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Jan. 24, 2011 12:31 PM ET
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Power3 Medical Products, Inc. (OTC:PWRM)

Power3 Medical Products, Inc. (OTC.BB:PWRM), a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, today announced that company management believes it is making great progress in its focus on the development, sales, and marketing of its proprietary innovate diagnostic tests for breast cancer, pancreatic cancer, ovarian cancer, colon cancer, and certain neurodegenerative diseases, such as Alzheimer’s and Parkinson’s, to name a few.

In addition, Power3 is a party to several litigation matters, most of which relate to various toxic debt instruments that were entered into by Power3 several years ago when it operated under the tenure of Chairman and CEO, Steven B. Rash. Because current management believes these toxic debt instruments are responsible for Power3’s depressed stock price and have distracted the company from its mission, Power3 plans to settle as many of these nagging lawsuits as possible prior to the completion of its merger with Rozetta-Cell Life Sciences, Inc. As for those lawsuits that cannot be speedily resolved, Power3 will continue to rigorously defend its position. For example, one such lawsuit involves Neogenomics, Inc., which was recently granted a motion for summary judgment with respect to an amount due under a convertible debenture. Power3 intends to appeal this decision.

“We are very excited to be finally ridding ourselves of litigation that has plagued us for several years now,” stated Ira L. Goldknopf, President and Chief Scientific Officer of Power3 Medical Products, Inc. “We have big plans for the future beginning with our upcoming acquisition of Rozetta-Cell and are about to enter a long and substantial growth phase marked by advances in our science and intellectual property. Given the imminent nature of many of these transactions and breakthroughs, we have decided, in consultation with the financiers of Rozetta-Cell, that the best course of action for Power3 is to settle many of these lawsuits so that we can focus our attention exclusively on the acquisition of Rozetta-Cell and the development of our combined businesses after the merger.”

Rozetta-Cell Life Sciences, Inc. is a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy. Power3 plans to effect the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into Power3, with Power3 remaining as the surviving company. The acquisition of Rozetta-Cell is expected to be completed in February 2011.

Parkinson’s disease generally affects people around 50 years old. Early on warning signs of PD are subtle and take place gradually. Inside many people the ailment moves along faster compared with others. Since the ailment moves on, the shaking, or tremor, which in turn impinges on a large number of PD patients can start to impact every day actions. Other signs and symptoms may include depression and other mental adjustments; difficulty in swallowing, chewing, and speaking; urinary problems or constipation; skin problems; and sleep disruptions. Generally there are currently no blood or laboratory tests which may help in figuring out sporadic PD. Because of this the medical diagnosis is depending on track record including a neurological examination. The actual condition can be hard to diagnose properly. Doctors may possibly sometimes demand brain scans or laboratory tests as a way to eliminate other diseases.

Alzheimer’s worsens after a while. Alzheimer’s is some sort of progressing ailment, in which symptoms slowly progress over a period of time. In its early stages, forgetfulness is slight, however with late-stage Alzheimer’s disease, people today will not be able to carry on a conversation as well as react to their natural environment. Alzheimer’s disease is considered the 6th leading source of dying within the united states. Those that have Alzheimer’s disease live life typically 8 years after their signs or symptoms come to be obvious to many others, but yet survival can vary from three to 20 years, based on years of age along with other health conditions.

Breast cancer (malignant breast neoplasm) is cancer from breast tissue, most frequently of your intrinsic lining of milk ducts as well as lobules that provide the ducts with milk. Cancers originating from ducts these are known as ductal carcinomas; those originating from lobules are classified as lobular carcinomas.

American Video Teleconferencing Corp. (OTC:AVOT) is pleased to announce that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company’s exploration programs on its newly acquired rare earth property in Quebec.

Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp.(DeBeers) in Africa and Benguet Cons. in the Philippines. Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology, has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists.

The company is looking forward to this new relationship with Mr. Lockhart as he will be able to provide the guidance, expertise and leadership that will be needed moving forward, as he has had many years experience working in the province of Quebec.

Concurrent Computer Corporation (Nasdaq:CCUR) a worldwide leader in video, media data and advertising solutions, will announce its fiscal 2011 second quarter financial results on Tuesday, February 1, 2011, immediately following the closing of regular stock market trading hours. Concurrent management will host a conference call that same day at 4:30 p.m. ET to review the results.
Concurrent Computer Corporation provides solutions that enable the seamless delivery, management, and monetization of video on any screen worldwide. Its screen-independent video delivery solutions create a holistic, 360° view of the consumer video experience.

Community West Bancshares (Nasdaq:CWBC) reported net income of $1.1 million in the fourth quarter of 2010 (4Q10), compared to net income of $97,000 in the fourth quarter a year ago (4Q09). The loan loss provision in 4Q10 was $1.3 million compared to $2.8 million in 4Q09. For the full year, Community West reported net income of $2.1 million, compared to a net loss of $5.8 million for 2009. The loan loss provision for all of 2010 was $8.7 million compared to $18.7 million in 2009.
Community West Bancshares operates as a holding company for Community West Bank, National Association that offers commercial and retail financial services to professionals, small to mid-sized businesses, and individual households in California.

Hudson Highland Group Inc. (Nasdaq:HHGP) one of the world's leading providers of permanent recruitment, contract professionals and talent management solutions, will issue its fourth quarter and full year financial results for the period ended December 31, 2010 after the market closes on Wednesday, February 9, 2011. The company will host an analyst conference call to review its results, market trends and outlook at 9:00 a.m. ET on Thursday, February 10, 2011. The call will be webcast live on the company's investor relations Web site: www.hudson.com and can also be accessed online through Yahoo! Finance at www.yahoo.com. The archived call will be available for audio replay for one year on the company's investor relations Web site: www.hudson.com.
Hudson Highland Group, Inc. provides professional staffing and talent management solutions worldwide. The company offers professional staffing services on a permanent and contract consulting basis, as well as a range of talent management services to businesses operating in various industries.



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