ThursdayMay 12, 2011 9:41 am

Astrotech Corp. (ASTC) Subsidiary Wins $16.2M Contract

Astrotech Corporation recently announced that its Astrotech Space Operations subsidiary has won a $16.2 million contract for the manufacturing, installation and testing of new Ground Support Equipment. This is a firm fixed-price contract. Astrotech was one of the first space commerce companies in the aerospace industry to focus on creating and producing space technology for commercial use. The Astrotech Space Operations subsidiary works with both government and commercial customers for spaceflight and satellite services. Astrotech has been involved with over 290 spacecraft over its 29 year history, and has facilities in Florida and California. The work that led to the…

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ThursdayMay 12, 2011 9:39 am

Seychelle Environmental Technologies (SYEV) to Debut New Radiological Filter

Seychelle Water Filtration Products, DBA Seychelle Environmental Technologies, Inc., made an important announcement yesterday regarding its water filtration systems. According to Carl Palmer, President and CEO, Seychelle is introducing a new Radiological Filter: “We felt that it was important to develop a filter to meet the concerns of a nuclear disaster similar to what has just occurred in Japan where drinking water sources become contaminated with radioactive waste and by products. After much research and development, and extensive testing by a fully accredited independent laboratory, our new filter accomplishes the objective we had hoped for; the removal of 100% of…

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ThursdayMay 12, 2011 9:38 am

Top Image Systems Ltd. (TISA) Posts 9th Straight Quarter of Operations Profitability

Revenues for the first quarter of 2011 were $7.2 million, up 36 percent compared to $5.3 million for the first quarter of 2010. Product revenues were $4.2 million as compared to $2.4 million reported in the same period of 2010. Service revenues were $3.0 million as compared to $2.9 million for the first quarter of 2010. Adjusted EBITDA for the first quarter of 2011 was $1.16 million, compared to $0.36 million in the first quarter of 2010. Net income increased 167% to $0.74 million, or $(0.07) per diluted share, for the first quarter of 2011 compared to a net loss…

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WednesdayMay 11, 2011 3:29 pm

Conmed Healthcare Management Inc. (CONM) Sets New Earnings, Profit Records for Q1

Conmed Healthcare Management Inc., a Vancouver-based company focused on acquisition, exploration and development of mineral properties in the People’s Republic of China, today announced financial results for the first quarter of 2011, posting a solid performance to finish off the period ended March 31, 2011. “During the first quarter of 2011, Conmed again set new records for revenue and operating profit. We continued to generate cash and maintained a solid, debt-free balance sheet,” Richard Turner, chairman and CEO of Conmed stated in the press release. “Our continued growth and success stem from our commitment to excellence in the delivery of…

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WednesdayMay 11, 2011 2:33 pm

Lihua International Inc. (LIWA) Posts Record Profit, up 117% for Q1

Lihua International Inc., a leading Chinese developer, designer and manufacturer of low-cost, high-quality alternatives to pure copper products, yesterday announced financial results for the first quarter ended March 31, 2011. Sales for the first quarter of 2011 increased 117 percent to $136.9 million compared with sales of $63.2 million in the first quarter of 2010. Gross profit for the first quarter of 2011 was $16.9 million, up 43 percent from gross profit of $11.8 million for the first quarter of 2010. Gross margin decreased to 12.3 percent in the first quarter of 2011 from 18.7 percent for the same period…

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WednesdayMay 11, 2011 2:00 pm

Pro-Dex, Inc. (PDEX) Releases Financial Results for Fiscal Third Quarter and Nine Months

Pro-Dex, Inc., a company that engages in the development and manufacturing of technology based solutions that include miniature rotary drive systems, motion control, and fractional horsepower DC motors, has released its financial results for the fiscal third quarter and nine months, which ended March 31, 2011. Sales for the third quarter, which ended March 31, 2011, were $7.6 million, a 24% increase from the $6.2 million generated in the same quarter in 2010. For the nine months that ended March 31, 2011, reported sales were $19.6 million, a 12% increase from sales of $17.5 million in the same quarter last…

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WednesdayMay 11, 2011 1:15 pm

American Petro-Hunter, Inc. (AAPH) Puts Two New Wells on Pump in Oklahoma, Robust Production Anticipated

American Petro-Hunter, the aggressive exploration and production company focused on domestic drilling, reported that two of the newest wells within the Company’s North Oklahoma Project were successfully put on the pump. This is very good news for AAPH, which has the goal of becoming a 1k BOE producer within a year’s time, as this new development adds substantial weight and momentum to the Company’s existing production portfolio, which also includes the producing Poston Project in Kansas. American Petro-Hunter is always on the hunt for domestic energy resources and has brought the North Oklahoma Project rapidly up to speed, adding a…

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WednesdayMay 11, 2011 12:05 pm

China Net Online Inc. (CNET) Promotes Services at Asia’s Leading Franchise Exhibition in Beijing

China Net Online Holdings Inc., a leading full-service B2B media development and IT company for small and medium-sized enterprises (SMEs) in the People's Republic of China, last weekend participated in the 13th Annual China Franchise, Asia's largest and most influential franchise exhibition, in Beijing. The exhibition resulted in a string of sales meetings, which generated 12 new clients for ChinaNet’s integrated advertising and marketing services platform. "The China Franchise Expo was extremely successful for ChinaNet and events like this enable us to accomplish a lot in a short period of time. Signing new clients, building a pipeline of prospects and…

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WednesdayMay 11, 2011 10:18 am

Clear Skies Solar, Inc. (CSKH) Signs Contract with New Jersey Firm

Clear Skies Solar Inc. provides full-service renewable energy solutions to commercial, industrial and agricultural clients across the country. The company has become one of the premier solar electric installation companies in the United States. The company announced today that it has signed a contract with a New Jersey car dealership. The approved funding for the project will come through the company's Power Purchase Agreement (PPA) program. The PPA program allows a customer to pay a discounted price for electricity without spending any cash or accruing debt. A third party owns and operates the system while receiving the benefits generated by…

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WednesdayMay 11, 2011 10:13 am

Taseko Mines Ltd. (TGB) Reports Increase in Reserves at Canadian Property

Taseko Mines Ltd. released a new reserves study at the company’s mining properties in Canada, with the results indicating a large increase in mineral reserves at the mine. Taseko Mines has a 75% interest in the Gibraltar mine located in British Columbia, which the company believes is prospective for both copper and molybdenum. Taseko Mines said that the new study puts the amount of proved and probable reserves of copper and molybdenum at the mine at 802 million tons, up from 445 million tons in the previous reserves report. Taseko Mines said that based on the new reserves study, the…

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