TuesdayMar 27, 2012 9:53 am

Pervasip Corp. (PVSP) Subsidiary to Launch Mobile VoIP Application in Africa

Vox Communications, a subsidiary of Pervasip, recently entered into a letter of intent with Trust Pay and Emoni to market its mobile VoIP application in Africa. Trust Pay is the developer of the groundbreaking Trust Pay app, which has allowed developers to monetize their apps by creating a seamless payment solution, enabling mobile customers to purchase apps directly from their cell phones without debit or credit cards. Developers get payments from Trust pay through various Mobile Wallets across dozens of mobile networks based on the country the user is located in. In the ever-expanding global Android market, which boasts an…

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TuesdayMar 27, 2012 8:28 am

Overland Storage, Inc. (OVRL) Hardware Product Recognized at 2012 Network Computing Awards

Global provider of data management and protection solutions, Overland Storage, announced that its SnapServer DX Series™ was named the ‘Hardware Product of the Year’ at the 2012 Network Computing Awards. The series also took the honor as runner up in the ‘Data Centre Product of the Year’ category. The awards were presented at a ceremony on 22nd March at Hotel Russell, London. Launched in October 2011, the SnapServer DX Series is the ideal solution for modern business applications from virtualized server, Microsoft Exchange, SharePoint, and SQL environments to digital imaging, web services, storage consolidation, and backup. SnapServer DX offers a…

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TuesdayMar 27, 2012 8:26 am

Delcath Systems, Inc. (DCTH) Bolsters Global Marketing Team with Strategic Pharma Oncology Hire

Delcath Systems announced the appointment of Jennifer Simpson, Ph.D., M.S.N., C.R.N.P., to the position of Executive Vice President, Global Marketing. Ms. Simpson will use her extensive pharmaceutical and oncology marketing background to lead Delcath’s global product marketing, brand management and reimbursement programs in the European Union, United States, and other key markets. In line with Ms. Simpson’s appointment, Agustin Gago, Delcath's Executive Vice President for Global Sales & Marketing since 2009, will assume the new role of Executive Vice President, Global Sales. Ms. Simpson and Mr. Gago will both report to Eamonn P. Hobbs, President and CEO of Delcath. Both…

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MondayMar 26, 2012 2:25 pm

SED International Holdings, Inc. (SED) Rolls Out $15M in Small-Medium Business Credit Availability for US Resellers

This morning, SED International Holdings, the preferred distributor for a wide range of cellular, computer hardware, consumer electronics, and small appliance offerings via a truly multinational footprint, which also provides tightly-integrated/customized supply chain management services, reported a swathe of new programs for Small-Medium Business (SMB) resellers that should accelerate financing in the space significantly. Bringing together a robust mix of SMB reseller categories, from technology VARs (value added resellers) and system builders, to independent retailers, SED draws on a customer base of over 10k channel partners/retailers throughout the US and Latin America to launch this kind of program roll out…

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MondayMar 26, 2012 2:16 pm

China XD Plastics Company Ltd. (CXDC) Posts Q4, FY 2011 Financial Results and Upward Guidance

China XD Plastics Company, one of China's leading specialty chemical players engaged in the development, manufacture, and sale of modified plastics primarily for automotive applications, today announced its financial results for the fourth quarter and the full year ended December 31, 2011, and offered expectations of revenues for fiscal 2012 to range between $550 million and $580 million. Revenues for the fourth quarter of fiscal 2011 were $113.9 million, a year-over-year increase of 57.3 percent compared to $72.4 million reported in the fourth quarter of fiscal 2010. Fourth-quarter gross for 2011 was $29.3 million, up 57.7 percent from $18.6 million…

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MondayMar 26, 2012 2:07 pm

American Energy Corp. (AEDC) Draws $1M from $7.8M Financing Agreement to Continue Drilling Programs

American Energy Development, an independent U.S. energy company focused on developing acreage in established oil and gas basins, today announced it has drawn $1 million from its previously announced $7.8 million financing agreement for the continued development of its Michigan assets. The company recently commenced production of its Brown 2-12 well and is preparing to resume its drilling program in Michigan targeting Niagaran reef structures. The company also plans to continue its exploration for other opportunities in Michigan. To execute its plans for continued growth, AED will allocate funds toward: the Dansville Drilling Development program located on 1,343 acres in…

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MondayMar 26, 2012 8:30 am

BioClinica, Inc. (BIOC) Announces Partnership with NextDocs to Streamline Clinical Trial Submission Process

Friday, BioClinica announced a partnership with NextDocs, which is a global leader in providing life sciences organizations with Microsoft SharePoint-based compliance solutions – providing easier access to clinical trial information and decreasing the timeline for FDA submissions. Through their partnership, the two companies will offer integration that unites BioClinica’s OnPoint Clinical Trial Management System (CTMS) with NextDocs’ Electronic Trial Master Form (eTMF) products. OnPoint CTMS empowers clinical trial sponsors and CROs to efficiently access, share, and analyze operational data through the power and ease of Microsoft SharePoint; eTMF gives customers a comprehensive document repository that streamlines essential trial documentation management…

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FridayMar 23, 2012 4:31 pm

CNS Response, Inc. (CNSO) Details Response to FDA Feedback on Investigational Device

CNS Response, a provider of reference data and analytic tools for clinicians and researchers in psychiatry, today announced that the U.S. Food and Drug Administration (FDA) has responded to the company’s proposal for a clinical trial of an investigational device, PEER Interactive, designed to help physicians identify the best treatments for certain mental illnesses. PEER Interactive, a Web service based on a standard electroencephalogram (EEG), records a patient's brain function much like an electrocardiogram (EKG) does for the heart. The Psychiatric EEG Evaluation Registry (PEER) was developed by physicians as a quality assurance tool to determine which psychiatric medications are…

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FridayMar 23, 2012 11:43 am

netTALK.com, Inc. (NTLK) Recaps Announcement for April Launch of netTALK DUO WiFi

netTALK.com, a telecommunications and consumer electronics company, today commented on the sentiment surrounding the upcoming launch of its netTALK DUO WiFi, the first Wi-Fi VoIP device and digital home and small-to-medium business (SMB) phone service. The company reports that last week’s announcement of the April 2012 introduction of the device was met with significant positive response; the company also provided a recap of the technology’s features. “Since we announced the netTALK DUO WiFi, along with rave reviews the interest from consumers, brand champions, evaluators and retailers alike has been overwhelming. Everyone, it seems, wants to get their hands on the…

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FridayMar 23, 2012 11:34 am

China Sunergy Company Ltd. (CSUN) Signs Key Agreement with DuPont

China Sunergy Company is a specialized manufacturer of solar cell and module products in China for use both domestically and in export markets. The solar cells use crystalline silicon solar cell technology to convert sunlight into electricity. The company announced today that, in conjunction with China Electric Equipment Group (CEEG), it had signed a letter of intent with DuPont China Holdings for strategic collaboration relating to solar technologies and materials, power transformers, insulation, and aircraft composite materials. The agreement with the subsidiary of one of the world's most respected companies, DuPont (NYSE: DD), is for a period of three years.…

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