TMCnet News

www.StockMarketingInc.com: If You Haven't Signed Up Yet Do It Now!! NPWZ,ALTO,BMSN,SYNW,MFLU,AXST
[February 23, 2010]

www.StockMarketingInc.com: If You Haven't Signed Up Yet Do It Now!! NPWZ,ALTO,BMSN,SYNW,MFLU,AXST


Feb 23, 2010 (M2 PRESSWIRE via COMTEX) -- STOCK MARKETING INC PRESENTS : (OTCBB: NPWZ) Neah Power Systems, Inc., (OTCBB: ALTO) Alto Group Holdings, Inc., (OTCBB: BMSN) Bio-Matrix Scientific Group, Inc., (OTCBB: SYNW) Sync2 Networks Corp., (OTCBB: MFLU) Microfluidics International Corp., (OTCBB: AXST) Axesstel, 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: NPWZ - Neah Power Systems, Inc.) LATEST NEWS!! Neah Power to Build Hybrid Automobile Engine in Thailand Using Its Proprietary Fuel Cell Technology BOTHELL, Wash., Feb 23, 2010 -- Neah Power Systems, Inc., (OTCBB: NPWZ), the company developing fuel cell based renewable energy solutions, reported that Professor Somyos, leading Neah's scientific development team in Bangkok, is building a 300 HP hybrid automobile engine incorporating Neah's unique, patented, methanol-powered fuel cell. According to Somyos, the prototype engine will be available for road testing within 90-120 days.

The development of the engine will see the first automotive use of the Eco-Start, a new technology that is an innovative new type of motor soft-start technology that can extend lithium ion battery life by up to 40% in electric vehicles. Professor Somyos noted, "We are well positioned to be a major supplier of technology and finished products to the automobile sector, where just in Thailand, production will rise by 40% this year to 1.4 million units." The Eco-Start has been tested extensively in residential and commercial premises, delivering massive savings in electrical usage. The Eco-Start device will be in retail production for stationary applications in June. A number of pre-orders have been placed for the device.


About Neah Power Neah Power Systems, Inc. (NPWZ) is developing long-lasting, efficient and safe power solutions for the military, industrial and consumer applications, Neah uses a unique, patented, silicon-based design for its micro fuel cells that enable higher power densities, lower cost and compact form-factors. The company's micro fuel cell system can run in aerobic and anaerobic modes. The company is developing energy generation and storage solutions based on its patented technology.

Further company information can be found at www.neahpower.com.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: ALTO - Alto Group Holdings, Inc.) LATEST NEWS!! Alto Group Moves Ahead With Plans in Ghana NEW YORK, NY, Feb 23, 2010 -- Alto Group Holdings, Inc. (OTCBB: ALTO) announced today its intention to move forward towards the drilling phase within the Nkwanta Concession in Ghana, West Africa pending the completion of the concession assignment process with Castle Peak Mining Company ("Castle Peak").

The process to conclude the concession assignment with Castle Peak is underway and, as outlined in the Company's Joint Venture Agreement, will be the final step before the Golden Arrow drilling program can be initiated. The Golden Arrow Vein is the primary target of the ongoing exploration program at the Alto-Ashanti Project in Ghana. Additionally, the Company has undertaken a preliminary assessment of several prospective locations near the target claims and proposes to work with Castle Peak towards the mutual development of these potentially productive locations.

Alto Group is very pleased by the pace of events and the excellent working relations at the Alto-Ashanti Project. Besides its favored international recognition in the mining sector, Ghana remains one of the most desirable mineral extraction regions in West Africa due to the government's progressive institutional development and stable multiparty democratic environment. Furthermore, Ghana's population provides broad availability of low-cost labor as well as an ample supply of highly trained workers for mining and infrastructural support. Management looks forward to developing an increased presence in the country.

In related news, Company management further wishes to announce plans to mitigate potential geographic, political and concentration risks for shareholders through the proposed acquisition of additional exploratory projects into the Company's portfolio. Management maintains excellent relations with several potential vendors or joint venture partners offering access to prospective high value mineral claims at various locations around the globe. The Company aims to establish a short list of highly prospective and economically favorable opportunities for consideration. This planned strategic diversification is intended to increase shareholder value and enhance the long term stability of the Company. Announcements regarding future projects will be made available as details are forthcoming.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: BMSN - Bio-Matrix Scientific Group, Inc.) LATEST NEWS!! Bio-Matrix Scientific Group to Host Conference Call to Update Shareholders on New Developments in the Company Call Slated for March 23, 2010 on an RSVP Basis SAN DIEGO, CA, Feb 23, 2010 -- Bio-Matrix Scientific Group Inc. (OTCBB: BMSN) announced today that it will be hosting a conference call to update shareholders on current developments at the Company and outline management's plans for the Company going forward.

David Koos, the Company's Chairman & CEO, stated, "By holding this conference call, the Company believes it can more efficiently update our shareholders on developments currently underway including those taking place with its majority owned subsidiary Entest BioMedical, Inc. (OTCBB: ENTB). Our shareholders can email or fax questions to the Company that will be addressed on the call." The conference call will not have an open Questions & Answers session, but the Company is inviting shareholders to email or fax their questions so they may be addressed during the call. The Company currently anticipates the conference call will take place March 23, 2010 at 1:00 p.m. PST. Those wishing to participate in the call are requested to email or fax their name, email address and any questions they wish addressed during the call to [email protected] (email) or 619.330.2328(fax) prior to March 10, 2010. Instructions, including call in number and access codes, will be emailed to participants once details have been finalized.

About Bio-Matrix Scientific Group: Bio-Matrix Scientific Group Inc. (OTCBB: BMSN) is a biotechnology company headquartered in San Diego, Ca. with a 15,000 sq. ft. facility that houses two secure cryogenic stem cell banks, three research laboratories, aseptic cellular/tissue class 10,000/100 processing lab, hematology, microbiology and flow cytometry laboratories. David Koos concurrently serves as Chairman & CEO of Bio-Matrix Scientific Group Inc. and Entest Biomedical, Inc. (OTCBB: ENTB). Entest Biomedical, Inc. is a majority owned subsidiary of Bio-Matrix Scientific Group Inc.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: SYNW - Sync2 Networks Corp.) LATEST NEWS!! Sync2 Networks' Shares for Debt Settlement and Stock Incentive Plan for Directors and Employees LAS VEGAS, NEVADA, Feb 23, 2010 -- Sync2 Networks Corp. (OTCBB: SYNW) As part of its restructuring program, the company is implementing a Shares for debt settlement and a Stock Incentive Plan for Directors and Employees.

Sync2 Networks' Board of Directors appoints Mr. Ron Houle as a Director.

The Board also approved a shares for debt settlement to shareholders for their cash contributions. The shares issued for debts are 24,402,125 bringing the issued total share capital to 110,252,125.

The Board of Directors also approved a Stock Incentive Plan for Directors and Employees that provides flexibility in the future to set stock options that reward employees and directors based on performance criteria established by the Board.

About Sync2 Networks Corp.

Sync2 Networks is an online business development firm, which develops online gaming and advertising applications. Sync2 also has a worldwide network of international marketing and business development agents in over 20 countries to sell and market its applications and to build, maintain and market their online business. For more information see www.sync2networks.com.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: MFLU - Microfluidics International Corp.) LATEST NEWS!! Microfluidics International Corporation Announces Fourth Quarter and Year-End 2009 Financial Results --Company Reports Net Income for Second Straight Quarter --Conference Call Today at 8:30 a.m.

NEWTON, Mass., Feb 23, 2010 -- Microfluidics International Corporation (OTC Bulletin Board: MFLU), today reported unaudited financial results for the fourth quarter and year-ended December 31, 2009.

Fourth quarter and recent accomplishments: Earned net income for the fourth quarter of $80,000 Achieved $525,000 in earnings before interest, taxes, depreciation and amortization (EBITDA) for the year Generated $15.7 million in revenue for year-ended 2009, a 6% increase over 2008 Generated $4.2 million in revenue for the fourth quarter, a 23% increase over the same period in 2008 Reported a $362,000 net loss for the year ended 2009, a $3.6 million reduction from a $4.0 million loss in 2008 Achieved our gross margin target of 60% for the year Launched Microfluidics Reaction Technology (MRT) and sold 2 beta units in the fourth quarter "In 2009, despite unfavorable economic conditions, the Company met its most significant goal since I took over as CEO in late 2007 - a positive EBITDA for the year," said Michael C. Ferrara, Chief Executive Officer of Microfluidics. "We achieved this by introducing new products, improving quality and delivery, and strengthening our sales coverage and marketing effectiveness. A positive EBITDA is a significant accomplishment and an important indicator of the promise and opportunity that exists with our business, especially in pharmaceuticals, moving forward. In 2010, we intend to continue this momentum and drive additional growth through the introduction of new products and services, an increased focus on business outside of the United States and an ongoing commitment to excellence across both quality and customer service." Peter F. Byczko, Vice President of Finance and Chief Accounting Officer added, "Early in 2009 we took significant steps to control costs while continuing to invest in programs that drive growth such as new product development. These initiatives are yielding tangible results including improved profitability, rising gross margins and overall increased shareholder value. We would expect a sustained recovery in our principal markets to support product line demand and contribute to our goal of achieving pre-tax profitability in 2010, a major step on the road to building a stronger company." Fourth Quarter Financial Results: Revenues for the three months ended December 31, 2009 were $4.2 million, an increase of $785,000 or 23%, as compared to revenues of $3.5 million for the three months ended December 31, 2008. North American revenues were $2.7 million, an increase of 5% as compared to $2.5 million in the fourth quarter of 2008. Foreign sales for the three months ended December 31, 2009 were $1.6 million, an increase of 71% as compared $934,000 for the fourth quarter of 2008. Our gross margin was 62% in the fourth quarter of 2009 versus 49% for the fourth quarter of 2008. Net income was $80,000, or $0.01 per share, for the three months ended December 31, 2009 as compared to a net loss of $1.7 million, or $0.17 per share, for the same period in 2008.

EBITDA was $297,000 for the three months ended December 31, 2009 compared with a $1.4 million EBITDA loss for the same period in 2008. EBITDA is a Non-GAAP financial measure. A reconciliation of GAAP net income to Non-GAAP EBITDA is provided in the financial tables that accompany this release and is discussed under the section below titled "Non-GAAP Financial Measures." Year End Financial Results: Revenues for the year ended December 31, 2009 were $15.7 million, an increase of $800,000, or 6%, as compared to revenues of $14.9 million for the year ended December 31, 2008. Net loss was $362,000, or $0.03 per share, for the year ended December 31, 2009 as compared to $4.0 million net loss, or $0.39 per share, for the same period in 2008. Our gross margin for 2009 was 60% versus 51% in 2008.

EBITDA was $525,000 for the year ended December 31, 2009 compared with a $3.5 million EBITDA loss for the same period in 2008. EBITDA is a Non-GAAP financial measure. A reconciliation of GAAP net income to Non-GAAP EBITDA is provided in the financial tables that accompany this release and is discussed under the section below titled "Non-GAAP Financial Measures." Live Webcast: Microfluidics International Corporation will host a webcast on Tuesday, February 23, 2010 at 8:30 a.m. Eastern Time. Participants are invited to attend the call by visiting www.microfluidicscorp.com or by dialing 866-804-6929 (within the United States) or 857-350-1675 (outside the United States). The passcode for participants is 46248590.

A replay will be available approximately two hours after the live call through March 2, 2010. To access the replay, dial 888-286-8010 (within the United States) or 617-801-6888 (outside the United States). The passcode for participants is 87532708. A replay will also be posted on the Company's website approximately two hours after the live call and will be available for a period of 30 days.

About Microfluidics International Corporation Microfluidics International Corporation designs, manufactures and distributes patented and proprietary high performance Microfluidizer(R) materials processing and formulation equipment to the biotechnology, pharmaceutical, chemical, cosmetics and inkjet ink industries. The Company applies its 20 plus years of high pressure processing experience to produce the most uniform and smallest liquid and suspended solid particles available and has provided manufacturing systems for nanoparticle products for more than 15 years. Microfluidics is a leader in advanced materials processing equipment for laboratory, pilot scale and manufacturing applications, offering innovative technology and comprehensive solutions for nanoparticles and other materials processing and production. More than 3,000 systems are in use and afford significant competitive and economic advantages to the Company's equipment customers.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: AXST - Axesstel, Inc.) LATEST NEWS!! Axesstel Announces Timing of Fourth Quarter and Year End 2009 Results Conference Call SAN DIEGO, Feb 23, 2010 -- Axesstel, Inc. (OTCBB: AXST), a leader in the design and development of fixed wireless voice and broadband data products, intends to release its Fourth Quarter and Year End 2009 financial results before the market opens on Tuesday, March 23rd, 2010. The company plans to host a conference call at 8:00 a.m. PT (11:00 a.m. ET) to discuss its results. Participating in the call will be Clark Hickock, chief executive officer and Patrick Gray, chief financial officer.

The call is being webcast and can be accessed from the "Investor Relations" section of the company's website at http://www.axesstel.com. Alternatively, you may dial the following number ten minutes prior to the scheduled conference call time: 1-877-663-9622. International callers should dial 00-1-973-200-3973. The conference ID/password will be #57423581. If you are unable to participate in the call at this time, the webcast will be archived on the Axesstel website. In addition, a telephonic replay will be available on, at 2:00 p.m. ET through Thursday, March 25th at 11:59 p.m. ET. To access the replay, please dial 1-800-642-1687. International callers should dial 00-1-706-645-9291. The pass code will be 57423581.

About Axesstel, Inc.

Axesstel (OTCBB: AXST) is a recognized industry leader in the design and development of fixed wireless voice and broadband data products. Axesstel's best in class product portfolio includes broadband modems, 3G gateways, machine to machine applications, voice/data terminals, fixed wireless desktop phones and public call office phones for high-speed data and voice calling services. The company delivers innovative fixed wireless solutions to leading telecommunications operators and distributors worldwide. Axesstel is headquartered in San Diego, California. For more information on Axesstel, visit www.axesstel.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.

CONTACT: StockMarketingInc.com e-mail: [email protected] Tel: +1 866 583 8960 ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected].

[ Back To TMCnet.com's Homepage ]