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Monday, May 16, 2011

  • Posted at 5:41 AM
    Computer and Enterprise Investigations Conference (CEIC) -- Passware, Inc., a provider of password recovery, decryption, and electronic evidence discovery software for corporations, law enforcement organizations, government agencies and private investigators, today announced a partnership with Guidance Software, Inc. to expand encrypted evidence discovery and analysis in the upcoming release of EnCase v7. Both companies have joined efforts to introduce a unique comprehensive solution for electronic evidence discovery, decryption, and investigation. "As encrypted electronic evidence becomes more common in computer forensics, it ... read more
  • Posted at 5:36 AM
    On April 28, 2011 the New England Journal of Medicine released highly anticipated one-year results of the ongoing "Comparisons of Age-Related Macular Degeneration Treatments Trials" (CATT). AlphaDetail, Inc., a leader in global ophthalmology primary market research and influence network mapping, has conducted its latest AlphaPulse(TM) survey with 120 Ophthalmologists to gauge their reactions on the heels of this important news. Amy Tsang, a Director at AlphaDetail, explained, "The use of Avastin vs. Lucentis in Wet AMD has been debated among eye care ... read more
  • Posted at 5:35 AM
    Leading media entrepreneur, Robert F.X. Sillerman, today announced the appointment of four accomplished digital media and entertainment veterans at Function(x) Inc. Sillerman, Executive Chairman of Function(x), said, “I am thrilled that Function(x) has been able to attract the quality ... read more
  • Posted at 5:34 AM
    DataCore Software, the industry’s premier provider of storage virtualization software, today announced that it is showcasing its SANsymphony™-V solution at this week’s Microsoft Tech•Ed North America 2011 conference. SANsymphony-V is DataCore’s next-generation storage virtualization software solution that enables IT organizations ... read more
  • Arstasis Launches New AXERA(TM) Access Device in the U.S. --- REDWOOD CITY, Calif., May 16, 2011
    Posted at 5:33 AM
    Arstasis is pleased to announce the U.S. launch of its latest commercial product - the AXERA(TM) Access Device. The AXERA Device enhances insertability into the femoral artery and overall procedural usage while continuing to deliver the clinical benefits of the implant-free Arstaotomy Procedure. Since 1959, physicians have been using the Modified Seldinger Technique for femoral artery access. At the end of every such case, patients are left with a substantial hole in the femoral artery which can command significant ... read more
  • Posted at 5:32 AM
    Thermo Fisher Scientific (NYSE: TMO), the world leader in serving science, today announced that it has successfully completed its tender offer for Dionex Corporation (NASDAQ: DNEX), which expired at 7:00 pm, New York City time, on Friday, May 13, 2011. ... read more
  • Posted at 5:30 AM
    Austro Control GmbH, the Air Navigation Service Provider for Austria, has selected Sensis Corporation to deploy a Wide Area Multilateration (WAM) system across the country. Sensis WAM will provide highly accurate surveillance of Austria's airspace to Austro Control air traffic controllers, enhancing safety of flights by providing coverage of areas previously not covered by radar. The WAM system will also meet future European mandates by supporting Automatic Dependent Surveillance - Broadcast (ADS-B) and providing data validation of ADS-B. The Sensis WAM ... read more
  • Posted at 5:30 AM
    Tii Network Technologies, Inc. (Nasdaq: TIII), a leader in designing, manufacturing and marketing network products for the communications industry, today reported results of operations for the three months ended March 31, 2011. Net sales for the three months ended March 31, 2011 were $14,976,000 compared to $7,743,000 for the comparable prior year period, an increase of $7,233,000 or 93%. The sales growth was primarily due to sales from our Porta Copper Products Division acquired on May 19, 2010, and increased ... read more
  • CoroWare Announces New Consulting Services Orders --- KIRKLAND, Wash., May 16, 2011
    Posted at 5:30 AM
    CoroWare Technologies, a wholly owned subsidiary of CoroWare, Inc. (COWI.OTCBB), today announced that its CoroWare Business Solutions business unit has received new orders for lab management, business consulting, and software development projects totaling over $400,000 over the next 15 months. The new orders represent a mixture of new and repeat customer engagements. A growing portion of CoroWare's new business is in the area of Operational Business Intelligence (OBI) consulting services, which help organizations, manage and optimize their daily business processes. ... read more
  • Posted at 5:30 AM
    Echo Therapeutics, Inc. (OTCBB: ECTE), a company developing the Symphony(TM) tCGM System as a non-invasive, wireless, transdermal continuous glucose monitoring (tCGM) system and the Prelude(TM) SkinPrep System for transdermal drug delivery, today announced that Christopher P. Schnittker, CPA, joined the company as its Chief Financial Officer. Mr. Schnittker is a senior executive with more than twenty years of financial management, reporting and corporate governance experience in the biotechnology and pharmaceutical industries. Mr. Schnittker will report to CEO ... read more
  • Posted at 5:30 AM
    WaferGen Biosystems, Inc. (OTCBB:WGBS), a leading developer of state-of-the-art genomic analysis systems, today reported financial results for the first quarter ended March 31, 2011. "We made considerable progress toward implementing our strategy to expand the applicability and thereby the number of genomic research disciplines that can benefit from the high-throughput and transformative SmartChip Real-Time PCR System in the $10 billion genomics market," said Alnoor Shivji, Chairman and CEO. "We have also added two key industry leaders to the company and ... read more
  • Posted at 5:30 AM
    CharTec, the SMB channel's leading "Hardware as a Service" (HaaS)/sales training provider, and Reflexion Networks, a leader in hosted email services, today announced a partnership to supply email security services to CharTec's network of MSPs and solution providers. (Logo: Reflexion's hosted services include Reflexion Total Control (RTC) for anti-spam and email security, Reflexion Archiving, eDiscovery and Recovery (RADAR) for email archiving, and RTC Encryption for compliance with state and federal privacy and data protection regulations. CharTec partners can easily ... read more
  • Posted at 5:30 AM
    CommVault (NASDAQ: CVLT) (Logo: ) News Facts -- CommVault is announcing key executive appointments to further improve Company sales efficiencies and accelerate revenue growth. -- Ron Miiller, formerly vice president of sales for the Americas and an 11-year CommVault veteran, has been promoted to the newly created role of ... read more
  • Posted at 5:30 AM
    VHGI Holdings, Inc. (OTCQB: VHGI - News) announced today that it has released a letter from its CEO, Douglas P. Martin, to update the shareholders on the current status of the company. Dear Shareholders: As newly appointed CEO of VHGI Holdings, I am pleased to provide you with an update on behalf of our management team. Much has happened over the prior 12 months and I would like to take this opportunity to discuss our vision going forward while also ... read more
  • GSI Group Inc. Settles With SEC --- BEDFORD, Mass., May 16, 2011
    Posted at 5:30 AM
    GSI Group Inc. (NASDAQ: GSIG) (the "Company" or "GSI"), a global leader and supplier of laser-based solutions, precision motion controls and other technologies, and semiconductor systems, today announced the resolution of the previously disclosed investigation by the United States Securities and Exchange Commission (the "SEC") into the historical accounting practices of the Company's Semiconductor Systems segment. The Company has agreed to settle with the SEC, without admitting or denying the findings of the SEC, by consenting to the entry of ... read more
  • diaDexus, Inc. Reports 2011 First Quarter Financial Results --- SOUTH SAN FRANCISCO, Calif., May 16, 2011
    Posted at 5:30 AM
    diaDexus, Inc. (OTC Bulletin Board: DDXS), a diagnostics company focused on the development and commercialization of patent-protected in vitro diagnostic products addressing unmet needs in cardiovascular disease, today announced financial results for the first quarter of 2011. Total revenues for the quarter ended March 31, 2011 were $3.3 million, representing 25% growth over total revenues of $2.7 million for the first quarter of 2010. Net cash used in operating activities for the 2011 first quarter was $1.9 million as compared to ... read more
  • Posted at 5:30 AM
    Avanir Pharmaceuticals, Inc. (NASDAQ: AVNR) today announced that data from a number of clinical research activities will be highlighted at the 164th Annual Meeting of the American Psychiatric Association (APA) taking place in Honolulu, HI, at the Hawaii Convention Center. Following are details about the data presentations: Title: The Safety of Dextromethorphan/Quinidine in Clinical Trial Participants Taking Selective Serotonin Reuptake Inhibitors (SSRIs) Program Number: NR9-65 (Poster Presentation)Presentation Date/Time: Tuesday, May 17, 2011, 10:00-11:30 am HAST Title: Analysis of Time to Onset of Action ... read more
  • Posted at 5:30 AM
    Advanced Cell Technology, Inc. ("ACT"; OTCBB: ACTC), a leader in the field of regenerative medicine, announced today that the Casey Eye Institute (CEI) at Oregon Health & Science University (OHSU) in Portland, Ore., has received institutional review board (IRB) approval to be a site for its Phase 1/2 human clinical trial for Stargardt's Macular Dystrophy (SMD) using retinal pigment epithelial (RPE) cells derived from human embryonic stem cells (hESCs). The Phase 1/2 trial will be prospective, open-label study designed to ... read more
  • VirtualScopics Reports 1st Quarter 2011 Results --- ROCHESTER, N.Y., May 16, 2011
    Posted at 5:30 AM
    VirtualScopics, Inc. (NASDAQ: VSCP), a leading provider of quantitative imaging for clinical trials, today reported revenues for the first quarter of 2011 reached $3,658,977 compared to revenues of $3,071,007 in the first quarter of 2010, a 19% increase. Gross profit for the quarter ended March 31, 2011 was $1,599,740 compared to $1,598,114 during the first quarter of 2010. Earnings before interest, taxes, depreciation and amortization, and excluding stock compensation expense and loss from derivative financial instrument ("Adjusted EBITDA") was $392,942 ... read more
  • Posted at 5:30 AM
    Acme Packet® (NASDAQ: APKT), the leader in session delivery network solutions, today announced the company will participate in the International Avaya Users Group (IAUG) Global Conference 2011 to be held in Las Vegas at Caesars Palace from May 22 – May 26. Acme Packet executives will ... read more