Universal Energy Corp. (OTCBB: UVSE | charts | news | PowerRating) Up 18.67% on Thursday
Detailed quote: http://www.beaconequityresearch.com/UVSE
January 03, 2008 - Universal Energy Corp. Prepares for Production at its Caviar #1 Prospect
Universal Energy Corp. (OTC Bulletin Board: UVSE), an emerging domestic oil and gas exploration and production company, is pleased to announce that completion procedures have now been finished at its Caviar #1 Prospect. "We continue our progress into the new year," commented Billy Raley, CEO of Universal Energy Corp. Raley continued, "Having the Caviar #1 well ready for production and beginning completion procedures at Caviar #4 tomorrow puts us in an excellent position for 2008."
Raptor Networks Technology, Inc. (OTCBB: RPTN | charts | news | PowerRating) Up 22.06% on Thursday
Detailed quote: http://www.beaconequityresearch.com/RPTN
January 03, 2008 - Raptor Networks Technology CEO Tom Wittenschlaeger Notes Ethernet Core Switching Sector Has Matured Into a Multi-Billion Dollar Market
Raptor Networks Technology, Inc. (OTC Bulletin Board: RPTN), provider of the world's first distributed network switching architectures, announced today that CEO Tom Wittenschlaeger, interviewed by Francis Gaskins of StoxRox.com, noted that its Ethernet Core Switching sector, which delivers data on the Internet directly to the end user, has become a multi-billion dollar market that is robust and growing in both the 1GbE and 10GbE segments.
Mr. Wittenschlaeger said in the interview that investing in Raptor Networks Technology is really investing in America, as Raptor is the only current manufacturer of network switching products designed and built entirely in the United States; aside from the technological, power consumption, cost and performance advantages of its advanced architecture.
"We are an undisputed first mover in core switching," Raptor Networks Technology's CEO said in the interview. "We have developed, designed, built and shipped the first and only fully distributed architecture network product, while our competitors all utilize massively centralized solutions. Our technology has been validated and is in active use by key customers."
In the interview, Mr. Wittenschlaeger explains how the Raptor Networks Technology products are significantly less vulnerable to catastrophic security breaches than its competitors. He also stresses that Raptor products are 100 percent U.S. content, compared to competitors who use overseas, more vulnerable, development partners. He explains how Raptor's switches, which are orders of magnitude faster and more reliable than the competition, are a powerful solution to new uses of the Internet that are sensitive to time delays, such as streaming video, Voice over IP (VoIP), clustered computing and clustered storage. Also, he explains how the Raptor switches, which are less complex and use only 1/5 the power, provide customers a "very attractive value proposition." Finally Mr. Wittenschlaeger discusses the Company's patent applications and their prospects in 2008.
Upstream Biosciences Inc. (OTCBB: UPBS | charts | news | PowerRating) Up 16.67% on Thursday
Detailed quote: http://www.beaconequityresearch.com/UPBS
January 03, 2008 - Upstream Biosciences to Collaborate With Leading Canadian Public Health Lab to Test Its Novel Agents Against Malaria
Upstream Biosciences Inc. (OTCBB: UPBS | charts | news | PowerRating) today announced that it has entered into a collaboration with the Provincial Laboratory for Public Health (or ProvLab) in Alberta, Canada to begin in vitro testing of Upstream's novel compounds for the potential treatment of malaria. According to the World Health Organization (WHO), an estimated 500 million people become severely ill with malaria and more than one million people die of the disease each year.
"ProvLab is among the most respected and well-accredited laboratories in Canada, and we are pleased to be working with their scientists to test the potential utility of our anti-malarial drug candidates," said Joel L. Bellenson, Chief Executive Officer of Upstream. "Malaria is the most widely known and devastating of the tropical parasitic diseases, yet the best efforts of global health organizations have so far failed to come up with effective and affordable drugs to take the place of existing therapies, which are becoming increasingly ineffective."
Upstream's library of novel compounds has already demonstrated encouraging potential in vitro against the tropical parasitic diseases leishmaniasis and trypanosomiasis, or African sleeping sickness, and may also have therapeutic utility against the parasite that causes malaria. Malaria, leishmaniasis and trypanosomiasis are caused by related parasites.
Mr. Bellenson continued, "We look forward to moving quickly to complete these initial studies so that we can hopefully progress to further preclinical and clinical studies of the candidates that demonstrate the most promise for the treatment of this terrible disease, which causes so much human suffering and acts as a barrier to economic and social development throughout the developing world."
HealthSport, Inc.(OTCBB: HSPO | charts | news | PowerRating) Up 16.00% on Thursday
Detailed quote: http://www.beaconequityresearch.com/HSPO
January 03, 2008 - HealthSport, Inc.'s FIX Wins Again At the Palms Casino
HealthSport, Inc.(OTCBB:HSPO), a fully integrated developer, manufacturer and marketer of branded nutritional supplements in a one-of-a-kind edible film strip delivery system, announced today the Palms Casino and Resort will begin offering FIX Hangover Strips to their customers in the in-room mini-bars in 2008.
"FIX has sold extremely well in our gift shop, and we made the decision to offer the product in our in-room mini-bars as an added convenience to our valued customers. FIX has sold so well in fact, that it has outpaced our other hangover product 3-1. Our customers have apparently realized the benefits of FIX over our other products," stated George Noel, Purchasing Director, Palms Casino.
"We believe Las Vegas is the perfect launch pad for FIX. With over 40,000,000 visitors annually, obtaining name brand recognition in Las Vegas will allow visitors to spread the news about FIX not only nationally, but internationally as well," stated Clay Cooley, President, Cooley Nutraceuticals, Inc.
Global Capacity, Inc., (parent: Capital Growth Systems, Inc. (OTCBB: CGSY) Up 12.07% on Thursday
Detailed quote: http://www.beaconequityresearch.com/CGSY
January 03, 2008 - Global Capacity and VSNL Global Services Complete Strategic Sourcing Agreement
Global Capacity, Inc., (parent: Capital Growth Systems, Inc. (OTCBB: CGSY)), the telecom industry's first logistics company, announced today that it has signed a strategic sourcing contract with VSNL Global Services Limited (parent: Videsh Sanchar Nigam Limited (NYSE: VSL)), a global leader in outsourced carrier operations.
This agreement enables Global Capacity to efficiently scale operations through the establishment of an international network operations center (NOC), as well as utilize additional network analyst and provisioning resources.
"A high quality, scalable service delivery capability is critical to support the rapid adoption of our solutions by our expanding global customer base," said Patrick Shutt, Chief Executive Officer for Global Capacity. "By coupling the resources and capabilities of VSNL Global Services Limited with the core expertise and systems of Global Capacity, we have created a cost effective service delivery capability that exceeds our customer's expectations both immediately and into the future."
The international operations center, located in Pune, India, will work in conjunction with the Global Capacity network operations center in Waltham, MA, to provide "follow the sun" support for the Company's increasingly international customer base. The network analyst and provisioning resources will enable the rapid scaling required to implement key customer revenue initiatives as Global Capacity continues to win major contracts.
Additionally, Global Capacity and VSNL Global Services Limited have signed a Letter of Intent to create a business development agreement that enables each company to leverage the other's portfolio of offerings to its existing customer base.
"We are pleased that Patrick and his team have chosen VSNL Global Services Limited as their strategic sourcing partner," said V. S. Shridhar, Chief Operations Officer of VSNL Global Services Limited. "We believe Global Capacity has developed a unique model and has an unrivaled group of talented industry experts that are creating tremendous value in the market. There are strong similarities in how our two companies do business, and VGSL is very well positioned to help Global Capacity successfully manage its rapid growth."
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