Navigation Links
Otix Global, Inc. to Discontinue German Operations
Date:9/13/2010

SALT LAKE CITY, Sept. 13 /PRNewswire/ -- Otix Global, Inc. (Otix) (Nasdaq: OTIX), a leading provider of hearing care services and solutions today announced that it has decided to discontinue its operations in Germany as of September 14, 2010.  In explaining this decision, Sam Westover, Chairman and CEO of Otix stated, "the regulatory obstacles in Germany have dramatically impacted the feasibility of stability of our business and, as a result, we have made the decision to discontinue our operations."

ABOUT OTIX GLOBAL:

Otix Global designs, develops, manufactures and markets advanced digital hearing aids designed to provide the highest levels of satisfaction for hearing impaired consumers.

This press release contains "forward-looking statements" as defined under securities laws. Actual results may differ materially and adversely from those described herein depending on a number of factors but not limited to, the following risks: the merger with William Demant Holding A/S (WDH) may not be approved by our shareholders or the applicable governmental agencies; we may fail to receive the requisite number of votes or proxies from our shareholders to obtain a quorum; the merger agreement may be terminated according to its terms prior to the finalization of the merger; the announcement of the pending merger with WDH may have a significant and deleterious effect on our business; deterioration of economic conditions could harm our business; we have a history of losses and negative cash flow; we face aggressive competition in our business, and if we do not compete effectively our net sales and operating results will suffer; our financial results may fluctuate significantly, which may cause our stock price to decline; we have made a number of acquisitions and could make additional acquisitions, which could be difficult to integrate, disrupt our existing business, dilute
'/>"/>

SOURCE Otix Global, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Otix Global, Inc. Announces Reverse Stock Split
2. Otix Global, Inc. Extends Term of Loan and Security Agreement With Silicon Valley Bank
3. Nuvelo Announces Phase 2 SONOMA-3 Trial Did Not Meet Target Product Profile and Discontinues Alfimeprase Development
4. Replidyne Discontinues Phase III Trial
5. ADVENTRX Announces Preliminary Response Rate Data From Discontinued Phase 3 Trial of CoFactor(R)
6. Phase 3 Trial of Aflibercept in Metastatic Pancreatic Cancer Discontinued
7. Endologix Files Motion to Discontinue Court Proceedings Related to Alleged Patent Infringement
8. Genzyme and Bayer Schering Pharma AG, Germany Announce Start of Phase 3 Program with Alemtuzumab for Treatment of Multiple Sclerosis
9. Kiadis Pharma Announces Collaboration With the Julius Maximilians University of Wurzburg, Germany
10. Helix Receives Approval to Open Sites in Germany for its Ongoing Clinical Trial With Topical Interferon Alpha-2b in Patients With Ano-Genital Warts
11. German Innovation for HIV/AIDS Diagnostics has Been Used 2.5 Million Times in 2008
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/22/2014)... , Oct. 22, 2014  Paper Pak ... has developed APLS ® Body Guard Bio, ... the spread of bacteria and virus while protecting ... Body Guard Bio features a rugged, external nylon ... that create a leak-proof inner chamber that contains ...
(Date:10/22/2014)... Oct. 22, 2014  CryoLife, Inc. (NYSE: ... company focused on cardiac and vascular surgery, announced today ... Chief Executive Officer, has been elected to the Company,s ... Steven G. Anderson , Executive Chairman of CryoLife, stated, ... to be an excellent leader who is well positioned ...
(Date:10/22/2014)... 21, 2014   BioNano Genomics , the ... research centers to purchase an Irys™ System . ... Cancer Institute (NCI), NIH Intramural Sequencing Center (NISC) and ... obtaining a comprehensive view of a genome was ... does not deliver the scalability or reliability to ...
Breaking Medicine Technology:New, State-Of-The-Art Body Bag Minimizes The Spread Of Bacteria And Virus 2Pat Mackin Joins CryoLife Board of Directors 2Pat Mackin Joins CryoLife Board of Directors 3BioNano's Irys System Adopted by Leading Genomics Centers for Comprehensive Detection of Human Genome Structural Variation 2BioNano's Irys System Adopted by Leading Genomics Centers for Comprehensive Detection of Human Genome Structural Variation 3
... Cancer treatment experts today reported their experiences with early ... Systems (NYSE: VAR ), aimed at increasing ... Clinicians from the first two European hospitals to start ... University Hospital in Switzerland and VU University Medical Center ...
... Waters Corporation (NYSE: WAT ) today introduced ... approach for the removal of phospholipids from biological samples. ... liquid-liquid extraction (LLE) methods, Ostro removes up to 30 ... as a major cause of matrix effects in the ...
Cached Medicine Technology:Clinical Experts Detail How They Use Varian's TrueBeam™ Technology to Improve the Precision and Speed of Cancer Treatments 2Clinical Experts Detail How They Use Varian's TrueBeam™ Technology to Improve the Precision and Speed of Cancer Treatments 3Waters Introduces Ostro Sample Preparation Products 2
(Date:10/25/2014)... safe and sound is one of the best Halloween treats ... and goody bags have reflective strips that improve visibility to ... Meadowlands Hospital Medical Center in Secaucus, N.J. Trick-or-treaters ... Davis said. He offers these others tips: ... small area of skin first to ensure it doesn,t cause ...
(Date:10/25/2014)... October 25, 2014 Market ... Diagnostics Industry, 2009-2019 is a professional and ... Molecular Diagnostics industry. The report firstly reviews ... its classification, application and manufacturing technology. The ... manufacturers of Molecular Diagnostics listing their product ...
(Date:10/25/2014)... October 25, 2014 Limbkeepers® announced today ... of Innovations with Ed Begley Jr, airing 1st QTR ... , In this episode, Innovations will focus on Limbkeepers® ... protect fragile, thinning skin on arms, hands, and legs ... about these versatile products, which help reduce injuries, allow ...
(Date:10/25/2014)... A large influx of international aid is needed, and ... thousands of deaths from the widening Ebola crisis, a ... a specially designed mathematical model, the researchers looked at ... densely populated county of hard-hit Liberia -- Montserrado County, ... researchers said that if international aid isn,t delivered to ...
(Date:10/22/2014)... 22, 2014 On Saturday, October 25, 2014, ... annual family health and fitness fair ¡Vive tu vida! Get ... and good nutrition for better health and wellness for people ... free and open to the public, will be held at ... 9:00 am to 1:00 pm. , “¡Vive tu Vida! ...
Breaking Medicine News(10 mins):Health News:Tips for Safe Trick-or-Treating 2Health News:Global and China Molecular Diagnostics Industry Analysis to 2019 is Now Available at RnRMarketResearch.com 2Health News:Global and China Molecular Diagnostics Industry Analysis to 2019 is Now Available at RnRMarketResearch.com 3Health News:Global and China Molecular Diagnostics Industry Analysis to 2019 is Now Available at RnRMarketResearch.com 4Health News:Upcoming Episode of Innovations with Ed Begley, Jr. to Feature Limbkeepers® 2Health News:Experts Predict 'Catastrophic' Ebola Epidemic in West Africa if Aid Delayed 2Health News:Brownsville Community Health Center Presents Fourth Annual ¡Vive Tu Vida! Get Up! Get Moving!® Event 2Health News:Brownsville Community Health Center Presents Fourth Annual ¡Vive Tu Vida! Get Up! Get Moving!® Event 3Health News:Brownsville Community Health Center Presents Fourth Annual ¡Vive Tu Vida! Get Up! Get Moving!® Event 4
... - Scientists from the Hebrew University have identified the molecular ... findings of this research have just been published in the ... the entire genetic information required for building the proteins of ... to changes in the cell function. These changes can lead ...
... of the brain,s master circadian clock known as the ... of rhythmic neural activity begins to decline by middle age. ... may have implications for the large number of older people ... "Aging has a profound effect on circadian timing," ...
... , TUESDAY, July 19 (HealthDay News) -- Following up ... for a long time have more gray matter in their ... shrink less as they age and they have stronger connections ... may better relay electrical signals, researchers said. "Our results ...
... triggering another, but explanations for that phenomenon have proved ... first neurobiological evidence that memories formed in the same ... episodic memory. The research was conducted by professor ... School of Arts and Sciences and graduate student Jeremy ...
... By Serena Gordon HealthDay Reporter , MONDAY, July 18 ... ride in a car driven by grandparents because they believe the ... But, new research suggests that children are actually safer in auto ... parent. As a matter of fact, the odds of ...
... , MONDAY, July 18 (HealthDay News) -- Melanoma, the ... by patients themselves, but new research reveals that self-detection ... In the study, conducted by researchers at Memorial ... found that in addition to higher rates of physician-detected ...
Cached Medicine News:Health News:Hebrew U. scientists identify molecular basis for DNA breakage 2Health News:Study shows new evidence of age-related decline in the brain's master circadian clock 2Health News:Study shows new evidence of age-related decline in the brain's master circadian clock 3Health News:Study shows new evidence of age-related decline in the brain's master circadian clock 4Health News:Study shows new evidence of age-related decline in the brain's master circadian clock 5Health News:Does Meditation Boost Brain Health? 2Health News:Penn researchers find neural signature of 'mental time travel' 2Health News:Kids Fare Better in Crashes When Grandparents Driving: Study 2Health News:Kids Fare Better in Crashes When Grandparents Driving: Study 3Health News:Specialists More Likely to Spot Deadly Skin Cancer 2
... Viewmax® allows visualization of the vocal cords in ... Anesthesiologist to function like a standard laryngoscope, Viewmax® ... advantage lies in its ability to allow intubation ... I or IV airway. It has a patented ...
... Snap-Light™ laryngoscope blades are designed with the ... optic bundle can be removed to simplify ... reach areas. Our unique snap-on mechanism eliminates ... focused blades are interchangeable with other green ...
... laryngoscope blades are designed with the clinician ... bundle can be removed to simplify cleaning ... areas. Our unique snap-on mechanism eliminates screws ... blades are interchangeable with other green coded ...
... a high quality fiberoptic system designed to ... to fiberoptic laryngoscopes. The green color coding ... ability to interconnect with other green coded ... cool, bright and focused light. The Greenspec ...
Medicine Products: