September 2013 - Page 16 of 17

ThursdaySep 05, 2013 9:44 am

StreamTrack, Inc. (STTK) Eliminates Royalty Liability of Potentially $2.5 Million

StreamTrack, a digital media technology services company operating within the internet radio and streaming media sectors, today announced execution of a settlement agreement with Lenco Mobile, Inc. ("Lenco"), the former owner of the company's proprietary Radioloyalty™ music streaming and internet radio monetization platform. The following is a summary of the key attributes of the transaction. 1. StreamTrack's liability to Lenco for any earn-out consideration associated with the assets the Company purchased from Lenco in December 2011 is cancelled in full. StreamTrack will write off the current full value of the contingent royalty payable of approximately $820,000. 2. StreamTrack will waive…

ThursdaySep 05, 2013 9:25 am

The Internet Has Shrunk the World – to the Benefit of On the Move Systems Corp. (OMVS)

The Internet has made the world a much smaller place than we ever imagined it could be, bridging oceans and skipping countries to connect people on every continent. Breaking news can hit the other side of the planet in a mere matter of milliseconds. Communication is faster, research deeper, convenience magnified, and we’re traveling like never before. It’s no surprise the online travel industry is keeping up the pace. According to industry analysts at SDL, 80 percent of travelers jump online before jumping on a plane, making fast, informed and convenient travel arrangements with a few clicks of a button.…

ThursdaySep 05, 2013 9:12 am

Hipcricket, Inc. (HIPP) Announced as Finalist for 2013 Mobile Excellence Award in Mobile Social Awareness Category

Marketing and advertising company, Hipcricket announced that a text-to-donate campaign it designed and implemented in conjunction with Griffin Communications and the MobileGiving Foundation has landed the company as a finalist for the 2013 Mobile Excellence Awards. The awards ceremony is set to take place in Marina Del Rey, California, on October 23rd at the Ritz Carlton. Hipcricket’s nominated campaign, executed for the Regional Food Bank of Oklahoma, impressively raised $300,000 in just a few weeks to help those horribly affected by the tornadoes in Oklahoma. Positioned as a finalist in the “Mobile Social Awareness” category, the honor marks a significant…

ThursdaySep 05, 2013 9:08 am

Puget Technologies, Inc. (PUGE) Acquires B-29 Energy

Puget Technologies recently announced that it had completed the acquisition of B-29 Energy, Inc., an energy supplement manufacturer. Materials supplied by Puget show a sales growth in energy drinks, up 60% between 2008 and 2012, with the market worth $15.5 billion in 2012. Based in Fort Lauderdale, FL, Puget is focused on marketing, developing, and acquiring what it refers to as "leading edge consumer oriented products ready for rapid commercialization," with its latest acquisition centered around the energy drink and shot market. According to Medill Reports Chicago, the overall soda market is sluggish, but companies such as Monster Beverage Company,…

ThursdaySep 05, 2013 9:03 am

Location Based Technologies, Inc. (LBAS) Versatile Tracking Device Receives AT&T Network Certification

Location Based Technologies, the maker of dedicated GPS products and services sold under the PocketFinder and LBT brands, reports that its 3G LBT-886 product has passed the network testing performed by AT&T's Lab, the final step in a series of tests that included FCC, IC, and PTCRB. The LBT-886 is a rugged, versatile device that can either be used as a vehicle product or as a stand-alone device for asset tracking, which is powered by its own internal battery. As a free-standing device, the 886 can last for up to four months on a single charge. Upon completion of the…

ThursdaySep 05, 2013 8:52 am

VistaGen Therapeutics, Inc. (VSTA) Brings Human Biology to the Forefront of Drug Development

Biotechnology company VistaGen Therapeutics is engaged in applying human pluripotent stem cell technology for drug rescue, predictive toxicology, and drug metabolism screening. The company’s innovations are advancing drug development by predicting toxicity and other human response to new drug candidates long before they are ever tested in humans, thereby bringing human biology to the forefront of drug development. VistaGen’s human pluripotent stem cell-based bioassay systems more closely emulate human biology than any of the conventional animal studies and other nonclinical techniques and technologies currently being used in drug development. The company believes its technology is the answer to the drug…

WednesdaySep 04, 2013 2:15 pm

Northern Merchant Services Brings Range of High-Tech Devices to Calpian, Inc. (CLPI)

Northern Merchant Services, part of the Calpian group of companies offering transaction services and technologies to merchants around the country, is considered a top provider of processing equipment and solutions for card and cardless processing, ecommerce, wireless, and telephone processing. The company has spent years developing programs specific to the needs of community banks and their business deposit customers. At the heart of their solutions is their line of advanced technology terminals and processors designed to fit virtually any transaction processing requirement. • Nurit 2085 – Combines speed, versatility, and functionality for restaurateurs, bar owners, and retailers, with a unique…

WednesdaySep 04, 2013 10:01 am

Envivio, Inc. (ENVI) Video Chart for Wednesday, September 4, 2013

ENVI has made a great move since early in May, rising from $1.48 to as high as $2.79 in early August. After a consolidation, the stock is back on the move, holding a support at $2.40 and possibly ready to challenge the old highs once again. To view the video chart, visit the following link: http://www.missionir.com/videos.html Let us hear your thoughts below:

WednesdaySep 04, 2013 10:00 am

Alkaline Water Company, Inc. (WTER) Extends National Distribution Reach through KeHE Distributors

The Alkaline Water Company, a developer of a proprietary electrolysis process that produces healthy alkaline water, has launched a retail distribution and marketing campaign through a partnership with KeHE Distributors, Inc., a U.S. distributor of natural and specialty food products and wholesale supplier of ethnic, gourmet, organic, and natural food items. The partnership is part of WTER’s national mass markets expansion program designed to extend the company’s consumer sales through several major retail locations across the United States. KeHE serves more than 33,000 retailers across the United States, Canada, Mexico, and the Caribbean through more than 3,500 manufacturers, importers, and…

WednesdaySep 04, 2013 9:40 am

On the Move Systems Corp. (OMVS) Initiates Unique Customer Loyalty Program for Online Transportation Portal

On the Move Systems, the developer of new technology to increase convenience and reduce costs in the tourism and transportation industry, is developing an innovative customer rewards program to promote customer loyalty to its proprietary online transportation portal. Development of the company’s online portal is also underway, with an endpoint of providing businesses and consumers with an array of travel options not currently provided by the broader industry. In executing this mission, OMVS said it is now seeking out software providers capable of partnering for the launch of an effective loyalty program as soon as the portal is consumer ready.…

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Month: September 2013