RF Industries Ltd. (Nasdaq:RFIL) announced that it has entered into an agreement with Red Oak Partners, LLC, the deemed beneficial owner of 9.2% of the Company’s common stock. Red Oak had previously sent letters to RFI and filed a Schedule 13D with the Securities and Exchange Commission related to Red Oak’s intention to nominate various directors at the Company’s 2011 annual meeting of stockholders for election to the board of directors and regarding certain other corporate governance matters.
RF Industries, Ltd. provides interconnect products and systems for radio frequency (RF) communications devices and wireless digital transmission systems in the United States and internationally.
Lattice Semiconductor Corporation (Nasdaq:LSCC) announced that it is scheduled to present at the Deutsche Bank 2011 Technology Conference on Thursday, September 15 at The Cosmopolitan of Las Vegas. Darin G. Billerbeck, President and Chief Executive Officer, and Joe Bedewi, Corporate Vice President and Chief Financial Officer, will be presenting.
Lattice Semiconductor Corporation designs, develops, manufactures, and markets programmable logic products and related software.
Citrix Systems, Inc. (Nasdaq:CTXS) announced that the University of Tennessee at Knoxville (UT Knoxville) has launched “Apps@UT,” a program implementing Citrix� XenDesktop� that runs on a Cisco and NetApp� infrastructure to deliver full Windows� desktops and applications as an on-demand service.
Citrix Systems, Inc. designs, develops, and markets technology solutions that deliver information technology services on-demand worldwide.
Cleantech Transit, Inc. (CLNO)
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.
The use of biomass for energy causes no net increase in carbon dioxide emissions to the atmosphere. As trees and plants grow, they remove carbon from the atmosphere through photosynthesis. If the amount of new biomass growth balances the biomass used for energy, bioenergy is carbon dioxide “neutral.” That is, the use of biomass for energy does not increase carbon dioxide emissions and does not contribute to the risk of global climate change. In addition, using biomass to produce energy is often a way to dispose of waste materials that otherwise would create environmental risks.
Cleantech Transit, Inc. (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.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
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