WednesdayFeb 09, 2011 11:24 am

GeoVax Labs Inc. (GOVX.OB) Opens Second Clinical Trial Site for HIV Vaccine

Today, GeoVax Labs, Inc. announced that it has opened a second clinical trial site at the Alabama Vaccine Research Clinic (AVRC) of the University of Alabama at Birmingham (UAB) to expand the company's HIV therapeutic vaccine trial. This trial marks the first clinical trial that uses the same products for treatment of persons who already have the HIV infection. The study will last up to 77 weeks for each participant. To be eligible, volunteers need to be diagnosed within the first year of HIV infection and they must have started antiretroviral drug therapy within six months of diagnosis. Researchers will…

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WednesdayFeb 09, 2011 11:23 am

Norsat International Inc. (NSATF.OB) Announces New RFID Products

Leading broadband communications solutions provider, Norsat International Inc. yesterday announced that its Microwave Business Unit will now offer RFID on-metal tags and readers as part of its microwave components product line. The RFID reader provides an automated solution for ensuring product security and managing inventory and product warranty. Offering a compact, light weight and economical method for tracking and monitoring assets, the Norsat RFID tag can be read when adhered to metal surfaces, and is best used with vehicles, baggage, products and inventory. Norsat revealed its new product line on February 8, 2011 at CABSAT MENA 2011 at the Dubai…

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WednesdayFeb 09, 2011 11:20 am

PolyMedix (PYMX.OB) Initiates Phase II Clinical Trials of Anticoagulant to Address Unmet Medical Needs

PolyMedix Inc., an emerging biotechnology company focused on developing new therapeutic drugs to treat infectious diseases and acute cardiovascular disorders, today announced it has commenced a phase II clinical trial to assess the safety and efficacy of its anticoagulant PMX -60056 to reverse post-operative bleeding (heparin) in patients undergoing Percutaneous Coronary Intervention (PCI) procedures. The clinical study follows conclusion of a review by the United States Food and Drug Administration (FDA) of a protocol submitted by PolyMedix to evaluate PMX-60056 by intravenous infusion. The study is expected to be available at the end of the year, and the company said…

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WednesdayFeb 09, 2011 11:19 am

Dr. Ella Frekel Speaks on the Past and Future of Simulated Environment Concepts, Inc. (SMEV.PK)

Last week, Dr. Ella Frenkel, the President and CEO of Simulated Environment Concepts, Inc., gave a speech summarizing the company, what has been accomplished over the past year, and where the company is headed. The speech was given at an especially active time for SE Concepts, makers of the SpaCapsule® hydro-massage and personal sensory system. January was by far the biggest single month in the history of the company, but just the beginning of what Dr. Frenkel called “a path of explosive growth”. Dr. Frenkel began by describing the history of SE Concepts, from its founding in 2000, to the…

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WednesdayFeb 09, 2011 9:42 am

Azure Dynamics Corp. (TSX: AZD; AZDDF.PK) Signs Agreements with 76 Dealerships

Yesterday, Azure Dynamics Corp. announced that it had signed agreements with 76 auto dealerships in over 20 states across North America. These dealerships will represent and distribute Azure products such as their Transit Connect Electric and the Balance Hybrid Electric vehicles. This announcement brings the number of dealerships connected to Azure to 103. Azure Dynamics is a developer of hybrid electric/electric components and powertrain systems for commercial vehicles, such as delivery vehicles and shuttle buses. Azure works with international clients and partners, and is also represented by a now-significant number of North American dealerships. Azure is pursuing a channel distribution…

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WednesdayFeb 09, 2011 9:38 am

USD Energy Corp. (UEGY.OB) Announces Name Change

Yesterday, USD Energy Corp. announced that the Company has changed their name to Casablanca Mining, Ltd. The name change is a reflection of their primary focus on gold and copper mining via their wholly owned subsidiary, Santa Teresa Minerals. “We believe the name, Casablanca Mining, Ltd., is much more representative of the company we have become as we acquire companies, properties and technologies in the mining sector,” said Zirk Engelbrecht, President. The Company is currently applying for a new trading symbol. The expectation is that the new trading symbol will be issued within the next two weeks. Casablanca Mining’s wholly…

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WednesdayFeb 09, 2011 9:36 am

CytRx Corp. (CYTR) Announces Positive Results for Treatment against Bone Loss

CytRX Corp. is a biopharmaceutical company with an oncology pipeline that includes three programs in clinical development for cancer indications: bafetinib, tamibarotene and INNO-206. The company yesterday announced that results from a series of preclinical studies demonstrate bafetinib potential as a prevention method against bone loss in cancer patients who are at high risk for this event. An increase in bone resporption can cause bone deterioration. CytRX’s results showed that bafetinib significantly suppressed the level of osteoclasts and inhibited bone resorption. “The consequences of bone loss in cancer patients due to increased bone resorption can be devastating, including fractures, bone…

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WednesdayFeb 09, 2011 9:14 am

Local.com Corp. (LOCM) Video Chart for Wednesday, February 9, 2011

After a fall from grace during a strong uptrend at the beginning of this year, LOCM is now holding a new-found support level at $4.00. The indicators are at a critical point to change from bearish to bullish as the price per share climbed some yesterday and now finds itself pinned against the resistance of the 20 day moving average. 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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TuesdayFeb 08, 2011 4:58 pm

UQM Technologies, Inc. (UQM) to Supply Electric Propulsion Systems for Audi Test Fleet

UQM Technologies Inc., developer and manufacturer of power-dense, high-efficiency electric motors and products for the automotive, aerospace, military and industrial markets, today announced it will supply its PowerPhase electric propulsion systems for an Audi test-fleet build and vehicle development process for its A1 e-tron all-electric vehicle. The company noted that automobile manufacturers typically build test fleets to evaluate new technologies and vehicles that are in development stage before they are introduced on the market. Eric R. Ridenour, president and CEO of UQM, said the order reflects UQM’s ability to meet the varying demands of its automotive customers and that the…

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TuesdayFeb 08, 2011 4:57 pm

Cimatron Ltd. (CIMT) Posts Solid Q4 and FY2010 Results

Cimatron Limited, a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced financial results for the fourth quarter and full year 2010, posting significant increases across the board. Revenues for the fourth quarter 2010 increased 12.8 percent to $11.0 million, up from $9.8 million recorded for the fourth quarter of 2009. Full-year revenue for the 12 months ended December 31, 2010, grew 9.5 percent to $36.1 million compared to $33.0 million for the comparable 12 month-period of 2009. Cimatron reported gross profit for the fourth quarter of 2010 at $9.4 million compared to $8.0 million…

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