September 2016 - Page 8 of 10

FridaySep 09, 2016 10:03 am

Monaker Group’s (MKGI) NextTrip Platform Destinations in Line with U.S. Travel Trends this Fall

Americans’ travel habits and destinations are changing, as this fall’s trends show a significant increase among alternative destinations such as Cuba and South Africa, according to a recent survey (http://nnw.fm/lNf8N) by leading travel insurance comparison site Squaremouth. The changes are largely due to U.S. tourists’ growing concerns about terrorism, which have led to a major drop in the number of booked trips to Turkey amid the country’s unrest and terror attacks in recent months. The Zika virus, however, does not seem to be a major cause for concern, despite a wave of alerts from the Centers for Disease Control, as…

FridaySep 09, 2016 8:58 am

Kelso Technologies, Inc. (KIQ) Granted U.S. Patent for Pressure Relief Valve

Kelso Technologies, Inc. (NYSE MKT: KIQ), a railway supplier that designs, manufactures, and sells proprietary tank car service equipment used for the safe transport of potentially dangerous materials, recently announced that it has been granted a patent by the United States (#9,234,601 B1) for its Second Dual Preset Pressure Relief Valve (DPRV). The patent was granted on January 12, 2016, and it is expected to play a key role in offering new safety advantages to tank cars facing both accident and non-accident circumstances. In a recent news release, James R. Bond, CEO of Kelso, commented: "Kelso continues to initiate proactive…

FridaySep 09, 2016 8:39 am

Tetra Tech, Inc. (TTEK) Awarded $49 Million Contract by National Oceanic and Atmospheric Administration

Tetra Tech, Inc. (NASDAQ: TTEK), the consulting and engineering services provider, recently announced that it has been awarded a contract to support the Office for Coastal Management’s (OCM) Digital Coast program. The contract is indefinite and worth $49 million. TTEK will be supporting NOAA in managing the U.S.’s coastal resources, along with its Great Lakes. This contract includes all of the coastal states, as well as U.S. territories in American Samoa and the U.S. Virgin Islands. Tetra Tech has been hired for the contract to tackle the grave coastal problems the nation is facing. The rise of sea levels, coastal…

FridaySep 09, 2016 8:17 am

Gopher Protocol, Inc. (GOPH) Mobile Technologies Ushering in New Wave of Tracking Capabilities

Have you ever misplaced something invaluable? Something sentimental? At some point or another, we all face the frustration of losing something we cherish. Fortunately, a visionary tech partnership has a solution. California-based Gopher Protocol (OTCQB: GOPH) develops real-time, self-learning (heuristic) mobile technologies. The company’s patented Integrated Circuit (IC), GopherInsight technology is part of the brawn behind a mobile app designed to track valuables such as electronics or other objects, loved ones or even pets. In collaboration with partner Guardian Patch LLC, Gopher has developed Guardian Patch Location Technology, a stick-on tracking device expected to be on the market in 2017.…

ThursdaySep 08, 2016 10:49 am

OurPet’s Company (OPCO) Announces Third Licensing Agreement Related to Polymer Bonded Patent

Earlier today, OurPet’s Company (OTCQX: OPCO) announced that it has licensed its U.S. patent number 8,973,529 B1 to a major stainless steel pet bowl manufacturer based in India. This agreement marks OPCO’s third licensing deal related to the ‘529 patent since the company announced its intent to license the IP on June 9, 2016. According to this morning’s news release, OPCO is currently in ongoing negotiations with several other manufacturers regarding additional licensing agreements related to the polymer bonded patent, which was originally issued March 10, 2015. Under the terms of the newly-announced, non-exclusive deal, the licensee will now be…

ThursdaySep 08, 2016 9:26 am

Amedisys (AMED) Completes Acquisition of Professional Profiles, Inc.

Leading home health and hospice care provider Amedisys, Inc. (NASDAQ: AMED) has completed the acquisition of Massachusetts home care agency Professional Profiles, Inc., according to a company press release issued late last week. The $4.4 million transaction closed on September 1, 2016. This deal is expected to help Amedisys solidify its presence in the Massachusetts hospice and home care markets following its acquisition of leading Greater Boston-based personal care company Associated Home Care in March of this year. The company’s CEO and president, Paul Kusserow, explained that the transaction will also take Amedisys a lot closer to achieving its long-term…

ThursdaySep 08, 2016 8:45 am

Inventure Foods (SNAK) Boosts Kettle-Cooked Potato Chips Production through Investment in Indiana Plant

On Tuesday September 6, 2016, Inventure Foods, Inc. (NASDAQ: SNAK), a marketer and manufacturer of specialty food brands, made public an expansion of its existing kettle-cooked potato chip manufacturing capability. The company will add four new 300-pound commercial kettles and ancillary potato processing equipment to its Bluffton, Indiana, manufacturing facility. The addition of the four kettles and accessory equipment will increase the plant’s kettle cooking capacity by 50 percent and result in an additional 100,000 pounds of ‘kettle chips’ per week. The additional capacity installed by Inventure Foods was in response to increasing consumer interest in its ‘better-for-you’ line of…

WednesdaySep 07, 2016 9:26 am

ArcBest Corporation (ARCB) Purchases Logistics & Distribution Services, LLC for $25 Million

ABF Logistics, an ArcBest Company (NASDAQ: ARCB), recently announced the acquisition of Logistics & Distribution Services, LLC (LDS) for $25 million. ArcBest is in the business of solving complex logistical and transportation problems. LDS is a Nevada-based private logistics and distribution company made up of around 30 employees. Founded in 2001, LDS has a second location in Pennsylvania and offers dedicated trucking operations across the U.S. In a news release announcing the acquisition, Jim Ingram, president of ABF Logistics, stated, "This acquisition complements our business nicely by adding to our existing services, specifically in deploying dedicated capacity, which will increase…

WednesdaySep 07, 2016 8:52 am

Stratasys (SSYS) PolyJet 3D Printing Platform Forms Basis for Launch of Promolding’s Printed Injection Molding Division

Stratasys Ltd. (NASDAQ: SSYS), a world leader in 3D printing, announced on Friday, September 2, 2016, that Promolding, a Netherlands-based global design, engineering and manufacturing firm, will be introducing a 3D PRinted Injection Molding Division (PRIM) employing the company’s PolyJet 3D printing solutions. This approach to the production of molds is expected to reduce injection mold lead-times for Promolding customers by 93 percent. In the news release, Jeroen Gross, product development manager at Promolding, explained why his company chose Stratasys’ printing solutions: “We became increasingly aware of the need for a 3D printer that would help us optimize our product…

WednesdaySep 07, 2016 8:24 am

OBI Pharma, Inc. to Present its Flagship Immunotherapy at Annual European Society for Medical Oncology Meeting

OBI Pharma, Inc., a Taiwan biotech developing therapeutic agents and next-gen active immunotherapies for a range of unmet medical needs and indications, is scheduled to host an industry-sponsored satellite symposium at the 2016 European Society for Medical Oncology (ESMO) Annual Meeting taking place in Copenhagen, Denmark, next month. The symposium, titled "Novel Approaches to Active Immunotherapy in Oncology – Targeting Globo Series with Adagloxad Simolenin," will review data on targeting Globo Series antigens in metastatic breast cancer and other cancers with OBI Pharma’s investigational active immunotherapy, Adagloxad Simolenin (formerly OBI-822), and will examine the future of active immunotherapy in oncology.…

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Month: September 2016