latest news releases from the newsroom
Discovery Laboratories, Inc.
Discovery Labs and FDA Reach Clarity On Path Towards Surfaxin RDS Approval
WARRINGTON, Pa., Jan. 22, 2007 (PRIME NEWSWIRE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO) announced today that it has received guidance from the U.S. Food and Drug Administration (FDA) in a recent meeting regarding the key remaining steps necessary for potential approval of Surfaxin(r) (lucinactant) for the prevention of Respiratory Distress Syndrome (RDS) in premature infants. The guidance provides the clarity and the defined pathway that Discovery believes is necessary to address key remaining issues identified in the April 2006 FDA Approvable Letter. Discovery anticipates filing its formal response to the Approvable Letter in September or October 2007, followed by a six-month review cycle by the FDA for potential approval of its New Drug Application (NDA) for Surfaxin.
StockGuru.com Announces Profile Coverage of Dragon Capital Group
DALLAS, Jan. 22, 2007 (PRIME NEWSWIRE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of Dragon Capital Group Corporation (Pink Sheets:DRGV). Dragon Capital Group is a holding company with a majority stake in several emerging technology companies in the People's Republic of China. It was established to cultivate business opportunities in China. The Company focuses on information technology markets for wireless internet applications and mobile business solutions, enterprise management and computerized automation systems integration, network integration and management, as well as other IT products and services. It offers support in the critical functions of general business consulting, formation of joint ventures, access to capital markets, mergers and acquisitions, business valuation, financial management and revenue growth strategies. The current focus of Dragon Capital Group is on the development of 3G-based mobile applications, business solutions and information technology.
D Mecatronics Inc.
D Mecatronics Inc.'s Technology is Clearly Applicable to a Number of Huge Multi-billion Dollar Markets
MISSISSAUGA, Ontario, Jan. 22, 2007 (PRIME NEWSWIRE) -- D Mecatronics, Inc. (Pink Sheets:DMTN) is positioned for rapid revenue growth and strong profitability as the Company's technology is clearly applicable to a number of huge multi-billion markets, including automobile manufacturing, aircraft, large construction equipment, die cutting and other industries requiring robotic fabrication of precision metal components. D Mecatronics Inc. continues to work towards offering savvy investors a realistic opportunity for substantial capital appreciation.
Smart Energy Solutions, Inc.
Smart Energy Solutions' New Product to be Sold by Canadian Tire Corporation
CLIFTON, N.J., Jan. 22, 2007 (PRIME NEWSWIRE) -- Smart Energy Solutions, Inc., (OTCBB:SMGY), inventor and manufacturer of the innovative Battery Brain vehicle aftermarket device, announced today that Canadian Tire Corporation (TSX:CTC) will now be stocking a new version, based upon the Battery Brain platform, in all its 460 stores. Purchase orders have already been received and product is now available on store shelves. A new model, the Eliminator Intelligent Battery Guard, was developed in partnership exclusively for Canadian Tire Corporation. In addition, Canadian Tire Corporation will be supporting the product with extensive advertising, including print and television. Canadian Tire Corporation is Canada's leading automotive and whole goods retailer with 460 stores.
Heritage Oaks Bancorp
Heritage Oaks Bancorp Earns $1.6 Million in Fourth Quarter, With Loan Portfolio Increasing 21 Percent
PASO ROBLES, Calif., Jan. 22, 2007 (PRIME NEWSWIRE) -- Heritage Oaks Bancorp (Nasdaq:HEOP), the parent company of Heritage Oaks Bank, today reported preliminary fourth quarter profits highlighting outstanding loan growth on a year over year basis. Net income for the year was $6.7 million, or $1.01 per diluted share, even with earnings in 2005. For the fourth quarter of 2006, net income was $1.6 million, or $0.25 per diluted share, compared to $1.8 million, or $0.27 per diluted share, in the fourth quarter of 2005.