TuesdayMay 19, 2009 5:27 am

Aura Systems, Inc. (AUSI.OB) Welcomes Dr. Michael McElfresh to Their Team

Aura Systems, Inc. announced yesterday that Dr. Michael McElfresh joined the Company’s technical and management team. With a Ph.D in Solid State Physics from the University of California-San Diego, Dr. McElfresh has over 20 years of experience in academia and with high tech companies. Prior to joining Aura, he served as a Staff Consultant at the Argonne National Laboratory, Director of Product line Management at OptiSolar, and held numerous positions at Lawrence Livermore National Laboratory. Additionally, he was a tenured professor of Physics at Purdue University. Dr. Art Schwartz, Aura’s CTO said, “We are very pleased to have Dr. McElfresh…

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TuesdayMay 19, 2009 5:23 am

Ecosphere Technologies, Inc. (ESPH.OB) Announces Successful Results of Fayetteville Shale Testing

Ecosphere Technologies, Inc., a diversified water engineering and services company primarily focused on the natural gas industry, recently announced the successful results of the company’s pilot Fayetteville Shale testing. Ecosphere's mission is to identify, create and produce clean technologies that are economically viable and improve the quality of life and protect the environment. According to results from an independent lab, the tests confirmed that the EcosFrac technology killed the bacteria and passed the seven-day test for sulfur reducing bacteria at Ecosphere's stated flow rate. The company’s EcosFrac process is a non-chemical electro-ozonation procedure that kills bacteria in frac water at…

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TuesdayMay 19, 2009 5:19 am

Harbin Electric, Inc. (HRBN) Enters Agreement to Co-Develop Linear Motor-Driven Train System

Harbin Electric, Inc., a company focused on developing and manufacturing a wide array of electric motors in the People's Republic of China, announced that it has inked an agreement with a domestic Maglev technology company to co-develop a linear motor-driven freight train system for coal transportation. First, the two companies plan to build a 850 meter long testing line in a coal mine in inner-Mongolia. Once the testing line is completed, the project is anticipated to expand to a 32 km long coal transportation line in inner-Mongolia. As terms of the agreement, Harbin Electric will provide linear motor driving systems…

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TuesdayMay 19, 2009 5:11 am

Intelligroup, Inc. (ITIG.OB) Receives 2009 SAP(R) Pinnacle Award

Intelligroup, Inc, an information technology and outsourcing services provider primarily focused on enterprise resource planning (ERP) and extended ERP solutions, announced this morning that it has been awarded a 2009 SAP(R) Pinnacle Award in the category Top Company Contributor - SAP Developer Network (SDN) Community. SAP Pinnacle Awards are granted to leading SAP partners that have demonstrated exceptional customer experience, addressing crucial issues such as accelerating co-innovation and improving return on investment. Winners were chosen from 300+ nominations, twice the number in 2008, received from partners and SAP employees. "Our commitment and dedication to creating value for our customers and…

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MondayMay 18, 2009 12:01 pm

Power3 Medical Products Inc. (PWRM.OB) Announces Positive Results for Company’s Parkinson Product

Power3 Medical Products Inc. is a leader in bio-medical research, particularly cancer biomarkers, pathways, and mechanisms of disease, through the development of diagnostic tests and drug targets. The company's patent-pending technologies are used to develop screening and diagnostic tests for the early detection and prognosis of cancers and neurodegenerative diseases such as Parkinson's disease. Power3 Medical announced today that results for the early stage diagnosis from clinical validation trials of the company's NuroProPD test for Parkinson's disease are better than expected. The NuroProPD test was developed to help clinicians distinguish patients with Parkinson's disease from “normal” individuals and patients with…

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MondayMay 18, 2009 9:00 am

Bonfire Productions Inc. (BNFR.OB) Secures Merger Agreement with Intervision Network Corp. (IVSW.PK) to Offer Streaming Media Products

Bonfire Productions Inc. is a development-stage company focused on the recording, publication and distribution of children’s fairy tales via its Web site and other online retailers. The company works to bleed international lines, providing multi-cultural content. The company today announced it has inked a merger agreement with Intervision Network Corp. (IVSW.PK) (IVNet), a streaming media technology company working through its subsidiary to provide production, distribution and development of Internet Protocol Television (IPTV). According to the press release, Bonfire Productions plans to launch the entire line of IVNet products (www.intervisionnetwork.tv), centering on the Ice Mobile (www.keepitonice.com) media phone, capable of broadcasting…

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MondayMay 18, 2009 7:16 am

Six Flags Inc. (SIXF.OB) May be a Sleeper Waiting to Happen

Given today’s economic conditions, closer to home entertainment seems to be a logical investment opportunity. In most respects, this is a solid concept that could pay off. However, it may prove a bit less so as overall spending is reduced. Variability is the unknown, but in either case consumers will spend closer to home at a reasonable cost. An investor that can find that closer to home entertainment option is one that will profit. Six Flags Inc., a regional amusement park operator, owns and operates 20 amusement parks in the U.S., Mexico and Canada. The company currently has plans for…

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MondayMay 18, 2009 7:04 am

Energy Composites Corp. (ENCC.OB) Announces First Quarter Results, Revenues Increase 49%

Energy Composites Corp., a leading provider of composites-based solutions to the clean-tech sector, announced its financial results for the quarter ended March 31, 2009. The company reported a 48.7% increase in revenues for the quarter compared to the revenues generated during the same period in 2008. Gross profit also had a notable 20.8% increase. Sam Fairchild, ECC’s CEO, stated, “Our expansion and diversification strategy continues apace, with solid core market results in spite of economy-wide weaknesses. We are investing in our WindFiber™ strategy, and have announced our plans to construct a 350,000 square foot wind blade production plant in Wisconsin…

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MondayMay 18, 2009 6:01 am

Advanced Growing Systems, Inc. (AGWS.OB) Subsidiary Completes Initial Reengineering of Production at Mississippi Plant

Organic Growing Systems, Inc. (OGSI), a subsidiary of Advanced Growing Systems, Inc., announced that enVentive Solutions, Inc., working together with OGSI personnel, has completed the initial phase of plant reengineering to bring daily fertilizer production to 250+ tons per day. "The first phase of the re-engineering process focusing on raw material handling, debris and moisture control has been completed. This phase included completely rebuilding the entire front-end that feeds lines 1 and 3 to furnish a consistent quality of incoming raw material," stated Mark D. Nichols, President of Organic Growing Systems, Inc. "Our immediate expectation from these changes is to…

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MondayMay 18, 2009 5:57 am

BrandPartners Group, Inc. (BPTR.OB) Reports First Quarter Results

BrandPartners Group, Inc. today reported its financial results for the quarter ended March 31, 2009. Revenues for the quarter totaled $11.5 million compared to $9.2 million during the same period a year earlier. Net Income also increased significantly, totaling $717,234, or $.02 per fully diluted share, versus net income of $546,446, or $.01 per fully diluted share, for the same period last year. James F. Brooks, CEO of BrandPartners, stated, “We are pleased with our first quarter results, as we improved revenues, operating income and net income above the same period last year. Although the client base we service, retail…

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