Uranium Energy has established a strong reputation in the South Texas Uranium Belt via their regional development/production /processing strategy, tying advanced in-situ recovery capabilities and premiere acreage to the company’s Texas-based, fully licensed, and permitted Hobson processing facility. The company recently tacked on even more logistical momentum to the operation, showcasing excellent resource data with the reportage of the most recent independent resource estimate on the company’s Anderson Project over in Yavapai County, Arizona.
Looking at the data we see a huge addition to the company’s already impressive production pipeline, with Indicated resource estimates coming in at some 17M lbs of U3O8 (12M Inferred) via the jointly produced independent resource estimate (CSA NI 43-101 Qualified Persons were Bruce Davis, of BD Resource Consulting and Bob Sim, of Sim Geological). Wholly commensurate with the company’s brilliant strategy for the region, the Anderson Project is not only expected to evolve as UEC’s flagship project for Arizona, but add mightily to the stream of uranium feeding the company’s Hobson processing facility.
The data for the technical report was acquired via some 665k feet of drilling in 1,464 holes to date (1,054 by Minerals Exploration Company, 385 by Urangesellschaft U.S.A. Inc., and another 25 by Concentric Energy Corp.), including downhole gamma surveys and chemical assays. VP of Exploration for UEC, Clyde L. Yancey, P.G., acted as Qualified Person for the technical review and pegged a 45-day window for release of the technical report itself. This constitutes the most comprehensive current update to the resource outlook for Anderson and offers investors a tantalizing glimpse into the future of UEC’s AZ production stream (the company’s Workman Creek Project is only 180 miles away).
With a long track record of consistent empirical observation to go on, stretching back to initial open-pit mining in the 50’s, the 9,852-acre Anderson Property (459 contiguous, unpatented lode mining and placer claims) is located just 75 miles outside Phoenix and is broken into two basic north and south sections. The northern half contains the open-pittable resource (15.5M lbs indicated, 2.5M inferred) and the southern part contains the underground resource (1.5M lbs indicated, 9.5M inferred).
The mineral resource estimate is based on a complex geological model that details the spatial distribution of uranium in the deposit, in conjunction with sample assay data from the drill holes and mapped according to accepted geostatistical methods (nominal 10×10 meter blocking in 2 meter slices), with resources classified according to sample proximity as per the Canadian Institute of Mining, Metallurgy and Petroleum’s definition standards.
President and CEO of UEC, Amir Adnani, clearly pleased with this hearty expansion of the company’s underlying resource pipeline, hailed the Anderson Project’s large, defined resource estimate as a clear indicator to shareholders of the company’s market position/forward momentum. Citing the energy production and business-friendly attitude of Arizona as ideal for UEC’s business model, Adnani cited the fact that AZ hosts three of the biggest nuclear plants in the country and that they all have received their 20-year license extensions, offering an immediate consumption blanket that reinforces UEC’s growth projections.
Adnani indicated that environmental baseline study data was being amassed in coordination with all aspects of the permitting process (from an objective standpoint, the process should go swimmingly). Arizona is extremely receptive to this sort of work and UEC has a solid reputation for environmentally responsible in-situ recovery, employing some of the most efficient prevailing methods in existence wherever possible.
Recent upticks in the long-term price of U3O8 (up about 2.5%) show the first real positive signs in 17 months that stability/improvement has returned to the vector since Fukushima, spurred on by positive news like the town of Ohi, where the local Japanese government voted 11-1 in favor of restarting the town’s two plants. Japanese PM Noda has gone on record as being inclined to restart in general and this is not surprising as now the country is gobbling up hydrocarbons at an economically unsustainable rate, representing some 90% of all electricity currently consumed in this energy-hungry market. Indeed, the price trend is a clear market factor, we have other news that the Czech Republic set a target for 50% of electrical output to come from nuclear by 2030 and a new report out of China today, as Graham Corp. was awarded $5M in new orders for elector systems, to be made at their facility in Batavia and installed at four Chinese nuclear energy facilities currently under construction.
Anderson will make a great addition to the Palangana in-situ project (currently ramping up production) and should keep UEC flush with inputs for Hobson, precisely as the global market wakes up to the fact that they need nuclear, now more than ever, just to satisfy burgeoning demand for electricity. China certainly has figured it out, planning to build nuclear and coal plants at a rapid pace over the next several decades, the PRC is focusing on safer pebble-bed reactors of modern design and will need huge amounts of yellowcake well into the foreseeable future, meaning that the domestic and export markets will remain stable (likely accelerating over time, as even German Chancellor Merkel recently acknowledged that they are way behind schedule trying to replace nuclear energy infrastructure, something increasingly difficult amid still-ominous European sovereign debt woes).
For more information on the Anderson Project, or to stay up to date with the latest news and information on Uranium Energy Corp., please visit the company’s website at: www.UraniumEnergy.com
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Thursday, May 31, 2012
Wednesday, May 30, 2012
Exelixis, Inc. (EXEL) Completes Filing of Application for Thyroid Cancer Drug Cabozantinib
Exelixis is a biotechnology company committed to developing small molecule therapies for the treatment of cancers. The company’s initial efforts are focused almost exclusively on cabozantinib, a proprietary drug it believes will be very effective in the treatment of patients suffering from thyroid cancer.
The company announced today that it has completed the filing of its rolling New Drug Application (NDA) with the U.S. Food and Drug Administration for cabozantinib as a treatment for patients with progressive, unresectable, locally advanced, or metastatic medullary thyroid cancer. The application was submitted under the FDA’s ‘fast track’ designation, which has been set up to accelerate the review of an investigational therapy for an unmet medical need.
As part of the regulatory filing, Exelixis requested a ‘priority review’ designation from the FDA. If the request is granted, the FDA should complete the review of the data pertaining to cabozantinib within six months of the date of receipt of the final submission.
Exelixis filed for a priority review based on the results of a pivotal phase 3 trial in patients with advanced medullary thyroid cancer. In October 2011, the company reported top-line results from the trial, demonstrating that it had met its primary endpoint of improving progression-free survival (by 7.2 months) when compared to a placebo.
For further information about Exelixis and its cabozantinib drug, please visit the company’s website at www.exelixis.com
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The company announced today that it has completed the filing of its rolling New Drug Application (NDA) with the U.S. Food and Drug Administration for cabozantinib as a treatment for patients with progressive, unresectable, locally advanced, or metastatic medullary thyroid cancer. The application was submitted under the FDA’s ‘fast track’ designation, which has been set up to accelerate the review of an investigational therapy for an unmet medical need.
As part of the regulatory filing, Exelixis requested a ‘priority review’ designation from the FDA. If the request is granted, the FDA should complete the review of the data pertaining to cabozantinib within six months of the date of receipt of the final submission.
Exelixis filed for a priority review based on the results of a pivotal phase 3 trial in patients with advanced medullary thyroid cancer. In October 2011, the company reported top-line results from the trial, demonstrating that it had met its primary endpoint of improving progression-free survival (by 7.2 months) when compared to a placebo.
For further information about Exelixis and its cabozantinib drug, please visit the company’s website at www.exelixis.com
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Brigus Gold Corp. (BRD) Drilling at Black Fox Mine Returns More High-Grade Gold Intercepts
Brigus Gold, the rapidly emerging mid-tier gold producer with primary sites in Canada at their wholly-owned Black Fox Mine (which has an on-site milling facility), announced today that exploratory drilling on the southern arm of Black Fox continues to return high-grade gold assays.
Bringing in results across a good range of gold mineralization values ranging upwards of 5 g/t (across six holes, citing uncut average gold grades over the length of the core widths), with notable entries like 25.72 g/t Au over 33.3 feet (including a whopping 281.75 g/t over 2.8 feet), or 5.42 g/t Au over 103 feet (including 102 g/t Au over 3.3 feet), Brigus’ management must be extremely pleased to be finding yet more evidence that the so-called Contact Zone in the south of the Black Fox Complex is rich in high-grade gold targets.
Indeed, even VP of Exploration for BRD, Howard Bird, in his review of this latest set of data, was somewhat taken aback at just how unexpectedly far over the anticipated widths core values were for this high-grade gold mineralization. While BRD knew there was high-grade gold here from previous drilling, it was not clear just how thick the intercepts could be and these results offer a more complete portrait of the underlying geology/structural makeup of the site that has bolstered confidence at the company considerably.
Bird went on to explain that certain dilation jogs in the immediate geology, in conjunction with cross-cutting fault structures are sufficient to explain the “impressive plunging gold shoots” observed in this latest bout of highly focused/targeted drilling.
The Contact Zone mineralization is characterized by a steeply dipping fault contact between two north-south trending groups (metasediments and mafic volcanic rocks), as well as other proximal hanging wall/footwall zones. With an outline for the area encompassing a strike of some 1,476 feet in length (easterly trending dip of 78 degrees), the company has a very good logistical window here, with the strike open at depth and along strike to the north.
The Black Fox Complex is really the jewel of BRD’s crown and continues to earn that reputation with results like those in today’s report. Black Fox is a huge project of some seven square miles, encompassing the primary mine and mill site, as well as ancillary/adjoining properties in the nearby Township of Black River-Matheson, Ontario. Located smack in the middle of the prolific Timmins Mining District, Black Fox has only seen only approximately 25% of the total footprint systematically explored thus far, leading many investors (as well as the staff at BRD) to posit that there is significant upside potential remaining on the property (something made all the more palpable by today’s findings).
A preliminary economic assessment is currently underway on the Contact Zone (as well as the proximal 147 Zone) and the initial resource estimate compiled in December of last year alone added as much as 50% to the gold resource. Needless to say expectations are running high over at BRD and exploration drilling via the three on-site drilling rigs, with a projected 2012 release date for an updated estimate on Contact and 147, is progressing according to schedule.
The Brigus exploration team supervised Norex Drilling for the majority of surface drilling in today’s report, with sample analysis being handled by respected local laboratory, Polymet Labs over in Cobalt, Ontario (as well as SGS Laboratories in Sudbury, both of whom are ISO 9001:2000 certified in North America for standard fire assay). Senior Exploration Project Manager John A. Dixon, P. Geo., handled the review of technical data, acting as the Qualified Person for BRD and the company has gone to great lengths as usual to implement their standard quality control methods, including insertion of blanks and duplicates.
Adding to this strong production pipeline in Canada, BRD also has the Goldfields property near Uranium City, Saskatchewan, under their belt (economically recoverable gold deposit and reserves of some 1M ounces), as well as satellite projects in Chihuahua and Chiapas, Mexico.
For more information on today’s report that covered new drilling at Black Fox, including analysis of anything over 1 g/t, and a map of the drilling, please visit the Brigus Gold Corp. website at: www.brigusgold.com
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Bringing in results across a good range of gold mineralization values ranging upwards of 5 g/t (across six holes, citing uncut average gold grades over the length of the core widths), with notable entries like 25.72 g/t Au over 33.3 feet (including a whopping 281.75 g/t over 2.8 feet), or 5.42 g/t Au over 103 feet (including 102 g/t Au over 3.3 feet), Brigus’ management must be extremely pleased to be finding yet more evidence that the so-called Contact Zone in the south of the Black Fox Complex is rich in high-grade gold targets.
Indeed, even VP of Exploration for BRD, Howard Bird, in his review of this latest set of data, was somewhat taken aback at just how unexpectedly far over the anticipated widths core values were for this high-grade gold mineralization. While BRD knew there was high-grade gold here from previous drilling, it was not clear just how thick the intercepts could be and these results offer a more complete portrait of the underlying geology/structural makeup of the site that has bolstered confidence at the company considerably.
Bird went on to explain that certain dilation jogs in the immediate geology, in conjunction with cross-cutting fault structures are sufficient to explain the “impressive plunging gold shoots” observed in this latest bout of highly focused/targeted drilling.
The Contact Zone mineralization is characterized by a steeply dipping fault contact between two north-south trending groups (metasediments and mafic volcanic rocks), as well as other proximal hanging wall/footwall zones. With an outline for the area encompassing a strike of some 1,476 feet in length (easterly trending dip of 78 degrees), the company has a very good logistical window here, with the strike open at depth and along strike to the north.
The Black Fox Complex is really the jewel of BRD’s crown and continues to earn that reputation with results like those in today’s report. Black Fox is a huge project of some seven square miles, encompassing the primary mine and mill site, as well as ancillary/adjoining properties in the nearby Township of Black River-Matheson, Ontario. Located smack in the middle of the prolific Timmins Mining District, Black Fox has only seen only approximately 25% of the total footprint systematically explored thus far, leading many investors (as well as the staff at BRD) to posit that there is significant upside potential remaining on the property (something made all the more palpable by today’s findings).
A preliminary economic assessment is currently underway on the Contact Zone (as well as the proximal 147 Zone) and the initial resource estimate compiled in December of last year alone added as much as 50% to the gold resource. Needless to say expectations are running high over at BRD and exploration drilling via the three on-site drilling rigs, with a projected 2012 release date for an updated estimate on Contact and 147, is progressing according to schedule.
The Brigus exploration team supervised Norex Drilling for the majority of surface drilling in today’s report, with sample analysis being handled by respected local laboratory, Polymet Labs over in Cobalt, Ontario (as well as SGS Laboratories in Sudbury, both of whom are ISO 9001:2000 certified in North America for standard fire assay). Senior Exploration Project Manager John A. Dixon, P. Geo., handled the review of technical data, acting as the Qualified Person for BRD and the company has gone to great lengths as usual to implement their standard quality control methods, including insertion of blanks and duplicates.
Adding to this strong production pipeline in Canada, BRD also has the Goldfields property near Uranium City, Saskatchewan, under their belt (economically recoverable gold deposit and reserves of some 1M ounces), as well as satellite projects in Chihuahua and Chiapas, Mexico.
For more information on today’s report that covered new drilling at Black Fox, including analysis of anything over 1 g/t, and a map of the drilling, please visit the Brigus Gold Corp. website at: www.brigusgold.com
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SEFE, Inc. (SEFE) Gets the Word Out
It’s one of the most revolutionary and timely ideas to come along in a very long time, and, although continuing to develop, it’s an idea that has been actively demonstrated to work. It’s the incredible concept of pulling significant amounts of electrical energy directly out of the air, anywhere in the world.
SEFE has developed, and now protected through numerous patents, a tested and verified way of pulling direct current electricity from the atmosphere; cost effective and environmentally safe energy which is then converted to alternating current for immediate use in any application, regardless of how remote it may be from the grid. The technology does not require extensive infrastructure, and can be rapidly scaled up to produce electricity at a unit cost expected to rival wind, or even traditional power sources. A single SEFE energy generation unit could produce enough energy to meet the needs of approximately 140 average American homes, with no carbon footprint or emissions, in any location.
Like the early days of flight, the idea is so innovative and groundbreaking that perhaps the biggest challenge at present is to get people to recognize that it’s true, not a pipe dream, and accept its potential. To this end, SEFE has been working to present the technology at every opportunity, and recently attended the important Electrical Power Conference in Baltimore, Maryland. The conference covers the most important tactical issues in the power industry, and is attended by industry professionals from around the world. SEFE’s presence got big play on signs and displays throughout the event, and led to meetings with energy industry representatives.
SEFE CEO, Don Johnston, commented on the importance of getting the news out about the company and Harmony III, the remarkable system for capturing energy from the air. “We are working on developing contacts in the mining and utility space, as well as using the connections of our consultants and collaborations with universities. SEFE’s technology has the potential to change the world in terms of green, sustainable energy, so promoting Harmony III at events such as the ELECTRIC POWER Conference is meaningful and important as the company goes forward.”
For additional information, visit the company’s websites at www.SEFElectric.com
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SEFE has developed, and now protected through numerous patents, a tested and verified way of pulling direct current electricity from the atmosphere; cost effective and environmentally safe energy which is then converted to alternating current for immediate use in any application, regardless of how remote it may be from the grid. The technology does not require extensive infrastructure, and can be rapidly scaled up to produce electricity at a unit cost expected to rival wind, or even traditional power sources. A single SEFE energy generation unit could produce enough energy to meet the needs of approximately 140 average American homes, with no carbon footprint or emissions, in any location.
Like the early days of flight, the idea is so innovative and groundbreaking that perhaps the biggest challenge at present is to get people to recognize that it’s true, not a pipe dream, and accept its potential. To this end, SEFE has been working to present the technology at every opportunity, and recently attended the important Electrical Power Conference in Baltimore, Maryland. The conference covers the most important tactical issues in the power industry, and is attended by industry professionals from around the world. SEFE’s presence got big play on signs and displays throughout the event, and led to meetings with energy industry representatives.
SEFE CEO, Don Johnston, commented on the importance of getting the news out about the company and Harmony III, the remarkable system for capturing energy from the air. “We are working on developing contacts in the mining and utility space, as well as using the connections of our consultants and collaborations with universities. SEFE’s technology has the potential to change the world in terms of green, sustainable energy, so promoting Harmony III at events such as the ELECTRIC POWER Conference is meaningful and important as the company goes forward.”
For additional information, visit the company’s websites at www.SEFElectric.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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Amtech Systems, Inc. (ASYS) Reports Substantial Interest at Recent SNEC Solar Industry Exhibition & Conference for New Ion Implant & PECVD Products
Amtech Systems, a worldwide supplier of production and automation systems and related supplies for the manufacture of solar cells, semiconductors, and sapphire and silicon wafers, announced today that its new ion implant and PECVD products garnered substantial interest at the SNEC 6th (2012) International Solar Industry and Photovoltaic Exhibition Conference. The conference took place May 16-18, 2012, in Shanghai, China.
Amtech’s China subsidiary, Kingstone Semiconductor, spent just a little over a year developing its ion implant system before showing it at the SNEC Exhibition. This system was developed precisely to serve the solar industry’s continued need to increase efficiency at a lower total cost of ownership.
In addition to the exciting new technology from Kingstone, Tempress Systems, another subsidiary of Amtech, debuted its tube-type batch PECVD product at the SNEC Exhibition. In the development of this new product, Tempress has drawn on its vast expertise in the fields of diffusion batch processing and PECVD development to bring this new product to market. This move positions Tempress to double the size of the solar market it serves.
Mr. Fokko Pentinga, Chief Executive Officer of Amtech, commented, “We are excited to report a very high level of interest in our new products. Having the ion implant system physically at our booth gave our current and prospective customers the opportunity to see the quality of design and manufacturing of this solar implant system and familiarize themselves with its capabilities. We are processing sample wafers for a select number of customers with our machine and are having discussions on potential future orders for the beta machine.”
“Our investment in research and development is delivering highly relevant technologies to the marketplace. Additionally, the introduction of these new technologies serves our ongoing strategic objective to expand our product portfolio and the size of market we serve, and to more fully participate in the next generation, high-efficiency solar market.”
For more information, please visit www.amtechsystems.com
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Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Amtech’s China subsidiary, Kingstone Semiconductor, spent just a little over a year developing its ion implant system before showing it at the SNEC Exhibition. This system was developed precisely to serve the solar industry’s continued need to increase efficiency at a lower total cost of ownership.
In addition to the exciting new technology from Kingstone, Tempress Systems, another subsidiary of Amtech, debuted its tube-type batch PECVD product at the SNEC Exhibition. In the development of this new product, Tempress has drawn on its vast expertise in the fields of diffusion batch processing and PECVD development to bring this new product to market. This move positions Tempress to double the size of the solar market it serves.
Mr. Fokko Pentinga, Chief Executive Officer of Amtech, commented, “We are excited to report a very high level of interest in our new products. Having the ion implant system physically at our booth gave our current and prospective customers the opportunity to see the quality of design and manufacturing of this solar implant system and familiarize themselves with its capabilities. We are processing sample wafers for a select number of customers with our machine and are having discussions on potential future orders for the beta machine.”
“Our investment in research and development is delivering highly relevant technologies to the marketplace. Additionally, the introduction of these new technologies serves our ongoing strategic objective to expand our product portfolio and the size of market we serve, and to more fully participate in the next generation, high-efficiency solar market.”
For more information, please visit www.amtechsystems.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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GlobalWise Investments, Inc. (GWIV) Announces Inaugural Partner Advisory Board Meeting
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 in both the public and private sectors, just announced that an inaugural Partner Advisory Board meeting is taking place in Columbus, Ohio. The three day event is being held May 29 – May 31.
GlobalWise CEO William J. “BJ” Santiago established this meeting to bring together the various forms of sales distribution into a single location to share best practices for selling ECM software services, as well as to jointly develop future applications and improvements to the software portfolio. With ECM software applications being needed for every industry, and any size business, the concern for channel conflict or sharing of trade secrets between competitors is minimal and actually encouraged for the benefit of all those involved.
“I am excited to be hosting the inaugural Partner Advisory Meeting,” exclaimed William J. “BJ” Santiago, CEO of GlobalWise. “Many of our key, strategic Channel Resellers are in an attendance for a fantastic event that will be held over a three day period. I see this as an excellent educational forum for our selling partners to get together and learn how each other use and actively sell our software portfolio. Equally important, our software developers are hearing directly from sales channel partners what the market is asking for so that we are always on the cutting-edge of technology, similar to our migration from premise-based software to an Internet cloud based service delivery model.”
Participants at the inaugural meeting include various Channel Partners who actively market ECM solutions directly to business clients. Those Channel Partners include FormFast, ImageSoft, Primary Solutions, MWA Intelligence (MWAi), and many others. These partners cover a wide range of industries throughout the United States, including state and county governments, insurance, healthcare, court systems and educational institutions. With MWAi, the Company has the opportunity to expand beyond North America into the Asian and EMEA markets internationally.
Also attending is Lexmark International, Inc., who has integrated the IntellivueTM ECM software into their multi-function copiers and printers service offering. Lexmark developed the private-labeled DocMP (Document Management Platform) service that delivers Lexmark clients a multi-function copier and printer embedded with the ECM document management functions provided by Intellinetics’ IntellivueTM software. To see how Lexmark has integrated the IntellivueTM ECM technology into the DocMP platform, please click the following link to watch a YouTube video demonstration: http://youtu.be/69mnWMFy7uA.
“Lexmark is a marquee relationship for GlobalWise and Intellinetics,” commented Santiago. “By integrating the IntellivueTM software into an industry-leading hardware manufacturer like Lexmark, we instantly expanded our sales opportunities with a low-cost, private-labeled sales distribution model. Similar to our Channel Distribution model, this hardware integration approach is another method to expand our sales scope for our software products with cost-effective customer acquisition strategies. I think all of our sales distribution partners will enjoy the three day event and will leave with exciting new ways to market ECM solutions.”
To learn more about the company, visit www.GlobalWiseInvestments.com
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Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
GlobalWise CEO William J. “BJ” Santiago established this meeting to bring together the various forms of sales distribution into a single location to share best practices for selling ECM software services, as well as to jointly develop future applications and improvements to the software portfolio. With ECM software applications being needed for every industry, and any size business, the concern for channel conflict or sharing of trade secrets between competitors is minimal and actually encouraged for the benefit of all those involved.
“I am excited to be hosting the inaugural Partner Advisory Meeting,” exclaimed William J. “BJ” Santiago, CEO of GlobalWise. “Many of our key, strategic Channel Resellers are in an attendance for a fantastic event that will be held over a three day period. I see this as an excellent educational forum for our selling partners to get together and learn how each other use and actively sell our software portfolio. Equally important, our software developers are hearing directly from sales channel partners what the market is asking for so that we are always on the cutting-edge of technology, similar to our migration from premise-based software to an Internet cloud based service delivery model.”
Participants at the inaugural meeting include various Channel Partners who actively market ECM solutions directly to business clients. Those Channel Partners include FormFast, ImageSoft, Primary Solutions, MWA Intelligence (MWAi), and many others. These partners cover a wide range of industries throughout the United States, including state and county governments, insurance, healthcare, court systems and educational institutions. With MWAi, the Company has the opportunity to expand beyond North America into the Asian and EMEA markets internationally.
Also attending is Lexmark International, Inc., who has integrated the IntellivueTM ECM software into their multi-function copiers and printers service offering. Lexmark developed the private-labeled DocMP (Document Management Platform) service that delivers Lexmark clients a multi-function copier and printer embedded with the ECM document management functions provided by Intellinetics’ IntellivueTM software. To see how Lexmark has integrated the IntellivueTM ECM technology into the DocMP platform, please click the following link to watch a YouTube video demonstration: http://youtu.be/69mnWMFy7uA.
“Lexmark is a marquee relationship for GlobalWise and Intellinetics,” commented Santiago. “By integrating the IntellivueTM software into an industry-leading hardware manufacturer like Lexmark, we instantly expanded our sales opportunities with a low-cost, private-labeled sales distribution model. Similar to our Channel Distribution model, this hardware integration approach is another method to expand our sales scope for our software products with cost-effective customer acquisition strategies. I think all of our sales distribution partners will enjoy the three day event and will leave with exciting new ways to market ECM solutions.”
To learn more about the company, visit www.GlobalWiseInvestments.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Orbital Corp. Ltd. (OBT) to Supply FlexDI Engines to AAI
Orbital recently announced that the company has been contracted to supply engines for use in vehicles manufactured by Textron, Inc. subsidiary AAI Unmanned Aircraft Systems. The heavy fuel engines Orbital is supplying utilize the company’s new FlexDI Engine Management system, which enables vehicles to use fuels such as JP5 and JP8, satisfying a U.S. Department of Defense policy which eliminates gasoline fuels for safety and logistic reasons; the DoD’s “one fuel” policy.
Based in Perth, Western Australia, Orbital is focused on providing green product design and development to manufacturers of engines and engine management systems. Orbital technology has been used in the manufacture of a wide variety of vehicles, including motorcycles, marine and recreational vehicles, automobiles, and trucks.
FlexDI engines are intended to be installed in AAI’s Aerosonde Small Unmanned Aircraft System (SUAS), which will be used in fee-for-service operations under a recently won contract from the U.S. Navy and Special Operations Command. The new engine has been designed with a smaller size in mind, in order to be lighter and more fuel efficient, increasing the range of a typical SUAS mission by 40%, or enabling the vehicle to carry a larger payload.
Terry Stinson, CEO and managing director of Orbital, said, “New ground had to be broken with AAI to meet their aggressive SUAS engine requirements, and we have been able to successfully develop and supply the demonstration engines from our Perth facility. This success now leads to production supply of engine systems. This is good example of Australian innovation, and demonstrates Orbital’s engineering and product development capabilities. The small unmanned aerial systems market is an emerging market for Orbital and we look forward to realizing this potential.”
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Based in Perth, Western Australia, Orbital is focused on providing green product design and development to manufacturers of engines and engine management systems. Orbital technology has been used in the manufacture of a wide variety of vehicles, including motorcycles, marine and recreational vehicles, automobiles, and trucks.
FlexDI engines are intended to be installed in AAI’s Aerosonde Small Unmanned Aircraft System (SUAS), which will be used in fee-for-service operations under a recently won contract from the U.S. Navy and Special Operations Command. The new engine has been designed with a smaller size in mind, in order to be lighter and more fuel efficient, increasing the range of a typical SUAS mission by 40%, or enabling the vehicle to carry a larger payload.
Terry Stinson, CEO and managing director of Orbital, said, “New ground had to be broken with AAI to meet their aggressive SUAS engine requirements, and we have been able to successfully develop and supply the demonstration engines from our Perth facility. This success now leads to production supply of engine systems. This is good example of Australian innovation, and demonstrates Orbital’s engineering and product development capabilities. The small unmanned aerial systems market is an emerging market for Orbital and we look forward to realizing this potential.”
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Penson Worldwide, Inc. (PNSN) Agrees to Sell Futures Division to Knight Financial
Penson Worldwide announced yesterday that it has reached an agreement with Knight Capital Group, Inc. (NYSE Euronext: KCG) regarding the sale of certain assets and liabilities of the futures division of Penson’s U.S. broker-dealer subsidiary, Penson Financial Services, Inc. (PFSI). The deal, subject to standard closing conditions and regulatory approvals, is projected to close in the second quarter of 2012. PFSI’s futures division services over 60 introducing brokers, high frequency traders, hedgers, non-clearing FCMs, professional traders, and exchange members.
As consideration for the transfer of certain assets and liabilities of the futures division, Penson will receive $5 million at closing. A portion of the $5 million will be held until the transfer of certain exchange seats or memberships. In addition to this lump sum, earn-out payments will be made to Penson based on the performance of the futures division over the next three years. Management at Penson anticipates the total amount of consideration will result in a small gain on the entirety of the sale.
Knight will receive customer futures positions and segregated funds and collateral, and foreign exchange positions and margin. Customers will not be inconvenienced by a change in access to their positions and accounts as a result of the transfer, and the transfer will not require any technology conversions or updates. Current management of Penson’s futures division will remain in place, and through a transition services agreement, Penson will continue to service its introducing brokers and customers. The vast majority of futures division employees are expected to make the transition to Knight. Additional details will be provided in further Penson filings with the Securities and Exchange Commission.
“Knight provides accounts with a stable, well-capitalized, independent platform and it will be ‘business as usual’ for futures customers,” said Philip A. Pendergraft, CEO of Penson Worldwide. “This transaction represents an ideal solution for our futures introducing brokers, customers, and related counterparties, as well as for our other stakeholders. As previously announced, we continue to work on other strategic transactions in both the US and Canadian markets.”
“We’re pleased to expand Knight’s capabilities in futures,” says Thomas M. Joyce, Chairman and Chief Executive Officer, Knight Capital Group. “We’ll continue Penson’s work to enhance the client experience through advanced trading technologies and superior service.”
For further information, please visit www.penson.com
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As consideration for the transfer of certain assets and liabilities of the futures division, Penson will receive $5 million at closing. A portion of the $5 million will be held until the transfer of certain exchange seats or memberships. In addition to this lump sum, earn-out payments will be made to Penson based on the performance of the futures division over the next three years. Management at Penson anticipates the total amount of consideration will result in a small gain on the entirety of the sale.
Knight will receive customer futures positions and segregated funds and collateral, and foreign exchange positions and margin. Customers will not be inconvenienced by a change in access to their positions and accounts as a result of the transfer, and the transfer will not require any technology conversions or updates. Current management of Penson’s futures division will remain in place, and through a transition services agreement, Penson will continue to service its introducing brokers and customers. The vast majority of futures division employees are expected to make the transition to Knight. Additional details will be provided in further Penson filings with the Securities and Exchange Commission.
“Knight provides accounts with a stable, well-capitalized, independent platform and it will be ‘business as usual’ for futures customers,” said Philip A. Pendergraft, CEO of Penson Worldwide. “This transaction represents an ideal solution for our futures introducing brokers, customers, and related counterparties, as well as for our other stakeholders. As previously announced, we continue to work on other strategic transactions in both the US and Canadian markets.”
“We’re pleased to expand Knight’s capabilities in futures,” says Thomas M. Joyce, Chairman and Chief Executive Officer, Knight Capital Group. “We’ll continue Penson’s work to enhance the client experience through advanced trading technologies and superior service.”
For further information, please visit www.penson.com
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Tuesday, May 29, 2012
GlobalWise Investments, Inc. (GWIV) Attacks Information Overflow
GlobalWise Investments, via its wholly-owned subsidiary Intellinetics, is a Columbus, Ohio, based developer of ECM (Enterprise Content Management) systems, and offers industry-leading software that delivers cloud based ECM solutions. The company’s flagship platform, IntellivueTM, enables clients to access and manage all types of corporate content, including scanned documents, spreadsheets, email, photos, even audio and video content, almost anything that can be digitized, from any computer, tablet, or smartphone, from anywhere in the world.
Today, virtually every organization on earth increasingly depends upon digitized information, and the organization and access of that information is fast becoming a foundational element of corporate operations. The ECM industry is all about information organization and access, and is expected to exceed $5.7 billion by 2014, growing at a rate of over 10% per year. Traditional content management is simply no longer sufficient to meet the demands of far-flung divisions and on-the-move employees, and can become a significant drag on productivity. Information overflow can result in up to 85% of an organization’s critical content being trapped as unstructured data, a serious situation when concerned with issues like security, compliance, and redundancy.
By offering advanced cloud-based software and ECM solutions to the largely underserved small-to-medium size business market, GlobalWise is now in a position to capture a significant share of that market. The company’s Intellivue platform combines advanced virtualization and automated content management with an open, service-oriented architecture using web services. GlobalWise cutting-edge offerings and open software are used by leading hardware vendors that recognize the growing importance of advanced ECM.
The company has already been successful in targeting a range of industries and applications, including:
• Accounts Payable
• Financial Services
• Education
• Healthcare
• Law Enforcement
• Manufacturing/Distribution
• Retail
For additional information on GlobalWise Investments, visit the company’s website at www.GlobalWiseInvestments.com
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Today, virtually every organization on earth increasingly depends upon digitized information, and the organization and access of that information is fast becoming a foundational element of corporate operations. The ECM industry is all about information organization and access, and is expected to exceed $5.7 billion by 2014, growing at a rate of over 10% per year. Traditional content management is simply no longer sufficient to meet the demands of far-flung divisions and on-the-move employees, and can become a significant drag on productivity. Information overflow can result in up to 85% of an organization’s critical content being trapped as unstructured data, a serious situation when concerned with issues like security, compliance, and redundancy.
By offering advanced cloud-based software and ECM solutions to the largely underserved small-to-medium size business market, GlobalWise is now in a position to capture a significant share of that market. The company’s Intellivue platform combines advanced virtualization and automated content management with an open, service-oriented architecture using web services. GlobalWise cutting-edge offerings and open software are used by leading hardware vendors that recognize the growing importance of advanced ECM.
The company has already been successful in targeting a range of industries and applications, including:
• Accounts Payable
• Financial Services
• Education
• Healthcare
• Law Enforcement
• Manufacturing/Distribution
• Retail
For additional information on GlobalWise Investments, visit the company’s website at www.GlobalWiseInvestments.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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PowerSecure International, Inc. (POWR) Protects East Coast Customer Operations, Assists with Power Restoration Efforts during Tropical Storm Beryl
Leading utility and energy technologies provider PowerSecure International today announced its Interactive Distributed Generation (IDG) standby power systems are supporting utilities and their commercial and industrial customers during the power outage events caused by Tropical Storm Beryl.
Since the start of Memorial Day weekend, PowerSecure’s IDG monitoring team has been in “storm mode,” constantly monitoring East Coast facilities of the company’s customers and protecting their operations from power interruptions and spoilage. Numerous critical East Coast operations are supported by PowerSecure’s IDG systems, including hospitals, schools, industrial sites, military installations, and commercial locations. The company’s IDG systems have operated to support facilities and provide onsite power for as long as 21 hours during the storm.
PowerSecure has additionally reported that its utility services team has sent crews to assist utilities with power restoration efforts along the eastern coast of Florida. The company’s team is supporting efforts to restore power as quickly as possible and is continuing to provide emergency services.
PowerSecure’s IDG systems and utility services teams were in full storm mode before Tropical Storm Beryl hit and will continue closely monitoring any developing storms throughout the remainder of the hurricane season, working to protect customers’ facilities and aid in power restoration efforts in the event of power losses.
PowerSecure International is a leader in providing utility and energy technologies to electric utilities and their industrial, institutional, and commercial customers. The company offers products and services in the areas of energy efficiency, interactive distributed generation (IDG), and utility infrastructure. PowerSecure is an innovator in developing IDG power systems with sophisticated smart grid capabilities.
For more information, visit the company’s Web site at www.powersecure.com
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Since the start of Memorial Day weekend, PowerSecure’s IDG monitoring team has been in “storm mode,” constantly monitoring East Coast facilities of the company’s customers and protecting their operations from power interruptions and spoilage. Numerous critical East Coast operations are supported by PowerSecure’s IDG systems, including hospitals, schools, industrial sites, military installations, and commercial locations. The company’s IDG systems have operated to support facilities and provide onsite power for as long as 21 hours during the storm.
PowerSecure has additionally reported that its utility services team has sent crews to assist utilities with power restoration efforts along the eastern coast of Florida. The company’s team is supporting efforts to restore power as quickly as possible and is continuing to provide emergency services.
PowerSecure’s IDG systems and utility services teams were in full storm mode before Tropical Storm Beryl hit and will continue closely monitoring any developing storms throughout the remainder of the hurricane season, working to protect customers’ facilities and aid in power restoration efforts in the event of power losses.
PowerSecure International is a leader in providing utility and energy technologies to electric utilities and their industrial, institutional, and commercial customers. The company offers products and services in the areas of energy efficiency, interactive distributed generation (IDG), and utility infrastructure. PowerSecure is an innovator in developing IDG power systems with sophisticated smart grid capabilities.
For more information, visit the company’s Web site at www.powersecure.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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MissionIR Features SEFE, Inc. (SEFE) in Exclusive Interview Featuring CEO Don Johnston
MissionIR today announces that its interview with Don Johnston, the Chief Executive Officer of SEFE, is now available online. The complete interview can be heard at http://sefe.missionir.com/sefe/interview.html.
Mr. Johnston provided a brief overview of the company and its targeted markets, individuals comprising the management team, the key advantages of its Harmony III atmospheric energy system, expansion of its intellectual property portfolio, and future plans to acquire other companies in the green space or form joint ventures.
“It has been a busy year for us,” Mr. Johnston stated in the interview. “We have recently moved our research laboratory in Boulder, Colorado, to a larger facility adjacent to the University of Colorado. As mentioned earlier, the university is a leader in the exploration of atmospheric phenomena. We believe entry into a partnership may accelerate the development of our Harmony projects and provide access to significant resources we will require for the ongoing testing of our products.”
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Mr. Johnston provided a brief overview of the company and its targeted markets, individuals comprising the management team, the key advantages of its Harmony III atmospheric energy system, expansion of its intellectual property portfolio, and future plans to acquire other companies in the green space or form joint ventures.
“It has been a busy year for us,” Mr. Johnston stated in the interview. “We have recently moved our research laboratory in Boulder, Colorado, to a larger facility adjacent to the University of Colorado. As mentioned earlier, the university is a leader in the exploration of atmospheric phenomena. We believe entry into a partnership may accelerate the development of our Harmony projects and provide access to significant resources we will require for the ongoing testing of our products.”
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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Kimber Resources, Inc. (KBX) Returns High-Grade Gold and Silver Intercepts via New Drilling at Monterde Project in Mexico
Kimber Resources has built up a substantial gold/silver acreage position in Mexico that is best expressed via the company’s flagship Monterde project (100%-owned), which lies in the heart of the massive (112 sq mile) Sierra Madre Gold/Silver Belt and upon which the company reported today, with exceptional results coming back from the two new test holes drilled to test for new mineralization on previously undrilled land just northeast of the existing Carmen deposit.
The Carmen deposit (in addition to Monterde’s other two main deposits, the Carotare and Veta Minitas – total inferred resource estimates for the project as of May last year, and prior to new discoveries, project some 6.59M oz Au and 22.18M oz Ag) is the true focus of the project and this step-out onto additional acreage showing high-grade gold intercepts with abundant silver is indeed very promising news for KBX:
4.3 g/t Au and 166.6 g/t Ag over 6.9 feet
3.2 g/t Au and 222.0 g/t Ag over 4.9 feet
Some serious hits for Kimber on land that is just northeast of the Carmen deposit and the overall assay results are solid as well, indicating the structural mineralization here observed bears not only huge potential for further testing, but the chance of multiple structures. In fact, this view is supported by the proximal Cocos zone discovery (18.3 g/t Au and 374.3 g/t Ag over 23 feet – reported Jan 26, 2012) and the robust intercepts across the spectrum for today’s reported drilling results.
The multiple intercepts of high-grade gold/silver, while not as dramatic as those listed above, are a very strong indicator that the underlying geological model for Monterde is sound. More importantly the localized model for Carmen and the newly identified mineralization, dubbed Carmen East, is mapped out in great detail by the assays (ranging from 0.2 g/t Au up to 1.6 Au in other data points, with anywhere from 24.0 g/t Ag, up to 80.4 g/t). Looking at the data sets side-by-side it’s a pretty good bet to say KBX has their hands on a major find.
This adds handsomely to the company’s already strong land position in Mexico, bolstering the value of the flagship site and improving the outlook for the flagship’s main deposit. The increased output and work associated with new discoveries at Monterde benefit from the project’s excellent logistics, with paved and gravel roads dovetailing out to state Route 16 from the nearby town of San Rafael (full service infrastructure base and the Chihuahua el Pacifico Railway runs right through it), leading over to Chihuahua. In addition to this good location, there is an extensive network of roads on the site, with ample access (especially around the defined resource and projected extensions).
President and CEO of KBX, Gordon Cummings, was ecstatic, citing the impressive intercepts from Carmen East and underscoring the evidence for multiple structures with the kind of gold/silver returns that will make shareholders eyes light up. Cummings stressed the need for further drilling in the Carmen East zone to extend these findings, confident that the same geological profile that has made Carmen so successful, will pan out in Carmen East.
The dollar has strengthened recently, as European sovereign debt overhang and the auspices of a Grexit (with Spain and Italy still causing major concerns) drive capital into the greenback (USD trading at a 22-month high against the Euro). But even as India’s gold imports this month drop by more than half, the four month trough for the precious metal that has been money for some 5k years shows signs of filling, as Russia’s central bank looks to add 100 tons of gold to the reserve this year alone.
For more information on prevailing activity at Monterde, or to learn more about this gold and silver developer, please visit the Kimber Resources website at: www.KimberResources.com
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MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
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The Carmen deposit (in addition to Monterde’s other two main deposits, the Carotare and Veta Minitas – total inferred resource estimates for the project as of May last year, and prior to new discoveries, project some 6.59M oz Au and 22.18M oz Ag) is the true focus of the project and this step-out onto additional acreage showing high-grade gold intercepts with abundant silver is indeed very promising news for KBX:
4.3 g/t Au and 166.6 g/t Ag over 6.9 feet
3.2 g/t Au and 222.0 g/t Ag over 4.9 feet
Some serious hits for Kimber on land that is just northeast of the Carmen deposit and the overall assay results are solid as well, indicating the structural mineralization here observed bears not only huge potential for further testing, but the chance of multiple structures. In fact, this view is supported by the proximal Cocos zone discovery (18.3 g/t Au and 374.3 g/t Ag over 23 feet – reported Jan 26, 2012) and the robust intercepts across the spectrum for today’s reported drilling results.
The multiple intercepts of high-grade gold/silver, while not as dramatic as those listed above, are a very strong indicator that the underlying geological model for Monterde is sound. More importantly the localized model for Carmen and the newly identified mineralization, dubbed Carmen East, is mapped out in great detail by the assays (ranging from 0.2 g/t Au up to 1.6 Au in other data points, with anywhere from 24.0 g/t Ag, up to 80.4 g/t). Looking at the data sets side-by-side it’s a pretty good bet to say KBX has their hands on a major find.
This adds handsomely to the company’s already strong land position in Mexico, bolstering the value of the flagship site and improving the outlook for the flagship’s main deposit. The increased output and work associated with new discoveries at Monterde benefit from the project’s excellent logistics, with paved and gravel roads dovetailing out to state Route 16 from the nearby town of San Rafael (full service infrastructure base and the Chihuahua el Pacifico Railway runs right through it), leading over to Chihuahua. In addition to this good location, there is an extensive network of roads on the site, with ample access (especially around the defined resource and projected extensions).
President and CEO of KBX, Gordon Cummings, was ecstatic, citing the impressive intercepts from Carmen East and underscoring the evidence for multiple structures with the kind of gold/silver returns that will make shareholders eyes light up. Cummings stressed the need for further drilling in the Carmen East zone to extend these findings, confident that the same geological profile that has made Carmen so successful, will pan out in Carmen East.
The dollar has strengthened recently, as European sovereign debt overhang and the auspices of a Grexit (with Spain and Italy still causing major concerns) drive capital into the greenback (USD trading at a 22-month high against the Euro). But even as India’s gold imports this month drop by more than half, the four month trough for the precious metal that has been money for some 5k years shows signs of filling, as Russia’s central bank looks to add 100 tons of gold to the reserve this year alone.
For more information on prevailing activity at Monterde, or to learn more about this gold and silver developer, please visit the Kimber Resources website at: www.KimberResources.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
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Friday, May 25, 2012
Cross Country Healthcare, Inc. (CCRN) Scheduled to Present at Jefferies Healthcare Conference in New York
Today, Cross Country Healthcare announced that it will be making a presentation on Thursday, June 7, 2012, at 2:00pm ET at the Jefferies 2012 Global Healthcare Conference being held at the Grand Hyatt New York hotel in New York City. In 2011, the healthcare conference drew 300 companies who presented to over 1,400 attendees.
Cross Country’s presentation will be webcast and accessible to anyone with an Internet connection via its web site at www.crosscountryhealthcare.com. Replays will be available for 90 days after the presentation. Through this link, visitors will be able to access the Company’s presentation made by Joseph A. Boshart, Chief Executive Officer of Cross Country Healthcare, Inc., who will provide an overview of Cross Country’s business and prospects.
A diversified leader in healthcare staffing services, Cross Country offers a comprehensive suite of staffing and outsourcing services to the healthcare market. The company believes it is one of the top two providers of travel nurse and allied staffing services; one of the top four providers of temporary physician staffing (locum tenens) services; as well as a leading provider of clinical trial staffing services, retained physician search services, and educational seminars specifically for the healthcare marketplace.
For more information, visit www.crosscountryhealthcare.com
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Cross Country’s presentation will be webcast and accessible to anyone with an Internet connection via its web site at www.crosscountryhealthcare.com. Replays will be available for 90 days after the presentation. Through this link, visitors will be able to access the Company’s presentation made by Joseph A. Boshart, Chief Executive Officer of Cross Country Healthcare, Inc., who will provide an overview of Cross Country’s business and prospects.
A diversified leader in healthcare staffing services, Cross Country offers a comprehensive suite of staffing and outsourcing services to the healthcare market. The company believes it is one of the top two providers of travel nurse and allied staffing services; one of the top four providers of temporary physician staffing (locum tenens) services; as well as a leading provider of clinical trial staffing services, retained physician search services, and educational seminars specifically for the healthcare marketplace.
For more information, visit www.crosscountryhealthcare.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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Bon-Ton Stores Inc. (BONT) Video Chart for Friday, May 25, 2012
With a solid support level at $3.50, BONT made a small move yesterday to bounce off that point. The indicators are set for a rise with a resistance point 25 percent away, which should have technical traders watching closely for bullish pressure and the support to continue to hold on any pullback.
To view the video chart, visit the following link: http://www.missionir.com/videos.html
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To view the video chart, visit the following link: http://www.missionir.com/videos.html
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SunOpta, Inc. (STKL) to Divest Its Canadian Natural Health Products Business
SunOpta is a leading global company in its sector, focused on natural, organic, and specialty food products. Its core operations focus on value-added grains, fiber, and fruit-based products, supported by its global infrastructure with integrated operations, from seed through to the final packaged products.
The company announced today that it has signed a definitive agreement to sell its Canadian natural products distribution business, operated as Purity Life Natural Health Products, to an affiliate of Banyan Capital Partners. The transaction is valued at C$14.7 million and is expected to close, subject to certain conditions, early in June 2012.
Purity Life Natural Health Products distributes a wide range of natural health products, including dietary supplements, vitamins, natural body care, and environmentally-friendly household goods throughout Canada, and also manufactures a number of natural health care products. It is believed the company is the biggest stand-alone distributor of these types of products in Canada, with annual revenues of approximately C$60 million.
The sale of Purity is part of SunOpta’s strategy to focus on its core integrated natural and organic foods sourcing and processing platform. The company had sold its US food distribution assets in mid-2010 and this transaction now completes its exit from the distribution business. SunOpta’s president and CEO, Steve Bromley, said, “This transaction further simplifies and focuses our business model while strengthening our balance sheet and positioning our company for future growth opportunities.”
For additional information about SunOpta and its business, please visit the company’s website at www.sunopta.com
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The company announced today that it has signed a definitive agreement to sell its Canadian natural products distribution business, operated as Purity Life Natural Health Products, to an affiliate of Banyan Capital Partners. The transaction is valued at C$14.7 million and is expected to close, subject to certain conditions, early in June 2012.
Purity Life Natural Health Products distributes a wide range of natural health products, including dietary supplements, vitamins, natural body care, and environmentally-friendly household goods throughout Canada, and also manufactures a number of natural health care products. It is believed the company is the biggest stand-alone distributor of these types of products in Canada, with annual revenues of approximately C$60 million.
The sale of Purity is part of SunOpta’s strategy to focus on its core integrated natural and organic foods sourcing and processing platform. The company had sold its US food distribution assets in mid-2010 and this transaction now completes its exit from the distribution business. SunOpta’s president and CEO, Steve Bromley, said, “This transaction further simplifies and focuses our business model while strengthening our balance sheet and positioning our company for future growth opportunities.”
For additional information about SunOpta and its business, please visit the company’s website at www.sunopta.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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Uranium Energy Corp. (UEC) Shows the Viability of Environmentally Progressive Mining
When Uranium Energy Corp., a U.S. based uranium exploration/development/production company, recently provided a progress report indicating that various required environmental approvals had either been received or were anticipated, it was a testament to the advances in uranium mining that have been developed over the years. In particular, UEC employs what is called in-situ recovery, or ISR, at its Palangana uranium project in South Texas, where the company has just completed its first full year of production.
ISR is injected-solution mining that essentially reverses the natural process that deposited the uranium in the sandstones in the first place. With ISR, ground water is fortified with gaseous oxygen and introduced to the uranium ore body through a pattern of injection wells. The uranium was in an oxidized form at one time, but nature reduced it during the natural ground water deposit process that occurred eons ago. This solution injection approach reverses that natural process, easily dissolving the uranium from its sandstone host. The uranium-bearing solution is then brought back to the surface using production wells.
The uranium is then concentrated on special resin beads and trucked to the company’s own nearby Hobson processing plant. At Hobson, the uranium is further concentrated and dried into yellowcake for delivery to market. Outside of the U.S., where environmental laws are less restrictive, acid leaching may be used.
At Palangana, after just the first year of production, 236,000 pounds of U3O8 were produced at an average cash cost of $16 per pound. Of the 236,000 pounds produced, UEC has sold 120,000 pounds at an average price of $52 per pound, generating revenues of $6.2 million. The company still has 116,000 pounds available for sale in inventory with a market value of $6.0 million.
For more information, see the company website at www.UraniumEnergy.com
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MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
ISR is injected-solution mining that essentially reverses the natural process that deposited the uranium in the sandstones in the first place. With ISR, ground water is fortified with gaseous oxygen and introduced to the uranium ore body through a pattern of injection wells. The uranium was in an oxidized form at one time, but nature reduced it during the natural ground water deposit process that occurred eons ago. This solution injection approach reverses that natural process, easily dissolving the uranium from its sandstone host. The uranium-bearing solution is then brought back to the surface using production wells.
The uranium is then concentrated on special resin beads and trucked to the company’s own nearby Hobson processing plant. At Hobson, the uranium is further concentrated and dried into yellowcake for delivery to market. Outside of the U.S., where environmental laws are less restrictive, acid leaching may be used.
At Palangana, after just the first year of production, 236,000 pounds of U3O8 were produced at an average cash cost of $16 per pound. Of the 236,000 pounds produced, UEC has sold 120,000 pounds at an average price of $52 per pound, generating revenues of $6.2 million. The company still has 116,000 pounds available for sale in inventory with a market value of $6.0 million.
For more information, see the company website at www.UraniumEnergy.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Unwired Planet, Inc. (UPIP) Captures Silicon Valley Airspace with Branded Zeppelin Promoting Pioneering Role Inventing the Mobile Internet
Unwired Planet (formerly, Openwave Systems, Inc.) has an impressive Intellectual Property (IP) track record, assembling a portfolio of over 200 issued U.S. and foreign patents (plus some 75 pending applications), with many of these key technologies being essentially foundational to mobile communications. The company practically invented the Mobile Internet and today announced a new pioneering breakthrough with the launch of a company-branded Zeppelin to take flight in the skies over Silicon Valley.
The flight plan calls for a month of airtime, driving awareness of the company’s rebirth as Unwired Planet, the founder of the Mobile Internet. Additionally, this endeavor will help to promote the company and industry itself by underscoring the important role that UPIP inventors/innovators have played, not only improving perception of the significant economic value created by UPIP’s tech pioneers, but their tremendous impact on the mobile communications industry as a whole.
Brilliant move for UPIP, which is focused on a core strategy emphasizing a multi-faceted, IP-amassing approach centered on deriving substantial shareholder value through aggressive licensing/partnering (and enforcement if necessary).
This announcement marks the first time a B2B technology company like Airship Ventures has thrown in on a sponsorship for a branded Zeppelin over Silicon Valley. The branding partnership between UPIP and Airship Ventures is a spectacular move that should really turn heads throughout the insular and extremely cohesive Silicon Valley community/culture. The company clearly knows what they are doing with this strategy and the anticipated attention this campaign will bring to both the change over in company branding and the core IP portfolio that spans mobile/smart device, cloud technology, and unified messaging platforms, will likely result in amplification of their monetization capacity.
CEO of UPIP, Mike Mulica, threw a spotlight on the primary role played by the company and its historical inventors in building the modern wireless internet environment, confident that this roll out will spark the imaginations of Silicon Valley goers, driving brand awareness for the new identity that is firmly grounded in the vital role played by UPIP. Mulica noted how the Unwired Planet name/concept revivifies that incredibly visionary period of the nascent mobile space, back when the foundational mobile patents were first issued, before any of the convenience we today take for granted was even realized.
Bold moves and statements, but then again we are talking about the company that did the planet’s first ever Wireless Access Protocol (WAP) deployment and has developed technology that plays a critical infrastructural role in the operations of high-profile massive players like AT&T, Comcast, Deutsche Telekom, Time Warner Cable, T-Mobile, Virgin Mobile, Vodacom, and Vodafone (to name just a few).
In a new analytical breakdown by Morgan Stanley, this robust space, dominated by devices like the Kindle, iPhone, Android, other smartphones, wireless tablets, wireless gaming systems, and even more advanced GPS devices (all of which are constantly improving as hardware/software improves), is projected to exceed desktop internet use by 2015. This means that the mobile space will be the new primary venue for activity and thus UPIP is well-positioned with its IP portfolio for the growth that will inevitably result from the burgeoning mobile pipeline.
In fact, with so much traffic migrating to mobile, UPIP’s multi-pronged patent monetization strategy (empowered by hard line moves like their recent International Trade Commission complaint filing, requesting that AAPL and RIM imports of smartphones into the U.S. be barred by the agency, as the company posits their patents are infringed thereby) should reap increasingly generous rewards for the company’s shareholders (the company filed a similar complaint in a federal district court in Delaware). The company believes it has a strong legal position to aggress the massive revenue generated by these large companies that have profited off of technology created by Unwired Planet.
A decade and a half on the front lines of the war to unify the world through internet connectivity, UPIP looks ready to re-emerge with a strong IP hand in the mobile space.
For more information on this Redwood City, California-headquartered mobile tech pioneer, head on over to the Unwired Planet, Inc. website at: www.UnwiredPlanet.com
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MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
The flight plan calls for a month of airtime, driving awareness of the company’s rebirth as Unwired Planet, the founder of the Mobile Internet. Additionally, this endeavor will help to promote the company and industry itself by underscoring the important role that UPIP inventors/innovators have played, not only improving perception of the significant economic value created by UPIP’s tech pioneers, but their tremendous impact on the mobile communications industry as a whole.
Brilliant move for UPIP, which is focused on a core strategy emphasizing a multi-faceted, IP-amassing approach centered on deriving substantial shareholder value through aggressive licensing/partnering (and enforcement if necessary).
This announcement marks the first time a B2B technology company like Airship Ventures has thrown in on a sponsorship for a branded Zeppelin over Silicon Valley. The branding partnership between UPIP and Airship Ventures is a spectacular move that should really turn heads throughout the insular and extremely cohesive Silicon Valley community/culture. The company clearly knows what they are doing with this strategy and the anticipated attention this campaign will bring to both the change over in company branding and the core IP portfolio that spans mobile/smart device, cloud technology, and unified messaging platforms, will likely result in amplification of their monetization capacity.
CEO of UPIP, Mike Mulica, threw a spotlight on the primary role played by the company and its historical inventors in building the modern wireless internet environment, confident that this roll out will spark the imaginations of Silicon Valley goers, driving brand awareness for the new identity that is firmly grounded in the vital role played by UPIP. Mulica noted how the Unwired Planet name/concept revivifies that incredibly visionary period of the nascent mobile space, back when the foundational mobile patents were first issued, before any of the convenience we today take for granted was even realized.
Bold moves and statements, but then again we are talking about the company that did the planet’s first ever Wireless Access Protocol (WAP) deployment and has developed technology that plays a critical infrastructural role in the operations of high-profile massive players like AT&T, Comcast, Deutsche Telekom, Time Warner Cable, T-Mobile, Virgin Mobile, Vodacom, and Vodafone (to name just a few).
In a new analytical breakdown by Morgan Stanley, this robust space, dominated by devices like the Kindle, iPhone, Android, other smartphones, wireless tablets, wireless gaming systems, and even more advanced GPS devices (all of which are constantly improving as hardware/software improves), is projected to exceed desktop internet use by 2015. This means that the mobile space will be the new primary venue for activity and thus UPIP is well-positioned with its IP portfolio for the growth that will inevitably result from the burgeoning mobile pipeline.
In fact, with so much traffic migrating to mobile, UPIP’s multi-pronged patent monetization strategy (empowered by hard line moves like their recent International Trade Commission complaint filing, requesting that AAPL and RIM imports of smartphones into the U.S. be barred by the agency, as the company posits their patents are infringed thereby) should reap increasingly generous rewards for the company’s shareholders (the company filed a similar complaint in a federal district court in Delaware). The company believes it has a strong legal position to aggress the massive revenue generated by these large companies that have profited off of technology created by Unwired Planet.
A decade and a half on the front lines of the war to unify the world through internet connectivity, UPIP looks ready to re-emerge with a strong IP hand in the mobile space.
For more information on this Redwood City, California-headquartered mobile tech pioneer, head on over to the Unwired Planet, Inc. website at: www.UnwiredPlanet.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Thursday, May 24, 2012
VistaGen Therapeutics (VSTA) CEO Shawn Singh Provides Operational Update and Forward Guidance
VistaGen Therapeutics, the ingenious biotech firm advancing potentially game-changing technology via a spectrum approach that combines the company’s Human Clinical Trials in a Test Tube™ platform with aggressive, novel chemical variation drug rescue of once-promising small-molecule drug candidates discontinued due to heart toxicity, recently offered a comprehensive update letter.
Penned by CEO of VSTA, Shawn Singh, the stockholder-directed letter provides a clear view from which to survey the impressive progress of the company since going public only a year ago. Singh noted that the current time is the most momentous for commercialization in the company’s distinguished 14-year history of innovation, underscoring the judicious execution of R&D objectives made possible by the amassing of over $45M to date via strategic relationships, investments, and grants for the exciting technological breakthroughs the company has made.
Singh underscored important IP protection and strategic relationships with top biotech companies, as well as academic researchers, secured during the preceding year. Pointing to a clear crystallization of the underlying technologies, IP, and competencies, Singh seemed exuberant at the potential to not only fulfill the company’s mission to “put humans first” (from a tech standpoint and philosophically), but accelerate shareholder growth in the process.
The beauty of the company’s technology is that we literally have in vitro cell assay capability (2D/3D cell-based bioassay arrays) and the power to create “micro-organs” in a controlled environment that can then serve as a bench, or test-bed framework for handling drug rescue initiatives that otherwise just wouldn’t be possible. VistaGen’s Human Clinical Trials in a Test Tube™ platform is a product engine that can be employed for both in house and in partnered drug discovery and drug rescue programs across a wide range of diseases and conditions.
This capacity to rigorously evaluate response to new drug candidates in engineered human tissue offers a compelling workaround to animal/human testing, whose paradigm-shifting potential should be apparent. But just in case it isn’t, let’s express that potential in no uncertain terms by saying that this technology has the capacity to move truly clinically-relevant human biology from the end phase of the drug development process, right up to the front, so that rapid development/testing can be achieved with high fidelity and yet without risk to human patients.
In recent years a variety of conditions have collectively coalesced in the form of a massive barrier within the pharmaceutical sector, preventing new medicines from coming to market in an expedient fashion. From over half the volume of FDA approvals for new drugs disappearing in the last decade (despite massive infusion of R&D efforts by a host of pharma operators leading to a bevy of new offerings in the space), to the insurmountable hurdles often imposed by the pure logistical problems of accurately testing, to the exorbitant costs associated with development, it is a difficult era indeed in which to be advancing the state of medicine. However, VSTA remains undaunted and has the technological prowess to offer markets, developers, and ultimately patients in dire need of real solutions, a means to leap those hurdles and bypass those barriers, by bringing robust testing/evaluation into the lab at the front-end of the development process.
Moving forward, VSTA looks to leverage its sophisticated network of strategic relationships to pry open even more space in large market drug rescue, driving value to the shareholders while securing additional capital for momentum. The company has dialed in the laser-focus on drug rescue as well, narrowing the confinement beam to five key candidates with the highest potential of rewarding VSTA shareholders, while simultaneously advancing the overall business model. While focusing on securing requisite capital to launch the initial drug rescue program before the year is out, VSTA will be driving hard to also validate their liver toxicity/drug metabolism bioassay system, LiverSafe 3D™, during this first half of next year.
The success of CardioSafe 3D™ as a bioassay architecture in screening for heart toxicity in drug rescue targets mirrors that of LiverSafe 3D™, drawing on the same core cell technology expertise for which VSTA has come to be known throughout the industry. Exhaustive efforts invested in cultivating the company’s “strategic drug rescue ecosystem of collaborators,” are seen by Singh as having all been worthwhile, as the company positions itself to deliver shareholder value on the strength of the combined might of this collaboration ecosystem. Moving forward VSTA plans to launch a variety of CardioSafe 3D™ drug rescue programs targeting the large market product/operator area, as well as generate/license or sell a new lead drug rescue variant (from the initial programs) within the next year.
Singh has the fullest faith and confidence that VSTA’s ingenious work will help major pharmaceutical players not only advanced powerful new therapies, but also save millions of dollars/hours of wasted development time, spent on otherwise great new therapies (with positive efficacy data) that without rescue end up wasted after all that expense (due to associated tissue toxicity issues).
Notably, VSTA plans to list the company’s common stock on a major securities exchange in 2013, commensurate with the incredible development momentum achieved. Also slated for the coming year will be diligent work to complete Phase 1B of clinical development on VSTA’s candidate for Parkinson’s disease, epilepsy, depression, and neuropathic pain, AV-101.
All of the aforementioned goals are well within striking distance for VSTA once the necessary capital is secured, and thanks to the tight integration achieved by management with the company’s strategic partners, VSTA is now able to punch well above its weight in advancing the stem technology and drug rescue-based commercialization initiatives.
The relationship established with one of Canada’s biggest research hospitals, University Health Network, and Dr. Gordon Keller (one of the world’s top minds in the stem cell field), has been successfully extended through September 2017, with the scope of the primary development collaboration also being significantly expanded. Likewise the 10-year relationship with Cato Research and Cato BioVentures has been expanded, now incorporating a right of first offer agreement for VSTA that will provide the company with better access to the large market drug rescue space that is so ideal.
VSTA also entered new collaborations this last year, including a medicinal chemistry collaboration agreement with Synterys to handle future expansion of drug rescue efforts, drug rescue research collaboration with Duke University that dovetails nicely with their leading work on cardiac stem cells (as well as electrophysiology and tissue engineering), and even a novel drug screening collaboration with Vala Sciences aimed at fusing Vala’s high-speed kinetic imaging expertise, with VSTA’s own engineered heart cell technology to radically advance screening methodologies for new drug candidates.
Needless to say, VSTA is incredibly well positioned and is aggressively seeking all necessary factors to obtain full commercialization potential.
To learn more about VistaGen Therapeutics, please visit the company’s website at: www.VistaGen.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Penned by CEO of VSTA, Shawn Singh, the stockholder-directed letter provides a clear view from which to survey the impressive progress of the company since going public only a year ago. Singh noted that the current time is the most momentous for commercialization in the company’s distinguished 14-year history of innovation, underscoring the judicious execution of R&D objectives made possible by the amassing of over $45M to date via strategic relationships, investments, and grants for the exciting technological breakthroughs the company has made.
Singh underscored important IP protection and strategic relationships with top biotech companies, as well as academic researchers, secured during the preceding year. Pointing to a clear crystallization of the underlying technologies, IP, and competencies, Singh seemed exuberant at the potential to not only fulfill the company’s mission to “put humans first” (from a tech standpoint and philosophically), but accelerate shareholder growth in the process.
The beauty of the company’s technology is that we literally have in vitro cell assay capability (2D/3D cell-based bioassay arrays) and the power to create “micro-organs” in a controlled environment that can then serve as a bench, or test-bed framework for handling drug rescue initiatives that otherwise just wouldn’t be possible. VistaGen’s Human Clinical Trials in a Test Tube™ platform is a product engine that can be employed for both in house and in partnered drug discovery and drug rescue programs across a wide range of diseases and conditions.
This capacity to rigorously evaluate response to new drug candidates in engineered human tissue offers a compelling workaround to animal/human testing, whose paradigm-shifting potential should be apparent. But just in case it isn’t, let’s express that potential in no uncertain terms by saying that this technology has the capacity to move truly clinically-relevant human biology from the end phase of the drug development process, right up to the front, so that rapid development/testing can be achieved with high fidelity and yet without risk to human patients.
In recent years a variety of conditions have collectively coalesced in the form of a massive barrier within the pharmaceutical sector, preventing new medicines from coming to market in an expedient fashion. From over half the volume of FDA approvals for new drugs disappearing in the last decade (despite massive infusion of R&D efforts by a host of pharma operators leading to a bevy of new offerings in the space), to the insurmountable hurdles often imposed by the pure logistical problems of accurately testing, to the exorbitant costs associated with development, it is a difficult era indeed in which to be advancing the state of medicine. However, VSTA remains undaunted and has the technological prowess to offer markets, developers, and ultimately patients in dire need of real solutions, a means to leap those hurdles and bypass those barriers, by bringing robust testing/evaluation into the lab at the front-end of the development process.
Moving forward, VSTA looks to leverage its sophisticated network of strategic relationships to pry open even more space in large market drug rescue, driving value to the shareholders while securing additional capital for momentum. The company has dialed in the laser-focus on drug rescue as well, narrowing the confinement beam to five key candidates with the highest potential of rewarding VSTA shareholders, while simultaneously advancing the overall business model. While focusing on securing requisite capital to launch the initial drug rescue program before the year is out, VSTA will be driving hard to also validate their liver toxicity/drug metabolism bioassay system, LiverSafe 3D™, during this first half of next year.
The success of CardioSafe 3D™ as a bioassay architecture in screening for heart toxicity in drug rescue targets mirrors that of LiverSafe 3D™, drawing on the same core cell technology expertise for which VSTA has come to be known throughout the industry. Exhaustive efforts invested in cultivating the company’s “strategic drug rescue ecosystem of collaborators,” are seen by Singh as having all been worthwhile, as the company positions itself to deliver shareholder value on the strength of the combined might of this collaboration ecosystem. Moving forward VSTA plans to launch a variety of CardioSafe 3D™ drug rescue programs targeting the large market product/operator area, as well as generate/license or sell a new lead drug rescue variant (from the initial programs) within the next year.
Singh has the fullest faith and confidence that VSTA’s ingenious work will help major pharmaceutical players not only advanced powerful new therapies, but also save millions of dollars/hours of wasted development time, spent on otherwise great new therapies (with positive efficacy data) that without rescue end up wasted after all that expense (due to associated tissue toxicity issues).
Notably, VSTA plans to list the company’s common stock on a major securities exchange in 2013, commensurate with the incredible development momentum achieved. Also slated for the coming year will be diligent work to complete Phase 1B of clinical development on VSTA’s candidate for Parkinson’s disease, epilepsy, depression, and neuropathic pain, AV-101.
All of the aforementioned goals are well within striking distance for VSTA once the necessary capital is secured, and thanks to the tight integration achieved by management with the company’s strategic partners, VSTA is now able to punch well above its weight in advancing the stem technology and drug rescue-based commercialization initiatives.
The relationship established with one of Canada’s biggest research hospitals, University Health Network, and Dr. Gordon Keller (one of the world’s top minds in the stem cell field), has been successfully extended through September 2017, with the scope of the primary development collaboration also being significantly expanded. Likewise the 10-year relationship with Cato Research and Cato BioVentures has been expanded, now incorporating a right of first offer agreement for VSTA that will provide the company with better access to the large market drug rescue space that is so ideal.
VSTA also entered new collaborations this last year, including a medicinal chemistry collaboration agreement with Synterys to handle future expansion of drug rescue efforts, drug rescue research collaboration with Duke University that dovetails nicely with their leading work on cardiac stem cells (as well as electrophysiology and tissue engineering), and even a novel drug screening collaboration with Vala Sciences aimed at fusing Vala’s high-speed kinetic imaging expertise, with VSTA’s own engineered heart cell technology to radically advance screening methodologies for new drug candidates.
Needless to say, VSTA is incredibly well positioned and is aggressively seeking all necessary factors to obtain full commercialization potential.
To learn more about VistaGen Therapeutics, please visit the company’s website at: www.VistaGen.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
inContact, Inc. (SAAS) Receives Customer Interaction Solutions’ CRM Excellence Award
Today, the leading provider of cloud contact center software, inContact, announced it has been named as a recipient of the Customer Interaction Solutions 2012 CRM Excellence Award by TMC, an integrated media company. Customer Interaction Solutions has been the premier publication in the CRM, contact center and teleservices industries since 1982.
Based on hard data, the CRM Excellence Awards recognize products that have tangible results on a client’s business. TCM chose winners on the basis of their product’s or service’s ability to help extend and expand the customer relationship to become all encompassing, covering the entire enterprise and the entire customer lifecycle.
“inContact has been granted a CRM Excellence Award for its commitment to its customers and their clients,” said Rich Tehrani, CEO, TMC. “inContact has demonstrated to the editors of Customer Interaction Solutions that the inContact CRM Plug-in Agent improves the processes of their clients’ businesses by streamlining and facilitating the flow of information needed for companies to better serve customers.”
inContact’s CRM Plug-in Agent is a unique, non-intrusive interface that optimizes agent activities. The product’s “always there, never in the way” ribbon interface delivers the contact and contact information on a single, unified screen on the agent’s CRM desktop. The inContact cloud application can be directly imbedded in commonly used agent applications like Salesforce.com, RightNow Technologies, and Microsoft Dynamics CRM.
Some of the Plug-In Agent’s best features include its ability to unclutter the user’s desktop, speed up outbound dialing, and automate contact documentation. It also gives agents the freedom to control the way their desktop looks and choose settings that works best with their workflow, while displaying critical contact and queue data.
“As the cloud contact center leader, inContact continues to deliver powerful innovations that transform both agent and customer experience,” said Paul Jarman, inContact CEO. “The inContact Plug-in Agent gives our customers a powerful but easy-to-use CRM integration that enables the agent to deliver the most intelligent and personalized service experience.”
The Thirteenth Annual CRM Excellence Award winners can be found in the May 2012 issue of Customer Interaction Solutions magazine. For more information, please visit www.tmcnet.com.
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Based on hard data, the CRM Excellence Awards recognize products that have tangible results on a client’s business. TCM chose winners on the basis of their product’s or service’s ability to help extend and expand the customer relationship to become all encompassing, covering the entire enterprise and the entire customer lifecycle.
“inContact has been granted a CRM Excellence Award for its commitment to its customers and their clients,” said Rich Tehrani, CEO, TMC. “inContact has demonstrated to the editors of Customer Interaction Solutions that the inContact CRM Plug-in Agent improves the processes of their clients’ businesses by streamlining and facilitating the flow of information needed for companies to better serve customers.”
inContact’s CRM Plug-in Agent is a unique, non-intrusive interface that optimizes agent activities. The product’s “always there, never in the way” ribbon interface delivers the contact and contact information on a single, unified screen on the agent’s CRM desktop. The inContact cloud application can be directly imbedded in commonly used agent applications like Salesforce.com, RightNow Technologies, and Microsoft Dynamics CRM.
Some of the Plug-In Agent’s best features include its ability to unclutter the user’s desktop, speed up outbound dialing, and automate contact documentation. It also gives agents the freedom to control the way their desktop looks and choose settings that works best with their workflow, while displaying critical contact and queue data.
“As the cloud contact center leader, inContact continues to deliver powerful innovations that transform both agent and customer experience,” said Paul Jarman, inContact CEO. “The inContact Plug-in Agent gives our customers a powerful but easy-to-use CRM integration that enables the agent to deliver the most intelligent and personalized service experience.”
The Thirteenth Annual CRM Excellence Award winners can be found in the May 2012 issue of Customer Interaction Solutions magazine. For more information, please visit www.tmcnet.com.
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
FluoroPharma Medical, Inc. (FPMI) Product Commercialization Plans
FluoroPharma, a developer of specialized molecular imaging pharmaceuticals used with positron emission tomography (PET) to help detect heart disease and other problems, has stated that it intends to develop its products through the completion of phase II and/or phase III studies, at which point it will seek to partner with organizations that may facilitate the further development and distribution of its products.
Phase I clinical trials have already been completed on the company’s two lead products, CardioPET and BFPET, with pre-clinical trials completed for VasoPET, all related to cardiovascular disease (CAD) detection. The company’s AZPET product for detecting amyloid deposits in the brain for Alzheimer’s disease evaluation is currently in the development stage. Over 12 million patients in the U.S. alone have some degree of acute or chronic CAD, and millions of patients undergo molecular imaging studies every year, often to detect and evaluate such heart disease.
Assuming CardioPET and BFPET are approved, their competition will be the current standard of care, and companies that are engaged in the development and commercialization of novel cardiac perfusion agents. However, FluoroPharma says it does not see competition coming from specific competitors for CardioPET and to some degree for BFPET. FluoroPharma’s technologies will be competing mainly on an indication-by-indication basis with the existing or coming standards of care.
FluoroPharma believes current experimental imaging agents are limited by their short half-lives (generally less than ½ hour), requiring faster image collection and/or an on-site cyclotron or generator to provide an additional supply. For this reason, they believe that these agents represent little or no potential competition to FluoroPharma products. In contrast, the imaging agent used in FluoroPharma products has a 110-minute half-life, and is more amenable to regional production and distribution to off-site nuclear medicine centers.
For more information, see the company website at www.FluoroPharma.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Phase I clinical trials have already been completed on the company’s two lead products, CardioPET and BFPET, with pre-clinical trials completed for VasoPET, all related to cardiovascular disease (CAD) detection. The company’s AZPET product for detecting amyloid deposits in the brain for Alzheimer’s disease evaluation is currently in the development stage. Over 12 million patients in the U.S. alone have some degree of acute or chronic CAD, and millions of patients undergo molecular imaging studies every year, often to detect and evaluate such heart disease.
Assuming CardioPET and BFPET are approved, their competition will be the current standard of care, and companies that are engaged in the development and commercialization of novel cardiac perfusion agents. However, FluoroPharma says it does not see competition coming from specific competitors for CardioPET and to some degree for BFPET. FluoroPharma’s technologies will be competing mainly on an indication-by-indication basis with the existing or coming standards of care.
FluoroPharma believes current experimental imaging agents are limited by their short half-lives (generally less than ½ hour), requiring faster image collection and/or an on-site cyclotron or generator to provide an additional supply. For this reason, they believe that these agents represent little or no potential competition to FluoroPharma products. In contrast, the imaging agent used in FluoroPharma products has a 110-minute half-life, and is more amenable to regional production and distribution to off-site nuclear medicine centers.
For more information, see the company website at www.FluoroPharma.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
2012 Vehicle Satisfaction Awards Announced by Autobytel, Inc. (ABTL) and AutoPacific
Autobytel is an online leader offering consumer purchase requests and marketing resources to auto dealers and manufacturers. The company also provides consumers with the information they need to purchase new and used vehicles.
Today, the company and AutoPacific, an automotive marketing research and product consulting firm, announced the 16th annual Vehicle Satisfaction Awards. Based on the largest single-model year survey of vehicle owners, the Awards are designed to help consumers make informed vehicle purchase decisions with a true “word-of-mouth” survey.
More than 75,000 vehicle owners across all major manufacturers took part in the survey. New vehicle owners provide input on 48 individual attributes that objectively measure the ownership experience. Some of the attributes covered by the survey include power and acceleration, interior and exterior styling, cargo capacity, quietness of the vehicle, the ease of getting in and out of the car, and driver’s seat comfort.
The survey seems to indicate that overall drivers are satisfied with the autos they purchased. The president of AutoPacific, George Peterson, summed up the survey results. He said, “In today’s market, it’s difficult to find a low-quality vehicle. The quality of vehicles from all manufacturers has risen to the highest level in history.”
For specific survey results and more information about the company, please visit Autobytel’s website at www.autobytel.com
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Today, the company and AutoPacific, an automotive marketing research and product consulting firm, announced the 16th annual Vehicle Satisfaction Awards. Based on the largest single-model year survey of vehicle owners, the Awards are designed to help consumers make informed vehicle purchase decisions with a true “word-of-mouth” survey.
More than 75,000 vehicle owners across all major manufacturers took part in the survey. New vehicle owners provide input on 48 individual attributes that objectively measure the ownership experience. Some of the attributes covered by the survey include power and acceleration, interior and exterior styling, cargo capacity, quietness of the vehicle, the ease of getting in and out of the car, and driver’s seat comfort.
The survey seems to indicate that overall drivers are satisfied with the autos they purchased. The president of AutoPacific, George Peterson, summed up the survey results. He said, “In today’s market, it’s difficult to find a low-quality vehicle. The quality of vehicles from all manufacturers has risen to the highest level in history.”
For specific survey results and more information about the company, please visit Autobytel’s website at www.autobytel.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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Wednesday, May 23, 2012
PolyMet Mining Corp. (PLM) NorthMet Project in Northeastern MN’s Established Mesabi Iron Range Nears Completion of Environmental Review
PolyMet Mining, which has rapidly built a solid mineral position in Northeastern Minnesota’s well established Mesabi Iron Range mining district, with 100% control of both the NorthMet copper-nickel-precious metals ore body (long-term lease) and the proximal Erie Plant (a large crushing/milling facility only six miles away from the ore), was pleased to announce continued progress on the NorthMet project’s environmental review today.
The company has been working hand-in-hand with the Minnesota Department of Natural Resources, U.S. Forest Service, and the U.S. Army Corps of Engineers to formulate a comprehensive draft Environmental Impact Statement (EIS) that will map out the project details, as well as potential ecological impact (this document will serve as the basis for permitting decisions by relevant agencies).
PolyMet has spent considerable time and effort developing the most comprehensive water, air, and wetland environmental impact models possible for both the operational interval and for afterwards. The models will also serve as a blueprint for bringing the project into tight alignment with all state and federal environmental standards, serving as a guide for the requisite engineering requirements needed to meet those standards.
This new EIS will feature several key enhancements over the previously published one from back in 2009, satisfying in detail the environmental concerns raised by the EPA and others. The rigorous analytical work being done by PLM to ensure the long-term success of the NorthMet project satisfies what is perhaps the single most important regulatory obstacle for the company here and no time or effort has been held back as the completion of this review, as well as the publication of a supplemental draft EIS, draws closer.
The current timeline moving forward looks pretty standard for this sort of operation, with agency review and quality assurance/control secured for the environmental models coming fist, then incorporation of the engineering requirements to ensure state/federal standards are met, next will be the supplemental EIS with agency comments from sources like the EPA meshed in (subsequent release to public), and finally the process culminates in preparation/release of the final EIS in anticipation of permitting.
PLM is on-track for permitting and that’s the key take away here, with lead regulatory agencies updating the running schedule for the NorthMet EIS, and a Q1 2013 supplemental draft publication date being anticipated (agency review format available 2-3 months prior).
The NorthMet project would be a good deal for Northern Minnesota, creating some 360 stable, long-term jobs and infusing the local economy with considerable parallel activity, as the (projected 1.5M hours of construction labor time) build itself, in conjunction with resulting activity will infuse the region with capital/economic activity. Having already completed the definitive feasibility study on NorthMet, PLM is quite eager to get to work going after the resource and one can see a flurry of activity now at the company’s HQ, located nearby the mine in Hoyt Lakes.
The schedule should be finalized sometime next month in early June and the company plans to make interim milestone achievement reports as the publication date approaches.
PolyMet has quite a developing project on their hands in MN and looks to continue branching out as well as the company strives to live up to their mission statement of pursuing copper, nickel, cobalt, platinum, palladium, and gold resources.
For more information on PolyMet Mining Corp. please visit the company’s website at: www.PolyMetMining.com
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The company has been working hand-in-hand with the Minnesota Department of Natural Resources, U.S. Forest Service, and the U.S. Army Corps of Engineers to formulate a comprehensive draft Environmental Impact Statement (EIS) that will map out the project details, as well as potential ecological impact (this document will serve as the basis for permitting decisions by relevant agencies).
PolyMet has spent considerable time and effort developing the most comprehensive water, air, and wetland environmental impact models possible for both the operational interval and for afterwards. The models will also serve as a blueprint for bringing the project into tight alignment with all state and federal environmental standards, serving as a guide for the requisite engineering requirements needed to meet those standards.
This new EIS will feature several key enhancements over the previously published one from back in 2009, satisfying in detail the environmental concerns raised by the EPA and others. The rigorous analytical work being done by PLM to ensure the long-term success of the NorthMet project satisfies what is perhaps the single most important regulatory obstacle for the company here and no time or effort has been held back as the completion of this review, as well as the publication of a supplemental draft EIS, draws closer.
The current timeline moving forward looks pretty standard for this sort of operation, with agency review and quality assurance/control secured for the environmental models coming fist, then incorporation of the engineering requirements to ensure state/federal standards are met, next will be the supplemental EIS with agency comments from sources like the EPA meshed in (subsequent release to public), and finally the process culminates in preparation/release of the final EIS in anticipation of permitting.
PLM is on-track for permitting and that’s the key take away here, with lead regulatory agencies updating the running schedule for the NorthMet EIS, and a Q1 2013 supplemental draft publication date being anticipated (agency review format available 2-3 months prior).
The NorthMet project would be a good deal for Northern Minnesota, creating some 360 stable, long-term jobs and infusing the local economy with considerable parallel activity, as the (projected 1.5M hours of construction labor time) build itself, in conjunction with resulting activity will infuse the region with capital/economic activity. Having already completed the definitive feasibility study on NorthMet, PLM is quite eager to get to work going after the resource and one can see a flurry of activity now at the company’s HQ, located nearby the mine in Hoyt Lakes.
The schedule should be finalized sometime next month in early June and the company plans to make interim milestone achievement reports as the publication date approaches.
PolyMet has quite a developing project on their hands in MN and looks to continue branching out as well as the company strives to live up to their mission statement of pursuing copper, nickel, cobalt, platinum, palladium, and gold resources.
For more information on PolyMet Mining Corp. please visit the company’s website at: www.PolyMetMining.com
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World Energy Solutions, Inc. (XWES) Wins Three Year Spartech Contract
Yesterday, World Energy Solutions announced that it has won a three year contract for energy management with plastics company Spartech. The contract will cover a range of services that will assist Spartech in areas such as lowering the company’s energy consumption and commodity costs.
World Energy Solutions is focused on energy management services for businesses, institutions, and governments, and has transacted more than $30 billion in energy, demand response, and environmental commodities on behalf of its customers. In turn, this has created over a billion in value for their clients. World Energy also supports the Regional Greenhouse Gas Initiative’s (RGGI) cap and trade program for CO2 emissions.
The first three months of the engagement has seen World Energy obtain electricity and renewable energy for Spartech facilities in Maryland, New York, Ohio, and Texas. This is expected to deliver more than $1 million in savings over Spartech’s previous contracts. World Energy will be procuring more electricity and natural gas resources for Spartech over the remainder of 2012, and will be rolling out bill payment services for the company.
Victoria Holt, president & CEO of Spartech, said, “World Energy’s approach to energy management represents a big improvement for us, and the results are speaking for themselves. Not only has World Energy delivered a plan for seven-figure savings to our organization — and begun executing upon it in short order — but it has done so in some markets where we had been told limited opportunities existed. We are benefitting from World Energy’s process and market expertise, their ability to create liquidity and transact in multiple geographies, and the transparent manner in which they operate.”
Added Holt: “Spartech is committed to its Vision of becoming the leading supplier of sustainable plastic solutions by minimizing our impact upon the environment by reducing material consumption, adopting cleaner processes and pursuing more efficient use of energy. World Energy serves as a good partner in this important endeavor, helping us move closer to realizing this Vision.”
Richard Domaleski, CEO of World Energy Solutions, said, “By keeping our focus on delivering value to our customers, we have established an unmatched track record that resonates from the C-suite of the Fortune 100 to the owners and operators of small and mid-sized businesses. There is so much more that companies can be getting from energy management, but they need to be working with the right provider, one who has their best interests in mind and the skill to get the most from the market on their behalf. We appreciate the opportunity to collaborate with Spartech to meet their energy management and sustainability goals, while driving down their total cost of energy.”
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World Energy Solutions is focused on energy management services for businesses, institutions, and governments, and has transacted more than $30 billion in energy, demand response, and environmental commodities on behalf of its customers. In turn, this has created over a billion in value for their clients. World Energy also supports the Regional Greenhouse Gas Initiative’s (RGGI) cap and trade program for CO2 emissions.
The first three months of the engagement has seen World Energy obtain electricity and renewable energy for Spartech facilities in Maryland, New York, Ohio, and Texas. This is expected to deliver more than $1 million in savings over Spartech’s previous contracts. World Energy will be procuring more electricity and natural gas resources for Spartech over the remainder of 2012, and will be rolling out bill payment services for the company.
Victoria Holt, president & CEO of Spartech, said, “World Energy’s approach to energy management represents a big improvement for us, and the results are speaking for themselves. Not only has World Energy delivered a plan for seven-figure savings to our organization — and begun executing upon it in short order — but it has done so in some markets where we had been told limited opportunities existed. We are benefitting from World Energy’s process and market expertise, their ability to create liquidity and transact in multiple geographies, and the transparent manner in which they operate.”
Added Holt: “Spartech is committed to its Vision of becoming the leading supplier of sustainable plastic solutions by minimizing our impact upon the environment by reducing material consumption, adopting cleaner processes and pursuing more efficient use of energy. World Energy serves as a good partner in this important endeavor, helping us move closer to realizing this Vision.”
Richard Domaleski, CEO of World Energy Solutions, said, “By keeping our focus on delivering value to our customers, we have established an unmatched track record that resonates from the C-suite of the Fortune 100 to the owners and operators of small and mid-sized businesses. There is so much more that companies can be getting from energy management, but they need to be working with the right provider, one who has their best interests in mind and the skill to get the most from the market on their behalf. We appreciate the opportunity to collaborate with Spartech to meet their energy management and sustainability goals, while driving down their total cost of energy.”
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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GeoVax Labs, Inc. (GOVX) Second Generation HIV Vaccine will be Subject of HIV Vaccine Trials Network Phase 1 Trial
GeoVax Labs, an Atlanta-based biopharmaceutical firm developing vaccines to prevent and fight Human Immunodeficiency Virus (HIV) infections, announced that enrollment has opened for a Phase 1 trial for the company’s second-generation HIV vaccine. The second-generation is identical to the first except for the addition of granulocyte-macrophage colony-stimulating factor (GM-CSF) to boost vaccine responses. GM-CSF is a naturally occurring human protein that encourages the initiation of immune responses. The second-generation vaccine co-expresses GM-CSF with HIV proteins in the DNA priming vaccinations. GM-CSF is not included in the MVA boost for the GeoVax DNA prime-MVA boost regimen.
The trial, designated HVTN 094, employs a dose-escalation technique to assess the safety and immunogenicity of the second-generation vaccine. The second-generation vaccine achieved a 90% per exposure reduction in infection in the non-human primate model. This represents a significant improvement over the first-generation. The difference in vaccine efficacy translates into 70% of vaccinated animals being protected against 12 repeated rectal challenges. GeoVax anticipates the second-generation vaccine to be moved through into Phase 2a/2b efficacy testing.
The HVTN 094 trial will include 40 vaccinated and 8 control/placebo subjects who will be examined at four sites across the U.S.: the University of Alabama at Birmingham; Brigham and Women’s Hospital, Boston; the University of Rochester, and the San Francisco Department of Public Health. The initial inoculation was administered in Boston at Brigham and Women’s Hospital. The National Institute of Allergy and Infectious Diseases will fund the trial through the HIV Vaccine Trials Network.
Robert McNally, Ph.D, President and Chief Executive Officer of GeoVax, said, “We are extremely pleased the HVTN is conducting the trial with the adjuvanted vaccine. They have substantial experience with our unadjuvanted vaccine and possess appropriate expertise for this first human trial of our GM-CSF co-expressing vaccine that has shown such good promise in preclinical studies.”
For more information, please visit www.geovax.com
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The trial, designated HVTN 094, employs a dose-escalation technique to assess the safety and immunogenicity of the second-generation vaccine. The second-generation vaccine achieved a 90% per exposure reduction in infection in the non-human primate model. This represents a significant improvement over the first-generation. The difference in vaccine efficacy translates into 70% of vaccinated animals being protected against 12 repeated rectal challenges. GeoVax anticipates the second-generation vaccine to be moved through into Phase 2a/2b efficacy testing.
The HVTN 094 trial will include 40 vaccinated and 8 control/placebo subjects who will be examined at four sites across the U.S.: the University of Alabama at Birmingham; Brigham and Women’s Hospital, Boston; the University of Rochester, and the San Francisco Department of Public Health. The initial inoculation was administered in Boston at Brigham and Women’s Hospital. The National Institute of Allergy and Infectious Diseases will fund the trial through the HIV Vaccine Trials Network.
Robert McNally, Ph.D, President and Chief Executive Officer of GeoVax, said, “We are extremely pleased the HVTN is conducting the trial with the adjuvanted vaccine. They have substantial experience with our unadjuvanted vaccine and possess appropriate expertise for this first human trial of our GM-CSF co-expressing vaccine that has shown such good promise in preclinical studies.”
For more information, please visit www.geovax.com
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SEFE, Inc. (SEFE) Offers a Revolutionary New Source of Clean Energy
Talk about pulling something out of thin air: A company called SEFE (which stands for St. Elmo’s Fire) is doing exactly that. It’s the newest and perhaps most intriguing source of clean energy yet developed, and it’s based upon a principle that has been recognized for ages, though only understood in modern times. The principle is that the air, our atmosphere, is a prolific generator of energy. We see its dramatic power every time lightning strikes, but energy is also created invisibly, independent of thunderstorms.
St. Elmo’s Fire is a weather phenomenon in which a strong electrical field in the atmosphere sometimes causes a bluish glow, almost like flames, to appear around aircraft wings, chimneys, or almost any tall or pointed object. Like lightning, it suggests the atmosphere’s unique electrical potential. And this form of static electrical energy is being generated all of the time, everywhere on earth.
After years of research, and numerous patents, SEFE has developed a way to capture the electrical powers inherent in the atmosphere. The company’s system involves proprietary technologies that use atmospheric generated electrical differentials to create a powerful direct current, which is then converted to alternating current for final use. In addition, the system does not require extensive infrastructure, and can be easily and flexibly scaled up to produce electricity at a unit cost that is expected to rival wind, or even conventional power sources.
The company estimates that a single unit, located virtually anywhere, could produce enough power to meet the needs of roughly 140 average American homes. Because it can be easily set up, with no specific locational requirements, the company is currently targeting specialized applications, such as on-site generation for the military or heavy industry, but is also considered for augmenting existing utilities and general use.
For additional information, visit the company’s websites at www.SEFElectric.com
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St. Elmo’s Fire is a weather phenomenon in which a strong electrical field in the atmosphere sometimes causes a bluish glow, almost like flames, to appear around aircraft wings, chimneys, or almost any tall or pointed object. Like lightning, it suggests the atmosphere’s unique electrical potential. And this form of static electrical energy is being generated all of the time, everywhere on earth.
After years of research, and numerous patents, SEFE has developed a way to capture the electrical powers inherent in the atmosphere. The company’s system involves proprietary technologies that use atmospheric generated electrical differentials to create a powerful direct current, which is then converted to alternating current for final use. In addition, the system does not require extensive infrastructure, and can be easily and flexibly scaled up to produce electricity at a unit cost that is expected to rival wind, or even conventional power sources.
The company estimates that a single unit, located virtually anywhere, could produce enough power to meet the needs of roughly 140 average American homes. Because it can be easily set up, with no specific locational requirements, the company is currently targeting specialized applications, such as on-site generation for the military or heavy industry, but is also considered for augmenting existing utilities and general use.
For additional information, visit the company’s websites at www.SEFElectric.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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GlobalWise Investments, Inc. (GWIV) Partners with MWA Intelligence
GlobalWise Investments, and its wholly-owned subsidiary Intellinetics, which offers public and private sectors cloud-based ECM (Enterprise Content Management) solutions, today announced the signing of a new Channel Sales Partnership agreement with MWA Intelligence, Inc. (MWAi), an Arizona based company providing technology that supports the exchange of real-time information between hardware assets, mobile workers, and key stakeholders in mission-critical positions.
MWAi is one of the nation’s biggest providers of IT infrastructure for copier dealer Managed Print Service companies, servicing over 350 major clients throughout the U.S., including Xerox’s Global Imaging Systems. The company provides advanced M2M (machine-to-machine) and M2P (machine-to-people) tools and solutions that support the exchange of real-time information. Adding IntellivueTM from Intellinetics gives them a full suite of ECM template-based offerings.
MWAi intends to expand their service offering beyond North America into Europe and the Asia-Pacific Rim over the next four quarters. As part of that offering, the company is actively working with Intellinetics to convert the Intellivue cloud-based ECM software into a double-byte character set (DBCS), a software language typical for Japanese, Korean, and Chinese translations. By employing DBCS, the Intellinetics software suite will be ready for clients in the Asia-Pacific Rim, in addition to English speaking clients in European countries.
This agreement continues the GlobalWise objective to find the right channel partners who have the ability to rapidly scale ECM sales into new markets such as those which MWAi participates. According to GlobalWise CEO, William J. Santiago, “MWAi was chosen because of their long-standing reputation with the copier channel, their depth of technology offerings and international marketing reach that will expedite our global strategy. MWAi offers copier dealers a full breadth of managed print service solutions, and through the Technology United ecosystem, has developed a visionary approach to bringing innovative solutions.”
MWAi President and CEO, Michael Stramaglio, spoke about why GlobalWise was their best choice: “MWAi evaluated several ECM offerings and found that Intellinetics truly understands the channel, as they have demonstrated in their very creative channel programs that leverage cloud technologies and on-demand solution templates, which will enable accelerated market adoption and growth.” He continued, “This combination will empower MWAi to become the first imaging channel provider to offer comprehensive stage four content management solutions, establishing MWAi as an industry leader in managed document solutions.”
For additional information on GlobalWiseInvestments, visit the company’s website at www.GlobalWiseInvestments.com. For additional information on MWA visit www.MWAIntelligence.com
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MWAi is one of the nation’s biggest providers of IT infrastructure for copier dealer Managed Print Service companies, servicing over 350 major clients throughout the U.S., including Xerox’s Global Imaging Systems. The company provides advanced M2M (machine-to-machine) and M2P (machine-to-people) tools and solutions that support the exchange of real-time information. Adding IntellivueTM from Intellinetics gives them a full suite of ECM template-based offerings.
MWAi intends to expand their service offering beyond North America into Europe and the Asia-Pacific Rim over the next four quarters. As part of that offering, the company is actively working with Intellinetics to convert the Intellivue cloud-based ECM software into a double-byte character set (DBCS), a software language typical for Japanese, Korean, and Chinese translations. By employing DBCS, the Intellinetics software suite will be ready for clients in the Asia-Pacific Rim, in addition to English speaking clients in European countries.
This agreement continues the GlobalWise objective to find the right channel partners who have the ability to rapidly scale ECM sales into new markets such as those which MWAi participates. According to GlobalWise CEO, William J. Santiago, “MWAi was chosen because of their long-standing reputation with the copier channel, their depth of technology offerings and international marketing reach that will expedite our global strategy. MWAi offers copier dealers a full breadth of managed print service solutions, and through the Technology United ecosystem, has developed a visionary approach to bringing innovative solutions.”
MWAi President and CEO, Michael Stramaglio, spoke about why GlobalWise was their best choice: “MWAi evaluated several ECM offerings and found that Intellinetics truly understands the channel, as they have demonstrated in their very creative channel programs that leverage cloud technologies and on-demand solution templates, which will enable accelerated market adoption and growth.” He continued, “This combination will empower MWAi to become the first imaging channel provider to offer comprehensive stage four content management solutions, establishing MWAi as an industry leader in managed document solutions.”
For additional information on GlobalWiseInvestments, visit the company’s website at www.GlobalWiseInvestments.com. For additional information on MWA visit www.MWAIntelligence.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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Tuesday, May 22, 2012
ChinaNet Online Holdings, Inc. (CNET) Q1 Revenues Double; Projects Significant Growth for 2012
ChinaNet Online Holdings, a leading B2B Internet technology company providing online-to-offline sales channel expansion services for small and medium-sized enterprises as well as entrepreneurial management and networking services for entrepreneurs in the People’s Republic of China, today reported its financial results for the first quarter 2012.
Revenues for the three month period increased by 113% to $14.9 million from the $7.0 million reported for the same period a year earlier. The company attributed the increase primarily to the sale of TV and internet advertising and marketing services on the company’s web portals. TV advertising revenue skyrocketed to $10.4 million for the three months ended March 31, 2012, from $0.7 million in the same period in 2011. TV advertising revenues were generated by selling approximately 10,396 minutes of advertising time purchased from provincial TV stations as compared with approximately 835 minutes of advertising time that we sold in the same period in 2011. Revenue from internet advertising and marketing increased by 50% to $4.3 million, as compared to the first quarter of 2011 due to the addition of Sooe.cn and increasing the number of clients on Liansuo.com.
Total cost of sales for the first quarter of 2012 was reported at $12.5 million, compared to $2.0 million a year earlier. Gross profit was $2.4 million for the first quarter, representing gross margin of 16.0%, compared to $5.0 million of gross profit and gross margin of 71% in the first quarter of 2011. The decrease in gross margin was attributed to the percentage of sales from the company’s lower margin TV advertising revenue, which accounted for approximately 69% of total revenues as well as increased resource costs.
Operating expenses for the three months ended March 31, 2012, were approximately $2.3 million, up 15.7% from $2.0 million in the comparable period of 2011. General and administrative expenses increased $0.4 million to $1.2 million. Research and development expenses dropped 6.2% year-over-year to $0.3 million.
The company had an operating income of $0.13 million in the first quarter of 2012 compared to $3.0 million operating income in the first quarter of 2011.
Net loss attributable to common stockholders for the first quarter of 2012 was $0.4 million and loss per share was $0.02 compared to $2.6 million net income attributable to common stockholders and $0.14 earnings per share in the first quarter of 2011, respectively. Total shareholders’ equity of ChinaNet was $41.6 million at March 31, 2012, compared to $41.7 million at December 31, 2011.
In a press release issued earlier today, management provided guidance for the current fiscal year. Full year 2012 revenues are expected to be at least $42 million and net income should be at minimum $2.8 million.
ChinaNet said it’s committed to strategically expanding its client base of over 6,000 current customers by continuing to grow its internet advertising and marketing services business. Currently, 28.com, which connects SME franchisors with new franchisees, generates the majority of revenues. ChinaNet will continue to invest in new technology and expects to increase its market share to over 55% by the end of the third quarter 2012.
As announced previously, management is focused on several new growth and management initiatives to help offset short-term economic challenges on 28.com. Additional initiatives are outlined below:
• Improving internal management with cost reduction plan, expect to increase net profit margin by 2%-5%;
• Addition of Sooe.cn with commercialization expected in Q3 2012;
• Sales campaign with China Business Journal to attract better quality and larger clients in Q3 2012, further extending Liansuo.com’s client base by 20% or more;
• Launching Weibo (like Twister) related value-added marketing service to existing or larger branded customers in Q3 2012 with 3rd party alliance;
• Launching of Zhifuwan.com, an integrated SEM and e-Commerce marketing service as additional value-added services to all other web portals, helping SMEs to further market their Taobao B2C sites by means of technology in Q3 2012.
• With the complexity of additional features, the commercial launch of flying cloud (www.feitengyun.com) has been re-scheduled to occur by the end of October 2012.
With these initiatives, management expects ChinaNet to return to profitability in Q2 2012 based on current and improving economic conditions.
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Revenues for the three month period increased by 113% to $14.9 million from the $7.0 million reported for the same period a year earlier. The company attributed the increase primarily to the sale of TV and internet advertising and marketing services on the company’s web portals. TV advertising revenue skyrocketed to $10.4 million for the three months ended March 31, 2012, from $0.7 million in the same period in 2011. TV advertising revenues were generated by selling approximately 10,396 minutes of advertising time purchased from provincial TV stations as compared with approximately 835 minutes of advertising time that we sold in the same period in 2011. Revenue from internet advertising and marketing increased by 50% to $4.3 million, as compared to the first quarter of 2011 due to the addition of Sooe.cn and increasing the number of clients on Liansuo.com.
Total cost of sales for the first quarter of 2012 was reported at $12.5 million, compared to $2.0 million a year earlier. Gross profit was $2.4 million for the first quarter, representing gross margin of 16.0%, compared to $5.0 million of gross profit and gross margin of 71% in the first quarter of 2011. The decrease in gross margin was attributed to the percentage of sales from the company’s lower margin TV advertising revenue, which accounted for approximately 69% of total revenues as well as increased resource costs.
Operating expenses for the three months ended March 31, 2012, were approximately $2.3 million, up 15.7% from $2.0 million in the comparable period of 2011. General and administrative expenses increased $0.4 million to $1.2 million. Research and development expenses dropped 6.2% year-over-year to $0.3 million.
The company had an operating income of $0.13 million in the first quarter of 2012 compared to $3.0 million operating income in the first quarter of 2011.
Net loss attributable to common stockholders for the first quarter of 2012 was $0.4 million and loss per share was $0.02 compared to $2.6 million net income attributable to common stockholders and $0.14 earnings per share in the first quarter of 2011, respectively. Total shareholders’ equity of ChinaNet was $41.6 million at March 31, 2012, compared to $41.7 million at December 31, 2011.
In a press release issued earlier today, management provided guidance for the current fiscal year. Full year 2012 revenues are expected to be at least $42 million and net income should be at minimum $2.8 million.
ChinaNet said it’s committed to strategically expanding its client base of over 6,000 current customers by continuing to grow its internet advertising and marketing services business. Currently, 28.com, which connects SME franchisors with new franchisees, generates the majority of revenues. ChinaNet will continue to invest in new technology and expects to increase its market share to over 55% by the end of the third quarter 2012.
As announced previously, management is focused on several new growth and management initiatives to help offset short-term economic challenges on 28.com. Additional initiatives are outlined below:
• Improving internal management with cost reduction plan, expect to increase net profit margin by 2%-5%;
• Addition of Sooe.cn with commercialization expected in Q3 2012;
• Sales campaign with China Business Journal to attract better quality and larger clients in Q3 2012, further extending Liansuo.com’s client base by 20% or more;
• Launching Weibo (like Twister) related value-added marketing service to existing or larger branded customers in Q3 2012 with 3rd party alliance;
• Launching of Zhifuwan.com, an integrated SEM and e-Commerce marketing service as additional value-added services to all other web portals, helping SMEs to further market their Taobao B2C sites by means of technology in Q3 2012.
• With the complexity of additional features, the commercial launch of flying cloud (www.feitengyun.com) has been re-scheduled to occur by the end of October 2012.
With these initiatives, management expects ChinaNet to return to profitability in Q2 2012 based on current and improving economic conditions.
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Misonix, Inc. (MSON) Enters New Three-Year Distribution Agreement for Baltic Countries
Misonix is a surgical device company that designs, manufactures, and markets innovative therapeutic ultrasonic products worldwide. The company’s products are used for spine surgery, skull-based surgery, neurosurgery, cosmetic surgery, laparoscopic surgery, and other surgical applications. The combined market that the company serves is estimated to be $3 billion annually.
The company announced today that it has entered into a new, three-year, exclusive distribution agreement with Apex Medicus, which is based in Vilnius, Lithuania, for the distribution of the company’s SonaStar Ultrasonic Surgical Aspirator and the BoneScapel Ultrasonic Bone Cutter. The agreement grants Apex with the right to sell products throughout the Baltic countries of Lithuania, Latvia, and Estonia.
Apex Medicus is well established in neurosurgery and skull-based surgery and has earned a reputation for successfully introducing high-tech products to the Baltic countries. The agreement between Misonix and Apex Medicus calls for Apex to purchase certain minimum amounts of SonaStar and BoneScapel annually.
The SonaStar is used by neurosurgeons and general surgeons for quick and efficient removal of both hard and soft tumors while sparing most vessels. The BoneScapel is a tissue specific osteotomy device capable of making precise cuts through bone and hard tissue while largely preserving delicate soft tissue structures.
This agreement is another step in Misonix’s plan to become a leading global provider of surgical instruments. The partnership with Apex Medicus, in the words of its CEO Michael A. McManus Jr., “fills one of our remaining coverage gaps [in Europe].”
For additional information about Misonix and all of its products, please visit the company’s website at www.misonix.com
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The company announced today that it has entered into a new, three-year, exclusive distribution agreement with Apex Medicus, which is based in Vilnius, Lithuania, for the distribution of the company’s SonaStar Ultrasonic Surgical Aspirator and the BoneScapel Ultrasonic Bone Cutter. The agreement grants Apex with the right to sell products throughout the Baltic countries of Lithuania, Latvia, and Estonia.
Apex Medicus is well established in neurosurgery and skull-based surgery and has earned a reputation for successfully introducing high-tech products to the Baltic countries. The agreement between Misonix and Apex Medicus calls for Apex to purchase certain minimum amounts of SonaStar and BoneScapel annually.
The SonaStar is used by neurosurgeons and general surgeons for quick and efficient removal of both hard and soft tumors while sparing most vessels. The BoneScapel is a tissue specific osteotomy device capable of making precise cuts through bone and hard tissue while largely preserving delicate soft tissue structures.
This agreement is another step in Misonix’s plan to become a leading global provider of surgical instruments. The partnership with Apex Medicus, in the words of its CEO Michael A. McManus Jr., “fills one of our remaining coverage gaps [in Europe].”
For additional information about Misonix and all of its products, please visit the company’s website at www.misonix.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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Iteris, Inc. (ITI) Receives $2.45 Million Contract from Abu Dhabi DoT for Middle East’s First Integrated Travel Information & Navigation
Iteris, the industry leader for intelligent management information solutions, has received the prime, $2.45 million dollar contract for the design, implementation, operation, and maintenance of the first integrated travel information and navigation services in the Middle East from the Abu Dhabi Department of Transport (DoT).
The design and implementation stages of the contract will commence immediately and be followed by a 2 year operations and maintenance agreement. The travel information and navigation service system is projected to be operational in early 2013. Iteris will be managing the project from its Abu Dhabi office with support from its U.S. based staff.
Iteris will lead an international team of Intelligent Transportation Systems experts from several firms, including TrafQuest, Open Roads Consulting, and Mygistics. This team will focus on generating a groundbreaking traveler information system and establishing standards for accuracy and reliability of travel status and real-time routing options for the DoT operations staff, as well as private users. Reaching these milestones requires an incredibly diverse skill set, including expertise in traffic engineering, traveler information applications, central system software, traffic modeling, performance management, GIS, telematics and in-vehicle systems, system implementation, and hands-on operations.
“We are very pleased to embark on the first advanced multi-modal traveler information system in the MENA Region,” said Engineer Salah Al-Marzouqi, Abu Dhabi’s DoT ITS Division Director. “This project will provide transport network users dynamic information relating to congestion, prevailing conditions, incidents, route guidance and travel times, among others, via the web, smart phones and in-car navigation devices. The Iteris team won this tender based on their qualifications to provide an innovative solution for supporting our commitment to improve transport in the Emirate of Abu Dhabi.”
Abbas Mohaddes, president and CEO of Iteris, commented, “We are honored to have been selected by Abu Dhabi DoT for this prestigious program. This project provides us with an excellent platform to provide our services and expertise in the United Arab Emirates and Middle East, enabling us to broaden our international experience in traveler information systems. We look forward to assisting Abu Dhabi DoT in tailoring our Advanced Traveler Information System offerings to their needs and providing a state-of-the-art traveler information resource to Abu Dhabi residents and travelers.”
For more information, please visit www.iteris.com
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The design and implementation stages of the contract will commence immediately and be followed by a 2 year operations and maintenance agreement. The travel information and navigation service system is projected to be operational in early 2013. Iteris will be managing the project from its Abu Dhabi office with support from its U.S. based staff.
Iteris will lead an international team of Intelligent Transportation Systems experts from several firms, including TrafQuest, Open Roads Consulting, and Mygistics. This team will focus on generating a groundbreaking traveler information system and establishing standards for accuracy and reliability of travel status and real-time routing options for the DoT operations staff, as well as private users. Reaching these milestones requires an incredibly diverse skill set, including expertise in traffic engineering, traveler information applications, central system software, traffic modeling, performance management, GIS, telematics and in-vehicle systems, system implementation, and hands-on operations.
“We are very pleased to embark on the first advanced multi-modal traveler information system in the MENA Region,” said Engineer Salah Al-Marzouqi, Abu Dhabi’s DoT ITS Division Director. “This project will provide transport network users dynamic information relating to congestion, prevailing conditions, incidents, route guidance and travel times, among others, via the web, smart phones and in-car navigation devices. The Iteris team won this tender based on their qualifications to provide an innovative solution for supporting our commitment to improve transport in the Emirate of Abu Dhabi.”
Abbas Mohaddes, president and CEO of Iteris, commented, “We are honored to have been selected by Abu Dhabi DoT for this prestigious program. This project provides us with an excellent platform to provide our services and expertise in the United Arab Emirates and Middle East, enabling us to broaden our international experience in traveler information systems. We look forward to assisting Abu Dhabi DoT in tailoring our Advanced Traveler Information System offerings to their needs and providing a state-of-the-art traveler information resource to Abu Dhabi residents and travelers.”
For more information, please visit www.iteris.com
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MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
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Monday, May 21, 2012
GlobalWise Investments, Inc. (GWIV) Receives Coverage from Murphy Analytics
Today, Murphy Analytics announced it has initiated coverage on GlobalWise Investments. The Initiation Report subsequently issued contains a detailed discussion of GWIV business operations, market dynamics, macroeconomic data and indicators, financial results, potential cash flows, and risks.
The Initiation Report in its entirety is available at: http://www.murphyanalytics.com/uploads/GWIV_Initiation.pdf
Analyst Patrick J. Murphy, CFA noted the following in the report: “With ECM and cloud solutions in service and in development for over 15 years, GWIV has developed a broad suite of products tailored to meet the wide range of needs of and applications for small and medium business (SMB) customers… Industry forecasts generally call for significant growth in the IT sector at large as well as for cloud computing and ECM, and undoubtedly, much of that growth will be driven by the needs of Tier 1 and Tier 2 type clients. However, it seems likely that there is significant room to penetrate the SMB market for products with the appropriate price, platform, and marketing strategy, and GWIV seems to be well positioned across the board.”
Murphy Analytics is an independent investment research firm providing coverage of microcap and smallcap stocks. Utilizing institutional caliber, fundamental, bottom-up analysis, Murphy Analytics helps investors make informed investment decisions about equities without extensive analyst coverage, with a focus on small-cap and micro-cap public stocks.
For additional information on GlobalWiseInvestments, visit the company’s website at www.GlobalWiseInvestments.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
The Initiation Report in its entirety is available at: http://www.murphyanalytics.com/uploads/GWIV_Initiation.pdf
Analyst Patrick J. Murphy, CFA noted the following in the report: “With ECM and cloud solutions in service and in development for over 15 years, GWIV has developed a broad suite of products tailored to meet the wide range of needs of and applications for small and medium business (SMB) customers… Industry forecasts generally call for significant growth in the IT sector at large as well as for cloud computing and ECM, and undoubtedly, much of that growth will be driven by the needs of Tier 1 and Tier 2 type clients. However, it seems likely that there is significant room to penetrate the SMB market for products with the appropriate price, platform, and marketing strategy, and GWIV seems to be well positioned across the board.”
Murphy Analytics is an independent investment research firm providing coverage of microcap and smallcap stocks. Utilizing institutional caliber, fundamental, bottom-up analysis, Murphy Analytics helps investors make informed investment decisions about equities without extensive analyst coverage, with a focus on small-cap and micro-cap public stocks.
For additional information on GlobalWiseInvestments, visit the company’s website at www.GlobalWiseInvestments.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
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InVivo Therapeutics Holdings Corp. (NVIV) CEO to Make Several TV Appearances
InVivo Therapeutics Holdings recently announced that the company’s CEO, Frank Reynolds, is scheduled to make appearances on two television news programs. The appearances will occur on Saturday, May 19, and Sunday, May 20, on the channels KXAN-TV and WXYZ-TV, respectively.
Founded in 2005, InVivo is a Cambridge, MA-based company focused on developing technology using polymers to assist patients who are paralyzed from spinal cord injury. InVivo was founded by Robert S. Langer, ScD. Professor at Massachusetts Institute of Technology, and Joseph P. Vacanti, M.D., who is affiliated with Massachusetts General Hospital. The company won the 2011 David F. Apple Award for its outstanding contribution to spinal cord injury medicine.
Reynolds will be discussing InVivo’s new polymer-based treatment that uses a scaffold to provide structural support to a damaged spinal cord, preventing the spinal cord from scarring. Reynolds will also discuss new products under development by InVivo, such as hydrogel technologies. Reynolds’ first TV appearance will be on Austin News Today Weekend, which airs on Saturday, May 19 at 7:20am CDT on KXAN-TV, the local NBC affiliate for the greater Austin, TX area. The second appearance will be on 7 Action News This Weekend, which airs Sunday, May 20 at 8:40am EDT on WXYZ-TV, the local ABC affiliate in Detroit, MI.
“Our technology is a true platform that can be leveraged to create many Neurotrauma products. InVivo is developing technologies to treat chronic injuries like Drew’s, as well as therapies for other nervous system conditions such as chronic pain due to nerve compression and other peripheral nerve injuries. We’re currently under review at FDA for our first SCI treatment, and we look forward to receiving approval to begin those human studies in 2012,” said Reynolds.
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Founded in 2005, InVivo is a Cambridge, MA-based company focused on developing technology using polymers to assist patients who are paralyzed from spinal cord injury. InVivo was founded by Robert S. Langer, ScD. Professor at Massachusetts Institute of Technology, and Joseph P. Vacanti, M.D., who is affiliated with Massachusetts General Hospital. The company won the 2011 David F. Apple Award for its outstanding contribution to spinal cord injury medicine.
Reynolds will be discussing InVivo’s new polymer-based treatment that uses a scaffold to provide structural support to a damaged spinal cord, preventing the spinal cord from scarring. Reynolds will also discuss new products under development by InVivo, such as hydrogel technologies. Reynolds’ first TV appearance will be on Austin News Today Weekend, which airs on Saturday, May 19 at 7:20am CDT on KXAN-TV, the local NBC affiliate for the greater Austin, TX area. The second appearance will be on 7 Action News This Weekend, which airs Sunday, May 20 at 8:40am EDT on WXYZ-TV, the local ABC affiliate in Detroit, MI.
“Our technology is a true platform that can be leveraged to create many Neurotrauma products. InVivo is developing technologies to treat chronic injuries like Drew’s, as well as therapies for other nervous system conditions such as chronic pain due to nerve compression and other peripheral nerve injuries. We’re currently under review at FDA for our first SCI treatment, and we look forward to receiving approval to begin those human studies in 2012,” said Reynolds.
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
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