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EnerNoc (Nasdaq: ENOC) $16.17. Today announced its strong support for the Order issued by the Federal Energy Regulatory Commission (FERC) on June 3, 2011 regarding the methodology for valuing demand response resources in PJM's capacity market.
In its Order, FERC ruled that "PJM's proposed tariff changes have not been shown to be just and reasonable and may be unjust, unreasonable, unduly discriminatory or preferential or otherwise unlawful." Accordingly, FERC suspended PJM's filing for the maximum allowable period provided by law and, in doing so, affirmed existing market rules through the full compliance period of the 2011/2012 delivery year.
What They Do: EnerNOC unlocks the full value of energy management for our utility and commercial, institutional, and industrial (C&I) customers by reducing real-time demand for electricity, increasing energy efficiency, improving energy supply transparency in competitive markets, and mitigating emissions.
SCM Microsystems, a leading provider of solutions for secure access, secure identity and secure exchange and a business unit of Identive Group, (Nasdaq: INVE) $2.22. Today announced its SCM3712 commercial NFC reader module, a compact add-on that enables NFC (Near Field Communication) peer-to-peer functionality for a wide range of devices and equipment, from handheld card readers to POS terminals to vending machines. The reader can be plugged into an existing commercial device to make it NFC ready and enable contactless, secure data exchange for applications such as cashless payments, ticketing, electronic ID and loyalty couponing. The SCM3712 NFC reader module is available now to OEMs and systems integrators.
"NFC technology is becoming increasingly important across a range of markets because it delivers the convenience of a "tap and go" user experience in a way that is highly secure," said Michael Ganzera, Vice President Business Development and Marketing for SCM Microsystems. "System integrators are requesting NFC-enabling technology that is flexible and can be easily integrated into their equipment designs to accelerate time to market for new contactless products. The SCM3712 reader module from SCM Microsystems addresses this need with industry leading contactless technology that helps equipment suppliers participate fully in the emerging NFC eco-system."
What They Do: Identive Group, Inc. is a leading provider of products, services and solutions for the security, identification and RFID industries.
BioSante Pharmaceuticals (Nasdaq: BPAX) $3.01. Today announced that the FDA’s clinical hold on the GVAX Prostate Cancer Vaccine (GVAX Prostate) for the treatment of prostate cancer has been lifted by FDA. Manufacturing of new GVAX Prostate is complete, and planning for a Phase II clinical trial at the Johns Hopkins Kimmel Cancer Center is underway.
BioSante funded the manufacturing of GVAX Prostate, and the trial will be supported in part by the Prostate Cancer Foundation. Important start-up funding for this study was provided by the OneInSix Foundation.
What They Do: BioSante is a specialty pharmaceutical company focused on developing products for female sexual health and oncology.
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