Breaks Categories: News

ThursdayAug 17, 2017 2:05 pm

NetworkNewsBreaks – Roka Bioscience, Inc. (NASDAQ: ROKA) Enters Agreement to Sell its Assets to Subsidiary of Institute for Environmental Health, Inc.

Roka Bioscience (NASDAQ: ROKA) said today that it has entered into an asset purchase agreement with Rokabio, Inc. for the sale of the assets of Roka Bioscience in an all-cash transaction for a total purchase price of $17.5 million, subject to certain adjustments set forth in the asset purchase agreement. Rokabio is a newly formed, wholly owned subsidiary of Institute for Environmental Health, Inc. (IEH). Closing conditions for the transaction include the consent of Roka Bioscience's lender and approval by the stockholders, as well as a $2.5 million milestone payment by Roka Bioscience pursuant to its license agreement. "This transaction…

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ThursdayAug 17, 2017 2:05 pm

NetworkNewsBreaks – Windstream (NASDAQ: WIN) Executes First SD-WAN Agreement with BCN Telecom

Windstream (NASDAQ: WIN) this morning said that BCN Telecom will be adding Windstream Wholesale’s Software Defined Wide Area Network (SD-WAN) solution to its nationwide product suite and extending the service to its entire network of agents. This marks the first Windstream Wholesale reseller partner to execute an SD-WAN agreement, which was launched earlier this year. “I am thrilled that BCN has embraced Windstream Wholesale’s SD-WAN as a strategic addition to their business solutions portfolio,” Windstream Wholesale VP of the reseller partner program Melissa Cook stated in the news release. Shares of Windstream are down 2.9% in late morning trade. To…

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ThursdayAug 17, 2017 9:47 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) On Track to Exceed Fiscal Forecasts for 2017

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that, based on earlier reported filed financial statements, it is on track to exceed its fiscal projections for 2017. “We remain steadfast in our efforts to build real value in our Company,” Gary Blum, chief executive officer of PotNetwork, stated in the news release. “The level of acceptance we are experiencing can only be surpassed by our short and long-term vision for growth. As we continue to accelerate in sales performance, we embrace the opportunity to create a real and tangible success which we expect would ultimately be reflected in shareholder value.”…

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ThursdayAug 17, 2017 9:07 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Launches Payment Acceptance Module for Four Popular Instant Messenger Apps

Global financial technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) this morning announced that its PayOnline subsidiary has launched a payment acceptance module for four popular instant messenger applications: Telegram, Viber, Facebook and VK. Made possible through a collaboration with Botmother, PayOnline’s Instant Payments Module is designed to help the company access a rapidly growing market of instant messaging users. “Chat-bots can be created for different purposes: to reduce the cost of customer support, improve corporate image or to increase sales… We are glad that our colleagues at PayOnline decided to offer their customers such a service using…

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WednesdayAug 16, 2017 12:45 pm

NetworkNewsBreaks – ORHub, Inc. (ORHB) Launches Orthopedic Service Lines

Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) today announced the launch of its new orthopedic service lines for total joint replacement, as well as the adoption of the modules by its existing customers. “We are thrilled that our customers have adopted every product we have released, affirming the effectiveness of our efforts and capabilities of our platform,” Wesley Mitchell, chief technology officer of ORHub, stated in the news release. “Additionally, we have hit a vital corporate milestone as we now have a hospital customer -- one in the Top 5 in the nation for orthopedics -- running entirely on…

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WednesdayAug 16, 2017 12:06 pm

NetworkNewsBreaks – Interpace Diagnostics Group, Inc. (NASDAQ: IDXG) Shares Soar on New Coverage of ThyraMIR® Test by Oxford Health Plans

Shares of Interpace Diagnostics Group (NASDAQ: IDXG) are 29.5% higher mid-day, moving on volume of 24.2 million, after the company this morning said that its ThyraMIR® test for indeterminate thyroid nodules will now be covered by Oxford Health Plans, effective August 1, 2017. Oxford Health Plans is a UnitedHealthcare company that offers health care benefits to employers and individuals predominantly in the heavily populated tri-state region of New York, New Jersey, and Connecticut. The addition of Oxford’s members brings the total lives covered to 250 million nationwide. “We are pleased that Oxford has joined the growing list of health plans…

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WednesdayAug 16, 2017 9:46 am

NetworkNewsBreaks – Algae Dynamics Corp. (ADYNF) Announces Entry into Letter of Intent with Licensed Cannabis Producer Bonify

Algae Dynamics Corp. (OTCQB: ADYNF), a company focused on the development of unique health products and pharmaceuticals utilizing cannabis and algae oils, this morning announced its entry into a letter of intent with 6779264 Manitoba Ltd dba Bonify, a licensed producer with the capability to grow multiple strains of cannabis in its state-of-the-art 320,000 square foot facility. Under the terms of the agreement, Bonify has agreed to supply raw cannabis plant material to ADYNF for processing into cannabis oil for sale and for use in research. “We believe this Letter of Intent gives us an improved pathway to early revenues…

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TuesdayAug 15, 2017 2:10 pm

NetworkNewsBreaks – Helios and Matheson Analytics, Inc. (NASDAQ: HMNY) Enters Agreement to Acquire Majority Stake in MoviePass™

Helios and Matheson Analytics (NASDAQ: HMNY) shares are up 5% mid-day on news that the company has entered into a definitive agreement to acquire a majority stake of movie subscription technology company MoviePass Inc. MoviePass is available in over 91% of all theaters in the U.S., and the app permits subscribers to see unlimited movies in theaters for a fee of $9.95 monthly. The closing of the transaction is subject to the company completing an equity or equity-linked financing transaction with gross proceeds of at least $10 million, among other material conditions. “With our big data and artificial intelligence platforms…

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TuesdayAug 15, 2017 9:50 am

NetworkNewsBreaks – AppSwarm, Inc. (SWRM) Acquires Multiplatform Games Developer MediaPlay

Technology development and incubation acceleration company AppSwarm, Inc. (OTC: SWRM) this morning announced its acquisition of MediaPlay, a multiplatform game developer and publisher with a special focus on the creation of free-to-play mobile games. MediaPlay features a core team that’s made up of industry veterans who have worked in executive positions with some of the largest gaming companies in the world. “We are excited to work together with MediaPlay,” Ronald Brewer, CEO of AppSwarm, stated in the news release. “With a keen focus on nurtured relationships, international contacts, and proven ability to execute major corporate development and publishing agreements, we…

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TuesdayAug 15, 2017 9:21 am

NetworkNewsBreaks – HighCom Global Security, Inc. (HCGS) Advances Restructuring Plan with New CEO and Board of Directors

Leading security solutions provider HighCom Global Security, Inc. (OTC: HCGS), as part of its corporate restructuring effort, this morning introduced Craig B. Campbell as its new chief executive officer. The company also announced the reorganization of its HighCom Security, Inc. subsidiary and the formation of a new board of directors in conjunction with its official name change, originally reported on August 4, 2017. Moving forward, HighCom Security, Inc. will be divided into two entities: HighCom Armor Solutions, Inc., which will service the global personal protective equipment market, and BlastGard Technologies, Inc., which will house the company’s patented BlastWrap blast mitigation…

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