FridayJan 07, 2011 9:28 am

Littlefield Corp. (LTFD.OB) Exclaims “B-I-N-G-O” to Closing another Deal

The game of bingo has gone down a roller coaster sort of popularity path over the last half century. Dating back nearly 500 years, the game’s history, which was originally called “beano”, can be traced back to a 1530's Italian lottery called "Lo Giuoco del Lotto D'Italia," which is still played every Saturday in Italy. The game did not reach the United States until the time of the Great Depression, but continued to rise in popularity until it peaked in the 1970’s. Eventually, the game was plugged with an “uncool” stigma and linked to the elderly, but thanks to a…

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FridayJan 07, 2011 8:58 am

Diagnostic Imaging International Corp. (DIIG.OB) Expands Teleradiology Business

Every day our world seems to become more digital-based and reliant upon the world of telecommunications. The medical world is not exempt from this new modality of living. Teleradiology is a growing field based simply on supply and demand. Imaging procedures, such as CT scans, X-rays and MRI’s, are increasing in use approximately 15% per year, but the population of radiologists is growing significantly slower; averaging about 2% annually. As a result, teleradiology, the process of assessing radiological patient images, such as x-rays, CTs, and MRIs, from one location to another for the purposes of interpretation and/or consultation, is expanding…

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FridayJan 07, 2011 8:53 am

Infrax Systems, Inc. (IFXY.OB) Will Officially Launch Their Proprietary Secure Network Interface Card on February 1, 2011

Yesterday, Infrax Systems, Inc. announced that they will officially launch their proprietary Secure Network Interface Card (SNIC) at DistribuTECH 2011, February 1, in San Diego, California. DistribuTECH is the utility industry's leading smart grid conference and exposition, covering automation and control systems, energy efficiency, demand response, renewable energy integration, advanced metering, T&D system operation and reliability, power delivery equipment, and water utility technology. The universal host interface board houses two wireless modules. One is for the home area networking and the other is for wide area networking. The WAN module uses a standards based communication protocol that is extremely reliable…

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FridayJan 07, 2011 8:50 am

Trident Microsystems (TRID) and ARM Announce 100 Millionth Shipment of Set-top Platform

Trident Microsystems Inc., a leading provider of set-top box and TV semiconductor solutions, today issued a joint statement with ARM, the processor IP provider for Trident set-top box chipsets, announcing the shipment of the 100 Millionth set-top box (STB) chipset to OEM customers for use in satellite, cable and IPTV applications. "Trident has been partnering with leaders such as ARM to develop all the building blocks that customers need for the next generation connected set-top boxes," Mark Samuel, general manager for Trident's set-top box business, stated in the press release. "Our goal is to drive the next generation of features…

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FridayJan 07, 2011 8:49 am

LDK Solar Co. (LDK) and Solar Power (SOPW.OB) Ink Strategic Acquisition Agreement to Heat Up Competition

LDK Solar Co. Ltd. (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers, high purity polysilicon and photovoltaic (PV) products, yesterday announced an agreement with integrated solar developer Solar Power Inc. ("SPI"), in which LDK Solar will acquire a 70 percent interest in SPI for approximately $33 million. The transaction is expected to significantly strengthen SPI’s balance sheet, enabling the company to accelerate the development of its project pipeline of utility-scale power plants and commercial/industrial distributed generation systems. In turn, SPI’s growing portfolio and pipeline will equip LDK Solar with benefits to its vertical integration model through module supply for…

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ThursdayJan 06, 2011 1:16 pm

Capstone Turbine Corp. (CPST) Customer Places Additional Order for 6 Megawatts, Doubling Previous Order from Only One Month Ago

Capstone Turbine, www.capstoneturbine.com – the global leader in low-emission MicroTurbine® systems, reported an order for an additional 6 MWs today from the same independent oil and gas developer it just received a 3 MW order from last month. The follow-on order is for six more of the Company’s tried and true C1000 Power Packages, and will be utilized at the Eagle Ford Shale play in South Texas to augment the developer’s power needs, a clear dynamic which will likely produce more purchases in 2011 as demands increase. The Company’s distributor, Pumps and Service, managed to secure both contracts and has…

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ThursdayJan 06, 2011 1:14 pm

Echo Therapeutics, Inc. (ECTE.OB) Gets $3M Backing to Complete Product Development

Echo Therapeutics, Inc. today announced it has raised approximately $2.5 million through a series of private placements of the company’s stocks and warrants, as well as has received a binding commitment for an additional $3 million, led by the company’s largest shareholder, Platinum Montaur Life Sciences LLC. The funding was joined by current investors and other institutional and accredited investors. Echo develops its needle-free Symphony™ tCGM System as a non-invasive, wireless, transdermal continuous glucose monitoring system and its Prelude™ SkinPrep System for transdermal drug delivery. The funding will equip the company with the financial resources to move forward and complete…

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ThursdayJan 06, 2011 10:27 am

Abraxas Petroleum Corp. (AXAS) Issues Oil and Gas Update

Abraxas Petroleum Corp. issued an operations update on its oil and gas activities in North America. The company is active in several areas including Canada, the Rocky Mountains and Texas. Abraxas Petroleum Corp. reported the completion of the Ravin 26-35 1H well located in North Dakota. The well produced 1,705 barrels of oil equivalent (BOE) per day, composed of 1,008 barrels of oil, 290 barrels of natural gas liquids and 2.44 million cubic feet of natural gas. The Ravin 26-35 1H well was drilled to the Three Forks formation and the company has a 60% working interest in the well.…

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ThursdayJan 06, 2011 10:23 am

MiMedx Group, Inc. (MDXG.OB) Announces Completion of Surgical Biologics Purchase

MiMedx Group, Inc. announced yesterday the completion of the purchase of Surgical Biologics. The deal was originally announced on December 21, 2010. Surgical Biologics develops bioimplants processed from human amniotic membrane. They can be used for a broad spectrum of surgical indications. Purion® is a patent pending process created by Surgical Biologics. Surgical Biologics will operate as a wholly owned subsidiary of MiMedx Group, Inc. Surgical Biologics is a pioneer in the development of the latest advances in processing amniotic membrane tissues that provide safe, reliable, and effective implants. The Purion® tissue processing technology produces an implant that is minimally…

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