June 2011 - Page 5 of 32

MondayJun 27, 2011 3:50 pm

Mount Knowledge Holdings, Inc. (MKHD) Signs Letter of Intent with C2 Technologies Inc. to Purchase Intellectual Property

Mount Knowledge Holdings, Inc., an educational software development and sales company that offers proprietary learning software products and teaching services, has announced that on May 27, 2011 it had signed a Letter of Intent with C2 Technologies, Inc. of Vienna, VA in order to obtain 100% ownership of the company. The ownership will include all of C2 Technologies’ intellectual property. "We are thrilled to be acquiring a recognized market leader in e-learning technologies for human performance improvement, which is proudly servicing most U.S. Federal Government agencies as well as several Fortune 500 companies. C2's award-winning technology and product implementation will…

MondayJun 27, 2011 2:28 pm

Airline Intelligence Systems Inc. (ASYI) Revolutionizes Airline Business Planning

There are few industries as volatile and time sensitive as the airline industry. Dependent upon a host of sometimes wildly fluctuating variables, not the least of which is the price of fuel, and with competition carving margins close to the bone with every flight, truly comprehensive and timely business planning has been little more than a dream for airlines. Not only is it difficult to derive and obtain the type of data necessary for meaningful calculations, as opposed to relying upon historical flight information, it has also been impossible to adequately process it. The tools have not been sophisticated enough…

MondayJun 27, 2011 1:23 pm

Newport Digital Technologies, Inc. (NPDT) Management Team Negotiates Critical Partnerships

Newport Digital Technologies, a California based company specializing in LED lighting and digital signage solutions for a wide range of applications, has staked its future growth on establishing critical partnerships. As an example, Newport Digital has become an authorized LG Electronics (LGE) USA reseller, providing the company access to LGE’s rich technology resources and solutions. The company is focused on selling these solutions to the sports, entertainment, retail, education, government, and hospitality markets. Newport Digital also has a long-standing relationship with Taiwan’s premier technology incubators, III and ITRI, which allows the company to access and develop advanced technologies generated by…

MondayJun 27, 2011 12:56 pm

Metropolitan Health (MDF) to Acquire ContinuCare (CNU), Maximize Expansion Potential

Metropolitan Health Networks Inc. today announced it will Continucare Corp. in a cash and stock transaction valued at approximately $416 million, creating a healthcare service provider to more than 68,000 Medicare Advantage and Medicaid customers. The combined company will own 31 primary care medical practices in 18 Florida counties, utilizing a network of more than 250 contracted, independent, primary care practices. Combined, the companies said they estimate approximately $660 million in annual revenue, based upon their respective results for the 12 months ended March 31, 2011, and more than $90 million in earnings before interest, taxes, depreciation and amortization (EBITDA)…

MondayJun 27, 2011 12:44 pm

STAAR Surgical Co. (STAA) Completes First of Several Optical Procedures to Prepare for Full-Market Product Launch

STAAR Surgical Company, a developer, manufacturer and marketer of minimally invasive refractive lenses that go inside the eye, today announced it has completed the first of several procedures to implant Visian® Implantable Collamer® Lens (ICL™) V4c design. The Visian V4c, which received European CE Mark approval in April, was designed to optimize the flow of fluid within the eye. The CentraFLOW™ proprietary technology eliminates the need for a surgical YAG peripheral iridotomy procedure days before the ICL implant, which the company said provides a more comfortable, convenient ICL procedure overall. Dr. Erik Mertens, medical director and founder of the Medipolis…

MondayJun 27, 2011 12:42 pm

Passive Hypodermic Safety Syringe Introduced by MedPro Safety Products Inc. (MPSP)

MedPro Safety Products Inc. is a leading developer of safer medication delivery and blood collection systems. The company's injection and infusion products incorporate needlestick prevention features considered to be the most passive now available on the market as they require little or no clinical training as compared to competitive products. The company today announced the introduction of its hypodermic safety syringe. The device incorporates a proprietary safety shield that is automatically released during the administration of medicine, covering the needle as it is removed, and thereby enhancing the safety of both the patient and the health practitioner. MedPro's passive (automatic)…

MondayJun 27, 2011 12:40 pm

China Sunergy Co. Ltd. (CSUN) Subsidiaries Ink Deal to Ramp Annual Silicon Cell Production

China Sunergy Co. Ltd., a China-based specialized solar cell and module manufacturer, today announced that its fully owned subsidiaries China Sunergy (HK) Co. Ltd. and China Sunergy (Nanjing) Co. Ltd. are co-investing in a 1GW solar cells expansion project in Yangzhou City, with the first batch of 500MW solar cells production line is expected to be commercialized in the first half of 2012. The project will focus on the production of the newly developed Quasar cells, developed by China Sunergy, which have demonstrated the highest cell efficiency of 18.85 percent and an average efficiency of 18.55 percent from the best…

MondayJun 27, 2011 12:02 pm

Portage Resources, Inc. (POTG) is “One to Watch”

Portage Resources, Inc. is a start-up mineral company in the pre-exploration stage. The Company is focusing on the exploration and production of precious and base metals in Peru. They plan to recognize and acquire near-term production mining properties. The Company's sole mineral property, the ROK 1-20 Claims (the Portage Claims), was located in the Yukon Territory, Canada. In December 2009, the Company allowed the claims to lapse. Therefore, they have no further rights to the minerals associated with the ROK 1-20 claims. Subsequently, Portage Resources, Inc. has chosen Peru as their first area of expansion. Peru has a rich tradition…

MondayJun 27, 2011 11:58 am

Allied American Steel Corp. (AAST) Secures Industry Veteran Erik A. Ostensoe for Senior Exploration Adviser Slot

Allied American Steel, the exploration-stage mineral developer focused on iron ore and the typically associated titanium dioxide, reported the appointment of veteran geologist Erik A. Ostensoe, to the AAST management team today with the title of Senior Exploration Adviser. Chairman and CEO of AAST, Jes Black, commented on the appointment, which follows fast on the heels of the retention of another renowned geological mind, Richard Tschauder, as the Company’s Senior Geologist, saying that it is indeed auspicious to have secured such experienced personnel as activity at the Lake Touladi Property begins to pick up steam. Ostensoe has accumulated a vast…

MondayJun 27, 2011 10:17 am

California Gold Corp. (CLGL) Starts Mexican Exploratory Drilling Program

California Gold Corp. announced that it has started an exploratory drill program at a mining property in Mexico, which the company believes is prospective for tellurium, gold and silver. California Gold is involved with the AuroTelurio project, part of an 18,840 acre mining concession located in Sonora, Mexico. The company can earn up to an 80% interest in this project by spending $3 million over four years on the exploration and development of the property. California Gold said that the AuroTelurio project is situated near the La Bambolla mine, an existing producing mine owned by First Solar (FSLR). The property…

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Month: June 2011