October 2011 - Page 9 of 25

ThursdayOct 20, 2011 10:53 am

ERF Wireless, Inc. (ERFB) Banking Segment Grows Revenues

ERF Wireless is a leading provider of enterprise-class wireless and broadband products and services. The company specializes in providing its solutions to enterprise, commercial and residential clients on a regional, national and international basis. The company announced today that its Enterprise Network Services (ENS) division has been working with existing banking customers in Texas and Louisiana to meet their needs for expanded and upgraded services. This activity includes the addition of new service areas that accommodate growing wireless network coverage needs. The ENS division recently completed the addition of one new branch location for one bank and is in the…

ThursdayOct 20, 2011 9:43 am

Rainbow Coral Corp. (RBCC) Creates New Division to Enter $84.6 Billion Global Biotechnology Market

Rainbow Coral Corp. announced the creation of a new division – Rainbow BioSciences, LLC – to pursue opportunities in the thriving global biotechnology sector. The biotech industry has shown tremendous gains recently, with all biotech EFTs notably outperforming the S&P 500 in the last five years. The global biotech industry, led by the United States, was valued at $84.6 billion in 2010 and is expected by numerous analysts to increase to $103 billion by the year 2013. Biotech companies in the industry’s more traditional centers of Canada, Europe, Australia, and the U.S had a record setting 2010, with 30-percent net…

ThursdayOct 20, 2011 9:26 am

Yucheng Technology Ltd. (YTEC) Named Number One Banking IT Service Provider in the Chinese Banking Industry by International Data Corp.

Yucheng Technology Limited, a leading IT service provider to the Chinese banking industry, today announced that the International Data Corporation (IDC) has named Yucheng the No. 1 Banking IT solution provider in China for calendar year 2010. Yucheng's market share rose from 4.3 percent in 2009 to 5.2 percent in 2010. IDC ranked Yucheng first as an IT solution provider, by revenues and market share, for the first time in three years; second in both Channel Solutions and Management Solutions; first for e-banking solutions including loan management solutions and business intelligence solutions; and third in risk management solutions, intermediary business…

ThursdayOct 20, 2011 8:18 am

Small Cap Voice: Atlantic Canada Junior Miner Poses Significant Opportunity in Tough Global Economic Climate

The savvy investor realizes that the rattling of the stock markets over the last few months is based upon fears stemming from European financial woes, but sees the opportunities that are presented as a result of the turmoil. Warren Buffett is forever quoted for trading principles capitalizing on other people’s fears because the situation depresses stock valuations that are often times unjustified and thins the investment community which allows for significant opening positions. Gold and other metals have been widely publicized recently with the retraction in values, boosting the upside gains to the still strong future estimates as compared to…

WednesdayOct 19, 2011 4:35 pm

QualityStocks Supports National Breast Cancer Awareness Month

Breast cancer is the second leading cause of cancer deaths among women in the United States. In this year alone, approximately 40,000 women will die and 230,000 will be diagnosed with breast cancer. October is national breast cancer awareness month and we’re joining the fight against the disease. This year we’re supporting the cause through a donation to the National Breast Cancer Foundation (www.nationalbreastcancer.org). This organization not only helps fund free mammograms for women who are unable to afford them, but also supports breast cancer research programs. We have also donated to Mighty Oaks Foundation (www.mightyoaksfoundation.com) and Friends of Mel…

WednesdayOct 19, 2011 4:30 pm

Sunesis Pharmaceuticals (SNSS) Announces $25 Million Tranched Loan Facility

Shortly after the closing bell today, Sunesis Pharmaceuticals, Inc. reported that it has secured a $25 million tranched loan facility. Under the terms of the loan agreement, Sunesis received $10 million upon closing, with the remaining $15 million available for draw at its discretion following the planned interim analysis of the VALOR trial by an independent Data and Safety Monitoring Board (DSMB), which is expected in mid-2012. The company intends to use the funds to support the clinical development activities related to VALOR, a Phase 3, multinational, randomized, double-blind, placebo-controlled, pivotal clinical trial of vosaroxin in combination with cytarabine in…

WednesdayOct 19, 2011 3:55 pm

Axion International Holdings, Inc. (AXIH) Recycled Structural Composite Technology Named a Top 3 Worldwide Innovation by R&D Magazine

Axion International Holdings, Inc., a leader in Recycled Structural Composite (RSC)™ technology used in producing railroad ties and bridges, announced today that R&D Magazine named the company’s I-beam design as one of the Top 3 worldwide innovations of 2011. The announcement came after receiving one of only three R&D 100 Editor's Choice Awards at the R&D 100 Awards Ceremony in Orlando, Florida on October 13th. For almost 50 years, the prestigious R&D 100 Awards have recognized the year's best new high-technology products. Determined by a panel of experts chosen by R&D Magazine, the award recognizes the most important innovations of…

WednesdayOct 19, 2011 3:51 pm

StrikeForce Technologies, Inc. (SFOR) Teams up with Veratad Technologies to Offer a Comprehensive Compliance Platform Nationwide for New FFIEC Guidance

StrikeForce Technologies, known for providing extremely robust online identity theft and data security measures, solidified a strategic partnership with online/real-time and batch identity verification, as well as knowledge based authentication (KBA) solutions provider Veratad Technologies, LLC to provide a comprehensive suite for financial institutions across the country, so that they can readily meet upcoming January 2012 FFIEC (Federal Financial Institutions Examination Council) compliance deadlines. The June 28, 2011 FFIEC, authentication in internet banking environments supplement, overhauled the 2005 guidance and strongly moves the risk management framework for the policy into a much stronger position from the standpoint of customer authentication…

WednesdayOct 19, 2011 3:48 pm

Location Based Technologies, Inc. (LBAS) PocketFinder GPS Released as Apple Store Exclusive

Location Based Technologies, Inc. today announced the availability of its PocketFinder GPS personal locator device. The device is currently available for purchase in the U.S. and Canada, exclusively at Apple retail stores. The device is able to work in conjunction with Apple's iOS devices via free apps that have been released on the iOS App Store. Currently, Location Based Technologies primarily produces the PocketFinder device. PocketFinder is described by LBT as rugged, waterproof, and highly portable, able to be carried in a pocket, purse or backpack. The device provides in real time the location of the device within ten feet.…

WednesdayOct 19, 2011 1:28 pm

NeoGenomics (NGNM) Posts Second Quarter of YoY Increases, Reiterates Swing to Profit Q4 Guidance

NeoGenomics Inc., a leading provider of cancer-focused genetic testing services, today reported its results for the third quarter 2011. The company reported quarterly revenue at $11.3 million, an increase of 30 percent compared to the $8.7 million reported in the third quarter 2010. Gross margin remained essentially flat at 44.8 percent in the 2011 quarter compared to 44.7 percent reported in last year's third quarter. NeoGenomics reported a net loss for the quarter of $143,000, or ($0.00) per share, compared to a net loss of $1.1 million, or ($0.03) per share, in the third quarter 2010. Doug VanOort, the company's…

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Month: October 2011