WednesdayAug 18, 2010 3:28 pm

Regenicin, Inc. (WDSTD.OB) Secures Licensing for Revolutionary New Skin Replacement Technology

Regenicin, even though still in the development stage, is already a promising biotech pioneer in next-gen skin substitutes via tissue engineering workflows. In fact, today the company reported the acquisition of a worldwide license to a proprietary technology which constitutes the aforementioned workflows. The technology, formerly controlled by Lonza Walkersville, a subsidiary of Lonza Group Ltd., will pass to Regenicin with the payment of an initial $3.25M obligation, as required by the licensing agreement, and can be deployed to treat burns, chronic wounds and a host of other plastic surgery operations where skin remediation is essential. CEO of WDSTD, Randall…

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WednesdayAug 18, 2010 3:24 pm

BSD Medical Corp. (BSDM) Receives FDA 510(k) Clearance to Market MicroThermX Microwave Ablation System

BSD Medical Corp. develops, manufactures, markets and services systems to treat cancer and benign diseases using heat therapy delivered using focused radiofrequency (RF) and microwave energy. The company's product lines include systems to treat cancer that have been in use for several years in the United States, Europe and Asia. BSD Medical announced today that the US Food and Drug Administration (FDA) has granted the company a510(k) clearance to market its MicroThermX Microwave Ablation System (MTX-180) for ablation of soft tissue. The MTX-180 was designed to provide a higher power, optimized system targeted to the growing therapeutic interventional and surgical…

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WednesdayAug 18, 2010 11:59 am

Rand Worldwide and Avatech Solutions (AVSO.OB) Merge Operations to Expand Market Reach and Boost Solution Offerings

Rand Worldwide Inc., a global leader that provides technology solutions to organizations with engineering design and information technology requirements, and Avatech Solutions Inc. (AVSO.OB), a national leading professional services companies for design and engineering technologies, today announced their reverse merger deal. Intending to change the corporate name to Rand Worldwide Inc., the resulting combined company said it will seek a new OTC Bulletin Board symbol to reflect the merger. The combined company offers advanced solutions to organizations to better design, develop and manage building, infrastructure and manufacturing projects. Such clients include Fortune 500 and Engineering News Record's Top 100 companies.…

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WednesdayAug 18, 2010 10:53 am

China TMK Battery Systems Inc. (DFEL) Reports Second Quarter of 2010 Financial Results

China TMK Battery Systems Inc. reported large year over year increases in sales and net income for the second quarter of 2010 ending 6/30/2010. China TMK Battery Systems Inc. reported sales of $16.8 million in the second quarter of 2010, compared to $11.4 million in the corresponding quarter of 2010. China TMK Battery Systems Inc. earned net income of $2.3 million, or $0.06 per diluted share, in the second quarter of 2010. The company earned $1.8 million, or $0.07 per diluted share, in the second quarter of 2009. China TMK Battery Systems Inc. said that the lower earnings per diluted…

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WednesdayAug 18, 2010 10:51 am

Cubic Energy Inc. (QBC) Issues Oil and Gas Operations Update

Cubic Energy Inc. issued an operations update on the company’s oil and gas exploration and development activities in the United States. Cubic Energy Inc. reported that it has begun drilling the Crow 8 No. 1 well located in Louisiana. The company is working on the vertical portion of the well, and has set casing at a depth of approximately 2000 feet. Cubic Energy Inc. said that the Crow 8 No. 1 well is located on the company’s Bethany Longstreet acreage in Caddo Parish, and the company has a twenty four percent working interest in the well. This was the second…

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WednesdayAug 18, 2010 9:02 am

UniTek Global Services, Inc. (UGLB.OB) Announces Fiscal Second Quarter 2010 Financial Results

Yesterday, UniTek Global Services, Inc. announced financial results for fiscal second quarter 2010. Company management will be hosting a conference call to review the financial results of UniTek at 4:30 p.m. Eastern Time, today. Revenue increased 53 percent to $105.8 million for the three months ended July 3, 2010 from $69.2 million for the three months ended July 4, 2009. Of this increase, $10.5 million was attributable to organic growth in the Company’s fulfillment segment and acquisitions completed in the fourth quarter of 2009. Of the remaining revenue gain, $25.4 million reflects the operations of Berliner which have been included…

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WednesdayAug 18, 2010 8:59 am

TouchIT Technologies Inc. (TUCN.OB) Reports Successful Second Quarter 2010

One company that is evolving into a global presence is TouchIT Technologies Inc. Located in Istanbul, Turkey, TouchIT Tech has earned a stellar reputation by designing, producing and marketing touch-based visual communication products. Today, TouchIT turned the heads of investors when they reported 445% growth for the second quarter of 2010. TouchIT Tech showed a gross profit of $752,123, up from $79,408 for the same period of 2009, and an increase in net income of $451,740 compared to the six month period ended June 30, 2009. To go along with these stellar reports, TouchIT Tech also announced an increase in…

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WednesdayAug 18, 2010 8:57 am

Adept Technology, Inc. (ADEP) Announces Shipment of Major Order from Packaging Automation Solution Partner in China

Adept Technology, Inc., a leading provider of intelligent vision-guided robotics and global robotics services, recently announced that the company has shipped an order for 12 Adept Quattro s650H robots to Austong Intelligent Robot Technology of China. These robots will automate a secondary packaging operation for a leading dairy processor in China. The order was received and shipped in the fourth quarter of fiscal year 2010. China is rapidly adopting automation and control technologies to enhance efficiency and reduce production costs. Chinese manufacturers of processing and packaging equipment have been quick to recognize the benefits of incorporating international brands of automation…

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TuesdayAug 17, 2010 3:24 pm

ViewCast Corporation (VCST.OB) Reports Immediate Availability of Portal and Live Modules for ViewCast Media Platform

ViewCast Corporation, www.viewcast.com – widely known as one of the top global providers of the best solutions for delivering video content to broadband/mobile networks, from incredibly powerful yet intuitive digital media manipulation software to pro-grade HD streaming systems, announced immediate availability of their new VMp™ Portal and VMp Live software modules today. Two pieces of VCST’s masterwork suite of products, known as the ViewCast Media Platform (or VMp, a full spectrum, unified platform for handling all aspects of working with digital media), namely VMp Portal and VMp Live, handle media environment jobs while VMp Production provides a full-feature solution for…

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