latest news releases from the newsroom
Power Medical Interventions, Inc.
Power Medical Interventions, Inc. Receives FDA 510(k) Marketing Clearance for iDrive Intelligent Surgical Instruments
LANGHORNE, Pa., Dec. 21, 2007 (PRIME NEWSWIRE) -- Power Medical Interventions(r), Inc. (Nasdaq:PMII), a leader in developing and commercializing Intelligent Surgical Instruments(tm), announced today that the U.S. Food and Drug Administration has cleared its 510(k) application for marketing its patented iDrive surgical devices. The iDrive family of devices is a suite of reusable, self-contained, hand-held devices that can be used to power and control PMI's existing suite of Digital Loading Units(tm), including linear cutter, right-angle linear cutter, and circular staplers. The Company's first generation of technology, the SurgASSIST(r), required the use of an external power console, flexible drive shaft and separate remote control unit. These functions can now be performed by a single hand held iDrive unit. The iDrive has been cleared for a broad range of applications in open and endoscopic surgery. These applications have indications for gastrointestinal, gynecological, general abdominal, thoracic and vascular surgical procedures for resection, transection, creation of anastomoses and for open occlusion of the heart's left atrial appendage.
Donegal Group Inc.
Donegal Group Inc. Declares Quarterly Dividend
MARIETTA, Pa., Dec. 21, 2007 (PRIME NEWSWIRE) -- Donegal Group Inc. (Nasdaq:DGICA) (Nasdaq:DGICB) reported that its Board of Directors yesterday declared a regular quarterly cash dividend payable February 15, 2008 of $.09 per share of Class A common stock and $.0775 per share of Class B common stock to stockholders of record as of the close of business on February 1, 2008.