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(ATE, AAP, PROT, ASF) Stock Report From PennyOmega.com

Posted, by pennylynnomega on October 12th, 2010

Proteonomix, Inc., (OTCBB:PROT.OB) has filed a utility patent application for the Preparation and Use of Stromal Cells for Treatment of Cardiac Diseases.

Michael Cohen, President of Proteonomix, stated: "This is another step in the development of our intellectual property and getting StromaCel into the commercial market. The technology covered by the patent application will reduce the cost to the patient of this type of treatment and when trials are completed and regulatory approvals are obtained we believe that the stromal cell technology will have major importance in the treatment of cardiac damage caused by heart attacks."

Without going into proprietary details, Mr. Cohen noted that the application relates to cell line expansion that he believes represents a fundamental improvement in the efficiency of producing stem cells which should have applications far beyond the cardiac therapy to which the present application relates.

Proteonomix is a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives. Proteoderm, Inc. a wholly owned subsidiary of Proteonomix that has recently opened its retail web site, Proteoderm.com, and begun accepting pre-orders for its anti-aging line of skin care products. StromaCel, Inc.'s goal is the development therapeutic modalities for the treatment of Cardiovascular Disease (CVD). StromaCel, Inc. is pursuing the licensing of other technologies for therapeutic use. National Stem Cell, Inc. is Proteonomix's operating subsidiary. The Sperm Bank of New York, Inc. is a fully operational tissue bank. Proteonomix Regenerative Translational Medicine Institute, Inc. ("PRTMI") intends to focus on the translation of promising research in stem cell biology and cellular therapy to clinical applications of regenerative medicine. Proteonomix intends to create and dedicate a subsidiary to each of its technologies.

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Administaff Inc. (NYSE: ASF) a leading provider of human resources services for small and medium-sized businesses, announced on September 29, 2010 the launch of its newly rebranded human resources (HR) software division, PerformSmart, formerly marketed as HRTools. PerformSmart is a division of Administaff, which offers software in both a Software-as-a-Service (SaaS) and desktop model to help businesses improve employee performance.

Administaff, Inc., a professional employer organization, provides various personnel management services in the United States. Its services include benefits and payroll administration, health and workers’ compensation insurance programs, personnel records management, employer liability management, employee recruiting and selection, employee performance management, and employee training and development services to small and medium-sized businesses.

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Advance Auto Parts Inc. (NYSE: AAP) leading automotive aftermarket retailer of parts, batteries, accessories, and maintenance items, announced on October 8, 2010 that its corporate credit rating has been upgraded to investment-grade status by Moody’s to Baa3. In April 2010, Advance Auto Parts was also upgraded to investment grade status (BBB-) by Standard & Poor’s. The Company has now achieved full investment grade status.

Advance Auto Parts, Inc., through its subsidiaries, operates as a retailer of automotive aftermarket parts, accessories, batteries, and maintenance items to do-it-yourself (DIY) and do-it-for-me customers.

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Advantest Corp. (NYSE: ATE) the world’s leading supplier of semiconductor test equipment, and OptimalTest, the leader in Advanced Adaptive Test and enterprise-wide test management and optimization software for the semiconductor industry, announce the availability of OptimalTest’s solutions for totally automated, integrated advanced adaptive test on Advantest’s T2000 High Performance Open Architecture test platform. By enabling T2000 testers and test cells with OptimalTest’s solutions, Advantest will augment the T2000’s industry-recognized high performance and cost benefits for SoC production test with the ability to achieve further significant improvements in yield; early detection of product, process and operational issues; reliability; reduced test time; production quality and Overall Equipment Efficiency (OEE) while keeping test costs low.

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Authored by, pennylynnomega
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