NetworkNewsBreaks Archive - Page 1155 of 1159

MondayOct 03, 2016 12:51 pm

xG Technology, Inc. (XGTI) Wins $3M Prototype Award in Partnership with Southwest Research Institute®

xG Technology (NASDAQ: XGTI, XGTIW), together with partner Southwest Research Institute® ("SwRI®"), said it has received a $3.0 million award issued by the Defense Information Systems Agency (“DISA”) for Prototype Spectrum Sharing Systems for the 2025-2110 MHz Band. xG Technology, a developer of wireless communications and spectrum sharing technologies, will leverage its expertise in spectrum sharing and interference mitigation to perform a “significant portion of the project.” The award “represents a significant milestone in the application of xG's highly unique core technology to Government efforts to permit spectrum sharing between certain government and commercial applications.” The overall mission is to develop…

MondayOct 03, 2016 12:49 pm

FTE Networks, Inc. (FTNW) Guides for $55M in Revenues on Strong Project Pipeline

FTE Networks (OTCQX: FTNW) this morning provided 12-month revenue guidance and pegged its current contract pipeline at approximately $166 million. The network infrastructure solutions provider said it expects the contracted projects – awarded during the first nine months of 2016 - to generate in excess of $55 million in annualized revenue from 2017 to 2019. "We will continue to see a ramp up in revenues as we head into 2017 and beyond as our new management team works on a number of new higher margin initiatives such as Compute-to-the-Edge which is the next wave of telecom. We are currently engaged…

MondayOct 03, 2016 12:47 pm

Agora Holdings, Inc. (AGHI) FRAME Platform Accelerates Social Media for Business

Social media has become an indispensable tool for corporate communications, enabling companies to interact with existing and potential customers and clients, investors and new markets with exponential speed. Agora Holdings, Inc.’s (OTC: AGHI) FRAME social media management software accelerates the possibilities of social media for business use. Its platform has been optimized to give companies a single dashboard that publishes all messages relevant to an organization’s corporate social media accounts. FRAME also offers features to enhance customer care and engagement. With FRAME, businesses can measure the direct success of their social media campaigns while gaining insight into relevant social media…

MondayOct 03, 2016 11:05 am

Health Advance, Inc. (HADV) to acquire Web Domain DiscountSeniorSupply.com

Health Advance (OTC: HADV) has signed a definitive agreement to acquire web domain www.discountseniorsupply.com and license the interspire e-commerce shopping cart and supplier relationships, as well as a team in India that would manage the e-commerce web business and provide customer support along with marketing reports and updates. Per the agreement, Health Advance will issue 400,000 shares of its common stock and a one-time cash payment of $10,000 representing the total purchase price of DiscountSeniorSupply. The acquisition is expected to close on or before October 31, 2016. To view the full press release, visit: http://nnw.fm/6XtB1 About Health Advance, Inc. Health Advance…

FridaySep 30, 2016 12:49 pm

Ballard Power Systems (BLDP) Deploys Largest Installment of Fuel Cell Buses in China’s History

Ballard Power Systems (NASDAQ: BLDP) today announced the commissioning and deployment of 12 fuel cell-powered buses in the District of Sanshui, in the City of Foshan, in the Province of Guangdong, China. These initial buses will be operated by Foshan Sanshui Guohong Public Transit Co. Ltd. "In September 2015 we announced the planned deployment of 300 fuel cell-powered buses in Foshan/Yunfu. Our program consortium has made considerable progress over the past year, including localization of Ballard-designed fuel cell engines, establishment of a fuel cell bus manufacturing facility, local procurement activities, development of systems integration capabilities, national permitting of a fuel…

FridaySep 30, 2016 12:47 pm

Amyris, Inc. (AMRS) Strengthens Stance in Global Nutraceuticals Market with Collaboration, Partner Funding of $30M

Amyris (NASDAQ: AMRS), an industrial bioscience company, this morning reported that it has expanded its previously announced partnership with a global nutraceuticals market leader in a deal that extends Amyris’ expected revenue and includes the addition of a new nutraceutical target, a credit line of up to $25 million with a five-year maturity, and an option for a $5-million strategic investment from one of the world’s leading nutraceuticals manufacturers. As part of the initial agreement, Amyris has already started large shipments of farnesene; the partner is nearing completion of a dedicated manufacturing facility to convert Amyris’ farnesene and expand volume…

FridaySep 30, 2016 12:46 pm

OurPet’s Company (OPCO) Progressively Gaining Ground in Pet Specialty Market

OurPet's Company (OTCQX: OPCO) develops, produces and markets various pet accessory and consumable products sold globally through pet specialty retailers, food, drug and mass chains, e-commerce and international channels. The company's products are marketed under a the OurPets®, Pet Zone® and PetTastic® brands with well-known sub-brands such as Play-N-Squeak™, Cosmic Catnip™, Durapet, SmartScoop and Flappy. The company earlier this month licensed its Patent No. US 8,973,529 B1 to a major stainless steel pet bowl manufacturer based in India. Under the non-exclusive agreement, the new licensee will pay a royalty to OurPet's for each stainless steel bowl sold in the United…

FridaySep 30, 2016 12:43 pm

Active Power (ACPW) Signs Asset Purchase Agreement with Langley Holdings PLC

Active Power (NASDAQ: ACPW) has signed an Asset Purchase Agreement (APA) with Langley Holdings PLC in which Langley will acquire the assets and operations of the flywheel energy storage products and modular infrastructure solutions (MIS) manufacturer. Langley is a UK-based, privately owned engineering and industrial group with principal operating divisions located in Germany and France and more than 80 subsidiaries worldwide. The addition of Active Power’s flywheel UPS technology to its portfolio is expected to strengthen Langley’s market position and create more compelling alternatives to traditional UPS offerings for mission critical applications.” Langley says it plans to keep Active Power’s…

FridaySep 30, 2016 12:41 pm

Moxian, Inc. (MOXC) Strategies Create Precision Marketing Opportunities

Shenzhen, China-based Moxian, Inc. (OTCQB: MOXC) provides social marketing and promotion platforms designed to help merchants accelerate and advertise their business growth via social media. With a particular focus on Asian markets, Moxian offers two primary core products: Moxian+ User App and Moxian+ Business App. Leveraging big data and social media strategies, the company’s solutions encourage regular interactions between merchants and consumers. Its technology also monitors and tracks user activities and behavior on the platform to provide merchants precision marketing capabilities. For more on the story, visit: http://nnw.fm/2w1dB About Moxian Moxian engages in the business of providing social marketing and…

ThursdaySep 29, 2016 1:11 pm

iGambit, Inc. (IGMB) Actively Advancing M&A Strategy

iGambit (OTCQB: IGMB) is a diversified holding company primarily focused on the acquisition of early-stage technology firms with strong growth potential. One of iGambit’s most recent acquisitions is ArcMail, a provider of simple, secure and cost-effective email and enterprise archiving and management solutions. Since being acquired by iGambit, ArcMail Technology has been named one of CIOReview’s “20 Most Promising Enterprise Security Companies” of 2016, which is an annual list showcasing the most promising Enterprise Security Companies. In addition to this, the subsidiary was selected as one of the 50 most innovative companies to watch in 2016 by The Silicon Review.…

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