Thursday, May 26, 2005

Biotech Stock News - Depomed

. . . Lower side effects - Drug maker Depomed (NasdaqNM:DEPO) received Food and Drug Administration approval for its antibiotic Proquin XR to treat uncomplicated urinary tract infections. While similar to Bayer AG's Cipro, Depomed's Proquin lists nausea and diarrhea as uncommon side effects rather than common side effects. The difference may be that Proquin's dosage is released over 6 hours instead of about 2 hours with Cipro, decreasing the side effects. The company believes that lower incidence of side effects will increase adherence to the treatment.
From: InvestingIN Biotech

Security Stock News - Techsphere...Engineered Support Systems...Advanced ID...Critical Path

. . . Flight of the UAV - Techsphere Systems International has granted Cyber Defense(OTCBB:CYDF) the exclusive right to merge a subsidiary of Cyber Defense into Techsphere Systems. Techsphere Systems will become a wholly owned subsidiary of Cyber Defense. The merger brings together Cyber Defense's UAV (Unmanned Aerial Vehicle) expertise and Techsphere's airship manufacturing experience. . . . Earlier, Cyber Defense announced that its CyberScout UAV performed its first transition flight from hover flight to forward flight. The CyberScout is the first in a series of planned UAV's being developed to hover and/or fly horizontally for up to 60 minutes at speeds of 300 MPH plus. Cyber Defense Systems is an operating subsidiary of Proxity, Inc. (Pink Sheets:PRXT).

. . . Dust Buster - Engineered Support Systems (Nasdaq: EASI) received a contract from the U.S. Army to reset an estimated 4,000 generator sets returned to the U.S. with American forces from deployment in Southwest Asia, including Iraq and Afghanistan.The contract has a ceiling of $151 million over the 48-month performance period. The military generator sets have been exposed in the area of military operations to large amounts of fine desert dust and sand, and long periods of extreme heat. The dust and sand contaminants eventually compromise the generator engine and most electro-mechanical parts. Engineered Support Systems provides advanced sustainment solutions for all branches of America's armed forces and certain foreign militaries, homeland security forces and selected government and intelligence agencies.

. . . Animal Tracer - Finding diseased animals quickly is imperative to head off the spread of disease, as well as stopping enormous negative economic ramifications for an industry and a country. The New York Department of Agriculture is testing Advanced ID Corporation's (OTCBB:AIDO) RFID technology in an attempt to head off the spread of disease in the state's deer population. The Company provides RFID and traceability solutions for the animal industry. Advanced ID continues to make progress with its initiatives in North America, Asia and Australia.

. . . Jumpy Defense - Mediaset SpA, one of the world's largest broadcasting groups, has deployed Critical Path's (Nasdaq:CPTH) Memova(TM) Anti-Abuse solution to protect the users of its consumer email service—Jumpy—against viruses, spam and other malicious attacks. Memova provides an anti-abuse solution at minimal costs. By stopping the bulk of abuse with traffic management alone, the number of email messages that require more costly content analysis is minimized.

From: InvestingIN Security

Smallcap Stock News - Parlux...iBasis...Sonus

. . . Parisian Upgrade - Parlux Fragrances (Nasdaq: PARL) can't get enough of Paris. The company, which already markets Paris Hilton perfume, cosmetics and watches, has entered into an exclusive worldwide license agreement to develop and market a line of handbags, purses, wallets, and other small leather goods and accessories for the omnipresent Ms. Hilton. On May 24, Wedbush Morgan initiated coverage of Parlux with a Buy rating. . . .

Calling Best-of-Breed - A study of wholesale long distance carriers ranked iBasis (OTCBB: IBAS) as the world's best international carrier for the fourth year in a row. Conducted by ATLANTIC-ACM, an industry research firm, the study evaluated the performance of wholesale carriers based on ratings by their resale customers. iBasis placed ahead of major carriers, including AT&T, MCI, Sprint, Deutsche Telekom, France Telecom, and Teleglobe. The company's recent crossover into profitability has been fueled by explosive growth in consumer VoIP services, as well as other trends in international telecommunications...

. . . 911 for VoIP - Recently, the Federal Communications Commission issued a ruling requiring VoIP service providers to supply Enhanced 911 (E-911) emergency calling capabilities to their customers as a mandatory feature of the service. Sonus Networks (Nasdaq: SONS), a voice infrastructure company, announced that it offers a solution that enables VoIP service providers to offer critical emergency services to their customers. The Sonus platform facilitates the delivery of these services to consumers through a connection to the Public Switched Telephone Network (PSTN).

From: www.SmallcapRecap.com