Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Micro Penny Stocks, Penny Stocks $0.10 & Under
»
LFTC-- Walgreens orders Cholesterol Monitor
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by WinsumLosesum: [QB] July 07, 2004 06:30 AM US Eastern Timezone Lifestream Technologies' Shipments Double in Fourth Quarter 2004; With additional distribution and increasing awareness, Lifestream sees its business expanding in 2005 POST FALLS, Idaho--(BUSINESS WIRE)--July 7, 2004--Lifestream Technologies(TM) (OTCBB:LFTC), the leading manufacturer of home cholesterol monitors and professional screening devices, today announced that shipments in the fourth quarter were twice that of the same quarter ending 2003. The addition of a new retail account contributed to this increase in shipments. "With the addition of a major retailer and our recent advertising and promotional programs, we are looking forward to an improvement in sales numbers," said Christopher Maus, Lifestream President and CEO. "An important component of improving our cash position is better management of our inventory as our sales increase. We expect to see an improvement in performance over the coming quarters with continued strong orders, increased margins, and cost containment. We continue to aggressively pursue the remaining distribution channels through the addition of new retail accounts." "Lifestream's revenue recognition policy does not necessarily result in revenue recognition at the time product is shipped and, therefore, shipments may not be an indicator of the revenue to be reported on our financial statements. This increase in shipments is, however, a good indicator of our success in increasing distribution and creating awareness of our cholesterol monitor with consumers," stated Nikki Nessan, VP Finance. 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. 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(TM) Personal Health Card(R) 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 [URL=http://www.knowitforlife.com]www.knowitforlife.com[/URL] or contact Customer Care at 888-954-LIFE. For Company information, visit [URL=http://www.lifestreamtech.com.]www.lifestreamtech.com.[/URL] [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2