WednesdayJun 03, 2009 9:46 am

American Lorain Corp. (ALRC.OB) Increases Number of Sales Agents to 300; Network Now Covers 26 Chinese Provinces

American Lorain Corporation, an international processed foods company that sells over 234 products in China and 42 foreign countries, recently announced that the company now has a total of 300 agents in 26 provinces in China. Over the past five months, American Lorain has been transitioning sales away from its direct sales force to agents, and has now increased the company’s distribution network from 19 provinces in China to 26 provinces. American Lorain has signed 300 agents as of May 2009, allowing the company to reach more than 2,000 supermarkets, including more than 130 large-scale supermarkets and roughly 1,900 small-…

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WednesdayJun 03, 2009 6:08 am

Helix Wind, Corp. (HLXW.OB) Enters Strategic Relationship to Deploy Small Wind Turbines for Newly Developed Oklahoma Medical Research Foundation

Helix Wind, Corp. announced that it has signed a joint distribution agreement with Synergy California LP to deploy small wind vertical axis turbines designed, developed and manufactured by Helix Wind. For the initial major project, they will deploy 25 Helix Wind S594 Systems at the Oklahoma Medical Research Facility in Oklahoma City, Oklahoma. Ground-breaking ceremonies were held last month at the Medical Research Facility. “The strategic distribution agreement with Synergy California moves small wind into the mainstream of new urban development projects by providing efficient electrons with an elegant esthetic view,” stated Helix Wind Chairman & President Scott Weinbrandt. "Providing…

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WednesdayJun 03, 2009 5:50 am

BrandPartners Group Inc. (BPTR.OB) Real Estate Affiliate Launches Capital Funding Program for National and Regional Banks

BrandPartners Group Inc., a leading retail environment solutions provider to the financial services industry, announced this morning that it now offers a program for the bulk-purchase of vacant and under-performing branch, office and administrative facilities through its real estate affiliate, BancRealty Advisors. The Excess Bank Property Program strategically takes advantage of BrandPartners’ relationships as a result of servicing more than 35,000 bank branches. The program provides a major new source of capital for financial institutions implementing acquisitions, including banks looking to re-finance TARP funding or re-examine their branch networks in today’s economic climate. The program provides cash while removing redundant…

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WednesdayJun 03, 2009 4:54 am

Axial Vector Engine Corp. (AXVC.PK) JV Prepares to Present Novel Technology at the Global Refining Strategies Conference

Axial Vector Energy Corp. announced this morning that its Joint Venture Company, PETRO AVEC, will be presenting its oxidative desulphurization and heavy oil upgrade technology at the Global Refining Strategies Conference in Houston, Texas on October 29-30, 2009. The Global Refining Strategies Summit 2009 attracts the most knowledgeable and influential refining leaders from across the globe. It is recognized as the world's showcase to explore dynamic strategies and benchmark the latest technologies designed to overcome the economic and environmental issues facing the world's refiners today. Dr. Mark Cullen inventor and Managing Partner stated, "With our global patent footprint now essentially…

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TuesdayJun 02, 2009 6:45 am

Nuvilex, Inc. (NVLX) to Issue Stock Dividend

Today, Nuvilex, Inc., an emerging healthcare consumer products company, announced that its Board of Directors has declared a stock dividend of one Common Stock share for every five hundred Common Stock shares owned. The dividend will be payable to stockholders of record as of June 30, 2009. "On behalf of The Board of Directors of Nuvilex, Inc., I would like to express thanks to our investors for their continued interest and support," stated Martin Schmieg, Chairman and CEO of Nuvilex, Inc. "We are now making good progress toward achieving our stated goals. We are very optimistic about Nuvilex' future and…

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TuesdayJun 02, 2009 6:32 am

China Advanced Construction Materials Group, Inc. (CADC.OB) Lands $3.3 Million Railway Contract

China Advanced Construction Materials Group, Inc., a leading provider of ready-mix concrete and related services in China, announced that it has been given a new contract to provide ready-mix concrete for a major railway construction project in China. According to the press release, the company will provide the concrete under its new manufacturing services business line, whereby China ACM produces the ready-mix concrete and the general contractor supplies the raw materials. It is anticipated that the contract will generate approximately $3.3 million over a two year period. Mr. Xianfu Han, Chairman and Chief Executive Officer, stated, "We are pleased to…

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TuesdayJun 02, 2009 6:23 am

Steel Vault Corp. (SVUL.OB) Subsidiary’s Subscriber Number Surpasses 10,000 in May

Steel Vault Corp., a premier provider of identity security products and services, announced this morning that its NationalCreditReport.com subsidiary recognized a 2,685 gain in subscribers to reach a total of 10,205 active subscribers at the end of May 2009, a month-over-month increase of 36% percent. After the trial period, subscribers pay a monthly fee for continued credit monitoring, credit reports and other identity theft protection services. William J. Caragol, Steel Vault’s Chief Executive Officer, stated, “In a relatively short period of time, we have surpassed 10,000 subscribers, thereby achieving another significant milestone in our growth. We will continue to carefully…

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TuesdayJun 02, 2009 6:15 am

QuantRx Biomedical Corp. (QTXB.OB) Further Expands Its Intellectual Property Suite

QuantRx Biomedical Corp., a diagnostic company focused on developing and commercializing innovative diagnostic products, today announced that the U.S. Patent and Trademark Office (USPTO) has issued a new patent extending its lateral flow testing intellectual property suite. This new patent will add significant protection as QuantRx enters the market with its hypersensitive point-of-care lateral flow based system. Together with the patented Q-reader technology, QuantRx is able to provide CLIA (Clinical Laboratory Improvement Amendments) waived Point-of-Care (POC) tests that other technologies cannot offer. “This milestone event for QuantRx marks the culmination of over a decade of research by our exceptional R&D…

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TuesdayJun 02, 2009 5:21 am

U.S. Construction Spending Posts Surprising Gain

In April, construction spending in the U.S. rose 0.8 percent, the highest gain since August 2008, surprised economists who were expecting a decline of 1.2 percent. The unexpected gain in April is the second straight month that builders increased spending on construction projects around the country. Prior to the gain in March, U.S. construction spending had fallen for five consecutive months. Private builders increased spending on housing projects by 0.7 percent in April, which marked the first gain since August 2008. Private spending on all other construction projects other than residential ones jumped 1.8 percent during the same time period,…

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MondayJun 01, 2009 11:20 am

Phoenix Interests Inc. (PXNT.OB) Swaps Ticker, Updates Shareholders on Additional Changes to Come

Phoenix Interests Inc. this morning announced the immediate change of its corporate ticker on the OTCBB, from PXIT to PXNT. The switch reflects the company’s changing business plan, as it focuses on the upcoming launch of its new mobility technology strategy, targeting a rapidly growing global market for mobile solutions. To execute its changing business strategy, Phoenix Interests has laid out the blueprint for several significant changes in operations and corporate cosmetics. Phoenix Interests is in the final stages of its acquisition of Stonewall Networks, which will be the first of several planned acquisitions. Stonewall Networks plays into Phoenix Interests’…

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