Chairman and CEO of PositiveID (OTCBB: PSID) Discusses Catalysts for 2012 in Diabetes Market and Homeland Security Market
New York, NY- February 16, 2012 – (Investorideas.com Newswire) Medical Technology Stock news alert: Investorideas.com, a leader in research for independent investors presents an exclusive Q&A interview with Medical technology stock, PositiveID Corporation (OTCBB: PSID). Mr. William J. Caragol, Chairman and Chief Executive Officer discusses the catalysts for 2012 for both its diabetes management technologies and its Homeland Security airborne bio-threat detection technology.
Q: Investorideas.com
We noted that late last year the Department of Homeland Security (“DHS”) Office of Health Affairs began the procurement process for the deployment of an autonomous biodetection system called BioWatch Gen-3. Can you give investors insight as to the potential 2012 opportunities for the Company’s airborne bio-threat detection technology (M-BAND) in this process?
A: Mr. William J. Caragol, Chairman and Chief Executive Officer
Our MicroFluidic Systems (“MFS”) subsidiary, is a leader in biothreat detection technologies and molecular diagnostic systems, and developed its M-BAND technology under contract from DHS over the past eight years. We believe our M-BAND, a Microfluidics-based Bioagent Autonomous Networked Detector, is one of only two technologies that is compatible with DHS’ procurement for Gen-3 of Biowatch, which has a total value of more than $3 billion over approximately five years, as described by the DHS in their draft RFP. This opportunity, relative to the provision of biodetectors and the renewables, represents a very significant opportunity for PositiveID.
Q: Investorideas.com
With your three diabetes management technologies, Easy Check™, GlucoChip™ and iglucose™, can you give investors a quick summary of some of the recent key developments announced by the Company and some of the key drivers for 2012?
A: Mr. William J. Caragol, Chairman and Chief Executive Officer
We continue to make significant progress with each of our diabetes management products. Starting with Easy Check, our non-invasive breath glucose detection device, we completed a prototype device in 2011 and achieved positive preliminary results in early testing that are within industry standards. We recently announced the initiation of a clinical study of Easy Check with Schneider Children’s Medical Center in Israel, led by a world leading endocrinologist. We expect to have results from that study later this year.
Moving on to GlucoChip, a continuous glucose-sensing microchip, we have completed Phase II development and proved a stable and reproducible, closed-cycle continuous glucose sensor that functions in human blood. We also recently provided an update on a biotransport study we are conducting with the Diabetes Research Institute at the University of Miami, which has yielded positive preliminary results. We will continue to provide updates on our progress over the next few months. As those results develop, we will look to work with a partner to incorporate the glucose-sensing system with a micro-electromechanical system signal transduction unit and the electronics of a radio frequency identification microchip to complete development of GlucoChip
Last but not least, we received FDA clearance for iglucose, which is a mobile health system for diabetes management, in late 2011, and are now preparing to roll-out this product with health insurers and home-healthcare providers. As we look ahead to the rest of 2012, we expect that the initial roll-out of iglucose in the first half of the year will be followed by larger orders and partnering agreements.
Q: Investorideas.com
Your technology takes management of diabetes to the clouds literally. With the iglucose technology, the data stored in the diabetes management portal can be shared automatically by text messaging or email. How significant a breakthrough is this for family members, caregivers and healthcare professionals and most importantly, the patient?
A: Mr. William J. Caragol, Chairman and Chief Executive Officer
The value proposition of iglucose is to provide an individual with diabetes flexibility and wireless connectivity to better manage their condition and stay in touch with loved ones. With iglucose, an individual no longer has to keep manual logbooks – iglucose automatically pulls the data from a glucometer and sends it to the cloud. Patients can continue to use their preferred blood glucose meter and there is no cell phone or data plan required. iglucose simplifies diabetes management by automating the process of providing blood glucose readings to healthcare professionals for more informed communication and treatment decisions. iglucose also provides peace of mind for family members that their loved ones are testing and what their values are.
Q: Investorideas.com
Easy Check is your non-invasive breath glucose detection device that measures the level of acetone in a patient's exhaled breath and correlates that acetone level to a measure of blood glucose. With a rapid growth of diabetes in children how significant is it to have a technology that could eliminate a patient's need to prick his or her finger multiple times per day to get a blood sugar reading?
A: Mr. William J. Caragol, Chairman and Chief Executive Officer
Being able to provide the diabetes community with a non-invasive method of testing their blood sugar is often called the “Holy Grail” of diabetes management. Certainly for children, offering non-invasive testing is even more important and appealing. Many times, people with diabetes do not test as often as prescribed by their physician due to the pain and inconvenience of drawing blood.
About PositiveID Corporation
PositiveID Corporation develops unique medical devices and molecular diagnostic systems, focused primarily on diabetes management, rapid medical testing and airborne bio-threat detection. Its wholly-owned subsidiary, MFS, is focused on the development of microfluidic systems for automated preparation of and performance of biological assays. For more information on PositiveID, please visit www.PositiveIDCorp.com.
Statements about PositiveID's future expectations, including the likelihood that its M-BAND is one of only two technologies that is compatible with DHS’ procurement for Gen-3 of Biowatch, which has a total value of more than $3 billion over approximately five years, as described by the DHS in their draft RFP; the likelihood that this opportunity, relative to the provision of biodetectors and the renewables, represents a very significant opportunity for PositiveID; the likelihood that PositiveID will continue to make significant progress with each of its diabetes management products; the likelihood that PositiveID will have results from its Easy Check clinical study later this year; the likelihood that PositiveID will continue to provide updates on its progress with GlucoChip over the next few months; the likelihood that as those results develop, PositiveID will look to work with a partner to incorporate the glucose-sensing system with a micro-electromechanical system signal transduction unit and the electronics of a radio frequency identification microchip to complete development of GlucoChip; the likelihood that PositiveID is now preparing to roll-out this product with health insurers and home-healthcare providers; the likelihood that the initial roll-out of iglucose in the first half of the year will be followed by larger orders and partnering agreements; the likelihood that iglucose simplifies diabetes management by automating the process of providing blood glucose readings to healthcare professionals for more informed communication and treatment decisions; and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and PositiveID's actual results could differ materially from expected results. These risks and uncertainties include PositiveID's ability to successfully complete development and commercialize Easy Check, GlucoChip and iglucose; the likelihood that PositiveID will participate in BioWatch Gen-3; as well as certain other risks. Additional information about these and other factors that could affect the Company's business is set forth in the Company's various filings with the Securities and Exchange Commission, including those set forth in the Company's 10-K filed on March 25, 2011, and 10-Qs filed on May 13, 2011, August 15, 2011, and November 14, 2011, under the caption "Risk Factors." The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
Contact:
Allison Tomek
561-805-8000
atomek@positiveidcorp.com
Learn more about PSID at Investorideas.com
http://www.investorideas.com/CO/PSID/
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Get Free investor news and stock alerts
Sign Up: http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer /Disclosure: Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. PositiveID Corporation (OTCBB:PSID) featured biotech company on Investorideas.com for 3 months effective January 30, 2012. Compensation: two hundred fifty thousand 144 shares for news release publication, syndication on blogs and related sites and email distribution and company profile .More info:www.InvestorIdeas.com/About/Disclaimer.asp and disclosures: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Contact Investorideas.com 800 665 0411
Thursday, February 16, 2012
Friday, December 9, 2011
Defense and Security Stocks; UPSG (TSX-V: UZZ) completes new $4.5M USD receivable financing
News about United Protection Security Group Inc. (TSX-V: UZZ)
EDMONTON - December 9, 2011 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V:UZZ) is pleased to announce that pursuant to a press release dated October 24, 2011 , the Company has now completed its new receivable financing of up to $4.5M USD with a New York based International Lender specialized in asset-based lending.The new facility has now replaced a $3,000,000 operating loan previously provided by a Canadian chartered bank. The Company has concurrently issued 8,000,000 common shares at $0.05 per share to Mr. F.V. Ramsoondar , CEO, in compensation for Mr. Ramsoondar giving his personal guarantee of the validity of the financial information that will be provided to the New York based financing company on an on-going basis.
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
United Protection Security Group Inc. is a showcase company on Investorideas.com
Visit the UZZ showcase profile
Get news and updates on UZZ and other stocks
http://www.investorideas.com/Resources/Newsletter.asp
Monday, December 5, 2011
Defense and Security Stocks; United Protection Security Group Inc. (TSX-V: UZZ) $20 MIllion Dollar Contract Executed
EDMONTON - December 5, 2011 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V:UZZ) is pleased to announce that the Company has executed a contract with PTI Premium Camps ("PTI") valued in excess of $20 million dollars over the contract term.
F.V. Ramsoondar stated: "PTI Premium Camps has been a valued customer and a growth partner of the Company for several years. The execution of this significant contract adds to the confidence that PTI has with us in providing professional security services for its camps. We look forward to continuing working with PTI on its existing projects and new projects going forward."
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.
F.V. Ramsoondar stated: "PTI Premium Camps has been a valued customer and a growth partner of the Company for several years. The execution of this significant contract adds to the confidence that PTI has with us in providing professional security services for its camps. We look forward to continuing working with PTI on its existing projects and new projects going forward."
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.
Monday, November 21, 2011
Security Stocks; United Protection Security Group Inc. (TSX-V: UZZ) - Q3 - RESULTS
EDMONTON - November 21, 2011 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V:UZZ) is pleased to announce that the Company has released its Q3- 2011 results.
F.V.Ramsoondar states: "The quarter ended September 30, 2011 continued to reflect the results of the restructuring and cost management that was initiated earlier in the year. My focus will be to continue to build profitability back into the Company, which will enable my team to deliver on our growth strategies.
(1) EBIITDA = Earnings before interest, impairment, taxes, depreciation and amortization
(2) EBIITDAS = Earnings before interest, impairment, taxes, depreciation and amortization and share-base payments.
Pursuant to a press release dated October 24, 2011, the Company is in the process of closing a new receivable financing facility of $4.5 USD million dollars, which does not impose any financial covenants. The Company's current receivable financing facility is capped at $3 million CAD and imposes a financial covenant that is currently in breach. Mr. Ramsoondar has executed a personal guarantee for the new facility and will be issued 8 million common shares of the Company at $0.05 per share as compensation. This $400,000 non-cash cost will be reflected in the Company's Q4-2011 results. The new facility will enable the Company to finance its organic growth plans effectively.
Revenue
Revenue was $8,758,376 for the third quarter 2011 compared to $8,496,968 for the comparative period, an increase of $261,408 or 3.08%. The increase in revenue is primarily related to sales and marketing efforts the Company deployed over the last two financial quarters.
Gross margin
Gross margin was $1,635,321 (18.67%) for the third quarter 2011 compared to $1,463,313 (17.22%) for the comparative period. The increase in gross margin is attributed to controlling overtime costs and managing other operational costs effectively.
Operating costs
Operating costs remain consistent at $7,123,055 for the third quarter 2011 compared to $7,033,655 for the quarter 2010.
Selling and administrative expenses ("S&A")
S&A totalled $1,233,212 for the third quarter 2011 compared to third quarter 2010 at $1,407,511, reflecting a decrease of $174,299 or 12.38%, the direct impact of the management cost-restructuring plan implemented in May 2011.
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.
F.V.Ramsoondar states: "The quarter ended September 30, 2011 continued to reflect the results of the restructuring and cost management that was initiated earlier in the year. My focus will be to continue to build profitability back into the Company, which will enable my team to deliver on our growth strategies.
(1) EBIITDA = Earnings before interest, impairment, taxes, depreciation and amortization(2) EBIITDAS = Earnings before interest, impairment, taxes, depreciation and amortization and share-base payments.
Pursuant to a press release dated October 24, 2011, the Company is in the process of closing a new receivable financing facility of $4.5 USD million dollars, which does not impose any financial covenants. The Company's current receivable financing facility is capped at $3 million CAD and imposes a financial covenant that is currently in breach. Mr. Ramsoondar has executed a personal guarantee for the new facility and will be issued 8 million common shares of the Company at $0.05 per share as compensation. This $400,000 non-cash cost will be reflected in the Company's Q4-2011 results. The new facility will enable the Company to finance its organic growth plans effectively.
Revenue
Revenue was $8,758,376 for the third quarter 2011 compared to $8,496,968 for the comparative period, an increase of $261,408 or 3.08%. The increase in revenue is primarily related to sales and marketing efforts the Company deployed over the last two financial quarters.
Gross margin
Gross margin was $1,635,321 (18.67%) for the third quarter 2011 compared to $1,463,313 (17.22%) for the comparative period. The increase in gross margin is attributed to controlling overtime costs and managing other operational costs effectively.
Operating costs
Operating costs remain consistent at $7,123,055 for the third quarter 2011 compared to $7,033,655 for the quarter 2010.
Selling and administrative expenses ("S&A")
S&A totalled $1,233,212 for the third quarter 2011 compared to third quarter 2010 at $1,407,511, reflecting a decrease of $174,299 or 12.38%, the direct impact of the management cost-restructuring plan implemented in May 2011.
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.
Thursday, November 17, 2011
Security and Defense Stocks; United Protection Security Group Inc. (TSX-V: UZZ) - Alarm Monitoring Appointment
EDMONTON - November 17, 2011 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V:UZZ) is pleased to announce that the Company has appointed Mr. Ray Wilderman as Vice President of Alarm Monitoring and Intelligent Video Analytics Systems.
F. Ramsoondar states " Mr. Wilderman was an Executive Manager with VOXCOM Security Systems for over 10 years; during his tenure there, VOXCOM grew to be the fourth largest Alarm Monitoring Security Company in Canada and was independently ranked as one of the fastest growing companies in Canada, servicing over 100,000 customers. He has been involved with numerous entrepreneurial businesses, from start-ups to public offerings, and has extensive experience in recurring revenue business models and was the architect of very successful Alarm Monitoring Dealer and Acquisition Programs."
F. Ramsoondar further states "Mr. Wilderman also has an extensive background in working with the major oil and gas, telecommunications, utilities and transportation companies locally and abroad. I look forward to the growth of our Alarm Monitoring recurring revenue line with his appointment."
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
United Protection Security Group Inc. (TSX - V: UZZ)
5909 - 83rd Street, Edmonton, Alberta T6E 3Y4
Telephone (780) 465-8101
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.
F. Ramsoondar states " Mr. Wilderman was an Executive Manager with VOXCOM Security Systems for over 10 years; during his tenure there, VOXCOM grew to be the fourth largest Alarm Monitoring Security Company in Canada and was independently ranked as one of the fastest growing companies in Canada, servicing over 100,000 customers. He has been involved with numerous entrepreneurial businesses, from start-ups to public offerings, and has extensive experience in recurring revenue business models and was the architect of very successful Alarm Monitoring Dealer and Acquisition Programs."
F. Ramsoondar further states "Mr. Wilderman also has an extensive background in working with the major oil and gas, telecommunications, utilities and transportation companies locally and abroad. I look forward to the growth of our Alarm Monitoring recurring revenue line with his appointment."
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
United Protection Security Group Inc. (TSX - V: UZZ)
5909 - 83rd Street, Edmonton, Alberta T6E 3Y4
Telephone (780) 465-8101
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.
Wednesday, November 9, 2011
Investorideas.com - Security Stocks; UPSG (TSX-V: UZZ) secures Ontario Agency License
Investorideas.com - Security Stocks; UPSG (TSX-V: UZZ) secures Ontario Agency License
Security Stocks; UPSG (TSX-V: UZZ) Secures Ontario Agency License
Edmonton, Alberta CANADA - November 9, 2011 (InvestorIdeas.com Newswire) - United Protection Security Group Inc. (TSX-V:UZZ) ("UPSG" or the "Company"), is pleased to announce that the Company has been granted an Agency Licence to provide Security Guard and Investigator Service in the Province of Ontario.
The Company has designated two initial branch locations in Toronto and Ottawa. Mr. Donald Robertson, with over 30 years experience in the physical security industry, has been appointed to the region and will be responsible for the growth of the Ottawa branch operation. Mr. Don Dassanayake, the current business development representative of the Company in Ontario will be responsible for the growth of the Toronto branch operation.
Mr. Ramsoondar states "with the licence to operate in Ontario and experienced management with successful track records in the industry, particularly in Ontario, we are now in a position to continue our expansion strategy across Canada."
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
United Protection Security Group Inc. (TSX - V: UZZ)
5909 - 83rd Street, Edmonton, Alberta T6E 3Y4
Telephone (780) 465-8101
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.
Visit this company: www.unitedprotection.com
Visit the UZZ showcase profile at Investorideas.com: http://www.investorideas.com/CO/UZZ/
Request News and Info on UZZ: http://www.investorideas.com/Resources/Newsletter.asp
More Info:
Published at www.Investorideas.com - Global research by sectors
If you have any questions regarding information in this press release please contact the company listed in the press release.
Connect with Investorideas.com: http://www.twitter.com/Investorideas
Publish Your News - Send a release: http://www.investorideas.com/News-Upload/
Disclaimer: The following news is paid for and /or published as information only for our readers Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.aspInvestorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Security Stocks; UPSG (TSX-V: UZZ) Secures Ontario Agency License
Edmonton, Alberta CANADA - November 9, 2011 (InvestorIdeas.com Newswire) - United Protection Security Group Inc. (TSX-V:UZZ) ("UPSG" or the "Company"), is pleased to announce that the Company has been granted an Agency Licence to provide Security Guard and Investigator Service in the Province of Ontario.
The Company has designated two initial branch locations in Toronto and Ottawa. Mr. Donald Robertson, with over 30 years experience in the physical security industry, has been appointed to the region and will be responsible for the growth of the Ottawa branch operation. Mr. Don Dassanayake, the current business development representative of the Company in Ontario will be responsible for the growth of the Toronto branch operation.
Mr. Ramsoondar states "with the licence to operate in Ontario and experienced management with successful track records in the industry, particularly in Ontario, we are now in a position to continue our expansion strategy across Canada."
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
United Protection Security Group Inc. (TSX - V: UZZ)
5909 - 83rd Street, Edmonton, Alberta T6E 3Y4
Telephone (780) 465-8101
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.
Visit this company: www.unitedprotection.com
Visit the UZZ showcase profile at Investorideas.com: http://www.investorideas.com/CO/UZZ/
Request News and Info on UZZ: http://www.investorideas.com/Resources/Newsletter.asp
More Info:
Published at www.Investorideas.com - Global research by sectors
If you have any questions regarding information in this press release please contact the company listed in the press release.
Connect with Investorideas.com: http://www.twitter.com/Investorideas
Publish Your News - Send a release: http://www.investorideas.com/News-Upload/
Disclaimer: The following news is paid for and /or published as information only for our readers Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.aspInvestorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Thursday, November 3, 2011
Defense Stock News Alert; Aethlon Medical, Inc. (OTCBB: AEMD) $6.8 Million DARPA Award
Point Roberts
, WA - November 3, 2011 - Investorideas.com, an investor research portal covering multiple stock sectors including defense and security stocks, reports on Aethlon Medical, Inc. (OTCBB: AEMD) $6.8 Million Defense Advanced Research Projects Agency (DARPA) contract to develop a therapeutic device to reduce the incidence of sepsis, a fatal bloodstream infection that is often the cause of death in combat-injured soldiers.
Aethlon Medical, Inc. (OTCBB: AEMD), the pioneer in developing therapeutic filtration devices to address infectious disease and cancer, announced in October that it has been awarded a $6.8 million contract from the Defense Advanced Research Projects Agency (DARPA) to develop a therapeutic device to reduce the incidence of sepsis, a fatal bloodstream infection that is often the cause of death in combat-injured soldiers. The contract program will utilize the Aethlon ADAPT™ system as a core technology component underlying an extracorporeal blood purification device that selectively clears multiple sepsis-enabling particles from circulation to promote recovery and prevent sepsis. The resulting device, which is being advanced under DARPA's Dialysis Like Therapeutics (DLT) program, is expected to dramatically decrease the morbidity and mortality of sepsis, thereby saving thousands of lives and billions of dollars in the UnitedStates each year. Under the DLT program, Aethlon will also introduce a novel blood pump strategy to reduce or eliminate the systemic administration of anticoagulants normally required during extracorporeal device therapies. Worldwide, more than 18 million cases of sepsis are reported every year, with more than six million resulting in death.
The stock ran to $0.12 following the news in October and is currently trading at $0.08- $0.09.
Company Snapshot:
Aethlon Medical, Inc. (OTCBB: AEMD)
The Aethlon Medical mission is to create innovative medical devices that address unmet medical needs in cancer, infectious disease, and other life-threatening conditions. Our Aethlon ADAPT™ System is a revenue-stage technology platform that provides the basis for a new class of therapeutics that target the selective removal of disease enabling particles from the entire circulatory system. The Aethlon ADAPT™ product pipeline includes the Aethlon Hemopurifier® to address infectious disease and cancer; HER2osome™ to target HER2+ breast cancer, and a medical device being developed under a contract with the Defense Advanced Research Projects Agency (DARPA) that would reduce the incidence of sepsis in combat-injured soldiers and civilians. For more information, please visit www.aethlonmedical.com.
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energystocks , biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Defense and security portals:
www.HomelandDefenseStocks.com and www.nationalhomelandsecurityknowledgebase.com
Request news and trading alerts on AEMD and other defense stocks
http://www.investorideas.com/Resources/Newsletter.asp
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer:
T his news is paid for as part of the showcase advertising program for Visualant, Inc. (OTCBB: AEMD) a featured showcase company on Investorideas.com, 1500 per month and $five thousand per month in restricted 144 shares. Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All information on showcase companies is taken from public documents, news, filings and the company website and management. This site is currently compensated by featured companies, news submissions and online advertising. Investors are reminded all investment involves risk including possible loss of principal.
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
Contact Investorideas.com
dvanzant@investorideas.com 800 665 0411
Aethlon Medical, Inc. (OTCBB: AEMD), the pioneer in developing therapeutic filtration devices to address infectious disease and cancer, announced in October that it has been awarded a $6.8 million contract from the Defense Advanced Research Projects Agency (DARPA) to develop a therapeutic device to reduce the incidence of sepsis, a fatal bloodstream infection that is often the cause of death in combat-injured soldiers. The contract program will utilize the Aethlon ADAPT™ system as a core technology component underlying an extracorporeal blood purification device that selectively clears multiple sepsis-enabling particles from circulation to promote recovery and prevent sepsis. The resulting device, which is being advanced under DARPA's Dialysis Like Therapeutics (DLT) program, is expected to dramatically decrease the morbidity and mortality of sepsis, thereby saving thousands of lives and billions of dollars in the United
The stock ran to $0.12 following the news in October and is currently trading at $0.08- $0.09.
Company Snapshot:
Aethlon Medical, Inc. (OTCBB: AEMD)
The Aethlon Medical mission is to create innovative medical devices that address unmet medical needs in cancer, infectious disease, and other life-threatening conditions. Our Aethlon ADAPT™ System is a revenue-stage technology platform that provides the basis for a new class of therapeutics that target the selective removal of disease enabling particles from the entire circulatory system. The Aethlon ADAPT™ product pipeline includes the Aethlon Hemopurifier® to address infectious disease and cancer; HER2osome™ to target HER2+ breast cancer, and a medical device being developed under a contract with the Defense Advanced Research Projects Agency (DARPA) that would reduce the incidence of sepsis in combat-injured soldiers and civilians. For more information, please visit www.aethlonmedical.com.
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy
Defense and security portals:
www.HomelandDefenseStocks.com and www.nationalhomelandsecurityknowledgebase.com
Request news and trading alerts on AEMD and other defense stocks
http://www.investorideas.com/Resources/Newsletter.asp
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer:
T his news is paid for as part of the showcase advertising program for Visualant, Inc. (OTCBB: AEMD) a featured showcase company on Investorideas.com, 1500 per month and $five thousand per month in restricted 144 shares. Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All information on showcase companies is taken from public documents, news, filings and the company website and management. This site is currently compensated by featured companies, news submissions and online advertising. Investors are reminded all investment involves risk including possible loss of principal.
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
Contact Investorideas.com
dvanzant@investorideas.com 800 665 0411
Subscribe to:
Posts (Atom)