MissionIR Small-Cap Investor Blog: February 2014

Friday, February 28, 2014

Ubiquity Broadcasting Corp. (UBIQ) Negotiates Acquisition of Stray Angel Films

Vertically integrated, technology focused media company Ubiquity Broadcasting announced it is finalizing negotiations to acquire the assets of privately held video and film production company Stray Angel Films.

Ubiquity’s number of studio and film projects continues to grow, and this proposed transaction is a strategic match – enhancing the company’s film and production revenue capabilities and its production and distribution capacity.

The terms of the proposed transaction state that Ubiquity will purchase all of Stray Angel’s assets for an aggregate value of $3 million, to be paid in Ubiquity’s restricted common stock. After the transaction has closed, Stray Angel will be integrated as a new division of Ubiquity. Additionally, key members of the Stray Angel management team will join Ubiquity under employment or consulting agreements. These team members include Suren M. Seron, Howard Asher, Josh Burrows, and Billy Civitella.

The proposed transaction is subject to legal and confirmatory due diligence, as well as approval by Ubiquity’s board of directors, Stray Angel’s board of directors, and a majority of shareholders, in accordance with regulatory provisions and the execution of definitive agreements.

For more information about Ubiquity, visit the company’s website at www.ubiquitycorp.com

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VolitionRx Ltd. (VNRX) Completes $3 Million Private Placement

VolitionRx, a life sciences company, announced today that it has completed a private placement with select new and existing accredited investors and received $3 million in gross proceeds from the transaction. Lake Street Capital Markets, LLC served as the transaction’s exclusive US placement agent. VolitionRx reports that it will allocate the proceeds toward operating costs such as its ongoing clinical trials program.

Cameron Reynolds, CEO of VolitionRx, says, “Proceeds from this raise will be used to fund operating costs, including VolitionRx’s ongoing clinical trials program, notably our 4,800-individual colorectal cancer trial, for which analysis commenced in January. We plan to use data from the trial in the initial application for European regulatory approval for our first cancer diagnostic test, which will be for colorectal cancer.”

In the transaction, VolitionRx sold to the accredited investors 1.5 million shares of common stock at a price of $2.00 per share, as well as five-year warrants for purchasing up to an additional 1.5 million shares of common stock at an exercise price of $2.20 per share.

VolitionRx is focused on developing blood-based diagnostic tests for different types of cancer. The basis of these tests can be found in the science of nucleosomics, or the practice of identifying and measuring nucleosomes in the bloodstream — an indication that cancer is present. The company seeks to make these tests mainstream and easy-to-use.

For more information, visit: www.volitionrx.com

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Cleveland BioLabs, Inc. (CBLI) Video Chart for Friday, February 28, 2014

CBLI is a bottom play that has held a support at 63 cents and is slowing rising since sinking from over $1 in January. There is resistance at 75 cents, but the indicators are signaling some early strength building in trend and momentum, putting the chart on watch to try and break the resistance after closing at 73 cents on Thursday.

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

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Thursday, February 27, 2014

Uranium Energy Corp. (UEC) Burke Hollow Project Advancing, Newly Identified Goliad Sand Zones Become Primary Development Drilling Focus

Uranium Energy Corp., which has a nice selection of properties strategically located in the rich Texas uranium belt around their fully licensed and permitted in-situ recovery (ISR) Hobson Processing Plant, reported solid news today out of their rapidly developing Burke Hollow Project (initial Inferred Resource Estimate is 2.89M lbs of eU3O8 grading, on average, 0.047%), a 17.51k-acre property that actually runs in the same trend as their Goliad Project (fully permitted and under construction) further northeast:

• Drilling Campaign started late last year (Nov 4) is going smoothly with three rigs on-site

• Phase 1 production permit drilling completed successfully (six monitoring wells in)

• Emphasis has turned to exploration/delineation, especially of two new mineralized zones

• 42 out of 80 holes budgeted have already been drilled, development drilling now key

VP of Resource Development for UEC, Andy Kurrus, couldn’t hold back the enthusiasm of the company’s geological team over the exceptional, rapid progress being made at Burke Hollow, citing in particular the discovery of the two new mineralized zones via rigorous analysis of all extant drilling data. The rest of the drilling campaign is going to target these new zones with a passion, one of which is an extension of the Goliad 370-foot sand horizon and, in total, there are potentially over four miles of geological trend here to be explored via tapping of the Burke site in undrilled areas. Interested investors should look again at the company’s Goliad Project specs, where four sand horizons have been identified in the 90 to 450-foot range, in order to get a good analog and some secondary insights as to how Burke will evolve.

In addition to the Goliad 370-foot sand and other target sands to be explored, deeper targets in the 280 to 560-foot range which have been identified will also be explored aggressively, as well as the potentially productive horizons even lower down in the 650 to 1.1k-foot range, something for which test drilling plans have already been developed. We should see a good deal of exciting activity coming out of Burke here in the next few months and investors should keep an ear to the ground as UEC starts hammering out the finer points.

The six monitoring wells are feeding the company a really consistent water quality metric and their completion brought the total of such wells handling regional baseline observation up to 30, with the first of the new wells drilled and cased right in the heart of the initially targeted production area. Data from the production area wells will be vital for completing the groundwater characterization sampling program that needs to be done prior to start of operations and we should get a closer look at the results when UEC files their mining permit application with the Texas Commission on Environmental Quality.

President and CEO of UEC, Amir Adnani, has previously emphasized that with the physical processing capacity of the Hobson plant being 2M lbs of U3O8 per year, a continued rollout of their demonstrably successful, easily scalable hub-and-spoke strategy will be essential for maximizing extraction and inputs to the plant, while still maintaining a low-cost profile. The company has seriously got a handle on low-cost ISR implementation, they have the mineralized acreage surrounding Hobson they need to deliver, and they are clearly getting all their ducks in a row here before the uranium price inevitably climbs back up. UEC is priming the pump to capture that momentum and their injected-solution ISR mining strategy really seems to be the future of such recovery work.

The NI 43-101 qualified person for technical data released in today’s report was UEC’s VP of Exploration, Clyde L. Yancey, P.G.

More on Uranium Energy Corp. is available at www.UraniumEnergy.com

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MAM Software, Inc. (MAMS) Announces Support for the University of the Aftermarket

MAM Software, a leading provider of business management software solutions, announced that it will be supporting the University of the Aftermarket (UAF) with a recurring annual donation. The 3-year pledge will total $20,000 by 2017.

The University of the Aftermarket is an educational alliance of the Automotive Aftermarket Industry Association (AAIA), Automotive Warehouse Distributors Association (AWDA) and Motor & Equipment Manufacturers Association (MEMA). Its website says that its mission is “to meet the management, business and leadership education and development needs of professionals working within the motor vehicle aftermarket.”

MAM Software was drawn to UAF because of its commitment to creating, promoting, and managing a widely recognized curriculum that covers industry-wide and custom educational courses of study. The program funds hundreds of scholarships for UAF programs, provides scholarship and grant money in conjunction with the GAAS scholarship program, and financially assists in the development of new curriculum, course materials, and textbooks.

“The University of the Aftermarket develops professionals who will define our industry in the near future,” said Patrick Maley, MAM Software’s President. “Programs—like those offered by the University— need to be in place so students have opportunities to pursue their interests and make a big impact on the automotive aftermarket. We’re in a position to help provide those opportunities, and are thankful to the University for giving us a medium through which to contribute.”

For more information on the company’s initiatives and its plans to give, please visit www.mamsoftware.com

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EMCORE Corp. (EMKR) Wins Solar Panel Manufacturing Contract from ATK for NASA’s InSight Mars Lander Mission

EMCORE Corp., a prominent supplier of compound semiconductor-based components and subsystems for use in the fiber optics and space solar power markets, announced that ATK (NYSE:ATK) has awarded a contract to the company for the design and manufacture solar panels to be installed on NASA’s InSight Mars Lander. The mission is slated for launch in March of 2016, and will be managed by the Jet Propulsion Laboratory (JPL).

The solar panels will feature EMCORE’s most cutting edge ZTJ triple-junction solar cells and will provide power to the InSight spacecraft. The Lander will be constructed and operated by Lockheed Martin Space Systems Company in Denver. ATK will manage the synergy of its legacy-designed UltraFlex solar arrays and EMCORE’s solar panels for the final flight configuration of the spacecraft.

InSight (Interior Exploration using Seismic Investigations, Geodesy and Heat Transport) is a NASA Discovery Program mission that will transport a single geophysical lander from Earth to the surface of Mars in order to study its deep interior. InSight will also serve as a terrestrial planet explorer that will lead to the discovery of the processes that formed the rocky planets.

“Missions of this magnitude require extremely high reliability and proven performance,” said David Messner, Vice President and General Manager of Solar Arrays and Deployables for ATK’s Space Components division. “We are pleased to be partnering with EMCORE again, this time to support the exploration of the Martian surface for Lockheed Martin and NASA’s Jet Propulsion Laboratory as part of the exciting Mars InSight program.”

“This contract with ATK is a very important award for EMCORE, and we are honored once again to contribute to NASA’s next mission to Mars,” said Dr. Brad Clevenger, Executive Vice President and General Manager of EMCORE’s Photovoltaics Division. “EMCORE has partnered with ATK on many successful programs and has supported several high-profile NASA-JPL missions including the Mars Science Laboratory (MSL) that carried the rover ‘Curiosity’ to Mars.”

“EMCORE is in the process of delivering solar panels for several other NASA missions including the Green Propellant Infusion Mission (GPIM) with ATK,” added Navid Fatemi, Vice President of Business Development for EMCORE Photovoltaics. “We greatly value our long-standing business relationship with ATK and look forward to another successful partnership with ATK on NASA’s Insight Mars Lander mission.”

EMCORE is one of the world’s leading manufacturers of highly-efficient radiation-hard solar cells for space power applications. With a Beginning-Of-Life (BOL) conversion efficiency nearing 30% and the option for a patented, onboard monolithic bypass diode, EMCORE’s industry-leading multi-junction solar cells provide the highest levels of performance to interplanetary spacecraft and earth orbiting satellites.

For further information, please visit www.emcore.com

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MamaMancini’s Holdings, Inc. (MMMB) Introduces New Line of Antibiotic-Free Meatballs for Wide Distribution in North America

Emerging pre-prepared all-natural foods manufacturer and marketer MamaMancini’s Holdings announced it has offered a line of antibiotic-free and hormone-free beef and turkey meatball products for national distribution. The new products, Slow Cooked Italian Sauce and Antibiotic-Free Beef Meatballs and Slow Cooked Italian Sauce and Antibiotic-Free Turkey Meatballs, are free from any animal byproducts and feature meat from animals that were on strict vegetarian diets. These items are the first in a series of new products MamaMancini’s plans to introduce throughout 2014.

These two new products have been successfully tested over the past 18 months in a nationally prominent grocery store chain in the Western United States. The products will now be made available with updated packaging for wide distribution throughout North America. MamaMancini’s products can currently be purchased in 7,900 stores on about 24,300 shelves – with each store offering around 3.1 SKUs. This year, MamaMancini’s believes placement on retailer shelves will continue to expand as the company gains distribution with new retailers and obtains additional authorizations from existing customers for its new products.

MamaMancini’s offers nutritious and convenient pre-prepared products with all-natural ingredients, providing customers with authentic, healthy Italian food. In addition to all-natural, preservative-free products, MamaMancini’s now offers antibiotic-free and hormone-free products to serve a growing segment of customers looking for more socially responsible meal options at only a slightly higher price point. MamaMancini’s believes these consumers could become a quickly growing segment of the food market.

MamaMancini’s sales have been consistently growing as the company’s distribution channel has expanded, now including such major retailers as Costco, Publix, Shop Rite, Price Chopper, Redners, Pathmark, A&P, Waldbaums, Food Emporium, Whole Foods, Shaw’s Supermarkets, Kings, Key Foods, Giant Eagle, Stop-n-Shop, Giant Stores, Food Town, Kroger, Winn Dixie, Market Basket, Albertsons, Shoppers, Wal-Mart, Marsh’s Supermarkets, Bashas, Bi-Lo, Central Markets, Weis Markets, Ingles, and The Fresh Market.

For more information about MamaMancini’s, visit www.mamamancinis.com

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Vuzix Corp. (VUZI) Wins Small Business Innovation Research Phase II Award from the Office of Naval Research

Vuzix, a supplier of video eyewear and smart glasses products in the consumer, commercial, and entertainment markets, has been awarded the remaining ~$75,000 phase I Option and a ~$680,000 phase II Small Business Innovation Research (SBIR) award from the Office of Naval Research.

The SBIR, entitled “Head Worn Display (“HWD”) Augmented Reality for Military Training Applications,” is to develop the thin see-through waveguide-based optics and display engines fixed in a pair of goggles to superimpose computer-generated information on an individual’s view of the real world.

Phase II of this SBIR will be to develop the optics and display engines and partner with Six15 Technologies, a provider of rugged, high-resolution HMDs and OEM optoelectronic module manufacturing, to integrate those optics into a standard pair of HMDs.

Augmented reality technology places virtual computer-generated objects into a person’s field of view, serving a variety of purposes, including training applications. Though the commercial sector is rapidly developing augmented reality applications for smart phones, a consumer-grade HWD is needed for serious military training applications. Currently, one of the biggest challenges to this technology in dismounted applications is the head worn display. There is a need for augmented reality HWDs that have the form factor of sunglasses or ballistic goggles and can operate for hours without needing to be recharged, says Vuzix.

Follow-on phases of the award, which are expected to be valued at significantly higher dollar value, will develop field deployable solutions with larger field of views that can be put to work in the simulation and training needs of the U.S. Navy.

Paul Travers, president of Vuzix, in the news release stated, “The engineering team at Vuzix demonstrated an in-depth command of the technical and development challenges for the requirements of this award. Our technology showed the greatest innovation and the ability to provision displays to meet the see through and wide field of view requirements of the Navy’s program.”

For more information visit www.vuzix.com

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Wednesday, February 26, 2014

Lincoln Educational Services Corp. (LINC) Latest Manufacturer Partnership Secures Chrysler’s MOPAR X-Press Program for Mahwah, NJ Campus

Lincoln Educational Services, one of the top post-secondary technical educators in the country, catering to recent high school grads and working adults with career-oriented programs of study in key areas like automotive, business, the health sciences, information technology, and skilled trades, was pleased to announce today that their Lincoln Technical Institute campus in Mahwah, NJ was specially chosen by Chrysler to make available their Mopar X-Press apprentice program, which teaches specialized technical skills related to Chrysler, Dodge, Jeep, and RAM vehicles.

Mopar X-Press coming to the campus is a clear indication of the quality of the students Lincoln has to offer and when such a big name manufacturer like this specifically selects an educational institution as a partner for this program, it is a very strong endorsement of the students technical proficiency/aptitude and is rather like proactive headhunting for new talent by Chrysler, as many of these students will likely go on to join their teams in the near future. Securing the (highly advantageous to students) program is a real coup for LINC too, which prides itself on being a driving force in the lives of its students, helping them to turn their passions into meaningful, achievable career goals.

A key aspect of the program is the opportunity to train under a Chrysler Master Technician, getting to really learn the inside tips and tricks of the Mopar catalog and develop highly specialized skills in the more advanced technologies at play, all while earning a specialized Automotive Technology certificate. The Mopar X-Press program involves 120 hours of direct work at one of the dealerships, where students get a ton of applied, hands-on work experience in a professional setting and this process also gives Chrysler an opportunity to skim the cream off the top of the talent pool, snatching up the best and brightest technicians in the country.

Mahwah Campus President, Jay Rasmussen, proud to have been selected by Chrysler, emphasized that Lincoln’s programs are significantly enhanced via such manufacturer partnerships and that these opportunities represent some of the hottest and most exciting vectors for the students as well. Sentiments echoed resoundingly by President of the Lincoln Group, Deborah Ramentol, who went on to underscore the fact that Chrysler’s decision to bring the program to the campus was due primarily to the exceptional quality of the student body.

This is just the latest milestone for LINC it seems, as the company continues aggressively establishing new partnerships and programs like this around the nation, ever seeking to effectively arm workers with the tools they need to meet the demands of employers. The Mahwah campus offers a variety of other advantages to students as well, like an Automotive Technology program with BMW FastTrack option, which allows students to train at the BMW Training Center in nearby Woodcliff Lake, as well as other cutting-edge programs in the areas of Automotive Mechanics, HVAC, and the latest Electronic Systems Technology.

The 79k square foot, 16-bay (with rotator lifts), fully functioning auto shop facility at the Mahwah campus also has a fleet of 20 vehicles available (including hybrids) for students to work with and the students get all the necessary secondary skill training from LINC as well before being sent out to achieve, like time management and financial literacy. Moreover, students receive career search and placement assistance, ensuring that not only are they able to capitalize fully on their training, but that LINC continues to maintain its sterling reputation for graduating and placing some of the most skilled technicians in the country, a reputation which they have enjoyed since shortly after inception, way back in 1946.

With 33 campuses and five training sites across 15 states, LINC has put together a seriously impressive technical skills-focused, career-focused education platform and this latest announcement reinforces the company’s strong lead in the sector.

More info on Lincoln Educational Services Corp. is available at www.LincolnEdu.com

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Methes Energies International Ltd. (MEIL) Proficient with Three Workable Solutions

Methes Energies International is a renewable energy company that offers a variety of solutions to biodiesel fuel producers. The company offers biodiesel processors that are unique, compact, fully automated state-of-the-art and continuous flow that can run on a wide variety of feedstocks. Methes markets and sells biodiesel fuel produced at its showcase production facility in Mississauga, Ontario, Canada, and at its 13 MGY facility in Sombra, Ontario, to customers in the U.S. and Canada, as well as providing multiple biodiesel fuel solutions to its clientele. Methes can remotely monitor the quality and characteristics of its clients’ production, provide upgrades and repairs, and advise clients on adjusting their processes to use varying feedstock to improve the quality of their biodiesel.

Among the company’s many services is its “Pipe-to-Pipe” solution – applicable with individual, corporation, and municipalities that possess experience in the biodiesel/oil and gas industry or already who are heavy diesel users. This solution provides for one Denami 600 unit as well as an environmental checklist, lab equipment, oversight of the installation, commissioning, training, and ongoing support and maintenance via an annual service agreement.

Methes’s also has its turn-key “Production Line” solution. Once the site has been selected and approved for the production and storage of biodiesel, Methes will work with you to set-up your location with the environmental checklist, lab equipment, supervise the installation of storage tanks, pipes, truck load out facility, and provide one Denami 600 unit. This solution is ideal for individuals and corporations with limited experience in the biodiesel production business and/or those looking for a fast start to produce 1.3 M gallons (5M liters) per year of bio-diesel.

The company also offers a “Facility” solution. This option is fully turn-key. The customer tells Methes where they want their plant to be located and a team of professionals goes to work to deliver an operating biodiesel production facility. Starting with an existing building or selecting to build a new one, the company’s team of experts ensures the project is running and producing ASTM quality biodiesel. This is a viable option for individuals or corporations looking for a problem-free, ‘no-hassle’ approach.

For more information about the company visit www.methes.com

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Tuesday, February 25, 2014

VistaGen Therapeutics, Inc. (VSTA) Tackling Expensive Problem of Drug Failure with Human Clinical Trials in a Test Tube™

With diseases such as Alzheimer’s, type 2 diabetes, and rheumatoid arthritis on the rise, there is a growing need for new and more effective treatments. But as an editorial by the Washington Post on new drug development initiatives by the National Institutes of Health makes clear, the cost of drug development failure is staggering—and widespread. According to the editorial, “taking a drug candidate from early discovery through Food and Drug Administration approval takes a decade and has a 95 percent failure rate.” Plus, with the cost of drug development being known to be able to exceed $1 billion, it is clear that pharmaceutical companies face a very uphill challenge in bringing blockbuster, high-therapeutic-potential drugs to market in today’s “drug approval climate”.

VistaGen Therapeutics, a California-based biotechnology company, meets this problem head-on with its Human Clinical Trials in a Test Tube™, a human pluripotent stem cell technology that enables biotechnology and pharmaceutical companies to identify unexpected heart or liver safety concerns before a drug candidate has journeyed far into its development process. With this “drug rescue” capability, biotechnology and pharmaceutical companies also become able to renew their bring-to-approval efforts of once-promising-but-now-backshelved drug candidates that were discontinued due to heart or liver safety issues.

According to a Forbes article in 2012, the sunk cost of a failed drug candidate for a big pharmaceutical company can be huge. The article notes that the cost of an average drug developed by a major pharmaceutical company is at least $4 billion. That is where the drug rescue potential of VistaGen Therapeutics’ technology becomes clear. VistaGen Therapeutics believes that conventionally used toxicological testing systems, such as animal testing and other nonclinical methods, do not closely approximate human biology enough to account for initially undetected liver and heart toxicity and metabolism issues. Human Clinical Trials in a Test Tube™, in contrast, enables the differentiation of human pluripotent stem cells into mature human cells. With these resources in hand, therapeutic solution developers then become able to identify any emerging liver or heart safety issues before a drug candidate has generated huge sunk costs in research and development.

Mr. Shawn Singh, J.D., Chief Executive Officer of VistaGen Therapeutics, has described the disruptive potential of Human Clinical Trials in a Test Tube™ as “game-changing”. Having noted that he has not seen anything like the ways VistaGen Therapeutics is applying stem cell technology in his broad professional career, Mr. Singh has signified his confidence that the human pluripotent stem cell technology could change the face—and cost dynamics—of American drug development and approval.

For more information, visit: www.vistagen.com

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International Flavors & Fragrances Inc. (IFF) and Amyris, Inc. (AMRS) Announce Completion of First Phase of Fragrance Development

Leading flavor and fragrance developer, International Flavors & Fragrances announced today that it has completed the first phase of its collaboration with Amyris on their set of renewable fragrance ingredients. The companies plan to proceed with the second phase of development.

IFF and Amyris teamed up in April 2013 to develop a sustainable, cost-effective, and reliable source of key fragrance ingredients. Under the terms of the multi-year agreement, IFF will have exclusive rights to the renewable fragrance ingredients developed for applications in the flavors and fragrances sector, and Amyris will have exclusive rights in other sectors.

“As we near the first anniversary of our collaboration with Amyris, we are delighted to launch the next phase of the project,” remarked Nicolas Mirzayantz, IFF Group President, Fragrances. “This arrangement supports our long-term strategy, which focuses on both innovation and portfolio maximization.”

Mirzayantz continued, “In our 125-year history, we have been market leaders in the area of innovation and this recent work with Amyris reflects our continuing commitment to lead in this area. We believe that the creation of cost-effective molecules will have a positive impact on our Fragrance Ingredients business as well as the creative capabilities of our Fragrance compounds business.”

Amyris’s President and CEO, John Melo, added, “We are extremely pleased with the success in our collaboration with IFF and are optimistic about the prospect for scaling up new fragrance compounds using our technology platform.”

For more information on IFF, please visit www.iff.com. Information about Amryis is available at www.amyris.com

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ImageWare Systems Inc. (IWSY) Biometric Engine Selected as Envisioneering Innovation and Design Award Winner

Leader in mobile and cloud-based, multi-modal biometric identity management solutions, ImageWare Systems (“IWS”), announced that it has been named an Innovation and Design Award Winner for its Biometric Engine® (BE), a patented, real-time, high-performance, cloud-enabled Multi-modal biometric database. Curious minds can visit ImageWare at Booth MWC 7K08 Hall 7, mobile payment pavilion.

After three weeks of inquisitive deliberation by five judges in Europe and North America, industry research firm Envisioneering ultimately honored eleven companies for thirteen innovations that are currently breaking new ground in technologies for improving areas such as work, play and home. Envisioneering judges chose the winners of the Innovation & Design Awards from over 30 companies who launched new products during ShowStoppers. Showstoppers is a product showcase event for journalists that takes place at GSMA’s Mobile World Congress. This year’s event took place in Barcelona.

The winners spanned from efficient protocols which link the Internet of Things to Android and iOS app toolkits to personal protection and monitors for family members to biometric and eye control, as well as log-in tools and products.

“The companies represented among this year’s winners are stepping up their tempo and pace of innovation,” commented Richard Doherty, Envisioneering’s Research Director and lead Judge. “With a keen focus on mobile products, services and lifestyle, they weave together original ideas in hardware, software, services and versatility to benefit the life of the consumer.”

“In 2013, the United States alone saw more than 12 million identity fraud victims at a dollar cost of $24 billion, with the average financial loss per identity theft totaling $4,930. Goode Intelligence predicts that by the end of 2015 there will be 619 million people using biometrics on their mobile device. We are honored to be recognized for our innovation in the next generation of identity management,” stated Jim Miller, CEO of ImageWare Systems. “Legacy technologies are failing to protect business and consumer. Cost effective, flexible, cloud based Multi-modal biometrics can authenticate and verify personal identity based human characteristics and cannot be replicated. We are delivering new models that support the huge growth in mobile and desktop transaction, business and health services.”

Those selected for the honor were judged in areas such as creative design, style, and overall innovation in 26 categories of social benefit, ranging from personal entertainment delivery technologies to health and wellness.

“Gartner’s estimate of 30% enterprise adoption for biometrics as the authentication standard by 2016 presents a huge opportunity for ImageWare in the projected $400 billion dollar market place estimated for mobile payments by 2015,” concluded Jim Miller.

To learn more please visit www.iwsinc.com

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CYREN (CYRN) Enters First Distribution Agreement for WebSecurity Service

CYREN, a prominent supplier of integrated cloud-based security solutions and software-based security technology, announced today that it has entered a distribution agreement with Certified Information Systems (“Certsys”). Certsys is a leading Russian supplier of certified software for complex security systems and personal data protection.

The agreement marks the first distribution agreement for CYREN WebSecurity, a cloud-based private label Web security service that gives service providers, resellers, and software vendors the ability to rapidly offer secure browsing from any device, at any location through a partnership with CYREN. CYREN WebSecurity will be available across Russia through Certsys’ expansive network of local resellers, serving both large and small organizations.

“We see CYREN’s new cloud-based security services as a true opportunity to further grow our IT security business,” said Sergey Grudanov, CEO at Certified Information Systems. “CYREN’s SecSaaS platform enables us to offer our region’s leading IT services organizations and other businesses with an easily deployed and managed service that takes advantage of the convenience of the cloud as well as the proven power of CYREN’s detection and monitoring capabilities.”

Certsys, and all other CYREN partners, now have the capability to quickly capture the expanding Security as a Service (SecSaaS) market opportunity by offering a comprehensive solution for roaming users, smartphones and tablets, including BYOD. It leverages CYREN’s GlobalView™ Cloud infrastructure, its patented Recurrent Pattern Detection™ technology, and the most robust transaction base in the industry to deliver a unique cloud-based Secure Web Gateway service.

“Just weeks after launching the CYREN WebSecurity service, we’re pleased to announce our distribution partnership with Certified Information Systems, as it validates the market demand for an easily deployable, yet powerful cloud-based Web security service,” said Lior Samuelson, CEO and Chairman of the Board at CYREN. “We’re confident that our new SecSaaS platform is not only a ground-breaking opportunity for white label partners, but also a long-term stepping stone for ongoing CYREN growth.”

For further information, please visit www.CYREN.com

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Large Coal-Power Cooperative Chooses Midwest Energy Emissions Corp. (MEEC) Solution

A large coal-power cooperative in the Southwest U.S has chosen to use Midwest Energy Emissions Corporation’s proprietary mercury emissions control technology. Company estimates are that this multi-year supply contract will generate revenues of $2 million annually starting in early 2015, and with initial system installation revenues in 2014 of $2.4 million.

The U.S. Environmental Protection Agency’s (EPA) Mercury and Air Toxic Standards (MATS) rule requires that coal- and oil-fired power plants in the U.S. larger than 25 megawatts remove roughly 90% of mercury from their emissions beginning April 16, 2015, with limited extensions granted for compliance in April 2016. ME2C uses patented technology that has been shown to achieve mercury removal levels compliant with MATS at a significantly lower cost and with less operational impact than currently used methods.

CEO Alan Kelley stated, “We are excited to announce that another electric power provider has chosen ME2C for removing mercury emissions to comply with MATS regulations. This further demonstrates the emergence of our best in class technology and the well-respected work that our team has put forth over the years.”

Kelley continued, “We are very confident in the prospects of business growth over the coming months and years as utilities are required to comply with MATS. Our solution will reliably deliver on a value proposition unlike any other in the market today. With a critical focus on execution and service, we look forward to rapid adoption and significant revenue growth for our shareholders.”

Midwest Energy Emissions Corp. delivers cost effective mercury capture technologies to power plants and other large industrial coal-burning units in North America. The company’s proprietary technology enables customers to meet the new, escalating standards the U.S. EPA has set for mercury emissions, in an economical and effective manner with minimal disruption to their current equipment and current operations.

For more information, visit www.midwestemissions.com

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Monday, February 24, 2014

Global Payout, Inc. (GOHE) Activates 25,000 Accounts with Launch of Multiple ePayment Solutions in Niche Market

Global Payout announced earlier today the launch of eGateway payment systems specifically serving a new and growing niche market opportunity for the company. According to the press release, Global Payout has secured 4 contracts to provide payment solutions to direct sales companies, activated 25,000 member accounts, and expects significant international growth potential within the niche. The company also reported details of its newest contract recently signed with Worldwidepays Inc., Ltd., a Malaysian company, and its affiliated group of network marketing companies.

“The network marketing industry has a unique set of circumstances and needs that require sophisticated depth and breadth of payment solutions, account functionality and disbursement options,” said Bill Rochfort, President of Global Payout. “Global Payout is uniquely poised, technologically and economically, to provide great value to operators in this niche. For this reason, we are seeing a very large growth opportunity for Global Payout, and the demand for our CPG solutions and eWallet capabilities is growing. In a short period of time, we have successfully activated service to 4 network marketing companies and over 25,000 accountholders whom are receiving their commissions via our system,” he added.

The new contract specifies the deployment of a series of customized gateway platforms for the financial management needs of Worldwidepays and their affiliated companies. Global Payout has already activated CPG accounts for one of Worldwidepays’ affiliates, MaximTrader. MaximTrader is a financial trading facilitator on the FOREX currency exchange and a market research house with operations throughout Europe, China, Hong Kong, Japan, South Korea, & South East Asia.

Each CPG eWallet platform deployed will serve as a payment system and repository for on-time and efficient commission disbursements. Each marketing member’s commission is electronically deposited into the member’s eWallet account at each payout time. The member can let his earnings aggregate in his eWallet account or make withdrawals from it at any time. Members can monitor their eWallet account balance and activities online, or via their smart phone. Furthermore, the CPG eWallet will also automatically transmit a notification email each time a deposit is made to the member’s eWallet account.

Harnessing the CPG eWallet’s built-in Payment Gateway capabilities, each member has multiple choices of withdrawal from their eWallet account. The member can push part or all of their funds in their eWallet account to their bank checking or savings account via bank network connectivity of the eWallet, push funds to their credit card account via an eWallet provided merchant service processing gateway, push funds to his China UnionPay debit card, or push funds to his International Prepaid Debit Card provided by Global Payout.

Mr. Joe Cheong, Director of Worldwidepays, commented, “We already have one CPG eWallet platform successfully deployed in our MaximTrader operation for the last two months. With approximately 2500 account activations and enough experience and satisfaction under our belt, we are ready to deploy the CPG eWallet to all of our operations and are recommending this solution to our other trading partners.”

James Hancock, CEO of Global Payout, added, “We are extremely pleased to see this market opportunity develop so rapidly and to have such a strong marketing alliance in Asia, a place we know payment system needs are growing rapidly and dynamically. There is great synergy between Global Payout and Worldwidepays, and we look forward to working closely with them throughout all future CPG deployments.”

For more information, visit www.globalpayout.com

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Well Power, Inc. (WPWR) Issues Market Update to Investors

Today at the opening bell, Well Power provided information on the applications and market size of its licensed Micro-Refinery Unit (“MRU”) technology. The company’s stock closed the trading session up 24.4% on strong volume of nearly 7.7 million shares.

An MRU can process wasted and shut-in gas, including natural gas which is otherwise flared. The operation is made economical by integrating commercially proven technology with a novel single-vessel which combines the creation of synthesis gas (syngas) with the Fisher Tropsch process.

There has been a significant increase in the number of flaring permits issued by Texas’ regulatory body for the oil and gas industry. In 2011, 651 permits were issued as compared to 3,012 in 2013. This is a 462% increase over two years and corresponds with a dramatic increase in drilling permits. It also indicates that the rapid pace of drilling and well completions is outpacing the capacity of industry to build infrastructure to capture and transport associated gas, also referred to as casinghead gas.

The Eagle Ford Shale, an oil field 50 miles wide that stretches 400 miles along southeast Texas has seen significant increases in production; made possible by a drilling technique known as hydraulic fracturing. Oil production from the Eagle Ford Shale has spiked from 352 barrels per day in 2008 to 677,407 in 2013.

Dan Patience, president of the company, commented, “Significant amounts of usable gas, as well as potential revenue, are simply going up in smoke. This gas can be used on lease once processed into Engineered Fuels or power. This would dramatically reduce harmful greenhouse gas emissions, create revenue streams for excess product, and save operators the cost of bringing in diesel or power.”

Well sites are often in remote areas and have to rely on electrical generators powered by big diesel engines. According to exploration and production company Apache’s website (Apache leads way to new natural gas trend), the drilling industry nationwide last year used 700 million gallons of diesel fuel to pump sand and water during fracking operations. The industry could realize significant savings by using this otherwise flared gas on lease.

“Well Power Inc.’s MRU is the ideal solution to allow these wells to come on-line faster,” Dan Patience added. “Pipeline infrasturucte is not keeping pace, and it’s costing the industry a significant amount of money. Not only will operators realize revenues faster, but they will be helping the environment by not flaring this raw natural gas and emitting these greenhouse gases. It a win-win”.

For more information, visit www.wellpowerinc.com

MicroStrategy® Inc. (MSTR) Code-Free Mobile App Platform Used by Gold Giant Kinross to Execute Demonstrably Powerful BI Solution

MicroStrategy, a name that has nearly become synonymous with situational awareness-driving enterprise software platform architectures over the past several decades, reported today that Canadian-based gold mining industry giant, Kinross Gold Corp. (KGC), has deployed a major business intelligence iPad app to their mining operations layer using the amazing capabilities of the company’s code-free MicroStrategy Mobile™ app platform.

Now, Kinross is a big player in the gold game, with digs all over the planet spanning nine major operations in North America, Africa, Russia and South America, so they cannot continue to live and grow within a fractured business intelligence container, built entirely out of older solutions. The Kinross iPad application allows regional supervisors to get their hands on actionable data when they need it most, accelerating decision making in the field which is driven by direct data input and empowered by automatically changing language where needed to ensure fluidity, as well as accuracy.

For a diverse workforce like the one at Kinross, engaged in a business where you are constantly on the go, being freed from a PC and yet being able to simply execute everything via the iPad represents a serious logistical breakthrough. The multi-language content capabilities and product-differentiating analytical tools of the MicroStrategy Mobile business intelligence platform, also allows Kinross to easily and intuitively explore their own vast, big data landscape for heretofore undiscovered nuggets of potentially groundbreaking insight. Getting all eyes on the data generated by across the enterprise, in near real-time, while also bringing down language barriers and allowing immediate input from people in the field, creates the perfect way for a mineral developer like Kinross to turn up new production targets or identify areas where operations can be improved.

According to Director of Project Management for Kinross, Alexis Ricordi, the decision to go with the MSTR product was arrived at only after a comprehensive review of all the analytical solutions out there on the market today. MicroStrategy Mobile came in ahead of the pack according to Ricordi, hands-down too, on a variety of targeted factors like platform speed, development window for publishing apps, tight mobile integration, overall ease of use and most importantly perhaps to Kinross, total cost of ownership. Something CIO and VP of IT at Kinross, David Cefai, puts rather well in his Customer Testimonial Video, describing the increasingly inordinate costs of their extant solution set, not to mention the amount of time spent just to maintain the systems and get them to the point where they could deliver business value.

Cefai hailed MSTR for providing the tools to do a much needed course correction at Kinross and insisted that since implementation of the MicroStrategy solution, significant changes have been able to be applied to their underlying business processes, with Kinross taking full advantage of the new bench to overhaul process and technology elements of the operation. Cefai stated clearly that “there is no debate” at Kinross as to whether or not the MSTR solution is delivering significant value in this area and he emphasized his happiness with the decision to pick MicroStrategy, now an increasingly obvious best-of-breed in the BI space after yet another big name endorsement.

President of MSTR, Paul Zolfaghari, touted the buzz among top industry analysts about the company delivering the best mobile BI platform out there today, hinting that the true, unquantified value of the MSTR solution rests well out beyond the acclaimed multi-language capabilities and robust analytical tools, and is extremely well showcased by the Kinross example. The real power of this kind of near real-time situational awareness framework for BI is, of course, immediately apparent to any seasoned management professional.

The modularity of apps developed on the MSTR solution, thanks to the building block-like component approach where each app is an “object” that can be reused and which updates automatically, makes such apps ridiculously easy to maintain as well, removing another major headache that has created roadblocks in this area. Device-independent deployment capabilities are also key here and the elimination of any application-specific scaling makes pixel-perfect design layout a breeze, ultimately resulting in easy to build and use apps that are highly accessible to even the lay developer.

For more information, visit www.MicroStrategy.com

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ARI’s (ARIS) AccessorySmart Honored with Prestigious Nifty 50 Award

ARI Network Services announced that AccessorySmart™ has been honored with a Powersports Business 2014 Nifty 50 Award. All of the winners of the Nifty 50 Awards were picked by the editors of Powersports Business and its sister consumer media brands in the powersports industry including both Thunder Press and Rider.

AccessorySmart is the only powersports OEM and aftermarket parts, accessories, and garments (PG&A) lookup solution of its kind. The innovative AcessorySmart allows for dealers to find key products, their availability, and their cost from an expanding list of industry leading suppliers. The latest product release showcased the addition of eight new catalogs, including the introduction of OEM PG&A.

“The winners of the 15th annual Nifty 50 are considered the best of the best in the category of parts, accessories and service solutions for powersports dealers,” commented Editor-in-Chief of Powersports Business, Dave McMahon. “We attracted a record number of entrants to the contest. That said, the innovative products we chose are meant to give dealerships an edge leading into the spring selling season. AccessorySmart certainly fits that description.”

The key features of AccessorySmart Version 1.9 include:

• Multi-faceted search capabilities, which allow for users to filter products easier by attributes such as size, material, and color.

• Features content from leading manufacturers and distributors, of which include the likes of Tucker Rocky, Parts Unlimited, Western Power Sports, Honda, Polaris and many more.

• Works wonderfully with leading dealer management systems allowing dealers to efficiently manage inventory in-store and within their distributor network.

• A mobile responsive platform that automatically optimizes the display for desktop, mobile and/or tablet uses.

• Users can switch from the dealer search view and workflow to an optional customer friendly view in order to hide sensitive data, including dealer cost.

“It’s an honor to be included in the Powersports Business Nifty 50 list for the second consecutive year,” stated Vice President of Product Management at ARI, Brad Smith. “Based on user feedback, AccessorySmart 1.9 is easier than ever for dealers to use. Winning another Nifty 50 award is confirmation that our solutions help our customers Sell More Stuff!™”

To learn more, please visit www.investor.arinet.com

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