ThursdayAug 12, 2010 10:00 am

Radient Pharmaceuticals Corp. (RPC) Appoints Seasoned Director to Head North American Sales

Radient Pharmaceuticals Corp. focuses on developing and commercializing diagnostic tests that assist physicians in answering important clinical questions related to early disease detection, including its Onko-Sure® In Vitro Diagnostic (IVD) cancer test. The company today announced it has appointed Gary Giarrantano as director of North American Sales for the company where he will be responsible for managing the company's sales and marketing strategy, operations and Onko-Sure(R) IVD product sales. Giarratano has more than 20 years of healthcare, sales and marketing leadership experience. He is recognized for his contributions in new market development for Carcinoembryonic Antigen (CEA), Prostate-Specific Antigen (PSA) and…

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ThursdayAug 12, 2010 9:54 am

Bancinsurance Corp. (BCIS.OB) Signs Merger Agreement

Yesterday, Bancinsurance Corporation announced that on August 10, 2010 they entered into a definitive merger agreement to be acquired for $8.50 per common share in cash. They will be acquired by a company that will be owned at the time of the merger by John S. Sokol (the Chairman of the Board, Chief Executive Officer and President of Bancinsurance), Barbara K. Sokol, James K. Sokol, Carla A. Sokol, Falcon Equity Partners, L.P., Matthew D. Walter (a member of the Board of Directors of Bancinsurance), Daniel J. Clark, Joseph E. LoConti, Edward Feighan and Charles Hamm (collectively the "Proposing Persons"). The…

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ThursdayAug 12, 2010 9:28 am

ICOP Digital, Inc. (ICOP) Selected by Department of Homeland Security for Project

ICOP Digital Inc. was founded in May 2002 in response for market demand for a digital replacement of legacy analog mobile video systems in law enforcement vehicles. The company today is a leading provider of in-car video and mobile video digital surveillance technology solutions for law enforcement, fire, EMS, military and homeland security markets worldwide. The company's solutions help the public and private sectors improve security, reduce losses and mitigate risks through the capture, live streaming and secure management of high-quality video and audio. In addition to its digital video recorders, ICOP provides software tools for storing and managing the…

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WednesdayAug 11, 2010 3:18 pm

ViewCast (VCST.OB) Technology to Power Swagit’s Streaming Media Architecture for Governmental Transparency Initiatives

ViewCast Corporation, www.viewcast.com – widely known as a sector leader, with command of the hardware and software to bring robust, high-quality video and digital media solutions to every level of connected intelligent devices from enterprise to broadband and mobile networks, revealed today that major hosted streaming media provider for government agencies, Swagit Productions, LLC, has selected the ViewCast Osprey® video capture cards and SimulStream® software to support the architecture of their streaming media services portfolio. President and CEO of VCST, Dave Stoner, cited the widespread initiative across all levels of government to transform the structure and “decision-making processes that shape…

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WednesdayAug 11, 2010 3:12 pm

Li3 Energy (LIEG.OB) Acquires Major Chilean Nitrate-Iodine Resource

Li3 Energy, Inc., www.li3energy.com – the lithium mining and energy sector firm pursuing a strategy of identifying and obtaining a solid portfolio of lithium brine deposits in the Americas, reported execution of a stock purchase agreement (SPA) today with private equity funds (the Sellers) managed by Pacific Road Capital Management (PRCM) to acquire a Cayman-based company with 100% interest in the 6,670-acre Alfredo Project, a rich nitrate-iodine resource in northern Chile. Booming demand for lithium from both battery manufacturers and the emerging clean/green energy sector puts LIEG in prime market position to capitalize on its strategy. CEO of LIEG, Luis…

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WednesdayAug 11, 2010 9:13 am

Attunity Ltd. (ATTUF.OB) Posts Solid Q2 Results; Highlights Strategic Business Partnerships

Attunity Ltd., a leading provider of real-time data integration and event capture software, today posted its unaudited financial results for the second quarter ended June 30, 2010, reflecting annual growth and enhanced business relationships. For the second quarter of 2010, Attunity posted total revenues of $2.54 million, up 18 percent from $2.15 million reported for the second quarter of 2009. License revenue for the quarter was $1.13 million, compared to $0.89 million reported for the comparable quarter of last year. The company reported a non-GAAP operating profit of $317,000 for the second quarter of 2010, compared to $280,000 in the…

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WednesdayAug 11, 2010 9:04 am

PolyMedix, Inc. (PYMX.OB) Completes Successful Study

One company that is starting to attract national attention is PolyMedix, Inc. Located in Radnor, Pennsylvania, PolyMedix is an emerging biotechnology company with their focus on developing new therapeutic drugs to treat acute cardiovascular disorders and infectious diseases. Today, PolyMedix announced they have successfully completed a Phase 1B/2 dose-ranging clinical study with PMX-60056 which is a synthetic small-molecule designed to reverse heparin and low molecular weight heparin (LMWH) anticoagulants. The data from the study indicated that PMX-60056 met the endpoints of the research regarding both the reversal of varying heparin levels as well as allowing re-anticoagulation and re-reversal. The data…

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WednesdayAug 11, 2010 7:47 am

XELR8 Holdings, Inc. (XELR.OB) Announces Name Change to Bazi International, Inc.

XELR8 Holdings, Inc., a provider of nutritional foods and beverages designed to help enhance physical health and overall performance, recently announced its corporate name change to Bazi International, Inc. since the name BAZI® has long been affiliated with the company as its principal product offering. The company’s common stock will remain listed on the OTC Bulletin Board under the current symbol XELR until new a symbol is assigned by Financial Industry Regulatory Authority. Once a new trading symbol is assigned, the company will make a public announcement along with the trading symbol’s effective date. The name change was completed via…

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WednesdayAug 11, 2010 7:43 am

Magellan Petroleum Corp. (MPET) Updates Domestic and International Oil and Gas Operations

Magellan Petroleum Corp. reported an update on its exploration and development activities in various oil and gas basins in the United States, Australia and the United Kingdom. Magellan Petroleum Corporation said that in the Weald Basin in the United Kingdom, the company has consulted with its partners and has decided to start drilling the Markwells Wood 1 well. The Markwells Wood 1 well is located in Horndean oil field. Magellan Petroleum Corporation said that the well was originally delayed because of cost overruns out of its control since the company was not the operator of the well. Magellan Petroleum Corporation…

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WednesdayAug 11, 2010 7:41 am

Clayton Williams Energy, Inc. (CWEI) Reports Second Quarter 2010 Results

Clayton Williams Energy, Inc. reported net income of $14 million, or $1.15 per diluted share, for the second quarter of 2010. The company reported a net loss of $38.6 million, or ($3.18) per diluted share, in the corresponding quarter of 2009. Clayton Williams Energy, Inc. attributed the large improvement in earnings on a year over year basis to higher realized prices for oil and gas sales. The company reported that the average realized price for oil in the second quarter of 2010 was $74.27 per barrel, compared to only $56.55 per barrel in the second quarter of 2009. Clayton Williams…

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