Dallas, TX 7/2/2012 11:35:11 PM
News / Stocks

XDSL, VIBE, IVAN and ALXA are the Daily Market Mover(s) for July 2nd from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Mover(s) XDSL, VIBE, IVAN and ALXA

MPHASE TECHNOLOGIES INCORPORATED (OTCBB: XDSL) "Up 11.11% in morning trading"

mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery. In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award-winning product designed by Porsche Design Studio and sold via the mPower website at www.mpowertech.com.

VIDABLE INCORPORATED (OTC: VIBE) "Up 100.00% in morning trading"

Vidable, Inc. is a development stage video based e-commerce marketplace company which intends to connect merchants and customers via streaming video, mobile technology and social media. Vidable is establishing a business model that will simplify the e-commerce marketplace that connects buyers and sellers. The company intends to operate a next-generation website that incorporates streaming video and mobile technology and uses various best- of-breed features. Vidable.com will be a centralized Internet portal that allows consumers to find information about various products and services through businesses and consumer posted videos on a local basis.

IVANHOE ENERGY INCORPORATED (NASDAQ: IVAN) "Up 40.46% in morning trading"

Ivanhoe Energy is an independent international heavy oil development and production company focused on pursuing long-term growth in its reserves and production using advanced technologies, including its proprietary heavy oil upgrading process (HTLTM). Core operations are in Canada, United States, Ecuador, Mongolia, and China, with business development opportunities worldwide.

ALEXZA PHARMACEUTICALS INCORPORATED (NASDAQ: ALXA) "Up 8.49% in morning trading"

Alexza Pharmaceuticals, Inc., a development stage company, focuses on the research, development, and commercialization of novel proprietary products for the acute treatment of central nervous system conditions. Its product candidates are based on a proprietary technology, the Staccato system that vaporizes an excipient-free drug to form a condensation aerosol that, when inhaled, allows for rapid systemic drug delivery. The company’s clinical-stage product candidates comprise AZ-004 (staccato loxapine), which is licensed to Biovail Laboratories International SRL for the acute treatment of agitation in patients with schizophrenia or bipolar disorder; AZ-007 (staccato zaleplon), which completed phase I status for the treatment of insomnia; and AZ-001 (staccato prochlorperazine) and AZ-104 (staccato loxapine, low-dose), phase II product candidates for the treatment of migraine headache. It also develops AZ-002 (Staccato alprazolam), which completed a phase 1 clinical trial in healthy subjects and a phase 2a proof-of-concept clinical trial in panic disorder patients for the treatment of panic attacks; and AZ-003 (Staccato fentanyl) that completed phase 1 clinical trial for the treatment of patients with acute pain, including patients with breakthrough cancer pain and postoperative patients with acute pain episodes. The company was formerly known as Alexza Molecular Delivery Corporation and changed its name to Alexza Pharmaceuticals, Inc. in July 2005. Alexza Pharmaceuticals, Inc. was founded in 2000 and is based in Mountain View, California.

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