WednesdayJul 01, 2009 8:45 am

Epazz Inc. (EPAZ.OB) Signs Letter of Intent for Acquisition of Midwest Software Company, Supporting Innovative Product Offering

Epazz Inc. provides customized Web applications for corporations, educational institutions and various entities in the public sector. The company’s two wholly owned subsidiaries are DeskFlex Inc. and Professional Resources Management. The company today announced it has signed a letter of intent for the acquisition of an enterprise resource planning software company (name not disclosed in press release) based in the Midwest. According to the press release, the $450,000 deal will be finalized in the third quarter of 2009. The company expects the acquisition to benefit current and future customers as it continues to develop additional software tools. “This acquisition provides…

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WednesdayJul 01, 2009 8:31 am

Strata Oil and Gas Inc. (SOIGF.OB) Begins Readying for Production of Peace River Property, Expects 56,000 bpd Peak

Getting your ducks in a row before you make a move is the best way to start a new project. Understanding possible conditions , whether likeable or not, is the best rout toward to profit. This obvious fact is also an indicator that a company is paying attention and ready to capitalize on an opportunity. When an investor can recognize a company following this rout, they may have well found a solid profit opportunity. Strata Oil and Gas Inc., a junior oil and gas development company, works to develop all mineral opportunities but primarily carbon-hosted Bitumen oil deposits. Its current…

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WednesdayJul 01, 2009 7:22 am

China Nutrifruit Group Ltd. (CNGL.OB) is Confident of Global Growth

For something as simple as purchasing premium fruits in your grocery store, so much goes on behind the scenes that most consumers aren’t aware of. A complex network of research and development, marketing teams, processing and distribution usually are at the top of the list. Before these factors are set in motion though, it travels deeper still. In order for a company to grow to NYSE AMEX status and be a major contributor/competitor in the market, the company must have a general Code of Ethics, a Committee Board, Corporate Governance, among other requirements. Once these are established, only then a…

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WednesdayJul 01, 2009 6:59 am

China Nuvo Solar Energy Inc. (CNUV.OB) Obtains More Patents through Recent Purchase

What better place to develop new solar technology than sunny West Palm Beach, Florida. China Nuvo Solar Energy Inc. has been developing new, patentable inventions to meet the growing needs of renewable energy. Solar energy in particular takes the front seat for China Nuvo. For most, when we see those shiny squares on a roof or positioned in fields or yards, our first reaction is, “Oh look, solar panels.” Those “panels” are actually intricate layouts of photovoltaic solar cells. The efficiency and productivity of these units have been perfected numerous times over the years. It seems though China Nuvo has…

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WednesdayJul 01, 2009 6:33 am

Lufkin Industries, Inc. (LUFK) Acquires Rotating Machinery Technology, Inc.

Lufkin Industries, Inc. announced this morning that it has completed the acquisition of Rotating Machinery Technology, Inc. (RMT). RMT is recognized as a leader in the turbo-machinery industry, specializing in the analysis, design and manufacture of precision, custom-engineered tilting-pad bearings and related components for high-speed turbo equipment. Additionally, the company services, repairs and upgrades turbo-expander process units for air and gas separation. "We believe the acquisition of RMT will be a strong strategic fit with our Power Transmission division, and we look forward to working with their highly respected and experienced management team. We are pleased that Dr. John Nicholas,…

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WednesdayJul 01, 2009 6:12 am

Gold Resource Corp. (GORO.OB) Announces $20 Million Private Placement

Gold Resource Corp. was pleased to announce today that Hochschild Mining plc has agreed to a $20 million private placement, purchasing 5 million restricted shares of GRC's common stock at $4.00 per share. According to the press release, the capital will primarily be used at the company’s Aguila Project in the state of Oaxaca, Mexico. Hochschild's holdings in GRC now totals to approximately 24%. Gold Resource Corporation's president, William W. Reid stated, "We are pleased to have the continued support and financial assistance of Hochschild Mining during these final phases of project construction. Hochschild has and is assisting us in…

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TuesdayJun 30, 2009 11:01 am

LIGATT Security International (LGTT.PK) to Purchase Cyber Defense Systems, Inc.

LIGATT Security International announced today the intent to purchase Cyber Defense Systems, Inc. (PINKSHEETS: CYDM), a company whose focal point is international homeland defense. This purchase will aid in the distribution of computer security and cyber crime products and services. CYDM is certified to do business with the federal government and has operated in the past under the International Traffic in Arms Regulations (ITAR) agreement. The company plans to utilize ITAR to sell products to National Homeland Security, foreign militaries, foreign militaries and international governments. CEO Gregory Evans stated, "We plan to pay current shareholders of LIGATT Security shares of…

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TuesdayJun 30, 2009 9:09 am

Electronic Game Card, Inc. (EGMI.OB) Announces First Exclusive Representative Agreement to Sell Interactive Entertainment and Education QuizCards Into Leading Mass Market Retailers

Electronic Game Card, Inc. announced that it has signed an Exclusive Sales Representative Agreement with the FMM-The Moscoe Group to sell EGC Interactive Entertainment and Education "Know-it-All QuizCards(TM)" and "iQuizCards(TM)" branded cards. A 52-year business partner with leading mass market retail clients across America, the FMM-The Moscoe Group has a team of retail professionals who have decades of retail experience. "This new sales relationship offers EGC access to some of the most formidable retail sales professionals with developed and efficient retailer buyer relationships in the world. Through FMM-The Moscoe Group's exemplary reputation with its partners, EGC has an immediate opportunity…

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TuesdayJun 30, 2009 9:05 am

Waytronx, Inc.’s (WYNX.OB) Subsidiary Selects New Vice President of Worldwide Sales

Waytronx, Inc., a leading provider of openly licensable advanced systems cooling solutions, announced earlier today that it’s wholly owned subsidiary, CUI, Inc., has selected Mark Adams as its Vice President of Worldwide Sales. Previous to this appointment, Adams was a sales and product development leader in the semiconductor industry with nearly two decades of experience. He has acquired and managed major accounts such as Cisco Systems, Juniper Networks, Dell, Hewlett Packard (HP), Intel and others. Adams has represented proprietary products, commodity products, and value-add programs for Zilker Labs, Thorson Pacific, and Future Electronics. Waytronx's CEO & President William Clough commented,…

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TuesdayJun 30, 2009 8:45 am

Exobox Technologies Corp. (EXBX.OB) Announces Launch of SaaS Data Leak Detection and Protection Software

This morning, Exobox Technologies announced that its highly anticipated SaaS (Software-As-A-Service) data leak detection software product, ExoDetect, is now commercially available. Although many organizations heavily invest to protect their enterprise, significant data leakage still occurs at an estimated cost of $1 million per incident. Exobox’s software is uniquely designed to identify and recover valuable information and intellectual property that has been leaked beyond corporate walls. Ted Ernst, CTO of Exobox, stated, "Exobox is excited to make ExoDetect available via subscription, to companies that want to safeguard their most valuable data assets and regain control over their reputations. No other product…

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