ThursdayApr 28, 2011 1:08 pm

PURE Bioscience Inc. (PURE) Launches New Hard Surface Disinfectant Product

PURE Bioscience Inc. today announced the launch of its proprietary new brand – PURE Hard Surface disinfectant and food contact surface sanitizer. It will be launched at the 2011 California State PTA Annual Convention being held April 28-May 1 in Long Beach, California. This is part of PURE's marketing effort to establish nation recognition of its brand. PURE Hard Surface provides an unmatched combination of high efficacy and low toxicity with 30-second bacterial kill times and 24-hour residual protection. It completely kills resistant pathogens like MRSA and also effectively eliminates dangerous fungi and viruses including HIV, Norovirus, Influenza A, Avian…

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ThursdayApr 28, 2011 1:06 pm

FDA Gives Orphan Drug Designation to CytRx Corp. (CYTR) Pancreatic Cancer Treatment

Oncology-focused biotech company CytRx Corp. today announced that its tumor-targeting pro-drug candidate INNO-206 has been approved for orphan drug designation for the treatment of patients with pancreatic cancer by the Office of Orphan Products Development of the U.S. Food and Drug Administration (FDA), giving the company leverage to advance into phase II clinical trials. CytRx holds the exclusive worldwide development and commercialization rights to INNO-206, which is designed to control the release of commonly prescribed chemotherapeutic doxorubicin and to preferentially target tumors. The company said it believes INNO-206 may make it more effective and less toxic in cancer patients than…

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ThursdayApr 28, 2011 12:50 pm

Network Engines, Inc. (NEI) Q2 Results Beat Guidance with Sixth Straight Quarter of Profits

NEI, a leading global provider of server-based application platforms, deployment solutions and lifecycle support services for software technology developers and OEMs, today reported financial results for its second fiscal quarter ended March 31, 2011, with results surpassing previous guidance. “NEI’s results met or exceeded our guidance and represent our sixth consecutive quarter of profitability. Our pre-tax profit was roughly equal to the December quarter as we benefited from a more favorable mix of custom products which drove slightly higher gross margin dollars despite seasonally adjusted lower revenues. We also continue to carefully manage our expenses and leverage our infrastructure to…

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ThursdayApr 28, 2011 12:46 pm

Camtek Ltd. (CAMT) Q1 Earnings Rise 56%

Camtek Ltd., a provider of automated solutions dedicated for enhancing production processes and yield, today announced its financial results for the quarter ended March 31, 2011, posting 56% earnings growth driven by the company’s ongoing growth strategy. "We are very pleased with our strong results and it is a great start for 2011. This quarter's success was the result of our continuous efforts in reshaping our business that started eight quarters ago and has resulted in gradual growth since then. The growth has cemented our sound position in our legacy inspection businesses in the back-end semiconductor and PCB industries. We…

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ThursdayApr 28, 2011 12:37 pm

Openwave Systems Inc. (OPWV) Video Chart for Thursday, April 28, 2011

OPWV is taking on the look of a descending triangle, but it is holding a firm support level as well as the 200 day moving average in the area of $2.02. The stock closed up mildly yesterday and should be hitting the watchlist of technical traders to see if a climb over the 50 dma is going to happen along with a run to the upper trendline. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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ThursdayApr 28, 2011 9:13 am

Spare Backup, Inc. (SPBU) and Wirefly Launch Mobile Backup PRO

Yesterday, Spare Backup, Inc. announced it would be growing its current relationship with Internet cell phone retailer Wirefly to launch Mobile Backup PRO, a suite of security and protection features. Mobile Backup PRO expands on Wirefly Mobile Backup, a free service introduced to Wirefly customers in November 2010. The premium version will be available on an annual or month to month subscription plan and offer a 30 day trial. Palm Desert, CA based Spare Backup, Inc. offers customers from consumer to business level protection of their computer data through its Spare BAckup product, which automates online backups of digital materials…

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ThursdayApr 28, 2011 9:10 am

Cinedigm Digital Cinema Corp. (CIDM) Enters into Deployment Agreement with SR Entertainment Group

Cinedigm Digital Cinema Corp., a global leader in digital cinema, announced yesterday that they have entered into a long-term VPF deployment agreement with SR Entertainment Group. The agreement will enable the conversion of SR Entertainment Group's theatres to digital cinemas under the terms of Cinedigm's agreements with all the major studios. This conversion, financed by Cinedigm, will deploy 81 Cinedigm-Certified™ screens across six existing sites, with completion expected by this summer. SR Entertainment Group will exclusively deploy Barco digital cinema projectors. Utilizing these projectors in conjunction with Cinedigm's digital cinema program will ensure high quality theatrical entertainment for SR Entertainment…

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WednesdayApr 27, 2011 4:39 pm

Inventure Foods Inc. (SNAK) Reports Earnings Up 16%

Inventure Foods Inc., a leading specialty food maker and marketer, today reported its financial results for the first quarter ended March 26, 2011, posting record first-quarter earnings of $0.08 per fully diluted share. "Our record first quarter 2011 earnings have carried Inventure Foods' momentum into the new year," Terry McDaniel, CEO of Inventure Foods stated in the press release. "We are off to quality starts in both our Snack and Rader divisions as we continue to deliver year-over-year revenue and earnings growth. Our Healthy/Natural portfolio now represents 53 percent of total revenue, having increased 27 percent from the first quarter…

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WednesdayApr 27, 2011 3:08 pm

Sharps Compliance Corp. (SMED) Posts 24% Revenue Increase for Q3

Sharps Compliance Corp., a leading full-service provider of cost-effective management solutions for medical waste and unused dispensed medications generated outside the hospital and large healthcare facility setting, today posted its financial results for the third quarter of fiscal 2011 for the three months ended March 31, 2011. Revenue in the third quarter of fiscal year 2011 increased 24.2 percent to $4.5 million from $3.6 million reported in the third quarter of 2010. The company attributes the increase to growth in its three targeted markets: Professional, Retail and Core Government. "Our strong revenue growth in the quarter is clear evidence that…

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WednesdayApr 27, 2011 3:04 pm

Unigene Laboratories, Inc. (UGNE) Achieves Enrollment Target for Oral PTH Phase 2 in Osteoporotic Postmenopausal Women, Secures $4M Milestone Payment from GlaxoSmithKline

Unigene Laboratories, developers of one of the top portfolios in existence of peptide-based therapeutics, a portfolio engineered on the Company’s revolutionary Peptelligence™ platform, reported today that patient enrollment in Phase 2 of the oral parathyroid hormone (PTH) analog study targeting postmenopausal women with osteoporosis has been completed. The Company has thus completed the necessary requirements for the $4M milestone payment from collaborating partner GlaxoSmithKline (GSK), with whom UGNE is developing the oral formulation of a recombinantly produced PTH analog, as part of an extremely promising, exclusive global licensing agreement (signed, Dec. 10, 2010). This payment supplements the initial upfront $4M…

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