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:4/17/2015)... Reed Technology and Information Services ... management, preparation, and submission to the U.S. Food and ... new Lot Distribution Report (LDR) service for manufacturers of ... with the FDA’s new rule on electronic submission of ... the volume and timing of particular biologics introduced to ...
(Date:4/17/2015)... Global Stem Cells Group has ... 2015 April 27 - 29, 2015 in Boston. This ... areas of stem cell research including applications, biology, medicine, ... medicine. , The conference will address recent developments ... research in stem cell therapies, regenerative medicine, tissue engineering, ...
(Date:4/16/2015)... 16, 2015 Cambridge Semantics ... driven by Semantic Web technology, and Informa ... and services for the academic and scientific, professional ... joint solution ‘Smart Data Lake for Clinical Trial ... the 2015 Bio-IT ‘Best of Show’ Award. ...
(Date:4/16/2015)... Regis Technologies looks forward to being part ... (AACR) annual meeting. Regis will exhibit at this year's ... 18, in Philadelphia and running through April 22, 2015. ... oldest and largest organization focused on cancer research. It ... with survivors to promote awareness and research funding. ...
Breaking Biology Technology:Reed Tech Announces FDA Lot Distribution Report (LDR) Service for Manufacturers of Biologic Products 2Reed Tech Announces FDA Lot Distribution Report (LDR) Service for Manufacturers of Biologic Products 3Global Stem Cells Group To Join GTCbio Stem Cell and Regenerative Medicine Summit in Boston, April 27-29, 2015 2Global Stem Cells Group To Join GTCbio Stem Cell and Regenerative Medicine Summit in Boston, April 27-29, 2015 3Cambridge Semantics and Informa Named Bio-IT Award Finalist for Smart Data Lake Solution for Clinical Trial and Competitive Intelligence 2Cambridge Semantics and Informa Named Bio-IT Award Finalist for Smart Data Lake Solution for Clinical Trial and Competitive Intelligence 3Regis Technologies Joins American Association for Cancer Research Annual Meeting 2
...  VisionGate, Inc., a company developing a revolutionary non-invasive test ... applications, today reported that it has achieved full automation ... generates high-resolution 3D biosignatures from intact cells.  Development of ... by a $2.6 million grant from the National ...
... human body is moved by its strongest muscles: When we ... are working on the surface of our teeth. "What the ... inlays or bridges", glass chemist Prof. Dr. Dr. Christian Rssel ... these are worn as much as healthy teeth. Ceramic materials ...
... Jan. 5, 2012 Billy Butler, designated hitter for the Kansas ... The award is given each year to a Major League Baseball ... great Fred Hutchinson, both on and off the field. ... keynote address at the Hutch Award Luncheon and presentation on Feb. ...
Cached Biology Technology:VisionGate Uses $2.6 Million NIH Grant to Achieve Full Automation of Cell-CT™ 3D Imaging System for Early Diagnosis of Cancer 2VisionGate Uses $2.6 Million NIH Grant to Achieve Full Automation of Cell-CT™ 3D Imaging System for Early Diagnosis of Cancer 3VisionGate Uses $2.6 Million NIH Grant to Achieve Full Automation of Cell-CT™ 3D Imaging System for Early Diagnosis of Cancer 4Nanocrystals make dentures shine 2Royals Batter Billy Butler Named Hutch Award Winner 2
(Date:4/13/2015)... -- higi, a leading cloud-based consumer engagement platform that provides ... their communities around health and wellness, announced today the ... ... convenient vehicle to receive validated health information from consumers. ... API will allow higi,s trusted partners, on a user ...
(Date:4/6/2015)... 6, 2015 NXT-ID, Inc. (NASDAQ: NXTD ... company focused on the growing mobile commerce market, ... 62/143028 for MINIATURE, MULTI-PURPOSE ANTENNA METHOD AND ... NXT-ID introduces a new revolutionary method and ... the use of miniature antenna modules for multiple ...
(Date:4/2/2015)... , April 2, 2015 ... touch fingerprint sensor FPC1025 from the distributor World Peace ... commence during Q2 2015 although the major part of ... sensors will be used by smartphone manufacturers in ... MSEK is included in the communicated revenue guidance of ...
Breaking Biology News(10 mins):higi Launches Seamless Access to HIPAA-Compliant Health Outcomes and Activity Data 2higi Launches Seamless Access to HIPAA-Compliant Health Outcomes and Activity Data 3NXT-ID Patents Miniature, Low Power Wireless Magnetic Stripe 2NXT-ID Patents Miniature, Low Power Wireless Magnetic Stripe 3NXT-ID Patents Miniature, Low Power Wireless Magnetic Stripe 4Fingerprint Cards Receives Touch Fingerprint Sensor Order of SEK 110 Million 2
... WAVCIS Program and also of the Coastal Studies Institute in ... published estimates that more than 75 percent of the oil ... participated in a three-hour flyover of the affected area in ... visible from overhead. "It,s most definitely there," said Stone. ...
... Congress to take legislative action that will allow federal ... in light of U.S. District Judge Royce Lamberth,s refusal ... research using embryonic stem cells. Research!America strongly ... introduced in March 2010 by Representatives Diana DeGette (D-CO) ...
... The potential for outbreaks of spruce and mountain ... to increase significantly in the coming decades, according to ... their colleagues. Their findings, published in the September issue ... comprehensive synthesis of the effects of climate change on ...
Cached Biology News:LSU's WAVCIS director says oil remains below surface, will come ashore in pulses 2Research!America asks Congress to support embryonic stem cell research now 2Risk of beetle outbreaks rise, along with temperature, in the warming West 2
... high-density functional protein microarray is the first ... proteinprotein interactions on a proteome scale. The ... reading frames (ORFs) expressed as 5'-GST fusions, ... 1 inch x 3 inch nitrocellulose-coated slide. ...
... LV Series offers high performance miniature stepper ... 23, and 34 frame sizes. These space-efficient ... life science applications, including medical instrumentation, medical ... automation systems., Meets a wide range ...
... mechanical harvesting of cells • Blade design ... with the growth surface • Designed for ... Individually wrapped • Sterilized by gamma radiation ... is a new product number, created to ...
... single use spatulas have been designed to ... are for those interested in eliminating the ... Each spatula is individually packaged, RNase/DNase free, ... is a new product number, created to ...
Biology Products: