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Maxwell to Be Added to Russell 2000 and 3000 Indexes, Annouces New Product

Maxwell Technologies Inc. (Nasdaq: MXWL) will be added to the Russell 2000, 3000 and appropriate growth and style equity indexes when they are reconstituted on June 30, 2006, according to a preliminary list of additions issued by Russell Investment Group. Membership in Russell’s equity indexes is determined annually on the basis of market capitalization rankings and style attributes. Russell indexes are widely used by managers for index funds and as benchmarks for both passive and active investment strategies. According to Russell, $3.8 trillion in assets currently are benchmarked to them. Investment managers who oversee these funds purchase shares of member stocks according to that company’s weighting in the particular index. Annual reconstitution of the Russell indexes captures the 3,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization to create the Russell 3000. The largest 1,000 companies in the ranking comprise the Russell 1000 Index while the remaining 2,000 companies comprise the widely used Russell 2000 Index. Maxwell also announced the release of a new “Quick-Turn” BOOSTCAP ultracapacitor module program that offers shipment within 14 days of receipt a customer purchase order for custom-configured multi-cell energy storage and power delivery solutions for systems requiring […]

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EarthShell Adds New Customers

EarthShell Corporation (OTCBB:ERTH) and its U.S. licensee ReNewable Products, Inc. (RPI) have signed three new, premiere supermarket chains to purchase EarthShell’s environmentally preferable disposable plates and bowls. These retailers join the list of recently announced new customers who have already begun selling EarthShell Dinnerware to consumers in the Midwest, on the West Coast and in the Northeast. New customers include Wegmans Food Markets, a 71-store supermarket chain with locations in New York, Pennsylvania, New Jersey, Virginia and Maryland. Founded in 1916, Wegmans is recognized as an industry leader and innovator. Additional new customers include Heinen’s Fine Foods, a premiere 16-store chain, serving the Cleveland, Ohio market since 1929 and Fishers Foods, serving the upstate Ohio area for over 70 years. EarthShell foodservice disposable packaging is designed with the environment in mind. Developed over many years using a “life cycle inventory” and in consultation with leading environmental experts, EarthShell products reduce the environmental burdens of rigid food service packaging through the careful selection of raw materials, processes and suppliers. The products are made primarily from natural limestone and starch from potatoes, wheat or corn. The new packaging poses substantially fewer risks to wildlife than polystyrene foam packaging because it biodegrades when […]

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Bodisen Biotech Signs $45M Supply Contracts

Bodisen Biotech, Inc., (AMEX:BBC, London AIM:BODI) has signed new product supply contracts totaling 200,000 metric tons of bio compound fertilizers (approximately $45 million) with the city government of A La Er, Xinjiang, to expand Bodisen’s operations into Xinjiang, the largest agricultural province in China. In addition, Bodisen has received income tax exemption status for all products sold in this region through 2010. According to government statistics, Xinjiang (Xinjiang Uyghur Autonomous Region) represents 25% of China’s arable land and produces 8% of the world’s cotton supply. More than four times the size of the State of California and accounting for more than one-sixth of China’s total territory, Xinjiang is known for its modern farming, fruits, wheat, sheep, minerals and oil. Managed by the Xinjiang Production and Construction Corps, a government agricultural monopoly, the entire Xinjiang region purchases approximately 2.3 million metric tons of compound fertilizers per year in addition to a large quantity of liquid fertilizers and pesticides. Bodisen’s CEO Karen Qiong Wang stated, “Bodisen’s expansion into Xinjiang represents a successful strategic milestone to reach our previously stated financial and operational targets for 2007. This is the first time that Bodisen has established a major local presence in Xinjiang, offering a […]

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Green Energy Resources Receives $1.6M Swedish Order

Green Energy Resources (Other OTC:GRGR.PK), a wood biomass supplier to the power utility industry, has received a trial order of wood biomass for renewable energy consumption destined for Sweden. The order, approximately 30,000 metric tons is, valued at approximately $1.6 million dollars and is scheduled for export in the fall of 2006. Successful shipment of the trial order will result in a 1-year supply option valued in excess $10.5 million dollars. The shipment will be delivered to the Stockholm region. Sweden plans a new power generating plant near Stockholm in 2009. The new plant will require nearly 1 million tons annually in woodchips to operate the new power generating facility. Green Energy Resources has on going discussions regarding those supply options. Website: http://www.greenenergyresources.com     

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Quantum to Develop Power Generators for China

Quantum Fuel Systems Technologies Worldwide, Inc., (Nasdaq: QTWW) has been awarded a contract by Synthesis Energy System, Inc. (SES) (OTC: SYMX) to develop modular stationary power generators that operate on hydrogen-rich synfuel for deployment in China. The synfuel-fueled power generators will be an integral component of syngas and co-generation facilities being developed in China by SES for large industrial customers. SES is working with large industrial customers to develop syngas and co-/poly-generation facilities. SES is developing projects based on innovative gasification technologies that convert low cost and abundant indigenous fuels, like coal, into high value commodities, such as synfuel, thus reducing dependence on traditional petroleum or natural gas feedstocks. SES co-generation projects can cleanly produce multiple commodities, such as electricity, steam, hydrogen, carbon monoxide, nitrogen, and oxygen for use in diversified manufacturing operations from computer chips to petrochemicals, or as a basic building block for synthetic fuel production, including methanol, ethanol, and diesel fuel. Quantum will apply its alternative fuel and hydrogen engine expertise to the development and optimization of the stationary power generators. Quantum will engineer a state-of-the-art OEM-caliber hydrogen-rich synfuel system, optimize the performance of the generator system, and perform verification testing of the systems. Quantum will integrate […]

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