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SolarBrook Water and Power Corporation (PINKSHEETS: SWPC)(Wed., January 2, 2008), a developer, manufacturer and marketer of water quality and clean power products, announced earlier today that as a part of its ongoing restructuring program, Keith McNeely, formally the Vice President of Industrial Sales for the company's MARTI unit, has been promoted to Chief Operations Officer of the SolarBrook Water and Power Corporation.
Mr. McNeely's promotion and the company's recent name and trading symbol change are all part of a restructuring plan and growth strategy initiated by SolarBrook Water and Power Corporation's Board of Directors.
George Moore, CEO of SolarBrook, commented, "We believe this change in our core team will optimally position us to take full advantage of the business strategy we have adopted for 2008. With the new strategic plan being adopted by SolarBrook and the addition of new technologies, products and services from our new alliance partners, these changes will better enable us to offer appealing solutions for the worldwide delivery of clean water in both on- and off-grid applications."
SolarBrook Water and Power Corporation, headquartered in Apex, North Carolina, maintains a core focus of seeking out synergistic acquisitions that will provide capital appreciation and income for its portfolio companies. The mission of SolarBrook is to acquire and develop innovative technologies and businesses that will improve the quality of water throughout the world by means of detection, treatment and removal of contaminants. SolarBrook also seeks to provide integrated clean power alternatives for remote and off-grid systems, further expanding market potential.
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InferX Corporation (OTCBB: IFRX), a leading data analytics and security risk firm which provides the most advanced technology and screening process available to protect the U.S., announced earlier today that the U.S. Patent and Trademark Office has approved the issuance of a patent for the company's Distributed Data Mining and Compression Method and System. It was filed on July 10, 2003 for essential components of InferX's flagship product, Distributed Data Analytics Platform (D2AP).
D2AP offers a new generation of technologies for a network-centric approach to pattern discovery from dispersed data. The key benefit of D2AP is that the entire enterprise data can be analyzed at its local points of origin, facilitating near real-time analytics to meet critical mission needs. In addition, by keeping the data where it resides, the approach addresses the ownership, privacy, and security concerns of the organization or enterprise.
"This technology will be able to provide the best protection available for this country," said Jesus Mena, InferX's Chief Strategy Officer. "With the threat of severe security breaches, this technology is pivotal in the prevention of terrorist acts and the general security of private information."
InferX (OTCBB: IFRX) is a market leader in next generation predictive analytics. The Company has pioneered and commercialized a powerful, proprietary suite of data analytical risk and threat assessment solutions including:
-- InferAgent, a technology that accesses, analyzes and performs predictive analyses in real-time on multiple, distributed, disparate databases;
-- InferText, a technology that accesses, analyzes and performs predictive analyses on documents, reports, e-mails and other texts;
-- InferCluster, a technology that allows users to automatically identify data clusters and outliers hidden in large amounts of data;
-- Distributed Data Analytics Platform (D2A), used to concurrently analyze both structured and unstructured data.
InferX is uniquely capable of delivering secure, real-time privacy preserving intelligence and tactical decision-making support for commercial enterprises and government -- all without the need to move data or the creation of costly data warehouses.
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Earlier today AMS Homecare Inc. (PINK SHEETS: AHCKF), a provider of mobility products, durable medical products and patient monitoring technology to the aging North American population, announced the following corporate update.
The company issued a news release and provided a corporate update last week on December 28, 2007 and advised on matters relating to Eclipse Medical. To update further, on December 24, 2007 the company also filed a Writ of Summons taking action against 6833110 Canada Inc. d.b.a. Eclipse Medical, Solaris Pharmaceuticals Inc., Mr. Amarjit Mann, Mr. Sukhwinder Grewal, all residing in Surrey, B.C. and also Mr. Kelly Langlois, Ms. Debbie Gorst, Mr. Daryl Hixt and Mr. Vitaly Korotov.
AMS Homecare Inc. alleges that the Defendant, 6833110 Canada Inc. (Eclipse Medical) is a corporation, whose directing mind and will and financier is Mr. Amarjit Mann along with Mr. Sukwinder Grewal, Chartered Accountant, and CFO of Solaris Pharmaceuticals Inc. (d.b.a. Medisave and/or Candrug) and owner of 6833110 Canada Inc. (Eclipse Medical) all conspired with the other Defendants to usurp the business opportunities of AMS Homecare Inc. and interfere with contractual relations.
The Defendant, Mr. Amarjit Mann ("Mann"), is a former director of the Plaintiff, AMS Homecare Inc. ("AMS") and as such had all the duties of a director including fiduciary duty and statutory duties. Mann breached his duties to AMS by disclosing confidential information regarding AMS business, conspiring with the Defendant, Mr. Sukhwinder Grewal and 6833110 Canada Inc., to compete with, harm and ultimately usurp the business of AMS. Further, Mann interfered with AMS's contractual relations with customers, dealers, and manufacturers. AMS's claim against Mann is for damages for breach of his common law, fiduciary and statutory duty, interference with contractual relations, appropriation of business opportunities and conspiracy.
The Defendant, Mr. Sukhwinder Grewal, a Chartered Accountant and officer and director of 6833110 Canada Inc. and an officer of Solar Pharmaceuticals Inc., who at all material times knew of the Defendant Mann's duties to AMS and acted at the request of Mann to carry out his instructions and directions in operating 6833110 Canada Inc. in order to disguise Mann's role and beneficial interest in 6833110 Canada Inc. with a view to usurping the business of AMS. The Plaintiff's claim against Grewal is for interference with contractual relations and conspiracy.
Mr. Kelly Langlois, Ms. Debbie Gorst, Mr. Daryl Hixt and Mr. Vitaly Korotov (The "Employee Defendants") are all former employees of AMS who, pursuant to written employment agreements, agreed to keep the business of AMS confidential and agreed not to compete with AMS for a period of two years after the date of their employment with AMS ended. Each of the Employee Defendants is in breach of their contractual duties and their post employment duties. At all material times, the Employee Defendants knew that Mann was a former director of AMS and was, contrary to his duties to AMS, attempting to usurp the business of AMS and taking steps both to damage AMS's business and to appropriate its business opportunites. AMS's claim against each of the Employee Defendants is for breach of contract and conspiracy.
AMS's claim against all of the defendants is for damages, an interim and permanent injunction and for costs. AMS CEO and President, Mr. Harj Gill, states, "This action was taken to protect the shareholders and to attempt to recover tens of millions of dollars in damages the company has incurred."
Mr. Georges Sourisseau, of Taylor Sourisseau Tatchell in Vancouver, B.C., has prepared and filed the lawsuit. The company will be issuing further news regarding other company matters over the next week.
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Earlier today Solar Night Industries (PINKSHEETS: SLND), a renewable energy company formed to accelerate the adoption of Modern Energy Solutions, introduced the Solar Synapse, a product, sales and marketing program designed to capitalize on the burgeoning demand for renewable energy alternatives among potential new homeowners. According to a recent Roper survey commissioned by Sharp Electronics Corporation, nearly 90 percent of Americans think that solar electricity should be an option for all new home construction. Three-quarters of survey respondents perceive solar power to be more important than ever, evidence that Americans recognize the value of solar as a modern, renewable form of energy.
The Solar Synapse Pre-Wire Kit is part of an overall program designed to empower homeowners to add energy efficiency in the future. The Kit, installed during construction, will prepare a new home for adding photovoltaic solar panels (electricity) at some future date. With new federal, state and local subsidies changing and the price of solar panels projected to halve in the next five years, the timing is perfect to make these new homes "solar ready" now. The program includes marketing materials to help the builder sell Pre-Wire Kits and provides a post-purchase activity for the new homeowner. After closing, new owners can go to the Solar Synapse site to register their kit. They will receive a copy of a "The Homeowner's Guide to Renewable Energy," plus they qualify to receive a Modern Energy Plan from SNI for their home. The revolutionary Modern Energy Plan is a customized plan that will tell them the cost to complete the total solar system, plus, educate the consumer regarding the incentives in their area.
"We feel the Solar Synapse is a unique solution for builders who seek to differentiate their business and attract the mainstreaming green market. Education is an important aspect of our business model and we believe this program teaches builders about the potential of using modern energy solutions as a best-practice, and educating the homeowner regarding their options," says Tim Corbet, CEO of Solar Night.
Solar Night is expanding the Solar Synapse product rollout via a network of Manufacturer's Representatives' from the building and renewable energy segments. For more information, go to www.SolarSynapse.com.
Solar Night Industries, Inc. is a national Modern Energy Company that enables residential and commercial energy users to implement cost-effective, renewable energy solutions that help them reduce their dependence on traditional energy sources, reducing Co2 emissions. Solar Night Industries, Inc. is based in St. Louis, Missouri (USA).
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Propalms, Inc. (PINKSHEETS: PRPM) is pleased to have announced earlier today that the Company has signed a significant contract through its distributor for Argentina and Chile SRB, with Kolektor which has adopted Propalms TSE in its process of collecting rents for Ministry of Finances of the Province of Cordoba in Argentina.
"We're very pleased to be working with Kolektor. Our TSE software will allow them to better serve its customer base and allow them to work behind the scenes to deliver information to its clients when they need it without complications," stated Owen Dukes, CEO of Propalms, Inc.
"Thanks to Propalms TSE we have rationalized and simplified all the management of debt received from Interior rents. Before implementing the software, the management was transacted via a central office; Propalms has increased the speed of recovery by three to four days," explained Mr. Luis Balbuena, Manager of Systems of Kolektor.
Propalms TSE, the complete Server-Based Management solution that extends Microsoft Terminal Services 2000/2003, offers features such as Application Publishing, Seamless Windows, Resource-based Load balancing, and Web-based management consoles.
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