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Dialogic Inc. (DLGC) Announces Promotions and Resignations

August 11, 2012

Today, Dialogic Inc. announced that its Board of Directors appointed current President and COO Kevin Cook to the role of President and CEO. The announcement follows former CEO Nick Jensen’s resignation, which occurred yesterday. Mr. Jensen will continue to be on Dialogic’s Board and has assumed the role of non-executive Vice Chairman.

Mr. Cook remarked, “I am honored that the Board has selected me to be our CEO. I am excited to take the helm of Dialogic given the depth of our management team and our shared commitment to the company’s future. We are all aligned in support of our top global priorities – extending Mobile Experience Management to our customers worldwide, investing in the power of our Next-Gen portfolio and generating the returns that create shareholder value. Our partners and customers should view this transition as a vote of confidence in Dialogic and an important milestone in our growth as a world-class company.”

Cook had served as Dialogic’s President and COO since December 2011, where he directed global operations for over 700 employees in 30 countries. He held the position of Executive Vice President of Worldwide Field Operations from 2010 until 2011, where he was responsible for sales, marketing, services, and the company’s entire global go-to-market strategy. Cook joined Dialogic as Senior Vice President of Worldwide Sales and Support in 2008.

Jensen stepped down as CEO after 10 years in that position with Dialogic and affiliated companies.

“Nick’s vision and leadership have benefitted our valued customers and enabled Dialogic to become a global leader in Mobile Experience Management,” said Dion Joannou, Dialogic Board member. “Nick brought exceptional knowledge of the market and an intuitive sense of how to take advantage of the rapid pace of change in telecommunications. We recognize Nick’s lasting contributions in integrating the building blocks that have positioned Dialogic for success in the future. We will miss his passion, integrity and strong connection to customers, employees and shareholders in a day to day role but are pleased that he is remaining on the Board.

“Bringing innovation to market in order to solve long-term customer challenges has driven my passion for Dialogic since 2002,” said Jensen. “I’m honored to have served the company for so long and to have developed such great relationships with the Board, our shareholders, our customers and our employees. This is the right time to transition having guided Dialogic through a significant evolution of its business. Kevin has been an active partner in driving this transformation and, under his leadership, will continue to meet the needs of over 3,000 customers in 80 countries.”

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Soligenix (SNGX) Reports Second Quarter Financials and Highlights Accomplishments

Soligenix, a development stage biopharmaceutical company, announced second quarter revenues of $762,851 as compared to $405,820 reported for second quarter of 2011. The revenue increase is related to increased reimbursable costs from the Company’s ThermoVax™, Thermostability Technology Grant focused on a novel method of rendering aluminum salt adjuvanted vaccines stable at elevated temperatures.

The company recently announced the receipt of the Small Business Innovation Research Grant from the National Institute of Allergy and Infectious Diseases to further support preclinical development of OrbeShield™ as a treatment for gastrointestinal acute radiation syndrome. Soligenix also announced a collaboration with the Infectious Disease Research Institute (IDRI) of Seattle, WA to develop select biodefense vaccines. Soligenix will use the IDRI’s synthetic adjuvants with the proprietary ThermoVax™ product.

Christopher J. Schaber, PhD, President and Chief Executive Officer of Soligenix stated, “In the second quarter of 2012 we continued progress in our Vaccine/BioDefense business segment with our novel vaccine thermostabilization technology, ThermoVax™ and with OrbeShield™, our treatment for gastrointestinal acute radiation syndrome. We remain committed to enhancing our product development pipeline through internal efforts and external strategic alliances. We look forward to reporting on further progress on all programs during the second half of this year.”

Other reported financial highlights include:

• A net loss for the quarter ending June 30, 2012 was $979,878 or $(0.09) per share, as compared to $1,931,317 or $(0.18) per share for the quarter ending June 30, 2011; the loss is attributed to the termination of Phase 3 clinical trials of orBec® and increased gross profit related to ThermoVax™(
• Reduced research and development costs of $500,980 versus prior year ($1,513,722) due to reduced spending in connection with the Phase 3 clinical trial of orBec®
• A robust cash position of approximately $4,430,000 with working capital of approximately $3,630,000

About Soligenix, Inc.:

Soligenix is a development stage biopharmaceutical company developing products to treat life-threatening side effects of cancer treatments and serious gastrointestinal diseases, and vaccines for certain bioterrorism agents. Soligenix’s lead products include:

• orBec® (oral beclomethasone dipropionate), a potent, locally acting corticosteroid that has been initially developed for the treatment of gastrointestinal Graft-versus-Host disease (GI GVHD), a common and potentially life-threatening complication of hematopoietic cell transplantation.
• Proprietary formulations of oral BDP, in development for the prevention/treatment of gastrointestinal disorders characterized by severe inflammation, including pediatric Crohn’s disease (SGX203) and acute radiation enteritis (SGX201), which is the subject of a recently completed National Cancer Institute (NCI)-supported Phase 1/2 clinical trial
• RiVax™, a biodefense product in development which is designed to protect against the lethal effects of exposure to ricin toxin and VeloThrax™, a vaccine against anthrax exposure. RiVax™ has been shown to be well tolerated and immunogenic in a Phase 1 clinical trial in normal volunteers. Both RiVax™ and VeloThrax™ are currently the subject of a $9.4 million NIAID grant supporting development of new thermostable vaccine technology known as ThermoVax™. Soligenix is also developing
• OrbeShield™, an in-development product for the treatment of GI ARS and has demonstrated statistically significant preclinical survival results in a canine GI ARS model.

For further information regarding Soligenix, Inc., please visit the Company’s website at

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Patient Safety Technologies (PSTX) Posts Q2 Sales Topping Estimates and Prior Year Figures

August 10, 2012

Company post mixed Q2 results; provides expanded customer base highlights

Patient Safety Technologies, Inc., operating through its subsidiary SurgiCount Medical Inc., today announced its second-quarter results for the three months ended June 30, 2012.

Total revenue for the second quarter of 2012 was $4.4 million, ahead of analyst estimates of $3.2 million, and representing an increase of 71 percent over $2.6 million in sales reported for the second quarter of 2011.

Second-quarter net income of (non-GAAP) $0.2 million was lower than the $0.3 million reported for the comparable quarter of the year prior.

The company attributes the quarter’s profit growth to the utilization of its solutions in more facilities.

“During the second quarter of 2012 we further accelerated the strong growth we began during the first quarter, once again implementing our solution in more new facilities than in any previous quarter in our history. With this significant growth we have further strengthened our market leading position as well as continued to see our increased market penetration translate into improved financial results,” Brian E. Stewart, president and CEO of Patient Safety Technologies stated in the press release.

The company also offered business highlights, noting the successful implementation of its SurgiCount Safety-Sponge® System in an additional 65 facilities, growing its installed customer base to 215 as of June 30, 2012. This expansion marks the highest quarterly growth to-date.

Patient Safety Technologies implemented the Safety-Sponge® System in an additional 20 facilities, bringing the company’s current installed base to 235, an increase of 140 percent since the end of 2011.

Additionally, the company has signed agreements with additional stand-alone hospitals and hospital systems representing an additional 36 facilities, bringing the total facilities currently using the Safety-Sponge® System, and those covered with signed agreements and expected implementations, to more than 271.

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American Standard Energy Corp. (ASEN) Delivers Solid Q2 Financials on Record Production for the Quarter

American Standard Energy, the domestic oil and gas E&P with a substantial acreage footprint in the Bakken/Three Forks (North Dakota), as well as Permian Basin and Eagle Ford shale (Texas), presented their impressive Q2 FY12 data today, which was driven in large part by record quarterly production from across the portfolio.

Ramped up efforts in the Permian and Williston (Bakken formation) basins, where development jumped significantly during the quarter (up 37% in the Bakken alone), in combination with the company’s interest in the Auld Shipman Eagle Ford project, which has rapidly gone from initial production at the quarter’s outset to 18 wells in production as of yesterday (Aug 9), have collectively produced some superb financials for the period ending June 30, 2012:

• Revenues for the 3-month were up 119% over the prior year to $7M, on average realized Q2 pricing of $77.13/bbl and $4.43 per thousand cubic feet of gas (Adjusted EBITDA of $3.4M, up 386% from the prior year)

• Net Income for the quarter $1.4M ($0.03/share) compared to a net loss the prior year of some $4.6M (or a loss per share of $0.13)

• Production for the quarter was up 126% from the prior year to 114.7k BOE (with crude gaining in the mix of output, up 11% to represent a full 68% of total production), with the Auld Shipman Eagle Ford a clear pack leader at 12.2k net bbls and 30.3 MCF

• Participation in 22 gross (5.99 net) wells, 5 of which were Permian verticals (targeting the Wolfcamp/Clearfork)

• CAPEX for the quarter was up accordingly (225%) to $25M, with some $88M spent over the 6-month (66.5% on property acquisition and 33.5% on development)

CEO of ASEN, Scott Feldhacker, called it a triumph of the core leasehold acquisition strategy and asserted that emphasis on maintaining developmental momentum in the coming months would be paramount for the company. The exceptional results from Permian activity during the quarter have validated a growing focus on West Texas and Feldhacker emphasized that judicious exploitation of development potential, in what is easily the top dog domestic crude region today, was chief among management’s immediate objectives.

With a total of some 112k combined net acres (including non-operated) and such success with acreage development apparent in the Q2 data, shareholders of ASEN are really starting to see the power of the non-operated, low-overhead, 100% WI leasehold growth model employed by the company. This data offers investors a clear metric of the company’s growth potential and interested parties are encouraged to gather more information on American Standard Energy Corp., by visiting the company’s website at:

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International Stem Cell Corp. (ISCO) Completes Conference Call on Q2 Financial Results

As promised, biotechnology company International Stem Cell Corp. held a conference call to discuss their Q2 financial results the company released earlier. The call was hosted by Simon Craw, ISCO’s Executive VP of Business Development, and Linh Nguyen, ISCO’s CFO.

The financial figures, available in yesterday’s release, were summarized in the call by Linh Nguyen, and Simon Craw went over some of the associated events in addition to fielding questions from investors.

One of the key points made related to a decrease in sales coming from Lifeline Cell Technology and Lifeline Skin Care. The products are not considered to be facing price pressure, being priced well within the industry standard. Nor is the reorder rate considered low, since it is currently above the industry average of 20%-30%. The reduction in revenue was seen primarily as a reaction to the company’s ongoing strategy of shifting away from a single marketing channel, which had a very successful launch earlier, to a much more widespread effort. It’s not unusual for sales to spike with an aggressive launch, tapering off to a more sustainable level, but having a broader marketing base is seen as an important step in growing the product. The marketing effort will include publications, such as USA Today, in addition to celebrity support and other channels.

The company is moving closer to clinical studies in all of its program areas, including the Parkinson’s program. The expectation is that the company will be presenting to the FDA sometime next year to move into human clinical trials, and work is still being done on the company’s corneal program, solving structural challenges to move the product toward commercialization.

For additional information on ISCO, visit the company’s website at

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Reliv International Inc. (RELV) ProVantage Athletic Performance Supplement Adds LunaRich Soy Powder, Earns U.S. Patent

Reliv International Inc. produces nutritional supplements that promote optimal nutrition in addition to premium skincare products. The company’s supplements address essential nutrition, weight loss, digestive health, women’s health, anti-aging and athletic performance. It sells its products through an international network of independent distributors in 15 countries.

The company made two announcements today. The first is that it has added LunaRich soy powder to its ProVantage athletic performance supplement, the fifth of its products to contain it. LunaRich is a company-exclusive whole soy powder containing five to ten times more lunasin than the industry standard. Lunasin is a peptide found naturally in soy that scientists have identified as the key to many of soy’s documented health benefits. It is believed lunasin protects against and reduces oxidative stress and inflammation caused by high-impact exercise.

Studies have shown that soy is effective in promoting health and optimal fitness. ProVantage provides soy protein for increased muscle mass and function, maximizing the lunasin content to aid in muscle recovery and repair. And now it has a patent to back up its claims.

The second announcement made by Reliv is that ProVantage has earned a U.S. patent. This is the seventh of the company’s products to receive a patent. The other six products are: Arthaffect for joint health, Cellebrate for weight loss, FibRestore for digestive health, Innergize for performance nutrition, GlucAffect for blood sugar management, and ReversAge for anti-aging nutrition. The patent on the company’s essential daily nutrition product, Reliv Classic, has expired.

For additional information about Reliv International and its complete line of nutritional products, please visit the company’s website at

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Motricity, Inc. (MOTR) Video Chart for Friday, August 10, 2012

With a sharp 13 percent climb on Thursday, the Motricity chart is pushing off a bottom support of 43 cents. Resistance is about 10 percent ahead at 57 cents from Thursday’s 51 cent closing price, but the indicators are hinting at an overall reversal and the next resistance doesn’t enter the picture until near 80 cents per share.

To view the video chart, visit the following link:

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USA Recycling Industries (USRI) Gains Major Benefits From Earth Metal Scrap USA

When USA Recycling Industries acquired majority interest in Earth Metal Scrap USA, Inc. (EMS), based in Glen Oak, New York, it gave USA Recycling access to a new portfolio of end users, as well as increased leverage when negotiating with scrap metal traders. With EMS they gained a well-founded operating recycling business, with an international network of sources and destinations.

EMS is an international trading company, operating since 1994, serving customers in 19 countries via offices in North America, India, and United Arab Emirates. A leader in the recycling industry, they help customers identify and process materials, and are popular for being able to pay good prices for their purchases. They offer recycling services, logistics services, on-site inspection, scrap metal processing, plant dismantling, scrap metal collection, and removal consulting.

EMS purchases scrap from manufacturers, service centers, and other nonferrous scrap sources that generate new metal scrap as a by-product of their production processes, such as scrap aluminum, copper, stainless steel, brass, high temperature alloys, and other metals. They also get obsolete scrap from telecommunications, aerospace, defense, demolition and recycling companies that generate scrap consisting primarily of copper wire and exotic metal alloys. Smaller scrap dealers and peddlers deliver directly to EMS facilities. By providing in-plant accumulation bins or truck containers, EMS also collects scrap from working industry and metal service centers.

Incoming scrap material is sorted, graded, and packaged for sale. EMS sells its ferrous, non-ferrous, paper, plastic, rubber scrap products to end-users, with such consumers as refineries, smelters, specialty steel makers, and foundries, throughout the world. Prices for some nonferrous scrap metals change daily based on the COMEX or London Metals Exchange spot and future prices.

EMS is the flagship company of Earth Group of Companies:

• Earth Metal Scrap USA Inc.
• Earth Plastics Inc.
• Earth Minerals Inc.
• Earth Paper Inc.
• Earth Rubber Inc.
• Earth Ship Breaking Inc.

For additional information, visit the company’s website at

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Flexpoint (FLXT) Seeks Partnership to Develop New Seat Occupancy Systems

August 9, 2012

Responding to “urgent” demand, company revamps sales efforts and looks for partners to co-develop turnkey seating solutions

Flexpoint Sensor Systems Inc., a supplier of thin film sensing technology, today announced that, in recognition of growing demand for seat occupancy systems, it is seeking industry partners to co-develop complete turnkey solutions for new systems that could be implemented in a wide array of settings, such as in buses and theaters.

Flexpoint said that, while it has worked with partners on similar systems in the past, its role was as a supplier of sensor technology. Under the guidance of the company’s new sales manager Troy Buys, Flexpoint now wants to take on a more direct role in both development and sales of its own system.

“We have seen an urgent demand for occupancy systems over the years, but we have not been able to offer a full, turnkey-style solution in the past,” Flexpoint CEO Clark Mower stated in the press release. “As part of our reinvigorated sales effort, we are taking the lead on projects like these to ensure that this demand is being met. We feel our experience and skill ideally situate us to provide reliable, accurate solutions to occupancy detection needs. We have had discussions with partners who have indicated an interest in participating in this process.”

Flexpoint lead engineer David Beck said that the company has already conducted the most important development work in its previous projects, and that the important issue now at hand is to find the ideal partner to complete the work.

For more information visit

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American DG Energy (ADGE) Announces 100kW CHP System at DoubleTree Tarrytown Hotel

American DG Energy Inc. has announced it is now operating a combined heat and power system (CHP) at DoubleTree Hotel in Tarrytown, N.Y. The revenue value of this agreement will be $2 million for the company over the 15-year term. American DG Energy is a leading provider of onsite utilitysolutions, offering clean electricity, heat, hot water and cooling solutions for hospitality, healthcare, housing and athletic facilities.

Owned and operated by America DG Energy, the 100kW CHP system is now producing energy in the form of electricity, space heat and domestic hot water. DoubleTree chose the company’s onsite utility solution and will avoid all capital, installation and operating costs – only paying for the energy used.

CHP systems offer a cleaner energy option with substantial environmental benefits, as comparedwith electricity purchased from the grid. CHP systems capture and utilize heat that would otherwise be wasted from the production of electricity –producing the same amount of energy while requiring less fuel. According to the EPA CHP Partnership emissions calculator, by utilizing a CHP system DoubleTree will reduce its carbon emissions by around 403 tons annually, or the equivalent of planting 75 acres of forest each year.

Recently honored with the TripAdvisor Certificate of Excellence Award, DoubleTree Tarrytown is an upscale, 247-room, full-service property. The hotel can nowadd“contribution to the quality of the environment”to its list of features, as it is now reducing carbon emissionsby operating an onsite utility.

American DG Energy provides its customers with low-cost energy through distributed power generating systems. Through its onsite utility energy solutions, the company provides institutional, commercial and small industrial facilities with clean, reliable power, cooling, heat and hot water – without any capital or startup costs to the energy user and at a lower price than charged by local utilities. American DG Energy is headquartered in Waltham, Mass. For more information, visit the company’s Web site at

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International Stem Cell Corp. (ISCO) Announces Q2 Financial Results

California based biotechnology company International Stem Cell Corporation announced financial results for the three and six month periods ended June 30, 2012.

• Revenue for the quarter (Q2) ended June 30, 2012, totaled $1.06 million, compared to $1.11 million for the same period in 2011. The decrease came largely from lower sales from Lifeline Cell Technology (LCT).
• Revenue for the 6-month period ended June 30, 2012, was $2.13 million, compared to $2.63 million for the same period in 2011. The decrease came largely from lower sales from Lifeline Skin Care (LSC).
• R&D expenses for the quarter were $0.87 million, a 23% decrease compared to the same period in 2011. The reduction in expenses was due primarily to lower consulting expenses associated with various research projects, along with lower stock-based compensation expenses, lower laboratory expenses, and lower personnel related expenses, although stem cell line research expenses did increase.
• ISCO continues to invest in sales and marketing initiatives. Marketing expenses for the quarter were $0.55 million, an increase of 58% over the same period in 2011. For the 6-month period ended June 30, 2012, marketing expenses were $1.04 million, a 57% increase over the same period in 2011.
• General and administrative expenses for the quarter were $1.76 million, down 18% from the same period in 2011, due largely to ongoing increases in operational efficiency. For the 6-month period ended June 30, 2012, general and administrative expenses were $3.79 million, a 13% decrease from the same period in 2011.
• Cash and cash equivalents totaled $4.29 million on June 30, 2012, compared to $1.34 million as of December 31, 2011, due primarily to two financing transactions totaling approximately $6.9 million.

ISCO’s CEO and Co-Chairman, Andrey Semechkin, commented on the results: “We have made solid progress across our entire organization in the first half of this year, and I’m pleased to see that the operational efficiencies we implemented in the second quarter are resulting in lower administrative expenses. Going forward we will continue to look for further opportunities to improve our organization effectiveness and reduce expenses. As you may have read in my shareholder letter, following a detailed analysis of our research priorities, we concentrated our resources on the most promising therapeutic programs and this has already resulted in exciting achievements and progressed our programs closer to clinical development.”

Developmental Highlights:

• The company developed a new method to derive high-purity populations of neural stem cells from human parthenogenetic stem cells (hpSC) and further differentiate them into dopaminergic neurons. This method is highly efficient and capable of generating sufficient quantities of neuronal cells for our pre-clinical and clinical studies.
• In the Parkinson’s disease program, the company was able to demonstrate in rodent models that developed neurons from ISCO can survive after implantation and can release dopamine.
• In the metabolic diseases program, the company has shown that their immature hepatocyte-like cells derived from their hpSC can successfully engraft and mature in rodents and produce liver specific proteins.
• In the corneal blindness program, the company developed differentiation technology to create endothelium-like cells, a significant step towards creating complete corneas that could be used in transplantation.

A conference call and webcast is scheduled for Friday, August 10, at 11:00 AM Eastern Time.

Conference Participation Information:

Domestic: 1 877 317-6776
International: 1 412 317-6776
Conference ID: 10017300
Webcast link:

Replay of the conference call will be available for two weeks following 1 hour after the end of the conference call through end date: Aug 24, 2012 at 9:00 am ET .

Teleconference Replay Details:

US Domestic: 1-877-344-7529
International: 1-412-317-0088
Conference ID: 10017300

For additional information on ISCO, visit the company’s website at

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Crosshair Energy Corp. (CXZ) Discovers Promising New Uranium Mineralization Trend at Juniper Ridge site in Wyoming during 2012 Drilling

Crosshair Energy, well-known for their work developing uranium/vanadium throughout North America via the company’s three divisions (each focused on a distinct resource area in the U.S. and Canada), was excited to report today that a new mineralized zone has been discovered during the 2012 drilling program at one of the USA division’s sites in Wyoming. This, the 4,170-acre Juniper Ridge project (NI 43-101 Indicated Resource base estimate of 5.2M lbs uranium), is just a stretch southwest over in neighboring Carbon county from the company’s other flagship domestic project, the Bootheel/Buck Point properties in Albany county.

Great news for the company’s uranium activity in the mining-friendly state of Wyoming, as this new zone on the northwest edge of the Juniper Ridge East resource area offers promising expansion potential. With initial data showing as much as a 3.65% grade (eU3O8xft) in a nice, 50.9-foot thick slice (as thick as 57.7 feet in one hole), lying just 50-150 feet below surface. The data looks good in context with earlier drilling by the company at Juniper Ridge and, with the clear northwesterly trend open along the strike, it will become the primary subject for follow-up drilling.

VP and Chief Geologist for CXZ, Tom Bell PhD, P.G., pointed directly to the new uranium mineralization trend, which beelines straight over to the company’s Juniper Ridge West site across 4,500 feet of untested land, reminding investors that infill and delineation drilling has here validated the resource model developed from previous and historical drilling. The trend and mineralization zone data is clear, so CXZ has initiated a radiometric soil survey to help map out drill targets in the trend as the company advances towards further exploration.

Delineation and infill drilling has sharpened the resolution of the overall resource model considerably, with highlights of the 2012 drilling program results roundly confirming identified areas and allowing CXZ greater concentration of future efforts. Thus the combined gamma/radon soil survey planned as a component of the drill program will be able to offer more accurate feed data for the identification of new mineralized zones, resulting in optimal CAPEX consumption with a solid back-end quantification of low mineral probability acreage better suited to tasks like storage of tailings and removed topsoil, or for construction of the 40-acre leach pad.

The awesome results from Juniper have produced a decision by CXZ to curtail 2012 exploration at Bootheel somewhat in favor of Juniper and the exceptional grades determined by traditional downhole radiometric wireline logging (done by GAA Wireline), as well as PFN logging for greater fidelity, have bolstered confidence at Crosshair ahead of the Juniper push. PFN (prompt fission neutron, which looks at the resource itself via a pulsed neutron source that triggers and records low level fission of the actual resource) is an alternative to the uranium spectrographic analysis also used in the drill program and yielding comparable results.

The extensive historical work done at Juniper is another great reason for Crosshair’s enthusiasm (6.97M lbs and 9.9M lbs previously estimated prior to NI 43-101), which – while not taken as current – does offer a firm echo to the empirical data generated from extant drilling by the company in 2012 and prior, especially because of the quality of the work that was done. President and CEO of CXZ, Mark Ludwig, P.E., Qualified Person for the report, has checked the report’s summary against original radiometric logs, confirming that today’s release is accurate.

For more information on the growing success story that is Crosshair Energy Corp., head on over to the company’s website at:

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Cytori Therapeutics (CYTX) Expands European Celution System Approval to Other Indications

Cytori Therapeutics Inc. is a biopharmaceutical company developing cell therapies based on autologous adipose-derived regenerative cells (ADRCs) to treat cardiovascular disease and repair soft tissue defects. Data suggests ADRCs improve blood flow, moderate the immune response and keep tissue at risk of dying alive.

The company announced today that it has expanded the Celution System CE Mark approval in Europe to include several new indications including cryptoglandular fistula. This is the most common cause of perianal infection, abnormal fecal contamination and incontinence. This new indication will facilitate the use of the Celution System for clinical cases potentially as part of independently sponsored and funded studies. In addition to this indication, Cytori has expanded its European approval for Celution to three other indications: tissue ischemia; deficiency or injury of skin, fat, muscle and fascia; and soft tissue wounds or fistulae associated with trauma, diabetes, and ischemia or radiation injury.

In a related development, Cytori reported that an investigator-sponsored clinical study in Japan using the Celution System for treatment of cryptoglandular fistulae was approved under the new Ministry of Health, Labor and Welfare Guidelines on Clinical Research Using Human Stem Cells and patient enrollment in the study is underway. Cytori’s Celution System will be able to provide these researchers easy access to adipose-derived stem and regenerative cells at the point-of-care.

The initial impact to the company from the new indications is expected to come from additional translational system and consumable sales to meet demand by international hospitals to perform cell therapy clinical studies. For further information about Cytori Therapeutics, its Celution System and other products, please visit the company’s website at

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Duma Energy Corp. (DUMA) to Acquire Namibia Exploration

Duma Energy Corp., a producer of oil and gas in the continental United States, both on and offshore, today announced that it will acquire a 100-percent stake in Namibia Exploration Inc. (NEI), which holds the rights to a 39-percent working interest in an onshore Namibian petroleum concession spanning about 5.3 million acres.

Per the acquisition, Duma will hold its indirect working interest in the concession in partnership with the National Petroleum Corporation of Namibia Ltd. (NPC Namibia) and Hydrocarb Namibia Energy Corp., a company chartered in the Republic of Namibia and a majority owned subsidiary of Hydrocarb Corp. As the operator of the concession, Hydrocarb Namibia will hold a 51-percent working interest in the concession; NPC Namibia will hold a 10 percent carried working interest in concession.

Jeremy G. Driver, chairman and CEO of Duma, in the press release said that the concession has high exploration potential and called preliminary data “encouraging.” Additionally, he said the acquisition fits Duma’s strategy of generating domestic cash flow to fund” high impact” international ventures.

Pasquale Scaturro, Hydrocarb’s president and COO detailed the potential of the concession as follows:

“The Owambo Basin concession … has all of the key ingredients for becoming a major oil province, including good reservoir and source rocks that extend into southern Angola, one of the top oil producers in Africa. The commercial terms of our Petroleum Contract are highly favorable and since our concessions are onshore, operating and exploration costs are a fraction of those offshore,” he concluded.

Financial details were not disclosed.

For additional information, visit the company’s website at

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Skinny Nutritional Corp. (SKNY) Rapidly Building Its Brand

The rapid growth of Skinny Nutritional speaks to the wisdom of successfully addressing a previously unmet market need. Unlike the commonplace carb- or caffeine-loaded sports and energy drinks, or the so-called health drinks that simply reduce the sugar and sodium, Skinny knew there was a market out there that wanted something different. Millions of working women and men were looking for flavor and fun without the guilt, something they could enjoy while being good to their bodies and their waistlines. They were looking for exactly what Skinny set out to create. From its very first days, Skinny Nutritional knew the market it was after, knew that it was big, and was determined to meet it.

• 2006 – Creative Enterprises Int. changed name to Skinny Nutritional Corp.
• 2008 – Company launched first zero-calorie enhanced water
• 2010 – Skinny popularity took off with 1 million cases being sold
• 2012 – Skinny launches proprietary bottle, pH+ water and natural flavors

Today, Skinny has expanded to a host of popular varieties, all using 100% natural flavorings, with zero artificial colors or preservatives, and all with zero sugar, zero carbs, zero calories, and zero sodium, and new concepts continue to be created under the Skinny brand. It’s all aimed at that huge and still largely underserved market of health and weight-conscious people who take the time to carefully review the ingredient list. These people aren’t fooled by fancy words and logos, and once they’ve found a brand name they can trust, they will stick with it. That’s the brand that Skinny is building.

For additional information, visit the company’s websites at

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Cleantech Solutions International (CLNT) Receives Two Orders

August 8, 2012

China-based Cleantech Solutions International Inc. is a manufacturer of metal components and assemblies, primarily used in the wind, solar and other clean technology industries. The company supplies forging products, fabricated products and machining services to customers in green industries such as wind and solar power.

The company announced today that it has received a new purchase order to supply 21 units of airflow dyeing machines and related components to a domestic customer. The order provides for Cleantech Solutions to deliver the machines and components for a price of approximately $1.8 million. The company has already received an upfront payment of $540,000 or 30% of the total purchase price. It will receive another 60% of the purchase price upon installation of the machines. The remaining balance will then be paid within three months of installation. Delivery is expected by the end of November 2012.

Cleantech’s airflow dyeing machines use air flow rather than water, which is used in traditional dyeing processes. The company believes the technology used in its air flow units results in reduced input costs for the textile industry, reduced emissions, less damage to the textile and fewer wrinkles. The Chinese government is encouraging the textile industry to replace obsolete machinery with newer energy efficient machinery such as that provided by Cleantech.

The company also received a follow-on purchase order to supply 25 units of solar components to a Chinese solar customer. The order provides for Cleantech to deliver a total of 25 units of various solar components for a total purchase price of $700,000. It expects to deliver the units by the end of August 2012. The company also stated it currently has a backlog of 25 to 30 units of solar products, which it expects to ship by the end of September 2012.

For additional information about Cleantech Solutions International and its entire product line, please visit the company’s website at

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International Stem Cell Corp. (ISCO) To Host Conference Call Covering Q2 2012 Financial Results

International Stem Cell Corporation, a California-based biotechnology company, announced today that it will be holding a conference call at 11:00 AM (ET), on Friday, August 10, 2012, to go over second quarter financial results.

The call will cover the three months ended June 30, 2012, and will be hosted by the company’s Executive VP of Business Development, Dr. Simon Craw, and the company’s CFO, Ms. Linh Nguyen.

To attend the call, interested parties should use the following dial-in information:

Date: Friday, August 10, 2012
Time: 11:00 AM Eastern Time
Conference Line (U.S.): 1-877-317-6776
International Dial-In: 1-412-317-6776
Conference ID: 10017300

For additional information on ISCO, visit the company’s website at

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L&L Energy (LLEN) Appoints Y.P. Chan as Managing Director – M&A

Today, L&L Energy, Inc. (NASDAQ: LLEN) announced that Y.P. Chan has been appointed as the company’s Managing Director – M&A. In his new role, Mr. Chan will oversee the strengthening of L&L’s coal acquisition and strategic growth in China.

Dickson Lee, Chairman and CEO commented, “Bringing in talent such as Y.P. is another tangible step to strengthen our management capabilities and ensure our momentum in the Company’s growth in China. His wealth of experience and knowledge, as a Columbia trained MBA and multicultural executive, are great additions to our management team. I look forward working closely with Y.P. to further grow L&L.”

A seasoned executive with over 20 years of experience, Mr. Chan currently serves as an advisor to L&L. His experience includes M&A, restructuring, finance, business modeling, infrastructure, and entrepreneurship in the United States, China, Japan, and Korea. Previously, he was Interim CFO and Chief Strategist of an IT company based in Hong Kong and also worked for AlliedSignal (now Honeywell International Inc.), where he oversaw M&A activities and joint venture operations in China and Japan.

Mr. Chan came to the US at age 16 from China. Under an IBM sponsorship, he earned an MBA in Finance and MSEE from Columbia University in 1994 and 1990, respectively. He also earned a BSEE degree with honor from Polytechnic University in New York. He is fluent in English, Cantonese, and Mandarin. He is a U.S. citizen and lives with his family in Seattle, Washington.

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El Capitan Precious Metals, Inc. (ECPN) to Put Successfully Tested New Production Process to Work on Some 180 Tons of Concentrate

El Capitan is following up the recent (July) successful test of the company’s carbon pre-roast with silver-lead recovery process for concentrates, with a report today regarding developments related to the test run on some 700 lbs of concentrated material from ECPN’s eponymous El Capitan, gold, silver, and platinum group metals property in New Mexico (which offered results consistent with last year’s dore bar sale to Gannon & Scott).

As one of the top assay firms in NA, Gannon & Scott provide a diverse array of precious metal refining services and form an excellent endpoint for the company’s innovative production process. Completion of the Sundancer Method (, after the two-day, multi-stage refinement procedure, is a final cupellation (oxidizing refinement) of the concentrates resulting in a dore button that can be sent out for independently certified assay (using clear chain of custody protocols). When combined with other techniques like their Wendell method for alkali fusion extraction (, ECPN’s position in the 200-acre El Capitan site (via wholly-owned subsidiary El Capitan, Ltd. which has a 100% equity interest), which has already seen some 13k feet of core/RC drilling to date, becomes increasingly attractive to investors.

In fact, the site has significant additional acreage potential as well, with federal/state permitting pending to explore subsurface mineralization in a highly-prospective 2k-acre block extending out to the east, west, and south of the current primary resource area. This potential combined with the powerful extraction/production tech has placed the company in an enviable position to execute their strategic goal of marketing/selling the property.

President and CEO of ECPN, Chuck Mottley, noted the ongoing fine-tuning of the grinding/concentration specs for the production process (aimed at delivering optimal process throughput) and confirmed that the company has contracted to process a total of some 180 tons of concentrate, both from the mine and stockpiled in Houston, a project slated to kick off here in the next several weeks.

Board Chairman at ECPN, John F. Stapleton, was clearly pleased with how well everything is shaping up around what he called the company’s “overarching goal” for the project; a successful sale of the El Capitan property. Stapleton asserted that the exemplary job done handing the company’s investment bank all of the copious data and tools needed to effectively market/sell the property, in conjunction with such continued positive news end-capping a solid track record of progress over the past year, has resulted in some serious market momentum for ECPN.

Clyde L. Smith, Ph.D., P.Eng. (geological consultant on El Capitan from 2004 to 2006), previously noted the striking geological similarities between the black breccia-encapsulating hematite ore at the El Capitan site and another project he had worked on in Southern Nevada which showed abundant gold and platinum values in the hematite ore. With solid recovery, assay, and production pipelines hammered out, as well as a clear geological portrait for El Capitan, reinforced by testing that has seen the company’s investment bank personally on hand via a representative to witness the successful process, ECPN will be bucking hard as the project is delivered to an increasingly metal hungry market.

The company’s innovative technology pushes into some great material science areas with the potential to revolutionize aspects of the mining industry and, with firm investment banking muscle behind experienced senior management, it is time to start looking closely at the components of ECPN’s strategy for shareholder returns.

For more information on the processes, El Capitan property, or to learn more about El Capitan Precious Metals, Inc., please visit the company’s website at:

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Duma Energy Corporation (DUMA) Gains Working Interest In Major Namibia Concession through Acquisition of NEI

Duma Energy, an aggressive growth company actively producing oil and gas in the U.S., both on and offshore, announced today that it has entered into an agreement to acquire Namibia Exploration, Inc., (NEI), making NEI a wholly-owned subsidiary of Duma. Namibia Exploration is organized under the laws of Nevada, with administrative operations in Texas.

NEI holds the rights to a 39% working interest in an onshore Namibian petroleum concession totaling approximately 5.3 million acres of the Owambo Basin in Namibia on the southwest coast of Africa.

According to Duma CEO, Jeremy Driver: “The Owambo Basin in Namibia, where our concession is located, is in the northern part of the country near the border of Angola. The exploration potential of this large concession is high and the preliminary data is encouraging. This acquisition fits our stated strategy of producing domestic cash flow in order to fund high impact international opportunities.”

Duma will hold its indirect working interest in the concession in partnership with the National Petroleum Corporation of Namibia, Ltd., and Hydrocarb Namibia Energy Corporation, a company chartered in the Republic of Namibia, and which is a majority owned subsidiary of Hydrocarb Corporation, a company organized under the laws of Nevada.

Hydrocarb’s President and COO, Mr. Pasquale Scaturro, spoke of the area’s potential. “Africa remains a vastly under-explored continent despite increasing discoveries in recent years of world class oil and gas reserves by companies such as Kosmos and Tullow PLC. Major and independent players such as Chevron and Hyperdynamics have secured huge acreage positions and are budgeting billions of dollars for exploration. The Owambo Basin concession is over 5 million acres, roughly the size of Massachusetts. It has all of the key ingredients for becoming a major oil province, including good reservoir and source rocks that extend into southern Angola, one of the top oil producers in Africa. The commercial terms of our Petroleum Contract are highly favorable and since our concessions are onshore, operating and exploration costs are a fraction of those offshore.”

Pursuant to the terms of the Agreement, Duma is required to issue shares of stock as consideration for the acquisition in accordance with particular milestones based upon market capitalization levels which must be reached within 10 years after the closing of the agreement.

For additional information on Duma Energy, visit the company’s website at The company will be updating its website to include further information regarding this acquisition and the Namibian concession, and a short video has been made available.

For additional information, visit the company’s website at

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UQM PowerPhase Pro® 100 Electric Drive System Installed in 100 London Taxicabs during 2012 Olympic Games

UQM Technologies, Inc. (UQM) has given a great number of athletes and dignitaries the opportunity to experience the smoothness and efficiency of their UQM PowerPhase Pro® electric drive system by equipping 100 London taxicabs with the cutting-edge system during the 2012 Olympic Games in London, England.

“The demand for alternative propulsion technologies continues to expand globally,” said Eric Ridenour, UQM Technologies’ President and Chief Executive Officer. “We are excited that our PowerPhase Pro 100 electric drive system was selected to power a fleet of iconic London taxicabs during the London 2012 Summer Olympics. The rigorous performance requirements of these taxicabs highlight the durability and performance of UQM’s products in real-world settings.”

There are over 21,000 London taxicabs in operation today, and the cabs themselves have a brilliant history of outstanding service, as well as being very recognizable to local and visitor alike. Intelligent Energy, Lotus Engineering, TRW Conekt and London Taxi International have propositioned the British Government to initiate a research and funding program for the development of hydrogen fuel cell taxicabs.

The UQM PowerPhase Pro 100 electric motor operates in a rear wheel drive configuration powered by an Intelligent Energy designed fuel cell system working in conjunction with a high voltage battery pack and a UQM DC-to-DC converter. Intelligent energy anticipates the hydrogen-powered vehicle will ramp up into full production after the completion of a successful test program later this year.

“We have capacity to quickly increase production should more London taxicabs be converted to zero-emission propulsion systems,” said Ridenour.
This fleet joins another previously announced UQM-powered vehicle at the London 2012 Summer Olympics.

UQM’s PowerPhase electric propulsion systems have been selected to power CODA Automotive passenger cars, the Audi A-1 e-tron, Rolls-Royce 102EX Electric Phantom and EV Engineering pre-production test fleet vehicles. UQM is also powering Hino electric city buses, Proterra electric composite transit buses and Electric Vehicles International all-electric medium-duty truck, as well as100 walk-in delivery vans for UPS and Boulder EV delivery vans for Federal Express. UQM’s manufacturing facility has 40,000 units of annual production capacity for its PowerPhase Pro electric propulsion systems.

For further information, please visit

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GlobalWise Investments, Inc. (GWIV) Helps the Highway Patrol

The Ohio State Highway Patrol (OSHP) is an internationally accredited agency dedicated to professional law enforcement services for the entire state of Ohio, covering roughly 11 million people and 44 thousand square miles. The agency’s Central Records Division is responsible for maintaining records and reports for all incidents involving Ohio state highways, a massive responsibility. Their growing challenge involved, for example, the creation of public access and high-speed retrieval of over 86,000 crash reports every year.

The solution was the implementation of a public web access crash report system created jointly by OSHP and Intellinetics, now a wholly-owned subsidiary of GlobalWise Investments. The system uses Intellivue document imaging software from Intellinetics, providing a portal which the public can use to access and purchase tens of thousands of crash report images. The solution not only saves money on postage, supplies, and work hours previously needed to handle the huge amount of paperwork required, but it also generates cash income for the agency through document purchases.

GlobalWise provides advanced cloud-based document access systems that allow organizations unmatched access and control of their documents. The company’s flagship platform, IntellivueTM, represents a new industry standard, enabling clients to manage the content of every scanned document, file, spreadsheet, email, photo, audio file or video tape, essentially anything that can be digitized, from any PC, laptop, tablet, or smartphone, from anywhere in the world.

The increase in information that is swamping many organizations is exactly the problem being successfully addressed by GlobalWise. Companies are discovering that the vast majority of their documents, containing critical content, can get trapped as unstructured data, unable to be easily located when needed. The result can be inefficiency, lost labor, higher costs, and dangerous errors. GlobalWise lets organizations regain control of their data.

For more information, visit

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TNI BioTech, Inc. (TNIB) Signs Letter to Open and Operate Clinics in Africa

TNI BioTech, Inc. has announced the signing of a letter-of-intent agreement to open and operate clinics in the Republic of Malawi, Africa, for oncology and the treatment of HIV/AIDS and other infectious diseases. The agreement falls under a joint venture agreement that the company has with GB Oncology and Imaging Group LTD (GBOIG).

There is a critical need in Malawi for HIV/AIDS and cancer treatment, with U.S. officials estimating the HIV infection rate as being approximately 10%. The UN estimates that nearly 23 million people in sub-Saharan Africa are HIV positive. 70% of new HIV infections worldwide are in sub-Saharan Africa, and 90% of HIV positive children are living in sub-Saharan Africa. Almost half of all deaths from AIDS-related illnesses in 2010 were in southern Africa.

The President of the Republic of Malawi, Joyce Banda, is a women’s rights activist who has backed aggressive HIV prevention programs. The new government has signed an agreement with GBOIG, in partnership with TNI BioTech, to provide treatments, including safer and more effective radiation, new targeted drug therapies, and minimally invasive surgical alternatives. The clinics will also support patients using patented therapies from TNI BioTech to boost the immune system. Low Dose Naltraxone (LDN) in clinical trials, both in the United States and Africa, has shown to be an effective immune system modulator without significant toxic side effects. It is non-addicting and can be administered by a single capsule once daily. IRT-103 (LDN) is also now available as a transdermal cream that is made for and is particularly effective with children suffering from a compromised immune system.

A Managing Member of GBOIG commented on the potential benefits of the treatments: “Though cultural mores change very slowly, we believe that IRT-103 (LDN) can serve to save literally millions of lives within a relatively short time at a cost of a $1.00 a day per person. This is in marked contrast to the $240 per dose for the antiretroviral drugs which must be taken several times a day, require a lot of medical supervision, and are notorious for toxic side effects and drug resistance in the patients who are fortunate enough to obtain them.”

TNI BioTech CEO, Noreen Griffin, said: “When you understand that there are millions of victims of HIV/AIDS in Africa and only 37% of the people eligible for treatment in sub-Saharan Africa received antiretroviral drug treatment in 2009 because of economics, health personnel availability, and drug availability, we felt that something had to be done.”

TNI BioTech, Inc. is a biotech company combating fatal diseases through the activation and mobilization of the body’s immune system using patented immunotherapy. Under the agreement, GBOIG and TNIB expect to have the oncology and infectious disease clinic fully operational within 12 months, and hope to begin treatment for HIV patients within 180 days of the signing of the agreement. Under the agreement, TNIB and GBOIG will begin by providing HIV/AIDS treatment to 25,000 patients and hopefully expand to 500,000 patients within two years.

For additional information, visit

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Fireman’s Contractors (FRCN) Highlights Launch of First Franchise

August 7, 2012

Fireman’s Contractors, Inc., a commercial contractor for the pavement maintenance and parking lot maintenance industry, today announced the launch of its first Firemans Contractors’ franchise, “Station 1,” in the Dallas-Fort Worth Metroplex. The station began operations July 1, followed by a ribbon cutting ceremony July 14.

“It’s an exciting time for our company as we are having tremendous interest shown by new potential franchisees. Launching of our first franchise has bred excitement and helped expose our franchise opportunity to other quality individuals and entrepreneurs. Mr. Fred Hermosillo, who has almost 20 years of experience in the pavement industry, seized the opportunity to own the first franchise and we both are looking forward to Station 1 being a great success,” Renee Gilmore, CEO of Firemans Contractors, stated in the press release.

Fireman’s Contractors is a member of the International Franchise Association (IFA), and a partner in the veterans’ financial incentives program, the VetFran Initiative. Fireman’s Contractors launched its first franchise development program to expand market share through franchise operations.

The company offers its new franchisees representation at the AATC – AAGD Business Exchange Trade Show, which attracts more than 200 executives from more than 50 property management companies, providing networking and discussion opportunities.

“Since last year’s attendance at the AATC-AAGD Business Exchange, Fireman’s not only gained a lot of new customers, but repeat business is up from 36% to 60% this fiscal year,” Gilmore stated.

For more information visit:

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CytoSorbents (CTSO) Awarded $3.8M Contract to Develop Sepsis Treatment Program

August 6, 2012

Company looks to advance polymer technologies as it meets key milestones set by Department of Defense’s Defense Advanced Research Projects Agency (DARPA) program.

CytoSorbents Corp., a company using blood purification technology to treat life-threatening illnesses, today announced that it has received from DARPA a technology development contract worth up to $3.8 million as part of its Dialysis-Like Therapeutics (DLT) program to treat sepsis, an often fatal condition caused by microorganisms or toxins in the tissue or bloodstream.

DARPA, an agency of the U.S. Department of Defense, is funding CytoSorbents’ development of a portable, artificially intelligent blood purification system capable of detecting and removing substances that can contribute to sepsis, including cytokines, toxins, biowarfare agents, pathogens, and activated cells.

Per the new development contract, CytoSorbents will receive $1.5 million in funding designated for the first of five years, based upon the satisfactory achievement of pre-determined milestones.

“We are delighted to officially begin working with DARPA on this exciting project and are honored to have had our unique core blood purification technology selected for funding. We are one of the industry leaders in the area of blood purification to treat sepsis and other critical care illnesses, with our first-in-class CytoSorb cytokine filter currently approved and commercialized in the European Union,” Dr. Phillip Chan, CEO, stated in the press release.

“That being said, under this DARPA program, we are looking to significantly advance our polymer technologies to not only remove cytokines, but also a wide variety of toxins, and do so with little to no anti-coagulation in both high flow and microfluidic systems. …”
Dr. Chan praised CytoSorbents’ technology and voiced assurance that the company can meet DARPA’s requirements.

“Because of the maturity of our technology, we are confident in our ability to meet DARPA’s timetable for technology development and strict performance metrics. Over the past several months, we have also collaborated with some of the leading potential systems integrators, to include our technologies into their integration proposals, under a separately funded DARPA DLT solicitation. The role of the systems integrator is to put together the best detection, separation and predictive modeling technologies into a single blood purification system and guide it to human clinical trials within 4 to 5 years. These partnerships are mutually beneficial and will help to contribute to the success of the overall program,” he stated.

There are currently no approved therapies to treat sepsis in the U.S. or in the EU.

For more information visit

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