January 2009 - Page 17 of 19

TuesdayJan 06, 2009 9:04 am

Endologix, Inc. (ELGX) Anticipates Reporting Significant Revenue Growth for 2008; Issues 2009 Guidance

Endologix, Inc. announced that it is expecting the revenue generated during last year to total approximately $37.6 million, a 35% increase from 2007 revenue of $27.8 million. The company anticipates reporting Q4 2008 revenue of approximately $10.7 million, up 35% from total product revenue of $7.9 million reported for Q4 2007. "We attribute our strong 2008 sales growth and ability to exceed our revenue guidance to the increasing success of our sales force initiatives, the introduction of new products and increased physician adoption of our Powerlink System," said John McDermott, Endologix president and chief executive officer. "Our recently launched suprarenal…

TuesdayJan 06, 2009 8:28 am

Vicor Technologies, Inc. (VCRT.OB) Receives 510(k) Approval to Market Its PD2i Analyzer

Vicor Technologies, Inc. announced today the receipt of FDA 510(k) approval (K082709) to market its PD2i Analyzer. The PD2i Analyzer utilizes Vicor's patented, proprietary point correlation dimension algorithm (PD2i), a deterministic, non-linear measure that assesses ECG data, to provide physicians with insight into heart rate complexity over time. David H. Fater, President and CEO of Vicor, stated, "FDA 510(k) approval to commercialize the PD2i Analyzer is a milestone for Vicor. The intended use of the Vicor PD2i Analyzer is to display and analyze electrocardiographic information and to measure heart rate complexity. The clinical significance of heart rate variability, and other…

TuesdayJan 06, 2009 8:04 am

Hunt Gold Corp. (HGLC.PK) Updates Stockholders on Drilling and Assay Results

Today a few minutes before the opening bell, Hunt Gold Corp. updated the investment community regarding the progress of the ongoing drilling at its Mockingbird Gold project in Arizona. According to the press release, a significant amount of core from the first 6 drill holes at the Great West and the Pocahontas Gold Mines has been split. The core has been shipped to an independent assay laboratory located in Tucson, Arizona. Jacobs Assay, the independent assay laboratory, has designated the Company's core samples as a priority project and anticipates the first assay results before the end of this month. Drilling…

TuesdayJan 06, 2009 7:40 am

Axial Vector Energy Corporation (AXVC.PK) is Focused on Making a Difference in the Combustion Engine Market

Axial Vector™ Energy Corporation owns, develops and licenses internal combustion engine technologies. The company is applying these technologies to develop a new, smaller and lighter internal combustion engine that produces substantially more horsepower and three times more torque on less fuel than conventional engines of similar size. Although the internal combustion engine as we know it today may never meet the strong demand for cleaner and far greater fuel-efficiency, the Axial Vector engine is designed to easily meet these challenges. The Axial Vector™ engine will target a number of specific military and industrial applications. The company is also developing a…

TuesdayJan 06, 2009 6:27 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB): Why is Spider Silk Exciting Technology?

Kraig Biocraft Laboratories is a biotechnology company primarily focused on pursuing a unique protein expression system with the objective of producing the next generation of technical fibers. The company is utilizing state of the art genetic techniques in order to develop a transgenic silkworm capable of producing commercially viable amounts of spider silk. Spider silk is known as one of the strongest fibers found in nature. The fiber is extremely elastic and resilient and has several properties that are unmatched by even the most exotic of man-made fibers. Spider silk has an unparalleled ability to absorb energy and dissipate it…

TuesdayJan 06, 2009 5:26 am

Nexia Holdings, Inc. (NXHD.OB) Reports Financial Results of Salon Operations

Yesterday after the closing bell, Nexia Holdings announced its unaudited salon gross revenues for the year 2008 which totaled $2,113,943. Landis Salons, Inc., held by Green Endeavors Ltd. (GRNE.PK), a majority owned subsidiary of Nexia, saw revenues grow 4.2% compared to 2007 revenues of $2,025,281. The Salt Lake City Landis salon recognized revenues of $1,829,381 (unaudited) in 2008, a 2.7% decrease from 2007 revenues of $1,879,798. The Bountiful Landis Salon's revenues for 2008 were $284,562 (unaudited), an astonishing increase of 48.9% from 2007 revenues of $145,483; this salon was acquired by Nexia during August of 2007. Richard Surber, President and…

TuesdayJan 06, 2009 5:16 am

QuoteMedia, Inc. (QMCI.OB) Stands out from the Crowd

QuoteMedia Inc. has been makings major strides in the ever-changing marketplace. With a strong management team and an aggressive business style, QuoteMedia has developed a concept of doing business that is quickly gaining national attention. With the economy being is such a tailspin; savvy investors want to have up to the second news so they know where their hard-earned money should be placed. QuoteMedia's array of services benefit clients with an exceptional number of strong technical differentiators in embedded, fully private-labeled and seamlessly integrated environments. Through the aggregation of financial data, news, and research sources, QuoteMedia has become a comprehensive…

MondayJan 05, 2009 12:18 pm

President-elect Obama Pushes Economic Plan

Today, President-elect Barack Obama began a campaign to win Capitol Hill’s approval for $300 billion in tax cuts and another $500 billion, or more, in spending. Until today, it has been up to press conferences and radio addresses by Obama and congressional Democratic leaders to make the sales pitch, but now the President-elect is fully engaging in the pitch, with a plan to do a series of high-profile events later this month to sell the public on the plan. Obama adviser David Axelrod and other aides have stated in the past that the money would be spent on infrastructure, energy…

MondayJan 05, 2009 12:06 pm

Haven’t Tried Investing on Your Own Yet? Get Started at QualityStocks!

Investing is much easier than what it used to be. Now you can sign up for your own online trading account and be approved in just a few days. From there all you have to do is enter the symbol of the stock you wish to purchase as well as how many shares you want. With so much competition in the online brokerage market today, many are offering low commission rates as well as free independent research tools to make better trading decisions. Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed…

MondayJan 05, 2009 8:51 am

iCAD, Inc. (ICAD) Offers Tremendous Value to Investors

iCAD, Inc. is an industry-leading provider of Computer-Aided Detection (CAD) solutions designed to enable healthcare professionals to better serve patients by identifying pathologies and pinpointing cancer earlier. The company provides a comprehensive array of high-performance, upgradeable CAD systems for the high, mid and low volume mammography markets. iCAD is currently trusted by more than a thousand women's healthcare centers worldwide. The company has been responsible for a number of mammography CAD innovations, including: • the first system to offer a clear film-to-digital upgrade path • the first system to support up to twelve films in a patient study • the…

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Month: January 2009