WednesdayMay 09, 2012 3:59 pm

UNR Holdings, Inc. (UNRH) Completes 3 Phases of Marshal Rybalko Project in Moscow

UNR Holdings, a commercial and real estate development company operating primarily in Moscow and its surrounding suburban communities, today announced it has completed the construction of phases IV, V, and VIII of its Marshal Rybalko Project. The project is a multi-functional residential complex that includes residential living, underground parking, and social resources and business establishments, located in the North-West Administrative District of Moscow. Upon completion, the total gross area of all of the developmental phases of the project will be more than 2 million square feet. The company expects to complete construction of all eight phases of the Marshal Rybalko…

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WednesdayMay 09, 2012 3:52 pm

ImmunoCellular Therapeutics Ltd. (IMUC) Updates on Clinical Activity and Patient Enrollment for Study of Brain Cancer Vaccine Candidate

ImmunoCellular Therapeutics, a biotech company focused on the development of novel immune-based cancer therapies, today issued an update on clinical trial site activity and patient enrollment for its phase II clinical trial of ICT-107, the company's cancer vaccine candidate targeting multiple tumor antigens for the treatment of glioblastoma multiforme (GBM), the most aggressive malignant primary brain tumor. The company reports that it has initiated the trial in 25 sites, and that it expects to enroll approximately 200 or more patients to treat 102 patients with HLA-A1/A2 immunological subtypes. There currently are 189 patients enrolled in the study, with final enrollment…

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WednesdayMay 09, 2012 1:42 pm

Complete Genomics (GNOM) Sequences Genomes in Type 2 Diabetes Genetic Study

Complete Genomics Inc. is whole human genome sequencing company that has developed and commercialized an innovative DNA sequencing service. The company's Complete Genomics Analysis Platform combines its proprietary human genome sequencing technology with advanced informatics and data management software. The company today announced that it has sequenced the genomes of 600 individuals from 20 Mexican-American from San Antonio, Texas. This is thought to be the largest whole genome sequencing family study conducted to date and the first such study of its kind in an Hispanic population. The study was funded by the National Institute of Diabetes and Digestive and Kidney…

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WednesdayMay 09, 2012 8:57 am

Houston American Energy (HUSA) Closes on Registered Equity Offering

Houston American Energy issued an update to investors on the company’s recent financial and oil and gas operational activity in the United States. Houston American Energy has closed on a direct offering of the company’s common stock to a group of institutional investors. The company sold 6.2 million units at $2.12 per unit, raising gross proceeds of $13.1 million. Houston American Energy reported that each unit consisted of one share of the company’s common stock and one stock purchase warrant. The warrant gives the holder the right to acquire one share of Houston American Energy common stock at an exercise…

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WednesdayMay 09, 2012 8:45 am

Rexahn Pharmaceuticals, Inc. (RNN) Submits Phase II Protocol to FDA for Clinical Study of Archexin as Treatment for Ovarian Cancer

Yesterday, clinical stage pharmaceutical company Rexahn Pharmaceuticals, Inc. announced it has submitted a phase II protocol to the U.S. Food and Drug Administration for the clinical study of Archexin(R) as a treatment for ovarian cancer. Archexin is a first-in-class Akt protein kinase inhibitor that has the potential utility to inhibit cancer cell survival and proliferation, angiogenesis, and drug resistance. Based on data from the phase I clinical trial, Archexin has an excellent human safety profile, with fatigue as its only side-effect. Archexin has received FDA Orphan drug designation for five difference cancer types, including renal cell carcinoma, glioblastoma and pancreatic,…

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TuesdayMay 08, 2012 4:08 pm

Infrax Systems, Inc. (IFXY) Introduces SPIDer Detection and Identification Network

Infrax Systems provides unified Smart Grid-related products and services for the energy and utility industries. The company today launched its SPIDer (Secure Perimeter Intrusion Detection) network designed to address the threats of copper theft and malicious attacks on power substations, generation facilities, and critical infrastructure in the electric utility industry. The Department of Energy reports that copper theft, site destruction, and malicious activity generate theft-related costs up to $1 billion nationwide. However, the DoE reports that costs due to the actual theft of the copper are very small compared to the costs to repair the damage to the equipment and…

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TuesdayMay 08, 2012 3:23 pm

Zynex, Inc. (ZYXI) Posts Q1 Preliminary Results Lifted by Subsidiary Strength

Zynex, a provider and developer of non-invasive medical devices for electrotherapy and stroke rehabilitation, neurological diagnosis, and cardiac monitoring, today posted its first quarter 2012 unaudited financial results. The company's total first-quarter net revenue increased 35 percent to $8.9 million compared to $6.6 million reported for the first quarter of the year prior. The company attributes the increase in sales to its Zynex Medical subsidiary, in which strong demand continues from its products. A small amount of revenue was derived from its Zynex NeuroDiagnostics subsidiary. First quarter 2012 net income was $320,000, or $0.01 per share, versus a net loss…

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TuesdayMay 08, 2012 3:21 pm

Quasar Aerospace Industries, Inc. (QASP) Announces Management Change, CATS Application Approval, and Conference Call Rescheduling

Quasar Aerospace Industries made several announcements today concerning a management change, the acceptance of its CATS (Computer Assisted Testing Service) application, and the rescheduling of a previously announced conference call. Mr. William F. “Bill” Cirmo II has been nominated to fill the void as Chief Operating Officer and would be responsible for overseeing flight training and ground operations for subsidiaries. Mr. Henderson is no longer with the corporation and, in accordance with his employment agreement, has resigned from all positions in Quasar and its subsidiaries. Bill Cirmo began his distinguished career in aviation as an aviator for the US Navy,…

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TuesdayMay 08, 2012 1:24 pm

Phototron Holdings, Inc. (PHOT) Announces Addition to Its Board of Directors

Phototron Holdings is a leading technology supplier to the hydroponic growing industry. The company's line of products include Stealth Grow LED brand LED grow lights and the Phototron single plant systems and accessories. More information on Phototron's products can be found at either www.phototron.com or www.stealthgrow.com. The company today announced that Bob Kurilko, a seasoned executive with over 25 years of experience, has joined its Board of Directors. In this role, Mr. Kurilko will aid in advancing Phototron Holdings' business development goals and assist in guiding its corporate branding and online marketing strategies. He will also be an integral part…

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TuesdayMay 08, 2012 9:38 am

TranSwitch Corp. (TXCC) Introduces HDmobile Transceiver IC, Offering a Single Path Solution for USB, HDMI, and DisplayPort for Mobile Devices

Leading semiconductor solutions provider TranSwitch introduced its HDmobile transceiver integrated circuit (IC), which combines USB, HDMI, and DisplayPort interfaces to deliver ultra-high-speed data connectivity and HD video transmission through a single cable. HDmobile is optimized for space-sensitive and power-conscious mobile applications like smartphones and tablets. USB 3.0 is projected to become available in smartphones and tablets by 2013, and it is also anticipated that of the approximately 1.25 billion smartphones and tablets that will be sold in 2015, more than 470 million will have HDMI or DisplayPort video connectivity. The USB 3.0 standard, which is supported by TranSwitch’s HDmobile solution,…

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