Blog - Page 3488 of 5763

TuesdayJul 19, 2011 9:02 am

Turbine Truck Engines, Inc. (TTEG) Becomes Exclusive Agent in North America for Hydrogen Energy Production System

On Monday, Turbine Truck Engines, Inc. announced that they have become the Exclusive Agent in North America for the Hydrogen Energy Production System (HEPS). HEPS is an efficient methanol to hydrogen production technology of Hydrogen Union Energy Co., Ltd. Taiwan (HUE). Mr. Michael Rouse, Turbine Truck Engines, Inc. President and Chief Executive Officer, stated, "We are very excited about our rapidly developing relationship with HUE, and I believe that their technology will play an important role in reshaping the way the world produces power." HEPS is a low-pressure production system. It enables users to produce hydrogen on site, therefore eliminating…

TuesdayJul 19, 2011 8:09 am

Scorpex, Inc. (SRPX) Details Current Site Status and Announces Plans for Further Construction

Today before the opening bell, Scorpex, Inc. reported the current status of its 26-acre site located at Fraccion A-2 Del Rancho El Encinito KM 18.7 Carretera A Ensenada - OJOS Delegacion Real Del Castillo, Ensenada, B.C.CP 22800. Located less than two miles from the current landfill near Ensenada, Mexico, the site was chosen after consultation with numerous officials and realtors. On-site improvements recently completed include a 10,000 square foot specifically-designed storage facility with 22 foot ceiling, a "catch" drainage system, and emergency sprinkler system. Property upgrades include a water reservoir, septic system and one mile of 13 foot high security…

MondayJul 18, 2011 4:49 pm

Bacterin International Holdings Inc. (BONE) to Report 7th Straight Quarter of Record Revs

Bacterin International Holdings Inc., a developer, manufacturer and marketer of biologics products for medical applications, is preparing to report its seventh consecutive quarter of record revenue growth. Based on preliminary unaudited information, the company said it expects to report second quarter 2011 revenue of approximately $7.5 million, a 134 percent increase compared to $3.2 million reported in the same year-ago quarter. Bacterin attributes the revenue increase to growth in the number of domestic hospitals and new international accounts using Bacterin products, which stem from the company’s expanding direct and outside sales forces. Guy Cook, Bacterin chairman and CEO, said the…

MondayJul 18, 2011 3:43 pm

BrainStorm Cell Therapeutics Inc. (BCLI) Enters MOU with University of Massachusetts Medical School and Massachusetts General Hospital for ALS Human Trials in US

BrainStorm Cell Therapeutics Inc., a clinical-stage biotechnological company developing noncontroversial, adult stem cell therapeutic products, derived from autologous (self) bone marrow cells, for the treatment of chronic, life-threatening neurodegenerative disorders, has announced that it has signed a Memorandum of Understanding with Massachusetts General Hospital and the University of Massachusetts Medical School in anticipation to apply for FDA approval to commence ALS human clinical trials in the U.S. The parties have agreed to take on initial preparatory steps for the partnership, which includes developing a protocol for the ALS human clinical trials and the selection of the appropriate facilities for production…

MondayJul 18, 2011 3:10 pm

Move, Inc. (MOVE) Completes Strategic Acquisition of SocialBios to Integrate Social Networking and Real Estate

Online real estate company Move, Inc. today announced it has acquired social search platform company SocialBios to support Move’s entrance into social networking and to enhance its current real estate services. SocialBios creates an online hub for individuals and companies to collaborate their online profiles through “About Us” pages, allowing for the discovery of shared connections on various other social networking sites such as Facebook, LinkedIn and Twitter. Move’s plan is to integrate its online real estate network with SocialBios’ platform to develop products that connect people with real estate professionals. "Real estate is inherently a social business. Today's search…

MondayJul 18, 2011 1:03 pm

BizRocket.com, Inc. (BZRT) Offers Pre-Teen Social Networking Site with Parental Access Control

BizRocket.com, Inc. today announced that recognition of its KidzRocket.com subscription-based social networking website for pre-teens continues to grow. Similar to Facebook, but designed specifically for pre-teens, KidzRocket.com is poised to become the leader in children's Internet safety while providing a fun social networking chat, game and online activity site. Parents are involved from the beginning as the pre-teen invites friends to his/her page to correspond with and chat. To avoid predators, cyberbulling, and phishing scams, all invitees, buddies and friends who their children communicate with on KidzRocket.com are pre-approved by the child's parent. When the pre-teen leaves the KidzRocket.com website…

MondayJul 18, 2011 12:40 pm

American Petro-Hunter, Inc. (AAPH) Emboldened by Success at North Oklahoma Project, Announces Aggressive Drilling Schedule

American Petro-Hunter, the domestic-focused petroleum exploration and production firm, with substantial holdings in Kansas at the Poston Project, announced an updated series of plans related to ongoing participation in a field development program of horizontal drilling at the North Oklahoma Project. With the recent commercial success of the NOM-1H horizontal well, the targeted, newly defined Mississippi formation reservoir appears to possess the capacity for at least eleven horizontal wells, according to AAPH and the associated working interest partners. Scheduled drilling is anticipated to kick off in September and calls for an aggressive program of one new horizontal Mississippi well every…

MondayJul 18, 2011 12:36 pm

Kodiak Oil & Gas Corp. (KOG) Issues Operational and Financial Update

Kodiak Oil & Gas Corp. issued a financial and operational update related to the company’s oil and gas activity in the Williston Basin. The company is working on several different formations including the Bakken and Three Fork zones on its leasehold in Montana and North Dakota. Kodiak Oil & Gas is offering twenty million shares of the company’s common stock in a secondary offering. The deal includes provisions for a three million share allotment option for a thirty day period if there is sufficient investor demand. The company will use the proceeds for various purposes including funding capital expenditures and…

MondayJul 18, 2011 12:33 pm

Simulated Environment Concepts (SMEV) Prospects Recognized by Grass Roots Research Report

When Grass Roots Research, an arm of Cohen Independent Research, recently issued their analyst report on SE Concepts, makers of the SpaCapsule automated massage and sensory stimulation system, it did a thorough job of detailing the company’s strengths, but also laid out major differences between the company and a primary competitor. The company’s strengths are centered around the doctor-led management team and scalable business model, as well as SpaCapsule’s multi-market appeal. SpaCapsule offers users a relaxing and de-stressing clothes-on water massage, combined with video, audio, and even aroma stimulation. Its recreational appeal is obvious, but SpaCapsule, designed by doctors, has…

MondayJul 18, 2011 12:28 pm

Applied DNA Sciences (APDN) Closes $5M Private Placement; Allocate Proceeds to Continued Market Growth

Applied DNA Sciences Inc., a provider of DNA-based security solutions, today announced the closing of a $5.0 million institutional round of financing through a private placement sale of its common stock. In recent months, Applied DNA’s business strategy was to enhance its product line and attract new employees, customers and partners, which resulted in growing demand for the company’s solutions and a subsequent increase in revenues. The additional capital will be used to fully utilize the company’s market opportunities and to leverage continued company growth and development. "Raising our first round of institutional capital in this economic environment is a…

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