Venoco, Inc. Announces Exercise of Option

Venoco, Inc. announced that Denbury Resources Inc. has elected to exercise its option to purchase the Hastings complex from Venoco. Denbury and Venoco also entered into an amendment to the option agreement extending by one year certain of Denbury’s performance commitments with respect to implementing a CO2 flood in the Hastings complex. “This... 

China Recycling Energy Corp. Retains Sarbanes-Oxley Section 404 Consultant

China Recycling Energy Corp., a leading industrial waste-to-energy solution provider in China, today announced it has retained SEC AuditPrep Limited (“SEC AuditPrep”) to provide consulting services related to the Company’s Sarbanes-Oxley Section 404 (“SOX 404″) compliance efforts, effective immediately. “Working with... 

PureSpectrum, Inc. Adapting Ballast Circuitry to Be Compatible With LED Lighting

In its ongoing efforts to continue development of the company’s breakthrough ballast technology, PureSpectrum, Inc. has begun testing the viability of its innovative ballast design for use with Light Emitting Diode (LED) applications. PureSpectrum has already engineered and introduced breakthrough ballast technology for fluorescent lighting, and... 

Detroit Electric’s Electric Car Hits the Road Again After 100 Year Absence

Detroit Electric is making a come back in a big way with plans to progressively roll out affordable electric vehicles worldwide by the end of 2009. The historic electric car brand held a regional media conference today to introduce electric car technology and unveil its business and manufacturing plans moving forward. As part of the Malaysian Government’s... 

Morphic Appoints Hakan Wallin New Chief Financial Officer

Håkan Wallin has been appointed new Chief Financial Officer for the Morphic Group (STO:MORPB) and takes over from Jan Johansson. Håkan Wallin will be part of Group Management and report to President and CEO Jonas Eklind. Håkan Wallin’s last appointment before joining Morphic was as CEO of Libertas Capital Nordic AB, a global investment bank with... 

NuStar Energy L.P. and NuStar GP Holdings, LLC Expect Highest Quarterly Earnings in the History of Both Companies

NuStar Energy L.P. announced that the partnership expects to report record earnings applicable to limited partners for the third quarter of 2008 of at least $2.25 per unit, primarily as a result of exceptionally strong asphalt margins. NuStar GP Holdings, LLC also announced today that the company expects to report record earnings of at least $0.65... 

Software AG and Watt Germany GmbH Revolutionizing the Utility’s Business Processes

Software AG, a global leader in business infrastructure software, announced that Watt Germany GmbH has chosen the webMethods product suite from Software AG to support a revolutionary approach to managing Watt’s business processes. Watt has embarked on a program of redefining its total operations from a business process perspective. Having reduced... 

Tigo Energy Taps Expertise of Jeff Krisa for Key Sales & Marketing Role

Tigo Energy, the solar company whose unique technology significantly increases efficiency in photovoltaic solar installations, has brought aboard veteran sales and marketing executive, Jeff Krisa. Industry insiders interpret this appointment as another sign that Tigo’s solar future is bright. According to Shirish Sathaye, General Partner at Matrix... 

Opsens retains Barnes McInerney to act as investor relations consultants

Opsens Inc. announced that it has engaged Barnes McInerney Inc. (BMI) of Toronto to provide strategic investor relations consulting services. BMI offers a fully integrated suite of products, focusing on strategic investor relations, initial public offerings, mergers & acquisitions, roadshow marketing, corporate communications and new media solutions. “Barnes... 

Constellation Energy Partners Releases Statement Regarding Constellation Energy Announcement That It Intends to Sell Its Upstream Gas Assets

Constellation Energy Partners LLC released a statement regarding the announcement by Constellation Energy that it intends to sell its upstream gas assets. “We have been informed of Constellation Energy’s decision to sell its upstream gas assets,” said Stephen R. Brunner, president and chief executive officer of Constellation Energy...