ThursdayFeb 26, 2009 10:44 am

Neohydro Technologies Corp. (NHYT.OB) is “One to Watch”

Neohydro Technologies Corp. is the exclusive licensee for the worldwide industrial applications of the Neohydro™ and Pathocell™ technologies. Neohydro Technologies is positioning to be the leading service company for providing economical end-to-end water supply solutions for industrial clients around the world. The Company is focusing their efforts on water sterilization technology. Neohydro is bringing a noninvasive, cost-efficient solution to industrial wastewater management. Improving the treatment of industrial water allows them to redefine the management, flexibility, efficiency, and cost-effectiveness of industrial water supply. They believe their technology will foster ethical and environmentally sound business practices and help alleviate the growing water…

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ThursdayFeb 26, 2009 9:38 am

Beacon Equity Research Featured Company: iPass Inc. (IPAS)

IPAS is focused on helping enterprises unify the management of remote and mobile connectivity and devices, making mobility simple and affordable. The company offers a single global solution that reduces overall data connectivity expenses, easily integrates with existing systems, and makes more efficient use of valuable IT management resources. IPAS provides mobile employees a simple, secure way to connect around the world, while unifying control over connectivity, devices and costs. Companies get a one-stop shop for the combined management of mobile connections and devices, as well as predictable flat-rate pricing. Users are able to connect in 160 countries using 3G…

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ThursdayFeb 26, 2009 8:01 am

Lake Victoria Mining Company (LVCA.OB) Updates Investors on Drill Progress at Geita Gold Project

Lake Victoria Mining Company was pleased to provide an update concerning its drilling progress at the Geita Gold Project in northern Tanzania, which is located about 80 kilometers west of the city of Mwanza. Exploration Reverse Circulation (RC) drilling commenced in late January and to date three major target locations have been tested, and two drill site locations have been selected for additional follow up infill drill holes. According to the company, at least five major target locations exist on the property, and the drill program is proceeding systematically to test those targets; the fourth target is scheduled for testing…

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ThursdayFeb 26, 2009 7:55 am

Juma Technology Corp. (JUMT.OB) Subsidiary’s Solution Now “Avaya Compliant”

Juma Technology’s subsidiary, Nectar Services Corp, an IP communications services provider, announced that its Enterprise Session Management (nectar/ESM) family of services is now recognized as compliant with key telephony solutions from Avaya, a leading global provider of business communications applications, systems and services. This certification expands the subsidiary’s commitment across the Avaya platform and complements the company's existing certifications. "The Avaya certification establishes a new level of credibility for our solution," commented David Giangano, President of Global Channels. "Our channel of Nectar resellers can now deliver this service into their customer base with the confidence that it has been tested…

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ThursdayFeb 26, 2009 7:48 am

Medical Connections, Inc. (MCTH.OB) Signs Agreement to Acquire Healthcare Staffing Company

Medical Connections Holdings, Inc., a rapidly growing healthcare staffing company specializing in allied health, nurse and physician staffing and recruiting services, has signed a Letter of Intent to acquire Oklahoma On-Call, Inc. The Locum Tenens company provides temporary coverage and permanent placement for physicians, physician assistants, and nurse practitioners throughout Oklahoma and the Midwest. Medical Connections’ President, Anthony Nicolosi, stated, "We are excited to announce our first acquisition for 2009. The Locum Tenens business is one of the fastest growing segments of the healthcare staffing industry. The Midwest region offers us an excellent strategic opportunity to expand our presence in…

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WednesdayFeb 25, 2009 12:09 pm

Radiant Systems, Inc. (RADS) Surprises the Market with Significant 2008 Growth

Radiant Systems, Inc. announced its financial results for the fourth quarter of 2008. Total revenues for the period were $75.3 million, a 7 percent increase over the revenues reported for the same period in 2007. Net income for the fourth quarter was reported at $1.9 million, or $0.06 per diluted share, a decline from 2007’s fourth quarter net income of $4.6 million, or $0.08 per diluted share. The company also announced financial results for the full year of 2008. Total revenues for the period were $301.6 million, a 19 percent increase over the $253.2 million reported for 2007. Net income…

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TuesdayFeb 24, 2009 8:21 am

Winston Pharmaceuticals, Inc.’s (WPHM.OB) Lead Compound Granted Orphan Drug Designation

Winston Pharmaceuticals, Inc. announced that it has been granted orphan drug designation from the U.S. Food and Drug Administration (FDA) for its lead compound, Civamide, a novel TRPV-1 receptor modulator being developed as a dermal patch for the treatment of post-herpetic neuralgia. The company recently released results of a Phase I study demonstrating the patch's ease of use with repeated 24-hour applications. The lack of systemic absorption of Civamide from the patch should permit its use as either a monotherapy or as adjunctive therapy in combination with systemic medications used to treat post-herpetic neuralgia such as Cymbalta(R) (Duloxetine) and Lyrica(R)…

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TuesdayFeb 24, 2009 7:35 am

Axcess International Inc. (AXSI.OB) Awarded $3.5 Million Port Security Infrastructure Project

Axcess International Inc. announced this morning that it has been awarded a competitive procurement worth $3.54 million to provide security infrastructure solutions for the Port at Trinidad’s capital, Port-of-Spain. Once the contract is completed, the comprehensive system will include active RFID, multiple types of sensors and multiple types of scanners to enhance daily security operations. Although the specific security solutions are confidential, some of the augmented elements include wireless vehicle and visitor tracking; sensors for toxic chemicals, gases and radiation; and scanning for metal objects on personnel and in baggage. Axcess provided a similar solution for Barbados Port Inc. to…

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TuesdayFeb 24, 2009 7:16 am

United Energy Corp. (UNRG.OB) Reports 231% Increase in Revenue while Reducing Operating Expenses

United Energy Corporation, a producer of specialty chemicals products used in the oil and gas service industry, today announced that revenues have increased substantially and that the company has simultaneously decreased its operating expenses for the three and nine months ended December 31, 2008. Revenues for the three months and the nine months ended December 31, 2008 were $343,530 and $941,524, respectively, versus revenues of $103,691 and $493,708 for the three and nine months ended December 31, 2007, an increase of 231.3% and 90.7%, respectively. Operating expenses for the three months and nine months ended December 31, 2008 declined $199,724…

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MondayFeb 23, 2009 12:14 pm

NOVA Chemicals Corp. (NCX) to be Acquired for $6.00 a Share

Today, NOVA Chemicals and International Petroleum Investment Company announced that they have signed an acquisition agreement. As terms of the agreement, International Petroleum Investment Company would acquire NOVA Chemicals for a cash consideration of US$6.00 per share. “This acquisition will provide enhanced balance sheet strength for NOVA Chemicals and facilitate NOVA Chemicals’ growth internationally. We can provide stability and allow NOVA Chemicals to meet its operational and financial requirements while continuing to expand and invest in its business,” commented Managing Director and Board Member, IPIC, H.E. Khadem Al Qubaisi. “We believe the cash consideration under the Arrangement is very attractive…

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