Cepheid (Nasdaq:CPHD) announced it has entered into an agreement with LABSCO (www.labsco.com), the largest privately held distributor of clinical products in the United States, to become its US distribution partner for Cepheid’s GeneXpert� Systems and tests. The agreement grants LABSCO exclusive US distribution rights to the acute care hospital market for institutions with less than 150 beds. The agreement does not presently include the higher throughput GeneXpert Infinity System.
Cepheid, a molecular diagnostics company, develops, manufactures, and markets integrated systems for testing in the clinical market, as well as for application in legacy biothreat, industrial, and partner markets.
Cleantech Transit, Inc. (CLNO)
Cleantech Transit, Inc. is in the business of producing and conserving power. They produce and sell clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind. Cleantech Transit, Inc goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy.
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company’s manufacturing clients worldwide.
As you’ll see, the advantages of biomass energy are many. However, remember that reaping these advantages requires appropriate use. Energy policy often can be tainted with political motives, and it’s as true with biomass energy programs as with any other form
One of the major advantages of biomass energy is its small carbon footprint compared to fossil fuel.
As long as new plant material is grown to replace that used, biomass energy produces no net CO2 increase.
To the extent biopower reduces fossil fuel consumption it reduces CO2 release.
To the extent biomass fuels replace fossil fuel and reduce the severity of forest fires and field burns, they reduce air pollution and the addition of nitrogen and sulfur compounds responsible for acid rain to the atmosphere.
Cleantech Transit Inc. recently announced that the previously announced 500 KW biomass gasification facility located in Merced, California has successfully passed its interconnection tests and is now connected to the utility distribution grid.
The gasification technology uses a non-combustion process to convert Ag and other woody residues into a hydrogen rich gas (”syngas”), which is then converted into electricity, along with heat and biochar (a useful byproduct that captures carbon in solid form and can be used as a soil amendment).
The Phoenix Energy technology used in Merced essentially cooks the biomass in an oxygen-deprived environment to release the elemental gasses from the wood. In the process biomass is converted into a carbon rich biochar. With the carbon fixed in solid form this process not only provides a valuable soil amendment but also serves as a source of carbon sequestration.
The Merced plant is expected to produce enough electricity to power about 400 homes. The plant connected to the electricity grid under California’s feed-in-tariff with a 15-year power purchase agreement.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
EZCORP Inc. (Nasdaq:EZPW) announced that it has completed the previously announced acquisition of fifteen Mister Money pawn stores located in Iowa, Wisconsin, and Illinois. The purchase price was paid in cash.
EZCORP, Inc., together with its subsidiaries, lends or provides credit services to individuals to meet their short-term cash needs.
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