5:10 PM EST - : Miscor Group, Ltd. : announced the authorization of its wholly owned subsidiary, Magnetech Industrial Services, as a distributor for Avtron Industrial Automation, Inc. As a distributor Magnetech offers its customers access to Avtron's encoders, encoder signal convertors, and related encoder accessories for various applications across several industries, including metal producing, metal forming, pulp and paper, wind energy and material handling. Magnetech provides comprehensive maintenance and repair services for electrical-mechanical industrial equipment and power distribution equipment, including rewind and refurbishment, field services, preventative maintenance, and emergency services.

5:09 PM EST - : Elephant Talk Communications : reported that its wholly-owned subsidiary, ValidSoft, a global supplier of advanced telecommunications-based fraud prevention, authentication and transaction verification solutions, has signed a strategic partnership with Spindle, Inc., a US-based provider of innovative mobile commerce and alternative payment solutions for merchants and consumers. As part of the relationship, ValidSoft will provide Spindle with its custom-built, advanced multi-layered, multi-factor authentication and transaction verification technologies: SMART (Secure Mobile Architecture for Real-time Transactions), which will be integrated into Spindle's RhinoVerify security solution.

11:31 AM EST - : BIO-key International, Inc. : reported that it has been awarded a $500,000 contract to provide fingerprint biometric technology to Shared Services BC (SSBC), that provides Information Technology infrastructure support services for the B.C. government and the broader public sector. The first deployment of BIO-key's WEB-key® finger identification solution is for the B.C.

11:30 AM EST - : Divine Skin Inc. : announced results for its quarter ending March 31, 2012. Net revenue was $1.98 million, compared to $2.25 million in the same quarter of 2011. Gross margin improved significantly, to more than 50 percent or $1.05 million, comparable to last year's quarterly result of $1.10 million. Net loss for the quarter was $428,000, compared to $192,000 for the first quarter of 2011. The company is estimating 2012 revenue to hit $15 million.

5:16 PM EST - : AmeraMex International, Inc. : reported financial results for its first quarter, ended March 31, 2012. The quarter was the fifth consecutive profitable quarter for the company. Orders totaling $2.4 million were booked in the first quarter; second quarter bookings currently stand at $500,000 with a $200,000 order pending. Net income increased over 300 percent when compared to the first quarter of 2011.

5:15 PM EST - : Innovative Food Holdings, Inc. : announced today its 2012 first quarter results. Net revenues were a record $3,285,307 for the quarter ended March 31, 2012, an approximate 33% increase compared to net revenues of $2,471,530 for the first quarter of 2011. The month of March 2012 represented the 32nd consecutive month of record month over month revenues.

11:05 AM EST - : Black Ridge Oil & Gas, Inc. : announced reported revenues of $666,206 and EBITDA of $239,516 for the quarter ended March 31, 2012. The revenue is driven by oil & gas production from Black Ridge's 37 gross (1.12 net) producing Bakken and Three Forks wells as of March 31, 2012, representing a 65% increase over 24 gross (0.68 net) producing wells as of December 31, 2011. The company reported quarterly production of 8,046 barrels of oil equivalent (BOE) and 88.4 of BOE per day for the quarter.

11:04 AM EST - : TurkPower Corporation : announced that its wholly owned subsidiary, Sibcoal Mining Corporation, has acquired 100% share of a 49-year lease to develop, operate and mine the Zavyalov Square Part 1 of the Toguchina Coal Field. Zavyalov is an open pit mine with over 100 million metric tons of forecasted extractable quantity of high-grade hard coking coal. Zavyalov is 5 kilmeters from the West Siberian Rail Road and in close proximity of the Kemerovo Region of Russia, also known as the Kuzbass Region, which accounts for 80% of Russia's total coal production.