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The Best of U.S. Company Tech News - Updated Daily

Monday, May 7, 2012

  • Posted at 6:00 AM
    SAN DIEGO, CA -- (Marketwire) -- 05/07/12 -- Dozens of tornadoes have already ravaged the Midwest and more recently, Texas, making it clear the season is quickly moving into high gear. MIR3, Inc., the innovator of real-time Intelligent Notification and response technology, is urging employers to review their business continuity and disaster recovery (BC/DR) plans to keep employees safe and operations running should a devastating twister strike. Last year 1,688 tornadoes wrought havoc in the US in 2011, causing ... read more
  • Posted at 5:58 AM
    SHERMAN OAKS, CA -- (Marketwire) -- 05/07/12 -- Avail-TVN, the leading digital media services company, today announced a partnership with AdGorilla to bring TVC+ LATINO -- a new linear channel offering Spanish-language programming from the most-watched networks in Mexico -- to U.S. audiences. AdGorilla represents TVC+ LATINO, handling sales, licensing and advertising for the new channel, and has tapped Avail-TVN to deliver this exciting new network to Multichannel Video Programming Distributors (MVPDs). "Spanish language programming continues to represent one ... read more
  • Posted at 5:56 AM
    Stereotaxis, Inc. (NASDAQ: STXS) today announced it has entered into definitive agreements with select institutional investors to raise total gross proceeds of approximately $18.5 million in two financing transactions. The Company also announced an amendment to its credit agreement with Silicon Valley Bank (SVB), including extending its revolving credit facility to March 31, 2013. In a private offering of common stock, Stereotaxis will raise $10 million through the issuance of approximately 21.7 million shares of common stock and ... read more
  • Posted at 5:55 AM
    Dr. Baruch Levush, acting superintendent of the Electronics Science and Technology Division (ES&TD) at the U.S. Naval Research Laboratory (NRL), is the 2011 recipient of the IEEE-USA Harry Diamond Memorial Award for contributions and leadership in the modeling and design of vacuum electronic devices. ... read more
  • Posted at 5:54 AM
    Bravo Tech Inc. (BTI) has partnered with San Diego-based E-Band Communications Corp. to develop the industry’s first Distributed Antenna System (DAS) with a wireless Common Public Radio Interface (CPRI) backhaul. Under the partnership, BTI has integrated E-Band’s wireless backhaul ... read more
  • Posted at 5:51 AM
    Physician's Technology announced new computerized digital joint pain relief technology may take 1 billion pain pills off the street. Millions suffer from joint pain and arthritis, often pushing them to the brink of addiction to pain pills. Government sources report that over 1.7 million Americans 12 and older are addicted to pain medication and thousands die each year. In desperation, many give in to pain pills. As baby boomers age, joint pain and arthritis are a growing problem. The inspiration ... read more
  • Posted at 5:47 AM
    Advanced Photonix, Inc.® (NYSE Amex: API), today announces that the Air Force has exercised its option for additional work on a SBIR Phase II contract. The 12 month contract option totals $1.5M and funds the development and field deployment of a prototype terahertz (THz) non-contact quality ... read more
  • Posted at 5:46 AM
    Verafin Inc. (, a leading provider of fraud detection and anti-money laundering (FRAML™) software, today announced that they have redesigned and enhanced their Currency Transaction Reporting (CTR) and Suspicious Activity Reporting (SAR) modules to support the Financial Crimes Enforcement Network’s ... read more
  • Elster, Itron, Landis+Gyr, NICT and Silver Spring Networks Drive Adoption of IEEE 802.15.4g --- RALEIGH, N.C., LIBERTY LAKE, Wash., ALPHARETTA, Ga., TOKYO and REDWOOD CITY, Calif., May 7, 2012
    Posted at 5:45 AM
    Elster (NYSE: ELT), Itron, Inc. (NASDAQ: ITRI), Landis+Gyr, the National Institute of Information and Communications Technology (NICT) of Japan, and Silver Spring Networks announced today that the Institute of Electrical and Electronics Engineers (IEEE) released the 802.15.4g radio standard, a global wireless networking standard enabling interoperable communications between certain smart grid devices, including smart meters and smart home appliances. The new standard represents a huge leap forward in establishing common and consistent communication specifications for utilities deploying smart grid technologies. This ... read more
  • Posted at 5:44 AM
    Precision Health Media, the leading source for Diagnosed Audiences, has named Mark Magnani as Vice President - Advertising Sales, a new position reporting to Suzanne Polizzi, SVP Sales. In addition, Tim Hanlon has joined the company's rapidly growing team as an advisor. Mark Magnani has more than 20 years experience - in online, print and out-of-home media -- working with senior level pharma brand managers. Most recently, he was Executive Vice President Client Services at Healthy Advice Networks, a leading point-of-care ... read more
  • Posted at 5:43 AM
    As drugstore lobbyists descend on Congress to demand higher payments and new restrictions on prescription drug cost cutting, the Pharmaceutical Care Management Association (PCMA) launched a new ad campaign defending the rights of employers, unions, and government programs to reduce wasteful pharmacy spending. The ad says employers think, "it's wrong" for the drugstore lobby "to force businesses to pay more for prescription drugs." "This agenda is promoted by local drugstores, but it raises costs for every other business in town ... read more
  • Posted at 5:40 AM
    Domark International Inc. (OTCBB:DOMK) disclosed today the recent study by Chitka showing that iPads represent 94.64% of all online tablet traffic is seen by management as a big positive for the future of its wholly-owned subsidiary Solawerks’ new “Solapad” product. The revolutionary new Solapad product is ... read more
  • Posted at 5:40 AM
    LAWRENCEVILLE, NJ -- (Marketwire) -- 05/07/12 -- Celsion Corporation (NASDAQ: CLSN), a leading oncology drug development company, announced today that it has signed a long term commercial supply agreement with Zhejiang Hisun Pharmaceutical Co. Ltd. (SSE Code: 600267), a leading pharmaceutical company in China, for the production of ThermoDox®, Celsion's proprietary heat-activated liposomal encapsulation of doxorubicin. Hisun is one the largest manufacturers of chemotherapy agents globally, including doxorubicin, and a leading manufacturer for multinational pharmaceutical companies, through partnerships ... read more
  • Posted at 5:35 AM
    Polycom:   ... read more
  • Posted at 5:33 AM
    Unigene Laboratories, Inc. (OTCBB: UGNE), today announced financial results for the first quarter ended March 31, 2012. First Quarter 2012 Financial Summary Unigene announced that its net loss for the three months ended March 31, 2012 decreased to $6.0 million or $(0.06) per share from $6.6 million or $(0.07) per share for the corresponding period in 2011. Revenue for the three months ended March 31, 2012 decreased to $1.8 million from $2.1 million in the comparable period in 2011. Cash and cash equivalents at ... read more
  • Posted at 5:32 AM
    Iron Mountain Incorporated (NYSE:IRM) announced plans today to install solar panels on the roofs of eight of its document storage facilities in Mass., Conn. and N.J. This is the information management company’s first solar panel installation, but not its last. With nearly 1,000 facilities around the ... read more
  • Posted at 5:32 AM
    Herborium Group, Inc., (PINKS. HBRM), a Botanical Therapeutics® company, reports today, that preliminary 2nd quarter 2012 revenue sustained a record breaking increase of 40% for its first two months, in comparison to the same two months of 2011. This most satisfying sales growth is largely the result of an aggressive Social Media Marketing Strategy introduced by the Company in the fall of 2011. The same marketing efforts brought on 87% increase in the traffic on, a designated ... read more
  • Posted at 5:30 AM
    Boston Scientific Corporation (NYSE: BSX) announces U.S. Food and Drug Administration (FDA) approval and market launch of its INGENIO((TM)) and ADVANTIO((TM)) pacemakers and INVIVE((TM)) cardiac resynchronization therapy pacemakers (CRT-P). The first implant of the INGENIO pacemaker in the U.S. was performed on May 3 by Bruce L. Wilkoff, M.D., Director of Cardiac Pacing and Tachyarrhythmia Devices at the Cleveland Clinic. To access the multi-media press release, click on the following link: (Photo: Pacemakers are designed to treat bradycardia, ... read more
  • Posted at 5:30 AM
    Memoir Systems Inc., the Semiconductor Intellectual Property (SIP) provider that delivers breakthrough embedded memory performance, today announced that Adam Kablanian, company CEO, will be among the speakers at Semico Research’s Impact Conference--Focus on the IP Ecosystem. The event will take ... read more
  • Posted at 5:30 AM
    Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced that Alexander M. Cutler, Eaton chairman and chief executive officer, will participate in the Electrical Products Group Annual Spring Conference in Longboat Key, Fla., on Tuesday, May 22, 2012. Cutler will be making comments at 10:45 a.m. Eastern ... read more