Market Pulse Breaking News Alert for Thursday, January 13, 2005: LFTC - Lifestream's CEO to Testify at FDA Hearing Considering Over-the-Counter Petition for Cholesterol Lowering Drugs!
Market Wire - Thursday, January 13, 2005
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ATLANTA, GA -- (MARKET WIRE) -- 13-01-2005 -- Market Pulse News Alert for this AM, Stocks to Watch are: Lifestream Technologies, Inc. (OTC BB: LFTC), Myriad Genetics Inc. (NASDAQ: MYGN), V.I. Technologies, Inc. (NASDAQ: VITX), and eBay Inc. (NASDAQ: EBAY).
Investors need to be watching Lifestream Technologies, Inc. (OTC BB: LFTC) this AM! Lifestream develops, markets and sells a line of smart card-enabled healthcare diagnostic devices. Lifestream has developed and currently markets a line of cholesterol monitors that provide test results in three minutes for at-home use by health conscious consumers and at-risk medical patients. Lifestream just had excellent news out before today's opening bell regarding their CEO being scheduled to testify at the FDA hearing considering an over-the-counter petition for cholesterol lowering drugs! This could be great news for investors!
Lifestream Technologies, Inc. (OTC BB: LFTC), a leading supplier of cholesterol monitors, is scheduled to testify at the FDA hearing considering an over-the-counter petition for cholesterol lowering drugs. Christopher Maus will address the Nonprescription Drugs Advisory Committee (NDAC) and the Endocrinologic and Metabolic Drugs Advisory Committee (EMDAC) during the public comment period on Friday morning, January 14.
"Lifestream's home cholesterol monitor can have a material impact in the FDA's consideration of this petition," said Maus. "I look forward to this opportunity to address any testing concerns the FDA may have, as the benefit of home testing on an individual's effort to take control by personal health management is acknowledged. With Lifestream's affordable, easy and accurate suite of testing products, it is well positioned to support the public's desire to take control of their cholesterol levels. We support government and industry efforts to give more control of preventive health care decisions to individuals."
"Lifestream's new cholesterol monitor with Health Risk Assessment takes testing one step further by giving an individual the ability to understand combined risk factors and the effects those factors may have on their heart health as defined in the NCEP ATP III guidelines," Maus stated. "Recently cleared by the FDA, Lifestream's cholesterol monitor with HRA supports efforts to expand cholesterol management programs. The NCEP ATP III recommends home testing as an important tool for individuals as part of their professional healthcare program. Regardless of an individual's choice of lifestyle changes or the use of prescriptive or non-prescriptive therapies, monitoring cholesterol is a key factor for meaningful outcomes."
About Lifestream Technologies
The Company developed and currently markets a line of cholesterol monitors to consumers and healthcare professionals that provide test results in three minutes.
In addition to the professional monitor, the Company's product line aids the health conscious consumer in monitoring their risk of heart disease. By regularly testing cholesterol at home, individuals can monitor the benefits of their diet, exercise and/or drug therapy programs. Monitoring these benefits can support the physician and the individual's efforts to improve compliance. Lifestream's products also integrate a smart card reader further supporting compliance by storing test results on an individual's personal health card for future retrieval, trend analysis and assessment.
Lifestream's monitors are affordable, hand-held devices that provide users with accurate results in less than three minutes. The product line has been designed to accommodate The Data Concern™ Personal Health Card® allowing multiple users the ability to store their personal results. Lifestream's products are now available in pharmacy and retail outlets nationwide. To find retailers that carry Lifestream's products, go to "Store Locator" on
www.knowitforlife.com or contact Customer Care at 888-954-LIFE. For Company information, visit
www.lifestreamtech.com.
Stocks acting well as of late include: Myriad Genetics Inc. (NASDAQ: MYGN), V.I. Technologies, Inc. (NASDAQ: VITX), and eBay Inc. (NASDAQ: EBAY).
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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: Lifestream Technologies, Inc. compensation from a third party: three million free trading shares of stock in Lifestream Technologies, Inc., already delivered from a third party. An additional three million restricted shares are pending from Lifestream Technologies, Inc. To date, MP has sold three million shares of stock in Lifestream Technologies, Inc. for proceeds totaling ninety five thousand dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market Pulse News Alert is a division of MP.
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