Check Point Software Technologies Ltd. (Nasdaq:CHKP) announced that Amnon Bar-Lev has been promoted to the role of President of the company,. As President of Check Point, Bar-Lev will continue to head the company's customer-facing functions, including sales, marketing, business development, technical services and global partner programs. He will continue to report to Gil Shwed, the company's founder, chairman and CEO.
Check Point Software Technologies Ltd. develops, markets, and supports a range of software, and combined hardware and software products and services for information technology (NYSE:IT) security applications worldwide.
Cleantech Transit Inc (OTCPK:CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value.
Cleantech Transit, Inc. (OTCPK:CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
Biomass is derived from sources like plants and animals, in short, sources which are replaceable. Plants can be generated over and over again on the same piece of land without incurring any extra cost. Therefore, the raw material is readily available for use and makes for great renewable energy sources.
Bioenergy is the conversion of biomass resources such as agricultural and forest residues, organic municipal waste and energy crops into useful energy carriers including heat, electricity and transport fuels.
Biomass uses the waste material and converts it into an energy source. Therefore it reduces the instances of garbage being dumped and causing air pollution. Biomass helps to reduce the levels of methane (which is released due to the decomposition of organic matter) in the air. Methane leads to the greenhouse effect and is thus, extremely harmful for the environment. By using the organic wastes before they release methane, biomass proves to be a savior. So also, growing the plants that are used as raw material for biomass, lead to more oxygen emissions and lessened carbon dioxide emissions.
Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
The technology used by Phoenix Energy to turn your waste from industry agriculture and forestry into power has many environmental benefits. Phoenix Energy is deeply committed to their customers both in reducing their costs of operation and in helping them be good corporate citizens, having a positive impact on the environment. By installing wood waste gasification systems customers help to:
o Reduce greenhouse gas emissions
o Reduce the amount of toxic pollutants in the atmosphere
o Save landfill space from taking up more of our landscape and Reduce groundwater contaminants
o Improve energy security and reduce dependence on foreign sources of energy
For more information about CLNO, visit www.cleantechtransitinc.com
Constant Contact, Inc (Nasdaq:CTCT) has opened an office in New York City, its fifth office in the U.S. Located in The Bendheim Building at 122 Hudson Street in Tribeca, the 2,850 square- foot space will serve as the hub for the company's growing Ruby on Rails development team responsible for integrating social CRM technology into all of Constant Contact's marketing tools for small businesses and nonprofits, including email marketing, social media marketing, event marketing and online surveys.
Constant Contact, Inc. provides on-demand email marketing, social media marketing, event marketing, and online survey solutions primarily in the United States.
ScanSource, Inc. (Nasdaq:SCSC) announced that sales results for its quarter ended June 30, 2011 are expected to be in the range of $724 million to $734 million, compared to $582 million for the same period one year ago. On our August 18, 2011 quarter- and fiscal year-end conference call, ScanSource executives will provide sales results by geographies and product areas, net earnings, and a forecast for the following quarter.
ScanSource, Inc. operates as a wholesale distributor of specialty technology products to resellers.
Cubist Pharmaceuticals Inc. (Nasdaq:CBST) announced results for the second quarter ended June 30, 2011. Cubist Pharmaceuticals 2Q11 Total Net Revenues up 5% from 2Q10 to $176.8 Million. 2Q11 Net U.S. Product Revenues up 9% over 2Q10. Non-GAAP Basic and Diluted Net Income of $0.76 and $0.59 per share, respectively, for 2Q11.GAAP Basic and Diluted Net Loss of $0.34 per share for 2Q11. Pipeline highlights - CXA-201 and CB-183,315 positive Phase 2 top-line data
Cubist Pharmaceuticals, Inc. operates as a biopharmaceutical company focused on the research, development, and commercialization of pharmaceutical products that address unmet medical needs in the acute care environment.
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