TMCnet News
Take a Look Now At The Hottest Newsletter!! Sign Up Today!! QPRJ "Quadra's Subsidiary Signs Sales Order for $420,000 With Fanta "(M2 PressWIRE Via Acquire Media NewsEdge) STOCK MARKETING INC PRESENTS : (OTCBB: QPRJ - Quadra Projects Inc.) (NASDAQ: ENOC - EnerNOC, Inc.) (NASDAQ: ENZN - Enzon Pharmaceuticals, Inc.) (NASDAQ: AVGO - Avago Technologies Ltd.) (NASDAQ: MSFT - Microsoft Corp.) (OTCBB: IMCI - Infinite Group, Inc.) www.StockMarketingInc.com To sign up for our free Profiles & Alerts :: visit http://www.StockMarketingInc.com email us!! [email protected] or call 1-866-583-8960 ------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: QPRJ - Quadra Projects Inc.) LATEST NEWS!! Quadra's Subsidiary Signs Sales Order for $420,000 With Fanta LAS VEGAS, NV, Nov 09, 2009 -- QUADRA PROJECTS INC. ("Quadra" or the "Company") (OTCBB: QPRJ), announced today that its wholly owned subsidiary, Quadra Energy Systems Inc. (QES), a Belize corporation, signed a sales agreement with its distributor Fanta International Enterprises (Canada) Inc. (Fanta) for the sale of a QES2000 Utility Unit and the Company's technical team has commenced manufacturing with an anticipated delivery date of January 15th 2010. The purchase price for the sales agreement is $420,000 USD. Mr. Stephen Leung, President of Fanta, advised this order is the precursor of an additional order for 2 QES2000 conversion units generating anticipated revenues of $2,600,000 USD for the Company. Mr. Leung also confirmed that on his recent trip to China, he met with senior government officials and corporate executives all of whom were very enthusiastic about the QES2000 System and expressed interest in acquiring the QES2000 Systems, it being one of the solutions for solving the environmental problems caused by waste. Further, Mr. Leung confirmed the completion of its service and parts center and establishment of its sales team to support the anticipated sale of many QES2000 waste to energy conversion units throughout China. The QES2000System is patented and Management of the Company is of the opinion that it is the most advanced prolysis and gasification system in the world, specifically designed to convert all organic waste (including used tires, plastic waste and municipal waste etc.) to valuable by-products such as N220 carbon black, biochar fertilizer, etc. and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment. On account of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems. Initially, the Company will focus its expansion initiatives in Asia, primarily in the fast growth countries of China, India and South-East Asian countries. About QUADRA PROJECTS INC. QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: ENOC - EnerNOC, Inc.) LATEST NEWS!! The Boston Globe Names EnerNOC to Globe 100's Top Places to Work '09 EnerNOC Stands Out as Only Cleantech Company Named to List BOSTON, Nov 9, 2009 -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of clean and intelligent energy solutions, today announced that it has been named one of the 100 Top Places to Work in Massachusetts in the second annual employee-based survey project from The Boston Globe. The honorees were profiled in the November 8th issue of the Sunday Globe, and the profiles can now be seen at www.boston.com/topworkplaces. In addition to being ranked among Boston's Best Places to Work, EnerNOC was profiled as one of three companies that have excelled at "investing in the positive mindset of its employees." Specifically, the Globe highlighted EnerNOC's annual "Battle of the Bands" contest, which encourages employees to show off their musical talents at the annual holiday party. EnerNOC's Battle of the Bands competition is just one example of the many programs that EnerNOC sponsors to support its employees' passions and promote a positive working environment. The rankings in the Globe 100's Top Places to Work are based on survey information collected from 86,000 employees at 269 private and publicly-held Massachusetts organizations. To qualify, a company must have more than 100 employees in Massachusetts. Nearly 1,000 qualified companies participated, and rankings were composite scores calculated purely on the basis of employee responses. EnerNOC was the only cleantech company named on this year's list. "EnerNOC prides itself on its people, who are some of the brightest, most passionate individuals on the planet," said David Samuels, Executive Vice President at EnerNOC. "Our people are our most valuable asset in our mission to change the way the world uses energy. Our success in building a world-class organization that emphasizes the importance of a positive working environment helps us to continue to attract top talent year after year, and it's rewarding to know our employees are the ones who put us on this list." "The companies included in the Globe 100's Top Places to Work have succeeded in creating a positive workplace for their employees in the midst of the uncertainties of the general economy," said Steve Ainsley, publisher of The Boston Globe. "I congratulate each of them for an outstanding accomplishment." Produced by the same team that compiles the 22-year-old Globe 100 report of the best-performing public companies in Massachusetts, the Top Places to Work project recognizes the most progressive companies in the state based on employee opinions about company leadership, compensation and training, diversity/inclusion, career development, family-friendly flexibility, and values and ethics. EnerNOC, which is headquartered in downtown Boston, employs more than 370 people worldwide. In addition to the criteria outlined by the award, EnerNOC prides itself on competitive employee benefits that include incentives that promote green and sustainable practices. For more information about job opportunities at EnerNOC, please visit www.enernoc.com/about/join-our-team. About EnerNOC EnerNOC, Inc. is a leading provider of clean and intelligent energy solutions, which include demand response services, energy efficiency, or monitoring-based commissioning services, energy procurement services, and emissions tracking and trading services. These solutions help optimize the balance of electric supply and demand, provide cost-efficient alternatives to traditional power generation, transmission, and distribution resources, and drive significant cost-savings for its customers. The Company uses its Network Operations Center, or NOC, and PowerTrak(R) enterprise software platform to remotely manage and reduce electricity consumption across a growing network of commercial, institutional, and industrial customer sites, making demand response capacity available to grid operators and utilities on demand while helping end-users of electricity achieve energy savings, environmental benefits, and improved financial results. For more information visit www.enernoc.com. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: ENZN - Enzon Pharmaceuticals, Inc.) LATEST NEWS!! Enzon Announces Agreement to Sell Specialty Pharmaceutical Business sigma-tau to acquire business for approximately $327 million in cash plus royalties BRIDGEWATER, N.J., Nov 09, 2009 -- Enzon Pharmaceuticals, Inc. (Nasdaq: ENZN) today announced that it has entered into a definitive agreement to sell its specialty pharmaceutical business to the sigma-tau Group for $300 million plus an additional amount of up to $27 million based on success milestones. Enzon will also receive royalties of 5 to 10 percent on incremental net sales above a 2009 baseline amount from Enzon's four marketed specialty pharmaceutical products through 2014. Enzon's specialty pharmaceutical business includes four marketed products: Oncaspar(R), Adagen(R), DepoCyt(R), and Abelcet(R), as well as the manufacturing facility in Indianapolis, Indiana which will be purchased by a US subsidiary of Sigma-Tau Pharmaceuticals, Inc. (Maryland). Sigma-Tau Pharmaceuticals will distribute the products in the US market. After the sale of these assets, Enzon's businesses will consist of its royalties, Peg SN38 and our LNA and PEG technology platforms. "Enzon's Board of Directors is evaluating options to return most of the value of this sale to shareholders" stated Alex Denner, Chairman. "We will refocus the company on our royalty business, pipeline, and technology platforms." "sigma-tau is a great strategic fit for this business, as they have the presence and expertise to effectively market these products in all geographic areas," said Jeffrey H. Buchalter, Enzon's president and CEO. sigma-tau is a global R&D driven, Italian-owned pharmaceutical company dedicated, among other areas, to developing and commercializing medicines for rare diseases. This acquisition will expand sigma-tau's current presence in the US and in new therapeutic areas. "sigma-tau is dedicated to providing novel therapeutics to patients suffering from rare diseases and other unmet medical needs," said Claudio Cavazza, sigma-tau's President. "Through the acquisition of Enzon's specialty pharmaceutical business, we will increase our presence in the field of rare diseases with products of great value which are the result of an outstanding research activity. sigma-tau is determined to continue Enzon's excellent work, especially in the field of rare diseases which is a particularly stimulating one as it aims at tackling life-threatening conditions which all too often affect the very young". The transaction may be deemed to constitute a sale of "substantially all" of Enzon's assets under Delaware law and, therefore, is conditioned upon the approval by the holders of a majority of Enzon's outstanding shares of common stock. The transaction also is conditioned upon sigma tau's receipt of funds under a bank commitment letter received by sigma tau and the expiration or termination of any applicable waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and any corresponding laws of other jurisdictions. There are certain other customary conditions. The transaction is expected to be completed during the first quarter of 2010. Goldman, Sachs & Co. and Greenhill & Co. acted as financial advisors to Enzon, and Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to the Company. ADDITIONAL INFORMATION AND WHERE TO FIND IT Enzon Pharmaceuticals, Inc. ("Enzon") will file with the Securities and Exchange Commission (the "SEC") a current report on Form 8-K, which will include the purchase agreement. The proxy statement that Enzon plans to file with the SEC and mail to stockholders will contain information about Enzon, the proposed transaction and related matters. STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT CAREFULLY WHEN IT IS AVAILABLE, AS IT WILL CONTAIN IMPORTANT INFORMATION THAT STOCKHOLDERS SHOULD CONSIDER BEFORE MAKING A DECISION ABOUT THE PROPOSED TRANSACTION. In addition to receiving the proxy statement from Enzon by mail, stockholders will be able to obtain the proxy statement, as well as other filings containing information about Enzon, without charge, from the SEC's website at www.sec.gov or, without charge, from Enzon at www.enzon.com. This announcement is not a solicitation of proxy. Enzon and its directors and executive officers and certain other members of management may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Except as noted below, information concerning Enzon's participants is set forth in the proxy statement for Enzon's 2009 annual meeting of stockholders, which was filed with the SEC on Schedule 14A on April 13, 2009 (the "2009 Proxy Statement"). Additional information regarding the interests of Enzon's participants in the solicitation of proxies in connection with the proposed transaction will be included in the proxy statement to be filed with the SEC. Enzon's press releases and other information about Enzon are available at Enzon's website at www.enzon.com. Harold J. Levy joined Enzon's Board of Directors subsequent to Enzon's 2009 annual meeting of stockholders. Information with respect to Mr. Levy's interest in Enzon is set forth in the Form 3 filed by him with the SEC on July 31, 2009. Mr. Levy is the Co-President, Co-Chief Executive and Co-Chief Investment Officer of Iridian Asset Management LLC ("Iridian"). Information with respect to Iridian's interest in Enzon is set forth in the 2009 Proxy Statement. Mr. Levy has shared investment and dispositive power over the shares of Enzon's common stock held by Iridian. Mr. Levy disclaims beneficial ownership of such shares. About Enzon Enzon Pharmaceuticals, Inc. is a biopharmaceutical company dedicated to developing, manufacturing and commercializing important medicines for patients with cancer and other life-threatening conditions. The Company has a portfolio of four marketed products, Oncaspar(R), DepoCyt(R), Abelcet(R) and Adagen(R). Enzon's drug development programs utilize several cutting-edge approaches, including its industry-leading PEGylation technology platform and the Locked Nucleic Acid (LNA) technology. Enzon's PEGylation technology was used to develop two of its products, Oncaspar and Adagen, and has created a royalty revenue stream from licensing partnerships for other products developed using the technology. Enzon also engages in contract manufacturing for several pharmaceutical companies to broaden its revenue base. Further information about Enzon and this press release can be found on the Company's web site at www.enzon.com. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: AVGO - Avago Technologies Ltd.) LATEST NEWS!! Avago Technologies Introduces the Industry's First GPS Front-End Modules that Integrates an FBAR Pre-Filter with a Low Noise Amplifier New GPS Front-End Module Targets Designers of Low-Power Handset and Personal Navigation Device Applications SAN JOSE, Calif. & SINGAPORE, Nov 09, 2009 -- Avago Technologies (Nasdaq:AVGO), a leading supplier of analog interface components for communications, industrial and consumer applications, today introduced the industry's first highly integrated miniature GPS front-end modules that combine a film bulk acoustic resonator (FBAR) filter with a high-gain, low noise amplifier (LNA) that offers superior performance levels. Avago's ALM-1912 integrates a LNA and a high-rejection pre-filter in a miniature compact package to provide a complete and compact high-performance GPS radio frequency (RF) front-end module that can help to simplify the design of a wide range of GPS handset applications. Avago's ALM-1912 is designed for use in mobile handsets, personal navigation devices (PND) and other GPS-enabled applications. This GPS front-end module is housed in a miniature 2.9 by 2.0 by 1.0 mm MCOB package to minimize the amount of printed circuit board space required and is ideal for use in space constrained applications. The integration of FBAR pre-filtering in the ALM-1912 enables the module to provide exceptional rejection at Cell, PCS, and WiFi/Bluetooth frequencies. Additionally, this GPS front-end module effectively leverages Avago's 0.25 um GaAs enhancement-mode pHEMT process to deliver a 1.62 dB noise figure, 19.3 dB gain, and +1.5 dBm input third order intercept point (IIP3) and more than 50 dBc of out of band rejection at typical operating conditions of 2.7V and 6 mA. Simultaneous GPS (S-GPS) and other location-based GPS services require a high level of receiver sensitivity. Avago's ALM-1912 delivers a very low noise figure and high linearity which helps to significantly improve the sensitivity of GPS handset applications. A CMOS-compatible shutdown pin is included for turning the LNA on/off or for current adjustment. The integrated pre-filter utilizes Avago's leading-edge proprietary FBAR filtering technologies to provide exceptional rejection at Cell/PCS-band, and WiFi/Bluetooth frequencies making it an ideal solution to help enhance the performance of GPS receivers for S-GPS operation in handsets and other mobile devices. The ALM-1912 has a built-in shunt inductor at the RF input pin to enhance ESD production, which allows the device to survive more than 3kV of Human Body Model (HBM) ESD charge at the RF input pin. By integrating a GPS LNA with pre- and post high-rejection FBAR filters, the high-performance ALM-1912 simplifies and shortens the RF design process, reduces component count, and provides excellent RF performance levels that are critical in GPS applications. Features -- Very low noise figure: 1.62 dB typical -- FBAR pre-filters provide exceptional Cell/PCS/WLAN-band rejection to enhance handset performance -- Low external component count -- Fully-matched at RF input and RF output -- Shutdown current: < 1 uA -- CMOS compatible shutdown pin -- ESD: > 3kV at RFin pin -- Adjustable bias current via single external resistor/voltage -- Built-in shunt inductor enhances ESD protection -- Advanced GaAs E-pHEMT and FBAR technology -- Halogen free -- Pb-Free and RoHS compliant Pricing and Availability Avago's ALM-1912 high rejection GPS high-gain LNA is priced at $1.31 each in 10,000 piece quantities. Samples and production quantities are available now through Avago's direct sales channel and worldwide distribution partners. About Avago Technologies Avago Technologies is a leading supplier of analog interface components for communications, industrial and consumer applications. By leveraging its core competencies in III-V compound and silicon semiconductor design and processing, the company provides an extensive range of analog, mixed signal and optoelectronics components and subsystems to approximately 40,000 end customers. Backed by strong customer service support, the company's products serve four diverse end markets: wireless communications, wired infrastructure, industrial and automotive electronics, and consumer and computing peripherals. Avago has a global employee presence and heritage of technical innovation dating back 40 years to its Hewlett-Packard roots. Information about Avago is available on the Web at www.avagotech.com ------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: MSFT - Microsoft Corp.) LATEST NEWS!! Microsoft Acquires Teamprise Assets, Provides Cross-Platform Support for Visual Studio --Expanded access to tools will foster increased development flexibility, productivity and collaboration. REDMOND, Wash., Nov 09, 2009 -- Microsoft Corp. today announced that it will purchase the Teamprise-related assets of SourceGear LLC, which enable developers using the Eclipse IDE or operating on multiple operating systems, including Unix, Linux and Mac OS X, to build applications with Microsoft Visual Studio Team Foundation Server. Development organizations will benefit from increased integration in heterogeneous environments, as well as reduced time and complexity associated with application development tasks. Functionality from the Teamprise Client Suite will be integrated into the Visual Studio product line beginning with Visual Studio 2010. (Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO) "We know our customers face daily challenges with management, collaboration and development in heterogeneous environments. The industry must take steps to make interoperability a stronger business asset for our customers," said S. Somasegar, senior vice president of the Developer Division at Microsoft. "With the acquisition of the Teamprise assets, we're taking a step forward on this journey, providing customers with a viable cross-platform development solution that will help produce business results more quickly." Today, application development in heterogeneous environments often requires use of multiple, disconnected toolsets and skills for each platform, additional custom work to foster compatibility and extra time to ensure collaboration. Team Foundation Server, in combination with the Teamprise Client Suite technologies, will enable developers to use a single tool to overcome core development challenges, including version control, work-item tracking, build management, process guidance and business intelligence, regardless of the core platform in use. With the simplification of these important processes, developers will now be able to spend more time focusing on developing high-quality, creative applications. Teamprise Client Suite currently includes the following: -- Teamprise Plug-in for Eclipse. The Teamprise Plug-in for Eclipse allows developers to perform all their source control, bug tracking, build and reporting operations from within Eclipse and Eclipse-based integrated development environments (IDEs), such as Rational Application Developer, JBoss, BEA Workshop and Adobe Flex Builder. -- Teamprise Explorer. Teamprise Explorer combines all the functionality available to Eclipse developers using the Teamprise Plug-in into a stand-alone, cross-platform graphical user interface (GUI) application that is perfect for team members working outside of an IDE, such as graphic designers, quality assurance testers and project managers. -- Teamprise Command-Line Client. The Teamprise Command-Line Client provides a cross-platform, nongraphical interface to Team Foundation Server, making it perfect for scripting and build scenarios or for developers who prefer a command-line interface. "For nearly four years, we have made it our mission to deliver strong, best-of-breed tools to our customers for cross-platform development," said Corey Steffen, general manager, Teamprise, a division of SourceGear. "By joining forces with Microsoft, we see an opportunity to further our mission -- and customers' benefits -- by fostering joint innovation between Teamprise solutions and Team Foundation Server." The Teamprise technology will be available in the Visual Studio 2010 wave. Customers will be able to jointly purchase the Teamprise Client Suite technology, updated to work with Team Foundation Server 2010, and one Team Foundation Server client access license. Customers with Visual Studio 2010 Ultimate with MSDN also will receive the Teamprise Client Suite technology as part of their original subscription purchase. SourceGear will continue to provide support for Teamprise products and sell its latest release of the Teamprise Client Suite until the Microsoft solution becomes available. More information about Microsoft and its interoperability efforts for developers is available at http://www.microsoft.com/interop. Terms of the acquisition are not being disclosed. About Teamprise Teamprise (www.teamprise.com) is a division of SourceGear focused on creating value-added products for Microsoft Visual Studio Team System 2008 Team Foundation Server. Founded in 1997, SourceGear LLC is a leading provider of solutions for software developers using Microsoft tools and platforms. SourceGear's popular product SourceOffSite provides a remote access solution for Microsoft Visual SourceSafe and is used by over 70,000 developers worldwide. In October 2002, SourceGear was named by Inc magazine as one of the 500 fastest growing companies in America. Previous editions of the Inc 500 list have included Domino's Pizza, Intuit and Microsoft. For more information, please visit http://www.microsoft.com/pathways/teamprise. About Microsoft Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential. ------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: IMCI - Infinite Group, Inc.) LATEST NEWS!! Infinite Group Enters into Master Services and Reseller Agreements with Dell PITTSFORD, N.Y., Nov 09, 2009 -- Infinite Group, Inc. (OTCBB: IMCI) today announced that the company has entered into Master Services Relationship and Authorized Reseller agreements with Dell, Inc. Dell (NASDAQ: DELL) is a major desktop and laptop provider to enterprises worldwide, and supplies computer hardware and services to every Fortune 100 company, as well as the ten largest U.S. companies. Under the Master Services agreement with Dell's Professional Services organization, Infinite Group, Inc. (IGI) can rapidly engage on consulting projects and deliver service in a streamlined and efficient manner. Key areas of focus for the Dell-IGI partnership include virtualization services, as well as operational support for major Dell contracts in the federal and defense markets. Additionally, IGI's Authorized Reseller status enables the company to deliver Dell's world-class range of hardware and software solutions to its own end-user clients and those clients engaged with under the Dell Master Services Agreement. "IGI's agreements with Dell enable our firm to deliver a broader range of value-added solutions to the marketplace, both as a subcontractor and as a reseller," stated Michael S. Smith, President and CEO of IGI. "We see a bright future ahead, and look forward to the continued growth and evolution of Infinite Group's relationship with Dell." About Infinite Group, Inc. Infinite Group, Inc. (IGI) is a world-class IT services and solutions provider serving a range of government and commercial organizations. Headquartered in Pittsford, New York with offices in the Washington, D.C. metropolitan area and Colorado Springs, Colorado, IGI is focused on the following, interconnected practice areas: IT Infrastructure Services, Virtualization and Consolidation, Cloud Computing, Project and Program Management, and Business and Technology Integration. IGI is dedicated to the alignment of business and technology initiatives, and the delivery of superior results. Infinite Group is publicly traded under the symbol IMCI.OB, and more information about the company is available at www.IGIus.com. ------------------------------------------------------------------------------------------------------------------------------------------------------------ About StockMarketingInc.com StockMarketingInc.com is a website that profiles stocks of interest. We are not licensed brokers or financial consultants. The information here is believed to be reliable, but not guaranteed to be accurate by StockMarketingInc.com. Please be advised that the information contained may or may not be complete and is solely for informational purposes only. This is not to be construed as an offer to sell, hold or the solicitation of an offer to buy. Investors are encouraged to seek opinions by their registered brokers or financial advisors after extensive due diligence is performed. ((Comments on this story may be sent to [email protected])) (c) 2009 M2 COMMUNICATIONS |