Digital Ally, Inc. Applies to List Common Stock

Filed Under (Companies, Forex News, Trading, investors, stocks) by admin on 15-11-2007

Tagged Under : , , , , , , , ,

Digital Ally, Inc. Applies to List Common Stock on the NASDAQ Capital Market OVERLAND PARK, Kan., Nov. 15 /PRNewswire-FirstCall/ -- Digital Ally, Inc. DGLY, which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial security applications, today announced that the Company has applied for a listing of its common stock on The NASDAQ Capital Market. "We believe that Digital Ally, Inc. now complies with all of the listing requirements for The NASDAQ Capital Market, and we have filed the appropriate documents with NASDAQ to apply for such listing," stated Stanton E. Ross, Chief Executive Officer of the Company. "In light of the strong sales and earnings growth achieved by the Company in recent quarters, we believe it is appropriate to list Digital Ally's common stock on the widely respected NASDAQ Stock Market. Our goal in seeking this listing is to broaden our exposure to potential investors and improve the trading liquidity of our stock." Approval of the listing application is subject to a qualitative and quantitative review process by NASDAQ. About Digital Ally, Inc. Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial security applications. The Company's primary focus is the field of Digital Video Imaging and Storage. For additional information, visit http://www.digitalallyinc.com The Company is headquartered in Overland Park, Kansas, and its shares are traded on the OTC Bulletin Board under the symbol "DGLY".

Nano-Proprietary, Inc. to Receive $1.6 Million

Filed Under (Analysis, Business, Companies, Forex News, Fund, financial) by admin on 15-11-2007

Tagged Under : , , , , , , , , , , , , , , , , ,

Nano-Proprietary, Inc. to Receive $1.6 Million Defense Appropriation for Biological Threat and Chemical Air Purification System Austin, Texas-based Nano-Proprietary, Inc. (OTCBB: NNPP), through its subsidiary, Applied Nanotech, Inc. (ANI), today announced that as a result of the successful completion of its initial project, it will receive $1.6 million for further development of its PhotoScrub® concept, a thin film coating on a flexible fiberglass cloth that decomposes pollutants at the molecular level in gases and liquids. This funding was included in the 2008 Defense Appropriations Bill recently signed by the President. The PhotoScrub® concept is based on an air-purification technology originally developed by one of our strategic partners, Andes Electric, Co. Ltd., and currently uses nano-structured photocatalyst materials that decompose air contaminants and pollutants at the molecular level in solid, liquid and gaseous samples. The funds will be utilized to integrate the PhotoScrub® concept into an HVAC system and build a prototype integrated unit. "This is another example of our ability to develop processes at the nano-level that result in useful applications," said Dr. Zvi Yaniv, CEO of Applied Nanotech. "We are also pleased to have our PhotoScrub® concept featured in the U.S. Army Space and Missile Defense Command/Army Forces Strategic Command brochure celebrating 50 years of Army Space and Missile Defense." More information on the brochure is available at our website listed below under the heading Technology Platforms - Nanomaterials - Photoscrub. Our goal is to develop technology that is more effective and reliable in fighting airborne biological and chemical contaminants, while at the same time being more affordable than existing methods. The next step in the process is to structure a formal agreement with the Department of Defense for the project which would be expected to begin in early 2008. "We're enthusiastic about being approved for these funds, which add to our ever growing revenue backlog," said Tom Bijou, CEO of Nano-Proprietary. "This award, in addition to our recently announced contracts in the sensor and electron emissions area, highlights the applicability of our intellectual property to a broad range of developing markets." Safe Harbor Statement This press release contains forward-looking statements that involve risks and uncertainties concerning Nano-Proprietary's business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in Nano-Proprietary's annual report on Form 10-K/A for the fiscal year ended December 31, 2006, and in reports subsequently filed by Nano-Proprietary with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at www.sec.gov or from Nano-Proprietary's website listed below. Nano-Proprietary hereby disclaims any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances. ABOUT NANO-PROPRIETARY, INC. Nano-Proprietary, Inc. is a holding company consisting of two wholly-owned operating subsidiaries. Applied Nanotech Inc. is a premier research and commercialization organization dedicated to developing applications for nanotechnology with an extremely strong positions in the fields of electron emission applications from carbon film/nanotubes, sensors, functionalized nanomaterials, and nanoelectronics. Electronic Billboard Technology, Inc. (EBT) possesses technology related to electronic digitized sign technology. Nano-Proprietary's website is www.nano-proprietary.com .

Brown Goes Green

Filed Under (Business, Companies, Forex News, ZAP, parnership) by admin on 13-11-2007

Tagged Under : , , , , , , , , , , , , , , , , , , , ,

UPS to Use ZAP Electric Car and Truck Fleet for Deliveries

PETALUMA, CA -- (November 13, 2007) -- It will be a green holiday this season for United Parcel Service (UPS), who rolled out a small parcel delivery service this week in Northern California using 42 electric cars and trucks from ZAP (OTCBB: ZAAP). UPS rolled out an electric car and truck fleet from ZAP this week to help with small parcel deliveries in dense urban communities. The move was made to reduce fuel consumption and reduce CO2 emissions. The UPS branch in Petaluma, California has leased an initial fleet of 42 ZAP Xebra® electric city cars and trucks for their small parcel deliveries. This is the first time that UPS has used electric city-speed vehicles for this purpose. Small parcel deliveries are becoming more challenging for the trademark big, brown UPS delivery vans, which is why UPS is using the electric city cars and trucks to handle small parcel deliveries. The ZAP vehicles lessen fuel consumption and reduce automotive emissions produced by current delivery vehicles. Drivers will be monitoring their electrical usage to carefully analyze cost-savings and emissions reductions. "This is the missing link for small package deliveries in congested areas," said ZAP CEO Steve Schneider. "Packages go from the airplanes, to the tractor trailers, to the delivery vans, then to the drop-off nodes. From there the ZAP trucks make the final delivery to the consumer in a zero-emission vehicle that costs less to operate. It's a perfect example of how green technology can help corporate America's bottom line." UPS is setting up strategic distribution nodes where vans can transfer packages to the ZAP Xebras for final delivery in smaller communities, neighborhoods and downtown areas where larger delivery vans are less efficient and have a more difficult time navigating or parking. "ZAP vehicles are much better than full size trucks in urban areas because they can save a fleet operator money," said ZAP Chairman Gary Starr. "Electric vehicles can also be one of the best things any organization can do to cut greenhouse gases and help the environment." About UPS Founded in 1907 as a messenger company, UPS has grown into a $47.5 billion corporation by focusing on the goal of enabling global commerce. It has become the world's largest package delivery company and a leading provider of specialized transportation and logistics services. Every day UPS manages the flow of goods, funds, and information in more than 200 countries and territories worldwide. UPS employs 427,700 people delivering 3.9 million packages annually. UPS operates 1,788 facilities with an overall vehicle fleet of 94,542 package cars, vans, tractors, and motorcycles. UPS also operates a fleet of 277 aircraft, making it the 9th largest airline. About ZAP ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies (AMEX: GBT). The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information

Investors’ Insatiable Appetite for Chinese IPO’s

Filed Under (Business, Companies, Forex News, Oil, Trading, investors, market) by admin on 13-11-2007

Tagged Under : , , , , , , , , , , , , , , , , ,

Investors' Insatiable Appetite for Chinese IPO's and Public Companies Doing Business in China China-AsiaStocks.com Reports on Listings from Shanghai to Hong Kong to U.S. Markets, Updating Growing Stock Directory for Investors Following Sector. PR9.NET November 13, 2007 - POINT ROBERTS, Wash., Delta B.C., - InvestorIdeas.com and China-AsiaStocks.com, its investor and industry portal focused on the China-Asia sector, updates its growing stock directory with new public company listings as investors witness the China IPO frenzy and seek investment opportunities in the sector. From Shanghai's listing of oil and gas conglomerate, PetroChina- China's largest domestic IPO, to the recent Alibaba.com IPO on the Hong Kong stock exchange, the market can't fill the growing appetite for China related listings. According to a recent report by Ernst & Young, companies in mainland China and Hong Kong raised $14.3 billion in the third quarter and the number of company listings in Hong Kong and mainland China hit new records. Philip Leung commented in their release "The record number of IPO's shows that companies were quick to react to keen investor interest in equities ". Outside of American Depositary Shares (ADS), investors can also invest in the China play in the micro cap markets. After Market Support, LLC, a wholly owned subsidiary of Keating Investments, is a financial marketing firm specializing in creating liquidity for publicly traded stocks and has worked with multiple clients that have gone public through reverse mergers (a method of going public increasingly replacing IPOs for micro cap issuers). Keating has an office and division in Shanghai (www.keatingasia.com) According to Justin Davis of After Market Support, LLC., currently working with Benda Pharmaceutical, Inc., (OTCBB: BPMA), smaller listed companies can provide investors the opportunity to get in on the ground floor of China's dramatic growth story. Justin does advise investors to complete their own due diligence and review SEC filings prior to investing. Benda Pharmaceutical (OTCBB: BPMA) is building its presence within the fast growing Chinese market and beyond, forecasting that Gendicine® will generate $16 million in revenue in 2008, up from estimates of $6.2 million for 2007. In total, the Company anticipates revenues to reach $25.1 million in 2007 and progressing upwards to $56.7 million in 2008. Yahoo!s (NASDAQ: YHOO) US$1 billion investment (40% interest) in Alibaba's business-to-business trading portal, represents another alternative for U.S. investors looking to participate in and own shares in companies doing business in China . Some notable recent and pending China listing market debuts include- Longtop's (NYSE:LFT) American Depositary Shares, posting significant gains its first day of trading Longtop, provides information technologies services to China's financial services sector. Also making headlines- China National Heavy Duty Truck Co, a heavy truck maker, in a Hong Kong IPO and Giant Interactive Group Inc ADSs (NYSE: GA), an online game developer . In the pipeline is AirMedia, planning to list its ADSs on NASDAQ, trading symbol AMCN. FUQI International, Inc. (NASDAQ: FUQI) recent IPO at $9.00 has already had a range of $6.50 - $11.75 and is currently down from its IPO debut. FUQI International, Inc. designs high quality precious metal jewelry in China.

Corning Celebrates Sullivan Park Expansion Groundbreaking

Filed Under (Economy, Forex News, Fund, Investment, compaines, project) by admin on 13-11-2007

Tagged Under : , , , , , , , , , , , , , , , , , , , ,

Governor applauds commitment to continued investment in New York CORNING, N.Y. -- Corning Incorporated (NYSE:GLW) broke ground today on a previously announced $300 million facility improvement plan for the company's Sullivan Park Research and Development campus near Corning, N.Y. New York Governor Eliot Spitzer helped lead the ceremonial groundbreaking, along with Corning leadership, employees and invited dignitaries. The expansion plan at Corning's world-leading research center includes significant renovation of an existing research and development building and construction of a new facility. Results are expected to include increased operational efficiency, flexibility, space utilization and energy efficiency. All phases of this project are expected to be completed by 2013, with expenditures phased over the course of this six-year period. Corning Chairman and Chief Executive Officer Wendell P. Weeks set the stage as he spoke to Corning's long history of successful innovation. Next year marks 100 years of dedicated research at Corning - an achievement that only five U.S. companies can claim. "Today's groundbreaking represents an important milestone in our continuing commitment to excellence in research and development, and to the southern tier of New York State," Weeks said. Weeks traced Corning's history of research breakthroughs from developing the glass envelope to commercialize Thomas Edison's electric light bulb, to cathode ray tubes that enabled the growth of television, to today's newest game-changing technology, ultra-bendable fiber. "Today's announcement demonstrates that great companies like Corning are investing in Upstate New York's innovation economy because they understand its potential," said Governor Spitzer. "These are the type of key projects that will continue to drive the revival of the Upstate economy and the Southern Tier." Corning Chief Technology Officer Dr. Joseph A. Miller spoke of Corning as an organization that thrives on creating first-of-a-kind, life-changing innovations. He attributed Corning's ongoing success in research and development to a special recipe: a centralized and collaborative R&D environment, a vibrant innovation heritage, and a community of talented employees to whom Miller dedicated the event. "They are delivering the inventions and innovations that will not only grow Corning, but will contribute to the well-being of this region," Miller said. Assistance for this expansion project has been offered by the Empire State Development Corporation, the New York State Energy Research and Development Authority, and the New York State Department of Transportation in the forms of: a $1.5 million capital grant; up to $1.5 million in project funding; and up to $750,000 in Industrial Access Program funding, respectively. The Industrial Access Program funding is to be applied for by the town or county. About Corning Incorporated Corning Incorporated (www.corning.com) is the world leader in specialty glass and ceramics. Drawing on more than 150 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy and metrology.

Dubai Group Purchases US$5 Million in ZAP Shares

Filed Under (Companies, Forex News, Investment, Technologies, financial, future, market, parnership, system) by admin on 12-11-2007

Tagged Under : , , , , , , , , , , , , , , , , , , , , , , , ,

Al Yousuf Group and electric car pioneer ZAP (OTC BB:ZAAP.OB) announced today that the Dubai-based manufacturing and distribution company has invested US$5 million ($5,000,000) in ZAP shares. The Al Yousuf Group, along with its subsidiary Al Yousuf Motors, is one of Dubai's leading distributors of automobiles, off-road vehicles and boats. Founded in 1952, Al Yousuf Group has 18 subsidiaries with branch offices in Abu Dhabi, Al Ain, Cairo, Fujairah, Jeddah, Ras Al Khaimah, Riyadh, and Sharjah, according to the Middle East information resource Zawya (http://zawya.com/cm/profile.cfm/cid489977/). ZAP has been a pioneer in electric transportation since 1994, delivering more than 100,000 electric cars, trucks, scooters, bicycles and other vehicles to consumers in 75 different countries. Over the past few years ZAP has accelerated its plans to market electric cars and trucks using the latest in advanced technologies. ZAP is manufacturing a full-line of electric vehicles and has plans to develop full-performance models using the latest advances in automotive technologies. "I really like ZAP's approach to the electric vehicle market," said Eqbal Al Yousuf, President of Al Yousuf Group. "I am impressed with the technology ZAP is developing -- like wheel motors -- as well as its management team and we look forward to building a broader business relationship with them." The Al Yousuf Group has developed partnerships with many of the world's renowned brand names in Asia, Europe and the USA. A number of these ventures have grown into long-term business relationships. Al Yousuf Motors' portfolio includes General Motors and Daihatsu vehicles, Daewoo buses, Suzuki motorcycles and outboard engines, Yamaha motorcycles, outboard and marine engines, water vehicles, generators, boats etc. "We believe there is a big demand for clean transportation in The Middle East and we see ZAP in a position to deliver on that demand," said Hossein Asrar Haghighi, Chief Finance Officer of Al Yousuf Group. "We are long-term investors in this endeavor and will focus our efforts with ZAP on this important work to contribute to a green community worldwide through different units of our Group." "Forming a relationship with Mr. Al Yousuf over the past several months has opened new horizons for ZAP and its business plans," said ZAP CEO Steve Schneider. "Al Yousuf has been one of Dubai's leading business innovators for more than half century. I believe this is the right relationship for ZAP to expand on its global marketing strategy." About the Al Yousuf Group With more than 50 years in business, Al Yousuf Group has diversified into a multitude of industries under various subsidiaries, with dealings in Automotive, Information Technology and Telecommunications, Consumer Electronics, Boat Manufacturing, Air Conditioning, Imperbit Membrane manufacturing, Real Estate, Transportation and more. The Group has grown remarkably through a combination of aggressive marketing and the continuous addition of new agencies and businesses -- a mark of confidence that the community has in the future of Al Yousuf. It now has a network of subsidiaries and associate companies having staff strength close to 3,000. Al Yousuf is constantly seeking new opportunities to partner with regional and world brands that are themselves looking to expand to new markets. Increasingly, these companies are recognizing the advantages of partnering with Al Yousuf -- a global organisation that has strengthened immeasurably over the past half century. With its enviable record of strong continuous growth, the solid support of its business partners, dedicated and loyal workforce behind it, and the Royal Family's vision as its guide, Al Yousuf is well placed to realize its ambitions for the next centuries to come. About ZAP ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently launched a new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

PPL Partners with Vermont Landfill

Filed Under (Business, Forex News, benfits, invstment, market) by admin on 08-11-2007

Tagged Under : , , , , , , , , , , , ,

PPL Partners with Vermont Landfill to Develop Renewable Energy Generating Facility PPL Renewable Energy, a subsidiary of PPL Corporation, will develop and install a 4.8- megawatt methane-to-electricity power generation system at the Moretown Landfill in Moretown, Vt., the company announced Thursday November 8th. Moretown Landfill, a subsidiary of Highstar Waste Holding Corp., will provide 2.4 million cubic feet of methane gas every day to power Caterpillar generators at the 200-acre facility. Methane-to-energy systems at landfills have a dual benefit for the environment -- they generate electricity from renewable fuel while also eliminating emissions of methane, a gas that contributes to global warming. Methane is created when refuse in landfills decomposes. "This project is consistent with our company's vision of being the best possible partner to all of our constituencies, local communities, customers, employees and shareholders," said Frank E. Celli, chief operating officer of Highstar Waste Holding Corp. "By developing this project with PPL Renewable Energy, the Moretown Landfill creates a beneficial use for a naturally occurring byproduct of our waste management operations and reduces greenhouse gas emissions." The power generated by the facility will be sent to the electricity grid and will power the equivalent of 3,000 homes. The companies expect the project to be operational by Dec. 31, 2008. "We're excited to be partnering with HWHC on this project that captures a valuable fuel that would otherwise be wasted and uses it to generate electricity," said Steve Gabrielle, business development manager for PPL Renewable Energy. "When completed, this plant will prevent the equivalent of 29,000 tons of carbon dioxide emissions each year. That's equal to removing 40,000 cars from the road or planting 57,000 acres of new forest." PPL Renewable Energy already has developed renewable energy projects that total more than 15 megawatts of generation -- enough to power 12,000 homes. These include solar panel installations and landfill gas projects in Pennsylvania and New Jersey. In addition, PPL purchases energy from the 24-megawatt Bear Creek wind farm near Wilkes-Barre, Pa., and the 26-megawatt Locust Ridge project in Mahanoy City, Pa. Other projects -- including new solar, landfill gas, wind and biomass -- are under development by PPL. PPL Renewable Energy, a subsidiary of PPL Corporation, develops, owns, operates and maintains renewable energy projects in the northeastern United States. The company will invest at least $100 million in additional renewable energy projects in the next five years. PPL Corporation, headquartered in Allentown, Pa., controls more than 11,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets and delivers electricity to about 4 million customers in Pennsylvania and the United Kingdom.