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ThursdayJun 07, 2012 3:45 pm

Marley Coffee (JAMN) Inks Distribution Agreement with Com.Dicalla to Enter Latin America Coffee Market

Marley Coffee today announced it has entered into a distribution agreement with Com.Dicalla S.A., (Dicalla), which, for the first time, extends Marley Coffee’s market reach into South America. Dicalla will leverage its existing network and market presence in Chile, where it leads in the import, distribution and marketing of products for the vending industry, retail and foodservice business channels. Per its agreement with Marley Coffee, Dicalla will assume retail distribution, and is expected to introduce Marley Coffee to at least 60 grocery and specialty retail stores throughout Chile. The initial distribution order consists of six varieties of Marley Coffee Organic…

ThursdayJun 07, 2012 3:29 pm

SEC Approves 2 Proposals to Curb Extraordinary Price Volatility

The United States Securities and Exchange Commission (SEC) recently approved two proposals submitted by the national securities exchanges and the Financial Industry Regulatory Authority (FINRA) that are designed to address extraordinary volatility in individual securities and the broader U.S. stock market. The first proposal creates a “limit up-limit down” device to prevent certain individual stocks from trading outside an established price band. The second proposal updates existing market-wide circuit breakers that, when triggered, halt trading in all exchange-listed securities throughout the U.S. markets. Behind these changes are the events of May 6, 2010. On May 6, 2010, there was a…

ThursdayJun 07, 2012 9:07 am

SilverSun Technologies, Inc. (SSNT) Finalizes Acquisition of Micro-Point Assets

Today before the opening bell, SilverSun Technologies announced that its wholly owned subsidiary, SWK Technologies, the premier total solutions provider specializing in business software solutions, has acquired select assets of Micro-Point, Inc., a Westchester, New York-based managed service provider and reseller of Sage Software products. In addition to being a Sage reseller, Micro-Point provides hosting and computer services that are similar to and complementary to those currently being offered by the network services division of SilverSun. The deal is anticipated to add more than $600,000 in annualized revenue and be immediately accretive to the company's earnings. The terms of the…

ThursdayJun 07, 2012 8:32 am

Cambrium Learning Group, Inc. (ABCD) Partners with the Vallas Group for Education Reform

Yesterday, Cambium Learning Group announced that it has formed an exclusive partnership with the Vallas Group, Inc. to bring education reform leader Paul Vallas' unique school improvement model to underachieving schools across the nation. Currently, Vallas is the interim superintendent of the Bridgeport Public Schools in Connecticut and is the former superintendent of the Chicago Public Schools, the School District of Philadelphia and the New Orleans Recovery School District. "The Vallas Group selected Cambium Learning Group for this groundbreaking partnership because we identify with its mission to enable educators to unlock every child's potential through learning, no matter where their…

ThursdayJun 07, 2012 8:15 am

GlobalWise Investments, Inc. (GWIV) Reports Successful Partner Advisory Board Event

GlobalWise Investments and its wholly owned subsidiary Intellinetics, Inc., a leading-edge technology company focused on the design, implementation and management of public/private cloud-based Enterprise Content Management (“ECM”) systems for public and private sectors, today announced the results of last week’s inaugural Partner Advisory Board meeting, which took place from May 29 – May 31. Attended by Lexmark, FormFast, ImageSoft, Primary Solutions, MWA Intelligence (MWAi), and many others, including a few new partner prospects, the event was held at Intellinetics headquarters in Columbus, OH. The meeting was hosted by GlobalWise CEO William J. “BJ” Santiago with the purpose of bringing the…

WednesdayJun 06, 2012 4:43 pm

Cambridge Heart, Inc. (CAMH) Trial Results Reinforce Value of MTWA Test to Predict Potentially Fatal Cardiac Events

Cambridge Heart, developer of non-invasive diagnostic tests for cardiac disease, today announced that the results of a 155-patient trial test of the Microvolt T-Wave Alternans™ (MTWA) confirm the technology as a valuable predictor of life-threatening heart rhythms and Sudden Cardiac Death (SCD). MTWA measures the risk of sudden cardiac arrest (SCA), which is determined during a non-invasive treadmill test using Cambridge Heart’s proprietary technologies. The company notes that MTWA test is the only one of its kind that is reimbursed by Medicare under a National Coverage Policy. The study involved 155 patients who first underwent MTWA testing using Cambridge Heart’s…

WednesdayJun 06, 2012 3:35 pm

Cleantech Transit, Inc. (CLNO) Provides Update on Plans to Increase Competitive Edge in Growing Biomass Market

Cleantech Transit, a company engaged in advances in technology and manufacturing processes in the alternative clean energy sector, today announced that it plans to build and operate additional power plants as part of its business development strategy. These plans include the company’s continued development of its relationship with its current partner, as well pursuing new partnerships in the biomass area, which is forecast to grow to $53 billion by 2020 compared to $45 billion in 2010. Biomass power generation consumes more than 100 million tons/yr. of fuel, virtually all of which is waste or residue material that requires some form…

WednesdayJun 06, 2012 1:41 pm

Baby All Corp. (BABA) Changes Name to Santa Fe Petroleum, Shifts to Focus on Hydrocarbon Development/Production

Baby All, previously known for advancing key IP/technology for a novel infant medicine dispenser, announced today that, pursuant to the May 11 reverse merger (and effective as of May 21), the company has effectively changed names to Santa Fe Petroleum, Inc. This marks a new beginning for the company as a strategic focus on hydrocarbon development becomes the central and sole priority for BABA’s operating model. The primary target for operations are undeveloped oil and gas that may be in a trend of known, producing formations, something which yields opportunities for untapped, virgin reservoir pressures and the associated commercial potential…

WednesdayJun 06, 2012 12:52 pm

Innovaro, Inc. (INV) May Sell Some of Its Divisions

Innovaro is a business focused on helping its clients to innovate and grow. In other words, an innovation solutions firm. The company offers a comprehensive set of consulting services and software to assure the success of any innovation project, regardless of the size or intent. The company announced today that it has entered into a non-binding letter of intent for the sale of its PharmaLicensing/Transfer, Global Licensing and Knowledge Express operating divisions to IPFlow International LLC. IPFlow says it will focus on expanding the divisions and extending the business model for licensing partnerships and new market opportunities. The price IPFlow…

WednesdayJun 06, 2012 11:22 am

Quasar Aerospace Industries, Inc. (QASP) Positions Itself for Anticipated Explosion in Pilot Demand

The rapid increase in global industrialization and associated travel is expected to generate a need for hundreds of thousands of pilots around the world, largely for China and Asia-Pacific nations, putting a strain on the limited supply of qualified training operations. The U.S. has become a center for advanced flight and technical training, and Quasar is positioning itself to become a training leader through an aggressive marketing and acquisition program, with the possibility of providing additional services. Below are some of the specific steps to this end that Quasar has been taking or is planning, and their expected benefits: Acquisition…

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