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WednesdayMar 23, 2011 8:29 am

Heartland Bridge Capital, Inc. (HLBC) Announces Acquisition of Group of Companies

Heartland Bridge Capital, Inc. announced yesterday that they acquired a group of companies comprising iSafe Imaging. The iSafe companies acquired include iSafe Imaging, LP, iSafe Imaging Canada Ltd., and eMEDiSAFE, LP. According to the unaudited financial statements of iSafe, the companies had combined revenue of almost $1.3 million in 2010. This represents an increase of more than one-third over the 2009 revenue of approximately $0.9 million. Major iSafe customers include companies in the oil and gas, telecommunications, engineering, and medical sectors. iSafe Imaging provides digital file conversion services that convert legacy information of various formats into valuable, usable information. Services…

WednesdayMar 23, 2011 8:27 am

BioSolar Inc. (BSRC) To Present BioBacksheet Technology at The 2011 American Chemical Society National Meeting & Exposition

BioSolar Inc., a leader in the research and development of bio-based materials from renewable plant sources for use in photovoltaic solar panels, announced that its BioBacksheet material technology will be presented at the 241st American Chemical Society (ACS) National Meeting & Exposition, which will be held in Anaheim, California during the week of March 27, 2011. The paper, which is titled “Plastic Materials from Bio-based Nylon 11 and Filled Nylon 11”, was co-authored by Dr. David Lee, the President and CEO for Biosolar; Dr. Stanley Levy, the company’s Chief Technology Officer and BioSolar’s Scientific Advisor Dr. Charles Carraher Jr., an…

WednesdayMar 23, 2011 8:24 am

B.O.S. Better Online Solutions (BOSC) Posts 2 Consecutive Increases in Q4, FY Results

B.O.S. Better Online Solutions Ltd., a leading Israeli provider of RFID and supply chain solutions to global enterprises, yesterday reported its financial results for the fourth quarter and for the year ended December 31, 2010. The company reported that its fourth-quarter revenues grew 24 percent to $78 million, up from $6.3 million in the comparable quarter of 2009. Operating income amounted to $264,000, compared to an operating loss of $2 million in the same quarter last year, reflecting the fourth consecutive quarter in 2010 that the company has posted an operating income. EBITDA was reported at $453,000, compared to a…

WednesdayMar 23, 2011 8:13 am

True 2 Beauty Inc. (TRTB) U.S. Distributor to Present Libigrow Brands at 7-Eleven Trade Shows

True 2 Beauty Inc., a leading distributor of male and female sexual potency pills and liquid products in the United States, announced its first exhibition directly to 7-Eleven store owners in Southern California and Washington, representing over 700 stores, in partnership with Kretek International, its exclusive distributor in the United States. "Kretek has been steadily expanding our distribution over the past 60 days; these two shows are representative of their ability to bring exposure for our products to large scale retail chains. Their preexisting and successful ongoing relationship with 7-Eleven offers us the kind of entre we would be unable…

TuesdayMar 22, 2011 2:30 pm

SinoHub, Inc. (SIHI) Reports Closing of Equity Offering

SinoHub, Inc. reported the successful completion of a recent capital market transaction involving an equity offering of common stock. The company received approximately $11 million in gross proceeds in the offering. SinoHub conducted a direct offering of approximately 4.79 million shares of common stock at a price of $2.30 per share. The company negotiated the price directly with a group of institutional investors that indicated an interest in owning part of the company. The institutional investors involved in the offering also received a warrant that entitles the holder to purchase the common stock of SinoHub at a later date. Each…

TuesdayMar 22, 2011 1:56 pm

Service Corporation International (SCI) is “One to Watch”

Service Corporation International is North America’s largest single provider of funeral, cremation and cemetery services. Through more than 20,000 dedicated individuals, the company provides caring assistance to families in need, honor veterans and public servants, helping them celebrate the significance of lives that have been lived, and preserving memories that transcend generations. The company operates a network of more than 1,800 funeral homes and cemeteries in 43 states, eight Canadian provinces, the District of Columbia and Puerto Rico. Leveraging its industry leading position to offer more value to more families than any other company, Service Corporation takes the lead in…

TuesdayMar 22, 2011 1:26 pm

Ecosphere Technologies (ESPH) and Subsidiary Ink Deal with Hydrozonix LLC, Anticipates $44M in Revenues

Ecosphere Technologies Inc., a diversified water engineering and environmental services company, today announced that it and its majority owned subsidiary Ecosphere Energy Services, LLC have signed an exclusive technology licensing agreement with Hydrozonix, LLC, an oil and gas services company with environmentally responsible technologies to help manage their industrial clients' water recycling programs. Per the agreement, Ecosphere will deploy its patented Ecosphere Ozonix technology in the U.S. oil and gas exploration and production industry. For Hydrozonix to maintain its exclusive position in the onshore oil and gas shale plays across the U.S., the agreement calls for Hydrozonix to buy a…

TuesdayMar 22, 2011 1:24 pm

Shiner International (BEST) Achieves Solid Top, Bottom-line Growth for Q4, FY2010

Shiner International Inc., an emerging global supplier of packaging solutions for food, tobacco and consumer products, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2010. Fiscal 2010 revenues increased 68 percent to $58.2 million as compared to $34.5 million reported for 20009. Net income for the year increased to $4.2 million, or $0.17 per diluted share, as compared to a net loss of $(99,801), or $0.00 per diluted share, for 2009. Gross profit for 2010 was $9.8 million, an increase of 113.54 percent from $4.6 million in 2009. 2010 gross margin was 16.9…

TuesdayMar 22, 2011 10:33 am

Over $1 Million in Insurance Claims Processed by Fresh Start Private (CEYY) in February

Fresh Start Private is a leader in the alcohol treatment and rehabilitation industry. An alcohol addiction, alcohol withdrawal, alcohol abuse treatment and alcohol detox rehabilitation organization, the company has successfully treated over 5,000 addiction patients (drugs and alcohol) in the Orange County, California area. The company announced today that it has processed over $1 million in insurance claims at its Orange County clinic for the month of February. Some of the insurance providers Fresh Start Private has been working with include Blue Cross, Cigna, Aetna, United Healthcare, Healthnet, Kaiser, Anthem, TriWest, SSI, MSI and Presbyterian. One of the reasons for…

TuesdayMar 22, 2011 10:31 am

Numerex Corp (NMRX) and Novatel Wireless Subsidiary Enfora Team up to Power Real-time Pallet Tracking Service for iGPS Company

Numerex, www.numerex.com – one of the world’s top machine-to-machine (M2M) solution component providers, in conjunction with leading specialized wireless solutions developer Enfora, Inc., a Novatel Wireless (NVTL) company, announced today a major agreement with iGPS to create a real-time situational awareness solution for its massive fleet of RFID-enabled, 100% recyclable all-plastic rental pallets. A real pioneer, iGPS operates the first and only such all-plastic, RFID-enabled pallet rental service and has shown breakout market momentum since its initial foray back in 2006. Numerex is well known for Numerex DNA™, a powerful fusion of device, network and application spaces into a rock-solid…

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