Car Charging Group, Inc. (OTCBB:CCGI)
MIAMI BEACH, Fla., May 3, 2010 -- Car Charging Group, Inc. (OTCBB:CCGI) today announced that Michael D. Farkas has joined the company as Chief Executive Officer and a member of the Board of Directors. Mr. Farkas will spearhead the company's efforts to build-out a nationwide electric car charging infrastructure.
"This is a major coup for a young company to land a business leader with such experience," said Andy Kinard, President of Car Charging Group. "With Michael on board to manage our capital markets and business development efforts, I am confident that he will help establish Car Charging as a major player in the electric car industry."
"The potential for electric vehicles has been talked about for decades, but with an estimated 40 million plug-in electric vehicles expected to be on the road by 2030, Car Charging is at the forefront of the electric car revolution," said Farkas. "I am excited to join the company as it continues to develop the game-changing standardized charging infrastructure that will finally make electric vehicles a reality."
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Northstar Electronics,Inc. (OTCBB: NEIK)
VANCOUVER, BC -- 05/03/10 -- Northstar Electronics,Inc. (OTCBB: NEIK) announced today that its subsidiary, Northstar Network, Ltd., has been awarded additional work by L-3 Communications MAPPS Inc. (L-3 MAPPS) for the Halifax Class frigates trainer program. This new work will consist of the design and building of prototype Landing Safety Officer Control Panels (LSOCP), Local Operator Panels for the Trainers (LOP Trainers), and a prototype Power Data Distribution Box (PDDB) for the Bus Access Module (BAM) system. The work builds on the console and trainer systems that Northstar currently manufactures for L-3 MAPPS.
"The continued broadening of our contracts with L-3 MAPPS is a direct result of the value and quality we provide our customers. Our dedicated engineering, quality management and project management teams provide world-class support to L-3, ensuring that the delivered products meet or exceed the customer's requirements," said Howard Nash, President of Northstar Network.
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Advaxis, Inc. (OTCBB: ADXS)
NORTH BRUNSWICK, N.J.—May 3-- Advaxis, Inc. (OTCBB: ADXS), the live, attenuated Listeria monocytogenes (Lm) immunotherapy company, will host an investigator's meeting in Mumbai, India with twenty (20) of the country's leading oncologists. The meeting is set for May 7-8, 2010 and will help prepare for the initiation of a multicenter study of their lead compound, ADXS11-001 for the treatment of advanced, metastatic cervix cancer in women who have failed cytotoxic therapy.
Investigators from Apollo Hospitals Research Foundation, Tata Memorial Centre, Chittaranjan National Cancer Institute and other sites of clinical excellence will discuss Advaxis' work, the experimental protocol to be conducted and the execution of the clinical trial.
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BioNeutral Group, Inc. (OTCBB:BONU)
NEWARK, N.J.—May 3-- BioNeutral Group, Inc. (OTCBB:BONU), a specialty chemical technology-based life science company, reports that it has received test results from ATS Labs indicating that its Ygiene(TM) hospital-grade antimicrobial has passed the stringent sporicidal GLP test requirements for hospital and medical environment sporicide efficacy claims in Canada and Australia.
This key test demonstrated that Ygiene(TM) hospital-grade antimicrobial eliminated harmful spores in only 20 minutes. With the completion of the required GLP testing, BioNeutral is now positioned to apply for approval of its Ygiene(TM) hospital-grade antimicrobial as a bactericide, fungicide and sporicide with Health Canada under the Food and Drug Act (see http://www.hc-sc.gc.ca/index-eng.php) and in Australia with the Department of Health and Aging Therapeutic Goods Administration (see http://www.tga.gov.au). BioNeutral Group intends to proceed with these approvals and commercialize Ygiene(TM) hospital-grade antimicrobial in these countries
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China Kangtai Cactus Biotech Inc. (OTCBB: CKGT)
HARBIN, China--(May 3)-- China Kangtai Cactus Biotech Inc. (OTCBB: CKGT), a vertically integrated grower, developer, manufacturer and marketer of a variety of cactus-based products in China, announced today that it has entered into a termination agreement with Seaside 88, LP ("Seaside") whereby the parties agreed to mutually terminate the Common Stock Purchase Agreement, dated November 5, 2009, between the company and Seaside 88, LP (the "Purchase Agreement") with no further obligations.
With the early termination of China Kangtai's common stock purchase agreement with Seaside 88, LP relating to the offering and sale of up to 2.1 million shares, the company has not incurred any early termination penalties and there are no further obligations outstanding under the Purchase Agreement.
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