June 2008 - Page 31 of 49

WednesdayJun 11, 2008 4:47 pm

When Technology Addiction Takes Over Your Life

Jenn Hoffman, Phoenix-based CEO of The J Brand Group, should have been enjoying a relaxing vacation on the Cote d'Azur. Sipping champagne and nibbling on cheese at the posh Louis XV restaurant, she was eagerly awaiting her entree, a poached Breton lobster. But then, poised next to the breadbasket, her BlackBerry Pearl came to life, and so did her technology addiction. She lunged for it and swiftly pecked out a response to my request for BlackBerry anecdotes: "I'm so addicted to this device that I stopped mid-bite to rush to send this message. My dining partners are staring at me…

WednesdayJun 11, 2008 4:44 pm

Optical Cable Corporation (OCCF) Reports 270% Increase in Net Income for the Second Quarter

Optical Cable Corporation (OCCF), a manufacturer of fiber optic cables for military and civilian clients worldwide, reported second quarter results today after the close. Revenues increased 21.2% year-over-year to $13.5 million. Net income rose to $878,000, or 15 cents per share, vs. $237,000 for the same period last year, an increase of 270%. "We are pleased with Optical Cable Corporation's financial performance during fiscal 2008 to date,” stated Neil Wilkin, president and CEO of Optical Cable. “Our strategies and investments are positively impacting the Company's results as evidenced by year-over-year increases in net sales, gross profits and net income. We…

WednesdayJun 11, 2008 12:48 pm

mPhase Technologies Inc. (XDSL.OB) Helping to Expedite the Evolution of Batteries

mPhase Technologies Incorporated has made the most significant breakthrough in battery technology in more than 100 years. The company’s new AlwaysReady Smart NanoBattery is helping batteries keep pace with the highly evolved electronics they are used to power. The technology inherent in this new NanoBattery provides the manufacturer the ability to produce it on such a miniaturized level it can be placed on a microchip. The new NanoBattery uses a chemical reaction similar to traditional batteries, but it utilizes a unique mechanism to combine the chemicals and control the characteristics of the reaction. mPhase refers to the controlled reaction as…

WednesdayJun 11, 2008 11:28 am

Mega Media Group Inc. (MMDA.OB) Subsidiary Pulse 87 FM Signs Advertising Agreement With Major World Automotive

Pulse 87 FM, WNYZ-LP recently announced the signing of an annual advertising agreement with Major World Automotive, a New York automotive dealership. The terms of the contract are strictly dependent upon ratings, but present annual value is $192,000. However, with an increase in ratings the potential maximum one year value of the contract could exceed $420,000. The ratings are monitored by the Arbitron PPM ratings system, and tracked on a weekly basis as stated in the agreement. Chris Orsaris, the GM of Major World Automotive, commented on the deal and the company’s standing with Pulse 87 by saying, “Thru the…

WednesdayJun 11, 2008 11:00 am

ideaEDGE Inc. (IDAE.OB) Receives $1.2M Financing to Launch Platform to “Bank” on Social Sites and Gift Cards

ideaEDGE Inc. (OTCBB: IDAE) develops prepaid gift card programs utilizing highly popular social sites such as MySpace and Facebook, which have a combined audience of more than 170 million users. It’s an audience that keeps growing as users from all over the world, from every walk of life, and of every age jump on the social networking bandwagon. ideaEDGE today announced it has secured $1.2 million of new equity funding, which will allow the company to rollout its Social Network Enable (SNE) Group Gift Card platform in late 2008. “Our industry partners are excited about the potential of our SNE…

WednesdayJun 11, 2008 10:58 am

Accentia Biopharmaceuticals Inc. (ABPI) Subsidiary Releases Positive Results for Clinical Trial of Non-Hodgkin’s Lymphoma Treatment

Biovest International Inc. (OTCBB: BVTI), a majority-owned subsidiary of Accentia Biopharmaceuticals Inc. (NASDAQ:ABPI), today announced “highly encouraging” results for its controlled, pivotal phase 3 clinical trial of BiovaxID to treat the occasionally fatal blood cancer, indolent follicular non-Hodgkin’s lymphoma (NHL). "Although these results are blinded, this data shows two distinct populations in the study, with unequivocal evidence of a difference in disease-free survival among the two arms. This is in direct contrast to previous anti-NHL vaccine failures which showed little difference between the treatment arm and the control arm. Based on the similar pattern to our phase 2 data, we…

WednesdayJun 11, 2008 10:56 am

AAR Corp. (AIR) A Leading Supplier of the Aviation Industry

In Wood Dale, Illinois, just a stone's throw from O’Hare International Airport, you will find the headquarters of the AAR Corporation. Self-billed as an aviation supply chain, AAR provides a gamut of services from maintenance and repair to aircraft sales and leasing. The company has more than fifty years of experience assisting both commercial and government clients with achieving goals in an efficient and cost-controlled fashion. AAR's MRO (maintenance, repair, and overhaul) capacity is one of the best in the business. With no job too big or too small, the company can accommodate the need for a single part or…

WednesdayJun 11, 2008 10:54 am

NB Design and Licensing (NBDL.PK) Becomes Organic Alliance, Inc. (ORGC.PK) – Effective Today

Today marked the commencement of trading on Organic Alliance, Inc., formerly known as NB Design and Licensing. With the new name comes a new corporate objective; the filling of a growing void in the organic food supply industry. Led by organic farming veteran Tom Morrison, the company has taken notice of the growing demand for high-quality organic produce from a qualified source. Large conglomerates such as Costco, Safeway, Kraft, and Sara Lee are found struggling for a reliable supply of organic goods to be sold as end-product, as well as ingredients for pre-prepared organic dishes. As a partial owner of…

WednesdayJun 11, 2008 10:48 am

Maverick Energy Group Ltd. (MKGP.PK) is “One to Watch”

Maverick Energy Group is focused on operating and owning interest in several already producing natural gas wells in West Virginia. The company also owns additional natural gas leases in the region and plans to take over four gas wells drilled in 2006, with expected increase in production to follow. In addition, the company is the operator of the "Big Foot Field" in Texas, which was originally developed by Royal Dutch Shell (RDS-A). There are approximately 310 production wells in the field, of which approximately 225 are currently producing revenues. A $40,000,000 Advancing Credit Facility secured with Gasrock Capital, LLC in…

WednesdayJun 11, 2008 9:58 am

CorVel Corp. (CRVL) Reports Growth in EPS

CorVel Corp (CRVL) is an independent provider of medical cost containment and managed care services. The company's services are designed to manage the medical costs of workers' compensation and other health care benefits primarily for coverage under group health and auto insurance policies. CorVel provides networks of preferred providers, claims administration, case management, utilization management, and medical bill review to more than 2,000 clients nationwide. CorVel announced on June 10, 2008 record earnings per share of $0.44 for the 1st quarter of 2008 versus $0.37 in the 1st quarter last year. Revenues in the 1st quarter were $77 million, up…

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Month: June 2008