Blog - Page 3506 of 5764

WednesdayJun 29, 2011 8:31 am

Car Charging Group, Inc. (CCGI) to Celebrate Installation of EV Charging Stations in Union Station Parking Garage

Yesterday, Car Charging Group, Inc. announced that they and the Union Station Parking Garage will conduct an electric vehicle (EV) "plug-in" ceremony on Thursday, June 30, 2011 at 11 a.m. This is to celebrate the installation of EV charging stations in the Union Station Parking Garage. The event will take place on Level 1 of the parking garage. The Union Station Parking Garage is located at 30 Massachusetts Ave. NE, in Washington, D.C. The new charging stations constitute only the fourth public EV charging facility in the D.C. area. Following a car charging demonstration, attendees will have the opportunity to…

TuesdayJun 28, 2011 3:10 pm

AdCare Health Systems, Inc. (ADK) Inks $38.5M Acquisition in-line with M&A Strategy

AdCare Health Systems, Inc., a leading senior living and healthcare facility management provider, today announced it will acquire, lease or become the manager of 15 skilled nursing facilities in South Carolina, North Carolina, Virginia and Tennessee for $38.5 million, representing the company’s largest acquisition thus far. Two of the facilities are to be purchased, nine leased, and four managed by AdCare. With an aggregate of nearly 2,000 beds, the facilities generate an estimated $93 million in gross annualized revenues, which are expected to be immediately accretive to AdCare’s earnings upon completion of the transaction in the fall. Including previously announced…

TuesdayJun 28, 2011 2:17 pm

E-Waste Systems (EWSI) Announces Agreement to Purchase Computer Systems Solutions/CPU

E-Waste Systems, a leading provider of waste electric and electronic equipment processing services, announced that it has entered a definitive agreement to purchase Laptop Service Center, LLC d/b/a Computer Systems Solutions, a limited liability company based in Pennsylvania (“CSS”), and Surf Investments, Ltd. d/b/a CPU, a full life-cycle mobile computing resource. E-Waste Systems has of recent reorganized its operations to launch the process of creating a market-leading, integrated business in the fast paced Waste Electrical and Electronic Equipment (WEEE) industry, which targets businesses that are facing regulatory or other mandates to handle e-waste. EWSI expects to acquire a number of…

TuesdayJun 28, 2011 1:16 pm

Tri-Tech (TRIT) Secures $20M Contract for Expansion of Water Treatment Plant in China

Tri-Tech Holding Ind., a China-based water treatment and odor/pollution control company, today announced it has been awarded the contract for the expansion phase of the water treatment plant for the City of Ordos, valued at approximately $20 million. This phase is a follow up to the initial contract the company received in 2010. Tri-Tech co-president Gavin Cheng noted that adverse winter weather conditions slowed the company’s construction efforts for the initial phase, which are now 70 percent complete. Cheng said the company’s ability to utilize its technology and project managers to combat the conditions earned the company the expansion phase…

TuesdayJun 28, 2011 1:12 pm

Tivus, Inc. (TIVU) Moving from the Lab to the Market

Tivus is a unique and expanding hotel/hospitality industry technology company, providing feature-rich Internet-based television and cable programming, along with advanced hotel goods and services communication, even interactive games. The Tivus offering represents a completely integrated IPTV solution, combining television and the Web through unmatched IPTV/HDTV service, including Video-On-Demand. The system uses onsite hardware and software, together with ultra-modern flat screen televisions, to give guests a hotel entertainment experience like no other. Broadband connectivity to the Internet is through a proprietary Tivus Network Operations Center, which allows Tivus to monitor, protect, and track each customer transaction, maximizing user security while minimizing…

TuesdayJun 28, 2011 12:47 pm

AdCare Health Systems, Inc. (ADK) Secures 15 Expert Nursing Facilities in US Southeast, Projects $268M Annualized Run-Rate, Up 400% from 2010

AdCare Health Systems, one of the leading care providers in the senior living and health care facility management, announced today signature of a definitive $38.5M agreement, whereby ADK will acquire, lease and become manager of a 15 location network of nursing facilities, staffed with highly skilled personnel. Located in Tennessee, Virginia and both Carolinas, this network of facilities represents some 2k beds and brings the total number of contract facilities under the Company’s control to 46. Impressive work by ADK, which began its mergers and acquisitions campaign back in the fall of 2009, subsequently amassing a small empire and culminating…

TuesdayJun 28, 2011 12:44 pm

Sinovac Biotech (SVA) Commences Timely Phase II Clinical Trial for EV71 Vaccine Candidate

Sinovac Biotech Ltd., a leading provider of biopharmaceutical products in China, today announced it has initiated the phase II clinical trial for its proprietary inactivated vaccine against Hand, Foot and Mouth Disease (HFMD), which is caused by EV71. More than 90 percent of the reported cases of HFMD are reported in children age five and under. Though the disease is common and generally mild in severity, the company notes that in severe cases, HFMD is associated with neurological symptoms caused by EV71. In the company’s phase I trial, completed in May 2011, the company’s EV71 vaccine demonstrated good safety and…

TuesdayJun 28, 2011 12:13 pm

Portage Resources Inc. (POTG) Signs Deal to Purchase Peruvian Mining Property

Portage Resources Inc. reported that the company has signed an agreement to acquire a mining property in South America. The company plans to conduct an exploratory drilling program at the site in the near future. Portage Resources is purchasing the Wukakuy property from Airon Peru S.A.C. in exchange for 20 million shares of the company’s common stock. The company signed a letter of intent to purchase the properties on June 18, 2011. The Wukakuy property totals approximately 1,482 acres and is located in the Putina District in the southern portion of Peru. The property comprises two separate mining concessions –…

TuesdayJun 28, 2011 12:01 pm

PolyMet Mining Corp. (PLM) Featured by TinyGems

PolyMet Mining Corp. controls 100% of the NorthMet copper-nickel-precious metals ore body through a long-term lease and owns 100% of the Erie Plant, a large processing facility set only six miles from the ore body, in the established mining district of the Mesabi Range. With the Definitive Feasibility Study complete, the company is currently seeking environmental and operating permits to move forward with production initiatives. The Duluth Complex hosts the NorthMet mineralization. The Complex is a well-known geological formation with large quantities of copper, nickel, cobalt, platinum, palladium and gold, and lies in northeastern Minnesota. The Minnesota Department of Natural…

TuesdayJun 28, 2011 10:10 am

Reflect Scientific, Inc. (RSCF) Announces Selection as Preferred Vendor for Chromatography Products

Located in Orem, Utah, Reflect Scientific has quickly made a name for themselves in the marketplace for the marketing and development of innovative and proprietary technologies in cryogenic cooling for biotechnology, pharmaceutical, medical, and transportation markets. Today, Reflect Scientific announced that they were selected as the preferred vendor for OEM chromatography consumables. Leading the way at Reflect Scientific is Mr. Kim Boyce who serves as the company’s CEO. Mr. Boyce was quoted as saying, "We are very pleased that Reflect has been selected as the preferred vendor for gas chromatography liners. This further strengthens our relationship with our customer which…

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