May 2011 - Page 7 of 33 - QualityStocks

WednesdayMay 25, 2011 8:39 am

Cleantech Transit, Inc. (CLNO) Reviews Recent Appointments to Management Team

Cleantech Transit, Inc. today announced the following appointments to the management team: Kenneth Bosket – President & CEO and Director, Lowell Holden – CFO & Director and Montse Zaman – Secretary & Treasurer and Director. A biography of each was provided with the press release. Kenneth Bosket – President & CEO and Director Mr. Bosket is co-founder of JaHMa, a music company in Las Vegas, Nevada, and a former board member and president of Bridge Counseling Associates, a mental health and substance abuse service company. Over his 30-year tenure with Sprint, he implemented appropriate procedures to position his organization’s goals…

TuesdayMay 24, 2011 2:04 pm

Mitek Systems, Inc. (MITK) Partners with VSoft to Offer Mobile Smartphone Depositing Platform for Financial Institutions

Mitek Systems, the 20-year veteran provider of advanced mobile imaging and analytical authentication/data extraction software to financial service companies, has reportedly partnered with financial services-minded information and technology process improvement specialists, VSoft Corporation, whereby the Company’s patented Mobile Deposit® technology will be used at financial institutions in conjunction with the VSoft Agile Mobile Capture™ solution. The marriage of these two powerful technologies will create dynamic improvements for financial institutions and end-users alike, resulting in a mobile smartphone/tablet-ready platform that provides the ultimate in convenience and security for banking customers. This new platform will represent a real competitive edge, allowing customers…

TuesdayMay 24, 2011 1:54 pm

EDAP TMS SA (EDAP) Posts Stronger Q1 Financials Driven by Device Sales

EDAP TMS SA, a global leader in therapeutic ultrasound, today announced financial results for the first quarter ended March 31, 2011, demonstrating growth across the board. All financial figures are expressed in U.S. dollar amounts. Total revenue for the first quarter 2011 increased by 12.1 percent to $6.8 million compared to $5.9 million reported for the first quarter of 2010, reflecting strong lithotripsy device sales. "Our innovative lithotripsy product line continues to be well received by the global urology community as exemplified by the strong reception received at the recent EAU, JUA and AUA meetings. During the first quarter, we…

TuesdayMay 24, 2011 1:50 pm

UNR Holdings (UNRH) Posts Impressive Q1 2011 Performance with +100% Earnings Increase

UNR Holdings Inc., a housing and commercial construction and development company, today announced first quarter financial results for the quarter ended March 31, 2011. Total revenues for the quarter increased 103.6 percent to $39.9 million, compared to $19.6 million for the quarter ended March 31, 2010. The company attributes the stellar increase to a gradual pickup in its construction and development business paired with substantially higher prices for apartments and commercial space. Income from operations increased 81 percent to $22.8 million compared to $4.2 million reported for the comparable quarter ended March 31, 2010. The company reported a 77 percent…

TuesdayMay 24, 2011 1:47 pm

PositiveID (PSID) Completes $1.2M Acquisition of MFSI, Complementary Technology

PositiveID Corp. develops medical technologies for diabetes management, clinical diagnostics and bio-threat detection, seeking opportunities to expand into the clinical diagnostics market. In line with this plan, the company has acquired MicroFluidic Systems (MFSI), a company focused on the production of automated instruments for a broad spectrum of applications to detect and process biological samples. Founded in 2001, MFSI has established a portfolio of intellectual property related to sample preparation and rapid medical testing applications that complement PositiveID's portfolio of virus detection and diabetes management products. MFSI has received more than $45 million in government contracts, most of which stem…

TuesdayMay 24, 2011 1:25 pm

Uranium Energy Corp. (UEC) Closes on South American Acquisition

Uranium Energy Corp. reported the acquisition of a South American company that holds prospecting permits to a mining property in Paraguay. Uranium Energy issued 225,000 shares of common stock to the seller and is obligated to pay a royalty of 1.5% on the future gross sales of any uranium that is discovered on the property. Uranium Energy said that the permits cover 247,000 acres located in Coronel Oviedo, Paraguay, and were previously explored by Anschutz Corporation and Crescent Resources Corp. from 1983 through 2006. Uranium Energy has access to the drilling samples done by these two companies and reported that…

TuesdayMay 24, 2011 12:55 pm

Wescorp Energy Inc. (WSCE) Announces Successful Treatment of Marine Bilge Water with Second Generation H2Omaxx Technology

Wescorp Energy Inc., a clear water technology company that specializes in water purification solutions for the oil, gas, marine and related hydrocarbon polluting industries, has recently announced that the second generation 10,000 barrel per day (bpd) H2Omaxx technology has been successful in treating marine bilge water. The H2Omaxx completed the International Maritime Organization approved Resolution MEPC 107(49) regulated maximum residual hydrocarbon clean water discharge of 15 parts per gallon (ppm) quite easily. The discharge standard is appropriated and enforced nationwide by agencies such as the U.S. Coast Guard. "We are very impressed with the performance of the H2Omaxx in treating…

TuesdayMay 24, 2011 12:51 pm

Tivus, Inc. (TIVU) Offers Hotels New Way to Upgrade

Tivus is at the heart of a communications revolution in the hospitality industry. The company uses state-of-the-art interactive technologies to provide highly secure and content rich communications capabilities to hotel and resort guests. The result is a system that can monitor usage in ways never before possible, allowing a new world of targeted services, entertainment, and advertising. More than a superior and attractive offering for guests, the Tivus system represents highly focused traffic to advertisers, traffic that advertisers are willing to pay a premium to reach. Affluent travelers have come to expect the same level of entertainment and Web communications…

TuesdayMay 24, 2011 12:48 pm

IntelGenx Technologies Corp. (IGXT) Welcomes a New Member to Its Board

IntelGenx Technologies Corp. is a drug delivery company focused on the development of oral controlled-release products as well as novel rapidly disintegrating drug delivery systems. The company uses its unique multiple-layer delivery system to provide release of drugs in the gastrointestinal tract. It has also developed delivery technologies for the rapid delivery of drugs in the oral cavity based on quickly disintegrating films. The company announced today that Dr. Rajiv Khosla has agreed to join IntelGenx' board of directors. Dr. Khosla will bring a wealth of experience and expertise in oral drug delivery technology, pharmaceuticals and business development to the…

TuesdayMay 24, 2011 12:45 pm

Alvarion Ltd. (ALVR) Joins Forces with Foris Telecom to Power Broadband Connectivity in Uganda and Mozambique

Located in Washington, D.C., Alvarion has earned a stellar reputation as a global 4G communications leader. Today, Alvarion took a major step towards prominence with the announcement they have joined forces with Foris Telecom to launch its 4G network in Mozambique and Kampala, Uganda. The network, operating in the 2.5 GHz frequency range, is the first 4G deployment in Uganda and Mozambique. The network will provide broadband connectivity to residential and business users as local municipalities. Dov Slook whom serves as the CEO and Chairman of Foris Telecom spoke of the agreement with Alvarion when he stated, “Alvarion’s best-of-breed solution…

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Month: May 2011