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www.facebook.com/otcpicksMED GEN INCORPORATED (OTCBB: MDIN)
"Up 200.00% on Tuesday"
Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system, Spray’s the Way ("STW"). It is best known for producing the world’s first patented liquid spray snoring relief formula, Snorenz®. Since its existence, Med Gen has continued to develop its STW technology, introducing Good Nights Sleep®, the UnDiet® system and GOOD NIGHTS SLEEP® Sleep Strips into its family of brands. FabULust™, the company’s newest product, a female sexual stimulant, has been launched in test markets throughout the country. While STW technology is mainly used, the company also produces other products that deal with common health issues using other delivery systems. The company markets its products to distributors, direct sales via the company web site and direct to consumer television, radio and print advertising. The company also distributes its brands internationally under various private labels or existing names. The Company also offers specialty financial and investment services through its Financial Services division, to small emerging public companies.
SYSTEMS EVOLUTION INCORPORATED (OTC: SSEV)
"Up 94.12% on Tuesday"
Systems Evolution, Inc., a professional services organization, through its subsidiaries, provides computer software development services, computer network support, and contract staff in the United States. It operates in two divisions, Consulting and Next Hire Consultants. The Consulting division provides software development and managed network support services. The Next Hire Consultants division provides contract staff and permanent placement services to the infrastructure engineering industry. The company was incorporated as Wallace Silver, Inc. in 1968 and changed its name to Wallace Resources, Inc. in 2000; and to Systems Evolution, Inc. in 2003. Systems Evolution is based in Houston, Texas. As of December 31, 2008, Systems Evolution Inc. operates as a subsidiary of STI Group, Inc.
EDAP TMS S.A. (NASDAQ: EDAP)
"Up 20.87% on Tuesday"
EDAP TMS SA develops and markets Ablatherm, the most advanced and clinically proven choice for high-intensity focused ultrasound (HIFU) treatment of localized prostate cancer. HIFU treatment is shown to be a minimally invasive and effective treatment option with a low occurrence of side effects. Ablatherm-HIFU is generally recommended for patients with localized prostate cancer (stages T1-T2) who are not candidates for surgery or who prefer an alternative option, or for patients who failed radiotherapy treatment. Approved in Europe as a treatment for prostate cancer, Ablatherm-HIFU (High Intensity Focused Ultrasound) is currently undergoing evaluation in a multicenter U.S. Phase II/III clinical trial under an Investigational Device Exemption granted by the FDA, the ENLIGHT U.S. clinical study. The Company also is developing this technology for the potential treatment of certain other types of tumors. EDAP TMS SA also produces and commercializes medical equipment for treatment of urinary tract stones using extra-corporeal shockwave lithotripsy (ESWL).
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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