology, Inc. (IFUE) Announces Patent Protection for Fuel Additive Formulation

Located in St. Louis, Missouri, International Fuel Technology, Inc. (“IFT”) has quickly made a name for themselves in the marketplace as a fuel performance enhancement company that has focused on providing its technology to large, industrial consumers of diesel fuel and bio-diesel fuel blends in the rail, stationary power generation and road transport industries. Today, IFT took a major step towards prominence with the announcement that the U.S. Patent Office has granted their corporation a new patent. The patent covers IFT’s primary fuel “additive formulation, additive-containing fuel compositions and the method of manufacture”. Since the inception of IFT, the company…

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ThursdayJun 16, 2011 9:30 am

Cross Border Resources, Inc. (XBOR) Updates Texas Oil and Gas Operations

Cross Border Resources released an operations update on the company’s oil and gas activity in Texas, where it is active in the Permian Basin. Cross Border Resources signed an agreement to acquire a working interest in an oil and gas development program in Texas. The company is purchasing a 10% working interest in 320 gross acres at the Big Star Six Shooter project in Dawson County, Texas. Cross Border Resources said that the total project area is 800 gross acres and is targeting the Wolfberry trend. The company has an option to participate in an additional 480 gross acres at…

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ThursdayJun 16, 2011 9:14 am

Voiceserve, Inc. (VSRV) Enters into Contract with Middle Eastern Cell Phone Company for New Dialer Application

Today, next-generation Internet telephony software and service provider Voiceserve, Inc. announced that it has entered into a contract with the fastest growing mobile carrier in the Middle East for its Mobile VoIP Dialer. The Middle Eastern cellular phone company has 22 million subscribers to date and will offer Voiceserve's award-winning mobile dialer software through a private label initiative under its own brand name. The companies plan to launch the offering this month. In accordance with the agreement, Voiceserve created a VoIP phone application for the carrier's mobile subscribers. It enables cellular communication via Internet/3G/EDGE connectivity and can be used with…

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ThursdayJun 16, 2011 9:09 am

Bio-Solutions Corp. (BISU) to Expand into the DME (Durable Medical Equipment) Sector

Yesterday, Bio-Solutions Corp. announced that after careful consideration and multiple inquiries from a few American private companies the Company will be expanding their business into the DME (Durable Medical Equipment) sector. The DME Industry is an expanding, yet fragmented, $26 Billion plus a year industry. Many organically built "Mom and Pop" operations have approached Bio-Solutions Corp. The Company's Board and Management have decided this would be a beneficial direction to grow and expand the Company. Dr. Gilles Chaumillon, Chief Executive Officer and President of Bio-Solutions Corp., stated, "This would be a good move both in terms of revenue potential and…

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WednesdayJun 15, 2011 4:53 pm

CDEX, Inc. (CEXI) Reports Q2 Business and Financial Results

CDEX, Inc., a developer of chemical detection products based on patented technologies for use in healthcare and security markets, today provided a business update and reported its financial results for the second quarter ended April 30, 2011. Total revenues for the second quarter ended April 30, 2011, were approximately $96,000, a 47 percent increase compared to $65,000 for the second quarter of 2010. The company reported net loss for the quarter ended April 30, 2011, at approximately $366,000, or $(0.01) per share, compared with a net loss of $403,000, or $(0.01) per share, for the same period in 2010. The…

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WednesdayJun 15, 2011 3:51 pm

Ideal Financial Solutions, Inc. (IFSL) Launches Lender Assistance Portal

Ideal Financial Solutions, Inc. recently announced the launch of a newly developed lender assistance website, which is located online at iLenderAssistance.com. Ideal Financial Solutions is a Las Vegas based company that focuses on helping consumers manage their money and debt. Their suite of CashFlow Management software and Credit to Wealth Systems assist individuals and small businesses better deal with their finances. IFS expects to launch a new humanitarian program called Project 638. The website has been introduced to help the vendors of their new lender assistance programs by reducing default rates. Ideal promises that relations between lenders and their borrowers…

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WednesdayJun 15, 2011 3:00 pm

RiT Technologies (RITT) Forms Strategic Partnership with Samsung Fiber Optics for PatchView™ IIM Solutions

RiT Technologies, a developer of intelligent physical layer management solutions for the control, utilization, and maintenance of networks worldwide, recently announced that it has entered into a strategic partnership with Samsung Fiber Optics, which will allow Samsung Fiber Optics to market, retail, and distribute RiT's PatchView™ intelligent infrastructure management (IIM) solution on an OEM basis. For the partnership’s very first project, Samsung Fiber Optics has distributed a cutting edge PatchView™ IIM system in one of Korea’s biggest convention and exhibition centers. The highly visible installation displays the growing traction of the managed infrastructure concept in Korea, a market where managed…

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WednesdayJun 15, 2011 2:04 pm

Cardium (CXM) Receives Clearance to Commence Phase III Study for Biological Product Candidate

Cardium Therapeutics, a company focused on acquiring and developing new biomedical products, today announced it has received clearance from the Russian Ministry of Health and Social Development to start the phase III registration study for the company’s Generx™ biological product candidate. Generx is a DNA-based therapy designed to treat myocardial ischemia caused by coronary artery disease. For marketing and sales purposes in Russia, the Russian Health Authority will brand Generx as the therapeutic drug trade name Cardionovo™. The company noted that coronary heart disease mortality is a global issue and that more than 80 percent of the future increases in…

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WednesdayJun 15, 2011 1:00 pm

GraphOn Corp. (GOJO) Drops Free iPad Client to Apple App Store, Enables iPad Users to Leverage the GO-Global Windows Host 4 Application Virtualization Solution

GraphOn Corp., an early master in the cloud computing sector, reported release of a revolutionary and paradigm-shattering free app today, downloadable via the Apple App Store, called the GO-Global iPad Client. What makes this amazing little application so powerful is that it functions as a complete portal for viewing and interacting with server-resident Windows-based applications on the iPad when used with GOJO’s GO-Global Windows Host 4 application virtualization solution, providing a complete channel from iPad to Windows. VP of Product Marketing at GOJO, Asaf Doron, detailed some of the resulting functionality and advanced usability features this new workflow opens up…

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