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ThursdayMay 27, 2010 11:58 am

PolyMedix, Inc. (PYMX.OB) Awarded National Science Foundation Grant for Development of Biomimetic Antimicrobial Sutures

PolyMedix, Inc., www.polymedix.com - developer of biomimetics (protein-mimicking polymers and compounds comprised of small molecules), as well as other first-in-class therapies for lethal, acute disorders via a proprietary computational drug design technology – announced today reception of a $150k National Science Foundation (NSF) grant for antimicrobial suture R&D. The Company’s two leading defensin-mimetic candidates have both completed Phase 1B clinical trials and Phase 2 is slated for this year: • PMX-60056 anticoagulant reversing agent • PMX-30063 antibiotic that mimics a defense protein from the host immune system PolyCides™ are a family of antimicrobial polymers developed by PYMX. The grant (commencing…

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ThursdayMay 27, 2010 9:48 am

Vanguard Management Corp. (VNGM.OB) to Act as Strategic Consultant for Global Payout

One company that is starting to capture the attention of investors is the San Diego, California based Vanguard Management Corporation. Vanguard Management Corp. is a business unit of the Vanguard Minerals Corporation and has earned a stellar reputation by evolving into a leading private equity, management consulting and business development firm with core competency in emerging growth companies. Today, Vanguard Management Corp. announced that they have been retained as a strategic consultant by Global Payout. Global Payout is a Business to Business services company that offers payment and acquiring solutions for domestic and multi-national companies. Vanguard Management will assist Global…

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ThursdayMay 27, 2010 9:45 am

CompuMed, Inc.’s (CMPD.OB) eHealth Technology to Be Rolled Out Across Ohio

CompuMed Inc. develops and markets products and services that combine advanced imaging with medical informatics. The company's focus is on the analysis and remote monitoring of patients with cardiovascular and musculoskeletal diseases with its CardioGram and OsteoGram systems. The company reported today that its CardioGram and OsteoGram systems have been incorporated as core components of Visio Mobile Diagnostics' suite of telemedicine and digital x-ray-based healthcare services. Visio is Ohio's largest provider of mobile x-ray and cardiac testing services and brings the diagnostic testing center directly to the patient. Visio has begun to roll out Compumed's digital telemedcine technology to hospitals,…

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ThursdayMay 27, 2010 9:40 am

Blue Marble Media (BMMCF.OB) Receives $3 Million Dollar Order for Cheering Event at 2010 World Cup

Blue Marble Media Corp. announced today that, through their wholly-owned subsidiary, Blue Cree Company Ltd., they have been awarded a contract for a street cheering event for the Korean matches as part of the 2010 World Cup Soccer event in June. The World Cup this year will take place in South Africa, marking the first time that the World Cup is being hosted by an African nation. The order to Blue Cree was obtained from Hyundai Motor Company, the official host of the event. The event is organized by the Korean Football Association and sponsored by SK Telecom. The cheering…

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ThursdayMay 27, 2010 8:46 am

Ad Systems Communications, Inc. (ADSY.OB) Announces Penetration of Oregon Cable Market

Ad Systems Communications, Inc., a leading service provider of digital media and video communications for all major cable TV networks, announced earlier today that its proprietary, patent-pending cable TV ad insertion technology will be installed on the cable TV systems of Minetfiber.com in Independence, Oregon. Ad Systems Communications, Inc. will be the exclusive cable advertising sales company for Minetfiber's residential Cable TV systems. "This cable TV ad insertion system is the company's first deployment in the Portland, Oregon DMA and it represents a strategic building block in our expansion plan. Oregon offers a great opportunity due to the large number…

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ThursdayMay 27, 2010 8:40 am

NetSol Technologies, Inc. (NTWK) Announces Over $3 Million in New Contracts as Major Automotive Finance Company Implements NetSol Financial Suite(TM)

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, announced this morning that it has secured two major projects worth more than $3 million to implement its NetSol Financial Suite (NFS)(TM) Contract Management System (CMS) with a major international automotive manufacturer's captive finance company in the Asia-Pacific Region. NetSol's solution will fully automate the customer's financing business, providing improved operational efficiencies, enhanced contract lifecycle management, increased financial visibility, and quick return on investment. The contract has been skillfully structured for significant upfront as well as recurring revenue components. Naeem Ghauri, Head of Global Sales of NetSol…

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ThursdayMay 27, 2010 8:02 am

Nitro Petroleum, Inc. (NTRO.OB) Reports on Petroleum Reserves for Big Horn Prospect

Nitro Petroleum, Inc. announced after the market closed yesterday the petroleum reserves for their Big Horn project in Montana. Nitro maintains a 25% working interest in a 1,600 acre lease at Big Horn. Ramsey Property Management LLC of Oklahoma City, OK, a reservoir engineering firm, was contracted to evaluate the potential reserves. The data compiled by Ramsey showed 93,900 barrels of high gravity crude oil and 236,000 cubic feet of natural through initial calculation indicators. Drilling regulations allow for ten well drilling programs on the lease. Nitro, according to their President, James Borem, is presently in negotiations with potential Joint…

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ThursdayMay 27, 2010 7:57 am

Oil Prices Rally in Highest Gain Since September

In times of economic crisis, people often look to the pump to show them how the economy is faring. This Wednesday, analysts reported that oil prices rebounded sharply after weeks of being knocked down by economic uncertainty. Following a three-week slump, oil rallied 4 percent, the best one-day percentage gain since September. At the pump, retail gas prices continued to fall. According to AAA, Wright Express and Oil Price Information Service, the national average slipped nearly a penny overnight to $2.771/gallon. A gallon of regular unleaded costs 8.3 cents less than a month ago, but is still 34.6 cents more…

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ThursdayMay 27, 2010 7:55 am

Dow Jones Industrial Closes Below 10,000

This past Wednesday marked a significant fall of the Euro, setting stocks on the down swing, with the Dow Jones industrial closing below 10,000 for the first time in nearly four months. Wednesday's trading extended a streak of volatility since stocks went to their highest level of the year in late April. "We had a nice rally all day and we expected it to have had legs," said Phillip Orlando, chief equity market strategist at Federated Investors in New York, which manages about $400 billion. The sudden sell-off, he said, suggests "that investors are as nervous as a long-tailed cat…

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