latest news releases from the newsroom
Power Medical Interventions, Inc.
Power Medical Interventions, Inc. Announces World's First Transvaginal Partial Gastrectomy Performed By Drs. Nakajima and Nishida At Osaka University Using iNOLC Flexible Staplers
LANGHORNE, Pa., Aug. 26, 2008 (GLOBE NEWSWIRE) -- Power Medical Interventions(r), Inc. (Nasdaq:PMII), a leader in developing and commercializing Intelligent Surgical Instruments(tm), announced that Drs. Nakajima and Nishida successfully performed what is believed to be the first transvaginal NOTES(tm) (Natural Orifice Translumenal Endoscopic Surgery) partial gastrectomy at Osaka University Hospital in Osaka, Japan on August 13, 2008. The surgery was approved in June by the University's Ethics Committee after its protocol evaluation by the Japan NOTES committee. Power Medical's iNOLC (Intelligent Natural Orifice Linear Cutter) enabled the procedure. The iNOLC has not been cleared for clinical use by the United States Food and Drug Administration or by Japanese regulatory authorities, but was used in this procedure pursuant to a one-time compassionate use waiver under the surgeon's license and the University's relevant committee approval.
Emergent Health Corp.
Emergent Health Corp. (EMGE) Announces Tender Offer
KING OF PRUSSIA, Pa., Aug. 26, 2008 (GLOBE NEWSWIRE) -- Emergent Health Corp. (Pink Sheets:EMGE) announces it has completed a corporate restructure and received a new symbol. Emergent believes its restructure, that included a 1 for 50 reverse split, will enhance its viability in the investment community over the long run, as well as increase shareholder value. A tender offer of $2.00 per share is being made to all shareholders who hold fewer than 10 shares after the reverse split. Such shares should be sent to the address at the end of this press release for redemption and payment.
LTX Announces Fourth Quarter and Fiscal Year Results
NORWOOD, Mass., Aug. 26, 2008 (GLOBE NEWSWIRE) -- LTX Corporation (Nasdaq:LTXX), a leading provider of semiconductor test solutions, today announced financial results for its fourth quarter and fiscal year ended July 31, 2008.