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Advance Nanotech (OTCBB: AVNA) $0.21. Today announced that the Company's majority owned subsidiary, Owlstone Nanotech, Inc., has received a development contract from Crowcon. Crowcon Detection Instruments Ltd, based in the United Kingdom, specializes in developing, manufacturing and marketing innovative, reliable and cost-effective flammable and toxic gas detection equipment. Crowcon, founded in 1970, is a leader in the fields of safety and environmental monitoring.
The contract will take Owlstone's Lonestar detection platform and integrate it into Crowcon's PGSi Programmable Sampling System, a highly versatile system that can monitor up to 32 sample lines sequentially.
What They Do: Advance Nanotech, Inc. (d/b/a Owlstone) is in the process of realigning its business and becoming an operating company focused on its majority owned subsidiary Owlstone Nanotech's next generation chemical detection technology. Owlstone Nanotech, Inc. ("Owlstone") is a pioneer in the commercialization of chemical detection products.
GelTech Solutions (OTCBB: GLTC) . $1.45. Today announced record quarterly revenues for the third fiscal quarter ended March 31, 2009. The Company generated revenues of FireIce and RootGel of $202,549 and $85,699, respectively, for the third quarter, representing total quarterly revenues of $288,248. On a sequential quarter-to-quarter basis (Q3 compared to Q2), FireIce and RootGel revenues were up 32,051% and 295% respectively, and total revenues increased by 1,191%. Comparing third quarter revenues 2009 to fiscal first quarter 2009, revenues of FireIce and RootGel increased 794% and 80% respectively, with an overall growth of 310%.
Michael Cordani, CEO of GelTech Solutions, stated, "We are excited to announce our record growth in revenues. The enormous efforts of our GelTech team are beginning to bear fruit. Based on previously announced agreements, in addition to other potential opportunities in the pipeline, we expect to announce improved results in the next quarter."
What They Do: GelTech Solutions creates innovative, Earth-friendly, cost-effective products that help industry, agriculture, and the general public accomplish environmental and safety goals, such as water conservation and the protection of lives, homes, and property from fires and other dangers. GelTech's dedication to finding global answers to common problems touches its current products and its development pipeline of new and promising innovations.
St. Bernard Softeware(OTCBB: SBSW) $0.12. Today announced that the San Francisco Moscone Center, one of the largest event centers in the United States, is now an iPrism Web Filter customer. Moscone chose iPrism for its ease of use, and its ability to provide 24x7 protection against critical security risks.
What They Do: St. Bernard Software develops and markets Internet security appliances and services that empower IT professionals to effectively, efficiently and intelligently manage their enterprise's Internet-based resources. Originally founded in 1995 as a market-leader in data security with its flagship product, Open File Manager(TM), the company is now recognized for delivering today's #1 Web filtering and security appliance, iPrism®. With millions of end users worldwide in more than 5,000 enterprises, educational institutions, SMB, and government agencies, St. Bernard strives to deliver simple, high performance solutions that offer excellent value to our customers.
Cyalume Technologies (OTCBB: CYLU) $3.00. Today announced a $6.1M purchase order from Rheinmetall Waffe Munition for Mk281 Mod0 and Mod1 ``Green Ammunition'' payloads. The order signifies the U.S. Marine Corps (USMC) continued alignment with the Department of Defense (DoD) and Environmental Protection Agency's initiatives to address Unexploded Ordnance (UXO) issues. Since the Obama administration took office, U.S. military installations have promoted their strong support for green initiatives, with a renewed emphasis on balancing training excellence and range sustainability. The USMC has been recognized in Congress as trendsetters for their Mk281 program.
What They Do: Cyalume Technologies is the world leader in the chemiluminescent industry providing dependable light for uses by militaries, police, fire and other public safety organizations in the U.S., NATO countries and the Middle East. Cyalume's chemical lights are depended on in emergencies such as blackouts, industrial accidents, acts of terrorism and natural disasters.
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