June 2011 - Page 12 of 32

MondayJun 20, 2011 4:34 pm

AISystems, Inc. (ASYI) Announces Beta Testing by Major US Airline

AISystems, Inc., creator of a revolutionary business platform software system for the airline industry, was pleased to announce today that a major US airline is beta testing the jetEngine™ Business Planning Suite ("jetEngine™ BPS"). "We are excited to take this next step with a major airline" stated Stephen C. Johnston, President and CEO of AISystems. "It shows great progress for us and really lets us show the power of jetEngine™ BPS. At this time due to a non-disclosure agreement we are unable to disclose the name of the airline beta testing the jetEngine™ BPS. We will disclose the airline name…

MondayJun 20, 2011 4:17 pm

Newport Digital Technologies, Inc. (NPDT) Provides Investors with Update on PETCO Park Digital Signage Project

Today after the closing bell, Newport Digital Technologies, Inc. announced that they, along with SASCO Electric, initiated Phase II project launch with PETCO Park to provide full assessment of its current infrastructure, including structural engineering, power systems, video data/systems, and aesthetic requirements, to recommend all possible audio and digital signage opportunities that could create an enhanced fan experience in one of Major League Baseball's premier stadiums. Phase II will also identify the areas that need to be updated for the installation of leading-edge digital signage and audio solutions later this year. Once Phase II is completed, Newport Digital will make…

MondayJun 20, 2011 1:59 pm

STWA Inc. (STWA) Updates on Prototype Development Facility at DOE Testing Center

STWA Inc., a company creating technology focused on energy efficiency of large-scale energy production and improved fuel economy for diesel fleets, today issued an update related to operations, testing facility build-out, and prototype development at the U.S. Department of Energy's (DOE) Rocky Mountain Oilfield Testing Center (RMOTC). STWA reports that while the facility build-out is behind schedule due to various delays from poor weather conditions and third-party lead time interruptions, it is set for prototype testing and is currently in normal working order. Bjorn Simundson, head of new product development, program management and operations at STWA, said that the company…

MondayJun 20, 2011 1:57 pm

Green Technology Solutions, Inc (GTSO) Prepares to Send Out Mongolian Core Samples as Rare Earth Prices Double

Green Technology Solutions, Inc., a company that focuses on identifying, selecting, and cultivating green technologies in order to develop them into market products, continues its preparations to send core samples from three Mongolian rare earth mining sites to South Korea for analysis as the prices for heavy rare metals have increased by more than double because of China’s more strict control of rare earth mining, production, and exports. A U.K. trade publication Industrial Metals had reported last week that rare earth metals europium oxide and dysprosium oxide, utilized in high-tech applications from smartphones to nuclear reactors, have increased by more…

MondayJun 20, 2011 1:47 pm

Himax Technologies, Inc. (HIMX) Announces Share Buyback Program, Reiterates Quarterly Guidance

Taiwan based semiconductor company Himax Technologies announced a $25 million share buyback program, after reiterating its second quarter guidance. Although the share buyback program does not require a specific purchase, it authorizes the company to buy up to $25 million of Himax American Depository Shares in the open market or through private transactions. Himax President and CEO, Jordan Wu, commented on anticipated earnings for the company and the associated buyback program. “As of today, we expect our second quarter revenues to go up 10% to 15%, in line with the guidance we previously provided in our last earnings call on…

MondayJun 20, 2011 12:29 pm

Imperial Resources, Inc. (IPRC) Secures Funds for Disposal Facility

Imperial Resources, Inc. reported that the company has secured financing to complete the development of a disposal facility in Texas. The facility will be used to dispose of salt water from oil and gas wells in the Barnett Shale and other areas. Imperial Resources said that the financing is in the form of an unsecured convertible loan and is for up to $1.2 million. The company would not identify the lender. Imperial Resources expects to use the funds immediately to begin construction of the facility, and estimates that commercial operations at the site can begin in eight weeks. The salt…

MondayJun 20, 2011 12:04 pm

Nano Viricides (NNVC) to Ramp Manufacturing, Leases Facility with Increased Capacity

Nano Viricides Inc., a development-stage company focused on creating nanomaterials for viral therapy, today announced it will lease new space for current Good Manufacturing Practices (cGMP) production of its nanoviricides drug candidates for the treatment of various viral diseases. The company plans to lease the space with an option for a future purchase from Inno-Haven LLC, as it acts on its need to produce larger quantities of its drug candidates for upcoming toxicological studies. If the studies are successful, the company said it will manufacture additional materials to conduct human clinical trials if and when approved by the U.S. Food…

MondayJun 20, 2011 12:02 pm

BioClinica, Inc. (BIOC) Releases OnPoint Platform, Notes Increased Industry Demand

BioClinica, Inc., a global provider of clinical trial management solutions (CTMS), today announced the release of its BioClinica OnPoint platform, which it acquired from TranSenda in 2010. The company highlighted industry trends migrating toward collaborative technology that can be integrated with existing systems. “A quiet transformation of clinical study architectures is occurring in the industry through the increased use of standard collaboration tools for clinical study management and regulatory document management,” Gartner Research Vice President Steve Lefebure stated in the press release. “Life science companies are seeking to leverage existing infrastructure, support collaboration, and create flexibility. Solutions that leverage both…

MondayJun 20, 2011 11:05 am

Simulated Environment Concepts, Inc. (SMEV) Announces Upcoming Presentation at National Eagles and Angels Association New York Meeting

Simulated Environment Concepts, the manufacturer and developer of medical, aesthetic, weight loss, wellness, and slimming equipment, just announced that the company has been invited to present at the National Eagles and Angels Association's (NEAA) New York City Chapter meeting tomorrow at the prestigiously renowned Oak Room (Plaza Hotel). With Chapters in New York, Miami, Dallas and Houston, the NEAA is a national alliance of institutional and individual high net worth investors as well as family offices who seek to effect economic change by supporting the entrepreneurial growth and development of micro- and small cap companies. NEAA members help nurture those…

MondayJun 20, 2011 10:47 am

Joe’s Jeans, Inc. (JOEZ) Expands to the Middle East, Opens First Store in Dubai

California-based Joe's Jeans Inc. designs, manufactures and sells apparel and related products to the retail and premium markets under the Joe's brand and related trademarks. The company's product line includes jeans for both men and women, pants, shirts, sweaters, jackets, and women's handbags, shoes, belts, and other leather goods along with a line of children's items. The company announced today that it has expanded its retail store strategy through the opening of its first store in Dubai at the Mirdif City Center. This is a world-class shopping destination with over 200 stores new and unique to the United Arab Emirates.…

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Month: June 2011