Power3 Medical Products, Inc. (PWRM.OB) is a leading bio-technology company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases such as Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis.
PWRM has recently signed a definitive agreement to acquire all of the stock of Rozetta-Cell Life Sciences, Inc., a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy.
PWRM plans to effectuate the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into PWRM, with PWRM remaining as the surviving company in the merger.
The acquisition of Rozetta-Cell is expected to be completed in October or November 2010.
In addition, PWRM has filed several patent applications for its NuroPro technology that are currently pending.
To date, PWRM has given 9 presentations on NuroPro at international scientific meetings in the United States, Europe and China, and has published 6 articles in peer-reviewed scientific journals on the subject. Power3 intends to publish these latest findings as well.
For more information about this company please visit http://www.power3medical.com
LSI Corporation (NYSE:LSI) reported the inaugural Accelerating Innovation Conference and Technology Showcase, to be held October 5-7, 2010, at the Crowne Plaza Hotel in Milpitas, Calif. At this three-day event, LSI and other industry leaders will share their expert insights into the issues, trends and solutions that will drive the storage and networking industries in the coming years. The accompanying Technology Showcase will highlight innovative solutions from LSI and selected partners.
The conference’s keynote speakers include Dr. Aart de Geus, Chairman and CEO of Synopsys, who will present “Accelerating Silicon Innovation” at 9:30 a.m. on Wednesday, October 6, and Ibrahim Gedeon, CTO of TELUS Communications, who will present “Is the Next-Generation Infrastructure Ready for Generation Z?” at 9:00 a.m. on Thursday, October 7. Conference sessions will focus on storage, networking and custom silicon topics, with each occurring on its own day.
LSI Corporation designs, develops, and markets storage and networking semiconductors and storage systems.
Marvell Technology Group Ltd. NASDAQ:MRVL) recently reported that it’s launching a competition to recognize and fund the most clever new education apps for classroom tablets. The challenge invites ambitious, intelligent software developers around the world to create apps that transform the way students learn. Three winners will share prize money totaling $100,000, along with access to Marvell’s considerable engineering resources for support and testing.
The campaign and the $100K Challenge were inspired by Marvell’s new Moby tablet reference design. The classroom-friendly Moby tablet reference design is a high-performance, low-power device based on Marvell’s ARMADA™ application processor and Google’s Android™ operating system.
Marvell is a world leader in the development of storage, communications and consumer silicon solutions. Marvell’s diverse product portfolio includes switching, transceiver, communications controller, wireless and storage solutions that power the entire communications infrastructure, including enterprise, metro, home and storage networking.
Hertz Global Holdings, Inc. (NYSE:HTZ) recently reported it will walk away from Dollar Thrifty Automotive Group Inc. if the rental car company’s shareholders reject Hertz’s takeover bid when they vote.
Hertz CEO Mark Frissora said that he has been answering questions from Dollar Thrifty shareholders and has told them the company will end its takeover efforts if they vote down the proposal.
Dollar Thrifty’s board said earlier this week that it still favors Hertz’s bid over a higher per-share offer from Avis Budget Group.
Hertz Global Holdings, Inc., through its subsidiaries, engages in the car and equipment rental businesses worldwide.
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