Capital Resource Alliance Inc. (OTCBB: CRRA) $0.25. Announced Friday after market close that an agreement has been established in principle with a private group of investors for a Five Hundred Thousand Dollar ($500,000) private placement of the corporation's common stock.
In reference to the private placement, Mr. Gordon stated, "We are excited about the agreement to obtain financing which management views as a positive testament towards the lucrative potential that we expect to generate from this leading-edge, "green friendly" construction material. This milestone is designed to keep the Company progressing in a fast-paced direction, while simultaneously adding to our ability to generate increased exposure of our unique, one-of-a-kind building material."
"Real-life results of this revolutionary building material have, as expected, generated outstanding interest from both the public and private sector on an international level," Mr. Gordon continued. "To our knowledge, no other construction material has the strength to withstand mother nature's destructive powers - such as earthquakes that hit 6.9 on the Richter scale and hurricanes that hit 200 miles-per-hour - while at the same time offer the same benefits of being lightweight; bullet proof; non-combustible and fire resistant."
What They Do: Capital Resource Alliance Inc. manufactures and markets the "WonderWall" which is a revolutionary building system that involves on-site creation of long lasting, low cost housing, schools, commercial buildings and storage facilities. This new "building block" is designed to be the structural centerpiece for many buildings that use cement as the foundation of their construction. The unique construction material has proven to be earthquake resistant, bullet proof, hurricane resistant, lightweight and easy to ship & produce, non-combustible and fire resistant.
Powerwave Technologies (Nasdaq: PWAV) $1.24. Today announced its Rapid Mobile Deployment Unit (RMDU), a lightweight, compact mobile communications site that is quickly and easily deployable, providing cost-effective wireless capacity to support high concurrent call volume and data access wherever and whenever needed.
The announcement was made here today at the International Annual Conference and Expo of APCO, the Association of Public-Safety Communications Officials (APCO) International – the world’s oldest and largest professional organization dedicated to the enhancement of public safety communications.
What They Do: A global leader in end-to-end wireless coverage and capacity solutions, Powerwave Technologies, Inc. offers cutting-edge wireless infrastructure to address the demands of enterprise and commercial customers.
Titan Machinery Inc. (Nasdaq: TITN) $13.12. Today announced that effective August 14, 2009, it has closed on the purchase of assets of Lickness Bros. Implement Co., a Case IH brand agriculture dealership in Britton, South Dakota.
Lickness Bros. Implement Co. is strategically located in the fertile James River Valley of northeast South Dakota, between Titan Machinery’s Lisbon, ND and Aberdeen, SD stores. Lickness Bros. Implement Co. generated approximately $1 million in its most recently reported fiscal year by focusing primarily on parts and service sales. Titan Machinery believes by adding a more diverse equipment selection, this store will greatly increase its overall revenue in a short period of time.
What They Do: Titan Machinery is a multi-unit business with mature locations and newly acquired locations. The Company owns and operates one of the largest networks of full service agricultural and construction equipment stores in North America.
Internap Network Services Corporation (Nasdaq: $2.83. Today announced Peter M. Evans has joined the company today as the Senior Vice President of Marketing. In making the announcement, Internap President and CEO, Eric Cooney, noted the addition of Evans was a key step in the plan to build a strong leadership team and position Internap for long-term profitable growth.
Most recently, Evans served as Director of Technology and Market Strategy for IBM’s Internet Security Systems Division, Chief Technology Office. Evans was the Chief Marketing Officer (CMO) at Internet Security Systems (ISS) prior to it being acquired by IBM for $1.5 billion. His leadership - turning ISS into a more market-driven organization - was a key part of the company’s evolution and substantial growth.
What They Do: Internap is a leading Internet solutions company that provides The Ultimate Online Experience® by managing, delivering and distributing applications and content with 100 percent performance and reliability.
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