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QUOTEMEDIA INC. (OTCBB: QMCI)
Detailed Quote: http://www.otcpicks.com/quotes/QMCI.php
Company Profile: http://www.otcpicks.com/quotemedia/quotemedia.htm
QMCI is a leading software developer and provider of real-time streaming financial market information, decision-support, news and research solutions to brokerage, financial services companies, business and media corporations. Among its many leading-edge products lines, the Company offers data feeds, news, dynamic market content solutions, interactive stock research tools, financial applications and real-time wireless applications. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, Dow Jones & Company, Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark, Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment Research, Automated Financial Systems, WallStreet*E, and others. For more information, visit www.quotemedia.com.
QMCI News:
June 18 - Captivate Broadens Business Programming with QuoteMedia
QuoteMedia, Inc. (OTCBB: QMCI | Quote | Chart | News | PowerRating) announced an agreement to provide market data feed services to Captivate Network, a subsidiary of Gannett Co., Inc. (NYSE: GCI).
Captivate Network, the digital at-work news and entertainment network, has selected QuoteMedia to provide financial quotes and market data to more than 2.6 million business professionals via nearly 8,400 wireless, digital screens located in the elevators of premier office towers in 24 of North America's largest markets. QuoteMedia joins a list of major media partners to provide programming for the network, including CNN, USA Today, CNET and Forbes.
"With our core market of business professionals across North America, it is vital that we continue to execute our strategy of providing 'Best in Class' programming to our viewers. QuoteMedia provides Captivate with timely, reliable and key information about business and financial markets, which compliments our business coverage," said Mike DiFranza, president and general manager for Captivate. "We were impressed with the quality of QuoteMedia's market coverage, their technological strength and particularly the level of support they provide. QuoteMedia has worked with us to ensure we are providing our viewers with the most up to date financial information possible."
"We are very pleased with this exciting opportunity to provide financial information and market data to nearly 3 Million viewers through this new digital channel," said Dave Shworan, CEO of QuoteMedia, Ltd. "Captivate is a recognized leader in the business focused digital marketplace, with a well deserved reputation for the quality and diversity of their programming. Their decision to use our data services is a wonderful endorsement of our product, and it provides a great opportunity to connect with their highly targeted audience of business professionals while exposing QuoteMedia's brand to millions of viewers."
ABOUT CAPTIVATE NETWORK
Captivate Network (www.captivate.com), is the North American news and entertainment network that delivers quality programming and advertising to a highly desirable and targeted audience during the workday, when they are making business and personal buying decisions. Captivate is one of the most effective advertising vehicles available, earning a high 48% average total ad recall, according to Millward Brown studies(a). Captivate's network is seen in a distraction-free viewing environment, on wireless flat-panel television screens in the elevators of premier office towers across North America. Currently, Captivate is seen on nearly 8,400 screens, delivering more than 55.4 million impressions per month. Established in 1997 and headquartered in Massachusetts with offices throughout North America, Captivate Network is a Gannett company.
MONOGRAM ENERGY INCORPORATED (OTC: MGRN | Quote | Chart | News | PowerRating) "Up 25.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MGRN.php
Company Profile: http://www.otcpicks.com/monogram-energy/monogram-energy.htm
Monogram Energy, Inc. is an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties. The company specializes in acquiring oil & gas leases with proven reserves that have the potential for increased production.
MGRN News:
June 16 - Monogram Energy, Inc. in Negotiations for Well in Montana Williston Basin
Monogram Energy, Inc. (OTC: MGRN), an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties, announced that the Company is in negotiations to work over and complete a well located in the Williston Basin in Montana. A registered professional geologist examined the well and reported the following:
"Based on acceptance of the reservoir model and historical characteristics of the producing formations in the Williston Basin, the well is a viable prospect contingent on plugging back the well bore to above the oil water contact and exploiting existing fracture porosity as a hydrocarbon delivery system. Several features of the well make such a course of action particularly attractive, not least of which is the fact that the well is already drilled and cased."
Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc. stated, "Given this and other studies, it is the generally accepted position that this well has the possibility of producing some 600 barrels per day. Consequently, we are moving forward as quickly as possible."
King became interested in the production of oil & gas during his ten years of employment as an attorney for the Halliburton Company, and with his representation of independent oil companies during his years as a private practitioner. Monogram Energy's goal is to maintain a high risk/reward profile, thereby enabling them to return the most value to its shareholders.
DIVERSINET CORPORATION (OTCBB: DVNTF | Quote | Chart | News | PowerRating) "Up 22.64% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/DVNTF.php
Diversinet Corp. is a leading provider of wireless authentication and access solutions that secure the personal identity, transactions and data of consumers over almost any mobile phone or handheld device. Diversinet's reliable, end-to-end MobiSecure Wallet and Vault products provide global, secure and cost effective solutions to mobilize personal health records, financial services transactions and identity protection management. Find out more about Diversinet Corp. at www.diversinet.com.
DVNTF News:
June 17- Diversinet Powers' MOBILE LOCKBOX(SM) a Major Enhancement to IDENTITY GUARD
IDENTITY GUARD Users Access and Store Personal and Financial Information Any Time, Anywhere Via Mobile Phone
Diversinet Corp. (OTCBB: DVNTF), a leading provider of wireless data security infrastructure products and services, declared that its MobiSecure Wallet and Vault mobile secure encrypted access solution is at the heart of the new MOBILE LOCKBOX(SM), a major enhancement to the IDENTITY GUARD Total Protection service from Intersections Inc. (NASDAQ: INTX), a leading global provider of consumer and corporate identity risk management services.
MobiSecure Wallet and Vault provides Intersections with a mobile security platform to extend its core IDENTITY GUARD offering by creating a host of new services that build closer, more personal and "sticky" relationships with new and existing customers. Using revolutionary, secure, and easy-to-use MobiSecure Wallet and Vault software from Diversinet, MOBILE LOCKBOX securely stores usernames and passwords, banking information, personal information, insurance documents and wills, even photographs. The Diversinet software also makes it possible for MOBILE LOCKBOX to offer built-in e-mail and faxing capabilities - along with secured and encrypted customized financial transaction alerts - enabling IDENTITY GUARD subscribers to monitor their records while they're on the go.
"MOBILE LOCKBOX is a breakthrough that puts consumers in control of their digital personal identities by providing the secure, any time, anywhere access they need to better manage their personal and financial matters," said Michael Stanfield, chairman and CEO of Intersections. "Secure mobile platforms are a convenient way for consumers to keep vigilant watch over their identity, and Diversinet's MobiSecure Wallet and Vault products provide an essential, enabling mobile security platform we can build upon to gain additional touch points with our customers."
IDENTITY GUARD Total Protection was recently ranked number one among six leading identity theft protection providers by PC World magazine. It not only helps consumers protect their credit from identity theft, but also provides 360-degree protection on the Internet, on PCs, or when traveling, 24 hours a day, 7 days a week. Consumers' most personal information - credit, financial, passwords, Social Security numbers, and more - is protected from the fastest growing crime in the United States: identity theft.
"MobiSecure Wallet and Vault builds upon our patented soft token and authentication technologies to create a secure encrypted mobile platform that makes it easy for enterprises to publish relevant personal information to a user's mobile device with complete confidence that nobody else can read it or intercept it," said Albert Wahbe, CEO and chairman of Diversinet. "We've created a disruptive technology that dramatically lowers the cost and complexity of providing secure mobile access to the personal information that people use every day to support their lifestyle."
Once installed on the subscriber's mobile device, MobiSecure Wallet offers Intersections the flexibility to launch new service offerings on the fly with no additional programming on the client device. After a subscriber has registered and authenticated themselves, whatever personal information they see on the mobile screen is stored securely on their mobile device, eliminating the inconvenient and time-consuming task of repeatedly retrieving the information from a remote server.
ABOUT INTERSECTIONS
Intersections Inc. is a leading global provider of consumer and corporate identity risk management services. Its premier identity theft, privacy, and consumer solutions are designed to provide high value, revenue generating opportunities to its marketing partners, including leading financial institutions, Fortune 100 corporations and other businesses. Intersections also markets full identity theft protection solutions under its brand, the IDENTITY GUARD (www.identityguard.com). Intersections' consumer identity theft protection services actively safeguard more than 8 million consumers against identity theft.
To address the growing threat of corporate fraud, Intersections and its subsidiaries provide cutting edge identity risk management solutions including pre-employment background screening, corporate brand protection, security breach remediation, and software and data management.
MEDECISION INCORPORATED (NASDAQ: MEDE | Quote | Chart | News | PowerRating) "Up 287.13% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MEDE.php
MEDecision offers collaborative health care management solutions that provide a simplified and smart way to manage the health of members and member populations which can improve the quality and affordability of care. Based on state-of-the-art technology, MEDecision's solutions include Alineo, a collaborative health care management platform for managing case, disease and utilization management and Nexalign, a collaborative health care information exchange service. MEDecision believes that, in the aggregate, its health care payer customers insure or manage care for approximately one in every six people in the U.S. with health insurance.
MEDE News:
June 18 - MEDecision to be Acquired by Health Care Service Corporation
MEDecision to operate independently and continue to pursue focus on development, execution and customers
MEDecision, Inc. (NASDAQ: MEDE), a leading provider of collaborative health care management solutions, announced that it has reached a merger agreement pursuant to which Health Care Service Corporation (HCSC), which operates Blue Cross and Blue Shield plans in Illinois, New Mexico, Oklahoma and Texas, will acquire all of the outstanding shares of MEDecision common stock for $7.00 per share in cash. The transaction is valued at approximately $121 million, including consideration paid to holders of outstanding options and warrants.
Subsequent to the completion of the acquisition, MEDecision will remain an independent company dedicated to the needs of all health plans and will maintain its own brand identity. The company will continue to pursue development and implementation of its Alineo and Nexalign collaborative health care management solutions. Moreover, the transaction will strengthen MEDecision's ability to provide market-leading services to the country's leading health plans.
The Boards of Directors of both companies have unanimously approved the transaction. Additionally, holders of approximately 45% of the outstanding MEDecision common stock have entered into agreements with HCSC to vote in favor of the transaction. Closing of the transaction is expected late in the third quarter or early in the fourth quarter of 2008, subject to approval by MEDecision shareholders and customary regulatory and other conditions. MEDecision was advised on the transaction by Lazard.
"This transaction will deliver substantial current value to our shareholders and is a significant milestone for MEDecision and a very positive step forward in our evolution as a company," said MEDecision Founder and Chief Executive Officer David St.Clair. "It underscores the strength of our collaborative health care management solutions, Alineo and Nexalign. It also validates our vision of the health care industry and will enable us to further expand our technology development and strengthen our focus on customer service and satisfaction."
"HCSC is committed to promoting accessible, cost-effective, quality health care through innovation and collaboration," said Pat Hemingway Hall, President and Chief Operating Officer of Health Care Service Corporation. "We are excited about joining forces with MEDecision who for two decades has demonstrated this same commitment to improving overall health outcomes with creative solutions that foster collaborative relationships between patients, payers and providers."
ABOUT HCSC Health Care Service Corporation, a Mutual Legal Reserve Company, is the largest customer-owned health insurer in the United States and the fourth largest health insurer in the country overall, with 12.4 million members in its Blue Cross and Blue Shield plans in Illinois, New Mexico, Oklahoma and Texas. The company is an independent licensee of the Blue Cross and Blue Shield Association. HCSC also has a rating of AA- (Very Strong) from Standard and Poor's, Aa3 (Excellent) from Moody's and A+ (Superior) from A.M. Best Company.
FIRSTFLIGHT INCORPORATED (OTCBB: FFLT | Quote | Chart | News | PowerRating) "Up 39.39% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/FFLT.php
FirstFlight, Inc., through it subsidiaries, engages in aircraft charter management, fixed base operations (FBO), and aircraft maintenance activities in the United States. The company offers aircraft charter management serves, including on-call passenger air transportation services; and repair services for both managed and non-managed aircraft, as well as specialty services on aircraft brakes and wheels. It also provides fixed based operation services comprising fueling and hangaring for general aviation, commercial, and military aircraft, as well as involves in the management of a non-owned FBO facility; and operation of a flight school. The company, was formerly known as FBO Air, Inc., was founded in 2003 and is based in Horseheads, New York.
FFLT News:
June 18 - FirstFlight Adds Gulfstream GIV in Florida
FirstFlight, Inc. (OTCBB: FFLT | Quote | Chart | News | PowerRating) a charter management and aviation services company, announced a Gulfstream GIV has joined its fleet of managed aircraft.
This aircraft, based in Ocala, follows the recent announcement of a G550 in West Palm Beach, both of which complement our already existing fleet in Florida that include a G500 in the Miami area. This ongoing concentration of aircraft is consistent with FirstFlight's stated goal of further penetrating the strategic market that Florida and the Southeast United States represents.
The newly added GIV is configured for 14 passengers. The aircraft performs well on both intercontinental and cross-country trips with a range exceeding 4,800 miles at speeds up to 575 mph. Recently refurbished, this aircraft has an exceptional array of passenger amenities that make it very attractive for charter. Selected features include an extended credenza, full forward refreshment center, a comprehensive entertainment center with dual Rockwell Collins DVD, ten stack changer, Airshow and number of custom design features (including additional a "super- soundproofing" kit) to maximize passenger comfort, and a full, custom-designed aft lavatory.
"We welcome this exceptionally well-appointed GIV to our fleet," stated John Dow, FirstFlight's president and CEO. "Great attention to detail went into the selection of the interior features to make it a highly desirable charter aircraft. We are pleased with the new additions to our fleet this year and have an excellent balance between our large- and mid-sized jet equipment."
FirstFlight is one of the leading Gulfstream operators in the Northeast and has a growing presence in the Southeast. In addition to the Gulfstreams, the Company provides charter and management services for Challenger, Falcon, Hawker, Lear and other executive jet aircraft. Visit the FirstFlight website at www.fflt.com for more details on the Company and its fleet.
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