October 2009 - Page 22 of 34

TuesdayOct 13, 2009 11:38 am

Fonix Corp. (FNXC.OB) Reports Nearly 10 Million Cell Phones and e-Dictionaries Sold With its Technology

Fonix Corp., through its Fonix Speech Inc. wholly-owned subsidiary, is an innovative speech recognition and text-to-speech technology company providing voice solutions for mobile/wireless devices, interactive video games, computer telephony systems, toys and appliances, as well as automotive telematics. The company announced today that nearly ten million electronic dictionaries and cell phones equipped with Fonix technology have been sold internationally through Asia's largest OEMs (original equipment manufacturers) into China, Taiwan, Korea and Japan. The e-dictionaries – handheld electronic dictionaries that enable users to speak a word in their native language and have the text read back to them in English –…

TuesdayOct 13, 2009 10:55 am

KL Energy Corp. (KLEG.OB) Enters into an Agreement with Fair Energy

KL Energy Corp., a leader in the development and commercialization of second-generation cellulose-based energy products, recently announced that the company has entered into a long-term off-take agreement with Fair Energy, a global player in the oil and biofuel markets. Under the terms of the agreement, Fair Energy with KL Energy Corp. has entered into an agreement with KL Energy’s second-generation cellulosic ethanol in both the United States and Europe. Unlike first generation ethanol, commonly derived from food products, such as corn, in North America, KL Energy has created a cellulosic ethanol that utilizes non-feedstock byproducts. “As the industry continues moving…

TuesdayOct 13, 2009 10:53 am

China Energy Recovery (CGYV.OB) Completes Major Contract for Hubei Yangfeng

Headquartered in Shanghai, China Energy is an international leader in designing, fabricating, implementing and servicing energy recovery systems. With state-of-the-art technology which captures industrial waste energy to produce low cost electrical power, the company enables industrial manufacturers to reduce their energy costs, shrink their emissions footprint, and generate sellable emissions credits. With a growing reputation, China Energy caught the attention of investors globally with the announcement that it has completed a major contract for the Hubei Yangfeng Group which has a total value of $1.42 million. This completed project will not only represent growth in the economy but will also…

TuesdayOct 13, 2009 10:47 am

Capital Gold Corp. (CGLD.OB) Boosts Reserve Estimates

Capital Gold Corp. increased its estimates of gold reserves by 67% over the previous level. The company estimates that the El Chanate open pit mine contains 1.5 million ounces of proven and probable reserves of gold, up from the 913,000 ounces at the previous update. The mine is located in Sonora, Mexico, and is 100% owned by the Capital Gold Corporation. The mine began operations in August 2007, and has produced 100,000 ounces of gold since that time. John Brownlie, the President of the Capital Gold Corporation said, “This reserve increase is encouraging and improves the platform for Capital Gold…

TuesdayOct 13, 2009 10:44 am

SAFC Pharma Completes $12M Expansion to Manufacturing Facility

SAFC Pharma, a business segment of SAFC®, a member of the Sigma-Aldrich® Group (NASDAQ: SIAL), announced the completion of a $12M expansion to its Carlsbad, Calif. manufacturing facility, which will scale-up its commercial output capacity for viral vaccines, biologics and sophisticated gene therapy solutions. The new facility expansion includes two stand-alone suites utilizing the latest in disposable bioreactors, streamlining production workflows and reducing the overall drug development window for its clients. This facility will specialize in developing and manufacturing viral therapeutics and vaccines. Designed specifically for multi-lot campaigns and offering cleanroom, bioreactor production, purification and dedicated cell expansion, this 18%…

TuesdayOct 13, 2009 9:15 am

eDoorways Corp. (EDWY.PK) Announces Release of “The ‘SOLVE’ Doorway” Video

eDoorways Corporation annonced today that it has released the second in a series of video vignettes aimed at introducing eDoorways' platform, educating its target audience on the functionality and uses of its doorways, as well as communicating the company's progress to shareholders. The new video follows the successful unveiling of the platform to the general public in Austin, TX earlier this month. Gary Kimmons, Chairman & CEO of eDoorways Corporation, made the following statement in the video, "'SOLVE' is all about the premium connection that we [eDoorways] make between people who have a need, that is the consumer, and the…

TuesdayOct 13, 2009 8:12 am

Axial Vector Energy Corp. (AXVC.PK) to Sign MOU to Integrate Ultra Clean Axial Vector Engines and Generators for Public Transport

Axial Vector Energy Corporation (AVEC) announced this morning that it has been invited to sign an MOU to integrate its ultra clean Axial Vector Engines and Generators into Dubai Public Transport. RTA, which is owned by the Government of Dubai, plans and executes all public transportation systems in the emirate of Dubai. RTA is committed to providing the most technologically advanced transportation techniques while simultaneously being environmentally conscious. The MOU forms a close relationship between AVEC and the RTA ensuring the government of Dubai will have superior technology for improving the air and further establishing Dubai’s world leadership of vision…

MondayOct 12, 2009 3:22 pm

October 12th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: CHIP, CVM, DKAM, ENZ, HYTM,NXOI, ICLK, IWEB, SIHI, SVUL Stocks came roaring back last week, snapping their losing streak as investors anxiously await third quarter earnings season which is set to begin this week. All told, the Dow gained 377 points to close at 9864, up 4% on the week and 12.4% on the year. The Nasdaq gained 4.5% to close at 2139, extending its gains to 35.7% on the year, while the S&P 500 and Russell 2000 posted gains of 4.5% and 6.0% respectively, bringing their yearly gains to 18.6%…

MondayOct 12, 2009 3:15 pm

Ambient Corp. (ABTG.OB) and Itron Inc. (ITRI) Develop EDC Module for Easier Utility Reading

Ambient Corp. and Itron Inc. (Nasdaq: ITRI) today jointly announced the development of a module designed to eliminate the need for drive-by utility meter reading. The Ambient® EDC module is a more advanced option to smart metering over legacy automatic meter reading using encoder receiver transmitter (ERT) modules. "The possibility of leaving assets stranded without a clear road map or without a viable option for incorporating such assets into a smart grid platform has prevented many utilities from deploying smart grid technology. The new EDC module, developed with cooperation from Itron, gives utilities a critical migration path linking their legacy…

MondayOct 12, 2009 2:52 pm

Velocity Energy Inc. (VCYE) Closes On Purchase of Appalachian Assets

Velocity Energy Inc. announced the purchase of producing natural gas wells and partially developed acreage in the Appalachian region in the Northeastern United States. Velocity Energy Inc. purchased the assets from a private company and did not disclose the purchase price. Velocity Energy Inc. said that the sale included 13,500 net acres of oil and gas properties, which are currently producing 2 million cubic feet per day of natural gas from several shale formations. These formations include the Ravencliff, Maxton, Big Lime, Berea, Gordon and the Cleveland and Huron Shales. The company said that the purchase would give it 60…

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Month: October 2009