Tuesday, July 31, 2012

Fuel Tech, Inc. (FTEK) Wins Air Pollution Control Orders Worth $4.5 Million

Fuel Tech is a world leader in advanced engineering solutions for combustion and emissions control systems for utility and industrial applications. The company’s state-of-the-art proprietary air pollution technologies include nitrogen oxide (NOx) reduction technologies such as low NO2 burners and oven-fire air systems in addition to post-combustion NOx control approaches like NOxOUT, HERT SCNR systems as well as systems that incorporate ASCR, ULTRA, NOxOUT-SCR, and NOxOUT CASCADE processes.

The company announced today receipt of multiple air pollution control orders totaling $4.5 million, most of which came from China. The first and largest order from China came from an existing customer and is an award of ULTRA systems for two large coal-fired units that are being retrofitted with nitrogen oxide reduction technology. The second order from China, from a new customer, is also an award of ULTRA systems for two large coal-fired units which are again being retrofitted with NOx control technology.

Fuel Tech’s ULTRA process provides for the safe and cost effective onsite conversion of urea to ammonia for use as a reagent in the selective catalytic reduction of NOx. This eliminates the hazards associated with the transport, storage, and handling of aqueous ammonia. Equipment deliveries for these projects are expected to be made in the third quarter of this year and the first quarter of 2013.

Two additional orders, placed by an existing customer in China, were received for Selective Non-Catalytic Reduction (SNCR) projects on two industrial units. Fuel Tech’s SNCR process is post-combustion NOx reduction method which reduces the gas through the controlled injection of a reagent into the post-combustion flue gas path. Equipment deliveries for these two projects are scheduled for the third quarter of 2012.

Additionally, an order was received for an SNCR project on an industrial unit in the southeastern United States. Delivery is expected in occur in the first quarter of next year. Finally, two domestic modeling orders for optimization of existing Selective Catalytic Reduction (SCR) systems were received.

For further information about Fuel Tech and its pollution-reducing technologies, please visit the company’s website at www.ftek.com


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Cardium Therapeutics, Inc. (CXM) CEO Comments on Landmark Gene Therapy Announcement in Europe

It wasn’t long ago that gene therapy, an idea that has been around since at least the early 1970s, was being derided as more hype than hope. Gene therapy basically involves identifying that part of a patient’s genetic makeup that is causing a certain problem, and then going in and replacing that part with something better. It’s a little like a factory that is found to be producing faulty products; find the machine that is the source of the problem and fix it. The hope is that gene therapy could someday represent a one-time treatment solution for many diseases, utilizing the body’s own ability to correct problems, versus a patient having to take drugs for the rest of their lives.

When talking about the complex world of human genes, of course, the process is not that simple, and, as with any new concept, the first steps in the application of gene therapy were unsteady, its potential risks and rewards not at all clear. Initial application experiments in the 1990s met with a mixture of success and failure, leaving a lot of questions unanswered. Then, in 1999, an attempted application of gene therapy resulted in the death of a patient in Pennsylvania due to an unexpectedly vigorous immune response following an injection with an adenoviral vector carrying a corrected gene. The FDA slammed on the brakes, suspending some clinical trials and reevaluating the entire notion of gene therapy.

Nevertheless, gene therapy researchers around the U.S. and the world continued to make progress into the new century, learning how to move genes across the blood-brain barrier, and gradually finding success treating a growing list of diseases, including some cancers. Today, gene therapy is once again seen as a rising prospect, with potential for treating a wide range of conditions. But it remains a new and complex science, involving an imposing array of variables. Various factors tend to make the benefits of gene therapy short-lived, requiring future treatments. And balancing the efficacy of introduced genes with the sometimes unpredictable nature of the human immune system is still a challenge.

But it’s the range of potential applications that make gene therapy compelling, from cancer and other high-profile diseases to the rarest of afflictions, applications being investigated by a range of public and private companies. Take for example the sampling below:

Cardium Therapeutics (NYSE MKT: CXM) (San Diego, CA) is a health sciences and regenerative medicine company. Cardium’s current medical opportunities portfolio includes the Tissue Repair Company, Cardium Biologics, and the company’s in-house MedPodium Health Sciences healthy lifestyle product platform. The company’s lead commercial product, Excellagen topical gel for wound care management, recently received FDA clearance for marketing and sale in the United States. Cardium is developing Generx, a gene therapy treatment to boost the growth of blood vessels in the hearts of patients suffering from coronary artery disease.

bluebird bio (Cambridge, MA) is a leader in the development of innovative gene therapies for severe genetic disorders. At the heart of bluebird bio’s product creation efforts is its broadly applicable gene therapy platform for the development of novel treatments for diseases with few or no clinical options. The company’s novel approach uses stem cells harvested from the patient’s bone marrow, into which a healthy version of the disease causing gene is inserted. After being grown in culture, the cells are given back to the patient. The company’s approach represents a shift in the treatment of severe genetic diseases by eliminating the potential complications associated with donor cell transplantation and potentially presenting a one-time transformative therapy.

Ceregene, Inc. (San Diego, CA) is a private biotechnology company focused on the treatment of major neurodegenerative disorders using the delivery of nervous system growth factors. Clinical programs include CERE-110, an AAV2 based vector expressing nerve growth factor, which is now in Phase 2 studies for the treatment of Alzheimer’s disease, and CERE-120, which completed a Phase 2 clinical trial in Parkinson’s disease and is currently being tested in a new Phase 1/2 study. CERE-135 and CERE-140 are in preclinical development for amyotrophic lateral sclerosis (ALS or Lou Gehrig’s disease) and ocular diseases, respectively.

Hearing the news from Europe, Christopher J. Reinhard, CEO of Cardium Therapeutics, stated: “Today’s news represents an important step forward for our field and the millions of patients who will benefit from new and innovative gene-based therapeutics. Gene therapy offers the opportunity to simplify treatment for serious medical problems for which there are no current medical treatments.”

Currently, in the U.S. and Europe, gene therapy remains largely locked inside research labs, with governments exceptionally guarded in their willingness to release the developing science to the greater public. China, on the other hand, has been much more willing to sanction the use of gene therapy. There’s good reason for this. Much of China’s massive population has very limited access to regularly administered advanced technology options more common in already industrialized societies such as the U.S. and Europe. In China, the costs and logistics involved in giving cancer patients, for example, long stretches of weekly or daily chemo or radiation treatments makes the one-time nature of gene therapy more appealing, although additional treatments may be needed in the future. Moreover, the Chinese have enough people to easily populate clinical trials, offering up statistically significant results more quickly.

That’s why the recent announcement that Europe has just taken a major step toward approving, for the first time, a specific gene therapy medicine, Glybera, is landmark news. The European Medicines Agency has recommended the therapy for a genetic disease which leaves people unable to properly digest fats. Although the disease addressed, lipoprotein lipase deficiency, is a rare one, the decision in Europe represents the opening of a potentially huge door. It’s the first time a gene therapy medicine has been recommended for authorization in the European Union. The recommendation will now be sent to the European Commission for the adoption of a marketing authorization. It’s the European Commission that will be responsible for making the final decision on Glybera.

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Limelight Networks, Inc. (LLNW) Dion Messer Receives “George Hutchinson Award” from the Federal Circuit Bar Association for Outstanding Leadership

Limelight Networks, a prominent player in Digital Presence Management, announced yesterday that its Senior Intellectual Property Corporate Counsel, Dion Messer, has received the “George Hutchinson Award” from the Federal Circuit Bar Association (FCBA). FCBA’s most prestigious award recognizes Messer and Lawrence Kass, her co-chair of the FCBA’s Veterans Appeals Committee, a partner in the New York office of Milbank, Tweed, Hadley & McCloy, for their impressive leadership and notable achievements over the years.

The Veterans Appeals Committee established and manages the FCBA’s Veterans Pro Bono Program. The program centers around identifying and screening appeals filed pro se with the US Court of Appeals for the Federal Circuit (COAFC), then, after selecting the appropriate appeals, securing pro bono counsel from FCBA interested attorneys. The committee also creates and fosters relationships with other Veterans Law Committees from other bar associations. Furthermore, it monitors ongoing developments and offers educational programs regarding veteran’s law with the judiciary and legislature.

Messer and Lawrence worked as committee chairs over the last two years, and in the two years before that they served as vice-chairs of the committee. Throughout their tenure, pro bono attorneys secured by the FCBA’s Program have successfully argued cases before the COAFC to recoup benefits previously denied to veterans and their families by the Veterans Administration. In addition, the Court’s opinion in many of those cases set precedents that will help untold numbers of veterans newly applying for benefits to the Veterans Administration. Messer herself successfully represented Vietnam War veteran Leroy Comer in his more than 30 year battle with the VA to get disability benefits for his Post Traumatic Stress Disorder disability. Messer argued on Mr. Comer’s behalf, and the Court agreed, that veterans who are not represented by an attorney do not need to make explicit formalist arguments for certain benefits when their informal arguments raise the question. In her role at Limelight Networks, Messer manages patent litigation and prosecution as well as all other intellectual property matters.

For further information, please visit www.limelight.com


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Monday, July 30, 2012

Facts and Advantages Behind Duma Energy Corp. (DUMA)

Duma Energy is a growing energy company, based in Houston, Texas, with oil and gas interests in Texas, Louisiana, and Illinois. The story of the company’s past and future growth potential is perhaps best seen in the numbers and strategic advantages the company possesses.

The company produced 38,000 barrels of oil equivalent (boe) in fiscal 2011, and has already produced over 45,000 boe in the first half of fiscal 2012.

Duma lists $77 million in proven resources (with less than $12 million as booked reserves).

Most recent year-over-year revenue growth exceeds 500%.

75% of the invested capital comes directly from the CEO and insiders. Of the 10.7 million shares outstanding, 5.9 million are held by the CEO and insiders.

Duma’s strategy focuses on ROI, not just barrels of oil.

The company is set up so as not to be limited by any geographical location or operational strategy.

Duma’s highly experienced team targets only industry standard and time-tested technologies, preferring to learn from the mistakes of others. They avoid unproven resource plays that depend upon high commodity prices, thereby minimizing investor risk.

The company’s current interests are in Galveston Bay and Trinity Bay, Texas, as well as Duval, Victoria, and Karnes County, Texas, with additional interests in Jefferson County, Illinois, and Franklin Parish, Louisiana. The company is also pursuing acquisition of a private company with significant interests in an African concession totaling approximately 6 million acres.

The company’s growth plan involves continued acquisitions, including possible international opportunities with high return potential, with the goal of leveraging growing revenue, cash flow, and reserves to fund ongoing expansion.

Careful and experience-based management has allowed Duma to reduce debt to zero, continually grow revenue and assets, and establish a positive operational cash flow. All major metrics show positive improvement and momentum.

Operating margins, now near 50%, are improving as new wells and production increase efficiencies.

Numbers anticipated for the end of calendar 2012 include production of 1,000 boe per day gross, positive cash flow and earnings, and approval for listing on a major exchange. By the end of 2013, production is planned to be 2,500 boe per day.

For additional information, visit the company’s website at www.DUMA.com

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SEFE, Inc. (SEFE) Video Chart for Monday, June 30, 2012

SEFE is particularly interesting as it currently is in a “double bottom” pattern. The last time the stock price hit 22 cents, a bounce to 45 cents followed. Again, the stock price is at the bottom support of 22 cents which will have technical traders looking for hints of upward pressure to possibly repeat the first move.

To view the video chart, visit the following link: http://www.missionir.com/videos.html


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Aurizon Mines Ltd. (ARZ.TO) Validates Mineralization Profile at their Casa Berardi Gold Mine in Quebec via Solid Returns on New Drilling

Aurizon Mines, the production-focused gold mining company which has assembled a portfolio of ten very nice properties in Quebec, as a part of a larger regional strategy for the prolific and very mining friendly north-western Abitibi region, reported some choice additional results today from this year’s drilling program at the company’s flagship production site, the Casa Berardi Mine.

Out of 24 new holes we have some excellent intervals, including 10.1 g/t Au over 45.6 feet and 31 g/t Au over 8.2 feet (true widths). The overarching goal of the 2012 drilling program for Casa Berardi has been to refine the resource model for the known Zone 123 and happily, fourteen of the holes intercepted a total of eighteen mineralized intervals with a metal factor of 10 or greater (true width in meters multiplied by grade in g/t).

Needless to say, the quartz veins, cherty units, and large sulphides nestled in a volcanic sedimentary bed between the east and west breaks known as the Zone 123, have shown some impressive results lately and investors are now looking at this agile little gold producer with increased interest. With additional intervals outside the known resource block in the neighborhood of 16.1 g/t over 21 feet, Aurizon’s results thus far in the 2012 drilling program largely validate the previously quantified mineralized lenses, as well as indicating yet more mineralized structures outside the main block.

The newest drilling largely focused on the area 984 feet below and 328 feet above the 2657 foot level, out over a 1312 foot wide stretch that is some 984 feet along strike (roughly 0.62 miles from the West Mine shaft). This work on Zone 123 has improved overall knowledge of the mineralization styles present at Casa Berardi, bolstering confidence as Aurizon looks ahead in 2012, with in-fill drilling slated to be continuous via one to two rigs throughout.

Gilles Carrier, Principal Exploration Geologist for Aurizon, noted how these new results accentuated prior analysis, with the mineralized lenses in the bite of folds all along the sides of a major stratigraphic horizon now established and this model easily extrapolated against raw data from returns outside the primary area. The additional finds outside the main block confirm Aurizon’s interpretation of the mechanism of ore deposition and this will allow the company to forecast where additional clusters may be with considerable accuracy.

Mineral reserves for Casa Berardi (as of Dec 31, 2011) stand at 1.088M tonnes grading 6.5 g/t Au (225.7k ounces), with indicated mineral resources of 279k tonnes at 6.3 g/t Au (or 56.9k oz Au), or inferred resources of some 447k tonnes at 6.8 g/t Au (104.1k oz Au). Forward momentum on the in-fill drilling will seek to delineate the down-dip and up-dip lens extensions, as well as adding to the baseline resource values for Casa Berardi, with Aurizon targeting year-end (Dec 31, 2012) for an updated mineral resource estimate.

Gilles Carrier acted as the NI 43-101 Qualified Person for today’s report and core sample fire assay (as well as atomic absorption finition) with full quality assurance/quality control (via ALS Chemex lab in Val d’Or), including insertion of duplicates and blanks has been performed (more details in March 2011 Technical Report on the Casa Berardi Mine), with primary exploration assay being handled on site as well as at the Swastica lab in Ontario.

For more information on Aurizon Mines Ltd., please visit the company’s website at: www.Aurizon.com

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Friday, July 27, 2012

Santa Fe Petroleum, Inc. (SFPI) Puts Long Time Company Visionary Tom Griffin in President, Chairman of the Board Slot

Santa Fe Petroleum, the full-spectrum oil and gas well developer which has established a successful track record and is currently focused on their main sites, the Huxley (Shelby County) and Santa Fe Spindletop (Hopkins County) fields in Texas, was happy to report today that the company appointed 16-year industry veteran, CEO of Santa Fe Petroleum, LLC, and long time company visionary, Tom Griffin, to the position of President and Chairman of the Board.

Santa Fe Petroleum is an affiliate of SFPI and Griffin’s original E&P firm. Boasting returns on investment of as much as 3:1 for some of the highly successful oil and gas projects he held over watch on, Tom’s management capabilities for overall drilling/production design are self-evident.

In many ways this has been a long time coming for Tom, as he has been instrumental in the company’s success thus far, applying his nearly four decades of firsthand experience developing diversified ventures, including several key JV’s, again and again demonstrating at each step that his personal dedication to detail, communication, and productivity policy refinement were fundamental to success.

CEO and CFO of SFPI, Bruce Hall, boldly pointed to the masterful business plan devised by Griffin as chief among reasons for the appointment, a plan encompassing growth of the mineral interest acreage leasing footprint, the company’s portfolio of horizontal/vertical oil and gas drilling/production assets, and even the long-term evolutionary targets. Hall noted that the significant track record Tom has created for competently building up and increasing the punching strength of oil and gas E&P’s would be a driving force behind increased capitalization in the company’s current market focus, with numerous opportunities being made accessible thereby.

Tom is the kind of guy who will prove indispensible as SFPI aggresses the larger domestic shale environment. Santa Fe is looking to strike hard and fast in pursuit of a diverse footprint of high-value resources in the many emerging U.S. shale plays, confident that the company possesses the kind of operational strength required to identify targets and execute towards production goals.

The evolution of Santa Fe Petroleum included establishing several support companies, like the land management segment tasked with overseeing acreage leasing concerns, a pipeline unit dedicated to figuring out all gas well logistics (including cross-county transmission lines for intrastate sale), and even an online oil and gas sales division. This modular approach to developing the support apparatus needed for Santa Fe Petroleum, along with the clear success record Griffin has established elsewhere, are brilliant hallmarks of the kind of forward momentum he will bring to the Presidency of SFPI. Griffin’s obvious managerial skills are precisely what the company needs in a Board Chairman as well, and shareholders will be looking to reap the rich rewards his leadership is expected to foster.

The domestic oil and gas sector is really heating up in recent years, with more discoveries and activity then you can shake a stick at. North America is experiencing a massive spike in E&P activity, something for which SFPI has positioned itself quite nicely. With the company’s James Lime-targeting (chalky limestone sandwiched between the Bexar and Pine Island shale) Huxley field bearing significant, clean, high-value gas at relatively shallow depths of only 6,100 feet, and the Santa Fe Spindletop field seated right between two fields that have produced considerable output from the Smackover Formation (20.5M bbls oil and 48.4B cubic feet of natural gas), SFPI is already primed for big profits, even before considering acquisitive vectors.

To learn more about today’s appointment, or to read up on Santa Fe Petroleum, Inc., please head on over to the company’s website at: www.SantaFePetroleum.com

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Apple, Inc. (AAPL) Purchases AuthenTec, Inc. (AUTH) in $356 Million Deal

Today, Apple announced that they have agreed to buy AuthenTec, which makes security software and chips for mobile phones and fingerprint sensor chips for personal computers. In its entirety, the deal is valued at $356 million.

Based on Thursday’s closing price of $5.07, the offer represents a premium of 58% for AuthenTec’s shares. The company has an annual revenue of about $70 million.

AuthenTec’s products are widely used in the electronics industry. The company counts Samsung Electronics, Lenovo Group Ltd., Fujitsu Ltd., and Dell as its customers. For more information on the company, visit www.AuthenTec.com.

The company disclosed the deal in a filing with the Securities and Exchange commission.


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ATA, Inc. (ATAI) Brought on as Service Provider of National Unified Certified Public Accountants Exam in China

ATA, a prominent supplier of computer-based testing and testing-related services in China, announced yesterday that in 2012 it will be the service provider of the National Unified Certified Public Accountants (CPA) Exam for the Chinese Institute of Certified Public Accountants (CICPA).

For over 20 years the CPA exam has been administered in China, and as a result of its impressive credibility and high standard, it is one of the most highly regarded national exams in all of China. Last year, over 1.3 million CPA exams were given in China, with more than 550,000 test takers signing up for the professional session and about 7,000 registering for the comprehensive session. Administered in more than 10,000 test centers in China, about 400,000 tests were given in the single largest CPA exam subject. Due to the expanding impact of the CPA exam, the CICPA is making every possible effort to guarantee that the exam is administered fairly and securely.

The national unified CPA exam is a method of CPA selection found only in China. The CPA Examination Committee, overseen by the Ministry of Finance of the People’s Republic of China, is solely responsible for the organization of the testing process, while the testing office of the CICPA is responsible for the execution of the CPA exam.

The CICPA believes administering the national unified CPA exam using a computer-based platform is a significant step forward for the “CPA Examination Policy Reform Program,” which aims to enhance examination quality and organization.

Mr. Kevin Ma, ATA’s Chairman and Chief Executive Officer, stated, “ATA’s proprietary, scalable test delivery technologies provide our clients with large-scale testing capabilities that are stable, secure and efficient. We are extremely pleased to be embarking on this relationship with the highly regarded Chinese Institute of Certified Public Accountants. We believe that the body’s engagement with ATA further validates our position as the leader in computer-based testing services in China. With our core competencies in technology, operations, security, and quality service, we look forward to begin administering the ’2012 National Unified Computer-Based CPA Exam,’ which will be the first computer-based CPA exam and a significant milestone for China’s computer-based testing service industry.”

For further information, please visit www.ata.net.cn

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ShoreTel, Inc. (SHOR) Receives INTERNET TELEPHONY’s 2012 TMC Labs Innovation Award

ShoreTel has announced that global integrated media company TMC has honored its M5 Intelligence with the 2012 TMC Labs Innovation Award, presented by the TMC publication INTERNET TELEPHONY.

M5 Intelligence is designed to unlock powerful real-time information to help ShoreTel’s clients sell more, provide better service, and manage staffing costs effectively. The type of metrics provided by M5 Intelligence were previously only available in the contact center for the entire organization, which reinforces the company’s belief that customer service isn’t a department but everyone’s job.

The TMC Labs Innovation Award recognizes products displaying innovation, unique features, and substantial contributions toward improving communications technology. The awards are given to those companies that demonstrate pioneering contributions to the industry and represent the best and most unique products and services the industry has to offer. Through its M5 Intelligence Solution, ShoreTel has proven its commitment to quality and the further development of the IP communications industry, according to information from TMC Labs, and the company has been recognized for outstanding work in advancing IP communications. M5 Intelligence – the innovation of which has contributed to the advancement of the industry – has proven itself exceptional.

Highlights of the 2012 TMC Labs Innovation Award will be published in the July/August 2012 issue of INTERNET TELEPHONY magazine.

ShoreTel is a leading provider of premise and cloud-based business phone system and communication solutions that are amazingly simple and complete with fully integrated unified communications (UC). Organizations of all sizes can choose the best option for their individual needs by utilizing the company’s award-winning premise-based IP phone system with integrated unified communications, contact center capabilities, and proven hosted VoIP services. ShoreTel’s overarching focus is eliminating expensive complexity and providing customers with the 24/7 freedom to leverage the rich voice, video, data, and mobile unified communications capabilities they need. Based in Sunnyvale, Calif., the company has regional offices in Austin, Texas; Rochester and New York, N.Y.; Chicago, Ill.; Maidenhead, U.K.; Sydney, Australia; and Singapore.

For more information, visit the company’s Web site at www.shoretel.com

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Blue Earth, Inc. (BBLU) Team Successful with Aggressive Mergers and Acquisition Strategy

Blue Earth specializes in providing clean energy efficiency solutions to a wide range of businesses, using an aggressive and successful mergers and acquisition strategy in the clean-tech industry. Supporting this is a team of technology and industry experts that have guided the company through important agreements that have significantly expanded Blue Earth’s market reach and potential.

Johnny Thomas, Ph.D. (CEO & President) has helped grow the company from $29,000 in revenues to more than $350 million by acquiring 34 companies in approximately four years, increasing the market valuation of the company to $1.2 billion. He has received the “Entrepreneur of the Year” award from Ernst & Young.

John Francis (VP Corporate Development & IR) has founded and served as an executive in several public companies, and also played a key role in building the company to its current level by spearheading the successful mergers and acquisition program.

Laird Cagan (Chairman of the Board) is a key investor in the company, and has served as a director and officer of several publicly traded companies. He has over 20 years of experience investing in and building high growth technology companies, as well as five years in the investment banking industry.

Dale Gustavson (Blue Earth Energy Efficiency Advisory Board) is a published author and speaker in the energy management industry, having sold hundreds of turnkey energy management projects, and having worked as a policy consultant to numerous industry contractors, manufacturers, utilities, and government agencies.

Robert Leebern, Jr. (Blue Earth Energy Efficiency Advisory Board) has more than a decade of public policymaking and political experience, as well as federal legislative and regulatory knowledge and expertise. He serves with Troutman Sanders Strategies as Washington representative to Fortune 500 companies, municipal and county governments, universities, and a number of other business interests.

For additional information, visit the company’s website at www.BlueEarthInc.com


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SEFE, Inc. (SEFE) Solves Major Problems of Renewable Energy

Even now, with governments all over the world pouring millions of dollars into renewable energy, through tax incentives, support programs, and research grants, the industry continues to play a relatively minor role in the overall energy picture. The biggest contributing factors to the situation are the basic inefficiencies and limitations inherent in almost every possible solution.

Active solar power, in spite of decades of research and engineering, remains unacceptably expensive for most applications. Although new technologies and materials have significantly increased the efficiency of generation, solar power is still held back by a major limitation, the sun only shines during the day. During times of excess production, energy must be stored, involving loss. When production stops during the night, all that expensive equipment sits idle.

Bioenergy, energy produced from renewable bio resources, has a number of issues. If the biofuel source is based on waste material, it may be seasonal or face cost variations that make it difficult to forecast costs of operation. Attempts have been made to establish dedicated and manageable biofuel sources, but agricultural impacts and other challenges have kept things to a small scale. And, of course, there are also pollution issues involved in burning.

Hydropower, the grandfather of renewable energy, has essentially run its course. In the U.S., the massive hydroelectric projects of the past have already taken advantage of key locations, although there is still potential in developing countries, and the controversy surrounding the effect of dams on the world’s rivers has led to more calls for dam removal than construction.

Even wind power, one of the industry leaders, involves converting mechanical energy into electricity, with an inevitable loss in between. In addition, production is variable, dependent upon the wind, which blows independent of user energy needs. And then there is the ongoing issue of footprint, with large scale wind farms requiring massive acreage, including air space.

SEFE offers a totally different solution to the problem of renewable energy. The Colorado company has developed and tested a revolutionary way of drawing electricity directly from the air. Using one or more airborne carriers, such as a high-altitude weather balloon or blimp, the SEFE system is able to capture static electricity that is continually being formed in the earth’s atmosphere in all kinds of weather. The resulting direct current is transformed into usable alternating current, enough to power entire residential neighborhoods. The footprint is small, it works anywhere in the world, at any time of the day or night, is highly efficient since there is no significant conversion required, and it is scalable as needed. And, of course, it is entirely clean renewable energy.

For additional information, visit the company’s websites at www.SEFElectric.com


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Thursday, July 26, 2012

Nova Mining Corp. (NVMN) Secures Three Major Lithium Supply Deals to Top Chinese Li-ion Battery Manufacturers within a Week

Nova Mining has worked extremely hard to secure a lithium production footprint, with three fields in Mongolia and additional interests on projects in both Canada and Africa (Guyana), in order to fulfill precisely the kind of deals like the one announced today, the third in a series of major lithium supply contracts for the company.

President of NVMN, James Dilger, flew to China to personally negotiate with lithium-ion battery manufacturers and the campaign has been a rousing success, capped off by today’s report about the execution of yet another letter of intent to supply lithium, this time with big international Li-ion battery manufacturer Qiangqiang Battery Company.

Nova is an exceptionally well-positioned lithium developer which is shrewdly getting out ahead of the major shift to Li-ion, long life batteries, which are in everything from smartphones, tablets, and laptops to the next gen hybrid and electric vehicles. We are looking at an unprecedented rise over the next decade in demand for the powerful substance that makes it all possible, lithium, and NVMN is laser-focused on growing the company’s international portfolio of such high-demand mineral assets.

So, within the space of a week, this aggressive lithium developer has secured three major supply deals in China with three major Li-ion manufacturers. The Shirui Battery Company deal went down last week, along with the Asia Power International supply arrangement, and with the third major deal now tucked away under the company’s belt, NVMN is looking really solid in China, one of the planet’s top Li-ion battery sources. Mind you, batteries like these end up in products like Apple’s iPhone/iPad, Google’s new Nexus 7 tablet, and Tesla Motor’s new powerful EV’s. Given such a high margin end market, one that is growing steadily with each passing day, it’s not hard to read the inside baseball for Nova Mining; they want to be a top lithium supplier before things get really crazy in the Li-ion space.

Dilger has done an excellent job honing in on shareholder growth vectors and has determined that a multiple target approach to securing supply deals is appropriate to the broad sellers market that exists in China for lithium. In fact, Chinese Li-ion manufacturers were characterized by Dilger as being “very aggressive.” No surprise there really as China has passed some sweeping legislation in recent years mandating renewable energy technologies; this, along with the obvious, sustained surge in mobile intelligent device adoption by consumers around the world, has created a lithium vacuum, and if you listen closely in Beijing you can hear the massive sucking sound.

All across China and around the globe, manufacturers are looking towards Li-ion as the prime choice for long-life rechargeable batteries, only the supply and supply chain logistics for lithium are another matter entirely. There is a real scramble right now to secure global strategic supplies of lithium and other important minerals. NVMN is out of the gate and bolting for the finish line with an aggressive international campaign designed to facilitate the projected market demand curves.

Dilger has used this stored up demand energy like a springboard for the company, securing several key deals (currently working on more), and he looks to capitalize mightily on the lithium crunch in general as more and more consumers enter the mobile age. The need for Li-ion on a large scale as a transitional technology to fuel cells or more advanced power sources for electric vehicles cannot be underestimated. NVMN certainly isn’t failing to quantify the tremendous growth potential a good lithium supply chain will yield and interested investors can get a closer look at the company by going to the Nova Mining Corp. website located at: www.Nova-Mining.com

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Blue Earth, Inc. (BBLU) Set to Save 7-Eleven Stores Millions

Blue Earth is all about energy efficiency. The Nevada company’s wholly owned subsidiary, Castrovilla, Inc., recently underlined this fact when it announced that it had completed installation of an extensive set of energy saving components at 621 7-Eleven stores located in California, Washington, and Oregon.

Components included electronically commutated motors, anti-sweat heater controls, evaporator fan controls, gaskets, door closers, and strip curtains. On 7-Eleven’s behalf, the company also secured approximately $1.3 million in rebates from numerous West Coast utilities. These incentives effectively offset 100% of both material and installation costs. As a result, 7-Eleven experienced no out-of-pocket costs, and will receive energy benefits of approximately $1.2 million annually. Energy savings over the effective useful life of the installed equipment is expected to be approximately $9.5 million.

Blue Earth Energy President, John Pink, said of the project: “While this project has produced the results as anticipated by the utility incentive rebate programs, there are far more potential cost savings in 7-Eleven stores. We are proud of the work accomplished with 7-Eleven and applaud their commitment to reducing energy consumption and their carbon footprint.”

7-Eleven is the largest chain in the convenience retailing industry, operating, franchising, or licensing over 9,200 stores in North America. There are over 46,000 7-Eleven stores worldwide, covering 16 countries, generating over $76 billion in sales. It’s #2 on Forbes magazine’s list of Top Franchises for the Money.

Blue Earth Energy is engaged in the clean technology industry with a primary focus on the energy efficiency and renewable energy sectors. The company strives to participate in the global movement for a sustainable planet by offering products and services that will optimize energy use, reduce harmful environmental emissions, and substantially reduce energy costs to their customers.

For additional information, visit the company’s website at www.BlueEarthInc.com

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Morgans Hotel Group Co. (MHGC) Announces Location of Hudson London Property

Morgans Hotel Group confirmed rumors that its Hudson property will be located on Great Scotland Yard in St. James’s, London. The company officially announced the Hudson London deal in June but finally revealed the project’s location today. Hudson London at Great Scotland Yard marks the beginning of Morgans Hotel Group’s plan to introduce the brand into gateway markets around the globe. The company’s flagship location is in NYC.

Slated to open in early 2015, Hudson London is in the heart of Westminster. Visitors will be steps away from some of the world’s most iconic landmarks, including Westminster Abbey, Buckingham Palace, Trafalgar Square, and Big Ben. The boutique property is located in a 234-room Edwardian building that is 102 years old.

The Ministry of Defense used to occupy the building, where it was used for recruitment of the British armed forces. The space was then converted into a public records library in the 1980′s. The elegant, historic building serves as an exciting and unexpected backdrop for the newest Hudson property, which will emphasize public spaces as a forum for social exchange.

Hudson will bring a distinctive new offering to London, fusing a unique playfulness with cutting-edge style and impeccable service. The property will feature a brand new restaurant on the ground floor, a 40-seat library lounge, and flexible boardroom space that can be used for business meetings as well as private events.

Hudson London commences a partnership between Morgans Hotel Group and hotel owners Sansar Investments Ltd. Raman Thukral, Director of Sansar Investments, remarked, “We are excited to work with Morgans Hotel Group and their team to bring the second Hudson to the London market. We could not envision a better partner to collaborate with, and are already exploring future opportunities with Morgans Hotel Group’s development team.”

Hudson London at Great Scotland Yard is Morgans Hotel Group’s fourth property in London, joining renowned Sanderson and St Martins Lane properties, and Mondrian London at Sea Containers House, set to open its doors early 2014.

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GlobalWise Investments, Inc. (GWIV) Selected for Membership in Esteemed Office Technology Organization

GlobalWise Investments, an industry-leading developer of cloud-based ECM (Enterprise Content Management) solutions via its wholly owned subsidiary Intellinetics, announced today that it has been accepted as a member of Technology United, a highly esteemed office technology organization. Technology United was formed as a strategic hub alliance intended to provide the best-in-class and most aggressive solutions covering the technology needs within the office space, including IT automation, security, and document management services such as those provided by GlobalWise. Technology United members include Intel, Green Hills Software, Newfield IT, and RIM, in addition to MWAi.

Technology United founder, Mike Stramaglio, is CEO of MWAi, which GlobalWise is familiar with as a Channel Partner. Commenting on Technology United, he said: “Technology United’s mission is to pull the best partners together with the best technology to deliver a superior user experience. The solutions created will allow businesses to enjoy efficiencies and cost savings that can significantly impact their bottom line.”

GlobalWise makes extensive use of channel partners for lead generation and partnering for the solution of complex office technology issues. GlobalWise CEO William J. Santiago, said: “I am excited our company has been accepted into this prestigious, members-only organization. Mike has done a fantastic job putting together the best of the best in the office technology space. Each member represents a specific niche within this space, such as copier hardware, security, embedded technologies, tracking, and for our company, the most cost effective cloud-based ECM solution for the SMB market. I see this membership as a great validator of our 18-year history as a software company providing the most robust ECM solutions in the industry.”

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

For additional information on GlobalWise Investments, visit the company’s website at www.GlobalWiseInvestments.com

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Iteris, Inc. (ITI) Obtains $900,000 CA Contract

Iteris announced recently that it had been awarded a contract from the city of Anaheim, CA. The initially approved contract is worth $928,000 for traffic signal synchronization services, and has a ceiling value of $974,000. The project will see the deployment of Intelligent Transportation System (ITS) upgrades, as well as optimized traffic signal timing.

Santa Ana, CA-based Iteris is focused on the developing and deploying of systems that reduce traffic congestion, improve the safety of surface transportation systems, and provide measurement, management, and predictive traffic analytics. Iteris has offices nationwide and in the Middle East.

During the past five years, Iteris has had multiple dealings with the city of Anaheim, providing ITS systems and traffic signal synchronization services in addition to designing and deploying a traffic control system for the Anaheim Disney resort areas. Iteris has also delivered on similar projects in adjacent cities, as part of a countywide signal timing coordination project.

Anaheim mayor Tom Tait said, “As Mayor of the City of Anaheim, my goals are to keep the City strong, healthy, and happening. All of this starts with delivering reliable travel times to connect people to the community. Anaheim is very pleased to work with the City of Orange, Caltrans, and OCTA to improve the flow of both vehicle and bus traffic along Lincoln Avenue with traffic signal coordination through Anaheim and to our neighbors in the adjacent cities.”

Abbas Mohaddes, president and CEO of Iteris, added: “This signal coordination project is intended to improve the safety of these intersections, while providing a better travel experience through reduced travel times, stops, and delays. These are three key elements in effective traffic management, and represent the value proposition we provide our partners like the City of Anaheim.”

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Cardium Therapeutics, Inc. (CXM) New Catheter-Based Method Demonstrated to Significantly Boosts Gene Delivery to the Heart

Today before the opening bell, Cardium Therapeutics announced the publication of preclinical findings demonstrating that cardiac ischemia is an important part of adenovector gene delivery (transfection) in mammalian hearts. The new findings were published in the peer-reviewed journal Human Gene Therapy Methods in an article titled “Ischemia-Reperfusion Increases Transfection Efficiency of Intracoronary Adenovirus type 5 in Pig Heart in Situ,” which is available online at http://online.liebertpub.com/doi/full/10.1089/hgtb.2012.048.

The published findings demonstrate Cardium’s innovative technique to employ transient cardiac ischemia to dramatically enhance gene delivery and transfection efficiency after one-time intracoronary administration of adenovector in mammalian hearts. Two consecutive but brief periods of coronary artery occlusion combined with co-administration of nitroglycerin increased both adenovector presence (measured by PCR) and transgene expression (assessed by luciferase activity) by over two orders of magnitude (>100 fold) in the heart, as compared to prior intracoronary artery delivery methods.

“The clinical success of DNA-based therapies can be enhanced by employing optimized gene delivery methods,” stated Dr. Gabor M. Rubanyi, Cardium’s Chief Scientific Officer and co-author of the published paper. “In addition, data analysis from the AGENT 1 through 4 clinical studies, involving more than 650 patients in Phase 1/2 through Phase 2/3, showed that patients with more severe forms of coronary artery disease – which is associated with increased ischemia – tended to be more responsive to the one-time administration of Generx than patients with less severe disease. The research results published in Human Gene Therapy Methods extend those findings and demonstrate that Cardium’s new technique for adenovector gene delivery in the heart can be used to dramatically boost adenovector delivery. By enhancing uptake even in patients with less severe forms of disease and ischemia, it would be expected to reduce response variability and allow for the potential treatment of patients with a broader range of associated coronary artery disease. The new treatment protocols for Cardium’s recently-initiated ASPIRE clinical study have been developed to use our knowledge about induced transient ischemia techniques to leverage these research findings and enhance the non-surgical, catheter-based delivery of Generx to the heart.”

The company’s new technique of adenovector delivery to the heart benefits from the fact that transient ischemia may reduce the permeability barrier of the vascular endothelium and may increase the number of available coxsackie-adenovirus receptors mediating adenovector uptake. Balloon angioplasty catheters have been used for many years to expand blocked coronary arteries, sometimes with use of a stent, and these catheters have also been used safely by cardiologists in patients with coronary artery disease to study the effects of brief ischemia. Cardium’s new method inflates the balloon in non-narrowed coronary artery areas to only briefly interrupt flow using inflation pressure that is significantly less than that used for performing routine angioplasty procedures.

Cardium’s recently initiated Russian-based ASPIRE Phase 3 registration study of patients with chronic myocardial ischemia and advanced angina pectoris uses transient ischemia techniques during non-surgical percutaneous catheterization with a standard angioplasty catheter and the intracoronary infusion of nitroglycerin with the Generx® [Ad5FGF-4] product candidate. The company’s Generx product candidate is intended to stimulate the growth of collateral blood vessels to effectively bypass coronary artery atherosclerotic blockages without surgical procedures or angioplasty and stents.

As confirmed by today’s release, the studies published in Human Gene Therapy Methods were conducted at Emory University School of Medicine by Jakob Vinten-Johansen, Ph.D. and colleagues, and were co-sponsored by a Small Business Innovation Research grant from the National Institutes of Health (Cardium Therapeutics) and the Carlyle Fraser Heart Center (Emory). A presentation titled: “New Perspectives for Angiogenic Gene Therapy to Treat Myocardial Ischemia in Patients with Coronary Disease” was presented at the 2012 American Society of Gene & Cell Therapy Meeting in May 2012 and is available for viewing at http://www.cardiumthx.com/pdf/Generx-ASGCT-May-2012-Rubanyi.pdf. At the conference, Cardium also presented a late-breaking poster titled “Transient Ischemia is Necessary for Efficient Adenovector Gene Transfer in the Heart”. The poster presentation can be viewed at http://www.cardiumthx.com/pdf/Generx-ASGCT-Poster-Presentation-May-2012.pdf.

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FuelCell Energy, Inc. (FCEL) Wins $3.8 Million Power System Contract from US Navy

FuelCell Energy is a global leader in providing ultra-clean baseload distributed generation to utilities, industrial operations, schools, municipal water treatment facilities, government installation, and other customers around the world. The company’s power plants have now generated more than one billion kilowatt hours of power.

The company announced today a $3.8 million contract award from the U.S. Navy to develop and test a Hybrid Solid Oxide Fuel Cell (SOFC)-Battery power system for large displacement undersea vehicle propulsion. The goal of the project is to develop a refuelable power system, with high energy density, that is suitable for undertaking long duration underwater missions of unmanned submersibles. The battery system will be capable of generating 1,800 kilowatt hours of electricity during a 70-day mission with no exhaust discharge. The battery will use liquid fuel and not be reliant on external air.

The company’s Hybrid SOFC-Battery power system is perfect for underwater vehicle applications. That is because its high efficiency minimizes usage of both stored fuel and oxygen in the confined space available in such vehicles. FuelCell Energy’s system achieves air independence by utilizing a unique oxygen storage technology while maintaining neutral buoyancy with no discharge of system products. It also is capable of responding to the peak power demands of a typical Large Displacement Unmanned Underwater Vehicle (LDUUV) as defined by the U.S. Navy.

This award from the U.S. Navy, an 18-month phase I award, will fund development and laboratory testing of the SOFC propulsion system. If the test results are successful, it may lead to a phase II award that would involve the delivery of full scale system for testing in an unmanned undersea vehicle.

For additional information about FuelCell Energy and its entire fuel cell product line, please visit the company’s website at www.fuelcellenergy.com


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Wednesday, July 25, 2012

Aeterna Zentaris, Inc. (AEZS) Requests FDA Fast Track Designation for AEZS-130 as an AGHD Diagnostic Test

Oncology and endocrinology drug development company Aeterna Zentaris announced it has filed a request with the United States Food and Drug Administration for Fast Track designation for AEZS-130, the company’s oral ghrelin agonist, as a diagnostic test for adult growth hormone deficiency (AGHD). This request is part of Aeterna Zentaris’ New Drug Application (NDA) strategy for AEZS-130, to advance the product toward regulatory approval in the most efficient way possible.

According to the FDA’s guidance for Fast Track applications, the FDA responds to such requests within 60 days of receipt. The Fast Track program facilitates the development and expedites the review of new drugs that are intended for treating serious or life-threatening conditions and also demonstrate the potential to address unmet medical needs. Ordinarily, Fast Track designated drugs qualify for priority review, which expedites the FDA review process.

Aeterna Zentaris has been involved in a lengthy series of informative discussions with the FDA and now has the guidance needed to move ahead as speedily as possible with its NDA filing plans. Obtaining Fast Track designation would allow the company to submit its NDA on a rolling basis, which means Aeterna Zentaris could submit certain modules of its NDA progressively, with the expectation that the review of those portions would be completed or well underway before the NDA submission is complete. If the company obtains agreement on its Fast Track designation and rolling submission strategy, it would expect to begin filing modules before the end of 2012 and to complete the NDA submission in the first quarter of 2013. Aeterna Zentaris believes its Fast Track request is justified, as there is currently no approved diagnostic test for AGHD in North America. AEZS-130 could provide a test that is safe and effective and also convenient, because it is administered orally.

Affecting 35,000 adult Americans, AGHD is generally characterized by low energy levels, decreased strength and exercise tolerance, increased weight or difficult losing weight, emotional changes, anxiety, and sleep impairment. Every year, 6,000 new adult patients are diagnosed with AGHD.

AEZS-130 is a ghrelin agonist that is a novel orally active small molecule that stimulates the secretion of growth hormone. Aeterna Zentaris has completed a phase 3 trial for use of the product as an oral diagnostic test for AGHD. The product has been granted orphan drug designation by the FDA for use in this indication. AEZS-130 is also in a phase 2A trial as a treatment for cancer-induced cachexia. Global rights to AEZS-130 are owned by Aeterna Zentaris.

Aeterna Zentaris, an oncology and endocrinology drug development company, is currently investigating treatments for a variety of unmet medical needs. The company’s pipeline includes compounds at all stages of development, from drug discovery through marketed products.

For more information, visit the company’s Web site at www.aezsinc.com

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BIOLASE, Inc. (BIOL) Opens Cutting Edge Technology and Training Center at Corporate Headquarters

BIOLASE, a global leader in dental laser manufacturing and distribution, announced today that it has opened a technology and training center at its Irvine, CA, corporate headquarters. BIOLASE’s patented Waterlase dental laser technology, proprietary EPIC line of diode lasers, and fully functional 3D digital imaging, including NewTom Cone Beam 3D imaging and BIOLASE DaVinci Imaging(TM) products, are all incorporated into the company’s hands-on lab within this cutting edge facility. Dental professionals who wish to hone their skills and acquire certification using best-in-class BIOLASE products can utilize the training center and the specialized training sessions administered therein.

The training given at the facility uses the “Tell, Show, Do and Teach Each Other” teaching method. The experienced clinicians at the training center combine lecture and hands-on coaching using extracted teeth and proxy dental models to provide top of the line instruction. In addition to the training opportunities, tours of the factory will be provided, giving dental professionals a chance to gain some insight into the development and manufacturing of BIOLASE products.

BIOLASE Chairman and CEO Federico Pignatelli said, “Advanced surgical and imaging products like ours require proper training. Creating a central hub for that activity is the most efficient way to deliver the best-in-class education and allows clinicians to interact with and among one another — creating a better learning environment. When presented with the full range of benefits our technologies deliver, the result is often a repeat customer and BIOLASE becomes a more essential part of that practice. BIOLASE, in turn, moves closer to becoming the top provider of technology solutions in dentistry. In addition to the clinical and practice benefits of taking courses in-house at BIOLASE, practitioners will gain exposure to management and to research and development activity where their interaction and input helps to continue the feedback loop so important in being a leader in innovation.”

Courses to be offered in the new training center include Waterlase and Diode Laser Certification Training, Refresher classes, and Master Specialty courses in Endodontics, Periodontics and Pediatric Dentistry. A full range of 3D Imaging courses are in development.

For further information, please visit www.biolase.com

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BIOLASE, Inc. (BIOL) Opens Cutting Edge Technology and Training Center at Corporate Headquarters

BIOLASE, a global leader in dental laser manufacturing and distribution, announced today that it has opened a technology and training center at its Irvine, CA, corporate headquarters. BIOLASE’s patented Waterlase dental laser technology, proprietary EPIC line of diode lasers, and fully functional 3D digital imaging, including NewTom Cone Beam 3D imaging and BIOLASE DaVinci Imaging(TM) products, are all incorporated into the company’s hands-on lab within this cutting edge facility. Dental professionals who wish to hone their skills and acquire certification using best-in-class BIOLASE products can utilize the training center and the specialized training sessions administered therein.

The training given at the facility uses the “Tell, Show, Do and Teach Each Other” teaching method. The experienced clinicians at the training center combine lecture and hands-on coaching using extracted teeth and proxy dental models to provide top of the line instruction. In addition to the training opportunities, tours of the factory will be provided, giving dental professionals a chance to gain some insight into the development and manufacturing of BIOLASE products.

BIOLASE Chairman and CEO Federico Pignatelli said, “Advanced surgical and imaging products like ours require proper training. Creating a central hub for that activity is the most efficient way to deliver the best-in-class education and allows clinicians to interact with and among one another — creating a better learning environment. When presented with the full range of benefits our technologies deliver, the result is often a repeat customer and BIOLASE becomes a more essential part of that practice. BIOLASE, in turn, moves closer to becoming the top provider of technology solutions in dentistry. In addition to the clinical and practice benefits of taking courses in-house at BIOLASE, practitioners will gain exposure to management and to research and development activity where their interaction and input helps to continue the feedback loop so important in being a leader in innovation.”

Courses to be offered in the new training center include Waterlase and Diode Laser Certification Training, Refresher classes, and Master Specialty courses in Endodontics, Periodontics and Pediatric Dentistry. A full range of 3D Imaging courses are in development.

For further information, please visit www.biolase.com

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Cardium Therapeutics, Inc. (CXM) Neo-Energy Hits a Whole New Level

I’m not new to the world of energy supplements. I’m constantly trying to maximize the limited number of waking hours to get as much done as possible. Often I end up pushing myself too hard and overestimate what can be done in a day’s time, reducing the hours of rest my body and mind need to maintain peak performance.

Like most people, I started with the popular, sugar-packed energy drinks. The idea of gaining the energy needed quickly without “wasting” time sleeping greatly appealed to me. But I learned quickly that I had to time my energy drink consumption right or else I’d end up crashing with even greater drowsiness at the wrong time. This was a big disappointment because sometimes I would really need a boost, but had to endure without it.

After trying the major brands and settling on my favorite, I was reluctant to try anything else, but finally I gave the popular 5-Hour Energy Shot a chance. It quickly became my new favorite since I no longer had the sugar crash (or calories) of the energy drinks; however, I never got used to the terrible taste, regardless of which flavor I chose.

Recently I tried a whole new energy supplement – a tiny pill with no calories, no taste, and no sugar. With the equivalency of an energy shot, this is by far the most convenient way to get an energy fix! Neo-Energy hardly takes up any space at all (just compare to a tall-boy energy drink), and it’s extremely easy to transport.

What appeals to me the most is the fact that the pills don’t have taurine, ginseng, or any of the other questionable additives most leading energy drinks mix in. Instead Neo-Energy consists of a customized blend of natural caffeine, green tea leaf extract, and Vitamin B3 (Niacin).

Without a doubt, Cardium Therapeutics has a real winner here by addressing all the issues of other energy supplements while making it even easier to get the energy needed.

To learn more about Cardium’s MedPodium products, visit www.medpodium.com

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E-Commerce China Dangdang Inc. (DANG) Video Chart for Wednesday, July 25, 2012

DANG bucked the trend of the broad markets yesterday by closing ahead nearly 10 percent. A morning star reversal pattern has formed with technical traders looking for confirmation in a chart that has a history of solid moves upon bullish crosses of the MACD.

To view the video chart, visit the following link: http://www.missionir.com/videos.html

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Vitesse Semiconductor Corp. (VTSS) Continues to Advance Ethernet Technology

Vitesse Semiconductor revealed its SynchroPHY™ portfolio of 1 Gigabit Ethernet (GE), 10GE, and 10GE OTN PHYs, which feature VeriTime™, the patent-pending distributed timing technology that delivers the industry’s highest accuracy IEEE1588v2 timing for IP Edge networks. The SynchroPHY portfolio offers a broad and scalable solution to supporting timing needs for Ethernet, microwave, and OTN networks. SynchroPHY portfolio highlights include 1GE PHYs: VSC8572/VSC8574 Dual/Quad GE PHYs, 10GE PHYs: VSC8487-15/VSC8488-15 Single/Dual 10GE PHYs, and 10GE OTN PHYs: VSC8492/VSC8494 Dual/Quad Universal or 10GbE PHYs.

“Our SynchroPHY family enables sub-10 nanosecond accurate timing through a simple upgrade of PHYs in existing routers and switches,” said Richard Interrante, product marketing director at Vitesse. “With Vitesse’s unique architectural approach, VeriTime-enabled solutions achieve the in-line speed and scalability crucial to the functionality of 4G service provider networks.”

Network equipment OEMs now have a viable upgrade path for IEEE1588v2 with Vitesse’s SynchroPHY and other VeriTime-enabled solutions. Vitesse offers a low cost upgrade option by replacing existing PHYs with Vitesse’s SynchroPHY devices, with minimal/no other changes to the rest of the system. Vitesse’s IP Edge portfolio, comprised of Carrier Ethernet Switch Engines and the SynchroPHY family, enables the industry’s highest accuracy, all-hardware IEEE1588v2 implementation, critical for 4G/LTE/LTE-Advanced (LTE-A) mobile network deployments.

Vitesse is a leading provider of advanced IC solutions for Carrier and Enterprise networks with over 25 years of history with Enterprising and Carrier solutions. The carrier-specific Ethernet IC portfolio is fully compliant with specified standards and interoperable with other solutions like Boundary Clocks (BC) and software filtering solutions. Vitesse products enable the fastest-growing network infrastructure markets, including Mobile Access/IP Edge, Cloud Computing, and SMB/SME Enterprise Networking.

Visit www.vitesse.com for more information

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CytRx Corp. (CYTR) Begins Phase 1b Clinical Trial for Aldoxorubicin in Tumor Patients

CytRx is a biopharmaceutical research and development company specializing in oncology. The company’s oncology drug pipeline includes three programs in clinical development for cancer indications: aldoxorubicin, tamibarotene, and bafetinib.

The company today announced the initiation of a Phase 1b clinical trial to determine the maximum tolerated dose and evaluate the preliminary efficacy of its aldoxorubicin drug (formerly INNO-206) administered in combination with the commonly used chemotherapeutic agent doxorubicin in patients with advanced solid tumors that have failed to be helped by other therapies. Aldoxorubicin is a tumor-targeting conjugate of doxorubicin. Recent animal trials using this drug combination have showed favorable results in ovarian and pancreatic cancers.

The single-center Phase 1b clinical trial will be conducted under the direction of Dr. Sant P. Chawla, director of the Sancoma Oncology Center in Santa Monica, California, and will enroll up to 24 patients. Doxorubicin will be administered at 50% of its maximum tolerated dose in combination with escalating doses of aldoxorubicin to determine the maximum tolerated dose of this drug combination in this patient population.

In June, CytRx reported results for a Phase 1b/2 clinical trial indicating that aldoxorubicin administered at its maximum tolerated dose showed clinical benefit in 10 of 13 patients with relapsed or refractory soft tissue sarcoma (cancer). Based on these positive results, CytRx plans to meet with the FDA in the second half of 2012 to discuss a potential Phase 3 trial as a therapy for patients afflicted with soft tissue sarcoma whose tumors have progressed, even following chemotherapy treatment.

For additional information about CytRx, aldoxorubicin, and its entire drug pipeline, please visit the company’s website at www.cytrx.com


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GreenHunter Energy, Inc. (GRH) Secures Public Pricing of 425k Shares of Series C Preferred Stock, Estimated Net Proceeds $8.3M

GreenHunter Energy is poised to drive significant shareholder returns in the burgeoning domestic/global oil and natural gas shale sector through a refined focus on the water resource services part of the company’s diverse renewable energy portfolio, and reported pricing a best-efforts public offering today with projected net proceeds of some $8.3M (after typical associated expenses).

The vast majority of the 425k share, non-convertible 10.0% Series C Cumulative Preferred Stock offering will be applied directly to CAPEX and operational outlays, acquisitive/developmental (direct or indirect) efforts geared to increase the company’s salt water disposal architecture, beefing up the subsidiaries, handling corporate expenses, and settling/refinancing outstanding debt.

Looking at a July 31 close date for the public offering, GreenHunter anticipates a NYSE MKT listing under the symbol GRH.PR.C with a public offering price of $21/share ($25/share liquidation preference). Investment in short-term marketable securities and reduction of short-term indebtedness are potential salient targets until more specific applications are determined, but with GRH’s technology-agnostic approach to providing broad spectrum services to the oil and gas operators, especially those in the Bakken, Eagle Ford, and Marcellus shale, it won’t be long before a direct application is ascertained.

The domestic market is surely heating up as oil and natural gas activity increase steadily, that’s why GreenHunter and its wholly-owned subsidiary, GreenHunter Water, LLC, have put together an experienced team able to help operators keep their extremely expensive rig infrastructure operating at maximum efficiency through true Total Water Management Solutions™ for produced water and frac flowback (in addition to a substantial, growing salt water disposal footprint). With veteran oil man, Gary C. Evans at the helm (over a century of oilfield experience in the Senior Management), the GreenHunter Water team has become quite adept at devising solutions tailored to the needs of sector operators, irrespective of the technical complexity required to execute a given solution.

Sole book runner for the offering was MLV & Co., with Livingston Securities, National Securities Corp., and Northland Capital Markets acting as co-managers. The offering is pursuant to the company’s filed registration statement which was declared effective by the SEC and investors can obtain a full prospectus from either EDGAR or the SEC websites (or by mail at GreenHunter Energy, Inc., 1048 Texan Trail, Grapevine, Texas 76051 – Attention: Investor Relations).

With an already strong position via the company’s disposal well facilities in the Marcellus (99-acre) and Eagle Ford (20-acre), as well as the trucking/hauling fleet capabilities (HAZMAT placard units available) required to support the company’s field services, equipment, and tank rentals, GRH stands to gain real bottom line momentum from this capital infusion. Powerful solutions like RAMCAT™ (Remote Access Management Compliance Asset Tracking) for wellhead management and compliance tasks, which blends proprietary software and the latest communications hardware to provide user-friendly, yet robust wellhead over watch, or the operator-centric Frac-Cycle™ customized treatment systems (any volume of fresh or brine water), set GRH apart in an increasingly crowded field of service providers. Technology like the company’s modular, above-ground, and temporary storage system, the MAG Tank™, is a perfect showcase of the company’s operator-centric design philosophy, as the 5-40k bbl MAG Tank is super easy to setup and take down, as well as having an extremely flexible design that is suitable to the widest variety of uses (the design really takes into consideration common problems like space, terrain, and weather/environmental restrictions).

GreenHunter intends to stay ahead of the game in unconventional oil and gas play water solutions, continually investing in infrastructural build up, as well as advancing the state of the water purification hardware, the trucks, and the company’s array of environmental clean-up/rental equipment.

For more information on the offering, or to learn more about GreenHunter Energy, Inc., please visit the company’s website at: www.GreenHunterEnergy.com


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Tuesday, July 24, 2012

Canadian Solar, Inc. (CSIQ) Passes Two High Voltage Tests

Canadian Solar announced that the company has passed two high voltage endurance tests conducted by the Photovoltaic Institute (PI) Berlin and PV Evolution Labs. The products tested were Canadian Solar’s CS5-mono-series and CS6-poly-series.

Canadian Solar is focused on being an integrated provider of ingot, wafer, solar cell, solar module, and other solar applications. The company designs and manufactures solar power components and systems to customers worldwide, with operations in North America, Europe, Asia, and Australia.

During the tests, the Canadian Solar modules were subjected to a negative socket voltage of 1,000 volt, with the grounded module front covered by a layer of water or aluminum foil. When the before-and-after performance rates were measured, the Canadian Solar module rate was seen to be higher than 98 percent following the endurance test; the company requested that PI Berlin double the standard stress time for further quality assurance. The modules received Potential Induced Degradation (PID) Class A. PID is gaining solar industry attention, and although no industry test standards exist, Canadian Solar has worked with PV Evolution to create such a set of standards.

Shawn Qu, chairman and CEO of Canadian Solar, said, “Such tests provide an important measure of orientation to our customers. The results demonstrate that they can count on the high quality of our products. We believe that we have some of the most advanced and highest quality products available in the market today. One of the reasons for this is that we have never shied away from investing into this area. This has now paid off.”

For more information, visit www.canadiansolar.com

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TNI BioTech, Inc. (TNIB) Enters Memorandum of Agreement to Equip and Operate Clinics in Equatorial Guinea

Today before the opening bell, TNI BioTech announced that the company has taken a major step forward with the signing of a Memorandum of Agreement with GB Oncology and Imaging Group LTD. (“GB”) to equip and operate oncology and infectious diseases clinics in Equatorial Guinea.

Cancer is now one of the leading causes of death in developing countries. In fact, there are more deaths in the world from cancer than from HIV/AIDS, tuberculosis, and malaria combined. Leveraging the assistance of the Equatorial Guinea government, the two companies aim to provide better access and public awareness for the prevention, diagnoses, and treatment of cancer and other infectious diseases.

The chosen location for the first clinic is the capital city of Malabo. This clinic would serve as the central hub for general health care clinics throughout Equatorial Guinea and the surrounding countries. Utilizing cutting-edge treatment options, the partnership aims to deliver safer, more effective radiation therapy; new-targeted drug therapies; and minimally invasive surgical alternatives. TNI BioTech will support the clinics with its patented therapies designed to boost patients’ immune systems and improve quality of life.

“This partnership is the first step in many that will allow TNIB and GB to begin to deliver quality care not only to the people of Equatorial Guinea but hopefully throughout Africa,” stated Dr. Herndon of TNI BioTech. “The need for quality care is critical because today advanced cancer treatment is available in only 23 of Africa’s 53 countries, reaching less than 5% of the (total African) population.”

To learn more about the company and its portfolio of immunotherapy technologies, visit www.tnibiotech.com

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ChinaNet Online Holdings, Inc. (CNET) Integrates Marketing Services with Baidu Mobile Promotion App

ChinaNet Online Holdings, a parent company to ChinaNet Online Media Group Ltd., has been working extensively with Baidu, China’s leading online search engine, to integrate ChinaNet’s advertising and marketing service solutions with Baidu’s online and mobile services. ChinaNet is a leading business-to-business Internet technology company, focused on online-to-offline sales channel expansion services for companies in the People’s Republic of China.

ChinaNet has now announced that it was officially invited and has attended Baidu’s launch event introducing Baidu’s new mobile app for businesses in China.

ChinaNet Holding’s COO, George Chu, spoke of the company’s plans: “We are very excited to collaborate with Baidu to integrate our services for Baidu Promotion App. With an increasing number of small business owners in China conducting day-to-day operations through their mobile devices, we see an opportunity to provide another unique, value added service to our customers. We believe our integrated mobile offering will complement our existing online advertising and promotions suite and allow us to sell more services to new and existing small business customers.”

The new Baidu mobile application lets business owners access real-time business data through their smartphones, allowing them to track the effectiveness of a promotion and make appropriate adjustments based on sales data. The app is available on all Android phones, with an iOS version scheduled for release in Q4 of this year. The Baidu Promotion App, as it is called, has already recorded approximately ½ million downloads.

ChinaNet provides various sales channel expansion services primarily to small and medium sized enterprises, along with entrepreneurial management and networking services for entrepreneurs in China. Through certain contractual arrangements with operating companies in the PRC, the company provides Internet advertising and other services via its portal websites, 28.com, Liansuo.com and Chuangye.com, TV commercials and program production via China-Net TV, and in-house LCD advertising on banking kiosks targeting Chinese banking patrons.

For additional information, visit the company’s website at www.ChinaNet-Online.com

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Duma Energy Corp. (DUMA) Success in Texas is Key Part of Overall Strategy

Although Duma Energy has oil and gas interests in Texas, Louisiana, Illinois, and is even pursuing an opportunity in Africa to acquire a private corporation with a significant interest in an African concession totaling approximately 6 million acres, the company’s key operations are located in the shallow bays off the Gulf of Mexico just east of Houston, Texas.

In early 2011, the company purchased 4 existing off-shore fields in Galveston Bay and Trinity Bay, most of which were originally developed and the facilities built by Exxon. Production operations are focused on the Frio interval, the most prolific in the region, and the fields are currently receiving a full geological and engineering analysis to determine future projects. This includes reworks, recompletions, plugging, offsets, and potential new drilling locations. Recently a new well was drilled in the Fishers Reef Field, in Trinity Bay, and is currently awaiting completion. Duma also operates several offshore production and processing platforms, as well as pipelines that carry the produced gas and liquids to shore-based production and processing facilities where they are either disposed of or sold. Production has increased dramatically, and will continue to expand, following a well thought out developmental timeline.

Duma believes that oil is currently (and historically) a compelling investment opportunity with a unique set of macroeconomic drivers. The company’s success in the above projects is a direct result of this, in addition to the key elements of their operational and growth strategy, and the advantages they feel they have in the industry.

An oil company that invests for strong financial returns, not solely for barrels of oil
A company not bound to any geographical location or operational strategy
A strategy where risk is evaluated on a broad basis, including operational, financial, and industrial
The use of only industry standard and time-tested technologies
The careful avoidance of unproven “resource plays” heavily dependent upon high commodity prices
A philosophy of letting others risk their money first and learning from their mistakes

In addition, the company’s CEO, Jeremy Driver, has personally invested more than 25% of the company’s capital since its inception. The CEO and other insiders have together invested more than 75%, and the CEO has continued to buy in the open market after initial investments. As a result, the interests of shareholders and management are heavily aligned.

For additional information, visit the company’s website at www.DUMA.com

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ZBB Energy Corp. (ZBB) and Honam Petrochemical Reach Final Milestone in Joint Battery Development

ZBB Energy designs, develops, and manufactures advanced energy storage systems, power electronic systems, and engineered custom and semi-custom products. The company’s products are aimed at the growing global need for distributed renewable energy, energy efficiency, power quality, and grid modernization.

The company announced today that it has hit the final milestone in the flow battery joint development agreement with Honam Petrochemical, a major diversified producer of petrochemicals and advanced synthetic resins located in South Korea. Several years ago Honam identified energy storage as a strategic priority business. Its due diligence search for a leader in the field of energy storage led them to ZBB Energy and its zinc bromide technology, which is widely recognized as the leading commercially available flow battery.

Under terms of the agreement, Honam paid ZBB Energy $3 million over a four-quarter period and gained non-exclusive rights to sell the ZBB EnerStore battery in Japan, Taiwan, Vietnam, Thailand, Singapore, and Malaysia, in addition to Korea.

In addition, ZBB benefited from this relationship through cost savings and performance achievements in the ZBB EnerStore product, which has been in development since January 2010 and began shipping in early 2012. The initial phase of the collaboration between the two companies spanned from April 2011 to June 2012. It culminated with shipment of a ZBB EnerStore to Honam in June. Specifically, the two firms worked together to refine the materials and manufacturing process for the ZBB EnerStore battery in sizes from 50 to 500 kilowatts.

The two companies have agreed to extend the first phase of their collaboration to September 30, 2012, and are currently discussing a manufacturing ramp-up and joint marketing plans. With Honam’s position in the plastics supply chain and their strong research capabilities, the two firms expect to be able to quickly reach global scale production.

For additional information about ZBB Energy Corporation and its energy technologies, please visit the company’s website at www.zbbenergy.com

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