June 2009 - Page 16 of 23

TuesdayJun 09, 2009 8:13 am

Energtek, Inc. (EGTK.PK) Continues To Attract Investor Money

Energtek, Inc., a leading developer of Adsorbed Natural Gas (ANG) technology for improved efficiency in the containment and transportation of natural gas (NG), has been able to easily attract investment funding. The company has already received the first $150,000 installment of a $1,500,000 planned investment from EGFE DM Ltd, for which EGFE will receive shares of Energtek common stock. Monthly payments by EGFE are to continue until the full investment is completed. EGFE earlier completed a period of due diligence, evaluating Energtek’s prospects, and came to a positive conclusion. It’s another vote of confidence from the investment community, based upon…

TuesdayJun 09, 2009 8:09 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Looking to Spin New “Super-Fiber”

Kraig Biocraft Laboratories, Inc. is focused on the development of high performance technical fibers and polymers using spiders and silkworms. While the production of a “super fiber” is the company's primary focus at this time, it is also considering the production of other unique proteins using transgenic silkworms. It is thought there is a large viable market for such proteins in the pharmaceutical and biotechnology industries. Kraig Biocraft is involved in research related to utilizing spider genes for insertion into silkworms to create a transgenic variety of silkworms. These silkworms will be capable of spinning a new “super fiber” that…

TuesdayJun 09, 2009 6:07 am

TurboSonic Technologies, Inc. (TSTA.OB) Receives $2 Million New Order from U.S. OSB Producer

TurboSonic Technologies, Inc., a leading designer and supplier of industrial air pollution control technologies, announced that it has received a $2 million new order for a Gas Scrubbing System for a US-based oriented strand board (OSB) producer. The order is expected to be filled in this calendar year. Edward Spink, TurboSonic's CEO commented, "This is the fourth contract from this major OSB producer in the past two years, all of which are for enhancement of their existing operations. Because of our system's superior ability to remove particulate matter from the gas stream, a $1.2 million savings in operating cost was…

TuesdayJun 09, 2009 6:05 am

CSI Technology Outfitters (CSWI.OB) Announced Improved National Ranking in VARBusiness 500

CSI Technology Outfitters, a leading provider of software and technology, announced that it is ranked number 381 in the 2009 VARBusiness 500 national ranking of IT solution providers. The VARBusiness 500 is the definitive listing of the largest IT solution providers, system integrators, IT consultants, and services companies in North America as measured by gross worldwide revenue. "We are pleased to receive this recognition once again in 2009," stated company CEO Nancy Hedrick. "Our entire team deserves credit for this honor. They remain focused on delivering outstanding solutions to the public sector." "CSI continues to develop software solutions for our…

TuesdayJun 09, 2009 6:01 am

Helix Wind, Corp. (HLXW.OB) Partners with CheckPoint Process Pumps & Systems

Helix Wind, Corp. announced today that it has entered a joint development agreement with CheckPoint Process Pumps & Systems to provide renewable energy solutions for the global oil and gas production industry. According to the terms of the agreement, these solutions will be distributed, installed and maintained by CheckPoint, and address the large and growing demand within the oil and gas industry for sustainable, clean energy at remote wellhead locations. The parties anticipate the deployment of a unique, cost-effective solution within the current calendar year. Helix Wind CEO Ian Gardner stated, “This strategic development agreement with CheckPoint illustrates Helix's commitment…

TuesdayJun 09, 2009 5:57 am

Sector 10, Inc. (SECI.OB) Clarifies Issues Regarding Intellectual Property and Relationship with Sector 10 Holdings, Inc.

Sector 10, Inc. today responded to investor questions concerning intellectual property and the company’s relationship with Sector 10 Holdings, Inc. The clarifications are as follows: 1) Sector 10, Inc. is not a marketing company for Sector 10 Holdings, Inc. 2) Sector 10, Inc. owns the intellectual property rights to the products and solutions it is selling as well as the manufacturing rights to those products. 3) Sector 10, Inc. has asserted control over manufacturing and development for Sector 10 products in the U.S. This territory may be expanded under the terms of the current agreement to include international locations. 4) Sector…

TuesdayJun 09, 2009 5:22 am

Axial Vector Energy Corp. (AXVC.PK) Sells First License to Manufacturer Engines in Malaysia with Premier Group of Kuala Lumpur

Axial Vector Energy Corp. announced this morning it has sold its first license to manufacture its multi fuel "work horse engines" in Malaysia. Headquartered in Kuala Lumpur, Malaysia, Premier Group signed the exclusive license agreement, which covers Malaysia, Indonesia and parts of Southeast Asia. Premier Group has agreed to produce a minimum of 5,000 workhorse engines to be configured for palm oil use only. The agreement requires a non-refundable fee of $500,000 dollars as well as a durability pilot site for 5,000 hours using palm oil, which is funded by Premier. The agreement also provides for further milestone payments of…

TuesdayJun 09, 2009 4:48 am

Nutra Pharma Corp. (NPHC.OB) Subsidiary Publishes Positive Results for Pain Medication

Nutra Pharma Corp., a biotechnology company that develops treatments for Adrenomyeloneuropathy (AMN), HIV and Multiple Sclerosis (MS), announced yesterday that its drug discovery subsidiary ReceptoPharm published the positive results of its recent pain study in Toxicon, the official journal of the International Society on Toxinology. The study examined RPI-78, ReceptoPharm’s leading drug candidate for the treatment of pain, revealing that its pain reducing effects lasted four-times as long as morphine, without its associated negative side effects. “The results from this study provide a significant step forward in the development of an effective and non-narcotic treatment for moderate to severe pain,”…

TuesdayJun 09, 2009 4:46 am

Nortel (NRTLQ.OB) Leads Global Carrier Softswitch Market According to Dell’Oro Group and Infonetics Research

Nortel, a recognized leader in delivering communications capabilities, recently announced that Dell’Oro Group and Infonetics Research continue to rank the company as the worldwide leader with the largest revenues in the carrier softswitch market for the first quarter of 2009. Nortel’s next-generation technologies that support multimedia and business-critical applications dominate the North American softswitch market with 59 percent share and in EMEA with 29 percent share. According to Dell’Oro Group, Nortel has ranked #1 worldwide based on softswitch revenue for the past seven years. In fact, Nortel maintained its global leadership position for softswitches with 20.3 percent global market share.…

MondayJun 08, 2009 3:41 pm

June 8th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACCP, CVM, ENZ, ICLK, SVUL Markets extended their gains yet again this week, as the momentum garnered from the strong finish to the prior week, coupled with strength in overseas markets and some surprisingly positive economic data to spur aggressive buying on Monday, led to solid gains in all of the major indices. All told, the Dow finished up 3.1%, gaining 262 points to close at 8763 on the week, nearly regaining its early '09 losses but ending up -0.2% on the year. The Nasdaq once again outperformed, gaining 4.2% on the…

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Month: June 2009