SOURCE: Wall Street News Alert

March 22, 2005 08:55 ET

Wall Street News Alert: Medical Devices Diagnostic Testing Company to Support SWNM Clinical Testing of Labguard™!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- March 22, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Southwestern Medical Solutions, Inc. (OTC: SWNM), CMGI Inc. (NASDAQ: CMGI), Genentech, Inc. (NYSE: DNA) and Texas Instruments Incorporated (NYSE: TXN).

Aggressive investors and day traders may have their sights set on Southwestern Medical Solutions, Inc. (OTC: SWNM) this morning! Yesterday after the markets closed, the company issued a press release announcing that it has contracted the firm, Instant Diagnostics Inc., to conduct final scientific support data studies on its Labguard™ product line.

This could be more great news for investors! Testing of the Labguard™ system is proceeding as scheduled and tracking of results indicates that the product is meeting the high expectations of SWNM. The data gathered from Physicians Stat Laboratory, Florida, is being analyzed and final adjustments/refinements to the product are proving beneficial in current testing. In the final phase, which will involve scientific study of the information provided through the clinical trials, the data will then be culled and inspected by Instant Diagnostics Inc. It is expected to determine that the Labguard™ system exceeds any currently available system in both ease of use and screening analysis data, and that it also provides the safest environment while conducting increasingly important health screenings.

Southwestern management chose to have the final product evaluations conducted by an independent scientific diagnostic company in order to reinforce its forthcoming market launch of the Labguard™ systems.

Southwestern Medical believes that it has the solution! According to the press release, the company's proprietary Labguard™ on-site collection & diagnostic testing technology represents a revolutionary approach that ensures greater safety and convenience for diagnostic testing. The Labguard™ system will offer previously unavailable analysis at an extremely competitive price. Currently undergoing clinical testing of the Stage 1 Labguard™, the company is also nearing completion of the building of prototypes for Stage 2 Labguard™. Numerous applications of Labguard™ to address specific market needs, such as non-invasive HIV testing, are being advanced toward commercialization.

Investors continue to watch this company's progress! Just last week, the company issued a press release announcing that it has plans to introduce a non-invasive, one-step early menopause detection device in its Labguard™ on-site and at-home Collection & Diagnostic Testing product lineup.

For more in-depth coverage of Southwestern Medical, visit

Prior to yesterday's press release, the stock closed yesterday at around Fourteen cents a share.

In case you are not familiar with the company: Currently involved in clinical investigative studies for its patent protected Labguard™ systems, Southwestern Medical Solutions continues to develop exciting advancements in products for the healthcare community. With the exclusive rights to produce and distribute the patented Protect-A-Pal™ safe syringe systems, and its potential entrance into the Hydrotherapy market, as well as disposable surgical devices, SWNM is building a healthy portfolio of high-potential products and is poised to gain a strong market presence in the foreseeable future.

Stocks showing interesting activity yesterday at the close of the regular trading day were: CMGI Inc. (NASDAQ: CMGI) up 4.1% on 17.4 million shares traded, Genentech, Inc. (NYSE: DNA) up 10.4% on 15.1 million shares traded and Texas Instruments Incorporated (NYSE: TXN) down 0.8% on 10.2 million shares traded.


"The FOMC meets on Tuesday and most analysts are now predicting another rise in interest rates. This would be the 7th increase and put the overnight rate at 2.75%," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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