MondayFeb 23, 2009 10:59 am

PureSpectrum, Inc. (PSPM.PK) is “One to Watch”

PureSpectrum, Inc. is a technology company that developed patent-pending ballast and dimming technology for artificial lighting. Headquartered in Savannah, Georgia, the Company is focusing on encouraging the adoption of energy efficient lighting solutions through superior performance. PureSpectrum's technologies represent a breakthrough in power conversion circuitry. The Company believes their solutions have the potential to speed up the evolution and acceptance of fluorescent lighting. PureSpectrum’s technologies enable enhanced functionality in ballast driven lighting applications, including addressing energy efficiency in linear fluorescents. Their technologies have many capabilities such as dimming, light quality, color quality and ignition, and illumination delays. The company’s patented…

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MondayFeb 23, 2009 8:32 am

Axial Vector Energy Corp. (AXVC.PK) Provides Update on Current Standing

Axial Vector Energy Corp. today updated the investment community with recent developments concerning its business. Two days ago, the company was told its Credit Agreement from its primary lender, Emirates International Capital Advisory, was cancelled. Consequently, current plans and related expenses on listing the equity on a higher market have been temporarily delayed. However, the company has been negotiating with perspective new investors who have already agreed to subscribe to a new private placement, which would allow continuation and completion of bringing the company’s engines and generators to market. A bridge loan of $110,000 has already been received and transferred…

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MondayFeb 23, 2009 8:12 am

Mitek Systems Inc. (MITK.PK) to Showcase Innovative, Wireless Banking Solutions at BAI TransPay in San Diego

Innovative image technology company Mitek Systems Inc. today announced it will exhibit the capabilities of its ImageNet Mobile Deposit in collaboration with the mFoundry mobile banking application on an iPhone at BAI TransPay. The ImageNet Mobile Deposit allows bank customers to deposit checks from their camera-equipped mobile phone, directly into their banking accounts. This offers the ultimate level of convenience for bank customers, as well as easy access to their funds. The mFoundry mobile banking platform allows for quick account information such as transfers, bill payments and branch or ATM locations, all from the customer’s mobile phone. "Offering ImageNet Mobile…

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MondayFeb 23, 2009 8:10 am

White House Holds Summit to Discuss Fiscal Plans

About 130 Congress members, independent experts, and advocacy group members will converge on the White House today to address the fiscal health of the United States. The summit is the first step in President Obama’s administration to prioritize plans on how to cut the deficit in half to $533 billion by the end of his first term. Senator Judd Gregg said, “It can either be a nice press event. Or it can be a substantive event.” Gregg indicated that in past meetings participants have focused on rehashing problems rather than staying focused on how to solve the problems. One solution…

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FridayFeb 20, 2009 12:26 pm

Tombstone Exploration Corp. (TMBXF.OB) is “One to Watch”

Tombstone Exploration Corp. concentrates their efforts mainly on the exploration and development of mineral resources. They have the mineral rights to approximately 11,500 acres of historical mining land in the areas around Tombstone, Arizona. In fact, they are now the largest holder of land in the Tombstone Mining District. Tombstone Exploration Corporation will consider joint venture mining or other initiatives that will eventually expedite mining operation on their Tombstone property. This will be after the completion of necessary feasibility studies. The Company will acquire new properties via expansion and integrate the extraction of precious metals, rare earth, and other minerals.…

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FridayFeb 20, 2009 12:11 pm

Doral Energy Corp. (DEGY.OB) is “One to Watch”

Doral Energy Corp. is an emerging oil and gas exploitation company. Trading on the OTCBB, their strategy is to grow a portfolio of under-developed production and exploitation assets with the potential for infill drilling. Headquartered in Midland, Texas, the Company focuses on identifying acquisitions that generate immediate cash flow from production, but also have proved developed non-producing and proved undeveloped reserves that they can develop for significant growth. The Permian Basin of Texas and New Mexico is where Doral Energy Corp. sees potential for future acquisitions. Their first producing assets are in Eddy County, New Mexico in the northwestern part…

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FridayFeb 20, 2009 9:08 am

Stream Global Services, Inc. (OOO) Appoints Senior Vice President of Business Development for EMEA Region

Stream Global Services, Inc. announced that it has appointed Arno Millenaar as Senior Vice President of Business Development for its EMEA (Europe, Middle East and Africa) region. Millenaar will be responsible for increasing revenue and expanding service solution offerings for clients in the EMEA region through relationship building. In his new position, he will spearhead the company's efforts to identify new and existing business opportunities and provide clients with customized service solutions. Millenaar has nearly three decades of experience in the outsourcing services industry. Previously, he held various senior sales and business development positions with various technology companies including i2…

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FridayFeb 20, 2009 8:52 am

The Mint Leasing, Inc. (MLES.OB) Secures Additional Property, Announces Expansion Plans

Today, The Mint Leasing, Inc. announced that it has secured an adjacent property to expand the company’s headquarters, enabling growth in operations. The company’s customers primarily consist of brand-name automobile dealers that seek to provide leasing options to their customers. "We are very pleased to have secured the property next to us," stated Jerry Parish, President and CEO of The Mint Leasing. "This will allow Mint to expand its current operations and provide us room to add twenty-four employees in the near future, primarily in the account verifications and collections departments.” He added, “Given that we are located so near…

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FridayFeb 20, 2009 8:14 am

Ophthalmic Imaging Systems (OISI.OB) Recognizes Potential Impact of U.S. Government’s Stimulus Package on Electronic Health Records Market

Today, Ophthalmic Imaging Systems (OIS) commented on a portion of the American Recovery and Reinvestment Act of 2009 (popularly known as the stimulus package) that pertains to healthcare IT. It has been estimated that more than $20 billion will be spent on financial incentives for doctors who become meaningful users of a certified EHR solution by 2015. Those who implement a solution and become meaningful users between 2010 and 2012 will be eligible for $44,000 in incentive payments. “We believe the portion of the Stimulus Package that offers incentives to users for utilizing a certified EHR solution has tremendous potential…

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FridayFeb 20, 2009 5:06 am

Axial Vector Energy Corporation (AXVC.PK) Meets Energy Concerns with a Variety of Engine and Generator Solutions

Energy is in the forefront of discussions in the US government and with consumers. Everyone seems to be seeking information on how to conserve energy, find alternative sources of energy, and new methods to store energy. Axial Vector Energy Corporation (AXVC.PK) is a company that owns, develops, and licenses proprietary intellectual property. The company has applied the technology to create smaller and more-lightweight internal combustion engines that produce more horsepower and three-times more torque than traditional engines of the same size. At this time, Axial is developing the client-base for four separate technologies: a multi-fuel engine, a marine/aviation “gas cam”…

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