WednesdayMar 28, 2012 5:02 pm

Nutrastar International, Inc. (NUIN) Posts Full-year 2011 Financial Results, Achieves Record Sales

Nutrastar International, a leading producer and supplier of premium branded consumer products, functional health beverages, and organic and specialty foods, today announced its results for the year ended December 31, 2011. Revenues increased 41.1 percent to $34.21 million compared to $24.24 million in the year ended December 31, 2010. Gross profit increased 32.4 percent to $25.96 million, up from $19.6 million in the comparable 2010 year, representing a gross margin of 75.9 percent. Net income rose 26.3 percent to $17.00 million, or basic and diluted earnings per share of $1.12 and $1.04, respectively, up from $13.44 million reported for full…

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WednesdayMar 28, 2012 2:27 pm

Brekford Corp. (BFDI) Receives Contract from City in Maryland

Brekford is a provider of state-of-the-art mobile technology and traffic safety solutions to the U.S. military, various federal agencies, and numerous security and public safety agencies all across the United States. The company's services include automated traffic safety solutions as well as an end-to-end suite of mobile computer and video technology. The company reported today that it has been selected for a speed enforcement contract in Greenbelt, Maryland, although the specifics of the contract (how many cameras, etc.) have yet to be worked out. Once in place, Brekford's camera systems will issue warnings for a period of 30 days. After…

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WednesdayMar 28, 2012 10:21 am

Ever-Glory International Group, Inc. (EVK) Reports Fiscal Year 2011 Financial Results and 2012 Guidance

Ever-Glory International Group, a leading apparel supply chain manager and retailer in China, today reported its financial results for its fiscal year ended December 31, 2011, reflecting strong sales and expansion initiatives. "We're very pleased with the significant progress we made in 2011, as sales in both our retail and wholesale segments continued to increase," Edward Yihua Kang, chairman of the board and CEO of Ever-Glory stated in the press release. "We are especially encouraged by achieving the objectives of LA GO GO store expansion. As of December 31, 2011, we had 467 LA GO GO stores in China; we…

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WednesdayMar 28, 2012 9:52 am

VolitionRX Ltd. (VNRX) to Advance Blood-Based Diagnostics for Cancer

VolitonRX, a life sciences company focused on the development of diagnostic blood tests, is developing its Nucleosomics™ technology to measure and identify the signatures of nucleosomes (a protein component of a chromosome containing a short length of DNA) that are released into the blood as cells die. The company believes its pioneering technology will help detect early stage diseases that are characterized by high cell turnover, such as cancer. When a cell dies, individual nucleosomes are released into the blood to be recycled. It is well-known that high levels of nucleosomes are released into the blood stream as a result…

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TuesdayMar 27, 2012 2:05 pm

Seeking Alpha Reaches One Millionth Member Milestone

Seeking Alpha announced that it just passed 1 million registered members and is continuing to grow at a rapid pace - adding over 2,000 new members every day the stock market is open. The well-respected website has become the largest publishing platform for finance professionals and other financial commentators. Latest statistics show that Seeking Alpha publishes about 250 articles per market day, after editorial selection, from about 900 active authors per month. Recognized as the premier website for actionable stock market opinion and analysis, the website has a strong readership among money managers, research analysts, investment bankers, and serious individual…

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TuesdayMar 27, 2012 12:41 pm

Source Gold Corp. (SRGL) in Final Stages to Acquire New Mineral Property with “Geological Promise”

Source Gold, an exploration stage mining company, today announced its plans to this week complete the acquisition of a new mineral property in northern British Columbia, at the Yukon Territories border. The property was explored in the 1980s by crews looking for zinc, lead, and silver deposits. Though the crews didn’t complete the work, Source Gold acquired reports that the company says merit further studies of the claims. And while gold was not the target of the earlier exploration, Source Gold reports that there have been several gold strikes in the vicinity, partially due to the Carlin type geology of…

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TuesdayMar 27, 2012 12:40 pm

STWA, Inc. (ZERO) Awards Temple University Research Funding for Continued Pipeline Technology Development

STWA, a developer of energy efficiency technologies in the multi-billion dollar oil pipeline and diesel engine markets, announced today that Temple University would be awarded $500,000 to fund research pursing further advancements to STWA’s exclusively licensed oil pipeline technology. World-renowned physicist, Dr. Rongjia Tao will lead the research team throughout the collaborative R&D process between STWA and Temple University. "We have a very productive collaborative arrangement with Dr. Tao and Temple University. The current development and licensing agreement has led to completion of some of our critical milestones in successfully testing AOT(TM) with the United States Department of Energy. We…

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TuesdayMar 27, 2012 12:37 pm

Vermillion, Inc. (VRML) Posts Q4, FY Financial Results and Operational Achievements

Vermillion, a leading molecular diagnostics company, today reported its financial and operational results for the fourth quarter and full-year ended December 31, 2011, reflecting significant revenue increases for both periods. Total revenues in the fourth quarter of 2011 increased 152 percent to $868,000 from $345,000 reported for the fourth quarter of 2010. Fourth-quarter revenues included $755,000 from product sales of OVA1 and $113,000 of license revenue related to certain milestones associated with the company’s amended strategic alliance agreement with Quest Diagnostics. The company reported fourth quarter 2011 total operating expenses of $3.9 million, a decrease from $4.5 million reported in…

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TuesdayMar 27, 2012 12:34 pm

UTStarcom Holdings Corp. (UTSI) IPTV Platform Receives Influential Award from Chinese Ministry of Science and Technology at Key Cable Industry Trade Show in Beijing

UTStarcom, which has developed a broad spectrum portfolio of IPTV solutions ranging from the mundane to advanced NGN (next generation network) frameworks, reported reception today of a key Innovation Award from the Chinese Ministry of Science and Technology for their integrated IPTV broadcasting control platform, which was designed around China’s network convergence goals set forth in the Triple Network Convergence Policy. China’s Triple Network Convergence Policy seeks to fuse together cable, voice, and Internet networks. The UTSI platform was awarded during a top Chinese cable operator trade show, the 20th Annual China Content Broadcasting Network (CCBN) exhibition in Beijing, marking…

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TuesdayMar 27, 2012 10:00 am

US Dataworks, Inc. (UDWK) Launches Partner Program

US Dataworks recently announced that they have launched a new channel partner program to allow a network of companies to sell, service, and extend the company's Clearingworks payments processing system. At the program's launch, US Dataworks had four partners signed on to participate. US Dataworks is a payments processing company that offers cloud-based processing services. The company provides its services to utilities, telecommunications providers, content providers, financial institutions, and government agencies. The four companies that have initially signed are Technique Data Systems, Lighthouse Payment Systems, Vital, Inc., and Virtualization Performance. These partners will add an additional 20 sales representatives that…

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