MondayJun 28, 2010 11:27 am

Azure Dynamics Corp. (AZDDF.PK) Receives 12 Purchase Orders for Balance Hybrid Electric Shuttle Bus

Azure Dynamics Corp. develops hybrid electric and electric components and powertrain systems for commercial vehicles. The company today announced that its established partnerships with various Ford dealerships in the U.S. have led to 12 Balance ™ Hybrid Electric shuttle bus sales. Western Piedmont Transit in North Carolina ordered five Balance shuttle buses; the Michigan Department of Transportation sold two of the shuttle buses to County Connection in Midland, MI, and two to Roscommon County Transportation Authority in Roscommon, MI; one bus was sold to Tehachapi Valley Healthcare in California for use as an employee shuttle for the health care district.…

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MondayJun 28, 2010 11:26 am

Zevotek, Inc. (ZVTK.OB) Gets High Rankings in Infomercial Marketing Service Ratings

Zevotek Inc., a worldwide direct marketer and distributor of personal and home care products, sells its compact fluorescent light bulb, the Ionic Bulb, through TV infomercials and the Internet. Infomercial Marketing Service (IMS) recently named Zevotek's Ionic Bulb TV ad as direct response advertising's fourth most frequently seen household product TV ad for the week ended June 18, 2010. The Ionic Bulb was also the top ranked household product for the week ended June 11, 2010. IMS monitors more than 30,000 hours of paid television programming each month to determine weekly rankings and authoritative data on direct response advertising. IMS…

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MondayJun 28, 2010 11:20 am

Micro Identification Technologies, Inc. (MMTC.OB) Moves Forward With Production Of MIT 1000

With its announcement of the MIT 1000, the world’s first non-biological system for identifying pathogenic microbes, Micro Identification Technologies Inc. set the stage for a revolution in the way companies and health organizations identify potentially dangerous microbes. The company is now taking its next big step, initiating the production of the MIT 1000. In late May, the company signed an agreement with OSI Optoelectronics, a subsidiary of OSI Systems (NASDAQ: OSIS), to manufacture the system. The MIT 1000 uses laser light and sophisticated software to generate and read the unique reflection patterns that identify 23 species of pathogenic bacteria, all…

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MondayJun 28, 2010 9:53 am

Kingtone Wirelessinfo Solution Holding Ltd. (KONE) Reports Stronger First Quarter Net Income

Kingtone Wirelessinfo Solution Holding Ltd. (KONE) reported net income of $1.76 million, or $0.18 per diluted share, in the first quarter of fiscal 2010 which ended 12/31/2009. The company earned net income of $1.08 million, or $0.11 per diluted share, in the first quarter of fiscal 2009. Kingtone Wirelessinfo Solution Holding Ltd. also reported a strong year over year increase in sales in the first quarter of fiscal 2010. The company had sales of $2.9 million compared to $2.1 million in the corresponding quarter in fiscal 2009. The management of Kingtone Wirelessinfo Solution Holding Ltd. attributed the better results to…

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MondayJun 28, 2010 9:52 am

Gran Tierra Energy Inc. (GTE) Reports Test Results of Exploration Well

Gran Tierra Energy Inc. announced the results of the hydrocarbon appraisal of a recent exploration well on its concession block in Colombia. The well was drilled on the Chaza Block in the Putumayo Basin. Gran Tierra Energy Inc. drilled the Moqueta-1 exploration well earlier in the year and encountered hydrocarbons at approximately 4,000 feet. The company found 53 feet of net pay in the Caballos formation, and 55 feet of net pay in the Villeta T Sandstone formation. Gran Tierra Energy Inc. said that the Caballos had both oil and natural gas zones present, while the Villeta T Sandstone had…

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MondayJun 28, 2010 9:45 am

EDAP TMS SA (EDAP) Announces Agreement with Lumenis to Distribute Urological Lasers in France

EDAP TMS SA, a developer of the most advanced and clinically proven choice for high-intensity focused ultrasound treatment of localized prostate cancer, recently announced that the company has signed an exclusive agreement with Lumenis, GmbH, one of the world’s largest medical laser companies. Under the terms of the agreement, EDAP will distribute Lumenis urological Holmium/Nd:YAG lasers in France, effective immediately. This exclusive distribution agreement will allow EDAP to broaden its products portfolio by offering urologists a high-end therapeutic option for their patients. Lumenis lasers enable precise minimally invasive treatment for a wide variety of urologic conditions and the company has…

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MondayJun 28, 2010 9:44 am

Aoxin Pharmaceuticals Co. Inc. (AXN) Finds Financing in Place, Moves Forward with Growth Plans as Scheduled

Although there are questions that arise about investing in certain sectors of the Chinese marketplace, with regard to quality and counterfeiting, some companies take a slightly differing approach by setting up shop in countries outside of China and then selling into it. These companies can take many forms but ultimately come away with a solid reputation for quality products and services. Due diligence is still a strong requirement but if the company seems to be moving forward on schedule, and with the blessing of other known entities, it may offer a nice return. Aoxin Pharmaceuticals Co. Inc., a specialty pharmaceuticals…

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MondayJun 28, 2010 8:29 am

Bio-Solutions (BISU.OB) to Grant Shareholders 1 for 5 Stock Dividend

Bio-Solutions Corporation announced after the closing bell on Friday that they will be granting a one-time one for five stock dividend to their shareholders. For every 5 shares an investor holds, one share will be granted by the company. These shares will be payable on July 1, 2010 to all shareholders as of close of market on the record date of June 29th 2010. The decision to grant the dividend was unanimously agreed upon by the Bio-Solutions directors. An 8-K filed with the Security and Exchange Commission (SEC) stated, “On June 11, 2010, the Registrant's board of directors authorized a…

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MondayJun 28, 2010 8:20 am

Industry Veteran Elected to InkSure Technologies Inc. (INKS.OB) Board of Directors

Yesterday, InkSure Technologies Inc. announced that industry veteran Mr. Jonathan Bettsak has been elected to the Company’s Board of Directors. Mr. Bettsak has over 20 years of operational experience in the security, IT, and telecommunications fields. Mr. Bettsak is currently involved in a multimillion-dollar computer business, distributing brands such as Acer, HP, and Cisco throughout the United States, Colombia, Central America, and the Caribbean. He received his B.A. Finance from the American University in Washington D.C in 1991. Mr. Bettsak has served, since 2008, as Director of Digicel Holdings (Panama) Ltd., (incorporated in Bermuda). Digicel Holdings (Panama) Ltd. is a…

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