Turning Pennies into dollars: (OTC BB:SYBD) , (Nasdaq: SPSN), (OTC BB:NMKT) , (Nasdaq: CPII)
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Synthetic Blood International, Inc (OTC BB:SYBD) Current Price (0.73) COSTA MESA, Calif.--Mar 18, 2008--Synthetic Blood International, Inc. (OTCBB:SYBD - News) lead product Oxycyte is the subject of an article in today's Miami Herald. The article appears in the paper's health section under the headline: "Artificial blood goes from science fiction to science fact." Oxycyte is the company's perfluorocarbon (PFC) therapeutic oxygen carrier and blood substitute. Synthetic Blood International is dedicated to commercializing innovative pharmaceuticals and medical devices in the field of oxygen therapeutics and continuous substrate monitoring. The Company has under development a blood substitute, a liquid ventilation product and an implantable glucose sensor. These products are based upon core technologies that include biomedical applications for perfluorocarbons, and medical and industrial applications for biosensors. Each of the product candidates is designed with advantages over currently marketed products in major markets including acute respiratory distress syndrome, stroke, myocardial infarction, surgery, trauma, malignant tumors and diabetes. For further information, please visit www.sybd.com.
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Spansion Inc.
(Nasdaq: SPSN) Current Price: (2.40) SUNNYVALE, Calif., March 19, 2008-- Spansion Inc. (Nasdaq: SPSN - News), the world's largest pure-play provider of Flash memory solutions, today announced that its focus on manufacturing excellence is expected to reduce its reliance on foundry and subcontractors by approximately $50 million per quarter in the first half of fiscal 2008 compared to the second half of fiscal 2007. Spansion (Nasdaq: SPSN - News) is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in wireless, automotive, networking and consumer electronics applications. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to designing, developing, manufacturing, marketing and selling Flash memory solutions.
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NewMarket Technology, Inc.
(OTC BB:NMKT) Current Price (0.13) DALLAS, TX--Mar 18, 2008 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) announced today that the company fully anticipates filing their annual report for 2007 on Form 10k in a timely manner. NewMarket Technology was recently announced as the fastest-growing technology company in the Dallas-Fort Worth (DFW) area for the second year in a row on the Metroplex Technology Business Council's (MTBC) Tech Titan Fast 50, compiled by Deloitte. NewMarket is the only company to be ranked number one more than once on the Tech Titan Fast 50. This is the fourth year in a row the company has been named to the Tech Titan's list. The Tech Titan Fast 50 recognizes the 50 fastest-growing technology companies in the DFW area, based on percentage revenue growth over five years (2002 to 2006) as well as percentage revenue growth over one year (2005 to 2006). The Tech Titans Award Ceremony was held Saturday, September 29th. For more information on the Tech Titan awards, please visit http://www.metroplextbc.org/techtitans/index.html.
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CPI International, Inc.
(Nasdaq: CPII) Current Price (9.82) PALO ALTO, Calif., March 18 -- CPI International, Inc. (Nasdaq: CPII - News) has completed the previously announced redemption of $6 million in principal amount of its Floating Rate Senior Notes due 2015 (Notes). Including the call premium, the redemption price paid to note holders was 102 percent of the principal amount of the Notes. Including the call price and accrued and unpaid interest, the total cash paid was $6,188,520. CPI International, Inc., headquartered in Palo Alto, California, is the parent company of Communications & Power Industries, Inc., a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications. Communications & Power Industries, Inc. develops, manufactures and distributes products used to generate, amplify and transmit high-power/high-frequency microwave and radio frequency signals and/or provide power and control for various applications. End-use applications of these systems include the transmission of radar signals for navigation and location; transmission of deception signals for electronic countermeasures; transmission and amplification of voice, data and video signals for broadcasting, Internet and other types of commercial and military communications; providing power and control for medical diagnostic imaging; and generating microwave energy for radiation therapy in the treatment of cancer and for various industrial and scientific applications.
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