Austin, TX 10/18/2007 10:56:36 PM
Speak with other shareholders about: (OTCBB: VASO), (OTC BB:ELHI) , (Nasdaq:SLTC) , (PinkSheets: AXTG)
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Vasomedical, Inc (OTCBB: VASO) Current Price (0.11) WESTBURY, N.Y.--Oct 16--Vasomedical, Inc. ("Vasomedical") (OTC: VASO.OB - News), a leader in the noninvasive treatment and management of cardiovascular diseases, today announced financial results for the three months ended August 31, 2007. Vasomedical, Inc. engages in the design, manufacture, marketing, and supporting of EECP external counterpulsation systems based on its technology. Its EECP therapy is a noninvasive and outpatient therapy for the treatment of diseases of the cardiovascular system indicated for use in cases of stable or unstable angina, congestive heart failure, acute myocardial infarction, and cardiogenic shock. The therapy serves to increase circulation in areas of the heart with less than adequate blood supply and may restore systemic vascular function. The company provides hospitals, clinics, and private practices with EECP equipment, treatment guidance, and a staff training and equipment maintenance program. Vasomedical sells EECP therapy systems through a direct sales force to hospitals, clinics, and physicians private practices in the United States; and distributes through a network of independent distributors internationally. The company was incorporated in 1987 and is headquartered in Westbury, New York.
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Edgeline Holdings, Inc.
(OTC BB:ELHI) Current Price (0.69) HOUSTON--Oct 17--Edgeline Holdings, Inc. (OTCBB:ELHI - News) announced today that it has received a $7,500,000 funding proposal. The company is currently evaluating this proposal along with several other alternatives. This proposed funding would allow the company to continue to execute on its business strategy with its existing prospects and also have the ability to seek and develop new opportunities. Headquartered in Houston, Texas, Edgeline Holdings, Inc. is a publicly traded holding company that specializes in the area of discovering and acquiring leading-edge niche technologies. These technologies will be incubated and nurtured into market ready applications. Edgeline's current and prospective portfolio consists of early stage companies that require management expertise to further develop the technology to ultimately maximize the value of such technologies by bringing them to market through licensing arrangements and partnerships.
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Selectica Inc (Nasdaq:SLTC) Current Price (1.79) SAN JOSE, Calif., Oct. 11 - Selectica Inc. (Nasdaq: SLTC - News), a leading provider of enterprise contract lifecycle management and sales configuration solutions, today announced the addition of Jim W. Thanos to its Board of Directors effective October 9, 2007. Mr. Thanos, 58, has more than 20 years of senior management experience at enterprise software companies and has served on advisory boards and provided consulting services to a variety of companies since retiring from Broadvision, Inc. (OTC Bulletin Board: BVSN - News) in 2002. Selectica (NasdaqGM: SLTC - News) provides its customers with software solutions that automate the complexities of enterprise contract management and sales configuration lifecycles. The company's high-performance solutions underlie and unify critical business functions including sourcing, procurement, governance, sales and revenue recognition. Selectica has been providing innovative, enterprise-class solutions for the world's largest companies for over 10 years and has generated substantial savings for its customers. Selectica customers represent leaders in manufacturing, technology, retail, healthcare and telecommunications, including: ABB, Ace Hardware, Bell Canada, Cisco, Covad Communications, General Electric, Fireman's Fund Insurance Company, Hitachi, International Paper, Juniper Networks, Levi Strauss & Co., Rockwell Automation, Tellabs, and 7-Eleven. Selectica is headquartered in San Jose, CA. For more information, visit the company's Web site at http://www.selectica.com.
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Axis Technologies Group, Inc (PinkSheets: AXTG) Current Price (0.96) LINCOLN, NE---Oct 17, 2007 -- Axis Technologies Group, Inc. (Other OTC:AXTG.PK - News), a Green technology company that designs, manufactures and markets a proprietary line of energy saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry, announced today that the company has received a purchase order from Energy Innovation Group (EIG) for $250,000. Axis received an initial purchase order from EIG in excess of $55,000 on October 11, 2007. Axis Technologies, Inc., a Delaware corporation headquartered in Lincoln, Nebraska. Axis Technologies, Inc. designs, manufactures and markets a proprietary line of energy-saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry. The company's target market is small to large commercial users of fluorescent lighting including office buildings, wholesale and retail buildings, hospitals, schools, and government buildings. In 2002, Underwriters Laboratory (UL) approved Axis products for sale in both the United States and Canada. The Axis DDH ballast is priced competitively and is the only daylight harvesting ballast system that can be marketed as a replacement for a standard ballast.
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