March 2008 - Page 5 of 68

FridayMar 28, 2008 3:13 pm

QuoteMedia Inc.'s (QMCI.OB) Latest Financial Tool Offers the Most in Portfolio Management

QuoteMedia Inc. (OTCBB: QMCI) develops and distributes financial market data and related services via the Internet, including streaming market data feeds, research and analysis, portfolio management, content applications, news services and more. The company’s latest streaming real-time portfolio management tool, Quotestream II, is an application targeted at non-professionals wishing to get a heads up in the market. The system’s java application was designed for banks, brokerage firms, and online portals wanting to offer their customers market data and full-featured portfolio management, including tick-by-tick market data with an extensive customizable interface. Quotestream II requires no software installation, and allows for complete…

FridayMar 28, 2008 2:07 pm

Hirsch International Corp. (HRSH) Reports $2.7 Million Increase in Q4 Revenues

Hirsch International Corp. (Nasdaq: HRSH) today reported its financial results for the fourth quarter and 12 months ended Dec. 31, 2007. The North American provider of embroidery, screen printing and textile-laser systems reported net income for 2007 at $2.1 million, or 22 cents per diluted share, up from $1.3 million, or 14 cents per share, from the year prior. Last year the company changed its fiscal year end from Jan. 28, 2006, to Dec. 31, 2006, which is reflected in the company’s reporting of financial results for the 12 months ended Dec. 31, 2007. Therefore, the 12 months ended Dec.…

FridayMar 28, 2008 1:13 pm

Odyne Corporation (ODYC.OB) Completes Private Placement of Unregistered Shares

Odyne Corp., a clean technology company that develops and manufactures propulsion systems for advanced Plug-in Hybrid Electric Vehicles (PHEV), announced that it has wrapped up a $7 million private placement to fund working capital requirements. The Quercus Trust, a lead investor in the private placement, partook in Odyne’s October 2007 convertible debenture financing. Odyne will utilize the net earnings of the financing for its working capital and capital expenditure requirements. Alan Tannenbaum, CEO of Odyne Corporation said, “This financing significantly enhances our working capital position and represents a major step forward in the execution of our business plan. We have…

FridayMar 28, 2008 1:08 pm

iCAD, Inc (ICAD) Granted New CAD Patent

iCAD, Inc., an industry-leading provider of Computer-Aided Detection (CAD) solutions that enable healthcare professionals to better serve patients, announced that it was awarded a New CAD Patent by the U.S. Patent and Trademark Office. The Company’s CAD systems can improve cancer detection by applying technology that integrates information from multiple mammography images and information from prior exams. Ken Ferry, President and Chief Executive Officer of iCAD, said, “We are continuously working to enhance our CAD offerings, including the development of technologies that will further improve CAD performance for radiologist. It is a strategic priority to expand our portfolio of patents…

FridayMar 28, 2008 1:03 pm

Thorium Power (THPW.OB) Provides Twelve Month Update and Year-End 2007 Financial Results

Thorium Power Ltd., a pioneering U.S. nuclear energy company, provided a business update and year-end financial results for the period ending December 31, 2007. The company is focused on developing non-proliferative nuclear fuel technology and provides inclusive advisory services for developmental-stage nuclear energy programs. “We are quite pleased with the tremendous strides we have made in building awareness for our patented non-proliferative, low waste nuclear fuel designs,” said Seth Grae, CEO of Thorium Power. “In December 2007, Thorium Power reached a major milestone as we entered into our first strategic advisory contract with a foreign government-owned entity generating professional fees…

FridayMar 28, 2008 12:33 pm

Management for Universal Detection Technology (UDTT.OB) Covers Broad Spectrum of Experience and Knowledge

Universal Detection Technology (OTCBB: UDTT) is engaged in the development of technologies which can be used to defend against bioterrorism by U.S. and regional homeland security forces. The company has established a partnership with NASA’s Jet Propulsion Laboratory and is backed by a management team with the technical expertise and business acumen needed for success. Jacques Tizabi, CEO and chairman of Universal Detection, actively serves as a public speaker and board member to private and public companies in an array of sectors including medical devices, information technology, diversified entertainment and international business development. Tizabi has taken part in several local,…

FridayMar 28, 2008 12:18 pm

Third Wave Technologies Inc. (TWTI) Enters Strategic Partnership with DCL Medical Laboratories; Receives Clearance from FDA for Cystic Fibrosis Screening Test

Third Wave Technologies Inc. (TWTI), headquartered in Madison, Wisconsin, develops and markets molecular diagnostic reagents for a variety of DNA and RNA analysis applications to meet the needs of customers. The company offers a number of products based on its Invader® chemistry for clinical testing. Third Wave offers in-vitro diagnostic kits, and analyte-specific, general purpose, and research-use only reagents for nucleic acid analysis. The company received clearance from the US Food and Drug Administration for its InPlex™ CF Molecular Test. The test simultaneously detects and identifies cystic fibrosis mutations in patient DNA samples. Cystic fibrosis is a fatal disease that…

FridayMar 28, 2008 12:12 pm

Alpine TLI Group (APGR.PK) Rated “Speculative Buy” by Beacon Equity Research

A Beacon Equity Research report released late yesterday reveals that Alpine TLI Group has been given a “Speculative Buy” rating from Research Analyst Lisa Springer, CFA. The report also established a target price of $0.32 per share, nearly six times the current trading price of $0.0525. The report includes a company overview, investment highlights, business strategies, opportunities, financial analysis and risk factors, and is available free of charge by visiting the research bureau’s website. The analyst from Beacon Equity, wrote: “Alpine TLI Group, Inc. is a full service tax lien and tax deed purchase, research, and property management business. The…

FridayMar 28, 2008 12:06 pm

ZAP (ZAAP.OB) Springs Into Action with New Electric Scooter

Last Week was the official start of Spring. Unfortunately, the warm weather may bring record gas prices, which will put a dent in our enjoyment of, and participation in, spring-like outdoor activities. We may have an option, though. ZAP, the electric vehicle pioneer, is reminding people that they can save a lot of money by leaving the car at home and using an electric scooter. In the past, electric vehicles were considered slow. That might no longer be the case, particularly with ZAP electric scooters. According to the company, these electric scooters have a new, secret weapon - a powerful…

FridayMar 28, 2008 7:09 am

EP Global Communications, Inc. (EPGL.OB) Welcomes Two New Editors

EP Global Communications, Inc. (OTCBB: EPGL), the parent company of Exceptional Parent (EP) Magazine, announced this morning that Nancy Henderson and Amy Alexander have joined the EP Editorial Department as contributing editors. Award-winning Nancy Henderson, a writer whose work has appeared in the Smithsonian, New York Times, Parade, US Airways and numerous other publications, is the author of the book “How One Company's Disabled Workforce Became the Key to Extraordinary Success". She is also a member of the American Society of Journalists and Authors and The Authors Guild. Amy Alexander will be joining EP as an author for a quarterly…

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Month: March 2008