FridayFeb 26, 2010 1:35 pm

Axcess International, Inc. (AXSI.OB) Shows Strong FY 09 Results, Details Technical and Sector Innovation

Axcess International Inc., a portfolio company of Amphion Innovations plc (AMP) with innovative offerings like the Dot™ and Dual-Active™ RFID and other RTLS (real time location systems) wireless solutions for real-time situational awareness of assets, supply chain elements, locations, and persons, announced its FY 09 (ended Dec. 31) results today. President and CEO Allan Griebenow called 09 a “record revenue year”, citing the completion of a second turn-key infrastructural security project in the Caribbean, the debut of a distribution sales bundle to position the Company for further market penetration in physical security, and the HID Global agreement to become an…

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FridayFeb 26, 2010 1:23 pm

Global Entertainment Holdings, Inc. (GBHL.OB) Names Daniel Sherkow COO

Global Entertainment Holdings is a company that has started to gain acclaim as a renowned worldwide entertainment organization. In a short period of time, Global had evolved into an international presence with a multitude of domestic and foreign affiliates. Today, Global took a major step towards enhancing their future with the announcement that Daniel Sherkow will be the new Chief Operating Officer of their wholly-owned subsidiary Global Universal Entertainment. Daniel Sherkow is an acclaimed producer and financier of major motion pictures and has led a variety of successful productions throughout his distinguished career. Sherkow is known for creating cutting-edge productions…

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FridayFeb 26, 2010 1:20 pm

Li3 Energy, Inc. (LIEG.OB) Signs Letter of Intent to Acquire Lithium Project in Argentina

Li3 Energy Inc. is a company focused on identifying and acquiring lithium brine opportunities in the United States, Argentina, Peru and Chile. The company announced today that it has signed a letter of intent with a private company in Argentina to acquire lithium brine assets in the Puna region of northern Argentina. The prospective location, known as the Rincon South Property, covers approximately 4,250 acres. It is comprised of 14 claims on the southern portion of the Salar de Rincon, located adjacent to an advanced lithium brine pumping and production project owned by Sentient. The proposed Rincon South transaction is…

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FridayFeb 26, 2010 11:12 am

Excel Maritime Carriers Ltd. (EXM) May Offer Opportunity as Old Contracts Expire and Higher Rates Kick In

There are certain sectors that bear watching as a poor economy struggles with various issues. These sectors indicate trends that offer a roadway to where the profit may lie, even in a down cycle. As the world is obviously a global system of trade, shipping is one such sector. Containers shipped are a signal of export growth and contraction along with money flows. Bulk shipping, however, is a sign of manufacturing and wealth generation. As this sector moves, so does the real world economy (in an economic economist sense.) Excel Maritime Carriers Ltd., a dry bulk shipping company, operates a…

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FridayFeb 26, 2010 10:27 am

China VoIP & Digital Telecom, Inc. (CVDT.OB) Subsidiary Signs Contract with New Customer in China

The wholly-owned subsidiary of China VoIP & Digital Telecom Inc., Jinan Yinquan Technology Company Ltd., today announced that it has signed a virtualization agreement with Shandong Luneng Network Information Company Ltd. Shandong Luneng is a subsidiary of Luneng Group which is directly managed by the State Grid Corporation of China. It provides comprehensive IT services to the enterprises in the Shandong power supply system. Jinan Yinquan will implement an integrated virtualization solution and provide long-term support for the customer's data center. Yinquan will provide the customer with industry-leading technology in comprehensive data center solutions. Their sophisticated virtualization solution will help…

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FridayFeb 26, 2010 10:21 am

MiMedx Group, Inc. (MDXG.OB) Announces Completion of New Branding Initiative and Launches New Website

MiMedx Group, Inc., an integrated developer, manufacturer and marketer of patent protected biomaterial-based products, recently announced that the company has completed its corporate/technology branding initiative and launched an updated website at www.mimedx.com. Established two years ago through a reverse merger, MiMedx Group, Inc. had been operating through its two subsidiaries, SpineMedica, LLC and MiMedx, Inc. In 2009, the company restructured its management and sales operations and consolidated under the MiMedx Group name. The company has received FDA clearance for its first durable hydrogel product, the HydroFix™ Vaso Shield indicated for use as a cover for vessels following anterior spinal surgery.…

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FridayFeb 26, 2010 10:19 am

United America Indemnity Ltd. (INDM) Reports Profit and Book Value Growth In 2009

United America Indemnity Ltd. reported net income of $74.6 million, or $1.44 per share, for 2009. In 2008, the company lost $141.6 million, or $3.87 per share. United America Indemnity Ltd. also reported strong growth in book value for the year ending December 31, 2009. The company reported a book value of $13.76 per share, compared to $12.00 per share a year earlier. United America Indemnity Ltd. is an insurance company that provides property and casualty insurance and reinsurance through its three wholly owned subsidiaries Penn-America, United National, Diamond State and Wind River Reinsurance Company, Ltd. The company offers property,…

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ThursdayFeb 25, 2010 2:43 pm

SatMAX Corp. (SATM.PK) Details Communications Solutions Line

SatMAX Corp., located in Houston, TX, designs and manufactures advanced non-line-of-sight satellite communications solutions. Founded in 2001, the company’s products provide critical indoor satellite communications for the commercial and government markets. SatMAX’s products have been sold to corporate, commercial, and government organizations. With three innovative product lines, SatMAX has raised the bar in the communications solutions industry. Its SatMAX system enables Handset customers to make multiple concurrent and fully wireless satellite voice calls, while simultaneously allowing data connectivity from the safety of any indoor location. Its HeliSAT3 systems, a derivative of the SatMAX line, is employed in aircraft communication and…

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ThursdayFeb 25, 2010 2:30 pm

Nutrition 21, Inc. (NXXI.OB) Announces Approval of Chromium Picolinate for Use in Dietary Supplements

Yesterday, nutritional ingredients developer, Nutrition 21, Inc., announced that chromium picolinate has been officially approved for sale in Canada. Nutrition 21 can now sell its Chromax® brand of chromium picolinate to Canadian manufacturers, marketers, and importers of natural health products. The substance will be sold as a natural health product, also known as a dietary supplement, as determined by Health Canada. "Chromium picolinate is now the only organically bound chromium approved for sale in U.S., European Union, and Canadian markets," stated William J. Levi, vice president, Ingredients and Special Markets. "We are delighted to be informed of the Canadian approval…

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ThursdayFeb 25, 2010 2:09 pm

ubroadcast, Inc. (UBCI.OB) Makes Major Acquisition

One company that is on the rise is ubroadcast, Inc. An interactive company, ubroadcast.com is unique in that it allows users to produce and broadcast LIVE and On Demand television as well as radio in high quality. Today, ubroadcast took a major step towards enhancing their future with the announcement that they have acquired IVu Media Corporation. IVu is a state-of-the-art software company that has developed a unique Video Content Management (VCM) System. The Alexandria, Virginia-based company uses utilizes the VCM System to work in a tandem with High Definition Playback technology which is an Internet broadcasting platform that has…

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