Easy Energy (OTCBB: ESYE) Closed at $0.09. Today announced that it has completed finalization of the design of the smaller of its two models of YoGen® chargers and is now ready to outline its timetable for placing the two YoGen® models into mass production.
The company has reached the point where it is now able to provide a timetable for the process of ramping up commercial mass production of both models of the YoGen® charger. The tooling is either under construction or completed and many components are already in hand. Easy Energy anticipates the first assembly pilot run of 100 units to begin on March 11, 2009, followed by an assembly pilot run of 1000 units beginning on March 27, 2009. Mass production of the two models is then planned to be initiated on April 9, 2009.
"We are now seeing the concrete results of all of the planning and hard work it has taken to bring our company to this point in the process of commercializing our breakthrough YoGen® technology," stated Guy Ofir, CEO of Easy Energy, Inc. "In addition to going into mass production with the YoGen® models, we are making great progress on other fronts as well. We intend to soon be announcing more progress regarding those of our products, which are still in development and will also be providing updates on advances pertaining to our marketing and distribution efforts. This is truly an exciting time for Easy Energy."
What They Do: Easy Energy is the sole owner of the YoGen® product suite of compact man-powered generators, which are designed to provide an innovative and effective solution to the currently underserved need of the almost limitless users of portable electronics devices for a power source that will ensure those devices' ability to operate in circumstances in which conventional recharging sources are unavailable. Included in the product line are the basic YoGen®, a slim, pocket-sized charger for small devices such as cell phones, GPS, iPODs, etc., which is operated by a convenient pull-cord; the YoGen Max(TM), a compact, fold-up foot-driven charger for laptop computer-sized devices which also includes its own battery pack; and the most recently prototyped YoGen Bat(TM), which will replace a conventional cell phone battery and provide pull-cord charging capability without the need for a stand-alone charger.
How They Trade: ESYE has a 52 week high of $0.36 and a 52 week low of $0.02.
Millennium Biotechnologies Group (OTCBB: MBTG) Today announced that its clinical recovery and performance trial in Division 1 Athletes will be published in The Journal of Strength and Conditioning Research (``JSCR''). JSCR is the official research journal of the National Strength and Conditioning Association, (``NSCA''). This journal is recognized as the preeminent publication for strength and conditioning coaches worldwide. These thought leaders rely on this journal for the future of leading edge science as applied to their profession.
What They Do: Millennium's six marketed products form an advanced line of nutritional formulas. Resurgex Select(r) is a whole foods-based, calorically dense, high-protein nutritional formula developed for cancer patients undergoing chemotherapy or radiation treatments. Resurgex(r) and Resurgex Plus(r) are specialized, anabolic nutritional supplements rich in antioxidants that provide nutritional support post-treatment.
How They Trade: MBTG has a 52 week high of $0.24 and a 52 week low of $0.015.
IceWEB (OTCBB: IWEB) Today announced it has been awarded a $300,000 contract to provide security access control in a STorage Oriented Architecture (STOA) network environment. The installation will require users to enter two separate pieces of information via the internet/intranet to establish identity and privileges. This two-factor authentication will reduce the risks associated with password-only systems. The system requires authorized users to provide something they know (like a name and PIN) plus something they have (like a smart card or token).
What They Do: Through its own suite of proprietary offerings and partnerships with numerous global technology leaders, IceWEB, Inc. delivers high-performance storage solutions, advanced hardware, software, and online services to U.S. government agencies, enterprise companies, small to medium sized businesses (SMB) and tech-savvy consumers.
How They Trade: IWEB has a 52 week high of $0.65 and a 52 week low of $0.11.
Encompass Group Affiliates (OTCBB: ECGA) Today announced the expansion of its state-of-the-art distribution and repair complex in Lawrenceville, GA to 151,000 square feet. Approximately 51,000 square feet of the Lawrenceville facility is already dedicated to the distribution of consumer electronic parts for Philips digital flat panel display products and office space. Encompass is the primary authorized source of original replacement parts for all Philips digital flat panel display products in the U.S. and Canada. The Philips relationship, initiated this past July, is expected to generate in excess of $12 million in additional annual revenue for Encompass.
What They Do: Encompass Group Affiliates, Inc. (OTC Bulletin Board: ECGA) specializes in the consumer electronic aftermarket service and supply chain, known as reverse logistics. Encompass Group through its wholly-owned subsidiary, Encompass Parts Distribution, Inc. acquires businesses that provide computer and electronic repair services, parts distribution and asset management services.
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