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Medizone International, Inc. (OTCBB: MZEI) $0.17. Today announced that following several months of research, AsepticSure(TM) can now achieve a level of bacterial decontamination heretofore unseen in open space settings using conventional means. Dr Michael E. Shannon, Director of Medical Affairs, Medizone International stated, "Our research team has pressed hard over the last few months to systematically evaluate various decontamination options involving numerous technological approaches in combination, and to our surprise, we have managed reliably and predictably to break through the 6 log barrier with MRSA. This unexpected development will significantly expand the utility for AsepticSure(TM), since by definition, any bacterial reduction beyond 6 logs (99.9999%) is considered STERILIZATION. This unique combination of technologies and protocols will now be tested on C difficile, E coli, Pseudomonas aeruginous, and VRE with the expectation that AsepticSure(TM) will achieve the same degree of incremental improvement over the 4 to 5 log reductions we have already demonstrated with those pathogens in earlier trials."
What They Do: Medizone International, Inc., is a research and development company engaged in developing its AsepticSure(TM) technology to decontaminate and sterilize hospital surgical suites, emergency rooms, intensive care units, schools and other critical infrastructure.
Javo(R) Beverage Company (OTCBB: JAVO) $0.21. Today announced its unaudited financial results for the third quarter and first nine months of 2009. For the third quarter of 2009, total revenue increased to $6.3 million, up 11% from revenue of $5.7 million in the same quarter in 2008. Net sales from dispensed products, the Company's primary source of revenue, grew to $6.0 million, a 41% increase compared to the prior year quarter. This improvement was due to an increase in beverage dispensing locations serving Javo's coffee and tea products to a quarter-ending total of 12,162, a 30% year-over-year increase. The Company's revenue from bulk ingredients and packaged coffee and tea mixes, which do not utilize dispensing equipment, was $451 thousand, representing a decline of $919 thousand or 67% versus the second quarter of 2008. Non-dispensed product sales were lower, primarily, due to the transition of a large packaged coffee account to toll extraction that had the effect of lowering revenue but not effecting gross profit.
For the third quarter of 2009, gross profit increased 51% to $3.5 million from $2.3 million in the same period of 2008. Gross profit margin for the quarter expanded by 1440 basis points to 55% as the Company continued to benefit from operating leverage derived from the integration of several manufacturing processes, a reduction in the average ingredient cost per unit and a favorable shift in product mix to dispensed products. In addition, the Company's higher sales level allowed it to realize cost savings in packaging materials and freight charges.
What They Do: Javo(R) Beverage Company is an innovator and leader in the manufacture of coffee and tea-based dispensed beverages, drink mixes and flavor systems.
Cleartronic, Inc. (OTCBB: CLRI) $0.017. Today announced its 2009 third quarter results. Revenues for the three months ended June 30, 2009 were $532,213, as compared to $11,966 in the same period last year. Revenue consists of sales of hardware, software, installation and maintenance and support services.
In addition, revenues for the nine months ended June 30, 2009 were $1,593,395 compared to revenues of $254,555 for the same period a year earlier.
Operating expenses for the third quarter were reduced by more than 60% from those incurred in the third quarter of 2008. In addition, the operating expenses were reduced by almost 50% for the first nine months as compared for the same period last year. Lower operating costs were achieved through more efficient sales and marketing spending and aggressive reductions in administrative expenses.
What They Do: VoiceInterop, Inc., a wholly owned subsidiary of Cleartronic, Inc., is an application developer, systems integrator, and manufacturer of the patent-pending AudioMate360 IP gateways.
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