Dresser-Rand Announces Plan to Acquire Grupo Guascor S.L. (“GG”)

Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced today that it has signed a Share Purchase Agreement (“SPA”) to acquire Grupo Guascor S.L. (“GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction. The enterprise value includes... 

Military Licensee Advent Power Systems Delivers Final License Fee to Cyclone Power

Cyclone Power Technologies announced that Advent Power Systems has made its final base payment to Cyclone under its Technology License Agreement. The timely delivery of this license fee secures for Advent the continuing rights to pursue power and motive applications for the Cyclone Engine with the U.S., European and Israeli military establishments,... 

Patriot Energy Corporation Acquires Exclusive License From Tectane Technologies Corporation

Patriot Energy Corporation announce the acquisition of an exclusive license to Tectane Technologies Corporation’s proprietary and patented technologies. According to the exclusive 99 year leased license agreement, Patriot Energy Corporation will market Tectane Technologies’ global warming solutions including but not limited to the patented... 

Imara Corporation Introduces Advanced Lithium-Ion Battery Technology for High-Power Applications

Imara Corporation, a research, design and manufacturing company that has developed next generation lithium-ion battery technology, today officially launched and announced its plan to deliver U.S.-based energy storage solutions. Imara’s patented and proprietary battery technology breaks through current barriers of performance and energy capability,... 

PROACT(R) for Meridium Chosen as Root Cause Analysis Solution at Manitoba Hydro

Meridium Inc., the global leader in asset performance management software and consulting solutions, today announced that Manitoba Hydro has licensed Meridium’s root cause analysis software, PROACT® for Meridium, in its HVDC Division (High Voltage Direct Current), which states they have already experienced benefits from PROACT and the methodology.... 

Dynamotive Signs Agreement for Development of Plant in China

Dynamotive Energy Systems Corporation announced that it had entered into a commercial agreement to support the development of a pyrolysis plant in China based on its proprietary technology. In accordance with the agreement, Dynamotive will provide process and engineering support for the development of a plant to be located in the Henan province in the... 

Hanwei completes Deta acquisition

Hanwei Energy Services Corp. announced that it has completed its previously announced acquisition of a 99 percent equity interest in Daqing Deta Electric Co. Ltd. (“Deta”). Hanwei is in receipt of all necessary documentation from Deta as well as all the required regulatory approvals and the amended business license. “The acquisition... 

WaterStyle Holdings, Inc. and UCLA Announce an Exclusive License for Certain Advanced Technology for Water Sustainability Invented at UCLAs Water Technology Research (WaTeR) Center

WaterStyle Holdings, Inc. (“WSH”) and UCLA jointly announce the licensing of certain key intellectual property for use in the water sector. The intellectual property focuses on advanced water systems, services and solutions for desalination, reclamation, reuse and sustainability. Under the terms of the License, WSH will have exclusive worldwide... 

SulphCo Extends Technology Transfer Agreement with Industrial Sonomechanics

SulphCo, Inc. announced that it has exercised its option to extend the term of the license agreement dated November 9, 2007 with Industrial Sonomechanics, LLC (“ISM”) covering ISM’s patented ultrasound horn and reactor technology. The term has been extended to the date on which the ISM patents expire. Under the terms of the License... 

Quorum Signs Two Additional Clients on Pipeline Transaction Management Software

Quorum Business Solutions, Inc. , a leading provider of business and information technology solutions for the oil, gas, and renewable energy industry, announces that two natural gas pipeline operators have entered into agreements to implement Quorum Pipeline Transaction Management (QPTM) to manage their pipeline operations. With this, QPTM now manages...