NetworkNewsBreaks Archive - Page 1829 of 1833

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.…

ThursdaySep 29, 2016 1:09 pm

SinglePoint, Inc. (SING) Actively Advancing M&A Strategy

SinglePoint, Inc. (OTC: SING) is a full-service mobile technology and marketing provider executing its strategy to become a fully reporting corporation and uplist to the OTCQB® Venture Market Place. As recently announced, this achievement will position the company with better financing options, greater liquidity and investor awareness. The move also correlates with SinglePoint’s M&A strategy. The company recently entered into the daily fantasy sports (DFS) industry with minority acquisitions in two major DFS companies: GoDraft and DraftFury. One of the fastest growing industries at the moment, the DFS market brings together millions of people spending an average of $550+ every…

ThursdaySep 29, 2016 1:05 pm

eXp World Holding, Inc.’s (EXPI) Cloud-based Office Environment Sharpens Competitive Edge

eXp World Holdings, Inc. (OTCQB: EXPI) is a prime example of how technology is playing an increasingly vital role in the competitive real estate industry. eXp Realty, the company’s real estate division, is a fully agent-owned cloud brokerage using technology to maintain a competitive charge. At the beginning of 2016, 43% of real estate agencies said they expected competition from non-traditional firms, and a survey by the National Association of Realtors (NAR) (http://nnw.fm/j29lB) found that 46% of agencies believe the competition from virtual firms is increasing, compared to 17% of agencies expecting competition from brick and mortar firms. Leveraging the…

ThursdaySep 29, 2016 1:03 pm

Cellectar Biosciences (CLRB) Reports Positive Data from Phase 1 Orphan Drug Study, Moves to Dose Escalation

Oncology-focused biotech Cellectar Biosciences (NASDAQ: CLRB) reports an “outstanding safety profile” from the second cohort of patients enrolled in its orphan-drug designated phase I study of CLR 131 in patients with relapsed or refractory multiple myeloma. Based on these positive results, the study’s Data Monitoring Committee approved patient enrollment to the third cohort, which will include a 33% dose increase from the previous cohort. In the multi-center, open label phase I dose escalation study, CLR 131 is administered as a single dose, 30-minute infusion. The primary study objective is to characterize the safety and tolerability of CLR 131 in patients…

WednesdaySep 28, 2016 1:37 pm

Staffing 360 Solutions, Inc. (STAF) Reaffirms Fiscal Q1 Revenue, announces Record Adjusted EBITDA

Staffing 360 Solutions (NASDAQ: STAF) this morning reported its unaudited financial results for the fiscal Q1 ended August 31, 2016, including record revenue and adjusted EBITDA levels. For fiscal Q1 2017, the company expects revenue of $47 million, a 30% increase over $36 million in Q1 2016; gross profit of $8.4 million, a 33% increase over $6.3 million in Q1 2016; net loss of $1.3 million, a 23% improvement compared to $1.7 million in Q1 2016; and adjusted EBITDA of $1.7 million, a 180% increase over $0.6 million in Q1 2016. Staffing 360 expects to announce its financial results for…

Financial news and publishing for public and private companies

Contact us: 212.418.1217

NetworkNewsBreaks