The Pittsburgh Life Sciences Greenhouse (PLSG), the organization providing capital investments and customized company formation and business growth programs to the region's life sciences enterprises, issued this statement through its President and Chief Executive Officer, John W. Manzetti announcing the first close of the PLSG Accelerator Fund, LLC (Accelerator Fund) at $5 million.
The Accelerator Fund is being managed by the PLSG to make venture investments in life sciences companies located in western Pennsylvania. The Fund is targeting total capital commitments ... read more
Corporation (NASDAQ: LOCM), a leading local search site and network,
today reported preliminary fourth quarter and full year 2010 financial
The company previously provided fourth quarter 2010 revenue guidance
between $22.0 ... read more
FREMONT, CA -- (Marketwire) -- 01/07/11 -- Mattson Technology, Inc. (NASDAQ: MTSN), a leading supplier of advanced process equipment used to manufacture semiconductors, today announced that David L. Dutton, the company's president and chief executive officer, and Andrew Moring, chief financial officer, are scheduled to present to the investment community at the 13th Annual Needham Growth Conference.
The 13th Annual Needham Growth Conference will take place at the New York Palace Hotel in New York January 11-13, 2011. Mattson ... read more
Corporation (NASDAQ: LOCM), a leading local search site and network,
today announced the acquisition of iTwango L.L.C., a technology platform
that enables group-buying of discounted daily deals by consumers from
... read more
ATX Group has announced it will provide turnkey network solutions to Hyundai Motor America as the telematics services developer and integrator for its new Blue Link® connected vehicle program utilizing cellular service from Aeris® Communications, Inc., a leading cellular carrier to the connected vehicle marketplace in North America.
Hyundai announced the Blue Link telematics program Tuesday in a prelude to the 2011 International CES in Las Vegas. Blue Link will launch on all future Hyundai models ... read more
Despite recent economic reports that show jobless claims down for several consecutive weeks, employees reveal mixed feelings about what is in store at their employer, for the overall job market and their pay check in the year ahead. According to the Q4 Glassdoor.com® Employment Confidence Survey of 2,118 U.S. adults aged 18+ conducted on its behalf by Harris Interactive®(1), employees are more confident in their job security and company's outlook in the next six months than they were in the ... read more
The U.S. Transportation Security Administration (TSA) is investigating allegations that, Activair, an air cargo company failed to screen cargo for explosives carried on international passenger flights over the last eight months. Activair is a division of OHL International, a third party logistics company located in Tennessee. Based upon preliminary findings, the TSA ordered Activair's Indianapolis facility to stop handling air cargo at this time. The TSA also sent agents to Activair's Chicago, Seattle and New York facilities. In response, OHL ... read more
See video from The US European Media Hub, US Department of State at:
Secretary Napolitano talks about the importance of supply chain and cargo security. She also describes the strong transatlantic security cooperation in today's terrorism environment and the increasing number of women in global security roles. The Department of Homeland Security for the U.S (DHS) announced its partnership with the World Customs Organisation (WCO) to strengthen the security and resiliency of the global supply chain. The move follows a ... read more
ADVENTRX Pharmaceuticals, Inc. (NYSE Amex: ANX) today announced that it has signed a term sheet to acquire a private company that holds certain rights and know-how to poloxamer-based therapeutics. The term sheet is non-binding on both ADVENTRX and the target company.
About the Potential Transaction
Current discussions with the target company contemplate an all-stock acquisition by merger. Other than an upfront issuance of approximately 19% of ADVENTRX's currently outstanding common stock (of which only 6.5% would be fully-vested upon issuance and ... read more
See video from NATO TV at: http://www.thenewsmarket.com/Releases/StoryDetailPage.aspx?GUID=b58b7f67-c5b9-4653-8e24-15f0b2ba47b9&lr=ls
Out of all the ISAF nations in Afghanistan, Denmark have the highest ratio of casualties to soldiers deployed - is their sacrifice yielding any progress in Gereshk?
thenewsmarket.com delivers free broadcast- and streaming-quality video and multimedia content directly to media around the world, 24/7. More than 25,000 media outlets in 190+ countries use thenewsmarket.com, including the AP, BBC, CNBC, CNN, France 24, N24, nytimes.com, RAI, TVE, ZDF and a lot more.
Registered journalists ... read more
Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported record results for the third quarter and nine months ended November 30, 2010.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080418/CSILOGO )
Third quarter revenues rose 5.2% to $40.2 million in fiscal 2011 compared with $38.2 million in the third quarter of fiscal 2010. Net income rose 17.7% to $5.7 million, and net income per diluted share increased 21.9% to $0.39 compared with the prior year's third quarter.
"CSI's third quarter of this fiscal year represented our 27th ... read more
ATX Group (ATX), a leading provider of customized connected vehicle (or telematics) services to global automobile manufacturers, and TeleCommunication Systems, Inc. (TCS) (Nasdaq: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced a partnership to provide turnkey network solutions to Hyundai Motor America's new Blue Link® telematics program utilizing turn-by-turn navigation from TCS.
TCS' advanced navigation platform and integration services team worked closely with ATX and Hyundai Motor America (Hyundai) to deliver a ... read more
Shield Holdings AG
(Shield), the independent specialty pharmaceutical company focused on the
development and commercialisation of late-stage hospital pharmaceuticals,
today announces that Carl Sterritt, Chief Executive Officer, will present at
the Biotech Showcase Conference on Wednesday 12 January, 2011 at 14:30 PST/
22:30 GMT at the Parc 55 Wyndham Union Square Hotel in San Francisco,
About the Biotech Showcase(TM) (Innovation - Opportunity - Collaboration)
Now in its third year, Biotech Showcase(TM) will feature corporate
presentations by 195 innovative life science ... read more
Hologic, Inc. (Hologic or the Company) (Nasdaq: HOLX), a leading developer, manufacturer and supplier of premium diagnostics, medical imaging systems and surgical products dedicated to serving the healthcare needs of women, announced today it has acquired Interlace Medical, Inc. (Interlace), the developer and manufacturer of the MyoSure hysteroscopic tissue removal system (MyoSure). Interlace's operations will be integrated within Hologic's GYN Surgical Products division.
"The acquisition of Interlace is consistent with our strategy to strengthen our leadership position in women's healthcare," said ... read more
ADVENTRX Pharmaceuticals, Inc. (NYSE Amex: ANX) announced today that it has entered into definitive agreements to sell 8,184,556 units in a registered direct offering to RA Capital Management, certain healthcare-focused investors, and other institutional investors for a per unit purchase price of $2.75, representing gross proceeds to ADVENTRX of approximately $22.5 million. Each unit consists of one share of common stock, a Series A warrant and a Series B warrant. ADVENTRX plans to use the net proceeds from the ... read more
Rentrak Corporation (Nasdaq: RENT), the leader in multi-screen media measurement serving the advertising, television and entertainment industries, today announced the executive appointment of Brad Nimmons as a Director of Client Services. Nimmons will be responsible for day-to-day management of key client relationships in the eastern United States.
With more than 20 years of television and digital media experience, Nimmons most recently served as Director of Research for Rentrak client, Media General, where he oversaw 18 Media General television stations, over ... read more
ScanSource, Inc. (NASDAQ: SCSC), the leading value-added distributor of
AIDC (automatic identification and data capture), point of sale,
communications and physical security products for the reseller market,
today announced that sales results for its quarter ended December 31,
2010 are expected to be in the range ... read more
National Technical Systems, Inc. (Nasdaq: NTSC) (NTS), a leading provider of engineering services, announced today that it has been qualified by the ZigBee Alliance to begin offering testing of the ZigBee Remote Control public application profile. In addition, NTS is also releasing a ZigBee RF4CE test harness product - RCTest - designed to simplify and expedite ZigBee RF4CE development, debugging and certification.
ZigBee RF4CE is a 2.4GHz ZigBee protocol that replaces infrared in consumer electronics such as TV, remote controls, DVD ... read more
Alpha Networks, Inc. (TAIEX: 3380), a global leader in the networking and multimedia DMS industry, is showcasing a series of Smart TV, application based, peripheral products at the 2011 International CES, the world's largest consumer technology tradeshow. These products aim to create a multimedia application platform, which combines home entertainment, home communications, home monitoring and home storage to allow families to experience a whole new generation of technology.
Alpha Networks is ready to provide the most updated technology of ... read more
See video from Kia Motors Corporation at: http://www.thenewsmarket.com/Releases/StoryDetailPage.aspx?GUID=6d776fb6-9044-4f3d-b436-397ae9168cb0&lr=ls
Kia Motors Corporation announced its global sales figures for passenger cars (export sales, domestic sales and sales from overseas plants), recreational vehicles (RVs) and commercial vehicles for 2010 reached an all-time high of 2,089,355 units sold, cementing Kia's position as one of the world's fasting growing automakers.
This figure represents an annual year-on-year increase of 26.5% and marks the first time in the company's history that it has eclipsed the 2 million unit ... read more