Dallas, TX 3/20/2009 6:53:47 AM
News / Finance

OTCPicks.com Stocks to Watch for Friday, March 20th CROE, PTEK, XTNT, XTLB

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Our Stocks to Watch tomorrow include CoroWare Inc. (OTCBB: CROE), PokerTek Inc. (Nasdaq: PTEK), XTENT Inc. (Nasdaq: XTNT) and XTL Biopharmaceuticals Ltd. (Nasdaq: XTLB).

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COROWARE INCORPORATED (OTCBB: CROE)

"Up 120.00% on Thursday"

Headquartered in Redmond, WA with employees and partners around the world, CoroWare Technologies is a company built on integrity, ingenuity, and good old-fashioned hard work. CoroWare specializes in providing communication and automation products and services to optimize the technology investments of enterprise customers. Offering a broad spectrum of customized customer-focused solutions, including telepresence, robotics development and IT lab management, CoroWare combines the flexibility of a small company with international resources to design the right-sized solution at the right price. CoroWare's experts understand the challenges companies face to keep business running smoothly, meet project deadlines, implement innovative ideas and stay within budget.

POKERTEK INCORPORATED (NASDAQ: PTEK)

"Up 69.00% on Thursday"

PokerTek, Inc., headquartered in Matthews, NC, develops and markets products for the casino and amusement industries. PokerTek developed PokerPro automated poker tables and related software applications to increase casino revenue, reduce expenses and attract new players into poker rooms by offering interactive poker that is fast, fun and mistake-free. Heads-Up Challenge is a two-player table that allows bars and restaurant patrons to compete head-to-head in various games for amusement purposes, increases earnings for game operators and provides patrons unique and challenging on-site entertainment. Both products are installed worldwide.

XTENT INCORPORATED (NASDAQ: XTNT)

"Up 44.44% on Thursday"

XTENT, Inc. is a medical device company focused on developing and commercializing innovative customizable drug eluting stent (DES) systems for the treatment of coronary artery disease (CAD). CAD is the most common form of cardiovascular disease and the number one cause of death in the United States and Europe. XTENT Custom NX DES Systems are designed to enable the treatment of single lesions, long lesions and multiple lesions of varying lengths and diameters, in one or more arteries with a single device.

XTL BIOPHARMACEUTICALS LIMITED (NASDAQ: XTLB)

"Up 48.15% on Thursday"

XTL Biopharmaceuticals, Ltd., a biopharmaceutical company, engages in the acquisition and development of therapeutics for the treatment of diabetic neuropathic pain and HCV. Its lead compound, Bicifadine, is a serotonin and norepineprine reuptake inhibitor, which is in Phase 2b clinical trial for the treatment of diabetic neuropathic pain, a chronic condition resulting from damage to peripheral nerves. The company's other development program, Diversity Oriented Synthesis, is focused on the development of novel pre-clinical hepatitis C small molecule inhibitors. XTL Biopharmaceuticals has strategic alliances with DOV, VivoQuest, and Presidio. The company was founded in 1993 as Xenograft Technologies, Ltd. and changed its name to XTL Biopharmaceuticals, Ltd. in 1995. XTL Biopharmaceuticals is headquartered in Valley Cottage, New York.

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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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