To sign up for our free research reports and newsletters, visit http://beaconequityresearch.com/. For more information on our research programs, please contact: Jeff Bishop at editor@beaconequityresearch.com
Pacer Health Corporation (OTCBB: PHLH) Up 50.00% on Monday
Detailed quote: http://beaconequityresearch.com/PHLH
December 03, 2007 - Pacer Health Corporation Announces Grand Reopening of South Cameron Memorial Hospital
Pacer Health Corporation (OTCBB:PHLH), an owner-operator of acute care hospitals and psychiatric care facilities in the Southeastern United States, is pleased to announce the reopening of South Cameron Memorial Hospital in Cameron, Louisiana.
The hospital, which was forced to cease operations as a result of Hurricane Rita in 2005, officially reopened on November 26, 2007. South Cameron Memorial Hospital passed its state inspection prior to the Thanksgiving Holiday on its first attempt which entitled the facility to reopen for business.
The hospital was forced into closure after Hurricane Rita completely devastated Cameron Parish in September 2005. Pacer and the Lower Cameron Hospital Service District have spent the last two years rebuilding the facility which serves as the only hospital for the residents in Cameron, Louisiana.
The re-opening of South Cameron Memorial Hospital will restore confidence and growth within the Cameron Parish community. The rebirth of the facility establishes that the parish will rebuild from what has been a terrible disaster.
"The grand reopening is an opportunity to bring the community together to celebrate our collective success, say thank you, and showcase the new facility," said John Vincent, Chief Operating Officer at Pacer Health and a Cameron Parish resident.
With the financial support of the Bush-Clinton Katrina Fund along with the support of Cameron Parish citizens and FEMA, Pacer Health and the Lower Cameron Hospital Service District have provided a state-of-the-art facility while maintaining the talented group of physicians, nurses, and other healthcare staff who call South Cameron Memorial Hospital home.
The new $25 million facility offers emergency room, inpatient, and skilled nursing services as well as outpatient doctor's office services to the residents of Cameron Parish and the area's several thousand oil and gas exploration personnel and commercial and recreational fishermen. South Cameron Memorial Hospital maintains sole community provider status in Cameron Parish.
In early 2006, South Cameron Rural Health Clinic became the first medical facility in Cameron Parish to reopen at a permanent physical location since Hurricane Rita's devastation.
American Racing Capital, (OTCBB: AMRA) Up 23.19% on Monday
Detailed quote: http://beaconequityresearch.com/AMRA
December 03, 2007 - American Racing Capital, Inc. / AMRA Adds a Second Industry Veteran to Board of Advisors
American Racing Capital, (OTCBB: AMRA), a company specializing in the Motorsports Industry, announced today it has named Mark J. Perrone to it's Advisory Board. Mr. Perrone is well known in racing circles having most recently been President and General Manager of the legendary Milwaukee Mile, the oldest continually operating Speedway in the world. His professional career started right after graduating from Denver University, when he began a career with the Federal Bureau of Investigation. Later, Mark moved on to professional sports management and worked for the Washington Capitals and the Washington Bullets franchises. He then moved up to major league sports with a senior position at Bob Woolf Associates where he established relationships in the NFL, MLB, NBA, and the NHL. Next he became President of Sportserve, Inc., where he handled Hall of Fame and All-Pro inductees. Also, he consulted to groups interested in the acquisition of major league teams, as well as franchise expansion opportunities. His clients included the Portland Trailblazers, New York Yankees, Boston Red Sox, Duke University and the NHL League office. He also served in an administrative capacity for USA Hockey during the 1980 and 1984 Olympics. Mark's career in motorsports includes having been the Executive Director of racing for the "Cracker Barrel 500" held at Atlanta Motor Speedway. Mr. Perrone has successfully promoted NASCAR events in all levels, including Cup, Bush and Craftsman Truck as well as other race series such as the Indy Racing League and ChampCar, even serving as Vice President of ChampCar. Mr. Perrone is also an active member of society with numerous charity and civic associations and has been awarded two Gubernatorial Citations and two Senate Citations.
Bob Koveleski, President of American Racing Capital said, "Mark has an intimate knowledge of all aspects and components of the racing business. We are extremely pleased to be working with a person with his qualifications and experience. I have a very strong feeling he will be a real compliment to our Advisory Board. As we move forward building a stronger Company, these kind of quality people only strengthens our position and our future success."
Thorium Power, Ltd. (OTCBB: THPW) Up 22.58% on Monday
Detailed quote: http://beaconequityresearch.com/THPW
December 03, 2007 - Thorium Power Enters Into $5 Million Consulting and Strategic Advisory Services Agreement With Foreign Government-Owned Entity
Thorium Power, Ltd. (OTCBB: THPW), the leading developer of low-waste, non-proliferative nuclear fuel technology for existing and future reactors, today announced that it has entered into a consulting and strategic advisory services agreement with a foreign government-owned entity to develop a roadmap as the first phase of a feasibility study for a prospective program to deploy civilian nuclear power plants. The roadmap will include recommendations related to timelines, organizational structure and priorities for subsequent phases of the program.
The terms of the agreement call for an initial payment to Thorium Power of $5 million USD at the start of the first 15-week phase of the feasibility study on November 30, 2007.
The agreement also provides a framework for a subsequent consulting engagement for the second phase of the feasibility study, which will be mutually agreed to by the Parties. The scope of the services under the agreement have been defined in consultation with appropriate authorities in the U.S. government in compliance with all applicable U.S. export controls. Thorium Power intends to communicate additional details about the client relationship once certain governmental steps are completed in both countries relating to potential additional work.
Thorium Power was selected after a detailed technical review of the company's fuel designs by independent nuclear experts, as well as an extensive evaluation of the company's experience within the global nuclear industry and its expertise in non-proliferation issues.
Erik Hallstrom, COO of Thorium Power, stated, "While we have had our non-proliferative fuel designs undergoing tests in a research reactor for the past several years, this agreement marks a milestone for Thorium Power's commercialization efforts. The agreement provides validation for our business model, where consulting and government services are early revenue drivers as well as important elements in the sales process for our broader offering."
Seth Grae, CEO of Thorium Power, added, "Our client clearly recognizes the broad nuclear expertise and extensive resources offered by Thorium Power. We believe that our consulting and strategic advisory services are similarly attractive to many other countries in our target market. We bring a unique and innovative perspective to the planning process, one that clearly differentiates Thorium Power from other service providers. We firmly believe the future of the nuclear renaissance will depend on viable solutions to significant concerns such as proliferation, waste, and operating economics. This relationship gives Thorium Power the opportunity to demonstrate our core competencies to address nuclear issues at the highest levels. We are excited about the prospect of showcasing our blueprint for safe, clean, and smart non-proliferative nuclear power."
BioSolar(TM), Inc. (OTCBB: BSRC) Up 17.54% on Monday
Detailed quote: http://beaconequityresearch.com/BSRC
December 03, 2007 - BioSolar Announces Successful Scale Up Production Run of Biobased Plastic Film for Solar Cells
BioSolar(TM), Inc. (OTCBB: BSRC), developer of a breakthrough technology to produce bioplastic materials from renewable plant sources that reduce the cost of photovoltaic solar cells, today announces that the company has successfully completed a scale up production run of high quality biobased plastic film intended for use as a backing sheet for photovoltaic cells.
In explaining the significance of this latest step toward commercialization of BioSolar's bioplastic materials, Dr. David Lee, CEO, said, "BioSolar has previously developed its biobased polymer which significantly improves the film's impact resistance and thermal performance. The film was successfully extruded at a narrow width. In order to check for possible scale up problems, we conducted an extrusion run at the full production width of 55 inches. There were essentially no scale up problems, and very high quality film was produced."
This is a key milestone in the development of the company's biobased backsheet product as the 55-inch-wide rolls of film exceed the industry maximum width requirement. Photovoltaic modules are expected to last for 20 years or more, and experimental modules made with this film are currently being tested to ensure that the film meets the longevity requirement. The test includes a 45-day temperature-humidity test as mandated by Underwriters Laboratories.
"As we continue to hit our targets in our research and development work, we are guided by input from our commercial strategic partners in the photovoltaic field," continued Dr. Lee. "This successful ramp-up to production scale film width moves us another step closer to commercial sales of our product."
Cyberlux Corporation, (OTCBB: CYBL) Up 15.22% on Monday
Detailed quote: http://beaconequityresearch.com/CYBL
December 03, 2007 - Cyberlux Receives and Fulfills Portable Illumination System Order for SBInet Deployment
Cyberlux Corporation, (OTC Bulletin Board: CYBL), a leading provider of LED lighting solutions, announced today that the Company has received and fulfilled a system order from The Boeing Company associated with the SBInet deployment. This purchase was made under the SBInet Basic Ordering Agreement that Cyberlux and Boeing entered into earlier this year.
"Cyberlux provides powerful tactical lighting systems designed to provide energy-efficient, highly portable covert and visible lighting solutions for securing hostile environments, including our borders," said Mark Schmidt, president of Cyberlux. "The system purchased by Boeing, an expanded capability of our military solution, has further implications for the replacement of the heavy generator-based lighting systems currently in use by the U.S. Armed Forces and most highway construction contractors," continued Schmidt.
In September, the U.S. Air Force Air Mobility Battlelab (AMB) announced that testing of the Company's tactical lighting systems had been completed successfully. The AMB determined that the Cyberlux lighting system is 97% smaller in footprint, weighs 94% less than current diesel-powered incandescent lighting systems and saves an estimated 63% in daily operating costs. In addition, the AMB concluded that the lighting system provides versatile and economical tactical lighting capability as required by expeditionary forces across all U.S. armed services.
Recently the Company reported that the Fiscal Year 2008 Department of Defense Appropriations legislation contains $8 million to equip the United States Air Force with the Company's Portable Illumination Systems.
Cyberlux Corporation holds General Services Administration (GSA) contract GS-07F-9409S under the Federal Supply Schedule 56 for Specialty Lighting products.
