December 2010 - Page 14 of 29

WednesdayDec 15, 2010 9:37 am

True 2 Beauty, Inc. (TRTB.PK) Receives Coverage Update from Murphy Analytics

Murphy Analytics (MA) today announced it has updated coverage on True 2 Beauty Inc., a California based manufacturer and distributor of sexual enhancement pills and liquids. The Update Report contains a detailed discussion of TRTB recent business developments and objectives, market trends, macroeconomic data and indicators, and risks. To view the full report, visit http://www.murphyanalytics.com/uploads/TRTB_Update. Analyst Patrick J. Murphy, CFA noted in the report: "Announced 12/13/10, TRTB's distribution agreement with Kretek International, Inc. ("Kretek") provides the Company with access to a leading distributor of specialty general merchandise and tobacco products to convenience stores and other retail channels in the U.S.…

WednesdayDec 15, 2010 9:32 am

Simulated Environment Concepts, Inc.’s (SMEV.PK) SpaCapsule Medical Sales Increase Significantly

Simulated Environment Concepts, the manufacturer and developer of medical, aesthetic and wellness equipment, announced this morning that medical applications of the SpaCapsule have surged as physicians and health professionals worldwide incorporate the equipment into rehabilitation, wellness and physical therapy practices. “We’re continually receiving orders from physical therapists, chiropractors and even cosmetic surgeons, all who have seen an increase in patient satisfaction as a result of the SpaCapsule treatment,” commented Dr. Ella Frenkel, President & CEO of Simulated Environment Concepts, Inc. (SE Concepts). “The patients using SpaCapsule can expect improvements in increased circulation, lymph draining, and an overall reduction in stress…

WednesdayDec 15, 2010 9:21 am

Daulton Capital Corp.’s (DUCP.OB) Mining District Gathers Interest as Gold Prices Exceed $1400 an Ounce

Daulton Capital Corp., a natural resource finance company focused on precious & base metal developments, continues to observe developments in the White Gold District as it prepares for further exploration and sampling. The White Gold District, which lies within the Tintina Gold Belt (a 200-km-wide, 1,200-km-long arc extending from northern British Columbia into southwest Alaska), has produced 29.9 million ounces of gold. The Tintina Gold Belt includes large proven and probable gold deposits, such as Pogo (3.6 M ozs P & P reserves) and Fort Knox (3.8 M ounces P & P reserves), as well as large amounts of measured…

WednesdayDec 15, 2010 8:58 am

ARI Network Services, Inc. (ARIS.OB) Announces Appointment of New CFO

ARI Network Services, Inc. announced yesterday that Mr. Darin Janecek has been promoted to Chief Financial Officer. Mr. Janecek will be responsible for all financial, compliance, and risk management functions in the organization. He joined ARI as Director of Finance in May 2009 and received a promotion to Vice President of Finance shortly after that. He brings to the position the knowledge and leadership experience he has gained from more than 20 years in finance and accounting. Prior to joining ARI Network Services, Inc., Mr. Janecek served as Director of Strategic Finance at Johnson Controls, Inc., in Milwaukee. There, he…

WednesdayDec 15, 2010 8:55 am

Magic Software Enterprises Ltd. (MGIC) Subsidiary Inks Deal to Deliver Cargo Management Solution to Aviapartner

Magic Software Enterprises is a global provider of cloud and on-premise enabled application platform and business integration solutions. The company yesterday announced that its wholly owned subsidiary HERMES Logistics Technologies, a leading provider of air cargo management solutions, has signed an agreement to deliver its HERMES cargo management system to Aviapartner, a company engaged in air cargo transportation. The HERMES cargo management system, powered by Magic Software’s application platform, is a complete and integrated solution that encompasses all physical handling, documentation and messaging requirements of ground handling. The system is expected to enhance Aviapartner’s productivity and efficiency for its network…

WednesdayDec 15, 2010 8:54 am

Verenium Corp. (VRNM) Updates on 2010 Accomplishments; 2011 Goals

Verenium, a company engaged in the development and commercialization of high-performance industrial enzyme solutions for biofuels, animal health and nutrition and more, yesterday announced its key 2010 accomplishments, as well as its goals and financial guidance for 2011. One of the most significant achievements of 2010 is the company’s successful transition into a new market. "2010 has been a significant year of transition for Verenium as we moved from being biofuels oriented to being focused on building the next leading industrial enzymes company," Carlos Riva, CEO at Verenium stated in the press release. "We believe we are now well positioned…

TuesdayDec 14, 2010 3:56 pm

Ardent Mines Ltd. (ADNT.OB) Acquires Mineral Rights in Tanzania

Ardent Mines Ltd. reported that the company has signed an agreement to explore and develop gold resources at a project in Africa. The company did not disclose the price paid for the mineral rights. The agreement permits Ardent Mines Limited to explore for gold on the Shenda License, a ten square mile property located in Tanzania. The company estimates possible gold resources at between 500,000 and 1,000,000 ounces. Ardent Mines Limited signed the agreement with Afrocan Resources Ltd., a Canadian mining company, and owner of the Capri General Trading Company Ltd. Ardent Mines Limited will acquire 100% of Capri General…

TuesdayDec 14, 2010 1:47 pm

ADDvantage Technologies Group, Inc. (AEY) Posts Solid Q4, Full-year 2010 Results on Rising Demand

ADDvantage Technologies Group Inc., cable television supplier, today posted its financial results for the three and 12-month periods ended September 30, 2010, reflecting strength in spite of economic difficulties. "We are pleased with the increased revenues in fiscal year 2010 as compared to last year, especially in light of the difficult economic environment. Our financial strength has improved due to the increased revenues, reductions in inventory and reductions in our operating expenses. The overall market demand for cable television equipment continues to be flat as a result of the difficult economic environment and the traditional United States cable companies are…

TuesdayDec 14, 2010 1:04 pm

Uranium Energy Corp. (UEC) Receives Mine Permit and Production Area Authorization for the Goliad ISR Project in South Texas

Uranium Energy Corp. announced today that the Commissioners of the Texas Commission on Environmental Quality (TCEQ) have approved the Mine Permit and the Production Area Authorization for Production Area One (PA-1). They have also granted the request for designation of an Exempt Aquifer for the Company's Goliad in-situ recovery (ISR) project in South Texas. Both received today, the approvals bring a conclusion to an administrative hearing, which is part of the State's permitting process. The Goliad project only has one Texas authorization pending, a Radioactive Material License (RML). According to the press release, the RML application is at an advanced…

TuesdayDec 14, 2010 11:59 am

AmbiCom Holdings, Inc. (ABHI.OB) to Expand its Global Electronic Medical Devices Footprint, Moves to Close on E-Care Acquisition

AmbiCom, www.ambicom.com – the San Jose, California-based developer of a range of advanced wireless products, ranging from its emphasized sector of healthcare to industrial/systems integration and retail/e-commerce solutions, reported entry today into a definitive acquisition agreement whereby ABHI will acquire 100% of Taiwan-based electronic medical device designer, E-Care Technology Co., Ltd. The anticipated date for completion of the agreement, allowing for due diligence and ancillary requirements on the part of E-Care, should be within the next 90 days. Chairman of ABHI, John Hwang, measured the agreement as a “significant step” for the Company, citing the established reputation of E-Care as…

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Month: December 2010