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M2 PRESSWIRE-7 January 2008-Financialbusinessnews.us: Todays Afternoon Stock News(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:04012008
Boston, MA -- FinancialBusinessNews' "Companies Of Interest":
Clacendix, Inc. (OTCBB: IONN); UFood Restaurant Group, Inc. (OTCBB: UFFC); Sub Surface Waste Management of Delaware, Inc. (OTCBB: SSWM); Patriot Scientific Corporation (OTCBB: PTSC); HLS Systems International, Ltd. (OTCBB: HLSYF); American Racing Capital, Inc. (OTCBB: AMRA)
FinancialBusinessNews is an affiliate of Stock Profiler.US, LLC. Sign up Today for Your Free Stock and Updated News Subscription at http://www.stockprofiler.us Companies who want to broadcast their progress are welcome to contact Stockprofiler.US, LLC at 603-621-9420.
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Clacendix, Inc. (OTCBB: IONN)
Clacendix, Inc. closed at $0.04 Thursday, trading 250 shares.
Company News- January 4, 2008: Clacendix, Inc. Announces Completion of Asset Acquisition by Cryptek, Inc.
Clacendix, Inc., formerly ION Networks, Inc., (OTCBB: IONN) announced earlier today that on December 31, 2007, it consummated the transaction presented in a proxy statement, filed December 10, 2007 with the Securities and Exchange Commission, whereby Cryptek, Inc. ("Cryptek"), a privately owned, leading manufacturer of dynamic and trusted identity and access control solutions, purchased substantially all of the assets of ION Networks, Inc. for $3.2 million plus the assumption of certain liabilities.
About Clacendix, Inc.
Clacendix, Inc. (OTCBB: IONN) is a Delaware company headquartered in Parsippany, NJ. For more information, visit www.clacendix.com or call +1 973.402.4251.
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UFood Restaurant Group, Inc. (OTCBB: UFFC)
UFood Restaurant Group, Inc. closed at $1.21 Thursday, trading 12,475 shares.
Company News- January 4, 2008: UFood Restaurant Group, Inc. Completes Merger: Company Now Public Trading Under the Symbol UFFC
UFood Restaurant Group, Inc. (OTCBB: UFFC), a franchisor and operator of fast-casual food service restaurants and nutritional product retail stores, announced yesterday that the completion of its reverse merger and subsequently has commenced trading as a public company under the symbol "UFFC" on the OTC Bulletin Board.
"The completion of this merger is a milestone for UFood," said George Naddaff, Chairman and CEO of the Company. "This is an exciting time of growth for us, as we work to provide nutritionally aware consumers with mainstream food that tastes great. As we say here at UFood --feel greateat smart."
UFood, a franchisor and operator of fast-casual food service restaurants, is capitalizing on burgeoning consumer demand for quick…
Source: HighBeam Research, Todays Afternoon Stock News.