Ergoresearch Ltd (TSXV:ERG) is the Subject of StockPotentials Report by eResearch Corp - Video Summary of Report Posted on InvestmentPitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, May 29, 2013 - Ergoresearch Ltd. (TSXV:ERG) was
recently the subject of a StockPotentials report by Toronto-based eResearch
Corporation. StockPotentials reports cover smaller companies that eResearch
believes would be primarily of interest to retail investors.
InvestmentPitch.com has produced a "video news alert" about Ergoresearch based
on this report. If this link is not enabled, please visit
www.InvestmentPitch.com and enter "Ergoresearch" in the search box
Based in Quebec, the company has built the province's leading network of
orthotics clinics with over 100 corporate and satellite centres, which operate
under a number of names.
The company is also the leading manufacturer of "intelligent" foot orthotics and
specialty orthotics, and creates durable medical equipment and software for the
orthopedics market.
Through a subsidiary, Ergoresearch has recently acquired Victhom Human Bionics
Inc., a developer of innovative bionic devices, including the Power Knee, the
only motorized prosthetic artificial intelligence for above-knee amputees.
Dr. Sylvain Boucher, President and CEO of Ergoresearch stated, "This acquisition
enriches Ergoresearch's offering by reinforcing our position as a leader in the
field of manufacture of "intelligent" foot orthotics and specialty orthotics.
The complementary nature of our technology and our expertise will allow us to
offer an even wider range of solutions to our customers and to better position
Ergoresearch in terms of future national and international development."
In addition to its orthotics clinics, the company has developed, and markets a
number of new orthotics products, including ExpertFit, the first robotized
custom-fit orthotics manufacturing software program. The system enables the mass
production of custom-fit 3D orthotics by using numerically-controlled machine
tools, and computer-assisted manufacturing and design software. This results in
a much faster and more accurate fabrication process compared with the
traditional plaster-cast and foam-box process used in the industry.
At its Laval, Quebec, facility, the company has established its Living Lab, a
facility aimed at the prevention and treatment of knee osteoarthritis.
The company recently reported its 24th consecutive quarterly profit, and expects
to double its revenues over the next 12 months. It recently closed at $6.36
million private placement, further strengthening its financial position.
The company is trading at $0.62, and with approximately 70.1 million shares
outstanding, the company is capitalized at $43.5 million.
For more information about Ergoresearch please visit their website at
www.ergoresearch.com or call Sylvain Boucher, President and CEO at 450-973-6700
ext 213 or email sboucher(at)ergoresearch.com.
For a copy of the report, contact eResearch at www.eresearch.ca. While on their
site, sign up for their free reports. eResearch does not receive a fee for the
preparation and publication of StockPotentials reports.
InvestmentPitch.com, a multimedia company that provides a combined solution for
creating and hosting financial video content, and distributing it across
multiple platforms to investors and financial professionals, specializes in
producing short three minute videos based on significant news releases and
research reports.
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
604-684-5524
bmorgan(at)investmentpitch.com
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: InvestmentPitch via Thomson Reuters ONE
[HUG#1705704]
Unternehmensinformation / Kurzprofil:
Datum: 30.05.2013 - 01:23 Uhr
Sprache: Deutsch
News-ID 264662
Anzahl Zeichen: 4373
contact information:
Kategorie:
Business News
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