SavWatt USA, Inc. (Pinksheets:SAVW) pioneers in LED lighting and the Green revolution, announced today that in cooperation with the City of Baltimore, SavWatt will receive grant funds from the Maryland Energy Sector Grant. This million dollar grant will offer companies the ability to take LEED certification classes. LEED is an internationally recognized green building certified program. LEED certification important as many new construction and government projects are required to meet LEED standards. It is imperative for building owners, designers, construction firms and real estate developers to further develop their professional skills by obtaining LEED certification.
SavWatt USA, Inc. has teamed up with the leaders in LEED training, Clean Edison, to offer this LEED AP certification at SavWatt's Baltimore, MD headquarters.
SavWatt USA, Inc. is pleased to announce that it has become an approved member of Energy Star. Having the Energy Star label will enhance the SavWatt USA Inc. brand to the public. Energy Star is a government backed program that helps businesses and individuals protect the environment through superior energy efficiency.
SavWatt USA, Inc. has also been registered with the DOE (Department of Energy) and its Lighting Facts Label. This latest accomplishment along with the launch of its factory for LED tubes in January 2011 has made SavWatt USA, Inc. THE leader and brand in LED lighting.
SavWatt is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. SavWatt is a market-leading innovator of LED lighting. SavWatt's product families include LED fixtures, bulbs, Street Lights and Parking Lights.
Corporate Universe Inc. (PINK:COUV), formerly Inicia Incorporated, announces that it has completed the process to change its name from Inicia Incorporated to Corporate Universe Inc. The trading symbol has been changed to "COUV" on Pink Sheets as of September 21, 2010. In addition, it is anticipated that the previously announced forward split of 10 for 1 will be completed soon. At that time there will be a total of 1,265,716,330 shares of common stock issued and outstanding.
Corporate Universe Inc. is a holding company formed in order to provide a greater range of services to the financial community. Corporate Universe, through its subsidiaries, provides the following services: a full service Transfer Agency, Manhattan Transfer Registrar Company, EDGAR filing services, Q Filings, Proxy and other shareholder printing services and Press Releases.
Corporate Universe Inc. has also established a management consulting division, Advanta Management Consulting, Inc. which provides comprehensive consulting services in the Merger and Acquisitions sector, specializing in assistance to those companies entering the public markets, with either Initial Public Offerings or Reverse Mergers, matching emerging growth companies that are looking to become publicly traded with appropriate shell companies. We can provide our clients with guidance on all aspects of the process, whether an IPO or a reverse merger process, from initial introductions to the actual closing of the deal.
Corporate Universe operates as a multi-media and software development, production, and distribution company. Corporate Universe designs and develops database driven Web sites for its clients on a contract basis under the name i2 Media Lab. Corporate Universe offers brand logos for stationary, cards, and Web sites; brochures and promotional literature; Web site design; database design and programming; Web site programming; software applications for Intranet, Internet, WAN, and LAN; and desktop applications. Corporate Universe also publishes online lifestyle communities and publications under the brand i2 Interactive Media; and produces video broadcast feature films and documentaries. In addition, Corporate Universe provides domain registration, Web site development, Web site management, 3-D animation, and graphic design services. Corporate Universe, Inc. was formerly known as Inicia, Inc. and changed its name in September 2010. Corporate Universe was founded in 2005 is based in New York, New York.
Repros Therapeutics Inc. (Nasdaq:RPRX) announced financial results for the third quarter ended September 30, 2010 and provided an update on corporate actions. Net loss for the three month period ended September 30, 2010, was ($1.2) million or ($0.13) per share as compared to a net loss of ($10.2) million or ($2.64) per share for the same period in 2009. The net loss for the nine month period ended September 30, 2010, was ($3.6) million or ($0.46) per share as compared to a net loss of ($25.9) million or ($6.77) per share for the same period in 2009. As stated above, all share and per share amounts have been retroactively adjusted to reflect the reverse stock split for all periods presented. The decrease in loss for both the three and nine month periods ended September 30, 2010 as compared to the same period in 2009 was primarily due to decreased expenses in clinical development for Proellex® and Androxal®.
Repros Therapeutics, Inc., a development stage biopharmaceutical company, focuses on the development of oral small molecule drugs for the treatment of male and female reproductive disorders.
American Electric Technologies, Inc. (Nasdaq:AETI) announced the results for the fiscal third quarter and nine months ended September 30, 2010. Total sales for the three months ended September 30, 2010, were $10.5 million, an increase of 26% from the June 30, 2010 quarter. The Company reported a net loss for the third quarter of $340,106 ($.04 per basic and diluted share), an improvement from the second quarter's net loss of $1.1 million.
American Electric Technologies, Inc., through its subsidiaries, primarily offers power distribution, control, and drive systems for drilling, marine, and industrial applications. It operates through three segments: Technical Products and Services (TP&S), Electrical and Instrumentation Construction (E&I), and American Access (NYSE:AAT).
Derma Sciences Inc. (Nasdaq:DSCI) reported financial and operating results for the three and nine months ended September 30, 2010. Highlights of the third quarter of 2010 and recent weeks include: Net sales increased 17% to $15.1 million from $12.9 million in the third quarter of 2009, Advanced wound care product sales increased 38% to $3.1 million from $2.3 million in the prior year third quarter and increased 19% from $2.6 million in the second quarter of 2010, Core product sales (all other sales) increased 13% to $12.0 million from $10.6 million in the third quarter of 2009, Gross margin declined to 29.3% in the third quarter of 2010 from 31.4% in the third quarter of 2009, due principally to higher manufacturing costs .These cost issues, combined with incremental investment in sales, marketing and clinical support resulted in a net loss of $502,552, compared with net income of $139,603 in the prior year third quarter .
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