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RUTH, PWRM, CYTX, UWBK - Stock Updates! from CRWEfinance.com

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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 recently delivered four poster presentations at the 2010 ICAD. These presentations discussed PWRM’s diagnostic test, NuroPro, and focused on PWRM’s Alzheimer’s disease blood serum biomarkers, test and clinical validation trials.

“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,” stated Dr. Ira L. Goldknopf, PWRM ’s President & Chief Scientific Officer. “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 Power3’s protein biomarkers indicate how patients respond to treatment with the three major anti-dementia drugs.”

“We are pleased that our blood tests specifically diagnose Alzheimer’s in patients, both pre- and post-treatment,” commented Helen R. Park, MS, CEO of PWRM, “and that our scientific collaborators, Dr. Marwan Sabbagh, Medical and Scientific Director of the Banner Sun Health Medical Research Institute, and Dr. Lourdes R. Bosquez, President of the Woodlands Behavioral Institute, Inc., presented along with us at the meeting in Hawaii.”

“We are within striking distance of realizing an Alzheimer’s clinical diagnostic tool which I hope will lead to a greater understanding of the disease and buoy the pace of future therapeutic interventions,” added Marwan Sabbagh MD, Medical and Scientific Director of Banner Sun Health Medical Research Institute.

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

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Ruth's Hospitality Group Inc. (Nasdaq:RUTH) third-quarter loss narrowed, benefiting from fewer expenses and improved results at its Ruth's Chris Steak House restaurants. The restaurant company that owns the famous Ruth's Chris chain also named President and CEO Michael P. O'Donnell as its chairman on Friday october 29, 2010. Ruth's had a loss of $477,000, or a penny per share, compared with a loss of $954,000, or 4 cents per share, in the prior-year period.

Ruth’s Hospitality Group, Inc., together with its subsidiaries, operates restaurants in the United States and internationally. It operates the Ruth’s Chris Steak House, Mitchell’s Fish Market, Columbus Fish Market, Mitchell’s Steakhouse, and Cameron’s Steakhouse restaurant concepts in the full-service dining industry.

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Cytori Therapeutics, Inc. (Nasdaq:CYTX) will be hosting an investor teach-in on cardiac cell therapy on Tuesday, November 16 from 7:00-8:00 AM CT (8:00-9:00 AM ET) from the American Heart Association meeting in Chicago. The goal is to help investors evaluate the several ongoing clinical trials and approaches to using stem cells for the treatment of heart attacks, heart failure and other vascular diseases.

Cytori is a leader in providing patients and physicians around the world with medical technologies that harness the potential of adult regenerative cells from adipose tissue. The Celution System family of medical devices and instruments is being sold into the European and Asian cosmetic and reconstructive surgery markets but is not yet available in the United States.

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United Western Bancorp, Inc. (Nasdaq:UWBK) the holding company of United Western Bank, announced that it has entered into a definitive Investment Agreement with affiliates of Lovell Minnick Partners LLC and Oak Hill Capital Management, LLC as well as entities controlled by Henry C. (Ric) Duques, the former Chairman and Chief Executive Officer of First Data Corporation, for significant investments that will support United Western’s recapitalization plan. The Investments were unanimously approved by the Company’s Board of Directors and are subject to regulatory and other conditions.

United Western Bancorp, Inc. is focused on developing its community-based banking network through its subsidiary, United Western Bank, by strategically positioning branches across Colorado’s Front Range market.

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