ThursdayJan 15, 2009 9:37 am

Atmel(R) Corp. (ATML) Receives Product of the Year Award from Electronic Products Magazine

Atmel(R) Corp. announced this morning that its XMEGA(TM) microcontroller was awarded the 2008 Product of the Year by Electronic Products' Magazine. The editors of Electronic Products selected XMEGA(TM) for its unique ability to provide unparalleled high performance while operating at a low power level. This was accomplished by utilizing proprietary event management circuitry that provides the highest speed-power ratio for today's 8/16-bit microcontrollers. Jim Harrison, editor of Electronic Products, stated that the magazine team felt the AVR(R) XMEGA processor was very innovative and, for many applications, brought the performance level of the 8-bit CPU up to an entirely new level.…

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ThursdayJan 15, 2009 9:28 am

Javelin Pharmaceuticals, Inc. (JAV) Inks $71 Million European Commercialization Partnership

Javelin Pharmaceuticals, Inc. announced today that it has signed an exclusive European marketing partnership for Dyloject(R) (diclofenac sodium for injection) with Therabel Pharma N.V. ("Therabel"). The contract could be worth up to $71 million in upfront, sales, and regulatory milestone payments plus a double digit royalty on future sales. "Partnering Dyloject in Europe bolsters our financial resources and extends our cash until 2010 before achieving future milestones and potential additional product partnerships. We are retaining significant upside in Dyloject's future EU growth with a high quality marketing partner while eliminating our European commercialization expenses," stated Martin Driscoll, Javelin's CEO. He…

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ThursdayJan 15, 2009 8:27 am

Enterprise Oilfield Group Inc. (TSX: E) is “One to Watch”

Enterprise Oilfield Group Inc. is a pipeline construction and horizontal directional drilling company with a primary focus on Alberta, Canada’s oilfield and utility infrastructure markets. The company's pipeline construction service targets small diameter pipeline construction projects, primarily on producing oil and gas fields. The utility infrastructure & directional drilling business provides installation of underground power, telecommunications and natural gas lines to the utility infrastructure sector. Since its inception, Enterprise Oilfield Group has maintained its focus to be the largest, most comprehensive pipeline construction and maintenance company in Alberta. The company is now implementing a strategy of acquiring and consolidating small…

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WednesdayJan 14, 2009 1:59 pm

Visualant Inc. (VSUL.OB) is “One to Watch”

Visualant Inc.'s focus is to capitalize on the business opportunities in national security, document forgery/fraud, brand protection, label fraud, and product tampering. They develop low-cost, high speed, light-based security and quality control solutions. Visualant Inc. has their corporate headquarters in Seattle, Washington. Founded in 1998, they are part of the Business Services industry. The Company's patent-pending technology uses controlled illumination with specific bands of light. It measures and records what is viewable, and manages data gathered. This enables devices to establish a unique spectral signature for both individual and classes of items. When matched against existing databases, the spectral signatures…

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WednesdayJan 14, 2009 1:53 pm

China Energy Recovery Inc. (CGYV.OB) is “One to Watch”

China Energy Recovery Inc. is an international leader in energy recovery systems, with a primary focus on the Chinese market. Headquartered in Shanghai, the Company designs, fabricates, implements, and services energy recovery systems. Their technology captures industrial waste energy to produce low cost electrical power. Their system can capture and reuse over 90 percent of the energy that would otherwise be lost. This allows manufacturers to reduce their energy costs, lessen their emissions footprint, and generate sellable emissions credits. China Energy Recovery Inc. focuses their efforts on the petrochemical, paper manufacturing, coke processing, steel, cement, and refining/power generation industries. Their…

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WednesdayJan 14, 2009 1:43 pm

Oil Prices Fall as U.S. Inventories Bulge

Oil prices fell today after the government released a report showing that crude inventories have continued to grow, indicating that the demand for oil and gasoline will not rebound anytime soon. Light, sweet crude for February delivery fell 50 cents to settle at $37.28 a barrel on the New York Mercantile Exchange. The Energy Department's Energy Information Administration reported that crude inventories grew by 1.2 million barrels for the week ended Friday. That was below the expectation of 3 million barrels, according to the average of estimates in a survey of analysts by Platts, the energy information arm of McGraw-Hill…

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WednesdayJan 14, 2009 9:17 am

Cell Therapeutics, Inc. (CTIC) Sets Major Goals for 2009; Reviews 2008 Accomplishments

Cell Therapeutics, Inc. recently reviewed its 2008 accomplishments and 2009 targeted milestones in meetings held with the JP Morgan Healthcare Conference in San Francisco. Today the company shared the details of those meetings with the investment community. "With a focus on cutting-edge oncology drug products, CTI aims to complete its transition from a research-based organization to a leading commercial oncology company," stated James A. Bianco, M.D., CEO of Cell Therapeutics. "In 2008 we set the stage for becoming a multi-product commercial oncology operating company, with Zevalin currently under priority review by the FDA in the U.S. for label expansion, OPAXIO(TM) under…

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WednesdayJan 14, 2009 9:00 am

Aurizon Mines Ltd. (AZK) Announces 2008 Gold Production and Expectations for New Year

Today, Aurizon announced that its 100% owned Casa Berardi mine for the year ended December 31, 2008 produced 158,830 ounces of gold from the processing of 654,397 tonnes at an average grade of 8.2 grams of gold per tonne. These results were in line with the most recent guidance of 155,000 to 160,000 ounces. According to the press release, ore processed in the fourth quarter totaled 169,291 tonnes at an average grade of 7.7 grams of gold per tonne. The average daily mine production for the quarter was 1,840 tonnes per day, up 4.9% from the previous quarter's rate of…

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WednesdayJan 14, 2009 6:50 am

Wilcon Builders’ Supply Signs Software Deal With Lawson Software, Inc. (LWSN)

Today, Lawson Software announced that Wilcon Builders' Supply has agreed to implement the Lawson M3 Enterprise Management System to help support its business and distribution operations. Lawson’s Management System provides a number of integrated business application suites that cover core and supporting business processes, including financial management, customer relationship management, supply chain planning, supply chain execution, business intelligence, and mobility. David Hope, vice president and managing director for Lawson Asia, stated, "This new relationship with Wilcon is more evidence that we are becoming the obvious choice for retail/wholesale and distribution companies by delivering industry-specific functionality that helps deliver greater value…

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WednesdayJan 14, 2009 6:28 am

Total (TOT) Claims 50% Stake in IDT Corp.’s (IDT) AMSO

Today, 10 minutes before the opening bell, it was announced that Total (NYSE: TOT), the fifth largest international integrated oil and gas company, will purchase a 50% stake in IDT's American Shale Oil, LLC (AMSO) subsidiary. AMSO is one of three holders of 10-year leases granted by the U.S. Bureau of Land Management to assess, test and demonstrate the potential for commercial shale oil production in western Colorado. After AMSO has proven that its technology is economically viable and environmentally acceptable, it will be given the opportunity to expand its lease to 5,120 acres for commercial development. The rights covered…

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