LightPath Technologies, Inc. (NASDAQ:LPTH), a global manufacturer, distributor and integrator of patented optical components and high-level assemblies, is pleased to announce the election of M. Scott Faris to its Board of Directors as a Class II member. Mr. Faris will serve for the remainder of the Class II term, which expires on the date of the Company’s 2013 Annual Meeting of Stockholders. Mr. Faris qualifies as an independent director.
LightPath manufactures optical products including precision molded aspheric optics, GRADIUM� glass products, proprietary collimator assemblies, laser components utilizing proprietary automation technology, higher-level assemblies and packing solutions.
Historically, humans have exploited biomass to improve our quality of life by making products such as pulp and paper, sugar and food products (such as alcohol for consumption), structural products for building, etc. Humans have also used biomass for heating (from home wood stoves to large industrial boilers) and chemical production (e.g., wood vinegar, alcohols and other chemicals from wood).
Cleantech Transit Inc. (�Cleantech�) (OTC.BB:CLNO) is pleased to announce it has met its funding requirement to secure the Company�s ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
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.
A huge percentage of the world’s fossil fuels come from the world’s most volatile places. By reducing your use of oil derivatives, you reduce dependence on foreign energy sources, increasing the country’s energy security.
B.O.S Better Online Solutions Ltd. (Nasdaq:BOSC), a leading Israeli provider of RFID and Supply Chain solutions to global enterprises, announced that its Supply Chain division received a $2.5 million order from a leading manufacturer of customized LCD displays for the automotive Industry. The supply and revenues will spread over a 3 year period, mostly in the years 2013-2014.
Better Online Solutions Ltd. is a leading provider of RFID and Supply Chain solutions to global enterprises. BOS’ RFID and mobile division offers both turnkey integration services as well as stand-alone products, including best-of-breed RFID and AIDC hardware and communications equipment, BOS middleware and industry-specific software applications.
Yucheng Technologies Limited (NASDAQ:YTEC) announced that on December 30, 2011 the Company engaged BDO China Shu Lun Pan CPAs LLP (”BDO China”), the China -based member of BDO International Ltd., as its independent registered public accounting firm, replacing BDO Limited, the Hong Kong member of BDO International Ltd. (”BDO HK”), which resigned on December 30, 2011 . The Company believes the transition from BDO HK to BDO China will be smooth and will not adversely affect the Company’s upcoming audit.
Yucheng Technologies Limited is a leading IT service provider to the Chinese financial service providers. Headquartered in Beijing, China , Yucheng services clients from its nationwide network with approximately 2,600 employees.
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