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MMR Information Systems, Inc. (OTCBB: MMRF)
LOS ANGELES, CA-- 05/03/10 -- MMR Information Systems, Inc. (OTCBB: MMRF) disclosed today that it has filed an action which seeks to protect a portion of the Company's intellectual property and related technology, including clinical data and biotech samples which it had recently discovered.
The assets represent a portion of the Company's biotech portfolio that came from its reverse merger with Favrille, Inc., a biopharmaceutical company, in January 2009. Over the past 12 months, the Company identified a portfolio of biotech assets which include materials that were unknown to post-merger MMR until February 2010. These assets were in the possession of the Lymphoma Research Foundation (LRF). They do not include other pre-merger biotech assets such as the Company's anti-CD20 monoclonal antibodies, results of clinical trials data, patents and other IP
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GigOptix, Inc. (OTCBB:GGOX)
PALO ALTO, Calif—May 3-- GigOptix, Inc. (OTCBB:GGOX), a leading supplier of electronic and electro-optic semiconductor products for fiber-optic communications systems today announced that its GX3240, a high performance 40G RZDQPSK receiver amplifier, has entered mass production and is shipping in volume to a Tier 1 telecom OEM.
The GX3240 is a high gain, broad bandwidth, and low power differential amplifier in a compact 3x3mm QFN form factor that is capable of directly driving a 40G de-multiplexer. The product was developed through close collaboration with a Tier 1 telecom OEM consistent with GigOptix's strategy of partnering with industry leading customers to define and drive commercialization.
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Zevotek, Inc., (OTCBB:ZVTK)
NEW YORK, May 3, 2010 -- Zevotek, Inc., (OTCBB:ZVTK) (Frankfurt:T5V1), a worldwide direct marketer and distributor of innovative personal and home care items, today announced that the Company's shares are once again listed on the OTCBB. Market maker Spartan Securities Group, Ltd. received notice from FINRA (Financial Industry Regulatory Authority) that Spartan's April 27, 2010 application for OTCBB listing of Zevotek common stock was cleared effective April 30, 2010. Last week, Zevotek announced that its shares started listing on the OTCQB, a newly created OTCBB competitor for stocks of U.S. registered and reporting companies that are current on their reporting to the SEC. Spartan and other market makers recently chose to make markets in Zevotek shares and other OTC companies on the OTCQB, where maintaining listings is less costly for market makers.
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EnergyConnect Group, Inc. (OTCBB:ECNG)
SAN JOSE, Calif.—May 3-- EnergyConnect Group, Inc. (OTCBB:ECNG), a leading provider of smart grid demand response services and technologies, intends to release its first quarter 2010 financial results after the market closes on May 11, 2010. Management will host a conference call and simultaneous webcast with slide presentation at 4:30 p.m. ET/1:30 p.m. PT, followed by a question and answer session.
To listen to the live call, please dial 877-407-9039 (USA) or 201-689-8470 (International) at least 10 minutes before the call begins.
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Li-ion Motors Corp. (OTCBB:LMCO)
MOORSEVILLE, N.C.—May 3-- Li-ion Motors Corp. (OTCBB:LMCO) www.Li-ionMotors.com, 21st Century Design & Engineering of emission-free automotive propulsion systems using the latest lithium-ion battery technology, is pleased to announce its participation in a one week shakedown event of technical inspections, safety inspections, durability testing and efficiency runs at the Michigan speedway.
Li-ion Motors featured the revolutionary Wave at the Detroit Auto Show, displaying groundbreaking developments the company has made on their emissions free vehicles. Li-ion Motors feels their breakthrough will help change the way the world looks at the automobile and vehicle construction today. From overall electrical engineering to space-age materials, futuristic aerodynamics and a new standard for safety, the company is prominently positioned and ready for the competition. The X-PRIZE competition is intended to inspire a new generation of viable, super fuel-efficient vehicles that offer more consumer choices.
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