WednesdayApr 22, 2009 6:54 am

Norsat International Inc. (NSATF.OB) Announces Acquisition of WiMAX Solution Provider

Norsat International Inc. announced that it has acquired 100% of Ireland-based Bluemoon 4G Ltd., a provider of WiMAX solutions. As terms of the agreement, Bluemoon will be purchased with 5,000,000 Norsat common shares. The addition of a comprehensive end-to-end turnkey WiMAX solution will complement Norsat’s existing product portfolio. “With the acquisition of Bluemoon, we accelerate our entry into the WiMAX market and expand our geographic reach into markets in emerging countries,” stated Dr. Amiee Chan, president and CEO. “We believe this acquisition is aligned with our strategic diversification into the commercial sector and will deliver long term growth and increase…

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WednesdayApr 22, 2009 6:47 am

OurPet’s Company (OPCO.OB) Reports Record Q1 2009 Financial Results

Today, OurPet’s Company announced that its net revenues for the first quarter of 2009 increased 16.7% to $3,390,379 from $2,905,264 for the same period in 2008. Net income for the quarter totaled $78,610, compared to a net loss of $391,472 for the same period in 2008. Earnings, before interest, taxes, depreciation and amortization (EBITDA), were $244,054 in the first quarter of 2009 compared to a negative $220,222 in 2008's first quarter. Dr. Steven Tsengas, President and CEO, commented, "We are extremely pleased about our record sales for the 2009 first quarter, despite the difficult business environment for many of our…

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TuesdayApr 21, 2009 9:31 am

Carbon Sciences Inc. (CABN.OB) Featured in Newsweek Online Exclusive Interview

Carbon Sciences Inc. (OTCBB: CABN), the developer of breakthrough technology designed to transform carbon dioxide (CO2) emissions into gasoline and other fuels, announced this afternoon that the online edition of Newsweek magazine featured an exclusive interview with the Company’s CEO, Derek McLeish and President, Byron Elton. The two executives were intervied by Newsweek's Anita Kirpalani in the Newsweek exclusive titled, "Carbon to Burn: Entrepreneurs are trying to recycle carbon from the air by turning it into gasoline." The article discusses the growing value of carbon as the government and industry begin to invest in technologies to capture carbon from their…

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TuesdayApr 21, 2009 9:14 am

GTX Corp (GTXO.OB) Receives Positive Analysis from Vista Partners

Vista Partners, one of the fastest growing independent equity research firms in the U.S., has been following GTX Corp (GTXO.OB) since mid-2008. Vista’s analysis team consists of seasoned professionals with backgrounds in corporate communications, investment banking, and finance. Vista published a thorough analysis of GTX in November 2008 and has recently published its latest findings in its April newsletter. Amazingly at this time the company has zero debt on its books, which is generally unheard of in a developing company. The company’s management team continues to look at ways to streamline costs and is now focused on significantly reducing its…

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TuesdayApr 21, 2009 6:39 am

Dana Resources (DANR.OB) Acquires Gold-Copper Property in Peru

Dana Resources (OTCBB: DANR) is a US-based precious and base metals exploration company with a portfolio of properties located in the most prolific mining regions of Peru. The Company's properties include gold, silver and other precious and base metals properties. With some of the richest mineral reserves in the world, Peru is one of the largest producers of both precious and base metals in Latin America. It is estimated that Peru holds about 16 percent of the world's known mineral reserves. Peru's mineral riches were once inaccessible, but no longer. Previously inaccessible regions of Peru are now becoming available through…

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TuesdayApr 21, 2009 6:03 am

TurboSonic Technologies, Inc. (TSTA.OB) Announces Receipt of $2.3 Million Order for Clean Air Technology

TurboSonic Technologies, Inc., a leading provider of clean air technologies, announced that it has received a US $2.3 million order from a European refinery. The refinery will utilize TurboSonic's technology to control particulate emissions, facilitating the production of low-sulfur fuels in response to environmental legislation. TurboSonic anticipates that the delivery will be made in its 2010 fiscal year. Edward Spink, TurboSonic CEO, noted, "We have had tremendous success with our international marketing efforts. For the third time this fiscal year, TurboSonic's clean air technology has been selected for emissions control by a European oil refinery. We are very encouraged to…

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TuesdayApr 21, 2009 5:55 am

Propalms, Inc. (PRPM.OB) Enters Distribution Agreement with Round Robin Tech Services (P) Ltd.

Propalms, Inc. was pleased to announce earlier today that it has signed a distribution agreement with Round Robin Tech Services (P) Ltd to promote and distribute the Propalms product line in India. The company believes that Round Robin is a perfect partner to help promote its products to the Indian marketplace. "We are pleased to have this new partnership with Round Robin. We feel that our TSE 6.0 and VPN Software solutions will compliment their current product offerings, and we look forward to working with them to help us gain a stronger foothold in the growing Indian market," commented Owen…

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TuesdayApr 21, 2009 5:52 am

GelTech Solutions, Inc. (GLTC.OB) Reports Record Quarterly Revenues

GelTech Solutions, Inc. announced today that it has generated record quarterly revenues for the third fiscal quarter ended March 31, 2009. According to the press release, the company’s FireIce and RootGel products accounted for $202,549 and $85,699 of the revenue, respectively, representing total quarterly revenues of $288,248. On a sequential quarter-to-quarter, FireIce and RootGel revenues were up 32,051% and 295% respectively. Michael Cordani, CEO of GelTech Solutions, commented, "We are excited to announce our record growth in revenues. The enormous efforts of our GelTech team are beginning to bear fruit. Based on previously announced agreements, in addition to other potential…

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TuesdayApr 21, 2009 4:24 am

Amiworld, Inc. (AMWO.OB) Growing Green

Amiworld, Inc., an international energy company engaged in the production and distribution of alternative and traditional energy products and services, has reported financial results for its fiscal year ended December 31, 2008, which was the company's first full year of operations. The company has a state-of-the-art biodiesel plant and petroleum refinery, and distribution facilities in Colombia, South America. They are branching out with diversified products and services including biodiesel, petroleum diesel, international oil trading and the shipping of oil and fuel products with an initial principal focus on economies in South America. It is worth noting that Amiworld is also…

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MondayApr 20, 2009 12:54 pm

MiMedx Group, Inc. (MDXG.OB) is “One to Watch”

MiMedx Group, Inc. is currently developing biomaterial-based products for use in the musculoskeletal specialties. They believe biomaterials are capable of addressing a broad spectrum of acute and chronic diseases and disorders. The Company is developing a product portfolio consisting of competitive and unique solutions for surgeons and their patients. The Company presently has two subsidiaries with operations in Tampa, Florida and Marietta, Georgia. The MiMedx Group business strategy is to identify, acquire, reduce-to-practice, and commercialize innovative medical products and technologies, as well as novel medical instrumentation and surgical techniques. They are part of the Medical Appliances & Equipment industry in…

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