February 2011 - Page 13 of 25

MondayFeb 14, 2011 8:16 am

Energtek Inc. (EGTK.PK) Announces Formation of New Subsidiary to Develop Natural Gas Mass Storage Solutions

Today before the opening bell, Energtek Inc., a leader in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG) technology, announced that it has incorporated a new subsidiary, Energstore Solutions Ltd., which will focus on providing peak storage solutions for energy utilities, transmission networks and other large suppliers and consumers of natural gas. Energtek will own fifty percent of the new subsidiary, while RBCI Ltd., an Israeli company managed by Brig. Gen. (Ret.) Reuven Benkler, will own the remaining fifty percent. Energstore was founded for the purpose of capitalizing, among others, on the important energy developments taking place in Israel…

FridayFeb 11, 2011 4:29 pm

Energtek, Inc. (EGTK.PK) is “One to Watch”

Energtek, Inc. is focused on developing and commercializing Adsorbed Natural Gas (ANG) technology. This technology enables the storage of comparable gas quantities at reduced pressure, dramatically decreasing the capital investment and operational costs of natural gas vehicles. The company recognizes the global markets' demands to diversify energy sources and is working on breakthrough technologies that deliver natural gas to the consumer, even where no gas pipeline and compressing infrastructure exist. Because natural gas is cheaper, cleaner and available in greater quantities than oil, Energtek believes it is the most practical motor fuel alternative. Natural gas is primarily comprised of methane, which…

FridayFeb 11, 2011 3:56 pm

American Eagle Energy Inc. (AMZGD) Acquires Oil and Gas Acreage in Montana

American Eagle Energy Inc. announced that the company has acquired acreage in the United States that is prospective for various oil and gas formations. The company signed an agreement with a private oil and gas company to acquire 49,000 net acres across 78 different sections. American Eagle is partnering with Big Sky Operating LLC in the acquisition. American Eagle said that the acreage is located in Toole County, Montana, and is part of the Southern Alberta Basin, an established and producing oil and gas basin that runs between the United States and Canada. The acreage is prospective for the Bakken…

FridayFeb 11, 2011 3:54 pm

Taleo Corp. (TLEO) Issues Successful 2010 Review

Taleo Corp., a leading provider of on-demand talent management solutions, yesterday highlighted its “unmatched momentum” in the small and mid-sized business markets leveraged by the Taleo Business Edition. The company added more than 900 new customers in 2010, shattering its previous record with a 50-percent increase over the previous year. The company attributes the increase in sales to demand from smaller businesses seeking talent management solutions, something that previously only sought out by Enterprise-level organizations. “With Taleo, we went from a chaotic mess of incoming online applications to a well-organized and efficient system for managing, organizing and searching through applicants…

FridayFeb 11, 2011 2:37 pm

Phase III Clinical Trials Nearing for Ventrus Biosciences, Inc. (VTUS)

While many biotechnology firms go for the “home run” by spending millions searching for viable solutions to ever-mutating strains of life-threatening diseases, others have taken the approach of focusing on smaller disorders that still have a great area of unmet need. There is certainly some prestige that attracts biotechnology investors as everyone is searching for the next great Lipitor-type drug or a viable therapy to effectively treat cancers, but for developmental biotechs, it is not always a great fit as the road less traveled is often where more success can be found. New York-based Ventus Biosciences, Inc., a specialty pharmaceutical…

FridayFeb 11, 2011 12:25 pm

ECOtality, Inc. (ECTY) Starts Mass Manufacturing of Blink EV Charging Stations at Roush Manufacturing Facility in Michigan

ECOtality, www.ecotality.com – the San Francisco-based developer of advanced electric technologies which is leading the electric vehicle market in key transport and storage solutions, initiated mass manufacturing of the Company’s Blink™ Level 2 Charging Stations via Roush Manufacturing at a modified automotive facility in Michigan. Michigan Governor Rick Snyder and executives from each company attended the ribbon-cutting ceremony and watched as the first Blink systems came off the line. The Blink charging stations are the backbone of the diverse and ingeniously engineered charging framework designed by ECTY and deployed as an integral part of the US DOE-funded EV Project. A…

FridayFeb 11, 2011 12:13 pm

TeleCommunication Systems Inc. (TSYS) Gets Three New Patents for Wireless Location-Based Services

The U.S. Patent and Trademark Office has issued three patents to TeleCommunication Systems, Inc., a leader in mobile communication technology. The patents cover three system technologies used to provide wireless device location based services: • Wireless Network Tour Guide (patent #7,853,272) – The patent covers a method for providing tour-guide information to smart phones and other wireless devices, through the blending of text and audio messages with location based wireless services. • Area Watcher for Wireless Network (patent #7,856,236) – The patent describes a system in which authorized third parties are notified about a wireless device’s entry or exit from…

FridayFeb 11, 2011 12:11 pm

SeraCare Life Sciences Inc. (SRLS) Posts Q1 Financial and Operational Results

Global life sciences company SeraCare Life Sciences Inc. today reported its financial results and recent corporate highlights for its first quarter of fiscal year 2011, ended December 31, 2010, noting recent corporate highlights leveraging its long-term goals. SeraCare reported first-quarter revenue of $10.5 million, a 7 percent decrease compared to $11.3 million for the same quarter of the prior year. Gross margins decreased to 38 percent for the quarter compared to 44 percent for the same quarter of the prior year. The company earned net income of $1.6 million for the first quarter, which included a non-recurring reorganization benefit of…

FridayFeb 11, 2011 12:05 pm

LML Payments Systems Inc. (LMLP) Posts Solid Q3 and Nine-month Financials

LML Payments Systems Inc., a leading technology provider of financial payment solutions for e-commerce and traditional businesses, yesterday posted its results for its third quarter and nine month-period ended December 31, 2010.The company attributes its positive performance to growth in various segments and its ability to cater to clients. “We are pleased to announce these results for the third quarter and first nine-month period of our fiscal year. All three of our business segments reported increased revenue and profitable results. Our Transaction Payment Processing segment continued to grow impressively at 30 percent. Our check business increased revenue by 22 percent…

FridayFeb 11, 2011 10:45 am

Peter Maffitt Appointed to Board of Directors at Tactical Air Defense Services Inc. (TADF.OB)

Tactical Air Defense Services Inc. is an aerospace and defense services contractor to the Department of Defense, the US military and US-approved allied military organizations overseas. The company offers a wide range of services including tactical flight training, aircraft maintenance, aerial refueling and other important services. The company announced today that it has appointed Peter C. Maffitt to its Board of Directors. Mr. Maffitt is an executive with over 30 years of experience in the corporate, government and military sectors. Much of his experience lies in new business development and fund-raising internationally. Mr. Maffitt is also a published author in…

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Month: February 2011