February 2011 - Page 3 of 25

FridayFeb 25, 2011 9:18 am

TechniScan, Inc. (TSNI.OB) Signs Agreements for Manufacturing and Use of Trademarks with Womens3D

TechniScan, Inc. announced yesterday that they have signed agreements for manufacturing and use of trademarks with Austin, Texas-based Womens3D. TechniScan, Inc. is a medical device company engaged in the development and commercialization of an automated 3D breast ultrasound imaging system. These agreements follow a product development agreement signed between the two companies in January 2011. With the product development agreement the two companies agreed to jointly develop a specialized version of TechniScan's Warm Bath Ultrasound (WBU) system specifically for Womens3D target market of women's specific health practices. These include OB/GYN and general practice offices. Under the terms of the manufacturing…

FridayFeb 25, 2011 9:15 am

U.S. Energy Corp. (USEG) to Jointly Develop Oil and Gas Leases in Texas

U.S. Energy Corp. reported that the company has signed an agreement with another independent oil and gas company to participate in the joint development of mineral leases in Texas. U.S. Energy Corp. signed a deal with Crimson Exploration Inc. (NASDAQ: CXPO) on 4,675 gross acres, or 1,402 net acres, located in Zavala County, Texas. The company can earn a 30% working interest in the acreage through the payment of cash up front and a future drilling carry. U.S. Energy did not disclose the financial terms of the deal due to competitive reasons. U.S. Energy Corp. and Crimson Exploration Inc. plan…

FridayFeb 25, 2011 8:39 am

Earth Dragon Resources, Inc. (EARH.OB) is “One to Watch”

Earth Dragon Resources, Inc. (EARH) is an exploration stage company focused on acquiring, exploring and developing mining properties. Currently, the company is developing gold deposits in the Ashanti Gold Belt in Ghana and the Lupa Goldfield in Tanzania. Earth Dragon has significant international potential due to the robust demand from the gold market. In Ghana, the company has identified an area of mineralized quartz veins averaging 1 meter in thickness, and a shear zone as wide as 10 meters striking SW-NE for about 700m in a series of sub-parallel structures approximately 500m apart. Presently, 35 people are excavating and sampling…

ThursdayFeb 24, 2011 3:35 pm

Chart Industries, Inc. (GTLS) Reports Strong Growth and Improved Backlog

Chart Industries, Inc., a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, today announced its financial results for the fourth quarter and year ended December 31, 2010. Net sales for the fourth quarter of 2010 were $158.8 million, up 22% from $130.3 million in the comparable period a year ago. Gross profit for the fourth quarter of 2010 was $50.6 million, or 32% of sales, versus $43.9 million, or 34% of sales, in the comparable quarter of 2009. Net income for the fourth quarter of 2010 totaled $9.8…

ThursdayFeb 24, 2011 3:21 pm

NIVS IntelliMedia Technology Group (NIV) is “One to Watch”

NIVS IntelliMedia Technology Group (NIV) is an integrated consumer electronics company focused on designing, manufacturing, marketing and selling intelligent audio and video products and mobile phones in China, Greater Asia, Europe, and North America. The NIVS brand has received "Most Popular Brand" distinction in China's acoustic industry for three years in a row, among numerous other awards. The company has a 2.7 million square foot factory, which includes a large-scale, 1.1 million square-foot production area, and more than 1,400 full-time employees. Its modernized production lines include automated processing equipment and procedures that can be easily modified to accommodate new customer…

ThursdayFeb 24, 2011 1:58 pm

Echo Therapeutics, Inc. (ECTE.OB) is “One to Watch”

Echo Therapeutics is developing the Symphony tCGM System as a non-invasive, wireless, transdermal continuous glucose monitoring system for patients with diabetes and for use in hospital critical care units. Echo is also developing its needle-free Prelude SkinPrep System as a platform technology for enhanced skin permeation for delivery of topical pharmaceuticals. All existing FDA-approved continuous glucose monitoring systems are needle-based, requiring insertion of a glucose sensor into the patient’s skin. Not only does this cause discomfort, but it also gives rise to risks of infection, inflammation or bleeding at the insertion site. Echo Therapeutics' Symphony tCGM does not require insertion…

ThursdayFeb 24, 2011 1:13 pm

Vicor Technologies, Inc. (VCRT.OB) Continues Expansion; Signs Distribution Agreement in Middle East

Some companies just flutter around trying to strategize how to get operations rolling while others seem to have it all under control by continuously moving forward with operations, revenues and expansion. Vicor Technologies certainly qualifies as the latter of those two types. No catalyst is needed to keep the Company driving forward with their proprietary PD2i® technology. The groundwork was laid in the prior years and since expanding its sales force in the third quarter of 2010, Vicor has not been shy of announcements showcasing the growth of revenues and distribution. Yesterday, Vicor announced another significant move to broaden their…

ThursdayFeb 24, 2011 12:55 pm

VyStar Corp. (VYST.OB) Begins Sales of Its Patented, Natural Rubber Latex to Largest US Balloon Manufacturer

VyStar Corp. is the exclusive creator of Vytex Natural Rubber Latex (NRL). This product is a multi-patented, all-natural raw material that contains significantly reduced levels of antigenic proteins found in natural rubber latex and can be used in over 40,000 products. It is a 100% renewable resource, environmentally safe, and fully biodegradable. The company announced today that Pioneer Balloon Company, the largest manufacturer of latex balloons in the United States, has begun production using Vytex Natural Rubber Latex in its premium line of Qualatex brand balloons. This brand is known the world over for its exceptional quality, color range and…

ThursdayFeb 24, 2011 12:53 pm

Royale Energy, Inc. (ROYL) Gets Go Ahead for Goddard #2

Royale Energy, Inc., a leading independent producer of oil and natural gas, announced yesterday that it has put into production its Goddard #2 natural gas well in northern California after receiving approval to commence production from the Colusa County Board of Supervisors. The well is now turning out approximately 10,000 MCF (thousand cubic feet) per day. Already in production since the 3rd quarter of 2010, the Goddard #1 well produces 5,000 MCF per day, while the newly drilled Goddard #3 well is expected to be up and producing within a few days. Together, the three wells will bring total production…

ThursdayFeb 24, 2011 9:57 am

TMNG Global’s (TMNG) Ascertain Chosen by Major U.S. Cable Operator

Yesterday, it was announced that a major U.S. Cable company has made the choice to use software from TMNG Global (NASDAQ: TMNG). The software, Ascertain Business Assurance Software Suite, will be deployed throughout the cable company's offices and operations. TMNG provides numerous services to industries such as communications and digital media, technology and financial services. In addition to providing software such as the Ascertain suite, the company also offers strategy, business, operations and technical consulting, with a client base consisting of over 1,200 firms worldwide. TMNG claims to offer a “holistic, hands-on approach” to revenue assurance and cost management, working…

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Month: February 2011