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PTS, Inc. (OTCPK:PTSH)
PTS, Inc. does not have significant operations. PTSH intends to acquire undervalued businesses and/or merge with businesses with a history of operating revenues. Prior to February 23, 2010, PTSH engaged in the provision of accessibility compliance consulting services to government, school districts, and municipalities and other public entities, as well as to retail, commercial, recreational, and corporate customers. PTS, Inc. was founded in 1996 and is based in Las Vegas, Nevada.
PTS, Inc. has entered into a Share Exchange Agreement pursuant to which PTSH will acquire 70% of ThinLine Technology Group at the closing. Closing shall occur as soon as PTSH receives satisfactory audited financials from ThinLine, but not later than December 31, 2010.
ThinLine Technology Group (www.thinlinegroup.com) manages, markets and maintains the IT and VOIP infrastructure for small and medium business (SMB market) and provides Private Cable Operators (PCO market) private label billing and call center support. At present, the company services over 21,000 clients on behalf of Private Cable Operators over 400 apartment properties across the United States.
In other PTS, Inc. news and events: In concert with recent merger news, PTS, Inc. will shortly announce its new officers directors and board members, replacing current interim management.
To learn more about PTSH visit: http://www.ptspi.com
Hersha Hospitality Trust (NYSE:HT), owner of select service and upscale hotels in major metropolitan markets, recently announced results for the third quarter ended September 30, 2010. For the third quarter ended September 30, 2010, net income applicable to common shareholders increased to $0.1 million, compared to a net loss of $(33.6) million for the comparable quarter of 2009.
Hersha Hospitality Trust, a real estate investment trust, engages in the ownership and operation of mid scale limited service hotels in the Eastern United States.
Power3 Medical Products, Inc. (OTC:PWRM)
PWRM has filed several patent applications that are currently pending for its NuroPro technology. PWRM also has a world-wide exclusive license from the Baylor College of Medicine in Houston, Texas. To date, PWRM has given 9 presentations on NuroPro at international scientific meetings in the United States, Europe and China. PWRM has also published 6 articles on NuroPro in peer-reviewed scientific journals. PWRM intends to publish these latest findings as well.
PWRM, a bio-technology company, engages in the development and marketing of diagnostic tests in the fields of cancer, and neurodegenerative and neuromuscular diseases in the United States. PWRM’s products include BC-SeraPro, a proteomic blood serum test for the early detection of breast cancer; and NuroPro, a serum test for the detection of neurodegenerative diseases, such as amyotrophic lateral sclerosis, Alzheimer’s disease, and Parkinson’s disease. PWRM ’s products analyze proteins and their mutations to assess an individual’s risk for developing disease later in life or a patient’s likelihood of responding to a particular drug; assess a patient’s risk of disease progression and disease recurrence; and measure a patient’s exposure to drug therapy. PWRM was formerly known as Surgical Safety Products, Inc. and changed its name to Power3 Medical Products, Inc. in September 2003. PWRM was founded in 1992 and is based in The Woodlands, Texas.
To learn more about PWRM visit: http://www.Power3Medical.com
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, recently reported third quarter 2010 revenues of $119.9 million and pro forma EBITDA of $11.7 million, or 9.8% of revenues.
Kratos Defense & Security Solutions, Inc. provides engineering, information technology (NYSE:IT) services, and warfighter solutions primarily in the United States.
RealNetworks, Inc. (NASDAQ:RNWK) Digital media software and services company RealNetworks, Inc. recently announced results for the third quarter ended Sept. 30, 2010. For the third quarter of 2010, revenue from Real’s Core Products, Emerging Products and Games businesses was $86.4 million compared with $101.5 million for the third quarter of 2009.
RealNetworks, Inc. delivers digital entertainment services to consumers via PCs and mobile devices.
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