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September 3, 2008 - The Ozone Man, Inc. (OTC BB:OZOM.OB) announced today the introduction of its Eliminator 7-14 Ocidal room sanitizing device. The Eliminator 7-14 Ocidal was developed by and is available exclusively through The Ozone Man. It employs ultra high output ultraviolet (UV) clean ozone and UV germicidal lamps and has an internal antimicrobial killfield.
The primary application of the device is to expedite the cleaning of hotel and motel rooms for same day room occupancy. The Eliminator 7-14 Ocidal will quickly and effectively eliminate previous occupant residue such as odors, contamination, smoke, pet dander, food, urine or any other unpleasant, offensive or noxious substances and odors preventing same day room occupancy.
Halden Shane, The Ozone Man's Chief Executive Officer, stated, "We are proud to introduce this product that uses no harmful chemicals as an effective, revenue enhancing aid to the hotel and motel industry." To successfully complete room sanitation the 7-lamp room sanitizer employs six superior AT987 ultra high output clean ozone lamps and an AT471 ultra high output germicidal lamp. The sanitizer has a 1,216 cubic inch internal germicidal killfield and an output of 300 CFM. The Ozone Man's sanitizer produces an Ozone (O3) saturation of 27.7 parts per million creating 30.24 grams per hour of safe and clean ozone.
September 2, 2008 - In its ongoing efforts to continue development of the company's breakthrough ballast technology, PureSpectrum, Inc. (Other OTC:PSPM.PK) has begun testing the viability of its innovative ballast design for use with Light Emitting Diode (LED) applications.
PureSpectrum has already engineered and introduced breakthrough ballast technology for fluorescent lighting, and during the past several months the company has transitioned from research and development into implementation and is engaged in licensing discussions with multiple manufacturers. However, PureSpectrum president and CEO Lee Vanatta said that PureSpectrum's core business will remain technology and now the company has begun adapting its base technology to be compatible with LED lighting systems.
The ultra-efficient solid state lighting products have garnered heavy attention and some market traction during the past two years and are considered by some industry analysts to be the long term future of both commercial and residential lighting.
PureSpectrum's unprecedented ballast design is separated from commercially available electronic ballasts by its unique circuitry which is constructed to achieve high Power Factor and optimum efficiency without the addition of extra circuits. The cost effective PureSpectrum ballast topology attains ultimate efficiency by maximizing productive energy usage and minimizing components.
September 3, 2008 -- Specialty materials producer Rohm and Haas (NYSE:ROH) will exhibit two new technologies at the National Association of Printing Inks Manufacturers annual technical conference to be held September 23 to 25 in Tucson, Arizona. The theme for this year's conference is "Ink-Materials and Technologies for a Sustainable Future," and will include speakers on significant environmental issues the graphic arts ink and packaging industry is facing.
Rohm and Haas's exhibit will highlight two of the company's innovative graphic arts pigment dispersing resins, Morcryl 410 and Morcryl 460 PLUS. Visitors to the conference will be interested to know that Morcryl 410 and Morcryl 460 PLUS resins allow printers to control performance under a variety of press conditions. "These products are both used to manufacture water-based inks used on packaging materials from corrugated boxes to flexible films," says Holly Anderson, senior sales executive/marketing manager, Graphic Arts. "They yield higher strength dispersions with better viscosity control and improved resolubility and compatibility, which improves press runability, efficiency, and cost management."
Printing clients desire finer line screens for greater resolution, meeting increasingly precise specifications to make type and images pop from printed package, film and paper substrates. "These products are game changers in a highly competitive market," explains Anderson. "They offer superior color density with stability, 6-1 pigment to binder ratios, 40 percent pigment dispersions, a choice between conventional or neutral letdowns, and performance with fewer adjustments for different color requirements, all in one package."
September 3, 2008 - DuPont (NYSE: DD | Quote | Chart | News | PowerRating) today announced the introduction of its DuPont Photovoltaic Solutions (DPVS) business in India. DuPont Photovoltaic Solutions is a leading global supplier to the photovoltaic industry, offering a broad and growing portfolio of innovative solutions for both crystalline silicon and thin film modules designed to help deliver clean, sustainable energy to enhance people's lives. The DPVS product portfolio includes films, resins, encapsulant sheets, flexible substrates, and conductive pastes for both crystalline silicon and thin film modules to the photovoltaic industry in India.
Through investments in materials, technology development and manufacturing, DuPont is accelerating its ability to improve the lifetime and efficiency of photovoltaic cells and modules, and to deliver enough production capability to help keep pace with the fast rising global demand.
To support the solar energy market in India, the company plans to establish a photovoltaic lab by 2010 at the DuPont Knowledge Center in Hyderabad. This lab will provide technical and research facility support to DuPont customers in the solar energy industry. DuPont Photovoltaic Solutions will also install a photovoltaic array at the DuPont Knowledge Center in order to generate a portion of the center's energy requirements from renewable solar energy.
Market Wrap for September 3, 2008 - Wednesday marked a choppy session for Wall Street, with the major indices settling in mixed fashion following a late-session recovery effort.
In the end, the Dow rose 0.1%, while the S&P 500 and Nasdaq fell 0.2% and 0.7%, respectively. The tech sector fell 1.7%.
Financials ( +1.4%) were an area of strength.
The consumer discretionary (+0.5%) sector outperformed, benefiting from a 1.6% rise in retail stocks. Staples (SPLS 25.17, +0.40) reported a 16% year-over-year drop in its second quarter earnings per share, which matched Wall Street's forecast. Meanwhile, shares of General Motors (GM 11.36, +0.71) rose 6.7% after the automaker posted a smaller-than-expected decline in August sales.
In other corporate news, Coca-Cola (KO 51.67, -0.29) is buying a Chinese juice company in a deal valued at roughly $2.4 billion.
Shares of ConAgra (CAG 19.62, -1.84) fell 8.6% after the food company gave an earnings warning due to underperformance in its consumer business.
In economic news, factory orders remain surprisingly strong, with the fifth straight month of positive growth. July factory orders rose 1.3% (consensus +1.0%).
The Fed's Beige Book showed an economic slowdown in most districts. Most districts continued to report price pressures due to the elevated costs of energy, food and other commodities.
Crude oil prices traded in a volatile manner, and settled the day with a 0.3% loss at $109.42 per barrel. Commodities as a whole fell 0.5%.DJ30 +15.96 NASDAQ -15.51 NQ100 -0.9% R2K +0.5% SP400 -0.2% SP500 -2.60 NASDAQ Adv/Vol/Dec 1477/2.13 bln/1302 NYSE Adv/Vol/Dec 1614/1.21 bln/1491
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