Turning Pennies into dollars: (OTCBB: DIAAF), (NASD: VLNC), (OTC: ESMT).
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Diamant Art Corporation (OTCBB: DIAAF)(February 8th, 2008) primarily engages in the production, distribution, and marketing of replications of original paintings. It produces replications of original paintings that incorporate brushwork texture, including oil, acrylic, and other textured pigment mediums under the name Artagraph using its patented and proprietary technologies. The company manufactures reproductions of impressionist and postimpressionist paintings, as well as paintings by contemporary artists. It also contracts with art publishers, and produces and sells replications of contemporary works of art. Diamant Art supplies its catalogue products to retail store or art gallery customers in Canada and the United States. In addition, the company intends to manufacture a non-PVC (poly vinyl chloride) food packaging stretch film, under license from Diamant Plastics Corp. and under the trade name DIAMANT. Diamant Art was incorporated in 1986. It was formerly known as ART International, Inc. and changed its name to ART International Corporation in 2003. Further, the name was changed to Diamant Art Corporation in 2004. The company is headquartered in Markham, Canada.
On Friday DIAAF announced that, through its wholly owned subsidiary, Bio-Plastics Film Inc., it has received an order for bio-degradable plastic film from Google based on their commitment to become a company that in every way consumes responsibly in the light of our ecological global crisis. The NON-PVC plastic bio-degradable film will be used for the Company's internal requirements.
This purchase is based on a comprehensive plan that Google has committed to execute implementing some environmentally sound strategies that include reducing energy consumption by maximizing efficiency, investing in and utilizing renewable energy sources, and purchasing carbon offsets for the emissions that can't directly reduced.
This current initiative is part of Google's continuing commitment to a clean and green energy future. Google has been making great strides in converting to eco friendly solutions and optimizing energy efficiency to making the business environmentally sustainable.
Last spring Google announced that it would be carbon neutral for 2007 and beyond. The Company has taken concrete steps to reduce the carbon footprint and accelerate improvements in green technology. In addition to "greening" the Company, they have announced that they are also cooperating with members of the tech community to improve efficiency on a broader scale.
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Valence Technology, Inc. (NASD:VLNC)(February 8th, 2008), together with its subsidiaries, engages in the commercialization of phosphate-based lithium-ion rechargeable battery technology, known as Saphion. The company offers various Saphion technology-based power systems, including N-Charge and U-Charge. The N-Charge power system is a stand-alone tool that provides power for various portable electronic devices, such as a notebook computer, cell phone, and personal digital assistant. The U-Charge power system is offered as a replacement for lead acid batteries systems, which would be used in applications, such as electric vehicles, wheelchairs, scooters, robotics, marine, remote power, military, back-up, and various other devices. It markets its products through national retailers, distributors, and resellers, as well as directly through its sales force and Web site in the United States and internationally. The company was founded in 1989 and is headquartered in Austin, Texas.
February 7th VLNC announced that it has entered into a contract with The Tanfield Group Plc (LSE: TAN) to manufacture and supply safe, Lithium Phosphate energy storage systems to power zero emission, all-electric commercial delivery vehicles. The Valence battery systems will be installed in leading-edge vans and trucks produced by Tanfield's UK-based trading division, Smith Electric Vehicles, the world's largest manufacturer of electric vans and trucks.
Under the agreement, Tanfield will purchase up to $70 million of Valence products in the contract's first phase and Valence has already received a firm purchase order for the first calendar quarter.
The agreement will also result in Tanfield becoming the first volume customer for Valence's third generation Lithium Phosphate Epoch technology, a battery system equipped with an advanced management system that monitors and automatically adjusts cell performance so battery packs operate at their optimum performance capacity. Epoch benefits include a fail-soft capability that is designed to eliminate system failure caused by a single cell and to have a life cycle comprised of more than 2000 charge cycles when deep discharged in demanding electric vehicle applications.
"The Valence Epoch System which we introduced at the December 2007 EVS-23 show has the potential to move the industry closer to the tipping point when EVs and plug-in HEVs will be broadly adopted and deployed," said Robert L. Kanode, president and CEO of Valence. "We believe that Valence is the first Lithium Phosphate battery producer to have the sourcing and manufacturing capability and start-to-finish infrastructure to immediately ship safe, reliable, Lithium Phosphate energy storage systems in the quantities demanded by the electric vehicle market. For the past six months we have been working to scale up our proven operational capabilities to meet anticipated demand."
Darren Kell, Chief Executive of The Tanfield Group Plc, said "We are constantly looking for new, cost-effective technologies that can improve our zero emission commercial electric vehicles and broaden our customer base. The Valence battery pack is an efficient, inherently robust and reliable system that gives us greatly increased flexibility in vehicle design."
Tanfield launched the first of its new generation of Smith zero-emission commercial vehicles in December 2006 and has quickly developed a wide customer portfolio across the UK and mainland Europe, including Sainsbury's Online, the Royal Mail, TNT Express, Carlsberg, Balfour Beatty, Amey Construction and DHL Exel Supply Chain. Smith launched its first United States-specific vehicle at EVS-23 in California in December 2007.
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e-Smart Technologies, Inc.(OTC: ESMT)(February 8th, 2008), a development stage company, engages in the creation, marketing, manufacture, installation, operation, and maintenance of biometric identification verification systems. These systems utilize Biometric Identification Verification Security System platform, which consist of the Super Smart Card, readers, operational software, and a communication technology that ensures that the transmission of data throughout the system is secure and reliable. The company is based in New York, New York.
e-Smart announced that it has delivered the Company's newest Super Smart Card(TM), the "I AM"(TM) to Hubro Co., in South Korea.
Both companies celebrated the delivery of the "I AM"(TM) card during a ceremony that was held at e-Smart's Marketing Center in Seoul, Korea presided over by Mr. Teawon Park, the CEO of Hubro, and Daniel Park, e-Smart's Executive Director in Korea, with e-Smart Korea and Hubro executives in attendance. e-Smart's newest Super Smart Card(TM), the "I AM,"(TM) will be utilized in Hubro's security access control and on-line internet security, and additional applications can be added in the future.
Richard Kim, the Managing Director of e-Smart Korea said, "This is a very big day for e-Smart. Our outstanding inventors and talented team of engineers have accomplished a major milestone in the production of our new e-Smart Super Smart Card(TM) and we're all very proud of their hard work, persistence and determination to achieve this important milestone."
Mary Grace, CEO of e-Smart said, "I am so very proud of all of our great e-Smart team who have achieved this major milestone. We are eager to begin an aggressive rollout schedule to start fulfilling all of the Company's revenue producing contracts in Korea, Asia and around the world, and meeting our goal of creating substantial shareholder value from the revenues produced by these contracts."
e-Smart Technologies, Inc., is the exclusive supplier of the Biometric Verification Security(TM) (BVS2(TM)) system, the "I AM"(TM) card and the Super Smart Card(TM) system and related system technologies for Asia, Africa and the U.S., which e-Smart believes to be the world's first smartcard of its kind with an on-card sensor and a full match on-card system and other unique technologies for secure biometric ID verification. e-Smart's next generation technologies allow governments, public and private institutions, healthcare providers and insurers, companies large and small, to provide a superior level of protection. The "I AM"(TM) card, Super Smart Card(TM) system and BVS2(TM) security system can secure countries from criminal and terrorist threats, stop ID and payment fraud, along with identity theft in connection with physical and logical access and financial transactions, including telephone, Internet payment and other financial and data related transactions all while protecting individual privacy.
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