Del Mar 4/28/2010 7:11:06 PM
Stocksource.us brings you all the OTCBB Stocks in the News for April 28
PolyMedix, Inc. (OTC BB: PYMX), SwissINSO Holding Inc. (OTCBB: SWHN), Intermountain Community Bancorp (OTCBB:IMCB), Vanity Events Holding, Inc.'s (OTCBB:VAEV), Lattice Incorporated (OTCBB: LTTC)
PolyMedix, Inc. (OTC BB: PYMX)
RADNOR, Pa.--April 28--PolyMedix, Inc. (OTC BB: PYMX), an emerging biotechnology company focused on developing new therapeutic drugs to treat acute cardiovascular disorders and infectious diseases, has initiated a Phase 1B/2 dose-ranging clinical study with its anticoagulant reversing agent, PMX-60056. The study is intended to demonstrate the safety and efficacy of PMX-60056 in reversing varying heparin levels, including the highest levels commonly used in surgical settings. Results from this Phase 1B/2 study are expected by the end of the second quarter of 2010.
"We are very excited to be continuing the development of PMX-60056 with this fourth clinical study," commented Nicholas Landekic, President and C.E.O. of PolyMedix. "This study will allow us to observe the effects of PMX-60056 with higher doses of heparin than used in the first pilot efficacy study. In addition, we hope to specifically quantify the doses of PMX-60056 needed to reverse the heparin levels commonly used in cardiothoracic surgery. We are very proud to have discovered this unique anticoagulant reversing agent, and to be the only company developing this type of drug."
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SwissINSO Holding Inc. (OTCBB: SWHN)
NEW YORK--April 28--SwissINSO Holding Inc. (OTCBB: SWHN) announced today the successful launch of KRYSTALL(TM), its first fully solar powered water purification product. SwissINSO hosted a launch event for the product on April 22nd in Lausanne, Switzerland, and is pleased to report enormous interest in it.
Over 80 people attended the event, including investment bankers, investors, scientists, commercial partners, distributors and members of the press. The exceptional turnout has resulted in numerous high-level inquiries as well as press, national television and radio coverage.
All attendees were unanimously impressed by the KRYSTALL(TM) system, its quality and the ability of SwissINSO to be the first to be able to truly integrate solar energy with water purification in response to one of the most significant issues facing the world.
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Intermountain Community Bancorp (OTCBB:IMCB)
SANDPOINT, Idaho, April 28, 2010 -- Intermountain Community Bancorp (OTCBB:IMCB), the holding company for Panhandle State Bank, reported first quarter 2010 financial results with improving net interest margin, solid growth in core deposits, and continuing balance sheet strength. Reflecting the difficult economic environment in the Pacific Northwest, Intermountain reported that following a $6.8 million provision for loan losses, it recorded a net loss applicable to common shareholders of $4.7 million, or $0.56 per common share, for the quarter ended March 31, 2010. This compares to a net loss applicable to common shareholders of $9.0 million, or $1.07 per common share in the prior quarter and a net loss applicable to common shareholders of $532,000, or $0.06 per common share in the first quarter of 2009.
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Vanity Events Holding, Inc.'s (OTCBB:VAEV)
NEW YORK, April 27, 2010 -- Vanity Events Holding, Inc.'s (OTCBB:VAEV) America's Cleaning Company(TM) is pleased to announce the creation of regional territories operated by the corporate office. "The strong customer base and success America's Cleaning Company has established across multiple boroughs, Long Island, and northern New Jersey created this need," commented Vanity CEO Steven Moskowitz. "Establishing multiple territories allows the Company to more efficiently manage its operations within each region as well as test the company's franchise software against a multi-'franchise' model." The new alignment, which will go into effect May 1st, will see two regions established with separate operational teams: one for Queens and Long Island, the other for Manhattan, Brooklyn, and Northern New Jersey. Both will be overseen by America's Cleaning Company's corporate office in New York. The Company plans to split the territories further as it continues to grow its customer base.
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Lattice Incorporated (OTCBB: LTTC)
PENNSAUKEN, NJ -- 04/27/10 -- Lattice Incorporated (OTCBB: LTTC), a provider of advanced technological solutions to key government agencies and enterprise customers, announced today the first European trial of its proprietary call management system.
CEO Paul Burgess said, "We are preparing a trial of our call management system in a prison in England currently managed by a private jail company. The purpose of the trial is to see how our system and services perform versus currently installed systems from an incumbent telecommunications provider. If we can demonstrate a significant improvement in service, our solution will be phased in.
"This is another step forward in transforming our communications group business model to a services-based model that will provide a consistent recurring revenue stream. We already have reported 11 sites in the U.S. under contract generating approximately $1 million in annualized revenue and we expect to announce additional sites shortly.
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