Top Gainers: MagneGas Corporation (MNGA), On Track Innovations Ltd (USA) (OTIV), T2 Biosystems Inc (TTOO), China Finance Online Co. (ADR)(JRJC)

Posted In Business, Technology - By Rachelle Stevens On Tuesday, September 23rd, 2014 With 0 Comments

Dallas, Texas 09/23/2014 (ustradevoice) – MagneGas Corporation (NASDAQ:MNGA) announced that it had entered into the final test phase with FDNY department. It is a formal confirmation from the Special Operations Command. After the confirmation, now it can use MagneGas® as replacement to acetylene in final testing. The objective is to enhance the usage of fuel cells. The FDNY is has been doing testing using MagneGas® from past one year.  The testing is done so as to know the safety factor of the fuel and understand its impact on human life during the process of extraction.

On Track Innovations Ltd (USA) (NASDAQ:OTIV), in association with ABnote has launched a major near field communication mobile electronic payment trial. The trial will be conducted with one of the premium financial institutions in North America. ABnote is employing the innovative oti WAVE device for introducing NFC facility. The NFC payment features are added in Apple Inc. (NASDAQ:AAPL) iPhone and other android mobile devices.

T2 Biosystems Inc (NASDAQ:TTOO) announced that it had received authorization from FDA for its two key products. The first one is T2Candida(R) Panel, and second one is T2Dx(R), both instrumental in direct finding of Candida species in whole blood specimens of human. The specimens are taken of the patients displaying the symptoms that can lead to invasive fungal infections. The products are significant in detection of Sepsis-Causing Pathogens. The distinguishing point is the time in which the detection is done. It hardly takes four hours with T2 products whereas the other existing detection systems require two to five days to provide results. The product holds great significance for T2 Biosystems as over 10 million people are tested for Candida on an annual basis.

China Finance Online Co. (ADR) (NASDAQ:JRJC) has entered into a new agreement with Zhongshan Securities Co., Limited. The partnership is done to integrate its web-based trading platform known as “Securities Master,” with Zhengquantong trading and settlement system.  The new partnership will allow consumers to create new trading accounts conveniently. Also, they can offer highly competitive commission rates to their customers.

About the Author

- Rachelle Stevens covers politics for US Trade Voice, including the 2013 mayoral race. During the 2012 presidential election, Rachelle traveled the country to tell the stories of voters in early primary battlegrounds and swing states. Rachelle's work has been honored by the New York Press Club, Capitolbeat, and the Associated Press Broadcasters Associations of New York, Connecticut and West Virginia.

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