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MSLP, NPO, ESGR, ENTG- MSLP Looks To Out Muscle The Competition

MusclePharm® Corporation (OTCBB:MSLP), one of the fastest growing nutritional supplement companies in the United States with a proprietary formulation used in eight performance products, yesterday reported MuscleGel achieves NSF certification. In addition, MusclePharm’s Recon and Assault nutritional products will be NSF certified within the coming months.
NSF International is an independent, not-for-profit organization that meets the growing demands of athletes, coaches and all those concerned about banned substances in sports supplements. NSF International created the new NSF Certified for Sport™ Program. This new NSF program is a focused solution designed to minimize the risk that a dietary supplement or sports nutrition product contains banned substances. This program is part of NSF’s successful 60-year history of providing certification programs for food, water and consumer goods. MLB, the MLB Player’s Association, NFL, the NFL Player’s Association, PGA, LPGA and the CCES have all chosen NSF’s Certified for Sport™ program to help verify the products their athletes use are safer and free of banned substances. NSF GMP for Sport™ certification verifies that the facility, operations and ingredient sourcing are in compliance with GMP requirements via ongoing audits.
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EnPro Industries, Inc. (NYSE: NPO) recently announced the acquisition of Hydrodyne, a designer and manufacturer of machined metallic seals and other specialized components used primarily by the space, aerospace and nuclear industries. The transaction was completed for cash; terms were not disclosed. Hydrodyne will join the high-performance seals (HPS) group within EnPro’s Sealing Products segment.
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Enstar Group Limited (Nasdaq:ESGR) announced recently that John J. Oros has resigned from his position as Executive Chairman and as a member of the Board of Directors to assume expanding responsibilities at J.C. Flowers & Co. LLC. Enstar’s Board of Directors has appointed Dominic F. Silvester to serve as the new Chairman. Mr. Silvester is a co-founder of Castlewood Holdings Limited, which merged with The Enstar Group, Inc. in 2007. He has served as Enstar’s Chief Executive Officer since the merger and, prior to that, was the Chief Executive Officer of Castlewood.
Mr. Oros said: “I have been delighted by my years of association with Enstar, but as the company has grown and my responsibilities outside of Enstar have increased, it makes sense for me to focus my time and energy elsewhere.” Mr. Silvester said: “John is an able executive and we have benefited greatly from his services over the years. He will be missed, but I am excited about the prospect of leading Enstar as its Chairman and Chief Executive Officer and I have tremendous confidence in the rest of Enstar’s senior management team to help me achieve our goals.”
In addition, Enstar announced that Gregory L. Curl has resigned from the Board of Directors to take a position as President of Temasek Holdings in Singapore. Mr. Silvester said: “Greg has been a valuable contributor to the Enstar board since the merger in 2007, and prior to that for four years at The Enstar Group, Inc. We wish him tremendous success in his new position.”
In connection with Mr. Oros’s resignation, Enstar and Mr. Oros entered into a separation agreement that settled all of Enstar’s obligations under Mr. Oros’s existing employment agreement. Mr. Oros has also resigned from the various positions he held with Enstar’s subsidiaries.
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Entegris, Inc. (NasdaqGS: ENTG)
Semiconductor equipment company Entegris Inc. (ENTG), at Friday’s close of 4.59, is attractively priced at a forward P/E of 7.41, with a strong balance sheet, improving gross margins, and a management team that is optimistic about future growth prospects. On a path to earn about .60 per share for 2010, the company could earn as much as 1.00 by 2012, if management can deliver on its optimistic plans. A recent dip, perhaps fueled by a downgrade from Bank of America (BAC), presents a buying opportunity.
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