May 2012 - Page 19 of 20

ThursdayMay 03, 2012 8:19 am

Echo Therapeutics, Inc. (ECTE) Reports Positive Results from Symphony tCGM System Clinical Trial

Echo Therapeutics yesterday announced positive results from its clinical trial of the Symphony tCGM System, a needle-free, noninvasive, wireless, transdermal continuous glucose monitoring system. This study, conducted in 15 elective cardiac surgery patients, has been the first of two studies the company is conducting in critically ill patients; results from the second study are expected later this quarter. As evidenced in data from the study, Symphony successfully and continuously monitored glucose levels in Boston’s Tufts Medical Center cardiothoracic surgical intensive care unit. Data analysis also demonstrated that Symphony was accurate in reading glucose levels, with a mean absolute relative difference,…

WednesdayMay 02, 2012 4:36 pm

Novatel Wireless, Inc. (NVTL) and NexTraq Ink Supply Agreement for Fleet Management System

Novatel Wireless, provider of intelligent wireless networking solutions, today announced it has signed a supply agreement with NexTraq, provider of GPS fleet tracking and vehicle management solutions, in which Novatel Wireless will supply its MT 3000 device for NexTraq's GPS fleet tracking solution. The Novatel Wireless MT 3000 is designed to improve productivity while reducing costs for fleet customers. The MT 3000 differs from wired telematics devices in that it is a plug-and-play device with internal antennas, which eliminates vehicle installation costs and associated vehicle out-of-service time. The MT 3000 features include GPS location, ignition, geo-fencing, trip reporting and events,…

WednesdayMay 02, 2012 4:17 pm

Phototron Holdings, Inc. (PHOT) Announces Progress of Growth Strategy and Acquisitions

Phototron Holdings, a technology supplier to the hydroponic growing industry, detailed its consolidation strategy as the company integrates its acquisition of SG Technologies and its pending acquisition of Greners.com, the largest on-line supplier of hydroponic equipment in North America. Phototron Holdings’ acquisition of SG Technologies and the pending acquisition of Greners.com are the first steps in what Phototron Holdings calls a “comprehensive roll-up strategy” to rapidly build shareholder value through acquisition of profitable players in the grow technology and lifestyle space. SG Technologies’ provides LED technology products that Phototron Holdings CEO Sterling Scott says are complimentary and already incorporated into…

WednesdayMay 02, 2012 2:44 pm

StockGuru Featured Company: XcelMobility, Inc. (XCLL)

XcelMobility is engaged in researching, developing, and commercializing technologies for mobile Internet users. Based in the United States, XcelMobility offers innovative products that substantially enhance the Internet performance of smartphones, tablets, and netbooks when connected to cellular users. The company believes that shareholder value is best served through initial product commercialization in the Asian marketplace before global product rollout, due to the vast mobile market and widespread mobile Internet usage in Asia. XcelMobility’s flagship product is the Mach 5 Xcelerator, which gives users the fastest available browsing experience for phones, tablets, and mobile computers. Some of the world’s largest cellular…

WednesdayMay 02, 2012 1:01 pm

The FluoroPharma Medical, Inc. (FPMI) Business Strategy

FluoroPharma Medical intends to lead in the discovery, development, and commercialization of innovative and targeted molecular imaging pharmaceuticals that improve disease detection, management, and overall patient care. The company’s focus has been chemical tracer agents that are used in conjunction with positron emission tomography (PET), allowing PET scans to detect various biological processes occurring deep within the body. Such detection is valuable for identifying potential early stage disease, as well as being a tool for researchers. Specific steps the company is taking or planning to take include the following: • Seek regulatory approval in the U.S. and other countries for…

WednesdayMay 02, 2012 11:35 am

Full House Resorts, Inc. (FLL) Gets Financing for Silver Slipper Casino Acquisition

Full House Resorts develops, manages, and owns gaming facilities across the country. The company owns the Rising Star Casino Resort in Rising Sun, Indiana, Stockman's Casino in Fallon, Nevada, and also operates the Grand Lodge Casino at the Hyatt Regency Lake Tahoe Resort in Incline Village, Nevada. In addition, it has management agreements to run the Buffalo Thunder Casino and Resort in Sante Fe, New Mexico, along with two other casinos in New Mexico – Cities of Gold and Sports Bar casinos. The company today reported that it has obtained financing commitments for new credit facilities totaling $75 million. These…

WednesdayMay 02, 2012 10:43 am

StockGuru Featured Company: Payment Data Systems, Inc. (PYDS)

Payment Data Systems is a provider of integrated payment solutions for merchants and billers, and the company delivers world-class payment acceptance through its vast suite of products. Offering specifically tailored solutions for card issuance, payment acceptance, and bill payments, Payment Data Systems has data solutions for merchants, billers, banks, service bureaus, and card issuers. Payment forms offered by Payment Data Systems include all forms of automated clearing house (ACH) processing from accounts receivable conversion (ARC) to returned check collection (RCK); credit card acceptance or merchant services with connections to all processors – whether taken via the Web or at a…

WednesdayMay 02, 2012 8:42 am

Beacon Enterprise Solutions, Inc. (BEAC) Reports Fiscal Q2 2012 Results

Beacon Enterprise Solutions Group, an emerging global leader in the design, implementation, and management of high performance Information Technology Systems ("ITS") infrastructure solutions, today announced its fiscal second quarter financial results for the period ended March 31, 2012, which are discussed below: Highlights of the Fiscal Second Quarter and Six Months ended March 31, 2012, include: • 4% increase in net sales for the six-month period compared to a year earlier; • Gross profit increased 38% from $2.6 million to $3.6 million; • Gross profit margins increased 9 basis points to 37% from 28% in Q2 compared with the corresponding…

WednesdayMay 02, 2012 8:25 am

GlobalWise Investments, Inc. (GWIV) Secures New Channel Sales Partnership; Raises Profile within Healthcare Markets

GlobalWise Investments and its wholly owned subsidiary Intellinetics, a leading-edge technology company focused on the design, implementation, and management of cloud-based Enterprise Content Management ("ECM") systems in both the public and private sectors, announced this morning that a new Channel Sales Partnership has been signed; this time with the eVero Corporation. The eVero Corporation (www.evero.com) has been an information technology (IT) solutions provider to the Health and Human Services marketplace for more than a decade, primarily serving government agencies, health care institutions, medical billing companies, and large health service organizations that focus on developmentally disabled patients. eVero enables their clients…

TuesdayMay 01, 2012 4:14 pm

Northwest Biotherapeutics, Inc. (NWBO) Receives $5.5M Grant to Cover Manufacturing and Clinical Trial Costs

Northwest Biotherapeutics, a biotech company focused on developing improved immunotherapy products to treat cancers, today announced that, working together with the Fraunhofer Institute (IZI), it has received approval of a $5.5 million grant from the Sachsische Aufbau Bank (SAB or Saxony Development Bank) in Germany. Funding for the grant has been provided by the German Federal State of Saxony and the European Union. The grant will reimburse 50 percent of the manufacturing costs in Germany, as well as for NW Bio's clinical trial with DCVax®-L for brain cancer at up to 30 clinical sites in Germany. NW Bio said it…

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Month: May 2012