August 2011 - Page 14 of 25

FridayAug 12, 2011 4:11 pm

International Fuel Technology Inc. (IFUE) Announces Repeat Purchase Made by PREOL

International Fuel Technology (“IFT”), a company that develops fuel additive product formulations that enhance the performance of petroleum-based fuels and renewable liquid fuels, recently announced that Czech Republic bio-diesel manufacturer PREOL has made a repeat purchase of its PerfoLiFTBD-8 through distribution partner Nordmann Rassmann Czech Republic. PerfoLiFT BD-8 is a part of the PerfoLiFT BD-Series of fuel additive formulations that offers superior oxidation stability and deposit formation control to bio-diesel of underlying sources. PREOL, a private company that is located in Lovosice, Czech Republic, is the biggest Czech Republic producer of bio-diesel with a current capacity of more than 100,000…

FridayAug 12, 2011 3:37 pm

Nexxus Lighting Inc. (NEXS) Posts 206% Increase in Q2 Revenue

Nexxus Lighting Inc. today reported its second quarter 2011 results, reflecting a significant boost in sales and an expansion of its patent portfolio. Total revenue for the three months ended June 30, 2011, increased 206 percent to approximately $4.0 million compared to approximately $1.3 million for the comparable quarter of 2010. Gross profit for the second quarter ended June 30, 2011, was approximately $1.0 million, or 25 percent of revenue, compared to approximately $433,000, or 33 percent of revenue, for the comparable period of 2010. Nexxus reported a net loss for the second quarter of 2011 of $868,000, or $(0.05)…

FridayAug 12, 2011 3:29 pm

Loreto Resources Corp. (LRTC) Enters Into Farm in Agreement

Loreto Resources Corp. reported that it has entered into an agreement under which the company can earn a working interest in various oil and gas leases in the Maverick Basin in South Texas. Loreto Resources signed a non-binding letter of intent with Eagleford Energy Inc., which holds a working interest in the Matthews and Murphy leases located in Zavala County, Texas. The agreement allows the company to earn up to a 50% working interest in the leasehold. Loreto Resources is required to spend between $2 million and $2.5 million to support the development program underway on the properties. Under this…

FridayAug 12, 2011 3:27 pm

American Community Development Group, Inc. (ACYD) Adds Askia Aquil to Advisory Board to Support Property Expansion

In recent news, American Community Development Group, Inc. announced the addition of Mr. Askia Mohammed Aquil to its advisory board. With more than two decades of experience in executive leadership, management and development of housing programs, Mr. Aquil has been and will continue to be instrumental in corporate discussions regarding expansion into other markets and access to additional nonprofits groups, agencies and grant funding opportunities. Askia served 11 years as Executive Director of St. Petersburg Neighborhood Housing Services, Inc., a national NeighborWorks® affiliate and community housing development. During his tenure, he gained extensive construction management-related experience as Assistant Project Engineer…

FridayAug 12, 2011 3:02 pm

ZBB Energy Corp. (ZBB) Awarded Million Dollar Contract from the Navy for Energy Storage System

ZBB Energy Corp., the leading developer of intelligent, renewable energy power platforms, announced today that they will provide the US Navy with a 1000kWH / 500kW-rated energy storage system for use in a micro-grid application at the San Nicolas Island Naval Facility in the Catalina Islands, near Los Angeles, California. The system will utilize ZBB's newly branded EnerSystem(TM) technologies, comprised of ZBB's Power & Energy Control Center (PECC) and next generation Version 3 Zinc Bromide flow battery modules. ZBB's technology EnerSystem (TM) will be tested and certified to maintain power quality and perform load management for off peak power of…

FridayAug 12, 2011 12:50 pm

Save The World Inc. (ZERO) and Temple University Sign Exclusive Licensing Agreement

Located in Santa Barbara, California, Save The World Inc. (“STWA”) has quickly earned a reputation in their sector as a pioneering company known for creating technology focused on energy efficiency of large-scale energy production and improved fuel economy for diesel fleets. Today, STWA announced they have signed a new exclusive licensing agreement with Temple University. The new licensing agreement will reflect updated technologies and terms covering intellectual property related to the corporation’s products. The agreement provides for a convergent, non-divisional relationship with Temple University based largely on the grant of exclusive rights and co-ownership of future Intellectual Property (IP) through…

FridayAug 12, 2011 10:37 am

Neostem, Inc. (NBS) Video Chart for Friday, August 12, 2011

NBS has suffered a sharp fall recently, but has established some support at 60 cents with volume remaining above average. Technical traders will have their eyes mostly on support as there is not a lot of resistance until up in the area of 80 cents. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

FridayAug 12, 2011 9:00 am

PositiveID Corp. (PSID) Multiplex Bio Threat Assay Validated by the Department of Homeland Security

PositiveID Corp., a developer of medical technologies for diabetes management, clinical diagnostics and bio-threat detection, announced today that the US Department of Homeland Security Science and Technologies Division has validated the performance of the recently launched Multiplex Bio Threat Assay (PSIDMBA) through an in-house blind study that took place over a year in a major east coast US City. Intended for investigative and research use, the PSIDMBA offers rapid, accurate and efficient multiple organism identification in a cost-effective manner. Currently available methods require up to 16 times more sample, are more costly per signature and are not amenable to high-throughput…

FridayAug 12, 2011 8:53 am

Nephros, Inc. (NEPH) Files 510(k) Application with the Food and Drug Administration (FDA)

Nephros, Inc. announced that on August 11, 2011 they filed a 510(k) application with the Food and Drug Administration (FDA) for clearance of their hemodiafiltration system. Nephros is a medical device company developing and marketing filtration products for therapeutic applications, infection control, and water purification. Nephros, Inc. has their headquarters in River Edge, New Jersey. Dr. Paul Mieyal, acting CEO of Nephros, Inc., said, "Nephros is pleased to have filed this new application for clearance of its hemodiafiltration system. We thank King & Spalding for the firm's counsel during the process, and we look forward to the FDA's review of…

ThursdayAug 11, 2011 5:04 pm

ThermoEnergy Corp. (TMEN) Posts Q2 Results reflecting Dramatic Growth in Sales

ThermoEnergy Corp., a diversified technologies company engaged in the municipal and industrial wastewater treatment and power generation technologies, today announced its second-quarter financial and operational results for the three months ended June 30, 2011. Revenues for the second quarter of 2011 increased 51 percent to $1.4 million compared to $0.3 million in the second quarter of 2010. Revenues for the first half of 2011 increased 70 percent to $2.4 million compared to $1.4 million in the first half of 2010, reflecting the company’s transition from legacy business to its new business model. Net loss for the second quarter of 2011…

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Month: August 2011