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Advanced BioPhotonics Inc. (OTCBB: ABPH) Up 77.78% on Tuesday
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December 17, 2007 - Advanced BioPhotonics Inc. Updates Clinical Results in Pigmented Lesions of the Skin Trial
Advanced BioPhotonics Inc. (OTCBB: ABPH) announced today that it has completed its initial phase and review of the clinical trial protocol previously announced earlier this year. This trial is investigating the use of Advanced BioPhotonics' patented BioScanIR(R) System, together with its proprietary DIRI(R) method of dynamic infrared imaging in detecting and assessing pigmented lesions of the skin including melanoma and other forms of skin cancer.
In a review of the first twenty-four cases, the BioScanIR(R) was able to correctly identify all four melanomas including a melanoma in situ as well as accurately identifying 80% of the benign lesions as confirmed by biopsy and/or clinical examination.
Although this phase is a small sample size, the principal investigator at the institution called the findings encouraging and promising. The next phase of the study will focus on lesion characterization to help further improve the system's performance. It is expected that the next phase will take several months to complete.
Ariel Way, Inc. (OTCBB: AWYI) Up 43.48% on Tuesday
Detailed quote: http://beaconequityresearch.com/AWYI
December 18, 2007 - Ariel Way, Inc. Signs MOU With Noventri
Ariel Way, Inc. (OTC Bulletin Board: AWYI) announced today that the Company has signed a Memorandum of Understanding with Noventri, Inc., a Maryland based "one-stop- shop" company for digital signage turnkey solutions, which include consultation, technology, software, content creation and management (http://www.noventri.com/). Per the agreement, Noventri will become a strategic partner to Ariel Way and also form part of its management team, and will make available Noventri's top professionals to work hand-in-hand with Ariel Way's executives in many of the areas identified in Ariel Way's Digital Signage Business Plan.
Arne Dunhem, Ariel Way president and CEO, said, "We are excited with the prospect of having Noventri as a strategic partner and to have David Linetsky's team of highly skilled professionals, with Massimo Colella as the leader, to be part of our team. They have over more than five years successfully provided advanced dynamic digital signage solutions to many well known customers and locations and has the hands-on experience that we need for our strategy of building a state-of-the-art highly secure Digital Signage Network."
David Linetsky, CEO of Noventri, said, "We are looking forward to working with Arne and his team to support Ariel Way's strategy. We believe that we can provide significant experience to Ariel Way's management team and are excited about actively supporting the Digital Signage activities."
Noventri has designed, developed and installed dynamic digital signage systems at locations like Delaware Park; Marriott Inner Harbor, Baltimore; Charles Town Races and Slots, West Virginia; Maryland Science Center, Baltimore; Camden Yards, Baltimore; Newseum, Washington D.C.; Baltimore Convention Center; University of Maryland; Penn State University; and Trump Marina, Atlantic City.
Visualant, Inc. (OTCBB: VSUL) Up 33.33% on Tuesday
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December 18, 2007 - Visualant Elects Marco Hegyi to Board of Directors
Visualant, Inc. (OTCBB:VSUL), a technology company developing powerful spectral data-based security, diagnostic and quality control solutions, announced today the election of Marco Hegyi to the Company's Board of Directors. Brad Sparks, President and CEO of Visualant, Inc., said, "Marco Hegyi's strategic marketing experience, data base technology background and business acumen brings a perfect mix of talents and expertise to the Visualant Board. We look forward to his active participation and contributions to the company."
"Visualant has technology advantages that enable it to serve industry and government where its sophisticated tools can reduce fraud, provide enhanced security and perform diagnostic testing. I am excited to assist the Company in opening markets for its technology," said Mr. Hegyi. "I am proud to join the Visualant team of qualified professionals."
Mr. Hegyi's career spans over 25 years in the software industry where he served in CEO and marketing executive roles for private and public technology companies. Currently, Mr. Hegyi provides growth management advisory services to companies of all sizes and works at the board of directors, CEO and senior management levels to form and deploy technology-based growth strategies.
Previously, Mr. Hegyi worked at Yahoo, where he served as Senior Director, Global Product Management/Search Marketing. Prior to Yahoo, Mr. Hegyi was at Microsoft, leading program management for Microsoft Windows and Office beta releases aimed at software developers in the Platform, Products and Services Division. While at Microsoft, he formed new service concepts and created operating programs to extend the depth and breadth of the company's unparalleled developer eco-system, including managing offshore, outsource teams in China and India. He was the named inventor of a filed Microsoft patent for a business process in service delivery. Before Microsoft, Mr. Hegyi served in a number of senior management and board positions with technology companies, where he led strategic growth and facilitated company mergers and acquisitions. Mr. Hegyi began his career as a system software engineer developing operating systems and communication protocols.
Red Mile Entertainment, Inc. (OTCBB: RDML) Up 25.49% on Tuesday
Detailed quote: http://beaconequityresearch.com/RDML
December 18, 2007 - Red Mile Entertainment Announces "Heroes over Europe" for the PLAYSTATION(R)3, Xbox 360(R) and Windows PC
Get ready to scramble! Red Mile Entertainment, Inc. (OTCBB: RDML), a worldwide developer and publisher of interactive entertainment software, today announced that it will bring "Heroes over Europe," the next game in the critically acclaimed "Heroes" flight combat franchise, to the PLAYSTATION®3 computer entertainment system, Xbox 360® video game and entertainment system from Microsoft, and Windows PC.
Developed by Transmission Games (formerly known as IR Gurus) in Melbourne, Australia, and powered by an all-new engine, "Heroes over Europe" revisits the action in the key European air battles of World War II. "Heroes over Europe" follows the stories of three allied pilots and their actions in the war, from the invasion of France to the devastation of Berlin in 1945. "Heroes over Europe" is set to raise the bar for flight combat games, featuring new and unique game modes, a deeper and more comprehensive online focus and cutting-edge graphics. The console games are expected to be available for purchase in Fall of 2008 with the Windows PC version shipping soon after in early 2009.
"'Heroes of the Pacific' established Red Mile as a leading publisher in the air combat genre," said Glenn Wong, President and Chief Operating Officer of Red Mile Entertainment. "Transmission Games is building on the excellent groundwork it laid with the first game, and based on what we've seen so far, it looks set to deliver a truly stunning follow-up that will thrill armchair pilots everywhere."
Enable IPC Corporation (OTCBB: EIPC) Up 25.00% on Tuesday
Detailed quote: http://beaconequityresearch.com/EIPC
December 18, 2007 - Enable IPC Ultracapacitor Exceeds 1 Million Cycles
Enable IPC Corporation (OTCBB: EIPC) announced today that its ultracapacitor technology has matched or exceeded the cycle life of commercially-available devices.
"As a point of reference, many rechargeable batteries have a useful life in the 1000s of cycles," explained researcher Kevin Leonard, one of the inventors of the Enable IPC ultracapacitor. "That is, you can charge and discharge them at most a few thousand times before they are no longer useful.
"Ultracapacitors, on the other hand, can generally be charged and discharged hundreds of thousands of times. In our laboratory testing, on the morning of December 13th, our ultracapacitor surpassed 1 million cycles while still maintaining over 80% of its initial capacity, which matches some of the best performance reports we've seen in ultracapacitor life cycle testing."
The company is continuing the testing to determine how many cycles the devices can withstand.
Enable IPC CTO, Dr. Mark Daugherty, said, "We are very pleased with the pace of our ultracapacitor development. We've met our performance milestones and are actively developing exciting new applications to take advantage of these recent improvements."
Separately, Enable IPC recently announced that they had completed and signed the final license agreement with the University of Wisconsin, exclusively securing the ultracapacitor technology for consumer and industrial applications for the useful life of the patent.
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