WednesdayDec 09, 2009 5:00 pm

Insight Management Corp. (ISIM.OB) Growing Via Acquisitions of Oil & Gas Businesses

Insight Management Corp. is successfully executing its corporate growth strategy by acquiring oil and gas companies with ongoing revenue, profitable operations, proven management and established customers. The company looks for undervalued, well-run energy businesses with opportunities to expand in the United States. The acquisitions made by the company add revenue and create bottom line growth. Specifically, Insight Management pursues acquisitions of energy firms with revenues in the $5 to $25 million range and management willing to stay on for at least three years. In return, Insight Management provides management expertise and access to capital to increase revenue, profit and market…

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WednesdayDec 09, 2009 4:57 pm

VirnetX Holding Corp. (VHC) Announces Beta Testing for GABRIEL Secure Software Technology

VirnetX Holding Corp. is a communications and collaboration technology company with more than 48 U.S. and international patents, as well as pending applications for its GABRIEL Connection Technology. The company today announced the launch of beta testing of the Gabriel software, which provides seamless, automated security for communications by Internet-based applications. The company said it is shifting from concentration of internal Gabriel testing, and will now include invited beta users from outside the company for about six months. "I am very pleased with VirnetX's Gabriel beta announcement," Kendall Larsen, VirnetX president and CEO stated in the press release. "As with…

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WednesdayDec 09, 2009 4:34 pm

EPA Ruling Could Provide a Wealth of Growth Opportunity for Cemtrex, Inc. (CTEI.OB)

One company that has been making a name for itself of late is Cemtrex Incorporated. Located in Farmingdale, New York, Cemtrex has quickly grown into a worldwide market leader in manufacturing and selling state-of-the-art instruments for emission monitoring of opacity, mercury and filtration products. Today was a turning point for Cemtrex due to a ruling from the Environmental Protection Agency (EPA). It was on this day that the EPA issued a long anticipated ruling that greenhouse gases threaten public health and the administration shall regulate smokestack and tailpipe emissions of greenhouse gases. With this ruling, any new legislation from the…

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WednesdayDec 09, 2009 4:27 pm

Hi-Tech Pharmacal Co., Inc.’s (HITK) Quarterly Earnings Data Shows Strong Growth

Hi-Tech Pharmacal Co., Inc. reported second fiscal quarter (ending Oct. 31) data today, which showed notable growth from the previous year. HITK’s net sales were up 63%, to $40.9M, from last year for the three-month period, and up 64% for the quarter, excluding the Midlothian Laboratories data, which showed a $1.6M decrease due to discontinuation of cough and cold remedies that failed to obtain approval. Obtained in February of this year, ECR Pharmaceuticals, with its line of branded products, accounted for $4.6M of sales. HITK’s OTC-branded products are marketed by the Health Care Products Division, which saw a 9% jump,…

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WednesdayDec 09, 2009 11:59 am

China Wind Systems, Inc. (CHWY.OB) Lands Big ESR Order

China Wind Systems, Inc., a growing clean-power equipment and components company in China, with offices in New York, announced today that it has signed a preliminary agreement with Shanghai Jing An Metal Materials Ltd. to supply 12,000 tons of electro-slag remelted products (ESR). The agreement calls for China Wind to deliver the product over a two-and-a-half year period, commencing in March 2010 after completion of the company’s ESR production line. The current selling price per ton of the contract’s ESR product is about RMB 20,000 to RMB 28,000 However, the final price is subject to prevailing market rates. The company…

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WednesdayDec 09, 2009 11:18 am

BTU International, Inc. (BTUI) Lands Solar Processing Orders

BTU International, a leading supplier of advanced thermal processing equipment and processes to the alternative energy and electronics manufacturing markets, today announced that it has received $5.5 million worth of orders from Asia/Pacific customers for solar processing equipment. Most of the equipment will be for contact formation in a new high-efficiency process for the manufacture of solar cells. The rest of the equipment consists of current-generation metallization systems. Revenue for the orders will be reported during the first half of 2010. BTU chairman and CEO, Paul Van der Wansem, said, “We are very pleased with these wins for our solar…

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WednesdayDec 09, 2009 9:49 am

Rex Energy Corp. (REXX) Completes Well

Rex Energy Corp. reported the completion of a well in the Marcellus Shale. The Alder Run #1H had an average production rate of 4.1 million cubic feet per day of natural gas during the first 13 days. The Alder Run #1H well is located in Clearfield County, Pennsylvania. The well was drilled to a total depth of 8200 feet, completed with a lateral extension of 2700 feet and hydraulically fractured to stimulate enough production to make the well commercial. Rexx Energy Corporation is an oil and gas exploration and production company with properties in the Illinois Basin and the Appalachian…

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WednesdayDec 09, 2009 9:30 am

International Stem Cell Corp. (ISCO.OB) Teams with Raulee Marcus to Design Skincare Line

Today, International Stem Cell Corporation’s wholly owned subsidiary, Lifeline Skin Care, announced that it will employ the services of Raulee Marcus, skincare expert, to help design a marketing program for its newly created line of skin care products. The new line is based on ISCO’s proprietary Parthenogenic Stem Cells. Ms. Marcus has an extensive background in skin care products, having been a key corporate executive with responsibilities for marketing, R&D and sales at companies such as Neutrogena, Colgate-Palmolive and Gillette. In his tenure, he was responsible for multi-million dollar increases in revenue. She has also had a highly successful career…

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WednesdayDec 09, 2009 9:29 am

Sharps Compliance Corp. (SMED) Announces 5-Year Contract with General Services Administration of the U.S. Government

Sharps Compliance Corp. provides cost-effective disposal solutions for medical waste, such as hypodermic needles, lancets and other objects used to puncture or cut the skin. The company yesterday announced a multi-year schedule contract by the General Services Administration of the U.S. Government (GSA), effective December 15, 2009. The five-year GSA schedule offers an avenue for federal government agencies to purchase Sharps Compliance products and services, including the company’s Sharps Disposal By Mail System(R), Sharps Medical Waste Management System(TM) and RxTakeAway(TM) solutions. Dr. Burton J. Kunik, chairman and CEO of Sharps, said being awarded the contract should boost awareness of the…

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WednesdayDec 09, 2009 9:27 am

GWS Technologies, Inc. (GWSC.OB) Set to Accept Orders for Proprietary Solar Panels at the First of the Year

GWS Technologies, Inc., an alternative energy technology company focused on developing, marketing and implementing solar and wind-powered renewable energy products and solutions for various commercial, industrial, and governmental end-users, recently announced that the company will begin accepting orders for their own proprietary solar panels at the first of the new year. Beginning January 1, 2010, GWS Technologies will offer two different panels: the 220-watt Monocrystalline panel and the 180-watt Monocrystalline panel. Both of these panels will be UL listed and TUV certified and will include a 25-year warranty on power output and a five-year panel warranty. Michael Coskun, GWS Technologies…

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