WednesdayOct 15, 2008 9:51 am

IMAX Corp. (IMAX) Scores Again In Europe

IMAX Corporation (NASDAQ:IMAX, TSX:IMX), the popular giant screen entertainment company based in New York and Toronto, has scored a second big win in Europe, this time with ODEON Cinimas, Europe’s largest exhibitor. IMAX announced today that ODEON has agreed to install two IMAX® theaters in the London area, less than two weeks after announcing a deal with Austria’s largest exhibitor, Cineplexx Kinobetriebe Gmbh, to install three IMAX theatres in Austria. The ODEON deal also represents another major step in IMAX’s global expansion with its new digital projection system. IMAX has already secured contracts for more than 180 of the advanced…

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WednesdayOct 15, 2008 8:10 am

Evergreen Solar Inc. (ELSR) Adds another Stream of Revenue, Signs Quad Furnace Licensing Agreement with EverQ GmbH

Even though the “modern” solar power manufacturing and marketing sector has been around for 30-40 years, it is still considered a new business development area. Today’s technologies, involved in generating power from the sun, bear little resemblance to those of the 1970’s. Today’s solar power systems have taken technology to the next step, offering increased efficiencies and shorter payback time. The companies participating in these leaps forward, however, are still in their business infancy. They have the technology, product base and knowhow but lack that little extra to find the next level. There are several companies that have made the…

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WednesdayOct 15, 2008 8:05 am

Reed’s, Inc. (REED) Introduces New Energy Drink at the Natural Foods Expo East in Boston

Reed’s, Inc. (REED), the maker of top-selling non-alcoholic sodas, announced today that it is expanding its beverage line. The company will launch a revolutionary new energy drink, Reed’s Natural Energy Elixir, today at the Natural Foods Expo East. The expo is being held from October 15-17, 2008 at the Boston Convention and Exhibition Center in Boston, Massachusetts. Reed’s Natural Energy Elixir will be packaged in a 10.5 oz single-use can and initially be marketed to Reed’s existing natural food and supermarket accounts beginning in early 2009. The energy drink is based on Reed’s successful Extra Ginger Brew and incorporates a…

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WednesdayOct 15, 2008 6:50 am

Granite City Food & Brewery Ltd. (GCFB) Provides Family Favorites

Headquartered in St. Louis Park, Minnesota, Granite City Food & Brewery Ltd. is an upscale, modern, and casual restaurant chain. Trading on the NASDAQ Global Market, the Company features affordable, high quality, family favorite menu items. In addition to food, they also have their own on-site brewery in each location. Founded in 1997, Granite City has a current market capitalization of $8.10 million. The Company opened their first restaurant in St. Cloud, Minnesota in 1999. From there, they proceeded to open their next restaurant in Sioux Falls, South Dakota in December of 2000. Next in line was their Fargo, North…

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WednesdayOct 15, 2008 6:12 am

Exousia Advanced Materials, Inc. (EXOU.OB) Begins Shipping Product From Tianjin Facility

Exousia Advanced Materials, Inc. (EXOU) announced they are now shipping industrial coatings produced at the company's PowerShield facility in Tianjin, China. The company shipped its VISTAMER-based under-carriage coating to the Hunan Xiangjiang Group, which supplies the Chinese auto industry. VISTAMER-engineered coating particles are used to enhance the performance characteristics of coatings, urethanes, epoxies and adhesives. The company says when that coating is combined with PowerShield coatings they form new composite materials with "increased strength, better adhesion, and greater anti-corrosion properties, enhancing the overall performance of the coatings." The coating also increases sound dampening and abrasion resistance, said Paul Crozier, vice…

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WednesdayOct 15, 2008 6:10 am

World Series of Golf Inc. (WSGF.OB): A Different Kind of Golf, a Different Breed of Profits?

World Series of Golf (WSGF) conducts golf tournaments for celebrities and popular athletes under a patent-pending scoring formula that is akin to the wildly popular Texas hold 'em poker tournaments seen on television. In addition, the company publishes GolfWorld, a weekly subscriber based publication, and Vegas Golfer magazine, which provides a special annual issue covering the World Series of Golf. The company also sells various World Series of Golf logo and branded merchandise through its online store. World Series of Golf's tournaments feature many of the same principles as televised poker events. Each year, CBS airs a World Series of…

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WednesdayOct 15, 2008 6:09 am

MRV Communications, Inc. (MRVC) Optiswitch Chosen for Use By The Storage Networking Industry Association At Convention

MRV Communications, Inc. (NASDAQ: MRVC) announced that they were chosen to be the official Ethernet interconnect for the “Hands-on Lab” at Storage Networking World. Products from MRVs OptiSwitch line of gigabit and 10-gigabit ethernet switches will connect various lab environments at the convention, held this week at the Gaylord Texan Hotel in Dallas. The Storage Networking World biannual Hands-On Lab features security and "virtualization" environments from 24 technology companies. The lab provides IT end-user attendees the opportunity to test-drive the latest technologies in a classroom setting led by engineers who create the technology, a company news release states. “Storage area…

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TuesdayOct 14, 2008 2:44 pm

Chief Executive Officer of Somaxon Pharmaceuticals, Inc. (SOMX) Discusses Commercialization Strategy for Silenor® to Treat Insomnia

Somaxon Pharmaceuticals, Inc. (NASD: SOMX), a specialty pharmaceutical company focused on the in-licensing and development of proprietary product candidates for the treatment of diseases and disorders in the fields of psychiatry and neurology, recently announced that the company’s president and chief executive officer, Richard Pascoe, presented earlier this week at the Natixis Bleichroeder second annual Hidden Gems Conference in New York, NY. At the conference, Mr. Pascoe stated that Somaxon has completed four successful Phase 3 clinical trials for its lead product candidate, Silenor® (doxepin HCl) for the treatment of insomnia. In each of these clinical trials, Silenor® demonstrated statistically…

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TuesdayOct 14, 2008 11:35 am

Converted Organics Inc. (COIN) Regains Foothold in Volatile Market with Distribution Agreement

When the markets rebounded from last week’s terrifying pounding, fertilizer and agricultural chemical stocks were the first to rebound Monday morning. Converted Organics Inc. (Nasdaq: COIN) was one to benefit from the rally as its shares recovered 53.4 percent, fueled by confidence on Wall Street and the company’s news of an established distribution agreement. The company today announced it has entered into a deal with fertilizer distributor Simplot Partners to inject Converted Organics’ all-natural liquid and granular fertilizers and liquid soil amendment to the professional turf market, focusing on the western United States. “The professional turf market represents an enormous…

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TuesdayOct 14, 2008 11:32 am

China Energy Recovery, Inc. (CGYV.OB) Announces Completion of Heat Recovery System for Zhuji Paper Mill

Heat energy recovery is a “green” technology. Industrial facilities and power plants release significant amounts of excess heat into the atmosphere in the form of hot exhaust gases or high-pressure steam. Energy recovery is the process of recovering vast amounts of that wasted energy and converting it into usable electricity, dramatically lowering energy costs. Energy recovery systems are also capable of capturing the majority of carbon emissions and other harmful pollutants that would otherwise be released into the environment. It is estimated that energy recovery systems installed in U.S. industrial facilities could produce up to 20% of U.S. electricity needs…

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