January 2011 - Page 7 of 28

MondayJan 24, 2011 4:24 pm

Siuslaw Financial Group (SFGP.OB) Posts Year-end Financials

Siuslaw Financial, parent company of Siuslaw Bank, today announced its year-end financial results and recognizable community awards. Year to date after-tax earnings totaled $3,577,200, or $0.87 per diluted common share, compared to $3,342,100, or $0.81 per diluted common share, report a year ago. The company reported that earnings represent an 11.25 percent return on equity (ROE) and 1.33 percent returns on assets (ROA). Siuslaw Financial reported $299.8 million in total assets and deposits of $255.5 million, compared to $284.1 million and $236.6 million in 2009, an increase of 5.5 percent and 8.0 percent respectively. Net loans decreased by 4.6 percent…

MondayJan 24, 2011 4:19 pm

Merge Healthcare (MRGE) Deploys Imaging Solution to UMass Memorial Healthcare for Improved Workflow

Merge Healthcare, a leading health IT solutions provider, today announced it has successfully deployed imaging distribution solution iConnectAccess™ for the physicians of UMass Memorial Health Care, an academic medical center with five facilities serving Central New England. iConnect Access gives physicians the ability to view medical images directly from their electronic health record, providing a convenient, streamlined solution to have a patient’s complete record at hand. ”We are thrilled with the success we’ve experienced using the iConnect Access viewer,” William Corbett, MD, vice president of Community Practices for UMass Memorial Health Care stated in the press release. “Now, every physician…

MondayJan 24, 2011 4:18 pm

BIOLASE Technology, Inc. (BLTI) Receives Patent for Laser Technology to Treat Farsightedness

BIOLASE Technology Inc., the world's leading dental laser manufacturer and distributor, today announced that the U.S. Patent and Trademark Office has issued the company a new patent for the use of its laser technologies for treating farsightedness (presbyopia and hyperopia). The patent, entitled, "Methods for Treating Hyperopia and Presbyopia via Laser Tunneling," covers the use of Erbium-based pulsed lasers designed to mitigate the effects of presbyopia, which in turn enables the eye to refocus at near distance without losing its ability to focus at a distance. Federico Pignatelli, BIOLASE chairman and CEO, said the patent correlates with the company’s current…

MondayJan 24, 2011 3:10 pm

China Nutrifruit Group Ltd. (CNGL) Announces Supply Contract Signed with Doehler Rizhao

China Nutrifruit Group Ltd., a developer, processer, marketer and distributor of a variety of food products processed primarily from premium specialty fruits grown in Northeast China, today announced that it has entered into a supply contract with Doehler Food and Beverage Ingredients (Rizhao) Co., Ltd. to supply 1,500 tons of its fruit concentrate products. A subsidiary of DoehlerGroup, Doehler Rizhao is a global consumer brand that offers a variety of fruit concentrate juices, including apple, pear, strawberry and kiwi juice concentrates. As terms of the announced agreement, China Nutrifruit will supply 1,500 tons of fruit concentrate products to Doehler Rizhao…

MondayJan 24, 2011 3:04 pm

Optical Cable Corp. (OCCF) Announces Financial Results for Fourth Quarter and Fiscal Year 2010

Today before the opening bell, Optical Cable Corp. reported its financial results for the fourth quarter and fiscal year ended October 31, 2010. The company's consolidated net sales for the fiscal year were the highest in the company’s history. Consolidated net sales for the fourth quarter of fiscal year 2010 totaled $18.5 million, a 31.1% increase compared to net sales of $14.1 million generated during the fourth quarter of fiscal year 2009. Gross profit margin increased to 38.8% in the fourth quarter compared to 34.4% in the same period last year. Optical Cable reported net income attributable to the company…

MondayJan 24, 2011 2:53 pm

FDA Grants Approval for Clinical Data, Inc.’s (CLDA) Viibryd

Today, Clinical Data, Inc. announced that the U.S. Food and Drug Administration (FDA) has approved vilazodone HCl tablets to be marketed under the brand name Viibryd™. A new molecular entity and the first and only selective serotonin reuptake inhibitor and 5HT1A receptor partial agonist, Viibryd will be used to treat adults with major depressive disorder (MDD). The company plans to make Viibryd available in U.S. pharmacies before June 30th of this year. “When treating MDD, our goal is to offer treatment options that meet the individual needs of each patient,” stated Stephen M. Stahl, M.D., Ph.D., Professor of Psychiatry, University…

MondayJan 24, 2011 1:04 pm

National Automation Services, Inc. (NASV.PK) Board Of Directors Pursues Expansion

As National Automation Services enters the new year, it also enters what is expected to be the most dynamic period in the company’s history. After finally completing the lengthy and resource-consuming process of becoming a fully reporting company, NAS is now able to actively pursue its strategy of expansion, becoming a nationwide presence in the automation and control systems industry. Ultimately responsible for the successful execution of this charge is National’s 5-member board of directors: • Robert Chance (Chairman and CEO) – Mr. Chance took over the reigns of NAS upon the reverse merger with ISS in October of 2007.…

MondayJan 24, 2011 11:51 am

Brazil Gold Corp. (BRZG.OB) Moves to Acquire Luziania Gold Project

Brazil Gold Corp., www.brazilgold.com – a precious metals exploration/development firm focused on Brazil with exclusive rights for mining and exploration on some 9 claims (2M acres) in the prolific western Amazon basin, recently reported entry into a letter of intent to acquire the Luziania Gold Project from the privately held Mineracao Rio De Padras Ltda. Located in Brazil’s Goias State, about 31 miles southwest of the capital Brasilia and just six miles outside the City of Luziania, the Luziania project is well situated logistically, with excellent access to roads, power, water, skilled labor, hospital, communications and an airport. The letter…

MondayJan 24, 2011 11:49 am

EcoBlu Products, Inc. (ECOB.OB) Signs Agreement with Florida’s Mid-State Properties

EcoBlu Products Inc. is a manufacturer of proprietary wood products treated with an eco-friendly chemistry that protects against fire, mold, fungus and insects. The company's patent pending technology is the ultimate in wood protection, preservation and fire safety. The company announced today that it has signed a product application services agreement with Mid-State Properties of Central Florida, which is located in Lakeland, Florida. Under the terms of the agreement, Mid-State Companies will treat EcoBlu Products lumber, build EcoBlu's humanitarian house packages and manage lumber inventory for wholesale distribution to the southeast region of the US. This will allow the company…

MondayJan 24, 2011 11:46 am

Tivus, Inc. (TIVU.PK) Discussions with Marriott International Advance

Earlier today, Tivus announced the development of an advanced, Internet-based in-room video-on-demand (VOD) system. The system enables hotel customers to select and control the available content and provide family-friendly guest entertainment. More importantly, according to CEO Shiva Prakash, Tivus is in advanced discussions with Marriott International to deploy their HD Internet-based in-room video-on-demand (VOD) systems. Mr. Prakash stated, "In light of Marriott's recent decision to discontinue access to adult movies in its hotels, it is important to note Tivus' HD Internet-based video-on-demand (VOD) system empowers our hotel customers to perfectly tailor the entertainment content to best suit the Hotel Brand…

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Month: January 2011