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FSI International, Inc. (Nasdaq:FSII), a leading manufacturer of surface conditioning equipment for microelectronics manufacturing, announced that it received a repeat ORIONÂ® single wafer cleaning system order from a leading foundry producer. The order is expected to ship in the fourth quarter of fiscal 2011. The customer will use the system for back-end-of-line (BEOL) cleaning processes. Foundry and logic manufacturers are finding low-k materials and metal film stacks used for advanced devices are much more sensitive to wet cleaning than previous generations of BEOL processes. The closed chamber technology of the ORIONÂ® system has demonstrated highly efficient removal of etch and ash by-products without causing galvanic corrosion or changes in metal and dielectric film properties.
FSI International, Inc. is a global supplier of surface conditioning equipment, technology and support services for microelectronics manufacturing. Using the company's broad portfolio of cleaning products, which include batch and single-wafer platforms for immersion, spray, vapor and cryogenic aerosol technologies, customers are able to achieve their process performance flexibility and productivity goals. For more information, visit FSI's website at http://www.fsi-intl.com.
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. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company's manufacturing clients worldwide.
Biomass is a renewable energy source because we can always grow more trees and crops, and waste will always exist. Some examples of biomass fuels are wood, crops, manure, and some garbage. When burned, the chemical energy in biomass is released as heat. If you have a fireplace, the wood you burn in it is a biomass fuel. Wood waste or garbage is burned to produce steam for making electricity, or to provide heat to industries and homes.
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.
Please visit Cleantech Transit, Inc. website www.cleantechtransitinc.com.
iGo, Inc. (NASDAQ:IGOI), the most trusted name in the mobile accessory market, is introduced an innovative headphone line specifically designed to maximize the listening experience from iPods and smartphones. The new line, which is championed by basketball legend Shaquille O'Neal, offers outstanding sound quality and sleek, eye-catching designs that are perfect for work, travel or at home.
iGo, Inc. and its subsidiaries engage in the design, development, manufacture, and distribution of power products for high-power and low-power mobile electronic devices. The company was formerly known as Mobility Electronics, Inc. and changed its name to iGo, Inc. in May 2008. iGo, Inc. was founded in 1995 and is based in Scottsdale, Arizona.
Zalicus Inc. (NASDAQ:ZLCS) a biopharmaceutical company that discovers and develops novel treatments for patients suffering from pain and immuno-inflammatory diseases announced the initiation of the SYNERGY trial, a Phase 2b clinical trial evaluating Synavive™, a low-dose glucocorticoid with the potential for amplified immuno-inflammatory benefits, in patients with rheumatoid arthritis (NYSE:RA). Top-line results of the clinical trial are expected to be available in the second half of 2012. In addition, Zalicus has drawn an additional $8.5 million from its $20.0 million secured credit facility with Oxford Finance to fund Synavive advancement.
Zalicus Inc., is a biopharmaceutical company that discovers and develops novel treatments for patients suffering from pain and immuno-inflammatory diseases. To learn more about Zalicus, please visit www.zalicus.com.
PriceSmart, Inc. (NASDAQ:PSMT) announced that for the month of June 2011, net warehouse club sales increased 21.1% to $137.9 million, from $113.9 million in June a year earlier. For the ten months ended June 30, 2011, net warehouse club sales increased 22.7% to $1,377.1 million from $1,122.6 million for the ten months ended June 30, 2010. There were 28 warehouse clubs in operation at the end of June 2011 and 27 warehouse clubs in operation at the end of June 2010. For the four weeks ended July 3, 2011, comparable warehouse sales for the 26 warehouse clubs open at least 13 1/2 full months increased 19.7%, compared to the same four-week period last year. For the forty-three week period ended July 3, 2011, comparable warehouse sales increased 17.9%, compared to the comparable forty-three week period a year ago.
PriceSmart, headquartered in San Diego, owns and operates U.S.-style membership shopping warehouse clubs in Central America and the Caribbean, selling high quality merchandise at low prices to PriceSmart members.
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