MondayAug 11, 2008 4:15 am

EXACT Sciences Corporation (EXAS) Announces Published Study Results for the Company’s Colorectal Cancer Detection Technology

EXACT Sciences Corporation (NASDAQ: EXAS), a research and development company focused on developing non-invasive screening technologies for early detection of colorectal cancer, recently announced published results of a comprehensive colorectal cancer detection study in which stool and blood plasma were individually assessed to determine which type of testing was more accurate in detecting the disease. The study results showed 92 percent sensitivity for detecting colorectal cancer in stool samples. Utilizing state-of-the-art BEAMing DNA detection technology from Johns Hopkins University, the study results showed that stool-based DNA testing outperformed blood plasma testing, especially for the detection of early-stage colorectal cancers. According…

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MondayAug 11, 2008 4:14 am

CEO of Crocs, Inc. (CROX) Discusses Second Quarter Results and Growth Initiatives for the Remainder of 2008

Crocs, Inc. (NASDAQ: CROX), a designer, manufacturer and retailer of footwear for men, women and children under the Crocs™ brand, recently announced the company’s second quarter financial results for the period ending June 30, 2008. Total revenues for the second quarter of the year were recorded at $222.8 million, down slightly from $224.3 million for the same period one year earlier. Net income totaled $2.1 million, or $0.03 per diluted share, down sharply from net income of $48.5 million, or $0.58 per diluted share, for the quarter ended June 30, 2007. Ron Snyder, the president and chief executive officer, stated…

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SaturdayAug 09, 2008 5:06 am

Sunovia Energy Technologies, Inc. (SUNV.OB) is One to Watch

Sunovia Energy Technologies, Inc. (OTC BB: SUNV) is a renewable energy company engaged in the creation, development, and acquisition of intellectual properties that enhance their existing solar and solid-state lighting product line. Currently, the company has an existing product line that is both environmentally responsible and fiscally prudent. Over the years, Sunovia has comprised an impressive intellectual property portfolio that includes patents, patents-pending, copyrights, and other forms of security that will enable them to become a leader in the renewable energy industry. Sunovia has exclusive access and equity ownership of EPIR Technologies, Inc.'s infrared (IR) materials and device structure technologies,…

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FridayAug 08, 2008 12:05 pm

Blinkx PLC (LSE AIM: BLNX) Proposes Merger with MIVA Inc. to Leverage Both Companies in the Online Market

Blinkx PLC is the world's largest and most advanced video search engine. The company has more than 26 million hours of online content, including audio, video, viral and TV content. The company today announced it has issued a letter to the board of directors and CEO of MIVA Inc. (NASDAQ: MIVA), in which Blinkx proposes to acquire the digital media company for $1.20 per share, a 54% premium above MIVA’s 78-cent common stock closing August 7, 2008 and a 36%-premium over MIVA’s average closing price for July. MIVA’s divisions make it an appealing acquisition to Blinkx, which, according to the…

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FridayAug 08, 2008 12:00 pm

LML Payment Systems Inc. (NASDAQ: LMLP) Posts 118% Increase in Q1 Revenues

LML Payment Systems Inc. (Nasdaq; LMLP) provides financial payment solutions for e-commerce and traditional businesses. The company today announced reports for the three months ended June 30, 2008. LML posted a 118 percent increase in first-quarter revenues, at $3.2 million, up from $1.5 million for the same period last year, and reported it added 324 new customers for the quarter. In the press release, Patrick H. Gaines, president and CEO of LML attributed the positive results to its Transaction Payment Processing segment, which attributed to $1.9 million in revenue, or 62 percent of overall revenues, while producing gross margins of…

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FridayAug 08, 2008 11:45 am

Wescorp Energy Inc. (WSCE.OB) Field Intelligence Helps Projects Flow Smoothly From All Ends

Wescorp Energy Incorporated is an oil and gas operations solutions company based in Canada that helps oil and gas service companies perform more efficiently. The software and hardware solutions offered by the company allow for effective solutions and monitoring capabilities at worksites and remotely via the Internet. All aspects of the worksite can be monitored from operations, including necessary maintenance and even tracking all shipping and receiving. Proper monitoring of worksite information has been proven by Wescorp to save time and drastically reduce energy costs for oil and gas companies. Increased efficiency with less manpower is one of the primary…

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FridayAug 08, 2008 11:40 am

MedeFile International Inc. (MDFI.OB) Announces Partnership with Direct Technology Innovations

MedeFile International Incorporated, the global leader in electronic medical records management solutions, recently announced a partnership with Direct Technology Innovations, a leading transaction technology company serving the electronic payments industry. The newly formed bond between MedeFile and DTI will allow DTI's national customer base to experience MedeFile's solution for securely, conveniently and cost effectively collecting, archiving and managing a person's actual medical and dental records. This alliance will link DTI’s thousands of customers across the country, ranging from Fortune 500 branded outlets to local neighborhood merchants, with the technologically superior products of MedeFile for medical data storage. New customers will…

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FridayAug 08, 2008 10:22 am

Superlattice Power Inc. (SLAT.OB) Developing a New Series of Metallic Anodes Compatible to Cathodes

Superlattice Power Inc. is an emerging leader engaged in the development and marketing of the next generation of lithium-powered batteries worldwide. The principal objective of the company is to enhance lithium-ion battery performance and efficiency for the next generation of rechargeable power systems to make them both lightweight and efficient. Superlattice Power recently announced that the company has successfully developed an innovative series of metallic anodes for utilization along with their proprietary high-capacity cathode material with super lattice structure already developed. The company is developing cathode and anode materials for different application from high power to high energy. The newly…

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FridayAug 08, 2008 9:05 am

Universal Detection Technology (UNDT.OB) Completes Contract for the 2008 Beijing Olympics

Universal Detection Technology, a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, has received and fulfilled a contract with the Beijing Organizing Committee to provide radiation detection equipment for the 2008 Beijing Olympics. The Beijing Organizing Committee is responsible for all aspects of security for the games. Universal Detection’s bioterrorism detection devices are ideally suited for first responders, border control, Customs inspectors, site security in critical infrastructures, and all missions related to the control of nuclear materials, including the Olympic Park. Universal Detection has supplied equipment that will be used for the search…

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FridayAug 08, 2008 8:54 am

Reed’s, Inc. (NASDAQ: REED) Announces Expanded Partnership with Earth Fare

Reed's, a leading soda maker for the natural foods sector, currently distributes its products for sale in over 10,000 natural foods and mainstream supermarkets. Reed's is renowned for its non-alcoholic ginger brews, created using old-fashioned processes. It was announced today that Reeds' partnership with North Carolina-based Earth Fare would be expanding. Earth Fare will now be offering Reed's full line of natural sodas at all fifteen of its locations throughout the Carolinas, Georgia, and Tennessee. The move translates to a significant increase in product exposure for Reed's. Founder and CEO Christopher Reed comments: "This expanded partnership with Earth Fare reflects…

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