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StockSource.us: Penny Stock & OTCBB News for Aug 5 - KEYO, ARTS, IBPM, ABHD
[August 05, 2010]

StockSource.us: Penny Stock & OTCBB News for Aug 5 - KEYO, ARTS, IBPM, ABHD


Aug 05, 2010 (M2 PRESSWIRE via COMTEX) -- Stocksource.us brings you all the Stocks in the News: KeyOn Communications Holdings Inc. (OTCBB: KEYO), Artfest International Inc. (OTCBB: ARTS), iBio Inc. (OTCBB: IBPM), AbTech Holdings Inc. (OTCBB: ABHD) Receive all the news and alerts first. Sign up for the news letter :http://www.stocksource.us For stock picks and investment community interaction please follow us on http://www.facebook.com/stockp and www.twitter.com/penny_stock KeyOn Communications Holdings Inc. (OTCBB: KEYO) OMAHA, Neb.--(Aug 5)-- KeyOn Communications Holdings Inc. (OTCBB: KEYO), one of the largest providers of wireless broadband, satellite video and voice over Internet protocol (VoIP) services in the United States, announced today it has completed the acquisition of substantially all of the wireless broadband assets of SouthWest Wireless Net, extending the company's network footprint in southwestern Minnesota.



New Vision Co-Op, a rural cooperative in Minnesota, recognized that there were very few available options for broadband in the areas its serves. As a result, New Vision created SouthWest Wireless Net in order to provide its constituents with vital broadband services. SouthWest Wireless Net is KeyOn's third acquisition of broadband assets from regional cooperatives who have deployed wireless networks in effort to provide additional valued services to their members and constituents.

The SouthWest Wireless Net acquisition was completed as part of KeyOn's Rural UniFi acquisition program, a strategic acquisition initiative designed for independent wireless broadband companies to realize immediate value from their networks by combining with KeyOn. The acquisition of SouthWest Wireless Net is KeyOn's fifth in 2010 and tenth overall.


Jason Lazar, KeyOn's Vice President of Corporate Development and General Counsel, stated, "The purchase of SouthWest Wireless Net increases our footprint in Minnesota, adds to our top-line revenues and contributes positive EBITDA immediately. The transaction allows SouthWest's parent company, New Vision Cooperative, to focus on its core grain, feed and agronomy businesses while confidently transitioning its wireless broadband customers to a leading and quality provider of wireless broadband service." Follow our news and alerts with our newsletter sign up today: http://www.stocksource.us *************************************************************************************** Artfest International Inc. (OTCBB: ARTS) DALLAS, TX -- 08/05/10 -- Artfest International, Inc. (OTCBB: ARTS) is pleased to announce that the Company will host an open house to launch its Artchannel subsidiary's new season. The open house will be held on Saturday Aug 21st, 2010. Artchannel will introduce its new Marketing PR Firm and An Advertising Agency, Artfest Television commercials and Infomercials and will announce the new and expanded TV distribution as well as its new Fall Schedule.

Artfest will host the open house at its new Art Channel TV production studio located at 13300 Branch View Dallas, TX 75234. The open house will include a demonstration of its new Starfest RFID chips, an Investor forum hosted by CEO Eddie Vakser, Starfest Direct Business opportunity seminar. There will be a cocktail reception, Brave Art live paintings showcase/presentation and live entertainment. The open house will start at 1pm and run until 10 pm Central Time. Artfest encourages all of its shareholders to attend.

"I'm excited to expand our services and to operate out of a larger facility with more editorial capabilities," stated William Strother, VP of Production, Artchannel TV.

"We are very excited to expand The Art Channel's content production and creative services capabilities. The studio has had great entertainers recording and producing in the facility, including Kelly Clarkson, Alicia Keys,' Ludacris, Shakira, Ryan Tedder, and Todd O'neill. We will increase the revenues and client base by installing several new HDTV Editing Suites, a full animation and graphics department and Film and High Definition Cameras. These new expanded capabilities that Artchannel brings to the facility, will allow clients to have full services from 'script to Screen,'" stated Edward Vakser, CEO.

Artfest recently announced that it's wholly owned subsidiary Art Channel TV has moved its production, master control and broadcast operations to Maximedia Studios. Maximedia is one of the leading television and recording production facilities in the Dallas area. Art Channel TV will now be operating out of a 33,000 square foot facility, which will help meet the future demands. The Company plans to produce various projects such as "Thomas Kinkade's Impressions of Israel Collection" and "Rhupert TV" utilizing this facility. Maximedia Studios has an impressive list of clients from "American Idol" to Jonas Brothers and Mariah Carey, Kenny Chesney, Shakira, and Sister Hazel.

Sign up for our newsletter: http://www.stocksource.us ******************************************************************************** iBio Inc. (OTCBB: IBPM) NEWARK, Del.--(Aug 5)-- iBio Inc. (OTCBB: IBPM) announces the appointment of distinguished infectious disease and vaccine manufacturing and licensing expert Arthur Y. Elliott, PhD, to its board of directors. The addition brings to seven the number of diverse professionals who will help guide the biotech company as clinical trials and other commercialization initiatives utilizing iBio's disruptive plant-based iBioLaunch technology platform proceed.

Dr. Elliott's career includes 16 years with Merck & Co., serving ultimately as Executive Director of Biological Operations, Merck Manufacturing Division, responsible for the bulk manufacture, testing, release and registration of all biological products sold. Dr. Elliott also directed the manufacturing, process development, and other operations of North American Vaccine for six years, and most recently served as consultant to Aventis (Sanofi Pasteur) Pharmaceutical Corporation in its design and implementation of new, highly automated manufacturing facilities for influenza vaccines.

"We are honored to have Dr. Elliott joining our board to help us and our partners roll out our technology platform around the world," said Robert B. Kay, CEO and Executive Chairman of iBio, Inc. "His considerable experience in bringing biological products through research, testing, manufacture, sales and licensing, together with his high-level government and NGO project management and consulting activities, make him a perfect addition to iBio's board." Follow our news and alerts with our newsletter sign up today: http://www.stocksource.us *************************************************************************************** AbTech Holdings Inc. (OTCBB: ABHD) PHOENIX, AZ -- 08/05/10 -- AbTech Holdings, Inc. (OTCBB: ABHD) (the "Company") is pleased to announce that ongoing efforts are underway in order to place AbTech and its water cleaning Smart Sponge technology at the forefront of companies attempting to aid in ongoing, long term, oil cleanup efforts in the Gulf of Mexico, where current estimates suggests the disaster is the largest accidental oil spill in history with 4.9 million barrels of oil released into the Gulf waters.

The Company has registered with the Deep Horizon Command Center, and is a registered vendor in Louisiana, Mississippi, Alabama, Georgia, and Florida. AbTech has also submitted individual and joint consortium proposals to the Interagency Alternative Technology Assessment Program (IATAP) and is currently in various phases of testing with the Incident Command Centers in the Gulf region. Additionally, AbTech's Smart Sponge has been acknowledged by the U.S. Coast Guard as having a "Potential for Benefit" and the Company is working with local contractors in a concerted effort to deploy its products in order to aid in restoring this fragile and valuable environment.

AbTech's Smart Sponge products configured expressly for this tragic event consist of both absorptive and filtration devices offering specific remediation value unlike other commonly used suppression methods. Deployed behind containment booms, oil is absorbed immediately on contact and in published tests Smart Sponge has achieved 10 minute absorption rates of 8.6:1 for Kuwait Light Crude and 3.4:1 for North Slope Crude. The product offers less expensive, non-hazardous disposal because once oil is absorbed, the Smart Sponge transforms the pollutants into a stable solid for easy recycling, providing a closed-loop solution to water pollution.

It is worth noting that AbTech Industries originally certified its Smart Sponge technologies for Oil Spill Recovery in 1996. Since that time AbTech has garnered extensive expertise through its concerted focus on Stormwater, Industrial, Military, and other remedial applications, and as a result, AbTech products are currently deployed in over 13,000 locations, in 36 states, and various countries around the world. Significantly, the Environmental Protection Agency lists AbTech's Ultra-Urban Filter series with Smart Sponge technology as a Best Management Practice (BMP) under the federal guidelines that local governments must follow.

Sign up for our newsletter: http://www.stocksource.us ************************************************************************************** For A Comprehensive Coverage of Stock Please Visit: http://www.stocksource.us E-mail: [email protected] | Phone number: +1 866 807 4021 For stock picks and investment community interaction please follow us on http://www.facebook.com/stockp and www.twitter.com/penny_stock StockSource.us offers a newsletter covering companies traded on the OTC, OTCBB, PINKSHEETS and AMEX stock exchanges. Subscribers to our newsletter will receive up to date time sensitive press releases and profiles on featured companies traded on various small cap stock exchanges such as otc, otcbb, pinksheet and amex. Other sectors we cover are: alternative energy stocks/companies (solar stocks, wind stocks, hydro stocks, nuclear stocks, uranium stocks, biofuel stocks, clean coal stocks) as well as oil and gas stocks, gold stocks and mining stocks.

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