Featured FinancialWire™ News
September 8, 2010
Security & Defense: Mikros Systems Receives $2.9 Million Order
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Mikros Systems Corp. (OTCBB: MKRS) said it has been awarded a new production order from the U.S. Navy to build additional Adaptive Diagnostic Electronic Portable Testset (ADEPT) equipment for deployment on U.S. Aegis Cruisers and Destroyers, as well as the Navy's [...continued]
Biotech Financings: Dyadic Raises Another $1 Million
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Dyadic International, Inc. (OTC: DYAI), a biotechnology company, said it has received an additional $1 million to complete a private placement of convertible subordinated secured promissory notes that has provided Dyadic with total gross proceeds of $4 million.
According to the company, [...continued]
Canada In-Focus: MacNeill Named Oilsands Quest Acting CEO
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — The board of directors of Oilsands Quest Inc. (AMEX: BQI) said that it has named Brian MacNeill as acting CEO of Oilsands Quest, replacing T. Murray Wilson. MacNeill will serve as CEO, directing day-to-day operations through a period in which the [...continued]
Drug Delivery: Generex Inks Mexico Deal With Merk
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Generex Biotechnology Corp. (NASDAQ: GNBT), a firm offering technologies for drug delivery for metabolic diseases through the inner lining of the mouth, said that it has entered into a long-term marketing and distribution agreement with Merck, S.A. de C.V. in Mexico [...continued]
IT Management Companies: Radcom To Pay Back Plenus Debt
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Radcom Ltd. (NASDAQ: RDCM), a network service assurance provider, said that it has repaid the remainder of its outstanding debt to the Plenus Venture Lending Fund, seven months in advance of its April 15, 2011 scheduled maturity date. The original credit [...continued]
Mining Companies: Lipton Named Director Of Supatcha
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Supatcha Resources Inc. (OTCBB: SAEI) has appointed Dennis Samuel Lipton to the firm’s board of directors. He has more than 18 years experience in financial analysis, corporate strategy, business funding and development. Lipton also has institutional sales experience in the technology, financial services and [...continued]
Alternative Automotive: Quantum Fuel Wins $30 Million Contract
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW) said that it has received a $30 million purchase order for supplying key components and subsystems related to Quantum's proprietary Q-Drive powertrain systems for the Fisker Karma production program under the terms of [...continued]
C-Level: China Linen Textile Names Monticelli To Board
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — China Linen Textile Industry, Ltd. (OTCBB: CTXIF) has named Stephen Monticelli to its board of directors. The company currently has one independent director and a total of four board members. Monticelli founded Mosaic in 1996 and launched its first two funds [...continued]
Entertainment Media: Subaye Sells $7.5 Million In Assets
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Subaye, Inc. (NASDAQ: SBAY) said that it has sold its remaining entertainment media assets for total proceeds of $7.5 million. According to Subaye, sales of these assets occurred during July and August of 2010.
Year-to-date, the company said it has generated $16.3 [...continued]
Manufacturing: Colfax Unit Wins Euro 5 Million Iraq Order
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Colfax Corp. (NYSE: CFX), a provider of fluid-handling solutions, said that its Allweiler AG business unit will deliver a euro five million fuel-injection skid order through Siemens AG for use in gas turbines in Iraq.
The skids will be used for power [...continued]
