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  • Edward Myles Joins Advanced Cell Technology, Inc. (ACTC) As Chief Financial Officer

    Leader in the field of regenerative medicine, Advanced Cell Technology today announced the appointment of Edward "Ted" Myles, CPA, as Chief Financial Officer and as Executive Vice President of Corporate Development. Myles will bring nearly 20 years of progressive finance and operations expertise in the life sciences industry.

    Gary Rabin, chairman and CEO of ACT, stated, "Ted joins our team as we plan to list our stock on a national exchange and expand our shareholder base. Our ongoing clinical activities and pre-clinical research show promising results, and it is imperative that the operating team of the Company continue to support these exciting developments." Rabin continues, "Ted's experience engaging the life sciences investment community and leading corporate development and operational activities will enhance our ability to advance these programs so that we can continue to achieve clinical milestones."

    Myles commented, "ACT has made remarkable progress resolving the corporate issues that hindered the Company in the past. This provides a sound foundation from which we can build long-term relationships with institutional investors as ACT advances its promising clinical and pre-clinical programs. I look forward to working with the ACT team and with all of the Company's stakeholders."

    Myles will be coming over from PrimeraDx, a privately held molecular diagnostics company where he sat as Chief Financial Officer and as Vice President of Operations. First joining the company in 2008, Myles helped to bring PrimeraDx to market from first conception. Prior to PrimeraDx, he served as Chief Financial Officer and Senior Vice President of life science tools company, Pressure BioSciences. While there he oversaw all compliance activities, investor relations, and oversaw many company transitions.

    Earlier on in Myles career, he held financial roles with companies such as EMD Pharmaceuticals, SG Cowen Securities Corporation, Boston Biomedica, and PriceWaterhouseCoopers. Additionally he holds a master's degree from Washington University in St. Louis in business administration with an emphasis on strategy and corporate finance. He also holds a bachelor's degree in business administration from the University of Hartford. Myles became a Certified Public Accountant in 1996.

    For more information, visit advancedcell.com

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Tags: ACTC.OB
    May 23 1:40 PM | Link | Comment!
  • AXION International Holdings, Inc. (AXIH) Welcomes Third Canadian Customer To Purchase ECOTRAX Rail Ties

    Recycled plastic and plastic composite technologies leader AXION International Holdings announced it has received a purchase order from Edmonton Light Rail Transit, a new customer, for ECOTRAX specialty rail ties. Edmonton Light Rail Transit will utilize AXION's composite rail ties - made from the company's patented, 100% recycled plastic formulation - where the transit line's rail tracks intersect with roads.

    More than 150,000 pounds of plastic was removed from the landfill stream and converted into high-performance ties in filling this purchase order. Impervious to insect infestation, ECOTRAX rail ties will also not rot or absorb moisture. The ties meet and exceed all specifications of the American Railway Engineering and Maintenance-of-Way Association and are tested continuously at third-party laboratories and in track.

    Edmonton Light Rail Transit will be AXION's third Canadian customer, joining the numerous transit lines throughout the world that have installed ECOTRAX.

    In contrast with traditional wood ties, ECOTRAX ties offer unique benefits and advantages for cold northern climates. Salt, which is regularly used for road safety in heavy snowfall and ice formation during winter months, can damage and reduce the life of traditional wood ties when it becomes entrapped under road crossings. ECOTRAX ties, however, are fully resistant to salt. Because they're not porous and do not absorb moisture, ECOTRAX ties also stand up to freeze-thaw cycles, during which water gets into wood, freezes and then thaws again - resulting in the weakening and rapid deterioration of traditional wood ties. Offering longevity, ECOTRAX provides customers with a higher ROI as well as the added environmental benefits of recycling plastic waste and reducing the harvesting of trees.

    "We are pleased to have the opportunity to work with Edmonton on their first purchase order of ECOTRAX ties, which are engineered to deliver high value and durability - particularly in road crossing applications in northern climates," said AXION's ECOTRAX Sales Manager Cory Burdick.

    "We're encouraged by the number of new customers purchasing and installing ECOTRAX," added AXION President and CEO Steve Silverman. "The ROI metrics of our composite ties are becoming very clear to purchasing decision makers. With every purchase order, we display AXION's capacity to consistently manufacture product to the highest specifications in the industry and deliver on, or ahead of, schedule."

    A green technology company, AXION is engaged in transforming waste plastics into structural building materials. Utilizing consumer and industrial plastics that are 100% recycled, AXION develops, markets, and sells its recycled structural composite products through its ECOTRAX composite rail tie and STRUXURE building material product lines. AXION provides tested and proven superior green solutions for infrastructure needs throughout the world - from the railroading industry to the military and global engineering firms.

    For more information, visit AXIH.com

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Tags: AXIH.OB
    May 23 1:39 PM | Link | Comment!
  • DoMark International, Inc. (DOMK) Invests In New Multimedia Games Product Developer

    Today before the opening bell, DoMark International, a mobile accessory supplier, announced the acquisition of 29% of the equity capital of Imagic Ltd.

    Imagic, a private company, has developed a mobile accessory product for use with major smartphone manufacturers. DoMark will share a more detailed description of the product nearer to its launch date later this year in the USA and global markets. This investment was made in a combination of cash and shares totaling a value of $580,000.

    DoMark CEO, Andy Ritchie stated, "This is a uniquely innovative product which we believe to have a huge potential appeal to multi-media games players, and improves the user experience while playing games on mobiles and on TV. Mobile content revenues are due to rise from $40 Billion this year to $65 Billion in 2016 of which games form the greater part. This product adheres to DoMark's investment criteria, in that it is patent pending, mass market, and game changing with excellent sales margins."

    Mr. John Bentley, who has recently joined the Board of Imagic as a director, has accepted an invitation to join the DoMark Board in due course to assist in the liaison between DoMark and Imagic nearer to the time of the launch of the Imagic product. Previously the Chairman of the UK's largest toy company, Bentley would join DoMark with extensive experience worldwide in media, movies, video, and digital games in listed UK companies he has directed. He was the original creator and instigator of Internet on TV which he developed and launched in the USA nearly two decades ago through a privately held company, Viewcall America, whose business was later sold to a subsidiary of Oracle Corporation Inc.

    For more information on DoMark International, visit domarkintl.com

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Tags: DOMK.OB
    May 23 10:47 AM | Link | Comment!
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