NewsRoom Articles - Page 689 of 692

WednesdayJul 27, 2016 3:57 pm

Inventergy Global, Inc. (INVT) Secures $3 Million Private Placement

In a recent news release, Inventergy Global, Inc. (NASDAQ: INVT) announced its entry into a definitive agreement with institutional investors for the private placement of shares of its Series E convertible preferred stock and warrants to purchase shares of common stock. Gross proceeds from this placement total $3 million. Of this, Inventergy plans to use $2.5 million to redeem roughly 70 percent of existing shares of Series C convertible preferred stock, with the remaining net proceeds serving as working capital. The Series E preferred stock to be issued as part of this placement will include a cash dividend of five…

WednesdayJul 27, 2016 1:13 pm

Fuel Tech (FTEK) Awarded Multiple Air Pollution Control Contracts Valued at $2.3 Million

Fuel Tech, Inc. (NASDAQ: FTEK), an advanced engineering company involved in the development, commercialization, and application of innovative technologies, recently announced receiving various air pollution control (APC) contracts valued at approximately $2.3 million (http://nnw.fm/x74B4). The company, which enables its customers to produce both energy and processed materials in a more environmentally-friendly way, is set to start the new contracts in China, the Middle East, and the U.S. The projects in question are already underway and should be completed by mid-2017. Vincent J. Arnone, president and chief executive officer, had this to say: “We are excited to announce this SNCR order…

TuesdayJul 26, 2016 3:08 pm

Sunworks (SUNW) Rapid Rack Division Named Favorite Racking System by Boviet Solar USA

Boviet Solar USA has officially announced Sunworks, Inc. (NASDAQ: SUNW) as its preferred racking solution for its solar panels. Sunworks is one of the leading providers of solar power solutions and equipment. With this in mind, the companies plan to collaborate on two upcoming Boviet projects in North Carolina. Eric Ma, president and managing director of Boviet Solar USA, described the Rapid Rack mounting system as the perfect solution to complement Boviet’s high-efficiency solar modules. Boviet Solar USA is one of the world leaders in advanced materials and ranks among the best manufacturers working with advanced PERC technology. Eric Ma…

TuesdayJul 26, 2016 2:56 pm

eXp World Holdings, Inc. (EXPI) Adds Two New Members to Board of Directors

Earlier today, eXp World Holdings, Inc. (OTCQB: EXPI) announced the addition of Rick Miller and Randall Miles to its Board of Directors. Glenn Sanford, chief executive officer of EXPI, described the move as a “significant point for the Company and for its shareholders.” In addition to bringing years of experience at the highest levels of leadership and deep and diverse expertise spanning a variety of industries, Miller and Miles offer “greater independence to [the Board’s] composition as the Company progresses, both within the public financial markets and as a rapidly-growing organization,” according to Sanford. Rick Miller brings more than 25…

MondayJul 25, 2016 2:02 pm

Momentous Entertainment Group, Inc. (MMEG) Announces Content Distribution Agreement with Poolworks Germany LTD

Before the opening bell, Momentous Entertainment Group, Inc. (OTC: MMEG) announced entry into a binding agreement with Poolworks Germany LTD, one of the largest social media firms in Germany, through which Momentous will provide Hollywood quality film and television content to an audience of more than 10 million subscribers. According to the terms of this agreement, Momentous will deliver its content to Poolworks’ leading social media platforms, StudiVZ and MeinVZ. From there, the content will be deployed to audiences through the use of a full over-the-top (OTT) streaming solution. The company’s programming will be available to the platforms’ users on…

MondayJul 25, 2016 1:59 pm

Broadwind Energy, Inc. (BWEN) Secures $15 Million in New Wind Turbine Tower Orders

Broadwind Energy, Inc. (NASDAQ: BWEN) recently announced the reception of $15 million in new wind turbine tower orders. The contract is expected to be completed in the fourth quarter of this year. The company plans to produce these towers in its Manitowoc, Wisconsin, facility ahead of scheduled delivery in 2017. “We are pleased to be awarded this order for 2017 production,” Stephanie Kushner, president and chief executive officer of Broadwind, stated in a news release. “There is a lot of positive momentum occurring within our Towers business as we continue to benefit from the strong wind market dynamics in the…

FridayJul 22, 2016 12:47 pm

Bovie Medical (BVX) says Hologic to Market J-Plasma in the U.S.

On July 21, 2016, Bovie Medical (NYSEMKT: BVX) announced (http://nnw.fm/WWw3V) the signing of a sales channel partnership agreement, which takes immediate effect, with Hologic (NASDAQ: HOLX). In announcing the agreement, Bovie Medical’s CEO, Robert L. Gershon, affirmed: “We are proud to partner with a Company of Hologic’s caliber. This agreement is an important milestone in our strategy to scale J-Plasma® through select sales channel partnerships across multiple specialties that represent large addressable market opportunities.” J-Plasma® will initially be added to Hologic’s world-class portfolio of healthcare solutions in gynecological and gynecological/oncological surgery in three U.S. regions. The agreement, which is for…

FridayJul 22, 2016 12:35 pm

Organovo (ONVO) signs First Customer Orders for Access Program as it prepares to take Kidney Tissue to Market

On July 20, 2016, Organovo Holdings, Inc. (NYSEMKT: ONVO) (“Organovo”), a biotech company that employs three-dimensional (3D) printing technology to produce tissue (bio-printing), announced that it is on track to commercialize its second tissue, the kidney proximal tubule, by the end of the third quarter 2016. The company has begun a number of pre-commercialization activities, one of which is an early access program for preferred partners, and has received the first customer orders under that program. A number of other biopharmaceutical companies have expressed interest in the early access program. “The power and versatility of our technology platform allows us…

ThursdayJul 21, 2016 1:31 pm

WRIT Media Group, Inc. (WRIT) Secures Capital through New Funding Round

Before the opening bell, WRIT Media Group, Inc. (OTCQB: WRIT) took a significant step toward the completion of the final phase of development for its proprietary CrypStock digital trading platform when it announced securement of an additional $100,000 in capital through a new funding round. The financing comes as the result of a co-investment by one of the company’s existing investors and a private equity firm. WRIT intends to allocate this capital to the completion of its SEC filings, as well as the payment of expenses associated with the recent acquisition of Pandora Venture Capital and Pelecoin digital currency. “This…

ThursdayJul 21, 2016 1:10 pm

Energy Recovery, Inc. (ERII) $11 Million IsoBoost™ Deal Demonstrates Prowess/Potential of Rising Gas Processing Star

In the past decade alone, the energy sector has seen a decided shift toward wringing out every last drop of energy from the logistics of production, a process spurred on by global cries to reduce harmful emissions, as well as more immediate industry goals such as enhanced profitability, output, and overall efficiency. At the forefront of this push are a variety of players, each bringing different advantages to the market via innovative systems that could collectively help to transform the entire energy equation and put us on a path to a much brighter tomorrow. One such entity is award-winning pump…

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