WednesdayMar 09, 2011 3:34 pm

Global Health Ventures (GHLV.OB) Takes Viagra Head On

Whether it is comfortable “table talk” or not, there are certain aspects of biotechnology stocks, such as anal fissures or sexually transmitted diseases, that produce incredible amounts of revenue each year for the companies behind therapies that treat the given ailment. Erectile dysfunction may not be the most pleasant of conversations for many people, but the bottom line is that Pfizer has generated a great deal of cash since bringing Viagara to market and that reason alone is enough to catch the attention of the investment community. Vancouver, British Columbia-based Global Health, Inc., a specialty pharmaceutical company with expertise in…

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WednesdayMar 09, 2011 10:58 am

Avalon Oil & Gas, Inc. (AOGN) Updates Oil and Gas Activity in Oklahoma

Avalon Oil & Gas, Inc. issued an oil and gas operations update on its properties in the United States, where the company is active in Oklahoma and several other onshore areas. Avalon Oil & Gas, Inc. is developing leasehold in the East Chandler Field, located in Lincoln County, Oklahoma. The company reported that the Grace #2 and the Grace #5A wells have been placed back onto production. The Grace #2 well has been producing since August 2010 and the Grace #5A well since January 2011. Avalon Oil & Gas, Inc. has a working interest of 76.8% and a net revenue…

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WednesdayMar 09, 2011 10:57 am

CareView Communications Inc. (CRVW.OB) Announces Agreement with Health Management Associates

CareView Communications Inc. is an information technology provider to the healthcare industry. The company has created a proprietary high-speed data network system that can be deployed throughout a healthcare facility using the existing cable television infrastructure. The network supports CareView's software applications designed to streamline work flow and improve services. The company announced today the execution of an agreement with Health Management Associates Inc. Under the agreement, Health Management engaged CareView to provide its CareView System in its patient rooms throughout its hospitals. Health Management owns or operates 59 hospitals in fifteen states with approximately 8,900 licensed beds. The CareView…

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WednesdayMar 09, 2011 10:47 am

Viking Systems, Inc. (VKNG.OB) 3DHD Visualization System Selected for Soon to be Demonstrated Alternative Surgical Robotic System

Viking Systems, www.vikingsystems.com – the leading developer of 3D and 2D visualization systems designed to radically improve patient trauma rates and recovery times by facilitating complex minimally invasive surgery, reported selection today of the Company’s 3DHD system for the vision component in a new surgical robotic system to be demonstrated at the upcoming (Mar. 18-22) European Association of Urology (EAU) Annual Meeting in Vienna. This alternative surgical robotic system is designed to be cost-effective while incorporating many of today’s most innovative technologies, like the ETHOS Ergonomic Surgical Platform™ (Ethos Surgical) and Kymerax Articulating Surgical instruments (Terumo Corp.), in addition to…

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WednesdayMar 09, 2011 9:11 am

RadNet Inc. (RDNT) Posts Q4, FY 2010 Results and Expectations for 2011

RadNet Inc., a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, today reported financial results for its fourth quarter and full year ended December 31, 2010. For fourth quarter 2010, the company reported revenue of $145.3 million, up 10.2 percent from the fourth quarter of 2009; net income was reported at $3.3 million, or $0.09 per share, up 418.1 percent over the fourth quarter of 2009. Dr. Howard Berger, president and CEO of RadNet, said the fourth-quarter results reflect the company’s solid business strategy and its resilience to broader industry factors compared to competitors. "We are pleased…

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WednesdayMar 09, 2011 9:09 am

Vringo Inc. (VRNG) Inks Letter of Intent to Acquire m-Wise Assets

Vringo Inc., a provider of video ringtones and personalization solutions for mobile devices, yesterday announced it has signed non-binding Letter of Intent (LOI) to acquire substantially all of the assets of m-Wise Inc. (MWIS.OB). Per the LOI, Vringo will issue m-Wise 1.9 million shares of its common stock; provide m-Wise's management with a retention package comprised of options to purchase 500,000 shares of common stock; and assume and pay over a two-year period certain of m-Wise's expenses and related costs in the amount of $615,000. In addition, Vringo will issue a five-year promissory note for $320,000 convertible into 200,000 shares…

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TuesdayMar 08, 2011 3:23 pm

TMG Constructions to Use Attunity Ltd. (ATTUF) Real-Time Event Data Capture and Operational Dashboards

Attunity Ltd., a leading provider of software for real-time data integration and event capture applications, announced that TMG Construction, a design build and general contract service corporation in Virginia, USA, has implemented Attunity’s real time event data capture, or EDC software, for the delivery of information needed to track operational metrics and to create reports needed to improve efficiency and meet corporate objectives. "From a top-level perspective to daily operations, we needed a full picture of our business' performance, which would help us track our target margin, as well as gauge the work-in-progress schedule, analyze sales stats, earned revenue, and…

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TuesdayMar 08, 2011 3:01 pm

Blue Earth, Inc. (BBLU) Subsidiary Castrovilla Lands Huge Refrigeration Energy Efficiency Contract with Roseville Electric

Blue Earth, the leading cleantech developer, which specializes in energy efficiency, water and waste water, reported today that subsidiary Castrovilla, Inc. implemented its contract to provide a turnkey commercial refrigeration energy efficiency solution to Roseville Electric. The contract calls for a full-spectrum treatment, covering everything from the design of the program to installation, administration, evaluation, marketing, measurement and verification. The contract is quite similar to the other “KEEP YOUR COOL” programs that Castrovilla has previously implemented and will feature the same kind of ingenious solutions that have won the Company such critical acclaim. This program is targeting the some $923k…

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TuesdayMar 08, 2011 1:26 pm

Gastar Exploration Ltd. (GST) Reports Progress in Bossier Sands

Gastar Exploration Ltd. reported on the progress of the company’s development program on its oil and gas properties in Texas, where the company is developing the Bossier formation. Gastar Exploration finished drilling the Belin #2 well to a depth of 19,650 feet and successfully reached the targeted formation. The well encountered 130 feet of net pay in five separate sand intervals at the site. Gastar Exploration plans to complete the well in two of the five zones and hopes to have production from one of the zones by April 2011. The company said that this development plan is subject to…

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