Innovative Technology Expands Centraco 3.0 Command and Control Platform

JACKSONVILLE, FL / ACCESSWIRE / May 28, 2015 / Information Systems Associates Inc.’s (OTC Markets: IOSA) wholly-owned subsidiary Duos Technologies (“duostech”), a provider of intelligent security analytical technology solutions, announces completion of a new integration solution for Zenitel’s Stentofon IP intercom system.

The modular integration expands the capabilities of duostech’s Physical Security Information Management (“PSIM”) component of the centraco 3.0 platform, which is now coupled with AlphaCom XE audio servers and Turbine intercom stations to deliver customers real-time distress call propagation and two-way audio feeds. The centraco platform, acting as a central processing hub for signals from a virtually unlimited number of disparate sub-systems, intelligently enhances data streams received from AlphaCom XE’s connected stations by mapping the data source to metadata from real-time video feeds originating at the event location.

“With our latest integration solution for centraco PSIM platform, we are now able to leverage Stentofon’s powerful audio processing and delivery capabilities and capture distress signals paired with two-way audio feeds. Centraco enhances Stentofon’s signals with live camera views, navigable maps and other relevant metadata to give customers an immersive situational awareness and searchable audit trail,” said David Ponevac, Executive Vice President and CTO of ISA Duos Technologies.

Gianni Arcaini, ISA Duos Technologies’ Chairman and CEO stated, “We are very excited to bring this innovative integrated solution to market. This seamlessly integrated solution is especially suited for high-traffic environments such as hospitals, airports, rail road stations, student campuses, and other facilities with high volume people traffic.”

Centraco 3.0 intelligently connects information from a virtually unlimited number of connected devices, sub-systems and data streams into a single central command and control user interface.

About Information Systems Associates Inc./Duos Technologies Inc.

Information Systems Associates Inc. (OTC Markets: IOSA), based in Jacksonville, FL, provides intelligent security analytical technology solutions with a strong portfolio of intellectual property. Its Duos Technologies’ core competencies include advanced intelligent technologies that are delivered through its proprietary integrated enterprise command and control platform, Centraco(TM). The Company provides its broad range of technology solutions with an emphasis on mission critical security, inspection and operations within the rail, utilities, petrochemical, healthcare, and hospitality sectors. ISA also offers IT, professional services and consulting services for information technology projects.

For more information, check out: http://www.duostechnologies.com.

Forward-Looking Statements

This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, the successful operation of the integrated solution under typical real-time operating conditions, the market acceptance of such solution, our ability to tap into the relevant potential markets, the sufficiency and availability of working capital and general changes in economic conditions. Further information on our risk factors is contained in our filings with the SEC, including the Form 10-K for the year ended December 31, 2014. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to revise or update any forward-looking statement for any reason.

Contacts:

Corporate
Jean Martin
904-652-1601
jmm@duostech.com

Investors Relations
Hayden IR
917-658-7878
hart@haydenir.com

SOURCE: Information Systems Associates Inc.

ReleaseID: 429337

WEST PALM BEACH, FL / ACCESSWIRE / May 28, 2015 / FastFunds Financial Corporation (PINKSHEETS: FFFC) (the Company or FastFunds) announced today that it has successfully completed equipment installation and staff training to support a pre-launch dispensary order for the Tommy Chong Green Card at the Encanto Green Cross Dispensary (Encanto) in Phoenix, Arizona.

Encanto will be marketing the Tommy Chong Green Card with both a rewards component and smart card capability to function as a stored value card with cash reloadable features. This dispensary placement was completed through the Tommy Chong Green Card distributor David Epp of Forward Licensing LLC, Phoenix, Arizona, and FastFunds subsidiary, Cannabis Merchant Financial Solutions, Inc (CMFS). Forward Licensing LLC also is the Arizona distributor for other Tommy Chong branded products.

Encanto will be the operational showcase for the Tommy Chong Green card in preparation for the forthcoming June 2015 Tommy Chong Wellness Festival in Phoenix. This event will be showcasing all of the Tommy Chong related products including the Tommy Chong Green Card. The Company will release more details regarding this event when they become available.

Here in Encanto, we are excited to be the first dispensary in Arizona to offer the Tommy Chong Green Card Program and be the showcase for its implementation. We feel Mr. Chong is the Ambassador of the Cannabis Industry and we want to be associated with him. Our motto is Feel Better Naturally and think marijuana is medicinal in its most natural form. We feel that Tommy Chong is a good fit for our dispensary and for the entire industry. We are very excited to be a part of the Tommy Chong Green Card Program and offer it to all of our patients in Arizona, commented Nick Kriaris, President of Encanto Green Cross Dispensary.

We are very pleased to have Encanto be our first Tommy Chong Green Card client and serve as our showcase as we prepare to roll out the program. Their recognition of the value it brings to their business in terms of customer convenience, rewards and retention validates the Tommy Chong Green Card program and will serve as a model for future adopters. In addition, having the system up and running for the Tommy Chong Wellness Festival next month will allow us to provide hands-on demonstrations to other potential marketers, commented Kurt Martig, President of CMFS.

The Tommy Chong Cannabis Green Card functions as a pre-paid loyalty debit card with a turnkey customer rewards technology. In addition, the card functions as a reloadable stored value card that can be used to purchase merchandise at the participating dispensary.

About FastFunds Financial Corporation

FastFunds Financial Corporation (“FastFunds” or the “Company”) is a holding company that is publicly traded on the OTC Pink exchange, under the symbol “FFFC.” Through its wholly-owned subsidiaries, Cannabis Angel, Inc. and The 420 Development Corporation, the Company is focused on acquiring and building a portfolio of revenue producing companies that provide ancillary services to the cannabis industry. FastFunds does not engage in activities that violate Federal laws.

Safe Harbor for Forward-looking Statements

This news release may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the companys progress, business opportunities and growth prospects, they are based on managements current beliefs and assumptions as to future events. However, since the companys operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company’s filings with the Securities and Exchange Commission.

CONTACTS:

FastFunds Financial Corporation
Henry Fong, CEO
561-514-9042

SOURCE: FastFunds Financial Corporation

ReleaseID: 429303

DALLAS, TX / ACCESSWIRE / May 28, 2015 / Esposito Securities, LLC, a leading full-service investment banking, securities and private equity firm, today announced that it has named Tom Generazio as Equity Trader.

Mr. Generazio brings over two decades of securities trading, relationship management, market regulation and risk management experience to the position. Prior to Esposito Securities, Mr. Generazio served as Managing Director at Detwiler, Fenton and Company. In this role, Mr. Generazio oversaw all trading activity at the firm, supervised and managed the institutional equity and fixed income desks, built and maintained all trading infrastructure and order management systems, led the review and evaluation of procedures, practices and reporting for the trading department and was key in all business development initiatives at the firm.

“Our success will be based upon presenting flawless execution and high quality product to our clients. Building upon the platform Esposito has established, I will be focused on executing on our strategy to drive long-term value to both our existing and growing client base,” said Mr. Generazio, “My expertise in trading infrastructure and risk management systems will be a significant asset to Esposito. I’m thrilled to be joining a team that is well-positioned for growth.”

About Esposito Securities LLC

Esposito Securities LLC is a leading full-service investment banking, securities and private equity firm headquartered in Dallas, Texas. The Firm provides a full array of financial services including investment banking, global institutional equity, fixed income and derivative sales & trading, ETF sourcing and corporate access to a diverse range of corporate clients, institutional investors and high net worth individuals. Esposito is a registered broker-dealer with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board (MSRB), and is a member of the following: Financial Industry Regulatory Authority (FINRA), The National Futures Association (NFA) and the Securities Insurance Protection Corporation (SIPC).

To learn more about Esposito Securities and its family of financial services companies, please visit www.espoglobal.com.

SOURCE: Esposito Securities LLC

ReleaseID: 429300

SAN FRANCISCO, CA / ACCESSWIRE / May 28, 2015 / Heliospectra AB (OTCQB: HLSPY, FIRSTNORTH: HELIO),
a world leader in intelligent lighting technology for plant research
and greenhouse cultivation, is part of a unique agreement between Midroc New Technology and GORD – the Gulf Organisation for Research and Development.

New and revolutionary environmental technology from four Swedish
companies will be displayed in a special full-scale facility in Qatar’s
capital Doha. This opportunity may lead to a number of Gulf States
choosing Swedish technology in a major investment in sustainable
development, and is the outcome of an agreement between Midroc New Technology and GORD, the Gulf Organisation for Research and Development for the six Gulf States of the GCC (Gulf Cooperation Council).

“With resources from Qatar and technology from Midroc’s
portfolio companies, we will be able to showcase new solutions that are
sustainable in the long term for our planet and that are possible
already today,” says Göran Linder, CEO of Midroc New Technology.

The full-scale demonstration facility will be placed in Qatar Science
& Technology Park and will contain a number of functions, from
living quarters and workplaces to greenhouses. The idea is that one will
be able to see all these different technologies together in one place,
from the late summer of 2015 onwards.

The GORD Research Organisation is responsible for developing sustainable solutions for the whole of the GCC
(Qatar, Saudi Arabia, United Arab Emirates, Oman, Kuwait and Bahrain).
This means that the innovations that will be presented could in time
become the standard for all the member states. In an effort to
accelerate the introduction of technologies for world improvement, four
of Midroc’s portfolio companies achieve a unique position.

– Heliospectra offers intelligent
lighting systems for greenhouse cultivation that can also be used in
extreme environments. In comparison with conventional solutions, less
energy and water is consumed, there is no wastage, crop yield is
increased – and the crops taste better.

– Powercell has developed fuel
cell technology which converts diesel and hydrogen into electricity
highly efficiently. This allows energy consumption to be reduced by 50
percent while completely eliminating exhaust gases and toxic emissions.

– Air to Air has technology for both heat and moisture exchange,
giving the best possible control of indoor climate with the least
possible energy consumption.

– Solarwave offers solutions
driven by solar energy for water purification and desalination, making
it possible to use water that would otherwise be undrinkable. Their
compact plants can be as small as a backpack, or big enough to supply
thousands of litres per hour.

The two parties to the agreement are:

– Gulf Organisation for Research and Development (GORD), a non-profit governmental organisation whose purpose is to promote environmentally friendly and sustainable solutions in Qatar and the countries included in the GCC, Gulf Cooperation Council.

– Midroc New Technology, a member of the Midroc
Europe Group, is a venture capital company that invests in
groundbreaking technologies with global relevance in the environmental
and renewable energy fields.

About Midroc Europe

Midroc Europe has operations in
properties, construction, industry and environmental technology. The
operations are international, with Sweden as base. Midroc has 3200 employees and turnover in 2014 was more than SEK 5 billion.

About Heliospectra AB

Heliospectra AB (publ – listed on NASDAQ OMX First North HELIO ISIN SE0005933082 as well as North American ADR OTCQB: HLSPY Cusip:
423281104) (www.heliospectra.com) specializes in intelligent lighting
technology for plant research and greenhouse cultivation. Heliospectra
products are based on in-depth knowledge in plant physiology and
photosynthesis along with a unique way to utilize modern LED technology.
After six years of development in Sweden, the company has now begun to
expand into the international market. The company has raised more than $
15 million in venture capital and has received more than $2.6 million
through academic scholarships and grants. It has also received numerous
awards for its forward thinking technology. Principal owners: Weland Steel www.welandstal.se, Swedish Industrial Fund www.industrifonden.se, Midroc www.midroc.se, Wood & Hill Investment www.whab.se.

Forward-Looking Statements

The statements in this press release constitute forward-looking
statements within the meaning of federal securities laws. Such
statements are based on our current beliefs and expectations and are
inherently subject to significant business, economic and competitive
uncertainties and contingencies, many of which are beyond our control.
In addition, such forward-looking statements are subject to assumptions
with respect to future business strategies and decisions that are
subject to change. Potential risks and uncertainties include, but are
not limited to, technical advances in the industry as well as political
and economic conditions present within the industry. We do not take any
obligation to update any forward-looking statement to reflect events or
developments after a forward-looking statement was made.

Contact

Investor Relations:
Michael Swartz
Analyst
Viridian Capital & Research, LLC
212-333-0257 
mswartz@viridiancr.com

Staffan Hillberg, CEO
Heliospectra AB
+46-708-36 59 44
staffan.hillberg@heliospectra.com

SOURCE: Heliospectra AB

ReleaseID: 429335

MORRISVILLE, NC / ACCESSWIRE / May 28, 2015 / Issuer Direct Corporation (NYSE MKT:ISDR) announced today it will present at the LD Micro Invitational Conference to be held June 1-3, 2015 at Luxe Sunset Boulevard Hotel, Los Angeles, CA. Management will be presenting on Tuesday, June 2nd at 4:30pm and will also be available for one-on-one meetings. To schedule a one-on-one meeting please contact LD Micro. For more information about the conference, please visit http://www.ldmicro.com/.

About Issuer Direct Corporation

Issuer Direct is a disclosure management and targeted communications company. Our integrated platform provides tools, technologies and services that enable our clients to disclose and disseminate information through our network. With a focus on corporate issuers, the Company alleviates the complexity of maintaining compliance with its integrated portfolio of products and services that enhance companies’ ability to efficiently produce and distribute their financial and business communications both online and in print.

Learn more about Issuer Direct today: Investor Tear Sheet

Contact:

For Further Information:

Brian R. Balbirnie
Issuer Direct Corporation
919-481-4000
brian.balbirnie@issuerdirect.com

Brett Maas
Hayden IR
(646) 536-7331
brett@haydenir.com

James Carbonara
Hayden IR
(646)-755-7412
james@haydenir.com

SOURCE: Issuer Direct Corporation

ReleaseID: 429253

NEW YORK, NY / ACCESSWIRE / May 28, 2015 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced it has initiated coverage of NEAH Power Systems, Inc. (NEAH) (PINKSHEETS: NPWZ) with a Price Target of $0.05.

The report is available here: NPWZ Initiation Report. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack’s. The report will be available on these platforms. We also contribute our estimates to Thomson Estimates, the leading estimates platform on Wall Street.

“NEAH is an exciting new energy company which has invested over $50mn developing proprietary power solutions technology. The company has announced several new business developments, including a potential licensing opportunity with the Defense Research and Development Organization of the Government of India, an agreement with defense integrator Tectonica Australia, and the upcoming release of its new BuzzBar Suite(TM) of consumer portable energy solutions,” stated Ajay Tandon, CEO of SeeThruEquity. “We are initiating coverage with a 12-month price target of $0.05 per share.”

Based in Bothell, WA, NEAH develops novel fuel cell-cell based power generation and lithium ion-battery storage solutions targeting the industrial, government, military, and consumer markets. The company’s pending acquisition of lithium ion storage solutions company Shorai will provide NEAH with a stable sales foundation from which to grow the business. We see NEAH as an intriguing high risk / high reward growth opportunity in the new energy segment of the technology sector.

Additional highlights from the report are as follows:

Shorai acquisition a potential game changer

NEAH announced it had reached an agreement to acquire Shorai, Inc. (“Shorai”) in January 2015 for a combination of cash and preferred stock. Shoria is a leading provider of lithium ion-based power solutions for the consumer motorsports industry, which we believe dovetails nicely with NEAH’s core business. The pending acquisition should provide an immediate lift to NEAH’s scale and product breadth, as Shorai generated $4mn in revenue during calendar 2014 with expanding distribution of its power sports and starter battery solutions in the motorsports industry. Shorai’s products have applications in the powersports, industrial and military markets as they transition from legacy lead acid batteries to lithium-ion based power solutions. Importantly, NEAH indicated that the acquisition of Shorai should be EBITDA-accretive, and Shorai founder David Radford will stay with the combined company and join the NEAH Board of Directors.

Accelerating commercialization efforts in existing NEAH business

In addition to the boost from the pending acquisition of Shorai, the core NEAH business appears to be gaining momentum in the early phases of commercialization. NEAH has three key areas of business: the BuzzBar Suite for portable consumer power solutions, the PowerChip(TM) silicon-based fuel cell for corporate, military and government use, and the Formira(TM) Hydrogen on Demand (HODTM), which has applications in off-the-grid power solutions and unmanned aerial applications. The company recently generated revenue from its flagship PowerChip(TM) product line, as part of a large potential opportunity with the Government of India. Management has stated that this has the potential to lead to 10mn+ licensing opportunity, which we believe would be a significant milestone and game changing development for the company, if achieved. On the consumer front, NEAH is expected to introduce its 3rd generation BuzzBar Suite(R) product line this year, which has potential as a portable consumer power solution capable of charging a smartphone 5x with each BuzzBar. Like the PowerChip(R), the Formira(TM) HOD(R) product line has a long sales cycle, but the company has made some intriguing announcements over the last year, with potential commercial activities in unmanned aerial vehicles, such as the Silent Falcon, and a partnership for off-the-grid applications with Tectonica Australia.

Initiate coverage with a price target of $0.05

Our analysis indicates a fair value estimate of $0.05 per share (detailed on page 10), implying an upside of 400% from the recent price of $0.01. We view NEAH as a high-risk/high-reward investment opportunity in the technology / new energy space with several potential catalysts ahead over the next twelve to 18 months.

Please review important disclosures on our website at www.seethruequity.com. 

About NEAH Power Systems, Inc.

NEAH Power Systems, Inc. is an innovator and supplier of cutting-edge power solutions for the military, transportation and portable electronics industries. NEAH Power’s long-lasting, efficient, and safe solutions include patented and patent pending PowerChip(R), Formira(R) and the BuzzBar Suite(R) of products. Most recently, NEAH Power Systems was a 2012 ZINO Green Finalist, 2010 WTIA Finalist, and 2010 Best of What’s New Popular Science Award. For more information visit www.NEAHpower.com.

About SeeThruEquity

SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and is unbiased. We do not conduct any investment banking or commission based business. We are approved to contribute our research to Thomson One Analytics (First Call), Capital IQ, FactSet, Zacks, and distribute our research to our database of opt-in investors. We also contribute our estimates to Thomson Estimates, the leading estimates platform on Wall Street.

For more information visit www.seethruequity.com.

Contact:

Ajay Tandon
SeeThruEquity
info@seethruequity.com

SOURCE: SeeThruEquity

ReleaseID: 429334

NEW YORK, NY / ACCESSWIRE / May 28, 2015 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has issued an update note on Calpian, Inc. (OTCQX: CLPI). In light of the progress at Money-On-Mobile and the success of the company’s new Domestic Remittance product (person to person), we are increasing our price target for Calpian to $2.76 per share.

The note is available here: CLPI Company Note. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack’s. The report will also be available on these platforms.

Calpian, Inc. (“Calpian”) is a global mobile payments technology and processing company offering mobile payment services through Indian subsidiary Money-On-Mobile and domestic transaction services through Calpian Commerce. In our view, Calpian shares are woefully undervalued relative to the powerful growth opportunities for its Money-on-Mobile subsidiary. Money-On-Mobile is a rapidly growing emerging leader in the India mobile payments space that allows customers to use their mobile phones to pay for goods and services, or transfer funds from one person to another using simple text functionality. We see this as an area with robust growth potential given favorable demographics, market dynamics and the high rate of mobile phone penetration.

In our view, Calpian’s Money-On-Mobile subsidiary has is a multi-year growth story with breakout potential that is only minimally reflected in Calpian shares.

Highlights from the note are as follows:

Robust growth continues at Money-On-Mobile

Calpian subsidiary Money-On-Mobile increased transaction processing volume by 14.1% month-over-month from March to April. Volume was Rs2.012 billion Indian Rupees, or $31.9mn US dollars. Money-On-Mobile grew its cumulative user base by 3.3mn unique users to surpass 135mn users at the end of April. A large reason for the accelerating growth of the Money-On-Mobile platform is due to the introduction of Domestic Remittance functionality (person-to-person transfers) in December 2014. The product has gained traction quickly, processing over $8mn US dollars in 138,000 transactions during April alone. The company also continued to expand its retail distribution network. As of April 30, the Money-On-Mobile service was available at 259,517 stores in India – an increase of 6,702 from March.

Strong FY3Q15 results driven by Money-on-Mobile

Calpian reported strong growth for the quarter ended December 31, 2014, with revenues of $63.4mn, a 7% sequential increase from the September quarter. Revenue was driven by a contribution of $57.7mn from the company’s Money-On-Mobile subsidiary, which increased by 11% sequentially in constant-currency terms, or 8% after adjusting for currency translation to US dollars. We view the continued strong performance of this subsidiary as critical to the investment thesis for Calpian and will continue to track its unique users and volume processed closely.

Monetizing domestic assets to reduce debt and fund growth

Calpian’s domestic business declined by 5% sequentially to $5.7mn due to asset sales during the prior quarter. The company continued to divest these assets after the quarter’s end, using the proceeds to pay down senior debt and fund Money-On-Mobile. Calpian ended the quarter with cash on hand of $0.9mn and debt outstanding of $19.2mn, and immediately following the quarter completed the sale of a portion of its domestic assets, using the proceeds to reduce senior debt by $2.2mn to $6.6mn. 

Increasing price target to $2.76

In light of the momentum at Money-On-Mobile and the successful launch of its person-to-person platform, we are increasing our price target for Calpian to $2.76. We find Calpian shares undervalued considering the size and opportunity of its Money-On-Money subsidiary. If achieved, our target of $2.76 suggests upside potential of 376.3% from the recent price of $0.58.

Please review important disclosures on our website at www.seethruequity.com. 

About Calpian, Inc.

Calpian, Inc. (CLPI) is a global mobile payments technology and processing company offering mobile payment services through Indian subsidiary Money-On-Mobile and domestic transaction services through Calpian Commerce. Money-On-Mobile is a mobile payments service provider that enables Indian consumers to use their mobile phones to pay for goods and services, or transfer funds from one cell phone to another using simple SMS text functionality. Calpian Commerce provides the U.S. merchant community with an integrated suite of payment processing services and related software products. For more information, visit www.calpian.com.

About SeeThruEquity

SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and is unbiased. We do not conduct any investment banking or commission based business. We are approved to contribute our research to Thomson One Analytics (First Call), Capital IQ, FactSet, Zacks and distribute our research to our database of opt-in investors. We also contribute our estimates to Thomson Estimates, the leading estimates platform on Wall Street.

For more information visit www.seethruequity.com.

Contact:

Ajay Tandon
SeeThruEquity
info@seethruequity.com

SOURCE: SeeThruEquity

ReleaseID: 429333

CLIFTON, NJ / ACCESSWIRE / May 28, 2015 / mPower Technologies Inc. (http://mpowertech.com/), the consumer products subsidiary of mPhase Technologies, Inc. (PINKSHEETS: XDSL), announced today that mPower continues to ship pre-orders of the mPower Truck Jump. New orders are building as the product gains momentum in the market. The jumpstarting product line can be found on the companys website www.jumpitnow.com.

The mPower Truck Jump is the most powerful, compact portable jumpstarter available in the market today in that size and power capability. Positioned as an emergency tool, the unit can prevent downtime and costs associated with a truck being stranded and off the road with a dead battery. Only nine inches tall, weighing less than 4 pounds, it is a fraction of the size and weight of other products, but reaches an incredible 1000A for 12V and 500A for 24V battery voltage systems. The Truck Jump has multiple electronic safety protection features and is an intelligent jumpstarter that automatically detects the battery voltage system of the vehicle.

This unit is the fourth product in the companys line. It is marketed to the truck, bus and RV categories, expanding the line to users of much larger vehicles than previously targeted with other mPower jumpstarters.

The mPower Truck Jump technical specifications can be found on the site at http://www.mpowertech.com/mpower-jump-truck/ The unit retails at $239.95.

Wholesale pricing is available for resellers and distributors. Inquiries can be directed to dealer@mpowertech.com. To learn more about mPower products go to the company’s website at www.jumpitnow.com.

About mPower Technologies

mPower Technologies Inc. is the wholly owned consumer products subsidiary of mPhase Technologies, Inc. More information about the company can be found at www.mpowertech.com.

About mPhase Technologies, Inc.

mPhase Technologies Inc. (PINKSHEETS: XDSL), is a publicly traded company pioneering a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery, still in development. More information about the company can be found at http://www.mPhaseTech.com.

Forward-Looking Statements

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company’s products in the market; the Company’s success in technology and product development; the Company’s ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company’s SEC filings, including the financial statements and related information contained in the Company’s SEC Filing. mPhase assumes no obligation to update the information in this release.

Contact:

Danielle LaSalle
Phone:973-256-3737
Email: dlasalle@mPhasetech.com

SOURCE: mPower Technologies Inc.

ReleaseID: 429289

WHITEFISH, MT / ACCESSWIRE / May 28, 2015 / Gold miners are their own special breed, utilizing skills most laymen do not understand to analyze the ground, drilling to confirm targets and digging-in to unearth the precious yellow metal. Throughout the world, though, there are still plenty of artisanal miners finding gold and others plucking a nugget from a pan that they stuck in a stream. Whatever the method, it often takes poring through plenty of material and some savvy vision to find the payoff, a tactic that can be applied to many applications in life, including the stock market. 

There are some huge opportunities in very fragmented industries and that’s a good place to look. The pet business is one; that’s in part why Patterson Companies, Inc. (NYSE: PDCO) is divesting some assets and spending $1.1 billion to further bolster its veterinary business. The global dermatology industry, which can cover everything from lasers to skin creams, is another. NovaBay Pharmaceuticals (NYSE MKT: NBY), with its portfolio of products including, but not limited to, those for eye care, wound care and aesthetic dermatology, has seen some volatile price movement as it looks to be breaking a nearly two-year downtrend after a significant quarter-over-quarter improvement in both top and bottom lines during the first quarter.

Oculus Innovative Sciences (NASDAQ: OCLS), the developer and marketer of a franchise of Microcyn®-based dermatology products, has its hands in both industries and the convergence of the two just may uncover a gold vein. First, since its initial public offering in 2007, Oculus has had a trifecta of problems, including management that over-promised and under-delivered; being a serial issuer of stock; and a revenue stream from their animal health operations that evaporated to zero in a hurry. Effectively, this amounted to a price per share that fell from a high of $80 to a low of 65 cents a few weeks ago.

However, a new, seasoned management team is at the controls; the company has sufficient cash to move forward and likely get to breakeven with the cash from the sales of Ruthigen shares; the company launched a new dermatology division; and a new animal health business is under their control with an expanded distribution network that should quickly ramp sales back into the black.

To take a more granular look at the turnaround, consider Jim Schutz took over as CEO in February 2013 when Oculus founder and former CEO Hoji Alimi (along with board members) went to leadership positions at Ruthigen (NASDAQ: RTGN), the novel biotechnology business spun-off from Oculus. Although Schutz held numerous positions at Oculus, including being a director since 2004, it is Schutz that is helping right the ship as top executive. As general counsel of Jomed, Schutz orchestrated the company’s sale to Abbot Labs (NYSE: ABT) in 2003. He was also general counsel for Volcano Therapeutics, which is now part of Koninklijke Philips (NYSE: PHG).

Oculus’ cash position is solid, especially when compared to its market cap. Adding cash on hand at the end of 2014, a January financing, recent sales, commitments to sell the complete stake in Ruthigen as a result of that company’s pending acquisition totals about $11 million in cash and expected cash for Oculus. As of this writing the company’s market cap is just south of $13 million. Further, the company has no debt. 

To say that the animal health operations went to zero completely by accident would be inaccurate. Oculus’ prior distribution agreement was not favorable and gave the company little to no control. By terminating the relationship, Oculus now has more control and has greater headroom for expansion. In February, Oculus launched its new animal healthcare division, simultaneously partnering with leading sales firm SLA Brands and commercializing six new MicrocynAH advanced all-animal healthcare products in the U.S. and Canada to treat wounds, skin and eyes. Commercialization in the European markets is expected this summer. In April, the company released two new MicrocynAH Farm and Ranch animal healthcare products, giving it a formidable product lineup in the animal care space. From the launch in February to the latest news in April, 10 North American distributors added MicrocynAH animal healthcare products to their product portfolio.

The new dermatology division, IntraDerm Pharmaceutics, which is led by a road-tested team, is active in both the U.S. and Europe now. The company’s first U.S. products including Alevicyn Antipruritic Gel, used in the management of symptoms in variation dermatoses, and Alevicyn Dermal Spray, which is intended for use in wound management. Celacyn, a new prescription scar management gel, has also now launched. European offerings include products for atopic dermatitis, mild-to-moderate acne, scar management and an antiseptic solution. Oculus has established distribution channels across the world for its full portfolio of human-use products. One that investors will be watching closely for growing sales is south of the United States border where the company has partnered with Sanfer Pharmaceuticals for distribution. Unlike its previous distributor who was limited to Mexico, Sanfer has a complete Latin American reach. 

Investors will get a good sampling of how things are changing for Oculus on June 11, when it is expected Oculus will release its latest earnings report. Analysts at Dawson James Securities and Stonegate have a consensus estimate of sales of $3.09 million for the quarter. During the quarter ended December 31, 2015, Oculus cranked out $3.22 million in total revenue. The bar is actually set low with the estimate as a quarter-over-quarter match will top estimates, which could catalyze the stock as evidence the turnaround is working. In the year prior quarter, Oculus reported revenue of $2.91 million.

Oculus seems optimistic about growth, as measured by the last earnings call in February. CFO Bob Miller commented,

“What does our future growth in revenue look like?

1. The animal health revenue has bottomed out and now we expect to see this grow as we launch our MicrocynAH products with new partners. The launch will start in March 2015, as I mentioned earlier.

2. The international revenue will continue to grow, we believe, in the 10% to 15%+ range in constant currency. Our most recent revenue growth of 16% over the last 9 months tends to substantiate this expectation. Furthermore, this segment currently represents over 70% of our product revenue, thus a major driver in our short-term future growth.

3. The direct sales forces for the dermatology and acute care markets will continue to grow the revenue rapidly as the current and new products go up the sales ramp curve from a relatively small base.

As a result we are targeting double digit, product revenue growth for FY 2016. Thus we feel that Oculus is a perfect investment candidate for the value investor, who is also looking for strong revenue growth.

In other words, a $12.5 million market cap is smaller than our potential cash value and with $13 million of revenue, with expected double-digit growth.”

Those words coupled with the fundamentals could be considered a gold outcrop off the beaten path in under-followed OCLS with shares still hovering near an all-time low. This may not take much digging to further expose if operations can hold the course that management is expecting.

Click here to receive future email updates on Oculus Innovative Sciences developments: http://www.tdmfinancial.com/emailassets/ocls/ocls_landing.php. 

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