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Acro, Inc. (OTCBB: ACRI)
CAESAREA, ISRAEL-- 05/03/10 -- Acro, Inc. (OTCBB: ACRI), a leading manufacturer of explosive detection solutions for the homeland security market and related sectors, today announced a new purchase order for its popular ACRO-ETK5 Plus explosives detection kit from an international government agency. The purchase order will be shipped in two weeks, and will be used in the field to detect a wide range of materials used in explosives.
"This product has been successfully used by Israeli Port Authorities and security forces of other countries around the world," said Gadi Aner, President and Chief Executive Officer of Acro, Inc. "This newest purchase order demonstrates our ability to successfully grow our base of customers and increase market adoption for our products."
The ETK5 Plus enables simple, rapid and reliable detection of persons engaged in preparing, handling or carrying explosive charges and allows for fast screening of suspects in the field. The kit aids in detection through exposure and proof of contact contamination of various surfaces by explosives.
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China Medicine Corporation (OTC Bulletin Board: CHME)
GUANGZHOU, China, May 3 -- China Medicine Corporation (OTC Bulletin Board: CHME) ("China Medicine" or "the Company"), primarily a manufacturer, leading distributor and developer of Western pharmaceuticals, traditional Chinese medicines ("TCM"), and other nutraceuticals, today appointed Mr. Fred Wai-Kuen Cheung as its Chief Financial Officer. The Company also announced that its board of directors has nominated three new directors to stand for election at its annual meeting of stockholders on May 27, 2010.
Mr. Cheung brings over 18 years of professional expertise in auditing, financial and general management through his experience working with a "Big Four" auditing firm, a multi-national corporation, a private equity fund, and public and private companies based in Asia. Prior to joining China Medicine, Mr. Cheung was an investment manager at CLSA Capital Partners (HK) Ltd. Previously, Mr. Cheung was the financial controller for Podium Development Co., Ltd. in Hong Kong and China. Mr. Cheung also worked at VTech Holdings Limited for more than four years, holding various senior positions. Mr. Cheung was the accounting manager for DuPont China Ltd., stationed in Shenzhen, PRC for over three years. Mr. Cheung began his career at Deloitte Touche Tohmatsu focusing on auditing for over three years. Mr. Cheung has a bachelor's degree in Accountancy from Hong Kong Polytechnic University. Mr. Cheung received his CPA from the Hong Kong Institute of Certified Public Accountants in January 1997 and ACCA from the Association of Chartered Certified Accountants in April 1995.
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Alternate Energy Holdings, Inc. (OTCBB:AEHI)
BOISE, Idaho, May 3, 2010 -- Alternate Energy Holdings, Inc. (OTCBB:AEHI) today announced an open house and press conference for its first, recently completed, Energy Neutral(TM) home, located in Boise.
Date: Monday, May 3, 2010
Time: 2:00 PM local time (4:00 PM ET)
Address: 12963 Scotfield Ct., Boise ID 83713
Don Gillispie, CEO of Alternate Energy Holdings, commented, "Energy Neutral(TM) began building this home in November 2009 and within a few months we had accomplished our goal -- not just a highly efficient, energy-conscious home using renewables, but most importantly, a home that produces its own power and remains affordable."
The Energy Neutral home will remain a model for several months after which it will be sold at a competitive price compared with traditional homes of similar size on the market in nearby neighborhoods that lack the sophisticated energy-conservation technologies of this home. Mr. Gillispie continued, "People of all income levels will soon have the ability to buy a renewable home that can start paying for itself the moment it's turned on"
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CrowdGather (OTCBB:CRWG)
WOODLAND HILLS, Calif.—May 3-- One of the leading networks of forum communities on the Internet, CrowdGather (OTCBB:CRWG), today announced that it has completed a non-brokered, private placement of $450,000 comprising 428,571 shares of common stock priced at a discount to the Company's volume weighted average share price as of April 28, 2010. Additionally, 215,285 warrants to purchase CrowdGather's common stock at the closing price on April 28th were also issued to the investor. CrowdGather intends to use the proceeds for continued acquisitions for its forum network as well as for working capital purposes.
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ImmunoCellular Therapeutics (OTCBB: IMUC)
LOS ANGELES—May 3-- ImmunoCellular Therapeutics (OTCBB: IMUC) announced today it has filed an orphan drug application with the U.S. Food and Drug Administration (FDA) for its cancer treatment candidate ICT-107. ICT-107 is a dendritic-cell based cancer vaccine product which targets glioblastoma multiforme (GBM), the most prevalent, aggressive and malignant form of primary brain tumors.
"By harnessing the body's own immune system, ICT-107 has been shown to keep glioblastoma patients free of disease for significantly longer than has been seen with current standard treatments," said Manish Singh, Ph.D., ImmunoCellular Therapeutics' president and CEO. "We are applying for orphan drug status with the goal of advancing this promising cancer vaccine candidate to market as efficiently as possible."
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