Day

September 12, 2014

EVEN YEHUDA, Israel, September 10, 2014 /PRNewswire/ —

Bluesphere Corp. (BLSP) (the “Company” or “Bluesphere”), a clean energy company that develops, manages and owns waste-to-energy projects, announced today it just signed a memorandum of understanding (“MOU”) to develop a 5 MW biogas project together with ESC an Israeli State-owned company in Israel.

The MOU contemplates that ESC the Israeli State-owned company will lease a suitable site for the project and arrange the required amounts of food waste for use as feedstock and will perform maintenance service for the project.

According to Israeli law, the Israel Electric Company is obligated to purchase the power produced from this project and, as such, a long-term power purchase agreement at a favourable rate will be entered into over the coming months.

Bluesphere will be responsible for developing the project, permitting, project finance and operation for the 20-year life of the project.  Bluesphere intends to work with Austep S.p.A., a premier Italian EPC contractor with dozens of similar facilities in operation around the world and its EPC contractor on Bluesphere’s US biogas projects.

After the project is in operation for three years, ESC the Israeli State-owned company has the option to purchase up to a 50% ownership stake in the project at then fair market value.

“It is a tremendous honour to have been selected from all the competition in Israel to implement this project.  It marks the start of our Israeli strategy, which can become a major driver of value for Bluesphere.  Israel offers us a unique opportunity insofar as power purchase agreements are awarded to biogas projects as a matter of law.  This is normally one of the hardest parts of any project’s development and in Israel we have the power purchase agreement as a given. Moreover, our counterpart will arrange to deliver source-separated organic municipal waste, which is a great feedstock for the project.  We have carefully implemented our intended strategy of developing promising projects around the world and have now found a big and lucrative project to start with in Israel,” stated Bluesphere CEO Shlomi Palas. “We are already in discussions with financial partners for the project’s financing.  In addition there are more opportunities in Israel to implement biogas projects and we are evaluating a number of them.”

About Bluesphere Corporation

Bluesphere Corporation is a company in the cleantech sector as a waste-to-energy project Integrator. Bluesphere develops waste-to-energy and other renewable energy projects. The Company aspires to become a key player in the global waste-to-energy and renewable energy markets. For further information please visit the Company’s website http://www.bluespherecorporate.com

MELVILLE, NY–(Marketwired – September 11, 2014) – ITUS Corporation (“ITUS“) (ITUS), a company that builds and protects innovation, today announced that its wholly owned subsidiary, J-Channel Industries Corporation (“JCIC”), has entered into licenses with Atrium Windows and Doors, Inc., Pella Corporation, Ply Gem Industries, Inc., and Simonton Building Products, Inc., all in connection with JCIC’s patented J-Channel Window Frame Construction technology.

Robert Berman, ITUS’s President and CEO, stated, “Many years have passed since the integrated J-Channel was first introduced to the vinyl window market, and it continues to be an industry standard. We are very happy with the progress that we are making with this assertion campaign, and with the results that we are achieving for the inventor, and our shareholders.”

The Agreement resolves patent infringement lawsuits filed by JCIC in August 2013 against Atrium, Pella, Ply Gem, and Simonton, which will be dismissed. JCIC has now entered into 11 settlement and/or license agreements in connection with its J-Channel Window Frame Construction technology.

About ITUS Corporation
ITUS develops and acquires patented technologies for the purposes of patent monetization andpatent assertion. The company currently has 10 patent portfolios in the areas of Key Based Web Conferencing Encryption, Encrypted Cellular Communications, E-Paper® Electrophoretic Display, Nano Field Emission Display (“nFED”), Micro Electro Mechanical Systems Display (“MEMS”), Loyalty Conversion Systems, J-Channel Window Frame Construction, VPN Multicast Communications, Internet Telephonic Gateway, and Enhanced Auction Technologies. Additional information is available at www.ITUScorp.com.

CEL-SCI Corporation (NYSE MKT: CVM) today announced that the University of Minnesota’s Masonic Cancer Center has becomes the 7th clinical site in the U.S. to join its Phase III head and neck cancer clinical trial of its investigational cancer immunotherapy treatment Multikine* (Leukocyte Interleukin, Injection).

CEL-SCI’s study is currently being conducted at about 60 active clinical centers on three continents and is expected to expand from 17 countries to a 20 countries with an estimated 880 patients to be enrolled by the end of 2015. According to the American Society of Clinical Oncology, head and neck cancers account for about 3% to 5% of all cancers in the United States.

The Masonic Cancer Center creates a collaborative research environment focused on the causes, prevention, detection, and treatment of cancer; applying that knowledge to improve quality of life for patients and survivors; and sharing its discoveries with other scientists, students, professionals, and the community. It is one of only 41 institutions in the U.S. to become a National Cancer Institute-designated comprehensive cancer center. With more than 500 faculty and staff members, the Masonic Cancer Center is home to some of the world’s top cancer researchers.

The Principal Investigator of CEL-SCI’s Phase III study at this site is Dr. Gautam Jha, Assistant Professor and Medical Oncologist, at the University of Minnesota’s Medical School. Dr. Jha’s interests focus on solid tumor oncology including genito-urinary malignancies and head and neck tumors. His research interests include developing immune-based therapies by disrupting Treg mediated immune suppression in patients with cancers of prostate and head and neck. He is a member of the American Society of Hematology, the American Society of Clinical Oncology, the American Association for Cancer Research, and the Society of Immunotherapy of Cancer.

“Dr. Jha’s research interests and expertise in immunotherapies for the treatment of head and neck cancer is an asset for our study, as well as for the patients to be enrolled and treated at the Masonic Cancer Center,” stated CEL-SCI Chief Executive Officer Geert Kersten. “We are pleased to see more top-notch cancer centers joining our clinical trial.”

HAIFA, Israel, Sept. 8, 2014 (GLOBE NEWSWIRE) — Pluristem Therapeutics Inc. (PSTI) (TASE:PLTR), a leading developer of placenta-based cell therapy products, announced today that its licensee, United Therapeutics Corporation, has completed the dosing of the first cohort of patients in its Phase I study using Pluristem’s PLacental eXpanded (PLX-PAD) cells in patients diagnosed with pulmonary arterial hypertension (PAH). PAH, with a global market estimated at approximately $3 billion, is characterized by abnormally high blood pressure in the arteries of the lungs; it can disrupt lung and heart function, leading to debilitating conditions such as heart failure.

The Phase I study, being conducted in Australia, is an open-label, dose-escalation study designed to enroll 9 patients diagnosed with PAH. The first cohort of 3 patients has received 0.5 million PLX cells per kilogram body weight. An independent Data Safety Monitoring Board recommended advancement to the second cohort. The second cohort will receive 1 million cells per kilogram, while the third cohort is planned to be administered 2 million cells per kilogram. The primary endpoint of the study is the safety of PLX-PAD cells, which will be evaluated at 12 weeks and one year after dosing. Secondary efficacy endpoints are to be measured at six weeks post-treatment in order to assess changes in the ability to exercise, disease severity and cardio-respiratory function; measures include six-minute walk distance and cardio-pulmonary hemodynamic parameters evaluated via right heart catheterization and echocardiogram.

“We look forward to preliminary results for this trial in 2015, after completion of dosing in all three cohorts,” stated Pluristem Chairman and CEO Zami Aberman. “This Phase I study is important to the development of our PAH program in conjunction with United Therapeutics, and we are delighted to work with United Therapeutics in advancing the promise of cell therapy to treat pulmonary diseases.”

The Phase I study is being conducted as part of a 2011 licensing agreement between United Therapeutics and Pluristem. Pursuant to the agreement, United Therapeutics will develop, market and sell Pluristem’s PLX-PAD cells for PAH. Pluristem is eligible to receive up to $55 million based on successful achievement of clinical milestones and commercialization, and reimbursement of certain R&D costs. Following commercialization, United Therapeutics will purchase commercial supplies of PLX-PAD cells from Pluristem at a specified margin over Pluristem’s cost, and will pay royalties at a percentage of its gross profits.

WILMINGTON, Mass., Sept. 9, 2014 /PRNewswire/ — Implant Sciences Corporation (IMSC), a high technology supplier of systems and sensors for homeland security and defense markets, announced today it has sold 12 QS-B220 desktop explosives and drugs trace detectors to Incheon International Airport Corporation, operator of Incheon International Airport, the largest airport in South Korea. Implant Sciences’ ETDs will be deployed for airport security and will replace existing systems the airport had in place from a competitor.

“This customer was looking to replace a competing installed product with a more cost-efficient, high-performance ETD from a company that provides superior customer service and support,” stated Dr. Darryl Jones, Implant Sciences’ Vice President of Global Sales and Marketing. “This airport had been evaluating our QS-B220, but the sale was contingent upon our system being added to the TSA’s Qualified Products List. Upon being placed on the TSA’s QPL, the customer immediately placed their order.”

“At Implant Sciences, our commitment to a culture of service is a priority and we believe it differentiates us in the market. Our local distributor, A&T, has a strong track record, is one of the most active leaders of the security market in South Korea, and will provide service and support to Incheon International Airport. We are pleased to work with them,” Jones added.