latest news releases from the newsroom
WayPoint Biomedical, Inc.
WayPoint Biomedical, Inc. Completes Reverse Merger with MiSecurity Plus, Inc.
HUNTINGTON BEACH, Calif., June 29, 2005 (PRIMEZONE) -- WayPoint Biomedical, Inc. (Pink Sheets:WYPB), a biomedical development company that develops and markets innovative diagnostic tests and devices for screening and monitoring human health, fitness and environment, announced today that it has completed its reverse merger with MiSecurity Plus, Inc. (MSCP). The merger with MiSecurity Plus provides WayPoint Biomedical with a secure publicly traded vehicle to assist in raising the working capital to finance the introduction of their robust product pipeline of diagnostic test kits and devices into the Over the Counter, Point of Care, and Homeland Security market sectors.
CDMA Development Group
Asia is on Accelerated Path to 3G
BEIJING, June 29, 2005 (PRIMEZONE) -- At a press briefing in Beijing yesterday, the CDMA Development Group (CDG) (www.cdg.org) reported that the success of CDMA2000(r) operators in Asia is a proof point for the opportunities that 3G offers to consumers and operators in China. Asia is the largest and most advanced wireless market in the world with nearly 50% of all 3G subscribers, and CDMA2000 accounts for more than 80% of them. CDMA2000 operators drive innovation in the region; they have been the first to deploy advanced wireless technologies, and they have set trends in handset and services development. Powered by their network capabilities, CDMA2000 operators redefine business models for the industry by expanding opportunities and bringing new players to market. As a result, they have seen their bases expand and revenues grow.