Forward Industries Inc. (NASDAQ:FORD) previously reported that it has signed a Letter of Intent to acquire Flash Ventures, Inc., the leader in professional sports and college team- branded consumer electronics peripherals and accessories. Flash Ventures has product distribution in more than 3,000 retail locations, including five of the top ten major retailers in the U.S., in addition to its online channels. The agreement includes a unique opportunity for Forward to acquire a mobile accessories product portfolio that caters to sports fans, alumni and students. Forward anticipates the transaction will result in a positive contribution to 2011 operations, following closing.
Forward Industries, Inc., together with its subsidiaries, engages in the design, marketing, and distribution of carry solutions primarily for hand held electronic devices.
Muscle Pharm Corp. (MSLP.OB) reported the appointment of Michael R. Stevens, PharmD as Director of Therapeutic Nutrition.
Dr. Stevens joins MusclePharm with over twenty years of well diversified experience in the healthcare and pharmaceutical industry. In addition to his current role as Chief Strategy Officer for Virostatics, Dr. Stevens spent 17 years at Bristol-Myers Squibb, where he held positions of increasing responsibility in the areas of Market Research (Oncology and HIV), Marketing (Oncology), and Medical Affairs (HIV).
"Nutritional Supplementation has long been utilized within the HIV community to maintain and support muscle mass and help strengthen the immune system. Whey protein has been shown through various credible studies to aid in the growth of muscle mass. Unlike other Medicaid available proteins, MusclePharm's Re-con helps to burn fat while building muscle. This is a factor essential to people living with HIV, especially those on antiviral regimens where unwanted fat may be an issue in those who often battle muscle depletion. MusclePharm's MuscleGel(R) represents an untapped arena of health and wellness that makes it easy to consume on the go, without the use of liquids or mixing. It's a gel based protein supplement that enhances the body's ability to absorb nutrients, ensures a consistent delivery of hydrated nutrients every time, providing a soothing effect to the digestive system, and tastes great.
Headquartered in Denver, Colorado, MusclePharm is a rapidly expanding healthy life-style company that develops and manufactures a full line of NSF and scientifically approved, nutritional supplements that are 100% free of any banned substances.
For more information about this company please visit http://www.musclepharm.com
Force Protection Inc. (NASDAQ:FRPT) reported that it has received a firm fixed price modification to existing contract M67854-07-C-5031 from U.S. Marine Corps Systems Command with a total value of approximately $17.4 million extending 54 field service representatives to provide the full spectrum of support, modernization, and upgrade work on the Cougar Mine Resistant Ambush Protected (MRAP) vehicle fleet. All work under this modification is to be performed in Kuwait and expected to be completed by December 31, 2011.
Force Protection, Inc., together with its subsidiaries, engages in the design, manufacture, testing, delivery, and support of blast and ballistic protected vehicles.
SavWatt USA, Inc. (SAVW.PK) previously reported the partnership with Pro-EcoSolutions www.pro-ecosolutions.com. Under the agreement, Pro-EcoSolutions will be a subsidiary of SAVW. Pro-EcoSolutions is a New Jersey based implementation firm specializing in comprehensive support services for all energy services companies and performance contractors. Pro-EcoSolutions provides a single source for project support and installation. The Company excels in identifying savings opportunities through the use of the most efficient energy technologies. Pro-EcoSolutions professionals will then develop design/build specifications, manage construction, and provide post-installation performance evaluations. Past clients include: Trump Plaza Hotel and Casino, Vitamin Shoppe, Albert Einstein Medical Center, Duane Reade, Radio City Music Hall, Loews Cineplex, Johnson & Johnson, Citibank Branches and others.
SavWatt USA, Inc. is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. SavWatt is a market-leading innovator of LED lighting. SavWatt’s product families include LED fixtures, bulbs, Street Lights and Parking Lights.
For more information about this company please visit http://savwatt.com/
Frozen Food Express Industries Inc. (NASDAQ:FFEX) reported that Rob Newell has been elected to the position of Vice President of Capacity Development for FFE Transportation Services effective December 6, 2010. Mr. Newell has more than twenty six years of transportation experience and was most recently VP of Capacity Management at Greatwide in Dallas, Texas. A recognized leader in terms of growing fleets by systematically adding new qualified and professional drivers, Mr. Newell's expertise will be integral in helping FFE grow capacity to the next level and for the long term.
Frozen Food Express Industries, Inc., together with its subsidiaries, provides temperature-controlled truckload and less-than-truckload services in the United States.
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