ALU, PWRM, QTM, S - Stock Report From DrStockPick.com!

Power3 has filed several patent applications for its NuroPro® technology that are currently pending.
By: Karl McMahon
 
Nov. 13, 2010 - PRLog -- Power3 Medical Products, Inc. (OTC.BB:PWRM) a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, announced that it delivered four poster presentations at the 2010 International Conference on Alzheimer's Disease (ICAD) in Honolulu, Hawaii. These presentations discussed NuroPro®, Power3's diagnostic test, and focused on Power3's Alzheimer's disease blood serum biomarkers, test and clinical validation trials.

"We are pleased that our blood tests specifically diagnose Alzheimer's in patients, both pre- and post-treatment," said Helen R. Park, MS, Chief Executive Officer of Power3, "and that our scientific collaborators, Dr. Marwan Sabbagh, Medical and Scientific Director of the Banner Sun Health Medical Research Institute, and Dr. Lourdes R. Bosquez, President of the Woodlands Behavioral Institute, Inc., presented along with us at the meeting in Hawaii."

"We are within striking distance of realizing an Alzheimer's clinical diagnostic tool which I hope will lead to a greater understanding of the disease and buoy the pace of future therapeutic interventions," added Marwan Sabbagh MD, Medical and Scientific Director of Banner Sun Health Medical Research Institute.

Power3 has filed several patent applications for its NuroPro® technology that are currently pending. Power3 also has a world-wide exclusive license from the Baylor College of Medicine in Houston, Texas. To date, Power3 has given 9 presentations on NuroPro at international scientific meetings in the United States, Europe and China, and has published 6 articles in peer-reviewed scientific journals on the subject. Power3 intends to publish these latest findings as well.

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Sprint Nextel Corp.  announced that customers can attach ZTE PEEL™ to their Apple iPod touch and connect to Sprint’s 3G network. ZTE PEEL is a unique device that cradles the second- and third-generation iPod touch with a case-like form factor. With universal Wi-Fi compatibility and support for up to two Wi-Fi enabled devices, iPod touch users will have a virtually anywhere, anytime Internet connection that removes the reliance on a Wi-Fi hotspot for a data connection. Customers simply slide their iPod touch (touch-screen face out) into ZTE PEEL, press down on both sides until it clicks into place, and then press the power button located on the back of ZTE PEEL to connect to Sprint’s 3G network.

Sprint Nextel Corporation offers wireless and wireline communications products and services to consumers, businesses, and government users in the United States, Puerto Rico, and the U.S. Virgin Islands. Its Wireless segment provides wireless mobile voice and data transmission services on networks that utilize CDMA and iDEN technologies, as well as offers fourth generation wireless services.

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Quantum Corp.  announced that it priced a private placement of $125 million aggregate principal amount of 3.50% Convertible Senior Subordinated Notes due 2015 to be issued to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended. The company has granted the initial purchasers of the notes an over-allotment option to purchase up to an additional $10 million aggregate principal amount of notes for a period of 30 days from November 9, 2010.

Quantum Corporation operates as a storage company that provides backup, recovery, and archive solutions. The company offers a range of disk, tape, and software solutions for information technology departments in various organizations to protect, retain, and access their digital assets.

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Alcatel-Lucent  IPTV Micro-Architecture solution designed for underserved smaller local and regional markets garnered a TelcoTV Vision Award in the “Most Innovative Middleware” category at TelcoTV 2010, the largest video conference and expo focused on the U.S. service provider market. The TelcoTV Vision Awards recognize the most innovative and “visionary” new products, services, and applications announced in the communications industry in the past year. The finalists were determined by a distinguished panel of industry executives and analysts.

Alcatel-Lucent offers products, solutions, and transformation services that enable service providers, enterprises, governments, and strategic industries to deliver voice, data, and video communication services to end-users worldwide. It engages in the development and sale of software and related services to manage customer interactions.




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