June 2012 - Page 13 of 18

MondayJun 11, 2012 2:57 pm

Beacon Equity Research Featured Company: Quamtel, Inc. (QUMI)

Quamtel is a communications company offering, through its subsidiaries, a comprehensive range of mobile broadband and communications products and services designed to meet the individual needs of consumers, businesses, government subscribers, and resellers. The company provides focused communications solutions to its targeted subscriber groups, incorporating the capabilities of its mobile broadband and communications services. QuamTel was founded in 1996 to deliver managed pre-paid global communication products and services. Through WQN and DataJack, its subsidiaries, QuamTel markets to individuals and businesses, with a focus on international populations in the U.S. and Canada that are looking for an easy, cost-effective way to…

MondayJun 11, 2012 1:49 pm

FluoroPharma Medical, Inc. (FPMI) Board of Directors Provide Invaluable Experience and Direction

It’s hard to imagine a successful company without a board of directors that is insightful, responsible, and comfortable with any technologies involved in the company’s products or operations. A board is, after all, generally responsible for formulating and establishing broad company objectives, thereby setting the general direction of the company. In the case of FluoroPharma Medical, a Boston-based developer of proprietary medical diagnostic imaging products for use with positron emission tomography (PET) scanning systems, the emphasis is on the technology side of the equation, reflected strongly in the company’s small but critical board of directors made up of the company’s…

MondayJun 11, 2012 12:20 pm

Tengion, Inc. (TNGN) Reports Continued Clinical Progress on Neo-Urinary Conduit

Tengion is a clinical-stage regenerative medicine company currently focused on developing its Organ Regeneration Platform to harness the regenerative pathways of the body to regenerate a range of tissues with the goal of delaying or eliminating the need for chronic disease therapies, and even organ transplantation. Its most advanced product candidate is Neo-Urinary Conduit, an implant that is intended to catalyze regeneration of urinary tissue in patients with bladder cancer, following bladder removal. The Neo-Urinary Conduit is a combination of a patient's own cells and a bioabsorbable scaffold that is intended to catalyze regeneration of a native-like urinary tissue conduit,…

MondayJun 11, 2012 8:38 am

Green Technology Solutions, Inc. (GTSO) Subsidiary Signs Joint Venture Agreement

GTSO Resources, subsidiary of Green Technology Solutions, signed a joint venture agreement with Alaskan mining company, Diamond V Associates, Inc. (www.akdva.com). The joint venture represents a major step forward in the company’s mission to deliver tungsten and other minerals to a thriving global demand. GTSO will provide funding and business expertise in exchange for DVA’s expertise in researching, planning, and developing promising reserves of tungsten and other valuable metals in North America and Africa. Both companies have been prospecting and reviewing resources and will now engage to target and evaluate new and existing mineral excavation opportunities globally. “After months of…

MondayJun 11, 2012 8:30 am

Optical Cable Corp. (OCC) Announces New Record for Quarterly Sales, Increased Gross Profit, and Net Income

Optical Cable announced Friday that its financial results for its second fiscal quarter, which ended April 30, 2012, show impressive growth compared to the same period in fiscal year 2011. OCC increased net sales, gross profit, and net income for both the quarter and year-to-date periods. Second Quarter 2012 Financial Results OCC’s consolidated net sales for the second quarter of fiscal year 2012 were the highest in OCC’s history. Net sales increased an impressive 28.3% to $22.1 million, compared to the $17.2 million mark for the same period last year. Increased sales of the OCC’s fiber optic cable products are…

MondayJun 11, 2012 8:20 am

GlobalWise Investments, Inc. (GWIV) Partners with Sycle.net

GlobalWise Investments and its wholly owned subsidiary Intellinetics, a leading-edge technology company focused on the design, implementation, and management of public/private cloud-based Enterprise Content Management (“ECM”) systems for public and private sectors, announced a Channel Sales Partnership with Sycle.net this morning. The largest provider of cloud-based Enterprise Resource Planning (ERP) software systems specifically designed for hearing care practice management, Sycle.net has unique, web-based solutions that enable clients to access patient data anywhere, anytime from any place. Serving more than 6,000 audiology clinics and 18,000 users, Sycle.net is an industry leader in the United States, serving over 65% of the audiology…

MondayJun 11, 2012 8:00 am

RF Industries, Inc. (RFIL) Subsidiary Receives $1.4 Million in Orders from U.S. Wireless Carrier

RF Industries recently announced that its subsidiary, Cables Unlimited (CU), has received $1.4 million dollars in orders for its newly designed OptiFlex™ Hybrid Custom Fiber Optic & DC Power Cabling solution. The cabling units will be shipped to a contract installer and major RRU manufacturer for a tier-one United States wireless carrier. CU expects to deliver the majority of the contract in the current fiscal year. RF Industries’ CEO, Howard Hill, remarked, "Working closely with the RRU manufacturer and the tier one carrier, CU's product development team designed OptiFlex Hybrid Cables to be an advanced, lower cost, lighter 'plug and…

FridayJun 08, 2012 3:21 pm

TurboSonic Technologies, Inc. (TSTA): Latest Technology Installation Confirms Regulatory Compliance

Clean air technologies company TurboSonic Technologies today announced that the latest installation of its Catalytic Gas Treatment™ (CGT) technology was tested and confirmed as compliant with U.S. EPA air pollution control regulations for the Plywood and Composite Wood Products Industry. Edward Spink, TurboSonic CEO, said the testing and confirmation symbolizes advancements in recognition and industry acceptance of its technology. "This is an exciting milestone in our strategic plan aimed at industry requirements for compliance with air pollution control regulations, while capitalizing on technologies offering additional economic advantages,” Spink stated in the press release. “We see this as the next step…

FridayJun 08, 2012 3:01 pm

China Sunergy Co., Ltd. (CSUN) Introduces QSAR Modules at Thailand’s International Exhibition of Environmental Protection and Pollution Control Technology

China Sunergy, a specialized manufacturer of solar cells and modules, today held a large promotional event in Bangkok, Thailand. The company introduced its high-efficiency QSAR modules to officials from the Thailand Provincial Electrical Authority, local banks, customers, and investors, including well-known local EPCs and distributors. The event coincided with the high profile International Exhibition of Environmental Protection and Pollution Control Technology. This event takes place in Bangkok and attracts government officials and executives of major international corporations, as well as exhibitors from more than 20 countries. Dr. Jianhua Zhao, CTO of China Sunergy, delivered a presentation at the event introducing…

FridayJun 08, 2012 2:36 pm

Searchlight Minerals Corp. (SRCH) Secures $4.05M Placement with Luxor Capital Group, Appoints Business/Finance Veteran to Board

Searchlight Minerals, the Arizona/Nevada-focused, exploration stage mineral developer known for their Clarkdale Slag Project (slag reclamation project pulling in precious and base minerals from the United Verde Copper Mine) and their Searchlight Gold Project, reported that the equity financing deal with Luxor Capital Group, LP was successfully completed (deal occurred yesterday, June 7). In addition to the rousing news of the equity financing deal, that has seen 4.5M shares of SRCH common stock change hands at the price of $0.90/share, generating proceeds of some $4.05M, Searchlight also announced that 35-year international banking and financial business management veteran, John E. Mack…

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Month: June 2012