January 2013 - Page 14 of 17

TuesdayJan 08, 2013 10:33 am

TNI BioTech, Inc. (TNIB) Secures the Exclusive Rights to Low Dose Naltrexone and Other Opioid Antagonists

Earlier today, TNI BioTech announced that it has entered into an agreement to acquire patent rights to a novel late-stage drug, trademarked “LDN,” for the treatment of Pediatric Crohn’s Disease. The patent acquired covers methods and formulations for treatment of the inflammatory and ulcerative diseases of the bowel, using naltrexone in low dose as an opioid antagonist. Endogenous opioids and opioid antagonists have been shown to play a role in stimulating and rebalancing the immune system and the healing and repair of tissues. As part of the agreement, TNI BioTech has obtained the right to apply to the Food and…

TuesdayJan 08, 2013 7:21 am

Pixelworks, Inc. (PXLW) Latest Video Processors to Debut in Ultra-High Definition TVs at CES

Innovative video and display processing technology pioneer Pixelworks announced yesterday that its latest MotionEngine video display processors will debut in 4Kx2K Ultra High Definition models from various Tier-one manufacturers at the Consumer Electronics Show this month. Establishing the new standard for immersive viewing, these new flat panel televisions deliver truly outstanding picture quality with 8 million pixels per frame, amounting to four times the resolution (3840 x 2160) of current full HD TVs. Due its fine pixel pitch, which creates a new level of realism and fidelity, Pixelworks’ latest video display processors are the ideal engine for driving higher resolutions…

TuesdayJan 08, 2013 7:19 am

Additional U.S. Government Facilities Select Viscount Systems, Inc. (VSYS) Freedom Security Software

Viscount Systems, a leading-edge supplier of security systems and software, this morning announced that its Freedom access control system has been installed at U.S. Federal Government facilities in two additional states. The systems include both Freedom Encryption bridge technology as well as Viscount’s new Freedom security user and card enrollment platform. Due to security precautions, the nature of the facilities and agency involved were not identified. “We continue to make progress in making Freedom the new defacto standard for securing Federal Government facilities,” commented Stephen Pineau, president and CEO.” Following successful pilot projects that demonstrated our ability to save agencies…

TuesdayJan 08, 2013 7:19 am

Dot Hill Systems Corp. (HILL) Protects Ability to Maximize Performance of Real-Time Tiered Storage

Dot Hill Systems, a leading provider of SAN storage solutions, announced that it has patented a new method for maximizing performance in its AssuredSAN(TM) Pro 5000 Series, the company’s real-time tiered storage solution. Dot Hill’s AssuredSAN Pro 5000 Series provides a real-time autonomic process to manage both “hot” and “cold” data, delivering storage performance when it’s most needed. The AssuredSAN(TM) Pro 5000 Series leverages this autonomic process to reduce waiting time for data searches. Traditional systems utilizing spinning disks can suffer from latency when a majority of data is concentrated on one drive. By removing the process of request queuing,…

MondayJan 07, 2013 2:26 pm

BrainStorm Cell Therapeutics, Inc. (BCLI) Receives Regulatory Nod for Phase IIa Study

The Israeli Ministry of Health has fast-tracked BrainStorm Cell Therapeutics’ current phase I/II ALS (Lou Gehrig’s disease) safety trial to a phase IIa dose-escalating trial designed to evaluate the safety and preliminary efficacy of the company’s NurOwn stem cell therapy candidate. The acceleration drastically expedites the company’s clinical development program and allows for its immediate launch at the Hadassah Medical Center in Jerusalem. “Acceleration to phase IIa will save us critical time, enabling us to proceed much more quickly with achieving our goal of developing an effective treatment for ALS,” Dr. Adrian Harel, BrainStorm’s CEO stated in the press release.…

MondayJan 07, 2013 2:25 pm

TechPrecision Corp. (TPCS) Signs Exclusive Agreement to Produce Product Assemblies for Proton Beam Radiotherapy Systems

TechPrecision announced that it signed a five-year, $115 million agreement to exclusively produce complete product assemblies for Proton Beam cancer treatment equipment in the U.S. and Asia. This agreement covers production for units that will be used in the U.S. and Asia. TechPrecision is an industry leading manufacturer that provides engineering, precision large-scale machined, fabricated metal, and electrical components for complete tested systems with customers in the alternative energy, cleantech, medical, nuclear, defense, aerospace, and other commercial industries. “This agreement will benefit both our Ranor and WCMC divisions, as we will produce units to meet the market demand in the…

MondayJan 07, 2013 11:05 am

Acquisition Strategy of Bergamo Acquisition Corp. (BGMO)

When Warren Buffett first took control of Berkshire Hathaway, he effectively turned the company around by redirecting its dwindling resources toward the careful purchase of other companies. In much the same mold, Bergamo Acquisition targets a diversified portfolio of companies for sole acquisition or co-investment alongside other investors such as private equity funds, hedge funds, investment banks, and other institutions. Bergamo Acquisition plans to effect management buy-outs, friendly mergers, and value-accretive capital projects. At times the company may provide debt financing as a proprietary investor in the form of bi-laterally negotiated private placements. Bergamo Acquisition has raised investable funds in…

MondayJan 07, 2013 11:05 am

Synthesis Energy Systems, Inc. (SYMX) Begins Producing Methanol at Yima JV Facility in Henan, China

Synthesis Energy Systems, developers of the U-GAS® fluidized bed gasification technology that allows energy producers to fully utilize even the abundant low rank, low cost coal, reported that the Yima Joint Venture project has begun outputting methanol. The company thus moves one major step closer towards meaningful financial traction with the China segment of the business this year, as methanol production at the facility is steadily ramped up to full capacity, with completion of the requisite commissioning and start-up steps being taken care of first. This remarkable cutting-edge facility in Henan Province is the result of a $250M investment in…

MondayJan 07, 2013 7:49 am

International Stem Cell Corp. (ISCO) Proclaims Liver Disease Program’s Success

International Stem Cell Corporation, a company specializing in the therapeutic applications of human parthenogenetic stem cells (hpSCs), today reported positive top line efficacy results from its pre-clinical in vivo liver study. The main goal of this study was to demonstrate the therapeutic equivalence of human parthenogenetic stem cell (hpSC)-derived hepatocytes to adult liver cells as a prerequisite for using such cells in the treatment of metabolic liver diseases, including Crigler-Najjar Syndrome (CNS). CNS is a rare inherited disorder in which bilirubin cannot be broken down by the liver. The build-up of this toxic compound can result in damage to the…

MondayJan 07, 2013 7:49 am

GlobalWise Investments, Inc. (GWIV) Secures New Channel Sales Partnership to Expand Government and Transportation Client Opportunities

Today before the opening bell, 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, announced the signing of a new channel sales partnership with Iron Data Solutions, Inc. (www.irondata.com). Founded in 2001 to respond to the increasing demand for cost effective business transaction software and services, Iron Data today offers a comprehensive suite of solutions that assess, improve, manage, and monitor challenging operational process issues for clients in the public sectors. Iron Data has more than 400 employees across 11 offices around the…

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Month: January 2013