Navigation Links
BioElectronics Corporation - Substantial International Expansion Producing Sustained Revenue Growth-Company Reaches Monthly Break Even
Date:5/22/2008

BioElectronics President, CEO, and Chairman recaps recent investor

conference call

FREDERICK, Md., May 22 /PRNewswire-FirstCall/ -- Andrew Whelan, President and CEO of BioElectronics Corporation (Pink Sheets: BIEL), the developer of ActiPatch, an FDA-cleared, drug-free anti-inflammatory patch with an embedded battery operated microchip that delivers pulsed electromagnetic therapy, today issued the following summary of its recent investor conference call, which was held in order to update investors on the substantial revenue ramp being realized by the company. This revenue growth, which is being generated by an expanding international distribution base and increased acceptance of ActiPatch within the US plastic surgery market, has resulted recent profitability on a monthly basis and is expected to continue throughout 2008 and into 2009.

The following is a summary of Andrew Whelan's comments during the conference call:

At BioElectronics we have recently completed a series of significant changes that are beginning to produce meaningful growth at the company. Over the past few quarters we have substantially changed the management team, introduced a significant number of new products, meaningfully altered our manufacturing methodology and almost completely overhauled our distribution strategy.

Sales Management Additions -- In the last half of 2007 and into 2008 we continued to fine tune our management team. The most significant additions were senior sales personnel to target both North America and Western Europe. We are very happy to have these two new senior sales executives onboard and we are already starting to see strong results from their efforts. We now have the right sales team in place to move us forward in 2008.

Manufacturing -- During 2007 we moved the bulk of our manufacturing to China, which has significantly reduced our costs. Due to this manufacturing change we are now able to produc
'/>"/>

SOURCE BioElectronics Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8

Related biology technology :

1. BioElectronics Announces Conference Call to Update Investors on Growth Initiatives
2. BioElectronics Corporation Receives Major Orders From Italian Distributor
3. BioElectronics Launches 1 Day Breast Augmentation Recovery Kit
4. BioElectronics Announces Canadian Retail Product Launch
5. BioElectronics Corporation Announces Distribution Agreement With TSS Medical of Italy
6. BioElectronics Corporation Announces Singapore and Malaysia Sales
7. Digirad Corporation Signs Letter of Understanding With Johns Hopkins University School of Medicine
8. Immunosyn Corporation Files 10-Q
9. CorVel Corporation Announces Earnings Release Webcast
10. Lentigen Corporation Receives Four Research Grants From the National Institutes of Health
11. Baxa Corporation Wins Two Colorado BMA 2008 Gold Key Awards
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/10/2014)... 10, 2014 OMICS Group’s 5th International ... 18-20 August, 2014 at Double Tree by Hilton Beijing, ... developments in Analytical & Bioanalytical research methods only to ... on this occasion, Dr. Srinubabu Gedela, MD of OMICS ... is a remarkable one in bringing a unique and ...
(Date:7/10/2014)... 2014  Kainos Capital, a firm specializing in acquiring ... it has acquired the Slim-Fast brand from Unilever. Unilever ... of the transaction were not disclosed. Slim-Fast ... that markets ready-to-drink shakes, powders, bars and snacks to ... and in the United Kingdom ...
(Date:7/10/2014)... in the fight against terrorism with the creation of ... with the use of light and special glass fibres. ... B: Chemical , the researchers describe a novel optical ... low as 6.3 ppm (parts per million). It requires ... "Traditionally explosives detection has involved looking for metals that ...
(Date:7/10/2014)... Wash. The lithium-ion batteries that power our laptops ... longer on a single charge with the help of ... porous material to replace the graphite traditionally used in ... than 10 times the energy storage capacity of graphite. ... battery electrode was published today in Nature Communications ...
Breaking Biology Technology:A Critical Review of Analytical Techniques for Improved Living Standards 2A Critical Review of Analytical Techniques for Improved Living Standards 3A Critical Review of Analytical Techniques for Improved Living Standards 4Kainos Capital Acquires Slim-Fast From Unilever 2Detecting trace amounts of explosives with light 2Silicon sponge improves lithium-ion battery performance 2Silicon sponge improves lithium-ion battery performance 3
... The ... available leg-room, energy efficient impellers, and new service-friendly control panel, the Allergard is an ... ... Animal Transfer Station (ATS) from NuAire is ergonomic, portable, and energy efficient. Lightweight design ...
... ... easier to learn about the oldest buildings on earth and a “fascinatingly weird” ancient culture. ... (PRWEB) June 11, ... on its website to provide a simple introduction to megalithic architects in Frequently Asked Question ...
... ... in clinical research, key issues around open source technology are highlighted at leading industry events. ... Washington, DC (PRWEB) June ... meeting of the Drug Information Association (DIA). The DIA Annual Meeting is the ...
Cached Biology Technology:The Allergard 619: an All-new Animal Transfer Station from NuAire 2New tool for exploring the ancient world. 2Open Source Clinical Trials Software Featured at the 46th DIA Annual Meeting 2Open Source Clinical Trials Software Featured at the 46th DIA Annual Meeting 3
(Date:7/11/2014)... were many fires burning in eastern New South Wales, ... 11. , At 03:35 UTC on July 11 (12:35 ... Aqua passed over eastern New South Wales (NSW), the ... visible image of the region and spotted smoke (light ... MODIS,s thermal bands, are outlined in red. , The ...
(Date:7/11/2014)... Cell scientists have set a "mouse TRAP" to capture ... a recent study published in the Journal of ... a technique called TRAP to extract cellular and genetic ... by scientists at the Rockefeller Institute for Medical Research ... the protein-making machinery, or ribosomes, of the cell type ...
(Date:7/11/2014)... from the Max Planck Institute for Medical Research in ... understanding photosynthesis, the process by which the Earth first ... and which is therefore crucial for all higher forms ... the first direct visualization of a crucial event in ... specific protein complex, photosystem II, splits water into hydrogen ...
Breaking Biology News(10 mins):A first direct glimpse of photosynthesis in action 2
... a pickle People taking care of more ... parents -- engaged in fewer healthy behaviors, found a ... University. As the U.S. population continues to age, more ... the research team to conclude that "encouraging healthy behaviors ...
... Researchers from the John Innes Centre in Norwich, Great ... the FLORA project, have obtained genetically modified tomatoes rich ... class of flavonoids. These tomatoes, added to the diet ... extending the mice lifespan. The research has been published ...
... snapdragon in tomatoes to grow purple tomatoes high ... pigments found at particularly high levels in berries ... investigating ways to increase the levels of health-promoting ... "Most people do not eat 5 portions ...
Cached Biology News:Indiana University research at American Public Health Association meeting 2Indiana University research at American Public Health Association meeting 3Indiana University research at American Public Health Association meeting 4Indiana University research at American Public Health Association meeting 5Purple tomatoes: The richness of antioxidants against tumors 2Purple tomatoes: The richness of antioxidants against tumors 3Fried purple tomatoes 2
...
DNA fragmentation factor & Inhibitor of CAD...
Component in MasterPure™ Purification Kits...
Anti-gp340 Monoclonal Antibody Description: 100 g Research Focus: cancer & cell proliferation Storage: -20C Shipping Temperature: 4C...
Biology Products: