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MedLink International Inc.’s (MLKNA) Suite of Products and Services Set the Bar for HIT Industry |
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Friday, 05 September 2008 |
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Americans spent more than
$2.3 trillion on healthcare in 2007; though spending is expected to reach $4.3
trillion by 2025, rising healthcare costs create a barrier for some individuals
in need of healthcare. Advancements in healthcare information technology create
standards for the entire healthcare industry to curb rising costs by as much as
10%.
While many clinics still
use traditional paper and filing methods, many are moving in the direction of
electronic records. To increase these numbers, the Centers for Medicare and
Medicaid Services (CMS) and the Office of the Inspector General (OIG) are
pushing for automated medical record keeping by allowing acute care organizations
to provide physicians with hardware, software, training and support necessary
from implementing electronic record systems. |
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From Pig Tracking to Tire Treads, Advanced ID Corp. (AIDO) Proves to be Market Leader |
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Friday, 05 September 2008 |
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For more than 10 years, Advanced ID Corp. has been a market
leader in Canada’s
pet recovery business. The company
develops radio frequency identification (RFID) technology for livestock
tracking, pet recovery and supply chain applications focusing on the tire
management industry; the company recently extended its marketing efforts
overseas to reach a rapidly growing market.
In August, AIDO announced its first order from the Taiwan
Government for 5,000 low frequency (LF) RFID Pet Recovery Microchips. The order
is the first of a yearly commitment of 100,000 chips per year, as well as 1,000
chip readers per year.
In the same breath, the company announced its participation
in a pig tagging/traceablity project in Taiwan, which will utilize AIDO’s
ultra high frequency RFID Pig Ear Tag. May not sound like much right off the
bat, but according to the Taiwan Agriculture Department, the market potential
for AIDO’s pig tags is 8 million tags per year. |
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SpongeTech Delivery Systems Inc. (SPNG): Raising Brand Awareness through Favorable Exposure |
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Friday, 05 September 2008 |
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Spongetech
is utilizing the potency of television advertisement to boost brand awareness;
the innovator of advanced technology for car care recently announced it will
start airing promotional advertising on the New England Sports Network (NESN)
TV tonight, Friday, September 5, 2008.
Regional
cable television network NESN covers the six New England states except Fairfield County, Connecticut. Although it mainly broadcasts non-national
Boston Red Sox and Boston Bruins games, NESN also features regional college
sports including college hockey games on Friday nights, various outdoor shows,
and sports talk shows featuring the sports columnists of the Globe. |
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ADC Telecommunications Profit Drops 9%; Revenue Up; Lowers Earnings Guidance |
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Friday, 05 September 2008 |
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ADC
Telecommunications Inc. (Nasdaq: ADCT), the Eden Prairie, Minnesota-based
provider of broadband communications network infrastructure products, reported
a 9% drop in earnings in the third quarter from the same period last year,
despite a 13% increase in revenues. The
company also lowered guidance to its 2008 outlook for earnings from continuing
operations.
The
company said third-quarter net income fell to $15.1 million, or 13 cents per
diluted share, from $16.6 million, or 14 cents per diluted share,
year-over-year. |
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