latest news releases from the newsroom
Vision-Sciences, Inc. Announces Results for Second Fiscal Quarter Ended September 30, 2007
ORANGEBURG, N.Y., Nov. 14, 2007 (PRIME NEWSWIRE) -- Vision-Sciences, Inc. (Nasdaq:VSCI) ("Vision-Sciences" or the "Company") today announced results for its fiscal 2008 second quarter ended September 30, 2007 ("Q2 08"). For Q2 08, revenues were $3.1 million, an increase of 36% compared to $2.3 million for fiscal 2007 quarter ended on September 30, 2006 ("Q2 07"). Net loss for Q2 08 was $1.3 million, or $0.04 per diluted share, compared to a net loss of $1.3 million, or $0.04 per diluted share in Q2 07.
Silver Horn Mining Ltd.
World Energy Solutions Appoints Rear Admiral Wilson to Advisory Board
ST. PETERSBURG, Fla., Nov. 14, 2007 (PRIME NEWSWIRE) -- World Energy Solutions, Inc. (OTCBB:WEGY), a company focused on energy conservation technologies and environmental sustainability, reports that Rear Admiral TJ Wilson has agreed to join the company's advisory board. Admiral Wilson will assist in the commercialization of the Company's hydrogen-oxygen energy technology and will provide strategic support for the market launch of the company's patented 'Pure Air' technology.
Avantair Inc. Secures $11.2 Million Private Placement of Preferred Stock
CLEARWATER, Fla., Nov. 14, 2007 (PRIME NEWSWIRE) -- Avantair Inc. (OTCBB:AAIR) (OTCBB:AAIRU) (OTCBB:AAIRW) ("Avantair"), the only publicly traded stand-alone fractional operator and the exclusive provider of fractional shares in the Avanti P.180 aircraft, today announced that it has closed on an initial private placement of 112,000 shares of its Series A Convertible Preferred Stock for an aggregate gross purchase price of $11.2 million. The Company plans to use the net proceeds from the private placement for working capital purposes to continue its growth momentum in the fractional share space.
Globalstar, Inc. Announces Results for Third Quarter of 2007
MILPITAS, Calif., Nov. 14, 2007 (PRIME NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses, government and individuals, today announced its financial and operational results for the three and nine months ended September 30, 2007.