StemCells (Nasdaq:STEMD), a leading stem cell company developing and commercializing novel cell-based therapeutics and tools for use in stem cell-based research and drug discovery reported financial results for the second quarter ended June 30, 2011. Second Quarter Financial Results: For the second quarter of 2011, the Company reported a net loss of $4,035,000, or $(0.29) per share, compared with a net loss of $4,610,000, or $(0.38) per share, for the second quarter of 2010. Loss from operations in the second quarter of 2011 was $7,090,000, which was relatively flat when compared to the $7,051,000 loss from operations in the second quarter of 2010. Total revenue during the second quarter of 2011 was $234,000, compared to $244,000 in the same period of 2010. Revenue from product sales in the second quarter of 2011 was $185,000, which was a 153% increase compared to the same period of 2010.

Stemcells, Inc., a biopharmaceutical company, engages in the research, development, and commercialization of stem cell therapeutics, and related tools and technologies for academia and industry.

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Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

The technology used by Phoenix Energy to turn your waste from industry agriculture and forestry into power has many environmental benefits. Phoenix Energy is deeply committed to their customers both in reducing their costs of operation and in helping them be good corporate citizens, having a positive impact on the environment. By installing wood waste gasification systems, customers help to: Reduce greenhouse gas emissions. Reduce the amount of toxic pollutants in the atmosphere. Save landfill space from taking up more of our landscape and Reduce groundwater Contaminants. Improve energy security and reduce dependence on foreign sources of energy.

The advantages of biomass energy include methane reduction. Methane causes even more greenhouse effect than carbon dioxide, so its release into the atmosphere is cause for concern. Decomposition of organic matter releases methane. Capturing this methane yields energy while protecting the atmosphere. The animal industry and landfills produce significant amounts of methane. This is an excellent opportunity to use biomass to good effect. We can now harvest this gas and put it to good use.

Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.

The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.

For more information about Cleantech Transit Inc. visit: www.cleantechtransitinc.com.

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Charles & Colvard Ltd. (Nasdaq:CTHR), the sole manufacturer of created moissanite gemstones, The Most Brilliant Jewel in the World®, announced its operating results for the second quarter and first half of 2011. Financial Highlights: Excluding the effect of two significant non-recurring sales transactions in prior-year period, Q2 sales increase 42% across customer base, Q2 net loss of $103,000 vs. prior-year period net income of $336,000, $9.6 million cash and investments and no long-term debt at 6/30/11 & Q2 positive cash flow from operations of $895,000.

Charles & Colvard, Ltd. manufactures, markets, and distributes Moissanite jewels for use in fine jewelry in the United States and internationally.

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Equinix, Inc. (Nasdaq:EQIX), a provider of global data center services, announced plans to build a tenth International Business Exchange™ (IBX®) data center in Washington, D.C. (DC10). DC10 will provide approximately 77,000 square feet of customer floor space, built out in multiple phases. Targeted to open in early 2012, the first phase is expected to cost $34 million in expansion capital, which is already reflected in the company's guidance.

Equinix, Inc. provides network neutral data center services to enterprises, content providers, financial services companies, and network service providers.

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DRI Corporation (Nasdaq:TBUS) announced that the Company's Mobitec AB (the "Mobitec Group") subsidiary in Herrljunga, Sweden, has received an order for Mobitec® electronic information display systems ("EIDS") from an original equipment manufacturer ("OEM") on behalf of a fleet operator in Saudi Arabia. The order, with a total value exceeding $650,000 USD, will be delivered in fiscal years 2011 and 2012. David L. Turney, the Company's Chairman of the Board and Chief Executive Officer, said: "This order continues the market penetration that we've been demonstrating in the Middle East for quite some time. We view that market as being a great long-term opportunity and we're very much appreciative that the OEM and end customer chose to honor us with the order."

DRI Corporation, through its subsidiaries, designs, manufactures, sells, and services information and surveillance technology products.

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