latest news releases from the newsroom
Upstream Worldwide, Inc.
Money4Gold Holdings, Inc. Completes Record Third Quarter
BOCA RATON, Fla., Oct. 6, 2009 (GLOBE NEWSWIRE) -- Money4Gold Holdings, Inc. (OTCBB:MFGD), the leading public company offering cash to consumers for unwanted gold and precious metal jewelry, is pleased to announce that the Company will report record revenues for any quarter with gross revenue expected to exceed $6,000,000 for the third quarter ended September 30, 2009.
Cerner Clients Connect to Fight Spread of Influenza
KANSAS CITY, Mo., Oct. 6, 2009 (GLOBE NEWSWIRE) -- The U.S. Department of Health and Human Services (HHS) and the Centers for Disease Control (CDC) are collaborating with Cerner to create the Flu Pandemic Initiative, a secure, HIPAA-compliant, rapid detection network for the influenza virus, including H1N1. The new initiative will supply each state's public health department, Cerner (Nasdaq:CERN) clients and the CDC with situational awareness information to help communities triage resources. Currently it takes up to four days to aggregate this information; now it can be available in near-real time.
Rovi's Media Networking Solution Enables CE Devices to Play Content From Windows 7
SANTA CLARA, Calif., Oct. 6, 2009 (GLOBE NEWSWIRE) -- Rovi Corporation (Nasdaq:ROVI) today announced that consumers using devices built with the latest edition of Rovi's Connected Platform media networking software will be able to find, play and share content (such as movies, TV shows, music and photos) stored on Windows(R) 7-based PCs.
Avro Energy, Inc.
Avro Energy Announces Successful Recompletion of the Herring No. 1 Well and Two Wells of the Muslow Leases
VIVIAN, La., Oct. 6, 2009 (GLOBE NEWSWIRE) -- Avro Energy, Inc. (OTCBB:AVOE) is pleased to confirm that further to its news release dated September 29, 2009, recompletion work on the Herring no. 1 well located near Hosston, Louisiana, has been completed. After successful recompletion, work crews confirmed that oil was being pumped to the holding tank.
Geller Biopharm Advisor to Threshold Pharmaceuticals, Inc.; Threshold Completes $35M PIPE
NEW YORK, Oct. 6, 2009 (GLOBE NEWSWIRE) -- Matthew Geller, Ph.D., as a managing director of Reedland Capital Partners, an Institutional Division of Financial West Group, has co-led a $35 million Private Equity Offering for Threshold Pharmaceuticals, Inc. (Nasdaq:THLD). Dr. Geller has also served as an advisor to Threshold Pharmaceuticals since September of 2008. On October 5, 2009, Threshold completed a private placement of Threshold common stock and warrants with a select group of investors that includes Federated Kaufmann Fund, Frazier Healthcare Ventures and Great Point Partners, LLC. Threshold sold approximately 18.3 million shares of its common stock and warrants to purchase up to approximately 7.3 million shares of its common stock for gross proceeds of approximately $35 million. Each unit, consisting of one share of common stock and a warrant to purchase 0.4 of a share of common stock, has been sold at a purchase price of $1.91, which is equal to the consolidated closing bid price of the common stock as reported on the Nasdaq Capital Market on September 29, 2009, plus $0.05.
Rockwell Medical, Inc.
Rockwell Medical Technologies, Inc. Appoints Jur Strobos M.D. to Scientific Advisory Board
WIXOM, Mich., Oct. 6, 2009 (GLOBE NEWSWIRE) -- Rockwell Medical Technologies, Inc. (Nasdaq:RMTI), a fully-integrated biopharmaceutical company offering innovative products and services targeting end-stage renal disease (ESRD), chronic kidney disease (CKD), and iron deficiency anemia, reported today that it has added Jur Strobos M.D. to its Scientific Advisory Board (SAB). Rockwell's SAB currently advises the Company on clinical development for its proprietary iron-maintenance drug SFP, currently in FDA clinical development.
Threshold Pharmaceuticals, Inc.
Threshold Pharmaceuticals Completes $35 Million Private Equity Financing
REDWOOD CITY, Calif., Oct. 6, 2009 (GLOBE NEWSWIRE) -- Threshold Pharmaceuticals, Inc. (Nasdaq:THLD), today announced the completion of its previously announced private placement of common stock and warrants. Investors in the offering purchased units consisting of one share of common stock and a warrant to purchase 0.4 of a share of common stock at a purchase price of $1.91, which is equal to the consolidated closing bid price of the common stock as reported on the NASDAQ Capital Market for September 29, 2009, plus $0.05. The warrants have an exercise price equal to $2.23 per share, subject to adjustment under certain circumstances, and an expiration date of October 5, 2014. The Company raised gross proceeds of approximately $35 million and issued approximately 18.3 million shares of common stock and warrants to purchase approximately 7.3 million shares of common stock.