Power3 Medical Products Inc (OTCBB:PWRM.OB) is a leading bio-technology company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases such as Alzheimer's disease, Parkinson's disease and amyotrophic lateral sclerosis (commonly known as ALS or Lou Gehrig's disease).
PWRM delivered four poster presentations at the 2010 International Conference on Alzheimer’s Disease (NASDAQ:ICAD) in Honolulu, Hawaii. These presentations discussed NuroPro, Power3’s diagnostic test, and focused on PWRM ’s Alzheimer’s disease blood serum biomarkers, test and clinical validation trials.
President and Chief Scientific Officer of Power3,Dr. Ira L. Goldknopf, commented: “In preparation for commercialization, our objective at this meeting was to show how Power3’s protein biomarkers and blood tests provide superior solutions for diagnosis and drug response to improve the treatment of Alzheimer’s disease. It was gratifying to receive substantial attention to our posters from representatives of major pharma and clinical research institutions from around the world. They expressed surprise and enthusiasm for our findings, especially those relating to the methods by which PWRM’s protein biomarkers indicate how patients respond to treatment with the three major anti-dementia drugs.”
PWRM has also signed a definitive agreement to acquire all of the stock of Rozetta-Cell Life Sciences, Inc. Power3 plans to effectuate the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into Power3, with Power3 remaining as the surviving company in the merger. The acquisition of Rozetta-Cell is expected to be completed in October or November 2010.
Rozetta-Cell is a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy. The company has a robust intellectual property portfolio and has created numerous products for adult stem cell therapy that are ready for market globally. Rozetta-Cell also has several collaborations in process through which it is partnering with industry-leading adult stem cell research companies and adult stem cell vendors.
PWRM strives to become the premier biotechnology company specializing in the commercialization of proteomics IP for the diagnosis and treatment of disease by using cutting edge technologies, world class quality procedures and superior research methodologies. The Company will be guided in all of its dealings with its customers, partners, shareholders, associates and investors by the philosophy of best practices.
More about PWRM at: www.Power3Medical.com
Rockwell Automation, Inc. (NYSE:ROK) is scheduled to release its fiscal 2010 fourth quarter results on Tuesday, November 9, before the market opens. The release will be posted on the Rockwell Automation website at www.rockwellautomation.com.
A conference call to discuss the quarterly results will be held at 8:30 a.m. Eastern Time on November 9. This call will be audio webcast and accessible on the Rockwell Automation website.
Rockwell Automation, Inc. provides industrial automation power, control, and information solutions. The company operates in two segments, Architecture & Software, and Control Products & Solutions.
Borders Group (NYSE:BGP) launched the “Borders Customer Commitment” program, a new customer satisfaction initiative. The Customer Commitment — the first of its kind for a national bookseller — includes the “Low Price Promise,” a new in-store program promising to match a local competitor’s advertised, in-store price on items that Borders has in-stock. The Commitment also includes the popular “In-Stock Promise,” which assures consumers if they don’t find an item in stock at a Borders store, and it’s among the more than one million titles available on Borders.com, Borders will find it and pay the shipping costs to the customer’s home.
Headquartered in Ann Arbor, Mich., through its subsidiaries, Borders Group, Inc. is a leading specialty retailer of books as well as other educational and entertainment items.
Intersil Corporation (NASDAQ:ISIL) recently introduced its HEV/EV system solution, featuring an automotive grade Li-Ion battery management system and safety monitor. Building upon Intersil’s history of providing superior battery management devices for the portable electronics market, the automotive grade (AEC-Q100) ISL78600 multi-cell solution is specifically designed and tested to address the safety, reliability and performance requirements of the hybrid, plug-in hybrid (PHEV) and electric vehicle markets.
Intersil Corporation is a leader in the design and manufacture of high-performance analog, mixed signal and power management semiconductors.
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