April 2012 - Page 15 of 18

ThursdayApr 05, 2012 5:24 pm

ChromaDex Corp. (CDXC) is Issued First Patent for Pterostilbene, the Powerful, Innovative Ingredient in its BluScience™ Line of Dietary Products

ChromaDex, an innovative natural products company that provides proprietary, science-based solutions and ingredients to the dietary supplement, food & beverage, cosmetic, and pharmaceutical industries, has been awarded patent #8,133,917 from the U.S. Patent and Trademark Office. This patent concerns the ingredient pterostilbene, which is licensed exclusively to ChromaDex; it is also the first ChromaDex-licensed patent issued for pterostilbene, while several more patents are pending. The three primary components in this patent, which encompasses the pharmaceuticals market as well as the nutraceutical market, pertain to: 1. A method of lowering lipid levels and to treat or reduce the risk of dyslipidemias…

ThursdayApr 05, 2012 3:49 pm

GenMark Diagnostics, Inc. (GNMK) Announces Agreement with Advanced Liquid Logic to Develop an All-Electronic, Fully Integrated Diagnostic Platform

Today, GenMark Diagnostics announced it has entered into a heads of agreement with Advanced Liquid Logic (ALL) defining the key terms of a collaboration between the two companies. GenMark and ALL will co-develop an all-electronic, fully integrated in-vitro diagnostic platform that unites ALL’s proprietary electrowetting technology with GenMark’s proprietary electrochemical detection. The partnership will leverage the unique technologies and capabilities of both companies, delivering a digital sample-to-answer in-vitro diagnostic platform. The initial focus will be on multiplex molecular testing, followed by efforts in other diagnostics areas such as protein detection and point-of-care testing. The companies anticipate these efforts will redefine…

ThursdayApr 05, 2012 3:33 pm

Beacon Equity Research Featured Company: Uranium Energy Corp. (UEC)

Uranium Energy is a U.S.-based exploration and development company focused on uranium production in the U.S. The company's operations are managed by professionals who have earned a reputable profile through many decades of hands-on experience in the key facets of uranium exploration, development, and mining. The company is the newest uranium producer in North America, operating the first new uranium mine in the U.S. in over 6 years. In 2011, Uranium Energy completed its first full year of production with a cumulative total of 236,000 lbs. of uranium produced at average cost of $16 per pound, which the company then…

ThursdayApr 05, 2012 12:30 pm

Lake Shore Gold Corp. (LSG) Reports Better Than Expected Q1 Production, Continued Development, On Target for 2012 Production

Today, Lake Shore Gold, the rapidly growing mineral developer focused on dynamic exploration/acquisition, in addition to ongoing activity at the company’s three wholly-owned, multi-million ounce, producing gold complexes in the Timmins Gold Camp in Ontario (Timmins West, Bell Creek, and Fenn-Gib), reported Q1 operating results, which are well in-line for (if not exceeding) 2012 production targets: • Total Q1 gold production of 16.68k oz from some 160.5k tonnes of ore at 3.4g/t (that’s a 95.1% recovery rate, vastly exceeding 15k guidance figure) • Gold poured to mill production of 16.18k oz, with total sales at 18.4k oz ($1690 avg. price)…

ThursdayApr 05, 2012 12:16 pm

American Energy Corp. (AEDC) Identifies Second Well Location; Prepares Area for Drilling

American Energy Development, an independent U.S. energy company, today announced it has identified its second well location on the 1,343-acre Dansville Prospect in Southern Michigan, with spudding scheduled to begin later this month. The Cremer 1-1 well is the second of a series of wells planned on the prospect, and AED said it believes Cremer 1-1’s reef structure to be comparable in pinnacle height to the company’s successful Brown 2-12 well, which is located approximately one mile away. "The success at Brown 2-12 has provided a road map for development at Cremer 1-1," Herold Ribsskog, president of AED stated in…

ThursdayApr 05, 2012 12:08 pm

Echo Therapeutics, Inc. (ECTE) Expands Patent Portfolio with Issuance of Claims for Two Key Systems

Echo Therapeutics announced today the issuance of patents covering its Prelude® SkinPrep System for transdermal drug delivery, as well as a notice of allowance for a patent for its Symphony® tCGM System, a non-invasive, wireless, transdermal continuous glucose monitoring system. Patent approval extends the company’s current patent portfolio, which is comprised of six U.S. patents; more than 60 foreign patents; and more than 30 patent applications pending, both in the U.S. and abroad. "The issuance of these patents further broadens Echo's already extensive intellectual property portfolio surrounding Prelude and Symphony and represents a valuable asset for Echo," Patrick Mooney, M.D.,…

ThursdayApr 05, 2012 9:18 am

VirtualScopics, Inc. (VSCP) Accepts Investment in New Business Venture from the Merck Global Health Innovation Fund

VirtualScopics, a leading provider of quantitative imaging, today announced they have finalized the initial closing in their sale of a new series of convertible preferred stock to the Merck Global Health Innovation Fund. The stock will be purchased for $3 million, with an additional $3 million investment contingent on the achievement of certain milestones. This sale is a portion of a larger investment to deliver funding for VirtualScopics’ efforts to grow its quantitative imaging technology into new markets, such as personalized medicine. VirtualScopics’ existing model employs its quantitative imaging technology for the characterization of structural and functional information, facilitating early…

ThursdayApr 05, 2012 8:38 am

TiVUS, Inc. (TIVU) Appoints Steven D. Truckenmiller Executive VP

Today before the opening bell, TiVUS announced it has named Steven D. Truckenmiller as executive vice-president (EVP) of channel partners. "I am pleased Mr. Steve Truckenmiller has joined TiVUS' management," stated Shiva Prakash, TiVUS' chief executive officer. "Steve is a 25-year veteran of LodgeNet Interactive Corp. (NASDAQ: LNET), and brings a wealth of knowledge, experience, and industry relationships to TiVUS. We, of course, believe his unparalleled pedigree will be of enormous value in steering a course for our continued growth. "As EVP of channel partners, Steve will be responsible for developing industry sales and distribution channels, effectively creating a complete…

ThursdayApr 05, 2012 8:25 am

ProGaming Platforms Corp. (PPTF) Announces Finalization of New Multiplayer Rewards-Based Puzzle Game

ProGaming Platforms Corp., developer of a commercial multiplayer online gaming and reward processing platform, today announced the finalizing of its latest product, a pioneering multiplayer puzzle game that is integrating ProGaming's revolutionary platform. The game showcases the company’s capability to transform virtually any Web game into a multiplayer competitive game of skill using its versatile platform. A demonstration of ProGaming's new puzzle game can be seen on the Company's product Web site at the following link: www.progamingcorp.info The focus of the platform will first be on serving the online advertising industry by allowing different organizations to hold multiplayer tournaments for…

WednesdayApr 04, 2012 3:01 pm

Socket Mobile, Inc. (SCKT) Celebrates 20 Years of Industry Leadership and Innovation

Mobile productivity solutions company Socket Mobile celebrates its 20th anniversary this year. Since 1992, the company has specialized in building an extensive suite of portable computing, data collection, and remote networking hardware that has helped industries across the globe – including healthcare, hospitality, and retail – meet the demands of an ever-growing mobile workforce – at the same time eliminating manual processes and maximizing efficiency in critical business applications. Known as Socket Communications at its inception, the company began with a vision of a mobile workforce that could collect, access, and communicate data in any mobile work environment. Since those…

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Month: April 2012