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MondayMay 12, 2008 6:11 pm

FARO Technologies, Inc. (FARO) Acquires Exclusive License from Dimensional Photonics International

FARO Technologies, Inc. (FARO) has acquired an exclusive license from Dimensional Photonics International, Inc. (DPI) for global rights to develop, manufacture and sell the company’s technology and products. Terms of the agreement were not disclosed. The license covers: technology and products, rights to more than 20 existing and pending patents, and rights to certain technology developed and patented by the Massachusetts Institute of Technology. FARO will establish a new Technology Center of Excellence in the Boston area, close to the existing DPI team, in order to ensure successful technology transfer and also to take advantage of the proximity of the…

MondayMay 12, 2008 6:09 pm

CryoLife, Inc. (CRY) Announces First Implant of Combination Aortic-Mitral Allograft Heart Valve at the Cleveland Clinic

CryoLife, Inc. (CRY) recently announced the first implantation of the combination aortic-mitral allograft heart valve in a patient at the Cleveland Clinic. The surgery was performed by Dr. Jose Navia, a cardiac surgeon with the Heart and Vascular Institute at the Cleveland Clinic. Dr. Navia, a native of Argentina, is a staff surgeon in the Department of Thoracic and Cardiovascular Surgery at the Clinic’s Heart Center. The method used was developed by CryoLife in collaboration with the Cleveland Clinic. The innovative valve was developed as a replacement option for patients with infective endocarditis involving both the aortic and mitral valves.…

MondayMay 12, 2008 6:07 pm

China Medicine (CHME.OB) Reports 54% Increase in Q1 Net Income

China Medicine (CHME.OB), a developer and distributor of prescription pharmaceuticals and traditional Chinese medicines in the People’s Republic of China, today reported solid first quarter 2008 results. Revenues increased 39% year over year, rising to $7.1 million, in what is seasonally the company’s slowest quarter. Net income improved 54% to $1.2 million or 8 cents per share vs. prior year results. Chairman and CEO Senshan Yang said, “We are very pleased with the healthy performance of our sales of prescription and over-the-counter medicines as well as our traditional Chinese medicines. This increase in revenues was attributed to the expansion of…

MondayMay 12, 2008 6:06 pm

ZOLL Medical Corp.’s (ZOLL) AED Plus Selected for Installation in Beijing Capital International Airport

ZOLL Medical Corporation (ZOLL) recently announced that the Beijing Airport Group has selected the ZOLL AED Plus® for installation in the Beijing International Airport’s newly-built Terminal 3, the largest single airport building in the world. The Beijing International Airport AED project is the first large, public AED deployment project in China. The project marks a milestone for public access defibrillators in the country. Before this project, 15 AED Plus units were deployed in Terminal 2 in 2007, setting a new standard for public safety devices in China. The ZOLL AED Plus is the first and only full-rescue AED that provides…

MondayMay 12, 2008 4:18 pm

Stock Guru Featured Company: Striker Oil & Gas, Inc. (SOIS.OB)

Striker Oil & Gas, Inc. (SOIS.OB) is an oil and gas company focused on the search and sale of oil and gas reserves as well as the acquisition of producing properties. The company is located in Houston, Texas and targets the Texas Gulf Coast, East Texas, and Southern Louisiana areas. Striker Oil & Gas has three main objectives. First, the company plans to acquire producing properties that show the potential to produce. Second, they intend to drill for low- to moderate-risked exploratory reserves, all the while meeting their third objective, which is to maximize production while optimizing field operations and…

MondayMay 12, 2008 4:14 pm

Small Cap Voice Featured Client: JZZ Technologies, Inc. (JZZI.PK)

JZZ Technologies, Inc. (JZZI.PK) is a leader in 3D motion picture capture software. The company provides their software primarily to physical therapists, physicians, chiropractors, and other sport-specific training professions. JZZ owns the exclusive marketing rights to two products, the E-Factor and the Fit-Factor. JZZ’s E-Factor software program is able to capture and evaluate biochemical efficiency in sports motion, exercise technique, running, and most other forms of physical activity. The E-Factor is different from the competition because it is a 6-degree-of-freedom motion capture system that is not video-based. The Fit-Factor is able to capture and measure simple and complex joint range…

MondayMay 12, 2008 4:10 pm

OTCPicks Featured Company: Bionic Products, Inc. (BNPD.PK) to Enter the Energy Supplement Market through Potential Acquisition

Bionic Products, Inc. (OTC: BNPD) recently announced that they have commenced discussions to negotiate the acquisition of a proprietary, nutrient-enhanced bottled water line. The company's management team has held discussions on the potential acquisition over a period of two days, including meetings and negotiations. Currently, the company is evaluating potential corporate actions that include further acquisitions or partnership agreements with other bottlers and vendors that could help them become a leader in producing energy drinks, nutritional supplements and beverages. The company has engaged in developmental work on the formulation of a 2.5 oz., shot-size energy supplement that will be marketed…

MondayMay 12, 2008 4:04 pm

OTCPicks Featured Company: eGain Communications Corp. (EGAN.OB) Reports Financial Numbers for March 31, 2008

Financial numbers for the third quarter of fiscal March 31, 2008 were recently released by eGain Communications Corporation (OTCBB: EGAN), a customer service provider and contact center software producer that assists companies in establishing customer interaction hubs worldwide. At the close of last Friday's trading, the company's stock rose 36.92%. The company reported total revenue of $8.8 million, an increase of 64% from a year ago. License revenue skyrocketed by 273%, reported at $2.2 million. Support and services revenue rose by 37% to $6.6 million. Gross margin a year ago was at 56%, compared to this quarter's 65%. Total operating…

MondayMay 12, 2008 3:53 pm

Fortune Market Media, Inc. (FTMM.PK) Recently Began Acquisition of Skee.TV

Fortune Market Media, Inc. (FTMM.PK), a diversified media company providing a number of financial, consumer, and investor related communication service solutions, recently announced that it began the full acquisition of Skee.TV. Skee.TV was established in February 2007, and is the first daily urban lifestyle show available free of charge to consumers either online or via most mobile phone providers. Skee.TV allows viewers to watch behind-the-scenes coverage of events, locations, sets, and sound and motion-picture studio setups. The program features world premier music videos, new product showcases, and celebrity interviews from around the world. Skee.TV has worked with artists from Snoop…

MondayMay 12, 2008 3:52 pm

May 12th CEOCast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACCP, ACCY, AFMI, CACN, CETG, CYTR, ENZ, GCEH, GNBT, GSPG, HJHO, HYTM, IFSG, IVOT, MBND, PLKH, PSTI, RVEP, SMGY, SWVC, TAGS, TKO For the first time in four weeks the market lost ground. To be exact, the S&P 500 lost 26 points or 1.8%, bringing its year to date loss to 5.5%. The Nasdaq Composite Index declined by 31 points, increasing its year to date loss to 7.8%. The Dow Jones Industrial Average had the most severe decline last week, with a loss of 312 points or 2.4%, bringing its year…

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