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Oakland-based WorldHeart Corp. has received a notice from the Nasdaq Stock Market indicating that, based on the company's Form 10-QSB for the quarter ended Sept. 30, the company's stockholders' equity does not comply with the minimum $10 million stockholders' equity requirement for continued listing on Nasdaq. Nasdaq is reviewing the company's eligibility for continued listing. The company, on or before Dec. 5, as requested by Nasdaq, intends to provide a specific plan to comply with listing requirements. Energy The first phase of a 1-megawatt solar power system mounted on a parking garage in Gwangju, South Korea, has been completed by PowerLight Corp., the Berkeley-based company said Tuesday. The system will be owned and operated by Korea's Solar & Park Co., and a local utility has signed a 15-year contract to buy the unit's power, the announcement said.
BRADENTON - The backers of the only proposal the Downtown Development Authority received for the city's shuffleboard and lawn bowling courts on Tamiami Trail received the OK Tuesday morning to continue negotiations with authority staff. The property has been under the authority's control for more than a year as the group looked to market the property - 1.8 acres between Ballard Park Drive and Ninth Avenue West - to developers. Bid requests for the site were sent out in September for the second time. An original request resulted in one proposal, but the applicant withdrew early this year. The authority sought projects with up to 45 units that offer at least 20 percent workforce housing, which requires a maximum price of $215,000. The proposal discussed Tuesday came from GoodHomes of Manasota, Inc., a nonprofit that has worked for six years to provide affordable housing in Manatee and Sarasota counties.
Alfred State College has received approval to offer an associate degree program in heavy equipment operation at the Applied Technology Campus in Wellsville, NY, to begin accepting students in Fall 2006. The two-year program will teach students to operate heavy equipment such as bulldozers, backhoes, wheel loaders, and excavators used in the construction and maintenance of roads, bridges, airports, gas and oil pipelines, tunnels, buildings and other structures; in surface mining and quarrying activities; and in material handling work, and will be based upon the modular format that has been successful on the campus for 40 years. Stressing hands-on education, much of the laboratory work will be based upon the learning-by-doing philosophy which allows students to work on live projects.
LOS ANGELES — The Hummer O2, an environmentally friendly vehicle with algae-filled body panels that transform harmful CO2 into pure oxygen, took home the top prize on Thursday in the Los Angeles Auto Show Design Challenge. The two-dimensional rendering of a 2015 blue-sky concept is the brainchild of GM Advanced Design. Contestants were charged with creating a vehicle that addresses environmental sustainability. "The Hummer O2 epitomizes that ethos of the true Southern California outdoors enthusiast with rugged capability, a 'tread lightly' contact system and construction methods promoting safety, accessibility and reusability," said Frank Saucedo, director of GM Advanced Design in California. "Most vehicles in L.A. spend 95 percent of their time outdoors subjected to sunlight, so why couldn't a vehicle give back?" The Hummer O2 is powered by four modular fuel cells that run hydraulic motors built into each wheel.
Rather than building his condos from the ground up, the Oregon City developer is using a giant crane to stack prefabricated modular housing units on top of each other like building blocks to create his three-story Hideaway Condominiums at Eagle Landing. Though similar condominium projects have been built using the technique in California, Holmes thinks Hideaway will be the first condominium project of its kind in Oregon. The 40-by-15-foot modular units are built inside Guerdon Homes' factory in Boise and transported by truck to the Eagle Landing site off Southeast Monterey Avenue. Guerdon Homes supplied prefabricated units for two similar California town house projects in San Jose and Mammoth Lakes. "This type of building is big on the East Coast where they have limited construction time," Holmes said, "but not many developers on the West Coast are doing this." Work on the first row of eight three-story condos at Hideaway began in October, after the concrete foundation for the ground-level garages had settled.
Aruba Networks, the Mobile Edge Company, today announced that Group Lapeyre, a leading manufacturer and distributor of home improvement products in Europe, and a subsidiary of Group Saint Gobain, is expanding its deployment of Aruba's Mobile Edge architecture. While Group Lapeyre has had Aruba's mobility solutions deployed at its headquarters since 2004, the company is now extending this network to the Group's industrial sites, including several factories, warehouses and shipping docks. "As far as we're concerned, Aruba's solutions guarantee the best performance on the market today, incorporating simplified and centralized deployment and management as well as highly evolved security functions such as a stateful firewalls, encryption, authentication and IDS/IPS to meet with even the most rigorous demands," said Patrick Goubin, Group Lapeyre's networks and telecoms manager.
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