Press Releases

TEMPE, Ariz.--(BUSINESS WIRE)-- Kinetic Muscles, Inc. ("KMI"), an innovative developer of stroke rehabilitation products, today announced the commercial launch of the Foot Mentor Pro(TM), which helps stoke survivors recover from "foot drop" and regain proper muscular control of the foot and ankle. Proper control of the lower extremity is essential to an efficient gait pattern for walking and for regaining patient independence.

Foot drop is a partial leg paralysis, caused by brain injury from stroke, traumatic brain injury and other conditions, that prevents the foot from lifting and flexing, causing instability and preventing patients from walking. According to the American Heart and Stroke Association, about 36% of stroke survivors suffer lasting impairment of their feet and legs.

Like the Hand Mentor Pro(TM), the Foot Mentor Pro(TM), uses proprietary video game technology at the patient interface in order to enable the cognitive engagement and extended, repetitive practice that have been shown by clinical studies to be critical to the recovery process. KMI's robotic technology, along with the proprietary patient interface and data communications module, promotes neuromuscular re-education through the clinically studied Active Repetitive Motion therapy that underlies KMI's product platform. The Foot Mentor Pro(TM) can be deployed in both the clinic and home settings. The device provides records of patient time spent on the device and progress against established clinical measures, thereby reducing costs by eliminating paper records and facilitating filing for reimbursement.

Dr. Kay Wing, DPT, owner of the SWAN Rehabilitation Clinic in Phoenix, led some of the early focus group studies of the Foot Mentor Pro, and she noted, "I am very encouraged by the early results of our focus group studies that pointed to notable improvements in foot and ankle mobility, along with better muscular control of foot flexion. I look forward to working with KMI to integrate the Foot Mentor Pro(TM) into our clinical practice for our patients."

About Kinetic Muscles, Inc.

Founded in 2001 in Tempe, Ariz., KMI is an innovative company that has leveraged groundbreaking research into neuroplasticity into a product platform that uses video game technology and robotics to provide Active Repetitive Motion(TM) therapy for patients suffering from stroke, traumatic brain injury, and other potential indications such as multiple sclerosis, incomplete spinal cord injury and cerebral palsy. Although its products incorporate high-technology, KMI's goal is to provide products that generate patient engagement in the home and clinic settings, encourage patient compliance with intensive therapy, and lower actual costs to the patient and to the healthcare system. KMI's first product, the Hand Mentor Pro(TM), is currently installed in approximately 100 leading rehabilitation clinics nationwide, and it has been the subject of several clinical studies by nationally recognized researchers.

    Source: Kinetic Muscles, Inc.

Hunter and Grimaud Amplify Firm's Reputable Auditing Services

SAN FRANCISCO & CAMPBELL, Calif.--(BUSINESS WIRE)-- Two seasoned audit partners, Dan Hunter and Steve Grimaud, have joined the accounting firm of Mohler, Nixon & Williams. Dan Hunter will strengthen the firm's reach into the San Francisco and North and East Bay markets, and Steve Grimaud will augment the firm's audit team in its Silicon Valley office. The addition of Dan Hunter and Steve Grimaud brings the total number of partners in the firm to 27, eleven partners in the audit practice.

"Dan and Steve are two talented professionals, and we are excited at what they bring to our practice," says Leinani Nakamura, CEO. "MNW's ability to continue to attract such knowledgeable partners from highly recognized firms is a result of our strong reputation for quality service in our markets," Nakamura says. "Our focus on client service attracts partners who share this value, and is the reason for our continued success."

Dan Hunter brings more than 18 years of accounting experience. Having served companies in high technology, manufacturing and distribution, software and services and clean tech for almost two decades, Dan Hunter offers Mohler, Nixon & Williams (MNW) clients a wealth of knowledge and experience. At MNW, Dan will specialize in auditing and accounting for private companies in the venture backed and middle market sectors. During his career, he has advised companies ranging from small, emerging businesses to large, multinational corporations. From this vast experience, he has gained a profound understanding of the wealth of business and accounting challenges facing today's rapidly growing companies, making him highly skilled at assisting clients in navigating the current complex business landscape.

Prior to joining MNW, Dan spent four years as an audit partner with BDO Seidman, LLP. Dan started his career with Ernst & Young, LLP, after graduating with a BA from UC Santa Barbara, and is an active a member of the AICPA and California Society of CPAs.

Steve Grimaud has over 25 years of professional experience and has worked with businesses based in the Silicon Valley for the last 22 years that range from privately held and venture backed entities to publicly held global enterprises. His experience is primarily from serving clients in the software, technology, manufacturing, distribution and service industries. He has assisted clients with initial public offerings, public and private debt offerings as well as with numerous SEC filings. Steve has also assisted many clients with mergers and acquisitions on both the buy and sell side.

Prior to joining MNW, Steve spent nine years as an audit partner with Deloitte & Touche LLP. He graduated with a BA from University of California Los Angeles. Steve is also a past president of the Silicon Valley San Jose Chapter of the California Society of CPAs and has been serving as the chapter's monthly bulletin editor for the past 10 years.

About MNW - Mohler, Nixon & Williams

Founded in 1980, MNW is one of the largest locally-based CPA firms in California, with 27 partners and more than 130 associates. MNW professionals help solve the business challenges of growing companies and the successful individuals who lead these companies. With offices in Silicon Valley, Palo Alto and San Francisco, we are consistently recognized as a nationally ranked Top 100 Firm and one of the Best Places to Work in the Bay Area.

For additional information, please visit www.mohlernixon.com.

    Source: Mohler, Nixon & Williams

SAN FRANCISCO--(BUSINESS WIRE)-- Fitch Ratings has affirmed its 'BBB' rating on the Colorado Health Facilities Authority's approximately $43.3 million revenue bonds, series 1998, 1998B, and 2005, issued on behalf of National Jewish Health (NJH). The Rating Outlook is Stable.

The rating rationale reflects National Jewish Health's improving financial and operating profile, which is buoyed by NJH's recent expansion of outpatient service lines and investments in clinical and research faculty. At fiscal year-end (FY) 2009, NJH posted an operating loss of $1.9 million, exceeding budget and comparing favorably to the $5.3 million loss in the prior year. In addition, NJH's balance sheet metrics show improvements to liquidity as unrestricted cash and investments rose in FY 2009 and through the three-month interim period. At Sept. 30, 2009, NJH had $46 million in unrestricted cash and investments, equating to 108 days cash on hand and a cash-to-debt position of 93%, up from 84 days and 64% at June 30, 2008. The rebounding profitability and liquidity stem from NJH's 2007 strategic plan in which management made significant investments in personnel and capital infrastructure as it expanded NJH's outpatient service lines and enhanced its research capabilities.

Other credit strengths include NJH's stability in research funding, world-renowned reputation, manageable debt burden, and favorable growth in outpatient volumes. Federal grant revenue, which accounts for 30% of operating revenues and consists mainly of National Institute of Health (NIH) funding, totaled $48.7 million in FY 2009, up from $40.1 million in the prior year. Fitch believes the stability of federal grant revenue is attributable to NJH's reputation as the top-ranked respiratory medicine research institution as ranked by US News and World Report. NJH's debt burden is manageable as demonstrated by maximum annual debt service (MADS) as a percentage of revenue of 1.9% in FY 2009, and compares favorably with Fitch's 'BBB' category median of 3.5%. As reported in Fitch's previous rating action commentary, NJH is reaping the benefits of shifting its resources to outpatient activity as evident by the large jump in clinic visits to 67,210 in FY 2009, up from 39,980 in FY 2007.

The Stable Rating Outlook reflects Fitch's belief that NJH will continue to benefit from its strategic plan, will strive to achieve near break-even operating profitability in FY 2010, and continue to strengthen its balance sheet.

National Jewish Health is a nationally recognized academic medical center located in Denver, CO, specializing in pulmonary, allergic, cardiac, and immunologic disease. Total revenue in FY 2009 was approximately $177.3 million. NJH covenants to provide only annual disclosure to fixed-rate bondholders and does not covenant to provide any disclosure to the series 2005 bondholders, which Fitch views negatively.

Additional information is available at 'www.fitchratings.com'.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

    Source: Fitch Ratings

WOBURN, Mass., Nov. 11, 2009 (GLOBE NEWSWIRE) -- Palm Valley Health Care has been recognized by Mobile Enterprise Magazine for its innovative use of the LogMeIn Rescue remote support solution to enable home healthcare delivery through its mobile electronic medical records (EMR) system.

Palm Valley received an Honorable Mention in the IT Management of Mobile Devices category in the 2009 Mobilizer Award. Now in its eighth year, the Mobilizer Awards are presented to enterprises that have successfully deployed mobile solutions and are selected based on ease of deployment, innovation and business improvement.

Headquartered in Edinburg, Texas, Palm Valley Health Care provides a wide range of care and services to homebound patients throughout South Texas. As one of the first healthcare providers in its region to implement a "paperless" electronic medical records (EMR) system, Palm Valley armed its field nurses with remote access to the EMR system via wireless pocket PCs. The company's primary goal was the provision of better patient care due to the nurse's ability to stay connected and productive in the field.

To ensure the efficiency of it EMR program, Palm Valley deployed remote support solution LogMeIn Rescue to enable the IT staff to remotely troubleshoot and resolve software issues - including EMR shutdowns, file corruption, storage card maintenance, connection problems and database rebuilds - to minimize software-related disruption of the nurses' PDA devices and reduce the time IT administrators spent helping non-technical users.

Highlights of the award-winning ROI according to Palm Valley Health Care:

 -- Palm Valley Health Care's nurses now spend 85 percent more time
    with patients due to less time troubleshooting and worrying about
    PDA issues;

 -- The IT team's call volume has been reduced by 75 percent, due to
    improved user training; and

 -- Call handle time has been shortened by over 50 percent by replacing
    cumbersome over-the-phone support with direct remote access to the
    troubled device.

"Providing support with LogMeIn Rescue allows us to control remote devices with little end-user interaction involved," said Nathan Armstrong, IT Administrator, Palm Valley Health Care. "We're honored to be recognized by Mobile Enterprise and continue to be thrilled to give our nurses the freedom to do what they do best: Care for patients."

"Palm Valley Health Care is a prime example of a provider that is leveraging technology as the means to increase performance and capabilities," said Richard Redding, vice president and General Manager, Mobile, LogMeIn. "By arming its 200 field nurses with wireless devices, the company has proven that the combination of mobile devices and remote support technology raises the bar on quality of care, while lowering operational costs."

"Enterprises large and small have been grappling with serious economic issues that have had an effect on all aspects of the workplace," says Mobile Enterprise Editor-In-Chief Susan Nunziata. "In light of these challenges, we are particularly inspired by the worthy assortment of deployments submitted for consideration in our 2009 Mobilizer Awards. We thank Palm Valley Health Care for giving us the opportunity to be inspired by their mobility success story, and we wish them continued good fortune."

The Mobilizer winners were announced at an awards ceremony November 6 during the Mobile Enterprise Executive Summit at the Four Seasons Westlake Resort in Westlake, CA, November 4-6, 2009.

Winners, including Palm Valley Health Care, are featured in the November/December issue of Mobile Enterprise Magazine and online at http://www.mobileenterprisemag.com.

About The Mobile Enterprise Mobilizer Awards 2009

Each year the Editors and Editorial Advisory Board of Mobile Enterprise honor those corporate enterprises, government agencies, healthcare organizations and educational institutions that have improved their business through the use of mobile and wireless technologies. Our annual Mobilizer Awards are presented each November at the Mobile Enterprise Executive Summit. The entry period for the 2010 Mobilizer Awards will begin in spring 2010. Visit http://www.mobileenterprisemag.com or email susann@mobileenterprisemag.com for more details.

About LogMeIn, Inc.

LogMeIn (Nasdaq: LOGM) makes it easy to connect and access remote computing devices - desktops, laptops, point-of-sale systems, medical devices, smartphones and more - from any internet-connected computer, including an iPhone or the in-dash computer of a Ford F-150 pick-up truck. Over 25 million registered users have connected more than 70 million devices using LogMeIn for business productivity, personal mobility and IT support. LogMeIn is based in Woburn, Massachusetts, USA, with offices in Australia, Hungary and the Netherlands, and on the web at http://www.LogMeIn.com.

The LogMeIn, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6574

LogMeIn Rescue is a registered trademark of LogMeIn, Inc. in the U.S. and other countries around the world. iPhone is a trademark of Apple, Inc. in the U.S. and other countries around the world.

Contact:

Bill Baker, Baker Communications Group, LLC, 860-350-9100, logmein@bakercg.com

Trip Kucera, LogMeIn, Inc., 781-897-0696, press@LogMeIn.com

Maas Companies to auction three-year old biodiesel energy plant that uses soybean oil as primary feedstock in Keokuk, Iowa.

KEOKUK, Iowa--(BUSINESS WIRE)-- Maas Companies of Rochester, MN will auction the 5 MGY Tri-City Energy Biodiesel Refinery Wednesday, Dec. 16, 2009 at 10 a.m. onsite at 219 S. 5th Street, Keokuk, Iowa. It is conducted in conjunction with Iowa District Court in and for Lee County.

Founded in 2006, Tri-City Energy is a privately-held company and the 11th biodiesel plant in Iowa to begin production using soybean oil as a primary feedstock.

Recent news reports indicated the plant was being purchased by an overseas entity, however the mortgage is still in default and the court-ordered auction is proceeding as planned.

Buyers will have the option of purchasing plant equipment and real estate as one tract. The facility also has an extensive lab that will be available for purchase as a second tract, independent of the real estate and process equipment. A detailed equipment catalog is available by contacting Maas Companies at (507) 285-1444 or at the auction website, www.maascompanies.com.

The court-ordered sale is pursuant to foreclosure proceedings and the property will be sold subject to court approval.

Potential buyers are encouraged to attend the open houses:

 Wednesday, November 18, 11a.m. to 4 p.m.

 Thursday, November 19, 11a.m. to 4 p.m.

 Tuesday, December 15, 11a.m. to 4 p.m.

 Other times by appointment.

Details of the sale are available on the Maas Companies website, www.maascompanies.com, or by contacting the auction company directly at (507) 285-1444.

Maas Companies Inc. is an international marketing company located in the U.S.A. with extensive experience in successfully marketing industrial plants, equipment, and real estate, hospitality and commercial properties worldwide.

    Source: Maas Companies Inc.