Smallcap Recap Archives
June, 2005 - II:
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. . . Propane Purchase - Tidelands Oil & Gas Corporation (OTC:TIDE), signed a Letter of Intent for the purchase of CHDR, Inc. headquartered in Bayamon, Puerto Rico. The acquisition of CHDR will enable Tidelands to purchase vast quantities of propane at discounted wholesale values. CHDR, Inc. owns a propane marine bulk terminal and numerous plants servicing the entire territory of Puerto Rico, and provides propane distribution to the U.S. Virgin Islands. Tidelands Oil & Gas focuses its business on international pipeline crossings, gas processing plants and gas storage facilities.

. . . Surf's Up - Sew Cal Logo (OTCBB: SEWC), a Southern California-based company that produces film wardrobe, sportswear and related corporate identification has acquired the assets of Action Shirts for cash and stock. The company, also known as "Hangtime," has been a Huntington Beach icon since 1978. Joe Pearson, owner of Action, is well-known in the surfing world and will help expand and create original "California Life Style designs for Sew Cal's clients. The "California Lifestyle" continues to be a highly desired image in many parts of the US and around the world.

. . . Just checking - Intelli-Check (AMEX:IDN) announced that a significant retail customer has licensed its identification-document verification technology. Under the terms of the agreement, Intelli-Check is precluded from disclosing the retailer's name and the specific details. Intelli-Check expects to report record bookings for the quarter ended June 30, 2005. Intelli-Check develops technology that assures the authenticity of driver licenses, state issued non-driver and military identification cards used as proof of identity. Its patented ID-CHECK technology instantly reads, analyzes, and verifies the encoded data in magnetic stripes and barcodes on government-issue IDs from approximately 60 jurisdictions in the U.S. and Canada to determine if the content and format is valid.

. . . XM Satellite support - Space Systems/Loral, a subsidiary of Loral Space & Communications (OTC:LRLSQ), announced that it has been awarded a contract by XM Satellite Radio to build XM-5, a high-power, digital audio radio service (DARS) satellite that will serve as a ground spare in the XM Satellite Radio fleet, ensuring XM subscribers across North America with continued high- quality, digital- music, entertainment and data services. XM is America's number one satellite radio service with more than 4 million subscribers.

. . . Biomarker Collaboration - Compugen (Nasdaq:CGEN) announced a collaboration agreement with Ortho-Clinical Diagnostics, Inc., a Johnson & Johnson company. Under the agreement, Ortho-Clinical Diagnostics and Compugen will jointly develop diagnostic products based on biomarkers discovered by Compugen. Ortho-Clinical Diagnostics will have worldwide rights for commercialization, with Compugen receiving development milestones and royalties. The collaboration combines Compugen's unique discovery capability and existing candidate portfolio with Ortho-Clinical Diagnostic's global development and commercialization strengths.

. . . Warts Begone with Dr. Scholl - OraSure Technologies (NASDAQ:OSUR) announced an exclusive agreement with SSL International plc under which OraSure will manufacture and supply, and SSL will distribute, the company's cryosurgical wart removal product in the over-the-counter footcare market in Europe, Australia and New Zealand. The product will be manufactured and sold under SSL International's Scholl and Dr. Scholl trademarks.

. . . Safer with eSafe - Aladdin Knowledge Systems (Nasdaq: ALDN) announced the availability of Aladdin eSafe 5, addressing the latest spyware/adware threats with multi-layered comprehensive content protection. According to the company, Aladdin eSafe 5 is the only gateway-based security solution that inspects all Web content. Aladdin eSafe 5 automatically blocks malicious code, scripts, exploits and more, significantly reducing the chance of gaining threats through Web browsing -- a common weakness in today's corporate networks.

. . . Handheld digital TV - Microtune, Inc. (Nasdaq:TUNE - News) has introduced a new family of tuners targeted for mobile handhelds, including cell phones, PDAs and other multimedia convergence devices. When integrated into portable handheld devices, the MT2260 tuner, permits users to watch multi-channel broadcast TV with full-motion digital pictures and CD-quality sound. In developing tuners for mobile devices, the company is building on its work on tuner technology for the digital TV market. In 1999, Microtune invented the single-chip TV tuner.

. . . Mobile Goes Global - Sona Mobile (PERF.OB), a provider of enterprise wireless solutions, announced that it has globally expanded the reach of its services through distribution partnerships with WIN Financial, a UK wireless data provider and EFO Group, China's premier provider of investor software. According to the agreement, both WIN and EFO Group will be granted permission to market and sell Sona Mobile's Mobile Markets enterprise wireless financial product to organizations within their region and under their own brand. Sona Mobile will service and maintain accounts from its offices in New York, London and Toronto.